PARSIPPANY, N.J., Nov., 2012 /PRNewswire/ — Despite the challenges of a precarious economic environment, the 2011 global lubricant market grew a resilient 2%, with global lubricant demand estimated at 38.6 million tonnes. This growth was largely fuelled by the BRIC countries’ resurgent industrial activity and expansion in the commercial and passenger vehicles sales, according to the […]
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LEHIGH VALLEY, Pa., Nov. 6, 2012 /PRNewswire/ — Air Products (NYSE: APD) today announced it has been awarded the contract to supply two oxygen plants at the site of a copper smelter being built in Zambia by Kansanshi Mining Plc. The scope of the agreement includes Air Products supply of two 750 metric ton per day oxygen […]
NAIROBI, Kenya, November 5, 2012/African Press Organization (APO)/ – Deforestation deprived Kenya’s economy of 5.8 billion shillings ($US 68 million) in 2010 and 6.6 billion shillings in 2009, far outstripping the roughly 1.3 billion shillings injected from forestry and logging each year, according to a joint Kenya Forest Service (KFS) and UN Environment Programme (UNEP) […]
DUBLIN, Ireland, November 5, 2012/African Press Organization (APO)/ – The Tánaiste and Minister for Foreign Affairs and Trade, Eamon Gilmore, T.D., today welcomed the Government of Uganda’s commitment to repay €4m in Irish Aid funds which was misappropriated by officials in the Office of the Prime Minister, the Ministry of Finance and Bank of Uganda. […]
By Thandisizwe Mgudlwa An initiative aimed at increasing ICANN’s presence and participation across Africa was recently unveiled. It was also announced that the plan has received enthusiastic support of the CEO and Board Chair. News coming from Toronto, Canada say that leaders of Africa’s Internet community have also unveiled a comprehensive plan designed to dramatically […]
According to a report by Statistics South Africa, unemployment rate in South Africa is at 24.9%, down from 25.2% in the first quarter. A staggering 79% of those unemployed are under the age of 35, with some 26,000 graduates unemployed. The largest decreases in unemployment were seen in Limpopo with 1.7%, Mpumalanga with 1.4% […]
The seventh African Economic Conference ended on November 2, 2012 in Kigali, Rwanda KIGALI, Rwanda, November 3, 2012/African Press Organization (APO)/ – Participants at the closing session of the seventh African Economic Conference (http://www.africaneconomicconference.org), on November 2, 2012 in Kigali, Rwanda, urged African leaders to put in place bold economic reforms, aimed at sustaining […]
ADDIS ABABA, Ethiopia and BANGALORE, India, November 1, 2012/PRNewswire-FirstCall via African Press Organization (APO)/ — New Core Banking Solution to Improve Customer Service and Operational Efficiency Bunna International Bank, a leading player in the Ethiopian market, today announced the selection of Finacle[TM] core banking solution [http://www.infosys.com/finacle ] from Infosys for its transformation journey. Finacle […]
Move to certify entire product line seen as significant step to eradicate trafficking and forced child labor on cocoa farms and plantations NEW YORK, Oct. 11, 2012 /PRNewswire-USNewswire/ — Today, the Interfaith Center on Corporate Responsibility, a shareholder coalition that engages companies on labor and human rights standards in global supply chains, commends the […]
“Facebook evolved to be of extreme importance for any digital marketing efforts, and understanding all about Facebook users becomes an essential step to start any Facebook marketing activity,” said Ahmad Nagy; eMarketing Egypt Managing Director. Cairo, Egypt, October, 2012 –(PR.com)– www.emarketing-egypt.comeMarketing Egypt announced the third report in its annual series of reports about Facebook […]
By Thandisizwe Mgudlwa Here is a company that knows how to make it big in the international business arena. The South African group, John Thompson is continuing its strong international performance with multiple export orders into the East African tea industry, brewing industry and the highly competitive Far East market, research reveals. According to […]
PARIS, France, October 8, 2012/African Press Organization (APO)/ – Governments in the Middle East and North Africa (MENA) should create urgently needed jobs for the 2.5 million people entering the labour market each year and improve their policies to encourage women’s entrepreneurship in order to reduce structural unemployment, says a new OECD report. Women […]
ADDIS ABABA, Ethiopia, October 8, 2012/African Press Organization (APO)/ – The joint partnership of the African Union Commission, the Economic Commission for Africa and the African Development Bank has hailed today’s meeting of the Bureau of the Second Conference of AU Ministers Responsible for Mineral Resources Development as “an important milestone in implementing the […]
PARIS, October, 2012―With new discoveries of oil, gas, and other minerals generating a wave of significant mineral wealth in African countries, the World Bank today launched a new fund to help countries on the continent level the playing field and ensure equitable deals in their natural resource contracts with international companies. With Africa holding 15% […]
WASHINGTON, October, 2012 – Sub-Saharan Africa is expected to grow at 4.8 percent in 2012, broadly unchanged from the 4.9 percent growth rate in 2011 and largely on track despite setbacks in the global economy, according to the World Bank’s new Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects. Excluding South […]
Millbug.com, the leading women’s fashion ecommerce retailer in South Africa today announced it would be expanding into the rest of Africa. The company, which prides itself on providing elegant and edgy fashion for millennials, has confirmed that its number one priority will be proliferating the African ecommerce environment. “We are very fortunate to have […]
Tom Juma, Head of Service Delivery and ICT of Old Mutual Kenya (Microsoft Word) The Cloud Summit East Africa Summit, proudly supported by the Kenya ICT Board and KITOS, will be held in Nairobi on 7 September 2012. The strategic industry event is hosted by international business-to-business conferencing company, Kinetic Events. The summit is […]
by Chikomborero Dengu (chikodengu @ gmail.com) Regionalism (Microsoft Word) Introduction There is an increasing recognition for the need to improve the political and economic environment of a country or region via collective action . This recognition is borne out of the realisation that countries or indeed regions are competing with themselves for scarce resources […]
CERN (European Organization for Nuclear Research) particle detection systems use Element Six synthetic diamond in their first line of defence against beam-induced radiation damage in their recently announced Higgs boson experiment results. LONDON, July 24, 2012 /PRNewswire/ — Element Six, the world leader in synthetic diamond supermaterials, is proud to announce that its […]
CNBC AFRICA, opened its eighth African bureau in Zambia as it continues to widen its African reporting footprint. The bureau, a joint venture with Zambia’s national broadcaster, ZNBC, will be based in the Zambian capital, Lusaka and opened for business on the 25th of July 2012. It’s the channel’s second bureau this year following Mozambique […]
GREENVILLE, S.C., July 23, 2012 /PRNewswire/ — KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today announced that it is positively cited in the U.S. Government Accountability Office (GAO) report Conflict Mineral Disclosure Rule: SEC’s Actions and Stakeholder-Developed Initiatives (GAO-12-763). This report highlights KEMET’s “Making […]
NEW YORK, July 20, 2012/African Press Organization (APO)/ — Following are UN Secretary-General Ban Ki-moon’s remarks to the Fifth Ministerial Conference of the Forum on China-Africa Cooperation, in Beijing, 19 July: It is a great honour for me to participate on behalf of the United Nations at this important Forum on China-Africa cooperation. I […]