Africa Business, Author at AfricaBusiness.com

31Oct

By Africa BusinessNo Comments

African News

Bunna International Bank Partners With Finacle From Infosys for Banking Transformation

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 will enable the bank to integrate its front and back office operations and deploy a state-of-the-art loan origination system. This will include automating the credit check and loan approval processes for risk-free and efficient loan disbursals. This transformation will help Bunna improve the overall banking experience for its customers. Finacle will also comp...

31Oct

By Africa BusinessNo Comments

African News

Pushing the African Business up with High Speed Internet

By Rich Martinez Africa, though known to have the oldest economic history and could have established a prosperous economy earlier, has long been suffering from poverty instead. It has been imprinted in the History that their economy has indeed stagnated for the past decades. The African Continent is supposed to be enriched with a wide range of resources, but somehow, mismanagement and corruption took place that people from Africa are economically depressed and deprived. However, since 2000, there has been a development in Africa specifically in its economy. Some African Countries showed fast improvements in their economic growth and it cannot be denied that efforts were really exerted to have produced that result. This improvement amidst the global recession has been...

31Oct

By Africa BusinessNo Comments

African News

Application Story – FDB Hinges – On the Waterfront in Cape Town

FDB Panel Fittings supplied compact concealed hinges for public information kiosks installed during the re-development of a run-down waterfront area in Cape Town, South Africa. Isleworth, United Kingdom, October, 2012 --(PR.com)-- Re-development of a run-down waterfront area in Cape Town, South Africa into prestigious shops, hotels, flats, cafes, etc. called for a range of public information kiosks with compact concealed hinges to permit access for installation/maintenance. FDB Panel Fittings were delighted to provide their 4-100 90 degree weld-on hinges with central guide which resist sagging during adjustment. The situation called for double-sided kiosks with back to back 55 inch LCD screens mounted in a 2.4m high by 1m wide housing just 200mm deep – so internal space was at a ...

31Oct

By Africa BusinessNo Comments

African News, Senegal News

The Government of Senegal to officially host this year’s AgriBusiness Forum

The Government of Senegal and EMRC International partner to spotlight Africa’s agricultural and Agri-Food sector potential. Organised under the patronage of the President of the Republic of Senegal and the Prime Minister and hosted by Senegal’s Ministry of Agriculture and Rural Equipment, this year’s AgriBusiness Forum will highlight the importance of Africa’s agricultural potential under the theme “Boosting African Agriculture through Partnership, Investment and Technology,” bringing together over 400 people from across the world linked to the global Agri-Food industry. The Forum will take place from 25-28 November 2012 in Dakar, Senegal announced the Ministry of Agriculture and Rural Equipment and Idit Miller, EMRC International Vice President, at a joint press confer...

30Oct

By Africa BusinessNo Comments

African News, South Africa News

Growing role for Africa in the “Golden Age of Gas” – Report

Opportunities will extend in most areas to the smaller, local E&P players as well, most often in partnerships with larger, more-experienced players JOHANNESBURG, South-Africa, October 30, 2012/African Press Organization (APO)/ – With open access and attractive leasing terms, Africa’s oil and natural gas resources continue to attract a broad spectrum of investors, according to a new report from Ernst & Young (http://www.ey.com/za) Natural gas in Africa – The frontiers of the Golden Age launched at Africa Oil & Gas Week. Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/ernstyoung.jpg Elias Pungong, Ernst & Young’s Oil & Gas Leader for Africa says, “Natural gas development holds tremendous opportunity for Africa. It can be a primary dr...

30Oct

By Africa BusinessNo Comments

African News

Africa & Middle East Focussed Telecom Analytics Solutions Provider wins Deloitte Technology Tech Fast 50 India 2012 Award

Africa & Middle East Focused Telecom Analytics solutions provider wins Deloitte Tech Fast 50 India 2012 Award (Microsoft Word format) Ranked Number 6 Fastest Growing Technology Company, ABIBA attributes its 836% Revenue Growth to domain focus and customer centric approach Bangalore, India, 30th Oct 2012 – ABIBA Systems, a leading Telecom Analytics software solutions provider focussing on Africa, Middle East, APAC and South Asia, today announced that it ranked Number 6 on the Deloitte Technology Fast 50 India 2012, a ranking of the 50 fastest growing technology companies in India. Rankings are based on percentage revenue growth over three years. ABIBA Systems grew 836 percent during this period. ABIBA is currently working with largest operator in Africa and Mi...

30Oct

By Africa BusinessNo Comments

Science, South Africa News

UCT Graduate School of Business is the best in Africa

By Thandisizwe Mgudlwa The University of Cape Town's Graduate School of Business, has been voted the top business school on the African continent for 2012. A report released this week showed that by a vote of its international peers, the UCT Graduate School of Business (UCT GSB) has been rated the top business school in Africa at the 5th Eduniversal World Convention of the Best Business Schools, held from 17 to 19 October in Lima, Peru. "This is the fifth time that the UCT GSB has walked away with top honours at the event, five Palmes. Five Palmes go to business schools with major international influence. Second to the GSB in Africa, the University of Stellenbosch Business School also received five Palmes." Also reported is that the annual meeting was hosted by CENTR...

30Oct

By Africa BusinessNo Comments

African News, Energy, Green Energy

Standard Bank Group ranked South Africa’s greenest company

Standard Bank Group has been ranked South Africa's "greenest" company in the 2012 Newsweek Green Rankings. Standard Bank Group was ranked 21st globally in the Financial Sector category and 64th overall. Other South African companies included in the rankings were MTN, Bidvest and Sasol. Newsweek, an international weekly news magazine, publishes the Green Rankings annually, focusing on the largest publicly traded companies in America (US 500 list) and worldwide (Global 500 list). Each list consists of the largest 500 companies by revenue, market capitalisation, and number of employees, as at 30 June 2012. To produce the 2012 Green Rankings, Newsweek collaborated with leading environmental research providers, Trucost and Sustainalytics, to assess each company's environmental fo...

30Oct

By Africa BusinessNo Comments

African News

Standard Bank, Microsoft and Samsung partnership

Standard Bank South Africa, Samsung and Microsoft have partnered to give Standard Bank South Africa customers first option on Samsung's new Ativ tablets, running the brand new Microsoft Windows 8 operating system - prior to the availability of the device in the mainstream market. The announcement coincides with the worldwide launch of the highly anticipated Windows 8 operating system. Launches were held in New York and South Africa on 25 October. The Standard Bank banking app, launched earlier this year on Apple, Android and Blackberry platforms, is also South African's first banking app in the Windows 8 app store. Samsung's Windows Ativ tablets are ultra-slim, lightweight, long battery power devices, and will be available to only Standard Bank customers in South Africa fo...

30Oct

By Africa BusinessNo Comments

African News

Joburg and Standard Bank in new banking partnership

Standard Bank South Africa has beaten four banks in a tender bid to partner with the City of Joburg. The participating banks were subject to the same rules and requirements, in line with the prevailing legislation, the Municipal Finance Management Act (MFMA). The City had utilised the services of one of the big four audit and consultancy firms to ensure that the process was transparent and fair to all participants. "This signifies the beginning of a new partnership with Standard Bank," says Mr. Trevor Fowler, the City Manager. "We believe the partnership with Standard Bank will support the City of Johannesburg as it rolls out the GDS 2040 Strategy , will assist the City, through commitments undertaken during the bidding presentation, on numerous aspects which are in lin...