Africa Business, Author at AfricaBusiness.com

17Oct

By Africa BusinessNo Comments

Makers of Plumpy’nut® to Invest $5.8 Million in African Companies to Fight Severe Acute Malnutrition Through Local Suppliers

French food manufacturer to significantly increase its total investment since 2005 to support sustainable food production systems MALAUNAY, France, Oct. 17, 2012 /PRNewswire-USNewswire/ -- Nutriset, the inventor and manufacturer of Plumpy'nut® – the highly fortified peanut-based paste that revolutionized the treatment of severe acute malnutrition (SAM) – today announced the company will contribute an additional $5.8 million over the next two years to combat severe acute malnutrition in the developing world and especially in the Sahel region of Africa. Announced during the Borlaug Dialogue in Des Moines in conjunction with the awarding of the 2012 World Food Prize, Nutriset's $5.8 million commitment will go to members of the PlumpyField® network, a network of locally based private manufactu...

17Oct

By Africa BusinessNo Comments

African News, Malawi News, Zambia News

Zambia’s Agriculture Deputy Minister to Officially Open Regional Food Security Meeting

The Deputy Minister of Agriculture in Zambia, Nicholas Banda will officially open a regional food security policy dialogue taking place in Lusaka, Zambia on the 18th of October 2012. The dialogue, hosted by the Southern Africa Trust is in partnership with the Institute for Democracy (IDASA), an African democracy institute and the Zambia National Farmers Union (ZNFU), will discuss ways to support small-holder farmers in southern Africa so they can increase food production at household level. Dr Chungu Mwila, the Chief Executive Officer of ACTESA-COMESA and Martin Muchero from SADC-FANR Directorate are expected to be part of the discourse together with government officials from SADC countries, farmer associations, members of COMESA and the SADC secretariat. Overcoming food insecurit...

17Oct

By Africa BusinessNo Comments

Energy, Green Energy

Report From ULI Greenprint Center for Building Performance Suggests Progress In Reducing Carbon Emissions And Improving Energy Efficiency Of Investment Properties

DENVER, Oct. 17, 2012 /PRNewswire-USNewswire/ -- A just-published report from the Urban Land Institute (ULI) Greenprint Center for Building Performance suggests that progress is being made within the real estate industry to reduce energy consumption and carbon emissions for individual properties and portfolios. (Logo: http://photos.prnewswire.com/prnh/20100310/ULILOGO ) Volume 3 of the Greenprint Performance Report™, released today at ULI's Fall Meeting in Denver, includes building performance data on 2,703 property submissions representing 65 million square meters (700 million square feet) in 46 countries. The property data was submitted to the Greenprint Center by its 29 members and 12 affiliated participants, who comprise a worldwide alliance of leading real estate owners, inv...

17Oct

By Africa BusinessNo Comments

African News

Frost & Sullivan: Datatec Shows Remarkable Resilience in the Face of Tough Global Conditions

By Samantha James CAPE TOWN – 17 October 2012 - Datatec posted a strong set of interim results as a diversified business profile enabled it to achieve solid growth against the backdrop of a continually weakening global environment. In the six-month period ending August 2012, Datatec managed to grow its overall revenues to $2.62 billion up from $2.44 billion in the 2011 corresponding period. The group's increased exposure to resilient, emerging markets was pivotal in offsetting a marked slowdown, particularly in developed markets. Whilst growth slowed down in all regions, particularly in the second quarter, Latin America was the exception, continuing on a solid growth trajectory. "Faced with strong headwinds in the form of difficult global operating conditions, Datatec has bee...

17Oct

By Africa BusinessNo Comments

African News

Working as a Consultant When Retired

By David Kimberley Retirement doesn't necessarily have to be a function of age, but more a function of choice and capacity. People can choose to still work as long as they want to and are able to, in careers or professions of their choice. The more senior people get in their professions, the more experience they gain which makes them more valuable in their expertise when they are still able to practice their professions well. Many professionals in South Africa are now retired but can still continue being valuable in their professions or areas of expertise in a different career – consultants. This is what Retired Consultants is offering. Retired Consultants understands the value of retired professionals and what expertise they can offer. They know very well how these veterans...

17Oct

By Africa BusinessNo Comments

African News, Equatorial Guinea

Equatorial Guinea Official Statement On International Arrest Warrant For Daniel Lebegue

MALABO, Equatorial Guinea, Oct. 17, 2012 /PRNewswire-USNewswire/ -- The government of Equatorial Guinea has issued an official statement regarding the international arrest warrant received by INTERPOL for the detention of Daniel Lebegue . A full text of the government's statement follows: The Justice System of Equatorial Guinea informs the national and international public that on today's date, Tuesday, October 16 of the current year, the International Criminal Police Organization, more commonly known as Interpol, and the Security Forces of the Equatoguinean State have received an Arrest Warrant for the French citizen Daniel Lebegue . This decision comes as a result of the evidence scrutinized by the justice system that Mr. Lebegue has been hiding under the guise of a busi...

16Oct

By Africa BusinessNo Comments

African News, South Africa News

China in South Africa: media responses to a developing relationship

Chinese Journal of Communication Volume 5, Issue 3, 2012 Special Issue: Media and the State: China and Beyond China in South Africa: media responses to a developing relationship DOI:10.1080/17544750.2012.701428 Herman Wassermana Abstract The formal invitation extended to South Africa by China late in 2010 to join the BRIC formation of emerging economies (Brazil, Russia, India, and China) may be seen as a confirmation of the growing economic ties between China and South Africa. The expanded trade between these two countries allows South Africa an opportunity to meet its development needs. For China, the interest in South Africa as an emerging market forms part of its growing interest in Africa for resources, markets, and diplomatic support. However, this involvement...

16Oct

By Africa BusinessNo Comments

African News

Oando Energy Resources Announces Spudding of Ebendo-5 Well

CALGARY, Alberta, October 16, 2012 /PRNewswire/ – Oando Energy Resources Inc. (“OER” or the “Company”) (TSX:OER), a company focused on oil exploration and production in Nigeria, today announced the spudding of the EB-5 well in the Ebendo Field (OML 56), located onshore Nigeria. OER commenced drilling operations on October 12, 2012 and has reached a depth of 4,000 ft. EB-5 is an appraisal well, targeted at evaluating the medium sands encountered during the recently-concluded EB-4 well drilling program. EB-5 is expected to reach a target depth of 10,000 ft and will enable the appraisal of any reserves that may be present in the five hydrocarbon bearing sands that were encountered while drilling the EB-4 well. The sands’ fluid contents were not conclusively determined during the...

16Oct

By Africa BusinessNo Comments

South Africa News

Tronox Files to Counter Move to Halt First-Phase Construction of its Fairbreeze Mineral Sands Mine in South Africa

MTUNZINI, South Africa, Oct. 16, 2012 /PRNewswire/ -- Tronox Limited (NYSE: TROX) today formally noted its opposition to an application made by the Mtunzini Conservancy for an injunction to halt the early-phase construction underway at the company's new KZN Sands Fairbreeze mine project in northern KwaZulu-Natal, South Africa. In opposing papers filed in the Durban High Court, Tronox remains firm in its belief that the action by the Mtunzini Conservancy is without merit and that the early-phase construction, including site establishment and temporary access roads, that commenced in early October 2012 is within the required legislated framework. Tronox is confident that it has followed due process and is prepared to take all steps necessary to protect its right to advance the o...

16Oct

By Africa BusinessNo Comments

African News, Morocco News

US and Morocco Launch New Strategic Partnership to Tackle Economic Development, Democratic Reforms, Terrorism, Syria

WASHINGTON, Oct. 16, 2012 /PRNewswire-USNewswire/ (MACP) -- Morocco and the US have announced a wide range of areas for bilateral cooperation — including ongoing democratic reforms, economic growth and jobs, women's empowerment and human rights, interfaith tolerance, countering terrorism, and ending the violence in Syria — in their recently launched Morocco-US Strategic Dialogue. This new partnership agreement is the result of more than a decade of focused, comprehensive leadership and cooperation by King Mohammed VI with three US Administrations to strengthen Morocco-US relations and implement the two countries' shared vision for the Middle East and North Africa. "Last year, when citizens of Morocco called for change, Moroccan society, under King Mohammed VI , answered with m...