Author Archives: Africa Business

World Bank Launches New Fund to Help African Countries Negotiate Best-Possible Deals for their Oil, Gas, and Minerals

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% […]

Despite Global Slowdown, African Economies Growing Strongly― New Oil, Gas, and Mineral Wealth an Opportunity for Inclusive Development

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 […]

Africa INX, Leading ISP In S. Africa, Deploys RADWIN 5000 To Drive High-capacity Services To SMEs

  RADWIN’s wireless broadband radios operate in heavy interference & non line-of-sight   TEL AVIV, Israel, Aug. 23, 2012 /PRNewswire/ — RADWIN (www.radwin.com), the global provider of Backhaul and Broadband Wireless solutions, today announced that Africa INX, an ISP based in Gauteng, deployed the RADWIN 5000 point-to-multipoint solution to deliver high-capacity services to businesses requiring […]

MarketsandMarkets: World Sensors Market in Healthcare Applications is expected to reach $13.11 billion by 2017

  DALLAS, August, 2012 /PRNewswire/ — According to a new market research report “World Sensors Market in Healthcare Applications (2012-2017), Global Forecast & Analysis – Segmentation by Type of Sensor (Temperature, Pressure, Chemical, Flow, Level, Position, Image and Biosensors), Monitoring, Therapeutic, Diagnostic, Drug Discovery & Delivery Applications, Geographical & Country-wise Markets“ published by MarketsandMarkets (http://www.marketsandmarkets.com), […]

South African Fashion eCommerce Retailer Expands Into Africa

  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 […]

Advertising code now applicable to Facebook

  By Sarann Buckby Phatic Communications +27 83 381 0710 If you have a social media profile for your brand, such as a Facebook page or Twitter profile, buckle up because a landmark ruling by the Advertising Standards Board in Australia is likely to affect your online business marketing soon. The Advertising Standards Board in […]

PMI Gold Corporation Announces Significant Drilling Intersections at itsKubi South Prospect

  Please download press-release (all figures, tables, contacts): PMI Significant drill results Kubi (Microsoft Word) Key Points: Diamond drilling intersects significant gold mineralization at the Kubi South Prospect, located 1.5km south of the Kubi Main DepositatPMI Gold’s Kubi Project within the Ashanti Gold Belt. The Kubi Project is located on the north-east trending Ashanti Shear […]

Tom Juma, Head of Service Delivery and ICT of Old Mutual Kenya is to attend and speak at the Cloud East Africa Summit

  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 […]

SA’s National Development Plan promises greatness

  By Thandisizwe Mgudlwa SOUTH AFRICA’s revised National Development Plan (NDP) could be the foundation for a new age of co-operation between business and government, a leading business organisation believes. It is the Cape Chamber of Commerce and Industry which has welcomed the NDP as a progressive step for the prosperity of South Africa. Michael […]

New Fair Trade Shop Empowers South African Artisans

  COLORADO SPRINGS, Colo., Aug. 21, 2012 /PRNewswire/ — Paradigm Shift, a Colorado-based non-profit, recently launched an online shop. The Paradigm Shift Shop sells Fair Trade South African crafts handmade by microentrepreneurs who have participated in Paradigm Shift’s holistic entrepreneurship training program. Around the globe millions work in sweatshop-like conditions, earning barely enough to feed […]