Africa Business, Author at AfricaBusiness.com

16Oct

By Africa BusinessNo Comments

African News

World Bank Group Partners with Korean Private Businesses to Invest in Emerging Markets

Seoul, October 16, 2012—In partnership with KoFC (Korea Finance Corporation), IFC and MIGA today hosted the Korea–World Bank Group Private Sector Seminar in Seoul to discuss opportunities to strengthen their partnership when making sustainable and profitable private sector investments in emerging markets. The forum discussed ways of bringing innovative private sector solutions, including financing, guarantees, and knowledge transfer, to more developing countries around the world. It marks a milestone in the partnership between the World Bank Group and South Korea. “I’m proud to say that the World Bank Group has played a small but not inconsequential role in South Korea’s success,” World Bank Group President Jim Yong Kim told around 300 private sector executives, government offic...

16Oct

By Africa BusinessNo Comments

African News

World Bank: Unleashing the Power of Africa’s Private Sector Key to Continent’s Growth

TOKYO, October, 2012 – The private sector is a key but underused resource for Africa’s development, as much of the continent’s savings go yet untapped for investment. Speaking at the Africa Investor CEO Summit in Tokyo, Makhtar Diop, World Bank Vice President for Africa, stressed that public private partnerships (PPPs) can be an important instrument to mobilize these resources and address the estimated US$30 billion per year infrastructure financing gap in Africa, particularly in energy and transport. Diop highlighted that despite the global economic crisis, growth prospects in Sub-Saharan Africa remain very positive at an expected 4.8% in 2012, while private capital flows will slow somewhat. According to him, the region’s resilience in face of the international crisis is a testam...

16Oct

By Africa BusinessNo Comments

Science

What Makes You Tick?: A New Paradigm for Neuroscience

Antioch, CA, October 16, 2012 --(PR.com)-- Solas Press announced today the imminent release for publication of What Makes You Tick?: A New Paradigm for Neuroscience. As the title suggests it raises the profound question of how we humans interact with our world. The commonsense view of the world is that it is constituted of material things, that can be touched and measured; and immaterial entities, such as general laws and thoughts. In art, literature, politics, personal improvement, and indeed in most fields of endeavor, we ignore the immaterial or spiritual at our peril. In science (with notable exceptions in behaviorist psychology and quantum physics) materialism has led to wonderful scientific advances. However, materialism in contemporary neuroscience limits the development of...

16Oct

By Africa BusinessNo Comments

African News, Nigeria News

LAGbook Partners with Lovvin to Foster Social Recommendation in Africa

Foremost African social discovery network Ladies And Gentlemen book (LAGbook) today announced its partnership with social recommendation website Lovvin to foster social recommendation in Africa. Lagos, Nigeria, October 16, 2012 --(PR.com)-- Lovvin is a social recommendation website that lets people share things they love and recommend things they might love. Based on what they love, what their friends love, and what other people in the world love, Lovvin suggests a wide range of things to people based on interests and location. Lovvin suggests books, websites, celebrities, places etc, to its visitors, and allows registered users add things, places, and people they already love to Lovvin. Registered LAGbook users can sign up to, and get social recommendations from Lovvin rig...

16Oct

By Africa BusinessNo Comments

African News, South Africa News

South African industrial issues must be dealt with now

By Thandisizwe Mgudlwa This is serious stuff. And South African stakeholders, shareholders, sectors must stand and pay attention to what could further derail the process of creating jobs. As mentioned so many times before and evidence elsewhere in the world confirms that job can go a long way in eradicating poverty and underdevelopment. It is therefore paramount to all the groups concerned to listen and take actions from the warnings of John Botha. This week Botha said: “It is becoming so onerous to employ in South Africa that business is opting for alternatives to direct employment – alternatives like outsourcing, sub-contracting, automation, off-shoring and new technology. These were just a handful of the unintended consequences of the proposed changes to South A...

15Oct

By Africa BusinessNo Comments

African News, South Africa News

BRICS Countries: Delayed Reforms are Jeopardising Positive Development

BERLIN and RIO DE JANEIRO, October 15, 2012 /PRNewswire/ -- Growth alone will not resolve problems if emerging markets do not change at the same time Contrary to the forecasts of success in recent years, the 'BRICS' (Brazil, Russia, India, China and South Africa) are greatly in need of reform in key political areas. At the same time, their political systems often lack the capacity to reform, which is jeopardising future growth potential. A large-scale international comparative study by the German Bertelsmann Stiftung also comes to the same conclusion. The urgency of the problem and the capacities for reform vary significantly between the five countries. By comparison, Brazil has the most promising future prospects. Here, major reforms, for example in the fight against poverty a...

15Oct

By Africa BusinessNo Comments

Science

Forbidden Fruit – Queendom Research Reveals Which Gender is More Likely to Give Into Temptation

Queendom.com's latest study indicates that when it comes to being disciplined and making healthy life changes, men tend to have a stronger resolve. Montreal, Canada, October, 2012 --(PR.com)-- Queendom.com, a pioneer in online personality, IQ, and career tests, has released its newest study on willpower and the ability to keep resolutions. Queendom's research reveals that women may have a little more difficulty staying away from temptation and sticking to healthy habits. Queendom.com assessed 230 men and women's level of willpower on their road to a healthy lifestyle. For everything from food to exercise, Queendom researchers attempted to determine which of the two groups was more likely to stick to their health resolutions, particularly in the face of temptation...deliciou...

15Oct

By Africa BusinessNo Comments

African News, Ghana News, Nigeria News

Kinetic Events proud to host founders of Africa’s largest social networking website, Chidi Nwaogu and Chika Nwaogu to speak at IT Leaders West Africa Summit

Chidi Nwaogu and Chika Nwaogu LAGBook (Microsoft Word) The anticipated annual IT Leaders West Africa Summit will take place from 28 to 29 November 2012 in the heart of Ghana’s esteemed capital city, Accra. The summit is produced by international business-to-business conferencing company, Kinetic Events; key strategic information providers to the IT and telecoms sector within Africa. The summit is proudly endorsed by ITES in West Africa. South Africa, Republic of, Oct, 2012 – West Africa is aiming to further develop and improve ICT activity beyond simple challenges of connectivity, encouraging investment and expenditure within local production and development. Until recently, new regulations currently pending before parliament could be implemented in third-quarter 2012 would have ...

15Oct

By Africa BusinessNo Comments

African News, South Africa News

PUBLIC ATTITUDES TOWARDS THE PRESIDENT OF THE REPUBLIC OF SOUTH AFRICA, JACOB ZUMA

Afrobarometer Bulletin [Briefing Paper No.104] PUBLIC ATTITUDES TOWARDS THE PRESIDENT OF THE REPUBLIC OF SOUTH AFRICA, JACOB ZUMA by Paul Graham and Carmen Alpin Introduction In May 2012, a display of art entitled “Hail to the Thief II” caused a national controversy because of a single element hung on a separate wall. This was a pastiche of a well-known image of Lenin with the face of the President of South Africa, Jacob Zuma. The piece was entitled “Spear of the Nation”. The controversy centred on issues of respect and dignity versus those of freedom of artistic expression. An unresolved court case was withdrawn after the image was serially defaced by two individuals, a public march on the gallery and a subsequent press conference between the African National Congress a...

14Oct

By Africa BusinessNo Comments

African News

Annual Investment Meeting 2013

The Annual Investment Meeting 2013 (AIM) is an initiative from the UAE Ministry of Foreign Trade to be held in Dubai, United Arab Emirates from April 30 to May 2, 2013 at the Dubai International Convention and Exhibition Center. The third edition of AIM will provide a true assessment of investment opportunities in frontier, emerging and transition economies with a special focus on some high growth regions such as Africa and Asia as well as in the United Arab Emirates (UAE), one of the most dynamic and the leading economic centre in the Middle East and North Africa region. This year edition offers a tribune of strategic importance for business development. The impressive range of media present contributes to the exceptional importance of the event. Additional informat...