Author Archives: Africa Business

South Africa Holiday Ownership Expert Stuart Lamont to Speak During Timeshare and Fractional Event GNEX 2013

  The Executive Chairman for Club Leisure Group will give his viewpoints of the South Africa shared ownership industry during Perspective Magazine’s third annual timeshare and fractional industry event. Orlando, FL, October, 2012 –(PR.com)– Perspective Magazine announces that Stuart Lamont, Executive Chairman, Club Leisure Group will provide his expertise regarding the South African vacation ownership […]

SADC initiative to harmonize seed policies advanced

  by Wallace Mawire The Southern African Development Community (SADC) initiatives on harmonization of seed policies are at an advanced stage with  only a few countries still to sign the Memorandum of Understanding (MOU). The initiatives are being conducted under the Food, Agriculture and Natural Resources Policy Analysis Network (FANRPAN) Harmonized Seed Security Project. According […]

AIR Delivers Digital Communications Solutions Conference in Togo

  American International Radio, Inc. opened doors to Central and Western Africa by bringing the first ever regional telecommunication conference in the area. Rolling Meadows, IL, October, 2012 –(PR.com)– This year’s three day event was addressed to both governmental organizations and industrial companies customers from Togo and the surrounding countries including Benin, Niger, Mali, Gabon, […]

Would Social Media lead to emotional blandness

  (Cairo, Egypt, 24th of October 2012) Social media penetration in Egypt is a staggering 68.21% from total online population (Facebook focused). People spend more time browsing their friend’s profiles than actually engaging in conversation or meeting with them face to face. As more and more time is spent in browsing the countless statuses updates […]

elec expo, EneR Event & Tronica Expo 2012 with an ever higher quality of trade visitors

  3,312 visitors from 42 countries discussed business with 138 exhibitors The 2012 edition of elec expo, EneR Event & Tronica Expo, organised under the patronage of His Majesty King Mohammed VI, has closed its doors on 20 October 2012 after 4 days of professional meetings and debates. 3,312 professional visitors of 42 countries and […]

CAMAC Energy CEO Honored by Goldman Sachs as one of the 100 Most Innovative Entrepreneurs

  HOUSTON, Oct. 25, 2012 /PRNewswire/ — CAMAC Energy Inc. (NYSE MKT: CAK) (“the Company”) today announced that Chairman and CEO Dr. Kase Lawal, recently attended the inaugural Goldman Sachs Builders & Innovators Summit where he was honored as one of the 100 most innovative entrepreneurs for his 26 years of creating value on the […]

OECD and ATAF strengthen tax co-operation with Africa

  PARIS, France, October 25, 2012/African Press Organization (APO)/ – The OECD and the African Tax Administration Forum (ATAF) have signed a Memorandum of Co-operation, agreeing to work together to improve tax systems in Africa. Logan Wort, Executive Secretary of ATAF stated that, “Since the inauguration of ATAF, the invaluable support and commitment of the […]

R70 MILLION INVESTMENT FOR EAST LONDON TERMINALS

  [EAST LONDON – October 2012] TheEast London multi-purpose terminals operated by Transnet Port Terminals have celebrated a historical moment this month when it took delivery of a R70 million brand new Liebherr mobile crane on 14 October 2012. The MV Annette vessel discharged the crane as a semi-assembled unit, which will be assembled by […]

Standard Bank Group gets behind the Orange Africa Cup of Nations, South Africa 2013

  Football legends from throughtout Africa will join Standard Bank Group in celebrating the countdown to the upcoming continental football showpiece, the Orange Africa Cup of Nations, South Africa 2013. These legends will the ambassadors in the tournament’s official Trophy Tour as well as the Players’ Escort Programme. Standard Bank Group is the exclusive sponsor […]

AfDB hosts a workshop to boost local currency bond market development in Africa

  Few African countries can effectively access capital in their domestic markets TUNIS, Tunisia, October 24, 2012/African Press Organization (APO)/ – The African Financial Markets Initiative (AFMI), managed by the African Development Bank (AfDB) (http://www.afdb.org), hosted a Pan-African Stakeholder Workshop from October 22 to 24, 2012, at the Ramada Plaza Hotel in Tunis. The workshop […]

Announcing the Launch of Innovative Computer Software for the Ancient Egyptian Hieroglyphs, Tehuty 1.0

  Revolutionary new computer software is reviving the past for Egyptologists, students, artists, designers and schools and bringing the language of ancient Egypt into a new era. London, United Kingdom, October 24, 2012 –(PR.com)– The Tehuty 1.0 software is the result of 23 years’ painstaking work by Dr. Ramses Seleem, Principal of Sia Academy for […]

NEW UK ROAD REPAIR COMPANY TARGETS AFRICA

  Newly-formed road remediation company, Quikfix Holdings Limited, is targeting Africa with its instant road repair service. The UK-based company, which was founded only in August this year, has already incorporated a subsidiary business in Sierra Leone in view of securing a five year contract with the government to carry out nationwide repairs to the […]

Exset’s Digital Monetisation System plans to promote African Digital Transition

          By Thandisizwe Mgudlwa   Exset, pioneers of TV ecosystems for emerging markets, recently launched its Digital Monetisation System (DMS) in Africa. The DMS facilitates the transformation and monetisation of television platforms across Africa, assisting in the closing of the digital divide. And the Africa Page is a new and unique […]

African Mobile Banking sector shows great promise

  By Thandisizwe Mgudlwa So James Alt, the risk advisory senior manager at Deloitte Cape Town believes that the big corporate companies utilise innovation to produce cutting edge solutions for new technologies in order to remain market leaders. Where development of these new technologies is outsourced to service organisations, corporates are faced with a set […]

Remittances to Africa becoming smaller and more frequent, says expert

  Lower fees and technological innovation have resulted in 60% drop in average transaction value as African diaspora remits smaller amounts of money more often.   London, October 2012 – While the overall amount of money remitted to Africa is on the rise, the average value of remittance transactions between the UK and Africa is […]

Dr.Hauschka Establishes NEW Fair Trade Initiative in Ethiopia

  Sourcing Organic Damask Rose Essential Oil NEW YORK, Oct. 23, 2012 /PRNewswire/ — Dr.Hauschka Skin Care is proud to announce their support of the Terra PLC Damask Rose Farm, a new fair trade initiative in Ethiopia. Dr.Hauschka Skin Care manufacturer WALA Heilmittel is helping to create a self-reliant and economically sustainable community by establishing […]

Boeing, Ethiopian Airlines and Seattle Anesthesia Outreach Join Together for first 787 Dreamliner Humanitarian Flight

  – 20,000 pounds of humanitarian aid loaded on Ethiopian Airlines’ third Dreamliner EVERETT, Wash., Oct. 23, 2012 /PRNewswire/ — Boeing (NYSE: BA) joined with Ethiopian Airlines and Seattle Anesthesia Outreach (SAO) to deliver approximately 20,000 pounds (9,000 kilograms) of medical supplies to Ethiopia‘s largest hospital. The delivery was made to Black Lion Hospital using […]

Economic Turmoil Motivates More Enterprises to Examine Benefits of Contact Center Outsourcing, Says Frost & Sullivan

  Enterprise demand for low-cost, high-quality contact center outsourcing solutions is rising LONDON, Oct. 23, 2012 /PRNewswire/ — The contact center outsourcing market in Europe, Middle East and Africa (EMEA) experienced relatively low growth in 2011 in comparison to other major regions in the world. This trend is expected to persist over the next 5 years […]

Mobile Money in Emerging Markets – 2nd Edition

  NEW YORK, Oct. 23, 2012 /PRNewswire/ — Reportlinker.com announces that a new market research report is available in its catalogue:   Mobile Money in Emerging Markets – 2nd Edition http://www.reportlinker.com/p01020611/Mobile-Money-in-Emerging-Markets-–-2nd-Edition.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Payment_Processing Executive summary   Mobile money is causing a significant transformation in how banked and previously unbanked people in emerging markets are conducting their financial […]

Global Solar Backsheet Market Revenues to Reach an Estimated $1.4 Billion by 2020; Energy Harvesting to Touch $3.1 Billion in 2017

  FARMINGTON, Conn., Oct., 2012 /PRNewswire-iReach/ — The global solar backsheet market is growing at a fast pace, supported by strong growth in the solar PV industry in many countries, such as Germany, Italy, China and the US. Global solar PV backsheet market revenues increased from an estimated $596.5m in 2008 to $1.6 billion in […]

Sarama Resources Commences New Exploration Season in Burkina Faso

  TSX-V Ticker:  SWA SWA.WT VANCOUVER, Oct., 2012 /PRNewswire/ – Sarama Resources Limited (“Sarama” or the “Company“) reports that it has commenced exploration activities at the South Houndé and Banfora Projects in south-western Burkina Faso for the new exploration season following the finish of seasonal rains. Approximately 46,000m of drilling is planned for the first […]

CAMAC Energy Inc. to Present at 19th Africa Oil Week

  HOUSTON, Oct., 2012 /PRNewswire/ — CAMAC Energy Inc. (NYSE MKT: CAK) (“the Company”)  announced that Dr. Kase Lawal, Chairman and Chief Executive Officer, will present at the Corporate Strategies in Africa session at the 19th Africa Oil Week  in Cape Town, South Africa on Friday, November 2 at 9:10 a.m. South Africa Standard time (2:10 […]