Category Archives: African News

African Business News

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 […]

Innovation Prize for Africa Announces Deadline Extension to Promote African-Led Innovation

  The winning proposal will be awarded a cash prize of $100,000 USD DAKAR, Sénégal, October 25, 2012/African Press Organization (APO)/ – Due to the high demand from African innovators, The African Innovation Foundation (AIF) (http://www.africaninnovation.org) and the United Nations Economic Commission for Africa (ECA) announced the extension of the deadline for submitting entries to […]

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 […]

Premier IFC/World Bank Off-grid Lighting Conference in Senegal

  WASHINGTON, October 25, 2012/African Press Organization (APO)/ – The joint IFC-World Bank Lighting Africa program, in partnership with Senegal’s Agency for Rural Electrification, invite the media to attend or cover the Third International Off-grid Lighting Conference and Trade Fair in Dakar, Senegal, November 13 – 15, 2012. Lighting Africa will release the findings of […]

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 […]

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 […]

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 […]

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 […]

How to measure the success of your direct marketing campaign

  By Tony Sham Measuring the success of direct marketing campaigns (Microsoft Word)   In a world of fan bases, follows and likes, the rules and measurements of direct marketing have changed considerably. So, what are the benchmarks against which you can measure the success of a direct marketing campaign in the current media landscape? […]

5ways to boost your social media reach

  By Chemory Gunko 5 ways to boost your social media reach (MS Word) Social Media platforms, when utilised effectively, can return amazing marketing results for minimal effort and costs. What’s more, the traction and reach you gain are not limited to a single campaign, as the fans you win over are expecting to hear […]

Executions of Prisoners: Fear Hangs Over Diplomatic Rupture With Senegal

  By Amat JENG It was about an hour-and-quarter before we entered a new chapter of our lives – September 2012, which will never rebound until the characters in this magnum opus part with the World. Here, in the heart of the Senegalese capital, Dakar, yet still the debate is going on the radio, TVs […]

South Africa hosts continent’s largest gathering of Ethernet Companies

  MEF (Metro Ethernet Forum) and Metrofibrenetworkx bring Government, telcos, ISPs, Data Centres, Equipment Vendors and Enterprise together in bid to connect the country’s networks 22 October 2012 Johannesburg, Midrand, South Africa.The African continent’s most influential gathering of Ethernet related companies will converge on at the Axiz Workgroup Auditorium in Midrandfor the first ever seminar […]

SMARTON® – the intelligent crane from Konecranes

  Intelligent, modular and versatile – SMARTON sets new standards in technology, flexibility, efficiency, and safety. SMARTON is the result of Konecranes’ 50+ years of experience with heavy-duty lifting applications in process industries. Since its launch, SMARTON has been adopted by many of the world’s leading industrial companies because it offers the right mix of […]