Category Archives: African News

African Business News

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 […]