Saturday, November 23African Digital Business Magazine

African News

African Business News

African News

Noble Energy Announces Trema Exploration Results Offshore Cameroon

  HOUSTON, Oct. 18, 2012 /PRNewswire/ -- Noble Energy, Inc. (NYSE: NBL) today announced that the Trema exploration well in the Tilapia license offshore Cameroon reached its target objective and encountered reservoir-quality sandstones that were water-bearing. The well is currently being plugged and abandoned. The Company's total cost of the Trema well is estimated at $35 million of which $20 million will be expensed in the third quarter of 2012 and the remainder in the fourth quarter. Noble Energy operated the well with a 50 percent participation interest in the license. Noble Energy is a leading independent energy company engaged in worldwide oil and gas exploration and production. The Company has core operations onshore in the U.S., primarily in the DJ Basin and Marcellus ...
African News, South Sudan

TPRF Grant to Bring New Water Sources in South Sudan

  Wells to end long treks for often contaminated supplies LOS ANGELES, Oct. 18, 2012 /PRNewswire-USNewswire/ -- A grant of US$10,000 from The Prem Rawat Foundation (TPRF) will help build new wells for up to 250 families in the Equatorial and Bahral Ghazal areas of South Sudan, Africa. The donation goes to Water for South Sudan, Inc. (WFSS) to help construct wells during the approaching dry season in highly populated areas associated with government-sponsored repatriation settlements south and southeast of the city of Wau. These are the areas where Sudanese returning to their homeland after fleeing conflict are temporarily housed. "For their very survival, many South Sudanese have had to drink unsanitary water that they had to walk hours to acquire," says Linda Pascotto, TPRF pres...
African News

Emerging Oil & Gas Exploration Markets in Africa, 2012 – Industry Analysis, Latest Developments and Competitive Landscape

  NEW YORK, Oct. 18, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Emerging Oil & Gas Exploration Markets in Africa, 2012 - Industry Analysis, Latest Developments and Competitive Landscape http://www.reportlinker.com/p01012974/Emerging-Oil--Gas-Exploration-Markets-in-Africa-2012---Industry-Analysis-Latest-Developments-and-Competitive-Landscape.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Oil_and_Gas_energy Emerging Oil & Gas Exploration Markets in Africa, 2012 - Industry Analysis, Latest Developments and Competitive Landscape Summary "Emerging Oil & Gas Exploration Markets in Africa, 2012 - Industry Analysis, Latest Developments and Competitive Landscape", is the latest report from Gl...
African News

“The Small Cells Market to Reach $233.7m in 2012” Says Visiongain Report

  Visiongain’s analysis indicates that the total value of the global small cells market will reach $233.7 million in 2012, with an ever increasing proliferation of mobile broadband, the small cells market is poised for growth for vendors and solution providers as there is a huge uptake both from the consumer market, enterprise sector and the mobile operators, driven by limited spectrum and capacity constraints. London, United Kingdom, October 18, 2012 --(PR.com)-- Following the widespread growth of smartphones and other portable connected devices in recent years, there has been a huge expansion in mobile data consumption. One of the key issues for MNO’s has been to address this increasing data traffic demand with sufficient capacity at high speeds. Due to limited spectrum availa...
African News, Egypt News

In Smart Village: Experts to Discuss Social Media Trends in Egypt

  Cairo, Egypt, October 18, 2012 --(PR.com)-- TIEC, Technology Innovation and Entrepreneurship Center, will be hosting a must-to-attend session about Social Media marketing and trends in Egypt. “Social media marketing is no more a luxury for companies aiming at staying competitive in today’s marketing environment where social media driven the most obvious change in our country recently,” said Ahmad Nagy, the managing director of eMarketing Egypt. After welcome and opening remarks to be, the concept of mining social media will be explained and then this will be followed be exploring all details about Facebook users in Egypt. Using this kind of research and data mining will require having full understanding of social media marketing strategy and tactics; and this will be fully...
African News

“Packaging Coatings, Inks and Additives Market to Reach $15.27bn in 2012” Says Visiongain Report

  Visiongain’s analysis indicates that the global packaging coatings, inks and additives market will reach a value of $15.27bn in 2012, as increased demand for packaging in the emerging markets increases demand for packaging coatings, inks and additives. London, United Kingdom, October 18, 2012 --(PR.com)-- The packaging coatings, inks and additives market is forecast by Visiongain to record continuous growth over the next decade, as consumers in emerging countries drive packaging demand and as the packaging industry in developed markets seeks to add value by utilising innovative coatings, inks and additives. The Visiongain author of The Packaging Coatings, Inks and Additives Market 2012-2022 report commented that "Packaging coatings, inks and additives demand is inherently l...
African News

“Military Energy, Fuels and Power Source Market to be Worth $43.05bn in 2012” Says Visiongain’s Report

  Visiongain’s analysis indicates that the Military Energy, Fuels and Power Source market is set to be worth $43.05bn in 2012, as commodity price fluctuations and ongoing military operations combine to increase spending. London, United Kingdom, October 18, 2012 --(PR.com)-- The Visiongain author of the Military Energy, Fuels and Power Source report comments that: "Defence spending on fuel and energy is becoming an increasingly important factor at a stage when power is shifting towards a global system of competing antagonists. Concerns over energy security and the spectre of ‘peak oil’ will provide the background to one of the most pertinent markets in the defence industry today, while developing energy and fuel technologies will provide significant opportunities in the coming ye...
African News, Energy, Green Energy, South Africa News

Conference and Expo Aims to Empower Africa to Unlock Its Energy Potential

Local power industry stakeholders are preparing to convene at the inaugural POWER-GEN Africa and co-located Renewable Energy World Africa events, from 6-8 November 2012 at the Sandton Convention Centre in Johannesburg. Under the theme “Global Technology for Local Solutions” the three-track conference and associated expo will set the stage for the industry to strategise, plan, prepare and move forward to meet the growing energy needs being driven by Africa’s economic growth. POWER-GEN Africa joins a global network that includes POWER-GEN International, POWER-GEN Europe, POWER-GEN Asia, POWER-GEN Middle-East and POWER-GEN India & Central Asia. The events are organised by the PennWell International Power Group, a 100-year-old company with offices in London and Moscow and thr...
African News, South Africa News

Cat Financial and Standard Bank Group collaborate in Africa

  Caterpillar Financial Services (Dubai) Limited (Cat Financial), an indirect subsidiary of Caterpillar Inc. and a wholly owned subsidiary of Caterpillar Financial Services Corporation, the largest financier of Cat® machines worldwide, and Standard Bank Group, Africa's largest banking group, have entered into a collaboration agreement through which Standard Bank Group will provide a range of financial services to Caterpillar customers in six African countries. The collaboration will be branded "Cat Financial Services, Services Provided by Standard Bank Group". The Cat Financial and Standard Bank Group co-branded asset finance will be offered in Nigeria, Kenya, Uganda, Tanzania, Ghana, and Sierra Leone, which are countries covered by the Mantrac Unatrac Group of Cat dealerships....
African News, Equatorial Guinea

Equatorial Guinea Calls For Closer U.S. Cultural And Business Ties

  President Obiang highlights importance of American investment in driving Equatorial Guinea's economic growth. International Leadership Conference unites African leaders with African diaspora. MALABO, Equatorial Guinea, Oct. 17, 2012 /PRNewswire-USNewswire/ -- Equatorial Guinean President Obiang Nguema Mbasogo called this week for a strengthening of commercial ties and cultural exchanges with the United States—and particularly with African-Americans—as a key to Africa's development. He made the remarks at the opening of the International Leadership Conference, co-sponsored by Equatorial Guinea, GB Energy and the World Mayors Conference, which is taking place in the Sipopo Conference Center of the capital city of Malabo from October 15-20. "This meeting is an opportunity for the ...