Tuesday, December 10African Digital Business Magazine
Energy, Green Energy, Mauritius News

Solamon Enters Mauritius Market; Set to Provide Large-Scale Solar Energy Projects

  Solamon enters Mauritius market; set to provide large-scale solar energy projects. Toronto, Canada, July 07, 2012 --(PR.com)-- Earlier today Jay Yeo, President, Solamon Energy Corp., proudly announced the company has entered The Republic of Mauritius and over the next few months will aggressively pursue its goal to sell large-scale solar arrays across fields, parking lots and rooftops on this sun-rich island nation located in the Indian Ocean. "It is in fact our first foray into Africa," adds Yeo, from his office in Toronto, "and we are working closely with several partners to effectively communicate our intentions to business and government leaders." Mauritius has no known oil, natural gas or coal reserves, and therefore currently depends on imported petroleum products to meet...
African News

Video: Investing for Sustainable Development

Frontiers in Development: June 13, 2012 DevTalk: Joel Lamstein, Co-founder and President of John Snow, Inc. Forum: Investing for Sustainable Development Moderator: Donald Steinberg, Deputy Administrator, USAID Emilia Pires, Minister of Finance of Timor-Leste Amara Konneh, Minister of Planning and Economic Affairs of Liberia Rakesh Rajani, Head and Founder of Twaweza Paul O'Brien, Vice President for Policy and Campaigns for Oxfam America One of the biggest challenges in development is sustaining progress and results over time. Sustainability involves a complex set of economic, cultural, technical, and environmental issues. What are the best strategies for sustaining results over time? How can beneficiaries be empowered to take ownership of development initiatives? How can pro...
African News

The role of tourism employment in poverty reduction and community perceptions of conservation and tourism in southern Africa

  Journal of Sustainable Tourism Volume 20, Issue 3, 2012 Special Issue: Tourism and Poverty Reduction: theory and practice in less economically developed countries By Susan Lynne Snyman Abstract High-end ecotourism operations in African protected areas often claim to share the benefits of ecotourism with surrounding rural communities through employment as well as “trickle down” effects of revenues that result from such operations. The receipt of benefits from ecotourism is also claimed to promote an appreciation of biological diversity and conservation in surrounding communities. In practice, these claimed benefits can be challenging to measure and no multi-country study has attempted to assess the efficacy of these claims across a variety of circumstances. This study asses...
African News, South Africa News

IP rights no longer capital in South Africa: a welcome signal for foreign investment

  by Marumo Nkomo University of Cape Town Oilwell v Protec (295/10) [2011] ZASCA 29 (Justice Harms JA), 18 March 2011 Abstract The ruling clarified in the negative, a pressing question for foreign entities intending to do business in South Africa: does IP constitute capital for the purposes of currency and exchange regulation? Please read article here: http://jiplp.oxfordjournals.org/content/7/2/88.short
African News

Land registration, credit and agricultural investment in Africa

Author(s): Daniel Domeher, (School of the Built Environment, Liverpool John Moores University, Liverpool, UK), Raymond Abdulai, (School of the Built Environment, Liverpool John Moores University, Liverpool, UK) Citation: Daniel Domeher, Raymond Abdulai, (2012) "Land registration, credit and agricultural investment in Africa", Agricultural Finance Review, Vol. 72 Iss: 1, pp.87 - 103 Publisher: Emerald Group Publishing Limited Abstract: Purpose – The purpose of this paper is to critically examine the argument linking land registration to agricultural investment and to provide theoretical reasons as to why this linkage may not materialise in Africa within the short to medium term. Design/methodology/approach – The paper takes the form of a critical review of the relevant literature on land r...
Energy, Green Energy

Unique Program Which Brings Solar to Remote Africa Receives Recognition from Soluxe Solar

  Solar Provider honors African "Pay as You Go" solar program with Solar Flare award DARIEN, Conn., July 5, 2012 /PRNewswire/ -- While remote villages in Africa may not be the most expected place to find solar, IndiGo is shining light on unheard of locations through a "Pay As You Go" solar program which allows rural villagers to generate their own power via a photovoltaic panel and battery pack.  They can then purchase the produced energy for as little as $1 a week. This unique program has caught the eye of Soluxe Solar, a Connecticut-based solar company.  The IndiGo program receives this week's Soluxe "Solar Flare" – a weekly honor the company bestows on an individual or company making great strides in the world of solar advancement. "Each day we are seeing solar develop and crea...
African News

IBM Supports Accelerated Adoption of Technology in Tanzania

  DAR ES SALAAM, Tanzania, July, 2012 /PRNewswire/ -- IBM (NYSE: IBM) today (July 4) signed a collaboration agreement with the Tanzanian Ministry of Communication, Science and Technology to help accelerate the adoption of technology as part of Tanzania's ongoing development and strategy to increase its competitiveness in East Africa. (Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO ) IBM will work with the Tanzanian Government to help achieve its vision of becoming a hub for trade in the wider East Africa region and to enhance sustainable economic development as outlined in the Tanzania National ICT Policy. "This agreement supports the goals of the National ICT Commission to use innovative technologies and approaches to transform our infrastructures, build national data...
African News, Angola News

Video: Footage shows African ‘ghost town’

A giant new Chinese-built city has sprung up on the outskirts of Angola's capital Luanda. Nova Cidade de Kilamba is a brand-new mixed residential development of 750 eight-storey apartment buildings, a dozen schools and more than 100 retail units. Designed to house up to half a million people when complete, Kilamba has been built by the state-owned China International Trust and Investment Corporation (CITIC) in under three years at a reported cost of $3.5bn (£2.2bn). But on a recent trip back to Luanda, the BBC's former Angola correspondent Louise Redvers discovered that most of the buildings currently lie empty, as this footage she recorded shows. Source: http://www.bbc.co.uk/news/world-africa-18680217
Energy, Green Energy, South Africa News

Energy Trends in Africa: Will Africa be the Global Green Energy Leader?

CAPE TOWN, South Africa, July 4, 2012 /PRNewswire/ -- With the latest supply of power grids, power generation efficiency and movement toward energy-efficient buildings, Africa is at the brink of a green energy revolution – or is it really? The Frost & Sullivan Energy and Power Systems business unit will be hosting a complimentary web conference that will be contextualising the direction and scale of energy investment in Africa. The web conference will take place on 10 July 2012, at 15:00 CAT (14:00 BST). Various countries have introduced feed-in tariffs and, in addition, the need for supplementary power in remote locations is on the increase. At the same time, the costs of RE technologies have been decreasing, becoming ever more competitive. Many companies are bracing themselves for gr...
African News, Ghana News, Kenya News, South Africa News, Zimbabwe News

Africa provides vast potential for micro-insurance

Micro-insurance coverage has expanded dramatically globally from the 78 million low-income people identified in 2007 to the current estimates suggesting the sector is approaching 500 million lives covered today. This growth has been largely driven by both the active involvement of governments to better help citizens protect themselves against risks and the availability of payment systems, which has made it easier to collect premiums from low-income households and enabled a host of new players to get involved in micro-insurance. However, despite global growth in micro-insurance and its increasing prominence on the international agenda, micro-insurance on the African continent continues to lag behind, with only 25 million low-income people covered. Africa nevertheless provides vast potenti...