2020 Archives - AfricaBusiness.com

20Dec

By Africa BusinessNo Comments

African News

A ten-year strategy to support the development of social protection systems in Sub-Saharan Africa

STORY HIGHLIGHTS Social protection, which comprises both social assistance and social insurance programs, is a powerful tool to reduce poverty and vulnerability The World Bank has a new 10-year strategy for social protection in Africa (2012-2022) The vision is to help governments build country-owned national social protection systems Social protection, once thought of as exclusive to rich and middle-income countries, is being increasingly employed in low-income countries in Africa, where policymakers are recognizing its potential as a powerful tool to reduce poverty, vulnerability, and social inequality. The food, fuel and financial crises of 2008 have shown the vital role that social protection can play in cushioning poor and vulnerable households from shocks. Acro...

13Dec

By Africa BusinessNo Comments

African News, Energy, Green Energy, South Africa News

How will South African industry deal with tariff hikes and carbon taxes?

African Utility Week to assist Large Power Users to face energy obstacles The proverbial axe is falling on ‘business as usual` as every industry in South Africa, from mining to manufacturing to retail, is cringing at the thought of rising energy tariffs and the impending implementation of a carbon tax. Stemming the tide of rising tariffs On the receiving end of tariff hikes, industry is dealing with three significant elements, namely the cost of electricity, uncertainty around sufficient electricity supply and carbon emission management. According to Shaun Nel, Project Director & Advisor, Energy Intensive Users Group of Southern Africa (EIUG), “the current request by Eskom to raise electricity prices by 16% per annum over 5 years will have a significantly negative ...

6Nov

By The African Press OrganizationNo Comments

African News, Equatorial Guinea

American Businessman Talks About Investment In Equatorial Guinea

More than 25,000 Americans Work in Equatorial Guinea Today MALABO, Equatorial Guinea, Nov., 2012 /PRNewswire-USNewswire/ — Investing in Equatorial Guinea is a flexible and friendly process, according to American businessman John James. In a recent interview with Focus Washington, John James, founder and chairman of JD James & Company, an advisory firm serving governments, government sponsored enterprises and the global private sector in West and Central Africa, said that Equatorial Guinea offers more flexibility to establish a business than other African countries because the government has deeply focused on the country’s development. James has lived and worked in Africa for more than ten years. James said that Equatorial Guinea is one of the most dynamic stories in Afric...

23Oct

By Africa BusinessNo Comments

Energy, Green Energy

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 2011, at a CAGR of 38.8%. Industry forecasts expect global backsheet market revenues to reach an estimated $1.4 billion by 2020. The growth momentum of the global solar PV backsheet market parallels the expanding field of energy harvesting with its limitless number of applications and market opportunities, particularly in solar and photovoltaic energy sources. (Photo: http://photos.prnewswire.com/prnh/20121022/CG97483) Five new significant market resea...