africa Archives - Page 24 of 33 - AfricaBusiness.com

20Oct

By Africa BusinessNo Comments

OPIC TO DEDICATE STAFF MEMBER FOR SOUTH AFRICA IN 2013

Will support implementation of US-Africa Clean Energy Finance Initiative JOHANNESBURG, South Africa – The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, will dedicate a senior staff member for South Africa in 2013, aiming to leverage the country’s position as a business hub and strategic U.S. partner into new investment opportunities for American and African companies. In the past two years OPIC has made significant efforts to expand its work in Africa, resulting in an extraordinary 300 percent increase in the agency’s commitments to the region last year. Whereas Africa comprised only four percent of OPIC’s global portfolio of loans, guarantees and political risk insurance in 2001, today it stands at a full 22 percent...

19Oct

By Africa BusinessNo Comments

African News

Tánaiste to discuss African trade opportunities with 120 Irish business leaders

DUBLIN, Ireland, October 19, 2012/African Press Organization (APO)/ – Tánaiste to discuss African trade opportunities with 120 Irish business leaders EVENT: • Representatives of more than 120 Irish companies will gather for the Africa Ireland Economic Forum at the Smurfit School of Business in Dublin to discuss trade and investment opportunities in Africa. • Tánaiste and Minister for Foreign Affairs and Trade, Eamon Gilmore T.D., will address the forum and highlight opportunities for Irish companies in sectors including agri-food, construction, information technology and pharmaceuticals. The forum will be opened by Minister for Trade and Development Joe Costello. DATE: • Monday, October 22. A photocall will be held at 11am, featuring the Tánaiste, Minist...

19Oct

By Africa BusinessNo Comments

African News, Energy, Green Energy

Africa’s Energy Challenge: World Bank Africa Vice President Makhtar Diop

Remarks at the IMF/World Bank 2012 Annual Meetings Event: The Energy Challenge of Africa Good afternoon everybody. I’m very grateful and thankful to the Japanese authorities for organizing this event jointly with the World Bank and for extending their hospitality to all of us here. I would like, in particular, to thank Minister Gemba, who took time out of his very busy schedule to come and open this event. I would like to thank Mayor Hayashi for her presence here, and I look forward to visiting her in Yokohama. I would like to thank JICA―the Japan International Cooperation Agency― the Ministry of Finance and the Minster of Foreign Affairs for organizing this event. I have some remarks, but I just want to, before I go on to my remarks, comment a little bit and react a littl...

18Oct

By Africa BusinessNo Comments

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...

18Oct

By Africa BusinessNo Comments

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...

17Oct

By Africa BusinessNo Comments

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....

17Oct

By Africa BusinessNo Comments

Ghana News, Tanzania News

ITC Global Completes Its Acquisition of Spidersat, Deepens Its Local Presence in Africa

ST PETERSBURG, Fla., Oct. 16, 2012 /PRNewswire/ -- ITC Global, Inc. ("ITC Global" or the "Company"), a leading global provider of enterprise grade satellite communication services to mining, energy and maritime businesses, announced today that it has completed its previously announced acquisition of Spidersat Communications Limited ("Spidersat"), a leading integrator of global communications solutions focused on providing mission critical satellite-based communication services for mining, exploration, and mining services companies operating in Africa. The combined companies will provide the most seamless coverage, service, and local support available in Africa for mining and mining-related customers. "I am incredibly excited to begin our partnership with Spidersat and further deve...

17Oct

By Africa BusinessNo Comments

African News

Analysis of the European, Middle Eastern, and African Contact Center Outsourcing Market

NEW YORK, Oct. 17, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Analysis of the European, Middle Eastern, and African Contact Center Outsourcing Market http://www.reportlinker.com/p01012679/Analysis-of-the-European-Middle-Eastern-and-African-Contact-Center-Outsourcing-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Call_Center This research study examines market trends, drivers, and restraints for European Middle-Eastern and African contact center outsourcing market. This study provides market size, revenue forecasts and breakdown by country, industry vertical segmentation. Market shares for the leading outsourcers are also provided. The study profiles about 30 leading outsourcers, includin...

16Oct

By Africa BusinessNo Comments

African News

World Bank: Unleashing the Power of Africa’s Private Sector Key to Continent’s Growth

TOKYO, October, 2012 – The private sector is a key but underused resource for Africa’s development, as much of the continent’s savings go yet untapped for investment. Speaking at the Africa Investor CEO Summit in Tokyo, Makhtar Diop, World Bank Vice President for Africa, stressed that public private partnerships (PPPs) can be an important instrument to mobilize these resources and address the estimated US$30 billion per year infrastructure financing gap in Africa, particularly in energy and transport. Diop highlighted that despite the global economic crisis, growth prospects in Sub-Saharan Africa remain very positive at an expected 4.8% in 2012, while private capital flows will slow somewhat. According to him, the region’s resilience in face of the international crisis is a testam...

16Oct

By Africa BusinessNo Comments

African News, Nigeria News

LAGbook Partners with Lovvin to Foster Social Recommendation in Africa

Foremost African social discovery network Ladies And Gentlemen book (LAGbook) today announced its partnership with social recommendation website Lovvin to foster social recommendation in Africa. Lagos, Nigeria, October 16, 2012 --(PR.com)-- Lovvin is a social recommendation website that lets people share things they love and recommend things they might love. Based on what they love, what their friends love, and what other people in the world love, Lovvin suggests a wide range of things to people based on interests and location. Lovvin suggests books, websites, celebrities, places etc, to its visitors, and allows registered users add things, places, and people they already love to Lovvin. Registered LAGbook users can sign up to, and get social recommendations from Lovvin rig...