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10Oct

By Africa BusinessNo Comments

EIGHT OUT OF TEN COMPANIES STEP ON TO THE CLOUD

Johannesburg, South Africa: 11:30am 10 October 2012 – Nearly 80 per cent of organisations either use Cloud computing in their business or are planning to do so over the next 12 months, an audience of South African business executives heard today. Visitors to the Cloud and Virtualization Africa Summit attended a workshop by KeyedIn® Solutions, the global SaaS (Software as a Service) solutions provider and consulting organization that has recently established an office in Johannesburg. The workshop ‘Cloud Computing and the Changes to the Way we see Technology’ was presented by Patrick Coulbourne, VP Channels and Ecosystems and Hugh Muller, Director of Channels and Ecosystems, Africa. Patrick Coulbourne, who has more than 18 years’ experience in the technology space, told his audi...

8Oct

By The African Press OrganizationNo Comments

African News, Sierra Leone

The Parliament of Sierra Leone has ratified the award of offshore exploration blocks for ODYE Limited with partners, Chevron and Noble Energy

“The two exploration blocks, SL-08A and SL-08B, have been combined into one concession and are located between 75 and 110 miles (120 and 180 km) southwest of the capital of Freetown and cover a combined area of about 2,100 square miles (5,500 sq. km). (CNW Group/ODYE Limited)”. LONDON, Oct. 8, 2012 /PRNewswire via African Press Organization (APO)/ — ODYE Limited (“ODYE” or the “Company”) is pleased to announce that the Sierra Leone Government has awarded ODYE’s subsidiary, ODYE (SL) Limited, a participating interest in two offshore deepwater exploration blocks, SL 8A-10 and SL 8B-10, along with its partners, Chevron and Noble Energy. ODYE’s 100% owned subsidiary, ODYE (SL) Limited, has signed a petroleum license with Sierra Leone’s Minister of Finance on 21 Septembe...

8Oct

By The African Press OrganizationNo Comments

African News

Middle East and North Africa: Boosting support for women’s entrepreneurship will pay off in jobs and growth, says OECD

PARIS, France, October 8, 2012/African Press Organization (APO)/ – Governments in the Middle East and North Africa (MENA) should create urgently needed jobs for the 2.5 million people entering the labour market each year and improve their policies to encourage women’s entrepreneurship in order to reduce structural unemployment, says a new OECD report. Women in Business: Policies to Support Women’s Entrepreneurship Development in the MENA Region notes that while MENA governments have made progress over the past decade in closing the gender gap in education, more needs to be done to tackle gender inequality in business. Today, only 27% of women in the region join the labour force, compared to 51% in other low, middle and high-income economies, and only 11% are self-employed, against...

8Oct

By The African Press OrganizationNo Comments

African News

Officials to deliberate a business plan to implement the African Mining Vision

ADDIS ABABA, Ethiopia, October 8, 2012/African Press Organization (APO)/ – The joint partnership of the African Union Commission, the Economic Commission for Africa and the African Development Bank has hailed today’s meeting of the Bureau of the Second Conference of AU Ministers Responsible for Mineral Resources Development as “an important milestone in implementing the Africa Mining Vision.” Convened by the Ethiopian Minister of Mines, Sinkinesh Ejigu, in her capacity as Chair of the Bureau of Ministers responsible for Mines, the 8-9 meeting aims to discuss a Business Plan aimed at establishing the African Minerals Development Centre (AMDC), according to Stephen Karingi, Director, Regional Integration and Trade Division, ECA. “We are all only too aware that despite Africa’s rich ...

8Oct

By Africa BusinessNo Comments

African News

World Bank Launches New Fund to Help African Countries Negotiate Best-Possible Deals for their Oil, Gas, and Minerals

PARIS, October, 2012―With new discoveries of oil, gas, and other minerals generating a wave of significant mineral wealth in African countries, the World Bank today launched a new fund to help countries on the continent level the playing field and ensure equitable deals in their natural resource contracts with international companies. With Africa holding 15% of the world’s oil reserves, 40% of its gold, and about 80% of the platinum group of metals, natural resources represent important development opportunities for the continent. For example, oil production has been growing steadily in Africa, and is expected to continue to rise at an average rate of six percent per year for the foreseeable future. At the 40th Anniversary Meeting of the Zone Franc Monetary Union in Paris today, attended b...

24Aug

By Africa BusinessNo Comments

African News

MarketsandMarkets: World Sensors Market in Healthcare Applications is expected to reach $13.11 billion by 2017

DALLAS, August, 2012 /PRNewswire/ -- According to a new market research report "World Sensors Market in Healthcare Applications (2012-2017), Global Forecast & Analysis - Segmentation by Type of Sensor (Temperature, Pressure, Chemical, Flow, Level, Position, Image and Biosensors), Monitoring, Therapeutic, Diagnostic, Drug Discovery & Delivery Applications, Geographical & Country-wise Markets" published by MarketsandMarkets (http://www.marketsandmarkets.com), the total market is expected to reach $13.11 billion by 2017. Browse more than 147 market data tables & figures spread through 402 pages and in-depth TOC on "World Sensors Market in Healthcare Applications (2012-2017". http://www.marketsandmarkets.com/Market-Reports/sensors-market-healthcare-applications-372.h...

24Aug

By The African Press OrganizationNo Comments

African News, Kenya News

Catherine Ashton travels to Kenya to reiterate EU support to democracy, security and economic growth in the region

BRUSSELS, Kingdom of Belgium, August 24, 2012/African Press Organization (APO)/ – Catherine Ashton, EU High Representative for Foreign Affairs and Security Policy/Commission Vice President, is travelling to Nairobi where she is to meet Prime Minister Odinga, Minister of Foreign Affairs Ongeri, and other Kenyan leaders on 28 August. As Kenya is preparing for national elections in March 2013, the EU reiterates its support to the efforts of the Kenyan people to build democracy, security and prosperity in their country. Catherine Ashton regrets the loss of life in the conflict in south-eastern Kenya and appeals to the communities involved to cease violence and resort to peaceful means of conflict resolution. On 26 August, Catherine Ashton will also visit a vessel participating in the ...

22Aug

By Africa BusinessNo Comments

African News, Ghana News

PMI Gold Corporation Announces Significant Drilling Intersections at itsKubi South Prospect

Please download press-release (all figures, tables, contacts): PMI Significant drill results Kubi (Microsoft Word) Key Points: Diamond drilling intersects significant gold mineralization at the Kubi South Prospect, located 1.5km south of the Kubi Main DepositatPMI Gold’s Kubi Project within the Ashanti Gold Belt. The Kubi Project is located on the north-east trending Ashanti Shear Zonewhich hosts AngloGold Ashanti’s world-class Obuasi Gold Mine (pre-mined endowment of 60Moz) 15km to the north, and a series of cross-cutting east-northeast trending structures which coincide with Perseus Mining’s Edikan Gold Mine (6.6Moz) 12km to the south-west. A total of 12 diamond drill holes have been completed for 2,164.5m designed to follow up historical mineralized intercepts. All a...

21Aug

By Africa BusinessNo Comments

African News, South Africa News

New Fair Trade Shop Empowers South African Artisans

COLORADO SPRINGS, Colo., Aug. 21, 2012 /PRNewswire/ -- Paradigm Shift, a Colorado-based non-profit, recently launched an online shop. The Paradigm Shift Shop sells Fair Trade South African crafts handmade by microentrepreneurs who have participated in Paradigm Shift's holistic entrepreneurship training program. Around the globe millions work in sweatshop-like conditions, earning barely enough to feed their families. Unfortunately, many consumers are unaware of the exploitation that is often involved in the process of making their goods. Former U.S. president Benjamin Harrison once said, "I pity the man who wants a coat so cheap that the man or woman who produces the cloth will starve in the process." To counter the exploitation of workers around the world, a social movement has e...

21Aug

By Africa BusinessNo Comments

African News

Frost & Sullivan Recognizes Sonic Foundry for its Continued Dominance in the Lecture Capture Solutions Market

With its flagship platform, Mediasite, the company has sustained highest market share for past six years MOUNTAIN VIEW, Calif., Aug. 21, 2012 /PRNewswire/ -- Based on its recent analysis of the lecture capture solutions market, Frost & Sullivan recognizes Sonic Foundry with the 2012 Global Frost & Sullivan Award for Market Share Leadership. For six consecutive years, the company has remained the market share leader and continues to consistently enhance the features and functionality of its flagship solution, Mediasite. In 2011, the lecture capture market measured nearly $70 million in revenue. By 2016, Frost & Sullivan anticipates the total market to more than double, growing at a compound annual growth rate in excess of 20 percent. Heightened deployments are ...