announced Archives - Page 3 of 5

5Nov

By Africa BusinessNo Comments

African News

PanAtlantic Exploration Company Adopts Paradigm’s Subsurface Software Suite for International Deepwater Exploration and Production Projects

Paradigm solutions to improve cycle times and enhance subsurface reliability. [05-November-2012] LAS VEGAS, Nov. 5, 2012 /PRNewswire/ — Paradigm™ (www.pdgm.com) announced today that PanAtlantic Exploration Company has adopted Paradigm geophysical and petrophysical applications for all of its exploration and production work in the deepwater environments of Brazil and Africa. PanAtlantic will use the Paradigm solutions for every step in the upstream workflow, from seismic processing and imaging through interpretation and modeling, reservoir characterization, reservoir engineering, and well planning and drilling engineering. The announcement was made at the 2012 SEG International Exposition and 82nd Annual Meeting, Las Vegas. (Logo: http://photos.prnewswire.co...

5Nov

By Africa BusinessNo Comments

African News

ICANN to expand in Africa

By Thandisizwe Mgudlwa An initiative aimed at increasing ICANN’s presence and participation across Africa was recently unveiled. It was also announced that the plan has received enthusiastic support of the CEO and Board Chair. News coming from Toronto, Canada say that leaders of Africa’s Internet community have also unveiled a comprehensive plan designed to dramatically increase African involvement in ICANN’s multi-stakeholder model. The initiative was presented to ICANN during the organization’s 45th public meeting in Toronto, Canada by the Africa Strategy Working Group (ASWG). It was formed after ICANN’s new President and Chief Executive Officer, Fadi Chehadé encouraged a stronger voice from the African continent in ICANN’s multi-stakeholder model. “When we met th...

5Nov

By Africa BusinessNo Comments

Energy, Green Energy

Qatar breaks ground on solar stadium

The tender for the first solar-powered World Cup 2022 stadium has been issued and the winners will be announced in November or December, the Qatar 2022 Supreme Committee has said. Construction should follow soon thereafter and if all goes according to plan, Al Wakrah stadium will be complete as soon as 2015. “The stadium will be developed in conjunction with Qatar Foundation at Education City,” and an additional five of the 12 planned stadia are in either planning or tender stages. Qatar is taking their world cup planning very seriously, as they hope to create a cultural, economic and social legacy, although this will depend a great deal on how well they treat their foreign workers during the process. “Our aim is to ensure that the event contributes to achieving the targets set...

3Nov

By Africa BusinessNo Comments

African News

Airtel Nigeria appoints Segun Ogunsanya as Chief Executive Officer

Segun Ogunsanya will be responsible for defining and delivering the business strategy and providing overall leadership for Airtel Nigeria LAGOS, Nigeria, November, 2012/African Press Organization (APO)/ – Bharti Airtel (http://www.airtel.com), a leading global telecommunications services provider with operations in 20 countries across Asia and Africa, today announced the appointment of Segun Ogunsanya as the Chief Executive Officer of Airtel Networks Ltd, Nigeria (“Airtel Nigeria”). Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/airtel.jpg Mr. Ogunsanya, who will be responsible for defining and delivering the business strategy and providing overall leadership for Airtel Nigeria, will report to Manoj Kohli, CEO (International) and Joint MD, Bharti A...

31Oct

By Africa BusinessNo Comments

African News

Bunna International Bank Partners With Finacle From Infosys for Banking Transformation

ADDIS ABABA, Ethiopia and BANGALORE, India, November 1, 2012/PRNewswire-FirstCall via African Press Organization (APO)/ — New Core Banking Solution to Improve Customer Service and Operational Efficiency Bunna International Bank, a leading player in the Ethiopian market, today announced the selection of Finacle[TM] core banking solution [http://www.infosys.com/finacle ] from Infosys for its transformation journey. Finacle will enable the bank to integrate its front and back office operations and deploy a state-of-the-art loan origination system. This will include automating the credit check and loan approval processes for risk-free and efficient loan disbursals. This transformation will help Bunna improve the overall banking experience for its customers. Finacle will also comp...

13Oct

By Africa BusinessNo Comments

African News, Nigeria News

LAGbook Founders Set to Launch Online Game Development Company Naija Arts in 2013

Chidi and Chika Nwaogu, founders of Africa's largest social networking website LAGbook are set to launch their online game development company Naija Arts as LAGbook hits the 1,000,000 member-mark in 2013. Lagos, Nigeria, October 13, 2012 --(PR.com)-- Founders of prominent African social networking website, Ladies And Gentlemen book, popularly known as LAGbook, today announced they'll be launching Naija Arts, an online game development company after LAGbook hits the 1,000,000 member-mark in 2013. Naija Arts will be founded with LAGbook's Chief Financial Officer, Josh Osemwegie, and will focus on online game contents (HTML5) that will made available on the LAGbook social discovery platform, and the Naija Arts website using the HTML iframe technology. "W...

11Oct

By Africa BusinessNo Comments

African News

Altai Technologies Connects One of the Largest Townships in South Africa with Super WiFi Solution

HONG KONG, Oct. 11, 2012 /PRNewswire/ -- Altai Technologies Limited today announced that a leading wireless internet service provider in South Africa, e-Mbizo, has selected Altai Super WiFi Solutions to provide wireless connectivity in Tembisa, one of the largest townships in South Africa. In Tembisa, e-Mbizo has deployed Altai A8 Super WiFi Stations to provide large area outdoor WiFi coverage as well as C1 Super WiFi CPE's to provide indoor coverage and extend the outdoor coverage. In addition, it has deployed Altai A2 for backhaul links across the town. The wireless network covers the major areas of Tembisa to provide high speed and affordable WiFi connectivity across the district. Mr. Thabo Malebadi, Group CEO of e-Mbizo said, "After a lengthy and in-depth research of numero...

11Oct

By Africa BusinessNo Comments

African News

Investors Applaud Hershey’s Vow To Source 100% Certified Cocoa By 2020

Move to certify entire product line seen as significant step to eradicate trafficking and forced child labor on cocoa farms and plantations NEW YORK, Oct. 11, 2012 /PRNewswire-USNewswire/ -- Today, the Interfaith Center on Corporate Responsibility, a shareholder coalition that engages companies on labor and human rights standards in global supply chains, commends the Hershey Company for its commitment to certify all its cocoa by a third party by 2020. With a 43% share of the U.S. chocolate market, the investors view Hershey's decision as an important advancement that is certain to influence the industry and result in more sustainable cocoa farming and production. Said Chris Meyer of Praxis Mutual Funds and co-convener of the Hershey dialogue, "Seventy percent of the worl...

10Oct

By Africa BusinessNo Comments

African News

eMarketing Egypt Releases Its Third Annual Report About Facebook in Egypt: E-Marketing Insights

"Facebook evolved to be of extreme importance for any digital marketing efforts, and understanding all about Facebook users becomes an essential step to start any Facebook marketing activity," said Ahmad Nagy; eMarketing Egypt Managing Director. Cairo, Egypt, October, 2012 --(PR.com)-- www.emarketing-egypt.comeMarketing Egypt announced the third report in its annual series of reports about Facebook in Egypt: Facebook in Egypt... e-Marketing Insights. "Facebook evolved to be of extreme importance for any digital marketing efforts, and understanding all about Facebook users becomes an essential step to start any Facebook marketing activity," said Ahmad Nagy; eMarketing Egypt Managing Director. “For the third year in row we try to provide marketers with a crystal view of Facebook in...

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 ...