Brazil Archives - AfricaBusiness.com

6Nov

By Africa BusinessNo Comments

African News

International business must reach out to the global masses

By Thandisizwe Mgudlwa An initiative aimed at mobilizing the Global business community to achieve sustainable prosperity must be taken seriously. A document released from Washington, D.C reveals that transnational corporations are now so numerous and in some cases so well capitalized that their global influence now rivals and in many cases exceeds that of governments, according to research published by the Worldwatch Institute. And that around 80,000 transnational corporations (TNCs) operate worldwide, a mere 147 of which control 40 percent of the total value of all these corporations' value. Any vision of a sustainable future must include full recognition of the role that TNCs play in shaping the planet's human and ecological destiny, authors argue in Institute's Stat...

5Nov

By Africa BusinessNo Comments

African News

Luanda: Italian firms at Construction Fair

LUANDA, Angola, November 5, 2012/African Press Organization (APO)/ — A total of twenty Italian firms successfully participated in the 10th edition of the Projekta International Construction, Urban Planning and Architecture Fair held in Luanda Angola. The fair provided the perfect stage for an infrastructure and civil engineering sector that has undergone rapid growth over the past decade. The Italian firms joined 380 other firms not only from Angola but also from Portugal, South Africa, Brazil and Turkey. SOURCE Italy – Ministry of Foreign Affairs

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...

3Nov

By Africa BusinessNo Comments

Rwanda News

Africa: Regional integration can boost FDI, experts at AEC say

KIGALI, Rwanda, November, 2012/African Press Organization (APO)/ – Experts at the ongoing African Economic Conference in Kigali today agreed that Africa would need to strengthen regional integration in order to boost increased Foreign Direct Investment (FDI) on the continent, because it creates larger domestic markets and stimulates trade, two elements that can attract FDI. “At a time when China, India, Brazil and other large emerging markets are taking on such a prominence in the global economy, we must surely focus the minds of African policymakers, particularly from smaller, landlocked countries, on the importance of pushing forward the regional integration agenda”, said Andrew Mold, a senior Economic Affairs Officer of ECA. Mold said that attracting FDI in Africa c...

15Oct

By Africa BusinessNo Comments

African News, South Africa News

BRICS Countries: Delayed Reforms are Jeopardising Positive Development

BERLIN and RIO DE JANEIRO, October 15, 2012 /PRNewswire/ -- Growth alone will not resolve problems if emerging markets do not change at the same time Contrary to the forecasts of success in recent years, the 'BRICS' (Brazil, Russia, India, China and South Africa) are greatly in need of reform in key political areas. At the same time, their political systems often lack the capacity to reform, which is jeopardising future growth potential. A large-scale international comparative study by the German Bertelsmann Stiftung also comes to the same conclusion. The urgency of the problem and the capacities for reform vary significantly between the five countries. By comparison, Brazil has the most promising future prospects. Here, major reforms, for example in the fight against poverty a...