Business Archives - Page 10 of 16

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...

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...

3Nov

By Africa BusinessNo Comments

Science

A*STAR’s Data Storage Institute Launches Next Generation 5mm Hybrid Hard Disk Drive

Singapore, Singapore, November 03, 2012 --(PR.com)-- The “A-Drive,” one of the world’s thinnest 5mm hybrid hard drive in a 2.5’’ form factor, was officially launched by Mr. S. Iswaran, Minister in the Prime Minister’s Office and Second Minister for Home Affairs and Trade & Industry, to commemorate the Data Storage Institute’s (DSI) 20 years of R&D in the area of data storage capabilities. The “A-Drive” represents the next generation of storage innovation providing capacities of up to 1 TB Hard Disk Drive (HDD) with 32 GB Solid State Drive (SSD). This potentially allows the “A-Drive” to store over 250,000 songs in its 5mm body. The “A-Drive” also addresses limitations of the popular, yet expensive, flash-based SSD, as well as the conventional HDD for the consumer and ...

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...

30Oct

By Africa BusinessNo Comments

African News

Standard Bank, Microsoft and Samsung partnership

Standard Bank South Africa, Samsung and Microsoft have partnered to give Standard Bank South Africa customers first option on Samsung's new Ativ tablets, running the brand new Microsoft Windows 8 operating system - prior to the availability of the device in the mainstream market. The announcement coincides with the worldwide launch of the highly anticipated Windows 8 operating system. Launches were held in New York and South Africa on 25 October. The Standard Bank banking app, launched earlier this year on Apple, Android and Blackberry platforms, is also South African's first banking app in the Windows 8 app store. Samsung's Windows Ativ tablets are ultra-slim, lightweight, long battery power devices, and will be available to only Standard Bank customers in South Africa fo...

26Oct

By Africa BusinessNo Comments

African News

Would Social Media lead to emotional blandness

(Cairo, Egypt, 24th of October 2012) Social media penetration in Egypt is a staggering 68.21% from total online population (Facebook focused). People spend more time browsing their friend's profiles than actually engaging in conversation or meeting with them face to face. As more and more time is spent in browsing the countless statuses updates shares and likes life becomes flat and with it flattens humanitarian feelings. Reflecting on personal experiences, news on Syria's massacres and the sad loss of 100's have become equal to news of new born and birthdays as the reaction on facebook for both negative and positive activities is "Like" and "Share". Let's study what is "like" and "Share", for a moment. In a not so distant time "like" used to express our agreement on an action. I...

18Oct

By Africa BusinessNo Comments

African News

“Military Energy, Fuels and Power Source Market to be Worth $43.05bn in 2012” Says Visiongain’s Report

Visiongain’s analysis indicates that the Military Energy, Fuels and Power Source market is set to be worth $43.05bn in 2012, as commodity price fluctuations and ongoing military operations combine to increase spending. London, United Kingdom, October 18, 2012 --(PR.com)-- The Visiongain author of the Military Energy, Fuels and Power Source report comments that: "Defence spending on fuel and energy is becoming an increasingly important factor at a stage when power is shifting towards a global system of competing antagonists. Concerns over energy security and the spectre of ‘peak oil’ will provide the background to one of the most pertinent markets in the defence industry today, while developing energy and fuel technologies will provide significant opportunities in the coming ye...

17Oct

By Africa BusinessNo Comments

African News

Frost & Sullivan: Datatec Shows Remarkable Resilience in the Face of Tough Global Conditions

By Samantha James CAPE TOWN – 17 October 2012 - Datatec posted a strong set of interim results as a diversified business profile enabled it to achieve solid growth against the backdrop of a continually weakening global environment. In the six-month period ending August 2012, Datatec managed to grow its overall revenues to $2.62 billion up from $2.44 billion in the 2011 corresponding period. The group's increased exposure to resilient, emerging markets was pivotal in offsetting a marked slowdown, particularly in developed markets. Whilst growth slowed down in all regions, particularly in the second quarter, Latin America was the exception, continuing on a solid growth trajectory. "Faced with strong headwinds in the form of difficult global operating conditions, Datatec has bee...

13Oct

By Africa BusinessNo Comments

Africa Travel, African News, Equatorial Guinea

Equatorial Guinea Tourism Portal Launched in NYC

New York, NY, October 13, 2012 --(PR.com)-- GC Media is the communications partner for Goree Challenge IV. “The facebook page is designed to bring the Spirit of Malabo to the world”, said Victor Mooney of US based South African Arts International (SAAI). The site will provide an opportunity for the public to see the cultural wonders and opportunities in this majestic country. Booking tours to Equatorial Guinea will be offered for individuals, schools, associations and business groups with a strategic itinerary to meet your objectives. In addition to offering bookings for tourism, businesses have a low cost opportunity to advertise their services on this portal. For U.S. passport holders, no visa is necessary. In celebration of the 44th Anniversary of the...

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...