development Archives - Page 9 of 11

22Jul

By AfricaBusiness.comNo Comments

Deskbags can help children gain their educational independence

by Madelain Roscher DeskBags - ShopSA (Microsoft Word) According to a recent report by UNESCO, there are as many as 95 million school children who do not have access to a school desk in Africa. In Southern Africa, the statistics are equally alarming, with over 4 million scholars requiring desks. This is a statistic that doesn’t sit well with Madelain Roscher, Managing Director of PR Worx.“Education is one of the most important elements in a child’s life and while many children are eager to learn, their lack of facilities can considerably hamper their educational development and they subsequently struggle to become positive contributing members of society.” Ideally, this issue could be solved by building more classrooms with relevant furniture, but...

22Jul

By The African Press OrganizationNo Comments

Energy, Gabon News, Green Energy

AfDB supports Gabon renewable energy sector with €57m loan

LIBREVILLE, Gabon, July 20, 2012/African Press Organization (APO)/ – The Board of Directors of the African Development Bank (AfDB) Group (http://www.afdb.org), through its private sector window, approved on 18 July 2012 in Tunis, a senior loan of €57.5 million to the Coder Hydropower Project for the design, construction and operation of two run-of-river hydro projects in Ngounie Province and North Gabon. The project consists of two run-of-river hydroelectric power plants, a 70 MW plant in the Ngounie Province and a 52MW plant in north Gabon. Logo: http://www.photos.apo-opa.com/plog-content/images/apo/logos/african-development-bank.jpg Despite a high electricity access rate of up to 83 percent, the Gabon electricity sector still faces frequent electricity shortages and blackou...

19Jul

By AfricaBusiness.comNo Comments

African News, South Africa News

AFDB gives ATI support

By Thandisizwe Mgudlwa More and more support is pouring in; in an attempt to beef up the attraction of investment into Africa. Recently the Board of Directors of the African Development Bank (AfDB) approved a USD15 million equity investment in the African Trade Insurance Agency (ATI) to increase its capital base. A statement reports that this contribution will allow ATI to increase its provision of trade, credit and political risk insurance products that encourage foreign direct investment and trade in Africa. Based in Nairobi, Kenya, ATI was founded in 2001, under an International Treaty by African Member States at the initiative of Common Market for Eastern and Southern Africa and with the technical and financial support of the World Bank. ATI has a mandate to incr...

19Jul

By AfricaBusiness.comNo Comments

African News

5bn Euros Spent on Fairtrade Products in 2011

5 Billion Euros Spent on Fairtrade Products in 2011: World’s Most Recognized Ethical Label on Solid Ground in Established Markets, Taking Off in New Ones Bonn, Germany, 17 July 2012. Women, men and children around the globe spent almost 5 billion euros (€4.9bn, US$6.6bn) on Fairtrade certified products last year, according to figures released today by Fairtrade International. “Fairtrade is the norm for millions of people. It is a part of the regular weekly shopping. And now sales of Fairtrade certified products are taking off in new countries, as entirely new groups of people discover Fairtrade for the first time,” said Tuulia Syvaenen, Executive Operations Officer at Fairtrade International. In Fairtrade’s biggest market, the UK, shoppers spent 12% more on Fairtrade certif...

17Jul

By Rebecca ChimjekaNo Comments

African News, Malawi News

Fight on Malaria rages in MALAWI

By Rabecca Chimjeka Fight on Malaria rages in Malawi (Microsoft Word) Malaria remains a threat and a major cause of deaths in Sub-Saharan Africa and Malawi in particular, confirms the country’s 2010 Demographic and Health Survey. Malawi government, through the Ministry of Health is implementing a five year called Indoor Residual Spraying (IRS) targeting communities in the country’s five lakeshore districts of Karonga,Nkhatabay, Nkhotakota,Salima,Mangochi and the two Lower Shire districts of Chikhwawa and Nsanje. According o the Doreen Ali of the Malaria Control Program in the Ministry of Health, the IRS drive that rolled out in 2007 is on track. She confirms that 77,647 structures have been sprayed out of 82,629 targeted translating into about 88 percent su...

17Jul

By AfricaBusiness.comNo Comments

African News, Botswana News, Equatorial Guinea

Equatorial Guinea Leads Africa In Per Capita Health Investment

Improvement of public health and health infrastructure is a national priority in Equatorial Guinea. MALABO, Equatorial Guinea, July, 2012 /PRNewswire-USNewswire/ -- Equatorial Guinea and Botswana lead Africa in per capita investments in health care, according to a World Health Organization (WHO) report, but the gap in spending between Africa and the rest of the world is still a concern. The statistics are from the WHO's 2012 Health Financing and Health MDGs (Millennium Development Goals) Scorecard and Africa's first Multi Year Health Financing Trends Analysis. The surveys show Equatorial Guinea's per capita annual spending at $612 and Botswana's at $442. The survey results were presented by Rotimi Sankore to the WHO's Joint Conference of Finance and Health Ministers, which met in Tunis Ju...

16Jul

By AfricaBusiness.comNo Comments

African News, Ethiopia News, Kenya News

World Bank Approves New Power Transmission Line between Ethiopia and Kenya to Boost Electricity and Economic Growth in East Africa

Washington, July 12, 2012 – The World Bank’s Board of Executive Directors today approved the Eastern Electricity Highway Project, which will connect Ethiopia’s electrical grid with Kenya’s, create power- sharing between the two countries, reduce energy costs, promote sustainable and renewable power generation, better protect the region’s environment, and pave the way for more dynamic regional cooperation between the countries of East Africa. The new project marks the first phase of a regional East Africa power integration program which is likely to cost US$1.3 billion at completion, eventually benefiting 212 million people living in five countries with a combined GDP of US$107 billion. Together with the Governments of Ethiopia and Kenya, the African Development Bank (AfDB), and ...

12Jul

By AfricaBusiness.comNo Comments

African News, Ghana News

Hon. Yaw Effah-Baafi to address Palm Oil Africa in September on Investment Opportunities in Palm Oil & Rubber Plantations in Ghana

With the changes in the global palm oil industry and growing demand, it is becoming increasingly necessary to look beyond the output from Asia. Palm Oil Africa organized by CMT will open on 05-06 September in Accra to explore and discuss palm oil plantation and investment opportunities in Africa. Accra, Africa (PRWEB) July 10, 2012 Palm Oil Africa on 05-06 September in Accra will see key ministry officials speaking on the investment opportunities in palm oil plantations in Africa. Hon. Yaw Effah-Baafi, Deputy Minister, Ministry of Food & Agriculture, Ghana, will grace the event with a keynote address on Investment Opportunities in Palm Oil & Rubber Plantations in Ghana. This is followed by another ministerial speech from Hon. Dr. Florence Chenoweth, Minister, Ministry of Agricultur...

10Jul

By AfricaBusiness.comNo Comments

African News

Frost & Sullivan: Heavy-Duty Truck Market on the Verge of Increasing Dedicated Global Production Platforms

Nearly one in three trucks manufactured by 2018 to feature platform based lineage MOUNTAIN VIEW, Calif., July 10, 2012 /PRNewswire/ -- After less than 10 years, since Western original equipment manufacturers (OEMs) started entering Brazil, Russia, India and China (BRIC) markets with serious intent, the very face and structure of the global heavy-duty truck market has changed. Markets considered an afterthought a few decades ago are now dictating the course of global commercial vehicle demand and the growth of the industry. Seismic changes shaping the global commercial vehicle industry have truly flattened the world, where OEMs from both triad (United States, European Union and Japan) and non-triad markets are aggressively competing for sustainable and robust growth. As they begin developin...

10Jul

By AfricaBusiness.comNo Comments

Africa Travel, African News, Tanzania News

Four Seasons Sets Up Camp in Tanzania’s Serengeti National Park; Lodge is First of Three Launching Brand’s Sub-Saharan Expansion

Existing property to be renamed Four Seasons Safari Lodge Serengeti, Tanzania; additional new properties planned in Ngorongoro Conservation Area and on the island of Zanzibar TORONTO, July 10, 2012 /PRNewswire-USNewswire/ -- Four Seasons Hotels and Resorts has signed a long term management agreement with the owners of Bilila Lodge, a resort in the Serengeti National Park, and is now operating the property, which will be upgraded and renamed Four Seasons Safari Lodge Serengeti, Tanzania in fall 2012. "We have long wanted to expand into Sub-Saharan Africa and offer new outdoor adventure experiences to our guests," says Kathleen Taylor, president and CEO, Four Seasons Hotels and Resorts. "Now, we're thrilled to have an outstanding location and partners who share our vision to create a wo...