from Archives - Page 12 of 19 - AfricaBusiness.com

10Oct

By Africa BusinessNo Comments

Energy, Green Energy

Hyundai goes big at GulfSol 2013

Hyundai Heavy Industries has confirmed a major presence at GulfSol 2013 (3-5 September 2013, Dubai World Trade Centre), with the reservation of a prime-located 100 sq metre exhibition stand. The Korean solar giant has always been a key mover in emerging markets, and this sizeable booking sends out a clear message of intent to its competitors that it is making a major focus on the MENA region in the coming years, and wants to ensure it has first-mover advantage. “Even though there are 12 months to go, the demand for space has been fantastic” says Nick Thomson, Exhibition Director, GulfSol 2013, “and this move by Hyundai sends out a clear message to all those still contemplating the size and location of their stand at the show to book in early whilst there is space still available a...

10Oct

By Africa BusinessNo Comments

Summit aims to encourage enterprises and governments to be tech intensive and ICT empowered

Enterprises and governments to be tech intensive and ICT empowered (Microsoft Word) The anticipated annual IT Leaders West Africa Summit will take place from 28 to 29 November 2012 in the heart of Ghana’s esteemed capital city, Accra. The summit is produced by international business-to-business conferencing company, Kinetic Events; key strategic information providers to the IT and telecoms sector within Africa. South Africa, Republic of, Oct, 2012 – Globally, information and communication technology (ICT) has proven to be a driving force and an enabler for socio-economic development. In order to facilitate successful ICT policies and strategically plan for further development in West Africa, enterprises and governments are now being encouraged to fully understand and implement s...

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

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...

8Oct

By Africa BusinessNo Comments

African News

Despite Global Slowdown, African Economies Growing Strongly― New Oil, Gas, and Mineral Wealth an Opportunity for Inclusive Development

WASHINGTON, October, 2012 – Sub-Saharan Africa is expected to grow at 4.8 percent in 2012, broadly unchanged from the 4.9 percent growth rate in 2011 and largely on track despite setbacks in the global economy, according to the World Bank’s new Africa’s Pulse, a twice-yearly analysis of the issues shaping Africa’s economic prospects. Excluding South Africa, the continent’s largest economy, growth in Sub-Saharan Africa is forecast to rise to 6 percent. African exports rebounded notably in the first quarter of 2012, growing at an annual pace of 32 percent, up from the -11 percent pace recorded in the last quarter of 2011. African countries have not been immune to the recent bout of market volatility stemming from the Euro Area crisis, as well as the growth slowdown that is occurring in some ...

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...

22Aug

By Africa BusinessNo Comments

African News

Advertising code now applicable to Facebook

By Sarann Buckby Phatic Communications +27 83 381 0710 If you have a social media profile for your brand, such as a Facebook page or Twitter profile, buckle up because a landmark ruling by the Advertising Standards Board in Australia is likely to affect your online business marketing soon. The Advertising Standards Board in Australia received a complaint that the content on the official Smirnoff (Diaego) Facebook page breached the Australian Association of National Advertisers' Code of Ethics. The complaints concerned content submitted by both Smirnoff and its' community. In consideration of the complaint the board concluded that "the Facebook site of an advertiser is a marketing communication tool over which the advertiser has a reasonable degree of control and could be c...

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...

22Aug

By Africa BusinessNo Comments

African News, Kenya News

Tom Juma, Head of Service Delivery and ICT of Old Mutual Kenya is to attend and speak at the Cloud East Africa Summit

Tom Juma, Head of Service Delivery and ICT of Old Mutual Kenya (Microsoft Word) The Cloud Summit East Africa Summit, proudly supported by the Kenya ICT Board and KITOS, will be held in Nairobi on 7 September 2012. The strategic industry event is hosted by international business-to-business conferencing company, Kinetic Events. The summit is proudly endorsed by the Eastern Africa Chambers of Commerce (EAECC). Kinetic Events has announced that international guest speaker, Tom Juma, Head of Service Delivery and ICT of Old Mutual Kenya is to attend and speak at the Cloud East Africa Summit. Tom Juma is a seasoned IT professional who has worked in various banking in Kenya and currently is the Head of Service Delivery and ICT at Old Mutual Kenya. A Holder of Master and Bachelor’...