from Archives - Page 14 of 19 - AfricaBusiness.com

26Jul

By marcus brewsterNo Comments

African News

CNBC AFRICA LAUNCHES ITS NEW BUREAU IN ZAMBIA

CNBC AFRICA, opened its eighth African bureau in Zambia as it continues to widen its African reporting footprint. The bureau, a joint venture with Zambia's national broadcaster, ZNBC, will be based in the Zambian capital, Lusaka and opened for business on the 25th of July 2012. It's the channel's second bureau this year following Mozambique where, the company also teamed up with the local national broadcaster, TVM. The other bureaus are in South Africa, Nigeria, Kenya and Gabon. "The new bureau is continuing testimony to our vision to provide comprehensive coverage of Africa's growing markets. Zambia is one of the new groups of African economies expanding at more than 7% per anum whose story remains largely untold outside its borders," said Godfrey Mutizwa, CNBC Africa Chief Editor. ...

25Jul

By The African Press OrganizationNo Comments

African News

IBM To Boost Technical Skills In Mauritius

New programs to help develop technical talent in the Indian Ocean Island Region PORT LOUIS, Mauritius, July 25, 2012 /PRNewswire/ — IBM (NYSE:IBM) today announced a collaboration agreement with the University of Mauritius to help meet the demand for Computer Science skills in the Indian Ocean island region. The joint academic initiative will provide technology and training resources while boosting support for computer science professionals at the University. In tandem, IBM also launched a Mauritian technical skills training pilot initiative for IT specialists, which will be rolled out to nine other African countries. (Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO) As part of the agreement with the University of Mauritius, IBM will provide access to the latest open...

24Jul

By Louis BararmnaNo Comments

African News, Togo News

Togo / Tourism: bar restaurant “Manchester United” opened

The tourism landscape Togo recorded a newborn. This is the bar-restaurant "Manchester United" opened on July 15 in Lome in an environment well maintained by comedians and actors Togo renowned. Various personalities first and foremost the Togolese Minister of Social Action and National Solidarity Mémounatou Ibrahima, responded overwhelmingly to the invitation of the management of this jewel where the initiative comes from members of the Association of Young Farmers Modern (AJAM). By investing in this way in the tourism sector of Togo, the initiators of the bar restaurant 'Manchester United' agree to join forces and bring their stones in the development process in which Togo is firmly committed under the leadership of the Head of State of Togo Faure Gnassingbe Essozimna. '' This is also f...

23Jul

By Africa BusinessNo Comments

African News

KEMET Highlighted in GAO Report on Conflict Minerals

GREENVILLE, S.C., July 23, 2012 /PRNewswire/ -- KEMET Corporation (NYSE: KEM), a leading manufacturer of tantalum, ceramic, aluminum, film, paper and electrolytic capacitors, today announced that it is positively cited in the U.S. Government Accountability Office (GAO) report Conflict Mineral Disclosure Rule: SEC's Actions and Stakeholder-Developed Initiatives (GAO-12-763). This report highlights KEMET's "Making Africa Work" initiative of establishing a "closed-pipe" supply chain for responsible sourcing of tantalum from Katanga Province in the Democratic Republic of Congo (DRC). (Photo: http://photos.prnewswire.com/prnh/20120723/CL44445 ) "Addressing both the social and economic health of the local mining communities in the DRC is a critical step in resolving its l...

23Jul

By Africa BusinessNo Comments

Science

New Study Finds Greatly Elevated HIV Infection Rates Among Young Black Gay and Bisexual Men in the U.S.

RESEARCH TRIANGLE PARK, N.C., July 23, 2012 /PRNewswire-USNewswire/ -- Study results released today by the HIV Prevention Trials Network (HPTN) show disturbing rates of new HIV infections occurring among black gay and bisexual men in the U.S. (also known as men who have sex with men, or MSM), particularly young black MSM. The HPTN 061 study showed that the overall rate of new HIV infection among black MSM in this study was 2.8% per year, a rate that is nearly 50% higher than in white MSM in the U.S. Even more alarming, HPTN 061 found that young black MSM—those 30 years of age and younger—acquired HIV infection at a rate of 5.9% per year, three times the rate among U.S. white MSM. The overall infection rate among black MSM in this U.S study is comparable to the rate seen in the gen...

23Jul

By Africa BusinessNo Comments

African News, Nigeria News

Kola Aluko Hails $4.5 Billion Deal for New Refineries

LONDON, July 23, 2012 /PRNewswire/ -- The Nigerian government has signed a Memorandum of Understanding with US firm Vulcan Petroleum Resources and Nigeria's Petroleum Refining and Strategic Reserve to build six new oil refineries in a deal worth $4.5 billion. Two of the plants, each of which will have a capacity of 30,000 barrels per day, are set to be operational within a year. Nigeria - Africa's top oil producer - has been held back by its lack of refining capacity, which has made it a net importer of processed crude and subject to global price fluctuations. Until recently, a generous fuel subsidy protected consumers from high import prices. Though not yet lifted entirely, six months ago President Goodluck Jonathan announced that this support was no longer affordable. Fund...

22Jul

By AfricaBusiness.comNo Comments

Science

75% of People Have Received an Email or Had Information Sent to Them by Mistake Says Independent Data and Information Security Survey

SC Magazine’s latest survey produced in partnership with Egress Software Technologies raises major concerns about how organisations are sharing sensitive information. London, United Kingdom, July 19, 2012 --(PR.com)-- A recent survey carried out by SC Magazine and Egress Software Technologies designed to look at the challenges surrounding the security used by organisations to share sensitive information with third parties has uncovered some startling results. At a time when fines from the Information Commissioners Office (ICO) for data breaches are on the increase (http://www.ico.gov.uk/news/latest_news/2012.aspx), the correct systems simply aren't in place to ensure security standards are met. The survey showed that; 94.5% of those surveyed thought that data security system...

22Jul

By AfricaBusiness.comNo Comments

African News, Algeria News, Egypt News, Ethiopia News, Mauritius News, Nigeria News, South Africa News, Zambia News

Africa to gear up for more meaningful engagement with China

The partnership with China should aim to boost Africa's overall capacity, competitiveness and trade in a way that supports African development. African nations must use the Forum on China-Africa Cooperation to complement the continent's regional institutions and policy agenda. This is according to a report by Standard Bank Group economists Jeremy Stevens and Simon Freemantle ahead of the fifth Forum on China-Africa Cooperation (FOCAC) in Beijing, China, that starts on 19 July 2012. Jeremy Stevens, Standard Bank Group's Beijing-based economist, says that the summit comes at a time when China is distracted by domestic economic challenges and political matters. Meanwhile Africa is now even more reliant on China, in particular Chinese demand for African commodity exports, but even ...

22Jul

By The African Press OrganizationNo Comments

African News

IN CHINA, AFRICA, UNITED NATIONS WILL CONNECT THOSE WHO FACE CHALLENGES WITH THOSE WHO HAVE SOLUTIONS, SECRETARY-GENERAL SAYS AT BEIJING FORUM

NEW YORK, July 20, 2012/African Press Organization (APO)/ — Following are UN Secretary-General Ban Ki-moon’s remarks to the Fifth Ministerial Conference of the Forum on China-Africa Cooperation, in Beijing, 19 July: It is a great honour for me to participate on behalf of the United Nations at this important Forum on China-Africa cooperation. I thank the Government of China and the people for their kind invitation and warm hospitality. I commend the leadership of President Hu Jintao in organizing this forum at this very important time in Beijing. I also thank the Government of Egypt for their contribution and leadership and for co-chairing this Forum during the last several years. As the largest developing country, and as the region with the largest number of developing countrie...

22Jul

By AfricaBusiness.comNo Comments

African News, South Africa News

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...