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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

Middle East and North Africa: Boosting support for women’s entrepreneurship will pay off in jobs and growth, says OECD

PARIS, France, October 8, 2012/African Press Organization (APO)/ – Governments in the Middle East and North Africa (MENA) should create urgently needed jobs for the 2.5 million people entering the labour market each year and improve their policies to encourage women’s entrepreneurship in order to reduce structural unemployment, says a new OECD report. Women in Business: Policies to Support Women’s Entrepreneurship Development in the MENA Region notes that while MENA governments have made progress over the past decade in closing the gender gap in education, more needs to be done to tackle gender inequality in business. Today, only 27% of women in the region join the labour force, compared to 51% in other low, middle and high-income economies, and only 11% are self-employed, against...

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...

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...

26Jul

By Africa BusinessNo Comments

Science, South Africa News

Life Technologies and SATuRN Collaborate to Increase Access to HIV Testing in Africa

CARLSBAD, Calif., July 24, 2012 /PRNewswire/ -- Life Technologies Corporation (NASDAQ: LIFE ) today announced a collaboration with the Southern African Treatment and Resistance Network (SATuRN – http://www.bioafrica.net/saturn) on sequencing-based diagnostics for HIV-infected individuals in Africa. Antiretroviral (ARV) drugs are becoming increasingly available in the developing world, due to facilitation by both governmental and non-governmental organizations, as well as reductions in price and international trade restrictions by pharmaceutical companies. Resistance to these drugs develops in many HIV-infected individuals, however, and resistance is therefore coming to the forefront of the global health agenda. Resistance can be monitored by genetic sequencing of two viral gen...

26Jul

By Africa BusinessNo Comments

Science

Element Six Synthetic Diamond Protects CERN Particle Detectors in Recently Announced Higgs boson Experiment Results

CERN (European Organization for Nuclear Research) particle detection systems use Element Six synthetic diamond in their first line of defence against beam-induced radiation damage in their recently announced Higgs boson experiment results. LONDON, July 24, 2012 /PRNewswire/ -- Element Six, the world leader in synthetic diamond supermaterials, is proud to announce that its highest purity synthetic diamond is an integral part of the CERN LHC (Large Hadron Collider) CMS (Compact Muon Solenoid) and ATLAS Beam Condition Monitoring Systems, used in the recent experiments which revealed the discovery of a new particle consistent with Higgs boson. This follows Element Six's announcement earlier this year regarding the construction of a $30M Global Innovation Centre in the UK, to...

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...

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...

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 ...