global Archives - Page 8 of 11 - AfricaBusiness.com

21Aug

By Africa BusinessNo Comments

African News

Frost & Sullivan Recognizes Sonic Foundry for its Continued Dominance in the Lecture Capture Solutions Market

With its flagship platform, Mediasite, the company has sustained highest market share for past six years MOUNTAIN VIEW, Calif., Aug. 21, 2012 /PRNewswire/ -- Based on its recent analysis of the lecture capture solutions market, Frost & Sullivan recognizes Sonic Foundry with the 2012 Global Frost & Sullivan Award for Market Share Leadership. For six consecutive years, the company has remained the market share leader and continues to consistently enhance the features and functionality of its flagship solution, Mediasite. In 2011, the lecture capture market measured nearly $70 million in revenue. By 2016, Frost & Sullivan anticipates the total market to more than double, growing at a compound annual growth rate in excess of 20 percent. Heightened deployments are ...

26Jul

By Africa BusinessNo Comments

African News

Business in Africa is booming. But are the commercial laws strong enough to sustain long-term growth ?

An authoritative introduction to the commercial laws being instituted in West and Central Africa through the OHADA harmonization process is published in London this week. Source: IEDP Unified Business Laws for Africa: Common Law Perspectives on OHADA is now available from IEDP. (PRWEB UK) 20 July 2012 The World Bank has just approved an International Development Association (IDA)* US$15 million technical assistance grant to strengthen OHADA's institutional capacity to support, in its member countries, selected aspects of investment climate reforms, including improved corporate financial reporting. President Kabila of the Democratic Republic of Congo has just signed the instruments of ratification of the OHADA treaty and OHADA will become the applicable law in DRC on Sept ...

26Jul

By Africa BusinessNo Comments

Regionalism

by Chikomborero Dengu (chikodengu @ gmail.com) Regionalism (Microsoft Word) Introduction There is an increasing recognition for the need to improve the political and economic environment of a country or region via collective action . This recognition is borne out of the realisation that countries or indeed regions are competing with themselves for scarce resources . This essay intends to dissect the concept of new regionalism and whilst briefly looking at how it has evolved . With reference to the last point this paper will attempt to link the concept of new regionalism to the recent surge in Regional Trade Agreements (RTA).[1] The crux of this essay however lay in establishing the reasons for increases in RTA’s , that is to say both economic and political positives of jo...

26Jul

By Africa BusinessNo Comments

Kenya News, Malawi News, Science, Tanzania News

New CDC studies point to better practices in timing, testing, and retention of patients in HIV anti-retroviral drug treatment (ART) in Africa

ATLANTA, July 24, 2012 /PRNewswire-USNewswire/ -- New collaborative studies being presented by the Centers for Disease Control and Prevention (CDC) at the XIX International AIDS Conference confirm early treatment of HIV patients results in better outcomes, suggest use of viral load testing to detect treatment failure, and highlight factors associated with low rate of ART enrollment. CDC plays an essential role in implementing the U.S. President's Emergency Plan for AIDS Relief (PEPFAR) through its scientific and technical expertise, and long-standing partnerships with Ministries of Health and other key global partners such as the World Health Organization. Presentations at the conference reflect CDC's commitment to fighting global HIV/AIDS and to achieving President Obama and Sec...

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...

23Jul

By Africa BusinessNo Comments

African News

Confirmation.com Uncovers $200 Million Peregrine Financial Group Fraud

Commodity Futures Regulator Moves to Mandate Use of Service for All Regulated Brokerages BRENTWOOD, Tenn., July 23, 2012 /PRNewswire/ -- Within 24 hours of a regulatory mandate to use electronic confirmation service Confirmation.com, here, PFGBest, a commodity brokerage unit of Peregrine Financial Group, Inc., was exposed as a multi-year $215 million fraud. "PFGBest is a sadly common example of how easily bank and account information can be falsified to evade detection of accounting frauds," said Brian Fox, founder and chief marketing officer of Confirmation.com. "CEO Russell Wasendorf resisted using our service for months, presumably because he knew that as soon as electronic confirmation went into effect, he would be exposed. We have seen this pattern several times since lau...

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

African News

Groot Group and Partners to Develop Africa’s Largest Glass Manufacturing Plant in Tses, Namibia

Tses Glass is expected to become the largest dynamic glass manufacturing factory in Africa focused on producing industry leading glass products with the type of float glass, hollow glass, glass wool and fiber, cast glass, and ultrathin glass for the construction of residential and commercial buildings as well as for automobiles, kitchenware, bottles, touch screen computing, and smart phones devices for the markets around the world. Windhoek, Namibia, July, 2012 --(PR.com)-- Groot Group, SDS Group, Nissi, and the Tses Community are joining forces on an equal shareholding value to form a joint venture, namely; Tses Glass (Pty) Ltd, for the development of the Tses Glass Manufacturing Plant (Tses Glass) in Tses, Southern Namibia. Tses Glass is expected to become the largest dynamic glass manuf...

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 ...