Group Archives - AfricaBusiness.com

22Apr

By Africa BusinessNo Comments

Africa Travel, African News, Nigeria News

Carlson Rezidor announces the Radisson Blu Hotel, Port Harcourt, Nigeria

The Carlson Rezidor Hotel Group – born in early 2012 – is one of the world’s largest and most dynamic hotel groups. The portfolio of the Carlson Rezidor Hotel Group includes more than 1,300 hotels, a global footprint spanning 80 countries, a powerful set of global brands (Radisson Blu, Radisson®, Country Inns & Suites by CarlsonSM, Park Inn by Radisson, Hotel Missoni and Park Plaza®). In most of the group’s hotels, guests can benefit from the loyalty program Club Carlson, one of the most rewarding loyalty programs in the world. The Carlson Rezidor Hotel Group and its brands employ more than 80,000 people. The Carlson Rezidor Hotel Group is headquartered in Minneapolis, USA, and Brussels, Belgium. http://www.carlsonrezidor.com; http://www.rezidor.com The Carlson Rezidor H...

16Mar

By Africa BusinessNo Comments

South Africa News

Konecranes presents the world’s first hybrid reach stacker

Konecranes is a world-leading group of Lifting Businesses™ offering lifting equipment and services that improve productivity in a wide variety of industries. The company is listed on NASDAQ OMX Helsinki Ltd (symbol: KCR1V). With over 12,000 employees at more than 600 locations in almost 50 countries we have the resources, technology and determination to deliver on the promise of Lifting Businesses™. Konecranes is proud to announce the introduction of the world’s first hybrid reach stacker - the SMV 4531 TB5 HLT for container handling, with a lifting capacity of 45 tons. It features a hybrid diesel/electric driveline, electrified hydraulic lifting system, and a super capacitor based energy storage. This innovative lift truck will cut fuel consumption and emissions w...

20Dec

By Africa BusinessNo Comments

Energy, Green Energy, South Africa News

AE-AMD Renewable Energy And Tenesol/SunPower Begin Work On Two Solar Projects In South Africa

Projects are Part of Government's IPP Procurement Program JOHANNESBURG and SAN JOSE, Calif., Dec. 20, 2012 /PRNewswire/ -- AE-AMD Renewable Energy, a joint venture between the Spanish AMDA energia and the South African Alt-E Technologies, and Tenesol, a SunPower company (NASDAQ: SPWR), today announced two South African ground-mounted solar power projects totaling 33 megawatts (MW). Both projects, which Tenesol will construct, are located near Douglas, South Africa in the Northern Cape Province. Herbert, a 22-MW project, has begun construction, and groundbreaking for the 11-MW Greefspan project will begin in the coming weeks. They are both part of the South African government's Independent Power Producers Procurement Program and completion for both projects i...

13Dec

By Africa BusinessNo Comments

African News, Energy, Green Energy, South Africa News

How will South African industry deal with tariff hikes and carbon taxes?

African Utility Week to assist Large Power Users to face energy obstacles The proverbial axe is falling on ‘business as usual` as every industry in South Africa, from mining to manufacturing to retail, is cringing at the thought of rising energy tariffs and the impending implementation of a carbon tax. Stemming the tide of rising tariffs On the receiving end of tariff hikes, industry is dealing with three significant elements, namely the cost of electricity, uncertainty around sufficient electricity supply and carbon emission management. According to Shaun Nel, Project Director & Advisor, Energy Intensive Users Group of Southern Africa (EIUG), “the current request by Eskom to raise electricity prices by 16% per annum over 5 years will have a significantly negative ...

13Dec

By Africa BusinessNo Comments

African News, South Africa News

African Banking innovation sees AfDB approving multi-currency line of credit of USD 300m

By Thandisizwe Mgudlwa The African Development Bank has extended the equivalent of USD 300 million to FirstRand Bank Limited to support projects across Africa This week an announcement from Tunis, Tunisia, revealed that the African Development Bank has approved a seven-year multi-currency line of credit for an amount equivalent to USD 300 million to FirstRand Bank Limited (FRB) of South Africa to finance a wide range of projects in local currencies and across Africa. And most African countries are characterized by low discretionary rates of domestic savings. As a result, the intermediation capacity of the financial sectors is limited, leading to the gap currently being filled with borrowings denominated in foreign currency. However, this introduces a currency mismatch in the fi...

17Nov

By Africa BusinessNo Comments

African News, Senegal News

IBM Helps Senegalese City of Thies Plan for Economic Growth

THIES, Senegal, Nov., 2012 /PRNewswire/ -- A team of experts from IBM (NYSE: IBM) presented recommendations to the City of Thies to grow the economic sector through measures to bolster entrepreneurialism, agricultural exports, and education. (Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO ) The 14-member IBM team of experts, with members hailing from ten countries, are completing a month-long engagement as part of IBM's pro bono Corporate Service Corps program, which provides problem-solving assistance to educational institutions, small businesses, non governmental organizations (NGOs), and governmental agencies in emerging markets. Since the launch of the Corporate Service Corps in 2008, over 2,000 IBM employees based in 50 countries have been dispatched on mor...

14Nov

By Africa BusinessNo Comments

African News, South Africa News

Oil and Gas training for Western Cape province’s artisans

By Thandisizwe Mgudlwa Around the September month, Dormac’s first group of learner artisans commenced with their institutional training at Saldanha’s West Coast College, Western Cape province. The training forms part of the Accelerated Artisan Training Programme (AATP) in welding and concludes with the National Trade Test which, if successfully completed, will result in a trade qualification that is registered and quality assured by merSETA and the Department of Labour. This AATP programme is part of a strategy put in place by National government to maintain the number of skilled artisans in the country. Dormac says it has been involved in this project for some time and is one of the top three companies in South Africa with regards to training initiatives having developed 650 a...

14Nov

By Africa BusinessNo Comments

African News

The 10th Forex Conference & Expo Kicks off this Thursday 15 November in Dubai

The show will open its doors in Dubai at 10:00 am on Thursday and will cover online trading currencies, commodities, gold, oil, stocks and derivatives, at Jumeirah Beach Hotel Dubai, and will continue until Friday November 16, 7:00 pm. '' Forex for this year 2012 will witness the participation of Swiss banks specialized in Forex trading along with many trading companies that come for the first time in Dubai. Speaking at the Conference; 15 notable lecturers and speakers from the leading experts and global economic analysts, said Katia Tayar, President of Arabcom Group ; the Organizer of the Event. The Conference provides the perfect opportunity to highlight the trends of the current global capital markets and market expectations in 2013, and it reviews a range of issues of commo...

13Nov

By Africa BusinessNo Comments

African News, South Africa News

Petrochemical giant innovates the ‘Shell Alexia S4’

By Thandisizwe Mgudlwa It has be called a Shell's Special Marine Oil. The announcement that the global group of energy and petrochemicals companies Shell, has launched the Shell Alexia S4, an innovative marine engine oil, has been welcomed by experts as an important step in the development of the industry. And unlike conventional cylinder oils, it can be used across a wide range of vessel and engine types, fuel specifications, loads and climates - from the Antarctic to the Amazon to the Suez Canal, the company claims. The organisation states: "This means vessels no longer need to carry multiple oils. Shell Alexia S4 also works effectively at any vessel speed, including slow and ultra slow - especially important to modern ships that have to vary speeds to reduce fuel consumption and mee...

12Nov

By Africa BusinessNo Comments

Science

Chicago-Based Nonprofit Tackles Scientific Literacy Both in the US and in Africa

ISTG, a Chicago-based non-profit [501(c)(3)] organization committed to the promotion of scientific educational development in urban communities within the US and in Africa through international science and technology middle and high school projects. Chicago, IL, November 12, 2012 --(PR.com)-- Chicago-based Nonprofit Tackles Scientific Literacy Both at Home and Abroad Who?: The Innovative Science and Technology Group (ISTG) What?: Founded in 2006, ISTG is a Chicago-based non-profit [501(c)(3)] organization committed to the promotion of scientific educational development in urban communities within the US and in Africa. ISTG has a number of programs aimed at helping it achieve its goals including Project AFARA, Project UJAMAA, and Project Africa Tomorrow. Proj...