Sunday, November 24African Digital Business Magazine

Tag: industry

African News, South Africa News

Coface projections on SA, Africa and the global economy will have to be tested

By Thandisizwe Mgudlwa Africa is best positioned to provide a thriving business environment, a leading International credit insurer attests. Coface has projected that by 2016, South African exports into Africa will increase significantly but will be offset by an equivalent drop in trade with Europe. The group also says that the will also be an increase in trade with Asia but trade with the US will remain at the current levels. And Garth de Klerk, CEO of Coface South Africa, says: "China will play an important role in SA’s economic future. Currently, 13% of total SA’s exports are to China. They consume 65% of all primary aluminum produced in SA and 70% of all iron ore mined in SA. Notably, China’s biggest export markets in 2011 was the EU at $356-billion followed by the US at...
African News, South Africa News

CTICC and Neotel taking conferencing to international standards

By Thandisizwe Mgudlwa The Cape Town International Convention Centre (CTICC) in conjunction with Neotel have produced a modern innovative conferencing technology. Also, this partnership has opened South Africa’s second public TelePresence room. TelePresence is an immersive meeting experience that offers ultimate video and audio clarity. The CTICC is also the first conference centre in South Africa to have a dedicated public TelePresence room. Participants are life-size, and every sound, gesture, and facial expression supports natural communication. Rashid Toefy, Chief Executive Officer said: “Joining multiple TelePresence calls creates a single, exclusive meeting space. This provides innovative and effective business collaboration and contributes towards faster decision m...
African News

Houston Hosts the PanAfrican Entrepreneurs Conference – Global Opportunities in Energy, Agribusiness, Technology, and Capital Access

WASHINGTON, Nov., 2012 /PRNewswire via African Press Organization (APO)/ — The PanAfrican Entrepreneurs Conference (PAEC) takes place November 15-18, 2012, in Houston, TX at the Four Seasons Hotel. PAEC is an arena for entrepreneurs and business people within the Black Diaspora to meet and further business connections. This is the newly formed international division of the National Black Chamber of Commerce.   The project strategies of PAEC are to promote, help develop and expose procurement opportunities for entrepreneurs. These opportunities will include infrastructure, energy, water management, agri-business, telecommunications, fashion, matchmaking, logistics, transportation, healthcare, environmental management, bidding/tender/RFP management, education facilities, f...
African News

POST SHOW REPORT 2012: ASIA’S LARGEST EXHIBITION & CONGRESS FOR AESTHETIC MEDICAL DISCIPLINES

Post Show Report ( .pdf Acrobat Reader) 13-15 SEPTEMBER 2012 Sands Expo and Convention Center, Marina Bay Sands, Singapore 4th Edition: POST SHOW REPORT 2012 ASIA’S LARGEST EXHIBITION & CONGRESS FOR AESTHETIC MEDICAL DISCIPLINES -        Aesthetic Dermatology -        Anti-aging Medicine -        Aesthetic Plastic Surgery -        TST Triangular Meeting -        Aesthetic Dentistry -        Professional Beauty   16 European CME credits 14 CPE Dental Credits     Organised by    Partnered by In association with Supporting Organisation     Platinum Sponsor Gold Sponsor   +65 6411 7743 (DID) / +65 6411 7777  aestheticasia@informa.com www.aestheticsasia.com   Aesthetic...
Energy, Green Energy, South Africa News

Abengoa Begins Construction on Two CSP Plants Awarded by the South Africa Department of Energy

- Khi Solar One and KaXu Solar One will be the first concentrating solar power (CSP) plants in South Africa and will use advanced technology specifically developed for the country's needs - Both plants will be able to store energy and generate power after sunset SEVILLE, Spain, Nov., 2012 /PRNewswire/ -- Abengoa, the international company that applies innovative technology solutions for sustainable development in the energy and environment sectors, announced today that it has begun construction on the 50 MW solar power tower Khi Solar One and the 100 MW parabolic trough plant KaXu Solar One in South Africa. The concentrating solar power (CSP) plants were two of the 28 renewable energy projects announced late 2011 by the South Africa Department of Energy (DOE). The DOE ...
African News

Sarama Resources announces $500,000 private placement

TSX-V Ticker: SWA SWA.WT VANCOUVER, Nov., 2012 /PRNewswire/ - Sarama Resources Limited ("Sarama" or the "Company") announces a private placement (the "Private Placement") for the issuance of 555,556 units (the "Units") at a price of $0.90 per Unit to raise gross proceeds of approximately $500,000.  Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant (each such whole warrant, a "Warrant").  Each Warrant will entitle the holder to purchase one common share of the Company at a price of $1.20 at any time prior to 5:00 p.m. (Toronto time) on October 17, 2014. The Private Placement will be conducted on a non-brokered basis and is subject to regulatory approval. The proceeds of the Private Placement will be used principa...
African News

Frost & Sullivan Award Recognises 1Stream’s Exceptional Entrepreneurship

Year-on-year growth exceeding 100% in 2011 caps company's stellar performance CAPE TOWN, South Africa, Nov. 7, 2012 /PRNewswire/ -- Based on its recent analysis of the hosted contact centre market, Frost & Sullivan recognises 1Stream with the South African Entrepreneurial Company of the Year Award. Since its inception in 2008, 1Stream has managed to grow its business phenomenally in response to the strengthening demand for hosted contact centre solutions. The company has witnessed exceptionally strong growth in the last year, with year-on-year growth exceeding 100%. 1Stream boasts a client list including multinational companies such as wonga.com and Bloomberg. Undoubtedly, the most important milestone achieved by 1Stream was the signing of a deal in October 2010 ...
African News

High-level Seychelles delegation and ProgressSoft at Connected World Forum

after nationwide mobile money launch 1000+ mobile lifeline experts gather in Dubai this month The global payment solutions giant ProgressSoft will share details of the countrywide roll-out of its mobile payment solution in the Republic of Seychelles at the upcoming Connected World Forum in Dubai from 20-21 November.  ProgressSoft CEO, Mr. Michael Wakileh, the Seychelles Minister of Finance, Trade & Investment, H.E. Mr. Pierre Laporte and the Governor of the Central Bank of Seychelles, H.E. Ms. Abel, head up a distinguished list of more than 100 leading industry experts who will address the conference while some 70 exhibitors will display the latest lifeline technology and services.  More than a thousand lifeline services experts will gather for the Connected World Forum, whi...
Science

Oncobiologics and Boston Oncology Team Up to Deliver Biosimilar Therapies for Cancer and Immune Disease to Middle East and North African Markets

CRANBURY, N.J. and CAMBRIDGE, Mass., Nov. 6, 2012 /PRNewswire/ — Oncobiologics, Inc. and Boston Oncology, LLC today announced a strategic partnership that will allow Boston Oncology to license, manufacture, and commercialize four of Oncobiologics’ biosimilar therapies for cancer and immunological disease in the Middle East and North African (MENA) regions. Under the agreement, Boston Oncology—a pharmaceutical company that localizes advanced technologies and manufacturing expertise in the developing world—will provide Oncobiologics with upfront licensing payments and development milestone payments, along with royalties after the medicines are commercialized. Boston Oncology plans to oversee clinical trials and the development of manufacturing facilities for these therapies in various MEN...
African News, Ethiopia News

The 5th African Private Sector Forum gets underway under the theme “The Role of Private Sector in Promoting Investment and Agro-Industry in Africa”

ADDIS ABABA, Ethiopia, November 6, 2012/African Press Organization (APO)/ – The 3 day 5th African Private Sector Forum was launched today in Abidjan, Cote d’Ivoire with strategic aims to promote investment and trade through partnerships and joint ventures between the African Union Commission’s (AUC) Member States, the Middle East and the world at large in key sectors such as infrastructure development, transportation, telecommunication amongst others. Held under the theme “The Role of Private Sector in Promoting Investment and Agro-Industry in Africa”, the annual Forum will bring the African and Arab business communities on one platform to explore business opportunities, focusing primarily on how the private sector actors from both regions can forge sustainable partnerships with a v...