Saturday, November 23African Digital Business Magazine

Tag: infrastructure

African News

Agreement to Purchase Contiguous Mining Lease with the Obotan Gold Project

  PMI acquires mining lease continguous................ (MS Word) PMI acquires mining lease continguous................ (Acrobat Reader .pdf) PMI Gold Corporation(TSX-V: PMV) (ASX: PVM) is pleased to announce that its 100% wholly-owned subsidiary, Adansi Gold Company (Ghana) Limited (“Adansi”) has entered into an agreement with Midras Mining Company Ltd (“Midras”) to acquire the DatanoMining Leasewhich sits contiguous to the Company’sflagship Obotan Gold Project in south-west Ghana (Figure 1) (please download file).   The Midras concession covers an area of 50km2 and sits strategically south of the Nkran deposit providing PMI access to the extensions of the mineralised Nkran and Fromenda structures and the opportunity to develop additional oxide resource targets close to the...
African News, South Africa News

Summit to provide guidance in driving innovation to achieve enterprise improvements within IT infrastructure

  Developing world class infrastructure to improve Africa's ICT sector and driving innovation to ac (Microsoft Word) The 2nd annual IT Infrastructure Africa Summit begins this week from 12 to 13 July 2012 at the Westin Hotel in Cape Town, South Africa. The anticipated summits is hosted and produced by international business-to-business conferencing company, Kinetic Events. This year’s summit will focus on developing world class infrastructure in efforts to improve Africa’s ICT sector addressing IT infrastructure challenges currently facing the African IT industry. As an enterprise attempts to grow, its IT infrastructure faces immense industry pressure to improve on all metrics simultaneously. The dramatic impact of IT infrastructure spending on the enterprise and the need f...
Energy, Green Energy

SunEdison Closes 98 MW of Solar Projects in Europe

SunEdison demonstrates its ability to deploy high value solar assets in Europe and to structure complex transactions attracting world class financing partners BELMONT, Calif., July 9, 2012 /PRNewswire/ -- SunEdison, a leading worldwide solar energy services provider and a subsidiary of MEMC Electronic Materials (NYSE: WFR), today provided additional details on the solar project closings announced last week.  The company closed three transactions involving approximately 98 megawatts (MWp) of photovoltaic (PV) power plants in Europe during the second quarter. The transactions include the sale of a 60MWp power plant in Bulgaria to a consortium of investors consisting of an affiliate of First Reserve Energy Infrastructure Fund, Crescent Capital and ACWA Power; a 13 MWp portfolio of projects in...
African News

“The Electric Power Infrastructure Security Market Will Reach $3.7bn in 2012” Says Visiongain Report

  Visiongain’s analysis indicates that the electric power infrastructure security market to be worth $3.7bn in 2012, as companies and organisations across a number of sectors seek to secure their systems, networks, information and data against the dangers of cyberspace. London, United Kingdom, July 07, 2012 --(PR.com)-- The electric power infrastructure security market is therefore forecast by Visiongain to record strong and continuous growth over the next decade, as the security of electric power infrastructure gains in importance against a backdrop of increasing physical and cyber threats and attacks. The lead analyst of the Electric Power Infrastructure Security report commented that "Electric power infrastructure security is a growth market for both governments and the pr...
Energy, Green Energy, South Africa News

Energy Trends in Africa: Will Africa be the Global Green Energy Leader?

CAPE TOWN, South Africa, July 4, 2012 /PRNewswire/ -- With the latest supply of power grids, power generation efficiency and movement toward energy-efficient buildings, Africa is at the brink of a green energy revolution – or is it really? The Frost & Sullivan Energy and Power Systems business unit will be hosting a complimentary web conference that will be contextualising the direction and scale of energy investment in Africa. The web conference will take place on 10 July 2012, at 15:00 CAT (14:00 BST). Various countries have introduced feed-in tariffs and, in addition, the need for supplementary power in remote locations is on the increase. At the same time, the costs of RE technologies have been decreasing, becoming ever more competitive. Many companies are bracing themselves for gr...
African News

Can Africa Industrialise?

  by John Page Abstract Africa needs structural change to sustain growth. Industry with and without smoke stacks is key, but Africa has deindustrialised since the 1970s. Can Africa industrialise? Rising costs and domestic demand in Asia offer an opportunity. However, trade in tasks, firm capabilities and agglomeration will drive industrial location choices. Strategies to deal with these drivers of change are needed. Investment climate reforms should focus less on regulation and more on the gaps in infrastructure and skills. Policies to push exports, build firm capabilities and support agglomerations are also needed. Success will depend crucially on new donor attitudes and how policy is implemented. Please read here: http://jae.oxfordjournals.org/content/21/suppl_2/ii86.short
Energy, Green Energy

IFC and Norway’s Scatec Solar to Develop Solar Power in West and Central Africa

WASHINGTON, June 11, 2012/African Press Organization (APO)/ — IFC, a member of the World Bank Group, and Scatec Solar, a Norwegian company specializing in photovoltaic solar systems, have signed an agreement to develop solar power projects that will supply renewable energy to address electricity needs in parts of West and Central Africa. IFC InfraVentures, the Global Infrastructure Project Development Fund, and Scatec Solar will develop, design, finance, construct and operate solar photovoltaic plants generating at least 10 megawatts of power. They plan to build a portfolio of projects in Benin, Burkina Faso, Cameroon, Niger, and Togo. This is the first time a multilateral financial institution is partnering with a private company to develop solar power energy in Sub-Saharan Africa. The ag...