Sunday, November 24African Digital Business Magazine

Tag: international

African News

International business must reach out to the global masses

  By Thandisizwe Mgudlwa An initiative aimed at mobilizing the Global business community to achieve sustainable prosperity must be taken seriously. A document released from Washington, D.C reveals that transnational corporations are now so numerous and in some cases so well capitalized that their global influence now rivals and in many cases exceeds that of governments, according to research published by the Worldwatch Institute. And that around 80,000 transnational corporations (TNCs) operate worldwide, a mere 147 of which control 40 percent of the total value of all these corporations' value. Any vision of a sustainable future must include full recognition of the role that TNCs play in shaping the planet's human and ecological destiny, authors argue in Institute's Stat...
African News

Lubricant Demand Growth Stalls in Mature Markets, Strong Growth on the Horizon for New Emerging Markets, Sees Kline

PARSIPPANY, N.J., Nov., 2012 /PRNewswire/ -- Despite the challenges of a precarious economic environment, the 2011 global lubricant market grew a resilient 2%, with global lubricant demand estimated at 38.6 million tonnes. This growth was largely fuelled by the BRIC countries' resurgent industrial activity and expansion in the commercial and passenger vehicles sales, according to the recent Global Lubricants: Market Analysis and Assessment report by international consulting and research firm Kline & Company. The United States remains the largest lubricant market, but its near 22% global share continues to decrease. China and India are the next biggest markets with a combined total of over 26%, with Russia's consumption expected to surpass Japan's and consequently be the fourth...
African News, Kenya News

Deforestation Costing Kenyan Economy Millions of Dollars Each Year and Increasing Water Shortage Risk, UNEP and Kenya Forest Service Report Finds / Services from Kenya’s Water Towers Underpin Many Sectors of Economy

NAIROBI, Kenya, November 5, 2012/African Press Organization (APO)/ – Deforestation deprived Kenya’s economy of 5.8 billion shillings ($US 68 million) in 2010 and 6.6 billion shillings in 2009, far outstripping the roughly 1.3 billion shillings injected from forestry and logging each year, according to a joint Kenya Forest Service (KFS) and UN Environment Programme (UNEP) report.   The ongoing work of the KFS, together with the Kenya National Bureau of Statistics (KNBS) and international partners, says that the contribution of forests is undervalued by 2.5 per cent, putting the estimate of its annual contribution to Gross Domestic Product (GDP) at around 3.6 per cent.   Hon. Dr. Noah Wekesa, Kenya’s Minister of Forestry and Wildlife, said the report – entitled ‘The ...
African News

Luanda: Italian firms at Construction Fair

LUANDA, Angola, November 5, 2012/African Press Organization (APO)/ — A total of twenty Italian firms successfully participated in the 10th edition of the Projekta International Construction, Urban Planning and Architecture Fair held in Luanda Angola. The fair provided the perfect stage for an infrastructure and civil engineering sector that has undergone rapid growth over the past decade. The Italian firms joined 380 other firms not only from Angola but also from Portugal, South Africa, Brazil and Turkey.   SOURCE Italy – Ministry of Foreign Affairs
African News

PanAtlantic Exploration Company Adopts Paradigm’s Subsurface Software Suite for International Deepwater Exploration and Production Projects

Paradigm solutions to improve cycle times and enhance subsurface reliability.   [05-November-2012]   LAS VEGAS, Nov. 5, 2012 /PRNewswire/ — Paradigm™ (www.pdgm.com) announced today that PanAtlantic Exploration Company has adopted Paradigm geophysical and petrophysical applications for all of its exploration and production work in the deepwater environments of Brazil and Africa. PanAtlantic will use the Paradigm solutions for every step in the upstream workflow, from seismic processing and imaging through interpretation and modeling, reservoir characterization, reservoir engineering, and well planning and drilling engineering. The announcement was made at the 2012 SEG International Exposition and 82nd Annual Meeting, Las Vegas. (Logo: http://photos.prnewswire.co...
African News, Malawi News

Malawi Economic Conference Affirms Recent Policy Reforms and Calls for Additional Measures to Achieve More Inclusive Growth

LILONGWE, Malawi, November 5, 2012/African Press Organization (APO)/ – The Malawi Ministry of Finance, the Reserve Bank of Malawi and the International Monetary Fund jointly organized a conference in Lilongwe during November 2-3, 2012 aimed at discussing strategies for enhancing the implementation of Malawi’s Economic Recovery Plan (ERP). The high level conference was held under the theme “Toward More Inclusive Growth.” The conference which was opened by Her Excellency President Joyce Banda attracted leaders from the Executive and Legislative branches of Government, and representatives of civil society, labor, business, academia and Malawi’s development partners. In her address, President Banda charged participants to review critically the ERP implementation strategy and come ...
African News, Zimbabwe News

Zimbabwe develops e-health strategies

  by Wallace Mawire ln a bid to move with global developments Zimbabwe has developed ehealth strategies to enhance service delivery and increase competitiveness in the health sector. Globally all sectors are embracing Information and Communication Technologies (ICTs). Health care is no exception.ICTs can transform how health care is delivered and how health systems are run. The use of ICTs in health care service delivery is termed ehealth. The World Health Organization (WHO) defines ehealth as the combined use of electronic communication and information technology in the health sector. "E-health is the means of ensuring that the right health information is provided to the right person at the right place and time in a secure,electronic form for the purpose of optimizing the qual...
Rwanda News

Africa: Regional integration can boost FDI, experts at AEC say

KIGALI, Rwanda, November, 2012/African Press Organization (APO)/ – Experts at the ongoing African Economic Conference in Kigali today agreed that Africa would need to strengthen regional integration in order to boost increased Foreign Direct Investment (FDI) on the continent, because it creates larger domestic markets and stimulates trade, two elements that can attract FDI. “At a time when China, India, Brazil and other large emerging markets are taking on such a prominence in the global economy, we must surely focus the minds of African policymakers, particularly from smaller, landlocked countries, on the importance of pushing forward the regional integration agenda”, said Andrew Mold, a senior Economic Affairs Officer of ECA.   Mold said that attracting FDI in Africa c...
African News, Rwanda News

Africa: Shared benefits require bold economic reforms

  The seventh African Economic Conference ended on November 2, 2012 in Kigali, Rwanda KIGALI, Rwanda, November 3, 2012/African Press Organization (APO)/ – Participants at the closing session of the seventh African Economic Conference (http://www.africaneconomicconference.org), on November 2, 2012 in Kigali, Rwanda, urged African leaders to put in place bold economic reforms, aimed at sustaining growth and boosting human development. Logo African Economic Conference: http://www.photos.apo-opa.com/plog-content/images/apo/logos/aec-logo.jpg Photo Donald Kaberuka: http://www.photos.apo-opa.com/plog-content/images/apo/photos/donald-kaberuka—afdb-president.jpg The four-day conference highlighted the need for policy-makers to create diversified economies capable of generating e...
Science

Obscura’s Experiential Technology Connects Visitors to an Exciting New Era of NASA’s Human Space Exploration Program

An immersive 360-surround theater tours the country, showcasing a dynamic and educational virtual journey into deep space that's entertaining for all ages. LOS ANGELES, Nov. 3, 2012 /PRNewswire/ -- Obscura partnered with NASA and the National Institute of Aerospace to invite the public to virtually explore the new frontiers of deep space and the expansion of the space program through an immersive educational experience set within a 50-foot geodesic dome. The multi-city tour premiered at the Intrepid Sea, Air and Space Museum in New York City in July, followed by a simultaneous showing at the California Science Museum in Los Angeles and the Kennedy Space Center in Cape Canaveral, currently underway through November 4th. Photos and Video: http://www.obscuradigital.com/wor...