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7Nov

By Africa BusinessNo Comments

African News

Orange Business Services appoints new General Manager in Middle East & Africa

Orange Business Services appoints new General Manager (.pdf Acrobat Reader) priority on banking & finance, oil & gas and smart cities sectors Orange Business Services, the business services arm of France Telecom-Orange and one of the Middle East’s major ICT employers, has appointed Jean-Luc Lasnier as the new General Manager for the Middle East & Africa (MEA) region. His new mandate is to build on the recent momentum in the region, with a specific focus on strategic markets, including the United Arab Emirates (UAE) and Saudi Arabia in the Gulf Cooperation Council (GCC), alongside Morocco, Sub Saharan Africa and Turkey in the wider region. The key sectors for Orange in MEA include banking & finance, oil & gas and smart cities. “Strong...

6Nov

By The African Press OrganizationNo Comments

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...

6Nov

By Africa BusinessNo Comments

African News

Aviat Networks to Showcase LTE-Proven Microwave Networking Solutions at AfricaCom 2012

SANTA CLARA, Calif., Nov. 6, 2012 /PRNewswire/ — Aviat Networks, Inc. (NASDAQ: AVNW), a leading expert in microwave networking solutions, today announced that it will be exhibiting at AfricaCom 2012, November 13-15, in Cape Town, South Africa. The company will highlight its LTE-proven microwave solutions at this leading telecommunications conference in Africa. For Africa’s mobile operators planning their rollout of LTE wireless technology, this is an important opportunity to learn about the advantages of Aviat’s LTE-proven technology. Aviat’s understanding of large national LTE deployments provides relevant lessons for all African operators who are modernizing their networks to add capacity, reduce complexity and migrate to IP—all of which will be critical for the eventual introduction ...

6Nov

By Africa BusinessNo Comments

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...

6Nov

By Africa BusinessNo Comments

African News, Uganda News

IMF Concludes Staff Mission to Uganda

KAMPALA, Uganda, November 6, 2012/African Press Organization (APO)/ – An International Monetary Fund (IMF) team visited Kampala from October 24 to November 6, 2012 to carry out discussions with the Ugandan authorities for the fifth review of their IMF-supported economic and financial program. The mission met with Hon. Maria Kiwanuka, Minister of Finance, Planning, and Economic Development, and Professor Emanuel Tumusiime-Mutebile, Governor of the Bank of Uganda, as well as other senior government officials, development partners, and representatives of the private sector and civil society. At the end of the mission, Ms. Ana Lucía Coronel, IMF senior resident representative and mission chief for Uganda, issued the following statement: “Uganda’s economic growth rate declined fro...

6Nov

By Africa BusinessNo Comments

Energy, Green Energy, South Africa News

Serving up a POWER-GEN-sized slice of colossal Kusile

As part of the inaugural POWER-GEN Africa, taking place at the Sandton Convention Centre from 6-8 November, an intrepid group of delegates had a unique opportunity to visit Kusile, which once operational will be the fourth largest coal-fired power installation in the world. By its scheduled 2018 completion date the station, located in Mpumalanga province, will have a total capacity of 4800 MW. The first of its six 800 MW units is due to commence operations in 2014. Under development by South African state-owned utility Eskom, Kusile is the country’s most technologically advanced coal plant and will be the first to feature flue gas desulphurisation (FGD), a key environmental objective for Eskom. A base-load facility, Kusile forms part of Eskom’s plan to increase...

6Nov

By Africa BusinessNo Comments

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...

6Nov

By Africa BusinessNo Comments

African News, South Africa News

Google conference attracks over 800 industrial experts

By Thandisizwe Mgudlwa The popular Google Conference makes its return to Cape Town next week. And tech enthusiasts are expected to gather at the Pavillion Conference Centre, Victoria & Alfred (V&A) Waterfront in Cape Town on 12th-13th November. This meeting of experts in the various industries will be the third G-South Africa event presented by Google. Also, the two day conference will host over 800 business people, marketers, entrepreneurs and web developers, together with Google experts from around the globe, to share tools and best practices for digital marketing and web development. “G-South Africa represents Google’s commitment to driving the web forward in South Africa and across the continent, as well as highlighting the business opportunities that are brought...

6Nov

By Africa BusinessNo Comments

Energy, Green Energy, Kenya News

Joju Solar aid electrification of hospital in Kenya

Joju Solar have assisted in the installation of a 2.2 kW off grid solar PV system on a remote village clinic in Kenya, in association with the Sindicatum Climate Change Foundation The project has enabled the remote clinic, which is off the electricity grid, to be fitted with a solar/battery system to supply power to the clinic for the first time. The generated power is used to run energy efficient lighting and ceiling fans in the wards. And importantly, the project also provides a super insulated fridge for the storage of vaccines and medicines. The project has generated considerable interest locally, in particular from the Ministry of Health who met with Hope for Konya and other local partners to discuss the possibility of placing doctors permanently at the clinic instead of...

6Nov

By Africa BusinessNo Comments

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...