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9Jul

By AfricaBusiness.comNo Comments

African News

Growing MENA-MED Oil and Gas Market Attracts Investors

GENEVA, July 9, 2012 /PRNewswire/ -- 9th MidEast-North Africa Mediterranean Upstream Conference - focuses on new opportunities With huge gas finds in the Mediterranean, new gas-LNG ventures afoot, accelerating acreage leasing and major capital investment projects across the region, the Middle East and North African oil and gas market remains one of the biggest and most dynamic energy markets in the world. Therefore, the regional exploration, oil/gas-LNG and energy game attracts a growing number of companies and investors who find new business opportunities. The conference in Geneva focuses on the exploration and development ventures of national oil companies, governments and companies in this vast and complex region. New opportunities have attracted greater commitments from super-majors, a...

30Jun

By AfricaBusiness.comNo Comments

African News, South Africa News

SA’s Top Restaurant Brands

Spur has been identified as SA’s leading restaurant brand, according to the results of a survey conducted by Acentric Marketing Research. The survey was conducted in the first quarter of 2012 and included 21 restaurant-chain brands. The survey was conducted amongst a scientifically selected sample of 364 online panelists, and has a margin of error of 5.2% (see technical note). In total, 21 restaurant brands were ranked according to the ABM (Acentric Brand Model) Index. The top five most powerful brands were identified as: Spur with the largest ABM index score of 15%, closely followed by KFC (14%), Mug & Bean (12%), McDonalds (9%) and Woolworths (8%). “The ABM Index is a proven index of brand equity, which strongly correlates with market share (0.9 correlation). The ABM Index in essence...

23Jun

By AfricaBusiness.comNo Comments

African News, Energy, Green Energy, South Africa News

Clean Power Africa in Cape Town to focus on new opportunities in hydro and solar industries

South African Energy Minister Dipuo Peters to welcome delegates The Clean Power Africa conference and exhibition in Cape Town in September will focus on new opportunities in the clean energy sectors such as retrofitting hydropower to current dams and helping the mining industry to use excess water to provide onsite power. South Africa’s Energy Minister Elizabeth Dipuo Peters will welcome delegates at the official networking reception at the event which will boast over 600 visitors from across the globe. Clean Power Africa incorporates the fifth edition of the hugely successful Hydropower Africa 2012 conference and exhibition and the second year of Solar Energy Africa. New opportunities Says the Clean Power Africa conference director Nicolaas Loretz: “we have found that most utilities, muni...

11Jun

By The African Press OrganizationNo Comments

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...