Saturday, November 23African Digital Business Magazine

Tag: market

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...
African News

Market Rally Running Out of Steam?

  LONDON, July 9, 2012 /PRNewswire/ -- June proved to be a bullish month for stock markets, with investors buying back into the market after three previous months of declines as Central Banks looked to stimulate a slowing global economy. In June, the FTSE 100 gained 251 points or 4.7%. However, having hit resistance at the 5700 level at the end of last week, will the FTSE's charge start to run out of steam? By close of play in the UK on Friday (July 6), all the major indices were firmly in the red, with the Dow Jones leading the way as it fell by over 150 points (over 1%) by 4.40pm (BST). Major indices in the UK and Europe recorded falls too, with the FTSE 100 shedding 30 points and Germany's DAX 30 sliding by over 125 points to close the week at 5662.6 and 6410.1 respectively. L...
Science, South Africa News

SECURITY BENEFITS WITH OPEN SOURCE, SAYS JIST

  PRESS RELEASE SECURITY BENEFITS WITH OPEN SOURCE, SAYS JIST (Microsoft Word) It is hard to keep up with the rapid pace of the global surveillance market. Technology is driven by market demands and the advances made in open source capabilities have paved the way for innovation in surveillance and security solutions. Security technology professionals, JIST, note that more and more solutions rely on open source technology to offer greater return on investment.   Michael Gelderbloem of JIST says, “A significant benefit derived from open source solutions is the absence of expensive license fees. A large portion of our solutions rely on open source technology, however, it is the integration of the solutions with this technology that adds value for clients. On its own, open sour...
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, Ghana News, Kenya News, South Africa News, Zimbabwe News

Africa provides vast potential for micro-insurance

Micro-insurance coverage has expanded dramatically globally from the 78 million low-income people identified in 2007 to the current estimates suggesting the sector is approaching 500 million lives covered today. This growth has been largely driven by both the active involvement of governments to better help citizens protect themselves against risks and the availability of payment systems, which has made it easier to collect premiums from low-income households and enabled a host of new players to get involved in micro-insurance. However, despite global growth in micro-insurance and its increasing prominence on the international agenda, micro-insurance on the African continent continues to lag behind, with only 25 million low-income people covered. Africa nevertheless provides vast potenti...
African News

The Africa Insurance & Reinsurance Conference Presentations: Fighting Insurance Fraud In Africa & What insurers can do to avoid leaving money on the table Subrogation and dispute resolution (Acrobat Reader)

The 2nd Annual Africa Insurance & Reinsurance Conference kick started today with a compelling opening speech on Charting new structures to ensure a stable and thriving regional insurance market by Ibrahim Kaddunabbi Lubega, The CEO, Insurance Regulatory Authority of Uganda.  Photo number from left to right the moderator - Sam Ncheeri, MD, Eagle Africa Insurance Brokers and by Ibrahim Kaddunabbi Lubega, The CEO, Insurance Regulatory Authority of Uganda. Photo number Brian Kapito, Projects Manager, NICO Holdings Limited Malawi, David Ronoh, Managing Director, CIC Life Assurance. The two gave insights into the regional insurance market . AIRC 2012 again proved that it is the event of choice for regional insurance players as more that 70 delegates attended the first day. The conf...
Tanzania News, Zambia News

Africa Loses Billions in Potential Trade Earnings, Falls Short of Vast Promise in Cross-Border Business―New World Bank Report

Washington, February 7, 2012 – With African leaders now calling for a continental free trade area by 2017 to boost trade within the continent, a new World Bank report shows how African countries are losing out on billions of dollars in potential trade earnings every year because of high trade barriers with neighboring countries, and that it is easier for Africa to trade with the rest of the world than with itself. According to the new report―De-Fragmenting Africa: Deepening Regional Trade Integration in Goods and Services―regional fragmentation could become even more costly for the continent with new World Bank forecasts suggesting that economic slowdown in the Eurozone could shave Africa’s growth by up to 1.3 percentage points this year. As the authors write, “while uncertainty surrounds ...