Sunday, November 24African Digital Business Magazine

Tag: projects

Africa Travel, African News, Tanzania News

Four Seasons Sets Up Camp in Tanzania’s Serengeti National Park; Lodge is First of Three Launching Brand’s Sub-Saharan Expansion

Existing property to be renamed Four Seasons Safari Lodge Serengeti, Tanzania; additional new properties planned in Ngorongoro Conservation Area and on the island of Zanzibar TORONTO, July 10, 2012 /PRNewswire-USNewswire/ -- Four Seasons Hotels and Resorts has signed a long term management agreement with the owners of Bilila Lodge, a resort in the Serengeti National Park, and is now operating the property, which will be upgraded and renamed Four Seasons Safari Lodge Serengeti, Tanzania in fall 2012. "We have long wanted to expand into Sub-Saharan Africa and offer new outdoor adventure experiences to our guests," says Kathleen Taylor, president and CEO, Four Seasons Hotels and Resorts.  "Now, we're thrilled to have an outstanding location and partners who share our vision to create a wo...
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

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

Yet Another Recognition: Dr. Naseer Homoud Among Top 100 in Construction Sector of the Arab World

Recognizing immense standing in the construction and real estate sector, Dr. Naseer Homoud, a renowned philanthropist and business leader, has been placed at 84th position of 100 Most Powerful in Gulf Construction as unveiled by Construction Week’s annual Power 100 listing. Doha, Qatar, July 09, 2012 --(PR.com)-- Being part of the List, Dr Naseer Homoud rubs shoulders with giants of the construction and real estate industry including Bakr Bin Ladin, chairman of the Saudi Bin Ladin Group (SBG), Said T. Khoury, chairman and president of Consolidated Contractors Company (CCC), and the Arabtec chairman Riad Kamal. Dr. Homoud was recently ranked at 53rd position among the 500 most powerful Arabs from the globe. The list, better known as the Arabian Business Power List features Arabs living in 3...
Africa Travel, African News, Gambia News

GAMBIA: TOURISM SECTOR SHINES DESPITE BOTTLENECKS IN GLOBAL ECONOMY, SAHEL REGION

  by Amat JENG http://www.mediarevolution-amat.blogspot.com The Minister of Tourism and Culture of The Gambia has appreciated the trend of the tourism sector saying it is undergoing “tremendous transformation”, despite the turbulence in the global economy, exacerbated by political turmoil in some parts of the Middle East, North Africa and in the Sahel. Minister Fatou Mas Jobe-Njie was speaking during the recent Ecowas Tourism Ministers’ Summit hosted by The Gambia at the Kairaba Beach Hotel in Kololi, where she said “this tremendous transformation” came as a result of the dynamic changes at the global level, which has necessitated the adoption of certain reforms at both global and national levels to meet the challenges and stay competitive. The global economic meltdown coupled...
Energy, Green Energy, Mauritius News

Solamon Enters Mauritius Market; Set to Provide Large-Scale Solar Energy Projects

  Solamon enters Mauritius market; set to provide large-scale solar energy projects. Toronto, Canada, July 07, 2012 --(PR.com)-- Earlier today Jay Yeo, President, Solamon Energy Corp., proudly announced the company has entered The Republic of Mauritius and over the next few months will aggressively pursue its goal to sell large-scale solar arrays across fields, parking lots and rooftops on this sun-rich island nation located in the Indian Ocean. "It is in fact our first foray into Africa," adds Yeo, from his office in Toronto, "and we are working closely with several partners to effectively communicate our intentions to business and government leaders." Mauritius has no known oil, natural gas or coal reserves, and therefore currently depends on imported petroleum products to meet...
African News

IBM Supports Accelerated Adoption of Technology in Tanzania

  DAR ES SALAAM, Tanzania, July, 2012 /PRNewswire/ -- IBM (NYSE: IBM) today (July 4) signed a collaboration agreement with the Tanzanian Ministry of Communication, Science and Technology to help accelerate the adoption of technology as part of Tanzania's ongoing development and strategy to increase its competitiveness in East Africa. (Logo: http://photos.prnewswire.com/prnh/20090416/IBMLOGO ) IBM will work with the Tanzanian Government to help achieve its vision of becoming a hub for trade in the wider East Africa region and to enhance sustainable economic development as outlined in the Tanzania National ICT Policy. "This agreement supports the goals of the National ICT Commission to use innovative technologies and approaches to transform our infrastructures, build national data...
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, Malawi News

African Short-term Insurance Industry Trends

  The Africa Insurance & Reinsurance Conference Presentations   African Short-term Insurance Industry Trends   by Brian Kapito, Projects Manager, NICO Holdings Limited Malawi Please download Presentation - Brian Kapito.pdf   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 conference continues tomorrow. Sessions like Bancassurance, Insurance Investment , Reinsurance and Technology in the insurance sector among others will be covered tomorrow 27th of June.
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...