Sunday, November 24African Digital Business Magazine

Tag: several

24Jul By Louis BararmnaNo Comments
African News, Togo News

Togo / Tourism: bar restaurant “Manchester United” opened

The tourism landscape Togo recorded a newborn. This is the bar-restaurant "Manchester United" opened on July 15 in Lome in an environment well maintained by comedians and actors Togo renowned. Various personalities first and foremost the Togolese Minister of Social Action and National Solidarity Mémounatou Ibrahima, responded overwhelmingly to the invitation of the management of this jewel where the initiative comes from members of the Association of Young Farmers Modern (AJAM). By investing in this way in the tourism sector of Togo, the initiators of the bar restaurant 'Manchester United' agree to join forces and bring their stones in the development process in which Togo is firmly committed under the leadership of the Head of State of Togo Faure Gnassingbe Essozimna. '' This is also f...
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23Jul By Africa BusinessNo Comments
African News

Confirmation.com Uncovers $200 Million Peregrine Financial Group Fraud

  Commodity Futures Regulator Moves to Mandate Use of Service for All Regulated Brokerages BRENTWOOD, Tenn., July 23, 2012 /PRNewswire/ -- Within 24 hours of a regulatory mandate to use electronic confirmation service Confirmation.com, here, PFGBest, a commodity brokerage unit of Peregrine Financial Group, Inc., was exposed as a multi-year $215 million fraud. "PFGBest is a sadly common example of how easily bank and account information can be falsified to evade detection of accounting frauds," said Brian Fox, founder and chief marketing officer of Confirmation.com. "CEO Russell Wasendorf resisted using our service for months, presumably because he knew that as soon as electronic confirmation went into effect, he would be exposed. We have seen this pattern several times since lau...
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22Jul By The African Press OrganizationNo Comments
African News

IN CHINA, AFRICA, UNITED NATIONS WILL CONNECT THOSE WHO FACE CHALLENGES WITH THOSE WHO HAVE SOLUTIONS, SECRETARY-GENERAL SAYS AT BEIJING FORUM

  NEW YORK, July 20, 2012/African Press Organization (APO)/ — Following are UN Secretary-General Ban Ki-moon’s remarks to the Fifth Ministerial Conference of the Forum on China-Africa Cooperation, in Beijing, 19 July: It is a great honour for me to participate on behalf of the United Nations at this important Forum on China-Africa cooperation. I thank the Government of China and the people for their kind invitation and warm hospitality. I commend the leadership of President Hu Jintao in organizing this forum at this very important time in Beijing. I also thank the Government of Egypt for their contribution and leadership and for co-chairing this Forum during the last several years. As the largest developing country, and as the region with the largest number of developing countrie...
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20Jul By AfricaBusiness.comNo Comments
African News, South Africa News

Explore business process outsourcing in the South African context and climate at CEM Africa Summit

  Explore business process outsourcing in the South African context (Microsoft Word) The anticipated Customer Experience Management Africa Summit will be held in Cape Town from 2 to 3 August 2012. The event will bring together Africa’s industry leaders, and provide a unique platform to build relationships, share ideas and most importantly, to do business. The summit is produced by international business-to-business conferencing company, Kinetic Events. The South African government, together with combination of resources with other South African business advisory and support groups, is committed to actively promoting South Africa as a business process outsourcing destination of choice within the customer service industry. Industry executives and professionals are seeking advic...
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17Jul By AfricaBusiness.comNo Comments
African News

Mobile Retail Commerce Rises While Social Shopping Drops in Second Quarter, Reports IBM

ARMONK, N.Y., July 16, 2012 /PRNewswire/ -- Mobile shopping rose while social media sales fell, providing an indication of where US retailers may invest in order to capture the attention and loyalty of the digital consumer, according to a new report from IBM (NYSE: IBM). The IBM Retail Online Index, a cloud-based analysis of the online retail sector reported that retailers experienced 15 percent growth in sales from mobile devices but saw a 20 percent decline in sales traced to social media based on a much smaller base over this three-month period. This report follows today's news from the U.S. Department of Commerce's Census Bureau which announced its estimates of U.S. retail and food services sales. According to the findings, retail sales fell 0.5 percent in June from May, the third ...
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10Jul By AfricaBusiness.comNo Comments
African News

South Africa: AAD2012 offers an extraordinary branding opportunity to local companies

  Africa Aerospace and Defence 2012 (AAD2012) is the largest defence and aviation showcase ever to be held on the African continent, with thousands of people expected to attend the five day exhibition from 19 to 23 September 2012, at the Air Force Base Waterkloof. Exhibition space is already sold out, but there are still numerous sponsorship opportunities available. “The last event, AAD2010, attracted 93 000 people at Air Force Base Ysterplaat,” says Vhongani Shumba, Marketing and PR manager for AAD2012. “AAD2012 has moved back to Waterkloof after the base’s renovation and upgrade, and we will make the best possible use of the much bigger space here. “The increased exhibition space indoors and outdoors is already completely sold out, which gives an indication of the high esteem i...
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10Jul By AfricaBusiness.comNo Comments
African News

Africa – Mobile Voice Market and Major Network Operators

Market penetration to reach 60% among Africa's one billion people in 2012 Mobile phones represent more than 90% of all telephone lines in Africa. Market penetration passed the 50% mark in 2010 and is expected to reach 60% in 2012. Subscriber growth across the continent has slowed to around 17% p.a, but several individual markets are still growing at 50% p.a. or more and others stand at only single-digit penetration rates. The continent's most advanced markets have passed the 100% penetration mark. Although the greatest demand is in the major cities, cellular solutions are also being employed to increase accessibility in rural and other disadvantaged areas. In addition to mobile networks, Wireless Local Loop (WLL) systems have been introduced in a large number of countries for the provision...
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10Jul By AfricaBusiness.comNo Comments
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...
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9Jul By AfricaBusiness.comNo Comments
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...
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9Jul By AfricaBusiness.comNo Comments
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...
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