source Archives - AfricaBusiness.com

16Mar

By Africa BusinessNo Comments

South Africa News

Konecranes presents the world’s first hybrid reach stacker

Konecranes is a world-leading group of Lifting Businesses™ offering lifting equipment and services that improve productivity in a wide variety of industries. The company is listed on NASDAQ OMX Helsinki Ltd (symbol: KCR1V). With over 12,000 employees at more than 600 locations in almost 50 countries we have the resources, technology and determination to deliver on the promise of Lifting Businesses™. Konecranes is proud to announce the introduction of the world’s first hybrid reach stacker - the SMV 4531 TB5 HLT for container handling, with a lifting capacity of 45 tons. It features a hybrid diesel/electric driveline, electrified hydraulic lifting system, and a super capacitor based energy storage. This innovative lift truck will cut fuel consumption and emissions w...

13Dec

By Africa BusinessNo Comments

African News

African Medical Device Market: Facts and Figures 2012

NEW YORK, Dec. 13, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: African Medical Device Market: Facts and Figures 2012 Why look at Africa? With a population of over a billion people, Africa represents a vast potential market. The political and economic picture is improving in many areas, as conflicts are brought under control, and governments show a new willingness to use export revenues to boost healthcare. Levels of external aid remain strong. While this can be a double-edged sword for the economy of the country in question, a large number of development projects are ongoing. Virtually the entire continent is wholly reliant on imports, which rose by an average of 7.5% per year in the 2006-10 period. The least-develop...

13Dec

By Africa BusinessNo Comments

African News, Morocco News

“Circum Central Atlantic, Northwest Africa and Mediterranean: Your Net-based Source for E&P Opportunities”

Oil & Gas Marrakech Conference and Exhibition will be held in the Marrakech Congress Palace, Morocco. As one of the most important technical events in Morocco, it is an ideal opportunity to focus on the progress of the oil and gas industry across this region, an area known for its diversity, opportunity and capacity for growth. Northwest Africa in general and Morocco in particular are on the eve of a very ambitious exploration drilling programs tapping on both conventional and non-conventional hydrocarbon potential. This will provide exciting time for the forthcoming years to all actors of the Oil and Gas industry in the region. The petroleum industry in Morocco has reached a new maturity. New frontiers are being opened, a new modern database is being acquired and new play concepts h...

13Dec

By Africa BusinessNo Comments

African News, South Africa News

African Banking innovation sees AfDB approving multi-currency line of credit of USD 300m

By Thandisizwe Mgudlwa The African Development Bank has extended the equivalent of USD 300 million to FirstRand Bank Limited to support projects across Africa This week an announcement from Tunis, Tunisia, revealed that the African Development Bank has approved a seven-year multi-currency line of credit for an amount equivalent to USD 300 million to FirstRand Bank Limited (FRB) of South Africa to finance a wide range of projects in local currencies and across Africa. And most African countries are characterized by low discretionary rates of domestic savings. As a result, the intermediation capacity of the financial sectors is limited, leading to the gap currently being filled with borrowings denominated in foreign currency. However, this introduces a currency mismatch in the fi...

10Nov

By Africa BusinessNo Comments

African News

Professional Indemnity Insurance in South Africa

NEW YORK, Nov., 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Professional Indemnity Insurance in South Africa http://www.reportlinker.com/p01028856/Professional-Indemnity-Insurance-in-South-Africa.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Insurance Professional Indemnity Insurance in South Africa is a report about the South African market for and distribution of policies covering professional liability. For 2007, 2011 and with a forecast for 2015, the study breaks down the market for professional indemnity insurance on a standardised basis by professional group with 12 categories considered as follows: accountancy and finance alternative medicine architecture and engineering br...

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...

5Nov

By Africa BusinessNo Comments

African News, Kenya News

Deforestation Costing Kenyan Economy Millions of Dollars Each Year and Increasing Water Shortage Risk, UNEP and Kenya Forest Service Report Finds / Services from Kenya’s Water Towers Underpin Many Sectors of Economy

NAIROBI, Kenya, November 5, 2012/African Press Organization (APO)/ – Deforestation deprived Kenya’s economy of 5.8 billion shillings ($US 68 million) in 2010 and 6.6 billion shillings in 2009, far outstripping the roughly 1.3 billion shillings injected from forestry and logging each year, according to a joint Kenya Forest Service (KFS) and UN Environment Programme (UNEP) report. The ongoing work of the KFS, together with the Kenya National Bureau of Statistics (KNBS) and international partners, says that the contribution of forests is undervalued by 2.5 per cent, putting the estimate of its annual contribution to Gross Domestic Product (GDP) at around 3.6 per cent. Hon. Dr. Noah Wekesa, Kenya’s Minister of Forestry and Wildlife, said the report – entitled ‘The ...

3Nov

By Africa BusinessNo Comments

African News

IST Research Deploys Crowdsourcing Technology to Colombia & Zambia

Engaging Populations Utilizing Indigenous Communications Technology Fredericksburg, VA, November, 2012 --(PR.com)-- IST Research has developed novel approaches to collecting highly structured data from indigenous populations in the most austere locations around the globe. The IST Research Data Collection Environment includes new technology development and social engineering efforts necessary to effectively engage populations in information sharing campaigns. IST Research has recently deployed its Data Collection Environment (DCE) to both Colombia & Zambia with the intent of engaging and collecting data from the local residents in these countries using the technology with which they are most familiar. The system was designed to seamlessly launch collection tools...

11Oct

By Africa BusinessNo Comments

African News

Investors Applaud Hershey’s Vow To Source 100% Certified Cocoa By 2020

Move to certify entire product line seen as significant step to eradicate trafficking and forced child labor on cocoa farms and plantations NEW YORK, Oct. 11, 2012 /PRNewswire-USNewswire/ -- Today, the Interfaith Center on Corporate Responsibility, a shareholder coalition that engages companies on labor and human rights standards in global supply chains, commends the Hershey Company for its commitment to certify all its cocoa by a third party by 2020. With a 43% share of the U.S. chocolate market, the investors view Hershey's decision as an important advancement that is certain to influence the industry and result in more sustainable cocoa farming and production. Said Chris Meyer of Praxis Mutual Funds and co-convener of the Hershey dialogue, "Seventy percent of the worl...

26Jul

By Africa BusinessNo Comments

Science, South Africa News

Life Technologies and SATuRN Collaborate to Increase Access to HIV Testing in Africa

CARLSBAD, Calif., July 24, 2012 /PRNewswire/ -- Life Technologies Corporation (NASDAQ: LIFE ) today announced a collaboration with the Southern African Treatment and Resistance Network (SATuRN – http://www.bioafrica.net/saturn) on sequencing-based diagnostics for HIV-infected individuals in Africa. Antiretroviral (ARV) drugs are becoming increasingly available in the developing world, due to facilitation by both governmental and non-governmental organizations, as well as reductions in price and international trade restrictions by pharmaceutical companies. Resistance to these drugs develops in many HIV-infected individuals, however, and resistance is therefore coming to the forefront of the global health agenda. Resistance can be monitored by genetic sequencing of two viral gen...