south Archives - Page 4 of 11 - AfricaBusiness.com

10Nov

By Africa BusinessNo Comments

Energy, Green Energy

Standard Bank Group commits R9.4bn to first batch of renewable energy projects

Standard Bank Group has emerged as the leading investor in the first round of South Africa's renewable energy independent power producer (REIPP) procurement process, backing a total of 11 wind and solar projects. Standard Bank Group will provide comprehensive corporate and investment banking services to all its clients, including underwriting R9.4-billion worth of debt, providing interest and currency hedges, carbon trading credits, and corporate bonding and guarantee facilities. Standard Bank Group has also taken an equity stake in four projects. The South African government's allocation of 1,416MW for this first round of the procuremnt process has translated...

9Nov

By Africa BusinessNo Comments

African News, South Africa News

IMN’s 10th Annual South African & African Capital Markets Conference

IMN's 10th Annual South African & African Cap Mkts Conference (Microsoft Word) 22-23 November 2012 The Westin Cape Town, Cape Town, South Africa NEW YORK CITY, NY – As we enter this next decade in the event's timeline, IMN and our event sponsors will build on our excellent reputation as the only 'must attend' capital markets conference in South Africa. Join us in Cape Town 22-23 November 2012, as the South African and African Capital Markets communities convene to explore and define the road ahead for the international debt capital markets. Co-Host: IFC The conference is co-hosted by IFC, a member of the World Bank Group and the largest global development institution focused exclusively on the private sector. IFC helps developing countries achieve sustainable ...

8Nov

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African News, South Africa News

Ireland’s Minister for Trade and Development Leads Enterprise Ireland Trade Mission to South Africa

On Sunday 10 November 2012, Ireland’s Minister for Trade and Development, Joe Costello TD, will lead an Enterprise Ireland trade mission with 37 companies to South Africa. The trade mission is being organised by Irish trade and technology agency, Enterprise Ireland in close cooperation with Ireland’s Department of Foreign Affairs and Trade and the Embassy of Ireland in Johannesburg. It is aimed at cementing the growing trade relations between the two countries and is part of a broad, long term strategy to further develop Irish trade links and partnerships not just in the South African market, but in the wider Sub-Saharan region. Last year Irish exports to South Africa increased to €944m and exports for 2012 are expected to continue this momentum. South Africa exports ...

8Nov

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African News, South Africa News

Leading IT summit to boost ICT sector in South Africa through improved broadband and infrastructure

The 4th annual IT Leaders Africa Summit will be held in South Africa's city of gold, Johannesburg from 13 to 14 March 2013. The summit is hosted and produced by international business-to-business conferencing company, Kinetic Events. The IT Leaders Summit series is hosted in strategic locations all over the world including Johannesburg, Dubai, Ghana, Cape Town and Nairobi. The series hosts over 150 CIOs and senior IT executives representing leading companies from the respective regions. South Africa, Republic of, Nov, 2012 - Telecommunications is one of the fastest growing sectors within South Africa's economy, driven by rapid growth in mobile and broadband connectivity within recent years. South Africa boasts a network that is reportedly 99.9% digital and includes the latest advancemen...

8Nov

By Africa BusinessNo Comments

African News, South Africa News

Coface projections on SA, Africa and the global economy will have to be tested

By Thandisizwe Mgudlwa Africa is best positioned to provide a thriving business environment, a leading International credit insurer attests. Coface has projected that by 2016, South African exports into Africa will increase significantly but will be offset by an equivalent drop in trade with Europe. The group also says that the will also be an increase in trade with Asia but trade with the US will remain at the current levels. And Garth de Klerk, CEO of Coface South Africa, says: "China will play an important role in SA’s economic future. Currently, 13% of total SA’s exports are to China. They consume 65% of all primary aluminum produced in SA and 70% of all iron ore mined in SA. Notably, China’s biggest export markets in 2011 was the EU at $356-billion followed by the US at...

8Nov

By Africa BusinessNo Comments

African News, South Africa News

CTICC and Neotel taking conferencing to international standards

By Thandisizwe Mgudlwa The Cape Town International Convention Centre (CTICC) in conjunction with Neotel have produced a modern innovative conferencing technology. Also, this partnership has opened South Africa’s second public TelePresence room. TelePresence is an immersive meeting experience that offers ultimate video and audio clarity. The CTICC is also the first conference centre in South Africa to have a dedicated public TelePresence room. Participants are life-size, and every sound, gesture, and facial expression supports natural communication. Rashid Toefy, Chief Executive Officer said: “Joining multiple TelePresence calls creates a single, exclusive meeting space. This provides innovative and effective business collaboration and contributes towards faster decision m...

8Nov

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African News, Rwanda News, South Africa News

International Gateway Traffic Verification System Now Fully Operational in Rwanda

CAPE TOWN, South Africa, November 8, 2012/PRNewswire via African Press Organization (APO)/ — A Joint Realization of Global Voice Group and SGS Societe Generale de Surveillance for the Rwanda Utility Regulatory Agency Global Voice Group (GVG) and SGS Societe Generale de Surveillance are proud to announce that the International Gateway Traffic Verification System (IGTVS), commissioned by the Rwanda Utility Regulatory Agency (RURA) earlier this year, is now fully operational. This successful rolling-out represents the outcome of a procurement process that began in November 2011 with an international tender issued by the RURA for a system “that would enhance their technical capacity to effectively exercise their regulatory mandate”. The bid was won by a consortium made of GVG and...

8Nov

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African News

Houston Hosts the PanAfrican Entrepreneurs Conference – Global Opportunities in Energy, Agribusiness, Technology, and Capital Access

WASHINGTON, Nov., 2012 /PRNewswire via African Press Organization (APO)/ — The PanAfrican Entrepreneurs Conference (PAEC) takes place November 15-18, 2012, in Houston, TX at the Four Seasons Hotel. PAEC is an arena for entrepreneurs and business people within the Black Diaspora to meet and further business connections. This is the newly formed international division of the National Black Chamber of Commerce. The project strategies of PAEC are to promote, help develop and expose procurement opportunities for entrepreneurs. These opportunities will include infrastructure, energy, water management, agri-business, telecommunications, fashion, matchmaking, logistics, transportation, healthcare, environmental management, bidding/tender/RFP management, education facilities, f...

8Nov

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African News

VAALCO Energy Provides Update on Mutamba Iroru Block Onshore Gabon

HOUSTON, Nov. 8, 2012 /PRNewswire/ -- VAALCO Energy, Inc. (NYSE: EGY) today announced that the N'Gongui 2 exploration well being drilled onshore Gabon in the Mutamba Iroru concession has encountered hydrocarbons in the objective Gamba sandstone section. (Logo: http://photos.prnewswire.com/prnh/20100316/NY71495LOGO ) Robert Gerry, Chairman and CEO, commented: "With our partner, Total Gabon, we have elected to drill this well as a "tight hole" and therefore specifics of the operation will not be released until a later date. Suffice to say that VAALCO is excited about the results as the reservoir encountered is the same oil bearing sandstone that produces so prolifically from our offshore fields in Gabon. We are presently conducting additional operations to ascertain the size o...

7Nov

By Africa BusinessNo Comments

African News, Democratic Republic of the Congo

Democratic Republic of Congo: ICT4Gov Project Uses Participatory Budgeting and Telecommunications to Build Transparency and Accountability

Synopsis Project feedback mechanisms driven by participatory budgeting and new innovations in information communication technology are working to successfully build transparency, increase accountability and overcome a long history of mistrust in the Democratic Republic of Congo's South Kivu Province. Challenge Following decades of colonial rule, conflict upon conflict, mismanagement, and internal corruption, the Democratic Republic of Congo's national government was left with limited institutional capacity to provide effective services at the local level. This limited capacity has often prompted citizens' groups to view the central government as illegitimate, rent-seeking authorities uninterested in ensuring that resources filter down from the capital to far flung pr...