south Archives - Page 5 of 11 - AfricaBusiness.com

7Nov

By Africa BusinessNo Comments

Abengoa Begins Construction on Two CSP Plants Awarded by the South Africa Department of Energy

- Khi Solar One and KaXu Solar One will be the first concentrating solar power (CSP) plants in South Africa and will use advanced technology specifically developed for the country's needs - Both plants will be able to store energy and generate power after sunset SEVILLE, Spain, Nov., 2012 /PRNewswire/ -- Abengoa, the international company that applies innovative technology solutions for sustainable development in the energy and environment sectors, announced today that it has begun construction on the 50 MW solar power tower Khi Solar One and the 100 MW parabolic trough plant KaXu Solar One in South Africa. The concentrating solar power (CSP) plants were two of the 28 renewable energy projects announced late 2011 by the South Africa Department of Energy (DOE). The DOE ...

7Nov

By Africa BusinessNo Comments

African News

Sarama Resources announces $500,000 private placement

TSX-V Ticker: SWA SWA.WT VANCOUVER, Nov., 2012 /PRNewswire/ - Sarama Resources Limited ("Sarama" or the "Company") announces a private placement (the "Private Placement") for the issuance of 555,556 units (the "Units") at a price of $0.90 per Unit to raise gross proceeds of approximately $500,000. Each Unit will be comprised of one common share of the Company and one-half of one common share purchase warrant (each such whole warrant, a "Warrant"). Each Warrant will entitle the holder to purchase one common share of the Company at a price of $1.20 at any time prior to 5:00 p.m. (Toronto time) on October 17, 2014. The Private Placement will be conducted on a non-brokered basis and is subject to regulatory approval. The proceeds of the Private Placement will be used principa...

7Nov

By Africa BusinessNo Comments

African News

Frost & Sullivan Award Recognises 1Stream’s Exceptional Entrepreneurship

Year-on-year growth exceeding 100% in 2011 caps company's stellar performance CAPE TOWN, South Africa, Nov. 7, 2012 /PRNewswire/ -- Based on its recent analysis of the hosted contact centre market, Frost & Sullivan recognises 1Stream with the South African Entrepreneurial Company of the Year Award. Since its inception in 2008, 1Stream has managed to grow its business phenomenally in response to the strengthening demand for hosted contact centre solutions. The company has witnessed exceptionally strong growth in the last year, with year-on-year growth exceeding 100%. 1Stream boasts a client list including multinational companies such as wonga.com and Bloomberg. Undoubtedly, the most important milestone achieved by 1Stream was the signing of a deal in October 2010 ...

6Nov

By Africa BusinessNo Comments

African News

Aviat Networks to Showcase LTE-Proven Microwave Networking Solutions at AfricaCom 2012

SANTA CLARA, Calif., Nov. 6, 2012 /PRNewswire/ — Aviat Networks, Inc. (NASDAQ: AVNW), a leading expert in microwave networking solutions, today announced that it will be exhibiting at AfricaCom 2012, November 13-15, in Cape Town, South Africa. The company will highlight its LTE-proven microwave solutions at this leading telecommunications conference in Africa. For Africa’s mobile operators planning their rollout of LTE wireless technology, this is an important opportunity to learn about the advantages of Aviat’s LTE-proven technology. Aviat’s understanding of large national LTE deployments provides relevant lessons for all African operators who are modernizing their networks to add capacity, reduce complexity and migrate to IP—all of which will be critical for the eventual introduction ...

6Nov

By Africa BusinessNo Comments

Energy, Green Energy, South Africa News

Serving up a POWER-GEN-sized slice of colossal Kusile

As part of the inaugural POWER-GEN Africa, taking place at the Sandton Convention Centre from 6-8 November, an intrepid group of delegates had a unique opportunity to visit Kusile, which once operational will be the fourth largest coal-fired power installation in the world. By its scheduled 2018 completion date the station, located in Mpumalanga province, will have a total capacity of 4800 MW. The first of its six 800 MW units is due to commence operations in 2014. Under development by South African state-owned utility Eskom, Kusile is the country’s most technologically advanced coal plant and will be the first to feature flue gas desulphurisation (FGD), a key environmental objective for Eskom. A base-load facility, Kusile forms part of Eskom’s plan to increase...

6Nov

By Africa BusinessNo Comments

African News, South Africa News

Google conference attracks over 800 industrial experts

By Thandisizwe Mgudlwa The popular Google Conference makes its return to Cape Town next week. And tech enthusiasts are expected to gather at the Pavillion Conference Centre, Victoria & Alfred (V&A) Waterfront in Cape Town on 12th-13th November. This meeting of experts in the various industries will be the third G-South Africa event presented by Google. Also, the two day conference will host over 800 business people, marketers, entrepreneurs and web developers, together with Google experts from around the globe, to share tools and best practices for digital marketing and web development. “G-South Africa represents Google’s commitment to driving the web forward in South Africa and across the continent, as well as highlighting the business opportunities that are brought...

6Nov

By Africa BusinessNo Comments

African News

Lubricant Demand Growth Stalls in Mature Markets, Strong Growth on the Horizon for New Emerging Markets, Sees Kline

PARSIPPANY, N.J., Nov., 2012 /PRNewswire/ -- Despite the challenges of a precarious economic environment, the 2011 global lubricant market grew a resilient 2%, with global lubricant demand estimated at 38.6 million tonnes. This growth was largely fuelled by the BRIC countries' resurgent industrial activity and expansion in the commercial and passenger vehicles sales, according to the recent Global Lubricants: Market Analysis and Assessment report by international consulting and research firm Kline & Company. The United States remains the largest lubricant market, but its near 22% global share continues to decrease. China and India are the next biggest markets with a combined total of over 26%, with Russia's consumption expected to surpass Japan's and consequently be the fourth...

6Nov

By Africa BusinessNo Comments

African News, Nigeria News, South Africa News

Having cracked the feature phone challenge, 2go heads for smartphones

Mobile social network 2go is extending its successful feature phone app to smartphones, while growing its team of software developers and support staff. 2go currently has over 10 million active users who send more than 6 billion messages a month, mostly on lower-end feature phones in Nigeria and South Africa. “Feature phones have been an incredibly successful platform for us and will continue to be so for the next few years at least,” says Alan Wolff, who founded 2go with fellow student Ashley Peter while still at university. “Research firms such as Informa indicate that by 2015 there will still be 5.6 feature phones in the African market for every one smartphone. But now is the right time to start extending to iOS, Blackberry and Android platforms as well.” The secret to 2go...

6Nov

By Africa BusinessNo Comments

African News

Africa Beverage Forecasts September 2012

NEW YORK, Nov., 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue: Africa Beverage Forecasts September 2012 http://www.reportlinker.com/p01023927/Africa-Beverage-Forecasts-September-2012.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=Beverage Product Synopsis Latest historical and forecast consumption trends for key beverage categories. Introduction and Landscap0065 Extracted from Canadean's Global Beverage Forecasts report, Africa Beverage Forecasts includes data tables for Nigeria and South Africa, plus a regional summary. Aggregated totals for non-profiled countries are also given to obtain a complete regional picture. Product analysis is broken down in to 19 beverage categories (packaged ...

6Nov

By Africa BusinessNo Comments

African News

IAMGOLD Fatality in Burkina Faso, West Africa

TSX: IMG NYSE: IAG TORONTO, Nov., 2012 /PRNewswire/ - IAMGOLD Corporation ("IAMGOLD" or the "Company") regrets to report that a gardener employed at our exploration office in Ouagadougou, Burkina Faso, drowned on November 1, 2012. The Company immediately notified all relevant government authorities and other stakeholders in Burkina Faso and is reviewing its safety precautions across the Company for its care and maintenance workers. The thoughts of management in Burkina Faso and throughout the company are with the family, friends and co-workers of the deceased. About IAMGOLD IAMGOLD (www.iamgold.com) is a leading mid-tier gold mining company producing approximately one million ounces annually from five gold mines (including current joint ventures) on three contine...