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9Nov

By Africa BusinessNo Comments

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

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, 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

By Africa BusinessNo Comments

African News, Malawi News

Airtel Malawi delights two customers with cash prizes

By Chancy Namadzunda Airtel Malawi handed over K1.5 million to two customers who were grand winners in the Airtel Rising Stars Promotion which ended a few months ago. The two, Pamba Ngulube and Nancy Kuntha Yolamu came tops in the ARS and Lololo Fiesta respectively. They were supposed to fly to England to watch the English Premeir League game this month but failed to travel because they have denied a Visa. Airtel Malawi Public Relations Manager Edith Tsilizani said the company is proud because the prizes will make a difference in their subscribers' life. "What matters most to us is to make our customers happy. Though they failed to fly, the altenative prize will make a difference. "We want to demonstrate that everybody in Malawi can unleash the opport...

8Nov

By Africa BusinessNo Comments

African News

POST SHOW REPORT 2012: ASIA’S LARGEST EXHIBITION & CONGRESS FOR AESTHETIC MEDICAL DISCIPLINES

Post Show Report ( .pdf Acrobat Reader) 13-15 SEPTEMBER 2012 Sands Expo and Convention Center, Marina Bay Sands, Singapore 4th Edition: POST SHOW REPORT 2012 ASIA’S LARGEST EXHIBITION & CONGRESS FOR AESTHETIC MEDICAL DISCIPLINES - Aesthetic Dermatology - Anti-aging Medicine - Aesthetic Plastic Surgery - TST Triangular Meeting - Aesthetic Dentistry - Professional Beauty 16 European CME credits 14 CPE Dental Credits Organised by Partnered by In association with Supporting Organisation Platinum Sponsor Gold Sponsor +65 6411 7743 (DID) / +65 6411 7777 aestheticasia@informa.com www.aestheticsasia.com Aesthetic...

6Nov

By The African Press OrganizationNo Comments

Science

Oncobiologics and Boston Oncology Team Up to Deliver Biosimilar Therapies for Cancer and Immune Disease to Middle East and North African Markets

CRANBURY, N.J. and CAMBRIDGE, Mass., Nov. 6, 2012 /PRNewswire/ — Oncobiologics, Inc. and Boston Oncology, LLC today announced a strategic partnership that will allow Boston Oncology to license, manufacture, and commercialize four of Oncobiologics’ biosimilar therapies for cancer and immunological disease in the Middle East and North African (MENA) regions. Under the agreement, Boston Oncology—a pharmaceutical company that localizes advanced technologies and manufacturing expertise in the developing world—will provide Oncobiologics with upfront licensing payments and development milestone payments, along with royalties after the medicines are commercialized. Boston Oncology plans to oversee clinical trials and the development of manufacturing facilities for these therapies in various MEN...

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, 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...

5Nov

By Africa BusinessNo Comments

African News

PanAtlantic Exploration Company Adopts Paradigm’s Subsurface Software Suite for International Deepwater Exploration and Production Projects

Paradigm solutions to improve cycle times and enhance subsurface reliability. [05-November-2012] LAS VEGAS, Nov. 5, 2012 /PRNewswire/ — Paradigm™ (www.pdgm.com) announced today that PanAtlantic Exploration Company has adopted Paradigm geophysical and petrophysical applications for all of its exploration and production work in the deepwater environments of Brazil and Africa. PanAtlantic will use the Paradigm solutions for every step in the upstream workflow, from seismic processing and imaging through interpretation and modeling, reservoir characterization, reservoir engineering, and well planning and drilling engineering. The announcement was made at the 2012 SEG International Exposition and 82nd Annual Meeting, Las Vegas. (Logo: http://photos.prnewswire.co...

5Nov

By Africa BusinessNo Comments

African News, Malawi News

Malawi Economic Conference Affirms Recent Policy Reforms and Calls for Additional Measures to Achieve More Inclusive Growth

LILONGWE, Malawi, November 5, 2012/African Press Organization (APO)/ – The Malawi Ministry of Finance, the Reserve Bank of Malawi and the International Monetary Fund jointly organized a conference in Lilongwe during November 2-3, 2012 aimed at discussing strategies for enhancing the implementation of Malawi’s Economic Recovery Plan (ERP). The high level conference was held under the theme “Toward More Inclusive Growth.” The conference which was opened by Her Excellency President Joyce Banda attracted leaders from the Executive and Legislative branches of Government, and representatives of civil society, labor, business, academia and Malawi’s development partners. In her address, President Banda charged participants to review critically the ERP implementation strategy and come ...