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GE sees double-digit revenue growth in Africa

Fri, 11 May 2012 03:48:12 -0700
ADDIS ABABA (Reuters) - General Electric Co sees double-digit revenue growth in its Africa business over the next few years, its regional head said on Friday, as the U.S. firm targets rising demand for heavy equipment and power projects on the growing continent. Jay Ireland, GE's Africa chief executive, also told Reuters the company sees more opportunities in frontier African markets such as ...
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At least 3 illegal diamond miners die in S.Africa

Wed, 23 May 2012 05:59:41 -0700
JOHANNESBURG (Reuters) - At least three illegal miners were killed and 18 others trapped underground when a tunnel collapsed in a disused diamond mine in South Africa's Northern Cape province, police said on Wednesday. "One man was rescued and he survived the incident. Three are confirmed dead so far," provincial police commissioner Janet Basson said. The national rescue team was on the way to ...
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East Africa to join world gas giants

Sun, 20 May 2012 23:58:42 -0700
LONDON (Reuters) - To East Africa's assets of spectacular wildlife, abundant land and shimmering beaches you can now add gas - so much gas it could transform global energy flows along with some of the world's poorest countries. Finds announced just last week off Tanzania and Mozambique are estimated to hold enough gas to supply France, Germany, Britain and Italy for at least a year - possibly ...
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Africa: Security Essential for Development, Says President of Mozambique

Mon, 14 May 2012 23:42:23 -0700
[African Arguments] On 8th May 2012 the President of Mozambique, Amando Guebuza, spoke at the latest Oppenheimer lecture in London. Mr Guebuza came to London at the invitation of the Oppenheimer group and used the visit to meet David Cameron and other British and Mozambican dignitaries.
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G4S eyes Africa as resources sector booms

Thu, 03 May 2012 04:17:44 -0700
LONDON (Reuters) - G4S is targeting a rising number of opportunities in Africa's buoyant natural resources sector, as the world's largest security company ramps up expansion in emerging markets to drive growth. Africa's growing number of multibillion dollar oil, gas and mining projects in countries such as Angola, Mozambique and Nigeria are at the heart of G4S's plan to expand from its ...
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Mozambique power supply constrained until 2020

Thu, 26 Apr 2012 06:35:27 -0700
MAPUTO (Reuters) - Mozambique's electricity supply will stay limited until the end of the decade with demand rising rapidly and as new big hydro projects face delays, a senior official at state-owned utility Electricidad de Mocambique (EDM) said. Mozambique's current generating capacity is around 2,200 MW, mainly supplied by the Cahora Bassa hydroelectric dam. Most of that power is exported to ...
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Tongaat Hulett Ltd - Trading Statement

Tue, 22 May 2012 04:42:00 -0700
TONGAAT HULETT: TRADING STATEMENT FOR THE YEAR ENDED 31 MARCH 2012 Tongaat Hulett Limited (Registration number 1892/000610/06) Share code: TON ISIN ZAE000096541 TONGAAT HULETT: TRADING STATEMENT FOR THE ...
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Kentz signs Training Agreement with Mozambique Ministry of Labour

Tue, 01 May 2012 22:00:00 -0700
MAPUTO, Mozambique--(BUSINESSWIRE)-- Kentz Limitada, the Mozambique operating unit of Kentz Engineers and Constructors, is delighted to announce the signing of a long-term training agreement with the Mozambique ...
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Iowans aim egg operation at aiding African nation

Fri, 18 May 2012 09:01:56 -0700
Sioux Center, Iowa, businessmen Bruce Dooyema, Kris Visser and Eric Dooyema stand next to a brick-making machine that will be shipped this month to Mozambique. Residents there now make most bricks by hand.
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Ghana Autos Industry Performance in Q3 2012 Examined in New BMI Report Published at MarketPublishers.com

Wed, 23 May 2012 09:42:20 -0700
New market research report “Ghana Autos Report Q3 2012” worked out by Business Monitor International (BMI) has been recently published by Market Publishers Ltd. The report states that Ghana's autos market has grown rapidly in recent years owing to the economic growth and a developing middle class, and this momentum is expected to be sustained in 2012, with a projected 28% growth in vehicle sales ...
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