Topic: Business

Official market forecast for South Africa’s Wind Energy Industry released

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2015’s official Wind Energy Forecast for the South African market was released today detailing the key market trends in 2015 for wind energy in the country.  Leading experts from Vestas, Siemens, Barclays, and Green Cape discussed key questions facing this year’s wind energy market inside the 8 page report. This January, experts from across the industry were asked five key questions, focused on establishing what the main concerns were for the experts in relation to continuing the upward trajectory of South African Wind Energy Investment. The experts concluded there was a weak link in funding the necessary transmission upgrades and... Continue Reading

International Oil & Gas community to gather for the 19th Annual edition of Offshore West Africa

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The 19th Annual edition of Offshore West Africa Conference and Exhibition will open next week at The Eko Hotel & Suites, Lagos on 20‐22 January 2015 to an international audience of leading oil and gas industry professionals. Under the Auspices of the Nigerian National Petroleum Corporation, and Endorsed by the Department of Petroleum Resources Nigeria, and with Diamond Sponsor, TOTAL, Offshore West Africa will once again address key technology and development issues for the West African offshore oil and gas market, through a comprehensive educational conference program and three‐day exhibition, under the theme “Managing West Africa’s Major Projects”. As a... Continue Reading

Zambia’s Economic outlook for 2015

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By Nawa Mutumweno – Zambia’s economy in 2014 remained strong with preliminary real GDP growth of 6 percent; making the country the seventh and tenth fastest growing economy in sub-Saharan Africa and the world, respectively, Minister of Finance, Alexander Chikwanda has revealed. In a State of the Zambian Economy statement issued to the media in Lusaka on January 5, 2015, the minister said this is ‘’consistent with our ongoing vision of becoming a middle income prosperous nation by 2030.’’ This positive performance was driven by agriculture, manufacturing, construction, energy, transport, communication and the financial sectors. ‘’Preliminary data shows that mining... Continue Reading

Misconceptions about smartphones in Africa disproved by mobile social network 2go

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Disproving commonly held misconceptions about mobile technology in Africa, mobile social network 2go has achieved over 2 million monthly active users on its Android app in just over a year. Head of Product at 2go Peter Lockhart says the milestone reached by 2go for Android, which was launched mid-2013, is yet again positive proof that the African smartphone marketplace is not only viable, but thriving. Launched in 2009 2go has 50 million registered users, over 10 million of which are active on a monthly basis, sending 6 billion messages a month across Africa with the majority of users in Nigeria.... Continue Reading