On the 16th & 17th October 2012 the second Clean Technology business and investment matchmaking conference for the African continent is to be held at the Killarney Country Club in Lower Houghton, Johannesburg, South Africa. Called “Viridis Africa”, the event is dedicated to entrepreneurs and corporates who are seeking funding to introduce clean technology solutions and services. Principals who present their business opportunities at this event would have the audience of numerous local and foreign investors, stratified according to their interest and investment criteria. Investors would include venture capital, private equity, project and corporate finance outfits and others dedicated to... Continue Reading
By Nawa Mutumweno – Economic growth is expected to remain robust in 2012 at around 7.7 percent and inflation to remain close to 6 percent, with the Government planning to widen the fiscal deficit (but reduce net domestic borrowing) and have tightened monetary policy in line with achieving these objectives. Economic conditions remain favourable and there has been little impact to date from the European crisis. Zambia has achieved sustained high growth and macroeconomic stability over the last decade, but poverty remains high. Inflation has declined to single-digit levels, international reserves have grown to a comfortable position, and debt is... Continue Reading
By Nawa Mutumweno – Five investors have expressed interest in the development of the $223 million power transmission inter-connector project to link Zimbabwe, Zambia, Botswana and Namibia (ZiZaBoNa). According to a statement issued by SADC Secretariat Water Division and Infrastructure Service Directorate communications officer Barbara Lopi, the potential investors revealed their interest in the project at a recent investors’ roundtable held in Swakopmund, Namibia recently. The project which is being promoted as part of SADC regional integration has the capacity to increase power trading among participating utilities in addition to providing an alternative route and assist decongest the existing central... Continue Reading
Intertek, the global quality services provider, has appointed Greg Dinkelman as business development manager to expand the company’s calibration and metering service offering in Sub Saharan and West Africa. Based in Cape Town, South Africa, Mr Dinkelman is responsible for developing the business as part of Intertek’s growth strategy, which will also see the development of local offices in the region. The company already has plans to open a calibration laboratory in Ghana in the coming months. Mr Dinkelman joins Intertek with over ten years’ experience in the industry, in both management and in the field, and is ideally placed... Continue Reading
Australia based Instinct Energy will be revealing results of its initial Coal Bed Methane (CBM) well operation in Namibia at the Unconventional Gas Aberdeen 2012 conference. The private energy company is one of the first to venture into onshore drilling for CBM in Namibia and is confident that there is a promising opportunity for extracting gas from coal seams located in the Huab Basin near the North West coast. Executive Chairman of Perth headquartered Instinct Energy, Ian Tchacos, will present results and findings at the event in Aberdeen on November 27 and 28. He said: “We are a frontrunner in... Continue Reading
