Archive | January, 2014

General Electric, Nigeria’s Transcorp Ughelli sign electricity agreement

General Electric, Nigeria’s Transcorp Ughelli sign electricity agreement

US technology giant General Electric (GE) and Transcorp Ughelli Power Ltd (TUPL), power subsidiary of Transnational Corporation of Nigeria Plc (Transcorp), have recently signed an agreement to expand the capacity of TUPL’s Ughelli power plant by1000 Mega Watts over the next three to five years. The deal, signed at a closed door meeting between Transcorp […]

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200 Africa’s MBA students excel at Edinburgh Business School

200 Africa’s MBA students excel at Edinburgh Business School

A total of 200 African MBA students from the prestigious Edinburgh Business School will gather on February 8 in Johannesburg, South Africa, to celebrate their graduation ceremony, the UK-based institution announced this week in a statement. The Edinburgh Business School has been offering executive education in Africa since 1990 and currently has 3760 students with […]

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DHL ventures into unusual, strange deliveries

DHL ventures into unusual, strange deliveries

From delivering nine gorillas across two continents to transporting the Webb Ellis rugby trophy and a specific heart internal defibrillator, DHL’s deliveries just got unusual and stranger as the year 2013 progressed. In addition to these global shipments, a few more interesting packages which were delivered closer to home have come to light and are […]

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Sofitel opens new, heavenly hotel in Indonesia

Sofitel opens new, heavenly hotel in Indonesia

Accor-owned Sofitel has recently opened a new, ‘heavenly’ hotel in Bali, Indonesia, in its quest to continue expanding its luxury network across Asia. The Sofitel Bali Nusa Dua Beach Resort is a unique holiday retreat for business travellers and families with world-class facilities, combining French flair and warm Balinese hospitality and rich culture, the world’s […]

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Euronews to launch Africanews in Congo-Brazzaville

Euronews to launch Africanews in Congo-Brazzaville

Africanews, the first pan-African multilingual news channel, will be born in 18 months time from now (summer 2015) in Congo-Brazzaville, fathered by Euronews in collaboration of this country’s national TV station, Euronews announced on Monday evening from Lyon, France. The multicultural news channel, which will broadcast around the clock, is said to be the first […]

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DHL scoops Frost & Sullivan award for its Africa's commitment

DHL scoops Frost & Sullivan award for its Africa’s commitment

DHL, the global international express delivery company, has scooped the Frost & Sullivan award for market penetration in Sub-Saharan Africa, the company said this week. The top accolade was awarded for the company’s vast expansion programme in Africa and its continued commitment to the continent, the statement said. “Their foray into the informal retail market […]

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 Accor Hotels’ revenue grows by 2.8% in 2013, reaches 11.5-m euros

Accor Hotels’ revenue grows by 2.8% in 2013, reaches 11.5-m euros

Accor Hotels, the world’s biggest hotel chain, has seen its gross revenue grow by 2.8% in 2013, reaching 11.5 million euros, the group reported on Thursday from its Paris headquarters. Gross revenue corresponds to revenue from owned, leased and managed hotels and to room revenue from franchised hotels. The rise, which occurred despite the negative […]

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