COMPANIES

THE INDIAN OCEAN NEWSLETTER n°1281 - 13/03/2010 BUSINESS CIRCLES/COMPANIES PAE Group For the last few weeks, PAE Group (a subsidiary of Lockheed Martin) has been working with the American army and the Students in Free Enterprise (SIFE) team at Syracuse University (SU) on a programme to train American servicemen and members of the administrative staff at the Camp Lemonnier US military base in Djibouti. (...)  [132 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1281 - 13/03/2010 BUSINESS CIRCLES/COMPANIES Dowans Holding After nearly a year of discussing the terms of the contract to buy electricity concluded with the Arab-owned company Dowans Holding, the Tanzanian government is once again considering buying its turbines outright. (...)  [182 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1281 - 13/03/2010 BUSINESS CIRCLES/COMPANIES Rural Road Technology The construction of roads in rural zones is often left behind by Madagascar’s international donors, who prefer to concentrate their efforts on the national roads. (...)  [86 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1281 - 13/03/2010 BUSINESS CIRCLES/COMPANIES Comoro Gulf Holding The company headed by Bashar Kiwan was present en masse at the Comoros investment and development conference which has just taken place in Qatar. (...)  [92 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1281 - 13/03/2010 BUSINESS CIRCLES/COMPANIES Rede Eléctrica Nacional The governments of Portugal and Mozambique have reached an agreement on the conditions for selling 15% of the firm Hidroelectrica de Cahora Bassa (HCB), which operates the dam and hydro-electric power station with the same name. (...)  [107 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1280 - 27/02/2010 BUSINESS CIRCLES/COMPANIES R.J. Burnside The Canadian consulting company R.J Burnside International Ltd has just formed a subsidiary in Mozambique whose activity will be centred on providing technical assistance and consultancy in areas related to water. (...)  [106 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1280 - 27/02/2010 BUSINESS CIRCLES/COMPANIES Tecma Just when textiles firms in Madagascar are having problems because the American government has suspended the AGOA (African Growth Opportunity Act) for Madagascar, the French entrepreneur Philippe Boyé is building a new factory in Antananarivo. (...)  [127 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1280 - 27/02/2010 BUSINESS CIRCLES/COMPANIES SABMiller After it had had a survey of the beer sector in Kenya carried out by the market research company Synovate (Kenya), the firm South African Breweries (SABMiller) is now looking for ways of getting a foothold in the country (ION 1279). (...)  [123 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1280 - 27/02/2010 BUSINESS CIRCLES/COMPANIES Agama Energy The small consulting company, Agama Energy, which was founded ten years ago by Glynn Morris and Gregory Austin and is based in Cape Town, has been given the task of rethinking the white paper on South African policy on renewable energy. (...)  [103 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1280 - 27/02/2010 BUSINESS CIRCLES/COMPANIES BCI-Fomento The number two commercial bank in Mozambique, with a 24% share of the market, the Portuguese Banco Comercial e de Investimentos (BCI-Fomento) is to obtain a credit line worth $ 30 million from the International Finance Corporation (IFC, part of the World Bank). (...)  [106 words]  [$1.8]   THE INDIAN OCEAN NEWSLETTER n°1281 - 13/03/2010 BUSINESS CIRCLES/COMPANIES Mada Aust Sarl The mining companies have not escaped from the crisis in Madagascar. (...)  [108 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1281 - 13/03/2010 BUSINESS CIRCLES/COMPANIES Noventa Ltd We have received an email on 9 March from Eric F. (...)  [117 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1281 - 13/03/2010 BUSINESS CIRCLES/COMPANIES Assist Security At the same time as he created the company Technologie d’avant-garde Internet protocole (TAG-IP) at the beginning of the year jointly with the businessman Alain Moyon (ION 1278), Marc Rivera joined Assist Security, another company in the Assist Developpement group. (...)  [66 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1281 - 13/03/2010 BUSINESS CIRCLES/COMPANIES Spencon International Ltd The construction company founded by two Kenyans of Asian extraction, J. (...)  [104 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1281 - 13/03/2010 BUSINESS CIRCLES/COMPANIES Elsewedy Electric The Egyptian company in the electricity sector, Elsewedy Electric, which had a very poor year in 2009, is now looking for new markets internationally. (...)  [72 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1280 - 27/02/2010 BUSINESS CIRCLES/COMPANIES United Technologies The Italian company specialised in trading in ore and transforming industrial products, United Technologies, has decided, at least provisionally, not to implement the deal it had concluded at the end of December with Kraomita Malagasy (Kraoma), owned by the Malagasy State (see alert sent to subscribers on 4 January 2010). (...)  [119 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1280 - 27/02/2010 BUSINESS CIRCLES/COMPANIES Puma Energy Moçambique The oil trader Puma Energy, which is owned by Trafigura Beheer BV, and which already has a subsidiary in Maputo called Petrobeira, has just created a new company called Puma Energy Moçambique Lda. (...)  [103 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1280 - 27/02/2010 BUSINESS CIRCLES/COMPANIES Nakumatt Atul Shah, the managing director of the largest supermarket chain in East Africa, Nakumatt, will have to find a new strategic partner to bring into his company’s capital. (...)  [63 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1280 - 27/02/2010 BUSINESS CIRCLES/COMPANIES Wijaya Baru Global Berhad The Wijaya Baru Global Berhad (WBGB) of Malaysia is going ahead with its building projects in Djibouti (ION 1257). (...)  [113 words]  [$1.8] THE INDIAN OCEAN NEWSLETTER n°1280 - 27/02/2010 BUSINESS CIRCLES/COMPANIES NGN Moçambique The South African company Next Generation Network Telecommunications Ltd, headed by Vulindlela Cuba who is the former chairman of the black economic empowerment group Safika Holdings, has gained a foothold in Maputo. (...)  [78 words]  [$1.8]