Leading human resource firm GlobalHunt said in its latest survey that Indian Banking Professionals are in great demand in Africa and the United Arab Emirates (UAE).

They are required for functions such as relationship management, sales and marketing, new product launch, back and front office operations and technology support across all levels given to their business acumen and devotion toward work.

GlobalHunt India Director Sunil Goel, said,  "Many companies in Africa and UAE are trying to attract Indian banking professionals, as they can handle volumes and have seen the full life cycle of banking in India from various transactions."

Bharti Airtel has started imitating the flourishing India telecom model in Africa and has even entailed in IBM to handle the calculating technology and services that influence its mobile phone network straddling 16 African nations.

The duo groups have endorsed an in-principle deal, with the agreement anticipated to be finalized by the fourth quarter. The 10-year settlement is projected to be merit of $1-1.5 billion.

Bharti Airtel and IBM have connected with each other to make over the budding African mobile communications market and stimulate economic progress athwart the continent. The 10-year accord in notion will expand pioneering relationship that started in 2004. IBM will deal with IT for Bharti Airtel's 16 maneuvers in Africa.

This is a foremost of its sort transaction in Africa to facilitate Bharti Airtel to release inventive and reasonable 2G and 3G mobile services athwart the continent.

The latest finding lists out the African ancestry's association linked with triple-negative breast cancer, and supposedly considered a difficult thing to be treated.

It was further stated that the case of triple negative breast cancer, which is a high leveled risk in cancer was found to be negative for three specific markers that aid in determining the remedial issues associated such as the estrogen receptor, the progesterone receptor and HER-2/neu.

Bharti Airtel said on Friday that it has shortlisted three multinational firms and two African IT companies for its billion dollar outsourcing contract in Africa.

This information was given by two sources close to the development while talking to ET.

Amongst the MNCs the big names are that if IBM, HP and Accenture. IBM currently handles the operations of Bharti in India and Sri Lanka.

The Indian tractor maker Escorts Ltd has moved its boat towards the African continent and is planning to expand its footprint in the region. It is believed that after the company has bagged a $40 million order to supply tractors to Tanzania, it has started to take more interest in the African market.

Moreover, a top official of the company recently said that the company will be expanding its presence in the African continent in the times to come.

India's top flexible packaging company UFLEX is ready to make ambitious foray in the African market with its high-tech facility in Egypt starting production this month.

Mr. Ashok Chaturvedi, chairman and managing director of UFLEX, stated, "We have set up a manufacturing unit in Egypt for producing flexible packaging material such as polyester films which would help us to cater to African countries more efficiently. We see Africa emerging as a big market."

Jay Shree Tea and Industries, a B.K. Birla Group company, is eyeing to get hold of a tea garden in Africa by the end of the existing financial year.

In April 2010, Jay Shree Tea had bought four gardens in Uganda and Rwanda.

Mr. D.P. Maheswari, company’s MD stated, “We expect to close the latest deal by the end of 2010-11. With all the acquisitions in place, we see our topline crossing Rs 500 crore in 2010-11.”

Men doubled their risk of HIV if their partner is pregnant and infected with human immunodeficiency virus, researchers in Africa have found.

It has been reported that researchers in Botswana, Kenya, Rwanda, South Africa, Tanzania, Uganda and Zambia, led by Dr. Nelly Mugo of the University of Nairobi and Seattle's University of Washington, looked at how pregnancy may affect transmission of HIV, the virus that causes the disease condition AIDS.

Emami group, the country's personal care and ayurvedic medicines major, is making entry into the African market not just in their customary business lines but also in contract farming and power generation.

According to the company's director, Aditya V. Agarwal, "In Ethiopia, Emami Biotech has been allotted 100,000 acres of land by the Investment Commission. We will cultivate edible and non-edible oil seeds and cereals like gram, maize, sunflower, soya and jatropha."

Gemini Communication announced that it has bought 100 per cent stake in Rosy Blue Wireless Africa (RBW), a telecom and internet service provider in Africa.

RBW is strongly placed to provide 4th generation wireless network infrastructure to African nations, a company report said.

The report said, "RBW, having the advantage of WiMAX spectrum, can leverage on the vast untapped market that exists in Africa in providing mobile Broadband connectivity."

The case centers on predatory lending involving African-Americans, a lawyer helping Baltimore sue Wells Fargo & Co. in a second round of litigation said.

The Baltimore Sun reported on Wednesday that attorney John Relman said, "Ultimately, the amount of damages in this case is far less significant than whether or not a jury says, 'You're right, Wells Fargo targeted an African-American community with predatory loans and they did it for reasons of greed."

As the Bharti Group has been able to quench its thirst for an African safari by the $10.7 billion deal to acquire Kuwaiti telco Zain's African operations, Sunil Bharti Mittal has recently named its top lieutenant Manoj Kohli to head the African operations.

Kohli, CEO- International and Joint MD, Bharti Airtel will be responsible for the fate of the dreams that Mittal has been weaving from the past couple of years.

African Barrick Gold Plc, an African subsidiary of Canadian miner Barrick Gold Corp., posted a weaker than expected initial public offering as the shares were priced at the lower end of the proposed price range.

The shares of the company were priced to at 575 pence. African Barrick Gold offered 101 million shares through this IPO.

Japanese pharmaceutical company Daiichi Sankyo has framed a major business plan for the next two years under which it plans to better synergize its functioning with its Indian subsidiary Ranbaxy Laboratories and spread out in Africa as well as Latin America.

Eyeing a turnover of $3 billion for Ranbaxy Laboratories by Dec 2012, Daiici stated that its Indian division will also set up its presence as the number one player in the country's prescription medicines and pharmaceuticals market.

Scientists said on Friday that a woman buried in the British city of York 16 centuries ago with signs of great wealth in her tomb was of African descent.

The Guardian reported that a research team examined skeletons excavated in 1901, using modern techniques. At least one-fifth of the bodies appeared to be immigrants or the descendants of immigrants who had come to York from far-flung parts of the Roman Empire, researchers said in an article published in Antiquity magazine.

Africa's steadfast growing mobile phone manufacturer, Mi-Fone, has entered the Indian telecom sector with its vivid range of new phones.

With a presence in 15 countries across Africa, Mi-Fone is playing in its second year of operations and it has already become a popular in the continent.

The thought to enter the Indian markets was in talks from past 1 year; however it has now got the flight to make a safe landing on the Indian soil after setting up proper distribution channel across the country.

Africa scales back demands:

In a deal brokered by British Prime Minister Gordon Brown, Ethiopian Prime Minister and African Union climate negotiator Meles Zenawi (and small island nations, it was assumed) would be willing to accept $100 billion per year till 2020 from developed countries to start with, as money for adaptation and emission reductions from 2013, to reach $50 billion per year by 2015 and $100 billion by 2020. As protests started outside, Zenawi implied Africa would not insist on government-to-government transfers, as it had been, settling instead for new methods like sale of emission rights and carbon taxes.

US offers money, not deal:

Abidjan (Ivory Coast), Nov 28 : Chelsea striker Didier Drogba has set himself the task of constructing a 200 bedded hospital in Abidjan, Ivory Coast, which will provide treatment currently unavailable in the country.

Drogba is raising 2.5million pounds and has donated the fee from his sponsorship deal with Pepsi towards the construction, staffing and supplies of the new hospital.

A star-studded charity ball is also being held at the Dorchester Hotel in London on Saturday with the aim of raising 500,000 pounds for the project.

Maputo - Three children were killed and two seriously injured in northern Mozambique after accidently exploding a mortar bomb left over from the country's past wars, a local newspaper reported Friday.

Noticias daily reported that the children in Niassa province found the explosive while they were playing on Tuesday and threw it against a tree, causing the device to explode.

Three children died instantly and two others were still being treated for their injuries at a hospital.