KARAM Safety, through its African wing completes its 1st international acquisition of HSE Solutions to strengthen global leadership position
VMPL New Delhi [India], August 8: KARAM Safety, through its African wing acquired HSE Solutions a prominent distribution company in the safety equipment industry in South Africa. This synergy will enable KARAM Safety to offer HSE Solutions' customers a comprehensive range of high-quality safety solutions tailored to meet their evolving needs while also providing significant market opportunities in the fast-growing PPE market. Commenting on the acquisition, Hemant Sapra, President, Global Sales & Marketing, KARAM Safety, said, "Marking our first step towards international acquisition, we warmly welcome HSE Solutions to the KARAM Safety family, aligning with our vision of global safety leadership and commitment to excellence. The integration of HSE Solutions into the KARAM Group positions the company to deliver value-added solutions to customers across various industries. KARAM Safety is a responsible brand that values empowering people, uplifting society and enriching the environment.
Source:The North Africa Journal
August 08, 2024 11:25 UTC
7 SA startups selected for Irish Tech Challenge
Seven South African tech startups have been selected for the third Irish Tech Challenge South Africa, which aims to forge mutually beneficial partnerships between South African entrepreneurs and Irish technology expertise, leveraging Ireland’s global tech hub status. The Irish Tech Challenge is run each year by the Embassy of Ireland in South Africa, in partnership with Wits University’s Tshimologong Digital Innovation Precinct, the Department of Science and Innovation (DSI), the Technology Innovation Agency (TIA) and Dogpatch Labs Ireland. This year’s challenge saw more than 350 entries from South African-owned, growth-stage tech start-ups focused on fulfilling the United Nations’ Sustainable Development Goals (SDGs). The seven selected start-ups will undergo an intensive pre-acceleration programme with workshops, masterclasses, and mentorship sessions in South Africa. We look forward to their journeys and the impact they will have in promoting inclusive economic growth in South Africa,” said Ambassador of Ireland to South Africa Austin Gormley.
Source:The North Africa Journal
August 08, 2024 09:37 UTC
Atlantic Tin completes acquisition of SAMINE
Atlantic Tin has completed of the acquisition of Société Anonyme d’Entreprises Minières, from Managem S.A. SAMINE owns the past producing El Hammam mine, including its infrastructure and tenements, located adjacent to the Achmmach Tin Project near Meknes, Morocco. “The acquisition of SAMINE is a major step forward in the development of the Achmmach tin project,” said Simon Milroy, CEO of Atlantic Tin. “The SAMINE processing plant already has a two-stage crushing plant, milling, flotation, thickening and filtering in place as well as power, water and communications. The use of the existing infrastructure also results in reduced environmental and social impacts.”“With the acquisition of SAMINE, Atlantic Tin will become an industry leader in lead-time, scale, capital intensity and cost position and will be positioned as a premier supplier of tin to the Atlantic basin and beyond. In addition to the existing processing plant, SAMINE has in place a 111 Km2 exploitation license along strike from the Achmmach project, which is highly prospective for tin.
Source:The North Africa Journal
August 08, 2024 09:03 UTC
SITA certification opens new opportunities for Cradlepoint in South Africa’s public sector – Intelligent CIO Africa
This significant milestone enables it to extend its connectivity solutions to South Africa’s public sector for the first time. “The SITA certification is a significant milestone for Axiz and Cradlepoint that opens new opportunities to support government’s Digital Transformation efforts,” said Adeshni Rohit, Executive at Axiz. She added that Axiz was pleased to bring the same level of innovation and reliability to the South African public sector that Cradlepoint has delivered to other governments around the world. Axiz is Africa’s largest technology solutions distributor and sole distributor of Cradlepoint solutions in the country. The partnership brings new opportunities for digital innovation in both the public and private sectors.
Source:The North Africa Journal
August 08, 2024 08:55 UTC
More funding going to female-founded and female-led African tech startups
The general share of total funding that goes to female co-founded and female-led ventures has increased over the last 12 months, the result of a much-improved 2023 when it comes to the percentage of capital going into such ventures, even as African startup funding declines overall. The level of representation of women within the leadership of African tech startups has increased over the last year, as had the percentage of funding going to female-run ventures, but progress is limited in its extent. In 2023, of the 406 African tech startups that raised funding, 107 (26.3%) had at least one female co-founder, and 62 (15.3%) a female CEO. Female co-founded ventures raised 16.6 per cent of total funding, while female-led startups secured 8.2 per cent of capital. However, there is work to be done in 2024 to ensure there is not another regression when it comes to the gender diversity of tech startup funding in Africa.
Source:The North Africa Journal
August 08, 2024 06:40 UTC
Olympics 2024: North Africans Morocco, Egypt in bronze medal duel | Men’s Football
Paris 2024 Olympics (Men’s Football):Bronze Medal Match (Thursday, 8th August):Egypt Vs MoroccoStade de la Beaujoire, Nantes (6 PM)The bronze medal in men’s football at the 2024 Olympics in France will head to Africa, particularly in North Africa. It is either Egypt or Morocco who will take the bronze medal after the third-place play-off match at Stade de la Beaujoire in Nantes. On the other hand, Morocco squandered the lead to fall 1-2 to Spain at the Stade Orange Velorome in Marseille. Egypt players celebrate at the Paris 2024 OlympicsQuotes:“It will be very difficult for us [against Morocco]. First the gold medal with Brazil [at Rio 2016], and now a bronze with Egypt.
Source:The North Africa Journal
August 08, 2024 06:07 UTC
Kyowa Kirin International and NewBridge Pharmaceuticals enter into agreement to improve access to medicines for rare disease patients across Middle East and North Africa
As part of the agreement, NewBridge will exclusively distribute the two products across MENA countries of Algeria, Iraq, Libya and Jordan. Jeremy Morgan, President of KKI, commented: “At Kyowa Kirin our purpose is to deliver life-changing medicines and make people smile. We are pleased to be entering into this agreement with NewBridge Pharmaceuticals who have a clear mission to transform the lives of MENA patients and their families. About CRYSVITA (burosumab)CRYSVITA (burosumab) is a recombinant human monoclonal antibody (mAb) that binds to the protein fibroblast growth factor 23 (FGF23). Frequent Expression of CCR4 in Adult T-Cell Leukemia and Human T-cell Leukemia Virus Type 1-transformed T cells.
Source:The North Africa Journal
August 08, 2024 04:59 UTC
Daybreak Africa: Kenya braces for more protests, President Ruto urges peace
On Daybreak Africa: Kenya braces for today’s so-called Nane Nane march. Plus, malnutrition surges in Nigeria’s Bauchi State. Today is a day of mourning for those killed during the EndBadGovernance protests in Nigeria. The UN Security Council says it will support the SADC mission in the Democratic Republic of Congo. For these and more, tune in to Daybreak Africa
Source:The North Africa Journal
August 08, 2024 03:39 UTC
Africa Energy Week to host Upstream Exploration & Production Forum in Cape Town
To stimulate further investment in Africa’s upstream sector, African Energy Week: Invest in African Energy 2024 – scheduled for November 4-8 in Cape Town – will host an Upstream Exploration & Production (E&P) Forum. AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Additionally, the Democratic Republic of the Congo continues its 2022 bid round with 24 onshore blocks, while Tanzania’s fifth licensing round features 26 blocks. Uganda’s third licensing round targets the Albertine Graben basin; Somalia’s 2024 licensing round offers 26 offshore blocks; and Kenya’s first licensing round features 45 blocks. Speakers include senior government representatives from Mining, Mineral, and Energy Development of South Africa, Namibia’s Ministry of Mines and Energy and Angola’s National Agency of Oil, Gas and Biofuels.
Source:The North Africa Journal
August 08, 2024 02:13 UTC
UN Security Council pledges support for SADC’s Congo mission
The United Nations Security Council says it will support the Southern African Development Community Mission in the Democratic Republic of Congo. The Council adopted a resolution Tuesday authorizing the UN Organization Stabilization Mission in the Democratic Republic of the Congo (MONUSCO) to provide operational and logistical support to the SADC Mission in the country. Edgar Githua, international security and diplomatic expert at the US International University in Nairobi, tells VOA’s Douglas Mpuga, the UN support is crucial to stabilizing the DRC
Source:The North Africa Journal
August 08, 2024 02:00 UTC
Two 60MW solar PV power plants for Tunisia
Tunisia: Government to buy electricity from solar PV energy unitNandita Parshad, Managing Director of the EBRD’s Sustainable Infrastructure Group, said they are proud to partner with the two companies on their first utility-scale solar projects in Tunisia. The Global Forum on Sustainable Energy (GFSE) cites a study saying Tunisia has potential to create 840GW of solar PV projects and 1,000GW of concentrated solar power. How much solar energy projects does Tunisia have in the works? What is the private sector representation in renewable energy projects in Tunisia? The ITA says by 2017 the government of Tunisia had awarded 24 solar projects of 10MW each, two solar projects of 50MW each, two solar projects of 100MW each, one solar project of 200MW, and four wind projects of 30MW each to private companies, but most have not yet come online.
Source:The North Africa Journal
August 08, 2024 01:49 UTC
Nigerians mourn protest victims
In Nigeria, today is the day of mourning for those killed during the EndBadGovernance protests around the country. Nigerians are asked to wear black to honor the dead. This comes as President Bola Tinubu appealed to Nigerians for the second day this week to abandon protests and give his administration’s reform policies time to work. Peluola Adewale, National Mobilization Officer of what he calls the Joint Action Front, tells VOA’s James Butty, the 10 days of rage will continue until Saturday, and thereafter, the organizers will decide what happens next
Source:The North Africa Journal
August 08, 2024 01:48 UTC
Krispy Kreme set to open in Morocco
— Just days after unveiling a joint venture in Spain, Krispy Kreme Inc. has announced its first location in Morocco through a partnership with franchisee Americana Restaurants International PLC. Plans call for Krispy Kreme and Americana to open a shop on Aug. 9 in the Arribat Centre shopping center in the Moroccan capital of Rabat. Americana, whose restaurants are located in the Middle East, North Africa and Kazakhstan, had partnered with Krispy Kreme to open its first location in Jordan, in the capital of Amman, in October 2022. Krispy Kreme said it is collaborating with Moroccan suppliers for a “significant portion” of its ingredients and materials, including sustainable and “mutually beneficial” relationships with local communities and producers. Globally, Krispy Kreme also recently announced planned expansions in Germany, Brazil and France.
Source:The North Africa Journal
August 08, 2024 01:28 UTC
Spain’s CITCO chief hails sound security cooperation with Morocco – The North Africa Post
Manuel Navarrete, the director of Spain’s Center for Intelligence against Terrorism and Organized Crime (CITCO), has praised the ongoing security collaboration between Spain and Morocco. He further underscored that this collaboration is crucial in addressing a range of security threats, including organized crime, terrorism, and irregular immigration. Navarrete highlighted the particular importance of joint efforts in combating irregular immigration. “The fight against irregular immigration is a key area of this sustained bilateral cooperation,” he noted. The Spanish official also pointed out that the model of cooperation established with Morocco is significant and should be replicated with other nations.
Source:The North Africa Journal
August 08, 2024 00:34 UTC