Robert Downey Jr. to receive a paycheck north of $80 million along with perks for next two ‘Avengers’ movies
Marvel is revisiting familiar territory in a bid to recapture its former glory, reuniting with franchise star Robert Downey Jr. and the Russo brothers, who directed Avengers: Infinity War and Avengers: Endgame, the studio’s most successful film. Variety indicates that Marvel is shelling out $80 million for Anthony and Joe Russo to direct Avengers: Doomsday and Avengers: Secret Wars. The Russos will also produce the films through their AGBO banner, a rare move for Marvel, which usually prefers in-house teams. Downey, whose portrayal of Tony Stark in Iron Man (2008) was pivotal to Marvel’s rise, enjoys a contract replete with perks. Their two Avengers films grossed a staggering $4.851 billion combined.
Source:The North Africa Journal
July 30, 2024 16:50 UTC
Enterprise network provider BB1 broadens mobile, IoT options
Enterprise-focused network operator BroadbandOne (BB1) expanded its infrastructure for mobile and IoT services as part of the release of a connectivity option for US businesses which includes a focus on rural areas. BB1 expanded infrastructure covering frequencies in the 28GHz band, local multipoint distribution service (LMDS) spectrum (which spans the 29GHz to 31GHz range) and 2.5GHz, along with CBRS and LoRaWAN for IoT use cases. The company stated it is “actively deploying” its network in 19 US states, “with a concentrated focus on tier-2, tier-3 and rural markets”. BB1 CEO Eric Watko said the service uses the “power of mmWave-licensed spectrum” through its telco-as-a-service model, providing businesses with “scalable and secure network” products. It stated its significant spectrum holdings are key to providing high-performing private 5G networks and roaming services, along with IoT connectivity.
Source:The North Africa Journal
July 30, 2024 16:49 UTC
France backs autonomy plan under Moroccan sovereignty as “only basis” for a solution to Sahara conflict – The North Africa Post
France has expressed a clear-cut support for Morocco’s territorial integrity and sovereignty over the Sahara territory, while backing the autonomy plan as “the only basis” to find a lasting solution to the conflict. France will act according to this position in support of Morocco’s territorial integrity “domestically and at the international level,” President Macron said. “For France, autonomy under Moroccan sovereignty is the framework within which this issue (Sahara issue) must be resolved. France will support it in this process for the benefit of the local populations.”“It’s time to move forward. These should be the beginning of a renewed regional integration process, promoting cooperation, stability and prosperity in the Maghreb,” President Macron said.
Source:The North Africa Journal
July 30, 2024 16:25 UTC
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Is Kim Jong Un's health deteriorating? What does it mean for North Korea? – Firstpost
North Korean leader Kim Jong Un is reportedly facing serious health issues due to obesity, with recent intelligence suggesting he weighs around 140 kilogrammes. File Image/ReutersRecent reports indicate that North Korean leader Kim Jong Un is facing significant health challenges due to his increasing weight. Both his father, Kim Jong Il, and grandfather, Kim Il Sung, died from heart-related issues. Kim Jong Un’s health is not just a personal concern; it carries significant political implications, especially since he has not officially designated a successor. Kim Jong Un’s weight gain, coupled with his family history and lifestyle, poses serious health risks.
Source:The North Africa Journal
July 30, 2024 15:56 UTC
Egypt dominates in Global Startup Awards' North African edition with 11 wins
Cairo – July 30, 2024: With the highest number of total winners, Egyptian startups and influential figures secured 11 wins at this year’s North African portion of the Global Startup Awards (GSA). These startups will compete at the regional level with African finalists to be crowned in October at the GSA Africa Summit in Addis Ababa, Ethiopia – GSA Africa’s host nation for 2024. A premier stage for startups, the GSA aims to showcase innovative solutions, helping starups attract investments and gain international visibility. Egypt’s Jadeed Climate Tech was named as Startup of the Year and Best Mobility & Logistics, followed by Neqabty as Best Newcomer. The GSA awarded PharmacyMarts as HealthTech Startup of the Year, AgriCash as Best AgriTech, and Ultrateb as Youth Startup of the Year.
Source:The North Africa Journal
July 30, 2024 15:49 UTC
South Africa Confident Of U.S.Trade Status
South Africa’s Trade Minister Parks Tau has expressed confidence that his country will maintain preferential trade status with the U.S. Lawmakers have criticized South Africa for its relationship with Russia and its criticism of Israel in the Gaza conflict. Need to Step Up Engagement“I am confident that AGOA will continue and that South Africa will stay in AGOA,” Tau told media persons. In addition, U.S. trade officials said on Monday that they had positive discussions with the South African delegation. Joy Basu, U.S. State Department’s Deputy Assistant Secretary for African Affairs, said that South African partners have heard the concerns.
Source:The North Africa Journal
July 30, 2024 14:19 UTC
Steam turbines can support the energy transition in South Africa
As an example, steam turbines will soon be assisting Sappi Saiccor to generate 45MW of its own electricity. Steam turbine technology. Steam turbines – FAQsWhat does a steam turbine do? Coupled with a generator, steam turbines convert steam energy in steam into rotary motion which is then converted into electricity. Steam turbines have a higher thermal efficiency than gas turbines.
Source:The North Africa Journal
July 30, 2024 13:18 UTC
Tunisia signs agreements to progress six green hydrogen projects with nine European companies
Tunisian energy minister Fatima Thabet Chiboub chairs a meeting with senior executives from the foreign developers that signed the MoUs. Photo: Ministry of Industry, Mines and Energy, Tunisia
Source:The North Africa Journal
July 30, 2024 12:24 UTC
NewSpace Systems Announces Leadership Changes and Expansion
NewSpace Systems Announces Leadership Changes and Expansion | In In News | By By Mustapha IderawumiJames Barrington-Brown, NewSpace Systems Global Chairman. Source: NSSNewSpace Systems (NSS), a multinational manufacturer of spacecraft components and sub-systems, has announced significant leadership changes as part of its ongoing growth and expansion strategy. Tanya Lerm, NewSpace Systems CEO at the South African headquarters. Thus, interested candidates can explore open positions and join the team shaping the future of GNC products at NSS. About NewSpace SystemsNewSpace Systems (NSS) is a leading manufacturer of spacecraft components and subsystems, focusing on Guidance, Navigation, and Control (GNC) products.
Source:The North Africa Journal
July 30, 2024 12:13 UTC
Stellantis Pro One Market Share Leader in 3 Regions: Europe 30, South America and Middle East & Africa
AMSTERDAM – In the first half of 2024, Stellantis Pro One captured the top spot (vs. 2023) in Europe 30 (EU 30), South America and now the Middle East & Africa region. “Today’s results reflect the soundness of our commercial vehicles strategy,” said Xavier Peugeot, Stellantis Senior Vice President of Commercial Vehicles Business. 1 company in three regions, Stellantis Pro One and Stellantis’ brands recorded several other highlights in the first half of 2024, including:EU 30:Stellantis Pro One No. 1 in commercial vehicles with a 22.2% market share and with a 30.8% segment share in the van segmentFIAT No. 5 Ram; FIAT LCV brand leader with 39.7% market share; Ram Top 5 pickups with 7.3% market share led by RampageNorth America:Stellantis Pro One No.
Source:The North Africa Journal
July 30, 2024 12:03 UTC
Six intercontinental power links that want to reshape the world of energy
Six intercontinental power links that want to reshape the world of energyThe next generation of interconnectors will be not just international but intercontinental, with huge implications for renewable energy
Source:The North Africa Journal
July 30, 2024 12:01 UTC
King Mohammed VI turns Morocco into Africa’s first tourist destination – The North Africa Post
The tourism sector, in particular, made major leaps forward turning the country into Africa’s most popular tourist destination and one of the most competitive in the mediterranean region. In the first half this year, Morocco unseated Egypt by becoming Africa’s first tourist destination with 7.4 million visitors, letting tourism officials in the country express optimism to break a new record this year. By 2030, the year Morocco will co-host the World Cup together with Spain and Portugal, the country expects to attract 26 million tourists. This steady increase in arrivals translates into higher foreign currency inflow, with receipts in 2023 at a record $10.5 billion. Currently representing 7% of Morocco’s GDP, the expansion of the tourism sector will offer jobs to Moroccan youth with many more indirect jobs created in the catering, entertainment and other related sectors.
Source:The North Africa Journal
July 30, 2024 11:32 UTC
Ghana: Solar energy to provide electricity at three hospitals
Three hospitals in Ghana have been fitted with solar systems to ensure an uninterrupted electricity supply which is set to improve healthcare services. It was developed and implemented in partnership with Tradeworks Limited, a local solar energy company. Solar energy for hundreds of healthcare centres across DRC91 hospitals in Ghana have unpaid electricity billsIn March, the Ghana Ministry of Health confirmed to local media that it is in ongoing discussions with the Electricity Company of Ghana (ECG) aimed at resolving the outstanding debts owed by 91 hospitals. Hospitals in Ghana not exempt from being cut offLast year, Philip Agbezudor, the Public Utilities Regulations Commission (PURC) Regional Manager, said hospitals were not exempted from power and water disconnection. “By providing adequate, reliable, renewable electricity, mobile health facilities can operate over extended hours.
Source:The North Africa Journal
July 30, 2024 11:07 UTC
South Africa backs Juba’s push for ceasefire talks in Sudan
July 29, 2024 (JUBA)- South Sudan’s push for ceasefire talks among the rival factions involved in Sudan’s conflict has received support from South Africa. South Africa’s President Cyril Ramaphosa has vowed to work with his South Sudan counterpart, Salva Kiir to ensure peace and stability returns to Sudan. The South Sudanese Foreign Affairs minister, Ramadan Mohamed Abdallah Goch said Kiir continues to advocate for a peaceful settlement of Sudan’s war. The South Sudanese leader also briefed his South African counterpart on the progress made at the Tumaini peace initiative taking place in Nairobi, Kenya. The talks will include the African Union, Egypt, the United Arab Emirates (UAE), and the United Nations as observers.
Source:The North Africa Journal
July 30, 2024 10:26 UTC
Hapag Lloyd announces rate increase from India to Africa and Mediterranean
Hapag Lloyd announces rate increase from India to Africa and MediterraneanHapag Lloyd has announced increase in ocean freight rates from India, Pakistan to North Africa and the Mediterranean markets.
Source:The North Africa Journal
July 30, 2024 10:23 UTC