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Source:The North Africa Journal
July 02, 2024 20:46 UTC
USTR sticks to USMCA auto rules interpretation despite panel verdict
The U.S. on Monday made clear it does not intend to comply with a U.S.-Mexico-Canada Agreement dispute settlement panel ruling that faulted its application of the deal’s automotive rules of origin, warning that doing so would increase non-North American content in vehicles by up to 20 percent. The U.S. contends that core auto parts found to meet USMCA content requirement despite containing foreign content should not be counted as originating entirely in North America under the deal’s overall regional value...
Source:The North Africa Journal
July 02, 2024 18:38 UTC
TotalEnergies to exit gas discoveries offshore South Africa to focus on Namibian exploration
TotalEnergies to exit gas discoveries offshore South Africa to focus on Namibian exploration(Bloomberg) – TotalEnergies SE plans to exit its discoveries of gas-condensate offshore South Africa to prioritize exploration in other areas closer to Namibia, according to people familiar with the matter. The company will concentrate instead on exploring the Orange basin, located further north on the Atlantic coast of South Africa near promising offshore oil discoveries in Namibian waters, the people said. An exit from the discoveries would be a blow to South Africa, which lacks domestic sources of oil and gas. CNR International (South Africa) Ltd. has given notice that it will withdraw from its 20% interest in the discoveries, according to the statement. South Africa has struggled to bring oil and gas developments onstream in a timely manner amid legislative uncertainty.
Source:The North Africa Journal
July 02, 2024 17:39 UTC
Expect The Sahara Desert
Because of the same weather phenomenon, worsened allergy symptoms and more colorful sunsets are possible over the next few days. It’s the time of year when westward Atlantic trade winds are strong enough to carry dust from the Sahara Desert in North Africa to the U.S. A plume of Saharan dust reached Texas over the Gulf of Mexico on Monday. According to the Texas Commission on Environmental Quality, it should disperse northward and westward for another day or two. Locations nearest the Gulf Coast will be most affected, but some dust could reach Northeast Texas.
Source:The North Africa Journal
July 02, 2024 16:16 UTC
M23 rebels take control of key town in eastern DRC – The North Africa Post
The Tutsi-led rebels, known as M23, took control of Kanyabayonga, a strategic town in the east of the war-torn Democratic Republic of the Congo, where different armed groups operate. Kanyabayonga has been at the heart of clashes between DRC forces and the M23, since the latter took up arms in 2021. The M23 fighters were advancing towards the town of Kirumba, in North Kivu province, a key commercial center with more than 120,000 residents. The country’s mineral wealth, estimated at $25 trillion, has yet to be tapped into due to corruption and instability in the country’s east, where different rebellions are ongoing, notably that led by the M23 movement. The DRC, the UN and Western countries accuse Rwanda of supporting rebel groups, including M23, in a bid to control the region’s vast mineral resources, an allegation Kigali denies.
Source:The North Africa Journal
July 02, 2024 16:14 UTC
Celebrating Innovation and Collaboration in Africa’s Tech Ecosystem: Gitex Africa 2024 Post-Event Overview
The second edition of Africa’s premier tech and startup event, Gitex Africa 2024, concluded successfully in Marrakech, Morocco, on May 31st, 2024. The substantial participation in Gitex Africa 2024 highlighted the event’s stature as a crucial hub for innovation, networking, and collaboration. Smart Africa also hosted the inaugural Africa Digital Health Leadership Forum in collaboration with Gitex Africa and the Africa CDC. We were thrilled to witness the remarkable success of Gitex Africa 2024 and eagerly anticipate participating in Gitex Africa 2025 scheduled for April 14th to 16th, 2025. We interviewed Kunle Awosika, General Manager for Public Sector Africa at Microsoft, during Gitex Africa 2024.
Source:The North Africa Journal
July 02, 2024 15:52 UTC
OADC is a Proud Sponsor of Digital Finance Africa 2024
With the Digital Finance Africa 2024 conference a few days away, IT News Africa is excited to announce one of its sponsors: OADC Open Access Data Centres, which is participating as a cocktail sponsor in this prestigious annual event scheduled for Thursday 4th of July 2024 at The Maslow, Sandton in Johannesburg, South Africa. Open Access Data Centres (OADC) was established in 2018 with developmental support and funding from the IFC and Proparco for Africa. Group Key Milestones WIOCC and OADC lands 2Africa cable in Amanzimtoti in Durban, South Africa. About Digital Finance Africa 2024The 4th Digital Finance Africa conference is an essential gathering for leaders and innovators in the African financial sector. By focusing on practical solutions and strategic insights, Digital Finance Africa aims to spearhead advancements in financial technology and drive economic growth in the region.
Source:The North Africa Journal
July 02, 2024 15:33 UTC
African airlines report strongest demand growth in May
African airlines saw 18.4 percent year-on-year demand growth, measured in cargo tonne-kilometres (CTKs), in May – the strongest of all regions. Total air cargo demand rose by 14.7 percent in May compared to May 2023 levels (15.5 percent for international operations). Regional performanceAsia-Pacific airlines saw 17.8 percent year-on-year demand growth for air cargo in May. North American carriers saw 8.7 percent year-on-year demand growth in May —the weakest among all regions. Latin American carriers saw 12.7 percent year-on-year demand growth while capacity increased eight percent year-on-year.
Source:The North Africa Journal
July 02, 2024 15:26 UTC
Morocco readies for TotalEnergies CAF AFCON return after 36-year hiatus
But North African nation's recent experience in hosting major football events stands it in good stead, solidifying its reputation as a premier host for major football events. The country successfully hosted the 2018 African Nations Championship (CHAN), an exclusive tournament for players active in their national leagues. The triumph in this tournament highlighted both their on-field prowess and their capacity to host major events. With state-of-the-art stadiums, a football-mad population, and recent experience in hosting major tournaments, Morocco is poised to deliver an AFCON that could set new standards for the competition. As 48 nations await their fate in the qualifying draw, the journey to Morocco 2025 is about to begin, promising another thrilling chapter in African football history.
Source:The North Africa Journal
July 02, 2024 14:45 UTC
Renewables associations comment on Electricity & Energy Ministry
South Africa’s solar PV and wind industry associations have welcomed the appointment of Kgosientsho Ramokgopa as Minister for Electricity and Energy. “The Minister has a solid appreciation of the contribution that solar PV can and has made to the country’s electricity supply. “We look forward to again working alongside his Ministry to contribute to energy security by tapping into the abundant solar resources that the country can access. “This will also help unlock job opportunities and the many other opportunities that exist within the solar PV value chain,” said Melamu. Of interestSouth Africa and Morocco have greatest offshore wind energy potential in Africa“The new Ministry should prioritise overseeing the maintenance and expansion of the country’s electricity infrastructure, inter-departmental energy policy alignment, and stabilising the grid.
Source:The North Africa Journal
July 02, 2024 14:42 UTC
UNICEF: Central African Republic’s children are world’s most deprived
UNICEF: Central African Republic’s children are world’s most deprived Published on:Read < 1 minuteThe Central African Republic’s three million children are the world’s most deprived, with widespread malnutrition, inadequate healthcare access, and instability putting the country at high risk of a humanitarian crisis, UNICEF said on Tuesday. Half of the country’s children do not have access to health services, and almost 40 percent suffer from chronic malnutrition, the U.N. Children’s Agency said. With global attention focused on the war in Gaza and other conflicts, the plight of the African nation’s children has become “painfully invisible”, Meritxell Relano Arana, UNICEF representative in the Central African Republic, told reporters in Geneva. “The three million girls and boys of the Central Africa Republic face the highest registered level of overlapping and interconnected crises and deprivation in the world,” she said. The Central African Republic is now ranked as the country most at risk for sliding into a humanitarian crisis, she added.
Source:The North Africa Journal
July 02, 2024 14:37 UTC
Maersk North America Market Update - June 2024
News Maersk North America Market Update - June 2024 Share LinkedIn Facebook Twitter Email Copy link WeChat Aiming to provide relevant and up-to-date information to help you navigate your supply chain. For the time being, Maersk ships are continuing to divert around the Africa via the Cape of Good Hope in South Africa. Moller - MaerskPlanning for demand peaks around Lunar New Year helped soften the impacts of the Red Sea situation in the first quarter of 2024. Maersk has taken on these costs knowing that many of them will remain beyond the Red Sea situation. Air Freight Update In the global air cargo market, data released by the International Air Transport Association (IATA) continues to support profitability outlook improvement for 2024.
Source:The North Africa Journal
July 02, 2024 12:56 UTC
Nigeria enacts curfew after multiple suicide bombings killed or injured dozens – The North Africa Post
The Nigerian military imposed a curfew in Borno state after suspected female suicide bombers targeted a wedding, a funeral and a hospital in the restive Borno region, killing at least 18 and injured 30 others. Coordinated suicide attacks reportedly orchestrated by Boko Haram claimed the lives of at least 18 people, injuring 42, targeting selected communities in northeastern Nigeria between Friday evening and Saturday afternoon (28-29 June). The Islamist jihadist group, which has not officially claimed responsibility for the bombings, has been waging violence in the region for more than ten years. “We all have to be on alert now, as we don’t know where many of these girls that have been released are headed now. Our local intelligence was able to ascertain that there are 30 of them,” one local source said.
Source:The North Africa Journal
July 02, 2024 12:41 UTC
Uncover Essex’s hidden gems with rising sports boss Queenie Porter
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Source:The North Africa Journal
July 02, 2024 12:37 UTC
EIB Global supports SPE’s USD 350m investment in North African growth companies
At the EU-Egypt Investment Conference in Cairo the European Investment Bank today confirmed support for a new USD 350 million regional private sector investment fund managed by SPE Capital. The new business investment is expected to help create over 10,000 new skilled jobs, contributing to sustainable economic development across Egypt and the broader North African region. The fund will provide critical risk capital and managerial expertise to support the growth and internationalisation of local companies. “The EIB’s support for this fund underscores our dedication to fostering economic growth and job creation in Egypt and the region. The European Investment Bank is committed to fostering sustainable economic growth and job creation in North Africa.
Source:The North Africa Journal
July 02, 2024 12:35 UTC