PRESSR: Wilo surpasses AED 7.82bln in net sales globally in 2023 with strong focus on sustainability and diversification
Despite a challenging market environment, the multinational technology group achieved record net sales of around AED 7.82 billion in the 2023 financial year. They work to achieve Wilo’s success every day,” explains Oliver Hermes, President & CEO of the Wilo Group. The Wilo Group had set the course for a strategic realignment in 2023. The multinational technology group has combined the publication of its 2023 financial figures with an appeal. Find the Wilo Annual Report 2023 at Annual Report 2023 | Wilo-Ends-About Wilo:The Wilo Group is one of the world’s leading premium suppliers of pumps and pump systems for building services, water management and the industrial sector.
Source:The North Africa Journal
May 13, 2024 08:42 UTC
Hudson man arrested for North Hampton burglary
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Source:The North Africa Journal
May 13, 2024 07:45 UTC
Energy security: A continental priority at Enlit Africa 2024
Enlit Africa is focused on meeting the challenge of energy security in Africa. Conlog, Lucy Electric, Siemens, Oracle, Power Africa, Laids + Gyr, EWSeta, Megger, Aberdare Cables, G3-Alliance, Actom, Triveni Turbine Limited, Enertech International, and GE Vernova are just some of the impressive names at Enlit Africa 2024. Addressing energy security concerns at Enlit Africa 2024Enlit Africa 2024 is a comprehensive and engaging event customised to address the very real energy security concerns felt by companies across Africa. “Enlit Africa aims to change this narrative by providing companies with clarity, access to solutions, and increased visibility into solutions they can use to reimagine their energy security portfolio.”Register here to join Enlit Africa 2024. Download the Enlit Africa 2024 conference programme.
Source:The North Africa Journal
May 13, 2024 07:38 UTC
Female-run startups in SA, Kenya invited to apply for RaiseReady programme
Female-run or “female-empowering” startups in South Africa and Kenya have been invited to apply for RaiseReady, a seven-week programme that will help founders source, pitch, and close a deal with African angel investors, quicker and on fair terms. This programme will help you walk the last mile of raising angel capital,” Viridian said. The RaiseReady programme will help founders understand the full angel investment process, what to expect and prepare for at each stage, and how to successfully close a fair deal. “This programme is for startups who have a customer-validated, scalable and competitive business model and believe they have a strong investment opportunity for angel investors,” Viridian said. Applications for the seven-week programme, which begins at the end of May, are open here.
Source:The North Africa Journal
May 13, 2024 07:16 UTC
How Ghana’s Kola Market is providing SMEs with product financing through machine learning
Women-run small businesses are the main source of income for women to provide food, education, medical treatment and more for their families, while creating jobs in the community. Across Ghana and Africa, SMEs contribute over 70 per cent of GDP and employment, but have disproportionately less access to markets and financing. Kola Market’s e-commerce platform e-Pos, sales and workflow management, and inventory management tools provide a holistic way for SMEs to build and grow profitable businesses. I went back to the markets to engage business owners and found that most of these SMEs would rather have consistent sales than take on financing. Seshie said she envisions Kola to be a large aggregation platform for small businesses in Africa.
Source:The North Africa Journal
May 13, 2024 06:56 UTC
The rise of the MENA fintech hawk
The report, titled “Realizing Potential of Fintech in Kingdom of Saudi Arabia”, the consulting firm highlights the rapid growth and innovation within the sector, spearheaded by initiatives such as Fintech Saudi. Fintech Saudi was launched in April 2018 by the Saudi Central Bank, also known as SAMA, and the Saudi Capital Markets Authority, and has already seen over $1 billion invested in local fintech firms. Similarly, the Central Bank of Egypt has been promoting fintech by creating a platform: fintech Egypt. Out of which, 139 startups provide pure FinTech solutions, while 38 provide technological solutions, along with embedded finance. To put this in perspective, there were only two fintech startups in Egypt in 2014, rising to 112 in 2021.
Source:The North Africa Journal
May 13, 2024 06:54 UTC
East Africa internet disrupted by another major undersea cable cut
A major undersea fibre-optic cable cut on Sunday disrupted internet services across East Africa, slowing connections and causing widespread outages in the region and South Africa. Undersea cables connecting East Africa to the internet have experienced multiple incidents in 2024. All sub sea capacity between East Africa and South Africa is down. EASSy Cable - Fault confirmedSeacom Cable - Observing Fault that occurred at same time. This is the second major internet outage to hit Africa in recent months, following a similar incident in March 2024.
Source:The North Africa Journal
May 13, 2024 06:47 UTC
North Utica Community Center to host open house
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Source:The North Africa Journal
May 13, 2024 06:37 UTC
Washburn Ends North Greene's Season
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Source:The North Africa Journal
May 13, 2024 06:06 UTC
North Carolina granted funds to improve sewer infrastructure
PORTSMOUTH, Va. (WAVY) — North Carolina is receiving $543,000 in funding to help with stormwater and sewer infrastructure needs. The money was given through the Sewer Overflow and Stormwater Reuse Municipal Grant program through the U.S. Environmental Protection Agency. Ensuring safe stormwater measures helps in preventing contaminants, including untreated sewage, from polluting waterways. “Sewer overflows can cause significant health and environmental problems in communities, and this historic grant funding for stormwater and sewer upgrades will encourage and support better health for people and the environment,” said Jeaneanne M. Gettle, Acting Region 4 Administrator. “By Improving the infrastructure in the Southeast communities will be able to meet the challenges presented by a changing climate.”
Source:The North Africa Journal
May 13, 2024 04:57 UTC
Monday Briefing: Russia Pushes Into Northern Ukraine
Russia blazes into Ukraine’s northIn the past three days, Russian troops have poured across Ukraine’s northeastern border. They have taken more square miles per day than at almost any other point in the war — save the very beginning — and are moving near Kharkiv. Now, some Ukrainian troops are retreating, and some commanders have taken the unusual step of blaming each other. About 20 miles from the border, it is safe — for the moment. “We could hear machine gun fire coming closer and closer,” one recently arrived woman said.
Source:The North Africa Journal
May 13, 2024 04:50 UTC
UPDATE 1-Seinfeld speech at Duke commencement prompts walkout protesting his support for Israel
May 12 (Reuters) – Dozens of students walked out of Duke University’s commencement ceremony on Sunday as some chanted “free Palestine” to protest its guest speaker, comedian Jerry Seinfeld, who has supported Israel throughout the war in Gaza, according to a video posted on social media. Figures in robes and caps, some waving Palestinian flags, were seen filing out of crowds of graduates assembled on the grass in the North Carolina University’s football stadium in the video posted on X. Reuters was able to verify the video’s date and location.
Source:The North Africa Journal
May 12, 2024 19:38 UTC
Another 'severe and extreme' geomagnetic storm Sunday could bring Northern Lights as far south as Alabama
WHAT IS A GEOMAGNETIC STORM? This graphic shows current and forecast solar storm conditions on Earth. (FOX Weather)Because of that, a Geomagnetic Storm Watch was issued for Sunday as Level 4 "severe" conditions and possibly Level 5 "extreme" geomagnetic storms are likely to follow. Geomagnetic storm causes issues to power grid, Starlink serviceWhile the Northern Lights were no doubt breathtaking to see, the geomagnetic storm did cause some issues. John Deere customers were warned that its GPS network was "extremely compromised" due to the geomagnetic storm.
Source:The North Africa Journal
May 12, 2024 19:08 UTC
North Macedonia’s new president provokes Greece at inauguration ceremony
North Macedonia’s newly elected President Gordana Siljanovska-Davkova sparked a crisis in relations with Greece when she pointedly used her country’s old name — Macedonia instead of North Macedonia — during her swearing-in ceremony. In 2020, North Macedonia gained Nato membership following its name change, which introduced the prefix ‘North’, as requested by Greece. “The same demands exist now from the leadership of North Macedonia. Election issueThe concessions made by North Macedonia to both Greece and Bulgaria were among the main topics of the election campaign. Since August 2020, she served as a MP for VMRO-DPMNE in North Macedonia’s assembly.
Source:The North Africa Journal
May 12, 2024 19:02 UTC
Female genital mutilation is on the rise in Africa: disturbing new trends are driving up the numbers
Their tragic deaths were highlighted in the latest Unicef report on female genital mutilation. Understanding the trends is the starting point for ending female genital mutilation. FGM in African countriesCountries with the highest levels of female genital mutilation are Somalia (99%), Guinea (95%) and Djibouti (90%). Somalia and Sudan face the challenge of addressing widespread female genital mutilation amid conflict and population growth. Backlash by conservatives: In The Gambia religious leaders have demanded that legislators revoke a 2015 law banning female genital mutilation.
Source:The North Africa Journal
May 12, 2024 18:05 UTC