Russia seeks naval base in Sudan’s Red Sea coast – The North Africa Post
Russia has promised military support for Sudan in return for a naval base in the Red Sea, General Yasirr Al Atta, member of Sudan’s military-led Sovereign Council said. A series of military and economic deals will be signed, signaling an inroad by Russia in the Horn of Africa, after it managed to strengthen its foothold in the Sahel by offering military support, while taking advantage of rising anti-western sentiment. “Russia proposed military cooperation through a logistical support centre, not a full military base, in return for urgent weapons and ammunition supplies,” Al Atta said in an interview with Alhadath TV. We agreed to this but suggested expanding the cooperation to include economic aspects like agricultural ventures, mining partnerships, and port development. The UN estimates the death toll since the outbreak of the civil war in Sudan at over 14,000, with no end in sight.
Source:The North Africa Journal
May 31, 2024 11:51 UTC
South Africa’s election portal resumes showing partial results after brief glitch
The prints are closely watched amid early indications that the country’s governing African National Congress, the liberation party of Nelson Mandela, could lose its parliamentary majority for the first time in the 30 years since it assumed governance. The electoral commission’s portal was briefly blank at 06:08 a.m. London time, but once more displayed results by 08:23 a.m. in London, according to CNBC monitoring.
Source:The North Africa Journal
May 31, 2024 10:51 UTC
Key Cyberthreats- Trojan Spy, Ransomware: African Industries
Additionally, the region leads in charts of malware spread via removable devices, with 5.6% of ICS computers affected, compared to the global figure of 1.13%. These entities typically serve as the opening gambit in the attack sequence, and consequently, security solutions more frequently intercept them. This trend is commonly reflected in Kaspersky Security Network statistics. RansomwareThe Middle East and Africa lead among regions where ransomware is disseminated, albeit in relatively low numbers (0.28% and 0.27% of ICS computers, respectively). Undertaking dedicated ICS security training for IT security teams and OT engineers, which is crucial to improve responses to new and advanced malicious techniques.
Source:The North Africa Journal
May 31, 2024 10:49 UTC
North Korea says leader Kim Jong Un supervised drills simulating preemptive attacks on South Korea
SEOUL, South Korea — North Korean leader Kim Jong Un supervised drills involving the firing of nuclear-capable multiple rocket launchers to show the country’s ability to carry out a preemptive attack on rival South Korea, state media reported Friday. North Korea has simulated nuclear strikes on South Korea numerous times, but the latest drills came after animosities on the Korean Peninsula rose over North Korea’s recent failed spy satellite launch. Also this week, North Korea flew hundreds of huge balloons into South Korea carrying manure and other trash, and allegedly jammed GPS navigation signals in the South. Ministry spokesperson Kim Inae said separately that South Korea “strongly condemns” North Korea for threatening preemptive strikes against the South. Share this article ShareThe North Korean firing exercises appeared to be short-range ballistic missile test-launches that South Korea detected from North Korea’s capital region on Thursday.
Source:The North Africa Journal
May 31, 2024 07:52 UTC
North Korea fires multiple short-range ballistic missiles
SEOUL: North Korea fired a salvo of short-range ballistic missiles on Thursday, Seoul’s military said, hours after Pyongyang sent hundreds of trash-filled balloons across the border to punish South Korea. The launch follows a failed attempt by the nuclear-armed North to put a second spy satellite into orbit on Monday, shortly after Seoul, Beijing and Tokyo held a rare summit and called for Pyongyang to give up their nukes. North Korea also hit back at the UN Security Council, which will hold a meeting on Friday to discuss the failed satellite launch, which violated a raft of UN sanctions on Pyongyang’s use of ballistic technology. Seoul’s military said it had detected the launch of what is suspected to be “around 10 short-range ballistic missiles”, fired into waters east of the Korean peninsula. Published in Dawn, May 31st, 2024
Source:The North Africa Journal
May 31, 2024 06:26 UTC
What is true “impact investing”, and what forms does it take?
But what exactly is “impact investing”, and what forms does it take on the continent? Adegboye, then, suggests Madica is not an impact investor by the “traditional definition”, but yet it does have impact. But what about the old adage that any investment in an African startup is by definition an impact investment? “The question is how much impact does it have, and is it a positive or a negative one. I think the dimension of the impact of an investment is important – we shouldn’t try to just put that in a box, saying impact investing is about having impact, and therefore other forms of investing which are not impact investing don’t care about the impact.
Source:The North Africa Journal
May 31, 2024 06:07 UTC
Morocco : Hunan businesses go prospecting in Moroccan market
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Source:The North Africa Journal
May 31, 2024 04:57 UTC
South Africa’s election results may only be the start of a rocky political process. Here’s why
CAPE TOWN, South Africa (AP) — The real politicking in South Africa may start after the final results of this week’s election are announced as the country faces the possibility of no outright winner. That means that as South Africa senses a landmark moment, there are complications coming if the ANC remains below 50%. South Africans vote for parties in national elections and not directly for their president. The national election results must be announced within seven days of polls closing on Wednesday. The independent electoral commission that runs the election says the results will be declared by Sunday, well within the time limit.
Source:The North Africa Journal
May 31, 2024 04:34 UTC
North Korea's trash rains onto South Korea, balloon by balloon. Here's what it means
The powerful sister of North Korean leader Kim Jong Un confirmed Wednesday that North Korea sent the balloons and attached trash sacks. Experts say the balloon campaigning is meant to stoke a division in South Korea over its conservative government’s hardline policy on North Korea. Since Tuesday night, about 260 balloons flown from North Korea have been discovered across South Korea. AdvertisementIn 2020, North Korea blew up an empty, South Korean-built liaison office on its territory in protest of South Korean civilian leafleting campaigns. But observers say outside experts can get such information more easily from North Korean defectors, their contacts in North Korea and Chinese border towns, and North Korean state publications.
Source:The North Africa Journal
May 31, 2024 03:13 UTC
Mastercard and HSBC Middle East Partner on Travel Industry Payments
Mastercard and HSBC Middle East have joined forces to introduce the Mastercard Wholesale Program (MWP) in the Middle East, with a specific focus on the travel industry. By leveraging Mastercard’s virtual card innovation, the initiative seeks to streamline and secure B2B travel transactions. Khalid Elgibali, chief operating officer, Eastern Europe, Middle East and Africa at Mastercard, emphasized in the release the importance of card payments in driving the travel economy. Kyle Boag, head of global payments solutions for HSBC in the Middle East, North Africa and Türkiye region, highlighted the significance of digital tools in maximizing sales opportunities for customers. B2B payments play a significant role in powering the travel economy, and the Mastercard Wholesale Program aims to accelerate the adoption of virtual cards for travel transactions, bringing benefits across the travel value chain.
Source:The North Africa Journal
May 30, 2024 23:55 UTC
The $550 billion solar project in North Africa: A reality check
Last week, a heavy hitting consortium of companies unveiled plans for a $550 billion solar farm to be built in the sunblasted North African desert. The plan called for the biggest ever deployment of Concentrated Solar Power (CSP), a massive effort that could supply 15 percent of Europe's power. CSP entails using mirrors to redirect the sun's rays to heat up water or oil with a concentrated heat beam. Ideally, this will also power large-scale desalination plants to green North Africa and stimulate agriculture. I spoke to Travis Bradford, a noted expert on solar energy and the executive director of the Prometheus Institute, about the project.
Source:The North Africa Journal
May 30, 2024 23:52 UTC
Steinmüller Africa: Improving reliability at power stations
Moso Bolofo, Director of Steinmüller Africa, spoke to ESI Africa about their decades-long presence in South Africa, servicing industries where steam is used for their processes. Bolofo said the company is currently supporting 8 Eskom coal-fired power stations. Find out what other novel technologies Steinmuller Africa has introduced to the energy sector. This interview took place at the ESI Africa Studio at Enlit Africa 2024.
Source:The North Africa Journal
May 30, 2024 19:59 UTC
Microsoft is set to host the African Startups AI Fest – Intelligent CIO Africa
Microsoft announced the introduction of its first African Startups AI Fest at GITEX Africa in Marrakech, Morocco. The African Startups AI Fest will bring together founders, entrepreneurs, business decision-makers, engineers and developers in the startups space from across the continent. Legal Interact is an Independent Software Vendor that has integrated Microsoft AI into its software and recently launched the first AI lawyer in South Africa. Attendees of the inaugural African Startups AI Fest will be introduced to these and other startup success stories on the continent. The organisation aims to reach 6,000 to 10,000 of these businesses and provide them with customised support through the Microsoft for Startups Founders Hub programmes.
Source:The North Africa Journal
May 30, 2024 16:09 UTC
After sections of the floating pier in Gaza washed away, a look at the repair process
New satellite imagery released Wednesday by Maxar Technologies shows the pier Tuesday immediately after several of the pier sections were knocked loose, and the pier as it looked Saturday prior to the damage. Aid delivery has been hampered by unreliable land routes vulnerable to the intense scrutiny of Israeli checkpoints and fighting inside Gaza. As fighting has intensified in Rafah at the southern end of Gaza, aid efforts have been effectively shut off. How the pier works:US-built Gaza pier now open, trucks deliver aid to population isolated by Israel-Hamas warWill the Gaza pier be repaired? Thus, upon completion of the pier repair and reassembly, the intention is to re-anchor the temporary pier to the coast of Gaza and resume humanitarian aid to the people who need it most," Singh told reporters Tuesday.
Source:The North Africa Journal
May 30, 2024 14:38 UTC
Visa Enlists 22 African Fintech Startups in Accelerator Program
Visa has welcomed 22 startups from across Africa to its fintech accelerator program. This 12-week program provides mentorship, training, networking opportunities, and access to funding for the fintech startups. These startups, representing diverse solutions, will embark on the program, which aims to boost the continent's financial landscape. Selected from 28 African countries, these companies offer various solutions, from neo-banking to social commerce, poised to address the pressing challenges and opportunities in Africa's fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions.
Source:The North Africa Journal
May 30, 2024 14:32 UTC