SA’s Payment24 works with Mastercard to boost EMV adoption in EEMEA’s fleet sector
It helps fleet operators reduce the risk of fraud associated with magnetic strip fleet cards. The expanded collaboration extends the geographical reach of a proven solution and delivers modern fleet and fuel payment solutions to banks and fleet card issuers throughout the region. While drivers benefit from a quick, secure, and seamless way to make payments, fleet operators can now monitor driver spending in real-time, set expense limits, and minimize the need for cash. Customers will be able to take advantage of an end-to-end fleet management solution to help them rapidly deploy and scale their own secure fleet and fuel payment offerings. The expansion of this alliance to EEMEA highlights the urgent need to get ahead of fraud in the fleet and fuel payments industry.
Source:The North Africa Journal
May 28, 2024 14:05 UTC
Copia Kenya parent company enters administration after failing to secure funding
B2C e-commerce company Copia Global, the parent company of Copia Kenya, has entered administration after failing to secure the necessary capital to continue operations. “Copia Global, the parent company of Copia Kenya, was unable to attract capital on terms that were amenable to all existing stakeholders, funders, and investors. Copia Global is now winding down, leaving the Copia Kenya business in a new position to raise capital directly,” Copia said in a statement. Copia and iProcure are the latest African tech ventures to feel the heat in the current global capital shortage. A host of startups have already closed their doors, including Kenyan logistics company Sendy, while pressures remain on many others.
Source:The North Africa Journal
May 28, 2024 14:05 UTC
Africa needs stronger resources governance amid current global critical minerals rush — experts – The North Africa Post
African governments need to develop robust strategies for the critical minerals sector amid global rush for the continent’s lithium and other strategically important rare metals, a recent research has found. Demand for lithium, for example, tripled from 2017 to 2022, while the critical minerals market doubled in five years, reaching US$320 billion in 2022, according to the 2023 Critical Minerals Market Review by the International Energy Agency (IEA). In a new article in The Conversation, the experts recommend that the African Union should expedite the development of an African critical minerals strategy that will guide member countries in negotiating mining contracts and agreements. They also urge African governments to revise their mining policies and regulations to reflect the opportunities and challenges posed by the increasing global demand for critical minerals. In other words, if the mineral-rich African countries do not want to be simply sucked into the global rush for critical minerals and instead want to benefit from the current boom in demand, they need stronger resources governance — regulations, accountability and transparency.
Source:The North Africa Journal
May 28, 2024 13:58 UTC
Nigeria's Rivers Hoopers clinch historic BAL semi-final; Petro pip Douanes
The evening began with fourth seed Rivers Hoopers facing fifth seed Monastir. We take the best idea to get up the court and execute it," Perry said on Rivers Hoopers' game management. Petro led 13-8 at the end of the first quarter, but Douanes ate into that lead slightly and went into half-time 28-25 behind. Led by Jean-Jacques Boissy and Abdoulaye Harouna, Douanes took control of the game in the third quarter and led 56-42. Rivers Hoopers will face Libya's Al Ahly Benghazi, with both semi-finals scheduled to take place on Wednesday.
Source:The North Africa Journal
May 28, 2024 13:57 UTC
African agri-food startups invited to apply for WFF Startup Innovation Awards
African agri-food startups are invited to apply for the WFF Startup Innovation Awards, a global startup competition established to support and showcase innovators and entrepreneurs harnessing the power of tech to drive the sustainable transformation of agri-food systems. Made possible through a strategic partnership with XTC, the WFF Startup Innovation Awards aim to elevate the next generation of entrepreneurs who are creating new technologies and innovations to benefit vital agri-food systems. Finalists will be given travel allowance to attend the flagship event in Rome, global visibility, the chance to raise capital, network with global entities, the chance to join WFF startup accelerator programmes to scale up their innovative solutions and technological breakthroughs, and a total of US$30 000 in prizes. Applications are open here until June 8, and the programme kicks off in October.
Source:The North Africa Journal
May 28, 2024 13:32 UTC
Mixed reality content platform Flam raises Rs 38 crore in funding
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Source:The North Africa Journal
May 28, 2024 13:29 UTC
All eyes turn to North America as T+1 arrives
The wait is over; T+1 settlement is finally here—in North America, anyway. While switching from T+2 to T+1 settlement is largely a market structure issue, getting to a trade-date-plus-one-day settlement cycle has forced firms to examine the middle- and back-office systems involved in the clearing and settlement process. About 15 months ago, the US Securities and Exchange Commission announced that May 28, 2024, would be the compliance date for T+1, and Mexico and Canada followed suit.
Source:The North Africa Journal
May 28, 2024 11:59 UTC
Weather forecast and conditions for Balilie park, North West, South Africa - The Weather Channel
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Source:The North Africa Journal
May 28, 2024 11:58 UTC
Guimbri: The Formidable Gnawa Bass Lute of North Africa
(headline image: Hssan Hakmoun in Lanzarote, Spain, in 2000 playing guimbri – Photo by Angel Romero)The guimbri is a traditional musical instrument intrinsically linked to Gnawa music, a genre noted for its rhythmic repetitiveness and the dialogic interaction between the lead vocalist and other musicians. This three-stringed bass plucked lute, sheathed in camel skin, features a rectangular body hollowed from a single piece of wood. The instrument is renowned for its low harmonic range, often drawing comparisons to the bass guitar in Western musical contexts. Guimbri variations include the awisha, a smaller version of the musical instrument; and the double necked guimbri. The guimbri is used by musicians who play traditional music as well innovative artists who fuse roots music with rock, jazz and other genres.
Source:The North Africa Journal
May 28, 2024 11:49 UTC
Algeria : Algiers seeks to revive its film industry
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Source:The North Africa Journal
May 28, 2024 10:40 UTC
Rome Resources: Bisie North tin project shows early promise
Junior explorer Rome Resources reports that exploration at its Bisie North tin project in the DRC has identified two significant prospects, Kalayi and Mont Agoma, both of which it intends following up vigorously. Bisie is the world’s highest-grade tin mine with an average grade of 4.5% tin. It is a brand-new discovery which has no artisanal workings on it and is polymetallic in nature with copper (cu), zinc (Zn), silver (Ag) and tin (Sn) mineralisation all being encountered. It is still very early days at Bisie North but our preliminary exploration has returned excellent results. Our team has a fantastic track record in the DRC and we’re hopeful that we can duplicate this success at Bisie North.”
Source:The North Africa Journal
May 28, 2024 03:01 UTC
Banker found dead in North Karachi
KARACHI: The body of a banker was found hanging in his apartment near Nagan Chowrangi in North Karachi on Monday, police said. However, the SHO said that the police were grilling her to check the authenticity of her claim. The body was shifted to the Abbasi Shaheed Hospital for medico-legal formalities. The police said Rizwan worked with a private bank as operations manager. Published in Dawn, May 28th, 2024
Source:The North Africa Journal
May 28, 2024 02:42 UTC
Algeria: Country Risk Report
This report provides a country risk assessment of Algeria’s current situation and offers insights for stakeholders. Following a bloody eight-year war, Algeria finally gained its independence and sovereignty in 1962. Social and Security EnvironmentSignificant challenges mark the social landscape in Algeria, including high unemployment and limited opportunities for young graduates. Conclusion/RecommendationsAlgeria faces deep-rooted political, economic, and social challenges. In case you need additional information, reports, or consulting services about Algeria, please feel free to contact us at info@specialeurasia.com.
Source:The North Africa Journal
May 27, 2024 13:30 UTC
Irresistible Vegetables in UFS's Future Menus Top North America Trends 2024 report
Source: globalnews.caUS: Unilever Food Solutions launches foodservice industry trends reportUnilever Food Solutions (UFS) unveiled Future Menus Top North America Trends 2024 report, which identifies top menu trends predicted to influence the restaurant industry in the coming years. The report details how the following trends will come to life on menus and how operators can put them into action in their establishments: Modernized Comfort Food; Low Waste Menus; Irresistible Vegetables; Local Abundance; The New Sharing. Hot main meals include a vegetable side dish, and the sandwich pick n mix includes a piece of fresh fruit and two snacks. Source: tnp.straitstimes.comUK: Aldi lowers prices of fruit and veg productsAldi has lowered the prices on over 45 fruit and veg products. Cheapest Supermarket April 2024) will enjoy even lower prices on items including berries, oranges, tomatoes and its fresh salad range.
Source:The North Africa Journal
May 27, 2024 12:09 UTC