Red Sea crisis continues; adverse impact on trade data will be visible in new fiscal: GTRI, ET EnergyWorld
AdvtAdvtJoin the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Enter Email Download ETEnergyworld App Get Realtime updatesSave your favourite articlesNew Delhi: With escalating everyday attacks and no end in sight, the Red Sea crisis will adversely impact trade volumes in substantial ways in 2024, according to the report of economic think tank GTRI . "Confectionery companies are hit by high cocoa prices and shortages due to late deliveries from Africa, reducing profits. Textile and leather industries, which operate on thin margins, are renegotiating shipping costs with buyers, impacting earnings. '"The crisis also underscores the importance of exploring alternative maritime and land-based trade routes.
Source:The North Africa Journal
March 12, 2024 07:14 UTC
News from California Department of Resources Recycling and Recovery (CalRecycle), Diageo North America and more
The California Department of Resources Recycling and Recovery (CalRecycle) opened public comments as part of the formal rulemaking process for SB 54. Call2Recycle announced that in 2023, it collected over 8 million pounds of batteries for recycling in the U.S.Beverage packaging giant Diageo North America announced its “Don’t Trash Glass” program collected 2.2 million pounds of glass from businesses in Illinois in 2023. Eco-Products launched a line of products meant to reduce composting contamination by featuring the word “compostable,” displaying the Biodegradable Products Institute (BPI) Certification Mark and including green or brown identification elements. The Environmental Research & Education Foundation published a study on recycling behavior in New York City. The Global Recycling Foundation (GRF) observed International Women’s Day with a call for wider recognition of women and “genuine gender equality” in the recycling industry.
Source:The North Africa Journal
March 12, 2024 05:47 UTC
Egypt : Hamas demands discussed in Cairo
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Source:The North Africa Journal
March 12, 2024 05:45 UTC
Women continue to receive marginal share of funding in Africa
Women-led African startups received $209.3 million in funding between 2019 and 2023, according to a report issued on March 8 by TechCabal Insights. This demonstrates that the African tech ecosystem remains deeply misogynistic, despite significant successes achieved by women. Being a minority in STEM (science, technology, engineering, and mathematics) disciplines and startup leadership positions, women are naturally less present during funding rounds. Following are the education & employment sectors ($38.8 million), e-commerce ($33.4 million), health ($25.8 million), and agriculture & food ($20.2 million). Per sub-regions, East Africa leads with 68.1% of the funding, followed by West Africa (19%), North Africa (6.9%), Southern Africa (5.3%), and Central Africa (0.7%).
Source:The North Africa Journal
March 11, 2024 17:11 UTC
Empower Your Institution: The Ultimate SaaS Security Guide for Africa’s Finances! – Intelligent CIO Africa
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Source:The North Africa Journal
March 11, 2024 16:37 UTC
Fully Funded High Commission of Saudi Arabia Scholarships 2024-25
Spread the loveApplications for the High Commission of Saudi Arabia scholarships for the 2024/2025 sessions are now open. The scholarships are fully funded and are sponsored by the government of Saudi Arabia for students who want to pursue their bachelor’s, master’s, and doctorate programs respectively. About the High Commission of Saudi Arabia Scholarships 2024-25International students who want to study in Saudi Arabia can now apply for fully funded scholarships offered by the Kingdom of Saudi Arabia to help cover their education costs. Get Up to $100,000 Student Loan for Your Master in US or Canada - See if you are eligibleRead also: Fully Funded Skoltech Scholarships To Study In Russia 2024–25High Commission of Saudi Arabia Scholarships 2024 details:University: KSA Universities Degree level: BS, MS, PhD, MBA Scholarship coverage: Fully Funded Eligible nationality: All Nationalities Award country: Saudi ArabiaWhy Study in Saudi Arabia? The Kingdom of Saudi Arabia offers scholarships to non-Saudi students to pursue their post-secondary studies at Saudi universities.
Source:The North Africa Journal
March 11, 2024 16:37 UTC
From Dubai to Chile, Turkish series expand their empire
But it’s for a television series called “Degenler”, one of about 60 filmed annually in Turkiye that have made Istanbul and other Turkish cities familiar to viewers in nearly 170 countries around the world. Over the past 15 years, Turkiye has established itself as the foremost exporter of series after the United States and Britain. “Latin Americans find Turkish series very close to their culture,” said Erdi Isik, development manager at Ay Yapim — Turkiye’s leading exporter last year and whose production “Yargi” (“Family Secrets”) last November won an International Emmy for best telenovela. “When I show samples to a panel, even if they don’t understand a word of Turkish, they catch what it is about because the family culture is very much the same,” he said. In total, nearly 700 million viewers enjoy “alla turca” telenovelas, according to the Turkish culture ministry.
Source:The North Africa Journal
March 11, 2024 13:50 UTC
EMURGO Africa unveils lab for emerging Web3 technologies
EMURGO Africa, the investment and commercial arm of Cardano in Africa, has launched EMURGO Labs, a dedicated development entity for emerging Web3 technologies. EMURGO Africa is the investment and commercial arm of Cardano in Africa and the MENA region, using blockchain technology to address challenges on the ground and empower individuals and businesses across the continent. EMURGO Labs is designed to support the growth of established and nascent Web2 and Web3 organisations, spearheading the digital transformation across borders by leveraging the Cardano blockchain. “The launch of EMURGO Labs marks a significant step forward in our mission to unlock the transformative potential of blockchain technology in Africa, Middle East and GCC,” said Ahmed Amer, CEO of EMURGO Labs. “Through comprehensive support services, strategic partnerships, and industry-leading expertise, I am confident that EMURGO Labs will become the premier destination for Web3 ventures seeking to thrive in this dynamic region.”EMURGO Labs will deliver a broad spectrum of services, designed to meet the evolving needs of the digital era, enabling organisations to seamlessly migrate from Web2 to Web3 while also enhancing and expanding the capabilities of already established Web3 entities.
Source:The North Africa Journal
March 11, 2024 13:27 UTC
Canon Miraisha and Kings and Queens Art Academy partner to spark photographic excellence and skills development in Nigerian youth
Canon Central and North Africa (CCNA), the leading printing and imaging solutions provider, is pleased to announce a collaboration with Kings and Queens Art Academy, the renowned children’s art academy. The certified Canon trainer leading the sessions will be Tore Oraise, a homegrown talent from within the Bariga community nurtured through the Miraisha Programme. Upon completion of the workshops, all participants will receive Canon Miraisha T-shirts, face caps, notepads, pens, and certificates as a token of appreciation for their participation. The Canon Miraisha Programme is a testament to Canon Central and North Africa’s commitment to nurturing and uplifting creative talents across the African continent. Distributed by APO Group on behalf of Canon Central and North Africa (CCNA).
Source:The North Africa Journal
March 11, 2024 12:33 UTC
Morocco : As time goes by... Alstom trams stuck in Casablanca port
Africa Intelligence uses cookies to provide reliable and secure features, measure and analyse website traffic and provide support to the website users. Apart from those essential for the proper operation of the website, you can choose which cookies you accept to have stored on your device. Either “Accept and close” to agree to all cookies or go to “Manage cookies” to review your options. You can change these settings at any time by going to our Cookie management page.
Source:The North Africa Journal
March 11, 2024 11:41 UTC
BP and ADNOC announce Egypt energy JV
BP and ADNOC announce Egypt energy JVPublished by: Robert Li at 11/03/2024The renowned energy companies have furthered their long-running relationship via a gas-asset development... The renowned energy companies have furthered their long-running relationship via a gas-asset development collaboration in the North African country. BP and Abu Dhabi National Oil Company (ADNOC) have signed an agreement to create a new energy joint venture (JV) in Egypt, which will see both companies pool their resources and experience to develop a mutually beneficial commercial gas portfolio. BP received legal advice from international law firm Norton Rose Fulbright (NRF) on the deal, which was announced on 14 February. BP will also contribute its exploration concession contracts pertaining to the North El Tabya, Bellatrix-Seti East and North El Fayrouz projects.
Source:The North Africa Journal
March 11, 2024 10:37 UTC
School Tours are Part of Broader Tours of Southern Africa
In Zimbabwe, schools have arrangements with tourism companies that enable funding for infrastructure and sponsorship of children. In Matabeleland North, close to Mosi-oa-Tunya (Victoria Falls) and Hwange National Park, for example, 19 out of 20 companies interviewed by researchers in 2012 provided some sort of support, sponsorship or infrastructure to schools in nearby areas. THE CONVERSATION
Source:The North Africa Journal
March 11, 2024 10:16 UTC
Kidnapped Nigerian children escape captivity
from EMEKA OKONKWO in Abuja, NigeriaNigeria BureauABUJA, (CAJ News) – AT least 28 children have escaped captivity following a mass kidnapping in northern Nigeria last Thursday. The courageous minors are among hundreds of individuals abducted by a group of unidentified gunmen in the Chikun Local Government Area (LGA) of Kaduna State. There are conflicting reports on the number of persons who were kidnapped, estimated at around 300 individuals, mostly children. However, Kaduna is one of a number of Nigerian states suffering unrest by kidnap for ransom gangs or Islamist insurgents. At least 26 people were injured and 22 kidnapped during the clashes in the Gwer East Local Government Area.
Source:The North Africa Journal
March 11, 2024 10:13 UTC
The Struggle to Help Gaza’s Starving Children
At least 20 children have reportedly died due to dehydration and malnutrition in Gaza, with most of those dying at hospitals in northern Gaza. In some places, you can have an 80 or 85 percent success rate in treating children with severe acute malnutrition. There are some items — not the nutrition items, but sometimes medical supplies and sometimes water supplies — we call them dual-use items. It would definitely reduce the number of children who are malnourished and prevent them from getting sick and from eventually dying. And some specialized supplies like vaccines and food items for the children, especially a specific type of milk powder, have to be temperature-controlled.
Source:The North Africa Journal
March 11, 2024 10:08 UTC
Africa smartphone shipments rise on low-end models
IDC reported smartphone shipments in Africa were up 12 per cent year-on-year in Q4 2023 to 19.8 million units, due in part to strong uptake of low-end Chinese brands across the region. In contrast, IDC stated Africa’s feature phone market shipments decreased 7.8 per cent over the same timeframe to total 20.9 million units. IDC noted Transsion devices continued to dominate Africa’s smartphone market through low-end devices that cost $100. For 2024, the research company forecast year over year growth in smartphone shipments of 2.8 per cent. “However, in Africa, the transition from feature phones will support smartphone growth in the short and medium term, while AI phones and 5G adoption will fuel Africa’s smartphones growth in the long term”.
Source:The North Africa Journal
March 11, 2024 10:01 UTC