Middle East Energy to Further Boost Sustainability Agenda
The central themes of this year’s 49th edition of Middle East Energy (MEE) are accelerating the global energy transformation and exploring opportunities at the cusp of the transition towards sustainability. Middle East Energy Leadership Summit,2. What else is in store for Middle East Energy attendees? During the three-day event, participants can access two additional conferences that will run alongside the Middle East Energy Leadership Summit. Register to attend Middle East Energy
Source:The North Africa Journal
March 14, 2024 16:39 UTC
Boom secures €500 million to drive expansion
from OKORO CHINEDU in Lagos, NigeriaNigeria BureauLAGOS, (CAJ News) – BOOM, the blockchain-based e-commerce ecosystem and digital payments platform, is investing €500 million (R10.5 billion) in its expansion and to create a stable liquidity pool for tokenised currencies. Boomswap has been created to foster cross-border trades, especially in emerging markets where 90 percent of all transactions are settled in cash. Peter Alfred-Adekeye, CEO and Founder of Boom, said Boomswap made commerce more equitable by enabling Africans and citizens of other emerging economies to pay cross-border in their local currencies. This while extending the utility of local currencies beyond borders into DeFi, which injects international liquidity, reduces settlement costs and enhances transaction transparency. “Boomswap will boost intra- African cross-border trades, which will translate into a growth in GDP and socio-economic well- being of all Africans,” he pledged.
Source:The North Africa Journal
March 14, 2024 16:17 UTC
Survivors of rescued Mediterranean ship say dozens died during the voyage
At least 60 people died as the boat spent about a week lost at sea after leaving Libya, survivors tell rescuers. Survivors from a deflating rubber dinghy rescued in the central Mediterranean Sea reported that at least 60 people who departed Libya with them a week ago died during the journey, a charity rescue group has said. “The survivors departed from Zawiya, Libya, seven days before they were rescued,” SOS Mediterranee said on X. Survivors report that at least 60 people perished on the way, including women and at least one child,” it added. According to testimonies the group gathered, the boat spent about a week lost at sea, with survivors saying many people perished and many others are missing.
Source:The North Africa Journal
March 14, 2024 16:07 UTC
Checkout.com recognized for its digital payment performance in report by global analyst firm
Checkout.com received a 5 out of 5 score in the payment performance optimization criterion. Forrester's report states that 'Checkout.com is a great fit for merchants seeking a partner for digital-first use cases.' The Forrester report specifically stated that Checkout.com moves fast and is developer-friendly. According to the Forrester report, Checkout.com 'continues to differentiate from its peers in South West Asia and North Africa in specific usability improvements' and calls out its 'deeper support in these regions'. Meron Colbeci, Chief Product Officer at Checkout.com, said, "It is humbling to be recognized by Forrester on what is our core investment area - Performance.
Source:The North Africa Journal
March 14, 2024 14:53 UTC
Ethiopia, India edge closer to defense pact – The North Africa Post
India and Ethiopia are in the final stages of finalizing a defense cooperation pact, Ethiopia’s ambassador to New Delhi said. Under the agreement, to be likely signed after India’s general elections, India will offer equipment and training to Ethiopia’s army, ambassador Demeke Atnafu told Indian news outlet The Print. Analysts believe that Ethiopia had the full backing of India to join the group of states with fast growing economies last year. The defense cooperation agreement is part of a larger push by India to strengthen its foothold on the African continent, where it is already selling air defense systems, small arms, missiles, and anti-drone weapons. India has also extended a credit line of nearly 14 billion dollars to 42 African nations.
Source:The North Africa Journal
March 14, 2024 13:13 UTC
US Congressional committee to hold hearing on Pakistan election
Assistant Secretary of State for South and Central Asian Affairs Donald Lu has been asked to testify before the Subcommittee on the Middle East, North Africa, and Central Asia of the House Foreign Affairs Committee. Lu’s alleged involvement in the cipher controversy adds significance to his testimony. The purported cipher (secret diplomatic cable) contained an account of a meeting between US State Department officials, including Lu and Pakistani envoy Asad Majeed Khan last year. Khan alleged that Lu threatened to destabilise his government during a March 2022 meeting with Asad Majeed Khan. On March 20, the House Foreign Affairs Committee is also scheduled to consider a resolution which expresses support for democracy and human rights in Pakistan.
Source:The North Africa Journal
March 14, 2024 12:47 UTC
How to watch IPL cricket 2024 live in MENA region
How to watch IPL cricket 2024 live in MENA regionPrepare to be enraptured by the enchanting universe of the Indian Premier League (IPL) as it continues to ensnare the hearts of countless cricket aficionados since its beginning in 2008. Encompassing the riveting Qualifier matches and the nerve-wracking Eliminator, this journey culminates in the grand crescendo of the gripping grand finale. This season, defending champions Chennai Super Kings kindle the inaugural fervor against Royal Challengers Bangalore on March 22. For cricket enthusiasts in the MENA region, Willow TV shines as the premier portal to the enthralling spectacle of the IPL. So, cricket enthusiast, hesitate no more, and become a part of the festival with Willow TV.
Source:The North Africa Journal
March 14, 2024 12:23 UTC
Insecurity ditches Burkina Faso’s gold output – The North Africa Post
Gold production in Burkina Faso dropped significantly due to a surge in Jihadist activity in a country where military rulers have been in power since September 2022. Output of the precious metal fell 1.5% to 57.3 tons in 2023, the Ministry of Mines, Quarries and Energy said. Earlier this month, Burkina Faso judicial authorities said an attack on a village in Yatenga province left 170 people dead, including women and children. The attack came as the military authorities in the country warned against increased risk of attacks by extremist groups, including on urban centers. The country’s army seized power in 2022, but more than a third of Burkina Faso is controlled by insurgents.
Source:The North Africa Journal
March 14, 2024 10:56 UTC
Mindware signed as VAD by VAST Data
Mindware , a leading value-added distributor (VAD) in the Middle East and Africa, has announced the signing of a strategic distribution partnership with VAST Data, the AI data platform company. Under the agreement, Mindware will help accelerate the adoption of the market-disrupting VAST Data Platform by enterprises in the Middle East and North Africa (MENA) region, through its expansive ecosystem of reseller partners. Commenting on the partnership, Mr. Alexandre Boutin, AI Business Unit Director, Middle East & Africa at Mindware said: “VAST Data is an innovation focused company, and we are excited to partner with them, to provide our channel partners with a unique data infrastructure solution to take to customers seeking advanced solutions and services that can support their evolving data requirements in today’s AI era. The global data storage market has seen remarkable growth, driven by the surge in data produced by businesses, government bodies, and individuals, alongside escalating needs for data analytics, security, cloud storage, and associated services. Storage infrastructure correspondingly needs to evolve and adapt to address this deluge of data.
Source:The North Africa Journal
March 14, 2024 09:36 UTC
Tunisia : Opposition mulls presidential election strategy
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Source:The North Africa Journal
March 14, 2024 07:29 UTC
North Africa Generic Drug Market Size, Growth, Demand, Top Companies And Forecast 2024-2032
The study provides a detailed analysis of the industry, including the North Africa generic drug market share, size, trends, and growth forecasts. How Big is the North Africa Generic Drug Market? The North Africa generic drug market size reached US$ 1.2 Billion in 2023. North Africa Generic Drug Market Trends and Drivers:The North Africa generic drug market is fueled by the rising demand for affordable healthcare solutions and government authorities initiatives aimed at promoting the use of generic medicines. North Africa Generic Drug Market Trends:The increasing government support and regulatory reforms aimed at promoting generic drug manufacturing and consumption represent one of the key factors influencing the growth of the generic drug market across North Africa.
Source:The North Africa Journal
March 14, 2024 07:27 UTC
Gavi, Seedstars launch INFUSE 2024 to foster climate-resilient health systems
Gavi, the Vaccine Alliance has partnered Seedstars to launch INFUSE 2024, a global call for applications for innovations to bolster health systems against climate threats and enhance immunisation delivery. INFUSE, short for “Innovation for Uptake, Scale, and Equity in Immunisation”, is a Gavi-led initiative designed to scale up groundbreaking global health solutions by connecting high-impact, proven innovations where countries need them most. The programme aims to select and scale innovations that contribute to low-carbon and sustainable resilient healthcare systems, enhance frontline health workers’ capacity to manage climate-related health threats and ensure efficient vaccine distribution under challenging climate conditions. Sheilla Atieno, Seedstars programme manager for Africa, said the collaboration with Gavi for INFUSE 2024 was crucial in the fight against the health impacts of climate change. “We are calling on innovators globally to come forward with solutions that can make a tangible difference in building climate-resilient health systems,” she said.
Source:The North Africa Journal
March 14, 2024 07:24 UTC
How Nigeria’s Beauty Hut is transforming the beauty industry across Africa
Nigerian startup Beauty Hut is working to transform the African beauty market by empowering consumers and businesses who typically struggle to source for affordable, authentic, and highly sought-after beauty products through effective product distribution. A beauty and personal care distributor founded in 2023 by Subuola Oyeleye, Beauty Hut was formed in order to champion women in Africa through the beauty industry. “African consumers typically have a difficult time finding highly sought-after beauty and personal care products, for a number of reasons,” Oyeleye told Disrupt Africa. “Beauty and personal care products in Africa are often sold at exorbitant prices, and are inauthentic and inaccessible without having to ship from other countries. Currently funded by angel investors, and the ARM Labs Lagos Techstars Accelerator, Beauty Hut plans to raise a pre-seed round in the coming months.
Source:The North Africa Journal
March 14, 2024 07:23 UTC
While poverty is declining globally, number of poor people rise in Sub-Saharan Africa: Data
In fact, in 1990, 80% of the world’s poor were living in South Asia, while only 13.8% were in Sub-Saharan Africa. In 2019, though, the share in South Asia fell to 31.4% while that of Sub-Saharan Africa increased to 56.6%. In fact, the only country outside Sub-Saharan Africa included as an FCS that registered a poverty rate above 60% was Syria. South Sudan and Burundi, with a poverty rate of over 70%, had the highest poverty rate globally. In at least eight Sub-Saharan countries, the poverty rate was over 60%.
Source:The North Africa Journal
March 14, 2024 06:42 UTC
5 Indian Restaurants Featured On List Of Asia's Best Restaurants Ranked 51-100 For 2024
In February, it announced the entries of the annual 50 Best List for Middle East and North Africa. More recently, it has unveiled an extended list of restaurants in Asia that were ranked from 51 to 100 for 2024. The top 50 restaurants for this year are set to be revealed near the end of the month. The 51 to 100 list of Asia's Best Restaurants for 2024 includes three Mumbai restaurants, namely Americano (ranked 61st), The Bombay Canteen (ranked 70th) and Ekaa (ranked 98th). The 2024 list of Asia's 50 Best Restaurants will be announced at an awards ceremony in Seoul, South Korea, to be held on March 26, 2024.
Source:The North Africa Journal
March 14, 2024 05:53 UTC