Morocco : Compagnie minière de Touissit boss in firing line of forex regulator
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Source:The North Africa Journal
February 09, 2024 10:31 UTC
The ISIS Threat Is Not to Be Forgotten
In recent years, Africa has been one of the primary areas of ISIS terrorist activity. [xvi] Today, the Islamic State Central Africa Province (with 1500-2000 fighters), the Islamic State Sahel Province, Islamic State Mozambique (with 180-220 fighters), the Islamic State Sinai Province (with 100-500 fighters), and the Islamic State West Africa Province (with 3500 fighters) are among the most prominent ISIS networks in Africa. [xviii] Given the presence of a large number of ISIS fighters in this region, a significant portion of the attacks may be attributed to ISIS. The increase in the number of displaced people has made Africa more vulnerable to the rise of ISIS in recent years. [xx] In 2023, the group carried out around 17 terrorist attacks in Pakistan alone.
Source:The North Africa Journal
February 09, 2024 10:06 UTC
Ugandan electric cooking startup PowerUP raises seed funding for expansion
Uganda-based electric cooking startup PowerUP has announced the initial close of its seed round to expand to new geographies and products. PowerUP develops and deploys smart-metered PAYGO electric stoves customised for the African markets, with these solutions having so far cleaned up cooking in over 40,000 homes across Kenya, Uganda, Tanzania, Zambia, and Ghana. PowerUP will use this new round of investment to expand its distribution presence, build its data platform, and launch its shared carbon programme. Our electric cooking solutions will save money, save time, and avoid harmful fumes for millions,” said CEO Kato Kibuka. PowerUP will start offering a new range of electric stoves later this year to address the diverse cooking styles across Africa.
Source:The North Africa Journal
February 09, 2024 09:58 UTC
Middle East and North Africa Pay TV Market Forecast: Subscriber Growth Amidst Revenue Decline
Dublin, Feb. 09, 2024 (GLOBE NEWSWIRE) -- The "Middle East and North Africa Pay TV Forecasts" report has been added to ResearchAndMarkets.com's offering. Pay TV revenues for 20 MENA countries will drop by 43% between 2016 ($3.8 billion) and 2029 ($2.2 billion). This comes despite the number of pay TV subscribers growing by 3 million over the same period to 18 million - so ARPUs will fall. Simon Murray, Principal Analyst said: "Legitimate pay TV penetration has always been low in most MENA countries, but the decline is accelerating as pay TV subscribers convert to OTT platforms." Excel workbook covering each year from 2015 to 2029 for 20 countries by household penetration, by pay TV subscribers, by pay TV revenues and by major operator.
Source:The North Africa Journal
February 09, 2024 09:11 UTC
Healy warns against sloppiness as Proteas look to square series
Australia suffered their first ever one-day defeat to the Proteas at North Sydney Oval on Wednesday, putting down five chances as South Africa scored 6-229 from a reduced 45 overs. It was a dramatic turnaround from the first one-dayer at Adelaide Oval, where Australia romped to an eight-wicket win after bowling the Proteas out for 105. 01:37 Play video 'Everyone is catching up': Kapp hails historic winBut Healy could see a silver lining in the rare result. The Australian squad including Gardner had a hit out at North Sydney Oval on Friday, but a call on the star allrounder’s availability will not be made until Saturday morning. Meanwhile the Proteas have their eyes set on a history-making one-day series win.
Source:The North Africa Journal
February 09, 2024 08:40 UTC
How Nigerian blockchain startup Bingtellar is building cross-border payments infrastructure for Africa
Nigerian blockchain startup Bingtellar says it is building modern cross-border payments infrastructure and tools for Africa, streamlining global transactions for individuals and businesses. Founded in 2022 by Joshua Tebepina, CEO, and Arepade Peremi, CTO, Bingtellar enables swift and cost-effective cross-border transactions into or across Africa for diaspora, freelancers, remote teams, international contractors, and businesses. Picture it as the “Wise for Africa”, harnessing the efficiency of stablecoins to reduce both costs and transaction times significantly,” Tebepina told Disrupt Africa. Bingtellar originated from the personal experiences of its co-founders, who faced first-hand challenges with the inefficiencies of the existing financial system for cross-border transactions in Africa. “Our focus is on building a robust user base and delivering a seamless and affordable cross-border payment experience.
Source:The North Africa Journal
February 09, 2024 06:22 UTC
The Environment Magazine – DW – 02/09/2024
02/09/2024 February 9, 2024Promoting sustainable development in Guinea and beating the drought in north Africa; Plus: Can Africa's baobabs be saved? And the Ugandan farmer with a global vision - we hear from the new head of the international Slow Food movement.
Source:The North Africa Journal
February 09, 2024 04:21 UTC
Tourism Malaysia strategic sales mission targets North African market
Tourism Malaysia strategic sales mission targets North African marketFavoriteTourism Malaysia is gearing up for a significant sales mission across North Africa, strategically designed to entice global travelers and position Malaysia as the ultimate destination for value-added travel experiences. Commencing on February 1st in Algiers, Algeria, and concluding on February 4th, 2024, in Cairo, Egypt, this mission marks a proactive effort to rejuvenate the tourism industry. Delegates will actively engage in travel expos in each country to showcase Malaysia’s rich array of tourism offerings. Ghapar, Director General of Tourism Malaysia stated: “This is a crucial step in our journey towards Visit Malaysia Year 2026. As we ramp up our strategic engagements and promotions, we aim to create lasting impressions on the North African market, making Malaysia a top choice for discerning travellers.”In 2024, Malaysia has set ambitious targets of welcoming 27.3 million international tourists, generating tourism revenue exceeding RM102.7 billion.
Source:The North Africa Journal
February 08, 2024 23:45 UTC
Boycott of Moroccan ports, how Algeria shot itself in foot – The North Africa Post
In a self-defeating decision Algerian bank association (ABEF) ordered in December a ban of all transactions involving transshipment through Moroccan ports. Few days later, in January, ABEF partly backpedaled on the decision excluding fresh produce and meat, while maintaining the ban of all transactions involving other non-perishable goods. “The decision has plunged the Algerian economy into a crisis with shortages of critical imports, including meat and cereals,” it said. The ban led major shipping lines such as Maersk and CMA and CGM to replace Tanger Med as the transshipment port serving Algerian ports, instead opting for the ports of Algeciras and Valencia. This would eventually impact the prices of key commodities in the Algerian markets,” the Maritime Executive said, citing analysts.
Source:The North Africa Journal
February 08, 2024 23:26 UTC
Middle East and Africa digital payments leader, MDP welcomes Frank Molla as managing director for Africa.
MDP, the leading issuing & payment processing powerhouse in the Middle East and Africa, has appointed Frank Molla as the Managing Director of MDP Africa. By leveraging a blend of innovative payment solutions and strategic partnerships, MDP has simplified payments for over 1,000 companies and more than 300 million people. Frank Molla joins MDP as an accomplished executive with two decades of experience in the payments industry, which has seen him work in diverse markets across Europe, the Middle East, and Africa. Prior to joining MDP, Molla was Managing Director and Head of sub-Saharan Africa at BPC Banking Technologies and coordinated the company’s digital and technology expansion in the region. Before that, he drove Mastercard’s business strategy in Eastern Africa through innovation and technology to build payment ecosystems and solutions.
Source:The North Africa Journal
February 08, 2024 23:06 UTC
MENA-X After-School Program Empowers Students by Blending Middle Eastern and Northern African Culture with STEAM
When in middle school, Taskesen felt forced to bury her heritage as she struggled to find a way to assimilate into American culture. A Search for IdentityIn middle school, Taskesen tried, methodically, to find her people. By upper elementary school at BHIS, she was reading above grade level and doing middle school math work. (Photo: Alex Garland)But in a South End middle school, Taskesen was faced with an altogether different conundrum: how to avoid standing out. The after-school program blends science and math courses with Middle Eastern and North Africa cultures.
Source:The North Africa Journal
February 08, 2024 22:03 UTC
Proteas enter rare territory with maiden win over Australia
A first ODI win to follow their first T20 win against Australia has South Africa riding high ahead of Saturday's series decider00:24 Play video Peach! Marizanne magic ends Mooney's night earlySouth Africa allrounder Marizanne Kapp labelled their historic ODI win over Australia on Wednesday night one of the proudest moments of her career. The Proteas romped to an 84-run victory over the world's top-ranked side at North Sydney Oval, backing up their maiden win in the T20I format in Canberra 10 days earlier. "It's a proud moment, not only for me but for South African cricket as well," Kapp said after the game. 08:13 Play video Australia v South Africa | Second ODI"That's what makes it so special," Kapp said.
Source:The North Africa Journal
February 08, 2024 21:02 UTC
4th Entrepreneurship Empowerment Project to support 500 African startups
Applications are open for the fourth edition of Nomfro Technologies’ Entrepreneurship Empowerment Project (NTEEP), which will provide another 500 startups with the opportunity to join a community of like-minded entrepreneurs. NTEEP, launched in 2020, is a comprehensive support programme focused on providing entrepreneurs with the essential tools, skills, and a supportive community to scale up their businesses in an ever-evolving digital landscape. It has successfully trained and empowered over 600 startups across the continent, connecting them with experienced entrepreneurs who can provide invaluable support and insights. Participants undergo a month-long intensive training programme facilitated by industry experts, and are also offered digital marketing training and access to various cutting-edge digital tools. NTEEP also takes a hands-on approach by sponsoring websites for participating startups, and provides access to long-term mentoring.
Source:The North Africa Journal
February 08, 2024 20:37 UTC
AU-PSC: Morocco underscores interconnection between health security and peace & security – The North Africa Post
Morocco has underscored the interconnection existing between health security and peace and security and insisted that conflict and instability can exacerbate public health problems. This came at a meeting held this Thursday by the African Union’s Peace and security Council (PSC) on “Health security and the promotion of peace and security in Africa”, chaired by the Kingdom’s Permanent Representative to the AU and UNECA, Mohamed Arrouchi. The Moroccan delegation stressed at the meeting that health security and the promotion of peace and security are deeply interconnected, and that conflict and instability can exacerbate public health problems. The Moroccan delegation called, in this vein, for a unified continental approach to pandemic preparedness, strengthening and restoring health systems in Africa, within the framework of an AU Pandemic Preparedness and Response (PRP) policy, and promoting a stronger African health diplomacy. This PSC meeting is held while a cholera outbreak is gripping the Southern Africa region, which highlights the persisting challenges of disease epidemics facing the continent.
Source:The North Africa Journal
February 08, 2024 19:44 UTC
Thousands sheltering in hospital as fighting escalates in Democratic Republic of Congo
CNN —Thousands of people are seeking shelter inside an “overwhelmed” hospital amid an escalation of fighting in North Kivu province in the eastern Democratic Republic of Congo (DRC), Doctors Without Borders (MSF) warned on Thursday. At least 2,500 people, including children, are currently sheltering in Mweso Hospital, around 100 kilometers (62 miles) from the provincial capital Goma. “The hospital is overwhelmed, with thousands of people crowded inside, trying to find some protection from the fighting. In recent years, protesters have taken to the streets to demand the withdrawal of UN forces for failing to rein in rebel groups, including M23. The M23 group was named after a March 23, 2009, peace deal, which it accused the government of violating.
Source:The North Africa Journal
February 08, 2024 19:20 UTC