Economic Commission for Africa (ECA) Preparations for African Electric Mobility Regional Value Chains Kick-off in Rabat
The workshop provided participants with a better understanding of the economic potential of electric mobility value chains on growth, job creation and market opportunities. “Our main objective was to contribute to the knowledge of senior policy makers in Morocco, the DRC and Zambia about the steps necessary for development of Regional Value Chains (RVCs) in electric mobility. The global energy transition and exponential growth of the electric car sector (about US$8 trillion by 2025, US$46 trillion by 2050) are providing African countries with an opportunity to develop regional electric mobility value chains while speeding up the continent’s economic integration. North Africa could capitalise on the availability of materials needed for the development of an electric mobility value chain in Africa (Cobalt, Lithium, Nickel, Manganese and Graphite). Distributed by APO Group on behalf of United Nations Economic Commission for Africa (ECA).
Source:The North Africa Journal
January 22, 2024 16:23 UTC
Türkiye may play role in Libya's ambitious renewable energy shift
Türkiye may play a role in Libya's efforts to diversify its energy mix by adding more clean energy resources at a time when the country seeks to expand renewable energy resources and its economy is beginning to recover from the wounds of yearslong political unrest. In a significant shift in the North African country's energy sector, traditionally dominated by hydrocarbons, the focus is now placed on including renewable energy, driven by increasing energy security concerns and rising demand. This ambitious plan, set to change the energy dynamics in the North African region, targets a 20% renewable energy mix in Libya's energy sector by 2035. The renewable energy mix will prominently feature solar, wind and concentrated solar power (CSP), Elansari said. He also emphasized the importance of international cooperation in achieving Libya's renewable energy target.
Source:The North Africa Journal
January 22, 2024 15:10 UTC
Hockey: India men's team begins South Africa Tour with 4-0 win against France
Cape Town, January 22 (IANS) The Indian men's hockey team kicked off its South Africa tour on Monday with a stunning 4-0 win against the hosts of Paris Olympics Games France here. India's first goal came in the 13th minute through Harmanpreet Singh's exceptional drag-flick. He added to his team's scoreline in the 26th minute via PC, improving on his drag flick to score past the French goalie. The week-long tournament features France, the Netherlands, India and hosts South Africa. On January 24, India will face France in their second match, followed by a match against hosts South Africa on Jan 26 and will take on the Netherlands on the 28th.
Source:The North Africa Journal
January 22, 2024 15:04 UTC
Africa’s shared mobility market to double, will aid SDGs – report
Shared mobility has the potential to offer short and long-term solutions in addressing the UN’s Sustainable Development Goals (SDGs) relating to transport, a recent report says. And Africa will play a major role as its shared mobility market is set to have a higher growth rate than other regions by 2030. “While the market is growing fast, it still represents less than 5% of overall global mobility spending, which is more than $10 trillion.”Africa’s growth in the shared mobility sectorAfrica represents only a small part of the global shared-mobility market, with an estimated market size of $4.2bn in 2023. By 2030, the market size is expected to have nearly doubled compared to 2023, to as much as $7.8 billion. “With the industry projected to grow to a $400bn market by 2030, addressing issues such as congestion, emissions, safety concerns, and working conditions will be crucial.”See OliverWyman’s Shared Mobility’s Global Impact report here.
Source:The North Africa Journal
January 22, 2024 14:44 UTC
The balance of power between African states and mining companies is tipping
In recent years, relations between African governments and mining companies have been… turbulent. On 13 May 2021, Congolese President Félix Tshisekedi said: “It’s time for the country to readjust its contracts with the mining companies and forge win-win partnerships.” Chinese operators, who have a large presence in the Democratic Republic of Congo (DRC), were in his sights. There's more to this story Get unlimited access to our exclusive journalism and features today. Our award-winning team of correspondents and editors report from over 54 African countries, from Cape Town to Cairo, from Abidjan to Abuja to Addis Ababa. Subscribe Now cancel anytime Already a a subscriber Sign In
Source:The North Africa Journal
January 22, 2024 14:11 UTC
The Future of an Escalating US-Iran Conflict
Absent a major conflict or a domestic upheaval inside Iran, there’s no reason to believe Tehran’s gains in the Middle East can be reversed. We deliver cutting edge analysis and intelligence so you can stay ahead of the news. Take it from them: I can't emphasize enough my appreciation for you and the rest of the staff at Geopolitical Futures. Kevin G. Some times the politics and journalism of the world gets in the way of clear thinking (at my own peril). Full accessto our content With any paid subscription you get full access to our entire content.
Source:The North Africa Journal
January 22, 2024 13:28 UTC
Loadshedding lead to 'unprecedented wave of solar installations'
Solar-generated power continued to grow in 2023, with Africa registering record numbers, in part, due to chronic loadshedding in South Africa, a new report shows. The Africa Solar Industry Association’s (AFSIA) Annual Solar Outlook 2024, says 2023 saw an increase of 46% in solar installed globally (at 350GWp) compared to 2022’s 240GWp estimated to have been added. Loadshedding’s solar consequenceThe growth has largely been driven by South Africa, where loadshedding continues to plague the country’s electricity supply. “The loadshedding issues experienced in South Africa since 2022 have caused an unprecedented wave of solar installations for both C&I and residential solar. See the Africa Solar Industry Association’s (AFSIA) Annual Solar Outlook 2024 here.
Source:The North Africa Journal
January 22, 2024 12:36 UTC
Morocco : UN Human Rights Council: Berlin votes for Pretoria over Rabat
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Source:The North Africa Journal
January 22, 2024 11:42 UTC
Tunisia’s autocrat curbs central bank independence – The North Africa Post
Tunisia’s president Kais Saied extended his power grab to the central bank, undermining the independence of the monetary policy in a country that suffers from an aggravating fiscal and economic crisis. Saied made the statement as he seeks direct financing of the state budget by the central bank, a move many economists warn would further worsen inflation. Shunning painful reforms to curb spending, President Saied rejected an IMF deal calling for subsidies’ cuts and a reform of public finances. The crackdown on the independence of the Tunisian central bank is seen by critics as a continuation of the president’s crackdown on the state institutions. Under Saied, Tunisia’s democratic achievements have been overturned along with its faltering economy making of it one of the countries most at risk of default.
Source:The North Africa Journal
January 22, 2024 11:35 UTC
Algeria-Mali Crisis: Algerian Regime Suffers another Humiliating Setback at NAM Summit – The North Africa Post
Relations between Algiers and Bamako are still strained over Algeria’s continuous “unfriendly acts” and “blatant interference” in Mali’s internal affairs. In its final communiqué, the 19th summit of the Non-Aligned Movement (NAM) included a paragraph on the Malian crisis, exacerbating tension between the two neighboring countries. “Bamako categorically rejected a text proposed by Algeria at the non-aligned summit in Kampala, Uganda. In his speech to the NAM summit, the personal representative of Assimi Goïta, head of Mali’s transitional government, Colonel Abdoulaye Maïga, Minister of State denounced Algeria “a serious breach of diplomatic practice”. These firm stands were voiced in presence of Heads of State and government of NAM countries, including Nadir Larbaoui, Algerian Prime minister and Ahmed Attaf, head of Algerian diplomacy, who were embarrassed by the Malian remarks.
Source:The North Africa Journal
January 22, 2024 11:35 UTC
Liverpool says injured Salah returning to England from Africa Cup for treatment
Share Comment on this story Comment Add to your saved stories SaveLIVERPOOL, England — Egypt star Mohamed Salah is leaving the Africa Cup of Nations — at least temporarily — and returning to Liverpool for treatment on a muscle injury, the Premier League club announced late Sunday. Choose your plan ArrowRight The influential forward was forced off during the first half of Egypt’s 2-2 draw with Ghana in Thursday’s Africa Cup group match, causing concern for club and country. Salah will now attend Egypt’s final Group B game against Cape Verde on Monday, where victory would secure their place in the last 16, before flying back to Liverpool for rehabilitation. Liverpool posted an Egyptian FA statement on the club’s official website on Sunday evening. The Pharaohs are second to group winner Cape Verde.
Source:The North Africa Journal
January 22, 2024 11:04 UTC
I approach each game with the intention of scoring – Zwane
South African playmaker, Themba Zwane says his approach to every game involves him getting a goal. It means a lot to get the Man of the Match award and very happy to get the win today”, said the soft-spoken Zwane. Commenting on his next opponent, Zwane said they would do a thorough analysis on Tunisia and plan accordingly for the north African giants. We know that we definitely need win to in order to qualify”, said the South African playmaker. The win takes South Africa to second place behind Mali ahead of their crucial clash against Tunisia on Wednesday.
Source:The North Africa Journal
January 22, 2024 10:52 UTC
Morocco’s 2024 challenges: water scarcity, inflation- World Economic Forum – The North Africa Post
Morocco should prepare to address the challenge of drought and inflation in 2024, the World Economic Forum (WEF) said. In its Global Risks Report, the WEF identified water supply and inflation among the most pressing issue Morocco would face this year as the country braces for the sixth consecutive dry year. Inflation was contained in Morocco thanks to a combination of monetary tightening by the central bank and government measures to curb imported inflation. But economists fear inflation would pick up due to an expected rise in food prices due to drought-stricken crops. The World Economic Forum also mentions unemployment as a risk in Morocco considering job losses in farm-dependent rural areas.
Source:The North Africa Journal
January 22, 2024 10:35 UTC
Premier Bushy Mabe appoints MEC Nono Maloyi as Acting North West Premier
The North West Premier Kaobitsa Bushy Maape will be out of the country from 21 January until 31 January 2024 following advice and referral by his doctor to seek further medical treatment in Thailand. During his absence, the MEC for Cooperative Governance, Human Settlements and Traditional Affairs Patrick Dumile Nono Maloyi will act as Premier. MEC Maloyi has since been sworn in by the Judge President of the North West Division, Ronald Hendricks. Lastly, the Office of the Premier wishes to confirm that a formal notification of Premier Maape’s travel has been sent to both the President and the Speaker of the North West Provincial Legislature. Distributed by APO Group on behalf of North West Office of the Premier, Republic of South Africa.
Source:The North Africa Journal
January 22, 2024 10:32 UTC
Urbanisation and Tourists Part of Reasons Affecting Senegal’s Pink Gem
Lake Retba, better known as Lac Rose (the Pink Lake), is located around 35km from the city of Dakar, Senegal. Its fresh water comes from the seasonal water table in the dunes, which are higher than the lake. Thus the sea provides most of the lake’s water and all of its salt. The lake’s waters are virtually devoid of life, with the exception of a few microscopic algae and bacteria. The Pink Lake is one of the main tourist destinations in the Dakar region, primarily because of the pink colour of its waters.
Source:The North Africa Journal
January 22, 2024 10:25 UTC