Tunisia: Most prominent terrorist in prison break captured – The North Africa Post
Ahmed Melki aka Al Somali (The Somalian), the most prominent of the five terrorists who escaped from prison on November 1 in the Tunisian town of Mornaguia, has been arrested by residents of a district in the Tunisian capital, Tunis. Melki was arrested Sunday November 5 by residents of Intilaka district in Tunis. The man was condemned in 2017 to 24 years in prison for terrorism incidents that occurred in the coastal town of Raoued in 2014. Security forces had then killed seven other terrorists in a counter operation to curb terrorist activities in the town, Business News reports. Melki’s prison mates, Nader Ghanmi, Alaeddine Ghazouani, Ameur Belâzi and Raed Touati, also indicted for terrorism, are still on the run since November 1st.
Source:The North Africa Journal
November 06, 2023 13:32 UTC
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South African rand weakens after week of gains; shares edge higher
South African Rand coins are seen in this illustration picture taken October 28, 2020. REUTERS/Mike Hutchings/Illustration/File Photo Acquire Licensing RightsJOHANNESBURG, Nov 6 (Reuters) - The South African rand slipped on Monday, giving back some of the gains the currency made last week on hopes for the end of the U.S. Fed's tightening cycle. South Africa's foreign minister said on Monday the country was recalling diplomats from Israel for consultations amid a rise in civilian casualties from its war with the Palestinian militant group Hamas. This week, investors will be closely watching South Africa's September mining production (ZAMNG=ECI) and manufacturing figures (ZAMAN=ECI) for clues on the health of the local economy. South Africa's benchmark 2030 government bond was slightly weaker with the yield up 1 basis point at 10.395%.
Source:The North Africa Journal
November 06, 2023 13:14 UTC
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US-Africa program should be extended through 2041, Senate Democrat says
WASHINGTON, Nov 6 (Reuters) - A trade program that grants exports from qualifying African countries duty-free access to the U.S. market should be extended by 16 years, said Democratic Senator Chris Coons, a leading voice on U.S.-Africa policy. Talks are underway for the renewal of the two-decade-old African Growth and Opportunity Act (AGOA), which is due to expire in 2025. African countries want a 10-year renewal of the pact ahead of the 2024 U.S. election. "My AGOA Renewal Act would extend this program, incentivizing investments that will create jobs, bolster economic development, and strengthen our standing in the region," Coons said in a statement. American business groups have said they need certainty over AGOA, so that African countries are able to take advantage of a global push to reduce dependence on Chinese manufacturing.
Source:The North Africa Journal
November 06, 2023 13:11 UTC
Bloomberg Daybreak: Middle East & Africa 11/06/2023
And that's that's a huge divergence. We take stock of the Middle East earnings season so far that's going to be with the premiere of our come capital. But there's still a lot that's going to happen between now and even the next meeting. So that's, that's right. And here that's that's firm on plan and obviously there's massive expansion going on as the demand for LNG expands.
Source:The North Africa Journal
November 06, 2023 12:11 UTC
In Africa, will Big Tech and telcos split bill for more bandwidth?
Behind the wheel of his car, on the main road that leads from the centre of Cape Town to the airport, Moses is dreaming about his future. “When I get back to Zimbabwe, I plan to become a farmer,” says the Uber driver, expressing the dream of many of his compatriots in South Africa.
Source:The North Africa Journal
November 06, 2023 11:46 UTC
Egypt Unveils Plans to Engage Private Sector in Airport Management
Egypt’s Prime Minister Mostafa Madbouly recently unveiled the government’s strategic vision to allow the private sector to take the reins in managing and operating the country’s airports. During the Trans MEA event in Cairo, Madbouly articulated the government’s intention to forge partnerships with the private sector, indicating a significant shift in Egypt’s transportation sector. Madbouly emphasized the Egyptian government’s commitment to forging partnerships with private entities within the transportation domain. “We are convinced that the private sector is best suited to manage and operate various projects and facilities, whether sea ports or dry ports,” affirmed Madbouly. Egypt, with its strategic geographic position, robust aviation network, and progressive initiatives, is poised for an exciting transformation in its transport industry with this pioneering move towards private sector engagement.
Source:The North Africa Journal
November 06, 2023 11:44 UTC
ONE completes terminal acquisitions in US West Coast, Rotterdam
Ocean Network Express (ONE) has obtained all necessary regulatory approvals and completed its acquisition of a 51 percent stake in TraPac and Yusen Terminals (YTI), and a 20 percent stake in Rotterdam World Gateway (RWG). These acquisitions safeguard ONE's access to terminal capacity in key and strategic gateways, support its growth ambitions, and enhance its service offerings to customers, says an official release. "TraPac and YTI are container terminal operators and vessel stevedores that provide container terminal services in Los Angeles and Oakland, California. With a combined capacity of 4.3 million TEU annually, the acquisition of these two terminals further strengthens ONE's position on the U.S. West Coast." RWG operates a highly automated container terminal in the Port of Rotterdam with an annual capacity of 2.6 million TEU, the release added.
Source:The North Africa Journal
November 06, 2023 11:38 UTC
Winning Image of the Canon Redline Challenge 2023 Revealed
Carlos Salvador’s winning image, in which he captured his dog on a morning walk along his local beach, is very captivating. Carlos will receive a Canon EOS R5 bundle, including the highly versatile RF 24-105mm f/4 L IS USM lens. Hopefully the Redline Challenge will continue to inspire photography enthusiasts to keep exploring“, said Susie Donaldson, European Marketing Director at Canon. Distributed by APO Group on behalf of Canon Central and North Africa (CCNA). Media enquiries, please contactCanon Central and North AfricaMai Youssefe. [email protected]APO Group – PR AgencyRania ElRafiee. [email protected]About Canon Central and North Africa:Canon Central and North Africa (CCNA) (www.Canon-CNA.com) is a division within Canon Middle East FZ LLC (CME), a subsidiary of Canon Europe.
Source:The North Africa Journal
November 06, 2023 11:36 UTC
Solar mini-grids offer clean-power hope to rural Africa
Working as a nurse in her rural Nigerian village, Andat Datau faced more than her share of challenges. Off-grid for years, her Sabon Gida village relied on diesel generators or lamps and, like millions of other Africans, Datau often got no light at all. But the drop in solar technology costs over a decade has prompted a growth in clean energy mini-grids, with rural Africa poised to benefit the most. "Solar mini-grids are integral to Nigeria's energy transition plan," Abba Aliya at Nigeria's Rural Electrification Agency said. "Solar in Africa still needs more work, especially financing and creating profitable models.
Source:The North Africa Journal
November 06, 2023 10:13 UTC
Israel Army Struggles To Beat Hamas' Al-Qassam Brigades In North Gaza; 30 Soldiers Killed
Israel Army Struggles To Beat Hamas' Al-Qassam Brigades In North Gaza; 30 Soldiers KilledIsrael continues to bomb the Gaza strip while its ground offensive intensifies. In the latest, Israeli bombardment of central Gaza killed at least 45 Palestinians, as per Al Jazeera. The Israeli forces also claimed to have struck 450 Hamas targets overnight. However, the ground battles tell a different story. 30th Israeli soldier has been killed in fierce battles with Hamas' Al-Qassam brigades in Northern Gaza.
Source:The North Africa Journal
November 06, 2023 09:31 UTC
Filling the Holes
A new exhibit at Standard Bank Art Gallery in Johannesburg attempts to fill some of the holes in African art history. Called Groot Gat, the exhibit showcases works by Lady Skollie inspired by the Bushmen paintings that were relegated to obscurity under colonial rule. The visual feast is at once a story of ‘selected truths and curated lies’ and a vibrant expression of a culture. The exhibition unfolds around Boesmansgat, a legendary freshwater cave in the Northern Cape previously used as a fishing hole by indigenous peoples. Groot Gat imagines Dada as a deity who paints beautiful cave paintings to draw in souls before ‘snatching them off the face of the earth’.
Source:The North Africa Journal
November 06, 2023 08:33 UTC
Why does France have military bases in Africa?
There have been growing protests against France's presence in Africa, where it has previously flexed its military might. French troops have recently been expelled from Niger and Mali and others are considering scrapping independence-era deals that led to at least 30 French direct military interventions between 1964 and 1995.
Source:The North Africa Journal
November 06, 2023 07:16 UTC
Innovation in energy product development for Africa
Quinton Lamprecht, Allbro Managing Director, spoke to ESI Africa at Enlit Africa about innovation in energy product development, infrastructure and sustainability. “Most of the people in our competitive space are creating products that are really disposable, you’re getting five to seven years out of them,” said Lamprecht. Find out more about cost-effectiveness, certification and competitiveness in the South African energy market from Allbro.
Source:The North Africa Journal
November 06, 2023 06:20 UTC
Egypt’s MNT-Halan raises $130m securitisation to take 2023 funding to over $400m
MNT-Halan, Egypt’s first unicorn and fastest-growing fintech startup, has raised a US$130 million securitisation, one of five tranches of securitised bond issuances this year that have so far banked it over US$400 million. Founded in 2018, MNT-Halan was created to digitally bank the unbanked and substitute cash with electronic solutions. With more than 1.5 million quarterly active users, MNT-Halan has served more than seven million customers in Egypt. This gives us great comfort as our loan book of US$650 million is growing at four-five per cent month-over-month. In addition to CIB and CI Capital, participating regional and local financial institutions included Al Ahli Bank of Kuwait, Al Baraka Bank, Arab African International Bank, Arab African Investment Management, Midbank, Misr Asset Management, SAIB Bank, ABC Bank, Arab International Bank, Banque Misr and the Housing and Development Bank.
Source:The North Africa Journal
November 06, 2023 06:14 UTC
EU must fix neglected relations with Africa, says Fiala
According to Fiala, Czechia must stop looking at Africa as something that is distant. “It is already happening in other countries, and we must not stand aside,” the prime minister said before his visit to Ethiopia, Kenya, Nigeria, Ghana, and Ivory Coast. We must correct what we have neglected,” the Czech Prime Minister said. Fiala is convinced that the EU should not only talk to the countries of North Africa but also to other countries from which people are heading north. According to the prime minister, building new and better relations with Africa is advantageous as the Czech Republic is now trying to diversify its partners in imports and exports.
Source:The North Africa Journal
November 06, 2023 05:55 UTC