Egyptian e-commerce startup WayUp raises seed round of funding
Egypt’s WayUp Sports, an e-commerce platform specialised in performance-based sports gear, has secured a seed round of funding to help it expand regionally, launching a private brand, and enhance user experience over its application and website. The startup’s undisclosed seed round was led by Beltone Venture Capital, Index Sports Fund, and other strategic angel investors. WayUp Sports will use the funding to aid its regional expansion, launch a private WayUp Sports brand, and continue enhancing user experience. “This seed round is a significant milestone for WayUp Sports that will support the growth of the company to meet the rising demand and potential in the local and regional market. With its ambitious expansion plans set in place, WayUp Sports company is well positioned to become the leading platform in the region,” he said.
Source:The North Africa Journal
November 22, 2023 08:39 UTC
Luciferase Assays Market Poised to Surpass US$ 3 Billion by 2032-FMI Study
The luciferase assays market is divided geographically into seven regions: Asia-Pacific (excluding Japan), Eastern Europe, Western Europe, North America, Latin America, Middle East & Africa, and Eastern Europe. Businesses are trying to look into the possibilities of the luciferase assay market in economically developing regions such as Asia Pacific, where they are concentrating their resources. Get a Sample Copy of the Report:https://www.futuremarketinsights.com/reports/sample/rep-gb-5565Luciferase Assays Market: Drivers and RestraintsThe market for luciferase assay is expected to upsurge owing to its penetrating usage in research to study the gene expression. Luciferase Assays Market: Key Market ParticipantsSome of the luciferase assays market participants are Life Technologies, Sigma Aldrich, Thermo Fisher, Promega, Clontech, Invivogen, Roche Applied Sciences, Switchgear Genomics, Origene, Perkin Elmer, EMD Millipore, Clontech, Gold Biotechnology, Lonza and GE Healthcare Life Sciences. New product launch, collaborations and acquisitions are few of the strategies the luciferase assays market players undertake.
Source:The North Africa Journal
November 22, 2023 07:48 UTC
Global Reverse Transcriptase Enzymes Market might potentially achieve US$ 481.8 Million by 2032, driven by a 3.4% CAGR, according to estimates | FMI
Reverse Transcriptase Enzymes MarketThe global reverse transcriptase enzymes market is expected to reach US$ 335.0 Million in 2022. By 2032, the market for reverse transcriptase enzymes is anticipated to reach US$ 481.8 Million with a CAGR of 3.4%. After that, it looked at the main market factors in the world, including, among other things, the growth rate and prediction for the Reverse Transcriptase Enzymes market. https://www.futuremarketinsights.com/askus/rep-gb-5496Key Takeaways:The global reverse transcriptase enzymes market is expected to reach US$ 481.8 million by 2032, growing at a CAGR of 3.4% from 2022 to 2032. The market is driven by the increasing demand for reverse transcriptase enzymes in molecular biology research and diagnostics.
Source:The North Africa Journal
November 22, 2023 07:34 UTC
Market developments and potential of Africa's electricity grids
Rodrigo Bianchi, Commercial Director at Balestro, spoke to ESI Africa at Enlit Africa about bringing their Brazilian distribution and transmission line products to Africa’s electricity grids. He believes the biggest strength of Africa is the potential for the continent to grow its electricity grids. Find out more about manufacturer Balestro.
Source:The North Africa Journal
November 22, 2023 06:37 UTC
Morocco : Mohamed Benchaâboun walks a tightrope as head of royal fund
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Source:The North Africa Journal
November 22, 2023 05:49 UTC
LONGi and Powernsun Renew Collaboration at The Solar Show KSA 2023
LONGi and Powernsun have reaffirmed their commitment to advancing the energy transition in the Middle East and North Africa through a renewed collaboration. On October 31, 2023, in Riyadh, the companies formalized their partnership by signing a memorandum of understanding. This agreement solidifies their joint efforts in delivering cutting-edge photovoltaic panel technologies to the Middle East market. The signing ceremony took place during the Solar Show & Future Energy Show KSA, a prominent event held in Saudi Arabia. The collaborative initiative underscores their shared dedication to contributing to the region’s sustainable energy landscape, further positioning LONGi and Powernsun as key players in the promotion and distribution of PV modules in the Middle East.
Source:The North Africa Journal
November 22, 2023 01:54 UTC
North Korea Claims Satellite Win After Two Failures
And also, North Korea has trouble tracking these things on the ground. South Korea actually fished out North Korea's first attempted spy satellite after it crashed into the ocean. So what do we expect next from North Korea? And for North Korea, they made it very clear what they're trying to do next is put more satellites into orbit. And there's just been very little the West has been able to do to rein in North Korea.
Source:The North Africa Journal
November 22, 2023 01:21 UTC
VeryPay is Transforming African Value Chains with its E-Wallet Companion Solution
The VeryPay e-wallet companion solution is redefining financial ecosystems across many sectors such as retail, agriculture, transportation, and education. These sectors are long overdue for a digital uplift that fosters financial inclusion and drives economic growth across the continent. It creates a digital financial footprint for users who were previously invisible to the formal financial system. Farmers, armed with VeryPay payment tokens, can effortlessly purchase crucial supplies like seeds and fertilisers. It’s a perfect blend of technology and financial inclusion, making sure every farmer is part of a dynamic, inclusive financial ecosystem.
Source:The North Africa Journal
November 21, 2023 22:00 UTC
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Binance's Zhao says Richard Teng to become next CEO
Space category · November 22, 2023 · 3:51 AM UTCNorth Korea launched a rocket late on Tuesday carrying what it called a reconnaissance satellite, prompting South Korea to suspend a key part of a military pact it had signed in 2018 with Pyongyang to de-escalate tensions on the Korean peninsula.
Source:The North Africa Journal
November 21, 2023 21:20 UTC
Victony Assembles The Avengers of Afrobeats On New Single "Ohema"
Afrobeats rising star Victony, with a remarkable career tally of almost a billion streams, continues to dominate the music landscape in 2023. Victony unveils his new release titled "Ohema," an opulent amalgamation of artistic brilliance and collaborative finesse that underscores Victony's prodigious talent. Victony's ingenuity shines through as he orchestrates a symphony of voices, celebrating 'Ohema' as a metaphorical embodiment of Afrobeats reigning supreme in the hearts of all. More than just a song, "Ohema" is a jubilant celebration of artistic collaboration, a testament to the vibrant spirit of the Nigerian music scene. As a prelude to what lies ahead, Victony's "Ohema" paves the way for his much-anticipated collaboration with Post Malone and Swae Lee, scheduled for release in the first quarter of 2024.
Source:The North Africa Journal
November 21, 2023 18:25 UTC
Hitachi Energy unveils new emission-free alternative to diesel-powered generators
Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, unveiled today the HyFlex™ demonstration unit, its Hydrogen Power Generator in Gothenburg, Sweden. “We are delighted to unveil this pioneering solution that decarbonizes hard-to-abate applications,” said Marco Berardi, Head of Grid & Power Quality Solutions and Service at Hitachi Energy. Hitachi Energy expects to launch a movable variant of this eco-friendly generator for temporary deployment in late 2024 and the permanently deployable variant in 2025. With the unveiling of this breakthrough technology, Hitachi Energy now has a complete solutions portfolio across the green hydrogen value chain. Hitachi Energy has already provided a grid-to-stack solution for a 20 MW electrolyzer in Sweden and is providing a similar solution for a 20 MW project in Finland.
Source:The North Africa Journal
November 21, 2023 17:06 UTC
Suhel Nafar Is On a Mission to Put Middle Eastern & North African Artists On the Global Stage
As vp of strategy and development at EMPIRE, where Nafar started in early 2021, he is leading the company’s expansion into the WANA region, which is rich with talent. It means working with a lot of artists on signings and signing labels as well. There’s a gap [in the WANA region] because we don’t have enough people behind the scenes. What about hip-hop artists? A lot of it is mental support because many artists are going through a lot of emotional pain right now.
Source:The North Africa Journal
November 21, 2023 17:04 UTC
Middle East and North Africa Data Center Market Investment to Reach $8.38 Billion by 2028 - Arizton
government has announced the launch of its first data center park, with stc collaborating with the Ministry of Transport and Telecommunications to develop the first data center within the park. What is the growth rate of the Middle East and North Africa data center market? What is the estimated market size in terms of area in the Middle East and North Africa data center market by 2028? How many MW of power capacity is expected to reach the Middle East and North Africa data center market by 2028? Check the Detailed Table of Contents of the Report @ https://www.arizton.com/market-reports/middle-east-and-north-africa-data-center-market?details=tableOfContentsCheck Out Some of the Top-Selling Research Reports:Africa Data Center Colocation Market - Industry Outlook & Forecast 2023-2028Middle East Data Center Colocation Market - Industry Outlook & Forecast 2023-2028Africa Data Center Construction Market - Industry Outlook & Forecast 2023-2028Middle East Data Center Market - Industry Outlook & Forecast 2022-2027Why Arizton?
Source:The North Africa Journal
November 21, 2023 16:50 UTC
Lunate and BNY Mellon to Invest in New Wealth Technology Company - Bank of New York Mellon (NYSE:BK)
"We are proud to invest in an organization which recognizes the need for a locally-developed wealth technology solution, and to support the burgeoning wealth management industry in the region." About BNY MellonEstablished in 1784, BNY Mellon is America's oldest bank and the first company listed on the New York Stock Exchange (NYSE: BK). BNY Mellon has been named among Fortune's World's Most Admired Companies and Fast Company's Best Workplaces for Innovators. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation. Media ContactsLunate: media@lunate.comBNY Mellon: Jessica.thomas@bnymellon.comAlpheya: contact@alpheya.comSOURCE BNY Mellon
Source:The North Africa Journal
November 21, 2023 15:33 UTC