Hurricane Tammy could turn toward U.S. as it weakens; system over Nicaragua dissipating
Forecasters say Hurricane Tammy could turn back toward the U.S. East Coast in the coming week, but not at hurricane strength. Meanwhile, a tropical depression that had formed off the east coast of Nicaragua has traveled inland and is dissipating. Beyond that, it could travel toward the east coast of the U.S., but models are in disagreement. Those were Hurricane Lee, a rare Category 5; Hurricane Franklin, a Category 4; and Hurricane Idalia, which made landfall on Florida’s Big Bend region at Category 3 strength on Aug. 30. Hurricane season officially runs through Nov. 30.
Source:The North Africa Journal
October 24, 2023 11:32 UTC
Hitachi Energy acquires eks Energy
Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, announced today that it has acquired a controlling stake of eks Energy, a leading supplier of power electronics and energy management solutions for storage and renewables integration, based in Seville, Spain, from Powin LLC (Powin), a top global energy storage system provider. The investment also marks the establishment of a strategic partnership with Powin, who maintains a significant ownership stake in eks Energy. We look forward to continuing to work with eks Energy and Hitachi Energy to bring more projects like WSB to the world.”The addition of eks Energy to the Hitachi Energy portfolio demonstrates accelerated traction on the company’s 2030 strategic growth plan. Hitachi Energy is continuously strengthening its power grids core business while advancing the world’s energy system to be more sustainable, flexible and secure. Nomura Greentech acted as exclusive financial advisor and Shearman & Sterling acted as legal advisor to Hitachi Energy.
Source:The North Africa Journal
October 24, 2023 10:55 UTC
Nigerian Startup Drives Financial Inclusion for Female Farmers - IT News Africa
In 2020, 37 percent of women in Sub-Saharan Africa had access to a bank account, compared with 48 percent of men. However when looking at South Africa, according to the World Bank, this have changed significantly over the past few years. Today, in Nigeria only 35% of women have access to financial services. Addressing the Financial Needs of Women in NigeriaThis is changing significantly with the promising introduction of innovative financial services geared towards addressing the needs and concerns of women and their financial progress. They have opened up a wealth of investment, savings and credit avenues for small holder women farmers in Nigeria.
Source:The North Africa Journal
October 24, 2023 10:50 UTC
SA crypto exchange VALR partners Visa to issue payment cards
VALR, the largest South African crypto exchange by trading volume, and Visa, the world’s largest card network, have announced a strategic partnership for the issuance of Visa cards and delivery of other digital payment solutions. A partnership with Visa was a natural step for VALR as we bring more innovative products and services to our customer base. The partnership between VALR and Visa follows other Visa partnerships with leading global crypto asset service providers such as Coinbase, Crypto.com and Circle. “Visa is excited to work with VALR to issue Visa credentials to VALR customers. With this partnership we will work on innovative payment and card products that empower VALR customers to utilise the Visa network to make and receive payments globally.
Source:The North Africa Journal
October 24, 2023 09:56 UTC
Global energy systems are changing, but is it enough?
The latest IEA World Energy Outlook report describes global energy systems in 2030 in which clean technologies play a much greater role than they do today. Should countries deliver on their national energy and climate pledges as promised, clean energy progress would move even faster. It highlights that one area of global energy markets that was hit hard by the global energy crisis will see an easing of pressure over the next few years. Of referenceReshaping the fundamental shift to clean energy in Africa using natural gasWhat do global energy systems look like in the future? The Outlook considers some of the major variables that will influence the global energy systems and markets in the coming years.
Source:The North Africa Journal
October 24, 2023 09:11 UTC
Algeria eyes pipeline under Mediterranean to supply 10% of Europe’s hydrogen
Algeria intends to become a major supplier of green hydrogen and in the future supply a tenth of Europe’s needs of the green gas produced from renewable power. The North African country this year also held two large solar power tenders, the ministry added. Italian Prime Minister Giorgia Meloni Monday also visited Algeria, and closed deals for an Algerian-Italian ‘energy bridge’ with the aim of making Italy independent of Russian gas deliveries until the winter of 2024/25. “Algeria already today is our most important gas supplier and strategic for energy supply,” Meloni is quoted as saying on RDN after meeting Algeria’s President Abdelmadjid Tebboune. Germany had already discussed the idea of dedicated green hydrogen pipelines in the wake of energy partnerships with other countries, such as Norway.
Source:The North Africa Journal
October 24, 2023 07:55 UTC
Chevron Buying Hess For $53 Billion In Latest Major Oil Deal
KEY FACTSThe deal values Hess at $171 per share and will provide Hess shareholders with just over 1.02 shares of Chevron for each Hess share at the deal’s closing, according to a joint statement. Chevron will acquire 30% ownership of more than 11 billion barrels of oil equivalent in Guyana, which Hess CEO John Hess called the “world’s largest oil discovery” in the last decade, in addition to 465,000 acres of assets in the Bakken Formation in North Dakota.
Source:The North Africa Journal
October 24, 2023 06:29 UTC
Death sentences for 38 over 2021 lynching of Algeria fires volunteer
Thirty-eight people were sentenced to death in Algeria on Monday for their role in the 2021 killing of Djamel Bensmail. He had been falsely accused of starting deadly forest fires in the north-eastern Kabylie region when in fact he had volunteered to fight them. After the images went viral, often shared with the hashtag #JusticePourDjamelBenIsmail, the people who took the selfies tried to cover their tracks. "The victim's father said from the outset that he had confidence in Algerian justice, in the justice of our country. The death sentences for the 38 will be commuted to life in prison as Algeria has a moratorium on capital punishment.
Source:The North Africa Journal
October 24, 2023 05:30 UTC
Hitachi Energy passes 150 GW in HVDC links integrated into the power system, expands capacity to meet accelerating energy transition demand
Examples from this year alone are the power quality factory and the global technology and innovation center in India, and the transformer factory in China. Digital technologies like Lumada Asset Performance Management and IdentiQ™ for HVDC and power quality. Some key projects enabled by the company’s technologies are Champlain Hudson Power Express, TenneT’s 2GW Program, and Project Lightning, a first-of-its-kind subsea power transmission project. “Since we started the journey with Hitachi in July 2020, we have been able to accelerate our growth and expansion, also leveraging synergies across Hitachi Group,” Facchin added. As Hitachi, we have a unique position across IT, OT and product capabilities to support our customers throughout the entire lifecycle.”
Source:The North Africa Journal
October 24, 2023 05:02 UTC
Libya : Dabaiba secretly resumes contact with ex-foreign minister Najla al-Mangoush
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Source:The North Africa Journal
October 24, 2023 04:46 UTC
A New Vision for Islamic Pasts and Futures
In this dazzlingly creative and thought-provoking digital book, Bashir argues that Islam needs to be understood not as a monolithic, unchanging faith but as an accumulation of beliefs and practices that people have labeled “Islam” over time and across regions. In Bashir’s view, both Muslims and non-Muslims have contributed to this process. Bashir abandons the constraints of the conventionally linear printed book for an online, open-access format. Linking texts from a dizzying array of sources, including poetry, novels, art, architecture, trinkets, graffiti, and films, the book invites immersion. Please enable JavaScript for this site to function properly.
Source:The North Africa Journal
October 24, 2023 04:05 UTC
UN peacekeepers expedite pullout from northern Mali camp amid tense security context
UN peacekeepers made an early withdrawal from their camp at Tessalit in northern Mali, the United Nations mission revealed Sunday. The MINUSMA statement read that the pull-out was completed "in an extremely tense and degraded security context putting in danger the lives of personnel". Before quitting the base and heading for Gao (the biggest town in northern Mali), MINUSMA said it had "destroyed, deactivated or put out of service equipment such as vehicles, munitions, generators and other items". The Malian army said it took over the Tessalit camp on Saturday. Before Tessalit, MINUSMA had transferred five other camps to the Malian authorities since August.
Source:The North Africa Journal
October 24, 2023 01:42 UTC
Morocco’s King receives message from Emir of Qatar – The North Africa Post
King Mohammed VI has received a verbal message from Emir of Qatar Sheikh Tamim Ben Hamad Al-Thani. The message was conveyed to the Sovereign by Sheikh Faisal Bin Thani Al Thani, Chief of Asia & Africa Investments at Qatar Investment Authority (QIA) at an audience at the Royal Palace in Rabat Monday. The audience was attended by the King’s Advisor, Fouad Ali El Himma.
Source:The North Africa Journal
October 24, 2023 00:23 UTC
S.Africa's third biggest political party holds protest outside Israeli embassy
South African opposition party, the Economic Freedom Fighters’ held Monday (Oct. 23) a pro-Palestinian demonstration in Pretoria. Crowds gathered in front of the Israeli Embassy as Julius Malema, renewed calls for the closure of the embassy and urged retailers to stop selling Israeli goods. "When you are oppressed, the only option you have is to fight, and that's what Hamas is doing", Malema said. Hamas won 2006 parliamentary elections elections and in 2007 violently seized control of the Gaza Strip from the internationally recognized Palestinian Authority. In retaliation, Israel pummeled the Gaza Strip with airstrikes that have killed thousands of civilians.
Source:The North Africa Journal
October 23, 2023 19:09 UTC
Freelance IT Market Flooded With North Korean Actors
US organizations that hire freelance and temporary IT workers should be sure they are not signing up individuals working on behalf of the North Korean government. The DOJ described the 17 domains it seized as being used by some North Korean IT workers to apply for remote work in the US and elsewhere. In reality, however, the people behind it were North Korean IT workers with a China-based company called Yanbian Silverstar Network Technology Co. Ltd and another Russian company identified as Volasys Silver Star. The North Korean IT workers at these companies used various online payment services and Chinese bank accounts to funnel earnings from their work as freelance IT workers back to North Korea. Camera ShyThis week's advisory provided updated advice for US organizations on how to spot a potential North Korean IT worker.
Source:The North Africa Journal
October 23, 2023 19:06 UTC