DaveAI Expands Presence in the Middle East, Sets Sights on GITEX and North Star Global Events
This move marks a significant milestone in the company’s journey to revolutionise the AI industry in the Middle East. The establishment of a sales office in Dubai marks a milestone in DaveAI’s journey, demonstrating the company’s unwavering commitment to fostering innovation and growth. The Dubai office will serve as a hub for DaveAI’s Middle East operations and provide local support to its rapidly growing customer base. The company is gearing up for a prominent presence at two of the Middle East’s most prestigious technology events: GITEX Technology Week and the North Star Global Event, both scheduled to take place in Dubai from October 15th to 20th. North Star Global Event is a premier B2B event that connects global buyers and suppliers from various industries such as IT, telecom, electronics, security, and more.
Source:The North Africa Journal
October 10, 2023 15:53 UTC
Labour’s Hopes Dim in New Zealand’s First Post-Ardern Election
New Zealand’s election campaign is ending with little fanfare. Yet the vote on Oct. 14 is poised to deliver significant change, whatever the outcome. The last time the country went to the polls, in 2020, then-Prime Minister Jacinda Ardern’s successful initial response to the COVID-19 pandemic saw her Labour Party rewarded with an absolute majority—an unprecedented result under the proportional representation system used since 1996. Fast-forward three years and Ardern’s battle against COVID-19 is all but a memory.
Source:The North Africa Journal
October 10, 2023 15:19 UTC
SA’s Sanari Capital raises $65m in 2nd close of new growth fund
Sanari Capital, a women-led and majority Black- and women-owned South African private equity firm, has raised ZAR1.25 billion (US$65 million) in the second close of its growth fund, which aims to fuel employment opportunities and foster economic growth across Africa. Sanari Capital invests between ZAR50 million (US$2.6 million) and ZAR250 million (US$13 million) in well-established businesses at an inflection point, driven by technology, innovation, thematic or sectoral growth drivers, and new markets. The Sanari 3S Growth Fund, which has just achieved a second close at US$65 million, is targeting a final close of up to $100 million. The PIC manages capital for the Government Employees Pension Fund (GEPF), which is the largest pension fund in Africa. The capital invested by the fund qualifies as 100 per cent black ownership in underlying portfolio companies, offering benefits over and above the firm’s growth capital and value-adding support.
Source:The North Africa Journal
October 10, 2023 15:03 UTC
Connected Home Market Poised for Strong Growth with Smart Speakers in North America Projected to Reach $39.1 Billion by 2028 - ResearchAndMarkets.com
Key findings and insights from the report include:Smart Speakers in North America: Smart speakers in connected home solutions in North America are projected to reach $39.1 billion by 2028. This suggests strong growth and adoption of voice-controlled smart speakers in the region. Edge Computing in South America: Edge computing support for connected homes in South America is expected to reach $387.3 million by 2028. Evolution of Smart, Connected Homes: The concept of the smart, connected home is evolving, with greater intelligence, connectivity, and control. Integration of AI: AI technologies are playing a significant role in the connected home market.
Source:The North Africa Journal
October 10, 2023 14:24 UTC
Delhi, Kolkata, Other North Indian Cities to Face Longer Unbearable Hot Seasons: Study
A water sprinkler in action near the India Gate on a hot summer day in Delhi. Researchers modelled global temperature increases ranging between 1.5 and 4 degrees Celsius to identify areas of the planet where warming could lead to heat and humidity levels that exceed human limits. Results indicated that warming of the planet beyond 1.5 degrees above preindustrial levels will be increasingly devastating for human health across the planet. Advertisement As climate change pushes temperatures higher around the world, billions of people could be pushed beyond these limits. In 2015, 196 nations signed the Paris Agreement which aims to limit worldwide temperature increases to 1.5 degrees above pre-industrial levels.
Source:The North Africa Journal
October 10, 2023 14:14 UTC
Catching Up on the Back-channel Peace Talks in Yemen
Talks between Saudi Arabia and Houthi insurgents who seized power in Yemen nine years ago are proceeding, albeit at a deliberate pace. Back-channel talks began in April 2022, when the UN mediated a two-month ceasefire between the parties, which they renewed twice. But as the talks have dragged on, it has become equally apparent that major differences separate the sides. Hopes surged in early April, when the Saudi ambassador to Yemen, Mohammed al-Jaber, visited Sanaa, where the Houthis hold sway. In their official statements, most of the Yemeni factions opposed to the Houthis back the Saudi-Houthi talks.
Source:The North Africa Journal
October 10, 2023 13:58 UTC
Gabon’s strongman visits Chad for fourth international trip – The North Africa Post
Brice Clotaire Oligui Nguema, the General and new leader of Gabon, undertook his fourth international trip with a visit Monday October 9 to Chad where he met President Mahamat Idriss Deby Itno. The Gabonese leader came to power on August 30, after deposing Omar Bongo Ali Odimba. The visit came in the wake of Chad’s support for the power takeover. The Chad visit is the fourth by Nguema since taking power. He travelled to Equatorial, Congo Brazzaville, and Central African Republic where he met the leaders of these countries in a bid to end Gabon’s isolation following the coup.
Source:The North Africa Journal
October 10, 2023 13:43 UTC
Egypt suspends customs duties on essential goods for six months – The North Africa Post
Egypt’s Premier Mostafa Madbouly announced Monday October 9 the government decision to suspend from next Saturday duties and customs on essential goods as part of the efforts to curb inflation, especially in food prices. Speaking at a press conference, Madbouly indicated that the government also agreed to reduce the prices of seven basic commodities by 15 to 25 percent. These commodities include beans, dairy products, white cheese, mixed oil, pasta, sugar, lentils, poultry products, eggs, and rice, ‘Ahram Online’ reported. “The initiative will reflect positively on the availability of essential goods and the stability of the markets,” he noted. Ahmed Samir, Minister of Trade and Industry also present at the press conference indicated that North African country seeks to facilitate procedures for releasing imported goods from ports as quickly as possible.
Source:The North Africa Journal
October 10, 2023 13:43 UTC
Israel-Hamas war: Conflicting reactions across North Africa
Regional peaceIn a press release, the Ministry of Foreign Affairs stressed that Morocco “condemns attacks against civilians wherever they may be”. In Tunis, left-wing activists began gathering as soon as Hamas announced the launch of Operation Al-Aqsa Flood on 7 October. Ever since it welcomed Palestinians driven out of Lebanon by the Israeli army in 1982, Tunisia has shown unwavering support for them. President Kais Saied also emphasised “the right of the Palestinians to establish the capital of their independent state in Al-Quds”. Pro-Iranian Houthi militias in Yemen echoed this, declaring their support for Hamas’s “heroic jihadist operation” which it said revealed Israel’s “weakness, fragility and impotence”.
Source:The North Africa Journal
October 10, 2023 13:23 UTC
North Africa Fruits and Vegetables Processing Market Size, Share, Growth, Drivers, Scope and Report 2023-2028 – SeeDance News
The latest report by IMARC Group, titled “North Africa Fruits and Vegetables Processing Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2023-2028,“ offers a comprehensive analysis of the industry, which comprises insights into the market. The North Africa fruits and vegetables processing market size reached US$ 73.7 Billion in 2022. North Africa Fruits and Vegetables Processing Market Overview:Fruits and vegetables processing is a specialized method employed to clean, sort, and transform fresh fruits and vegetables into products ready for consumption or further manufacturing. Request a Sample Report: https://www.imarcgroup.com/north-africa-fruits-vegetables-processing-market/requestsampleMarket Trends:The North Africa fruits and vegetables processing market is witnessing substantial growth, attributed to the region’s agricultural strengths and evolving consumer preferences. The abundance of agricultural produce, coupled with government initiatives to bolster the food processing industry, is a significant driver.
Source:The North Africa Journal
October 10, 2023 12:13 UTC
CanariaBio and Hikma announce the signing of distribution and license agreement for oregovomab in MENA Region
SEOUL, South Korea, Oct. 10, 2023 /PRNewswire/ -- CanariaBio Inc. and Hikma MENA FZE, part of Hikma Pharmaceuticals PLC (Hikma), today announced the signing of distribution and license agreement for oregovomab in the Middle East and North Africa (MENA) region. "We are thrilled to partner with Hikma, a company with a strong presence in the MENA region and a proven track record of successful collaborations," said Michael Na, CEO of CanariaBio. Oregovomab is being tested in combination with carboplatin and paclitaxel for patients with advanced ovarian cancer in the phase 3 FLORA-5 trial. About HikmaHikma MENA FZE, a key subsidiary of the global pharmaceutical leader Hikma, is a prominent provider of branded generic and in-licensed medicines in the MENA region. About CanariaBioCanariaBio Inc. is a clinical-stage biopharmaceutical company dedicated to the development and commercialization of innovative cancer biotherapeutics.
Source:The North Africa Journal
October 10, 2023 12:13 UTC
ABO Wind Concludes Sale Of 100MW Photovoltaic Project Rights In South Africa
ABO Wind has successfully concluded the sale of project rights for a photovoltaic project in South Africa, marking the third photovoltaic facility in a 300-megawatt cluster. Notably, ABO Wind had already sold the remaining 200 megawatts within the cluster in 2022. The ABO Wind team diligently obtained the required permits and consents, positioning the project for construction. ABO Wind’s South African business model centers on the large-scale wind, solar, battery storage, hybrid projects, and potential green hydrogen production sites. ABO Wind strives to incorporate utility-scale Battery Energy Storage Systems (BESS) into its photovoltaic and wind energy projects whenever feasible, paving the way for hybrid projects.
Source:The North Africa Journal
October 10, 2023 11:46 UTC
Report: Green hydrogen will need careful, strategic planning
With careful, considered and collaborative planning, and a comprehensive green hydrogen strategy, countries can create an enabling environment for the case-by-case development of green hydrogen projects. This is according to AUDA-NEPAD’s support studies for green hydrogen, a part of a series of specific support studies for The African Continental Power Systems Masterplan. The report focuses on the findings of the green hydrogen power specific support study which was developed with support from the European Union Technical Assistance Facility (EU-TAF) for Sustainable Energy. Industry Insights HYDROGEN Volume 1-2023Addressing barriers to green hydrogen developmentNonetheless, green hydrogen has its own set of challenges and opportunities. For example, green hydrogen is not cost-competitive, with notably high end-user costs.
Source:The North Africa Journal
October 10, 2023 11:31 UTC
Africa’s natural gas sector set for growth – IEA report
The IEA’s Medium-Term Gas Report 2023 forecasts Africa’s annual gas consumption to increase by an annual average of 3% during 2022-2026. “The use of domestic natural gas production makes sense for African consumer countries, offering the considerable advantage of lower energy costs compared with fuel imports. The IEA points out that despite holding over 9% of the world’s proven reserves and a vast potential for green energy, Africa remains the most energy-poor continent. Africa accounted for nearly 40% of new natural gas discoveries globally in the past decade, mainly in Mozambique, Mauritania, Senegal and Tanzania. Challenges facing Africa’s natural gas potentialHowever, socio-political instability and security issues make Africa a high-risk environment for the gas industry.
Source:The North Africa Journal
October 10, 2023 10:07 UTC
South Africa at Rugby World Cup 2023: How to watch Springboks face France live in the quarter-finals - full schedule
South Africa's men's rugby team, known as the Springboks, are a step closer to an unprecedented fourth Rugby World Cup title after reaching the quarter-finals of the 2023 edition where they will face hosts France. The Springboks will have a mountain to climb to reach the final to defend their title as they face one of the top rugby nations in the world. Bolstered by home-ground advantage, Les Bleus will be looking to finally claim the crown after finishing as runners-up at the Rugby World Cup finals in 1987, 1999, and 2011. The sides last met in the semi-final of the 1995 Rugby World with hosts South Africa fending off a French onslaught before they went on to win their first of three titles. The French have won six of their 12 matches on home soil including last year’s 30-26 victory in Marselle.
Source:The North Africa Journal
October 10, 2023 09:25 UTC