Ethiopia appoints new President amid political tensions – The North Africa Post
Ethiopia’s parliament has approved a new president, Taye Astike Selassie, replacing Sahle-Work Zewde, the country’s first female head of state. This change comes amid reports of growing tensions between Sahle-Work and Prime Minister Abiy Ahmed, who holds the primary political power in Ethiopia. Taye Astike Selassie, 68, previously served as foreign minister and is considered close to Abiy. The replacement of Sahle-Work means that Tanzania’s President Samia Suluhu Hassan is currently Africa’s only female head of state. This change in leadership highlights the complex political dynamics in Ethiopia and raises questions about the future direction of the country’s governance and peace efforts.
Source:The North Africa Journal
October 08, 2024 11:11 UTC
Handball: Laayoune hosts Africa’s Clubs Championship 2024, Algerian regime Whimpers – The North Africa Post
The 45th African handball clubs championship will be organized in the Moroccan Saharan city of Laayoune from 10 to 19 October with the participation of 27 teams (16 men’s /11 women’s club champions) from several African countries despite the Algerian regime’s hostile campaign. Morocco has gained the trust of the African Handball Confederation and the support of African countries for hosting the event in Laayoune. These countries are Egypt, Republic of Congo, Ethiopia, Cameroon, Côte d’Ivoire, Benin, and Senegal. Cameroon’s clubs “FAP” and “Friendship HB” are also vying for the Laayoune title, while Benin is participating with “Adjidja HBC and Flowers CNSS. Algeria withdrew from the championship after failing to block the Laayoune African tournament, suffering another major setback which comes two weeks after Morocco expelled the Algeria-backed polisario group from the International Chess Federation.
Source:The North Africa Journal
October 08, 2024 11:11 UTC
AM Best Briefing in Dubai to Explore State of MENA Insurance Markets; Panel to Feature CEOs From Leading UAE Insurance Companies
LONDON--(BUSINESS WIRE)--AM Best will host a briefing focused on the insurance markets of the Middle East and North Africa (MENA) on 20 November 2024, at Kempinski Central Avenue in Dubai. At this annual regional market event, senior AM Best analysts and leading executives from the (re)insurance industry will discuss recent developments in the MENA region’s markets and anticipate their implications in the short-to-medium term. Included in the programme will be a panel of chief executive officers at key insurance companies in the United Arab Emirates: Abdellatif Abuqurah of Dubai Insurance; Jason Light of Emirates Insurance; Charalampos Mylonas (Haris) of Abu Dhabi National Insurance Company (ADNIC); and Dr. Ali Abdul Zahra of National General Insurance (NGI). AM Best is a global credit rating agency, news publisher and data analytics provider specialising in the insurance industry. Copyright © 2024 by A.M. Best Company, Inc. and/or its affiliates.
Source:The North Africa Journal
October 08, 2024 11:00 UTC
Adenia set to tap largest North African market to deploy from Fund V
Adenia set to tap largest North African market to deploy from Fund VPremium Heba Hakky, Principal, Adenia PartnersAdenia Partners, a Mauritius-based private equity firm that focuses on mid-sized businesses across Africa and manages over $950 million in assets, has expanded its footprint in North Africa by establishing on-the-ground representation for the firm in Egypt to scout for investment opportunities in the largest market of the continent, according ......
Source:The North Africa Journal
October 08, 2024 10:23 UTC
Solar Power Revolutionizes Energy Access in Central and West Africa – The North Africa Post
Solar power companies are rapidly expanding in Central and West Africa, bringing electricity to millions in regions where 600 million people still lack access. In West Africa, where 220 million people live without power, electrification rates can be as low as 8%. In Congo, where less than 20% of the population has electricity access, Altech has sold over a million solar products across 23 of 26 provinces. The growth of these solar companies aligns with the global goal of tripling renewable power generation capacity by 2050, as agreed at the last UN climate summit. While Africa is responsible for minimal carbon emissions relative to its size, solar power has become a cost-effective way to provide electricity to millions of homes and businesses across the continent.
Source:The North Africa Journal
October 08, 2024 10:01 UTC
Citrus and solar: A zesty energy partnership
The South African citrus industry is one of the world’s largest, exporting vast quantities of oranges, lemons, grapefruit and other citrus fruits to international markets. We explore how solar and battery energy storage (BESS) can help address these energy demands, while ensuring the industry remains sustainable for future generations. The citrus industry is energy intensiveCitrus farming requires a great deal of energy at every stage of the production cycle. Why solar and energy storage are the future for citrus farmersSolar energy solutions with integrated battery storage offers citrus farmers the opportunity to control their energy costs and reduce their reliance on the grid and fossil fuel. Adopting solar energy can help citrus farmers meet these growing ESG demands.
Source:The North Africa Journal
October 08, 2024 09:58 UTC
Slaughter and May advised Oxford Nanopore in connection with its application to the ESCC
Slaughter and May is advising Oxford Nanopore plc (“Oxford Nanopore”), the company delivering a new generation of nanopore-based molecular sensing technology, on its transfer from the equity shares (transition) category to the equity shares (commercial companies) category (“ESCC”) of the official list. Oxford Nanopore has requested that the FCA approve the transfer with effect from 6 November 2024. It is anticipated that, subject to the transfer to the ESCC becoming effective and other conditions being met, the company will be eligible for inclusion into the FTSE UK Index Series at the December 2024 quarterly review.
Source:The North Africa Journal
October 08, 2024 09:48 UTC
Ivorian insurtech startup WiASSUR secures AXIAN Group funding
Ivorian insurtech startup WiASSUR has secured investment from the pan-African AXIAN Group to help it further roll out its offering. It has now sold a stake in its business to AXIAN Group, which invests through its subsidiary AXIAN Investment. A pan-African group present in 15 countries and specialised in five high-growth potential business sectors, including financial services, AXIAN becomes the second largest shareholder in WiASSUR and will assume a governance role. “WiASSUR shares AXIAN Group’s vision, which places positive impact at the heart of its DNA. “AXIAN Investment enables us to invest strategically in companies to create value while supporting economic development in Africa.
Source:The North Africa Journal
October 08, 2024 09:42 UTC
North Africa a key enabler of Europe’s transition to green power
Rystad Energy, a leading global independent research and energy intelligence company, has shown that Europe’s transition to a greener power sector is gaining speed, with North Africa is set to become a key enabler of this processAccording to Rystad, 73% of Europe’s electricity will come from clean sources by 2035 and North Africa could potentially deliver up to 24GW of this through subsea interconnectors. Wind power in Europe peaks during the winter while solar power peaks in the summer, offering a chance to balance power supply fluctuations. North Africa also boasts significant wind potential, with wind speeds averaging between 7 to 10 meters per second. Challenges aheadThe timely completion of renewable energy projects in North Africa is primarily hindered by supply chain constraints, reports Rystad. This dependency not only exposes North Africa to supply chain risks and price volatility, but also highlights a significant vulnerability in its energy strategy.
Source:The North Africa Journal
October 08, 2024 09:06 UTC
Israeli tanks push deeper into Jabalia in northern Gaza, residents say
CAIRO, Oct 8 (Reuters) – Israel sent tanks deeper into Jabalia in the northern Gaza Strip on Tuesday and advised people to leave as it pounded the historic Palestinian refugee camp from the air, residents said. Palestinian medics said casualties had been reported in Jabalia but that they were unable to reach areas under fire.
Source:The North Africa Journal
October 08, 2024 08:19 UTC
Hezbollah rockets hit northern Israeli city of Haifa
Hezbollah rockets hit northern Israeli city of HaifaOne rocket hit a roundabout near a supermarket and several apartment blocks in eastern HaifaAnother person was injured when a barrage of rockets hit the town of Tiberias, which is located to the east on the shore of the Sea of Galilee. The Israeli military said it was investigating how its air defences failed to intercept the rockets. The northern Israeli port city of Haifa was hit by about five rockets fired by the Lebanese armed group Hezbollah late on Sunday, causing damage and injuring eight people, Israeli authorities say. BBC Verify geolocated CCTV footage showing the moment that one of the rockets hit a roundabout near a supermarket and several apartment blocks in the west of the city. The IDF said approximately 15 projectiles were identified as crossing from Lebanon at the same time as the Haifa attack.
Source:The North Africa Journal
October 08, 2024 02:21 UTC
North Africa Poised to Power Europe's Green Energy Future
Europe’s transition to a greener power sector is gaining speed, with North Africa set to be a key enabler of this process. Europe’s transition to a greener power sector is gaining speed, with North Africa set to be a key enabler of this process. Wind power in Europe peaks during the winter while solar power peaks in the summer, offering a chance to balance power supply fluctuations. Additionally, Africa’s largest wind power projects are found in Egypt, notably the 580-MW Gabal El Zeit and 545-MW Zaafarana wind farms. The timely completion of renewable energy projects in North Africa is primarily hindered by supply chain constraints.
Source:The North Africa Journal
October 08, 2024 01:01 UTC
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A MONUMENTAL KUFIC QUR'AN FOLIO, NEAR EAST OR NORTH AFRICA, 9TH/10TH CENTURY
This impressive folio is executed in a strong kufic script which conforms most closely with the ‘D’ family of scripts as categorised by Francois Déroche (Déroche, The Abbasid Tradition, Oxford, 1992, p.17). The remarkable thing about our particular folio is its size, making it part of one of the largest kufic folios to have been published. It is possible to divide large kufic manuscripts into three groups. The first of these, and probably the earliest, were written using the ‘C’ script according to Déroche’s classification. This brings them more in line with the majority of kufic folios produced before the 10th century.
Source:The North Africa Journal
October 07, 2024 23:24 UTC
More than 230 migrants reached the Greek island of Crete from North Africa over the weekend
ATHENS, Greece — More than 230 migrants crossing the Mediterranean in small boats from North Africa reached Greece's southern island of Crete over the weekend, Greek authorities said Monday. More than 230 migrants reached the Greek island of Crete from North Africa over the weekendThe arrivals, in six separate crossings, far outnumbered the few dozen migrants who took the more common route from Turkey to the nearby eastern Aegean islands over the weekend. Officials said the migrants reaching Crete over the weekend mostly reported being from Egypt, Sudan or Bangladesh. In all cases, the migrants who reached Crete said they had departed from the eastern Libyan port of Tobruk and paid smuggling gangs up to 9,000 euros each for their passage. About 100 more migrants reached Crete on Friday.
Source:The North Africa Journal
October 07, 2024 21:27 UTC
10-day weather forecast for Sun City, North West, South Africa - The Weather Channel
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Source:The North Africa Journal
October 07, 2024 18:40 UTC