Senegal is set to meet its energy goals off the back of stringent policies and implementation which, in turn, should stimulate the economy. In its Senegal 2023: Energy Policy Review report, the International Energy Agency (IEA) lauds the direction the country is taking. Taking stock of Senegal’s progressIn 2021, Senegal’s domestic energy production covered 41% of the total energy supply (TES) and relied on imported fossil fuels to cover the rest. Ensure better coordination of the actions taken in the energy sector by the various stakeholders around the MEP. See the full International Energy Agency (IEA) Senegal 2023: Energy Policy Review report.

However, the Red Sea crisis has a differential impact. Players operating in sectors like textiles, chemicals and capital goods may not be immediately impacted because of better ability to pass on higher costs, or because of a weaker trade cycle. But a prolonged crisis over the next few quarters can make these sectors also vulnerable as working capital cycles would get stretched with orders put on hold, CRISIL noted in the report.

Morocco’s tourism has turned the Covid 19 page, breaking a new record with the arrival of 14.5 million tourists last year, up 34% from 2022. The milestone shows a 12% increase compared to 2019 when Morocco attracted 13 million tourists, the ministry said in a statement. More than 1.3 million tourists visited Morocco in December giving a boon to a sector that represents about 7% of GDP. Morocco relies on increasing air routes between Moroccan cities and with European airports to attract more tourists. In a recent deal, Ryanair said it will launch flights connecting 9 Moroccan cities in summer 2024.

CLEMSON, S.C. (AP) — Madison Hayes is playing like North Carolina State coach Wes Moore always thought she would. She had two 3-pointers and an uncontested layup off her steal as North Carolina State opened with a 13-2 run. But Hayes and North Carolina State took control of this one in a hurry. North Carolina State beat Clemson by double digits for the 13th time in the past 15 meetings. But the two league losses already have them a game behind one-loss league leaders Syracuse, North Carolina and Louisville.

Tropical gusts wafting out of Africa later this month promise to crank up the heat for an early taste of summer. Late winter records are under threat with the ingredients in place to drive "incredible temperatures" towards the end of February. The warm-up will be powered in part by freakish winter heat currently roasting the Continent and North Africa. However, in the meantime, sun-starved Britons face another cold snap with Arctic winds threatening to return after the weekend. Some forecasters warn the nation is braced for another cold snap to push temperatures back into minus figures at the start of February.

“At the same time I do think the banks have been very slow to change. You’ve got 54 different markets, 42 different currencies, and very different regulatory regimes,” she said. The fact different African countries have different regulatory models, is holding the fintech space back, Rossiello says. Fintech has become very popular for investors, leading the continent for funding. “The last three years we’ve seen a huge influx of funding into Africa as a whole, and fintech and blockchain more specifically.

South Africa finds its self among the last 16 standing at the 2023 CAF Africa Cup of Nations being held in Côte d'Ivoire. The Bafana Bafana, participating in their 11th AFCON, are on a quest to claim their second title. Their football history is rich, highlighted by their triumphant win in 1996, a second-place finish in 1998, and a third-place in 2000. Despite a mix of highs and lows in recent years, including quarter-final spots in 2002, 2013, and 2019, South Africa has shown resilience and determination. Under the guidance of Belgian coach Hugo Broos, the 2019 AFCON-winning coach with Cameroon, South Africa has demonstrated a fighting spirit.

AdvtAdvtBy ,AgenciesJoin the community of 2M+ industry professionals Subscribe to our newsletter to get latest insights & analysis. Get updates on your preferred social platform Follow us for the latest news, insider access to events and more. During his tenure, he has played a key role in driving operational and sales excellence and deepening customer engagement. Today, the company supplies cutting-edge technology to the oil and gas, refining, petrochemical, aviation, climate control, fire safety, logistics and security industries, amongst others. Headquartered in Dubai with offices across the Middle East, Honeywell is a leading enabler of smart buildings and smart cities.Source: Zawya, Press Release

In its fifth year, the MENA Film Festival in Vancouver is set to showcase its most expansive and regionally diverse array of films on the big screen from January 27 to February 1. Founded in 2019, the festival works to bridge the gaps in the arts and provide Middle East and North African (MENA) — also known as South West Asian and North African (SWANA) — representation. The 2024 artwork, sold as a limited-edition print, was crafted by Egyptian artist Marwan Shahin from Shahin Studios in Los Angeles. The 90-minute feature won the Amnesty International Film Award at the 2023 Berlin International Film Festival. Her mother remembers this experience as “being thrust into adulthood in a singular moment.”The MENA Film Festival aims to make the online screenings available in the United States next year, the festival’s strategy director Ghinwa Yassine said.

Sportswashing by political regimes refers to hosting sports events or taking part in competitions with the aim to serve propaganda campaigns and stoke chauvinistic sentiments. Prior to the African Cup of Nations, Algerian media spoke with disdain against their opponents and put political pressure on players led by coach Belmadi. Another worrying trend revealed during the AFCON 2023 was the rampant racism prevailing among many Algerian fans. Emulating their political leaders in uttering racist slurs, many Algerian influencers became notorious for their disdain and racist comments on social media. In 2019, Moroccans took to the streets to celebrate Algeria’s win of the African cup of nations.

WASHINGTON — CIA Director William Burns will meet with Israel's Mossad director, David Barnea, and Qatari Prime Minister Sheikh Mohammed bin Abdulrahman Al Thani this weekend in Europe to try to further negotiations to secure the release of hostages being held in Gaza. A diplomat with knowledge of the matter confirmed the upcoming meeting to NBC News, first reported by The Washington Post. National Security Council spokesman John Kirby referred reporters to the CIA when asked about Burns' activities, noting the director has been involved in trying to reach another hostage deal. As part of a truce in November, more than 100 hostages were released from Gaza in exchange for the release of 240 Palestinian prisoners by Israel. In early December, however, the cease-fire ended, with Israel and the U.S. saying Hamas broke the terms of the agreement and sent rockets into Israel.

On inflation, the report says that after surging for two years, global inflation eased in 2023 but remained above the 2010-2019 average. Hopestone Chavula, ECA Economic Affairs Officer who presented the report highlighted that although the global inflation is ebbing, food price inflation can exacerbate food insecurity and poverty. After surging for two years, global inflation eased in 2023 but remained above the 2010-2019 average. In 2023, global trade growth weakened significantly to an estimated 0.6 per cent, a sharp decline from 5.7 per cent in 2022. Central banks must navigate a delicate balance between inflation, growth and financial stability.

The drone strikes violated laws-of-war prohibitions against attacks that do not discriminate between civilians and military targets and were apparent war crimes. On December 20, Human Rights Watch sent a letter to the Burkinabè justice minister, sharing its findings and requesting responses to specific questions. Human Rights Watch documented casualties and damage consistent with the blast and fragmentation effects created by using these guided munitions in concentrations of people. Based on this video, Human Rights Watch geolocated the attack site as approximately 135 meters from the northern edge of Bouro village. A Human Rights Watch analysis of a video of the attack showed shadows that corroborate the time frame identified by witnesses.

Kenyan officials announced on Wednesday that they have discovered reserves of the precious metal coltan. Other precious metals like uranium and cobalt have been detected across the East African nation in previous years. Kenyan national Jonah Saitoti Tiren claims that the discovery is not likely to benefit Kenyans, and would lead to “land grabbing” by the government. Why are the EU and UN logos on a Kenyan Government [statement] on mapping of minerals in Kenya. The DRC is estimated to have close to 70 percent of the world’s coltan reserves.

Public Management(Ecofin Agency) - The government has repaid Tunisia's debts due in 2023, relying on new domestic loans. However, it struggles to secure external financing in the absence of a definitive agreement with the IMF on a $1.9 billion aid program. Tunisia's debt service is expected to increase by 40% in 2024 compared to 2023, reaching $4 billion amid a drying up of external funding, the Ministry of Finance revealed in a January 22 statement. According to the paper, Tunisia "successfully repaid all its domestic and external debts in 2023, despite significant pressure on public finances", dispelling doubts about the possibility of default. The country struggles to mobilize external financing in the absence of a definitive agreement with the International Monetary Fund (IMF) on a $1.9 billion aid program.