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Le Salon International de l’Enérgie et du Pétrole en Afrique, better known as SIEPA, is taking place January 23-24 in Dakar, Senegal. It will provide an opportunity to discuss the prospects opened up by this very large gathering. According to the official website of the summit, participants will shed light on energy prospects in Africa and the sub-region. SIEPA is organized in cooperation with the Ministry of Petroleum and Energy. SEIPA 2024 will take place on the eve of the start of oil and gas production in Senegal.

Proclaimed the winner of December’s presidential election by the Democratic Republic of Congo’s (DRC) constitutional court on 9 January, with 73.47% of the vote, Félix Tshisekedi will be sworn in on 20 January. While Kenya’s Uhuru Kenyatta was alone in making the trip five years ago for Tshisekedi’s first swearing-in ceremony, this time the Congolese president is expecting more than 15 of his

Hapag-Lloyd increases rates from Middle East and Indian Subcontinent to Europe and North AfricaShare This News Story:HAMBURG : Ocean carrier Hapag-Lloyd has announced fresh ocean tariff rates from Middle East and Indian Subcontinent to Europe and North Africa. The German container line will increase rates for 20’ and 40’ dry and reefer containers, including high cube equipment, effective from 11 February and until further notice. All the following rates are in US dollars20 ‘Dry ContainersFrom To Current base rate level New base rate level Delta Chittagong North Europe 2625 3125 500 Mundra / Nhava Sheva North Europe 2325 2825 500 Kattupalli North Europe 2375 2875 500 Karachi North Europe 2325 2825 500 Jebel Ali North Europe 2358 2858 500 Chittagong South Europe 2694 3194 500 Kattupalli South Europe 2544 3044 500 Mundra / Nhava Sheva West Mediterranean/ North Africa 2644 3144 500 Karachi West Mediterranean/ North Africa 2644 3144 500 Jebel Ali West Mediterranean/ North Africa 2419 2919 50040′ Dry ContainerFrom* To* Current base rate level New base rate level Delta Chittagong North Europe 2275 2775 500 Mundra / Nhava Sheva North Europe 1325 1825 500 Kattupalli North Europe 1450 1950 500 Karachi North Europe 1325 1825 500 Jebel Ali North Europe 1316 1816 500 Chittagong South Europe 2538 3038 500 Kattupalli South Europe 1888 2388 500 Mundra / Nhava Sheva West Mediterranean/ North Africa 1788 2288 500 Karachi West Mediterranean/ North Africa 1788 2288 500 Jebel Ali West Mediterranean/ North Africa 1388 1888 50020′ Reefer ContainerFrom* To* Current base rate level New base rate level Delta Chittagong North Europe 2972 3472 500 Mundra / Nhava Sheva North Europe 2772 3272 500 Kattupalli North Europe 2172 2672 500 Karachi North Europe 2125 2625 500 Jebel Ali North Europe 2116 2616 500 Chittagong South Europe 3114 3614 500 Kattupalli South Europe 3160 3660 500 Mundra / Nhava Sheva West Mediterranean/ North Africa 2964 3464 500 Karachi West Mediterranean/ North Africa 2697 3197 500 Jebel Ali West Mediterranean/ North Africa 2549 3049 50040′ Reefer ContainerFrom* To* Current base rate level New base rate level Delta Chittagong North Europe 3072 3572 500 Mundra / Nhava Sheva North Europe 2872 3372 500 Kattupalli North Europe 2272 2572 500 Karachi North Europe 2225 2725 500 Jebel Ali North Europe 2216 2716 500 Chittagong South Europe 2728 3228 500 Kattupalli South Europe 2570 3070 500 Mundra / Nhava Sheva West Mediterranean/ North Africa 2128 2628 500 Karachi West Mediterranean/ North Africa 1694 2194 500 Jebel Ali West Mediterranean/ North Africa 1798 2298 500North Europe: Germany, Netherlands, United Kingdom, Belgium, France, Poland, Denmark, Sweden, Ireland, Norway, Finland, Lithuania, Czech Republic, Hungary, Latvia, Austria, Switzerland, Slovakia, Estonia, Iceland and LuxembourgGermany, Netherlands, United Kingdom, Belgium, France, Poland, Denmark, Sweden, Ireland, Norway, Finland, Lithuania, Czech Republic, Hungary, Latvia, Austria, Switzerland, Slovakia, Estonia, Iceland and Luxembourg West Mediterranean & North Africa: Spain, Portugal, Italy, Algeria, Morocco, Malta and TunisiaSpain, Portugal, Italy, Algeria, Morocco, Malta and Tunisia South Europe: Albania, Bulgaria, Croatia, Georgia, Greece, Israel, Montenegro, Libya, Romania, Cyprus, Slovenia, Lebanon, Turkey, Ukraine, Egypt, Spain, Portugal, Italy, Algeria, Morocco, Malta and Tunisia

Egypt’s wheat imports are set to decline for a fourth year in a row, a setback for a country that in most years is the world’s biggest importer of the grain. Egypt’s wheat import prices are currently close to the highs that followed Russia’s invasion of Ukraine in 2022. View this Gro display of Egypt’s wheat supply, including data on imports, production, harvested area, and yield. While global wheat prices (represented by the orange line) have dropped substantially, Egypt's wheat import prices (blue line) remain sharply elevated due to a weak Egyptian pound. The high wheat import prices represent a setback for Egypt, whose domestic wheat supplies are projected to fall to a 20-year low.

Mourad Erraguragui, vice-president of the Moroccan Association of Intercontinental Road Transport and branch director of a multinational freight company operating in Morocco, explains the effects of the Red Sea crisis on Moroccan exporters. Shipping companies consider the risk too great, and most of them have decided to make the detour around the Cape of Good Hope. This situation is unbearable, as it represents 15% of the world's shipping flows. Most of the shipping companies have deserted the Red Sea, which has an impact on all exports, but also on imports from and to Asia, including in the agricultural sector." Erraguragui adds: "The Red Sea crisis has exacerbated the impact on the Moroccan agricultural sector, as transport costs to Asia have now doubled, and delivery times have risen by 10-15 days.

Both teams still have work to do to qualify for the knockout rounds. Record seven-time winners Egypt, who had Omar Marmoush and Mostafa Mohamed on the scoresheet, have two points from two games and face pool leaders Cape Verde next on Monday.

Metabolic dysfunction–associated steatohepatitis (MASH) is the new term that replaces nonalcoholic steatohepatitis (NASH), developed by multinational liver societies, including the American Association for the Study of Liver Diseases (AASLD). A recently validated model presented at the AASLD Liver Meeting 2023 predicted a steady increase in the prevalence of metabolic dysfunction–associated steatotic liver disease (MASLD) among adults, from 27.8% in 2020 to 34.3% by 2050. Worldwide, MASLD and MASH are most prevalent in the Middle East and North Africa, followed by South Asia and North America, but these liver diseases remain global problems. Are you aware of the latest MASH diagnostic criteria for managing and treating patients? Test yourself with this short quiz.

Secretary General of the Organization of Islamic Cooperation (OIC) Hussein Ibrahim Taha, expressed admiration for the substantial efforts made by King Mohammed VI, who serves as the President of the Al-Quds Committee, in support of the Palestinian cause. This came during a meeting at the OIC General Secretariat in Jeddah, Hussein Ibrahim Taha held with Mohamed Salem Cherkaoui, the Director overseeing the management of the Rabat-based Bayt Mal Al-Qods Acharif Agency. He reiterated the General Secretariat’s unwavering commitment to intensifying collaboration with this crucial institution to help it streamline its tasks. During the meeting, Cherkaoui presented the annual report detailing the Agency’s activities throughout 2023. Additionally, Cherkaoui shed light on specific programs tailored to address the needs of vulnerable groups within the population.

About 75 items are to go under the hammer in a deal between Mandela’s family and a New York-based auctioneer. The South African government has said it will challenge the auctioning of dozens of artefacts belonging to the nation’s anti-apartheid stalwart Nelson Mandela, saying the items are of historical significance and should be preserved in the country. “Former president Nelson Mandela is integral to South Africa’s heritage,” Minister of Sport, Arts and Culture Zizi Kodwa said in a statement. “I want other people in the world to have a piece of Nelson Mandela – and to remind them, especially in the current situation, of compassion, of kindness, of forgiveness,” she told the New York Times. Most recently, Nigeria and Germany signed a deal for the return of hundreds of artefacts known as the Benin Bronzes.

The African Development Bank (www.AfDB.org) and the United Kingdom have announced the selection of the Inclusive and Sustainable Development of the Cereal Sector Project in Tunisia, as a standard-setting project under the Room to Run Sovereign transaction (R2RS) (https://apo-opa.co/3U3D0CP). Approved in July 2023, this cereal sector project in Tunisia will strengthen the resilience of the cereals sector to external shocks and climate change. The project will benefit up to 250,000 cereal farmers in the country, boosting their food security and self-sufficiency. Room to Run Sovereign, announced at COP26 in November 2021, is an innovative and highly scalable balance sheet optimization transaction that is helping the African Development Bank lend more funding for critical climate change projects. African Development Bank Vice-President for Power, Energy, Climate and Green Growth, Kevin Kariuki said,“This transaction is one of several projects constituting its lending programme through which the African Development Bank fulfils the call by stakeholders at COP27 for MDBs to innovate and scale up climate finance through the Multilateral Development Banks.

South Africa’s genocide case has put the spotlight on a deeper fault line in global geopolitics. Jaafar Ashtiyeh/AFP/Getty ImagesReactions from the Global North to the ICJ case have been mixed. While some nations have maintained a cautious diplomatic stance, others, particularly Israel’s staunchest allies in the West, have criticized South Africa’s move. “With Germany siding with Israel, and Bangladesh and Namibia backing South Africa at the ICJ, the geopolitical divide between the Global South and the West appears to be deepening,” Lovatt said. Traditionally, the West has wielded significant influence in international affairs, but South Africa’s move signals a growing assertiveness among Global South nations that threatens the status quo, says Adekoya.

South Africa’s Paysho is an escrow service that provides financial protection for buyers and sellers, yet its origins actually lie in a totally different business that founder Bongani Matshisi tried to get off the ground in 2016. “That was when I made the decision to build my own escrow service. I guess people are generally warming up to the idea of using escrow services,” Matshisi said. “There was, and still is, a lot of consumer education about escrow services that needs to happen in South Africa. Very much like the heelstoppers, the majority of the people who need to know about escrow services don’t.

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