Mastercard and Diamond Trust Bank (DTB) have signed a milestone 10-year deal to provide bespoke digital payment solutions in Kenya, Uganda, and Tanzania. In a first for Kenya, the cooperation also includes tokenization-based payment wearables, introducing cutting-edge contactless technology to users across the country. By combining our expertise in digital payment solutions with DTB’s strong market presence, we are enhancing the banking experience and providing customers with more secure and convenient ways to pay. This collaboration highlights our deep commitment to driving digital transformation and financial inclusion across East Africa,” said Mark Elliott, Division President, Africa, Mastercard. By offering secure, tokenized payment wearables and comprehensive cross-border solutions, DTB and Mastercard have placed themselves at the forefront of the region’s digital revolution.

Libyan youths watch the solar eclipse in the desert tourist camp in Galo, 1300 km south of the ... [+] Libyan capital of Tripoli, 29 March 2006. If you missed the 2024 eclipse in North America due to poor weather, the 2027 eclipse is one not to miss. The problem with this total solar eclipse is not climate and clouds but temperature and, perhaps, dust storms. Forbes A Jaw-Dropping ‘Sunset Eclipse’ Is The Next Total Solar Eclipse In The Lower 48When Is The Next Eclipse In The U.S? The next total solar eclipse is on Aug. 12, 2026, when Greenland, Iceland, and Spain will witness a maximum 2-minute, 18-second totality.

Equatorial Guinea on Tuesday ordered a crackdown on sex in government offices after private videos leaked on social media appeared to show a senior finance ministry official having sex with several women in various places, including his office. The government said it was taking action because the videos had denigrated the central African country's image. Equatorial Guinea has been ruled by the same president for decades and the scandal has been shaking the government since the videos first emerged last week. The women featured in the videos appeared to include wives of other powerful government figures and other family members, local media said. The statement said the measures were agreed during emergency meetings with the Supreme Court, attorney general and others.

So, why aren’t your product launch announcements making headlines? What factor(s) can help your product launch announcement get noticed? A: A successful product launch announcement isn’t just about listing features – it’s about demonstrating market relevance. What common mistakes can undermine the impact of your product launch press release? Can timing play a role in getting your product launch media attention?

However, there is a need to addressthe continent’s major socio-economic challenges, with the financial sector at the forefront. In order to accelerate Africa’s structural transformation, the continent needs to close an annual financing gap of $402.2 billion by 2030. The best financiers of Africa’s future are those focusing on Africa’s largest economic engines/sectorswith the aim of sparking large-scale and long-term change. These range from climate financing,agriculture/food security, business seed capital, SMEs, cross-border trade, health, ICT and Innovation, and renewable energy, etc. Who are some of the multinationals financing Africa’s future?

Telecom Egypt and Saudi Arabian technology, media and telecom (TMT) company Mobily have signed a cooperation agreement to land the first Saudi submarine cable connecting the Kingdom to Egypt. The cable, a wholly-owned Mobily project, will cross the Red Sea and provide a direct link between Saudi Arabia and Egypt, with various connection points allowing for expansion into Europe. The companies said the cable will connect to existing subsea cable systems in Egypt, further bolstering regional infrastructure. The new cable will land at two cable landing stations in Sharm El Sheikh, Egypt, and Duba, Saudi Arabia. Also in May 2024, Mauritius Telecom partnered with Orange and Reliance Jio to build a new subsea cable connecting Africa, Indian Ocean islands and Asia.

The need to scale up investment into energy Infrastructure across Africa is a challenge that looms large, according to International Energy Agency (IEA) Deputy Director Mary Burce Worlick. Current energy investment into Africa needs to ramp up to around $200 billion a year if the continent is to meet its climate goals by 2030. 2025 date set for opening of Africa Energy Bank in AbujaA place for gas as an energy sourceAsked at the opening ceremony of Africa Energy Week how company boards decided where they would invest their money, Andrew Inglis, Kosmos Energy CEO, said it is clarity of strategy which is supported by both company shareholders and debt holders that determines how you pick the best projects. “It’s about regulation that is predictable… You talk about sign, sign, sign but to do that you have to have a process that is predictable. “I find it quite curious that some of the Western leaders are advocating for Africa to prioritise renewable energy.

Greece is expanding its plans into the renewable fuel value chain, promising to decarbonize its industry and heavy vehicle transport, with an ambitious green hydrogen production plan to feed the large German market and intermediate points along the axis of Bulgaria, Romania, Hungary, Slovakia and the Czech Republic. Germany is set to become Europe’s largest hydrogen import market. It recently approved a plan to build, by 2032, a 9,040-kilometer hydrogen network worth 19 billion euros. Germany’s hydrogen needs are estimated at 130 terawatt-hours per year by 2030, of which 100 TWh will be imported, with Berlin also eyeing Greece, which aspires to become a hydrogen producer and exporter, a plan to utilize the surplus domestic renewables’ production. Gas grid operator DESFA sources explain that the German interest “focuses on the Greek contribution, as a central part of a hydrogen corridor to actively support the energy transition of Germany and Central Europe,” thanks to Greece’s “capacity for low-cost green hydrogen production, geostrategic position for quantity transit from the Middle East and North Africa, and geopolitical security.”

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The North Hamada oilfield is run by the Nafusah Oil Operations, a joint operating company formed by the NOC and Indonesia’s PT Medco Energi Internasional. The NOC added that the company is working on two wells to come into production by the end of November, which will raise the field’s total production to 14,000 bpd. (Reporting by Ahmed Elumami, Editing by Louise Heavens)(c) Copyright Thomson Reuters 2024. Click For Restrictions – https://agency.reuters.com/en/copyright.html

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Africa Tech Summit has announced the launch of the inaugural Africa Tech Summit Awards, a new platform designed to celebrate the most innovative and impactful tech solutions, companies, and leaders across Africa. The winners of the Africa Tech Summit Awards will be announced on February 12, 2025 at the annual Africa Tech Summit Nairobi, where the continent’s top innovators, entrepreneurs, and business leaders will gather to explore, connect and invest in African tech. They include the Fintech Award, the Cross Border Payments Award, the AI Award, the Agritech Award, the Climate Tech Award, the Female Tech Innovator Award, and the Young Tech Innovator Award. “We’re delighted to launch the Africa Tech Summit Awards, a platform to shine a spotlight on the outstanding innovation and talent driving Africa’s tech landscape forward. We’re excited to see the entries and look forward to honouring the finalists and ultimate winners at Africa Tech Summit Nairobi in February,” said Lauren Adair, director of Africa Tech Summit.

The scatter plot (a) compares the annual observed discharge (x-axis) with the simulated discharge (y-axis) from the VegDischarge v1 data for selected river basin outlets discharge into the seas in Africa. The VegDischarge v1 depiction of average discharge offers valuable insights for water resource management, highlighting the temporal and spatial variations in water availability. These maps present the monthly distribution of river discharge across Africa, revealing the seasonal dynamics of flow in major river basins. The South Atlantic Ocean receives the largest discharge from the African continent (1327.2 km³·year −1 ), accounting for 40.6% of Africa’s total river discharge. This spatial distribution of river discharge has implications for marine environments, as it influences oceanic salinity, nutrient fluxes, and sediment transport.