Today, ESPN released a new, multiplatform investigation “How the NBA got into business with an African dictator.” The presentation includes a written piece by ESPN investigative reporter Mark Fainaru-Wada and an accompanying half-hour ESPN Special Report film directed and produced by William Weinbaum. In addition, Fainaru-Wada discussed his reporting on today’s edition of the ESPN Daily Podcast. SYNOPSIS: In the spring of 2021, the NBA launched the Basketball Africa League, its first professional league outside North America. ESPN investigative reporter Mark Fainaru-Wada examined the partnership for more than a year, interviewing NBA executives and coaches, Rwandan officials and opposition figures, U.S. government sources, human-rights experts and investors in the NBA’s Africa business — valued at nearly $1 billion as of 2021. Link to written piece by Mark Fainaru-Wada:https://www.espn.com/nba/story/_/id/40591644/how-nba-got-business-african-dictatorLink to ESPN Special Report film directed and produced by William Weinbaum:https://www.youtube.com/watch?v=QGEB8XxDXgoLink to today’s ESPN Daily Podcast with Mark Fainaru-Wada:https://www.espn.com/espnradio/podcast/archive?id=27767948-30-Media contact: [email protected]
Source:The North Africa Journal
July 26, 2024 13:18 UTC
Lavanya Anand is senior investment manager at AfricInvest, one of the most established private equity and venture capital investors on the continent. “AfricInvest is a larger investment group that’s actually been around for 30 years, so it’s one of the oldest investors in Africa. Back in 1994, it started off primarily as a private equity firm, initially focused on Tunisia, and then the Maghreb region, and then over time it gradually expanded to all of Africa,” Anand said. So we like to find companies where we can use that network to provide support,” she said. “Then that’s an area where we can now provide support to help them scale up that second and third market,” she said.
Source:The North Africa Journal
July 26, 2024 12:34 UTC
The US stand was followed with Spanish support for Morocco’s autonomy plan for the Sahara under the Kingdom’s sovereignty. Within the past five years, 28 countries opened consulates in the Saharan cities of Dakhla and Laayoune, bringing tangible support for Morocco’s sovereignty over the territory. These include 22 African states, or 40% of the African Union member states. Morocco’s King has also led efforts to ensure Morocco’s return to the African Union in 2017. History shall remember how opponents of Morocco’s territorial integrity, usually failed dictatorships turning in Algeria’s orbit, have used the same council to defend separatism.
Source:The North Africa Journal
July 26, 2024 11:32 UTC
Moroccan Head of Government Aziz Akhannouch attended, on Thursday, the summit for Sport and Sustainable Development in Paris. This event is being held on the sidelines of the Olympic Games to officially kick off on Friday evening. According to the organizers, namely the French Presidency and the International Olympic Committee (IOC), these initiatives are designed to highlight the integral role of sport in promoting sustainable development goals globally. Actually, World and business leaders participating in the summit have pledged billions of dollars in financing and committed to supporting various sporting initiatives aimed at accelerating sustainable development, reported the international media. The French Development Agency, one of the sponsors of the summit, said it will release €500 million for sustainable development in sports by 2030.
Source:The North Africa Journal
July 26, 2024 11:32 UTC
There is a substantial opportunity for the implementation of distributed energy resources (DERs) across Nigeria, home to the largest number of un-electrified people in the world. A 10-year roadmap plotted out by RMI (founded as Rocky Mountain Institute) and the Global Energy Alliance for People and Planet (GEAPP) indicates an over 20GW market opportunity in Nigeria through rapid expansion of utility-enabled distributed energy resources, especially renewables and batteries. Access the roadmap report: Scaling Utility-Enabled Distributed Energy Resources in Nigeria: A Roadmap to Boost Distribution Company Revenues and Improve Power Availability and Reliability. Sadiq Mohammed, COO of Kaduna Electric on the challenges and success stories of a privatised energy market in NigeriaFAQs on distributed energy resources (DERs)How do distributed energy resources work? What is the benefit of distributed energy resources?
Source:The North Africa Journal
July 26, 2024 11:06 UTC
As of July 25, there are only six days left to join the ICO and buy some WAI tokens before they go live and potentially see a major surge. WienerAI ICO will end in one weekWienerAI is ending its presale after being open for several months. https://x.com/WienerDogAI/status/1813584373125640392Its token, WAI, sells for only $0.00073, which will remain its value until the end of the presale, scheduled for July 31. BUY WAI TOKENS BEFORE THE ICO ENDSAfter that, however, the token will close the presale and soon after that, see its first listings. The reason why it is as highly anticipated is its upcoming trading bot, which is considered to be the most advanced one on the market.
Source:The North Africa Journal
July 26, 2024 10:55 UTC
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Source:The North Africa Journal
July 26, 2024 10:42 UTC
South Africa’s LULA, an enterprise ride-sharing platform, has announced its acquisition of the UK-based Zeelo’s operations in South Africa, a move that will see it scale significantly. The UK-based Zeelo, meanwhile, is a smart bus platform for organisations, similar to LULA in that it provides flexible turn-key and plug-in transportation programs for commuting and school runs. The deal will see Zeelo’s South African operations transition to LULA’s solution. The acquisition will mean an increase in customers, vehicles and operating partners, and staff to strengthen and scale LULA’s business in South Africa, as well as into other African markets. “Significantly, the acquisition of Zeelo‘s operations in South Africa means that LULA becomes a profitable business, with enough breathing room to scale smart, rather than scale fast,” Nodada said.
Source:The North Africa Journal
July 26, 2024 09:39 UTC
Known as clear air turbulence, the phenomenon also increased in the Northern Hemisphere between 1980 and 2021, the study found. While most people expect turbulence when flying in an airplane through a thunderstorm or over a mountain range, clear air turbulence hits aircraft unexpectedly. And unlike other, more obvious types of turbulence, there is no easy way to detect and avoid clear air turbulence. Recent well-publicized encounters with clear air turbulence caused injuries on Singapore Airlines and Air Europa flights. “We now have high confidence that climate change is increasing clear air turbulence in some regions,” he said.
Source:The North Africa Journal
July 26, 2024 08:55 UTC
The Mauritanian coastguard “saved the lives of 103 illegal immigrants and recovered 25 bodies, following the sinking of their boat off the coast of the capital Nouakchott,” AMI reported, citing a coastguard commander. “Among the survivors, 10 people were urgently referred to hospitals for medical care, and four unaccompanied and separated children were identified,” the agency added in a statement. For the past two months, more than 76 boats with more than 6,000 surviving migrants have disembarked in Mauritania, but at least 190 people have died or are missing, the IOM statement added. Close to 5,000 people are estimated to have died at sea between January and May of 2024 trying to reach the Spanish archipelago, migration rights group Walking Borders said last month. 160% more migrants arrived in the Canaries, using the Atlantic route, between January and July 2024 compared to the same period last year, according to the IOM data.
Source:The North Africa Journal
July 26, 2024 08:54 UTC
Rumours have been swirling regarding the future of midfield star Teboho Mokoena at the Brazilians. Article continues below Article continues below Article continues below Mokoena attracts overseas interestContract talks with Sundowns hit a snagPlayer has reportedly extended his stay Click here to get Mzansi's best soccer coverage delivered to you via WhatsApp. Article continues below
Source:The North Africa Journal
July 26, 2024 08:34 UTC
Now that we are nearly a third of the way through the traditional container shipping peak cargo season, planned blank sailings and capacity deployment for the remainder of the third quarter can provide us a good perspective on the carriers’ confidence in the 2024 peak season, says the latest update from Sea-Intelligence. On Asia-North America West Coast, carriers have so far planned to blank 3.9 percent of the total capacity, which is not too different from the pre-pandemic average or from 2020. "It is, however, significantly lower than in the pandemic years (where blank sailings were forced due to port congestion). Given this strong capacity growth and the relatively low blank sailings level, it suggests that the carriers are bullish for the peak season on this trade lane, the update added. The fact that carriers are willing to maintain that level of elevated capacity on Asia-North Europe in 2024, coupled with the relatively low level of blank sailings, indicates the carriers have a confident strong outlook for the peak season on Asia-North Europe, the update added.
Source:The North Africa Journal
July 26, 2024 05:34 UTC
WASHINGTON/CAIRO, July 25 (Reuters) – Israel is seeking changes to a plan for a Gaza truce and the release of hostages by Hamas, complicating a final deal to halt nine months of combat that have devastated the enclave, according to a Western official and a Palestinian and two Egyptian sources. Israel says that displaced Palestinians should be screened as they return to the enclave’s north when the ceasefire begins, retreating from an agreement to allow civilians who fled south to freely return home, the four sources told Reuters.
Source:The North Africa Journal
July 26, 2024 05:16 UTC
ExaGrid, recently announced that is has begun a new strategic partnership with StorIT Distribution, a Value-Added Distributor in the Middle East and North Africa for Enterprise IT Products and Solutions. “We firmly believe this relationship with ExaGrid will open a large market opportunity for our partners to address pain points of organisations around the modern era data backup & recovery needs in the region”, said Mr. Subi Antony, Senior Director at StorIT Distribution. StorIT in partnership with ExaGrid will help organisations to have a comprehensively secure data backup that enables fast ransomware recovery, through its Tiered Backup Storage solution. Together, we are committed to equipping organisations with cutting-edge technologies that safeguard their critical data assets against evolving cyber threats. “ExaGrid is pleased to partner with StorIT, further expanding the availability of ExaGrid Tiered Backup Storage in the Middle East.
Source:The North Africa Journal
July 26, 2024 05:14 UTC
Known as clear air turbulence, the phenomenon also increased in the Northern Hemisphere between 1980 and 2021, the study found. While most people expect turbulence when flying in an airplane through a thunderstorm or over a mountain range, clear air turbulence hits aircraft unexpectedly. And unlike other, more obvious types of turbulence, there is no easy way to detect and avoid clear air turbulence. Recent well-publicized encounters with clear air turbulence caused injuries on Singapore Airlines and Air Europa flights. Each box represents percent changes in the frequency of clear air turbulence as climate change intensifies.
Source:The North Africa Journal
July 26, 2024 04:43 UTC