Canon’s Young People Programme Partners with Dikan Center in Ghana to Empower Young Visual Storytellers
Canon (www.Canon-CNA.com) is proud to announce its partnership with Dikan Center, a visionary non-profit institution based in Ghana, committed to providing visual education. The Dikan Center is renowned for its immersive Gallery, transformative StoryLab Studios, and visual library. Canon saw a unique opportunity to align its mission of creating opportunities for young African talent, with the goals of the Dikan Center. Local trainers from Ghana, provided by Dikan Center, will work in partnership with Canon, offering resources and essential equipment. The journey will culminate in a professionally curated exhibition, scheduled to be held during a story festival organized by Dikan Center, in December 2023.
Source:The North Africa Journal
October 04, 2023 09:26 UTC
Egyptian fintech startup MoneyHash raises funding from GitHub founder
Egyptian fintech startup MoneyHash has raised funding from GitHub founder Tom Preston-Werner as part of a soon-to-be-announced seed round. The startup announced a US$3 million pre-seed funding round in February 2022 as it emerged from beta, and then swiftly launched its services across Africa. It is now in the process of securing a seed round, in which Preston-Werner, co-founder and former CEO of software development company GitHub, has invested. Preston-Werner said he had been impressed with the technical quality and product vision of MoneyHash, and the founders’ deep understanding of the payment landscape in Africa and the Middle East. Nader and his team attracted a fantastic group of tech talent, and I am excited to join their journey,” he said.
Source:The North Africa Journal
October 04, 2023 09:04 UTC
Focus on women in mobility takes root at Smarter Mobility Africa
The Women in Mobility session was inaugurated at the 5th Annual Smarter Mobility Africa Summit to address gender disparities and empower women to lead change in mobility sectors. Annabel Vundla, South Africa’s first black female pilot and captain, seen reading ESI Africa 2-2023 at Smarter Mobility Africa Summit. That way, you can help everyone else.”The Women in Mobility programme, hosted by Smarter Mobility Africa, is designed to create a robust support system for women who face inequality, safety concerns, and lack of access. The panel at the inaugural event included Kriya Gangiah, Broadcaster & TV Presenter (South Africa) who hosted the session, Panellists: Ayanda Mohala, Chief Financial Officer, KTC (South Africa), and Chantelle Nkosi, General Manager Quality Assurance- Manufacturing at Nissan South Africa. ESIESI Africa is proud to be the host Media Partner for the Smarter Mobility Africa Summit 2023 conference and exhibition.
Source:The North Africa Journal
October 04, 2023 07:55 UTC
Developing countries facing a debt crunch
EGYPTNorth Africa's largest economy needs to repay some $100 billion of hard-currency debt over the next five years. Egypt has a $3 billion IMF programme and has devalued the pound by roughly 50% since February 2022. Its progress in restructuring both domestic debt and $30 billion in external debt has been fairly swift and it secured a $3 billion IMF bailout in May. The next tranche of a $2.9 billion IMF bailout package could be delayed over a potential government revenue shortfall. A repair plan finally appeared imminent after Zambia clinched a $6.3 billion debt rework deal with the Paris Club creditor nations and China, its other big bilateral lender, in June.
Source:The North Africa Journal
October 04, 2023 06:49 UTC
Global renewable energy jobs boom since 2012 – report
Renewable energy jobs globally have nearly doubled in a decade, reaching nearly 14 million in 2022. A new report by the International Renewable Energy Agency (IRENA) and the International Labour Organisation (ILO) shows that worldwide employment in renewable energy reached 13.7 million in 2022. The report found that renewable energy is attracting increasing investment, leading to job creation in a growing number of countries. Initiative to foster clean energy jobs for women and youth in NigeriaQuality of job mattersHydropower and biofuels had similar numbers of jobs as in 2021, around 2.5 million each, followed by wind power with 1.4 million jobs. India’s total solar jobs are estimated to be at 281,400.
Source:The North Africa Journal
October 04, 2023 06:27 UTC
Enaex chases North American deals as mine-blasting demand grows
The company is also looking to grab more market share in Peru and Australia, challenging leaders Orica and Dyno Nobel. “We’re looking for targets” in North America after hiring specialists to map out the market, CFO Pablo Busquet said in an interview. Enaex typically selects local players with about a 10% market share, he said. Greater North American penetration would complete Enaex’s global footprint after a decade of growth from what was predominantly a Chile-focused firm. Today, more than half its sales come from outside of Chile, with the company turning to customized solutions that include automation.
Source:The North Africa Journal
October 03, 2023 20:55 UTC
Ukraine war latest: Putin invaded Ukraine because he 'believed NATO was weak'; Japanese MP in trouble for Moscow visit
However, the West's stockpiles are dwindling, and no nation holds more weapons than it needs, so gifting weapons increases national risk. But, away from the politics, the harsh reality is that Ukraine needs more weapons - and now. Instead, Western aid has focused on supplying high-tech precision weapons to Ukraine to enable precision strike and the conduct of 21st century warfare. As the war drags on towards its second anniversary, Western political support for Ukraine continues unabated. Hopefully, the US funding issue is resolved swiftly, but the longer term issue of keeping Ukraine supplied with vital high-tech weapons will endure.
Source:The North Africa Journal
October 03, 2023 20:49 UTC
Huawei’s $430m northern Africa push
Huawei will invest $430m over the next five years to build cloud computing infrastructure, support local software providers and train digital professionals in northern Africa. Advertisement“To expedite intelligent transformation in northern Africa, Huawei will intensify its investments in technologies, ecosystems and talent,” said Terry He, Huawei’s president of northern Africa. An additional $200m was pledged by Huawei to support local software providers and channel partners. The remaining $30m will be used to train 10,000 local software developers and educate 100,000 digital professionals. Advertisement“Africa represents a pivotal element of the company’s growth ambitions, underscoring its unwavering commitment to the continent's digital transformation,” said Huawei in a statement.
Source:The North Africa Journal
October 03, 2023 20:43 UTC
Sadot Group Inc. Highlights Operational Milestones in Corporate Update
About Sadot Group Inc.Sadot Group Inc., formerly known as Muscle Maker Inc., has rapidly established itself as an emerging player in the global food supply chain. Sadot Group provides innovative and sustainable supply chain solutions that address the world's growing food security challenges. Sadot Group is headquartered in Ft. Worth, Texas with subsidiary operations in Miami, Dubai, Singapore, Kyiv and Zambia. Although we believe that the expectations reflected in these forward-looking statements are based on reasonable assumptions, there are a number of risks and uncertainties that could cause actual results to differ materially from such forward-looking statements. Investor Relations:Frank PogubilaSVPIntegrous CommunicationsW - 951.946.5288E - IR@sadotco.comSOURCE: Sadot Group Inc.View source version on accesswire.com:https://www.accesswire.com/789464/sadot-group-inc-highlights-operational-milestones-in-corporate-update
Source:The North Africa Journal
October 03, 2023 19:25 UTC
Universal Music Middle East & North Africa strikes partnership in Egypt with Harb Management Talent Agency
Universal Music Middle East & North Africa (MENA) a division of Universal Music Group, has entered into a partnership with Harb Talent Management in Egypt. Together, Universal Music MENA and Harb Management will jointly work on local talent discovery, development, music production, marketing and promo, live events, and brand partnerships. To mark the launch, Universal Music MENA has announced three flagship signings to its artist roster. “It is an exciting time for us to build a presence in Egypt via this partnership with Harb Management”. Patrick Boulos, Universal Music MENAPatrick Boulos, CEO of Universal Music MENA said: “It is an exciting time for us to build a presence in Egypt via this partnership with Harb Management”.
Source:The North Africa Journal
October 03, 2023 17:41 UTC
Tunisia rejects European funds and says they fall short of a deal for migration and financial aid
Share Comment on this story CommentTUNIS, Tunisia — Tunisia on Monday announced it would reject an installment of funds sent by Europe to help the debt-ridden country patrol the Mediterranean Sea as migrant boat crossings spike to levels not seen in several years. “This process is not behind schedule.”The July agreement included a pledge of 105 million euros ($110 million) earmarked for migration. As arrivals increased last month, the European Commission announced it would send an initial 127 million euros ($133 million) to Tunisia. AdvertisementApart from migration, the bulk of the funds are contingent on Tunisia reaching agreement with the International Monetary Fund on stalled loan negotiations. Since taking power in 2019, Saied has repeatedly characterized sub-Saharan African migrants as violent and a threat to Tunisia.
Source:The North Africa Journal
October 03, 2023 16:20 UTC
Al Sisi, candidate for December presidential polls – The North Africa Post
Egypt’s incumbent leader Fattah al Sisi announced Monday his plans to seek another term in office in the December presidential elections after assuming power in 2014. “I am heeding the call of Egyptians once again, and I am determined to run for president,” El-Sisi stated. Al Sisi first came to power in 2013 through a military coup that removed the country’s first ever democratically elected president Mohamed Morsi. He incited 2019 constitutional amendments that altered presidential term limits and became eligible to run for a third term in office that ends in 2030. National Elections Authority (NEA) late last month announced that presidential elections will take place 10-12 December, with Egyptians abroad casting their votes 1-3 December.
Source:The North Africa Journal
October 03, 2023 15:53 UTC
Between Africa and MENA: Egypt boosts regional integration
Egypt has been working towards regional trade integration for several years. Regional Integration EffortsIn March, the Worl Bank (WB) approved a Country Partnership Framework (CPF) for Egypt. Meanwhile, Egypt is also joining hands with its neighbors in the Middle East and North Africa (MENA) to ensure regional integration. This comes as Egypt benefits from its economic and trade regional integration with the Middle East and Africa (MEA). Egypt's efforts towards regional trade integration are driven by economic factors, and the country has been joining several regional agreements and initiatives to address challenges and strengthen its role as a regional trade and investment gateway.
Source:The North Africa Journal
October 03, 2023 15:11 UTC
TMU student groups raise money for disaster relief for North African countries
By Sidra Al JammalAs the need for disaster relief continues to rise in Morocco and Libya, several Toronto Metropolitan University (TMU) student groups organized a fundraiser to support the victims of the earthquake and floods that struck North Africa earlier this month. The TMU fundraiser was held from Sept. 18 to 22 as a collaboration between the Arab Students’ Association (ASA), Middle Eastern Students’ Association (MESA) and Islamic Relief Canada. Samia Musa, co-president of Islamic Relief TMU, shared that they started the fundraiser to help those directly affected. “Despite having a diverse faculty and student body, our university did not attempt to raise awareness,” she added. “Many students on campus, the Muslim and Arab community, were very proud of what we were doing and supportive of it.”Qadoumi recalled heartfelt gestures from some TMU students.
Source:The North Africa Journal
October 03, 2023 14:50 UTC
Top 10 African countries with biggest investments in hotel business in 2023
This total, according to a report by the W-Hospitality Group report titled Hotel Chain Development Pipeline Africa, “has been analyzed initially according to two main regions, i.e. According to the report, “the hotel chains have deals signed in 42 countries in Africa. In this context, pipeline status refers to the number of projects in the hospitality industry, still in the works. MethodologyThe report was put together using the data on signed deals in early 2023 from 45 regional (African) and international hotel chains. For each of the 482 pipeline deals, up to 18 data points were collected – that’s a total of almost 9,000 “bits.”ADVERTISEMENT
Source:The North Africa Journal
October 03, 2023 14:06 UTC