Nigeria’s Shyft Power Solutions acquired by UK’s SteamaCo, secures funding
Shyft Power Solutions, a Nigerian innovator in digital energy solutions that has gained popularity with its community-metering solutions, has been acquired by SteamaCo, a UK-based leader in energy revenue management, in a move to revolutionise Africa’s energy sector, while it has also secured new funding. Shyft is an energy technology company that develops Internet of Things (IoT) hardware and integrated software to manage energy services intelligently. From novel turnkey metering solutions to patented monitoring and control solutions, Shyft is dedicated to delivering exceptional energy experiences and solving real energy challenges. “Our vision goes beyond delivering cutting-edge technology; it’s about transforming the energy experience of power providers and their consumers. “By combining our advanced metering technology with Shyft’s local expertise, we can better meet our customers’ specific needs.
Source:The North Africa Journal
November 19, 2024 12:16 UTC
South Africa reviewing phase two of Carbon Tax
As mentioned in the South African Budget 2024, government has published a carbon tax discussion paper for comment. The discussion paper puts forward proposals on phase two of the carbon tax design from 2026 to 2035 for consultation, considering South Africa’s Nationally Determined Contributions (NDC) commitments. The NDCs set out policies and measures to achieve these mitigation goals and adapt to climate change and the finance requirements to support the transition to a lower carbon climate resilient economy. Carbon tax is an integral part of the package of policy measures aimed at addressing climate change as recommended in the 2011 National Climate Change Response Policy and the 2012 National Development Plan. Find the Carbon Tax Discussions Paper on National Treasury websiteNow WatchAriane Labat: Counselor for Climate Action, EU Delegation to SA talks climate change and carbon tax at Enlit Africa 2022
Source:The North Africa Journal
November 19, 2024 11:47 UTC
Scaling up the global recycling of critical minerals
While the International Energy Agency (IEA) has long emphasised recycling’s potential, the first-ever IEA Critical Minerals and Clean Energy Summit really foregrounded the idea. The agency’s new report, Recycling of Critical Minerals: Strategies to scale up recycling and urban mining assesses the current state of recycling, explores the potential for secondary supply and presents policy recommendations to scale up recycling. Recycling critical minerals can make a differenceThe report shows that if recycling is scaled up, growth in new mines that supply critical minerals could be lessened by 25% to 40% by 2050. There is a major gap in today’s recycling rates between advanced and developing economies. Read the full Recycling of Critical Minerals: Strategies to scale up recycling and urban mining report on the IEA website.
Source:The North Africa Journal
November 19, 2024 11:30 UTC
Global Healthcare Construction Report, Q3 2024: Insights on the Top 20 Projects Per Region - Value, Start Date, Scope and Stage of Development
Dublin, Nov. 19, 2024 (GLOBE NEWSWIRE) -- The "Project Insight - Global Healthcare Construction Projects (Q3 2024)" report has been added to ResearchAndMarkets.com's offering. This report provides a detailed analysis of healthcare construction projects globally, based on projects tracked by the analyst. The top 20 projects per region are listed giving country, stage, value of projects. Reasons to BuyGain insight into the development of the healthcare construction sector. Assess all major projects by value, start date, scope and stage of development globally, for the regions to support business development activities.
Source:The North Africa Journal
November 19, 2024 10:54 UTC
How long have humans used plants as drugs? A Moroccan cave holds clues
The earliest evidence for the use of plants as drugs—possibly for medication or a pick-me-up—may have been found amid human remains in a 15,000-year-old cave burial in North Africa. According to a study published this month in Scientific Reports, researchers discovered berry-like seed cones from the shrub genus Ephedra in an ancient burial pit at the Grotte des Pigeons (Cave of Pigeons) in northeastern Morocco. Ephedra cones contain the substance ephedrine, a powerful stimulant that speeds up communication between the brain and body; and the researchers think they were consumed during the burial—suggesting the plant was widely used by the Stone Age people who lived nearby at the time.
Source:The North Africa Journal
November 19, 2024 10:50 UTC
Egypt explores IFC support for mining, infrastructure development
During a meeting with IFC officials, the minister explored opportunities for cooperation in the mining and infrastructure sectors. The minister highlighted Egypt’s National Strategy for Climate Change 2050, which aims to achieve sustainable development while tackling climate-related challenges. Additionally, the National Sustainable Energy Strategy 2035 sets a target to diversify energy sources, with 42% of electricity projected to come from renewable sources ,such as solar, wind, and hydropower by 2030. Valerie Levkov, IFC’s Global Industry Director for Energy, Metals & Mining, and Sustainable Infrastructure Advisory, affirmed the corporation’s interest in collaborating with Egypt on the mining sector. First name * Last name * Email Address * Please tick the News Alerts you wish to receive: General Weekly News Product & Services News
Source:The North Africa Journal
November 19, 2024 09:24 UTC
6 SA startups selected for Google’s Black Founders accelerator programme
Six South African startups have been selected for the Google for Startups Accelerator Africa: Black Founders programme, securing access to ZAR1 million (US$50,000) in non-dilutive funding and up to ZAR3.6 million (US$200,000) in Google Cloud credits. Google, which recently announced the eighth cohort of its Google for Startups Accelerator Africa programme and also backs African startups via its Black Founders Fund, opened applications for the programme in October, and confirmed participants at Africa Tech Festival in Cape Town last week. Aside from the ZAR1 million (US$50,000) in grant funding and the Google Cloud credits, the selected ventures will also be provided with one-on-one training and networking with mentors. The selected ventures include Aveade, a digital marketplace that links buyers and sellers, emphasising ease of access and a wide range of products; Breaze Delivery, a real-time delivery service that links businesses with a fleet of drivers to ensure quick and efficient deliveries; and Mapha Logistics, which empowers township, peri-urban, and rural merchants with innovative digital tools to streamline their business operations. Also taking part are Swagshack, an online street fashion order and delivery service that serves as an intermediary between upcoming fashion brands and customers; Vuleka, an e-commerce and fintech platform that connects informal township businesses to customers through both online and offline channels; and Wisi-Oi, a video-based resell fashion platform, revolutionising the way people buy and sell pre-loved fashion.
Source:The North Africa Journal
November 19, 2024 08:55 UTC
Burundi’s President grants clemency to almost half of country’s prisoners
Burundian President Evariste Ndayishimiye has ordered the release of about 41 percent of the country’s prison population of 13,211, those charged with minor crimes. News report says the president hopes the amnesty will enable those freed to change their behavior and contribute to the country’s development. Agathon Rwasa, leader of Burundi’s main opposition party, the National Freedom Council (CNL), tells VOA’s James Butty, the release of prisoners does not include those arrested for their political beliefs and affiliation
Source:The North Africa Journal
November 19, 2024 08:54 UTC
Celebrity MasterChef South Africa Premieres 30 November On SABC
A new season of Celebrity MasterChef South Africa is set to premiere following the conclusion of the 5th season of the beloved food competition series produced by Primedia Studios for SABC3. South African celebrities will showcase their culinary skills starting Saturday, 30 November, at 20:30. This upcoming season marks only the second edition of Celebrity MasterChef SA on South African television. This approach is reminiscent of the first Celebrity MasterChef SA season, filmed concurrently with the third season. After Celebrity MasterChef SA, viewers can look forward to a new sixth season of MasterChef SA on SABC3, featuring South African home cooks.
Source:The North Africa Journal
November 19, 2024 08:24 UTC
RMB Announces “Urgent Pay” to Enhance Corporate Payments
RMB has introduced Urgent Pay, a solution enabled through the bank’s API channel, which gives corporates access to real-time payments powered by PayShap (and soon other real-time payment rails). Available 24/7, this solution supports a wide range of corporate payment needs, including salary disbursements, claims payouts, refunds, and supplier payments. This allows the Corporate to improve payment success for Bills, Debit Order Arrears Payments and Payments for purchases. TCIB allows RMB clients to make near real-time cross-border payments between RMB accounts across CMA countries, available through host-to-host integration and the RMB Online Banking platform. “With these solutions, RMB is not only enhancing the efficiency of our clients’ payment systems but also redefining what’s possible in corporate banking by working towards creating a seamless, integrated experience,” Mofokeng concludes.
Source:The North Africa Journal
November 19, 2024 08:13 UTC
Kaspersky and AFRIPOL bolster partnership against cybercrime with new agreement
Kaspersky and AFRIPOL have signed a five-year cooperation agreement to strengthen global efforts against cybercrime. Strengthening the existing relationship between the two organisations, the agreement provides for enhanced data exchange on cyberthreats and cybercrime trends, with Kaspersky handing over such data to AFRIPOL for the further criminal intelligence analysis by the organisation. The official signing ceremony took place at AFRIPOL’s headquarters in Algiers on November 18, with the agreement signed by Kaspersky founder and CEO, Eugene Kaspersky and AFRIPOL’s Acting Executive Director, Ambassador Jalel Chelba. Kaspersky founder and CEO, Eugene Kaspersky, noted: “An effective fight against cybercrime is inconceivable without cooperation. The two organisations have also been advocating for greater digital trust, with AFRIPOL having endorsed Kaspersky’s first Transparency Center in the African region in Rwanda.
Source:The North Africa Journal
November 19, 2024 08:09 UTC
Remember to recode your electricity meter before 24 November
With less than six days remaining until the 24 November 2024 deadline, Eskom is urging all prepaid electricity customers to recode and update their meter immediately to avoid an unexpected loss of electricity. Meters still using KRN1 (Key Revision Number 1) will no longer accept electricity tokens after Sunday 24 November 2024. If your prepaid meter remains on KRN1 after the deadline, the KRN1 tokens will no longer be accepted after 24 November 2024. How to Check and Recode Your MeterTo verify if your meter is ready:Enter 1844 6744 0738 4377 2416 on your meter keypad. Nelson Mandela Bay Metro prepaid meter update deadline nearsTo complete the recoding:Enter the first 20 digits of your recode token.
Source:The North Africa Journal
November 19, 2024 07:52 UTC
Algeria: U.S. hardens its position on regional stability & security – The North Africa Post
On Sunday, U.S. Secretary of State Antony Blinken had a telephone conversation with Algerian foreign minister Ahmed Attaf. Under Secretary of State for Civilian Security, Democracy, and Human Rights Uzra Zeya started a working visit to Algeria for talks on “stability, “security”, and prosperity in “North Africa and the Sahel”. Under Secretary Zeya will be joined by Bureau of Near Eastern Affairs Assistant Secretary Barbara Leaf, showing the importance of the mission. She will raise with Algerian officials the issues of human rights, religious freedoms, freedom of expression, migration management and cross-border trafficking. Now, Washington sent envoys to Algiers to discuss the deteriorating human rights and the restrictions imposed on religious freedom and freedom of expression.
Source:The North Africa Journal
November 19, 2024 07:08 UTC
Analyst Unveils Shiba Inu Price Forecast For $0.1, Dogecoin For $14, And ETFSwap For $20, The Timeline Will Shock You
In the dynamic cryptocurrency landscape, a prominent analyst forecasts the Shiba Inu price to reach $0.1, the Dogecoin price to hit $14, and ETFSwap (ETFS) to soar to $20. Shiba Inu Price: Analyst Predicts $0.1 Price Surge AheadThe analyst’s forecast for the Shiba Inu price is electrifying, with a target price of $0.1. The momentum behind the Shiba Inu price is fueled by its strong social media presence and dedicated fan base. Dogecoin Price: Analyst Forecasts $14 Target Amid Growing Popularity And EndorsementsThe Dogecoin price remains a favorite among crypto enthusiasts, with the analyst predicting a price target of $14. ConclusionThe analyst’s predictions for the Shiba Inu price at $0.1, the Dogecoin price at $14, and the innovative ETFSwap (ETFS) highlight a bright future for meme coins.
Source:The North Africa Journal
November 19, 2024 05:30 UTC