PRESSR: HSBC partners with Geidea to launch Omni Collect e-commerce payment solution in the UAE
First published: 27-May-2024 11:26:50Dubai, UAE: HSBC has announced the launch of its new e-commerce digital payment platform Omni Collect in the UAE in partnership with leading Saudi-based fintech player, Geidea. The partnership was announced at a signing ceremony attended by Mohamed Al Marzooqi, Chief Executive Officer, UAE, HSBC Bank Middle East, and Mr Abdullah AlOthman, founder and Executive Chairperson of Geidea. Omni Collect is available in the UK, Australia, India, mainland China, Hong Kong, Indonesia, Malaysia, South Korea, Japan, Singapore, Thailand and Vietnam. Omni Collect is one of many ways we are investing in the UAE market to meet our customers’ digital needs,” added Boag. In Saudi Arabia, HSBC is a 31% shareholder of Saudi Awwal Bank (SAB), and a 51% shareholder of HSBC Saudi Arabia for investment banking in the Kingdom.
Source:The North Africa Journal
May 27, 2024 07:55 UTC
Africa-focused fund managers invited to apply for Obuntu Launchpad programme
Africa-focused fund managers have been invited to apply for the Obuntu Launchpad programme in order to advance their investment approach, optimise fund outcomes, and expand their impact. Run by the Obuntu Foundation, a catalyst for the next generation of Africa-focused Fund Managers, via a strategic partnership with Mennonite Economic Development Associates (MEDA), a global non-profit organisation focused on economic development and entrepreneurship, applications for the third cohort of the Obuntu Launchpad programme are now open. The 12-month programme equips early-stage fund managers with the essential tools and expertise to build and operate successful funds within an African context, providing tailored training, LP engagement opportunities, and a collaborative network for knowledge sharing and deal flow. Since its launch in 2022, the Obuntu Launchpad Fellowship has successfully run two cohorts, supporting 24 fellows representing 21 funds with a combined target Assets Under Management (AUM) of US$281 million. The partnership with MEDA will strengthen the Obuntu Foundation’s mission of empowering a thriving ecosystem of African fund managers.
Source:The North Africa Journal
May 27, 2024 07:31 UTC
African countries bracing for AI adoption amid glaring challenges: report
While artificial intelligence (AI) continues its remarkable climb worldwide, several African countries are throwing their hats in the ring to incorporate the emerging technology into their economies. Oxford Insights Government AI Readiness Index report measures the efforts of 193 countries in their attempts at integrating AI and machine learning. According to the report, African nations are at the bottom of the pile, ranking low across all 39 indicators in the index when compared to other regions. The last 12 months saw the trio of Senegal, Benin and Rwanda introduce national AI strategies to join Mauritius as the only countries with a national AI blueprint. “As Rwanda and Senegal’s new strategies illustrate, international organisations can be influential in supporting African nations to create their own national AI strategies,” read the report.
Source:The North Africa Journal
May 27, 2024 07:16 UTC
In one North Carolina county, it’s ‘growth, growth, growth.’ But will Biden reap the benefit?
SILER CITY, N.C. (AP) — At the epicenter of President Joe Biden’s promised economic boom, a slow tractor can still halt traffic. “It is growth, growth, growth.”That same economic story is being replicated in a number of other critical battleground states, including Arizona and Georgia. The county backed Biden over Trump in 2020 but sits in the solidly Republican congressional district of Rep. Richard Hudson. But Republicans in North Carolina’s legislature say investments in the state had more to do with their own policies than the incentives from Biden. EVEN WITH NEW FACTORY INVESTMENTS, THERE ARE RISKSBut that does not mean Biden’s industrial strategy is a sure thing.
Source:The North Africa Journal
May 27, 2024 06:40 UTC
How Ghana’s Atunwa Digital connects content creators with advertisers via streaming
Ghana’s Atunwa Digital is providing audio and video streaming services to media companies and content creators, helping them bring their content online and connecting them with a global network of advertisers. Launched five years ago by Mac Maison and Mamuna Oladipo, Atunwa Digital aims to reconcile media companies and content creators by providing reliable streaming services, ad-tech support, and comprehensive technical assistance. Additionally, we understand that a significant number of media companies and content creators across Africa require assistance in meeting these requirements and we are here to help,” said Maison. But Maison said Atunwa Digital differentiates itself by “turning would-be competitors into long-term partners”. “We achieve this by prioritising investments in our product department and developing cutting-edge SaaS products tailored to the digital streaming industry.
Source:The North Africa Journal
May 27, 2024 06:17 UTC
North Korea plans to launch satellite by June 4: Japan
Sanctions-breaking launch follows Pyongyang’s third and successful attempt to launch a spy satellite in November. North Korea has notified Japan of plans to launch a satellite between May 27 and June 4, after putting its first spy satellite into orbit at the third attempt last November. The notice came ahead of the first trilateral summit between Japan, South Korea and China in nearly five years. Nuclear-armed North Korea placed its first spy satellite in orbit in November, following two unsuccessful attempts, in a move that drew widespread condemnation. Seoul has said that North Korea received technical help from Russia for that satellite launch, in return for sending Moscow weapons for use in its war in Ukraine.
Source:The North Africa Journal
May 27, 2024 06:08 UTC
Tunisia : New Economy Minister Feryel Ouerghi Sebai marks territory with Foreign Minister Nabil Ammar
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Source:The North Africa Journal
May 27, 2024 06:06 UTC
Annuloplasty Ring Market Forecast to Reach USD 44.9 Million by 2033 | Market.us
The Annuloplasty Rings Market research report delivers essential data, offering clients the insights necessary for making critical decisions. The Annuloplasty Rings report elucidates the market’s potential, offering both quantitative and qualitative insights that equip stakeholders with competitive advantages. Covering more than 60 geographies, the Annuloplasty Rings market report offers a detailed segmentation by region and country. Research and study the status and future forecast of the global Annuloplasty Rings market, which includes production, revenue, consumption, history, and forecast. Porter’s Five Forces Analysis, PEST, and SWOT Analysis are used to examine the various perspectives of the Annuloplasty Rings Market.
Source:The North Africa Journal
May 27, 2024 05:03 UTC
Morocco : France makes it easier for Moroccan graduates to apply for visas
Africa Intelligence uses cookies to provide reliable and secure features, measure and analyse website traffic and provide support to the website users. Apart from those essential for the proper operation of the website, you can choose which cookies you accept to have stored on your device. Either “Accept and close” to agree to all cookies or go to “Manage cookies” to review your options. You can change these settings at any time by going to our Cookie management page.
Source:The North Africa Journal
May 27, 2024 04:44 UTC
Emirates NBD Selects Pine Labs Credit+ Platform to Enhance Payment Solutions for Corporate Clients
Emirates NBD, the banking group for the Middle East, North Africa and Turkey (MENAT), is joining forces with Pine Labs, a merchant commerce omnichannel platform, to provide the latest payment solutions to companies across the region. Emirates NBD will leverage the Pine Labs Credit+ platform, to deliver cutting-edge merchant-acquiring processing solutions for its corporate and institutional clients, initially in the UAE and then across the Kingdom of Saudi Arabia and Egypt. We will run their point-of-sale, payment gateway and run all their payment processing.”Mittal also explained how the partnership is enabling Pine Labs to expand its global influence. “This is not only for the UAE alone, but, with Emirates NBD, we plan to expand into two new markets: Saudi Arabia later this year, and Egypt next year. Emirates NBD currently boasts a presence in 13 countries, serving over nine million active customers.
Source:The North Africa Journal
May 27, 2024 03:52 UTC
BlastUP Presale Hits $7M; Final Days to Buy $BLP
Early Triumphs Fuel BlastUP’s Presale Surge Toward $7 MillionBlastUP, currently in its presale phase, has already demonstrated its practical value by successfully launching two IDOs. Continuing to capture attention, BlastUP’s presale success is nearing a pivotal milestone with nearly $7 million raised so far. Hurry to Join BlastUP Presale Before It EndsMultiple Benefits for Early Buyers of $BLP TokensBLP, the native token of BlastUP, plays a vital role within its ecosystem, enhancing user involvement. Why buy BLP tokens? The ongoing presale of $BLP tokens offers a unique chance to join this promising project.
Source:The North Africa Journal
May 27, 2024 00:07 UTC
North Korea plans to launch a rocket soon, likely carrying its second military spy satellite
SEOUL, South Korea (AP) — North Korea on Monday announced plans to launch a rocket apparently carrying its second military spy satellite by early next week, drawing quick, strong rebukes from neighbors South Korea and Japan. North Korea’s planned launch likely would be an attempt to put its second military spy satellite into orbit. South Korea’s military said Friday it detected signs of suspected preparations to launch a spy satellite at North Korea’s main Tongchangri launch facility in the northwest. “If North Korea presses ahead with its launch despite the international warning, I think the international community must sternly deal with it.”Kishida said he strongly urges North Korea to cancel the launch. China is a North Korean ally, and Li didn’t mention the North Korean satellite.
Source:The North Africa Journal
May 26, 2024 23:01 UTC
Panthers honor World War II veteran Terens at Game 3
The 100-year-old World War II veteran received a loud standing ovation from the crowd while being honored as part of the Panthers’ Heroes Among Us program, which has been showcasing military heroes from the area since 2013. That Terens’ moment in the spotlight came on the day before Memorial Day in the United States added to the significance for him. “I’m going to invite them all to my wedding. “We’re going to Paris and I’m going to lecture at a high school in Paris,” Terens said. “The second day, I’m going to be one of the honorary veterans at the Arc de Triomphe.
Source:The North Africa Journal
May 26, 2024 21:04 UTC
For the Love of Fayetteville: Taste of West Africa a global space for connections downtown
So love and good energy are thee first two ingredients in ANY and EVERY dish served at Taste of West Africa. Born in Ghana in West Africa, she first started making trips to the U.S. in 1997; she had friends in Chicago. More:For the Love of Fayetteville: Laminated books, scraps of paper launch two talented poetsThe museum job was very much in line with her nature. She says the community has never never let her down, and people waited patiently for Taste of West African to reopen. Love of family, love of friends, love of food, love of culture, love of community, love of educating, love of art and love of Africa.
Source:The North Africa Journal
May 26, 2024 15:22 UTC
South Africa’s 4 big political parties begin final weekend of campaigning ahead of election
JOHANNESBURG (AP) — South Africa’s four main political parties began the final weekend of campaigning Saturday before a possibly pivotal election that could bring the country’s most important change in three decades. “We have a plan to get more South Africans to work,” Ramaphosa said. Party leader John Steenhuisen made a speech while supporters in the DA’s blue colors held up blue umbrellas. Disaffected South Africans have gone to an array of different opposition parties, some of them new. South Africans vote for parties and not directly for their president in national elections.
Source:The North Africa Journal
May 26, 2024 12:23 UTC