Coastal states have continued to prioritize their own interests over the sustainable management of these stocks, leading to continued overfishing. “Over the next two years, our coalition will redouble efforts to propose actionable solutions for the coastal states, and we’ll be developing and sharing novel research to support these initiatives. ICES recommends lower quotas for 2025Recent ICES data on the state of the three pelagic stocks exacerbate the decline and jeopardize the stocks’ long-term health. “This should come as no surprise to those who have been following the developments on these stocks – including the coastal states. However, it is only a stepping stone toward what is really needed: a comprehensive management agreement that includes all Coastal States and adheres to scientific advice.
Source:The North Africa Journal
October 15, 2024 18:01 UTC
Major crypto exchange Crypto.com recently launched a legal battle against the US securities regulator, the Securities and Exchange Commission (SEC). The platform said that its goal is to fight to protect the future of the crypto industry in the United States. JOIN THE PEPE UNCHAINED ICO BEFORE ITS TOKEN GOES LIVEWhat Is Pepe Unchained? Pepe Unchained is a new Pepe-inspired meme coin, and the newest alternative to the original Pepe (PEPE). Pepe Unchained fixed this for itself by becoming the first Pepe meme coin to launch on its own blockchain.
Source:The North Africa Journal
October 15, 2024 17:44 UTC
Squaring away the circular economy dynamic“”The EPR Regulations were brought into law in South Africa in 2021. Standardising the management of e-wasteThe draft WEEE National Management Policy is the first time that South Africa has issued standardised guidelines for the proper and safe handling of e-waste. The expertise from small, prosperous Switzerland cannot, however, be transferred one-to-one to a large newly industrialised country like South Africa. Recycling batteriesThe recycling of batteries is one example of the e-waste management challenges particular to South Africa. Challenges of increasing e-wasteOtherwise, South Africa faces similar challenges in e-waste recycling as other newly industrialised countries, according to Capelli.
Source:The North Africa Journal
October 15, 2024 17:13 UTC
Sukari is the country’s largest and first modern gold operation, as well as one of the world’s largest producing mines. The addition of the Sukari mine to its portfolio will increase AngloGold’s annual production by around 450,000 ounces, bringing its total output to 3.1 million ounces. Since production began in 2009, Sukari has produced more than 5.9 million ounces of gold, and has a projected mine life of 14 years. Agnico Eagle Mines (TSX, NYSE: AEM) has completed two major transactions since 2022, positioning itself among the top five producers of the precious metal by market value. South Africa’s Gold Fields (JSE, NYSE: GFI) bought in August Canada’s Osisko Mining (TSX: OSK) in a deal valued at C$2.16 billion ($1.6bn).
Source:The North Africa Journal
October 15, 2024 17:03 UTC
SOUTH AFRICA TOUR OF BANGLADESH, 2024 South Africa look to 'get on with it' in Bangladesh Telford Vice Share TweetSouth Africa will play only 12 Tests in the 2023-25 WTC cycle ©AFPAbout all that connects Pretoria with Dhaka and Chattogram is that most men who live in those cities wear moustaches. Shane Warne played 12 Tests in South Africa but only one in Centurion, where he went wicketless for 89 in 36 overs. It's a fair argument, but it could also be seen as risky considering South Africa last played Tests in Bangladesh in July and August 2015. Prince played his 66 Tests from February 2002 to December 2011, when South Africa were more frequent visitors to Asia. South Africa will have only 12 matches in the 2023 to 2025 World Test Championship cycle, the fewest of all nine competing teams.
Source:The North Africa Journal
October 15, 2024 15:45 UTC
Egypt has denied claims that its military is involved in Sudan’s ongoing conflict, maintaining that it remains neutral and focused on ending the war. The Egyptian foreign ministry issued a statement dismissing allegations made by Mohamed Hamdan Dagalo, head of Sudan’s Rapid Support Forces (RSF), that Egyptian warplanes attacked RSF positions in the Jabal Moya region on October 5. The North African country reiterated that its priority is to protect civilians and boost international humanitarian efforts. Hemedti had accused Egypt of using Sukhoi Su-29 fighter jets to support Sudan’s army in recapturing the area. The conflict between Sudan’s army and RSF, now in its second year, has resulted in tens of thousands of deaths and displaced over 10 million people.
Source:The North Africa Journal
October 15, 2024 14:50 UTC
According to Nokia’s latest Middle East and Africa (MEA) Broadband Index report, the total number of mobile subscriptions in the region is projected to rise by 30 percent, from 1,764 million in 2023 to 2,293 million by 2029. By 2029, 4G subscriptions are expected to peak at 1,167 million, while 5G subscriptions will see a significant surge, rising from 41 million in 2023 to 519 million by the end of the decade. The report highlights a steady shift from legacy 2G and 3G networks to more advanced 4G and 5G technologies. Southern Africa: Faster 5G growth is anticipated, with 26 percent of subscriptions expected to be on 5G by 2029, driven by heightened competition and investments. Nokia’s latest report emphasizes the growing dominance of video streaming in mobile data consumption across the Middle East and Africa.
Source:The North Africa Journal
October 15, 2024 13:10 UTC
African Union’s Perspectives on Space Capabilities for Sustainability on Earth | In In News | By By Mustapha IderawumiH.E. His remarks come at a crucial moment for Africa’s burgeoning space sector, with the formal launch of the African Space Agency (AfSA). The African Space Agency (AfSA), an African Union (AU) organ, is dedicated to promoting, coordinating, and advising on space science and technology across the continent. The African Space Policy and Strategy serves as a continental guide for these activities, ensuring a sustainable, human-centric approach. The African Space Agency, he said, will strengthen collaboration within the Global South and between the Global South and Global North to further the sustainable use of space.
Source:The North Africa Journal
October 15, 2024 12:39 UTC
THE FEDERAL government has upped its cash support for those involved in Australia’s live sheep export chain to $139.7 million. In a 15 October media release the government said it would add $32.7 million to the $64.6 million already promised in its bid to phase-out live sheep exports by sea. Federal and state governments would work together to deliver the package which will include processing capacity grants and community wellbeing support. Included in the $139.7 million package is $27 million for activities to enhance market demand, aimed at exploring market development opportunities and advocating for Australian products at home and overseas. Agriculture minister, Julie Collins has approved the grant opportunity guidelines for the first round in the $4.4 million Enhancing Market Demand Program.
Source:The North Africa Journal
October 15, 2024 11:05 UTC
Rabbit Mobility has announced a $1.3 million investment round to fuel rapid growth of its micromobility platform across Egypt and other North African markets. A group of angel investors and experts in sustainable mobility also contributed to the round. “We believe in Rabbit Mobility’s innovative approach and commitment to sustainable transportation,” said Amal Dokhan, Managing Partner at 500 Global. “We are excited to support their growth and contribute to the development of the micromobility ecosystem in Africa.”Kamal told Zag that Rabbit Mobility is poised to achieve profitability by the end of the year. “In Sep 2024, Rabbit achieved a net profit/loss margin of -5%.
Source:The North Africa Journal
October 15, 2024 10:43 UTC
A green hydrogen project in the Suez Canal Economic Zone in Egypt has received a €30 million (around $32.7m) grant. The Ministry of Planning, Economic Development and International Cooperation confirmed that Norway’s Scatec and the German PtX Development Fund signed the grant. Egypt: Consortium to explore green hydrogen energy potentialThis fund is directed towards industrial projects at various stages along the green hydrogen value chain. The North African nation also launched a national strategy for green hydrogen production and is looking to become a leading green hydrogen producer and exporter. Egypt-EU seal energy deals focused on green hydrogen and ammoniaEgypt also established the National Council for Green Hydrogen to boost green investment.
Source:The North Africa Journal
October 15, 2024 09:34 UTC
Over the last few months, heavy rains have flooded every one of Chad’s 23 provinces, burst a dam in northern Nigeria, damaged ancient buildings in Niger’s desert town of Agadez, and killed more than 1,460 people in the countries on the fringes of the Sahara, according to U.N. aid agency OCHA. On one hand they were annual rains flagged up in advance with forecasts of particularly heavy downpours, raising the question, said Kadapia, why officials were not better prepared.
Source:The North Africa Journal
October 15, 2024 09:18 UTC
Limited time offer Save 50% on Digital EditionRs1950 for your first 6 months. Then Rs1950 per 3 months. The new FT Digital Edition: today's FT, cover to cover on any device. This subscription does not include access to ft.com or the FT App.
Source:The North Africa Journal
October 15, 2024 08:54 UTC
This award for the CSOV Grampian Kestrel will precede the decade-long minimum charter contract the firm signed in February to provide an SOV for EnBW's He Dreiht wind farm in the German sector of the North Sea. With a total installed output of 960 MW, the development is currently one of Europe’s largest energy transition projects and will be able to supply 1.1 million households with renewable energy. From the end of next year, 64 wind turbines with an installed output of 15 MW each around 90 kilometres northwest of the island of Borkum and 110 kilometres west of Heligoland will be connected to the grid.
Source:The North Africa Journal
October 15, 2024 08:13 UTC
Sustainability-related disclosure is evolving rapidly across Africa, driven by increasing awareness of environmental, social, and governance (ESG) issues and the need for greater transparency and accountability in business practices. “The African Securities Exchanges Association (ASEA) is also behind this important agenda and is working towards harmonising sustainability reporting standards across member exchanges – promoting best practices and consistency in ESG disclosures,” said Burmeister. “Climate-related transitional risks refer to risks that companies face as a result of the transition to a lower carbon economy. “For transitional risks, clients need access to skills such as greenhouse gas quantification and transitional risk assessment,” she said. These tools will be critical in the identification of potential physical risks and inform measures required to adapt to the changes.
Source:The North Africa Journal
October 15, 2024 08:10 UTC