Egypt Secures $40 Billion Investment For Renewable Energy And Green Hydrogen Projects In Suez Canal Zone
Egypt has inked seven memorandums of understanding (MOUs) with global companies for the advancement of renewable energy and green hydrogen ventures in the Suez Canal Economic Zone (SCZONE), as per an official statement. The MOUs are anticipated to result in investments amounting to $12 billion for the pilot phases and $29 billion for the initial phases, with total investments exceeding $40 billion over the next decade. The agreements were endorsed in the presence of Egyptian Prime Minister Mostafa Madbouly and involved entities like the General Authority for the Suez Canal Economic Zone, New and Renewable Energy Authority (NREA), The Sovereign Fund of Egypt (TSFE), as well as Egyptian Electricity Transmission Company (EETC). Detailed information on project types, capacities, and specific investments remains undisclosed. Like this: Like Loading...
Source:The North Africa Journal
March 04, 2024 10:39 UTC
Infrastructure Cyberattacks, AI-Powered Threats Pummel Africa
In 2023, most major economies in Africa experienced fewer overall cyber threats, but there were some exceptions. Kenya saw a 68% rise in ransomware attacks and South Africa saw a 29% jump in phishing attacks targeting sensitive information. Eighty percent of attacks on African organizations involved malware and 91% of attacks on African citizens included social engineering, according to the 2023 report by Positive Technologies on threats to the Africa region. Positive Technologies suggested that African organizations invest in developing their cybersecurity experts through regular training and certification to support in preventing and responding to cyberattacks. Read More: Infrastructure Cyberattacks, AI-Powered Threats Pummel Africa
Source:The North Africa Journal
March 04, 2024 09:52 UTC
Libya, Algeria, Tunisia agree to jointly tackle economic, security issues
According to a statement from the Libyan Presidential Council, President of the Libyan Presidential Council Mohammed al-Menfi met with Algerian President Abdelmadjid Tebboune and Tunisian President Kais Saied during the 7th Gas Exporting Countries Forum Summit in Algeria.
Source:The North Africa Journal
March 04, 2024 07:04 UTC
UN and Tunisia Unite for Pivotal Meeting on Youth Learning and Employment in North Africa
This initiative underscores a significant commitment towards addressing the critical issues of youth employment and social inclusion in the region. Building on Previous SuccessesThe first edition of this Regional High-Level Meeting laid the groundwork for a collaborative approach to tackling youth employment challenges. The meeting's success could have far-reaching impacts on youth employment policies not only in Tunisia but across North Africa and beyond. This event could mark a significant step forward in the global effort to ensure that youth employment remains at the forefront of the international development agenda. As the proposal moves forward, the anticipation grows for what could be a landmark event in the pursuit of meaningful and sustainable solutions for youth employment.
Source:The North Africa Journal
March 03, 2024 22:50 UTC
US State Department magazine highlights long-standing, multifaceted partnership with Morocco, an exporter of peace in a challenging region – The North Africa Post
State Magazine, the U.S. State Department Magazine, has highlighted, in its March issue, the “enduring, multifaceted and long-standing” partnership between the United States and Morocco. The March issue of State Magazine devotes its “Post of the Month” section to Morocco and its strategic partnership with the United States. The Magazine states further that Morocco is rapidly modernizing its infrastructure and economy to capitalize on its role as a strategic hub in the region and world-class travel destination. It renews the United States’ commitment to continue to stand by the Kingdom, an Atlantic neighbor, ally, and friend of America. State Magazine also mentions the “African Lion”, “the largest annual military training exercise on the continent.”
Source:The North Africa Journal
March 03, 2024 14:02 UTC
Burkina Faso prosecutor says some 170 people 'executed' in attacks on northern villages
Around 170 people were "executed" in attacks on three villages in northern Burkina Faso a week ago, a regional public prosecutor said Sunday. Burkina Faso soldiers patrol aboard a pick-up truck on the road from Dori to the Goudebo refugee camp, in the country's restive north, in this file photo taken in February 2020. Local security sources said the attacks were separate from deadly incidents at a mosque and a church in northern Burkina Faso that also happened a week ago. Burkina Faso has been grappling with a jihadist insurgency waged by rebels affiliated with al Qaeda and the Islamic State (IS) group that spilled over from neighbouring Mali in 2015. The violence has killed almost 20,000 people and displaced more than two million in Burkina Faso, one of the world's poorest countries situated in the Sahel, a region wracked by instability.
Source:The North Africa Journal
March 03, 2024 13:55 UTC
SADC army chiefs visit Goma amid clashes between DRC army and rebels
Top army officials from the southern African regional bloc visited the eastern Democratic Republic of Congo on Saturday, amid ongoing fighting between government troops and M23 rebels. The chiefs of defence staff of Southern African Development Community (SADC) countries held a high-level meeting in the city of Goma, capital of the embattled North Kivu province. He added that the visit by the chiefs of staff was “a strong signal of the commitment and determination of SADC and Burundi alongside the DRC”. It was their first coordination meeting since the deployment of SADC troops in North Kivu and came two days after SADC armoured vehicles were hit during an M23 attack. But some residents of Goma were not sure that the visit would make a difference in terms of the ongoing fighting.
Source:The North Africa Journal
March 03, 2024 12:28 UTC
UPDATE 1-Six militants killed in special operation in Russia’s Ingushetia region – TASS
Ingushetia, the smallest region in Russia, is wedged between North Ossetia and Chechnya. It has a population of about half a million people. For almost a decade until 2017, Russian security forces were battling an armed insurgency conducted by an array of Islamist militant groups in Ingushetia as well as in Dagestan and Chechnya. (Reporting by Lidia Kelly in Melbourne, Moscow bureau; Editing by Jamie Freed and Elaine Hardcastle)
Source:The North Africa Journal
March 03, 2024 12:12 UTC
Russia’s rebranded Wagner makes deeper inroads into Africa under ‘security for resources’ blueprint – The North Africa Post
Following the demise of its former boss Yevgeny Prigozhin and with a new leader at its helm, the infamous paramilitary Wagner Group is back in the game, helping the Kremlin to strengthen Russia’s presence in Libya and other parts of Africa. Years of civil war and chaos, the devastating flood, the absence of a democratic path, being politically fragmented between two rival administrations yet oil- and gold-rich, have made Libya prone to the influence of armed groups, most notably the Russian Wagner Group. Now under the lead of the new boss, General Andrei Averyanov, the paramilitary group is used by Moscow to expand its “security for resources” blueprint in the North African country, experts say. According to a recent report by the London-based military think tank Royal United Services Institute (RUSI), Russia is about to step up efforts even further in the form of an “Entente Roscolonial” — a group of states that actively seek to assist Russia — in the Middle East and Africa. The mercenaries now under his command in Libya who have been rebranded as the “Expeditionary Corps” continue to support General Khalifa Haftar and his Tobruk-based Libyan National Army (LNA).
Source:The North Africa Journal
March 03, 2024 12:02 UTC
Amphenol Announces First Quarter 2022 Dividend
Amphenol Corporation (NYSE: APH) announced today that its Board of Directors approved the first quarter 2022 dividend on its Common Stock in the amount of $0.20 per share at its meeting held on February 2, 2022. The Company will pay this first quarter 2022 dividend on April 13, 2022 to shareholders of record as of March 22, 2022. Amphenol designs, manufactures and assembles its products at facilities in the Americas, Europe, Asia, Australia and Africa and sells its products through its own global sales force, independent representatives and a global network of electronics distributors. Amphenol has a diversified presence as a leader in high-growth areas of the interconnect market including: Automotive, Broadband Communications, Commercial Aerospace, Industrial, Information Technology and Data Communications, Military, Mobile Devices and Mobile Networks. For more information, visit www.amphenol.com.
Source:The North Africa Journal
March 03, 2024 07:42 UTC
PRESSR: Saudi German Health reaffirms its leadership with the highest number of top-ranked hospitals in the region
Saudi German Health (SGH), a leading healthcare group in the Middle East and North Africa (MENA) region, reaffirms its leadership in healthcare excellence with five of its hospitals ranking prominently in Newsweek’s Best Hospitals 2024 list, marking the highest number of top-ranked facilities in the region. Makarem Sobhi Batterjee, President and Vice Chairman of Saudi German Health, said, “At SGH, we take great pride in being the only hospital group in the region with five hospitals featured in Newsweek’s prestigious Best Hospitals 2024 list. Saudi German Health recently achieved a double victory at the Ada'a Health Awards, being the only private healthcare group to secure two prestigious awards. The World’s Best Hospitals 2024 report by Newsweek and global data firm Statista underscores the challenges faced by hospitals worldwide. Send us your press releases to pressrelease.zawya@lseg.com© Press Release 2024Disclaimer: The contents of this press release was provided from an external third party provider.
Source:The North Africa Journal
March 03, 2024 07:01 UTC
Kingsley Holgate’s Afrika Odyssey Reaches Northern Africa
The aim is to reach 22 unique wildlife reserves, managed by the conservation NGO African Parks in partnership with the government of each country. The Afrika Odyssey expedition is also providing humanitarian support to communities living alongside these wildlife regions. “The whole team also contracted malaria whilst in East Africa and we know from personal experience how deadly malaria can be. Download the Good Things Guy App now on Apple or Google. We’re here to remind you that there are still so many good things happening in South Africa & we’ll leave you feeling a little more proudly South African.
Source:The North Africa Journal
March 03, 2024 06:26 UTC
Russian FM on weapon allocation and response to NATO memberships
Hungary's parliament on Monday approved Sweden's bid to join NATO, removing the final hurdle for the Scandinavian country to become the trans-Atlantic military alliance's 32nd member. Lavrov also commented on the prospect of military engagement with NATO after several prominent Western figures made comments regarding Ukraine and troop deployment. U.S. Defense Secretary Lloyd Austin remarked during a congressional hearing on Thursday that, he believed, NATO could be in "a fight with Russia" if "Ukraine falls." The Kremlin warned that if NATO sends combat troops, a direct conflict between the alliance and Russia would be inevitable. The idea of sending troops has been taboo, particularly as NATO seeks to avoid being dragged into a wider war with nuclear-armed Russia.
Source:The North Africa Journal
March 03, 2024 04:35 UTC
Thinking About a Cruise? Explore the Top Cruise Deals for 2024-25
This cruise tour includes a hotel stay in Lisbon and the added bonus of a visit across the border into Spain. The cruise line kicks off its Asia season with an 11-day cruise from Tokyo to Incheon on Norwegian Sun on November 3, 2025. ncl.comCunard Cooks Up a Summer SaleCunard is offering a reduced 5 per cent deposit on selected 2025 voyages including the third annual Great Australian Culinary Voyage, which is part of the Grand Summer Sale. Specials also include a savings of $500 per person on selected 10-day Europe River cruises and 11 day Portugal river cruises. The 15- day Romantic Rhine and Roselle Cruise from April 21 – May 5, 2025, offers a super early bird fare of $8095 per person including flights and $800 discount.
Source:The North Africa Journal
March 03, 2024 03:03 UTC
Cargo ship damaged by Houthi strike sinks
• British-registered vessel was loaded with combustible fertilisers• US claims destroying surface-to-air missile in YemenDUBAI: A cargo ship loaded with fertiliser has sunk in the Gulf of Aden less than two weeks after it was damaged by missiles from Yemen’s Houthi rebels, Yemen’s government said on Saturday. The Houthis claimed the Feb 19 attack against the Rubymar, a cargo ship flying a Belizean flag and operated by a Lebanese firm, which transported combustible fertilisers. The crew abandoned the ship and evacuated to safety after it was hit by two missiles. The TankerTrackers website said the sinking would “cause an environmental catastrophe in the (Yemeni) territorial waters and in the Red Sea”. Surface-to-air missile destroyedUS forces struck and destroyed a Houthi surface-to-air missile in Yemen after deciding it posed an “imminent threat” to American aircraft, the US Central Command in the Middle East announced.
Source:The North Africa Journal
March 03, 2024 02:24 UTC