Konexa And North South Power Seal £14 Million Renewable Energy Deal For Nigerian Breweries
The United Kingdom is set to sign the Enhanced Trade and Investment Partnership (ETIP) with Nigeria, marking the first partnership of its kind with an African country. This move aims to bolster trade and investment, fostering new opportunities for businesses in both nations. The signing ceremony will take place in Abuja, attended by UK Business and Trade Secretary Kemi Badenoch and Nigerian Trade Minister Doris Nkiruka Uzoka-Anite. Additionally, during her visit, Secretary Badenoch will witness the signing of an energy agreement between UK-based Konexa and Nigerian North South Power, enabling the supply of 100% renewable power to Nigerian Breweries PLC and promoting sustainable development. This agreement is anticipated to lead to infrastructure investments exceeding £14 million, showcasing a commitment to clean energy adoption and investment in renewable energy solutions.
Source:The North Africa Journal
February 15, 2024 12:38 UTC
EU set to strike €210-million migration deal with Mauritania after Nigeria scrapped anti-migration law – The North Africa Post
Speaking during a recent visit to Mauritania’s capital Nouakchott, European Commission President Ursula von der Leyen said she had discussed a “common roadmap” on migration management with the country’s President Mohamed Ould Ghazouani, which should be finalized this spring. Von der Leyen’s pledge follows a similar deal struck with Tunisia in July 2023, which saw the EU committing €105 million to tackle smuggling, step up border management and speed up the return of asylum seekers whose applications are denied. Eight years earlier, the migration crisis prompted the EU to act as it sought to curb illegal immigration from the African continent. In exchange for financing of up to €1 billion, Niger’s government signed the 2015 law in an attempt to put a stop to the flow of migrants traveling through the West African country without documents. Nigerian military junta’s decision last November to revoke this law was slammed by Brussels, saying that it could lead to an increase in the number of people trying to reach Europe illegally.
Source:The North Africa Journal
February 15, 2024 12:03 UTC
African Union: North Africa agrees on Ghazouani as chairperson
Sign up Also receive offers from The Africa Report Also receive offers from The Africa Report's partners“It was the first agreement between North African countries since 2018,” says Sahrawi Arab Democratic Republic (SADR) ambassador Mohamed Beisat, representing the disputed state of Western Sahara. This is due to protracted disagreements over the status of Western Sahara between the SADR and its ally Algeria, and Morocco. Sign up Also receive offers from The Africa Report Also receive offers from The Africa Report's partnersGhazouani’s election must be confirmed by the heads of the member states this weekend, something that is often considered a formality. Unifying rolePandor previously told The Africa Report that South Africa’s interest was to see a “consensus position which represents the best opportunity for unity” on the continent. The rivalry between Morocco and Algiers also manifests in technical committees, an AU official tells The Africa Report.
Source:The North Africa Journal
February 15, 2024 11:56 UTC
These are the best restaurants in the Middle East and North Africa, according to the 50 Best list group
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Source:The North Africa Journal
February 15, 2024 11:46 UTC
Inaugural Edition of Design Doha 2024: Showcasing Innovation in Middle Eastern and North African Design
© Desert Cast | Towards an Identity, 2023Qatar Museums has just revealed the roster of designers and exhibitions for the inaugural edition of Design Doha. Running from February 24 to August 5, 2024, Design Doha is a new Design Biennial showcasing over 100 Middle Eastern and North African designers. + 10Anchoring the program is “Arab Design Now,” a survey of more than 70 Arab designers featuring 38 commissioned works. "Arab Design Now" showcases a wide range of designers, such as Elias and Yousef Anastas, Basma Hamdy, Levi Hammett, and many more. Finally, Carlo Ratti has been appointed as the next curator of the International Architecture Exhibition – La Biennale di Venezia.
Source:The North Africa Journal
February 15, 2024 11:11 UTC
Telecom can reap big returns from investments in cloud
A study from strategy consulting firm Strategy& asserts that now is the time for telecom companies to move to the cloud. The overall value of the cloud technologies market in the MENA region could nearly triple by 2027, to reach $9.8 billion. Telecom operators are projected to constitute a significant share, making up 8% to 10% of the total market value. For example, a majority of telecom companies in Europe have moved over a quarter of their IT workload to the cloud. As pressures on growth and profitability continue, it is time for Middle East telecom operators to commit to the cloud.”
Source:The North Africa Journal
February 15, 2024 10:54 UTC
Senegal: Solar irrigation are transforming farmers' lives
Solar-powered water pumps are enabling farmers in Senegal to irrigate their crops year round which, in turn, has seen trade pick up. Completed in 2021, the 160MW Taiba N’Diaye wind farm supplies electricity to 1.5 million people in Senegal. It is also helping reduce the cost of electricity generation in Senegal, which has one of the highest generation costs in sub-Saharan Africa. “With the solar pumps that we have provided them for free they can irrigate whenever they want to. Solar irrigation has the potential to transform the farming sector in AfricaA study released last year by the International Institute for Applied Systems Analysis (IIASA) said that solar irrigation is a game-changer for small-scale farms in sub-Saharan Africa.
Source:The North Africa Journal
February 15, 2024 10:51 UTC
Middle East & North Africa’s 50 Best Restaurants Unveils 1-50 List For 2024
50 Best announces the new list of Middle East & North Africa’s 50 Best Restaurants 2024, recognising those establishments that lead the hospitality sector across the region. We are equally proud to see restaurants from so many different cities represented on this year’s list, showcasing the abundant diversity of cuisines across the region.”In light of the current circumstances and challenges faced in the Middle East, 50 Best announced the decision last year not to host a live event programme for Middle East & North Africa’s 50 Best Restaurants 2024. 50 Best believes that hosting an in-person, celebratory awards ceremony and associated events would not be appropriate at this time. The Voting ProcessThe list is compiled by the Middle East & North Africa’s 50 Best Restaurants Academy, an influential group of more than 250 key leaders in the restaurant industry across the region, each selected for their expert opinion of the Middle East and North Africa’s restaurant scenes. To see more details on the Middle East & North Africa’s 50 Best Restaurants voting process, please click here.
Source:The North Africa Journal
February 15, 2024 09:29 UTC
Algeria : SC Johnson avoids heavy penalty for ending Algerian partnership
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Source:The North Africa Journal
February 15, 2024 09:00 UTC
Egypt : Cairo alarmed by plummeting Suez revenue
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
February 15, 2024 08:59 UTC
York's National Railway Museum exhibition looks at rail travel and disability
"I want visitors to the exhibition to make their own interpretations and memories from these artworks and feel encouraged to question their thoughts around disability. "The exhibition will include many accessible features such as QR codes that lead to an audio descriptive tour, portable object labels and a British Sign Language (BSL) exhibition overview.
Source:The North Africa Journal
February 15, 2024 01:32 UTC
Occidental Announces Fourth Quarter 2023 Results
OccidentalHOUSTON, Feb. 14, 2024 (GLOBE NEWSWIRE) -- Occidental (NYSE: OXY) today announced its fourth quarter 2023 financial results. The earnings release and accompanying financial schedules can be accessed via the Investor Relations section of the company’s website, oxy.com. The earnings release is also available on the U.S. Securities and Exchange Commission’s website at sec.gov. The company will hold a conference call to discuss the results on Thursday, February 15, 2024, at 1 p.m. Eastern/12 p.m. Central. Our Oxy Low Carbon Ventures subsidiary is advancing leading-edge technologies and business solutions that economically grow our business while reducing emissions.
Source:The North Africa Journal
February 15, 2024 00:34 UTC
Visa Collaborates with Egyptian Banks Company to Streamline Cross-Border Payments
ShareVisa has collaborated with the Egyptian Banks Company (EBC) to simplify and enhance the international remittance process for Egyptians residing overseas. This partnership aligns with the strategic goals of the Egyptian government and the Central Bank of Egypt (CBE) to promote and facilitate remittances from Egyptians working overseas. The EBC, as the technological arm of the Central Bank of Egypt (CBE), plays a crucial role in managing and enhancing various domestic payment ecosystems in Egypt. These consequences include credit card suspension and being listed on a platform managed by the Egyptian Credit Bureau. According to the World Bank, Egypt is currently ranked fifth among the largest recipients of remittances worldwide.
Source:The North Africa Journal
February 14, 2024 21:21 UTC
Last Chance to See Africa & Byzantium, Closing at The Met on March 3
On view through March 3, 2024, Africa & Byzantium sheds light on an underrepresented area of art history. Even though Byzantium was a vast empire that spanned parts of Africa, Europe, and Asia, its extensive connections to Africa have previously been understudied. Faith, politics, and commerce across land and sea linked these traditions to Byzantium, resulting in a lively interchange of arts and beliefs. “Through spectacular and widely unknown works of art, Africa & Byzantium illuminates the development, continuity, and adaptation of Byzantine art and culture in North Africa and the Horn of Africa, recentering African artistic contributions to the pre-modern period.”Andrea Achi, Mary and Michael Jaharis Associate Curator of Byzantine Art at The Met, said: “Africa & Byzantium builds upon the long legacy of The Met’s award-winning Byzantine exhibitions. Credits and Related ContentAfrica & Byzantium is organized by Andrea Achi, Mary and Michael Jaharis Associate Curator of Byzantine Art, Department of Medieval Art and The Cloisters at The Met.
Source:The North Africa Journal
February 14, 2024 16:36 UTC
IMF to Nigeria: Phase out ‘costly’ fuel and electricity subsidies
The Nigerian government should scrap fuel and electricity subsidies, the International Monetary Fund (IMF) has prescribed. “Fuel and electricity subsidies are costly, do not reach those that most need government support and should be phased out completely.”The Nigerian government confirmed last month that it will pay N1.6 trillion (nearly $1.1 billion) to subsidise electricity in 2024. “Immediately, it adopted two policy reforms that its predecessors had shied away from: fuel subsidy removal and the unification of the official exchange rates. “Between late May and June, only a few weeks after he was sworn in, President Tinubu decided to remove the governor of the CBN, devalue the local currency to a level closer to its fair value and phase out the country’s costly fuel subsidies. Of interestNigeria: Scrapping fuel subsidy will spur e-mobility market – report“Faced with the possibility of growing inflation and nationwide protests, a covert petrol subsidy was reintroduced.
Source:The North Africa Journal
February 14, 2024 16:11 UTC