King Mohammed VI has sent a firm and straightforward message to the delusional and lunatic enemies of Morocco’s full sovereignty over its entire Sahara, telling them wake up to reality and cease pursuing an elusive dream for nearly five decades. The Royal Sahel initiative is open to all countries of the region including Algeria to unleash the full economic potential of the region. These gained momentum with the growing international support for Morocco’s sovereignty over its Saharan territory and autonomy initiative offered by the Kingdom under its sovereignty. The latest clash between the U.S. and Algeria at the UN Security Council over the Sahara makes the Algerian Generals extremely nervous and unsettled. Their anxiety heightened as the return of Trump to the presidency will bolster Morocco’s regional influence as well as its economic and military power.
Source:The North Africa Journal
November 07, 2024 15:02 UTC
Dutch charter airline Tui has resumed operations in the East African region with a maiden flight to Zanzibar. Kenya and Tanzania, usually rivals in tourism, have been trying to attract visitors from new markets. Unlike Kenya, Tanzania did not close its borders during the Covid-19 pandemic, but was also hit after airlines cut routes as passenger numbers fell. “We have been struggling to recover to pre-Covid numbers, but there is hope with the resumption of different direct flights to Mombasa. “We shall meet different tourism investors in trying to address different challenges they are facing,” said Ms Miano.
Source:The North Africa Journal
November 07, 2024 14:50 UTC
Not that the 16 players from both teams who will be on IPL audition during the series will have the franchise owners' attention to themselves. During the same eight days that South Africa and India are playing each other, Sri Lanka, New Zealand, West Indies, England, Australia and the Netherlands will be in action as well. So are Pakistan, Oman, Indonesia and Myanmar, but none of their players are in the auction.
Source:The North Africa Journal
November 07, 2024 14:44 UTC
This smart and IoT system aimed at optimising resources and improving the nutritional quality of agricultural products was awarded the “EIMA 2024 Segnalazione”, a recognition of innovation in industry. This new solution can be perfectly adapted to a wide variety of usage and includes all the elements necessary for a complete irrigation system: drip lines, drippers, connectors, filters and accessories. Over its first 50 years, Irritec has successfully expanded internationally by replicating a model rooted in Sicily. In 2023 alone, Irritec products and projects irrigated almost 470,000 hectares, saving 682 million cubic metres of water. Irritec subscribes to the objectives of the 2030 Agenda and the United Nations Global Compact.
Source:The North Africa Journal
November 07, 2024 14:12 UTC
T o fly from the south to the north of Nigeria takes only a couple of hours. Yet in one way, it is like going back in time. In Lagos state, the commercial capital in the south, women can expect to give birth to an average of 3.3 children during their lifetimes, which is what the world’s fertility rate was in 1990. In Katsina state in the north, the fertility rate is, at 7.4, higher than the global rate was in 1800.
Source:The North Africa Journal
November 07, 2024 13:56 UTC
DUBLIN--(BUSINESS WIRE)--The "MENA Existing & Upcoming Data Center Portfolio" report has been added to ResearchAndMarkets.com's offering. Saudi Arabia dominates the upcoming data center market in the Middle East and North Africa with almost 35% of the total power capacity. Khazna Data Centers is the largest data center Operator in the region, followed by Saudi Telecom Company and Gulf Data Hub. The existing data center capacity in MENA is over 1.2 GW on full build, which is almost 60% of the current Up-and-coming capacity in the region. Wholesale colocation (per kW) pricingExisting Data Centers (160 Facilities):Market SnapshotLocation (Region/Country/City)Facility AddressOperator/Owner NameData Center Name i.e., (Manama Data Center, Petak Tikva.)
Source:The North Africa Journal
November 07, 2024 13:14 UTC
MoroccoIn 2020, Morocco resumed diplomatic ties with Israel and Washington recognized Morocco’s sovereignty over the Sahara territory under a trilateral agreement. The three countries signed a joint declaration providing for closer economic ties and a US consulate in Dakhla. The Biden Administration has put the implementation of the Joint Declaration on hold although it maintained recognition of Moroccan sovereignty over the Sahara territory. AlgeriaFor all the above-mentioned reasons, the re-election of Trump has unsettled the octogenarian men in uniform ruling in Algeria behind a thin civilian curtain. Trump will promote shale gas exports putting additional supply in the global market, which will lead to lower prices.
Source:The North Africa Journal
November 07, 2024 12:46 UTC
• Buna participants will be able to leverage their existing Buna infrastructure to connect to Mastercard Move to make fast, secure and efficient payments to regions and corridors outside MENA, leveraging Mastercard’s extensive network. Today’s announcement is a major milestone in unlocking fast, transparent and cost-efficient cross-border payments into and out of the MENA region. It also underscores Mastercard commitment to improving cross-border payments by connecting existing systems and boosting their reach and efficiency. – Alan Marquard, Head of Transfer Solutions, MastercardBuna was founded with the mission to make cross-border payments more accessible and easier for people and businesses in the Arab countries. Mastercard’s joining our cross-border and multi-currency payments system is a major development, complementing our existing banking partners and helping boost financial inclusion, growth and trade across the region.
Source:The North Africa Journal
November 07, 2024 11:36 UTC
The wide rollout of mobile networks, including high-speed 4G and 5G mobile broadband services, has already helped to catalyze significant growth and development across the continent. According to the GSMA, the mobile economy contributed $170 billion to sub–Saharan Africa’s GDP in 2022 and is expected to rise to $210 billion in 2030. 5G is a key enabler for IoT, providing the low latencies and high-speed connectivity needed to support numerous networked devices. Zero hunger: IoT could boost agricultural productivity by using sensors to monitor soil moisture, nutrient levels, and weather conditions. Affordable and clean energy: IoT technology can improve energy efficiency and access by integrating smart meters and energy consumption monitoring, helping to balance energy demand and supply in off-grid areas.
Source:The North Africa Journal
November 07, 2024 11:24 UTC
Just because Trump called that agreement the “worst deal ever” did not mean that he wanted to pursue regime change in Tehran, however. Rather, he wanted to negotiate a better deal with the Iranians, one that allowed him say his nuclear deal was superior to Obama’s nuclear deal. Trump was otherwise quite dovish on Iran. Rather, he wanted to negotiate a better deal with the Iranians, one that allowed him say his nuclear deal was superior to Obama’s nuclear deal. There are still comprehensive sanctions on Iran, but the Biden administration has tended to look the other way at Iran’s oil sales.
Source:The North Africa Journal
November 07, 2024 11:21 UTC
Matrix Trust Company, a subsidiary of Broadridge Financial Solutions, Inc. (NYSE:BR), today announced the launch of a series of new index collective investment trusts (CITs), powered by Northern Trust Investments, Inc. The new CITs will invest in Northern Trust’s Aggregate Bond Index, S&P 500 Index and ACWI Ex-US Index collective investment trusts, to offer clients low-cost beta exposure. The CITs were created by Matrix Trust and built upon Matrix Trust’s existing offerings managed by sub-advisors. The index CITs have expense ratios of 2 bps, 4 bps, and 6 bps for the large cap index, bond index, and non-US index funds, respectively. Matrix Trust expanded its collective investment trust business in 2019 by acquiring TD Ameritrade Trust Company’s CIT business as part of its strategy to add additional capabilities for Matrix Trust customers and launch more funds with potential sub-advisors in the future.
Source:The North Africa Journal
November 07, 2024 11:18 UTC
President-elect Donald Trump on Tuesday evening defeated his Democratic rival, Vice President Kamala Harris and in the process reclaimed the U.S. state of Georgia, one of the key areas that helped the Republican nominee win the presidency. In 2020, Trump lost the election in Georgia to President Joe Biden. For insight on how people in Georgia are reacting to Trump’s victory, Esther Githui-Ewart spoke with Anthony LaBruto who was in the southern swing state.
Source:The North Africa Journal
November 07, 2024 11:14 UTC
At this cave in North Africa some 15,000 years ago, a human was buried alongside an “unusual and special” medicinal plant: Ephedra, a humble shrub that’s still used today in some traditional medicines. It’s the earliest known evidence of humans using this plant, and it holds the potential to cast light on the mysteries of funerary practices and prehistoric medicine. The discovery was made in La Grotte des Pigeons (The Cave of Pigeons), known locally as Taforalt, near the city of Berkane in northeastern Morroco. Most interesting of all was the discovery of Ephedra, a well-known medicinal plant that’s been used in the traditional medicines of India and China for thousands of years. However, they emphasize that it is clear this “unusual and special” plant was consumed in a funerary context, suggesting they understood its significance and strange properties.
Source:The North Africa Journal
November 07, 2024 11:03 UTC
Payment leaders, regulators, and developers share successes and outline how to build an inclusive global financial system at the Interledger Summit in Cape Town. Around two hundred banking and fintech leaders, regulators, parliamentarians from seven African countries, payment professionals, and developers gathered at the Interledger Summit recently. Discussions focused on how best to create an inclusive financial ecosystem through open payments. Panelists stressed the urgency of architecting systems that prioritize building an ethical financial system that includes underserved populations globally, drawing on use cases that prove it is not only possible but also economically sustainable. The Interledger Foundation, which aims to foster global digital financial inclusion and equitable access, has developed the Interledger Protocol (ILP).
Source:The North Africa Journal
November 07, 2024 10:15 UTC
Philipe Flamand, Co-Founder and Director at Candi Solar will speak about the adoption of solar and storage technology across Africa at the C&I Solar + Storage Summit in Johannesburg. Take a listen as he shares his view on rapid adoption of solar and storage technology in South Africa and what kind of lessons that could teach the rest of the world. Flamand explores the hurdles facing Africa’s solar industry, such as financing constraints and policy uncertainties and talks about how the continent can transform these obstacles into opportunities. He will give an overview of his company’s work on the Ngwenya Solar PV Park – a ground-mounted 15MW solar PV power project in Eswatini. Come and hear what else Flamand and his fellow panellists have to say at the C&I Solar + Storage Summit which runs on 19 and 20 November.
Source:The North Africa Journal
November 07, 2024 09:16 UTC