Morocco should prepare to address the challenge of drought and inflation in 2024, the World Economic Forum (WEF) said. In its Global Risks Report, the WEF identified water supply and inflation among the most pressing issue Morocco would face this year as the country braces for the sixth consecutive dry year. Inflation was contained in Morocco thanks to a combination of monetary tightening by the central bank and government measures to curb imported inflation. But economists fear inflation would pick up due to an expected rise in food prices due to drought-stricken crops. The World Economic Forum also mentions unemployment as a risk in Morocco considering job losses in farm-dependent rural areas.
Source:The North Africa Journal
January 22, 2024 10:35 UTC
The North West Premier Kaobitsa Bushy Maape will be out of the country from 21 January until 31 January 2024 following advice and referral by his doctor to seek further medical treatment in Thailand. During his absence, the MEC for Cooperative Governance, Human Settlements and Traditional Affairs Patrick Dumile Nono Maloyi will act as Premier. MEC Maloyi has since been sworn in by the Judge President of the North West Division, Ronald Hendricks. Lastly, the Office of the Premier wishes to confirm that a formal notification of Premier Maape’s travel has been sent to both the President and the Speaker of the North West Provincial Legislature. Distributed by APO Group on behalf of North West Office of the Premier, Republic of South Africa.
Source:The North Africa Journal
January 22, 2024 10:32 UTC
Lake Retba, better known as Lac Rose (the Pink Lake), is located around 35km from the city of Dakar, Senegal. Its fresh water comes from the seasonal water table in the dunes, which are higher than the lake. Thus the sea provides most of the lake’s water and all of its salt. The lake’s waters are virtually devoid of life, with the exception of a few microscopic algae and bacteria. The Pink Lake is one of the main tourist destinations in the Dakar region, primarily because of the pink colour of its waters.
Source:The North Africa Journal
January 22, 2024 10:25 UTC
Having developed through a Eurocentric lens, the history of art barely acknowledges any contribution from Africa despite evidence of parallel origins of artistic expression. Viewed as primitive and having little influence on European art, African art was typically omitted from the canons. Looking at history anthropologically, however, a very different story unfolds in which African art may have evolved from the work of mathematicians and intellectuals. In reality, cave paintings have been found wherever Indigenous populations were seen worldwide. While recent evidence points to discoveries in Indonesia that are now said to be the oldest, previous research reserved that title for cave paintings found on the African continent.
Source:The North Africa Journal
January 22, 2024 10:24 UTC
In the midst of a generally gloomy outlook for the global economy in 2024, the World Bank has sounded a particularly downbeat note of concern for the prospects for sub-Saharan Africa. At the regional level, sub-Saharan African gross domestic product (GDP) is forecast to grow in line with the average for emerging markets and developing economies as a whole — faster than the global average and that of advanced economies such as the US and Japan (see table).
Source:The North Africa Journal
January 22, 2024 09:48 UTC
Seventy years on, Meloni is showcasing the Mattei plan as the crown jewel of her foreign policy, aiming to once again renew Italy’s approach to the African continent. When filling in the details of the Mattei plan, the Italian government would do well to shift its Africa policy from reaction to action by fostering cooperation with African capitals to address these long-term mutual interests. Without sufficient resources, the Italian plan will quickly pale in comparison. There can be no Italian Africa policy without or against Europe. Italy’s great project for Africa can only work in conjunction with EU projects of mediation and stabilisation in Africa.
Source:The North Africa Journal
January 22, 2024 09:45 UTC
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Source:The North Africa Journal
January 22, 2024 09:10 UTC
The Red Sea crisis, involving Houthi attacks, has garnered global attention and has potential implications for the broader Middle East and North Africa (MENA) region conflict and the global economy.
Source:The North Africa Journal
January 22, 2024 08:49 UTC
Lydia Shangu holds a master’s degree in communication sciences and a bachelor’s in geology from the University of South Africa. This profile was published in the African Power & Energy Elites 2023. Therefore, she suggests that the energy industry should focus on expanding national electricity networks and avoiding low quality materials. This is especially pertinent as she appreciates the difference energy access makes in people’s lives. She shares how she first came to appreciate this when she learnt that 15% of the world’s population lives without electricity access.
Source:The North Africa Journal
January 22, 2024 07:57 UTC
Egyptian digital healthcare startup Yodawy, which has pioneered a pharmacy benefit management platform in the MENA region using technology, expert pharmacists, and state-of-the-art logistics, has raised US$10 million in extra funding, taking its total raised capital to US$34.5 million. Founded in 2018, Yodawy enables its partners – insurance companies, medical providers, pharmacies, and pharmaceutical/FMCG companies – to service a wider audience and offer an exemplary customer journey to patients, anywhere in Egypt. Yodawy raised US$16 million in the first close of its Series B round last February, and it has now banked US$10 million more capital from Ezdehar, a direct investment fund management company, through its Ezdehar 2 mid-cap fund. This takes its total raised capital to US$34.5 million. He added that the company works with insurance companies and healthcare service providers to improve patients’ access and experience.
Source:The North Africa Journal
January 22, 2024 06:25 UTC
— ABIDJAN, Ivory Coast (AP) — Congo captain Chancel Mbemba was subjected to a torrent of racist abuse on social media after leading his team to a 1-1 draw against Morocco at the Africa Cup of Nations on Sunday. Mbemba had a heated exchange with Morocco coach Walid Regragui after the match. Regragui sought Mbemba after the game when the player was on his knees giving thanks in a personal moment. Mbemba took Regragui’s hand and clapped him on the back as it appeared he thought it was a friendly exchange. Mbemba suggested to journalists after the game in San Pedro that Regragui had insulted him.
Source:The North Africa Journal
January 22, 2024 05:38 UTC
The facility will produce HummingbirdEV’s zero-emission commercial vehicles to accelerate adoption of sustainable transportation in the Middle East and North Africa (MENA), Southeast Asia, and India. This news follows the approval of HummingbirdEV UAE, as a registered company in the UAE and the hiring of a local operations team. Headquartered in California, HummingbirdEV is disrupting the commercial vehicle sector to capitalize on the global shift towards zero-emission transportation. Its patented technologies are meticulously crafted to elevate performance expectations for zero-emission commercial vehicles across diverse regions and industries, while ensuring a lower total cost of ownership. "Collaborating with HummingbirdEV aligns perfectly with IBMC's commitment to promoting sustainable practices," says Mr. Sajith Kumar, Group CEO & MD of IBMC Group.
Source:The North Africa Journal
January 22, 2024 05:07 UTC
The story of Africa and Northern Ireland is one of resilience, perseverance, and a commitment to economic advancement. RELATED:Invest Northern Ireland: Africa has a key role to playIn 2022 alone, Northern Ireland exported over £156 million worth of goods to Africa, a testament to their commitment to the region, with countries like South Africa seeing a remarkable 24% growth. Autonomous RC Drill Rig | | Courtesy: Invest Northern IrelandNorthern Ireland is home to one of the most advanced innovation clusters, with a stronghold in materials handling, mining and quarrying. Invest Northern Ireland (Invest NI), the economic development agency of Northern Ireland, continues to support companies from this part of the UK in their export journey. Invest NI also connects African stakeholders to expertise, capability, and opportunities in Northern Ireland through their offices in Cairo and Johannesburg.
Source:The North Africa Journal
January 22, 2024 03:12 UTC
Dublin, Jan. 21, 2024 (GLOBE NEWSWIRE) -- The "Organic Fertilizer In Africa Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)" report has been added to ResearchAndMarkets.com's offering. The Africa Organic Fertilizers Market is expected to witness notable growth, with an estimated value of USD 266.11 million in 2023, surging to USD 389.20 million by 2028, showcasing a robust CAGR of 7.90% during the forecast period. With only 0.2 percent of agricultural land in Africa currently dedicated to organic farming, the potential for expansion is substantial, presenting ample opportunities for the organic fertilizer market. Additionally, as farmers pivot towards organic methods and shy away from expensive synthetic options, the demand for organic fertilizers is on the rise. Competitive Landscape and Market OpportunitiesThe African organic fertilizer market encompasses a wide array of local and international stakeholders.
Source:The North Africa Journal
January 22, 2024 01:52 UTC
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Source:The North Africa Journal
January 22, 2024 01:21 UTC