EY celebrates 100 years in MENA with record results
Originally incepted in 1849 in the United Kingdom, EY (in full: Ernst & Young) is one of the four largest professional services firms in the world. Since its early MENA beginnings in 1923, when EY setup its first regional office in Cairo, the firm has grown into a powerhouse. Commenting on the performance, Abdulaziz Al-Sowailim, EY MENA Chairman and CEO, said, “I am very proud of everything our people have achieved over the past 100 years in MENA, and most especially this year. Launched in 2019 in the MENA region, EY Ripples focuses on three distinct areas: supporting the next generation workforce, working with impact entrepreneurs, and accelerating environmental sustainability. Last week, EY announced a major multi-year $1.4 billion investment in artificial intelligence, which includes the launch of its own proprietary platform EY.ai.
Source:The North Africa Journal
October 03, 2023 11:10 UTC
Tanzania and Uganda Sign a $28.8 Million ICT Integration Deal
ShareTanzania and Uganda have signed a historic Memorandum of Understanding (MoU) to integrate their national information and communication technology (ICT) networks in a deal worth $28.8 million. The 15-year agreement will connect Tanzania’s National ICT Broadband Backbone (NICTBB) with Uganda’s National Backbone Infrastructure (NBI) through collaboration between Tanzania’s TTCL Corporation and Uganda’s National IT Authority (NITA-U). Key government officials attended the signing, including Tanzania’s Minister for ICT, Nape Nnauye and Uganda’s ICT Minister, Chris Baryomunsi. Nnauye emphasised the deal would increase ICT utilisation and trade between the nations, fulfilling a commitment made during recent presidential visits. By bridging ICT gaps between their nations, Tanzania and Uganda have taken a significant step toward their shared vision of greater regional integration.
Source:The North Africa Journal
October 03, 2023 10:50 UTC
North Africa Ceramic Tiles Market 2023 : Size, Share, Trends | Forecast 2028
IMARC Group, a leading market research company, has recently releases report titled "North Africa Ceramic Tiles Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028" The study provides a detailed analysis of the industry, including the North Africa ceramic tiles market share, size, trends, and growth forecasts. The North Africa ceramic tiles market size reached US$ 2.8 Billion in 2022. The North Africa ceramic tiles market is experiencing significant growth, driven by several key drivers and trends. Another significant trend in the North Africa ceramic tiles market is the increasing focus on sustainability and eco-friendly practices. Contact USIMARC Group134 N 4th St. Brooklyn, NY 11249, USAUSA: +1-631-791-1145 | Asia: +91-120-433-0800Email: sales@imarcgroup.comFollow us on Twitter: @imarcglobalLinkedIn: https://www.linkedin.com/company/imarc-group/mycompany/The post North Africa Ceramic Tiles Market 2023 : Size, Share, Trends | Forecast 2028 appeared first on Super Market Research.
Source:The North Africa Journal
October 03, 2023 10:25 UTC
Algeria : Beverage giant Ifri dabbles in cosmetics
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Source:The North Africa Journal
October 03, 2023 06:53 UTC
Disrupt Africa releases 2nd episode of podcast series on value of PR to tech ventures
Disrupt Africa has released the second episode of its two-part podcast series discussing the value of PR to African tech startups, in good times and bad, produced in partnership with Africa-focused public relations company Talking Drum Communications. This two-part series will explain the value of PR, and how to best put in place a strong PR strategy,” said Tom Jackson, co-founder of Disrupt Africa. “I really enjoyed the conversation and it was a great pleasure working with Disrupt Africa to put this very important series together. With journalists roaming the continent to find, meet, and interview the most innovative and disruptive tech startups, Disrupt Africa is a true showcase of Africa’s most promising businesses and business ideas. DP #51: Talking the talk – why African tech startups need effective PR, episode 1 – September 24, 2023 – Disrupt Africa has teamed up with Africa-focused public relations company Talking Drum Communications to discuss the value of PR to African tech startups, in good times and bad.
Source:The North Africa Journal
October 03, 2023 06:21 UTC
Meloni clashes with judges over migration curbing efforts
Prime Minister Giorgia Meloni has taken aim at Italian judges for refusing to order the detention of some refugees who should have been repatriated in accordance with the government’s most recent measures, accusing them of politicising the issue and going against Italy’s efforts to regulate migration flows. And I’m not just talking about the ideologised left and the circuit that has its own rich interests in reception”, Meloni said on social media. The National Association of Magistrates (ANM) in Catania quickly responded to Meloni’s accusations, rebuking her for how she commented on the judge’s decision. Democratic Party (S&D) Secretary Elly Schlein also intervened, and said Meloni is fueling an “institutional clash” that harms the country. “They should stop looking for an enemy a day to hide their responsibilities.
Source:The North Africa Journal
October 03, 2023 04:45 UTC
Dubai retains the top spot in the Middle East and North Africa, sixth globally on the World's Best Cities Index
Dubai retained its top spot in the Middle East and North Africa (MENA) region and sixth place globally on the World's Best Cities Index, which is published annually by Resonance Consultancy, a Canadian firm that conducts research and consulting on cities and destinations around the world. According to the results of the 2024 World's Best Cities Index, which was released yesterday, Dubai maintained its regional ranking from last year's index. In the report accompanying the index results, Resonance Consultancy described Dubai as "the Las Vegas of the Arabs," and a place that is proud of changing the way people think about the Middle East. Dubai is a major hub for business and finance, and it is also a popular destination for tourists from around the world. The report's findings suggest that Dubai is a leading global city that is well-positioned for continued success in the years to come.
Source:The North Africa Journal
October 03, 2023 03:27 UTC
Thousands flee Sudan town as war grips country’s south: Witnesses
Thousands have fled a southern Sudan town, residents said Monday, after attacks by the paramilitary Rapid Support Forces (RSF), at war with the army for nearly six months. RSF fighters on dozens of armed vehicles attacked the town of Wad Ashana, on the border between North Kordofan and White Nile states, on Saturday, according to residents. Sign up Also receive offers from The Africa Report Also receive offers from The Africa Report's partners“My neighbour and my cousin were both killed in the crossfire. The same allegation has followed RSF attacks across Sudan since the war began. Three days later, “the RSF attacked the city, completely overtaking it and pushing the army” 35 kilometres east, he said.
Source:The North Africa Journal
October 03, 2023 01:47 UTC
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Tunisia rejects EU financial aid, casting doubt on an immigration deal
Tunisia's President Kais Saied speaks to the media as he arrives for the first day of a European Union- African Union summit at the European Council building in Brussels, Belgium, February 17, 2022. The European Commission last month said it would disburse 127 million euros ($133 million) in aid to Tunisia as part of the deal to fight illegal immigration from Africa to Europe. “Tunisia rejects what the EU announced, not because of the small amount ... but because the proposal conflicts with the memorandum of understanding signed in July," Saied said. The July deal included a pledge of 1 billion euros in aid to Tunisia to help its battered economy, rescue state finances and deal with the migration crisis. Tunisia last week postponed a visit by a delegation from the European Commission to discuss the details of the migration agreement.
Source:The North Africa Journal
October 03, 2023 01:27 UTC
Tunisia's Saied rejects EU financial aid, casting doubt on immigration deal
Tunisian President Kais Saied on Monday rejected financial support announced by the European Union in September, saying the amount is small and goes against a deal signed three months ago. This handout picture provided by the Tunisian Presidency Press Service shows European Commission President Ursula Von der Leyen shakes the hand of Tunisia's President Kais Saied after a press briefing at the presidential palace in Tunis on July 16, 2023. The European Commission last month said it would disburse 127 million euros ($133 million) in aid to Tunisia as part of the deal to fight illegal immigration from Africa to Europe. “Tunisia rejects what the EU announced, not because of the small amount ... but because the proposal conflicts with the memorandum of understanding signed in July," Saied said. Tunisia last week postponed a visit by a delegation from the European Commission to discuss the details of the migration agreement.
Source:The North Africa Journal
October 03, 2023 00:19 UTC
Europe eyes DRC, Zambia, other African states, seeking critical mineral pacts to cut reliance on China – The North Africa Post
China is currently processing a big part of critical materials, including lithium or cobalt, in its territory. These deals will facilitate access to critical materials and will be part of the bloc’s broader effort to develop the strategic Lobito/trans-Africa corridor, a railway project to connect Angola, the DRC and Zambia to allow for shipping raw materials and minerals across the Atlantic. The EU woke up to its dependence on foreign powers for the critical raw materials late in the game, developing its first strategies on raw materials in the late 2000s. “Lithium and rare earths will soon be more important than oil and gas,” European Commission President Ursula von der Leyen said in 2022. “Our demand for rare earths alone will increase fivefold by 2030.”
Source:The North Africa Journal
October 02, 2023 23:11 UTC
Enza Capital Secures $58M for African Startups, Introduces Innovative Founder Scheme
ShareEnza Capital, an Africa-focused venture capital firm supporting startups across the continent, has closed two new funds totalling $58 million. Enza embarked on its VC journey in 2019 by launching an early-stage fund to identify and nurture high-potential seed and pre-seed startups. The new growth fund focuses on later-stage co-investments of up to $20 million per firm. From its robust funding to creative founder initiatives, Enza continues evolving as a major African VC player empowering innovation. Its growing team and capital allow Enza to back companies from early seed rounds to late-stage while forging productive partnerships.
Source:The North Africa Journal
October 02, 2023 20:24 UTC
Algeria says Niger coup leaders accept mediation, six-month transition plan
Military leaders in coup-hit Niger have accepted Algerian mediation and "a six-month transition plan", the foreign ministry in Algiers announced Monday. "The Algerian government has received via the Nigerien ministry of foreign affairs a (statement of) acceptance of Algerian mediation aimed at promoting a political solution to the crisis in Niger," the ministry said in a statement. In its Monday statement, Algiers said that "the acceptance of the Algerian initiative strengthens the prospect of a political solution to this crisis". The mediation would "pave the way" toward a "peaceful" resolution of the crisis, it added, saying such an outcome is in the interest "of the entire region". Tebboune on August 6 said he "categorically" rejected any foreign military intervention in Niger, which borders Algeria to the south.
Source:The North Africa Journal
October 02, 2023 20:20 UTC
The ‘Enclave Derby’: The Curious Story behind Spain’s Two North African Clubs
A.D Ceuta and Melilla C.F are two clubs that became a headache for Spanish administration. In 1956, Morocco’s independence forced a drastic change, as Ceuta and Melilla needed to integrate the Spanish league system, a major logistical problem. As the team joined the Spanish league system in 1956, it was merged with Tangier’s football club. This ‘derby’ had last taken place in 2012 — a derby that sees 225km divide both teams, making it perhaps the furthest derby in ‘Europe’, though it takes place… In North Africa. This was the story of the ‘Enclave Derby’, a derby that will once again take place on the 29th of January 2024 in Melilla.
Source:The North Africa Journal
October 02, 2023 20:12 UTC
Kenya leads the way in tapping into geothermal energy potential
The African Continental Power Systems Masterplan (CMP) study into Geothermal Power Plants (GPP) says geothermal power offers multiple benefits including high capacity factors and low costs. Geothermal exploration in East AfricaThe study notes that Kenya is the most advanced in its geothermal exploration, having grown its installed capacity from 15MW to 950MW and actively pursuing an increase to 10GW by 2040. The CMP being developed for Africa shows geothermal power to grow from 0.7% in 2023 to 1.1% of the electricity mix planned for 2040. This thermal energy is stored in rocks and fluids in the centre of the earth. “Geothermal energy is also used directly, by piping thermal water for heating greenhouses, fish farms, and municipal heating systems.
Source:The North Africa Journal
October 02, 2023 18:57 UTC