African Beauty Trends: Opportunities for Beauty & Ingredient Players
African Beauty has emerged as a robust and contemporary trend within the beauty and personal care space. Source: AfroBotanics InstagramEqually, African Beauty transcends ingredients by taking into consideration the role of African skin tones and the African climate. African Beauty has untapped potentialRegardless of the challenges that beauty players may face in the region, the opportunities for African Beauty remain strong. There has been demand amongst African consumers to see beauty products that address their own unique skin tones, hair type and the African climate. The African Beauty trend provides a lucrative opportunity for beauty players to innovate or expand current offerings that address African beauty ideals.
Source:The North Africa Journal
November 28, 2023 10:04 UTC
Google philanthropy boosts MENA water security
With help from satellites, it will help estimate the availability of new water resources and improve water reuse. This will reduce the impact of water scarcity in the MENA region, improving food and water security. It will also identify the potential of wastewater reuse in different sectors and lead to reductions in groundwater use, the current source of water for many. “By supporting IWMI’s efforts to use AI in order to improve water reuse, we’re aiming to help people in Egypt, the UAE and Saudi Arabia,” he said. “This new data tool will help water managers bring recycled water into their future management plans to ease water stress for some users,” McDonnell said.
Source:The North Africa Journal
November 28, 2023 10:03 UTC
Former Mauritanian President Aziz denies charges of "illicit enrichment"
Former Mauritanian president Mohamed Ould Abdel Aziz on Monday firmly denied in court all allegations he faces of abusing his power and amassing a huge fortune. Aziz, who ruled the pivotal country between North Africa and sub-Saharan Africa between 2008 and 2019, fell into disgrace under successor and current President Mohamed Ould Ghazouani. With the prosecution having demanded a 20-year sentence, the 66-year-old former leader embarked on an hours-long monologue in court. Where is the proof of this corruption?," asked Aziz, defending himself serenely but spiritedly in Arabic. The court is set to retire for deliberation ahead of sentencing set for the coming days.
Source:The North Africa Journal
November 28, 2023 09:36 UTC
Tanzania’s NALA receives license enabling more affordable international payments to Rwanda
The company has now received approval from the National Bank of Rwanda for a Payment Service Provider license, which will enable direct integration with banks and mobile money operators locally. NALA has been operating in Rwanda since 2021, partnering with other companies to disburse remittance payments to bank accounts and mobile money wallets. The new PSP license enables NALA to process disbursements and collections in-house, reducing cost and increasing reliability for those sending money to and collecting money from Rwanda. “We have worked closely with the Bank of Rwanda to complete the appropriate steps to become licensed as a Payment Service Provider. With this new license, NALA commits to supporting and collaborating with the Rwandan regulator and the relevant government agencies to accomplish our shared ambitions.”
Source:The North Africa Journal
November 28, 2023 09:16 UTC
A Couple’s Quest to End FGM in Senegal
When Woppa Diallo was 12, her aunt took her to visit a family friend in a village in northern Senegal. Diallo was subjected to female genital mutilation (FGM), which involves the partial or total removal of the external female genitalia. At 15, she founded Amfe, L’Association pour le Maintien des Filles à l’Ecole (the Association for Keeping Girls in School) in Matam, her hometown in north-east Senegal. Last month, a story she co-authored with her husband, Mame Bougouma Diene, based on her experiences of violence, won the Caine prize for African writing. They are the first pair to win the award since it began in 2000, and the first winners from Senegal.
Source:The North Africa Journal
November 28, 2023 08:20 UTC
Egypt : Belgian and Greek firms wait to find out who will build Egypt-EU electricity cable
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Source:The North Africa Journal
November 28, 2023 07:07 UTC
Hitachi Energy inaugurates cutting-edge transformers factory in Vietnam
Bac Ninh, Vietnam, Nov. 28, 2023 - Hitachi Energy, a global technology leader that is advancing a sustainable energy future for all, celebrates a significant milestone with the inauguration of its cutting-edge Transformers Factory in Bac Ninh, Vietnam. “Vietnam’s Power Development Plan sets clear pathways for a carbon neutral energy system by 2050, including strengthening its position as a leading manufacturing base in the region,” said Chandan Singh, Country Managing Director – Vietnam, Hitachi Energy. “This factory underscores our continued commitment to advancing a sustainable energy future for all.”The new transformers factory embodies Hitachi Energy's dedication to advancing technology, ensuring exceptional quality, and adhering to world-leading manufacturing processes. This modern transformers factory specializes in liquid-filled power and distribution transformers. ,” said Bruno Melles, Managing Director, Business Unit Transformers, Hitachi Energy.
Source:The North Africa Journal
November 28, 2023 05:31 UTC
HSBC hires UBS's Gautam Anand for role serving India's rich diaspora
By Chanyaporn ChanjaroenHSBC Holdings Plc hired a senior private banking executive from UBS Group AG where he ran a team serving wealthy Indians who live overseas. Gautam Anand was appointed Global Coordinator for Global India, the Middle East, North Africa and Europe from Dec. 1, according to an internal memo seen by Bloomberg News. Anand’s appointment will support the bank’s ability to serve clients across markets, said Leung, who joined the bank earlier this year also from UBS. Before UBS, he was a team head for non-resident Indians at Credit Suisse and was there for almost a decade. The country’s growing wealth management industry could be worth $5.5 trillion by 2025, according to Bloomberg Intelligence analyst Sarah Jane Mahmud.
Source:The North Africa Journal
November 28, 2023 05:08 UTC
North Korea rocket launches risk to civil aviation, maritime traffic, UN warns
North Korea's rocket launches represent a serious risk to international civil aviation and maritime traffic, a senior United Nations official told the Security Council on Monday. North Korea leader Kim Jong Un is seen. North Korea is restoring front-line guard posts that it had dismantled during a previous period of inter-Korean rapprochement, South Korea's military said Monday, after animosities spiked between the rivals over the North's recent spy satellite launch. But the deal is now in danger of being scrapped as both Koreas openly threaten to breach it. The deal left South Korea with 50 board guard posts and North Korea with 150.
Source:The North Africa Journal
November 28, 2023 02:38 UTC
European hydrogen backbone buildout well under way
Image: EHBEurope’s gas transmission system operators (TSOs) are planning to make substantial investments and can point to tangible progress on projects for the European hydrogen backbone network. The TSOs also are actively seeking sufficient contractual commitments from future network users to underpin their investment decisions in hydrogen networks, with the first financial investment decision – on the Hydrogen Network Netherlands project to create a national network there – already taken. The European Hydrogen Backbone initiative is a group of currently 33 TSOs spanning the European continent and collaborating to lead hydrogen infrastructure development. The report concludes stating that the initiative views investment in the hydrogen backbone as a necessary step forward for achieving lowest cost societal decarbonisation in Europe. Simply put, the hydrogen infrastructure network is of critical importance for achieving energy transition goals while preserving the competitiveness of the EU.”Originally published on smart-energy.com
Source:The North Africa Journal
November 28, 2023 02:10 UTC
20th Marrakech International Film Festival Celebrates Cinema Amid Global Challenges
The 20th edition of the Marrakech International Film Festival (FIFM) has opened its curtains, welcoming filmmakers and industry leaders to celebrate the art of cinema. British actress Tilda Swinton emphasized the importance of film festivals, saying, "Film festivals celebrate the opportunity in cinema to put yourself in someone else's shoes and to reach a kind of agreement about the human experience. Mélita Toscan du Plantier, Director of the Marrakech International Film Festival, highlighted this year's packed program with strong films and great directors. The festival, along with Saudi Arabia’s Red Sea Film Festival, is taking place while some other regional festivals, including the Cairo International Film Festival and Tunisia’s Carthage Film Festival, were canceled due to the ongoing conflicts. The Marrakech International Film Festival is set to run through December 2, promising a celebration of cinema despite the global challenges it faces.
Source:The North Africa Journal
November 28, 2023 00:02 UTC
Innovating for a connected Africa: NEC XON and MTN launch Phoenix, the continent’s first 400G optical transponder – Intelligent CIO Africa
MTN Group and NEC XON (an NEC Corporation subsidiary) have announce the successful deployment of Africa’s first 400G optical transponder solution, Phoenix. By leading the way in adopting this innovative technology, MTN sets a remarkable example for other telecom operators to follow, ultimately benefiting customers with improved, cost-effective connectivity. To earn the Silver Badge, the Phoenix solution underwent rigorous testing, with network operators MTN and NTT Communications (NTT-Com) contributing to the execution and report submission. NEC’s solution comprises the NEC Network Operating System, based on Goldstone open-source software, running on Wistron’s Galileo Flex-T hardware. The Phoenix solution is interoperable with various transceivers compliant with OpenROADM and OIF specifications.
Source:The North Africa Journal
November 27, 2023 22:04 UTC
Milei Is Planning to Shake Up Argentina’s Foreign Policy, Too
With or without those policies, Argentina’s debt and currency challenges could still hold back his government. Alternatively, with a lot of luck, the macroeconomic environment and investor optimism could give the economy a sudden and unexpected boost. But if Milei’s control over Argentina’s economic fate is limited, he’ll have free rein over the country’s foreign policy, and on that front, too, he is planning some very large shifts. As a self-described defender of freedom, Milei rejects “communist” countries, by which he means not only China but also Brazil. Knowing Milei’s anti-Beijing stance, China bet heavily on Sergio Massa, the losing candidate for the ruling Peronists.
Source:The North Africa Journal
November 27, 2023 17:34 UTC
North Africa’s Vulnerable Groups Bear the Brunt of Natural Disasters
The Effects on Morocco’s ImpoverishedThe earthquake inflicted significant damage In Morocco, with Marrakesh, a city marked by high poverty rates in its suburbs, bearing the brunt of the devastation. Marrakesh heavily relies on tourism, primarily drawing visitors to its historical buildings, monuments, and heritage sites. Consequently, the earthquake constitutes a major crisis for economic activity in the city, affecting job opportunities for marginalized groups. The heritage neighborhoods and historical monuments suffered significant damage, undermining the city’s tourism-dependent economy. In response to the earthquake, Morocco has allocated a budget of $12 billion to address infrastructure and economic recovery in the affected regions over the next five years.
Source:The North Africa Journal
November 27, 2023 15:34 UTC
The Pride Of African Football: A Look Ahead
Few times, if ever, has the favorite going into an Africa Cup of Nations (AFCON) tournament emerged after a month of intense action hoisting aloft the trophy. But two years ago, at the last edition in Cameroon, Senegal were certainly a sentimental favorite because they had come so close on several previous occasions but never won, and so when they emerged as victors, it was to many neutrals’ delight.
Source:The North Africa Journal
November 27, 2023 14:13 UTC