SLB quarterly profit rises, beats estimates on steady international business
(Reuters) – Oilfield services firm SLB’s third-quarter profit rose 13% and beat analysts’ estimates on Friday on steady demand for its equipment and technology in international market and from offshore projects in North America. However, the company warned of limited spending by international producers in a weak oil price environment. SLB, which gets 81% of its business from international markets, has been betting on overseas demand in recent quarters to offset weakness in North America. North America revenue rose 3% sequentially due to higher activity in the U.S. Gulf of Mexico, partially offset by lower drilling in U.S. land. Last quarter, the company said it had started a cost cutting program in some parts of the organization, including adjusting resources due to lower North America activity levels, and centralizing some digital delivery services.
Source:The North Africa Journal
October 18, 2024 13:33 UTC
North Africa in China's Strategic Thinking
DescriptionThis hybrid panel discussion explores China's historical engagement in North Africa, its current policies and strategies, and its future ambitions. This session will examine:China's role in multilateral organizations and forathe North Africa policies and aspirations of the People's Republic of China within BRICS+ (the intergovernmental organization comprising Brazil, Russia, India, China, South Africa, Iran, Egypt, Ethiopia, and the United Arab Emirates) + China's strategic thinking and priorities on alliance-buildingthe role and interests of China in North African conflictsthe impact in North Africa of China's cultural, educational, and health diplomacyThe panel is hosted by the North Africa Initiative of the School of Advanced International Studies (SAIS) Foreign Policy Institute in partnership with the Middle East Institute Switzerland (MEIS). This is a hybrid event; to attend virtually, watch the livestream on YouTube.
Source:The North Africa Journal
October 18, 2024 13:30 UTC
MENA Digest: Global Ventures-backed Abhi leads fundraising this week
MENA Digest: Global Ventures-backed Abhi leads fundraising this weekPremium Credit: 123RF.comAbhi, a UAE-based fintech startup, which is backed by Global Ventures and VentureSouq, led fundraising activity in the Middle East and North Africa region this week, securing debt funding to scale its business. Other startups that raised capital include Egyptian e-commerce platform WellPal, Saudi Arabian edtech startup AILA, Moroccan proptech ......
Source:The North Africa Journal
October 18, 2024 13:11 UTC
Pan-African fintech startup Yellow Card raises $33m Series C funding to drive expansion
Pan-African fintech startup Yellow Card has raised US$33 million in Series C funding to drive global expansion and strategic initiatives, taking its total equity funding to US$85 million. Since launching in Nigeria in 2019, Yellow Card has become the largest and first licensed Stablecoin on/off ramp on the African continent. Additionally, Yellow Card is developing innovative new products for the continent, strengthening its team and systems, and continuing to lead engagement with regulators across the continent. “This fundraise not only demonstrates our resilience, but also highlights the vital role of digital assets for businesses across Africa,” said Chris Maurice, CEO and co-founder of Yellow Card. “We couldn’t be more excited to back Yellow Card as they bring Africa on-chain with stablecoins,” he said.
Source:The North Africa Journal
October 18, 2024 12:44 UTC
North America Traditional TV & Home Video Market Size & Outlook, 2028
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to traditional tv & home video market will help companies and investors design strategic landscapes. Pay-tv subscriptions was the largest segment with a revenue share of 55.49% in 2021. Horizon Databook has segmented the North America traditional tv & home video market based on pay-tv subscriptions, physical home video, traditional tv advertising, public tv licence fees covering the revenue growth of each sub-segment from 2018 to 2028.
Source:The North Africa Journal
October 18, 2024 12:00 UTC
Nova Siri Genetics extends production footprint
Success of NSG varieties in Spain, Italy and North African countries is driving demand in other parts of the worldNova Siri Genetics continues to consolidate its international expansion into new berry producing areas. The Italian berry breeding company said it is achieving considerable success with its early strawberry varieties in Spain, Italy and North Africa and is now expanding into other regions such as South America and India. “In countries where strawberry production is growing, production companies are demanding information on the positive data that Nova Siri Genetics is achieving in Spain, taking into account that Andalusia and the province of Huelva concentrate the largest red fruit production area in Europe. “Specifically, the NSG varieties are those that are registering the greatest growth in this area. “This is a variety that stands out for its excellent characteristics and for a longer shelf-life and conservation of the fruit, two aspects of special value for production companies,” NSG said.
Source:The North Africa Journal
October 18, 2024 11:39 UTC
Pixalate Releases Q2 2024 North America Supply-Side Platform (SSP) Market Share Rankings for Connected TV (CTV), Mobile Apps, & Web: Magnite Leads in US & Canada on Roku, Verve No. 1 for Mobile App, G
London, Oct. 18, 2024 (GLOBE NEWSWIRE) -- Pixalate , the market-leading fraud protection, privacy, and compliance analytics platform for Connected TV (CTV) and Mobile Advertising, today released the Q2 2024 North America Supply-Side Platform (SSP) Market Share Reports for CTV , Mobile Apps , and Web . The reports reveal SSP market share in key countries of North America, including the United States and Canada. The report rankings incorporate sellers within the SupplyChain Object (SCO), meaning all sellers involved in the sale of an impression receive market share credit (i.e., in the case of reselling). In addition to the North America reports, Pixalate also released Latin America (LATAM) , Europe, the Middle East, and Africa (EMEA) , and Asia-Pacific (APAC) versions of the reports. pixalate.comDisclaimerThe content of this press release, and the Supply-Side Platform (SSP) Market Share Reports, reflects Pixalate’s opinions with respect to the factors that Pixalate believes can be useful to the digital media industry.
Source:The North Africa Journal
October 18, 2024 11:04 UTC
Uganda: President Museveni And Makerere University Professors Discuss African History – Africa.com
President Yoweri Kaguta Museveni yesterday 16th October 2024 met and held discussions with Makerere University Professors from the history department at State House, Entebbe. “I was watching some commentaries on the just concluded 62nd Independence Day Anniversary and one Prof. Ndebesa Mwambutsya’s comment caught my attention. He said that…there was no Uganda until the British created it,” President Museveni noted. “This provoked me to invite the Professor and a few others from the department of History at Makerere to have a discussion on African history and heritage. Prof. Samwiri Lwanga Lunyiigo requested the President to get time and write his book about the history of Uganda and Africa in general, saying it’s high time Africans wrote their own history.
Source:The North Africa Journal
October 18, 2024 09:59 UTC
OncoZenge AB intends to enter partnership with Pharmanovia for commercialization of BupiZenge™ in Europe, Middle East & North Africa
OncoZenge AB intends to enter partnership with Pharmanovia for commercialization of BupiZenge™ in Europe, Middle East & North Africa Fri, Oct 18, 2024 10:00 CET Report this contentSTOCKHOLM, SWEDEN – October 18, 2024 – OncoZenge AB (publ) (“OncoZenge” or the “Company”), announces the intention to partner with the global pharmaceutical leader Pharmanovia regarding exclusive rights to commercialization of BupiZenge™ in Europe, the Middle East, and Northern Africa (the “EMENA region”). The Company has signed a non-binding offer from Pharmanovia for a commercial partnership to introduce BupiZenge™ in Europe, the Middle East and Northern Africa. The intended agreement includes potential milestone payments, up to €7 million in support of the Phase 3 program and commercialization for BupiZenge™. We look forward to working with OncoZenge towards a definite agreement and on our mutual plans to ensure a successful clinical program and market introduction. The lead indication for BupiZenge™ is oral pain caused by oral mucositis, an inflammatory condition affecting millions of cancer patients.
Source:The North Africa Journal
October 18, 2024 09:45 UTC
SA’s MindCiti launches AI-integrated interview coaching feature
South African startup MindCiti has launched its AI-Integrated Interview Job Coach, a new feature designed to enhance users’ confidence and readiness for job interviews. Launched earlier this year, MindCiti offers a range of comprehensive solutions for individuals seeking to improve their mental health, soft skills, and job readiness. Now, the startup has launched its Interview Job Coach, which leverages advanced artificial intelligence to provide personalised coaching and feedback, simulating real-life interview scenarios. “We are excited to introduce this innovative feature to our platform,” said Kim Chulu, CEO of MindCiti. We believe that by boosting individual confidence and readiness, we can make a significant impact on the job market.”
Source:The North Africa Journal
October 18, 2024 09:24 UTC
Mpox vaccine rollout in Congo slower than expected, health official says
KIBATI, Democratic Republic of Congo, Oct 18 (Reuters) – C ongo needs to do more to raise awareness about mpox and the availability of vaccines, an official with the response team said on Thursday, warning the campaign to distribute the shots would take longer than anticipatedCongo’s mpox vaccination campaign launched this month in the hard-hit east. A Reuters reporter at a vaccination site in North Kivu province found that locals seemed unaware or suspicious of the shots.
Source:The North Africa Journal
October 18, 2024 08:06 UTC
Mastercard Partners with noon Payments to Launch Biometric Payment Passkeys in MENA
Mastercard has partnered with noon Payments, one of the biggest payment service providers in the Middle East and North Africa, to bring its Payment Passkey Service to the region and accelerate secure online checkout for shoppers. The Mastercard Payment Passkey Service streamlines e-commerce and revolutionizes the consumer journey. With payment passkeys, shoppers can choose their Mastercard card when checking out as a guest, or select a card already stored securely on file with a merchant. Partnering with noon Payments marks a significant step towards advancing payment authentication in the region. With deep local market knowledge and a commitment to global best practices, noon Payments tailors its services to meet the unique needs of each business.
Source:The North Africa Journal
October 18, 2024 07:47 UTC
South Africa Pouches Market Size & Outlook, 2030
The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to pouches market will help companies and investors design strategic landscapes. Horizon Databook has segmented the South Africa pouches market based on plastics, paper, metal, bioplastics covering the revenue growth of each sub-segment from 2018 to 2030. South Africa was one of the leading economies in the Middle East & Africa and was the third-largest economy in Africa in 2020. Moreover, the considerable presence of pouch manufacturers in the country including Kangopak, Cispak, Swiss Pac South, Kolysen Packaging Integration Co., Ltd., and others is expected to favor market growth in the coming years.
Source:The North Africa Journal
October 18, 2024 07:22 UTC
Nigeria climate change: 'My farm was destroyed by drought then floods
Mema Fwa lost her entire yield this season. Rabiu Musa cannot pay back his $2,000 (£1,500) loan because of a failed harvest. Climate change is wreaking havoc on farmers in northern and eastern Nigeria, contributing to growing food insecurity for millions this year, says the UN's Food and Agriculture Organization. Reporter: Azeezat OlaoluwaProducer: Yusuf Akinpelu and Ellen TsangFilmed and edited: Gift Ufuoma
Source:The North Africa Journal
October 18, 2024 03:31 UTC
‘This is the worst food crisis in decades’: El Niño brings famine to southern Africa
Months of drought in southern Africa triggered by the El Niño weather phenomenon have had a devastating impact on more than 27 million people and caused the region’s worst hunger crisis in decades, the United Nations’ food agency said Oct. 15. The WFP estimates that about 21 million children in southern Africa are now malnourished as crops have failed. “This is the worst food crisis in decades,” WFP spokesperson Tomson Phiri said. “October in southern Africa marks the start of the lean season, and each month is expected to be worse than the previous one until harvests next year in March and April. In southern Africa, food prices have risen sharply in many areas affected by the drought, increasing the hardship.
Source:The North Africa Journal
October 18, 2024 03:21 UTC