LARMO spearheads global fight against financial crime at Paris summit
Copy LinkA high-level delegation from Libya’s State Assets Recovery and Management Office (LARMO) has taken part in a landmark international gathering aimed at tackling corruption and financial crime, bringing together representatives from 61 countries in Paris. The summit focused on sharing international best practices in recovering misappropriated assets and addressing the complex challenges posed by money laundering and cross-border financial crimes. The office’s participation underscores Libya’s unwavering commitment to reclaiming state assets, a move seen as vital for reinforcing national sovereignty and ensuring justice prevails. This strategic positioning would substantially enhance the office’s database capabilities and forge stronger connections with international financial institutions, legal bodies and law enforcement agencies. The office maintains complete financial independence and legal authority in pursuing its mandate.
Source:The North Africa Journal
November 22, 2024 22:31 UTC
At least seven Russian mercenaries killed in Mali attack
Wagner previously suffered heavy losses in a July battle with predominantly Tuareg rebels and Islamists near Mali’s border with Algeria which exposed the dangers faced by mercenaries working for military juntas in West Africa’s Sahel region. Mali and its neighbours Burkina Faso and Niger are struggling to contain separatists and powerful offshoots of Islamic State and Al Qaeda who have occupied swathes of territory in the Sahel over the past 12 years.
Source:The North Africa Journal
November 22, 2024 22:27 UTC
Madagascar: MVola, Orange, Airtel Decry New Mobile Money Tax
The announcement by Madagascar’s General Directorate of Taxes to introduce a 0.5% tax on mobile money transactions exceeding 150,000 Ar ( $31.80 USD) has sparked strong opposition from the country’s three major mobile money operators—MVola, Orange Money, and Airtel Money. Additionally, the move could jeopardize the livelihoods of the 164,000 distribution agents who depend on mobile money operations. Counterproductive for Public FinancesMobile money operators argue that the tax is unlikely to generate the projected fiscal revenues of 143 billion Ar. They propose fostering mobile money adoption, which could generate 50 billion Ar in additional tax revenues by 2025 through direct and indirect taxation. As champions of financial inclusion, MVola, Orange Money, and Airtel Money are urging the General Directorate of Taxes to reconsider the tax and engage in dialogue with stakeholders to develop a fair and sustainable tax framework.
Source:The North Africa Journal
November 22, 2024 22:16 UTC
Serving Up French Bistro and North African Comfort Food in a Tiny Eastern Sierra Town
Each night, Patron writes the menu on a chalkboard. To serve traditional food, the kind made in French countryside bistros or North African homes. “Crystal Geyser is part French,” Patron said. “And people would be drinking onion soup to prevent a hangover.”To prepare the soup, Patron puts the onions in a pan with butter and lets them caramelize for over an hour. So it takes a bit longer.”Every once in a while, customers come in by mistake, people used to coffee shops or fast food, Patron said.
Source:The North Africa Journal
November 22, 2024 21:27 UTC
How to watch: WSX TV schedule revealed – GateDrop.com
Facebook Twitter WhatsApp Messenger EmailThe FIM World Supercross Championship (WSX) has announced its full broadcast roster for the 2024 season. A combination of FUEL TV and FIM MOTO TV will facilitate worldwide coverage with DAZN also broadcasting globally and completely free-to-air. You also watch live on FIM TV. USA & Australia) DAZN Live & Highlights (Free-To-Air) Global (excl. USA & Australia) FUEL TV Live & Highlights Global (excl.
Source:The North Africa Journal
November 22, 2024 21:22 UTC
Tunisia Oil & Gas Output Falls To New Record Lows
*Tunisia’s crude and condensate output fell to a new multi-decade low of 26,400 b/d for 3Q 2024. This is exactly half decade-ago levels (3Q 2014 was 53,000 b/d). Output has been on a consistent downward trend since hitting its 21st century peak of 99,000 b/d in 2007. The all-time high of 118,000 b/d was hit in 1980. *Previous lows of 30,000 b/d plumbed in 2017 and 28,000 b/d in 2020 were linked to country-wide strikes (MEES, 2 June 2017) and Covid, respectively.
Source:The North Africa Journal
November 22, 2024 19:24 UTC
Video: Investigators reveal what’s inside North Korean missiles after deadly strike
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Source:The North Africa Journal
November 22, 2024 18:38 UTC
ECA Examines Impact of Climate Change on Employment in North Africa
Rabat, 22 November 2024 (ECA) – The office for North Africa of the UN Economic Commission for Africa will hold on Monday 25 November 2024, a webinar on “The Challenges and Impact of Climate Change on Employment in North Africa.”The webinar aims to discuss the effects of climate change on employment in the sub-region, explore challenges in creating climate-resilient jobs and industries, and identify priority sectors for investment. Solar and wind energy projects in North Africa currently have the potential to generate thousands of jobs. However, their positive impact risks being offset by widespread job losses in sectors highly vulnerable to climate change such as agriculture or tourism. EVENT: “The Challenges and Impact of Climate Change on Employment in North Africa” (webinar)DATE: Monday 25 Novembre 2024, from 10:00 to 12:30 (GMT+1)LIEU: Online. WORKING LANGUAGES: English and FrenchNote to editors:For more information and interview requests, please send an email to filali-ansary@un.org
Source:The North Africa Journal
November 22, 2024 18:09 UTC
Panama suspends diplomatic ties with self-proclaimed ‘sadr’ – The North Africa Post
In line with the international law, Panama has cut all ties with the self-proclaimed Polisario entity, SADR, the country’s foreign ministry said in a statement. “The Republic of Panama, prioritizing national interests and adhering to the core principles of its foreign policy, reaffirms its commitment to the objectives and values that underpin multilateralism. Panama “reiterates its commitment to dialogue and multilateral cooperation, in full compliance with a constructive foreign policy aimed at strengthening international peace and security,” the statement added. Panama is thus the latest in a series of Latin American countries that retracted recognition of the Polisario. Ecuador has also cut ties with the Polisario and the Brazilian ruling party urged the government to back the autonomy plan.
Source:The North Africa Journal
November 22, 2024 16:52 UTC
Mali appoints Abdoulaye Maiga new Prime Minister – The North Africa Post
The military rulers in Mali appointed spokesman Abdoulaye Maiga new prime minister, succeeding Choguel Kokalla Maïga. Choguel Maiga was replaced after he criticized the military regime in Bamako for failing to organize elections by March 2024 as promised. The military authorities have named loyalist Gen Abdoulaye Maïga (no relation) as the new prime minister. He briefly occupied the post in 2022, when the dismissed Choguel Maïga was hospitalized. The new prime minister was not among the military officials who seized power in 2020, but he subsequently joined them and has since been seen as one of Gen Goïta’s loyalists.
Source:The North Africa Journal
November 22, 2024 16:31 UTC
Russia gives North Korea a million barrels of oil, report finds
North Korea is the only country in the world not allowed to buy oil on the open market. The first oil transfer documented by the Open Source Centre in a new report, was on 7 March 2024, seven months after it first emerged Pyongyang was sending Moscow weapons. Easy and cheap oil supplyWhile most people in North Korea rely on coal for their daily lives, oil is essential for running the country’s military. “A million barrels is nothing for a large oil producer like Russia to release, but it is a substantial amount for North Korea to receive,” Dr Go adds. “The vessels appear silently, almost every week,” says Joe Byrne, the researcher from the Open Source Centre.
Source:The North Africa Journal
November 22, 2024 15:59 UTC
Last chance: Update your prepaid meter or face disconnection
South Africans who have not yet recoded or updated their prepaid meters have less than 48 hours to do so. This will mean the prepaid meters will stop dispensing electricity after the existing credit is used up, thus making the meter inactive. Eskom stated that all prepaid meters must be recorded, whether you are an Eskom customer or a municipally supplied customer. To check whether your prepaid electricity meter has been recoded/upgraded to KRN2 or is still on KRN1, please enter the code 1844 6744 0738 4377 2416 on your prepaid meter’s keypad. Remember to recode your electricity meter before 24 NovemberCity of Cape Town prepaid customers are safe as meter updates have been completedIn Cape Town, the City of Cape Town prepaid electricity meter updates have been completed ahead of the National Prepaid Meter Software Update deadline, and City-supplied customers are not impacted by the deadline.
Source:The North Africa Journal
November 22, 2024 15:48 UTC
Bruno Delamarre Named Senior VP for Noventiq in MEA
Noventiq, a global digital transformation and cybersecurity solutions and services provider, is delighted to announce the appointment of Bruno Delamarre as new Senior Vice President for the Middle East and Africa. Bruno has been collaborating with Noventiq for the past two years as an external senior consultant to support the company’s operations. Herve Tessler, CEO of Noventiq, commented: “We are thrilled to welcome Bruno to the Noventiq family as our Senior Vice President for the Middle East and Africa. Bruno Delamarre, Senior Vice President for the Middle East and Africa of Noventiq, comments: “I am incredibly honored to join Noventiq as Senior Vice President for the Middle East and Africa. I look forward to leading a talented team and working collaboratively to unlock new opportunities and exceed expectations in the Middle East and Africa.”
Source:The North Africa Journal
November 22, 2024 15:43 UTC
GLOBAL MARKET OVERVIEW TOMATOES
South Africa is transitioning in tomato supply from the North to the South with low volumes that are set to increase in December. In the Netherlands, 70% of the winter production consists of vine tomatoes, while the remaining 30% includes cherry tomatoes and other smaller varieties. Dutch production, on the other hand, does not meet expectations due to poor quality and is therefore not welcome. On pricing, roma tomatoes are in the mid-$20; round tomatoes are slightly higher; greenhouse tomatoes have a wider range in pricing. European demand is still weak, according to one Moroccan exporter, which reduces prices for tomatoes on the export market as well as on the local market.
Source:The North Africa Journal
November 22, 2024 15:25 UTC
North African longs exporters mainly sold out until Jan, Russian and Chinese most aggressive
The following successive steps shall be taken in order to establish a free trial:- The Customer selects the "Free Trial" option on the home page at https://www.steelorbis.com. - The Customer provides all information requested in the "Free Trial Application" form displayed on the screen and confirms it. - SteelOrbis sends an account activation e-mail to the e-mail address of the Customer provided in the application form. The website Membership Contract is presented to the Customer during the account activation process. Storage of the Membership Contract:You can either save the Membership Contract on your computer or make print-outs of it for storage.
Source:The North Africa Journal
November 22, 2024 15:25 UTC