Senegal holds legislative elections with key reforms at stake – The North Africa Post
The Senegalese have voted on Sunday in parliamentary elections that will determine if President Faye can carry on with an ambitious reform agenda. Pools closed the same day with results yet to be announced for the 165-seat parliament, where Faye does not have majority. Faye, who achieved victory in March’s presidential election, dissolved parliament in September after opposition resistance hindered his government’s initiatives. His announced reforms have unsettled some investors who fear Senegal would review some international contracts with gas firms and other extractive businesses. In September, he dissolved the opposition-led parliament, paving the way for a snap legislative election.
Source:The North Africa Journal
November 18, 2024 11:59 UTC
Gabon adopts new constitution with landslide vote – The North Africa Post
More than a year after the military coup, the Gabonese people adopted a new constitution by 91.8% of the votes, with a turnout of approximately 53.5%, Gabon’s interior ministry announced. The adoption of the new constitution is expected to pave the way for elections and a return to civilian governance. The new constitution imposes a seven-year presidential term, renewable only once, replacing the previous system that allowed unlimited five-year terms. The role of the prime minister has been abolished, and a new position of “Vice President of the Government” has been introduced. It also emphasizes the importance of strategic metals necessary for energy transition and industrial sovereignty.
Source:The North Africa Journal
November 18, 2024 11:59 UTC
Slaughter and May is advising Cathay Pacific Airways Limited on its proposed repurchase of convertible bonds
Slaughter and May is advising Cathay Pacific Airways Limited on its proposed repurchase of the 2.75% guaranteed convertible bonds due 2026 issued by Cathay Pacific Finance III Limited in a total outstanding principal amount of HK$6,732,000,000, including on its successful application to the Securities and Futures Commission of Hong Kong for a waiver from compliance with the provisions of the Code on Share Buy-backs. Cathay is listed on the Hong Kong Stock Exchange (stock code: 293) and one of its principal business activities is the operation of scheduled airline services.
Source:The North Africa Journal
November 18, 2024 11:00 UTC
Global campaign to accelerate Africa’s renewable energy projects
A new global campaign to mobilise investments for accelerating renewable energy projects in Africa has been launched. The campaign is designed to rally public and private investors to speed up renewable energy projects across Africa, provide people with affordable energy and cut global emissions. Clean energy investment in AfricaThe International Energy Agency’s policy support will be crucial to the campaign’s coordination with the global advocacy group Global Citizen. Europe has been investing massively in renewable energy projects in Africa with Global Gateway. “A mass rollout of renewable energy across our continent would enable many countries to propel their economies along a clean energy development path.
Source:The North Africa Journal
November 18, 2024 09:33 UTC
Why Europe’s Migration Crisis Starts in Africa
Europe can’t solve its migration crisis without tackling Africa’s poverty and instability at the source. Most of the focus was on Africa, particularly Sub-Saharan Africa, which was to receive $165 billion in development aid. Sachs argues that, in order to grow, poor countries need foreign aid to plug their domestic-savings gap. While Sachs suggests that governance is poor because the countries are poor, Collier says it is the other way around. If mass starvation in Africa cannot be overcome, nor will Europe’s struggles with immigration.
Source:The North Africa Journal
November 18, 2024 09:26 UTC
Best New Coin To Buy For Anyone Looking To Invest In Digital Currencies Now
After skyrocketing to $93k per coin this Wednesday, Bitcoin suffered a price rejection that took it back to the mid-$80k range. But, while Bitcoin is pushing against a major barrier, investors are looking into alternatives that could provide more promising investments. The trick is to invest in digital currencies that have high potential, and Pepe Unchained (PEPU) might be just the coin to buy right now. Not only that, but it is also building an entire ecosystem of its own, which is unlikely to rival Ethereum, but is more than good enough to overshadow Pepe (PEPE). BUY PEPU BEFORE ITS PRICE SKYROCKETSAt least, this is what experts predict, with many saying that PEPU could be at least 10x crypto.
Source:The North Africa Journal
November 18, 2024 07:33 UTC
Arla Foods makes bid for food and beverage company in Egypt
Arla Foods has made a non-binding offer for the majority of the shares in the Arabian Food Industries Company (Domty), a listed company with approx. The non-binding offer is subject to satisfactory due diligence, definitive documentation, corporate and regulatory approval. We are now looking at the details before deciding whether to proceed with purchasing the business,” says Kim Villadsen, SVP for MENA in Arla Foods. Arla Foods has a long-standing and strong presence in the Middle East and North Africa, which is the company's largest commercial area outside of Europe. Arla Foods has no further comments on the offer.
Source:The North Africa Journal
November 18, 2024 05:00 UTC
Beyond 2024: Trends To Watch
In the last several decades, the world population has undergone farreaching evolution. The world population reached 8 billion in November 2022. The workforce is turning silverAs the world population ages, so does the workforce. This measures the number of elderly people relative to those of working age and its evolution, broadly speaking, depends on mortality rates, birth rates and migration. Latin America and the Caribbean have seen their birth rates halve over the past seventy years.
Source:The North Africa Journal
November 18, 2024 03:08 UTC
Daybreak Africa: Extremist Congo rebels kill at least 13, kidnap scores in North Kivu
At least 13 people were killed and others kidnapped in eastern Congo by extremist rebels linked to the Islamic State group, local authorities said Saturday. A Gabonese activist will explain why he voted ‘no’ in the weekend constitutional referendum. World marks Cervical Cancer Action Day with the disease threatening vulnerable groups. South African police set up a taskforce to rescue trapped illegal miner. For these and more tune in to Daybreak Africa!
Source:The North Africa Journal
November 18, 2024 03:05 UTC
Extinction of slender-billed curlew ‘most devastating in a century’
A species of curlew that was found in mainland Europe, north Africa and west Asia has become the first bird in the regions to become extinct globally. Conservationists said the loss of the slender-billed curlew was one of the “most devastating losses in a century”. Birds have gone extinct locally in the three regions, but this is the first global extinction from those areas, with none found anywhere in the world. The species, Numenius tenuirostris, was last incontrovertibly seen in Morocco about three decades ago. The slender-billed curlew, a shorebird, bred in western Siberia and wintered in the MediterraneanBut researchers at the Natural History Museum, the RSPB and other expert groups have now concluded there is a 96 per cent chance it is extinct.
Source:The North Africa Journal
November 18, 2024 02:36 UTC
MTN Group selects IP Infusion, NEC XON as suppliers for Open and Disaggregated Networking – Intelligent CIO Africa
IP Infusion, a global provider in open networking solutions, announced that MTN Group, Africa’s largest mobile network operator, has selected several organisations, including IP Infusion, to service its newly formed Open and Disaggregated Networking Category – Software. IP Infusion manufactures open network software and solutions for carriers, service providers, and data centres. MTN Group selected IP Infusion as a software provider for the Open Transport and Disaggregated category following a successful Request for Proposal process. “We are 100% committed to servicing the open networking market, as it is a core value of our founding. IP Infusion is headquartered in Santa Clara, and is a wholly owned and independently operated subsidiary of ACCESS CO.
Source:The North Africa Journal
November 18, 2024 00:40 UTC
Europe Bio Plasticizers Market Size & Outlook, 2030
Europe bio plasticizers market highlights The Europe bio plasticizers market generated a revenue of USD 702.2 million in 2023. In terms of segment, epoxidized soybean oil (esbo) was the largest revenue generating product in 2023. Castor oil-based plasticizers is the most lucrative product segment registering the fastest growth during the forecast period. Epoxidized soybean oil (esbo) was the largest segment with a revenue share of 35.84% in 2023. Horizon Databook has segmented the Europe bio plasticizers market based on epoxidized soybean oil (esbo), castor oil-based plasticizers, citrates, succinic acid, other products covering the revenue growth of each sub-segment from 2018 to 2030.
Source:The North Africa Journal
November 17, 2024 23:53 UTC
World March of Women condemns death sentence against Kurdish activist Warisha Moradi
Kurdish activist Warisha Moradi, a member of the Eastern Kurdistan Free Women's Community (KJAR), has been in Iranian custody since August last year and is currently being held in the women's section of Tehran's notorious Evin Prison. The reason given for the sentence is the 38-year-old Kurdish woman's membership of KJAR, the umbrella organisation of the Kurdish women's movement in East Kurdistan and Iran. To remind, Warisha Moradi is a brave feminist activist in the field of defending women's rights, which Iran considers a threat to its oppressive Islamic regime. We, the North Africa and Middle East region of the World March of Women, denounce these policies that manipulate the fate of women and children, making them fuel for wars and conflicts. We will continue to struggle to stop these crimes, protect women's rights, and stand against anyone who seeks to extinguish the voice of free women.”
Source:The North Africa Journal
November 17, 2024 22:48 UTC
Dogecoin Surges 111% in a Week as Investors Double Down on Coins with High Returns
The world’s oldest meme coin hit a resistance at $0.40, and while it made several attempts in the last two days to breach this barrier, its attempts have been largely unsuccessful. On the other hand, there is Crypto All-Stars (STARS) — a project that aims to revolutionize meme coin staking through its new product known as MemeVault. Being the first multi-coin staking smart contract, MemeVault could make Crypto All-Stars into a center of meme coin staking. However, more meme coins will be supported after the project sees launch. You can still join and buy STARS for only $0.0015618 apiece, using ETH, USDT, BNB, DOGE, SHIB, PEPE, FLOKI, or credit/debit cards.
Source:The North Africa Journal
November 17, 2024 17:22 UTC
FreeDum Fighters ICO Explodes As Elon Musk Shares Plans For D.O.G.E.
FreeDum Fighters (DUM) emerged several weeks ago as a highly popular project from the newly formed PolitiFi sector. Specifically, if one of the two had a greater number of supporters, the other would provide greater staking rewards. So, with MAGATRON’s pool winning the majority of votes, its staking rewards were lower than those of KAMACOP. The project particularly started attracting attention after Trump shared plans to introduce a new Department For Government Efficiency, or D.O.G.E. BUY DUM BEFORE ITS NEXT PRICE BOOSTThe project has already sold over 9.08 billion DUM tokens, each of which is valued at only $0.00008.
Source:The North Africa Journal
November 17, 2024 17:22 UTC