UPDATE 2-Egypt bets big with historic 3.8 million metric ton wheat tender
CAIRO, Aug 6 (Reuters) – Egypt’s state grains buyer, the General Authority for Supply Commodities, announced on Tuesday a massive tender for 3.8 million metric tons of wheat to cover imports between October 2024 and April 2025, its largest ever according to traders. Egypt has been one of the world’s largest wheat importers, mainly to provide subsidised bread for tens of millions of its people. GASC alone imports some 5.5 million metric tons of wheat annually for bread subsidies.
Source:The North Africa Journal
August 07, 2024 03:20 UTC
China's EV players chart course for Morocco amid subsidy squeeze
Li Changlin, China's ambassador to Morocco, claims his country's investment in the North African nation's EV and new energy sectors has "exploded." The Tangier tech hub, another project, will host hundreds of Chinese companies. In addition to bypassing duties, setting up manufacturing facilities in Morocco offers Chinese companies another benefit: tax breaks. Morocco's free-trade deal with the EU allows Chinese companies to bypass tariffs from the trade bloc. It aims to become a key player in global battery minerals production and processing transformation, with major EV battery plants already announced.
Source:The North Africa Journal
August 07, 2024 02:40 UTC
Highway 395 to close north of Bridgeport for construction
State Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota Mississippi Missouri Montana Nebraska Nevada New Hampshire New Jersey New Mexico New York North Carolina North Dakota Ohio Oklahoma Oregon Pennsylvania Rhode Island South Carolina South Dakota Tennessee Texas Utah Vermont Virginia Washington Washington D.C. West Virginia Wisconsin Wyoming Puerto Rico US Virgin Islands Armed Forces Americas Armed Forces Pacific Armed Forces Europe Northern Mariana Islands Marshall Islands American Samoa Federated States of Micronesia Guam Palau Alberta, Canada British Columbia, Canada Manitoba, Canada New Brunswick, Canada Newfoundland, Canada Nova Scotia, Canada Northwest Territories, Canada Nunavut, Canada Ontario, Canada Prince Edward Island, Canada Quebec, Canada Saskatchewan, Canada Yukon Territory, CanadaZip Code
Source:The North Africa Journal
August 07, 2024 02:39 UTC
MENA Construction & Infrastructure Projects Market Report 2024: Historical, Current and Future Contract Awards, by Country and Subsector - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "MENA Construction & Infrastructure Projects Market 2024" report has been added to ResearchAndMarkets.com's offering. The MENA Construction & Infrastructure Projects Market 2024 report is a comprehensive analysis of sector trends, project opportunities, and challenges in the MENA region. It examines specific project opportunities and tenders in each country, historical, current and future contract awards, and highlights the top contractors and clients. It examines specific project opportunities and tenders in each country, historical, current and future contract awards, and highlights the top contractors and clients. Construction Project Momentum Index (CPMI)Definition & Global ScoreRegional ScoresCPMI Scores of Major Regional Markets, January 2024CPMI Scores of MENA Region, January 2024CPMI Scores - MENA Region, by StageCPMI Scores - MENA Region, by SectorCPMI Scores - MENA Region, by Country / Major Markets6.
Source:The North Africa Journal
August 07, 2024 02:06 UTC
Torrential rains kill 17 in war-torn northern Sudan
Heavy rains have triggered building collapses that have killed 17 people in northern Sudan, as the country reels from almost 16 months of fighting between rival security forces, a medic told AFP on Tuesday. About 11,500 homes have collapsed, the state's infrastructure minister Samir Saad told reporters Tuesday, and at least 170 people have been injured. Each year in August, peak flow on the Nile River is accompanied by torrential rains, destroying homes, wrecking infrastructure and claiming lives, both directly and indirectly through water-borne diseases. Last week, a flash flood caused the deaths of five people in Port Sudan, on the Red Sea coast. Since July 7, torrential rains and flooding have killed more than 30 people across the country, Sudan's federal emergency operations center said Tuesday.
Source:The North Africa Journal
August 07, 2024 00:26 UTC
Finland backs Moroccan autonomy plan for Sahara in an international momentum on the move – The North Africa Post
Finland became the latest country and the first Nordic country to formally support the autonomy proposal under Moroccan sovereignty as a solution to the Sahara conflict. Finland’s new position is a state position, involving all spheres of the state, within the executive and legislative branches. Finland’s support for the autonomy plan is part of an international momentum in favor of a solution to the Sahara conflict within the framework of Morocco’s sovereignty. It is also part of the momentum within the European Union, Finland becoming the 17th EU member state to support autonomy under Moroccan sovereignty. In the joint statement, Finland also stressed that as a stable country, under the leadership of King Mohammed VI, Morocco has reinforced its position as a key regional player.
Source:The North Africa Journal
August 06, 2024 17:02 UTC
Tunisian opposition figure Moussi is sentenced to prison amid crackdown ahead of October election
TUNIS, Tunisia — A potential presidential candidate in Tunisia has been sentenced to two years in prison, marking another setback to the country’s fledgling opposition challenging President Kais Saied as he seeks a new term. Following a complaint by the North African nation’s election authority, she was found guilty of violating a controversial anti-fake news decree outlawing spreading information that slanders or harms others. Moussi’s lawyer Nafaa Laribi told The Associated Press on Tuesday that she still intends to run in the Oct. 6 presidential election, and that, unlike other candidates, nothing in Monday’s sentence prevents her from running. The sentence is the latest in a growing crackdown that observers have said is politically motivated against Saied’s critics, regardless of political affiliation. With Moussi and other leading opposition figures in prison, Saied is expected to face little election competition in what was once the Middle East and North Africa’s most progressive democracy.
Source:The North Africa Journal
August 06, 2024 16:41 UTC
Dozens rescued off Greece’s southwest coast
A passing Maltese-flagged cargo ship found the boat 112 nautical miles southwest of the town of Pylos in the early hours of Tuesday, the coast guard said. Many attempt to make the short crossing from the Turkish coast to nearby eastern Greek islands in small dinghies. The Greek coast guard came under intense criticism for its actions concerning the Adriana, which had been sailing in international waters but within Greece’s area of responsibility for search and rescue operations. A coast guard patrol boat and several merchant ships had been shadowing the Adriana for hours when it sank, but were unable to evacuate the passengers and prevent the massive loss of life. Survivors have said the Adriana went down during a botched coast guard attempt to tow it, which Greek officials strongly deny.
Source:The North Africa Journal
August 06, 2024 16:25 UTC
Fitch downgrades Kenya after protests – The North Africa Post
Fitch Ratings has lowered Kenya’s credit rating from “B” to “B-”, pointing to increased risks to the nation’s finances after the government retracted planned tax measures due to public protests. The Kenyan government, yielding to demonstrators, scrapped a tax proposal intended to generate an additional $2.7 billion in revenue, a move initially advised by the IMF to correct fiscal disparities. Fitch warns of the ongoing threat of social unrest, which could hinder efforts to stabilize the economy. Kenya faces hurdles in obtaining foreign loans, exacerbated by high interest rates and diminished foreign reserves. Moody’s had previously reduced Kenya’s rating, and S&P is expected to announce its decision on August 23.
Source:The North Africa Journal
August 06, 2024 16:16 UTC
3 Cheap Ethereum (ETH) and Solana (SOL) Tokens to Turn $100 to $10,000 in 2024
With that in mind, three Ethereum (ETH) and Solana (SOL) tokens RCO Finance (RCOF), Pepe (PEPE), and Render (RENDER) tokens stand out as promising choices for 2024. Render (RENDER) Down But Investors Bullish After Recent RebrandingRender (RENDER), formerly known as Render (RNDR), recently completed a significant rebranding and token swap. Comparing RCOF, RENDER, and PEPE Value PropositionWhen evaluating RCO Finance (RCOF), PEPE, and Render (RENDER), RCO Finance emerges as the most promising investment for 2024. For investors looking to maximize their returns and capitalize on the potential for high growth, RCO Finance stands out as the best option to turn $100 into $10,000 in 2024. For more information about the RCO Finance Presale:Visit RCO Finance PresaleJoin The RCO Finance Community
Source:The North Africa Journal
August 06, 2024 15:58 UTC
FDA, AAFCO to dissolve partnership on animal feed ingredients approvals
MOU 225-07-7001, which outlines the two organizations’ responsibilities for defining animal feed ingredients, has been in place for 17 years. “AAFCO believes that its ingredient definition process has been a shining example of successful collaboration and partnership between states and the federal government,” said Austin Therrell, executive director of AAFCO. AAFCO investigators require roughly 30 days to prepare ingredient definition requests for the FDA, so AAFCO will stop accepting requests on September 1 in order to submit all definition requests prior to the October 1 expiration. AAFCO and the FDA are independently working on plans that will provide a seamless transition and continue to support the U.S. animal food industry. The FDA is also evaluating its animal food ingredient review authorities and processes to determine if changes are needed to better serve public health and ensure new ingredients have a predictable path to market.
Source:The North Africa Journal
August 06, 2024 15:50 UTC
Solar PV project for Uganda to build out energy mix
Once commissioned, it will be the first and largest utility-scale grid-connected solar PV project in the West Nile Region of Uganda. Solar PV part of Uganda Vision to diversify energy generation mixThe 24MWp Solar PV project is being implemented by Ituka West Nile Uganda Limited, a company registered in Uganda and fully owned by AMEA Power. The country’s energy vision is designed to expand generation capacity and reduce dependence on hydropower by diversifying its energy generation mix. The GIZ says solar energy in Uganda has the highest adoption rate among all renewable energy options. Current solar data shows solar energy is high throughout the year with a variation (minimum month/ maximum month) of only about 20% maximum.
Source:The North Africa Journal
August 06, 2024 15:48 UTC
A New Dam Inaugurated in Adi-Neamin
A new dam with a capacity of holding 147,000 cubic meters of water was inaugurated on 3 August in the Adi-Neamin administrative area, Logo-Anseba subzone. Built at a cost of about 15 million Nakfa, the dam is expected to alleviate water supply problems for both humans and livestock in the area. Mr. Kahsai Amleson, administrator of the Adi-Neamin administrative area, stated that the dam will not only ensure water supply for humans and livestock but also will significantly contribute to irrigation farming in the area. Ambassador Mahmud went on to say that the construction of the remaining three dams is in the final stages. Adi-Neamin is one of the 13 administrative areas in the Logo-Anseba sub-zone and is located 16 km north of Mekerka.
Source:The North Africa Journal
August 06, 2024 15:19 UTC
Youthquake in the Middle East and North Africa
His success story reflects the innovative spirit prevalent among the youth in the Middle East and North Africa—and his startup is already showing significant growth. Radhi’s achievements are emblematic of a broader demographic shift sweeping across the Middle East and North Africa, known as MENA. This period of high fertility, coupled with improved child survival rates, resulted in a substantial youth population by the turn of the century. According to the International Labor Organization, the youth unemployment rate in the region is projected to be 25.5% in 2024, more than three times higher than the adult unemployment rate, and significantly above the global youth unemployment rate. This led to a compound effect: a large number of potential parents coupled with a higher fertility rate.
Source:The North Africa Journal
August 06, 2024 15:18 UTC
Nisha Dahiya's coach accuses North Korea of 'sending instruction to intentionally hurt' wrestler, robbing Olympics medal
Indian wrestler Nisha Dahiya stood on the verge of assuring the nation a fourth medal at the Paris Olympics after she made a stupendous start to her campaign in the 68kg freestyle category. However, Nisha incurred a freak injury on her arm and hand, resulting in her dream of winning an Olympic medal being shattered. North Korea’s Sol Gum Pak consoles India's Nisha Dahiya during the women’s 68kg quarterfinal match in the Olympic Games Paris 2024, on Monday. (Olympic Khel- X)Nisha quickly took an 8-1 lead against the North Korean wrestler, before the injury left her tearful and writhing in pain as she clutched her arm. The North Korean then went for a takedown with seven seconds on the clock and thus completed a 10-8 win to make the semis.
Source:The North Africa Journal
August 06, 2024 15:16 UTC