South Africa Confident Of U.S.Trade Status
South Africa’s Trade Minister Parks Tau has expressed confidence that his country will maintain preferential trade status with the U.S. Lawmakers have criticized South Africa for its relationship with Russia and its criticism of Israel in the Gaza conflict. Need to Step Up Engagement“I am confident that AGOA will continue and that South Africa will stay in AGOA,” Tau told media persons. In addition, U.S. trade officials said on Monday that they had positive discussions with the South African delegation. Joy Basu, U.S. State Department’s Deputy Assistant Secretary for African Affairs, said that South African partners have heard the concerns.
Source:The North Africa Journal
July 30, 2024 14:19 UTC
Steam turbines can support the energy transition in South Africa
As an example, steam turbines will soon be assisting Sappi Saiccor to generate 45MW of its own electricity. Steam turbine technology. Steam turbines – FAQsWhat does a steam turbine do? Coupled with a generator, steam turbines convert steam energy in steam into rotary motion which is then converted into electricity. Steam turbines have a higher thermal efficiency than gas turbines.
Source:The North Africa Journal
July 30, 2024 13:18 UTC
Tunisia signs agreements to progress six green hydrogen projects with nine European companies
Tunisian energy minister Fatima Thabet Chiboub chairs a meeting with senior executives from the foreign developers that signed the MoUs. Photo: Ministry of Industry, Mines and Energy, Tunisia
Source:The North Africa Journal
July 30, 2024 12:24 UTC
NewSpace Systems Announces Leadership Changes and Expansion
NewSpace Systems Announces Leadership Changes and Expansion | In In News | By By Mustapha IderawumiJames Barrington-Brown, NewSpace Systems Global Chairman. Source: NSSNewSpace Systems (NSS), a multinational manufacturer of spacecraft components and sub-systems, has announced significant leadership changes as part of its ongoing growth and expansion strategy. Tanya Lerm, NewSpace Systems CEO at the South African headquarters. Thus, interested candidates can explore open positions and join the team shaping the future of GNC products at NSS. About NewSpace SystemsNewSpace Systems (NSS) is a leading manufacturer of spacecraft components and subsystems, focusing on Guidance, Navigation, and Control (GNC) products.
Source:The North Africa Journal
July 30, 2024 12:13 UTC
Stellantis Pro One Market Share Leader in 3 Regions: Europe 30, South America and Middle East & Africa
AMSTERDAM – In the first half of 2024, Stellantis Pro One captured the top spot (vs. 2023) in Europe 30 (EU 30), South America and now the Middle East & Africa region. “Today’s results reflect the soundness of our commercial vehicles strategy,” said Xavier Peugeot, Stellantis Senior Vice President of Commercial Vehicles Business. 1 company in three regions, Stellantis Pro One and Stellantis’ brands recorded several other highlights in the first half of 2024, including:EU 30:Stellantis Pro One No. 1 in commercial vehicles with a 22.2% market share and with a 30.8% segment share in the van segmentFIAT No. 5 Ram; FIAT LCV brand leader with 39.7% market share; Ram Top 5 pickups with 7.3% market share led by RampageNorth America:Stellantis Pro One No.
Source:The North Africa Journal
July 30, 2024 12:03 UTC
Six intercontinental power links that want to reshape the world of energy
Six intercontinental power links that want to reshape the world of energyThe next generation of interconnectors will be not just international but intercontinental, with huge implications for renewable energy
Source:The North Africa Journal
July 30, 2024 12:01 UTC
King Mohammed VI turns Morocco into Africa’s first tourist destination – The North Africa Post
The tourism sector, in particular, made major leaps forward turning the country into Africa’s most popular tourist destination and one of the most competitive in the mediterranean region. In the first half this year, Morocco unseated Egypt by becoming Africa’s first tourist destination with 7.4 million visitors, letting tourism officials in the country express optimism to break a new record this year. By 2030, the year Morocco will co-host the World Cup together with Spain and Portugal, the country expects to attract 26 million tourists. This steady increase in arrivals translates into higher foreign currency inflow, with receipts in 2023 at a record $10.5 billion. Currently representing 7% of Morocco’s GDP, the expansion of the tourism sector will offer jobs to Moroccan youth with many more indirect jobs created in the catering, entertainment and other related sectors.
Source:The North Africa Journal
July 30, 2024 11:32 UTC
Ghana: Solar energy to provide electricity at three hospitals
Three hospitals in Ghana have been fitted with solar systems to ensure an uninterrupted electricity supply which is set to improve healthcare services. It was developed and implemented in partnership with Tradeworks Limited, a local solar energy company. Solar energy for hundreds of healthcare centres across DRC91 hospitals in Ghana have unpaid electricity billsIn March, the Ghana Ministry of Health confirmed to local media that it is in ongoing discussions with the Electricity Company of Ghana (ECG) aimed at resolving the outstanding debts owed by 91 hospitals. Hospitals in Ghana not exempt from being cut offLast year, Philip Agbezudor, the Public Utilities Regulations Commission (PURC) Regional Manager, said hospitals were not exempted from power and water disconnection. “By providing adequate, reliable, renewable electricity, mobile health facilities can operate over extended hours.
Source:The North Africa Journal
July 30, 2024 11:07 UTC
South Africa backs Juba’s push for ceasefire talks in Sudan
July 29, 2024 (JUBA)- South Sudan’s push for ceasefire talks among the rival factions involved in Sudan’s conflict has received support from South Africa. South Africa’s President Cyril Ramaphosa has vowed to work with his South Sudan counterpart, Salva Kiir to ensure peace and stability returns to Sudan. The South Sudanese Foreign Affairs minister, Ramadan Mohamed Abdallah Goch said Kiir continues to advocate for a peaceful settlement of Sudan’s war. The South Sudanese leader also briefed his South African counterpart on the progress made at the Tumaini peace initiative taking place in Nairobi, Kenya. The talks will include the African Union, Egypt, the United Arab Emirates (UAE), and the United Nations as observers.
Source:The North Africa Journal
July 30, 2024 10:26 UTC
Hapag Lloyd announces rate increase from India to Africa and Mediterranean
Hapag Lloyd announces rate increase from India to Africa and MediterraneanHapag Lloyd has announced increase in ocean freight rates from India, Pakistan to North Africa and the Mediterranean markets.
Source:The North Africa Journal
July 30, 2024 10:23 UTC
CoinDCX elevates Mridul Gupta to founding partner
Mridul Gupta said, “I firmly believe that crypto and web3 will go mainstream in the next 5 years and we are proudly leading this revolution across India and the Middle East. I am very excited for what lies ahead as we continue to innovate simple investment & trading platforms for retail users, build tailored solutions for institutions and create tools to explore Web3 for crypto enthusiasts. My vision is to transform CoinDCX as the most loved Crypto brand. I am thankful to Sumit, Neeraj and the entire CoinDCX team for their trust and support in me.”
Source:The North Africa Journal
July 30, 2024 09:14 UTC
Australia's foreign minister says Russia-North Korea defense deal is 'risky for the world'
SEOUL, South Korea — Australia’s foreign minister said Tuesday the recent defense deal between North Korea and Russia was “destabilizing” and “risky for the world,” after she visited the tense border village shared by North and South Korea on Tuesday. “I also want to say something about the security pact between North Korea and Russia. “We share great concerns about DPRK’s escalatory reactions, destabilizing actions,” she said, referring to North Korea by the acronym of its official name, the Democratic People’s Republic of Korea. Tensions on the Korean Peninsula have been running high in recent months, with North Korea flying trash-carrying balloons toward South Korea and continuing weapons tests. South Korea has responded by resuming anti-Pyongyang propaganda broadcasts and live-fire drills at border areas.
Source:The North Africa Journal
July 30, 2024 06:29 UTC
SLB OneSubsea and Subsea7 awarded integrated EPCI contract for bp's North Sea Murlach development
SLB announced that its OneSubsea™ joint venture and Subsea7 were awarded an integrated engineering, procurement, construction and installation (EPCI) contract by bp for the Murlach development (formerly Skua field), 240 kilometers east of Aberdeen in the UK North Sea. The Murlach project will include the first-ever implementation of SLB OneSubsea standard, configurable vertical monobore tree systems in the UK North Sea, which will be deployed by Subsea7 via vessel to reduce rig days. SLB OneSubsea will deliver two vertical monobore trees, a two-slot manifold, and associated topside controls. Fabrication of the pipelines will take place at Subsea7’s spoolbase at Vigra, Norway, and offshore operations are expected to be executed in 2025. Olivier Blaringhem, Chief Executive Officer, Subsea Integration Alliance, said: “Subsea Integration Alliance now has three fully integrated EPCI projects with bp, and this UK project is an important milestone as it expands our EPCI collaboration into the UK North Sea market.”
Source:The North Africa Journal
July 30, 2024 05:50 UTC
Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem 2024
Baby steps have been taken towards greater gender diversity within the African tech startup ecosystem, but much more needs to be done if anything close to parity is to be achieved, according to a new report released by Disrupt Africa. Since launching its research arm in 2016, Disrupt Africa has built up a significant portfolio of publications, most notably the African Tech Startups Funding Report, Finnovating for Africa, and deep-dives into various leading startup ecosystems, available free for all via open-sourcing initiatives with various partners across the continent’s tech ecosystem. Its latest report, the company’s 24th in total, is the second edition of “Diversity Dividend: Exploring Gender Equality in the African Tech Ecosystem”, Disrupt Africa’s annual deep-dive into the state of gender diversity in the African startup and venture capital ecosystems. Of 2,600 African tech startups studied for the purposes of the publication, just 17.3 per cent had at least one female co-founder, and 11.1 per cent had a female CEO. The percentage of total African tech funding raised by ventures with at least one female co-founder increased to 16.6 per cent in 2023 from 9.3 per cent in 2022.
Source:The North Africa Journal
July 30, 2024 05:23 UTC
Morocco : Despite being in prison, Abdenbi Bioui wins million-dollar road contract
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Source:The North Africa Journal
July 30, 2024 04:44 UTC