Metals and mining prices
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Source:The North Africa Journal
August 04, 2022 10:34 UTC
Global Military Armoured Vehicles Market and Technology Forecast Report 2022-2030: APCs and IFVs are Expected to be the Two Main Sub-Segments with the Largest Value - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Military Armoured Vehicles - Market and Technology Forecast to 2030" report has been added to ResearchAndMarkets.com's offering. The military armoured vehicles market is estimated to be valued up to US$21 billion in the 2022-2030 period, growing with a CAGR of 1%APCs and IFVs are expected to be the two main sub-segments with the largest value with the European market being the biggest in size, but with the US growing faster than the rest. The report presents and analyses the technological developments and, how they will impact force structures. It also forecasts the market size to 2030 and shows the dynamic in the market. Military armoured vehicles will continue to be the centrepiece of land warfare in spite of the developments in sensors and anti-tank guided missiles, as well as the proliferation of RPGs.
Source:The North Africa Journal
August 04, 2022 09:33 UTC
Egyptian Web3-focused venture studio Qurious Labs raises funding
Egyptian Web3-focused venture studio Qurious Labs has raised funding from Openner as it bids to back bold entrepreneurs in the MENA region building Web3 companies that utilise blockchain, digital currencies, NFTs, and gaming to explore the Metaverse. By combining the incentive structure of a co-founder, the resources of a development agency, and the network of a venture fund, Qurious Labs is able to work with Web3 creatives and technologists who have extremely limited resources and launch world class products with them. “We deeply believe that Web3 will have the biggest impact on society and business since the introduction of the internet,” said studio director Ahmed El Wassimy. “Web3 is the golden age for creators and artists,” said Kareem Karam, venture architect at Qurious Labs. “We believe that Qurious Labs is well positioned and resourced to unlock that potential and prioritise the development of world-class, decentralised digital infrastructure for communities everywhere,” he said.
Source:The North Africa Journal
August 04, 2022 09:26 UTC
Opportunities and roadblocks in Africa’s nascent HR tech space
Getihu would operate in the B2B SaaS space, and the firm’s first investment was in Hi5, a South African venture operating in the unheralded human resources (HR) space. It remains one of relatively few active investors in the sector, with Paterson citing huge opportunities but also many roadblocks. A veteran of the sector, he sees a huge opportunity for HR tech in a post-COVID world. “At Hi5 we still have most of our clients signing up from the US and Europe as opposed to South Africa. “Demand comes from SME tech companies, and there are still not enough of these SME tech companies in Africa to drive the demand like developed markets,” he said.
Source:The North Africa Journal
August 04, 2022 08:23 UTC
Dubai BNPL firm Tabby secures $150m debt financing
Dubai-based paytech Tabby has secured $150 million in debt financing from Atalaya Capital Management and existing investor Partners for Growth. The new debt commitment follows Tabby’s $54 million Series B extension in March this year. The firm adds that it has grown 10x in revenue, 8x in active customers and 3x in active retail partners in the first half of 2022, compared to the same period last year. Tabby was founded in 2019 and provides buy now, pay later (BNPL) services to customers “without the interest, fees or debt traps”. It claims to have more than two million active users in Saudi Arabia, UAE, Egypt and Kuwait.
Source:The North Africa Journal
August 04, 2022 08:17 UTC
Getting Grain Out of Ukraine Is Literally a Minefield
Consider the frightening situation faced by masters of merchant ships like the Sierra Leone-flagged Razoni, which on Monday sailed out of Odesa headed for Lebanon with 27,000 tons of corn. On both Navy warships and merchant vessels, the first and best defense is good intelligence. The Razoni was escorted by a Ukrainian vessel that would have had exact locations of the mines Ukraine’s navy had laid. In 2021, the UK agreed to provide the Ukrainian navy with two such ships, but the war interrupted that plan. These unfamiliar procedures will be going through the mind of any merchant ship’s master, as his knuckles go white squeezing the bridge railings.
Source:The North Africa Journal
August 04, 2022 08:06 UTC
Procurement Advantages for Business Partners as Exclusive Networks Africa Maintains B-BBEE Level 1 Rating
Exclusive Networks Africa has maintained its certification as a Broad-Based Black Economic Empowerment (B-BBEE) Level 1 contributor, allowing it to pass on a preferential procurement rating, in turn, of 135 percent to its business partners. “Exclusive Networks is making a serious investment in its African part of the business, focusing on people both within the company as well as externally,” he says. “It is this outlook on the critical role of education in moving our country forward which led, in part, to our partnership with The Love Trust, our B-BBEE partner since 2018,” he explains. Our relationship with The Love Trust allows us to continue with the ongoing educational upliftment of vulnerable communities.”The Love Trust, founded in 2009, is a South African non-profit educational organisation which has, to date, reached over 20,000 primary and secondary beneficiaries in disadvantaged communities. “The agreement with The Love Trust has permitted us to play our part in true empowerment by the upliftment of young people and teachers in disadvantaged communities,” says Jacobsz.
Source:The North Africa Journal
August 04, 2022 06:35 UTC
Leading expert warns North Korea's development of nuclear missiles looks 'unstoppable'
North Korea's nuclear missile program looks "unstoppable," and its progress is "faster" than US missile defense program developments, according to a leading North Korea expert. "The United States is expanding and modernizing their missiles and augmenting and supplementing their missile defense system," Cha said. "But I would argue that North Korea's progress on their programs is moving faster than our modernization of our missile defense systems." US missile defense systems are capable of defending against traditional ballistic missile threats in limited quantities, but more complex systems, such as missiles equipped with countermeasures or hypersonic missiles, may pose a greater challenge. Last week, a North Korean official warned that the US and South Korea would face "unprecedented" security challenges and "undesirable" consequences if they do not stop their "military confrontation."
Source:The North Africa Journal
August 04, 2022 05:56 UTC
Africa’s first global climate investor roadshow ahead of COP 27 held in Ethiopia – The North Africa Post
The UN Under-Secretary-General and Executive Secretary of the Economic Commission for Africa (ECA), Vera Songwe alongside African finance and trade ministers are amongst the stakeholders taking part in the forum in Addis Ababa. ”Africa COP is not just a COP where we go and meet and talk, but that it has to be a club that delivers,“ Songwe said. “We’re looking at this COP being really the clarion call, the wake up post-COVID recovery. We’re all going to be in a different economic setting. The ministers also discussed the African Trade Exchange Platform highlighting the need for fertilizers across Africa, especially since the continent has been heavily impacted by Covid-19, the Ukraine conflict and rising food prices.
Source:The North Africa Journal
August 04, 2022 05:52 UTC
Stronger monkeypox response needed in both the global North and Africa
According to its latest situation report, dated 2 August, WHO has received reports of 23,351 laboratory confirmed monkeypox cases worldwide, resulting in eight deaths. traditional risk factors Risk factors for a disease which are well established from studies in the general population. Dr Marina Klein of McGill University in Montreal described the local monkeypox response, which has exceeded that of many other countries. The protesters demanded that the global monkeypox response prioritises vulnerable populations and communities and called for funding and support for people who need to isolate. But, they emphasised, increased funding for the monkeypox response must not jeopardise responses to HIV, tuberculosis, hepatitis C and sexually transmitted infections.
Source:The North Africa Journal
August 04, 2022 02:43 UTC
Broadcast Guide: Lipovitan-V Rugby Championship (2022)
"We're still searching far and wide for our best World Cup team" - Wayne SmithThree new caps and the return of some experienced players headline Wayne Smith's Black Ferns squad named to take on Australia in the O'Reilly Cup Test series this month.
Source:The North Africa Journal
August 04, 2022 02:08 UTC
IRE vs SA Live Streaming Details- When And Where To Watch Ireland vs South Africa Live In Your Country? South Africa Tour of Ireland 2022,1st T20I
South Africa plays Ireland for a three-match T20I series starting from August 3 after completing their series against England. South Africa are fresh off a T20I series win against England while Ireland lost an ODI and T20I series against New Zealand as they head into another T20I series against the Proteas. IRE vs SA Live Streaming Details- When And Where To Watch Ireland vs South Africa Live In Your Country? South Africa Tour of Ireland 2022,1st T20IIn IndiaThe South Africa Tour of Ireland 2022 is likely to be broadcasted in India on Sony Sports Network. In South AfricaSouth Africa Tour of Ireland 2022 will be telecasted on the SuperSport network in South Africa and across Sub-Saharan Africa.
Source:The North Africa Journal
August 04, 2022 01:35 UTC
In Kenya’s sugar country, volunteers keep election relations sweet
This time, religious leaders and volunteer peace ambassadors from both sides are trying to stop problems before they start. The peace ambassadors are part of a nationwide initiative – the Peace Ambassadors Integration Organisation. No politician is worth a life, the peace ambassadors say. Prisca Rono, one of Oundo’s counterparts from the Kalenjin community, says the same. “My message is to vote for peace,” Agolla said.
Source:The North Africa Journal
August 03, 2022 21:51 UTC
The Arab Spring Is Over, But the Struggle for Democracy Isn’t
This is almost exactly how democracy withered in Egypt, the only other country where the seeds planted in the Arab Spring — the popular protests that toppled several dictators in the Middle East and North Africa in the early 2010s — had taken root. Like his counterpart in Cairo, General Abdel-Fattah el-Sisi, Saied represents the triumphant return of the old order. In Tunisia as in Egypt, the young, mostly liberal and secular-minded protesters who toppled the tyrants neglected the nitty-gritty of democracy — forming political parties, building policy platforms, contesting elections. When the wheel does turn, the democratic world must be prepared to act swiftly. The military elites, in particular, should understand that their access to Western resources is contingent on a commitment to defending democratic institutions.
Source:The North Africa Journal
August 03, 2022 19:49 UTC
South Africa: Transnet redeems $1bn bullet bond maturity, but tackles liquidity challenges
Transnet disclosed the redemption on Wednesday (27 July 2022) at the group’s annual results presentation for the year ended 31 March 2022. Public enterprises minister Pravin Gordhan, who attended the briefing virtually, noted the company’s “remarkable achievement” in “being able to raise money without government guarantees and being able to … return [to] financial credibility”.
Source:The North Africa Journal
August 03, 2022 19:24 UTC