VC firm Ring Capital has announced the launch of Ring Africa, its impact investment vehicle for French-speaking West Africa, which aims to support young start-ups with a strong social and environmental impact, and has a target of EUR50 million (US$55 million). Ring Capital finances and supports entrepreneurs offering solutions to key social and environmental challenges through three investment vehicles and a philanthropic fund. Following the launch of its impact seed fund, GENERATIONS, in 2023, Ring Capital has now launched Ring Africa, an impact investment fund aimed at startups in Francophone West Africa. Ring Africa will specifically support the new generation of entrepreneurs and the feminisation of entrepreneurship. Being an impact investor means giving a chance to environmental and social solutions and financing a new generation of entrepreneurs.

March 11, 2024 09:38 UTC

Sharjah, UAE: Air Arabia, the first and largest low-cost carrier (LCC) operator in the Middle East and North Africa, has recently opened its newest City Check-in facility in Dubai. This opening brings the total number of City Check-in facilities in the UAE to 12, spread across the country. The new location will also include a convenient bus service connecting the Shindagha City Centre City Check-in facility with Sharjah International Airport which will start operating soon. Customers flying from Sharjah International Airport can visit any of the City Check-in facilities located in Dubai, Sharjah, Ras Al Khaimah, Ajman, while passengers traveling from Zayed International Airport can visit City Check-in facility in Abu Dhabi. The debut of the new City Check-In facility is consistent with the airline's commitment to providing affordable and value-added solutions that meet its customers' evolving needs.

March 11, 2024 09:12 UTC

pawaPass is helping businesses trust the people they interact with online or remotely, using facial biometrics and other supporting digital data. Millions of people are coming online in Africa, and need to access services and protect their online accounts. At the same time, the surge in online fraud, deep fakes and abuse, poses a threat to offering those services in a cost-efficient, secure, and user-friendly way. Enter pawaPass, founded in 2022 by Sylvia Brune, once part of the management team at 88mph and 440NG, some of the earliest Africa-based accelerators. This means that in the next decade, the best way to ensure access to global opportunities like jobs, trade, access services remotely, is through some form of high trust system,” Brune said.

March 11, 2024 07:27 UTC

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March 11, 2024 07:21 UTC

EQS-News: Formycon AG / Key word(s): Regulatory Approval/Market LaunchFYB201/Ranibizumab keeps gaining momentum with approvals and launches in the MENA region11.03.2024 / 07:30 CET/CESTThe issuer is solely responsible for the content of this announcement. In Saudi Arabia, MS Pharma will market the biosimilar under the trade name Ravegza®. FYB201/Ravegza® was developed by Bioeq AG, a joint venture between Formycon AG and Polpharma Biologics Group BV. At the end of 2021, the company entered into an exclusive partnership with MS Pharma for the commercialization of FYB201 in the Middle East and North Africa (MENA) region. This strategic collaboration aims to improve access to ophthalmic treatments in the MENA region.

March 11, 2024 06:49 UTC





MOORESVILLE, N.C. (AP) — A suspect in a weekend shooting that killed two people and injured another at a North Carolina home died in a shootout with deputies hours afterward outside another house, a sheriff said Sunday. The deputies and four minor children inside the home with Strawser weren’t hurt, he added. The sheriff’s office said Strawser and the three who were shot knew each other, so it wasn’t a random home invasion. With the house surrounded, sheriff’s office negotiators tried to get Strawser to come out, according to Campbell. Authorities said some of the bullets fired by Strawser hit sheriff’s office vehicles.

March 11, 2024 06:07 UTC

DUBAI, United Arab Emirates — Officials saw the crescent moon Sunday night in Saudi Arabia, home to the holiest sites in Islam, marking the start of the holy fasting month of Ramadan for many of the world’s 1.8 billion Muslims. AdvertisementHowever, there are some Asia-Pacific countries like Australia, Brunei, Indonesia, Malaysia and Singapore, that will begin Ramadan on Tuesday after failing to see the crescent moon. Jordan will also begin Ramadan on Tuesday. Share this article ShareIn Iran, which views itself as the worldwide leader of Islam’s minority Shiites, authorities typically begin Ramadan a day after Sunnis start. The Palestinian territories will begin Ramadan on Monday as well.

March 11, 2024 03:43 UTC

The documentary producer Antoine De Maximy has spent two-weeks in Algiers without being able to find people to host him, save an exception in the restive Kabylie region. Carrying his shoulder camera, he could film some conversations with nosey security agent who intervened whenever De Maximy found a potential host. The documentary reflects an image of an Algeria in chaos where security services control the daily lives and interactions involving locals and tourists. “We would like to migrate after highschool…there are no jobs,” a Youngman in the Kabylie region told Antoine De Maximy. In Oran, some 20 youngman were filmed singing “Oh tourists we are not good,” after Antoine De Maximy bought them sandwiches.

March 10, 2024 17:08 UTC

Omaha Mavericks (14-17, 7-9 Summit League) vs. North Dakota Fightin’ Hawks (18-13, 10-6 Summit League)Sioux Falls, South Dakota; Sunday, 9:30 p.m. EDTFANDUEL SPORTSBOOK LINE: Fightin’ Hawks -2.5; over/under is 145BOTTOM LINE: North Dakota plays in the Summit League Tournament against Omaha. The Fightin’ Hawks have gone 10-6 against Summit League opponents, with an 8-7 record in non-conference play. The Mavericks’ record in Summit League play is 7-9. Omaha ranks seventh in the Summit League scoring 31.6 points per game in the paint led by Marquel Sutton averaging 7.0. Omaha has shot at a 45.1% rate from the field this season, 0.1 percentage points less than the 45.2% shooting opponents of North Dakota have averaged.

March 10, 2024 14:57 UTC

Peru has praised the Atlantic Initiative, launched by King Mohammed VI, a move aimed at transforming this continental maritime space into a zone of peace, stability, and development. This position was expressed at the seventh edition of the Morocco-Peru Political Consultations Mechanism, held this week in Lima. The Atlantic Initiative was announced by King Mohammed VI, in a speech he delivered on November 6, 2023. During the Lima meeting, the two countries welcomed the convergence of their views on a host of regional and international issues, which illustrates their shared commitment to peace, stability, and sustainable development. They also welcomed King Mohammed VI’s African Atlantic Initiative, which will strengthen cooperation between the Sahel states and those along the Atlantic seaboard.

March 10, 2024 14:51 UTC

India now produces 97% of its total mobile phone demand locally and 30% of the total production in the financial year 2024 is meant for export, it said. "Mobile phone production surged from ₹18,900 crore in 2014-15 to an estimated ₹4,10,000 crore in FY24, registering an increase of 2,000%. In 2014-15, mobile phone exports from India were a mere ₹1,556 crore. From just two mobile phone factories in 2014, India now has become the second-largest mobile phone producer in the world. Samsung on the other hand, operates its second-largest mobile phone factory in Noida.

March 10, 2024 14:15 UTC

"The election of the six judges was meticulously conducted in adherence to the principles enshrined within the Rome Statute," President of the Assembly of State Parties to the Rome Statute, Paivi Kaukoranta said.

March 10, 2024 13:10 UTC

A five-year-old cheetah named Gamini has given birth to 5 cubs at the Kuno National Park in Madhya Pradesh. With these new arrivals, the count of cheetah cubs born in India has reached 13. Altogether, there are now 26 cheetahs, including the new cubs, in Kuno National Park. Female cheetah Gamini, age about 5 years, brought from Tswalu Kalahari Reserve, South Africa, has given birth to 5 cubs today. Additionally, the agreement stipulates that South Africa will relocate another 12 cheetahs annually for the next 8 to 10 years.

March 10, 2024 12:40 UTC

The Middle East and North Africa Stevie® Awards honor innovations and achievements in all aspects of life and business in 18 countries in the Middle East, North Africa, and worldwide. With over 1000 entries in the 2024 competition, QVision is proud to stand among the distinguished winners of the Middle East and North Africa Stevie® Awards. Sharif Hashisho, CEO of QVision, stated, "I am extremely proud to witness the success that QVision has achieved at the Stevie® Awards. The Stevie Awards are among the world's top business awards, honoring achievements in various fields, including business, innovation, and leadership. The Middle East and North Africa Stevie Awards recognize excellence in diverse industries in the Middle East and North Africa region.

March 10, 2024 10:22 UTC

As of the end of January, around 450,000 Sudanese refugees had fled to neighboring Egypt since the outbreak of war. Before the war, Khartoum was a host city for refugees fleeing neighboring countries, including the war in Ethiopia’s Tigray region and military conscription in Eritrea. In Sudan’s war, “the citizens are the victims of both sides,” he said. Many Sudanese refugees are left with only remnants of the lives and careers they had built. As the crisis worsens, the aid available for Sudanese refugees remains deeply inadequate.

March 10, 2024 00:34 UTC