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The highlights this week: India stands to benefit from the recent BRICS expansion, protests erupt in Pakistan over high electricity costs, and Nepal implements a significant U.S. infrastructure grant. However, this analysis overlooks the potential benefits of BRICS expansion for India. First, more members may grant China more influence on the global stage, but it also means more influence for BRICS itself. Most potential new BRICS members would be at least friendly to New Delhi. Ultimately, discussions about what BRICS expansion means for India may be getting ahead of themselves.
But in the 2020s, as those norms and institutions wither, and African democracy lacks champions, they are becoming common again. Since 1967 Gabon, a former French colony, has been ruled by the Bongo family: first Omar Bongo Ondimba, then from 2009 his son, Ali Bongo Ondimba. Yet Gabon is also part of a broader trend. At the start of this century African institutions, such as the African Union and regional blocs, were swifter to condemn countries where there had been coups. The events in Gabon are also a reminder that France’s policy towards Africa is in tatters.
Flapmax.com, an artificial intelligence company, announced strategic partnership with Intel, to foster AI innovation and drive economic empowerment in Africa. The collaboration will provide technology access, training, mentorship, and funding opportunities to entrepreneurs in emerging markets, starting with Africa, through the FAST Accelerator programme. FAST is designed to help startups that are building cloud-based and AI-enabled products and services supporting Africa’s communities, companies, and governments. Created by Flapmax in partnership with Microsoft, FAST Accelerator combines business development, AI integration, funding, and community building opportunities designed to enable startups to scale more rapidly and sustainably. Startup vendors are encouraged to apply to this year’s FAST Accelerator programme.
CricketB-Love Kandy won the LPL 2023. Cricket in Sri Lanka has found a new voice with Lanka Premier League 2023 as it posted the best-ever TV and digital reach in its fourth edition since its inception in 2020. While both the cricket legends praised the quality of cricket that was displayed, Samantha Dodanwela, Tournament Director, thanked LPL 2023 and all the sponsors for contributing to the growth of Sri Lankan economy in terms of revenue and foreign investments. The Season 4 also received a great response not only in Asia but also across UK, USA, Canada, Middle East, North Africa and globally with rich dividends, making the LPL 2023 a superhit. For more updates, follow Khel Now Cricket on Facebook, Twitter, Instagram, Youtube and join our community on Telegram.
Download Free Report Sample Now: https://www.meticulousresearch.com/download-sample-report/cp_id=5606The growth of the Middle East & Africa water and wastewater treatment market is driven by the increasing prevalence of waterborne diseases, lack of freshwater resources, and stringent water treatment regulations. However, high installation, maintenance, and operating costs restrain the growth of the Middle East & Africa water and wastewater treatment market. Based on type, in 2023, the wastewater treatment segment is expected to account for the largest share of the Middle East & Africa water and wastewater treatment market. Quick Buy – Middle East & Africa Water and Wastewater Treatment Market - Opportunity Analysis and Industry Forecast (2023-2030), Research Report: https://www.meticulousresearch.com/Checkout/41175868Based on country/region, the Middle East & Africa water and wastewater treatment market is segmented into Saudi Arabia, the UAE, Kuwait, Iran, South Africa, and Rest of the Middle East & Africa. In 2023, South Africa is expected to account for the largest share of the Middle East & Africa water and wastewater treatment market.
Out of at least 242 successful military coups that have occurred globally since 1950, Africa accounts for the largest number at 106. If successful, Gabon’s coup will be the second coup in Africa this year. Out of the 486 attempted or successful military coups carried globally since 1950, Africa accounts for the largest number with 214, of which at least 106 have been successful. Successful coups in recent yearsNiger: On July 26, 2023, Niger’s Bazoum was overthrown by the military. In September of that year, there was a second coup by army Captain Ibrahim Traoré who forcibly deposed Paul Henri-Damiba.
Next comes India with 147 million seats, Spain with 108 million seats, China with 98 million seats, and Italy with 85 million low-cost seats. In each of these countries, the percentage of low-cost flights exceeds 70 per cent. Moreover, Mabrian found that within the Pacific, the country that gets the most low-cost flights is Australia, with 46 per cent. Mexico also stands out as the country with the highest percentage of low-cost flights in North America, over 60 per cent. As the Mabrian points out, Puerto Rico exceeds a level of 50 per cent of low-cost flights in the Caribbean and Central America.
Defense Minister Yoav Gallant asked White House National Security Council Middle East coordinator Brett McGurk for clarifications regarding a possible Saudi nuclear program during their meeting in New York, according to a range of Hebrew media reports Wednesday. Saudi Arabia has reportedly asked the US to green-light its development of a civilian nuclear program as part of its terms for the kingdom normalizing relations with Israel. Riyadh’s demand for a green light from Washington to develop a nuclear program is seen as part of the broader US-Saudi talks that could see Israel and Saudi Arabia establish diplomatic ties. AdvertisementEarlier this month, Strategic Affairs Minister Ron Dermer said in an interview that Israel does not necessarily have a problem with a Saudi civilian nuclear program. That’s a different story than a nuclear weapons program,” Dermer said in an interview with PBS.
British Petroleum (BP), an oil and gas global giant, announced Monday August 28 plans to inject $3.5 billion in Egypt for the next three years. The investments will go towards research, exploration and development, the office of the Egyptian leader announced. Operating in the North African country for 60 years now, BP has invested more than $35 billion in the country and produces around 60% of its gas. The announcement comes amid plans by Egypt to drill 45 natural exploratory gas wells in the Mediterranean and the Nile Delta with $1.9 billion in investments until mid-2025. El-Molla added that during the years 2023/2024 and 2024/2025, a total of 35 exploratory wells will be drilled with $1.5 billion in investments.
The 17th edition of the eLearning Africa event will take place in Kigali, Rwanda, on May 29-31. Africa’s largest conference and exhibition on technology-supported learning, training and skills development, eLearning Africa is a network of leading experts, professionals and investors, committed to the future of education and training in Africa. A truly pan-African event, eLearning Africa is the largest gathering of e-learning and digital-supported education and training professionals in Africa, enabling participants to develop multinational and cross-industry contacts and partnerships, as well as to enhance their knowledge, expertise and abilities. Under the overall theme “Education Fuels Innovation, Investment Amplifies Skills: Africa’s Vibrant Leap Forward”, participants are invited to join with leading experts and practitioners to find answers to support the vision of new models of learning and to discuss the future of education, training and skills development in Africa and the boldness it requires from all stakeholders and sectors to shape its future.
Rebel officers in Gabon announced Wednesday they had seized power following disputed elections in which President Ali Bongo Ondimba, whose family has ruled the oil-rich state for more than 55 years, had been declared winner. “Today, the country is going through a serious institutional, political, economic and social crisis,” according to the statement read on state TV. The coup announcement came just moments after the national election authority declared Bongo had won a third term in Saturday’s election with 64.27 percent of the vote. Gabon’s 2016 elections were marked by deadly violence after Bongo edged out rival Jean Ping by just 5,500 votes, according to the official tally. In 2018, Bongo suffered a stroke that sidelined him for 10 months and fuelled accusations that he was medically unfit to hold office.
The United Nations agency for Palestinian refugees appeals for $15.5 million to respond to the fallout of clashes in Lebanon’s largest Palestinian refugee camp earlier this month. The agency, known as UNRWA, says the money is needed to repair infrastructure damaged in the clashes in the Ein el-Hilweh camp, provide alternate schooling locations for children who will now be unable to use the schools in the camp, and hand cash assistance to people who have been displaced from their homes. Several days of street battles broke out in the camp between Palestinian Authority President Mahmoud Abbas’s Fatah movement and Islamist groups in the camp after Fatah accused the Islamists of gunning down one of their military generals on July 30. While an uneasy truce has prevailed since Aug. 3, clashes could resume if the Islamist groups do not hand over the accused killers of the Fatah general, Mohammad “Abu Ashraf” al-Armoushi, to the Lebanese judiciary as demanded by a committee of Palestinian factions earlier this month. The bulk of the funds requested by UNRWA, about $11 million, would go to provide one-time $1,200 cash aid payments to families whose homes have “become uninhabitable due to the conflict,” the agency says in its appeal, as well as smaller aid payments to other vulnerable families in the camp.
African fintech startups raised more than US$2.7 billion in VC funding in the last two years, according to a new report. Well, in this regard, the fintech space has seen unprecedented growth in the last couple of years. Indeed, the country more than tripled its total raised funding over the last two years, with more than US$1 billion invested into Nigerian fintech startups in that period. Historically the two dominant sub-sectors of African fintech, the payments and remittances and lending and financing categories increased their combined share of African fintech funding to 81.2 per cent between 2021 and 2023, from 77 per cent two years previously. “It is clear that African fintech is in its prime, driving forward financial inclusion and powering the commercial revolution occurring on the continent.
An overwhelming 79% of Indians view Modi favorably, with a substantial 55% of them holding a "very favorable" opinion. India also sees the U.S. as a force for peace and stability worldwide (70%), albeit with a perception of occasional interference in other countries' affairs (68%). More significantly, 57% of Indian adults view Russia favorably, with 23% holding an exceptionally positive view. A significant 67% of Indian adults express unfavorable views of China, with 50% holding a "very unfavorable" opinion. For the Indian segment of the research, Pew surveyed 2,611 Indian adults between March 25 and May 11, 2023.
