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July 29, 2024 10:45 UTC

by TINTSWALO BALOYIExecutive EditorJOHANNESBURG, (CAJ News) – HOW a legally-registered facility, operated by an accredited security training service provider, has ended up being an illegal military training base for undocumented Libyans is a source of mystery and panic in South Africa. Such does not bode well for South Africa, already suffering a reputation as having some of the most violent crimes globally. Military training equipment, including licensed firearms, were also found. One is Abubakar Swalleh, described by the US as a “South Africa- and Zambia-based” ISIS operative allegedly involved in the physical transfer of funds from South Africa to the DRC. Additionally, Swalleh reportedly facilitated the movement of ISIS-affiliated individuals from Uganda to South Africa, and vice versa.

July 29, 2024 09:35 UTC

Ten scale-ups from Africa and the Middle East have been selected to take part in the inaugural “Accelerate with Djembe” programme, which will help startups raise funds by boosting their communications abilities. Accelerate with Djembe is a communications-focused accelerator programme for scale-ups in Africa and the Middle East, which supports the selected scale-ups’ efforts to raise funds by providing access to communications insight and advisory services. After a selection process led by Djembe CEO Mitchell Prather, 10 scale-ups across various sectors, including education, energy, environmental services, healthcare, manufacturing, and transportation, have been selected to take part. Furthermore, additional outside industry experts will support the further development of the inaugural cohort group, ensuring they are investment-ready with a powerful growth story. “The Djembe Consultants team was impressed with the quality of scale-ups who applied during the two months-long application process.

July 29, 2024 08:32 UTC

The two dams outside the city of Derna broke up on Sept. 11 after they were overwhelmed by Storm Daniel, which caused heavy rain across eastern Libya. The failure of the structures inundated as much as a quarter of the city, officials have said, destroying entire neighborhoods and sweeping people out to sea. The Derna Criminal Court on Sunday convicted 12 current and former officials of mismanagement, negligence and mistakes that contributed to the disaster, according to a statement from the office of the country's top prosecutor. The defendants, who were responsible for managing the country's dams, were given prison terms that ranged from nine to 27 years, the statement said, without identifying them. Sunday's verdict could be appealed before a higher court, according to Libya's judicial system.

July 29, 2024 08:29 UTC

The agricultural sector in African countries presents a key market for Uzbek fertilisers and machinery. Egypt and South Africa, as technologically advanced economies in Africa, offer diversified trade opportunities for Uzbekistan’s industrial and agricultural products. Context AnalysisThe varying economic development across African countries, many of which are members of the World Trade Organisation (WTO) and the African Continental Free Trade Area (AfCFTA), facilitates trade agreements and business partnerships. With diverse resources ranging from oil and gas in Algeria and Nigeria to minerals and diamonds in Namibia and Botswana, African countries present a lucrative market for Uzbek mining equipment. Conclusion/Recommendations for InvestorsFor investors, the burgeoning economic cooperation between Uzbekistan and African countries presents diverse opportunities.

July 29, 2024 06:30 UTC





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July 29, 2024 04:46 UTC

Dubai-based financial services firm Mamo has raised $4.3 million in new funding. Founded in 2019, the company offers services such as payment collection, corporate cards and expense management for small and medium-sized enterprises (SMEs) in the United Arab Emirates (UAE). “Mamo’s mission is to empower people to manage and grow their money through simpler, faster and friendlier finance,” Mamo wrote on LinkedIn last week. In other SME news, PYMNTS wrote recently about the potential for embedded lending opportunities for micro and small businesses (MSBs) in the U.S. Recent research by PYMNTS Intelligence and Visa shows modest interest among U.S. lenders in expanding their embedded lending offerings.

July 28, 2024 23:04 UTC

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July 28, 2024 22:34 UTC

Mali's northern Tuareg rebels said they had killed and injured dozens of soldiers and Wagner mercenaries in two days of fighting near the Algerian border, after the army said it had lost two soldiers but killed some 20 rebels. The Malian army said in statements that two soldiers had been killed and 10 injured. Several Russian military bloggers reported on Sunday that at least 20 from the Wagner group were killed in an ambush near the Algerian border. The Baza Telegram news channel, which has links to Russia's security structures, reported that at least 20 Wagner fighters have been killed. It has said Russian forces there are not Wagner mercenaries but trainers helping local troops with equipment bought from Russia.

July 28, 2024 20:38 UTC

Tanks pushed deeper into the three towns of Al-Karara, Al-Zanna, and Bani Suhaila, in the east of Khan Younis in southern Gaza, and medics said at least nine Palestinians were killed earlier on Sunday by Israeli military strikes in those areas. Residents said fierce fighting could be heard in eastern areas of Khan Younis where the army was operating. The new incursions caused thousands more families to leave their homes and head to overcrowded areas in Al-Mawasi to the west, and north to Deir Al-Balah.

July 28, 2024 20:03 UTC

The odds of an all-out war between North and South Korea are very low, but they aren’t zero. The capital and surrounding areas account for 81% of South Korea’s chip production and 34% of its total manufacturing output. South Korea produces 4% of all electronic components used in factories worldwide, and around 40% of all memory chips. Putin’s pact with North Korea, along with Kim’s recent threats to “annihilate” his southern neighbor, have laid bare the risks facing South Korea. Southeast Asia, Japan and Taiwan — dependent on South Korea’s chips and vulnerable to maritime disruptions — take the biggest hit.

July 28, 2024 20:03 UTC

VIENTIANE/TOKYO -- North Korea's lack of high-level representation at yet another ASEAN-hosted conference suggests that Pyongyang is avoiding multilateral venues as it pursues closer relations with President Vladimir Putin's Russia. For a sixth straight year, Pyongyang did not send its foreign minister to the ASEAN Regional Forum, one of the few international ministerial conferences that North Korea participates in.

July 28, 2024 19:07 UTC

The civil war broke out in 1992 after the army cancelled Algeria's first democratic elections when the winning Islamic Salvation Front vowed to establish an Islamic state. The war left some 200,000 people dead, according to official figures.

July 28, 2024 18:45 UTC

The best crypto presales provide a unique opportunity, granting early access to some of the most promising projects in the crypto market. EOSI Finance – AI-driven trading platform with copy trading features. One of the key benefits of Pepe Unchained is its high staking rewards, promising up to 11067% returns. DogLibre offers various incentives to its users, including staking rewards, play-to-earn opportunities, and real-life utility through its pet care initiatives. EOSI FinanceEOSI Finance is a decentralized proprietary trading platform combining AI and machine learning technologies to optimize crypto trading and investing.

July 28, 2024 18:44 UTC

Our Middle East Beauty Market Report is a deepening of the research arm of BeautyMatter, demonstrating our commitment to data, intelligence, and storytelling. Commissioned by Messe Frankfurt Middle East, organizers of Beautyworld, we explore the intersection of history, culture, and economic dynamics to unpack why the Middle East is a hotbed for growth in the global beauty and wellness ecosystem. As distribution paradigms around the world shift to embrace omnichannel strategies that serve consumers who are not constrained by borders, the Middle East is emerging as a hotspot for beauty brands to expand their footprints. With its rich history and rapidly evolving society, the Middle Eastern beauty market is one of the most lucrative beauty and wellness markets in the world, according to Euromonitor International, which values the beauty and personal care market in the broader Middle East and North Africa (MENA) region at over $46 billion and estimates it will reach around $60 billion by 2025. The Middle East is a flexible geographic term that shifts depending on the user and the era.

July 28, 2024 18:14 UTC