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Japan

MSDF overpaid ¥81 million for submarine battery charging, sources say

[ad_1] The Maritime Self-Defense Force (MSDF) overpaid some ¥81 million to outsourcing companies tasked with charging submarine batteries, because the batteries were not fully charged as they should have been, people familiar with an investigation by the Board of Audit said Monday. Twenty MSDF submarines use lead-acid storage batteries for power while they are submerged. The batteries are charged during regular inspections every three years, a task outsourced to submarine […]

todayOctober 9, 2024

Africa

Africa: $20m Democracy Fund Launched in West Africa Amid Surge in Pro-Military Sentiment

[ad_1] The fund is intended to support West African states currently facing various democratic challenges. A coalition of international donors has launched a new $20 million West Africa Democracy Fund (WADF) to promote democracy in the subregion, following growing pro-military intervention sentiments. The fund, set up by the Ford Foundation, John D. and Catherine T. MacArthur Foundation, Luminate, and Open Society Foundations, was launched in Abuja, Nigeria's capital, on Monday, with the mandate of strengthening democracy across the region. In […]

todayOctober 9, 2024

Africa

Africa: Tana Forum Postponed for Third Time Amid Ongoing Conflict in Amhara Region

[ad_1] Addis Abeba — The 11th Tana High-Level Forum on Security in Africa, originally scheduled for October 25-27, 2024, in Bahir Dar, Ethiopia, has been postponed for the third time, with the new dates now set for 2025. Originally planned for October 13-15, 2023, the forum was first rescheduled to April 2024 due to "unforeseen circumstances," according to the Institute for Peace and Security Studies (IPSS) at Addis Ababa University, which organizes the event. Despite intentions to hold the forum […]

todayOctober 9, 2024

Japan

Ex-boxer Iwao Hakamata finally exonerated over 1966 murder case

[ad_1] After nearly 60 years, former professional boxer Iwao Hakamata has been exonerated.Ahead of a Thursday deadline to file an appeal against last month’s not-guilty verdict of the Shizuoka District Court, which heard a rare retrial of the 1966 murder case against the ex-boxer, prosecutors have decided not to do so, his lawyers' office told The Japan Times on Tuesday.“We are happy that it is finally over,” said Hideko Hakamata, […]

todayOctober 8, 2024

Africa

Africa: South Africa’s Potential for Oil and Gas ‘Significant’ – Mantashe

[ad_1] Mineral and Petroleum Resources Minister Gwede Mantashe says the discovery of gas and condensate from two exploration wells in the South Outeniqua Basin are proof that South Africa's underexplored deep waters have significant potential for oil and gas. The Minister was speaking during Africa Oil Week held at the Cape Town International Convention Centre. "In the past two years, TotalEnergies, Shell and Galp have made eight discoveries across three blocks in Namibia's Orange Basin, representing an estimated 3.5 billion […]

todayOctober 8, 2024

Japan

Pair win physics Nobel for machine learning breakthroughs

[ad_1] A pair of AI scientists won the Nobel Prize in physics on Tuesday for foundational discoveries and inventions that enable machine learning with artificial neural networks.John J. Hopfield, a professor at Princeton University, and Geoffrey E. Hinton, a professor at the University of Toronto, used tools from physics to develop methods that became the foundation of today’s powerful machine learning, the Nobel Foundation said.“When we talk about artificial intelligence, […]

todayOctober 8, 2024

Africa

Africa: Equator Africa Gets $5m From IFC for African Climate Tech Startups

[ad_1] TLDR Equator Africa, a VC firm supporting early-stage climate tech startups in sub-Saharan Africa, receives $5 million from IFC for innovation in the African climate sector. Initial close of $40 million in April aims to address funding gap for seed and Series A-stage startups in the region. Korea Green Resilient and Innovative Development Programme adds $1.5 million guarantee, scaling Equator Africa's fund to $54 million. Equator Africa, a venture capital firm focused on supporting early-stage climate tech startups in […]

todayOctober 8, 2024

Africa

Africa: Remittance Fintech Zepz Raises $267m to Fuel Expansion in Africa

[ad_1] TLDR Zepz, formerly WorldRemit, secures $267 million funding round for expansion in key African and global markets. Funding led by Accel with participation from Leapfrog, TCV, Coller Capital, and IFC. Zepz, operating WorldRemit and Sendwave, serves over 11 million users in 150 countries. Formerly known as WorldRemit, fintech company Zepz has raised $267 million in a new funding round to support its expansion in its core African markets and globally. The round was led by Accel, with participation from […]

todayOctober 8, 2024

Africa

Africa: SA, AU Commission to Hold Consultative Meeting On the G20

[ad_1] The Director-General of the Department of International Relations and Cooperation, Zane Dangor who serves as South Africa's G20 Sherpa, will host consultations on the G20 with his African Union Commission (AUC) counterpart, Ambassador Albert Muchanga. The session will be held on Thursday. Ambassador Muchanga is the G20 Sherpa and Commissioner of Economy, Trade, Tourism, Industry and Minerals (ETTIM). It is expected that the two leaders will exchange views on the approaches to the G20 and identify areas of cooperation […]

todayOctober 8, 2024

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