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Africa’s COVID-19 death toll exceeds 23,000 with more than 1.047m cases

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The Africa Center for Disease Control and Prevention (Africa CDC) on Monday revealed the death toll due to illnesses related to the COVID-19 pandemic rose to 23, 253.

   The continent-wide COVID-19 related death toll registered an increase of 287 deaths compared to Sunday’s 22,966 death toll report.

   The Africa CDC, a specialized healthcare agency of the African Union (AU) Commission, in its latest situation update issued on Monday, said the number of COVID-19 cases across the African continent has risen from 1,036,564 on Sunday to 1,047,218 as of Monday.

   The continental disease control and prevention agency also said the number of people who recovered from their COVID-19 infections also reached 733,375 so far.

   South Africa currently has the most COVID-19 cases at 559,858. South Africa also has the highest COVID-19 related deaths currently standing at 10,408.

   Egypt comes next with 95,492 COVID-19 cases and 5,009 COVID-19 related deaths followed by Nigeria which has so far recorded 46,577 COVID-19 cases and 945 deaths.

   The Southern Africa region is the most affected area in terms of confirmed cases, followed by Northern Africa and Western Africa regions, the Africa CDC said.

   Amid the rapid spread of the COVID-19 pandemic across the continent, the Africa CDC had on Friday urged the African continent to increase compliance to the public health and social measures as the COVID-19 pandemic continued to gain momentum in Africa.

“We must increase mass wearing of masks as we expand testing and treatment services,” the Africa CDC Director John Nkengasong said in his message following the launch of the World Mask Week, slated from August 7 to 14, as an effort to increase the use of face coverings in public across the globe.

As the pandemic spread across Africa, the Africa CDC together with the World Health Organization (WHO) and more than 40 other global, regional and national organizations and institutions have initiated the Pandemic Action Network, which launched the World Mask Week that envisaged increasing the use of face coverings in public in Africa and beyond.

According to the Africa CDC, the newly introduced initiative encourages people and organizations in Africa and beyond to rally behind the importance of wearing a mask to stop the spread of COVID-19 during World Mask Week and every week until there is a vaccine available.

   The initiative was launched by the WHO Director-General Tedros Adhanom Ghebreyesus as part of his Wear a Mask challenge to mark the beginning of World Mask Week, asking people to share their mask photos and videos, it was noted.

“Given the alarming exponential increase of infection rates in Africa and across the globe, sustained community masking in public is critical to stop the spread of COVID-19, even as situations vary around the world,” the Africa CDC statement read.

“Until we have vaccines or medicines to fight COVID-19, face coverings are one of the best tools we have — particularly where social distancing is not practical,” the Africa CDC noted.

The Africa CDC, which noted that some 41 countries are practicing mandatory public use of face masks, stressed that preventing a crisis such as acute shortage of personal protective equipment for healthcare workers “should be prioritized by health authorities in Africa as part of the COVID-19 response.”

Amid the spread of the COVID-19 pandemic across the African continent, the Africa CDC had also disclosed recently that some 34 African countries are under “full border closure” in an effort to halt the spread of the infectious virus. 

XINHUA

If Trump bans Wechat, Apple set to lose Chinese market

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If Trump bans Apple from offering WeChat, people in China could ditch iPhones in droves

Trump’s executive order banning WeChat-related transactions could potentially force Apple to remove the Tencent app from the iOS App Store

WeChat is one of China’s two largest mobile payment apps, accounting for nearly 40 per cent of the US$8.4 trillion in mobile payment transactions just in the last quarter of 2019.

iPhone shipments could plummet by 30 per cent if Apple users in China can’t download WeChat, said widely-cited Apple analyst Ming-Chi Kuo

Many Chinese Apple fans would hate giving up their beloved iPhones. But the reality is that users in China may not need their iPhones as much as they need WeChat, and a new

executive order by US President Donald Trump could force them to choose between the two.

Last week’s order from the White House seeks to ban people and property under US jurisdiction from being involved with “any transaction that is related to WeChat.” The administration says further clarification on what transactions are banned will come later. But for now, the vaguely worded order has left many people confused. Some say this an

intentional effort to dissuade US companies from operating in China

Some analysts say it’s possible that Apple might have to stop offering Tencent’s popular messaging app on its iOS App Store worldwide. If that happens, the impact on Apple could be huge. By one estimate, global iPhone shipments could fall by as much as 25 to 30 per cent this year, according to TF International Securities analyst Ming-Chi Kuo,

known for his Apple research.

Apple did not respond to questions about WeChat’s possible removal from the App Store.

Baffled WeChat users in China have been pondering what this means for them. When it comes down to it, though, it seems few will struggle to choose between iPhones and WeChat. In a Weibo poll asking people whether they would switch to a new smartphone or uninstall WeChat if the app disappears from iOS, more than 1.2 million out of 1.3 million people who voted indicated that they would get a new phone.

While a social media poll doesn’t represent all of China, the sentiment is real. It’s hard to overstate how essential WeChat is for Chinese smartphone users. More than just a messaging app.

WeChat is also where people get much of their news and follow their favourite bloggers on public accounts. And thanks the myriad mini programs offered in the app, users can also hail taxis, order food, shop, pay bills and do so much more all without ever leaving WeChat. Some liken the app to an operating system

This is on top of the network effect that locks people into the app that their friends and family use.

With this being the reality for most people in China, it’s easy to see how switching from iOS to Android might be less painful than for users elsewhere.

“Naturally, WeChat works the same on iOS as it does on Android,” tech analyst, Ben Thompson wrote in 2017. “That, by extension, means that for the day-to-day lives of Chinese there is no penalty to switching away from an iPhone.”

WeChat is also important for the Chinese diaspora. Since it’s one of the few well-known messaging apps that isn’t blocked in China, it’s generally the only tool for overseas Chinese

to stay connected to their family and friends inside the Great Firewall. Facebook, WhatsApp, Telegram and Line are all blocked. (But surprisingly, the security-focused app Signal currently remains accessible in China.)

Kuo suggests there is some room for optimism: Perhaps Apple will only be forced to remove WeChat from the App Store in the US. In this case, Apple might only see iPhone shipments fall 3 to 6 per cent, Kuo argues.

Apple is increasingly reliant on the China market, which Canalys estimates was the iPhone’s second biggest market last year behind the US.

Apple’s latest earnings report shows that mainland China, Hong Kong, Macau and Taiwan account for more than 15 per cent of Apple’s revenue. And iPhone sales are still growing in mainland China thanks to aggressive price cuts, as well as the popularity of the iPhone 11 and the budget-friendly iPhone SE.

This is in spite of the fact that iPhones still only account for 9 per cent of all smartphone shipments to China, according to Counterpoint.

Kuo also warns that other Apple products could be affected by a WeChat ban. If Apple removes the app globally, shipments of other popular products like AirPods, iPads, MacBooks and the Apple Watch could shrink by 15 to 25 per cent, he says. If the app is only removed from the US App Store, shipments of these products might fall less than 3 per cent.

While Kuo notes that the US government theoretically wouldn’t want do anything that hurts Apple, it’s possible US President Donald Trump has his focus elsewhere: the 2020 presidential election. This might result in more “radical” moves from the Trump administration to appeal to voters, Kuo says.

SOURCE: scmp.com

Rainoil opens new 8000MT gas plant

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Rainoil Limited, an integrated downstream oil and gas company, has unveiled a Liquefied Petroleum Gas plant with a tank capacity of 8,000 metric tonnes in Ijegun, Lagos.

The Minister of State for Petroleum Resources, Timipre Sylva, said the establishment of the plant aligned with the Federal Government’s drive to deepen cooking gas penetration and attain five million MT of LPG consumption by 2022.

Sylva inaugurated the facility on Thursday alongside the Group Managing Director of Nigerian National Petroleum Corporation, Mele Kyari.

He said, “Rainoil is really working in tandem with the vision of the Federal Government in making gas a preferred fuel in the country.

”I am excited at what I am seeing here today. Everything can speak for itself.  Energy is very important in the global economy and I am glad that Nigerians are playing key roles in the oil and gas industry.”

The NNPC GMD commended Rainoil for partnering with the government to boost domestic gas utilisation and the development of the gas sector in the country.

“We believe that gas is our next instrument for developing our economy, and we commend Rainoil for its effort in ensuring the use of gas in the country,” Kyari said.

He said the NNPC would continue to lead activities to enhance gas utilisation in the country.

The Group Managing Director, Rainoil Limited, Dr Gabriel Ogbechie, said the decision to invest in growing the LPG sector started in 2018.

He said, “We believe this investment will increase domestic storage flexibility for LGP and provide direct and indirect employment opportunities, including training, skills acquisition, transfer and enhancement.

“It will also add environmental protection benefits of reducing gas flaring and encouraging the use of cleaner fuel.

“Our investment in the project is substantial as we now account for 16.6 per cent of the LPG storage in the country.”

NIPC INTELLIGENCE

Buhari Signs reviewed CAMA into law to repeal 1990 version

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President Muhammadu Buhari Friday in Abuja assented to the Companies and Allied Matters Bill, 2020 recently passed by the National Assembly.

The President’s action on this important piece of legislation, therefore, repealed and replaced the extant Companies and Allied Matters Act, 1990, introducing after 30 years, several corporate legal innovations geared toward enhancing ease of doing business in the country.

Such innovations include:

a. Filing fee reductions and other reforms to make it easier and cheaper for small and medium-sized enterprises to register and reform their businesses in Nigeria;

b. Allowing corporate promoters of companies to establish private companies with a single member or shareholder, and creating limited liability partnerships and limited partnerships to give investors and business people alternative forms of carrying out their business in an efficient and flexible way;

c. Innovating processes and procedures to ease the operations of companies, such as introducing Statements of Compliance; replacing “authorised share capital” with minimum share capital to reduce costs of incorporating companies; and providing for electronic filing, electronic share transfers, e-meetings as well as remote general meetings for private companies in response to the disruptions to close contact physical meetings due to the COVID-19 pandemic;

d. Requiring the disclosure of persons with significant control of companies in a register of beneficial owners to enhance corporate accountability and transparency; and

e. Enhancing the minority shareholder protection and engagement; introducing enhanced business rescue reforms for insolvent companies; and permitting the merger of Incorporated Trustees for associations that share similar aims and objectives.

Wechat ban by Trump to cost Apple 30% market share loss

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In a worst-case scenario, Apple’s annual global iPhone shipments could decline by 25–30% if it is forced to remove WeChat from its App Stores around the world, according to a new research note from analyst Ming-Chi Kuo viewed by MacRumors. The removal could occur due to a recent executive order aiming to ban U.S. transactions with WeChat and its parent company Tencent.

Kuo lays out optimistic and pessimistic scenarios depending on whether Apple is only required to remove WeChat from the App Store in the United States or if the ban would apply to the ‌App Store‌ in all countries.

WeChat is extremely popular with Chinese mobile device users, essentially operating as its own platform on top of iOS and Android for many users, but the app is also widely used around the world and has over 1.2 billion monthly active users. Kuo argues that a worldwide ban on WeChat in the ‌App Store‌ would be devastating as a result.

Since WeChat is very critical to Chinese users, integrating communications, payments, e-Commerce, social software, news reading, and productivity functions, we believe that the move will tank ‌iPhone‌ shipments in the Chinese market. We estimate that global ‌iPhone‌ shipments will decline by 25–30%. Global shipments of other Apple hardware products, including AirPods, iPad, Apple Watch, and Mac, will decline by 15–25%.

Under his optimistic scenario in which WeChat is only removed from the U.S. ‌App Store‌, Kuo predicts global ‌iPhone‌ shipments would be impacted by 3–6% with other Apple products being affected by less than 3%.

Apple does not break down its ‌iPhone‌ shipments by region, but overall, Greater China accounted for a little over 15% of Apple’s total revenue during the June quarter, making it a significant part of Apple’s business.

Kuo recommends that investors reduce their stock holdings of companies in Apple’s supply chain such as LG Innotek and Genius Electronic Optical due to the risks of a WeChat ban. It does, however, remain to be seen what will happen as the prohibitions laid out in the executive order do not take effect until September 20. As a result, there is still time for the order to be clarified, modified, or rescinded.

macrumors.com