Courtesy of Eco Wave Power
The goal of the challenge was to find disruptive solutions that will facilitate transit at Morocco’s ports and improve port performance.
The event took place virtually, and Eco Wave Power was represented by Matias Sigal from the Eco Wave Power Business Development Department.
After pitches by seven finalists, and time taken by the judges for deliberation, Eco Wave Power was determined as one of three winners.
The award granted to Eco Wave Power is 100,000 MAD, as well as an opportunity for Morocco to become an Eco Wave Power testing and implementation hub.
One of the Jury members, Dr. Mikael Lind from the Research Institute of Sweden (RISE) congratulated Eco Wave Power for winning the award and said, “I think that Eco Wave Power’s solution is very promising for responding to the needs of the port to establish itself as an energy hub and as a contributor to the green conversion of the maritime and the global transport chain.”
Africa can have an inclusive, cohesive and sustainable recovery from Covid
26 Jan 2021
Gonzaga Yiga, a community chairperson, appeals to residents through a speaker from the tallest building of the area in morning and evening, on how to curb the spread of the coronavirus disease Covid-19, in Kampala, Uganda, on March 24, 2020. (Photo by Badru Katumba/AFP)
COMMENT
The Covid-19 pandemic is driving Sub-Saharan Africa into its first recession in 25 years, putting economic progress at risk. Recovery will depend on how effective governments and private sector partners are at addressing four key priorities.
The African Continental Free Trade Area (AfCFTA), which came into effect on 1 January, can serve as a framework for the region’s economic recovery. The zone aims to connect 1.3-billion people across 55 countries with a combined gross domestic product (GDP) valued at $3.4-trillion.
12 trade tasks to prioritize in 2021
(Vidar Nordli-Mathisen, Unsplash)
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum.
Author: Sean Doherty, Head, International Trade and Investment, World Economic Forum & Kimberley Botwright, Community Lead, Global Trade and Investment SI, World Economic Forum
The new director-general at the WTO will have a raft of challenges on their desk – here are our suggestions for one task a month to focus on this year.
The time is ripe for a global conversation about best-practices for industrial policy and sustainable recovery from COVID-19.
Countries should align on trade actions to support climate ambition before they gather at year’s end to advance the Paris Agreement.