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Air passenger demand continues to grow strongly, reports IATA
Published: 31 May 24
Global air passenger demand continued to increase in April, in year-on-year (y-o-y) terms, the International Air Transport Association (IATA) has reported. (IATA was the representative body for the global airline industry.) Total passenger demand was up 11%, with international demand rising 15.8% and domestic demand increasing 4%. Total capacity rose 9.6%, with international capacity increasing by 14.8% and domestic capacity by 2.1%. The total global load factor in April was 82.4%, which was a one percentage point (ppt) increase, y-o-y. The international load factor was 82.2% (up 0.7 ppt) and the domestic load factor reached 82.6% (a rise of 1.5 ppt).
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Nigeria secures $500m World Bank loan for electricity sector
Published: 31 May 24
Nigeria has secured a $500-million World Bank loan for its electricity sector to boost power distribution, after last month's hike in tariffs for top consumers in Africa's most populous nation. The Bureau of Public Enterprise (BPE), the country's privatisation agency, on Thursday said the loan was approved by the World Bank in 2021 and included the government's borrowing plan this month after achieving some milestones.
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UKZN using automated solution to monitor, support students' academic and holistic wellness
Published: 31 May 24
The University of KwaZulu-Natal (UKZN) has piloted an automated student academic and holistic wellness solution among 9 000 students in the College of Health Sciences and aims to roll the solution out to the entire university of 53 000 students, UKZN student support services manager Dr Saloschini Pillay has said. The automated student wellness and academic transformation (SWAT) programme evolved from the Teaching and Learning and Student Support Services, and the Academic Monitoring and Support programmes the university put in place in 2005 to support especially first-year students through regular engagement.
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Unpacking the conditions for meeting burgeoning copper demand
Published: 31 May 24
With copper demand expected to increase from 28.3-million tonnes in 2020 to 41-million tonnes by 2040 at a compound yearly growth rate of 1.85%, and many regions gearing up supply chains for critical metals, JSE- and ASX-listed Orion Minerals CEO and MD Errol Smart says it will be the responsible mining companies that will rise to the demand challenge and be competitive in the market. Copper mining sites globally have “less than satisfactory” environmental and social management practices, but funders and offtakers are increasingly supporting mining companies with solid environmental, social and governance (ESG) credentials, he tells Engineering News & Mining Weekly.
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Arizona Hydrogen, US
Published: 31 May 24
Fortescue plans to build a hydrogen facility with a capacity of 11 000 t/y of liquid green hydrogen.
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