{"id":580964,"date":"2023-01-30T13:28:14","date_gmt":"2023-01-30T13:28:14","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/a-series-of-unfortunate-events-for-global-food-supplies-could-we-soon-unlock-more-efficient-solar-cell-tech\/"},"modified":"2023-01-30T13:28:14","modified_gmt":"2023-01-30T13:28:14","slug":"a-series-of-unfortunate-events-for-global-food-supplies-could-we-soon-unlock-more-efficient-solar-cell-tech","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/a-series-of-unfortunate-events-for-global-food-supplies-could-we-soon-unlock-more-efficient-solar-cell-tech\/","title":{"rendered":"A series of unfortunate events for global food supplies + Could we soon unlock more efficient solar cell tech?"},"content":{"rendered":"

<\/a> Global food supplies continue to grapple with a run of bad luck:<\/strong> International food supplies are still at risk despite recent declines in food prices on international markets, agriculture analysts warn, according to the Financial Times<\/a>. The most imminent threat is posed by the potential discontinuation of the Black Sea Grain Initiative<\/a> between Russia and Ukraine, whose renewal upon expiry in March is uncertain. Brokered by Turkey and the UN in July, the agreement has enabled Ukraine to resume its grain exports via the Black Sea after a complete blockade by Russia<\/a> triggered a food crisis and sent prices rocketing.<\/p>\n

Geopolitical tensions and climate change could also hobble supplies:<\/strong> Financial institutions, ins. providers, and transporters have been reluctant to take on business<\/a> related to the export of Russian food and fertilizers amid concerns of exposure to sanctions \u2014 even though many Russian crops and fertilizers are exempt from the EU\u2019s punitive measures. Global crop production is also in for a heat stroke this year, further compounding the issue. Forecasts indicate that 2023 will see the return of the El Ni\u00f1o climate phenomenon, which recurs every few years with a warming effect on the Pacific Ocean\u2019s surface accompanied by extreme weather conditions, such as droughts in some areas and excessive rainfall in others.<\/p>\n

EMs are set to face a unique set of hurdles:<\/strong> In developing countries, currencies losing ground to a strong USD could keep domestic costs of food supplies high even as international prices fall. \u201cThat means food inflation for consumers is likely to persist for several quarters due to the lag of about a year for internationally traded prices to work their way through to retail supply chains,\u201d the FT says.<\/p>\n

\n

<\/a> New, more advanced solar cell technology that\u2019s been bogged down by setbacks could<\/strong> soon get its day in the sun with new research:<\/strong> High-performing perovskite solar cells (PSC), an emerging photovoltaic technology, could mark a significant advancement in the solar energy field by allowing for more efficient and durable solar panels, according to MIT<\/a>. However, PSC has several drawbacks, including its high cost, instability, and complex manufacturing \u2014 all issues which Chinese-Swiss scientists are looking to address with new research that could pave the way for more widely available and affordable solar energy production. The joint study<\/a> created a new model using a transparent conducting oxide (TCO) and affordable \u201cmetal composite electrode,\u201d which can prevent ion movements and chemical reactions between the metal and perovskite, leading to significant improvements in composite electrodes. The composite electrode-PSCs has created a promising potential for stable and faster PSC manufacturing, increased power conversion efficiency (PCE) by 23.7%, and preserved 95% of the original PCE charge.<\/p>\n

Sub-Saharan Africa gets tech fund from impact investor:<\/strong> Private equity firm Convergence Partners raised USD 296 mn to purchase technology assets in Africa, including data centers and subsea fiber optics cables, Bloomberg<\/a> reports. This capital raise \u2014 one of the first private equity funds obtained for sub-Saharan Africa in 2023 \u2014 brings Covergence\u2019s total funds under management to about USD 600 mn, according to Chairman Andile Ngcaba.<\/p>\n

Narrowing the continent\u2019s digital divide: <\/strong>Sub-Saharan Africa\u2019s population is rapidly growing and is on track to double to more than 2 bn by 2050, according to The Guardian<\/a>. The continent\u2019s growing youth is increasingly using their phones for services like online banking and shopping. In order to close the gap between those with access to computers and the internet and those that do not by 2023, the continent needs an additional 700 data centers \u2014 around USD 100 bn in investment, according to Ngcaba. Convergence wants to contribute some of the funding necessary to address the digital divide, he said.<\/p>\n","protected":false},"excerpt":{"rendered":"

Global food supplies continue to grapple with a run of bad luck: International food supplies are still at risk despite recent declines in food prices on international markets, agriculture analysts warn, according to the Financial Times. The most imminent threat is posed by the potential discontinuation of the Black Sea Grain Initiative between Russia and […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"single-feature.php","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[7215],"tags":[147,317,633,638,151],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-580964","post","type-post","status-publish","format-standard","hentry","category-for-your-commute","tag-climate-change","tag-commodities","tag-enterprisepm","tag-for-your-commute","tag-renewables","wpautop","entry"],"acf":{"mongo_id":"44409cd4-a4d3-4dcb-9142-62918bc9b63b","order":"0","is_powered_by":true,"story_type":"1","photo_url":"","photo_position":"above","related_issue":[580959],"teaser":"","voice_url":""},"yoast_head":"\nA series of unfortunate events for global food supplies + Could we soon unlock more efficient solar cell tech? - EnterpriseAM Egypt<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/egypt\/2023\/01\/30\/a-series-of-unfortunate-events-for-global-food-supplies-could-we-soon-unlock-more-efficient-solar-cell-tech\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A series of unfortunate events for global food supplies + Could we soon unlock more efficient solar cell tech?\" \/>\n<meta property=\"og:description\" content=\"Global food supplies continue to grapple with a run of bad luck: International food supplies are still at risk despite recent declines in food prices on international markets, agriculture analysts warn, according to the Financial Times. 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The country exported some 1.7 mn tons of wheat in March, with shipments running at a \u201crapid\u201d rate in the second half of the month after an initial slowdown\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/83.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":550757,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/04\/20\/war-in-europes-breadbasket-could-send-mns-into-hunger-worldwide\/","url_meta":{"origin":580964,"position":2},"title":"War in Europe\u2019s breadbasket could send mns into hunger worldwide","author":"enterpriseam admin","date":"20 April 2022","format":false,"excerpt":"The war in Ukraine is bad news for food security: It\u2019s no secret that Russia\u2019s ongoing war in Ukraine is bad for economies the world over. The main worry for most is a slowdown in growth, after the war sent energy and food prices skyrocketing. But while wealthier countries can\u2026","rel":"","context":"In "FOOD SECURITY"","block_context":{"text":"FOOD SECURITY","link":"https:\/\/enterpriseam.com\/egypt\/category\/food-security\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/4\/515.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":544382,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/03\/01\/were-struggling-to-find-new-wheat-supplies\/","url_meta":{"origin":580964,"position":3},"title":"We\u2019re struggling to find new wheat supplies","author":"enterpriseam admin","date":"1 March 2022","format":false,"excerpt":"State grain buyer GASC was forced to cancel its wheat tender yesterday on the back of high prices, Bloomberg reports, as global grain markets face turmoil on the back of Russia\u2019s invasion of Ukraine. The two countries together account for nearly a third of the world\u2019s wheat supply, and some\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/3\/3.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":546380,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/05\/15\/india-bans-wheat-exports-to-all-except-vulnerable-countries\/","url_meta":{"origin":580964,"position":4},"title":"India bans wheat exports to all except \u201cvulnerable countries\u201d","author":"enterpriseam admin","date":"15 May 2022","format":false,"excerpt":"India has joined the growing wave of food protectionism and banned wheat exports amid surging local prices and a severe heatwave that is threatening to hit production. The government announced (pdf) on Friday that it is prohibiting the export of wheat to \u201cmanage the overall food security of the country\u201d\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/5\/176.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":543949,"url":"https:\/\/enterpriseam.com\/egypt\/2022\/02\/27\/fresh-wheat-tender-on-monday-after-war-breaks-out-between-top-suppliers-russia-ukraine\/","url_meta":{"origin":580964,"position":5},"title":"Fresh wheat tender on Monday after war breaks out between top suppliers Russia + Ukraine","author":"enterpriseam admin","date":"27 February 2022","format":false,"excerpt":"State grain buyer issues fresh wheat tender as war in Ukraine threatens supply: State grain buyer GASC will look to buy 55-60k tonnes of wheat in an international tender tomorrow, according to the authority\u2019s website.The bid comes days after GASC called off a wheat tender due to a lack of\u2026","rel":"","context":"In "Commodities"","block_context":{"text":"Commodities","link":"https:\/\/enterpriseam.com\/egypt\/category\/industries\/commodities\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/ent.news\/2022\/2\/368.jpg?fit=%2C&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/580964","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/comments?post=580964"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/posts\/580964\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/afternoon\/580959"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/media?parent=580964"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/categories?post=580964"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/tags?post=580964"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/brand?post=580964"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/egypt\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=580964"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}