Category: COVER

  • “Trump’s unfounded attack on Cyril Ramaphosa was an insult to all African”-President John Dramani Mahama

    If we want to solve injustices in Africa today, we cannot forget the injustices that shaped our shared history
     
    The meeting at the White House between Donald Trump and the South African president, Cyril Ramaphosa, was, at its heart, about the preservation of essential historical truths.
     
    The US president’s claims of white genocide conflict with the actual racial persecution and massacres that took place during the two centuries of colonisation and nearly 50 years of apartheid in South Africa.

    It is not enough to be affronted by these claims, or to casually dismiss them as untruths. These statements are a clear example of how language can be leveraged to extend the effects of previous injustices.

    This mode of violence has long been used against Indigenous Africans. And it cannot simply be met with silence – not any more.

    The Kenyan writer Mzee Ngũgĩ wa Thiong’o wrote: “Language conquest, unlike the military form, wherein the victor must subdue the whole population directly, is cheaper and more effective.”

    African nations learned long ago that their fates are inextricably linked. When it comes to interactions with the world beyond our continent, we are each other’s bellwether.

    In 1957, the year before my birth, Ghana became the first Black African country to free itself from colonialism. After the union jack had been lowered, our first prime minister, Dr Kwame Nkrumah, gave a speech in which he emphasised that, “our independence is meaningless unless it is linked up with the total liberation of Africa”.

    Shortly after, in 1960, was the Sharpeville massacre in South Africa, which resulted in 69 deaths and more than 100 wounded. In Ghana, thousands of miles away, we marched, we protested, we gave cover and shelter.

    A similar solidarity existed in sovereign nations across the continent. Why? Because people who looked like us were being subjugated, treated as second-class citizens, on their own ancestral land. We had fought our own versions of that same battle.

    I was 17 in June 1976, when the South African Soweto uprising took place. The now-iconic photo of a young man, Mbuyisa Makhubo, carrying the limp, 12-year-old body of Hector Pieterson, who had just been shot by the police, haunted me for years.

    It so deeply hurt me to think that I was free to dream of a future as this child was making the ultimate sacrifice for the freedom and future of his people. Hundreds of children were killed in that protest alone. It is their blood, and the blood of their forebears that nourishes the soil of South Africa.

    The racial persecution of Black South Africans was rooted in a system that was enshrined in law. It took worldwide participation through demonstrations, boycotts, divestments and sanctions to end apartheid so that all South Africans, regardless of skin colour, would be considered equal.

    Nevertheless, the effects of centuries-long oppression do not just disappear with the stroke of a pen, particularly when there has been no cogent plan of reparative justice.

    Despite making up less than 10% of the population, white South Africans control more than 70% of the nation’s wealth. Even now, there are a few places in South Africa where only Afrikaners are permitted to own property, live, and work.

    At the entrance to once such settlement, Kleinfontein, is an enormous bust of Hendrik Verwoerd, the former prime minister who is considered the architect of apartheid.

    Another separatist town, Orania, teaches only Afrikaans in its schools, has its own chamber of commerce, as well as its own currency, the ora, that is used strictly within its borders.

    It has been reported that inside the Orania Cultural History Museum there is a bust of every apartheid-era president except FW de Klerk, who initiated reforms that led to the repeal of apartheid laws.

    Both Kleinfontein and Orania are currently in existence, and they boast a peaceful lifestyle. Why had the America-bound Afrikaners not sought refuge in either of those places?

    Had the Black South Africans wanted to exact revenge on Afrikaners, surely, they would have done so decades ago when the pain of their previous circumstances was still fresh in their minds. What, at this point, is there to be gained by viciously killing and persecuting people you’d long ago forgiven?

    According to the UN Department of Economic and Social Affairs, half of the population of South Africa is under 29, born after the apartheid era and, presumably, committed to building and uplifting the “rainbow nation”. For what reason would they suddenly begin a genocide against white people?

    Ramaphosa was blindsided by Trump with those unfounded accusations and the accompanying display of images that were misrepresented – in one image, pictures of burials were actually from Congo. Trump refused to listen as Ramaphosa insisted that his government did not have any official policies of discrimination.

    “If you want to destroy a people,” Archbishop Desmond Tutu once said, “you destroy their memory, you destroy their history.” Memory, however, is long. It courses through the veins of our children and their children.

    The terror of what we have experienced is stored at a cellular level. As long as those stories are told, at home, in church, at the beauty and barber shop, in schools, in literature, music and on the screen, then we, the sons and daughters of Africa, will continue to know what we’ve survived and who we are.

    Mzee Ngũgĩ wa Thiong’o wrote: “The process of knowing is simple. No matter where you want to journey, you start from where you are.” We journey forward with a history that cannot be erased, and will not be erased. Not while there are children dying in the mines of the Congo, and rape is being used as a weapon of war in Sudan.

    Our world is in real crisis; real refugees are being turned away from the borders of the wealthiest nations, real babies will die because international aid has been abruptly stopped, and real genocides are happening in real time all across the globe.

    SOURCE

    THE GUARDIAN ONLINE

  • ACCRA, Ghana, May 28, 2025/ — The Mining in Motion Summit (MininginMotionSummit.com) is pleased to announce the participation of Hon. Ibrahim Murtala Muhammed, Ghana’s Minister for Environment, Science, Technology and Innovation, as a speaker. Hon. Muhammed’s involvement underscores the government’s commitment to environmentally responsible mining, technological innovation and scientific advancement in the extractive sector.

    As the head of the ministry leading innovation and sustainability, Hon. Muhammed is spearheading initiatives to align mining operations with national development goals and environmental stewardship. His efforts include forging partnerships with global public and private stakeholders to implement science-based solutions and sustainable practices.

    In April 2025, the Minister met with Park Kyongsig, Ambassador of the Republic of Korea (apo-opa.co/45r33JW) to Ghana, to explore bilateral cooperation on climate change and environmental protection. Their discussions centered on leveraging Korean expertise to restore water bodies impacted by illegal mining and address the root causes of environmental degradation.

    In February 2025, Hon. Muhammed reiterated the government’s commitment (apo-opa.co/4dV4wKZ) to leveraging local innovation as a driver of economic growth, particularly within key industries like mining, which continues to play a vital role in Ghana’s economy. Gold exports reached $11.6 billion in 2024, accounting for 57% of the country’s total export revenue, highlighting the sector’s significance in national development.

    In line with modernization efforts, the government, through the Minerals Commission of Ghana (apo-opa.co/3H8AM0P), is equipping the next generation of workers with skills in emerging technologies such as drones, which are being deployed to support automation and improve sector monitoring.

    Under the World Bank-funded Ghana Landscape Restoration and Small-Scale Mining Project (apo-opa.co/4kHR9Qr), the country is actively addressing land degradation and promoting sustainable practices among artisanal and small-scale miners, ensuring mining sector contribution to economic growth and long-term environmental and social sustainability.

    At Mining in Motion, Hon. Muhammed will engage with key stakeholders from the mining industry, academia and civil society to exchange insights on policy, innovation and the future of mineral resource governance in Ghana.

    The summit, led by the Ashanti Green Initiative under the leadership of Oheneba Kwaku Duah, Prince of the Ashanti Kingdom, is hosted in partnership with the World Bank and the World Gold Council.

    Distributed by APO Group on behalf of Energy Capital & Power.

    For sponsorship opportunities or delegate participation, contact: 
    sales@ashantigreeninitiative.org

    About Mining in Motion Summit:
    Stay informed about the latest advancements, network with industry leaders, and engage in critical discussions on key issues impacting small-scale miners and medium to large scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting www.MininginMotionSummit.com.

    SOURCE
    Energy Capital & Power

  • Development of Islamic banking in Russia possible through a dual banking system — ministry

    “It comes to the parallel functioning of the traditional and Islamic banking sectors, as has already been implemented in Malaysia, Kazakhstan, and Azerbaijan,” Deputy Economic Development Minister Dmitry Volvach said

    MINERALNYE VODY /Stavropol Region/, May 27. /TASS/. Further development of the experiment on the introduction of partnership financing, aka Islamic banking, is possible through the creation of a dual banking system in Russia, Deputy Economic Development Minister Dmitry Volvach said at the Caucasus Investment Forum (CIF).

    “One of the possible ways for further development [of partnership financing] is seen in the formation of a dual banking system, when it comes to the parallel functioning of the traditional and Islamic banking sectors, as has already been implemented in Malaysia, Kazakhstan, and Azerbaijan. Of course, this will require a serious update of the regulatory framework, a large layer of professional personnel, <…> appropriate modern digital platforms and mechanisms, integration with existing institutions,” Volvach said at the session “Partnership Financing and International Cooperation.”

    According to him, such an approach will increase the stability of the entire financial system, and also “open access to new sources of investment liquidity.”

    “Russia will be able to actively interact with OIC member states to create investment platforms, support infrastructure, environmental and social projects,” he added.

    According to the Deputy Minister, the principles of Islamic banking are in harmony with the ESG concept (environmental – ecology, social – social sphere, governance – corporate management).

    “The values of Sharia particularly emphasize fairness, ethics and sustainability, which makes Islamic financing a natural partner in the ESG transformation of the economy and in the corresponding international agenda. This creates the potential for issuing green bonds, social funds, attracting investors focused on sustainable development,” Volvach stressed.

    According to him, today partner financing represents a “strategic development reserve” that can ensure the influx of additional investment into the country’s economy in the face of external challenges and pressure.

    “Fulfilling the potential will require further consolidation of the efforts of the state and business, harmonization of legislation, digitalization of processes, integration of the global financial structure, but such an approach will certainly create a reliable foundation for further sustainable investment growth,” Volvach noted.

    The experiment on the development of partnership financing is taking place from September 1, 2023 to September 1, 2025 in Russia’s republics of Bashkiria, Tatarstan, Chechnya and Dagestan. Earlier, a bill was introduced to the State Duma, the lower house of the Russian parliament, to extend the experiment until September 1, 2028.

    Islamic banking means conducting banking activities in accordance with Islamic norms. Payment of interest and derivative interest transactions, transactions with conditions of uncertainty, as well as financing of certain sectors of the economy such as gambling, pork production, alcoholic beverages, tobacco, weapons, ammunition are banned.

    You cannot finance trade in all abovementioned areas. Common Islamic banking operations are installments, leasing, and equity financing.

    The Caucasus Investment Forum is underway in Stavropol from May 25 to 27 on the territory of the exhibition center Minvodyexpo. TASS is the information partner of the event.

    SOURCE

    RUSSIAN NEWS AGENCY

  • Afreximbank and Zep-Re launch the Trans-Africa Bond Alliance (TABA)

    Afreximbank and Zep-Re launch the Trans-Africa Bond Alliance (TABA)

    The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Zep-Re (PTA Reinsurance Company) have  launched the Trans-Africa Bond Alliance (TABA), a transformative initiative, designed to bridge the insurance capacity gap and empower African contractors to secure more construction and procurement projects while boosting cross-border trade and enhancing the movement of goods and investment across Africa,said an official statement issued in Nairobi,Friday.

    By providing robust transit guarantee mechanisms, the joint venture between Afreximbank and Zep-Re is expected to reduce trade barriers, lower costs, and improve efficiency in the movement of goods across Africa. Moreover, TABA will promote seamless cross-border trade and the growth of trade insurance business within the continent, all within the transformative framework of the African Continental Free Trade Agreement (AfCFTA), which aims to create a single market for goods and services across 54 countries.

    By facilitating seamless transit trade, TABA will strengthen the trade insurance sector, making it easier for businesses to operate with confidence while minimising financial risks.

    Speaking at the launch, H.E Veronica M. Nduva, CBS, Secretary General of the East African Community (EAC) noted, “The East African Community has long been committed to fostering regional integration and economic development. Indeed, our two pillars of the four of establishment are a customs union and a common market.

    The establishment of TABA aligns seamlessly with our regional integration program, which aims to enhance cross border trade, reduce trade costs and promote economic growth across the continent with simplified trade regimes.”

    Africa has around 110 borders, with 16 land-locked countries relying on complex and costly trade processes. According to African Development Bank (https://apo-opa.co/42cf7vn), transport charges in some cases exceeding the value of goods being traded. With TABA, traders can transport goods from Cape Town to Cairo using a single transit bond, significantly reducing delays and cutting trade costs.

    This transformative solution enhances the efficiency of African supply chains while ensuring customs authorities receive guaranteed revenue in the event of procedural breaches.

    The establishment of TABA builds on decades of efforts to bolster intra-African trade through key financial and insurance institutions. By leveraging expertise from these institutions; Afreximbank, which is playing a critical role in trade finance and facilitation since its founding in 1993, and ZEP-RE, a leading reinsurance provider supporting trade insurance solutions across Africa,

    TABA aims to address the challenges businesses face in navigating Africa’s diverse regulatory environments. The alliance will harmonize trade practices and introduce a standardised framework that ensures secure, predictable, and efficient trade movement.
    Mr Denys Denya, Senior Executive Vice President of Afreximbank, said:

    “Today we forge a new alliance to dismantle the artificial barriers and tighten the bolts and nuts of the wheels of trade and investment flows across national borders. This couldn’t have come at any other time than now, when the pillars of global cooperation and integration are being disintegrated, and fragmentation, isolationism and protectionism have taken hold in our world.

    Through this collaboration, our goal is not to displace local operators but to boost the capacity and efficiency of interstate transit regimes, paving the way for a continental framework under the AfCFTA.”

    Ms Hope Murera, Managing Director and CEO of Zep-Re (PTA Reinsurance Company), noted during the launch the impact TABA would make in Africa trade ecosystem. She said, “Today, we are not just unveiling a new partnership—we are ushering in a new era. One that reimagines how we facilitate trade, manage risk, and support cross-border movement across our continent.

    ZEP-RE’s experience and impact through flagship regional programs demonstrates what is possible when vision meets action.  TABA represents a shared vision—a vision where Africa is connected by bridges of opportunity, not barriers”.

    TABA introduces a streamlined approach to trade facilitation by leveraging Transit Bonds, Performance Bonds, and Standby Letters of Credit (SBLCs) to guarantee the secure movement of goods. This initiative will:

    • Enhance trade efficiency by eliminating delays caused by multiple national bond requirements,
    • Boost investor confidence through a structured and transparent customs guarantee system,
    • Reduce trade costs, making African exports more competitive on a global scale,
    • Ensure compliance with customs regulations, preventing illicit trade and securing revenue for governments and
    • Expand market opportunities for African businesses by enabling smoother cross-border trade.

    Following today’s launch, key stakeholders will engage in B2B meetings and marketplace interactions to discuss strategies for implementing TABA across Africa. The alliance will also roll out an awareness campaign to educate businesses and financial institutions on the benefits and operational framework of the new system.

    Distributed by APO Group on behalf of Afreximbank.

    Media Contact:
    Vincent Musumba
    Communications and Events Manager (Media Relations)
    Email:press@afreximbank.com

    Media Contact:
    Richard Ryaganda
    Senior Communications Officer
    Email: rryaganda@zep-re.com

  • Africa Energy Bank Gears Up for H1 2025 Launch

    Africa Energy Bank Gears Up for H1 2025 Launch

    BRAZZAVILLE, Congo (Republic of the), March 27, 2025/ — Ahead of its H1 2025 launch, the Africa Energy Bank – developed jointly by Afreximbank and the African Petroleum Producers Organization (APPO) – is positioning itself to tackle major challenges in financing, technology and market reliability to accelerate Africa’s oil and gas sector development.

    Speaking at the Congo Energy & Investment Forum in Brazzaville, Dr. Omar Farouk Ibrahim, Secretary General of APPO, reaffirmed the launch timeframe and underscored the urgency of establishing the bank to address the continent’s energy needs.

    “We should not rest and wait for other countries to develop our own projects,” he said, adding, “At APPO, we have noted three specific challenges for the African continent: finance, technology and reliable markets.”

    With an initial capital of $5 billion, the bank has allocated $1.5 billion for APPO member countries. It will primarily finance oil and gas projects, engage in trading and manage risks.

    Countries such as Ghana, Nigeria and Angola have already expressed support for the bank’s objectives. The Republic of Congo has acquired $83.33 million in shares, reinforcing its commitment to the bank’s mission.
    Distributed by APO Group on behalf of Energy Capital & Power.

    SOURCE

    Energy Capital & Power

  • Dubai WoodShow 2025 to Host Global Traders & Experts in Timber and Logistics Markets

    Dubai WoodShow 2025 to Host Global Traders & Experts in Timber and Logistics Markets

    The highly anticipated Dubai WoodShow 2025 the premier platform for the wood and woodworking machinery industry in the Middle East and North Africa, scheduled to take place from April 14 to 16, 2025, will convene leading industry professionals, traders, experts, and key stakeholders from across the global timber and logistics markets,the event organizers said in an official statement issued in Dubai,Thursday

    Alongside the exhibition, the event will serve as a premier platform for discussions on market trends, innovations, and emerging opportunities within the sector. Attendees will gain valuable insights through a series of expert-led panel discussions and sessions designed to address critical industry developments.

    Key Sessions and Distinguished Speakers

    North African Timber Market Outlook

    Industry specialists will examine the timber trade landscape in North Africa, highlighting key opportunities and challenges. Featured speakers include:

    • Sabrina Maouche, Sales Representative, Fiskarheden
    • Karim Gouda, Business Director, GOUDA INVEST AB
    • Guillaume Hotelin, Deputy CEO, Robelbois

    Central European Timber Market Dynamics

    A comprehensive analysis of timber market trends and developments in Central Europe, featuring:

    • Gregor Triltsch, Sales Director, Sawn Timber International, Pfeifer
    • Mario Ehlers, Sales Director, ILIM TIMBER

    Scandinavian & Nordic Timber Market Insights

    Insights into evolving trends shaping the Scandinavian and Nordic timber markets with:

    • Olle Berg, Executive Vice President, Market/Sales & Business Development, Setra
    • Gustav Nyren, CEO, ELE

    MENA Market Outlook

    An in-depth discussion on the future of the timber industry in the Middle East and North Africa, featuring:

    • Amir Rashad, CEO & Founder, Timber Exchange

    Global Ocean Freight Market Analysis

    A critical examination of global ocean freight trends and their implications for timber logistics, featuring:

    • Patrik Patriksson, Senior Chartering Manager, NORDEN
    • Jacob Lind, Chartering – Timber, GOTHENBURG CHARTERING

    North American Lumber Market Outlook

    Leading experts will provide insights into the North American lumber sector:

    • Russ Taylor, Founder & Consultant, Russ Taylor Global
    • Frank Turnbull, Director, US Lumber Sales, Mercer Timber Products
    • David Trent, Senior Vice President, Business Development, Canfor

    Indian and Pakistani Timber Markets

    An exploration of the evolving timber markets in India and Pakistan, featuring:

    • Ayush Gupta, Director, Shree AK Impex
    • Abbas Ali, Founder, World of Timber
    • Shahzad Sabir, CEO, K.U. Trading Company

    European Timber Market Outlook

    A detailed discussion on the European timber industry with insights from:

    • Jesper Egsmark, Group Sourcing and Category Manager, Stark Sourcing
    • Sampsa J. Auvinen, Chairman, CEB-Bois

    Global Lumber Market Forecast

    A forward-looking analysis of global lumber market trends, featuring:

    • Amir Rashad, CEO & Founder, Timber Exchange

    Packaging and Pallet Market Trends

    An exploration of the latest developments in packaging and pallet industries, featuring:

    • Thomas Gents, COO & Executive Board Member, PalletBiz

    GCC & Levant Timber Market Trends

    Insights into the timber industry within the GCC and Levant regions with:

    • Vikash Nihalani, Vice President, PVS
    • Yahia Saidi, General Manager, Al Essami

    The Future of Value-Added Timber in the MENA Region

    An examination of the advancements in value-added timber, featuring:

    • Turki Alotaibi, Chairman, Naqsh

    South American and Australian Timber Market Dynamics

    A comprehensive analysis of timber industry developments in South America and Australia, featuring:

    • Daniel Kokot, Commercial Manager, Berneck
    • Ryan Wolters, Vice President of Sales, CMPC

    Innovative Technologies in Timber and Forestry

    A showcase of cutting-edge technologies shaping the timber and forestry sectors, featuring:

    • Martin Schulze, CEO, BlueBox Systems
    • Levi Farrand, Founder & CEO, DeepForestry
    • Christoffer Johnsson, CEO & Co-Founder, Taigatech

    Join Global Leaders in the Timber & Wood Industry at Dubai WoodShow 2025

    The Dubai WoodShow 2025 remains the foremost international platform for networking, knowledge exchange, and business development in the timber and woodworking sectors. With an extensive program of expert-led discussions, the event promises to deliver invaluable industry insights and strategic business opportunities.

    For further details and to register for the event, please visit [https://www.woodshowglobal.com/dubai].

    -Ends-

     

  • Ghana Drives Small-Scale Gold Mining (ASGM) Growth, Sustainable Mining with Global Partnerships

    Ghana Drives Small-Scale Gold Mining (ASGM) Growth, Sustainable Mining with Global Partnerships

    ACCRA, Ghana, March 26, 2025/ — Ghana is strengthening its collaboration with international partners to enhance (https://apo-opa.co/4kYCvVX) its small-scale gold mining (ASGM) sector and the broader gold value chain for socioeconomic development.
    The Ashanti Green Initiative, led by Oheneba Kwaku Duah, Prince of Ghana’s Ashanti Kingdom, is spearheading the inaugural Mining in Motion Summit in partnership with the World Bank and the World Gold Council.
    Scheduled for June 2-4, 2025 in Accra, the summit brings together stakeholders from Ghana’s ASGM sector, major mining players and global investors to discuss best practices for further empowering the ASGM industry.
    In 2024 alone, ASGM contributed $5 billion in export revenue and employed over one million people, underscoring its significance in Ghana’s mining landscape and economy.

    Global Partnerships and ASGM Growth 

    Ghana is also implementing (https://apo-opa.co/3QLQQXV) the Ghana Landscape Restoration and Small-Scale Mining Project, in partnership with the World Bank, to formalize the ASGM sector through the empowerment of District Mining Committees. Given the sector’s potential for job creation, the project plays a crucial role in advancing Ghana’s employment and economic growth agenda.

    Additionally, Ghana is leveraging expertise and financing from global partners to enhance local value addition.
    The country’s Central Bank and India’s Rosy Royal Minerals have been operating the Royal Ghana Gold Refinery (https://apo-opa.co/4c2ec58) since its launch in August 2024.
    The facility presents a transformative opportunity for the ASGM industry, enabling greater contributions to GDP growth through value-added gold products. In November 2024, the Minerals Income Investment Fund of Ghana partnered with South Africa’s Mintek to boost the technical expertise of local miners.

    Global Cooperation on Industrial Mining 

    Ghana’s industrial mining sector is also witnessing significant international cooperation, with new projects set to expand production. Cardinal Resources is set to boost Ghana’s gold output by 358,000 ounces with the launch of the Namdini Mine in mid-2025, while Newmont’s Ahafo North Project will add another 325,000 ounces in the second half of the year.Meanwhile, Canadian mining firm Asante Gold is preparing to select a contractor for its Bibiani Mine Expansion Project in Q3 2025.

    The UAE, which accounted for 40% of Ghana’s gold exports in 2024, continues to play a significant role in the sector’s expansion. UAE-based Emiral Resources Limited, the majority shareholder in Asante Gold, is investing in new mines and the modernization of existing facilities in Ghana through Asante Gold’s $525 million expansion strategy.

    Amid increasing global partnerships in Ghana’s mining sector, Mining in Motion 2025 seeks to expand these collaborations, providing a platform for deal signings and strategic partnerships to promote responsible and sustainable gold mining.

    The event will feature high-level panel discussions and exhibitions from key decision-makers, including Otumfuo Osei Tutu II, King of the Ashanti Kingdom; H.E. John Dramani Mahama, President of Ghana; and representatives from the United Nations, African Union and ECOWAS, highlighting lucrative investment opportunities in Ghana’s burgeoning gold mining sector.

    Stay informed about the latest advancements, network with industry leaders, and engage in critical discussions on key issues impacting ASGM and medium- to large-scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting www.MininginMotionSummit.com.

    For sponsorship opportunities or delegate participation, contact Sales@ashantigreeninitiative.org
    Distributed by APO Group on behalf of Energy Capital & Power.

    SOURCE

    Energy Capital & Power

  • Ministry of Tolerance and Coexistence Announces the Third Edition of the “World Governments as Incubators for Tolerance” Conference at AIM Congress 2025

    Ministry of Tolerance and Coexistence Announces the Third Edition of the “World Governments as Incubators for Tolerance” Conference at AIM Congress 2025

    In its ongoing commitment to fostering global values of tolerance and coexistence, the Ministry of Tolerance and Coexistence is set to organize the third edition of the “World Governments as Incubators for Tolerance” conference,the Ministry disclosed in an official statement, in Abu Dhabi,Wednesday.

    Under the theme “A Balanced Approach to Prosperity,” this significant event will convene during the second day of the AIM Congress 2025, scheduled from April 7 to 9 at the Abu Dhabi National Exhibition Centre (ADNEC).

    The conference aims to bring together a distinguished assembly of officials, policymakers, and experts from around the globe to deliberate on effective frameworks and mechanisms for embedding a culture of tolerance as a foundational element in constructing stable and sustainable societies.

    Emphasis will be placed on enhancing collaboration among governments, civil society, and the private sector. Key discussions will address the significance of mutual understanding and respect in tackling global challenges, including inequality and social unrest, often stemming from cultural disparities and ideological divides.​

    In today’s interconnected world, promoting a culture of tolerance is pivotal for bolstering economic and social stability. Societies that adopt balanced approaches, encouraging inclusive dialogue and cooperation, are better positioned to innovate and achieve sustainable development, thereby contributing to the formation of balanced economies that prioritize individual well-being and fortify long-term economic resilience.​

    His Excellency Sheikh Nahayan bin Mabarak Al Nahyan, Minister of Tolerance and Coexistence, emphasized:​

    “The ‘World Governments: Incubators of Tolerance’ conference embodies the UAE’s vision that tolerance and coexistence are not merely noble human values but essential pillars for building prosperous societies and sustainable economies.

    In light of the escalating challenges confronting the world, it is imperative for governments to collaborate in embedding these values as strategic instruments for enhancing security, stability, and achieving comprehensive development. Through this session, we reaffirm that investing in tolerance is an investment in the future of all humanity.”​

    The conference is designed to cultivate dialogue among policymakers, scholars, and researchers, facilitating the exchange of best practices in promoting tolerance and inclusiveness.

    It will scrutinize the role of government policies in shaping societal attitudes toward diversity and peaceful coexistence, assess the effectiveness of initiatives aimed at fostering a culture of tolerance globally, and identify challenges impeding these efforts across various cultural and political landscapes.

    The insights garnered will inform practical recommendations to assist governments in constructing more inclusive systems and harmonious societies, thereby contributing to stability and sustainable development.​

    Towards Global Partnerships to Promote Tolerance

    Through comprehensive discussions and interactive workshops, the conference seeks to enhance international cooperation and forge strategic partnerships that uphold tolerance as a core value for achieving peaceful coexistence and sustainable economic growth.

    It will serve as a premier platform for dialogue and the exchange of insights on integrating tolerance into policy formulation, contributing to the development of more harmonious and stable societies.​

    The 14th edition of AIM Congress will be held from April 7 to 9, 2025, under the theme “Mapping the Future of Global Investment: The New Wave of a Globalized Investment Landscape – Towards a New Balanced World Structure,” at the Abu Dhabi National Exhibition Centre.

    AIM Congress 2025, an initiative of the AIM Global Foundation, is set to offer a wide range of activities, including events, forums, dialogue sessions, workshops, high-level meetings, the AIM Investment Awards and Exhibition, a start-ups competition, and showcases country-specific investment opportunities, highlighting eight key portfolios: Foreign Direct Investment (FDI), Global Trade, Startups and Unicorns, Future Cities, Future Finance, Global Manufacturing, Digital Economy, and Entrepreneurs.

    For more information, please visit: AIM Congress Official Website

     

  • DLD Unveils ‘IPS 2025 Conference’ Agenda and Keynote Speakers

    DLD Unveils ‘IPS 2025 Conference’ Agenda and Keynote Speakers

    By: Mohammed A.Abu

    Dubai Land Department (DLD) has announced the agenda for the IPS 2025 Conference, which will take place alongside the exhibition from 14 to 16 April 2025 at the Dubai World Trade Centre (DWTC).

    The event will bring together leading real estate professionals, experts, and innovators to discuss key industry developments and emerging trends.

    Majid Al Marri, CEO of the Real Estate Registration Sector at DLD and Chairman of the IPS Organising Committee, emphasised that the IPS Conference underscores Dubai’s commitment to supporting the real estate sector and fostering a dynamic investment environment.

    This was contained in an official statement issued by the Dubai Lands Department(DLD) in Dubai,Teusday.

    The conference,the statement said, serves as a strategic platform for industry leaders and global experts to exchange insights, explore market opportunities, and drive innovation within the real estate sector.

    The conference agenda,it said, will cover key developments in real estate, including technological advancements, smart analytics, future cities, and women’s empowerment in the industry.

    Additionally,discussions it added,will address capital market challenges, supply chain disruptions, and rising costs, providing attendees with valuable insights and best practices from international markets.

    The Role of Proptech: Transforming Real Estate Management

    A key highlight of the conference will be the session titled ‘Proptech Innovation Showcase: From Manpower to Tech-Power – How Modern Property Management is Transition from Labour-Intensive to Technology-Intensive”, which will explore how real estate management is transitioning from labour-intensive operations to advanced, technology-driven systems.

    The discussion will focus on automation, artificial intelligence, and smart property management tools, demonstrating how these innovations enhance operational efficiency, reduce costs, and improve tenant satisfaction, all of which are critical factors in the evolving landscape of smart cities and digital transformation.

    This session will feature industry experts, including:

    • Abdul Azim Osman, Co-Founder – Nawy (Largest Proptech in Africa)
    • Vitaly Berezka, Regional Head Central Asia, MENA & APAC – Plan Radar
    • Alexander Karabet, Founder & CEO – Mansions Owners Association Management
    • Hamdan Al Kaitoob, VP – Head of Property & Community Management – Deyaar Development PJSC
    • Artyom Meltonyan, Founder & CEO – Deluxe Homes

    The Power of Data in Real Estate Investment

    The conference will also feature a keynote presentation by Sam Mahrabod, CEO and Co-Founder of ROOMVU, titled ‘Real Estate Analytics: A Comprehensive Guide on Predictive Analytics for Large Real Estate Asset Owners.’

    The session will explore how predictive analytics can be leveraged to refine investment strategies, optimise asset performance, and drive data-backed decision-making.

    Additionally, Nikki Greenberg, Founder and Chief Innovation Officer at Real Estate of the Future, will present a thought-provoking session on artificial intelligence in real estate titled ‘AI and Machine Learning in Real Estate: How to leverage AI to predict market trends.’ Attendees will gain insights into how AI-powered tools are revolutionising market forecasting, operational automation, and customer engagement in the industry.

    Empowering Women in Real Estate

    A dedicated conference track will focus on women’s leadership in real estate, under the theme ‘Elevating Global Leadership in Real Estate,’ which will include keynote discussions aimed at fostering gender diversity and expanding leadership opportunities for women in the industry.

    One of the conference’s key sessions, ‘Breaking Barriers: Expanding Women’s Leadership in Real Estate,’ will address strategies for achieving gender equality in leadership roles within global real estate markets.

    Another inspiring session, ‘The Power of Resilience: Women Rising Beyond Challenges,’ will showcase female leaders from diverse backgrounds who have overcome obstacles to build successful careers in real estate.

    Panellists will include:

    • Arleen Davis, Global Real Estate Sales Director – Damac Dubai Property
    • Judge Yaqeen Al Hammadi, Judge – Rental Disputes Center UAE
    • Marlene Llamas Leon, Real Estate Advisor – Realtor

    The discussion will delve into the challenges and opportunities for women entrepreneurs in real estate financing, with industry leaders sharing insights on securing investments, navigating financial networks, and overcoming gender biases in the industry.

     Building Strong Client Relationships in the Digital Age

    Building and maintaining strong client relationships has become increasingly critical as technology continues to reshape real estate interactions. Addressing this shift, Georg Ortner, Founder of Mackler Service AG, will lead a Masterclass titled ‘Building Strong Client Relationships in a Digital Age: Strategies for Effective Client Communication and Retention’

    This masterclass will explore key strategies for understanding customer behaviour, enhancing engagement, and establishing long-term trust, equipping attendees with the tools needed to thrive in the evolving real estate landscape.

    A Must-Attend Event for Real Estate Professionals

    IPS 2025 provides an unparalleled platform for investors, developers, and industry professionals to gain expert insights, explore cutting-edge innovations, and forge strategic partnerships. With a carefully curated lineup of sessions and industry leaders, the event is set to be a landmark gathering for the global real estate community.

    For more information and to register for IPS 2025, visit: www.ipscongress.com

     

     

  • Afreximbank breaks ground on historic state-of-the-art Afreximbank African Trade Centre (AATC) in Barbados, first outside Africa

    Afreximbank breaks ground on historic state-of-the-art Afreximbank African Trade Centre (AATC) in Barbados, first outside Africa

    BRIDGETOWN, Barbados, March 25, 2025/ — African Export-Import Bank (Afreximbank) (www.Afreximbank.com/), Africa’s leading Multilateral Financial Institution, made history today when it broke ground on its first-ever state-of-the-art Afreximbank African Trade Centre (AATC) in the Caribbean, marking a pivotal moment for trade relations between Africa and the CARICOM region.

    The US$180 million Barbados AATC, the first to be established outside Africa, is an authentic icon of trade embodying the ambition, resilience, and influence of leading commercial cities in Africa and the Caribbean that serve as dynamic focal points for commerce, fostering regional and global trade connections.

    It is expected to enhance intra-and extra-African trade, with a focus on countries of the Global South through Afreximbank’s Global Africa initiative.

    To facilitate the construction of its iconic AATC in its capital, Bridgetown, the government of Barbados granted Afreximbank 6.4 acres of land at Jemmotts Lane, the former Ministry of Health headquarters.

    Upon completion, the business complex will house Afreximbank’s CARICOM office, a conference facility, a technology and SME incubator, a Digital Trade Gateway, 100 room hotel, and a trade and exhibition centre, as well as office spaces for local, regional and international financial and policy organisations.

    This groundbreaking event marks the official commencement of construction for this historic project and is a significant step in Barbados and CARICOM’s journey towards economic advancement and regional integration.

    Afreximbank initiated the AATC concept following a 2018 Board decision to create trade facilitation hubs in key commercial capitals across Africa.

    These hubs will provide integrated trade information, services, finance, and ancillary facilities. Nine leading commercial cities were subsequently selected to host the network of AATCs across Africa and the Caribbean. They include Abuja (Nigeria), Harare (Zimbabwe), Kampala (Uganda), Cairo (Egypt), Abidjan (Cote d’Ivoire),Yaoundé (Cameroon), Bridgetown (Barbados), Kigali (Rwanda) and Tunis (Tunisia).

    They will serve to link buyers, sellers, suppliers, service providers, enterprises, governments, chambers of commerce, financial institutions, economic development organisations and the general African and global trade and investment community.

    Delivering the keynote address during the event, The Honourable Mia Amor Mottley, Prime Minister of Barbados and Chairman of the Caribbean Community (CARICOM), highlighted the site’s historical significance as the location of Barbados’ first hospital, opened in 1844 to look after the health of emancipated slaves.

    “My government stands proud here today to be able to bring in to the pantheon of financial institutions in this country, Afreximbank, not simply as an entity that is leasing a building from somebody for an office, but as an institution ready to lay roots and foundations in this country – the first AATC outside of Africa, just like Barbados was the first hub (for slaves) outside of the continent of Africa, and in so doing, we send the signal that we intend to be able to reclaim our Atlantic Destiny.”

    She added: “Professor Oramah, I ask you to accept, on behalf of Afreximbank, this clear offer from the Government of Barbados to make available this gesture of over two hectares of land to ensure that the investment will bring jobs to the people of Barbados; that it will bring foreign exchange and investment opportunities to the people of Barbados and the region.”

    Speaking during the groundbreaking, Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, thanked the Hon. Mia Mottley, her government and its people for the warm welcome and for being a strong agent for the reunification of Global Africa and hosting Barbados AATC that will also serve as Afreximbank’s regional CARICOM office.

    Prof. Oramah said: “The Barbados AATC will serve as the gateway for Afri-Caribbean trade and investments, creating opportunities for doing business with the Caribbean and for Caribbeans doing business in Africa.

    He expressed confidence that the project would deliver tangible positive economic, community and social impact to Barbados and the Caribbean region by enhancing trade and fostering sustainable development.

    Prof. Oramah assured the Prime Minister and other leaders present that Afreximbank remained committed to supporting the economic growth and prosperity of Africa and the Caribbean by attracting investments, removing barriers to trade and reshaping the narrative of business in the region.

    The event also featured the official handover of the land for the project from the Government of Barbados to Afreximbank. Construction of the complex is projected to take approximately 30 months, generating around 1,000 direct and indirect jobs during this phase.

    Additionally, about 50 SMEs will benefit from business opportunities as subcontractors and suppliers of construction materials, labour, and other services. Upon completion, the facility will create 300 permanent jobs, significantly contributing to employment.

    The facility will include a hotel, which will boost the supply of hotel rooms in Barbados, critical for tourism promotion. It will also house the Bank’s office as well as lettable office spaces, which are expected to be occupied by Caribbean businesses as well as African Banks and businesses that are already beginning to do business in CARICOM.

    Afreximbank has extended its credit lines to CARICOM to the tune of US$2.5 billion, aiming to bolster the region’s development, particularly on the backdrop of Guyana and Suriname’s new oil discoveries, expected to impact the entire region once fully commercialised.

    In 2024, the Bank provided Barbados with US$25 million for its Cricket World Cup sports complex refurbishment, and currently has deals worth US$500 million in the pipeline.

    Meanwhile, Hon. Dickon Amiss Thomas Mitchell, Prime Minister of Grenada, noted that in the very short period since the Bank landed by choice on the shores of the Caribbean, the region has benefitted tremendously.

    PM Mitchell added: “Grenada will follow Barbados, Guyana and The Bahamas, hosting on July 28 and 29 the Afreximbank Trade and Investment Forum in Grenada. And we do so cognisant of the economic opportunities, trade, investment, financing, the movement of our people, our goods and services between the continent of Africa and the Caribbean.”

    Also participating in the groundbreaking ceremony was Dr. Carla Barnett, Secretary General of CARICOM, Afreximbank’s Board Members, the Bank’s Senior Executive Vice President and Vice Presidents and several other notable local and regional government officials and business leaders.

    Distributed by APO Group on behalf of Afreximbank.

    Media Contact:
    Vincent Musumba
    Communications and Events Manager (Media Relations)
    Email: press@afreximbank.com