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  • Seychelles and Burundi set to reinforce bilateral ties with the accreditation of Ambassador Bukuru

    Seychelles and Burundi set to reinforce bilateral ties with the accreditation of Ambassador Bukuru

    28 April 2023 | Foreign Affairs

    The new Ambassador of the Republic of Burundi to the Republic of Seychelles, H.E. Mr. Alexis Bukuru, presented his credential to President Wavel Ramkalawan during an accreditation ceremony held yesterday morning at State House.

    The President congratulated him as he takes on this new responsibility and expressed his wish that during Ambassador Bukuru’s tenure, diplomatic relations between Seychelles and Burundi will be further reinforced.

    “In welcoming you to your new position, I would like to express my congratulations to you on your appointment to this prestigious position. Your accreditation today, makes a new beginning for our two countries to can work together to consolidate our cooperation and to see how we can support each other in areas of mutual interests,” said President Ramkalawan.

    In this context, discussions between the Head of State and Ambassador Bukuru were based on areas where Seychelles and Burundi can further explore the potential of cooperation, including in Agriculture, investment, tourism, maritime, and education. Both President Ramkalawan and Ambassador Bukuru reciprocated the interest to have a General Cooperation Agreement that will enhance their bilateral relations.

    During his visit to State House, High Commissioner Kasosa also held discussions with the Vice-President, Mr. Ahmed Afif.

    Seychelles and Burundi established diplomatic relations on 15th July 2002. H.E. Ambassador Alexis Bukuru will be based in Pretoria, South Africa.

    Speaking to the local media following the accreditation ceremony, he further underlined the importance for his country and Seychelles to have a General Cooperation Agreement where he spoke about an array of potential cooperation that he wish to materialise during his mandate.

    Also present yesterday morning was the Minister for Foreign Affairs and Tourism, Mr. Sylvestre Radegonde, the Principal Secretary for Foreign Affairs, Ambassador Vivienne Fock-Tave, Director General Bilateral Affairs Division, Department of Foreign Affairs, Ms. Lindy Ernesta, the Principal Counsellor, Bilateral Affairs Division, Foreign Affairs Department, Mrs. Johnette Stephen and Third Secretary, Bilateral Affairs Division, Foreign Affairs Department, Ms. Ingrid Labrosse.

    SOURCE

    State House News

  • King  Ayisoba gears up for Ghana Food Festival in USA

    King Ayisoba gears up for Ghana Food Festival in USA

    Renowned traditional musician and King of Kologo music, King Ayisoba is feverishly preparing to entertain patrons at the upcoming Ghana Food Festival in Delaware, United States of America(USA).

    Organized by First Page Promotions US, in partnership with First Page Foundation Ghana, the Ghana Food Festival would bring together Ghanaian restaurants and chop bars in the US and in the country.

    The event which is planned to project Ghanaian culture, boost tourism, create jobs and strengthen international relations, is scheduled to take place at the Tubman-Garrett Riverfront Park, 80 Rosa Park Delaware from July 28 to 29, 2023.

    Sponsored by H&H Beauty Supply and Salon, Group Construction Company Ltd, KnB Products and Exjuvel Education Centre, the event also enjoys wide Media Partnership of local Ghanaian and US media houses, namely, Voice of the Nation Radio Atlanta, GTV, GTV Lifestyle, Adom TV and Adom FM, Phoboko Radio New jersey, Kings Jersey Radio and TV.

    An excited King Ayisoba, who spoke in an interview in Accra, stated that he was leaving no stone unturned in ensuring that the event is successful.

    “It is a show to showcase Ghana and its culture to the international community, so I want to do my best to leave a mark in their minds about Ghana,” Ayisoba stated.

    He was optimistic the event would put Ghana on the international map as people enjoy local Ghanaian dishes and indigenous traditional music.

    “Our food and music are very unique so we need to use them to tell the good story about Ghana and its people and to help bring tourists down here to see things for themselves.

    “I am going to play my part well and I believe, together, other artistes, exhibitors and organizers would team up to make it great,” he pledged, calling on Ghanaians in the Diaspora and in Ghana to participate in such events.

     

  • The new Zambian High Commissioner to the Republic of Seychelles accredited

    The new Zambian High Commissioner to the Republic of Seychelles accredited

    19 April 2023 | Foreign Affairs

    The new High Commissioner of the Republic of Zambia to the Republic of Seychelles, H.E. Mrs. Joyce Kapampa Kasosa, presented her credentials to President Wavel Ramkalawan yesterday morning during an accreditation ceremony held at State House.

    President Ramkalawan welcomed the High commissioner and congratulated her on being accredited to Seychelles. He also wished her success during her tenure and expressed hope that through her accreditation today, Seychelles and Zambia can further strengthen their bilateral cooperation.

    In this respect, the talks between the Head of State and the newly accredited High Commissioner focused on many areas of mutual interest, including education, health, and other areas where Zambia can share its expertise and help Seychelles in its human resources development programme. They also discussed opportunities to further strengthen cooperation in trade where they both reciprocate the importance for African countries to support one another and further develop in that area.

    The Head of State and Mrs. Kasosa also spoke about avenues of cooperation in areas such as air connectivity, and tourism as well as the possibility of the establishment of a General Cooperation Agreement that will set the pace for further cooperation and exchanges between the two countries.

    During her visit to State House, High Commissioner Kasosa also held discussions with the Vice-President, Mr. Ahmed Afif.

    Zambia and Seychelles established diplomatic relations on 11th  March 1998. High Commissioner Kasosa will be based in Nairobi, Kenya.

    Speaking to the local media following the accreditation ceremony, High Commissioner Kasosa confirmed that her country is committed to supporting Seychelles to advance in its human resources development. She said that she is looking forward to a fruitful engagement with Government entities to further discuss the areas of cooperation. She also plans to meet the Zambian diaspora working here in Seychelles.

    Also present yesterday morning was the Minister for Foreign Affairs and Tourism, Mr. Sylvestre Radegonde, the Principal Secretary for Foreign Affairs, Ambassador Vivienne Fock-Tave, Director General Bilateral Affairs Division, Department of Foreign Affairs, Ms. Lindy Ernesta and Third Secretary at the Department of Foreign Affairs, Ms. Davis Mathiot.

    SOURCE

    (State House News Alert)

     

     

  • OIC General Secretariat Welcomes Humanitarian Truce Initiative in Sudan

    OIC General Secretariat Welcomes Humanitarian Truce Initiative in Sudan

    Jeddah, Saudi Arabia, April 18,2023/–The General Secretariat of the Organization of Islamic Cooperation (OIC) welcomed the holding of a 24-hour humanitarian truce in Sudan as of 6 p.m. today to ensure the safe passage of civilians and diplomatic missions, the evacuation of the wounded and stranded.

    ‏The Secretary-General of the Organisation of Islamic Cooperation (OIC) H. E. Hissein Brahim Taha welcomed the acceptance by the parties to this initiative and called for the importance of reaching an agreement for an immediate ceasefire, refraining from escalation, protecting civilians and diplomatic missions, as well as allowing the delivery of humanitarian assistance.

    ‏The Secretary-General also encouraged the parties to reach a longer truce to allow the Sudanese people to practice the ritual of celebrating Eid al-Fitr as a holy Islamic rite.

    ‏The Secretary-General stressed the readiness of the Organisation of Islamic Cooperation to channel its full potential and capabilities to support humanitarian efforts and resume the dialogue between the Sudanese parties.

    SOURCE

    OIC NEWS

  • El Anatsui creates gigantic artworks from recycled materials – why the world fell in love with him

    El Anatsui creates gigantic artworks from recycled materials – why the world fell in love with him

    By: “The Conversation”(Original Article)

    The artist El Anatsui was born in Ghana and has spent the bulk of his career in Nigeria, but is a citizen of the world. News of a major new installation of his work coming to the prestigious Tate Modern gallery in London is just one in a string of major international exhibitions and awards in the past decade.

    The 79-year-old artist has become so renowned that in art circles his brand of work is a kind of art movement with its own name, Elism. His work is influenced by – and in turn influences – Nigeria’s famed Nsukka school of artists who draw inspiration from the uli art style, derived from the mural paintings of the Igbo people. Nsukka is the city where I live and make art and where I have taught Anatsui’s work to students for years – as he once taught me.

    His best known works are large scale sculptures in the form of drapes, wall hangings and installations made from flattened, repurposed aluminium bottle caps that are sewn into tapestries, making them dazzle and shimmer in a mixture of hues and colours. The tactile quality gives it part of its sculptural relief. The colours and shapes also resonate with the Kente cloth motifs that are native to Anatsui’s Ewe people.

    His 2019 retrospective exhibition in Germany, Triumphant Scale, firmly established him as a leading global voice. It was co-curated by the late Okwui Enwezor, who is famed for bringing African art into the western mainstream.

    In truth, Anatsui’s work has evolved steadily over time and it can take many forms. Compartmentalising it does not do justice to it. He has helped establish African art as a global force. But, as I also discuss here, he is much more than just an artist. El Anatsui is also a humanitarian, a teacher and a philanthropist.

    His life

    Anatsui is from Anyako, in the Volta region of Ghana. He identifies as Ewe, an ethnic group that extends up to Togo. His creative genes are probably inherited from his father, a craftsman. The last born of 32 children, he grew up with his uncle, a priest.

    After completing his education in sculpture and art at Kwame Nkrumah University in Kumasi, Ghana, he worked as an art lecturer in Ghana for several years before moving to Nigeria.

    El Anatsui discusses his work.

    One cannot discuss Anatsui without mentioning Nsukka, a university town in Enugu State, south-eastern Nigeria. The University of Nigeria, the first indigenous university in the country, is located here and Anatsui today serves as emeritus professor in the faculty where I also teach.

    He was 31 when he arrived in Nsukka 45 years ago and talks about that day with excitement, mentioning iconic cultural figures like activist musician Fela Kuti as one of the reasons he was attracted to Nigeria and decided to stay. Anatsui is honoured as Ikedire of Ihe-Nsukka kingdom, a chieftaincy title bestowed on him by the local community that points to the impact he has had here.

    I first encountered Anatsui as an undergraduate in basic drawing class. In his class you realised that once you can draw a bold line then you can do great art. He could find the lone confident stroke embedded in a sea of others.

    Anatsui was a member of the Aka group of artists who were popular in eastern Nigeria in the 1980s and 1990s. But he always looked to conquer the global art scene. He never subscribed to attaching artists to a particular continent.

    After years of work as a lecturer and artist he built himself homes in Nsukka and in Tema, Ghana. It was only in 2018 that he felt he could buy himself a new car – in Nigeria most civil servants can only afford used cars. The large studio he built also points to years of consistent hard work.

    Less known facts about Anatsui are that he eats a plant-based diet, is a masterful chess player and a sports enthusiast who plays squash. He is also better known in Nigeria as a philanthropist and a teacher than just an artist of global standing. One of the examples of his philanthropy is how, from 2017 till 2021, he gave young artists an all-expenses-paid trip to Senegal to attend the Dak’Art bienniale.

    His work

    Anatsui was creating three-dimensional works long before his famed bottle cap tapestries. His earliest works were made from wooden trays found in markets in Anyako. In Nsukka in the 1970s he created ceramic pieces from clay and manganese. In the 1980s he worked with concrete and terrazzo to produce sculptural works, some still found on the Nsukka campus. His hardwood works became popular and his influence expanded.

    This creative restlessness to find materials from his environment led to the collecting of aluminium bottle caps that sat in bags for months before becoming art materials. The bottle caps suited a new art form, distinct from painting and sculpture.

    Today Anatsui works in different media. He recently experimented with prints, the metaverse and augmented reality but still employs tropical hardwood works alongside bottle cap pieces.

    In a time of climate crisis, Anatsui’s work has become increasingly relevant through his sustainable sourcing of materials and his repurposing of found objects often discarded as waste.

    No doubt his Tate installation in October will reflect his greater body of work: fluid, malleable, polymorphous, flexible and mesmerisingly colourful … the shimmer, size and materials speaking to freedom, mobility, decolonialism and environmental responsibility.

    His influence

    The Elism trend focuses on use of materials that are locally available, frugal and minimalist. However, the work is also an expression of humanist concepts – emanating from human activities in relation to the work and its environment.

    While the scale of his bottle cap works speaks quietly to the magnitude of global consumption, it also presents aesthetic beauty rooted in ancient cultural forms. In his extraordinary career Anatsui has, in the process, helped bring African art to the world stage.

    Credit: (The Conversation)

    Photo:AFP Via Getty Images

  • The Seeds Some Still  Throw Away Series

    The Seeds Some Still Throw Away Series

    Part 2-Avocado Seed Oil Benefits  in Focus

    By: Mohammed Abu

    After consuming fresh avocado fruits many think they are done and they condemn its seeds to the dust bean as garbage worth only being discarded and nothing more.

    An afterthought approach is needed for one to come to appreciate the hard fact that, one is actually not discarding waste, but rather throwing away a nutrition power house that offers uncountable goodies albeit, out of nativity.

    The avocado seed like many other fruit seeds, is never a waste material that should be left to waste and to become  an environmental hazard but should rather be best appreciated as an  important raw material that could be put to good use for the benefit of humanity.

    It is indeed an invaluable raw material that could be  used to manufacture edible cooking oil, health and beauty care products, food supplements, organic medicinal products for hypertension (supported with scientific research studies results  by Ethiopian scientific researchers on avocado seed use).

    From the emerging Circular economy perspective, the world must strive towards ensuring resource use efficiency and that, nothing should be fancied as waste but rather as raw materials for setting up additional industries in order to generate employment and wealth in line with the UN Sustainable Development Goals (UN SDGS)

    Indian organic beauty care producers and their counterparts in other parts of the world, have since unlocked the benefits of avocado seeds oil and therefore aren’t treating the seeds as waste as many still do in Ghana, Africa today.

    For them and many others, avocado seeds are an invaluable raw material for manufacturing useful products with immense benefit to humanity.

    Juicy Chemistry, an Indian organic beauty care products manufacturer producing avocado seed oil based products through a blog article, provides some insights, your favourite, the Ecoenvironews Africa magazine, wish to share with you today. Now read on:

    10 Benefits of Using Avocado Oil for Hair and Skin

    The avocado fruit has various health benefits and its oil is often used in salad dressings, smoothies, and cooking. Avocado oil is rich in β-carotene, lecithin, minerals, and vitamins A, C, D, and E which make it a beneficial addition in your skin care and hair care routines too.

    Cold pressed avocado oil is extracted from the pulp of the avocado fruit which contains about 60% of oil content, making it an abundant source of essential fatty acids such as oleic acid, palmitic acid, palmitoleic acid, linoleic acid, and alpha-linolenic acid. The fruit is first dried and then mechanically pressed to extract the rich oil.

    Since it contains high amounts of essential nutrients, antioxidants, and fats, you can use organic avocado oil for hair care and skin care to utilize its wonderful benefits. It provides emolliency to your skin and is especially nourishing for dry skin and scalp.

    10 Avocado Oil Benefits for Your Skin

    • Moisturizes Dry Skin –

    Using organic avocado oil on your face helps keep it soft and moisturised. It is a rich emollient that helps prevent moisture-loss and keeps your skin’s suppleness intact by forming a protective barrier on the outermost layer.

    • Soothes Inflammation –

    Organic avocado oil has anti-inflammatory properties. It helps reduce signs of inflammation such as itching caused due to eczema, dermatitis, psoriasis, or dry skin.

    • Heals Wounds Faster –

    Studies show that avocado oil can accelerate the wound-healing process. It increases collagen synthesis and reduces skin-irritation which helps your wounds repair faster.

    • Protects Skin from Environmental Damage –

    Daily exposure to ultraviolet radiation, smoke, and pollutants can lead to the formation of free radicals in your skin. Cold pressed avocado oil is rich in antioxidants such as carotenoids, vitamin C and vitamin E that minimise environmental stress on your skin.

    • Soothes Sunburns –

    Cold pressed avocado oil is a rich source of oleic acid, an essential fatty acid that soothes, protects and repairs sunburnt skin. It strengthens your skin’s barrier function, reduces redness, and promotes skin repair to minimise the symptoms of sun damage.

    • Anti-Aging Benefits –

    One of the many benefits of using organic avocado oil on your face is reduced signs of ageing. By fighting off free radicals and increasing collagen synthesis in your skin, it helps reduce fine lines, wrinkles, and dark spots. It also helps retain your skin’s elasticity.

    • Nourishes Chapped Lips –

    If you have dry, chapped lips, cold pressed avocado oil can prevent moisture loss by keeping them well-moisturised. Avocado oil also forms a protective barrier over your lips and protects them from environmental stressors.

    • Improves Scalp Health –

    Using organic avocado oil in hair care helps keep your scalp healthy. Its nutrients nourish the hair follicles while the antioxidants prevent oxidative stress promoting healthy hair growth. Its fatty acids deeply moisturize your scalp to reduce dryness, itching and flaking.

    • Tames Frizzy Hair –

    You can use organic avocado oil in your hair care routine if you have dry, frizzy, and unmanageable hair. The oil forms a protective coating over your hair strands and seals the cuticle to prevent moisture loss. This helps tame flyaways and frizzy hair and makes your hair softer and shinier.

    • Reduces Hair Breakage –

    The nutrients from cold pressed avocado oil repair, protect and strengthen your hair. Using it as a hair oil makes detangling easier and reduces breakage and split ends by moisturising and smoothening dry, brittle hair.

    Different Forms of Avocado Oil

    Avocado oil is a carrier oil and can be applied directly to your skin and hair. It has a light green or emerald green colour and can have a nutty aroma. There are different types of avocado oil available due to variation in extraction techniques, choice of fruits, and levels of processing.

    • Extra virgin avocado oilis considered the best avocado oil in terms of quality since it is made by cold-pressing superior-quality avocado pulp, and no chemical solvents or processing is involved here.
    • Virgin avocado oilis also made through the cold-pressed extraction technique and without any chemical solvents or processing. But the quality of avocados used to extract the oil is lower than the previous variety.
    • Plain avocado oilis the least beneficial for skin care and hair care needs since it is refined. It goes through a deodorisation and bleaching process to alter its colour and smell which deteriorates its nutrient level

    Credit (Juicy Chemistry Blog Article on Avocado Oil)

    Photo: Credit: Modern Ghana Online

     

     

  • State House hosts annual High Achievers event in honour of best performers

    State House hosts annual High Achievers event in honour of best performers

    14 April 2023 | Education

    The President of the Republic, Mr. Wavel Ramkalawan hosted the annual High Achievers Award Ceremony at State House yesterday morning, where some 58 students in public and private schools were recognised for having excelled in the 2022 National and International Examinations in Cambridge IGCSE, and Advanced Level.

    President Ramkalawan congratulated the students for their outstanding performance and on behalf of the country have expressed pride in view that there has been an increase in the number of students that have excelled in their studies this year. He thanked their parents for the support they have given them throughout their studies.

    “I want to encourage you to persevere, never give up, and keep following your dreams. Do not allow yourself to be distracted by what is not important and remember that there is a time for everything and I believe right now your time is to study even harder, have a target, and be focused. I wish you the very best, I know I will be receiving some of you back here when you complete your A’ Levels and I am looking forward to welcoming the others when you complete university. You have the support of everyone, and we will continue to give encouragement for our students to do even better and that challenges are overcome by what we invest in you and what we invest in all those that go through our education system here in Seychelles,” said President Ramkalawan.

    On her part, the Principal Secretary for Education Services, Ms. Merna Eulentin commended the students for their outstanding results where she described them as role models for those who are struggling to pass their exam. She underlined that this event is very important in view that it recognizes the aptitudes of candidates from both; the private and public institutions. She noted that parents, teachers, stakeholders, and everyone else must continue to work together to give every child the best education.

    “Your achievements symbolises the immense pride you have in your education. Please, do take note, that sometimes when you are at your highest peak, which is on top of the mountain, this is where you will encounter a few or many challenges. My advice to you is that you stay focused, keep moving forward, ignore the noise, and think of the bigger picture. Dear parents continue to invest in your children’s education in all the ways possible and I am confident that your rewards will be remarkable,” said Ms. Eulentin.

    Also present was the Minister for Education, Dr. Justin Valentin, Principal Secretary for Education Sector Development, Mr. John Lesperance, Ministry of Education officials, Principals, and teachers from the various schools.

    SOURCE

    State House News Alert, Seychelles

  • President Ramkalawan meets FIFA president at State House

    President Ramkalawan meets FIFA president at State House

    15 April 2023 | Sport

    The President of the Republic, Mr. Wavel Ramkalawan received the President of Fédération Internationale de Football Association (FIFA), Mr. Gianni Infantino at State House, yesterday morning. The President, who is also the Patron of the Seychelles Football Federation (SFF), welcomed Mr. Infantino on this first visit to Seychelles..

    President Ramkalawan underlined how encouraged he is seeing the number of football clubs that have already shown signs of emerging talents. He gave the commitment of the Government in the development of sports in Seychelles, which he emphasised is a way to keep the young boys and girls away from bad influences as well as for the wellbeing of their health.

    “On behalf of the Government of Seychelles, I would like to thank FIFA for all that you are doing for our young people around the world, and more importantly here in Seychelles. We are grateful for all the financial support that the Federation has given to Seychelles, which has helped us to tackle many outstanding issues including the re-surfacing of the stadium. Rest assured of the Government’s commitment and full support in the development and promotion of sports in Seychelles,” said President Ramkalawan.

    The courtesy meeting between the Head of State and Mr. Infantino was an opportunity for further exchange of views on the development of football in Seychelles. Furthermore, they discussed on the talent development schemes, and the stadium infrastructures on Mahé, Praslin, and La Digue, whereby Mr. Infantino gave his commitment for FIFA to invest in a stadium. They also spoke about the upcoming Beach Soccer World Cup in 2025, whereby Seychelles will become the first African country to host the tournament.

    In an interview held after the meeting, Mr. Infantino said that FIFA is looking forward to the future of Seychelles over the next decade and that they will invest together with the local Federation (SFF) into Football development, making sure that talents from Seychelles can emerge, and play at the international level.

    During his short official visit in the country, Mr. Infantino is expected to visit several football projects funded by the Fédération Internationale de Football Association under the Forward 1.0 and Forward 2.0 programmes. He will also inaugurate the Astroturf playing fields at the Seychelles Football Federation headquarters, Roche Caïman which was resurfaced last year. Mr. Infantino will also visit the Technical Centre at the SFF headquarter and the Astroturf pitch at La Retraitre. Another highlight of his visit will be a football match where he is expected to join mixed teams of under-17 boys and girls at the Roche Caïman Astroturf.

    Mr. Infantino was accompanied at State House by Deputy General Football, Mr. Mattias Graftström, Senior Football Advisor, Mr. Youri Djorkaeff, Director Member Associations Africa, Mr. Gelson Fernandos, Head of the President’s Office, Mr. Federico Raviglione, and FIFA Legend, Mr. Houssine Kharja.

    Also present yesterday morning for the courtesy meeting was the Minister for Youth, Sports, and Family, Mrs. Marie-Céline Zialor, president of the Seychelles Football Federation, Mr. Elvis Chetty, Principal Secretary for Sports, Mr. Ralph Jean-Louis, Chief Executive of the Seychelles Football Federation, Mr. Denis Rose, and members of the Federation’s executive committee, Mrs. Sheila Mohideen.

    SOURCE

    State House News Alert, Seychelles 

  • Afreximbank to hold 30th Annual Meetings in Accra, Ghana, from 18-21 June 2023

    Afreximbank Annual Meetings are open to all those interested and/or active in promoting African trade and supporting the socio-economic development of African economies
     
    CAIRO, Egypt, April 13, 2023/ — The 30th Annual Meetings of African Export-Import Bank (Afreximbank) (www.Afreximbank.com) will take place in Accra, Ghana, from 18 to 21 June 2023. The event will mark the high point of the Bank’s year-long 30th anniversary celebrations, under the theme “Delivering the Vision. Building Prosperity for Africans”.

    The 30th Afreximbank Annual Meetings and 30th Anniversary celebrations will bring together on one platform thousands of people, including African and Caribbean leaders and senior government officials, African, Caribbean and other policymakers, corporate leaders, bankers, academia and other thought leaders. The meetings will include the Annual General Meeting of Shareholders and an extensive seminar programme, featuring plenaries and side events.

    “We thank His Excellency President Nana Addo Dankwa Akufo-Addo and his Government for graciously accepting to host Afreximbank’s 30th Annual Meetings. Thirty years ago, the founding fathers of Afreximbank launched a bold initiative for Africans. The hard work of the past three decades, in pursuit of that vision, has shaped what Afreximbank has become today. Member States, clients, customers and partners, the business and international trade community, all those in Africa and the diaspora who strive for the prosperity of African people are invited to join us in Accra to celebrate the Bank’s achievements and reflect on its future in an increasingly turbulent world”, said Professor Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank.

    Afreximbank Annual Meetings are open to all those interested and/or active in promoting African trade and supporting the socio-economic development of African economies.

    Ghana’s Finance Minister, Hon. Ken Ofori-Atta, noted that, “It is only fitting that the commemoration of this milestone for Africa’s key Trade Finance institution is co-organised by the host of AFCFTA Secretariat, the Government, and people of Ghana, who are determined torch bearers for Africa’s quest for trade expansion and integration. This is another opportunity to deepen cooperation and seek African solutions to Africa’s challenges.”

    Register here (https://apo-opa.info/3MFwv5M) for Afreximbank Annual Meetings 2023 (AAM2023). Afreximbank’s last Annual Meetings took place in Cairo, Egypt in June 2022.

    Distributed by APO Group on behalf of Afreximbank.

    Media Contact:
    Amadou Labba Sall
    Manager, Media Relations
    Afreximbank
    asall@afreximbank.com

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    About Afreximbank:
    African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade. For 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa.

    A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank is setting up a US$10 billion Adjustment Fund to support countries to effectively participate in the AfCFTA. 

     At the end of 2022, Afreximbank’s total assets and guarantees stood at over US$31 billion, and its shareholder funds amounted to US$5.2 billion. The Bank disbursed more than US$86 billion between 2016 and 2022. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has evolved into a group entity comprising the Bank, its impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure, (together, “the Group”). For more information, visit: www.Afreximbank.com.

    SOURCE
    Afreximbank

     

  • Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Annual Investment Meeting 2023 to Explore the Role of Digital Technology in Designing Future Cities

    Abu Dhabi, United Arab Emirates, 12 April 2023: The Annual Investment Meeting 2023 (AIM Global 2023), supported by the Ministry of Industry and Advanced Technology in partnership with the Abu Dhabi Department of Economic Development (ADDED), will explore the future of urban development and how important employing innovative solutions and digital technology is in building smarter and more sustainable cities that can withstand future challenges.

    Anchored on the theme “The Investment Paradigm Shift: Future Investment Opportunities To Foster Sustainable Economic Growth, Diversity and Prosperity,” the 12th edition of the conference, taking place at the Abu Dhabi National Exhibition Centre from 8 to 10 May 2023, aims to gather together top government officials, decision-makers, and industry experts from 170 countries to promote sustainable economic growth and to further strengthen UAE’s global competitiveness and position as a leading investment destination.

    Future Cities is one of the main pillars of AIM Global’s agenda this year, alongside Foreign Direct Investment, Small and Medium Enterprises, Foreign Portfolio Investments, and Startups. Through the Future Cities track, the event will delve into the cutting-edge methods for designing future cities and bridging the financing gap by connecting project owners, entrepreneurs, and smart city solution and technology service providers with investors and finance companies. It will also offer an opportunity for its participants to showcase their smart projects to investors, expand their business network, and collaborate with the private sector.

    His Excellency Rashed Abdulkarim Al Blooshi, Undersecretary of ADDED,  said: “Abu Dhabi has made great strides in its digital trasnforamtion journey, cemetnig its position as the smartest city in the region and laying down a solid foundation to continue developing a knowledge-based, innovation-driven economy.

    We are looking forward to be part of the globl dialouge on future cities at the Annual Investment Meeting in Abu Dhabi to exchange ideas and experiences and work together with key decision makers and players to find innovative solutions to the challenges facing communities today”

    H.E. stressed the need to utilize the latest advancements in the fourth industrial revolution (Industry 4.0), which involves digital transformation and innovative technologies such as artificial intelligence, metaverse, 5G, Internet of Things, and connected technologies, to boost economic growth and shape future cities. This aligns with the smart city concept that pursues to improve quality of life through digital technology, efficient resource consumption, and human-centered design to create sustainable communities.

    AIM Global 2023 will have several forums that revolve around the Future Cities pillar, including “Digital Transformation: Integrating Innovative Technologies” forum, “What are Future Cities? and How Can foreign direct investment be leveraged in future cities?” forum, and “Leveraging new technologies and transitioning between future transformative technologies” forum, among many others.

    There will also be four pre-conference workshops organized a day prior to the event. The “Engaging communities in designing sustainable smart cities,” which is in cooperation with the World Organization of Sustainable Smart Cities, seeks to transform cities into smart and sustainable cities economically, socially, and environmentally by harnessing the power of digital technologies, engaging leaders and communities, achieving integration across different industries, and directing investments towards the development of sustainable smart cities.

    For registrations please use the following link https://aimcongress.com/register

    For more details kindly contact:

    Shereen Al Musallami

    Strategic Exhibitions & Conferences

    00971526998032

    pr.media@strategic.ae