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  • Ajman Chamber Approved “Al Damani” Car, The First Electric Car Made In The Uae, Among Its Cars

    Ajman Chamber Approved “Al Damani” Car, The First Electric Car Made In The Uae, Among Its Cars

    H.E. Abdullah Al Muwaiji, the Chairman of the Ajman Chamber of Commerce and Industry (ACCI), approved “Al Damani” car as the first electric car made in the UAE, which belongs to the “M Glory Electric Vehicle Factory” in the UAE, among the cars used in the Ajman Chamber, supporting of the national industry, promoting the UAE products, and realizing the vision of the wise leadership to achieve environmental sustainability and in line with the declaration of H.H. Sheikh Mohamed bin Zayed Al Nahyan, President of the UAE, may Allah protect him, that 2023 is the “Year of Sustainability” in the UAE.

    This approval came on the sidelines of the activities of the E7 exhibition organized by the “Royati” company at the Ajman Center for Entrepreneurship, with the participation of 77 exhibitors from companies, institutions, and entities distinguished for their creativity in various fields.

    Dr. Majida Alazazi, Chairwoman of M Glory Holding Group, provided a full explanation to H.E. Abdullah Al Muwaiji about the specifications of the “Al Damani” car and the extent to which it enjoys international specifications in terms of quality, safety, and capabilities that enhance its competitive capabilities in the local and international markets. Al Damani car makes a strong addition to the electric car market, especially in the light of the steady growth of this global market.

    H.E. Abdullah Al Muwaiji expressed his pride and happiness with this vehicle as it is the first electric vehicle made in the UAE, which reflects the level of quality and development of the local industry and its competitiveness in the local, regional, and international market. Thanks to the role of our wise leadership in providing a fertile investment environment that possesses the elements and advantages that support business development and efforts, in addition to efforts exerted to foresee the next stage of the national industry through the national strategy for industry and advanced technology and to raise the contribution of the national industrial sector to the GDP to AED 300 billion in 2031.

    He stressed that the achievements of the UAE local industry are made through deliberate plans and continuous follow-up from our wise leadership. For example, the “UAE Innovation Month” represents one of the main factors supporting the development of the UAE industry, as well as the government’s efforts to attract talented, innovative, and pioneering ideas contribute effectively to the development of the industrial sector.

    Al Muwaiji added, “The comprehensive economic partnership agreements (CEPA) concluded by the UAE with friendly countries have a major role in developing the local industry and enhancing its competitiveness abroad. These agreements also represent a supportive tool for attracting direct investments”.

    Source(Ajman Chamber News)

     

  • Equatorial Guinea’s New Minister of Mines & Hydrocarbons Is a Competent Leader Taking the Reins in a Challenging Era — Here’s What Needs to Happen Next

    Equatorial Guinea’s New Minister of Mines & Hydrocarbons Is a Competent Leader Taking the Reins in a Challenging Era — Here’s What Needs to Happen Next

    Antonio Oburu Ondo, former Managing Director of national oil company, GEPetrol, has been named Minister of Mines and Hydrocarbons. He is succeeding well-respected leader Gabriel Mbaga Obiang Lima, who assumed the role of Ministry of Economy and Planning.

    By NJ Ayuk, Executive Chairman, African Energy Chamber

    Equatorial Guinea’s cabinet has seen a changing of the guard.

    Antonio Oburu Ondo, former Managing Director of national oil company, GEPetrol, has been named Minister of Mines and Hydrocarbons. He is succeeding well-respected leader Gabriel Mbaga Obiang Lima, who assumed the role of Ministry of Economy and Planning.

    We at the African Energy Chamber are confident that Minister Ondo will do an excellent job. He brings years of industry experience to the table and has worked extremely hard to strengthen Equatorial Guinea’s national oil company. We do not doubt that Minister Ondo will be successful in fostering growth in the energy sector and the national economy as a whole provided that energy industry stakeholders — from international oil companies (IOCs) to the government to other African energy ministers —  join us in supporting him.

    We Need a Strategic Response to Natural Decline of Maturing Oil Fields

    It’s no secret that Equatorial Guinea’s energy industry faces some challenges. For one, production in existing oil and gas fields has been in decline. It is not because of the action, or the inaction of anybody: This is a natural decline and to be expected in any production site.

    What is needed right now is reinvestment in energy growth. And to achieve that, Equatorial Guinea will need to create an enabling environment for new oil and natural gas exploration projects. Equatorial Guinea must remember that it is competing for capital and investment with Gabon, Guyana, and other countries that offer attractive fiscal terms to entice IOCs. If Equatorial Guinea can’t match that alluring environment, it will be difficult to sustain oil and gas production.

    Consider this: There have been no major discoveries in Equatorial Guinea since the introduction of the 2006 hydrocarbon law. In late 2021, Obiang Lima said Equatorial Guinea was revising that law. He recognized that fact that the country needed to give greater consideration to the needs of, and current challenges, facing energy companies if it was going to convince them to make significant investments there.

    “Our hope is that it will enable us to attract more regional and international energy participants and incentivize investment across the entire value chain,” Obiang Lima said at the time. “That will allow us to realize the potential of our offshore natural gas industry and become increasingly competitive in the gas sector.”

    The decision to revise the law was the right choice. I encourage Equatorial Guinea to complete those efforts promptly. Meanwhile, the Ministry of Hydrocarbons and Mines should be taking practical steps to demonstrate that Equatorial Guinea is investor friendly. Oil majors will notice, for example, how the ministry handles the upcoming departure of ExxonMobil, which has announced plans to leave the country, and West Africa, after its license expires in 2026.

    While it may be hard to watch the departure of this excellent partner for the country, it is equally important that Minister Ondo recognize the value of a clean break and an orderly transition to their successor. A diplomatic response will enhance Equatorial Guinea’s reputation as a good country for energy companies.

    What’s more, while there’s no question of sunsetting wells, let’s not overlook the successful producers in the country who are working to ensure the longevity of aging fields and investigating new finds. Trident Energy and Kosmos Energy, for instance, continue to have successful output in the Ceiba conventional oil field: Although production peaked in 2002 at 51.7 thousand barrels per day (bpd) of crude oil and condensate, the field continues to account for some 4% of the country’s daily output. Meanwhile, U.S.-based VAALCO Energy and Atlas Petroleum are successfully proceeding with the development of the Venus discovery in Block P and there is no longer an exclusive operation. All signs point to a promising yield: The results of its initial discovery well and reservoir modeling anticipate 15,000 bpd from the two development wells and injector well.

    Minister Ondo must continue to establish and promote fiscal incentives for investors like these to drive up further production in Block P and other promising hydrocarbon-rich zones. Creating and maintaining ongoing positive relations with these and other companies can go a long way toward developing a reputation as a country serious about its hydrocarbon industry.

    Gas Is the Way Forward

    I believe Equatorial Guinea’s 1.5 trillion cubic feet of natural gas will become the driving force in the country’s energy industry. To enable natural gas production and monetization to lead to economic development and industrialization, Minister Ondo needs to embrace a pragmatic approach to welcoming credible investors, eliminating red tape, and making good deals.

    With this in mind, Minister Ondo will likely find that closing the deal with Chevron regarding a joint development of the YoYo and Yolonda natural gas fields in Equatorial Guinea and Cameroon is going to be critical. Developing this cross-border gas mega-hub could truly transform the economy of both the nation and the region. The LNG market continues to be important and Equatorial Guinea is well positioned to be an active player.

    Let’s also consider Golar LNG and the Fortuna floating liquefied natural gas (FLNG) vessel owned by New Fortress Energy. The partners are negotiating about EG-27 (formerly Block R) to develop an easier, fast-tracked system for moving LNG into the market. This a difficult project and requires really highly skilled companies and deep financial pockets to make this work.  The discussions center around bringing LNG from Nigeria or Cameroon to be processed in Equatorial Guinea. Such developments are critical now more than ever, and the ministry would be wise to do everything in its power to make them happen.

    Keep it Local… But Balanced

    Another challenge Minister Ondo faces is to prioritize keeping markets stable, taking a very market-driven approach both at home and abroad. It’s a delicate balancing act: creating an atmosphere where companies will want to invest in Equatorial Guinea while, at the same time, advocating for the needs of local people and businesses.

    This is not the time to leave local content behind. Minister Ondo will want to make certain that his country establishes a platform that develops its homegrown businesses and businesspeople. This is more than just enabling the local residents and businesses to take commissions from service companies – it is about ensuring that they become an integral part of the industry. Indeed, local content should be seen more as enterprise building and management.

    At the same time, Minister Ondo will be wise to follow in his predecessor’s footsteps in denouncing the currency control rules that the Bank of Central African States (BEAC) adopted in June 2019. While the BEAC’s intention was to promote financial transparency and ensure that oil revenues stay within local economies and local banks, these stringent restrictions create a very unwelcoming environment for foreign investors by causing transaction delays and preventing the repatriation of proceeds. These are job killing regulations and it is bad for jobs, bad for local companies and bad for investments.

    “The FX regulations adopted in June 2019 make it very difficult for our companies to compete and create employment, and render our business environment very unattractive for foreign investors,” Obiang Lima said shortly after their enactment, while calling on the industry to take immediate action to encourage a reversal of the regulations.

    Perhaps a collaboration of the Ministry of Mines and Hydrocarbons and the Ministry of Economy and Planning is in order – a collaboration of outgoing and incoming ministers who can use their expertise and political savvy to overcome these kinds of job-killing and industry-damaging regulations.

    I am confident that Minister Ondo has what it takes to make it work. Companies can rest assured: He may be new to the office, but he’s not new to the game. We have all grown accustomed to his predecessor, and now we all need to welcome new ideas from the new minister. Let’s offer him our full support as he works to help Equatorial Guinea’s energy industry get its groove back.

     

  • Kinguin Launches One of the Biggest Marketing Campaigns in the Middle East for Hogwarts Legacy in Partnership with Medialinks.

    Kinguin Launches One of the Biggest Marketing Campaigns in the Middle East for Hogwarts Legacy in Partnership with Medialinks.

    Dubai, UAE, 13/02/2023 – Kinguin, the world’s leading digital marketplace, has announced a major marketing campaign for the upcoming game, Hogwarts Legacy. In partnership with Medialinks, a digital marketing agency from Dubai, Kinguin will launch one of the largest marketing efforts in the Middle East to promote the game.

    Hogwarts Legacy is an upcoming action role-playing video game that allows players to experience life as a student at the famous wizarding school. The game, set in the 19th century, promises an immersive adventure filled with magic and mystery.

    Kinguin’s marketing campaign for Hogwarts Legacy is set to reach millions of gamers in the Middle East through a combination of online and offline marketing efforts. The campaign will include a range of activities such as social media advertising, influencer partnerships or special contests for the gamers.

    “We are thrilled to partner with Medialinks to bring one of the biggest marketing campaigns to the Middle East for the highly anticipated game, Hogwarts Legacy,” said Kinguin’s Chief Marketing Officer Valentin Houssais. “Our goal is to bring the magic of Hogwarts to life for gamers in the region, and we are confident that our partnership with Medialinks will help us achieve that.”

    Medialinks, known for their expertise in digital marketing, will bring their extensive experience and knowledge to the campaign. The agency will leverage its strong network of influencers, social media channels, and innovative technology to reach the target audience and drive engagement.

    “We are honored to be working with Kinguin on this exciting project,” said Anwar Sadat Head of Marketing from Medialinks. “Hogwarts Legacy is set to be one of the biggest games of the year, and we are eager to bring our digital marketing expertise to the table to help make this campaign a success.”

    For more information about Kinguin and the marketing campaign for Hogwarts Legacy, please visit the website https://deal.kinguin.net/hogwarts-legacy

    About Kinguin

    Kinguin is an innovative, global gaming company aspiring to become the world’s most open digital entertainment playground. We started as a small e-commerce store in Poland in 2009, and over the years we have grown to be a leading marketplace for video games, with over 15 million customers worldwide. Our mission is to make gaming accessible and inclusive for everyone.

    With Kinguin… everybody plays! Great deals for world’s best games and more. Kinguin is the ultimate destination for all gamers, offering thousands of products at unbeatable prices. Whether you’re looking for the latest releases, classic games, or prepaid cards, we’ve got you covered. As a global marketplace, Kinguin brings sellers from all over the world right to your screen.

    Expand your gaming collection and enjoy daily deals – join Kinguin, start playing whatever you want!

    About Medialinks

    Medialinks is a UAE-born digital agency, specializing in Performance Marketing, E-commerce Websites, and SEO. The agency recently released a report on the key trends which will affect the growth of E-commerce in 2023 which can be downloaded from: https://themedialinks.com/ecommerce-and-digital-trends-2023/

  • Niger Trade Minister Urges Diaspora Nigerien Common Front

    Niger Trade Minister Urges Diaspora Nigerien Common Front

     

    Trade Minister Alkache Alhada and Guests

    Report: Mohammed Abu, Niamey 

    Niger’s Trade Minister, Mr. Alkache Alhada, has urged Nigeriens in the West African region and beyond, to foster a united front, leverage their collective strength and be able to play a more impactful role in the country’s development agenda.

    Hon Alhada was speaking during a special reception for local West African participants on the sidelines of the recently ended UE-Niger Business Forum.

    It was intended to formally welcome and briefly engage CEOs and senior executives who had represented their various companies back home in Ghana, Nigeria, Ivory Coast among others.

    The Minister specially appreciated the presence of Ghanaian participants at the UE-Niger Business Forum. He recounted the historical lead role of the first Republican government of Ghana in fostering of African solidarity and unity while underscoring its relevance in today’s development context.

    He also proposed that, they could pull financial resources together and possibly, establish a bank in Niger as their input towards the achievement of Niger’s development goals.

    The participating Ghanaian companies were namely, Afro-Arab Co.Ltd,Ghana,CEO,Alhaj Awwal,Sando Man Transport Ltd,Ghana,CEO,Mr.Fuseini Musah,Al Firdaws Goup of Companies,CEO,Alhaj Abdul Razak,NMW Ltd,Ghana,CEO,Mr.Desmond,Tanko Forex Bureau Ltd,Ghana,CEO,Alhaj Pro-Umar Tanko/Paramount Chief of the Greater Accra Zerma Community, among others.

    Alhaj,Chief  Pro-Umar Tanko,in his submission,appreciated the hard work and great support the Niger Ambassador to Ghana, Her Excellency,Hajia Salamatou Goga,gave to participating companies from Ghana.

    He  also appreciated the selflessness  and high sense of responsibility of Alhaj Illolo Abubakar,Chairman,PNDs  Tarayya Party, West Africa who also doubles as the Special Advisor to the President  of the Republic of Niger.Alhaj Illolo, Chief Tanko said, played an important role towards  the participation of chiefs and other Nigeriens in the sub region during the Business Forum.

    Thursday Lunch Meeting

    A lunch meeting was also hosted by the Trade Ministry in Niamey on Thursday for various participants from Nigeria, Ghana and Ivory Coast who had as yet not departed for their respective countries. This afforded them an opportunity to better acquaint themselves with each other and also post Forum networking.

    Hon Alhada in an address, expressed his gratitude and  appreciated his quests for attending the Forum from the beginning to the end. He also  disclosed that, His Excellency, President Mohamed Bazzoum was also very exited to learn about their participation while also urging them to have trust in government’s development agenda. He assured them of government’s protection and commitment to support them establish their businesses in Niger without hurdles.

    Interactions between the Minister and his guests and networking among them ,brought out the importance for diaspora Nigeriens in West Africa and other parts of the world, including non-Nigeriens West Africans with business interest in Niger, to collaborate and contribute their quota meaningfully towards Niger’s development.

    Chief Pro-Umar Tanko in a submission , touched on the need for consideration of  Sovereign Sukuk(Zero interest Islamic bonds) issuance to address public sector funding gap.

    Then also, the vital importance of  government support for first entrant companies into Niger while  adding that, being in Niamey has afforded them the opportunity to appreciate the situation better and that  they would  engage the authorities on any matters arising after an appraisal of their trip. .

    The Minister’s passion for a common front and how to concretize it, prompted  Chief Tanko  to propose the creation of a WhatsApp group platform. This he said should be the initial step that would also serve as a rallying point and conduit for post forum interactions and networking among them.

    The e-group proposal was officially endorsed resulting into the creation of the Business Forum UE-Niger WhatsApp group platform with an initial 28 membership numerical  strength.

    The indefatigable Mm Goukoye Rekkia,2nd Counselor, Embassy of the Republic of Niger to Ghana, who led the Ghana Delegation to the Forum, worked around the clock to ensure everything was was well with all.

  • Niger’s Value Proposition Unveiled

    Niger’s Value Proposition Unveiled

    …..As UE-Niger Business Forum ends in Niamey

    Report: Mohammed Abu, Niamey

    The first two-day EU-Niger 2023 Business Forum ended on Wednesday in Niamey with the announcement of the creation of a European Union-Niger Chamber of Commerce including expression of interest by some potential investors to do business in Niger, as the major outputs.

    The EU-Niger chamber of commerce will not only serve as a mouth piece for European companies wishing to establish themselves in Niger, but also, as a secretariat-point of contact for business, as well as a medium for continuity of dialogue with the authorities relating to important business issues.

    Series of expertly moderated panel discussions by eminent panelists from Niger, Europe and the West African sub region covering a number of topical issues, was held alongside multi-industry sessions involving key Niger government institutions.

    Multiple industry sessions presentations by Director Generals of various Niger Ministries involving, Agriculture, Energy, Hydrology and Sanitation among others, unveiled on-going government programmes and projects, potential investors could buy into.

    In order to maximize the utilization of Niger’s huge agricultural potential, government launched the creation of agro-industrial Poles programme that is to involve commercialization of primary production via irrigation fed farming alongside commercialization of processing for exports thereby positioning Niger as an agro products driven economy.

    Aside that, exploring Niger’s rich renewable energy potential to beef up the country’s energy mix so as to support industrialization, maximizing of the benefits from her rich base metals and industrial minerals potential among others, are initiatives government is pursuing towards unleashing a new dawn in Niger.

    The event which drew over 900 participants from Niger, the West African sub-region, Europe and beyond, also recorded the participation of three Secretaries of State, two officials from European countries, about 400 companies worldwide 70 out of which were reported to be European.

    Organized jointly by the European Union in collaboration with the Niger Ministry of Commerce, the event was aimed at deepening business engagement between the EU and Niger, West African sub-region.

    Bringing the event to a close, Mr. Alkache Alhada, the Niger Minister of Trade, noted, “These exchanges, have enabled all the investor partners to realize the enormous potential that Niger abounds in, as well as, the facilities that could be offered to them on the administrative, tax and financial levels, for those who wish to settle in Niger.

    The Minister also disclosed that according to the echoes that have reached them, several investors have commented on expressing their interest either in settling in Niger to develop their business and/or, forging partnerships with Nigerien companies.

    In this regard, Mr. Alkache added, ”I would like to be delighted with this progress which will allow us in the years to come to really launch the industrialization of Niger”.

    Noting with great satisfaction the major outputs of the event, Mr. Alkache thanked the European Union delegation for its full involvement and the various panelists who had shed light on the potentials and enabling business environments thus, leading to the success of the event.

    The Ambassador of the European Union in Niger, Mr. Salvador, on his part also noted with satisfaction the success of the two-day event. He thanked the Trade Minister and all members of his team for the organization and for the tireless work during six months’ project.

    “I also think that Niger’s potential comes out in value after this Business Forum and we are very proud of it,” noted, Mr. Salvador while adding, ”Niger is emerging from this event, which is particularly visible on the radar of investors in a regional context which remains cloudy”.

    Earlier in his opening speech, the President of Niger, His Excellency, Mohamed Bazoum, appreciated both participants and organizers of the meeting which was organized in the wake of the round table of the PDES 2022 – 2026 held recently in Paris, for ”the interest you take in investments in Niger, as evidenced by the extent of your participation and the intensity of your mobilization”.

    Posting a rhetoric question, ‘What is not said about the handicaps of my country Niger? ‘President Mohamed Bazoum submitted that, the crucial issue wasn’t the denial of the handicaps or challenges, “but to change perspectives to move us towards our development goals by overcoming obstacles”.

    According to President Bazoum, “change of era takes place following catalytic crises”.

    “This time we are witnessing the conjunction of crises, climatic, environmental, geopolitical, economic, financial, security, migration, values ​​and meaning.

    “If these large-scale systemic crises spare no part of the world, they seem to have met in Niger, thus confirming that our country is a multidimensional geostrategic node critical for the stability of Africa, and even from Europe.

    ”If Niger has handicaps it also has considerable assets. Its geographical position, its wealth of natural resources including water, its arable land and considerable livestock, many sources of energy, minerals, its human and civilizational heritage, and its young population, make it a hinge between the North and the South of the African continent and between Europe and Africa, and a pivot of stabilization and commercial exchanges.

    Companies and investors from the European Union, in addition to financial capital, President Bazoum noted, have technological and industrial capital which the Nigerien economy so badly needs.

    Today, we can say that the European Union and Niger are each in the strategic neighborhood of the other, ‘noted President Bazoum while also insisting on the urgent need for Europe and Niger, Africa, to develop a win-win partnership in a constantly changing world”

    He also intimated, “the painful global transition we are going through is accompanied by opportunities to be seized, together, Europeans and Nigeriens, Europeans and Africans, to give us the best possible chances in the new era that is coming-digitalization of economies across the globe.

    Ms. Chrysoula Zacharopulou, Secretary of State to the Minister for Europe and Foreign Affairs, in charge of development, the Francophonie and France’s international partnerships on her part, that they were fully aware of the challenges faced by Niger, like many countries on the African continent but that notwithstanding she noted, “beyond the challenges, Niger and Africa are all lands of opportunities”, adding, “We want to publicize these opportunities. We want to talk about Jobs, Investments, Innovations and New Partnerships”.

    ”Dear Nigerien friends, we are strongly and permanently committed to your side. We are determined to support your country in the face of the many challenges it is bravely facing”, declared Ms. Chrysoula while affirming, ’’ We want to support inclusive growth, which develops a private sector that provides jobs, and above all, which improves the well-being of the Nigerien population.

    Ms. Chrysoula intimated that her presence here, with her European colleagues, is a strong message while also taking note of the words of a colleague, a French civil servant, who had said that she was enthusiastic at the idea of ​​ “further strengthening our partnership with your youth and your civil society, whose energy and dynamism amaze us every day”.

    Ms. Chrysoula also acknowledged the remarkable presence of high personalities from other European countries and even beyond, at the opening ceremony of the Business Forum.

    They included, among others, the Director General of Sustainable Development Policies at the Ministry of Foreign Affairs, European Union and Cooperation of Spain, Mrs. Eva Del Hoyo Barbolla, the Secretary of State for Foreign Affairs of Portugal, Mr. Francisco André, of Mr. Konstantinos Frangkogiannis, Secretary of State for Foreign Affairs of Greece, who moreover all intervened during this opening ceremony as well as the Nigerien Minister of Trade, Mr. Alkache Alhada, Mr. Moussa Sidi Mohamed President of the Chamber of Commerce and Industry of Niger and The Ambassador, Head of the Delegation of the European Union in Niger, Mr. Salvador ¨Pinta Da Franca.

     

     

     

  • OIC General Secretariat Disappointed over Afghan Girls’ Ban from University Entrance Exams

    Date: 29/01/2023

    The General Secretariat of the Organization of Islamic Cooperation (OIC) expressed its disappointment over the decision announced on Saturday 28 January 2023 by the de facto Administration in Afghanistan, banning female students from taking university entrance exams this year in all public and private universities across the country.

    This latest decree further tightens the sweeping restrictions proclaimed by the Kabul de facto authorities on girls’ and women’s access to education and public work. The ban comes shortly after the OIC Executive Committee convened on 11 January 2023 an Extraordinary Meeting on the “Recent Developments and the Humanitarian Situation in Afghanistan”.

    The Final Communique of the meeting vehemently called on the de facto Afghan authorities to “…strive towards reopening schools and universities for girls and enable them to enroll in all levels of education and all specializations required by the Afghan people.”

    The OIC General Secretariat strongly reiterates the Executive Committee’s call. It exhorts the de facto authorities to reconsider this latest decision and earlier similar edicts for the sake of shunning the academic exclusion of girls and women and its far-reaching social and economic ramifications.

    Source:(OIC)

  • OIC General Secretariat Disappointed over Afghan Girls’ Ban from University Entrance Exams

     

    Jeddah, 29 January 2023  
    The General Secretariat of the Organization of Islamic Cooperation (OIC) expressed its disappointment over the decision announced on Saturday 28 January 2023 by the de facto Administration in Afghanistan, banning female students from taking university entrance exams this year in all public and private universities across the country.
    This latest decree further tightens the sweeping restrictions proclaimed by the Kabul de facto authorities on girls’ and women’s access to education and public work. The ban comes shortly after the OIC Executive Committee convened on 11 January 2023 an Extraordinary Meeting on the “Recent Developments and the Humanitarian Situation in Afghanistan”.
    The Final Communique of the meeting vehemently called on the de facto Afghan authorities to “…strive towards reopening schools and universities for girls and enable them to enroll in all levels of education and all specializations required by the Afghan people.”
    The OIC General Secretariat strongly reiterates the Executive Committee’s call. It exhorts the de facto authorities to reconsider this latest decision and earlier similar edicts for the sake of shunning the academic exclusion of girls and women and its far-reaching social and economic ramifications.
    Source:(Source)

     

  • Bill Gates — After Reaping Huge Profits Selling BioNTech Shares — Trashes Effectiveness of COVID Vaccines

    Bill Gates — After Reaping Huge Profits Selling BioNTech Shares — Trashes Effectiveness of COVID Vaccines

    Bill Gates, long recognized as one of the world’s foremost proponents of vaccines, raised some eyebrows at a recent talk in Australia when he admitted there are “problems” with current COVID-19 vaccines.

    By 

    Michael Nevradakis, Ph.D.

    Bill Gates, long recognized as one of the world’s foremost proponents of vaccines, raised some eyebrows at a recent talk in Australia when he admitted there are “problems” with current COVID-19 vaccines.

    Speaking at Australia’s Lowy Institute as part of a talk entitled “Preparing for Global Challenges: In Conversation with Bill Gates,” the Microsoft founder made the following admission:

    “We also need to fix the three problems of [COVID-19] vaccines. The current vaccines are not infection-blocking. They’re not broad, so when new variants come up you lose protection, and they have very short duration, particularly in the people who matter, which are old people.”

    Such statements came as a surprise to some in light of Gates’ longstanding support of — and investments in — vaccine manufacturers and organizations promoting global vaccination. However, they were the latest in a string of developments in recent weeks that have increasingly called the COVID-19 vaccines, in particular, into question.

    ‘This is a grift’: Gates’ investments in mRNA vaccines reveal ‘conflict of interest’

    Several analysts and commentators were critical of Gates — but not due to disagreement with the statements he made in Australia. Instead, they argued that he had previously heavily invested in mRNA vaccines at the same time he encouraged a global COVID-19 vaccination campaign and supported mandatory vaccination.

    Speaking Jan. 25 on The Hill TV’s “Rising,” co-hosts Briahna Joy Gray and Robby Soave addressed Gates’ statements. Soave initially agreed at face value with Gates’ criticism of current mRNA vaccines, saying:

    “He really nails it on the issues that we’re having: the short duration of protection, not a significant discernable impact on the transmission of cases … not a massive benefit for a lot of otherwise healthy and younger people.”

    However, Soave — who on Jan. 19 revealed “Facebook files” indicating the CDC significantly influenced content moderation and censorship on the platform pertaining to COVID-19 vaccines — then pointed out Gates’ prior investments that contributed to the development of mRNA vaccine technology.

    Soave said, “Bill Gates was a major proponent of mRNA technology … he was an investor in BioNTech, which developed the mRNA vaccine for Pfizer.”

    “We were just doing some digging,” continued Soave, “[and] we saw that he sold a lot of those shares at … how much profit was that?”

    “10x,” replied Gray. “He invested $55 million in BioNTech back in 2019 and it’s now worth north of $550 million. He sold some stock … at the end of last year, I believe it was, with the share price over $300, which represented a huge gain for him over when he invested.”

    Soave then unleashed critical comments directed at Gates:

    “Let’s follow that trajectory: [Gates] invests heavily in BioNTech, ‘mRNA vaccines are great, this is the future,’ he talks about the vaccine timeline and how we can develop it faster, ‘we might have to cut some corners on safety’ … All in … sells it … makes a huge amount of money … but now it’s ‘yeah, it’s okay, it could be better, but what we really need is this breath spray.’”

    Soave was referring to a statement Gates made during his recent talk in Australia, immediately prior to his remarks regarding the mRNA vaccines, where he said:

    “We think we can also have, very early in an epidemic, a thing that you can inhale that will mean that you can’t be infected, a blocker, an inhaled blocker.”

    Gray raised the issue of conflicts of interest between individuals such as Gates who hold significant positions with drug and vaccine manufacturers, and the federal government’s spending of large sums of taxpayer money to purchase these products. She said:

    “This is a grift. These companies are extracting money, taxpayer money as it were, to pay for medical treatments that are not indicated by medical professionals and are less useful than what we already have.

    “At the same time, the Biden administration is opening its doors, revolving doors, to people from these various industries like Jeff Zients, who is the new chief of staff for Joe Biden … who has spent his entire career at the kinds of companies, investing in the kinds of companies, that have been overcharging the government for Medicare and Medicaid payments and exact kinds of overpayments. It is an enormous grift and one that is incredibly common.”

    Zients was formerly the Biden administration’s “COVID czar” and publicly pushed for universal vaccination.

    Soave then said that Gates’ statements, and the broader issue of conflicts of interest between drug and vaccine proponents and the federal government, give credence to the assertions long made by “anti-vaxxers and the like.” He said:

    “For there not to be more interrogation of his conflict of interest here by the mainstream is deeply disturbing, and for people who have been skeptical of this aspect of Pfizer and the drug development around COVID and who have been shot down in the media as kooks, anti-vaxxers and the like, I frankly think that this issue of pharmaceutical corruption and people pushing various interventions, having an investment in profit, should have been an issue that the left was leading on.

    “We have to be more transparent about the fact that people who are having input in what the government policy is going to be, what’s going to be required people, the Biden administration tried to require people to get this, shouldn’t it be known at least when there are hundreds of millions of dollars of financial interests at stake for the people advising this? And their tune changes as it follows the money!”

    Investigative journalist Jordan Schachtel also had scathing remarks following Gates’ statements in Australia, writing on his blog:

    “Microsoft founder Bill Gates, who served as one of the architects of Covid hysteria and had more of an impact than any other individual on the disastrous global pandemic policies, has finally acknowledged that the mRNA shots he’s been promoting for two years are nothing more than expired pharma junk.

    “Translation: Gates admits that the shots are impossible to align with rapidly developing variants, they expire in lighting speed, and they don’t stop transmission. And they don’t work for the only at-risk portion of the population.”

    Schachtel called this “an incredible reversal from the man who once advertised the shots as the cure to the coronavirus,” drawing upon Gates’ previous statement: “everyone who takes the vaccine is not just protecting themselves but reducing their transmission to other people and allowing society to get back to normal.”

    In 2021, Gates described the mRNA vaccines as “magic,” saying they would be a “game changer” in the next five years.

    Gates warns about ‘next pandemic,’ praises lockdowns, calls for more pandemic simulations

    As reported by the Daily Mail Jan. 23, Gates’ talk in Australia was notable for some additional statements he made.

    Gates “called for greater global cooperation using the COVID-19 pandemic as an example of how countries could improve on their response if they worked together,” arguing that “political leaders needed to set aside their differences and work together to prepare for the next virus.”

    He also praised Australia’s strict lockdown policies, saying:

    “Some of the things that stand out are that Australia and about seven other countries did population scale diagnostics early on and had quarantine policies.

    “That meant you kept the level of infection low in that first year when there were no vaccines.”

    Gates also called for more “pandemic simulations” to assist world leaders in dealing with “future pandemics.” He said:

    “The one thing that still hangs in the balance is will we have the global capacity and at the regional and country levels that would mean that when an (infectious disease) threat comes up we act in such a way that it doesn’t go global.

    “We need to be doing every five years a comprehensive exercise at both country and regional levels of pandemic preparedness and you need a global group that’s scoring everybody.”

    As part of such preparedness, Gates called upon countries to have “standby tools,” including vaccines, in place for the next pandemic:

    “So there’s a class that’s got measles in it, a class of flu, a class of coronavirus, and a fourth class, all of which we need to have standby tools, both antivirals and vaccines that can deal with those. It’s very doable. So on the tools front, we can be far more prepared.”

    Schachtel noted that Gates was a sponsor of Event 201, a simulation conducted Oct. 18, 2019, which “predicted” a global coronavirus pandemic. One of the sponsors of Event 201 was the Bill and Melinda Gates Foundation (BMGF).

    The BMGF is a partner of Gavi, The Vaccine Alliance and holds a seat on its board. In turn, Gavi closely collaborates with the ID2020 Alliance, a strong proponent of “vaccine passports,” as previously reported by The Defender. Microsoft and the BMGF are founding members of ID2020.

    According to the same report by The Defender, the BMGF in September 2022 pledged $1.27 billion in support of “global health and development projects.”

    And as previously reported by The Defender, the BMGF previously committed, in June 2020, $750 million toward the development of the AstraZeneca vaccine at Oxford University, and conditional funding of $150 million to the Serum Institute of India — the world’s largest vaccine manufacturer by number of doses produced and sold.

    The Serum Institute also received a $4 million grant from the BMGF in October 2020 to support research and development as part of the COVID-19 response, while in August 2020, the Serum Institute, in partnership with the BMGF and Gavi, agreed to produce up to 100 million doses of COVID-19 vaccines for low- and middle-income countries.

    In a posting on his official blog in December 2020, Gates wrote that his foundation “took on some of the financial risk” for the vaccine, so that if the Oxford-AstraZeneca vaccine was not approved, the Serum Institute wouldn’t “have to take a full loss.”

    Gates’ remarks latest in a string of negative press for COVID, mRNA vaccines

    Gates’ remarks in Australia — and the attention they received from the press — represent the latest in a series of less-than-flattering media portrayals about COVID-19 and mRNA vaccines in recent weeks.

    On Jan. 22, the Wall Street Journal published a highly critical editorial regarding the FDA’s non-disclosure of data pertaining to the efficacy of the COVID-19 bivalent boosters. Allysia Finley, a member of the newspaper’s editorial board, wrote:

    “Federal agencies took the unprecedented step of ordering vaccine makers to produce them and recommending them without data supporting their safety or efficacy.”

    She also accused vaccine makers of “deceptive advertising.”

    Source:( The Defender/Children’s Health Defense News)

     

  • Climate change: Africa has a major new carbon market initiative – what you need to know

    Author: Jonathan Colmer

     Assistant Professor of Economics, University of Virginia

    Published: January 23, 2023 4.55pm SAST

    Climate finance for the African continent got a boost at the 2022 United Nations Climate Conference (COP27), with the launch of the African Carbon Markets Initiative. This aims to make climate finance available for African countries, expand access to clean energy, and drive sustainable economic development.

    Led by a 13-member steering committee of African leaders, chief executives and industry specialists, the initiative promises to expand the continent’s participation in voluntary carbon markets.

    Carbon markets are trading platforms which allow individuals, firms and governments to fund projects that reduce emissions (instead of reducing their own emissions).

    Kenya, Malawi, Gabon, Nigeria and Togo have already indicated their intention to collaborate with the market.

    Our mission is to share knowledge and inform decisions.

    About us

    Climate projects include reforestation and forest conservation, investments in renewable energy, carbon-storing agricultural practices and direct air capture. In return for funding projects like these, investors receive carbon credits – certificates used to “offset” the emissions that they continue to produce.

    The African initiative’s goal is to produce 300 million new carbon credits annually by 2030, comparable to the number of credits issued globally in voluntary carbon offset markets in 2021.

    However, there is considerable scepticism about whether carbon offset credits do mitigate climate change.

    Two important issues

    In assessing the effectiveness of carbon credits, one important concern is the concept of “additionality”. Emission reductions or removals are “additional” if the project or activity would not have happened without the added incentive provided by the carbon credits. For example, if a landowner is paid to not cut down trees, but had no plans to cut them down in the first place, the project does not deliver additional emissions savings. The landowner is paid for doing nothing and the buyer’s emissions are not offset.

    Providing carbon credits to projects that would have been implemented anyway delivers zero climate mitigation, and can result global emissions that are higher than if the credits hadn’t been issued. This is a serious challenge for carbon offset markets because additionality is not measurable, despite industry claims. While project managers may claim that they are unable to proceed without funding, there is no way of knowing whether these claims are true.

    A second issue is permanence. Carbon offsets have to be permanent because carbon emissions remain in the atmosphere for hundreds of years. It is almost impossible to guarantee that emissions will be offset for this length of time. But it depends on the type of offset project.

    There are two types of carbon offset project:

    • those that reduce the amount of carbon that is emitted
    • those that remove carbon from the atmosphere.

    In the case of carbon reduction projects, overall emissions remain positive. Examples of carbon reduction credits include investments in renewable energy. Even though the supplier of the carbon credit is not generating any emissions, the buyer continues to emit, and so the overall level of emissions is positive. Carbon neutrality – net-zero emissions – cannot be achieved using carbon reduction credits.

    There should be more funding available for carbon reduction activities in Africa, but investors should not receive carbon credits to offset their own emissions when supporting these activities. Such investments would be philanthropic – for the good of the planet, not to balance the carbon accounting books.

    Carbon removal projects do, however, have the potential to deliver a permanent net-zero emissions outcome. Direct air capture projects, which use chemical reactions to extract carbon dioxide from the atmosphere and store them deep underground, can meet this goal. The cost of direct air capture, however, remains very high.

    Forest growth, a less costly type of carbon removal project, is less permanent. Landowners may commit not to cut down trees, but wildfires, disease, and other disruption events can release much of the stored carbon back into the atmosphere. There is still value to forest carbon credits, but they can’t guarantee permanence. Forest projects provide “carbon deferrals”. Additional forest growth projects remove carbon from the atmosphere for a fixed amount of time. There is value to this delay because it can reduce peak warming and gives society more time for the costs of decarbonising technologies to fall. While there is value to these carbon deferral projects they should not be used to generate carbon credits that are used to permanently offset the emissions produced through economic activity.

    Goals of the market

    The African Carbon Markets Initiative has bold ambitions. It will attract investments in Africa by firms, consumers and governments in countries that have historically contributed the most to climate change. Whether these investments result in any meaningful climate benefit, however, is unclear. Time will tell.

    Existing carbon offset projects lack credibility. This doesn’t mean that carbon credits can’t be more useful in future. Being transparent about what projects actually deliver, rather than what we hope they deliver, is paramount. Given the limited resources available to mitigate climate change, we need more than good intentions.

    Source:(The Conversation)