Day: May 11, 2022

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Synchronoss passará a fornecer Automação e Gerenciamento de Processos por Atacado para a Brightspeed

Relacionamento irá apoiar as implantações planejadas de fibra da Brightspeed em 20 estados onde está presente

Recursos do Acordo Plurianual InterconectNOW e Análise Financeira irão ajudar a planejar solicitações de serviço e gerenciar as despesas do parceiro de negociação

BRIDGEWATER, N.J., May 11, 2022 (GLOBE NEWSWIRE) — A Synchronoss Technologies Inc. (“Synchronoss” ou a “Empresa”) (Nasdaq: SNCR), líder global e inovadora de nuvem, mensagens e produtos e plataformas digitais, anunciou hoje que assinou um acordo de vários anos com a Brightspeed, fornecedora de serviços de banda larga e telecomunicações com previsão de operação em 20 estados. A Brightspeed será inicialmente composta pelos ativos da operadora de câmbio local (ILEC) e operações associadas da Lumen Technologies (NYSE: LUMN), que são objeto de uma aquisição pendente por fundos gerenciados pela Apollo (NYSE: APO).

A Brightspeed utilizará dois módulos principais da Plataforma Synchronoss networkX – InterconnectNOW (iNOW) e Financial Analytics (FA) – nas suas implantações de fibra planejadas em todo o seu território multiestadual em regiões rurais e suburbanas dos Estados Unidos.

A Brightspeed anunciou anteriormente planos de investir mais de US $ 2 bilhões na construção de uma rede que irá fornecer Internet e Wi-Fi mais rápidos e confiáveis para as comunidades em todo o Centro-Oeste, Sudeste e certas partes da Pensilvânia e Nova Jersey.   A transformação planejada de fibra óptica da empresa deve alcançar até três milhões de residências e empresas nos próximos cinco anos, inclusive em muitos lugares onde a fibra e a tecnologia avançada não foram implantadas.

“Com a ampliação da rede de fibra óptica da Brightspeed, o iNOW e o Financial Analytics passarão a fazer parte integrante da gestão das operações da operadora de atacado da empresa”, disse Chris Hill, Diretor Comercial da Synchronoss. “A automatização e o planejamento de pedidos ao longo do ciclo de vida viabilizarão que a Brightspeed possa atender os pedidos dos clientes e a aumentar sua receita mais rapidamente.”

“Com a nossa parceria com a Synchronoss poderemos ter acesso às plataformas de última geração para alcançar eficiências excepcionais na gestão dos pedidos das nossas operadoras atacadistas e transações de parceiros comerciais”, disse Chris Creager, Diretor Administrativo da Brightspeed. “O iNOW nos permitirá acompanhar completamente os pedidos e nos ajudará a fornecer produtos e serviços de conectividade de classe mundial para as comunidades que estamos prontos para atender.”

A plataforma iNOW elimina o manuseio manual dos pedidos de serviço e administra todo o ciclo de vida entre cliente e fornecedor por meio de automação e validação com base em regras. Ela fornece uma única interface e banco de dados para todos os pedidos de compradores e fornecedores, facilitando o rastreamento dos pedidos desde o recebimento até o atendimento, concilia o faturamento e fornece relatórios em tempo real – reduzindo o tempo para alcance da receita.

A plataforma Financial Analytics simplifica o gerenciamento de faturamento complexo da operadora por meio de um fluxo de trabalho automatizado e mecanismos de regras intuitivas para auditoria, contabilidade, validação e pagamento de faturas. A FA capacita os prestadores de serviços, como a Brightspeed, com as ferramentas e processos necessários para garantir que as despesas entre transportadoras sejam completamente analisadas e confirmadas antes do pagamento.

Os principais provedores de serviços de todo o mundo utilizam a Synchronoss e a plataforma iNOW para gerenciar 39 milhões de pedidos e transações anualmente de 5.000 operadores integrados.

Sobre a Synchronoss

A Synchronoss Technologies(Nasdaq: SNCR) cria software que capacita empresas ao redor do mundo a se conectarem com seus assinantes de forma confiável e significativa. O conjunto de produtos da empresa ajuda a agilizar as redes, simplificar a integração e envolver os assinantes, permitindo novos fluxos de receita, redução dos custos e aumento da velocidade no mercado. Centenas de milhões de assinantes confiam nos produtos da Synchronoss que se mantêm em sincronia com as pessoas, serviços e conteúdo que elas gostam. É por isso que mais de 1.500 funcionários talentosos da Synchronoss em todo o mundo se esforçam todos os dias para reimaginar um mundo em sincronia. Saiba mais em www.synchronoss.com

Sobre a Brightspeed

Com sede em Charlotte, N.C. e previsão de ter ativos e operações associadas em 20 estados, a Brightspeed fornecerá serviços de banda larga e telecomunicações por meio de uma plataforma de rede capaz de atender a mais de seis milhões de residências e empresas. A empresa visa superar a divisão digital implantando uma rede de fibra de última geração e uma experiência do cliente que torne a conexão simples e perfeita. Saiba mais em www.brightspeed.com.

Synchronoss

Contato de Relações com a Mídia:
Domenick Cilea
Springboard
dcilea@springboardpr.com

Contato de Relações com Investidores:
Matt Glover / Tom Colton
Gateway Group, Inc.
SNCR@gatewayir.com

Brightspeed

Contato de Relações com a Mídia:
Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
pr@brightspeed.com

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Synchronoss s’apprête à fournir une automatisation et une gestion des processus de gros à Brightspeed

Cette relation vise à soutenir les déploiements de fibre optique prévus de Brightspeed sur une surface de 20 États

Cet accord pluriannuel comprend interconnectNOW et Financial Analytics
pour faciliter l’orchestration des demandes de service et la gestion des dépenses des partenaires commerciaux

BRIDGEWATER, New Jersey, 11 mai 2022 (GLOBE NEWSWIRE) — Synchronoss Technologies Inc. (« Synchronoss » ou la « Société ») (Nasdaq : SNCR ), un leader mondial et innovateur dans les produits et plateformes numériques, de messagerie et de cloud, a annoncé aujourd’hui la signature d’un accord pluriannuel avec Brightspeed, un fournisseur de services de haut débit et de télécommunications devant opérer dans 20 États. Brightspeed sera initialement composée des actifs de l’entreprise de service local titulaire (ILEC) et des opérations associées de Lumen Technologies (NYSE : LUMN), qui font l’objet d’une acquisition en attente par des fonds gérés par Apollo (NYSE : APO).

Brightspeed utilisera deux modules clés de la plateforme Synchronoss networkX – interconnectNOW (iNOW) et Financial Analytics (FA) – pour ses déploiements de fibre optique prévus sur l’ensemble de son territoire multi-États dans les régions rurales et suburbaines des États-Unis.

Brightspeed avait précédemment annoncé son intention d’investir plus de 2 milliards de dollars dans la construction d’un réseau qui apportera un accès Internet et un Wi-Fi plus rapides et plus fiables aux communautés du Midwest, du Sud-Est et de certaines parties de Pennsylvanie et du New Jersey.   La transformation prévue de la fibre optique par la société devrait atteindre jusqu’à trois millions de foyers et d’entreprises au cours des cinq prochaines années, y compris dans de nombreux endroits où la fibre et la technologie de pointe n’ont jusqu’à présent pas été déployées.

« Alors que Brightspeed continue de développer son réseau de fibre optique, iNOW et Financial Analytics feront partie intégrante de la gestion des activités d’opérateur de gros de la société », a déclaré Chris Hill, directeur commercial de Synchronoss. « L’automatisation et l’orchestration des commandes tout au long du cycle de vie permettront à Brightspeed de suivre le rythme des demandes des clients et de générer des revenus plus rapidement. »

« Notre partenariat avec Synchronoss nous fournira un accès à ses plateformes de pointe afin d’obtenir une efficacité exceptionnelle dans la gestion de nos commandes d’opérateur de gros et de nos transactions avec nos partenaires commerciaux », a déclaré Chris Creager, directeur administratif de Brightspeed. « De bout en bout, iNOW nous permettra de suivre les commandes et nous aidera à fournir des produits et services de connectivité de classe mondiale aux communautés que nous sommes impatients de servir. »

La plateforme iNOW élimine la gestion manuelle des commandes de service et gère l’intégralité du cycle de vie entre le client et le fournisseur via l’automatisation et la validation basée sur des règles. Elle fournit une interface et une base de données uniques pour toutes les commandes des acheteurs et des fournisseurs, facilite le suivi des commandes de la réception à l’exécution, permet de rapprocher la facturation et fournit un reporting en temps réel, raccourcissant ainsi les délais de génération de revenus.

La plateforme Financial Analytics rationalise la gestion de la facturation complexe des opérateurs via un flux de travail automatisé et des moteurs de règles intuitifs pour l’audit, la comptabilité, la validation et le paiement des factures. FA permet aux fournisseurs de services tels que Brightspeed de disposer des outils et processus nécessaires pour s’assurer que les dépenses interopérateurs sont soigneusement analysées et confirmées avant le paiement.

Les principaux fournisseurs de services du monde entier utilisent Synchronoss et la plateforme iNOW pour gérer 39 millions de commandes et de transactions par an auprès de 5 000 opérateurs intégrés.

À propos de Synchronoss

Synchronoss Technologies (Nasdaq : SNCR) est un développeur de logiciels permettant aux entreprises du monde entier de se connecter à leurs abonnés de manière fiable et pertinente. Sa gamme de produits contribue à rationaliser les réseaux, simplifier l’intégration et interagir avec les abonnés afin de créer de nouvelles sources de revenus, de réduire les coûts et d’accélérer la mise sur le marché. Plusieurs centaines de millions d’abonnés font confiance à Synchronoss pour rester en phase avec les individus, les services et les contenus qu’ils aiment. C’est pourquoi plus de 1 500 talentueux collaborateurs de Synchronoss à travers le monde s’efforcent chaque jour de repenser un monde synchronisé. Pour en savoir plus, rendez-vous sur www.synchronoss.com.

À propos de Brightspeed

Basée à Charlotte, en Caroline du Nord, et devant posséder des actifs et des opérations associées dans 20 États, Brightspeed fournira des services de haut débit et de télécommunications via une plateforme réseau capable de desservir plus de six millions de foyers et d’entreprises. L’entreprise vise à combler la fracture numérique en déployant un réseau de fibre à la pointe de la technologie et une expérience client qui permet de rester connecté de manière simple et transparente. Pour en savoir plus, rendez-vous sur www.brightspeed.com.

Synchronoss

Contact pour les relations avec les médias :
Domenick Cilea
Springboard
dcilea@springboardpr.com

Contact pour les relations avec les investisseurs :
Matt Glover / Tom Colton
Gateway Group, Inc.
SNCR@gatewayir.com

Brightspeed

Contact pour les relations avec les médias :
Erik Carlson
Joele Frank, Wilkinson Brimmer Katcher
(212) 355-4449
pr@brightspeed.com

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AFRICA’S MOST INSPIRATIONAL WOMEN IN LEADERSHIP 2022 LIST ANNOUNCED

Africa’s most inspirational women in leadership to lead at 2022 Africa Edition of Break the ceiling touch the sky® – the success and leadership summit for women on June 2.

CAPE TOWN, South Africa, May 11, 2022 /PRNewswire/ — House of Rose Professional Pte. Ltd (HORP) today announced its 2022 List of Africa’s Most Inspirational Women in Leadership. The list included over 100 inspirational leaders and was curated by House of Rose Professional after assessing senior female executives across Africa from over 400 Companies/Organizations. Five factors were used in the final determination of Africa’s Most Inspirational Women in leadership –  Career achievements; scale of influence; active and visible advocacy for gender equality; active support of other women in leadership within and outside of their own organizations/ Companies; and sharing of their best practices for success across broader industry.

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Several of Africa’s Most Inspirational Women in Leadership will be sharing their best practices for success at the upcoming 2022 Africa Edition of Break the ceiling touch the sky® – the success and leadership summit for womenwhich will be held virtually on June 2, 2022. These include: Nene Maiga, CEO Orange Botswana, Carli Jacobs, Head of life & Health Reinsurance for Southern Africa, Swiss Re; Phillipine Mtikitiki, Vice President, South Africa Franchise, The Coca-Cola Company; Paloma Lengema, Head of Marketing, BIC East Africa; Mashudu Lembede, Country Chief Executive Zambia, Bureau Veritas Group; Cynthia Griffin, Minister Counselor Commercial Affairs, Sub-Saharan Africa, US Department of Commerce and Dr Susan Mboya, Principal and International Advisor, Navigators Global LLC.  Other  speakers at the summit include Vukani Mngxati, Chief Executive Officer, Africa, Accenture; Alex von Behr, President vBAssociates, Senior Advisor – House of Rose Professional and former Global Chief Customer Officer, Unilever; Ismael Bello, General Manager, Sub-Saharan Africa, Mars Wrigley; Ranu Gupta, Managing Partner, Performance Leverage; Alfred Olajide, Vice President and General Manager, Nigeria, The Coca-Cola Company; Cyprian Kabbis, District Chief Executive – Eastern Africa, Bureau Veritas Group, Brian Peters, Former Mr. Universe and  Anthony A. Rose, Chairman and CEO, House of Rose Professional.

Break the ceiling touch the sky® is the world’s leading forum for women in leadership, having inspired and enabled several thousand leaders to greater success across editions in Africa, North America, Europe, Middle East, ANZ and Asia since 2015.  The summit brings together leaders from the best Companies leading in the world to share best practices on leadership, diversity & inclusion, and success.  The 2022 Africa Edition of Break the ceiling touch the sky® on June 2, 2022 will cover topics including the future of business in Africa – leadership and growth strategies; Success secrets of the most inspirational women leaders; small actions and big impact; and a special segment on wellness.

The summit is a key enabler of HORP’s Mission 2029 for a Better World – the 10 year initiative to shape a better world through better (gender) diversity & inclusion, leadership and business. With some of the world’s fastest growing economies in Africa, the Region is expected to contribute significantly towards this Mission.

Companies or individuals can view the Break the ceiling touch the sky® Africa’s Most Inspirational Women in Leadership 2022 List and register for the 2022 Africa Edition of Break the ceiling touch the sky®, June 2 at www.houseofroseprofessional.com

The 2022 Africa Edition of Break the ceiling touch the sky® is sponsored by Coca-Cola, Bureau Veritas and Accenture.

House of Rose Professional Pte. Ltd® is a global leader in the Talent, Training and Transformation areas of business.

Inquiries contact:

Anthony A. Rose
 House of Rose Professional Pte. Ltd.
Email: anthony@houseofroseprofessional.com
www.houseofroseprofessional.com

Logo – https://mma.prnewswire.com/media/1559937/House_of_Rose_Professional_Logo.jpg

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SOLVE FSHD Announces Appointment of Executive Director Dr. Eva Chin and Venture-Philanthropic Funding Structure

SOLVE FSHD’s Venture Philanthropy Model

The model will enable SOLVE FSHD to be financially self-sustainable through return on investments.

VANCOUVER, British Columbia, May 11, 2022 (GLOBE NEWSWIRE) — Following SOLVE FSHD’s recent acclaimed launch, the organization is pleased to formally announce the appointment of Dr. Eva Chin as the Executive Director. SOLVE FSHD’s Founder, Chip Wilson, has personally committed USD100 million to find a cure for facioscapulohumeral muscular dystrophy (FSHD), a rare disease he was diagnosed with at the age of 32. As the inaugural Executive Director for SOLVE FSHD, Dr. Chin will be responsible for aligning the organization’s goals with the expertise of researchers, scientists and companies to promote and fund the discovery and development of new therapies for FSHD.

“Dr. Chin’s experience and specialization in rare neuromuscular diseases add immense value to our organization. We are excited to gain her expertise and guidance to achieve the organization’s goal of finding a cure for FSHD by December 2027,” says Chip Wilson, SOLVE FSHD Founder. He added, “Within just a few weeks of the organization’s launch, SOLVE FSHD has received a tremendous response to the call for qualified grant applications and new therapeutic technologies, which will be reviewed under Dr. Chin’s leadership. In addition, she has worked tirelessly to build strong industry alliances for SOLVE FSHD, closely assessed the exciting projects to fund and facilitated collaborative funding opportunities across the academic and industry sectors in FSHD research and drug development.”

Dr. Chin obtained her Ph.D. in Physiology from the University of Waterloo in Canada and completed post-doctoral training at the University of Sydney, Australia and U.T. Southwestern Medical Center in Dallas, focusing on intracellular calcium in muscle fatigue and transcriptional regulation of gene expression in muscle fibre type determination and muscle plasticity.

“I am honoured to join the Solve FSHD team, supporting Chip and the Wilson Family in our mission to improve the quality of life for those affected by rare neuromuscular diseases by funding qualified research projects and pre-clinical and clinical research that will accelerate finding a cure for FSHD,” says Dr. Eva Chin, Solve FSHD Executive Director.

Dr. Chin’s career has spanned the academic and pharmaceutical industries, with previous positions at Pfizer, the University of Maryland, MyoTherapeutics, Cytokinetics and NMD Pharma. While at Pfizer, Eva shifted her career from academic research focusing on cellular and molecular mechanisms of muscle function to discovering and developing muscle-targeted therapies. Over the past five years, she has led the nonclinical development of numerous drug candidates in clinical trials for ALS, SMA, myasthenia gravis and hypertrophic cardiomyopathy.

Under Dr. Chin’s guidance, Solve FSHD’s venture-philanthropic funding model will strategically utilize Wilson’s monetary commitment to support the initial grants, investments in early-stage companies focused on FSHD and to incentivize pharmaceutical companies in the neuromuscular disease space to increase their focus on FSHD. The venture philanthropy model will enable the organization to be financially self-sustainable through return on investments. The investments in viable, albeit high-risk, research opportunities may generate a continued re-investment stream into the organization to further support grant funding initiatives.

“To take advantage of recent advances in genetic therapeutics, SOLVE FSHD constructed a creative funding platform to facilitate the development of treatments that rapidly slow, stop or even reverse weakness in FSHD,” said Dr. John Day, MD, Ph.D., Director of Stanford University’s Neuromuscular Medicine program. “Having someone with Dr. Eva Chin’s experience and capabilities join SOLVE FSHD is critical to establishing the scientifically rigorous program needed to define and validate safe and effective treatments as quickly as possible,” says Dr. John Day, MD, Ph.D., Neuromuscular Medicine, Stanford Neuroscience Health Center.

About Solve FSHD
Solve FSHD is funding innovative biotech and biopharma research and development activities that accelerate novel treatments of Facioscapulohumeral muscular dystrophy (FSHD) treatment. It is fully funded and created by Canadian entrepreneur and philanthropist Chip Wilson. The founder of yoga-inspired athletic apparel company Lululemon Athletica inc. has been living with FSHD for the last three decades of his life. He has committed $100 million of his own money to create SOLVE FSHD and kick-start funding into projects that fit the organization’s mission: accelerate research into new therapies and find a cure for the disorder by 2027.

Future announcements for grant funding will be issued on SOLVE FSHD’s website – https://solvefshd.com/. For early-stage companies, contact SOLVE FSHD at info@solvefshd.com.

If you have FSHD and want to find out about clinical trials or be included in the FSHD registry, please see SOLVE FSHD’s website – https://solvefshd.com/

For media inquiries or to request a media interview, please contact:
Kamran Shaikh, Account Director
PR Associates
kshaikh@prassociates.com
778-846-5406

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0e87aacb-92f4-4723-9e7e-e24021cff5f7

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Amid Blood Supply Emergency, New Heaven New Earth Shincheonji Church Steps Up to Donate

NEW YORK, May 11, 2022 /PRNewswire/ — Dozens of New York-based members of New Heaven New Earth, Shincheonji Church of Jesus (SCJ), participated in a group blood donation expected to run May 6th through May 13th. Donations were made through the New York Blood Center (NYBC), one of the world’s largest independent blood centers.

The church members’ donations come amid a blood supply emergency announced by the NYBC. As of May 9th, the organization reported that inventory is low across all blood types. Ideally, the center would have a 5-7-day blood supply. Currently, however, blood types O and B have fallen to a 1-2-day level.

“This time of the year always tends to be difficult for the blood supply, with school spring breaks and increased travel making blood donations less of a priority,” said Andrea Cefarelli, senior executive director at NYBC. “These factors are now coinciding with increasing COVID cases and a potential fifth wave of the pandemic.”

The latest news comes during a national blood supply shortage that has made headlines since early 2022. Pix 11 reported that the NYBC previously collected 50 pints of blood on a typical day. By January 2022, it was only collecting seven or eight pints per day.

Inspired to save lives and raise awareness, members of SCJ in New York leaped at the chance to donate blood. The church hopes that others will be encouraged to do the same.

Donations made in New York follow the group blood donation of more than 18,478 members of SCJ in South Korea. All certificates and tickets collected within the two-week donation period will be given to the Korean Red Cross. So far, donation tickets worth nearly $100,000 have been gathered.

SCJ members have stepped up to donate blood since 2020. Following a request made by the Korea Centers for Disease Control and Prevention, members donated plasma at a time when Covid-19 treatments were not yet available.

“I was deeply moved when 6,000 members of the church donated plasma for the development of a treatment for COVID-19 in 2020,” said an official from Green Cross Korea. “Once again, I would like to express my gratitude to Shincheonji Church of Jesus, which has stepped forward in times of national crisis.”

For more information: www.scjamericas.org

MEDIA CONTACT: Gina Del Gigante, 16466287365, info@scjamericas.com

Photo – https://mma.prnewswire.com/media/1815598/Untitled_design__1__1.jpg

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In the Sahel, the African Development Bank Group helps the region push to its potential

Through multiple transformative actions, the African Development Bank Group has become an indispensable development partner for Sahel countries facing enormous challenges. Support for the Sahel region, in areas including infrastructure, women’s empowerment and climate change adaptation, is in line with the priorities set by the Bank, focusing on the Sahel’s significant opportunities in order to help it realize its potential for development.

 

“The Bank Group has a deep knowledge of the region’s challenges and is taking every opportunity to strengthen resilience, develop high-quality infrastructure, support the private sector to create millions of jobs for young people and empower women,” said Marie-Laure Akin-Olugbade, the Bank’s Director-General for West Africa.

 

Over the years, the Bank Group has broadened its scope of action and tailored its response to the needs of the region. The Group’s priority areas of engagement in the Sahel are: resilience and the fight against fragility, infrastructure development, food security, youth employment, women’s empowerment, adaptation to climate change, refugee assistance, governance, regional integration, and the fight against coronavirus.

 

In recent years, the Bank Group has used its concessional financing window, the African Development Fund, to provide sustained and diversified support to Sahelian countries’ development programmes. As of 30 September 2020, its portfolio in the G5 Sahel countries comprised 105 projects with total commitments of $3.2 billion.

 

Strong response to Covid-19

 

In response to the Covid-19 pandemic, the African Development Fund has helped these countries to mitigate the health, social and economic consequences and has supported their economic recovery plans. For example, the Fund provided $285 million in targeted emergency budget support and a $20-million grant to Burkina Faso, Chad, Mali, Mauritania and Niger.

 

The African Development Bank is a founding member of the Sahel Alliance(link is external), along with the World Bank, the European Union, the United Nations Development Programme, France and Germany. The Sahel alliance, which receives decisive support from the Bank, aims to provide an appropriate and effective response in six priority sectors: education and youth employment, agriculture, rural development, food security, energy and climate, and internal security.

 

The Bank’s contributions include the financing of the Priority Investment Programme (PIP) developed by the G5 Sahel Executive Secretariat.

 

At the Summit for Heads of State of the G5 Sahel held in Ouagadougou in September 2019, Bank President Dr Akinwumi A. Adesina launched the “Desert to Power” initiative to produce 10 gigawatts of solar energy by 2030 to provide electricity to 250 million people in 11 countries of the Sahel.

 

Many programmes are underway as part of this initiative. In Chad, for example, multi-party funding is enabling construction of the Djermaya solar power plant. The funding was realized thanks to the catalysing action of the Bank, which is also providing the project with a partial risk guarantee. The 34-megawatt power plant will provide 10% of the energy supplied to the interconnected system and will prevent more than 45 kilotonnes of CO2 emissions.

 

Solar power plants in Burkina Faso

 

In Burkina Faso, the Yeleen project, which benefits from €48.82 million ($51.35 million) in Bank funding, is enabling the development of solar power plants and the strengthening of the national electrical network. This project includes the construction of four solar photovoltaic power plants in four cities: Ouagadougou (Centre), Dori (North), Diapaga (East) and Gaoua (South-west) connecting 30,000 households, or more than 200,000 people, to the power grid. Dozens of educational, apprenticeship and technical and vocational training centres located in the project areas will also gain access to electricity that will improve their operations.

 

As part of its support to fragile states, the Bank Group is pushing ahead with transformative programmes. In Niger, the Bank is contributing $130 million to the flagship Kandadji Dam construction programme, for which it is the lead technical and financial partner. At a cost of approximately $1.2 billion, Kandadji is an integrated and strategic national and cross-border programme that will transform the lives of more than three million direct beneficiaries and contribute to a marked improvement in the living conditions of 10 million people.

 

In Mali, the African Development Fund is financing the Socio-Economic Reintegration Support Project for the Population of Northern Mali, which will benefit 635,000 people, at a total investment cost of 8.5 billion CFA francs ($13.6 million).

 

Drought and insecurity

 

The Bank is also helping with women’s empowerment, with direct projects and through credit lines to financial institutions. Support for the private sector and state institutions is also essential for strengthening governance in this fragile region.

 

The economy of the Sahel is constantly challenged by the effects of climate change, with droughts and floods that undermine people’s livelihoods and further accentuate already-precarious living conditions. This situation fuels community conflicts, migration, terrorism, maritime piracy and trafficking of all kinds. Young people, (65% of the population of the Sahel) facing unemployment are particularly exposed to these scourges. To help countries in the region address these challenges, the African Development Bank Group has provided more than $2.1 billion over the past decade to support the work of the Permanent Interstate Committee for Drought Control in the Sahel, which includes the G5 Sahel countries.

 

Through the African Fragility and Resilience Strategy and the Transition Support Facility as a financing instrument, the Bank Group will continue to prioritize the Sahel, increasing its support to fragile countries in the region. The aim is to strengthen their resilience, to lay the foundations for sustainable peace and to achieve the twin strategic objectives of inclusive and green growth and reducing extreme poverty. The African Development Bank Group is working for a prosperous, stable and resilient Sahel.

 

 

Source: African Development Bank

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SADC to hold a joint meeting of ministers responsible for agriculture and food security, fisheries and aquaculture

Gaborone, Botswana: The Southern African Development Community (SADC) will on 13th May, 2022 hold a Joint Meeting of Ministers Responsible for Agriculture and Food Security, Fisheries and Aquaculture in Lilongwe, Republic of Malawi.

The objective of the meeting is to follow up on the decisions of SADC Summit, Council of Ministers and the Sectoral Committee of Ministers responsible for Agriculture and Food Security, Fisheries and Aquaculture. The meeting will specifically review the food security situation following challenges experienced by the region with regards to excess rains that caused flooding in some parts, cyclones and drought in others; outbreaks of transboundary animal and plant pests and diseases; and developments in the fisheries and aquaculture sector.

The meeting will review the implementation of the Regional Agricultural Policy (RAP) and its related programmes including food security, livestock, crops and fisheries and aquaculture; as well as review programmes of work of the SADC Plant Genetics Resources Centre (SPGRC) and Centre for Coordination of Agriculture Research and Development in Southern Africa (CCARDESA).

Ministers will also deliberate on programmes of regional dimension in support of the implementation of the Regional Indicative Strategic Development Plan (RISDP) 2020-2030 and the SADC Vision 2050 particularly programmes for the development of Agriculture and Food Security, Fisheries and Aquaculture sectors.

The Joint Meeting of Ministers Responsible for Agriculture and Food Security, Fisheries and Aquaculture, will be preceded by the meeting of the SADC Senior Officials responsible for Agriculture and Food Security, Fisheries and Aquaculture to be held from 10 – 12 May 2022.

 

 

Source: Southern African Development Community