EMGA achève une levée de fonds de 9,4 millions d’euros pour Kashf Foundation avec un financement de BIO

LONDRES, 03 oct. 2022 (GLOBE NEWSWIRE) — La facilité de financement de 9,4 millions d’euros pour Kashf Foundation a été créée, structurée et négociée par Emerging Markets Global Advisory LLP (EMGA), la banque d’investissement des marchés émergents.

S’exprimant au sujet de cette transaction, M. Shahzad Iqbal, directeur financier de Kashf Foundation, a déclaré : « Kashf Foundation est enregistrée en tant que société de microfinancement non bancaire réglementée par la Securities and Exchange Commission of Pakistan. Créée en 1996 en tant que première institution de microfinancement spécialisée du Pakistan, elle a commencé ses opérations en répliquant Grameen et, depuis lors, elle est parvenue à forger sa propre niche dans le secteur du microfinancement pakistanais en proposant une série de produits et de services novateurs et transformateurs aux ménages à faible revenu, et en particulier aux femmes. Elle a une portée actuelle de plus de 600,00+ emprunteuses à travers ses plus de 360 succursales avec un GLP de plus de 90 millions USD. »

« Je souhaite juste dire que cela a toujours été un plaisir de travailler avec EMGA sur de nouvelles transactions afin d’étendre notre réseau et notre portée. C’est la première transaction que nous réalisons avec BIO et cela aussi, en euros. J’ai la certitude que BIO et Kashf travailleront ensemble et construiront des relations solides pour accroître l’inclusion financière au Pakistan et, en particulier, pour les femmes. Cette transaction aidera Kashf Foundation à étendre sa portée non seulement dans ses zones opérationnelles existantes, mais également dans les nouvelles régions géographiques du Pakistan. »

Le directeur général et responsable des opérations bancaires d’investissement d’Emerging Markets Global Advisory LLP (EMGA), Sajeev Chakkalakal, a déclaré : « Cela a été un plaisir de poursuivre notre partenariat à long terme avec Kashf Foundation et de fournir cette nouvelle solution de financement en dépit de l’environnement économique volatil au Pakistan et dans le monde entier. » Commentant également la transaction, Jeremy Dobson, directeur général d’Emerging Markets Global Advisory Limited (EMGA), a commenté : « Cela a été un réel plaisir de travailler à nouveau avec Kashf Foundation sur cette dernière transaction et d’aider à soutenir sa clientèle de micro-entrepreneuses. »

Frédéric Vereecke, responsable des investissements de Belgian Investment Company for Developing countries (BIO), a révélé : « Nous nous félicitons de l’occasion qui nous est donnée d’aider Kashf Foundation à autonomiser les femmes et leur famille en fournissant des services financiers de qualité aux ménages à faible revenu au Pakistan. »

Kashf Foundation est enregistrée en tant que société de microfinancement non bancaire réglementée par la Securities and Exchange Commission of Pakistan. Créée en 1996 en tant que première institution de microfinancement spécialisée du Pakistan, elle a commencé ses opérations en répliquant Grameen et, depuis lors, elle est parvenue à forger sa propre niche dans le secteur du microfinancement pakistanais en proposant une série de produits et de services novateurs et transformateurs aux ménages à faible revenu, et en particulier aux femmes.

Belgian Investment Company for Developing countries (BIO) soutient un secteur privé solide dans les pays en développement et émergents, afin de leur permettre d’accéder à la croissance et au développement durable dans le cadre des Objectifs de développement durable. Elle y parvient en investissant dans des petites et moyennes entreprises, des institutions financières et des projets d’infrastructure, contribuant ainsi à la croissance socioéconomique des pays en développement.

Emerging Markets Global Advisory Limited (EMGA), avec des bureaux à New York et à Londres, aide les institutions financières et les entreprises à trouver des capitaux propres ou d’emprunt. EMGA fournit ses services à des clients dans de nombreuses économies en développement rapide du monde, dont le Pakistan. Forte d’une expérience éprouvée dans la formation de capital et le conseil stratégique tout au long de divers cycles économiques, EMGA continue d’étendre sa portée géographique et son offre de services, consolidant sa place sur le marché en tant que l’une des banques d’investissement prédominantes sur les marchés émergents.

Coordonnées
info@emergingmarketsglobaladvisory.com

A EMGA concluiu uma angariação de capital de 9,4 milhões de EUR para a Kashf Foundation com financiamento da BIO

LONDRES, Oct. 03, 2022 (GLOBE NEWSWIRE) — A linha de financiamento no valor de 9,4 milhões de euros para a Kashf Foundation foi criada, estruturada e negociada pela Emerging Markets Global Advisory LLP (EMGA), o banco de investimento para os mercados emergentes.

Ao falar sobre a transação, o Sr. Shahzad Iqbal, diretor financeiro (CFO) da Kashf Foundation afirmou: “A Kashf Foundation está registada como uma empresa de microcrédito não bancária, regulada pela Comissão de Valores Mobiliários do Paquistão. Criada em 1996 como a primeira instituição especializada em microcrédito do Paquistão, a Kashf começou as suas operações procurando imitar o Banco Grameen e, desde então, a Kashf conseguiu encontrar um nicho único e distinto para si no setor do microcrédito no Paquistão, ao oferecer um conjunto de produtos e serviços inovador e transformador para agregados familiares de baixos rendimentos, especialmente para as mulheres. Possui um alcance atual de mais de 600,00+ mutuários do sexo feminino nas suas mais de 360 agências e um portfólio de empréstimos no valor de mais 90 milhões de dólares.”

“Queria apenas dizer que tem sido sempre um prazer trabalhar com a EMGA em transações novas para expandirmos a nossa rede e o nosso alcance. Esta é a primeira transação que estamos a realizar com a BIO e, também, pelo facto de ser em euros. Acredito que a BIO e a Kashf irão trabalhar em conjunto e criar uma relação sólida para aumentar a inclusão financeira no Paquistão e, sobretudo, para as mulheres. Esta transação irá ajudar a Kashf Foundation a expandir o seu alcance não só nas suas áreas operacionais existentes, mas também em novas regiões geográficas por todo o Paquistão.”

O diretor executivo e responsável pelo investimento bancário do Emerging Markets Global Advisory LLP (EMGA), Sajeev Chakkalakal, afirmou: “Foi um prazer dar continuidade à nossa parceria de longo prazo com a Kashf Foundation e proporcionar esta nova solução de financiamento apesar do volátil ambiente económico tanto no Paquistão como em todo o mundo.” Falando também sobre a transação, o diretor executivo do Emerging Markets Global Advisory Limited (EMGA), Jeremy Dobson, afirmou: “Foi um verdadeiro prazer trabalhar com a Kashf Foundation uma vez mais nesta última transação e ajudá-la a apoiar a sua base de clientes, composta por mulheres microempreendedoras.”

Frédéric Vereecke, diretor de investimento da Belgian Investment Company for Developing Countries (BIO) comentou: “Abraçamos a oportunidade de apoiar a Kashf Foundation a capacitar mulheres e as respetivas famílias, ao fornecer serviços financeiros de qualidade a agregados familiares de baixos rendimentos no Paquistão.”

A Kashf Foundation está registada como uma empresa de microcrédito não bancária, regulada pela Comissão de Valores Mobiliários do Paquistão. Criada em 1996 como a primeira instituição especializada em microcrédito do Paquistão, a Kashf começou as suas operações procurando imitar o Banco Grameen e, desde então, a Kashf conseguiu encontrar um nicho único e distinto para si no setor do microcrédito no Paquistão, ao oferecer um conjunto de produtos e serviços inovador e transformador para agregados familiares de baixos rendimentos, especialmente para as mulheres.

A Belgian Investment Company for Developing Countries (BIO) apoia um sólido setor privado em países emergentes e em vias de desenvolvimento, para lhes possibilitar terem acesso ao crescimento e ao desenvolvimento sustentável no âmbito do quadro dos Objetivos de Desenvolvimento Sustentável. Conseguem fazê-lo ao investir em pequenas e médias empresas, instituições financeiras e projetos de infraestruturas, contribuindo para o crescimento socioeconómico nos países em desenvolvimento.

A Emerging Markets Global Advisory Limited (EMGA), que tem escritórios em Nova Iorque e Londres, ajuda instituições financeiras e empresas que procuram novo capital próprio e capital de dívida. A EMGA presta os seus serviços a clientes em muitas das economias de crescimento mais rápido, incluindo o Paquistão. Com um histórico comprovado na formação de capital e em consultoria estratégica em diversos ciclos económicos, a EMGA continua a expandir o seu alcance geográfico e a sua oferta de serviços, à medida que solidifica o seu lugar no mercado com um dos bancos de investimento para os mercados emergentes mais proeminente do setor.

Contacto
info@emergingmarketsglobaladvisory.com

EMGA completes EUR 9.4M capital raise for Kashf Foundation with financing from BIO

LONDON, Oct. 03, 2022 (GLOBE NEWSWIRE) — The EURO 9.4 million funding facility for Kashf Foundation was originated, structured, and negotiated by Emerging Markets Global Advisory LLP (EMGA), the emerging market investment bank.

Speaking on the transaction, Mr Shahzad Iqbal, CFO of Kashf Foundation said, “Kashf Foundation is registered as a Non-Banking Micro Finance Company regulated by the Securities and Exchange Commission of Pakistan. Set up in 1996 as the first specialized microfinance institution of Pakistan it began its operations as a Grameen replicator and since then, Kashf has successfully carved out a distinct and unique niche for itself in the microfinance sector in Pakistan by offering a suite of innovative and transformative products and services to low-income households especially for women. It has a current outreach of over 600,00+ female borrowers across its 360+ branches with a GLP of USD 90+ million.”

“Just to share that it has always been a pleasure working with EMGA on new transactions to expand our network and outreach. This is the first ever transaction that we are doing with BIO and that too, in Euros. I believe BIO and Kashf will work together and build a strong relationship to increase the financial inclusion in Pakistan and particularly for women. This transaction will help Kashf Foundation to expand its outreach not only in its existing operational areas but also in the new geographical regions across Pakistan.”

Emerging Markets Global Advisory LLP (EMGA)’s Managing Director and Head of Investment Banking Sajeev Chakkalakal said, “It has been a pleasure to continue our long-term partnership with Kashf Foundation and deliver this new financing solution despite the volatile economic environment both within Pakistan as well as globally.” Also commentating on the transaction, Emerging Markets Global Advisory Limited (EMGA)’s Managing Director Jeremy Dobson said, “It was a real pleasure to work with Kashf Foundation again on this latest transaction and help support their female micro-entrepreneur client base.”

Frédéric Vereecke, Investment Officer from the Belgian Investment Company for Developing countries (BIO) commented, “We welcome the opportunity to support Kashf Foundation in empowering women and their families by providing quality financial services to low-income households in Pakistan.”

Kashf Foundation is registered as a Non-Banking Micro Finance Company regulated by the Securities and Exchange Commission of Pakistan. Set up in 1996 as the first specialized microfinance institution of Pakistan it began its operations as a Grameen replicator and since then, Kashf has successfully carved out a distinct and unique niche for itself in the microfinance sector in Pakistan by offering a suite of innovative and transformative products and services to low-income households especially women.

Belgian Investment Company for Developing countries (BIO) supports a strong private sector in developing and emerging countries, to enable them to gain access to growth and sustainable development within the framework of the Sustainable Development Goals. They achieve this by investing in small and medium-sized enterprises, financial institutions, and infrastructure projects, contributing to socio-economic growth in developing countries.

Emerging Markets Global Advisory Limited (EMGA), with offices in New York and London helps financial institutions and corporates that seek new debt or equity capital. EMGA provides its services, to clients within many of the worlds rapidly developing economies, including Pakistan. With a proven track record in capital formation and strategic advisory throughout diverse economic cycles, EMGA continues to expand its geographic reach and service offering, as they solidify their place in the market as one of the industries preeminent emerging markets focused investment banks.

Contact details
info@emergingmarketsglobaladvisory.com

Hurricane Ian Dumped 10% More Rain Due to Climate Change: Research

Climate change increased the rainfall from Hurricane Ian by more than 10 percent, according to a new quick-fire analysis, as one of the most powerful storms ever to hit the United States devastated parts of Florida.

Ian “could be the deadliest hurricane in Florida history,” President Joe Biden said after the storm brought ferocious winds, turned streets into churning rivers that swept away homes and left an unknown number of casualties.

According to a rapid and preliminary analysis, human-caused climate change increased the extreme rain that Ian unleashed by over 10 percent, U.S. scientists said.


“Climate change didn’t cause the storm but it did cause it to be wetter,” said Lawrence Berkeley National Laboratory’s Michael Wehner, one of the scientists behind the new finding.

The researchers compared simulations of today’s world — which has warmed nearly 1.2 degrees Celsius since pre-industrial times — with counterfactual simulations of a world without human-induced climate change.

Wehner said these were “conservative estimates,” adding that while they are not peer reviewed, they are based on methods used in a study on the 2020 Atlantic hurricane season, which was published in April in the journal Nature Communication.

Climate change from emissions of planet-heating greenhouse gases is warming the ocean’s surface and increasing moisture in the atmosphere that fuels hurricanes.


Although the total number of tropical storms, or cyclones, may not increase, scientists say warming is whipping up more powerful cyclones with stronger winds and more precipitation.

“Human-caused climate change is affecting hurricanes in many ways including causing them to intensify faster, be stronger overall, and dump a lot more rain,” tweeted climate scientist Katharine Hayhoe, who was not involved in the research.

For each degree Celsius of warming, scientists expect the water in the atmosphere to increase by around seven percent.

But Wehner said that his research found that storms are “more efficient” at turning the available moisture into rainfall.

Ian swept across Cuba Tuesday, downing the country’s power network, before slamming into the Florida coast Wednesday as a strong Category 4 hurricane.

The National Hurricane Center said Thursday the then-Category 1 storm was expected to bring “life-threatening flooding, storm surge and strong winds” to the Carolinas.

 

 

Source: Voice of America

 

Guide Sensmart présente sa dernière innovation, la caméra thermique à clip, au salon ADIHEX 2022

WUHAN, Chine, 1er octobre 2022/PRNewswire/ — ADIHX, le plus grand salon de la chasse, de l’équitation et de la préservation du patrimoine au Moyen-Orient et en Afrique, bat son plein au Centre national des expositions d’Abou Dabi. Guide Sensmart, le principal fabricant de caméras thermiques, marque son apparition dans le Hall 11 en tant qu’excellent producteur de caméras thermiques hautes performances.

Guide Sensmart Booth in Hall 11

À l’occasion de la 19e édition de l’événement, Guide Sensmart présente sa gamme de produits aux amateurs de chasse. Il s’agit des monoculaires d’imagerie thermique Guide TK Gen2 et TD, des jumelles d’imagerie thermique de la série TN, des lunettes thermiques TS et TU, et de la dernière innovation, l’accessoire à clip pour la caméra thermique de la série TA Gen2 Aquila. Les séries TK Gen2 et TD sont optimales pour répondre aux différents besoins des chasseurs, des explorateurs de la nature et des professionnels. La série TN est l’outil idéal pour les chasseurs, les observateurs de la faune et les professionnels de la recherche et du sauvetage. Les lunettes TS et le TU sont indispensables pour un chasseur qui recherche l’efficacité et la précision ultimes. La nouvelle série TA conviendra parfaitement aux chasseurs.

Guide TA Gen2 Aquila Series Thermal Imaging Clip-on Attachment

La fixation de la lunette thermique TA Gen2 transforme une optique de jour en un dispositif thermique complet. Elle offre des capacités de visée supérieures et une excellente acquisition de cible en utilisant les technologies d’imagerie à signature thermique pour aider les utilisateurs à acquérir et à localiser des cibles dans des conditions de faible luminosité ou de nuit. Ses détecteurs d’imagerie thermique améliorés de 17 μm et 12 µm avec des résolutions de 400 x 300 et 640 x 480 pixels respectivement fournissent une image exceptionnellement nette et une excellente sensibilité thermique dans toutes les conditions difficiles. Les doubles algorithmes, le TDE-Tech et le PureIR, augmentent la clarté de l’imagerie et le détail global de l’image, apportant un champ de vision plus net et plus détaillé, ainsi que de meilleures capacités d’identification des objets. La batterie standard 18650 assure une puissance suffisante pour 7 heures de fonctionnement, et le remplacement simple et rapide de la batterie permet une observation continue sans interruption. Les trois modes de scène et les six palettes de couleurs permettent aux utilisateurs d’observer leur champ de vision plus efficacement et d’adapter l’appareil aux situations d’observation changeantes.

Hormis l’ADIHX, la Coupe du Monde de la FIFA 2022 devrait débuter au Qatar en novembre. Attendons avec impatience ce tournoi.

À propos de Guide Sensmart

Guide Sensmart est une filiale de Guide Infrared (SZ.002414), le leader mondial des systèmes d’imagerie thermique infrarouge avec plus de 20 ans d’expérience dans l’industrie infrarouge et une capacité de production de masse. Pour en savoir plus, visitez le site  https://www.guideir.com/ .

Photo –  https://mma.prnewswire.com/media/1910782/1.jpg

Photo –  https://mma.prnewswire.com/media/1910783/2.jpg 

President wants to diversify cooperation with China

Luanda – Angolan head of State João Lourenço Saturday said that the country intends to continue exploring the best ways to diversify and strengthen the traditional ties of friendship, based on international solidarity and community of values between Angola and China.

The intention is expressed in a message of congratulation sent to his Chinese counterpart, Xi Jinping, on 73 years of the People’s Republic of China.

João Lourenço says he is convinced that relations between the two countries contain all the potential to instill a new dynamic of cooperation, capable of winning concrete results and mutual benefits in carrying out common projects.

The head of State praised the permanent progress made by China since the second half of the 20th century, which place that country in the concert of nations not only as a world reference for stability, progress and development, but also as another pillar on which the world peace and security are built.

Since 2007, Angola has been China’s largest trading partner in Africa, with a turnover of US$24.8 billion in 2010 alone.

In 2017, the value of trade with the Asian giant rose by 61.32 percent in the first quarter, that is, to 5.55 billion US dollars.

At the end of 2018, China approved a new US$2 billion financing line

 

 

Source: Angola Press News Agency

 

Dining in the Dark: Brussels Eateries Tackle Energy Crunch

While European Union nations are still mulling a cap on gas prices, some businesses are more in a hurry for solutions to the continent’s energy crisis.

In Brussels, the epicenter of the EU, restaurant owners have imagined how a future without gas and electricity would look like for gourmets.

The guests at the dinner served at the Brasserie Surrealiste and cooked by Racines employees this week were the first to experience it: No ovens, no stoves, no hot plates, no coffee machines and no light bulbs.

Still, great food.

Just cold entrees, or slightly grilled over the flaming charcoal grill of a Japanese barbecue, served at candle-lit tables.

“The idea is to go back to the cave age,” said Francesco Cury, the Racines owner. “We prepared a whole series of dishes that just need to be grilled for a few seconds … But the search for taste, for the amazing, for the stunning, is still part of our business.”

On the menu: brioche with anchovies, porchetta and focaccia cooked on a wood fire, raw white tuna, grilled pork with beans, and ricotta cream with pumpkin jam and pistachios as desert.

But what sounds like a romantic atmosphere and a one-time experience is actually what customers could face more permanently if energy bills keep increasing.

“People see price increases of 30% to 40% in the supermarket. And we, restaurant owners, buy the same raw material, the same products. So what do we do? We increase the prices. But then on top comes the price of gas and electricity. Can we do our job without energy sources? The answer is no,” Cury said. “So we have to think a little bit more, and society has to realize how critical the situation is.”

The dramatic rise of inflation in Belgium could have been a deterrent, but 50 guests took part in the dinner Thursday organized as part of the “Brussels in the Dark” initiative involving a dozen of restaurants.

“We are at a point when one needs to choose between being warm at home or eating out,” said Stephane Lepla, on a night out with his girlfriend. “Finding the balance is complicated. So yes, of course, there is a reflection on a daily basis. There are habits that need to change, that we try to change anyway, even if it is not always easy.”

 

 

 

Source: Voice of America

 

Indian Capital Gears Up to Tackle Air Pollution Ahead of Winter

The Indian capital of New Delhi will enforce a 15-step action plan to curb pollution ahead of the arrival of winter, when a haze of toxic smog envelops the world’s most polluted city.

High pollution is an annual sore point for Delhi, especially in October and November.

Authorities urge people to stay indoors as burning of crop waste ahead of a new sowing season and lower temperatures trap pollutants in the air for longer, often forcing the closure of schools, with curbs placed on use of private vehicles.

“We are announcing a 15-point winter action plan,” Delhi Chief Minister Arvind Kejriwal told a news conference at which he laid out the measures to reduce pollution, though the annual campaign has had little impact for years.

Measures to help limit dust in the air will include installation of anti-smog guns and water sprinklers, he added.

The government will also ensure that people do not burn waste materials, a major cause of pollution.

Tough measures to check vehicular pollution include curbs on the usage of diesel-fueled vehicles older than 10 years and petrol-run vehicles older than 15.

Pollution levels also peak during Diwali, the Hindu festival of lights, which falls on Oct. 24 this year. The government renewed a ban on firecrackers this month.

The Delhi city government will draft thousands of volunteers to ensure the anti-pollution measures are followed, Kejriwal added. He urged neighboring states to ensure a constant supply of electricity and so limit use of diesel-run power generators.

 

 

Source: Voice of America

 

Shortage of technicians blamed for low coffee production

Luanda – The blatant lack of staff to empower coffee growers with new scientific and technological knowledge continues to be one of the main reasons for the constant drop in coffee production in Angola.

 

The director-general of the National Coffee Institute (INCA), Vasco António, said currently the institution has only 14 researchers and seven senior technicians, aged over 48.

According to him, the number is insufficient  to respond to the challenges of this agricultural subsector in the country.

Speaking to ANGOP, ahead of the International Coffee Day, celebrated on October 1st, the Vasco António explained that the blatant deficit of technicians stems from “non-admission of new staff in the agriculture sector, over many years”.

He added that the vacancies left by retired and deceased professionals are not being filled, causing a “blatant” staff deficit in the coffee subsector, a scenario that can be seen in almost all segments of the agricultural and livestock sector.

In order to reduce the shortage of professionals in the research area, for example, the source said that the institute needs at least 110 researchers, including coordinators and trainees, as well as 82 senior technicians (advisors and 2nd class technicians).

Given this scenario, Vasco António admitted the possibility of new admissions, in the near future, with a view to reducing the existing staff deficit.

He explained that the inclusion of new specialists will serve, essentially, to meet the real needs of the three coffee research stations, installed in the provinces of Uíge, Cuanza Sul (Gabela) and Benguela (Ganda).

The International Coffee Day, which began to be celebrated on October 1, 2015, aims to recognise the importance of this product in the daily lives of citizens, as well as to support the millions of coffee growers who are dedicated to the cultivation of the aromatic product.

The date, celebrated by 74 member states of the International Coffee Organization (ICO) and 26 coffee sector associations around the world, gives coffee lovers the opportunity to share their love for the drink.

Worldwide, coffee cultivation employs more than 500 million people, while the trade in this product moves more than 170 billion dollars, surpassed only by oil.

According to statistical data, it is estimated that over two billion cups of coffee are consumed per day in the world, a fact that challenges countries to increase production levels more and more to satisfy the market.

 

 

Source: Angola Press News Agency

Over 150 children with cleft lip undergo repair surgery at Josina Machel

Luanda – At least 153 children with cleft lip and palate underwent surgery at Luanda’s Josina Machel Hospital, as part of a campaign promoted by Health Ministry (MINSA).

Of the total figure of the kids operated – 89 females and 64 males – ,83 had cleft lip, 53 cleft palate and 17 multiple defects.

Cleft lip and cleft palate are openings or splits in the upper lip, the roof of the mouth (palate) or both.

Cleft lip and cleft palate result when facial structures that are developing in an unborn baby don’t close completely.

The campaign covered children from several parts of the country, with stress to the provinces of Uige, Bengo, Cuanza Norte, Huambo, Malanje, Benguela, Huila and Lunda Norte,

Angolan Health minister Silvia Lutucuta assured that in addition to routine work, this type of surgery will continue.

The intention is to ensure skills and conditions in various hospitals of the country.

 

 

 

Source: Angola Press News Agency