Fintech PR

FOCAC summit writes more splendid chapters of China-Africa relations

Published

2 weeks ago

September 4, 2024

BEIJING, Sept. 4, 2024 /PRNewswire/ — A report from People’s Daily: The 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) is ongoing in Beijing. Chinese President Xi Jinping will attend the opening ceremony of the summit on September 5 and deliver a keynote speech.

In his speech, Xi will elaborate on the new ideas and propositions on building a high-level community with a shared future between China and Africa, and announce new actions and measures for practical cooperation with Africa.

At the FOCAC summit, China and Africa will announce a new positioning of China–Africa relations and a series of major measures for jointly advancing modernization, thereby drawing a new blueprint for China–Africa relations.

At every critical juncture, the two sides have employed far-sighted vision and always succeeded in finding new common ground and growth drivers. China and Africa have both reached critical stages in their respective development, which presents new historical opportunities for cooperation between the two sides.

Today’s China is marching forward to realize the Second Centenary Goal of building China into a great modern socialist country in all respects and to advance the rejuvenation of the Chinese nation on all fronts through a Chinese path to modernization.

The third plenary session of the 20th Central Committee of the Communist Party of China (CPC) was held, sounding a clarion call of the times to open up broad prospects for the Chinese modernization through further deepening reform. The modernization China is pursuing is not for China alone, but for all developing countries through their joint efforts.

Africa is moving at an accelerated speed toward the bright prospects envisioned in Agenda 2063, and making all-out efforts to build a new Africa that enjoys peace, unity, prosperity and strength. African countries are experiencing a new awakening and exploring development paths suited to their national conditions, with a firmer determination to keep their future firmly in their own hands. Africa, exploring the path to modernization in an African way, is a continent full of hope.

At a new starting point, the advantages of complementarity between China and Africa have become more obvious and their cooperation is marked by higher quality, greater impact, and brighter prospects.

On the path to modernization, China has all along been a firm supporter, and walking side by side with Africa.

China supports Africa in growing its manufacturing sector and realizing economic diversification; China has prioritized agricultural development and food security in its cooperation with African countries; China and Africa are jointly cultivating talents to support modernization with talent dividend; China is enhancing its economic and trade cooperation with Africa through high-level opening up to strengthen complementary advantages.

China is committed to integrating its own development closely with Africa’s development, to jointly accumulate momentum for modernization.

While joining hands to advance modernization, China and Africa are working together to promote a just and equitable international order, safeguard a peaceful and secure global environment, and build an open and inclusive world economy, so as to create a sound environment for realizing our respective development visions, and gather strength for advancing modernization of the world and building a better future for humanity.

As a new model for human advancement, Chinese modernization has shattered the myth that modernization equals Westernization. African countries attach great importance to drawing development insights from the successful practices of Chinese modernization and actively exploring development paths suited to their own national conditions.

On the path toward modernization, China and Africa draw wisdom from their respective ancient civilizations and development practices, strengthen the exchange of experience in governance, and deepen mutual learning of civilizations, which will promote their common development and prosperity.

Currently, African countries are more and more willing to strengthen the exchange of experience in governance with China. In response to the eager demands from African countries, China follows the principle of “showing people how to fish than just giving them fish.” It has hosted the Seminar on Chinese Modernization and African Development, shared with Africa its experience in poverty alleviation, launched seminars on Juncao industry for officials from English-speaking countries in Africa, and offered seminars on sustainable development for African officials.

The theme of the 2024 Summit of the FOCAC – Joining Hands to Advance Modernization and Build a High-Level China-Africa Community with a Shared Future, is in line with the trend of the times and the aspiration of the people.

Taking the summit as an opportunity, China and Africa will remain fellow passengers and good partners on the path to modernization, working together to advance modernization and build a high-level China–Africa community with a shared future.

China and Africa will work more closely to advocate an equal and orderly multipolar world and universally beneficial and inclusive economic globalization, making greater contributions to advancing modernization of the world and building a community with a shared future for mankind.

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Fintech PR

Apt.Residential Selects Yardi’s Technology to Support BTR Projects

Published

5 hours ago

September 18, 2024

CISION (PR Newswire)

apt.residential-selects-yardi’s-technology-to-support-btr-projects

Australian property developer and operator to utilise innovative cloud platform for construction and investment accounting

SYDNEY, Sept. 18, 2024 /PRNewswire/ — Apt.Residential, an owner, developer and operator of residential properties in Australia, has chosen Yardi’s single connected platform to support growth, connect teams and manage capex projects and build.

With Yardi®, Apt.Residential can manage its funds and simplify complex financial processes, mitigate risk and deliver real-time insights into projects. The platform provides more visibility from investor to asset and delivers enhanced and accurate reporting. The company can access live data for costing, expenses, and revenue on all projects, from ground-up development to single-unit improvements and will allow Apt.Residential to grow the volume of units within BTR once they have operational units.

“We wanted to find the best platform for BTR that would support growth, streamline management of capex projects and handle our complex accounting,” said Michael Hogg, co-founder & head of operations for Apt.Residential. “Yardi’s single integrated platform was the best solution as it ensures our team can connect on one system and not worry about integrations or using multiple platforms.”

“We’re excited to work with Apt.Residential and support its growth as the company expands its BTR projects,” said Neal Gemassmer, vice president and general manager for Yardi. “Our connected platform will help Apt.Residential enhance communication and set them up so they’re ready to operate once development has completed.”

See how Yardi’s end-to-end technology can help drive your digitalisation strategies.

About Apt.Residential
Apt.Residential is a leading vertically integrated owner, developer, and operator of residential properties in Australia backed by global institutional capital. The company develops residential communities where wellbeing and connectedness come first. Its human-centric approach allows Apt.Residential to shape places for people who crave comfort, community, and elevated living. For more information, please visit aptresidential.au.

About Yardi

Celebrating its 40-year anniversary in 2024, Yardi® develops industry-leading software for all types and sizes of real estate companies across the world. With over 9,500 employees, Yardi is working with our clients to drive significant innovation in the real estate industry. For more information on how Yardi is Energised for Tomorrow, visit yardi.com.au.

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Fintech PR

NewCo Capital Group Continues Global Expansion as 2024 Milestones Set The Stage for an Ambitious Q4

Published

5 hours ago

September 18, 2024

CISION (PR Newswire)

newco-capital-group-continues-global-expansion-as-2024-milestones-set-the-stage-for-an-ambitious-q4

NEW YORK, Sept. 18, 2024 /PRNewswire/ — As Q4 fast approaches, NewCo Capital Group (“NewCo”) and Australia-based Bizcap are finalizing year-end initiatives to strategically position both companies for an ambitious expansion in 2025.

Both companies have celebrated a highly successful 2024, marked by remarkable and accelerated growth. This momentum has been driven by Bizcap’s unique Line of Credit product, NewCo’s introduction of their “Line of Capital” product and the launch of NewCo’s new mobile app. CEO Albert Gahfi emphasized the importance of closing 2024 on a high note to set the stage for future growth. “We’ve had an exceptional year so far, but our focus is on what comes next. We’re building the foundation for 2025 and beyond, ensuring that NewCo and Bizcap are positioned for continued global expansion.”

The plan for Q4 includes deepening their presence in existing markets while making calculated moves into new territories, including Singapore, Germany, and Luxembourg. “There are new opportunities in emerging markets that are currently underserved, where we believe we can make a significant impact. As a result, 2025 promises to be an exciting year for SMB financing globally.”

By reinforcing their operational and technological infrastructure, the companies are preparing to meet the demands of a rapidly evolving global financing landscape. “2024 has been a year of strong growth, but we’re not stopping here,” Gahfi said. “We are focused on delivering innovative financing solutions that not only meet the needs of today but also anticipate the demands of tomorrow. As we head into 2025, we’re ready to expand our reach and provide even more businesses with the capital they need.”

Part of a multinational collaboration, NewCo and Bizcap have successfully deployed over $1.5 billion to over 35,000 businesses worldwide. Gahfi commented, “We’re moving capital faster and more effectively than any other sector and our clients are benefiting from that growth.”

NewCo’s strength lies in its ability to adapt quickly, using a unique mix of proprietary technology, nuanced underwriting, and an experienced risk management team. The companies’ hybrid approach is challenging outdated financing models, making NewCo a preferred partner for SMBs looking for custom capital solutions that truly fit their needs.

“We’re not just growing; we’re leading,” Gahfi added. “As we expand globally, our goal remains the same—helping small businesses scale, create jobs, and thrive.”

With a clear strategy and a relentless focus on delivering value, NewCo Capital Group is primed to deepen its market influence and capitalize on emerging opportunities. As the company prepares for its next wave of market entries, Q4 will serve as a pivotal launchpad for an even more ambitious 2025, setting the stage for continued growth and global leadership.

For more information, visit www.NewCoCapitalGroup.com.

Contact:

NewCo Capital Group
Email: [email protected]
Website: www.NewCoCapitalGroup.com

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Fintech PR

Zulu Ecosystems and Severn Trent Water secure Innovate UK funding to pioneer catchment-scale Nature-based Solutions

Published

7 hours ago

September 18, 2024

CISION (PR Newswire)

Partnership aims to develop innovative funding model for nature-based solutions that enhance water resilience in the Idle and Torne catchment, a priority area for environmental improvement
Project will aggregate supply and demand for ecosystem services across the 1,200km²catchment, benefiting both nature and local communities
Led by Zulu Ecosystems, the collaboration seeks to accelerate private investment in nature recovery while addressing critical water challenges

LONDON, Sept. 18, 2024 /PRNewswire/ — Zulu Ecosystems and Severn Trent Water have been awarded funding from Innovate UK, the UK’s innovation agency, for a £580,000 project to develop a groundbreaking catchment system operator model for unlocking private investment in nature. The project aims to enhance water resilience and deliver multiple benefits for both nature and local communities in the Idle and Torne River catchment.

The Idle and Torne catchment, identified as a priority catchment by the Environment Agency, faces significant challenges including drought risk, flood vulnerability, and water quality issues. Approximately 60% of water bodies in the catchment currently fail to meet good ecological status. However, the area also presents substantial opportunities for nature recovery, with potential to restore over 5,000 hectares of priority habitats and significantly improve water resources management.

This innovative partnership will leverage Zulu Ecosystems’ cutting-edge natural capital assessment capabilities and Severn Trent Water’s expertise in water management to create a scalable approach for funding and delivering nature-based solutions. The project will focus on interventions such as woodland creation, wetland restoration, and riparian woodland to address the catchment’s pressing environmental challenges. The project will engage local stakeholders, including farmers, landowners, and community groups, to ensure that interventions reflect local needs and knowledge.

Ed Asseily, CEO of Zulu Ecosystems, said:

“This funding from Innovate UK is a game-changer for how we approach local nature recovery and water resilience. By developing a catchment-scale model that aggregates both the supply of and demand for ecosystem services, we can accelerate the flow of private capital into nature-based solutions.”

Severn Trent Water will play a key role as the project’s System Operator, strategically coordinating plans and aligning stakeholder priorities to maximise outcomes for water services and the environment.

Richard Smith, Strategic Asset Planning Manager at Severn Trent Water, commented:

“We’re excited to partner with Zulu Ecosystems on this transformative project. By adopting a system operator approach, we can ensure that investments in nature-based solutions deliver the greatest possible benefits for our customers, local communities, and the environment.”

This project has been funded by Innovate UK as part of the ‘Integrating Finance and Biodiversity for a Nature Positive Future’ programme, a joint initiative between the Natural Environment Research Council (NERC) and Innovate UK. This £7 million programme aims to develop solutions that embed the values of biodiversity into financial decision-making.

By bridging the gap between nature recovery and water resilience, this project has the potential to create a replicable model for sustainable landscape management across the UK. Innovate UK’s support underscores the national significance of developing new approaches to environmental management that can deliver multiple benefits, including improved water security, enhanced biodiversity, climate resilience, and potential new income streams for landowners.

Over the next 9 months, the project team will work closely with local stakeholders to identify priority interventions and develop a portfolio of investable nature-based solutions. The project aims to demonstrate how multi-stakeholder nature-based projects can be developed, funded, and delivered at catchment-scale to address climate adaptation and reverse biodiversity loss. Findings will be published to help scale similar initiatives across the UK and beyond.

For more information, please contact:
[email protected]
[email protected]

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