Fintech PR
CGTN: Joint pursuit of modernization: China, Africa eye new chapter in building a community with a shared future
BEIJING, Sept. 6, 2024 /PRNewswire/ — The 1,860-km-long Tanzania-Zambia Railway Authority (TAZARA) railway from Tanzania’s Dar es Salaam to New Kapiri Mposhi in Zambia serves as a reminder of the longstanding relationship between China and Tanzania.
Over its 48 years of operation, the railway has transported over 30 million tonnes of cargo and carried more than 40 million passengers, becoming a vital artery that ensures the economic operation and development of Tanzania, Zambia, and surrounding areas.
On Wednesday, leaders of the three countries jointly witnessed the signing of a memorandum of understanding on the revitalization project of the TAZARA railway, aiming to further improve the rail-sea intermodal transport network in East Africa.
In the new era, China has continued to bring new opportunities to African countries and remained committed to the overall direction of mutual trust, mutual benefit, mutual learning and mutual assistance in growing China–Africa relations.
Delivering a keynote speech at the opening ceremony of the 2024 Summit of the Forum on China-Africa Cooperation (FOCAC) on Thursday, Chinese President Xi Jinping hailed that China and Africa are getting stronger and more resilient together, delivering tangible benefits to Chinese and Africans, and setting a stellar example of a new type of international relations.
Xi announced that bilateral relations between China and all African countries having diplomatic ties with China are elevated to the level of strategic relations and that the overall characterization of China–Africa relations is elevated to an all-weather China–Africa community with a shared future for the new era.
Flourishing China–Africa cooperation
Since its establishment in 2000, the FOCAC has continuously promoted the leap-forward development of China–Africa relations, setting a prime example for South-South cooperation and international cooperation with Africa.
Over the past 24 years, China–Africa practical cooperation has yielded fruitful results, and exchanges in various fields have been unprecedentedly active.
China–Africa trade volume has increased from $10.5 billion in 2000 to $282.1 billion in 2023, an increase of nearly 26 times. As of the end of 2023, China’s direct investment stock in Africa had exceeded $40 billion.
Meanwhile, the two sides have cooperated to build and upgrade nearly 100,000 kilometers of roads, more than 10,000 kilometers of railways, nearly a thousand bridges and a hundred ports. Fifty-two African countries and the African Union Commission signed documents with China on the Belt and Road cooperation.
With the help of China, the building of several roads, bridges, and ports has promoted connectivity on the African continent. For instance, the Mombasa-Nairobi Standard Gauge Railway has significantly reduced transportation costs and travel times, fostering trade and commerce. The Addis Ababa-Djibouti Railway connects landlocked Ethiopia to the port of Djibouti, enabling greater access to international markets.
In a bid to deepen China–Africa cooperation and spearhead the Global South modernization, Xi said China stands ready to work with Africa to implement ten partnership action plans in the next three years, covering the areas of mutual learning among civilizations, trade prosperity, industrial chain cooperation, connectivity, development cooperation, health, agriculture and livelihood, cultural and people-to-people exchanges, green development, and common security.
China will expand market access for African agricultural products, push forward the pilot zone for in-depth China–Africa economic and trade cooperation, and carry out 30 infrastructure connectivity projects in Africa, he said.
He added that China will send 2,000 medical personnel to Africa, launch 20 programs on health facilities and malaria treatment, and send 500 agricultural experts to strengthen health and agricultural capacities in African countries.
A shared path toward modernization
In the new era, China and Africa are committed to building a closer community with a shared future and becoming fellow travelers in exploring the path to modernization.
China has assisted Africa in solving development problems such as lagging infrastructure, food shortages, and talent shortages while entering Africa has also brought opportunities for Chinese companies to expand their overseas markets.
For instance, in Tanzania’s coastal region, Chinese-invested Sapphire Float Glass Factory both serves the local market and exports float glass to six other African nations. Inaugurated in September 2023, the project was expected to generate up to 1,650 direct jobs and 6,000 indirect jobs upon reaching full production capacity. The factory has created 1,012 direct jobs for residents and 3,857 indirect jobs.
In the field of agriculture, China has established 24 agricultural technology demonstration centers in Africa over the past decade and introduced more than 300 advanced agricultural technologies, increasing local crop yields by an average of 30 to 60 percent and benefiting over a million farmers across the continent.
Currently, over 200 Chinese enterprises are continuing investments in Africa’s agricultural sector, with a cumulative investment stock exceeding $1 billion. These investments span various areas, including agricultural supplies and machinery, farming, processing and sales.
“On the path to modernization, no one, and no country, should be left behind,” Xi said at the opening ceremony of the 2024 FOCAC summit, calling for jointly advancing modernization that is just and equitable, is open and win-win, puts the people first, features diversity and inclusiveness, is eco-friendly and is underpinned by peace and security.
China and Africa’s joint pursuit of modernization will set off a wave of modernization in the Global South and open a new chapter in our drive for a community with a shared future for mankind, he said.
View original content:https://www.prnewswire.co.uk/news-releases/cgtn-joint-pursuit-of-modernization-china-africa-eye-new-chapter-in-building-a-community-with-a-shared-future-302240248.html
LONDON, Sept. 16, 2024 /PRNewswire/ — VeriPark, a global solution provider with focus on the Financial Services Industry, has won the “Omni-Engagement Transformation” award in IDC’s Real Results program for the successful Dynamics 365 + VeriTouch CRM implementation First Abu Dhabi Bank.
This project also earned VeriPark the Overall Winner title, achieving the highest score across all categories. This award recognizes technology companies that provide solutions resulting in measurable benefits for financial institutions.
Additionally, VeriPark has been named to the 2024 IDC FinTech Rankings Top 100. The elite list features technology companies from around the globe that are focused on providing solutions to the financial services and FinTech industries. To view the list in its entirety, please visit https://www.idc.com/research/industry/fintech-rankings.
To thrive in a digital economy, financial services organizations must embrace innovative and integrate innovative technology effectively to enhance the customer experience and achieve operational excellence. VeriPark is committed to helping financial services companies successfully execute their digital transformation initiatives for the betterment of their customers around the world.
“These awards are a testament to our team’s dedication to delivering innovative, customer-centric solutions that produce real, measurable outcomes for our clients.” said Ozkan Erener, CEO of VeriPark. “We look forward to continuing our work to help financial institutions achieve operational excellence and enhanced customer experiences.”
“Teamwork is the cornerstone of progress, and our team has proven this through their exceptional work in implementing the advanced cloud-based CRM system along with Microsoft & VeriPark. Their dedication, synergy, and partnership have enabled us to revolutionize how we serve our customers and drive our bank’s growth,” said Suhail Bin Tarraf, Group Chief Operations Officer, First Abu Dhabi Bank.
VeriPark is a global solutions provider enabling financial institutions to become digital leaders by placing Customer Experience at the core of digital transformation. With an exclusive focus on FSI, VeriPark’s Intelligent Customer Experience suite delivers world-class customer journeys on digital and assisted channels.
With its main offices located in the United Kingdom, Europe, North America, Asia, Africa and the Middle East, VeriPark helps financial institutions to enhance customer acquisition, retention and cross-sell capabilities. Their proven, secure, and scalable solutions cover Customer Engagement, Omni-Channel Delivery, Branch Automation, and Loan Origination. VeriPark collaborates closely with clients, crafting innovative technology strategies and solutions that impact millions of people daily, bringing the promise of digital transformation to life.
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View original content:https://www.prnewswire.co.uk/news-releases/veripark-wins-three-top-honors-from-idc-302247748.html
Fintech PR
Kleo Teams Up with Londis to Enhance Convenience Store Operations with Advanced EPOS and MPOS Solutions
LONDON, Sept. 15, 2024 /PRNewswire/ — Kleo, a prominent provider of EPOS systems and self-ordering kiosks, is excited to announce a new partnership with Londis, one of the UK’s most recognised convenience store chains. This collaboration marks a significant step in modernising Londis’s store operations and enhancing the customer experience through advanced technology.
Londis stores will now benefit from Kleo’s sophisticated EPOS systems and versatile MPOS solutions. These technologies are designed to streamline operations, cut down queuing times, boost staff efficiency, and provide a more seamless shopping experience. With integrated payment systems and flexible designs, Londis will be well-positioned to meet the evolving expectations of today’s consumers.
Joe Robson, Co-Founder of Kleo, said, “We’re thrilled to partner with Londis and see the positive impact our systems are having in their stores. Our goal has always been to equip retailers with effective tools for smoother operations, and it’s rewarding to see our technology making a real difference.”
Thanvi Poonja, Co-Founder of Kleo, added, “This partnership demonstrates how modern technology can support traditional retail. We’re committed to continuously enhancing our solutions to help retailers like Londis deliver exceptional service.”
As Kleo continues to grow, the company remains dedicated to providing practical, reliable, and user-friendly EPOS and MPOS solutions that help retailers stay competitive and meet their customers’ needs. For more information, please visit www.kleocloud.com or contact us at [email protected].
About Kleo
Kleo is a leading provider of EPOS and MPOS systems, offering integrated software and payment solutions designed to optimise business operations and improve customer experiences. Trusted by brands such as Londis, Kleo’s systems are built to meet the needs of a diverse range of businesses. With a focus on reliability and innovation, Kleo helps organisations remain competitive in today’s fast-paced retail environment.
View original content:https://www.prnewswire.co.uk/news-releases/kleo-teams-up-with-londis-to-enhance-convenience-store-operations-with-advanced-epos-and-mpos-solutions-302248457.html
LIBSON, Portugal, Sept. 15, 2024 /PRNewswire/ — In a strategic move following a recent tour of the Asia-Pacific region, the Luohu District in Shenzhen, located in South China’s Guangdong Province, has dispatched a new delegation to Spain and Portugal, with a focus on exploring economic and trade opportunities in the European market.
The China (Shenzhen•Luohu) – Portugal (Lisbon) Economic and Trade Cooperation and Exchange Conference, held in Lisbon on Thursday, saw a strong turnout from more than 30 prominent Portuguese companies and institutions, including the Oveiras Valley Investment Agency (OVIA) and Timing Group.
These entities showcased a keen interest in collaborating with Luohu, particularly in sectors such as healthcare, finance, media, business services, and cultural tourism. The event marked a significant leap toward fostering mutually beneficial partnerships between Luohu and key players in the Portuguese business landscape.
As Luohu’s industries thrive, the district is amplifying its global presence through foreign investment promotion, bolstering trade and investment activities. Luohu, situated in the heart of Shenzhen, a rapidly growing innovation city that has achieved economic success over the past four decades, boasts the pillars of finance, commerce, and business services. The district also excels in sectors such as cultural creativity, gold, and jewelry.
With the service industry dominating Luohu’s GDP at 94 percent, the district hosts over 100 licensed financial institutions, including major firms like PwC, EY, and Deloitte. Driven by strong incentive policies, the health industry is rapidly expanding in Luohu. The district excels in medical aesthetics, cutting-edge medical devices, life sciences, and health management, showcasing unwavering progress.
It has also given priority to the development of precision medicine, high-end health preservation, innovative drugs, high-end medical devices, and other specialized fields. The district’s rich clinical application scenarios also provide a good foundation for the research, development, and transformation of innovative drugs and medical devices. In 2023, Luohu witnessed the establishment of 32 innovative platforms in the medical and health domain, including the Shenzhen-Europe Innovation Medicine and Health Research Center.
Jointly developed by the district government and the Shenzhen Institute of Advanced Technology of Chinese Academy of Sciences, one of the top research institutes in China, the center has recruited a pool of international talents.
Besides innovation, Luohu stipulated incentive policies to boost the medical cosmetology field. At the end of 2023, the district took the lead in the city by issuing 10 measures for the sector. Of the measures, the district decided to build a hub for medical aesthetics consumption, support the medical aesthetics product trade and service and regulate the service quality of the sector both online and offline.
During the delegation’s visit to Spain and Portugal, the district government pledged to enhance services and the business environment to attract companies and investors from both domestic and international markets.
The delegation also engaged with industry leaders such as the Global Media Group, Joinko Group, and EFG International in Lisbon, showcasing Luohu’s commitment to strengthening ties and fostering collaboration on a global scale.
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View original content:https://www.prnewswire.co.uk/news-releases/luohu-explores-economic-opportunities-in-europe-strengthens-ties-with-portugal-302248436.html
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