INGOT Brokers Officially Launches Business in Nairobi, Kenya

NAIROBI, Kenya, Feb. 28, 2023 (GLOBE NEWSWIRE) — via InvestorWire — Following the attainment of the Capital Markets Authority (CMA) license, INGOT Africa Ltd (INGOT Brokers) announced the opening of its first office in Nairobi, Kenya, during a celebratory event held at the Mövenpick Residences Nairobi at the beginning of 2023.

The CMA license allows the company to operate as a Non-Dealing Online Foreign Exchange Broker under the Capital Markets Act (Cap 485 A of the laws of Kenya) and the Capital Markets (Online Foreign Exchange Trading) Regulations, 2017. This means that the company will be able to pursue its mission of empowering youth in Kenya and surrounding countries by providing transparent and reliable financial brokerage services and helping people redefine their financial goals.

INGOT Brokers is determined about enhancing financial literacy through its education unit designed to teach and train individuals, particularly youth, on investing and trading global financial markets. The unit pays special focus on identifying, educating, and training Introducing Brokers (IBs) and affiliates to grow their online trading services and optimize their potential returns, where it grants them access to utilize INGOT Brokers’ facilities and benefit from its educational materials, webinars, seminars, and personal training sessions.

The company and its shareholders have obtained licenses from the Australian Securities and Investments Commission (ASIC), Jordan Securities Commission (JSC), Financial Services Authority (FSA) – Seychelles, Financial Sector Conduct Authority (FSCA) – South Africa, in addition to Capital Markets Authority (CMA) – Kenya. It is also registered in several countries around the globe, including Saint Vincent and Grenadines, Dubai, and Qatar. INGOT Brokers has physical offices, operation hubs, and/or consultants in Pakistan, UAE, Australia, Jordan, Saint Vincent, Turkey, Thailand, Vietnam, South Africa, Kenya, Seychelles, Iraq, and Qatar. Rules and regulations vary according to the jurisdiction the client is signed under, and should be taken into consideration.

About INGOT Africa Ltd

INGOT Africa Ltd is a premium multi-asset brokerage firm aiming to make financial markets available and accessible to all traders. The company has fostered and sustained a world-class trading environment with the highest quality of online financial services. It provides traders with an award-winning platform, excellent training conditions, significant liquidity, and accessibility to financial markets. It consistently delivers a unique trading experience. These cover a variety of financial derivatives and CFD instruments, including commodities, stocks, indices, ETFs, and currencies.

INGOT Africa Ltd is registered in the Republic of Kenya – Registration No. PVT-JZUG9YA5.
For more information, contact:
Sylvesters Munubi| Marketing Lead| INGOT Brokers Africa
s.munubi@IngotBrokers.com
Tel: 254707392645

GlobeNewswire Distribution ID 8778095

Synchronoss annonce une forte croissance de ses plateformes de messagerie en Asie-Pacifique, stimulée par son activité Advanced Messaging

Les prestataires du monde entier utilisent les plateformes de Synchronoss pour fournir des services à valeur ajoutée à des dizaines de millions d’abonnés

BRIDGEWATER, New Jersey, 27 févr. 2023 (GLOBE NEWSWIRE) — Synchronoss Technologies, Inc. (« Synchronoss » ou la « Société ») (Nasdaq : SNCR), un leader mondial et innovateur en matière de produits et plateformes numériques, de messagerie et de cloud, a annoncé aujourd’hui une forte croissance en Asie-Pacifique, principalement stimulée par la croissance de son activité Advanced Messaging. À travers des partenariats avec des prestataires de services de toute la planète, en particulier en Japon, la société continue d’étendre son empreinte mondiale, soutenant des dizaines de millions d’abonnés dans la région.

Au Japon, la technologie Rich Communications Service (RCS) permet aux consommateurs de s’engager avec des marques et entreprises en toute sécurité et offre la meilleure expérience utilisateur qui soit aux clients japonais. Par l’intermédiaire d’un partenariat de longue date avec WIT Software, Synchronoss Advanced Messaging permet aux opérateurs mobiles NTT DOCOMO, KDDI et SoftBank de déployer une expérience RCS multi-opérateurs soutenant 32,5 millions d’abonnés.

« Nous sommes ravis de témoigner de la réussite exceptionnelle du service +Message au Japon sur la base de la plateforme de messagerie RCS WIT, et aux côtés de Synchronoss, nous sommes prêts à tirer parti de notre offre commune de messagerie enrichie pour les autres opérateurs souhaitant générer de nouvelles opportunités de revenu », a déclaré Luis Silva, PDG de WIT Software.

Un autre prestataire majeur en Asie-Pacifique a récemment annoncé une étape importante, à savoir fournir des services de messagerie électronique à plus de 50 millions d’utilisateurs. La plateforme de messagerie électronique de bout en bout, s’appuyant sur Synchronoss Email Suite et la plateforme de messagerie de base Mx9, est ultra-évolutive et assure la sécurité et la confidentialité des données à ses abonnés.

« Les récents déploiements et étapes majeures stimulent l’élan de nos plateformes Messaging dans la région Asie-Pacifique », a commenté Jeff Miller, PDG de Synchronoss. « Cette année, nous sommes impatients de travailler avec nos partenaires stratégiques, en particulier WIT Software, afin de fournir des solutions de messagerie innovantes offrant de nouvelles façons de se connecter, de collaborer, de s’engager et de faire des affaires. »

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 aide 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. Pour en savoir plus, rendez-vous sur www.synchronoss.com.

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

GlobeNewswire Distribution ID 8777569

Synchronoss Anuncia Forte Crescimento da Plataforma de Mensagens na Ásia-Pacífico Alimentado por Mensagens Avançadas

Provedores de Serviços Globais Utilizam Plataformas Synchronoss para Fornecer Serviços de Valor Agregado a Dezenas de Milhões de Assinantes

BRIDGEWATER, N.J., Feb. 27, 2023 (GLOBE NEWSWIRE) — A Synchronoss Technologies, Inc. (“Synchronoss” ou a “Empresa”) (Nasdaq: SNCR), líder global e inovadora em nuvem, mensagens e produtos e plataformas digitais, anunciou hoje o seu forte crescimento na região Ásia-Pacífico, como resultado do crescimento do Synchronoss Advanced Messaging. Por meio de parcerias com provedores de serviços globais, especificamente no Japão, a empresa continua a expandir sua presença global, apoiando dezenas de milhões de assinantes na região.

No Japão, a tecnologia Rich Communications Service (RCS) permite que os consumidores se envolvam com segurança com marcas e empresas, e proporcionem a melhor experiência de usuário para os clientes japoneses. Através de uma parceria de longa data com a WIT Software, a Synchronoss Advanced Messaging está permitindo que as operadoras móveis NTT DOCOMO, KDDI e SoftBank implantem uma experiência RCS entre operadoras com 32,5 milhões de assinantes.

“É um grande prazer testemunhar o sucesso único do serviço +Message no Japão com base na plataforma de mensagens WIT RCS e, juntamente com a Synchronoss, estamos prontos para alavancar a nossa oferta comum de mensagens amplas para outras operadoras que desejam gerar novas oportunidades de receita”, disse Luis Silva, CEO da WIT Software.

Outro proeminente provedor de serviços na Ásia-Pacífico anunciou recentemente um marco importante, o fornecimento de serviços de e-mail para mais de 50 milhões de usuários. A completa plataforma de e-mail, alimentada pelo Synchronoss Email Suite e pela plataforma de mensagens principal Mx9, é altamente escalonável e garante a segurança e a privacidade dos dados dos assinantes.

“As recentes implantações e marcos são resultado do impulso das nossas plataformas de mensagens na região da Ásia-Pacífico”, disse Jeff Miller, Presidente e CEO da Synchronoss. “Este ano, esperamos trabalhar com nossos parceiros estratégicos, especialmente a WIT Software, para oferecer soluções de mensagens inovadoras que permitam novas maneiras de conectar, colaborar, engajar e realizar negócios.”

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. Saiba mais em www.synchronoss.com

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

GlobeNewswire Distribution ID 8777569

IGAD and ILO Launch Experts Meeting on Labour, Employment and Labour Migration

27 February 2023 (ADDIS ABABA, Ethiopia): The Intergovernmental Authority on Development (IGAD) in collaboration with the International Labour Organisation (ILO) this morning launched an Experts Meeting on Labour, Employment and Labour Migration in Addis Ababa.

The Experts Meeting is bringing together experts from Ministries of Labour and Employment and Ministries of foreign affairs of IGAD Member States, the Horn of Africa Confederation of Trade Unions (HACTU), the Confederation of the IGAD Employers (CIE), delegates from the European Union, the Southern African Development Community (SADC) Private Sector Forum, and the Southern Africa Coordinating Council.

The main objective of the three-day technical meeting is to take stock of the progress made since the signing of the Djibouti Declaration on Labour, Employment and Labour Migration in October 2021, and to provide guidance on key priority areas of common concern namely:

• The IGAD Regional Employment Policy Framework;

• the IGAD Regional Social Protection Strategy;

• Roadmap for the Development of IGAD LMIS; and

• Actions for improving Protection of migrant workers.

At the end of the three days, Strategic Plans for the Horn of Africa Confederation of Trade Unions (HACTU) and of the Confederation of the IGAD Employers (CIE) will be launched.

State Minister for Labour and Skills of Ethiopia, H.E. Asegid Getachew officially opened the meeting. He noted that his ministry was working hand in hand with sister ministries, partners and development agencies to improve labour migration governance and protection of migrant workers. “I am very confident that the technical teams gathered here will analyse, contextualise and prioritise interventions that can catalyse decent work and regional integration”, he said.

In her opening remarks on behalf of IGAD Executive Secretary of IGAD, Madam Fathia Alwan, Director for Health and Social Development Division, highlighted that as recommended during the regional consultation workshop in Entebbe in June 2022, it was “timely and vital to hold in-depth discussions and propose strategic and key areas of the Declaration for review during the regional Ministerial level meeting to be held on March 2”.

“I am confident that this gathering will adequately review the draft technical documents, provide strategic inputs and propose practical recommendations for the consideration by the Ministers in charge of Labour and Employment at the end of this conference,” the Director added.

In her opening remarks, Ambassador Rahima Salih Elobied, Ambassador of the Republic of the Sudan to Djibouti and Chair of the IGAD Committee of Ambassadors, said that IGAD undertakes many positive steps to identify challenges and provide comprehensive policies and guidance such as the Djibouti Declaration which represents a comprehensive and holistic regional based policy guide to this end. “In this process the IGAD remain to be one of the most appropriate platform in the region “she described.

Mr. Alexio Musindo, Director, ILO Country Director for the Horn of Africa underlined that the IGAD Labour, Employment and Labour Migration Committee is the prime forum to deliberate on the decent work agenda of the IGAD Region. The Director further emphasised: “As the region navigates through varied political and socio-economic issues, today our discussions on labour-related matters are timelier than ever”. “We developed friendship in the last three years- that we no longer have to introduce ourselves as we would have done three years ago. This is one step in bringing the IGAD region closer together on labour, labour migration and employment issues”, he added.

Ms Kajsa Petersson, Head of Cooperation at the European Union Delegation in Djibouti said: “The EU has been supporting the IGAD and ILO since 2017, and since then we have seen important progress. The EU is ready to continue working with the IGAD Secretariat, the ILO and the IGAD Member States on labour, employment and labour migration. I am indeed pleased to announce that we will continue this partnership in the framework of our new cooperation instrument Global Europe, or also known under the acronym NDICI-GE.”

Africa Union Director for Labour, Employment and Social Development, representatives of HACTU and CIE also gave their remarks.

At the end of the three days meeting, the experts will draft recommendations for the ministerial conference scheduled on 2 March 2023.

It is to be remembered that the IGAD, in close collaboration with the ILO, organised the first Ministerial Conference of Ministers of Labour and Employment of IGAD Member States in October 2021 in Djibouti under the framework of the Free Movement of Persons and Transhumance in the IGAD Region.

The meeting is funded by the European Union and the Government of Switzerland.

Source: Intergovernmental Authority on Development

Refugee agency appeals for $137 million to help displaced in Horn of Africa

Lifesaving aid is needed urgently to help millions of people enduring one of the longest and most severe droughts on record in the Horn of Africa, the UN refugee agency, UNHCR, said on Tuesday, as the region enters its sixth consecutive rainy season with no rain.

Today in Somalia, Ethiopia and Kenya, more than eight million people require food assistance and around 332,000 “urgently need food, otherwise their lives are at risk”, said UNHCR spokesperson Olga Sarrado.

A full eight in 10 of the displaced are women and children, the UNHCR official continued, while UN migration agency, IOM, warned that failed rains and conflict in Somalia, “could force tens of thousands of people” to seek refuge in major cities and towns, particularly in Baidoa and Mogadishu where IOM projects that approximately 300,000 people could be newly displaced by July 2023”.

In an appeal for $137 million to maintain vital humanitarian programmes this year, UNHCR’s Ms. Sarrado said that well over three million refugees and internally displaced people have already been forced to leave their homes in Somalia, Ethiopia and Kenya.

Struggle to survive

Survival is a struggle for these uprooted communities, amid scarce water sources, hunger, insecurity and conflict. They need safety and assistance, just as much as host communities do too, the UN agency insisted.

“While famine has so far been averted in Somalia, mostly due to a stepped-up humanitarian response, people continue to battle life-threatening food and water shortages resulting from massive losses of harvests, livestock, and income,” Ms. Sarrado explained.

Price to pay

The UNHCR spokesperson warned however that prices of essential foodstuffs and other commodities “remain at an all-time high, out of reach for many. The dangerous confluence of climate and conflict in the region is worsening an already dire humanitarian situation.”

In Somalia alone, since the start of the year, 288,000 people have become internally displaced, because of conflict and drought, UNHCR data shows.

More than 180,000 refugees from Somalia and South Sudan have also crossed into drought-affected areas of Kenya and Ethiopia, the UN agency noted.

In Ethiopia’s Somali region – itself already suffering deeply from drought – nearly 100,000 people have arrived in Doolo in recent weeks, after fleeing conflict in the Somalia’s Laascaanood area.

Desperate testimony

In Kenya’s Dadaab camps, UNHCR also reported the testimony of a 60-year-old woman from Somalia who said that she had endured three decades of conflict in southern Somalia, but that it was extreme hunger that forced her to flee for her life.

“Most of the newly displaced might never go back to their places of origin because the land can no longer provide, and insecurity will only increase as competition for the already scarce resources grow,” IOM said in an alert for the record 3.8 million people now displaced in Somalia. “As a result, entire families will be born and raised in informal settlements amid unsuitable living conditions.”

Humanitarian action

As part of its response, UNHCR plans to provide more basic relief items including emergency shelter and household items for new refugee arrivals and displaced people in Somalia, Ethiopia and Kenya.

Water trucking supplies will be increased, while additional boreholes will be drilled and existing water and sanitation systems refurbished.

Cash assistance will be prioritized for the most vulnerable to help them supplement their own food needs, while also encouraging traders to make food and other necessities available.

Health facilities will also be supported to step up nutritional assistance for women and children through high-nutrient feeding and medical treatment for related diseases.

“This additional assistance and protection is required urgently…to save millions of lives,” said UNHCR’s Ms. Sarrado, who noted that last year’s appeal garnered less than half of the required amount needed to respond to the drought.

Source: United Nations

AfCFTA Poised to Revive Economies of Landlocked, Small Island Developing Countries

The fundamental role of the African Continental Free Trade Area (AfCFTA) in overcoming the peculiar challenges faced by Africa’s Landlocked Developing Countries (LLDCs) and Small Island Developing States (SIDS) was highlighted at a meeting in Harare.

The issue was discussed on Monday at a high-level event jointly organized by the UN Economic Commission for Africa (ECA) and the Office of the High Representative for the Least Developed Countries, Landlocked Developing Countries and Small Island Developing States (UN-OHRLLS).

“When we talk LLDCs and SIDS in the context of the AfCFTA, we are talking about a total of 22 African countries, making up 40 percent of the entire AU membership today,” Coordinator of ECA’s African Trade Policy Centre (ATPC), Melaku Desta told more than 100 representatives of government, civil society as well as UN and African Union officials.

Desta further underscored that LLDCs and SIDS can often be differentiated by the specific challenges they face, but are also confronted with many common challenges, particularly those related to the economic, social, and environmental factors that are global in scale.

“The Agreement Establishing the African Continental Free Trade Area (AfCFTA) promises to contribute towards addressing some of these challenges,” he underlined.

Desta further stressed that all six of Africa’s SIDS and 15 of the 16 African LLDCs have ratified the AfCFTA, as a sign of their readiness to leverage the opportunities offered by the AfCFTA.

He went on to highlight that the priorities defined in both the Vienna Programme of Action (VPOA) for LLDCs and the SAMOA Pathway for SIDS share some of the same goals as the AfCFTA, including that of breaking down geographical, logistical, and regulatory barriers to trade and investment and enhancing productive capabilities.

Declaring the meeting open, Chief Director of Economic Cooperation, International Trade and Diaspora in the Ministry of Foreign Affairs and International Trade of Zimbabwe, Rudo Faransis underlined that an integrated African market would facilitate the incorporation of LLCDs and SIDS in many stages of production bestowing to their competitive advantages and thereby the creation of new regional values.

“I, therefore, urge all of us here to be instrumental in playing our part in the implementation of the AfCFTA, by identifying operational gaps and challenges … in order to come up with concrete proposals to address the needs to continent’s most vulnerable countries, particularly LLCDs and SIDS,” the Chief Director said.

The two-day meeting, hosted by the Government of Zimbabwe, aims to proffer some actionable recommendations on how to leverage the opportunities afforded by the AfCFTA for accelerated implementation of the priorities of the VPOA and the SAMOA Pathway.

Over 100 participants including 30 online attended the meeting, held under the theme “leveraging the AfCFTA towards addressing the peculiar trade and development challenges of Africa’s LLDCs and SIDS”, which took place in Harare, Zimbabwe on 27 and 28 February 2023.

Source: Ethiopia News Agency

Ethiopia Catalyzing Intra-Africa Trade, Regional Integration: ECA Acting Executive Secretary Pedro

Ethiopia is taking steps that catalyze intra-Africa trade and regional economic integration, Acting Executive Secretary of the UN Economic Commission for Africa (UNECA), Antonio Pedro lauded.

In an exclusive interview with ENA, Acting Executive Secretary Pedro said that the core of African Continental Free Trade Area is about promoting intra-African trade and facilitating the emergence of globally competitive regional value chains.

We applaud the steps that Ethiopia is taking with a view to integrating its production systems with the rest of the opportunities in IGAD and Eastern Africa in general and the rest of the world, he added.

Ethiopian Airlines, as the largest carrier on the continent, plays a very important integrating role in facilitating the movement of people across the continent and beyond the continent, he stated, and added that it was also able to developed huge cargo capacity that enabled trade to continue during COVID-19.

“With the Grand Ethiopian Renaissance Dam (GERD), I see a picture where the East Africa energy poll which is an important part to export and trade on energy for Ethiopia to play a very important role in facilitating access to energy; energy for citizens and production systems and so on and so forth. So there are many things already that are being done here in Ethiopia that are the catalysts to the emergence of regional value chains,” Pedro elaborated.

It is absolutely critical and important to harness all of the continent’s potential and our opportunities, the Acting Executive Secretary pointed out, and added “one of our major transformational initiatives these days is developing batteries and electric vehicles value chain on the continent.”

He emphasized that Africa has all the access and resources for electric vehicles citing the move taken by the government of Ethiopia to promote the use of electric vehicles in the country.

“The policy decisions that the government of Ethiopia has taken for example, to foster electric vehicle sales in Ethiopia will provide an opportunity to expand demand for electric vehicles. And we need to see other companies to have similar kinds of policy stances where they’re basically saying that we want all of our transport systems to be electric. So that will expand demand in Africa and then enable us to go from producing batteries on the continent to producing electric vehicles,” Pedro noted.

Acting Executive Secretary Pedro underscored “And if you do that, then the market potential is 7.7 trillion USD by 2025 and 46 trillion USD by 2050, so this is the kinds of actions that we need to take heart and soul to make sure that AfCFTA works for Africa and have globally competitive value chain on the continent.”

Source: Ethiopia News Agency