Supercar Rental Company Classic Parade Launches UK’s First Cryptocurrency Payment Service

Supercar Rental Company Classic Parade Launches UK’s First Cryptocurrency Payment Service

One of the UK’s leading supercar hire companies has just launched a cryptocurrency payment system to rent the world’s most impressive supercars.

LONDON, Feb. 21, 2023 (GLOBE NEWSWIRE) — One of the UK’s leading supercar hire companies has just launched a cryptocurrency payment system to rent the world’s most impressive supercars. Customers can now choose to pay to for selection of over 100 supercars from 28 luxury marques in Bitcoin or Ethereum cryptocurrency as well as in Pound Sterling. One of the cars available at their showrooms in London, Manchester and Edinburgh, is the £2.4m Bugatti Chiron, which costs £200,000 a day to rent, or 220.75 ETH, or 11.696 BTC.

Classic Parade founder and owner Andrew Brown said: “Our clientele are international and want to be able to pay to rent our supercars without the hassle and cost of exchange rates and transfer fees. “Many of our clientele have significant holdings in cryptocurrency and so it makes sense to offer this option for them. The transactions are immediate, and we can also take the deposits in crypto as well, and then it’s easy to return the deposit after the rental has expired as well.”

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Crypto payments are made to Classic Parade’s secure wallet and all necessary steps are taken to ensure the safety of the financial transfers. Once the funds have transferred and the rental agreements are signed the supercar is either collected or delivered to the customers address in the UK.

Andrew Brown added: “We have to go through the usual identity checks needed to hire a vehicle, but these are easy to process, and it becomes much easier with every repeat transaction. “This way we can also provide adequate “know your customer” checks.” One of Classic Parade’s most popular cars for summer rentals is the Lamborghini Huracan Spyder which costs £1,100 a day to rent, or 1.21 ETH or 0.064 BTC. Andrew Brown said: “We are expecting a great deal of interest from crypto investors in the next few months to rent out our incredible supercars. Many investors are relatively young and want to show their wealth and so the interest in supercars is very strong for this market.”

You can see the full range of supercars and their prices at https://www.classicparade.co.uk

Media contact details:

James Goble, Classic Parade
+44 (0) 333 355 3595
rent@classicparade.co.uk

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/49b34c75-e25e-4725-bd2c-0b83c37cfe83

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High Level Ethiopian Delegation Arrives in Beijing

A high level Ethiopian delegation led by Minister of Finance, Ahmed Shide has arrived in Beijing, China for an official visit.

The objective of the visit is to discuss bilateral trade, investment, and economic cooperation between the two countries, according to Ethiopian Embassy in Beijing.

The Delegation will hold strategic meetings with key government ministries as well as Chinese financial institutions and investment companies.

It will also participate in the Joint Economic and Trade Commission and an Ethio-Chinese investment forum organized by the Ethiopian Embassy in China.

The Delegation includes Governor of National Bank of Ethiopia, Mamo Miheretu, Ethiopian Investment Commission Commissioner, Lelise Nami, Finance State Minister Eyob Tekalegn and other senior government officials.

Source: Ethiopia News Agency

Eastern Africa Region Needs Coordinated Approach to Address Pressing Issues, Says EASF Representative

The eastern Africa region needs to have a coordinated approach to address pressing issues and come up with solutions, AU Eastern Africa Standby Force (EASF) representative said.

In an exclusive interview with ENA at the margins of the recent AU summit in Addis Ababa, AU Eastern Africa Standby Force representative Steve Lalande, said regional organizations mechanisms are closer to the ground in the region and building blocks for continental integration.

“Of course, there are issues that can be solved very quickly. There are issues that you know take time because we come from different regions, different countries. Each member state is a sovereign nation. They also have ways of addressing issues, but when we come together, we find solutions,” he stressed.

According to him, integration starts in the region and as this progresses, it is possible to have inter-regional integration that eventually leads to continental integration.

We have Vision 2063 and “it is up to us Africans, our governance to come together and work together to find solutions, and surely work towards the vision that we all aspire.”

Asked about African solutions to African problems, the representative said there are different programs, which some are a little bit more advance. One of the fantastic things now is we have the African Continental Free Trade Agreement which is being implemented; and this is good news.

“There are various programs, various issues that are being dealt with individually, at different pace. So I think we will get that. But, obviously it needs us to come together and address those issues together. This is African solutions to African problems.”

In eastern African region we have a number of organizations to address various issues so as to find a way to come together with a coordinated approach, Lalande stated.

The Union is a fantastic platform that brings together all member states so that they can come up with an agenda and address them.

Responding to the question about Ethiopia’s effort to ensure peace and stability in the region, he stated that “we consider the political capital of Africa to be here in Ethiopia. So we have great expectations about Ethiopia’s role in facilitating this dialogue, coming together.”

The Eastern Africa standby force is one of the five standby forces in five regions of Africa. It is a regional organization whose mandate is to enhance peace and security in the region. It consists of military, police and civilian components.

Source: Ethiopia News Agency

First Continental Conference of Religious Institutions to be Held in Ethiopia Next Week

Ethiopian Inter-religious Council announced that the first continental conference of religious institutions will be held in Addis Ababa next week.

In his press briefing today, Ethiopian Inter-religious Council Secretary General Kesis Tagay Tadele said the conference will be held at the African Union Hall on February 28, 2023.

The Ethiopian Inter-religious Council in collaboration with partner institutions will organize the conference that is expected to discuss and recommend solutions to the socio-economic challenges in the continent, he said.

According to him, research-based recommendations will be presented to policy makers and governments to protect religious teachings, principles and values.

There will also be an exchange of experiences for religions to teach about peace, human dignity, diversity, management and protection of natural resources, sustainable development and freedom, Kesis Tagay pointed out.

The secretary general stated that the conference is planned to be held annually at the African Union Commission level.

The objectives of the conference include cooperation between religions, solidarity of faithfuls, strengthening the culture of dialogue and helping the African Union’s efforts to become G20 member, he said.

President Sahlework Zewde, representatives of the United Nations and African Union as well as the diplomatic communities based in Addis Ababa will participate at the conference, he pointed out.

The conference is expected to attract 300 participants including African and international spiritual leaders, policy makers, and university scholars.

He finally called on concerned actors to welcome the guests with Ethiopian values and culture for the conference to be held successfully.

Source: Ethiopia News Agency

First Continental Conference of Religious Institutions to be Held in Ethiopia Next Week

Ethiopian Inter-religious Council announced that the first continental conference of religious institutions will be held in Addis Ababa next week.

In his press briefing today, Ethiopian Inter-religious Council Secretary General Kesis Tagay Tadele said the conference will be held at the African Union Hall on February 28, 2023.

The Ethiopian Inter-religious Council in collaboration with partner institutions will organize the conference that is expected to discuss and recommend solutions to the socio-economic challenges in the continent, he said.

According to him, research-based recommendations will be presented to policy makers and governments to protect religious teachings, principles and values.

There will also be an exchange of experiences for religions to teach about peace, human dignity, diversity, management and protection of natural resources, sustainable development and freedom, Kesis Tagay pointed out.

The secretary general stated that the conference is planned to be held annually at the African Union Commission level.

The objectives of the conference include cooperation between religions, solidarity of faithfuls, strengthening the culture of dialogue and helping the African Union’s efforts to become G20 member, he said.

President Sahlework Zewde, representatives of the United Nations and African Union as well as the diplomatic communities based in Addis Ababa will participate at the conference, he pointed out.

The conference is expected to attract 300 participants including African and international spiritual leaders, policy makers, and university scholars.

He finally called on concerned actors to welcome the guests with Ethiopian values and culture for the conference to be held successfully.

Source: Ethiopia News Agency

China Releases Global Security Initiative Concept Paper

China on Tuesday released its Global Security Initiative Concept Paper, according to a press release issued by Chinese Embassy in Addis Ababa.

The embassy said in a press release that the Global Security Initiative (GSI) was first proposed by Chinese president Xi Jinping in last April.

The GSI Concept Paper further explains the core concepts and principles of GSI, identifies the key cooperation directions and proposes relevant cooperation platforms and mechanisms of GSI.

“It is believed that the Concept Paper will provide a useful “manual” for all parties to understand the connotation of GSI and participate in the cooperation under the framework of GSI,” the press release indicated.

Wang Yi, Member of the Political Bureau of the Communist Party of China (CPC) Central Committee and Director of the Office of the Foreign Affairs Commission of the CPC Central Committee, made an advance announcement of the report when he delivered a keynote speech at the 59th Munich Security Conference in Germany on Saturday.

China will be launching a Global Security Initiative (GSI) Concept Paper to lay out a more systematic approach and more practical measures to address global security challenges, Wang said, adding that China welcomes other countries’ active participation.

Chinese Foreign Minister Qin Gang told a forum on Tuesday in Beijing that China had officially released the Global Security Initiative Concept Paper, fully elaborating ideas and principles, clarifying cooperation mechanisms and underscoring China’s responsibilities and firm determination to safeguard world peace by listing 20 major cooperation directions.

The paper firmly supports a UN-centered security governance structure and supports its efforts to prevent war and lead in post-war reconstruction, calling for major countries to play a leading role on global security issues, to reject hegemony and bullying and to build a peaceful coexistence, delivering stable and balanced relations between major countries, Qin said.

Source: Ethiopia News Agency

Nigeria’s natural resources are under threat – urgent steps a new president must take

By the end of May 2023 Nigeria will have a new president following February’s elections.

Among their many duties the person who takes over will be expected to appraise the nation’s performance and its commitment to protecting the environment. Nigeria is a signatory to many international conventions on environment-related treaties.

Nigeria’s biological and physical environments – in particular, its forests, inland waters and coastal waters – have inevitably been affected by its population growth. This rise in population has led to growing socio-economic needs. These include residential buildings and more physical infrastructure, such as roads, hospitals, and schools. More space is needed for people, at the cost of natural environments; and people’s activities have also contributed to pollution.

The biggest threat to the environment in Nigeria is people’s lack of awareness and understanding of what they can do to keep it clean and healthy. A commitment to the environment should begin at the family level. It extends from there to the top. The incoming president will have to initiate and drive progress on policies and plans that preserve the country’s natural resources.

What’s under threat

Nigeria’s rapid urbanisation has taken a toll on the natural environment as cities and towns have expanded and become interconnected. These developments have also led to the fragmentation of the forests, making many species that depend on a wide geographic range susceptible to poaching. Animals could become threatened or extinct once their habitats are lost or fragmented.

Nigeria’s inland waters (streams, rivers and lagoons) and coastal environment are not faring well. Many people dump their waste into the waterways. The pollutants are then carried by large rivers into lagoons and, eventually, the sea.

Plastic waste is the chief pollutant of Nigeria’s water bodies. No decisive action has been taken to manage the problem.

Decades of oil exploration, too, have severely contaminated some of the country’s important rivers. The level of mining effluents in some of the country’s waterways is alarming.

What needs to be done

The country’s National Biodiversity Strategy and Action Plan has set a number of targets.

Environmental education: My research group conducted a study in which we discovered that Nigeria had not yet met the first target. This was that by 2020, at least 30% of Nigerians should be familiar with the idea of biological diversity.

We recommended, that environmental education be made compulsory at all levels. Government agencies should use electronic and social media to educate the public about the need to protect natural ecosystems.

Establishment of conservation areas: The sixth target of the environmental plan is that at least 10% of Nigeria’s territory should be conservation areas. This is vital in view of the country’s expanding population and encroachment into natural environments.

To start with, the undisturbed forests, rivers and streams, especially those that harbour threatened species, should be designated as conservation areas as soon as possible.

Once a conservation area is established, encroachment will stop as these locations are normally off-limits to human habitation.

Managing population growth and infrastructural development: Nigeria’s population exceeds those of countries with much larger land areas, such as Ethiopia, Tanzania and Angola. Population growth should therefore be a focus area for the new president.

Housing policies should discourage indiscriminate building, especially in forested areas. Housing estates should be environmentally compliant.

Each household should be required by law to plant and nurture at least one tree to maturity. This could help create green environments, reduce carbon buildup in the atmosphere, and create a cool environment.

Funding: The next president will also need to make more budgetary allocations for environmental education and conservation projects. There are still many unexplored natural sites with threatened species in Nigeria. They need to be protected before they are lost.

Laws: The plastic pollution bill hasn’t been passed. It needs to be sent back to the National Assembly as soon as possible for quick passage.

Single-use plastics should be banned for tourists in all protected areas, parks and beaches. Nigeria can’t afford to be complacent. Several African nations have passed laws prohibiting plastic pollution and are enforcing them to varying degrees.

Specialists: To drive this agenda, the nation needs to employ professional zoologists, botanists and environmental scientists in the ministries, departments, and agencies of government that are responsible for protecting natural environments. There are two constraints to this happening. First, many young Nigerians find some of these courses less appealing. Second, career prospects are low: some of the available positions are filled by people who aren’t natural scientists.

Enrolment in environment-related programmes (especially in fee-paying private universities) should be encouraged with incentives such as scholarships and career opportunities.

Four of the 17 Sustainable Development Goals have an environmental emphasis, which is not surprising, given that, as humans, we are only as healthy as our environment. Thus, the next president of Nigeria should give environmental protection as much care as he does the economy and the security of lives and properties.

Source: The Conversation Media Group Ltd