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Fxfunds.com: Where Technology, Liquidity, and Global Opportunity Converge
techbullion1d ago

Fxfunds.com: Where Technology, Liquidity, and Global Opportunity Converge

The global financial industry is evolving at a pace never seen before. Traditional investment systems that once dominated the market are struggling to keep up with the demands of modern investors. Today’s traders expect instant execution, multi-market access, institutional-grade tools, and a seamless digital experience capable of supporting fast-moving financial strategies. In this rapidly changing [...] The post Fxfunds.com: Where Technology, Liquidity, and Global Opportunity Converge appeared first on TechBullion .

#FOREX
en_prnasisa3d ago

UN Global Compact Africa Business Leaders Coalition Unveils New Roadmap to Accelerate Intra-African Trade and Sustainable Growth

KIGALI, Rwanda , May 16, 2026 /PRNewswire/ -- The Africa Business Leaders Coalition (ABLC), a CEO-led platform convened by the UN Global Compact to bring together leading African CEOs and companies to advance sustainable growth, climate action, gender equality and economic transformation across the continent, has launched a major new position paper, Five Mindset Shifts to Unlock Intra-African Trade: A Perspective from African CEOs , at the Africa CEO Forum. The paper presents a CEO-driven, private sector-led roadmap for accelerating regional integration, strengthening African value chains and unlocking sustainable economic growth through the African Continental Free Trade Area (AfCFTA). The launch of the trade paper at the Africa CEO Forum aligns closely with this year's Forum theme of shared ownership. It reflects growing recognition that Africa's long-term competitiveness will depend on stronger regional integration, coordinated industrial development and greater private sector leadership on intra-African trade. The paper argues that Africa's transformation will depend not only on policy reform and investment, but on a fundamental shift in how governments, businesses and institutions approach regional integration and collaboration. The paper focuses on the practical actions and mindset shifts African CEOs believe are required to unlock the full potential of regional trade and economic integration. Speaking at the Africa CEO Forum, Sanda Ojiambo, CEO and Executive Director of the UN Global Compact, said: "Unlocking intra-African trade is one of the greatest economic opportunities of our generation. Africa has the resources, talent and entrepreneurial dynamism to become a major engine of global growth. What is needed now is deeper collaboration between Governments, business and regional institutions to remove barriers to trade, investment and mobility and build the conducive infrastructure to support this. The Africa Business Leaders Coalition is demonstrating how the private sector can help drive a more integrated, resilient and competitive African economy." The paper outlines five key mindset shifts required to unlock intra-African trade and strengthen Africa's long-term competitiveness: Viewing continental collaboration as a strategic advantage rather than competition; Recognizing that Africa can produce goods, not just export raw materials; Treating the mobility of people and talent as an economic opportunity; Building interconnected infrastructure networks instead of isolated national projects; and Acting with urgency to seize Africa's current economic moment. The report also emphasizes the need for stronger regional value chains in sectors including agriculture, automotive manufacturing and pharmaceuticals, while investing in emerging technologies and workforce readiness, including artificial intelligence. Alongside the trade paper, the ABLC also released its 2025 Voluntary Climate Action and Gender Equality Report , which demonstrates growing momentum among African businesses on climate action, resilience and inclusion. The report highlights that ABLC members have collectively mobilized US$9.4 billion in climate finance since 2023. Other key findings from the report include: Approximately 90 per cent of climate finance mobilized by ABLC members has been directed toward climate mitigation and renewable energy projects; Half of reporting members now have climate adaptation and resilience plans in place; Eighty-four per cent of reporting members have integrated gender equality strategies into overall company strategy; Women represent an average of 32 per cent of management positions across participating companies; ABLC members provided approximately US$1.02 billion in investment and financing to women-owned SMEs in 2025. Sharing these statistics, Phumzilie Langeni, ABLC member and Deputy Chairman of DP World Africa reflected on the Coalition's progress from commitments to concrete action: "When we started, it seemed like such a long journey. But I'm reminded of some of the conversations that we've had as members of ABLC — the theme has been that we as African business leaders can solve our own problems. We don't need to wait. We're not waiting to be saved." About the UN Global Compact As a special initiative of the United Nations Secretary-General, the UN Global Compact is a call to companies worldwide to align their operations and strategies with Ten Principles in the areas of human rights, labour, environment and anti-corruption. Our vision is clear: to mobilize business to transform sustainability ambition into action at the scale the world demands. With more than 25,000 participants and a presence in over 100 countries through 5 Regional Hubs and more than 70 Country Networks and expansion territories, the UN Global Compact is the world's largest corporate sustainability initiative. For more information, follow @globalcompact on social media and visit our website at unglobalcompact.org Key Highlights ABLC paper outlines five mindset shifts needed to unlock intra-African trade AfCFTA could increase African exports by 68% and more than double FDI by 2035 ABLC members have mobilized US$9.4 billion in climate finance since 2023 ABLC report highlights growing private sector leadership on climate action, resilience and gender equality ABLC members have provided more than US$1 billion in financing to women-owned SMEs Frequently Asked Questions (FAQ) What is the Africa Business Leaders Coalition (ABLC)? The UN Global Compact Africa Business Leaders Coalition is a platform convened by the United Nations Global Compact that brings together leading African CEOs and companies to advance sustainable growth, climate action, gender equality and economic transformation across the continent. What is the new position paper about? The paper, Five Mindset Shifts to Unlock Intra-African Trade: A Perspective from African CEOs , outlines practical recommendations from African business leaders on how to accelerate regional trade and economic integration under the AfCFTA. Why is intra-African trade important? Greater intra-African trade can strengthen economic resilience, create jobs, attract investment, develop regional value chains and reduce reliance on external markets. The AfCFTA is seen as one of the most important economic opportunities for the continent. What are the five mindset shifts identified in the paper? The paper calls for: Greater continental collaboration; More African industrial production and value addition; Easier movement of people and talent; Better connected infrastructure networks; and Faster implementation and action. What does the ABLC Annual Report show? The Voluntary Climate Action and Gender Equality Report highlights measurable progress by member companies on climate finance, renewable energy, resilience planning and gender equality. How much climate finance have ABLC members mobilized? ABLC members have collectively mobilized approximately US$9.4 billion in climate finance since 2023. How large is the ABLC network? The Coalition currently includes 75 companies operating across 52 African countries, representing nearly one million employees and approximately US$171 billion in combined annual revenue. What role does the private sector play in Africa's development? The ABLC believes the private sector has a critical role to play in driving investment, innovation, industrialization, climate action and job creation across Africa, particularly through partnerships with governments and regional institutions.

#ECONOMY
Govt Unveils India’s First SME Semiconductor Facility In Rajasthan
knnindia3d ago

Govt Unveils India’s First SME Semiconductor Facility In Rajasthan

Govt Unveils India’s First SME Semiconductor Facility In Rajasthan Jaipur, May 16 (KNN) Union Minister for Electronics and Information Technology Ashwini Vaishnaw virtually inaugurated the semiconductor ATMP/OSAT facility of Sahasra Semiconductors — India's first small and medium enterprise (SME) to commence commercial production of semiconductor chips, along with the Electronics Manufacturing Cluster (EMC) developed by ELCINA. India's First SME Semiconductor Plant According to a government press release, the Sahasra Semiconductors Pvt. Ltd. facility, developed under the Ministry of Electronics and Information Technology’s (MeitY) Scheme for Promotion of Manufacturing of Electronic Components and Semiconductors (SPECS), has been set up with an investment of over Rs 150 crore. The 57,000 sq. ft. unit is equipped with Class 10K and 100K cleanrooms for semiconductor assembly, testing, marking, and packaging operations. The plant currently packages memory chips for Micro SD and flash storage, along with LED driver ICs, eSIMs, and RFID products, with an annual packaging capacity of 60 million semiconductor units. It has plans to scale up to 400–600 million units annually over the next two to three years. Notably, over 60 per cent of current production is already being exported to markets including the United States, Germany, France, Eastern Europe, China, and Nepal. The facility is also moving towards in-house product research and development, including LED driver chips, and will support youth training in semiconductor packaging and high-tech manufacturing in collaboration with the Electronics Sector Skill Council of India and technical institutes. The Electronics Manufacturing Cluster The press release noted that the cluster, spread across 50.3 acres in Bhiwadi, Rajasthan, has been developed at a total project cost of Rs 46.09 crore, with the government providing direct support of Rs 20.24 crore under the EMC scheme. It was established by ELCINA Electronics Manufacturing Cluster Pvt. Ltd., a joint initiative of MSME industry players under the ELCINA banner. The cluster is equipped with uninterrupted power and water supply, internal roads, centralised administrative facilities, testing and training centres, and a dedicated Skill Development Centre with smart classrooms and laboratories. Strategically located near the Delhi NCR with strong road, rail, and air connectivity, it is positioned to emerge as a significant hub for electronics component manufacturing. The cluster has attracted planned investments of over Rs 1,200 crore from 20 companies active across semiconductor packaging, electronic components, air conditioners, RFID technologies, EV parts, and industrial electronics. As many as 11 companies are already operational with cumulative investments exceeding Rs 900 crore, generating employment for over 2,700 persons. Major operational units include Aisan Fiem Industries, E-Pack Durable, Sahasra Semiconductors, Varada Green Energy, and Duggar Power Products, among others. (KNN Bureau)

#TECH
[OUT] OJEE 2026 Answer Key & Response Sheet @ojee.nic.in: How to Check, Download PDF & Calculate Score Before Result Declaration
thesundayguardian3d ago

[OUT] OJEE 2026 Answer Key & Response Sheet @ojee.nic.in: How to Check, Download PDF & Calculate Score Before Result Declaration

Candidates can now log in to check and download their response sheet, estimate scores using the marking scheme, and raise objections against the provisional key before the final answer key and result announcement. The post [OUT] OJEE 2026 Answer Key & Response Sheet @ojee.nic.in: How to Check, Download PDF & Calculate Score Before Result Declaration appeared first on The Sunday Guardian .

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Sony’s Xperia 1 VIII AI camera demo backfires after overexposed samples go viral
gizmochina3d ago

Sony’s Xperia 1 VIII AI camera demo backfires after overexposed samples go viral

Sony’s newly launched Xperia 1 VIII was supposed to highlight the company’s continued focus on creators and mobile photography. Instead, much of the conversation online this week has ended up revolving around a few badly received demo images. The Xperia 1 VIII launched on May 13 with flagship hardware, including the Snapdragon 8 Elite Gen [...] The post Sony’s Xperia 1 VIII AI camera demo backfires after overexposed samples go viral appeared first on Gizmochina .

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A Precision Drill Press for Tiny Bits
hackaday3d ago

A Precision Drill Press for Tiny Bits

Anyone who’s worked with even a 1 mm bit knows that while a drill press is all but essential, it isn’t proof against broken bits. Working with a 0.1 mm ...read more

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