Category: Africa

  • MIL-OSI: BitMart Launches X Insight: A Breakthrough AI Tool That Translates Crypto Conversations Into Market Intelligence

    Source: GlobeNewswire (MIL-OSI)

    Mahe, Seychelles, June 23, 2025 (GLOBE NEWSWIRE) — BitMart, a global leader in digital asset trading, is proud to announce the official launch of X Insight — an AI-powered intelligence platform that transforms real-time social conversations on X (formerly Twitter) into actionable trading signals for the crypto market.

    As social media continues to drive market momentum in the digital asset space, traders and investors are increasingly seeking tools that can help them interpret sentiment, detect shifts, and move quickly. X Insight answers that need by offering deep, real-time analysis of crypto discussions — empowering users with unprecedented clarity and confidence in a highly volatile landscape.

    Built for traders, investors, analysts, and crypto enthusiasts alike, X Insight provides a comprehensive suite of features:

    • Real-Time Sentiment Analysis: Instantly gauge the market mood around any token by analyzing millions of X posts using advanced natural language processing.
    • Social Sentiment Index (SSI): A proprietary score (0–100) that combines social activity, sentiment positivity, and KOL (Key Opinion Leader) focus to give a quick pulse check on a coin’s momentum.
    • Market Pulse Ranking (MPR): A predictive alert system that flags social anomalies, providing early warnings for potential risks or trend reversals.
    • KOL Tracking and Consensus: Monitor what top crypto influencers are saying — and how aligned they are — with dynamic consensus scores and attention shifts.
    • AI Tweet Filtering: Cut through the noise with intelligent filters that remove irrelevant content and surface high-value posts with reliable data signals.
    • Multi-language Support: Access insights across English, Chinese, and Korean to stay informed on global sentiment.
    • User-Centric Design: The intuitive interface presents social data with clarity and precision — from trending topics to sentiment shifts — empowering users of all experience levels.

    “BitMart’s X Insight represents a revolutionary leap in crypto market intelligence by delivering AI-powered social sentiment analysis that transforms how traders access actionable market insights,” said NenterGlobal CEO of BitMart. “Our proprietary Social Sentiment Index and Market Pulse Ranking system provide unmatched precision in predicting market movements by combining real-time social metrics with KOL consensus tracking — setting a new industry standard.”

    This launch marks more than just the introduction of a new feature. It reflects BitMart’s broader commitment to pioneering intelligent crypto infrastructure through applied AI and real-time analytics. X Insight is the first of several products planned under BitMart’s next-generation innovation roadmap — a series of tools designed to make advanced trading insights more accessible, actionable, and transparent.

    As crypto markets continue to evolve at lightning speed, BitMart remains focused on giving users the power to react faster, understand deeper, and trade smarter.

    Discover how X Insight can elevate your crypto strategy — now live on https://www.bitmart.com/ai/xinsight.

    About BitMart

    BitMart is a premier global digital asset trading platform with more than 10 million users worldwide. Consistently ranked among the top crypto exchanges on CoinGecko, BitMart offers over 1,700 trading pairs with competitive fees. Committed to continuous innovation and financial inclusivity, BitMart empowers users globally to trade seamlessly. Learn more about BitMart at Website, follow their X (Twitter), or join their Telegram for updates, news, and promotions. Download BitMart App to trade anytime, anywhere.

    Disclaimer:

    The information provided is for informational purposes only and should not be considered a recommendation to buy, sell, or hold any financial assets. All information is provided in good faith. However, we make no representation or warranty of any kind, express or implied, regarding the accuracy, adequacy, validity, reliability, availability or completeness of such information.

    All crypto investments, including earnings, are highly speculative in nature and involve substantial risk of loss. Past, hypothetical, or simulated performance is not necessarily indicative of future results. The value of digital currencies can go up or down and there can be a substantial risk in buying, selling, holding, or trading digital currencies. You should carefully consider whether trading or holding digital currencies is suitable for you based on your personal investment objectives, financial circumstances, and risk tolerance. BitMart does not provide any investment, legal or tax advice.

    The MIL Network

  • MIL-OSI Africa: Intense cold front to hit SA midweek 

    Source: South Africa News Agency

    The South African Weather Service (SAWS) has warned that an intense cold front is expected to make landfall on Wednesday over the south-western parts of South Africa, bringing a significant shift in weather conditions across the region.

    “The cold front is expected to be accompanied by heavy rainfall with a risk of localised flooding over the western parts of the Western Cape, especially in low-lying and poorly drained areas on Wednesday into Thursday [25-26 June 2025],” Head of Disaster Risk Reduction at the SAWS, Rudzani Malala, said on Monday.

    The public has been cautioned that wet and slippery roads may result in dangerous driving conditions. 

    “Motorists should exercise caution and adhere to safety measures. Strong and gusty winds over the interior may cause localised damage to structures and uproot trees. Cold to very cold conditions can be expected, along with possible snowfall over the western mountain ranges of the Western Cape, spreading into the south-western interior of the Northern Cape.

    “Strong and gusty winds over the interior may cause localised damage to structures and uproot trees. Cold to very cold conditions can be expected, along with possible snowfall over the western mountain ranges of the Western Cape, spreading into the south-western interior of the Northern Cape,” Malala explained.

    READ | Western Cape prepares for severe cold, wet weather

    The maritime forecast includes gale-force winds and very rough seas, with wave heights between 5.5 metres to 7.5 metres, along the coastlines of the Northern Cape and Western Cape.

    These conditions will lead to disruptions to fishing and port operations, an increased risk of vessels capsizing, accidents at sea, and hazardous shoreline conditions. 

    Coastal residents and beachgoers are urged to exercise caution.

    “As the system progresses eastwards, it will affect the Eastern Cape, which is already vulnerable to weather-related impacts. The key concern here is strong, damaging winds that are expected across most parts of the province on Thursday, 26 June 2025.

    “Furthermore, interior winds are expected to pick up and spread over the remainder of eastern provinces on Thursday and Friday, 26 and 27 June 2025, with daytime temperatures dropping to the cold category,” he said.

    READ | Cold front in the Eastern Cape brings strong winds

    Call to heed weather reports

    The weather service called on communities to follow daily weather reports and heed severe weather warnings.

    “This means following weather reports on radio, television, newspapers, social media, websites and staying attuned to what disaster management authorities have to say. This needs to be in each person’s daily routine. It is that important – a matter of life and death,” Malala said.

    Additionally, the South African Weather Service will continue to monitor any further developments relating to the weather systems and will issue subsequent updates as required. 

    Furthermore, intermediate updates may be followed on X (@SAWeatherServic), Facebook (South African Weather Service) or other SAWS supported social media platforms.

    “Impact Based Weather Warnings, if any, will continue to be issued via the system I have just elaborated on. As I have said, we need to work more closely with stakeholders to ensure to it that we save lives and property.

    “Dissemination efforts aside, the South African Weather Service will continue with its elaborate public education and awareness programme, which includes own initiative mass events and piggybacking on other governmental events to equip vulnerable communities with information that could save lives and property.

    “We will also carry on with our quarterly community radio programme targeted at vulnerable communities, partnering with disaster management authorities, municipal emergency services, and humanitarian bodies such as Red Cross International for an impactful collaboration,” he said. –SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: Call to treat municipalities like businesses to attract skilled staff

    Source: South Africa News Agency

    Minister of Cooperative Governance and Traditional Affairs, Velenkosini Hlabisa, has called for a differentiated approach to tackling the challenges facing municipalities. 

    This includes improving funding, providing better remuneration for councillors, and attracting skilled staff to rural areas.

    “We need to adopt a style where our municipalities will be run like businesses. But to do so, we need to take a bold and new approach on structuring funding and remuneration of councillors, because if our councillors are paid peanuts, they will spend most of their time on other jobs and only pay lip service as councillors,” Hlabisa said on Monday. 

    The Minister was speaking at a high-level dialogue with political parties in South Africa as part of the ongoing review of the 1998 White Paper on Local Government. 

    Hlabisa said the remuneration of councillors, municipal managers, and Section 56 employees should be a topic for discussion.

    “If you want to attract them to deep rural municipalities, there should be a discussion that, to attract competent engineers, competent accountants and competent municipal managers from big cities to deep rural municipalities, the remuneration must compensate those people so that they can go and serve our rural municipalities.” 

    Government officials and relevant stakeholders should engage with honesty while reviewing the White Paper and come up with recommendations on these important issues.

    In April, Hlabisa officially published a discussion document on the Review of the 1998 White Paper on Local Government. 

    This document, published under Notice No. 6118 (Gazette: 52498), initiated a national discussion aimed at producing a revised White Paper on Local Government by March 2026.

    The launch of the review process involved over 300 delegates from various sectors, with political parties having until 30 June 2025 to submit their contributions.

    The review process aims to inspire fresh thinking, facilitate honest reflection, and promote decisive action toward establishing a local government system that effectively serves the people of South Africa.

    The gathering stressed the need for political parties to engage in shaping the future of municipalities. 

    The Minister took the time to highlight the poor performance of many municipalities, citing audit outcomes, financial mismanagement, and distressed municipalities. 

    “We also know that the public holds the opinion that the majority of municipalities are not doing well. There are indeed municipalities that are doing well, even if it may not be said, excellent. 

    “Unfortunately, these few well-performing municipalities are overshadowed by the majority that are not doing well. Year after year, the audit outcomes show that few municipalities get a clean bill.”

    The Minister acknowledged the essential role of political parties and expressed eagerness for their contributions and involvement.

    “We can improve the White Paper on Local Government. Local government is where policies become services, promises become infrastructure, and governance becomes tangible. 

    “Local government is at the coalface of service delivery and the closest to the people; it is the sphere that must be strengthened in terms of human resources, capacitated in terms of capabilities, and be made financially resourced to focus on maximum service delivery.”

    In addition, he stated that the involvement of traditional and Khoi-San leaders in local government must be engaged to ensure their maximum participation and contribution in advancing democracy and service delivery. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: Correctional Services cracks down on contraband at Tshwane facility

    Source: South Africa News Agency

    Monday, June 23, 2025

    An unannounced raid at the Odi Correctional Centre has led to the discovery of a myriad of contraband material, including cellphones, drugs and WiFi routers.

    This is according to Correctional Services National Commissioner Makgothi Thobakgale who spoke to the media following the late-night raid.

    “We are here to restore order. We are here to restore the security protocols that are supposed to prevail here. So far, we have found 30 cellphones, cellphone accessories [and] three routers. 

    “We found…slopes that are loaded with nyaope, mandrax tablets, crystal meth, dagga and we found offenders that are…buying from the kiosk and reselling to offenders.

    “Others actually barter their items for food. It’s a problem for us because…if an offender doesn’t have enough food because they are exchanging their food for substances, it disturbs their ability to attend rehabilitation programs,” he said.

    The Commissioner explained that the correctional centre was targeted following a tipoff.

    “The second reason is that it is a small centre that is in a township and most instances, those centres are hubs of [the] selling of illegal substances. 

    “The third reason is that we also wanted to identify offenders that, given their classification, we might have to change their classification from low and medium to high risk given the contraband that we found in their possession,” Thobakgale added.
    At least two offenders have been identified for relocation in this regard.

    “There are officials that are [also] going through disciplinary processes. Even here, there are two officials that have been suspended.  That is the work that management has been doing but we have identified that we need to come in and strengthen their hand in dealing with contraband and in ensuring that the centre is free from illegal substances and objects,” Thobakgale explained. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: SIU strikes on former Lotteries Commission official

    Source: South Africa News Agency

    Monday, June 23, 2025

    The Special Investigating Unit (SIU) has obtained a court order preventing former National Lotteries Commission (NLC) senior manager, Sanele Dlamini, from accessing his pension benefits until the finalisation of a civil case against him.

    The civil case relates to the alleged illegal disbursement of some R6 million in NLC funds signed off by Dlamini to the Motheo Sports and Entertainment Foundation.

    “The SIU’s investigation revealed that an NLC-funded project – a sports complex – was never initiated, and supporting documents, including progress reports and financial statements, were falsified. 

    “Mr Dlamini, who facilitated the irregular disbursement of R3 million to the Motheo Sports and Entertainment Foundation, co-signed the fraudulent progress report without verifying the site or documentation, enabling the unlawful payout,” the SIU said in a statement.

    The corruption busting unit explained that it turned to the courts for a freezing order to “limit the risk of a hollow judgment if funds were released, noting concerns that Mr. Dlamini may lack sufficient assets to satisfy future claims”.

    “The interdict bars Mr. Dlamini from accessing his pension benefits until the SIU’s main case, a civil recovery action tied to the misallocation of R6 million in NLC grant funds, is concluded. 

    “The fourth respondent, Liberty’s Corporate Selection Umbrella Retirement Fund, has been directed to assess and disclose the value of Dlamini’s pension within 60 days. This preservation is intended to ensure that funds remain available for potential recovery should the SIU succeed in its claim,” the statement read. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: The International Monetary Fund (IMF) Resident Representative pays farewell call on Minister for Foreign Affairs and Tourism

    Source: Africa Press Organisation – English (2) – Report:

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    The International Monetary Fund (IMF) Resident Representative, Mrs. Aissatou Diallo called on the Minister for Foreign Affairs and Tourism, Mr. Sylvestre Radegonde as part of her farewell tour this Monday 23rd June 2025 at Maison Quéau de Quinssy.

    Among the issues discussed was the forecasted growth in the Tourism sector in the coming months. Minister Radegonde explained that one main challenge encountered was air connectivity which was often a deterrent to potential visitors.

    During their meeting, Mrs. Diallo described Seychelles as a success story in the IMF, saying that the country has consistently performed at a high level throughout their programmes and that it was considered to be a role model. She described her 3-year tenure as one which was productive and rewarding.

    Minister Radegonde personally thanked Mrs. Diallo for the work done during her tenure as the first IMF Resident Representative and wished her much success in her upcoming posting.

    – on behalf of Ministry of Foreign Affairs and Tourism, Republic of Seychelles.

    MIL OSI Africa

  • MIL-OSI Africa: How a volunteer group grew into a Ugandan tech leader

    Source: Africa Press Organisation – English (2) – Report:

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    Ten years ago, the ICT Association of Uganda (ICTAU) was a small, volunteer-run organization with limited capacity. It had one staff member, a working board, and little visibility among decision-makers. Uganda’s tech sector was expanding, but ICTAU lacked the structure and support needed to keep up.

    With stronger governance and support from the NTF V FastTrackTech project in Uganda, ICTAU is now shaping policy, supporting start-ups, and building a more inclusive digital economy.

    A decade ago, coordination among tech companies was weak. Many worked in isolation, unaware of the benefits of joining a larger network. Governance was also a challenge. Without a professional secretariat or strong leadership, the association could not consistently deliver value to its members.

    Gideon Nkurunungi, who joined ICTAU in 2022 and became CEO the next year, says that early on, the association had little influence. ‘We didn’t have proper systems in place. Most members weren’t active. We weren’t running events or engaging in policy discussions. There was potential, but no structure to realise it.’

    Strategic support sparks change

    That started to change when ICTAU partnered with the International Trade Centre’s Netherlands Trust Fund V (NTF V) FastTrackTech project.

    One of the first areas of support was internal governance. The board expanded to include more diverse expertise, and the organization established a permanent secretariat. This included the creation of the CEO role, which brought in professional leadership for the first time.

    NTF V FastTrackTech also helped ICTAU develop programmes focused on start-up support, export readiness, and certification. Members received training in agile and lean start-up methods, connected with international buyers, and exhibited at global events.

    Inclusion was another key focus. NTF V FastTrackTech encouraged ICTAU to increase support for women-led and youth-led businesses. This led to the formation of a Women in Tech chapter and more women joining the board.

    New spaces for dialogue and networking

    The changes quickly produced results. ICTAU launched the National ICT Summit and the CIO breakfast series, both of which created new spaces for dialogue and networking. Members could now meet face to face, showcase products, and exchange ideas. These events also increased the association’s profile with government, donors, and international partners.

    ICTAU also began engaging more actively in policy. It hosted roundtables, consulted on draft legislations, and crafted reports on sector trends and challenges. Members had new ways to make their voices heard.

    Membership growth followed. The association has grown from around 100 members at the start of the NTF V partnership to over 300 today. These include students, startups, non-governmental organizations, professionals, and larger companies.

    ‘Members are more involved now. They attend events, ask questions, and share experiences. We’ve become a proper community, not just a database,’ says Nkurunungi.

    ’Having structure and a clear direction lets us serve more people and deliver better results,’ says Nkurunungi. ‘The work we’re doing now lays the foundation for the next ten years.’

    Plans for mentorship

    Uganda is one of East Africa’s fastest-growing economies, with a rising wave of fintech, foodtech, software and data startups. Start-ups play a key role in driving economic growth, creating high-value jobs and advancing national development.

    Building on the FastTrackTech foundation, ICTAU is planning a series of new initiatives. A startup chapter is being developed to offer more targeted support to early-stage companies. A mentorship programme is also in the pipeline, linking local entrepreneurs with experienced mentors from other regions.

    The association will continue its work on policy engagement and certification, aiming to keep members aligned with global standards. Regular events and published insights will remain key features of ICTAU’s work.

    ‘We’re not treating FastTrackTech as a one-off project,’ says Nkurunungi. ‘It has shaped the way we work, and we’re keeping that approach.’

    About the project

    The Netherlands Trust Fund V (NTF) (July 2021 – June 2025) is based on a partnership between the Ministry of Foreign Affairs of The Netherlands and the International Trade Centre. The programme supports MSMEs in the digital technologies and agribusiness sectors. Its ambition is two-fold: to contribute to an inclusive and sustainable transformation of food systems, partially through digital solutions, and drive the internationalization of tech start-ups and export of IT&BPO companies in selected Sub-Saharan African countries.

    – on behalf of International Trade Centre.

    MIL OSI Africa

  • MIL-OSI Africa: New Study Shows the Coca-Cola System has an Economic Impact of $10.4 Billion Across its Value Chain in Africa, Supporting More Than 1 Million Jobs

    Source: Africa Press Organisation – English (2) – Report:

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    • Across 54 African markets, The Coca-Cola Company and its authorized bottlers, collectively known as the Coca-Cola system, contributed $10.4 billion in economic activity across its value chain in 2024.
    • The Coca-Cola system and its value chain supported more than 1 million jobs in retail, agriculture, manufacturing, transport and services in Africa.
    • The Coca-Cola system purchased $4.3 billion from suppliers in Africa in 2024, representing 83% of the system’s total procurement on the continent.

    The Coca-Cola Company (www.Coca-ColaCompany.com) today announced the results of a comprehensive, Africa-wide socio-economic impact study during the 2025 U.S.-Africa Business Summit in Luanda, Angola.

    The study shows that the Coca-Cola system, made up of The Coca-Cola Company and its authorized bottlers, working with a wide network of suppliers, manufacturers, service providers and customers, contributed $10.4 billion in value-added economic activity across its value chain in Africa in 2024.

    The Coca-Cola system supported more than 1 million jobs across its value chain on the continent in sectors like retail, agriculture, manufacturing, transport and services. This included 36,800 direct Coca-Cola system jobs, plus 987,000 indirect jobs that are supported across the value chain, meaning the system collectively supported 27 additional jobs for every job it directly creates.

    The study, conducted by global consultancy Steward Redqueen, shows that the system invested $4.3 billion in the African economy in 2024 through the purchase of goods and services from local suppliers, representing 83% of its total procurement.

    “Our long-standing presence in Africa, working with locally owned bottlers and suppliers, allows us to drive more sustainable growth and contribute to the continent’s development,” said Luisa Ortega, president of the Africa operating unit of The Coca-Cola Company. “Our unique operating model allows us to make a lasting impact in local communities.”

    The company’s portfolio in Africa includes a wide range of brands in several beverage categories. Ingredients and packaging used by the Coca-Cola system in Africa are mostly locally sourced, supplied, produced, manufactured and distributed.

    “The Coca-Cola Company’s commitment to Africa remains steadfast,” Ortega said. “The Coca-Cola system has announced investments of nearly $1.2 billion on the continent over the next five years, and we are hopeful that stable and predictable policy environments will enable more investments in the months and years ahead. Additionally, the Coca-Cola system will invest nearly $25 million by 2030 to help address critical water-related challenges in local communities in 20 African markets.”

    This study highlights the Coca-Cola system’s role in Africa’s long-term growth and driving more sustainable development across the continent. The approach adopted by Steward Redqueen integrates client-provided operational data with trusted third-party economic sources and industry benchmarks. More than just measuring direct contributions, the analysis uncovers economic interlinkages, showing how the Coca-Cola system drives production, generates income, and supports employment across a spectrum of industries and geographies.

    Teodora Nenova, Managing Partner at Steward Redqueen added: “Our impact assessment reveals the wide-reaching economic footprint of the Coca-Cola system across Africa. The findings highlight the scale of the Coca-Cola system’s local presence and its ongoing contribution to economic opportunity and livelihoods across the continent.”

    – on behalf of Coca-Cola.

    Follow on Social Media:
    Instagram: https://apo-opa.co/44cezqb
    Facebook: https://apo-opa.co/3HSjxBe
    LinkedIn: https://apo-opa.co/4ezr18B

    About The Coca-Cola Company:
    The Coca-Cola Company (NYSE: KO) is a total beverage company with products sold in more than 200 countries and territories. Our company’s purpose is to refresh the world and make a difference. We sell multiple billion-dollar brands across several beverage categories worldwide. Our portfolio of sparkling soft drink brands includes Coca-Cola, Sprite and Fanta. Our water, sports, coffee and tea brands include Dasani, smartwater, vitaminwater, Topo Chico, BODYARMOR, Powerade, Costa, Georgia, Fuze Tea, Gold Peak and Ayataka. Our juice, value-added dairy and plant-based beverage brands include Minute Maid, Simply, innocent, Del Valle, fairlife and AdeS. We’re constantly transforming our portfolio, from reducing sugar in our drinks to bringing innovative new products to market. We seek to positively impact people’s lives, communities and the planet through water replenishment, packaging recycling, sustainable sourcing practices and carbon emissions reductions across our value chain. Together with our bottling partners, we employ more than 700,000 people, helping bring economic opportunity to local communities worldwide. Learn more at www.Coca-ColaCompany.com.

    MIL OSI Africa

  • MIL-OSI Africa: With farm co-ops, Senegal improves its agri-food value chains

    Source: Africa Press Organisation – English (2) – Report:

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    Agricultural cooperatives let farmers pool their resources so they can get better prices for their produce and access more markets, including international ones.

    In Senegal, nearly one-third of mango and onion producers belong to one of 29 new or modernized cooperatives established by the PACAO programme. These cooperatives have forged  new links among farmers, businesses that process foods, and exporters who can sell those goods abroad.

    Improving these value chains boosts food security, stimulate economic growth, and create sustainable jobs.

    ‘Before forming our cooperative, we each worked on our own, with no coordination,’ said Cheikh Mbacké Mboup. He’s an agricultural engineer by training with 42 years of experience in farming. ‘This prevented us from pooling our resources and negotiating better prices. We were scattered, and that limited our ability to produce and sell effectively.’ 

    He’s currently serving as the chairman of the Fruit, Vegetable, and Livestock Producers’ Cooperative, known by its French acronym  (COOPROFEL). Based about 70 kilometres from the capital Dakar, in Keur Mbir Ndao, the cooperative now has 635 members.

    Created in 2007, COOPROFEL overhauled its organizational structure and operations in 2021, with support from the International Trade Centre (ITC) though the Programme of Assitance for Competitiveness in West Africa – Senegal Component (PACAO-Senegal).

    It’s one of 29 cooperatives that worked with the programme, bringing together nearly 70,000 producer-members who work with mangoes and onions. These cooperatives alone account for 31% of national onion production and 29% of mango production.

    COOPROFEL, which operates in the mango and onion value chains, faced many challenges before teaming up with PACAO-Senegal.

    Better organization in value chains

    With the programme’s support, COOPROFEL members received training on good agricultural practices, marketing, leadership, communication, organizational management, and financial management. These trainings were complemented by the development of a financial and accounting procedures manual, allowing for better traceability of operations.

    Organization is essential to the competitiveness of value chains and improves producers’ access to markets and inputs. Marianne Diattara has been a producer for over 25 years, and is now deputy general treasurer of COOPROFEL.

    ‘Now, the market is much more accessible. Recently, we took part in major trade fairs organized in Dakar,’ she said.

    ‘Today, our mangoes are exported to countries like Belgium, Spain, France, the Netherlands, and Morocco. As for onions, the cooperative has helped us better organize our production and sell at higher prices. We now have more stable incomes,’ said Amadou Thiam, Vice President of COOPROFEL.

    A business partner of COOPROFEL, Mamadou Ndiaye, Sales Manager at TropicaSem, confirms this success. ‘We’ve been working with COOPROFEL since 2023. Last year, we sold them over 78 tons of seeds. The cooperative is one of our best clients.”

    The cooperatives can steer their produces through the value chain so the mangoes and onions can be turned into new products. Those processed goods fetch higher prices than the fresh fruit, creating jobs and growing incomes.

    Mangoes are sold fresh but also as purée, jam, smoothies, flour, vinegar, and more. Processed onion products are also found in supermarket shelves across Senegal and in weekly markets.

    These products go through several stages: the farmer who harvests them, the cooperative that aggregates and sells them, the factory that processes them, and the distributor who places them on shelves or exports them. By organizing agricultural cooperatives, PACAO-Senegal strengthens a vital link in this chain and facilitates market access for cooperative members.

    But the value chain is not just about products. It’s also about people, like Cheikh Mbacké Mboup, Marianne Diattara and Amadou Thiam. It’s about the farmers that PACAO-Sénégal has supported, whose incomes have risen thanks to better organization. It’s about their business partners – customers and suppliers – whose operations have expanded. And it’s about the consumer, who has access to quality local products. 

    By structuring value chains, PACAO-Sénégal creates a virtuous circle by promoting agricultural cooperative societies. 

    – on behalf of International Trade Centre.

    MIL OSI Africa

  • MIL-OSI Economics: ICC elects four new members to the Executive Board

    Source: International Chamber of Commerce

    Headline: ICC elects four new members to the Executive Board

    The new members were formally elected during the annual meeting of the ICC World Council on 19 June 2025 and will each serve a three-year term effective 19 June 2025. The diverse experience of new members will enrich ICC’s roadmap to enable peace and prosperity through trade and reflects ICC’s continued commitment to geographic representation and diversity of expertise as the world’s largest and most inclusive business organisation.

    The ICC Executive Board is responsible for developing and implementing ICC’s strategy, policy and programme of action as well as for overseeing the financial affairs of ICC. 

    ICC Chair Philippe Varin said:

    “I’m very pleased to welcome this exceptional group of global leaders who bring deep expertise and fresh perspectives to ICC. Their leadership will be vital as we continue charting a path forward in delivering real-world solutions for business in a changing global environment. My thanks also to our outgoing Board members for their contributions.”

    The new Board members are: 

    Mohammad Lootah

    Mohammad Ali Rashed Lootah is the President and CEO of Dubai Chambers, where he leads strategic initiatives to enhance Dubai’s business environment, attract foreign investment, support global business expansion, and promote the digital economy. Prior to this role, he held several key leadership positions within Dubai’s Department of Economy and Tourism, including CEO of Commercial Compliance and Consumer Protection, overseeing areas such as consumer rights, business protection, and intellectual property. He also served in senior roles at the Department of Economic Development and the Dubai Land Department. 

    Zhang Hui

    Zhang Hui is Vice Chairman, Executive Director and President of the Bank of China, roles he assumed between December 2024 and January 2025. He also serves as Vice Chairman of BOC Hong Kong (Holdings) Limited. Mr Zhang joined the Bank of China in 2024 after serving as Executive Vice President of China Development Bank from 2021 to 2024. Prior to that, he spent many years at Bank of Communications, where he held various senior roles including as Chief Risk Officer, general manager of several risk management departments, and president of regional branches including in Guizhou and Shanghai. 

    Anousheh Ansari

    Anousheh Ansari is the CEO of XPRIZE, where she leads global innovation competitions addressing some of humanity’s most pressing challenges. A tech entrepreneur and space pioneer, Ms Ansari co-founded and led Prodea Systems, an IoT company recognised among Inc. Magazine’s 500 fastest-growing firms. In 2006, she became the first female private space explorer, the first astronaut of Iranian descent, and the first Muslim woman in space. Under her leadership, XPRIZE has awarded over US$81 million and launched US$361 million in active competitions. Ms Ansari also serves in various global advisory roles, including with the World Economic Forum, GESDA and UNESCO, and is an advocate for women entrepreneurs through initiatives like The Billion Dollar Fund for Women.

    Kobkarn Wattanavrangkul

    Kobkarn Wattanavrangkul is a Thai business leader and former Minister of Tourism and Sports, known for her contributions to both public policy and corporate governance. As Thailand’s tourism minister from 2014 to 2017, Ms Wattanavrangkul championed sustainable tourism and cultural heritage. She currently serves as Chair of the Board of Directors at Kasikornbank and Toshiba Thailand, and plays an active role in advancing education, innovation and international cooperation through various institutional boards. Ms Wattanavrangkul’s career reflects a strong commitment to inclusive and sustainable development in Thailand.

    Term renewals

    Elected to serve on the ICC Executive Board for a second term during the World Council meeting were Holger Bingmann (Germany), Managing Partner, Bingmann Pflüger International GmbH, Rebecca Enonchong (Cameroon), CEO, AppsTech and Chair of Afrilabs, Marjorie Yang (Hong Kong), Chair, Esquel Group, Lama Al Sulaiman (Saudi Arabia), Shareholder and Board Member of Rolaco Holdings, KSA and LUX and Justin D’Agostino (Hong Kong), Global CEO, Herbert Smith Freehills Kramer.

    Outgoing Board members are Candace Johnson (United States/Luxemburg), Vice-Chair, NorthStar Earth and Space, Fredrik Cappelen (Sweden), Chairman and Board Member in the Swedish and Nordic industry, Valentina Mintah (Ghana), Founder West Blue Consulting, Zhang Xiaolun (China) Chair, China National Machinery Industry Corporation (SINOMACH).

    Leading chambers worldwide

    The ICC World Council also ratified the re-election of Rifat Hisarcıklıoğlu as Chair of the ICC World Chambers Federation (WCF) for a second three-year term commencing 20 June 2025. Mr Hisarcıklıoğlu is Chair of ICC Türkiye and President of the Union of Chambers and Commodity Exchanges of Türkiye (TOBB).

    MIL OSI Economics

  • MIL-OSI Africa: Spaza Shop Awareness Campaign benefits business owners 

    Source: South Africa News Agency

    Government’s Spaza Shop Support Awareness Campaign is providing much-needed clarity while also encouraging business owners to do things by the book.

    “Before today, I didn’t know where to start or which documents were truly necessary. This workshop answered questions I’ve had for years. Now, I understand what compliance actually means and how to meet those expectations,” spaza shop owner Matshidiso Mooki said.

    Mooki was among those who attended the session held at the City Hall in the Vereeniging Central Business District in Gauteng on Friday.

    She said the campaign brought clarity.

    “I am determined to ensure that I comply with all the regulations so that I can qualify for support through the Spaza Shop Support Fund,” she said of the session.

    The campaign offered spaza shop owners and township-based convenience store operators critical information on how to apply for both financial and non-financial support under the R500-million fund that was launched by Trade, Industry and Competition Minister Parks Tau and Small Business Development Minister Stella Ndabeni Abrahams in April.

    For Matome Tshabalala, the information received at the session was a game changer. He started his shop after the COVID-19 lockdown.

    “I’ve always operated informally, but now I want to do things the right way. What stood out for me was the emphasis on record-keeping and understanding zoning laws. I also appreciated the introduction to stock management and bookkeeping,” he said.

    The campaign, which aims to formalise and support township-based enterprises, brought together local spaza shop owners, government officials and business development stakeholders.

    READ | Government’s Spaza Shop campaign goes to Sedibeng

    Compliance 

    Participants at the session heard about the importance of compliance requirements for spaza shop permit applications. 

    Matshepo Madumbo, the Assistant Manager of Local Economic Development and Tourism at Emfuleni Local Municipality, emphasised the importance of adhering to municipal regulations when applying for permits.

    “Many residential areas are not zoned for commercial activity. For a spaza shop to operate legally, the property owner must apply for a rezoning certificate. Without that, the business cannot be recognised as compliant.

    “I cannot stress the importance of submitting a stamped building plan, an occupancy certificate, certified identity document, a proof of address no older than three months, and registration documents from the Companies and Intellectual Property Commission (CIPC) along with a valid tax clearance certificate,” she said. 

    Madumbo noted that failure to comply with these requirements often leads to unnecessary delays and missed opportunities for funding and supplier networks.

    “The Spaza Shop Support Campaign continues to rollout across provinces, ensuring that township entrepreneurs are not only included in the broader economic framework but are also equipped to thrive within it. 

    “By focusing on compliance, formalisation, and access to resources, the campaign is helping to level the playing field for small business owners in underserved communities,” said the  Department of Trade, Industry and Competition and the Department of Small Business Development.  – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: The proposed Transformation Fund levels the economic playing field for emerging black businesses

    Source: South Africa News Agency

    By Parks Tau 

    In 1994, South Africa inherited an economy that was structurally designed to exclude the vast majority of South Africans. Apartheid’s distorted policies had created a dual economy: one of wealth and privilege and another of poverty and exclusion.

    This calculated economic strategy, structured along racial lines, created white-owned mines, farms, and factories while many black South Africans languished on the fringes of the economy in an underdeveloped informal sector.

    Their meaningful participation in our nation’s wealth was further eroded by discriminatory laws that restricted Black South Africans from owning land, accessing quality education, and entering skilled professions.

    These economic distortions which were implemented over hundreds of years continue to plague our nation today as we grapple with one of the highest levels of economic inequality in the world, worsened by alarmingly high unemployment, especially among Black youth.

    The country’s Gini coefficient of 0.63 shows that our nation’s income remains unevenly distributed, with the top 10 percent of the population holding more than 85 percent of household wealth. This persistent disparity undermines the development of an inclusive economy where all citizens participate and benefit.

    The transformation we seek is about positive change and is the only logical path to long-term growth and the reduction of inequality. In deracialising ownership across our economy, we open more opportunities for black people, in particular women and the youth.

    While the Constitution guides our work in creating a society with equal opportunities, we require a deliberate removal of structural obstacles to draw more people into the economy and mechanisms that advance our constitutional commitment to economic redress and transformation.

    In this regard, government plans to introduce the Transformation Fund to help level the economic playing field for emerging Black businesses, particularly those in key economic sectors such as manufacturing, agriculture and tourism who struggle to secure funding due to stringent lending requirements.

    The fund will provide financial support, infrastructure and capacity-building to Black-owned businesses – in particular Small, Medium and Micro Enterprises, women and youth entrepreneurs, and people living with disabilities – who are often locked out of meaningful economic participation due to their lack of access to capital.

    In fostering greater access to capital, business owners can invest in equipment, hire skilled staff, expand into new markets and ultimately quicken the pace of transformation in South Africa’s economy. It is also expected to stimulate meaningful economic activities across all regions of our country.

    A similar transformation initiative took place in South Korea, whose government actively worked with companies in the country to address market failures. Local businesses known as Chaebol were guaranteed loans from the banking sector, backed by the government. In the late 1980s, this led to rapid industrialisation with Chaebol businesses dominating the industrial sector in manufacturing, trading and heavy industries

    There was also great success in Malaysia’s empowerment initiative, demonstrating what can be achieved through transformation. The country in 1970 found itself in a similar position we face today and began to transform its society and economy through economic empowerment. Its empowerment plan, the National Economic Policy, assisted with the redistribution of the country’s wealth to the indigenous Malays known as Bumiputeras. Today Malaysia is among the richest countries in Southeast Asia by GDP per capita.  

    The Transformation Fund we are proposing will operate through a transparent application process, where qualifying businesses as well as partnerships, can apply for funding based on the project’s potential for social impact, sustainability, and alignment with national development goals.

    The fund will be anchored in contributions already made to the Enterprise Supplier Development and Equity Equivalent Investment Programme as part of our nation’s B-BBEE policy.  While no additional contributions are required over and above those made under our B-BBEE commitments, the voluntary co-funding by government and business of our transformation efforts can quicken the change we want in our economy.

    In supporting the Transformation Fund, both the public and private sectors stand to benefit from the investment in future suppliers, customers, and innovators who will, in turn build resilience and relevance in a fast-changing society.

    In advancing the establishment of the fund, it is proposed that the fund will be managed by a dedicated governance structure to ensure transparency. A Special Purpose Vehicle will be established to ensure accountability to an Oversight Committee and a board that possesses the required skills and capacity.

    The fund’s draft concept document was released for public comment on 19 March 2025 and the comment period concluded on 28 May 2025. South Africans are encouraged to continue to actively engage on the fund, and more details can be found on the website www.dtic.gov.za.

    Government plans to have the fund operational by the end of the year and capacitated with R100 billion. Once operational, it will assist in helping to bring real change in our economy and the lives of people. Let us turn transformation from a concept into practice as we make a real difference in others’ lives and create a fairer society.

    *Parks Tau is the Minister of Trade, Industry and Competition

    MIL OSI Africa

  • MIL-OSI Europe: AFRICA/KENYA – The appeal of the Archbishops of Nyeri and Nairobi for the march in memory of last year’s victims: “Let dialogue prevail”

    Source: Agenzia Fides – MIL OSI

    Nairobi (Agenzia Fides) – Let dialogue prevail between the government and young people. This is the appeal for the march in memory of the victims of last year’s protests against the budget law (see Fides, June 21, 25, and 26, 2024). The march is scheduled for June 25. Yesterday, Sunday, June 22, addressing the media together, Monsignor Anthony Muheria, Archbishop of Nyeri and Vice President of the Kenya Conference of Catholic Bishops (KCCB), and his counterpart in Nairobi, Archbishop Philip Arnold Subira Anyolo, invited President William Ruto to listen to the country’s youth.“With just over 60 hours to the march, our greatest call is to safeguard human life,” declared Archbishop Muheria. “It does not matter what your goals are—the most urgent goal is to protect life, uplift the poor, and listen to one another.”Archbishop Anyolo added: “We have no right at any time to take the life of another. As Catholics, we believe life begins at conception – and that belief compels us to care even for mothers who mourn children killed in such unrest,” The two Archbishops also addressed a message to young people, urging them to moderate their intransigent positions and participate constructively in nation-building, while warning political leaders that inflammatory rhetoric fuels division and violence. Addressing the young people, Archbishop Muheria ask for “a spirit of unity,” so “let us walk together and find solutions as we mourn those who died.”“Political leaders must avoid recklessness in speech. As our national anthem reminds us, we must speak with each other to live together as one nation,” added Msgr. Anyolo.The two prelates urged the government to prioritize justice for those who lost their lives during last year’s protests and for those still recovering from injuries sustained in clashes with law enforcement, which left at least 60 dead. In recent days, clashes have erupted during demonstrations demanding the truth about the death in a security cell of blogger Albert Ojwang (see Fides, June 12 and 17, 2025). (L.M.) (Agenzia Fides, 23/6/2025)
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    MIL OSI Europe News

  • MIL-OSI Europe: AFRICA/KENYA – The appeal of the Archbishops of Nyeri and Nairobi for the march in memory of last year’s victims: “Let dialogue prevail”

    Source: Agenzia Fides – MIL OSI

    Nairobi (Agenzia Fides) – Let dialogue prevail between the government and young people. This is the appeal for the march in memory of the victims of last year’s protests against the budget law (see Fides, June 21, 25, and 26, 2024). The march is scheduled for June 25. Yesterday, Sunday, June 22, addressing the media together, Monsignor Anthony Muheria, Archbishop of Nyeri and Vice President of the Kenya Conference of Catholic Bishops (KCCB), and his counterpart in Nairobi, Archbishop Philip Arnold Subira Anyolo, invited President William Ruto to listen to the country’s youth.“With just over 60 hours to the march, our greatest call is to safeguard human life,” declared Archbishop Muheria. “It does not matter what your goals are—the most urgent goal is to protect life, uplift the poor, and listen to one another.”Archbishop Anyolo added: “We have no right at any time to take the life of another. As Catholics, we believe life begins at conception – and that belief compels us to care even for mothers who mourn children killed in such unrest,” The two Archbishops also addressed a message to young people, urging them to moderate their intransigent positions and participate constructively in nation-building, while warning political leaders that inflammatory rhetoric fuels division and violence. Addressing the young people, Archbishop Muheria ask for “a spirit of unity,” so “let us walk together and find solutions as we mourn those who died.”“Political leaders must avoid recklessness in speech. As our national anthem reminds us, we must speak with each other to live together as one nation,” added Msgr. Anyolo.The two prelates urged the government to prioritize justice for those who lost their lives during last year’s protests and for those still recovering from injuries sustained in clashes with law enforcement, which left at least 60 dead. In recent days, clashes have erupted during demonstrations demanding the truth about the death in a security cell of blogger Albert Ojwang (see Fides, June 12 and 17, 2025). (L.M.) (Agenzia Fides, 23/6/2025)
    Share:

    MIL OSI Europe News

  • MIL-OSI: High Arctic Overseas Announces Executive Appointment

    Source: GlobeNewswire (MIL-OSI)

    NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. ANY FAILURE TO COMPLY WITH THIS RESTRICTION MAY CONSTITUTE A VIOLATION OF U.S. SECURITIES LAW

    CALGARY, Alberta, June 23, 2025 (GLOBE NEWSWIRE) — High Arctic Overseas Holdings Corp. (TSXV: HOH) (“High Arctic Overseas” or the “Corporation”) is pleased to announce the appointment of Matthew Cocks as Chief Financial Officer (“CFO”) effective June 24, 2025, subject to TSX Venture Exchange approval.

    Mr. Cocks initially joined the Corporation in October 2023 as VP-Finance responsible for the PNG Business to provide financial leadership and strengthen the finance and accounting processes in preparation of the spin-out from High Arctic Energy Services Inc.

    Mr. Cocks has over 20 years of experience in broad financial leadership positions including substantial periods in senior and executive roles of private and public companies, including significant experience in resources, construction, manufacturing and logistics businesses. Mr. Cocks is a Chartered Accountant with an extensive background in financial stewardship, strategic planning and analysis, change and risk management, controls design and implementation and building and developing international finance teams.

    Mike Maguire, Chief Executive Officer, stated: “I am pleased to welcome Matt to the executive management team at High Arctic. Matt’s 20-plus years of wide-ranging financial management expertise in international markets and in services to the extractive industries will be invaluable to the Corporation as we look to diversify and expand our PNG business. I would also like to thank Lonn Bate for his guidance and support as Interim CFO since the spin-out and establishment of the Corporation. Lonn can now focus fully on his duties as CFO of High Arctic Energy Services Inc.”

    About High Arctic ‎Overseas Holdings Corp.

    High Arctic Overseas is a market leader in Papua New Guinea providing drilling and specialized well completion services, manpower solutions and supplies rental equipment including rig matting, camps, material handling and drilling support equipment.

    For further information, please contact:
    Mike Maguire
    Chief Executive Officer
    1.587.320.1301

    High Arctic Overseas Holdings Corp.
    Suite 2350, 330–5th Avenue SW
    Calgary, Alberta, Canada T2P 0L4
    www.higharctic.com
    Email: info@higharctic.com

    Some of the statements in this press release, including those relating to TSXV Venture Exchange approval of the appointment of a new CFO, and the diversification and expansion of the Corporation’s business, that are predictive in nature, that depend upon or refer to future events or conditions, or that include words such as “expects”, “anticipates”, “intends”, “plans”, “believes”, “estimates”, or similar expressions, are forward-looking statements within the meaning of applicable Canadian securities laws. Forward-looking statements include, without limitation, the information concerning possible or assumed future results of operations of the Corporation. These statements are not historical facts but instead represent only the Corporation’s expectations, estimates, and projections regarding future events. By their nature, forward-looking statements require us to make assumptions and are subject to inherent risks and uncertainties. We caution readers of this news release not to place undue reliance on our forward-looking statements as a number of factors could cause actual results or conditions to differ materially from current expectations. Please refer to the risks set forth in the Corporation’s most recent annual MD&A and the Corporation’s continuous disclosure documents that can be found on SEDAR+ at www.sedarplus.ca. The Corporation does not intend, and disclaims any obligation, except as required by law, to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

    Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.‎

    The MIL Network

  • MIL-OSI Africa: Valor Hospitality Partners signs three deals in Namibia, expanding its continental footprint

    Valor Hospitality Partners (www.ValorHospitality.com), a global leader in full-service hospitality solutions, today announced the signing of three new hotel management contracts in Namibia. This follows an announcement earlier this week of two new properties in West Africa that’s been added to its portfolio on the continent, signed at the Future Hospitality Summit (FHS) in Cape Town this week.  

    The three deals are all with IHG Hotels & Resorts, one of the world’s leading hospitality companies, to manage three new-build properties in Namibia, namely the Vignette Collection Dunes Resort Swakopmund making its debut in the country, Holiday Inn Walvis Bay, and voco Windhoek CBD. 

    The debut of a Vignette Collection property in Namibia bears testament to the country’s growing appeal as a destination of choice for the discerning traveller.  

    The combined capital expenditure for the development and establishment of the three new-build properties in the Southern African country is a significant R1.3 billion.  

    Not only do these agreements strengthen Valor’s relationship with IHG in the region, it also expands their footprint across the continent and attests to the growing preference for fully-integrated hospitality management services.  

    Valor will oversee the successful opening and management of each of the Namibian properties, drawing on their deep global experience to bring a best-in-class offering to the agreement.  

    Michael Pownall, Co-Founder and Managing Partner at Valor Hospitality Partners, says the signing of these agreements reflect not only confidence in the continent’s hospitality sector but also its appreciation for the value fully-integrated management services offer. “These partnerships are about value first and foremost, and how that value enhances the entire sector for all stakeholders. Of course we’re also immensely pleased – and proud – to grow and diversify our regional presence even further” he says.  

    Valor brings global insights and strategy to the table. Combined with their deep understanding of how to blend the big-picture with regional and cultural nuances in each location, it’s an approach that ensures global best-in-class management and operational practices at every level.  

    Haitham Mattar, Managing Director, IMEA, IHG Hotels & Resorts , said: ” Namibia is one of the most promising growth markets in southern Africa, and we are proud to enhance our presence in the country with three distinctive brands. With strategic locations in Swakopmund, Walvis Bay, and Windhoek, these hotels will cater to the full spectrum of traveller needs, from lifestyle seekers and leisure guests to business executives. This deal shows our ambition to expand our footprint in high-potential African markets through strong local partnerships and a diversified brand portfolio. 

    He added: Valor Hospitality Partners is one of IHG’s trusted partners in the region and is a strategic choice for managing these properties in Namibia. We have every confidence in the value that add and look forward to working with them as we enhance our presence in the country. 

    Reagon Graig, Managing Director Cadence Capital added: “Our collaboration with IHG Hotels & Resorts marks a major milestone for Namibia’s growing hospitality sector. Also commenting on the transaction, Rodrigo Pimenta, Managing Director, Santiago Property Developers said: “The development of these three hotels aligns perfectly with our vision to support the country’s tourism and business infrastructure, while creating high-quality, globally recognised destinations. We look forward to welcoming guests to these hotels and contributing to Namibia’s continued growth and appeal on the world stage. 

    The magnitude of these deals reinforce Valor’s strategic growth on the continent and its ongoing commitment to building world-class and sustainable hospitality operations that embody the brand’s “whole world of local” value ethos.  

    Distributed by APO Group on behalf of Valor Hospitality.

    For media inquiries and high-resolution images, please contact: 
    Delia de Villiers 
    delia@phoenixcollective.world 
    +27 73 710 3000

    Valor Hospitality Social Media: 
    Facebook: https://apo-opa.co/46aDJbt
    LinkedIn: https://apo-opa.co/4kSsEQL
    For more information about Valor Hospitality and its innovative approach to hotel management and franchising, visit www.ValorHospitality.com.  

    ABOUT VALOR HOSPITALITY PARTNERS: 
    Valor Hospitality Partners (https://apo-opa.co/3TzaXd1) is a leading global full-service hotel underwriting, acquisition, development, management, and asset management company. With over 90 hospitality projects in its international portfolio, Valor Hospitality offers an array of services, including site selection, product and brand selection, entitlements, financing solutions, conceptual design, construction and project management, procurement, technical services, pre-opening, and operations management. Valor also provides consulting services on a wide range of project scenarios, including working with new or existing ownership groups on reviewing site selection, assessing feasibility studies and project budgets, compiling project budgets, and underwriting. For more information, visit www.ValorHospitality.com

    MIL OSI Africa

  • MIL-OSI United Nations: 23 June 2025 One optometrist’s mission to transform eye care in Somalia

    Source: World Health Organisation

    Based in Mogadishu, Dr Kalif leads a life of tireless dedication. Each afternoon, he treats patients in his private clinic, offering essential eye care in a setting where such services are scarce. He also teaches at the only optometry faculty in southern and central Somalia—home to the majority of the country’s population.  

    In addition, he is the Project Manager of Charity Vision Somalia, overseeing the country’s first free comprehensive vision eye care center. And every Friday, he travels 30 kilometers outside the capital to run eye camps, providing checkups for villages who, in many cases, have never had their eyes examined in their lives. 

    Dr Kalif’s commitment is deeply personal. In the early 2000s, his grandmother was left aphakic (the condition of having no lens in the eye) after undergoing cataract surgeryand forced to rely on thick  +10.00 diopter that left bruises on her face. “Her glasses were so heavy they left painful marks on her nose,” Mohamed recalls. “I used to tell her that one day, I’d become an eye doctor and make things better for her.” Although she passed away before he could finish his education, her struggle remains a powerful source of inspiration behind his misión to make eye care more accessible for everyone. 

    Somalia lacks resources, and eye care does not receive much attention. But Mohamed refuses to let these challenges hold him back. Using simple tools and a single donated room in a voluntary hospital, he and his team treat over 100 patients every month for free. He focuses on creating solutions with what is on hand. “You don’t need magic,you just need a system.”  

    Technology is helping him build that system. After discovering the WHOeyes app through LinkedIn—a free vision screening tool developed by the World Health Organization (WHO)— Dr Kalif contacted WHO to translate the tool into Somali.   

    Today, he encourages families to check their eyesight and identify early signs of vision impairment. He also collaborates with local health platforms to spread awareness and plans to promote the app through social media videos. “It is easy to use and very effective,” he explains. “In a country like Somalia where awareness is lacking, this app could change lives.” 

    One of the biggest obstacles, he says, is a widespread lack of knowledge. Many parents and teachers don’t realize that children might be struggling with their vision. Over the years, Dr Kalif has screened hundreds of schoolchildren and discovered preventable conditions going unnoticed. He recalls a 17-year-old girl who lived with blurred vision in one eye her whole life. “She told me, ‘I thought everyone’s left eye was like this,’” he says. “When she smiled after getting her glasses, that’s the moment that keeps me motivated.” 

    But Dr. Kalif’s ambition reaches beyond individuals—he is focused on transforming the entire system.  He played a key role in setting up Somalia’s first optometry training program, which celebrated its first group of graduates in 2024. He is also teaming up with the National eye health coordinator of the Ministry of Health and the WHO country office in Somalia to complete the first ECSAT (Eye care situation analysis tool) and prepare a national eye health strategy. His goal is to link Somali professionals with global training programs to gain expertise without always needing help from outside specialists. 

    In a country where healthcare is often limited and vision care is rarely prioritized,  Dr Kalif stays optimistic. “Vision changes lives,” he explains. “I’ve watched people go from being jobless to providing for their families all because they could see again.” 

    His vision for the future is simple. “Eye care everywhere in Somalia. That’s my life’s mission”. 

     

     

    Note: 

    About optometry 
    Optometry is a healthcare profession that is autonomous, educated, and regulated (licensed/registered), and optometrists are the primary healthcare practitioners of the eye and visual system who provide comprehensive eye and vision care, which includes refraction and dispensing, detection/diagnosis and management of disease in the eye, and the rehabilitation of conditions of the visual system. According to the World Council of Optometry, an optometries holds a bachelor’s degree or higher from a tertiary-level educational institution.  

    About WHOeyes 

    WHOeyes is a free, population-facing mobile software application to check near and distance visual acuity. Regular visual acuity checks can ensure that vision impairment is identified at the earliest so that you can take action to continue enjoying your sight. You can learn more and download it here. 

    “,”datePublished”:”2025-06-23T11:14:46.0000000+00:00″,”image”:”https://cdn.who.int/media/images/default-source/topics/health-and-well-being/disability/blindness-and-vision-impairment/mohamed-optometrist-have-vision.png?sfvrsn=7e3681c0_3″,”publisher”:{“@type”:”Organization”,”name”:”World Health Organization: WHO”,”logo”:{“@type”:”ImageObject”,”url”:”https://www.who.int/Images/SchemaOrg/schemaOrgLogo.jpg”,”width”:250,”height”:60}},”dateModified”:”2025-06-23T11:14:46.0000000+00:00″,”mainEntityOfPage”:”https://www.who.int/news-room/feature-stories/detail/one-optometrist-s-mission-to-transform-eye-care-in-somalia”,”@context”:”http://schema.org”,”@type”:”Article”};
    ]]>

    MIL OSI United Nations News

  • MIL-OSI Africa: 95 dead in Eastern Cape floods, as search and recovery efforts continue

    Source: South Africa News Agency

    The Eastern Cape Provincial Government has announced that a total of 95 bodies have been recovered across various districts, following the recent floods, including the bodies of two teenage males discovered yesterday afternoon.

    This as the search and recovery efforts continue.

    “Out of the recovered bodies, 86 have been identified and have been collected by their families and processes are underway for the identification of the remaining bodies,” the provincial government said in a statement on Monday.

    The provincial government said it was coordinating the provision of burial support for the victims of the disaster. This includes the storage of the bodies, burial services and transportation of the remains to the area identified by the families for burial. 

    “The provision of this support has been made possible through support from AVBOB and government is also engaging with other funeral parlours with a view to mobilise support in line with the needs of the family.

    “Government has provided support to 26 deceased persons that were buried from Thursday to this weekend,” the provincial government said. 

    In addition to the burial services, government has provided the following support to the bereaved families:

    • The South African Social Security Agency (SASSA) has extended the Social Relief of Distress (SRD) grant, and this includes the provision of financial support towards funeral preparations.

    • Grocery hampers donated by Interlink Express.

    • The Department of Education has provided financial support of R5000 per deceased learners.

    • Various local municipalities are assisting with grave preparation where required.

    • Home Affairs emergency and mobile services for bereaved and displaced families.

    • The Department of Home Affairs has deployed three mobile offices each in Butterworth and Mthatha. 

    “Through this intervention, 311 in Mthatha and 145 in Butterworth affected individuals are being assisted to replace their birth certificates and IDs that were lost as a result of the disaster. All six mobile offices will remain on site this week to continue to provide support to the survivors as they rebuild their lives,” the statement said.

    Search and recovery efforts 

    The integrated search and recovery teams have been assisted by the South African National Defence Force (SANDF) members who continue to work tirelessly to locate and recover any remaining bodies.

    From Monday, the search and recovery teams will be joined by a team from the North West Provincial Government, increasing the number of teams to four.

    The provincial government has welcomed the support of government institutions and non-governmental organisations who have been part of rescue and recovery efforts, including the provision of humanitarian support.

    Eastern Cape Acting Premier, Mlungisi Mvoko, has acknowledged the role played by ordinary citizens in continuously cooperating with authorities and providing the necessary assistance during this challenging time.

    “The provincial government is committed to speeding up efforts of ensuring that affected communities are supported to rebuild their lives,” the provincial government said. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI Africa: Central African Republic : African Development Bank Strengthens Capacity to Tackle Illicit Financial Flows and Manage Resource-backed Loans

    The African Development Bank Group (www.AfDB.org) has successfully concluded a high-level workshop and policy dialogue aimed at enhancing the Central Africa Republic’s capacity to combat illicit financial flows (IFFs) and improve the governance of resource-backed loans.

    Held in Bangui from 10-13 June 2025 under the theme Harnessing Africa’s Wealth: Curbing Illicit Financial Flows for Resilient Growth and Development,” the four-day event brought together 80 officials from key government ministries, including Finance, Economy, Planning, Environment, Mines and Geology – as well as civil society, the private sector, and local communities.

     The sessions were convened by the African Development Institute (ADI) (https://apo-opa.co/4k3PqnO) and the Natural Resources Management and Investment Centre (ECNR) (https://apo-opa.co/3I7F8Wc) as part of the Bank’s GONAT initiative, which supports improved natural resource governance in fragile and transitional states.

    High-level panelists included Prof. Richard Filakota, Minister of Economy, Planning and International Cooperation who also serves as the Bank’s Governor for the Central African Republic; Mr. Rufin Benam Beltoungou, Minister of Mines and Geology; and Prof. Chantal Laure Djebebe, Minister and Advisor to the Prime Minister on natural resources.

    Illicit financial flows are a major challenge across the continent, draining billions of dollars annually and severely constraining the ability of African countries to mobilize domestic resources for development.

    “The Central African Republic is rich in natural resources – gold, diamonds, uranium, copper, forests, among others. However, without enhanced oversight, institutional capacity, and sound strategic planning, these resources can become a source of political instability, illicit activities, and unsustainable debt,” warned Minister Beltoungou.

    Workshop participants emphasized the growing use of resource-backed loans – facilities collateralized by natural resources – to finance infrastructure development. While these instruments can unlock critical funding, they also pose risks.

    “Resource-backed loans are loans collateralized by natural resources and can help finance infrastructure such as roads, hospitals, and schools. However, caution is needed in managing repayment conditions, especially when a country lacks full control over its resource accounting,” emphasized Médard Goudozoui, a geological engineer and training beneficiary.

    The capacity-building sessions introduced a suite of practical tools and analytical methods for detecting and addressing IFFs in the Central African Republic.

    “We explored techniques such as the Partner Country Method, trade misinvoicing, and international indices like the Financial Secrecy Index and the Corruption Perception Index – all of which help identify discrepancies between export declarations and customs records in partner countries,” noted Fanta Mariette Samba-Vomi, a geological engineer and Director of the Mining Cadastre. According to her, such tools are critical in detecting anomalies related to under- or over-valuation of exported resources – as often seen in the gold and diamond sectors in the CAR.

    Gender inclusion in governance processes was also featured during the workshop.

    “We welcome the GONAT project’s focus on inclusive governance, with a target of at least 40% female participation. As a Bank, we recognize that transformative and sustainable change is only possible when the voices of women and local communities are integrated into policy formulation processes,” said Mamady Souaré, Country Manager of the African Development Bank Group in the Central African Republic.

    Echoing this, Alexia Molotouala, Head of Division at the Permanent Secretariat of the Kimberley Process, stated: “Increasing women’s involvement is critical because they play a key role in affected communities. Their participation enhances transparency, fairness, and policy effectiveness. Inclusive governance also promotes social cohesion and sustainable development.”

    Dr. Eric Ogunleye, Director of the African Development Institute emphasized the broader impact of the sessions. “It is our firm belief that the knowledge and tools acquired will go a long way in fostering stronger oversight of resource-backed loans and better governance of extractive resources.”

    Distributed by APO Group on behalf of African Development Bank Group (AfDB).

    Contact:
    Solange Kamuanga-Tossou
    Principal Regional Communication Officer
    African Development Bank
    media@afdb.org

    About the GONAT Project:
    GONAT is a flagship initiative of the African Development Bank Group. Designed to improve governance in the natural resources sector to facilitate domestic resource mobilization in fragile and transition states, the project specifically targets the Central African Republic, Chad, the Democratic Republic of Congo, Mozambique, Sierra Leone, and Zimbabwe. Natural resource sectors covered under GONAT include oil, gas, minerals, forestry, fisheries, and wildlife.

    About the African Development Bank Group:
    The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

    MIL OSI Africa

  • MIL-OSI Global: African finance ministers shouldn’t be making bond deals: how to hand over the job to experts

    Source: The Conversation – Africa – By Misheck Mutize, Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town

    Eurobonds, debts owed in a foreign currency, have become a quick and attractive way for African countries to borrow money. They are behind a sharp rise in commercial borrowing as a percentage of total external debt: it has nearly doubled from 27% in 2011 to 52% in 2020. This has increased the debt vulnerability of most African countries.

    Recent developments, however, show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relative to their sovereign risks.

    Based on my bond price modelling expertise, it is my view that there are two major drivers of the mispricing of African government bonds. They are interlinked.

    Firstly, a lack of expertise in debt management offices, whose job it is to negotiate the terms of any debt deals and to oversee their execution. This is a topic I explored in a recent article.




    Read more:
    African countries are bad at issuing bonds, so debt costs more than it should: what needs to change


    The second factor, which I address here, is that in many African countries, finance ministers have assumed primary responsibility for Eurobond issuance. They engage directly with investment bankers, legal advisors and credit rating agencies.

    In my view they shouldn’t.

    Finance ministers should stay away from debt negotiations because they are political appointees. They operate under incentives tied to electoral cycles, not fiscal sustainability. Their short tenures and desire to fund visible projects often conflict with the long-term nature of sovereign debt obligations.

    They don’t have the necessary expertise to handle the technical complexity required to get the best possible deal, either.

    Simply calling for ministers to step aside would ignore the institutional realities in most African countries. In particular, debt management offices have severe capacity constraints.

    Nevertheless, as global financial conditions tighten and African countries seek to refinance maturing Eurobonds or issue new instruments, the risks of politicised borrowing must be minimised. Ministers should spend their energies on ensuring their debt management offices are well staffed with top quality teams. They should then leave it up to these technical staff to prepare and arrange the financing.

    This would leave room for ministers to manage any disagreements between technical staff and the banks when necessary. And to close the final deal.

    Ministers versus the experts

    Eurobond issuance involves advanced financial engineering – pricing models, investor engagement, covenant structuring and legal compliance across jurisdictions. It takes a deep understanding of capital markets.

    When debt management offices are operating at their best, they are filled with people who have this knowledge. They have a combination of financial market and public policy skills, including debt portfolio management, risk analysis and debt transaction processing.

    In discussions with debt managers at the African Sovereign Debt Conference it’s become clear to me that debt managers are sidelined in the international bond issuance negotiations. They are also sidelined in the execution process, except for administrative support.

    What happens instead is that finance ministers are usually key contacts of the investment bankers. By approaching a minister directly, investment bankers get to close their mandates faster.

    But this minimises due diligence and bypasses internal safeguards. Ministers may not pay attention to complex legal clauses under foreign jurisdictions, details of investor negotiations and fee structures. They may accept unfavourable terms, ignore sustainability assessments and obscure fiscal vulnerabilities in pursuit of political wins and quick disbursements.

    For example, in 2018, Ghana’s then finance minister was internationally lauded for financial stewardship. Ghana was the first African issuer of a longest tenure and a zero-coupon bond. A year later, the country defaulted, suggesting the bond terms weren’t great for the country. The minister nevertheless received several awards as the best and most prudent in Africa.

    There is also the issue of conflicts of interest. When the same actor – in this case the finance minister – proposes, negotiates and approves a debt instrument, the system lacks accountability.

    In many African countries, parliaments, audit institutions and civil society have limited understanding about the technical details of bond agreements. Ministers can easily sideline procurement rules and transparency mechanisms, resulting in non-competitive contracts and opaque fees paid to underwriters and advisors.

    Investment bankers prefer this arrangement as it works in their favour.

    Reforms that are needed

    Before finance ministers can hand over control, debt management offices must be equipped. This requires targeted reforms, including:

    • Capacity building through strategic partnerships: African debt management offices should work with international issuing syndicates and development partners to gain first-hand exposure to structuring, pricing and marketing global bonds.

    • Human capital reforms: Governments must attract and retain highly skilled debt managers by offering competitive pay, professional development opportunities and protection from political interference.

    • Debt management offices must be staffed by dedicated quantitative analysts. They must also be equipped to use real-time market intelligence systems and formal investor relations programmes.

    • Gradual delegation: Authority can be shifted, starting with less complex debt instruments.

    The role of the finance minister must evolve. Ministers should provide strategic leadership: approving borrowing strategies, ensuring alignment with macroeconomic goals, and engaging parliament and the public.

    Their function should shift from operational to institutional oversight and accountability.

    Structural reforms must embed the capacity, autonomy and transparency required for debt management offices to lead effectively.

    In South Africa, for example, the assets and liabilities management division of the National Treasury department manages government’s annual funding programme.

    Professionalising the debt issuance process is not just about avoiding technical mistakes. It’s also about creating resilient institutions that can withstand political turnover. That fosters credibility and long-term access to capital.

    Ministers should remain accountable to the public, and debt management offices must do their work based on technical merit.

    Misheck Mutize is affiliated with the African Union – African Peer Review Mechanism as a Lead Expert on credit ratings

    ref. African finance ministers shouldn’t be making bond deals: how to hand over the job to experts – https://theconversation.com/african-finance-ministers-shouldnt-be-making-bond-deals-how-to-hand-over-the-job-to-experts-259017

    MIL OSI – Global Reports

  • MIL-OSI Global: African finance ministers shouldn’t be making bond deals: how to hand over the job to experts

    Source: The Conversation – Africa – By Misheck Mutize, Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town

    Eurobonds, debts owed in a foreign currency, have become a quick and attractive way for African countries to borrow money. They are behind a sharp rise in commercial borrowing as a percentage of total external debt: it has nearly doubled from 27% in 2011 to 52% in 2020. This has increased the debt vulnerability of most African countries.

    Recent developments, however, show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relative to their sovereign risks.

    Based on my bond price modelling expertise, it is my view that there are two major drivers of the mispricing of African government bonds. They are interlinked.

    Firstly, a lack of expertise in debt management offices, whose job it is to negotiate the terms of any debt deals and to oversee their execution. This is a topic I explored in a recent article.




    Read more:
    African countries are bad at issuing bonds, so debt costs more than it should: what needs to change


    The second factor, which I address here, is that in many African countries, finance ministers have assumed primary responsibility for Eurobond issuance. They engage directly with investment bankers, legal advisors and credit rating agencies.

    In my view they shouldn’t.

    Finance ministers should stay away from debt negotiations because they are political appointees. They operate under incentives tied to electoral cycles, not fiscal sustainability. Their short tenures and desire to fund visible projects often conflict with the long-term nature of sovereign debt obligations.

    They don’t have the necessary expertise to handle the technical complexity required to get the best possible deal, either.

    Simply calling for ministers to step aside would ignore the institutional realities in most African countries. In particular, debt management offices have severe capacity constraints.

    Nevertheless, as global financial conditions tighten and African countries seek to refinance maturing Eurobonds or issue new instruments, the risks of politicised borrowing must be minimised. Ministers should spend their energies on ensuring their debt management offices are well staffed with top quality teams. They should then leave it up to these technical staff to prepare and arrange the financing.

    This would leave room for ministers to manage any disagreements between technical staff and the banks when necessary. And to close the final deal.

    Ministers versus the experts

    Eurobond issuance involves advanced financial engineering – pricing models, investor engagement, covenant structuring and legal compliance across jurisdictions. It takes a deep understanding of capital markets.

    When debt management offices are operating at their best, they are filled with people who have this knowledge. They have a combination of financial market and public policy skills, including debt portfolio management, risk analysis and debt transaction processing.

    In discussions with debt managers at the African Sovereign Debt Conference it’s become clear to me that debt managers are sidelined in the international bond issuance negotiations. They are also sidelined in the execution process, except for administrative support.

    What happens instead is that finance ministers are usually key contacts of the investment bankers. By approaching a minister directly, investment bankers get to close their mandates faster.

    But this minimises due diligence and bypasses internal safeguards. Ministers may not pay attention to complex legal clauses under foreign jurisdictions, details of investor negotiations and fee structures. They may accept unfavourable terms, ignore sustainability assessments and obscure fiscal vulnerabilities in pursuit of political wins and quick disbursements.

    For example, in 2018, Ghana’s then finance minister was internationally lauded for financial stewardship. Ghana was the first African issuer of a longest tenure and a zero-coupon bond. A year later, the country defaulted, suggesting the bond terms weren’t great for the country. The minister nevertheless received several awards as the best and most prudent in Africa.

    There is also the issue of conflicts of interest. When the same actor – in this case the finance minister – proposes, negotiates and approves a debt instrument, the system lacks accountability.

    In many African countries, parliaments, audit institutions and civil society have limited understanding about the technical details of bond agreements. Ministers can easily sideline procurement rules and transparency mechanisms, resulting in non-competitive contracts and opaque fees paid to underwriters and advisors.

    Investment bankers prefer this arrangement as it works in their favour.

    Reforms that are needed

    Before finance ministers can hand over control, debt management offices must be equipped. This requires targeted reforms, including:

    • Capacity building through strategic partnerships: African debt management offices should work with international issuing syndicates and development partners to gain first-hand exposure to structuring, pricing and marketing global bonds.

    • Human capital reforms: Governments must attract and retain highly skilled debt managers by offering competitive pay, professional development opportunities and protection from political interference.

    • Debt management offices must be staffed by dedicated quantitative analysts. They must also be equipped to use real-time market intelligence systems and formal investor relations programmes.

    • Gradual delegation: Authority can be shifted, starting with less complex debt instruments.

    The role of the finance minister must evolve. Ministers should provide strategic leadership: approving borrowing strategies, ensuring alignment with macroeconomic goals, and engaging parliament and the public.

    Their function should shift from operational to institutional oversight and accountability.

    Structural reforms must embed the capacity, autonomy and transparency required for debt management offices to lead effectively.

    In South Africa, for example, the assets and liabilities management division of the National Treasury department manages government’s annual funding programme.

    Professionalising the debt issuance process is not just about avoiding technical mistakes. It’s also about creating resilient institutions that can withstand political turnover. That fosters credibility and long-term access to capital.

    Ministers should remain accountable to the public, and debt management offices must do their work based on technical merit.

    Misheck Mutize is affiliated with the African Union – African Peer Review Mechanism as a Lead Expert on credit ratings

    ref. African finance ministers shouldn’t be making bond deals: how to hand over the job to experts – https://theconversation.com/african-finance-ministers-shouldnt-be-making-bond-deals-how-to-hand-over-the-job-to-experts-259017

    MIL OSI – Global Reports

  • MIL-OSI: BYDFi MoonX Launches Global KOL Recruitment to Accelerate the On-Chain Trading Ecosystems

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, June 23, 2025 (GLOBE NEWSWIRE) — MoonX, the on-chain MemeCoin trading tool developed by leading crypto exchange BYDFi, today officially launched its Global KOL Recruitment Program. This initiative invites content creators, community leaders, and MemeCoin-savvy influencers to join MoonX as partners in shaping the next phase of Web3 trading.

    Ambassador Program: Growth & Rewards

    MoonX’s Global KOL Recruitment Program offers meme-savvy influencers the opportunity to collaborate with one of Web3’s fastest-growing trading tools. Participants gain access to exclusive creator incentives, including monthly content rewards, support for hosting online events with token prizes, and opportunities to represent MoonX at global industry conferences. Top performers may be invited to join long-term ambassador roles with revenue-sharing or token-based incentives. MoonX also regularly recognizes outstanding creators with additional rewards based on creativity and community impact.

    This program is designed for creators who want to expand their presence in Web3, build professional ties with an emerging DEX-native product, and help shape the next phase of decentralized MemeCoin trading.

    For more details about the program: https://www.bydfi.com/en/activities/detail?id=1142427593824681985

    How Creators Support MoonX’s Mission

    MoonX isn’t just looking for promoters—it’s inviting partners. The campaign welcomes creators who are excited to educate, engage, and empower the MemeCoin trading community. Whether it’s publishing explainers, hosting AMAs, sharing analysis, or spotlighting hidden gems, selected KOLs are expected to help new users discover and navigate MoonX’s advanced trading tools. The goal is to drive community-led growth that brings visibility and credibility to the dynamic landscape of MemeCoin trading.

    MoonX Feature Updates

    To better serve its active trading community, MoonX has recently introduced two advanced features:

    • Bubble Map: A dynamic visual interface that maps trending MemeCoins using real-time data on volume and price action. Tokens appear as bubbles sized and colored by momentum indicators, helping traders quickly identify capital flows and spot breakout assets.
    • Telegram Signal Bot: A multilingual alert system that pushes timely updates on-chain signals, major wallet movements, and new token activity. Users can choose between high-frequency and low-frequency modes to match their trading pace and information needs.

    These new tools provide traders with a quicker and more precise read on the MemeCoin market, enabling them to act with confidence as opportunities emerge. MoonX will continue to add features to help users stay ahead in the fast-paced on-chain arena.

    How MoonX Powers BYDFi’s On-Chain Vision

    MoonX is a critical part of BYDFi’s CEX + DEX dual-engine model. While BYDFi delivers speed and stability through centralized infrastructure, MoonX enhances user access to decentralized trading by offering improved visibility, live trading intelligence, and early discovery of market trends. By analyzing on-chain activity and surfacing token movements directly from DEX liquidity pools, MoonX equips traders with the tools to move faster and respond with clarity and precision.

    As crypto trading matures, the fusion of CEX performance and DEX transparency is no longer optional—it’s essential. We believe the real innovation lies in combining the speed and liquidity of centralized platforms with the transparency and security of on-chain systems, said Michael, Co-founder & CEO of BYDFi. MoonX is built on that principle, helping traders navigate the decentralized market with sharper tools and faster execution.

    With the launch of its KOL recruitment and feature expansion, MoonX is reinforcing its mission: to be the go-to trading tool for MemeCoin hunters, while powering a broader movement toward smarter, community-driven crypto trading.

    About BYDFi

    Founded in 2020, BYDFi now serves a community of 1,000,000+ users across more than 190 countries and regions. Recognized by Forbes as one of the Best Crypto Exchanges & Apps for Beginners of 2025, BYDFi offers a full range of trading services—from spot and perpetual contracts to copy trading, automated bots, and on-chain tools—empowering both new and seasoned traders to explore the digital asset space with confidence.

    BYDFi is committed to providing a world-class crypto trading experience for every user.

    BUIDL Your Dream Finance.

    • Website: https://www.bydfi.com
    • Support email: cs@bydfi.com
    • Business partnerships: bd@bydfi.com
    • Media inquiries: media@bydfi.com

    Twitter( X ) | LinkedIn | Telegram | YouTube | How to Buy on BYDFi

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/28be3023-908e-45ca-8a07-3f630d49d803

    The MIL Network

  • MIL-OSI Africa: African finance ministers shouldn’t be making bond deals: how to hand over the job to experts

    Source: The Conversation – Africa – By Misheck Mutize, Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town

    Eurobonds, debts owed in a foreign currency, have become a quick and attractive way for African countries to borrow money. They are behind a sharp rise in commercial borrowing as a percentage of total external debt: it has nearly doubled from 27% in 2011 to 52% in 2020. This has increased the debt vulnerability of most African countries.

    Recent developments, however, show that most of the bonds have not been structured properly. As a result, African countries are paying way over the odds relative to their sovereign risks.

    Based on my bond price modelling expertise, it is my view that there are two major drivers of the mispricing of African government bonds. They are interlinked.

    Firstly, a lack of expertise in debt management offices, whose job it is to negotiate the terms of any debt deals and to oversee their execution. This is a topic I explored in a recent article.


    Read more: African countries are bad at issuing bonds, so debt costs more than it should: what needs to change


    The second factor, which I address here, is that in many African countries, finance ministers have assumed primary responsibility for Eurobond issuance. They engage directly with investment bankers, legal advisors and credit rating agencies.

    In my view they shouldn’t.

    Finance ministers should stay away from debt negotiations because they are political appointees. They operate under incentives tied to electoral cycles, not fiscal sustainability. Their short tenures and desire to fund visible projects often conflict with the long-term nature of sovereign debt obligations.

    They don’t have the necessary expertise to handle the technical complexity required to get the best possible deal, either.

    Simply calling for ministers to step aside would ignore the institutional realities in most African countries. In particular, debt management offices have severe capacity constraints.

    Nevertheless, as global financial conditions tighten and African countries seek to refinance maturing Eurobonds or issue new instruments, the risks of politicised borrowing must be minimised. Ministers should spend their energies on ensuring their debt management offices are well staffed with top quality teams. They should then leave it up to these technical staff to prepare and arrange the financing.

    This would leave room for ministers to manage any disagreements between technical staff and the banks when necessary. And to close the final deal.

    Ministers versus the experts

    Eurobond issuance involves advanced financial engineering – pricing models, investor engagement, covenant structuring and legal compliance across jurisdictions. It takes a deep understanding of capital markets.

    When debt management offices are operating at their best, they are filled with people who have this knowledge. They have a combination of financial market and public policy skills, including debt portfolio management, risk analysis and debt transaction processing.

    In discussions with debt managers at the African Sovereign Debt Conference it’s become clear to me that debt managers are sidelined in the international bond issuance negotiations. They are also sidelined in the execution process, except for administrative support.

    What happens instead is that finance ministers are usually key contacts of the investment bankers. By approaching a minister directly, investment bankers get to close their mandates faster.

    But this minimises due diligence and bypasses internal safeguards. Ministers may not pay attention to complex legal clauses under foreign jurisdictions, details of investor negotiations and fee structures. They may accept unfavourable terms, ignore sustainability assessments and obscure fiscal vulnerabilities in pursuit of political wins and quick disbursements.

    For example, in 2018, Ghana’s then finance minister was internationally lauded for financial stewardship. Ghana was the first African issuer of a longest tenure and a zero-coupon bond. A year later, the country defaulted, suggesting the bond terms weren’t great for the country. The minister nevertheless received several awards as the best and most prudent in Africa.

    There is also the issue of conflicts of interest. When the same actor – in this case the finance minister – proposes, negotiates and approves a debt instrument, the system lacks accountability.

    In many African countries, parliaments, audit institutions and civil society have limited understanding about the technical details of bond agreements. Ministers can easily sideline procurement rules and transparency mechanisms, resulting in non-competitive contracts and opaque fees paid to underwriters and advisors.

    Investment bankers prefer this arrangement as it works in their favour.

    Reforms that are needed

    Before finance ministers can hand over control, debt management offices must be equipped. This requires targeted reforms, including:

    • Capacity building through strategic partnerships: African debt management offices should work with international issuing syndicates and development partners to gain first-hand exposure to structuring, pricing and marketing global bonds.

    • Human capital reforms: Governments must attract and retain highly skilled debt managers by offering competitive pay, professional development opportunities and protection from political interference.

    • Debt management offices must be staffed by dedicated quantitative analysts. They must also be equipped to use real-time market intelligence systems and formal investor relations programmes.

    • Gradual delegation: Authority can be shifted, starting with less complex debt instruments.

    The role of the finance minister must evolve. Ministers should provide strategic leadership: approving borrowing strategies, ensuring alignment with macroeconomic goals, and engaging parliament and the public.

    Their function should shift from operational to institutional oversight and accountability.

    Structural reforms must embed the capacity, autonomy and transparency required for debt management offices to lead effectively.

    In South Africa, for example, the assets and liabilities management division of the National Treasury department manages government’s annual funding programme.

    Professionalising the debt issuance process is not just about avoiding technical mistakes. It’s also about creating resilient institutions that can withstand political turnover. That fosters credibility and long-term access to capital.

    Ministers should remain accountable to the public, and debt management offices must do their work based on technical merit.

    – African finance ministers shouldn’t be making bond deals: how to hand over the job to experts
    – https://theconversation.com/african-finance-ministers-shouldnt-be-making-bond-deals-how-to-hand-over-the-job-to-experts-259017

    MIL OSI Africa

  • MIL-OSI Russia: Premier of the State Council of the People’s Republic of China to attend Summer Davos 2025

    Translation. Region: Russian Federal

    Source: People’s Republic of China in Russian – People’s Republic of China in Russian –

    Source: People’s Republic of China – State Council News

    BEIJING, June 23 (Xinhua) — Chinese Premier Li Qiang will attend the 16th annual meeting of emerging world leaders of the World Economic Forum (WEF), also known as “Summer Davos”, in north China’s Tianjin from June 24 to 25, Foreign Ministry spokesman Guo Jiakun said Monday.

    Li Qiang will attend the opening ceremony of the meeting and deliver a special speech there, as well as meet with foreign guests and talk with representatives of foreign business circles, the Chinese diplomat added.

    According to him, the event will be attended by the President of Ecuador Daniel Noboa, the Prime Minister of Singapore Lawrence Wong, the Chairman of the Cabinet of Ministers of Kyrgyzstan Adylbek Kasymaliev, the Prime Minister of Senegal Ousmane Sonko and the Prime Minister of Vietnam Pham Minh Trinh.

    More than 1,700 representatives from political, business, academic and media circles from over 90 countries and regions will also attend the meeting, Guo Jiakun concluded. -0-

    MIL OSI Russia News

  • MIL-OSI Africa: Call for nominations of board members of SAIDS

    Source: South Africa News Agency

    The Minister of Sport, Arts and Culture, Gayton Mckenzie, has called for nominations for independent, suitably qualified persons with knowledge of anti-doping in sport for appointment as board members of the South African Institute for Drug-free Sport (SAIDS).

    Nominees should be in possession of a relevant degree or equivalent qualifications and more than five years of professional experience in any of the following fields: law, sports medicine, sport management, sport science or law enforcement.

    Nominees should also demonstrate knowledge of corporate governance and familiarity with the King IV and the Public Finance Management Act (PFMA); understand policy implementation; familiarity with anti-doping issues and trends; strong ethical values and principles and professional respect and recognition by peers in their occupational field.

    The Department of Sport, Arts and Culture has encouraged applications from women, youth, and persons with disabilities in line with the government’s commitment to promoting diversity and inclusion.

    “The term of office for the Board is for a period of five years, commencing from the date of appointment in 2025 until 2030. The remuneration will be made in accordance with Treasury guidelines for public entities,” the department said on Monday.

    Anyone wishing to nominate persons to serve as members of South African Institute for Drug-Free Sport should submit the following:

    • A letter containing full names, address and telephone numbers of the nominee, giving reasons for nomination;
    • Recently updated Curriculum Vitae of the nominee, including three contactable references;
    • A brief statement signed by the nominee explaining his/her suitability for appointment.
    • Copies of qualifications and ID document.

    Nominations are to reach the Acting Director-General of the Department of Sport, Arts and Culture by closing date of 6 July 2025 via e-mail to: BoardNominations.SAIDS@dsac.gov.za.

    No nomination will be considered unless all the above are included. Correspondence will only be entered into with shortlisted candidates.

    If you have not been contacted withing three months of the closing date of this advertisement, please accept that your application was unsuccessful.

    Enquiries can be directed to Mr Kgaogelo Phasha on 066 301 4653 or via email at Kgaogelop@dsac.gov.za.

    Further information can be obtained from the SA Institute for Drug-Free Sport’s website www.drugfreesport.org.za. – SAnews.gov.za

    MIL OSI Africa

  • MIL-OSI United Nations: Human Right Committee Opens One Hundred and Forty-Fourth Session

    Source: United Nations – Geneva

    The Human Right Committee this morning opened its one hundred and forty-fourth session, during which it will examine the reports of Guinea-Bissau, Haiti, Kazakhstan, Latvia, North Macedonia, Spain and Viet Nam on their implementation of the provisions of the International Covenant on Civil and Political Rights.

    In her opening remarks, Sara Hamood, Chief of the Anti-Racial Discrimination Section within the Rule of Law, Equality and Non-Discrimination Branch of the Thematic Engagement, Special Procedures and Right to Development Division, Office of the United Nations High Commissioner for Human Rights, and Representative of the Secretary-General, said this session was taking place in extremely challenging times for human rights globally. 

    Quoting the High Commissioner for Human Rights’ opening remarks at the current Human Rights Council session, she expressed concern about “spiralling conflicts”, “social tensions”, “widespread discrimination” and “attacks on the international institutions that underpin our rights, including the International Criminal Court”, as well as about funding cuts affecting the Office of the High Commissioner, the human rights mechanisms, and civil society partners.  The High Commissioner appealed for the strongest possible defence of international law and human rights, emphasising that human rights provided stability and security in troubled times and that they were guardrails on power, especially when it was unleashed in its most brutal forms.

    On 17 June, the High Commissioner presented to the Council his annual report (A/HRC/59/20), in which he stressed that the “global consensus around international norms and institutions continues to face serious threats”.  He stated that “in this troubled and turbulent context, a global coalition is needed to demonstrate an unequivocal commitment, anchored in human rights, to international order and the rule of law.”

    Last week, the Council also held interactive dialogues with Special Procedures.  The Special Rapporteur on freedom of peaceful assembly and association presented her report on the “impact of the 2023-2025 ‘super election’ cycle on the rights of peaceful assembly and association” (A/HRC59/44).  The Special Rapporteur on freedom of opinion and expression presented her report on “freedom of expression and elections in the digital age” (A/HRC/59/50). 

    Ms. Hamood said this year marked the sixtieth anniversary of the adoption of the International Convention on the Elimination of All Forms of Racial Discrimination, the first international human rights treaty adopted by the General Assembly on 21 December 1965. This year’s commemoration of the International Day for the Elimination of Racial Discrimination was dedicated to this important anniversary.  There needed to be a renewed commitment to the Convention, stronger implementation, and inclusive dialogue to advance racial justice.  A series of global events were being held to mark the occasion, including commemorations in New York and Geneva.  As part of this initiative, the Committee on the Elimination of Racial Discrimination would host a commemorative event on 4 December.

    While recent years had seen growing momentum for racial justice, a rollback on racial justice commitments was now being seen in some contexts, Ms. Hamood said.  Despite significant progress, the International Convention on the Elimination of All Forms of Racial Discrimination’s promise remained unfulfilled for many.  Racism and white supremacy continued to poison communities, politics, media and online platforms.  Racism was manifested in many ways, including through violations of civil and political rights.  The Human Rights Committee needed to continue its important contribution to the fight against racism; the work of the anti-racism mechanisms would prove helpful in this regard.

    Addressing the financial crisis in the human rights system, Ms. Hamood said that for treaty bodies with three annual sessions, including the Human Rights Committee, the Office of the High Commissioner would not be able to secure the funding to hold their third sessions this year.  The Office received only 73 per cent of its approved regular budget in 2025, a further decrease from the 87 per cent of its approved regular budget received in 2024.  As most of these funds were needed to cover contractual liabilities, particularly staff costs, the amount available for meetings and activities was simply inadequate. Next year also risked seeing a continuation of this trend.

    The liquidity situation was a system-wide crisis.  The United Nations Office at Geneva’s Conference Services had also faced dramatic cuts, leading it to adopt cash conservative measures that would impact the conference support provided to the human rights treaty bodies, particularly in terms of documentation, meeting time and interpretation.  It was called on to reduce official meetings and documentation by 10 per cent.

    Ms. Hamood said reductions of the allotments would impact the treaty bodies’ ability to hold dialogues with States parties and to take decisions on individual communications, resulting in further delays and backlogs.  Another area where cuts were being made was in treaty body capacity building activities, which provided valuable support for States to report to and interact with the treaty bodies.  All this caused real damage to the predictability of the reporting cycle, which was critically important to enable States, civil society organizations and right holders to engage effectively with the treaty bodies.  Ms. Hamood expressed regret that, given the overall reduction in funds and availability of support services, business as usual was no longer possible.

    She reported that the thirty-seventh annual meeting of the Chairs of the human rights treaty bodies took place in Geneva from 2 to 6 June 2025.  An overarching theme addressed in considerable depth was the United Nations liquidity crisis and how it was impacting the effective discharge of the mandates of the treaty bodies.  The Chairs also discussed how to create synergies between human rights mechanisms as well as regional mechanisms, the progress made on the alignment of their working methods and practices, and the implementation of the guidelines on the independence and impartiality of members of the human rights treaty bodies.

    Ms. Hamood said the Committee had a busy agenda ahead of it, including seven State party reviews, the consideration and adoption of 10 lists of issues prior to reporting, as well as several individual communications under the Optional Protocol.  It would also hold briefings with various stakeholders, each of which was a vital opportunity to stem the local but also global assault on human rights and their defenders.  She closed by wishing the Committee a successful and productive session.

    Changrok Soh, Committee Chair, said the Committee was particularly interested in the commemoration of the sixtieth anniversary of the Convention against Racial Discrimination.  Racial discrimination was an issue often dealt with by the Committee, as it often manifested itself in violations of civil and political rights.  The Committee would continue to scrutinise the state of racial discrimination under its mandated activities.  The Committee took inspiration from Ms. Hamood’s statement, as next year would mark the sixtieth anniversary of the adoption of the Covenant, Mr. Soh noted.

    The Committee then adopted its agenda and programme of work for the session.

    Hélène Tigroudja, Committee Vice Chair and Chair of the working group on communications, presented the report on the group’s activities for the one hundred and fortieth session. She said that the format of the group’s work had been adjusted, with three days dedicated to discussions on communications prior to the session.  These were not enough to assess all the communications before the Committee. However, the working group had done tremendous work in a spirit of solidarity.

    Ms. Tigroudja said that, of the 21 documents submitted for consideration, it discussed 18 and adopted 16. The Committee had continued to append in a single document communications submitted against the same State party and concerning the same claims.  This enabled the group to review a total of 26 communications, covering, inter alia, participation in public affairs, the right to self-determination, freedom of expression in political and electoral processes, political representation of indigenous peoples, racial discrimination, arbitrary detention, torture and ill-treatment in detention, and non-refoulement.  The communications examined were submitted between 2015 and 2023 and concerned 13 States parties covering different continents and regions.

    Following its discussions, and pending the finalisation of its work this week, the working group submitted to the plenary 10 communications with a finding of inadmissibility and six communications with a finding of violation of the rights of the Covenant, Ms. Tigroudja reported.  Five communications were still to be examined this week.  She thanked all those who had worked hard to facilitate the holding of the condensed working group, including the petitions unit, which prepared draft decisions.

    Preparation of draft decisions in advance of plenary meetings was an absolute necessity, and one of the fundamental tasks entrusted to the Committee by States through the Optional Protocol, Ms. Tigroudja said.  Individual communications were an important part of the Committee’s raison d’être. A session without draft decisions previously discussed, reviewed and finalised in working groups and in person would lead to a decrease in the quality and effectiveness of the Committee’s work, and moreover a denial of justice for victims seeking to denounce violations of their rights, she concluded.

    A Committee Expert thanked the working group for its work, and expressed concern about the financial situation, which impeded the holding of pre-sessional working groups, and had caused the cancellation of the third session of the Committee.  She thanked all Committee members for their efforts to maintain the Committee’s work in these difficult circumstances.

    The working group’s report was adopted.

    The Human Rights Committee’s one hundred and forty-fourth session is being held from 23 June to 17 July 2025.  All the documents relating to the Committee’s work, including reports submitted by States parties, can be found on the session’s webpage.  Meeting summary releases can be found here.  The webcast of the Committee’s public meetings can be accessed via the UN Web TV webpage.

    The Committee will next meet in public at 3 p.m. on Tuesday, 24 June, to begin its consideration of the third periodic report of Kazakhstan (CCPR/C/KAZ/3).

    ___________

    Produced by the United Nations Information Service in Geneva for use of the media; 
    not an official record. English and French versions of our releases are different as they are the product of two separate coverage teams that work independently.

     

     

    CCPR25.009E

    MIL OSI United Nations News

  • MIL-OSI: FLNG Gimi reaches Commercial Operations Date and Golar progresses FLNG growth

    Source: GlobeNewswire (MIL-OSI)

    Golar LNG Limited (“Golar”) is pleased to announce that FLNG Gimi has reached the Commercial Operations Date (“COD”) for its 20-year Lease and Operate Agreement for the Greater Tortue Ahmeyim (“GTA”) project offshore Mauritania and Senegal. The COD triggers the start of the 20-year Lease and Operate Agreement that unlocks the equivalent of around $3 billion of Adjusted EBITDA backlog (Golar’s share).

    The COD milestone marks a major achievement for one of Africa’s deepest offshore developments which introduce Mauritania and Senegal as LNG exporters. We look forward to continuing working together with the GTA operator bp and its partners Kosmos, PETROSEN and SMH as well as Mauritanian and Senegalese authorities to deliver safe and reliable operations and to create value to all stakeholders.

    Following the achieved COD of FLNG Gimi and announcement of the two FLNG charters in Argentina on May 2, 2025, Golar is accelerating work on its next FLNG unit(s). We continue to advance commercial discussions, with charterer demand guiding design choice of the fourth FLNG unit. In addition to the 3.5mtpa MKII option at CIMC Raffles shipyard, Golar has signed a final engineering study to confirm EPC price and delivery for a 5mtpa MKIII FLNG and is updating price and schedule for an up to 2.7mtpa MKI FLNG.

    FORWARD LOOKING STATEMENTS
    This press release contains forward-looking statements (as defined in Section 21E of the Securities Exchange Act of 1934, as amended) which reflect management’s current expectations, estimates and projections about its operations. All statements, other than statements of historical facts, that address activities and events that will, should, could or may occur in the future are forward-looking statements. Words such as “may,” “could,” “should,” “would,” “expect,” “plan,” “anticipate,” “intend,” “forecast,” “believe,” “estimate,” “predict,” “propose,” “potential,” “continue,” “subject to” or the negative of these terms and similar expressions are intended to identify such forward-looking statements.

    These statements are not guarantees of future performance and are subject to certain risks, uncertainties and other factors, some of which are beyond our control and are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Golar LNG Limited undertakes no obligation to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, unless required by applicable law.

    Hamilton, Bermuda
    June 23, 2025

    Investor Questions: +44 207 063 7900
    Karl Fredrik Staubo – CEO
    Eduardo Maranhão – CFO
    Stuart Buchanan – Head of Investor Relations

    This information is subject to the disclosure requirements pursuant to Section 5-12 the Norwegian Securities Trading Act

    The MIL Network

  • MIL-OSI Africa: Minister welcomes launch of Kgodumodumo Dinosaur Interpretation Centre 

    Source: South Africa News Agency

    Minister welcomes launch of Kgodumodumo Dinosaur Interpretation Centre 

    The Minister of Forestry, Fisheries and the Environment, Dr Dion George, has hailed the newly launched Kgodumodumo Dinosaur Interpretation Centre as a powerful tool for environmental education.

    The world-class facility merges science, culture, and conservation to celebrate South Africa’s rich prehistoric heritage.

    Visitors at the centre can explore the earth’s ancient history while being inspired to protect its future, the Minister said at the centre’s launch on Sunday.

    It is located at the Golden Gate Highlands National Park in the Free State province.

    “This centre is not just a building. It’s a living window into our prehistoric past, and a powerful tool for education, inclusion and inspiration. For decades, the sandstone rock formations of this region have attracted palaeontologists from around the world. But one discovery, right here in this park, changed everything.

    “From that moment, the vision began to grow. And today, that vision stands before us in the form of a world-class facility that will open a window to the past while speaking powerfully to the present,” the Minister said.

    Inside the centre, visitors will journey through time, exploring South Africa’s rich fossil record, learning about earth’s evolutionary history, and understanding the fragile balance of biodiversity that must be protected.

    “And in uniquely local touch, the exhibition ends with the legend of Kgodumodumo, the Basotho monster believed by cattle herders to have left giant footprints across the land. It’s a beautiful reminder that science and folklore both hold space in our shared understanding of the world.

    “This project reflects the department’s deep commitment to environmental education and community-rooted conservation. It will serve as a source of pride for surrounding communities, a space o learning for schools and researchers, and a place of wonder for future generations,” the Minister explained.

    The Department of Tourism launched the centre in partnership with the Department of Forestry, Fisheries and the Environment. Speaking at Sunday’s launch, Tourism Minister Patricia de Lille said that government is diversifying the country’s tourism attractions in order to grow tourism.

    READ | Kgodumodumo Dinosaur Interpretation Centre set to grow tourism

    The two departments recently signed a Memorandum of Understanding (MoU) to develop the centre to boost tourism in the Free State.

    The centre will offer visitors an innovative, creative and quality demonstration of scientific knowledge (paleontological, archaeological and geological) with a broader appreciation of cultural heritage through interactive exhibitions.

    The centre is managed by the South African National Parks (SANParks), and it is envisaged that the facility will increase the bed occupancy and more activities for visitors to the park.
    -SAnews.gov.za

    nosihle

    MIL OSI Africa

  • MIL-OSI Africa: Man sentenced to six years for fraudulently issuing a vehicle roadworthy certificate

    Source: South Africa News Agency

    Man sentenced to six years for fraudulently issuing a vehicle roadworthy certificate

    The Road Traffic Management Corporation (RTMC) has welcomed the sentencing of a vehicle testing official from a private testing station who was found guilty of fraudulently issuing a vehicle roadworthy certificate.

    Kabelo Chilenge was sentenced in the Polokwane Magistrate’s Court to six years direct imprisonment for fraudulently issuing a vehicle roadworthy certificate for a vehicle that he did not physically examine.

    The certificate was issued at Quick Test vehicle testing station in Modimolle, Limpopo, in April 2022, while the vehicle in question was in a police pound at the time.

    “Although no evidence was led to prove that Chilenge benefitted personally from the illicit transaction, the court drew inference that such conduct could not be executed without gratification.

    “The court said the accused earned a salary and there was no need for him to commit such an offence. It considered that unroadworthy vehicles cause accidents when allowed to operate on the roads,” the RTMC said on Friday.

    The RTMC said the sentence was appropriate and served as a deterrent to others who are involved in such unlawful activities.

    Members of the public have encouraged to report fraud and corruption via email: ntacu@rtmc.co.za or WhatsApp to 083 293 7989. – SAnews.gov.za

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    MIL OSI Africa

  • MIL-OSI Africa: Minister reaffirms SA’s position of former Zambian President’s burial

    Source: South Africa News Agency

    Minister reaffirms SA’s position of former Zambian President’s burial

    While a state funeral would be an appropriate tribute to the legacy of the late former Zambian President Edgar Lungu, South Africa has acknowledged the legal obligation to respect the wishes expressed by the former President’s immediate family for him to be laid to rest in South Africa. 

    “In reaffirming the South African government’s position, Minister [Ronald] Lamola emphasised that a state burial in Zambia represents the most fitting tribute to honour Former President Lungu’s distinguished legacy and service to the Zambian nation,” the Ministry of International Relations and Cooperation said in a statement on Monday.   

    However, at the same time, the Minister acknowledged the legal obligation to respect the wishes expressed by the late former President’s immediate family for him to be laid to rest in South Africa. 

    Last week, the family of the late former President announced that he would be buried in a private ceremony in South Africa, following a dispute with the Zambian government regarding plans for a state funeral. 

    Former President Lungu passed away on 5 June 2025, in a local hospital in South Africa, after undergoing medical treatment. 

    READ | Condolences following the passing of former President of Zambia 

    In the meantime, Minister Lamola has stressed government’s commitment to addressing this sensitive matter with dignity, grace, and mutual respect, which are essential in honouring the memory of a respected statesman and the enduring bonds between South Africa and Zambia.

    The Minister spoke on Sunday, wrapping up a high-level diplomatic mission to Lusaka as the Presidential Special Envoy.
    Lamola was welcomed by Zambian President Hakainde Hichilema, to whom he conveyed President Ramaphosa’s heartfelt condolences on behalf of the South African government and its citizens.

    The Minister expressed solidarity with the Zambian government and people on the untimely passing of former President Lungu, assuring them of South Africa’s steadfast support during this period of national mourning.

    “The Minister extended prayers and sympathies to all affected by this loss and reiterated South Africa’s steadfast friendship with Zambia,” said the Ministry. – SAnews.gov.za

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    MIL OSI Africa