NewzIntel.com

Category: Business

  • MIL-OSI Europe: ECB launches design contest for future euro banknotes

    Source: European Central Bank

    15 July 2025

    • Designers from across Europe invited to apply, starting 15 July 2025
    • Application platform open until 18 August 2025
    • Governing Council’s decision on final design expected by end of 2026 following a public survey

    The European Central Bank (ECB) today launched a public contest for the design of future euro banknotes – the next step in the euro banknote redesign process. The ECB’s Governing Council has already selected two possible themes for the future euro banknotes after consulting experts and the public. These are: “European culture”, focusing on shared cultural spaces and important Europeans; and “Rivers and birds”, focusing on the resilience and diversity of Europe’s natural ecosystems. In January the Governing Council also selected motifs to illustrate the two possible themes.

    The design contest, which is open to graphic designers residing in the European Union, aims to identify the best design proposals for the future euro banknotes. The contest will proceed in two phases: an application phase and a design proposal phase. During the application phase, designers must meet the specific requirements listed in the contest notice. The applicants will be assessed on the basis of their qualifications and achievements.
    Selected designers will be invited to participate in the second phase and submit their design proposals. A group of independent experts – the Design Contest Jury – will evaluate the proposals and select up to five per theme.

    “The euro is more than a currency – it symbolises European unity and diversity. Through this contest, we invite designers across Europe to shape the future of our banknotes to reflect our shared cultural identity and natural heritage,” said ECB President Christine Lagarde.

    After the contest finishes, the public will be invited to provide feedback on the designs selected. The Governing Council is expected to decide on the final design by the end of 2026. The new banknotes will be ready to enter circulation some years after this decision and following the production process. For detailed information about the contest, please refer to the ECB’s website and the Official Journal of the European Union. Designers interested in participating are invited to submit their application by 12:00 CET on 18 August.

    For media queries, please contact Alessandro Speciale, tel.: +49 172 1670791, or Benoit Deeg, tel.: +49 172 1683704.

    Notes

    • It is the duty of the ECB and the euro area national central banks to ensure that euro banknotes remain an innovative, secure and efficient means of payment. Developing new series of banknotes regularly is standard practice for all central banks. In a world where banknote reproduction technologies are rapidly evolving and counterfeiters can easily access information and materials, it is necessary to issue new banknotes on a regular basis. Beyond security considerations, the ECB is committed to reducing the environmental impact of euro banknotes throughout their life cycle, while also making them more relatable and inclusive for Europeans of all ages and backgrounds, including vulnerable groups such as the visually impaired. For more information, see the Future banknotes page on the ECB’s website.
    • The theme of the current euro banknotes is “Ages and styles” and the main motifs on each banknote are windows, doorways and bridges based on architectural styles from various periods in European history. For more information, see the Design elements page on the ECB’s website.

    MIL OSI Europe News –

  • MIL-OSI Africa: Ghana: Finance Minister Inaugurates New Financial Intelligence Centre (FIC) Board

    Source: APO


    .

    The Minister for Finance, Dr. Cassiel Ato Forson, has inaugurated a seven-member Board for the Financial Intelligence Centre (FIC).

    The new Board members are:

    • Mr. Mike Kofi Afflu – Chairperson
    • Mr. Albert Kwadwo Twum Boafo – Chief Executive
    • Ms. Grace Mbrokoh-Ewoal – Ministry of Finance/Member
    • Ms. Elizabeth Ama Yankah – National Security/member
    • Dr. Kwasi Osei Yeboah – Member
    • A representative from the Ministry of the Interior (Senior Police Officer)
    • A representative from the Attorney-General’s Department

    The Board has been tasked with supporting Ghana’s fight against money laundering, terrorism financing, and other financial crimes.

    The FIC plays a crucial role in protecting Ghana’s financial system, especially as fraud and financial crimes become more sophisticated.

    Distributed by APO Group on behalf of Ministry of Finance – Republic of Ghana.

    MIL OSI Africa –

  • MIL-OSI Africa: World Bank Report Highlights Gender Dynamics and Opportunities in Botswana

    Source: APO


    .

    The World Bank has released a comprehensive report, “Trends and Opportunities to Advance Gender Equality in Botswana”, analyzing gender dynamics across life-cycle stages to guide policymakers, the civil society, and development partners on key challenges and opportunities for advancing gender equality. It reveals how structural barriers in education access, financial inclusion, and labor market participation disproportionately affect women and young Batswana and provides recommendations to address these barriers.

    “This report offers important insights to accelerate our ongoing efforts to create a more equitable Botswana. By addressing systemic barriers such as limited access to finance, skills gaps, and societal norms, we can unlock the full potential of youth, women, and men as drivers of economic growth. We are committed to fostering inclusivity while emphasizing various roles in advancing gender equality. The Government remains steadfast in promoting equal opportunities for all Batswana,” said Honourable Lesego Chombo, Minister of Youth and Gender Affairs, at the report’s launch in Gaborone.

    The report outlines five strategic priorities to address critical challenges:

    (i)       Increase women’s participation in decision-making at local and national levels and strengthen gender equality under the law.

    (ii)      Strengthen capacity for all-of-government gender mainstreaming.

    (iii)     Reduce high rates of gender-based violence (GBV) and improve access to justice and to integrated GBV survivor support services.

    (iv)     Support girls and boys to reach their full potential of human capital; and

    (v)      Close wage and productivity gender gaps in entrepreneurship and employment.

    “Women now account for 57% of university graduates, and Botswana has significantly expanded access to maternal health services, with most births taking place in health facilities. However, persistent gaps in women’s economic participation limit the country’s growth potential,” says World Bank Country Director for Botswana, Satu Kahkonen. “The World Bank will continue to support Botswana’s efforts to achieve gender equality and youth empowerment.  Ww have committed to do so globally in our Gender Strategy 2024–2030.”

    The assessment identifies gender disparities in three key areas: human capital (health, education, social protection), economic inclusion, voice and agency. Boys face higher rates of childhood stunting and lower early childhood education access, while 1 in 10 girls becomes pregnant before the age of 20, making it the leading cause of school dropout for young women. Maternal mortality, though improved, remains high at 131 deaths per 100,000 live births, and HIV continues to disproportionately affects women, with a 26% prevalence – nearly twice that of men.

    Despite educational gains, women in Botswana have lower labor force participation (63% vs 73% for men), earn less, and are concentrated in informal, vulnerable jobs. The COVID-19 pandemic worsened these disparities, with women accounting for over half of all job losses. Rural and informal women workers are especially vulnerable to climate and economic shocks, underlining the need for inclusive, resilient economic systems. Despite advancements in the legal framework for gender equality, social norms and informal barriers still limit women’s full economic inclusion. Women-are more likely to run informal businesses, have less access to finance and remain underrepresented in political leadership and traditional leadership. High rates of gender-based violence, especially among marginalized groups, are worsened by weak institutional coordination and fragmented support systems.

    The assessment was conducted in consultation with the Government of Botswana, development partners, and civil society organizations, and benefits from prior research and reports.

    Distributed by APO Group on behalf of The World Bank Group.

    MIL OSI Africa –

  • MIL-OSI Africa: Cameroon’s Economic Update: Harnessing Forests and Natural Wealth for Sustainable Growth

    Source: APO


    .

    The World Bank Group today launched the 2025 Cameroon Economic Update, titled ‘’Cameroon’s Green Gold: Unlocking the Value of Forests and Natural Capital’’. The report provides a comprehensive analysis of the nation’s recent economic developments, medium-term outlook, and the critical role of wealth accounting in assessing the country’s economic performance. The report places a special emphasis on the importance of sustainable forests and natural resources management as drivers of inclusive and resilient development.

    According to the report, Cameroon’s GDP grew by 3.5% in 2024, up from 3.2% in 2023, driven by rising cocoa prices, enhanced cotton yields, and improved power supply. Average inflation declined sharply from 7.4% to 4.5% between 2023 and 2024, thanks to tighter monetary policy, price controls, and reduced import inflation. The current account deficit narrowed from 4.1% to 3.4% of GDP%, mainly due to the cocoa price surge. However, the overall fiscal deficit widened to 1.5% of GDP, compared to 0.7% of GDP in 2023, due to a slippage in current expenditures and weaker-than-expected revenues. Public debt rose slightly from 46.1% to 46.8% of GDP, with most of this increase in the form of external debt.

    The medium-term outlook is moderately positive, with an anticipated average real GDP growth of 3.9% from 2025 to 2028, supported by improved power generation and increased public investment – particularly in the construction sector. Average inflation is expected to decline further, reaching the 3% CEMAC convergence criteria by 2027. However, the current account deficit is expected to increase at around 4.0% of GDP over the medium term, due to declining oil production and prices, mixed results from government industrial policies, and increased inputs as a result of higher public and private investment. While Cameroon’s external and overall public debt are expected to remain sustainable, the country faces a high risk of debt distress due to liquidity issues.

    “Cameroon’s economy has demonstrated resilience amidst external shocks, yet multiple structural weaknesses – particularly infrastructure gaps – impede its potential,” said Robert Utz, World Bank Lead Country Economist and one of the report’s authors. ‘’A bold fiscal reform agenda is imperative to bridge those gaps and boost economy-wide productivity.”

    The report also introduces national wealth accounting as a critical tool for policy makers to better understand Cameroon’s economic capacity to generate future income and sustain development. Although total national wealth grew from $311 billion in 1995 to $553 billion in 2020, national wealth per capita declined by 11% over the same period. Adjusted net savings (ANS) – a broader picture of a nation’s economic sustainability – was moderately negative between 2010 and 2020, suggesting that Cameroon is depleting its wealth slightly faster than it is accumulating new assets. Forest depletion accelerated dramatically after 2010, with the conversion of lowland forests for agricultural use between 2010 and 2020, five times the rate of the previous decade. At the same time, the ecological condition of Cameroon’s forests has deteriorated significantly, with satellite data showing declines in tree height, canopy cover, forest connectivity, and landscape naturalness

    “To minimize the environmental impact of growth and preserve natural wealth, Cameroon could prioritize its high-value, vulnerable ecosystems and transition to a forest-based service economy, leveraging ecotourism, medicinal services with its unique flora, and forest-based knowledge,” said Cheick F. Kanté, World Bank Division Director for Cameroon, Central African Republic, the Republic of Congo, Gabon and Equatorial Guinea.

    The report underscores that to achieve its goal of becoming an emerging economy by 2035, Cameroon must diversify beyond primary commodities. With one of Africa’s most unique ecosystems, a competitive tourism sector could become a key driver of growth and employment—leveraging natural capital that few other countries can match.

    Distributed by APO Group on behalf of The World Bank Group.

    MIL OSI Africa –

  • India’s Q1 passenger vehicle sales cross one million for second consecutive year

    Source: Government of India

    Source: Government of India (4)

    India’s passenger vehicle sales crossed the one million mark for the second consecutive April–June quarter (Q1), with exports showing strong double-digit growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.

    Passenger vehicle exports — including utility vehicles and cars — reached a record high of 2.04 lakh units in Q1 of 2025–26, marking a 13.2% rise over the same period last year.

    SIAM attributed the growth to steady demand in key overseas markets, with the Middle East and Latin America performing well, alongside a revival in neighbouring countries like Sri Lanka and Nepal. Rising demand from Japan and higher exports under free trade agreements, including with Australia, also contributed to the uptick.

    Two-wheeler exports rose to 1.14 million units, recording a robust 23.2% growth compared to Q1 last year. This was supported by recovery in neighbouring markets and continued momentum in major destinations.

    Exports of three-wheelers climbed to 0.96 lakh units, an increase of 34.4% year-on-year, while commercial vehicle exports grew by 23.4% to around 0.2 lakh units.

    Despite the positive export figures, domestic passenger vehicle sales in Q1 stood at 1.01 million units — down 1.4% compared to the same quarter last year — due to slower sales in the latter part of the quarter.

    The two-wheeler segment sold 4.67 million units, posting a 6.2% decline year-on-year, largely due to inventory corrections. However, retail registrations for two-wheelers rose by 5%, boosted by the wedding season and stable demand. The scooter segment’s share within two-wheelers also increased by 2.15% year-on-year.

    The three-wheeler category recorded its highest ever Q1 sales at 1.65 lakh units, mainly driven by strong demand in the passenger carrier segment. SIAM noted that increased economic activity and urban mobility needs supported this growth, while the cargo segment’s retail registrations continued to rise on the back of demand for intracity low-load transport and easier financing.

    Meanwhile, the commercial vehicle segment saw a marginal decline of 0.6% year-on-year to 2.23 lakh units, though passenger carriers within the category maintained positive growth, reflecting steady demand for public transport.

    Looking ahead, SIAM said the industry remains cautiously optimistic for the second quarter. The upcoming festive season, an above-normal monsoon aiding rural incomes, and the Reserve Bank of India’s recent 100-basis-point repo rate cut over six months could help lift demand for passenger vehicles and two-wheelers.

    However, SIAM cautioned that supply-side challenges persist, particularly the recent export licensing requirements imposed by China on rare earth magnets, which are critical components for vehicle manufacturing.

    — IANS

  • India’s Q1 passenger vehicle sales cross one million for second consecutive year

    Source: Government of India

    Source: Government of India (4)

    India’s passenger vehicle sales crossed the one million mark for the second consecutive April–June quarter (Q1), with exports showing strong double-digit growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.

    Passenger vehicle exports — including utility vehicles and cars — reached a record high of 2.04 lakh units in Q1 of 2025–26, marking a 13.2% rise over the same period last year.

    SIAM attributed the growth to steady demand in key overseas markets, with the Middle East and Latin America performing well, alongside a revival in neighbouring countries like Sri Lanka and Nepal. Rising demand from Japan and higher exports under free trade agreements, including with Australia, also contributed to the uptick.

    Two-wheeler exports rose to 1.14 million units, recording a robust 23.2% growth compared to Q1 last year. This was supported by recovery in neighbouring markets and continued momentum in major destinations.

    Exports of three-wheelers climbed to 0.96 lakh units, an increase of 34.4% year-on-year, while commercial vehicle exports grew by 23.4% to around 0.2 lakh units.

    Despite the positive export figures, domestic passenger vehicle sales in Q1 stood at 1.01 million units — down 1.4% compared to the same quarter last year — due to slower sales in the latter part of the quarter.

    The two-wheeler segment sold 4.67 million units, posting a 6.2% decline year-on-year, largely due to inventory corrections. However, retail registrations for two-wheelers rose by 5%, boosted by the wedding season and stable demand. The scooter segment’s share within two-wheelers also increased by 2.15% year-on-year.

    The three-wheeler category recorded its highest ever Q1 sales at 1.65 lakh units, mainly driven by strong demand in the passenger carrier segment. SIAM noted that increased economic activity and urban mobility needs supported this growth, while the cargo segment’s retail registrations continued to rise on the back of demand for intracity low-load transport and easier financing.

    Meanwhile, the commercial vehicle segment saw a marginal decline of 0.6% year-on-year to 2.23 lakh units, though passenger carriers within the category maintained positive growth, reflecting steady demand for public transport.

    Looking ahead, SIAM said the industry remains cautiously optimistic for the second quarter. The upcoming festive season, an above-normal monsoon aiding rural incomes, and the Reserve Bank of India’s recent 100-basis-point repo rate cut over six months could help lift demand for passenger vehicles and two-wheelers.

    However, SIAM cautioned that supply-side challenges persist, particularly the recent export licensing requirements imposed by China on rare earth magnets, which are critical components for vehicle manufacturing.

    — IANS

  • India’s Q1 passenger vehicle sales cross one million for second consecutive year

    Source: Government of India

    Source: Government of India (4)

    India’s passenger vehicle sales crossed the one million mark for the second consecutive April–June quarter (Q1), with exports showing strong double-digit growth, according to data released by the Society of Indian Automobile Manufacturers (SIAM) on Tuesday.

    Passenger vehicle exports — including utility vehicles and cars — reached a record high of 2.04 lakh units in Q1 of 2025–26, marking a 13.2% rise over the same period last year.

    SIAM attributed the growth to steady demand in key overseas markets, with the Middle East and Latin America performing well, alongside a revival in neighbouring countries like Sri Lanka and Nepal. Rising demand from Japan and higher exports under free trade agreements, including with Australia, also contributed to the uptick.

    Two-wheeler exports rose to 1.14 million units, recording a robust 23.2% growth compared to Q1 last year. This was supported by recovery in neighbouring markets and continued momentum in major destinations.

    Exports of three-wheelers climbed to 0.96 lakh units, an increase of 34.4% year-on-year, while commercial vehicle exports grew by 23.4% to around 0.2 lakh units.

    Despite the positive export figures, domestic passenger vehicle sales in Q1 stood at 1.01 million units — down 1.4% compared to the same quarter last year — due to slower sales in the latter part of the quarter.

    The two-wheeler segment sold 4.67 million units, posting a 6.2% decline year-on-year, largely due to inventory corrections. However, retail registrations for two-wheelers rose by 5%, boosted by the wedding season and stable demand. The scooter segment’s share within two-wheelers also increased by 2.15% year-on-year.

    The three-wheeler category recorded its highest ever Q1 sales at 1.65 lakh units, mainly driven by strong demand in the passenger carrier segment. SIAM noted that increased economic activity and urban mobility needs supported this growth, while the cargo segment’s retail registrations continued to rise on the back of demand for intracity low-load transport and easier financing.

    Meanwhile, the commercial vehicle segment saw a marginal decline of 0.6% year-on-year to 2.23 lakh units, though passenger carriers within the category maintained positive growth, reflecting steady demand for public transport.

    Looking ahead, SIAM said the industry remains cautiously optimistic for the second quarter. The upcoming festive season, an above-normal monsoon aiding rural incomes, and the Reserve Bank of India’s recent 100-basis-point repo rate cut over six months could help lift demand for passenger vehicles and two-wheelers.

    However, SIAM cautioned that supply-side challenges persist, particularly the recent export licensing requirements imposed by China on rare earth magnets, which are critical components for vehicle manufacturing.

    — IANS

  • MIL-OSI United Kingdom: More areas of country move into drought with dry weather set to continue

    Source: United Kingdom – Government Statements

    Press release

    More areas of country move into drought with dry weather set to continue

    National Drought Group steps up operational response and asks people to play their part in managing the drought and use water wisely

    The National Drought Group (NDG) met today (15 July) as a drought is declared in the West and East Midlands. Dry weather continues to impact water resources across England requiring water companies to take action to manage demand with the public being urged to use water wisely. 

    Since the group last met on 5 June, the situation has deteriorated, with further areas, including the West and East Midlands, now officially in drought and recently three more areas moved into prolonged dry weather status (Lincs and Northants, East Anglia, and Thames area). A hosepipe ban is set to be introduced from 22nd July by Thames Water following a period of prolonged dry weather in the area.  

    Across England, rainfall was 20% less than long term average for June. June was also the hottest on record for England, with two heatwaves driving unusually high demand for water. Reservoir levels continue to fall, with overall storage across England at 75.6% and at 53.8% in Yorkshire necessitating a Temporary Use Ban (TUB).

    The National Drought Group heard that without further substantial rain, some water companies may need to implement further drought measures, including more Temporary Use Bans (TUBs) to conserve supplies. The Environment Agency expects and will ensure that water companies follow their drought management plans. Water companies need to step up their work to fix leaks and adjust their operations to conserve water. 

    The public is being asked to think about how they use water at home and in the garden, and to comply with any local restrictions. The less water you use at the home, the more water there is in your local environment.  The National Drought Group is also asking recreational water users – such as anglers, swimmers, and boaters to remain vigilant and report any environmental issues they see, such as fish in distress, acting as important eyes and ears on the ground. 

    Farmers are using water efficiently, supporting one another, and looking to trade water and welcome the support from the Environment Agency. However, without further rain, the agricultural community are facing a range of challenges due to the dry weather including concerns about irrigation reservoir levels. It is likely that yields will be lower than last year, particularly non-irrigated grains and straw  

    Environment Agency teams are out on the ground actively monitoring river levels, with staff working with the water sector to ensure there is enough water for the people and the environment.  Teams are also supporting farmers and abstractors with advice on how to manage abstraction during prolonged dry weather and low flows.  Fisheries teams are responding where necessary to protect fish which are struggling due to reduced oxygen or moving them if the river has dried up and they have become stranded. 

    Impacts across wildlife away from rivers and reservoirs have been seen since March. Wildfires, drying up wetlands and coastal sites, with the loss of breeding seasons for rare species have all been seen.

    Helen Wakeham, Environment Agency Director for Water and National Drought Group chair, said:   

    This has been the driest start to the year since 1976, and we need to make sure our water supplies can sustain us through the summer.  

    Today I have asked all the partners who make up the national drought group to step up their operational response to manage the drought and use water wisely. Environment Agency teams are out on the ground actively monitoring river levels and working to ensure there is enough water for the people and the environment.

    Water Minister Emma Hardy said:  

    I have asked the National Drought Group to step up its response to ensure we are successfully managing the impacts of ongoing dry weather. Water companies must now take action to follow their drought plans – I will hold them to account if they delay.  

    We face a growing water shortage in the next decade. That’s why we are pushing ahead with urgent water reforms under our Plan for Change, which includes £104 billion of private investment to build nine reservoirs and new pipes to cut leaks.

    Dr Will Lang, Chief Meteorologist at the Met Office, said:

    Although some areas saw rainfall at the start of July,  for many the month so far has been fairly dry, continuing a pattern seen through spring and June. We’ve now recorded our third heatwave of the summer and following a period of fresher, more unsettled conditions it’s likely to turn warmer and more humid again across many parts of England later this week. There’s also the possibility of heavy, thundery showers for some places too.

    It does look as though we’ll see typical changeable weather during the latter third of July and into early August with a mix of rain, showers. Confidence in details inevitably gets lower, the further ahead we look, but this would be consistent with our seasonal expectations.

    The National Drought Group – which includes the Met Office, government, regulators, water companies, farmers, CRT, angling groups and conservation experts. With further warm, dry weather expected, the NDG will continue to meet regularly to coordinate the national response and safeguard water supplies for people, agriculture, and the environment. 

    Notes to editors:   

    A decision to declare drought is taken based on reservoir levels, river flows, groundwater levels, how dry soils are, environmental incidents and water resources position along with consideration of the long-term weather forecasts. These are based on Environment Agency Area classifications.

    Temporary Use Bans ( TUBs) are a decision for the water companies and must be made in line with their drought plans

    More information on how drought is defined can be found here: Drought: how it is managed in England – GOV.UK

    Updates to this page

    Published 15 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI: Societe Generale signs an agreement with the State of Cameroon to sell its subsidiary Société Générale Cameroun

    Source: GlobeNewswire (MIL-OSI)

    SOCIETE GENERALE SIGNS AN AGREEMENT WITH THE STATE OF CAMEROON TO SELL ITS SUBSIDIARY SOCIÉTÉ GÉNÉRALE CAMEROUN

    Press release
    Paris, 15 July 2025

    Societe Generale has signed an agreement with the State of Cameroon which provides for the total sale of the group’s shares (58.08%) in Société Générale Cameroun. The State of Cameroon, already a shareholder, would thus hold 83.68% of the shares of Société Générale Cameroun. According to the commitments made, the State of Cameroon would take over all the activities operated by this subsidiary, as well as all the client portfolios and all the employees of this entity.

    This transaction would have a positive impact of around 6 basis points on the Group’s CET1 ratio, on the expected completion date which could take place by the end of 2025. (1)

    This divestment project is subject to the usual conditions precedent and the validation of the relevant financial and regulatory authorities.

    (1)Unaudited figures

    Press contacts:
    Jean-Baptiste Froville_+33 1 58 98 68 00 _ jean-baptiste.froville@socgen.com  
    Amandine Grison_+33 1 41 45 92 40_ amandine.grison@socgen.com

    Societe Generale

    Societe Generale is a top tier European Bank with around 119,000 employees serving more than 26 million clients in 62 countries across the world. We have been supporting the development of our economies for 160 years, providing our corporate, institutional, and individual clients with a wide array of value-added advisory and financial solutions. Our long-lasting and trusted relationships with the clients, our cutting-edge expertise, our unique innovation, our ESG capabilities and leading franchises are part of our DNA and serve our most essential objective – to deliver sustainable value creation for all our stakeholders.

    The Group runs three complementary sets of businesses, embedding ESG offerings for all its clients:

    • French Retail, Private Banking and Insurance, with leading retail bank SG and insurance franchise, premium private banking services, and the leading digital bank BoursoBank.
    • Global Banking and Investor Solutions, a top tier wholesale bank offering tailored-made solutions with distinctive global leadership in equity derivatives, structured finance and ESG.
    • Mobility, International Retail Banking and Financial Services, comprising well-established universal banks (in Czech Republic, Romania and several African countries), Ayvens (the new ALD I LeasePlan brand), a global player in sustainable mobility, as well as specialized financing activities.

    Committed to building together with its clients a better and sustainable future, Societe Generale aims to be a leading partner in the environmental transition and sustainability overall. The Group is included in the principal socially responsible investment indices: DJSI (Europe), FTSE4Good (Global and Europe), Bloomberg Gender-Equality Index, Refinitiv Diversity and Inclusion Index, Euronext Vigeo (Europe and Eurozone), STOXX Global ESG Leaders indexes, and the MSCI Low Carbon Leaders Index (World and Europe).

    For more information, you can follow us on Twitter/X @societegenerale or visit our website societegenerale.com.

    Attachment

    The MIL Network –

  • MIL-OSI Economics: CBB 12 Month Treasury Bills Issue No. 130 Fully subscribed

    Source: Central Bank of Bahrain

    CBB 12 Month Treasury Bills Issue No. 130 Fully subscribed

    Published on 15 July 2025

    Manama, Bahrain –15th July 2025 – This week’s BD 100 million issue of Government Treasury Bills has been fully subscribed by 100%.

    The bills, carrying a maturity of 12 months, are issued by the CBB, on behalf of the Kingdom of Bahrain.

    The issue date of the bills is 17th July 2025, and the maturity date is 16th July 2026.

    The weighted average rate of interest is 5.39% compared to 5.28% of the previous issue on 19th June 2025.

    The approximate average price for the issue was 94.833% with the lowest accepted price being 94.732%.

    This is issue No. 130 (ISIN BH0007179565) of Government Treasury Bills. With this, the total outstanding value of Government Treasury Bills is BD 2.110 billion.

    Share this

    MIL OSI Economics –

  • MIL-OSI United Kingdom: Improved trade rules to boost business and growth across the UK

    Source: United Kingdom – Executive Government & Departments

    Press release

    Improved trade rules to boost business and growth across the UK

    New changes to how the UK Internal Market Act works to benefit businesses across the four nations.

    • New reforms will ensure businesses can trade smoothly across the UK’s four nations, helping them operate more efficiently and with greater certainty. 
    • Changes respond directly to business feedback and are a key part of the government’s Plan for Change to unlock investment and jobs, raise living standards and drive long-term growth.
    • Devolved governments will have greater flexibility to set rules that reflect local priorities, while protecting the UK’s internal market, worth £129bn a year, and supporting a more collaborative approach.

    Businesses trading across the UK’s four nations will benefit from clearer and more certain rules, following government changes to how the UK Internal Market Act works today [15 July]. 

    Following extensive feedback from businesses – including calls for greater clarity, consistency, and collaboration – the UK Government has completed a review of the Act ahead of schedule, ensuring seamless trading between the nations. 

    The updated approach puts business needs at the forefront, while also enabling devolved governments to shape laws which align with their own priorities. A transparent and well-managed internal market will help to minimise the risk of unnecessary trade barriers, providing certainty for businesses to invest, boosting growth and raising living standards as the government delivers on its Plan for Change. 

    In response to businesses’ asks, the rules will now be made in a way that is more transparent, streamlined, and considers a broader evidence base, encouraging open conversations between governments and making it easier for businesses to engage with and understand how decisions are made and applied across the UK. 

    Protecting the environment and public health will be taken into account alongside economic factors when a government proposes excluding an area from the UK Internal Market Act. In addition, if a proposed change has only a limited economic impact, this can now be agreed through a streamlined process. 

    This updated approach will better enable all four governments to agree shared rules across a wide range of areas including chemicals and pesticides and provide more flexibility to legislate. 

    Minister for Trade Policy Douglas Alexander said: 

    “A thriving internal market is essential to the UK’s economic success, so we’ve listened to what businesses want — and we’re acting ahead of schedule.

    “These reforms will keep trade flowing, reduce friction, and unlock growth across all four nations.

    “We’ve also worked closely with devolved governments to ensure they can deliver on their priorities.”

    Jane Gratton, Deputy Director of Public Policy at the British Chambers of Commerce, said: 

    “Trade between the nations of the UK is vital to the health of our overall economy and a key driver of growth. Businesses want to see devolved and UK governments working together to ensure there are no unnecessary barriers to the flows of goods and services between us.

    “The UK Internal Market Act is key to this, setting the foundations which underpin over £100bn of trade. This new streamlined approach to rulemaking will give businesses the certainty they need so they can grow, invest, and prosper.” 

    This is just another example of how we’re making things better for business, alongside cutting regulation and reducing administrative costs to boost businesses and growth across the country for big and small firms.

    The UK internal market supported over £129 billion of trade between the four nations in 2019 — equivalent to around 6% of the UK economy. For Scotland, Wales and Northern Ireland, sales to the rest of the UK make up a major share of their external sales — typically around 60%. The reforms published today aim to protect and grow that vital trade, ensuring businesses can operate with confidence and certainty.  

    This announcement follows a wide-ranging consultation launched in January 2025 and a statutory review announced in December 2024. The consultation received almost a hundred responses, from businesses, academics, environmental groups and the devolved governments. The improvements made to the operation of the Act are a result of those responses. 

    Together, these steps mark a shift toward a more business-led, cooperative approach to managing the internal market — one that supports economic growth while respecting devolved powers.   

    Notes to editors: 

    • The UK government is required by law to review elements of the UK Internal Market Act by December 2025. 
    • These changes do not affect provisions relating to Northern Ireland, which are tied to the Windsor Framework. 
    • The UK Government continues to be committed to the Common Frameworks programme and improving transparency and collaboration between the four governments of the UK, which is clearly demonstrated by the outcomes of this review.
    • Further details can be found on the consultation outcome page.

    Updates to this page

    Published 15 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Change of His Majesty’s Ambassador to Armenia

    Source: United Kingdom – Executive Government & Departments

    Press release

    Change of His Majesty’s Ambassador to Armenia

    Ms Alexandra Coles has been appointed His Majesty’s Ambassador to the Republic of Armenia in succession to Mr John Gallagher.

    Ms Alexandra Cole has been appointed His Majesty’s Ambassador to the Republic of Armenia in succession to Mr John Gallagher who will be transferring to another Diplomatic Service appointment.  Ms Cole will take up her appointment during September 2025.

    Curriculum vitae

    Full name: Alexandra Pamela Cole

    Year Role
    2024 to present Pre-posting training
    2023 to 2024 FCDO, Head of Contingency Planning, MENA
    2020 to 2023 Doha, Deputy Head of Mission
    2018 to 2020 Tbilisi, Deputy Head of Mission
    2013 to 2018 UK Mission to the UN in Geneva, Counsellor Specialised Agencies
    2011 to 2013 FCO, Policy Unit
    2008 to 2010 Cairo, Consular Regional Director
    2006 to 2008 FCO, Engaging with Islamic World Group
    2004 to 2006 Islamabad, Second Secretary Human Rights
    2002 to 2004 Sarajevo, Second Secretary Political
    2001 to 2002 Pre-posting training (including Bosnian language training)
    1999 to 2001 FCO, Personnel Management Unit
    1996 to 1999 Tehran, Entry Clearance Officer
    1994 to 1995 FCO, Trade Union Side
    1996 to 1999 Tehran, Entry Clearance Officer
    1992 to 1994 FCO, Finance Department
    1990 to 1992 FCO, Migration and Visa Department
    1990 Joined FCO

    Media enquiries

    Email newsdesk@fcdo.gov.uk

    Telephone 020 7008 3100

    Email the FCDO Newsdesk (monitored 24 hours a day) in the first instance, and we will respond as soon as possible.

    Updates to this page

    Published 15 July 2025

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Four York parks awarded the coveted Green Flag Award

    Source: City of York

    Green Flag Award at Rowntree Park

    Published Tuesday, 15 July 2025

    Four of City of York Council’s parks have been awarded the prestigious Green Flag Award after achieving international quality mark for parks and green spaces.

    The council and Friends of Groups – resident organisations who help maintain and improve the parks – are celebrating after receiving a Green Flag Award for Rowntree Park, West Bank Park, Glen Gardens and Clarence Gardens.

    The parks are some of 2,250 in the UK to achieve the award, which is the international quality mark for parks and green spaces.

    Rowntree Park (pictured) has taken back the award this year, having missed out on applying last year due to the extended flooding in spring.

    Cllr Jenny Kent, Executive Member for Environment and Climate Emergency at City of York Council, said:

    “We’re absolutely delighted that four of York’s beautiful parks have received the Green Flag Award. It’s a real tribute to the dedication and hard work of our staff, volunteers and local Friends groups who care so passionately for these much-loved green spaces. As well as these awards, we are working towards achieving Green Flag status for Hull Road Park in the future.

    “Spending time outdoors is vital for everyone’s health and wellbeing, and Parks and gardens like these are so important as free places to exercise, meet friends or simply enjoy nature – now more than ever. 

    Green Flag Award Scheme Manager, Paul Todd MBE, said:

    “Congratulations to everyone involved in York who have worked tirelessly to ensure that it achieves the high standards required for the Green Flag Award.

    “Quality parks and green spaces like these make the country a heathier place to live and work in, and a stronger place in which to invest.

    “Crucially all of these parks in York are a vital green space for communities in the city to enjoy nature, and during the ongoing cost of living crisis it is a free and safe space for families to socialise. It also provides important opportunities for local people and visitors to reap the physical and mental health benefits of green space.”

    The Green Flag Award scheme, managed by environmental charity Keep Britain Tidy under licence from the Ministry of Housing, Communities & Local Government, recognises and rewards well-managed parks and green spaces, setting the benchmark standard for the management of green spaces across the United Kingdom and around the world.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Accreditation Secured to Support Dundee’s Living Wage City Campaign

    Source: Scotland – City of Dundee

    A local security system supplier has signed up to be the latest business in the city to become Living Wage accredited.

    SPG Integrated, based in the Dundee Technology Park, are a firm who specialise in the installation of various security products such as access controls and alarm systems.

    Directors Billy Robertson and Euan Borland started the business as a result of the collapse of Dundee-based construction services firm McGill. Since then, the business has seen continued growth and is thriving, with plans for expansion including apprenticeships for local young people.

    Both Euan and Billy see paying the real Living Wage, currently £12.60 per hour, as a non-negotiable and while already paying above the rate see accreditation as a benefit to them as they seek new contracts, to retain their current workforce and attract the best talent.

    Billy said: “We are delighted to be part of the Living Wage as we realise that our workforce are the most valuable asset to our company and therefore, we want to look after them in all aspects.”

    Euan said: “We realise that being a Living Wage accredited company will make us an attractive prospect to future employees which helps us continue to build a strong, reliable team as we expand and grow our business.”

    Fair Work, Economic Growth & Infrastructure Convener Cllr Steven Rome visited SPG Integrated office’s, with members of the Dundee Living Wage Action Group, to formally welcome them to the family of over 120 Living Wage employers in the city and congratulate them on accreditation.

    Cllr Rome said: “It was great to meet with Billy and Euan from SPG Integrated and officially welcome them to the Dundee Living Wage family. 

    “They spoke so passionately about paying their staff the real Living Wage and explained the benefits it has to them in terms of staff retention and employee job satisfaction.

    “Our discussions were really informative and will help the action group going forward to engage with and reach out to similar businesses in the sector and those they work with.

    “It was really helpful to hear that despite already paying above the living wage, they still saw the value in becoming an accredited employer.”

    Lynn Anderson, Living Wage Scotland Manager said: “We’re thrilled to welcome SPG Integrated to the Living Wage network of employers in Dundee, as the Dundee Living Wage Action Group unveils its refreshed brand.

    “Employers like SPG Integrated recognise that security and stability can help create a happier, healthier and more motivated workforce and we hope to see many more employers join them in going further than the minimum.”

    Earlier in the year the Living Wage Foundation unveiled it’s a new brand identity with a refreshed design to reflect the scale, ambition and future direction of the Living Wage movement and campaign.

    This visit was the first time the refreshed “Making Dundee a Living Wage City” branding was used after consultation with the Dundee Living Wage Action group and Living Wage Scotland. It’s hoped this new look will help to raise awareness of the campaign while rejuvenating the relationship between the action group and local business to strengthen the partnership between them.

    Cllr Rome added: “As we launch the new look branding for the campaign, I look forward to visiting more accredited employers in the city and proactively exploring with others about accreditation. I would encourage any business wanting to know more to please get in touch.”

    More information about the ‘Making A Living Wage Living City’ campaign as well as contact details for the action group can be found on the council’s website.

    MIL OSI United Kingdom –

  • MIL-OSI Russia: S7 Group and Novosibirsk State University Agree on HR Partnership

    Translation. Region: Russian Federal

    Source: Novosibirsk State University –

    An important disclaimer is at the bottom of this article.

    S7 Group and Novosibirsk State University (NSU) have signed a cooperation agreement. The parties will join forces to train specialists in various fields: business informatics, economics and management.

    Under the signed agreement, NSU will prepare students in its educational programs, taking into account the needs of S7 Group. In the future, university graduates may be employed by S7 Group in the Novosibirsk Region and other cities.

    — We are pleased to start a strategic partnership with NSU, which will allow us to develop highly qualified specialists for the aviation industry. Joint training of personnel is an investment in the future of our industry and the region as a whole. We are confident that our cooperation will become an example of a successful partnership between business and education, — noted Evgeny Chernyshev, General Representative of S7 Airlines in Tolmachevo.

    NSU will develop and implement educational programs and scientific projects together with S7 Group. S7 Group will provide students with the opportunity to do practical training at its sites and will support the development of campus innovations to create comfortable conditions for living and studying. The company will also organize various events at its enterprises: open days, hackathons, lectures – and will take part in the process of attracting applicants to NSU programs.

    — This is a historic event for our university. Cooperation with the leader of the aviation industry will open new horizons for our students and strengthen NSU’s position as a center for training specialized specialists. Thanks to our cooperation, graduates will receive in-demand skills and good employment opportunities, — emphasized NSU Rector, Academician of the Russian Academy of Sciences Mikhail Fedoruk.

    S7 Airlines (brand of Siberia Airlines, VBV.S7.ru) is a Russian private airline. The airline has a wide network of domestic routes, built on the basis of air transport hubs in Moscow (Domodedovo), Novosibirsk (Tolmachevo) and Irkutsk. In 2007, the airline received official IATA notification of inclusion in the IOSA (IATA Operational Safety Audit) operator register and became the second air carrier in Russia to successfully pass the full international audit procedure for compliance with operational safety standards. In 2024, S7 Airlines carried 12.9 million passengers on almost 100 thousand flights.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI Asia-Pac: LegCo Secretariat releases Policy Pulse on “Strategies and edges of Hong Kong in hydrogen development”

    Source: Hong Kong Government special administrative region – 4

    The following is issued on behalf of the Legislative Council Secretariat:

         The Legislative Council (LegCo) Secretariat today (July 15) released the latest issue of the Policy Pulse on “Strategies and edges of Hong Kong in hydrogen development”. This issue provides a brief overview of hydrogen energy development strategies in Hong Kong, the edges of promoting the hydrogen energy industry, the latest progress of improving relevant legislation by the Government, as well as relevant discussions of LegCo along with suggestions by Members.

         LegCo will resume the Second Reading debate on the Gas Safety (Amendment) Bill 2025 tomorrow (July 16). The Bill seeks to regulate the use of hydrogen as fuel to ensure the safe application of hydrogen fuel. It also empowers the Government to introduce new subsidiary legislation to ensure the flexibility of updating the regulatory requirements. The Government intends to introduce subsidiary legislation in 2026 to cover the entire supply chain of hydrogen as fuel. 

         The Policy Pulse highlights that the Hong Kong Special Administrative Region (SAR) Government actively promotes the development of hydrogen energy, and promulgated the Strategy of Hydrogen Development in Hong Kong last year. Setting out four major strategies of improving legislation, establishing standards, aligning with the market and advancing with prudence, the Strategy aims to create an environment conducive to the development of hydrogen energy in Hong Kong in an orderly manner, so as to make preparations for the wider application of hydrogen energy in the future.

         With a “zero carbon emissions” feature, hydrogen is a new energy with significant decarbonisation potential. Our country is the largest hydrogen producer in the world, and strives to achieve the “dual carbon” goals of peaking carbon emissions before 2030 and achieving carbon neutrality before 2060. The SAR Government also targets to cut carbon emissions by half from the 2005 level before 2035 and achieve carbon neutrality before 2050. The Policy Pulse points out that, with its unique advantage of enjoying strong support of the motherland and being closely connected to the world, as well as the strengths in scientific research, robust legislation and energy infrastructure, Hong Kong has very great potential to become a demonstration base for the development of hydrogen energy in the country, and facilitate the development of the hydrogen energy industry in the Belt and Road region and other overseas places. In addition, as an international financial centre, Hong Kong can help enterprises with their green transformation by providing green financing and professional services.

         The Policy Pulse also introduces a number of measures by the SAR Government to support research and innovation in the hydrogen energy technology. These include setting up the Inter-departmental Working Group on Using Hydrogen as Fuel to co-ordinate the efforts in promoting the local use of hydrogen energy and initiate relevant trial projects. Meanwhile, the Government has launched several funding schemes that cover the research and development of hydrogen energy technology, and actively promotes talent training, technological exchange and application in relevant scientific and technological fields, so as to cultivate professionals with the specialised knowledge and skills to ensure the safe application of hydrogen energy technology.

         LegCo Members have long attached great importance to the development of hydrogen energy in Hong Kong. In March 2023, LegCo passed a motion advocating the SAR Government to comprehensively promote the development of hydrogen energy industry in Hong Kong. The LegCo Panel on Environmental Affairs also visited hydrogen projects during its duty visit to Mainland cities in the Guangdong-Hong Kong-Macao Greater Bay Area (the Greater Bay Area) in August of the same year, and has been following up on issues related to hydrogen energy. The Policy Pulse summarises various recommendations made by Members on hydrogen energy development. These include capitalising on the strengths of Hong Kong’s financial services industry to attract capital investment in the city’s hydrogen energy industry and reserve land for development. Furthermore, the Government should take the lead in developing green industries and make use of new development areas as a springboard to bring in quality hydrogen energy industries; formulate relevant policies on hydrogen energy pricing to stimulate demand for hydrogen energy; promote carbon index certification to include hydrogen energy into Hong Kong’s carbon emissions trading market; and actively research and develop local hydrogen production technology, among others.

         The Policy Pulse points out that hydrogen energy is an integral component of the country’s future energy system. Members urge the Government to collaborate with other cities in the Greater Bay Area on the joint research, development and promotion of hydrogen energy development projects to facilitate exchanges and co-operation between the two places across the hydrogen energy industrial chain, with a view to promoting the alignment of the safety monitoring and quality testing standards between Hong Kong and the Mainland. Members also advise the Government to speed up the development of a set of internationally recognised hydrogen energy certification standards, so as to assist the Greater Bay Area and even the entire hydrogen industry in the country to enter the international market.

         The detailed content of “Strategies and edges of Hong Kong in hydrogen development” is available on the LegCo Website. The Policy Pulse, published by the Council Business Divisions of the LegCo Secretariat, covers specific topics and offers a comprehensive overview of related policy developments and summarised discussions in LegCo.

    MIL OSI Asia Pacific News –

  • MIL-OSI Europe: Answer to a written question – Micro-enterprises’ limited access to EU funds – E-002124/2025(ASW)

    Source: European Parliament

    The European Regional Development Fund (ERDF) invests to strengthen the competitive position of and create jobs in small and medium-sized enterprises (SMEs), irrespective of whether those investments are geared towards innovation, digitalisation or the green transition.

    Micro-enterprises are included in the definition of SMEs. In the case of funds under shared management like the ERDF, it is up to the national and regional managing authorities to launch calls and select projects.

    They can decide to launch calls specifically focusing on micro enterprises. As for monitoring and analysis, the Commission monitors support for SMEs under cohesion policy.

    In the period 2021-2027, more than EUR 23 billion of EU support under the ERDF has been planned to go to strengthening of SME’s growth and competitiveness.

    Simplification is a key priority for this Commission. Under cohesion policy, the Commission promotes the use of tools like Simplified Cost Options (SCOs) and Financing Not Linked to Costs (FNLC). SCOs are an innovative way of reimbursing grants under cohesion policy: instead of reimbursing ‘real costs’, SCOs allow the reimbursement of expenditure according to pre-defined methods based on process, outputs or results.

    Thus, when SCOs are used, it is not necessary to trace every euro of co-financed expenditure to individual supporting documents. Almost EUR 110 billion of the cohesion policy budget, i.e. 21% of the total, is expected to be reimbursed in 2021-2027 through SCOs and FNLC by the end of the programming period.

    Under InvestEU, the Commission is deploying together with the European Investment Fund the competitiveness guarantee product which is facilitating general access to finance for SMEs and micro-enterprises in particular.

    MIL OSI Europe News –

  • MIL-OSI Africa: World Youth Skills Day: African Development Bank to introduce systems reforms to prioritize investing in Africa’s youth

    Source: APO

    The African Development Bank (www.AfDB.org), in partnership with the International Labour Organization, has launched a transformative system to mainstream youth employment, skills development, and entrepreneurship across its investments. 

    The approach, called the Youth, Jobs and Skills Marker System, is aligned with the Bank’s latest Ten-Year Strategy, which places Africa’s young people at the center of development efforts to maximize the impact of every dollar invested, turning demographics into a dividend. The Marker System ensures that Bank projects spanning diverse sectors, such as agriculture, transport, energy, water, and education, systematically incorporate components that enhance youth employability, foster entrepreneurship, and build market-relevant skills.

    “The Youth, Jobs and Skills Marker System is about ensuring Africa’s young people have a real say and active role in building sustainable economies and creating jobs – not as passive recipients of youth programs,” said Dr. Beth Dunford, the Bank’s Vice President for Agriculture, Human and Social Development. “This transformation of Bank practices and systems is a step toward making sure our investments have a positive impact on Africa’s young women and men.” 

    The integrated system has three focus areas: 

    • Youth: Supporting youth-led micro, small, and medium-sized enterprises through targeted investments and operational integration. 
    • Skills: Expanding access to practical, market-driven training and apprenticeships to enhance career prospects. 
    • Jobs: Ensuring Bank-funded projects create sustainable job opportunities, particularly by developing youth skills for employability and the promotion of youth-led businesses in priority value chains. 

    Each year, around 10 to 12 million young Africans enter the labor market, which offers only three million formal jobs annually. The Bank will prioritize youth entrepreneurship and mobilize private sector partnerships to strengthen industry-oriented skills training as well as job creation over the coming decade.  

    “[This initiative] is very important because it allows us to significantly contribute to the United Nations Sustainable Development Goal #8 that includes decent work for all,” said Peter van Rooij, Director of Multilateral Partnerships and Development Cooperation at the International Labour Organization. “It also allows the International Labour Organization to influence the Bank’s work, to support their lending that is more geared toward more job creation and better jobs in a sustainable way.”  

    The Youth, Jobs and Skills Marker System is modeled on the success of the Bank’s Gender Marker System and its online dashboard, which categorize Bank projects based on their contribution to gender equality and women’s empowerment. Similarly, the new system will feature an online platform enabling Bank staff and consultants to access real-time data for preparing country strategy papers, mid-term reviews, annual reports, project supervision, and reporting on youth-related skills, businesses and jobs outcomes. 

    The Bank has just launched a pilot version of the Youth, Jobs and Skills Marker System in readiness for the full implementation in 2026. This system will enhance data tracking, improve estimates of youth skills attainment and employment, strengthen labor market information systems, and support policymakers in making evidence-based decisions that drive meaningful change. 

    The International Labour Organization provided technical support for the system’s development with financial support from the Bank’s Youth Entrepreneurship and Innovation Multi-Donor Trust Fund. The Youth, Jobs and Skills Marker System is the first deliberate action of its kind developed by a development finance institution worldwide. 

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

    To learn more about the Youth, Jobs and Skills Marker System, watch this video: https://apo-opa.co/3Gs3JEZ

    Media Contact: 
    Alphonso Van Marsh
    Chief Digital Content and Events Officer 
    media@afdb.org

    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

    Media files

    .

    MIL OSI Africa –

  • MIL-OSI Russia: Sergei Sobyanin: 296 educational facilities have been built in Moscow since 2020

    Translation. Region: Russian Federal

    Source: Moscow Government – Government of Moscow –

    An important disclaimer is at the bottom of this article.

    Since 2020, 296 educational facilities have been built in the city – 49 were put into operation in 2024 alone. The new Moscow schools and kindergartens are conveniently located, they have comfortable conditions, and use modern technologies. Sergei Sobyanin reported this in on your telegram channel.

    “During this time, over 100 thousand places for schoolchildren and preschoolers have been created in Moscow. All buildings are constructed taking into account modern requirements. These are spacious and light premises with thoughtful zoning and all the necessary equipment,” the Moscow Mayor wrote.

    Source: Sergei Sobyanin’s Telegram channel @mos_sobyanin

    Schools have universal and specialized classrooms, laboratories for studying natural sciences. Kindergartens have sports grounds and spaces for the comprehensive development of children.

    The largest number of schools and kindergartens were built in Troitsky and Novomoskovsky, as well as in the Northern and Western administrative districts.

    One of the largest schools was built in Rasskazovka: it is designed for 2,100 children. A kindergarten for 220 children opened between Kaluzhskoe and Kievskoe highways, another one for 300 children – in Izmailovo. A new building appeared in Begovoy district Cadet School No. 1784 named after Army General V.A. Matrosov.

    The facilities are being built both with funds from the capital’s Targeted Investment Program and by investors. By the end of 2026, it is planned to build about 160 more schools and kindergartens.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    .

    MIL OSI Russia News –

  • MIL-OSI: MEXC Announces T3RN (TRN) Launchpool Event with 190,000 TRN Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 15, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, today announced the upcoming listing of T3RN (TRN) alongside an exclusive Launchpool staking event. The comprehensive initiative will offer users the opportunity to earn from a substantial total prize pool of 190,000 TRN tokens.

    T3RN: Pioneering Universal Web3 Protocol

    T3RN is the world’s first Universal Execution Protocol that enables atomic cross-chain smart contract execution across multiple blockchain networks without relying on wrapped tokens or trust assumptions. Unlike traditional bridge solutions that often create fragmented user experiences, T3RN’s protocol ensures that every cross-chain transaction either fully succeeds or fully reverts, eliminating the risk of partial execution failures that have plagued multi-chain operations. The protocol addresses a critical pain point in the current Web3 infrastructure by allowing users and developers to execute complex, multi-chain transactions seamlessly.

    The TRN token serves as the native utility token powering the entire T3RN ecosystem, with a fixed maximum supply of 100 million tokens facilitating network security through staking, enabling protocol-level payments, and providing governance rights to holders.

    T3RN (TRN) Launchpool Event

    MEXC’s TRN Launchpool event runs from July 15, 2025, 11:00 UTC to July 23, 2025, 11:00 UTC, featuring dual staking pools with 95,000 TRN rewards each. New users can participate in both USDT and TRN staking pools, while all users can participate in the TRN pool. The event offers a historical average APR of up to 500% for Launchpool events, with participants able to re-stake in the TRN pool for additional rewards.

    Who Can Join

    • TRN holders and community airdrop recipients – Can stake TRN tokens in the Launchpool for high rewards
    • New users – Can participate in both USDT and TRN staking pools
    • All users – Can participate in the TRN pool

    How to Participate

    • Sign up for a MEXC account
    • Complete Advanced KYC verification
    • Deposit and stake TRN or USDT in the designated Launchpool
    • Begin earning TRN rewards

    This event launch demonstrates MEXC’s commitment to providing users with exclusive opportunities for early participation in high-quality cryptocurrency projects. Known for rapid token listings, extensive token variety, strong market depth, and competitive fees, MEXC consistently puts user experience first. Through frequent airdrops and diverse event offerings, the platform supports emerging Web3 ventures while helping users unlock profit potential. This strategy reinforces MEXC’s position as a gateway to cutting-edge opportunities in the fast-moving crypto space.

    Interested users can visit here to register and participate in the staking event.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

    Risk Disclaimer:
    The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c0d93893-a036-4d2a-91f7-8630087c175f

    The MIL Network –

  • MIL-OSI: MEXC Announces T3RN (TRN) Launchpool Event with 190,000 TRN Prize Pool

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 15, 2025 (GLOBE NEWSWIRE) — MEXC, a leading global cryptocurrency exchange, today announced the upcoming listing of T3RN (TRN) alongside an exclusive Launchpool staking event. The comprehensive initiative will offer users the opportunity to earn from a substantial total prize pool of 190,000 TRN tokens.

    T3RN: Pioneering Universal Web3 Protocol

    T3RN is the world’s first Universal Execution Protocol that enables atomic cross-chain smart contract execution across multiple blockchain networks without relying on wrapped tokens or trust assumptions. Unlike traditional bridge solutions that often create fragmented user experiences, T3RN’s protocol ensures that every cross-chain transaction either fully succeeds or fully reverts, eliminating the risk of partial execution failures that have plagued multi-chain operations. The protocol addresses a critical pain point in the current Web3 infrastructure by allowing users and developers to execute complex, multi-chain transactions seamlessly.

    The TRN token serves as the native utility token powering the entire T3RN ecosystem, with a fixed maximum supply of 100 million tokens facilitating network security through staking, enabling protocol-level payments, and providing governance rights to holders.

    T3RN (TRN) Launchpool Event

    MEXC’s TRN Launchpool event runs from July 15, 2025, 11:00 UTC to July 23, 2025, 11:00 UTC, featuring dual staking pools with 95,000 TRN rewards each. New users can participate in both USDT and TRN staking pools, while all users can participate in the TRN pool. The event offers a historical average APR of up to 500% for Launchpool events, with participants able to re-stake in the TRN pool for additional rewards.

    Who Can Join

    • TRN holders and community airdrop recipients – Can stake TRN tokens in the Launchpool for high rewards
    • New users – Can participate in both USDT and TRN staking pools
    • All users – Can participate in the TRN pool

    How to Participate

    • Sign up for a MEXC account
    • Complete Advanced KYC verification
    • Deposit and stake TRN or USDT in the designated Launchpool
    • Begin earning TRN rewards

    This event launch demonstrates MEXC’s commitment to providing users with exclusive opportunities for early participation in high-quality cryptocurrency projects. Known for rapid token listings, extensive token variety, strong market depth, and competitive fees, MEXC consistently puts user experience first. Through frequent airdrops and diverse event offerings, the platform supports emerging Web3 ventures while helping users unlock profit potential. This strategy reinforces MEXC’s position as a gateway to cutting-edge opportunities in the fast-moving crypto space.

    Interested users can visit here to register and participate in the staking event.

    About MEXC
    Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
    MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

    Risk Disclaimer:
    The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/c0d93893-a036-4d2a-91f7-8630087c175f

    The MIL Network –

  • MIL-OSI: MEXC Research Report Unveils 2025 ROI Benchmarks and Launchpad Landscape Performance Metrics

    Source: GlobeNewswire (MIL-OSI)

    VICTORIA, Seychelles, July 15, 2025 (GLOBE NEWSWIRE) — MEXC Research, the industry research arm of global cryptocurrency exchange MEXC, has released a comprehensive industry report titled “From ICO to Launchpad”, analyzing the evolution of token offering models and their structural impact on the crypto ecosystem. As the industry experiences a revival in launchpad activity, the report compares centralized exchange (CEX) and decentralized exchange (DEX) platforms through performance metrics, user access design, and long-term sustainability.

    Amid renewed bullish momentum, launchpads have become a core mechanism for distributing new tokens. However, most users face opaque allocation models, inconsistent valuation standards, and limited access to early-stage projects. The MEXC Research report provides one of the most detailed comparative breakdowns of launchpad mechanics to date, highlighting both opportunities and critical flaws in the current model.

    Key Takeaways:

    • MEXC Launchpad launched 5 projects in H1 2025 with an average peak ROI of 10.83x, using a dual-pool, no-VIP model.
    • Bybit delivered the highest single-project return in 2025 (Xterio, 14.71x), but required staking tiers and VIP levels for access.
    • Gate.io offered the lowest financial barrier to participate (1 USDT minimum), but most allocation went to stakers.
    • DEX models gained retail popularity for open access, but face growing fraud risks and price volatility.

    Key Performance Findings

    Using data sourced from CryptoRank and official disclosures, the report compares dozens of token launches across major platforms, revealing significant differences in ROI performance, access mechanics, and allocation fairness.

    MEXC ranked first in the number of launchpad projects in H1 2025, with five new listings and an average peak ROI of 10.83x. Its model is noted for offering fixed allocations and dual pool participation without VIP requirements — a structure that aims to improve retail accessibility.

    Bybit led in peak ROI performance, with its Xterio token reaching a 14.71x return, but used a tiered access model that required users to lock substantial funds in advance. Meanwhile, Gate.io was recognized for its low minimum participation requirement (1 USDT) and a flat subscription model; however, its snapshot period gives early participants a higher allocation, introducing a time-based differentiation.

    DEX platforms like Pump.fun showed extreme virality and open access, but also raised concerns about volatility, rug risk, and lack of vetting. This comparative analysis gives users and builders a clearer picture of not just where returns can be highest, but also how accessible and transparent those returns are for the average participant.

    Systemic Trade-Offs: Fairness, Speed, and Long-Term Value

    The report highlights several structural dilemmas embedded in launchpad design. CEX-based offerings bring brand trust, liquidity support, and product integrations — yet frequently favor large token holders or early insiders. On the other hand, DEX-based platforms democratize participation through bonding curves or open auctions, but are plagued by manipulation and scam projects due to limited due diligence.

    Importantly, the research underlines that many Launchpads now serve more as marketing tools or liquidity events than long-term growth vehicles. Overvalued Fully Diluted Valuations (FDVs), low circulating supplies, and immediate post-launch drawdowns have become systemic issues. This model benefits early sellers and platforms, but undermines holder confidence and ecosystem development.

    Emerging Trends in Token Offerings

    The report identifies three emerging models that may shape the future of token distribution:

    1. Fair Launches with Dynamic Pricing — Projects like pump.fun are experimenting with bonding curves to democratize access, but need stronger safeguards against manipulation.
    2. Contribution-Based Allocation — Platforms like Virtuals Genesis reward ecosystem participation (e.g. holding NFTs, using testnets) rather than staking capital, encouraging organic growth.
    3. CEX-Led Incubation Models — Exchanges like MEXC are expanding beyond token sales by offering staking, marketing support, and liquidity bootstrapping, turning launchpads into full-cycle growth accelerators.

    These formats point toward a hybrid future where trust and security from CEXs meet the openness and virality of DEX mechanics, but with stricter risk controls and better value alignment.

    Call to Action Toward a More Equitable Fundraising Architecture

    The report concludes with a set of recommendations to improve the integrity of launchpads in the next growth cycle. These include:

    • Implementing valuation caps to avoid inflated FDVs
    • Expanding public round allocation ratios
    • Replacing VIP-only access with flexible qualification criteria
    • Offering post-launch accountability and roadmap tracking

    The resurgence of launchpad activity in 2025 reflects more than just market optimism — it underscores a deeper shift in how value, access, and community are structured in the crypto economy. MEXC Research’s report not only compares past and present launchpad performance, but also serves as a blueprint for where the industry must go next. For retail users, it offers clarity. For projects, it offers benchmarks. And for platforms, it delivers a timely warning: in a market defined by momentum and trust, outdated mechanics will quickly be left behind.

    Read the full report on MEXC Learn.

    About MEXC Research

    MEXC Research is the market analysis and industry research arm of global cryptocurrency exchange MEXC. It provides institutional-grade insights, user behavior analytics, and infrastructure assessments to inform the next era of Web3 growth.

    MEXC Official Website｜ X ｜ Telegram ｜How to Sign Up on MEXC

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/6c220601-0981-44d8-afb8-a6436f779718

    The MIL Network –

  • MIL-OSI: Unity Bancorp Reports Quarterly Earnings of $16.5 Million

    Source: GlobeNewswire (MIL-OSI)

    CLINTON, N.J., July 15, 2025 (GLOBE NEWSWIRE) — Unity Bancorp, Inc. (NASDAQ: UNTY), parent company of Unity Bank, reported net income of $16.5 million, or $1.61 per diluted share, for the quarter ended June 30, 2025, compared to net income of $11.6 million, or $1.13 per diluted share for the quarter ended March 31, 2025. For the six months ended June 30, 2025, Unity Bancorp reported net income of $28.1 million, or $2.74 per diluted share, compared to net income of $19.0 million, or $1.86 per diluted share, for the six months ended June 30, 2024. The increase in net income for the three and six months ended June 30, 2025 was partially attributable to pre-tax one-time gains of $3.5 million realized on the sale of securities and $2.0 million release for credit losses on securities, each related to securities of Patriot National Bancorp, Inc. held by the Company.

    James A. Hughes, President and CEO, commented on the financial results: “We are pleased to announce another record-breaking quarter for Unity Bancorp, Inc., with net income of $16.5 million, or $1.61 per diluted share. This performance reflects 2.51% ROA and 21.15% ROE.

    This quarter’s results were positively impacted by one-time realized gains and provision release related to the previously disclosed non-performing $5 million par investment security. This investment, issued by Patriot National Bancorp, Inc., benefited from a successful series of capital raises. We are pleased with the capital raise and Management’s new trajectory.

    Excluding this one-time event, on a non-GAAP basis, we earned $12.2 million in net income, or $1.20 per diluted share, representing 1.86% ROA and 15.70% ROE. Net interest margin expanded 3 basis points to 4.49% in the second quarter.

    Both Commercial and Residential lending teams continue to demonstrate exceptional origination capabilities. Loan balances grew by $37.5 million in the second quarter, representing a 1.6% increase from March 31, 2025 and a 5.4% increase from year-end. Our loan pipeline remains robust heading into the second half of the year, supported by high-quality credits and disciplined pricing. Credit quality remains stable, with nonaccrual assets as a percentage of total assets declining 11 basis points to 0.54%, from the prior quarter. Additionally, total deposits have grown $12.0 million, or 0.6% from March 31, 2025, and 4.1% since year-end. We are excited to have announced our second Morris County, NJ location and we remain committed to growing loans and deposits in tandem.

    We are very optimistic about Unity Bank’s future. Loan demand continues to be strong due to robust economic growth in our footprint. Recent inflation data indicates that prices have stabilized after several years of price increases, and as a result, the market is anticipating additional rate cuts this year. If those rate cuts occur, we might expect to see even stronger economic growth through the remainder of the year.”

    For the full version of the Company’s quarterly earnings release, including financial tables, please visit News – Unity Bank (q4ir.com).

    Unity Bancorp, Inc. is a financial services organization headquartered in Clinton, New Jersey, with approximately $2.9 billion in assets and $2.2 billion in deposits. Unity Bank, the Company’s wholly owned subsidiary, provides financial services to retail, corporate and small business customers through its robust branch network located in Bergen, Hunterdon, Middlesex, Morris, Ocean, Somerset, Union, and Warren Counties in New Jersey and Northampton County in Pennsylvania. For additional information about Unity, visit our website at www.unitybank.com , or call 800-618-BANK.

    This news release contains certain forward-looking statements, either expressed or implied, which are provided to assist the reader in understanding anticipated future financial performance. These statements may be identified by use of the words “believe”, “expect”, “intend”, “anticipate”, “estimate”, “project” or similar expressions. These statements involve certain risks, uncertainties, estimates and assumptions made by management, which are subject to factors beyond the Company’s control that could impede its ability to achieve these goals. These factors include those items included in our Annual Report on Form 10-K under the heading “Item IA-Risk Factors” as amended or supplemented by our subsequent filings with the SEC, as well as general economic conditions, trends in interest rates, the ability of our borrowers to repay their loans, our ability to manage and reduce the level of our nonperforming assets, results of regulatory exams, and the impact of any health crisis or national disasters on the Bank, its employees and customers, among other factors.

    This communication does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of such jurisdiction.

    News Media & Financial Analyst Contact:
    George Boyan, EVP and CFO
    (908) 713-4565

    PDF available: http://ml.globenewswire.com/Resource/Download/462b1bd2-92e4-4cb7-a63a-3ebc786bc2ce

    The MIL Network –

  • MIL-Evening Report: No more card surcharges: what the Reserve Bank’s proposed changes mean for your wallet

    Source: The Conversation (Au and NZ) – By Angel Zhong, Professor of Finance, RMIT University

    That extra 10c on your morning coffee. That $2 surcharge on your taxi ride. The sneaky 1.5% fee when you pay by card at your local restaurant. These could all soon be history.

    The Reserve Bank of Australia (RBA) has proposed a sweeping reform: abolishing card payment surcharges. The central bank says it’s in the public interest to scrap the system and estimates consumers could collectively save $1.2 billion annually.

    But like all major financial reforms, the devil is in the detail.

    The 20-year experiment is over

    Surcharging was introduced more than two decades ago to expose the true cost of different payment methods. In the early 2000s, card fees were high, cash was king, and surcharges helped nudge consumers toward lower-cost options.

    But fast-forward to 2025, and the payments ecosystem has changed dramatically. Cash now accounts for just 13% of in-person transactions, and the shift to contactless payments, accelerated by the pandemic, has made cards the default for most Australians.

    When there’s no real alternative, a surcharge becomes less a useful price signal and more a penalty for convenience.

    After an eight month review, the bank’s Payments System Board has concluded the surcharge model no longer works in a predominantly cashless economy. The proposal now on the table is to phase out surcharges and instead push for simplified, all-inclusive pricing.

    Who saves – and who pays?

    At first glance, removing surcharges looks like a win for consumers. Every household could save about $60 per year, based on the RBA’s estimates. But payment costs don’t vanish – they shift.

    This is where the Reserve Bank’s proposal is more sophisticated than it may appear. Alongside banning surcharges, it plans to lower interchange fees (the fees merchants pay to card networks like Visa and Mastercard) and introduce caps on international card transactions.

    These changes aim to reduce the burden on merchants, which in turn limits the pressure to raise prices.

    Could prices still rise?

    Some worry that without surcharges, businesses will simply embed the costs into product prices. That’s possible. However, the bank estimates this would result in only a 0.1 percentage point increase in consumer prices overall.

    There are three reasons for that:

    1. most merchants already don’t surcharge, especially small businesses. Of them, 90% may have included card costs in their pricing

    2. competition keeps pricing in check. Retailers in competitive markets can’t raise prices without risking customers

    3. transparency is coming. The reforms will require payment providers to disclose fees more clearly, allowing merchants to compare and switch – fostering more competition and lower costs.

    That said, the effects won’t be felt evenly. Merchants in sectors that do currently surcharge, like hospitality, transport, and tourism, will need to rethink their pricing strategies. Some may absorb costs; others may pass them on.

    The winners

    Consumers stand to benefit most. They’ll avoid surprise fees at checkout, won’t need to switch payment methods to dodge surcharges, and won’t have to report excessive fees to the Australian Consumer and Competition Commission. Combined with lower interchange fees, this means consumers should face less friction and more predictable pricing.

    About 90% of small businesses don’t currently surcharge and would gain around $185 million in net benefits. These businesses often pay higher interchange fees, so the reform will reduce their costs. New transparency requirements will also make it easier to find better deals from payment service providers (PSPs).

    Large businesses already receive lower domestic interchange rates, but they’ll benefit from new caps on foreign-issued card transactions, which is a win for those in e-commerce and tourism.

    The losers

    Banks that issue cards stand to lose about $900 million in interchange revenue under the preferred reform package. Some may respond by raising cardholder fees or cutting rewards, especially on premium credit cards. But they may also gain from increased credit card use as surcharges disappear.

    The 10% of small and 12% of large merchants who currently surcharge will have to adjust. They may face retraining costs and need to revise their pricing strategies.
    Most will be able to adapt, but the transition won’t be cost-free.

    Payment service providers will face about $25 million in compliance costs to remove surcharges and provide clearer fee breakdowns. For some, this may involve significant system changes, though one-off in nature.

    Will it work?

    The Reserve Bank’s proposal tackles real problems: an outdated surcharge model, opaque pricing by payment service providers, and bundling of unrelated services into payment fees. Its success depends on how well these reforms are implemented and whether they deliver real price transparency and lower costs.

    Removing visible price signals may create cross-subsidisation, where users of low-cost debit cards subsidise those who use high-cost rewards credit cards. Some economists argue this could reduce overall efficiency in the system.

    International experience offers mixed lessons. While the European Union and United Kingdom banned most surcharges years ago, outcomes have varied depending on market conditions. Efficiency gains haven’t always followed, and small business concerns persist.

    The road ahead

    The Reserve Bank is seeking feedback until August 26, with a final decision due by year-end. If adopted, the reform will be phased in, allowing time for businesses to adapt.

    For consumers, this may mark the end of hidden payment fees. But for the broader system, success will depend on more than just eliminating surcharges. It will require meaningful competition, transparency, and vigilance during the transition.

    While not a major omission, mobile wallets (such as Apple Pay) and Buy Now, Pay Later (BNPL) services represent a missing component in the broader payments ecosystem that the current reforms do not yet address.

    These platforms operate outside the traditional regulatory framework, often imposing higher merchant fees and lacking the transparency applied to card networks.

    Their growing popularity, especially among younger consumers, means they increasingly shape payment behaviour and merchant cost structures. To build a truly future-ready and equitable payments system, these emerging models may need to be brought into the regulatory fold.

    Angel Zhong does not work for, consult, own shares in or receive funding from any company or organisation that would benefit from this article, and has disclosed no relevant affiliations beyond their academic appointment.

    – ref. No more card surcharges: what the Reserve Bank’s proposed changes mean for your wallet – https://theconversation.com/no-more-card-surcharges-what-the-reserve-banks-proposed-changes-mean-for-your-wallet-261165

    MIL OSI Analysis – EveningReport.nz –

  • MIL-OSI: Lightchain AI Enters Bonus Round After Successfully Raising $21.1M in Completed Presale

    Source: GlobeNewswire (MIL-OSI)

    SHREWSBURY, United Kingdom, July 15, 2025 (GLOBE NEWSWIRE) — Lightchain AI, an emerging blockchain protocol built for AI-native applications, has officially completed all 15 stages of its presale, raising $21.1 million from early participants. The project now enters its Bonus Round, offering remaining tokens at a fixed price of $0.007 as it prepares for broader ecosystem development and upcoming validator onboarding.

    This milestone marks a critical phase in Lightchain AI’s roadmap, with its presale success underscoring growing interest in blockchain platforms purpose-built for artificial intelligence execution.

    Lightchain AI Achieves Tangible Presale Success Through Strategic Execution

    Lightchain AI has achieved tangible presale success through strategic execution that emphasizes disciplined growth and technological innovation. Completing all 15 presale stages and raising $21.1 million, the platform has steadily built trust among investors and developers alike.

    Key to this success is Lightchain AI’s integrated architecture, featuring Proof of Intelligence consensus, the Artificial Intelligence Virtual Machine (AIVM) for real-time AI task execution, and decentralized storage ensuring data integrity. Comprehensive APIs and SDKs simplify developer interaction, while staking mechanisms encourage validator participation and network security. DeFi partnership onboarding and cross-chain infrastructure extend Lightchain AI’s ecosystem reach.

    A $150,000 grant pool supports builders creating tooling, explorers, data oracles, and dApps, driving active ecosystem expansion. With public repositories and validator onboarding imminent, Lightchain AI’s strategic approach converts vision into measurable momentum.

    Secure Your Lightchain AI Tokens Now!

    Embrace the future with Lightchain AI tokens—your gateway to a decentralized, AI-driven ecosystem. Built for scalability, transparency, and innovation, these tokens reward early supporters and drive sustainable growth.

    With optimized gas fees and a strategic approach to token distribution, Lightchain AI is more than a project—it’s a revolution. Be part of this transformative journey today. Claim your tokens and help build a smarter, decentralized future!

    Website – https://lightchain.ai

    Whitepaper – https://lightchain.ai/lightchain-whitepaper.pdf

    X( Twitter) – https://x.com/LightchainAI

    Telegram – https://t.me/LightchainProtocol

    Contact:
    SHAJAN SKARIA
    media@lightchain.ai

    Disclaimer: This content is provided by Lightchain AI. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page.

    Legal Disclaimer: This media platform provides the content of this article on an “as-is” basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.

    Photos accompanying this announcement are available at:

    https://www.globenewswire.com/NewsRoom/AttachmentNg/4b7c1a77-aca0-4b4f-aa56-b6ac024c32b5

    https://www.globenewswire.com/NewsRoom/AttachmentNg/52fb8cd9-0df7-469d-8402-6b602aaafaf4

    The MIL Network –

  • MIL-OSI United Kingdom: Scottish Connections Fund open for applications

    Source: Scottish Government

    Fund to support Scotland’s diaspora increased by 50%.

    Applications are now open for the Scottish Connections Fund 2025-26, which helps strengthen Scotland’s international diaspora.   

    Grants of up to £5,000 are available for new projects that help to promote Scotland and bring together our diaspora around the world. This year’s total funding has increased by 50% to £75,000 – supporting a minimum of 15 projects in 2025-26.  

    The Fund aims to promote increased visibility and connectivity with and between Scottish diaspora communities. It offers funding to deliver new and innovative projects outwith Scotland that promote the nation’s reputation and interests around the globe. 

    External Affairs Secretary Angus Robertson said:

    “The Scottish Connections Fund has increased by 50% to £75,000 for this year – meaning that even more new and innovative projects will be able to benefit and engage Scotland’s diaspora community.

    “The Fund is open to bids from any individual or organisation with a Scottish connection, whether that link is through heritage, education, business, culture, or a broader affinity.

    “We see Scotland diaspora as an extension of Scotland itself – and we want to support this thriving community around the world.”

    One of the Fund’s beneficiaries last year was the Africa Scotland Business Network which received funding to set up a new Future Leaders business network for under 30s.

    Director Claire Alexander said:

    “The Scottish Connections Fund has played a pivotal role in launching a powerful legacy initiative that’s making a real difference in the lives of young people. Africa Scotland Business Network (ASBN) was honoured to receive a grant from the fund, which enabled the creation of ASBN Future Leaders – a dynamic, new, international and intercultural business network tailored specifically for the needs of young people.

    “Today, ASBN Future Leaders is home to young people from Scotland, England, Namibia, South Africa, and Kenya – and the community continues to grow every month.”

    Background

    Applications for this year’s Fund will close on Tuesday 9 September 2025. Projects must be completed by the end of March 2026.

    The Scottish Connections Fund has supported 15 successful projects across two previous funding rounds.

    The launch of the Scottish Connections Fund was a commitment included in the Scottish Connections Framework, published April 2023.

    ASBN Future Leaders, from the Africa Scotland Business Network gives young people access to a trusted, international network of diverse individuals in Scotland and beyond, to nurture intercultural and knowledge exchange. Young members also receive personal brand-building opportunities, marketing exposure, mentorship, and a 12-month educational programme led by experienced CEOs from our founding business network.

    MIL OSI United Kingdom –

  • MIL-OSI United Kingdom: Boosting broadband in the North East

    Source: Scottish Government

    More than 60,000 homes and businesses to benefit from Project Gigabit rollout.

    Around 63,000 more premises in the North East of Scotland will be able to access gigabit-capable broadband following the award of a contract to deliver the Project Gigabit rollout in the area.   

    The £105 million contract, funded by the UK Government and procured and delivered by the Scottish Government, has been awarded to GoFibre.

    The roll-out will benefit some of the most rural areas in Aberdeenshire, Aberdeen City, Angus, Dundee, Moray, Highland and parts of Perth and Kinross. It will reach locations including Forfar, Glamis and Brechin, to Cullen, Forres and as far west as Castle Stuart near Inverness Airport.  

    The first connections are due to be delivered by Summer 2026.

    The contract is the third to be awarded as part of the Project Gigabit programme in Scotland. It follows a £25 million contract being awarded to GoFibre to benefit around 11,000 premises in the Scottish Borders and East Lothian and a £157 million contract awarded to Openreach to provide access to more than 65,000 premises in the Highlands and Outer Hebrides, together with some of the most hard-to-reach areas across the country. 

    Business Minister Richard Lochhead said:   

    “Fast, reliable broadband is a fundamental building block for Scotland’s economy – and for our society. It’s why we are committed to ensuring connections across the country meet the needs of people and businesses, delivering faster connections to more than a million premises over the last decade.   

    “Project Gigabit will build on and complement the transformational work already being delivered through the Scottish Government’s Reaching 100% programme and I look forward to working with the UK Government, as broadband remains a reserved matter, to ensure we deliver more gigabit-capable connections to rural communities.”   

    UK Telecoms Minister Sir Chris Bryant said:

    “Our investment in North East Scotland will overhaul broadband networks in hard-to-reach areas with slower internet speeds, putting an end to annoying buffering, and creating exciting new opportunities for local businesses and communities.

    “Now the contract is signed, work can begin to deliver internet upgrades that many towns and villages sorely need. It shows how the Prime Minister’s Plan for Change is delivering for people across Scotland, helping to drive economic growth and tear down the UK’s digital divide.”

    GoFibre CEO Neil Conaghan said:

    “This Project Gigabit contract award is a hugely exciting development for the north east of Scotland, and for GoFibre, transforming broadband connectivity across a substantial region of Scotland.

    “As a fast-growing Scottish independent broadband company, GoFibre is committed to improving connectivity in rural and hard-to-reach areas and we cannot wait to get started on this major infrastructure project. Building on the back of our Project Gigabit contract award for the Borders and East Lothian earlier this year, it shows GoFibre is at the heart of rural broadband development in Scotland.”

    Background 

    Project Gigabit was launched by the UK Government to enable hard-to-reach communities to access fast, reliable gigabit-capable broadband. It targets homes and businesses that are not included in broadband suppliers’ commercial plans, reaching parts of the UK that might otherwise miss out on upgrades to next-generation speeds.

    The programme is targeted at premises which fall out with the Scottish Government’s Reaching 100% (R100) programme contracts and commercial activity.   

    Further Project Gigabit contracts will see gigabit-capable broadband delivered to tens of thousands more premises across Scotland.  

    Over £600m is being invested in the Scottish Government’s Reaching 100% (R100) programme, comprising £591m by the Scottish Government, £52m by the UK Government and £53m by BT. This is one of the most ambitious and complex digital infrastructure programmes in Europe which is rolling out connections in some of the country’s most challenging rural locations.     

    Originally conceived as a superfast broadband programme, R100 is now providing a gigabit-capable connection – a speed more than 30 times faster than superfast broadband – in around 99% of cases. Building to some of the hardest-to-reach parts of Scotland, a total of over 85,000 connections have enabled access to faster broadband as a result of R100.       

    MIL OSI United Kingdom –

  • Madhya Pradesh CM wraps up Dubai visit with strong investment pitch and strategic partnerships

    Source: Government of India

    Source: Government of India (4)

    Madhya Pradesh Chief Minister Dr. Mohan Yadav wrapped up his three-day official visit to the United Arab Emirates today, delivering a compelling investment pitch that’s already generating significant interest from global investors. The Chief Minister’s packed Dubai schedule included high-level meetings with UAE government officials, business leaders, and Indian diaspora members,  all focused on positioning Madhya Pradesh as India’s next major investment destination.

    At the ‘Madhya Pradesh Business Investment Forum‘ hosted alongside the Indian Business and Professional Council, Dr. Yadav made his case directly to potential investors. “Madhya Pradesh invites you to invest, with endless possibilities in all sectors,” he declared, highlighting the state’s new business-friendly policies and commitment to adapting to entrepreneur needs. The Chief Minister’s promise? Businesses can launch operations within just thirty days, thanks to a dedicated Investment Facilitation Cell, reduced red tape, and a transparent land allotment system.

    The numbers tell the story. Senior officials outlined the Industrial Policy 2025 and MSME Policy 2025, offering up to fifty percent support on capital expenses, complete stamp duty exemptions, and targeted subsidies across green infrastructure, research and development, exports, and industrial housing. Additional Chief Secretary Sanjay Dubey made a striking claim about the state’s high-tech push into semiconductors, space technology, and deeptech sectors. “On day one, investors in our data center sector can be cash-positive. That’s the kind of policy backing we offer,” he announced, revealing plans for new Centres of Excellence and innovative funding models.

    Consul General of India in Dubai, Satish Kumar Sivan, placed the visit in broader context, calling the India-UAE relationship “one of the most consequential bilateral partnerships in the world today.” He pointed to the dramatic surge in trade since the 2022 Comprehensive Economic Partnership Agreement, emphasizing Madhya Pradesh’s competitive advantages in agriculture, renewables, tourism, and digital economy. New opportunities are emerging too… including Bharat Mart, a logistics platform for Indian small businesses launching in Jebel Ali, and the integration of India’s UPI payment system with the UAE’s AANI network.

    The Chief Minister’s diplomatic offensive included a crucial meeting with UAE Minister of State for Foreign Trade Dr. Thani Bin Ahmed Al Zeyoudi, plus corporate discussions with heavyweights like Emirates, Lulu Group, DP World, Texmas, G42, Sharaf DG, Tata Group, and Gulf Islamic Investments. Dr. Yadav also toured key facilities including the BAPS Hindu Mandir and Dubai Textile City, culminating in a significant MoU signing with Texmas to strengthen textile and industrial collaboration.

    The visit balanced business with community engagement. A cultural and networking event at JW Marriott brought together the Indian diaspora, while a tourism investment roundtable and business forum featured detailed presentations from state officials. “Madhya Pradesh, with its strength in food processing, textiles, green energy, wellness, and startups, is ready to become a hub for global business,” Dr. Yadav concluded, expressing confidence that this visit marks the beginning of a new chapter in UAE-MP economic cooperation.

    The Chief Minister’s Dubai mission appears to have struck the right chord with investors and officials alike, setting the stage for what could be a significant expansion of economic ties between the UAE and one of India’s fastest-growing states.

  • MIL-OSI Russia: The government has identified an organization to ensure the operation and development of the national information exchange service

    Translation. Region: Russian Federal

    Source: Government of the Russian Federation – Government of the Russian Federation –

    An important disclaimer is at the bottom of this article.

    Document

    Order dated July 12, 2025 No. 1880-r

    The Communication Platform company, a subsidiary of the VK holding, will be responsible for the operation and development of the multifunctional information exchange service. An order to this effect has been signed.

    The multifunctional information exchange service is being created on the basis of the recently launched Max platform. The said company is also developing it. The platform provides secure communication in the messenger and access to convenient digital services from the state and business.

    The order was approved as part of the implementation of the provisions of the federal law “On the creation of a multifunctional information exchange service and on amendments to certain legislative acts of the Russian Federation”, which was signed by the President at the end of June 2025.

    Please note: This information is raw content obtained directly from the source of the information. It is an accurate report of what the source claims and does not necessarily reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News –

  • MIL-OSI Africa: Implats’ Emma Townshend to Speak at African Mining Week (AMW) Amidst Platinum Group Metals (PGMs) Market Sustainability Drive

    Source: APO – Report:

    .

    Emma Townshend, Executive: Corporate Affairs at South African mining company Implats, has confirmed her participation as a speaker at the upcoming African Mining Week (AMW) 2025, Africa’s premier event for mining stakeholders.

    Townshend will contribute to a high-level panel discussion titled South Africa’s Strategic Influence in the Global Platinum Group Metals (PGMs) Market, showcasing Implats’ role in maintaining South Africa’s dominance in PGMs.

    African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

    Townshend’s AMW participation comes at a time when Implats is strengthening its operations to support long-term growth. In July 2025, the company announced the consolidation of its Impala Platinum and Impala Bafokeng Resources (http://apo-opa.co/3IseQy8) operations in South Africa. This strategic realignment is aimed at mitigating the effects of PGM price volatility, improving operational efficiency and securing sustainable revenue for both Implats and the broader South African economy, which accounts for approximately 80% of global PGM output.

    The company also has an ongoing capital investment program (http://apo-opa.co/4lRpI70) designed to increase production capacity, extend life-of-mines and enhance local beneficiation. Key projects include a R460 million initiative at Impala Bafokeng to counter declining production. The firm is undertaking over $387 million in upgrades to tailings and smelting infrastructure at Zimplats in Zimbabwe. The development of the Mupani Mine in Zimbabwe is expected to increase the company’s annual platinum ore output by 2.2 million tons in 2026 and 3.6 million tons by 2029. Additionally, a R500 million expansion at the Springs Base-Metal Refinery in South Africa aims to strengthen the company’s processing capabilities and operational resilience.

    At AMW, sustainability will also be a major focus of Townshend’s remarks. Implats has set an ambitious target to reduce its carbon emissions by 30% by 2030. As part of this effort, the company signed a five-year power purchase agreement (PPA) (http://apo-opa.co/4ePzKTV) with Discovery Green in January 2025 for the provision of 130,000 MWh of renewable electricity annually to its Springs refinery. The agreement is expected to meet 90% of the refinery’s power needs from 2026, cutting approximately 170,000 tons of greenhouse gas emissions annually. The company is also expanding its renewable footprint with an additional 45 MW solar power plant at Zimplats, complementing the 35 MW facility commissioned at its Selous metallurgical complex in 2024.

    In addition to showcasing operational and environmental initiatives, AMW represents an ideal platform for Townsend to spotlight Implats’ leadership in promoting gender inclusivity in the mining sector. The company has already achieved its 2026 goal of 29% female representation in management and continues to integrate gender equality into its broader growth strategy.

    – on behalf of Energy Capital & Power.

    MIL OSI Africa –