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2025 CIFTIS: Green technology empowers global trade in services

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CIFTIS

BEIJING, CHINA – Media OutReach Newswire – 15 September 2025 – Global trade in services is accelerating its shift toward greener and smarter development, with green technologies and environmental solutions emerging as new growth drivers and creating broader opportunities for international cooperation.

At the ongoing China International Fair for Trade in Services (CIFTIS) in Beijing, new-type energy storage technology, interactive waste-sorting bins, unmanned weed-cutting boats, and a range of other green products and services have attracted wide attention.

Beistar CZ, a Czech company making its debut at CIFTIS, showcased an energy storage technology that converts surplus grid electricity into thermal energy, storing it inside a unit filled with hot air and high heat-resistant material, at a cost about one-fiftieth that of battery storage.

George Jermakov, technology director at Beistar CZ, said he hopes the technology would be “used and useful” in China. “There are no greater opportunities anywhere in the world than in China,” he added, noting that he was impressed by the country’s open business environment, with CIFTIS serving as a good example.

Jermakov also highlighted China’s strong push for sustainability. “There is a great wave in China to go green,” he said. “Many steps have been taken by the government and the people, and they are moving faster and faster toward their goals.”

The 2025 CIFTIS, held in Beijing from Sept. 10 to 14 with the theme “Embrace Intelligent Technologies, Empower Trade in Services,” has drawn nearly 2,000 on-site exhibitors. Participants include representatives from more than 20 of the world’s top 30 countries and regions in services trade.

TestraBin, developed by Australian company Sencity, is an interactive garbage-sorting bin. Equipped with three sensor-fitted slots for different types of waste, the bin is ringed with electronic screens that reward correct sorting with playful animations or digital content such as a basketball dropping through a hoop.

“In the past, a lot of money was spent on public campaigns to encourage people to sort their waste. This product makes the process interactive and fun,” said Wanchen Zhao, vice president of Sencity. “Every time we showcase it in China, people show great interest. Many see it as a glimpse of the next era, where everyday items are infused with more technology and interactivity.”

Chinese companies are also unveiling a wide range of homegrown green innovations at this year’s fair, underscoring the country’s dual role as a major market and an important source of technological solutions for the global green transition.

An unmanned street-sweeping vehicle developed by Beijing Environment Sanitation Group has attracted wide attention at the fair. Equipped with lidar, 360-degree cameras and ultrasonic radar, the vehicle can clean up to 6,000 square meters per hour, equivalent to the workload of six to eight workers.

The group, which provides integrated services ranging from public-space cleaning to waste collection, transportation and treatment, has offered consulting and technical support to countries including Mongolia, Pakistan, Laos, Bangladesh and Chad.

An unmanned weed-cutting vessel, equipped with sharp blades to clear aquatic plants, was also on display at the fair. A smart system embedded in the vessel simulates plant growth to identify the best time for removal, providing a modern solution for aquatic vegetation management.

“For a city of more than 20 million people like Beijing, many of these urban management solutions can be applied to cities elsewhere in the world,” said Chen Nan, a technician with the Beijing Water Science and Technology Institute, which developed the vessel.

Huatong Technology, a one-stop provider of zero-carbon industrial park solutions, also attracted attention at the fair. The Chinese company develops such parks by integrating renewable energy sources like wind, solar and biomass to boost green power use and clean transport, while retrofitting buildings, upgrading equipment and operating a central platform to monitor energy use and cut emissions.

With about 20 years of experience in energy saving and carbon reduction, Huatong Technology has completed over 10,000 projects in China across high-tech zones, industrial and logistics parks, as well as cultural and agricultural parks.

China’s services trade topped 1 trillion U.S. dollars for the first time in 2024. In the first seven months of 2025, it expanded 8.2 percent year on year to nearly 4.58 trillion yuan (about 644.9 billion U.S. dollars), official data showed.

Meanwhile, the trade structure has continued to improve, shifting away from reliance on traditional sectors such as logistics toward more value-added, knowledge-intensive and innovation-driven fields.

“China is at the forefront of major green technologies. It is the low-cost producer of wind, solar, long-distance power transmission and zero carbon power supplies,” said Jeffrey Sachs, chairman of the United Nations Sustainable Development Solutions Network, in a speech at the fair.

Sachs added that the world is facing the urgent challenge of environmental transformation and China can use its global capacity to accelerate the transformation.

 

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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February 6, 2026

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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February 6, 2026

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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February 6, 2026

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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