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Beijing E-Town Builds an Internationally Leading Demonstration City for Embodied Intelligent Robot Industry

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BEIJING, CHINA – Media OutReach Newswire – 28 August 2024 – As a pioneer in high-quality development for the new era, Beijing E-Town (BDA) is seizing the opportunity to lead the development of the embodied intelligent robot industry. The plan is to build a domestically leading and internationally first-class demonstration city for the embodied intelligent robot industry in two steps.

“By the end of 2026, we aim to achieve full coverage of over ten interactive service application scenarios, attract more than 100 innovative enterprises, gather over 1,000 high-end talents, and reach a mass production capacity of 10,000 embodied intelligent robots. By 2030, we plan to create an embodied intelligent robot innovation ecosystem characterized by ‘full-chain layout, full-stack autonomy, and comprehensive empowerment,’ establishing Beijing as a strategic base, a technological origin, an application demonstration, and a main industrial hub for embodied intelligent robots in China,” stated Kong Lei, Deputy Secretary of the Party Working Committee and Director of the Administrative Committee of the Beijing Economic-Technological Development Area (BDA), during the main forum on “Industrial Development” at the World Robot Conference 2024 (WRC 2024) on August 22.

To achieve the development goals of the demonstration city, Beijing E-Town will implement the “Five Priorities” plan. In terms of advancing key technologies, Beijing E-Town will focus on critical areas such as the “brain,” “cerebellum,” and “limbs” of embodied intelligent robots. It will support key enterprises in strengthening collaborative research on disruptive and leading technologies, accelerate the construction of an innovative industrial technology system, and seize the high ground in embodied intelligent robot technology.

To this end, Beijing E-Town will create an internationally competitive embodied intelligent “brain,” supporting robot companies in collaboration with AI enterprises to conduct research on key technologies of general-purpose large models in the field of embodied intelligent robots. It aims to develop an AI-based general-purpose model that integrates perception, decision-making, and control, achieving internationally advanced levels in task decomposition, execution task quantity, parameter quantity, and robot task capabilities.

Simultaneously, it will develop a globally leading motion control “cerebellum,” accelerate the development of full-body dynamics control algorithms for embodied intelligent robots, continuously improve the control accuracy of high-dynamic walking, and focus on breakthroughs in key technologies such as dynamic arm grasping, agile operations, and full-body coordinated motion control. Furthermore, it will expedite breakthroughs in integrated hardware-software visual technology.

Additionally, the initiative will deepen the systematic layout of critical “machine limbs,” engage in specialized R&D on high-strength, high-integration bodies, lightweight skeletons, high-precision sensors, and more to achieve internationally leading performance parameters. It will focus on critical components like high-performance dedicated chips, servo motors, and reducers to accelerate core technology breakthroughs, continuously improve the technical innovation system, build an efficient collaborative joint research mechanism, and encourage leading enterprises to form innovative consortia, leading upstream and downstream institutions in collaborative research.

Regarding core product advancements, Beijing E-Town will prioritize key products such as whole machines, core components, and software systems, accelerating the industrialization breakthrough of several essential foundational products, and constructing a three-dimensional product matrix of “whole-zero coordination” and “software-hardware integration.” In April this year, the general-purpose humanoid robot platform “Tiangong” was launched in Beijing E-Town, achieving the world’s first humanoid running with a full-sized pure electric humanoid robot.

Continuing to lead the industry, Beijing E-Town aims to develop high-performance whole machine products, establish the world’s first general-purpose embodied intelligent robot “hardware mother platform” and the first multi-capability embodied intelligent “software mother platform.” It will focus on typical fields such as 3C electronics manufacturing and new energy vehicle production, encouraging leading enterprises to develop low-cost interactive, high-precision, and high-reliability embodied intelligent robot whole machine products for extreme environments.

Moreover, it will guide enterprises in focusing on key components such as dedicated sensors, high power density actuators, controllers, and dedicated chips. Additionally, leveraging the leading role of the innovation highland in the information technology application innovation industry, it will develop a specialized operating system for embodied intelligent robots, and expedite the industrialization breakthrough of several essential foundational products.

From innovative achievements to practical implementation, application scenarios have always been a strong suit of Beijing E-Town. At the Xiaomi automobile factory, over 700 robots serve on the production line, and the country’s first certified AI catering robot has been deployed on the streets; the waterjet surgical robot won the 2024 World Intellectual Property Organization Global Award… “Robotics+” has become the norm here.

Moving forward, Beijing E-Town will advance the “first in application scenarios” strategy, leveraging its strong manufacturing base and diverse industrial application scenarios. It will explore the establishment of a composite layout for embodied intelligent robot applications in urban and industrial settings, take the lead in opening a batch of innovative application scenarios, continuously promote the matching of supply and demand in these scenarios, create a permanent robot exhibition hall, and build a city-level engineering test field. By increasing incentives for first-time applications and solutions, Beijing E-Town aims to provide strong support for the rapid deployment of “embodied intelligent robot+” application scenarios.

The area will precisely identify the needs of various fields such as manufacturing, livelihood, special equipment, and more, conducting application demonstrations in “embodied intelligent robots + industry,” “embodied intelligent robots + elderly care,” “embodied intelligent robots + emergency response,” “embodied intelligent robots + education and entertainment,” and “embodied intelligent robots + specialized fields.”

In terms of “leading” in the corporate hierarchy, Beijing E-Town will focus on nurturing leading enterprises in the embodied intelligent robot industry, supporting a group of companies that play a leading role in the embodied intelligent robot industry chain. It will gather leading enterprises with core technologies and independent intellectual property rights and cultivate innovative small and medium-sized enterprises (SMEs), promoting the integrated development of large, medium, and small enterprises and fostering the growth of embodied intelligent robot companies.

Beijing E-Town will also implement an “industry ecosystem pioneering” plan, closely aligning with the entire development needs of the industry chain, enhancing data, platforms, services, and capital resources, and continuously creating an environment that attracts talent from near and far. The goal is to build the largest and most information-dense open-source embodied intelligent dataset in the industry, a phased open-source sharing model, and a “rainforest-style” full-industry-chain ecosystem for embodied intelligent robots characterized by “resource coordination, element aggregation, and innovative collaboration.”

Kong Lei explained that, as the permanent venue for the World Robot Conference, Beijing E-Town has established the “Five Ones” working mechanism: “one park, a batch of platforms, one center, one fund, and a group of talents,” to accelerate the construction of a national hub for the robotics industry.

At last year’s World Robot Conference, Beijing E-Town released a three-year action plan for high-quality development of the robotics industry. Guided by this plan, Beijing E-Town has accelerated the aggregation of innovative elements, significantly improved innovation capabilities, fully released innovative vitality, and continuously strengthened innovation entities.

To date, it has more than 100 robot ecosystem enterprises, over half of which are specialized and innovative enterprises, with a total output value of nearly 10 billion yuan, accounting for 50% of the city’s robotics industry. It has achieved independent control over key components such as precision reducers and high-performance servo starters and made innovative breakthroughs in products like specialized intelligent drilling machines.

Particularly in the embodied intelligent robot industry, Beijing E-Town has focused on building high-energy innovation platforms represented by the Beijing Embodied Intelligence Robot Innovation Center and has established leading companies such as UBTECH, along with key component companies like Chietcom, Tsino-Dynatron, and Lingzu Times, essentially forming a complete embodied intelligent robot industry chain that covers core components, main bodies, and applications.

Kong Lei stated that as the main hub for high-end industries in Beijing, Beijing E-Town has established the “44637” development framework, which includes four national strategies as its guidance (focused on building a national highland for the integrated circuit industry, continuously creating the world’s first high-level autonomous driving demonstration zone, constructing a high-quality national information technology application innovation base, and establishing the country’s first data infrastructure pilot zone at a high standard). It also consolidates and strengthens four leading industries (new-generation information technology, new energy and intelligent connected vehicles, biotechnology and big health, robotics and intelligent manufacturing), comprehensively deploys six future industries (future information, future health, future manufacturing, future energy, future materials, and future space), enhances three integration empowerments (digital-physical integration, industrial-financial integration, and cultural-scientific integration), and builds seven support systems (industrial organization, innovation cultivation, resource guarantee, talent services, open collaboration, urban vitality, and party leadership).

Moving forward, Beijing E-Town will consistently adhere to the principle that “what the country needs is what E-Town will do, what enterprises need is what E-Town will facilitate, and what talent needs is what E-Town will provide.” With a more open stance, more precise policies, more efficient services, higher-quality ecosystems, and a more sustainable environment, Beijing E-Town aims to provide comprehensive, full-process, and all-element support for talent investment, business development, and enterprise innovation.

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Verdant Capital Hybrid Fund completes an additional investment of USD 4.5 million in LOLC Africa

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The investment will support LOLC’s global expansion strategy in Africa, by financing MSMEs, thereby fostering financial inclusion, employment creation, income generation, and economic growth

Verdant Capital (www.Verdant-Cap.com) is pleased to announce that its Verdant Capital Hybrid Fund (the “Fund”) has completed an additional investment of USD 4.5 million in LOLC Africa Singapore Limited (“LOLC Africa”). This investment brings the total investment in LOLC Africa to USD 13.5 million. This follows the initial investment of USD 9 million in LOLC Africa, completed in June 2023. Both investments are structured as holding company loans, and they are being directed towards LOLC Africa’s operating lending subsidiaries in Zambia, Rwanda, Egypt, Kenya, Tanzania, Nigeria, Malawi, Zimbabwe, Ghana, and the Democratic Republic of Congo.

Founded in 1980 in Sri Lanka, LOLC entered the African continent in 2018. Verdant Capital Hybrid Fund is the first external investor in LOLC Africa’s operations, reflecting the Fund’s catalytic investment approach. These investments are driving the expansion of LOLC Africa’s micro, small and medium enterprises (MSMEs) financing footprint across the continent. Additionally, the Fund’s Technical Assistance Facility (TAF), has offered financial support for LOLC Africa’s Social Ratings and Client Protection Pre-Certifications for its subsidiaries in Zambia and Egypt, with further Technical Assistance initiatives in the pipeline.

LOLC is recognised as one of the top-performing global microfinance groups, and the Fund’s investment aligns with its strategy of picking the top performers in each theme or category. LOLC’s business model focuses on the “bottom of the pyramid”, increasing access to MSME financing and customer deposits, thereby advancing it financial inclusion objectives.

The Fund’s investment will provide LOLC Africa with more funding to support and expand the lending activities of its existing subsidiaries in Africa, primarily targeting MSMEs. Furthermore, the investment will strengthen the capital bases of the existing and potentially new subsidiaries in Africa. LOLC’s expansion of the MSME lending model is not only about pursuing its commercial ambition but is also a commitment to sustainable and socially responsible growth. By extending tangible benefits to those communities at the bottom-of-the-pyramid, LOLC Africa promotes financial inclusion, job creation, income generation, and overall economic growth.

This investment represents a diversified exposure to multiple African markets as LOLC continues to scale its operations. The Fund’s investment is also yielding a return aligned with the Fund’s return target, reinforcing the value of supporting high-impact financial inclusion initiatives in emerging markets.

Suits & Advisors (“S&A”) acted as an advisor to LOLC on this transaction.

Distributed by APO Group on behalf of Verdant Capital

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Ghana’s Downstream Regulator Joins Accra Investor Briefing to Advance Value Chain

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The Accra Investor Briefing will share insights into Ghana’s petroleum industry ahead of the African Energy Week: Invest in African Energies conference this September

ACCRA, Ghana, April 7, 2025/APO Group/ –With a goal to increase the share of liquefied petroleum gas (LPG) to 50% of the market by 2030, Ghana’s downstream regulator the National Petroleum Authority (NPA) is promoting private-led investment across the petroleum value chain. Strengthened policies and technology-driven strategies are already bolstering downstream productivity, but the NPA is seeking greater investment to strengthen fuel security and distribution across West Africa.

During the Invest in African Energies: Accra Investor Briefing on April 14, 2025, taking place at the Kempinski Hotel, the NPA’s CEO Godwin Kudzo Tameklo will outline strategies being implemented by the authority to strengthen the downstream value chain in Ghana. Tameklo is expected to highlight ongoing efforts to attract investment in downstream projects, while sharing an update on the country’s developments such as the Integrated Petroleum Hub, LPG expansion and broader infrastructure advancements.

As the downstream regulator, the NPA manages the importation and refining of crude in Ghana as well as the sale, marketing and distribution of refined petroleum products across the country. The NPA works to position the downstream sector as both a major contributor to domestic product growth and catalyst for long-term economic growth in Ghana. By leveraging technology and growth-centered policy, the NPA has led the growth of Ghana’s downstream industry.

With increased investment, Ghana stands to play a major part in enhancing fuel security across the broader West African region

In April 2024, the country witnessed a 15.4% growth in petroleum consumption, reaching 1,641 kilotons compared to 2023, as well as a 9% rise in gasoline consumption, reaching 588.5 kilotons. In 2024, LPG consumption also witnessed a surge, rising 7.25% throughout the year to reach 340 million liters. An increase in the adoption of LPG was largely attributed to the promotion of the Cylinder Recirculation Model by the NPA – a distribution system implemented in 2023 that allows residents and commercial consumers to utilize LPG through cylinder exchange. LPG adoption rose from 28.9% in 2010 to 60% in 2023, with LPG usage increasing from 18.2% in 2010 to 44.1% in 2023. Strategic LPG projects include the Puma Energy-owned LPG bottling plant in Tema – a $6 million facility with the capacity to deliver 1,200 cylinders per hour. A second plant is being developed by the Ghana Cylinder Manufacturing Company, with a capacity of 150 million cubic feet per day.

To further strengthen distribution, the NPA is leveraging innovative technology and policies that enhance efficiency and profitability across the downstream sector. These include the introduction of a new transparent automatic price adjustment formular, transitioning from an annual regulated pricing model; a zero-tolerance policy for toxic fuel and an increase in low sulphur fuels; as well as technology-based mechanisms such as the petroleum marking scheme, bilk road vehicle tracking project, electronic cargo tracking system and enterprise relational database management software. These mechanisms support efficient monitoring and ensure optimized quality and quantity of petroleum products in Ghana.

Beyond domestic petroleum distribution, Ghana is strengthening regional exports. In 2024, the NPA signed an agreement with Senegal and The Gambia to enhance petroleum product exports. Ghana already exports petroleum to regional neighboring, including Mali, Niger, Burkina Faso, Ivory Coast and Togo. According to the NPA, the volume of petroleum exports to regional countries from Ghana amounted to 385,154,100 liters. Over 5,000 service providers are registered in Ghana, delivering over four million metric tons of petroleum products annually.

“Ghana is a strong example of the role natural gas and associated LPG production plays in Africa. Through targeted policies, technology-driven mechanisms and a commitment to low-cost, reliable fuels, the NPA is leading the charge towards a more sustainable future in West Africa. With increased investment, Ghana stands to play a major part in enhancing fuel security across the broader West African region,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber

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APO Group Revolutionises Press Release Distribution by Integrating Telegram, Boosting Mobile Accessibility Across Africa

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APO Group is committed to ensuring that Africa’s stories are shared even more widely and in a manner that is convenient to the continent’s growing mobile population of journalists and news consumer

JOHANNESBURG, South Africa, April 7, 2025/APO Group/ –APO Group (www.APO-opa.com), the award-winning pan-African communications consultancy and press release distribution service, is pleased to announce the integration of Telegram, the popular mobile instant messaging service, into its press release distribution channels. This exciting new development, which sees the company’s press releases available on the mobile app, further cements APO Group’s position as Africa’s premier digital PR and communications firm, with unmatched reach and engagement in the online space.

With an annual dissemination rate of over 10,000 press releases to more than 250 news websites and 450,000 journalists and bloggers across the continent and globally, APO Group is committed to ensuring that Africa’s stories are shared even more widely and in a manner that is convenient to the continent’s growing mobile population of journalists and news consumers.

Telegram gives these users direct access to the press releases published on APO Group’s www.Africa-Newsroom.com platform, enabling them to instantly share relevant real-time updates and exclusive content with their target audiences. Like the web platform, Telegram subscribers can choose their preferred language channel – English, Arabic, French, or Portuguese – providing bespoke, tailored access to APO Group’s press releases in mobile format.

With close to 53 million downloads (https://apo-opa.co/3FWfLWh) in Europe, the Middle East, and Africa in 2024, Telegram has rapidly gained traction amongst the region’s users, fundamentally transforming how news is consumed. Incorporating Telegram into its already comprehensive press release distribution channels supports APO Group’s vision of delivering state-of-the-art communications solutions for Africa and the world.

“At APO Group, we’re not only committed to sharing positive and compelling narratives about the African continent; we also want to make it as easy as possible for journalists to republish our content, enhancing exposure for our clients through a channel that is widely accessible and easy to use, with an unlimited audience size. Tailored functionality ensures that information is relevant, topical, and presented in a user-friendly manner,” explained APO Group CEO Bas Wijne.

Innovation and digitalisation are key focus areas for us at APO Group when it comes to enhancing our press release distribution services

“Innovation and digitalisation are key focus areas for us at APO Group when it comes to enhancing our press release distribution services. Telegram presents us with a unique opportunity to further enrich our advanced distribution service, offering journalists a wider range of options to access and share Africa’s stories. This aligns with how the market is evolving, how users are evolving, and how the mobile market is growing.”

In addition to its comprehensive online Africa Newsroom press release distribution platform and the newly launched Telegram mobile news-sharing channel, APO Group is working to provide additional innovative mobile solutions to its clients and the African media in the near future, broadening distribution options even further.

Subscribe to APO Group’s Africa Newsroom Telegram channels using the following links:

English: https://t.me/Africa_Newsroom

French: https://t.me/Africa_Newsroom_FR

Arabic: https://t.me/Africa_Newsroom_AR

Portuguese: https://t.me/Africa_Newsroom_PT

Distributed by APO Group on behalf of APO Group

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