Connect with us

Business

CGTN:G20 pushes for global cooperation to eradicate hunger and poverty

Published

on

G20 Summit

BEIJING, CHINA – Media OutReach Newswire – 13 November 2024 – The first-ever Global Alliance Against Hunger and Poverty will be officially launched at the upcoming 19th G20 Summit in Rio de Janeiro, marking a further step towards the goal of eliminating extreme hunger worldwide by the United Nations’ 2030 deadline.

The nascent initiative was pre-launched by Brazilian President Luiz Inacio Lula da Silva at the Ministerial Meeting of the G20 Task Force in July 2024. The idea for this initiative was proposed at the previous G20 summit by Lula, who stated that eradicating hunger and poverty is one of the three central tasks of Brazil’s G20 presidency. 

Due to factors ranging from natural disasters to regional conflicts, the poverty issue has become increasingly noticeable in recent years. Between 713 and 757 million people may have faced hunger in 2023, meaning one in every 11 people in the world, according to the annual report on the State of Food Security and Nutrition in the World released by the UN’s Food and Agriculture Organization in July.

The report highlights a clear trend of rising undernourishment in Africa, while progress is being made in Latin America and the Caribbean. It also showed that the prevalence of undernourishment in Brazil fell to 3.9 percent in 2023, marking the first year of Lula’s new administration.

At the ministerial meeting, Lula stated that nothing in the 21st century is as absurd and unacceptable as the persistence of hunger and poverty, adding that addressing this issue through the global alliance is a priority for Brazil’s G20 presidency.

Amid the ongoing hunger crisis worldwide, especially in developing countries, the upcoming G20 summit – where eradicating hunger and poverty is one of the top priorities – is expected to be of great practical significance.

Xu Feibiao, director of the Center for BRICS and G20 Studies at the China Institutes of Contemporary International Relations, stated that the G20 summit could provide global solutions, noting that both Brazil and China have made significant achievements in the fight against hunger and poverty.

In 2023, Lula launched the Brazil Without Hunger program. With 20 different actions and projects, the program, which has a total investment of more than $70 billion, reduced the number of people in Brazil suffering from severe food insecurity from 33 million to 8.7 million in just one year, said Valeria Burity, special secretary of the Ministry of Social Development and Assistance, Family and Fight against Hunger of Brazil, in an interview with a Chinese news portal in November.

China has not only achieved its goal of eliminating extreme poverty by 2020, improving the living standards of hundreds of millions of people over decades of development, but it has also contributed to helping other countries, particularly developing ones, fight poverty. This has been done through initiatives like the Belt and Road Initiative and the Global Development Initiative, which provide advanced agricultural technology and cooperation projects aimed at eradicating poverty and improving local well-being.

For example, under the Belt and Road Initiative, China has supported numerous infrastructure projects, including the Hungarian-Serbian Railway, the China-Laos Railway and the Chancay Port project in Peru. These projects not only enhance local transportation but also create jobs and boost residents’ incomes.

“China’s poverty eradication model and experience can provide strong support for relevant G20 programs,” Xu said.

Echoing Xu, Fernando Brancoli, an international relations expert from the Federal University of Rio de Janeiro, told China Media Group that from the perspective of poverty alleviation, the G20 Rio Summit offers an ideal platform for Brazil and China to cooperate. The two countries continue to lead global efforts to reduce poverty by showcasing their respective poverty alleviation experiences, tailored to their national conditions and proven effective.

In addition to offering global solutions based on experiences from China and Brazil, Xu noted that sustainable development has been a key agenda for the G20, with eliminating hunger and poverty being an integral part of this agenda.

Xu pointed out that G20 members, which represent the world’s largest developed and developing economies, account for more than 80 percent of global GDP. “Once the G20 members reach consensus and put forward solutions, the G20 can be a key propeller for global consensus and action against hunger and poverty,” he said.

Hailing the Global Alliance Against Hunger and Poverty as a critical first step in global action, Xu stated that the upcoming G20 summit is expected to launch initiatives, plans and roadmaps for combating hunger and poverty, integrating them with the broader agenda on health, education, infrastructure, financial inclusion, and other key issues to create more feasible and comprehensive solutions.

Brancoli emphasized that the global alliance will bring together global funds, resources and poverty reduction experience to jointly support the global poverty reduction cause.

Acknowledging that there will be some differences between countries in addressing this issue, Xu remarked that while it is impossible to solve it overnight, the G20 has prioritized it as a top issue, signaling that there is light at the end of the tunnel.

https://news.cgtn.com/news/2024-11-10/G20-pushes-for-global-cooperation-to-eradicate-hunger-and-poverty-1yq3GnCUfGo/p.html

Business

RIOT Network and MediaTek collaboration expands digital access in South Africa through innovative, community-driven Wi-Fi solutions

Published

on

MediaTek

RIOT Network aims to make fast, unlimited Wi-Fi services accessible for people in townships and underserved communities

JOHANNESBURG, South Africa, November 22, 2024/APO Group/ — 

MediaTek (www.MediaTek.com), a global fabless semiconductor company powering nearly 2 billion connected devices a year, and RIOT Network (https://RIOT.Network), a community mobile broadband provider in South Africa, have announced the successful integration of Mediatek’s Filogic 830 (https://apo-opa.co/3CIbkNl) chipset into RIOT’s second-generation CROWDNet Core Nodes.

The successful deployment of the CROWDNet nodes has enabled RIOT Network to achieve its aim of offering uncapped internet at an affordable price of R99 per month, and to do so profitably. To date, RIOT Network, in partnership with Sonke Telecommunications, has leveraged the nodes to connect more than 800 households and 5000 users in Olievenhoutbosch to uncapped Wi-Fi services.

RIOT Network aims to make fast, unlimited Wi-Fi services accessible for people in townships and underserved communities. Its CROWDNet Nodes, enable an innovative model for deploying user-operated network infrastructure. Community members serve as operators of some of the core network devices to earn a share of the fee from neighbours who use the service.

With each new connection, RIOT Network is highlighting the role of innovative fixed-wireless solutions in extending broadband access and improving digital inclusivity

CROWDNet powered by MediaTek Filogic 830 brings affordable, last-kilometre broadband to communities where it is not commercially viable to deploy towers or fibre. The MediaTek Filogic 830 is a high-performance SoC for routers, repeaters, access points and mesh networking devices. The SoC enables device makers to build-in powerful applications based on an energy-efficient, Wi-Fi 6-ready platform.

“The Mediatek’s Filogic 830 chipset delivers a unique balance of high performance and cost-efficiency, allowing us to keep operational costs low while maximising network reliability and speed,” said Jarryd Bekker, CEO at RIOT Network. “This combination of affordability and sustainable business growth is pivotal to our vision of expanding digital access in underserved communities. Our work in Olievenhoutbosch near Centurion demonstrates the power of reliable, affordable internet, creating new opportunities for economic and social engagement.”

“With each new connection, RIOT Network is highlighting the role of innovative fixed-wireless solutions in extending broadband access and improving digital inclusivity,” said Rami Osman (https://apo-opa.co/4ghZBUn), Director for Business Development, MediaTek Middle East and Africa. “We look forward to supporting RIOT in building a future where high-quality internet is accessible and impactful for all.”

Distributed by APO Group on behalf of MediaTek Inc

Continue Reading

Business

African Energy Chamber (AEC) Endorses Inaugural Congo Energy & Investment Forum, Catalyzing Growth in the Republic of Congo’s Energy Sector

Published

on

African Energy Chamber

The African Energy Chamber proudly supports the inaugural Congo Energy & Investment Forum, scheduled for March 25-26, 2025 in Brazzaville

BRAZZAVILLE, Republic of the Congo, November 21, 2024/APO Group/ — 

The African Energy Chamber (AEC), as the voice of Africa’s energy sector, proudly supports the inaugural Congo Energy & Investment Forum (CEIF), set to take place in Brazzaville on March 25-26, 2025. Unveiled during African Energy Week: Invest in African Energies in Cape Town by the Republic of Congo’s Ministry of Hydrocarbons, this milestone event signals the nation’s commitment to strengthening its role as a key energy player on the continent, while showcasing a range of investment opportunities. 

Under the leadership of Hydrocarbons Minister Bruno Jean-Richard Itoua, the Republic of Congo has emerged as sub-Saharan Africa’s fourth-largest oil producer, with anticipated production of 280,000 barrels per day (BPD) by the end of 2024 and ambitions to reach 500,000 BPD within three to five years. Building on this momentum, the CEIF will highlight innovative projects and foster strategic partnerships that enhance investment, drive economic growth and position the Congo as a leader in Africa’s energy expansion.

Meanwhile, Société Nationale des Pétroles du Congo (SNPC), led by CEO Maixent Raoul Ominga, is spearheading the Congo’s energy growth. SNPC holds a majority stake in the Mengo Kundji Bindi II permit, with 2.5 billion barrels of estimated oil potential. The company is developing the site through 13 wells, 3D seismic data acquisition, and the construction of six production platforms. 

We are honored to secure the Chamber’s endorsement for this pivotal forum

With the Chamber’s official support, the CEIF is set to attract government leaders, C-suite executives from major IOCs and energy experts, who will offer critical insights into Congo’s oil, gas and energy sector developments. The country is overhauling its gas sector to unlock 10 trillion cubic feet of resources through a comprehensive Gas Master Plan and new Gas Code that introduces favorable fiscal terms and enables small-scale project development, as well as large-scale, integrated gas megaprojects like Eni’s Congo LNG and Wing Wah’s Bango Kayo. 

“The Congo Energy & Investment Forum marks a major milestone for the country, amplifying its strategic energy initiatives and showing industry stakeholders that it is serious about advancing its energy sector. We look forward to supporting this forum, which promises to connect investors, drive impactful partnerships and elevate the Congo’s position within Africa’s energy sector,” says NJ Ayuk, Executive Chairman of the AEC.  

“We are honored to secure the Chamber’s endorsement for this pivotal forum, which, through its vast network and influence, will help attract key stakeholders and decision-makers to the event. Together, we aim to highlight the immense potential of the Congo’s energy sector, foster strategic partnerships and drive transformative investments that contribute to sustainable growth across the industry,” notes James Chester, CEO of Energy Capital & Power, organizers of the CEIF.   

This premier forum provides a unique platform for connecting local and international investors with high-impact opportunities across a diversified range of energy projects, paving the way for collaborations that drive growth and transformation. The AEC’s endorsement underscores its commitment to fostering strategic partnerships, sustainable investment and regional cooperation, aligning with its broader mission to make energy poverty history across the continent by 2030.  

As the energy industry continues to serve as a critical pillar of the Congolese economy and a catalyst for sustainable development, the AEC remains dedicated to supporting initiatives like CEIF that foster progress, investment and partnerships across the African energy landscape. 

For more information, please visit www.CongoEnergyInvestment.com

Distributed by APO Group on behalf of Energy Capital & Power.

Continue Reading

Business

Any Successful African Energy Policy at Conference of the Parties (COP) or Anywhere Must Have Oil and Gas at its Core (By NJ Ayuk)

Published

on

Conference of the Parties

Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels

Egalement disponible en Français

JOHANNESBURG, South Africa, November 21, 2024/APO Group/ — 

By NJ Ayuk, Executive Chairman of the African Energy Chamber (www.EnergyChamber.org).

I believe the ultimate responsibility for getting there is ours and no one else’s. Yes, we need partners to walk alongside us, but the success of our energy movement rests on African shoulders.

To begin with, I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals.

This will be particularly important in COP29 in Baku. It is imperative that African leaders present a unified voice and strategy for African energy transitions. We must make Africa’s unique needs and circumstances clear and explain the critical role that oil and gas will play in helping Africa achieve net-zero emissions in coming decades.

I would encourage African leaders to talk about the need for financing, as well, to make it possible for us to adopt renewable energy sources and set up the necessary infrastructure. Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels.

Africa’s governments have a role to play in a successful African energy movement as well.

Because Africa’s energy industry still can benefit greatly from the presence of international oil companies, our government leaders need to approve contracts with oil and gas companies promptly instead of allowing red tape to delay projects after discoveries are made.

And, they need to offer the kinds of fiscal policies that allow oil companies to operate profitably in Africa. In turn, that will help those companies generate revenue, create jobs and business opportunities, and foster capacity building.

I also would encourage governments and civil societies to reward companies that exemplify positive behavior. Let’s incentivize the kind of activities we want, from creating good jobs and training opportunities to sharing knowledge.

I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals

And there’s more.

We in Africa must work together to create more opportunities for women to build careers in the oil and gas industry at all levels. Our energy industry can’t reach its potential to do good when half of our population is left out. Our progress on behalf of women has not been great—We need to do better, and we need to act quickly.

How the world can support

Now, I mean it when I say Africans are responsible for building the future they want. But, I would love to see Western governments, businesses, financial institutions, and organizations support our efforts.

How? They can avoid demonizing the oil and gas industry. We see it constantly, in the media, in policy and investment decisions, and in calls for Africa to leave our fossil fuels in the ground. Actions like these, even as Western leaders have pushed OPEC to produce oil, are not fair, and they’re not helpful.

I also would respectfully ask financial institutions to resume financing for African oil and gas projects and stop attempting to block projects like the East African Crude Oil pipeline or Mozambique’s LNG projects.

Please understand that with the war in Ukraine, the energy crisis in Europe, and the energy poverty facing our continent, our countries, like many others, are simply choosing the paths they believe are most likely to help their people.

You know, people for years have accused me of loving oil and gas companies more than Africa. The opposite is true. In my frequent travels around the continent, I’ve observed far too many young people with little in the way of opportunities.

I know our young people have aspirations for a better future. I know they have big dreams. And, I know that future is nearly within their grasp.

A thriving, strategically managed energy industry can make it possible for many of these young people, whether it leads to good jobs or it fosters the kind of economic growth that creates jobs in other fields. Even if we only get the lights on in their communities, we’ll be giving our young people hope and improving their chances of realizing their goals.

This is what drives me, the idea that with our ongoing efforts and determination, our young people can realize meaningful opportunities. I encourage each of you to work with us at the African Energy Chamber, in a spirit of cooperation and mutual respect. Together, we can build the kind of African energy movement that our continent, our communities, and our young people need and deserve.

Distributed by APO Group on behalf of African Energy Chamber.

Continue Reading

Trending