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Conclusions of the 29th session of United Cities and Local Governments of Africa’s Executive Committee in Kisumu

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Ibrahim Saber Khalil

Members received from the Deputy Governor Of Cairo, Mr. Ibrahim Saber Khalil, the assurance that Africities 2025 in Cairo will follow in the footsteps of Kisumu

KISUMU, Kenya, June 9, 2023/APO Group/ — 

The 29th ordinary session of the Executive Committee of United Cities and Local Governments of Africa (UCLG Africa) (http://www.UCLGA.org) took place on June 3rd 2023, at Ciala Resorts in Kisumu (Kenya).

The proceedings were led by Mrs. Fatimetou Abdel Malick, President of the Region of Nouakchott (Mauritania) and President of UCLG Africa, in the presence of 12 of the 18 members of the Executive Committee.  In her introductive speech, she expressed her joy « to return to Kisumu, the city that hosted the last Africites Summit during which the current members of the Executive Committee of UCLG Africa were elected. We can never thank enough the Governor of Kisumu County, The Council of Governors of Kenya and the Government of Kenya, for the quality of the welcome we received at the Africities Summit and for the resounding success of this 9th edition of the Summit with over 13,000 delegates, a participation record broken, even though the Summit was being held in an intermediate city for the very first time. Once again, thank you and bravo! ».

Governor of Kisumu, Prof. Peter Anyang’ Nyongo’o, welcomed participants and particularly, the Deputy Governor of Cairo : « This meeting brings back nostalgic feelings when the family of decentralized governments gathered here last year for the Africities conference. It is indeed a privilege and honor for this honorable Committee to have chosen Kisumu for this 29th Session. Let me take this opportunity to recognize in a special way, the Deputy Governor of Cairo Governorate who are the flag bearers for the next Africities to be held in 2025 ».

Members received from the Deputy Governor Of Cairo, Mr. Ibrahim Saber Khalil, the assurance that Africities 2025 in Cairo will follow in the footsteps of Kisumu.

The 29th session of the Executive Committee was mainly devoted to the approval of the 2022 financial accounts of the organization and review the implementation of the 2023 UCLG Africa action plan in consistency with the 2021-2030 development strategy of UCLG Africa, also known as the Governance, Advocacy Program for Decentralized Development in Africa (GADDEPA 2.0).

The Executive Committee adopted the 2022 financial report and audit accounts of the organization, and gave discharge to the Secretary General of UCLG Africa, Mr. Jean Pierre Elong Mbassi, for the management of the financial year 2023.

This meeting brings back nostalgic feelings when the family of decentralized governments gathered here last year for the Africities conference

On the Climate Agenda, the Executive Committee acknowledged with satisfaction that UCLG Africa has succeeded to put subnational and local governments on the map as far as climate action is concerned. In fact, UCLG Africa is from now on the representative of subnational and local governments on the implementation platform of the Africa Ministerial Conference on Environment (AMCEN) and delivery partner of the Green Climate Fund (GCF). Also UCLG Africa  has  partnered with the African Ministerial Conference on the Environment (AMCEN) and the Pan African Climate Justice Alliance (PACJA) to launch the “African Green Climate Finance National Designated Authorities Network” (AfDAN). For the first time also, at the Biodiversity COP15 in Montreal, UCLG Africa has succeeded in carrying the voice of African subnational and local governments in the debates on the implementation process of the post-2020 global biodiversity framework, integrating the Nagoya protocol on access and sharing of genetic resources. 

Concerning the Agenda of Culture, UCLG Africa led a series of events in the framework of the celebration of Rabat, African Capital of Culture, organized under the High Patronage of His Majesty, King Mohammed VI. The activities of the celebration were implemented within the framework of a collaboration between the Ministry of Youth, Culture and Communication of Morocco, the City of Rabat, and UCLG Africa. Among more than hundred activities, three very relevant were mentioned: In partnership with the Movement of Creative Africas (MOCA), a major festival gathered over 40 representatives of networks of professionals of Cultural and Creative Industries (CCIs) to reflect on the present and future of CCIs; a Forum of Mayors and Leaders of Local governments on Culture that brought together over 100 delegates, and during which the City of Lagos, Nigeria, applied to be the second African Capital of Culture. The deadline for African cities to submit their candidacy is on June 30th, 2023, and the designation of the African Capital of Culture by the competent UCLG Africa bodies will take place at the end of July 2023; the Meeting of African Ministers of Culture that gathered 30 ministerial delegations, and promised to share the resolutions adopted to the African Union Specialized Technical Committee on Culture during its meeting which took place in Addis Ababa, Ethiopia, on 24-26 May 2023. Delegates that participated in these different events praised the instrumental and facilitating role played by UCLG Africa in the organization of the celebration of Rabat, African Capital of Culture, and for its effort to have culture recognized as the fourth pillar of sustainable development beside the economic, social and environmental pillars.

The Executive Committee also acknowledge progress made in the implementation of the Africa Territorial Trade and Investment Agency (ATIA), the vehicle set up to facilitate  access of subnational and local governments to the capital market. 

The Executive Committee further approved the organization of annual or biennal exhibitions and conferences on the mandates of subnational and local governments and their proposed venues as following: (1) in the City of Tangiers, Morocco, for the Exhibition and Conference on the management of mobility, urban transport and logistics in African cities (TRANSLOG), the first edition to take place in October 2023; (2) in the City of Kisumu, Kenya, for the Exhibition and Conference on the management of Basic Education in African cities, in January 2024;  (3) the City of Cairo, Egypt, for the Exhibition and Conference on Waste management in African cities, in February 2024; (3) again in the City of  Cairo, Egypt, for the Exhibition and Conference on the management of Water and Sanitation services, in May 2024.

A presentation of the partnership between the African Export-Import Bank (Afreximbank) and UCLG Africa, was made. The goal of this MoU is to improve the level of investments at the sub-sovereign level of governance. The Executive Committee appreciated this initiative and indicated that the Africa Territorial Trade and Investment Agency (ATIA) form integral part of the activities to be implemented under the MoU between Afreximbank and UCLG Africa.

This 29th session of UCLG Africa Executive Committee registered the participation for the first time of the network of the Young Elected Local Officials of Africa (YELO), whose Constitutive Assembly was held in Tangier On October 31, 2022.

As a reminder, the Executive Committee of UCLG Africa is the body in charge of the political leadership of the organization. The Executive Committee is composed of 18 members, 15 members elected by the General Assembly of UCLG Africa (3 for each of the 5 regions of Africa), and 3 members ex-officio, namely, the President of the Network of Locally Elected Women of Africa (REFELA) which is the UCLG Africa Standing Committee for Gender Equality; the President of the Forum of the Regions of Africa (FORAF); and the President of the network of the Young Elected Local Officials of Africa (YELO).  

Distributed by APO Group on behalf of United Cities and Local Governments of Africa (UCLG Africa).

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Afreximbank Posts Robust Q1 2026 Results with 25% Growth in Net Income and Improved Profitability

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Afreximbank

The results demonstrate continued resilience, disciplined balance sheet management and strong deal execution despite a challenging global operating environment

The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate

CAIRO, Egypt, May 22, 2026/APO Group/ –African Export-Import Bank (“Afreximbank” or the “Bank”) (www.Afreximbank.com) and its subsidiaries (the “Group”) announced its results for the three months ended 31 March 2026. The results demonstrate continued resilience, disciplined balance sheet management and strong deal execution despite a challenging global operating environment.

 

The Group continued to expand its lending activities in Q1 2026, resulting in total credit exposure growing by 2% to reach a portfolio of US$42 billion, up from US$41 billion as of 31 December 2025. This performance reflects Afreximbank’s leading role as a Development Finance Institution (DFI) in financing trade and trade-enabling infrastructure, and its strategic contribution to economic resilience across Africa and the Caribbean.

Average loans and advances for Q1 2026 stood at US$32 billion, up 8% compared to the same period in the prior year, driving the recorded growth in interest income. The Group’s liquidity position remained strong, with cash and cash equivalents of US$5.6 billion, representing 14% of total assets, consistent with FY2025 and above the Bank’s strategic minimum.

Asset quality also remained strong, with the non-performing loan (NPL) ratio at 2.40%, broadly in line with 2.43% at FY2025 and below industry average.

Shareholders’ funds increased to US$8.6 billion at 31 March 2026, up from US$8.4 billion at FY2025, supported by internally generated capital of US$268.9 million and new equity investments received during the quarter, underscoring the Bank’s continued ability to mobilise capital from its shareholders in support of its growth and development mandate.

The Group delivered strong profitability during the quarter.  Notwithstanding declining benchmark rates, total interest income rose by 14% year-on-year to reach US$813.6 million, while net interest income increased by 24% to US$510.0 million, compared with US$411.2 million in the first quarter of 2025. The Group’s cost-to-income ratio remained contained at 19%, well within the Group’s strategic ceiling of 30%. As a result, Profit for the period increased to US$268.9 million, up from US$215.4 million in Q1 2025.

The Group continued to maintain a strong capital position, with a capital adequacy ratio of 23% as at 31 March 2026, in line with the Bank’s long-term capital management targets.

During the quarter, Afreximbank continued to demonstrate its counter-cyclical role in response to external shocks. In March 2026, the Bank launched a US$10 billion Gulf Crisis Response Programme to help member countries mitigate adverse spillover effects from the Gulf crisis. The facility is designed to support liquidity, stabilise trade and payments, and address supply-side disruptions, particularly in energy, tourism and aviation, fertilisers, food and other critical imports.

The Bank also continued to deploy targeted financing and advisory support to strengthen trade flows, industrial capacity and economic resilience across Africa and CARICOM. Regional integration received further momentum following South Africa’s ratification of the Bank’s Establishment Agreement in February 2026, bringing one of Africa’s largest and most diversified economies into the Bank’s membership and giving the Bank full continental coverage.

Highlights of the results for Afreximbank Group are shown below:

Financial Performance Metrics

Q1’2026

Q1’2025

Gross Income (US$ million)

874.1

784.9

Net Income (US$ million)

268.9

215.4

Return on average equity (ROAE)

13%

12%

Return on average assets (ROAA)

2.62%

2.38%

Cost-to-income ratio

19%

16%

 

Financial Position Metrics

Q1’2026

FY’2025

Total Assets (US$ billion)

41.7

42.3

Total Liabilities (US$ billion)

33.0

33.9

Shareholders’ Funds (US$ billion)

8.6

8.4

Non-performing loans ratio (NPL)

2.40%

2.43%

Cash/Total assets

14%

14%

Capital Adequacy ratio (Basel II)

23%

          23%

 

Mr. Denys Denya, Afreximbank’s Senior Executive Vice President, commented:

“Against a backdrop of continued global uncertainty, heightened geopolitical risks and tight financial conditions, the Group delivered a resilient first-quarter performance, underpinned by disciplined balance sheet management, sound asset quality and strong capital and liquidity buffers. The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate. Our swift launch of the US$10 billion Gulf Crisis Response Programme further underscores Afreximbank’s counter-cyclical role in supporting member countries during periods of disruption. We remain focused on stabilising trade flows, easing liquidity pressures and advancing the industrial and economic transformation of Africa and the Caribbean.”

Distributed by APO Group on behalf of Afreximbank.

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Via Licensing Alliance Expands Voice Codec Program with New Licensee, New Licensors, Publishes Comprehensive Pool Rate Structure

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Via Licensing Alliance

SAN FRANCISCO, CALIFORNIA, UNITED STATES – Media OutReach Newswire – 22 May 2026 – Via Licensing Alliance (Via) today announced continued momentum for its Voice Codec patent pool, including the addition of a new unnamed licensee and new licensors, NovaVoice Limited and Cordial IP, further growing the program’s patent stack and market penetration from its initial five, large global licensors.

The addition of the new licensee, unnamed at this time, reflects growing industry adoption of the collaborative licensing pathway Via’s Voice Codec program creates for accessing IP rights to critical voice technologies. This addition reflects a growing market uptake of advanced voice technologies, including EVS and IVAS, driven by rising demand as 5G and 5G-Advanced technologies are adopted worldwide.

Additionally, Via continues to prioritize transparency and has published its full rate structure for the Voice Codec pool, providing further clarity and predictability for implementers and to the broader market. For implementers, the full rate structure allows for complete visibility as they consider the appropriate royalty structure to choose from to meet their product level costs, evaluate future growth paths for their product lines, or plan their geographical expansion plan needs. This level of disclosure not only reduces uncertainty in licensing decisions but also enables more consistent benchmarking, reinforcing confidence in fair, market-aligned SEP licensing practices. The program’s royalty rates are listed on Via’s website at https://www.via-la.com/licensing-programs/voice-codec/#license-fees.

The addition of the new licensors indicates increased interest from patent holders in licensing their voice technology SEPs through highly efficient, aggregated licensing vehicles such as patent pools. Future growth in both the licensor list and the number of patents consolidated through the pool license will continue to enhance the value of the Voice Codec License for implementers. Via’s Voice Codec program licensors are listed here: https://www.via-la.com/licensing-programs/voice-codec/#licensors.

Via’s Voice Codec pool covers Enhanced Voice Services (EVS), which supports voice communications across more than one billion and growing active devices globally, as well as Immersive Voice and Audio Services (IVAS), which will play a central role in next-generation voice and spatial audio applications.

“We are pleased to welcome these new entrants to our pool, which signal continued growth and momentum our Voice Codec program,” said Kevin Mack, President of Via Licensing Alliance. “This pool license offers strong value relative to other market options and represents the only collaborative licensing solution for EVS and IVAS technologies, making it a smart and efficient pathway for companies seeking to license critical voice capabilities.”

EVS remains a foundational technology for high-quality voice communications in 5G and 5G-Advanced networks, with adoption continuing to expand as 5G, 5G-Advanced and future network iterations reach global scale. As spatial audio and advanced voice technologies expand into 6G and a broader range of non-cellular devices, the importance of IVAS technologies is expected to increase, with Via’s pool offering an early and effective licensing pathway.

For more information about the Voice Codec patent pool, including information for prospective licensees, please visit https://www.via-la.com.

About Via Licensing Alliance:
Via Licensing Alliance is the collaborative licensing leader, dedicated to accelerating global technology adoption, fostering participation, and generating return on innovation with balanced licensing solutions for innovators and manufacturers of all sizes around the globe. Via has operated dozens of licensing programs for a variety of technologies. Via is an independently managed company owned by industry-leading participants with over 25 years of intellectual property licensing leadership. For more information about Via, please visit https://www.via-la.com.

 

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Joint statement welcoming the Republic of Togo’s announcement on Visa facilitation for African nationals

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Togo

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda

LOMÉ, Togo, May 21, 2026/APO Group/ –The AfCFTA Secretariat and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcome the announcement by the Government of the Republic of Togo, under the leadership of H.E. Faure Essozimna Gnassingbé, President of the Council of the Republic of Togo, regarding measures to facilitate visa-free entry for all nationals of African States holding valid passports, as announced by the Minister of Security on 18 May 2026.

The announcement was made in Lomé on the sidelines of Biashara Afrika 2026, the continent’s premier trade and business platform, which has brought together policymakers, private sector leaders, investors, and stakeholders from across Africa to advance dialogue on intra-African trade, investment, and regional integration.

Throughout the engagements, participants underscored the importance of facilitating the movement of African citizens, entrepreneurs, and investors as an important enabler of intra-African trade and economic cooperation. Against this backdrop, the announcement reflects the growing continental momentum towards strengthening connectivity and deepening African integration.

The AfCFTA Secretariat and Afreximbank, to which Togo is a State Party and a Member State, envision a continent where goods, services, capital, and people move more freely across borders in support of an integrated African market. Measures that facilitate mobility and connectivity continue to contribute towards advancing the broader mandate of both institutions; the attainment of the aspirations of Agenda 2063.

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda.

Distributed by APO Group on behalf of Afreximbank.

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