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Dedication, For A Smarter Future, H3C Tech Summit 2023 Successfully Concludes in Dubai

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H3C Tech Summit

At the conference, industry experts and corporate leaders from various countries shared their insights on the innovation and progress of cutting-edge artificial intelligence technology

DUBAI, United Arab Emirates, October 23, 2023/APO Group/ — 

From October 16th to 20th, GITEX Global 2023 (www.GITEX.com) was grandly launched in Dubai. H3C debuted as an exhibitor at the event, and successfully held the H3C Tech Summit 2023 on October 18th. Over 200 business leaders and technical experts from the Middle East and global technology industries gathered to focus on the future of digital technology innovation and explore new paths in AI development. Wen Bing, Co-president of Tsinghua Unigroup, and Gary Huang, Co-president of H3C and President of International Business, were present at the event.

Tony Yu, President & CEO of H3C, kickstarted the event with a welcome speech as an AI-generated digital figure. Yu first reviewed the layout and planning of H3C’s international market. He stated that at the NAVIGATE International Business Summit held this February, H3C shared three major visions for its international business: firmly believing in the power of digital economy development, adhering to the strategy of global development, and a long-term commitment to “Partner First” strategy. Under the guidance of these visions, H3C has continued to expand in the international market and have launched five scenario-based solutions: Synergy Working, Innovative Education, Smart Manufacturing, Efficient Healthcare and Reliable Public Services, ensuring timely and efficient provision of local sales and services to global customers and better meeting the global pursuit of a better digital life.

“Currently AI technology is changing the world, and the era of intelligence is just around the corner. Thanks to the forward-looking ‘AI in ALL’ strategy, H3C has launched a range of products and solutions in the field of AIGC including the LinSeer, an AI-powered private large-language model. We are committed to leveraging leading digital infrastructure and AI capabilities to better benefit the people. Looking towards the future, we have the confidence and capability to become the best global partner in the digital transformation of the intelligent new era,” noted Yu. 

In this rapidly changing era, the power of technology is everywhere, and the development of technology has made our lives more digital and intelligent. Wen Bing, Co-president of Tsinghua Unigroup, delivered a keynote speech titled “Better Life with Advanced Technology”. He used the story of a young professional’s life in Suzhou, China as an example to describe how digital technology deeply infiltrates every corner of our lives. He emphasized its profound and transformative impact.

He noted that Tsinghua Unigroup always insists on innovative development, empowers customers in all industries, and aims to improving the quality life and empowering the intelligent society. In the future, Tsinghua Unigroup and H3C will continue to adhere to internationalization and marketization, customer-oriented, and cooperate with more partners to build a digital world that is more intelligent, more open-minded, more fair, and more Splendour, letting the light of science and technology brighten human life.

Gary Huang, Co-president of H3C and President of International Business, addressed in his keynote speech that more and more enterprises have deeply realized that AI (artificial intelligence) will become a key technology leading human society into a new era. So, how to ensure that products can adapt well to the application of AI? For this, H3C launched AIGC Openness Strategy to further optimize the energy efficiency performance of the infrastructure, accelerate technology to empower green and sustainable development, and closely cooperate with customers and partners, work together to make AI applications and sustainable technologies create greater value, serve all mankind, and make all imaginations a reality.

From “AI in ALL” to “AI for ALL”, Applying AI technology in all industries

At the conference, industry experts and corporate leaders from various countries shared their insights on the innovation and progress of cutting-edge artificial intelligence technology, showcasing application cases of digital technology in Innovative Education, Smart Manufacturing, Efficient Healthcare, Reliable Public Services, and other scenarios, bringing new values and thoughts to the attendees.

In the field of Innovative Education, Ashik Abdul Jaleel, Senior IT Infrastructure Manager of Alef Education, UAE, shared a case of Alef Education and H3C jointly assisting the digital transformation of K12 education in the UAE. In the process of network construction, H3C adopted the NFV network architecture, supporting the unified management of physical and virtual networks, meeting the networking needs of different application scenarios with flexible and elastic product combinations, and greatly reducing the complexity of operation and maintenance with a highly open and reliable management approach.

Charl Edward Harding, CEO of The Impact Catalyst, South Africa, also made an excellent speech, detailing the measures and achievements of the Limpopo, Northern Cape and Mpumalanga Provinces in South Africa in promoting socio-economic growth through government-enterprise cooperation. The Impact Catalyst is an initiative founded by Anglo American, the CSIR, Exxaro, World Vision South Africa, to create mechanisms that drive large-scale, socio-economic development initiatives through public-private partnerships. The initiatives will be designed to leverage collaboration across all sectors and will be selected for impact beyond the scale of individual participants. The project plans to implement Wi-Fi connectivity across rural communities in selected schools with the goal of achieving 1000 schools. So far, it has completed network access for 300 schools in collaboration with H3C. This not only provides opportunities for students, community members, and small businesses to access information and digital technologies, but also has a positive impact on the development of schools, communities, and even the entire South African nation.

H3C has launched a range of products and solutions in the field of AIGC including the LinSeer, an AI-powered private large-language model

In the field of Smart Manufacturing, Mohamed Elmetwaly, Director of Procurement at Mobco Group in Saudi Arabia, stated that before the cooperation on the Sindalah Island development project, H3C laid a solid foundation for the cooperation with its leading position in the ICT market, mature technical conditions, high-quality services, and rich cooperation experience. During the project advancement process, its secure and flexible digital architecture and high-quality, stable network experience provided reliable support for efficiency improvement and digital transformation.

In the field of Efficient Healthcare, Dr. Mustafa Hasan Qurban, the CIO of King Fahad Military Medical Complex (KMFFC), Kingdom of Saudi Arabia, expressed his gratitude to H3C. He stated that with the help of H3C’s smart hospital solution, KMFFC has completed the digital upgrade of the digital center, realizing data communication and sharing among four hospitals in the eastern region, significantly improving the work efficiency of medical staff, and enabling the medical center to provide better medical services for patients.

In the field of Reliable Public Services, Murat Çelik, IT Systems Manager of the Court of Cassation (Yargıtay) in The Republic of Türkiye, shared the strong connection with H3C in constructing a new campus. H3C’s smart campus solution has revolutionized the traditional way of network configuration with switches, adopting a new architecture for digital innovation in campus management, operation, and digital platform construction. By using the advanced AD-Campus 6.0 SDN technology, the core value of improving quality and efficiency, and reducing costs in a smart campus has been unleashed.

Based on the new opportunities brought by AIGC, H3C actively practices the strategy from “AI in ALL” to “AI for ALL”, integrates AI into all hardware and software products, covers all scenarios with technology, and helps all industries to upgrade intelligently.

Qiao Yan, Vice President of H3C International Business, GM of the Product Solution and Marketing, launched a series of new flagship products, including the AI server specially designed for large-scale model training, the 800G silicon photonic datacenter switches, and H3C AMPHA Computing Power Platform, which once again demonstrated H3C’s resonance with market demand and its excellent practice of continuously promoting digital transformation in all industries.

Collaborating with Partners to Build an Open and Win-Win Ecology

During the MOU signing ceremony, Gary Huang, Co-president of H3C and President of International Business, signed strategic cooperation agreements with four customers and partners including Mobco Group, Riphah International University, The Impact Catalyst and China Mobile Pakistan (CMPak). Through the partnership, H3C and partners have officially established a close cooperation relationship, which laid a solid foundation for accelerating response speed and service capabilities to local customers and partners, promoting deep integration of products, solutions, and local technology ecology, and driving digital transformation in all industries in the region.

As one of H3C’s global strategic eco-partners, Hans Chuang, VP, Sales, Marketing and Communications Group; GM, PRC Datacenter Sales; GM, PRC CoSP Business Consumption of Intel, delivered a keynote speech of “Bring AI Everywhere for a Smarter Digital Future”, sharing Intel’s innovation and development in the AI field and its cooperation prospects with H3C.

“The cooperation between Intel and new H3C has lasted for 7 years. Along the journey, Intel and H3C work closely on a full range of digital products and series of scenario-based solutions for vertical markets. Today we are applying our reach, scale, and resources to enable our customers to capitalize more fully on the power of digital technology. We hope to carry out more innovation corporations with H3C in the future and be together to do something wonderful for a better digital future.”

Since officially going overseas in 2019, H3C has been continuously planning and laying out in overseas markets. Its overseas business, as the second curve of the corporate income growth, shows an accelerating growth trend. Currently, the group has 1,882 certified partners overseas, has established 40 overseas spare parts centers, and its services cover 176 countries and regions. Since this year, H3C has achieved landmark results in the government, education, and carrier industries in Malaysia, Thailand, South Africa, Mexico, and other countries and regions in Central Asia. It has also actively carried out channel layout and cooperation in newly-expanded countries such as the UAE and KSA, achieving breakthrough outputs in many projects.

Looking to the future, H3C will adhere to the concept of “Dedication, For A Smarter Future”, get involved in the new era of intelligence, study Cloud & AI-Native technology in-depth, and strive to build a solid foundation, provide resources, and promote a “sustainable, innovative, and win-win” development model through the paths of underlying infrastructure, technological innovation, talent training, and industry integration, helping governments and industries around the world find a digital transformation path that suits local reality.

Distributed by APO Group on behalf of GITEX Global.

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PhotonPay Raises $40M Series C to Scale Its Stablecoin-Centric Financial OS

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2 days ago

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October 30, 2026

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Financial OS

Led by Blockchain Capital, the funding will accelerate the expansion of PhotonPay’s stablecoin-centric Financial OS, connecting stablecoin liquidity with global fiat networks to unlock digital assets for everyday corporate operations and cross-border settlement.
HONG KONG SAR – Media OutReach Newswire – 29 October 2026 – PhotonPay today announced the closing of a $40 million Series C funding round led by Blockchain Capital, with participation from new investor SBI Group and follow-on investments from existing investors IDG Capital, GL Ventures, and Lightspeed Faction. Blacksheep Technology acted as exclusive financial advisor to PhotonPay on the transaction.

 




 
 

The new capital will support the expansion of PhotonPay’s stablecoin-centric Financial Operating System (Financial OS), with investment focused on enhancing multi-asset wallet capabilities, expanding global card issuing, strengthening local clearing infrastructure in key markets, and developing an agent-ready financial execution layer.

As of August 2026, PhotonPay’s annualized transaction volume reached US$65 billion. The company has secured 34 payment and financial licenses and regulatory authorizations across the Americas, Europe and Asia, and serves over 200,000 business customers across more than 200 countries and territories.

As stablecoins move beyond crypto-native use cases into corporate treasury, settlement and commercial spending, PhotonPay sees the next phase of global finance not as a choice between stablecoins and fiat currencies, but as the convergence of both. Its Financial OS connects on-chain liquidity with the banking, clearing and card networks businesses rely on for everyday operations.

“Moving money across borders in seconds means little if it still takes days to put that capital to work,” said Lewison Chen, Founder and CEO of PhotonPay. “Stablecoins are accelerating global money movement, while local clearing and global card issuing connect that liquidity to local settlement and everyday business spending. Our Financial OS brings these capabilities together, making the underlying infrastructure far less visible to businesses, even as it becomes more essential than ever.”

“At the same time, business software is becoming increasingly autonomous,” Chen added. “AI is shifting financial workflows from people manually operating fragmented tools toward systems that understand business intent and coordinate execution across assets, accounts and financial rails. That creates the foundation for agentic commerce. Stablecoins change how money moves. AI changes how it gets put to work. But commerce is still what money is for.”

Moving Money Across Assets and Markets

PhotonPay’s Financial OS brings together multi-asset wallets, global money movement, foreign exchange, local clearing, and global card issuing through an integrated API-first architecture. This unified system gives businesses access to the financial capabilities they need to manage and deploy funds across markets.

Stablecoins sit at the core of this architecture. PhotonPay’s multi-asset wallet connects stablecoin liquidity with fiat balances, integrating asset conversion, foreign exchange, and local clearing into a single connected workflow. This enables businesses to move funds across supported on-chain and traditional financial networks, turning digital asset liquidity into purchasing power for local payments and everyday corporate spending.

Supporting this dual-rail infrastructure is PhotonPay’s established global financial network. Businesses can open local collection accounts in 17 key markets and receive funds in more than 60 currencies. On the payout side, the network supports over 100 payment routes across local clearing systems, bank transfers, and digital wallets, including payouts to 74 major local e-wallets. Approximately 97% of payout transactions reach recipients within hours or on the same day, with 68% arriving in real time.

Global card issuing extends these capabilities into programmable business spending. Through PhotonPay’s APIs, businesses and platforms can issue virtual and physical cards, configure granular spending controls, and embed card payments directly into their software and automated workflows. Over the past 12 months, PhotonPay issued 4.4 million cards, up 275% YoY.

Beyond its first-party payment solutions, PhotonPay makes its infrastructure available through embedded finance, enabling technology platforms to natively integrate global accounts, payments, and card issuing into their own products. The company now serves more than 100 enterprise and platform partners, extending the reach of its Financial OS into industry-specific workflows.

From Financial Intent to Agentic Commerce

As AI agents assume active operational roles, financial infrastructure must evolve beyond API access to enable programmable, policy-governed execution. It requires systems capable of translating high-level instructions into coordinated financial actions, with deterministic controls governing how those actions are executed.

In May 2026, PhotonPay and Mastercard completed a live agentic payment demonstration using a tokenized PhotonPay card, validating AI-initiated transactions across existing global card networks.

Building on this milestone, PhotonPay is developing standardized financial interfaces designed for developers and AI agents. With planned support for the Model Context Protocol (MCP), PhotonPay aims to make account information, balances, card functions, and payments accessible as composable financial primitives, allowing AI agents to securely retrieve context and initiate financial workflows within defined authorization boundaries.

To govern this agent-ready layer, PhotonPay is developing a policy-based execution framework designed to enforce programmable authorization rules, spending limits, and transaction-level controls. The framework is intended to enable AI agents to coordinate financial tasks across supported accounts and assets, while ensuring that execution remains subject to explicit, enforceable policies set by businesses.

PhotonPay is also advancing its AI-assisted risk review capabilities, designed to identify complex cases for human assessment. Together, these initiatives reflect a foundational principle of autonomous finance: AI may interpret intent and coordinate tasks, but financial execution must remain governed by verifiable authorization, deterministic controls, and auditable records.

“Connecting financial networks is only the beginning. The real breakthrough is abstracting that complexity behind a unified, programmable financial layer, so businesses and AI agents can move from intent to execution within clearly defined boundaries,” said Chen.

Simple on the Surface, Deep by Design

The promise of a Financial OS is simplicity: enabling businesses to manage assets, route money, and execute payments through a unified financial operating layer. Yet delivering that simplicity requires deep financial infrastructure beneath the surface.

While stablecoins accelerate borderless value transfer, turning that liquidity into local settlement, supplier payments, and corporate spending still depends on established banking relationships, domestic clearing rails, foreign exchange infrastructure, and global card networks. Each market brings its own regulatory and operational requirements.

For PhotonPay, building a Financial OS means abstracting these fragmented global networks into a programmable, interconnected financial system. The objective is not to eliminate financial complexity, but to manage it within the underlying infrastructure, so businesses can operate without having to navigate these systems themselves.

“AI can simplify how businesses interact with financial services, but it cannot replace the infrastructure required to deliver them,” said JP Pi, Chief Compliance Officer at PhotonPay. “Establishing local financial capabilities takes years of investment, institutional partnerships, and regulatory engagement. Software or AI models alone cannot replicate that depth. The simplicity businesses experience is the result of that heavy lifting, not a substitute for it.”

PhotonPay has engineered a financial foundation spanning both stablecoin and fiat rails, connecting multi-asset conversion with local clearing networks. Institutional partnerships with J.P. Morgan, Standard Chartered, and DBS, alongside connections to domestic payment systems such as Brazil’s Pix and Mexico’s SPEI, form the backbone of this network.

The new capital will enable PhotonPay to strengthen its local clearing and compliance infrastructure in existing markets while expanding into new jurisdictions, scaling the reach of its Financial OS across corporate spending, embedded finance, and agentic commerce.

“Businesses want one provider that can handle their payments across currencies and markets, whether they’re using bank transfers, stablecoins or cards. Lewison and his team have spent a decade building the banking relationships, licenses and local payment infrastructure to deliver that. We believe PhotonPay’s ability to bring these capabilities together gives it a strong advantage as businesses adopt stablecoins for everyday payments.” – BCAP，Yuanhan Li，Partner

“As stablecoins become increasingly integrated into global payment systems, bridging digital assets with traditional financial infrastructure will be essential to unlocking their real-world potential. PhotonPay’s established global payment network and its vision for a stablecoin-centric Financial OS align closely with SBI Group’s strategy to advance digital financial infrastructure and expand the practical adoption of digital assets. We look forward to supporting PhotonPay’s continued growth and exploring opportunities for strategic collaboration across the SBI Group ecosystem.” – Eiichiro So, CEO & Managing Director of SBI Ven Capital
 




 

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Hainan economic, trade delegation visits Hong Kong for investment promotion, 2 cooperation memoranda signed

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2 days ago

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October 30, 2026

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Hong Kong

HONG KONG SAR – Media OutReach Newswire – 29 October 2026 – From October 19 to 20, an economic and trade delegation from Hainan Province paid a visit to Hong Kong. The delegation signed memoranda of cooperation respectively withThe Chinese Manufacturers’ Association of Hong Kong (CMA)and the Federation of Hong Kong Industries (FHKI) to advance pragmatic cross-border collaboration between Hainan and Hong Kong in trade and investment, manufacturing industrial chains and professional services.

 




 
 

During its stay in Hong Kong, the delegation visited the CCPIT Representative Office in Hong Kong. It held discussions with CMA and co-hosted the Hainan Free Trade Port (Hong Kong) Economic and Trade Cooperation Exchange Meeting with FHKI. The event showcased the policies, key industrial layout and investment opportunities of the Hainan Free Trade Port (FTP), and arranged one-on-one business matchmaking between Hainan and Hong Kong enterprises.

Wang Yuyuan, Vice President of the China Council for the Promotion of International Trade Hainan Sub-council (CCPIT Hainan) and China Chamber of International Commerce Hainan Chamber of Commerce, noted that since the official launch of island-wide special customs operations at the Hainan FTP on December 18, 2025, 174,000 new enterprises have been registered, representing a year-on-year surge of 95.9 percent. Newly established foreign-invested enterprises rose by 35.8 percent year on year. In the first half of this year, inbound and outbound tourist arrivals exceeded 70 million, up 28 percent year on year, with the number of visa-free entry countries expanding to 88. From January to August, the province’s total goods import and export volume hit 250 billion yuan, growing by 61.5 percent year on year. Hainan is rapidly emerging as a critical gateway connecting China with the rest of the world and a prime channel for two-way investment.

According to CCPIT Hainan, Hong Kong ranks as a major source of foreign investment for Hainan. In the first half of this year, Hainan registered 1,303 new foreign-invested enterprises, an increase of 38.62 percent year on year, with Hong Kong-funded enterprises accounting for the lion’s share. Hainan has issued offshore RMB local government bonds in Hong Kong for four consecutive years, with a cumulative issuance volume reaching 18 billion yuan.

CMA is one of Hong Kong’s most representative non-profit industrial and commercial bodies, with around 3,000 member enterprises. It has long provided members with business services including exhibitions, brand promotion, testing and certification. FHKI, one of Hong Kong’s four major chambers of commerce, has approximately 2,000 corporate members. It focuses on boosting the sustained development of Hong Kong industry and manufacturing through policy advocacy, business matchmaking, certification services and youth talent cultivation.

The two memoranda explicitly stipulate that the two sides will establish a regular liaison mechanism, build a long-term cooperation platform covering information sharing, business matchmaking, exhibition collaboration and professional services, and provide solid support for pragmatic business cooperation between Hainan and Hong Kong enterprises.

Source: China Council for the Promotion of International Trade Hainan Provincial Committee (CCPIT Hainan)

 
 




 

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Africa gains governance momentum in the 2026 Chandler Good Government Index, but sustaining progress is the real test

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2 days ago

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October 29, 2026

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Africa

Across Africa, average scores improved in six of the seven CGGI pillars over the past year, with the strongest gains in Helping People Rise and Financial Stewardship

This signals that stronger government capabilities are beginning to translate into tangible improvements in people’s lives

KIGALI, Rwanda, October 29, 2026/APO Group/ –Africa was the second best-performing region for governance progress in the 2026 Chandler Good Government Index (CGGI), with 71% of the African countries assessed in both 2025 and 2026 achieving higher overall scores. However, the continent remains the lowest-scoring region overall, highlighting the challenge of translating improvement in government capabilities into better outcomes for citizens.

 




 
 

These findings were highlighted by the Chandler Governance Group (CGG) at a joint session with the Rwanda Governance Board (RGB) to launch the 13th edition of the Rwanda Governance Scorecard at the Kigali Serena Hotel on Thursday, 22 October 2026.

“This year, Africa’s strongest gains came in Financial Stewardship, followed by Helping People Rise, the CGGI’s outcomes pillar. This signals that stronger government capabilities are beginning to translate into tangible improvements in people’s lives, from access to quality education and healthcare to the public finances that fund them. The task now is to sustain that progress over the coming years,” says Dinesh Naidu, Director (Knowledge) at CGG.

Now in its sixth edition, the CGGI assesses government capabilities and effectiveness across 133 countries representing 94% of the world’s population, up from 120 countries in 2025. It measures 35 equally weighted indicators across seven pillars, providing governments with a framework to benchmark performance, identify gaps and learn from the experience of other countries.

Globally, the findings point to improving governance performance. Of the 120 countries assessed in both 2025 and 2026, 61% recorded higher scores, representing the highest annual share of countries improving since the Index launched in 2021. However, longer-term progress has been less consistent, with only 43% of the 104 countries tracked since 2021 recording an overall improvement.

Africa’s leading governments

Mauritius remains Africa’s highest-ranked country, placing 55th globally, followed by Rwanda (62nd), Botswana (70th), Morocco (79th) and Tanzania (80th). South Africa ranks sixth on the continent, in 85th place globally.

Rwanda features prominently in the discussion, ranking 11th globally for Leadership & Foresight and emerging as the highest-ranked low-income country in the Index. It ranks 61 places above where its income alone would predict. Across the Index, government capabilities track citizen outcomes more closely than national wealth does, suggesting that strengthening government capabilities matter in delivering better outcomes for citizens.

The joint session brings together the CGGI’s international benchmarks and the Rwanda Governance Scorecard’s assessment of governance in the Rwandan context, creating an opportunity to consider both global perspectives and country-specific priorities.

Progress across key governance pillars

Across Africa, average scores improved in six of the seven CGGI pillars over the past year, with the strongest gains in Helping People Rise and Financial Stewardship. These improvements point to progress in areas associated with public services, including healthcare and education, as well as the management of public finances.

Longer-term trends also highlight areas of progress. Between 2021 and 2026, nearly every African country assessed across the period improved its Data Capability score, with Morocco recording the largest gains. Ghana’s overall score improved in 2026, supported by stronger Financial Stewardship, while South Africa continues to show relative strength in Robust Laws & Policies, ranking 44th globally, and Attractive Marketplace, ranking 48th.

Despite these gains, the scale of the challenge remains clear. Africa’s regional average is still below its 2021 level, 23 of the 35 African countries in the 2026 Index rank outside the global top 100, and none is in the top 50. Seven African countries joined the Index this year: Chad, the Democratic Republic of Congo, Gambia, Guinea, Lesotho, Liberia and Togo.

“Rankings provide a useful starting point, but the broader value of the CGGI lies in helping governments understand where they are making progress and where further work is needed. Sustained improvements depend on the ability to strengthen institutions, manage resources responsibly and turn policy into meaningful outcomes for citizens,” says Naidu.

A tool for learning and improvement

The CGGI is designed as a practical diagnostic tool, helping governments identify gaps, track progress over time, and learn from peers facing similar constraints. The collaboration with the RGB brings international benchmarking together with locally grounded assessment.

“Every country faces its own governance challenges and is driven by varying priorities. Governments that are willing to take stock of the evidence and learn from peers to strengthen their institutions are well placed to achieve real improvements,” concludes Naidu.

Distributed by APO Group on behalf of Chandler Governance Group.

 

 




 

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