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Envisioning a more sustainable future – climate change in the spotlight at inaugural SuperBridge Summit Dubai

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3 years ago

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SuperBridge Summit

The role of collaboration between emerging and G20 markets, the GCC as a clean energy hub, and smart living technologies in the energy transition all on the agenda

DUBAI, United Arab Emirates, October 13, 2023/APO Group/ — 

With the UAE all set to host the United Nations’ 28th Conference of the Parties (COP28) in November, next week’s inaugural SuperBridge Summit Dubai (www.SuperBridgeDubai.com)- taking place at the Museum of the Future in Dubai on 16-17 October 2023 – will bring together diverse thought leaders and visionaries from around the interconnected world to discuss the role that countries can play in envisioning and contributing towards a more sustainable future for all.

Driving the world’s energy transition

“The Earth’s future is at stake, and it needs emerging economies to transition to greener and cleaner energy systems” according to Dr. Nasser Saidi, Founder and Chairman of the Clean Energy Business Council, a non-profit, non-governmental association that brings together leading local and international organizations in the MENA clean energy sector from both the private and public spheres.

He continued: “I am a firm believer that the GCC can take centre stage in the global energy transition. As the GCC undertakes massive investments in renewable energy and moves towards achieving its NZE goals, not only can the GCC leverage its advantageous location at the heart of the global sunbelt and secure pole position as lowest cost producer of solar power, but the region’s experience with developing and using climate tech could also help export technologies such as desalination, district cooling and desert agriculture.”

“The region’s financial centres have the resources and expertise to become international centres for climate, green and blue finance – investment with positive impacts on the oceans. This will…[not only] accelerate the GCC’s energy transition and economic diversification plans… [but also] build on existing and growing trade and investment relations that the GCC has with emerging nations, especially Africa & Asia,” said Dr. Saidi.

Role of technology in promoting sustainable urban development

Consumers today are increasingly conscious of their purchasing choices and their impact in the long-term. A reflection of this can be seen in the trends related to smart living technologies. Integrating artificial intelligence (AI), touchless technology, smart thermostats, and health tech, smart living technologies not only offer convenience but also contribute to a sustainable and eco-friendly lifestyle. 

At the Summit, Dr. Chao Wang, Founder and CEO of Ambilight, a world-leading electrochromic technology developer will share insights into “how our electrochromic technology is at the forefront of shaping the future of urban living by making it more comfortable, efficient, sustainable, and user-centric.”

“Our vision is to usher in a new era where technology harmoniously integrates with urban life, creating environments that are not just smarter but also more enriching and enjoyable for everyone,” he continued.

The Earth’s future is at stake, and it needs emerging economies to transition to greener and cleaner energy systems

Touching on his outlook for smart living, Dr. Wang shared that: “The smart living industry and sustainable urban planning in 2024 will be characterized by the integration of smart glass solutions into urban landscapes. These solutions not only enhance comfort and well-being but also contribute significantly to environmental sustainability, aligning perfectly with the principles of ESG. As more glass becomes an integral part of cities, it is imperative that it becomes smarter and greener, ensuring that people can enjoy comfortable, natural environments while upholding a commitment to a more sustainable and eco-conscious future. We hope everyone can enjoy natural light.”

Looking further ahead, Dr. Wang added: “In the next 5-10 years, smart living technologies are expected to undergo significant development, transformation, and innovation, which will also bring about changes to urban areas. Smart living technologies will shape urban areas in the next 5-10 years by creating smart cities, transportation, homes, and agriculture. These technologies will also help to promote economic development for different regions by reducing costs, improving efficiency, creating new businesses and markets, improving people’s living standards and quality of life, and promoting sustainable urban development.”           

Michael Sheren, President of MVGX, a leading green fintech group, and Former Chairman of G20, is a Summit speaker on transforming the energy landscape through alliances in Africa, Asia, and the Middle East. He believes that “there should be an ongoing conversation between the G20 countries and emerging markets on how to provide them [emerging markets] with a just, fair and deserving climate resilient economy led by key infrastructure projects starting with renewable energy,”

“At the SuperBridge Summit Dubai, I’m looking forward to interacting with a collection of conviction driven experienced professionals and experts looking to provide ideas and solutions on the important issues of our time,” he continued.

Exploring transformative opportunity at the summit

With 2023 declared as the Year of Sustainability in the UAE, the SuperBridge Summit Dubai will aim to dive deeper into similar trends that are driving developed and emerging economies on their green energy transition journeys, while advancing climate finance opportunities. This will be an important area of focus for us as the Summit will ignite, connect and unite future-minded, action-oriented leaders from the world’s fastest growing economies to explore transformative opportunities across the world.

The inaugural SuperBridge Summit, taking place from 16-17 October 2023 at Dubai’s iconic Museum of the Future will be a unique platform converging more than 500 investors, business, government, policy and cultural leaders from 20 countries to accelerate investment and co-creation opportunities in hitherto untapped and under-explored markets.

A pioneering initiative by KAOUN International, a subsidiary of Dubai World Trade Centre (DWTC), and the SuperBridge Council, the SuperBridge Summit Dubai will be held in partnership with the 43rd edition of GITEX Global, the world’s largest and most influential tech event hosted in Dubai, attracting tech executives and investors from 170 countries.

More information is available at www.SuperBridgeDubai.com

Distributed by APO Group on behalf of SuperBridge Summit Dubai.

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

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5 hours ago

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May 22, 2026

By

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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11 hours ago

on

May 22, 2026

By

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

Published

12 hours ago

on

May 22, 2026

By

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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