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HKSTP Companies Exhibit the Latest AI Technology Solutions at InnoEX 2024 and the Hong Kong Spring Electronics Fair (Spring Edition)

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HONG KONG SAR – Media OutReach Newswire – 15 April 2024 – The Hong Kong Science and Technology Parks Corporation (HKSTP), alongside 25 partner companies, has taken part in Asia’s leading annual innovation and technology (I&T) event, InnoEX 2024, and the world-class electronics industry event, the Hong Kong Electronics Fair (Spring Edition). Under the theme: From Smart Vision to Intelligent Future, HKSTP presents cutting-edge R&D achievements from 16 partner companies in fields such as Smart City, AI and Robotics, Digital Business, and Marketing Tech, further showcasing the region’s research strengths.

Paul Chan, the Financial Secretary of HKSAR, Lillian Cheong, Under Secretary for Innovation, Technology and Industry of HKSAR, accompanied by Ir Dr HL Yiu, Chief Corporate Development Officer of HKSTP, visited HKSTP’s booth at InnoEX to experience the latest local R&D achievements.

HKSTP has been steadfast in its commitment to nurturing innovative enterprises that advance the development of Hong Kong as a smart city. On the exhibition’s opening day, HKSTP arranged two start-up showcase sessions, which provided opportunities for business matching and investment opportunities. The sessions were conducted in a competitive format, with the winning start-up scheduled to participate in the Techsauce Global Summit in Bangkok, Thailand, in August, with HKSTP to achieve potential business expansion in Asia.

Ir Dr HL Yiu, Chief Corporate Development Officer of HKSTP, said: “China is focusing on the development of ‘new quality productive forces’, with I&T serving as the core driving force. Our participation in InnoEX presenting market-ready solutions to both local and overseas buyers is expected to capture their attention and garner brand exposure. HKSTP will continue to refine its support for nurturing startups, accelerating the process from R&D to commercialisation, thus fostering the development of intelligent living.”

According to the United Nations Conference on Trade and Development (UNCTAD)’s Global Frontier Technology Readiness Index in 2023, Hong Kong has ascended from 13th to 9th globally in the capability to utilise cutting-edge technologies, such as artificial intelligence (AI) and IoT. This significant leap underscores a marked enhancement in Hong Kong’s application of innovative technologies. As technological products are now closely intertwined with AI, several partner companies have integrated AI into their offerings for greater intelligence, customisation, and optimisation of efficiency, which in turn significantly enhances the user experience. For example, smart building solutions employ sensors to gather environmental data for subsequent analysis. The integration of AI improves the volume, speed, and precision of data processing. Additionally, some startups have incorporated AI into digital marketing tools, refining the advertisement production workflow, enabling the creation of more targeted and cost-efficient advertising strategies.

In collaboration with global universities, the 14 research AI and robotics laboratories under InnoHK’s “AIR@InnoHK” will show case some of the most advanced solutions at InnoEX.

This year’s InnoEX gathers world-class innovative solutions, featuring science and technology enterprises from over 13 countries and regions, including Hong Kong, Mainland China, Canada, France, India, Poland, Thailand, the United Kingdom, and more.

HKSTP’s flagship start-up pitching competition, EPiC, will also culminate with its Grand Finale on the 26th of April at the top of Hong Kong’s iconic International Commerce Centre. The top 74 global start-ups reaching the final round will compete for potential investments totalling USD 45 million. This includes venture capital investment of up to USD 5 million, cash prizes totalling USD 240,000, and opportunities for commercial collaborations. Participating start-ups can benefit from HKSTP’s unrivalled ecosystem as a springboard to tap into the vast opportunities in Mainland China, Asia, and other overseas markets.

Some of the latest products and solutions exhibited by HKSTP partner companies at InnoEX include:

Smart City Solutions

Intelligent Transformation for Old and New Buildings: Comprehensive realization of smart buildings – Neuron Digital’s smart building solutions are tailored for a variety of applications, featuring specialised modules that can interface with 5G or IoT. These systems collect data on temperature, humidity, air quality, space occupancy, etc. By integrating AI with digital twins, Neuron Digital offers a detailed 3D virtual model of a building’s internal and external environments. This enables developers, building operators, and facilities management teams to easily monitor and optimise facility operations, leading to significant energy savings, enhanced building management efficiency, sustainability, and thus contributing to a better living environment.

Digitalised Transport Solutions for Smart Cities – Smart transportation is a pivotal component of smart cities, and Neuvix is at the vanguard with solutions that leverage edge computing, computer vision, AI, and digital twin. These solutions support the intelligent upgrading of transport infrastructure, analysing driving behaviour on roads, traffic flow, and vehicular data at stations to realise intelligent transportation systems and smart stations.

Digital Business

Creating Sterile Environments with 20kV – Apicem Technology Services Company Limited (ATS) has developed a patented Baal Decontamination system that utilises a 20kV high-voltage electric field to eliminate bacteria and viruses, thereby purifying the air. It represents a new green technology capable of one-off filtration of carbon dioxide, nitrogen dioxide, and the removal of dioxins, hydrogen sulphide, formaldehyde, volatile organic compounds, and odours. Its cloud-based Indoor Air Quality (IAQ) monitoring system can track improvements down to PM1.0 particulates and can be integrated with existing property management systems to achieve digitalised management and sustainable development.

Asia’s First “On-premise” AI Bot Development Platform – GPTBots.ai – empowers business enterprises to effortlessly custom-build and train their own exclusive AI bots within their networks. It is the first platform in Asia that enterprises can mitigate the risk of data breaches without using third-party AI platforms. By simply uploading their proprietary data to the internal knowledge base and connecting to large language models (LLM) of their choice, enterprises can seamlessly train the bots through interactive chatting. The versatility of these AI bots spans across a broad spectrum of applications, encompassing translation services, customer engagement, personal assistance, and knowledge retrieval, among others.

AI and Robotics

Hong Kong-developed robots target ESG implementation challenges – In a bid to address challenges such as staffing difficulties in property management and healthcare services, Novelte has launched a series of robots designed to tackle issues related to Environmental, Social, and Governance (ESG). These robots are particularly focused on enhancing daily operations in property management and facilitating hospital deliveries. Established in 2019, the company specialises in the R&D of robotics and has since introduced a diverse range of robots tailored for various applications, including meal delivery, intelligent assistance, and security.

Marketing Tech

Asia’s Leading AI Advertising Platform Elevates Efficiency – GoGoChart has unveiled AppAura, a state-of-the-art digital marketing and ad management platform that utilises AI to optimise the ad management process and boost advertising effectiveness. Users can with ease create engaging advertising campaigns and content, enjoy the advantages of cross-platform integration and streamlined ad management across major online media platforms. This enhances work efficiency and cuts costs for users, granting clients a significant advantage in the highly competitive digital market.

AI SEO Tools Help Businesses Succeed in the Global Market – Capturing the attention of the target audience amidst the overwhelming information of the digital age, Search Engine Optimization (SEO) is crucial. The Hong Kong startup Aloha has unveiled its self-developed SEO tool, RankBot, which incorporates AI and real-time global search engine data, offering support for over 90 regions and 45 languages. RankBot’s cutting-edge technology empowers users to make precise, data-driven decisions, drastically cutting down the time needed to execute and manage SEO and improving their products’ global search engine rankings, thus aiding businesses in expanding their international presence.

InnoEX 2024
Date: 13-16 April, 2024
Venue: Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wan Chai
HKSTP Pavilion Booth No: 3C-B01

Hong Kong Electronics Fair (Spring Edition)
Date: 13-16 April, 2024
Venue: Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wan Chai

Elevator Pitch Competition (EPiC 2024) Grand Finale
Date: 26 April, 2024
Venue: Sky100 Observation Deck, International Commerce Centre

About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 12 unicorns, more than 14,000 research professionals and over 1,700 technology companies from 26 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.

Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Shatin, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.

Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.

Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues contribute in establishing I&T as a pillar of growth for Hong Kong.

More information about HKSTP is available at www.hkstp.org.

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SLB commissions new fluids systems plant in Pemba to support Mozambique’s offshore energy development

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October 9, 2026

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Mozambique

New facility expands in-country drilling and completion fluids capability, advancing the next phase of SLB’s growth in Mozambique

PEMBA, Mozambique, October 9, 2026/APO Group/ –SLB (NYSE: SLB) (www.SLB.com) announced the opening of a new fluids systems plant in Pemba, Mozambique. The new facility strengthens in-country capacity to prepare, store and deliver drilling and completion fluids for offshore operations, reinforcing the infrastructure needed as Mozambique’s offshore activity grows and its role as a strategic energy hub for East Africa continues to expand.

The commissioning of the plant, also known as a liquid mud plant, coincides with SLB marking 70 years of operations in Mozambique. It reflects the company’s long-term commitment to investing in people, infrastructure and capability that support the country’s long-term offshore energy development plans.

 




  

With an initial storage capacity of 21,000 barrels, the liquid mud plant provides a scalable platform for future growth, supporting multiple customers and rising offshore activity while improving logistics and enhancing operational flexibility.

As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions

“As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions,” said Miguel Baptista, Central, East and Southern Africa, Managing Director, SLB. The new liquid mud plant strengthens local energy infrastructure, expands opportunities for local content development, and enhances our ability to support customers as they deliver some of Africa’s most significant offshore energy resources.”

The liquid mud plant project was delivered with strong local participation and that momentum is expected to continue into operations. During project delivery, more than 100 jobs were created in Pemba with nationals representing 80% of the workforce, reflecting a focus on building local capability.

The project was delivered with a strong focus on safety, operational integrity, and quality, achieving more than 67,000 hours worked without a recordable safety incident.

This key infrastructure strengthens SLB’s ability to support consistent service quality and enhance supply chain readiness for increasing offshore activity across Mozambique, supporting customers execute safely and efficiently while developing local skills and expertise.

Key Points:

  • SLB has commissioned a new fluids system plant in Pemba, expanding in-country drilling and completion fluids capability for offshore operations.
  • With an initial storage capacity of 21,000 barrels, the facility provides a scalable platform to support growing offshore activity in Mozambique.
  • The investment marks the next phase of SLB’s growth in Mozambique, strengthening local capability and supporting long-term offshore energy development.

Distributed by APO Group on behalf of SLB.

 

 




 

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South African Energy Storage Association (SAESA) welcomes 4,600 MW battery storage prioritisation and calls for integrated energy planning

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October 9, 2026

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Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply

JOHANNESBURG, South Africa, October 9, 2026/APO Group/ –The South African Energy Storage Association (SAESA) (www.SAESA.org.za) welcomes the prioritisation of 4,600 MW of battery energy storage under the first Integrated Resource Plan (IRP) 2025 Section 34 determination.

 




  

The timing is significant. Recent Integrated Energy Plan (IEP) modelling and assumptions discussions highlighted a fundamental shift that South Africa’s energy planning now needs to capture: we cannot plan the future power system by counting megawatts of generation alone.

We must plan for when energy is available, where it is available, how it moves through a constrained grid and how it is stored and dispatched when the system needs it most.

The announcement reinforces that shift. Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply.

For SAESA, the message for the IEP is clear: storage, flexibility and system services must be modelled as integral components of South Africa’s future electricity architecture, with their contribution considered from the outset of generation planning.

“The IEP must plan the power system we are becoming, not simply model the power system we have inherited,” says SAESA.

The IEP must plan the power system we are becoming, not simply model the power system we have inherited

Partnership with C&I Energy + Storage Summit

SAESA is an association partner of the C&I Energy + Storage Summit, created by VUKA Group, taking place on 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

The summit brings together commercial and industrial energy users, project developers, financiers, regulators and solution providers to explore practical approaches to energy security, procurement and storage deployment.

For businesses assessing how storage can support their operations, the event offers an opportunity to meet SAESA and engage with the wider energy community on the decisions shaping South Africa’s evolving electricity system.

Commercial and industrial energy decision-makers are invited to apply to attend as hosted buyers. Qualifying buyers receive complimentary summit access and curated opportunities to engage with industry partners.

 

Meet SAESA at C&I Energy + Storage Summit: Join the Hosted Buyer Programme

The Hosted Buyer Programme connects commercial and industrial energy decision-makers with solution providers shaping South Africa’s evolving private energy market.

Qualified energy buyers receive complimentary access to the summit and curated engagement with industry partners exploring energy procurement, storage deployment and project development.

Apply for the Hosted Buyer Programme (https://apo-opa.co/4ehLijJ)

Distributed by APO Group on behalf of VUKA Group.

 




 

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Afreximbank welcomes launch of Africa Credit Rating Agency as an important step in strengthening Africa’s financial architecture

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October 9, 2026

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Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets

PORT LOUIS, Mauritius, October 8, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding the continent’s capacity to generate credible, independent analysis of African credit risk.

 




 
 

Credit ratings play an important role in determining access to capital, influencing investor perceptions and shaping the cost at which governments, institutions and businesses can finance development. It is therefore essential that assessments of African credit risk are independent, rigorous and evidence-based, while reflecting a complete understanding of the structures, institutions and economic realities being assessed.

The establishment of AfCRA adds an important African-led source of credit opinion to the market. Its value will not be measured by whether it produces more favourable ratings, but by the credibility of its analysis, the quality of its data and transparency of its methodology, and its ability to deepen understanding of African sovereigns, sub-sovereigns and corporate credit.

This is particularly important given that many African issuers remain unrated, while local-currency and sub-sovereign markets continue to have limited rating coverage. Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets.

AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans

Alongside fellow members of the Alliance of African Multilateral Financial Institutions (AAMFI), Afreximbank has consistently maintained that African Multilateral Financial Institutions should be assessed on the basis of their fundamentals, performance, legal frameworks, mandates and operating models. Ensuring that these institutional characteristics are properly understood is essential to achieving informed, balanced and credible assessments of African risk.

Commenting on the uniqueness of the African market, and need for AfCRA’s rating methodology to reflect this, Mr Denys Denya, Senior Executive Vice President, Afreximbank, said: “The rating methodology AfCRA develops must recognise the uniqueness of our environment and its institutional structures. The Agency must set its own standards and not follow those set elsewhere — it must build a unique identity that conforms to an ‘African best practice.”

Highlighting the need for the autonomy of the Africa Credit Rating agency as it takes off, Mr Denya added: “Most importantly, AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans. We must all use it, and in return expect a complete assessment of where we (Africa) stand: the strengths the market has ignored, and the weaknesses we still need to fix.”

AfCRA should therefore be seen as complementary to existing international and regional rating agencies, broadening the range of credible analysis available to investors and issuers while strengthening competition, transparency and analytical capacity within Africa’s credit markets.

As Africa seeks to mobilise the scale of capital required for industrialisation, trade, infrastructure and economic transformation, credible African institutions that improve information, strengthen market confidence and deepen the continent’s financial markets will become increasingly important.

Afreximbank congratulates the African Union, the African Peer Review Mechanism (APRM) and all those involved in bringing AfCRA from concept to launch, and looks forward to the contribution the Agency will make to deeper, more transparent and more efficient African capital markets.

Distributed by APO Group on behalf of Afreximbank.

 




 

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