Connect with us

Technology

Subra Shankhar Joins TradeFlow Capital Management as Senior Advisor, Africa Trade Partnerships and Digital Ecosystem Development

Published

on

SINGAPORE, June 9, 2024 /PRNewswire/ — TradeFlow Capital Management (TradeFlow) is pleased to announce the expansion of our team with Subra Shankhar joining us as Senior Advisor, Africa Trade Partnerships and Digital Ecosystem Development. 

Subra’s expertise in trade finance, digital trade ecosystem development, FinTech and stakeholder engagement will be invaluable as TradeFlow continues to grow our presence and impact across the African continent.

In this role, Subra will have a dual focus on:

1.    Building strategic commercial partnerships across Africa to strengthen the digital and general trade ecosystem, as well as the financing capabilities of our Trade Flow funds.
2.    Engaging with diverse stakeholders in the African trade landscape to drive the coordination and execution of initiatives that support import/export and inventory storage transactions. 

Subra will also provide strategic recommendations to senior management on matters impacting our global Ecosystem.

Subra has over 30 years of success building and running businesses in the tech industry. He has grown in the past decade as a respected voice in digitisation of trade. As founder and principal of TOTTA, he is driven by his core belief in digitization, with a focus on securing finances and making trades happen in reality.  

Dr. Tom James, CEO of TradeFlow stated: “TradeFlow has been active in Africa since 2018 and I am very excited to welcome Subra aboard to help execute our plans to scale up our activity across the African continent. TradeFlow is now in its 7th year of strong and stable growth and Subra’s expertise will no doubt help us further our Digital Trade capability and overall trade capacity.”

Added John Collis, CRO of TradeFlow: “Tradeflow is helping more and more SMEs and local communities across Africa through our TradeFlow Funds. With Subra joining us, we shall be able to scale up our Funds to effect greater positive impact across Africa.”

About TradeFlow Capital Management (TradeFlow)

TradeFlow is the world’s leading and first Fintech-powered commodity trade fund manager, enabling the import/export physical commodity transactions for SME size firms by employing its unique non-credit lending approach to trade finance. 

Through its USD Trade Flow fund and EURO Trade Flow Fund, to date, TradeFlow has successfully invested in more than US$3.5 Bn of physical commodity trade through 3500+ transactions across 18+ countries and 35+ commodity types, with more than 1800 SME counterpart entities KYC reviewed. The Trade Flow fund strategy, which is also shariah complaint for murabaha transactions, was conceived over 9 years ago and went live in April 2018.

TradeFlow consists of a diverse team of experts with the focused mission of addressing the increasing trade finance gap (US$2.5 Trillion) faced by global SMEs operating as producers/traders/end-users in the bulk commodity trading space. By performing an enabling role in international trade and globalization, TradeFlow creates stable asset backed returns for its investors, opportunities for businesses and growth for economies.

TradeFlow is a Partner of the International Chamber of Commerce (ICC) to mobilise capital and improve trade finance access for SMEs worldwide through the “‘ICC Trade Now” and “ICC Digital Trade Standards Initiative” platforms.

For more information, please visit: www.tradeflow.capital.

Logo – https://mma.prnewswire.com/media/1994878/4747763/TradeFlow_Tagline_Logo.jpg

View original content:https://www.prnewswire.co.uk/news-releases/subra-shankhar-joins-tradeflow-capital-management-as-senior-advisor-africa-trade-partnerships-and-digital-ecosystem-development-302166045.html

Continue Reading
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Technology

Huawei Participates in the First In-Person Internet of Things (IoT) Architecture Working Group Meeting on IEEE P2413.2, Standard for Reference Architecture for Power Distribution IoT (PDIoT)

Published

on

By

MILAN, Nov. 14, 2024 /PRNewswire/ — On October 23, 2024, the first in-person Internet of Things (IoT) Architecture Working Group Meeting on IEEE P2413.2, Standard for Reference Architecture for Power Distribution IoT (PDIoT) was held in Milan, Italy. During the meeting, representatives of State Grid of China and several European power companies discussed the IEEE P2413.2 standard outline, IDS reference architecture, and cloud-edge-device-pipe functional requirements, shared the latest research results, and submitted key proposals.

At the meeting, the proposal for key features of the PDIoT architecture and the first standard version proposal was submitted. This marks a key progress made by the working group in promoting the PDIoT architecture towards international standards and the official start of the formulation of the PDIoT international standard.

Standards are the cornerstone upon which any industry is built and are a great tool to promote industry digitalization. They help drive collaboration and cooperation across each phase of digitalization as they unify expectations for interfaces and guide technical paths. They also lead the direction of technological innovation and encourage enterprises to explore new technologies and models to adapt to market needs and industry transformation.

IEEE is the world’s largest technical professional organization, comprising of 460,000 members from more than 190 countries. The IEEE Standards Association is a global standardization body where diverse expert communities focus on formulating standards regarding emerging technology areas such as AI, AI Ethics, quantum, metaverse as well as standards around electrical devices, experiment methods, original components, symbols, definitions, and test methods. The organization is a key source of global, market-relevant standards across many emerging and critical technology fields.

The new power system faces challenges relating to green energy structure, flexible power grid control, interactive power consumption, coordinated and interactive energy storage on the power generation-grid-load sides, and the complex electricity-carbon transaction system. Digitalization and intelligence are key to coping with these challenges.

The PDIoT is a key component of smart grids. It uses highly interconnected devices and systems to implement efficient energy distribution and optimized management. The standards working group meeting was focused on PDIoT. Huawei and other working group members proposed the draft outline, IDS architecture, and cloud-pipe-edge-device functions. State Grid Shaanxi took the lead in providing 14 application scenarios for the PDIoT architecture.

Jason Li, President of Global Marketing & Solutions, Electric Power Digitalization Business Unit, Huawei, said that to meet the challenges of the new power system in the future, an open and cooperative environment and a unified international standard architecture are crucial. “Based on the IEEE P2413 IoT standards platform, Huawei works with global power companies, ecosystem partners, and IEEE Standards Association to establish a framework that is globally applicable, open, and sustainable. This will not only promote the intelligent development of power distribution networks and the coordinated development of the power industry, but also provide a technical innovation foundation for future power systems,” He explained. The standard architecture will also contribute to global energy transition and sustainable development.

The formulation of the IEEE P2413.2 PDIoT international standards at this meeting is intended to meet specific power distribution requirements amid the digital transformation of the global power industry and help high-speed power line communications (HPLC) play a more important role in the power sector.

Photo – https://mma.prnewswire.com/media/2557533/Participants_celebrating_a_successful_meeting.jpg 

View original content:https://www.prnewswire.co.uk/news-releases/huawei-participates-in-the-first-in-person-internet-of-things-iot-architecture-working-group-meeting-on-ieee-p2413-2–standard-for-reference-architecture-for-power-distribution-iot-pdiot-302305106.html

Continue Reading

Technology

Gentoo Media – Mandatory notification of trade

Published

on

By

ST JULIANS, Malta, Nov. 14, 2024 /PRNewswire/ — MJ Foundation Fundacja Rodzinna, a company related to Mateusz Juroszek, Board Member and primary insider of Gentoo Media Inc. (Gentoo) has today acquired 115,604 shares in Gentoo at a price of SEK 24,996 per share. After this transaction, close associates of Mateusz Juroszek hold 24,027,766 shares in Gentoo.

This information is subject to the disclosure requirements pursuant to Section 5-12 of the Norwegian Securities Trading Act.

For further information, contact:
Tore Formo, Group CFO, tore.formo@g2m.com, +47 91668678

About Gentoo Media

Gentoo Media is a market-leading affiliate connecting operators and players in the online gambling and sports betting industry. Gentoo Media offers an array of iGaming affiliate solutions, such as paid marketing expertise and quality traffic through our prominent industry sites including AskGamblers, Time2Play, CasinoTopsOnline, WSN and Casinomeister. In 2024, Gentoo Media (formerly GiG Media) became Gentoo Media Inc. following a legal split separating the Media and Platform and Sportsbook business in Gaming Innovation Group (GiG) into two independently listed companies. Gentoo Media Inc. is dual listed on the Oslo Stock Exchange (ticker “G2MNO”) and Nasdaq Stockholm (ticker “G2M”). www.gentoomedia.com

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/gentoo-media-inc/r/gentoo-media—mandatory-notification-of-trade,c4066199

View original content:https://www.prnewswire.co.uk/news-releases/gentoo-media—mandatory-notification-of-trade-302305030.html

Continue Reading

Technology

Xinhua Silk Road: World IoT expo 2024 opens in E. China’s Wuxi to showcase future of smart connectivity

Published

on

By

BEIJING, Nov. 14, 2024 /PRNewswire/ — The World Internet of Things (IoT) Exposition 2024 kicked off on Monday in Wuxi City of east China’s Jiangsu Province, attracting industry leaders, representatives of enterprises and experts from across the globe to discuss industry trends and demonstrate innovative applications.

At the expo’s opening ceremony, Wuxi unveiled a national pilot project in intelligent connected vehicles, which aims to create a cohesive mode for car owners, vehicles and cities connection, contributing Wuxi’s expertise to smart vehicle initiatives.

Additionally, a new smart sensing chip engineering center was launched, representing an investment of over 1 billion yuan and focusing on high-density large-scale substrates and other advanced chip technologies to strengthen the city’s integrated circuit development.

The event also saw the release of several major IoT research achievements, including the 2024 IoT innovation development Taihu index and the 2024 white paper on advanced sensing technology and applications.

The three-day event features exhibitions, panel discussions, and thematic sessions that showcase the latest development in IoT innovations and applications. This year’s expo is poised to drive Wuxi’s high-quality growth in IoT while promoting global tech collaboration and knowledge sharing in the IoT field.

Wuxi has become a navigator of the IoT industry in China. The latest statistics show that in 2023, the scale of the IoT industrial cluster in Wuxi surpassed 450 billion yuan, taking the lead in Jiangsu Province.

Original link: https://en.imsilkroad.com/p/343117.html

SOURCE Xinhua Silk Road

Continue Reading

Trending