Technology

CGTN: China, Africa set to embrace closer economic, trade ties at FOCAC

Published

2 weeks ago

September 2, 2024

BEIJING, Sept. 2, 2024 /PRNewswire/ — Located 95 kilometers southeast of Addis Ababa, in the heart of the East African Rift, the Adama Wind Power Project stands tall with its impressive 80-meter-high white turbines. The project, built by Chinese companies, is a landmark in the partnership between China and African countries.

Since they started operating in May 2015, the wind turbines have been a vital source of power for about 600,000 households. They have helped ease Ethiopia’s power shortages, reduced the need for diesel generators and supported economic growth. Around 2,100 local jobs were created and several universities are involved in training and maintenance. This hands-on experience has prepared many for future roles in Ethiopia’s wind energy sector.

Adama city has also seen significant growth, with its population rising from 324,000 in 2015 to over 480,000 in 2023. Improved infrastructure and investment have attracted businesses from various countries, leading to rapid changes in the city’s landscape. For nearby villagers, improvements in transportation, reliable electricity, and enhanced access to education and healthcare have greatly elevated their quality of life.

Chinese firms have brought advanced green technology to Ethiopia, helping the government meet its renewable energy goals. And the collaboration has also contributed to a green transformation and the global fight against climate change.

China and African countries have enjoyed a friendship since World War II, and recent years have seen increasing collaboration through initiatives like the Belt and Road Initiative (BRI). From railways and roads to wind farms and power stations, as well as schools and hospitals, China-assisted infrastructure projects have supported African economic development across the continent.

The Addis Ababa–Djibouti railway, a transport artery connecting Ethiopia and Djibouti, for example, has greatly cut travel times, reduced logistics cost and boosted local economic growth. To date, the railway has transported 680,000 passengers and 9.5 million tonnes of cargo, with an average annual growth rate of 39 percent in revenue.

According to the white paper “China and Africa in the New Era: A Partnership of Equals” released by China’s State Council in 2021, since the establishment of the Forum on China-Africa Cooperation (FOCAC) in 2000, Chinese companies have helped African countries build or upgrade more than 10,000 km of railways, nearly 100,000 km of highways, roughly 1,000 bridges, almost 100 ports, and 66,000 km of power transmission and distribution.

Closer economic and trade ties

Aside from BRI projects, China and African countries have also developed closer economic and trade ties with ever-increasing trade volume, diversified commodities and services. China has been Africa’s largest trading partner for 15 consecutive years. Data from China’s General Administration of Customs showed that China–Africa trade reached a record high of $282.1 billion in 2023, up 1.5 percent year on year, and trade between China and Africa rose 5.5 percent year on year to 1.19 trillion yuan (about $166.6 billion) between January and July.

According to Sang Baichuan, dean of the Institute of International Economy at China’s University of International Business and Economics, China–Africa trade has grown rapidly as a result of win-win cooperation. He said that the Chinese economy and the economies of African countries are highly complementary, as China possesses mature and applicable technologies, equipment, and sufficient capital, while African countries have significant advantages in terms of manpower and natural resources.

“Strengthening trade ties between China and Africa is beneficial in leveraging their respective advantages and vast markets, achieving mutual benefits, and win-win development,” said Sang.

Diane Sayinzoga, a senior official with the United Nations Conference on Trade and Development (UNCTAD), also spoke highly of the China–Africa trade partnership, saying it has facilitated major infrastructure projects that are crucial for the economic integration and growth of the African continent.

She added that China’s assistance is also aligned with UNCTAD’s goals of promoting Africa’s sustainable development by enhancing its manufacturing capacities, increasing trade opportunities, fostering economic diversification, and integrating African countries into the global value chain.

Beijing is set to hold the 2024 FOCAC Summit from September 4 to 6. Experts say the forum will be a crucial opportunity for China and Africa to deepen their economic and trade relationships, achieving mutual benefits and advancing shared development goals.

“FOCAC has led to numerous agreements on investment, trade and development projects between China and African countries to achieve shared development goals, which are perfectly in line with UNCTAD’s mission,” Sayinzoga said.

https://news.cgtn.com/news/2024-08-30/China-Africa-set-to-embrace-closer-economic-trade-ties-at-FOCAC-1wuF1bzTjVe/p.html

SOURCE CGTN

Technology

AIE Graduates create visual effects for Academy-nominated film

Published

33 mins ago

September 20, 2024

NAWI, a feature film whose visual effects were created by graduates from the Academy of Interactive Entertainment (AIE), has been officially nominated by Kenya for entry into the 97th Academy Awards in the category of Best International Feature Film. NAWI is a heartfelt story about a young girl’s journey towards empowerment and aims to shed light on a pressing issue that affects countless young women in the Turkana region of Kenya.

CANBERRA, Australia, Sept. 19, 2024 /PRNewswire-PRWeb/ — NAWI, a feature film whose visual effects were created by graduates from the Academy of Interactive Entertainment (AIE), has been officially nominated by Kenya for entry into the 97th Academy Awards in the category of Best International Feature Film. NAWI is a heartfelt story about a young girl’s journey towards empowerment and aims to shed light on a pressing issue that affects countless young women in the Turkana region of Kenya.

“The film has a very important social message to tell so it was rewarding in many ways to be able to contribute to this project. NAWI was a fantastic opportunity for our graduates to put their skills to the test on a full-length feature film,” said Tom Pugh.

AIE graduates and teachers were given the opportunity to work on the film’s visual effects through AIE’s ongoing partnership with Learning Lions, who produced the film with Film Crew & Baobab Pictures. AIE is proud to support Learning Lions non-profit mission to enable young adults in marginalised rural communities of East Africa to become digital creatives by providing game development training and technology.

The visual effects for NAWI were brought to life by AIE teachers and experienced industry professionals, Thomas Magill and Tom Pugh, who were tasked with supervising the visual effects and liaising with the film’s Directors, Apuu Mourine, Kevin Schmutzler, Tobias Schmutzler and Toby Schmutzler. They assembled a team of recent AIE graduates and worked out how to create the effects required to immerse audiences in Nawi’s world.

“Graduates were able to take the skills they had learnt in class and apply them to cinema-quality footage. There was even a bit of nervous excitement working with professional expectations and deadlines,” said Tom Pugh.

Thomas Magill explained that most of the work involved compositing such as fixing blemishes, removing unwanted folds in clothing, changing pages in a book and removing background actors that were in the wrong place.

“We had a river shot where there was only a sandbank, and we had to create an entire island! There were several shots filmed in a dry riverbed which required us to create floodwater. We had to draw upon various disciplines: not just digital compositing but also visual effects creation and fluid simulations,” said Thomas Magill.

Both teachers enthused that the directors were a pleasure to work with and the collaboration was smooth.

Learning Lions and AIE look forward to seeing NAWI progress through two rounds of voting by members of the Academy of Motion Picture Arts and Sciences to narrow the list of submitted films down to five nominees for the Best International Feature Film.

About Academy of Interactive Entertainment (AIE)

AIE offers practical, career-focused courses delivered by industry-experienced teachers in 3D animation, game development, visual effects and film. Since 2019 AIE has sponsored scholarships to their Certificate and Diploma programs to Learning Lions student. AIE provided laptops and is supporting with opportunities at various gaming companies around the world for paid part-time and full-time work.

https://aie.edu.au/

About Learning Lions

Learning Lions is fighting poverty with digital opportunity. Established in 2015, Learning Lions equips local youth with essential IT and media skills, and empowering them to become entrepreneurs and self-sustaining individuals. By leveraging digital services, these aspiring entrepreneurs not only support themselves but also provide opportunities for others through employment and mentorship.

https://www.learninglions.org/

Media Contact

Neil Boyd, Academy of Interactive Entertainment, 61 434273190, neilb@aie.edu.au, https://aie.edu.au/

Facebook, LinkedIn

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SOURCE Academy of Interactive Entertainment

Technology

Valhalla MSO Launches Impetus One to Enhance Valhalla Vitality’s Telehealth Platform

Published

33 mins ago

September 20, 2024

Valhalla MSO launches Impetus One, enabling healthcare providers to expand services, improve patient retention, and boost revenue with no upfront costs

MIAMI, Sept. 19, 2024 /PRNewswire-PRWeb/ — Valhalla MSO is excited to announce the launch of Impetus One (IO), a new software designed to power the Valhalla Vitality Network Provider Program. This initiative aims to expand the reach and capabilities of independent healthcare providers by offering an alternative to the traditional insurance model. With a focus on preventative medicine and wellness therapies, the platform is set to enhance patient care while creating new revenue opportunities for providers.

The Valhalla Vitality Network Provider Program addresses the gap created by insurance companies that often deny coverage for preventative medicine, wellness services, and even weight loss therapies. Insurance typically does not compensate healthcare providers for the time spent improving a patient’s overall health. Impetus One (IO) offers an alternative by providing a cash-pay marketplace where providers are fairly compensated for delivering impactful, life-changing services to their patients.

Key Benefits for Providers

Impetus One Software Integration: The platform integrates seamlessly with Valhalla Vitality, offering an e-commerce marketplace that connects patients with a wide range of health services. Providers can easily adopt the system to deliver therapies and other services, ensuring smooth payment processing and order fulfillment.No Upfront Costs: Providers can join the Network Provider Program without any initial fees. They simply share a unique link with patients, allowing for easy access to services, and payments are processed as orders are placed. Partner pharmacies handle medication shipments directly, creating a hassle-free experience for providers.Boosting Patient Retention: The platform includes a VIP Rewards Program, designed to increase patient retention and loyalty. Patients earn points for discounts and exclusive benefits, which encourages ongoing engagement and care continuity.E-commerce and Wellness Integration: Unlike typical affiliate programs, Valhalla Vitality allows providers to retain full control of their patient relationships. Providers can generate revenue through the integrated e-commerce system without worrying about referral fees or kickbacks, enabling them to focus solely on delivering high-quality patient care.

By joining the Valhalla Vitality Network Provider Program, healthcare providers gain access to a scalable model that helps increase profits, introduce new services, and enhance patient satisfaction. The VIP Rewards Program also strengthens the bond between patients and providers, making healthcare more accessible and rewarding for all.

Healthcare providers looking to grow their practices and increase revenue can join the Valhalla Vitality Network by visiting http://www.providevitality.com. Valhalla MSO’s new platform is a powerful tool for delivering advanced, patient-centric healthcare with a focus on accessibility and quality.

For more information, visit Valhalla Vitality at http://www.valhallavitality.com.

Media Contact

Chris K., Valhalla Vitality, 888-888-8888, ck@s99agency.com, https://valhallavitality.com/

View original content to download multimedia:https://www.prweb.com/releases/valhalla-mso-launches-impetus-one-to-enhance-valhalla-vitalitys-telehealth-platform-302253701.html

SOURCE Valhalla Vitality

Technology

Ultima Markets Wins Two Prestigious Awards at Global Forex Awards–Retail 2024!

Published

33 mins ago

September 20, 2024

LIMASSOL, Cyprus, Sept. 19, 2024 /CNW/ — Ultima Markets, a leading global forex and CFDs brokerage, is thrilled to announce its double success at the prestigious Global Forex Awards – Retail 2024. The company won two distinguished awards: “Best Affiliates Brokerage – Global” and “Best Fund Safety – Global.”

The awards were presented during the event in Limassol, Cyprus, where Jean Philippe, Board Advisor, Corporate Governance and Sustainability at Ultima Markets, accepted the honours.

The Global Forex Awards – Retail has celebrated excellence in trading innovation for seven consecutive years. Ultima Markets’ dual wins reflect its commitment to quality, client-centric strategies, and strong partnerships across the financial services sector.

The “Best Affiliates Brokerage—Global” award recognises Ultima Markets’ exemplary affiliate programme, which has successfully driven its global expansion. It is celebrated for its transparency and competitive rewards tailored to affiliate needs.

Receiving the “Best Fund Safety – Global” award highlights Ultima Markets’ efforts to safeguard client assets. Through its partnership with Willis Towers Watson, the company provides up to USD$1,000,000 in insurance per account, while its Financial Commission membership ensures clients access to up to €20,000 in compensation funds.

These recognitions underscore Ultima Markets’ priority to security and transparency, including segregated accounts and robust risk management practices. The broker also assures affiliate partners of exceptional standards.

Commenting on the awards, Jean Philippe said, “These recognitions reflect the exceptional work of our teams to ensure the safety of traders’ funds and our dedication to creating value for our partners and clients. We will continue to evolve and innovate to meet the market’s demands.”

Ultima Markets is renowned for its extensive range of trading products and personalised customer service, designed to meet clients’ diverse needs worldwide. The dual recognition marks a significant milestone in the company’s global growth and reaffirms its reputation for delivering fund safety and robust affiliate opportunities.

“We are delighted to be recognised with these awards, which reflect our mission to create a secure trading environment and build strong, rewarding partnerships,” said Jack Li, Ultima Markets’ Regional Business Director.

About Ultima Markets

Ultima Markets is a fully licensed, fast-growing broker offering access to 250+ financial instruments. With a team of 2,000+ professionals in 15 global offices, we serve clients in 172 countries. Check out more about our awards on Facebook, X, Instagram, LinkedIn and YouTube.