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Over 140 countries’ young change-makers attend the 17th Climate Change Conference of Youth

Over a thousand young people from more than 140 countries closed out the three-day Climate Change Conference of Youth (COY17) just days before the official opening of the United Nations Climate Change Conference (COP27) in Sharm El-Sheikh, Egypt.

The Climate Change Conference of Youth is an annual event under the banner of YOUNGO – the Official Youth Constituency of the United Nations Framework Convention on Climate Change (UNFCCC). Its 17th edition was organized and led by five Egyptian youth organizations namely: Act—Sustainable, El Emam Foundation, Enviro-X, Youthink Green Egypt, and Youth Loves Egypt, with the support of the Egyptian Ministry of Youth and Sports and endorsed by the COP President Designate.

“Young people are the Plan A and only plan in this most difficult moment, and their voices are needed to fight against backsliding, delay or deprioritization of climate action,” said Ambassador Aboulmagd added, the COP27 President Special Representative.

Featuring 68 workshops, panel discussions and side events held over three days, COY serves as a space for capacity building and policy development to prepare young people for their participation at COP, thereby empowering them and formally bringing their voices to the UNFCCC processes.

The key outcome of COY17 is a policy document called the Global Youth Statement, a comprehensive text providing youth input to world leaders on the steps they believe should be taken to advance climate action. The 66-page policy document provides detailed advice on a range of topics from mitigation and adaptation to just transition and financing, including a call for a loss and damage facility.

“From heat waves across Europe to droughts across Africa and massive flooding in Asia, the past year of extreme weather events have served as another wake-up call for humanity,” the text reads. “Global Youth urges political leaders to take heed, take charge, and take action. We have no more time to lose. Our future literally depends on it.”

The statement was presented to the incoming Egypt COP Presidency on the final day of COY17.

“We welcome the great work done to produce a rich, comprehensive and detailed policy statement that we consider a very important input to the COP negotiations and its outcomes,” said Ambassador Wael Aboulmagd, Special Representative of the Egypt COP27 Presidency, in a statement delivered on behalf of the incoming COP President.

The Egypt COP Presidency has taken a number of steps to ensure that the youth constituency is playing a key role in COP27 including the first ever Youth Climate Pavilion and Youth-led Climate Forum, the creation of a full Young and Future Generations day co-created and implemented with YOUNGO, and the establishment of a COP27 Presidency Youth Envoy, Dr. Omnia El Omrani.

“The biggest issue we want to address is climate justice and intergenerational equity,” said Dr. Omrani. “As the largest demographic on Earth, we are disproportionately impacted by the physical and mental health impacts of climate change. At the same time, we contribute the least in the decision-making process, so we don’t want to be excluded. We want and deserve to be meaningfully engaged.”

“As young people we are in the forefront facing climate change consequences and we have a major role to influence global attention and commitment,” said Saad Ukkas, program co-lead of the first-ever COP Children and Youth Pavilion.

Organizers of the COY and the youth agenda at COP were clear about the critical importance of creating a formal link between youth voices and the COP process.

“COY17 represented a leap transformation point in the role of youth in enforcing climate action across the global climate agenda,” said Abdelrahman Fahmy, Managing Partner, youthinkgreen Egypt. “History will remember this COY hosted by Egypt as the igniting point for youth driven implementation.”

The key findings of the policy paper will be introduced via two roundtables under the Youth-led Climate Forum on Young and Future Generations Day on November 10 at COP27 in Sharm El-Sheikh. For the first time ever, this youth statement will find its way to the COP Presidency’s Action Agenda where youth representatives, Ministers and negotiators will discuss the expectations and the demands agreed by the youth activists.

“Youth participation needs to be integrated into a holistic vision of climate change governance for deeper structural changes to take effect,” said Claudia Ondo, National Coordinator of YouthConnekt Gabon. “This requires accepting the sharing of power between young people and adults. And it means letting us speak our minds, tell our stories and offer our solutions to achieve a resilient future and climate-neutral society.”

In addition to providing programmatic linkages between the youth constituency and the formal UNFCCC process, the incoming COP Presidency provided financial support for youth to attend COY17.

“Not only did COY17 finalize the 2022 Global Youth Statement it also saw youth finding new knowledge, connections and funding to implement their creative solutions, especially dynamic new initiatives coming from young Egyptians,” said Xan Northcott, Global North Focal Point, Children and Youth Constituency to UNFCCC.

YahClick addresses connectivity and security issues at AfricaCom 2022 with new solutions.

Cape Town, South Africa – 4 November 2022 – YahClick, the Data Solutions subsidiary of Al Yah Satellite Communications Company PJSC, has announced its presence at AfricaCom 2022, the largest digital infrastructure event in Africa, where they will showcase their latest solutions tackling connectivity and security in the region. A part of Africa Tech Festival 2022, the country’s biggest technology event, AfricaCom 2022 will be held from 8th – 10th of November, under the theme of connecting the next billion people.

YahClick has been operational in Africa for the past 12 years, which has enabled the company to get an in-depth understanding of the markets they serve, the infrastructure requirements, as well as the challenges the continent faces. This learning, paired with YahClick’s customer focused approach, has resulted in the introduction of three new solutions that will be showcased at the event. These include the YahClick Backup Solution to ensure continued connectivity during power outages, YahClick Security Solution for the security conscious and YahClick Booster Solution for seamless connectivity, each of which are targeted to specific segment needs for both home and enterprise use.

To address interruptions in connectivity due to frequent power cuts, YahClick Backup was developed to ensure users are provided with backup Internet connectivity until service is properly restored on the primary network. A must-have for both business and home use, this solution tackles the unpredictable network downtime which negatively impacts business continuity and productivity.

The YahClick Booster also tackles the need for seamless connectivity by aggregating existing connections into one high-speed Internet connection. The solution essentially combines bandwidth and throughput from two separate YahClick Broadband links into one single connection, which can result in download speeds of up to 40 Mbps. This end-to-end solution will be sold as a bundle by service partners, with the YahClick Broadband solution and the required Peplink Balance hardware, installation, commissioning, and initial setup.

In addition to the need for uninterrupted and seamless connectivity, the region has also become increasingly conscious when it comes to security. As such, YahClick Security targets the fundamental requirements of security and safety in rural and remote areas, by bundling together cutting-edge security solutions with an optimized satellite package for high-speed internet alongside a cloud-managed security platform. The solution will enable customers to get real time security updates that help protect their business or home, regardless of their location.

Commenting on the showcase, Sulaiman Al Ali, Chief Executive Office of YahClick said, “We live in a digital age today which makes strong, fast, and reliable connectivity a necessity for progression. Many of the rural and remote areas are often faced with the challenge of not having easily accessible or dependable Internet. This has widespread impact on the economy and leads to lost opportunities as it affects productivity and business confidence. As part of our commitment to the region, we strive to provide the African market with the right tools needed for overall development that are both affordable and scalable. This is what inspired the development of our new solutions as we continue to work towards connecting the next billion.”

YahClick (powered by Hughes)

YahClick (powered by Hughes) provides commercial Ka-band satellite broadband solutions to unserved and underserved communities across the Middle East, Africa, Central and Southwest Asia. YahClick (powered by Hughes) aims to unlock the socio-economic potential of the communities it serves by bringing the benefits of digital inclusion through its cost-effective and high-performance broadband solutions. Delivered through the High Throughput Satellites (HTS), the service uses the efficiencies provided by the reusable ka-band satellite frequency and is powered by multi-spot beam technology to make satellite broadband affordable and dependable in areas where there is limited to no terrestrial infrastructure.

YahClick (powered by Hughes) is a joint venture between the UAE-based Al Yah Satellite Communications Company PJSC, which is a public company listed on the Abu Dhabi Securities Exchange (ADX) and a subsidiary of Mubadala Investment Company, and Hughes Network Systems, a subsidiary of EchoStar Corporation (NASDAQ: SATS).

For more information, visit: www.yahclick.com

About Yahsat

Al Yah Satellite Communications Company PJSC (Yahsat) is a public company listed on the Abu Dhabi Securities Exchange (ADX) and a subsidiary of Mubadala Investment Company PJSC, offering multi-mission satellite services in more than 150 countries across Europe, the Middle East, Africa, South America, Asia and Australasia.

Yahsat’s fleet of 5 satellites reaches more than 80% of the world’s population, enabling critical communications including broadband, broadcasting, backhauling and mobility solutions. Based out of Abu Dhabi in the UAE, Yahsat provides C, Ku, Ka and L-band satellite communications solutions for land, maritime and aero platforms to consumers, governments and enterprises. Its businesses consist of Yahsat Government Solutions, Thuraya, YahClick (powered by Hughes) and YahLink. Yahsat also participates in Hughes do Brasil, an equity partnership with Hughes, and Yahlive, an equity partnership with SES. In 2020, Yahsat commenced construction of Thuraya 4-NGS, the next generation telecommunications system for Thuraya, which is due to be in service during 2025.

 

Considering taking a road trip? Here is a wonderful music playlist for you and your family.

Summer is here and the December holidays are fast approaching. This is when the focus will be on catching up on much needed rest and relaxation. Part of this is taking the family on adventurous road trips. After all, the chaos of the year with school, projects, exams, and work will all be quickly forgotten once you hit the open road. With the user-friendly HUAWEI Music app by your side, you can quickly create the best kid-friendly playlists to make these trips truly memorable.

Let’s face it, there’s just something special about putting on some rocking tunes and fun sing-a-long songs to set the perfect holiday mood. But how do you find the best family-friendly tracks that are guaranteed to keep everyone entertained? Well, the HUAWEI Music app features a powerful search function that uses all kinds of AI wizardry to help you compile the perfect playlist.

How to get your playlist sorted

You’ve got two options. Firstly you can browse through thousands of carefully curated playlists compiled by professional editors or secondly create your own playlist. Either way, the AI engine built into HUAWEI Music will learn from the music you like and make recommendations based on your preferences. This way you can be confident that the tunes you play will have everyone jiving in the car while you travel the highways and byways of sunny South Africa.

With HUAWEI Music you can do a quick search for ‘road trip’ to access songs, playlists, artists and albums to get you started. For instance, the ‘Classic Road Trip Songs’ playlist features classics such as ‘Simple Minds’, ‘Don’t You Forget About Me’, Bon Jovi’s ‘Livin On A Prayer’, and ‘Have You Ever Seen The Rain’ by CCR. These playlists give you a good few hours’ worth of entertainment as a start.

Keeping your songs kid-friendly

HUAWEI Music offers a parental control function whereby songs which are not intended for young ears, have an ‘E’ next to the title. This means it is the explicit version of a song that usually refers to the lyrics containing swearing or feature other mature content.

Chart-toppers for your selection

There’s also the brilliant Chart section on HUAWEI Music. From the Top Weekly, Top Monthly and Top Local charts, all the way through to the Top International, Top Pop and everything in between, HUAWEI Music has you spoilt for choice when it comes to ideas for happening tracks.

In the Top Moods & Activities section, you get a brilliant selection of playlists that cover such as ‘Keep Smiling’, ‘Viral Hits’, and ‘Play & Dance’ to ensure that you will never experience a dull moment in the car when hitting the open road.

Identify your tune

Maybe you listened to a brilliant song on the radio? Well, with the HUAWEI Music Identify feature, you can identify the title of any song you are listening to and add it directly onto your playlist from HUAWEI Music.

Overall, you can’t go wrong with HUAWEI Music as you plan those amazing road trips that will delight your entire family. Download HUAWEI Music now and be ready to create great playlist for the December holidays! Click here to download HUAWEI Music.

New Fujifilm X-T5 offers major features in smaller body

Fujifilm-X-T5

Fujifilm South Africa announced their highly anticipated Fujifilm X-T5, the new flagship in the popular X-T series of mirrorless cameras. The X-T5 joins the recent Fujifilm X-H2 and X-H2S as the top models currently available for the X Mount system.

There are a number of improvements the X-T5 brings to the table which cater to the diverse needs of photographers and video creators of all abilities. To start, the X-T5 includes the back-illuminated 40.2MP X-Trans CMOS 5 HR sensor, similar to the X-H2. This sensor can capture light more efficiently thanks to the improved pixel structure, while ISO125 is now available as a standard option.

X-T5-up-with-3rd-party-strap

Combined with the latest X-Processor 5 high-speed image processing engine, it allows the X-T5 to manage shutter speeds as fast as 1/180000 sec. This ensures large-aperture lenses can be used in a greater variety of conditions. Low-light shooters will value the camera’s 5-axis in-body image stabilisation (IBIS) of up to 7.0 stops.

More in less

New and old Fujifilm users will appreciate several of the X-T5’s features. Not only does it offer analogue manual controls via the three dials on the top panel (controlling ISO, shutter speed and exposure compensation), but the X-T5 returns to a smaller form factor that weighs in at 557g (including battery and memory card), compared to the previous X-T4’s weight of 607g. This makes the X-T5 highly portable and suitable for a range of photographic duties, including street, travel and sport photography/videography.

Photographers are able to compose their photographs either through the excellent high-magnification 3.69-million-dot electronic viewfinder, or the new 1.84-million-dot three-way tilting LCD on the back. This has been redesigned to make it easy to shoot in a vertical position or at waist level.

Other features include the Smooth Skin Effect; Subject Detection AF capable of detecting animals, cars and birds; and AI-based high-precision auto white balance which assists users in producing high quality photographic images.

Pixel Shift included and ready for videographers

Importantly, the X-T5 offers Pixel Shift Multi-Shot function (as seen on the X-H2), which quadruples image resolution and produces accurate colour reproduction, making it ideal for commercial photography. The IBIS mechanism is used to shift the image sensor at high precision to carry out automatic shooting of 20 frames in a single click of the shutter. Using the dedicated Pixel Shift Combiner software, users can process the captured frames to generate an image containing some 160 million pixels.

Videographers should not feel left out since the X-T5 can record 6.2K video internally at 30P in 4:2:2 10-bit colour. The camera also features the 4K HQ mode, which uses 6.2K over-sampling to produce high-quality video, while making the maximum advantage of the high-resolution sensor. Furthermore, the X-T5 supports F-Log2, which records an expanded dynamic range of 13+ stops. This range is wider than current F-Log, broadening post-production potential.

New Macro Lens too

Also coming to South Africa is the Fujinon XF30mmF2.8 R LM WR Macro lens with a minimum focus distance of only 10cm. This new addition to the line-up of interchangeable XF lenses designed for X Series is a weather-sealed standard prime lens with the focal length of 30mm (equivalent to 46mm in the 35mm film format). Compared to conventional standard lenses, this product has a substantially reduced minimum working distance and greatly improved close-up performance, capable of macro photography at a 1:1 magnification ratio. The lens also uses the Inner Focus system, in which a linear motor drives the focusing group of elements, to deliver fast and highly accurate autofocus.

Price and availability

Photographers looking to purchase the X-T5 will not have to wait long. The highly versatile Fujifilm X-T5 will be available in South Africa during mid-November 2022 for a suggested retail price of R28 899 incl. VAT for the body only. There will be two body+lens kits to purchase: The X-T5 plus 18-55mm lens for R33 199, or the X-T5 plus 16-80mm for R35 199, both incl. VAT.

The Fujinon XF30mmF2.8 R LM WR Macro lens is set to retail for a suggested R10 700 incl. VAT, available mid-November too.

Exercise really can help you sleep better at night – here’s why that may be

Even just one workout can improve your sleep. RealPeopleStudio/ Shutterstock

The Conversation

Many people struggle to get enough good quality sleep. Not only does this leave us feeling tired the next day, but over the long term poor sleep can actually have a negative effect on other aspects of our health and wellbeing. There’s no shortage of things people are told they can do to get a better night’s sleep – from taking a hot bath in the evening to ditching their phone a couple of hours before bed.

But one of the most common pieces of advice for people struggling to get a good night’s sleep is to exercise regularly. And according to research, this is actually pretty good advice.

For example, a meta-analysis from 2015 which looked at all the current research on sleep quality, duration and exercise, showed that both short-term and regular exercise (a few sessions a week) can lead to better sleep. This means that even a single bout of exercise may be enough to improve sleep quality and duration.

Research also shows us which types of exercise can help improve sleep. Regular aerobic exercise, for instance, has been shown to help people fall asleep quicker, wake up less during the night and feel more rested the following morning. This was true for many different types of aerobic exercise, such as cycling, running, and even brisk walking.

Even just a single, 30-minute session of aerobic exercise can improve multiple aspects of sleep – although not to the same extent as regular aerobic exercise. But, it was still shown to improve sleep duration, decrease the time it takes to fall asleep and increase sleep efficiency (the percentage of time in bed that’s actually spent asleep). A higher sleep efficiency indicates better sleep quality

Two middle-aged women smile at each other while on a jog.

Even just a 30 minute jog can help your sleep. hedgehog94/ Shutterstock

Research on resistance exercise (such as weightlifting) and its effect on sleep is more limited. But from the small number of studies that have been conducted, it appears resistance exercise may also be able to improve sleep.

Studies have found that people who do resistance exercise regularly (around three sessions per week) have better subjective sleep quality. Even just thinking you have good quality sleep can affect how well you perform throughout the day.

Regular resistance training may also help people with insomnia to fall asleep quicker and increase their sleep efficiency. However, there’s still very little research in this area so we need to be cautious about making any conclusions.

The good news is that the benefits of exercise for sleep seem to work for everyone, regardless of your age or whether you have certain sleep disorders (such as insomnia or sleep apnoea).

The influence of exercise

While the research is clear that exercise can improve our sleep, scientists still aren’t entirely sure exactly how it does this – though they do have a few theories.

Our body’s sleep-wake cycle follows an approximately 24-hour period, which is controlled by an internal body “clock”. As part of this cycle, a hormone called melatonin is released in the evening, which helps us feel tired. Exercise during the day can lead to an earlier release of melatonin in the evening, which may be why people who exercise fall asleep quicker.

Exercise also raises our core body temperature. But when we finish a workout, our core body temperature begins to return back to normal. A drop in core body temperature can also help us fall asleep. This may explain why evening exercise can actually help some people sleep better that night – contrary to popular belief.

Exercise might also lead to better sleep because of its positive effects on mood and mental health, both of which can be associated with sleep quality. During exercise, the body releases chemicals known as endorphins, which improve mood. Regular exercise can also reduce symptoms of anxiety and depression. The positive effect of exercise on both mood and mental health may therefore help people get to sleep more easily.

Although more research still needs to be done to work out exactly why different types of exercise affect many different aspects of our sleep, it’s clear that exercise can be beneficial for sleep. Just 30-60 minutes of exercise daily may help you fall asleep faster, stay asleep during the night and wake up feeling more rested the next morning.

While just one workout can improve your sleep, working out regularly is likely to provide ever greater improvements to your sleep. Since so many types of exercise are linked with improving sleep, all you need to do is choose a workout you enjoy – whether that’s running, swimming, lifting weights or even just going for a brisk walk.

Source:Exercise really can help you sleep better at night – here’s why that may be (theconversation.com)

Lecturer in Exercise, Nutrition, and Health, Nottingham Trent University

The 2022 Ask Afrika Orange Index® places Discovery Bank and Discovery Life first for customer experience.

JOHANNESBURG, 3 November 2022 – The Ask Afrika Orange Index 2022® released today revealed customers rate Discovery Bank as the bank with the best client experience in South Africa, and Discovery Life as the leader in service in the long-term Insurance category.

Hylton Kallner, CEO of Discovery Bank, said, ”We are extremely proud of, and grateful for, this recognition from our customers. We always set ambitious goals for ourselves, and, in early 2021, we set the aim of being the best bank in South Africa. As a business, we naturally do market comparisons of services and products. But, to truly know if we are making strides toward our ambition, lies firmly with the customers we serve and the interactions we have with them.”

The Ask Afrika Orange Index is the broadest, independent, and most widely referenced service excellence benchmark in the country and Discovery Bank was given top marks across multiple fronts, including satisfaction, problem solving and the highest rated call centre experience.

“To receive this recognition is a remarkable achievement for our employees and an immense honour for us at Discovery Bank. Knowing that a large proportion of clients feel “delighted” after interacting with us, simply strengthens our resolve to continue the work we are doing to be an all-round best bank – to take our customers to a future of banking that gives them the finest experience and services.”

Discovery Bank recorded a significant jump in ratings this year, moving from fourth position in 2021 to first place in the banking sector. The measures that resonate most with customers are the exceptional banking services, personalised features, exclusive benefits, rewards, and 24/7 availability anywhere in the world on the Discovery Bank app.

Sharing the achievement of being named the best for customer experience, but in the long-term insurance category, is Discovery Life.

“It is incredibly rewarding to have our customers experience a value that’s core to Discovery and our business – that being an unwavering focus on our customers. It shows that we are differentiating ourselves through our interactions with our customers. We are proud that our efforts resonate well with the people we serve. This is a shared acknowledgement across our sales force, financial adviser, and client servicing teams who all make a difference in the lives and experiences of our clients,” says, Riaan van Reenen, Discovery Life CEO.

The Ask Afrika Orange Index was founded in 2001. Its purpose is to gain a deep understanding into South Africans’ service-experience expectations. The Orange Index measures customer satisfaction, emotional satisfaction, and loyalty to recognise those companies that show exceptional performance across experience metrics such as servicing and problem resolution. This year, a total of 30 813 interviews were completed across 27 industries.

Most recently, Discovery Bank was selected by Fortune Magazine for their 2022 Change the World list and was also recognised by MyBroadband as the online banking platform with the most positive app store reviews in South Africa.

Visit www.askafrika.co.za to download the full 2022/2023 Ask Afrika Orange Index

Steve Madden and Bonang Matheba’s collaboration

image: by Trevor Stuurman

Steve Madden has announced its first ever African collaboration with South African powerhouse Bonang Matheba, she’ll bring the Steve Madden Bonang Matheba Holiday Select Collection to market. As part of the brands build- up in celebrating 10 years in Africa, this collaboration once again proves Steve Madden’s trend-setting edge.

The holiday range selected by Bonang Matheba includes six footwear and two handbag styles that in the style-icon’s eyes, epitomises the celebratory mood of a South African summer. “I was looking for styles that would be great to holiday in, celebrate in, dance the night away in or even be the perfect gift to spoil someone special with over the festive season,” she said.   Looking at the range, which can be identified by their signature Bonang packaging, Bonang has nailed it.

image: by Trevor Stuurman

The range is to be launched at Steve Maddens Spring/Summer collection launch on 7 November and will be available in stores and online from 06 November 2022.

The official launch and fashion showcase of the Steve Madden Spring/Summer collection, to be held at Zeitz Mocaa Museum in Cape Town on 7 November, is anticipated to be an invite-only, all-star affair with local celebs, top SA influencers, friends of the brand and the international team from New York in attendance.  Top brands that have partnered with Steve Madden for the launch include Lift Airlines, WINK Aparthotels, House on BNG, SoHo and Mac Cosmetics.

Watch the exclusive behind the scenes of the Steve Madden deal on Bonang Matheba’s  YouTube channel from Tuesday, 1 November 2022.

About Steve Madden

Steve Madden designs, sources and markets fashion-forward footwear, accessories and apparel for women and men. In addition to marketing products under its own brands including Steve Madden.  Steve Madden also designs and sources products under private label brand names for various retailers, stores and e-commerce websites. For local store information and the latest Steve Madden boots, booties, dress shoes, fashion sneakers, sandals, slippers and more, please visit www.stevemadden.co.za

Microsoft announced as Strategic Technology Partner of (COP27)

Microsoft, together with Egypt’s Ministry of Foreign Affairs announced its role as Strategic Technology Partner and Principal Sponsor of the 27th United Nations Climate Change Conference of the Parties (COP27). The United Nations conference, to be hosted in Sharm-El Sheikh on November 6-18, 2022, provides a platform for world leaders, businesses, and citizens to come together to discuss their role in mitigating the climate crisis.

Through the partnership, Microsoft aims to help people and organizations better understand the transformative potential for technology to help solve many of today’s complex climate challenges.

During the signing ceremony held at The Ministry of Foreign Affairs offices in Cairo, Microsoft Egypt General Manager, Mirna Arif, commented: “We believe in the transformative power of the United Nations Climate Change Conference of the Parties and are proud to again play a key role in this year’s event.?We applaud the efforts of the Egyptian government, under President Abdel Fattah El-Sisi, in prioritizing climate change as part of Egypt Vision 2030. Technology will provide answers to many of today’s most pressing climate challenges, and COP27 is an opportunity for the public and private sectors to collaborate on climate solutions to accelerate progress in Egypt and across the wider region.”

Microsoft Vice Chair and President, Brad Smith, added, “The world needs to move faster and COP27 will provide an important forum to move from pledges to progress. We are proud to partner with the Egyptian government and support this urgent effort.”

H.E?COP27 President-Designate, Sameh Shoukry, Minister of Foreign Affairs of the Arab Republic of Egypt pointed out that the Egyptian presidency is actively engaging with leading companies like Microsoft and other stakeholders to speed up climate action. Egypt’s government believes in the innovative power of the private sector to tackle climate challenges and in their ability to influence their immediate stakeholders, including suppliers, investors, employers, and partners to make an outsized impact on climate change.

Ambassador Ashraf Ibrahim, General Coordinator for organizational and financial aspects of the conference?welcomed Microsoft as a Principal Partner of COP27. He emphasized the important role played by the international private sector in promoting sustainable business models and supporting the agreed climate goals. Ambassador Ashraf Ibrahim highlighted the contributions provided by Microsoft on the road to the conference in Sharm-El-Sheikh and looked forward to the continuation of this support leading up to an impactful COP.

Microsoft is accelerating progress toward a more sustainable future by reducing its environmental footprint, advancing research, helping its customers build sustainable solutions, and advocating for policies that benefit the environment.

In 2020, Microsoft announced an ambitious commitment and detailed plan to be carbon negative by 2030 and to remove from the environment all the carbon the company emitted since its founding by 2050. The company has built on this pledge by adding commitments to be water positive by 2030, zero waste by 2030, and to protect ecosystems by developing a Planetary Computer.

About Microsoft

Microsoft (Nasdaq “MSFT” @microsoft) enables digital transformation for the era of an intelligent cloud and an intelligent edge. Its mission is to empower every person and every organization on the planet to achieve more.

Microsoft Egypt Media Relations; [email protected] or [email protected]

Note to editors:

World Comes Together for Implementation at Sharm El Sheikh

Over 40,000 expected attendees to participate in COP27 and other related activities from November 6-18

● Sharm El-Sheikh Climate Implementation Summit, thematic days, flagship initiatives, and Green Zone activities will engage with climate and other overlapping global challenges

● Diverse representation will include around 100 heads of states and governments, and tens of thousands of delegates, civil society, media and all other relevant stakeholders

Cairo, Egypt – November 2022 – COP27, the 2022 United Nations Climate Change Conference, hosted by Egypt in Sharm El Sheikh will see delegates from around the world participate in the annual climate change negotiations. With over 40,000 estimated attendees, the summit is expected to host one of the largest number of participants in the annual global climate conference, which is running from November 6 to 18 in Sharm El Sheikh, Egypt.

Speaking ahead of the conference, Ambassador Wael Aboulmagd, Special Representative to the COP27 President said: “The Egyptian Presidency team has worked tirelessly to create an enabling environment that is conducive to successful negotiations. As the hosts of the COP, we are keen on bringing representative of nations and stakeholders from across the world and to provide the required momentum to address the required actions for urgent and at-scale implementation of climate commitments and pledges.”

The Sharm El-Sheikh International Convention Center (SHICC) will form the overall Blue Zone for COP27. The Blue Zone is where all negotiations amongst delegates are set to take place. In addition, a long list of dynamic events will be organized by Governments and accredited observers including youth advocates and scientists.

A 22,500 square meter Green Zone is where the business community, youth, civil society, academia, and artists from all over the world will have an additional space to be present and participate. It aims to promote inclusive and dynamic dialogue and engagement among climate actors via events, exhibitions, workshops, cultural performances, and talks.

The Sharm El-Sheikh Climate Implementation Summit will take place November 7-8, bringing all participating heads of state and government. Following the summit’s inauguration, several roundtables will be held to focus on six key topics: Just Transitions, Food Security, Innovative Finance for Climate and Development, Investing in the Future of Energy, Water Security, and Climate Change and The Sustainability of Vulnerable Communities.

On the sidelines of the global negotiations set to take place in Egypt during the conference, the COP27 Egyptian Presidency has also designated several key thematic days that will include panel pledging opportunities, discussions, roundtables, and side events. These thematic days are a part of efforts to advance climate action that can address existing implementation bottlenecks and gaps, and deepen engagement with youth, women, civil society, and indigenous people, among others, at the center of the discussions. Key focus areas include the promise of innovation and clean technologies as well as the centrality of water and agriculture to the climate crisis, biodiversity loss, energy transition, decarbonization efforts and finance. Three days will be dedicated to youth and future generations, gender and civil society, their contributions, the challenges they face, the solutions they offer, and how to mainstream their engagement in planning and implementation of climate policies.

Egypt’s Presidency of COP27 has launched several initiatives that will take place at the conference. These initiatives include COP27 Presidency Sustainable Urban Resilience for the next Generation (SURGe), Initiative on Climate Action and Nutrition (I-CAN), Action on Water, Adaptation and Resilience (AWARe), Food and Agriculture for Sustainable Transformation Initiative (Fast), Global Waste Initiative 50 by 2050, Africa Just & Affordable Energy Transition Initiative, Decent Life Initiative for a Climate Resilient Africa, Climate Responses for Sustaining Peace (CRSP), African Women’s Climate Adaptive Priorities (CAP), Friends of Greening National Investment Plans, Enhancing Nature-based Solutions for Climate Transformation (ENACT).

The COP27 mobile application serves as an easy-to-use resource with information on the conference. This includes indoor navigation of the venue, event schedules, trip planning and more – making it a go-to guide for all COP27 conference attendees.

South Africa’s first purpose-driven bank

There have been significant changes in the banking sector in South Africa over the last couple of years. As a result of the current economic climate post-pandemic, rising cost of living, and increased interest rates, consumers who are already over-indebted are opting for banking solutions that offer low bank charges or no charges at all.

According to a comparative analysis report compiled by the Solidarity Research Institute, which focuses on the charges of personal transaction accounts, traditional banks are competing increasingly in terms of costs and added-value products such as loyalty programmes and agreements with merchants for discounts and free products. Recent years have also seen a rise in online banking solutions. It is important to note that these banks have no branches for customers to visit.

To meet the needs of struggling customers in a crippling economy, banking just got a lot easier with Spot. A money account for everyone, Spot began as an open-banking platform and has since evolved into an all-encompassing system over the years.

How it works

Andre Hugo, Chief Executive Officer and Co-Founder of Spot, says it should not cost customers money to have a bank account. “Every person, regardless of net worth, should be treated fairly by a bank that wants them to succeed. We believe customers shouldn’t be in a war with banks for bank charges. Instead, banks should be in your corner when it comes to making a credible future for yourself.”

Furthermore, Andre explains that Spot doesn’t make money off its customers, but its merchants. “Every time you use your Spot debit card, the merchant pays us a small percentage of the transaction. We also make money from our partners when you take advantage of their offers. To get to where we are now, we’ve raised funds from investors who believe in our mission to help everyone improve their financial life.”

App features

Spot offers consumers convenience at the touch of a button. All you have to do is join the 100k+ people who have downloaded the app from Google Play, App Store, or the Huawei App Gallery and enjoy access to these features:

  • Opening your Spot account requires no paperwork and no queues. It’s 100% digital.
  • Instant payments between Spot users and Instant EFT from all banks into your Spot account.
  • Make payments any way you like. Scan any QR code, or EFT, Tap to Pay, and Swipe.
  • Redefining rewards through cashback in the form of airtime when shopping at top retailers like Takealot, OneDayOnly, MrD, and more. Making paying for airtime & data a thing of the past.
  • Access to alternative forms of credit through Spot’s very own Buy Now, Pay Later offering to launch later this year.
  • Easily build and improve your credit score through Spot Credit Path. Actively improving the financial status of many South Africans.
  • Spot works with leading financial service providers across South Africa to find personal loans and insurance that fit your pocket.
  • Not just a money app, everything can be done from one place. Buy airtime, data, and electricity and shop directly in the app at any online store.
  • Safely and easily send money to 15+ countries, including Zimbabwe, Malawi, Mozambique, and more.

Another exciting feature of the app is the group account option which allows customers to save and share expenses with up to 10 family and friends. Andre says: “The account offers convenience, like saving for a stokvel or holiday, sharing household costs, and keeping track of collective saving and spending.”

To dig a bit deeper into the future of money, savings and rewards, visit the Spot website at spotmoney.com.

About Spot

Welcome to your Money HQ. Spot is your free account for everyday needs. A fast-growing fintech start-up, Spot, allows customers to save, spend, and maximise their money. Spot accounts are secured at Bidvest Bank under their banking license, and debit cards are issued by Mastercard, ensuring the highest security standards.

Customers are guaranteed safe and secure money management, easy payments, no monthly account fees, and group accounts, all available on one app. Redefining rewards, Spot gives you cashback in the form of data and airtime every time you shop at our partners such as Takealot, Checkers Sixty60, and Mr. D, making paying for airtime and data a thing of the past.

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