Carnegie Council Opens Registration for Global Ethics Day Keynote Event on October 18

Join the free virtual event and plan your own Global Ethics Day 2023 activations

New York, Sept. 18, 2023 (GLOBE NEWSWIRE) — Carnegie Council for Ethics in International Affairs has opened registration for its 2023 Global Ethics Day keynote event, “Unlocking Cooperation,” taking place on October 18 at 12:00pm ET. Featuring a panel discussion led by Carnegie Council President Joel Rosenthal, the free-to-attend virtual event will examine the psychology of cooperation and its potential to address global-scale challenges. Together, the panelists will explore how we might motivate individuals to act more cooperatively and discuss how multilateral cooperation can help tackle shared challenges from climate change to AI to political violence.

Register for Global Ethics Day keynote event: “Unlocking Cooperation”

In addition to attending the keynote event, individuals and organizations from around the world are encouraged to plan their own Global Ethics Day activations. For guidance and tools on how to participate, please visit the Global Ethics Day 2023 site to access key messages, a social media toolkit, and other resources. Activities may include debates, panels, social media campaigns, articles/blogs, pop-up events, and so much more. See examples of past activations here.

Access Global Ethics Day Resources

Remember to share your activations online using #GlobalEthicsDay. Participants are also encouraged to share their Global Ethics Day plans with Carnegie Council via an online contact form for a chance to be featured on the Council’s social media platforms and Global Ethics Day materials. Stay up to date on the latest Global Ethics Day news by subscribing to the Carnegie Ethics Newsletter and following Carnegie Council on LinkedIn, Instagram, Threads, X, and Facebook.

About Carnegie Council   

Carnegie Council for Ethics in International Affairs is an independent nonprofit that works to empower ethics globally by identifying and addressing the most critical ethical issues of today and tomorrow. Founded by Andrew Carnegie over a century ago, we set the global ethical agenda and work for an ethical future by convening leading experts, building active communities, producing agenda-setting resources, and catalyzing the creation of ethical solutions to global problems. Join us in using the power of ethics to build a better world. Carnegie Council is a nonprofit 501(c) (3) institution. For more information, please visit CarnegieCouncil.orgsubscribe to “Carnegie Council” wherever you get your podcasts, and engage with us on LinkedInYouTubeX, Instagram, Facebook, and Threads.  

Noha Mahmoud
Carnegie Council for Ethics in International Affairs
nmahmoud@cceia.org

GlobeNewswire Distribution ID 8924011

Axi launches Axi Select, a pioneering all-inclusive capital allocation programme offering skilled traders funding of up to $1,000,000 USD

Axi Select

xi Select Campaign

 [We see the Trader in You !]

SYDNEY, Australia, Sept. 18, 2023 (GLOBE NEWSWIRE) — Axi a leading global Forex and CFD broker has announced the launch of Axi Select, a groundbreaking capital allocation programme. The programme is specifically crafted to empower traders by offering them a pathway to access capital funding up to $1,000,000 USD and facilitating their progression into professional trading. Setting a new precedent within the industry, Axi Select offers traders the exceptional advantage to join the program with zero registration fees, as well as the opportunity to earn up to 90% of their profits.

Greg Rubin, Head of Axi Select

Greg Rubin, Head of Axi Select

Greg Rubin, Head of Axi Select, says: “Through the introduction of Axi Select, our innovative capital allocation programme, we aim to provide an opportunity for traders to forge long and successful careers, empowering them to realize their lifelong aspirations of becoming professional traders. Our comprehensive programme provides the capital, support, and resources necessary for traders to thrive in the dynamic world of trading. We are committed to fuelling their passion, driving their success, and providing unwavering support as they navigate towards achieving their goals.” The programme offers a range of notable features, including unrestricted trading conditions, the Edge score which allows traders to fine-tune their strategies and enhance their trading performance, and an exclusive trading room which serves as a dedicated hub, offering real-time market updates and curated educational content.

[LEARN MORE AND JOIN AXI SELECT]

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. This content is not available for AU, NZ, and UK clients. For more information, refer to our Terms of Service. Other Fees may apply.

Click here to watch the Axi Select fireside chat

Talking about Axi Select, Louis Cooper, Chief Commercial Officer at Axi, says “At Axi, we take pride in being a brand that consistently brings the edge to life for our customers. Our revolutionary new offering, Axi Select, is the first-of-its-kind among brokers and another true reflection of our brand promise. We have previously allocated $39M to traders in previous programmes and enabled several traders break out into pro trading status. With Axi Select, we will deliver unparalleled opportunities to our traders whilst both redefining the boundaries of what’s possible in trading and reshaping the evolution of the financial industry.”

Axi offers a streamlined process to participate in Axi Select – with no signup or membership fees, traders can effortlessly submit their application and start trading. Upon achieving a designated Edge Score, traders can start to secure capital funding of up to $1,000,000 USD.

With Axi Select access funds of up to $1,000,000

With Axi Select access funds of up to $1,000,000

[LEARN MORE AND JOIN AXI SELECT]

The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. This content is not available for AU, NZ, and UK clients. For more information, refer to our Terms of Service. Other Fees may apply.

Click here to watch the Axi Select fireside chat

About Axi

Axi is a global online FX and CFD trading company, trusted by thousands of ambitious customers in 100+ countries around the world. We help all types of traders, trading businesses, banks and financial organizations find the edge they need to achieve their financial goals through informed transactions made on the world’s financial markets. Axi offers a wide range of assets including CFDs for several asset classes including Forex, Shares, Gold, Silver, Oil, Coffee, Indices, and other commodities.

At Axi, we are proud of our reputation as an honest, fair, and trusted broker. Our many awards and ‘Great’ Trustpilot reviews prove we have earned the confidence of customers who value our outstanding service, fast execution, secure payments, segregated funds, and easy withdrawals.

For further enquiries contact service@axi.com

Check out other Axi communication at https://www.axi.com/int/blog/company-news

Photos accompanying this announcement are available at:
https://www.globenewswire.com/NewsRoom/AttachmentNg/d50c2d41-8931-47bd-9b0f-6a5572fb88e4
https://www.globenewswire.com/NewsRoom/AttachmentNg/987d1f0e-63e9-4234-aaaf-6c041d74d3ba
https://www.globenewswire.com/NewsRoom/AttachmentNg/9a391ff3-5046-485a-916e-cca5bbb247b2

PDF accompanying this announcement is available at:
http://ml-eu.globenewswire.com/Resource/Download/1cfa04fb-a4cb-4b4d-b0dc-5b14a9f0aa0f

GlobeNewswire Distribution ID 1000839877

29 African startups in healthcare supply chain selected to receive funding and impact support from the Gates Foundation, MSD, and more

Investing in Innovation Africa (i3), a pan-African initiative for start-ups building the future of healthcare supply chains, has announced its second cohort of 29 companies.

Funded by the Bill & Melinda Gates Foundation and sponsored by Cencora (formerly AmerisourceBergen), Merck Sharpe & Dohme (MSD), Microsoft, and Chemonics, i3 is dedicated to facilitating the commercialization of promising early- and growth-stage companies.

Selected startups receive introductions to leading potential customers in industry, donor agencies and governments, a $50,000 grant, and tailored investment readiness support from leading accelerators Villgro Africa, IMPACT Lab, Startupbootcamp Afritech, and CcHUB.

The 29 start-ups chosen operate in 21 different African countries, delivering digitally-enabled healthcare supply chain solutions. Innovators are building online pharmacies and telemedicine firms, as well as inventory management services for pharmacies, clinics and hospitals, supply chain data analytics, product protection, product visibility and more.

38% of the companies selected are women-led and 17% are conducting operations in Francophone Africa. The selected companies are, in alphabetical order: Afia Group Limited, Aimcare Health, Bena Care, BioCertica, Chari Pharma, CheckUps Medical, Chefaa, Dawa Mkononi, Drugstore Nigeria, Famasi Limited, Field Intelligence, Inc, GICMED, Grinta, Healthtracka, Kapsule, Medical Diagnostech, Medpharma Alliance International Limited, Octosoft Technologies Limited, Pharmarun, Pharmaserv Health Project Nigeria Limited, Reductiona, SASA Health Limited, Tech Care For All Eastern Africa, Technovera – Pelebox Smart Lockers, Tibu Health, UltraTeb, Waspito, WellaHealth, and Welo.

Innovators selected will benefit from the i3’s annual Access to Markets event in Nairobi, which will be held between 14-15 of November. The event facilitates dynamic partnership dialogues between industry stakeholders, governments, donors, and large multilateral agencies.

Connections are made to drive the commercialization and scale of the start-ups through mutually beneficial contracts, pilot projects, and investments. The first cohort of 31 companies supported by i3 last year forged 24 contracts, pilots, and strategic partnerships to date.

Kieran Daly, Director, Global Health Agencies and Funds at the Bill and Melinda Gates Foundation, commented: “As countries and global health institutions work to expand access to priority products, we face an urgent need to leverage solutions across the public and private sectors to improve health outcomes and strengthen local health systems. Programs like i3 help us understand, support and engage with technology-driven solutions emerging across Africa, hand-in-hand with our partners.”

Yusuf Rasool, Director, Global Market Access, Sustainable Access Solutions at MSD, noted, “We are excited to have a second cohort of 29 innovative changemakers in African healthcare enter the program. Investing in these companies is a means of delivering lifesaving solutions and empowering communities through the access of critical medicines across the continent.”

Jason Dinger, Senior Vice President of Global Products and Solutions at Cencora

“The range of startups selected for the second cohort reflects the breadth of talent and creativity in the African entrepreneurial landscape, and we look forward to witnessing the transformative impact of their solutions in the years to come.”

i3 is coordinated by Salient Advisory and SCIDaR and is operationalized by leading technology hubs across the continent: CCHub for West Africa, Startupbootcamp AfriTech for Southern Africa, IMPACT Lab for North and French-speaking Africa, and Villgro Africa for East Africa.

Source: Ghana Web

Ghana-Turkey trade to hit US$1 billion in 2027

The annual value of trade between Ghana and Turkey is set to hit US$900million and cross the US$1billion mark by the close of 2025 and 2027 respectively, said the Ghana-Turkey Chamber of Commerce.

As of 2020 the total trade value between Ghana and Turkey stood at US$771million, a marked increase from US$479million in 2016. Notably, in 2019 the country became Turkey’s third-biggest trading partner in sub-Saharan Africa. It however took a dip in 2021 and 2022, as global conditions prevailed.

The Chamber’s Chief Executive Officer, Dr. Daniel Amateye Anim-Prempeh, stated that while the current trend of trade between the two nations is promising, improving relations and expanding areas of trade guarantee that it will grow at a faster rate.

“The pandemic further solidified this relationship, as during its peak, Turkey became Ghana’s second most important trading partner… It is expected that Ghana’s trade volume will increase 200 percent by 2025,” he said in reference to a partnership agreement signed in 2020.

Historically, Ghana has primarily exported cocoa beans, cocoa paste and soybeans to Turkey, with the export value showing consistent growth at an annualised rate of 11.3 percent. Conversely, Turkey’s key exports to Ghana have included cement, pasta and building materials.

He said the exchange of services between the two nations however remains relatively low. Consequently, Dr. Anim-Prempeh highlighted the numerous opportunities for Ghanaian businesses in Turkey’s dynamic manufacturing sector.

“Turkey produces high-quality goods at competitive prices, and its strategic location makes it a very competitive country to do business with,” the Chamber’s CEO explained.

However, he acknowledged challenges such as delays in entry clearance processing and high visa fees, which can impede business transactions.

“In every endeavour there are bottlenecks; simply put challenges, feedback and complaints from Ghanaian businesses are that it takes time for the embassy in Accra to process their entry clearance. Equally, we have received complaints from our Turkish counterparts about high visa fees charged by our embassy in Ankara. To my mind, such developments may impede the smooth facilitation of business transactions,” he elaborated.

Chamber’s role

The Ghana-Turkey Chamber of Commerce is actively working to promote and facilitate trade between the two nations, he added.

Dr. Anim-Prempeh emphasised his outfit’s efforts to build strategic relationships with government institutions, including the Ministry of Trade and Ghana Investment Promotion Centre.

“We are fostering relationships with the Ghana Union of Traders Association (GUTA), Association of Ghana Industries and the Importers and Exporters Association, as well as other key associations and individual businesses within the economy. With our Turkish counterparts, the Chamber has worked with the Foreign Economic Relations Board (DEiK) and other Turkish National Chambers, and is still taking steps to enhance relationships that will facilitate trade between the two countries. Our focus is also on attracting Turkish firms to establish their presence in the economy, thereby creating direct employment for Ghanaians,” he explained.

Moreover, the Chamber is actively promoting education ties. Turkey offers quality higher education, and the Ghana-Turkey Chamber of Commerce is organising education fairs for Turkish universities in Ghana that encourage students to consider Turkey as an attractive educational destination.

This comes as Foreign Direct Investment (FDI) from Turkey in Ghana has already made an impact, with revenue from Turkish companies operating in various sectors and investments estimated at US$112million.

The Chamber hopes to attract more Turkish firms, particularly in the manufacturing sector, to capitalise on Ghana’s stable political environment, favourable investment laws and growing business environment, he added.

Tourism

Tourism is seen as another avenue to strengthen bilateral relations. Both countries boast rich cultural, historical and tourist sites.

Dr. Anim-Prempeh noted that Turkey hosted about 51.7 million tourists in 2019, and emphasised the potential for medical, sports and business tourism. Collaboration in this sector, including efforts by Turkish Airlines aimed at encouraging Ghanaians to visit Turkey, is expected to enhance bilateral relations.

“My visit to Turkey put me in a position to boldly state that they have developed their tourist sector with first-class roads to the tourist sites, and available and affordable hotels for all levels of income – hence the need to learn and leverage on it. Medical, sports and business tourism is an area worth considering. Indeed, it is estimated that Turkey is one of the prominent health tourism destinations in the world – which operates about 1,500 world-class hospitals and about 160,00 doctors, making it capable of providing high-standard health care delivery,” he further stated.

Source: Ghana Web

Ghana lost in excess of GH¢64 million due to fire outbreaks in 2022 – Dr. Bawumia

Owing to rampant fire outbreaks which occurred last year, Ghana lost in excess of GH¢64 million as a result of some 6,796 fire outbreaks recorded by the Ghana National Fire Service (GNFS).

According to the Vice President Dr. Mahamudu Bawumia, these fire incidents resulted in 241 injuries and 50 deaths.

Speaking at a graduation parade of the Cadet Course Intake 23 of the GNFS, the Vice President said the rampant occurrence of these fire outbreaks were unacceptable and therefore called for collaborative efforts towards tackling the situation.

He highlighted on the severity and impact that these fire outbreaks have had on individuals, organisations, institutions and also government.

“The repercussions of these losses, especially with the loss of human lives has been dire and still difficult to grapple with. The fight for fire safety is far is from over as it requires continuous attention and a concerted effort to consolidate the gains so far made and improve upon their achievements,” the Vice President stressed.

Dr. Bawumia noted that to support the operational capacity of the GNFS in tackling these incidents, government will provide some 200 rapid intervention vehicles before the end of 2023.

He further added that a prototype of these vehicles was already in the country while the rest would be assembled locally.

The Vice President however called on officers of the GNFS to ensure the public receives the needed sensitization and education on the dangers, causes and solutions to tackling fire incidents.

Source: Ghana Web

Ghana injuncted from the international bond market – Economist

Ghana is facing a 32-month suspension from the international bond markets due to alleged mismanagement of the economy and the implementation of the Domestic Debt Exchange Programme (DDEP), according to a chartered economist, Bernard Oduro Takyi.

This suspension; according to him, has prevented Ghana from borrowing from the international bond markets.

The economist, Bernard Oduro Takyi, made this revelation while responding to the Finance Minister’s assertion that the Ghanaian economy is rebounding, leading to continued loans from donor partners.

He challenged the Finance Minister to attempt to borrow from the bond market if the economic situation is as rosy as claimed.

Speaking during an interview on Accra 100.5 FM’s mid-day news on September 18, 2023, Mr Takyi emphasized there is a 32-month injunction on Ghana’s economy in the international bond market.

He expressed concern that it would take Ghana about 50 years to recover from the current economic challenges caused by the Finance Minister, the Bank of Ghana, and other state institutions.

Mr Takyi also criticized the Finance Minister for engaging in public relations on behalf of the Bank of Ghana after it was alleged to have illegally printed around 38 billion Ghana Cedis for the government.

“The Finance Minister in an article titled: ‘Citizens – Standing Strongly With The Bank of Ghana’, hinted at certain corporate governance amendments at the central bank.

“As the Minister of Finance, I do have opinions about the reforms needed to strengthen the governance of many financial institutions including the Bank of Ghana”, he said, indicating: “But this requires a positive and sober national debate on the governance structure”.

The economist argued that the country’s economic growth appeared cosmetic rather than real growth which was chalked under the National Democratic Congress administration led by former President John Dramani Mahama.

Source: Ghana Web

Freight Forwarders role in international trade still crucial

The President of the Ghana Institute of Freight Forwarders (GIFF), Mr. Eddy Akrong has stated that it’s almost indispensable, the role of freight forwarders in today’s international trade despite the increasing use of technology.

According to him, the freight forwarder has evolved from the customs house agency work to a critical logistics manager within the complex supply chain in international business.

Speaking to Kennedy Mornah on the award-winning Eye on Port program, Mr. Akrong said this trust that has been earned came from a lot of dedication to continuous learning and training to be on the top of supply chain issues.

He said this group of professionals has had to master risk management and serve as trustees that ensure the best possible cost reduction for clients.

Freight forwarders, he noted, now source goods for traders, keep inventory, arrange transport, deal with regulatory bodies, conduct doorstep deliveries, and in some cases provide storage facilities for clients.

“This means that the freight forwarder has had to keep abreast with everyday changes in international trade and stay savvy to maneuver supply chain inconsistencies and shocks,” he said.

According to the President of GIFF, freight forwarders in Ghana today have become “more of consultants for importers and exporters” for almost every procedure in the trading process.

“If you look at what is happening from our French land-locked neighbors and all the political instabilities, trade is still going on. We should ask how these goods get there. Goods land in Ghana and overnight there’s a coup here and borders are closed here and there. How do you reroute these cargoes because they’d have to get to their destinations? It all takes risk management,” he asserted.

He continued “We just heard of an earthquake close to Marrakech, we know the vessels may want to veer off. How do you reroute goods in that area?”

He said freight forwarders have become master logisticians so much that, they play essential roles for the e-commerce business, providing inventory management and deliveries for traders.

According to Mr. Eddy Akrong, despite the increasing use of technology, which they are happy about, the freight forwarder cannot be overlooked so far as the prosperity of international trade is concerned.

Source: Ghana Web

FLASHBACK: Ghana’s economy is now a ‘borla’ economy thanks to Bawumia – Sammy Gyamfi

The National Communications Officer of the NDC, Sammy Gyamfi, disagreed with the IMF when it claimed that Ghana’s economic crisis was due to the COVID-19 pandemic.

He said the country was already in bad shape before the onset of the pandemic.

“How can any objective mind blame the alarming depression of the cedi on COVID-19 when we know that the main reason for the alarming depreciation in the cedi is the huge capital fight from our country?” he asked.

The National Communications Officer of the NDC, Sammy Gyamfi, has rejected assertions by the IMF and the government that the current hardship in the country is a result of the COVID-19 pandemic.

According to him, Ghana’s economy was already going down the drain before COVID-19, with the country’s currency depreciating by almost 13 percent in 2019 because of the bad management of the country’s Economic Management Team, which Vice President Mahamudu Bawumia leads.

Speaking in a Joy News interview monitored by GhanaWeb, the National Democratic Congress (NDC) communicator added that the COVID-19 pandemic rather helped stabilise the Ghana Cedi because of the reduction in imports and thus the demand for dollars.

“How can any objective mind blame the alarming depression of the cedi on COVID-19 when we know that the main reason for the alarming depreciation in the cedi is the huge capital fight from our country?

“Investors are pulling out their monies. Why are they pulling out? It is because our debt position is no longer sustainable. That is why we have been downgraded by all the sovereign credit rating agencies … to junk status; our economy is now a ‘borla’ economy.

“In 2019, the cedi had depreciated by 12.9 percent; that was before COVID. In 2016 if you want to use the Mahama era as a benchmark, the cedi depreciated by 9.6 percent, but even before COVID, we were doing depreciation of almost 13 percent.

“COVID rather helped the situation because it reduced demand for dollars in 2020, so you realise that the cedi was relatively stronger in 2020 and in 2021. Immediately that fizzled out, we saw the cedi depreciating again, and as we speak, the cedi has depreciated by over 30 percent for this year 2022 alone,” he said.

He added that the country was so broke before COVID-19 that it could not raise $100 billion to start its fight against COVID-19 when the pandemic reached the shores of Ghana.

The Managing Director of the International Monetary Fund, Kristalina Georgieva, stated that contrary to the narrative by some opposition elements, Ghana’s economic challenges are not because of the bad policies of the Akufo-Addo administration.

“We have started very constructive discussions already, and to the people of Ghana, like everybody on this planet, you have been hurt by exogenous shocks,” she said.

She mentioned the extraneous factors which have contributed to Ghana’s economic woes leading to the West African country seeking a programme from the IMF.

“First the pandemic, then Russia’s war in Ukraine. We need to realise that it is not because of bad policies in the country but because of this combination of shocks, and, therefore, we have to support Ghana,” she said.

Source: Ghana Web