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H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation, held an expanded meeting with a number of leaders and representatives of the Chinese business community, with the participation of Eng. Hassan El-Khatib, Minister of Investment and Foreign Trade.

The meeting took place during her participation in the World Economic Forum’s Annual Meeting in Tianjin, China, and included several CEOs from Chinese companies in the automotive, pharmaceutical, financial, and digital transformation sectors, among others.

During the meeting, H.E. Minister Al-Mashat emphasized the deep and distinguished Egyptian-Chinese relations, which span decades of close cooperation based on mutual respect and common interests. She noted that the comprehensive strategic partnership between the two countries, launched in 2014, represents a successful model for South-South cooperation and contributes to achieving mutual development.

H.E. Dr. Al-Mashat pointed out that in recent years, the Egyptian state has adopted an ambitious program of economic and structural reform aimed at enhancing the investment environment, stimulating private sector participation, and developing infrastructure. This creates promising opportunities for joint investment in priority sectors such as industry, renewable energy, telecommunications, technological infrastructure, and logistics.

H.E. Dr. Al-Mashat reiterated that China is a key partner in this vision, as economic relations between the two countries are witnessing remarkable development, both in terms of trade volume and direct investments. She highlighted the unique investment opportunities Egypt offers, based on its distinguished geographical location, a network of free trade agreements, and legislative frameworks that support business growth.

H.E. Minister Al-Mashat added that the Egyptian government seeks to strengthen cooperation with Chinese companies and institutions wishing to expand into the Egyptian market, especially within the framework of Egypt’s Vision 2030, which includes targets related to sustainable growth, green transformation, and the localization of strategic industries.

H.E. Dr. Al-Mashat reaffirmed that the government is working to consolidate macroeconomic stability and preserve development gains to deal with successive regional and international challenges. She noted that the state continues to implement a comprehensive program of economic and structural reforms aimed at enhancing the economy’s resilience, improving the business climate, and expanding the growth base led by the private sector. She mentioned that these reforms, along with continuous investments in infrastructure and legislative modernization, make Egypt an attractive and growing destination for foreign direct investment.

At the conclusion of the meeting, H.E. Minister Al-Mashat invited the Chinese business community to take advantage of cooperation opportunities with Egypt as a gateway to African, Middle Eastern, and European markets. She stressed the state’s commitment to providing all means of support to serious investors and building long-term partnerships that contribute to achieving common interests and balanced development.

It is worth noting that the Ministry of Planning, Economic Development and International Cooperation, in its role of developing and strengthening economic relations with development partners, is working to advance relations on various levels with the Chinese side, particularly in the field of exchanging expertise and technology and enhancing scientific research. The Chinese side contributes to supporting and developing Egyptian expertise in the field of satellite assembly and testing, and training Egyptian cadres.

In 2023, a Memorandum of Understanding for the Global Development Initiative (GDI) was signed during Dr. Rania Al-Mashat’s visit to China. This MoU lays the foundation for a new phase of joint work with the Chinese side. Through this, an integrated strategy for development cooperation between Egypt and China for 3-5 years will be formulated for the first time in light of the joint relations between the two countries. The two countries also signed their first MoU for debt-for-development swap, which the Ministry of Planning, Economic Development and International Cooperation is working to activate.

Distributed by APO Group on behalf of Ministry of Planning, Economic Development, and International Cooperation – Egypt.

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The Portfolio Committee on Correctional Services has noted with concern the number of inmates participating in rehabilitation programmes and has urged the Department of Correctional Services (DCS) to encourage greater participation, as this will benefit both offenders and the department.

Committee Chairperson Ms Kgomotso Anthea Ramolobeng said the committee yesterday received a briefing from the DCS on rehabilitation and reintegration programmes: the effectiveness of educational, vocational and therapeutic programmes, including success rates of inmate reintegration into society and reduction in recidivism, especially among the youth.

Ms Ramolobeng said: “A greater number of inmates participating in such programmes in the workshops or agricultural means skills are developed, assisting offenders when they are released from correctional facilities that makes social reintegration smoother. At the same time, it will save the department money as they aim to move toward self-sustainability.”

She said the committee noted that the Eastern Cape region, for example, has 14 077 sentenced offenders, but only 91 participate in production workshops and 651 participate in agriculture production, resulting in only 742 offenders active in skills development out of a total population.

Also of concern is the number of hours inmates currently work. The presentation highlighted that offenders work less than five hours per day. This raises concern, especially considering plans by the DCS to become self-sufficient in terms of food for offenders and revenue generation through production workshops. “So, the issue is clearly two-fold. Encouraging offenders to participate in production workshops ensures skills transfer and development, as well as ensuring that the department cuts cost on items that can be insourced through offender labour,” Ms Ramolobeng said.

It is also concerning that that the DCS has no post establishment for bakers in the bakeries. “This is surprising since bread is the most consumed food in our centres. We also need to increase the number of bakeries currently. We must ensure we are self-reliant,” said the Chairperson.

Ms Ramolobeng further stated that the presentation only highlighted post establishments for psychologists, social workers, educationists and spiritual care workers but not for other important professions such as artisans. In a presentation to the committee earlier this year, the DCS reported that there were 17 vacancies for psychologists and currently there are 26 vacancies. This means an additional nine posts became vacant since then. “We have been assured that some of these posts are receiving urgent attention. We can expect appointments within the next six months. They will also provide us with their recruitment plan. We assured the department we will closely monitor this commitment to see if materialises,” she emphasised.

The committee also commended the DCS for Sunday’s unannounced raid at Odi Correctional Centre in Pretoria. “We note the contraband that were confiscated. We note that disciplinary processes are being followed where officials were implicated. Furthermore, we call for further charges to be added for those inmates that were caught in possession of contraband. This initiative is a commendable step and should be continued, especially in problematic facilities,” the Chairperson said.

Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

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Fintech company eQUB is digitizing Ethiopia’s traditional savings culture through its mobile app. With support from the NTF V Tech project in Ethiopia, the business is bringing a trusted community system online to improve financial access, transparency and inclusion.

In Ethiopia, informal saving groups known as ‘equb’ have long helped people access money when formal credit options are limited. It’s a system built on trust, and used by friends, neighbours, and families who pool funds and take turns receiving the total contribution. Now, that familiar tradition is being transformed into a digital platform with global potential.

With support from the Netherlands Trust Fund V (NTF V) Programme at the International Trade Centre (ITC), Ethiopian fintech company eQUB has developed an app that digitises this centuries-old savings model. Users can create and join groups online, manage contributions, automate payments and record-keeping, and access features such as digital withdrawals and customer support.

Where the idea came from

In 2018, eQUB co-founder and CEO Alexander Abay Hizikias struggled to access funding for his business. ‘Banks want collateral that most early-stage entrepreneurs don’t have, and microfinance loans are expensive,’ he says. ‘I ended up joining a traditional equb to get the money I needed, and it made me realize this system could work better if it was digital.’

After nearly two years of development, eQUB was officially registered in 2020. The first version of the app was based on assumptions, but user feedback quickly showed the team what needed to change. That led to a much-improved second version, shaped by real user input and behaviour.

The eQUB App is now available in English and four local languages. It offers two main options. In private groups, people who already know each other can manage their equb through the app, using features like automatic record-keeping and secure payments. In public groups, individuals can join others with similar savings goals. The app helps match members and handles the draw system fairly.

Backed by global support and exposure

eQUB’s growth has picked up speed since joining the NTF V Ethiopia Tech project. The programme has provided technical training, mentoring, and financial support to help the company take part in international trade shows and startup events.

Since then, the number of users has grown from 25,000 to over 110,000. Monthly savings through the platform now exceed eight figures in Ethiopian birr, and eQUB is on track to surpass 100 million birr ($720,000) in total savings processed by 2026.

eQUB gained further recognition at the Mobile World Congress (MWC) and 4YFN (Four Years From Now) in Barcelona, two of the world’s leading platforms for mobile innovation and startups, where it won the Best FinTech Pitch award in 2024. 

The company also topped the FinTech category at AfricArena Johannesburg, standing out among strong competitors from across the African continent. These wins attracted interest from global investors, some of whom have since visited eQUB’s headquarters in Addis Ababa.

At the AfricArise Scale Programme, which included mentorship from experienced founders, cloud infrastructure specialists, and finance professionals, eQUB won $50,000 in Amazon Web Services credits at events in Johannesburg and London. These resources have helped reduce the costs of scaling the platform’s technical infrastructure.

Local impact, global relevance

The company has already identified similar saving systems in other African countries that follow the same model, such as ‘susu’ in Ghana, ‘esusu’ in Nigeria and ‘stokvels’ in South Africa. 

‘People in these countries are already familiar with community savings,’ says Hizikias. ‘Instead of introducing unfamiliar digital banking products, we’re building on what people already trust and making it more secure and trackable.’

To support this, the eQUB App is developing a credit scoring system based on users’ savings and payout history. ‘Right now, if someone has participated in an equb for 10 years, they have no proof of financial reliability. Our platform creates a digital trail that could help them access formal credit down the line,’ he says.

Hizikias also has advice for other fintech founders. ‘Before you raise money, prove your product works. Start small, find early users, and focus on solving real problems. Then use international platforms to test your idea against global standards. That’s where you’ll really learn and grow.’

As eQUB enters its next phase of growth, the company is actively raising its first seed funding round, which it aims to close by the end of 2025. With a growing user base, international recognition, and deep cultural relevance, eQUB is showing how local innovation, when supported and scaled well, can compete and succeed globally.

Distributed by APO Group on behalf of International Trade Centre.

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The Chairpersons of the Portfolio Committee on Police, Mr Ian Cameron, and the Portfolio Committee on Basic Education, Ms Joy Maimela, welcome the bold step taken by the Ministers of Police and of Basic Education to sign and launch the Collaborative Implementation Protocol on School Safety. The protocols, if properly implemented, will be a game-changer in school safety, especially with increasing incidents of crime in the four identified provinces.

“The murder of Lethabo Mokonyane four days ago underscores the trend of violent crime in and around school premises that requires a concerted effort by all stakeholders to bring an end to this worrying trend. School environments should be safe spaces for teaching and learning and nothing else,” Ms Maimela said.

The intention to focus the roll-out in four provinces, namely Gauteng, KwaZulu-Natal, Eastern Cape and Western Cape, is in line with calls for data-driven focus in combating crime. “The approach to target hotspots has the potential of stemming the tide of crime in schools. But it is up to station-level management to implement the protocols effectively to ensure success,” Mr Cameron emphasised.

Both Chairpersons highlighted concern that the fourth-quarter crime statistics revealed six reported murders and 80 rapes in educational institutions. The intended intervention of increasing police visibility and linking schools to a police station has the potential to reverse these high numbers.

Furthermore, Ms Maimela commended the intention of improving the vetting process for educators and staff in schools against the National Register for Sex Offenders and the National Child Protection Register. “This has long been a requirement to obtain a position in schools to safeguard vulnerable groups but was neglected. It is important that such safeguards are adhered to without fail,” Ms Maimela argued.

The question of substance abuse was also highlighted as a concern that requires a society-wide approach as it has far-reaching consequences, especially for schools. Mr Cameron highlighted that municipalities must also play their role in enforcing municipal bylaws that prohibit the establishment of liquor-selling premises near schools.

Both committees have committed to ensuring effective oversight over the implementation of the protocols.

Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

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The Ministry of Foreign Affairs, in collaboration with UN Women Liberia, proudly commemorated International Women in Diplomacy Day at the historic Cecil C. Dennis Jr. Auditorium, bringing together a broad spectrum of stakeholders to celebrate the achievements and contributions of women in diplomacy and foreign service. This year’s observance was held under Liberia’s national theme, “Accelerate Action,” underscoring the urgent need to fast-track efforts toward achieving gender equality and empowering women globally. The event provided a platform to honor trailblazing women, reflect on progress, and renew commitments to advancing women’s roles in international relations and decision-making spaces. In a message delivered on behalf of H.E. Sara Beysolow Nyanti, Minister of Foreign Affairs, Deputy Minister Cllr. Deweh E. Gray paid tribute to iconic Liberian women who have shaped the nation’s diplomatic and governance landscape. Among those honored were Madam Ellen Johnson Sirleaf, Africa’s first democratically elected female president; Angie Brooks Randolph, the first African woman to preside over the United Nations General Assembly; and Nobel Peace Laureate Madam Leymah R. Gbowee, all recognized as pioneers and beacons of peace, leadership, and gender inclusion.

Cllr. Gray highlighted key national initiatives aimed at enhancing women’s participation in diplomacy and peacebuilding, including the National Action Plan on Women, Peace, and Security, aligned with UN Security Council Resolution 1325. She emphasized that Liberian women are not only contributors to peace processes but are increasingly leading them affirming the country’s growing commitment to gender-responsive governance. She reflected on Liberia’s historic role as a champion of African sovereignty and global diplomacy, recalling the country’s early establishment of diplomatic relations with major powers as part of its longstanding advocacy for African self-determination. “Liberia has always been a symbol of hope and agency on the international stage,” she noted, urging continued leadership by women in diplomacy to shape a more inclusive and equitable world.

The Deputy Minister challenged women across all sectors to unite across borders, cultures, and professions to create a future where women can dream, achieve, and lead. She called for collective action to advance gender-sensitive policies and to mentor and support emerging generations of women leaders. The event featured a high-level panel discussion under the theme, “From Resolution to Reality,” during which seasoned diplomats and emerging professionals shared their personal journeys, experiences, challenges, and successes in diplomatic service. The dialogue offered valuable insights into translating international commitments on gender equality into tangible outcomes. The celebration drew participants from across the Liberian government, civil society, academia, diplomatic missions, and international development partners demonstrating strong, multi-sectoral support for advancing the role of women in diplomacy. As Liberia continues to build on its legacy of women’s leadership, the 2025 International Women in Diplomacy celebration served as a resounding reminder of the nation’s unwavering commitment to gender equality, empowerment, and inclusive global governance.

Distributed by APO Group on behalf of Ministry of Foreign Affairs of Liberia.

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The President of the Republic of Liberia, His Excellency Joseph Nyuma Boakai, Sr., has by Proclamation declared Thursday, June 26, 2025, as “International Drugs Day” and is to be observed throughout the country as a Working Holiday. The Proclamation calls on all citizens; government ministries and agencies as well as international organizations concerned to join the Drug Enforcement Agency (DEA) in executing appropriate programs befitting the occasion. According to a Foreign Ministry release, this year’s International Day Against Drug Abuse and its illicit trafficking will be observed under the global theme:  “The Evidence is clear, invest in Prevention. Slogan. Break the Circle. Stop Organized Crime”. Drug abuse and its illicit trafficking have posed major problems to the human race and millions of people worldwide continue to be affected directly and indirectly.

 The Proclamation is in consonance with an Act of National Legislature which was adopted in 1999, creating the Drug Enforcement Agency (DEA) with the authority to combat the importation, illicit trafficking and use of dangerous drugs. The observance of the day is intended to create awareness of the devastating effects of illicit drugs on individuals and families and to mobilize communities and other stakeholders against the use of such substances. On December 7, 1987, the General Assembly of the United Nations adopted Resolution 42/112, which set aside the 26th day of June of each year as International Day Against Illicit Trafficking of Drugs and other Substances of Abuse to be celebrated worldwide. 

Distributed by APO Group on behalf of Ministry of Foreign Affairs of Liberia.

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Today, President Abdel Fattah El-Sisi spoke by phone with Iranian President Masoud Pezeshkian.

The Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said President El-Sisi expressed Egypt’s absolute rejection of the recent Iranian missile attack targeting the State of Qatar. 

The President emphasized Egypt’s condemnation of any actions that infringe upon the sovereignty of states, particularly Arab and Islamic countries. 

President El-Sisi welcomed the announcement of a ceasefire agreement between Israel and Iran, affirming the importance of underpinning and adhering to this agreement, in light of the regional escalation that almost plunged the region into widespread chaos and violence.

The call also reviewed Egypt’s intensive efforts and contacts over the past days with various concerned parties, mainly the United States, to curb the escalation and restore calm and stability to the region. 

The call underscored Egypt’s continued endeavors to exert all necessary efforts to solidify the ceasefire agreement.

The two presidents concurred that the current delicate and sensitive phase necessitates advancing comprehensive political solutions and adopting approaches that consider the various dimensions related to regional security. 

Both Presidents also reiterated the significance of resuming negotiations on the nuclear program between Washington and Tehran and the indispensability to address concerns related to nuclear non-proliferation, in addition to advocating the establishment of a Middle East Weapons of Mass Destruction-Free Zone.

The Iranian president expressed his gratitude and appreciation to President El-Sisi, valuing Egypt’s wise and supportive stances for restoring stability in the region, and the efforts to prevent bloodshed among all parties.

Distributed by APO Group on behalf of Presidency of the Arab Republic of Egypt.