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Round Table for the Financing of CEMAC Integration Projects – Paris, 16 & 17 November 2020

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CEMAC takes up the Challenge and Mobilizes 3.8 Billion Euros to Finance Integration Projects in the CEMAC zone

 PARIS, FRANCE – EQS Newswire – 20 November 2020 – After two days spent in Paris meeting with representatives of the French Government, heads of community institutions, representatives of international institutions, donors and private investors, CEMAC can boast of significant economic success.

Under the leadership of HE Mr. Clément MOUAMBA, Prime Minister, Head of Government of the Republic of Congo, the institution has succeeded in raising 3.8 billion euros to support the financing of integration projects for the economic development of the region.

Organized by the Economic and Monetary Community of Central Africa (CEMAC) under the very high patronage of HE Mr. Denis SASSOU N’GUESSO, President of the Republic of Congo, President dedicated to the Economic and Financial Reform Program of CEMAC (PREF-CEMAC), represented by HE Mr. Clément MOUAMBA, Prime Minister, Head of Government of the Republic of Congo, the round table on the mobilization of financing for integration projects of CEMAC, was held on November 16 and 17, 2020 in Paris.

Due to the COVID-19 pandemic, the round table took place in a hybrid format with 60 participants present, and more than 400 video conference participants over both days.



The objective of this round table was to mobilize donors and private investors to raise funds for the effective implementation of eleven (11) integration projects in the CEMAC zone, which specifically focus on: facilitation of transport and trade, production and interconnection of electricity and communications networks, the common market and economic diversification, and human capital.


At the opening of the ceremony, the opportunities of the CEMAC zone and the importance of the implementation of integration projects for the strengthening of regional integration and the acceleration of the diversification of economies were reminded by Prof. Daniel ONA ONDO, President of the CEMAC Commission.


BDEAC, ADB, BADEA and other CEMAC partner institutions welcomed the initiative and expressed their commitment to support the implementation of projects, while emphasizing on the potential of the CEMAC zone.

The speeches were completed by the intervention of HE Mr. Clément MOUAMBA, Prime Minister, Head of Government of the Republic of Congo, who declared the workshop open and expressed his gratitude and that of all the populations of CEMAC to the French people and their authorities who, despite the international environment marked by the COVID-19 pandemic, have exceptionally agreed to authorize the organization of this meeting on French territory. The day ended with a session dedicated to PPPs during which six private institutions (Club PPP, Meridiam, STOA, Fidal, Olam and Sogea Satom), champions in their field, shared their experiences and success stories of PPPs in Central Africa. The IDB also made a presentation on Islamic finance (SUKUK) as an important mode of financing structuring and integrating projects. 

The second day mainly focused on B to B exchanges between Ministers, donors and economic institutions on the specific characteristics of certain projects, the issue of foreign exchange regulations and the financial environment in CEMAC, and details of the intentions and modes of donor funding. The Governor of BEAC had an enriching exchange with donors and private investors on the regulation of trade and the financial environment in CEMAC. The President of BDEAC also examined with partners their intentions and modes of financing. 

During the two days of the event, several panels bringing together directors of bilateral and multilateral agencies, government authorities and representatives of economic institutions in the area, took place one after the other.

The Ministers of the CEMAC countries made detailed presentations on the eleven (11) projects, presenting the content, objectives, financial evaluations, modes of financing and expected results of each of these projects.

Out of a need for 3.4 billion euros expressed, 3.8 billion euros were mobilized with the support of Afreximbank, BDEAC, the African Development Bank, the World Bank group, the Scandinavian Chamber of Commerce and SX Capital Holdings. The financing of 8 out of 11 projects has been fully completed.

“This round table has had the undeniable merit of taking CEMAC a further step forward on the road to providing it with the infrastructure necessary for its development,” said H.E. Gilbert Ondongo, Chairman of the Steering Committee of PREF-CEMAC, Minister of Economy, Industry and Public Portfolio of the Republic of Congo.

To read the full version of the final press release:  click here  (https://bit.ly/3kMXIlk

For more information on the Round Table and CEMAC, visit the websites  https://bit.ly/2ULfR8g   and  http://www.CEMAC.int/  

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ANNKE Smart Security Products Roll out to 36 More Countries, a Huge Stride in Globalization

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ANNKE, created for security, announced its further globalization march by expanding its shipping to 36 more countries. ANNKE now provides shipping to 123 countries worldwide, serving millions of customers globally.

Please check ANNKE global shipping here:

https://www.annke.com/pages/shipping-and-delivery

Recently, a lot of customers sent emails and direct messages to us, inquiring about the shipping to their regions. Upon receiving customers requests, the whole ANNKE Logistics Team contacted the global couriers and designed the fastest and easiest shipping routes jointly to deliver ANNKE products to those customers, said, Jet Li, ANNKEs CEO, Now we have made it! Customers from the newly-added 36 countries are able to purchase ANKNE security products at home to enjoy 24/7 all-around protection!

Upon the eruption of the pandemic, the global shipping was paralyzed out of blue. The concern about home security stimulated the needs of security products. ANNKE tried every effort to penetrate the pandemic to deliver the security products to customers globally. It took ANNKE only two weeks to make the shipping back to normal, while other companies were still struggling to find the available shipping ways.

No ecommerce companies can achieve true success without an all-round logistic strategy, Jet Li continued, ANNKE is always on the way to complete its logistic system. In 2021, we will keep improving and make our products available in more countries.

ANNKE, through nearly a decade of development, always puts customers needs in the No.1 priority. The customer-centric spirit inspires the whole ANNKE Team to create a positive experience for customers globally. Created for security, created for customers “ thats why ANNKE is created.

ANNKE Newly-Added Global Rolling

Algeria

Angola

Argentina

Bangladesh

Cameroon

Colombia

Costa Rica

Cote d’Ivoire

Dominican

Ecuador

El Salvador

Ethiopia

Ghana

Guatemala

Kazakhstan

Kenya

Kuwait

Lebanon

Madagascar

Mauritius

Morocco

Mozambique

Nepal

Nigeria

Nicaragua

Panama

Paraguay

Peru

Senegal

South Africa

Tanzania

Tunisia

Uganda

Venezuela

Uruguay

Zambia

 

 

 

 

For the full list of ANNKE product availability around the world, please visit ANNKE Shipping & Delivery policy.

About ANNKE

ANNKE, created for security, aims to provide the finest and best smart security cameras and systems for home and business owners worldwide. ANNKE’s deep expertise in product design, smart home connectivity and cutting-edge capabilities enable it to deliver the most seamless security solutions for users. ANNKE is always striving to develop innovative technology to provide customers with easiest and the most straightforward security products.

For more details about ANNKE and its products, please visit:

https://www.annke.com.

Alice Wei /PR Manager

Email: [email protected]

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Greenlane Renewables Announces Exercise of Over-Allotment Option

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Greenlane Renewables Inc. (Greenlane) (TSXV: GRN / FSE: 52G) is pleased to announce that, in connection with its previously announced upsized bought deal offering of 10,600,000 common shares of the Company (Shares) at a price of $2.17 per Share, for gross proceeds of approximately $23 million (the Offering), the underwriters have determined to exercise their over-allotment option to purchase an additional 1,590,000 common shares at the offering price of $2.17 per share (Additional Shares). Exercise of the over-allotment option will bring the total gross proceeds of the Offering to approximately $26.5 million.

TD Securities Inc. is acting as lead underwriter and sole bookrunner on behalf of itself and a syndicate of underwriters in connection with the Offering.

Closing of the Offering, which will include issuance of the Additional Shares, is anticipated to occur on January 27, 2021 and remains subject to certain conditions including, but not limited to, the receipt of all necessary approvals including the approval of the TSX Venture Exchange. The Company will use the net proceeds of the Offering for development of and investments in new renewable natural gas projects, for strategic growth initiatives, and for general corporate purposes (including the Companys ongoing business initiatives) and working capital.

The Shares will be issued pursuant to a prospectus supplement that has been filed with the securities regulatory authorities in each of the provinces of British Columbia, Alberta, Manitoba and Ontario under the Companys base shelf prospectus dated July 31, 2019 and may also be offered by way of private placement into the United States pursuant to Rule 144A. No securities regulatory authority has either approved or disapproved of the contents of this news release.

The securities being offered have not been, and will not be, registered under the United States Securities Act of 1933, as amended, or any state securities laws, and may not be offered, sold or delivered, directly or indirectly, in the United States, its possessions and other areas subject to its jurisdiction or to, or for the account or for the benefit of a U.S. person, unless an exemption from registration is available. This news release is for information purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities of the Company in any jurisdiction.

About Greenlane Renewables

Greenlane Renewables is a leading global provider of biogas upgrading systems that are helping decarbonize natural gas. Our systems produce clean, low-carbon renewable natural gas from organic waste sources including landfills, wastewater treatment plants, dairy farms, and food waste, suitable for either injection into the natural gas grid or for direct use as vehicle fuel. Greenlane is the only biogas upgrading company offering the three main technologies: water wash, pressure swing adsorption, and membrane separation. With over 30 years industry experience, patented proprietary technology, and over 110 biogas upgrading systems supplied into 18 countries worldwide, including the worlds largest biogas upgrading facility, Greenlane is inspired by a commitment to helping waste producers, gas utilities or project developers turn a low-value product into a high-value low-carbon renewable resource. For further information, please visit www.greenlanerenewables.com.

FORWARD LOOKING INFORMATION “ This news release contains forward-looking information within the meaning of applicable securities laws. All statements contained herein that are not historical in nature contain forward-looking information. Forward-looking information can be identified by words or phrases such as may, expect, likely, should, would, plan, anticipate, intend, potential, proposed, estimate, believe or the negative of these terms, or other similar words, expressions and grammatical variations thereof, or statements that certain events or conditions “may” or “will” happen. The forward looking information contained in this press release includes expectations about the likelihood of completing the Offering, the amount of funds to be raised, the use of proceeds of the Offering and the ability of the Company to secure required regulatory acceptances. The forward-looking information contained herein is made as of the date of this press release and is based on assumptions management believed to be reasonable at the time such statements were made, including management’s perceptions of future growth, results of operations, operational matters, historical trends, current conditions and expected future developments, as well as other considerations that are believed to be appropriate in the circumstances. While we consider these assumptions to be reasonable based on information currently available to management, there is no assurance that such expectations will prove to be correct. By their nature, forward looking information is subject to inherent risks and uncertainties that may be general or specific and which give rise to the possibility that expectations, forecasts, predictions, projections or conclusions will not prove to be accurate, that assumptions may not be correct and that objectives, strategic goals and priorities will not be achieved. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this press release. Such factors include, without limitation, the risk of failure to satisfy customary closing conditions of the Offering. Additional risk factors can also be found in the Company’s annual information form and prospectuses, which have been filed under the Company’s SEDAR profile at www.sedar.com. Readers are cautioned not to put undue reliance on forward-looking information. The Company undertakes no obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable law. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement.

Incite Capital Markets

Eric Negraeff / Darren Seed

Ph: 604.493.2004

Brad Douville, President & CEO, Greenlane Renewables

Email: [email protected]

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ROSEN, LEADING AND LONGSTANDING INVESTOR COUNSEL, Announces Filing of Securities Class Action Lawsuit Against Tricida, Inc.; Encourages Investors with Losses in Excess of $100K to Contact Firm – TCDA

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NEW YORK, Jan. 25, 2021 /PRNewswire/ — Rosen Law Firm, a global investor rights law firm, announces the filing of a class action lawsuit on behalf of purchasers of the securities of Tricida, Inc. (NASDAQ: TCDA) between September 4, 2019 and October 28, 2020, inclusive (the “Class Period”). The lawsuit seeks to recover damages for Tricida investors under the federal securities laws.

To join the Tricida class action, go to http://www.rosenlegal.com/cases-register-1941.html or call Phillip Kim, Esq. toll-free at 866-767-3653 or email [email protected] or [email protected] for information on the class action.

According to the lawsuit, defendants throughout the Class Period made false and/or misleading statements and/or failed to disclose that: (1) Tricida's NDA for veverimer was materially deficient; (2) accordingly, it was foreseeably likely that the FDA would not accept the NDA for veverimer; and (3) as a result, the Company's public statements were materially false and misleading at all relevant times.

A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than March 8, 2021. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. If you wish to join the litigation, go to http://www.rosenlegal.com/cases-register-1941.html or to discuss your rights or interests regarding this class action, please contact Phillip Kim, Esq. of Rosen Law Firm toll free at 866-767-3653 or via e-mail at [email protected] or [email protected].

NO CLASS HAS YET BEEN CERTIFIED IN THE ABOVE ACTION. UNTIL A CLASS IS CERTIFIED, YOU ARE NOT REPRESENTED BY COUNSEL UNLESS YOU RETAIN ONE. YOU MAY RETAIN COUNSEL OF YOUR CHOICE. YOU MAY ALSO REMAIN AN ABSENT CLASS MEMBER AND DO NOTHING AT THIS POINT. AN INVESTOR'S ABILITY TO SHARE IN ANY POTENTIAL FUTURE RECOVERY IS NOT DEPENDENT UPON SERVING AS LEAD PLAINTIFF.

Follow us for updates on LinkedIn: https://www.linkedin.com/company/the-rosen-law-firm, on Twitter: https://twitter.com/rosen_firm or on Facebook: https://www.facebook.com/rosenlawfirm/.

Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 3 each year since 2013. Rosen Law Firm has achieved the largest ever securities class action settlement against a Chinese Company. Rosen Law Firm's attorneys are ranked and recognized by numerous independent and respected sources. Rosen Law Firm has secured hundreds of millions of dollars for investors. Attorney Advertising. Prior results do not guarantee a similar outcome.

Contact Information:

      Laurence Rosen, Esq.
      Phillip Kim, Esq.
      The Rosen Law Firm, P.A.
      275 Madison Avenue, 40th Floor
      New York, NY 10016
      Tel: (212) 686-1060
      Toll Free: (866) 767-3653
      Fax: (212) 202-3827
      [email protected]
      [email protected]
      [email protected]
      www.rosenlegal.com

 

Cision View original content to download multimedia:http://www.prnewswire.com/news-releases/rosen-leading-and-longstanding-investor-counsel-announces-filing-of-securities-class-action-lawsuit-against-tricida-inc-encourages-investors-with-losses-in-excess-of-100k-to-contact-firm–tcda-301214388.html

SOURCE Rosen Law Firm, P.A.

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