International Monetary Fund (IMF) Staff Concludes Visit to Tunisia

17.July.2019 · Posted in APO-OPA

International Monetary Fund (IMF)
Download logo

Tight monetary and fiscal policies during the first half of 2019 have reduced inflation and laid the foundation for a second year of budget deficit reduction; Risks to the economic outlook have increased due to higher oil prices, weaker growth in Tunisia’s trading partners, and an appreciating dinar; Near-term policies should continue to focus on reducing fiscal and external deficits, lowering inflation further, and strengthening the social safety net for low-income households.

An International Monetary Fund (IMF) staff team led by Björn Rother visited Tunis from July 11–17, 2019, to discuss Tunisia’s recent economic developments, outlook and reform program. At the end of these discussions, Mr. Rother made the following statement:

“Following up on the recent conclusions for the 5th Review, we had fruitful discussions with the authorities on recent economic developments and the outlook for Tunisia. Strong monetary and fiscal policy implementation during the first half of 2019 have helped reduce inflation to 6.8 percent in June from a peak of 7.7 percent a year earlier, lower refinancing as of end-June and laid the foundation for a second year of fiscal deficit reduction.

“At the same time, risks to the economic outlook for 2019 have increased since the Fifth Review. Growth will likely be limited to at most 2 percent, reflecting notably the disappointing performance of industry in recent months. Moreover, the recent appreciation of the dinar, the increase in oil prices, and slower growth in Tunisia’s main trading partners are likely to weigh on the fiscal and external current accounts, despite the more favorable than expected performance of the tourism sector. These trends make it even more critical to stay the course on policy implementation.

“Meeting the budget deficit target of 3.9 percent of GDP for 2019 is critical to slow down the accumulation of public debt that reached 77 percent of GDP at the end of 2018. This will require continued strong performance on tax and tax arrears collection as well as additional measures to contain current expenditures, including through continued moderation of the wage bill and energy subsidies, in an environment of higher international oil prices. Staff also supports the authorities’ ongoing efforts to strengthen social safety nets especially for low-income households. Monetary policy should remain geared towards reducing inflation that erodes the purchasing power of Tunisians, while exchange rate flexibility can support an improvement in the current account and international reserves.

“The IMF team met with Minister of Finance Ridha Chalghoum, Minister of Development, Investment and International Cooperation Zied Laâdhari, Minister of Major Reforms Taoufik Rajhi, and Central Bank Governor Marouane El Abassi, as well as their staff. It also held discussions with representatives of the labor and employers’ unions, the private sector, civil society, and the diplomatic community. The mission would like to thank the authorities and all those with whom it met for their warm welcome and constructive discussions.”

Distributed by APO Group on behalf of International Monetary Fund (IMF).
Source: Apo-Opa

Global HVAC Leader Trane® appoints JMG Limited as new distributor in Nigeria for its residential and light commercial products

17.July.2019 · Posted in APO-OPA

JMG Limited

Trane® (, a global provider of indoor comfort systems and services and a brand of Ingersoll Rand, has entered into a new distribution agreement with JMG Limited ( in Nigeria, that will significantly expand and strengthen the distribution capacity of Trane in Nigeria.

The launch of Trane in Nigeria was at the MEGA CLIMA exhibition, dedicated to the refrigeration, air conditioning, ventilation and heating sector, which took place in the Landmark Exhibition Center in Lagos from the 11th to the 13th of July 2019. JMG Limited and Trane exhibited the Trane brand and conduct a seminar for the professional in the HVAC market.

Under the agreement, JMG Limited will be the Authorized Distributor of Trane residential and light commercial systems in Nigeria through a dedicated team of experienced sales and services engineers. This Distributorship allows JMG Limited to complete its strategic development in the building infrastructure segment in order to offer a One Stop solution to developers from power, electrical products, mobility equipment and now efficient air-conditioning systems. 

Mr. Hazem Bouzaiane, Africa Distributor Management Leader, Trane, said “We believe in selecting a Distributor who reflects Trane’s commitment to environmental sustainability with a strong focus on understanding and delivering value to customers, and the region they operate in. We are pleased to begin this journey with JMG Limited and will be very proactive in working with them to deliver the Trane promise of energy efficiency and reliability to the region”.

Mr. Ramzi Dabaghi, Head of Power Solutions & HVAC Division Manager, JMG Limited, said, “The HVAC industry is a very large industry that covers system design, operation and maintenance. Like most industries within the construction business, the HVAC sector has been gradually growing lately, with the end user spending substantial business expansion plans and supporting new enterprises in the industry. Our interest in the HVAC business arises after we have monitored the increasing market trend and identifying the areas/businesses that will benefit from our service. Add to this our concern to reduce energy consumption and to build a healthier environment.

We are quite aware that the success of any business lies in the foundation on which the business is built on, which is why we are confident enough that the JMG Limited – Trane partnership in the HVAC sector will succeed and develop rapidly.

JMG Limited has a dedicated team of professional engineers (Mechanical and Electrical), trained by Trane and specialized in Total engineering solutions and turnkey projects to deliver reliable and immediate results.

Thanks to the vast expertise and experience of our team, our aim is to provide the optimum solution, irrespective of category and scope of supply. We are always committed to provide high reliability with low maintenance, maximum safety and great flexibility. With the expertise and experience of our team and the name Trane and not to forget the quality and innovation of Trane products, we simply offer the best solutions.

We can confidently say that our partnership will definitely be a success story within the HVAC business in Nigeria”.

Distributed by APO Group on behalf of JMG Limited.

Media Contact:
Name: Jad Moukarim
Company: JMG Limited

About JMG Limited:
JMG Limited ( is a diversified solution provider with a broad portfolio in power generation, electrical infrastructures, industrial equipment and elevators & escalators. With over 20 years of experience in Nigeria and strong partnerships with some of the world’s leading brands, JMG Limited provides building and infrastructure solutions from Power to Plug. For more information on JMG Limited please visit

About Ingersoll Rand and Trane:
Ingersoll Rand (NYSE:IR) ( is a world leader in creating and sustaining safe, comfortable and efficient environments in commercial, residential and industrial markets. Our people and our family of brands — including Club Car®, Ingersoll Rand®, Thermo King® and Trane® — work together to enhance the quality and comfort of air in homes and buildings, transport and protect food and perishables, secure homes and commercial properties, and increase industrial productivity and efficiency. Trane solutions optimize indoor environments with a broad portfolio of energy efficient heating, ventilating and air conditioning systems, building and contracting services, parts support and advanced control. For more information, visit or

Media files
JMG Limited
Download logo

Source: Apo-Opa

For investors, by investors: Venture Capital for Africa (VC4A) and African Business Angel Network (ABAN) announce 6th edition of its Africa Early Stage Investor Summit (#AESIS2019)

17.July.2019 · Posted in APO-OPA

Venture Capital for Africa (VC4A)

13-15 November in Cape Town, South Africa; Announces partnership with R1.4 billion start-up funding unit, Naspers Foundry.

VC4A ( and ABAN are pleased to announce the 6th edition of the Africa Early Stage Investor Summit (#AESIS2019). The Summit will take place from 13-15 November at Workshop17 at the V&A Waterfront in Cape Town, South Africa. The conference brings together leading investors from Africa and beyond to network, exchange insights, create partnerships and make deals. This event is designed ‘for investors, by investors’.

What’s in store at #AESIS2019

The Summit’s speakers and guests hail from the leading angel networks, venture capital (VC) funds, impact investors, accelerators, corporate venture divisions, industry associations, and the public sector. The number of Africa-focused angel investor networks and investment funds are rapidly growing and maturing, bringing both critical challenges and greater opportunities for venture capital funding on the continent. Summit delegates will explore developments in Africa’s early stage investment space and will set the agenda for the coming years. 

Day 1 on 13 November is ‘Academy Day’, which includes a series of interactive masterclasses and workshops, ending with a welcome cocktail reception. Day 2 on 14 November is the main Summit Day and will include inspiring keynote presentations by industry leaders and roundtable discussions, and it will end with an Investor Dinner. Day 3 on 15 November is the optional Innovation Tour featuring insightful visits to key start-up hubs, accelerator programs and scaled up start-ups in the Cape Peninsula area. The detailed program is being finalized.

Announcing Naspers Foundry’s 2019 partnership

Naspers Foundry will be sponsoring the Summit’s main cocktail reception on 14 November, and will be contributing to the Summit’s program development. Naspers Foundry is a R1.4 billion start-up funding initiative aimed at boosting the South African technology sector. As well as providing much needed funding, Naspers Foundry helps talented and ambitious technology entrepreneurs develop and grow businesses that improve people’s daily lives.

“At Naspers, we believe in backing local entrepreneurs in growth markets and helping them by leveraging our global scale and experience. The Africa Early Stage Investor Summit provides an unique opportunity for Naspers to engage with like-minded investors and ecosystem partners from across the continent as we build out Naspers Foundry, and our broader investment ambitions”, said Phuthi Mahanyele-Dabengwa, CEO South Africa, Naspers.

Building on the success of 2018

The 2018 edition brought together over 300 investors from prominent African angel networks and VC funds to identify and address the critical gaps in the early stage investment space going into 2019. At the 2018 Summit, a number of successful partnerships were created, including a new partnership between South Africa’s Technology Innovation Agency (TIA), a public entity and the South African angel investor networks, Dazzle Angels and Jozi Angels. ABAN also signed an MoU with the African Union to deepen their collaboration to support entrepreneurship across the continent.

Additionally, L’Afrique Excelle, the Francophone edition of the World Bank Group’s XL Africa post-accelerator, formally launched at the 2018 Summit. The programme brought an unprecedented spotlight and momentum to French-speaking African growth stage start-ups. Over 30 VC funds including the IFC, ODV, Proparco, Outlierz Ventures and Compass VC formally signed up as investment partners for the program, with most of these partnerships formed over the two days of the Summit.

VC4A Venture Showcase – Series A

In 2017 and 2018, the Summit also featured a venture showcase of leading African digitally enabled scale-ups from across the continent, resulting in a number of series A deals totaling over $15 million.

In the 6th edition, ten growth stage companies that have been selected and vetted by Africa’s leading VCs, will be introduced in the showcase. These companies represent a new class of investment opportunities across the continent. The selected ventures have strong revenues, are well positioned for regional and international expansion, and demonstrate important innovations that are disrupting industries like agriculture, healthcare, housing, transportation, and finance.

Join us at #AESIS2019

To purchase a ticket or for more information, please visit Get an early-bird discount price of USD $375 if you purchase a ticket before 9 August. For media requests, and partnership and sponsorship opportunities, please contact the organizers by email: team[at]AfricaInvestorSummit[dot]com.

Distributed by APO Group on behalf of Venture Capital for Africa (VC4A).

About VC4A:
VC4A ( is an ecosystem builder that leverages its infrastructure, network and expertise for the programs that contribute to Africa’s startup movement. Since 2008, the organization designs, structures and implements successful entrepreneurship programs on the continent. VC4A runs an online platform featuring the world’s largest database of African startups and connecting local entrepreneurs to learning resources, mentors, investors and partner programs. Visit for more information.

About ABAN:
The African Business Angel Network (ABAN) ( is a Pan-African non-profit association. ABAN was founded in early 2015 to support the development of early stage investor networks across the continent and to grow the cohort of early stage investors excited about the opportunities in Africa. Visit for more information.

About Naspers:
Naspers ( is a global consumer internet group and one of the largest technology investors in the world. The group operates and partners a number of leading internet businesses across Central and Eastern Europe, Africa, the Americas and Asia in sectors including online classifieds, payments and fintech, food delivery, travel, education, health, and social and internet platforms. Naspers has a primary listing on the Johannesburg Stock Exchange (NPN.SJ) and a secondary listing on the A2X Exchange (NPN.AJ) in South Africa, and has an ADR listing on the London Stock Exchange (LSE: NPSN). Visit for more information.

Media files
Venture Capital for Africa (VC4A)
Download logo

Source: Apo-Opa

UNICEF signs annual work plans worth 1.4 billion birr with the Government of Ethiopia

17.July.2019 · Posted in APO-OPA

United Nations Children’s Fund (UNICEF)
Download logo

UNICEF signed the Ethiopian Fiscal Year 2012 annual work plans worth US$ 49 million (1.4 billion birr) with the Government of Ethiopia under the umbrella of the United Nations Development Assistance Framework (UNDAF 2016-2020). The work plans were signed by H.E. Mr. Admasu Nebebe, State Minister of Finance, Ms. Adele Khodr, UNICEF Representative to Ethiopia and Heads of Regional Bureaus of Finance and Economic Cooperation. UNFPA, represented by Mrs. Bettina Maas, UNFPA Country Representative to Ethiopia also attended the ceremony, as one of the UN agencies signing annual work plans with the Government.

In his remarks, Mr. Admasu Nebebe said as part of the harmonization process of UN delivering as one, the annual workplans of the two UN agencies were developed and signed jointly under the UNDAF this year. He stressed the need for alignment and coordination at all levels among UN agencies to increase efficiency.

Ms. Adele Khodr appreciated the Ministry of Finance and all implementing partners for the collaboration and support provided during the preparation and quality assurance of the work plans.

“Given that children make up half of Ethiopia’s population, with more than 2.6 million children born every year, failing to adequately invest in children now will prevent Ethiopia from developing the human capital base for a prosperous and peaceful future” she added.

The Ethiopian Fiscal Year 2012 (EFY 2012) work plans will be the last work plans of the current UNICEF Country Programme 2016 to 2020. The upcoming Country Programme 2020-2025 will build on the achievements of the ending Country Programme.

The work plans will be implemented by more than 98 Federal and Regional Government Implementing Partners covering 16 programme areas including Health, Nutrition, Sanitation and Hygiene, Water Supply, Learning and Development, Early Warning and Disaster Preparedness, Violence Against Children, Ending Child Marriage and FGM, Birth Registration, Communications, Advocacy and Partnership, Child Rights, Social Policy/Protection, Evidence, Public Finance for Children, Gender, M&E and Coordination.

Distributed by APO Group on behalf of United Nations Children’s Fund (UNICEF).
Source: Apo-Opa

World Bank Supports Recovery Efforts for Cyclone-Affected People in Zimbabwe

17.July.2019 · Posted in APO-OPA

The World Bank Group
Download logo

The World Bank Board of Directors approved today a $72 million grant from the International Development Association (IDA) Crisis Response Window (CRW) to the United Nations Office for Project Services (UNOPS) for the Zimbabwe Idai Recovery Project (ZIRP). The financing will help mitigate the impact of Cyclone Idai on the most affected communities of Zimbabwe and lay a foundation for regional recovery and longer-term resilience.

Given Zimbabwe’s non-accrual status with the World Bank, the ZIRP will be processed and financed on an exceptional basis, reflecting international recognition of the unprecedented humanitarian crisis caused by cyclone Idai in Zimbabwe. These funds will be disbursed to UNOPS, which will work with other UN Agencies, such as the World Food Program (WFP), Food and Agriculture Organization (FAO), United Nations Children Fund (UNICEF) and the World Health Organization (WHO) for project implementation.

The unprecedented scale of the impact of cyclone Idai on Zimbabwe represents the country’s most devastating recorded natural disaster, compounding the country’s already fragile humanitarian situation. The cyclone and its aftermath directly impacted 270,000 people; displaced close to 60,000 people; caused estimated direct damages of $622 million; and significantly damaged infrastructure, properties, crops, and livestock, with estimated building-back-better needs of up to $1.1 billion.

“The already acute economic and humanitarian situation in Zimbabwe was further worsened due to the damage inflicted by Cyclone Idai. This warrants an extraordinary and urgent response from the World Bank, and we are engaging partners to mount an effective response that addresses the most critical needs for immediate and sustainable disaster recovery,” said Paul Noumba Um, Country Director for South Africa, Namibia, Lesotho, Botswana, Swaziland, Zambia and Zimbabwe.

The project will target the most affected districts, with a focus on immediate interventions to support livelihoods regeneration and restoration of productive agricultural and livestock capacities and healthcare services, as well as medium-term recovery and resilience-building to rehabilitate critical community infrastructure, such as water and sanitation systems, community schools, roads, and disaster risk mitigation and preparedness.

The World Bank’s support complements the ongoing cyclone response by providing timely and flexible financing that enhances the coping capacity of the affected communities while humanitarian operations continue in tandem through other partners.

“ZIRP addresses critical issues at the humanitarian-development nexus, combining best practice from both fields. This multi-sectoral approach provides a more integrated, holistic, and sustainable solution and truly illustrates the power of partnerships,” said R. Mukami Kariuki, Country Manager for Zimbabwe.

The project will engage the government’s national, provincial and local structures at the various stages to ensure close coordination and collaboration with the programs of humanitarian and developmental agencies involved in supporting cyclone recovery in Zimbabwe.

Beyond the project just approved by its Board, the World Bank will also mobilize additional trust fund resources to provide technical assistance to the Government of Zimbabwe in setting up an overall programmatic Disaster Recovery and Resilience Framework to help it coordinate the efforts of all agencies supporting disaster recovery in the country.

Distributed by APO Group on behalf of The World Bank Group.
Source: Apo-Opa

Call for nominations to recognize exceptional African women advancing peace and security in Africa

17.July.2019 · Posted in APO-OPA

United Nations Office to the African Union (UNOAU)
Download logo

The African Union Commission (AUC) and the United Nations Office to the African Union (UNOAU) are calling for nominations of African women who have exceptionally advanced the women, peace and security agenda in Africa. The women will be featured in an upcoming commemorative book set to be launched in year 2020. The commemorative book initiative is part of the activities for the 20th anniversary of the United Nations Security Council Resolution 1325 on women, peace and security. At least twenty (20) African women will be featured in the book. A chapter will be dedicated to each woman to share her story or contribution to either of the four pillars of Resolution 1325 namely; prevention, protection, participation and/or relief and recovery as part of the peace and security activities.

Additionally the book aims to send a message of encouragement to women across our continent and in the rest of the world, by reflecting the exceptional stories and contributions of the women to peace and security on the continent and serve as a learning experience and motivation to other women, especially young women involved in mediation, peacebuilding and peacekeeping activities. The commemorative book will be launched at the margins of the 33rd Ordinary Session of the Assembly of State and Government of the African Union (AU Summit), scheduled for February 2020 at the African Union headquarters in Addis Ababa, Ethiopia. This will also align with the launch of the African Union theme of the year 2020 on Silencing the Guns by 2020.

The African Union – United Nations collaboration envisaged in this initiative reflects a greater partnership between the two Organizations, marked by the signing of the UN-AU Joint Framework for Enhanced Partnership in Peace and Security in April 2017, by H.E. Moussa Faki Mahammat, AU Commission Chairperson and H.E. Antonio Guterres, UN Secretary-General.

In the year 2000, the UN Security Council adopted its landmark Resolution 1325 (2000) on women, peace and security. The Resolution observed that conflict affects women differently and underscored the importance for peace processes to be inclusive and address the needs, views and ensure the participation of women in order to achieve positive outcomes and a lasting peace dividend.

The nominations will close on the 12th of August 2019. To apply, visit commemorative book on UNSCR 1325 on and African women contributions to the peace and security agenda on

Distributed by APO Group on behalf of United Nations Office to the African Union (UNOAU).
Source: Apo-Opa

A high-level delegation led by South Sudan’s Undersecretary of Health visited Yei River State to intensify Ebola preparedness in the country

17.July.2019 · Posted in APO-OPA

World Health Organization (WHO)
Download logo

On 15 July 2019, a high-level delegation led by Dr Makur Matur Kariom, Undersecretary, Ministry of Health and Mr Alain Noudehou, UN Resident/Humanitarian Coordinator and comprising Ambassadors of donor countries, heads of United Nations (UN) agencies and Representatives of international non-governmental organizations visited Yei town.

The objective of the visit was to among others reassure local authorities of the continued support of the development partners and the one UN in South Sudan; secure sustained commitment of the local authorities to the EVD preparedness efforts and publicize in the national press key messages to the general public regarding Ebola preparedness.

South Sudan is one of the four priority one countries (Burundi, Rwanda, South Sudan, Uganda) prioritized by WHO to enhance preparedness and operational readiness based on the proximity to the outbreak area as well as the capacity to manage Ebola virus disease (EVD) outbreaks in the Democratic Republic of Congo (DRC).

The risk of transmission of EVD into countries that share borders with DRC, including South Sudan, has been classified as “very high” by WHO. Cases of EVD have recently been confirmed in Uganda, Goma and in Ariwara, a town in DRC located just 70km from the border with South Sudan.

“Diseases such as Ebola don’t respect boundaries, race or religion so all must ensure that they work together to prevent its cross border transmission into South Sudan”, said Mr Noudehou. He also reiterated the commitment of the UN to continue to support EVD preparedness in the country under the leadership of WHO.

As a priority one country for EVD preparedness, the Ministry of Health, National Task Force, WHO and partners are implementing the National EVD Preparedness Plan, including vaccinating front-line health workers, educating people about prevention and response measures, conducting screening at multiple locations to help with early detection of cases, training personnel in infection prevention and control as well as being preparing for safe and dignified burial processes if needed.

“Although South Sudan has not confirmed any EVD case, implementation of effective public health measures is critical to manage the risk posed by South Sudan’s complex humanitarian context, the history of previous (EVD) outbreaks, increasing global travel and proximity to DRC”, said Dr Olushayo Olu, WHO Country Representative to South Sudan.

At the end of the visit, the Governor of the state, the state Health Ministry and partners on the ground reiterated their commitment to intensify key interventions and increase public awareness by providing adequate information through all communication channels, religious and community leaders.

In his closing remarks, the Undersecretary, Dr Makur appreciated WHO and other partners for the strong partnership and support rendered to enhance capacities to effectively implement the International Health Regulations (IHR, 2005) and address the threats of EVD and other infectious diseases.

Ebola Virus Disease (EVD) is one of the most fatal and highly infectious diseases known to the world. The on-going outbreak in the Democratic Republic of Congo (DRC) is the second largest outbreak reported globally. As of 13 July 2019, 2 489 confirmed cases and 1 665 deaths have been reported.

WHO is working in Jubek, Gbudue, Tambura, Maridi, Torit, Wau and Yei River states alongside their respective state health ministries and partners to provide strategic public health leadership and support required to ensure that all the high-risk counties are operationally ready and prepared to implement timely and effective EVD risk mitigation, detection, and response measures.

Distributed by APO Group on behalf of World Health Organization (WHO).
Source: Apo-Opa

Statement attributable to the Spokesman for the Secretary-General on the situation in Abyei

17.July.2019 · Posted in APO-OPA

United Nations - Office of the Spokesperson for the Secretary-General
Download logo

The Secretary-General is saddened by the incident that occurred earlier today at the Amiet Market in Abyei, during which two United Nations Interim Security Force for Abyei (UNISFA) peacekeepers, conducting a routine patrol, came under attack by unknown assailants. One peacekeeper was killed while the other was wounded. Five civilians from Abyei region were also killed in the incident.

The Secretary-General conveys his deepest condolences to the family of the deceased peacekeeper and to the Government and people of Ethiopia and wishes the injured peacekeeper a speedy recovery. He extends his sympathies to the families of the civilians killed.

UNISFA has deployed peacekeepers to the area to enhance security and determine the circumstances behind the attack.

Distributed by APO Group on behalf of United Nations – Office of the Spokesperson for the Secretary-General.
Source: Apo-Opa

Brexit upheaval brings opportunity for African educators

17.July.2019 · Posted in APO-OPA

Rushmore Business School

The influential magazine Foreign Policy published an article at the end of 2018 entitled The Brexit Fueled Death of the British University ( A grim outlook for the British education sector at the start of the year has only got worse as the nation prepares for a “No Deal Brexit” and a long period of uncertainty around UK trade and immigration policies.

A joint letter sent by the heads of 150 UK universities to British Members of Parliament called a No Deal Brexit one of the “biggest threats ever” to British universities. The letter stated “vital research links will be compromised, from new cancer treatments to technologies combating climate change. The valuable exchange of students, staff and knowledge would be seriously damaged.”

British universities are now warning that international students, worth £26bn to the UK economy, will opt for countries such as the US, Canada and Australia instead. Already Australia has moved ahead of the UK as the second biggest destination for overseas students.

However, in a time of crisis for UK universities, opportunities could open up for African higher education institutions. While political developments like Brexit are putting up increased barriers to free global movement, the demand for international education and experience has never been higher.

A British Education in Africa

Since 2002 Rushmore Business School ( in Mauritius has offered British education in association with British universities from its base in Mauritius. The idea of a winning a British degree without the high cost of relocating and living in the UK proved popular with Mauritian students. Rushmore now offers over 60 programmes in collaboration with UK institutions, some up to PhD level.

In an interview with  ( Dr Essoo announced plans to open new international Rushmore campus in East Africa and Europe.

Both moves would represent a significant reversal of the current trend in Mauritian education of attempting to build the country as an education hub and attract students from Africa and India to study on the island.

Future of Pan-African Education

A Mauritian higher education institution moving into East Africa could be a significant moment in the development of Pan-African internationalist education.

Dr Essoo outlined Rushmore’s development strategy by stating “We were the first institution to really look at this idea of the education hub, of developing Mauritius as a knowledge hub. The previous government started the education hub programme and this government has continued.

However, having looked at it we realised that we are maybe putting the cart before the horse. My personal opinion is that we have tried this education hub approach and it hasn’t worked very well. We attracted maybe 10 to 15% of our students from Africa and India.

I think our next step needs to be going physically to those markets and expanding there. We are working on that now, we call this the third stage of our development. The first stage was setting up initially, the second stage was building our campus here and consolidating what we had, and now the third stage is to go in to other markets and take our model there.

The plan is to have campuses in Mauritius, Eastern Africa, and Europe offering the same courses and offer students mobility between the three campuses. Students from Europe could spend some time in Africa and some time in Mauritius, and see three different cultures. We would then be a truly international school or University and students would get a truly international education.

In addition to Africa, a lot of Europeans, particularly from eastern Europe, study in the UK either for their full degree or for one term or one year through exchange programmes such as Erasmus.

We believe that with Brexit there is going to be an impact on education and on those students. We believe that we can go into those European markets and offer British education.”

The developments at Rushmore highlight the rapid changes the international education market is going through.

Demand for international education has never been higher. However, the traditional education markets in the global north are fostering political environments increasingly hostile to internationalisation.

International higher education is now a $1.9 trillion global market and enrollments in higher education institutions are projected to grow by 200% by 2040. Total enrolment across the African continent will roughly triple from 7.4 million students to nearly 22 million by 2040.

Following the historic launch of the African Continental Free Trade Area (, the continent must develop leaders with both a Pan-African and internationalist mindset. The expansion of institutions such as Rushmore Business School will be a significant catalyst in created an integrated African higher education sector able to attract partnerships with the leading British and international academics and teachers.

Rushmore Business School offers a wide range of programmes that address Africa’s future development needs, from engineering, business, hospitality and tourism through to aviation. Learn more about Rushmore Business School degree programmes here (

Distributed by APO Group on behalf of Rushmore Business School.

Media files
Rushmore Business School
Download logo

Source: Apo-Opa

Global, Transparent, Trusted: Kaspersky successfully passes independent SOC 2 audit

17.July.2019 · Posted in APO-OPA

Download logo

Kaspersky ( has successfully completed the Service Organisation Control for Service Organisations (SOC 2) Type 1 audit. The final report, issued by one of the Big Four accounting firms, confirms that the development and release of Kaspersky’s threat detection rules databases (AV databases) are protected from unauthorised changes by strong security controls. In addition, the company is announcing new developments of its Global Transparency Initiative.

The Service Organisation Controls (SOC) Reporting Framework is a globally recognised report for cybersecurity risk management controls, developed by the American Institute of Certified Public Accountants (AICPA) to inform customers about effective design and implementation of security controls. Being a responsible and transparent company for its customers, Kaspersky has chosen this standard to demonstrate the trustworthiness of its product and the company’s commitment to the AICPA Trust Service Principles and Criteria: Security, Availability, Processing Integrity, Confidentiality, and Privacy.

The examination completed under the SSAE 18 standard (Statement of Standards for Attestation Engagements) includes internal controls over regular automatic updates of antivirus databases, created and distributed by Kaspersky for its products operating on Windows and Unix Servers. In its final report, the Big Four independent auditor identified suitability of the abovementioned controls and their appropriate operation on a specified date.

“The security of our products is certainly one of our top priorities. We are proud to have completed this independent assessment which provides our customers with assurance of the security of our products, and confidence in our R&D processes and controls. This audit marks one more step in our efforts to demonstrate the company’s transparency,” noted Andrey Efremov, Chief Technology Officer at Kaspersky.

Following the terms of the contract, Kaspersky cannot disclose the name of the third-party Big Four auditor. Although the company can disclose the principal information about its abovementioned commitments and requirements in the SOC 2 Type 1 report upon request (

The audit was done as part of the Global Transparency Initiative (, which Kaspersky announced in 2017, to further ensure its partners and customers that the company’s products and services are not only the best when it comes to protection from cyberthreats, but also treat customer data with the highest respect and care. Among other things the company is committed to relocating to Switzerland its data storage and processing for customers. As of today, the company has completed the second stage of its relocation for European users and plans to finalise this change by the end of 2019.

As well as data relocation, Kaspersky aims to have at least three transparency centers by 2020. The company continues support of its Bug Bounty Program and is working on several other projects aimed at increasing the company’s transparency and trustworthiness.

Further developments of the Global Transparency Initiative:

Bug Bounty Program: Kaspersky has been working continuously on the development of its Bug Bounty Program. Recently the company paid a $23,000 bounty – the biggest reward in the history of the program to date – to researchers from the Imaginary team for the discovery of a security issue in Kaspersky that could potentially allow third-parties to remotely execute arbitrary code on a user's PC with system privileges. The bug was promptly fixed. Kaspersky thanks the Imaginary team for the report and their assistance in improving the company’s products.

Safe Harbor for vulnerability researchers: The company now supports the framework which provides Safe Harbor for vulnerability researchers concerned about negative legal consequences of their discoveries. Kaspersky understands that external experts provide valuable assistance by finding and reporting vulnerabilities in its products and is ready to provide additional guarantees for fair treatment of vulnerability reports.

Transparency Centers: The recently announced Transparency Center in Madrid is officially open to Kaspersky’s customers and partners, as well as government stakeholders, starting from June. As is the case at the Zurich facility, the company offers source-code reviews and tailored security briefings on the company’s data processing practices and functioning of its products.

Threat intelligence support for law enforcement agencies: Kaspersky, the first among cybersecurity vendors, announced an advanced free service for Law Enforcement Agencies (LEAs). A unique and tailored approach developed to maximise their efforts in tackling borderless cybercrime, it consists of three components:

  • Threat intelligence Reporting
  • Threat Data Feeds
  • Automated Security Awareness Platform (Kaspersky ASAP).

By providing the free offering to LEAs, the company aims to increase awareness of how Kaspersky services operate and how they can help fight cybercrime and sophisticated cyberthreats. More information about the service can be found here.

Kaspersky continues developing its Global Transparency Initiative and will be providing updates regularly.

Distributed by APO Group on behalf of Kaspersky.

About Kaspersky
Kaspersky ( is a global cybersecurity company founded in 1997. Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative security solutions and services to protect businesses, critical infrastructure, governments and consumers around the globe. The company’s comprehensive security portfolio includes leading endpoint protection and a number of specialized security solutions and services to fight sophisticated and evolving digital threats. Over 400 million users are protected by Kaspersky technologies and we help 270,000 corporate clients protect what matters most to them. Learn more at

Source: Apo-Opa