Ministry of Finance, Planning and Economic Development (Uganda)

GLOBELEQ SIGNS GREEN HYDROGEN FRAMEWORK AGREEMENT WITH GOVERNMENT OF EGYPT AT COP27

Retrieved on: 
Monday, November 21, 2022
Hydrogen, Benban Solar Park, Seawater, Conference, ARC, Climate change, EETC, Framework, Uganda Electricity Transmission Company Limited, Partnership, Resource management, Multilateralism, Renewable energy, Economic development, Economy, Trade and Investment Framework Agreement, Ministry of Finance, Planning and Economic Development (Uganda), Electricity Generating Authority of Thailand, NREA, Investment, COP27, Private sector, OBE, Wind, Suez Canal, Investment and Development Agency of Latvia, Ministry of Electricity and Renewable Energy (Egypt), African, EL, Sovereign Fund of Brazil, General authority, Conference of the Parties, Canal, Petroleum, Electricity

Globeleq, as lead developer and investor, will develop, finance, build, own and operate the green hydrogen project.

Key Points: 
  • Globeleq, as lead developer and investor, will develop, finance, build, own and operate the green hydrogen project.
  • Other potential end-uses of green hydrogen, including green fuels, will be considered in the medium and longer term, once they become commercially feasible.
  • Globeleq aims to support the country's ambitious strategy to tackle climate change by developing new solar PV, wind, battery energy storage, seawater desalination and green hydrogen projects in Egypt.
  • The Government of Egypt has an ambitious energy transition plan, and active steps are being taken to make SCZONE a major hub for green hydrogen.

Pan-African Telecommunications Provider SEACOM Continues to Expand Across Africa with Acumatica Cloud ERP

Retrieved on: 
Tuesday, August 16, 2022
Cloud, Telecommunication, Acumatica, Organization, Multimedia, Goal, ICT, Running, Communication, Time, Connect Business Information Network, SEACOM, Ministry of Finance, Planning and Economic Development (Uganda), ERP, Growth, IP, Internet service provider, Online shopping

KIRKLAND, Wash., Aug. 16, 2022 /PRNewswire/ -- Acumatica, the world's fastest-growing cloud ERP company, has provided SEACOM, the Pan-African telecommunications provider, with the tools necessary to realise its ambitious growth plans and deliver high-speed internet connectivity around the world.

Key Points: 
  • KIRKLAND, Wash., Aug. 16, 2022 /PRNewswire/ -- Acumatica , the world's fastest-growing cloud ERP company, has provided SEACOM , the Pan-African telecommunications provider, with the tools necessary to realise its ambitious growth plans and deliver high-speed internet connectivity around the world.
  • SEACOM has grown rapidly in recent years on the back of a strategy toprovide cloud and communication services across Africa.
  • After implementing Acumatica's cloud ERP solution, SEACOM's accounting team were able to automate accounting tasks and saved 15-20% of their time.
  • Acumatica Cloud ERP provides the best business management solution for transforming your company to thrive in the new digital economy.

EVENTS DC BOARD OF DIRECTORS APPROVES SALE OF LAND BENEATH MARRIOTT MARQUIS

Retrieved on: 
Friday, June 10, 2022
Robert F. Kennedy Memorial Stadium, Economic development, Leadership, Mount Vernon Square, Congress, Skatepark, Marriott Marquis, D.C. Armory, Washington Convention Center, Carnegie library, Capstone Development, Entertainment, Ministry of Finance, Planning and Economic Development (Uganda), Partnership, Government, YouTube, RFK, Walter, Organization, Capital, Multimedia, Nationals Park, LEED, National Capital Trolley Museum, Sale, Quadrangle Development Corporation, Las Vegas Festival Grounds, MT, Nation, Social media, Council of the District of Columbia, Board, Event, Instagram, Washington Marriott Marquis, Tourism, Twitter, Events DC, District

WASHINGTON, June 10, 2022 /PRNewswire/ -- Events DC, the official convention and sports authority of the District of Columbia, announced that its board of directors voted yesterday to approve the sale of land it owns beneath the Marriott Marquis hotel in downtown DC to the hotel developer. A portion of the proceeds from the sale – approximately $10 million -- will fund grants that provide financial assistance to qualified nonprofit cultural institutions based in the District. The funding is intended to aid organizations with needed resources during the recovery phase of the pandemic. These institutions that engage in the management, interpretation and distribution of cultural and artistic knowledge and offer and promote activities meant to inform, educate attract visitors and residents to DC.

Key Points: 
  • WASHINGTON, June 10, 2022 /PRNewswire/ -- Events DC, the official convention and sports authority of the District of Columbia, announced that its board of directors voted yesterday to approve the sale of land it owns beneath the Marriott Marquis hotel in downtown DC to the hotel developer.
  • "We thank our partners at Events DC, Quadrangle Development Corporation and Capstone Development for their continued support and investment in our local economy."
  • The sale is the result of a stipulation in the original lease signed in 2010 that granted the hotel developer the option to purchase the land where the hotel currently sits from Events DC and the DC government.
  • "This landmark hotel has been vital to transforming this area into an events and entertainment destination," said Max Brown, Chairman of the Board of Directors of Events DC.

Two Ward 8 Small Businesses Raising Capital Through DC Rebuild Bond Program

Retrieved on: 
Wednesday, May 11, 2022
Banking, Restaurant, Bar, Accounting, Professional Services, Technology, State, Local, Small Business, Food, Beverage, Security, Retail, Finance, Public Policy, Government, Consulting, Defense, Investment, Small business, Department, Solution, Ministry of Finance, Planning and Economic Development (Uganda), Washingtonian movement, LLC, Jumpstart Our Business Startups Act, Color, Intelligence community, Partnership, Ward 5 (Mississauga), Program, DC, Advertising, SEC, CEO, Economic development, Intelligence, Security (finance), Bond, District

Innovative Recordings , LLC and Triune Solutions are the latest businesses giving local residents the opportunity to invest directly in them through the DC Rebuild Bond program.

Key Points: 
  • Innovative Recordings , LLC and Triune Solutions are the latest businesses giving local residents the opportunity to invest directly in them through the DC Rebuild Bond program.
  • Through the DC Rebuild Bond program, businesses can issue Small Business Bonds with no origination fees.
  • * Since it was launched in September 2021, eight (8) businesses have raised over $755,000 in investments, with more small businesses joining the program and investors buying Small Business Bonds daily.
  • By issuing a Small Business Bond, businesses can borrow money from existing customers and their community at competitive rates, raising the funds needed to expand their business.

MAYOR BOWSER DECLARES MAY 7th WASHINGTON JUSTICE DAY FOR THE CITY OF WASHINGTON, D.C.

Retrieved on: 
Saturday, May 7, 2022
Toronto Defiant, COVID-19, Ecosystem, Season, Overwatch League, Ministry of Finance, Planning and Economic Development (Uganda), University, Sport, Penn Quarter, 2020 Toronto Defiant season, EST, Justice, COVID, Washington Justice, District, THE, Event, Economic development, Nightclub

WASHINGTON, May 7, 2022 /PRNewswire/ -- In conjunction with the Washington Justice and Events DC, the Office of the Mayor of the District of Columbia formally proclaims May 7th, 2022 as the Official Washington Justice Day. After two consecutive playoff-reaching seasons, the opening of a brand new team headquarters and practice facility in Downtown DC's Penn Quarter, and numerous partnerships and activations with local schools, universities, and businesses, the Washington Justice have proudly showcased the power that esports and gaming has to foster an inclusive and diverse community for Washington DC and today is an opportunity to celebrate those milestones.

Key Points: 
  • WASHINGTON, May 7, 2022 /PRNewswire/ -- In conjunction with the Washington Justice and Events DC, the Office of the Mayor of the District of Columbia formally proclaims May 7th, 2022 as the Official Washington Justice Day.
  • MAYOR BOWSER DECLARES MAY 7TH WASHINGTON JUSTICE DAY FOR THE CITY OF WASHINGTON, D.C.
    "Mayor Bowser is focused on revitalizing and bringing a different energy to DowntownDC," said John Falcicchio, Deputy Mayor of Planning and Economic Development.
  • "The celebration of Washington Justice Day will not only shine a spotlight on the availability of esports in the city, but bring more vibrancy to the Sports Capital."
  • The Washington Justice have placed a core focus on building an accessible and inclusive community in the D.C area.

Kampala, Uganda's first public bus network will be operated using Optibus and SCINTL

Retrieved on: 
Monday, April 4, 2022
Amos, World Bank, World, Public Relations and Communications Association, Transport, Public relations, Economic development, City, Government, GameChanger, Ministry of Finance, Planning and Economic Development (Uganda), CEO, KMC, ICT, Communications manager, Innovation, TMC, Artificial intelligence, Travel, Technology, RADIUS, TEL, Central business district, Ministry of Trade and Industry, Kiira Motors Corporation, Efficiency, Partnership, Algorithm, Airline, Sistema Integrado de Transporte Optibús, Science, Ministry

KAMPALA, Uganda and TEL AVIV, Israel, April 4, 2022 /PRNewswire/ -- Optibus, the cloud-native solution for mass transport planning, scheduling, rostering, and operations, and SCINTL, a Ugandan IT company, have been selected by the Tondeka Metro Company (TMC) to partner on creating the mass transportation operations solution for the first public bus network in Kampala, Uganda. The project is sponsored by the World Bank and driven by a presidential initiative to boost economic growth and improve public transportation infrastructure.

Key Points: 
  • The project is sponsored by the World Bank and driven by a presidential initiative to boost economic growth and improve public transportation infrastructure.
  • To bring reliable, modern public transportation to Kampala, TMC will develop and operate the city's first formal bus fleet.
  • "We are thrilled to join this pioneering partnership to build Africa's most technologically advanced bus fleet and bus operations solution.
  • Optibus is proud to support Kampala in becoming a model city for transportation infrastructure," said Amos Haggiag, CEO and co-founder of Optibus.

Kampala, Uganda's first public bus network will be operated using Optibus and SCINTL

Retrieved on: 
Monday, April 4, 2022
Amos, World Bank, World, Public Relations and Communications Association, Transport, Public relations, Economic development, City, Government, GameChanger, Ministry of Finance, Planning and Economic Development (Uganda), CEO, KMC, ICT, Communications manager, Innovation, TMC, Artificial intelligence, Travel, Technology, RADIUS, TEL, Central business district, Ministry of Trade and Industry, Kiira Motors Corporation, Efficiency, Partnership, Algorithm, Airline, Sistema Integrado de Transporte Optibús, Science, Ministry

KAMPALA, Uganda and TEL AVIV, Israel, April 4, 2022 /PRNewswire/ -- Optibus, the cloud-native solution for mass transport planning, scheduling, rostering, and operations, and SCINTL, a Ugandan IT company, have been selected by the Tondeka Metro Company (TMC) to partner on creating the mass transportation operations solution for the first public bus network in Kampala, Uganda. The project is sponsored by the World Bank and driven by a presidential initiative to boost economic growth and improve public transportation infrastructure.

Key Points: 
  • The project is sponsored by the World Bank and driven by a presidential initiative to boost economic growth and improve public transportation infrastructure.
  • To bring reliable, modern public transportation to Kampala, TMC will develop and operate the city's first formal bus fleet.
  • "We are thrilled to join this pioneering partnership to build Africa's most technologically advanced bus fleet and bus operations solution.
  • Optibus is proud to support Kampala in becoming a model city for transportation infrastructure," said Amos Haggiag, CEO and co-founder of Optibus.

WeWork Launches Earth Month Initiative to Support Sustainability-Focused Startups in Partnership with Oatly and City Leaders

Retrieved on: 
Monday, March 28, 2022
Professional Services, Retail, Environment, Human Resources, Commercial Building & Real Estate, Construction & Property, Food, Beverage, Climate, Life, Yogurt, Climate change, Economic development, Multimedia, NYSE, City, Greater Boston, Environment, CEO, Primetime Emmy Award for Outstanding Production Design for a Variety, Reality or Competition Series, Health, Ice cream, Ministry of Finance, Planning and Economic Development (Uganda), Chamber of commerce, Policy, Solution, Economy, Commerce, Sustainability, Partnership, Renewable energy, WeWork, WEWORK, OATLY

WeWork is dedicating over $1 million in its flexible space offerings to support the sustainability-focused businesses who win a prize in the competition series.

Key Points: 
  • WeWork is dedicating over $1 million in its flexible space offerings to support the sustainability-focused businesses who win a prize in the competition series.
  • In addition, a WeWork offer will be provided to all WeWork Changemakers: Sustainability Series applicants.
  • Were excited that WeWork and Oatly are joining us to support startups that are advancing local and global sustainability through their business model, said San Francisco Mayor London Breed.
  • With this in mind, were excited to support and spotlight new ideas and ventures from the WeWork community that share our same ethos.

SOME (So Others Might Eat) Officially Opens Karin House To Provide Safe, Dignified Housing To 40 Seniors In Ward 4 On The Historic Walter Reed Campus

Retrieved on: 
Thursday, December 16, 2021
So Others Might Eat, Museum, ADA, Life, Volunteering, Community development, Ministry of Finance, Planning and Economic Development (Uganda), Case management, Poverty, Walter Reed, Homelessness, Family, Economic development, FMI, Toronto Seniors Services and Long-Term Care Division, Local Initiatives Support Corporation, Housing, Vacuum, JPMorgan Chase, SOME, National Equity Fund, Inc., Health, Restaurant, Management

This property will provide 40 seniors with newly renovated apartments on the historic Walter Reed campus in Washington, D.C. Karin House will offer efficiency units for older adults who earn no more than 30% family median income (FMI).

Key Points: 
  • This property will provide 40 seniors with newly renovated apartments on the historic Walter Reed campus in Washington, D.C. Karin House will offer efficiency units for older adults who earn no more than 30% family median income (FMI).
  • Karin House is aligned with Mayor Bowser's and SOME's shared goal for the equitable distribution of affordable housing throughout the city.
  • SOME believes that affordable housing and supportive programs improve the economic status of residents, revitalize neighborhoods, and stabilize lives.
  • SOME is proud to continue to expand its affordable housing portfolio into Northwest DC, making these vibrant neighborhoods accessible for those experiencing extreme poverty.

The Menkiti Group Celebrates Groundbreaking on Phase II of MLK Gateway Project in Historic Anacostia

Retrieved on: 
Tuesday, November 23, 2021
Heart, Atlantic Union Bank, CEO, SF, Community development, Ifeanyi Menkiti, Technology, Private sector, Economic development, Ministry of Finance, Planning and Economic Development (Uganda), SE, Architecture, Community Builders Group, Industrial bank, MLK, EVP, Housing, Anacostia River, Culture, LISC, Government, Chase, Opportunity zone, EagleBank, Ward, Multimedia, Economy, California Department of Housing and Community Development, Department, Life, Commerce, Blank Studio Architecture, Commercial property, Management, Bank

The development of this project is being led by The Menkiti Group and co-developed by SHIFT Capital, and Enlightened Inc.

Key Points: 
  • The development of this project is being led by The Menkiti Group and co-developed by SHIFT Capital, and Enlightened Inc.
  • The second phase of MLK Gateway will include construction of a new building at 1909 Martin Luther King Jr. Ave.
  • "MLK Gateway II shows how mission-driven development and community-focused investment works," said Brian Murray, CEO of SHIFT Capital.
  • The development of both phases of MLK Gateway is being led by local D.C.-based Black-owned integrated real estate services company, The Menkiti Group.