Acumen Closes $58 Million Impact Fund, the First to Drive Climate Adaptation for Smallholder Farmers

The Acumen Resilient Agriculture Fund (ARAF) seeks to build an ecosystem of agribusinesses that improve farmers’ livelihoods and build their resilience to climate change.

Nairobi, Kenya, July 27, 2021 (GLOBE NEWSWIRE) — The Acumen Resilient Agriculture Fund (ARAF) closed on June 30 at $58 million. This first-of-its-kind equity fund provides critical capital to support African agribusinesses that help smallholder farmers adapt to climate change. Sponsored by Acumen and anchored by Green Climate Fund (GCF), the fund is supported by the Dutch entrepreneurial development bank (FMO), the Soros Economic Development Fund, the French development institution PROPARCO (through FISEA+, the AFD Fund advised by PROPARCO), the Children’s Investment Fund Foundation, IKEA Foundation, Global Social Impact, and other respected investors and funders. The fund is managed by Acumen Capital Partners, a wholly owned subsidiary of Acumen.

“Smallholder farmers feed the world, but they are among the most affected by the climate crisis,” said ARAF’s Managing Director Tamer El-Raghy. “ARAF’s impressive $58 million close, $8 million above our initial target for the fund, is a watershed moment and, with only 5% of climate investment directed toward adaptation, signals the beginning of a shift in climate finance. By investing in agri-startups in East and West Africa, ARAF can reduce poverty, build climate resilience, and demonstrate the impact of investing in resilient agriculture. Since we started deploying capital in 2020, our team has invested in five companies operating in Kenya, Uganda, and Nigeria.”

Poverty, climate change, and resilient agriculture are intrinsically linked: More than half of the people living in poverty are smallholder farmers. These farmers provide a third of the world’s food supply. In Africa, their role is even larger as they produce approximately 80% of the continent’s food. Soil degradation, severe storms, shifting weather patterns, and more have changed the nature of farming, threatening farmers’ livelihoods and their ability to feed communities worldwide. These challenges are intensified by structural inefficiencies and limited access to credit. By supporting agribusinesses that offer aggregation, digital platforms, and financial solutions to smallholder farmers, ARAF seeks to build an ecosystem that enables farmers to raise their incomes and increase their resilience.

“The Green Climate Fund is delighted to partner with Acumen to support innovative agribusinesses that enhance the climate resilience of smallholder farmers in Africa. GCF has supported the Acumen Resilient Agriculture Fund from the early concept phase and provided catalytic capital to unlock private investment into this first climate adaptation-focused agribusiness investment fund in Africa. The fund will make critical investments to support climate resilience and agriculture productivity for smallholder farmers across countries in East and West Africa and help shift the pattern of investment in climate change adaptation in Africa from grants to a long-term capital approach,” said Director of GCF’s Private Sector Facility Tony Clamp.

New research by Acumen, funded by the United Kingdom Foreign, Commonwealth, and Development Office’s (FCDO) Strengthening Impact Investment Markets for Agriculture (SIIMA) program, illustrates the need for this transition, and calls for an increase in risk-tolerant, blended capital to sustainably scale agribusinesses that help build climate resilience. ARAF’s first-loss layer, supported by GCF and IKEA Foundation, enables this risk tolerance. Research also shows the importance of working with farmers and providing repeat training and instruction on how to best leverage products and services. ARAF answers this call by using blended finance to provide long-term support to small and medium-sized agribusinesses and through its $5 million Technical Assistance Facility (TAF) that is designed to provide farmers with the hands-on support they need. The TAF is funded by grants from GCF, IKEA Foundation, FCDO, and FMO.

“We are pleased to support ARAF as a lead investor. As a very reputable investor with an impressive track record in impact investing, Acumen’s focus on investing in promising early-stage companies active in smallholder value chains across East and West Africa aligns perfectly with FMO’s strategy. More importantly, by also being the first climate adaptation-focused agribusiness fund for African smallholders, the fund meets both our Green and Reducing Inequalities labels,” said Pieternel Boogaard, director of agribusiness, food, and water at FMO.

“The Soros Economic Development Fund is thrilled to support ARAF as a lead investor and help improve the climate resilience of smallholder farmers across sub-Saharan Africa. We believe ARAF can foster change by helping to seed, expand, or scale business models and restructure their relationship with powerful economic actors to empower smallholder farmers to improve their livelihoods and thrive. While initiated before COVID-19, this investment speaks to the moment by supporting vulnerable communities that are already disproportionally at risk,” said Catherine Cax, director of investments at the Soros Economic Development Fund.

To create ARAF, Acumen drew on its 20-year history supporting early-stage social enterprises and its experience scaling the off-grid energy sector through individual investments and commercial funds. Through ARAF, Acumen is bringing the same approach to resilient agriculture and delivering catalytic investment to address the capital gaps for agribusinesses on their journey to scale.

“The world’s poorest communities are often those hit hardest by the negative impacts of climate change. While wealthier people can afford to adapt, rebuild, and relocate, the poor are left to fend for themselves. At Acumen, much of our work focuses on helping low-income people, particularly farmers, adapt to and become resilient to climate change. That’s why we are so proud to sponsor ARAF and lead a group of committed investors to inject much needed capital into early-stage, integrated agribusinesses that will promote economic growth where it’s needed most and help us build a future with the sustainability of the earth at its center,” said Acumen Founder and CEO Jacqueline Novogratz. “Leveraging institutional support often requires initial philanthropic commitments, which are rare in the impact sector. We are deeply grateful to IKEA Foundation for its philanthropic gift that played a vital role in the launch of this critical fund.”

ARAF’s $58 million close illustrates a new focus on climate resilience among major investors. Together, the ARAF funders are reducing poverty, increasing climate resilience, and galvanizing sector-wide growth that can help build a more sustainable and prosperous future for us all.


Liza Kane-Hartnett

+1 (941) 928.3843

About the Acumen Resilient Agriculture Fund (ARAF)

ARAF is an impact agriculture venture capital fund that invests in agri-startups with business models that help smallholder farmers become more resilient to climate change. ARAF is managed by Acumen Capital Partners, a wholly owned subsidiary of Acumen. Learn more at

About Acumen

Acumen is changing the way the world tackles poverty. We invest patient capital in inclusive, early-stage social enterprises that serve people in poverty and enable them to transform their lives. We share our ethos, principles, and practices to train the next generation of leaders through Acumen Academy. We scale the most effective solutions to systemic poverty through for-profit, returnable impact funds, managed by Acumen Capital Partners, totaling more than $150 million. Founded in 2001 by Jacqueline Novogratz, Acumen has invested more than $137 million in 139 companies across Africa, Latin America, South Asia, and the United States. Learn more at and follow us on Twitter @Acumen.

Liza Kane-Hartnett
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Sanaag Specialty Hospital Opens Doors In Somaliland

Hospital backed by doTERRA Healing Hands will provide sustainable, quality health care to hundreds of thousands across a remote African region

PLEASANT GROVE, Utah and HARGEISA, Somaliland, July 27, 2021 /PRNewswire/ — doTERRA today announced the grand opening of Sanaag Specialty Hospital, located in Erigavo, the heart of Somaliland’s Frankincense resin harvesting region. The hospital provides quality, accessible healthcare in a region with over 600,000 people. Working with the Ministry of Health, Ministry of Planning, Response-Med, and various NGOs over the last four years, doTERRA Healing Hands Foundation and local partners, Jibriil Foundation and Asli-Maydi, funded the construction of the hospital to bring primary and secondary healthcare services to the remote region.

The Sanaag Specialty Hospital was officially opened by David Stirling, Barkhad Hassan, and Edna Adan.

The Sanaag Specialty Hospital provides services, including accident and emergency care, maternity and neonatal care, operating theater (C-sections and surgical procedures), pediatric care, in-patient and out-patient care, diagnostic services (laboratory and radiology), and community outreach. Part of the hospital’s community outreach will include training of maternal child health and health outpost personnel, regular health day clinics offering maternal and child health checks, as well as ambulatory response for emergency situations.

“Prior to the opening of the Sanaag Specialty Hospital, people had to travel over 12 hours to reach medical help, if they could afford the journey at all,” said Dr. Russell Osguthorpe, doTERRA Chief Medical Officer. “Now, Sanaag provides a full-service hospital, pediatric care, pharmacy services and community outreach services, among other medical care. This first-class facility allows us to face the region’s high infant and child mortality rate. We have an amazing and dedicated medical team that is already seeing success and making an impact in the lives of Somalilanders.”

“When doTERRA looks for sourcing partnerships, we deliberately choose locations where we can obtain the highest quality essential oils, while also focusing on improving the individual, social, economic, and environmental well-being of the people in surrounding communities,” said David Stirling, doTERRA founding executive and CEO. “The hospital has been a vision of ours for more than four years, and its completion represents the passion, determination, grit, and hard work of so many people and organizations. We can’t thank everyone enough for their contributions. Sanaag Speciality Hospital will be a powerful force for good in the lives of individuals and families living and working in the region for generations.”

The hospital currently employs over 100 staff, including a chief medical officer, senior medical officer and doctors specializing in general and trauma surgery, obstetrics, gynecology, internal medicine and child and infant care. The support staff include trained laboratory technicians, anesthetists, radiologists, pharmacists and nurses. Hospital and lab equipment meet the highest international standards and include an ambulance, three ultrasound machines, three incubators, and portable x-ray machines, among other technology.

doTERRA sources different species Frankincense resins from Somaliland, Oman, and Ethiopia. In Somaliland, doTERRA’s Frankincense resins come from the Sanaag Region. Approximately one-third of the national population lives in this region, and Frankincense harvesting is a primary source of employment. While middle men have often historically taken advantage of harvesters and collectors in the Frankincense industry, doTERRA has worked closely through its Co-Impact Sourcing program over several years to form a more traceable network of harvesters, collectors, and sorters working with over a dozen tribal sub-clans within Somaliland—providing livelihood opportunities to over 7,000 people.  This approach enables a more stable and reliable income, fairness, employment, and security for those within these supply chains.

About dōTERRA
dōTERRA® International is an integrative health and wellness company and the world leader in the Global Aromatherapy and Essential Oils market. dōTERRA sources, tests, manufactures and distributes CPTG Certified Pure Tested Grade® essential oils and essential oil products to over nine million dōTERRA Wellness Advocates and customers. Through industry leading responsible sourcing practices, dōTERRA maintains the highest levels of quality, purity and sustainability in partnership with local growers around the world through Cō-Impact Sourcing®. The dōTERRA Healing Hands Foundation®, a registered 501(c)(3) non-profit organization, offers resources and tools to global sourcing communities and charitable organizations for self-reliance, healthcare, education, sanitation, and the fight against human trafficking. Through the life-enhancing benefits of essential oils, dōTERRA is changing the world one drop, one person, one community at a time. To learn more, visit

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ISW Holdings Lands Significant Hosting/Mining Agreement with Global Leader Bitmain to Launch Phase One at New Georgia Cryptocurrency Mining Operation

LAS VEGAS, July 27, 2021 (GLOBE NEWSWIRE) — via InvestorWire — ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” or the “Company”), a global brand management holdings company, is excited to announce the signing of a cryptocurrency mining hosting agreement (the “Agreement”) with Bitmain Technologies (“Bitmain”), the world’s leading producer of cryptocurrency mining hardware and a leading global cryptocurrency mining firm.The Agreement will form the backbone of the Company’s Phase One launch of its cryptocurrency hosting and mining operation in Georgia. Further details related to this Agreement will be discussed in the near future.

Irene Gao, Antminer BD Director NCSA Region, Bitmain, said, “We are excited to have signed this new pioneering project to begin cooperation with ISW Holdings, a new milestone for the industry for creating hosting facilities overseas. The 200 MW facility is the first phase of our long-term partnership, utilizing renewable energy as its source. We expect to further expand this project into the future to support the development of the industry.”

“Bitmain is probably the most recognizable name in the mining space, and we are excited that they will be a major piece of our success in Georgia,” remarked Alonzo Pierce, ISW Holdings president and chairman. “Once our 200 MW power tranche is fully utilized, we anticipate annualized revenues of over $200 million, but that will only close the first phase of our vision. We look forward to discussing our next phases in due course. If we are able to execute according to our full vision, we have the potential to drive exponential revenue growth ahead.”

For more details and forward-looking statements, view the entire announcement:

About Bitmain

Bitmain Technologies is a multinational semiconductor company with state-of-the-art IC design capabilities. Bitmain offers products, including chips, servers, and cloud solutions for blockchain and artificial intelligence (AI) applications. Founded in 2013 and headquartered in Haidian District, Beijing, Bitmain has research and development centers in Hong Kong, Singapore, and the United States. According to Frost & Sullivan, Bitmain is among the world’s top 10 fabless IC designers and China’s second largest. In the blockchain mining area, Bitmain has shipped billions of ASICs, accounting for 75% of the global market.

About ISW Holdings

ISW Holdings, Inc. (ISWH), based in Nevada, is a diversified portfolio company comprised of essential business lines that serve consumer product demands. Our expertise lies in strategic brand development, early growth facilitation, as well as brand identity through our proprietary procurement process. Together, with our partners, we seek to provide a structure that meets large scalability demands, as well as anticipated marketplace needs. We are able to meet these needs through a variety of strategic innovative processes. ISWH is creating and managing brands across a spectrum of disruptive industries. It maneuvers its proprietary companies through critical stages of market development, which includes conceptualization, go-to-market strategies, engineering, product integration and distribution efficiency. The company has also partnered with a well-known software development and consulting company, Bengala Technologies LLC, which is developing significant enhancements in the supply chain management space; and the partnership has a vitally needed patent now pending.

The Company’s cryptocurrency mining segment, established in partnership with industry leader, Bit5ive LLC, is driven by a mission to mine cryptocurrency with a zero-carbon footprint.

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ISW Holdings Fecha Contrato Importante de Hospedagem/Mineração com o Líder Global Bitmain para o Lançamento da Fase Um da Nova Operação de Mineração de Criptomoedas na Geórgia

LAS VEGAS, July 27, 2021 (GLOBE NEWSWIRE) — via InvestorWire — A ISW Holdings, Inc. (OTC: ISWH) (“ISW Holdings” ou a “Empresa”), uma empresa global de gestão de marcas, tem o prazer de anunciar a assinatura de um contrato de hospedagem de mineração de criptomoedas (o “Contrato”) com a Bitmain Technologies (“Bitmain”), o principal produtor mundial de hardware de mineração de criptomoedas e uma empresa líder global de mineração de criptomoedas.

O Contrato será a espinha dorsal do lançamento da Fase Um da operação de hospedagem e mineração de criptomoedas da Empresa na Geórgia. Mais detalhes relacionados a este Contrato serão discutidos em um futuro próximo.

Irene Gao, Diretora de Antminer BD da Região NCSA da Bitmain, disse: “Estamos entusiasmados com a assinatura deste contrato para este novo projeto pioneiro que dará início à cooperação com a ISW Holdings, um novo marco para a indústria para a criação de instalações de hospedagem no exterior. A instalação de 200 MW é a primeira fase da nossa parceria de longo prazo que irá utilizar energia renovável como fonte. Esperamos expandir ainda mais este projeto no futuro para apoiar o desenvolvimento da indústria.”

“Bitmain provavelmente é o nome mais reconhecido na área da mineração, e estamos contentes com o fato de eles serem importantes para o nosso sucesso na Geórgia”, disse Alonzo Pierce, presidente e CEO da ISW Holdings. “Após a nossa parcela de energia de 200 MW estiver totalmente utilizada, nossa receita anualizada deverá chegar a mais de US$200 milhões, mas isso será somente a primeira fase da nossa visão. Estamos prontos para discutir nossas próximas fases oportunamente. Se tudo ocorrer de acordo com os nossos planos, temos o potencial de impulsionar o crescimento exponencial da receita futura.”

Para mais detalhes e declarações de previsão, veja o comunicado completo em:

Sobre a Bitmain

A Bitmain Technologies é uma empresa multinacional de semicondutores com capacidades de design de IC de última geração. A Bitmain oferece produtos, incluindo chips, servidores e soluções na nuvem para aplicações de blockchain e inteligência artificial (IA). Fundada em 2013 e com sede no Distrito de Haidian, Pequim, a Bitmain tem centros de pesquisa e desenvolvimento em Hong Kong, Cingapura e Estados Unidos. De acordo com a Frost & Sullivan, a Bitmain está entre os 10 principais designers de IC sem fábrica do mundo e a segunda maior da China. Na área de mineração de blockchain, a Bitmain já entregou bilhões de ASICs, representando 75% do mercado global.

Sobre a ISW Holdings

A ISW Holdings, Inc. (ISWH), com sede em Nevada, é uma empresa de portfólio diversificada composta por linhas de negócios essenciais que atendem às demandas de produtos de consumo. Somos experts no desenvolvimento estratégico de marca, facilitação do crescimento antecipado, bem como na identidade da marca através do nosso processo de aquisição proprietário. Juntamente com nossos parceiros, buscamos fornecer uma estrutura que atenda às grandes demandas de escalabilidade, bem como às necessidades previstas do mercado. Atendemos essas necessidades através de uma variedade de processos estratégicos inovadores. A ISWH está criando e gerenciando marcas em um espectro de indústrias disruptivas. Ela conduz suas empresas proprietárias durante as etapas críticas de desenvolvimento do mercado, incluindo conceituação, estratégias de go-to-market, engenharia, integração de produtos e eficiência de distribuição. A empresa também fez parceria com uma conhecida empresa de desenvolvimento e consultoria de software, a Bengala Technologies LLC, que está  desenvolvendo melhorias significativas no espaço de gestão da cadeia de suprimentos. Esta parceria tem uma patente essencial pendente.

O segmento de mineração de criptomoedas da Empresa, estabelecido em parceria com a líder do setor, Bit5ive LLC, é impulsionado pela sua missão de mineração de criptomoedas com uma pegada zero de carbono.

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ISW Holdings conclut un important accord d’hébergement/minage avec le leader mondial Bitmain pour lancer la première phase de son opération de minage de cryptomonnaies en Géorgie

LAS VEGAS, 27 juill. 2021 (GLOBE NEWSWIRE) — via InvestorWire — L’entreprise mondiale de gestion de marques ISW Holdings, Inc. (OTC : ISWH) (ci-après « ISW Holdings » ou la « Société ») a le plaisir d’annoncer la signature d’un accord d’hébergement pour le minage de cryptomonnaies (ci-après l’« Accord ») avec Bitmain Technologies (ci-après « Bitmain »), premier producteur mondial de matériel de minage de cryptomonnaies et société de minage de cryptomonnaies figurant parmi les leaders mondiaux du secteur.

Cet Accord servira de base au lancement par la Société de la phase 1 de ses opérations d’hébergement et de minage de cryptomonnaies en Géorgie. D’autres détails relatifs à cet Accord seront communiqués très prochainement.

Irene Gao, responsable de la région NCSA d’Antminer BD, a déclaré : « Nous sommes ravis d’avoir signé ce nouveau projet pionnier, qui vise à entamer une coopération avec ISW Holdings et constitue une nouvelle étape importante dans la création de sites d’hébergement à l’étranger pour le secteur. L’installation de 200 MW représente la première phase de notre partenariat à long terme et puise son approvisionnement dans les énergies renouvelables. Nous prévoyons d’étendre ce projet ultérieurement afin de soutenir le développement du secteur ».

« Bitmain est probablement le nom le plus reconnaissable dans l’espace minier, et nous sommes heureux d’en faire une composante majeure de notre succès en Géorgie », a pour sa part déclaré Alonzo Pierce, président-directeur général d’ISW Holdings. « Une fois que nous aurons déployé la tranche énergétique de 200 MW dans son intégralité, nous prévoyons un chiffre d’affaires annualisé supérieur à 200 millions de dollars, mais il ne s’agit là que de la première phase de notre vision. Nous avons hâte de passer aux prochaines phases de nos discussions le moment venu. Si nous atteignons une mise en œuvre conforme à l’ensemble de notre vision, nous aurons le potentiel pour générer une croissance exponentielle de nos revenus », a précisé Alonzo Pierce.

Pour plus de détails et pour accéder aux énoncés prospectifs, consultez l’annonce dans son intégralité à l’adresse :

À propos de Bitmain

Bitmain Technologies est une société multinationale de semi-conducteurs dotée de capacités de pointe pour la conception de circuits intégrés. Bitmain propose une gamme de produits comprenant des microprocesseurs, des serveurs et des solutions cloud à destination des applications de blockchain et d’intelligence artificielle (IA). Fondée en 2013 et basée dans le district d’Haidian, à Beijing, Bitmain exploite des centres de recherche et développement à Hong Kong, à Singapour et aux États-Unis. Selon Frost & Sullivan, Bitmain figure parmi les 10 plus importants concepteurs de circuits intégrés au monde et arrive au deuxième rang en Chine. Dans le domaine du minage de blockchain, Bitmain a expédié plusieurs milliards de circuits ASIC comptant pour 75 % du marché mondial.

À propos d’ISW Holdings

ISW Holdings, Inc. (ISWH), basée dans le Nevada, est une société de portefeuille diversifiée, composée d’unités commerciales essentielles qui répondent aux demandes de produits de consommation. Notre expertise réside dans le développement stratégique des marques, la facilitation précoce de la croissance, ainsi que l’identité des marques grâce à notre processus exclusif de passation de marchés. Aux côtés de nos partenaires, nous cherchons à fournir une structure répondant aux demandes de grande évolutivité, ainsi qu’aux besoins anticipés du marché. Nous sommes capables de répondre à ces besoins par le biais d’une diversité de processus stratégiques innovants. ISWH crée et gère des marques dans un large éventail de secteurs révolutionnaires. Elle aide ses sociétés propriétaires à progresser dans les étapes critiques du développement de marché, qui comprennent la conceptualisation, les stratégies de commercialisation, l’ingénierie, l’intégration de produits et l’efficacité de distribution. La Société s’est également associée à une entreprise de conseil et de développement de logiciels bien connue, Bengala Technologies LLC, qui développe des améliorations significatives dans le domaine de la gestion de chaîne d’approvisionnement. Ce partenariat est en instance d’obtention d’un brevet crucial.

Le segment dédié au minage de cryptomonnaies de la Société, établi en partenariat avec le leader du secteur, Bit5ive LLC, est motivé par une mission visant à miner les cryptomonnaies avec une empreinte carbone nulle.

Pour tout complément d’information, veuillez consulter le site

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Ne vous limitez pas aux seuls grands transporteurs avec Marine Online

La numérisation permet de résoudre les difficultés des propriétaires de cargaisons à trouver des navires

SINGAPOUR, le 27 juillet, 2021 /PRNewswire/ — Depuis le blocage du canal de Suez, la chaîne d’approvisionnement mondiale se bat aujourd’hui pour trouver des navires pour ses expéditions et pour obtenir un espace à des tarifs exorbitants. Toutefois, les propriétaires de cargaisons ne doivent pas se limiter à leur réseau existant de navires par leurs pratiques traditionnelles consistant à faire appel à des courtiers.

Marine Online est une plateforme efficace permettant aux propriétaires de cargaisons d’affréter des navires adaptés à leurs besoins commerciaux. Les armateurs qui sont à la recherche de cargaisons peuvent également tirer parti du réseau d’armateurs de Marine Online dans le même but. Par-dessus tout, les propriétaires de navires et de cargaisons bénéficient d’une économie de temps et d’argent en effectuant des transactions sur la plateforme de Marine Online. Les parties peuvent être assurées qu’il n’y a pas de coûts cachés – par rapport aux commissions facturées par un courtier dans le processus d’affrètement traditionnel.

Kenny Phua, vice-président du département d’affrètement de Marine Online, a ajouté : « Nous comprenons les difficultés que rencontrent aujourd’hui les propriétaires de cargaisons en raison de la pénurie mondiale d’équipements. Notre plateforme est sans aucun doute une alternative utile pour les propriétaires de navires et de cargaisons. Les expéditeurs qui ont des difficultés à trouver des navires appropriés peuvent faire appel à notre réseau pour combler leurs lacunes en matière d’expédition. Les armateurs peuvent également tirer parti de notre réseau pour rechercher des marchandises, en particulier ceux qui se limitent aux grands transporteurs. Nous sommes convaincus que Marine Online est un moyen efficace d’aider le secteur à maintenir ses opérations sans les taux et les charges exorbitants qui prévalent actuellement. »

La plateforme de Marine Online offre aux propriétaires de navires et de cargaisons la possibilité d’affréter des navires par le biais du marché ou de commandes privées – en fonction de leurs préférences. Les parties sont assurées de transactions sécurisées et transparentes, toutes les communications étant enregistrées sur la plateforme à des fins d’archivage.

À propos de Marine Online (Singapore) Pte Ltd

Marine Online est la première plateforme intégrée à guichet unique au monde spécialisée dans les services maritimes pour le marché mondial. Créée en 2019, elle propose de nombreux services maritimes par le biais de sa plateforme révolutionnaire d’IA et de Big Data aux propriétaires de navires et de cargaisons de la région. Avec son portefeuille composé de 8 principaux services, Marine Online façonne l’avenir du secteur maritime en ayant recours à une technologie de pointe pour créer des opportunités commerciales et des échanges. Pour plus d’informations, visitez

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Never Limited To Only Big Carriers With Marine Online

Addressing cargo owners’ difficulties finding vessels with digitalisation

SINGAPORE, July 27, 2021 /PRNewswire/ — Ever since the Suez Canal blockage, the world supply chain today struggles with finding vessels for their consignments and exorbitant rates to secure space. However, cargo owners need not limit themselves to their existing network of vessels by their traditional practices of calling brokers.

Marine Online is an effective platform for cargo owners to charter suitable vessels for their business needs. Shipowners who are on the lookout for cargoes can also leverage Marine Online’s network of cargo owners for the same purpose. Above all, both ship and cargo owners enjoy both time and monetary savings through transacting with Marine Online’s platform. Parties can be assured of zero hidden costs – compared to commissions charged by a broker in the traditional chartering process.

Kenny Phua, Vice President of Marine Online’s chartering department, added “We understand the difficulties cargo owners face today from worldwide equipment shortage. Our platform is definitely a useful alternative for both ship and cargo owners. Shippers having difficulties sourcing for suitable vessels can tap into our network to bridge their consignment gaps. Shipowners can also leverage our network to source for cargo – especially those cargo owners who limit themselves to big carriers. We are confident Marine Online is an effective medium to help the industry sustain their operations sans the prevailing exorbitant rates and loadings.”

Marine Online’s platform offers both ship and cargo owners to charter through market or private orders – subject to their preferences. Parties are assured of secured and seamless transactions with all communications captured in the platform for record purposes.

About Marine Online (Singapore) Pte Ltd

Marine Online is the world’s first one-stop integrated platform specialising in maritime services for the global market. Launched in 2019, it has provided various maritime services through its revolutionary A.I and Big Data enabled platform to regional ship and cargo owners. With its portfolio of 8 major services, Marine Online shapes the future of maritime by using cutting edge technology to create business opportunities and connections. For more information, visit

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UN Says Armed Groups Threaten Thousands of Eritrean Refugees in Tigray

GENEVA – The UN refugee agency warns about 24,000 Eritrean refugees trapped in two camps in northern Ethiopia’s Tigray province are in great danger as fighting among armed groups escalates.

Concerns are growing for the safety and wellbeing of thousands of Eritrean refugees in Mai Aini and Adi Harush camps as fighting intensifies in Tigray’s Mai Tsebri area.

The UN refugee agency reports aid agencies have been unable to access the camps since July 14. It says conditions for the refugees have become increasingly dire and worrisome since then.

UNHCR spokesman Babar Baloch says members of armed groups have infiltrated the camps. He says the Eritreans are living in constant fear. He says they are facing intimidation and harassment and are cut off from humanitarian assistance.

“We have received disturbing and credible reports in recent days from Mai Aini camp that at least one refugee was killed by armed elements operating inside the camp,” Baloch said. “The latest death is in addition to the killing of another refugee on 14 July.”

Baloch says he does not know which of the armed groups is responsible for the killings. However, his agency, he says, has received credible reports that people with guns are operating inside the two refugee camps.

He says the UNHCR has been appealing to the local authorities and the Ethiopian refugee agency to provide safety for the refugees and to grant aid agencies access to the camps. He notes the Eritrean refugees have been without humanitarian assistance for the last two weeks.

“Trapped refugees need urgent life-saving assistance,” Baloch said. “Clean drinking water is running out, no healthcare services are available, and hunger is a real danger. The last food distribution to both refugee camps was done in late June, which provided them rations for just one month.

Baloch says recent armed clashes in Afar region to the east of Tigray have displaced thousands of people, among them about 55,000 Eritrean refugees. He says concerns for their safety also are growing as armed confrontations are taking place near where the refugees live.

Source: Voice of America