New generative AI-powered Zoom IQ features are now available to Zoom users via free trials

Zoom IQ meeting summary and chat compose features allow users to quickly summarize Zoom Meetings without recording and draft content in Zoom Team Chat

SAN JOSE, Calif., June 05, 2023 (GLOBE NEWSWIRE) — Today Zoom Video Communications, Inc. (NASDAQ: ZM) launched key features of Zoom IQ, a smart companion that empowers collaboration and unlocks people’s potential through generative AI. Now available through free trials for customers in select plans,1 the Zoom Meeting summary and Zoom Team Chat compose features will help teams improve productivity, balance workday priorities, and collaborate more effectively.

“With the introduction of these new capabilities in Zoom IQ, an incredible generative AI assistant, teams can further enhance their productivity for everyday tasks, freeing up more time for creative work and expanding collaboration,” said Smita Hashim, chief product officer at Zoom. “There is no one-size-fits-all approach to large language models, and with Zoom’s federated approach to AI, we are able to bring powerful capabilities to our customers and users through Zoom’s own models as well as our partners’ models.”

Zoom’s federated approach to AI leverages its own proprietary large language AI models, those from leading AI companies — such as OpenAI and Anthropic — and select customers’ own models. With this flexibility to incorporate multiple types of models, Zoom’s goal is to provide the most value for its customers’ diverse needs.

The first set of Zoom IQ capabilities is now generally available to Zoom customers in select plans as free trials:

  • Meeting summary: Zoom Meeting hosts can now create a summary powered by Zoom’s own large language models and share it via Zoom Team Chat and email without recording the conversation. Hosts receive automated summaries and can share them with attendees and those who didn’t attend to improve team collaboration and speed up productivity.
  • Chat compose: Zoom Team Chat users can now use the generative AI-powered compose feature, which leverages OpenAI’s technology, to draft messages based on the context of a Team Chat thread in addition to changing message tone and length as well as rephrasing responses to customize text recommendations.

Zoom is committed to empowering customers with the tools they need to control their data. In order to use these features, customers will need to go to the Zoom admin console and opt into the free trials for each feature. As part of the opt-in, customers will also select data-sharing options with Zoom. Account admins may change this data-sharing selection at any time. Customer data will not be used to train third-party models. More information can be found here.

To further help its customers and users, Zoom will continue to enhance its products with Zoom IQ capabilities. The next set of generative AI-powered features, scheduled to be released soon, will allow users to draft email content, summarize Team Chat threads, organize ideas, and draft whiteboard content:

  • Email compose: Harnessing the power of generative AI, users will get email draft suggestions in response to the conversational context from prior Zoom Meetings, Zoom Phone calls, and email threads. Initially available in Zoom IQ for Sales, sales professionals will be able to quickly follow up with customers based on the context of their last conversation. Email compose will be generally available in the coming weeks.
  • Zoom Team Chat thread summaries: Ever step away from the computer only to come back to a flurry of Team Chat messages? Available in the coming months, Team Chat thread summaries will allow users to catch up with the click of a button.
  • Meeting queries: Joining a Zoom Meeting late can be both disruptive and confusing for the latecomer, but not anymore. Meeting queries will allow users to catch up quickly without disrupting the meeting flow by discreetly submitting a query via the in-meeting chat and receiving a generative AI-created summary of what they missed. The meeting queries feature is expected to be generally available in the coming months.
  • Whiteboard draft: Who hasn’t experienced the “cold start” problem? A slow start to a brainstorming session can put a damper on idea generation, but with whiteboard draft, teams will be able to get a set of initial ideas, simply using text prompts. The whiteboard draft feature is expected to be generally available in the coming months.
  • Whiteboard synthesize: Brainstorming sessions typically end with a lot of ideas that need to be organized in order to execute. The whiteboard synthesize feature automatically organizes ideas into categories, so teams can get to work faster. This feature is expected to be generally available in the coming months.

About Zoom
Zoom is an all-in-one intelligent collaboration platform that makes connecting easier, more immersive, and more dynamic for businesses and individuals. Zoom technology puts people at the center, enabling meaningful connections, facilitating modern collaboration, and driving human innovation through solutions like team chat, phone, meetings, omnichannel cloud contact center, smart recordings, whiteboard, and more, in one offering. Founded in 2011, Zoom is publicly traded (NASDAQ:ZM) and headquartered in San Jose, California. Get more info at zoom.com.

Zoom Public Relations
Lacretia Taylor
press@zoom.us

__________________________
1
Meeting summary and chat compose with Zoom IQ are currently available in English only to Zoom One packages (Enterprise Plus, Enterprise, Business Plus, Business, Pro) and select Zoom legacy bundles (Enterprise Named Host, Enterprise Active Host, Zoom Meetings Enterprise, Zoom Meetings Business, Zoom Meetings Pro) as free trials for a limited time. Select verticals and geos may be excluded.

Free trial features may be discontinued or modified at any time and may be subject to usage limits, regional or license restrictions, and other terms and conditions.

GlobeNewswire Distribution ID 8852345

NRx Pharmaceuticals, Lotus Pharmaceuticals and Alvogen Inc. Announce Collaboration to Develop and Commercialize NRX-101

  • NRx Pharmaceuticals, Lotus Pharmaceuticals, and Alvogen to collaborate on the further development and commercialization of NRX-101 for suicidal treatment-resistant bipolar depression (S-TRBD) for global markets
  • Lotus Pharmaceuticals will acquire worldwide rights for NRX-101 for S-TRBD and will be responsible for commercialization of NRX-101 in markets outside the US through Lotus’s direct presence in certain Asian markets or through their export division, which currently has partnerships in numerous markets, including in Europe, Japan, China, Australia and Latin America
  • Alvogen, through its CNS focused Almatica® division, will be responsible for U.S. commercialization of NRX-101
  • NRx will be eligible to receive up to $330 million in milestone payments tied to development progress and sales targets as well as tiered double-digit escalating to the mid-teens royalty payments contingent upon certain sales thresholds in the U.S. and a fixed royalty payment for markets outside the U.S.
  • Agreement includes a right of first negotiation for new indications outside of the field of bipolar depression with suicidality for NRX-101 and/or potential new products containing D-cycloserine in combination with an antidepressant / antipsychotic

RADNOR, Pa. and MORRISTOWN, N.J. and TAIPEI, Taiwan, June 05, 2023 (GLOBE NEWSWIRE) — Lotus Pharmaceuticals (1795:TT; “Lotus”), a multinational pharmaceutical company, Alvogen, a privately owned U.S. based pharmaceuticals company, and NRx Pharmaceuticals Inc. (Nasdaq: NRXP) (“NRx Pharmaceuticals or NRx”), a clinical stage biopharmaceutical company, today announced a global collaboration agreement covering the development and commercialization of NRX-101 for suicidal treatment-resistant bipolar depression (S-TRBD) for global markets.

Under the terms of the agreement, relating to NRX-101 for the U.S. market, NRx is entitled to receive an initial payment of $10 million upon achieving both a successful read-out from the ongoing Phase 2b/3 clinical trial in S-TRB and completion of a Type B meeting with the U.S. Food and Drug Administration (FDA). NRx would receive an additional payment of $5 million upon receipt of FDA approval for NRX-101 as well as bonus milestone payments of increasing amounts up to $330 million based on reaching certain net sales targets. In addition to success-based payments, NRx is eligible to receive a royalty on net sales between 12% and 16% contingent on certain sales thresholds for the U.S. market and other success-based payments for markets outside of the U.S.

Lotus will acquire worldwide rights for NRX-101 for treatment of S-TRBD and will be responsible for commercialization of NRX-101 in markets outside of the U.S. through their direct commercial presence in certain Asian markets or through Lotus’s export division where the company currently markets an extensive portfolio of products through top-tier partners. Lotus will partner with Alvogen, a longstanding partner for Lotus in the U.S., to commercialize NRX-101 for treatment of S-TRBD in the U.S. market through Alvogen’s Almatica label. Almatica is the CNS-focused division of Alvogen that currently markets six branded products. Alvogen and Lotus have committed to fund the next registrational study in suicidal treatment-resistant bipolar depression to support approval of NRX-101 contingent upon successful results of the ongoing Phase 2b/3 clinical trial and completion of a Type B meeting with the FDA. Lotus and Alvogen will have a right of first negotiation for new indications outside of the field of bipolar depression with suicidality for NRX-101 and/or potential new products containing D-cycloserine in combination with an antidepressant / antipsychotic.

Stephan Willard, J.D., Chief Executive Officer of NRx, commented, “This collaboration can accelerate the delivery of NRX-101 to patients grappling with suicidal bipolar depression who desperately need better treatment alternatives. With our current resources we believe we can fund our operations until the expected Phase 2b/3 trial data. This global partnership significantly minimizes the need for future capital raises for NRX-101 development and commercialization. Alvogen and Lotus, with their CNS expertise and global operational capabilities, are ideal partners for this and possibly other NRx programs.”

Lisa Graver, Chief Executive Officer of Alvogen, commented, “A medication that improves depression in bipolar patients with elevated risk of suicide would represent a significant improvement in treatment, and we view the Phase 2 STABIL-B data of NRX-101 as promising to that effect. This agreement is congruent with our strategy of developing branded CNS products with clear differentiation and patient benefit while leveraging our proven commercialization capabilities under our Almatica brand. NRX-101 provides an excellent addition to our growing CNS pipeline.”

Petar Vazharov, Chief Executive Officer of Lotus, commented, “This is an exciting transaction for Lotus. Over much of the last decade, Lotus has been able to transition itself from a domestic generics Taiwanese company into a global pharma company that exports its intellectual property all over the world through either our direct presence across Asia or through our export business that includes the U.S., Japan, China, Latin America and Europe. The addition of NRX-101 to our pipeline is completely in-line with our strategic objective to drive heightened innovation that addresses significant unmet medical needs.”

An estimated seven million people are living with bipolar depression in the U.S. alone1. The risk of suicide within the group is very high, with data indicating that 50% or more of these patients will attempt suicide in their lifetime2. There are currently no medications specifically approved for people with bipolar depression and elevated levels of suicidality. NRX-101 is the first investigational medication to be specifically studied in this vulnerable patient population. Proof-of-concept data from the Phase 2 STABIL clinical trial, in which patients with bipolar depression and acute suicidality were randomized to NRX-101 or lurasidone after stabilization with one infusion of ketamine, showed a statistically significant benefit of NRX-101 vs lurasidone. Based on these data, the U.S. FDA granted Breakthrough Therapy Designation (BTD) and a Special Protocol Assessment (SPA) for NRX-101 in bipolar depression with acute suicidality.

NRx Pharma recently announced that it has upgraded and expanded its ongoing Phase 2 randomized, controlled clinical trial in bipolar depression with sub-acute suicidality to a registrational Phase 2b/3 clinical trial.   Results from the ongoing Phase 2b/3 clinical trial are expected by year-end 2023. NRx will be hosting a conference call to discuss in greater detail the impact of the transaction.

About NRX-101

Up to 50% of individuals with bipolar disorder attempt suicide over their lifetime, and estimates indicate that up to 20% may succumb to suicide3. The only FDA-approved treatment for patients with treatment-resistant suicidal bipolar depression remains electroconvulsive therapy.

Conventional antidepressants can increase the risk of suicide in certain patients; hence their labels contain a warning to that effect. NRX-101 is a patented, oral, fixed dose combination of D-cycloserine and lurasidone, neither of which has shown addiction potential in preclinical models. Based on the results of a Phase 2 proof-of-concept study, NRX-101 received Breakthrough Therapy Designation from the FDA for the treatment of severe bipolar depression in patients with Acute Suicidal Ideation & Behavior (ASIB) after initial stabilization with ketamine or other effective therapy.

NRX-101 is one of the first oral antidepressants currently in late-stage clinical studies targeting the NMDA-receptor in the brain, which represents potentially a key new mechanism to treat depression with and without suicidality, as well as PTSD and other indications. To date, NRX-101 is the only oral NMDA investigational medicine focused on bipolar depression in patients with acute and sub-acute suicidality.

About NRx Pharmaceuticals

NRx Pharmaceuticals is a clinical-stage biopharmaceutical company developing therapeutics for the treatment of central nervous system disorders, specifically bipolar depression with suicidality and post-traumatic stress disorder (PTSD). The company’s lead program NRX-101, an oral, fixed-dose combination of D-cycloserine and lurasidone, targets the brain’s N-methyl-D-aspartate (NMDA) receptor and is being investigated in a Phase 2b/3 clinical trial for Suicidal Treatment-Resistant Bipolar Depression, which includes patients with both acute and sub-acute suicidality, an indication for which the only approved treatment is electroshock therapy. The company’s prior Phase 2 STABIL-B clinical trial evaluating NRX-101 in patients with Severe Bipolar Depression with Acute Suicidal Ideation & Behavior (ASIB) demonstrated a substantial improvement over available therapy in reducing depression and suicidality compared to placebo when patients were treated with NRX-101 after a single dose of ketamine. Based on the findings from the STABIL-B trial, the U.S. Food and Drug Administration (FDA) granted a Special Protocol Agreement and Breakthrough Therapy Designation for NRX-101 in patients with Severe Bipolar Depression with ASIB.

About Alvogen and Almatica

Alvogen is a privately held pharmaceutical company focused on developing, manufacturing and selling generic and branded products for the US market. The company has a diverse portfolio and pipeline that includes both branded and generic products across various administration forms. The Alvogen-family of companies includes Alvogen US (Generics), Almatica (Brands) and Almaject (Injectables).

Almatica Pharma LLC is a wholly owned subsidiary of Alvogen, Inc. and is a U.S. pharmaceutical company focused on the development, acquisition and commercialization of branded pharmaceutical products. Its current product portfolio covers a range of therapeutic areas, but promotional focus is on central nervous system disorders and conditions.

About Lotus

Founded in 1966, Lotus (1795: TT) is an international pharmaceutical company with global presence, focused on commercializing novel and generic pharmaceuticals, offering patients better, safe and more accessible medicines. The Company has a recognized best-in-class R&D and manufacturing platform in Asia and has established partnerships in nearly every global market including the U.S., Europe, Japan, China, and Brazil. Lotus runs over 100 strategically selected pharmaceutical projects in development and registrations across Asia and the US, with over 250 commercial products. The Company invests in diversified best portfolio consisting of high-barrier oncology, complex generics as well as 505(b)2 and NCE via internal R&D investment and licensing-in partnership, and also strengthens its portfolio competitiveness by adding biosimilar products with support from strategic partners. Its industry-leading infrastructure certified by most of the advanced regulatory authorities around the world, including US FDA, EU EMA, Japan PMDA, China FDA, and Brazil ANVISA.

1Merikangas, K., et al.(2007). Lifetime and 12-Month Prevalence of Bipolar Spectrum Disorder in the National Comorbidity Survey Replication. Arch Gen Psychiatry, 64:543-552

2Pallaskorpi, et al. Incidence and Predictors of suicide attempts in bipolar I and II disorder: A 5-year follow-up study, Bipolar Disorders, 2016

3Psychiatric Times; Suicide Attempts and Completions in Patients with Bipolar Disorder

NRX Cautionary Note Regarding Forward-Looking Statements

This announcement of NRx Pharmaceuticals, Inc. includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995, which may include, but are not limited to, statements regarding our financial outlook, product development, business prospects, and market and industry trends and conditions, as well as the Company’s strategies, plans, objectives, and goals. These forward-looking statements are based on current beliefs, expectations, estimates, forecasts, and projections of, as well as assumptions made by, and information currently available to, the Company’s management.

The Company assumes no obligation to revise any forward-looking statement, whether as a result of new information, future events or otherwise. Accordingly, you should not place reliance on any forward-looking statement, and all forward-looking statements are herein qualified by reference to the cautionary statements set forth above.

Lotus Cautionary Note Regarding Forward-Looking Statements

Except for historical information contained herein, the matters set forth in this document are forward looking statements that are subject to risks and uncertainties that could cause actual results to differ materially. These forward-looking statements are not based on historical facts but rather on management’s expectations regarding future growth, results of operations, performance, future capital and other expenditures, competitive advantages, business prospects and opportunities. Statements in this presentation about our future plans and intentions, results, level of activities, performance, goals or achievements or other future events constitute forward looking statements. Wherever possible, words such as “anticipate”, “believe”, “expect”, “may”, “could”, “will”, “potential”, “intend”, “estimate”, “should”, “plan”, “predict”, or the negative or other variations of statements reflect management’s current beliefs and assumptions and are based on the information currently available to our management. Investors are cautioned not to place undue reliance on these forward-looking statements, which are made as of the date of this document and we assume no obligation to update or revise any forward-looking statements.

Lotus Contacts:

INVESTOR AND MEDIA RELATIONS
Susan Liao, Head of Investor Relations
+886 2 2700 5908
investor@lotuspharm.com

NRX Contacts:

CORPORATE CONTACT
Matthew Duffy
Chief Business Officer
mduffy@nrxpharma.com

INVESTOR RELATIONS
Suzanne Messere
Investor Relations
suzanne.messere@sternir.com

Alvogen Contacts:

Andrea Sweet
andrea.sweet@alvogen.com

GlobeNewswire Distribution ID 1000823518

VERSES, DENTONS US and SPATIAL WEB FOUNDATION To Release Industry Report Titled “A Path to Global AI Governance”

Figure 1

The Road to Autonomy – Executive Summary

VANCOUVER, British Columbia, June 05, 2023 (GLOBE NEWSWIRE) — VERSES AI Inc.  (CBOE CANADA:VERS) (OTCQX:VRSSF) (“VERSES” or the “Company”), a cognitive computing company specializing in the next generation of artificial intelligence (“AI”), announces the release on June 8, 2023 of an AI industry report titled “THE ROAD TO AUTONOMY: A Path To Global AI Governance”.

The report combines the legislative expertise from Dentons, the world’s largest multinational law firm, and the AI acumen of VERSES with the guidance on technical standards from the Spatial Web Foundation to provide an in-depth analysis of the legal and key legislative trends from across the world on the state of AI regulation and recommendations for a path forward for government regulation of AI.

The report aspires to pioneer a fresh approach for legal practitioners, government regulators, and lawmakers, to keep pace with the rapid technological advancements and to guide their adaptation. The critical aspect of the report is to promote the adoption of standards for what VERSES considers “law as code.” The objective is to encode laws and legal principles into an understandable, machine-readable language that will facilitate the comprehension and autonomous compliance of AI systems with legal frameworks and social norms.

The report analyzes the unprecedented challenges presented by the emergence of AI and autonomous software, devices, and vehicles addressing fundamental questions like, “How can governments regulate AI systems that are on a path to regulating themselves? How can humans stay in the loop to ensure AI alignment with human values, principles, and laws, while guaranteeing fair and equitable services for all individuals and communities? And, how do we encode and enforce AI laws directly in AI systems themselves?”

The report critically examines the transformative power of rapidly evolving technologies such as AI systems and their impending impact on legal, regulatory, and government sectors and accentuates the crucial need for developing and adopting standards that foster the understanding, governance, and interoperability of AI and autonomous systems. The report underscores the role of these technical standards in shaping dynamic and effective laws to regulate, oversee, and contemporize AI activities.

The goal of the report is to provide governments, regulators, and legislators with a pragmatic framework that not only informs but also provides a roadmap for policymaking, legislation, and compliance efforts in the field of AI. This is relevant to the flourishing autonomous vehicle industry, while also serving as a fundamental guide for all future AI-driven systems. Emphasizing the urgency of a globally unified, forward-thinking approach to AI governance, the report signals the vital need for standards development and deployment as the world navigates the pathway to Autonomous Intelligent Systems (“AIS”).

Significantly, the report points to the instrumental role of sociotechnical standards, as demonstrated by the work of the Institute of Electrical And Electronics Engineers IEEE P2874 Working Group. This initiative from the world’s largest association of technical professionals, underscores the importance of aligning AIS with human values and reducing the risk of harmful behavior.

The report also highlights the European Commission’s Flying Forward 2020 (“FF2020”) project for successfully implementing these standards. Led by VERSES and running on its KOSM platform, the FF2020 project featured autonomous AI-powered drones executing various tasks, such as medical supply delivery, building security inspection, and large crowd monitoring, all while adhering to local laws. The project exemplifies how the seamless integration of standards for AI with Urban Air Mobility and current legal and regulatory frameworks could improve the implementation of AI-powered services at city scale and beyond.

The report envisions the application of these standards to a host of sectors, including healthcare, education, finance, supply chain and more, paving the way for a smarter world with AI seamlessly operating behind the scenes.

AI is advancing at an unprecedented pace, raising concerns about the direction of its future trajectory. As AI evolves towards autonomous systems, the need for regulation becomes critical. We must address the challenge of regulating self-regulating AI to ensure alignment with human values and prevent potential risks. By implementing global technical standards and establishing an international AI regulatory framework, we can harness the immense benefits of AI while safeguarding against its potential perils,” stated VERSES CEO, Gabriel René.

We are thrilled to collaborate with VERSES, as the challenge of regulating machines raises the question of how to strike a balance between control and freedom for entities incapable of comprehending laws or guiding principles. The current pace of the legal system hinders effective regulation and allows unchecked development of rapidly evolving technologies like AI. A new socio-technological standards-based approach seems to be a very pragmatic and appealing way forward,” said Peter Stockberger, Partner at Dentons US.

In summary, the report calls for a safe, effective, and inclusive journey down the “Road to Autonomy,” ensuring that future AI systems are not just technically advanced but also aligned with the best interests of humanity, both now and in the future. With AI influencing every sector, this insightful report offers pragmatic recommendations for a more secure, innovative, and integrated AI-driven future. The full report will be available on the VERSES, DENTONS, and Spatialweb.org websites on or around June 8, 2023, with the executive summary already available for preview.

About VERSES

VERSES is a cognitive computing company specializing in next-generation AI. Modeled after natural systems and the design principles of the human brain and the human experience, VERSES flagship offering, GIA™, is an Intelligent Assistant for everyone powered by KOSMOS™, a network operating system enabling distributed intelligence.  Built on open standards, KOSM transforms disparate data into knowledge models that foster trustworthy collaboration between humans, machines, and AI, across digital and physical domains. Imagine a smarter world that elevates human potential through innovations inspired by nature. Learn more at VERSESLinkedIn, and Twitter.

About Dentons 
Dentons is designed to be different. As the world’s largest global law firm with 21,000 professionals in over 200 locations in more than 80 countries, Denton’s can help you grow, protect, operate and finance your business. Denton’s polycentric and purpose-driven approach, together with their commitment to inclusion, diversity, equity and ESG, ensures they challenge the status quo to stay focused on what matters most to you. www.dentons.com

About the Spatial Web Foundation 
The Spatial Web Foundation is a non-profit organization dedicated to the development and ethical use of technology, specifically in the creation and implementation of the Spatial Web protocol. The foundation’s core initiatives include developing open standards and protocols, promoting interoperability, and educating the public and policymakers. The foundation supports transparency and accountability in the development and use of technology, promotes responsible innovation, engages in dialogue and collaboration with various stakeholders, and adopts a proactive approach to addressing emerging ethical challenges. Ultimately, the Spatial Web Foundation seeks to create a more inclusive, accessible, and equitable internet that empowers individuals and communities to connect, create, and thrive.

On Behalf of the Company 

Gabriel René
VERSES Technologies Inc.
Co-Founder & CEO
press@verses.io

Media and Investor Relations Inquiries 

Leo Karabelas
Focus Communications
President
info@fcir.ca
416-543-3120

The NEO has not reviewed or approved this press release for the adequacy or accuracy of its contents.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/1df22be2-a8db-4ce3-8217-05fbc905429f

GlobeNewswire Distribution ID 8852013

More than 300 pioneering change makers expected to convene in Accra for two-day sustainable summit

The Global South’s largest convening on impact entrepreneurship and sustainable development, the Sankalp Summit, is hosting its 1st Edition in Accra on June 12 and 13.

The Sankalp West Africa Summit 2023 presented by Intellecap and Sankalp Forum will positively engage 80+ Global and Regional Speakers and over 300 pioneering change-makers from the development ecosystem and impact community in West Africa, to discuss, define, and drive forward the critical levers of entrepreneurial success, across more than 16 interactive sessions.

This year’s summit on the theme :’Catalysing Collaborations for Entrepreneur led development in West Africa’ will focus on the power of partnerships in supporting the growth of entrepreneurs in the region and driving critical discussions around focus areas like Climate and Energy, Agriculture, Health and Nutrition, Circular Economy, Financial Inclusion, Gender and Livelihoods.

The Summit will also feature speeches by government dignitaries, insights from Global leaders, learning sessions through master classes, insightful panel discussions, francophone country spotlights, and the Sankalp West Africa Awards showcasing promising startups.

There will also be fireside chats, a fashion show that celebrates sustainability, an Electric Vehicle test track to focus on climate change and an entrepreneur-investor LIVE deal room, all aimed at celebrating entrepreneurship, forging collaborative partnerships, and imagining the future beyond the goals themselves.

Speaking about the West Africa Summit, Arielle Molino, AVP Intellecap and Sankalp Africa Lead said, ‘For over a decade Sankalp in East Africa has demonstrated the ability to drive action and influence outcomes, and now with our 1st Sankalp West Africa Summit 2023 we’re very excited to bring the Summit along with our partners.

We will bring together our expertise across the Global South to build an entrepreneurial ecosystem and to catalyse collaborations to make measurable contribution towards driving a sustainable economic and inclusive agenda for West Africa’.

Vikas Bali, CEO, Intellecap said, ‘As the world chases ambitious Social Development Goals, the Summit shifts the focus on the questions that West Africa collectively desires to address. The summit brings together a confluence of entrepreneurs and businesses, curated conversations and inspired learning, all of which will have a substantial contribution in addressing and answering complex challenges. We are grateful to our partners who joined us for the West Africa summit.’

The summit will witness key partners like Visa Foundation, IDRC, Siemens, AFEX, Energy Catalyst and Miller Center, coming together to help achieve the SDGs , with each of them lending specific perspective and insight.

Flaubert Mbiekop, Senior Programme Officer, Canada’s International Development Research Center said, ‘Building an inclusive and sustainable economy is at the heart of our impactful work in West Africa. Inclusive business, entrepreneurship and Innovation will deliver transformative impact and the Sankalp West Africa Summit is a great opportunity to meet promising impact enterprises and showcase adaptable, sustainable solutions to stimulate conversations, collaborations, innovation and investments. We believe in the power of partnerships to deliver real, inclusive and transformative impact.’

Another key part of the summit is the Sankalp West Africa Awards which aims to recognize and reward high impact enterprises. Five finalists from key impact sectors will pitch their enterprises and to a jury panel comprising of eminent business leaders and three will get the opportunity to highlight their journey of impact at the Summit as they win the prestigious awards for their outstanding ideas.

Sankalp Forum was initiated in India in 2009 by Intellecap, part of the Aavishkaar Group, to create a thriving ecosystem for business-led inclusive developments.

Source: Ghana News Agency

Raising Young Presbyterian Entrepreneurs programme launched

The Presbyterian Church of Ghana (PCG)has launched a Programme for the youth dubbed: ‘Raising Young Presbyterian Entrepreneurs’ (RYPE) in Koforidua, Eastern Region.

The Raising Young Presbyterian Entrepreneurs Project is designed to support the young Presbyterians to explore creative and innovative opportunities to think through, develop and create their own businesses.

It also aimed at reducing the over-reliance on non-existent public sector jobs and opening up new avenues of growth and productivity for the youth.

The project’s target for 2023 is to reach out to a thousand young persons with information and

training on various entrepreneurship processes.

The RYPE application portal was opened for the youth in the Church aged between 15-35 years to apply for capacity-building skills as well as seed funds to promote their entrepreneurial activities.

The Right Reverend Professor Joseph Obiri Yeboah Mante, the Moderator of the General Assembly of the Presbyterian Church, said the Church is focused on fulfilling a holistic mission as commanded by Jesus Christ in the Bible.

He traced the roots of entrepreneurship development to the very beginnings of the Church, where the Basel Mission training curriculum was based on a philosophy of education that targeted the training of the head, heart, and hands.

He said: ‘The head was trained for general knowledge, the heart for the Gospel and the hand for skills development’.

‘This was holistic education that trained the whole being and prepared them to serve as true witnesses

of Jesus Christ to the world,’ he added.

Rt. Rev. Mante said: ‘The beneficiaries of these training regimens, whether adults or children were expected to be Spiritual, Moral, Social, and Environmental/Economic Witnesses’.

He noted that the majority of the Church members were under the age of 30 years, so there was the need to put in measures that would support young persons to maximize their entrepreneurship and explore the opportunities to implement their ideas.

That, he said, formed part of the environmental and economic witnesses of the Church.

‘We want to see our young people setting up viable businesses, creating sustainable jobs, and making a lasting impact in society and the Church as a whole,’ he added.

The Moderator said while they concede that Government alone could not address all those challenges, ‘ l want to submit that if the Church does not seek to address the needs of the teeming

youth, then it is not ready for the future’.

‘It is in light of this that we want to specifically place emphasis on this aspect of our mission and focus on creating more young entrepreneurs,’ he said.

Mrs Rebecca Teiko Sabah, the National Director for Development and Social Services, an NGO umbrella of the Church, stated that the intervention was critical to address and respond to current youth unemployment demands and felt needs.

‘ Last year, the PCG kick-started the process with a Public Lecture that focused on job creation for the youth.

‘ Various speakers and representatives of the Government addressed the forum on the issues at stake. This year, we want to walk the talk and that is the reason we are here today to launch this project,’ she said.

She said already they had started with monthly online webinars and face-to-face Entrepreneurship

Clinics across the country.

Mrs Sabbah said the ultimate target was to support individual young persons to design and develop new businesses and/ or grow existing ones.

The National Entrepreneurship Committee Chairperson of the Church, Dr Alexander Tetteh Nuer, indicated that RYPE was part of their mandate to tackle youth unemployment, which has security implications as well.

The programme has the objective of supporting skills development and innovative entrepreneurship acumen for job creation.

He outlined the components of the programme as assisting the selected youth to establish viable businesses, and their capacity strengthened to create jobs and grow businesses within the Church and Communities.

Others include having access to high-class coaching from experienced Christian business professionals for six months; Start-up capital

awarded to the best projects; up to 200 individual young persons supported to design and develop new and/ or grow existing businesses.

The National President of the Young People’s Guild, Mr Edwin Osei Ahwireng, thanked the Moderator and the leadership of the Church for the great initiative meant to empower the young people in the Church.

He promised to mobilise his group to fully participate in the programme to enhance their livelihood.

Source: Ghana News Agency

Ghana Health Service, HTU condemn publication on HIV incident at Ho Technical University

Dr Senanu Kwesi Djokoto, Acting Volta Regional Director of Health Services has called on the public to disregard a false publication making rounds on social media platforms about an HIV incident in the Ho Technical University (HTU).

He said the Directorate’s attention had been drawn to an online publication by ‘an unverified and unknown news portal ‘ajnewonline.com’ with the headline ‘Hookup Trend Leads to HIV Outbreak at Ho Technical University: Over 400 students suspected positive.’

Dr Djokoto in a press release copied to the Ghana News Agency (GNA) said the publication had subsequently been quoted by various social media actors without any form of due diligence.

He said the publication must be disregarded by the public because it was ‘false and unfounded.’

Dr Djokoto said a review of the HIV testing data in all the health facilities in the Ho Municipality and the rest of the Volta Region do not suggest an increase in recorded HIV cases within any facility or the region.

‘For the avoidance of doubt, the region states emphatically that there has not been a surge of HIV cases in the Ho Technical University or any other tertiary institution in the Volta Region.’

He said the Directorate had over the period successfully implemented several strategies to fight HIV/AIDS, which sought to reduce new infections by 85 percent and eliminate mother-to-child transmission.

Dr Djokoto urged inhabitants to avoid stigmatization and fully lend themselves to the disease awareness campaigns and tailor-made services that met their specific needs to consolidate the gains made in HIV prevention, testing, and treatment.

In a separate development, Dr Christopher K. Amehoe, Registrar, Ho Technical University, said the University’s Health Service had no such information on the University as published.

He advised the public to desist from sharing the false publication since it had the potential of damaging the hard-won image and reputation of the Institution.

Dr Amehoe noted that the Management of the University shall institute legal action against any person sharing the said false publication.

Source: Ghana News Agency

‘Be agents of attitudinal change’ – West Akim NCCE tells students

The West Akim Municipal Office of the National Commission for Civic Education (NCCE) has urged students of first-cycle schools to be agents of attitudinal change.

Mr Daniel Chartey, the Municipal Director, said this during the annual constitutional week celebration of the Commission on the theme: ’30 Years of Consolidating Constitutional Democracy, Building National Cohesion: The Role of the Youth’.

The Municipal Office of the Commission between May 26 and June 2, 2023, engaged 32 basic schools in constitutional matters.

The engagement was to inculcate the spirit of good citizenship in the students.

Mr Chartey urged the students to protect the environment by campaigning against indiscriminate felling of trees, sand winning, pollution of water bodies through illegal mining, and improper disposal of refuse.

He encouraged them to engage their peers and parents on good citizenship and the need to think about Ghana first in all their endeavours.

The beneficiary schools included Asamankese Salvation Army, Presby ‘A’, ‘B’ and ‘C’JHS, Methodist B primary and JHS, Freeman B JHS, Anum MA B JHS, Anum MA C JHS, Dutch Preparatory JHS, and Asamankese.

Mr Chartey spoke about Ghana’s constitutional history and urged the students to uphold the tenets of the constitution to grow the country’s democracy for rapid socio-economic development.

Some teachers, on behalf of the schools, expressed appreciation for the sensitisation and appealed to the Commission to visit them regularly with messages on civic responsibilities to prepare the youth for the future.

Source: Ghana News Agency

2024 Elections: Let’s work harder to better fortunes of NPP in Oti Region

Mr Salam Mustapha, the National Youth Organiser of the New Patriotic Party (NPP), has charged the Party’s youth wing in the Oti Region to work harder to better the fortunes of NPP in the Region in the 2024 general election.

Currently, out of the eight seats in the region, the NPP has none, having lost the only seat they won in 2016 to the National Democratic Congress in 2020.

Addressing the Oti regional youth wing and TESCON conference in Kete-Krachi, Mr Mustapha said the youth must work hard to deliver at least 50 per cent (four) of the parliamentary seats in the region for the Party.

He also charged them to improve the fortunes of the Party in the presidential election by securing 50 per cent of the votes in the 2024 general election.

The conference, organised by the youth wing of the Party in the region, was to train and orient members and energise the base of the Party towards a resounding victory in 2024.

Mr Mustapha said the Oti Region had witnessed massive development since the NPP assumed power in 2017.

He said the number of recently tarred roads in the region indicated that it (Oti) had received its fair share of development and that it must reward the Party by voting for its candidates in the 2024 presidential and parliamentary elections.

‘I am extremely excited about the massive development the Oti region has witnessed under the Akufo-Addo/Bawumia government. It is now time for the good people of the Oti Region, especially the youth, to reward the NPP by voting for us in 2024 to break the 8 and do more for the region,’ he said.

‘The energy, zeal and fire-in-belly we saw on the ground have left us with a reinforced and an indelible belief that victory will be ours in 2024. We are proud elephants. I can state without any fear of contradiction that, indeed, the NPP is on its way to making history as the first party to win elections 3 consecutive times with the support of each and every one of us seated here. We are breaking the 8 by the Grace of God,’ he said.

Mr Mustapha added: ‘I was here about two months ago. Most of the roads were filled with dust. I am here today and almost all have been tarred. This is an indication that only an NPP government can solve our developmental needs for us.

‘We have superior ideas and policy initiatives than NDC. I am not disappointed that Ghanaians are complaining because of the current economic difficulties. It is because they hold us in high esteem.’

Source: Ghana News Agency