News & Events
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Australia to offer residency to hundreds from Tuvalu, nation at high risk from climate change
Australia to enter into a significant treaty with Tuvalu, offering citizens of the climate-threatened nation the opportunity to build lives in Australia. The announcement was made by Prime Minister Anthony Albanese during a meeting with Tuvalu Prime Minister Kausea Natano in the Cook Islands. The treaty, named the Falepili Union, will allow Australia to welcome 280 Tuvaluans annually, granting them access to a special visa. The agreement encompasses various elements, including climate mitigation and adaptation, a migration pathway, and security.
Visit here for more: https://www.sbs.com.au/news/article/australia-to-offer-residency-to-hundreds-from-tuvalu-nation-at-high-risk-from-climate-change/vhrbu93wy
ISRO signs MoU with MRIC to construct Mauritius’s EO satellite
The Indian Space Research Organisation (ISRO) has entered into a Memorandum of Understanding (MoU) with the Mauritius Research and Innovation Council (MRIC) to collaboratively design, assemble, integrate, test, launch, and operate an Earth Observation satellite for Mauritius. The 15-month partnership, detailed in the MoU, outlines specific procedures and the roles and responsibilities of each party. Under the agreement, ISRO and MRIC will conduct joint in-orbit operations using MRIC’s ground station upon project completion.
Read the original article here: https://africanews.space/isro-signs-mou-with-mric-to-construct-mauritiuss-eo-satellite/
Pakistan’s first local currency venture capital fund launched
Pakistan is launching its inaugural local currency venture capital fund to bolster the nation’s tech sector and support startups. Lahore-based Sai Venture Capital Private is leading this effort, intending to secure $10 million primarily from local investors. The fund has already invested in enterprises serving developed markets and startups in key sectors such as health, agriculture, and education.
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