Zoom Announces $100 Million Zoom Apps Fund

New Venture Fund to Stimulate Innovation in the Zoom Apps Ecosystem SAN JOSE, Calif., April 19, 2021 (GLOBE NEWSWIRE) — Zoom Video Communications, Inc. (NASDAQ: ZM) today announced the Zoom Apps Fund, a new $100 million venture fund created to stimulate growth of Zoom’s ecosystem of Zoom Apps, integrations, developer platform, and hardware. Portfolio companies will […]

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Covid-19 pandemic impetus for greater regional integration, African countries told at presentation of regional integration index report

As countries rebuild their economies following COVID-19, Africa needs to step up productive and infrastructural integration, participants heard at a regional presentation of the African Regional Integration Index (ARII) held virtually last week. The index, a joint publication of the Economic Commission for Africa, the African Development Bank and the African Union Commission, provides up-to-date data on the status of regional integration in Africa and assesses the level of integration for every regional economic community and its member countries. The Index report underlines the need for a renewed commitment to…

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COVID-19 deprives families of nutritious meals

“I stopped my petty trading due to the inflation of the price of goods due to COVID-19, and now I am a housewife with a sick husband and no means of survival,” says Fatou. The 51-year-old, lives with her husband and their 10 children in Banjul, the capital of Gambia, a country of 2.1 million people. Conflict, economic downturn, and soaring food prices have led to the highest levels of food insecurity in West and Central Africa since 2014. More than 31 million people will not have sufficient food to…

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Somalia President Calls for African Union Mediation

WASHINGTON – Somali President Mohamed Abdullahi Mohamed said he was willing to negotiate with stakeholders in Somalia’s political crisis in order to find a solution. Mohamed, known by his nickname Farmaajo, made the announcement Sunday night during an unannounced visit to Kinshasa, the capital of the Democratic Republic of Congo, where he met with President Felix Tshisekedi, the current chair of the African Union (AU). Through his Ministry of Foreign Affairs, Farmaajo said the federal government of Somalia welcomes the AU to facilitate the talks. “With regards to #Somalia’s efforts…

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