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  • World Food Programme Executive Director Cindy McCain Announces Plans to Step Down to Focus on Her Health

    Rome, Italy | Feb 27– Cindy McCain, Executive Director of the United Nations World Food Programme (WFP), informed her global teams and the organization’s Executive Board, that she is planning to step down from her role in three months’ time to focus on her health.

     Executive Director McCain, who suffered a mild stroke in October 2025, returned in early January to the organization’s headquarters in Rome, Italy to resume her duties. She wasted no time assuming the many responsibilities of leading the world’s frontline agency tackling a multitude of hunger crises across the globe, but found the demands of the job were outpacing her recovery.

     “With a heavy heart, I am announcing my intention to step down as the Executive Director of the World Food Programme,” said McCain. “Serving this incredible organization has been the honor of a lifetime.

     “I’ve seen firsthand WFP’s ability to save lives in the most dangerous, destitute, and remote locations of the world, where people need us the most. Time and time again, I have seen the WFP team show up where no one else can, no matter the odds. I had truly hoped I could finish out my term, but my health has not recovered to a level that allows me to fully serve the enormous demands of this job. This is one of the most difficult decisions I have ever had to make. 

     “Over the past three years, we have delivered life-saving and life-changing assistance for millions of the world’s most vulnerable people – and this unwavering commitment will be more important than ever in the years to come. To our donors, partners and our global WFP team: thank you for everything you have done and continue to do. I will remain WFP’s biggest champion and continue to be an unwavering voice for those struggling with hunger everywhere.”

     Executive Director McCain assumed the role of WFP Executive Director on April 5, 2023. During her tenure she has driven several unprecedented changes to reform and scale the organization’s abilities including overhauling its global structure, streamlining its operations and processes, scaling innovative digital technologies, and diversifying its public and private partnership efforts. 

  • HCLTech to drive dialogues on AI-native future of telecom industry at MWC 2026

    NEW YORK and NOIDA, Feb 27: HCLTech will showcase how the next era of telecom, media and technology (TMT) is being built on AI‑native architectures and industry convergence, at Mobile World Congress Barcelona 2026. HCLTech will bring together senior industry leaders, hyperscaler partners, academics and innovators to highlight how intelligence, scale and ecosystem collaboration are powering sustainable AI‑driven growth for the TMT sector.

    Industry leaders from Microsoft, Nokia, Ericsson, AT&T, Verizon, PwC, Bain, Axiata, Singtel, MasOrange, Liberty Latin America and other global organizations will engage in these impactful conversations, focusing on strategic shifts that are enabling AI‑native transformation, autonomous operations, platform-driven experiences and ecosystem-led innovation.

    HCLTech’s presence at MWC will spotlight:

    • Executive panels and CXO conversations: High‑level discussions framing the strategic shifts driving the converged TMT ecosystem—from embedding AI across core operations to unlocking platform‑driven business models and autonomous infrastructure—alongside a flagship roundtable hosted in partnership with GSMA and moderated by Prof. Saikat Chaudhuri, Faculty Director of the Management, Entrepreneurship and Technology (M.E.T.) program at UCBerkeley.
    • Live demonstrations: Hands-on showcases of intelligent networks engineered for zero-failure environments, AI-powered media and digital platforms delivering real-time insights, and automation frameworks such as Agentic fraud management, AI-powered Operations Support Systems (OSS) Solutions for Telco, HCLTech’s GenAI service transformation platform, AI Force, Agentic AI solutions, and AIOps to enhance operational efficiency, and agentic-powered Contact Center as a Service platform for smarter customer engagement.
    • Startup and partner innovation: Emerging companies advancing AI, digital marketplaces and cybersecurity analytics, alongside hyperscaler partnerships and co-innovation initiatives that accelerate transformation at scale.
    • Telecom industry survey on AI priorities: To be revealed following MWC, HCLTech will preview findings from a Mobile World Live survey on AI and technology priorities for telecom organizations, offering real-world insights into how executives are planning investments and strategy in the intelligence era.

    “It’s an exciting moment for the industry as convergence and AI are redefining networks, platforms and business models,” said Anil Ganjoo, Chief Growth Officer and Global Head of Telecom, Media and Technology at HCLTech. “By combining AI, cloud and digital engineering expertise with ecosystem partnerships, we are helping enterprises build resilient, scalable and intelligence-driven systems for sustainable growth.”

    “HCLTech’s leadership at MWC, bringing together enterprise, hyperscaler and academic voices, captures the strategic imperative of AI‑native transformation,” said Prof. Saikat Chaudhuri, Faculty Director of the Management, Entrepreneurship and Technology (M.E.T.) program at UC Berkeley. “Their approach to integrating AI across infrastructure, platforms and ecosystems is empowering sustainable AI‑driven growth for the TMT sector.”

    Attendees can explore these discussions, innovations and insights at Hall 2, Stand 2E19, during MWC Barcelona 2026, March 2-5. For more information, visit: https://www.hcltech.com/events/mwc-barcelona

  • India’s Salaried Class Emerges as the Backbone of Domestic Consumption: GI Group Holding Report

    New Delhi, Feb 27 : GI Group Holding’s latest report, The Rise of Aspirational India: India’s Consumer Durables Sector Evolution, Innovation, and the Road Ahead, reveals how India’s Fast Moving Consumer Durables (FMCD) market is undergoing a fundamental shift—from necessity-led buying to aspiration-driven, smart lifestyle upgrades.

    Driven by rising incomes, rapid technology adoption, and easy access to financing, consumer behaviour is evolving across demographics. The report offers actionable insights for brands, retailers, and policymakers to tap into a market projected to grow at an 11% CAGR, reaching INR 3 lakh crore by 2029. It highlights the emergence of a dual consumer mindset—one that balances value-for-money pragmatism with a growing appetite for premium, feature-rich products within smaller, smarter, and more selective households.

    The findings show a clear change in purchase priorities. Indian consumers are increasingly valuing performance over price, with product features (68%) ranking as the top decision driver, followed by reviews (61%), price (59%), and warranty (55%). While 73% of buyers continue to opt for value-for-money choices, nearly 70% are willing to invest in mid-tier or premium products when performance justifies the spend—underscoring the coexistence of aspiration and practicality in a dual price-point market.

    A defining trend highlighted in the report is the rise of a younger, upgrade-oriented consumer. Young professionals account for 37% of FMCD sales and nearly 45% of financed purchases, reflecting how access to credit is expanding demand for advanced and premium durables. Financing plays a pivotal role among younger cohorts, with 74% of Gen Z consumers using EMIs or Buy Now, Pay Later options—signalling a structural shift in how durables are researched, selected, and funded.

    Brand loyalty is also becoming increasingly fluid as replacement cycles shorten. The report notes that 46% of consumers replace durables every two to three years, while 63% often switch brands during upgrades. As a result, buying experience, post-purchase support, and service reliability are emerging as critical differentiators in a market where upgrade intent remains consistently high.

    Commenting on the findings, Sonal Arora, Country Manager, GI Group Holding, said: 

    “This paper explores the subtleties of the FMCD landscape in light of India’s rising consumer ambitions, providing crucial insights for business leaders, brands, and legislators. From FMCD 3.0’s connected smart homes and credit-driven access to transient brand loyalty, short replacement cycles, and the gap between pragmatic and premium customers, it highlights disruptive patterns expected to change consumer durables. These findings highlight the necessity of personnel training, immersive retail experiences, excellent post-purchase assistance, and further expansion through PLI programs. Businesses that adjust to these shifts can create flexible, creative, and customer-focused strategies to satisfy the needs of India’s growing middle class.”

    The findings make it clear: the future of FMCD isn’t one-size-fits-all. Brands that embrace smart ecosystems, finance partnerships, experiential selling, and multigenerational needs from Gen Z’s digital-first buys to Conventionalists’ reliability focus will be best positioned to lead in an evolving consumer landscape. By celebrating diversity in preferences, city profiles, and lifestyle upgrades, organizations can unlock the full potential of India’s aspirational boom and thrive in the years to come.

  • Swaranjali Delhi Presents Baithaki 2026

    Raaga & Raasa of Indian Classical Music

    In collaboration with Eternal Oasis Gurugram

    Gurugram, Haryana | Feb 27 – Swaranjali Delhi, dedicated to the promotion and preservation of Indian classical music, proudly presents Baithaki 2026 – Raaga & Raasa of Indian Classical Music, an evocative evening celebrating the depth, devotion, and dynamism of India’s timeless musical heritage. The event is being organized in collaboration with Eternal Oasis Gurugram, a distinguished Centre for Art, Culture, and Spirituality.

    Event Details:

    Date: Saturday, 21st March 2026

    Time: 5:30 PM onwards

    Venue: Anandam | 1st Floor, Eternal Oasis

    Sector 42, Gurugram, Haryana – 122002

    Baithaki 2026 promises an immersive classical music experience in an intimate baithak-style setting, where audiences can connect deeply with the raagas, emotions (raasa), and spiritual essence of Indian classical traditions.

    Featured Artists:

    • Master Arjun Ahluwalia – Sitar
    • Smt. Sonali Natta – Vocal
    • Dr. Rama Sundar Ranganathan – Vocal
    • Shri Subrata De – Sitar

    Accompanying Artists:

    • Shri Jitendra Swain
    • Pt. Siddhartha Chatterjee
    • Shri Mukesh Bharadwaj

    The evening will showcase a rich blend of instrumental and vocal renditions, offering audiences a soulful journey through classical compositions rooted in tradition yet resonating with contemporary sensibilities. Each performance is thoughtfully curated to highlight the intricate beauty of raaga expression and the emotive power of Indian classical music.

    Eternal Oasis Gurugram, known for nurturing artistic and spiritual dialogue, provides the perfect ambiance for this gathering — creating a serene environment where music becomes meditation and performance transforms into shared experience.

    Baithaki 2026 aims not only to present exceptional artistry but also to foster appreciation for India’s classical heritage among diverse audiences, including young rasikas and seasoned connoisseurs. Through such initiatives, Swaranjali Delhi continues its mission to create meaningful platforms for artists while strengthening the cultural fabric of society.

    Music lovers, patrons of the arts, and members of the community are warmly invited to be part of this enchanting evening celebrating the Raaga and Raasa of Indian Classical Music.

    RSVP & Contact:

    Swaranjali Delhi

    Website: www.swaranjali.org

    Eternal Oasis Gurugram

    Website: www.eternaloasis.org

    Contact: +91-9910300319

    Be a part of this unforgettable celebration of melody, devotion, and artistic excellence on 21st March 2026 at Anandam, Eternal Oasis, Gurugram

  • The House of Abhinandan Lodha signs Kartik Aaryan as Brand Ambassador for ‘Nagpur Marina’

    Mumbai, Feb 27: The House of Abhinandan Lodha (HoABL), India’s largest branded land developer, announced Bollywood actor Kartik Aaryan as the face of HoABL Nagpur Marina, its marquee waterfront plotted development in Nagpur.

    Kartik Aaryan’s relationship with HoABL began as an investor, with his purchase of a 2000 sq ft plot at the Sol-de-Alibaug project. This trust-led relationship has now naturally evolved into Kartik endorsing Nagpur Marina based on his conviction in HoABL’s transparency in processes, proven track-record in quality and timelines, consumer-centricity, and long-term vision.

    I am excited to be associated with HoABL as the brand ambassador for its prestigious project – Nagpur Marina. Land is the most enduring form of legacy, and HoABL approaches it with transparency and convenience. What drew me to the brand was its clarity of vision, disciplined execution, and a seamless digital experience, especially for someone like me who is constantly on the move”, said Kartik Aaryan.

    Nagpur Marina is an exclusive waterfront plotted development in South Nagpur, envisioned as an international lifestyle enclave. Spanning a 78-acre branded land development, the project is anchored by a 2.91-acre man-made sea and beach at its core, complimented by a 28,000 sq.ft. Grand Marina Clubhouse and thoughtfully curated range of lifestyle amenities.

    Designed as a limited, destination-grade address for long-horizon investors, Nagpur Marina’s scale, scarcity, and legacy value have already attracted strong HNI participation, with over 350 families from more than 10 countries investing in the project.

    Samujjwal Ghosh, Chief Executive Officer, The House of Abhinandan Lodha said, “Kartik’s association with us began as an investment decision, which is the strongest vote of confidence any brand can earn. His decision to now be the face of Nagpur Marina reflects the values we focus on every day – trust, transparency, and building assets designed to endure. Waterfront-led and thoughtfully planned, Nagpur Marina is a unique address, and we are excited to have Kartik represent that story.”

    Strategically located next to the Samruddhi Expressway and the New Nagpur IBFC, Nagpur Marina offers a rare opportunity to own plotted land in Nagpur, designed for discerning, long-term investors.

  • Sinch expands its platform with agentic conversations for AI-powered customer engagement

    Stockholm, Sweden, Feb 26 – Sinch (publ) today announced agentic conversations, a new set of capabilities designed to operationalize AI agents across global communication channels, enabling enterprises to deploy intelligent agents across messaging, voice, and email at scale.

    As generative AI and conversational channels like voice, RCS and messaging apps become central to customer engagement, enterprises are shifting toward agent-driven models. To scale, AI agents must do more than converse. They need secure integration with enterprise systems to execute actions across channels.

    With agentic conversations, Sinch simplifies this transition by providing a flexible, secure and open platform that enables businesses to operationalize AI agents at their own pace and according to their technical maturity. Customers are not locked into a single agent model, proprietary data layer, or closed ecosystem. Whether they choose to build their own solutions, use Sinch’s AI capabilities, bring their own agents, or integrate through Sinch’s ecosystem of partners, Sinch provides the infrastructure and orchestration required to support deployment at scale, built on Sinch’s global messaging, voice, and email APIs.

    “Our philosophy is simple: enterprises should be free to build with us or bring their own AI,” said Daniel Morris, Chief Product Officer at Sinch. “We do not believe in locking customers into a single agent model, proprietary data layer, or closed ecosystem. Whether businesses use Sinch’s AI capabilities, deploy their own agents, or work with trusted partners, we provide the communications and orchestration infrastructure that makes those agents operational across messaging, email, and voice.”

    Agentic conversations is a suite of capabilities, including Sinch Agent Builder, developer and agent tools such as Sinch Functions and Sinch Skills, as well as a broad set of integrations, designed to help enterprises build, deploy and manage AI agents across channels. The transition toward agent-driven engagement is expected to drive substantial growth in conversational traffic across messaging, voice and email. Managing this increase in volume, while maintaining trust, reliability and compliance, will require infrastructure purpose-built for scale.

    “Unlike standalone AI agent frameworks, Sinch provides the trusted communications layer that agents depend on to operate reliably across channels and markets. Sinch has long experience in carrier-grade routing, global number provisioning, regulatory compliance, identity verification, branded calling, deliverability optimization and fraud protection. That experience ensures agent-driven communications are secure, scalable, and ready for real-world deployment.” Daniel Morris said.

    As AI agents take on a more active role in customer engagement, enterprises are redefining how they manage trust, relevance, and conversational scale across channels. The next phase of customer communications will be shaped not only by smarter AI, but by the infrastructure that provides agents with the context, data access and intelligence needed to operate securely, reliably, and at volume. With agentic conversations, Sinch positions itself at the center of that shift.

  • Oriflame India Collaborates with Karishma Tanna for Its Iconic, Premium NovAge+ Range and Supreme Tribute Ezzénza

    Mumbai, Feb 26: As Indian consumers increasingly gravitate towards premium, performance-led beauty solutions backed by credibility and consistency, Oriflame, the Swedish holistic beauty and wellbeing brand, has announced actor Karishma Tanna as the face of its NovAge+ advanced skincare range and Supreme Tribute Ezzénza fragrance. The association underscores Oriflame’s focus on strengthening its premium skincare and fragrance portfolio in India.

    Oriflame India Collaborates with Karishma Tanna for Its Iconic, Premium NovAge+ Range and Supreme Tribute Ezzénza

     

    Developed at Oriflame’s Skin Research Institute in Sweden, NovAge+ is built on a portfolio of patented skin technologies that address multiple signs of ageing. These include Bio Aspartolift, designed to support collagen and elastin production to improve firmness; Oripeptide-3, a natural origin peptide technology that helps reduce fine lines and wrinkles; Bio Lumilock, which works on uneven skin tone and pigmentation; and Bio Re:Barrier, developed to strengthen the skin’s moisture barrier. Clinical testing on the NovAge+ range shows visible improvements in skin smoothness, radiance, and firmness within two weeks of consistent use, while supporting long-term skin resilience over time.

    The NovAge+ range is designed as a four-step skincare routine including cleanse, eye care, targeted boosters, and moisturisation, complemented by intensive treatment capsules and rejuvenating masks, allowing the patented technologies to work in synergy across skin concerns such as firmness, radiance, wrinkles, and barrier repair.

    Alongside skincare, Supreme Tribute Ezzénza represents Oriflame’s premium fragrance offering. Crafted as a long-lasting parfum with an elegant ambery-floral profile, the fragrance is positioned as an expression of sophistication and confidence, reinforcing Oriflame’s sensorial storytelling within the premium fragrance category.

    Actress Karishma Tanna, known for her work across television and digital entertainment and winner of the Bigg Boss 8 title, brings contemporary relevance and credibility to the collaboration. Her association reflects Oriflame’s intent to connect with consumers who value authenticity, consistency, and a balanced approach to beauty and self-care.

    Commenting on the collaboration, Abhishek Chakraborty, Head of Brand Communication, Digital, and PR, Oriflame India, said,

     “Skincare and wellness continues to be a strategic focus for Oriflame, particularly in the premium segment where consumers are seeking solutions that are both effective and thoughtfully formulated. NovAge+ represents our strongest science-led skincare credentials, while Supreme Tribute Ezzénza reflects the sensorial side of our portfolio. Karishma’s association brings credibility and modern relevance to these ranges, aligning well with our long-term vision for the brand in India”

    Sharing her perspective, Karishma Tanna said

    “I have always believed that skincare is about consistency and choosing products that work with your skin over time. NovAge+ fits naturally into my routine because it is rooted in research and designed for long-term skin health. Supreme Tribute Ezzénza complements that experience, offering a sense of quiet confidence and personal expression. Oriflame’s approach to beauty resonates with how I view self-care today.”

    The NovAge+ skincare range is anchored by its complete routine sets, priced at INR 13,500, designed as a comprehensive regimen delivering targeted results across key skin concerns, while Supreme Tribute Ezzénza is priced at INR 3,419. Both are available on in.oriflame.com, and through Oriflame’s network of brand partners.

    Through this collaboration, Oriflame continues to strengthen its premium skincare and fragrance narrative in India, balancing science-led innovation with sensorial appeal while responding to evolving consumer expectations around trust, efficacy, and elevated beauty experiences

  • Mumbai’s Real Estate Micro-Markets Set to Shine in 2026: Infrastructure and Lifestyle Drive Investor Interest

    Mumbai, Feb 26: As Mumbai’s real estate landscape continues to evolve, 2026 is shaping up as a pivotal year for property investors, with infrastructure-led growth, enhanced connectivity, and lifestyle-oriented developments driving demand across key micro-markets. From emerging plotted destinations to established luxury corridors, several locations are emerging as strong investment bets for the year ahead.

    Key Micro-Markets to Watch in 2026:

    • Chembur: The Next Commercial and Luxury Hub
      Chembur is rapidly transforming into a premium commercial and mixed-use corridor. Experts note that its strategic connectivity via the Eastern Express Highway, Eastern Freeway, Navi Mumbai, and MTHL is attracting corporate and residential interest. Luxury developments, particularly golf-course-facing residences, are gaining traction, offering unobstructed green views and strong long-term value.

    • Mulund: Accessibility and Infrastructure Driving Growth
      Mulund’s appeal is being redefined by improved east–west accessibility, with projects like GMLR One and upcoming metro connectivity enhancing connectivity to Thane, Navi Mumbai, and the Eastern Express Highway. The micro-market is emerging as a high-potential growth corridor for both end-users and investors.

    • Panvel: Infrastructure-Led Investment Opportunities
      Panvel has evolved into a self-sustained urban destination. Large-scale projects including MTHL, Navi Mumbai International Airport, and Metro Line 8 are driving growth, while integrated townships with expansive green spaces, scenic hill views, and lifestyle amenities are attracting long-term investors.

    • Karjat: Nature-Centric Plotted Developments
      Karjat is gaining prominence as a lifestyle-led investment destination, with increasing demand for plotted developments offering low-density living and ownership flexibility. Improved road and rail connectivity, combined with lush green surroundings, is positioning Karjat as a high-value investment option on Mumbai’s periphery.

    • Malad: Luxury Living with Seamless Connectivity
      Malad continues to be a preferred luxury residential destination, balancing premium living with easy access to the Western Express Highway, metro network, and both domestic and international airports. Strong demand from end-users and investors is driving growth in this micro-market.

    • Goregaon: Mature Luxury Residential Hub
      Goregaon has consolidated its position as a premium residential market, supported by metro connectivity, proximity to key highways, and upcoming infrastructure such as the coastal road. Limited land availability and rising demand for high-quality developments make it an attractive option for capital appreciation and rental yield.

    Outlook for 2026
    With infrastructure as the primary growth catalyst and buyers increasingly valuing quality, connectivity, and lifestyle features, these micro-markets are poised to deliver strong returns. For investors aiming to capitalize on Mumbai’s next phase of real estate growth, Chembur, Mulund, Panvel, Karjat, Malad, and Goregaon present compelling opportunities combining stability, lifestyle appeal, and long-term value creation.

  • Toray Develops Bio-Based Polyamide 4 Production Technology for Cosmetics Microparticle Market

    Tokyo, Japan, Feb 26 – Toray Industries, Inc., announced that it has developed a proprietary technology to produce bio-based 2-pyrrolidone, a raw material in its polyamide 4, which delivers excellent biodegradability (see note 1) in marine and other environments and helps address microplastic issues. The company will use this technology to verify the scale-up of bio-based polyamide 4, with a view to offering it by the fiscal year ending March 2029, mainly for microparticles in foundation, eyeshadow, and other cosmetics.

     

    In recent years, ocean discharges of microplastics (note 2) from cosmetics and facial cleansers have become a key environmental issue, prompting various countries (note 3) to restrict their use. Toray set about developing and launching polyamide 4 in response to this situation.

    The conventional feedstock for 2-pyrrolidone, the raw material in polyamide 4, is petroleum-based. Toray embarked on R&D into synthesis approaches with sugars and other biomass sources, resulting in its bio-based version. The sizes and shapes of polyamide 4 microparticles from polymerizing and processing 2-pyrrolidone with this technique are comparable to those of conventional offerings. This bio-based feedstock conversion does not affect end products.

     It is also worth noting that reactions are milder than those of regular petrochemical processes. Toray’s breakthrough should help lower carbon dioxide emissions across the value chain, from raw materials through polyamide 4 microparticle production.

    The applications of 2-pyrrolidone made with Toray’s technology extend well beyond polyamide 4. It is also a feedstock for N-methylpyrrolidone, used extensively in manufacturing semiconductor materials and engineering plastics (note 4), and for N- vinylpyrrolidone (note 6), a monomer for high-performance polymers in pharmaceuticals and other applications. This opens the door to bio-based production across diverse materials supporting next-generation industries.

    Toray is pushing ahead with initiatives to transition to a circular economy and conserve natural resources as part of its sustainability efforts. The company will accordingly keep pursuing R&D in keeping with its commitment to delivering new value and contributing to social progress.

     Results from the Ministry of Environment-funded Projects to Promote the Construction of Decarbonized Circular Economy Systems (FY2023 and FY2024) contributed to Toray’s technological breakthrough.

    Notes

    1.  With biodegradation, bacteria, fungi, and other microorganisms break down organic compounds into simpler inorganic substances, including water and carbon dioxide. Biodegradation is generally slower in the sea, where microorganisms are less abundant than in the soil.

    2.  Microplastic particles are smaller than 5 mm. They include primary microplastic microbeads in products like facial cleansers and secondary microplastic fragments from the degradation and fragmentation of items like plastic bottles and shopping bags owing to ultraviolet radiation and waves. There are concerns about the adverse effects of microplastics on ecosystems and human health across the food chain.

    3.  Strengthening of Microplastic Regulations Worldwide

    Europe amended its Registration, Evaluation, Authorization and Restriction of Chemicals regulation in 2023 to prohibit the use of cosmetics and other products intentionally incorporating microplastics after a transition of six to 12 years. The regulation exempts plastics meeting specific biodegradability test standards. Toray’s polyamide 4 microparticles meet the OECD 301F ready biodegradability standard and are thus not subject to this regulation.

    4.  Engineering plastics offer high mechanical strength and heat resistance. Their light weight and high performance make them common substitutes for metals, including in automotive parts.

    5.  N-methylpyrrolidone is a liquid compound in which a methyl group replaces the hydrogen on the nitrogen atom of 2-pyrrolidone. It has a high boiling point, excellent chemical stability, and strong solvency for diverse compounds, and is a common cleaning agent, paint stripper, and solvent.

    6.  N-vinylpyrrolidone is a liquid compound in which a vinyl group replaces the hydrogen on the nitrogen atom of 2-pyrrolidone. Polymerization from the vinyl group yields polyvinylpyrrolidone. It serves as a thickener in cosmetics, a binder in pharmaceutical tablets, and a clarifying agent in alcoholic beverages.

  • Africa, Venezuela Advance Practical Trade and Investment Cooperation

    Venezuela Advance Practical Trade and Investment CooperationThe African Energy Chamber’s delegation to Caracas advanced cooperation with Venezuelan authorities on expanding trade beyond energy, addressing regulatory bottlenecks and promoting reciprocal investment across the Global South

    CARACAS, Venezuela, Feb 26:A high-level working visit to Caracas by the African Energy Chamber (AEC) (https://EnergyChamber.org) this February marked a significant step in strengthening Africa–Venezuela cooperation, moving engagement beyond hydrocarbons toward broader South–South trade and investment opportunities. The discussions focused on removing longstanding transactional bottlenecks and boosting bilateral trade in goods, services and industrial collaboration.

    Leading discussions with Coromoto Godoy Calderón, Minister of Foreign Trade of the Bolivarian Republic of Venezuela, the AEC delegation explored strategies to expand African markets for Venezuelan goods while facilitating reciprocal African investment in Venezuela. The visit emphasized creating a comprehensive framework for trade that extends beyond oil and gas, promoting manufactured goods, services and skills exchange.

    “Together with the Minister, we discussed opening up African markets on a Global South–South strategy,” said NJ Ayuk, Executive Chairman of the AEC. “A priority is working on Venezuelan goods in Africa – not just energy. We are committed to removing bottlenecks, improving regulations and building a framework that accelerates trade and development between our regions.”

    The visit also addressed potential alignment with the African Continental Free Trade Area, signaling new pathways for Venezuelan products to access African markets under continental trade frameworks. This reflects a growing interest in integrated commercial engagement that leverages shared resources and strengthens economic ties between African nations and Venezuela.

    Institutional cooperation was another key focus. The AEC and Venezuelan authorities agreed on the importance of sharing best practices to position Venezuela as an attractive partner for African investors. Programs are being developed to promote Venezuelan products in African markets while encouraging investment in Venezuela’s broader non-oil economy.

    Financial collaboration is central to this strategy. The delegation met with the Venezuelan Export–Import Bank to explore partnerships with African regional development banks and export finance institutions. These initiatives aim to facilitate trade finance, streamline payments and reduce transaction risks, providing a clearer, bankable framework for industrial and commercial projects.

    Both sides pledged to showcase Venezuela in key African trade platforms, including the Intra-African Trade Fair organized by Afreximbank, and African Energy Week 2026, where Venezuelan products and expertise can be highlighted. Capacity-building workshops are planned to strengthen skills and technical exchange, reinforcing long-term trade and industrial collaboration.

    The working visit marks a shift from energy-centered engagement to a broader, market-oriented partnership. By addressing regulatory challenges, expanding institutional cooperation and promoting trade-enabling frameworks, Africa and Venezuela are laying the foundations for reciprocal investment, industrial growth and deeper integration across the Global South.

    “Our focus is on enabling trade that drives development. By working together to break down bottlenecks and expand commercial exchange, we are helping to shape a future in which African and Venezuelan economies grow stronger through partnership – not just in energy, but across the full spectrum of goods, services and investment,” Ayuk added.