OkaVate Inc. & Global Organization for Economic Development Fund Association (GOEDFA) 11-22-2024 08:28 PM CET | Associations & Organizations Press release from: ABNewswire Revolutionizing Water and Power Solutions for a Sustainable Future Image: https://www.abnewswire.com/uploads/f9ab6a9ff86c6bbc7665f44ac0621fd2.png Mission Statement: OkaVate Inc., in collaboration with the Global Organization for Economic Development Fund Association (GOEDFA) [ https://goedfa.org/ ], is committed to empowering humanity through innovative solutions that harness the natural power of water to address global challenges such as water scarcity and clean energy generation. Together, we strive to ensure that every individual has access to clean, abundant water and sustainable energy, while reducing environmental footprints and accelerating the transition to renewable energy. Key Technologies & Solutions 1. Atmospheric Water Generation (AWG) OkaVate's Atmospheric Water Generators (AWGs) extract clean, potable water directly from the air using cutting-edge condensation and filtration technologies. These solutions are critical in regions experiencing water scarcity or unreliable water sources. Key Features: * Decentralized Water Production: Provides fresh water on-site, reducing dependency on external sources. * Efficient Filtration: Multi-stage filtration ensures safe, drinkable water. * Sustainability Focus: Powered by renewable energy sources, reducing reliance on traditional water infrastructure. * Modular Design: Scalable solutions for individual use, as well as large-scale deployments in communities, industries, and municipalities. 2. Water and Power Technologies OkaVate oers an extensive range of technologies designed to optimize water usage and power generation while ensuring sustainability. Technologies Include: * Smart Water Management Platforms: AI-driven systems for real-time monitoring, management, and optimization of water resources. * Water Purification Systems: Advanced filtration systems for turning contaminated water into safe, drinkable water * Renewable Energy Solutions: Integration of solar, wind, and hybrid energy systems to power water solutions. * Energy Storage Systems: Ensures reliable power supply, particularly for remote or o-grid water generation units. 3. Artificial Intelligence, Scanning Technologies, and Robotics AI, scanning, and robotics technologies are incorporated into OkaVate's solutions to enhance operational efficiency and precision. * AI Algorithms: Predictive maintenance, resource allocation, and leak detection powered by machine learning. * Scanning and IoT Sensors: Continuous monitoring of water quality and system health to quickly identify leaks, contamination, or system failures. * Robotics: Automated inspection, maintenance, and data collection, improving safety, precision, and efficiency. 4. Environmental Sustainability and Social Impact Both OkaVate and GOEDFA are committed to reducing the environmental impact of water and energy production and improving the livelihoods of communities. * Eco-friendly Manufacturing: Use of sustainable materials and energy-efficient processes throughout production. * Carbon Reduction: Minimizing environmental impact through renewable energy solutions and water-saving technologies. * Community Engagement: GOEDFA and OkaVate collaborate with local organizations to ensure clean water and energy access for underserved populations. Global Organization for Economic Development Fund Association (GOEDFA) The Global Organization for Economic Development Fund Association (GOEDFA) plays a crucial role in supporting OkaVate's mission. GOEDFA is a global organization focused on promoting sustainable development through investments in renewable energy, water infrastructure, and clean technologies. Their financial backing and expertise enable OkaVate to scale innovative solutions and deliver them to regions most in need. GOEDFA's Contributions Include: * Funding & Investment: GOEDFA provides critical financial support to scale OkaVate's technologies and implement large- scale solutions. * Global Partnerships: GOEDFA facilitates collaborations between governments, NGOs, private entities, and communities to roll out water and energy projects worldwide. * Research & Development Support: GOEDFA funds R&D initiatives to drive technological advancements, ensuring OkaVate remains at the forefront of innovation. Key Leadership: * Ambassador Michael Sheffield, GOEDFA: As a key ambassador for GOEDFA, Ambassador Sheffield works to build strategic partnerships and global awareness around GOEDFA's mission of sustainable development, focusing on areas that need access to clean water, renewable energy, and technology. * Minister of Foreign Aairs for GOEDFA: Responsible for managing international relations and fostering diplomatic ties that allow GOEDFA to collaborate with governments, NGOs, and global organizations to implement large-scale sustainable development projects around the world. * Ph.D. Alberto Flores Hernandez: Ph.D. Hernandez is leading the charge in Africa, where he is focused on providing sustainable solutions for fresh drinking water and energy resources. Under his leadership, GOEDFA is working on comprehensive projects to tackle the continent's water scarcity challenges, enabling millions of Africans to access clean water and renewable energy solutions. Together, OkaVate and GOEDFA, with their leadership and technological expertise, are bringing transformative solutions to regions in need, particularly Africa, where water scarcity and energy access are critical challenges. Market Opportunities The growing global demand for clean water and renewable energy solutions presents a significant market opportunity for OkaVate and GOEDFA. The intersection of water scarcity, environmental concerns, and the global push for clean energy makes this the ideal time to scale OkaVate's solutions. Target Markets: * Municipalities: Supplying clean water and renewable energy to cities and towns, particularly those with unreliable water infrastructure. * Agriculture: Oering sustainable water and energy solutions to support agricultural productivity in drought-prone areas. * Industries: Providing efficient water management and renewable energy systems to industries with high water and energy demands. * Residential: Delivering cost-eective, self-sustaining water and energy systems to homes and small businesses. * Global Aid Organizations: Partnering with NGOs and international organizations to deploy water and energy solutions in underserved regions. Conclusion Through the combined eorts of OkaVate Inc., the Global Organization for Economic Development Fund Association (GOEDFA), and inuential leaders like Ambassador Michael Sheffield, Minister of Foreign Aairs for GOEDFA, and Ph.D. Alberto Flores Hernandez, we are leading a global initiative to address critical water and energy challenges. By deploying state-of-the-art Atmospheric Water Generators (AWGs), renewable energy solutions, and AI-powered systems, we are providing scalable, sustainable solutions that will improve access to clean water and energy for millions. Together, we are shaping a more sustainable, equitable world where access to clean water and renewable energy is not just a privilege, but a reality for all. For further updates on the development of Nibiru Smart City, please visit [GOEDFA.org [ http://goedfa.org ]] or contact [Goedfa2022@gmail.com]. Global Economic Development Fund Association United Nations Civil Society Number 690758 No 10 Anum Yemoh Street. East Legon Accra Ghana Accra Ghana Office Phone: +233-0599-495897 Email: headquarters@goedfa.org [mailto:headquarters@goedfa.org] Global Economic Development Fund Association United Nations Civil Society Number 690758 2232 Dell Range Blvd Suite 245 Cheyenne, WY 82009 United states Office Phone: +1-678-271-8451 headquarters@goedfa.org [mailto:headquarters@goedfa.org] Media Contact Company Name: Global economic development fund association Contact Person: Ambassador MICHAEL SHEFFIELD Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=okavate-inc-global-organization-for-economic-development-fund-association-goedfa ] City: Accra Country: Ghana Website: https://goedfa.org/ This release was published on openPR.
Rumble Announces Bitcoin Treasury StrategySAN FRANCISCO , Dec. 19, 2024 /CNW/ -- Carlsquare announced its role as exclusive financial advisor to Boomi, the intelligent integration and automation leader jointly owned by Francisco Partners and TPG, on its acquisition of Rivery, an advanced data integration provider offering cutting-edge Change Data Capture (CDC) for real-time, efficient data movement. Founded with a mission to streamline data management, Rivery enables organizations to deploy data pipelines efficiently by utilizing ELT capabilities. With its innovative solutions, Rivery has established itself as a leader in simplifying data management through real-time data integration and advanced CDC technology. The acquisition represents a significant milestone for Boomi as it accelerates its vision to simplify data management, allowing customers to consolidate on fewer vendors and address evolving data management needs in the age of data-driven decision-making and AI. "This acquisition marks an important milestone for Boomi as we expand our platform to address the evolving data management needs of businesses in the age of data-driven decision-making and AI. Carlsquare's expertise and dedication through the entire process was a critical success element. Their deep understanding of the automation and data sectors enabled them to be true champions of our success," said Steve Lucas , Chairman and CEO of Boomi. Susan Blanco , Managing Partner at Carlsquare, added, "Boomi's acquisition of Rivery underscores the growing importance of advanced data integration solutions. We are proud to have delivered an exceptional outcome for Boomi and its stakeholders as they continue to lead in the intelligent integration and automation space." About Boomi: Boomi is the intelligent integration and automation leader, helping organizations around the world streamline critical processes to achieve business outcomes faster. The Boomi Enterprise Platform harnesses advanced AI capabilities to seamlessly connect systems and manage data flows with API management, integration, data management, and AI orchestration in one comprehensive solution. For more information, visit www.boomi.com . About Carlsquare: Carlsquare is a global technology investment bank with over 20 years of experience advising companies and their shareholders on M&A, capital markets, and strategic matters. With 170+ bankers across 8 countries, Carlsquare provides unparalleled access to investors, private equity partners, and strategic buyers. For more information, visit www.carlsquare.com . View original content to download multimedia: https://www.prnewswire.com/news-releases/carlsquare-advises-boomi-on-acquisition-of-data-integration-provider-rivery-302336746.html SOURCE Carlsquare, LLCClubs from across the football pyramid are “alarmed” by the lack of consultation on legislation which could “fundamentally affect the future of English football”, West Ham vice-chairwoman Karren Brady has said. The Apprentice star also argued that a lack of clarity from the Government on the ownership test is causing “significant uncertainty” for potential investors. This came as the House of Lords continued its scrutiny of the Football Governance Bill, which seeks to establish an independent regulator for the top five tiers of the men’s game. In the upper chamber, Baroness Brady said: “We are creating legislation which will profoundly affect 160 quite unique institutions, from Premier League clubs through to the National League community clubs, but it is important for everyone to understand that the consultation with these affected businesses by the current Government has been remarkably limited, almost unbelievably so. “Just seven Premier League clubs, I was one of them, was granted a brief half-hour meeting with the Secretary of State over the summer. “And following this cursory engagement, significant decisions were made that could fundamentally affect the future of English football, most notably with the inclusion of parachute payments within the backstop mechanism. “This is particularly concerning given that fundamental issues still remained unresolved, we still lack any clarity on Uefa’s position on state interference, for example, this clearly creates profound uncertainty for clubs competing in or aspiring to European competition, as well as our national teams.” “We don’t know what the ownership test will look like, this causes significant uncertainty for potential investors as to whether they are able to own a club,” she added. Lady Brady continued: “I have spoken to many of my colleagues across all of the football pyramid, we are all alarmed about and puzzled by the lack of discussion on the Bill with ministers. “Would the minister agree that we all want to get the detail of this Bill right? And can she see any downsides to providing meaningful opportunities to hear from all clubs across the football pyramid affected by the legislation?” Prior to this, Tory shadow sports minister Lord Parkinson of Whitley Bay had tabled an amendment which he said would allow clubs to “make their views known on this legislation” by including specific competitions on the face of the Bill. Labour frontbencher Baroness Twycross told the upper chamber: “I don’t think the leagues are confused either on which leagues this legislation will apply to.” She added: “This power is both reasonable and the result of evidence-based consultation with all key stakeholders in the industry. “This power ensures that the competitions in scope can be amended in a timely manner and ensures the scope of the regime remains relevant.” The peer later said: “Over the past three years there have been countless opportunities for all affected and interested parties to make representations.” Lady Brady also raised concerns about the financial distribution backstop, which she said is “clearly designed as a mechanism to gain direct access to, and apportionate Premier League revenue, and no-one else’s”. “I might add the backstop will allow the IFR (Independent Football Regulator) to do this even if it was against the Premier League clubs’ will, or even without the clubs’ agreement, even if it was to have a detrimental effect on the clubs and the overall competition it removes revenue from,” she added. The backstop would allow the new IFR to intervene in the distribution of Premier League broadcast revenue down the leagues as a last resort. It could be triggered by the Premier League, English Football League (EFL) or National League to mediate the fair financial distribution of this revenue if they are not able to come to an agreement. Conservative peers later raised concerns over the cost implications to clubs of establishing the regulator, although they faced claims of “filibustering” – wasting time by making overlong speeches in a bid to delay progress. Watching opposition benches blatantly filibustering to destroy the Football Governance Bill is nothing short of sporting vandalism.Football is broken. Clubs are struggling. Now those seats have been lost, do they no longer care about likes of Reading or Southend? @FairGameUK — Niall Couper (@NiallCouper) December 4, 2024 Labour peer Lord Watson of Invergowrie questioned why Lord Parkinson was showing “confected outrage” at the Bill when the former culture minister would have been defending a similar proposal had the Tories remained in power. Lord Parkinson, in his reply, said: “We want to see this regulator established, we want to see it doing its work and doing so effectively, but we also see before us a Bill that is different because of the election that was called and the result that happened, and we’re interrogating particularly closely the changes that the Government have made to the Bill – of which there are many. “And we have more concerns on these benches than we did before the election from my colleagues behind me about the way we do it.” The Tory peer pointed to Labour frontbenchers fulfilling their duties to “properly scrutinise” then-government legislation when they were on the opposition benches. Lady Twycross, in an intervention, said: “While I agree that (Lord Parkinson) is correct that I would scrutinise legislation when I was sitting on those (opposition) benches, I have never sought to filibuster a Bill to which my party had committed, which my party had laid before Parliament, and intended to filibuster it to the point of getting us stuck in treacle.” Lord Parkinson replied: “That is not what we’re doing.” Niall Couper, chief executive of the campaign group Fair Game, wrote on social media site X: “Watching opposition benches blatantly filibustering to destroy the Football Governance Bill is nothing short of sporting vandalism.”
NEW YORK -- U.S. stocks are stabilizing Thursday following one of their worst days of the year . The S & P 500 rose 0.6% in afternoon trading, a day after tumbling 2.9% when the Federal Reserve said it may deliver fewer cuts to interest rates next year than earlier thought. The Dow Jones Industrial Average was up 299 points, or 0.7%, as of 2:05 p.m. Eastern time, following Wednesday’s drop of more than 1,100 points. The Nasdaq composite rose 0.7%. Indexes are still near their records , and the S & P 500 is still on track for one of its best years of the millennium . Wednesday’s drop just took some of the enthusiasm out of the market, which critics had already been warning was overly buoyant and would need everything to go correctly for it to justify its high prices. Traders are now expecting the Federal Reserve to deliver just one or maybe two cuts to interest rates next year, according to data from CME Group. Some are even betting on none. A month ago, the majority saw at least two cuts in 2025 as a safe bet. Wall Street loves lower interest rates because they give the economy a boost and goose prices for investments, but they can also provide fuel for inflation. Darden Restaurants, the company behind Olive Garden and other chains, helped lift the market after leaping 15.5%. It delivered profit for the latest quarter that edged past analysts’ expectations. The operator of LongHorn Steakhouses also gave a forecast for revenue for this fiscal year that topped analysts’. Accenture rose 7.6% after the professional services company topped expectations for profit in the latest quarter. CEO Julie Sweet said it saw growth around the world, and the company raised its forecast for revenue this fiscal year. Amazon shares added 2%, even as workers at seven of its facilities went on strike Thursday in the middle of the online retail giant’s busiest time of the year. Amazon says it doesn’t expect an impact on its operations during what the workers’ union calls the largest strike against the company in U.S. history. They helped offset a tumble for Micron Technology, which fell 16.5% despite reporting stronger profit than expected. The computer memory company’s revenue fell short of Wall Street’s forecasts, and CEO Sanjay Mehrotra said it expects demand from consumers to remain weaker in the near term. It gave a forecast for revenue in the current quarter that was well short of what analysts were thinking. Lamb Weston, which makes French fries and other potato products, dropped 20.8% after falling short of analysts’ expectations for profit and revenue in the latest quarter. It also cut its financial targets for the fiscal year, saying demand for frozen potatoes is continuing to soften, particularly outside North America. The company replaced its chief executive. In the bond market, yields were mixed a day after shooting higher on expectations that the Fed would deliver fewer cuts to rates in 2025. Reports on the U.S. economy came in mixed. One showed the overall economy grew at a 3.1% annualized rate during the summer, faster than earlier thought. The economy has remained remarkably resilient even though the Fed held its main interest rate at a two-decade high for a while before beginning to cut them in September. A separate report showed fewer U.S. workers applied for unemployment benefits last week, an indication that the job market also remains solid. But a third report said manufacturing in the mid-Atlantic region is unexpectedly contracting again despite economists’ expectations for growth. The yield on the 10-year Treasury rose to 4.56% from 4.52% late Wednesday and from less than 4.20% earlier this month. But the two-year yield, which more closely tracks expectations for action by the Fed in the near term, eased back to 4.31% from 4.35%. The rise in longer-term yields has put pressure on the housing market by keeping mortgage rates higher. Homebuilder Lennar fell 4.8% after it reported weaker profit and revenue for the latest quarter than analysts expected. CEO Stuart Miller said that “the housing market that appeared to be improving as the Fed cut short-term interest rates, proved to be far more challenging as mortgage rates rose” through the quarter. “Even while demand remained strong, and the chronic supply shortage continued to drive the market, our results were driven by affordability limitations from higher interest rates,” he said. A report on Thursday may have offered some encouragement for the housing industry. It showed a pickup in sales of previously occupied homes. In stock markets abroad, London’s FTSE 100 fell 1.1% after the Bank of England paused its cuts to rates and kept its main interest rate unchanged on Thursday. The move comes as inflation there moved further above the central bank’s 2% target rate, while the British economy is flatlining at best. The Bank of Japan also kept its benchmark interest rate unchanged, and Tokyo’s Nikkei 225 fell 0.7%. Indexes likewise sank across much of the rest of Asia and Europe. ___ AP Business Writers Matt Ott and Elaine Kurtenbach contributed.
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