
Canon, Coral Spawning Lab, and Nature Seychelles Team Up to Regenerate Coral Reefs
Peter Bragg, Sustainability and Government Affairs Director at Canon EMEA, says "Our partnership with Nature Seychelles and the Coral Spawning Lab in this innovative effort to protect the Seychelles' vital coral reefs, demonstrates our commitment to biodiversity. The power of our imaging technology and expertise can play a significant role in building a more sustainable future for small island nations facing the challenges of climate change. By providing the tools to see, understand, and share the story of coral reefs, we hope to empower communities and raise awareness to protect these vital ecosystems for generations to come."
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Al Bawaba
2 days ago
- Al Bawaba
Canon named a Leader in IDC MarketScape: Worldwide Hardcopy Remanufacturing 2025 Vendor Assessment
Today, Canon is pleased to announce that it has been named as a Leader in The IDC MarketScape: Worldwide Hardcopy Remanufacturing 2025 Vendor Assessment*. The report highlights the increased demand for circularity and sustainability in the print and document solutions market and takes an in-depth look at the global, regional, and local level activities of eight major industry study looks specifically at device and consumables remanufacturing, assessing the capabilities of those surveyed through a number of factors including types of remanufactured products, levels of innovation, cost of ownership, sales strategy and distribution. With demand for remanufactured printing technology increasing as sustainability becomes an integral business priority, the report provides a strong reference point for businesses who wish to improve the carbon footprint of their print IDC MarketScape report highlighted Canon's strengths including its remanufacturing history and resources, citing that 'Canon has been remanufacturing its products since the last millennium and has a wealth of experience and resources across the globe to meet current and future market trends for reuse'. It also noted the breadth of Canon's office multifunction printer portfolio, highlighting. that 'Canon's remanufactured devices include monochrome and colour A3 devices and cover a wide variety of speed segments'. Building on this, Hiro Imamura, Executive Vice President, Digital Printing & Solutions at Canon Europe comments; 'With a strong heritage in sustainability and global remanufacturing and refurbishing expertise, we are well placed to help our customers make concrete steps to improve their carbon footprint and meet their environmental goals. Reusing, recycling and repairing our products for a second life is a core part of this approach and we are delighted to be recognised as a Leader in this important IDC MarketScape report. We will continue to accelerate our efforts towards the circular economy, reducing impacts across every single part of our business and expanding our sustainable product range, from our printers to our papers, to further support our customers for the future'. © 2000 - 2025 Al Bawaba ( Signal PressWire is the world's largest independent Middle East PR distribution service.


Wamda
22-07-2025
- Wamda
Egypt's Flend secures $3 million seed to expand digital SME financing
Egypt-based fintech Flend has secured $3 million in seed funding through a blended equity and debt round. The equity was led by Egypt Ventures, with participation from Camel Ventures, Sukna Ventures, Plus VC, Banque Misr, and family offices including El Sewedy and Baalbaki. Debt financing was provided by MSMEDA and local banks. Founded by Ahmed Zaki, Nehal Helmy and Saif Edeen El Bendari, Flend is an FRA-licensed Digital NBFI, offering fully digital short-term working capital loans to SMEs through embedded finance and direct integration with 20+ supply chain platforms in sectors like agri-food, e-commerce, and healthcare. The funding will support Flend's goal to inject EGP 1 billion in SME loans within a year, expand its team and partnerships, and enhance its tech infrastructure to close Egypt's $50 billion SME financing gap. Press release: Egypt's digital SME lending platform Flend has announced the successful closure of its $3 million seed funding round, a mix of equity and debt. The equity round was led by Egypt Ventures, with participation from Camel Ventures, Sukna Ventures, Plus VC, Banque Misr, and prominent family offices including El Sewedy and Baalbaki. On the debt side, Flend secured funding from MSMEDA and several local banking partners. Licensed by Egypt's Financial Regulatory Authority (FRA) as a Digital Non-Banking Financial Institution (Digital NBFI), Flend enables fully digital lending for SMEs, from onboarding and credit scoring to disbursement and collections, all through digitally binding contracts. With over 20 embedded partnerships, Flend integrates directly into platforms that serve SME supply chains across sectors like agri-food, healthcare, e-commerce, manufacturing, retail, and export. The platform plans to inject EGP 1 billion in working capital loans over the coming year, targeting Egypt's $50 billion SME financing gap. 'This round allows us to finance SMEs where they do business—within the platforms that drive Egypt's economy,' said Ahmed Zaki, Co-Founder and CEO of Flend. 'We've seen rising demand and are ready to scale our reach.' Hasan Haider, Founder and Managing Partner at Plus VC, commented: 'Flend is solving a major regional challenge—making SME finance digital-first, embedded, and accessible.'


Wamda
17-07-2025
- Wamda
Entlaq launches national report on Egypt's cleantech and energy future
Press release: In a strategic move that underscores Egypt's commitment to a sustainable green economy, Entlaq for Strategic Consulting and Research, in collaboration with the Ministerial Group for Entrepreneurship and the Ministry of Planning, Economic Development, and International Cooperation, has launched a landmark national report titled ' Cleantech and Energy in Egypt 2025: Between Climate Imperatives and Economic Opportunities'. This report presents the first comprehensive diagnostic of Egypt's cleantech ecosystem through a political, regulatory, and market lens. It comes at a critical juncture as the global cleantech sector—spanning renewable energy, smart water solutions, energy efficiency, and climate-resilient innovation—becomes one of the most competitive and strategically financed sectors worldwide. In 2024 alone, infrastructure finance across the Middle East and Africa reached USD 152.3 billion, with clean energy investments accounting for over $21.5 billion. Countries in the region are rapidly scaling their cleantech ecosystems through targeted regulation, capital mobilisation, and innovation hubs—making it imperative for Egypt to move quickly, not just to catch up, but to lead. Domestically, climate-related vulnerabilities intersect with structural challenges such as water scarcity, industrial energy inefficiency, and rising employment pressures, resulting in additional socioeconomic burdens. Yet Egypt holds unique, underutilised advantages: a strong STEM talent pool, one of the largest renewable energy potentials in the region, a high-potential startup ecosystem, and a strategic geographic location connecting Africa, Europe, and the Gulf. The report focuses on two strategic domains: EnergyTech—including renewable energy, smart grids, energy storage, and green hydrogen—and WaterTech—including greywater reuse, desalination, and digital water management. It draws on a robust methodology that includes high-level roundtables with government, the private sector, and startups, as well as extensive secondary data analysis and targeted field research, including interviews and surveys. The report identifies five cross-cutting structural barriers hindering the growth of cleantech in Egypt. First, regulatory fragmentation limits startup growth, with challenges in licensing, delayed industrial registration, and unclear net metering policies—particularly when benchmarked against countries like Saudi Arabia, Morocco, and India. Second, green finance remains limited and unevenly distributed, with Egypt receiving less than 17% of Africa's climate venture capital in 2024. Third, there are infrastructure gaps, including limited access to testing labs, grid integration facilities, and cleantech-ready industrial zones, in contrast with global models like India's Clean Energy Centres and the EU's InnoEnergy Highway. Fourth, adoption of cleantech solutions remains low among both consumers and public institutions due to limited awareness, lack of incentives, and underdeveloped promotion programmes. Finally, while Egypt possesses clear comparative advantages, activating them will require integrated reforms across policy, regulation, finance, infrastructure, and talent development. The report outlines an ambitious vision to position Egypt as a regional hub for green innovation. It calls for the enactment of a dedicated cleantech startup law, the introduction of financial incentives for energy and water innovation, and reforms in public procurement policies to stimulate technology adoption. It also emphasises the need to channel capital toward women-led and gender-diverse ventures and to align Egypt's national strategies with global best practices, adapted to local realities. To realise this vision, the report urges the formation of a multi-stakeholder national and regional coalition that brings together the public and private sectors, academia, and civil society to accelerate Egypt's green industrial transformation and fulfil its sustainable development goals.