Latest news with #AFD
Ya Biladi
a day ago
- Politics
- Ya Biladi
After updating Morocco's map to include the Sahara, France revises the Kingdom's total area
France continues to update its official data on Morocco following its recognition of Moroccan sovereignty over Western Sahara. After publishing the kingdom's complete map, including the southern provinces, on October 29, 2024, French diplomacy has now updated Morocco's official area on its website—raising it from 446,550 km² to 710,850 km². This update reflects the political decisions made by Paris, notably following the letter sent by President Emmanuel Macron to King Mohammed VI on July 30, 2024. Earlier this week, the French ambassador inaugurated a visa application office in Laayoune, marking another step in this policy shift. This opening follows the announcement of a €150 million investment in Morocco's Saharan provinces, made by the Director General of the French Development Agency (AFD) during a visit to Laayoune. It's worth recalling that in February, both the President of the Senate, Gérard Larcher, and the Minister of Culture, Rachida Dati, visited Laâyoune and Dakhla separately.
Yahoo
2 days ago
- Climate
- Yahoo
Austin Fire rescues multiple people from floods, gets 700+ storm-related calls
The Brief Austin Fire Dept rescued multiple people from floods Dispatchers also got about 700 calls in the 24 hours that followed the storm AFD says some of the calls could have been prevented AUSTIN, Texas - The Austin Fire Department rescued multiple people from swift water due to the recent severe weather, and responded to over 700 storm-related calls. What we know As the monster storm swept through Austin on Wednesday, it battered neighborhoods, like those along Shoal Creek. "Just crazy wind, sideways winds, scary wind," said Laurie Painter, a Shoal Creek neighbor. "Lots of hail. Not really large hail, but maybe one-fourth to half an inch of hail." It also brought lots of rain. "Looking out the window from 30 feet, it was opaque," said Dianne Goss, another Shoal Creek resident. "You can usually see through the rain, but it was just a gray wall." What we know Austin Fire says it got at least six water rescue calls. "Unfortunately, these types of rescues are something we do pretty regularly when we have flash flooding like this," said Assistant Chief Thayer Smith. A call for two people swept away near Woodview Avenue and Burnet Road along Shoal Creek came into AFD around 7:30 pm Wednesday. They were able to save one person, but the other died. "My understanding is that this was not a vehicle or something that was washed under the creek," said Smith. "These were pedestrians that were somehow in the creek or near the creek." Smith said his Austin fire team also assisted in a rescue near Interstate 35 and 183 where two people were swept into a drainage area. "Miraculously, survived going from one side of I-35 frontage road, all the way underneath the interstate in the drainage tunnel out the other side," said Smith. By the numbers Dispatchers got about 700 calls in the 24 hours that followed the storm. 415 of them came in the first three hours, a drastic increase from the average 280 to 320 calls a day. Smith said he hadn't seen this many calls during a thunderstorm since the 2015 Memorial Day Floods. "We were tremendously busy during the initial onset of the storm," said Smith. What you can do Smith said some of those calls could have been prevented. So with more weather to come, Smith reminds drivers: "Turn around don't drown. I don't know how much we can emphasize that. The amount of people that drive around barricades simply because they don't want to be inconvenienced where we are standing blocking the road. The amount of people that drive by us and put not only themselves but the put us in danger to go back out there and get them is ridiculous." If you happen to lose a tree or tree limbs in coming storms, Smith added to make sure there's no electrical lines around it. That was another call dispatchers took a lot of yesterday. The Source Information in this report is from reporting/interviews by FOX 7 Austin's Lauren Rangel.
Time of India
2 days ago
- Business
- Time of India
MC updates Centre on 24x7 UT water project
1 2 Chandigarh: The municipal corporation on Thursday provided a detailed briefing to the ministry of finance and Agence Française de Développement (AFD), a French development agency, regarding the current status of the 24x7 water supply project in the city. The session, led by the municipal commissioner, focused on the project's implementation progress, ongoing works, and the upcoming action plan. During the briefing, officials highlighted that the long-term technical assistance (LTTA) contract commenced in Feb 2024. Also, that the contract for the upgradation of Kajauli water works was awarded in Aug 2024. It was noted that the preparation of the design-build-operate (DBO) tender documents has been delayed since April 2024. This delay is attributed to a complete renewal of the project team and the absence of a dedicated project director since Oct 2024. As a result, decision-making processes have been significantly hindered, leading to substantial delays in project execution. The team also clarified that Kajauli water works will be funded under the AMRUT scheme. Taking into account inflation and exchange rate fluctuations, the current budget is expected to be sufficient for the successful implementation of the project, including the integration of 13 villages, in accordance with the prescribed guidelines. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like American Investor Warren Buffett Recommends: 5 Books For Turning Your Life Around Blinkist: Warren Buffett's Reading List Undo Also, the credit facility agreement (CFA) and grant facility agreement (GFA) between AFD and the department of economic affairs (DEA) were signed in Sep and Nov 2022, respectively. The project agreement between AFD and the MC was finalised in Dec 2022. The meeting, held in New Delhi, also included discussions on similar projects and developments in other states and Union Territories.
Korea Herald
4 days ago
- Business
- Korea Herald
PT SMI and AFD Renew Strategic Partnership for a Low Carbon Future in Indonesia
JAKARTA, Indonesia, May 28, 2025 /PRNewswire/ -- PT Sarana Multi Infrastruktur (Persero) ("PT SMI") and Agence Française de Développement ("AFD") continue their partnership to strengthen cooperation in promoting sustainable development, mitigating the impacts of climate change, and green financing in Indonesia. This cooperation is outlined in the new Memorandum of Understanding (MoU), signed by the President Director of PT SMI, Reynaldi Hermansjah, and the CEO of AFD, Rémy Rioux, on Wednesday, May 28, 2025, at the Fairmont Hotel, Jakarta. The signing of the MoU was also witnessed directly by the European Union Ambassador to Indonesia. and Brunei Darussalam, Denis Chaibi. This is the third MoU signed between PT SMI and AFD. The purpose of this latest MoU is to further promote cooperation between the two institutions, beyond the scope of the financing agreement. Some points of cooperation outlined in the MoU are: (a) Financing to support national development transformation; (b) Knowledge sharing and capacity building in areas such as climate change, biodiversity, healthcare, and solid waste management; (c) Publications and bilateral cooperation that highlight the partnership between the two countries. The MoU represents a strategic bilateral relationship between Indonesia and France in supporting inclusive low-carbon development. PT SMI consistently fulfills its role by engaging in synergy and active collaboration to support the achievement of the SDGs through the SDG Indonesia One (SIO) platform. "PT SMI is very pleased to continue collaborating with AFD, as both institutions share a common vision and goal in the effort to provide clean energy. This agreement is important to strengthen the legitimacy and reputation of PT SMI as a key player in the climate field. We have a variety of innovative platforms and tools to mobilize collaboration in financing environmentally friendly projects, such as SDG Indonesia One and the ETM Country Platform. Thus, we can become the right partner for anyone who wants to contribute and provide benefits in addressing the impacts of climate change," said the President Director of PT SMI, Reynaldi Hermansjah. PT SMI and AFD have been collaborating on financing infrastructure projects that contribute to climate change mitigation and adaptation since 2015, particularly through the provision of a USD 100 million loan. In 2018, a partnership agreement was signed and an additional credit of USD 150 million was provided under the SIO PT SMI framework. Several projects developed as a result of the collaboration between PT SMI and AFD include the Pekanbaru Drinking Water Supply System in Pekanbaru, Riau, the Madong Mini-Hydro Power Plant in North Toraja, South Sulawesi, and the Ijen Geothermal Power Plant in Banyuwangi, East Java. - End – About PT Sarana Multi Infrastruktur (Persero) ("PT SMI") PT Sarana Multi Infrastruktur (Persero) ("PT SMI"), established on February 26, 2009, is a State-Owned Enterprise under the coordination of the Ministry of Finance, in the form of a Non-Bank Financial Institution (LKBB). PT SMI plays a role and has a mandate as an agent of sustainable development. PT SMI has 3 business pillars, namely Commercial Financing, Public Financing, and Advisory Service and Project Development. PT SMI has various functions and unique products/features to support the acceleration of infrastructure development, which not only serves as infrastructure financing but also as an enabler through the implementation of the Government and Business Entity Cooperation (KPBU) scheme involving various financial institutions, both private and multilateral. PT SMI actively supports the implementation of Public Private Partnership (PPP) and encourages the acceleration of infrastructure development in the regions through regional loan products.
Yahoo
4 days ago
- Business
- Yahoo
PT SMI and AFD Renew Strategic Partnership for a Low Carbon Future in Indonesia
JAKARTA, Indonesia, May 28, 2025 /PRNewswire/ -- PT Sarana Multi Infrastruktur (Persero) ("PT SMI") and Agence Française de Développement ("AFD") continue their partnership to strengthen cooperation in promoting sustainable development, mitigating the impacts of climate change, and green financing in Indonesia. This cooperation is outlined in the new Memorandum of Understanding (MoU), signed by the President Director of PT SMI, Reynaldi Hermansjah, and the CEO of AFD, Rémy Rioux, on Wednesday, May 28, 2025, at the Fairmont Hotel, Jakarta. The signing of the MoU was also witnessed directly by the European Union Ambassador to Indonesia. and Brunei Darussalam, Denis Chaibi. This is the third MoU signed between PT SMI and AFD. The purpose of this latest MoU is to further promote cooperation between the two institutions, beyond the scope of the financing agreement. Some points of cooperation outlined in the MoU are: (a) Financing to support national development transformation; (b) Knowledge sharing and capacity building in areas such as climate change, biodiversity, healthcare, and solid waste management; (c) Publications and bilateral cooperation that highlight the partnership between the two countries. The MoU represents a strategic bilateral relationship between Indonesia and France in supporting inclusive low-carbon development. PT SMI consistently fulfills its role by engaging in synergy and active collaboration to support the achievement of the SDGs through the SDG Indonesia One (SIO) platform. "PT SMI is very pleased to continue collaborating with AFD, as both institutions share a common vision and goal in the effort to provide clean energy. This agreement is important to strengthen the legitimacy and reputation of PT SMI as a key player in the climate field. We have a variety of innovative platforms and tools to mobilize collaboration in financing environmentally friendly projects, such as SDG Indonesia One and the ETM Country Platform. Thus, we can become the right partner for anyone who wants to contribute and provide benefits in addressing the impacts of climate change," said the President Director of PT SMI, Reynaldi Hermansjah. PT SMI and AFD have been collaborating on financing infrastructure projects that contribute to climate change mitigation and adaptation since 2015, particularly through the provision of a USD 100 million loan. In 2018, a partnership agreement was signed and an additional credit of USD 150 million was provided under the SIO PT SMI framework. Several projects developed as a result of the collaboration between PT SMI and AFD include the Pekanbaru Drinking Water Supply System in Pekanbaru, Riau, the Madong Mini-Hydro Power Plant in North Toraja, South Sulawesi, and the Ijen Geothermal Power Plant in Banyuwangi, East Java. - End – About PT Sarana Multi Infrastruktur (Persero) ("PT SMI") PT Sarana Multi Infrastruktur (Persero) ("PT SMI"), established on February 26, 2009, is a State-Owned Enterprise under the coordination of the Ministry of Finance, in the form of a Non-Bank Financial Institution (LKBB). PT SMI plays a role and has a mandate as an agent of sustainable development. PT SMI has 3 business pillars, namely Commercial Financing, Public Financing, and Advisory Service and Project Development. PT SMI has various functions and unique products/features to support the acceleration of infrastructure development, which not only serves as infrastructure financing but also as an enabler through the implementation of the Government and Business Entity Cooperation (KPBU) scheme involving various financial institutions, both private and multilateral. PT SMI actively supports the implementation of Public Private Partnership (PPP) and encourages the acceleration of infrastructure development in the regions through regional loan products. View original content to download multimedia: SOURCE PT Sarana Multi Infrastruktur (Persero) Sign in to access your portfolio
