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Wednesday 3rd March, 2021

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MasterCard Pledges Net Zero Emissions, Innovates for Collective Climate Action

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MasterCard is furthering its commitment to creating a more sustainable and inclusive digital economy, with a pledge to reach net-zero emissions by 2050.  

Understanding that economic growth cannot come at the expense of the planet, the company’s global action plan aims to continue to reduce greenhouse gases (GHG) by remaining focused on the decarbonization of its operations and bolstering its efforts to decarbonize its supply chains.

MasterCard’s net-zero goal builds upon its existing GHG commitments that align with the Business Ambition for 1.5°C pledge.

The first in the payments industry to gain Science Based Targets initiative (SBTi) approval for its GHG goals, MasterCard is currently working towards its SBTi-approved goal to reduce total Scope 1 and 2 emissions by 38% and Scope 3 emissions by 20% by 2025 from a 2016 baseline.

These targets reflect a long-term commitment by the company to monitor and implement best practices to reduce emissions across the business, drive operational energy efficiency, and further engage suppliers in value chain decarbonization.

Progress already made towards these goals includes achieving 100% renewable electricity in 2020, reinforced by a commitment to RE100.

“2021 is set to be a crucial year for climate action, and we believe the private sector has a vital role to play in the transition to a zero-carbon economy. The quality of all our futures is deeply and inextricably linked to the health and well-being of our planet.

“That’s why, in addition to improving our own environmental footprint, we’re driving systemic change through powerful coalitions and empowering our network of nearly 3-billion consumers to take collective action to preserve the environment,” said Kristina Kloberdanz, Chief Sustainability Officer, Mastercard.

“By coming together, we can drive exponential impact.”

MasterCard is also mobilizing its technology, expertise, and trusted global partnerships network to lead on collective climate action, through innovative initiatives such as the Greener Payments Partnership and the Priceless Planet Coalition.

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Nnamdi Azikiwe Int’l Airport Abuja Named Best Airport In Africa By ACI

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The Nnamdi Azikiwe International Airport Abuja has been awarded the Airport Service Quality (ASQ) Award 2020 as judged by their customers as the Best Airport by Size and Region (5 to 15 million passengers per year in Africa).

This award represents the Federal Airports Authority of Nigeria (FAAN) commitment to continuously improving customer experience across all Nigerian airports according to a statement by Henrietta Yakubu, General Manager, Corporate Affairs at FAAN.

“The recognition comes at a time when we are geared towards ensuring seamless airport facilitation with the opening of new terminals and upgrading of our current infrastructures across the board.

“Despite a turbulent year plagued by COVID-19 induced financial struggles, the authority has endeavoured to prioritize customer satisfaction while ensuring that health and safety remain topmost,” Yakubu said in the statement.

FAAN MD/CEO, Captain Rabiu Yadudu accepted the award on behalf of the Authority and restated FAAN’s commitment to ensuring the safety, security and comfort of passengers at all airports across the country.

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BREAKING: Crowdyvest Exits EMFATO Holdings, Raises New Investment

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……As Farmcrowdy Fully Leaves The Crowdfunding Space

EMFATO Holdings (owners of Farmcrowdy and investors in Plentywaka) have announced the exit of one of its portfolio companies – Crowdyvest, following up on new investments into the startup to grow as a digital savings company in Nigeria.

Crowdyvest, an impact-driven fintech platform, which was launched just over a year ago, has over 10,000 members who have used opportunities on its platform to sponsor projects in Agriculture, Real Estate, Transportation, Health and Education sectors.

Previously led by its Co-founder & CEO, Onyeka Akumah but today, along with the new investment, there is a change in its management of the company, with Tope Omotolani set to become its new CEO.

Onyeka Akumah explained that the change in leadership will not affect the management and staff of Crowdyvest as they will all be retained but hinted that there will be a new way Crowdyvest will operate.

Following this latest development, the one-year-old startup will set its sights on becoming a leading digital wealth and savings management company focused on a closed-community savings model under Tope Omotolani’s leadership.

“I have taken this decision to move on as the CEO of Crowdyvest as a result of the new investment in the company which provides opportunities for proper scale in the coming months.

“Today, Crowdyvest will also exit fully from EMFATO Holdings and we are very happy about the new investors and to see how Tope will lead this business to new heights.

“Now, I can focus my energy on leading Farmcrowdy and Plentywaka as CEO of both companies into new markets in 2021.

“Tope is a strong and amazing leader and I see her leading Crowdyvest to become one of the go-to wealth management and digital savings companies in Nigeria within the next 3-5 years with her team.

“I wish her all the best and will continue to advise them on their journey when needed,” Onyeka Akumah said.

DigitalTimesNG understands that with this change, Crowdyvest will no longer be an open crowdfunding platform.

An all-new Crowdyvest led by Temitope Omotolani will enter the Fintech industry fully with the launch of the Crowdyvest Savings Platform which gives savings options to over 10,000 subscribed users.

This savings platform will give its users a variety of plans to help build a savings culture based entirely on their pace, so they can reach their life goals faster.

Tope Omotolani will now lead the Fintech company, Crowdyvest to become a leading savings platform in Nigeria.

Farmcrowdy has in the past worked with Crowdyvest to crowdfund for farming projects.

Following this change, Farmcrowdy now fully exits the crowdfunding space with this sale and Crowdyvest will begin to operate a closed-community model for savings.

This new savings platform has been introduced with three new products. These platforms have been properly tailored to fit all categories of individuals, including the Millenials, Gen Z, Gen X, and Baby Boomers, and each of these products has its unique features and benefits. They are; Flex Savings, Vault Savings, and Pace Savings.

The company said in a statement that every saver enjoys the benefits of high-interest rates from 12.5% to 15%, zero bank charges, plans tailored for everyone, and effective and prompt customer service.

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Nigeria DigitalSENSE Forum 2021 Gets June Date

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ITREALMS Media, organizers of the annual Nigeria DigitalSENSE Forum series, has unveiled the date for this year’s edition.

Editor-in-Chief/Lead Consulting Strategist at ITREALMS Media, Mr. Remmy Nweke, who disclosed this at the weekend, said the management has approved Thursday, June 10, 2021, as the date for the yearly NDSF which borders on Internet Governance for Development (IG4D) and Nigeria IPv6 Roundtable respectively.

He also revealed that the main theme for 2021 is ‘Digital Cooperation: Enhancing Multistakeholder Governance for Digital Economy.’

According to Nweke, nowadays, a paradigm shift has shown that the digital era brought inconceivable benefits alongside many challenges not limited to growing digital divides, cyber threats, and human rights violations more so, online.

“In order to lay a roadmap for the Nigerian stakeholders towards improving what has become digital cooperation, ITREALMS Media, through its digital rights initiative of the annual Nigeria DigitalSENSE Forum (NDSF) series will be exploring the theme for safer, equitable world with positive future on Thursday, June 10 by 9 am at the Welcome Centre Hotels, International Airport Road, Ikeja, Lagos,” Nweke said in a statement.

The Nigeria DigitalSENSE Forum series is organised by ITREALMS Media and hosted under DigitalSENSE Africa (DSA), an At-Large Structure certified by the Internet Corporation for Assigned Names and Numbers (ICANN), in collaboration with critical stakeholders including regulators in the Information and Communication Technologies.

Nweke added that the Director of Publications at ITREALMS Media, Mrs Nkem Nweke would anchor by noon of the same day the Nigeria IPV6 Roundtable on ‘Scaling up IPv6 in a post-COVID-19 pandemic.’

He further said that “the NDSF series motivates public discourse and create awareness on the technological cum business benefits of rapidly advancing technologies capable of impacting on ICT adaptation, Internet Governance, Internet Protocol (IP) addresses and domain name industry, their effects on the eco-system and offers first-class platform for industry networking.”

He called on industry players to leverage this opportunity and take an active part in this year’s edition so as to form the digital cooperation required for the digital economy to thrive.

 

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