Azerbaijan to open UEFA Nations League campaign against Lithuania

Azerbaijan’s national football team will begin its UEFA Nations League campaign on September 27.

The team, competing in League D, will face Lithuania away in the opening match of Group 2.

The match will take place in Kaunas and will kick off at 17:00 Baku time. The game will be officiated by FIFA referee Menelaos Antoniou of Cyprus.

The Azerbaijani national team will play its second group match against Liechtenstein in Baku on October 1.

The UEFA Nations League is a national-team competition organized by UEFA to provide more competitive international matches and reduce the number of friendly fixtures. The tournament was introduced in 2018 and brings together European national teams in leagues based on their sporting level.

The competition is divided into four leagues – A, B, C and D. Teams compete in groups within their respective leagues, with promotion and relegation providing movement between the divisions. The top teams in League A advance to the knockout stage, which culminates in the Nations League finals.

The 2026/27 edition is the fifth UEFA Nations League. The league phase began on September 24, 2026, and will run through November 17. League A, B and C teams play six matches in the league phase, while teams in League D play four.

NCDMB expands technical skills to boost Nigeria’s industrial workforce

The Nigerian Content Development and Monitoring Board (NCDMB) has restated its commitment to building local capacity, empowering Nigerians with relevant technical skills and creating opportunities for meaningful participation in Nigeria’s industrial, oil and gas sectors.

Felix Ogbe, Executive Secretary NCDMB, made the commitment at the weekend during the graduation ceremony of the second cohort of trainees of the Centre for Marine for Marine and Offshore Technology Development (CMOTD) of Rivers State University.

Represented by, Ilu Ozekhome, Assistant Manager, Property and Investment (NCDMB), the Executive Secretary stated that through strategic partnerships and timely interventions NCDMB has continued to support the development of skills competent and globally competitive Nigerian workforce.

‘It really gladdens my heart, when we were outside at the station, I could see that the trainees of these six months of intensive training were already deploying what they learnt into practical use.

‘From the transformer reconstruction to the mobile boarding platform and other skills. I really commend you guys for not sitting on the certificate but applying the skills that you learnt into practical use’, Ogbe said.

He congratulated all the graduands for the significant achievement saying; ‘Your completion of this training is not only a personal milestone but also an important step towards developing a technical skill required to support Nigeria’s industrial and maritime sectors’.

He commended the management of the CMOTD and partners for their commitment to practical industry-focused training and for creating opportunities for Nigerians to acquire relevant skills and competencies.

Ogbe also commended the management of the Rivers State University for creating the platform and enabling environment for the trainings to happen.

‘I encourage you to continue learning, remain disciplined and apply the knowledge and skills you have acquired responsibly.

‘The real value of this training will be demonstrated through how you used your skills to create solutions, contribute to industry and add value to Nigeria. In fact that’s the very essence of this training. Share what you know’, the NCDMB boss declared.

Earlier, Vitalis Ahiakwo, Chief Executive Officer of the Center for Marine and Offshore Technology Development (CMOTD) described the Centre as a ‘living hub of innovation, applied excellence and technological leadership, where knowledge is forged into capability and ambition is transformed into impact.

‘Our unwavering purpose is to close the divide between academia and industry, converting research and insight into practical, industry-ready competencies that power the marine, offshore and energy sectors.

‘At the core of what we do lies a clear national imperative; building the human capital that will propel Nigeria’s Blue economy forward’, he said.

To the graduating trainees, he said; ‘You have completed a rigorous journey of learning, practical mastery and professional growth- and today you stand not at an end, but at the true beginning. At CMOTD you have have moved beyond classrooms and credentials to gain the specialised expertise, problem-solving discipline and forward- looking mindset demanded by the marine, offshore, energy and technology sectors’.

A programme brief by the Head of Research and Development and Training Coordinator, Elakpa Augustine showed that the training programme was for a duration of 24 weeks during which the trainees went through: Practical ship design and construction, Circular Economy Design, Mechanical piping and pressure vessel design, Big data analytics, Oil well optimisation, Transformer repair and maintenance and International class welding, fabrication and qualification.

He challenged the graduands to be the change agents; ‘apply what you have learnt quickly, share it with your colleagues, guard your integrity and never sign what you have not verified, keep learning and stay connected as ambassadors of CMOTD. Your success is your organisations’ strongest return on investment’.

TÜRKSOY chief highlights global value of Turkic heritage

The shared cultural heritage of the Turkic world embodies values that belong not only to Turkic peoples but to all humanity, Secretary General of the International Organization of Turkic Culture (TÜRKSOY) Sultan Raev said.

He made the remarks during a high-level meeting of the Group of Friends of the United Nations Alliance of Civilizations (UNAOC), held as part of the 81st session of the UN General Assembly.

Raev noted that TÜRKSOY has been working for more than 30 years to preserve, promote and raise international awareness of the shared cultural heritage of Turkic peoples.

He said the Turkic World Vision 2040 sets out a long-term perspective for stronger cooperation and solidarity based on shared history and culture, as well as for contributing to global peace. According to Raev, TÜRKSOY bears an important responsibility for implementing the cultural dimension of this vision.

Raev highlighted the VI World Nomad Games as an example of the unifying power of culture. According to him, the Games, which brought together participants from around 120 countries, are not merely an event showcasing traditional sports, but a global platform that brings different peoples together around peace, friendship and mutual understanding.

The secretary general also emphasized the important role cultural diplomacy can play in preventing crises.

Rickman: From football dreams to music, boxing and back again

For Derrick Ddungu, football was never just a game. Long before he became known as Rickman, the musician, radio personality and entertainer, he was a young footballer with dreams of playing for Arsenal and representing Uganda at the World Cup. That dream eventually carried him from the streets of Kampala to Sweden, where he played competitive football for clubs including Gunnilse IS and Sävedalens IF.

Today, after years in music, boxing and broadcasting, Rickman is back in Ugandan football with Express FC. His return is more than a sporting comeback. It is a return to the first dream.

‘I am building a legacy,’ he says.

For Rickman, those words capture a journey that has moved through three demanding worlds – football, music and boxing – without allowing any of them to completely define him.

Football came first

Rickman grew up in a sporting family. His father played football, while his mother played netball and basketball. Growing up in Bakuli, Mengo and Kisenyi, sport was part of everyday life. Football quickly became his obsession.

He played for Kampala Junior Team (KJT) and Friends of Football before his ambitions took him abroad. Sweden became an important chapter in his development.

There, Rickman played for Gunnilse IS and later Sävedalens IF, competing in Sweden’s lower divisions. Contemporary reports from Sävedalen show him playing as an attacking player, creating chances, scoring and providing assists for the club. In one 2018 match, he scored twice for the club’s reserve side, while another report described him as returning from a long injury lay-off to score the winning goal.

For a young Ugandan footballer, Sweden offered more than a chance to play. It was an opportunity to test himself in a different football environment and pursue the career he had imagined as a boy. Rickman was beginning to build a football identity of his own. Then everything changed.

Injury opens another door

In 2016, while playing for Gunnilse IS, Rickman tore his anterior cruciate ligament. The injury required surgery in 2017 and a long period of rehabilitation. He eventually returned to competitive football in 2018 and continued playing for Sävedalens IF, where he was again involved in goals and attacking moves. Swedish club records show him scoring, assisting and returning to action after injury. But the injury had already changed something.

Football, which had once occupied almost all his attention, suddenly had to share space with another passion.

Music.

While recovering, Rickman began taking his songwriting more seriously. He had always written songs and shared them with friends. But he had never imagined that music could become his profession. The injury changed that calculation.

His first single, Naki, introduced him to Ugandan music audiences. Then came Bango in 2019. That was the breakthrough. The footballer who had spent years trying to establish himself abroad was suddenly becoming known for something completely different.

Music opened a new world for Rickman.

He released songs including Goodnight with Lydia Jazmine, Cinderella with Anknown and Ayizulu, gradually building an identity beyond football.

Rather than remain tied to one sound, he continued experimenting. In 2024, he moved into hip-hop with Ndi Muto, an album that won Hip Hop Album of the Year. Now he is working on Yatula, an album focused on love music for weddings and introductions.

His music, he says, has evolved with his own experiences.

‘As I grew into the music journey, I loved the creative process of it, and then the character and personality started taking over the music I produce,’ he says.

But despite his success in music, Rickman never considered football a closed chapter. That is why his next career decision may come as a surprise.

He plans to stage his first and last concert in 2028 before eventually stepping away from music to pursue football coaching.

‘There is always a prime for everything,’ he says.

For Rickman, music has been an important chapter. Football, however, remains the book he has not finished.

Coming home

When he returned to Uganda in 2022, the desire to play professionally was still alive. His connection to football was also deeply personal.

His father played for KCCA FC, while Rickman himself trained with the club for two to three years. He also has childhood ties to Express FC, having played for the club’s academy. His return to Express FC was partly encouraged by his longtime friend DT Timo, whom he has known for nearly 20 years.

The two had played together as children, and Timo encouraged Rickman to return to the club where they had first shared their football dreams. Rickman began training with Express FC towards the end of the previous season. The club’s management encouraged him to take the opportunity seriously.

Then came another connection from his past. Morley Byekwaso, who had coached Rickman when he was about 11 or 12 years old, joined Express FC as head coach. For Rickman, the reunion carried a certain emotional weight. A coach from his childhood was now part of his return to senior football. It was almost as if the game had brought him back to where the journey began.

His comeback

Rickman’s return to competitive football reached a dramatic point when he made his Express FC debut against KCCA FC. He came on as a late substitute and scored in Express’s 2-0 victory. For a player whose football career had once been interrupted by a serious knee injury, the goal was significant. It was also symbolic.

He had returned to the pitch against KCCA FC , the club with which he has a family connection and where he himself had trained. The boy who once dreamt of making it in football had returned years later, carrying with him experiences from music, broadcasting and boxing. Football had waited. And Rickman had returned.

Then there was boxing

Football may have been his first love, but boxing has also been part of Rickman’s story since childhood.

Growing up in Kisenyi, he had friends who did boxing. Before his football coach arrived for training, he would sometimes join the boxers for a few minutes.

The fascination never disappeared.

Years later, he explored celebrity boxing and eventually became involved in corporate boxing, facing opponents from the music industry and social circles.

He credits Uganda Boxing Federation president Moses Muhangi with helping bring the idea to life.

Still, Rickman is careful about calling himself a boxer.

‘I don’t fully claim to be a boxer,’ he says.

What he does claim is a love for the sport and its lessons. His favourite boxer is American star Gervonta Davis, but his ambitions extend beyond his own participation. He wants to contribute to boxing and help the sport grow internationally.

Three worlds, one lesson

Balancing football, music and boxing is not easy.

Rickman admits scheduling can be difficult, but he does not see the three pursuits as competing for his attention. Instead, he believes they complement one another. Football teaches teamwork, discipline and individual brilliance. Music demands creativity, patience and individuality. Boxing requires commitment, resilience and mental toughness.

‘A boxer can teach commitment, discipline and resilience to a musician,’ he says. ‘A musician can teach creativity, lifestyle and patience to a boxer, while a footballer can teach all the above to both.’

The lessons from one discipline therefore travel into another. The patience required to build a music career can help an athlete deal with setbacks. The resilience learned in boxing can help a musician survive disappointment. And the discipline of football can shape both.

More than music

Rickman’s career has also expanded into broadcasting and film. He is a sports presenter at NRG Radio, hosting Offside every Saturday from 11am to 1pm and delivering daily sports updates on the station’s Transit Show. He has also ventured into film, featuring in Slumbomber.

Away from the public spotlight, however, Rickman describes himself as peaceful and mostly introverted, becoming more social when he feels comfortable. Faith remains important to him too and success is not simply fame.

‘Success is the fruits of preparation,’ he says.

Preparation, he believes, requires discipline, patience, training, teamwork, character, respect and perseverance. One piece of advice from a coach has stayed with him: ‘Do what you can do and let God do what you can’t do.’

Perhaps that philosophy explains his ability to keep starting again.

The next chapter

Rickman knows that every career has a season. He has considered stepping away from boxing. He understands that the music industry will continue changing and that younger artistes will eventually take over. But football remains different. It is the one passion he wants to carry beyond his playing career. His ambition is to become a professional coach.

He wants to win the Super League, be part of an Africa Cup of Nations campaign and eventually use his experience to guide younger players.

In music, he dreams of being part of a team that wins a Grammy and hopes to work with artists such as Joshua Baraka, Pasha Amaro and Dolv Gvng. His 2028 concert, meanwhile, is intended to give his fans a memorable farewell.

In boxing, he wants to support the sport in whatever way he can. For someone who has lived several careers, the ambitions may seem endless. But underneath them is one consistent desire: to leave something behind. Rickman does not want to be remembered simply as the musician who played football. Nor as the footballer who made music.

He wants the different parts of his life to tell one story.

A young boy from Kampala chased a football dream to Sweden. An injury interrupted that dream. Music gave him another path. Boxing tested his resilience. And now football has called him home. The journey has not been linear as he imagined as a child. Perhaps that is what makes it meaningful.

Insurance regulator limits buying of foreign reinsurance

The Insurance Regulatory Authority (IRA) has tightened rules on offshore reinsurance, requiring insurers to first exhaust local capacity before seeking approval to place Kenyan risks with foreign reinsurers.

In a circular, the IRA said the increase in the mandatory reinsurance cession to Kenya Reinsurance Corporation (Kenya Re) to 25 percent from 20 percent would be the first move in strengthening local reinsurance capacity as insurers begin renewing their reinsurance contracts.

‘Going forward, ensure exhaustion of the local capacity by arranging reinsurance programmes with local reinsurers before seeking approval to reinsure with foreign reinsurers,’ said Godfrey Kiptum, IRA chief executive in a circular dated September 16.

Primary insurers transfer part of their risks to reinsurers to whom they pay premiums, reducing their exposure from massive or catastrophic losses.

The regulator’s intervention comes as insurers prepare their reinsurance programmes for 2027, with companies required to begin negotiations early and file final cover notes with the Authority by October 31.

A reinsurance cover note is a temporary but legally binding document that proves a reinsurance contract is in place before the official policy document is issued.

IRA’s order looks set to curb offshore placement of Kenyan insurance risks in a market that has several other reinsurers including Continental Reinsurance, East Africa Reinsurance, Ghana Reinsurance, WAICA Reinsurance (Kenya) and ZEP-RE.

The 25 percent mandatory business for Kenya Re follows amendments to the country’s reinsurance rules. Under the amended rules, every insurer is required to reinsure with Kenya Re a quarter of each of its reinsurance treaties relating to general business.

The requirement for compulsory cessions will only cease if Kenya Re is privatised. The Nairobi Securities Exchange-listed insurer is 60 percent owned by the government.

The regulator said it had ‘noted with concern’ a trend where some insurers have been flouting reinsurance rules, warning that it will not allow such firms to write new business from January 1, 2027 if their reinsurance arrangements flout rules.

‘You are expected to start your reinsurance negotiations early and the final reinsurance cover notes shall be filed with the Authority for approval latest by 31st October 2026,’ said Mr Kiptum.

‘Please note that unfair contract terms will not be accepted in the treaties and companies will not be allowed to write any new business effective 1st January 2027 if their reinsurance arrangements will not have been approved before that date.

IRA raised concerns about several non-compliance practices by insurers including late submission of reinsurance arrangements for regulatory approval and arranging reinsurance through brokers that are not regulated or registered under Kenyan law.

The regulator said some insurers have also been entering into reinsurance arrangements with ‘lowly rated or unrated’ reinsurers and reinsuring with foreign firms not registered under the Insurance Act.

Insurers have further been told to avoid concentrating more than 50 percent of a risk with a single reinsurer unless they provide justification for the placement.

The IRA is also tightening scrutiny on insurers that enter into reinsurance contracts but fail to honour payments.

IRA said companies submitting their 2027 arrangements would have to provide proof that reinsurance balances up to the second quarter of 2026 have been settled, or present an agreed payment plan with the reinsurers.

The regulator says insurers will have to show evidence of actuarial certification of the adequacy and contractual certainty of reinsurance arrangements.

The actuarial reports must cover the insurer’s five-year claims risk profile, changes in its reinsurance management strategy, the credit ratings of reinsurers and the structure of reinsurance arrangements.

Actuaries will also be required to give an opinion on the adequacy of insurers’ retention levels and purchased reinsurance capacity, ceding commissions, minimum deposit premiums and rates for non-proportional treaties.

The IRA measures collectively tighten the conditions under which insurers can transfer risks to overseas markets, giving local reinsurers a more prominent role in Kenya’s insurance market.

‘All facultative placements, both local and overseas, shall be shared with the authority before placement,’ the IRA said.

Martyrs’ Fortress monument unveiled in Gakh

A monument complex dedicated to the memory of martyrs, named “Martyrs’ Fortress”, has been unveiled in Qashqachay village of the Gakh district.

According to Azertag, the opening ceremony of “Martyrs’ Fortress” began with a performance by an orchestra. The Azerbaijani national flag was raised on the towers of the fortress, followed by the national anthem and a one-minute silence in memory of the martyrs.

It was reported that the 22-meter-high monument complex features towers on both sides. An Azerbaijani flag flies atop each tower. The fortress has 44 embrasures symbolizing the 44-day Patriotic War, while one additional embrasure represents the anti-terror operation.

Speaking at the opening ceremony, the project’s author Anvar Afandiyev said the site was created as a place where the sacred memory of the martyrs would be preserved and the love of the Motherland and the legacy of heroism would be passed on to future generations.

He noted that schoolchildren could attend “open lessons” at the site, military conscripts could be sent off from there, and newlyweds could make their wishes at the sacred location.

Lala Rahimova, the mother of National Hero Javanshir Rahimov, said that the residents of Qashqachay had always played an important role in Azerbaijan’s history of statehood and had stood in defense of the Motherland, fulfilling their duties at the cost of their blood and lives. She emphasized that the monument reflects the heroism of the village’s brave sons.

Gakh District Executive Authority head Elvin Pashayev spoke about the Patriotic War, noting that the country’s heroic sons had made a major contribution to restoring Azerbaijan’s territorial integrity and sovereignty at the cost of their lives.

“The Victory we have today was made possible by the heroism of our martyrs, the sacrifice of our veterans and the unity of our people. In this regard, the ‘Martyrs’ Fortress’ erected in a remote mountain village will go down in history not only as a place preserving the cherished memory of those from Qashqachay, but also as a sacred site honoring the memory of all our martyrs,” Pashayev said.

Other speakers at the event also spoke about state support for the families of martyrs and war veterans and expressed their gratitude.

The ribbon-cutting ceremony for the “Martyrs’ Fortress” monument complex was then held with the participation of mothers and children of martyrs. Wreaths and flowers were laid in front of the monument.

The ceremony continued with military marches performed by the military orchestra.

Qashqachay village is home to the families of 22 martyrs and 18 war veterans. Azerbaijan’s youngest National Hero, Javanshir Rahimov, was also born and raised in the village.

Qashqachay is also known for its prominent generals and officers, as well as patriotic sons who continue to serve in the Azerbaijani Army.

Crypto realities: Why education and risk management must precede investment in Nigeria’s digital asset space – Falola

Oluwaseyi Falola is the CEO of Liquid Ramp and a leading crypto market analyst with extensive experience in the Nigerian digital asset ecosystem. He has been at the forefront of building infrastructure to facilitate secure, compliant transactions and pioneering stablecoin development in Africa. In this interview with GIFT WADA, Falola brings insight into the persistent perception of cryptocurrency as a scam, the mechanics of blockchain and stablecoins, and the systemic challenges and risks facing everyday investors in the Nigerian market. He stresses the importance of financial literacy, asserting that thorough education must come before capital commitment to prevent devastating financial losses. Excerpts:

What specific misconceptions surrounding crypto led to the general perception that blockchain and digital assets are synonymous with scams or fraud in Nigeria?

It’s fair to an extent based on how people get to know about the blockchain. Most people in Nigeria generally get to know about the blockchain through Ponzi schemes like MMM, CBEX, and the likes. Because these platforms are Ponzi schemes, they end up crashing. There’s a general perception that anything crypto is a scam because most people don’t even understand what blockchain actually is. That is the general narrative. That is one of the reasons why I always say that you must learn before you earn. Most people want to go through the route of making money quickly, so they jump into scams, jump into Ponzi schemes, and mostly end up burnt.

For those who still find the space complex, how would you simply define blockchain and cryptocurrency, and how do volatile and stable assets differ?

Blockchain powers crypto. It is a decentralized technology, more like a book, we call it a ledger that is publicly available, and whatever has been written on that book can never be changed. It is immutable and final. Blockchain can be used in agriculture, manufacturing, and several other industries. When you talk about the money side of it, that is where cryptocurrency comes into place. Within crypto, we have volatile assets like Bitcoin, Ethereum, and Solana, which can go up or down. On the other side, we have stablecoins like USDT, USDC, and CGN, the Nigerian stablecoin I managed the development of, which is pegged one-to-one to the Naira. If you hold a stablecoin, you own an asset pegged to a local fiat currency, giving you a reliable hedge against market volatility.

Beyond trading, what are some of the practical, real-world utility benefits of blockchain and crypto in everyday African commerce?

In terms of benefits, there are many ways to gain aside from buying volatile assets. For instance, during the Russia-Ukraine conflict, someone needed to send funds to a cousin over there. Through our liquidity aggregation platform, Liquid Ramp, she bought USDT with Naira, sent it across, and her cousin converted it to local currency to use. Beyond that, you can benefit from the ecosystem without buying an asset. We have people earning through content creation, community management, carbon credits, and applying blockchain to agriculture and real estate. In real estate, tokenization allows properties and land plots to be visually represented on-chain, bringing transparency and eliminating situations where multiple people unknowingly buy the same plot of land.

In terms of benefits, there are many ways to gain aside from buying volatile assets. For instance, during the Russia-Ukraine conflict, someone needed to send funds to a cousin over there. Through our liquidity aggregation platform, Liquid Ramp, she bought USDT with Naira, sent it across, and her cousin converted it to local currency to use. Beyond that, you can benefit from the ecosystem without buying an asset. We have people earning through content creation, community management, carbon credits, and applying blockchain to agriculture and real estate. In real estate, tokenization allows properties and land plots to be visually represented on-chain, bringing transparency and eliminating situations where multiple people unknowingly buy the same plot of land.

With high-yield promises frequently trapping unsuspecting individuals, what are the primary red flags people should look out for to identify legitimate opportunities versus scams?

The only reason you get scammed is because you are looking out for how to make money quickly. If that is your goal, the probability of getting scammed is about ninety percent. Most scam platforms have red flags like guaranteed returns such as promising twenty to fifty percent profit in a month, which is unsustainable. You want to ask who the people behind the project are, how long they have been in the system, and crucially, how the platform makes money. If they do not have a proper business model, it is a scam. Furthermore, any platform selling an exaggerated lifestyle of driving exotic cars is a major warning sign. Always check the project’s utility and fundamentals.

Considering market volatility and the emotional toll of trading, why should anyone still consider investing in the digital asset space?

The skepticism should be about aligning with your personal financial goals. If you want to invest long-term, I always say buy Bitcoin and forget about it. However, you must also understand how to store your assets securely. We have non-custodial wallets that give you total control over your private keys, meaning you are responsible for keeping them safe. If you misplace them, no one can recover them. When looking to invest in assets, you should check coin marketplaces to look at the top twenty assets with high market capitalization, high liquidity, and proven use cases-such as Bitcoin, Ethereum, and XRP. Diversification is also important; do not put all your eggs in one basket, but spread your capital across stocks, real estate, and crypto.

What is your take on regulatory developments in Nigeria, particularly concerning policies like the recent tax and stamp duty frameworks on digital transactions?

The Nigerian government is doing a very good job trying to regulate the space and make it safer. Adoption in Nigeria has grown rapidly because people want a fast method to hedge against currency instability and execute cross-border transactions. However, when you introduce policies like a 1.5% stamp duty on transactions, it creates friction. For instance, if you charge that on stablecoins meant to remain pegged one-to-one, it de-pegs the asset and forces users to pay extra fees to the government, which does not make economic sense. If policies make the business environment unfavorable, startups will migrate to more welcoming economies. Policymakers need to focus on how to grow the space and attract global compliance rather than driving innovators away.

How is Liquid Ramp addressing market friction, and what final piece of advice do you have for aspiring participants?

Liquid Ramp started in 2020 out of the challenges within the P2P space, because sending money globally should be as easy as sending a text message. We aggregate liquidity from different P2P platforms and people who want to buy and sell, connecting buyers and sellers securely as a business-to-business network without holding user funds, while actively blocking bad actors. My final advice is simple: the best investment you can make is knowledge. Before you make any financial decision, you need the right knowledge to navigate the market safely, understand the risks involved, and avoid getting unnecessarily burnt.

Organisations are transforming with sustainability implementation

The sustainability implementation journey is an opportunity for transformation, tailored to priority areas aligned with an organisation’s strategic priorities. It will therefore mean different things to different organisations.

However, while these priority areas may differ, organisations share a consistent theme in how they approach their sustainability implementation journey.

Organisations are embedding sustainability into the development of new products and services, including innovation across existing ones. It’s increasingly a focus as organisations navigate rapid technological change across society, blurring lines between traditional industries, and shifting customer preferences.

Having the products and services that meet customer expectations is a big part of staying relevant for longer. Organisations are also transforming their supply chains to build resilience for navigating disruptions. It includes efforts to identify the right partners, strengthen those partnerships and leverage each partner’s unique strengths to deliver synergies for the customer.

Uncertainty is the new normal and organisations are maximising control over sustainability implementation to gain insights across their value chain. This includes measuring and reporting greenhouse gases and transforming the business model through a tailored, organisation-specific decarbonisation pathway to build a climate-resilient business.

This includes efforts such as efficient resource utilisation and other cost-reduction initiatives. Organisations also recognise the need for leadership-level ownership of the sustainability agenda.

As a result, organisations are actively including sustainability implementation in the terms of reference for various board committees. Closely linked to this effort is the investment organisations are making in capacity building for the board and staff.

It ensures organisations have the skills and competencies needed to implement their sustainability agenda successfully. These investments include the systems, tools and processes required.

Technology investments for sustainability are another focus area for organisations. For example, artificial intelligence can profoundly impact an organisation’s sustainability transformation.

From data collection and automated sustainability reporting to supply chain monitoringand scenario analysis, technology can transform the entire organisation.

Technology provides the tools to translate complexity into financial insight and aid decision-making. Organisations cannot sit on the sidelines of sustainability transformation but must actively participate in the integration of sustainability across the business.

While organisations face numerous challenges in today’s operating environment, immense opportunities remain to navigate them successfully and build long-term sustainable value for stakeholders.

Georgia interested in restoring strategic partnership with US

Georgia is interested in restoring its strategic partnership with the United States, Georgian Prime Minister Irakli Kobakhidze said.

Kobakhidze said he had brief conversations with US President Donald Trump and Secretary of State Marco Rubio on the sidelines of the 81st session of the UN General Assembly.

The Prime Minister stressed that the importance of restoring the strategic partnership between Georgia and the United States was highlighted during the conversations. He described his brief exchanges with Trump and Rubio as positive.

Kobakhidze said Georgia had already taken certain steps toward returning bilateral relations to their previous strategic level and was now waiting for reciprocal steps from Washington.

He stressed that Tbilisi’s goal was to restore the strategic partnership with Washington and said Georgia had taken steps on its side while expecting reciprocal action from the United States.

Azerbaijan, Vista Equity Partners discuss investment opportunities

Azerbaijan’s Economy Minister Mikayil Jabbarov has met with Robert F. Smith, founder and chairman of Vista Equity Partners, to discuss investment opportunities and prospects for attracting international capital to the Azerbaijani economy.

The meeting was held on the sidelines of the 2nd Azerbaijan International Investment Forum.

The sides exchanged views on Azerbaijan’s investment potential, economic reforms being implemented in the country and opportunities available to international investors.

They also discussed new opportunities emerging in global financial markets and their potential to support investment flows into Azerbaijan.

The meeting focused on areas of mutual interest, including potential new investment directions and prospects for expanding cooperation between Azerbaijan and Vista Equity Partners.