Endeavour magazine - June 2024

JUNE 2024 www.littlegatepublishing.com

BARRICK GOLD CORPORATION Barrick projects in Zambia and DRC

KANU EQUIPMENT

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The proud guardian of Sudan’s substantial gold resources, Ariab Mining Company Ltd is targeting portfolio diversification in conjunction with international investors.

As the mineral-rich republic’s leading operator in gold exploration and exploitation, the ambitious company is seeking to dig deeper and unlock additional value in several existing mines and highly prospective exploration tenements.

With the goal of achieving long-term value that is strategic, significant, and sustainable, the state-owned firm is on a quest to increase technology acquisition to develop a world-class project pipeline. The forward-thinking enterprise is adopting winning strategies, transforming operational performance and delivering step-change improvements throughout the value chain – from strategy to capital productivity and to developing skills in local communities. With Sudan introducing investment laws that match international standards, now is the ideal time for intelligent investors to bring knowledge and technology to achieve lucrative rewards.

Ariab Mining Company LTD Al Baladia St. corner with Osman Digna St. Block no 10/11 H- Building N. 1 Khartoum East, Sudan T: +249 8377 0127 - 8374 2133 | F: +249 1 8377 0404 | E: public@ariabmining.com

Heads of Departments Editor-in-Chief Carley Fallows editor@littlegatepublishing.com

Editor’s Note

Advert Space Director Emlyn Freeman emlynfreeman@littlegatepublishing.com

Welcome back to Endeavour Magazine!

Project Director Andrew Richards andrew@littlegatepublishing.com

It’s June and that means we’re already halfway through 2024! Whilst that may be a slightly scary thought, it does mean, for us here in the UK, that Summer is just around the corner and we here at Endeavour are definitely looking forward to some much-needed sunshine!

Commercial Manager James Hamilton james@littlegatepublishing.com Lead Designer Adam Knights Research Kristina Palmer-Holt Editorial Research David Craig Corporate Director Anthony Letchumaman anthonyl@littlegatepublishing.com Founder and CEO Stephen Warman stevewarman@littlegatepublishing.com For enquiries or subscriptions contact info@littlegatepublishing.com +44 1603 296 100 ENDEAVOUR MAGAZINE is published

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Littlegate Publishing Ltd does not accept responsibility for omissions or errors. The points of view expressed in articles by attributing writers and/or in advertisements included in this magazine do not necessarily represent those of the publisher. Any resemblance to real persons, living or dead is purely coincidental. Whilst every effort is made to ensure the accuracy of the information contained within this magazine, no legal responsibility will be accepted by the publishers for loss arising from use of information published. All rights reserved. No part of this publication may be reproduced or stored in a retrievable system or transmitted in any form or by any means without the prior written consent of the publisher.

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We kick off this edition with a brilliant insight into the Boundiali Gold Project taking place in Côte d’Ivoire with Aurum Resources Limited. We were lucky enough to talk to Dr. Caigen Wang who is managing director of Aurum Resources and has just been on the ground in Côte d’Ivoire. He told us of the exciting developments currently taking place and we look forward to seeing how the project continues to expand over the coming months.

We also got to hear valuable insights from two key companies under the Delina Group of Companies umbrella. We first got to chat with Edgar Mosha, General Manager of Delina Oil and Gas Distributors Limited and saw the vast role the company plays in the commercial distribution of oil and gas in Eastern and Southern Africa. We then turned to Kobil Tanzania Limited and saw how it is working to provide its clients with excellent customer service throughout the oil marketing industry, with a particular focus on the transportation, storage, buying and sales of petroleum in the same region.

Among another great selection of companies across the ports, shipping, and manufacturing sectors, we also have Sai Substrates a sustainable company working to develop the agriculture sector towards the future. The company has manufactured cocopeat grow bags which use the by-product husks from the coconut industry. These bags are designed to meet the growing demand for crops throughout the world, whilst working to protect the resources of the planet in the process.

We hope you enjoy this edition of Endeavour Magazine!

by Carley Fallows Endeavour Magazine | 3

Features 12 Aurum Resources Limited

The Boundiali Gold Project: Exploring Côte d’Ivoire’s Gold Deposits

18 Barrick Gold Corporation: Zambia

The Lumwana Mine: Producing Copper for the Future

24 Barrick Gold Corporation: DRC

The Largest Gold Mine in Africa

28 Kanu Equipment

Supporting Customers Everyday

34 The United Republic of Tanzania Ministry of Minerals

Harnessing Minerals for the Future

42 Inchcape Shipping Services

Data-Driven Solutions

50 Sai Substrates

20 Years of Cocopeat Development

54 PLIPDECO

Innovative Management Solutions

58 Maldives Ports Limited.

World-Class Port Services

64 Carver Companies

Over 30 years of Superior Solutions

70 Gibraltar Port Authority BARRICK GOLD 1 | Endeavour Magazine

Boosting Gibraltar’s Tourism Industry

78 Delina Oil and Gas Distributors

Transportation Solutions for the Energy Industry

80 Kobil Tanzania Limited

Fuelling Tanzania

82 Department of Culture and Tourism: Abu Dhabi

Sustainable Growth for Tourism in Abu Dhabi

90 National Bank of Rwanda

Ensuring Financial Stability

94 SAM Mouldings

Family-Run Manufacturing

Articles 6

Business Headlines

Asia/Oceania Africa Americas Middle East Europe

54 Amazing World

Archangel Ancient Tree Archive

88 Tourism and History

The Fairy Pools of Skye

KANU EQUIPMENT Endeavour Magazine | 2

Business Headlines

Asia/Oceania Environmentalist Alok Shukla Awarded with Prize Alok Shukla, an environmentalist, has been awarded the Goldman Environmental Prize for his work to protect the Chhattisgarh Forest in central India. The forest is home to thousands of tribespeople, as well as a plethora of rare and endangered animals and plants. However, many billion-dollar companies have been trying to secure plans to develop mines across the forest to access the coal beneath its surface in recent years.

Shukla led a community campaign which stopped the planned mines and saved 445,00 acres of the forest. All 21 proposed coal mines were cancelled by the government in 2022, and so his work was vital in saving such a biodiversity-rich forest. This commitment and campaign to saving the forest was recognised by The Goldman Environmental Prize which celebrates grassroots environmental leaders who are taking significant action to protect the planet.

Floods and Cold Lava in Indonesia

Following heavy rainfall across the western island of Sumatra, the island’s residents experienced widespread flash flooding, and ‘cold lava’. ‘Cold lava’ is a mixture of volcanic material and stones washed down the sides of volcanoes during heavy rains. It typically ranges from 0-100°C, but it is most often below 50°C. The floods and cold lava triggered mudslides across two districts causing damage to more than 100 homes and killing at least 41 people.

For many a significant part of the flooding came overnight leaving people in difficulty trying to escape in the dark. The worst affected areas were the Agam and Tanah Datar districts, with the worst-hit village in Canduag. The flooding marks another devastating natural disaster in Indonesia which has been hit with multiple volcanic eruptions and flash floods over recent years.

Extinct Bird Feather Auction Breaks World Record The feather of the now-extinct New Zealand huia bird has sold for a remarkable NZD$46,521.50 at an auction house in Auckland. The bird feather is a sacred symbol to the Māori People, with the feathers often being used for headpieces worn by chiefs. However, the bird, of the wattle family, has been thought to be extinct since 1907. The bird was known for its plumage, in which the feathers had a distinctive white tip across the edge. Therefore, the rarity of the feather had auctioneers expecting it to go for a price close to $3,000.

However, at the auction, the sale of the rare feather saw a 450% increase from the previous record set at the sale of this type of bird feather, with its selling for almost NZD$50,000. The feather has become a target for collectors and fashion merchants worldwide, and so this high sale price point highlights just how sought after the rare feathers of this type of bird are.

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Africa

Internet Outage across Africa

Users in many countries across Africa experienced poor connectivity caused by faults in the under-sea cables which connect the region with the world via South Africa. The widespread disruption led to many in Kenya, Tanzania, Rwanda, and Uganda reaching out to their service providers asking why the connectivity was so poor. Users were then informed that an issue with the under-sea cables had occurred and was being worked on.

The internet blackout follows a similar one in March affecting service across South Africa, Nigeria, Ivory Coast, Liberia, Benin, Ghana, and Burkina Faso. This outage was also the result of cable failures; however, the exact cause is not clear. According to Liquid Intelligent Technologies, the most recent outage was confirmed to have been caused by the cable running along the coast of East Africa being cut just north of Durban in South Africa. However, the company ruled out that the damage was due to sabotage.

Chef Opens South Africa’s Fine Dining Halal Restaurant Chef Anwar Abdullatief has opened his restaurant The Happy Uncles in South Africa which is catered towards producing fine dining meals which are entirely halal. Having spent almost 20 years working in some of the country’s finest kitchens, Abdullatief noticed that a lot of the meals were made using ingredients such as alcohol, bacon, or Parma harm, which meant that he could not try them as a Muslim who abstains from all three.

Therefore, he set out on a mission to create his own restaurant where the menu was entirely halal.

This is where Happy Uncles was born, with the name being a play on his previous café, My Cross Aunt (itself a take on the word croissant). The Happy Uncles restaurant now fits a necessary niche in South Africa’s hospitality market, to provide a fine dining experience where every meal is halal.

EarthRanger Used to Track Endangered Animals in Kenya Sera Conservancy is a community-led rhino conservation effort which is working to protect the rhino population in Kenya. Rhino populations were previously declining in the early 1990s in northern Kenya due to poaching. However, ongoing conservation efforts have seen the populations of black and white rhinos continue to grow in the country, with 1,900 rhinos reported by the Kenya Wildlife Service in the region in 2022.

Sera Conservancy has been championing these conservation efforts. However, the project is mindful of not wanting to cause unnecessary intervention, so it has implemented the use of EarthRanger, a conservational technology tool that lets the team monitor the movements of the rhinos – especially those that are pregnant. The EarthRanger services allow the conservation team to maintain a good overview of the location and movement of the rhinos.

The device is fitted to the rhinos’ horns and ears and sends real-time GPS location to the conservancy’s operations centre. The team can then use drones to assess situations from afar should any rhinos suddenly need urgent help.

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Americas

Could Venezuela be the First to Lose its Glaciers?

Sperm Whales Use ‘Phonetic Alphabet’ Scientists studying sperm whales around the Caribbean Island of Dominica have published a study which outlines how these whales have developed a sort of ‘phonetic alphabet’ to communicate. Through a series of rapid clicks made by squeezing air through their respiratory systems, the sperm whales have built a morse-code-like language that resembles the basic building blocks of how humans use language.

Researchers at the Project Cetacean Translation Initiative (CETI) have been working with machine learning to create an underwater recording studio to examine the types of calls made by 60 types of whales, whilst also monitoring what they were doing whilst making these calls. Whilst the teams still don’t know what the sperm whales are saying through its ‘phonetic alphabet’, it hopes with continued research that it can start to resemble what each sound may mean with contextual clues.

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In the last century, Venezuela has lost at least six of its glaciers as global temperature continues to rise and melt the ice. This has already led to an increase in sea levels around the world, and the International Cryosphere Climate Initiative (ICCI) has outlined on X that the final glacier in South America, the Humboldt (or La Corona) in the Andes is reported to be ‘too small to be classed as a glacier’. This follows researchers from the University of Los Andes in Colombia reporting to AFP that the glacier has shrunk to just two hectares from 450.

The ICCI and International Centre for Integrated Mountain Development outlines that glaciologists often define glaciers as a mass above 10 hectares that deforms under its own weight. Therefore, whether the glacier in Venezuela can still be classed as a glacier in under contention. To slow down the thawing process of the ice, the government has set out a range of measures including a project announced in December last year to cover the remaining ice with a thermal blanket in the hope of stemming the ice melting.

Deadly Floods in Brazil At least 90 people have been killed in the Southern state of Rio Grande do Sul in Brazil. Heavy floods across the south of Brazil led to extreme widespread flooding in more than 150 municipalities as the rivers flooded and covered whole towns, whilst destroying roads and bridges in the process.

Authorities quickly declared a state of emergency and began a search for over 100 people who are still unaccounted for.

Almost half a million people were without power in Porto Alegre and surrounding towns, as the electricity companies were forced to cut off security supplies in flooded neighbourhoods.

Extreme flooding and widespread devastation have become a common occurrence across the world as climate change brings with it more severe and damaging weather systems.

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Middle East

Iran Enters into 5 Days of Morning After President’s Death The president of Iran, Ebrahim Raisi, and the country’s foreign minister, Hossein Amirabdollahian, were killed in a helicopter crash following poor weather conditions in the country. Following an overnight search for the craft, officials discovered the helicopter in the East Azerbaijan province. All eight people on board were killed in the crash.

The country has now entered into a period of 5 days of mourning in memory of the president and foreign minister. The country has seen Iranians come together across the country to pray for the officials. All official government offices and private businesses across the country will be closed for the funerals of the victims of the crash.

An interim president and foreign minister have currently been put into place and could be replaced following a new presidential election to take place in the coming month.

Waste-to-Energy Plant developed in Dubai Waste has long been a hot topic across the world, as the amount of waste we produce continues to increase and often ends up in giant landfill sites.

However, Dubai is utilising household waste across the country to transform 2 million metric tons of waste rubbish into electricity.

The Warsan Waste Management Company will convert waste into energy by burning the trash, using the heat to create steam, and then directing the steam to drive a turbine. The turbine will then generate electricity, completely powered by the waste products produced from household rubbish.

This is a process which has been used for more than 100 years, however, the Warsan Waste Management complex will have greater control over pollutants which is released when burning waste.

Although not all pollutants can be filtered out, so carbon dioxide is still produced. However, as the facility is replacing the use of fossil fuels, it believes that its overall result is positive for the planet.

Usyk and Fury Fight It Out In Saudi Arabia To determine the title of ‘Undisputed Heavyweight Champion of the World’, Ukraine’s Oleksandr Usyk and the UK’s Tyson Fury battled it out at the Kingdom Area in Riyadh in Saudi Arabia. Fans for both sides flocked to the area to see who would take the crown. The fight came down to a split decision, with Usyk reining champion taking the world’s first undisputed title in 25 years.

Usyk now joins fighters such as Lennox Lewis, Muhammad Ali and Mike Tyson who were also undisputed heavyweight champions. The fight for the title was the first since boxing recognised four major belts in 2007. Whilst Fury officially lost the match, he has already called for a rematch later this year.

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Europe

Gene Therapy Restores Hearing

A young girl named Opal Sandy has been treated using a ground-breaking gene therapy treatment which has allowed her to now hear unaided after being born deaf. The therapy works by replacing the faulty DNA which causes the type of inherited deafness that Opal was born with. Through a modified, harmless virus, the procedure delivers a functioning copy of the Otof gene into the cells, which if successful means that patients may be able to hear sounds again. For Opal, the procedure was successful, and she now can hear loud sounds in the ear which underwent the gene therapy treatment.

Currently, the common treatment for deafness is a cochlear implant which provides the user with the sensation of hearing by stimulating the auditory nerve that communicates with the brain. This system avoids the damaged sound-sensing cells. However, the gene therapy that Opal experienced could provide great development for those born with deafness.

Switzerland Win Eurovision 2024 The international singing competition returned once again with countries all over the world competing to win the Eurovision title. 25 countries took part in the 2024 competition with Switzerland’s Nemo taking the top stop with their song The Code. The song combined hip-hop and opera and received 591 overall points coming top in the jury vote. Nemo’s performance was closely followed

by Croatia in second place which saw the catchy song Rim Tim Tagi Dim from performer Baby Lasagna take second place. Ukraine also made another impressive attempt at the title with the song Teresa and Maria performed by Alyona Alyona and Jerry Heil which came third.

The competition however was shrouded in debate as Eden Golan performed for Israel receiving a mix of reactions from fans and performers alike. The reaction comes as many viewers and performers alike voiced that Israel should not have been allowed to enter a song into the competition due to the ongoing Israel-Gaza War. Despite the controversy, Golan placed fifth in the competition with 15 countries giving her performance the maximum score of 12 points in the public vote.

UK Sees Northern Lights Across Whole Country Many people across the Northern Hemisphere were lucky to see vivid northern lights in places where they can’t typically be seen. This was the case in the UK where people from north to south could see beautiful lights across the sky. People in London could even see the northern lights, even with the excessive light pollution, which was a surprise for many. The lights were visible as the most powerful solar storm in more than 20 years hit Earth’s atmosphere leading to the celestial light shows.

The last solar storm of this kind of size occurred in 2003 and caused widespread blackouts in Sweden.

Solar storms are caused by energy and small particles from the Sun reaching Earth’s atmosphere and then being drawn to each of the poles. When these magnetic particles react with the gasses in the atmosphere a range of different colours are produced, creating the aurora. The Sun is currently in a pivotal stage of its 11-year cycle, and this is what is causing the massive amount of magnetic energy being produced from it via solar flares.

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THE BOUNDIALI GOLD PROJECT: Exploring Côte d’Ivoire’s Gold Deposits

Aurum Resources Limited chevron-square-right www.aurumres.com.au/boundiali-gold-project/ phone-square 661 8 6559 1792 envelope-square contact@aurumres.au

Aurum Resources Limited

Aurum Resources Limited is an international ASX-listed Australian gold exploration company with projects spanning from its base in Australia all the way to Côte d’Ivoire. Its current major exploration work has been towards the Boundiali Gold Project in Côte d’Ivoire, where the company is working across four neighbouring exploration tenements which are delivering significant results and further partnerships for the project’s continued development. As such a current project, we are delighted to have been able to catch up with Dr. Caigen Wang, Managing Director of Aurum Resources, who has been on the ground in Côte d’Ivoire and has updates on the most recent developments of the project as it continues to mark a significant exploration step for the company and Côte d’Ivoire’s mining sector.

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C

ôte d’Ivoire is home to 34% of West Africa’s Greenstone belt which hosts a wealth of rich gold deposits. Therefore, the mining industry in the country has long been a rich and lucrative industry which benefits from Côte d’Ivoire’s stable political government and strong economic performance. This rich deposit potential has already seen eight mines operating within the region from companies such as Barrick Endeavour, Perseus, Tietto, Allied Gold and Fortuna. However, Aurum Resources identified sites of underexplored discovery potential across the belt in Côte d’Ivoire and so began operations towards the Boundiali Gold Project.

Across the Boundiali Project, Aurum Resources operates a network of diamond drill rigs to access and study the ore potential of the region. These rigs are known for reducing drilling costs by up to 65%, which in turn needs less capital to keep the operation running. In addition, its ownership of the drill rigs minimises dilution and can fast-track the mined resource growth. For the project, Aurum Resources purchased two diamond drill rigs and the first 26,000 diamond drilling consumables. Just last month, Aurum Resources announced the addition of a third rig which will continue to help the company expand its operations across the project site.

The Boundiali Gold Project, therefore, is located within the Greenstone belt home to the large Syama and Sissingué gold mines which are 11.5Moz and 1.0Moz respectively. The project comprises four neighbouring exploration tenements with the first being the Boundiali Minex Tenement PR0893 (BM) spanning 400 km2. BM’’s holder is Minex West Africa, from which Aurum is earning 80-88% interest through its subsidiary Plusor Global Pty Ltd. This interest is achieved through the expansive diamond drilling programs reaching up to 8,000m. This drilling program will cover a first diamond drilling hole of 400m, to earn 30% interest in the tenement. Then, following a second 400m diamond drilling hole, Aurum will accumulate a further 51% interest leaving it with a total 80% interest in the BN tenement exploration. The total exploration expenditure of USD 2.5million with the additional normal diamond drilling cost of USD 140/m in calculators for expenditure commitment. Therefore, Aurum will play a vital role with 80-88% interest in the future of the gold exploration development.

The second key tenement is the Boundiali DS Tenement PR808 (BD), which covers 260km2 and is held by DS Resources Joint Venture Company of

The Boundiali Gold Project: Exploring Côte d’Ivoire’s Gold Deposits

Endeavour Magazine | 4

Aurum Resources Limited

which Aurum has an 80% share capital ownership again through its Plusor subsidiary. The diamond drilling at BD has allowed Plusor to acquire its 80% ownership from DS Resources Joint Venture Company’s two shareholders; Ds Resources Sarl from which Plusor acquired a 45% share capital and a further 35% share capital from Turaco Gold Ltd. The acquisition from Turaco Gold comes from Plusor drilling 3,500m diamond holes in Turaco’s other gold projects in Côte d’Ivoire however this is yet to be carried out.

The third tenement spans 167.34 km2 and is located directly south of the BD and BM tenements. Boundiali South Tenement PR414 (BST) is an exploration site which has been granted to Predictive Discovery Côte d’Ivoire 10 years ago in 2014 and now is currently under renewal. Predictive Discovery Côte d’Ivoire SARL’s ownership is split 89% to Turaco Gold Limited and 11% to Predictive Discovery Limited. However, Predictive Discovery Limited has an agreement to a 100% sale to Aurum Resources subject to it obtaining a renewal of BST and being satisfied with the terms of the renewal.

In addition, the sale terms agree that it will not 5 | Endeavour Magazine

restrict exploration or potential future mining rights and that all developments will gain all required Governmental approvals.

The final Boundiali North Tenement PR283 (BN) has seen some exciting new developments with the recently announced partnership between Geb & Nut Resources SARL (GNRR) and Plusor Global Pty Ltd. The partnership between Aurum Resources’ subsidiary and the Ivorian company aims to continue the exploration and development of the BN tenement. Located immediately north of the BD tenement, the BN tenement covers 208.87km and is currently under renewal in accordance with Côte d’Ivoire’s mining code. From recent step-back drilling at BD, it has ported 90m at 1.16g/t Au from 143m and grades up to 16.82g/tAu1. Upon grant of a new exploration licence, Aurum Resources and GNRR will jointly move forward in the systematic exploration of the tenement. As part of the agreement, Aurum will earn increasingly more interest over the licence grant, with 35% interest upon spending USD 1.2 million within 36 months, 51% interest by spending USD 2.5 million within 60 months, and 70% interest upon completion of the pre-feasibility study for the site.

The Boundiali Gold Project: Exploring Côte d’Ivoire’s Gold Deposits

Upon the granting of a mining exploration licence, the ownership structure will see Aurum Resources with 70%, GNRR 20% and the final 10% with the Ivorian Government.

The partnership between Aurum Resources and the Ivorian-owned GNRR marks a big milestone for the Boundiali Gold Project as it continues to develop and bring in more investment from local companies.

Managing Director of Aurum Resources, Caigen Wang, highlighted that “this partnership with Geb & Nut Resources is a significant step in expanding our footprint at Boundiali with the addition of the exciting Boundiali North tenement. Our existing knowledge of the region’s geology and mineralization will be invaluable as we explore BN.”. He continues, “We are grateful for GNRR’s confidence in our exploration capabilities and are eager to unlock the potential of

this highly promising tenement. The addition of this new joint venture project strengthens our belief in the potential for discovering a multi-million-ounce gold resource at Boundiali”.

As Aurum Resources moves towards the future it plans to continue its high-intensity exploration activities at Boundiali with ongoing scout drilling and assay results expected in the coming weeks.

With an unaudited cash balance of ~A$6 million behind it, the company is comfortably on track to continue to develop its operations across the Boundiali exploration site. We look forward to seeing the inaugural resource estimate by late CY2024, as Aurum continues to expand its exploration and drilling operations to make the most of the rich gold deposits available to the region.

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THE LUMWANA MINE: Producing Copper for the Future Barrick Gold Corporation: Zambia chevron-square-right www.barrick.com/English/operations/lumwana/default.aspx phone-square 260 211 257 643/4

Barrick Gold Corporation: Zambia

With a portfolio spanning some of the world’s most prolific copper and gold deposits, Barrick Gold Corporation is a sector-leading gold and copper producer which has an impressive portfolio of high-margin, long-life assets across many prolific copper and gold regions. With these assets, Barrick is focused on delivering continued economic benefits to all of its stakeholders, whilst remaining committed to partnerships within host communities to transform the natural resources of these regions into tangible benefits and mutual prosperity. As the global energy transition continues to take the forefront of the development on a global scale, the mining industry has made key investments into copper mining operations as the metal plays such a valuable role in facilitating the future of renewable energy options.

Therefore, Barrick has made a crucial development into Zambia’s Copperbelt to source this valuable resource set on shaping the future of energy development.

B

arrick operations span 13 counties with 16 current sites of operation building both copper and gold deposits. However, a key producer of copper for Barrick is in Zambia, where a significant copper deposit can be found. Zambia is one of the largest copper producers on the planet contributing around 4% to the global copper production figures. Copper is fundamental to the global transition towards renewable energy, as it plays a vital role in energy infrastructure, energy storage systems and electric vehicles. However, one of the main issues with the development of copper deposits across the globe currently, is the geopolitical environment in which many are found which has made the supply of the ore often unstable.

Zambia, alternatively, is home to a fairly stable geopolitical climate and so the country is a valuable player in the future of copper development as it works to meet the growing demand for copper on a global scale. This growing demand has already been key to Zambia’s economic growth and the country expects to see a sharp increase over the next few years with an estimated production close to 1 million tons by 2026. Whilst Zambia cannot yet rival the outputs seen in places such as South America, the Zambian government has been investing in the industry and hopes it will one day rival some of the largest copper producers on the planet and subsequently bring exponential economic growth to Zambia in the process.

Barrick’s leading copper operation in Zambia is in the Lumwana Copper mine located 100km west of Solwezi in Zambia’s Copperbelt.

The region is one of the most prospective copper deposits in the country, and produces predominately sulphide, which, once treated throughout a conventional sulphide floatation plant, produces copper concentrate for use in a whole range of renewable energy operations.

The Lumwana Copper Mine is a conventional open pit mine site, utilising truck, and shovel operations. The mine has a proven and probable copper reserve of 3.0 million tonnes, with 4.0 million in inferred copper resources.

In 2023, the mine produced 118,00 tonnes of copper, and by 2024 is set on improving on this figure to grow its role in the global copper production industry.

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Barrick Gold Corporation: Zambia

Copper is used throughout wind turbines, generators, transformers, inverters, electrical cables, power electronics, information cables, solar thermal and cooling energy systems, and solar panels. Therefore, the production of this ore is vital to supporting the infrastructure of the future, especially in the creation of turbines, solar panels and generators which will lead the world towards a future that is run on renewable energy solutions.

One of the other major benefits of copper is that it is completely recyclable and actually has a much higher recycling rate than any other metal. Even through this recycling process, copper benefits from never losing any of its beneficial properties such as conductivity. Therefore, copper once formed into a metal ore is such a versatile and crucial metal that will continue to play a vital role in energy transmission networks now and for many years to come.

To enhance the copper output of the Lumwana Copper Mine, Barrick has set out its Super Pit expansion project which aims to transform Lumwana into one of the world’s major copper mines with an annual production output of around 240,000 tonnes per year over a lifespan of 30+ years. As part of the project, Barrick will be working alongside Zambia’s 5 | Endeavour Magazine

government to help on their mission to significantly revive the country’s copper industry over the next decade. The project is estimated to cost close to $2 million, and the construction of the Super Pit expansion is planned for the end of this year.

Barrick’s announcement of the Super Pit expansion project in January highlighted how since 2019 Lumwana has contributed close to $3 billion to the Zambian economy spanning from royalties, taxes, salaries and the procurement of goods and services from local businesses. Therefore, we can already see the vast role that Barrick’s Lumwana project has played in developing the Zambian economy, which has seen significant economic benefits to stakeholders across the sector. This has been particularly seen in businesses and employment within the local community which are responsible for $472 million in procurement and covers more than 81% of the total spending for Lumwana.

To further align the operation of the Lumwana Mine with the people of Zambia, Barrick has launched its Business Accelerator Programme

The Lumwana Mine: Producing Copper for the Future

which is designed to build the business capacity of Zambian contractors across its supply chains.

The programme will therefore equip them with the ability to grow and diversify each of the contractors’ enterprises which will sustain their businesses for years beyond the life of mine span of the Lumwana Mine. This key fostering of relationships within the country, and the sustainability of its operations, is something that President and Chief Executive of Barrick Gold Corporation, Mark Bristow, outlined in the project’s development press release. Bristow outlined that, “In line with Barrick’s partnership philosophy, our RED++ initiative will uplift our host communities through conservation of the natural forest surrounding the mine. Resources have already been allocated and engagement with the communities is underway. We are in discussion with the Ministry of Green Economy and Environment to facilitate the required licensing and our partnership with local government”.

As we have seen from Barrick’s operation in Zambia, the copper industry is a rich and lucrative one that is set on delivering significant continued economic benefits for people across the country.

By working closely with the government and local stakeholders, Barrick has expanded the mine’s operation and is set on continuing this development to establish Zambia as a leading copper producer across the global mining sector.

With renewable energy set on taking centre stage for copper mining operations as the demand for sustainable energy solutions takes an even more prominent role in the world of the future, Barrick is strategically developing the Lumwana Mine to be a key supplier to these markets which will bring economic benefits to the people of Zambia in the process. We look forward to seeing how the Super Pit expansion continues to develop over the rest of the year, and as Lumwana takes centre stage as a key copper producer across the globe.

Endeavour Magazine | 6

THE LARGEST

Gold Mine IN AFRICA

Barrick Gold Corporation: DRC chevron-square-right www.barrick.com/English/home/default.aspx

Barrick Gold Corporation: DRC

Spanning 13 countries, with 16 sites of operation producing gold and copper worldwide, Barrick Gold Corporation is a global heavyweight in the gold mine sector. Its expansive portfolio can be seen across the world finding and operating some of the most prolific, high-margin, and long-life assets in the gold mining sector. Barrick Gold’s operations have key stakes in the Democratic Republic of Congo (DRC), where it operates the largest gold mine in Africa. With the vital development of the gold mining sector in the DRC, Barrick Gold has cemented its place as a key gold producer on both local and international scales. However, even with such a worldwide reputation for gold mining, Barrick Gold’s operations are always focused on stimulating thriving and sustainable economies for local communities.

I

n the DRC, Barrick Gold has the Kibali Mine Project located 220km from the Haute-Uele province.

The mine is owned by Kibali Goldmines SA (Kibali), a joint venture company with 45% ownership with Barrick Gold, 45% with AngloGold Ashanti, and the final 10% by Société Miniére de Kilo-Moto (SOKIMO).

The mine is operated by Barrick Gold, and in 2023 produced 343,000 ounces of gold in 2023. The mine has been in operation for the last 10 years, and over that decade has grown to now be the largest and most automated gold mine in Africa. With this vast expansion, the DRC has greatly benefitted from the mine seeing it boost a previously non-existent economy.

The mine itself combines both open pit and underground mining to retrieve the 4.7 million ounces of proven and probable gold reserves. The first gold was poured from the Kibali Mine Project in 2013 from its open pit operations. Shortly after, underground mining began, with the ore being truck hauled by a twin decline to the surface. However, in 2017, this system was replaced by a hauling shaft and materials handling system, which greatly increased the ore production operations.

Today the Kibali Mine Project is made up of 10 mining concessions and a metallurgic plant.

The plant comprises twin-circuit sulphide and oxide plants with conventional carbonin-leach, including gravity recovery as well as a floating and ultra-fine grin circuit.

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In addition to this, the Kibali mine is also home to 3 hydropower stations which in the first quarter of 2024 contributed a power blend average of 90.89%, with a generating average power output of 4MW at 0.09$/kWh. This shift towards hydroelectric power highlights Barrick Gold’s commitment to implementing green initiatives across its sites of operations to produce great economic benefits for the region, whilst limiting its impact on the environment.

To further facilitate the green electricity supply of the project, a new 16MW solar plant and a battery energy storage infrastructure are being commissioned to help offset the cyclical load on the energy grid and reduce the mine’s overall reliance on diesel-powered generators. It is expected that once in full operation, the miner’s overall renewable energy supply will increase from the current 81% to 85%, with the project running entirely on renewable energy for 6 months of the year.

The Largest Gold Mine in Africa

President and Chief Executive of Barrick Gold, Mark Bristow outlines this key development towards sustainability in a press release, noting that, “Bearing in mind that Kibali is also a leader in automation, the mine is a real role model for mining in Africa. As a long-standing partner of the Democratic Republic of Congo (DRC), we built Kibali in the remote northeast of the country, opening a new mining frontier and, in the process, also promoted the development of a flourishing local economy”. Bristow’s comments highlight the main goal of the project to deliver vital gold production, whilst always working to reduce environmental impacts where it can and create economic benefits for the DRC simultaneously.

As the Kibali mine looks towards the future, it is looking to enter into new gold and copper opportunities in partnership with the government of the DRC. The project’s commitment to boosting the local economy and reducing environmental impacts has already been vastly seen across its last 10 years of operation. Therefore, the project is looking to work more directly with the government to make vital steps towards making the mine project provide even greater economic benefits to the country. In addition to this, Kibali recently announced a key collaboration with the ARSP, a public regulator which oversees the country’s subcontracting sector, which has already seen a vital range of initiatives implemented to bolster Kibali’s leading local content strategy.

Overall, the Kibali Mine Project in the DRC highlights the joint venture’s commitment to developing the gold mining industry in Africa, whilst also implementing real change to local communities and the environment. Through a range of key investments, collaboration with local suppliers, and implementation of renewable energy initiatives, Barrick Gold and the Kibali Mine are setting up the project and country for continued economic, environmental, and social development for the future.

Endeavour Magazine | 4

SUPPORTING CUSTOMERS EVERYDAY Kanu Equipment chevron-square-right www.kanuequipment.com envelope-square marketing@kanuequipment.com

Kanu Equipment

Kanu Equipment is one of the largest dealers in West, East and Central Africa, and recently South Africa. Kanu Equipment proudly represents worldclass OEM brands such as Bell and Liebherr and supply and supporting the mining and construction industries.

Kanu is committed to providing worldclass quality equipment by supporting its customers throughout every step of their project journey. Our team of passionate industry experts paves the way forward for our valued clients.

K

anu Equipment began its operations in the Congo in 2012, with a mission to reduce the cost of operations in Africa, by providing its customers with the equipment to suit their specific application and needs. Kanu Equipment is not just about the delivery of these pieces of equipment. By purchasing your equipment from Kanu Equipment, customers gain confidence through accessing the company’s overall brand promise. A 24/7 commitment of being available to support you. Our team players co-ordinate with ease the company’s vast combined experience across the mining, earthmoving, construction, and agriculture industries. We take pride in supporting our customers in choosing the right products which are best suited for the job, no matter how challenging.

For Kanu Equipment, its distribution network spans the majority of Africa, with a prominent presence in Botswana, Cameroon, the Democratic Republic of Congo, Ghana, Ivory Coast, Kenya, Namibia, Sierra Leone, South Africa, Tanzania, Zambia and Zimbabwe. In all of these countries, Kanu Equipment provides some of the industry’s leading heavy equipment to its customers. However, outside of this vast reach, Kanu Equipment also provides an international network of support, and aftersales services to customers in countries where the group is not currently physically present with the same distribution network.

One of the key sectors for Kanu Equipment is the agriculture industry, where it provides equipment which is mainly used in sugar plantations. Equipment under its agriculture sector covers the likes of agriculture tractors, articulated tractors, cane loaders, forklifts, haulage tractors, tandem tractors and versa lifts. These are all from leading brands such as Bell Equipment, Case IH and Kemach Forklifts all of which are known for their reliability and specialisation towards the agriculture sector.

Then, in terms of forestry, Kanu Equipment provides Tigercat loaders, drive-to-tree feller bunches, track feller bunchers, skidders, loggers, track harvesters, wheel harvesters, forwarders, felling heads, harvesting heads; Bell timber trucks and Bell loggers.

For the mining and earthmoving industry, Kanu Equipment is passionate about ensuring that it supports its customers not only with expert 3 | Endeavour Magazine

Supporting Customers Everyday

knowledge, competitively priced parts, spanning the sector by providing Liebherr crawler excavators, crawler loaders, crawler tractors, bulldozers, and wheel loaders which are best suited to the harsh mining conditions, and rough terrains that come with projects within the industry. Kanu Equipment supplies excellent brands such as McCloskey and Superior Industries which make a complimentary addition to the crushing sector of the open cast mining industry. In the construction sector, Kanu Equipment provides a further products such as skid steers, TLBs and graders from leading brands such as Case Construction and New Holland* (*available only in South Africa). Kanu Equipment’s provides topof-the-range Bomag heavy and light equipment for soil/refuse compaction, road repair, maintenance and construction. Therefore, Kanu Equipment is providing the essential machinery needed to complete challenges across a range of sectors, all of which are facilitated with world-class mining, loading, hauling and compaction equipment to benefit its client’s projects throughout its network.

All these equipment offerings are supported by Kanu Equipment’s technical teams which ensure that each customer can choose the equipment which is best suited to each project site, but will support its customers throughout its project life with technical teams, such as maintenance and repairs expertise. In the mining sector specifically, Kanu Equipment has vast experience across both underground and open-cast mining and so the company is ready to utilise this experience to provide its customers with the best equipment that is specifically suited to every mining operation.

A further key aspect of Kanu Equipment’s mining and construction equipment offerings is that it also provides a competitive rental service which gives customers the option and support to rent a piece of equipment. This can potentially save on overall project costs, whilst still making the most of the top-quality equipment that it has to offer.

As we have seen, a big brand that Kanu Equipment is proud to supply is Liebherr which is one of the world’s leading manufacturers of equipment Endeavour Magazine | 4

Kanu Equipment

across a range of different sectors. Each piece of equipment is designed to be technically innovative, user-oriented, and serving numerous different fields across the world. All these qualities align with Kanu Equipment’s mission to being the Most Supportive Dealership on the African Continent.

Through Kanu Equipment’s network, Liebherr mining and construction equipment serves countries such as Botswana, Cameroon, DRC, Kenya, Liberia, Namibia, Sierra Leone, Tanzania, Uganda, and Zimbabwe. Then, with earthmoving equipment, Kanu delivers Liebherr’s equipment across Benin, Botswana, Cameroon, Chad, DRC, Equatorial Guinea, Ghana, Kenya, Liberia, Niger, Nigeria, Rwanda, Sierra Leone, Tanzania, Togo, Uganda and South Africa. As we can see, thanks to Liebherr’s equipment, Kanu Equipment can serve a whole range of sectors across such a vast spread of Africa.

As Kanu Equipment focuses on the future it is looking into acquiring new and exciting partnerships with leading African equipment distributors. In September 2023, Kanu Equipment acquired Kemach 5 | Endeavour Magazine

Equipment South Africa which was known for its distribution of leading heavy equipment brands across South Africa. These brands include Liebherr, Bomag, and McCloskey, New Holland, Superior Industries and Kemach Forklifts. This extends Kanu Equipment’s span of product offerings, and distribution network across the continent. Kanu Equipment is proud to continue to increase its span over Africa, whilst providing an even greater variety of machinery offerings to its clients.

Overall, Kanu Equipment is committed to ensuring that its customers can carry out every project operation with ease, supported by the best machinery equipment and brands in the world. Kanu Equipment plays a valuable role in multiple sectors as a leading distributor for the African continent.

For Kanu Equipment, its customers remain the company’s central focus and throughout every operation, it is working to provide cost-effective and reliable machinery which in turn will help reduce the overall cost of operation across Africa on a daily basis.

Supporting Customers Everyday

Kanu Equipment and Liebherr Kanu Equipment’s collaboration with Liebherr is a testament to their commitment to excellence in the mining and construction industry. Liebherr, renowned for its innovative engineering and robust machinery, finds a worthy partner in Kanu Equipment, a company synonymous with reliability and superior customer support.

reputation for quality, providing clients with comprehensive support throughout the entire lifecycle of their machinery. Whether it’s procurement, maintenance, or technical assistance, Kanu Equipment stands by its promise to deliver excellence, ensuring that clients maximize the value of their investment in Liebherr equipment.

Through their partnership, Kanu Equipment ensures access to Liebherr’s cutting-edge technology, empowering construction professionals with top-of-the-line equipment capable of meeting the most demanding project requirements. From excavators to dozers, Liebherr machines deliver unmatched performance, efficiency, and durability, making them indispensable assets on any worksite.

In an industry where precision and reliability are paramount, Kanu Equipment’s partnership with Liebherr sets a new standard for excellence. Together, they pave the way for innovation and efficiency in mining and construction, empowering businesses to tackle challenges with confidence and achieve unprecedented levels of success.

Moreover, Kanu Equipment’s dedication to customer service complements Liebherr’s

With Kanu Equipment you are guaranteed to “Experience The Support”.

Endeavour Magazine | 6

HARNESSING MINERALS FOR THE FUTURE The United Republic of Tanzania Ministry of Minerals chevron-square-right https://www.madini.go.tz/ envelope-square ps@madini.go.tz

The United Republic of Tanzania Ministry of Minerals

Tanzania’s landscapes are rich with vital mineral deposits which today, thanks to the country’s key mining industry, is the 4th largest gold producer in Africa. With an abundance of minerals and natural resources such as gold, diamonds, gemstones, coal and natural gas at its disposal, the country’s economy has grown rapidly in line with mining operations to retrieve these resources.

Therefore, mining operations in 2020 accounted for roughly 7% of Tanzania’s Gross Domestic Product (GDP) figures, highlighting the prominent role the mineral sector plays in sustaining the country’s economy alongside the energy sector.

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A

s such a prominent industry bringing vital investment to the country, the President of the United Republic of Tanzania established the Ministry of Minerals as its own entity to promote, regulate and support the mineral sector to maintain its prominent role within the country in 2017. The United Republic of Tanzania’s Ministry of Mineral’s role will now be to formulate and monitor the implementation of mining policies, mine, geophysical and geological surveys, and mining commission affairs. In addition, the Ministry will work to bring value to the mining industry through local content, small-scale mining development, performance improvement, and cooperation with other ministerial departments, agencies, stakeholders, programmes, and projects. This vast role as a governmental body continues to provide the ministry with a stellar reputation for its management of these resources which provide substantial contributions to the national economy and the well-being of Tanzanians thanks to employment opportunities.

The United Republic of Tanzania Ministry of Minerals

Therefore, it is the Ministry of Minerals’ mission to effectively manage Tanzania’s mineral resources through sound policy and legal frameworks to play a vital role in bringing investment to the country and its mining industry. A crucial way that these investments are achieved is through networking to show the geological and infrastructural potential of a region to make investing in mining operations more attractive. Just last month Tanzania attended South Africa’s Mining Indaba Conference in collaboration with the Tanzania Chamber of Mines, which is one of the largest conferences in the sector. The Conference annually brings together about 900 key investors, 40 sectorial institutions and roughly 1000 executives from large companies. The conference serves as a platform for participating countries and organisations to build and strengthen their relationships and business networks across the international mining sector. The conferences provide an essential opportunity for organisations, such as the Ministry of Minerals to seek investment capital, learn about technological advancements in the sector, form partnerships for trade, and

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continue to share experiences to learn more about the sustainable management and development of the mining industry across Africa.

The Ministry of Minerals’ main focus at the conference was on advancing investment in mining to help accelerate prosperity for the country. This focus remains consistent with the government of Tanzania’s commitments set out in its ‘Vision 2030’ project which aims to facilitate more geoscientific Environmental Legal Services surveys to uncover the country’s mineral potential.

Social and Heritage Services Therefore, a large part of the Ministry’s time at Rehabilitation, Closure and Soilsinvestment the conference was spent promoting opportunities in the country’s mining sector Environmental, Social and Governance in things (ESG) such as exploration, extraction, and value-added activities. The government-owned Biodiversity and Nature Ministry hopes the conference will lead to further Information Systems (GIS) investmentGeographic over the coming year.

The conference was also the first time it has collaborated with Water Geosciences the privateClimate sector to facilitate Change Services its participation at the conference. For this, the Ministry thanked GISTM Compliance and Alignment its sponsors, which include some of the world’s leading mining companies such as Barrick Gold, Your Environmental Social Anglo Gold Ashanti, Tembo Nickel,and Shanta Gold, TRX Gold, Mantra Tanzania, PetraPartner.

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Harnessing Minerals for the Future

However, a key part of the Ministry of Mineral’s operations outside of the private sector is through strong relationships and partnerships with other vital mining industries within Africa. An example of this keen commitment to partnering with other governmental operations was seen in July last year when the United Republic of Tanzania Ministry of Minerals signed a Memorandum of Understanding (MoU) with the Ministry of Water, Energy and Minerals of the Revolutionary Government of Zanzibar.

This agreement continues the two ministries’ cooperation towards making key developments and investments in the relevant mining sectors to bring continuous benefits for both parties. Therefore, the Ministry’s role across the region’s mining sector is to ensure that it continues to bring vital investment that will help shape the future of the country and its citizens for the future through economic development and plentiful job creation.

As we have seen, the United Republic of Tanzania Ministry of Minerals highlights the crucial value that the mining industry provides to the country, and so throughout its operations, it works to ensure that this value continues to expand and with it comes significant investment for Tanzania. With

this investment, Tanzanian mining can continue to support and uplift the country by ensuring that the regulation, promotion and investment into the country’s natural mineral resources remains steady for future generations.

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DATA-DRIVEN SOLUTIONS Inchcape Shipping Services chevron-square-right https://www.iss-shipping.com

Inchcape Shipping Services

The origins of Inchcape can be traced back to 1847 when two Scottish merchants came together to form Mackinnon Mackenzie & Company (MMC). This company set the foundations for the Inchcape we know today, which is now one of the largest maritime services providers in the world. This global reputation has been established through its 240 worldwide offices, spanning 60 countries on the globe, and operated by over 31,000 committed and passionate members of staff across the maritime industry.

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he primary function of Inchcape is to utilise its expertise across the maritime industry to provide port agency services to ports across the world. These operations span from customs clearance, and cargo movement, as well as services to maritime vessels themselves to facilitate efficient repairs, maintenance, inspections, towage, and logistics services. With such a global reputation, Inchcape utilises its network to leverage global strength in the maritime industry for the benefit and strategic sourcing of operations for the benefit of its customers. To achieve this, Inchcape’s port agency operations procurement department is negotiating with service providers across the globe to achieve the most efficient and cost-effective solutions for its customers.

These solutions span the entire maritime service sector, as Inchcape provides a vast array of tailored solutions designed to meet the unique needs and specific requirements of each customer’s maritime operations. These solutions are made possible through Inchcape’s marine services division, which utilises the expertise of its teams and the knowledge of local suppliers to provide the most effective maritime solutions to its customers. However, to achieve this superior service across the world, Inchcape has a dedicated team working across global solutions which are providing customers with end-to-end solutions that take into consideration the potential risks that come with shipping across the world. Therefore, Inchcape combines its port agency operations, with its global network, on-theground expertise, and international compliance regulations, to provide the best possible service for its customers and help each one achieve their business activities to remain ahead of their competition.

The need to be competitive in the global maritime sector is something that Inchcape continues to develop through its implementation of digital technology throughout its operations. This focus on providing digital solutions is what separates Inchcape from its competitors as Inchcape is developing its service for the future of the shipping industry. Inchcape has taken its expertise across the international maritime sector and developed a range of systems which are designed to streamline operations to help the industry make better, faster, and more confident decisions which are backed by data.

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as it allows Inchcape to go beyond just port agency services that many of its competitors offer, and instead develop its technology solutions so that I can better understand the specific requirements, characteristics and essential steps that are needed to make the shipping industry run more smoothly. This data has been and continues to be gathered from ports, berths, and terminals across the world via the Inchcape network, and so provides customers with a better view of port calls and the necessary steps to make shipments easier.

The international sphere of Inchcape’s operations is something that it leverages to develop its port reputation around the world. Therefore, Inchcape remains focused on continuing to expand its network and bring its presence into new markets, whilst also adding more expertise across the international maritime industry to its data-driven solutions. In March, Inchcape announced that it was opening a new office in Busan, South Korea.

The opening of the office here marks a strategic milestone for the shipping solution company, as it reinforces its commitment to delivering exceptional maritime services in every corner of the globe. The new office will be located close to its customers, which will provide those in the South Korean market with direct access to Inchcape’s services and enhanced solutions.

Inchcape’s Korea Country Manager, SiChang Lee, outlined in the press release that “The Port of Busan, as the largest port in South Korea, presents a wealth of opportunities for Inchcape. With its ranking as the sixth busiest container port globally and its impressive container throughput of 22 million TEUs across 10 container terminals, we are now even better positioned than ever to serve our customers and cater to their diverse needs.”

SiChang Lee’s comments highlight the bustling hub that South Korea already is within the global shipping industry, and so with the expansion of Inchcape’s services to the country, it can gain access to this profitable market and deliver efficient, reliable, and data-backed solutions to a n Overall, Inchcape is a vast and diverse shipping solution provider that is working across an international network to provide its customers with leading maritime solutions. With digital solutions behind its operations, Inchcape’s competitive edge has allowed it to continue to expand its operations across the globe. However, throughout Inchcape’s operations, the company’s passion for delivering results for its customers is its central priority, and this is what drives its operations every day to deliver a smoother and smarter ocean for the future.

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Archangel Ancient Tree Archive

CHAMPIONING THE TREES OF THE PAST FOR THE FUTURE Written by Carley Fallows

The world has long been home to many different types of trees, however today the beauty and genetics of some of the largest and most ancient trees in the world are or are on the brink of being lost to us forever.

However, Archangel Ancient Tree Archive (Archangel) is a non-profit organisation which is working to create a living library of old-growth trees to understand their genetics through a series of propagation techniques. By creating this living library, Archangel hopes that it can use the research gathered from these samples to understand how to better help these species and the planet to reverse vast deforestation.

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ld-growth trees are known for their large and multi-layered canopies which have developed over a long period of time without disruption. Therefore studying and propagating trees of this type which still exist could provide the answer for the future of the planet. These trees made the perfect ecosystems for animals, whilst taking large amounts of carbon dioxide from the air and releasing oxygen instead. Therefore, in an effort to mitigate the damaging effects of deforestation, the offspring of the propagated old-growth tree could be utilised to develop new forests of old-growth trees which will reap significant environmental and habitat benefits across the world. Therefore, to achieve a future that can benefit from the nature of olf-growth trees, Archangel has set upon a mission to locate and propagate the world’s largest and most iconic trees. These types of trees include sugar maples, yellow birch, American beech, red spruce, eastern hemlock and white pine.

The early development of Archangel saw success in cloning the oldest and largest trees in existence, which previously had been believed to not be possible through propagation and therefore would not be a viable option for mitigating the damaging effects of climate change. However, through a micro-propagation system designed specifically for replicating old-growth genetics, Archangel was able to replicate the genetics of some of the world’s

largest trees which it can then share with partner facilities around the globe to produce potentially millions of this valuable type of tree to be used for reforestation.

The nurturing and growth of clone samplings is now the central priority of Archangel to ensure that they can be utilised in the future for reforestation efforts. The samples are carefully looked after at The Copemish warehouse in Michigan which is now home to thousands of cloned trees all at various stages of development. Each tree has the DNA of the parent ‘champion’ tree, and once ready for planting will be used across the world.

As we can see, Archangel’s operations are playing a valuable role in developing the future of the planet with the propagation, archiving, and cloning of some of the most valuable trees to have ever existed. The DNA from the old-growth trees looks like it could be a real answer to deforestation across the planet, and provide our world with a renewed system for reducing carbon dioxide and protecting our planet for future generations.

Therefore, Archangel’s operations are so vital in developing the planet for the future and we look forward to seeing how its work with old-growth trees will shape the future of the planet.

https://www.ancienttreearchive.org Endeavour Magazine | 2

20 YEARS OF COCOPEAT DEVELOPMENT Sai Substrates chevron-square-right https://www.saicocopeat.com/home.php phone-square (91) 451 2424645/2423105 envelope-square saicocopeat@incoconut.com

Sai Substrates

As a dynamic and rapidly growing company across the international agricultural and horticultural sectors, Sai Substrates Private Limited and Sai Cocopeat Export Private Limited, as part of the SAI Group, work to produce and export cocopeat and other professional substrates across international markets. With 20 years of experience in the field of cocopeat, Sai Substrates is moving the agriculture and horticultural sectors towards the future with its range of sustainable grow bags that provide an eco-friendly alternative to traditional growing mediums. We got the chance to speak with Saikrishna, Managing Director of SAI Group of Companies, who outlined the vital role the company continues to play in developing the agricultural sector across the world.

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ai Substrates began its operations in 2004 with a central mission to provide eco-friendly and sustainable solutions to the agricultural industry. Based in Dindigul in Tamil Nandu, the company works daily to deliver high-quality cocopeat grow bags to its customers worldwide.

Cocopeat, also known as coir pith, is a by-product of coconut husks and it is widely used as a growing medium thanks to its excellent water retention, pest and disease resistance, and aeration properties.

Therefore, Sai Substrates’ manufacturing of cocopeat grow bags play a valuable role in helping support the future sustainable development of the farming and horticultural sectors across international markets.

The demand for cocopeat grow bags has seen a vast increase in recent years as more and more companies are looking for eco-friendly alternatives to traditional soil-based growing mediums. To meet this demand, Sai Substrates specialised in the manufacturing of cocopeat grow bags, which are widely used in climate-controlled greenhouses to cultivate a whole range of fruits and vegetables.

These include tomatoes, cucumbers, capsicums, melon, medical cannabis and even sports turf. By taking advantage of the environmentally friendly yet nutrient-rich nature of the coconut husk byproducts, Sai Substrates is leading the development of innovative environmentally friendly growing alternatives.

Sai Substrates now has 3 production units, 2 raw materials processing units, 100 acres of cocopeat, and a coco chip dumping, washing and drying yard with a high production capacity to meet growing international grow bag demands. These facilities mean that Sai Substrates now has operations spanning 36 countries worldwide and can continue to play a valuable role in serving vital markets in Europe, the USA, Latin America, China, as well as other Eastern Countries from its Indian-based hub.

However, to maintain its valuable role within these international markets, Sai Substrates remains focused on ensuring that its services and product offerings maintain its reputation for quality and customer satisfaction.

To support the company’s international reputation for excellence, Sai Substrates also operates offices in America and Spain with its offices serving customers in Spain, Morrocco, and Portugal within the technical services for cultivation. In addition, Sai Substrates also has a hub for seedings and other crops in Pune, India which

20 Years of Cocopeat Development

aims to serve farmers with the perfect growing media and technology to develop the country’s horticulture industry. When we spoke to Saikrishna, they noted that this level of excellence has been recognised by the government of India and is now recognised under Star Export House which provides OMRI USA certifications.

For Sai Substrates, it desires to optimize supply chain operations which will streamline the supply chain from raw material sourcing to distribution in order to improve efficiency and reduce lead times. Saikrishna highlighted that this was done by continuing to build strategic partnerships with suppliers, manufacturers, and distributors to ensure the reliable and timely delivery of its cocopeat products.

As the company moves towards the future, the focus is on maintaining sustainable sourcing throughout every aspect of its operations to ensure the long-term viability of cocopeat production. To achieve this Sai Substrates has implemented a range of organic farming practices and land management schemes to protect the vital ecosystems of the land and its subsequent local communities.

These measures ensure that it is delivering safe, sustainable, and responsible cocopeat production

for the benefit of the agriculture industry, whilst still respecting the people and the planet which makes it possible.

As the agriculture industry continues to develop, Sai Substrates continues to diversify its offerings and is currently focused on the research and innovation of its product lines (e.g. the current development of biodegradable packaging, biofuel production and substrates for hydroponic farming) to provide more sustainable farming options to meet the future needs of the agricultural market worldwide. In turn, this will also bring greater market potential and new revenue streams to the company to continue to expand its offerings into even more diverse sectors.

Overall, Sai Substrates is a company passionate about the planet and ensuring that the agricultural sector can continue to thrive by making the most of the sustainable by-products from the coconut industry. With a vast international network and a focus on diversifying its product offerings, we look forward to seeing Sai Substrates continue to develop towards the future as it looks set on expanding into new geographical markets and industries beyond agriculture in the coming years.

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INNOVATIVE MANAGEMENT SOLUTIONS PLIPDECO chevron-square-right www.plipdeco.com/main/index.php phone-square (868) 636 2201

PLIPDECO

With the goal to be a leading port and estate management company, Point Lisas Industrial Port Development Corporation Limited (PLIPDECO) is a publicly traded company operating across the Point Lisas Port and Industrial Estate in Trinidad and Tobago. Thanks to its vital location in what is often regarded as the ‘Gateway to America’, PLIPDECO’s operations are working to developing the Port of Point Lisas, and implement key logistical and industrial estate infrastructure to transform the area into a vital hub serving international shipping lines travelling along its coast.

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ncorporated in 1966, PLIPDECO is a publicly owned company, with 51% ownership belonging to the Government of Trinidad and Tobago and the other 49% held by private shareholders. These shareholders include banks, insurance companies, financial institutions, company employees and the general public. The company was established under the laws of the Republic of Trinidad and Tobago and now trades on the Trinidad and Tobago Stock Exchange. Today, PLIPDECO is the owner and landlord of 862.613 hectares on the Point Lisas Industrial Estate, serving international shipping lines and the petrochemical industry across the west coast of Central Trinidad.

The site spans 103 tenants with 88 companies spanning a range of activities. The large majority of these activities are involved in the petrochemical sector, dealing in methanol, ammonia and urea plants, as well as a steel plant, power plant and various smaller light manufacturing and servicing companies. These companies play a valuable role in the accessibility of natural gas resources, and, as they’re located in such a pivotal location close to American markets, PLIPDECO’s industrial estate division is focused on developing the infrastructure of its industrial estate to ensure that these companies can bring continued economic benefit via the international sale and distribution from the petrochemical industry to Trinidad.

In addition to these tenants, PLIPDECO also owns the Port of Point Lisas which consists of 6 general cargo and container berths which handle a whole variety of cargo travelling to and from America.

The Port is the second largest in Trinidad and is located just 32km south of the Port of Spain. Its location on the West coast of Trinidad means that it plays a valuable role in international shipping lines travelling between North and South America, as well as various lines travelling from Europe, the United Kingdom, and the Far East. Therefore, Port of Point Lisas and Port of Spain are vital to helping move cargo from the region and beyond into both international and local markets.

At the port, dry and liquid bulk, containers, general cargo, and break-bulk cargo are all transported and delivered to and from individual and business sectors in Trinidad via the commercial berths and multi-purpose cargo facility. To ensure that the cargo operations of Point Lisas remain competitive in both the South American and International markets, PLIPDECO focuses on ensuring that the port’s management and the infrastructure of the

port are developed to meet the growing demand for cargo travelling through the port. This commitment to strict management and efficient cargo handling has provided PLIPDECO with its reputation for firstclass customer service.

To aid in its ability to handle cargo travelling from both local and international markets at the Port of Point Lisas, PLIPDECO offers a range of warehousing services to ensure that it can continue to play a valuable role in keeping supply chains running efficiently. Warehousing services under PLIPDECO include the LCL Warehouse which is a customsbonded facility providing housing for trade and non-trade cargo in a covered storage area, LCL Export Services which facilitate intra-regional trade and provides greater market access for small and medium-sized manufacturers, and The Offsite Facility which is designed for clients looking for the temporary storage of dry containers, chassis, and break-bulk cargo. Another key service offered by PLIPDECO is its FCL service which provides importers with a warehouse facility designed for unstuffing dry containers and short-term storage of the cargo. This service allows PLIPDECO to provide a cost-effective, convenient, and secure stuffing/ unstuffing service to customers using the Point Lisas Port. Through, PLIPDECO’s experienced team

of specialists, customers can be sure their cargo is in safe hands.

PLIPDECO also benefits from many strategic partnerships which allow it to continue to play a vital role in developing the logistical movement of cargo beyond its port and industrial estate. The service works in lockstep with the Port’s existing offerings to provide customers with a streamlined end-to-end, fast and cost-effective hauling, packing and warehousing service which capitalises on Point Lisas’ strategic location to move cargo onto its intended market through its connection to logistical providers.

Overall, PLIPDECO plays a valuable role in Trinidad’s shipping and cargo industry as it works as both a landlord, port operator and logistic facilitator to shipments travelling to and from Trinidad. With such a vast role, PLIPDECO is committed to ensuring that the infrastructure surrounding the shipping and cargo industry remains reliable and efficient to be able to bring continued economic benefits from the port into the local economy. We look forward to seeing how PLIPDECO continues to develop its operations and expand its operations in the coming years to continue to be a competitive hub in the international shipping industry.

WORLD-CLASS PORT SERVICES Maldives Ports Limited chevron-square-right https://port.mv/ phone-square 960 332 9339 envelope-square info@port.mv

Maldives Ports Limited

Established as a beacon for reliability and efficiency across the commercial cargo imports of the Maldives, Maldives Ports Limited (MPL) develops, manages, and operates the ports across the islands. The Maldives has become such as popular tourist destination, which sees an increasing number of cargo shipments needed to meet the needs of these visitors whilst also maintaining the existing cargo supply chains operating between the region and the rest of the world.

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nstituted by a presidential decree, MLP was established to oversee the ports of the Maldives and regulate them as a hub for international maritime and commerce operations. MPL offers a wide range of port services across its ports and terminals, with cargo services covering a large part of this. For cargo, MPL works to provide container unloading, ship-to-shore, stuffing/unstuffing, container inspection and clearance services to vessels visiting the ports across the Island region.

This cargo is then facilitated through MPL’s transit cargo department which is designed to move this cargo from anchor to other boats and land transport partners which keeps supply chains moving with such an efficient service. Throughout these operations, MPL has implemented a set of regulations to ensure the safety and security of its port activities, whilst also providing the essential navigators and pilots to help every vessel arrive safely into the port’s wharfage.

MPL has a range of ports under its operations, including Malé Commercial Harbour, the main port for the Maldives. The port is located in the north-western corner of the Malé Island and is a key player in international maritime operations as the ‘gateway’ to the Maldives.

The port’s location close to the capital of the Maldives means that cargo travelling into the port can then be distributed across the islands and onto further international markets through MPL’s network. Malé Commercial Harbour has a quay length of 102M with a depth of CD-9.25m. The port provides docking and clearing, as well as storage operations at the Malé Commercial Harbour facility.

The Hulhumale International Terminal is another key port terminal under MPL’s operations which is owned and operated by MPL. The terminal has been in operation since 2013 and is a focal point for the smooth transport of cargo through the Maldives.

Hulhumale International Terminal works with the Malé Commercial Harbour to help prevent container congestion that often occurs at the central port of the island. The terminal has an existing storage capacity of 500 TEUs and operates two warehouses and 5 plug points for reefer containers. The port specialises in the handling and storage of perishable cargo, and so has the facilities to accommodate the conditions needed to keep this kind of cargo including food safe and temperate.

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World-Class Port Services

Maldives Ports Limited

The third port operation under MPL is the Kulhudhuffushi Regional Port (KRP) which is located in the north of the Maldives. Its operations span back almost 20 years and support the Kulhudhuffushi Island which is known as the central economic capital for the north of the islands. The port’s main role is across the domestic, inter-island and distribution activities to support the movement of goods and merchant trade from Malé Commercial Harbour and to the north area of the region.

MPL has developed new plants for KRP to expand its port so that it can receive cargo directly from India via the Cochin Ferry Link. This would expand MPL’s role in Indian markets and allow perishables and other consumer goods to be transported directly into the port to bring continued benefits to the island communities. Whilst it will offer greater accessibility to these goods to the Maldives, it opens up a vital connection between India and the Maldives which will bring continued economic benefits to the region. Additionally, KPL benefits international customers with fast clearing speeds through its warehousing facility in up to 10 days, and at a 30% tariff on imported goods making it a competitive choice for exporters to the Maldives.

The final central port operation under MPL is the Hithhadhoo Port Limited (HPL) which oversees the Hithadhoo Regional Port located in the south of the 5 | Endeavour Magazine

World-Class Port Services

Maldives. The HPL operates as a distribution hub for the sound of the islands, providing cargo handling and storage-related services for businesses and industries established in the south. Much like, KRP, the port also has a 30% tariff on imported goods, which is designed to help encourage cargo processing through the port by minimising the cost of warehousing and double handling from the Malé Commercial Harbour.

As we have seen, MPL covers the entire span of the Maldives with vital ports, terminals, and warehouses under its operations to promote the vital role of the Maldives in international trade routes and shipping lines. However, as MPL moves towards the future, it has just announced the appointment of Mohamed Wajeed Ibrahim as CEO. Ibrahim brings with him 9 years across the MPL family and aims to steer MPL towards its next phase of development.

The future of MPL is set to focus on excelling with innovation and operational optimization to make all port activities even more seamless, efficient, and competitive in international markets. Therefore, the appointment of Ibrahim to see the company into

the next phase of its development highlights MPL’s commitment to providing essential stability and leadership across the Maldives maritime landscape.

Ultimately, MPL is uniting the Maldives industry with a leading force to promote operational excellence across the region’s maritime industry.

With a range of cargo handling, warehousing, pilotage and stuffing/unstuffing services, every port across the Maldives is equipped with stateof-the-art equipment and services to make all handling efficient. With such a vast spread across the Maldives’ cargo industry, MPL is therefore vital in bringing economic growth to the region from the import and export markets. Therefore, with MPL’s implementation of internationally recognised regulations and standards, the Maldives maritime industry continues to thrive. We look forward to seeing how the new CEO Mohamed Ibrahim will take MPL into the future, as he continues to focus on developing port optimization.

Offering a world class logistics service OCEAN FRIEGHT • SHIP HANDLING • PROJECT & LOGISTICS AIR FRIEGHT • CUSTOMS CLEARANCE • YACHT HANDLING RELOCATION & REMOVAL • DOMESTIC FRIEGHT

Ocean Gate has partnered with the best-known maritime contractors and sea freight carriers. We are a experienced local ship agent, reach, expertise and infrastructure to support shipping operations all ports in the Republic of Maldives.

Contact our Head Office +960 3305 957 or visit ologline.com for further information.

OVER 30 YEARS OF SUPERIOR SOLUTIONS Carver Companies chevron-square-right www.carvercompanies.com/ phone-square 528 355 6034 envelope-square info@carvercompanies.com

Carver Companies

As pioneers of solutions across both land and sea, Carver Companies is an umbrella company operation which spans the construction, maritime and aggregates industries.

With 12 companies under the Carver Companies brand, it provides superior logistical, cargo handling, construction, management, and materials development services which are united in Carver’s vision to provide these services whilst maintaining its commitment to honesty and integrity every single day.

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arver’s operations can be split into three main divisions: construction, maritime and materials, with plenty of companies spanning these main sectors. However, the first company that kicked off the Carver brand name was Carver Construction which was founded in 1989. The company began with a single crew facilitating digging projects, however today it has expanded into a diversified construction company working across all aspects of site development.

This expansion brought together more the 30 years in the industry under the construction company, and today has a combined 130 years of managerial experience across the sector with its employees.

Carver Construction now is a regional leader in all aspects of public, commercial and private sector construction across America.

Another key company under Carver’s construction division is Canaday Property Management Services which provides highquality and reliable maintenance services across the greater Capital District. The company has been in operation for over 25 years and works alongside Carver’s construction business to deliver superior services to facilities to keep them looking and functioning at their very best. This service is available through Canaday in over 14 countries and operates more than 20 sweeper trucks across these areas.

Since Carver began, its maritime sector has vastly developed, and now covers a massive section of its overall operations. Under Carver’s Maritime Sector, there are 8 companies spanning from cargo handling and stevedoring to steelworks and industrial park management. A key company is Carver Maritime Charleston which specialises in handling bulk and breakbulk cargo. Carver Maritime Charleston is known internationally for its diverse range of maritime services which serve vessels travelling from local and international markets. Then following the success of Carver Maritime Charleston, Carver Companies began Carver Maritime Manatee in 2018 which delivers the same level of high-quality cargo and maritime services, but in an even more strategic location in the Tampa Bay Channel. The newer facility accommodates larger vessels with a 40ft water draft. Carver Maritime Manatee is also the closest deep-water port near the Panama 3 | Endeavour Magazine

Over 30 years of Superior Solutions

Carver Companies

TRANSFORMING RISK INTO REWARD We are proud to be associated with Carver Companies, and congratulate them on their achievements, wishing them continued success for the future Your one-stop solution for recycling, disposal and repair of transformers and other oil-filled electrical equipment, bulk and drummed oils and PILC cable, as well as complete substation dismantling. www.tci-ny.com

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Canal, and so it plays an increasingly vital role in connecting America with international shipping lines and markets.

Carver Companies is also the owner of the Port of Coeymans Marine Terminal and the Coeymans Industrial Park. The marine terminal is the central industrial waterfront property for New York and its operations span from handling the modularization of power plants and bridges to the manufacturing and construction of marine projects. Part of the success of the marine terminal comes from it being privatelyowned so throughout its operations the owner and employees can work much closer together to deliver a top-quality service to its customers across shipping, processing, warehousing, and logistical needs. The Coeymans Industrial Park, thus, was established with built-to-suite warehousing and facilities to help with the cargo coming from the Coeyman Marine Terminal. The industrial estate now has easy access to all major access points in the Northeast via river, truck, and rail. Therefore, Coeyman Industrial Park provides a fast, efficient, and effective logistical service to help with the development of the Coeyman Marine Terminal.

The final key division of Carver’s operation is in the materials and aggregates sector where it has Carver Sand & Gravel, and Carver Canada. Carver Sand & Gravel began its operations in 1996 as a

Over 30 years of Superior Solutions

natural transition for the company from product to service alongside its construction business. The company began by purchasing a rock quarry and focused its operations on developing an Aggregate Industrial Business. Today, this business has grown exponentially, and now covers multiple quarry sites, as well as sandpits, and blacktop plants. These sites are supported by the Carver’s fleet of trucks, which work to take the materials from the quarries and towards end markets. Under Carver Sand & Gravel, there are now 10 locations which are serving vital markets on the Atlantic and Gulf coasts of America.

The final, and newest addition to Carver Companies, is Carver Canada a granite quarry and port facility. The company’s operations, located in Bayside in New Brunswick, cover almost 100 acres of waterfront real estate and serve 20 miles of nautical coast along the Atlantic Ocean. Its essential

maritime services continue to spread Carver Companies’ reach further into North America.

As we have seen from the vast array of companies under the Carver Companies umbrella, Carver has a stake in multiple of the largest markets operating across America. All of these companies are utilising the knowledge and expertise of the Carver teams to bring an internationally recognised superior service no matter the operation. With each company, Carver boasts multiple projects which are bolstering many local communities across America, and so with this long-term vision for development across the construction, maritime and aggregate industries, Carver Companies is set on transforming each one respectively to create a unified and internationally recognised reputation for Carver Companies in the process.

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BOOSTING GIBRALTAR’S TOURISM INDUSTRY Gibraltar Ports Authority chevron-square-right www.gibraltarport.com/ phone-square 350 200 46254 envelope-square gpaenquiries@port.gov.gi

Gibraltar Ports Authority

Located at the crossroads of the Mediterranean and Atlantic shipping lands, the historic island of Gibraltar receives around 240 million gross tonnes of vessel calls per year. Its strategic location makes it a vital link for stakeholders within the shipping industry to help deliver goods and services year-round. For almost 20 years, the Gibraltar Ports Authority (GPA) has continued to build on its existing success and hopes to extend the level of partnership and transparency to all sectors of the industry at the Port. In the last year, GPA has put a major focus on its tourism and cruise facilities with the aim of establishing Gibraltar as one of the most important cruise destinations in the Western Mediterranean.

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ince 2005, GPA has been building on Gibraltar’s strategic location at the heart of international shipping lines by implementing firm and efficient services across the maritime and logistics sector. This includes the navigation, bunkering and licensing of port operations. By providing these services, GPA has established a vision for the future which aims to develop more partnerships for the port with a transparent and efficient approach to every aspect of the port industry sector.

The main role of GPA is to maintain the strict and thoroughly monitored control of all vessels travelling throughout the British Gibraltar Territorial Waters (BGTW) by providing essential port, security, and navigational services. Alongside these vital services, GPA provides licenses and ship-to-shore operations for several vessels within the BGTW. However, as one of the largest bunkering ports in the Mediterranean, one of the main activities for GPA is the bunkering of vessels within the Port of Gibraltar. For GPA, they provide low-cost bunkering services, thanks to the tax-free status of the island within the European Union. Therefore, Gibraltar’s

Boosting Gibraltar’s Tourism Industry

strategic location and competitive port dues mean that bunkering remains a profitable operation for both Gibraltar and GPA. Therefore, bunkering at the Port of Gibraltar sees companies from across the world utilising GPA’s services to supply all grades of marine fuel from 30 centistokes (cSt) to 380 cSt. Thanks to the 1-metre tidal variation year-round, bunkering vessels can easily be met with efficient ship-to-shore services no matter the season, often delivering products such as fuel via barge whilst the vessel is at anchor in the Gibraltar Bay. However, these services can also be delivered alongside. By continuing to provide valuable and efficient bunkering services, as well as content quality checks of cargo throughout, GPA has established Gibraltar as a vital stopping location for shipping lines on an international scale.

However, in recent years the tourism side of GPA’s operations has seen a big uptick, especially in the years following the pandemic. Gibraltar has long been a popular destination for tourists from across the world with millions descending on ‘the rock’

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Gibraltar Ports Authority

Dive Marine Services Gibraltar: 2023 Highlights: In early 2023, the Company was proud to be selected as a delivery partner by the main contractor appointed by Gibraltar Port Authority for salvaging the OS35 wreck, a 178m LOA Bulk Carrier whic was run aground off the eastern Gibraltar shoreline after a collision with another ship in the area. DMS Gibraltar was approached by the main salvage contractor (KOOLE) and appointed to perform all preliminary diving works, in particular damage assessments and mapping, internal (e.g. cargo holds, engine room, etc) and external UW inspections and general surveys.

Another key milestone for the Company in 2023 was the successful conclusion of the first DMS Gibraltar Training Program. This initiative, supported by the Gibraltar Port Authority, University of Gibraltar, Government of Gibraltar and other partners, provided vocational training opportunities in the maritime and diving sector to several individuals over the course of one year. The idea was to promote and create viable routes to employment in the maritime sector for the younger generations.

We are extremely happy that the 2023 Training Program was a resounding success, leading to a total of 3 fully HSE qualified commercial divers and a total of 8 candidates who achieved one or more accredited qualifications and real-life work-experience in the maritime/diving sector (e.g. STCW 95 Basic Safety Training, Introduction to Shipping Diploma, BSAC Scuba Certificate and working as Able Seamen or deck-hands on locally based serviceboats/dive-boats).

Overall, 2023 was a great year for the Company on all fronts. Going into 2024 and beyond, we strive to further consolidate our reputation for honesty, safety, professionalism and overall efficiency, to the benefit of all clients, partners and industry stakeholders and the community as a whole. https://dmgroupservices.com

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Gibraltar Ports Authority

every year. Therefore, tourism remains a vital part of Gibraltar’s economy, and so it has continued to play a vital role in GPA’s operations for many years.

GPA has been working closely with the Gibraltar Tourism Board to make it easier for visitors to enjoy the island and provide clear info to encourage the continuous development and promotion of the tourism industry. Therefore, the Port of Gibraltar is now a busy and thriving commercial port with a multitude of services which are developing the tourism industry.

A key aspect of GPA’s role in developing the island’s tourism industry is through its delivery of services to cruise vessels. These services include delivering bunkering, crew change provisions, and the supply of spare parts and repairs to cruise vessels docking within its port.

These services are backed by GPA’s commitment to efficient and reliable port operations, and so, many cruise liners are now choosing Gibraltar as a key and essential stopping point along their cruise itineraries. Therefore, to meet the needs of the growing cruise line tourism sector, GPA is looking to develop its facilities to meet the tourism demand and continue to rank Gibraltar as a key stopping point for cruise liners yearround.

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Plans to develop the port are a key concern for the Minister for Tourism, Hon Christian Santon MP. Santon highlighted the role of the tourism sector in a recent press release regarding the news of Gibraltar welcoming a new cruise vessel (the Arvia) into the port in October 2023; “I’m delighted to see the hard work of my predecessor Vijay Daryanani come to fruition as we welcome a vessel of this size to our port, giving us an opportunity to showcase the tourist attractions, the historically rich sites and the culturally diverse community Gibraltar has to offer”. Santon’s comments highlight the increasing number of inaugural calls by large vessels see at the Port of Gibraltar over the last year.

With an increase in cruise line business for GPA, Santon continues the mission of Vijay Daryananai who began developing a new state-of-the-art facility to replace the current Cruise liner terminal.

The new terminal will provide a main area for passengers, whilst the first floor will be dedicated to events and conferences. In addition, the terminal would see the possibility for various shopping units across the proposed 3817 square meters of the development. Daryananai highlighted back in September that “Gibraltar has the potential to become the most important cruise destination in the Western Mediterranean”, and it is this sentiment that the new Minister Santon continues to promote.

Boosting Gibraltar’s Tourism Industry

In November last year, Santon highlighted, following further inaugural visits from cruise liners (such as the Norweigan Star, the Emerald Azzurra and the Norweigan Viva), the government is “committed to enhancing the experience of cruise passengers arriving at our Port with the plans for the creation of the new cruise terminal”. The government, therefore, is continuing to work with GPA to bring a cohesive and purposeful strategy to develop the port’s offerings and continue to bring economic prosperity to the region by investing in the cruise liner and tourism sector.

Every time we cover GPA, we are reminded of the firm role the authority plays in developing both Gibraltar’s economy and the maritime sector towards international recognition. With a continued service which focuses on regulation, support and development, GPA has developed the Port of Gibraltar into an essential and lucrative base for many vessels to stop at when travelling across international shipping lines. Then, with recent

developments towards the cruise line terminal development, both GPA and the government are highlighting the vast economic potential of the tourism industry which will continue to add significant income to Gibraltar’s economy for many years to come.

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Delina Oil and Gas Distributors Limited

TRANSPORTATION SOLUTIONS for the Energy Industry Delina Oil and Gas Distributors Limited chevron-square-right delinagroup.com/services/fuel-transportation/ On a mission to be the fastest, safest, and most dependable commercial oil and gas transporter in Eastern and Southern Africa, Delina Oil and Gas Distributors Limited is the premier partner for comprehensive energy transport solutions providers.

Based in Tanzania, the company serves the agricultural, construction and mining sectors with its flexible solutions which have garnered the company an international reputation within the global oil and gas industry. We had the pleasure of speaking to Edgar Mosha, General Manager of Delina Oil and Gas, who outlined how the company’s cutting-edge technology and specialised expertise in the oil and gas industry have allowed it to remain a leading transporter to the energy industry.

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s a subsidiary of the wider Delina Group Enterprises, which specialises in fuels and the subsequent fuel transport-related market in East and Central Africa, Delina Oil and Gas is an ISO (9001:2015, 14001:2015, 45001:2018) certified premier partner which offers commercial transport solutions to its international customer base across the loose cargo, Out of Gauge (OOG) shipment, containerised goods, heavy machinery, chemicals, and energy products market. However, with every operation, Delina Oil and Gas remains committed to

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minimizing risk and providing quality service to each and every customer through a scheme of proactive communication, safety checks and controls.

With over 300 employees across its expansive network, Delina Oil and Gas’ operations span Eastern and Southern Africa to ensure that each of its customers’ cargo reaches its destination securely and on time. This efficient network is facilitated by the company’s team of specialised experts who have the skillset and knowledge to handle a wide range of cargo types by providing the exact shipment requirements to keep oil and gas cargo moving along to its destinations swiftly.

To streamline this process, Edgar Mosha, General Manager of Delina Oil and Gas, outlined how Delina Oil uses state-of-the-art technology systems which work to improve the transportation process, by providing real-time tracking and monitoring to keep customers up to date on their shipments every step of the way. This is part of Delina Oil and Gas’ mission to increase transparency along its oil and gas transportation process, so customers can see the Group’s values of safety, integrity, and professionalism throughout every operation.

In terms of services, Delina Oil and Gas provides a range of expert solutions across the cargo industry from loose cargo transport which spans from bulk commodities all the way to small parcels.

Delina Oil and Gas has the resources and expertise to transport all loose cargo efficiently and costeffectively. In addition to this, Delina Oil and Gas

also deals with OOG shipments which utilise the company’s specialised equipment and dedicated teams to ensure the secure, safe, and timely delivery of oversized or irregularly shaped cargo. Then, through a fleet of modern container vessels, Delina Oil and Gas delivers containerized goods through its well-established logistics network offering a reliable container transport service which is tailored to the specific requirements of each customer.

Alongside containerized services, Delina Oil and Gas also delivers heavy machinery, chemical and energy product transportation services. All these transportation services are supported by Delina Oil and Gas’ commitment to delivering excellence across every aspect of its operations by using firsthand infield expertise to ensure that every logistic operation is designed to help each customer propel their businesses forward.

With such a vast array of transportation and logistics solutions, Delina Oil and Gas plays a vital role in the agriculture, construction, and mining sectors with expertly designed logistical services which are flexible to each customer’s specific needs. Delina Oil and Gas serves these key industries on both local and international scales, and so plays a significant role in their development across countries such as the Democratic Republic of Congo, Zambia, Malawi, Uganda, Burundi, Rwanda, Kenya, and South Africa.

However, when we spoke to Edgar Mosha, he highlighted how throughout this network, Delina Oil and Gas remains committed to ensuring that safety remains its top priority. Delina Oil and Gas adheres to the highest industry safety standards throughout its operations and has implemented a rigorous system of safety protocols to safeguard its clients’ cargo whilst also working to protect the environment. This ensures that it achieves customer satisfaction by delivering an efficient and reliable service.

In terms of sustainability, Delina Oil and Gas is committed to minimising its environmental impact by implementing sustainable practices throughout its daily operations. It achieves this by monitoring and assessing its resource consumption, waste management, and its carbon footprint. As it moves towards the future, the company is working on reducing its greenhouse gas (GHG) emissions associated with its activities. In addition to this, Delina Oil and Gas is investing in technologies which contribute towards carbon emission efficiency and limits.

Overall, with Delina Oil and Gas Distributor Limited, you can sense the commitment behind the company to deliver services which are the quickest, safest, and most dependable in terms of transportation for its customers across Eastern and Southern Africa.

With such a vast array of solutions which focus on customer satisfaction and safety, the company has developed a reputation as a reliable commercial oil and gas transporter which is continuing to expand its operations across the African continent.

Endeavour Magazine | 16

Kobil Tanzania Limited

FUELLING TANZANIA Kobil Tanzania Limited chevron-square-right https://kobil.co.tz/body_index.html Working across the petroleum industry, Kobil Tanzania Limited is a leading oil marketing company based in Tanzania that aims to provide its customers every day with courteous, expedient, and professional petroleum products, transportation solutions and commercial services. Throughout Kobil’s operations, the company remains committed to delivering excellent results for its customers, and it is this commitment that has allowed Kobil to now be regarded as a leading oil company across Southern and Eastern Africa.

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ince 2001, the Dar es Salaam-based company has expanded its operations across Tanzania dealing in the transportation, storage, buying and sales of petroleum products across the country. Kobil is a key subsidiary of the Delina Group Companies, following its acquisition by Kilimanjaro Oil Limited which is a constituent of the global Delina company. The new management of the company aims to drive Kobil towards the future of Tanzania’s petroleum industry and continue to develop its reputation to become a publicly listed company over the coming years.

Petroleum products under Kobil include petrol, diesel, and kerosene, as well as a range of aviation products. Kobil’s operations begin in the fuel distribution market as the company is responsible for importing and storing petroleum products.

These products are taken from the refineries and other suppliers, and then these are distributed throughout Kobil’s network and delivered to retail outlets, industrial consumers, and other end users in the Eastern and Southern regions of Africa.

This distribution is made possible through Kobil’s logistics and transport division which operates its own fleet of tanker trucks which transport fuels from the depots across the country. To make this distribution even easier, Kobil also has a range of storage facilities and depots which are strategically placed across Tanzania. These depots and facilities help Kobil to deliver petroleum even quicker and more reliably to its customers as the units ensure

that fuel remains easily accessible to customers and its fleet of vehicles year-round.

A key part of Kobil’s operations on the commercial side focuses on its retail outlets. These outlets include refuelling stations across Tanzania where customers can purchase various petroleum-related products and refuel their vehicles. To ensure that their retail locations can run efficiently, Kobil has implemented a range of management systems for these commercial outlets. These include storage construction and fuel station management which is directly targeted towards mining clients. With such a wide presence within Tanzania’s petroleum industry, Kobil is now a registered importer on the regulatory Bulk Procurement System where it can order fuel in bulk and sell it to retail stations around the country, which further enhances the company’s vital role within Tanzania’s petroleum industry.

However, much like many key petroleum providers across the world, Kobil also offers a range of petroleumrelated products such as lubricants, greases and other speciality products designed for automotive, industrial, and commercial applications. In fact, Kobil is the exclusive distributor of MOBIL and OLA lubricants across the Tanzanian market. Therefore, Kobil’s reputation as a leading oil marketing company has allowed it to adopt a valuable role as a sole distributor of key petroleum-related products within the country.

As Kobil looks towards the future it has the global energy transition at the forefront. Kobil is currently developing a renewable energy program

which hopes to support the extractive industry as it continues to invest in compressed natural gas (CNG) energy alternatives. This shift towards a more sustainable future hopes to bring further investment into the energy sector as it looks for new ways of meeting the growing energy demand internationally with sustainable energy solutions. A key step towards this renewable energy future, saw Kobil begin to enter the retail filling and distribution of LPG cylinders. This is all part of the government’s ‘cleaner cooking’ campaign which sees Kobil, and similar oil marketing companies, develop their operations towards the LPG business to make clean energy more accessible across Africa.

Overall, Kobil Tanzania Limited continues to play a vital role in the oil marketing business across Tanzania specialising in supporting its customers in both industrial and commercial settings with the transporting, storage, and sale of petroleum products across the country. However, throughout all of Kobil’s operations, the customer always comes first. Kobil achieves this customer-focused commitment by ensuring that reliable services, affordable prices, and investment into the future of renewable energy remain central to its operations every day. We look forward to seeing how Kobil continues to expand its operations over the coming years and to see how it continues to move towards renewable energy options in the future.

Endeavour Magazine | 18

The Fairy Pools of Skye:

TOURISM AND LEGEND Written by Carley Fallows

Beautiful scenery, rich history and some interesting legends are exactly what you can expect when visiting the Isle of Skye. The island is the largest and the most northern across the Inner Hebrides of Scotland and is home to the famous Fairy Pools of Skye. The Fairy Pools are home to crystal clear waters, which descend via waterfalls to the rocky pools below, surrounded by the beautiful Black Cuillin Hills. Popular with walkers and wild swimmers alike, the Fairy Pools bring in tourists from across the world.

However, the beautiful scenery was once home to a bloody battle and some interesting legends which continue to haunt the Island to this day.

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he most notable event taking place at the Fairy Pools of Skye took place more than 400 years ago in 1601 with the Battle of Coire na Creiche. The battle stemmed from years of feuding and rival cattle raids between two rival Scottish clans; the Macleods and the MacDonalds. The battle began following the collapse of a trial marriage between Rory Macleod’s sister Margaret and Donald Gorm from the MacDonalds. The marriage was under a handfast agreement which outlined that the pair would live together for a year and a day, and should Margaret not become pregnant with his child then the marriage would end. The story outlines that Margaret did not become pregnant and at some point, had lost an eye during this time, although how is not quite clear. In an act of humiliation, Margaret is said to have been sent back to her brother tied to a one-eyes horse, led by a one-eyed servant, and followed by a one-eyed mongrel dog.

This act of humiliation enraged the Macleoads and led to violent clashes between the two clans, resulting in the bloody Battle of Coire na Creiche.

The battle is said to have seen so much bloodshed that the Fairy Pools ran red with the blood of the two clans. However, it is thought that the MacDonalds reputedly won the battle. The battle even led to the Scottish Crown having to step in to call a truce between the two sides. Whilst there are many

variations of this story, it provides an interesting history for the Fairy Pools which are visited for the beautiful scenery today but were once the site of such violence.

As the pools are known as the ‘Fairy Pools of Skye’ it has led to many wondering if there are actually any tales of fairies linked to the pools. A legend tells of ‘The Fairy Flag’ which is linked to several legends surrounding the pools. A prominent legend says that the flag was given to the Macleod chief who was set to marry a fairy. Unfortunately, she had to return to her fairy world before their marriage, and so gave the flag to the chief so that the clan could use its magic in a time of need. Whilst the legend is just that, many have linked it with the success of the Macleod clan winning the Battle of Coire na Creiche. However, many think its luck remains to this day, and this is why a fire that broke out in the Dunvegan Castle in 1939, owned by the Macleod family, was mysteriously put out.

Whilst the real story behind the success will never truly be known, it highlights the magical powers that people feel when visiting the Fairy Pools of Skye, and not just because it is so beautiful. Ultimately, whether you’re visiting the Isle of Skye’s Fairy Pools to marvel at the scenery or to see for yourself if there really is a fairy presence, it is an unforgettable experience in such a beautiful part of the world.

Sources: https://www.scottishtours.co.uk/blog/skye-theisland-and-its-legends%20/ https://www.bbc.co.uk/news/articles/c3gk210j814o Endeavour Magazine | 20

SUSTAINABLE GROWTH FOR TOURISM in Abu Dhabi

Department of Culture and Tourism: Abu Dhabi chevron-square-right dct.gov.ae/en/default.aspx phone-square 971 2 444 0444

Department of Culture and Tourism: Abu Dhabi

Offering a range of rich culture, ancient history, stunning scenery and world-class shopping experiences, Abu Dhabi is a popular tourist destination drawing people in from all over the world to the capital of the United Arab Emirates (UAE). Abu Dhabi began from humble origins as a modest settlement which now has been transformed into a modern cosmopolitan high-rise haven that saw 24 million visitors arriving in the capital just last year. With such a vast influx of tourists every year, the tourism sector plays a vital role in developing the economy of Abu Dhabi.

Therefore, a dedicated Department of Culture and Tourism was set up to enhance Abu Dhabi’s role as a tourism hub and form a diverse ecosystem that preserves, promotes, and embodies the heritage of the Emirate.

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he Department of Culture and Tourism: Abu Dhabi (DCT: Abu Dhabi), provides a coordinated effort to regulate, promote and develop the tourism industry in Abu Dhabi to further establish its reputation as a leading global destination for people travelling locally and internationally. To achieve this vision, DCT: Abu Dhabi is encouraging investment, supporting local enterprises and developing systems to protect and promote cultural sites. Therefore, thanks to DCT: Abu Dhabi, the capital is now a leading tourist destination for both leisure and business trips. To achieve this level of promotion and regulation, DCT: Abu Dhabi has three main focus areas: tourism, culture, and Dar Al Kutub.

These three sectors have allowed DCT: Abu Dhabi to position the capital as a dynamic and fast-evolving destination that thrives on the experiences of those travelling throughout Abu Dhabi.

In terms of its tourism sector, DCT: Abu Dhabi works closely with trade partners across the capital such as hotels, restaurants, and conference centres to increase guest arrivals, occupancy rates and footfall across the area.

A key part of this work happens overseas at trade conferences, where DCT: Abu Dhabi is working to promote Abu Dhabi as a great location for MICE (meetings, incentives, conferences, and exhibitions). This promotion as a great hub for business trips highlights not only the valuable role the UAE plays in international business operations but also the role Abu Dhabi continues to play as a valuable business trip location at the heart of the Middle East.

Then for leisure tourism, DCT: Abu Dhabi is seeking to promote the products, services, and attractions of the region. A key part of this operation includes the analysis of trends seen across the city’s tourism sector and then working to develop programmes which will develop these and provide an even greater experience for tourists visiting businesses, exhibitions, or cultural centres. This development for DCT: Abu Dhabi is largely in the form of ambitious marketing initiatives which have already positioned Abu Dhabi as a global destination offering some of the best tourism experiences and services in the world.

To achieve such a vast role across Abu Dhabi’s tourism industry, DCT: Abu Dhabi operates 10 offices in the capital and across the world to encourage

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Department of Culture and Tourism: Abu Dhabi

thousands of tourists are travelling on these cruise liners yearly from place such as India, Australia and countries further in the Pacific to Abu Dhabi to experience the culture and sights that it has to offer.

For many tourists, the rich culture and heritage of Abu Dhabi is a big draw to the capital. Therefore, a key aspect of DCT: Abu Dhabi’s operations is to develop programmes which promote and support the culture of the region with events, exhibitions and museums that celebrate Abu Dhabi. Across Abu Dhabi, there is a range of UNESCO heritage sites, which are protected by DCT: Abu Dhabi to preserve and promote the significance of prominent archaeological and historical heritage of the capital which draw tourists from across the world. This responsibility to promote the dynamic culture of Abi Dhabi is something DCT: Abu Dhabi is very focused on as these are not only cornerstones of the region’s historical significance, but they play a vital role in developing the cultural tourism of the region.

tourism to the areas and highlight key development opportunities to maintain a steady stream of visitors over the coming years. Across these offices, DCT: Abu Dhabi is responsible for issuing licenses to hotels, tourism organisations, events, and conferences – to name just a few! These licenses ensure that every operation involving people visiting Abu Dhabi is supported and overseen with the highest of international standards which are working to improve the competitiveness of Abu Dhabi as a must-see tourism destination for both corporate and leisure activities.

However, cruise tourism also plays a valuable role in developing Abu Dhabi’s tourism industry. Abu Dhabi sits on the Arabian Gulf and so has become an increasingly popular destination for those seeking a bit of winter sun. Therefore, many international cruise lines make vital stops in Abu Dhabi at its state-of-the-art Cruise Terminal. The terminal every year welcomes cruise liners visiting from three main categories: cruise ships operating a seasonal service which start and begin in Abu Dhabi, cruise liners which visit Abu Dhabi as a port of call along Arabian Gulf itineraries, and cruise voyages which travel across the world stopping at the port for a day or two during worldwide itineraries. Therefore, 25 | Endeavour Magazine

Education and creativity are also key facets of DCT: Abu Dhabi’s operations as it has made big strides to broaden its audience for artistic and cultural undertakings with exhibitions, outreach programmes and academic courses.

These are designed to inspire creativity and development of the region’s tourism sector for future generations to come. The foundation of this focus on education was seen in 1981 when the Dar Al Kutub for formed which is one of UAE’s largest knowledge repositories and a vital resource for academics across the globe.

Dar Al Kutub acts as a publisher, translator, and promoter of major literary works with a particular focus on Emirati writers and researchers. This focus on knowledge through the Dar Al Kutub has solidified Abu Dhabi’s role as a vital hub of research and educational development for researchers across the world – once again providing yet another valuable asset to Abu Dhabi’s portfolio as a key international hub for tourism.

As DCT: Abu Dhabi moves towards the future, the DCT: Abu Dhabi are spearheading a newly devised Tourism Strategy 2030. The strategy is hoping to move Abu Dhabi towards the future of the tourism sector with aims to boost visitors to the Emirate to 39.3 million by 2030. Along with the increase in tourists visiting Abu Dhabi, the strategy hopes to also raise its contribution to UAE’s GDP to nearly AED 90 billion

Sustainable Growth for Tourism in Abu Dhabi

annually by 2030. The chairman of DCT: Abu Dhabi, H.E. Mohammed Khalifa Al Mubarak, highlighted that “The Tourism Strategy 2030 marks a pivotal moment in Abu Dhabi’s transformative journey, representing a vital lever in our ongoing evolution. Delivered alongside our key partners, the Strategy underscores our steadfast commitment to fostering sustainable growth and strategic development in the travel and tourism sector. Through carefully crafted initiatives that will unlock economic opportunities, amplify our distinction culture, and enhance the Emirate’s value proposition, we are laying the foundations for a vibrant and prosperous future that transcends generations”.

These comments highlight the valuable role that DCT will continue to play in the development of the Tourism Strategy 2030, to promote the development of tourism in Abu Dhabi. This development will focus on 4 distinctive pillars: offering & City Activation,

Promotion & Marketing, Infrastructure & Mobility, and Visa, Licensing & Regulations. These pillars will work together to form the foundation of the programme’s approach to achieving sustainable growth in Abu Dhabi’s tourism industry.

Overall, Abu Dhabi is a bustling hub for tourism that sees millions of visitors visit the area from all across the globe. The tourism industry, therefore, plays a vital role in contributing towards the overall economic development of the region, and so as such a key player in the UAE’s GDP, DCT: Abu Dhabi is committed to developing every aspect of the tourism sector to make Abu Dhabi a highly sought after tourist destination. Therefore, with the implementation of a new strategy which is set to take the tourism industry to the next level, we look forward to seeing how DCT: Abu Dhabi will continue to develop the capital as a leading hub for tourism across the UAE.

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ENSURING FINANCIAL STABILITY FOR RWANDA National Bank of Rwanda chevron-square-right www.bnr.rw/home/ phone-square (250) 788 199 000 envelope-square team@samonline.co.uk

National Bank of Rwanda

On a mission to become a world-class central bank, National Bank Rwanda (NBR) provides robust monetary tools to ensure Rwanda’s financial stability and sound financial systems are maintained with innovation, diversity, inclusiveness, and economic integration. Through a framework which fosters a culture of transparency, integrity, accountability, teamwork, and respect, NBR is focused on protecting and enhancing the economic performance of Rwanda and providing greater financial empowerment to people across the country.

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BR was founded in 1964 with the mandate to ensure the price stability of Rwanda and provide a sound financial system for the country. Today, this mission remains its central focus as it works to continuously build sustainable macroeconomic stability for Rwanda through monitoring the financial system’s performance.

The financial system for NBR covers the banking, insurance, pensions, micro-finance institutions, and payment sectors. NBR carefully monitors these systems and is ready to adopt the appropriate policies and measures needed to protect the stability of the Rwandan economy.

NBR is governed by a Board of Directors which includes 2 executive members who are the governor and deputy governor, and then 7 non-executive members. The Board is responsible for providing the strategic direction of the Bank and ensuring that throughout its operations the central mandate of the company, to maintain price stability and a sound financial system for Rwanda, is achieved.

Then through this strict management, NBR hopes to develop into a world-class bank making key moves towards vital financial development in both the local and international financial sector.

NBR was one of the original 17 regulatory institutions which was formed to implement national measures and commitments to ensure financial inclusion under the Maya Declaration founded at the 2011 Global Policy Forum held in Mexico. The Maya Declaration is a global initiative focused on delivering responsible and sustainable financial inclusion to reduce poverty and increase financial stability.

Therefore, with NBR playing a key role at such a vital international conference, we can see that NBR is already a key player in the international market for financial stability, inclusion, and regulation.

A key part of NBR’s operations is the development of the Financial Stability Reports (FSR) which provides a detailed and synthesized report on the current state and changes to the financial system. The report provides a close analysis of the exogenous and endogenous risks that face the sector whether from local or international factors, and asses the current resilience of the sector to these risks. This close monitoring of the financial system of Rwanda allows NBR to ensure that it can overcome any shocks or provide measures to mitigate any potential constraints that it may face. NBR publishes this report annually and it is a vital document to understand how policy will be implemented going forward to ensure the stability and security of the financial sector.

Ensuring Financial Stability for Rwanda

A key part of the financial world is insurance, and NBR is in charge of assessing the financial sphere which covers the insurance and pension sectors to again ensure that it is continuing towards its overall goals to build a sound and stable financial sector. The insurance branch of NBR’s operations spans a legal and regulatory framework, which it utilises to work closely with insurance companies for the betterment of the financial economy. Across the insurance division, NBR follows the international standards laid out by governing bodies such as the International Association of Insurance Supervisors (IAIS) and the International Organisation of Pension Supervisors (IOPS). These standards have allowed Rwanda’s insurance industry to maintain a competitive edge in international markets and therefore bolster the economic reputation of NBR in the process.

To ensure that NBR is continuing to develop towards the benefit of Rwanda, the Bank holds a quarterly meeting to assess the current performance and state of the financial sector.

The last meeting was held in February this year and shared the key findings from its 2023 FSR report. The

report outlines that the financial sector for Rwanda across 2023 remained stable and experienced slight growth despite challenges faced by global tensions. The report outlines that the capital and liquidity buffers held by NBR remain strong and ensure the country can be resilient to shocks.

The financial sector grew 20% in terms of assets, which is estimated at FRW 10,687 billion, compared to the previous year’s assets at FRW 8,909 billion.

The report outlined that Rwanda’s financial sector was in a good and healthy position moving into the next year with many sectors, including the banking sector, making significant growth over 2023.

Overall, NBR is a vital operation that is working within both local and international markets to ensure that Rwanda’s financial sector remains stable and secure for future generations. With measures to ensure that people across Rwanda can access diverse and reliable financial services, especially those in the insurance sector, NBR is well on its way to being a world-class central Bank working tirelessly to maintain price stability and a sound financial system for Rwanda.

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Endeavour Magazine | 30

FAMILY-RUN MANUFACTURING SAM Mouldings chevron-square-right www.samonline.co.uk/ phone-square 44 (0) 28 9442 8288 envelope-square team@samonline.co.uk

SAM Mouldings

With over 6000 profiles in its product range, SAM Mouldings is a family-run company that strives to deliver the best quality MDF products for its customers.

Behind every operation is a passion for helping its clients to achieve the results they desire whether working in industrial, commercial, or residential settings. Therefore, SAM has spent over 30 years as a key trusted partner in the construction and home improvement industry.

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AM was founded in 1990 but Sam and Julienne McCrea to provide industry leading MDF products backed by its customer service teams which are just as passionate about construction and renovation projects as its clients.

Today, SAM’s MDF products can be seen in homes, offices, hotels, and a whole range of commercial buildings across the UK, Europe, Ireland, and the United States. To achieve such a vast network, SAM has two key central locations with one in Northern Ireland and another in England. These hubs are focused on providing market-leading, consistent, and reliable products which are suitable for almost any setting.

For those that don’t know – MDF is a type of lowwastage, engineered wood product which is made by combining ground wood chips into fibres and then boding them with a synthetic resin. Once bonded this resin is then pressed into flat panels using heat and pressure to create the MDF products that SAM began its operations with all those years ago.

As MDF is an engineered wood it makes it a great choice for a whole range of purposes thanks to its easy-to-cut and install nature, as well as its low maintenance, unlike other hardwood options. You can expect to see MDF in products such as skirting, architrave, Plinth blocks, decorative mouldings, internal cladding, panelling, door framing, window boards, stair accessories, fascia, and soffits. As you can see, MDF can be used across the whole home and commercial setting, as so with SAM’s focus on developing its own range of MDF products which are backed by the family-friendly and customerfocused teams of the company, it’s a clear win-win situation for both SAM and its clients.

Since we last covered SAM, it has introduced its SAM Wrap line which has created MDF profiles which are wrapped in real wood veneer which can be used in place of solid timber. The look and aesthetics of the wrapped MDF products match that of the real thing, but with it being MDF it benefits from timesaving and cost-effective installation, especially compared to traditional timber products. Another key division for SAM is its ‘ZERO’ range which is designed for project sites where time and money are of the essence, or in-home renovation projects where convenience and ease are needed. SAM ZERO provides a range of high-quality MDF products which are pre-primed before they reach the customer.

This priming with an acrylic topcoat eliminates the need for further painting. This is designed to make installation much easier and keep costs low as no

Family-Run Manufacturing

extra paint is needed to achieve the same finish. On the project site, this is essential to reduce labour and materials costs.

The final key product division for SAM is SAM Extreme which uses Medite Tricoba Extreme (MTX) within its manufacturing. MTX is a durable fibreboard which when mixed into MDF board provides extra durable mouldings which can be finished in a variety of ways.

The extreme durability of these MDF-MTX products ensures that even in the most extreme of conditions, the products you buy from SAM are unlikely to be affected. These are available in primed, unprimed, fully finished, fascia, soffit, and decorative cladding options. These are also available across SAM’s standard Stock, Extra and Bespoke lines which are designed to help every customer find the right MDF product for them.

As we have seen, SAM is committed to ensuring that its customers are at the forefront of its

operations, and every effort has been made to ensure that throughout its manufacturing and product lines, it has products designed for every customer’s needs. This customer-focused approach was recognised in April when SAM surpassed the industry standard of the Net Promoter Score (NPS). NPS is a rating that is conducted by a survey to understand the likelihood of customers recommending a service to their peers. The results

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SAM Mouldings

of this survey in the manufacturing industry typically sit around a score of 49%. However, SAM achieved a score of 78%, highlighting that over 70% of its customers would recommend the SAM to a friend based on the excellent service they received. This score really highlights SAM’s family-focused passion that began the company almost three decades ago. Over the past 30 years, SAM has remained firm in its commitment to delivering results for its customers through its services and product quality.

The success of the survey continues to solidify SAM’s dedication to fostering strong and reliable communication between it and its customers.

Overall, SAM Moulding may at first be seen as a small family-run manufacturing company, but its presence and reputation across the manufacturing industry speaks for itself. With such a wide variety of MDF product offerings to suit every customer’s needs and the NPS score to backing its top-notch customer service – we look forward to seeing how SAM Mouldings continues to expand its product offerings in the future and continue to meet the demands of its clients.

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Pérez y Cía Group More than 150 years in shipping

Pérez y Cía Jamaica Ltd. 6-12, Newport Boulevard Newport Centre, Kingston 13 Jamaica, W.I. Ph: ( 876 ) 618 1209, 901 6480 Fax: (876) 757 77 37

Perez y Cia extends heartiest Congratulations to Pepsi Jamaica, as you move forward with the next stage of developing the business. We look forward to the announcement of new projects and the future development of the company brands.

As we continue to provide services in shipping Logistics and supply chain management, we look forward to our continued partnership as we strive to serve you better.

Offering a full range of services from booking acceptance, shipping, clearance, delivery, project management and solutions to meet every shipping need.

“PEREZ Y CIA is the answer !”

Pérez y Cía Jamaica Ltd. 6-12, Newport Boulevard Newport Centre, Kingston 13 Jamaica, W.I. Ph: ( 876 ) 618 1209, 901 6480 Fax: (876) 757 77 37