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STARX Capital Markets Launches $100 Million Sustainable Futures Fund to Combat Climate Change

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STARX Capital Markets Ltd., known for its global presence in the asset management industry, continues to lead by example with a recent philanthropic venture aimed at tackling some of the world’s most pressing challenges. This time, the company has turned its focus to sustainability, launching a multi-million-dollar initiative to support the development of clean energy projects across underserved regions. This new program, called the STARX Sustainable Futures Fund, was announced in early June and has quickly gained momentum in various parts of the world.

 Robert Herro, STARX’s Chief Financial Mentor and Director of Investment Management, made the announcement at an exclusive conference in London in June 2024. During the event, Robert Herro emphasized the importance of financial firms contributing to the global effort against climate change. “We understand the profound impact that financial institutions can have on environmental sustainability,” Robert Herro said. “The STARX Sustainable Futures Fund is designed to channel capital toward projects that have the potential to make a lasting, positive impact on our planet.”

Launched in July 2024, the STARX Sustainable Futures fund has raised $100 million to support carbon reduction and renewable energy projects in developing economies.

The fund, which was formally launched in July 2024, has already raised over $100 million in commitments from institutional investors. The initiative focuses on funding projects that aim to reduce carbon emissions, increase access to renewable energy, and improve energy efficiency in developing economies. In its first phase, STARX is concentrating efforts on renewable energy projects in Africa, Southeast Asia, and Latin America, regions where clean energy access is still significantly underdeveloped.

Through its new fund, STARX is partnering with local governments, non-governmental organizations (NGOs), and private companies to ensure that these projects are not only financially viable but also bring tangible benefits to the communities they serve. “Our goal is to create a win-win situation,” Robert Herro explained at a press briefing in Nairobi on July 20, 2024. “By investing in sustainable energy projects, we can both generate solid returns for our investors and contribute to the betterment of communities in regions where energy access is still a challenge.”

The STARX Sustainable Futures Fund’s Kenyan solar farm will serve 100,000, reducing diesel use and fostering local education and jobs.

The STARX Sustainable Futures Fund supports a Kenyan solar farm for 100,000 people, reducing diesel use. It also funds education and job creation locally.

One of the standout projects backed by the STARX Sustainable Futures Fund is a solar farm in Kenya, which aims to bring affordable and clean energy to over 100,000 people in rural areas. The solar farm, expected to be operational by the end of 2024, will significantly reduce reliance on diesel-powered generators, cutting down on harmful emissions and providing a more sustainable energy source for communities in the region. Robert Herro, who visited the project site in July, described it as “a blueprint for the kind of positive impact we want to replicate globally.”

In addition to supporting clean energy initiatives, STARX has also committed a portion of the fund to education and job creation in these regions. The company is working with local universities and vocational schools to train the next generation of engineers and energy professionals. Through these educational partnerships, STARX aims to build local capacity and ensure that the benefits of clean energy development extend beyond the immediate economic impact of the projects.

During an event in Cape Town in August, 2024, Robert Herro discussed the broader vision behind STARX’s sustainability initiatives. “Sustainability is not just about addressing environmental issues. It’s also about creating economic opportunities and improving quality of life for people in these regions. By investing in clean energy, we’re not only helping to reduce carbon emissions but also fostering long-term growth and stability,” he said.

The STARX Sustainable Futures Fund is part of the company’s broader commitment to environmental, social, and governance (ESG) principles. Over the past few years, STARX has increasingly integrated ESG criteria into its investment strategy, recognizing that socially responsible investments are not just good for the planet—they also make good financial sense. “We’ve seen a growing demand from our clients for investment opportunities that align with their values,” Robert Herro noted. “The STARX Sustainable Futures Fund allows us to meet that demand while also contributing to a cause that we deeply believe in.”

Our vision is to build a comprehensive investment platform that addresses the key environmental challenges of our time while delivering strong returns to our investors.” Robert Herro explained.

Robert Herro and the team at STARX are already planning to expand the fund’s reach. By the end of 2025, the company aims to increase the fund’s size to $500 million and extend its focus to additional sustainability sectors, including water management, sustainable agriculture, and green transportation. “This is just the beginning,” Robert Herro said. “Our vision is to build a comprehensive investment platform that addresses the key environmental challenges of our time while delivering strong returns to our investors.”

While STARX is making waves with its financial contributions to sustainability, the company is also taking steps to reduce its own carbon footprint. As of August 2024, STARX has pledged to become carbon neutral by 2030, an ambitious goal that will involve transitioning to renewable energy across its global offices and implementing more sustainable business practices throughout its operations. The company has already begun installing solar panels at its New York headquarters and has partnered with various green tech companies to integrate energy-efficient systems in its offices around the world.

STARX blends profitability with purpose through its Sustainable Futures Fund, aiming for both financial success and a more sustainable, equitable global economy.

Looking ahead, STARX remains committed to blending profitability with purpose. The STARX Sustainable Futures Fund is just one example of how the company is using its resources to drive positive change, both for its investors and for the world at large. As STARX continues to grow, it is clear that the company’s legacy will not only be defined by its financial success, but also by its contributions to a more sustainable and equitable global economy.

As Robert Herro concluded in his remarks at the August press conference, “At STARX, we believe that the future of finance is inextricably linked to the future of our planet. By taking action now, we can help ensure a better world for generations to come.”

Contact details

Company name: STARX Capital Markets Ltd.

Website link: https://www.facebook.com/starxcapital/

Contact emailstarxvip@proton.me

Country: United States

City: New York

Contact person name: Yolanda Jones 

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Nextshoess: Dominating the Sneaker Game with Over 50,000 Instagram Followers and Premium Selections

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Auckland, NZ, 6th October 2024, ZEX PR WIRE, Nextshoess, one of the fastest-growing online sneaker platforms, has quickly risen to prominence in the global sneaker community. With over 50,000 Instagram followers and a thriving customer base of more than 20,000 clients worldwide, Nextshoess is making waves as the go-to destination for sneaker enthusiasts seeking bold, fashionable designs at accessible prices.

Launched in April 2017, Nextshoess began with a simple dream: to create a platform that not only sold trendy sneakers but also fostered a community of like-minded individuals who share a passion for footwear. The founders recognized several challenges in the online sneaker market, particularly when it came to quality, customer service, and product authenticity. With this in mind, they made it their mission to revolutionize the industry, promising to put the needs of customers first, even at a higher cost.

A Mission to Redefine Sneaker Shopping

At its core, Nextshoess is driven by a simple philosophy: every step you take should come with personality. The brand curates a wide selection of high-quality sneakers from premium brands like Nike, Air Jordan, and Yeezy, ensuring that customers not only look stylish but also receive products that stand the test of time. From classic designs to limited-edition releases, Nextshoess has something for everyone, regardless of their fashion preferences.

However, what truly sets Nextshoess apart from its competitors is its commitment to building a community. By fostering a loyal following on social media, particularly Instagram, the brand has created a space where sneaker lovers from around the world can come together to share their love for shoes, discuss the latest trends, and engage with the brand on a personal level.

Customer-Centric Approach

In an industry where fast fashion often leads to compromises on quality, Nextshoess prides itself on offering premium products while maintaining a high standard of customer service. The company works closely with trusted retailers and boutiques globally to ensure that every order is fulfilled with care and precision. This means that customers can expect their sneakers to arrive on time and in pristine condition, every time.

“We understand that delivering high-quality service comes at a higher cost on our side, but it’s a responsibility we’re more than willing to take for our community,” said a spokesperson for Nextshoess. “Our customers are our top priority, and we want them to have a seamless, enjoyable shopping experience from start to finish.”

A Growing Global Presence

With its headquarters in Auckland, New Zealand, Nextshoess has built a global footprint, delivering sneakers to customers across the world. The brand’s focus on premium shipping and packaging ensures that products arrive safely, regardless of distance. The company’s carefully curated sneaker collection caters to both men and women, offering timeless designs that appeal to fashion-forward individuals of all ages.

What’s Next for Nextshoess?

As the sneaker industry continues to evolve, Nextshoess remains committed to staying ahead of the curve. The company is constantly expanding its product offerings, working with new partners, and exploring innovative ways to enhance the customer experience.

For more information, visit Nextshoess.co.nz and browse the latest collection of premium sneakers.

Press Contact: Nextshoess 

www. nextshoess.co.nz

Mount Wellington, Auckland 1060, New Zealand

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Press Release

Dubai’s Ultimate Blockchain Event to Unite Visionary Innovators and Global Leaders

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Dubai, United Arab Emirates, 6th October 2024, ZEX PR WIREFuture Blockchain Summit 2024, the region’s most immersive large-scale blockchain event, is set to take place at the iconic Dubai Harbour from October 13-16, 2024. As the premier event in MENA, it will bring together more than 1200 investors, 120 exhibitors, and 150+ speakers from over 50 countries, uniting the blockchain and crypto ecosystem under one roof. This year’s event will be a hub for groundbreaking ideas and collaborations designed to shape the future blockchain technology and its impact on global industries.

Dubai, recognized as a global Web3 hub, offers a fertile ground for blockchain innovation, thanks to its forward-thinking government policies, comprehensive regulatory framework, and access to capital. Since its inception in 2018, aligned with the Dubai Blockchain Strategy and Emirates Blockchain Strategy, the Future Blockchain Summit has become the region’s flagship event for blockchain, spanning the vibrant tech markets of the Middle East, Africa, and Asia.

Peter Brady, Associate Vice President Technology Cluster at Dubai World Trade Centre, remarked, “Future Blockchain Summit 2024 will once again serve as a dynamic platform designed to empower disruptors and ignite sector growth. We are excited to bring together the brightest minds and leaders to foster collaboration, inspire transformation, and solidify Dubai’s position as a global hub for blockchain innovation.”

The 2024 edition will offer groundbreaking discussions on the convergence of blockchain with AI, the Internet of Things (IoT), and extended reality (XR). Leaders and innovators from Europe and North Africa will dive into how these combined technologies are transforming industries. Attendees will also gain invaluable insights on:

  • The rise of non-fungible tokens (NFTs) in protecting digital assets and reshaping ownership models.

  • Tokenization of traditional assets and the explosion of decentralized finance (DeFi), a force set to disrupt financial markets and create new investment avenues.

  • Digital identities in the Web3 era, a critical topic addressed by Brian Rose, Founder & Host of London Real, and Raido Saar, President of the Estonian Web3 Chamber. This session will explore how blockchain enables self-sovereign identities, empowering users to control their personal data and digital presence.

Key discussions will include Sebastien Borget, Co-Founder & COO of The Sandbox, and Yat Siu, Co-Founder & Executive Chairman of Animoca Brands, during the “Into the Metaverse” panel. They will delve into the impact of blockchain on gaming, community-driven ecosystems, and the role of AI, VR, and AR in creating next-gen gaming experiences. The future of decentralized game development and the rise of esports will also be explored, providing attendees with a comprehensive look at the future of the gaming industry.

Another must-attend session is the “Navigating Global Regulations” panel, which will compare regulatory frameworks across the US, Europe, and Asia, while emphasizing the role of compliance tools and regulatory sandboxes in enabling experimentation and cross-border collaboration.

Sponsors for this year’s summit include Bitpanda, Coin W, DMCC, Fastex, Toobit, Sui, Coindesk Indices, M2, Fasset, and others, all of whom are at the forefront of blockchain innovation.

For more information about the summit and agenda, visit www.futureblockchainsummit.com/

About Future Blockchain Summit

Future Blockchain Summit is the leading blockchain exhibition and MENA region’s most immersive large-scale blockchain event. Capitalising on Dubai’s status as a global Web3 hub, the event will unite the entire blockchain and crypto ecosystem and provide a leading platform to foster collaboration.

Powered by GITEX Global, the seventh edition of Future Blockchain Summit will bring together more than 1200 investors, 150 exhibitors, and 120 speakers from across countries at the iconic Dubai Harbour, from 13-16 October 2024. It will take place alongside GITEX Impact, Expand North Star, FinTech Surge and Marketing Mania.

Expand North Star

Expand North Star 2024, the world’s largest event for start-ups and investors, will bring together leading founders, VCs, tech innovators, and ecosystem enablers to the Dubai Harbour, taking place from 13-16 October 2024. Hosted by the Dubai Chamber of Digital Economy and organised by Dubai World Trade Centre, Expand North Star features four co-located events: GITEX IMPACT, Fintech Surge, Future Blockchain Summit, and Marketing Mania. This 9th edition will welcome over 1,800 global startup exhibitors, 1,200 investors, and 250 speakers from 100 countries. The show is inspired by the world largest tech show, GITEX GLOBAL, which will take place from 14-18 October 2024, at Dubai World Trade Centre. 

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Press Release

Fintech Surge 2024: Revolutionising Finance With Cutting-Edge Innovations And Strategic Partnerships

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Middle East and North Africa’s largest fintech show to welcome innovative game-changers and industry leaders from the global fintech community.

Dubai, United Arab Emirates, 6th October 2024, ZEX PR WIREFintech Surge, the Middle East and North Africa’s largest fintech event, will take place at Dubai Harbour from 13-16 October 2024. As an integral part of Expand North Star, powered by GITEX GLOBAL, the fourth edition is set to attract over 100 exhibitors, more than 1,200 investors, and 120-plus speakers from over 70 countries. The event solidifies its position as the premier destination for fintech thought leadership, strategic partnerships, and innovation across the region.

As the UAE continues to cement its role as a global fintech hub, Fintech Surge 2024 arrives at a pivotal time. The UAE’s fintech market is projected to grow from USD 3.16 billion in 2024 to USD 5.71 billion by 2029, driven by a progressive regulatory environment and the rapid adoption of digital banking solutions. Last year, the fintech sector saw a remarkable 92% surge in funding, further elevating the UAE as a powerhouse of innovation in MENA’s fintech landscape.

“Fintech Surge is where the world’s fintech entrepreneurs come to trade in innovation. As the UAE continues to lead in digital transformation, this year’s edition will welcome international companies at the forefront of embedded finance, autonomous finance, and digital currencies, to forge partnerships with technology giants and large enterprises, and shape the future of finance,” said Peter Brady, Associate Vice President at Dubai World Trade Centre.

The event will spotlight critical trends shaping the future of finance, such as digital banking, fintech investment, and the growing collaboration between banks and fintechs. The ‘Future of Money’ conference will cover key themes, including fintech investing, digital banking, and SME Elevate track. As the financial world increasingly shifts toward digital transactions, e-wallets and cashless payment systems are transforming the global landscape. In the panel discussion ‘Rock, Paper, Cashless,’ Asim Chohan, COO at Morgan Stanley USA, will join other experts to explore the implications of a cashless society and its future impact.

The SME Elevate track will feature discussions on empowering small and medium-sized enterprises through fintech, including the Conversation Circle titled ‘Cool Cash—Future Trends in Lending, Microfinance, and Investments.’ Speakers such as Ibrahim Abdel Rahim, Co-founder of Moonbase Capital (Spain), and Chérifatou Ibrahima Agoumo, Regional Innovation and Technology Advisor at CARE USA, will examine how fintech innovation is driving economic growth for SMEs and individuals.

Other sessions will focus on emerging financial technologies, including open banking, embedded finance, and the transformational role of AI in banking. The rise of stablecoins, Central Bank Digital Currencies (CBDCs), and sustainable finance models will also be explored, as the fintech sector continues to innovate while addressing challenges in cybersecurity and regulatory compliance.

With a powerful programme featuring global fintech giants alongside a vibrant start-up community, Fintech Surge will be the essential meeting point for those looking to shape the financial ecosystems of tomorrow. The event will serve as a launchpad for start-ups and innovators, offering a unique opportunity at Demo Day to showcase live prototypes that push industry boundaries. These solutions will highlight how fintech is creating faster, more convenient, and secure ecosystems to meet the growing demands of today’s digital consumers.

Sponsors and exhibitors for the 2024 edition include major industry players such as Codego, Geidea, ADIB Bank, WIO Bank, and pavilions by Fintech Lithuania, Hong Kong, and London & Partners. More information can be found at www.fintechsurge.com.

Press Registration: Click Here

About Fintech Surge

Fintech Surge is the most sought after gathering for the global fintech industry. Capitalising on Dubai’s pioneering status as a leading location for fintechs, it is the foremost platform where international finance and technology players meet to create limitless opportunities. More than 1,200 investors, 150 exhibitors and more than 100 speakers from more than 70 countries will gather to chart the way forward and inspire industry-wide transformation. The fourth edition of Fintech Surge will take place from 13-16 October 2024 alongside GITEX GLOBAL, uniting the global community at the iconic Dubai Harbour. It is co-located with GITEX IMPACT, Expand North Star, Future Blockchain Summit and Marketing Mania.

Expand North Star

Expand North Star 2024, the world’s largest event for start-ups and investors, will bring together leading founders, VCs, tech innovators, and ecosystem enablers to the Dubai Harbour, taking place from 13-16 October 2024. Hosted by the Dubai Chamber of Digital Economy and organised by Dubai World Trade Centre, Expand North Star features four co-located events: GITEX IMPACT, Fintech Surge, Future Blockchain Summit, and Marketing Mania. This 9th edition will welcome over 1,800 global startup exhibitors, 1,200 investors, and 250 speakers from 100 countries. The show is inspired by the world largest tech show, GITEX GLOBAL, which will take place from 14-18 October 2024, at Dubai World Trade Centre.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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