Internationale Luftfahrtchefs versammeln sich zur 12. DIACC in Dubai

DUBAI, Vereinigte Arabische Emirate, Nov. 20, 2025 (GLOBE NEWSWIRE) — Unter der Schirmherrschaft Seiner Hoheit Scheich Mohammed bin Rashid Al Maktoum, Vizepräsident und Premierminister der Vereinigten Arabischen Emirate und Herrscher von Dubai, eröffnete Seine Exzellenz Mohamed bin Mubarak bin Fadhel Al Mazrouei, Staatsminister für Verteidigungsangelegenheiten der Vereinigten Arabischen Emirate, die 12. Ausgabe der Dubai International Air Chiefs Conference.

An der Eröffnungszeremonie im Atlantis – The Palm, Dubai, nahmen mehr als 100 offizielle Delegationen aus aller Welt teil, darunter hochrangige Vertreter des Verteidigungsministeriums, Kommandeure der Luftwaffe, Stabschefs befreundeter und verbündeter Nationen sowie Entscheidungsträger und Führungskräfte großer nationaler, regionaler und internationaler Unternehmen aus den Bereichen Verteidigung, Luftfahrt, Spitzentechnologie, Weltraumwissenschaften und künstliche Intelligenz.

Die Konferenz wurde vom Verteidigungsministerium der Vereinigten Arabischen Emirate in strategischer Partnerschaft mit der ADNEC Group unter dem Motto „Hypersonic Edge: Re–Envisioning Airpower Across Asymmetric Spaces“ (Hypersonic Edge: Neukonzeption der Luftwaffe in asymmetrischen Räumen) organisiert.

Session 1

Die erste Session mit dem Titel „Hypersonics, UAVs, and Artificial Intelligence: Adapting Airpower to Asymmetric Battlespaces“ (Hyperschall, UAVs und künstliche Intelligenz: Anpassung der Luftwaffe an asymmetrische Kampfräume) wurde mit einer einleitenden Bemerkung von Joseph Guastella, Corporate Vice President und Regional Executive für Europa und den Nahen Osten bei Northrop Grumman, eröffnet.

An der ersten Session nahmen Generalmajor Rashid Mohammed Al Shamsi, Kommandeur der Luftwaffe und Luftverteidigung der Vereinigten Arabischen Emirate, General Adrian L. Spain, Kommandeur des US Air Combat Command, General Jérôme Bellanger, Stabschef der französischen Luftwaffe und Raumfahrt, und Generalleutnant J.R. Speiser–Blanchet, Kommandeur der Royal Canadian Air Force, teil. Sie diskutierten über den Aufbau einer agilen Koalition und die Bewältigung neuer Herausforderungen im Bereich der Luftstreitkräfte. Anschließend fand eine interaktive Diskussion mit offiziellen Delegationen statt.

An der zweiten Session mit dem Titel „Beyond the Atmosphere: Integrating Air and Space Capabilities for Strategic Superiority“ (Jenseits der Atmosphäre: Integration von Luft– und Weltraumfähigkeiten für strategische Überlegenheit) nahmen Generalmajor Vincent Chusseau, Kommandeur des französischen Weltraumkommandos, und Seine Exzellenz Eng. Salem Butti Al Qubaisi, Generaldirektor der Weltraumagentur der Vereinigten Arabischen Emirate, Air Marshal Stephen Chappell, Chef der Royal Australian Air Force, sowie Air Marshal Narmdeshwar Tiwari, stellvertretender Stabschef der indischen Luftwaffe, teil.

Die dritte und letzte Session mit dem Titel „The Warfighter of Tomorrow: Standards, Artificial Intelligence, and Accountability in Next–Generation Airpower“ (Der Krieger von morgen: Standards, künstliche Intelligenz und Verantwortlichkeit in der Luftwaffe der nächsten Generation) wurde mit einer einleitenden Bemerkung von Dr. Chaouki Kasmi, Präsident für Technologie und Innovation bei der EDGE Group, eröffnet.

An der von Kasmi moderierten Session nahm Generalmajor Jonas Wickman, Kommandeur der schwedischen Luftwaffe, teil und erörterte das Thema der Neugestaltung der Rekrutierung und des Aufbaus der zukünftigen Streitkräfte.

General Son Sug Rag, Stabschef der Luftwaffe der Republik Korea, hielt eine Rede zum Thema „Mastering asymmetric spaces: redefining the warfighter for the future“ (Beherrschung asymmetrischer Räume: Neudefinition des Soldaten der Zukunft).

Generalleutnant Antonio Conserva, Chef der italienischen Luftstreitkräfte, sprach über das Thema „Standards under pressure: maintaining excellence in the age of automation“ (Standards unter Druck: Aufrechterhaltung von Spitzenleistungen im Zeitalter der Automatisierung).

Professor Peter Hays vom Space Policy Institute der George Washington University hielt einen Vortrag mit dem Titel „Learning to Learn: Building Intellectual Readiness for the Future Space Battlespace“ (Lernen lernen: Intellektuelle Vorbereitung auf den zukünftigen Weltraum–Kriegsraum).

Die Diskussion endete mit einer offiziellen Anerkennungszeremonie für die Teilnehmer und einer Gruppenfoto–Session.

Ein Foto zu dieser Mitteilung finden Sie unter http://www.globenewswire.com/NewsRoom/AttachmentNg/7a845457–8765–4061–9420–c92aa633e9ca


GLOBENEWSWIRE (Distribution ID 1001140085)

Chefes da Força Aérea Internacional se reúnem para o décimo segundo DIACC em Dubai

DUBAI, Emirados Árabes Unidos, Nov. 20, 2025 (GLOBE NEWSWIRE) — Sob o patrocínio de Sua Alteza Sheikh Mohammed bin Rashid Al Maktoum, Vice–Presidente e Primeiro–Ministro dos Emirados Árabes Unidos e Governante de Dubai, Sua Excelência Mohamed bin Mubarak bin Fadhel Al Mazrouei, Ministro de Estado para Assuntos de Defesa dos Emirados Árabes Unidos, inaugurou a 12ª edição da Conferência Internacional de Chefes da Força Aérea de Dubai.

A cerimônia de inauguração do Atlantis – The Palm, Dubai, contou com a participação de mais de 100 delegações oficiais de todo o mundo, juntamente com altos oficiais do Ministério da Defesa, comandantes da Força Aérea, chefes de estado–maior de nações amigas e aliadas, bem como tomadores de decisão e diretores executivos de importantes empresas nacionais, regionais e internacionais especializadas em defesa, aviação, tecnologias avançadas, ciências espaciais e inteligência artificial.

A conferência foi organizada pelo Ministério da Defesa dos Emirados Árabes Unidos em parceria estratégica com o ADNEC Group, sob o tema “Vanguarda Hipersônica: Reimaginando o Poder Aéreo em Espaços Assimétricos”.

Sessão 1

A primeira sessão, intitulada “Hipersônica, UAVs e Inteligência Artificial: Adaptando o Poder Aéreo a Espaços de Batalha Assimétricos”, foi aberta com uma observação introdutória de Joseph Guastella, Vice–Presidente Corporativo e Executivo Regional para a Europa e o Oriente Médio da Northrop Grumman.

A primeira sessão contou com a participação do Major–General Rashid Mohammed Al Shamsi, Comandante da Força Aérea e da Defesa Aérea dos Emirados Árabes Unidos, do General Adrian L. Spain, Líder do Comando de Combate Aéreo dos EUA, do General Jérôme Bellanger, Chefe do Estado–Maior da Força Aérea e Espacial Francesa, e do Tenente–General J.R. Speiser–Blanchet, Comandante da Força Aérea Real Canadense, que abordaram o tema da construção de agilidade em coalizões e da liderança diante dos desafios emergentes do poder aéreo, seguida de um debate interativo com as delegações oficiais.

A segunda sessão, intitulada “Além da Atmosfera: Integrando as Capacidades Aéreas e Espaciais para a Superioridade Estratégica”, contou com a presença do Major–General Vincent Chusseau, Comandante do Comando Espacial Francês, e de Sua Excelência o Engenheiro. Salem Butti Al Qubaisi, Diretor–Geral da Agência Espacial dos Emirados Árabes Unidos; o Marechal do Ar Stephen Chappell, Chefe da Força Aérea Real Australiana; e o Marechal do Ar Narmadeshwar Tiwari, Vice–Chefe do Estado–Maior da Força Aérea da Índia.

A terceira e última sessão, intitulada “O Guerreiro do Amanhã: Padrões, Inteligência Artificial e Responsabilidade no Poder Aéreo da Próxima Geração”, foi aberta com uma observação introdutória do Dr. Chaouki Kasmi, Presidente de Tecnologia e Inovação do EDGE Group.

A sessão, moderada por Kasmi, contou com a presença do Major–General Jonas Wickman, Comandante da Força Aérea Sueca, e discutiu a reformulação do recrutamento e a construção da força do futuro.

O General Son Sug Rag, Chefe do Estado–Maior da Força Aérea da República da Coreia, discursou sobre o tema “Dominando espaços assimétricos: redefinindo o combatente do futuro”.

O Tenente–General Antonio Conserva, Chefe da Força Aérea Italiana, abordou o tema “Padrões sob pressão: mantendo a excelência na era da automação”.

O professor Peter Hays, do Instituto de Política Espacial da Universidade George Washington, apresentou um artigo intitulado “Aprendendo a Aprender: Construindo a Prontidão Intelectual para o Futuro Campo de Batalha Espacial”.

A discussão foi concluída com uma cerimônia oficial de reconhecimento dos participantes e uma sessão de fotos em grupo.

Uma foto que acompanha este comunicado está disponível em http://www.globenewswire.com/NewsRoom/AttachmentNg/7a845457–8765–4061–9420–c92aa633e9ca


GLOBENEWSWIRE (Distribution ID 1001140085)

قادة القوات الجوية حول العالم يجتمعون في دبي على هامش الدورة الثانية عشرة من مؤتمر Dubai International Air Chiefs Conference (DIACC)

دبي، الإمارات العربية المتحدة, Nov. 20, 2025 (GLOBE NEWSWIRE) — برعاية كريمة من صاحب السمو الشيخ محمد بن راشد آل مكتوم Mohammed bin Rashid Al Maktoum، نائب رئيس دولة الإمارات العربية المتحدة، رئيس مجلس الوزراء وحاكم دبي، تفضّل معالي محمد بن مبارك بن فاضل المزروعي Mohamed bin Mubarak bin Fadhel Al Mazrouei، وزير الدولة لشؤون الدفاع، بافتتاح الدورة الثانية عشرة من مؤتمر Dubai International Air Chiefs Conference، الحدث العالمي الأبرز الذي يجمع نخبة من القيادات العسكرية وصنّاع القرار في مجال الطيران والدفاع.

وشهد حفل الافتتاح، الذي احتضنه منتجع أتلانتس – النخلة في دبي، مشاركة دولية رفيعة المستوى لأكثر من مئة وفد رسمي من مختلف أنحاء العالم. وقد توافد إلى الحدث كبار قادة وزارة الدفاع، وقادة القوات الجوية، ورؤساء الأركان من الدول الشقيقة والصديقة. كما شارك كبار صُنّاع القرار والرؤساء التنفيذيون لأهم الشركات الوطنية والإقليمية والدولية العاملة في ميادين الدفاع والطيران والتقنيات المتقدمة وعلوم الفضاء والذكاء الاصطناعي، ليشكّل الحفل منصة تجمع الخبرات العالمية وتستشرف مستقبل الابتكار العسكري والفضائي.

ينعقد المؤتمر الذي تنظمه وزارة الدفاع الإماراتية بالشراكة الاستراتيجية مع مجموعة ADNEC، ويُقام تحت شعار “الحدّ الفرط–صوتي: إعادة تصور القوة الجوية عبر الفضاءات غير المتكافئة”.

الجلسة الأولى

استهلّت الجلسة الحوارية الأولى، التي حملت عنوان “السرعة الفرط صوتية ، الطائرات بدون طيار والذكاء الاصطناعي: تكيّيف القوة الجوية مع ساحة المعركة الغير متكافئة“، بكلمة تمهيدية ألقاها Joseph Guastella، نائب الرئيس التنفيذي للشؤون المؤسسية والرئيس الإقليمي لأوروبا والشرق الأوسط في شركة Northrop Grumman.

وشهدت الجلسة الأولى مشاركة رفيعة المستوى لكلٍّ من اللواء الركن Rashid Mohammed Al Shamsi، قائد القوات الجوية والدفاع الجوي لدولة الإمارات العربية المتحدة، والفريق أول Adrian L. Spain، قائد قيادة القتال الجوي في القوات الجوية الأمريكية، والفريق أول Jérôme Bellanger، رئيس أركان القوات الجوية والفضائية الفرنسية، والفريق أول J.R. Speiser–Blanchet، قائد القوات الجوية الملكية الكندية. وتناول القادة خلال مداخلاتهم سُبل تعزيز مرونة التحالفات الجوية وقيادة القوات المسلّحة في ظل التحديات المتسارعة التي تفرضها قدرات القتال الجوي الحديثة. واختُتمت الجلسة بنقاش تفاعلي موسّع شاركت فيه الوفود الرسمية، حيث تبادل الخبراء وجهات النظر حول التقنيات الناشئة في ميدان القوة الجوية.

وحملت الجلسة الحوارية الثانية عنوان “ما بعد الغلاف الجوي: دمج القدرات الجوية والفضائية لتحقيق التفوق الاستراتيجي”، وتضمّنت كلمات لكلٌّ من اللواء Vincent Chusseau، قائد مركز الفضاء الفرنسي، وسعادة المهندس Salem Butti Al Qubaisi، المدير العام لوكالة الإمارات للفضاء، والفريق طيار Stephen Chappell، قائد سلاح الجو الملكي الأسترالي، تلاه المارشال الجوي Narmdeshwar Tiwari، نائب رئيس الأركان الجوية والقوات الجوية الهندية.

وانطلقت الجلسة الثالثة والأخيرة، التي حملت عنوان “مقاتل المستقبل: المعايير والذكاء الاصطناعي والمساءلة في الجيل المقبل من القوة الجوية”، بكلمة افتتاحية قدّمها الدكتور Chaouki Kasmi، رئيس شؤون التكنولوجيا والابتكار في مجموعة EDGE.

وقد تولى Kasmi إدارة الجلسة التي شارك فيها اللواء Jonas Wickman، قائد القوات الجوية السويدية، إذ تناولت المناقشات سُبل إعادة التفكير بمنظومات الاستقطاب والتجنيد وبناء قوة جوية مستقبلية قادرة على التكيّف مع التحولات التقنية المتسارعة.

ومن جهته، تطرّق الفريق أول Son Sug Rag، رئيس أركان القوات الجوية الكورية، إلى موضوع “إتقان المساحات غير المتكافئة: إعادة تعريف المقاتل للمستقبل”، حيث قدّم رؤية معمّقة حول المهارات والجاهزية المطلوبة لمواجهة بيئات قتالية معقدة ومتغيرة.

كما تناول الفريق Antonio Conserva، قائد القوات الجوية الإيطالية، محور “المعايير تحت الضغط: الحفاظ على التميّز في عصر الأتمتة”، مسلّطاً الضوء على التحديات التي تواجه القوى الجوية العالمية في ظل التحول الرقمي المتسارع، وضرورة صون أعلى مستويات الانضباط والكفاءة التشغيلية.

وقدّم البروفيسور Peter Hays، من معهد سياسات الفضاء في جامعة جورج واشنطن George Washington، ورقة بعنوان “فن كيفية التعلّم: بناء الجاهزية الفكرية لمعركة الفضاء المستقبلية”، مستعرضاً استراتيجيات تعزيز الكفاءات الفكرية.

واختتمت المناقشات بحفل تكريمي رسمي للمشاركين، تلته جلسة تصوير جماعية وثّقت هذا الحدث البارز.

يمكنكم الاطلاع على الصورة المرفقة بهذا البيان الصحفي عبر الرابط الالكتروني التالي:https://www.globenewswire.com/NewsRoom/AttachmentNg/7a845457–8765–4061–9420–c92aa633e9ca


GLOBENEWSWIRE (Distribution ID 1001140085)

Minovia Therapeutics Mitochondrial Augmentation Technology to be Featured in Presentation and Workshop at the 67th ASH Annual Meeting and Exposition

HAIFA, Israel, Nov. 20, 2025 (GLOBE NEWSWIRE) — Minovia Therapeutics Ltd. (“Minovia” or the “Company”), a clinical–stage biotechnology company developing novel therapies to treat mitochondrial diseases and combat age–related decline, announces that data collected by research teams at Memorial Sloan Kettering Cancer Center (MSK) and Shaare Zedek Medical Center (SZMC) featuring the Company’s mitochondrial augmentation technology in myelodysplastic syndrome (MDS) will be presented at the 67th American Society of Hematology’s (ASH) Annual Meeting and Exposition on December 6–9, 2025 in Orlando, FL. The data will be featured in an oral presentation to be held on Saturday, Dec 6, 2PM ET (abs25–9123_abstract), as well as part of a workshop called, “Mitochondria and metabolism – clinical trials,” to be held Friday, Dec 5, 5:10PM ET.

The oral presentation, to be presented by principal investigator Dr. Omar Abdel–Wahab, will outline the MSK team’s progress with Minovia’s mitochondrial augmentation technology in pre–clinical studies using an MDS animal model, as well as the SZMC team’s work studying the lead product, MNV–201, in low risk MDS patients treated in a Phase 1b clinical trial.1 To date, MNV–201 has demonstrated a high safety and tolerability profile in the seven patients receiving treatment, with no anti–mitochondrial antibodies nor drug–related adverse events. One patient experienced transfusion independence with rising hemoglobin levels that have since been sustained for more than 10 months. The same patient also demonstrated improvement in blood–based biomarkers of mitochondrial function.

“The data we continue to see with our lead product, MNV–201, is encouraging, and we are grateful to the MSK nonclinical and SZMC clinical teams for spearheading the research to demonstrate its utility in this indication. We are excited by the possibility suggested by preclinical studies that mitochondrial augmentation of hematopoietic stem and progenitor cells may enable delay in disease progression to Acute Myeloid Leukemia (AML), and by the positive preliminary clinical response. We believe this continues to demonstrate the great potential of mitochondrial augmentation, first highlighted at ASH in a presentation by Dr. Elad Jacoby selected as ‘Best of ASH’ in 2018. We will continue to develop our program to facilitate the introduction of this treatment modality into the MDS context,” said Minovia Co–founder and CEO, Natalie Yivgi–Ohana, Ph.D.

MNV–201 has been granted Fast Track and Orphan Drug Designations from the U.S. Food and Drug Administration for MDS, and both Fast Track and Rare Pediatric Disease Designation for Pearson Syndrome.

The Company also announced entry into a definitive business combination agreement (the “Business Combination Agreement”) with Launch One Acquisition Corp. (Nasdaq: LPAA, “Launch One”), a publicly traded special purpose acquisition company. Following the expected closing of the transaction contemplated by this Business Combination Agreement (the “Business Combination”), projected for early 2026, the combined company will operate as Minovia Therapeutics and trade on Nasdaq under a new ticker symbol.

About MDS

MDS is defined by ineffective hematopoiesis resulting in blood cytopenia, and clonal instability with a risk of evolution to AML. Patients with MDS collectively have a high symptom burden and are also at risk of death from complications of cytopenia and AML. The goals of therapy for patients with MDS are to improve cytopenia, reduce disease–associated symptoms and the risk of disease progression and death, thereby improving both quality of life and lifespan. The median age at diagnosis of MDS is ~70 years, but surprisingly some of the Pearson Syndrome patients develop MDS in a much higher prevalence relative to the disease population. About 15% of the MDS patients will present with Sideroblastic Anemia, the most common symptom in Pearson Syndrome. Minovia developed novel blood biomarkers to measure mitochondrial health and has been able to demonstrate for the first time that MDS is presumably an age–related mitochondrial disease. As such, Minovia is currently conducting a Phase Ib study of MNV–201 in low–risk MDS patients. Six out of the nine expected patients in the study have been dosed so far.

About MNV–201

MNV–201 is a first–in–class cell therapy that uses Minovia’s proprietary Mitochondrial Augmentation Technology (MAT) to add healthy, energy–producing mitochondria into a patient’s own stem cells — aiming to restore organ function and improve health. In early–stage clinical studies, MAT has demonstrated a strong safety profile and signs of multi–system benefit in patients with Pearson Syndrome, including improvements in growth, muscle function, hematologic stability, and improved quality of life.

About Minovia Therapeutics

Minovia Therapeutics, chaired by John Cox, is a clinical–state biotechnology company working on treatments to replace dead or defective mitochondria with new healthy mitochondria, helping people with mitochondrial diseases and fighting aging. Minovia’s main treatment, MNV–201, is already being tested for Pearson Syndrome and Myelodysplastic Syndrome. Minovia is also developing ways to help people live longer, healthier lives. Based in Haifa, Israel, where it operates a GMP facility for mitochondrial drug substance and drug product manufacturing for clinical trials related to its therapy, Minovia is planning to expand operations to the U.S. For more information, visit www.minoviatx.com.

About Launch One Acquisition Corp.

Launch One Acquisition Corp. is a company set up to merge with and take public an exciting business in healthcare or technology. Listed on Nasdaq under the ticker LPAA, Launch One is led by experienced leaders who want to support game–changing solutions. For more information, contact Jurgen van de Vyver at [email protected].

Additional Information and Where to Find It

In connection with the Business Combination and the Business Combination Agreement, among Launch One, Minovia and Mito US One Ltd., a newly formed Israeli company limited by shares (“Pubco”), and certain other parties named therein. Launch One and Minovia intend to file relevant materials with the U.S. Securities and Exchange Commission (“SEC”), including a Registration Statement on Form F–4 of Pubco (the “Registration Statement”), which will include a proxy statement/prospectus of Launch One, and will file other documents regarding the proposed Business Combination with the SEC. This communication is not intended to be, and is not, a substitute for the proxy statement/prospectus or any other document that Launch One has filed or may file with the SEC in connection with the proposed Business Combination. The Registration Statement has not been filed or declared effective by the SEC. Following such filing and upon such declaration of effectiveness, the definitive proxy statement/prospectus contained within the Registration Statement and other relevant materials for the proposed Business Combination will be mailed or made available to stockholders of Launch One as of a record date to be established for voting on the proposed Business Combination.

Before making any voting or investment decision, investors and stockholders of Launch One are urged to carefully read, when they become available, the entire Registration Statement, the proxy statement/prospectus, and any other relevant documents filed with the SEC, as well as any amendments or supplements to these documents, and the documents incorporated by reference therein, because they will contain important information about Launch One, Minovia, Pubco and the proposed Business Combination . Launch One’s investors and stockholders and other interested persons will also be able to obtain copies of the Registration Statement, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, other documents filed with the SEC that will be incorporated by reference therein, and all other relevant documents filed with the SEC by Launch One and/or Pubco in connection with the Business Combination, without charge, once available, at the SEC’s website at www.sec.gov, or by directing a request to Launch One or Minovia at the addresses set forth below.

Participants In the Solicitation

Launch One, Minovia, Pubco and their respective directors, executive officers, other members of management and employees may be deemed participants in the solicitation of proxies from Launch One’s stockholders with respect to the Business Combination. Investors and security holders may obtain more detailed information regarding the names, and interests in the Business Combination, of Launch One’s directors and officers in Pubco's and Launch One’s filings with the SEC, including, when filed with the SEC, the preliminary proxy statement/prospectus, the definitive proxy statement/prospectus, amendments and supplements thereto, and other documents filed with the SEC. Such information with respect to Minovia’s directors and executive officers will also be included in the proxy statement/prospectus. You may obtain free copies of these documents as described above under the heading “Additional Information and Where to Find It.”

Non–Solicitation

This press release is not a proxy statement or solicitation of a proxy, consent or authorization with respect to any securities or in respect of the potential transaction and shall not constitute an offer to sell or a solicitation of an offer to buy the securities of Launch One, Pubco, or Minovia, nor shall there be any sale of any such securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of such state or jurisdiction. No offer of securities shall be made except by means of a prospectus meeting the requirements of the Securities Act of 1933, as amended.

Forward–Looking Statements

This press release includes certain statements that may be considered forward–looking statements within the meaning of the federal securities laws. Forward–looking statements include, without limitation, statements about future events or Minovia’s, Launch One's, or Pubco's future financial or operating performance. For example, statements regarding the development and regulatory approval of MNV–201, the implications of Fast Track Designation, RPD and PRVs and the timing of future clinical trials or potential applications are forward–looking statements. In some cases, you can identify forward–looking statements by terminology such as “may,” “should,” “could,” “might,” “plan,” “possible,” “project,” “strive,” “budget,” “forecast,” “expect,” “intend,” “will,” “estimate,” “anticipate,” “believe,” “predict,” “potential” or “continue,” or the negatives of these terms or variations of them or similar terminology.

These forward–looking statements regarding future events and the future results of Minovia or Launch One are based on current expectations, estimates, forecasts, and projections about the industry in which Minovia or Launch One operates, as well as the beliefs and assumptions of Minovia’s and Launch One's management. These forward–looking statements are only predictions and are subject to, without limitation, (i) known and unknown risks, including the risks and uncertainties indicated from time to time in the final prospectus of Launch One relating to its initial public offering filed with the SEC, including those under “Risk Factors” therein, and other documents filed or to be filed with the SEC by Launch One or Pubco; (ii) uncertainties; (iii) assumptions; and (v) other factors beyond Minovia’s or Launch One's control that are difficult to predict because they relate to events and depend on circumstances that will occur in the future. They are neither statements of historical fact nor promises or guarantees of future performance. Therefore, Minovia’s actual results may differ materially and adversely from those expressed or implied in any forward–looking statements and Minovia and Launch One therefore caution against relying on any of these forward–looking statements.

These forward–looking statements are based upon estimates and assumptions that, while considered reasonable by Minovia and its management, as the case may be, are inherently uncertain and are inherently subject to risks, variability and contingencies, many of which are beyond Minovia’s or Launch One's control. Factors that may cause actual results to differ materially from current expectations include, but are not limited to: (i) the occurrence of any event, change or other circumstances that could give rise to the termination of the Business Combination Agreement and any subsequent definitive agreements with respect to the Business Combination; (ii) the outcome of any legal proceedings that may be instituted against Launch One, Minovia, Pubco, or others following the announcement of the Business Combination and any definitive agreements with respect thereto; (iii) the inability to complete the Business Combination due to the failure to obtain consents and approvals of the shareholders of Launch One and Minovia, to obtain financing to complete the Business Combination or to satisfy other conditions to closing, or delays in obtaining, adverse conditions contained in, or the inability to obtain necessary regulatory approvals required to complete the transactions contemplated by the Business Combination Agreement; (iv) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination; (v) projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, and the estimated implied enterprise value of Minovia; (vi) Minovia’s ability to scale and grow its business, and the advantages and expected growth of Minovia; (vii) Minovia’s ability to source and retain talent, and the cash position of Minovia following closing of the Business Combination; (viii) the ability to meet stock exchange listing standards in connection with, and following, the consummation of the Business Combination; (ix) the risk that the Business Combination disrupts current plans and operations of Minovia as a result of the announcement and consummation of the Business Combination; (x) the ability to recognize the anticipated benefits of the Business Combination, which may be affected by, among other things, competition, the ability of Minovia to grow and manage growth profitably, maintain key relationships and retain its management and key employees; (xi) costs related to the Business Combination; (xii) changes in applicable laws, regulations, political and economic developments; (xiii) the possibility that Minovia may be adversely affected by other economic, business and/or competitive factors; (xiv) Minovia’s estimates of expenses and profitability; (xv) the failure to realize estimated shareholder redemptions, purchase price and other adjustments; and (xvi) other risks and uncertainties set forth in the filings by Launch One and Minovia with the SEC. There may be additional risks that neither Launch One nor Minovia presently know or that Launch One and Minovia currently believe are immaterial that could also cause actual results to differ from those contained in the forward–looking statements. Any forward–looking statements made by or on behalf of Launch One or Minovia speak only as of the date they are made. Neither Launch One nor Minovia undertakes any obligation to update any forward–looking statements to reflect any changes in their respective expectations with regard thereto or any changes in events, conditions or circumstances on which any such statements are based.

Contact

Minovia Therapeutics Ltd.
Natalie Yivgi Ohana, Co–Founder and CEO
+972–74–7039954
[email protected]

Launch One Acquisition Corp.
Jurgen van de Vyver
[email protected]
+1–510–692–9600

Investor Relations
Dave Gentry, CEO
RedChip Companies
+1–407–644–4256
[email protected]

Investor Relations
Jules Abraham
Managing Director, Communications
CORE IR
1–212–655–0924
[email protected]

___________________________
1 Dr. Abdel–Wahab has financial interests related to Minovia Therapeutics.


GLOBENEWSWIRE (Distribution ID 9579259)

Ras Al Khaimah International Airport يعلن عن تعاون مع Alex Group Investment لبناء مبنى جديد لكبار الشخصيات وحظائر للطائرات لتعزيز جاذبية الإمارة كمركز عالمي للترفيه والسياحة

دبي، الإمارات العربية المتحدة, Nov. 20, 2025 (GLOBE NEWSWIRE) — أعلن مطار رأس الخيمة الدولي عن إطلاق مشروع ضخم يتمثّل في بناء مبنى جديد مخصّص لكبار الشخصيات وحظائر للطائرات الخاصة. تمّ الإعلان عن هذا المشروع خلال معرض دبي للطيران 2025 (Dubai Airshow)، في خطوة من شأنها أن تعزز جاذبية الإمارة كمركز عالمي للترفيه والسياحة.

سيتمّ تنفيذ المشروع بالتعاون مع شركة Falcon Executive Aviation، (وهي جزء من مجموعة Alex Group Investment)، وسيكون بمثابة ركيزة أساسية في خطط النمو الهادفة إلى تعزيز البنية التحتية لقطاع الطيران والسياحة في رأس الخيمة. يحتل المطار موقعاً استراتيجياً على بعد 15 دقيقة فقط من المنتجعات الشاطئية الفاخرة في الإمارة، وسيصبح بوابة جوية لتسهيل حركة المسافرين والزوار ذوي القيمة العالية.

بموجب الاتفاقية، ستتولى شركة Falcon Executive Aviation تطوير وتشغيل منشأة جديدة للعمليات الثابتة (FBO)، تتضمن محطة فاخرة بمساحة 1،500 متر مربع، وحظيرة متعددة الأغراض بمساحة 8،000 متر مربع، ومساحات مخصّصة لوقوف للطائرات وتزوّدها بالوقود بمساحة 9،000 متر مربع.

وفي معرض تعليقه على هذه الاتفاقية، قال Eng. Sheikh Salem bin Sultan bin Saqr Al Qasimi، رئيس دائرة الطيران المدني في رأس الخيمة ورئيس مطار رأس الخيمة الدولي: “يمثّل هذا المشروع خطوة محورية وإنجازاً هاماً في مسيرة الإمارة ويعزّز قدرتها على استقبال الزوار والمستثمرين والشركاء ذوي القيمة العالية، ويدعم أهداف الاستدامة طويلة الأجل لقطاع السياحة.”

من جانبه، قال Sultan Rashit Abdulla Rashit Al Shene، مؤسس ورئيس مجموعة Alex Group Investment: يعكس هذا التوسّع التزام Alex Group بترقية مستوى خدمات الطيران الخاص في مختلف أنحاء دولة الإمارات العربية المتحدة، من خلال الجمع بين الفخامة والكفاءة التشغيلية ومعايير الاستدامة المتقدمة، بما يدعم المرحلة المقبلة من عملية تطوير قطاع الطيران.

سيتضّمن مبنى كبار الشخصيات صالة ملكية وأربع صالات مخصّصة لكبار الزوّار والشخصيات، فضلاً عن مساحات ضيافة راقية، ومواقف للطائرات ومهبط للطائرات العمودية ومساحات مخصصة للحلول المستقبلية في مجال التنقّل العمودي. ستكون المنشأة الجديدة متوافقة مع أعلى المعايير العالمية في مجال الطيران، لتزويد المسافرين بمستوى عالٍ من الخصوصية والكفاءة وضمان حصولهم على تجربة سفر مميزة وسلسة وخدمات شخصية مخصّصة. هذا وسيتمّ تصميم المنشأة باستخدام أحدث الابتكارات الصديقة للبيئة لمراعاة معايير شهادة LEED الذهبية، من خلال دمج أنظمة الطاقة الشمسية، ومعدات الدعم الأرضية الكهربائية بالكامل ووقود الطيران المستدام (SAF) للوصل إلى صافي انبعاثات كربونية صفرية من العمليات التشغيلية.

من المتوقع أن يستغرق بناء هذه المنشأة نحو 15 شهراً، وأن يتم افتتاحها في الربع الأول من عام 2027.

للاستفسارات الإعلامية
Ines Nacerddine
مديرة قسم التسويق – قطاع الطيران
Alex Group Investment
البريد الإلكتروني:
[email protected]

يمكنكم الاطلاع على الصورة المرفقة بهذا البيان الصحفي عبر الرابط الالكتروني التالي: http://www.globenewswire.com/NewsRoom/AttachmentNg/6d4752ce–c40a–423e–8bcf–c0aaa3036dbf


GLOBENEWSWIRE (Distribution ID 1001140064)

From COP28 to Belém – Climate Security is Health Security

A Community Health Worker in a door-to-door campaign to vaccinate people in communities in Nanyamba village, Mtwara Region, in southeastern Tanzania. Credit: Kizito Makoye/IPSA Community Health Worker in a door-to-door campaign to vaccinate people in communities in Nanyamba village, Mtwara Region, in southeastern Tanzania. Credit: Kizito Makoye/IPS

A Community Health Worker in a door-to-door campaign to vaccinate people in communities in Nanyamba village, Mtwara Region, in southeastern Tanzania. Credit: Kizito Makoye/IPS

By Desta Lakew and Richard Muyungi
BELÉM, Brazil, Nov 20 2025 – Around the world, the climate crisis is fast becoming the biggest public-health threat of the century. Extreme heat now kills more Europeans than any other natural disaster. Floods in Asia displace millions and contaminate water supplies. Mosquito-borne diseases once confined to the tropics are appearing in southern Europe and the United States.

Nowhere, however, are these impacts more visible—or the responses more instructive—than in Africa, which stands at a pivotal moment in the global climate discourse. Home to 17 percent of the world’s people yet responsible for less than four percent of global emissions, the continent is on the frontline of a crisis it did little to cause.

From the Horn of Africa to the Sahel, droughts, floods, and heatwaves are fueling outbreaks of malaria, cholera, and dengue, while undermining already fragile health systems. The climate crisis is no longer a distant environmental threat; it is a daily public health emergency.

Desta Lakew, Amref Health Africa Group Director for Partnerships & External Affairs

Desta Lakew, Amref Health Africa Group Director for Partnerships & External Affairs

While the Paris Agreement implicitly recognized the importance of health in climate action, it was COP28 in Dubai that marked a watershed moment. For the first time, the world finally began to acknowledge what communities across Africa have long known: climate policy is health policy.

The UAE Declaration on Climate and Health, endorsed by more than 120 countries, acknowledged that every degree of warming worsens public health outcomes and that protecting health systems is essential to climate resilience. Africa’s negotiators were central to that breakthrough—pushing health from the margins to the main stage of climate diplomacy.

Their advocacy has paved the way for the next critical milestone: the Belém Health Action Plan, being launched at COP30 in Brazil. The plan’s pillars—disease surveillance, early-warning systems, climate-smart health infrastructure, and health equity—mirror the priorities laid out in the Common African Position on Climate and Health adopted in Lilongwe and reaffirmed in the Africa Group of Negotiators’ (AGN) Declaration, which came out of the Africa Climate Summit in Addis Ababa.

The AGN was decisive in appointing a climate and health lead coordinator to ensure that health is a key thematic stream within the group, and it is now a key component of their work. The message from Africa is clear: protecting people’s health is the clearest measure of whether climate action succeeds.

Yet the global financing system has not caught up. Less than one percent of adaptation finance targets health, even as climate-sensitive diseases multiply. Despite new pledges at COP28—$300 million from the Global Fund and $100 million from the Rockefeller Foundation—the gap is measured in the hundreds of billions. Africa alone will need roughly $300 billion annually by 2030 to build resilient systems and respond to climate-related loss and damage.

Dr. Richard Muyungi, African Group of Negotiators on Climate Change (AGN) Chair

Dr. Richard Muyungi, African Group of Negotiators on Climate Change (AGN) Chair

Philanthropy is waking up—the recently formed Climate and Health Funders Coalition brings together 35 institutional and individual funders and they have just committed an initial $300 million at COP30, but structural challenges remain.

Most existing climate funds remain locked behind complex applications or arrive as loans that deepen debt in economies already under strain. That approach is not solidarity—it is self-defeat. Pandemics, heat-related mortality, and vector-borne diseases do not respect borders. A health emergency anywhere can quickly become a threat everywhere.

COP30 offers the chance to change course. The Belém Health Action Plan must not become another well-intentioned declaration—it needs financing hardwired to outcomes that save lives: clinics able to function through heatwaves and floods, vaccine cold chains powered by clean energy, and community health workers trained to respond to shifting disease patterns.

To make that happen, global donors, multilateral banks, and high-emitting nations should agree on three urgent steps. First, earmark a defined share of climate finance for health adaptation—not as an afterthought but as a performance metric in every climate-finance report; second, shift from loans to grants for health-related climate resilience to prevent compounding debt crises; third, invest in African-led solutions that the rest of the world can adopt or learn from—from Kenya’s heat-health action plans in Nairobi to Tanzania’s clean cooking agenda.

Africa’s experiences offer valuable lessons for the world. The ingenuity that kept health services running through droughts and pandemics is precisely what other countries will need as wildfires, vector migration, and heat emergencies escalate globally. The world should be studying and scaling these innovations—not waiting for crises to reach their own doorsteps.

Ultimately, if the climate crisis has taught us anything, it is that health security is climate security. What happens in Nairobi or Niamey reverberates in New York and New Delhi. COP30 must deliver ambitious and just outcomes that strengthen adaptation and protect the most vulnerable. We will consider COP30 a failure if it does not deliver an ambitious adaptation decision that resonates with Africa’s climate change impacts and realities.

Leaving Belém with promises alone would be a failure of vision and of justice. Leaving with funded commitments would signal a turning point: proof that the world finally understands that safeguarding health is not a regional concern—it is the foundation of collective resilience and of our shared future.

Desta Lakew is Amref Health Africa Group Director for Partnerships & External Affairs; Dr. Richard Muyungi is African Group of Negotiators on Climate Change (AGN) Chair

IPS UN Bureau

 


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Excerpt:


Less than one percent of adaptation finance targets health, even as climate-sensitive diseases multiply. Africa alone will need roughly $300 billion annually by 2030 to build resilient systems and respond to climate-related loss and damage.

Beyond Buzzwords: COP30’s Opportunity to Deliver on Sustainable Food Systems

Delegates met at the Global Climate-Smart Agriculture Conference in Brasília before the COP30 climate talks. Credit: 2025Clim-Eat/Flickr

By Ana Maria Loboguerrero and Dhanush Dinesh
BELÉM, Brazil, Nov 20 2025 – The language of agricultural sustainability changes like the seasons—from “climate-smart” to “regenerative,” “agroecological,” and “nature-positive.” Each term reflects good intentions, but the growing list risks duplication, confusion and delays.

The recent CSA Conference in Brasília gathered leaders from policy, science and finance ahead of COP30 to focus not on buzzwords but on the shared foundations of sustainable food systems, which is all the more important in the Grave New World. For all the various theories of change, many share the same principles of soil health, crop innovation, inclusive finance and resilient livestock production.

In the midst of the COP30 climate talks, consensus will depend on recognizing that climate action and protecting livelihoods must advance together. Leaders must challenge themselves to measure success not only in emissions reduced, but also in the quality of life sustained by a thriving and resilient rural economy. With Brazil’s COP presidency determined to accelerate agreements into action, the challenge now is to accept and advance context-specific approaches in pursuit of a shared goal.

At present, fragmentation continues to divide institutions, donors, NGOs and producers, with competing ideologies slowing progress toward sustainability at the speed and scale required. For example, while a vast number of organizations are currently backing the concept of regenerative agriculture, others tread the paths of sustainable intensification or climate-smart agriculture. But some of the practices, such as agroforestry, could fall under each of these concepts.

And the Koronivia Joint Work on Agriculture (KJWA), established prior to COP26, has been succeeded by Sharm el-Sheikh Joint Work on the Implementation of Climate Action on Agriculture and Food Security and yet farmers are still waiting for clear national strategies to emerge from years of workshops and working papers. While the principles underpinning these joint work programs are sound, they have not generated action at the speed needed.

On the other hand, the six CSA Conference themes—from soil health and crop innovation to finance and policy—offer a fundamental framework around which there is already much agreement and can deliver results under whichever buzzword it is categorized. The themes also reflect the priorities of Brazil’s Action Agenda and ABC+ Plan, highlighting practical areas of consensus.

Brazil’s experience offers tangible examples of how shared priorities can move from discussion to delivery. The ABC+ Plan (2020–2030) forms the backbone of the country’s low-carbon agriculture strategy, integrating sustainable practices like no-till farming, pasture recovery and biological nitrogen fixation into a coherent national framework. It represents a direct contribution to the COP30’s Action Agenda’s agricultural pillar, transforming abstract goals on soil health and productivity into measurable outcomes.

Building on this, Brazil’s RENOVAGRO is the financing arm that enables the implementation of the ABC+ Plan, demonstrating how public policy can activate private investment to move all Action Agenda ambitions forward together. By tying credit eligibility to verified adoption of low-carbon practices, the program allows farmers to commit to transitions that would otherwise be out of reach. This realizes the ABC+ Plan’s policy objectives and shows that progress depends not necessarily on new ideas, but on acting decisively on the systems that already work.

At COP30, the challenge is not to settle on the right language but to sustain the right actions—whatever this might look like according to local circumstances and resources. Progress depends on scaling what we already agree on: sound policies, accessible finance that doesn’t exclude vulnerable populations and resilient food systems that keep production within environmental limits. The next phase must prioritize implementation over invention.

Leaders have an opportunity to move from promises to performance. The task ahead is to scale what already works—not to define new concepts, but to deliver proven solutions faster.

Brazil’s example shows that integration works better than focusing on the continued search for a universal solution. There is no single path forward, only a combination of context-specific approaches bound by diplomatic agreement and sustainable financing.

By focusing on fundamentals, we can avoid the paralysis of competing definitions and begin to act collectively by applying the policies and practices we know work in ways that fit local realities.

Ana Maria Loboguerrero, Director, Adaptive and Equitable Food Systems at Gates Foundation
Dhanush Dinesh, Chief Climate Catalyst at Clim-Eat

IPS UN Bureau

 


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Excerpt:


In the midst of the COP30 climate talks, consensus will depend on recognizing that climate action and protecting livelihoods must advance together.

Green Our Planet named winner of F1® Allwyn Global Community Award in Las Vegas

  • The final F1® Allwyn Global Community Award of the 2025 season presented to local sustainability education initiative 
  • The €100,000 donation from Allwyn will be used to extend Green Our Planet’s ‘HydroConnect’ programme – which teaches students how to grow food while mastering STEM, nutrition, and sustainability through hydroponics

LAS VEGAS, Nov. 20, 2025 (GLOBE NEWSWIRE) — Allwyn, the multi–national lottery–led entertainment company, and Formula 1® have announced Green Our Planet as the winner of the final F1® Allwyn Global Community Award of the 2025 season. The local Las Vegas initiative was recognised for its HydroConnect programme, which will now be extended thanks to a €100,000 donation (equivalent to over $117,000) from Allwyn.

Ciara Byrne receives the F1® Allwyn Global Community Award in Las Vegas on behalf of winning initiative Green Our Planet ahead of the Formula 1® Heineken Las Vegas Grand Prix 2025.

HydroConnect teaches young students how to grow food while mastering STEM, nutrition and sustainable agriculture. It is Green Our Planet’s answer to addressing two interconnected challenges in under–resourced communities: inequitable access to high–quality STEM education and healthy food. Green Our Planet runs the largest hydroponics programme in the United States operating in 1400+ schools in 44 states and impacting over 500,000 students. In Las Vegas Green Our Planet works with over 200 schools.

The programme has donated hydroponic systems – the world’s most water–efficient form of farming – to 32 schools in under–resourced communities in Las Vegas, and provided teacher training to turn science into a hands–on experience for over 24,000 students in the United States.

Formula 1’s support for Green Our Planet takes many forms. In addition to providing funding, Formula 1 serves as the presenting sponsor of Green Our Planet’s Giant Student Farmers Market, the largest student–run farmers market in the United States held annually in Las Vegas. Each year, thousands of students showcase produce they’ve grown in school gardens and hydroponic systems — an important celebration of youth entrepreneurship, sustainability, and community. The FORMULA 1® HEINEKEN LAS VEGAS GRAND PRIX 2025 team has even installed its own hydrophobic micro farm at the track – a powerful statement of the iconic race’s commitment to sustainability. These hydroponic units conserve up to 90% more water than traditional agriculture, which is an important innovation considering its desert climate.

The F1 Allwyn Global Community Award recognises outstanding contributions to society that F1–linked initiatives are making in the places they race. Green Our Planet directly connects with the four social goals of the Award, demonstrating local impact in the areas of education, culture, wellbeing and sustainability.

Aleš Veselý, CEO at Sazka, part of Allwyn, and F1® Allwyn Global Community Award judge said: “At Allwyn, our ethos is ‘taking a chance gives you one,’ and Green Our Planet’s HydroConnect programme perfectly embodies that spirit. Combining STEM education with sustainable agriculture equips thousands of young students with vital real–world skills while addressing challenges like food insecurity and unequal access to education. We’re thrilled that our donation will help expand this impactful initiative, fostering future generations of innovators and changemakers.”

Ellen Jones, Head of ESG at Formula 1 and F1® Allwyn Global Community Award judge said: “Green Our Planet stood out to the judges because its work touches many of the elements that we look to recognise with this Award. It's a unique project that delivers tangible results – particularly in its innovative approach to connecting children with sustainability and important life skills. I’d love to think that their work will help inspire a future generation of sustainability and community leaders one day.”

F1® Allwyn Global Community Award winner, Ciara Byrne, Green Our Planet, said: “At Green Our Planet, we believe that when students learn to grow food, they also grow curiosity, confidence, and a connection to the planet. To have Formula 1 and Allwyn — both global symbols of innovation — recognise that work means the world to us. Their support will help us bring hands–on STEM and sustainability education to even more students, empowering the next generation of innovators and caretakers of our planet.“

The F1® Allwyn Global Community Award, created as part of the multi–year partnership between Formula 1 and Allwyn, reflects a shared commitment to driving positive change and giving back to the communities in which they operate. This year a total of four local initiatives – including those previously announced in the Netherlands, Austin and Mexico – were chosen by judges to each win a €100,000 donation from Allwyn and the chance to visit a Formula 1 Grand Prix.

Notes to Editors

About Allwyn
Allwyn is a multi–national gaming entertainment company, lottery–led and with leading market positions and trusted brands across Europe and North America. Its purpose is to make play better for all by focusing on innovation, technology, player safety and returning more to good causes across a growing casual gaming entertainment portfolio.

Media enquiries [email protected]

About Allwyn’s partnership with Formula 1®
The multi–year partnership with Formula 1® represents a drive towards increased global awareness for Allwyn, with the sport’s 24 races across the globe, 750 million fans, and 96 million social media followers, as well as its reach across broadcast channels and entertainment outlets.

The partnership will reinforce Allwyn's position as an international brand driving community impact across the world, in support of its global growth plans.

At the heart of the partnership is the development of initiatives that will support the company’s ambition to be a positive contributor to society globally. With Allwyn and Formula 1® equally committed to empowering fans and local communities, the partnership will give Allwyn the opportunity to utilise the sport’s ever–growing international fan base to celebrate those making positive change, sharing these inspiring stories on a global level.

About Formula 1®
Formula 1® racing began in 1950 and is the world’s most prestigious motor racing competition, as well as the world’s most popular annual sporting series. Formula One World Championship Limited is part of Formula 1® and holds the exclusive commercial rights to the FIA Formula One World Championship™. Formula 1® is a subsidiary of Liberty Media Corporation (NASDAQ: FWONA, FWONK, LLYVA, LLVYK) attributed to the Formula One Group tracking stock. The F1 logo, F1 FORMULA 1 logo, FORMULA 1, F1, FIA FORMULA ONE WORLD CHAMPIONSHIP, GRAND PRIX, PADDOCK CLUB and related marks are trademarks of Formula One Licensing BV, a Formula 1 company. All rights reserved.

Press contacts
Formula 1 Press Office
E: [email protected]  
T: @f1media

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/d6c5ee49–6d9a–491b–887e–a7ee84881529


GLOBENEWSWIRE (Distribution ID 1001139955)

Africa has a Debt Crisis: Momentum from G20 in South Africa can Help Find Solutions

Rising debt, geopolitical instability and declining aid flows are intensifying external pressure on African economies. In a briefing to the Africa Group of ambassadors at the United Nations headquarters last July, Claver Gatete, Executive Secretary of the Economic Commission for Africa (ECA), highlighted the economic pressures facing African countries and outlined ECA’s response, from budget stabilization and strengthened data systems to advancing regional priorities. Held at the Permanent Mission of the African Union to the UN, the session came amid growing uncertainty for African economies, with many facing debt distress, inflation and trade disruptions driven by global policy shifts.

By Danny Bradlow
PRETORIA, South Africa, Nov 20 2025 – The end of South Africa’s G20 presidency does not mean the end of its ability or responsibility to promote the issues it prioritised during 2025. It can still advocate for action on some of these issues through its further participation in the G20 and in other international and regional forums.

In this article, I argue that going forward South Africa should prioritise the financial challenges confronting Africa that it championed in 2025.

South Africa established four overarching priorities for its G20 presidency. Two of them dealt with finance. One sought to “ensure debt sustainability for low-income countries”. The other was to mobilise finance for a just energy transition.

The importance of debt, development finance and climate to Africa’s future is clear. Over half of African countries are either in debt distress or at risk of being in distress. More than half of Africa’s population live in countries that are spending more on servicing their debt than on health and/or education.

In addition, 17 African countries experienced net debt outflows in 2023. This means that they were using more foreign exchange to pay their external creditors than they received in new debts that could be used to finance their development. The continent is also experiencing extreme weather events that are adversely affecting food security and human wellbeing.

In short, African countries are caught in a vicious cycle. The impacts of climate and their struggle to meet their debt obligations are interacting in ways that undermine their ability to meet their sustainable development goals.

South Africa’s priorities

South Africa’s priorities for its G20 presidency were ambitious. Success required meaningful action at three levels:

Awareness. South Africa would need to bring the international community to a better understanding of the nature of the debt and development finance challenges confronting African countries and of the consequences of failing to address them.

Process. South Africa would need to convince the G20 to correct the shortcomings in the Common Framework it had devised to deal with low-income countries seeking debt relief.

The examples of Zambia and Ghana showed that the Common Framework was cumbersome, slow and unduly favourable to creditors. For example, the framework requires the debtor to engage separately with each group of its creditors in a sequential process. This means that it should not negotiate with its commercial creditors until it has successfully negotiated with its official creditors.

Commercial creditors can’t give debt relief until the official creditors are satisfied with their deal and are confident that the commercial creditors will not receive more favourable treatment from the debtor than they have received.

Another complication is the IMF’s multiple roles in debt restructurings as an advisor to and a creditor of the debtor countries. In addition, it does the debt sustainability analysis that determines the amount of debt relief that all other creditors are expected to provide to the debtor country in order for it to regain debt sustainability.

The more optimistic its assessment, the smaller the contributions the various creditors, including the IMF, are expected to provide. These contributions can either be in the form of new funding or new debt terms.

Substance. The current debt restructuring process treats debt as a technical financial and legal problem rather than as the complex multifaceted problem that is experienced by debtor countries. The former perspective limits the scope of debtor-creditor negotiations to the terms of the financial contracts.

The negotiations focus on the adjustments that must be made to these terms because the debtor cannot comply with its originally accepted obligations. They treat as largely outside the scope of the discussions the adverse impact the debt situation has on the sovereign debtor’s other legal obligations and on the social, political, environmental and cultural situation in the debtor country.

This approach in effect leaves the debtor to deal with these other issues on its own. This artificial distinction between the debtors’ other legal obligations and those it owes to its creditors makes it very difficult for the debtor to escape the vicious debt, development and climate cycle in which it is trapped. It forces it to choose between its commitments to its creditors and its development obligations.

Over the course of 2025, South Africa has been very effective in raising awareness of the African debt crisis and its dire impact on African countries. South Africa persuaded the G20 finance ministers and central bank governors to issue a declaration on debt sustainability at the end of their October meeting.

The declaration is the G20’s eloquent acknowledgement of the problem and of the need for more discussion of how these debt issues are managed by both debtors and creditors. Unfortunately, it does not contain any firm G20 commitments on what it will do to remedy the situation.

There has not been substantial progress at the process and substance levels. This is unlikely to change in the remaining weeks of South Africa’s G20 presidency.

But there are three actions that South Africa can take beyond the end of its term to ensure that the African debt crisis continues receiving attention.

Three actions

First, it should ask a group like the African Expert Panel that it established to advise the president to prepare a technical report that identifies and analyses all the barriers to Africa accessing affordable, sustainable and predictable flows of external development finance.

This report should be submitted to the South African president in the first half of 2026. Next year, South Africa will still be a member of the G20 Troika, which consists of the current, immediate past and the incoming G20 presidents.

Consequently, next year, it will still be able to table the report at the G20. South Africa can also use the report to promote action in other appropriate regional and global forums.

Second, South Africa and the African Union should create an African Borrower’s Club that is independent of the G20. This club should be a forum in which African sovereign debtors can share information and lessons learned about negotiating sovereign debt transactions and about responsible debt management. When appropriate, the club can work with regional African financial institutions.

The club, working with regional organisations like the African Legal Support Facility, can also sponsor workshops in which interested African sovereign debtors can share information and more critically assess their financing options. They can also work to improve their bargaining capacity in sovereign debt transactions.

The African Borrower’s Club should also be mandated to establish an African Sovereign Debt Roundtable that is modelled on the Global Sovereign Debt Roundtable. This entity should be an informal forum, based on the Chatham House Rule in which the various categories of stakeholders in African debt can meet to discuss the design of a sovereign debt restructuring process that is effective, efficient and fair and that adopts an holistic approach to a sovereign debt crisis.

Third, South Africa should capitalise on the fact that the impacts of climate, inequality, unemployment and poverty on Africa’s development prospects are now acknowledged to be macro-critical, and so within the IMF’s macro-economic and financial mandate. South Africa should call for a review of the IMF’s operating principles and practices and its governance arrangements.

This call should note that the multilateral development banks have been the object of G20 review for a number of years and that this has resulted in important enhancements in their capital frameworks and operating practices.

On the other hand, the IMF has not been subject to a similar review despite the fact that its operations have had to undergo possibility even more extensive revisions.

Daniel D. Bradlow is Professor/Senior Research Fellow, Centre for the Advancement of Scholarship at the University of Pretoria.

IPS UN Bureau

 


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