Business Wire

NEDAMCO-AFRICA

9.12.2023 10:01:28 CET | Business Wire | Press release

Share
Revolutionizing Water Stewardship – The City of Dire Dawa and Nedamco Africa Unveil Cutting-Edge Water Management Platform Initiative at COP28 | December 9th 2023 | COP28UAE Press Center

Today, at COP28 in the UAE, the city of Dire Dawa (Ethiopia) Water Supply and Sewerage Authority (DDWSSA) and Nedamco Africa together with its partners Microsoft, Deltares, Hulo.ai and Isle Utilities announced the launch of the “Nedamco Catchment-City-Waste Water Management” (CCW) project for the city of Dire Dawa. The CCW solution by Nedamco Africa and its partners Microsoft, Deltares and Hulo.ai is an integrated technology platform that directly addresses the critical challenges of water losses and inefficient management, prevalent in rapidly urbanizing regions like Dire Dawa. It embodies a holistic approach to water management by harnessing digital twin technology, AI/ML, and satellite imagery to deliver comprehensive monitoring of water infrastructures, detect leakages, and make climate impact predictions with the goal to provide more access to water, more water availability as well as improved water quality. With the deployment of the CCW platform Dire Dawa envisions a transformative shift in water resource stewardship, fostering a sustainable, resilient future for the inhabitants of Dire Dawa.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20231209358320/en/

To view this piece of content from mms.businesswire.com, please give your consent at the top of this page.

Dire Dawa Water Authority CEO and Nedamco Ethiopia CEO signing the agreement (Photo: Business Wire)

"We are proud to announce a pivotal project in partnership with Nedamco Africa that addresses Dire Dawa's water challenges. Through cutting-edge technology, we're ensuring accurate, verifiable improvements in water management that will significantly enhance the quality of life for our city's residents by providing more water. This initiative is not just about innovation - it's about securing a sustainable future for Dire Dawa, opening doors to new financing for vital water infrastructure, and supporting our community in meeting the critical demands of water conservation aligned with SDG6," said Mohammed Mussie, CEO of Dire Dawa Water Supply and Sewerage Authority.

A leap towards sustainable climate action financing - The innovative approach involves integrating advanced technologies with meticulous (near) real-time data collection and analysis, enabling the accurate measurement of the environmental benefits derived from water conservation efforts. In this process, Nedamco Africa utilizes cutting-edge tools from global technology leaders, leverages AI and ML models, high-resolution satellite imagery, and blockchain technologies. These tools facilitate a reliable, real-time tracking of water management and improvements, ensuring that the generated water data is not only verifiable but also transparent and scalable. Nedamco Africa leverages this approach to creating water certificates that employ the Volumetric Water Benefits Accounting (VWBA) 2.0 methodology, which allows for a comprehensive and quantifiable assessment of water management projects. By adhering to rigorous standards Nedamco Africa can guarantee the created certificates reflect genuine improvements in water management, offering an asset in the global efforts to promote sustainable water usage and management. The approach not only aids DDWSSA in effective water resource management but also opens new avenues for DDWSSA to attract innovative financing in water network development and community support, aligning closely with global sustainability goals like SDG6.

“This initiative has a huge potential to impact the lives of many. When water distribution systems become smart, they present an opportunity to market the digital proof of reduced losses from the system to companies that want to pay to compensate their water use, and in this way facilitate investment in utilities and their networks. I will keep supporting this initiative in Ethiopia where a pilot will take place in Dire Dawa and, we’re tapping into a completely new market. This will accelerate private investments in the true spirit of the Water Action Agenda of UN23 to help reach SDG6 in time. We take pride in the Netherlands' legacy of water management, transforming water challenges into opportunities for sustainable development,” said Jelmer van Veen, First Secretary for Water Affairs at Embassy of the Kingdom of the Netherlands in Ethiopia.

This public-private partnership (PPP) initiative exemplifies the transformative potential of public-private partnerships, leveraging collective expertise, resources, and innovation to foster a green economy. By blending state-led environmental programs with private sector dynamism and international climate finance mechanisms.

"We see the Dire Dawa collaboration as a cornerstone for climate resilience, marking a significant Public-Private Partnership that will lead the way for cities globally to embrace similar strategies. This key initiative showcases the practical application of advanced technologies in combating daily climate challenges, especially in water-stressed regions. It's a testament to Nedamco Africa’s commitment to not only address water scarcity but also enhance biodiversity. Our work in Dire Dawa is paving the path for more cities to join this battle against climate change, ensuring sustainable environments for future generations," stated Michael Kogeler, CEO of Nedamco Africa.

Microsoft is a pivotal partner and contributors to the initiative, providing the technological backbone and innovative solutions critical to the success of the system. Microsoft's cutting-edge cloud computing platforms and AI capabilities enable the robust processing and analysis of vast environmental data sets. Together, the collaborative efforts of the partners and DDWSSA are not only enhancing the precision of water management but are also setting a new standard in data-driven conservation and sustainable water practices on a global scale.

"We are immensely proud to be at the forefront of this transformative journey with DDWSSA and Nedamco Africa," said Anke den Ouden, CEO of Microsoft Netherlands. "By leveraging Microsoft's advanced cloud and AI technologies, we are setting a new paradigm in environmental stewardship. Our commitment to sustainability goes beyond our products; it's about empowering our partners to achieve a greener future. This collaboration is a testament to the power of technology in making a substantial impact on our planet's health and the well-being of communities across Africa."

Building local expertise in Ethiopia - The Nedamco Academy in Ethiopia stands as a cornerstone of the collaborative agreement, serving as a vital hub for water capacity building and education. The Nedamco Academy is on a mission to empower DDWSSA professionals with cutting-edge knowledge and skills in technology and water management.

To view this piece of content from cts.businesswire.com, please give your consent at the top of this page.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231209358320/en/

About Business Wire

Business Wire
Business Wire
101 California Street, 20th Floor
CA 94111 San Francisco

http://businesswire.com
DK

Subscribe to releases from Business Wire

Subscribe to all the latest releases from Business Wire by registering your e-mail address below. You can unsubscribe at any time.

Latest releases from Business Wire

Vertex Presents New Data on ALYFTREK® at European Cystic Fibrosis Conference5.6.2026 18:00:00 CEST | Press release

- ALYFTREK Phase 3 data on children with cystic fibrosis ages 2 to 5 with vanzacaftor/tezacaftor/deutivacaftor-responsive genotypes including F/F and F/MF shows 65% reached sweat chloride levels of <30 mmol/L; Vertex on track to initiate global regulatory submissions in first half of 2026 - - Long-term 96-week interim analyses from two open-label extension studies demonstrate positive safety and efficacy profile of ALYFTREK in people with cystic fibrosis ages 6 and older -- Phase 3 data on TRIKAFTA® in children 1 to <2 years also presented; Vertex has initiated global regulatory submissions - Vertex Pharmaceuticals Incorporated (Nasdaq: VRTX) today announced data demonstrating the potentially transformative impact of treating cystic fibrosis (CF) with ALYFTREK ® (vanzacaftor/tezacaftor/deutivacaftor) in children ages 2 to 5, as well as data from 96-week interim analyses of two open-label extension studies of ALYFTREK in children 6 to 11 years and people 12 years and older demonstrating

Owkin to Build AI Agents as Part of a Multi-Year K Pro Collaboration with Sanofi5.6.2026 13:00:00 CEST | Press release

Owkin, the agentic AI company pioneering Biological Artificial Superintelligence to transform drug discovery and development, today announced a multi-year collaboration with Sanofi to co-develop next-generation biopharma agents, to be backed by a five-year license for K Pro, Owkin’s AI Scientist. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260605704506/en/ K Pro, Owkin's AI scientist for biology, powered by multimodal patient data for smarter biopharma decision making. Owkin and Sanofi have collaborated since 2021 through a €90 million strategic partnership focused on target identification in oncology and patient subgrouping. The collaboration was later expanded to include drug positioning for Sanofi’s immunology pipeline. This new collaboration represents the next evolution in the partnership. During the five-year collaboration, Owkin will lead the end-to-end development of novel AI-driven biopharma agents purpose-built

DFNS Rebrands as the Core Banking Platform for Digital Assets5.6.2026 12:41:00 CEST | Press release

DFNS today announced a rebrand, marking its evolution from a wallet infrastructure to the first core banking platform for digital assets. The company is introducing a new logo, website, and market position as fintechs and institutions move their products and operations onchain. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20260603859127/en/ Banks, fintechs, asset managers, trading firms, payment providers, market infrastructures, and clearing houses have stopped asking how to "add crypto." They're asking how to run financial products, controls, workflows, and client services on blockchain rails, with the reliability expected of core infrastructure. Some are going further still, exploring whether the blockchain can serve as the ledger itself, where an account is an onchain object rather than a row in a database. Where IBANs, virtual accounts, and blockchain wallets converge into one governed financial account. “DFNS was built

Compass Pathways Announces New Employee Inducement Grants Under Nasdaq Listing Rule 5635(c)(4)5.6.2026 12:30:00 CEST | Press release

Compass Pathways plc (Nasdaq: CMPS), a biotechnology company dedicated to accelerating patient access to evidence-based innovation in mental health, announced today that Compass granted equity awards under the Compass Pathways plc 2026 Inducement Plan to seventeen newly hired non-executive employees. The equity awards were granted on June 1, 2026 and consisted of options to purchase an aggregate of 157,000 shares and restricted share units or, in the case of employees in the United Kingdom nominal cost options, covering an aggregate of 74,700 shares. The options have an exercise price per share equal to $14.19, the closing price of the Company’s American Depositary Shares on the Nasdaq Global Select Market on the grant date, and will vest over a four-year period with 25% vesting on the first anniversary of the date of the grant and the remaining 75% vesting in equal monthly installments over the three-year period thereafter, subject to each employee’s continued employment. The restrict

Renewable Electricity, Soft Wheat Flour From Regenerative Agriculture, Initiatives to Support Local Communities: Barilla Shares These and Other Projects in “Stories of Sustainability.”5.6.2026 10:00:00 CEST | Press release

Barilla continues to advance its commitment to tastier products with less sugar and salt;An investment of 30 million euros in 2025 to quadruple photovoltaic capacity across plants, as part of a €168 million five-year plan focused on energy efficiency, renewable energy and sustainable water management.Barilla continues to expand regenerative agriculture practices across its global value chain, with over 816,000 tons of raw materials sourced through the Barilla Sustainable Farming program.4,000 tons of products donated worldwide and €2 million allocated to social causes in 2025, supporting communities across Barilla’s global footprint through food donations and social initiatives. A slimmer Tagliatelle pack that saves 150 tons of cardboard and cuts transport-related CO₂ emissions by 20%1; ready-made sauce jars made with around 65% recycled glass; the progressive scaling of regenerative agriculture practices across Barilla’s value chain and initiatives supporting inclusion and equal oppor

In our pressroom you can read all our latest releases, find our press contacts, images, documents and other relevant information about us.

Visit our pressroom
World GlobeA line styled icon from Orion Icon Library.HiddenA line styled icon from Orion Icon Library.Eye