Home Blog Page 1610

Africa Finance Corporation Raises Record US$524m in Dual-Currency Samurai Loan Facility

The transaction marks AFC’s largest Samurai loan to date and reinforces the Corporation’s growing footprint in Japan’s capital markets

LAGOS, NIGERIA – EQS – 2 December 2025 – Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, has closed a landmark US$524 million equivalent dual-currency Samurai term loan facility.

The transaction marks AFC’s largest Samurai loan to date and reinforces the Corporation’s growing footprint in Japan’s capital markets amid rising investor confidence in its credit fundamentals. The three-year syndicated facility, comprising US$505 million and JPY 3 billion, was significantly oversubscribed following strong demand from Japanese lenders.

AFC’s strong traction in Japan has been supported by a series of milestones, including its 2019 debut samurai loan, its 2023 guarantee of the Arab Republic of Egypt’s JPY75 billion Samurai Bond, and the award of an A+ (Stable) long-term issuer credit rating by the Japan Credit Rating Agency (JCR) earlier this year. AFC’s 2022 Samurai facility of US$419 million equivalent (US$412 million and JPY 1 billion) matured in October 2025 and was fully repaid by AFC.

AFC maintains a strong presence in Asian capital markets, where it has raised over US$1.3 billion in the past decade across Chinese, Indian and Korean loan facilities.

“Japan continues to be an important and strategic market for AFC,” said Banji Fehintola, Executive Board Member and Head of Financial Services at AFC. “The strong support from Japanese lenders in our latest Samurai loan underscores the depth of confidence in AFC and the trust we have built with investors over the past few years. This successful transaction strengthens our funding base and expands our global investor reach as we continue mobilising capital to address the infrastructure deficit in Africa.”

The new facility was arranged by long-standing relationship banks, Mizuho Bank, MUFG Bank and SMBC Bank International, which acted as Mandated Lead Arrangers and Bookrunners. The transaction drew strong momentum from AFC’s lender roadshow held during the Tokyo International Conference on African Development (TICAD 9) in August.

In a further demonstration of deepening engagement with Japanese and Asian investors, the facility welcomed several first-time lenders to AFC, including Bank of Taiwan, China Construction Bank Corporation, First Commercial Bank, Taiwan Business Bank, The Chiba Bank, The Shizuoka Bank, and The Yamanashi Chuo Bank.

Proceeds from the facility will be used for general corporate purposes, supporting AFC’s mandate to drive sustainable development through infrastructure investment across Africa.

Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

Download Image: https://apo-opa.co/4itEOzg (AFC closes a landmark US$524 million-equivalent dual-currency Samurai term loan — its largest to date — underscoring rising Japanese investor confidence in Africa’s growth story)

Hashtag: #AFC

The issuer is solely responsible for the content of this announcement.

About AFC

Africa Finance Corporation was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC’s approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa’s infrastructure development needs and drive sustainable economic growth.

Eighteen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 47 member countries and has invested over US$17 billion in 36 African countries since its inception.

Lunit to Highlight New AI Evidence in Cancer Screening and Breast Density-Driven Risk Modeling at RSNA 2025

Eight oral presentations and six posters demonstrate advances in mammography, DBT performance, and density-informed risk modeling

SEOUL, South Korea, Dec. 2, 2025 /PRNewswire/ — Lunit, a leading provider of AI for cancer diagnostics and precision oncology, today announced it will present 14 studies at the Radiological Society of North America (RSNA) 2025 Annual Meeting. Spanning screening mammography, digital breast tomosynthesis (DBT), breast density science, and risk modeling, this year’s program represents one of the company’s most extensive evidence portfolios to date. Lunit will exhibit at South Hall, Booth #4100, and host expert-led sessions in the Lunit Education Room #1252 throughout the meeting.

Among the highlighted research, real-world results from Capio S:t Göran Hospital in Sweden evaluated more than 193,000 screening examinations before and after the introduction of Lunit INSIGHT MMG. When AI was paired with a single radiologist, the screening program achieved higher invasive cancer detection, greater positive predictive value, and fewer unnecessary recalls compared to human-only double reading—reinforcing findings from the ScreenTrustCAD interventional trial and demonstrating that AI-integrated single reading can maintain or improve accuracy while alleviating workforce pressure.

New evidence from Massachusetts General Hospital assessed AI performance on screening DBT using 1,000 retrospective examinations, showing that Lunit INSIGHT DBT correctly localized 84.4% of true-positive cancers, with particularly strong performance for mass-presenting and invasive ductal carcinoma cases. The study also detailed cancer subtypes less likely to be identified by AI, offering practical insight into the algorithm’s strengths and limitations as DBT adoption accelerates worldwide.

Further expanding the evidence base, two oral presentations from Elizabeth Wende Breast Care explored how volumetric breast density, as quantified by AI-powered algorithms, and family history influence risk stratification across leading models, and how density changes over time affect prediction consistency. In a cohort of 44,651 women, Tyrer-Cuzick classified substantially more women as high-risk than BOADICEA, driven by heavier weighting of density and family history inputs. A complementary longitudinal analysis of 335,000+ images demonstrated that incorporating volumetric breast density over time improved calibration and discrimination, while static or categorical density inputs consistently underestimated cancer incidence. Together, these findings strengthen the role of density-informed and longitudinal risk modeling in supporting risk-adapted screening strategies.

Lunit will also host a series of expert-led sessions in its Education Room #1252, offering deeper clinical and scientific perspectives on key themes presented at RSNA. Highlights include:

  • Image-Based Risk (Nov 30, 1:30–2:00 PM CST)

    A cross-disciplinary discussion featuring Drs. Graham Colditz, Joy Jiang, and Hari Trivedi, exploring how image-based risk complements traditional models and what this means for more personalized, risk-adapted screening strategies.

  • Interval Cancer Detection with AI (Dec 1, 11:30 AM–12:00 PM CST)

    Prof. Fiona Gilbert (University of Cambridge) will present new evidence on the ability of AI to identify interval breast cancers typically missed during routine screening, outlining how AI-supported detection could reduce missed cancers and improve population-level screening outcomes.

  • Academic Leadership in AI Adoption (Dec 2, 10:30–11:00 AM CST)

    Drs. Liz Morris (UC Davis Health) and Elizabeth Burnside (University of Wisconsin–Madison) will compare two distinct approaches to implementing breast AI in academic environments. The session will examine evidence, ethics, and practical considerations for responsible adoption.

  • Real-World DBT Performance (Dec 2, 4:30–5:00 PM CST)

    Dr. Manisha Bahl (Mass General) will share new clinical data on how Lunit INSIGHT DBT performs in digital breast tomosynthesis workflows, highlighting improvements in cancer detection, diagnostic consistency, and the potential to reduce interval cancer rates when integrated into routine practice.

“RSNA is where the field looks to understand whether AI is delivering measurable clinical value, and this year’s program reflects that momentum,” said Brandon Suh, CEO of Lunit. “Across mammography, DBT, and density-driven risk modeling, our studies highlight how rigorously validated AI can enhance screening performance, support radiologists, and strengthen the foundation for risk-adapted care. We remain committed to generating evidence that drives responsible and meaningful adoption in clinical practice.”

###

About Lunit

Founded in 2013, Lunit (KRX: 328130) is a global leader on a mission to conquer cancer through AI. Our clinically validated solutions span medical imaging, breast health, and biomarker analysis—empowering earlier detection, smarter treatment decisions, and more precise outcomes across the cancer care continuum.

Lunit offers a comprehensive suite spanning risk prediction and early detection to precision oncology. Our FDA-cleared Lunit INSIGHT suite and breast health solutions support cancer screening in thousands of medical institutions worldwide, while the Lunit SCOPE platform is used in research partnership with global pharma and laboratory leaders for biomarker research, and companion diagnostic development.

Trusted by over 10,000 sites in more than 65 countries, Lunit combines deep medical expertise with continuously evolving datasets to deliver measurable impact—for patients, clinicians, and researchers alike. Headquartered in Seoul with global offices, Lunit is driving the worldwide fight against cancer. Learn more at lunit.io/en.

Appendix – Lunit RSNA 2025 Full Study List

Oral Presentations (8)

Poster Presentations (6)

 

InSkill Receives Frost and Sullivan’s 2025 Global New Product Innovation Recognition for Its Industrial AI Copilot Platform

The company is honored for advancing industrial performance with GenAI copilots that improve equipment uptime, boost worker productivity, and streamline knowledge capture across industrial operations.

SAN ANTONIO, Dec. 2, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce that InSkill has received the 2025 Global New Product Innovation Recognition in the industrial AI copilot platform sector. This recognition highlights InSkill’s outstanding achievements in AI innovation and customer-centric product design. Copilots built on InSkill’s platform are transforming industrial operations by supporting frontline workers, guiding detailed procedures, automating complex tasks, and delivering measurable returns on investment across thousands of industrial sites worldwide.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. InSkill excelled in both, demonstrating its ability to align product innovation with the evolving needs of the global industrial ecosystem while executing with efficiency, scalability, and precision.

Guided by a long-term growth strategy centered on AI innovation and customer engagement, InSkill has shown exceptional agility and vision in driving digital transformation across industries. The company’s no-code, vendor-agnostic platform empowers organizations to build, deploy, and share copilots seamlessly across diverse systems, brands, and equipment types. This creates a connected knowledge network that captures, protects, and unifies fragmented industrial expertise.

Innovation is central to InSkill’s mission. GenAI copilots built on the InSkill platform address key operational challenges by streamlining workflows, increasing asset utilization, boosting first-time-fix rates, and eliminating hidden inefficiencies—helping customers realize measurable improvements in productivity and performance.

“Industrial workers can access copilots through mobile apps, web portals, or embedded APIs, ensuring flexibility across job functions and geographies. This simplicity of use, combined with the company’s collaborative culture, allows InSkill to achieve impressive adoption: thousands of published copilots, widespread usage across industrial sites, and an ever-growing network of contributors and users,” said Karthik Sundaram, Research Director, Industrial at Frost & Sullivan.

InSkill’s customer-first culture is deeply embedded in its product strategy. The company’s structured engagement model ensures continuous feedback from users, driving iterative innovation and strengthening long-term partnerships. By combining scientific rigor, transparent improvement cycles, and responsible AI governance, InSkill has positioned itself as both a technology provider and a trusted ally in industrial digital transformation.

“Industrial expertise is one of the most valuable assets in the world, yet too often it is locked in documents, equipment, or the minds of a few people,” said Dale Calder, Founder & CEO of InSkill. “When that knowledge becomes available in the flow of work, organizations can onboard people faster, keep machines and devices running, and feel confident that critical know-how will still be there for the next generation of workers.”

Frost & Sullivan commends InSkill for setting a new standard in product innovation and customer-centric excellence. InSkill’s agentic AI architecture unifies published expertise, internal procedures, site specific knowledge, real time data, and historical solutions. It understands the nuances of industrial equipment and adapts guidance based on device state, asset configuration, and worker role. Copilots built on InSkill provide guidance based on device state, asset configuration, and worker role.

InSkill copilots also help preserve critical know-how from experienced or retiring workers so that this knowledge remains accessible at scale. The company’s approach ensures accuracy and reliability by limiting responses to customer-approved data sources while maintaining strict data governance and privacy across user groups. This approach allows organizations to deploy AI with confidence while strengthening how industrial knowledge is captured, shared, and applied across the production and maintenance lifecycle.

Each year, Frost & Sullivan presents the New Product Innovation Recognition to companies that demonstrate excellence in product design, functionality, and customer impact. The recognition highlights organizations that pioneer new technologies and redefine industry standards through continuous innovation and measurable market results.

Frost & Sullivan Best Practices Recognition

Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact
Camila Tinajero
E: camila.tinajero@frost.com 

About InSkill
The InSkill platform is used to create, distribute, and manage powerful generative AI-Powered Copilots for Industrial Machines and Processes. Copilots built on InSkill are deployed in more than 4,500 facilities worldwide and are being widely used by field service teams, call centers, product groups, channel partners, and customers across the industrial landscape. The InSkill Platform is built with a powerful Agentic AI Engine to handle the unique challenges industrial workers, sites, and OEMs face while scaling expertise across teams, sites, and global operations.

To learn more about InSkill’s AI copilot platform and download the full report, visit:
https://inskill.ai/l/frost-sullivan-industrial-ai-copilot-platform-award/

Contact
E: info@inskill.ai

IMS Receives Frost & Sullivan’s 2025 North America Technology Innovation Leadership Recognition for Connected and Telematics Insurance

Recognized for driving innovation in connected insurance and telematics solutions, IMS demonstrates leadership in customer engagement, data-driven insights, and digital transformation

SAN ANTONIO, Dec. 2, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce that IMS has received the 2025 North America Technology Innovation Leadership Recognition in the connected and telematics insurance industry for its outstanding achievements in leveraging data-driven solutions to enhance risk assessment, pricing, and customer engagement. This recognition highlights IMS’s consistent leadership in delivering measurable outcomes, strengthening market position, and driving customer-centric innovation in the increasingly competitive Usage-Based Insurance (UBI) landscape.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: business impact and technology leverage. IMS excels in both, demonstrating its ability to align strategic initiatives with market demand while executing them with efficiency, consistency, and scale. “Beyond the technical layer, IMS focuses heavily on maintaining data integrity and addressing behavioral inconsistencies. The company has developed advanced normalization algorithms to account for differences in policyholder engagement and sophisticated app misuse detection capabilities,” said Parduman Satpal, Industry Analyst at Frost & Sullivan.

Guided by a long-term growth strategy focused on digital innovation, proactive engagement, and scalable telematics solutions, IMS has shown its ability to adapt and lead in a rapidly evolving landscape. The company’s strategic agility and sustained investment in connected insurance technologies have enabled it to scale effectively across North American markets. Its partner-led delivery model and focus on localized support have been key to delivering long-term value across diverse market segments.

Innovation remains central to IMS’s approach. Its suite of software products and services—including smartphone-based usage-based insurance solutions, policyholder engagement and rewards toolset, and real-time behavioral insights—addresses the full spectrum of insurer and policyholder needs, offering flexibility, configurability, scalability and measurable safety outcomes.

On receiving the recognition, Paul Stacy, CEO at IMS, commented “To receive this level of commendation from Frost & Sullivan for a second year running is a source of real pride for our business, and testimony to the relentless efforts of the entire IMS team to being a world-class partner to our customers. We believe that the technological and market conditions for the genuine mainstreaming of ‘connected’ auto insurance have now been met, so to be at the forefront of enabling fairer-priced cover and creating safer roads is an exciting place to be for our business.”

Frost & Sullivan commends IMS for setting a high standard in competitive strategy, execution, and market responsiveness. The company’s vision, innovation pipeline, and customer-first culture are shaping the future of connected and telematics insurance and driving tangible results at scale.

Each year, Frost & Sullivan presents the Technology Innovation Leadership recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition identifies forward-thinking organizations reshaping their industries through innovation and growth excellence.

Frost & Sullivan Best Practices Recognition

Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:
Ashley Shreve
E: ashley.weinkauf@frost.com 

Solace Signals the Future of Real-time Agentic AI with Introduction of Solace Agent Mesh Enterprise

New solution harnesses Solace’s market-leading real-time data platform to enable enterprises to build and orchestrate robust and reliable single and multi-agent AI applications

LAS VEGAS, Dec. 2, 2025 /PRNewswire/ — AWS re:Invent 2025, Booth # 1570 — Solace, the real-time data and agentic AI company, today announced general availability (GA) of Solace Agent Mesh Enterprise, an open agentic AI platform that enables organizations to build, deploy and operate intelligent and well-governed AI-powered applications – from simple single-agent to powerful multi-agent orchestrated solutions – that interact in real-time with enterprise applications and data.

Agentic AI promises greater productivity and increased competitiveness, with a recent industry report indicating it can accelerate business processes by up to 50 percent and reduce low-value work time by up to 40 percent, thanks to autonomous decision-making and continuous learning capabilities. Getting there remains a challenge, however, as organizations struggle to move agentic AI applications from experiments into production, providing access to enterprise applications and data while ensuring security, observability, and trust.

Additionally, IDC states: “Agentic AI will require event-driven data architectures to continuously provide high-quality, relevant, and contextual data products to support the dynamic nature of agentic business activities. Supporting agentic AI at scale demands use of autonomous agents within enterprise intelligence architectures, automating data management, governance, and synthesis functions.” *

Solace Agent Mesh addresses these challenges, providing the capabilities required to create, deploy and manage agentic AI solutions in a secure, governed and scalable way. Built on a proven event-driven platform, Solace Agent Mesh fundamentally transforms how agentic AI systems serve users, respond to business events and integrate with enterprise data, offering:

  • Faster time to innovation: enterprises can rapidly innovate by integrating and orchestrating native and third-party AI agents, enabling faster experimentation, accelerated development, and quicker time-to-market
  • Improved user experience: business users can talk with their data using their preferred user interfaces, with broad access to enterprise applications and data, whether real-time or static knowledge bases
  • Greater scalability and reliability: Solace Agent Mesh uses parallel agent execution and asynchronous communication between all agents, enabling horizontal scaling to production levels while also providing a stronger level of resilience in response to system failures and implementing hot agent upgrades
  • Increased operational efficiency: Solace Agent Mesh’s unique intelligent data management helps minimize LLM costs, while significantly improving performance and accuracy
  • Comprehensive security: strong agent-based access control, SSO, action-level permissions, and user delegated access deliver the critical security, governance and compliance required for AI agent-driven solutions

“There are many challenges to overcome in relation to enabling AI agents to take automated actions and there is a case to be made for involving experts in inter-application communication,” said Matt Aslett, Director of Research, Analytics and Data, ISG Research. “Solace is well-placed to address this opportunity with Solace Agent Mesh, which provides the core capabilities required for communication between agents and will enable Solace customers and prospects to build on existing investments in microservices and EDA as they move towards agentic AI.”

The Forrester Wave™: Streaming Data Platforms, Q4 2025 notes: “Solace’s event-driven agents stand out: they help enterprises build responsive, real-time, event-driven applications and enable high-performance streaming for enterprise applications.” **

Secure, Scalable and Enterprise-grade functionality

Solace Agent Mesh was built from the ground up as an open, flexible platform designed to make it easy for enterprises to experiment with single or multi-agent systems to deliver on their agentic AI objectives, from simple uses cases to the most demanding distributed organization-wide production deployments.

Key features include:

  • No-code Agent Builder: both pro-code agent building, as well as an AI-assisted, form-based interface for creating agents without writing code
  • Dynamic Agent Orchestration: Solace Agent Mesh uses an intelligent orchestrator to break down inputs into tasks and assign them to the right agents in real time. It can also follow prescriptive workflows when it is critical to operate in specific ways
  • Connectors: out-of-the-box SQL, API, and MCP connectors provide simple and broad connectivity to enterprise applications and data, both real-time and static knowledge bases
  • Gateways: business users can use their preferred tools such as web chat, Slack or Microsoft Teams to interact with Agent Mesh, as well as set up Agentic Process Automation workflows invoked through events, enterprise application APIs and Webhook
  • Governance and Access Control: gateways serve as controlled entry points into the framework, granting access to the agent ecosystem through different interfaces like events, APIs, web chat, Slack, and Microsoft Teams. Solace Agent Mesh offers single sign-on authentication as well as granular authorization and role-based access control, ensuring agents interact with applications and data with the permissions of the requesting user
  • Intelligent Data Management: innovative intelligent data management helps reduce LLM compute costs and avoids hallucinations through in-platform data operations and passing only relevant information to the LLM
  • Full Activity Observability: built-in workflow viewer and real-time observability tools enable comprehensive monitoring and tracking of LLM interactions, agent workflows, and system performance to build system trust and help debug
  • Enterprise-scale Architecture: decoupled, asynchronous orchestration of agents supports efficient parallelization of operations, enabling agentic AI projects to easily scale from Proof-of-Concept to production

“Agentic AI has completely changed the face of business, and requires revolutionary solutions to continue to fuel its unprecedented growth. Solace Agent Mesh Enterprise is the net result of a bold vision on how organizations can better harness the power of agentic AI,” said Shawn McAllister, CPO and CTO at Solace. “Organizations can quickly go from experiments to full scale enterprise production with fast development, and secure access to enterprise context, all powered with the proven robustness of an event driven architecture. Agent Mesh is designed to meet the ever-evolving needs of increasingly connected, real-time, and intelligent enterprises.”

Prospective organizations can register to join the Solace Agent Mesh pilot program. In addition to Solace Agent Mesh Enterprise, Solace offers open-source Solace Agent Mesh Community available on GitHub, providing developers with an event-driven framework for seamlessly integrating AI agents with real-world data sources and systems. 

Learn more

Market Leadership

Over the past two decades, Solace has built a reputation for delivering real-time data solutions that are trusted by enterprises with the most demanding operational use cases. Today, Solace delivers real-time data orchestration across systems, clouds and AI agents for many of the top organizations spanning key industries, such as Bosch in manufacturing; Heineken in consumer goods; Schwarz Group in retail; RBC Capital Markets in financial services; and PSA Singapore in transportation & logistics.

* IDC Tech Buyer, Agentic AI Impact on Enterprises: From the Tech Stack to the Future of Work and Services, US53272524, April 2025
** Forrester does not endorse any company, product, brand, or service included in its research publications and does not advise any person to select the products or services of any company or brand based on the ratings included in such publications. Information is based on the best available resources. Opinions reflect judgment at the time and are subject to change. Read about Forrester’s objectivity here.

About Solace:

Solace helps organizations operate in real-time through the power of events. With its real-time data and agentic AI platform, Solace delivers scalable, event-driven capabilities to bring together agents, applications and data across legacy, cloud, and AI systems. Established enterprises worldwide trust Solace to enable intelligent, time-sensitive experiences; modernize their application and integration landscape; and create seamless digital journeys for their customers, partners and employees. Learn more at solace.com.

Press Contacts

Europe & Americas
IBA International
Jamie Kightley
Jkightley@iba-international.com
+44 (0) 1572 757932

UK
Positive
Calum Mitchell
cmitchell@positivemarketing.com
+44 7793 160127

APAC
Rice, a FINN Partners Company
Trixie Wong
trixie.wong@finnpartners.com
+65 9757 7531

 

Next Level Aviation® Secures Credit Facility Increase to $80MM with PNC Bank

The upsized working capital credit facility was increased to $75MM in the U.S. and an additional $5MM for Next Level Aviation-Ireland, Ltd.

DANIA BEACH, Fla. and DUBLIN, Dec. 2, 2025 /PRNewswire/ — Next Level Aviation® (NLA), a leader in the global distribution of used serviceable materials (USM) for all Boeing and Airbus commercial aircraft and associated jet engine platforms, has secured an increase in its revolving credit facility with PNC Bank for the U.S. based parent company from $50MM to $75MM, as well as an additional $5MM credit facility for Irish subsidiary, Next Level Aviation-Ireland, Ltd (NLAI). Both credit facilities have the potential to expand over time as NLA and NLAI grow.

This significantly upsized working capital credit facility will allow Next Level Aviation® to increase inventory of serviceable material, continue to expand its geographic footprint, as well as support NLA’s diversification into other complementary lines of business.

Next Level Aviation® Chairman & CEO Jack Gordon stated, “We are very appreciative that PNC Bank, one of the largest diversified financial institutions in the United States, has the confidence in Next Level Aviation’s global business model, management team and financial performance to increase our total access to asset-based credit by 60% in less than one year of working together, in addition to extending our Irish subsidiary, Next Level Aviation-Ireland, Ltd., its first revolving credit facility. We would like to again thank the PNC Business Credit team for their commerciality and client-focused, solutions-based approach to our partnership.”

Ray Fernandez-Andes, Next Level’s Chief Financial Officer, commented, “As we continue to grow, the global nature of Next Level Aviation’s business presents both unique challenges and opportunities. The PNC Business Credit team has taken the time to understand all of this, and crafted banking solutions that set Next Level Aviation® up for continued success in the commercial aviation aftermarket.”

ABOUT NEXT LEVEL AVIATION®
Next Level Aviation® is an ASA-100 accredited and FAA Advisory Circular 00-56B compliant supplier stocking commercial aircraft/jet engine used serviceable material (USM) for all Boeing and Airbus aircraft platforms and associated jet engines. Next Level Aviation® specifically focuses on stocking USM for the Boeing 737 and Airbus A320 families of aircraft and their associated jet engines, which currently make up about 70% of the global commercial fleet. Founded in March 2013 by Jack Gordon, Mike Dreyer, and Matt Dreyer, Next Level Aviation® has grown into a top global supplier of commercial aircraft/jet engine used serviceable material. www.nextlevelaviation.net

To find out more information or to request additional images, please contact morgane@aerospacemarketing.com.

Tsinghua art academy AADTHU hosts global conference in Milan exploring art & design education

BEIJING, Dec. 2, 2025 /PRNewswire/ — This is a report from China.org.cn:

The Academy of Arts & Design, Tsinghua University (AADTHU) held a major academic conference in Milan, Italy, on Nov. 15-16, under the theme “Future Context: A New Paradigm for Art and Design Education.”

The Tsinghua International Conference on Art & Design Education (ICADE) was hosted by Tsinghua University and organized by AADTHU, the Tsinghua University Milan Institute of Art & Design and the China-Italy Design Innovation Hub.

More than 100 university leaders, professors, scholars and industry representatives from art and design institutions across China, Italy, Australia,  Austria, Belgium, Singapore, the United Kingdom, the United States, and other countries gathered in Milan for the event.

Over two days, the conference featured eight keynote speeches, two roundtable discussions with university leaders, four thematic forums, two parallel seminars, and a series of international art and design workshops. The program facilitated in-depth cross-disciplinary and cross-cultural dialogue as participants shared their experiences and explored how artificial intelligence (AI) is reshaping artistic expression and educational paradigms.

At the opening ceremony, Qin Chuan, secretary of the CPC Tsinghua Academy of Arts & Design committee, noted that the five years since the conference’s inception have coincided with dramatic global changes, including revolutionary breakthroughs in AI.

“On such an international platform, we firmly believe that regardless of how the global landscape and emerging technologies may change, we remain steadfast companions in art and design education, always seeking to enhance communication and deepen cooperation — this is our shared aspiration,” he stated. “We are also profoundly aware that art and design serve as a universal language capable of connecting the world amid these uncertain times.”

He said this year’s ICADE focuses on establishing a collaborative framework for the future, reflecting the deep integration of technology and culture. Discussions centered on redefining creative logic in the AI age, restructuring educational systems within interdisciplinary contexts and discovering possibilities for symbiotic coexistence amid cultural diversity.

“We look forward to working with all participants at this conference to collectively envision the future of art and design education, and to establish sustainable cooperation frameworks that face the world and embrace tomorrow,” he said.

The opening ceremony also featured speeches by Anna Barbara, president of POLI.design, a consortium of Politecnico di Milano; Dalia Gallico, executive vice president of the World Olymp’Arts Council; Lorenzo Imbesi, president of the Cumulus Association; and Wu Jian, head of the Haier Innovation Design Center. Wu Qiong, dean of the Academy of Arts & Design, Tsinghua University, sent a congratulatory letter. The ceremony was hosted by Shi Danqing, associate dean of AADTHU.

“Design as a discipline stands at a crucial turning point, where technological advancements, pressing social issues and evolving business models are collectively reshaping its boundaries and core,” Wu’s letter said. “May this conference serve as a catalyst for in-depth dialogue on how to reconstruct educational models and integrate art with technology within new contexts, thereby inspiring renewed vitality.”

On the first day, keynote speeches and a leaders’ roundtable brought together leaders from world-renowned art and design institutions, as well as pioneering founders of newly established schools that have garnered global attention. The speakers bridged the gap between classical heritage and future trends, focusing on current innovations to promote the sustainable development of art and design education.

Distinguished speakers included Anna Barbara, president of POLI.design; Rebecca Wright, dean of the S School at Central Saint Martins College of Art; Rachel Dickson, deputy director of the Glasgow School of Art; Francesco Zurlo, dean of the School of Design at Politecnico di Milano; Yang Dongjiang, chair of the academic committee at AADTHU; Kun-Pyo Lee, dean of the School of Design at the Hong Kong Polytechnic University; and John Ochsendorf, founding director of the MIT Morningside Academy for Design.

Barbara called the digital revolution a “revolution of time,” urging designers to focus on shaping time rather than just physical space. She said AI will serve as a tool to harmonize human needs with the environment, helping to resolve the conflicts of a digital world and create a more sustainable shared economy.

Wright said that in the face of an uncertain future, design education needs to maintain a positive mindset, and constructing a new “design language” is key to addressing challenges. She emphasized that the real challenge lies not in whether to adopt AI, but in how to integrate technology with uniquely human wisdom.

Dickson said design education should break through traditional disciplinary frameworks and promote educational innovation through cross-field collaboration. She proposed building future design education on a balance of tradition and innovation, with curiosity at its core. She also called for a more inclusive, interdisciplinary system capable of solving global challenges like sustainable development.

Francesco Zurlo elaborated on the concept of interdependent design in his speech, emphasizing that design education must confront complexity rather than simplify problems. He said contemporary design needs to reunite humanistic values with technology. This philosophy, he argued, is essential for training designers who can address complex social challenges and build a sustainable future.

Yang discussed how design education must transform in the AI era. He said the field needs to shift its fundamental value from being technology-oriented to thinking-oriented. He emphasized the need to break through traditional linear knowledge structures and build new teaching systems that maintain professional skill training while focusing on developing students’ innovative thinking and systematic reasoning capabilities.

In his speech, Lee traced the historical evolution of design paradigms to reveal the transformation direction of design education in the AI era. He proposed that designers should become “final decision-makers” or “ultimate stewards,” urging educators to focus on sharpening students’ critical thinking and value judgment.

Ochsendorf emphasized that university education needs to accelerate its transformation. He said every student should possess fundamental design capabilities and complete a personal project portfolio, noting that designers need to lead the application of AI technology while ensuring it serves human needs.

Later that day, two roundtable discussions were held with leaders focusing on the themes “The Future Mission of Design: Interdisciplinary Education and Global Challenges” and “The Coordinates of Institutions Within the Contemporary Context.”

The second day featured thematic forums and seminars spanning diverse professional and academic fields. Scholars and industry experts from fields including spatial environments, fashion design, industrial design, information design, smart manufacturing, contemporary art, craft art and digital art engaged in wide-ranging discussions. The topics included “Rhetorical Translation: Aesthetic Resonance Across Cultures,””Double Subjects: Human-Machine Collaboration and Interdisciplinary Integration,””Plural Spaces: The Narrative Tension of Multi-Dimensional Experience,” and “Sensory Verbs: Bodily Experience and Artistic Expression.”

In addition, the RE-ACTOR: International Art & Design Workshops were held in Milan on Nov. 16, focusing on the theme “AI Protocols for New Space: Embodied Experiences and Ritual Habitats.”

Tsinghua art academy AADTHU hosts global conference in Milan exploring art & design education

http://www.china.org.cn/2025-12/01/content_118204360.shtml

TP Receives Frost & Sullivan’s 2025 African Company of the Year Recognition for Excellence in the Outsourcing Industry

TP recognized for advancing Africa’s outsourcing landscape through its strategic integration of technology, emotional intelligence, and sustainable growth initiatives.

SAN ANTONIO, Dec. 2, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce that global digital services leader TP has been recognized with the 2025 African Company of the Year Recognition in the outsourcing industry for its outstanding achievements in digital transformation, operational excellence, and customer-centric innovation. This recognition underscores TP’s leadership in integrating human expertise and empathy with advanced technology to deliver measurable business outcomes, drive sustainable growth, and transform the African outsourcing ecosystem through scalable, high-value services.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: visionary innovation & performance and customer execution. TP excelled in both, demonstrating its ability to align strategic initiatives with market demand while executing them with consistency, efficiency, and scale.

“Through a forward-looking blend of GenAI, emotional intelligence, and hyper-automation, TP enables brands to scale personalization, shorten resolution times, and gain predictive insight into customer behavior and operational performance. These capabilities are applicable as part of a unified architecture that balances automation with human touch, differentiating from competing solutions that do so in isolation,” said Bernardin Arnason, Industry Director, Frost & Sullivan.

Guided by a long-term growth strategy focused on digital innovation, local partnership, and sustainable ecosystem development, TP demonstrates exceptional agility in a rapidly evolving market. By embedding itself within Africa’s dynamic technology and service delivery landscape, the company continues to strengthen its regional footprint while aligning its capabilities with global outsourcing trends.

Innovation remains central to TP’s vision. Its unified architecture safely orchestrates AI, experts and technology at scale to create seamless, emotionally attuned customer interactions. This model delivers enhanced customer care that is simpler, faster, and safer for the world’s biggest brands and their customers.

TP’s strong commitment to inclusive growth further distinguishes it in the market. Through its deep engagement with national stakeholders—such as partnerships in Kenya to digitize public services—the company plays an active role in modernizing Africa’s service economy. Its people-first approach, combined with robust infrastructure investments, enables TP to deliver high-quality, multilingual support while creating meaningful local employment opportunities.

Frost & Sullivan commends TP for setting a new standard in competitive strategy, execution, and market responsiveness. The company’s vision, technology roadmap, and inclusive operating model are redefining the outsourcing industry across Africa—building an agile, innovation-driven framework that supports sustainable economic growth and strengthens Africa’s role in the global delivery ecosystem.

Each year, Frost & Sullivan presents the Company of the Year Recognition to organizations that demonstrate outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition honors forward-thinking companies that are reshaping their industries through innovation, strategic excellence, and sustainable impact.

Frost & Sullivan’s Best Practices recognitions identify companies across regional and global markets for their superior performance in leadership, technological innovation, customer service, and strategic development. Industry analysts evaluate market participants through comprehensive interviews, analyses, and extensive secondary research to identify best practices that advance industry standards.

Frost & Sullivan Best Practices Recognition

Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.
Contact us: Start the discussion.

Contact:
Ashley Shreve
E: ashley.weinkauf@frost.com 

ABOUT TP GROUP 
TP is a global leader in digital business services which consistently seeks to blend the best of advanced technology with human empathy to deliver enhanced customer care that is simpler, faster, and safer for the world’s biggest brands and their customers. The Group’s comprehensive, AI-powered service portfolio ranges from front office customer care to back-office functions, including operations consulting and high-value digital transformation services. It also offers a range of specialized services such as collections, interpreting and localization, visa and consular services, and recruitment process outsourcing services. The teams of multilingual, inspired, and passionate experts and advisors, spread in close to 100 countries, as well as the Group’s local presence allows it to be a force of good in supporting communities, clients, and the environment.

For more information: www.tp.com.