Africa: Ecobank and Google collaborate to keep children learning during the COVID-19 pandemic

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Ecobank Group, the pan-African Bank, is leveraging its distribution and partner networks to raise awareness of literacy apps in the Google Play Store to support the education of children who are at home due to the COVID-19 pandemic.

As COVID-19 continues to affect everyone’s lives, Ecobank is committed to protecting the health, safety and wellbeing of its customers across Africa. With social distancing being enforced and schools closed, parents are looking for ways to help children keep up with their learning and homework. Ecobank is helping to raise awareness of locally relevant, globally applicable and accredited literacy and learning apps that support parents’ efforts to educate their children at home. The apps are free on the Google Play Store, with specific apps available in local languages.

Ecobank is conscious of children’s online safety and security, especially as they spend more time at home and online. Ecobank encourages parents across Africa to join Google’s ‘Online Safety for Families & Parents’ webinar, which will be hosted on YouTube on Thursday 7th May at 11:00 AM GMT. To join the webinar, just click the live link here (For further details on the apps see the below Note to Editors.)

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Nana Abban, Head, Group Consumer Banking Ecobank said: We believe that children are Africa’s future. At this unprecedented time, it is more important than ever that parents use technology to help their children continue to learn and improve their knowledge. Ecobank is committed to closing the literacy and digital skills gap in Africa, and therefore ensuring that the education of Africa’s future generation of leaders does not suffer as a result of the COVID-19 pandemic.”

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Countries across Africa have historically had limited access to educational platforms. We are leveraging on our distribution network to make access to education as easy as the tap of an app, keeping children educated and enlightened at the same time, whilst also keeping them safe onlineNana Abban added.

A range of literacy apps  are available now from the Google Play Store for Android devices.

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Africa: Ecobank and Google collaborate to keep children learning during the COVID-19 pandemic - Brand SpurAfrica: Ecobank and Google collaborate to keep children learning during the COVID-19 pandemic - Brand Spur

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Africa: Ecobank and Google collaborate to keep children learning during the COVID-19 pandemic - Brand SpurAfrica: Ecobank and Google collaborate to keep children learning during the COVID-19 pandemic - Brand Spur

Latest News

Asia Pacific Rayon Raises US$300m from National and International Affiliated Banks to Expand Production Capacity

  • Continued capital expenditure aims to boost production and support the recovery of Indonesian economy
  • Loan agreements aligned with Indonesian Government's strategy to drive investment growth in 2021
  • APR is a member of the RGE group of companies


JAKARTA, INDONESIA - Media OutReach - 12 April 2021 - Asia Pacific Rayon (APR), the largest integrated rayon fiber producer in Indonesia, today announced that it has secured a syndicated loan facility of Rp 4.5 trillion (US$300 million) with national and international affiliated banks. The funding will be used to support continued capital investment in the company's production facilities at Pangkalan Kerinci, Riau Province, Sumatra.

APR is vertically integrated through its supply chain, from renewable fiber plantations to high-value textile development. It commenced operations in 2019 and was formally inaugurated by President Jokowi Widodo in February 2020. APR plans to increase its production capacity over the coming year to capture the strong growth potential of viscose staple fiber (VSF), strengthening its market position in Indonesia and in export markets across the region. APR is a member of the RGE group of companies. Founded by Sukanto Tanoto, RGE manages a group of resource-based manufacturing companies with global operations.

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The syndicated loan participating banks are PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, PT Bank Pan Indonesia Tbk, PT Bank Pembangunan Daerah Jawa Barat, PT Bank Woori Saudara Indonesia 1906 Tbk and PT Bank KEB Hana Indonesia

The joint mandated lead arrangers and bookrunners for the syndicated loan are PT Bank Rakyat Indonesia (Persero) Tbk, PT Bank Central Asia Tbk, and PT BANK Pan Indonesia Tbk.

Basrie Kamba, Director, Asia Pacific Rayon, said: "This funding will be used to support continued investment in our operations in Kerinci. Rayon fiber, or viscose, is a textile raw material derived from sustainably managed plantations. As rayon is both renewable and biodegradable, it supports the trend towards sustainable fashion in Indonesia and in other markets around the world."

APR's planned expansion is aligned with the Indonesian Government's strategy to increase investment and boost employment to support the recovery of the country's economy and address the continued impact of the COVID-19 pandemic. Following the passing into law of the Omnibus Bill in October last year to streamline investment and stimulate job creation, President Widodo said last month that investment would be the key factor in achieving 5% economic growth in 2021.

"This loan facility and our continued investment in our operations are evidence of the growth potential of the viscose rayon sector in Indonesia and around the world. We are committed to supporting the Indonesian Government's efforts to improve the investment climate in export-oriented manufacturing industries, and its efforts to create upstream jobs in plantations and the processing of raw materials, and downstream opportunities in textile factories and related businesses," said Basrie.

Hari Setiawan, Executive Vice President of PT Bank Rakyat Indonesia (Persero) Tbk said : "As Representative of JMLAB and all lenders, I hope this collaboration will be useful to support the growth and development of PT Asia Pacific Rayon in increasing production and operations and also supporting the recovery of Indonesia's export growth."

"Support from BCA and other Banks reflect our confidence in APR, and as our contribution to promote a sustainable and environment friendly industry. We hope this cooperation will tighten our relationship as well," said Susiana Santoso, Executive Vice President of PT Bank Central Asia Tbk.


About Asia Pacific Rayon

Asia Pacific Rayon is the first fully integrated viscose rayon producer in Asia. Located in Pangkalan Kerinci, Riau, the company uses the latest production technology to produce high-quality rayon to meet textile needs. APR is committed to becoming a leading viscose rayon producer with the principles of sustainability, transparency and operational efficiency, serves the interests of the community and the country, and provides value to customers. APR is part of the RGE (Royal Golden Eagle) group of resource-based manufacturing companies. Sustainability is fundamental to APR. The APR Sustainability Policy, updated in September 2020, include additional commitments on pulp sourcing and clean manufacturing.


About RGE

RGE Pte Ltd manages a group of resource-based manufacturing companies with global operations. Our work ranges from the upstream, comprising sustainable resource development and harvesting, to downstream, where our companies create diverse value-added products for the global market. Our commitment to sustainable development underpins our operations, as we strive towards what is good for the community, good for the country, good for climate, good for customer, and good for company. RGE was founded in 1973. The assets held by RGE companies today exceed US$20 billion. With more than 60,000 employees, we have operations in Indonesia, China, Brazil, Spain and Canada and continue to expand to engage newer markets and communities. www.rgei.com

Africa: Ecobank and Google collaborate to keep children learning during the COVID-19 pandemic - Brand Spur
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