Andy Walsky of ExaGrid Honored as A 2026 CRN EMEA Channel Leader

 (BUSINESS WIRE)--ExaGrid®, the leader in Tiered Backup Storage, today announced that CRN UK—a brand of The Channel Company—has selected Andy Walsky, VP of EMEA & APAC Sales, for inclusion on the prestigious 2026 CRN® Channel Leaders EMEA list. This annual recognition celebrates IT vendor and distribution executives who are shaping channel strategy and driving innovation and partnership across the industry.

ExaGrid works with resellers and distributors worldwide. The ExaGrid channel programs are designed to be easy for partners, with support from the ExaGrid sales team and without milestone commitments. ExaGrid is known for having a Tiered Backup Storage system that “just works,” is not oversold or undersized, and provides its customers with the best customer support in the industry with an assigned level 2 technical support engineer, ensuring that partners’ customers are well taken care of. ExaGrid provides its reseller partners with a registration program to protect accounts and margins, and SPIF incentives.

“I am honored to be named to this list again in 2026, and grateful to CRN UK for its continued coverage of the EMEA region,” said Andy Walsky. “Working with channel partners is the key to success for any company and must be treated with the highest priority. My channel philosophy is to treat the channel as you would want to be treated yourself, always be fair and keep your word. Developing trust with channel partners is critical. I have deep respect for the work our channel partners do every day.”

The annual CRN Channel Leaders EMEA list spotlights the most influential leaders across the IT channel, celebrating those who champion collaboration, drive innovation and empower their partners and customers to achieve shared success.

“As my team and I reviewed this year’s Channel Leaders EMEA entries, one thing came through loud and clear: a deep, long-standing respect for the channel community. We want to thank these Channel Leaders for being so open about both their strategies, and what drives them as people. Across EMEA’s diverse markets and many years of change, we're proud to recognise their ongoing commitment and the role they continue to play in strengthening the channel,” said Nima Sherpa Green, EMEA Editorial Director, CRN, The Channel Company.

CRN’s 2026 Channel Leaders EMEA list will be featured on channelweb.co.uk.

About ExaGrid

ExaGrid provides Tiered Backup Storage with a unique disk-cache Landing Zone, long-term retention repository, scale-out architecture, and comprehensive security features, including AI-Powered Retention Time-Lock to recover from a ransomware attack. ExaGrid’s Landing Zone provides for the fastest backups, restores, and instant VM recoveries. The Repository Tier offers the lowest cost for long-term retention. ExaGrid’s scale-out architecture includes full appliances and ensures a fixed-length backup window as data grows, eliminating expensive forklift upgrades and planned product obsolescence. ExaGrid offers the only two-tiered backup storage approach with a non-network-facing tier (tiered air gap), delayed deletes, and immutable objects to recover from ransomware attacks.

ExaGrid has physical sales and pre-sales systems engineers in the following countries: Argentina, Australia, Austria, Benelux, Brazil, Canada, Chile, CIS, Colombia, Czech Republic, France, Germany, Hong Kong, India, Israel, Italy, Japan, Mexico, Nordics, Poland, Portugal, Qatar, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Switzerland, Turkey, United Arab Emirates, United Kingdom, United States, and other regions.

Visit us at exagrid.com or connect with us on LinkedIn. See what our customers have to say about their own ExaGrid experiences and learn why they now spend significantly less time on backup storage in our customer success stories. ExaGrid is proud of our +81 NPS score!

ExaGrid is a registered trademark of ExaGrid Systems, Inc. All other trademarks are the property of their respective holders.

About The Channel Company

The Channel Company (TCC) is the global leader in channel growth for the world’s top technology brands. We accelerate success across strategic channels for tech vendors, solution providers, and end users with premier media brands, integrated marketing and event services, strategic consulting, and exclusive market and audience insights. TCC is a portfolio company of investment funds managed by EagleTree Capital, a New York City-based private equity firm. For more information, visit thechannelco.com.

Follow The Channel Company: LinkedIn, X, and Facebook

© 2026 The Channel Company, Inc. CRN is a registered trademark of The Channel Company, Inc. All rights reserved.

 

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The Channel Company Contact:

Josh Whittingham

The Channel Company

jwhittingham@thechannelcompany.com

ExaGrid Media Contact:

Mary Domenichelli

ExaGrid

mdomenichelli@exagrid.com

 

Hyperice Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2026

 Recovery Technology Leader Named Among Top Five in the Wellness and Personal Care Category

(BUSINESS WIRE) -- Hyperice, a high-performance wellness brand, has been named to Fast Company’s prestigious list of the World’s Most Innovative Companies of 2026. This year’s list shines a spotlight on businesses that are shaping industry and culture through their innovations. Alongside the World’s 50 Most Innovative Companies, Fast Company recognizes 720 honorees across 59 sectors and regions.

"To be named to Fast Company’s list for a second time is a proud moment for our team and a reflection of the pace at which we are able to innovate," said Jim Huether, CEO of Hyperice. "The Hyperboot with Nike, the Hyperice X 2, Normatec Elite Hips, and the all-new Hypervolt 3 line represent the most ambitious stretch of new technology in our history. We're proud of the work and even more motivated by what's to come."

The past 12 months have marked one of the most prolific periods of product innovation in Hyperice's history, spanning every major technology category in the company's portfolio. In partnership with Nike, Hyperice introduced the Hyperboot, a first-of-its-kind wearable recovery device built with feedback from Paris 2024 Summer Olympians. The collaboration brought together Nike's footwear expertise and Hyperice's recovery technology to create a fully integrated device designed to accelerate lower-body recovery, setting a new standard for wearable wellness.

Building on the momentum of the Hyperboot, Hyperice launched the Hyperice X 2 Knee and Hyperice X 2 Shoulder in August 2025, representing the most significant technological leap in the company's contrast therapy line to date. The Hyperice X 2 devices introduced a built-in multi-level compression system that drives heat and cold deeper into tissue, an expanded temperature range from 40°F to 121°F, and a new all-in-one display for cord-free portability. Hyperice then unveiled the Normatec Elite Hips in October 2025, the first fully portable, standalone dynamic air compression massage device engineered specifically for the hips, IT bands, and lower back, eliminating the need for separate control units.

Most recently, in March 2026, Hyperice launched the entirely redesigned Hypervolt 3 product line, including the Hypervolt Go 3, Hypervolt 3, and Hypervolt 3 Pro. The new line delivers a quieter, more intuitive experience, with more power, a longer battery life and larger head attachments for deeper relief. All three devices are FSA/HSA eligible, making professional-grade percussion therapy more accessible than ever.

The World’s Most Innovative Companies is Fast Company’s hallmark franchise and one of its most anticipated editorial efforts of the year. To determine honorees, Fast Company’s editors and writers review companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is a globe-spanning guide to innovation today, from early-stage startups to some of the most valuable companies in the world.

“Our list of the Most Innovative Companies is about spotlighting organizations that don’t just adapt to change—they drive it,” said Brendan Vaughan, editor-in-chief of Fast Company. “The companies we honor this year are redefining what leadership looks like in 2026, pairing bold ideas with measurable impact and turning breakthrough innovation into real-world value. They are setting the pace for their industries and offering a blueprint for what sustained innovation can achieve.”

The full list of Fast Company’s Most Innovative Companies honorees can now be found at fastcompany.com. It will also be available on newsstands beginning March 31, 2026.

Fast Company will host the Most Innovative Companies Summit and Gala for honorees on May 19 in New York City. The summit features a day of inspiring content, followed by a creative black-tie gala including networking, a seated dinner, and an honoree presentation.

About Hyperice

Hyperice is a technology-driven company with a giant mission, to help everyone on Earth move and live better. For more than a decade, Hyperice has led a global movement at the confluence of recovery and wellness, specializing in percussion (Hypervolt line), dynamic air compression (Normatec line), vibration (Vyper and Hypersphere lines), thermal technology (Venom line), contrast therapy (Hyperice X), and Hyperboot collaboration with Nike. Now, as a holistic high-performance wellness brand, Hyperice is designed for all – from the most elite athletes, leagues, and teams to consumers everywhere looking to unlock the best version of themselves to help them do what they love, more. Recognized as one of Fast Company’s Most Innovative Companies and a TIME Best Inventions winner, Hyperice has applied its technology and know-how to industries including fitness, hospitality, healthcare, massage, physical therapy, sports performance, and workplace wellness on a global scale. For more information, visit hyperice.com.

About Fast Company

Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with fellow business publication Inc. For more information, please visit fastcompany.com.

 

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hyperice@jacktaylorpr.com

iQmetrix Joins TM Forum as ODA Component Directory Partner, Giving Telecom Operators a Faster, Cleaner Path to Modern Commerce

 VANCOUVER, British Columbia - Tuesday, 24. March 2026 AETOSWire 

Platform’s Standards-Based Architecture Reduces Integration Risk and Accelerates Transformation for CSPs Worldwide

(BUSINESS WIRE) -- iQmetrix, the global provider of Interconnected Commerce solutions purpose-built for telecom retail, today announced it has joined TM Forum and earned recognition as an Open Digital Architecture (ODA) Component Directory Partner. The achievement validates that iQmetrix aligns with the ODA vision and that its platform is built around standardized open APIs, modular cloud-native components, and interoperable architecture aligned with how leading operators are building their digital futures.

The recognition comes as communications service providers (CSPs) accelerate AI adoption and move away from integration-heavy legacy environments. For operators under pressure to reduce technical debt, lower cost, and move faster, architecture standards are no longer a procurement footnote, they are the deciding factor.

What ODA Alignment Means for Operators

As a TM Forum ODA Component Directory Partner, iQmetrix maps platform capabilities directly to defined ODA components. For CSPs, this translates to a concrete operational advantage: interoperable, composable deployment within multi-vendor ecosystems, without the fragile custom integrations that slow transformation and inflate cost.

“Telecom operators have spent years stitching together disconnected systems with fragile glue code and legacy patches,” said Christopher Krywulak, Founder and CEO at iQmetrix. “We took a different approach from day one. Interconnected Commerce is architected as a modular operating layer, not bolted together after the fact. Our ODA alignment confirms that what we’ve built isn’t another silo, it’s infrastructure for modern telecom.”

An AI-Native System of Intelligence for Telecom Retail

iQmetrix Interconnected Commerce is an AI-native telecom commerce platform that acts as a system of intelligence. Rather than layering AI onto legacy complexity, it embeds intelligence directly into commerce workflows, enabling real-time orchestration, improved visibility, and faster decision-making across retail channels, partner ecosystems, and global markets.

The platform connects telcos, retailers, and OEMs into a single coordinated flow, replacing fragmented stacks with a modern operating layer that reduces complexity and lowers total cost of ownership, without requiring operators to rebuild from scratch.

What Sets iQmetrix Apart

“CSPs don’t want another platform that requires heavy integration to prove its value,” added Krywulak. “They want solutions that align with industry standards, deploy cleanly, and scale without baking in new technical debt. That’s exactly what ODA alignment enables, and it’s exactly how we’ve built this.”

By contributing to TM Forum's ODA framework, iQmetrix positions itself as a partner in advancing a shared, composable software standard for the industry, reducing vendor lock-in, shortening transformation timelines, and giving operators the architectural freedom to evolve.

Explore Interconnected Commerce

Unlock the full power of modern telecom retail. Learn how iQmetrix Interconnected Commerce can reduce complexity and accelerate your digital transformation: iQmetrix Interconnected Commerce.

About iQmetrix

iQmetrix is a global provider of Interconnected Commerce software solutions for telecom retail. Interconnected Commerce is an AI-native telecom commerce platform that acts as a system of intelligence. It replaces fragmented legacy stacks with a modern, modular operating layer, connecting telcos, retailers, and OEMs into one flow across channels and markets. The result is less complexity, lower cost, and the speed to move ahead.

For 26 years, we’ve been passionate about helping the leading brands in telecom to grow by providing best-in-class software, services, and expertise that enables them to adapt and thrive. Our solutions power $17BN in sales annually, handling nearly 53 million invoices and more than 28 million activations, and are used by more than 370,000 telecom retail professionals across almost 1,000 clients. iQmetrix is a privately held software-as-a-service (SaaS) company with employees in Canada, the U.S., India, and Europe. For more information, please visit www.iqmetrix.com.

 

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Kinaxis Recognized as a Leader in the 2026 Gartner® Magic Quadrant™ Reports for Supply Chain Planning

 OTTAWA, Ontario - Tuesday, 24. March 2026 AETOSWire Print 

Recognition based on company’s Completeness of Vision and Ability to Execute

 

(BUSINESS WIRE)--Kinaxis® Inc. (TSX: KXS), a global leader in supply chain orchestration, today announced it has been positioned as a Leader in both the 2026 Gartner® Magic Quadrant™ for Supply Chain Planning Solutions for Discrete Industries and the 2026 Gartner® Magic Quadrant™ for Supply Chain Planning Solutions for Process Industries. In both reports, Gartner recognized Kinaxis for its ability to execute and completeness of vision.

Kinaxis has been recognized as a Leader in the Gartner® Magic Quadrant™ for Supply Chain Planning Solutions for eleven times in a row. Kinaxis has also been recognized as a Leader in the 2026 Gartner Magic Quadrant for Supply Chain Planning Solutions for Process Industries and Discrete Industries.

“In our opinion, being named a Leader reflects the growing need for supply chains to deliver measurable business outcomes in the face of constant disruption,” said Andrew Bell, Chief Product Officer at Kinaxis. “Organizations today must maintain and improve service levels, optimize working capital, and respond to volatility in real time. Maestro unifies planning and execution in a concurrent environment where automation and AI help teams act with speed and confidence, driving adaptability that sustains performance.”

As supply chains increasingly operate continuously rather than in fixed planning cycles, organizations require orchestration that keeps pace with constant change. Kinaxis delivers this through Maestro™, its AI-powered platform spanning S&OP, demand, supply, inventory, production planning and scheduling. By combining deterministic automation and composable agentic AI in a shared concurrent model, Maestro enables confident decision-making at enterprise scale across organizations from the mid-market to global enterprises.

With expanded Maestro Agents, Maestro Agent Studio, and a unified data foundation, Kinaxis supports both repeatable execution and adaptive reasoning within a governed environment. These advancements are supported by strategic partnerships including Databricks and with other leading software vendors in the broader enterprise ecosystem. Innovation is further reinforced by Kinaxis’ expanding intellectual property portfolio, which includes nearly 90 issued patents globally and a significant number of additional patents pending across multiple jurisdictions. Approximately 45% of the portfolio focuses on AI and machine learning, underscoring continued investment in intelligent supply chain orchestration.

Complimentary copies of the 2026 Gartner® Magic Quadrant™ for Supply Chain Planning Solutions for Discrete Industries and for Process Industries reports are available for download here.

Gartner Disclaimer:

Note:

1 Gartner, 2026 Magic Quadrant for Supply Chain Planning Solutions for Process Industries

Gartner, 2026 Magic Quadrant for Supply Chain Planning Solutions for Discrete Industries

Gartner, Magic Quadrant for Supply Chain Planning Solutions – 2021, 2022, 2023, 2024, 2025

Gartner, Magic Quadrant for Supply Chain Planning System of Record – 2014, 2016, 2018

Gartner, Magic Quadrant for Sales and Operations Planning Systems of Differentiation – 2019, 2017, 2015

Gartner does not endorse any company, vendor, product or service depicted in its publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner publications consist of the opinions of Gartner’s business and technology insights organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this publication, including any warranties of merchantability or fitness for a particular purpose.

Gartner and Magic Quadrant are a trademark of Gartner, Inc., and/or its affiliates.

About Kinaxis

Kinaxis is a leader in modern supply chain orchestration, powering complex global supply chains, and supporting the people who manage them. Our powerful, AI-infused supply chain orchestration platform, Maestro, combines proprietary technologies and techniques that provide full transparency and agility across the entire supply chain — from multi-year strategic planning to last-mile delivery. We are trusted by renowned global brands to provide the agility and predictability needed to navigate today’s volatility and disruption. For more news and information, please visit kinaxis.com or follow us on LinkedIn.

Source: Kinaxis Inc.

 

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Media Relations

Matt Tatham | Kinaxis

mtatham@kinaxis.com

+1 917.446.7227

Investor Relations

Rick Wadsworth | Kinaxis

rwadsworth@kinaxis.com

613-907-7613

Power Integrations Extends Flyback Topology to Enable 440 W, Offering Simpler Alternatives to Resonant Power Designs

SAN ANTONIO - Tuesday, 24. March 2026

New TOPSwitchGaN ICs more than double power output, reducing system cost, complexity, and design time

 

(BUSINESS WIRE)--APEC 2026 – Power Integrations (NASDAQ: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today introduced a breakthrough in flyback topology extending the power range of flyback converters to 440 W—well beyond the limits that traditionally required more complex resonant and LLC topologies. The new TOPSwitchGaN™ flyback IC family unites the company’s groundbreaking PowiGaN™ technology with its iconic TOPSwitch™ IC architecture, reducing complexity, eliminating heat sinks in many cases, shortening design time, improving manufacturability, and lowering total system cost.

“This is more than a product evolution—it’s a fundamental shift in how engineers can approach power supply design,” said Silvestro Fimiani, director of product marketing at Power Integrations. “For decades, designers have had to move to resonant topologies like LLC as power levels increased. With TOPSwitchGaN, we’re pushing flyback into a power range previously not possible, allowing engineers to achieve high efficiency and performance with a far simpler architecture.”

TOPSwitchGaN ICs provide 92 percent efficiency across the load range—from 10 percent to 100 percent load—and easily beat European Energy-related Products (ErP) regulations at less than 50 mW power consumption for standby and off modes. The device does this without the need for synchronous rectification. They are ideal for high-end appliances, e-bike chargers, and industrial applications.

PowiGaN switches deliver much lower RDS(ON) than silicon. This results in reduced conduction losses which dramatically increase the power capability of flyback converters. These new devices incorporate 800 V PowiGaN switches, which provide excellent surge withstand capabilities and low switching losses, meaning that they can operate at switching frequencies of up to 150 kHz to minimize transformer size.

No-load consumption is well below 50 mW at 230 VAC including line sense, and up to 210 mW of output power is available for 300 mW input at 230 VAC to run housekeeping functions when units are in standby mode.

Fimiani continued: “As the first device to combine offline switchers into small packages—and with billions of units sold since 1994—the TOPSwitch name stands for innovation in power conversion. Engineers rely on TOPSwitch for its efficiency and ease of use, and now those benefits are available for an even wider range of designs. TOPSwitchGaN expands the power range of the flyback architecture to 440 W—previously unheard of using a flyback architecture—expanding the use of flybacks into applications previously requiring more complex topologies.”

The new ICs are available in two styles. For ultra-slim designs, low-profile eSOP™-12 surface-mount packaging enables 135 W (85–265 VAC) to be delivered without a heat sink for applications such as appliances. The vertical orientation of the eSIP™-7 package minimizes PCB footprint and has a thermal impedance equivalent to a TO-220-packaged part. By mounting a metal heat sink using a simple clip, the extended power range is achieved for applications including power tools, e-bikes, and garage openers. Because TOPSwitchGaN ICs are pin-to-pin compatible with TinySwitch™-5 off-line switcher ICs, designers can use the same methodology for applications spanning 10 W up to 440 W.

Availability & Resources

Pricing for TOPSwitchGaN starts at $1.00 for 10,000-unit quantities. The following reference design materials are available:

DER-1079 – this kit uses TOP7074K to deliver a 60 W, wide-range isolated flyback PSU for appliances;

DER-1019 – this kit details a 356 W highline (89 V / 4 A) isolated flyback industrial PSU, based on TOP7078E;

RDK-1018 – this e-bike charger kit is a 168 W wide-range isolated flyback design using TOP7075E.

For further information, contact a Power Integrations sales representative or one of the company’s authorized worldwide distributors—DigiKey, Newark, Mouser and RS Components, or visit power.com.

About Power Integrations

Power Integrations, Inc. is a leading innovator in semiconductor technologies for high-voltage power conversion. The company’s products are key building blocks in the clean-power ecosystem, enabling the generation of renewable energy as well as the efficient transmission and consumption of power in applications ranging from milliwatts to megawatts. For more information, please visit www.power.com.

Power Integrations, the Power Integrations logo, PowiGaN, TOPSwitchGaN, TOPSwitch, TinySwitch and EcoSmart are trademarks, service marks or registered trademarks of Power Integrations, Inc. All other trademarks are the property of their respective owner.

 

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Contacts

Media Contact

Linda Williams

Power Integrations

(408) 414-9837

linda.williams@power.com

Press Agency Contact

Nick Foot

BWW Communications

+44-1491-636 393

nick.foot@bwwcomms.com

Le Fonds saoudien pour le développement signe un accord de 75 millions de dollars US pour renforcer la connectivité régionale au Cameroun

• Le SFD signe un accord de prêt de 75 millions de dollars US pour soutenir la réhabilitation des routes dans le cadre de la Stratégie nationale de développement 2030 du Cameroun.
• Le projet améliorera la connectivité régionale et les échanges commerciaux, en reliant le Cameroun au Tchad et au Niger tout en améliorant l'accès aux services essentiels.
• Cet accord renforce le partenariat de développement de longue date du SFD en Afrique, où il a financé 458 projets dans 47 pays.

 

Le Fonds saoudien pour le développement (SFD) a signé un accord de prêt au développement avec la République du Cameroun afin de financer la réhabilitation de la route Sorawel-Dourbeye. Le projet s'inscrit dans le cadre de la Stratégie nationale de développement 2030 du Cameroun et reflète l'engagement du SFD en faveur d'un développement durable et centré sur l'humain.

L'accord a été signé par S.E. Sultan Abdulrahman Al Marshad, CEO du Fonds saoudien pour le développement, de S.E. Alamine Ousmane Mey, ministre de l'Économie, de la Planification et du Développement régional de la République du Cameroun, en présence de l'ambassadeur saoudien auprès de la République du Cameroun, S.E. Ibrahim Al-Ghamdi, et de représentants des deux parties.

Son Excellence Alamine Ousmane Mey, ministre de l'Économie, de la Planification et du Développement régional, a déclaré : « Au nom du gouvernement camerounais, nous exprimons notre profonde gratitude au Fonds saoudien pour le développement pour son soutien constant aux projets structurels du Cameroun. »

En vertu de cet accord, le SFD apportera 75 millions de dollars américains pour soutenir la réhabilitation d’un corridor routier clé. Le projet permettra de réduire l’isolement, de renforcer la connectivité et de faciliter le commerce régional avec les pays voisins, notamment le Nigéria et le Tchad, tout en améliorant l’accès aux services essentiels.

S.E. Sultan Abdulrahman Al Marshad, CEO du SFD, a déclaré : « Cet accord reflète l’engagement du SFD à soutenir un développement qui améliore la vie quotidienne des populations et de créer des opportunités à long terme. En renforçant la connectivité, en élargissant l’accès aux services essentiels et en soutenant le commerce régional, le projet contribuera au développement durable au Cameroun et dans l’ensemble de la région. »

Le projet améliorera l’accès aux marchés, aux soins de santé et à l’éducation pour les communautés locales. Il soutiendra également le commerce régional et l’intégration économique, contribuant ainsi à la croissance à long terme.

Le partenariat entre le SFD et la République du Cameroun remonte à plus de 40 ans. Depuis lors, le Fonds a soutenu 10 projets de développement pour un montant total de plus de 180 millions de dollars américains dans des secteurs clés, notamment les infrastructures, l’éducation et la santé.

À travers l’Afrique, le SFD a soutenu 458 projets dans 47 pays, renforçant ainsi son rôle de partenaire de développement à long terme.

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Nawaf Alojrush

Directeur des relations avec les médias

Fonds saoudien pour le développement - Tél. : +966112714148

alojrush@sfd.gov.sa  

Saudi Fund for Development Signs USD 75 Million Agreement to Strengthen Regional Connectivity in Cameroon

• SFD signs USD 75 million loan agreement to support road rehabilitation under Cameroon’s National Development Strategy 2030
• Project will enhance regional connectivity and trade, linking Cameroon with Nigeria and Chad while improving access to essential services
• Agreement reinforces SFD’s long-standing development partnership in Africa, where it has financed 458 projects across 47 countries

 

The Saudi Fund for Development (SFD) has signed a development loan agreement with the Republic of Cameroon to finance the rehabilitation of the Sorawel-Dourbeye Road. The project aligns with Cameroon’s National Development Strategy 2030 and reflects SFD’s commitment to sustainable, people-centred development.

The agreement was signed by H.E. Sultan Abdulrahman Al Marshad, CEO of the Saudi Fund for Development, and H.E. Alamine Ousmane Mey, Minister of Economy, Planning and Regional Development of the Republic of Cameroon, in the presence of the Saudi Ambassador to the Republic of Cameroon, H.E. Ibrahim Al-Ghamdi, and representatives from both sides.

H.E Alamine Ousmane Mey, the Minister of Economy, Planning and Regional Development, said: “On behalf of the Government of Cameroon, we express our deep appreciation to the Saudi Fund for Development for its continued support to Cameroon’s structural projects.”

Under the agreement, SFD will provide USD 75 million to support the rehabilitation of a key road corridor. The project will reduce isolation, strengthen connectivity, and facilitate regional trade with neighboring countries, including Nigeria and Chad, while improving access to essential services.

H.E. Sultan Abdulrahman Al Marshad, CEO of SFD, said: “This agreement reflects SFD’s commitment to supporting development that improves people’s daily lives and creates long-term opportunity. By enhancing connectivity, expanding access to essential services, and supporting regional trade, the project will contribute to sustainable development in Cameroon and the wider region.”

The project will improve access to markets, healthcare, and education for local communities. It will also support regional trade and economic integration, contributing to long-term growth.

SFD’s partnership with the Republic of Cameroon goes back more than 40 years. Since then, the Fund has supported 10 development projects totaling more than USD 180 million across key sectors, including infrastructure, education, and healthcare.

Across Africa, SFD has supported 458 projects in 47 countries, reinforcing its role as a long-term development partner.

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Contacts

Nawaf Alojrush

Director of Media Relations

Saudi Fund for Development, +966112714148

alojrush@sfd.gov.sa