April 6, 2023 – L' Observateur Burundi

April 6, 2023

Gorilla Technology Group Secures Significant Smart Government Cybersecurity Project

Large scale project in MENA region focused on Security Convergence solutions

LONDON, April 06, 2023 (GLOBE NEWSWIRE) — Gorilla Technology Group Inc. (“Gorilla”) (NASDAQ: GRRR), a global provider of AI-based edge video analytics, IoT technologies, and cybersecurity, today announced that it has won a significant Smart Government project in the MENA region.

“I’m humbled and overjoyed by this win, which represents one of the most substantial projects in Gorilla’s history,” said CEO Jay Chandan. “Our team’s unwavering determination and hard work have led us to this milestone and I’m immensely proud of their achievements. This significant entry into the MENA region brings us closer to our mission of expanding our global footprint and driving innovation that empowers people and organizations around the world.

“At Gorilla we have remained dedicated to creating technological solutions for both public and private sectors for over two decades now. Being awarded the initial project in the MENA back in November was an important win, but now that we’ve secured this additional opportunity in the region, I believe we have established Gorilla as a key player in the market. Governments in the region are investing heavily to transition from legacy systems to disruptive and newer technologies and are experiencing a significant leapfrog event in their digital transformation journey and we are well positioned to help build it.

“We’ve secured the first phase of the project, which is expected to be over $100 million in value, and expect the second phase, which will begin later this year, to be higher in value. This deal is the largest in Gorilla’s history and is a testament to the trust and confidence in our products and solutions.”

“The win demonstrates Gorilla’s abilities as an end-to-end solutions provider and global operator. Our deliverables include building out the infrastructure layer, customizing our software solutions, integrating the entire system and ultimately managing the system through its lifecycle. The bottom line is it cements Gorilla as a platform-as-a-service solution provider,” added Chandan.

About Gorilla Technology Group Inc.
Gorilla, headquartered in London U.K., is a global solution provider in security intelligence, network intelligence, business intelligence and IoT technology. Gorilla develops a wide range of solutions including Smart Cities, Smart Retail, Enterprise Security, and Smart Media. In addition, Gorilla provides a complete Security Convergence Platform to government institutions, telecom companies and private enterprises with network surveillance and cyber security.

Gorilla places an emphasis on offering leading technology, expert service, and precise delivery, and ensuring top-of-the-line, intelligent and strong edge AI solutions that enable clients to improve operational performance and efficiency. With continuous core technology development, Gorilla will deliver edge AI solutions to managed service providers, distributors, system integrators, and hardware manufacturers. For more information, please visit our website: Gorilla-Technology.com.

Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Gorilla’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our Nasdaq listing improving our ability to attract the attention of customers and investors alike, our ability to fund operations as we execute a strategic shift to pursue the larger and higher margin opportunities in Security Convergence, our expectations to swing to profit in the quarters ahead, our immediate priorities, Gorilla’s strategic shift to enable it to pursue larger projects with better revenue visibility, along with those other risks described under the heading “Risk Factors” in the prospectus Gorilla filed with the Securities and Exchange Commission (the “SEC”) on July 7, 2022, and those that are included in any of Gorilla’s future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Media Contact:
Jeff Fox
The Blueshirt Group for Gorilla
+1 (415) 828-8298
jeff@blueshirtgroup.com

Investor Relations Contact:
Gary Dvorchak
The Blueshirt Group for Gorilla
+1 (323) 240-5796
gary@blueshirtgroup.com

Scott McCabe
The Blueshirt Group for Gorilla
+1 (917) 434-3275
scott@blueshirtgroup.com

GlobeNewswire Distribution ID 8803443

April 6, 2023

From Mine to Rostrum: Sotheby’s to Auction One of the Greatest Gem Discoveries of the Century

Estrela de Fura

Estrela de Fura – Gem

AT 55.22 CARATS, THE RARE GEMSTONE IS THE LARGEST & MOST VALUABLE RUBY TO EVER APPEAR AT AUCTION

EXPECTED TO ACHIEVE IN EXCESS OF $30 MILLION UNEARTHED IN MOZAMBIQUE AND CUT FROM A 101 CARAT ROUGH

THE WORLD’S LARGEST GEM-QUALITY RUBY IN EXISTENCE – THE ESTRELA DE FURA 55.22 WILL HIGHLIGHT SOTHEBY’S MAGNIFICENT JEWELS AUCTION THIS JUNE

“Already in its rough state, the Estrela de Fura showed its extraordinary quality traits with a potential to become a one-of-a-kind gemstone.
The cutter was able to realize this potential and created a faceted ruby with an astounding 55.22 ct weight, displaying a saturated and homogeneous red color, combined with a degree of clarity unseen in any other unheated ruby of comparable size.
To see a natural ruby of this size, with such a combination of quality characteristics spared from treatment was considered almost unimaginable.
The natural ruby of 55.22 ct is setting a new record not only for Mozambican rubies, but also for rubies in general.”
The Gübelin Gem Lab

NEW YORK, April 06, 2023 (GLOBE NEWSWIRE) — When FURA Gems announced its historic uncovering of the world’s largest gem-quality ruby ever discovered in September 2022, the news dominated headlines the world over, prompting tremendous excitement and taking the gemstone market by storm. Unearthed from FURA’s ruby mine in Montepuez, Mozambique in July of 2022, the gemstone – weighing an astonishing 101 carats – was subsequently named Estrela de FURA (Star of FURA in Portuguese), in a nod to its outstanding depth of color and size, and to shine a spotlight on Mozambique as a rich source of premium quality rubies. Even in its rough, untouched state, Estrela de FURA was considered by experts as an exceptional treasure of nature for its fluorescence, outstanding clarity and vivid red hue, known as ‘pigeon’s blood’ – a color traditionally associated only with Burmese rubies.

Estrela de Fura _ Raw gem

Now seven months after its initial debut, as the hammer fell on the final lot of The Exceptional Luxury Evening Auction in Hong Kong, speculation on the ruby’s whereabouts were finally put to rest when Sotheby’s auctioneer, Uni Kim, officially unveiled Estrela de FURA 55.22 to the world. Weighing a sizable 55.22 carats, this exceptionally important and rare Mozambique gem is the largest gem-quality ruby to ever appear at auction. Its combination of rich saturation of color, untouched by heat treatment, highly crystalline appearance and incomparable size that – with an estimate in excess of $30 million – places Estrela de FURA 55.22 as the most valuable and important ruby ever to come to market.

Following an initial series of studies of the 101 carat rough crystal to determine cutting options in the beginning of year, Estrela de FURA was masterfully cut and faceted by a team of artisans – with the rough transformed into a beautiful cushion-shaped stone, which according to a report from the Swiss Gemmological Institute (SSEF), “resulted in vivid red hues due to multiple internal reflections.” The report further states, “a natural ruby from Mozambique of this size and quality can be considered very rare and thus anexceptional treasure of nature.” The aforenamed gem is profoundly rich in chromium which, when exposed to ultraviolet light – as found in sunlight – causes the stone to radiate a fiery red fluorescence, further enhancing the stone’s vibrancy, as though lit from within.

Estrela de Fura _ lifestyle

The ruby has become one of the most sought-after colored gemstones at a time when color dominates the world of jewels and rarity drives the market. Rubies of this importance and magnitude are exceedingly rare, with only two examples having ever broken the $15 million barrier at auction, making the appearance of the present gem a landmark event in itself. The Gübelin Gem Lab states further that the ruby “is setting a new record not only for Mozambican rubies, but also for rubies in general.” Estrela de FURA 55.22 is poised to make history as it sets to surpass The Sunrise Ruby, a 25.59 carat ruby of Burmese origin, which sold for $30.3 million ($1,185,451 per carat) at Sotheby’s Geneva in 2015, and still holds the world auction record for a ruby*.

The stone’s new journey commences today at Sotheby’s Hong Kong, where it will then embark on a worldwide tour, with exhibitions scheduled in Taipei, China, Singapore, Geneva and Dubai (full dates will be released in due course) before it stars in Sotheby’s Magnificent Jewels auction in New York on 8 June.

__________________________________________________________________________________

“The miraculous discovery last year of the 101 carat Estrela de FURA at the FURA mine in Mozambique was of immense importance, shocking all those in the jewelry world. Now, in its newly transformed state of 55.22 carats, Estrela de FURA 55.22, is a true wonder of nature and sensational stone of perfect color and exceptional clarity, combined with a superb cushion shape. It is undoubtedly positioned to become the standard bearer for African rubies – and gemstones in general, bringing global awareness to their ability to be on par with, and even outshine, those from Burma, which have traditionally been the most desirable and recognizable source for rubies,” declares Quig Bruning, Head of Sotheby’s Jewelry, Americas.

“We, at FURA, are incredibly proud of the discovery of Estrela de FURA at such an early part of our Mozambican journey. Important gemstones, such as Estrela de FURA, are extremely rare, and a beautifully faceted gem-quality ruby of 55.22 carats is almost unheard of. From the in-depth analysis and study of the stone – through the process of cutting and polishing – we have worked with the utmost care and respect for the Ruby, recognizing its importance and stature. Witnessing the completion of Estrela de FURA 55.22 was a monumental achievement for all of us, and we are excited that a new page in the story of this incredible gem and Mozambican rubies is about to be written with Sotheby’s,” declares Dev Shetty, Founder and Chief Executive Officer of FURA Gems.

__________________________________________________________________________________

RUBY MINING IN MOZAMBIQUE

Ruby mining in Mozambique beholds a long, rich history, with the first significant discoveries of ruby deposits in the country dating back to the 1960s. However, it was not until the early 2000s that the mining of rubies in Mozambique gained real momentum, with the discovery of the Montepuez ruby deposit in the northern part of the country, where the Estrela de FURA rough crystal was originally found. The best of these rubies from Mozambique are characterized by an outstanding transparency and rich color, resulting in extraordinary overall quality. The Montepuez ruby deposit is one of the largest ruby deposits in the world, attracting significant interest from international mining companies.

__________________________________________________________________________________

A NOTE TO EDITORS

*The current world record for a ruby sold at auction is held by the ‘Sunrise Ruby,’ a 25.59 carat Burmese stone, which was auctioned at Sotheby’s Geneva in May 2015 for $30.3 million. This price also established a new record for any ruby per carat ($1,185,451 per carat), at the time

__________________________________________________________________________________

ABOUT FURA GEMS

FURA Gems Inc. is a young coloured gemstone mining and marketing company established in 2017. Headquartered in Dubai, United Arab Emirates, FURA has over 1,200 employees across continents. It is the first truly pioneering, creative and ethical enterprise to cover the entire spectrum of coloured gemstones.

FURA has three mining operating subsidiaries in Colombia, Mozambique, and Australia, that mine emeralds, rubies, and sapphires respectively. It is the fastest growing coloured gemstone mining company with the sole objective of ensuring stability and traceability of ethically mined coloured gemstones from rough to retail.

FURA Gems will allocate a portion of the proceeds of the sale towards setting up the Fura Training Academy to support the community where it operates in Mozambique.

The key objective is to promote access to qualified education and technical training to the local population in different work streams such as mining, carpentry, engineering, and agriculture to provide them with a sustainable income. www.furagems.com

__________________________________________________________________________________

CONTACT AT FURA GEMS INC. FURA COMMUNICATION

MR GIANLUCA MAINA | GIANLUCA.MAINA@FURAGEMS.COM

Photos accompanying this announcement are available at

https://www.globenewswire.com/NewsRoom/AttachmentNg/b1433b00-f614-4216-8a1a-ebaee7e1db31
https://www.globenewswire.com/NewsRoom/AttachmentNg/a4e05397-5511-4677-bf29-4e2c856d5bd5
https://www.globenewswire.com/NewsRoom/AttachmentNg/be3a749e-fd1d-4314-96f3-bc2ca459e829

GlobeNewswire Distribution ID 1000802550

April 6, 2023

Carolina Cerqueira highlights African parliament´s commitment to peacekeeping

The Parliament Speaker, Carolina Cerqueira, reiterated Thursday in Luanda the engagement of African parliamentarians in the continuous efforts to maintain peace, development and social justice on the continent.

Speaking to the press after attending the 14th conference of the leaders of the Parliamentary Assemblies of the Francophonie in Africa, Carolina Cerqueira said that these are the principles that Angola follows in its current parliamentary diplomacy.

According to the official, the three days meeting served to assess issues related to fighting hunger, poverty, and misery in Africa, problems that affect the sustainable development of communities.

Carolina Cerqueira, who considered positive and successful Angola´s participation in the event, stated that it also served to strengthen bilateral relations with parliaments in the Francophone zone, as well as with Guinea-Bissau and São Tomé and Príncipe, delegations whose members agreed on the need for strategies for greater intervention by Portuguese-speaking parliamentarians on the continent.

She said that during the event, the Angolan Parliament delegation presented information on the actions of the Head of the State towards consolidation of peace in the Central African Region (CAR), in particular in the eastern part of the Democratic Republic of Congo (DRC).

Carolina Cerqueira stressed that she took the opportunity to explain to the Francophone parliamentary leaders the purpose of the Angolan military contingent that will soon be sent to the DRC to help in the quartering and demobilization of the M23 forces, given Angola´s experience in peace and security.

During the event, the parliamentarians analyzed issues such as climate change, autonomy and youth participation in political life, the promotion of democracy, gender equality, energy and water, among others.

The National Assembly delegation included the deputy Ângela Bragança, Alcides Sakala, Milonga Manuel Bernardo, consultants and employees of the Angolan Parliament.

Source: Angola Press News Agency

April 6, 2023

Angola elected a member of EXCOM

Angola was elected Wednesday, in New York, as the 108th member of the Executive Committee of the United Nations High Commissioner for Refugees (EXCOM), according to the United Nations (UN) General Assembly Resolution 77/197.

The election, made by acclamation, took place during the 17th Plenary Meeting of the United Nations Economic and Social Council in New York.

The Executive Committee of the Office of the High Commissioner for Refugees (EXCOM) meets annually in Geneva, Switzerland, to review and approve the agency’s programs and budget.

It reviews the United Nations High Commissioner for Refugees´s (UNHCR) financial requirements for the following year and approves the annual program target.

EXCOM also adopts conclusions, mainly on international protection, as well as decisions on a range of administrative, financial and procedural matters.

Angola, as a state party to the 1951 Convention relating to the Status of Refugees and its 1967 Protocol, attaches particular importance to the mandate of the United Nations High Commissioner for Refugees.

It was determinant for the election of Angola, its experience in the management of refugees and internally displaced persons, acquired during more than 30 years of internal armed conflict and the reception of refugees from various countries.

According to UNHCR data, in Angola there are 56,000 refugees under control, of which 30,000 are asylum seekers.

Source: Angola Press News Agency

April 6, 2023

Angolan president gets message from Comoros counterpart

Angolan head of State João Lourenço received Thursday a message from his counterpart of the Union of the Comoros, Azali Assoumani, aimed at strengthening cooperation between the two countries.

The message was delivered by Comoros’ minister of defence, Yossoufa Mohammed Ali, in his capacity as special envoy of the Head of State of this southern African country.

Speaking to the press, after the audience, Yossoufa Mohammed expressed his government availability to strengthen bilateral cooperation in the social and economic fields, based on mutual benefits.

Solutions to conflicts in Africa

According to the special envoy, the Comorian head of State, Azali Assoumani, current President-in-Office of the African Union (AU), is seeking Angola’s support in the search for solutions to the conflicts in several regions of Africa, with stress to the Great Lakes Region and the Sahel.

“The President of the Comoros relies heavily on the support and advice of his Angolan counterpart for the stability of the continent in general, given his experience”, he explained.

In view of diplomatic commitment demonstrated in the prevention, management and resolution to conflicts in Africa, the President João Lourenço was named “AU Champion for Peace and Reconciliation in Africa” at the 16th African Union Summit on Terrorism and Unconstitutional Changes of Government in Africa, held in Malabo, Equatorial Guinea, on May 28, 2022.

Source: Angola Press News Agency