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6 Regional Cooperation Projects to Watch in the MSGBC Region

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MSGBC Region

Regional projects on energy, infrastructure, power, finance and healthcare are promoting investment opportunities, economic growth and cross-border collaboration in West Africa

NOUAKCHOTT, Mauritania, July 17, 2023/APO Group/ — 

The upcoming MSGBC Oil, Gas & Power 2023 conference (https://apo-opa.info/3K3Tm8J) is set to take place in Nouakchott on November 21–22, under the patronage of Mauritanian President Mohamed Ould Ghazouani.

This event has a rich history of promoting regional cooperation (https://apo-opa.info/44uAo3d) by bringing together notable attendees from around the world alongside key players from the local community. 

As the African Development Bank and the West African Monetary Institute (WACMI) advocate for capital market integration to increase investment opportunities (https://apo-opa.info/3NYXeJz) in West Africa, here are some of the best examples of cross-border collaboration on energy, infrastructure, power, water, finance and healthcare projects.

Grande Tortue Ahmeyim: Mauritania and Senegal

The Greater Tortue Ahmeyim (GTA) project (https://apo-opa.info/3rwyO2i), developed by bp and Kosmos Energy, is an offshore natural gas project located on the maritime boundary between Senegal and Mauritania. With a 30-year production potential, it is projected to produce up to 2.5 million tons per annum (mtpa) of liquefied natural gas in its first phase and up to five mtpa in its second, contributing up to 10% of each country’s GDP. The project is an excellent example of regional collaboration; it is ecologically sustainable and its impact has been studied by both the governments of Senegal and Mauritania to ensure that it is developed responsibly. GTA has the potential to significantly contribute to both nations’ economic development.

West African Power Pool

The West African Power Pool (WAPP), established in 2010, is a partnership of national electricity companies in West Africa with the goal of building a reliable power system and a unified electricity market. WAPP has 14 members from the Economic Community of West African States (ECOWAS). The objective of the organization is to integrate national power systems into a single regional electricity market in order to boost electricity trade among member nations and provide a reliable and stable electricity supply at reasonable prices.

GTA has the potential to significantly contribute to both nations’ economic development

West Africa Regional Rail Integration

The West Africa Regional Rail Integration initiative was launched in 2010 by the ECOWAS to strengthen West Africa’s railway network. The project’s goal is to connect the railways of 13 West African nations, resulting in a regional transportation network that is both seamless and effective. By lowering transportation costs and enhancing connectivity, the initiative is expected to improve local trade and economic growth. The project is being developed in phases, with the first focused on the restoration and upgrading of existing railway infrastructure, followed by the building of new railway lines.

Joint Agreement on Senegal-Mauritania Aquifer Basin

The Gambia, Guinea-Bissau, Mauritania and Senegal signed a ministerial statement in 2021 to increase cooperation on shared groundwater management. The four nations intend to create a legislative and institutional framework for collaboration on the Senegal-Mauritanian Aquifer System in order to promote resilience, sustainable development and regional stability. They decided to create a permanent body that would manage the aquifer, which serves over 80% of the population and is under growing pressure from population growth and agriculture.

African Exchanges Linkage Project

The African Exchanges Linkage Project (AELP) trading platform was established in December 2022 under the supervision of the African Securities Exchanges Association. The AELP’s initial phase unites seven stock exchanges from 14 African nations and the West African Economic and Monetary Union (Benin, Burkina Faso, Côte d’Ivoire, Guinea-Bissau, Mali, Niger, Senegal, and Togo). The AELP seeks to enhance cross-border capital flows and investments by linking African capital markets to the global financial system.

Project Shegas: Senegal and The Gambia

The Shegas project, which aims to unify healthcare services between Senegal and Gambia, was inaugurated in Dakar in February 2023. Because both nations have the same population, ethnic groupings and history, national healthcare maps aren’t typically tailored to their specific requirements. The research will examine the transboundary demand for healthcare services and how the healthcare systems of both nations might adapt to it. The study is anticipated to span three years and will include seven border regions in The Gambia. The purpose is to provide policymakers with insights on how to integrate transboundary healthcare services.

All this and more will be further unpacked during Energy Capital & Power’s MSGBC Oil, Gas & Power conference, the premier event for the MSGBC region.

Distributed by APO Group on behalf of Energy Capital & Power.

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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