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Shoreline Energy International Managing Director to Speak at African Energy Week (AEW), Presenting Pragmatic Solutions

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Shoreline Energy International

At African Energy Week, Shoreline Energy International MD Kola Karim, will discuss crucial issues and suggest practical approaches for the expansion of regional power networks and the acceleration of industrialization

JOHANNESBURG, South Africa, August 18, 2023/APO Group/ — 

Kola Karim, Managing Director (MD) of power solutions company Shoreline Energy International, has been confirmed as a speaker at African Energy Week (AEW) – organized by the African Energy Chamber (AEC) (www.EnergyChamber.org) – scheduled to take place on October 16–20 in Cape Town. Karim’s vast experience in the power solutions realm promises to bring insightful perspectives to the discussions. His participation adds a valuable dimension to the event, shedding light on critical topics within the energy sector.

With a remarkable journey spanning an impressive 26 years, Karim has been steering the ship at Shoreline Energy International since January 1997. Renowned as one of Nigeria’s most accomplished entrepreneurs, Karim stands as the visionary founder and CEO of Shoreline Energy International. This homegrown power solutions enterprise is dedicated to power generation and the manufacturing of power equipment, operating across sub-Saharan Africa.

Shoreline Energy International is recognized for acquiring infrastructure and energy assets and acting as an investor in businesses and trade. The company’s strategic acquisitions contribute to a diversified asset portfolio with the potential for substantial returns. Shoreline encompasses a range of operating companies, including Mota Nigeria Limited, a leading construction company; DBN Energies, specializing in EPC contracts for the oil and gas industry; and Shoreline Power Company, a prominent player in power generation.

Looking ahead, Karim’s central focus revolves around nurturing dependable and sustainable power supplies and forging integrated energy solutions throughout sub-Saharan Africa

Operating globally and with a noteworthy presence in key African nations including Liberia, Ghana, Nigeria, Uganda, and Angola, Shoreline Energy International’s reach and impact extend across borders. The company’s dedication to crafting integrated energy solutions tailored for sub-Saharan Africa has materialized into important accomplishments. Collaborating with Aggreko, the company has successfully initiated operations at a 100 MW power plant in Uganda. This achievement stands as a tangible example of how enhancing the energy supply can serve as a catalyst for significant developments across the African continent.

Additionally, the company’s operations also consist of Shoreline Telecommunications. Shoreline Telecommunications builds essential communication infrastructure across Sub-Saharan Africa, fostering connectivity vital for progress. The company has acquired a stake in key telecoms through a partnership with a global investment bank delivered to Ghana. Moreover, Shoreline Telecommunications has extended its operations to Ivory Coast in Africa and India, showcasing its commitment to enhancing connectivity across borders.

Shoreline Energy International’s infrastructure and engineering operations exemplify a strategic approach to growth and leadership. Notable achievements, such as acquiring control of Costain (West Africa) Plc, launching the Agbara Shoreline Power Company IPP, and the acquisition of ABB Electrical Systems in Nigeria, underscore the company’s commitment to fostering infrastructural advancement. These endeavours align with the company’s overarching objectives: to establish a robust platform for infrastructure and engineering leadership, capitalize on growth opportunities within the power sector, and consolidate its presence in the construction industry. Through a combination of acquisitions and organic growth, Shoreline Energy International has positioned itself as a key player in driving sustainable development, delivering vital infrastructure, and contributing to the progress of vital sectors within the region.

Meanwhile, Shoreline Investments & Trading’s commitment to fostering operational advancements in Africa holds significant importance, particularly considering the region’s evolving energy needs. Notably, Davof Technical Services, a Shoreline Joint Venture, has embraced renewable energy trading by venturing into biomass trading. This forward-thinking move reflects its dedication to sustainable energy solutions. In Africa, where pivotal projects like renewable energy initiatives are shaping the energy landscape, Shoreline Investments & Trading plays a crucial role. Its network and financial expertise attract essential foreign direct investment, contributing to regional development.

“Shoreline Energy International’s initiatives, spanning power generation, equipment manufacturing, and strategic investments, are driving project development in Africa’s energy sector,” states NJ Ayuk, Executive Chairman of the African Energy Chamber, adding that “Its presence across key African nations, coupled with a visionary focus on integrated energy solutions, reflects its dedication to shaping a sustainable energy landscape.”

Looking ahead, Karim’s central focus revolves around nurturing dependable and sustainable power supplies and forging integrated energy solutions throughout sub-Saharan Africa. His participation at AEW will serve as a catalyst for dialogues concerning Africa’s power sector, addressing pivotal concerns, and proposing pragmatic solutions for expanding regional power networks and propelling industrialization.

Distributed by APO Group on behalf of African Energy Chamber.

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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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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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