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Afreximbank announces 71 Sponsors of Intra-African Trade Fair 2023

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Trade Fair

The roll call of IATF2023 sponsors includes four companies in the IATF Official Premier Partner category, two IATF Trade and Investment Partner, one IATF Country Day partner, and 38 IATF Official Partners, among others

CAIRO, Egypt, November 10, 2023/APO Group/ — 

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has released an impressive list of 71 sponsors of the third Intra-African Trade Fair (IATF2023), Africa’s premier trade and investment event, taking place in Cairo from 9 to 15 November.

Positioned as the premier platform for business exchanges in Africa, IATF2023 is drawing on the broad range of programmes and initiatives being implemented by Afreximbank to facilitate intra-African trade and on the promise of the AfCFTA to revolutionise trade, reshape markets across the Africa, boost output in the manufacturing and service sectors and fundamentally transform Africa’s economic structure.

Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, said: “This Intra-African Trade Fair will open the African market to African businesses and will enable us to create investment opportunities and regional value chains beyond anything we have imagined. We are grateful to our sponsors for supporting us in achieving this objective.”

The roll call of IATF2023 sponsors includes four companies in the IATF Official Premier Partner category, two IATF Trade and Investment Partner, one IATF Country Day partner, and 38 IATF Official Partners, among others.

Four IATF Official Premier Partners

The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote. It is the largest conglomerate in West Africa and one of the largest on the African continent. The group employs more than 30,000 people, generating revenue in excess of US$4.1 billion in 2017. Dangote Group is a market leader in Sub-Saharan Africa in Cement Manufacturing, Sugar Milling, Sugar Refining, Flour Milling, Manufacturing of Pasta, Operation of Cement Terminals, Port Operations, Noodles Manufacturing, Packaging Material Production and Salt Refining. www.Dangote.com

Elsewedy Electric creates sustainable projects in energy and infrastructure that enable businesses, communities and regions to thrive. Listed on the Egypt stock exchange since 2006, the hallmarks of our approach are holistic, start-to-finish solutions and an unswerving commitment to excellence. www.ElsewedyElectric.com

Mota Engil is a multinational with activity centred on the construction and management of infrastructure segmented into the areas of engineering and construction (infrastructure, civil construction, other specialities), industrial engineering (mining services), the environment (collection, processing, recovery, waste-to-energy), Mota-Engil Capital (concessions, Mota-Engil ATIV, Mota-Engil Renewing), energy (generation, waste-to-energy, trading), concessions (bridges, highways), Mota-Engil Next (real estate, transformation and innovation). It operates in three continents and 22 countries. www.Mota-Engil.com

Oando Servco Nigeria Limited is part of Oando Plc which is one of Africa’s leading energy solutions providers with a proud heritage and a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. The Oando Group comprises two companies which are leaders in their markets: Oando Energy Resources and Oando Trading. www.OandoPLC.com

Two IATF Trade and Investment Partner,

This Intra-African Trade Fair will open the African market to African businesses and will enable us to create investment opportunities

Atlantic Financial Group provides managed access to all international markets and investment opportunities with offices in Luxembourg, Paris, Geneva, Zurich, Abu Dhabi and Monaco. Its services include wealth management, financial research, structured products, mergers and acquisitions, private equity and real estate. www.Atlantic-Financial.net

Vista Group Holding SA is a financial services holding company focused on contributing to economic and financial inclusion in Africa. Vista Group Holding SA has entered in strategic partnerships with various global financial institutions to drive its growth strategy by focusing on MSME (SME banking, leasing, mesofinance, banking on women), trade and supply chain finance, bancassurance increasing profitability while controlling operating costs and mitigating risks. www.VistaBankGroup.com

IATF Country Day partner

ARISE Integrated Industrial Platforms (Arise IIP) identifies industrial gaps in African countries that unlock value and create new industries in key sectors by creating local transformation, maximizing production, efficiency and cost, which in turn generates local value addition. Tailor-made special economic zones in Gabon, Benin and Togo seek to boost exports, enable the local transformation of raw materials and promote trade. www.ARISEIIP.com

Other Sponsors

NNPC Limited, Union Bank, Access Bank, Orion Oil, African Development Bank, KK Kingdom Nigeria, Export Trading Group (ETG), Hassan Allam, SOMOIL (ETU Energies), International Islamic Trade Finance Corporation (ITFC), Trinity Energy Limited and Bono Energy. 

Others are Great Horn Investment Holdings, Sahara Group, Levene Energy, Development Limited, Guiter, SAMCO Egypt, Oakwood Green Capital Ltd., Fidelity Bank, Pacific Energy Company Limited, Plot Enterprise, UBA, Epe Tasdir Spa /, SAFEX (Algeria), RS Oil & Gas Co. Limited, `Oilserv Limited, Matrix Energy, Lotus Bank, COGEB International, JNPM COMÉRCIO GERAL E REPRESENTAÇÕES and Econet.

Also among the sponsors are Harvest Group of Companies, CORIS Bank International, Scanning Systems, Woodhall Capital, Dorman Long, PAC Holdings, HAVIT INC, Eyrie Energy Limited, UTM FLNG Ltd, NSIA BANQUE Côte d’Ivoire, DPA Industries, FDH Bank PLC, Azikel Group, Bank of Industry, Reserve Bank of Zimbabwe, Banque Misr and Afriland.

Others are Gemcorp, OPAIA GROUP, Liquid Tech Telecommunications (Jersey) Limited/Cassava,Technologies, Sterling Bank, African Energy Chamber, Alfa Services, Petrovision Energy Services, Bureau Veritas, SICOP Industries SA, RAWBANK, Blue, Horn Aviation, DOTT Services, Banque Populaire de Mauritanie, Exodus and and Company, FBC Bank and Samapeche.

IATF2023 is Africa’s largest trade and investment fair. It is projected to attract over 1,600 exhibitors and 35,000 visitors and buyers and to witness the conclusion of US$43 billion of trade and investment deals. It is a must attend event for everyone interested in trade and investments in and across Africa’s single market of 1.4 billion people which has been created by the AfCFTA and which has a combined Gross Domestic Product of over US$3.5 trillion. Attendees at IATF2023 will include buyers, sellers, importers, exporters, investors, manufacturers, captains of industry, senior government ministers, trade finance and advisory specialists, trade and economic organisations, senior executives from corporates and multinationals and innovative entrepreneurs from across Africa and beyond.

For more information about IATF2023 please visit www.IntrAfricanTradeFair.com 

Distributed by APO Group on behalf of Afreximbank.

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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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February 6, 2026

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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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2 days ago

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February 6, 2026

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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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February 6, 2026

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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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