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The Africa Private Sector Summit (APSS) has inaugurated new Governance Boards

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Kingsley K. Asah

They were selected in an open, competitive process from Africa’s five regions – Central Africa, East Africa, North Africa, Southern Africa, and West Africa, plus the Diaspora (5+1)

ACCRA, Ghana, February 19, 2024/APO Group/ — 

Mr. Kingsley K. Asah, the APSS Board Secretary announced that the newly reconstituted Advisory Board and Board of Directors (Executive Board) of the Africa Private Sector Summit (APSS) LBG (https://AfricaPrivateSectorSummit.org/) were inaugurated on February 12, 2024 in a joint virtual induction and inauguration meeting of both boards. The APSS is a pan-African, private sector-led non-profit organization established to promote intra-African trade and investment and an enabling business environment for the implementation of the African Continental Free Trade Agreement (AfCFTA). APSS is headquartered in Accra, Ghana. https://AfricaPrivateSectorSummit.org/. The board members of the APSS are eminent businessmen, women, and commercial professionals from across the continent. They were selected in an open, competitive process from Africa’s five regions – Central Africa, East Africa, North Africa, Southern Africa, and West Africa, plus the Diaspora (5+1) in alignment with the continent’s regions as formally recognized by the African Union.

Professor Kingsley Moghalu, Chairman of both the Advisory Board and the Executive Board and a former Deputy Governor of the Central Bank of Nigeria, addressed the new Boards, saying, “This is a new dawn for the Africa Private Sector Summit. Effective corporate governance will define our brand and drive our work as we engage with African governments, the continent’s private sector, and other partners to enable the private sector’s driving role in the implementation of the AfCFTA by ensuring that obstacles to doing business on the continent are removed”. https://apo-opa.co/3SN5EpA 

The APSS has launched a continent-wide advocacy campaign, which will  be supported by high-level and inclusive stakeholder convenings across the continent in 2024, to obtain the adoption of a Charter on the Private Sector Bill of Rights for an Enabling Business Environment (Private Sector Bill of Rights, PSBoR) by the African Union Heads of State and Government at the AU Summit in February 2025. The PSBoR contains 24 specific proposed rights that, if adopted by African leaders and domesticated in national laws and policy, will be a game-changer for trade and investment in the continent and ensure the success of the AfCFTA treaty in practice.

Effective corporate governance will define our brand and drive our work as we engage with African governments, the continent’s private sector, and other partners

The PSBoR rights include security and stable environments for businesses, effective governance, infrastructure to ease the movement of goods, services, and people, education systems that provide young Africans with the skills needed by businesses for competitive productivity, efficient legal systems, and efficient clearing of cargo at ports and other processes of international trade. Other rights  include free movement of persons in the continent, the right to efficient tax rules that avoid multiple taxation, the right to equal opportunity for market competition, the right to consultation of the private sector on policy, laws, and regulations that affect them, and the right to do business without engaging in bribery and corruption. https://apo-opa.co/3SK0MS7

The APSS Board induction and inauguration included a brief recap by J. Wendell Addy,  founding Chair of the APSS and now a member of the Advisory Board, of the organization’s founding in 2021 and the process that led to the formulation of the Private Sector Bill of Rights with funding support was provided by the United Nations Economic Commission for Africa (UNECA). Dr. Lucy Shuryel Newmann, CEO of APSS, presented the APSS Strategy Plan for 2024-2026, which was adopted by the boards, while the boards also received a presentation of a Corporate Governance Overview by a consulting firm.  The combined Advisory Board and Executive Board meeting adopted the APSS Constitution and the APSS Board Charter, which spell out the distinct but connected roles of the Advisory and Executive Boards as well as EXCO. In a corporate governance innovation, both boards are chaired by the same individual to ensure interconnectivity and effectiveness in their functioning,  supported by the same board secretary.

Composition of the new APPS Advisory Board: Prof. Kingsley Chiedu Moghalu (African Diaspora) is the Chairman and the following individuals are  members by regional representation: Mr. Judson Wendell Addy (African Diaspora), Mr. Benjamin Acheampong (African Diaspora). Kingsley Kweku Nkansah Asah – Board Secretary (West Africa), Mr. Adeyemi Adeyinka (African Diaspora), Dr. Eng. Sherif El-Gabaly (North Africa), Dr. Eugenia Xoliswa Kula (Southern Africa), Mr. Otsile Mphela (Southern  Africa), Assoc. Professor Nakijoba Rosemary (East Africa), Mrs. Pheona Nabaasa Wall (East Africa), Mr. Otunba Bimbo Ashiru (West Africa), Mr. Guevera Yao (African Diaspora), Mr. Adama Gaye (West Africa),  Dr. M’Zee Fula-Ngenge (Central Africa), Mr. Gerald F.B.Cooper (African Diaspora).

Composition of the new APSS Executive Board: Professor Kingsley Chiedu Moghalu (African Diaspora) is the  Chairman, Mr. Kingsley Kweku Nkansah Asah (West Africa) is the  Board Secretary, Prof. Sampson Ndoga (Southern Africa), Dr. Jeannine Uwimana-Nicol (East Africa), Mrs. Lesly Priscilla Dacleu Djiengue (Central Africa), Mrs. Mary Concilia Anchang (Central Africa), Dr. Chabuka J Kawesha (Southern Africa), Mrs. Mamotake C. Matekane (Southern Africa), Professor Eunice Ngozi Egbuna (West Africa), Ms. Davisha L Johnson (African Diaspora), Mr. Denis Karera (East Africa), Mr. Jaswinder Bedi (East Africa), Ms. Akuna Cook (African Diaspora), Dr. Lucy Surhyel Newman (West Africa) is the  CEO.

Composition of the APSS EXCO: Dr. Lucy Surhyel Newman (West Africa) is the CEO and Chair of EXCO, Mr. Adedayo Dayo-Dunmoye (West Africa), is the Projects Director and Mr. Fortunate Kwiringira (East Africa) is the Technical Director.

Distributed by APO Group on behalf of Africa Private Sector Summit (APSS).

Business

South Africa’s Multi-Billion-Dollar Energy Transition Pipeline Takes Shape Ahead of African Energy Week (AEW) 2026

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African Energy Chamber

From LNG terminals and renewable energy corridors to hydrogen hubs and storage solutions, African Energy Week’s “Invest in South Africa” session will highlight the opportunities driving the country’s transition toward a more diversified and resilient energy future

CAPE TOWN, South Africa, August 11, 2026/APO Group/ –South Africa is undergoing one of the most significant transformations in its energy sector, as the country works to diversify its power mix, reduce reliance on coal and develop a more integrated energy system capable of supporting long-term economic growth. Combining electricity, natural gas, liquid fuels, hydrogen and energy storage, this evolving model is creating new opportunities for infrastructure development, industrial investment and public-private partnerships.

These developments will be explored during the “Invest in South Africa: Developing Integrated Energy Systems for an Inclusive and Resilient Energy Future” session at African Energy Week (AEW) 2026, where policymakers, investors and industry leaders will assess the commercial strategies, policy frameworks and financing models required to build a more flexible and diversified energy system.

The discussion comes as South Africa continues implementing its Just Energy Transition Partnership, a landmark initiative launched in 2021 that has mobilized an initial $8.5 billion commitment from international partners to support the country’s transition through investments in renewable energy, grid infrastructure, electric vehicles and green hydrogen. The program has since expanded discussions around blended finance mechanisms and private sector participation to accelerate project deployment.

South Africa’s energy transition represents one of the continent’s most significant investment opportunities

While renewable energy remains central to South Africa’s future power mix, gas infrastructure is expected to play an important role in providing flexibility as the country integrates increasing volumes of intermittent wind and solar power. The government’s Gas Master Plan and emerging gas policy framework aim to support the development of a domestic gas market while enabling new infrastructure investments.

Several major gas infrastructure projects are advancing as part of this strategy. At Richards Bay, the proposed Zululand Energy Terminal is being developed as South Africa’s first LNG import terminal and is expected to support Eskom’s planned 3,000 MW gas-to-power program, strengthening energy security and grid flexibility. Meanwhile, the Ngqura LNG terminal development at the Coega Special Economic Zone is progressing as a strategic gas import and regasification hub designed to support industrial users, independent power producers and future gas-to-power capacity. Together, these projects could establish critical infrastructure for South Africa’s emerging gas market while supporting industrial growth and the transition toward a more diversified energy system.

At the same time, the country is positioning itself as a potential global player in green hydrogen. Projects such as Sasol’s Boegoebaai green hydrogen development in the Northern Cape and the proposed Boegoebaai Special Economic Zone are targeting large-scale renewable-powered hydrogen production, with ambitions to develop export opportunities and create new industrial value chains.

The “Invest in South Africa” session will examine how the country can integrate gas, renewables, hydrogen and storage into a resilient energy system while managing the transition away from coal. Discussions will focus on investment pathways, infrastructure priorities and the partnerships required to deliver reliable power and inclusive economic growth.

“South Africa’s energy transition represents one of the continent’s most significant investment opportunities, but success will depend on building an energy system that delivers reliability, affordability and growth,” says NJ Ayuk, Executive Chairman of the African Energy Chamber. “By bringing together investors, policymakers and industry leaders, AEW 2026 will help advance the partnerships needed to transform South Africa’s energy ambitions into practical projects that benefit the economy.”

As South Africa reshapes its energy landscape, AEW 2026 will provide a platform for stakeholders to identify opportunities across gas, power, renewables, hydrogen and infrastructure – helping define the next chapter of the country’s energy future.

Distributed by APO Group on behalf of African Energy Chamber.

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Five ways Emirates is helping customers travel with greater confidence

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Emirates

Customers travelling anywhere on the Emirates network receive one free date change on tickets booked from 2 April 2026, including journeys connecting through Dubai

DUBAI, United Arab Emirates, August 11, 2026/APO Group/ –From free date changes to industry-first comprehensive travel insurance, Emirates (www.Emirates.com) continues to give customers greater flexibility and more choice, as well as the ability to tailor their travel plans for more peace of mind, from booking to the moment they arrive at their destination.

Here are the latest measures at a glance:

1. Unlimited free date changes to Dubai

From 10 August 2026, customers travelling to Dubai can change their travel dates as many times as they need, free of charge, across every type of fare. Unlimited, free of charge changes run across Saver all the way through to Flex fares in Economy, and for Special, Saver and Flex fares in Business Class.*

Economy Flex Plus, Premium Economy, Business Flex Plus and First Class fares continue to remain fully flexible.

2. Refunds, at a fraction of the cost

Emirates has also substantially reduced refund fees on flights to Dubai to US$50 on Saver fares and US$25 on Flex fares in Economy. In Business Class, refund fees will be US$50 on Special and Saver fares and US$25 on Flex fares.** Together with unlimited free date changes to Dubai, this latest measure means customers can adjust or step away from a booking with minimal penalties, whatever their circumstances.

3. A free date change anywhere across the network

Customers travelling anywhere on the Emirates network receive one free date change on tickets booked from 2 April 2026, including journeys connecting through Dubai. Customers can also hold a fare for 24 hours at no charge while they finalise their plans.*

4. Comprehensive Travel Cover

Emirates’ Comprehensive Travel Cover is an industry-first insurance product covering a range of scenarios, including added conflict cover with reimbursement of medical expenses up to US$25,000 and a free trip extension of up to 30 days. The cover is not restricted by government travel advice. Customers are also covered for trip cancellation, baggage delay and loss, in addition to unlimited worldwide medical expenses and emergency evacuation.

Available at an accessible premium and across 27 countries, the cover can be purchased at the time of booking on emirates.com or added to an existing booking through Manage Booking.

Where flights are disrupted, Emirates will support with accommodation directly for impacted customers. Where onward connections on other airlines are affected, or Emirates services are unavailable, customers are rebooked to their destination at no additional cost, including where cancellations are caused by airspace disruptions.

5. More flexibility and savings for Emirates Skywards members

Emirates Skywards members can get more from their journeys, with greater flexibility, more opportunities to progress their tier and additional savings when using their Miles.

Until 31 August 2026, members can benefit from:

  • 20% fewer Tier Miles required to reach Silver, Gold and Platinum status.
  • 20% bonus Tier Miles on Emirates and flydubai flights.
  • More savings with Cash+Miles, with a special rate of 2,000 Miles = USD 30, instead of the usual USD 15, when using Miles towards Emirates or flydubai flights, excess baggage, lounge access and seat selection.

For more information, visit www.Emirates.com.


* An applicable fare difference may apply.

** No show fees remain unchanged.

 

Distributed by APO Group on behalf of The Emirates Group.

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Sonangol’s Sebastião Gaspar Martins Joins Angola Oil & Gas (AOG) 2026 as Angola’s Hydrocarbon Strategy Takes Shape

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As Angola’s national oil company expands its position across upstream production, refining and infrastructure, Sonangol Chairman Sebastião Gaspar Martins will join AOG 2026 to discuss the company’s role in driving the country’s next phase of investment

LUANDA, Angola, August 11, 2026/APO Group/ –Sebastião Gaspar Martins, Chairman of the Board of Angola’s national oil company (NOC), Sonangol, will speak at the Angola Oil & Gas (AOG) 2026 Conference & Exhibition, taking place in Luanda on September 9-10, with a pre-conference day on September 8. Martins joins the conference as Sonangol advances a portfolio of strategic projects spanning deepwater production, refining and petroleum infrastructure, reinforcing the company’s central role in Angola’s efforts to sustain oil output while strengthening domestic fuel security.

Sonangol is expanding its upstream portfolio through partnerships with leading international operators. In June 2026, the company joined Azule Energy (operator), Equinor and national concessionaire ANPG in reaching a final investment decision on the $5.1 billion Greater PAJ development in Blocks 31 and 31/21. Angola’s first integrated development spanning two blocks, the project will develop an estimated 252 million barrels of reserves through a new FPSO capable of producing 95,000 barrels per day (bpd), with first oil targeted for 2029.

Alongside operator TotalEnergies and Petronas, Sonangol is also advancing the Kaminho project, the first deepwater development in the Kwanza Basin. The project will monetize resources from the Cameia and Golfinho fields through an FPSO with a production capacity of 70,000 bpd, with first oil planned for 2028. In Angola’s shallow waters, Sonangol is leading an infill drilling campaign at Blocks 3/05 and 3/05A. Drilling of the Pacassa SW well is underway, with the Impala-2 development well scheduled to spud shortly thereafter.

Onshore, Sonangol is advancing exploration activities across several blocks. The company operates Blocks KON 11, 12 and 15 in the Kwanza Basin and holds interests in acreage in the Lower Congo Basin. In June 2026, its exploration and production strategy received a significant boost through a $2.65 billion financing package arranged by a syndicate of international lenders.

Sonangol is also playing a leading role in Angola’s downstream expansion. The first phase of the Cabinda Refinery was inaugurated in September 2025, marking an important step toward reducing the country’s dependence on imported petroleum products. The refinery has a planned processing capacity of 60,000 bpd, with Sonangol holding a 10% stake. Attention is also turning to the Lobito Refinery, where the company is engaging international financiers to close a $4.8 billion funding gap. Once completed, the 200,000-bpd facility will be Angola’s largest refinery, with its first phase scheduled to come online in 2027.

Against this backdrop, Martins’ participation at AOG 2026 comes as Sonangol accelerates investment across the upstream and downstream value chain. His participation will provide delegates with insight into the company’s strategic priorities while highlighting opportunities for collaboration with international operators, investors and financiers supporting Angola’s next phase of energy development.

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

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