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The Meltwater Entrepreneurial School of Technology (MEST Africa) launches the MEST Africa Challenge 2025 in partnership with Absa

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MEST

Unlocking new growth pathways for Africa’s FinTech founders

ACCRA, Ghana, August 4, 2025/APO Group/ –The  Meltwater Entrepreneurial School of Technology (MEST Africa) (https://Meltwater.org/) today opened applications for the 7th edition of the MEST Africa Challenge (MAC 2025), a pan-African pitch competition that equips high-potential startups with funding and hands-on support.

This year’s edition is dedicated exclusively to FinTech startups, spotlighting founders who are reimagining how money is moved, managed, and insured across the continent. Applications run 30th July – 26th September 2025, after which 20 semi-finalists and 10 grand-finalists will be selected. The overall winner will secure a US $50,000 equity investment and the opportunity to pilot with strategic partners at scale.

“The MEST Africa Challenge is where Africa’s boldest ideas find the opportunity to scale,” said Ashwin Ravichandran, Portfolio Advisor & MAC Lead at MEST Africa. “Our partnership with Absa gives these visionary founders the lift they need—connecting them to the capital, expertise, and networks that turn promising startups into sector-defining businesses and drive inclusive growth across the continent.”

With US $30 million invested in more than 90 startups and 2,000 entrepreneurs to date, MEST is one of Africa’s most active early-stage tech investors. The 2025 edition of MAC deepens that impact through a strategic partnership with Absa that aligns the competition with the bank’s digital-finance priorities.

“Africa’s future will be shaped by bold ideas, local ingenuity, and scalable innovation. At Absa, we recognize the critical role entrepreneurs play in driving inclusive economic growth. This partnership with MEST reflects our commitment to backing those visionaries and shaping the future of financial services. It complements our digital transformation strategy and reflects our purpose of empowering Africa’s tomorrow, together, one story at a time,” said Omar Baig, Managing Executive: ARO Retail and Business Banking.

The MEST Africa Challenge is where Africa’s boldest ideas find the opportunity to scale

The collaboration between Absa and MEST aims to accelerate innovation by connecting FinTech startups with the resources and expertise needed to scale solutions that drive inclusive growth across Africa.

“Our partnership with MEST is a strategic step toward unlocking innovation that truly matters,” says Muhammad Ali Bhikhan, Managing Executive and Chief Information Officer at Absa Regional Operations. “It will allow us to connect with visionary startups, build a strong talent pipeline, and collaborate on solutions that can drive meaningful digital transformation and long-term impact across the continent, he concludes.”

Who should apply to MAC 2025?

MAC 2025 invites early-stage startups in FinTech and other high-value, value-chain solutions that are already active in at least one of Absa’s priority markets — countries including  Botswana, Uganda, Mauritius, Seychelles, Kenya, Mozambique, Zambia and Ghana. To qualify, a company must be three years old or younger, show minimum monthly recurring revenue of US $5,000, and have raised no more than US $1 million to date. Each venture should have at least two co-founders, be able to pitch in English, and—while not mandatory—Delaware registration is considered an advantage.

Founders can submit a short online application, including a three-minute video pitch, on https://apo-opa.co/40P2V41 from 31st July, 2025. Virtual semi-finals will take place in late October, and the top ten teams will present live in Cape Town at the Grand Finale in late November.

Distributed by APO Group on behalf of The Meltwater Entrepreneurial School of Technology (MEST Africa).

Business

The Islamic Development Bank (IsDB) Group Successfully Concludes Private Sector Roadshow in Baku

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Islamic Development Bank

Bringing together a diverse range of stakeholders, the Forum showcased IsDB Group services, activities, and initiatives across its 57 member countries, with particular emphasis on Azerbaijan

BAKU, Azerbaijan, May 7, 2026/APO Group/ –The Islamic Development Bank Group (IsDB) affiliates (www.IsDB.org) – namely the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Trade Finance Corporation (ITFC) – in cooperation with the Islamic Development Bank Group Business Forum (THIQAH), organized the “IsDB Group Private Sector Roadshow” in Baku, Azerbaijan, in close collaboration with the Ministry of Economy of the Republic of Azerbaijan and the Export and Investment Promotion Agency of the Republic of Azerbaijan (AZPROMO).

 

The high-profile event which took place on Thursday, 7th May 2026, at Azerbaijan’s Ministry of Economy, came as part of ongoing preparations for the upcoming IsDB Group Annual Meetings and Private Sector Forum (PSF 2026), scheduled to take place from 16 to 19 June 2026, under the high patronage of His Excellency President Ilham Aliyev, the President of the Republic of Azerbaijan.

 

Bringing together a diverse range of stakeholders, the Forum showcased IsDB Group services, activities, and initiatives across its 57 member countries, with particular emphasis on Azerbaijan. It highlighted the Group’s ongoing support for private sector development and its efforts to stimulate promising investment and trade opportunities in the Azerbaijani market.

 

The event also served as a unique opportunity inviting the audience to participate actively in IsDB Group Annual Meetings and the Private Sector Forum (PSF 2026). The program included panel discussions and specialized workshops on ways to enhance economic partnerships and the role of IsDB Group’s institutions in supporting the needs of member countries. The spectra of services, solutions and financial tools were also presented, including lines and modes of Islamic financing, trade finance and trade development solutions, corporate private sector financing, as well as risk mitigation solutions plus investment insurance and export credit insurance services.

 

Keynote speakers, in their speeches, underlined strong commitment to deepening engagement with the private sector and fostering meaningful partnerships that drive sustainable economic growth in light of the upcoming IsDB Group Annual Meetings in Baku, all to showcase integrated solutions especially in Islamic finance, trade, investment, and risk mitigation while working closely and collectively with private sector partners to unlock new opportunities, support innovation, and empower businesses contributing to inclusive and resilient development across IsDB Group member countries.

Distributed by APO Group on behalf of Islamic Development Bank Group (IsDB Group).

 

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Business

APO Group Named South Africa’s Best Public Relations & Media Consultancy Agency of the Year, 2025 – World Business Outlook Awards

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APO Group

Recognition marks third consecutive year of major industry honours, reinforcing sustained leadership in performance-driven communications across Africa

JOHANNESBURG, South Africa, May 7, 2026/APO Group/ –APO Group (www.APO-opa.com), the pan-African communications and PR consultancy integrating advisory, execution, and proprietary news distribution, has been named Best Public Relations & Media Consultancy Agency of the Year South Africa 2025 at the World Business Outlook Awards.

This recognition affirms APO Group’s continued leadership in performance-driven communications and reflects the strength of an integrated model that delivers strategic advisory, execution, and guaranteed media visibility across Africa.

This recognition reflects the trust clients place in us to deliver communications strategies that are measurable, accountable and effective across Africa’s diverse markets

Part of the international World Business Outlook Awards programme, the award recognises organisations demonstrating excellence, innovation, and measurable impact in their respective sectors. For APO Group, it builds on a sustained record of performance, having won the same category in 2024, and scooping dual honours in 2023: Leading PR Firm Africa and Leading Pan-African Communications Consultancy Africa.

These consecutive wins reflect consistent delivery, market leadership, and growing recognition of APO Group’s differentiated approach to communications on the continent.

Operating across 54 African markets, APO Group has built an integrated communications model designed to replace fragmented approaches often associated with multi-market public relations, providing clients with the clarity, consistency, and control required to manage reputation and visibility at a continental scale.

“Our focus has always been on performance, not activity,” said Bas Wijne, Chief Executive Officer at APO Group. “This recognition reflects the trust clients place in us to deliver communications strategies that are measurable, accountable and effective across Africa’s diverse markets. It also reinforces our belief that integrated communications, when built around outcomes, can create real strategic advantage.”

APO Group’s model supports multinational companies, African institutions and development organisations seeking measurable results across complex, fast-evolving markets. By aligning advisory, execution and guaranteed visibility within a single system, the consultancy enables clients to achieve stronger narrative consistency, greater media impact and more controlled reputation outcomes.

As organisations increasingly seek communications partners capable of delivering both strategic counsel and executional certainty, APO Group continues to strengthen its position as a consultancy built for performance, designed for Africa, and trusted by organisations operating across the continent.

Distributed by APO Group on behalf of APO Group.

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Energy

InterOil’s Angola Oil & Gas (AOG) 2026 Silver Sponsorship Reflects Drive to Scale Logistics, Local Content

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Energy Capital

Integrated logistics, local workforce development and offshore execution converge as Angola’s project pipeline expands

LUANDA, Angola, May 7, 2026/APO Group/ –Angolan oilfield services provider InterOil has joined the upcoming Angola Oil & Gas (AOG) Conference and Exhibition as a Silver Sponsor, taking place September 9-10 with a pre-conference on September 8. For over 21 years, InterOil has worked alongside international operators, playing a strategic role in maintaining stable and reliable offshore activities. It’s AOG sponsorship not only demonstrates a commitment to the growth of the industry, but positions the logistics and offshore support provider at the center of Angola’s next wave of deepwater and infrastructure-led projects.

InterOil’s sponsorship reflects a core reality in Angola’s hydrocarbon market: as projects become more complex and move into deeper waters, the ability to sustain operations through integrated logistics solutions is emerging as a defining constraint. The company’s model – combining onshore coordination with offshore execution – addresses this directly, ensuring continuity across high-intensity operations where downtime carries significant financial and technical risk.

Operating in a complex offshore environment, InterOil has built its track record around reliability and operational discipline. A key reference point is the Kaombo development in Block 32, operated by TotalEnergies. Since 2014, the company has supported the project through integrated onshore and offshore logistics, sustaining operations for both the FPSO Kaombo North and FPSO Kaombo South. The development remains one of Angola’s most technically complex offshore assets, and InterOil’s role in maintaining operational continuity underscores the importance of logistics providers in stabilizing production and ensuring efficiency at scale.

This operational focus is complemented by a long-term commitment to local content development. InterOil has prioritized the recruitment, training and advancement of Angolan professionals, embedding structured capacity-building and knowledge transfer into its operating model. In a market where local participation is both a regulatory requirement and a strategic imperative, this approach supports workforce development while reinforcing operational resilience.

As Angola seeks to sustain production above one million barrels per day by expanding infrastructure, accelerating offshore projects and deepening local participation across the value chain, the role of logistics providers is becoming more strategic. AOG 2026 provides a platform where these capabilities are integrated into broader project discussions, connecting operators, service providers and investors around execution as a core pillar of project success. InterOil’s participation underscores a broader industry shift: in Angola’s next phase of growth, operational delivery will carry as much weight as resource potential.

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

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