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Africa Finance Corporation Chief Executive Officer (CEO) Joins African Energy Chamber G20 Forum Amid Bold Investment Drive in Africa

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7 months ago

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African Energy Chamber

The AFC has been at the forefront of financing African energy and infrastructure projects

JOHANNESBURG, South Africa, November 13, 2025/APO Group/ –Samaila Zubairu, President & CEO of multilateral finance institution the Africa Finance Corporation (AFC), has joined the African Energy Chamber’s G20 Africa Energy Investment Forum (https://EnergyChamber.org), where he is expected to spotlight the organization’s efforts to scale-up energy and mineral financing in Africa. Taking place November 21 in Johannesburg, South Africa, the forum convenes global investors, project developers and African stakeholders with a view to advance financing solutions that transform the continent’s energy sector. Zubairu’s participation underscores the AFC’s commitment to Africa’s energy future, opening new pathways for future deals.

 

The AFC has emerged as one of the continent’s most impactful infrastructure financiers, driving investments across the entire energy and mining sectors and their value chains. Over the years, the institution has disbursed $14 billion to projects across 36 countries in Africa through loans, equity investments and infrastructure support. These investments have resulted in over $50 billion in contributions towards the continent’s GDP while creating seven million jobs across critical industries. Looking ahead, the AFC will continue to play a central role in driving African energy projects, bridging financing gaps and enabling long-term industrial growth.

In the energy and infrastructure sectors, the AFC represents a strong financial partner for African project developers. Recent milestones reflect this role, with project advancements poised to enhance the continent’s energy security while supporting the energy transition. In October 2025, the AFC-backed Infinity Power reached financial close on the 200 MW Ras Ghareb Wind Farm in Egypt. The project secured $153 million in senior debt for the project, which is slated to come online in 2027. In July 2025, the institution closed and disbursed €75 million of an €85 million sovereign facility to Government of Angola to support the construction of 186 priority bridges and critical upgrades to the national road network. The announcement follows Angola joining the AFC as a shareholder, reinforcing its commitment to Africa-led development.

By financing everything from gas-to-power to renewables to mining, the AFC is helping African nations strengthen energy security

In 2025, the AFC also raised $400 million in Shariah-compliant Commodity Murabaha Facility to fund African infrastructure, while successfully pricing its hybrid bond, raising $500 million for infrastructure projects across the continent. Additionally, in October 2025, the institution also announced the establishment of the African Multilateral Financial Institutions Infrastructure Financing Facility, aimed at increasing access to capital for strategic projects in Africa. The facility – launched alongside the African Union Development Agency-NEPAD – mobilizes $1.5 billion for African infrastructure projects, underscoring the AFC’s commitment to creating new pathways for domestic financing solutions.

Meanwhile, the AFC has been at the forefront of financing African mining projects, supporting continental efforts to affirm Africa as a major player in the global energy transition. Recent transactions include a $150 million senior loan for the Phase 3 expansion at Ivanhoe Mines’ Kamoa-Kakula Copper Complex in the Democratic Republic of the Congo and $330 million in senior debt financing distributed alongside the African Export-Import Bank for FG Gold. The investment supports the construction of the Baomahun Gold Project in Sierra Leone. These transactions reflect the AFC’s position as a trusted and effective partner in the continent’s development.

“The AFC’s approach recognizes that Africa’s energy future cannot rely on a single source: it must be built on diversity, innovation and local value creation. By financing everything from gas-to-power to renewables to mining, the AFC is helping African nations strengthen energy security, attract private capital and lay the foundation for long-term economic resilience,” states NJ Ayuk, Executive Chairman of the AEC.

As Africa seeks to attract billions in capital to meet its energy transition and development goals, the AFC’s experience in structuring and financing complex projects provides a roadmap for success. Its ability to mitigate risks, enhance credit profiles and catalyze co-investment has positioned the corporation as a cornerstone of Africa’s infrastructure financing ecosystem.

To register for the Forum click here: https://apo-opa.co/49ilJxE.

Distributed by APO Group on behalf of African Energy Chamber.

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Africa Tech Festival 2026 returns as Africa’s defining platform for digital transformation, investment and innovation

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14 hours ago

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June 23, 2026

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Africa Tech Festival

Africa Tech Festival 2026 is structured around six interconnected pillars that reflect the technologies and priorities driving Africa’s digital economy: Telecoms & Connectivity; Data Centres; AI; Cybersecurity; Startups; and Digital Transformation

CAPE TOWN, South Africa, June 22, 2026/APO Group/ –Africa Tech Festival (https://AfricaTechFestival.com), the continent’s longest running and most influential technology gathering, will return to the Cape Town International Convention Centre from 16 to 19 November 2026, bringing together key stakeholders driving the next phase of Africa’s digital growth.

Now in its 29th edition, Africa Tech Festival, originally launched as AfricaCom, has evolved alongside the continent’s digital transformation, expanding its focus to encompass the full spectrum of technology, investment opportunities and policies that drive economic growth.

At a time when investment in connectivity, subsea cables, fibre networks, data centres and cloud infrastructure is reshaping Africa’s digital landscape, Africa Tech Festival serves as a catalyst for the conversations and partnerships driving that progress. South Africa’s Department of Communications and Digital Technologies is a Strategic Partner of the event, with Minister of Communications and Digital Technologies, Hon. Solly Malatsi, confirmed to deliver the opening address.

“Africa Tech Festival is a strategic platform shaping Africa’s digital future, bringing together leaders from across the continent in government and industry to drive collaboration, investment, and innovation. As host country, South Africa is proud to champion an event that not only strengthens partnerships, but advances a shared vision of an inclusive, connected and globally competitive African digital economy,” said Minister Malatsi.

Africa Tech Festival 2026 is structured around six interconnected pillars that reflect the technologies and priorities driving Africa’s digital economy: Telecoms & Connectivity; Data Centres; AI; Cybersecurity; Startups; and Digital Transformation.

Africa Tech Festival is the only forum where leaders from across the tech ecosystem – telecoms operators, hyperscalers and corporate end-users – can come together

Together, these pillars provide a framework for addressing some of the continent’s most pressing priorities, including digital infrastructure expansion, greater connectivity and digital inclusion, responsible AI adoption, stronger data sovereignty and digital trust, and the partnerships and investments needed to unlock Africa’s next wave of innovation and economic growth.

The event will feature dedicated content programmes, executive forums, exhibitions, networking opportunities and investment-focused discussions designed to connect decision-makers from across Africa and around the world.

“It is now clear that this is a defining moment for the ICT sector in Africa. AI adoption is transforming business processes, but it also raises questions around inclusion, data sovereignty and the capacity of digital infrastructure. Africa Tech Festival is the only forum where leaders from across the tech ecosystem – telecoms operators, hyperscalers and corporate end-users – can come together to find the answers,” said David Monaghan, VP, Africa Tech Festival.

As Africa’s digital economy continues to attract global investment and attention, Africa Tech Festival showcases the continent’s capabilities and leadership while connecting African stakeholders with international investors, technology companies and policymakers. Beyond the annual event, it continues to serve as a year-round forum for thought leadership, industry engagement and ecosystem development, helping shape the policies, investments and innovations that are accelerating Africa’s digital transformation.

Register to attend Africa Tech Festival 2026

General registration: https://apo-opa.co/3Sq6goC

For more information, as well as exhibitor and sponsor applications, visit https://AfricaTechFestival.com

Distributed by APO Group on behalf of Africa Tech Festival.

 

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Energy

Cabship Expands Artificial Intelligence (AI)-Driven Logistics, Workforce Development Strategy Ahead of Angola Oil & Gas (AOG) 2026 Sponsorship

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14 hours ago

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June 23, 2026

By

Etu Energias

As Angola’s oil and gas sector evolves, Cabship is expanding its service offering through digital innovation, workforce development and integrated logistics solutions designed to support the next phase of industry growth

LUANDA, Angola, June 22, 2026/APO Group/ –Angolan logistics and maritime services provider Cabship is strengthening its service portfolio to better support the country’s evolving oil and gas sector, while leveraging digital technologies, workforce development and local partnerships to meet growing industry demand. Reflecting its expanding role across Angola’s oil and gas value chain, the company has joined the Angola Oil & Gas (AOG) 2026 conference and exhibition as an Elite Sponsor.

 

Over the years, Cabship has developed into a strategic integrated logistics and support service providers for Angola’s oil and gas industry. The company offers a broad range of solutions spanning shipping, customs clearance, procurement, warehousing, material management, pipe yard operations, freight forwarding, transportation and offshore support services. Building on this foundation, Cabship continues to diversify its capabilities to support increasingly complex upstream and offshore developments across Angola.

The company’s growth strategy has been underpinned by continuous investment in technology and operational efficiency. As Angola’s oil and gas industry embraces digital transformation, Cabship has integrated artificial intelligence and advanced digital tools into its logistics and supply chain operations. These technologies are helping optimize cargo tracking, improve operational planning and enhance the efficiency of project execution, enabling operators and service providers to reduce costs while maintaining reliability across the supply chain.

Alongside technology adoption, Cabship has placed local content development at the center of its long-term strategy. The company signed a partnership agreement with Angola’s National Petroleum Institute (INP), aimed at strengthening training initiatives to prepare young Angolan professionals for careers in the energy sector. The partnership initially benefits 15 individuals from the provinces of Cabinda, Zaire, Bengo and Luanda, with recipients undergoing specialized training in industrial electricity in renewable energies and international welding.

The company has also continued to expand its offshore and marine support capabilities through strategic partnerships, strengthening its ability to provide integrated services for both shallow-water and deepwater operations. These efforts align with Angola’s broader objectives of increasing local participation across the oil and gas value chain while supporting new exploration, development and production projects.

As an Elite Sponsor of AOG 2026 – taking place September 9-10 in Luanda, with a pre-conference day on September 8 – Cabship will join industry leaders, policymakers and investors to discuss the future of Angola’s oil and gas sector. The company’s participation highlights the increasingly important role that logistics, digital innovation and workforce development play in supporting Angola’s next phase of oil and gas growth.

 

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

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Business

Africa Women Innovation and Entrepreneurship Forum (AWIEF) Launches Pitch n Grow 2026 – A Women Entrepreneurship Pitch Competition

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14 hours ago

on

June 23, 2026

By

AWIEF

Selected finalists will pitch live at the AWIEF 2026 Conference in Cape Town, on 10 and 11 November 2026

CAPE TOWN, South Africa, June 22, 2026/APO Group/ –The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (https://www.AWIEForum.org/) announces the launch of Pitch n Grow, a flagship annual women entrepreneurship pitch competition programme for identifying, developing, and amplifying the most promising women-led ventures across all African nations.

 

Selected finalists will pitch live at the AWIEF 2026 Conference in Cape Town, on 10 and 11 November 2026.

Each year, the competition adopts a new strategic theme aligned with AWIEF’s continental priorities. The 2026 theme is “Deep Roots, Digital Futures“.

Africa’s greatest competitive advantage is its depth: deep knowledge of local contexts, deep understanding of communities, and deep experience of challenges the rest of the world is yet to face. This theme challenges women-led ventures to apply deep technology not as an import, but as a tool grown from African soil.

Who Can Apply?
Applications are accepted from women founders and co-founders across Africa who are building ventures in the following priority innovation sectors to solve African development challenges:

  • Artificial Intelligence & Machine Learning
  • AgriTech
  • HealthTech
  • Clean Energy
  • Water Technology
  • Biotech
  • FinTech
  • Cybersecurity
  • EdTech
  • Smart Cities
  • Circular Economy
  • Frontier Technologies

Competition Tracks
Participants can apply to one of three tracks based on their stage of business:

Pre-Venture – Concept-stage ventures with a prototype or proof of concept.
Early-Stage – Registered startups with active customers and revenue generation.
Growth-Stage – Scaling ventures with proven traction and regional expansion.

Benefits and Prizes
Selected participants will gain access to:

  • Expert-led training bootcamps
  • Mentorship from industry leaders, investors, and entrepreneurs
  • Exposure to investors, ecosystem partners, and media
  • An opportunity to pitch live at the AWIEF 2026 Conference in Cape Town
  • Travel and accommodation support for finalists
  • Cash prizes and global recognition

Key Dates

 

  • Applications Open: 22 June 2026
  • Orientation Webinars: 1 – 7 July 2026
  • Application Deadline: 20 July 2026
  • Bootcamp: August 2026
  • Finalists Announced: 20 September 2026
  • Live Finals at AWIEF 2026 Conference, Cape Town, 10 – 11 November 2026

Application Submission
Applications are submitted before 20 July 2026 only through this official link: http://apo-opa.co/4g0iUog

If you are building the future through innovation and technology, this is your opportunity to showcase your venture on one of Africa’s leading platforms for women entrepreneurs.

 

Distributed by APO Group on behalf of Africa Women Innovation and Entrepreneurship Forum (AWIEF).

 

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