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Artificial Intelligence Done Right

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How a payroll platform built an AI assistant that its customers can trust

JOHANNESBURG, South Africa, August 26, 2026/APO Group/ –Generative AI can be a powerful business knowledge service, saving considerable time for employees. Yet, concerns grow around AI accuracy and how it handles sensitive information. According to a 2025 KPMG survey (https://apo-opa.co/3UgIjBb), only 46% of company workers trust AI, and that proportion is shrinking, especially since 56% say they are making more mistakes because of AI. 



 

Despite such growing doubts, the technology can be an exceptional information source and time-saver, especially for sensitive, technical, and contextual queries. A South African payroll platform developed these advantages, using AI to provide detailed and contextual information for customer employees and payroll teams.

 

Payroll staff spend considerable amounts of time answering routine questions, such as why someone’s net pay decreased, what amount of taxes they paid, or how much overtime they earned last month. Said staff also have queries around formulas and components, regulations, payroll statuses in different business units, and creating new payroll structures.

 

“Payroll staff juggle a lot of queries,” says Warren van Wyk, Director at Deel Local Payroll, home of the PaySpace payroll platform. “Can generative AI handle those queries while adding real context? We believe it can, but that’s not enough. There has to be trust, accuracy, and oversight. How do we create those things? That was the challenge we set for ourselves.”

 

Building an AI assistant worthy of payroll

 

Generative AI excels at conversing in natural language, changing how we communicate with technology. Already, search engines produce AI-compiled answers that users can expand with follow-up questions.

 

Yet, search answers are relatively simple. An AI that handles payroll queries must meet specific parameters. Van Wyk didn’t want another chatbot that simply responded to keywords. Payroll information is very contextual, and the AI must reflect that. Payroll environments are also full of private information, security limits, and regulations that require strict oversight and privileges.

 

These stipulations define the baseline for a useful generative AI payroll assistant. Thus, the engineers at Deel Local Payroll developed AI Assist, a remarkable assistant that can answer payroll questions tailored to the person asking. Employees get specific answers about their payslips, from what they pay in tax to deductions and overtime.

 

Payroll staff additionally use AI Assist to surface and study specific payroll components and formulas, handle detailed queries, and explore the PaySpace platform’s knowledge base. AI Assist provides answers relevant to an organisation’s payroll setup, such as calculation formulas or listing components sharing specific tax codes. Payroll departments also use AI Assist to understand and exploit the PaySpace system’s features.

 

Building trust in AI

Generative AI done right is changing business for the better

 

However, being helpful is not enough. Generative AI can make mistakes. Firms worry about AI’s access to information. Can someone use AI to learn other people’s salaries? Will the AI unearth forgotten and under-supervised data? What about the current data? Payroll information is incredibly sensitive. What if the AI causes a data leak or embeds that information in its model?

 

Developers understand how crucial it is to answer those concerns and use them as their baseline, says Van Wyk.

 

“We are very conservative with AI Assist’s features, focusing on several important things from the start. We host pre-engagements with our customers to identify specific use cases, and we established several rules. The AI will be native to the platform, not an integration. It will conform to ISO and SOC standards, and it will show a user only what they have authority to access. Nobody can ask AI Assist about other people’s salaries if they don’t have the authority to see those details. If a feature can’t meet those criteria, it goes back onto the shelf.”

 

The team designed AI Assist’s infrastructure to ensure sensitive data doesn’t appear to the wrong user or end up inside an AI’s model. Whenever someone interacts with the AI, it creates a temporary instance on secure Microsoft Azure cloud infrastructure. No data leaves that space, and access to data depends on the user’s profile as determined by the PaySpace platform.

 

To reduce the risk of hallucinations and other mistakes, the system doesn’t rely solely on the AI model. It runs subsystems that handle specific queries and data access, passing information to the AI.

 

“We cannot use our customers’ data to train the model,” says Van Wyk. “Instead, we have systems that curate the right data and hand information to the AI, which then responds to the user. This is very important and has two advantages. It stops data from leaking into the AI model, and it improves answer accuracy because we directly control the mechanisms that link the data with AI Assist.”

 

Intuitive and effective

 

Hype and misconceptions cloud generative AI’s potential. Deel Local Payroll avoids these issues by focusing on the technology’s most obvious value and deliberately slowing its development pace to ensure maximum, focused benefits.

 

“We start from a basic premise: how can generative AI make things easier for our customers, whether they are working on payroll or need answers from payroll. How do we create thoughtful communication that gives them answers they can trust? It’s that simple, but it’s still very difficult to figure out because this is a new technology with many unknowns. So, we move carefully, test thoughtfully, and involve our customers through user engagements and beta testing.”

 

The results are incredible: “It’s amazing; there’s nothing like it. This will change payroll and every aspect of how we engage with business information. Generative AI done right is changing business for the better.”

Distributed by APO Group on behalf of Deel Local Payroll, powered by PaySpace.

 

 



 

Energy

Venezuela Energy Week (VEW) 2027 Deal Room Targets Joint Ventures, Service Agreements and Offtake Partnerships

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Venezuela Energy Week

Register as a commercial partner at Venezuela Energy Week 2027 to connect with Venezuelan operators, projects and strategic energy opportunities

International operators, oilfield service companies and strategic partners are invited to register as commercial partners for the Venezuela Energy Week (VEW) 2027 Deal Room, where companies can pursue joint ventures, service agreements, technology deployments, offtake arrangements and other commercial opportunities.

 




 
 

Taking place February 22–25 at the Simón Bolívar Convention Center in Caracas, the Deal Room will bring international companies into direct discussions with local operators, project developers, asset owners and regional leadership. As international companies re-engage with Venezuela’s oil and gas industry, the platform aims to facilitate project-level discussions and establish commercial relationships spanning upstream development, infrastructure, technology and energy supply.

For international operators and investors, the Deal Room provides an opportunity to identify assets and local counterparties for joint development. Venezuela’s push to increase oil production to 1.3 million barrels per day (bpd) in 2026 and 1.5 million bpd in 2027 is creating potential openings for companies with the technical expertise, operational capacity and financial resources to participate in field rehabilitation, enhanced oil recovery, drilling and production expansion. Partnerships with Venezuelan operators can provide a route to developing assets and sharing project responsibilities.

Recent agreements demonstrate how partnerships have already begun to take shape. In September, Chevron secured expanded development rights in the Orinoco Belt, underpinning plans by its Venezuelan joint ventures to invest more than $7 billion over five years. Eni also signed a 25-year contract with PDVSA to assume operatorship of the Junín 5 heavy-oil field, giving the company responsibility for its technical, financial and commercial development.

Oilfield service companies and technology providers can pursue commercial agreements supporting these activities. Demand spans drilling and workover equipment, artificial lift, engineering, digital production systems, reservoir technologies, power solutions and other services required to restore production and improve the performance of existing infrastructure.

Commercial partnerships are advancing this area. In September, Halliburton signed separate agreements with Eneva and WESCA covering development opportunities, field evaluation and technical planning, while SLB signed a framework agreement with PDVSA in June spanning field development, digital technologies and workforce training.

The commercial opportunity extends beyond upstream operations. Companies can explore technology and service partnerships supporting gas processing and transportation, refinery rehabilitation, power generation, grid infrastructure and energy logistics, creating multiple routes for international suppliers and specialist firms to establish a presence in the market and for Venezuelan companies seeking to strengthen their portfolios.

Recent agreements reflect growing momentum in these areas. In September, GE Vernova signed a strategic alliance with PDVSA to rehabilitate electrical infrastructure serving Venezuela’s oil industry. More recently, Baker Hughes partnered with PDVSA, Venezuelan engineering company Lindsayca and Fulcrum LNG to pursue gas processing, transportation and commercialization projects.

Offtake and supply agreements offer another route for strategic participation. Companies can negotiate arrangements linked to specific oil, gas or refined-product assets, while international trading and downstream partners can explore supply relationships connected to Venezuela’s expanding production and processing capacity. Trading companies Vitol and Trafigura have already secured agreements to purchase and market Venezuelan oil, while international refiners are increasingly pursuing direct supply relationships with PDVSA.

The Deal Room will also provide direct access to the institutions shaping project development and commercial activity, including the Ministry of Hydrocarbons, PDVSA and its operating leadership. These relationships can help companies identify counterparties, clarify project requirements and develop commercial frameworks around specific opportunities.

As international activity accelerates across Venezuela’s energy sector, the Deal Room offers companies a focused setting to identify partners and convert market interest into concrete commercial relationships.

International operators, service companies and strategic partners can register to engage as commercial partners at the Venezuela Energy Week 2027 Deal Room. To engage as a commercial partner email info@venezuelaenergyweek.com or visit https://apo-opa.co/4z16kLV for more information.

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

 

 




 

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Guinea-Bissau Natural Resources Minister to Join Petroguin Delegation at Mauritania, Senegal, The Gambia, Guinea-Bissau, and Guinea-Conakry (MSGBC) 2026

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Etu Energias

The former head of the Senegal-Guinea-Bissau joint zone agency returns to Dakar as Chevron’s arrival and fresh seismic work are lifting interest in Guinea-Bissau’s deepwater

DAKAR, Senegal, October 23, 2026/APO Group/ –Júlio Mamadu Baldé, Guinea-Bissau’s Minister of Natural Resources, will attend MSGBC Oil, Gas & Power 2026 in Dakar at the invitation of Senegal’s Minister of Energy and Petroleum, Dr. El Hadji Abdourahmane Diouf. National oil company Petroguin will accompany him with a delegation of its own, giving the conference a strong Bissau-Guinean presence during the most active period for the country’s offshore in nearly two decades.

 




 
 

Chevron’s entry in November 2025 brought a supermajor into Guinea-Bissau’s deepwater for the first time. The company operates Blocks 5B and 6B with a 90% interest in each, while Petroguin holds the remaining 10%. In April 2026, Petroguin formed a joint venture with Tender Oil & Gas covering Blocks 5C and 6C, with plans for new seismic surveys aimed at advancing the acreage toward exploration drilling.

As a longstanding participant in this important event, it will be a great pleasure for us to attend once again

Apus Energy’s Atum-1X well, spudded on the Sinapa license in September 2024 in roughly 890 meters of water, was Guinea-Bissau’s first deepwater exploration well. The project re-opened the country’s offshore acreage and reignited global interest in Guinea-Bissau’s potential as a producer in the MSGBC region. In the two years since, Petroguin has expanded the data available to explorers. On October 15, at African Energy Week in Cape Town, the company signed an agreement with Norwegian geoscience firm TGS to reprocess more than 11,000 km² of 3D seismic data, with final products expected in the fourth quarter of 2027.

Baldé took office in April 2026 after nearly two decades as Secretary General of the Agence de Gestion et de Coopération (AGC), which oversees the maritime zone jointly administered by Senegal and Guinea-Bissau. “As a longstanding participant in this important event, it will be a great pleasure for us to attend once again,” said Minister Baldé.

In Dakar, Minister Baldé and the Petroguin delegation will join Senegal’s government leadership and the international companies now evaluating acreage across the basin. The conference will also host its inaugural Data Room, offering investors direct access to regional acreage, subsurface data and partnership opportunities, as MSGBC Oil, Gas & Power 2026 positions Guinea-Bissau’s frontier blocks for global investment.

Organized by Energy Capital & Power (ECP), MSGBC Oil, Gas & Power 2026 takes place December 1–3 at the Centre International de Conférences Abdou Diouf in Dakar, under the High Patronage of President Bassirou Diomaye Faye and in partnership with Senegal’s Ministry of Energy and Petroleum. For more information and registration, visit www.MSGBCOilGasandPower.com.

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

 




 

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Côte d’Ivoire’s Poro Power Solar Plant Earns International Awards for Pioneering Africa Finance Corporation-Led Project

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Poro Power

The facility is expected to become Côte d’Ivoire’s largest solar plant when operational in 2027

LONDON, October 23, 2026/APO Group/ –Côte d’Ivoire’s Poro Power solar project has received international recognition for a pioneering investment structure led by Africa Finance Corporation (AFC) (www.AfricaFC.org/), demonstrating how African capital can be mobilised to develop essential infrastructure and accelerate the transition to cleaner energy. The facility is expected to become Côte d’Ivoire’s largest solar plant when operational in 2027.

 



 
 

The project won ESG Green Bond Deal of the Year for Africa at the recent Infra Global ESG Awards 2026 in London, while AFC received ESG Green Bond Arranger of the Year for Africa. The double honours recognise the innovation behind the Poro Power transaction and AFC’s role in structuring and mobilising investment for sustainable infrastructure.

Developed by Ivorian entrepreneurs, the 66-megawatt solar plant is under construction in northern Côte d’Ivoire near the city of Korhogo. It is projected to generate approximately 136 gigawatt-hours (GWh) of electricity annually, meeting the needs of more than 100,000 households and benefiting an estimated half a million people.

Beyond providing homes, public services and businesses with reliable power, the project will help Côte d’Ivoire towards meeting its target of increasing renewable energy’s share of electricity generation to 45% by 2030. The Government of Côte d’Ivoire is enabling projects such as Poro Power through its initiative to encourage local private-sector participation in large-scale renewable energy projects, led by the Ministry of Mines, Petroleum and Energy under Minister Mamadou Sangafowa-Coulibaly.

“These awards are a tremendous recognition for an Ivorian project developed to meet the needs of our own communities,” said Jean-Marc Aie, Chairman and CEO of Poro Power 1 S.A. “Our ambition is not simply to generate clean electricity, but to support businesses, create opportunities and contribute to the development of Côte d’Ivoire. The Ministry’s strategy to empower local private developers to undertake large-scale renewable energy projects, together with AFC’s investment and innovative financing structure, has been instrumental in bringing Poro Power to this stage.”

Poro Power demonstrates that African financial institutions have both the capital and the expertise to finance large-scale renewable energy infrastructure through our own markets

The €65 million financing package, equivalent to approximately FCFA 42.6 billion, was raised through a green bond — an investment instrument that enables institutions to lend money to projects delivering environmental benefits. It was the first project-finance green bond in both Côte d’Ivoire and the West African Economic and Monetary Union (WAEMU), establishing a precedent for French-speaking West Africa, and was led, structured and fully funded by African institutions. The transaction allowed investors to participate in both euros and CFA francs, making it also Côte d’Ivoire’s first dual-currency green bond. Together, these features demonstrate how African financial institutions can mobilise their own capital for major infrastructure projects, using financing structures suited to African markets.

AFC invested €43 million (approximately FCFA 28.2 billion) in February 2026 and acted as anchor investor, lead underwriter and co-arranger. The equivalent of a further €22 million was raised from African investors, including local and regional banks, pension funds, insurance companies and high-net worth investors.

The bond has a 15-year term, a fixed interest rate of 8.75%, and quarterly repayments following a two-year construction grace period. The financing combines the flexibility of a bond with safeguards normally used in project finance, including first-ranking security, dedicated revenue accounts and contractual protections that separate the project’s cash flows from other activities. These measures help protect investors and align repayments with the plant’s expected revenues.

By bringing together AFC’s investment alongside capital from other African institutions through a structure that accommodates both local and international currencies, the transaction offers a potential model for financing further renewable energy and infrastructure projects across the region. Its significance extends beyond Poro Power, providing a practical example of African money financing African projects and a structure that could be replicated across the continent.

“Poro Power demonstrates that African financial institutions have both the capital and the expertise to finance large-scale renewable energy infrastructure through our own markets,” said Sameh Shenouda, Executive Board Member and Chief Investment Officer of AFC. “By combining the protections required for long-term project finance with the flexibility of capital markets, we have created a structure that can attract a broader range of African investors. This is an important model for mobilising the investment needed to expand reliable electricity supply, support industry and accelerate the energy transition across the region.”

Once operational, the plant is projected to avoid approximately 72,000 tonnes of carbon dioxide emissions annually — equivalent to taking around 15,600 petrol-powered cars off the road for a year.

The project includes a commitment to allocate €0.01 for every megawatt-hour of electricity generated towards to initiatives intended to benefit local communities.

Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

 



 

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