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5G Mokki, The African Technology Space Network That Will Impact Global Businesses

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In a media release in May, the network had announced how it intends to deploy its Tech Spaces to connect the African continent to Europe

HELSINKI, Finland, June 17, 2022/APO Group/ — 

In a panel discussion at Aalto University’s 5G Summer School on Thursday, experts from the U.S., Africa and Europe explored the business opportunities that the latest communications and network technology, remote learning, work, and entrepreneurship from Africa can bring to U.S. companies. These are at the same time opportunities for positive impact on African economies. The webinar was organized by Start North, the Finnish technology learning accelerator network.

One prominent theme was how the 5G Mokki Tech Space network can serve international companies. In a media release in May, the network had announced how it intends to deploy its Tech Spaces to connect the African continent to Europe, promoting the learning and adoption of technology, remote work, and entrepreneurship.

In addition to promoting education, jobs, and the economic development of the regions, the network also aims to curb climate change by utilizing the latest technology.

This time, rather than focusing on the African-European connection, the discussion revolved around the possibilities of a Tech Space network for American companies that are keen on taking advantage of new opportunities swiftly. The purpose of this discussion was to highlight the diverse opportunities and benefits of the 5G Mokki Tech Space network for international companies that recruit tens of thousands of people each year and launch hundreds or thousands of innovation and technology projects each year.

‘Mokki’ is derived from the Finnish word ‘mökki’, meaning ‘cottage’. The cottage enables innovative uses of fifth generation (5G) mobile communication technology. Where 5G frequencies and networks are not yet available, Mokki works with previous-generation technologies.

Regardless of the technology it runs on, Mokki already brings knowledge and know-how related to the latest 5G technology and its application in several different areas that are important for each region. Mokki is a catalyst for the development of fixed and 5G networks across Africa, including underserved areas. Investments in fixed networks, the latest mobile technology and green energy, combined with the deployment of Mokkis to accelerate education, work, and other services, is one of the fastest and surest ways to develop regions.

The panel discussion highlighted the many benefits that collaboration with the 5G Mokki Tech Space network offers to international companies.

Professor Leonard Wantchekon from Princeton University cited China and, more broadly, Asia as an example of a region that has boosted business growth and productivity in recent decades. Known for its natural resources and large young population, Africa is the next continent comparable to Asia that will provide businesses with expertise and other resources.

The Covid pandemic has taught us the value of remote learning, work, and entrepreneurship. By taking advantage of the latest technology, new resources can be quickly made available to companies to grow their businesses and promote regional economic development. The 5G Mokki network helps with this.

Professor Wantchekon is also the founder of the African School of Economics with campuses in Nigeria, Ivory Coast and Benin, recruiting students from more than 20 African countries. He argues that 5G Mokki can play a crucial role in supporting research activities and providing cutting-edge teaching materials to studies across campuses.

Professor Marko Nieminen from Aalto University in Finland put forward that the latest network and communications technology, together with new solutions for energy and electricity, open up completely new opportunities to export know-how, work and entrepreneurship, even for underserved rural areas. This will bring more expertise and other resources to businesses.

The 5G Mokki Tech Space network has the enormous potential to serve international and local companies

Professor Nieminen elaborated on hands-on development projects such as in remote villages in Namibia and Zambia, where his research team has built electricity and energy systems as well as internet connections. Villages have rapidly moved to a new level of development. As one of the players in the Start North network, Aalto University is now utilizing the 5G Mokki network for research and education to facilitate and accelerate development.

Dr. Olatundun Adelegan from Nigeria, currently a Visiting Professor at Aalto University, presented research findings on what is slowing down or hindering Africa’s development. She highlighted infrastructure deficiencies, poor learning outcomes, and weak internet connections, youth unemployment and adverse effects of climate change and financial exclusion as hindrances to economic growth. She further explained that a robust information and technology network will lead to innovation in education and entrepreneurship and enhance financial inclusion and adoption of digital financial services and mobile money among rural dwellers as well as facilitating trade.

In addition, strong internet and digital technology will reduce the adverse effects of climate change through the provision of early warning systems on extreme weather events (floods, drought, storms, heat waves); boost agriculture yield with digital information on the onset of rainfall and sensors to monitor soil and plant conditions; minimize post-harvest loss from farm-to-fork; and enhance online nomadic education on adaptation techniques to minimize conflicts between herdsmen and farmers induced by climate change.

A robust information and technology network will contribute significantly to improving sub-Saharan Africa’s ability to create new business and attract international companies and investors.

Mr. Boris Ngala, Founder and CEO of BB Incubator in Douala, Cameroon and one of the co-founders of the 5G Mokki Tech Space network, having spent seven years abroad, returned to his home country with a vision to reduce poverty through technology-driven solutions, entrepreneurial training, and business advice.

When he heard about the 5G Mokki concept and its potential to accelerate the learning and application of new technology for the benefit of the region and its youth, he immediately seized the opportunity and set out to promote a concept that connects young people in Africa to each other and to other continents. Young people who are hungry for knowledge, learning, work, and entrepreneurship will make a significant contribution to the development of local and international business, as long as they are provided with advanced environments for learning, technological development and entrepreneurship.

Mr. Douglas Ogeto, Co-Founder and CEO of Ludique Works, the Pan-African video game publishing company in Nairobi, Kenya, said: “The 5G Mokki Tech Space network has the enormous potential to serve international and local companies, to provide creative-economy and technology-based jobs and promote entrepreneurship based on the learning of the latest technology and hands-on projects that serve local conditions. Furthermore, this is supported by extensive national and international collaboration with universities and companies.”

He is also a recent co-founder of the 5G Mokki Tech Space network. Ludique Works conducts numerous game development and business acceleration programs across Africa each year. The 5G Mokki network significantly improves the business opportunities for game developers.

Atte Leskinen, one of the driving forces behind Start North, the Finnish technology learning accelerator network, and one of the inventors of the 5G Mokki learning and technology environment, told that 5G Mokki is a concept invented by young people themselves and developed together with experienced professionals.

The concept has been tested and developed at an early stage in leading U.S. universities such as Stanford, UCLA, UC Berkeley and USC and has since been developed in cooperation with leading universities and companies in Finland and other Nordic countries.

Mr Leskinen however emphasised that the Mokki is only a tool to accelerate the learning and application of new technology. Most important are its benefits for businesses, young people and the sustainable development of the regions and our planet. Leskinen also welcomes the cooperation with African universities and business incubators and invites U.S. companies such as Microsoft, as well as universities such as Princeton University, to use the network to promote their operations and global sustainability.

The webinar was moderated by Lars Ling, founder of CleanTech Region Impact Group. Mr Ling highlighted his particular interest in developing the new kind of education needed to promote sustainable development in the world.

He ended the panel with the notion that all change starts with a change in an individual’s own behavior.

Distributed by APO Group on behalf of 5G Mokki.

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Morocco’s First Africa’s Business Heroes (ABH) Top Three Finalist is Pioneering Water and Sanitation Solutions

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Africa’s Business Heroes

Her inspiring leadership, technical knowledge and commitment to making a difference have seen her rise as a business leader in the water and sanitation industry

RABAT, Morocco, April 7, 2025/APO Group/ —

In a remarkable milestone for Morocco, Dr. Salma Bougarrani has made history by becoming the first female Moroccan entrepreneur to reach the Top three finalists in the esteemed Africa’s Business Heroes (ABH) www.AfricaBusinessHeroes.org/ Prize Competition. Finishing as the 1st Runner-Up. Dr. Bougarrani, the co-Founder and CEO behind Green Watech (apo-opa.co/4jrjZnv), is not just pushing sanitation forward for the rural communities; she’s also blazing a trail for women entrepreneurs in an industry where females are often not noticed or heard from. Her inspiring leadership, technical knowledge and commitment to making a difference have seen her rise as a business leader in the water and sanitation industry.

The recognition from ABH, the Jack Ma Foundation’s flagship philanthropic program in Africa, aligns with its mission to spotlight and support local talent like Dr. Bougarrani, who are driving positive change in their communities. Over a decade, the program aims to honor 100 African entrepreneurs while providing grant funding, training and broader ecosystem support to foster African entrepreneurship.

Dr. Bougarrani’s journey into the world of water and sanitation began with her firsthand observations of untreated wastewater wreaking havoc in Moroccan villages. Witnessing these difficulties sparked her passion for creating sustainable solutions, leading her to leave the world of academia and pursue a career in entrepreneurship. In 2018, she formed Green Watech to give rural communities access to reasonably priced and energy-efficient sanitation systems. She holds a PhD in Advanced Water Treatment Processes from Med V University and Leipzig University.

Impacting Lives Through Sustainable Innovation

At the centre of Green Watech’s innovation is a groundbreaking soil-based filtration system, which provides the means to treat wastewater for agricultural irrigation. Unlike expensive, energy-hungry technologies, this system is all about being low-maintenance, budget-friendly, and sustainable – perfect for rural communities that often struggle with limited infrastructure. By cutting down the need for fresh water by as much as 70%, Green Watech is transforming the water management landscape in Morocco.

Since its inception, Green Watech has changed the lives of over 30,000 people in 17 Moroccan villages and farms. The company has cleaned more than 200 million litres of wastewater, which helps with water shortages and makes farms more productive. Thanks to Green Watech’s participatory model, local communities actively participate in the process. Villagers are taught how to set up, maintain, and grow sanitation systems through training programs, which promote resilience and sustainability in the long run.

Green Watech’s soil-based filter system also cuts down on the need to use fresh water for crops. It offers a long-lasting, cheap, and easy-to-keep-up answer for people in rural areas. The company plans to grow beyond Morocco in the future. It aims to reach North Africa and other places during the year.

Breaking Down Barriers as an ABH Trailblazer

Dr. Bougarrani’s recognition as the first Moroccan entrepreneur to be placed among the top three finalists in the ABH competition is significant. Her success defies cultural expectations and gender norms in a field where male entrepreneurs predominate. Her accomplishment serves as a role model for aspiring female entrepreneurs throughout Africa and highlights her technical expertise and leadership abilities.

Her work in sustainable water management has gained her worldwide recognition. She has received top honours, including the United Nations Industrial Development Organization (UNIDO) Grand Prize.

The Future of Green Wateche

Dr. Bougarrani plans to put the $150,000 prize back into Green Watech to help it reach more African communities in need. She has an ambitious goal to reach 1 million end-users by 2030.  Her career is an outstanding example of how someone with a strong will and passion can break walls, challenge stereotypes and uplift entire communities.

2025 ABH Applications Are Now Open

African entrepreneurs who want to enter the 2025 edition of the competition and stand a chance to win a share of US$1.5 million can do so at https://AfricaBusinessHeroes.org/en/register.

Distributed by APO Group on behalf of Africa’s Business Heroes (ABH

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African Development Bank and Bank of Africa Tanzania sign $7.5 million facility to boost trade finance

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The facility will support small and medium-sized enterprises (SMEs) and local corporates engaged in the import sector

DAR ES SALAAM, Tanzania, April 7, 2025/APO Group/ –The African Development Bank (www.AfDB.org) and the Bank of Africa Tanzania (BOAT) have signed a $7.5 million trade finance transaction guarantee facility to boost trade finance activities of the Bank of Africa in Tanzania.

Under this facility, the African Development Bank will provide a guarantee of up to 100% to confirming banks against non-payment risks arising from letters of credit and similar trade finance instruments issued by the Bank of Africa Tanzania. The facility will support small and medium-sized enterprises (SMEs) and local corporates engaged in the import sector. The facility aligns with efforts to bolster intra-Africa trade, contributing directly to the objectives of the African Continental Free Trade Area (AfCFTA) (https://AU-AfCFTA.org/).

This partnership strengthens our ability to support businesses across various sectors by providing seamless trade finance solutions

Speaking at the signing event on March 10, 2025, in Dar es Salaam, the Bank’s Country Manager for Tanzania, Patricia Laverley, stressed the importance of the facility in addressing Tanzania’s trade finance needs, saying that given the country’s import requirements, it will aid priority sectors such as trade, agriculture, manufacturing, and energy. “This facility will support trade by enabling BOAT to play a more strategic role in the regional and international market.”

Representing BOAT’s management, Deputy Managing Director Hamza Cherkaoui lauded the strong partnership with the African Development Bank, emphasizing its role in expanding trade finance capabilities across the continent. “This partnership strengthens our ability to support businesses across various sectors by providing seamless trade finance solutions, expanding our confirmation network, and enabling access to top-tier confirming banks,” he said.

The new Trade Guarantee facility aligns with Bank of Africa Tanzania’s strategic priorities and the African Development Bank’s broader objectives, including promoting regional integration, increasing food security, and industrializing Africa. It also supports Tanzania’s Country Strategy paper 2021-2025, which focuses on enhancing the private sector business environment for job creation. It also aligns with the country’s development vision (Vision 2025), which aims to build a strong and resilient economy capable of competing globally.

The signing of the agreement marks a significant milestone in the African Development Bank Group’s direct engagement with Tanzania’s private sector, reinforcing its commitment to strengthening the country’s financial sector and economic development.

Distributed by APO Group on behalf of African Development Bank Group (AfDB

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PAC Capital Limited Named Best Transaction Advisory Firm in Nigeria at the Grand Annual Awards Ceremony 2025

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As part of the PanAfrican Capital Holdings Group, PAC Capital continues to expand its footprint across Africa and globally, with a focus on impact-driven transactions that promote sustainable economic growth

LAGOS, Nigeria, April 7, 2025/APO Group/ –PAC Capital Limited (www.PACCapitalLtd.com), a leading investment banking and advisory firm, is proud to announce its recognition as the Best Transaction Advisory Firm – Nigeria 2025 by the International Business Magazine Awards!

The award celebrates PAC Capital’s consistent track record in structuring and executing high-impact transactions across various sectors, including infrastructure, energy, transport, and financial services. This international recognition highlights the firm’s commitment to excellence, innovation, and delivering value-driven advisory services.

At PAC Capital, we are committed to delivering transformative financial solutions that not only meet but exceed expectations

Humphrey Oriakhi, Managing Director of PAC Capital, expressed his pride and appreciation for the recognition:

“This award is a strong validation of our efforts to lead with insight, integrity, and innovation in the transaction advisory space. We are truly honored to be acknowledged on a global platform. I dedicate this achievement to our clients who trust us with their most strategic decisions and to our team whose dedication fuels our success.”

Bolarinwa Sanni, Executive Director of PAC Capital, emphasized the importance of collaboration and resilience in the firm’s journey:

“Winning this award reflects the strength of our advisory team and the boldness of the clients we serve. At PAC Capital, we are committed to delivering transformative financial solutions that not only meet but exceed expectations. This recognition inspires us to keep pushing boundaries and shaping Africa’s investment landscape.”

As part of the PanAfrican Capital Holdings Group, PAC Capital continues to expand its footprint across Africa and globally, with a focus on impact-driven transactions that promote sustainable economic growth.

Distributed by APO Group on behalf of PAC Capital Limited

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