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META, UNDP, ITC and Others Partner Towards the Afrilabs Annual Gathering 2022

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Afrilabs

The 2022 AAG aims to promote digital skills for inclusion & employment, encourage entrepreneurship and startups through legislation

ABUJA, Nigeria, October 16, 2022/APO Group/ — 

Several top players in Africa’s innovation ecosystem have pledged their commitments to be part of the 7th AfriLabs (https://AfriLabs.com) Annual Gathering (AAG), scheduled to take place in Lusaka, Zambia from the 26th to the 28th of October, 2022 with the theme, “Intra-Africa Connectivity, Collaboration and Innovation”.

These partners include: Mozilla, GIZ Make-IT, Africa Union, GIZ-AU, International Trade Centre (ITC), Venture Capitalists for Africa (VC4A), Wylde International, Zanaco Plc., Flourish Ventures, Briter Bridges, Africa Business Heroes (ABH) and GIZ-PAU. Others include Agence Francaise de Developpement (AFD), Accelerated Growth for SMEs (AGS),  United  Nations  Development  Program  (UNDP),  Intel,  Emirates  Airlines, Ethiopian Airlines, Liquid Intelligent Technologies, Meta (Facebook) and Brienze and Lloyds Aviation. The mass media is not left behind as TechCabal and Radio Phoenix have also signed up as press partners.

According to AfriLabs Executive Director, Anna Ekelodo, “Africa’s innovation ecosystem is at a critical stage of development and in order to facilitate the progression into the next stage, relevant stakeholders need to be deliberate and strategic with collaborative efforts within and across the continent. At AfriLabs, we are always delighted to work with new and existing partners in our commitment to enabling a thriving innovation and entrepreneurship ecosystem in Africa, powered by our community.”

Matthias Rehfeld, Head of program, Make-IT in Africa stated the following about their participation at this year’s AAG, “Only collective action and joint investment can challenge the gaps, barriers and protectionism that stand in the way of African innovation. Make-IT in Africa is delighted to collaborate with partners like AfriLabs who believe in the power and work towards truly interconnected pan-African innovation ecosystems. With our support to this year’s Gathering, we wish to underline the central role of women in strengthening environments where innovation can thrive – not only, but especially when it comes to leadership – and advocate for intra-Africa collaboration and connectivity that taps into the female powerhouse.”

Also, Chris Odongo, CEO Wylde International stated that, “Wylde International ltd is very glad to be here to participate in the AfriLabs Annual Gathering in Lusaka, Zambia. We are delighted to share with hubs across Africa a data backed process that they can use to achieve entrepreneurship support success. The process is called “SCALE” and has been used by organisations all over the world delivering growth to the enterprises connected to their hubs.”

AfriLabs has created a digital platform that unites all the stakeholders in Africa’s innovation ecosystem under one umbrella

The AAG is the flagship event of AfriLabs, the largest network of technology and innovation hubs in Africa, and this year, will feature panel sessions, an ecosystem tour and a MetGala night among other activities. All these are geared towards sparking connectivity and collaboration among key innovation leaders from all over the continent. AfriLabs will also be launching several new initiatives birthed from the network. As a thought leadership organisation and a convening platform to accelerate innovation in Africa, AfriLabs has successfully put together a white paper that outlines ten innovation policy areas for African Governments to contemplate. The proposed policy pathways which will be launched during the 2022 AAG aims to promote digital skills for inclusion & employment, encourage entrepreneurship and startups through legislation, and create an enabling environment to attract investments among other objectives. The AfriLabs Policy Pathways highlight the voices of innovators, entrepreneurs, hubs and other stakeholders across Africa on what innovation policy priorities should be.

Furthermore, AfriLabs has reached new heights on the journey of digital transformation. Based on its 10-year growth and transformation strategy, AfriLabs has created a digital platform that unites all the stakeholders in Africa’s innovation ecosystem under one umbrella. The platform, AfriConnect, will be one place with the ability for Startups, Hubs, Corporates, Government Agencies, NGOs and other ecosystem stakeholders to connect, network, collaborate, learn, share and transact. In the future, this will transform into a marketplace, intending to bridge the divide between African communities, the technology & innovation ecosystem, and trade & research while fostering accredited information sharing.

Arjuna Costa, Managing Partner at Flourish Ventures commented, “We are thrilled to be sponsoring such a distinguished and influential event in the African tech space. AfriLabs, which focuses on building a community and empowering tech founders and entrepreneurs across all of the rapidly emerging tech hubs in Africa, fits perfectly with the ideology of our new Africa-focused pre-seed investment program. We appreciate the role that institutions such as AfriLabs play in encouraging innovative solutions to boost Africa’s burgeoning entrepreneurial spirit, and we are looking forward to partnering and helping accelerate AfriLabs’ ongoing impact.”

Alice Munyua, Senior Director, Africa Innovation and public policy program – Mozilla, stated that, “At Mozilla, our mission is to promote openness, innovation and opportunity on the web, ensuring that the Internet is a global public resource, open and accessible to all. We are excited to be part of the AfriLabs Gathering as we connect with startups, entrepreneurs, and other players within the tech ecosystem on the continent. Through one of our programmes, Lean Data Practices, we will be exploring privacy and good data management with the aim of boosting startup and entrepreneurs’ capacity on security and data governance.”

Commenting on partnering with AfriLabs, Zanaco Plc Head Client Solutions, Marketing and Corporate Communications Chanda Katongo said, “Zanaco Plc is pleased to partner with AfriLabs at this year’s Annual Gathering. As an organisation driving a digital first strategy, we believe that partnerships such as this and our presence at the Afrilabs Annual Gathering will support in accelerating our digital drive”.

Milou Van Bruggen, Associate Programme Officer (JPO) – Tech Sector Development Africa, International Trade Centre – United Nations stated that, “ITC is excited to participate in the 2022 AfriLabs Annual Gathering at Lusaka. Under the FastTrackTech Africa project, which now falls under ITC’s new Switch ON initiative, ITC has done a lot of work supporting the tech entrepreneurship ecosystem in 7 Sub-saharan African countries – one of which is Zambia – over the past few years. In our work, we partner with and assist many business support organisations with a focus on tech hubs as they are the spill of the tech entrepreneurship ecosystems in Africa. We are supporting tech hub managers from Ghana, Ethiopia, Senegal and Uganda to come to Lusaka for the Gathering and host a workshop on the Tech Entrepreneurship ecosystem drivers in Zambia. We are looking forward to being part of this great impactful event!”

Don’t miss out on the rich content scheduled for the AAG2022. Register at https://AfriLabs.com today and plan to attend in-person or virtually.

Distributed by APO Group on behalf of AfriLabs.

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Congo Is Turning Reserves into Bankable Projects – and the Investment Window Is Opening

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Etu Energias

Eni-led LNG expansion and ongoing deepwater investment are pushing the Republic of Congo’s energy sector toward more bankable projects ahead of the Congo Energy & Investment Forum 2027

BRAZZAVILLE, Congo (Republic of the), June 23, 2026/APO Group/ –With LNG exports set to triple to 3 mtpa, upstream oil production targeting 500,000 bpd and a renewed push on local content, the Republic of Congo is positioning itself as one of Central Africa’s most investable hydrocarbon markets. Under the leadership of the newly-appointed Minister of Hydrocarbons, Stev Simplice Onanga, the country is prioritizing industry growth by balancing local content with reserve replacement and project advancement.

 

What sets Congo apart is not the scale of its reserves, but the pace at which those reserves are being turned into commercially viable projects. From Eni’s LNG expansion and TotalEnergies’ deepwater developments to brownfield optimization by Trident Energy and output growth at Ammat Global Resources, capital is flowing into projects with clearer monetization pathways and nearer-term returns.

Ahead of the Congo Energy & Investment Forum (CEIF) 2027 – the country’s leading platform for energy investment and partnerships – the story is shifting away from frontier potential toward bankable projects already under development.

Policy Reform Is De-Risking Investment

Congo’s investment case is being reshaped by the alignment of resource base, regulatory reform and project delivery. Established oil production, expanding LNG capacity and fiscal adjustments are gradually reducing above-ground risk.

Recent reforms led by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo have added structure to the sector. The Gas Code, introduced in October 2025, formalizes fiscal terms for gas commercialization, while the Gas Master Plan prioritizes flaring reduction and gas-to-power deployment, targeting 1,500 MW by 2030.

A new upstream licensing round is also under consideration, aimed at attracting fresh capital into both mature and frontier acreage. Together, these measures are improving visibility across upstream, midstream and downstream segments, with recent project activity reinforcing the shift.

The Projects Driving the Next Cycle

Deepwater oil remains central to Congo’s production outlook, with operators progressing both new developments and brownfield optimization. TotalEnergies is advancing work at the Moho licence following the April 2026 Moho G discovery, backed by a $500–$600 million infill drilling program targeting about 40,000 bpd in incremental output.

Local independent Ammat Global Resources is targeting 70% production growth from its Loango and Zatchi fields, where reactivated wells and upgraded platforms have already lifted output by 75%. Perenco continues steady gains, adding roughly 6,000 bpd through its 2025–2026 drilling program.

Trident Energy, after acquiring an 85% working interest in the Nkossa and Nsoko II assets in 2025, is focused on extending field life through subsea optimization and redevelopment work.

While oil continues to anchor revenues, gas is rapidly emerging as Congo’s fastest-growing segment. Eni’s Congo LNG project delivered its first cargo from Phase 2 in February 2026, following the startup of the Nguya FLNG unit in December 2025. Together with Tango FLNG, capacity has risen from 0.6 mtpa to 3 mtpa. Trident Energy has also proposed an FLNG project aimed at adding further capacity across the country’s gas market. The project is expected to operate as shared infrastructure, allowing multiple operators to process gas from their respective fields. This creates an outlet for associated gas that might otherwise be stranded, supporting the country’s broader diversification goals.

Local Content Is Reshaping Investment Terms

Beyond upstream policy, Minister Onanga has positioned local content as a central pillar of Congo’s investment framework, and a key determinant of how capital is structured and deployed.

Decrees 2019-342, 343, 344 and 345 set requirements around subcontracting, workforce localization and training commitments, with the effect being a gradual shift in how projects are structured and how partnerships are formed. Operators are increasingly assessed not only on technical delivery but on in-country value creation, including partnerships with local firms and skills development. Logistics, maintenance and other service areas are increasingly channeled through domestic providers.

At CEIF 2027 – taking place June 1–3 in Brazzaville – attention will shift to what is moving forward and to the investors positioned to take part in that pipeline. Congo’s energy sector is no longer defined by potential alone: projects are moving, capital is being committed and policy is starting to catch up with activity on the ground.

As the Republic of Congo moves from reserves to revenue, the signal to investors is clear: this is already unfolding, not a future opportunity.

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

 

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Afreximbank secures double honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards for excellence in strategic communications

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The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event

CAIRO, Egypt, June 23, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been recognised with two prestigious honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards, one of the world’s most prestigious awards programmes for strategic communications.

 

The Bank received an Award of Excellence in Special and Experiential Events category for the Intra-African Trade Fair 2025 (IATF2025) held in Algiers, Algeria and an Award of Merit in the Social Media category for its Afreximbank Social Media Campaigns, reaffirming Afreximbank’s commitment to delivering impactful communications that advance its mandate of promoting trade, investment and industrialisation across Africa and the Caribbean.

We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communication

The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event. IATF2025 brought together governments, businesses, investors, buyers, sellers and entrepreneurs from across Africa and beyond, creating a platform for trade and investment opportunities while advancing the objectives of the African Continental Free Trade Area (AfCFTA). The communications campaign played a pivotal role in driving global awareness, stakeholder participation, media visibility and engagement before, during and after the event, while showcasing the scale, ambition and dynamism of African enterprise and reinforcing a positive narrative about Africa’s capacity to trade, industrialise and compete on the global stage. Over 120,000 delegates attended IATF2025 in person and virtually, with deals worth over US$50 billion recorded.

The Award of Merit for Afreximbank Social Media Campaigns recognises the Bank’s strategic use of digital platforms to engage stakeholders, amplify its developmental impact and elevate conversations around trade, industrialisation, economic integration and investment opportunities across Africa and the Caribbean. Through a combination of compelling storytelling, thought leadership content, executive advocacy, multimedia production and real-time event coverage, Afreximbank’s social media platforms have continued to expand their reach and influence among policymakers, businesses, investors, development partners and the wider public. Among these platforms is the Afreximbank TV, a digital TV channel that is wholly owned and managed by Afreximbank, whose fifth edition was celebrated with dedicated coverage of IATF2025, providing live coverage of the activities to both pan African and global audiences.

Anne Ezeh, Director & Global Head, Communications and Events at Afreximbank commented: “We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communications. As a pan African multilateral financial institution, we see storytelling as a powerful tool for advancing our mission — ensuring our initiatives, events, programmes and key announcements not only inform, but also inspire confidence, deepen engagement and amplify Africa’s transformation. These awards reinforce our resolve to continue delivering world-class communications that elevate African voices and projects a bold and authoritative narrative of the continent.”

Ms. Ezeh added that through innovative storytelling, digital engagement and integrated campaigns, the Bank will continue to amplify the impact of its programmes and partnerships  to project a more authentic narrative of Africa, one defined by opportunity, innovation, resilience and growing influence in the global economy.

For more than five decades, the IABC Gold Quill Awards have recognised excellence in strategic communications globally, celebrating programmes and campaigns that demonstrate measurable impact, innovation, creativity and outstanding execution. Widely regarded as the pinnacle of achievement in the communications profession, the awards are judged through a rigorous and independent evaluation process conducted by experienced communication leaders from around the world.

Distributed by APO Group on behalf of Afreximbank.

 

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Islamic Development Bank (IsDB) Institute Unveils 2025 Annual Report During Group Annual Meetings in Baku

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In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) has released its 2025 Annual Report during the 2026 IsDB Group Annual Meetings held in Baku, Azerbaijan, showcasing a year of expanded impact in Islamic finance transformation, innovative solutions, and capacity development.

 

The report highlights how IsDBI strengthened its role as a global knowledge leader by advancing innovative solutions and scaling support to Member Countries through knowledge-based interventions, Islamic finance grants, and strategic partnerships.

In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million, supporting countries in strengthening regulatory frameworks and promoting inclusive financial systems.

Since 2013, the Institute’s interventions in this regard have reached over US$27.57 million across 181 projects benefiting more than 34 countries, underlining its sustained contribution to development outcomes across the Islamic world.

I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem

The Annual Report highlights major progress in IsDBI’s three flagship transformative projects, namely Awqāf Free Zones, Digital Postal Islamic Financial Services, and Smart Countertrade System, which have all advanced to pilot-ready stages. These initiatives aim to address global challenges such as financial inclusion, food and energy security, and trade resilience.

Furthermore, the Institute accelerated its focus on digital innovation in Islamic finance, enhancing its Islamic Finance Artificial Intelligence Assistant (IFAA) and hosting its first AI Hackathon on Islamic Finance, engaging more than 40 teams in developing cutting-edge solutions aligned with industry standards.

Human capital development in Islamic finance also remained a cornerstone of IsDBI’s work in 2025, with the delivery of over 20 training programs reaching around 500 professionals across Member Countries. A key achievement in this area was the Entrepreneurial Mindset Development Program, a flagship initiative equipping emerging leaders from 20 countries with innovation-driven and values-based entrepreneurship skills. The program was designed and implemented in collaboration with Prince Mohammed Bin Salman College of Business and Entrepreneurship, Saudi Arabia.

The Institute also strengthened its thought leadership through flagship publications, global partnerships, and digital engagement, reinforcing its position as a leading voice in Islamic economics and finance.

Commenting on the issuance of the Annual Report, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said: “I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem by bridging knowledge creation, building human capital, and designing innovative solutions to address economic challenges.”

The 2025 Annual Report is accessible on IsDBI website here (https://isdbinstitute.org/product/isdbi-annual-report-2025/).

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

 

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