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From Africa to the World: Landmark Event Presents Circular Economy Solutions for Green Growth, Climate and Biodiversity

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Landmark Event

The WCEF2022 will challenge many shortcomings and destructive consequences of the predominant wasteful linear economy and introduce the concepts and opportunities of the circular economy

KIGALI, Rwanda, November 29, 2022/APO Group/ — 

The 6th World Circular Economy Forum WCEF2022 (www.WCEF2022.com) will take place 6–8 December in Kigali, Rwanda. This year’s forum will focus on how the circular economy can reduce greenhouse gas emissions, support climate change adaptation, safeguard biodiversity and bring benefits to our societies.

One of the world’s leading circular economy events, originating in Finland, WCEF2022 will bring together business leaders, policymakers and experts from Africa and around the world to present circular economy solutions and examine how businesses can seize new opportunities. An online briefing for the media will take place on the eve of the Forum, 5 December 2022.

For the first time on African soil, the World Circular Economy Forum will be a platform for Africa and the world to share lessons to shape more resilient and greener economies.

The WCEF2022 will challenge many shortcomings and destructive consequences of the predominant wasteful linear economy and introduce the concepts and opportunities of the circular economy. Politicians, policymakers, business-leaders, journalists, researchers and the public will learn about the many benefits of circularity.

“As a founding member of the African Circular Economy Alliance we are very pleased to host the World Circular Economy Forum in Rwanda. This is the first time the event is taking place in Africa,” says Rwanda’s Minister of Environment, Dr Jeanne d’Arc Mujawamariya. “The circular economy represents the single greatest opportunity to supercharge green growth and job creation in Africa, and we look forward to sharing Rwanda’s experience and learning from others.”

The WCEF2022 will address a wide range of challenges in the transition from a linear to a more resilient and resource-efficient circular economy including trade, value chains, policy and technology. Circular economy actors and start-ups from the continent will present their business models and share their stories, particularly looking at opportunities for collaboration, growth, job creation and development.

“Transitioning to a circular economy is a way to make our economies wiser, resilient and future-proof”, says Jyrki Katainen, President of Sitra, the Finnish Innovation Fund. “These past years’ tragedies have shown that we are not resilient. The impacts of the pandemic, shifts in the global security environment, energy and food security are exacerbated by a fossil fuel dependent, wasteful and unfair linear economy. Now, we need to challenge the old model and build a new one, fit for today and for the centuries to come – the circular economy. Many solutions are already right in front of us, and we look forward to learning more about circular solutions from Africa in Kigali.”

The circular economy is an alternative to the traditional linear economy (make, use, dispose) in which resources are kept in use for as long as possible, maximum value is extracted from them whilst in use, then materials are recovered and products are reused at the end of their life.

Diverse and home-grown African circular solutions: from agriculture and waste management to the built environment

Under the theme From Africa to the World, the WCEF2022 will present a wide range of circular solutions from Africa and globally for different industries and sectors, with a particular emphasis on harnessing the opportunities to improve livelihoods and end poverty, reduce greenhouse gas emissions, adapt to climate change and safeguard biodiversity. Some examples include:

  • Regenerative agriculture and nature-based solutions that help to mitigate and adapt to the consequences of climate change.
  • A scalable, affordable and sustainable built environment that is based on repurposing, renovation and the use of secondary raw materials.
  • Different circular policies and practices in water management, transport, infrastructure and food security in Africa’s rapidly growing megacities.

In the transition from a linear to a circular economy waste management and recycling are key components and need to be improved and scaled rapidly. Africa already imports vast amounts of electronic and other waste, and with a rapidly growing population, will produce more waste. Circular economy approaches provide solutions for reducing waste by investing into modular product design, reduced packaging, life cycle extensions and product-as-a-service business models where using a product does not require ownership.    

Transitioning to a circular economy is a way to make our economies wiser, resilient and future-proof

Overcoming the challenges of circularity: policies and finance

Africa’s vast natural resources and its young and entrepreneurial population can help it play a lead role in driving the circular economy transition and its contribution to achieving the UN Sustainable Development Goals (SDGs). Yet, two main challenges will need to be overcome: legislation and finance.

First, many existing laws and regulations need to change to allow for more circularity. That is why WCEF2022 will facilitate policy dialogues and knowledge sharing as a circular economy transition requires lawmakers, governments and others to inspire and learn from each other.

Secondly, new financing models for circular businesses are urgently needed. The current capital flows into sustainable businesses and circular ventures are far too low. Circular economy companies need to develop bankable businesses that attract venture capitalists willing to take a risk. Development banks and other institutions can de-risk such investments with grant financing and technical assistance.

These reforms require debate and innovation, which WCEF2022 will help provide.

ACEN is delighted to be co-hosting WCEF2022 as we showcase to the world how circular principles are being applied across Africa. We are looking forward to engaging with delegates to accelerate the transition to a just and inclusive circular economy across the continent,” says Peter Desmond, Co-Founder of the African Circular Economy Network ACEN.

WCEF2022 everywhere: online participation and local live studios in Cameroon, Nigeria, South Africa, Zambia and Rwanda

While the main event will take place in Kigali, Rwanda, stakeholders across Africa will be able to participate in parallel local events. At the WCEF2022 African Studios in Yaoundé, Lagos, Cape Town and Lusaka, participants will tackle specific national and regional challenges related to the shift from a linear to a circular economy. A fifth Studio in Rwanda will reinforce the main Forum in Kigali. In addition, Global Studios will be held in select locations around the globe.

The WCEF2022 Studios will live-stream the main forum’s content, discuss its relevance at a national level and give local experts the opportunity to meet and discuss face-to-face. The WCEF2022 African Studios are organised by ACEN, one of the Forum’s co-hosts.

To ensure easy participation from anywhere around the world, WCEF2022 will livestream all seven sessions of the main forum on 6–7 December free of charge to all registered participants. In addition, WCEF partners will organise more than 25 Accelerator Sessions on 8 December – outcome-oriented events that link WCEF with real action – in Kigali and Africa or online.

The Forum’s agenda is live at www.WCEF2022.com and anyone can register to follow all live-streamed sessions free of charge. Please note that the partner-led Accelerator Sessions require a separate registration.

Online briefing on 5 December

Want to learn more? Representatives of the co-hosts will share their thoughts and answer questions in an online press briefing on the eve of the forum, on 5 December at 15:00 (CAT/EET) / 12:00 (GMT). The briefing will take place on Microsoft Teams.

The speakers of the briefing include:

  • Ntobeko Boyana, Executive and South African Chapter Lead, ACEN
  • Kari Herlevi, Head of Global collaboration unit for sustainability solutions, The Finnish Innovation Fund Sitra
  • Representative from the Ministry of Environment, Rwanda

Attendees are required to register for the briefing by 2 December 16:00 (CAT/EET) / 14:00 (GMT) via www.WCEF2022.com. Registered attendees will be provided with the link to join the Microsoft Teams meeting.

To follow the main forum, interested parties should apply for accreditation at www.WCEF2022.com

Distributed by APO Group on behalf of World Circular Economy Forum

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Ministers among hundreds of energy-sector leaders to attend AOW event

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Sinclair

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors”

CAPE TOWN, South Africa, October 4, 2024/APO Group/ — 

AOW: Investing in African Energy (https://AOWEnergy.com) – Africa’s leading oil, gas and energy event – has confirmed attendance for more than 80 ministers and senior officials, representing African governments, energy departments and regulators at next month’s event.

These influential stakeholders will be among the more than 1 600 senior delegates and industry leaders who will be attending the event to develop policy, share discoveries, secure investment, and shape Africa’s energy future.

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors.”

Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention

Among the officials and government ministers attending will be energy leaders from South Africa, Nigeria, Namibia, Cote d’Ivoire, Mozambique, DRC, Ghana, Kenya, Madagascar, Eswatini, Uganda, CAR, Guinea Conakry, Guinea Bissau, Ethiopia, The Gambia, Gabon, Malawi, Morocco, Zanzibar, Liberia, Senegal, Congo Brazzaville and Sierra Leone.

In addition, the event will feature high-level delegations from numerous national oil companies, as well as multilateral bodies including the African Union, (AU), African Energy Commission (AFREC), African Petroleum Producers’ Organization (APPO) and the Southern African Power Pool (SAPP).

AOW will see these energy leaders networking with C-suite executives and decision-makers from more than 760 top energy companies at daily networking events, to discuss insights, forge new relationships, and negotiate major energy deals.

“We are so excited to see the calibre of delegates at this year’s AOW event,” says Chief Executive Officer of Sankofa Events, Paul Sinclair. “Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention. The high-powered attendance proves AOW is a key platform to enable this intervention.”

Key themes to be discussed at this year’s AOW will be sustainable upstream development; expanding gas value chains; renewables and new energies; adoption of best-in-class technologies; and access to finance.

AOW: Investing in African Energy will culminate in a special anniversary party at Groot Constantia Vineyard to celebrate 30 years of the AOW event.

Distributed by APO Group on behalf of AOW: Investing in African Energy.

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Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos

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PAPSS

The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs

CAIRO, Egypt, October 4, 2024/APO Group/ — 

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos.

We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria

According to the facility agreement signed in on July 22, 2024, Afreximbank will provide the funds in two tranches with the first tranche of US$7.48M going toward capital expenditure for the construction of the factory and the second, totalling US$13.25M to be deployed as working capital for the operations of the factory.

The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs once the factory becomes operational. It is also expected to support about 40 small and medium-sized enterprises.

Commenting on the transaction, Mrs. Kanayo Awani, Executive Vice President, Intra Africa Trade and Export Development, Afreximbank, said that by supporting Starlink Global to establish a modern processing facility, Afreximbank is making it possible for Africa to add value to its agro-commodities, thereby facilitating exports and subsequent inflow of much-needed foreign exchange into the continent.

“We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria. It will contribute to value creation and to the development of the local community while also improving the lots of smallholder farmers and small business suppliers that will work with Starlink across the value chain,” Mrs. Awani added.

Distributed by APO Group on behalf of Afreximbank.

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Sonangol to Lead Decarbonized Oil & Gas (O&G) Development, Says Angolan National Oil Company (NOC) Head

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Sonangol

Participating in an on-stage interview at Angola Oil & Gas 2024, Sonangol CEO Sebastião Gaspar Martins emphasized that oil and gas remains a core focus for the national oil company

LUANDA, Angola, October 3, 2024/APO Group/ — 

Angola’s national oil company Sonangol reiterated its commitment to driving sustainable hydrocarbon development during the Angola Oil & Gas (AOG) conference this week. Speaking during an “In-Conversation with” session, Sonangol CEO Sebastião Gaspar Martins stated that the company will not abandon oil and gas, but rather advance decarbonized oil and gas development.

We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas

By investing in upstream oil and gas production while prioritizing low-carbon projects, Sonangol aims to boost national crude output, while diversifying and decarbonizing the industry. The NOC is focusing efforts on non-associated gas development, as well as alternative energy sources such as solar.

“We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas. Gas produced from Angola LNG will be used for the production of fertilizer and we are evaluating the utilization of gas in the south of the country, linking gas with steel industries. We also have a blue carbon project, linked to the reduction of carbon through the plantation of mangroves. We have one area in Luanda and have identified four additional areas for this,” stated Gaspar Martins.

Sonangol has undergone transformation in recent years: following the creation of the National Oil, Gas & Biofuels Agency (ANPG) in 2019, Sonangol transferred its role as national concessionaire and regulator. This transformation has aimed to make Sonangol more competitive and strengthen its capacity as an upstream operator. Concurrently, the government is partially privatizing the NOC, with privatization set to be complete in 2026. This process will enhance financial capacity, allowing Sonangol to drive new upstream projects forward.

“The transformation of Sonangol started several years ago, when we passed the regulatory, concessionaire role to the ANPG. At the time, we transferred almost 600 employees to the ANPG. After that, Sonangol underwent a restructuring program where we created five core business units from 36 different entities – starting with exploration and production. We want to go public, but we want to do it properly. So, we are currently going through all the processes to do this,” stated Gaspar Martins.

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

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