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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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SLB commissions new fluids systems plant in Pemba to support Mozambique’s offshore energy development

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10 hours ago

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October 9, 2026

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Mozambique

New facility expands in-country drilling and completion fluids capability, advancing the next phase of SLB’s growth in Mozambique

PEMBA, Mozambique, October 9, 2026/APO Group/ –SLB (NYSE: SLB) (www.SLB.com) announced the opening of a new fluids systems plant in Pemba, Mozambique. The new facility strengthens in-country capacity to prepare, store and deliver drilling and completion fluids for offshore operations, reinforcing the infrastructure needed as Mozambique’s offshore activity grows and its role as a strategic energy hub for East Africa continues to expand.

The commissioning of the plant, also known as a liquid mud plant, coincides with SLB marking 70 years of operations in Mozambique. It reflects the company’s long-term commitment to investing in people, infrastructure and capability that support the country’s long-term offshore energy development plans.

 




  

With an initial storage capacity of 21,000 barrels, the liquid mud plant provides a scalable platform for future growth, supporting multiple customers and rising offshore activity while improving logistics and enhancing operational flexibility.

As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions

“As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions,” said Miguel Baptista, Central, East and Southern Africa, Managing Director, SLB. The new liquid mud plant strengthens local energy infrastructure, expands opportunities for local content development, and enhances our ability to support customers as they deliver some of Africa’s most significant offshore energy resources.”

The liquid mud plant project was delivered with strong local participation and that momentum is expected to continue into operations. During project delivery, more than 100 jobs were created in Pemba with nationals representing 80% of the workforce, reflecting a focus on building local capability.

The project was delivered with a strong focus on safety, operational integrity, and quality, achieving more than 67,000 hours worked without a recordable safety incident.

This key infrastructure strengthens SLB’s ability to support consistent service quality and enhance supply chain readiness for increasing offshore activity across Mozambique, supporting customers execute safely and efficiently while developing local skills and expertise.

Key Points:

  • SLB has commissioned a new fluids system plant in Pemba, expanding in-country drilling and completion fluids capability for offshore operations.
  • With an initial storage capacity of 21,000 barrels, the facility provides a scalable platform to support growing offshore activity in Mozambique.
  • The investment marks the next phase of SLB’s growth in Mozambique, strengthening local capability and supporting long-term offshore energy development.

Distributed by APO Group on behalf of SLB.

 

 




 

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South African Energy Storage Association (SAESA) welcomes 4,600 MW battery storage prioritisation and calls for integrated energy planning

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10 hours ago

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October 9, 2026

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Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply

JOHANNESBURG, South Africa, October 9, 2026/APO Group/ –The South African Energy Storage Association (SAESA) (www.SAESA.org.za) welcomes the prioritisation of 4,600 MW of battery energy storage under the first Integrated Resource Plan (IRP) 2025 Section 34 determination.

 




  

The timing is significant. Recent Integrated Energy Plan (IEP) modelling and assumptions discussions highlighted a fundamental shift that South Africa’s energy planning now needs to capture: we cannot plan the future power system by counting megawatts of generation alone.

We must plan for when energy is available, where it is available, how it moves through a constrained grid and how it is stored and dispatched when the system needs it most.

The announcement reinforces that shift. Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply.

For SAESA, the message for the IEP is clear: storage, flexibility and system services must be modelled as integral components of South Africa’s future electricity architecture, with their contribution considered from the outset of generation planning.

“The IEP must plan the power system we are becoming, not simply model the power system we have inherited,” says SAESA.

The IEP must plan the power system we are becoming, not simply model the power system we have inherited

Partnership with C&I Energy + Storage Summit

SAESA is an association partner of the C&I Energy + Storage Summit, created by VUKA Group, taking place on 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

The summit brings together commercial and industrial energy users, project developers, financiers, regulators and solution providers to explore practical approaches to energy security, procurement and storage deployment.

For businesses assessing how storage can support their operations, the event offers an opportunity to meet SAESA and engage with the wider energy community on the decisions shaping South Africa’s evolving electricity system.

Commercial and industrial energy decision-makers are invited to apply to attend as hosted buyers. Qualifying buyers receive complimentary summit access and curated opportunities to engage with industry partners.

 

Meet SAESA at C&I Energy + Storage Summit: Join the Hosted Buyer Programme

The Hosted Buyer Programme connects commercial and industrial energy decision-makers with solution providers shaping South Africa’s evolving private energy market.

Qualified energy buyers receive complimentary access to the summit and curated engagement with industry partners exploring energy procurement, storage deployment and project development.

Apply for the Hosted Buyer Programme (https://apo-opa.co/4ehLijJ)

Distributed by APO Group on behalf of VUKA Group.

 




 

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Afreximbank welcomes launch of Africa Credit Rating Agency as an important step in strengthening Africa’s financial architecture

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15 hours ago

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October 9, 2026

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Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets

PORT LOUIS, Mauritius, October 8, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding the continent’s capacity to generate credible, independent analysis of African credit risk.

 




 
 

Credit ratings play an important role in determining access to capital, influencing investor perceptions and shaping the cost at which governments, institutions and businesses can finance development. It is therefore essential that assessments of African credit risk are independent, rigorous and evidence-based, while reflecting a complete understanding of the structures, institutions and economic realities being assessed.

The establishment of AfCRA adds an important African-led source of credit opinion to the market. Its value will not be measured by whether it produces more favourable ratings, but by the credibility of its analysis, the quality of its data and transparency of its methodology, and its ability to deepen understanding of African sovereigns, sub-sovereigns and corporate credit.

This is particularly important given that many African issuers remain unrated, while local-currency and sub-sovereign markets continue to have limited rating coverage. Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets.

AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans

Alongside fellow members of the Alliance of African Multilateral Financial Institutions (AAMFI), Afreximbank has consistently maintained that African Multilateral Financial Institutions should be assessed on the basis of their fundamentals, performance, legal frameworks, mandates and operating models. Ensuring that these institutional characteristics are properly understood is essential to achieving informed, balanced and credible assessments of African risk.

Commenting on the uniqueness of the African market, and need for AfCRA’s rating methodology to reflect this, Mr Denys Denya, Senior Executive Vice President, Afreximbank, said: “The rating methodology AfCRA develops must recognise the uniqueness of our environment and its institutional structures. The Agency must set its own standards and not follow those set elsewhere — it must build a unique identity that conforms to an ‘African best practice.”

Highlighting the need for the autonomy of the Africa Credit Rating agency as it takes off, Mr Denya added: “Most importantly, AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans. We must all use it, and in return expect a complete assessment of where we (Africa) stand: the strengths the market has ignored, and the weaknesses we still need to fix.”

AfCRA should therefore be seen as complementary to existing international and regional rating agencies, broadening the range of credible analysis available to investors and issuers while strengthening competition, transparency and analytical capacity within Africa’s credit markets.

As Africa seeks to mobilise the scale of capital required for industrialisation, trade, infrastructure and economic transformation, credible African institutions that improve information, strengthen market confidence and deepen the continent’s financial markets will become increasingly important.

Afreximbank congratulates the African Union, the African Peer Review Mechanism (APRM) and all those involved in bringing AfCRA from concept to launch, and looks forward to the contribution the Agency will make to deeper, more transparent and more efficient African capital markets.

Distributed by APO Group on behalf of Afreximbank.

 




 

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