Record-breaking number of applications expected as 21,000 entries received three weeks ahead of deadline
KIGALI, Rwanda, April 26, 2023/APO Group/ —
The Africa’s Business Heroes (ABH) (AfricaBusinessHeroes.org) Prize Competition is calling for the participation of business professionals from across Africa as judges of its 2023 edition, as it is on course to be bigger and better this year. With less than three weeks before entries close on May 12, more than 21,000 entrepreneurs from all corners of the continent have already submitted their applications, reflecting a strong interest in the competition.
ABH is a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy. Every year since 2019, ABH conducts a continent-wide search with its partners for the most talented, business-driven entrepreneurs driving inclusive growth and creating a positive impact for their communities. ABH features 10 African entrepreneur finalists each year as they pitch their business to win a share of US$1.5 million in grant money and gain access to unparalleled mentoring, networking and training opportunities. Over a 10-year period, ABH will recognize a total of 100 outstanding African entrepreneurs.
Now in its fifth year, ABH has grown into a truly Pan-African, inclusive, sector-agnostic and grassroots-oriented initiative, which has been positively impacting the continent’s entrepreneurial landscape.
A crucial part of ABH’s success is a group of esteemed judges who not only evaluate but also inspire entrepreneurs broadly. Hundreds of judges at all levels of the competition support and mentor African entrepreneurial talents taking part in the competition each year. Judges of past ABH editions include Omar Cisse, CEO of InTouch SA; Amal Enan, Partner of 500 Global and Founder of The Lotus Collective; Tomi Davies, Collaborator-in-Chief at TVC Labs and Advisor to Fathom; Fatoumata Ba, Founder of Janngo Capital; Fred Swaniker, Founder of African Leadership Academy, among others.
This year, as ABH expects a record-breaking number of applications, the competition is looking to expand its pool of judges to support the contestants further on their ABH journey. Seasoned entrepreneurs, venture capital firms, academics, and business professionals from all sectors are invited to join the ABH community of judges here (https://apo-opa.info/3HbA9AA).
Aside from providing guidance and evaluation for the contestants, judges can also connect with the ABH ecosystem of more than 100,000 stakeholders
“As an ABH judge, I have enjoyed supporting entrepreneurs over the last two years. I’ve learned as much as I have mentored, and I am inspired each time I connect with an ABH entrepreneur. In addition to supporting amazing participants, I have made so many new connections with passionate ABH judges that work all over the continent,” said Akua Nyame-Mensah, Executive Coach and Co-Founder of A.N.M. & Company and CoffeeChat.
Aside from providing guidance and evaluation for the contestants, judges can also connect with the ABH ecosystem of more than 100,000 stakeholders, including investors, entrepreneurs and ABH partners through judge networking sessions hosted by ABH. After completing the judging process, they will be awarded a certificate and featured on ABH’s official website.
ABH is also putting out a special call to entrepreneurs whose countries are still underrepresented – including Morocco, Egypt, Algeria, Tunisia and Libya to apply for this year’s competition and inspire millions of others with their unique stories. The competition is still open for applications (https://apo-opa.info/41MUCo0) in either French or English until May 12, 2023.
Entrepreneurs who are interested in applying or who have registered as applicants now have less than three weeks until May 12, 2023 to complete their applications by submitting the required materials. For more guidance on the application process, visit the ABH official website (https://apo-opa.info/3N9S3aN), or watch a video here (https://apo-opa.info/3n5s8X3).
In addition to the US$1.5 million cash grant, applicants will also gain access to mentoring, networking, and publicity opportunities for their ventures. All applicants have access to training and scaling opportunities across a vast range of business disciplines through webinars, presentations and events, such as the Alibaba Netpreneur Training (https://apo-opa.info/3n8g6wg) program.
The top 50 candidates will be announced in July, the top 20 semi-finalists in August, and the top 10 finalists in September. The return of a large-scale Grand Finale and Summit is slated for November 2023.
Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas
HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.
The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.
Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.
As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.
The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.
Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.
To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.
Supporting Venezuela’s Earthquake Recovery Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.
To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).
Distributed by APO Group on behalf of Energy Capital & Power.
The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility
JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.
The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.
This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development
The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.
Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.
The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.
Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.
Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”
Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).
The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins
HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.
Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.
Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.
At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.
The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.
As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.
Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.
Distributed by APO Group on behalf of Energy Capital & Power.
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