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A launchpad for Africa’s tomorrow’ – Lagos ready to lead regional digital transformation revolution, says H.E. Babajide Sanwo-Olu at GITEX NIGERIA

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Held under the patronage of H.E. Bola Ahmed Tinubu GCFR, President of the Federal Republic of Nigeria, GITEX NIGERIA takes place across Abuja and Lagos from 1-4 September

LAGOS, Nigeria, September 4, 2025/APO Group/ —

  • Lagos opened its doors to West Africa’s largest tech, AI and startup event following a high-level Government Leadership & AI Summit in Abuja on Monday
  • The nation’s commercial & innovation capital hosts the GITEX NIGERIA Tech Expo & Future Economy Conference & GITEX NIGERIA Startup Festival from 3-4 September

Following a momentous Monday in Abuja where an acclaimed Government Leadership & AI Summit launched GITEX NIGERIA (https://GITEXNIGERIA.ng/), Lagos has officially opened its doors to West Africa’s largest tech, AI, and startup show.

As local and international guests descended on the nation’s commercial and innovation capital for a potentially future-defining two days, anticipation was high for the conversations shaping Africa’s digital trajectory. From H.E. Babajide Sanwo-Olu, Governor of Lagos State, the message on Wednesday was emphatic: Lagos is ‘a launchpad for Africa’s tomorrow’ – ready to propel Nigeria’s quest for a data-driven government and digitally empowered population.

Held under the patronage of H.E. Bola Ahmed Tinubu GCFR, President of the Federal Republic of Nigeria, GITEX NIGERIA takes place across Abuja and Lagos from 1-4 September. Supported by the Federal Ministry of Communications, Innovation and Digital Economy with the National Information Technology Development Agency (NITDA), the event is endorsed by Lagos State Government and organised by KAOUN International, global producer of GITEX events.

Elaborating on Lagos’s digital economy leadership credentials and quest to harness technological capabilities for the betterment of regional society, H.E. Babajide Sanwo-Olu stated: “Lagos is not just a city for today – it is Africa’s innovation nerve centre and a launchpad for Africa’s tomorrow. At the heart of our efforts to unlock digital transformation possibilities is an unshakeable belief that governance in the 21st century must be digital, inclusive, and data-driven. As Peter Drucker once said, ‘The best way to predict the future is to create it’. Here in Lagos, we are creating that future, building a data-driven government where policy decisions respond to real-time insights and inclusive connectivity empowers every citizen in one of the world’s most vibrant tech ecosystems.”

At the heart of our efforts to unlock digital transformation possibilities is an unshakeable belief that governance in the 21st century must be digital, inclusive, and data-driven

Over two action-packed days, Nigeria’s commercial capital and innovation hub hosts dual showcases across the city: the GITEX NIGERIA Tech Expo & Future Economy Conference at the Eko Hotel Convention Centre, and the GITEX NIGERIA Startup Festival at the Landmark Centre.

Together, these platforms spotlight the immense digital potential of Lagos and the nation – enabling non-tech sectors to accelerate digitalisation roadmaps through enterprise-grade solutions while highlighting a burgeoning startup ecosystem, strong investor confidence, and valuable public-private partnership opportunities.

Addressing GITEX NIGERIA attendees, Hon. Minister Bosun Tijani, Nigeria’s Minister of Communications, Innovation and Digital Economy, emphasised the essential nature of sustained digital economy development, insisting: “The digital economy is not just about mobile apps or platforms; it is about technical efficiency and delivering productivity gains that transform entire sectors. This is why His Excellency President Bola Tinubu GCFR has placed the digital economy at the heart of the Renewed Hope agenda. His vision is very clear – that technology must not only grow GDP but also expand opportunities, reduce inequality, and create shared prosperity for all Nigerians. Under the President’s leadership, Nigeria has embraced the digital economy as a key driver of inclusive growth. We are not building just for elites; we are building for every Nigerian.”

Between 2019 and 2024, Lagos attracted over US$6 billion in foreign tech investment, cementing its position as the epicentre of Africa’s digital growth. The state today hosts hyperscale data centres and extensive fibre connectivity, accounting for more than 70% of Nigeria’s total tech inflows. Already Nigeria’s undisputed innovation hub, Lagos is also home to 23 of the country’s 28 fastest-growing companies, according to the Financial Times.

Reflecting on the significance of GITEX NIGERIA making its way to Lagos, Kashifu Abdullahi, Director-General/CEO of NITDA, said: “The energy is palpable, and the potential is boundless. Nigeria and Lagos in particular are a crucible of innovation, where raw talent meets the unshakeable will to succeed, a factory of unicorns. Lagos is the place where people use talent and come up with solutions without infrastructure. In other places, they use capital infrastructure to fuel innovation, while here, we use our resilience. Because we have no options, and we need to create the solutions. We are ready for it. As a nation, our vision is clear.”

GITEX NIGERIA is West Africa’s largest gathering of technology visionaries, industry leaders, and decision-makers overseeing digital transformation of non-tech sectors. The event also presents Nigeria’s largest and most globally diverse investor programme, facilitating concierge meetings between startups, investors, corporates, industry leaders, and prospective partners.

Discussing the unique value proposition that Lagos presents businesses, Trixie LohMirmand, EVP of Dubai World Trade Centre and CEO of KAOUN International, organisers of GITEX NIGERIA, said: “Lagos is a mega high-speed technology testbed that is dense, diverse, and demanding, where SMEs, startups, and entrepreneurs succeed not by conventional rules but by distinctiveness and necessity-driven innovation. Rising above power outages, currency fluctuations, and maturing infrastructure, they scale faster and endure longer. Survive and thrive in Lagos, and your products and solutions can compete and flourish anywhere around the world.”

The event runs with support from partners AWS, Cisco, the International Finance Corporation (IFC), Kaspersky, Federal Ministry of Art, Culture, Tourism and the Creative Economy; Federal Ministry of Youth Development, and Space42.

For more information, news and updates on GITEX NIGERIA, please visit https://GITEXNIGERIA.ng/.

Distributed by APO Group on behalf of GITEX NIGERIA.

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5 Investment Opportunities Putting Congo Energy & Investment Forum (CEIF) 2027 on the Map for Central Africa

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CEIF 2027 connects investors with Congo’s energy projects and local partners, while providing entry points for commercial opportunities across Central Africa

BRAZZAVILLE, Republic of the Congo, November 2, 2026/APO Group/ –The Republic of Congo’s expanding oil and gas developments are creating new opportunities for investment, engineering contracts and commercial partnerships across the energy value chain. With offshore discoveries, mature-field redevelopment and three million tons per year of LNG capacity, the country is entering a new phase of energy development that requires capital, technology and international partnerships.

 




 
 

The Congo Energy & Investment Forum (CEIF) 2027, taking place June 1-3 in Brazzaville, will serve as the official platform connecting Central African energy decision-makers, operators, investors and service companies. Organized by Energy Capital & Power in collaboration with the Ministry of Hydrocarbons, the forum will bring together public- and private-sector stakeholders to advance investment discussions, facilitate partnerships and connect companies with emerging opportunities across the region.

Connect With Central Africa’s Energy Decision-Makers

CEIF 2027 will provide a platform to engage directly with Congolese authorities, regulators, national energy companies and policymakers shaping the region’s energy investment landscape. Taking place in partnership with the Ministry of Hydrocarbons, the event offers a bridge between the country’s policymakers and public- and private-sector companies. Conversations with decision-makers can help investors understand national development priorities, gain insight into the regulatory environment and identify opportunities for market entry or expansion.

Capitalize on Congo’s Upstream Investment and Production Ambitions

As Congo targets production growth toward 500,000 barrels per day, operators are pursuing new exploration and mature-field redevelopment to increase output. TotalEnergies’ 2026 Moho G discovery could unlock an estimated 100 million barrels of recoverable resources alongside the existing Moho F development, illustrating the potential to connect new discoveries to established offshore infrastructure. Meanwhile, Perenco and Trident Energy are pursuing development and redevelopment opportunities across mature assets, including well reactivation and infrastructure upgrades.

These activities could create opportunities for drilling contractors, engineering firms and production technology providers. CEIF 2027 offers a platform to explore project requirements and investment opportunities across Congo’s upstream sector.

Unlock Opportunities Across LNG, Gas and Power Infrastructure

With LNG exports established and liquefaction capacity reaching three million tons per year in 2026, Congo is looking towards its next phase of gas development. This will depend on sustaining feedgas supplies, connecting additional resources and expanding infrastructure.

Beyond LNG, Congo’s plans to expand electricity generation and improve transmission and distribution infrastructure present opportunities for power developers, equipment suppliers and investors. These priorities create potential opportunities for upstream operators, engineering companies, technology providers and investors interested in gas processing, power generation and distribution. CEIF provides a platform to advance these priorities.

Showcase Solutions and Build Commercial Partnerships at the Exhibition

The CEIF 2027 exhibition will provide a platform for companies to showcase their technologies, equipment and services directly to energy operators, policymakers, investors and potential clients across Central Africa.

Exhibitors will have opportunities to demonstrate solutions, engage with local service providers and identify potential partnerships across drilling, engineering, infrastructure and energy technology. For companies seeking to enter or expand in the region, the exhibition offers a direct route to building commercial relationships, exploring procurement opportunities and positioning their services for upcoming projects.

Access New Projects and Financing Opportunities

Turning project opportunities into investments requires clarity on development priorities, infrastructure requirements and financing structures. CEIF’s discussions will give participants an opportunity to assess the projects shaping Congo’s energy sector and engage with potential commercial and institutional counterparts.

Investors, lenders and project developers can use these exchanges to identify areas where financing, technical expertise or new investment structures may help advance projects across oil and gas, power generation and downstream industries.

Organized by Energy Capital & Power in collaboration with the Ministry of Hydrocarbons, CEIF 2027 will enable candid dialogue, facilitating new investments and deals in the country’s energy sector. For more information, visit www.congoenergyinvestment.com.

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

 




 

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Afreximbank supports Veenocks’ US$145 million project for industrial expansion and regional growth

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PPF-funded studies enabled Veenocks to broaden its medium-term regional growth plans, while a US$81.9 million senior loan supports an expansion expected to triple annual production capacity

CAIRO, Egypt, November 2, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has supported the development and expansion of Veenocks Limited’s porcelain tile manufacturing plant in Sagamu, Ogun State, Nigeria, through its Project Preparation Facility (PPF) and a US$81.9 million senior term loan. The project has a total estimated cost of US$145 million.
 




 

Afreximbank and Veenocks signed a US$2 million project preparation facility agreement in August 2024 to finance technical, commercial, financial, legal, environmental and social studies needed to establish the project’s bankability.

The studies financed through the PPF, complemented by Afreximbank’s pan-African experience, enabled Veenocks to broaden its growth ambitions beyond its primary focus on the Nigerian market. This support informed the company’s plans to pursue regional opportunities over the medium term, with target markets including Togo, Benin, Burkina Faso, Niger, Cameroon, Ghana, Mauritania and Senegal.

The Bank’s US$81.9 million senior term loan supports implementation of the plant’s expansion, providing financing for investment in additional manufacturing capacity. The expansion is expected to increase the plant’s total annual production capacity from 3.3 million to 9.9 million square metres, creating a stronger production base to meet domestic demand and pursue regional opportunities.

Veenocks demonstrates how project preparation, commercial expertise and senior debt financing can support African industrial investment

The existing plant employs more than 200 people directly. The expansion is expected to create an additional 300 direct jobs, alongside indirect employment across raw material supply, logistics and distribution.

The preparation financing has been fully repaid from senior debt, completing the PPF’s funding cycle for Veenocks and replenishing capital to support further projects.

Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development, Afreximbank, said:

“Veenocks demonstrates how project preparation, commercial expertise and senior debt financing can support African industrial investment. The studies financed through Afreximbank’s Project Preparation Facility have helped strengthen the project’s bankability and broaden the company’s regional growth ambitions. Our senior debt financing supports the plant expansion needed to convert those ambitions into increased productive capacity, and stronger foundations for intra-African trade.”

Mrs. Awani added: “Full repayment of the preparation financing ensures capital is available to support more indigenous African investors and projects. This is the PPF’s revolving model in practice: the funds that have been repaid are used to support initiatives that add value to local resources and expand manufacturing.”

Mr. Adebisi Abidemi Adebutu, Group President of R28 Holdings, the parent company of Veenocks Limited, said:

“This investment represents an important step towards our ambition of building a globally competitive manufacturing business in Nigeria, producing world-class tiles to European quality standards and reducing Nigeria’s dependence on imported tiles. The PPF was instrumental in broadening our growth plans and positioning us to penetrate regional markets over the medium term. With Afreximbank’s financing, we can now deliver the expansion phase of this project. The facility will allow us to add value to Nigeria’s raw materials, create quality jobs and increase the supply of our porcelain tiles, manufactured here in Nigeria, to customers at home and across the region. Our vision is to set the global benchmark for quality in tile manufacturing and to become Africa’s first choice for porcelain tiles.”

Distributed by APO Group on behalf of Afreximbank.

 




 

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Energy costs, storage value and industrial competitiveness led Day 2 of C&I Energy + Storage Summit

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Energy security, industrial competitiveness and infrastructure readiness emerged as closely connected priorities, with discussions highlighting what businesses need to turn investment plans into operational gains

JOHANNESBURG, South Africa, November 2, 2026/APO Group/ –How can South African businesses turn energy investment into lower operating costs, stronger resilience and long-term competitiveness? This question drove the second day of VUKA Group’s (https://WeAreVUKA.com/) C&I Energy + Storage Summit in Johannesburg, with discussions examining the commercial value of storage, industrial energy strategies and the infrastructure needed to support Africa’s growing digital economy.

 




  

The programme brought together business leaders, energy specialists, financiers and public-sector representatives to address practical decisions facing commercial and industrial users, alongside the EIUG Conference, Water Security Africa and Data Centre Summit.

Energy security, industrial competitiveness and infrastructure readiness emerged as closely connected priorities, with discussions highlighting what businesses need to turn investment plans into operational gains.

Energy storage featured prominently, with panellists examining how tariff optimisation, peak shaving and renewable energy integration can strengthen its value beyond backup power. The investment case, however, needs to account for battery degradation, warranties and operational risk.

Addressing the attendees, Junaid Munshi, Group Executive: Distribution for Eskom told the audience: “For an industrial business, solar and storage can improve the energy cost position. But the opportunity extends beyond the customer’s electricity bill. Where network capacity is constrained, coordinated battery use may relieve pressure on the infrastructure serving that business and, where proven technically dependable, could defer or reduce grid investment. The asset behind your meter can therefore also become a resource beyond it.”

The asset behind your meter can therefore also become a resource beyond it

The EIUG session “Industrialisation under threat?” put changing electricity consumption under scrutiny, asking whether lower demand reflected efficiency gains or weakening industrial output. Tariffs, investment conditions and industrial growth remained central to the discussion, highlighting the need to assess energy trends against the health of the wider economy.

At the Data Centre Summit, Africa’s AI ambitions brought power availability and infrastructure readiness into focus. Discussions on grid access, wheeling and network investment highlighted the importance of planning digital growth alongside the electricity infrastructure needed to sustain it.

For businesses developing energy projects, public-private engagement sessions explored infrastructure co-investment, municipal coordination and workable wheeling agreements.

Water Security Africa reinforced the wider resource-security challenge through industrial resilience case studies, digital water technologies and lessons from case studies.

Across the discussions, the practical message was consistent: competitive businesses need more than access to technology and capital. They also need reliable infrastructure, workable commercial arrangements and coordinated delivery.

The afternoon programme translated these themes into business decisions. “The C&I energy playbook” drew together insights from across the summit, while the closing “decision clinic” addressed real project challenges, from choosing between onsite solar and wheeled power to sizing batteries and preparing projects for financing. Experts from DBSA, Standard Bank, SustainableDNA and the City of Tshwane contributed practical guidance.

Download the programme to review the full Day 2 agenda and participating speakers: https://apo-opa.co/4eEKq9a

Distributed by APO Group on behalf of VUKA Group.

 




 

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