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A Rise in Female Leadership Will Trigger Newfound Economic Growth and Inclusion (By Kelly-Ann Mealia)

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3 years ago

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Female Leadership

While women’s participation in leadership roles globally has been minimal for centuries, a new wave of female leaders promise change, inclusion and overall equality

DAKAR, Senegal, August 12, 2022/APO Group/ — 

By Kelly-Ann Mealia, Chairperson, Energy Capital & Power (www.EnergyCapitalPower.com)

The election of Her Excellency Francia Márquez as Colombia’s first Black Vice President is a testament to the increasing role women play in leadership positions globally, and both the international and African community should support her as she tackles her new role with drive, innovation and a people-centric approach.

While women’s participation in leadership roles globally has been minimal for centuries, a new wave of female leaders promise change, inclusion and overall equality. In June 2022, Colombia elected its first Black Female Vice President, H.E. Francia Márquez, an environmental activist who has emerged as a powerful spokesperson for black Colombians and various marginalized communities. With H.E. Márquez’ election, a new era of equality and inclusion awaits the country, and the African continent and diaspora as well as the international community needs to rally their support, both of her and other female leaders around the world. (https://nbcnews.to/3Ag0avE)    

Driving Equality

For her part, H.E. Márquez has and continues to be a representative of the people of Colombia and her election is considered a historic step towards strengthening equality both in Colombia and globally. As Andes bureau chief for The New York Times (https://nyti.ms/3zKKFu8) Julie Turkewitz stated in an article “the rise of Ms Márquez is significant not only because she is black in a nation where Afro-Colombians are regularly subject to racism and must contend with structural barriers, but because she comes from poverty in a country where economic class so often defines a person’s place in society.” A strong advocate for tackling social disparities, environmental challenges and ineffective policies, H.E. Márquez is an example of what female leaders are capable of, representing an important figurehead both in Colombia and worldwide. Just as H.E. Márquez has done, a number of female leaders around the world are taking up their rightful place at the leadership table.

H.E. Márquez represents someone who has seized opportunities and fought for her role in society

The Rise in African Female Leaders

Africa itself is a global leader in women’s public leadership, with five African countries in the top 20 nations for women’s parliamentary representation, four of which have 45% women representation in cabinets. Like H.E. Márquez will in the coming years, these women have been trailblazers, leading their respective countries through economic, social and health crises, driving socioeconomic growth and development and pioneering initiatives to improve the participation of women economically. Notable examples (https://bit.ly/3dsvr5B) include H.E. Ellen Johnson Sirleaf, Former President of the Republic of Liberia and Founder of the Ellen Johnson Sirleaf Presidential Center for Women and Development; H.E. Sahle-Work Zewde, the fifth President and first woman President of the Federal Democratic Republic of Ethiopia; Aja Fatoumata Jallow-Tambajang, Former Vice President of The Gambia; Saara Kuugongelwa-Amadhila, Prime Minister of Namibia; and H.E. Joyce Banda, Former President of Malawi, among many others.

https://bit.ly/3CjansL

Despite the continent’s progress towards equality in leadership, disparity continues to exist in a number of economic sectors. The energy industry, for example, a sector recognized as the backbone of every economy, shows women accounting for merely 22% of oil and gas employees, with 17% represented in senior and executive roles and only 1% in CEO positions. Therefore, despite progress made, a lot more needs to be done to support women in leadership.

Rallying Global Support

As H.E. Márquez takes on her new position it has become even more prevalent for the African and global community to support her, as well as other women taking on leadership positions. For the African diaspora, H.E. Márquez represents someone who has seized opportunities and fought for her role in society, while for the global African community, she represents the future of leadership. As such, in a world where women have had to and continue to fight for their rightful place at the leadership table, leaders such as H.E. Márquez serve as instrumental figures. However, such support must transcend Colombia’s borders, as women increase their presence in leadership on a global basis.

As the leading investment platform for the African energy sector, Energy Capital & Power (ECP) www.EnergyCapitalPower.com centers each and every one of its large-scale events around rallying support for women in energy and leadership. Dedicated women in energy seminars, networking events and forums emphasize the critical role women continue to play in improving energy access, driving innovative solutions and positioning the African continent as a globally leading energy market. Women led and founded, ECP is focused on helping increase the participation and leadership of women in African energy, thereby rallying the support current and emerging female stakeholders need to thrive.

Despite being Africa-focused, ECP is committed to driving investment in energy on a global basis, and South America is not exempt in this regard. Over the years, South American companies, including Latin American oil and gas company Pluspetrol, have participated in ECP events, driving dialogue and strengthening Africa-global energy relations. In 2022, ECP is eager to improve relations further, inviting South American stakeholders to participate in the company’s 2022 event lineup, https://bit.ly/3SMJXVL and help drive the discussion on women in energy and strengthening female leadership. For both Africa’s and the global economy to thrive, women need to be at the forefront of decision-making, and while H.E. Márquez is not the first female in political leadership worldwide, she most certainly will not be the last.

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

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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2 days ago

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February 6, 2026

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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2 days ago

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February 6, 2026

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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2 days ago

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February 6, 2026

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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