Connect with us
Anglostratits

Business

Afreximbank announces 71 Sponsors of Intra-African Trade Fair 2023

Published

on

Trade Fair

The roll call of IATF2023 sponsors includes four companies in the IATF Official Premier Partner category, two IATF Trade and Investment Partner, one IATF Country Day partner, and 38 IATF Official Partners, among others

CAIRO, Egypt, November 10, 2023/APO Group/ — 

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has released an impressive list of 71 sponsors of the third Intra-African Trade Fair (IATF2023), Africa’s premier trade and investment event, taking place in Cairo from 9 to 15 November.

Positioned as the premier platform for business exchanges in Africa, IATF2023 is drawing on the broad range of programmes and initiatives being implemented by Afreximbank to facilitate intra-African trade and on the promise of the AfCFTA to revolutionise trade, reshape markets across the Africa, boost output in the manufacturing and service sectors and fundamentally transform Africa’s economic structure.

Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, said: “This Intra-African Trade Fair will open the African market to African businesses and will enable us to create investment opportunities and regional value chains beyond anything we have imagined. We are grateful to our sponsors for supporting us in achieving this objective.”

The roll call of IATF2023 sponsors includes four companies in the IATF Official Premier Partner category, two IATF Trade and Investment Partner, one IATF Country Day partner, and 38 IATF Official Partners, among others.

Four IATF Official Premier Partners

The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote. It is the largest conglomerate in West Africa and one of the largest on the African continent. The group employs more than 30,000 people, generating revenue in excess of US$4.1 billion in 2017. Dangote Group is a market leader in Sub-Saharan Africa in Cement Manufacturing, Sugar Milling, Sugar Refining, Flour Milling, Manufacturing of Pasta, Operation of Cement Terminals, Port Operations, Noodles Manufacturing, Packaging Material Production and Salt Refining. www.Dangote.com

Elsewedy Electric creates sustainable projects in energy and infrastructure that enable businesses, communities and regions to thrive. Listed on the Egypt stock exchange since 2006, the hallmarks of our approach are holistic, start-to-finish solutions and an unswerving commitment to excellence. www.ElsewedyElectric.com

Mota Engil is a multinational with activity centred on the construction and management of infrastructure segmented into the areas of engineering and construction (infrastructure, civil construction, other specialities), industrial engineering (mining services), the environment (collection, processing, recovery, waste-to-energy), Mota-Engil Capital (concessions, Mota-Engil ATIV, Mota-Engil Renewing), energy (generation, waste-to-energy, trading), concessions (bridges, highways), Mota-Engil Next (real estate, transformation and innovation). It operates in three continents and 22 countries. www.Mota-Engil.com

Oando Servco Nigeria Limited is part of Oando Plc which is one of Africa’s leading energy solutions providers with a proud heritage and a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. The Oando Group comprises two companies which are leaders in their markets: Oando Energy Resources and Oando Trading. www.OandoPLC.com

Two IATF Trade and Investment Partner,

This Intra-African Trade Fair will open the African market to African businesses and will enable us to create investment opportunities

Atlantic Financial Group provides managed access to all international markets and investment opportunities with offices in Luxembourg, Paris, Geneva, Zurich, Abu Dhabi and Monaco. Its services include wealth management, financial research, structured products, mergers and acquisitions, private equity and real estate. www.Atlantic-Financial.net

Vista Group Holding SA is a financial services holding company focused on contributing to economic and financial inclusion in Africa. Vista Group Holding SA has entered in strategic partnerships with various global financial institutions to drive its growth strategy by focusing on MSME (SME banking, leasing, mesofinance, banking on women), trade and supply chain finance, bancassurance increasing profitability while controlling operating costs and mitigating risks. www.VistaBankGroup.com

IATF Country Day partner

ARISE Integrated Industrial Platforms (Arise IIP) identifies industrial gaps in African countries that unlock value and create new industries in key sectors by creating local transformation, maximizing production, efficiency and cost, which in turn generates local value addition. Tailor-made special economic zones in Gabon, Benin and Togo seek to boost exports, enable the local transformation of raw materials and promote trade. www.ARISEIIP.com

Other Sponsors

NNPC Limited, Union Bank, Access Bank, Orion Oil, African Development Bank, KK Kingdom Nigeria, Export Trading Group (ETG), Hassan Allam, SOMOIL (ETU Energies), International Islamic Trade Finance Corporation (ITFC), Trinity Energy Limited and Bono Energy. 

Others are Great Horn Investment Holdings, Sahara Group, Levene Energy, Development Limited, Guiter, SAMCO Egypt, Oakwood Green Capital Ltd., Fidelity Bank, Pacific Energy Company Limited, Plot Enterprise, UBA, Epe Tasdir Spa /, SAFEX (Algeria), RS Oil & Gas Co. Limited, `Oilserv Limited, Matrix Energy, Lotus Bank, COGEB International, JNPM COMÉRCIO GERAL E REPRESENTAÇÕES and Econet.

Also among the sponsors are Harvest Group of Companies, CORIS Bank International, Scanning Systems, Woodhall Capital, Dorman Long, PAC Holdings, HAVIT INC, Eyrie Energy Limited, UTM FLNG Ltd, NSIA BANQUE Côte d’Ivoire, DPA Industries, FDH Bank PLC, Azikel Group, Bank of Industry, Reserve Bank of Zimbabwe, Banque Misr and Afriland.

Others are Gemcorp, OPAIA GROUP, Liquid Tech Telecommunications (Jersey) Limited/Cassava,Technologies, Sterling Bank, African Energy Chamber, Alfa Services, Petrovision Energy Services, Bureau Veritas, SICOP Industries SA, RAWBANK, Blue, Horn Aviation, DOTT Services, Banque Populaire de Mauritanie, Exodus and and Company, FBC Bank and Samapeche.

IATF2023 is Africa’s largest trade and investment fair. It is projected to attract over 1,600 exhibitors and 35,000 visitors and buyers and to witness the conclusion of US$43 billion of trade and investment deals. It is a must attend event for everyone interested in trade and investments in and across Africa’s single market of 1.4 billion people which has been created by the AfCFTA and which has a combined Gross Domestic Product of over US$3.5 trillion. Attendees at IATF2023 will include buyers, sellers, importers, exporters, investors, manufacturers, captains of industry, senior government ministers, trade finance and advisory specialists, trade and economic organisations, senior executives from corporates and multinationals and innovative entrepreneurs from across Africa and beyond.

For more information about IATF2023 please visit www.IntrAfricanTradeFair.com 

Distributed by APO Group on behalf of Afreximbank.

Energy

High-Level Minister Roundup to Headline African Energy Week 2026

Published

on

African Energy Chamber

African Energy Week 2026 will convene ministers from Algeria, Ghana, Senegal, Zambia and Niger to spotlight oil, gas expansion, reforms and investment opportunities continentwide

CAPE TOWN, South Africa, March 13, 2026/APO Group/ –A high-level ministerial roundup will take center stage at this year’s African Energy Week (AEW) 2026 – taking place in Cape Town from 12–16 October –, convening some of the continent’s most influential energy leaders at a defining moment for Africa’s oil, gas and power sectors. As hydrocarbon expansion converges with accelerating energy transition strategies, the gathering is set to spotlight real-time project execution, regulatory reform and cross-border infrastructure that are actively reshaping Africa’s energy future.

 

Confirmed ministers to date include Algeria’s Minister of Energy and Renewable Energies Mourad Adjal, Ghana’s Minister for Energy and Green Transition Dr. John Abdulai Jinapor, Senegal’s Minister of Energy, Petroleum and Mines Birame Soulèye Diop, Zambia’s Minister of Energy Makozo Chikote and Niger’s Minster of Petroleum Hamadou Tinni.

 

Fresh from a March OPEC+ decision to lift output to 977,000 barrels of oil per day (bpd), Algeria enters AEW 2026 amid a $60 billion sector transformation. The country is also advancing a 500-well exploration drive and accelerating its 1.48 GW “Project of the Century” solar rollout. Gas exports to Europe remains central to the country, supported by hydrogen corridor planning and refinery expansion aimed at boosting capacity to 50 million tons by 2029.

 

Following license extension for Jubilee and TEN to 2040 and the late-2025 restart of the Tema Oil Refinery, Ghana is pushing a $3.5 billion upstream reinvestment plan while settling $500 million in gas arrears. A 1,200 MW state thermal plant and expanded gas processing at Atuabo anchor its gas-to-power shift, alongside a renewed upstream push in the Voltaian Basin.

The participation of these distinguished ministers underscores the scale of opportunity unfolding across Africa’s energy landscape and the urgency of aligning policy with capital

 

Senegal’s delegation comes on the back of strong production momentum, with the Sangomar oil field delivering 36.1 million barrels in 2025, outperforming forecasts, while the Greater Tortue Ahmeyim LNG development ramped up to 2.9 million tons per annum following first gas. Dakar is now prioritizing domestic gas through refinery upgrades at the SAR refinery and preparations for Sangomar Phase 2 to push output beyond 100,000 bpd.

 

Zambia is redefining its power mix after drought-induced hydro shortfalls. New solar capacity – including the 200 MW Chisamba expansion and 136 MW Itimpi Phase 2 – is part of a broader 2,500 MW diversification drive. Cabinet has approved major regional fuel pipelines, while the Energy Single Licensing System fast-tracks approvals. Lusaka targets 10 GW generation by 2030, with solar and wind rising to one-third of supply.

Niger’s presence reflects its emergence as a serious oil exporter, with the fully operational 1,950-km Niger-Benin pipeline now moving up to 90,000 bpd to international markets. Alongside uranium expansion and renewed cooperation with Algeria on upstream assets, Niamey is advancing digital oversight reforms and reinforcing energy sovereignty amid evolving geopolitical dynamics.

 

“The participation of these distinguished ministers underscores the scale of opportunity unfolding across Africa’s energy landscape and the urgency of aligning policy with capital,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Their leadership reflects a continent moving decisively from strategy to execution, creating a platform where investors can engage directly with the policymakers shaping Africa’s next wave of oil, gas and energy growth.”

 

At AEW 2026, this ministerial cohort will be well-positioned to offer investors direct insight into Africa’s most dynamic energy markets – where new barrels, new pipelines and new megawatts are reshaping regional growth trajectories in real time.

Distributed by APO Group on behalf of African Energy Chamber.

Continue Reading

Business

Enlit Africa 2026 Programme: 280+ speakers, African nuclear 2.0, Bruce Whitfield Business Breakfast

Published

on

Enlit Africa

The event, taking place 19-21 May 2026 at the Cape Town International Convention Centre, expects 7,200+ attendees and 250+ exhibitors, making it Africa’s largest gathering of energy and water professionals

CAPE TOWN, South Africa, March 12, 2026/APO Group/ –Enlit Africa (https://apo-opa.co/4cEX08g) has released its full 2026 conference programme, featuring 280+ speakers across 8 specialised tracks including a new African Nuclear 2.0 session covering Koeberg’s 20-year life extension and Ghana’s nuclear vendor selection process.

 

The event, taking place 19-21 May 2026 at the Cape Town International Convention Centre, expects 7,200+ attendees and 250+ exhibitors, making it Africa’s largest gathering of energy and water professionals.

Award-winning business journalist and best-selling author Bruce Whitfield will deliver the opening address at the Project & Investment Network Business Breakfast on 19 May, kicking off three days of strategic sessions, deal-making platforms, and technical masterclasses.

New programme content includes:

African Nuclear 2.0 – A dedicated session examining the transition from planning to execution, featuring:

Koeberg Nuclear Power Station’s successful 20-year life extension (Units 1 and 2 now licensed until 2044/2045)

Ghana’s progression to Phase 3 of its nuclear programme, evaluating US, Chinese, and Russian technology bids

West African Power Pool‘s 10 GW regional nuclear capacity target

Small Modular Reactor (SMR) deployment readiness across African grids

Independent Transmission Projects (ITP) – A new session exploring how private investment is unlocking Africa’s transmission bottleneck, featuring global case studies from India’s PowerGrid and lessons for scaling grid capacity across the continent.

Generation Masterclasses – Five interactive roundtables on gas-to-power, nuclear, hydro power, clean coal, and hydrogen.

AI in Africa’s Power Grid – Examining practical deployment realities, real-time analytics, and predictive maintenance applications already in operation across African utilities.

Conference sessions and technical hub sessions on the expo floor are CPD-accredited by the South African Institute of Electrical Engineers (SAIEE) and the South African Institution of Civil Engineering (SAICE).

Co-located platforms:

Water Security Africa features country playbooks from Namibia (55-year potable reuse programme), Uganda (NRW reduction from 42% to 32%), Cape Town (Day Zero recovery strategies), and sector-specific stewardship sessions with Harmony Gold, Heineken, Mediclinic, and Growthpoint Properties.

Project & Investment Network (P&IN), part of the new Level 2 Executive Experience, connects project developers, investors, African utility CEOs, and DFIs through structured matchmaking, ministerial dialogues, and project briefings. Over the past two years, P&IN has facilitated $3 billion in project pitches.

Utility CEO Forum brings together 35+ confirmed utility CEOs under Chatham House Rule for candid, off-the-record strategic discussions on unbundling, prosumer management, and financial sustainability.

Municipal Forum addresses South African municipalities’ distribution, metering, and revenue challenges, including sessions on NRW management, tariff reform, Cost of Supply studies, and electrifying informal settlements.

Technical Hub sessions on the exhibition floor offer free, CPD-accredited training across Power, Renewable Energy & Storage, and Water tracks, with confirmed speakers from Eskom, ENGIE SA, ACTOM, National Transmission Company South Africa (NTCSA), RenEnergy, and Matla Energy.

Site visits on 22 May include Koeberg Nuclear Power Station and the V&A Waterfront desalination plant.

Pass options:
Free expo pass registration: https://apo-opa.co/4bl2bYu

Free expo passes provide access to 250+ exhibitors and CPD-accredited Technical Hub sessions.

Delegate Pass:
Early bird registration closes 3 April 2026. Delegate passes start at R15,100 (Silver), with P&IN Executive passes at R32,000 including access to the Bruce Whitfield breakfast, Level 2 executive lounge, and investor matchmaking.

Download the full programme: https://apo-opa.co/3NwCble

Register: https://apo-opa.co/4cEX08g

Distributed by APO Group on behalf of VUKA Group.

Continue Reading

Business

Binance Secures Second Major Legal Victory in U.S. Court Under Anti-Terrorism Act in Two Weeks

Published

on

Binance

US Federal Court in Alabama Dismisses All Claims Against Binance in Latest Lawsuit Victory

JOHANNESBURG, South Africa, March 12, 2026/APO Group/ –Binance (www.Binance.com), the world’s largest cryptocurrency exchange, announced today that a U.S. federal court in Alabama has dismissed all claims against the company in a lawsuit alleging violations of the Anti-Terrorism Act (ATA). This marks Binance’s second major legal victory in an  ATA matter within one week, following their victory in the Southern District of New York.

A Full and Complete Legal Victory

In a detailed 19-page ruling, the Court found the plaintiffs’ complaint to be legally and factually deficient. The court’s decision to dismiss every claim across the board represents a decisive legal victory for Binance.

Sanctions compliance and terrorism financing are serious matters of law – they require evidence, legal rigour, and due process

The judge described the filing as a “shotgun pleading.” The complaint failed to clearly specify the claims and improperly grouped all defendants together without distinguishing individual conduct or liability. The ruling also emphasized that the plaintiffs did not meet the basic pleading standard to provide a “short and plain statement” of their claims.

Following the ruling, the court granted the plaintiffs until April 10, 2026, to file an amended complaint addressing the deficiencies identified. However, the judge warned that failure to adequately address these issues would result in dismissal of the entire case.

Building on Momentum and Upholding Legal Integrity

“This decision reinforces our unwavering commitment to protecting Binance and our community from unsubstantiated and bad-faith lawsuits,” shared Eleanor Hughes, General Counsel at Binance. “Sanctions compliance and terrorism financing are serious matters of law – they require evidence, legal rigour, and due process. Courts have now examined these claims on two separate occasions and found them to be without merit. These outcomes speak for themselves. We will not tolerate attempts to misuse the legal system to target our industry, and we remain as committed as ever to transparency, security, and lawful conduct in everything we do”.

This latest decision follows closely on the heels of Binance’s comprehensive victory in New York (https://apo-opa.co/46Xg0ev), where the Court similarly rejected allegations that the company assisted, participated in, or conspired with terrorists. Together, these rulings reflect Binance’s strong resolve to protect its platform and community.

Binance has consistently invested in industry-leading compliance infrastructure, regulatory engagement, and legal governance. The company will continue to vigorously defend itself against any attempts to bring unfounded claims or misrepresent its operations.

Distributed by APO Group on behalf of Binance.

Continue Reading

Trending