Connect with us

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.

Business

Sierra Leone’s PDSL to Host Strategic Investor Roundtable at Paris Energy Forum

Published

on

The Petroleum Directorate of Sierra Leone will lead a targeted roundtable at Invest in African Energy 2026, spotlighting upstream potential and cross-regional partnerships

PARIS, France, March 24, 2026/APO Group/ –The Petroleum Directorate of Sierra Leone (PDSL) is set to convene an investor roundtable at Invest in African Energy (IAE) Forum 2026 in Paris, underscoring growing interest in West and North African energy markets and the need for deeper capital engagement across exploration, renewable and offshore services. The session reflects a strategic effort by Sierra Leone to connect its emerging upstream prospects with established operators and project developers as the country moves to unlock the full potential of its emerging oil and gas industry.

 

Sierra Leone is increasingly positioning itself as a frontier oil and gas market with significant offshore potential, and part of the PDSL’s mandate is to catalyze investment interest in its offshore acreage through direct engagement with global capital. Recent data suggest the country holds estimated recoverable resources in the tens of billions of barrels, backed by discoveries and extensive multi‑client seismic datasets that prospective investors are evaluating. The PDSL is actively promoting licensing opportunities and drilling plans, emphasizing fiscal terms and exploration readiness to attract strategic partners.

 

A cornerstone of this strategy is the anticipated launch of the country’s sixth licensing round. Offering a rare early-entry opportunity into a largely untapped deepwater terrain with considerable upside, the upcoming bid round is backed by fresh 3D datasets which de-risk exploration and support new drilling campaigns. Just this month, GeoPartners announced that the final Pre-Stack Time Migration data for its recently acquired 3D multi-client seismic survey in the country was complete and is now available for licensing. The dataset provides a 3D window into the hydrocarbon potential of the underexplored northern Sierra Leone region.

 

Sierra Leone’s licensing drive comes as major operators advance exploration activities. In 2025, Eni signed a Reconnaissance Permit Agreement with the PDSL, securing rights to conduct reconnaissance and technical evaluation activities across offshore blocks G113, G129, G130, G131 and G132. The acreage covers 6,790 square kilometers within Sierra Leone’s territorial waters. Nigeria’s F.A. Oil Limited is pursuing drilling following its award of six offshore blocks through the country’s fifth licensing round in 2023. The company is currently seeking a farm-in partner to advance the project from exploration to production, offering a 40% stake in each of the G Blocks 53, 54, 55, 71, 72 and 73.

 

As these development unfold, the upcoming roundtable at IAE 2026 offers a unique opportunity for operators and policymakers to engage potential investors. The IAE 2026 Forum has become a strategic bridge between African upstream opportunities and global investors, with sessions like the PDSL roundtable designed to foster deeper dialogue and provide clarity on project pipelines and investment prerequisites. Discussions are expected to cover mechanisms for de‑risking exploration activity, optimizing fiscal and contractual frameworks and identifying synergies between hydrocarbon investment and renewable energy commitments.

 

For investors seeking differentiated exposure to African energy markets, the Sierra Leone roundtable represents both a focused exploration of frontier oil potential and a broader conversation about regional infrastructure, partnerships and the evolving demands of energy capital in the years ahead.

 

IAE 2026 (www.Invest-Africa-Energy.com) is an exclusive forum designed to connect African energy markets with global investors, serving as a key platform for deal-making in the lead-up to African Energy Week. Scheduled for April 22–23, 2026, in Paris, the event will provide delegates with two days of in-depth engagement with industry experts, project developers, investors and policymakers. For more information, visit www.Invest-Africa-Energy.com. To sponsor or register as a delegate, please contact sales@energycapitalpower.com

 

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

Continue Reading

Energy

Cape Town Prepares for African Mining Week 2026 as Draft Program Reveals Continent’s Mineral Drive

Published

on

African Mining Week returns for its 2026 edition with an expanded three-day program, bringing together African mining leaders and global partners to shape the future of the continent’s mining sector

CAPE TOWN, South Africa, March 24, 2026/APO Group/ –Global economic trends – from record-breaking commodity prices to intensifying geopolitical competition for resources – are reshaping the strategic importance of Africa’s mineral wealth. As global countries race to secure supply chains for energy transition metals – which are expected to triple by 2030 – Africa is positioning its 30% share of the world’s critical minerals as a key pillar of economic growth. African governments are modernizing mining codes, developing industrial corridors and investing in mineral processing facilities to support local beneficiation, job creation, workforce development and regional mineral markets.

 

Against this backdrop, the upcoming African Mining Week (AMW) Conference & Exhibition – Africa’s premier gathering for mining stakeholders – has launched the draft program for its 2026 edition {https://apo-opa.co/3NneKLj}. Scheduled to take place October 14–16 in Cape Town, the event provides a platform where policymakers, global investors, project operators, technology providers, academia and mining service companies examine Africa’s mining opportunities, challenges and long-term strategic direction.

Under the theme ‘Mining the Future: Unearthing Africa’s Full Mineral Value’, the three-day, multi-track agenda reflects the growing urgency among African markets to strengthen value addition across the mining value chain.

Regional Cooperation and Policy Alignment in Focus

A key feature of the agenda is the Ministerial Forum, where African mining ministers will provide updates on regulatory reforms and policy alignment initiatives aimed at unlocking greater value from the continent’s mineral resources. Discussions will examine how harmonized regulatory frameworks and regional cooperation can accelerate investment flows and strengthen Africa’s position in global mineral supply chains.

The inclusion of regional policy integration reflects a growing continental push to leverage frameworks such as the African Continental Free Trade Area (AfCFTA) to enhance cross-border mineral cooperation and trade.

We are acting to enhance regional integration through frameworks such as the African Mining Vision and the Africa Mineral Strategy Group

“Africa’s integration is not only a political objective but a strategic economic vision,” stated Emmanuel Armah-Kofi Buah, Ghana’s Minister of Lands and Natural Resources, in remarks reported by Energy Capital & Power – organizers of AMW – in February 2026. “Our natural resources require coordinated policies. Isolated legal frameworks cannot fully unlock their value. Through integration and initiatives such as the ECOWAS [Economic Community of West African States] Mining Code and the African Mining Vision, we can build a stronger and more competitive mineral economy.”

Nigeria’s Minister of Solid Minerals Development, Henry Alake, echoed this emphasis on regional cooperation and beneficiation.

“We are acting to enhance regional integration through frameworks such as the African Mining Vision and the Africa Mineral Strategy Group,” he stated. “We must develop mineral corridors that connect resources, infrastructure and markets across the continent. Our goal is not to simply export raw materials, but to develop industrial hubs that create jobs and value across borders.”

Connecting Global Investors with African Opportunities

Strategic roundtables and Country Focus sessions form a key part of the AMW 2026 program, connecting African mining jurisdictions with international partners from the U.S, Europe, the Middle East and China. These sessions will provide African stakeholders with a platform to showcase exploration opportunities and project pipelines across the mining value chain.

Meanwhile, technical workshops and the exhibition floor at AMW 2026 will provide a platform for equipment manufacturers, technology providers and engineering firms to showcase innovations designed to enhance operational performance across mining operations.

By combining high-level policy dialogue with technical expertise and investment matchmaking, AMW 2026 positions itself as a critical marketplace where Africa’s mineral potential converges with global capital, technology and strategic partnerships – helping shape the next phase of growth for the continent’s mining sector.

AMW serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2026 conference from October 12-16 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

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

Continue Reading

Business

Tony Elumelu Foundation Selects Seven North African Entrepreneurs in 2026 Cohort

Published

on

Seven North African entrepreneurs in technology, education, professional services and agriculture selected from 265,000 applications at historic Abuja ceremony

Hope is not just a feeling — it is a system we can build

ABUJA, Nigeria, March 24, 2026/APO Group/ —
  • 7 North African entrepreneurs selected from Morocco, Tunisia and Egypt
  • 51% of the 2026 cohort are women, all selected purely on merit, without any quota in place
  • 3,200 total entrepreneurs selected from 265,000+ applications across 54 African countries
  • USD 5,000 in non-refundable seed capital for each selected entrepreneur
  • Selection conducted independently by Ernst & Young

 

The Tony Elumelu Foundation (TEF) (www.TonyElumeluFoundation.org), the leading philanthropy empowering young African entrepreneurs, announced on Sunday, 22 March 2026 the 12th cohort of the TEF Entrepreneurship Programme at a ceremony held at the Transcorp Hilton, Abuja. The announcement was made by Founder Tony O. Elumelu, C.F.R.

 

Among the 3,200 entrepreneurs selected from 265,000 applications received from all 54 African countries: seven from North Africa. Three from Tunisia, two from Morocco, two from Egypt. Spanning technology, education, professional services and agribusiness, they represent a generation of North African founders building businesses that address the urgent needs of their communities. Their selection, which was conducted independently by Ernst & Young, places them among the most rigorously assessed young entrepreneurs on the continent.

 

This year’s cohort carries a historic signal: 51 percent of the 2026 entrepreneurs are women. They were selected purely on merit, without quota. Across hundreds of thousands of applications, women distinguished themselves through the strength of their ideas, the clarity of their business models and the ambition of their vision.

 

In 2026, the Foundation is empowering a total of 3,200 entrepreneurs across all its entrepreneurship programmes:

 

  • 1,751 entrepreneurs through Heirs Holdings Group: Heirs Energies, Transcorp Power, Transcorp Hotels, and United Capital;
  • 1,049 entrepreneurs in partnership with the European Commission, OACPS, BMZ and GIZ;
  • 100 entrepreneurs in partnership with Sèmè City Development Agency;
  • 100 entrepreneurs in partnership with DEG, the German Development Agency;
  • 100 entrepreneurs in partnership with the IKEA FoundationUNICEF’s Generation Unlimited and the Dutch Government; and
  • 100 entrepreneurs in partnership with UNDP and the Rwandan Ministry of Youth and Arts.

 

 

Each selected Tony Elumelu Entrepreneur will receive USD 5,000 in non-refundable seed capital, access to world-class business management training on TEFConnect, one-on-one mentorship, and entry into a powerful network of investors, partners and fellow entrepreneurs.

 

In his annual letter (https://apo-opa.co/4uOFepM), “A Story of Hope,” Tony O. Elumelu, C.F.R., Founder of the Tony Elumelu Foundation, shared a powerful message to the new cohort:

 

“For a long time, I believed luck was something that simply happened to you. Then I came to understand: luck can be engineered. Opportunity can be democratised. Hope is not just a feeling — it is a system we can build.” — Tony O. Elumelu, C.F.R., Founder, Tony Elumelu Foundation — 2026 Annual Letter

 

The Tony Elumelu Foundation has empowered over 2.5 million young Africans with access to business management training on TEFConnect (https://TEFConnect.com), and disbursed over USD 100 million in seed capital to more than 24,000 selected entrepreneurs.

 

Collectively, these entrepreneurs have generated USD 4.2 billion in revenue and created more than 1.5 million direct and indirect jobs. Through its support for African entrepreneurs, TEF has lifted 2.1 million Africans above the poverty line and positively impacted more than 4 million African households, with 46% of supported entrepreneurs being African women. Eighty percent of TEF-supported businesses survive and scale, against a global average of ten to twenty percent.

 

 

The announcement ceremony was broadcast live in English (https://apo-opa.co/3PWLiML), French (https://apo-opa.co/3PWLiML), Portuguese (https://apo-opa.co/4t4Y7Da) and Arabic (https://apo-opa.co/4bYHlQl).

 

Distributed by APO Group on behalf of The Tony Elumelu Foundation.

 

Continue Reading

Trending

Exit mobile version