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AfrexInsure Appoints Lesley Ndlovu as New Chief Executive Officer (CEO)

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Afreximbank

By appointing a CEO with deep expertise across global specialty insurance markets, Afreximbank enhances its ability to support trade transactions with robust, locally anchored insurance programs

CAIRO, Egypt, March 16, 2026/APO Group/ –AfrexInsure, the wholly-owned Specialty Insurance Subsidiary of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced the appointment of Lesley Ndlovu as its new Chief Executive Officer, effective 2026, replacing Jonas Mushosho.

 

The appointment comes at a critical inflection point for AfrexInsure as it advances its mission to provide tailored specialty insurance solutions for trade and trade-related investments. As the organization builds momentum in its development, strong executive leadership is essential to guide governance, regulatory compliance, innovation, risk management, and market positioning.

Lesley Ndlovu, a Zimbabwean national, brings to AfrexInsure a distinguished career spanning some of the world’s leading insurance institutions, including AXA Specialty, African Risk Capacity (ARC), and AXIS Capital. His appointment introduces a unique blend of technical expertise, global market insight, and operational leadership precisely forged to support AfrexInsure’s transformation.

Throughout his career, Mr. Ndlovu has led multidisciplinary teams in high-stakes environments where robust governance and disciplined underwriting are fundamental to sustainable performance. At AXA Specialty, he developed market-responsive products addressing complex specialty risk segments, experience that will prove invaluable as AfrexInsure designs differentiated solutions for Africa’s evolving trade landscape.

This strategic leadership appointment marks a pivotal moment in the company’s evolution from its start-up phase into a dynamic scale-up stage, positioning it to deliver enhanced trade and investment risk mitigation solutions across Africa.

Together, we will ensure that AfrexInsure becomes a cornerstone of Africa’s trade ecosystem, supporting the continent’s economic transformation one risk solution at a time

Trade flows across Africa continue to face constraints from limited risk capacity, high insurance costs, and reliance on offshore markets for underwriting and reinsurance. By appointing a CEO with deep expertise across global specialty insurance markets, Afreximbank enhances its ability to support trade transactions with robust, locally anchored insurance programs.

This appointment reinforces AfrexInsure’s strategic role as a critical pillar within the broader Afreximbank Group ecosystem, complementing the array of Afreximbank’s product offerings.

Commenting on his appointment, Lesley Ndlovu, Chief Executive Officer, AfrexInsure said: “I am deeply honoured to assume the role of Chief Executive Officer at AfrexInsure at this transformative juncture in the company’s journey. AfrexInsure represents far more than an insurance subsidiary; it embodies a strategic imperative to address one of Africa’s most persistent trade barriers: the scarcity of sophisticated, well-capitalized risk mitigation solutions anchored on the continent.

“I extend my gratitude to Afreximbank’s leadership and the AfrexInsure Board of Directors for their confidence in this appointment. Together, we will ensure that AfrexInsure becomes a cornerstone of Africa’s trade ecosystem, supporting the continent’s economic transformation one risk solution at a time,” he added.

Speaking on Ndlovu’s appointment, Dr. George Elombi, President and Chairman of the Board of Directors of Afreximbank, stated:

“With a solid track record in speciality insurance and commitment to Africa’s economic transformation, we are confident that Lesley will advance the mandate of AfrexInsure – managing risks associated with trade through local capacity with an aim to retain premiums within the continent.”

Amid global uncertainty and as the continent moves towards processing/value addition and industrialisation, speciality insurance will play a critical role in de-risking strategic investments and attracting capital to sectors critical for Africa’s socio-economic development.

Distributed by APO Group on behalf of Afreximbank.

Energy

Gas Exporting Countries Forum (GECF) Secretary General Joins Invest in African Energy (IAE) 2026 as Investors Eye Africa’s Gas Opportunity

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The Invest in African Energy (IAE) 2026 Forum in Paris gains strategic weight with the scheduled participation of Dr. Philip Mshelbila, the newly appointed Secretary General of the Gas Exporting Countries Forum (GECF). His insight comes at a pivotal juncture for African gas and LNG markets, where energy security concerns, investment flows and global demand dynamics are reshaping the continent’s role in the global energy landscape.

 

Dr. Mshelbila assumed office at the GECF on January 1, 2026, bringing over three decades of gas, LNG and energy value‑chain experience – including senior leadership roles at Nigeria LNG and Atlantic LNG – to the helm of the intergovernmental body that represents major gas producers worldwide.

In its Global Gas Outlook and related analyses, the GECF has projected that Africa could attract up to $115 billion in gas midstream investment between 2031 and 2040, driven largely by LNG and liquefaction spending. The continent is expected to account for nearly a quarter of global liquefaction investments by 2050, with major projects in Mozambique, Nigeria, Senegal-Mauritania and Gabon leading the charge. This frames Africa not only as a resource base for traditional markets, but as a strategic export hub in global gas supply chains.

Those projections align with the region’s real‑time evolution. New LNG developments such as Greater Tortue Ahmeyim on the Senegal–Mauritania maritime border have reached commercial milestones, while Mozambique’s Coral South FLNG and Nigeria’s Train 7 expansion at NLNG support infrastructure highlight growing activity. At the same time, assets in the Rovuma Basin, emerging fields in Tanzania and planned expansions in Egypt’s Zohr and offshore Mediterranean plays signal a broadening base of competitive gas resources across West, East and North Africa.

Beyond export potential, the continent’s domestic gas consumption continues to rise, driven by industrial demand, power generation needs and expanding LNG import infrastructure in markets such as South Africa and Ghana. According to recent market data, Africa’s gas consumption climbed to 183 billion cubic meters in 2025, reflecting year‑on‑year growth and underscoring gas’s growing role in the energy mix.

Mshelbila has also been vocal about the broader socioeconomic dimensions of gas development. He highlighted that more than 600 million Africans still lack access to electricity and an even larger number lack clean cooking solutions, noting that overall energy consumption on the continent must at least triple by 2050 to eliminate energy poverty. For investors, this underscores a dual opportunity: capitalizing on export‑oriented LNG projects while supporting solutions that address chronic domestic shortfalls.

The GECF’s engagement with global forums – from the G20 Energy Transition Working Group to continental leadership dialogues – reinforces its advocacy for gas as both a transitional and long‑term energy source that can support industrialization, electrification and lower‑emission outcomes relative to other fossil fuels.

At IAE 2026, Mshelbila’s participation will give investors a clearer view of how producer coordination, policy alignment and investment frameworks are evolving across Africa’s gas sector. As governments and international partners navigate security risks, financing constraints and regulatory complexities, these dynamics are increasingly shaping how projects move from discovery to development.

With the GECF playing a central role in global gas dialogue, Mshelbila’s perspective will also place African developments within the broader push to diversify global supply chains amid geopolitical shifts and rising demand in Europe and Asia – insights that are directly relevant for investors evaluating new opportunities across the gas value chain.

IAE 2026 (https://apo-opa.co/4bqyp4L) 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.

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Nominations Officially Open for African Energy Awards 2026 – Celebrating Leadership, Innovation and Excellence

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The African Energy Awards are set to take place during African Energy Week: Invest in African Energies in Cape Town, with nomination submissions closing on May 30

CAPE TOWN, South Africa, March 16, 2026/APO Group/ –Nominations for the African Energy Awards are officially open, with entries open until May 30. Taking place during the upcoming African Energy Week (AEW): Invest in African Energies Conference and Exhibition – scheduled for October 12-16, 2026, in Cape Town – the awards celebrate the companies, projects and individuals driving innovation, investment and impact across Africa’s energy landscape.

 

Held as one of the flagship moments of AEW: Invest in African Energies, the awards recognize excellence across the continent’s oil, gas and broader energy value chain. The opening of nominations marks the start of the search for this year’s most outstanding industry leaders and achievements.

Visit www.AECWeek.com to submit your nomination!

“As our industry evolves, it is critical that we recognize the people and organizations making a tangible difference across the continent. We encourage stakeholders from across the sector to submit their nominations and help spotlight the excellence driving African energy forward,” states NJ Ayuk, Executive Chairman, African Energy Chamber.

Mohammed S. Barkindo Lifetime Achievement Award (non-voting category)

The Mohammed S. Barkindo Lifetime Achievement Award – the highest distinction in the industry – celebrates individuals who have made remarkable and lasting contributions to the oil, gas and energy sectors in Africa. The award celebrates the visionary leadership, innovation and profound impact of individuals, recognizing their tireless dedication and unwavering commitment to growth.

Lifetime Achievement Award (non-voting category)

Recognizing an individual whose career has left a lasting mark on Africa’s energy industry, the Lifetime Achievement Award recognizes decades of leadership, dedication and influence in advancing the development of the continent’s energy sector. The recipient has not only played a pivotal role in their respective field, but impacted policy, driven investment and strengthened industry collaboration – leaving a legacy that continues to guide the African energy industry’s growth.

Energy Person of the Year (non-voting category)

The Energy Person of the Year award celebrates an individual who has made significant and impactful contributions to the energy sector. It recognizes exceptional leadership, visionary thinking and a commitment to driving progress and innovation within the industry. The recipient’s efforts have substantially advanced the energy landscape, benefiting both their organization and the broader community.

Exploration & Production Leader of the Year

Recognizing outstanding leadership and innovation in upstream exploration and production, this award honors individuals driving new production and discoveries in Africa’s energy sector. Nominees demonstrate exceptional vision and operational excellence in unlocking the continent’s hydrocarbon potential and new production

Gas Monetization Award

This award recognizes companies and projects revolutionizing gas monetization in Africa to bridge the energy poverty gap. It honors innovative strategies and successful commercialization efforts that demonstrate outstanding leadership in maximizing the value of gas resources.

Deal of the Year

We encourage stakeholders from across the sector to submit their nominations and help spotlight the excellence driving African energy forward

The Deal of the Year award recognizes the most transformative and impactful deal in the energy sector ­– honoring excellence in negotiation, strategic alignment, innovation and collaboration ­– and celebrates deals that drive advancements in energy and economic growth.

International Service Provider of the Year

The International Service Provider of the Year award celebrates an exceptional service provider that has demonstrated outstanding commitment and innovation in supporting Africa’s energy industry. The award honors service providers who have demonstrated a deep understanding of the industry’s challenges and opportunities, offering tailored solutions that drive efficiency, productivity and sustainability in the energy sector.

African Service Provider of the Year

The African Service Provider of the Year recognizes an indigenous firm that has demonstrated excellence in supporting the continent’s energy industry through high-quality services, technical expertise and operational reliability. From enabling project development to strengthening supply chains to enhancing efficiency and driving projects forward, the recipient of the African Service Provider of the Year has demonstrated African expertise in an ever-changing industry.

African Local Content Champion

This award celebrates an organization that has demonstrated exceptional dedication and success in promoting and implementing local content initiatives in Africa’s energy sector. The award recognizes champions who have gone above and beyond to ensure that the benefits of the energy industry are shared equitably, fostering inclusive growth and prosperity across the continent

International Local Content Champion

This International Local Content Champion award honors international companies and partners that have made a significant impact in advancing local content objectives across Africa. The nominated firms have fostered meaningful partnerships, invested in capacity-building programs and empowered local talent and suppliers to support long-term economic growth in the communities where they operate.

Reformer & Change Maker of the Year Award

This award honors a government or public sector entity that has demonstrated exceptional leadership and commitment to reforming the energy sector in Africa. It recognizes the efforts of governments and public sector institutions that have driven change, fostering an enabling environment for energy growth, economic development, and social progress.

CSR Project of the Year

The CSR Project of the Year award recognizes a standout corporate social responsibility initiative within Africa’s energy sector that has delivered measurable social, economic or environmental impact. It honors projects that go beyond compliance to actively uplift communities, support sustainable development and demonstrate a long-term commitment to responsible energy practices.

Media Personality or Agency of the Year

This award acknowledges outstanding achievements in journalism, communication and media coverage within the energy sector. It celebrates individuals or media organizations demonstrating exceptional storytelling, in-depth analysis, and effective communication of energy-related topics to a wide audience.

Technology Innovator of the Year  

The Technology Innovator of the Year celebrates an organization that has introduced groundbreaking technologies which continue to transform the African energy landscape. Through the deployment of solutions that enhance efficiency, sustainability and operational performance across the industry, the recipient has reshaped the sector, supporting the development of a more resilient and future-ready energy ecosystem in Africa.

Distributed by APO Group on behalf of African Energy Chamber.

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Wingu Africa appoints Prasad Acharya as Director of Sales for Tanzania

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Prasad’s appointment reinforces Wingu Africa’s commitment to strengthening its in-country leadership and deepening engagement with enterprises, carriers and technology partners across Tanzania

DAR ES SALAAM, Tanzania, March 16, 2026/APO Group/ –Wingu Africa (www.Wingu.Africa), East Africa’s leading carrier-neutral data centre operator, has appointed Prasad Acharya as Director of Sales for Tanzania. In this role, he will lead the company’s sales organisation in the country and drive commercial growth across the Tanzanian market.

 

Prasad brings more than two decades of experience in the telecommunications and enterprise connectivity sectors, with a strong track record of building and leading high-performing sales teams across complex B2B environments. He has previously held senior commercial leadership roles with leading ISPs and technology companies in Tanzania, where he led enterprise sales and strategic customer engagements.

Tanzania is a key strategic market for Wingu Africa, and we are delighted to welcome Prasad to the team

In his new role, Prasad will focus on strengthening Wingu’s local commercial capability, driving growth across enterprise, carrier and strategic accounts, and expanding adoption of the company’s data centre and digital infrastructure services.

“Tanzania is a key strategic market for Wingu Africa, and we are delighted to welcome Prasad to the team,” said Ralph Vraagom, VP Sales at Wingu Africa. “His extensive experience and strong understanding of the Tanzanian market will play an important role as we continue to expand our presence and support customers with reliable digital infrastructure.”

Commenting on his appointment, Prasad Acharya said: “I am excited to join Wingu Africa at a time when demand for digital infrastructure is growing rapidly across the region. I look forward to working with the team to strengthen client relationships and support organisations in Tanzania with resilient, world-class data centre services.”

Prasad’s appointment reinforces Wingu Africa’s commitment to strengthening its in-country leadership and deepening engagement with enterprises, carriers and technology partners across Tanzania. It also comes as Wingu continues to expand its data centre capacity in the country to support growing demand for secure, carrier-neutral digital infrastructure.

Distributed by APO Group on behalf of Wingu Africa.

 

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