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Africa and Europe’s top business and public sector leaders gather to chart Africa’s economic rebirth

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economic relationships

The event is the annual flagship forum in the African Continent of The European House – Ambrosetti

JOHANNESBURG, South Africa, November 8, 2022/APO Group/ — 

Top African and European business leaders will be meeting in Johannesburg on 10-11 November to discuss strategic economic relationships and explore joint investment opportunities in target sectors at the 9th “Southern Africa Europe CEO Dialogue”.

The event is the annual flagship forum in the African Continent of The European House – Ambrosetti (no. 1 private Think Tank in Italy, no.4 in Europe and among the top 20 globally), organized in collaboration with the Gauteng Province, GGDA and a selection of international public and private players, such as Aspen, Brand SA, CLN-MA, DBSA, DHL Express, Finstone, BBM Law, Italian Agency for Development and Cooperation, Italian Trade Agency, Italtile, Musina-Makhado Special Economic Zone, Qatar Airways, Rome Expo 2030 Nomination Committee and Sisal.

150 CEOs will be in attendance and among the confirmed speakers we are pleased to mention: Enoch Godongwana, Minister of Finance, South Africa; Gwede Mantashe, Minister of Energy and Minerals Resources, South Africa; Ronald Lamola, Minister of Justice and Correctional Services, South Africa;  Panyaza Lesufi, Premier of Gauteng Province; Trevor Manuel, Chairman, Old Mutual; Mpho Phalatse, Executive Mayor, City of Johannesburg; Andreas Brand, CEO and Executive Director: Manufacturing, Mercedes-Benz South Africa; Precious Moloi-Motsepe, CEO, Africa Fashion International; Jeffrey Sachs, Professor, Columbia University; Nhlanhla Nene, Chairman, Thebe Investment Corporation; Sade Gawanas, Executive Mayor, City of Windhoek; Adrian Saville, Professor of Economics, Finance & Strategy, Gordon Institute of Business Science; Riccardo Sciutto, CEO, Sergio Rossi; to name a few.

“Our CEO Dialogue aims to build an exclusive and influential community of leaders, for growing their enterprises, their countries and their continents. Every year, thanks to a unique multi-stakeholder approach, we gather key industrialists, governmental leaders, economists and heads of multi-lateral agencies, with the ambition to draw positive attention on strategic areas of economic cooperation and to foster international partnerships. In times of socio-economic change and unexpected challenges that follow the pandemic, such as the ongoing energy crisis, rising inflation, and the global supply chain disruption, we believe that, now more than ever, Africa is the place to be. It is the present and the future of global growth and development.” Pietro Mininni, Head of African Affairs, The European House – Ambrosetti

Luca Maestripieri, Director of the Italian Agency for Development Cooperation (AICS), underlined “The African continent – where 11 of the 20 priority countries for Italian Cooperation are located – and Southern Africa in particular, are at the center of Italy’s cooperation plans and offer great prospects also for the private entities with which AICS collaborates, thanks to the tools made available by the Agency. In this context, the next Southern Africa Europe CEO Dialogue represents an important opportunity for us to exchange views with local actors and stakeholders in order to establish future business partnerships that can respond to the sustainable development needs of partner countries”.

The past two years have shown the incredible value that logistics has in connecting people and improving lives across Sub Saharan Africa and across the globe. This is why we are excited to present the Future of African Cities report done in partnership with Ambrosetti. The study provides some striking insights on how secondary cities in Sub Saharan Africa will be key in driving inclusive and sustainable development on the continent. We are honoured to be part of the 9th Southern Africa Europe CEO Dialogue, and to be part of a global CEO Group that supports the growth of the continent through tangible commitments”. Hennie Heymans CEO, DHL Sub Saharan Africa

Giuseppe Scognamiglio, Director-General, Rome Expo 2030 Nomination Committee: “The big project of EXPO2030Rome will be an innovative platform for all the countries of the world, with the aim of finding together strategic solutions to the major problems of the future. Development and environmental sustainability will not be opposed against each other but will instead be two sides of the same coin, as will innovation and energy transformation; climate change and urban regeneration. This journey begins in 2022 in Johannesburg and, we hope, will bring us winners in Rome in 2030”.

According to Henk van der Merwe, Regional Leader at MA Automotive Tool & Die, “Our business environment has transformed over the past 3 years in unimaginable ways. The new normal will not be normal for long, we are clearly on an unprecedented rollercoaster ride. The Ambrosetti Summit provides the perfect platform for a well needed CEO dialogue, where captains of industry can share views and ideas on ways to navigate the current turmoil. I look forward to our collaboration and interaction”.

“The Musina Makhado Special Economic Zone is pleased to join the global network of The European House – Ambrosetti to promote dialogue and support the long-term growth of strategic trade and economic relations between Europe and Southern Africa. The annual CEO Dialogue has proven to be a strategic platform for top-level business and institutional leaders from both continents to share ideas, build strong partnerships, and learn about the enormous opportunities that exist within the Euro-African relations. We invite both local and international corporations to come join us in “The world of game-changing opportunities”.  MMSEZ-SOC is open for business.”, declared his Chief Executive Officer, Lehlogonolo Masoga”

Our CEO Dialogue aims to build an exclusive and influential community of leaders, for growing their enterprises, their countries and their continents

The COVID-19 pandemic clearly demonstrated the vast inequalities that exist in vaccines and therapeutic production and supply, unnecessarily increasing African mortality and morbidity. Local production capacities and capabilities ensure security of supply and even out vast distribution inequalities. Africa can never afford to find itself at the backend of the queue ever again and significant global focus and attention on realising appropriate and suitable vaccine and other therapeutic capabilities on the continent need to be intensified. Some of the immediate areas that require focus are the reform of global vaccine procurement mechanisms and the appropriate funding and financing of both procurement and the establishment of capacities.”, added Mr Stavros Nicolaou, Group Senior Executive: Strategic Trade Development at Aspen Pharmacare.

According to Mohan Vivekanandan, Group Executive at Development Bank of Southern Africa “The SA-EU Forum presents a substantial opportunity for the DBSA as a leading infrastructure financier in Africa to engage and strengthen relations with private companies from Europe operating across the infrastructure value chain with a shared ambition to scale infrastructure delivery across the African continent.”

Qatar Airways Group Chief Executive, His Excellency Mr. Akbar Al Baker, said: “Qatar Airways plays a key role in enabling international trade through serving some 150 global destinations. These include seven new routes in Africa, which we have developed after COVID travel restrictions eased, and many airports in Europe, where we have a number of market leading positions. Our aim is to facilitate long term economic impact in a sustainable manner and this week’s dialogue represents an important collaboration in addressing a number of significant challenges. Qatar is a global gateway that can deliver economic trade benefits between Europe and Southern Africa, as well as bridge cultures and political partnerships. This is being demonstrated by the FIFA World Cup in under two weeks when we are literally bringing the world together.”

The topics to be covered in the 2022 agenda are:

– The African geopolitical, business and investment outlook.

– CEO’s views on African business.

– New African cities and regions: urban regeneration, sustainability and SME development.

– Africa’s rebirth: the power of the creative economy.

– The energy outlook in Southern Africa: challenges and opportunities.

This edition of the Southern Africa Europe CEO Dialogue will be enhanced with side events on these themes:

– Towards World EXPO 2030: the candidacy of Rome to engage people and territories of Africa

– The role of health diplomacy and partnerships between Europe and Africa to ensure Health Security

– Engaging the private sector in Africa to foster economic growth

– Renewable energies: A turning point for South Africa?

– Business site visit to the OR Tambo Special Economic Zone

The Summit, by invitation only, is a key moment of the activities of the “CEO Community African Chapter”, a Club of top business leaders that integrates and enriches the outcomes of the annual conference. Heads of State, global CEOs and influential personalities regularly attend the business meetings (held under Chatham House Rule) in Johannesburg at Inanda Club and in the SADC region.

Distributed by APO Group on behalf of The European House – Ambrosetti.

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RIOT Network and MediaTek collaboration expands digital access in South Africa through innovative, community-driven Wi-Fi solutions

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MediaTek

RIOT Network aims to make fast, unlimited Wi-Fi services accessible for people in townships and underserved communities

JOHANNESBURG, South Africa, November 22, 2024/APO Group/ — 

MediaTek (www.MediaTek.com), a global fabless semiconductor company powering nearly 2 billion connected devices a year, and RIOT Network (https://RIOT.Network), a community mobile broadband provider in South Africa, have announced the successful integration of Mediatek’s Filogic 830 (https://apo-opa.co/3CIbkNl) chipset into RIOT’s second-generation CROWDNet Core Nodes.

The successful deployment of the CROWDNet nodes has enabled RIOT Network to achieve its aim of offering uncapped internet at an affordable price of R99 per month, and to do so profitably. To date, RIOT Network, in partnership with Sonke Telecommunications, has leveraged the nodes to connect more than 800 households and 5000 users in Olievenhoutbosch to uncapped Wi-Fi services.

RIOT Network aims to make fast, unlimited Wi-Fi services accessible for people in townships and underserved communities. Its CROWDNet Nodes, enable an innovative model for deploying user-operated network infrastructure. Community members serve as operators of some of the core network devices to earn a share of the fee from neighbours who use the service.

With each new connection, RIOT Network is highlighting the role of innovative fixed-wireless solutions in extending broadband access and improving digital inclusivity

CROWDNet powered by MediaTek Filogic 830 brings affordable, last-kilometre broadband to communities where it is not commercially viable to deploy towers or fibre. The MediaTek Filogic 830 is a high-performance SoC for routers, repeaters, access points and mesh networking devices. The SoC enables device makers to build-in powerful applications based on an energy-efficient, Wi-Fi 6-ready platform.

“The Mediatek’s Filogic 830 chipset delivers a unique balance of high performance and cost-efficiency, allowing us to keep operational costs low while maximising network reliability and speed,” said Jarryd Bekker, CEO at RIOT Network. “This combination of affordability and sustainable business growth is pivotal to our vision of expanding digital access in underserved communities. Our work in Olievenhoutbosch near Centurion demonstrates the power of reliable, affordable internet, creating new opportunities for economic and social engagement.”

“With each new connection, RIOT Network is highlighting the role of innovative fixed-wireless solutions in extending broadband access and improving digital inclusivity,” said Rami Osman (https://apo-opa.co/4ghZBUn), Director for Business Development, MediaTek Middle East and Africa. “We look forward to supporting RIOT in building a future where high-quality internet is accessible and impactful for all.”

Distributed by APO Group on behalf of MediaTek Inc

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African Energy Chamber (AEC) Endorses Inaugural Congo Energy & Investment Forum, Catalyzing Growth in the Republic of Congo’s Energy Sector

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African Energy Chamber

The African Energy Chamber proudly supports the inaugural Congo Energy & Investment Forum, scheduled for March 25-26, 2025 in Brazzaville

BRAZZAVILLE, Republic of the Congo, November 21, 2024/APO Group/ — 

The African Energy Chamber (AEC), as the voice of Africa’s energy sector, proudly supports the inaugural Congo Energy & Investment Forum (CEIF), set to take place in Brazzaville on March 25-26, 2025. Unveiled during African Energy Week: Invest in African Energies in Cape Town by the Republic of Congo’s Ministry of Hydrocarbons, this milestone event signals the nation’s commitment to strengthening its role as a key energy player on the continent, while showcasing a range of investment opportunities. 

Under the leadership of Hydrocarbons Minister Bruno Jean-Richard Itoua, the Republic of Congo has emerged as sub-Saharan Africa’s fourth-largest oil producer, with anticipated production of 280,000 barrels per day (BPD) by the end of 2024 and ambitions to reach 500,000 BPD within three to five years. Building on this momentum, the CEIF will highlight innovative projects and foster strategic partnerships that enhance investment, drive economic growth and position the Congo as a leader in Africa’s energy expansion.

Meanwhile, Société Nationale des Pétroles du Congo (SNPC), led by CEO Maixent Raoul Ominga, is spearheading the Congo’s energy growth. SNPC holds a majority stake in the Mengo Kundji Bindi II permit, with 2.5 billion barrels of estimated oil potential. The company is developing the site through 13 wells, 3D seismic data acquisition, and the construction of six production platforms. 

We are honored to secure the Chamber’s endorsement for this pivotal forum

With the Chamber’s official support, the CEIF is set to attract government leaders, C-suite executives from major IOCs and energy experts, who will offer critical insights into Congo’s oil, gas and energy sector developments. The country is overhauling its gas sector to unlock 10 trillion cubic feet of resources through a comprehensive Gas Master Plan and new Gas Code that introduces favorable fiscal terms and enables small-scale project development, as well as large-scale, integrated gas megaprojects like Eni’s Congo LNG and Wing Wah’s Bango Kayo. 

“The Congo Energy & Investment Forum marks a major milestone for the country, amplifying its strategic energy initiatives and showing industry stakeholders that it is serious about advancing its energy sector. We look forward to supporting this forum, which promises to connect investors, drive impactful partnerships and elevate the Congo’s position within Africa’s energy sector,” says NJ Ayuk, Executive Chairman of the AEC.  

“We are honored to secure the Chamber’s endorsement for this pivotal forum, which, through its vast network and influence, will help attract key stakeholders and decision-makers to the event. Together, we aim to highlight the immense potential of the Congo’s energy sector, foster strategic partnerships and drive transformative investments that contribute to sustainable growth across the industry,” notes James Chester, CEO of Energy Capital & Power, organizers of the CEIF.   

This premier forum provides a unique platform for connecting local and international investors with high-impact opportunities across a diversified range of energy projects, paving the way for collaborations that drive growth and transformation. The AEC’s endorsement underscores its commitment to fostering strategic partnerships, sustainable investment and regional cooperation, aligning with its broader mission to make energy poverty history across the continent by 2030.  

As the energy industry continues to serve as a critical pillar of the Congolese economy and a catalyst for sustainable development, the AEC remains dedicated to supporting initiatives like CEIF that foster progress, investment and partnerships across the African energy landscape. 

For more information, please visit www.CongoEnergyInvestment.com

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

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Any Successful African Energy Policy at Conference of the Parties (COP) or Anywhere Must Have Oil and Gas at its Core (By NJ Ayuk)

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Conference of the Parties

Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels

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JOHANNESBURG, South Africa, November 21, 2024/APO Group/ — 

By NJ Ayuk, Executive Chairman of the African Energy Chamber (www.EnergyChamber.org).

I believe the ultimate responsibility for getting there is ours and no one else’s. Yes, we need partners to walk alongside us, but the success of our energy movement rests on African shoulders.

To begin with, I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals.

This will be particularly important in COP29 in Baku. It is imperative that African leaders present a unified voice and strategy for African energy transitions. We must make Africa’s unique needs and circumstances clear and explain the critical role that oil and gas will play in helping Africa achieve net-zero emissions in coming decades.

I would encourage African leaders to talk about the need for financing, as well, to make it possible for us to adopt renewable energy sources and set up the necessary infrastructure. Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels.

Africa’s governments have a role to play in a successful African energy movement as well.

Because Africa’s energy industry still can benefit greatly from the presence of international oil companies, our government leaders need to approve contracts with oil and gas companies promptly instead of allowing red tape to delay projects after discoveries are made.

And, they need to offer the kinds of fiscal policies that allow oil companies to operate profitably in Africa. In turn, that will help those companies generate revenue, create jobs and business opportunities, and foster capacity building.

I also would encourage governments and civil societies to reward companies that exemplify positive behavior. Let’s incentivize the kind of activities we want, from creating good jobs and training opportunities to sharing knowledge.

I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals

And there’s more.

We in Africa must work together to create more opportunities for women to build careers in the oil and gas industry at all levels. Our energy industry can’t reach its potential to do good when half of our population is left out. Our progress on behalf of women has not been great—We need to do better, and we need to act quickly.

How the world can support

Now, I mean it when I say Africans are responsible for building the future they want. But, I would love to see Western governments, businesses, financial institutions, and organizations support our efforts.

How? They can avoid demonizing the oil and gas industry. We see it constantly, in the media, in policy and investment decisions, and in calls for Africa to leave our fossil fuels in the ground. Actions like these, even as Western leaders have pushed OPEC to produce oil, are not fair, and they’re not helpful.

I also would respectfully ask financial institutions to resume financing for African oil and gas projects and stop attempting to block projects like the East African Crude Oil pipeline or Mozambique’s LNG projects.

Please understand that with the war in Ukraine, the energy crisis in Europe, and the energy poverty facing our continent, our countries, like many others, are simply choosing the paths they believe are most likely to help their people.

You know, people for years have accused me of loving oil and gas companies more than Africa. The opposite is true. In my frequent travels around the continent, I’ve observed far too many young people with little in the way of opportunities.

I know our young people have aspirations for a better future. I know they have big dreams. And, I know that future is nearly within their grasp.

A thriving, strategically managed energy industry can make it possible for many of these young people, whether it leads to good jobs or it fosters the kind of economic growth that creates jobs in other fields. Even if we only get the lights on in their communities, we’ll be giving our young people hope and improving their chances of realizing their goals.

This is what drives me, the idea that with our ongoing efforts and determination, our young people can realize meaningful opportunities. I encourage each of you to work with us at the African Energy Chamber, in a spirit of cooperation and mutual respect. Together, we can build the kind of African energy movement that our continent, our communities, and our young people need and deserve.

Distributed by APO Group on behalf of African Energy Chamber.

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