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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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SLB commissions new fluids systems plant in Pemba to support Mozambique’s offshore energy development

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15 hours ago

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October 9, 2026

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Mozambique

New facility expands in-country drilling and completion fluids capability, advancing the next phase of SLB’s growth in Mozambique

PEMBA, Mozambique, October 9, 2026/APO Group/ –SLB (NYSE: SLB) (www.SLB.com) announced the opening of a new fluids systems plant in Pemba, Mozambique. The new facility strengthens in-country capacity to prepare, store and deliver drilling and completion fluids for offshore operations, reinforcing the infrastructure needed as Mozambique’s offshore activity grows and its role as a strategic energy hub for East Africa continues to expand.

The commissioning of the plant, also known as a liquid mud plant, coincides with SLB marking 70 years of operations in Mozambique. It reflects the company’s long-term commitment to investing in people, infrastructure and capability that support the country’s long-term offshore energy development plans.

 




  

With an initial storage capacity of 21,000 barrels, the liquid mud plant provides a scalable platform for future growth, supporting multiple customers and rising offshore activity while improving logistics and enhancing operational flexibility.

As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions

“As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions,” said Miguel Baptista, Central, East and Southern Africa, Managing Director, SLB. The new liquid mud plant strengthens local energy infrastructure, expands opportunities for local content development, and enhances our ability to support customers as they deliver some of Africa’s most significant offshore energy resources.”

The liquid mud plant project was delivered with strong local participation and that momentum is expected to continue into operations. During project delivery, more than 100 jobs were created in Pemba with nationals representing 80% of the workforce, reflecting a focus on building local capability.

The project was delivered with a strong focus on safety, operational integrity, and quality, achieving more than 67,000 hours worked without a recordable safety incident.

This key infrastructure strengthens SLB’s ability to support consistent service quality and enhance supply chain readiness for increasing offshore activity across Mozambique, supporting customers execute safely and efficiently while developing local skills and expertise.

Key Points:

  • SLB has commissioned a new fluids system plant in Pemba, expanding in-country drilling and completion fluids capability for offshore operations.
  • With an initial storage capacity of 21,000 barrels, the facility provides a scalable platform to support growing offshore activity in Mozambique.
  • The investment marks the next phase of SLB’s growth in Mozambique, strengthening local capability and supporting long-term offshore energy development.

Distributed by APO Group on behalf of SLB.

 

 




 

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South African Energy Storage Association (SAESA) welcomes 4,600 MW battery storage prioritisation and calls for integrated energy planning

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15 hours ago

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October 9, 2026

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Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply

JOHANNESBURG, South Africa, October 9, 2026/APO Group/ –The South African Energy Storage Association (SAESA) (www.SAESA.org.za) welcomes the prioritisation of 4,600 MW of battery energy storage under the first Integrated Resource Plan (IRP) 2025 Section 34 determination.

 




  

The timing is significant. Recent Integrated Energy Plan (IEP) modelling and assumptions discussions highlighted a fundamental shift that South Africa’s energy planning now needs to capture: we cannot plan the future power system by counting megawatts of generation alone.

We must plan for when energy is available, where it is available, how it moves through a constrained grid and how it is stored and dispatched when the system needs it most.

The announcement reinforces that shift. Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply.

For SAESA, the message for the IEP is clear: storage, flexibility and system services must be modelled as integral components of South Africa’s future electricity architecture, with their contribution considered from the outset of generation planning.

“The IEP must plan the power system we are becoming, not simply model the power system we have inherited,” says SAESA.

The IEP must plan the power system we are becoming, not simply model the power system we have inherited

Partnership with C&I Energy + Storage Summit

SAESA is an association partner of the C&I Energy + Storage Summit, created by VUKA Group, taking place on 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

The summit brings together commercial and industrial energy users, project developers, financiers, regulators and solution providers to explore practical approaches to energy security, procurement and storage deployment.

For businesses assessing how storage can support their operations, the event offers an opportunity to meet SAESA and engage with the wider energy community on the decisions shaping South Africa’s evolving electricity system.

Commercial and industrial energy decision-makers are invited to apply to attend as hosted buyers. Qualifying buyers receive complimentary summit access and curated opportunities to engage with industry partners.

 

Meet SAESA at C&I Energy + Storage Summit: Join the Hosted Buyer Programme

The Hosted Buyer Programme connects commercial and industrial energy decision-makers with solution providers shaping South Africa’s evolving private energy market.

Qualified energy buyers receive complimentary access to the summit and curated engagement with industry partners exploring energy procurement, storage deployment and project development.

Apply for the Hosted Buyer Programme (https://apo-opa.co/4ehLijJ)

Distributed by APO Group on behalf of VUKA Group.

 




 

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Afreximbank welcomes launch of Africa Credit Rating Agency as an important step in strengthening Africa’s financial architecture

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20 hours ago

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October 9, 2026

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Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets

PORT LOUIS, Mauritius, October 8, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding the continent’s capacity to generate credible, independent analysis of African credit risk.

 




 
 

Credit ratings play an important role in determining access to capital, influencing investor perceptions and shaping the cost at which governments, institutions and businesses can finance development. It is therefore essential that assessments of African credit risk are independent, rigorous and evidence-based, while reflecting a complete understanding of the structures, institutions and economic realities being assessed.

The establishment of AfCRA adds an important African-led source of credit opinion to the market. Its value will not be measured by whether it produces more favourable ratings, but by the credibility of its analysis, the quality of its data and transparency of its methodology, and its ability to deepen understanding of African sovereigns, sub-sovereigns and corporate credit.

This is particularly important given that many African issuers remain unrated, while local-currency and sub-sovereign markets continue to have limited rating coverage. Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets.

AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans

Alongside fellow members of the Alliance of African Multilateral Financial Institutions (AAMFI), Afreximbank has consistently maintained that African Multilateral Financial Institutions should be assessed on the basis of their fundamentals, performance, legal frameworks, mandates and operating models. Ensuring that these institutional characteristics are properly understood is essential to achieving informed, balanced and credible assessments of African risk.

Commenting on the uniqueness of the African market, and need for AfCRA’s rating methodology to reflect this, Mr Denys Denya, Senior Executive Vice President, Afreximbank, said: “The rating methodology AfCRA develops must recognise the uniqueness of our environment and its institutional structures. The Agency must set its own standards and not follow those set elsewhere — it must build a unique identity that conforms to an ‘African best practice.”

Highlighting the need for the autonomy of the Africa Credit Rating agency as it takes off, Mr Denya added: “Most importantly, AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans. We must all use it, and in return expect a complete assessment of where we (Africa) stand: the strengths the market has ignored, and the weaknesses we still need to fix.”

AfCRA should therefore be seen as complementary to existing international and regional rating agencies, broadening the range of credible analysis available to investors and issuers while strengthening competition, transparency and analytical capacity within Africa’s credit markets.

As Africa seeks to mobilise the scale of capital required for industrialisation, trade, infrastructure and economic transformation, credible African institutions that improve information, strengthen market confidence and deepen the continent’s financial markets will become increasingly important.

Afreximbank congratulates the African Union, the African Peer Review Mechanism (APRM) and all those involved in bringing AfCRA from concept to launch, and looks forward to the contribution the Agency will make to deeper, more transparent and more efficient African capital markets.

Distributed by APO Group on behalf of Afreximbank.

 




 

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