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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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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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Congo Is Turning Reserves into Bankable Projects – and the Investment Window Is Opening

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Eni-led LNG expansion and ongoing deepwater investment are pushing the Republic of Congo’s energy sector toward more bankable projects ahead of the Congo Energy & Investment Forum 2027

BRAZZAVILLE, Congo (Republic of the), June 23, 2026/APO Group/ –With LNG exports set to triple to 3 mtpa, upstream oil production targeting 500,000 bpd and a renewed push on local content, the Republic of Congo is positioning itself as one of Central Africa’s most investable hydrocarbon markets. Under the leadership of the newly-appointed Minister of Hydrocarbons, Stev Simplice Onanga, the country is prioritizing industry growth by balancing local content with reserve replacement and project advancement.

 

What sets Congo apart is not the scale of its reserves, but the pace at which those reserves are being turned into commercially viable projects. From Eni’s LNG expansion and TotalEnergies’ deepwater developments to brownfield optimization by Trident Energy and output growth at Ammat Global Resources, capital is flowing into projects with clearer monetization pathways and nearer-term returns.

Ahead of the Congo Energy & Investment Forum (CEIF) 2027 – the country’s leading platform for energy investment and partnerships – the story is shifting away from frontier potential toward bankable projects already under development.

Policy Reform Is De-Risking Investment

Congo’s investment case is being reshaped by the alignment of resource base, regulatory reform and project delivery. Established oil production, expanding LNG capacity and fiscal adjustments are gradually reducing above-ground risk.

Recent reforms led by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo have added structure to the sector. The Gas Code, introduced in October 2025, formalizes fiscal terms for gas commercialization, while the Gas Master Plan prioritizes flaring reduction and gas-to-power deployment, targeting 1,500 MW by 2030.

A new upstream licensing round is also under consideration, aimed at attracting fresh capital into both mature and frontier acreage. Together, these measures are improving visibility across upstream, midstream and downstream segments, with recent project activity reinforcing the shift.

The Projects Driving the Next Cycle

Deepwater oil remains central to Congo’s production outlook, with operators progressing both new developments and brownfield optimization. TotalEnergies is advancing work at the Moho licence following the April 2026 Moho G discovery, backed by a $500–$600 million infill drilling program targeting about 40,000 bpd in incremental output.

Local independent Ammat Global Resources is targeting 70% production growth from its Loango and Zatchi fields, where reactivated wells and upgraded platforms have already lifted output by 75%. Perenco continues steady gains, adding roughly 6,000 bpd through its 2025–2026 drilling program.

Trident Energy, after acquiring an 85% working interest in the Nkossa and Nsoko II assets in 2025, is focused on extending field life through subsea optimization and redevelopment work.

While oil continues to anchor revenues, gas is rapidly emerging as Congo’s fastest-growing segment. Eni’s Congo LNG project delivered its first cargo from Phase 2 in February 2026, following the startup of the Nguya FLNG unit in December 2025. Together with Tango FLNG, capacity has risen from 0.6 mtpa to 3 mtpa. Trident Energy has also proposed an FLNG project aimed at adding further capacity across the country’s gas market. The project is expected to operate as shared infrastructure, allowing multiple operators to process gas from their respective fields. This creates an outlet for associated gas that might otherwise be stranded, supporting the country’s broader diversification goals.

Local Content Is Reshaping Investment Terms

Beyond upstream policy, Minister Onanga has positioned local content as a central pillar of Congo’s investment framework, and a key determinant of how capital is structured and deployed.

Decrees 2019-342, 343, 344 and 345 set requirements around subcontracting, workforce localization and training commitments, with the effect being a gradual shift in how projects are structured and how partnerships are formed. Operators are increasingly assessed not only on technical delivery but on in-country value creation, including partnerships with local firms and skills development. Logistics, maintenance and other service areas are increasingly channeled through domestic providers.

At CEIF 2027 – taking place June 1–3 in Brazzaville – attention will shift to what is moving forward and to the investors positioned to take part in that pipeline. Congo’s energy sector is no longer defined by potential alone: projects are moving, capital is being committed and policy is starting to catch up with activity on the ground.

As the Republic of Congo moves from reserves to revenue, the signal to investors is clear: this is already unfolding, not a future opportunity.

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

 

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Afreximbank secures double honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards for excellence in strategic communications

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The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event

CAIRO, Egypt, June 23, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been recognised with two prestigious honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards, one of the world’s most prestigious awards programmes for strategic communications.

 

The Bank received an Award of Excellence in Special and Experiential Events category for the Intra-African Trade Fair 2025 (IATF2025) held in Algiers, Algeria and an Award of Merit in the Social Media category for its Afreximbank Social Media Campaigns, reaffirming Afreximbank’s commitment to delivering impactful communications that advance its mandate of promoting trade, investment and industrialisation across Africa and the Caribbean.

We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communication

The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event. IATF2025 brought together governments, businesses, investors, buyers, sellers and entrepreneurs from across Africa and beyond, creating a platform for trade and investment opportunities while advancing the objectives of the African Continental Free Trade Area (AfCFTA). The communications campaign played a pivotal role in driving global awareness, stakeholder participation, media visibility and engagement before, during and after the event, while showcasing the scale, ambition and dynamism of African enterprise and reinforcing a positive narrative about Africa’s capacity to trade, industrialise and compete on the global stage. Over 120,000 delegates attended IATF2025 in person and virtually, with deals worth over US$50 billion recorded.

The Award of Merit for Afreximbank Social Media Campaigns recognises the Bank’s strategic use of digital platforms to engage stakeholders, amplify its developmental impact and elevate conversations around trade, industrialisation, economic integration and investment opportunities across Africa and the Caribbean. Through a combination of compelling storytelling, thought leadership content, executive advocacy, multimedia production and real-time event coverage, Afreximbank’s social media platforms have continued to expand their reach and influence among policymakers, businesses, investors, development partners and the wider public. Among these platforms is the Afreximbank TV, a digital TV channel that is wholly owned and managed by Afreximbank, whose fifth edition was celebrated with dedicated coverage of IATF2025, providing live coverage of the activities to both pan African and global audiences.

Anne Ezeh, Director & Global Head, Communications and Events at Afreximbank commented: “We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communications. As a pan African multilateral financial institution, we see storytelling as a powerful tool for advancing our mission — ensuring our initiatives, events, programmes and key announcements not only inform, but also inspire confidence, deepen engagement and amplify Africa’s transformation. These awards reinforce our resolve to continue delivering world-class communications that elevate African voices and projects a bold and authoritative narrative of the continent.”

Ms. Ezeh added that through innovative storytelling, digital engagement and integrated campaigns, the Bank will continue to amplify the impact of its programmes and partnerships  to project a more authentic narrative of Africa, one defined by opportunity, innovation, resilience and growing influence in the global economy.

For more than five decades, the IABC Gold Quill Awards have recognised excellence in strategic communications globally, celebrating programmes and campaigns that demonstrate measurable impact, innovation, creativity and outstanding execution. Widely regarded as the pinnacle of achievement in the communications profession, the awards are judged through a rigorous and independent evaluation process conducted by experienced communication leaders from around the world.

Distributed by APO Group on behalf of Afreximbank.

 

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Islamic Development Bank (IsDB) Institute Unveils 2025 Annual Report During Group Annual Meetings in Baku

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In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) has released its 2025 Annual Report during the 2026 IsDB Group Annual Meetings held in Baku, Azerbaijan, showcasing a year of expanded impact in Islamic finance transformation, innovative solutions, and capacity development.

 

The report highlights how IsDBI strengthened its role as a global knowledge leader by advancing innovative solutions and scaling support to Member Countries through knowledge-based interventions, Islamic finance grants, and strategic partnerships.

In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million, supporting countries in strengthening regulatory frameworks and promoting inclusive financial systems.

Since 2013, the Institute’s interventions in this regard have reached over US$27.57 million across 181 projects benefiting more than 34 countries, underlining its sustained contribution to development outcomes across the Islamic world.

I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem

The Annual Report highlights major progress in IsDBI’s three flagship transformative projects, namely Awqāf Free Zones, Digital Postal Islamic Financial Services, and Smart Countertrade System, which have all advanced to pilot-ready stages. These initiatives aim to address global challenges such as financial inclusion, food and energy security, and trade resilience.

Furthermore, the Institute accelerated its focus on digital innovation in Islamic finance, enhancing its Islamic Finance Artificial Intelligence Assistant (IFAA) and hosting its first AI Hackathon on Islamic Finance, engaging more than 40 teams in developing cutting-edge solutions aligned with industry standards.

Human capital development in Islamic finance also remained a cornerstone of IsDBI’s work in 2025, with the delivery of over 20 training programs reaching around 500 professionals across Member Countries. A key achievement in this area was the Entrepreneurial Mindset Development Program, a flagship initiative equipping emerging leaders from 20 countries with innovation-driven and values-based entrepreneurship skills. The program was designed and implemented in collaboration with Prince Mohammed Bin Salman College of Business and Entrepreneurship, Saudi Arabia.

The Institute also strengthened its thought leadership through flagship publications, global partnerships, and digital engagement, reinforcing its position as a leading voice in Islamic economics and finance.

Commenting on the issuance of the Annual Report, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said: “I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem by bridging knowledge creation, building human capital, and designing innovative solutions to address economic challenges.”

The 2025 Annual Report is accessible on IsDBI website here (https://isdbinstitute.org/product/isdbi-annual-report-2025/).

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

 

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