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Africa is embracing the Artificial intelligence innovation wave; further investment will harness its full potential say experts at GITEX

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World’s next big technology shift is solving pressing African issues including poverty, unemployment, and inequality, delegates hear at GITEX Africa AI Summit

MARRAKESH, Morocco, June 2, 2023/APO Group/ — 

The rise of AI and its revolutionary impact on African business, society, and culture led discussions on the final day (2 June) of GITEX Africa 2023 (www.GITEXAfrica.com) in Morocco, as experts from across the globe gathered to debate and advance the transformational new tech that’s now the focal point of worldwide debate.

While dozens, including the heads of OpenAI and Google Deepmind, have backed statements warning about potential disaster scenarios around AI – including the extinction of humanity – others in the field have said AI fears are overblown.

One thing is certain: AI is on track to be the next big global technology shift, while in Africa, it has the ability to transform the way businesses are run and societies function. More importantly, according to Mustapha Zaouni, the Chairman of AI in Africa, the continent is now exploring AI to solve pressing issues including poverty, unemployment, and inequality. 

“While Africa has unique challenges, such as disparity in internet access, it’s steadily embracing AI,” said Mr. Zaouni, a panellist at the GITEX Africa AI Summit on the topic of Responsible Generative AI. 

“Readiness varies across countries, and there’s a need to invest in infrastructure, education, and policy-making to fully harness AI. Ensuring equitable access to technology and bridging the digital divide are crucial steps to prepare for AI’s impact in Africa.”

Simon See, the Global Head of Nvidia AI Technology Centre in Singapore, and another speaker today, said with the right investments and policies, AI can help Africa to achieve its development goals and improve the lives of its people.

“In Africa, the demand for AI skills is expected to grow by 36 percent between 2020 and 2025,” said Mr. See, whose American-headquartered Nvidia makes specialist AI chips, with a market value that briefly surpassed US$1 trillion this week.

“This growth is driven by the continent’s young population, as well as its investments in start-ups and innovation. The growth of AI is creating new jobs in Africa, as companies look to hire experts to help them develop and implement AI-powered products and services.”

Elevating African talent to the forefront of a new global workforce

Mr. See said Africa is still in the early stages of AI adoption, but there’s a growing interest in the technology across the continent: “Several African countries have developed national AI strategies, and there’re a number of start-ups and research institutions working on AI-related projects,” he said.

Dr. Adel Alsharji, the COO of Presight, a UAE-based AI-powered big data analytics company, delivered the keynote address on the Societal Impact of Artificial Intelligence at the GITEX Africa AI Summit, one of ten conference tracks at the inaugural GITEX Africa, the continent’s largest tech and start-up exhibition taking place in Marrakech.

Dr. Alsharji said Africa is the second-fastest growing region globally in AI adoption: “Africa’s AI journey is gaining momentum, and this progress highlights the continent’s readiness to explore and harness the potential of AI for driving economic growth and addressing local challenges, ultimately benefiting the greater good of its people,” said Dr. Alsharji, adding that demand for AI-related jobs will increase two-fold over the next three years.

The growth of AI is creating new jobs in Africa, as companies look to hire experts to help them develop and implement AI-powered products and services

“A study by McKinsey Global Institute predicts that AI could add US$13 trillion to the global economy by 2030, while the number of AI-related jobs in Africa alone is expected to grow by 200 percent by 2025.”

Mr. Zaouini, whose AI in Africa is a non-profit organisation aimed at empowering African youth for an inclusive AI future, concluded that in Africa, AI should be seen as a tool to leapfrog traditional stages of development while elevating African talent to the forefront of a new global workforce.

“The African societal impact of AI is immense, as it revolutionises the way we work and live,” concluded Mr. Zaouini.  “After the internet, the second revolution was probably the social dilemma, but AI is an even bigger revolution than all of them.”

AI-powered health-tech solution transforms African blood donations

GITEX Africa, which concludes today (2 June) in the Red City of Marrakech, gathered thousands of attendees from 120 countries over its three-day run, all looking to network and develop meaningful business connections with the 900 exhibiting companies and start-ups across 10 halls and 45,000sqm of exhibition expanse.

AI and it’s far-reaching multisectoral impact were also evident on the exhibition floor, with many exhibitors showcasing how the AI boom is turbocharging waves of innovation across industries, from education and agriculture, to transport, retail, energy, or logistics.

BetaLife, an award-winning Nigerian start-up epitomised this movement in the healthcare sector. The cloud-based AI-powered platform connects hospitals and blood banks using advanced algorithms, ensuring the efficient flow of lifesaving blood products to patients in need.

Mubarak Ayanniyi, the 21-year old founder and CEO, said the greatest advantage of Betalife is its ability to analyse copious data via an AI-powered algorithm that accurately predicts when, where, and in what amounts blood donations are required, thereby directing resources and allocating donations when needed, ultimately saving countless lives.

“BetaLife has revolutionised the way that blood donations are managed in Africa”, said Ayanniyi.  “Instead of relying on manual processes, hospitals and blood banks are now using BetaLife to predict when and where blood donations are needed most. This has led to more efficient distribution of blood products, reducing waste and ensuring that those who need it most receive the lifesaving treatment they require.”

GITEX Africa is held under the High Patronage of His Majesty King Mohammed VI, and hosted by the Digital Development Agency (ADD), under the authority of the Moroccan Ministry of Digital Transition and Administration Reform.

The hyper connector is organised by KAOUN International, the overseas events organising company of Dubai World Trade Centre, which organises GITEX Global in Dubai, UAE, the world’s largest tech and start-up show, rated by tech executives as the world’s best global tech event.

More information is available at www.GITEXAfrica.com.

Distributed by APO Group on behalf of GITEX Africa.

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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