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Africa Must Embrace Carbon Trading (By NJ Ayuk)

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3 years ago

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ACMI

The climate projects that benefit from this system range from reforestation and forest conservation to renewable energy and carbon-storing agricultural practices

JOHANNESBURG, South Africa, March 9, 2023/APO Group/ — 

By NJ Ayuk, Executive Chairman, African Energy Chamber (http://www.EnergyChamber.org)

One of the most promising outcomes of the COP27 climate conference last November was the launch of the African Carbon Markets Initiative (ACMI). This African-led initiative is designed to significantly drive up the continent’s participation in voluntary carbon markets.

Carbon markets are platforms for carbon trading: the buying and selling of credits that allow entities to release a specified amount of carbon dioxide or other greenhouse gases. Essentially, carbon trading allows countries (or companies) to fund projects that reduce emissions instead of reducing their own emissions.

The climate projects that benefit from this system range from reforestation and forest conservation to renewable energy and carbon-storing agricultural practices.

We at the African Energy Chamber, like other advocates, are excited about carbon trading’s potential to bolster investment in green technologies and projects, especially in developing countries. We’re optimistic about the prospect of seeing the carbon trading system lead to more investments in African climate projects, which could help African states generate the necessary revenue to build a renewable energy sector.

However, we are concerned that Africa is not being included in the world’s carbon trade to the extent it should be. According to Good Governance Africa, only about 2% of the global climate projects funded through carbon trading were in our continent, and the majority of those took place in South Africa and the North Africa region.

As I stated in my recently released book, ‘A Just Transition: Making Energy Poverty History with an Energy Mix’, Some argue that we simply don’t have the political will to pursue this opportunity. Others say that we lack the necessary technology, or that we need a regulatory framework to move forward. I believe there is some truth in all of those statements, but we must find ways to overcome these obstacles.

Certainly, the creation of ACMI is very promising, but there is still a great deal of work to be done to ensure that Africa fully capitalizes on what carbon trade has to offer. We must begin now.

Limiting  Africa’s participation in the carbon market is a big mistake. This would be a missed opportunity for our continent that we simply cannot afford.

How Carbon Trading Helps

In 1997, the United Nations Framework Convention on Climate Change established the Kyoto Protocol to reduce worldwide carbon emissions by obligating countries to limit greenhouse gases according to individual targets. The protocol asks participating countries to first attempt to meet their hydrocarbon targets through national measures, but if they can’t, the protocol allows them to meet their targets through the market. If a country emits more than its target amount, it may buy “surplus credits” from those that have achieved their protocol targets.

The basic concept is that it doesn’t matter where emissions are reduced, just that they are removed from the atmosphere.

From an ecological standpoint, the carbon trade supports emission reduction goals, and it does so by promoting a win-win situation: A hydrocarbon emitter may exceed its target, as long as it purchases permits or credits generated from emissions-reduction projects. A typical transaction sees an industrialized nation investing its credits in environmental projects in developing nations, which also fast-tracks newer, cleaner infrastructure that these regions might otherwise never have the access or the means to introduce.

The ramifications of this are profound.

Consider what the International Emissions Trading Association said in 2019 about carbon trading’s potential to cover the costs of African countries’ nationally determined contributions (NDCs), that is, what they’ve pledged to do to address climate change under the Paris Agreement.

“Cross-border coordination in the form of carbon trading could cut the cost of meeting NDCs in half by 2030, making it possible to cut emissions 50 percent more, at no additional cost.”

And from an economic standpoint, carbon trading is a brilliant mechanism because it works with the reality of the world: Some nations or regions of the world (typically industrialized areas) are unable or unwilling to cut their emissions back far enough, while others (predominantly in developing economies) create far fewer emissions. Trading carbon credits as a commodity supports the needs and goals of both industrialized and developing nations.

Africa Must Capitalize on Carbon Trading

We are concerned that Africa is not being included in the world’s carbon trade to the extent it should be

In addition to the environmental possibilities, carbon trading is also a cash cow.

The market for trading carbon has grown substantially since its inception: In 2021, the value of traded carbon credits hit $851 billion. There are now about 70 carbon pricing instruments (CPIs) operating worldwide, including taxes and emissions trading systems, which involve some 23% of global emissions.

It’s fascinating that carbon emission reduction is now tracked and traded like any other commodity. And clearly, this is a huge market.

Unfortunately, to date, much of Africa has been missing the boat when it comes to fully participating in global carbon markets on fair terms.

In a recent report, ACMI’s founders identified some of the obstacles that must be overcome for Africa to realize its carbon market potential. The list is significant. A few of the obstacles included are:

  • A limited number of project developers, about 100, operate in Africa.
  • There are significant up-front capital requirements to launch carbon credit projects.
  • Regulatory challenges exist that vary from country to country.
  • Fragmented assets make deploying large-scale climate projects more difficult.
  • Fostering community buy-in can be challenging.
  • The ease of doing business varies by country and community.
  • The methodology for designing carbon credit projects is not always a good fit for African countries, where infrastructure and technology can be limited.
  • The required validation and verification of carbon credit projects can be expensive and involve long lead times.
  • Africa lacks capacity for project verification.

The pathway to overcoming these obstacles will be complex and multifaceted. One important step, I believe, will be cross-border collaboration in carbon markets.

We can see the positive results of such collaboration in other regions of the world. The European Union Emissions Trading System (ETS), for example, has expanded to include almost half of all European emissions since its 2005 inception. China launched its own ETS in 2021. The EU is now in the planning stages of linking its system with the independent Swiss market, while China is working to link its ETS with a regional market of Southeast Asian countries to increase cooperation for greater efficacy.

Now is the time to call upon industrialized leaders to boost their collaboration with their African colleagues. Large emitters must be encouraged to channel investment — through the carbon trading mechanism — into African green initiatives.

Let’s follow the example that Sweden and Rwanda are setting. They are negotiating their own government-to-government climate financing system, which, in Rwanda, has already restored 100,000 hectares of degraded ecosystems, created 176,000 jobs, and brought renewable off-grid energy to 88,000 households. This partnership has the potential to finance Rwanda’s ambitious 38% reduction in greenhouse emissions by 2030.

We need to see even more African participation in collaborations like this.

African Leadership in the Carbon Trade Is a MUST!

Africa would be remiss not to embrace carbon trading and have discussions with wealthy nations about channeling more investments into African climate projects. But more importantly, Africans need to take leadership on this.

Waiting for an “invitation” and not being pragmatic enough to embrace carbon trading in its entirety will make it difficult for Africa to catch up later.

This means that we Africans need to drive those discussions. We also need to ensure — and be ensured — that investments in African climate projects are just. We’ve already seen examples of projects that shortchanged Africans. Several years ago, for example, Kenyan farmers were promised payments for storing carbon in their soils and farm trees. But the market price for carbon plummeted, and the farmers received little.

The last thing we need is to be boxed into a constrictive market that victimizes Africa by allowing investors to take advantage of us. We need to establish what fair value is for investments in African projects and ensure that wealthy nations really pay us what’s fair.

This brings us back to the ACMI that was launched during COP27. It is committing to developing a transparent, practical, sustainable approach to carbon markets for Africa. By doing that, it says, it will unlock billions of dollars in revenue for African climate projects and create more than 100 million jobs by 2050.

I believe African governments, businesses, institutions, and organizations should support this initiative — and do everything possible to expand Africa’s role in carbon trading.

Doing this offers the prospect of adding massively to African economies, not only by creating jobs, but also by expanding energy access through the renewable energy projects that receive funding. And, at the same time, we will be supporting environmental causes by protecting biodiversity and driving climate action.

These benefits are too important to miss.

Distributed by APO Group on behalf of African Energy Chamber.

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CEM Africa 2026: Africa’s CX Leaders Meet in Cape Town

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14 hours ago

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August 14, 2026

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Final programme brings together senior CX leaders, practical workshops, technology showcases and high-value industry conversations from 18–20 August 2026

CAPE TOWN, South Africa, August 14, 2026/APO Group/ –CEM Africa 2026 will return to the Century City Conference Centre in Cape Town from 18–20 August, bringing together senior customer experience, marketing, digital, customer service, technology and transformation leaders for the 14th edition of Africa’s leading customer experience summit.

With organisations across the continent under growing pressure to improve customer outcomes while navigating AI adoption, automation, rising expectations, fragmented journeys and commercial scrutiny, the 2026 programme has been built around a central question: how can businesses use technology to improve customer experience at scale without losing trust, relevance or the human connection?

Across three days, CEM Africa will combine strategic conference discussions, hands-on workshops, technology demonstrations, an exhibition, networking activations and peer-to-peer exchange, giving delegates the opportunity to move from big-picture industry questions to practical frameworks they can apply inside their organisations.

A speaker line-up rooted in real CX leadership

The 2026 speaker faculty brings together leaders working directly across customer experience, marketing, digital transformation, customer service, commerce, technology and organisational change.

Among those joining CEM Africa 2026 are:

  • Bruce Whitfield, business journalist and best-selling author
  • Khensani Nobanda, Group Chief Marketing Officer, Nedbank
  • Francois Retief, Head of Customer Experience, FNB
  • Martin Urrutia, global toy industry leader
  • Marnitz Van Heerden, Head of Customer Experience, Discovery Limited
  • Grace Brown, Head of Customer Experience and Client Services, JSE
  • Khwaṱhelani Tshikovhi, Head: Santam Experience and Client Care, Santam Insurance
  • Shaun Edmeston, Director of Customer Experience, Absa Bank Mauritius
  • Job Thomas, Chief Customer Officer, WooCommerce
  • Richie Sobayeni, Group Head of Customer Experience Design, Equity Group Holdings
  • Julia Ahlfeldt, Customer Experience Strategist and Business Advisor
  • Rashid Toefy, Deputy Director-General, Department of Economic Development and Tourism
  • Katie Stabler, Founder and Director, CULTIVATE Customer Experience by Design
  • Charlie Stewart, CEO, Rogerwilco
  • Omowunmi Akingbohungbe, Executive Director, WIMBIZ
  • Wavi Mungala, Board Director, Institute of CX – Kenya

The wider faculty spans financial services, retail, technology, insurance, e-commerce, public sector, consulting and customer operations, reflecting the increasingly cross-functional nature of customer experience.

From AI experimentation to measurable outcomes

Artificial intelligence will be one of the defining conversations at CEM Africa 2026, but the programme moves beyond broad speculation about AI to focus on where organisations are seeing – or still struggling to achieve – real operational and commercial value.

Day One will examine how African organisations can move from AI pilots to production, including governance, data readiness, agent co-pilots, voice AI, speech analytics, conversational AI and AI-driven personalisation.

The agenda also tackles the questions surrounding responsible adoption. Sessions will examine AI governance and ethics, privacy, POPIA, customer consent and the challenge of automating at scale without damaging trust.

A dedicated discussion, “Will AI Make Your Brand More Trustworthy?”, will explore whether increased automation strengthens customer confidence or risks undermining it, before the day closes its content programme with the audience-led town hall “Will Humans Still Matter in a World of AI-Driven Customer Experience?”

Data, insight and the business case for CX

For leaders under pressure to demonstrate the commercial return on customer experience investment, CEM Africa will put measurement firmly on the agenda.

Workshops will address customer data quality, real-time insight, first-party data strategy, predictive analytics and Voice of Customer, alongside practical sessions on building an end-to-end CX scorecard, customer lifetime value and mapping journey costs.

Delegates will also be able to explore how to prove CX ROI to executive teams, connecting customer experience activity to revenue uplift, churn reduction, operational efficiency and cost-to-serve.

The emphasis throughout is on turning customer insight into decisions and measurable business outcomes rather than collecting more data without action.

Designing customer journeys that work in African markets

The programme will also address the practical realities of customer engagement across diverse African markets.

Topics include omnichannel journey design, mobile-first experiences, WhatsApp as a service channel, self-service, proactive CX and reducing friction across high-volume journeys such as onboarding, billing, claims and fulfilment.

Sessions will examine how organisations can create accessible experiences for customers with different levels of digital literacy, connectivity and channel preference, while maintaining consistency between physical, digital and human-assisted interactions.

African market realities also feature in discussions on sentiment analysis, conversational AI, language, code-switching and customer behaviour.

The people behind customer experience

Technology is only one side of the CX equation.

CEM Africa 2026 will look closely at employee experience, organisational culture and the changing capabilities required of customer-facing teams.

Sessions will cover customer-centric culture, employee resilience, burnout, hybrid CX teams, human-centred service, AI upskilling, cross-functional collaboration and change management.

The programme will also explore the relationship between employee experience and customer outcomes, recognising that organisations cannot sustainably improve CX without equipping and engaging the people responsible for delivering it.

What the three days will look like

Tuesday, 18 August – Day Zero

CEM Africa begins with an afternoon dedicated to registration, community engagement and relationship-building ahead of the main conference programme.

Delegates can expect networking activities and activations, including tastings, community conversations, the CEM Networking Padel Tournament and sponsored welcome drinks.

The format is designed to give speakers, delegates, partners and industry leaders an opportunity to begin making connections before the formal summit gets underway.

Wednesday, 19 August – Day One

Day One opens with a strong focus on trust, relevance and measurable customer experience outcomes.

The main stage begins with Deshnie Govender’s opening keynote, “The Culture-Led Customer: The Emerging Markets Playbook for Building Trust, Relevance and Loyalty”, followed by sessions examining the future of AI-powered customer experience, journey-led CX orchestration and business journalist and best-selling author Bruce Whitfield’s keynote, “The Trust Advantage”, exploring how trust can reduce friction and unlock better business results.

From late morning, the programme moves into a series of parallel workshops and panels built around some of the most pressing issues facing CX leaders today.

The first sessions explore building trust in the AI era, with discussions on whether AI investments are delivering measurable business outcomes, the changing role of the CX leader, enterprise AI agents, frictionless customer journeys and lessons from CEM Africa Awards-winning teams.

The afternoon broadens the conversation into customer intelligence, Voice of Customer, Agentic AI, digital trust and human reassurance, alongside a dedicated discussion on how African contact centres and BPO operators are positioning themselves to compete globally.

Later sessions place the human experience firmly back at the centre of CX. Leaders will explore employee wellbeing, emotionally intelligent journey design, empathy in an AI-enabled environment, customer-centric culture and how to lead CX teams through continuous change.

The final workshop block tackles the commercial realities of CX, including moving from NPS to P&L, improving checkout conversion, connecting customer, employee and digital experience, driving loyalty through hyper-personalised research and the realities of stepping into senior CX leadership.

Day One closes with Matchmaking and Happy Hour, followed by the CEM Engage Party, creating further opportunities for delegates, speakers, partners and solution providers to continue conversations and build meaningful industry relationships.

Thursday, 20 August – Day Two

Day Two turns the focus towards human impact, business value and the future direction of customer experience in Africa.

The main stage opens with Zahirah Variawa’s motivational keynote, “The Moments People Remember: Why the Experiences We Create Matter More Than We Think”, followed by Rashid Toefy on designing better citizen experiences and building trust through public services.

A QuestionPro and Metropolitan fireside chat explores the use of AI within Voice of Customer programmes, while Katie Stabler and Debi Potgieter’s “What the Fluff?” challenges the industry to examine whether CX initiatives have genuine substance when put under pressure.

The morning also features the CEM 2026 Advisory Board Panel, bringing together leaders from across Africa to examine the future of CX through the lenses of trust, technology, business value and human connection, before Martin Urrutia, Head of Global Retail Experience at The LEGO Group, takes to the stage for the keynote “Experience Is the Brand.”

The afternoon workshop programme moves from strategy into execution.

Sessions will explore AI-powered WhatsApp journeys, voice AI in the South African market, the point at which brand promises break down, self-improving human and AI service models and how CX leaders can prove ROI in language that resonates in the boardroom.

The final workshop block looks further ahead. Delegates can explore CX designed for measurable ROI, the Future African Customer 2030, organisational trust, scalable experience design, the risks of poor AI, emerging CX research and Human First experience design.

The programme then closes with WiN CX Africa: Women Shaping Excellence in Every Experience, bringing together female leaders to explore how cultures of safety, trust and inclusion shape stronger customer and employee experiences.

Across both days, the programme reflects the central theme of CEM Africa 2026: Trust, Technology and the Human Future of CX in Africa, with a clear emphasis on moving beyond theory towards customer experience strategies that create stronger relationships, better operational outcomes and measurable business value.

More than a conference programme

Alongside the conference and workshops, attendees will have access to the CEM Africa exhibition, Expo Spotlight Stages, technology demonstrations, networking functions and opportunities to engage directly with CX solution providers and peers facing similar transformation challenges.

For senior leaders, the value lies not simply in hearing what is changing, but in comparing approaches with peers, interrogating technology choices, finding practical solutions and building relationships across Africa’s customer experience community.

CEM Africa’s broader 2026 positioning – “Excellence in Every Experience: Shaping the Future of Customer Engagement Across Africa” – reflects an industry that is increasingly being asked to connect customer experience directly to business growth, loyalty, trust and resilience.

With the event now days away, CEM Africa 2026 offers organisations a timely opportunity to understand where customer experience is heading next — and what leaders need to do now to stay relevant.

CEM Africa 2026 takes place from 18–20 August 2026 at the Century City Conference Centre in Cape Town, South Africa.

For the latest programme, speaker line-up and delegate availability, visit https://apo-opa.co/4zgt0bJ.

Distributed by APO Group on behalf of VUKA Group.

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KoçSistem Leads Türkiye’s Information Technology (IT) System Integrator for the Eighth Consecutive Year as KoçDigital Wins Top Artificial Intelligence (AI) Award

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15 hours ago

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August 14, 2026

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KoçSistem

KoçSistem ranked first in ICT 500’s main system integrator category for an eighth consecutive year, while KoçSistem and KoçDigital recorded 10 category wins as KoçSistem expands its MENA operations through Dubai and Riyadh

ISTANBUL, Türkiye, August 9, 2026/APO Group/ –KoçSistem (www.KocSistem.com.tr), a Türkiye-based technology company, ranked first in the main Information Technology Systems Integrator and Business Partner category of the 27th ICT 500, the country’s most comprehensive ICT (information and communication technology) sector research.

 

The company announced that the eighth consecutive category lead, as well as 10 combined category wins for KoçSistem and KoçDigital, support its MENA growth through offices in Dubai and Riyadh.

“Securing this leadership for an eighth consecutive year in ICT 500 is a strong reference for our leadership position in Türkiye,” said Mehmet Ali Akarca, General Manager of KoçSistem. “It also supports our objective of growing in international markets. We are pleased to take the technology expertise and operational capabilities we developed over many years in Türkiye to the MENA region.”

Ten category wins across two companies

KoçSistem’s eight first-place results covered the main system integrator category and areas including consulting, cloud, hosting management, cybersecurity, managed services and data backup and storage hardware.

With over 80 years of experience, we aim to create long-term value for the region’s digital ecosystem

KoçDigital added two first-place results in data warehousing and business intelligence software, and artificial intelligence under the “Contribution to Türkiye’s Economy” category.

ICT 500 ranks Türkiye’s largest ICT companies

ICT 500 is BThaber’s annual ranking of Türkiye’s 500 largest ICT companies by revenue, with additional tables covering operating categories. The latest edition assessed 2025 data and marked the study’s 27th year.

The research reported that the combined 2025 revenue of the 500 ranked companies reached TRY 1.6 trillion, up 40 per cent from 2024.

MENA growth through Dubai and Riyadh

KoçSistem opened offices in Dubai and Riyadh in 2024 and continues to develop its MENA business in AI, cloud, cybersecurity, data analytics and managed services.

The offices extend a regional initiative outlined at GITEX Dubai 2024, when KoçSistem described Dubai as a base for developing customer and partner relationships across the Gulf and wider MENA markets.

“With over 80 years of experience, we aim to create long-term value for the region’s digital ecosystem,” Akarca concluded.

Distributed by APO Group on behalf of KoçSistem.

 

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Venezuela Global Investment Forum to Showcase Major Investment Opportunities at African Energy Week (AEW) 2026

Published

15 hours ago

on

August 14, 2026

By

African Energy Chamber

The forum will strengthen investment ties between Venezuela and Africa while advancing South-South energy cooperation

CAPE TOWN, South Africa, August 7, 2026/APO Group/ –The Venezuela Global Investment Forum will take place during African Energy Week (AEW) 2026 in Cape Town from October 12 -16, bringing together senior Venezuelan government officials, national oil company leadership, international energy executives, financiers and commodity traders to showcase one of the world’s most significant energy market reopening while creating a direct pathway for global investment into Venezuela’s rapidly evolving hydrocarbons sector.

 

Organized as a flagship feature of AEW 2026, the Venezuela Global Investment Forum underscores the growing momentum behind the country’s energy sector reforms and its renewed engagement with international investors. More than a traditional conference session, the Forum will connect investors directly with bankable upstream, natural gas, infrastructure and power opportunities by showcasing Venezuelan projects alongside some of Africa’s largest energy developments in the AEW Deal Room.

Following sweeping reforms to the country’s Organic Hydrocarbons Law earlier this year, Venezuela has introduced one of its most comprehensive investment overhauls in decades. The reforms expand opportunities for private operators, establish new production participation contracts, introduce more competitive fiscal terms and strengthen international arbitration mechanisms aimed at reducing investment risk and restoring confidence among international capital providers.

Venezuela is opening a new chapter for its energy industry

“Venezuela is opening a new chapter for its energy industry. The reforms underway are creating a more competitive and attractive investment environment and the Venezuela Global Investment Forum at AEW 2026 provides the ideal platform for international investors to engage directly with decision-makers and explore the opportunities emerging across the country’s oil, gas, infrastructure and power sectors,” says NJ Ayuk, Executive Chairman, African Energy Chamber.

These reforms are already reshaping the investment landscape. The government is targeting crude production of 1.4 million barrels per day (bpd) by the end of 2026 after output recovered to approximately 1.2 million bpd during the first half of the year. Beyond oil production, Venezuela is advancing a broader strategy centered on natural gas monetization, offshore development, infrastructure rehabilitation and power sector modernization, creating opportunities across the entire energy value chain.

Throughout the Forum, delegates will hear directly from ministers, senior government officials, national oil company executives, international operators, development finance institutions, commodity traders and technical leaders responsible for implementing Venezuela’s new investment framework. Discussions will focus on expanding upstream investment, accelerating natural gas development, modernizing infrastructure and creating long-term partnerships that support Venezuela’s renewed role in global energy markets.

The forum also reinforces the strategic relationship between AEW 2026 and Venezuela Energy Week, which will take place in Caracas from February 22-25, 2027. Together, the two events form a coordinated international investment campaign that begins by introducing global investors to Venezuela’s reformed investment environment in Cape Town before continuing in Caracas, where commercial negotiations, technical engagement and project execution will move toward final investment decisions.

As global energy markets continue to prioritize supply security, infrastructure investment and new sources of production growth, Venezuela is positioning itself to re-establish its role as a major international energy supplier. Through the Venezuela Global Investment Forum at AEW 2026, investors will gain an unparalleled opportunity to engage with the country’s new investment framework, evaluate commercially attractive projects and build partnerships that support Venezuela’s return to global energy markets while strengthening cooperation between Africa and Latin America.

Distributed by APO Group on behalf of African Energy Chamber.

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