Connect with us
Anglostratits

Business

Africa Takes Centre Stage as the Gender Hub for Mainstreaming Success

Published

on

Gender Mainstreaming Awards

The Gender Mainstreaming Awards, held annually, honour those who have made tangible contributions to gender mainstreaming

JOHANNESBURG, South Africa, March 4, 2024/APO Group/ — 

The Gender Mainstreaming Awards, a powerful indicator of progress towards gender mainstreaming in the corporate world, proudly returns for its 12th event across Africa. Developed by Business Engage (www.BusinessEngage.africa), these awards inspire private corporates to champion gender mainstreaming as a strategic imperative. The Awards also recognise individuals who are contributing to this success.

This year, in collaboration with Johannesburg Stock Exchange (JSE), RCL FOODS, AECI, Assupol and Rand Merchant Bank, the 2024 Gender Mainstreaming Awards are set to elevate Africa as the focal point of gender mainstreaming success.

The Gender Mainstreaming Awards, held annually, honour those who have made tangible contributions to gender mainstreaming. The winners and finalists have consistently demonstrated their unwavering commitment to fostering diversity, equity, inclusion, and belonging in the African business arena.

The JSE, RCL Foods, AECI, Assupol and Rand Merchant Bank in partnership with Business Engage invite you to participate in the celebration of gender mainstreaming by nominating outstanding individuals and corporates for the 12th Gender Mainstreaming Awards, scheduled for 31 October 2024. Entries are open to corporates and individuals across various categories, reflecting the diversity of your company’s commitment to gender mainstreaming. For more information, visit www.GenderAwards.com.

Vuyo Lee, Director of Marketing and Corporate Affairs at the JSE, stresses, “As a key contributor to the functioning of the South African economy, at the JSE, we believe that promoting gender equality is not only a moral imperative; it is an economic necessity.  By recognising and celebrating the efforts and achievements of companies that prioritise gender equality, the Gender Mainstreaming Awards promote principles of inclusivity, diversity, and representation, ultimately fostering sustainable economic growth and shared prosperity”.

Tasmin Coleman, HR Director: Diversity and Inclusion, Growth and Groceries & Spreads commented. “We are proud to be a sponsor of this year’s 12th Africa Gender Mainstreaming Awards, celebrating individuals and corporates who have made a tangible impact on achieving Diversity, Equity, Inclusion, and Belonging. Aligned with our purpose of “Growing what Matters,” RCL FOODS is committed to advancing gender empowerment through various initiatives within our organization. Our commitment extends to improving gender representation at leadership levels and fostering a culture that is both diverse and inclusive for all”.

By recognising and celebrating the efforts and achievements of companies that prioritise gender equality, the Gender Mainstreaming Awards promote principles of inclusivity

The Gender Mainstreaming Awards extend their reach across East, West, and Southern Africa, crowning an overall Africa Champion. In 2023, simultaneous in-person events across different African regions showcased the Awards’ growing influence, with thousands of attendees celebrating gender mainstreaming success. This continental approach aims to position Africa as the gender hub for exporting stories of gender mainstreaming to the world.

AECI’s Group Chief People Officer, Khabonina Ramoupi, added “As part of our ongoing commitment to gender equality and inclusion, AECI is proud to announce our partnership with Business Engage. This sponsorship reflects our dedication to advancing gender mainstreaming in our organization, our industry and beyond.  Gender mainstreaming is a key focus for our Sustainability journey and enables us to build a more diverse, robust workforce for a more peaceful, prosperous sustainable future.  We are excited to be part of the annual Gender Mainstreaming Awards and look forward to the positive impact it will have on advancing gender equality”.

The Gender Mainstreaming Awards comprise 9 private sector categories for corporates, highlighting achievements in areas like board representation, workplace empowerment, disability, entrepreneurship, disability, and community engagement.  There are also three individual categories, the Inclusive Leader Award, Positive Role Model and RMB’s Africa’s Fearless Thinker Awards.

“Diversity has become a critical differentiator and an essential part of providing excellent service, not matter what sector you operate in. Cultivating an environment in which gender inclusivity is intrinsic in everything we do is key, and it is important to acknowledge the role that all genders play in successful business,” says Nana Phiri, Head: Corporate Client Group at RMB.

Bridget Mokwena-Halala, CEO of Assupol, highlights the importance of gender equality in all spheres of corporate. “Assupol is a big supporter of gender equality and actively promotes diversity in the workplace. We believe that everyone should have equal opportunities and be treated fairly, regardless of their gender or background. This is why we are proud to be involved in the 2024 Gender Mainstreaming Awards which recognise organisations that prioritise inclusivity and gender equality in their operations.”

As we continue the journey of gender mainstreaming, Colleen Larsen of Business Engage asserts, “We believe the best way to influence change is to strengthen and grow the current conversation, then couple that with deliberate actions.”

Distributed by APO Group on behalf of Business Engage.

Business

Afreximbank Posts Robust Q1 2026 Results with 25% Growth in Net Income and Improved Profitability

Published

on

Afreximbank

The results demonstrate continued resilience, disciplined balance sheet management and strong deal execution despite a challenging global operating environment

The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate

CAIRO, Egypt, May 22, 2026/APO Group/ –African Export-Import Bank (“Afreximbank” or the “Bank”) (www.Afreximbank.com) and its subsidiaries (the “Group”) announced its results for the three months ended 31 March 2026. The results demonstrate continued resilience, disciplined balance sheet management and strong deal execution despite a challenging global operating environment.

 

The Group continued to expand its lending activities in Q1 2026, resulting in total credit exposure growing by 2% to reach a portfolio of US$42 billion, up from US$41 billion as of 31 December 2025. This performance reflects Afreximbank’s leading role as a Development Finance Institution (DFI) in financing trade and trade-enabling infrastructure, and its strategic contribution to economic resilience across Africa and the Caribbean.

Average loans and advances for Q1 2026 stood at US$32 billion, up 8% compared to the same period in the prior year, driving the recorded growth in interest income. The Group’s liquidity position remained strong, with cash and cash equivalents of US$5.6 billion, representing 14% of total assets, consistent with FY2025 and above the Bank’s strategic minimum.

Asset quality also remained strong, with the non-performing loan (NPL) ratio at 2.40%, broadly in line with 2.43% at FY2025 and below industry average.

Shareholders’ funds increased to US$8.6 billion at 31 March 2026, up from US$8.4 billion at FY2025, supported by internally generated capital of US$268.9 million and new equity investments received during the quarter, underscoring the Bank’s continued ability to mobilise capital from its shareholders in support of its growth and development mandate.

The Group delivered strong profitability during the quarter.  Notwithstanding declining benchmark rates, total interest income rose by 14% year-on-year to reach US$813.6 million, while net interest income increased by 24% to US$510.0 million, compared with US$411.2 million in the first quarter of 2025. The Group’s cost-to-income ratio remained contained at 19%, well within the Group’s strategic ceiling of 30%. As a result, Profit for the period increased to US$268.9 million, up from US$215.4 million in Q1 2025.

The Group continued to maintain a strong capital position, with a capital adequacy ratio of 23% as at 31 March 2026, in line with the Bank’s long-term capital management targets.

During the quarter, Afreximbank continued to demonstrate its counter-cyclical role in response to external shocks. In March 2026, the Bank launched a US$10 billion Gulf Crisis Response Programme to help member countries mitigate adverse spillover effects from the Gulf crisis. The facility is designed to support liquidity, stabilise trade and payments, and address supply-side disruptions, particularly in energy, tourism and aviation, fertilisers, food and other critical imports.

The Bank also continued to deploy targeted financing and advisory support to strengthen trade flows, industrial capacity and economic resilience across Africa and CARICOM. Regional integration received further momentum following South Africa’s ratification of the Bank’s Establishment Agreement in February 2026, bringing one of Africa’s largest and most diversified economies into the Bank’s membership and giving the Bank full continental coverage.

Highlights of the results for Afreximbank Group are shown below:

Financial Performance Metrics

Q1’2026

Q1’2025

Gross Income (US$ million)

874.1

784.9

Net Income (US$ million)

268.9

215.4

Return on average equity (ROAE)

13%

12%

Return on average assets (ROAA)

2.62%

2.38%

Cost-to-income ratio

19%

16%

 

Financial Position Metrics

Q1’2026

FY’2025

Total Assets (US$ billion)

41.7

42.3

Total Liabilities (US$ billion)

33.0

33.9

Shareholders’ Funds (US$ billion)

8.6

8.4

Non-performing loans ratio (NPL)

2.40%

2.43%

Cash/Total assets

14%

14%

Capital Adequacy ratio (Basel II)

23%

          23%

 

Mr. Denys Denya, Afreximbank’s Senior Executive Vice President, commented:

“Against a backdrop of continued global uncertainty, heightened geopolitical risks and tight financial conditions, the Group delivered a resilient first-quarter performance, underpinned by disciplined balance sheet management, sound asset quality and strong capital and liquidity buffers. The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate. Our swift launch of the US$10 billion Gulf Crisis Response Programme further underscores Afreximbank’s counter-cyclical role in supporting member countries during periods of disruption. We remain focused on stabilising trade flows, easing liquidity pressures and advancing the industrial and economic transformation of Africa and the Caribbean.”

Distributed by APO Group on behalf of Afreximbank.

Continue Reading

Business

Via Licensing Alliance Expands Voice Codec Program with New Licensee, New Licensors, Publishes Comprehensive Pool Rate Structure

Published

on

Via Licensing Alliance

SAN FRANCISCO, CALIFORNIA, UNITED STATES – Media OutReach Newswire – 22 May 2026 – Via Licensing Alliance (Via) today announced continued momentum for its Voice Codec patent pool, including the addition of a new unnamed licensee and new licensors, NovaVoice Limited and Cordial IP, further growing the program’s patent stack and market penetration from its initial five, large global licensors.

The addition of the new licensee, unnamed at this time, reflects growing industry adoption of the collaborative licensing pathway Via’s Voice Codec program creates for accessing IP rights to critical voice technologies. This addition reflects a growing market uptake of advanced voice technologies, including EVS and IVAS, driven by rising demand as 5G and 5G-Advanced technologies are adopted worldwide.

Additionally, Via continues to prioritize transparency and has published its full rate structure for the Voice Codec pool, providing further clarity and predictability for implementers and to the broader market. For implementers, the full rate structure allows for complete visibility as they consider the appropriate royalty structure to choose from to meet their product level costs, evaluate future growth paths for their product lines, or plan their geographical expansion plan needs. This level of disclosure not only reduces uncertainty in licensing decisions but also enables more consistent benchmarking, reinforcing confidence in fair, market-aligned SEP licensing practices. The program’s royalty rates are listed on Via’s website at https://www.via-la.com/licensing-programs/voice-codec/#license-fees.

The addition of the new licensors indicates increased interest from patent holders in licensing their voice technology SEPs through highly efficient, aggregated licensing vehicles such as patent pools. Future growth in both the licensor list and the number of patents consolidated through the pool license will continue to enhance the value of the Voice Codec License for implementers. Via’s Voice Codec program licensors are listed here: https://www.via-la.com/licensing-programs/voice-codec/#licensors.

Via’s Voice Codec pool covers Enhanced Voice Services (EVS), which supports voice communications across more than one billion and growing active devices globally, as well as Immersive Voice and Audio Services (IVAS), which will play a central role in next-generation voice and spatial audio applications.

“We are pleased to welcome these new entrants to our pool, which signal continued growth and momentum our Voice Codec program,” said Kevin Mack, President of Via Licensing Alliance. “This pool license offers strong value relative to other market options and represents the only collaborative licensing solution for EVS and IVAS technologies, making it a smart and efficient pathway for companies seeking to license critical voice capabilities.”

EVS remains a foundational technology for high-quality voice communications in 5G and 5G-Advanced networks, with adoption continuing to expand as 5G, 5G-Advanced and future network iterations reach global scale. As spatial audio and advanced voice technologies expand into 6G and a broader range of non-cellular devices, the importance of IVAS technologies is expected to increase, with Via’s pool offering an early and effective licensing pathway.

For more information about the Voice Codec patent pool, including information for prospective licensees, please visit https://www.via-la.com.

About Via Licensing Alliance:
Via Licensing Alliance is the collaborative licensing leader, dedicated to accelerating global technology adoption, fostering participation, and generating return on innovation with balanced licensing solutions for innovators and manufacturers of all sizes around the globe. Via has operated dozens of licensing programs for a variety of technologies. Via is an independently managed company owned by industry-leading participants with over 25 years of intellectual property licensing leadership. For more information about Via, please visit https://www.via-la.com.

 

Continue Reading

Business

Joint statement welcoming the Republic of Togo’s announcement on Visa facilitation for African nationals

Published

on

Togo

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda

LOMÉ, Togo, May 21, 2026/APO Group/ –The AfCFTA Secretariat and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcome the announcement by the Government of the Republic of Togo, under the leadership of H.E. Faure Essozimna Gnassingbé, President of the Council of the Republic of Togo, regarding measures to facilitate visa-free entry for all nationals of African States holding valid passports, as announced by the Minister of Security on 18 May 2026.

The announcement was made in Lomé on the sidelines of Biashara Afrika 2026, the continent’s premier trade and business platform, which has brought together policymakers, private sector leaders, investors, and stakeholders from across Africa to advance dialogue on intra-African trade, investment, and regional integration.

Throughout the engagements, participants underscored the importance of facilitating the movement of African citizens, entrepreneurs, and investors as an important enabler of intra-African trade and economic cooperation. Against this backdrop, the announcement reflects the growing continental momentum towards strengthening connectivity and deepening African integration.

The AfCFTA Secretariat and Afreximbank, to which Togo is a State Party and a Member State, envision a continent where goods, services, capital, and people move more freely across borders in support of an integrated African market. Measures that facilitate mobility and connectivity continue to contribute towards advancing the broader mandate of both institutions; the attainment of the aspirations of Agenda 2063.

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda.

Distributed by APO Group on behalf of Afreximbank.

Continue Reading

Trending