Connect with us
Anglostratits

Business

Africa Tech Festival 2024 celebrates the trailblazers shaping Africa’s tech future

Published

on

Africa Tech Festival

The final day of Africa Tech Festival 2024 also featured several keynote fireside discussions across the various event streams

CAPE TOWN, South Africa, November 18, 2024/APO Group/ — 

Africa Tech Festival (www.AfricaTechFestival.com) 2024 wrapped up last week, marking the most successful edition in the event’s 27-year history. Organised by Informa Tech, the event is Africa’s most extensive showcase of enterprise tech innovation, bringing together influential founders, business leaders, policymakers, investors, and startups.

Building on the momentum of the event’s first two days, the final day kicked off with an opening address by Alderman James Vos, Mayoral Committee Member for Economic Growth, City of Cape Town. Commenting on the host city’s standing as a leading tech hub hosting 51% of South Africa’s startups, he emphasised Cape Town’s focus on skills development in AI and tech in particular, reiterating his excitement at “making Cape Town a focal point for African innovation and setting an example of how tech can empower communities and social change.”

LeadersIn Africa Summit

Preceding the main event, the by-invitation LeadersIn Africa Summit was an exclusive VIP series of executive discussions designed to facilitate actionable dialogue between 100 of the continent’s most influential tech players. Panel sessions, fireside chats, networking events, and roundtables provided a platform for sharing insights and collaborating on solutions to Africa’s tech challenges. Topics ranged from emerging technologies to AI for startups, ESG, regulatory frameworks, fundraising strategies, and support for founders and investors.

Skills development and knowledge sharing

The final day of Africa Tech Festival 2024 also featured several keynote fireside discussions across the various event streams. Skills development was a theme of the day, including a masterclass session on AI content creation, a security fundamentals certification training session, and a technical workshop where participants worked in groups to develop scaling strategies for AI pilot projects.

We’re proud of the progress made in opening dialogue, sharing insights, and working together to advance Africa’s digital transformation journey

Key Highlights

The USAID Young African Leaders Initiative(YALI) hosted the YALI Alumni Expo and Trade Show running alongside Africa Tech Festival. The YALI Expo  connected and celebrated YALI alumni making positive change in their communities by creating  these networking opportunities and showcasing innovations for sustainable impact.

One of the key topics focused on the gender gap and a panel discussion on day 4 centred around   Empowering Female Founders: Narrowing the Gender Gap in Venture Capital.  The challenge that female-founded companies face is that only 16% of tech funding and 8% of total funding go to these companies due to biaslack of female representation among venture capital decision-makers or insufficient diversity in teams and investment criteria. It was proposed that female representation in venture capital leadership needed to be increased, more training and support was essential to encourage female founders to build networks and strengthen pitch preparation and business strategies.

The Africa Tech Festival Awards took place on the penultimate  night,  at the Bay Hotel in Camps Bay, Cape Town. The awards celebrated the  exceptional technological advancements and expertise across the continent and highlighted the pioneering work that is transforming lives and industries across Africa, inspiring future innovation and growth. Some of the winners included:

  • Telco of the Year: MTN Ghana 
  • Innovation for Impact: WIOCC Group 
  • CXO of the Year: Patrick Benon, Orange Cameroon 
  • Changing Lives Award: Orange Burkina Faso 
  • Creative Visionary Award: Brighton Mhlongo 
  • AIConics Award: GRIT – Gender Rights in Tech 

“Africa Tech Festival 2024 exceeded our expectations in terms of engagement, active participation by key industry stakeholders, and the sheer scale of the event. As we wrap up the 2024 event, we’d like to express our gratitude to all our sponsors and supporters, with special mention to the Department of Communications and Digital Technologies and the City of Cape Town. 

As the largest and most influential telecoms and technology event in Africa, with an audience that spans the entire ICT ecosystem, we’re proud of the progress made in opening dialogue, sharing insights, and working together to advance Africa’s digital transformation journey,” said Informa’s James Williams, Event Director of Africa Tech Festival.   

Visit the AfricaTech Festival website (https://apo-opa.co/4hPy9P7) for more details.

Distributed by APO Group on behalf of Africa Tech Festival.

Events

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

Published

on

Debate

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.

Continue Reading

Business

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

Published

on

CLG

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.

 

Continue Reading

Business

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

Published

on

ITFC

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).

Continue Reading

Trending