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African Development Bank cuts sod for construction of permanent Country Office, cementing over five-decades of partnership with Zambia

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African Development Bank

The African Development Bank Group (www.AfDB.org) commenced construction of its permanent country office in Lusaka on Friday, marking a transformative milestone in the institution’s 54-year partnership with Zambia.

Since establishing its temporary country office in 2007 with just four staff members, the African Development Bank’s presence in Zambia has grown to 20 permanent staff. The Bank’s cumulative investment in Zambia now stands at $2.7 billion across multiple sectors, with a current active portfolio worth nearly $1 billion.

The groundbreaking event was attended by Finance and National Planning Minister Dr. Situmbeko Musokotwane; African Development Bank’s Vice President for Regional Development, Integration and Business Delivery, Nnenna Nwabufo; the Bank’s Director of Real Estate Management, Procurement and General Services, Gail Meakin, as well as other senior government officials, members of the diplomatic community, other development partners, and private sector chief executive officers.

The new office design incorporates cutting-edge sustainability features and wellness-focused design. It will house expanded operations while contributing to Zambia’s economic growth through job creation and business stimulation during both construction and operation. The building is expected to be completed by 2027. It will be a smart building with conferencing and staff wellness facilities, with low energy consumption, a wastewater recycling system, and large green spaces.

Dr. Musokotwane emphasized the significance of a permanent office. “This occasion is not just ceremonial – it’s a vote of confidence in our country, our government, and our people. It recognizes Zambia’s commitment to forge a better future for Africa.”

The Minister thanked the African Development Bank for providing much-needed financial support during Zambia’s development journey and conveyed the President of Zambia’s support for the Bank’s decision to establish a permanent office building and continued development work in the country.

“The African Development Bank’s support has produced many positive results in sectors such as transport, agriculture, water and sanitation, and energy.  This shows the Bank’s commitment to deliver on its vision for the African continent,” the Minister said. “AfDB’s support to Zambia has been instrumental in supporting the country’s development goals espoused in the national development plans, which emphasize, among others, the need to build resilient infrastructure, promote inclusive and sustainable industrialization, and foster innovation in all the sectors of the economy.”

This new office demonstrates our continued commitment to strengthening our partnership with Zambia

Musokotwane listed some of the Bank’s transformative work in Zambia, singling out the Kazungula Bridge Project (https://apo-opa.co/4jORboP), for special commendation.

“We also wish to take this opportunity to commend the Bank for the support rendered to Africa. Through the Bank, major projects have been implemented both at country and continent level to support regional integration in Africa. Key among the projects implemented is the Kazungula bridge project, which is a major infrastructure initiative that involves constructing a road and rail bridge connecting Zambia and Botswana.”

Other notable projects in Zambia include the Integrated Small Towns Water and Sanitation project, the Lusaka Sanitation Programme, Skills Development and Entrepreneurship Project, and the Multi-Purpose Small Dams Project.

Musokotwane urged the Bank to consider expanded support for regional drought recovery efforts, emphasizing the need for building economic resilience across the region. The Southern Africa region is still recovering from the devastating droughts of 2023-2024.

Nwabufo thanked the Government of Zambia for providing the prime land within Lusaka for the construction of the Bank’s country office.

“This new office demonstrates our continued commitment to strengthening our partnership with Zambia. We are here to stay – after all, the African Development Bank is your Bank,” said Bank Vice President Nwabufo.

She reaffirmed the Bank’s commitment, announcing a $250 million commitment to the transformative Lobito Corridor Development Project (http://apo-opa.co/4kY4CU7). The Lobito Corridor is a major economic route connecting the port of Lobito in Angola to the Katanga province in the Democratic Republic of Congo and the Copperbelt in Zambia. It encompasses the construction of the Zambia-Angola railway, the rehabilitation of the DRC segment of the railway with the establishment of a public-private partnership, and the upgrading and operationalisation of the Angolan railway.

The African Development Bank’s investments in Zambia continue to deliver impactful results:

  • The 923-meter-long Kazungula Bridge (https://apo-opa.co/44an9XL) project – supported by the African Development Bank Group with a US$ 81.6 million investment – has revolutionized cross-border trade, reducing transit times from 2.5 days to just half a day.
  • The Chinsali-Nakonde road rehabilitation and Nacala Road Corridor projects have similarly enhanced regional connectivity.
  • National water access has increased from 69% to 72% between 2015-2022, while sanitation coverage rose from 50% to 58%, providing 1.9 million additional people with improved water access.
  • Through the Bank’s agriculture sector, over 1.5 million households have seen their average annual incomes surge from US$320 in 2017 to US$1,300 in 2022. Agricultural productivity has soared, with maize production increasing from 2.9 million tonnes to 3.9 million tonnes and aquaculture output expanding from 20,000 tonnes to 76,000 Tonnes. The Bank’s interventions in the sector have generated approximately 500,000 jobs.
  • Following the Bank’s intervention in the social sector, including the $30 million Skills Development and Entrepreneurship Project, SME productivity and competitiveness have improved, leading to increased job creation. Eight industrial yards have been constructed in Chipata, Kasama, Mongu, Ndola, Solwezi, Lusaka, Mansa, and Kitwe, with the capacity to accommodate 172 SMEs across various light manufacturing sub-sectors.

The African Development Bank’s 2024-2029 Country Strategy Paper for Zambia focuses on two key priorities: enhancing private sector development through infrastructure investments and promoting agricultural value chains to support youth and women’s employment. This will guide the Banks’ interventions in Zambia for the stated period.

African Development Bank Country Manager for Zambia, Olaniyi Durowoju, noted that “the office would serve as a modern and efficient workspace, and a beacon of innovation and a vibrant hub for partnerships, and collaboration with the Bank’s stakeholders, enabling us better to serve our clients and the people of Zambia”.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

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Port Community Systems (PCS) as the crisis backbone: how trade disruption makes digital port infrastructure non-negotiable (By Alioune Ciss)

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Port Community Systems

With PCS, ports can dynamically allocate resources, adjust workflows, and reprioritize cargo flows using real-time data and coordinated processes

DUBAI, United Arab Emirates, May 19, 2026/APO Group/ —By Alioune Ciss, Chief Executive Officer, Webb Fontaine (https://WebbFontaine.com).

When global trade flows normally, Port Community Systems (PCS) are often viewed as efficiency tools. They digitize paperwork, connect stakeholders, reduce delays, and improve visibility across port ecosystems. However, the true impact and strategic importance of PCS become most apparent when a crisis hits.

Whether caused by geopolitical conflict, canal restrictions, rerouted shipping lanes, cyber risk, labor disruption, or sudden regulatory shifts, modern supply chain shocks remind us that ports without strong digital coordination struggle to adapt, whereas ports with robust PCS infrastructure are better positioned to keep cargo moving. In today’s environment, PCS has become a critical infrastructure.

Disruption is not an exception anymore

Global maritime trade has entered a more volatile era where disruption is structural. Let’s review the recent events to understand the scale of impact:

  • Around 2,000 ships were reportedly stranded during the recent Strait of Hormuz (https://apo-opa.co/4dii0lb) crisis.
  • The Red Sea crisis (https://apo-opa.co/4dz5gFA) led to more than 190 attacks on vessels by late 2024, forcing widespread rerouting and increasing transit times by up to two weeks.
  • The Suez-linked corridor (https://apo-opa.co/4dz5gFA), which carries roughly 10–12% of global maritime trade, experienced sharp volume declines during the disruption.
  • Supply chains across the Middle East, Africa, and Europe faced cascading effects, including congestion, cost increases, and schedule instability.

At the same time, the global port industry itself is undergoing rapid transformation. According to the International Association of Ports and Harbors (IAPH), ports are accelerating digitalization and strengthening resilience capabilities in response to geopolitical and operational uncertainty. This is the new reality: routes shift, volumes spike, and conditions change faster than traditional systems can handle.

Why PCS matters most during a crisis

When vessel schedules collapse, or cargo volumes suddenly spike, physical infrastructure alone is not enough. Cranes, berths, gates and yards also need coordination. That is where PCS becomes the backbone of resilience.

A PCS is not just a digital tool; rather, it’s a shared operational layer. It connects shipping lines, terminals, customs, freight forwarders, transport operators, and authorities through a single data environment, enabling synchronized decision-making across the ecosystem.

Instead of exchanges through emails, phone calls, Excel files, or siloed systems that generate delays and errors, the PCS enables seamless and real-time coordination.

1. Real-time visibility across the ecosystem

When vessels are delayed or rerouted, fragmented communication becomes a liability.

PCS enables real-time visibility across:

  • vessel arrivals and berth planning
  • cargo status and documentation
  • customs readiness and inspections
  • gate operations and inland logistics

Instead of fragmented updates, stakeholders operate from a shared, trusted data environment.

When shipping lanes shift overnight, policies change, and when uncertainty increases, the strongest ports are the ones that are the most ‘connected’

In a crisis, the speed of information becomes the speed of recovery.

2. Faster decision-making under pressure

Sudden disruptions create immediate operational stress:

  • surges in transshipment volumes
  • yard congestion risks
  • inspection bottlenecks
  • inland transport delays

Without digital coordination, responses are reactive and slow.

With PCS, ports can dynamically allocate resources, adjust workflows, and reprioritize cargo flows using real-time data and coordinated processes.

3. Customs and border continuity

Cargo cannot move if border agencies cannot move.

According to joint guidance from the World Customs Organization (WCO) and International Association of Ports and Harbors (IAPH), interoperability between Customs systems and PCS is essential for coordinated border management, risk control, and secure data exchange (https://apo-opa.co/3PLcs9P).

In crisis conditions, this becomes critical. Governments must introduce new controls, risk filters, or emergency procedures quickly, without disrupting trade flows. PCS enables this  balance.

4. Trust and transparency for the market

Importers, exporters, and carriers can tolerate disruption more than uncertainty. What they need is visibility.

PCS provides transparency across the supply chain, allowing stakeholders to track cargo status, anticipate delays, and plan accordingly. This transparency builds trust and reduces the systemic risk of panic-driven inefficiencies.

Operational resilience is the key

As we all know, the classic PCS discussions focus on key KPIs such as:

  • reduced turnaround time
  • fewer documents
  • lower administrative cost
  • faster truck processing

But today, the most important KPI is “readiness”: If a major trade corridor shifts tomorrow, can your port ecosystem adapt in real time?

To answer “Yes” to this question, a future-ready PCS should include:

  • real-time event management
  • integrated stakeholder communication
  • predictive congestion alerts
  • interoperability with customs and regulatory systems
  • scalable architecture for demand spikes

“For years, ‘efficiency’ was key when it comes to PCS. However, today, the key is ‘resilience’… When shipping lanes shift overnight, policies change, and when uncertainty increases, the strongest ports are the ones that are the most ‘connected’… Therefore, we should treat PCS as a crisis backbone of trade, not an IT efficiency initiative.
[Alioune Ciss, CEO, Webb Fontaine]

The Next Evolution: Intelligent PCS

PCS is now entering a new phase. Next-generation systems are evolving into data-driven platforms that support predictive analytics, AI-enabled decision-making, and proactive risk management (https://apo-opa.co/4eQ93Rg).

In other words, today, ports need systems that help orchestrate responses. Solutions such as Webb Ports (https://apo-opa.co/42F3gqq) from Webb Fontaine reflect this shift. By connecting all port stakeholders through a unified platform, anticipating congestion before it happens, simulating operational scenarios, and optimizing resource allocation dynamically, we enable faster coordination, better visibility and more agile responses when disruptions occur.

Distributed by APO Group on behalf of Webb Fontaine.

 

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Rand Refinery Joins African Mining Week (AMW) as Silver Sponsor Amid Regional Market Expansion Strategy

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Energy Capital

African Mining Week 2026 will showcase lucrative investment, partnership, and knowledge-exchange opportunities across Africa’s gold downstream sector, as Rand Refinery intensifies its investment and expansion strategy across the continent

CAPE TOWN, South Africa, May 19, 2026/APO Group/ –Amid a strategy to expand from a South Africa-focused refiner into a pan-African downstream leader, Rand Refinery has joined African Mining Week (AMW), an Influential African Mining Conference, scheduled for October 14-16, 2026 in Cape Town, as a silver sponsor.

Rand Refinery’s participation reflects a broader strategic alignment between the company’s expansion agenda and AMW’s focus on supporting and enabling local beneficiation and promoting artisanal and small-scale mining (ASM) responsible sourcing frameworks.

 

In terms of volumes, the latest market information indicates that Africa produces 1000tpa of mined gold (more than any other continent), with large-scale mining (LSM) and ASM being almost evenly balanced (500tpa production each). On its current trajectory, African ASM volumes are expected to eclipse those of LSM.

 

The focus on ASM as a transformational imperative is valid, and Rand Refinery is an active participant in the precious metals supply chain, working alongside other upstream and downstream actors to ensure that the communities and countries with gold resources benefit in a sustainable manner.

 

Under the theme Mining the Future: Unearthing Africa’s Full Mineral Value Chain, AMW 2026 offers a critical interface between refiners, miners, regulators, and financial institutions, as African countries intensify efforts to capture more value from responsible mineral production.

 

A key pillar of Rand Refinery’s 2026 strategy is its expansion into high-growth gold markets beyond South Africa. In January 2026, the company partnered with Ghana’s Gold Coast Refinery (GCR) to support the Ghana Gold Board to locally refine artisanal and small-scale (ASM) gold and elevate responsible sourcing standards in West Africa. The partnership also positions Rand Refinery in a rapidly growing and historically fragmented supply segment: ASM operations, enabling the company to enhance traceability and strengthen compliance with global standards for ethical sourcing and anti-money laundering.

 

The partnership potentially allows the monetization of ASM supply streams in the formal gold ecosystem, complementing Rand Refinery’s established role in refining output from responsible large-scale producers. AMW 2026 represents a timely platform for the company to provide an update on its projects and contribution to Africa’s gold sector.

 

As demand for regional refining capacity expands, along with central bank buying programs, companies such as Rand Refinery will be crucial.

 

Central bank gold purchases are projected to average around 585 tons per quarter in 2026, underscoring sustained global demand. In Africa, gold now accounts for approximately 17% of total reserves – up from less than 10% in 2022–2023 – while physical holdings increased from 663 tons in 2022 to an estimated 738 tons in 2025.

 

This upward trajectory is driving demand for trusted refining and value addition services, positioning Rand Refinery as a key partner in the region. Against this backdrop, AMW provides a strategic platform for central banks and gold buyers to engage directly with one of the world’s largest integrated single-site precious metals refining and smelting complexes and strengthen regional beneficiation and national reserve strategies.

 

At AMW, Rand Refinery executives will participate in panel discussions and networking sessions, engaging stakeholders on partnership opportunities that support a more integrated, transparent and value-driven African gold ecosystem.

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

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Applications open for the 2027 Meltwater Entrepreneurial School of Technology (MEST) Africa AI Startup Program

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Meltwater

Join a global community of AI entrepreneurs

ACCRA, Ghana, May 19, 2026/APO Group/ –The Meltwater Entrepreneurial School of Technology (MEST) (https://Meltwater.org), has opened applications for the second edition of the MEST AI Startup Program, a fully-funded, immersive experience designed to equip Africa’s most promising AI entrepreneurs with the technical, business, product, and leadership skills to build and scale globally competitive AI startups.

Over a seven-month training phase, the MEST AI Startup program will provide founders with hands-on instruction, technical mentorship, and business coaching from global experts to develop AI-powered solutions. The top startups will then advance to a four-month incubation period to refine products, sharpen go-to-market strategies, and secure market traction. At the end of incubation, startups have the opportunity to pitch for pre-seed investment of up to $100,000 and join the MEST Portfolio.

We are excited to support the next generation of African AI founders through training delivered by some of the most knowledgeable experts in the industry

The inaugural cohort brought together founders from seven African countries who are already building transformative AI solutions across industries. Building on the momentum of the first edition, the 2027 intake reflects MEST Africa’s continued commitment to ensuring African entrepreneurs play a defining role in the future of artificial intelligence.

According to Emily Fiagbedzi, AI Startup Program Director, the urgency of investing in African AI talent has never been greater.

“AI technology is advancing at an extraordinary pace, and meaningful participation in the global AI economy requires more than access to tools, it requires the ability to build,” she said. “This program is designed to help talented African founders develop solutions to real challenges while positioning them to compete globally. We are excited to support the next generation of African AI founders through training delivered by some of the most knowledgeable experts in the industry from organizations including OpenAI, Perplexity, Google, and Meltwater”

For the 2027 intake, the program is open to African founders based in Ghana, Nigeria, Senegal, and Kenya aged 21–35 with software development experience who want to start their own AI startup.

Apply now at https://apo-opa.co/3ReIQSI

Distributed by APO Group on behalf of The Meltwater Entrepreneurial School of Technology (MEST Africa).

 

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