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African Energy Week (AEW) 2024: Cross-Continental, Regional Collaboration Key to Reduce Supply Chain Disruptions

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African Energy Week

Cross-continental and regional collaboration is essential to mitigate supply chain disruptions impacting Africa’s trade routes, as highlighted by industry leaders during an Africa Global Logistics sponsored session at AEW: Invest in African Energies 2024

CAPE TOWN, South Africa, November 10, 2024/APO Group/ — 

Most of Africa’s trade is carried out via sea routes. Geopolitical conflicts, however, including the war in Ukraine and attacks on commercial shipping vessels in the red sea, have caused detours and delays, impacting on maritime trade to and from Africa.

This new wave of disruption follows the unprecedented global logistics crunch caused by the COVID-19 pandemic. According to United Nations Trade and Development (UNCTAD), this compounds the challenges caused by reduced ship transits in the Panama Canals where water levels have been impacted by drought.

During a panel discussion at African Energy Week (AEW): Invest in African Energies 2024, sponsored by logistics and port operations company Africa Global Logistics (AGL), valuable insights were shared on how to mitigate some of the impacts of supply-chain disruptions and how to proactively navigate the evolving logistics landscape in Africa.

Ashutosh Singh, Head of Energy Transition at S&P Global Commodity Insights, set the tone of the discussion as the panel moderator. Panelists included Thomas Bonnetain, Oil & Gas Director at AGL; Dennis Malkoc, Business Development Manager at global shipping company Universal Africa Lines Netherlands B.V; Leonid Shlyakhturov, Executive Director of “FESCO Integrated Transport”, Rosatom; and Björn Larsson, Senior Project Manager at international subsea services company DOF Subsea.

Unpacking some of the more recent supply chain disruptions being experienced, Bonnetain noted a surge in the cost of international transport to bring material into Africa and much longer lead times to bring equipment to project sites. Disruption of the Suez Canal has led to the rerouting of vessels around the African continent, causing delays at African ports due to a rise in demand for port services. This results in increased project costs and causes project delays in Africa, said Bonnetain.

Active in 47 African countries, AGL operates in energy, mining, and power generation sectors across the continent. Bonnetain said Africa is in desperate need for investment to modernize its logistics network and build capacity at ports, on road and via rail. To assist the modernization of Africa’s logistics infrastructure, AGL has an over $500 million investment plan each year, and is a primary player in public-private partnerships in Africa to help the continent’s much needed transformation, Bonnetain said.

We are at the heart of African transformation

AGL has also invested in the Port of Lobito – the second largest port in Angola – to increase the attractiveness of the terminal and to contribute to the economic and social development of the region. “We are at the heart of African transformation,” Bonnetain said.

Speaking on some of the challenges faced at African ports, Malkoc said that commercial ports owned and operated by local port authorities “are a big concern for us”, citing delays and quay congestion resulting in higher cargo costs. This is due to a lack of investment and organisation at the port, he believes.

Offering a practical example of how Africa could reduce supply chain disruptions and make trade more efficient, Shlyakhturov used China and Russia’s cross-continental collaboration as a model that Africa could adopt to improve both regional trade as well as cross-continental trade. He said trade between China and Moscow is supported by five diversified routes between the countries including road, sea, and rail trade routes.

Elaborating on how to streamline trade with Africa, Larsson said the harmonization of regulatory frameworks along shipping routes, specifically for the movement of equipment, personnel, oil and gas and energy products via sea, would go a long way.

The panel discussion formed part of AEW: Invest in African Energies’ ‘Energy Transition Summit’. The summit aims to address African countries’ diverse challenges and opportunities, by highlighting the critical pathways to achieve a balanced and equitable energy future in Africa.

AGL is a Diamond Sponsor of the AEW: Invest in African Energies 2024 conference, which is being held in Cape Town this week.

Distributed by APO Group on behalf of African Energy Chamber.

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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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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.

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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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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.

 

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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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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).

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