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African Green Revolution Forum (AGRF), Heifer International and Generation Africa Announce Pitch AgriHack 2022

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Pitch competition awards cash prizes to youth technology innovators in Africa’s agriculture and food sectors

NAIROBI, Kenya, June 20, 2022/APO Group/ — 

AGRF, Heifer International and Generation Africa today announced the launch of Pitch AgriHack 2022, marking the second year the organizations have come together to provide cash grants that accelerate entrepreneurial growth and job creation in Africa’s agriculture sector. Pitch AgriHack identifies innovative youth-led businesses with technological solutions to food security challenges, awarding the most impactful businesses with cash grants, media visibility and investor exposure.

Pitch AgriHack is about promoting digital jobs and smart technologies that appeal to the youth. This competition calls on the innovative minds of Africa to empower themselves and their communities by harnessing and developing ground-breaking technologies in the agrifood sector,” said Dickson Naftali, Head of Generation Africa. “We see a bright future on the horizon for the youth of Africa. Generation Africa, with the help of its partners like Heifer International, is working tirelessly to smooth out the obstacles that have traditionally prevented young people from embracing opportunities in the agriculture and food value chain.” 

During Pitch AgriHack 2022, US$45,000 in prizes will be awarded to six winners in three open competition categories. Businesses can compete as Early-stage, Mature or Growth-stage, and Woman-led ventures. Farm equipment manufacturers, agricultural drone services for precision farming, data and analytics providers, mobile apps, online crowdfunding and finance platforms, e-commerce and logistics services, and more, have all featured strongly in previous Pitch AgriHack competitions.

This competition calls on the innovative minds of Africa to empower themselves and their communities by harnessing and developing ground-breaking technologies

“At Heifer International, we believe agriculture can be a major driver of economic growth and employment across Africa,” said Adesuwa Ifedi, Senior Vice President for Africa Programs at Heifer International. “African youth hold the key to unlocking this potential. Their innovation will transform the food and farming sector, providing new jobs and increasing food security. We were impressed with the young agritech entrepreneurs who pitched their businesses as part of last year’s competition, and we are excited to see the new innovations 2022 will bring.”

“There is a hope – a very real hope – that the youth of Africa will throw out the legacy problems created in the food system over the last 100 years and come up with tech-enabled, nature-positive solutions that fast-track Africa’s food production capacity to create jobs and make the continent self-sufficient,” said Dr. Agnes Kalibata, President of AGRA and Former Special Envoy to the UN Food Systems Summit “High-profile competitions that reach millions of young people, like Pitch AgriHack, is playing a big role in agriculture.

The Pitch AgriHack 2022 finals will see the Top 12 applicants face off in a business pitching contest at the African Green Revolution Forum Summit (AGRF) in September. Finalists will participate in the AGRF Agribusiness Deal Room, where over 800 companies, 15 government delegations and 150 public and private investors will convene to generate exciting new opportunities.

A fourth invite-only category known as the AYuTe Africa Challenge (https://AYuTe.Africa/), sponsored by Heifer International, will award up to US$1.5 million in grants to scalable ventures that are already generating measurable impact for Africa’s smallholder farmers. Winners from the 2022 AYuTe Africa Challenge will also be featured at the AGRF Summit.

Applications for Pitch AgriHack are open from 20 June 2022 to 29 July 2022 at https://bit.ly/3OdukUY. African founders or co-founders, aged 18-40, of technology-based and digital services businesses in the agriculture sector are eligible to enter the 2022 competition. The Top 12 applicants will be selected by an expert jury, followed by an award ceremony where three category winners and three runners-up will receive cash grants to grow their businesses.

Distributed by APO Group on behalf of AgriHouse Foundation.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

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