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African Hidden Champions hosts Egypt’s top business leaders

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African Hidden Champions

Participants at the event included executive leadership of African Hidden Champion companies headquartered in Cairo

CAIRO, Egypt, June 23, 2023/APO Group/ — 

The African Hidden Champions (AHC) initiative (https://www.AfricanHiddenChampions.co/) has hosted its first “Dinner & Dialogue” in North Africa in Cairo, Egypt. The event is part of a series of regional events that the initiative is holding in key business hubs across Africa in 2023.

AHC, a co-partnership of Africa Foresight Group, DEG – Deutsche Investitions- und Entwicklungsgesellschaft (The German Development Finance Institution) and the African Development Bank, was founded in 2020 and now has more than 25 dynamic African firms in its network, supporting them by telling their stories, exposing them to new markets, and providing technical assistance.

The event took place on 19 June.

“We are very honoured to be hosting this regional forum with key players in the business sector of not only the country but also the North African region. We believe that African companies have the necessary leadership capacity and knowhow to conquer global markets,” said Yasmin Kumi, AHC Co – Founder and CEO Africa Foresight Group. Co-partner DEG representative, Wael Akari added that “North Africa is a vital part of the African economic growth story, so it is no surprise that several AHC firms are located in the region”.

Participants at the event included executive leadership of African Hidden Champion companies headquartered in Cairo.

Ahmed Ezz El – Din, Group CEO of Cleopatra Hospitals said the initiative represented recognition of his group’s unwavering commitment to excellence and to the growth and development of the Egyptian healthcare industry.

“We believe in the immense potential of Africa’s business landscape, and we are committed to actively contributing to its growth by sharing our expertise and best practices while fostering collaborations and partnerships that enhance healthcare outcomes across the continent. With Egypt’s strategic geographic location and its potential to serve as a regional hub, CHG is well-positioned to expand its reach and capitalize on business opportunities within Africa,” El Din added.

The growth of these enterprises and their participation in the global value chain in turn catalyzes their countries’ economies

The vice chairman of the Al Araby Group, an African home appliance brand with a footprint in several countries across the continent, said the firm was expanding its business further and aspired to become a global brand. Dr Mamdouh Al Araby told participants that the group which began operations in 1964, has a workforce of more than 40,000.

Dr. Ghada Abuzaid, Principal Industrial Program Coordinator represented the Bank Group’s Industrial and Trade Development Department which supports the acceleration of industrialization and private sector development in Africa through several flagship programs.

“To help African businesses grow and thrive beyond their borders, since 2015, The African Development Bank has channelled a total investment of $550 million in regional champion fertilizer producers and is committed to invest more than $3 billion in support of local and regional manufacturers to upscale their capacities, broaden their product lines and increase their industrial footprint beyond the borders,” Ghada said.

“The growth of these enterprises and their participation in the global value chain in turn catalyzes their countries’ economies,” she added.

The chairman of the Egyptian-African Businessmen Association, Dr Yousry El Sharkawi, described the event as a good opportunity to meet business owners, large companies and decision makers from the private sector.

“We believe in the bank’s effective private sector engagement and its innovative financial tools and as it plans to support industrial activities. It is worth noting that the meeting brought together a new and distinguished network that will produce a potentially diversified investment basket,” El Sharkawi said.

The event also received endorsements from other participants.

“African Hidden Champions is an initiative that we welcome, and we believe will be a driving force for the sustainable development of African businesses. This networking event was a good introduction to AHC and its goals and initiatives,” Gamal Farid, Orascom Construction Business Development Director, said.

AHC will announce the next cohort of winning Hidden Champion companies in the coming months.

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

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WezeshaAfricaKE launches a movement to unlock Africa’s untapped potential

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Built on the belief that potential exists everywhere, but opportunity does not, WezeshaAfricaKE seeks to unite businesses, governments, innovators, educators, investors, civil society and communities to remove barriers that prevent millions of Africans from contributing fully to society and the economy

My own journey taught me how quickly life can change and how easily potential can be overlooked when systems are not designed for inclusion

NAIROBI, Kenya, September 10, 2026/APO Group/ –WezeshaAfricaKE (www.WezeshaAfrica.org) today announced the launch of a bold Pan-African movement dedicated to unlocking one of the continent’s greatest but often overlooked assets – its people.

 




  

Built on the belief that potential exists everywhere, but opportunity does not, WezeshaAfricaKE seeks to unite businesses, governments, innovators, educators, investors, civil society and communities to remove barriers that prevent millions of Africans from contributing fully to society and the economy.

Founder Lillian Adero Agola says, “My own journey taught me how quickly life can change and how easily potential can be overlooked when systems are not designed for inclusion. WezeshaAfricaKE was born from a simple conviction that no one should be defined by their circumstances. This movement is about opening doors, creating opportunities and ensuring every African has the chance to realise their full potential. It is a call to action for Africa to recognise that its greatest natural resource has never been its minerals; it has always been its people.”

Connecting people to opportunities

WezeshaAfricaKE is a movement committed to unlocking opportunity through inclusion, innovation, entrepreneurship and economic participation.

We believe ability should never be defined by circumstance, and that every African deserves the opportunity to learn, work, build a business, contribute to society and live with dignity.

Its mission is to connect people, businesses and institutions to create practical opportunities that empower individuals, strengthen communities and grow Africa’s economy.

Because when people thrive, Africa thrives.

Across Africa, millions of talented people remain excluded, not because they lack ability, but because barriers in education, employment, finance, technology and infrastructure continue to limit opportunity.

These barriers cost individuals their futures. They also cost Africa its growth.

WezeshaAfricaKE believes inclusion is not charity but smart economics. Unlocking untapped potential creates jobs, drives innovation, expands markets, strengthens communities and accelerates sustainable development.

Globally, more than 1.3 billion people—around one in every six people—live with a disability, many of whom are of working age.

Research estimates that excluding people with disabilities from employment costs economies between 3% and 7% of Gross Domestic Product (GDP) through lost productivity and reduced labour participation.

In Kenya alone, disability exclusion has been estimated to cost the economy up to 6.95% of GDP annually.

These numbers tell a powerful story.

“The greatest opportunity before Africa is not simply creating new industries; it is ensuring that every person has the opportunity to contribute to them,” adds Agola. “When we unlock potential, we unlock economic growth.”

Why join the movement?

Africa cannot afford to leave talent behind. Because when one person succeeds, families prosper. When families prosper, communities grow. When communities grow, Africa grows.

WezeshaAfricaKE exists to create measurable and lasting impact by expanding access to employment; supporting entrepreneurship; promoting inclusive innovation; increasing financial independence; improving access to education and technology; building stronger families and communities; and restoring dignity through opportunity.

Together, we can create jobs, expand economic participation, build inclusive businesses and workplaces, support entrepreneurship and innovation, improve access to education and technology, influence policies that remove barriers, strengthen families and communities, and create generational wealth through opportunity.

A movement for everyone

The movement belongs to everyone and invites every African who believes talent should never be wasted. WezeshaAfricaKE calls on:

  • Businesses and employers
  • Entrepreneurs and innovators
  • Governments and policymakers
  • Investors and financial institutions
  • Schools, colleges and universities
  • Technology leaders
  • Development partners and NGOs
  • Community and faith-based organisations
  • Media and content creators
  • Youth leaders and volunteers

Real change happens when every sector plays its part.

Africa’s greatest resource has always been its people. “If you believe talent should never be limited by circumstance, that opportunity should be accessible to everyone and that Africa grows when all her people grow; then this movement is for you. Become a partner, an advocate, volunteer or employer of opportunity,” adds Agola. “Become part of WezeshaAfrica. Together, we can unlock potential, expand opportunity and build an Africa where everyone has the chance to thrive. We are leaving nobody behind.

Otherwise, why are we here?”

Follow the movement on Instagram @WezeshaAfricaKE and LinkedIn, or visit the website www.WezeshaAfrica.org

Distributed by APO Group on behalf of WezeshaAfricaKE.

 

 




 

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IsDBI and Awqaf Mauritius Foundation Organize International Waqf Conference to Advance Community Empowerment and Sustainable Development

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The three-day programme convened ministers and lawmakers, waqf founders and managers, diplomats, imams, legal practitioners, non-governmental organizations, community leaders, academics, youth representatives and members of the wider Muslim community

PORT LOUIS, Mauritius, September 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) and Awqaf (Mauritius) Foundation (AMF) successfully concluded the International Waqf Conference held in Port Louis, Mauritius, from 3 to 5 September 2026.

 




 
 

Organized under the theme “Reviving Waqf for Community Empowerment: Building Strong Waqf Foundations through Strategic Management, Good Governance and Sustainable Investment,” the conference provided a high-level platform to explore how waqf can be revitalized as a heritage institution and transformed into a modern driver of socio-economic development.

The three-day programme convened ministers and lawmakers, waqf founders and managers, diplomats, imams, legal practitioners, non-governmental organizations, community leaders, academics, youth representatives and members of the wider Muslim community. In addition to Mauritius, participants from Comoros, Madagascar, Malaysia, Singapore, Maldives, Mozambique, Reunion, Seychelles, South Africa, Tanzania and the United Kingdom attended the conference.

Participants examined the foundational principles of waqf, governance models, asset development strategies, investment approaches, practical solutions and examples, legal documentation and the role of waqf institutions in promoting transparency, accountability and long-term social impact.

The conference opened with a welcome address from AMF Chairman, Dr. Najmul Hussein Rassool, and speeches by the Honourable Muhammad Reza Cassam Uteem, Minister of Labour and Industrial Relations, and  the Honourable Shakeel Ahmed Yousuf Abdul Razack Mohamed, Minister of Housing and Lands.

This was followed by a keynote address by Mr. Yahya Aleem ur Rehman, Head of Knowledge Leaders, IsDBI, on “Reviving Waqf: Unlocking a Heritage Asset for Impactful Socio-Economic Development.” Sessions over the first two days covered the history and principles of waqf, the state of waqf in Mauritius, governance and accountability models, sustainable structuring of waqf assets, and international experiences from Southeast Asia, Europe and Africa.

The programme also featured a panel discussion on the Waqf Act 1941 and a dedicated session on the financing of waqf projects by IsDB’s Awqaf Properties Investment Fund (APIF) led by Dr. Mohamed Ali Chatti and Dr. Hassan Mahfooz. These discussions highlighted the importance of enabling legal frameworks, sound fiduciary oversight, strong documentation, professional asset management and innovative financing in advancing the waqf sector.

The final day was dedicated to a capacity-building workshop on “Strengthening Waqf Leadership: Capacity Building for Waqf Managers (Mutawallis) and Legal Practitioners.” The workshop focused on practical training in waqf development, management and operations, as well as the drafting of waqfnama, or waqf deeds, in line with Shari’ah requirements and the Mauritian legal context. The capacity building was delivered by experts from various jurisdictions including Mr. Aboubacar Salihou Kante from the IsDB Institute.

Experts from IsDBI, APIF and international partner institutions shared practical insights on the roles of waqif, mutawalli, beneficiaries and regulators; waqf development strategies and best practices; the design of waqf development plans; and the essential elements of a waqf deed. The training reinforced the need for clear governance structures, robust investment policies, risk management, compliance, monitoring and reporting mechanisms, and the effective use of technology in waqf administration.

The participation by IsDBI and APIF representatives in the conference underscored the IsDB Group’s commitment to supporting member countries and Muslim communities in strengthening Islamic social finance institutions, promoting knowledge-based solutions, and helping unlock the developmental potential of waqf. The Institute’s contribution reflected its broader mandate to advance capacity development, applied research and knowledge sharing in Islamic economics and finance.

IsDBI commends the Awqaf (Mauritius) Foundation for organizing the conference and for its efforts to raise awareness, build institutional capacity and encourage community engagement around waqf in Mauritius. The Institute also acknowledges the contributions of speakers and experts from Mauritius, Saudi Arabia, Malaysia, Singapore, South Africa, Türkiye and the United Kingdom, whose participation enriched the exchange of experiences and practical solutions.

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

 

 




 

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Africa Data Centres partners with Oni-Tel to enhance data centre connectivity in South Africa

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For Africa Data Centres, which operates the continent’s largest interconnected, vendor- and cloud-neutral data centre platform, the collaboration strengthens its service portfolio by enhancing performance and expanding connectivity options within its facilities

JOHANNESBURG, South Africa, April 13, 2026/APO Group/ –Africa Data Centres (www.AfricaDataCentres.com), a business of Cassava Technologies, a global technology leader of African heritage, has partnered with fibre optic cable infrastructure provider Oni-Tel Fibre Networks to strengthen connectivity across its Gauteng facilities. Under the agreement, Oni-Tel will deliver high-speed, low-latency connectivity to Africa Data Centres’ Midrand and Samrand campuses through its Infinity fibre interconnection platform.

 




  

 

Purpose-built for data centre interconnectivity on a resilient network with direct access to Gauteng’s key data centre hubs, this provides customers with fast, high-capacity bandwidth and secure, carrier-grade performance, supporting the levels of uptime required in today’s data-driven environments.

Our partnership with Africa Data Centres enables us to deliver our premium fibre interconnection solution into some of the most strategically important data centre hubs in Gauteng

“As enterprises accelerate cloud adoption, AI deployment, and data-intensive workloads, they need dependable, scalable connectivity within trusted local data centres. By partnering with Oni-Tel, we’re giving our customers access to enhanced fibre infrastructure that supports their growth and innovation, while maintaining secure, enterprise-grade environments for businesses navigating South Africa’s digital economy,” said Adil El Youssefi, CEO of Africa Data Centres.

For Africa Data Centres, which operates the continent’s largest interconnected, vendor- and cloud-neutral data centre platform, the collaboration strengthens its service portfolio by enhancing performance and expanding connectivity options within its facilities. Customers gain greater interconnection choice, high-availability architecture, seamless bandwidth, and the ability to scale efficiently as their infrastructure requirements grow.

“Our partnership with Africa Data Centres enables us to deliver our premium fibre interconnection solution into some of the most strategically important data centre hubs in Gauteng. Through Infinity, customers benefit from ultra-low latency connectivity, scalable capacity, and secure, carrier-grade infrastructure designed to keep their businesses ahead in an extremely competitive digital landscape,” said Ellisha Gobind, Chief Commercial Officer at Oni-Tel.

Africa Data Centres’ facilities across the continent serve as key interconnection hubs, supporting enterprises, cloud service providers, financial institutions, mobile network operators, fixed network operators, and other users. Oni-Tel’s dark fibre solution further expands the range of carrier-neutral options available to Gauteng customers, enabling improved network speed and performance.

As demand for secure, high-performance digital infrastructure continues to rise, Africa Data Centres remains focused on building a robust, interconnected ecosystem that supports enterprise innovation and long-term growth across South Africa and the wider region.

Distributed by APO Group on behalf of Africa Data Centres.

 

 




 

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