With this acquisition, ALI expects to position itself as a leading source of technology talent on the African continent, and one of the largest in the world
PORT LOUIS, Mauritius, July 13, 2022/APO Group/ —
African Leadership International (ALI) (https://ALGroup.org) which aims to transform Africa by developing three million entrepreneurial leaders by 2035, has entered into an agreement to acquire Holberton Inc., a Silicon Valley-founded, project-based, college alternative educating the next generation of software engineers. The acquisition will give ALI ownership of the advanced technology program that will enable ALI to provide global organizations access to a significant untapped workforce capable of bridging the growing global shortage of technology talent. It will also change the lives of millions of Africans by equipping them with the software engineering skills essential for the future digital workplace. The acquisition is expected to be completed in the third quarter. As part of the transaction, the Holberton School (www.HolbertonSchool.com) network will be separated into an independent organization.
According to the World Economic Forum (https://bit.ly/3yBAEih), the pandemic has accelerated the pace of digital disruption in almost all industries, and 97 million new roles will emerge that are more adapted to the new division of labor between humans, machines and algorithms. With its aging populations, China, India, and the West – traditional sources of technology talent – are experiencing shortages to meet this new demand.
Africa is experiencing rapid population growth. It has the youngest workforce in the world, with an average age of 19 years, compared to 48 years in Germany or Japan. The continent is expected to have a workforce of 1.1 billion by 2035 – larger than China or India’s. As a result, global technology companies are increasingly seeing the continent as the next frontier for technology talent. Over the past three years, Twitter, Google, Microsoft, IBM, Alibaba among others, have all announced plans to open tech hubs in Africa.
These trends spurred ALI to partner with Holberton’s advanced technology program two years ago to rapidly scale up the training of software engineers on the African continent. Over the past year, more than 95 000 students have enrolled in African Leadership International’s ALX skills acceleration program, scaling over 2 000 times in the last 15 months.
Julien Barbier, Co-Founder of Holberton
Over the past year, more than 95 000 students have enrolled in African Leadership International’s ALX skills acceleration program, scaling over 2 000 times in the last 15 months
Through The ROOM (www.TheROOM.com), the placement division of African Leadership International, this world-class talent will then be matched and connected to global corporations seeking to build their technology teams, similar to how technology companies today go to locations in Eastern Europe and India to find talent.
With this acquisition, ALI expects to position itself as a leading source of technology talent on the African continent, and one of the largest in the world. Holberton’s technology has proven that it will play a crucial role in the ALI ecosystem. Students trained using Holberton’s technology have been hired by companies like Apple, Google, Tesla, LinkedIn, Dropbox, Pinterest, Rappi, and Nvidia.
With the combination of the ALX program, Holberton’s technology and The ROOM career placement, ALI seeks to put forward a world-class service that will solidify Africa’s place as the final frontier for technology, while providing a lasting solution to the global technology talent shortage.
Quotes
“Through our combined efforts to date, we have been able to deliver high quality learning experiences to young Africans at massive scale. This is unlike anything I have experienced in my 20 years of human capital development on the continent. With our current trajectory, I am confident that in the next decade we will develop millions of African digital leaders who can solve many of Africa’s greatest challenges. Our ambition is to become the largest single source of technology talent for the world,” said Fred Swaniker, Founder and CEO of African Leadership International.
“This acquisition will help address the global shortage of technology skills by combining our respective strengths with African talent paving the way. This collaborative, project-based environment makes every student workforce ready after graduating. Our software engineers will empower organizations around the world to rapidly scale their technology talent requirements,” said Julien Barbier, Co-Founder of Holberton.
Distributed by APO Group on behalf of African Leadership international (ALI).
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.
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).
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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