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African Organisations Move from Awareness to Action as IT Asset Visibility Becomes a Board-Level Priority

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IT

Following widespread recognition of the IT asset visibility gap across the continent, V-Track reports a significant shift in organisational behaviour as finance and IT leaders move beyond acknowledgement toward structured, technology-driven control

Across African markets, a shift is underway in how organisations approach IT asset management. Having acknowledged the scale of the visibility gap – the growing disconnect between what appears on balance sheets and what can be verified in the real world – finance and IT teams are now moving to close it. The conversation, once dominated by problem definition, is rapidly becoming one of implementation.

 

This shift follows a period of heightened scrutiny in which organisations have begun to quantify the financial impact of poor asset visibility: avoidable procurement spend on devices that already exist in their estates, capital tied up in assets that are no longer in productive use, audit exposure from inaccurate registers, and security risk created by devices that have drifted off the network without formal decommissioning.

“We are seeing a clear change in the nature of the conversations organisations are having with us,” said Valene Nagiah, Head of Asset Tracking and Management at V-Track. “Twelve months ago, the primary question was: do we have a problem? Now, the question is: how do we fix it  and how quickly can we demonstrate a return? That is a meaningful shift, and it reflects a broader maturation in how African businesses think about IT governance.”

From static registers to continuous control

For many organisations, the first step in closing the visibility gap has been confronting the inadequacy of existing systems. Periodic manual audits and static spreadsheet-based asset registers are the default approach across much of the continent and are increasingly being recognised for what they are: point-in-time snapshots that begin losing accuracy the moment they are completed.

In environments where assets move constantly between offices, remote locations, field teams, and employees who may work across multiple sites,  a register that is accurate today may be significantly out of date within weeks. The challenge is not simply one of data quality; it is structural. Manual processes cannot keep pace with the operational reality of a distributed, mobile workforce.

“The organisations making the most progress are those that have stopped treating asset management as an audit exercise and started treating it as a continuous function,” said Nagiah. “Visibility is not something you achieve once a year. It is something you maintain every day and that requires infrastructure, not just process.”

The hybrid workforce as a forcing function

The permanent entrenchment of hybrid and distributed working across African markets has proven to be a significant forcing function for ITAM investment. As organisations formalised remote and flexible work arrangements, the practical consequences of asset invisibility became harder to ignore. Devices issued to home-based employees, contractors, and field staff could no longer be assumed to be present, functional, or secure, and without tracking infrastructure, verifying their status required manual intervention that was neither scalable nor reliable.

The organisations making the most progress are those that have stopped treating asset management as an audit exercise and started treating it as a continuous function

In markets characterised by infrastructure variability, including intermittent power supply, inconsistent connectivity, and high rates of staff movement between employers, these challenges are amplified. A device that was verified last quarter may have changed location, changed hands, or gone offline entirely in the intervening period. Without continuous monitoring, the organisation simply does not know.

For leased IT environments, this dynamic carries additional financial weight. Devices that cannot be accounted for at the end of a lease agreement represent a direct liability, replacement costs that fall to the organisation, compounded by the administrative burden of attempting to recover assets after the fact. Proactive tracking eliminates this exposure before it materialises.

What effective implementation looks like

Organisations that have made meaningful progress on IT asset visibility share a common set of characteristics. They have moved away from treating ITAM as a back-office IT function and repositioned it as a financial control mechanism with direct implications for procurement strategy, capital allocation, and audit readiness. They have invested in platforms that provide continuous, real-time data rather than periodic snapshots. And they have created clear ownership of asset data at both the IT and finance level, recognising that the two functions need to operate from the same source of truth.

The practical benefits of this approach are demonstrable across four areas:

  • Financial accuracy: asset registers that reflect operational reality, enabling more precise depreciation, budgeting, and capital planning.
  • Procurement efficiency: elimination of duplicate or unnecessary purchases driven by inaccurate inventory data.
  • Security and compliance: continuous visibility into device status reduces the attack surface created by unmonitored endpoints and strengthens regulatory compliance.
  • Lease and lifecycle management: accurate, real-time asset data enables organisations to optimise lease terms, plan timely returns, and maximise residual value.

 

“The organisations that are getting this right are not necessarily those with the largest IT budgets,” Nagiah noted. “They are the ones that have made a deliberate decision to treat their asset estate as a managed financial resource and have put the systems in place to support that decision. The technology to do this exists, and it is accessible. The gap is no longer a technology gap. It is a decision gap.”

A platform built for African operating conditions

V-Track’s asset intelligence platform is designed to function effectively within the operational constraints that characterise many African business environments. The platform requires no on-premises infrastructure, operates across distributed and multi-jurisdiction environments, and provides finance and IT teams with a unified view of their asset estate regardless of where those assets are physically located.

Organisations yet to begin their asset visibility journey are encouraged to start with V-Track’s 15-day free trial (https://apo-opa.co/4ehmGXN) – a structured visibility audit that typically surfaces actionable findings within the first week. No procurement process, no long-form commitment, and no prior ITAM infrastructure required.

“The most common thing we hear after the trial is: we had no idea,” said Nagiah. “That is exactly the point. The trial does not sell a product – it reveals a reality. What organisations choose to do with that clarity is their decision. But they can no longer say they did not know.”

Distributed by APO Group on behalf of V-Track.

 

Business

SLB commissions new fluids systems plant in Pemba to support Mozambique’s offshore energy development

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Mozambique

New facility expands in-country drilling and completion fluids capability, advancing the next phase of SLB’s growth in Mozambique

PEMBA, Mozambique, October 9, 2026/APO Group/ –SLB (NYSE: SLB) (www.SLB.com) announced the opening of a new fluids systems plant in Pemba, Mozambique. The new facility strengthens in-country capacity to prepare, store and deliver drilling and completion fluids for offshore operations, reinforcing the infrastructure needed as Mozambique’s offshore activity grows and its role as a strategic energy hub for East Africa continues to expand.

The commissioning of the plant, also known as a liquid mud plant, coincides with SLB marking 70 years of operations in Mozambique. It reflects the company’s long-term commitment to investing in people, infrastructure and capability that support the country’s long-term offshore energy development plans.

 




  

With an initial storage capacity of 21,000 barrels, the liquid mud plant provides a scalable platform for future growth, supporting multiple customers and rising offshore activity while improving logistics and enhancing operational flexibility.

As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions

“As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions,” said Miguel Baptista, Central, East and Southern Africa, Managing Director, SLB. The new liquid mud plant strengthens local energy infrastructure, expands opportunities for local content development, and enhances our ability to support customers as they deliver some of Africa’s most significant offshore energy resources.”

The liquid mud plant project was delivered with strong local participation and that momentum is expected to continue into operations. During project delivery, more than 100 jobs were created in Pemba with nationals representing 80% of the workforce, reflecting a focus on building local capability.

The project was delivered with a strong focus on safety, operational integrity, and quality, achieving more than 67,000 hours worked without a recordable safety incident.

This key infrastructure strengthens SLB’s ability to support consistent service quality and enhance supply chain readiness for increasing offshore activity across Mozambique, supporting customers execute safely and efficiently while developing local skills and expertise.

Key Points:

  • SLB has commissioned a new fluids system plant in Pemba, expanding in-country drilling and completion fluids capability for offshore operations.
  • With an initial storage capacity of 21,000 barrels, the facility provides a scalable platform to support growing offshore activity in Mozambique.
  • The investment marks the next phase of SLB’s growth in Mozambique, strengthening local capability and supporting long-term offshore energy development.

Distributed by APO Group on behalf of SLB.

 

 




 

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South African Energy Storage Association (SAESA) welcomes 4,600 MW battery storage prioritisation and calls for integrated energy planning

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Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply

JOHANNESBURG, South Africa, October 9, 2026/APO Group/ –The South African Energy Storage Association (SAESA) (www.SAESA.org.za) welcomes the prioritisation of 4,600 MW of battery energy storage under the first Integrated Resource Plan (IRP) 2025 Section 34 determination.

 




  

The timing is significant. Recent Integrated Energy Plan (IEP) modelling and assumptions discussions highlighted a fundamental shift that South Africa’s energy planning now needs to capture: we cannot plan the future power system by counting megawatts of generation alone.

We must plan for when energy is available, where it is available, how it moves through a constrained grid and how it is stored and dispatched when the system needs it most.

The announcement reinforces that shift. Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply.

For SAESA, the message for the IEP is clear: storage, flexibility and system services must be modelled as integral components of South Africa’s future electricity architecture, with their contribution considered from the outset of generation planning.

“The IEP must plan the power system we are becoming, not simply model the power system we have inherited,” says SAESA.

The IEP must plan the power system we are becoming, not simply model the power system we have inherited

Partnership with C&I Energy + Storage Summit

SAESA is an association partner of the C&I Energy + Storage Summit, created by VUKA Group, taking place on 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

The summit brings together commercial and industrial energy users, project developers, financiers, regulators and solution providers to explore practical approaches to energy security, procurement and storage deployment.

For businesses assessing how storage can support their operations, the event offers an opportunity to meet SAESA and engage with the wider energy community on the decisions shaping South Africa’s evolving electricity system.

Commercial and industrial energy decision-makers are invited to apply to attend as hosted buyers. Qualifying buyers receive complimentary summit access and curated opportunities to engage with industry partners.

 

Meet SAESA at C&I Energy + Storage Summit: Join the Hosted Buyer Programme

The Hosted Buyer Programme connects commercial and industrial energy decision-makers with solution providers shaping South Africa’s evolving private energy market.

Qualified energy buyers receive complimentary access to the summit and curated engagement with industry partners exploring energy procurement, storage deployment and project development.

Apply for the Hosted Buyer Programme (https://apo-opa.co/4ehLijJ)

Distributed by APO Group on behalf of VUKA Group.

 




 

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Afreximbank welcomes launch of Africa Credit Rating Agency as an important step in strengthening Africa’s financial architecture

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Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets

PORT LOUIS, Mauritius, October 8, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding the continent’s capacity to generate credible, independent analysis of African credit risk.

 




 
 

Credit ratings play an important role in determining access to capital, influencing investor perceptions and shaping the cost at which governments, institutions and businesses can finance development. It is therefore essential that assessments of African credit risk are independent, rigorous and evidence-based, while reflecting a complete understanding of the structures, institutions and economic realities being assessed.

The establishment of AfCRA adds an important African-led source of credit opinion to the market. Its value will not be measured by whether it produces more favourable ratings, but by the credibility of its analysis, the quality of its data and transparency of its methodology, and its ability to deepen understanding of African sovereigns, sub-sovereigns and corporate credit.

This is particularly important given that many African issuers remain unrated, while local-currency and sub-sovereign markets continue to have limited rating coverage. Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets.

AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans

Alongside fellow members of the Alliance of African Multilateral Financial Institutions (AAMFI), Afreximbank has consistently maintained that African Multilateral Financial Institutions should be assessed on the basis of their fundamentals, performance, legal frameworks, mandates and operating models. Ensuring that these institutional characteristics are properly understood is essential to achieving informed, balanced and credible assessments of African risk.

Commenting on the uniqueness of the African market, and need for AfCRA’s rating methodology to reflect this, Mr Denys Denya, Senior Executive Vice President, Afreximbank, said: “The rating methodology AfCRA develops must recognise the uniqueness of our environment and its institutional structures. The Agency must set its own standards and not follow those set elsewhere — it must build a unique identity that conforms to an ‘African best practice.”

Highlighting the need for the autonomy of the Africa Credit Rating agency as it takes off, Mr Denya added: “Most importantly, AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans. We must all use it, and in return expect a complete assessment of where we (Africa) stand: the strengths the market has ignored, and the weaknesses we still need to fix.”

AfCRA should therefore be seen as complementary to existing international and regional rating agencies, broadening the range of credible analysis available to investors and issuers while strengthening competition, transparency and analytical capacity within Africa’s credit markets.

As Africa seeks to mobilise the scale of capital required for industrialisation, trade, infrastructure and economic transformation, credible African institutions that improve information, strengthen market confidence and deepen the continent’s financial markets will become increasingly important.

Afreximbank congratulates the African Union, the African Peer Review Mechanism (APRM) and all those involved in bringing AfCRA from concept to launch, and looks forward to the contribution the Agency will make to deeper, more transparent and more efficient African capital markets.

Distributed by APO Group on behalf of Afreximbank.

 




 

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