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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field teams, and employees who may work across multiple sites,  a register that is accurate today may be significantly out of date within weeks.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

Namibia’s Orange Basin Moves Toward First Oil at African Energy Week (AEW) 2026

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African Energy Chamber

The “Invest in Namibia: Transforming Discoveries into Production” session will examine how Namibia can turn its offshore oil boom into a broader industrial opportunity through local suppliers, skills development, technology transfer and domestic investment

CAPE TOWN, South Africa, August 27, 2026/APO Group/ –After a series of major offshore discoveries transformed Namibia into one of the world’s most closely watched exploration frontiers, attention is shifting from proving resources to building the infrastructure, partnerships and industrial capabilities needed to bring them into production. At African Energy Week (AEW) 2026, the session “Invest in Namibia: Transforming Discoveries into Production. Orange Basin’s Path to First Oil” will examine how the country can capture value beyond the development of individual oil fields and use the emerging petroleum sector as a catalyst for wider economic growth.





 

TotalEnergies’ Venus discovery is technically ready to move toward a Final Investment Decision, with negotiations on fiscal terms still underway. The project’s development concept targets around 150,000 barrels per day at peak production, with first oil potentially around 2030. FEED has been completed and major contractors selected, bringing Namibia’s first potential deepwater oil development closer to execution.

The real measure of Namibia’s oil opportunity will not simply be how many barrels it produces, but how much economic value those barrels create at home

Meanwhile, the Orange Basin continues to attract major international players. TotalEnergies and Galp strengthened their positions across the Venus and Mopane discoveries in 2025, with TotalEnergies becoming operator of Mopane and Galp taking a participating interest in Venus. In August 2026, Equinor agreed to acquire a 17.4% stake in Chevron’s PEL 90, marking its first upstream entry into a new country since 2017. The block is expected to see another exploration well before the end of the year.

The scale of investment now being contemplated makes the question of local economic participation increasingly urgent. Namibia’s draft Local Content Policy identifies the development of national capabilities, employment, local procurement and stronger domestic value chains as central to ensuring that petroleum resources generate benefits beyond government revenues. The government has also highlighted technical training and partnerships with universities and industry as priorities for preparing Namibians for the emerging oil and gas sector.

For Namibia, this means moving beyond an export-led model in which capital, equipment and specialist expertise flow in and crude flows out. Developing local suppliers, financing Namibian businesses, building research and training hubs and creating opportunities for joint ventures could help establish capabilities that extend well beyond the life of individual oil projects. The opportunity spans engineering and fabrication, logistics, marine services, environmental management, digital technologies and other areas of the petroleum supply chain.

“The real measure of Namibia’s oil opportunity will not simply be how many barrels it produces, but how much economic value those barrels create at home,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “Namibia has a chance to build a competitive African energy industry around its discoveries – one that creates jobs, develops local companies, transfers technology and gives Namibians a meaningful stake in the country’s energy future.”

The session will look beyond first oil itself to the ecosystem required to sustain production and translate upstream investment into long-term industrial development. With Venus, Mopane and further Orange Basin exploration moving toward development, Namibia has an opportunity to establish the commercial partnerships, financing structures and technical capabilities needed to ensure its petroleum boom becomes an economy-wide growth story.

Distributed by APO Group on behalf of African Energy Chamber.




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BUTEC, secures major Engineering, Procurement and Construction (EPC) contract for Casablanca Waste-to-Energy Project

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BUTEC

Serving a population of more than 4.2 million people across Greater Casablanca, this project represents a significant step in the region’s transition towards a more sustainable and circular approach to waste management

DUBAI, United Arab Emirates, August 28, 2026/APO Group/ –The consortium comprising Nareva, Kanadevia Inova and Itochu Corporation, through its 33.5-year concession agreement with the Municipality of Casablanca, has entrusted BUTEC (www.BUTEC.com) with a major Engineering, Procurement and Construction (EPC) contract for Casablanca’s landmark Waste-to-Energy (WtE) project, leveraging BUTEC’s multidisciplinary engineering and contracting capabilities for one of Morocco’s most significant waste management and energy recovery developments.

 

For the delivery of this landmark project, BUTEC has joined forces with the Switzerland-based Kanadevia Inova, a global leader in Waste-to-Energy and renewable gas solutions.

Located northwest of the Mediouna landfill in the Casablanca-Settat region of the Kingdom of Morocco, this ultra-large waste incineration facility will process approximately 1.5 million tonnes of non-recyclable waste annually, significantly reducing reliance on landfill.

By diverting the waste from landfill and converting it into energy, this plant is expected to prevent up to 1.0 tonne of CO₂-equivalent emissions per tonne of waste while generating 126 MWe of baseload electricity.

BUTEC is establishing itself as the generalist EPC contractor of choice in this strategic sector

Serving a population of more than 4.2 million people across Greater Casablanca, this project represents a significant step in the region’s transition towards a more sustainable and circular approach to waste management, while supporting Morocco’s broader energy transition and long-term decarbonization ambitions.

BUTEC’s Scope of Work:

While Kanadevia Inova is responsible for the technology and the process part of the EPC works, as well as operations support, long-term maintenance, and financing of the facility, BUTEC will be responsible for civil works for the whole facility and for the engineering, procurement, and construction (EPC) of Non-Process buildings, facilities, and associated works, including all civil, structural, architectural, mechanical, electrical and plumbing (MEP) works, as well as the external infrastructure works required for the Project.

Commenting on the significance of the award, Raymond Daou (SVP Strategy & Business Development) stated:

“Building on our affiliates’ long-standing presence in Morocco, where BUTEC has established itself as one of the country’s leading players in Electromechanical Solutions, the Group is reinforcing, through this landmark contract, its contribution to the Kingdom’s sustainable development ambitions.

Furthermore, with three consecutive large-scale Waste-to-Energy projects across the geographies in which it operates, BUTEC is establishing itself as the generalist EPC contractor of choice in this strategic sector. This latest award confirms once again our ability to combine multidisciplinary engineering expertise, strong local execution capabilities and close cooperation with world-leading process technology partners to deliver complex energy and environmental facilities.”

Distributed by APO Group on behalf of BUTEC Group.

 

 




 

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Asantehene opens Africa Business Investment Summit in Washington, DC with a $500m Investment Target in Africa

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Asantehene

The opening ceremony, themed “The Asante Crown Meets the Diaspora,” convened more than 400 registered delegates, including senior government officials, C-suite executives, and US-based institutional investors

 




 

WASHINGTON D.C., United States of America, August 28, 2026/APO Group/ —

  • Asantehene presented a royal vision for Africa’s economic renaissance
  • Day 1 proceeded under the theme – The Vision Day: Unlocking Africa’s Century, A Diaspora Mandate”
  • Fireside chat with Boris Kodjoe on The Diaspora Return

The Africa Business Investment Summit 2026 opened this morning at the MGM National Harbor, in Washington D.C. Metro, with a royal keynote by the Summit’s Patron, His Majesty Otumfuo Osei Tutu II, Asantehene, as the Millennium Excellence Week hosts its first event outside of Ghana.

The opening ceremony, themed “The Asante Crown Meets the Diaspora,” convened more than 400 registered delegates, including senior government officials, C-suite executives, and US-based institutional investors. They were drawn together under a single mandate: to facilitate $500 million in structured capital commitments between African deal originators and US institutional capital during the two-day summit.

Delivering his keynote address, His Majesty articulated a vision of African economic sovereignty where the diaspora serves as architects of continental development. Speaking with characteristic authority, His Majesty called on African governments, diaspora communities, and international institutional partners to align capital, policy frameworks, and political will behind a shared agenda for the continent’s economic future.

In his address, His Majesty Otumfuo Osei Tutu II, Asantehene said: “For too long, Africa has been described mainly in terms of its deficiencies. We have heard of the roads not built, the electricity not generated, the jobs not created, the capital not available, and the institutions not strong enough,”

For too long, Africa has been described mainly in terms of its deficiencies

Speaking further he noted that “Africa must no longer be regarded merely as a continent of future potential. Africa is already becoming a central part of the future global economy, and those who understand this early will position themselves advantageously.”

Honorable Sampson Ahi, Deputy Minister for Trade, Agribusiness, and Industry, who represented the President of the Republic of Ghana, detailed macroeconomic indicators signalling domestic economic recovery and industrial policy priorities: “ Our ambition is transformation. We want an economy that moves beyond exporting raw materials to manufacturing finished products, creating value, jobs, and shared prosperity. We want capital that drives productivity, entrepreneurship, and innovation. This is the philosophy behind the twenty-four-hour economy program, which is a commitment stimulating round-the-clock production, improving productivity, and developing a competitive and export-oriented economy.”

The first day of the summit concluded under the theme “The Vision Day: Unlocking Africa’s Century, A Diaspora Mandate”, exploring through a series of plenary sessions the most pressing deal themes in US–Africa investment today.

Programme spotlights included: The Diaspora Return, a fireside chat with Boris Kodjoe, Beyond Remittances: Building Africa’s Sixth Region, diaspora capital beyond transfers, The New Gold Rush: Africa’s Seat at America’s Critical Minerals Table,  Ghana’s Gold Moment: From the Gold Coast to Global Market Power, The Diaspora Dollar: Fintech and the Next Remittance Corridor and Powering the Continent: Energy, Infrastructure and the US–Africa Partnership

The second and final day of the event will continue to explore investment opportunities across the continent through sector spotlights on the Creative Economy, Health & Pharma, Technology, and Digital Financial Services.

Following these plenaries, the event will conclude with bilateral investment meetings that will translate the vision outlined in the plenary hall into concrete investment decisions.

Review Day 1 Plenary Sessions: https://apo-opa.co/4cPkRRP

Watch Day 2 Live Stream: https://apo-opa.co/4gYIxFP

  • Day 2 to explore investment opportunities and conclude with bilateral investment meetings

Distributed by APO Group on behalf of Millennium Excellence Foundation.

 

 




 

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