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field teams, and employees who may work across multiple sites,  a register that is accurate today may be significantly out of date within weeks.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

Hainan FTP marks 6-month milestone of special customs operations, signs deals during Hong Kong visit

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Hong Kong

HONG KONG SAR – Media OutReach Newswire – 29 June 2026 – As the Hainan Free Trade Port (FTP) marked the six-month milestone since the launch of its full special customs operations, a Hainan provincial delegation wrapped up a three-day visit to Hong Kong. During the visit, the delegation signed deepened cooperation agreements with several major local chambers of commerce and promoted the latest policies introduced since the island-wide special customs operations took effect.

According to data released by Hainan Province during the visit, Hainan’s foreign trade has surged since the launch of special customs operations. As of June 17, the province’s total goods imports and exports reached RMB 173.98 billion (approximately US$24 billion), up 54.6% year on year. Imports of zero-tariff goods hit RMB 2.645 billion, a 120% jump that generated tariff savings of RMB 440 million. A total of 172,100 new market entities were registered—a 61% increase—including 1,240 foreign-invested enterprises. Zero-tariff items now account for 74% of all tariff lines, benefiting more than 12,000 market entities.

During the Hong Kong visit, China Council for the Promotion of International Trade Hainan Provincial Committee (CCPIT Hainan) signed separate deepened cooperation MOUs with the Chinese General Chamber of Commerce, Hong Kong and the Hong Kong General Chamber of Commerce. Under the MOUs, the parties will establish a regular liaison mechanism for the periodic exchange of economic and trade information, and will promote collaboration in areas including professional services, green finance, the digital economy, supply chain management, and cultural tourism. Mutual enterprise service desks will be set up to provide consulting services regarding policies and projects. The parties will leverage their complementary strengths to help Chinese mainland enterprises access overseas markets via Hong Kong, while facilitating Hong Kong companies’ entry into the Chinese mainland through Hainan.

The delegation also held talks with the British Chamber of Commerce in Hong Kong and the American Chamber of Commerce in Hong Kong, exploring ways for British and American businesses to leverage Hainan’s value-added processing tariff exemptions and multifunctional free trade accounts to position themselves in regional supply chains and cross-border investment and financing. HSBC, De Beers, and other British firms are already active in Hainan, and the UK served as the Guest of Honor country at the 2025 China International Consumer Products Expo.

According to industry analysts, amid the shifting international trade landscape, Hainan is leveraging Hong Kong’s “super-connector” role to accelerate its integration with global capital and business networks, while simultaneously offering the Hong Kong business community a policy testing ground for entering the Chinese mainland market.

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Africa’s Grid Constraints Come into Focus as Regional Markets Push Toward Integration

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Regional power pools are advancing and renewable pipelines are growing, but the regulatory and financial architecture needed to connect them remains the continent’s most critical infrastructure gap – an issue central to the Power Africa Today conference at AEW 2026

CAPE TOWN, South Africa, June 25, 2026/APO Group/ –Africa’s electricity demand is projected to nearly double to 2,291 TWh by 2050, requiring an estimated $30 billion in transmission and grid infrastructure investment to unlock and integrate new generation capacity. Yet across the continent, grid systems are struggling to keep pace with rapidly expanding supply pipelines and rising demand.

In Nigeria, repeated nationwide grid collapses as recently as February 2026 underscore the fragility of aging transmission infrastructure. In East Africa, tower failures along the 428 km Loiyangalani-Suswa line temporarily stranded output from Lake Turkana Wind Power – Africa’s largest wind installation. Meanwhile, demand growth pressures are accelerating across North Africa, where electricity consumption is expected to rise by around 50% by 2035, driven by urbanization, desalination projects, and climate-related temperature increases.

Despite these constraints, generation investment continues to accelerate across Africa, particularly in renewables, gas-to-power and hybrid systems. However, without equivalent investment in transmission and interconnection, much of this new capacity risks being underutilized or stranded. This growing imbalance between generation and grid capacity is driving a sharper focus on system-wide planning and regional market design – issues that will be central to the newly launched Power Africa Today conference at African Energy Week 2026. The platform will bring together policymakers, utilities, investors and developers to explore how regional interconnection, cross-border trading frameworks and financing structures can better align generation growth with grid expansion.

Power Markets Experiment with Reform

Alongside infrastructure challenges, Africa’s electricity sector is undergoing gradual – but uneven – market reform. Most countries still operate vertically integrated systems dominated by state utilities, but a growing number are introducing competitive frameworks to attract private capital and improve efficiency.

Zimbabwe opened its electricity market to full private participation across generation, transmission and distribution in 2025, targeting $9 billion in new investment. South Africa is advancing one of the continent’s most ambitious grid expansion programs, with plans for 14,500 km of new transmission lines and 133,000 MVA of transformer capacity by 2034, alongside mechanisms designed to crowd in private financing. Kenya, meanwhile, has introduced open access regulations enabling independent power producers to wheel electricity directly to multiple off-takers, reshaping how generation assets interface with the grid.

Interconnected electricity markets are the foundation of Africa’s industrial future

Regional Integration Remains Fragmented

Efforts to connect Africa’s fragmented power systems are progressing, though at different speeds across regions. In Southern Africa, the World Bank’s RETRADE SAPP program, approved in 2025, is deploying $12 million to strengthen renewable integration and transmission capacity across 12 member states. In East Africa, the Ethiopia–Kenya–Tanzania Electricity Highway is now in trial operations at up to 2,000 MW, marking a significant step toward a more interconnected regional grid.

West Africa is also moving toward deeper integration, with permanent synchronization of the West Africa Power Pool expected in 2026. Analysts, including the African Finance Corporation, argue that such synchronization is critical to unlocking large-scale hydropower potential and industrial demand across the region. Longer term, full synchronization between the Eastern and Southern African power pools – targeted for the end of 2026 – could create one of the world’s largest cross-border electricity trading corridors.

Building Bankable Financial Architectures

While interconnection is advancing, infrastructure alone is not enough to create investable electricity markets. Investors consistently cite the lack of standardized offtake structures, creditworthy counterparties, and cross-border payment guarantees as key barriers to scaling capital deployment.

New models are emerging to address these constraints. Africa GreenCo, operating across Zambia, Namibia and South Africa, is helping to aggregate independent power producers under a single creditworthy intermediary, standardizing power purchase agreements and reducing counterparty risk. At a broader level, AUDA-NEPAD estimates that Africa requires around $30 billion in additional investment to complete priority transmission corridors and establish three fully interconnected regional trading blocs by 2030.

“Interconnected electricity markets are the foundation of Africa’s industrial future,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “The question at Africa Energy Week is not whether integration is possible – the evidence is already there. The question is which regulatory frameworks and financial structures will get projects to financial close, and which markets will be ready when capital is looking to move.”

The Power Africa Today conference will run alongside AEW 2026, taking place October 12–16 in Cape Town, and will focus on the regulatory, financial and infrastructural architecture needed to build interconnected electricity markets capable of attracting institutional capital and delivering reliable, cross-border power at scale.

Distributed by APO Group on behalf of African Energy Chamber.

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African Development Bank Group and La Francophonie Sign Partnership Agreement to Promote Youth Employment in Francophone Africa

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The agreement was signed during a meeting between the Secretary General of La Francophonie, Louise Mushikiwabo, and African Development Bank Group President, Dr Sidi Ould Tah in Paris, France

PARIS, France, June 25, 2026/APO Group/ –The African Development Bank Group (www.AfDB.org) and The International Organization of La Francophonie (OIF) on Wednesday entered a strategic partnership to strengthen digital skills, employability, and entrepreneurship of young people and women in five African countries: Benin, Cameroon, Guinea, the Democratic Republic of the Congo and Madagascar.

 

The agreement was signed during a meeting between the Secretary General of La Francophonie, Louise Mushikiwabo, and African Development Bank Group President, Dr Sidi Ould Tah in Paris, France. The agreement will address a major challenge faced by countries in the Francophone world and across Africa: providing young people with access to opportunities offered by the digital economy and fostering the emergence of a new generation of entrepreneurs.

The partnership calls for the implementation of training programs in digital professions and entrepreneurship, in fields such as web and mobile development, cybersecurity, artificial intelligence, and data analysis. Participants will also receive guidance toward employment and self-employment, as well as support for innovation and business creation, notably through training camps, prototyping activities, and partnerships with incubators and accelerators.

The African Development Bank Group and OIF will also work with national authorities in these five countries and training institutions to sustainably strengthen local capacities and promote ownership of the programs by national stakeholders. An initial pilot phase, lasting 12 to 24 months, will be rolled out in the five partner countries, followed by a gradual expansion to other member states depending on the results achieved.

The African Development Bank Group is pursuing a bold agenda based on “Four Cardinal Points” developed by Dr Ould Tah, the third of which is ‘Turning Demographics into a Dividend.’ This is about strategically converting Africa’s rapidly growing and youthful population into a decisive engine of inclusive growth, productivity, and innovation through large-scale investment in human capital—particularly youth and women.

 

It sees Africa’s growing young population not as a risk, but as a major asset. With the right policies and investments, this potential can create jobs, help small businesses grow, bring more informal businesses into the formal economy, and equip young people with the skills needed for the future. By investing more in education, science and technology, vocational training, entrepreneurship, finance, and digital tools, Africa can help its people drive economic transformation, stay competitive, and build lasting, resilient growth.

The OIF said the agreement marked the first concrete step in its initiative to mobilize innovative and additional funding for its most impactful projects.

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

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