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Africana X plosion – From Nigeria to the World; Africana set standards for success in Africa

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Africana

The Africana brand made significant statement of intent – that they are taking the lead in the movement to propagate African fashion on a global scale

ABIDJAN, Ivory Coast, September 23, 2022/APO Group/ — 

The merry sound of clinking glasses, hearty laughter and afrobeats music permeated the cool September evening at Rue Marconi Zone 4, a posh business district in the Ivorien port city of Abidjan. The motley crowd of extremely well and colourfully dressed individuals gathered at the brilliantly lit venue were celebrating the grand opening of an Africana X (https://shopAfricana.co) flagship store – the first of its kind outside of Nigeria.

By establishing this new store in Abidjan, a city that widely reflects the culture of French speaking West Africa, the Africana (https://bit.ly/3R7Wv8m) brand made significant statement of intent – that they are taking the lead in the movement to propagate African fashion on a global scale.

Perhaps, this explains the fanfare and overwhelming outpouring of goodwill that greeted the event by friends and the teeming fans of the brand, both at the venue and online, across the brand’s social media platforms. To many who follow, patronize, collaborate with, or look up to Africana Couture, this ceremony signified more than just expansion, this was a celebration of African excellence and a milestone in Africana Couture’s (https://bit.ly/3Rbw3KW) masterplan to redefine what African fashion is, and ultimately rebrand Africa.

The brand, Africana Couture

Birthed by a vision to put African fashion on the world map, Africana’s focus was to change the way traditional African attire was perceived locally and internationally. The strategy to do this was simple; fuse the uninhibited creativity of African design concepts with the very best in tailoring methods/technology and top it off with unwavering commitment to excellence in process execution and service delivery.

More than 10 years down the line, this strategy has proven extremely effective. This is evidenced by the fact that Africana Couture (https://AfricanaCouture.com), boasts amongst its clientele, a wide assortment of presidents, industry leaders, celebrities and expatriate connoisseurs of great fashion, who are enamoured with the brand’s consistent track record of distinctive excellence.

However, with inclusiveness as one of the core edicts of the Africana brand, it became essential to devise a means to involve more people whose tastes might defer from the usual bespoke traditional offerings and this necessitated the creation of Africana X.

Africana X, or Africana Xperience (https://shopAfricana.co), is a subdivision of the Africana corporation that disrupts the market place for bespoke fashion by offering ready-to-wear pieces, at affordable prices, at its physical boutiques and e-marketplace. Africana Xperience caters to the needs of sophisticated individuals who want to enjoy the sartorial standards offered by bespoke tailoring, without the wait time that is usually required.

Taking its maxim of inclusiveness even further, Africana X goes beyond its primary offering of traditional pieces. With the Africana Heritage collection (https://bit.ly/3LA00Dp), it offers streetwear that pay homage to Icons of African history; the Africana Traditional Bags and Clan Scarf collections offer premium ancillary items; and even sneaker heads are not left out as the store offers a range of specially crafted sneakers to satisfy even the most avid collector.

The Africana X (https://shopAfricana.co) store expands the range of the brand’s service delivery potential from just luxury fashion to luxurious lifestyle, and in service of the promise of the brand’s moniker, has become a curator of the luxurious side of the African experience.

The incredible journey and success of the Africana brand can be attributed to the passion, dedication and creativity of the over 150-man team, however, none of these would have been possible without the vision, leadership and design of Charles ‘Africana’ Oronsaye (https://bit.ly/3dIYDpc).

The Man, Charles Oronsaye

Despite a degree and a promising career in Law, Charles Oronsaye (https://bit.ly/3Spo5Ph), the founding creative director of Africana Couture (https://bit.ly/3xKVnAO), made up his mind pretty early to deviate from the beaten path and follow his own way. Possessing a fiercely independent mind and rebellious spirit, he knew acquiescing to the dictates of societal expectations would never suit him, and so, after brief detours in music and the entertainment industry, his journey brought him to fashion.

From humble beginnings in Benin city, Nigeria, Charles had a very clear idea of what it was he was building. Even as a fresh-faced university graduate in early 2010s, Charles was adept at spotting opportunities; which in this case was the social media following he had built during his time in the media. In the absence of financial capital, he leveraged on his social capital to build a network of clients, partners and staff.

Operating exclusively from his social media platform, Charles learnt the trade on the journey, calling upon all his tenacious resolve, creativity, affable personality and ability to adapt and evolve. One decade later, the daring young man who had big dreams has been replaced by a seasoned businessman, Forbes entrepreneur and inspiration to a generation of young African fashion professionals.

The Africana X store expands the range of the brand’s service delivery potential from just luxury fashion to luxurious lifestyle

According to him, one key element in the success of the brand is that he has never lost sight of the principles which informed the mission in the first place. This is illustrated by the fact that despite the fact that he has assembled some of the brightest minds to build this dream with him, he remains deeply entrenched in the process, ensuring that the vision maintains its heading.

The fact that the name, Africana is interchangeably used to identify the man and the brand is testament to Charles’ hands-on approach to doing business and his determination to ensure the brand stays true to its founding edicts.

Under his leadership and guidance, Africana Couture has transformed into more than just a fashion label selling men’s clothing. it is now widely viewed as a lifestyle and aspirational brand that curates one of the most exciting versions of the African experience- one of luxury, minimalist beauty and consistent excellence.

Abidjan today, Tomorrow the world (After Abidjan, What Is Next?) (https://bit.ly/3C5Bhnn)

Following the launch of African X in Abidjan, plans are underway to replicate the success of Africana’s private tailoring business model in Dakar, Senegal, the style capital of French West Africa, and an even more audacious campaign to plant seeds in the original concrete jungle, New York City by the end of the year.

The proliferation of the brand into New York City is strategic, as the Big Apple is not only an important fashion capital, but is also a nexus for global commerce. It therefore makes sense to first setup shop here and then spread its tendrils across the Americas, Europe and eventually Asia.

Africana beyond fashion (https://bit.ly/3C3fb4H)

Over the course of the last decade, Africana has metamorphosed into an industry leader, credited with making definitive contributions to the African fashion ecosphere such as creating the first-ever African measurement template which takes into consideration, factors that are uniquely African in nature which were largely overlooked by the dimensions recommended by western fashion industry.

In its role as an industry gatekeeper, Africana is a standard against which other brands can measure progress and a beacon providing a guiding light to newcomers who seek direction.

In addition to these bold strides in the fashion industry, Africana has pivoted and branched into other economic sectors including Fin-Tech, with its foray into Blockchain technology and is making moves in real estate with its plan to launch Africana Smart HQ.

On the philanthropic/social awareness front, the brand also manages to combine industrial finesse with corporate responsibility with moves such as; ensuring it remains an equal opportunity employer, creating a fund dedicated to catering to the welfare of needy women and children and ensuring that the stringent Covid-19 rules are adhered to in all its dealings.

There is also Africana H2O, a brand of bottled water available in a handful of locations across the continent which exists to reiterate the importance of access to safe drinking water for everyone.

In conclusion

Africa is experiencing a renaissance which has mostly been championed by the creative industry within the continent. This afrocentric wave has increased the love for, and influence of most things afroculture. The world is paying attention and more people are looking to Africa; no longer just a destination for pity and charity, but as a veritable source of inspiration and ideas.

This paradigm shift is one that comes with far-reaching attendant benefits and with ambassadors such as Charles Oronsaye (https://bit.ly/3UuqRom) and his band of merry innovators at Africana Couture (https://bit.ly/3R5SBwH) leading this new movement, we can rest assured that the African story is getting a happy and beautiful ending.

Distributed by APO Group on behalf of AFRICANA COUTURE.

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Ministers among hundreds of energy-sector leaders to attend AOW event

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Sinclair

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors”

CAPE TOWN, South Africa, October 4, 2024/APO Group/ — 

AOW: Investing in African Energy (https://AOWEnergy.com) – Africa’s leading oil, gas and energy event – has confirmed attendance for more than 80 ministers and senior officials, representing African governments, energy departments and regulators at next month’s event.

These influential stakeholders will be among the more than 1 600 senior delegates and industry leaders who will be attending the event to develop policy, share discoveries, secure investment, and shape Africa’s energy future.

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors.”

Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention

Among the officials and government ministers attending will be energy leaders from South Africa, Nigeria, Namibia, Cote d’Ivoire, Mozambique, DRC, Ghana, Kenya, Madagascar, Eswatini, Uganda, CAR, Guinea Conakry, Guinea Bissau, Ethiopia, The Gambia, Gabon, Malawi, Morocco, Zanzibar, Liberia, Senegal, Congo Brazzaville and Sierra Leone.

In addition, the event will feature high-level delegations from numerous national oil companies, as well as multilateral bodies including the African Union, (AU), African Energy Commission (AFREC), African Petroleum Producers’ Organization (APPO) and the Southern African Power Pool (SAPP).

AOW will see these energy leaders networking with C-suite executives and decision-makers from more than 760 top energy companies at daily networking events, to discuss insights, forge new relationships, and negotiate major energy deals.

“We are so excited to see the calibre of delegates at this year’s AOW event,” says Chief Executive Officer of Sankofa Events, Paul Sinclair. “Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention. The high-powered attendance proves AOW is a key platform to enable this intervention.”

Key themes to be discussed at this year’s AOW will be sustainable upstream development; expanding gas value chains; renewables and new energies; adoption of best-in-class technologies; and access to finance.

AOW: Investing in African Energy will culminate in a special anniversary party at Groot Constantia Vineyard to celebrate 30 years of the AOW event.

Distributed by APO Group on behalf of AOW: Investing in African Energy.

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Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos

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The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs

CAIRO, Egypt, October 4, 2024/APO Group/ — 

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos.

We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria

According to the facility agreement signed in on July 22, 2024, Afreximbank will provide the funds in two tranches with the first tranche of US$7.48M going toward capital expenditure for the construction of the factory and the second, totalling US$13.25M to be deployed as working capital for the operations of the factory.

The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs once the factory becomes operational. It is also expected to support about 40 small and medium-sized enterprises.

Commenting on the transaction, Mrs. Kanayo Awani, Executive Vice President, Intra Africa Trade and Export Development, Afreximbank, said that by supporting Starlink Global to establish a modern processing facility, Afreximbank is making it possible for Africa to add value to its agro-commodities, thereby facilitating exports and subsequent inflow of much-needed foreign exchange into the continent.

“We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria. It will contribute to value creation and to the development of the local community while also improving the lots of smallholder farmers and small business suppliers that will work with Starlink across the value chain,” Mrs. Awani added.

Distributed by APO Group on behalf of Afreximbank.

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Sonangol to Lead Decarbonized Oil & Gas (O&G) Development, Says Angolan National Oil Company (NOC) Head

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Sonangol

Participating in an on-stage interview at Angola Oil & Gas 2024, Sonangol CEO Sebastião Gaspar Martins emphasized that oil and gas remains a core focus for the national oil company

LUANDA, Angola, October 3, 2024/APO Group/ — 

Angola’s national oil company Sonangol reiterated its commitment to driving sustainable hydrocarbon development during the Angola Oil & Gas (AOG) conference this week. Speaking during an “In-Conversation with” session, Sonangol CEO Sebastião Gaspar Martins stated that the company will not abandon oil and gas, but rather advance decarbonized oil and gas development.

We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas

By investing in upstream oil and gas production while prioritizing low-carbon projects, Sonangol aims to boost national crude output, while diversifying and decarbonizing the industry. The NOC is focusing efforts on non-associated gas development, as well as alternative energy sources such as solar.

“We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas. Gas produced from Angola LNG will be used for the production of fertilizer and we are evaluating the utilization of gas in the south of the country, linking gas with steel industries. We also have a blue carbon project, linked to the reduction of carbon through the plantation of mangroves. We have one area in Luanda and have identified four additional areas for this,” stated Gaspar Martins.

Sonangol has undergone transformation in recent years: following the creation of the National Oil, Gas & Biofuels Agency (ANPG) in 2019, Sonangol transferred its role as national concessionaire and regulator. This transformation has aimed to make Sonangol more competitive and strengthen its capacity as an upstream operator. Concurrently, the government is partially privatizing the NOC, with privatization set to be complete in 2026. This process will enhance financial capacity, allowing Sonangol to drive new upstream projects forward.

“The transformation of Sonangol started several years ago, when we passed the regulatory, concessionaire role to the ANPG. At the time, we transferred almost 600 employees to the ANPG. After that, Sonangol underwent a restructuring program where we created five core business units from 36 different entities – starting with exploration and production. We want to go public, but we want to do it properly. So, we are currently going through all the processes to do this,” stated Gaspar Martins.

Distributed by APO Group on behalf of Energy Capital & Power.

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