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Africa’s Business Heroes Calls for Attendance at Its Grand Finale and 5th Anniversary Summit, Introduces ABH 100

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Africa’s Business Heroes

Every year since 2019, ABH has conducted a continent-wide search with its partners for the most talented and mission-driven entrepreneurs that are driving growth and positive impact in their communities

KIGALI, Rwanda, November 14, 2023/APO Group/ —

The Africa’s Business Heroes (ABH) (www.AfricaBusinessHeroes.org) Prize Competition is excited to announce the upcoming ABH Summit and Grand Finale, set to take place on November 23-24, 2023 in Kigali, Rwanda. ABH is calling for participation from entrepreneurial ecosystem players and aspiring entrepreneurs from across Africa to gain inspiration and practical insights, as well as witness ABH’s top 10 heroes of this year’s edition battle it out to be crowned the 2023 Africa’s Business Heroes winner.

ABH is a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy. Every year since 2019, ABH has conducted a continent-wide search with its partners for the most talented and mission-driven entrepreneurs that are driving growth and positive impact in their communities. It features 50 African entrepreneur finalists each year as they pitch their business to compete for the final prize and gain unparalleled mentoring, networking, training, and exposure. Over a 10-years, ABH will recognize 100 outstanding African entrepreneurs. 

The 2023 ABH Summit and Grand Finale, which marks the 5th anniversary of the ABH prize competition program, will bring together a diverse array of African entrepreneurial ecosystem players and aspiring entrepreneurs, offering a platform for networking, learning and awarding of the 2023 ABH winners. It will be a dynamic and engaging event featuring industry thought leaders, global business legends, renowned stage performers and influencers from across the African continent. Already, the event is attracting a lot of interest, with its audience currently numbering thousands of registered individuals hailing from around 100 countries, including media and influencers from over 30 African countries.

The theme for this year’s summit will be: “AI: African Insight, Innovation, Impact.” As a highlight of the two-day event, the top 10 finalists of this year’s ABH Prize Competition will take the stage at the ABH Grand Finale on November 24 to pitch their innovative business ideas face-to-face to global business legends, vying for their share of US$1.5 million in grant money. This year’s ABH top 10 entrepreneurs were selected from an impressive pool of 27,267 applications from all 54 African nations. All the action of the ABH Grand Finale will take place on the biggest augmented reality-enhanced stage that Africa has ever seen. 

The distinguished ABH Grand Finale judges this year include:

For the last five years, ABH has been a steward of Africa’s entrepreneurial excellence, and this year’s finale will be the stage for the pan-African entrepreneur ecosystem to shine

  • Dr. Diane Karusisi, CEO of Bank of Kigali
  • Ibukun Awosika, Founder of The Chair Centre Group
  • Joe Tsai, Chairman of Alibaba Group

The summit, to be held on November 23-24, will boast a speaker lineup of over 50 successful entrepreneurs and businesspeople from various cultures and backgrounds. Among other prominent personalities, the speakers include Georgie Ndirangu, Head of Pan-African Program Communications at Mastercard Foundation; Natalie Jabangwe, Group Digital Executive Officer of Sanlam; Ade Bajomo, President of FinTechNGR; as well as many of ABH’s past heroes. Attendees will have the chance to learn and be inspired by these industry leaders and visionaries through a series of keynotes, workshops and thought-provoking discussions. 

Throughout the event, attendees can participate in a selection of interactive sessions designed to foster knowledge-sharing and collaboration among like-minded individuals. 

“The Africa’s Business Heroes Summit and Grand Finale in Kigali promises to be an amazing showcase of AI: African insight, innovation and impact. For the last five years, ABH has been a steward of Africa’s entrepreneurial excellence, and this year’s finale will be the stage for the pan-African entrepreneur ecosystem to shine. We extend a warm invitation to join us in supporting this year’s Africa’s Business Heroes as they lead the way toward a brighter future for the continent,” says Jason Pau, Executive Director of International Programs at the Jack Ma Foundation

In addition to the Grand Finale and Summit, this year, ABH is introducing “ABH 100” to honor individuals who have supported ABH’s cause in their respective capacities over the five editions so far. ABH knows that the tireless efforts the ABH 100 – including but not limited to those who have volunteered over 15,000 hours in the judging processes – put in to support entrepreneurship in Africa have had an amazing impact on both the competition and the exciting and steadily growing start-up ecosystem that it has cultivated.

ABH invites current and aspiring entrepreneurs, investors and other stakeholders in Africa’s entrepreneurial ecosystem to participate in this year’s ABH Summit and Grand Finale. Interested individuals can register now (https://apo-opa.co/3QT9MEN) to secure a seat to attend the event live in Kigali, Rwanda. Attendance is by registration, and admission to the physical event is free on a first-come, first-served basis due to limited capacity. People outside of Rwanda can also register here (https://apo-opa.co/3QT9MEN) to watch the Grand Finale live online in English. 

Africa’s Business Heroes invites the continent to celebrate entrepreneurship, innovation and the future of African business together. Register now and be a part of this momentous event.

Distributed by APO Group on behalf of Africa’s Business Heroes (ABH).

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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Business

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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