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Africa’s Business Heroes Prize Competition 2023 Calls for Participation of Business Professionals as Judges

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Africa’s Business Heroes

Record-breaking number of applications expected as 21,000 entries received three weeks ahead of deadline

KIGALI, Rwanda, April 26, 2023/APO Group/ — 

The Africa’s Business Heroes (ABH) (AfricaBusinessHeroes.org) Prize Competition is calling for the participation of business professionals from across Africa as judges of its 2023 edition, as it is on course to be bigger and better this year. With less than three weeks before entries close on May 12, more than 21,000 entrepreneurs from all corners of the continent have already submitted their applications, reflecting a strong interest in the competition.

ABH is a philanthropic initiative sponsored by the Jack Ma Foundation and Alibaba Philanthropy. Every year since 2019, ABH conducts a continent-wide search with its partners for the most talented, business-driven entrepreneurs driving inclusive growth and creating a positive impact for their communities. ABH features 10 African entrepreneur finalists each year as they pitch their business to win a share of US$1.5 million in grant money and gain access to unparalleled mentoring, networking and training opportunities. Over a 10-year period, ABH will recognize a total of 100 outstanding African entrepreneurs.

Now in its fifth year, ABH has grown into a truly Pan-African, inclusive, sector-agnostic and grassroots-oriented initiative, which has been positively impacting the continent’s entrepreneurial landscape.

A crucial part of ABH’s success is a group of esteemed judges who not only evaluate but also inspire entrepreneurs broadly. Hundreds of judges at all levels of the competition support and mentor African entrepreneurial talents taking part in the competition each year. Judges of past ABH editions include Omar Cisse, CEO of InTouch SA; Amal Enan, Partner of 500 Global and Founder of The Lotus Collective; Tomi Davies, Collaborator-in-Chief at TVC Labs and Advisor to Fathom; Fatoumata Ba, Founder of Janngo Capital; Fred Swaniker, Founder of African Leadership Academy, among others.

This year, as ABH expects a record-breaking number of applications, the competition is looking to expand its pool of judges to support the contestants further on their ABH journey. Seasoned entrepreneurs, venture capital firms, academics, and business professionals from all sectors are invited to join the ABH community of judges here (https://apo-opa.info/3HbA9AA).

Aside from providing guidance and evaluation for the contestants, judges can also connect with the ABH ecosystem of more than 100,000 stakeholders

“As an ABH judge, I have enjoyed supporting entrepreneurs over the last two years. I’ve learned as much as I have mentored, and I am inspired each time I connect with an ABH entrepreneur. In addition to supporting amazing participants, I have made so many new connections with passionate ABH judges that work all over the continent,” said Akua Nyame-Mensah, Executive Coach and Co-Founder of A.N.M. & Company and CoffeeChat.

Aside from providing guidance and evaluation for the contestants, judges can also connect with the ABH ecosystem of more than 100,000 stakeholders, including investors, entrepreneurs and ABH partners through judge networking sessions hosted by ABH. After completing the judging process, they will be awarded a certificate and featured on ABH’s official website.

ABH is also putting out a special call to entrepreneurs whose countries are still underrepresented – including Morocco, Egypt, Algeria, Tunisia and Libya to apply for this year’s competition and inspire millions of others with their unique stories. The competition is still open for applications (https://apo-opa.info/41MUCo0) in either French or English until May 12, 2023.

Entrepreneurs who are interested in applying or who have registered as applicants now have less than three weeks until May 12, 2023 to complete their applications by submitting the required materials. For more guidance on the application process, visit the ABH official website (https://apo-opa.info/3N9S3aN), or watch a video here (https://apo-opa.info/3n5s8X3).

In addition to the US$1.5 million cash grant, applicants will also gain access to mentoring, networking, and publicity opportunities for their ventures. All applicants have access to training and scaling opportunities across a vast range of business disciplines through webinars, presentations and events, such as the Alibaba Netpreneur Training (https://apo-opa.info/3n8g6wg) program.

The top 50 candidates will be announced in July, the top 20 semi-finalists in August, and the top 10 finalists in September. The return of a large-scale Grand Finale and Summit is slated for November 2023.

For more information about ABH 2023, please visit: https://apo-opa.info/41MUCo0 and follow ABH on Twitter (https://apo-opa.info/3KY3OQs), LinkedIn (https://apo-opa.info/3L1Cgda), Instagram (https://apo-opa.info/3KZTXKa), Facebook (https://apo-opa.info/3ylgNE9), and YouTube (https://apo-opa.info/3YDG5bH).

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

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

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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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