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Africa’s Business Heroes Unveils Community Leads and Launches New Scaleup Program

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Business-Heros

Entrepreneurs and SMEs across Africa have until 6th June to submit their applications for 2022 ABH Grant

KIGALI, Rwanda, April 22, 2022/APO Group/ — 

The Africa’s Business Heroes (ABH) prize competition (www.AfricaBusinessHeroes.org) has announced a new Community Lead and ScaleUp Program to provide more enhanced mentoring and networking opportunities for ABH applicants and finalists.

Now in its fourth year, applications for the ABH grant are currently open in both French and English and the competition has already drawn talented entrepreneurs from almost all of the 54 African countries. Entrants have come from a diverse spectrum of sectors including agriculture, manufacturing, ICT, Education, Fashion, Healthcare, Business Services, Media and Entertainment. To date, 32% of the entrants are female and 68% are male. As a Pan-African and all-inclusive initiative, ABH is encouraging entrepreneurs and small-business owners to join the competition and stand the chance to gain many of its benefits including access to training, mentorship and a pool of USD $1.5 million.

ABH has also announced the newly launched ABH Community Lead initiative to foster greater connection and engagement among ABH finalists and applicants. This program will be introduced in and led by:

  • Egypt, Cairo – Khadija El Bedweihy, PraxiLabs (https://PraxiLabs.com) (2021 1st Place Winner)
    ABH Local Community Lead for North Africa

“I immediately accepted this opportunity. Spreading the word to everyone I know and everyone I can reach about what ABH can do for their startups, how it can impact them just seems right. I am looking forward to lots of events, networking and knowledge-sharing and give-back.”

  • Nigeria, Lagos – Chibuzo Opara, DrugStoc (www.DrugStoc.com) (2019 Top 10 Finalist)
    ABH Local Community Lead for Anglophone West Africa (Lagos, Nigeria)

“It’s great to be part of this amazing program. I feel humbled to be a community lead working with entrepreneurs out of Nigeria to enable them to leverage the ABH platform to solve their challenges and create African business giants. Excited about the next couple of years – watch this space guys!”

  • Cote D’Ivoire, Abidjan – Moulaye Taboure, ANKA (https://bit.ly/3uZRg2I) (2019 Top 10 Finalist)
    ABH Local Community Lead for Francophone West Africa

“As the first francophone to ever be in the TOP10 (and the only at the time), I know for a fact that our region has just as much talented as Anglophone Africa. So, I am extremely proud and confident to help more heroes hail from Francophone Africa, watch out for us!”

  • Democratic Republic of the Congo, Kinshasa – Patricia Nzolantima, Bizzoly Holdings (www.WorkingLadiesCabs.com) (2020 Top 50 Finalist)
    ABH Local Community Lead for Francophone Africa

“As a community lead, I hope to bring value, guidance, support and the necessary resources to DRC’s entrepreneurs. I hope to help entrepreneurs to believe in their dream and trust their process because entrepreneurship is a journey, not a destination. Entrepreneurs are the future of Africa!”

  • Kenya, Nairobi – Charlot Magayi, Mukuru Clean Stoves (www.MukuruStoves.org) (2021 Top 10 Finalist)
    ABH Local Community Lead for East Africa

“I am excited to be working with ABH as the local connect lead for Kenya. I hope my participation enables ABH to discover more heroes especially in East Africa and encourages more young people to pursue entrepreneurship.”

  • South Africa, Cape Town – Mampho Sotshongaye, Golden Rewards 1981cc (www.GoldenRewards1981cc.co.za) (2021 Top 20 Finalist)
    ABH Local Community Lead for Southern Africa

“This program enables entrepreneurs to engage with local counterparts, encourage one another as well as showcase their best entrepreneurial abilities. Creating platforms of empowerment is something that is dear to my heart. I am grateful to be given a role to contribute and encourage entrepreneurs to dream big.”

In each of these countries, Community Leads will have a platform to engage, collaborate and build a strong entrepreneurial community in their local markets. They will be organizing a range of offline events for ABH finalists including coffee, outdoor activities, discussions and vision boarding as well as events for ABH applicants such as information and networking sessions, ABH Show viewing parties and livestreams of the ABH Grand Finale.

Alongside the Community Leads initiative, ABH has also launched a new ABH ScaleUp program. The ScaleUp program will provide ABH entrants with holistic training sessions that cover a critical range of business operational areas for entrepreneurs and small businesses including People & HR Management, Strategy Planning, Financial Management, Growth, Fundraising, and Operations & Execution.

The ScaleUp training program will be led by ABH’s partners. Initial programs will cover a Management Development course led by African Management Institute (www.AfricanManagers.org) will equip managers with skills to empower teams and drive performance; an Investment Readiness program designed by VC4A will teach fundraising, negotiating with equity investors, debt finance and more; FinTech training by 10×1000 (www.10×1000.org) to provide entrepreneurs with the mindset knowledge and skills on the latest fintech topics and technologies to  become drivers of digital economic growth; and Financial Management by the South African Innovation Summit (SAIS) (www.InnovationSummit.co.za) to explore key financial topics around financial management to grow a business.

Beyond the training programs on offer to ABH finalists, the ScaleUp program will also include community-based learning sessions that are open to the wider ABH community including past applicants. One such event will be held this Friday, the 22nd of April at 14:00 GMT | 15:00 WAT | 16:00 CAT | 17:00 EAT and will focus on two topics that are vital to master when becoming a successful entrepreneur “Relationship Building” and “Resilience”. Interested participants can register now by following this link: https://bit.ly/36xopcy

To apply to the 2022 Africa’s Business Heroes competition and gain access to a wide range of benefits, enter your application on ABH’s official site (https://bit.ly/3OqQ6oq). You can also follow Africa’s Business Heroes (ABH) on LinkedIn (https://bit.ly/36yDUB9), Twitter (https://bit.ly/3Or4fCd), Facebook (https://bit.ly/3L39gil) and Instagram (https://bit.ly/3kgDMtn).

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

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RIOT Network and MediaTek collaboration expands digital access in South Africa through innovative, community-driven Wi-Fi solutions

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MediaTek

RIOT Network aims to make fast, unlimited Wi-Fi services accessible for people in townships and underserved communities

JOHANNESBURG, South Africa, November 22, 2024/APO Group/ — 

MediaTek (www.MediaTek.com), a global fabless semiconductor company powering nearly 2 billion connected devices a year, and RIOT Network (https://RIOT.Network), a community mobile broadband provider in South Africa, have announced the successful integration of Mediatek’s Filogic 830 (https://apo-opa.co/3CIbkNl) chipset into RIOT’s second-generation CROWDNet Core Nodes.

The successful deployment of the CROWDNet nodes has enabled RIOT Network to achieve its aim of offering uncapped internet at an affordable price of R99 per month, and to do so profitably. To date, RIOT Network, in partnership with Sonke Telecommunications, has leveraged the nodes to connect more than 800 households and 5000 users in Olievenhoutbosch to uncapped Wi-Fi services.

RIOT Network aims to make fast, unlimited Wi-Fi services accessible for people in townships and underserved communities. Its CROWDNet Nodes, enable an innovative model for deploying user-operated network infrastructure. Community members serve as operators of some of the core network devices to earn a share of the fee from neighbours who use the service.

With each new connection, RIOT Network is highlighting the role of innovative fixed-wireless solutions in extending broadband access and improving digital inclusivity

CROWDNet powered by MediaTek Filogic 830 brings affordable, last-kilometre broadband to communities where it is not commercially viable to deploy towers or fibre. The MediaTek Filogic 830 is a high-performance SoC for routers, repeaters, access points and mesh networking devices. The SoC enables device makers to build-in powerful applications based on an energy-efficient, Wi-Fi 6-ready platform.

“The Mediatek’s Filogic 830 chipset delivers a unique balance of high performance and cost-efficiency, allowing us to keep operational costs low while maximising network reliability and speed,” said Jarryd Bekker, CEO at RIOT Network. “This combination of affordability and sustainable business growth is pivotal to our vision of expanding digital access in underserved communities. Our work in Olievenhoutbosch near Centurion demonstrates the power of reliable, affordable internet, creating new opportunities for economic and social engagement.”

“With each new connection, RIOT Network is highlighting the role of innovative fixed-wireless solutions in extending broadband access and improving digital inclusivity,” said Rami Osman (https://apo-opa.co/4ghZBUn), Director for Business Development, MediaTek Middle East and Africa. “We look forward to supporting RIOT in building a future where high-quality internet is accessible and impactful for all.”

Distributed by APO Group on behalf of MediaTek Inc

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African Energy Chamber (AEC) Endorses Inaugural Congo Energy & Investment Forum, Catalyzing Growth in the Republic of Congo’s Energy Sector

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African Energy Chamber

The African Energy Chamber proudly supports the inaugural Congo Energy & Investment Forum, scheduled for March 25-26, 2025 in Brazzaville

BRAZZAVILLE, Republic of the Congo, November 21, 2024/APO Group/ — 

The African Energy Chamber (AEC), as the voice of Africa’s energy sector, proudly supports the inaugural Congo Energy & Investment Forum (CEIF), set to take place in Brazzaville on March 25-26, 2025. Unveiled during African Energy Week: Invest in African Energies in Cape Town by the Republic of Congo’s Ministry of Hydrocarbons, this milestone event signals the nation’s commitment to strengthening its role as a key energy player on the continent, while showcasing a range of investment opportunities. 

Under the leadership of Hydrocarbons Minister Bruno Jean-Richard Itoua, the Republic of Congo has emerged as sub-Saharan Africa’s fourth-largest oil producer, with anticipated production of 280,000 barrels per day (BPD) by the end of 2024 and ambitions to reach 500,000 BPD within three to five years. Building on this momentum, the CEIF will highlight innovative projects and foster strategic partnerships that enhance investment, drive economic growth and position the Congo as a leader in Africa’s energy expansion.

Meanwhile, Société Nationale des Pétroles du Congo (SNPC), led by CEO Maixent Raoul Ominga, is spearheading the Congo’s energy growth. SNPC holds a majority stake in the Mengo Kundji Bindi II permit, with 2.5 billion barrels of estimated oil potential. The company is developing the site through 13 wells, 3D seismic data acquisition, and the construction of six production platforms. 

We are honored to secure the Chamber’s endorsement for this pivotal forum

With the Chamber’s official support, the CEIF is set to attract government leaders, C-suite executives from major IOCs and energy experts, who will offer critical insights into Congo’s oil, gas and energy sector developments. The country is overhauling its gas sector to unlock 10 trillion cubic feet of resources through a comprehensive Gas Master Plan and new Gas Code that introduces favorable fiscal terms and enables small-scale project development, as well as large-scale, integrated gas megaprojects like Eni’s Congo LNG and Wing Wah’s Bango Kayo. 

“The Congo Energy & Investment Forum marks a major milestone for the country, amplifying its strategic energy initiatives and showing industry stakeholders that it is serious about advancing its energy sector. We look forward to supporting this forum, which promises to connect investors, drive impactful partnerships and elevate the Congo’s position within Africa’s energy sector,” says NJ Ayuk, Executive Chairman of the AEC.  

“We are honored to secure the Chamber’s endorsement for this pivotal forum, which, through its vast network and influence, will help attract key stakeholders and decision-makers to the event. Together, we aim to highlight the immense potential of the Congo’s energy sector, foster strategic partnerships and drive transformative investments that contribute to sustainable growth across the industry,” notes James Chester, CEO of Energy Capital & Power, organizers of the CEIF.   

This premier forum provides a unique platform for connecting local and international investors with high-impact opportunities across a diversified range of energy projects, paving the way for collaborations that drive growth and transformation. The AEC’s endorsement underscores its commitment to fostering strategic partnerships, sustainable investment and regional cooperation, aligning with its broader mission to make energy poverty history across the continent by 2030.  

As the energy industry continues to serve as a critical pillar of the Congolese economy and a catalyst for sustainable development, the AEC remains dedicated to supporting initiatives like CEIF that foster progress, investment and partnerships across the African energy landscape. 

For more information, please visit www.CongoEnergyInvestment.com

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

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Any Successful African Energy Policy at Conference of the Parties (COP) or Anywhere Must Have Oil and Gas at its Core (By NJ Ayuk)

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Conference of the Parties

Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels

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JOHANNESBURG, South Africa, November 21, 2024/APO Group/ — 

By NJ Ayuk, Executive Chairman of the African Energy Chamber (www.EnergyChamber.org).

I believe the ultimate responsibility for getting there is ours and no one else’s. Yes, we need partners to walk alongside us, but the success of our energy movement rests on African shoulders.

To begin with, I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals.

This will be particularly important in COP29 in Baku. It is imperative that African leaders present a unified voice and strategy for African energy transitions. We must make Africa’s unique needs and circumstances clear and explain the critical role that oil and gas will play in helping Africa achieve net-zero emissions in coming decades.

I would encourage African leaders to talk about the need for financing, as well, to make it possible for us to adopt renewable energy sources and set up the necessary infrastructure. Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels.

Africa’s governments have a role to play in a successful African energy movement as well.

Because Africa’s energy industry still can benefit greatly from the presence of international oil companies, our government leaders need to approve contracts with oil and gas companies promptly instead of allowing red tape to delay projects after discoveries are made.

And, they need to offer the kinds of fiscal policies that allow oil companies to operate profitably in Africa. In turn, that will help those companies generate revenue, create jobs and business opportunities, and foster capacity building.

I also would encourage governments and civil societies to reward companies that exemplify positive behavior. Let’s incentivize the kind of activities we want, from creating good jobs and training opportunities to sharing knowledge.

I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals

And there’s more.

We in Africa must work together to create more opportunities for women to build careers in the oil and gas industry at all levels. Our energy industry can’t reach its potential to do good when half of our population is left out. Our progress on behalf of women has not been great—We need to do better, and we need to act quickly.

How the world can support

Now, I mean it when I say Africans are responsible for building the future they want. But, I would love to see Western governments, businesses, financial institutions, and organizations support our efforts.

How? They can avoid demonizing the oil and gas industry. We see it constantly, in the media, in policy and investment decisions, and in calls for Africa to leave our fossil fuels in the ground. Actions like these, even as Western leaders have pushed OPEC to produce oil, are not fair, and they’re not helpful.

I also would respectfully ask financial institutions to resume financing for African oil and gas projects and stop attempting to block projects like the East African Crude Oil pipeline or Mozambique’s LNG projects.

Please understand that with the war in Ukraine, the energy crisis in Europe, and the energy poverty facing our continent, our countries, like many others, are simply choosing the paths they believe are most likely to help their people.

You know, people for years have accused me of loving oil and gas companies more than Africa. The opposite is true. In my frequent travels around the continent, I’ve observed far too many young people with little in the way of opportunities.

I know our young people have aspirations for a better future. I know they have big dreams. And, I know that future is nearly within their grasp.

A thriving, strategically managed energy industry can make it possible for many of these young people, whether it leads to good jobs or it fosters the kind of economic growth that creates jobs in other fields. Even if we only get the lights on in their communities, we’ll be giving our young people hope and improving their chances of realizing their goals.

This is what drives me, the idea that with our ongoing efforts and determination, our young people can realize meaningful opportunities. I encourage each of you to work with us at the African Energy Chamber, in a spirit of cooperation and mutual respect. Together, we can build the kind of African energy movement that our continent, our communities, and our young people need and deserve.

Distributed by APO Group on behalf of African Energy Chamber.

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