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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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West African Development Bank (BOAD) and PROPARCO Launch a Landmark €200 Million Cross-Financing Operation to Boost the Private Sector in the West African Economic and Monetary Union (WAEMU) Region

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This structure directly addresses current challenges related to reforming the global financial architecture by introducing an innovative and catalytic financial instrument

Together with BOAD, we are reaching a major milestone in our commitment to boosting financing for African economies, particularly within the WAEMU region

NAIROBI, Kenya, May 14, 2026/APO Group/ –On the sidelines of the Africa Forward summit, the West African Development Bank (BOAD) (www.BOAD.org) and PROPARCO, a subsidiary of the AFD Group, announced the signing of an unprecedented €200 million financing agreement (equivalent to approximately CFAF 131 billion). Structured by Galite as a cross-currency transaction between the euro (EUR) and the CFA franc (XOF), this operation is a global first in both its nature and ambition.

 

This structure directly addresses current challenges related to reforming the global financial architecture by introducing an innovative and catalytic financial instrument. It enables:

More efficient allocation of resources through expanded access to the XOF market, helping diversify financing options for local businesses;

Greater stability through support for the WAEMU region’s foreign exchange reserves, ensuring stronger macroeconomic resilience;

Direct impact through the financing of transformative private-sector projects, a key driver of job creation in the region.

Françoise Lombard, Chief Executive Officer of PROPARCO, stated:

“Together with BOAD, we are reaching a major milestone in our commitment to boosting financing for African economies, particularly within the WAEMU region. This initiative is fully aligned with the momentum to reform the development finance architecture by providing a tangible solution to increase the mobilization of local-currency resources in support of the private sector and local economies.

I am delighted by this partnership, which embodies a truly win-win approach and reflects our shared determination to act with ambition and pragmatism to sustainably support the development of the private sector across WAEMU economies, particularly our clients in the region, to whom we will be able to offer more loans denominated in CFA francs.”

Serge Ekué, President of BOAD, stated:

“The partnership between BOAD and PROPARCO reflects the quality and depth of our strategic cooperation.

Through this initiative, BOAD is reaffirming its role as a mobilizer of resources by attracting additional investment for the benefit of the region. Expanding the range of available financing tools is essential to sustainably support the transformation of WAEMU economies.

This transaction marks an important milestone in our collective ability to channel greater financing toward projects delivering strong economic and social impact across Africa.”

 

Distributed by APO Group on behalf of Banque Ouest Africaine de Développement (BOAD).

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Governor of the Central Bank of Egypt and President of Afreximbank Hold a Press Briefing on Egypt’s Ongoing Preparations to Host the 33rd Afreximbank Annual Meetings in Alamein

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The briefing underscored the strong strategic partnership between Egypt and Afreximbank, while highlighting the Bank’s support for key sectors, including financial services, trade, industrial infrastructure, manufacturing, oil and gas, telecommunications, power, and construction

H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt (CBE), and Dr George Elombi, President and Chairman of the Board of Directors of Afreximbank (www.Afreximbank.com), held a joint press briefing at the CBE’s headquarters on 13 May 2026 to address preparations for 33rd Afreximbank Annual Meetings (AAM2026). The AAM2026 will be held under the patronage of H.E. President Abdel Fattah El-Sisi, President of the Arab Republic of Egypt, in Alamein city from 21 to 24 June 2026.

Attended by over 100 local and international media representatives, both in person and virtually, the briefing provided updates on preparations for AAM2026, expected participation, and Egypt’s role as host country for one of Africa’s leading annual gatherings focused on advancing the continent’s economic transformation.

 

In his remarks, H.E. Mr. Hassan Abdalla, Governor of the Central Bank of Egypt, reaffirmed Egypt’s commitment to the successful hosting of the AAM2026 and emphasised the country’s readiness to host the event as well as its long-standing partnership with Afreximbank to support Africa’s economic development, trade and investment.

 

Mr Abdalla said: “Egypt is honoured to host the 33rd Afreximbank Annual Meetings in Alamein, reflecting our continued commitment to supporting Africa’s economic integration, trade expansion, and sustainable development.”

He also noted that these Meetings represent a high-level platform for dialogue and the exchange of views on the future of African economic and financial cooperation.

He added: “The Meetings extend beyond conventional discussions to advance key continental priorities, including trade finance, regional integration, and the pressing need to reform the global financial architecture to better reflect the development needs of emerging economies.

Dr. George Elombi, President and Chairman of the Board of Directors of Afreximbank, expressed his appreciation to H.E. Mr. Hassan Abdalla for his strong support and commitment to hosting AAM2026 in Alamein and for the efforts by all relevant institutions in coordinating these meetings in Egypt.

 

“Egypt and Afreximbank share a common vision to accelerate Africa’s economic development, industrialisation, and widespread economic prosperity across the continent.

 

“AAM2026 will provide a valuable opportunity to strengthen partnerships, unlock investment opportunities, and advance discussions on intra-African trade, Africa’s financial sovereignty, and its economic resilience in an increasingly complex global environment”.

Egypt and Afreximbank share a common vision to accelerate Africa’s economic development, industrialisation, and widespread economic prosperity across the continent

 

Dr Elombi added that “Through our Annual Meetings, Afreximbank aims to identify priority projects and actionable programmes that will accelerate the transformation of Africa’s trade infrastructure. Africa’s pace of growth will be driven by industrialisation and intra-African trade, and achieving this will require significant improvements in processing, logistics, and importantly, policy support from governments.”

 

The briefing underscored the strong strategic partnership between Egypt and Afreximbank, while highlighting the Bank’s support for key sectors, including financial services, trade, industrial infrastructure, manufacturing, oil and gas, telecommunications, power, and construction.

 

Additionally, the press briefing outlined the significant opportunities associated with Egypt hosting AAM2026, including enhancing the country’s position as a regional financial and business hub, supporting the Meetings, Incentives, Conferences and Exhibitions (MICE) sector, creating new opportunities for Egyptian businesses, investors and the broader private sector, as well as providing a major boost to tourism in Alamein.

 

Dr Elombi said that the Bank has provided approximately US$9.5 billion in financing to Egypt over the past three years. He also referenced the groundbreaking of the Afreximbank African Trade Centre (AATC) in New Administrative Capital in December 2025, noting that the landmark US$250 million development will strengthen Egypt’s role as a regional hub for trade facilitation, payments, logistics, and SME development.

 

Dr Elombi further outlined plans for the proposed pan-African Gold Bank, an initiative designed to formalise Africa’s gold value chains, strengthen central bank reserves, and reduce the continent’s dependence on offshore refining and external trading centres.

 

Over the years, Afreximbank’s Annual Meetings have become one of the leading platforms for shaping dialogue on Africa’s economic future and advancing intra-Africa trade. The 33rd Afreximbank Annual Meetings are expected to bring together Heads of State, government ministers, central bank governors, business leaders, academics, entrepreneurs, private sector investors, and development partners. They will deliberate on the key issues shaping Africa’s economic future and trade agenda, while advancing practical solutions for the continent.

 

The AAM2026 programme will offer policy discussions, plenary sessions, business and investment forums, deal-signing ceremonies, major announcements, networking events, bilateral meetings, and forums on intra-African trade and the African Continental Free Trade Area (AfCFTA). It will also feature presentations on trade finance, industrialisation, energy, infrastructure, and digital transformation.

Distributed by APO Group on behalf of Afreximbank.

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DHL Express Sub-Saharan Africa (SSA) celebrates its 53rd Transported Asset Protection Association’s (TAPA) Facility Security Requirements (FSR) certification

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DHL Express SSA is the most TAPA certified company in the Region and was the first company in the TAPA EMEA Region to attain multi-site certification for a Region

LAGOS, Nigeria, May 14, 2026/APO Group/ —
  • Increases TAPA certifications across the Region, total of 53 sites across Sub-Saharan Africa
  • DHL Express the most TAPA-certified company in SSA
  • Lekki contributes to DHL Express surpassing the 500 facility milestone in TAPA certifications worldwide
  • Part of global €250 million investment in world-class security infrastructure by DHL Express

 

DHL Express (www.DHL.com) has announced that its Service Center in Lekki (Nigeria) has officially been certified according to the Transported Asset Protection Association’s (TAPA) Facility Security Requirements (FSR). This certification contributes to the over 500 TAPA certified sites globally and increase the certifications across Sub-Saharan Africa to 53 sites across 19 countries as part of a multi-site certification.

 

As the world’s most TAPA-certified logistics provider, DHL Express continues to set the benchmark for world-class supply chain security. The certification of 53 facilities in SSA strengthens a network that has already exceeded 500 TAPA-certified facilities globally, supported by a worldwide EUR250 million investment in advanced, industry-leading security technologies and processes. DHL Express SSA is the most TAPA certified company in the Region and was the first company in the TAPA EMEA Region to attain multi-site certification for a Region.

 

Anthony Beckley, VP Network Operations and Aviation at DHL Express SSA said: “Security is a cornerstone of DHL’s operations and a critical enabler of trade across Sub‑Saharan Africa. By continuously strengthening security standards at our facilities across the region, we help protect our customers’ shipments while building confidence in the supply chains that connect Africa to the world. As African businesses expand their reach into global markets, they rely on trusted, resilient, and world‑class logistics partners. We are proud to support this growth through industry‑leading security practices, underscored by our achievement of 500 TAPA certifications worldwide.”

Security is a cornerstone of DHL’s operations and a critical enabler of trade across Sub‑Saharan Africa

 

TAPA (Transported Asset Protection Association) certification is a comprehensive process of membership, verification, and auditing designed to ensure the security of customer shipments throughout the supply chain. It is based on rigorous standards such as FSR (Facility Security Requirements) and TSR (Transport Security Requirements), which can be achieved through independent audits or, for Level 3 (basic), via self-certification by a registered Authorised Auditor (AA), followed by submission of documentation to TAPA for validation and issuance of a certificate typically valid for three years. The Security Requirements established by the Association are recognised worldwide as industry benchmarks, making TAPA certification an essential mark of excellence for customers seeking the highest levels of reliability and protection.

 

This achievement not only affirms DHL Express as the global leader in secure logistics but also highlights Nigeria’s strategic contribution to the company’s security excellence in SSA.

 

Adrian Whelan, SVP and Head of Global Security at DHL Express, commented: “The TAPA certification of Lekki and the 53 sites TAPA certified across the SSA Region highlights DHL Express’ commitment to providing our customers in Africa with world-class security infrastructure. Customers want to ship their valuable goods through a secure and resilient supply chain, and DHL Express provides the most secure and resilient supply chain, not only in SSA but globally”.

 

The TAPA FSR certification is a central element of the broader security strategy of DHL Express. As global supply chains become increasingly complex, certified operations ensure consistent protection, risk mitigation, and resilience across the entire DHL network.

 

The achievement of the TAPA FSR certification was formally celebrated on May 13 during an event hosted at the DHL Express Lekki facility in Lagos, Nigeria. The event brought together private and public sector partners who share the aim of building resilient, transparent, and high-standard logistics ecosystems across SSA.

Distributed by APO Group on behalf of DHL Express.

 

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