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Afrika Insights Inc joins The Canada-Africa Chamber of Business

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Felix Ofulue

CEO Felix Ofulue will address the 3-day gathering during the session on Knowledge Generation: The Role of the Chamber’s Institutional and Research Members across Africa

TORONTO, Canada, August 8, 2023/APO Group/ — 

Afrika Insights Inc., an Ontario-based risk advisory and publishing company, joined The Canada-Africa Business Chamber (https://www.CanadaAfrica.ca) last month, ahead of the annual Canada-Africa trade and investment forum, Africa Accelerating (https://apo-opa.info/3Yt3v56). The firm’s primary objective is to provide Canadian companies and individuals with the information and knowledge to make beneficial investments in Africa.

During Africa Accelerating 2023, the Chamber’s premier event each year, CEO Felix Ofulue will address the 3-day gathering during the session on Knowledge Generation: The Role of the Chamber’s Institutional and Research Members across Africa.

“For many businesspeople and investors in developed countries such as Canada, Africa was for long an uncharted territory,’’ says Felix Ofulue, who is proud of his experience working for The Coca-Cola Company across Africa for almost two decades. ‘’Many money and asset managers avoided the continent for reasons including political instability, lack of amenities and utilities needed to run a business, frequent policy changes and the absence of the kind of predictability that minimizes risk.”

Afrika Insights is led by outstanding professionals with the right skills and experience to deliver actionable advisories in a rapidly changing global environment

“Yet for those who dared, Africa consistently yielded among the highest rates of return on investment globally for the past two decades when compared with other emerging and frontier markets, adds Ofulue. ‘’Whether in long-term foreign direct investment or in portfolio flows, Africa has hugely benefited those who understood it’s terrain and navigated it’s risks with knowledge.”

Afrika Insights argues it is in prime position to provide timely and up-to-date business and political risk analyses to guide investors to profitable investment decisions across Africa: ‘’In a globalized world in which people are increasingly interconnected and can engage in real-time, instantaneous communication from any point in the globe, business opportunities are also transcending old barriers and boundaries. New risks are also emerging. Afrika Insights is led by outstanding professionals with the right skills and experience to deliver actionable advisories in a rapidly changing global environment.’’

Felix Ofulue, Afrika Insights Inc.’s Chief Executive Officer, says his experience at The Coca-Cola Company across Africa for almost 20 years included ‘stints in the east, south and west of the continent.’’ He now manages a team of researchers and analysts located across the continent to deliver information in easily digestible formats to our clients and readers.

Included on the team is Dulue Mbachu, a writer and journalist with more than two decades of experience. ‘’Dulue worked for the Reuters and Associated Press news agencies as a journalist covering Africa before he joined Bloomberg News in 2008 as an energy correspondent and went on to become the pioneer Nigeria bureau chief in 2010,’’ says Ofulue. ‘’He worked in other capacities as speed editor and government editor during his 13 years at the company. We are proud to have him serve in overseeing our research and publications at Afrika Insights.’’

Felix Ofulue says he looks forward to the active role he and his colleagues will play, following Afrika Insights’ accession into The Canada-Africa Chamber of Business: ‘’Jointly, and in collaboration with other partners and professionals, we will put our best efforts to support the work of The Canada-Africa Business Chamber toward boosting business relations between Canada and African markets.’’

Distributed by APO Group on behalf of The Canada-Africa Chamber of Business.

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

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February 6, 2026

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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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3 days ago

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February 6, 2026

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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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February 6, 2026

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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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