Connect with us
Anglostratits

Business

Amini, Foxconn and Bull Join Forces to Advance Sovereign Artificial Intelligence (AI) in the Global South

Published

on

Amini

Partnership establishes a new model for locally anchored AI compute capacity, designed for the regulatory, operational, and economic conditions of emerging markets

NAIROBI, Kenya, May 12, 2026/APO Group/ –Amini (https://www.Amini.ai/), a sovereign AI infrastructure company, today announced a strategic partnership alongside Hon Hai Technology Group (Foxconn), the world’s largest electronics manufacturer, and Bull, a global leader in high-performance computing, artificial intelligence and quantum computing, to close the sovereign compute gap across Africa and the Global South, giving governments, telecom operators, financial institutions, and energy companies direct access to industrial-grade AI data centre infrastructure they can acquire, install, and operate locally. The partnership marks Foxconn’s first dedicated infrastructure initiative focused on African markets and establishes Amini as its strategic partner across Africa and other emerging economies.

 

Amini operates one of Africa’s leading platforms for locally anchored compute and data capacity, working across multiple markets with governments and enterprises to strengthen domestic AI infrastructure.

Foxconn is the world’s largest AI server provider with its technology-intensive hardware underpinning the global AI economy, including advanced computing systems, server architecture, and modular data centre technologies used by the world’s leading firms. Through the partnership, these systems are made accessible to African and Global South institutions in configurations designed for local operating conditions and regulatory environments.

The partnership is supported by French-government owned Bull as it  builds on its existing collaboration with Amini to support sovereign AI infrastructure projects. Committed to fostering local ecosystems and regionalized AI, Bull brings additional systems integration capabilities with a longstanding experience covering the full spectrum of high-performance and artificial intelligence, from systems and components to platforms and use cases.

The announcement was made at the Africa Forward Summit, hosted in Nairobi on 11–12 May 2026, a high-level convening of heads of state, business leaders, and global institutions advancing Africa’s strategic position in the digital economy.

Speaking at the opening of the Africa Forward Summit on Monday 11 May, Emmanuel Macron, President of the Republic of France, said: “[…] this partnership between Amini, Bull and Foxconn for me is a perfect example of this common sovereignty story: African, European and Taiwanese companies. All of us have to face this challenge of sovereignty and reducing our dependencies.”

The market opportunity

The partnership arrives at a defining moment for the global digital economy. Africa’s digital economy is projected to reach USD 1.5 trillion by 2030. Across the Global South, the trillion-dollar demand for AI-enabled services in finance, energy, public administration, and connectivity is materialising faster than the sovereign infrastructure required to serve it. Without locally anchored compute, that demand will be met by external providers, and the economic value it generates will flow outward.

This partnership ensures that Africa and the Global South can acquire, own, and operate AI infrastructure locally, with sovereignty and long-term economic value at its core

Africa’s data centre market is projected to nearly double from USD 3.49 billion in 2024 to USD 6.81 billion by 2030, with installed capacity expected to triple to more than 3,460 megawatts over the same period. The continent’s AI and cloud infrastructure remains concentrated in the hands of a small number of operators. The Amini-Foxconn-Bull partnership signals a shift toward locally anchored, sovereign-aligned AI infrastructure and compute capacity built for African and Global South markets.

The downstream implications are substantial. Locally anchored compute creates skilled employment, strengthens regional technology ecosystems, and retains economic value within domestic markets. Industry estimates place Africa’s AI and data infrastructure value chain at between USD 20 billion and USD 30 billion in revenue by 2030, a figure that compounds significantly when paired with productivity gains across finance, energy, public services, and trade.

Built for African realities: why modular

Traditional hyperscale data centres depend on stable grids, multi-year construction timelines, and capital expenditure profiles that exclude most African and Global South stakeholders.

The modular AI data centre infrastructure provided through the Amini-Foxconn-Bull partnership is engineered for these realities. Systems operate in variable power environments, can be deployed in under 12 months, and scale incrementally with offtake demand. Institutions acquire the capacity they require today and expand over time, in line with usage, and without the cost structure and timeline complexity of conventional builds. Each configuration is designed for full data sovereignty, with data remaining in-country under domestic regulation.

Sovereign capability across the sectors driving African economies

The partnership opens sovereign AI infrastructure to the institutions that anchor national economic activity. Energy and utilities can apply AI to grid optimisation and predictive maintenance. Banks and financial institutions can build risk, credit, and financial inclusion systems independent of external platform dependencies. Telecom operators can run edge AI and network intelligence at scale. In each case, the underlying capability, compute, data, and governance, remains domestically held.

For Amini, the partnership is a structural step toward redistributing how AI capability is built and held globally. “AI is becoming foundational infrastructure for every economy, yet most of the world still lacks the compute capacity required to participate on its own terms,” said Kate Kallot, Founder and CEO of Amini. “This partnership ensures that Africa and the Global South can acquire, own, and operate AI infrastructure locally, with sovereignty and long-term economic value at its core. The trillion-dollar demand for AI services across our markets will be met. The question is whether the infrastructure beneath it is held with us, or for us.”

For Foxconn, the initiative reflects a deliberate expansion into markets where industrial-scale AI infrastructure has historically been absent. “Africa’s participation in the AI economy depends on infrastructure designed for its conditions, not adapted from elsewhere,” said Jesse Chao, Head of AI & Quantum at Foxconn, during the Africa Forward Summit. “This partnership brings Foxconn’s global capabilities into a market model built for sovereign ownership and long-term operational viability.”

For Bull, the collaboration extends a longstanding commitment to sovereign digital capacity in emerging markets. “Africa and more generally the Global South have the potential to emerge as a global-scale AI hub, by continuing to build regional computing capacity and supply chain independence. Bull is proud, through its partnership with Amini and Foxconn, to be a part of this journey, to develop a sovereign AI infrastructure.” said Alexandre Jouys, Chief Commercial Officer and Head of Southern Europe, Middle East and Africa, at Bull. “Our joint solution with Amini reflects a shared conviction that durable digital capacity must be built with the institutions it serves, not delivered to them.”

Distributed by APO Group on behalf of Amini.

 

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

Published

on

Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

Continue Reading

Business

Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

Published

on

IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

Continue Reading

Business

Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

Published

on

The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

Continue Reading

Trending