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Back in Nairobi for 2023: Celebrating the 20th edition of East Africa Com

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East Africa Com

The event will once again reunite the region’s tech leaders, telecom c-suite executives, promising start-up founders as well as senior regulators and government officials

NAIROBI, Kenya, April 5, 2023/APO Group/ — 

East Africa’s premier technology, telecommunication, media, and broadcasting event will return to Nairobi on 25-26 April after a three-year digital hiatus. Celebrating its 20th anniversary, the event will once again reunite the region’s tech leaders, telecom c-suite executives, promising start-up founders as well as senior regulators and government officials as over 50 industry heavyweights from Safaricom, Telkom Kenya, Kenya’s Ministry of ICT, Innovation and Youth Affairs, Djibouti Telecom, Google, Microsoft, Airtel, and more take to the event’s stage to impart their wisdom.

As one of the continent’s tech powerhouses where the pace of new technologies adoption such as 5G remains high, East Africa, as it continues its digital transformation journey, offers exciting opportunities which will be analysed in the event’s programme, alongside barriers that need to be overcome to unlock the region’s full tech potential.

East Africa Com will delve into a great variety of highly time-sensitive topics. From exploring topics around the 4IR and how East African can lead in an era of economic disruption to combatting cyber-attacks threats, or the next phase in the region’s fintech revolution and the war for talent, East Africa Com will present a rich and diverse agenda.

“In a sector as dynamic as tech, in a region as diverse as East Africa, we want to showcase and celebrate the incredible pace of innovation as well as the resilience of the region’s tech sector” explains Ciara McDonald Heffernan, Event Director for East Africa Com. “Our ambition is clear: We are committed to building a programme that will help educate the industry on some of the exciting projects and play a key role in facilitating strong partnerships across the region.”

Some of the sessions attendees can look forward to include a panel uniting East African Operators including Andy Halsall, CEO at poa!, Gerishon  Gitonga, Head of Network Planning at Safaricom and Bonface Ndawala, CEO at Malcel discuss novel routes to delivering meaningful connectivity to underserved areas.

Last mile connectivity will be key to unlocking the next stage of East Africa’s Digital transformation and we look forward to having our Opening Keynote, George Njuguna, Director, Information Technology (CIO) at Safaricom share his insights on Vision 2030 and the role of Technology Talent and Digital Skills in Building East Africa’s Digital Economies.

An important aspect of this Digital Transformation has been the evolution of telcos in the region, and we will be gathering experts from Djibouti Telecom, Telkom Kenya and TESPOK to analyse the evolution of telcos in the region and the importance of putting digital at the heart of East Africa’s telecommunication strategies.

We will also be welcoming key policymakers at the event, and we are looking forward to hearing from experts from the Deputy Director at Kenya’s Ministry of ICT, Innovation and Youth Affairs, Google, Telkom Kenya and Microsoft who will share their insights (https://apo-opa.info/3nPcsaF) on how best to regulate the tech sector to spur innovation and combat some of the key barriers to growth.

Overall, the two-day programme will explore the role of technology in driving socio-economic growth by tackling some of the most pressing challenges faced by the region today.

The two-day programme will explore the role of technology in driving socio-economic growth by tackling some of the most pressing challenges faced by the region today

A powerful start-up focused platform

To mirror East Africa’s vibrant start-up scene, the event will host a dedicated one-day platform, AHUB East, to bring the region’s most inspiring startup founders under one roof on 26 April. The agenda will see discussions articulated around key topics such as empowering startups to face investors or how East Africa’s tech startup ecosystem can contribute to the region’s sustainable future. Especially anticipated is the timely fireside chat discussion on the impact of the Silicon Valley Crisis and what lessons Eastern African startups can learn to best future-proof their businesses.

To guide the discussions, AHUB East brings an inspiring mix of entrepreneurs, investors and other experts to take to the stage, including Gibson Kawago, Founder at WAGA Tanzania, John Kamara, Founder at AFAYREKOD, Jay Katatumba, Investor Director at Africa50 or Stephen Ogweno, CEO at Lifesten Health

Beyond knowledge-sharing, AHUB East will also help unlock new business opportunities by fostering connections between founders and investors. It will also see some of the region’s most promising startups battle on stage during a live pitch competition where judges Laurie Fuller, Venture Partner at Raiven Capital, Dario Giuliani, Founder & Director at Briter Bridges and John Kimani, Developer Ecosystem Program Manager at Google Kenya will put them to the test to crown the winner.

AHUB East’s live pitch competition judge, Laurie Fuller, explains that “Judging start up pitches is like unearthing hidden gems, each glint revealing the boundless potential of human ingenuity and the promise of a brighter future.”

Celebrating East Africa’s tech pioneers

On the evening of 25 April, the East Africa Com Awards will recognize and celebrate the best and brightest in the region who are driving digital transformation. The seven award categories will put the spotlight on the individuals, organizations, and companies for their commitment and achievements in the digital space. The awards include Inspiring Leader of the Year, Female Innovator of the Year, Fintech Innovation of the Year, Startup of the Year, Connectivity Champion of the Year, Changing Lives Award and Most Innovative Product or Service of the Year.

After receiving close to 100 applications, the shortlisted candidates are now subject to a round of public votes until 14 April that will determine the top three finalists across each category. Their award submissions will then be submitted to a panel of judges before the winners are unveiled during the exclusive awards ceremony.

The event will be a great opportunity to recognize the hard work and dedication of those who are at the forefront of the region’s digital revolution. It is also an opportunity to learn more about successful business models and innovative approaches. The East Africa Com Awards will be a great platform to connect with industry leaders, share experiences, and build relationships that could open new doors for growth and success.

A platform for leaders

Featuring high-level presentations and tailored roundtable discussions, the LeadersIn East Africa Summit taking place on 25 April is a unique opportunity to interact with senior corporate and government leaders to identify tomorrow’s opportunities and challenges.

These interactive, curated, invite-only sessions will explore the current critical issues affecting Africa’s development, with industry leaders, policymakers, regulators, and other ecosystem players working to progress the region’s digital transformation journey. The closed-door roundtables provide a unique forum to build meaningful connections, share experiences and drive valuable outputs and will focus on topics as important as the war on talent, driving gender equality, the role of telcos in driving digital inclusion and responsible leadership.

Distributed by APO Group on behalf of East Africa Com.

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Golar Liquefied Natural Gas (LNG),Chief Commercial Officer (CCO) Joins Invest in African Energy (IAE) 2025 Speaker Lineup

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Liquefied Natural Gas

Federico Petersen, Chief Commercial Officer of Golar LNG, will share his expertise on the future of LNG in Africa and the role of floating LNG solutions in driving the continent’s energy transformation at the Invest in African Energy Forum in Paris next month

PARIS, France, April 25, 2025/APO Group/ –Federico Petersen, Chief Commercial Officer (CCO) of Golar LNG, will join the upcoming Invest in African Energy (IAE) 2025 Forum in Paris to discuss scaling LNG in Africa, overcoming infrastructure challenges and attracting investment. With Africa rapidly expanding its gas infrastructure, Petersen’s insights are expected to showcase how innovative LNG solutions can support sustainable energy growth across the continent.

As a global leader in floating LNG (FLNG) solutions, Golar LNG is advancing gas monetization across Africa. The company is actively involved in several key projects, including the Hilli Episeyo FLNG facility off the coast of Cameroon, operational since 2018, which plays a crucial role in unlocking regional gas resources with cost-effective, scalable LNG production. Golar LNG is also a key player in the Greater Tortue Ahmeyim project offshore Senegal and Mauritania, where it owns and operates the Gimi FLNG, which received its first feed gas in January 2025, marking a major milestone in LNG export operations.

IAE 2025 (https://apo-opa.co/3ECl25bis an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Additionally, Golar LNG is exploring further opportunities across the continent, including ventures in the Republic of Congo and Nigeria. In June 2024, the company signed an agreement with the Nigerian National Petroleum Corporation to deploy an FLNG vessel in the Niger Delta, utilizing 500 million cubic feet of gas per day to generate LNG, propane and condensate, with a final investment decision expected later this year.

The growth of LNG in Africa is set to accelerate in the coming years as key markets seek to tap into their vast natural gas reserves. As such, Petersen’s participation at IAE 2025 is poised to showcase the pivotal role of FLNG in enhancing energy security, driving economic growth and fostering regional cooperation.

As the global energy landscape shifts toward cleaner, more sustainable sources, LNG will remain crucial in powering Africa’s future, offering a reliable transition fuel to support the continent’s ambitious energy goals. With IAE 2025 as a platform for high-level dialogue and partnerships, the forum will provide an invaluable opportunity for stakeholders to explore the latest LNG developments, deepen collaboration and drive investments that will shape the future of African energy.

Distributed by APO Group on behalf of Energy Capital & Power

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VFD Group Plc Reports Remarkable Growth in Audited Financial Statement for 2024 Financial Year

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VFD Group Plc

Net investment income surged by 95% to N59.0 billion, despite a spike in investment expenses to N15.5 billion from N7.4 billion in 2023

LAGOS, Nigeria, April 25, 2025/APO Group/ –In a stunning turnaround, VFD Group Plc (https://VFDGroup.com), a proprietary Investment firm, has announced its audited financial results for the year ended December 31, 2024, showcasing exceptional growth. The journey to this milestone was paved with strategic initiatives and a relentless pursuit of innovation.

Just a year ago, businesses globally struggled with macroeconomic headwinds, and VFD Group, not an exception, reported a pre-tax loss of N1 billion in 2023. However, the team’s dedication and forward-thinking approach yielded impressive results. The Group reported a pre-tax profit of N11.2 billion, representing a 1202% year-on-year growth.

Net investment income surged by 95% to N59.0 billion, despite a spike in investment expenses to N15.5 billion from N7.4 billion in 2023. Net revenue increased by 90% to N71.0 billion, while operating profit grew by an impressive 104% to N48.8 billion.

The company’s financial performance was nothing short of remarkable, with notable achievements including:

– Investment and similar income: N74.6 billion, up 98% YoY

– Net investment income: N59.0 billion, up 95% YoY

– Net revenue: N71.0 billion, up 90% YoY

– Operating profit: N48.8 billion, up 104% YoY

– Pre-tax profit: N11.2 billion, a significant turnaround from a N1 billion loss in 2023

As of April 22, 2025, VFD Group’s market capitalisation surged by 116% to hit N121.6 billion from N56.2 billion year to date.

These outstanding results reflect the success of our team’s efforts. As VFD Group looks to the future, it remains committed to delivering exceptional value to its customers and stakeholders.

Distributed by APO Group on behalf of VFD Group Plc.

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African Energy Chamber (AEC) Champions Smart Policy, Strategic Partnerships to Advance Namibia’s Oil & Gas Discoveries

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African Energy Chamber

The African Energy Chamber is a strategic partner of the Namibia International Energy Conference, which kicked off today in Windhoek

WINDHOEK, Namibia, April 24, 2025/APO Group/ –As a strategic partner of the Namibia International Energy Conference (NIEC), the African Energy Chamber (AEC) (www.EnergyChamber.org) is calling for a deliberate and accelerated approach to moving Namibia’s recent oil and gas discoveries into production – emphasizing the importance of speed, investor confidence and strategic collaboration.

Speaking during a high-level panel at NIEC 2025, AEC Executive Chairman NJ Ayuk urged Namibia to seize the momentum of its frontier discoveries, while avoiding the pitfalls that have stalled progress in other hydrocarbon-rich African nations. He emphasized that Namibia’s path to becoming a regional energy hub hinges on its ability to learn from international case studies and execute deals that ensure long-term national benefit.

“Namibia needs to move fast, produce quickly and negotiate the best deals with its partners to ensure the rapid development of its oil discoveries,” Ayuk stated. He pointed to Guyana as a prime example, noting how the South American country developed a robust strategy focused on national benefit and successfully attracted billions in investments to fast-track its energy projects.

Namibia needs to move fast, produce quickly and negotiate the best deals with its partners to ensure the rapid development of its oil discoveries

In contrast, Ayuk cautioned against the delays experienced by countries like Mozambique, Tanzania, Uganda and South Africa, where production was significantly postponed, leading to rising project costs and lost opportunities. “There is a growing movement trying to discourage Africa – and Namibia – from producing its oil and gas. We must resist that,” he added.

Reinforcing the need for investor-friendly terms, Justin Cochrane, Africa Upstream Regional Research Director at S&P Global Commodity Insights, highlighted the necessity of contract stability, transparent data-sharing and a balanced approach to fiscal negotiations. “It’s natural that Namibia wants to maximize its benefits, but pushing too hard on IOCs can result in getting 100% of nothing… The first milestone must be achieving first oil,” said Cochrane.

Representing Namibia’s national oil company, Victoria Sibeya, Interim Managing Director of NAMCOR, stressed that the company is actively engaged in every phase of the industry, from data acquisition and exploration to shaping the downstream and midstream vision. “We are not just bystanders,” said Sibeya. “NAMCOR is deeply involved in data acquisition, exploration and the exchange of knowledge and technology with our partners. We are also preparing to invest in downstream and midstream sectors to ensure that we can add value once production begins.”

Echoing the call for local development, Adriano Bastos, Head of Upstream at Galp, underscored the need for early and continuous skills development – proposing that Namibians be trained abroad in specialized areas like FPSO operations to ensure they are prepared to lead once production begins at home. “Namibia has capabilities that are rare in the region, but more collaboration with international partners is essential to build the local skills base,” he said.

Bastos noted that Namibians make up 25% of Galp’s workforce in the country, including its first female offshore base manager. “We are proud of the strides we have made. Our nationalization plans are aggressive, and we work closely with [the Namibian Ports Authority] and other local entities to implement meaningful capacity-building projects.”

As Namibia stands on the cusp of transforming exploration success into production, the message from industry leaders is clear: time, trust and talent will determine the country’s trajectory. Through cross-border collaboration, pragmatic deal-making and a strong national vision, Namibia can emerge not just as an oil producer – but as a continental model for inclusive, forward-thinking energy development.

Distributed by APO Group on behalf of African Energy Chamber

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