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Bank of Tanzania Joins Africa Finance Corporation as Equity Shareholder, Strengthening Sovereign Support and Shareholder Diversification

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Tanzania

The investment reflects growing sovereign confidence in AFC’s mandate to mobilise long-term capital for critical infrastructure and industrial development projects across Africa

DAR ES SALAAM, Tanzania, March 18, 2026/APO Group/ –Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent’s leading infrastructure solutions provider, today announced that the Bank of Tanzania (BOT) has made an equity investment in the Corporation, becoming a sovereign shareholder and further strengthening AFC’s diversified capital base and pan-African ownership structure.

The investment reflects growing sovereign confidence in AFC’s mandate to mobilise long-term capital for critical infrastructure and industrial development projects across Africa. It also reinforces the Corporation’s strong institutional positioning following its recent A (Positive Outlook) credit rating from S&P Global Ratings, which highlighted AFC’s robust capital structure, strong shareholder support, and consistent track record of delivering transformational projects across the continent.

The addition of the Bank of Tanzania further enhances AFC’s shareholder diversification strategy, deepening participation from African sovereign institutions and central banks, while reinforcing the Corporation’s role as a trusted partner for governments seeking to accelerate economic transformation through infrastructure-led growth.

We look forward to deepening our engagement in Tanzania and supporting priority sectors that drive industrial growth, regional integration, and long-term economic resilience

The investment comes at a time when African economies are witnessing rising demand for development capital to support industrialisation, energy transition, logistics connectivity, and value-added manufacturing. AFC’s model, anchored on strong sovereign backing and access to global capital markets, continues to position the Corporation as a critical channel for directing capital into high-impact, bankable projects across Africa.

In Tanzania, AFC remains committed to scaling its support through sovereign financing and financial institution partnerships that support national development priorities. These include sovereign budget support facilities to the Ministry of Finance and Planning, as well as trade finance lines to local financial institutions to strengthen liquidity, facilitate trade, and support private sector activity. These investments will solidify AFC’s continued partnership with Tanzania in advancing economic stability and enabling long-term infrastructure and industrial development.

Commenting on the equity investment, Samaila Zubairu, President & CEO of Africa Finance Corporation, said: “We are honoured by this decision and value it as a strong vote of confidence in AFC’s mandate and track record. BOT’s commitment reinforces the strategic importance of African-led institutions that can mobilise long-term capital at scale for bankable infrastructure and industrialisation projects across the continent.”

He added: “The Bank of Tanzania’s investment further strengthens our sovereign shareholder base and reflects the growing recognition of AFC as a reliable partner in bridging Africa’s infrastructure gap and fostering sustainable development across the continent. We look forward to deepening our engagement in Tanzania and supporting priority sectors that drive industrial growth, regional integration, and long-term economic resilience.”

H.E. Emmanuel Tutuba, Governor of the Bank of Tanzania, said: “Africa Finance Corporation has demonstrated a strong track record in mobilising long-term capital for infrastructure and industrial development across the continent. Our investment reflects confidence in AFC’s model and aligns with Tanzania’s priorities to strengthen economic resilience, support private sector growth, and advance sustainable development through strategic partnerships.”

Through its expanding shareholder base and strong sovereign partnerships, AFC continues to advance its strategy of mobilising domestic and international capital into Africa’s most critical infrastructure assets, supporting sustainable economic growth and enhancing the continent’s competitiveness in global value chains.

Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

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PT Danantara Investment Management opens DPT registration for PSEL partners

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JAKARTA, INDONESIA – Media OutReach Newswire – 19 March 2026 – In its efforts to accelerate the energy transition while addressing the growing challenge of urban waste, the government has tapped PT Danantara Investment Management (DIM) to seek capable partners in developing waste-to-energy (WtE) power plant projects, locally known as Pengolahan Sampah Menjadi Energi Listrik (PSEL).

The PSEL program is supported by Presidential Regulation (Perpres) No. 109/2025, which governs urban waste management through environmentally sustainable renewable energy solutions.

The initiative begins with the establishment of a verified providers list (Daftar Penyedia Terverifikasi or DPT), a pre-qualification mechanism designed to identify companies with proven track records, strong financial capacity and technical expertise in WtE.

To that end, collaboration with private partners scheme reflects the government’s intention to share risks with the private sector while leveraging its expertise, ensuring that projects are not only delivered but also remain operationally sustainable.

Participation in the DPT is open to single entities and consortiums, both local and foreign, provided their countries maintain diplomatic relations with Indonesia.

In addition, DIM has appointed an independent registration and verification (R&V) agent to ensure a credible and transparent process, ensuring that prospective partners included in the list undergo a structured and transparent evaluation.

“The program is designed to ensure that the establishment of the DPT is carried out in a transparent and systematic manner, in line with good governance principles,” PT Danantara Investment Management said in an official statement.

The submission period for verification documents will run from March 25 to April 25, with DIM set to hold virtual technical discussions (aanwijzing) in two cycles to provide further clarity on technical requirements. The first cycle is scheduled for March 26, followed by the second on April 1. Each cycle will include two sessions to accommodate across different time zones.

While attendance at the aanwijzing sessions is not mandatory, they are expected to serve as an important forum for prospective participants to better understand the application requirements before submitting final documents through the official channel.

Interested companies can write indication of interest by email through registrationwte@danantaraindonesia.com

For further information, providers may refer to

https://www.danantaraindonesia.co.id/media-center/highlight/dim-waste-to-energy-verified-participants-list-registration-2026

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RusselSmith and Ghana Maritime Authority in Discussions to Deploy 3D Manufacturing Solutions Across Ghana’s Maritime Sector

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The potential partnership, facilitated by the Commonwealth Enterprise and Investment Council (CWEIC), validates RusselSmith’s strategic commitment to building advanced manufacturing infrastructure

LAGOS, Nigeria, March 12, 2026/APO Group/ –RusselSmith (www.RusselSmithGroup.com), Nigeria’s leading provider of advanced manufacturing and asset integrity solutions, has confirmed discussions with the Ghana Maritime Authority (GMA) regarding the introduction of the company’s 3D manufacturing capabilities to Ghana’s maritime sector. The growing regional interest in RusselSmith’s advanced manufacturing solutions underscores Nigeria’s emergence as a credible hub for industrial innovation on the African continent.

The potential partnership, facilitated by the Commonwealth Enterprise and Investment Council (CWEIC), validates RusselSmith’s strategic commitment to building advanced manufacturing infrastructure that serves not only Nigeria but the broader West African region. With over two decades of experience serving critical industries across the sub-region, the company has positioned itself at the forefront of a technological shift with far-reaching implications for industrial resilience and economic development.

During a courtesy visit to the Ghana Maritime Authority, Kayode Adeleke, Co-founder and CEO of RusselSmith, highlighted the stark reality that while the global 3D manufacturing market was valued at approximately $32 billion in 2024, Africa currently accounts for only about two per cent of that market. This industrial gap, Adeleke emphasised, represents both a challenge and an opportunity for the continent.

To bridge this divide, RusselSmith is preparing to commission the Omnifactory, Nigeria’s first multi-technology industrial 3D manufacturing facility, in Lagos, with plans to develop a flagship Mega Omnifactory facility in Nigeria later this year. Together, these investments are designed to establish Nigeria as a continental anchor for advanced industrial solutions, enabling the local production of complex and critical components across multiple sectors, from maritime and defence to oil and gas, and reducing the cost and lead times associated with importing specialised parts.

When African countries can access advanced manufacturing capabilities locally, we reduce dependence on international supply chains

Speaking on RusselSmith’s regional ambitions, Adeleke said, “What we are building in Nigeria is advanced manufacturing infrastructure and exportable expertise. The interest from Ghana and other countries in the region validates our approach. When African countries can access advanced manufacturing capabilities locally, we reduce dependence on international supply chains, create high-value jobs, and retain economic value within the continent.”

A practical demonstration of this capability is RusselSmith’s 3D manufacturing technology for vessels, which can produce boats of up to 12 metres in length through large-format additive manufacturing. These vessels offer a sustainable and faster alternative to traditionally constructed boats, which impose significant production timelines and high maintenance burdens on operators across West Africa.

Dr. Kamal-Deen Ali, Director-General of the Ghana Maritime Authority, has noted that RusselSmith’s proposal aligns with Ghana’s strategic goal of becoming a leading Blue Nation by prioritising maritime safety and environmental sustainability. The technology’s potential to modernise transport infrastructure while reducing pressure on forest resources presents a compelling case for regional cooperation.

RusselSmith’s capabilities extend across oil and gas, defence, aerospace, and maritime sectors, delivering integrated solutions in asset integrity management and advanced manufacturing. Its ISO-certified operations and partnerships with leading global technology providers reflect its commitment to world-class standards and continuous innovation.

As supply chain vulnerabilities continue to challenge industries across Africa, the ability to manufacture critical components locally represents a strategic advantage with national and regional implications. RusselSmith’s model of combining local expertise with advanced technology offers a practical pathway for building operational resilience while creating sustainable value across the continent.

The discussions between RusselSmith and the Ghana Maritime Authority are ongoing, and both parties look forward to advancing a partnership that could serve as a model for regional industrial cooperation.

Distributed by APO Group on behalf of RusselSmith.

 

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TECNO CAMON 50 Series: Redefining Professional Imaging through the Power of Practical Artificial Intelligence (AI)

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The new imaging flagship series fuses advanced hardware with visionary TECNO AI to empower artistic creation, streamline daily life, and safeguard the digital experience

BARCELONA, Spain, March 12, 2026/APO Group/ –AI-driven innovative technology brand TECNO (www.Tecno-Mobile.com) today took the stage at MWC 2026 to unveil the CAMON 50 Series. Featuring the CAMON 50 Ultra 5G, CAMON 50 Pro, and CAMON 50, the lineup represents a bold evolution in mobile technology—seamlessly merging professional-grade hardware with intuitive, integrated AI.

A Professional Imaging System, Re-imagined with AI

The CAMON 50 Ultra 5G is a powerhouse built for visionaries. At its core lies a segment-leading 50MP Sony LYTIA 700C Ultra Night Camera, engineered to achieve exceptional clarity even in the most challenging low-light environments. Complementing this is a dedicated 50MP 3X Telephoto Camera (available on Ultra 5G and Pro models) that brings the iconic 70mm portrait focal length to your fingertips. Whether capturing intimate, flattering close-ups or seizing crisp action from across a stadium with its AI 60X SuperZoom, this flagship system ensures every perspective is rendered with professional-grade precision.

Beyond the lens, the AI RAW 2.0 imaging engine acts as the brain of the CAMON 50 Ultra 5G system, mastering complex light and detail to deliver surgical accuracy and crystalline clarity. The experience is further elevated by Super-Zoom FlashSnap, a breakthrough that seamlessly merges high-speed action capture with powerful telephoto capabilities, allowing users to freeze split-second emotions with perfect precision even from a distance. To perfect the creative process, the industry-first AI Auto Zoom serves as an on-the-go editor, intelligently detecting subjects and cropping for optimal composition into a gallery-ready masterpiece.

Underscoring its exceptional imaging capabilities, the CAMON 50 Ultra 5G achieved an impressive DXOMARK overall camera score of 146—the highest for smartphones under $600—along with a stellar portrait score of 142, ranking among the top in its price segment. “With the upcoming CAMON 50 Ultra 5G, TECNO’s proprietary Universal Tone technology confirms a bright and engaging image style that closely matches how users naturally see the scene. Combined, these strengths will make the CAMON 50 Ultra 5G stand out as a compelling choice for accurate and inclusive skin tone rendering under $600,” commented Frédérique Guichard, CEO of DXOMARK.

We’ve focused on making cutting-edge AI feel warm and intuitive, a natural extension of your creativity and your daily life

Everyday AI: A Creative and Efficient Partner

TECNO believes AI should empower your vision, not complicate it. The CAMON 50 Series debuts the industry-first AI Art Gallery, a creative sanctuary where ordinary photos transcend into extraordinary art. Driven by the Dream Scape Model, it offers a global palette of artistic styles, allowing you to reimagine your world through the lens of world-renowned masterpieces or vibrant local heritage. This creative freedom extends beyond the static: the AI Image-to-Video Generator breathes life into still images, while Live Photo captures the heart of every moment and AI 3D PhotoSpace adds immersive spatial depth to ordinary photos.

Even in challenging environments, AI LightMaster 2.0 acts as your invisible lighting crew, vanishing glare, reflections, and distracting shadows with a single tap. Beyond the lens, this intelligence is woven into the fabric of daily life. A dedicated AI Key puts a professional researcher and editor in your pocket; whether you are distilling complex articles with One-Tap FlashMemo, refining social media captions via AI Writing 2.0, or managing wellness via the AI Health Assistant. The upgraded AI assistant, Ella, has evolved into a versatile mentor, serving as your personal Oral Practice Partner and a 24/7 problem-solving tutor.

The CAMON 50 Series also leverages the OneLeap platform to deliver a “silky smooth” experience with TECNO Laptops and MEGAPADs. This interconnected hub facilitates Phone Mirroring, Keyboard and Mouse Sharing, as well as Cross-device Copy and Paste for Text and Image, transforming the series into a high-efficiency workspace.

Engineered for Confidence: Security and Durability Built to Last

The CAMON 50 Series is engineered as a steadfast guardian of your digital life. It marks the debut of TGuard, TECNO’s comprehensive security ecosystem. A defining pillar of TGuard is its industry-first off-grid search technology, enabling you to pinpoint your device’s location even without a SIM card or when the battery is completely depleted.

The flagship CAMON 50 Ultra 5G delivers reliable performance powered by the MediaTek Dimensity 7400 Ultimate processor. All models in the series feature a 1.5K 144Hz Ultra-bright AMOLED display for ultra-smooth visuals. Durability is paramount, with the series featuring the highest IP68/IP69/IP69K dust and water resistance. This is coupled with a 5-year durability battery of up to 6500mAh (varies by market) and 45W Super Charge. For explorers, the innovative FreeLink technology allows for network-free calling and messaging over Bluetooth Long Range.

“The CAMON 50 Series is designed to be a thoughtful partner in your day,” said Jack Guo, General Manager of TECNO. “The AI isn’t just for show; it’s there to help, whether that’s by remembering important information for you, giving your photos a creative twist, or simply making your phone smarter and easier to use. We’ve focused on making cutting-edge AI feel warm and intuitive, a natural extension of your creativity and your daily life.”

Distributed by APO Group on behalf of TECNO Mobile.

 

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