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Africa’s Business Heroes Builds Out Vibrant Ecosystem of Partners and Judges

Entrepreneurs and small business owners will have until June 6 to apply for this year’s edition

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Business-Heroes

Entrepreneurs and small business owners will have until June 6 to apply for this year’s edition

KIGALI, Rwanda, May 25, 2022/ — The Africa’s Business Heroes (ABH) prize competition (https://AfricaBusinessHeroes.org) has expanded its ecosystem of partners and judges for its 4th edition. With a more robust partner and judge network in place, the ABH program will be able to better fulfil its mission of spotlighting and supporting entrepreneurs from all industries across the continent.  

Entrepreneurs and small business owners will have until June 6 to apply for this year’s edition. ABH is one of the Jack Ma Foundation’s flagship philanthropic programs. The official slogan for 2022, “It’s African Time”, is a bold call to action to all talented African entrepreneurs who are challenging stereotypes associated with “African time” – creating local impact and building a better, more inclusive future through their businesses.

ABH continues to deepen its partnership with anchor partners – The Room (www.TheRoom.com) (an initiative of the African Leadership International), SA Innovation Summit (SAIS) (https://InnovationSummit.co.za), RiseUp (www.RiseUpsummit.com), VC4A (https://VC4A.com/) and Ashesi (www.Ashesi.edu.gh). Alongside its anchor partners, ABH will provide applicants with a range of training and talent development programs.

Africa's Business Heroes - Application Deadline 6th June - Hurry Up

ABH has also increased its pool of channel partners to influential stakeholders in Africa’s entrepreneurial ecosystem. These partners will bolster the program’s efforts in finding Heroes across Africa as well as providing participants with additional resources and support. The channel partner pool now includes African Management Institute (AMI) (https://AfricaBusinessHeroes.org), African Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org), AfriLabs (https://Afrilabs.com/), Briter Bridges (https://BriterBridges.com), Disrupt Africa (https://Disrupt-Africa.com), ImpactHub Dakar (https://Dakar.ImpactHub.net), MEST Africa (https://Meltwater.org), Moroccan Center for Innovation and Social Enterprise (MCISE) (https://www.MCISE.org/) and Seedstars International (https://www.Seedstars.com).

  • “AfriLabs is committed to supporting programmes and interventions targeted at enabling entrepreneurs, creating a conducive environment for ventures to thrive while stimulating economic growth and social development in Africa. Through this partnership with ABH, we will leverage our Pan African community to scout business heroes from across the continent to stand a chance to be one of the finalists.” – Anna Ekeledo, Executive Director of AfriLabs
  • “Disrupt Africa is happy to partner with Africa’s Business Heroes and play a part in helping early-stage tech startups on the continent access vital funding and support. We will utilise our network and reach to ensure this valuable opportunity gets in front of as many founders as possible.” – Tom Jackson, co-founder of Disrupt Africa.
  • “In partnering with Africa’s Business Heroes, the Moroccan Center for Innovation and Social Entrepreneurship (MCISE) aspires to convey one of the best international and African opportunities to its community and beyond. This endeavor draws on the MCISE’s previous efforts since 2012 to foster social entrepreneurship in Morocco and provide an opportunity for Moroccan entrepreneurs to broaden their projects to a continental scale.” – Nafaa Hanane, Communication and Marketing Manager of MCISE.
  • “At Seedstars, our mission has always been to create a positive impact in emerging markets, so this partnership with ABH is something our team is excited about. The African startup ecosystem is beaming with opportunities and we’re thrilled to be one of the organizations helping further enable its growth.” – Lina Ng’inja, Head of Partnerships in Africa for Seedstars.
  • “The African Management Institute (AMI) is one of the leaders in business learning across Africa. We believe that skilled people build thriving businesses, thriving businesses create quality jobs, and quality jobs drive prosperity and dignity. That is why are very excited about our new partnership with Africa’s Business Heroes, an initiative of the Jack Ma Foundation. Behind each thriving business is a hero and team of people growing Africa’s economy and prosperity, one success at a time,” said – Patricia Maina, Partnerships & Gender Lead at AMI. “AMI and ABH’s missions are uniquely aligned, and together, we are committed to enabling ambitious African entrepreneurs across the continent to thrive, turning Africa’s business heroes into Africa’s business superheroes.”

Ventureburn, Ventures Africa and AfterSchool Africa will also support ABH’s efforts in amplifying the ongoing call for applications. In addition, ABH is expanding its community of Judges who will help narrow down applications received to the Top 50, Top 20 and Top 10.

ABH Judges currently include senior professionals from companies such as Facebook, Mastercard, Liquid Intelligent Technologies, VC firms as well as established entrepreneurs such as Dr. Anino Emuwa of Avandis Counslting and Rafeh Saleh of Cubit Ventures. Seasoned entrepreneurs, VCs, academics and business professionals from all sectors are invited to join the ABH community of judges here (https://AfricaBusinessHeroes.org).

Current judges reflected on their experience with ABH and are encouraging others to join ABH as fellow judges.

  • “Being an ABH judge was an exciting, inspiring, and humbling experience for me. I learned a lot and it was a great opportunity to share my knowledge and expertise with the applicants and my fellow judges. Most of all, it was an honour to watch and support such committed change-makers across the continent, they are all true heroes,” says Adaora Ikenze, Head of Public Policy, West Africa at Facebook.
  • “Exceptional young entrepreneurs and fresh ideas! Judging and mentoring through ABH is a great way to give back, while also learning about new trends and business models emerging throughout the continent,” says Matthew Grollnek, Consultant – Venture Fund Lead, Mastercard Foundation.

ABH is currently calling for all entrepreneurs, start-ups and business owners across the continent and every sector, age group, and gender to submit their application – in either French or English – for a chance to become one of the Top 10 finalists. Applicants for this year’s ABH competition (https://AfricaBusinessHeroes.org) have less than three weeks to throw their hats in the ring for their chance to win a share of the US$1.5 million grant. To date, the competition has already attracted applications from all 54 African countries for the third consecutive year.

In addition to a cash grant, applicants will also gain access to mentoring, networking, and publicity opportunities for their ventures. All applicants also have access to training and scaling opportunities across a vast range of business disciplines in the form of webinars, presentations, and events.  They can also take advantage of the competition’s ABH Community Lead program, which gives them access to Heroes from the competition across the years.

To apply to the 2022 Africa’s Business Heroes competition, enter your application on ABH’s official site (https://bit.ly/3Ngq1rT). You can also follow Africa’s Business Heroes (ABH) on LinkedIn (https://bit.ly/36KuX7A), Twitter (https://bit.ly/3wBUV7S), Facebook (https://bit.ly/37NRKQb) and Instagram (https://bit.ly/358i5Ye).

Distributed by APO Group on behalf of Africa’s Business Heroes (ABH).

 

Business

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

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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.

 

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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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Etu Energias

As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

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

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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Energy

The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

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

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