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Black Excellence and the Entrepreneurs Revolutionizing the Tech Industry

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Global Black Impact Summit

As one of the industries transforming global society, the Global Black Impact Summit 2023 – which is organized by Energy Capital & Power – will promote Black tech leaders, highlighting opportunities for others in the industry

DUBAI, United Arab Emirates, October 26, 2023/APO Group/ — 

In 2023, the world has truly become a tech-driven society, with advancements in Information and Computer Technology; Artificial Intelligence (AI); robotics; biotechnology; machine learning and more catalyzing social and economic development. In this industry, Black entrepreneurs are at the forefront, integrating innovation with a forward-looking approach and changing the world one invention at a time.

The upcoming Global Black Impact Summit (GBIS) 2023 (https://GlobalBlackImpact.com/), set for 30 November to 1 December in Dubai, serves as a platform to celebrate the invaluable contributions of Black entrepreneurs within the tech industry and shed light on the opportunities available for other individuals to partake in this transformative sector. GBIS 2023 is committed to showcasing the innovative spirit and ground-breaking achievements of Black tech entrepreneurs who are not merely adapting to the technology-driven transformation but are actively propelling it with visionary concepts and revolutionary solutions.

Movers and Shakers in the Global Tech Industry

In recent years, the world has come to recognize the remarkable accomplishments and profound influence of these entrepreneurs in the global tech landscape. Individuals such as Mark Dean, an influential tech figure, have made ground-breaking contributions to the industry, including innovations like color PC monitors, plug-and-play peripherals, and the development of the first gigahertz chip, significantly shaping the tech landscape. Similarly, Ime Archibong, born to Nigerian parents, rose to prominence within Meta (formerly Facebook), serving as Vice President of Product Partnerships and later assuming the role of Head of New Product Experimentation in 2019. The promotion made him the highest-ranking Black employee at the company, where he played a pivotal role in guiding Meta’s innovations from concept to launch.

In the mobile industry, South African-born Nokwethu Khojane’s venture, Lakheni, innovatively unites low-income households into buying groups to negotiate favorable discounts. Using mobile technology, it aggregates these households into a collective that enhances economic efficiency and affordability, exemplifying the transformative potential of #BlackExcellence in reshaping the tech industry towards economic equity and inclusion.

The summit will not only celebrate the outstanding achievements of Black entrepreneurs but also contribute to a more diverse, dynamic, and inclusive future for the tech field

These examples are just a few of the many innovators shaping the global tech industry. However, Black entrepreneurs often face distinct challenges, such as limited access to capital, bias, and a lack of representation. Yet, they have thrived by demonstrating determination, resilience, and innovative thinking. To combat the challenge of securing venture capital funding, many Black entrepreneurs have turned to alternative sources like crowdfunding, angel investors, and grants. Additionally, many have become advocates for diversity in tech, striving to ensure that underrepresented voices are acknowledged and valued within the industry.

Future Trends and Opportunities for #BlackExcellence in the Tech World

For Black entrepreneurs, students and investors looking at entering the global tech industry, opportunities are abundant and growing. For example, as AI and Machine Learning continue to advance, Black professionals continue to develop solutions that enhance the performance and equity of these technologies. Examples include Renée Cummings, Founder and CEO of Urban AI, a New York-based firm that researches the impact of AI on urban communities. The sustainable tech sector is another field which offers avenues for Black entrepreneurs, with startups dedicated to eco-friendly solutions, renewable energy, and green infrastructure, all of which are contributing to a sustainable future. In this field, Monique Ntumngia, Founder of Green Girls Organization in Cameroon, a company which trains women and girls on how to generate sustainable energy with the help of AI, is leading sustainable development.

Within the realm of blockchain and cryptocurrency, entrepreneurs explore applications that create financial opportunities and broader access, particularly for underserved communities. Emmanuel Udotong, for example, a Web3 founder, builder and consultant, is leveraging digital technology to advance opportunities for underrepresented people worldwide. Through his company Ancient Warriors, he is building a blockchain security company to facilitate the safe onboarding of the next generation of crypto users.

In the field of tech, GBIS 2023 is poised to become a symbol of progress and inclusivity. The summit will not only celebrate the outstanding achievements of Black entrepreneurs but also contribute to a more diverse, dynamic, and inclusive future for the tech field. As the tech industry continues to evolve, GBIS stands as a catalyst for this transformative journey.

Don’t miss your chance to join the global movement championing #BlackExcellence at GBIS 2023. Secure your participation today at https://GlobalBlackImpact.com/.

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

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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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.

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

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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).

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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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