Connect with us
Anglostratits

Business

Botswana innovator Sarah Molema has been shortlisted for the Aurora Tech Award 2024

Published

on

Aurora Tech Award 2024

Aurora Tech Award 2024 Shortlist recognizes women founders challenging gender inequality in IT; Winners will be announced on International Women’s Day 2024

GABORONE, Botswana, January 24, 2024/APO Group/ — 

Sarah Molema, the innovative founder of Deaftronics (Pty) Ltd in Botswana, has been shortlisted for the 2024 Aurora Tech Award, a prestigious accolade honoring women founders combating gender inequality in the tech industry. Chosen from 649 applicants, Molema’s inclusion as one of the 20 global finalists not only highlights her personal achievements but also signifies Botswana’s growing impact in the technological world. Her leadership at Deaftronics is pioneering in aiding the deaf community, driven by a strong belief in their right to unhindered access. This recognition is a testament to her significant contributions and a proud moment for Botswana.

Founded in 2020 by inDrive, a US-headquartered global mobility and urban services platform, the Award supports women entrepreneurs who are using technology to develop their communities, with the overarching goal of challenging gender inequality in IT.

Ekaterina Smirnova, Executive Director of the Aurora Tech Award, remarked, “Our venture capital partners have meticulously evaluated each of these submissions, which showcase the increasing participation of women IT leaders who are enhancing the quality of life in their communities, despite the challenges. This year’s Awards celebrate the work of these founders, and highlight both the diversity of projects and the vital role of local role models in inspiring change. The inDrive team passionately advocates for gender equality in IT. We are proud to recognize and support women through awards that honor their achievements, and actively promote their impactful contributions.”

Molema’s inclusion as one of the 20 global finalists not only highlights her personal achievements but also signifies Botswana’s growing impact in the technological world

Three cash prizes will be awarded to the winners: $30,000, $20,000 and $10,000 for 1st, 2nd and 3rd place respectively. In addition to the prizes, the entrepreneurs will gain access to the driver mentorship program.

The winners of the 2024 Award will be announced at an online ceremony on March 8th, 2024 at www.AuroraTechAward.com. Please register here (https://apo-opa.co/3UbzLti) to watch the ceremony.

Aurora Tech Award 2024 shortlist

  1. Daniella Castro from Brazil: leader of Huna, a startup focused on the development of cutting-edge AI models for the early detection of chronic diseases in women.
  2. Marwa Hage from Colombia: her startup, Munily App, uses software to create secure and connected communities.
  3. Candace Chen from Taiwan: CEO & founder of Fluv, a pet care marketplace for urban pet parents in Asia.
  4. Joselyne Del Rosario from Ecuador:her startup, DREx, is developing a platform that unlocks the potential of sustainable finance, avoiding E.S.G. greenwashing practices, and building in  traceability and transparency.
  5. Nadejda Anpilogova from Kazakhstan: co-founder of Your Accessible Guide, an ecosystem of inclusive digital products designed to develop accessible tourism for people with disabilities and special needs.
  6. Maria Dmitrieva, based in Kazakhstan: CEO & co-founder of EcoDisclosure, a premier company revolutionizing the way businesses approach environmental, social, governance (ESG) scoring and disclosure.
  7. Sandra Montes Pérez from Spain: with the ScrapAd startup, a marketplace platform for recyclable materials.
  8. Paula Monticelli from Argentina: through her startup, CryptoMate, she wants to improve access to web3 with innovative digital solutions.
  9. Rim Jourdan from UAE: her startup, Skatch, is a professional platform for blue and gray-collar workers. Focusing on the MEA region, Skatch aims to help technicians, workers, vendors or other professionals with lower education levels to secure jobs, and upskill through AI, gaming and community building.
  10. Aidana Aituarova from Kazakhstan: as founder of Porte Tech, she contributes to the sustainable development of her hometown. Her company’s ESG-friendly web application with automated “key to all doors” helps to reduce financial and time costs by integrating RFID cards, parking remotes, paper passes and magnets in one application.
  11. Hannah Töpler from Mexico: founder and CEO of Intrare, a social tech that builds proprietary AI to eliminate bias from recruitment. Intrare’s mission is to match millions of refugees, marginalized women, LGBTIQ+, and other diverse talents with fair jobs, to break the poverty cycle.
  12. Firouza Eshonova from Uzbekistan: creator of Mila4AI, an app that aids those with speech disorders to improve their speaking ability. The app employs AI to prescribe oral motor and articulation exercises without needing a therapist present during their treatment, giving those who live in places that lack access to speech therapists an opportunity to improve their condition.
  13. Assem Tazhiyeva from Kazakhstan: founder of Ozim Platform, a social project dedicated to supporting families with children who have special needs, by connecting them with research-based educational and psychological resources.
  14. Aira Mongush from Cyprus: her startup, Mathhub, seeks to create global high value deep tech projects, building accessible tech education and reinforcement Learning and Group theory applications in Machine Learning Research.
  15. Chinwendu Nweke from Nigeria: founder of Bridge Merchant Enterprises. Her vision is to see world hunger and poverty eradicated using technology and people-empowered solutions.
  16. Alena Shchavleva based in Indonesia: founder of Effelp, a startup that matches up  a patient’s needs for help and support with the resources available in his/her surroundings.
  17. Megan Lam from Hong Kong:  co-founder & CEO at Neurum Health. She is excited about meaningful changes in mind and lifestyle health.
  18. Jasmijn Kok from Netherlands:  founder of Nina.care, a database of reliable and loving nannies and au pairs. Her super-fast app arranges everything in no time. 
  19. Folake Owodunni from Nigeria: her startup, Emergency Response Africa, is dedicated to making healthcare accessible in Africa.

The panel of judges will include prominent female IT entrepreneurs, the winners of last year’s Aurora Tech Award, and key industry experts. Prominent members of the jury include Ms. Sadaf Abid, a social entrepreneur and CEO of Kashf Foundation (Pakistan); Leonor Cogneau, Head of User Experience at Carsome (Malaysia); Mai Medhat, CEO and co-founder of Eventtus (Egypt); Charlot Magayi Founder and CEO of Mukuru Clean Stoves (Kenya); Sullyen Almeida, Principal at monashees;  and Tatyana Terentyeva, General Counsel at inDrive.

Distributed by APO Group on behalf of inDrive.

Business

Hainan FTP marks 6-month milestone of special customs operations, signs deals during Hong Kong visit

Published

on

Hong Kong

HONG KONG SAR – Media OutReach Newswire – 29 June 2026 – As the Hainan Free Trade Port (FTP) marked the six-month milestone since the launch of its full special customs operations, a Hainan provincial delegation wrapped up a three-day visit to Hong Kong. During the visit, the delegation signed deepened cooperation agreements with several major local chambers of commerce and promoted the latest policies introduced since the island-wide special customs operations took effect.

According to data released by Hainan Province during the visit, Hainan’s foreign trade has surged since the launch of special customs operations. As of June 17, the province’s total goods imports and exports reached RMB 173.98 billion (approximately US$24 billion), up 54.6% year on year. Imports of zero-tariff goods hit RMB 2.645 billion, a 120% jump that generated tariff savings of RMB 440 million. A total of 172,100 new market entities were registered—a 61% increase—including 1,240 foreign-invested enterprises. Zero-tariff items now account for 74% of all tariff lines, benefiting more than 12,000 market entities.

During the Hong Kong visit, China Council for the Promotion of International Trade Hainan Provincial Committee (CCPIT Hainan) signed separate deepened cooperation MOUs with the Chinese General Chamber of Commerce, Hong Kong and the Hong Kong General Chamber of Commerce. Under the MOUs, the parties will establish a regular liaison mechanism for the periodic exchange of economic and trade information, and will promote collaboration in areas including professional services, green finance, the digital economy, supply chain management, and cultural tourism. Mutual enterprise service desks will be set up to provide consulting services regarding policies and projects. The parties will leverage their complementary strengths to help Chinese mainland enterprises access overseas markets via Hong Kong, while facilitating Hong Kong companies’ entry into the Chinese mainland through Hainan.

The delegation also held talks with the British Chamber of Commerce in Hong Kong and the American Chamber of Commerce in Hong Kong, exploring ways for British and American businesses to leverage Hainan’s value-added processing tariff exemptions and multifunctional free trade accounts to position themselves in regional supply chains and cross-border investment and financing. HSBC, De Beers, and other British firms are already active in Hainan, and the UK served as the Guest of Honor country at the 2025 China International Consumer Products Expo.

According to industry analysts, amid the shifting international trade landscape, Hainan is leveraging Hong Kong’s “super-connector” role to accelerate its integration with global capital and business networks, while simultaneously offering the Hong Kong business community a policy testing ground for entering the Chinese mainland market.

Continue Reading

Business

Africa’s Grid Constraints Come into Focus as Regional Markets Push Toward Integration

Published

on

Africa

Regional power pools are advancing and renewable pipelines are growing, but the regulatory and financial architecture needed to connect them remains the continent’s most critical infrastructure gap – an issue central to the Power Africa Today conference at AEW 2026

CAPE TOWN, South Africa, June 25, 2026/APO Group/ –Africa’s electricity demand is projected to nearly double to 2,291 TWh by 2050, requiring an estimated $30 billion in transmission and grid infrastructure investment to unlock and integrate new generation capacity. Yet across the continent, grid systems are struggling to keep pace with rapidly expanding supply pipelines and rising demand.

In Nigeria, repeated nationwide grid collapses as recently as February 2026 underscore the fragility of aging transmission infrastructure. In East Africa, tower failures along the 428 km Loiyangalani-Suswa line temporarily stranded output from Lake Turkana Wind Power – Africa’s largest wind installation. Meanwhile, demand growth pressures are accelerating across North Africa, where electricity consumption is expected to rise by around 50% by 2035, driven by urbanization, desalination projects, and climate-related temperature increases.

Despite these constraints, generation investment continues to accelerate across Africa, particularly in renewables, gas-to-power and hybrid systems. However, without equivalent investment in transmission and interconnection, much of this new capacity risks being underutilized or stranded. This growing imbalance between generation and grid capacity is driving a sharper focus on system-wide planning and regional market design – issues that will be central to the newly launched Power Africa Today conference at African Energy Week 2026. The platform will bring together policymakers, utilities, investors and developers to explore how regional interconnection, cross-border trading frameworks and financing structures can better align generation growth with grid expansion.

Power Markets Experiment with Reform

Alongside infrastructure challenges, Africa’s electricity sector is undergoing gradual – but uneven – market reform. Most countries still operate vertically integrated systems dominated by state utilities, but a growing number are introducing competitive frameworks to attract private capital and improve efficiency.

Zimbabwe opened its electricity market to full private participation across generation, transmission and distribution in 2025, targeting $9 billion in new investment. South Africa is advancing one of the continent’s most ambitious grid expansion programs, with plans for 14,500 km of new transmission lines and 133,000 MVA of transformer capacity by 2034, alongside mechanisms designed to crowd in private financing. Kenya, meanwhile, has introduced open access regulations enabling independent power producers to wheel electricity directly to multiple off-takers, reshaping how generation assets interface with the grid.

Interconnected electricity markets are the foundation of Africa’s industrial future

Regional Integration Remains Fragmented

Efforts to connect Africa’s fragmented power systems are progressing, though at different speeds across regions. In Southern Africa, the World Bank’s RETRADE SAPP program, approved in 2025, is deploying $12 million to strengthen renewable integration and transmission capacity across 12 member states. In East Africa, the Ethiopia–Kenya–Tanzania Electricity Highway is now in trial operations at up to 2,000 MW, marking a significant step toward a more interconnected regional grid.

West Africa is also moving toward deeper integration, with permanent synchronization of the West Africa Power Pool expected in 2026. Analysts, including the African Finance Corporation, argue that such synchronization is critical to unlocking large-scale hydropower potential and industrial demand across the region. Longer term, full synchronization between the Eastern and Southern African power pools – targeted for the end of 2026 – could create one of the world’s largest cross-border electricity trading corridors.

Building Bankable Financial Architectures

While interconnection is advancing, infrastructure alone is not enough to create investable electricity markets. Investors consistently cite the lack of standardized offtake structures, creditworthy counterparties, and cross-border payment guarantees as key barriers to scaling capital deployment.

New models are emerging to address these constraints. Africa GreenCo, operating across Zambia, Namibia and South Africa, is helping to aggregate independent power producers under a single creditworthy intermediary, standardizing power purchase agreements and reducing counterparty risk. At a broader level, AUDA-NEPAD estimates that Africa requires around $30 billion in additional investment to complete priority transmission corridors and establish three fully interconnected regional trading blocs by 2030.

“Interconnected electricity markets are the foundation of Africa’s industrial future,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “The question at Africa Energy Week is not whether integration is possible – the evidence is already there. The question is which regulatory frameworks and financial structures will get projects to financial close, and which markets will be ready when capital is looking to move.”

The Power Africa Today conference will run alongside AEW 2026, taking place October 12–16 in Cape Town, and will focus on the regulatory, financial and infrastructural architecture needed to build interconnected electricity markets capable of attracting institutional capital and delivering reliable, cross-border power at scale.

Distributed by APO Group on behalf of African Energy Chamber.

Continue Reading

Business

African Development Bank Group and La Francophonie Sign Partnership Agreement to Promote Youth Employment in Francophone Africa

Published

on

Remove term: African Development Bank African Development Bank

The agreement was signed during a meeting between the Secretary General of La Francophonie, Louise Mushikiwabo, and African Development Bank Group President, Dr Sidi Ould Tah in Paris, France

PARIS, France, June 25, 2026/APO Group/ –The African Development Bank Group (www.AfDB.org) and The International Organization of La Francophonie (OIF) on Wednesday entered a strategic partnership to strengthen digital skills, employability, and entrepreneurship of young people and women in five African countries: Benin, Cameroon, Guinea, the Democratic Republic of the Congo and Madagascar.

 

The agreement was signed during a meeting between the Secretary General of La Francophonie, Louise Mushikiwabo, and African Development Bank Group President, Dr Sidi Ould Tah in Paris, France. The agreement will address a major challenge faced by countries in the Francophone world and across Africa: providing young people with access to opportunities offered by the digital economy and fostering the emergence of a new generation of entrepreneurs.

The partnership calls for the implementation of training programs in digital professions and entrepreneurship, in fields such as web and mobile development, cybersecurity, artificial intelligence, and data analysis. Participants will also receive guidance toward employment and self-employment, as well as support for innovation and business creation, notably through training camps, prototyping activities, and partnerships with incubators and accelerators.

The African Development Bank Group and OIF will also work with national authorities in these five countries and training institutions to sustainably strengthen local capacities and promote ownership of the programs by national stakeholders. An initial pilot phase, lasting 12 to 24 months, will be rolled out in the five partner countries, followed by a gradual expansion to other member states depending on the results achieved.

The African Development Bank Group is pursuing a bold agenda based on “Four Cardinal Points” developed by Dr Ould Tah, the third of which is ‘Turning Demographics into a Dividend.’ This is about strategically converting Africa’s rapidly growing and youthful population into a decisive engine of inclusive growth, productivity, and innovation through large-scale investment in human capital—particularly youth and women.

 

It sees Africa’s growing young population not as a risk, but as a major asset. With the right policies and investments, this potential can create jobs, help small businesses grow, bring more informal businesses into the formal economy, and equip young people with the skills needed for the future. By investing more in education, science and technology, vocational training, entrepreneurship, finance, and digital tools, Africa can help its people drive economic transformation, stay competitive, and build lasting, resilient growth.

The OIF said the agreement marked the first concrete step in its initiative to mobilize innovative and additional funding for its most impactful projects.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Continue Reading

Trending