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Bureau Veritas continues on its transformation journey to Shaping a Better Workplace

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Bureau Veritas

Making quantum leaps and bounds in gender equality as scientists make a difference to people and planet

JOHANNESBURG, South Africa, September 18, 2023/APO Group/ — 

Bureau Veritas (https://apo-opa.info/3sZvaPr), a world leader in testing, inspections and certification services, is continually on a passionate drive to fulfil its mission of shaping a world of trust through its unrivalled expertise, independent and worldwide presence to benefit society. The company is fast gaining ground on its sustainability trajectory to meet its 2025 ambitions towards transforming the world we live in. Committed to creating better workplaces, a cleaner environment and improved business practices, Bureau Veritas (BV) (www.BureauVeritas.com) enjoys an enviable reputation for being a company that walks the talk.

2025 ambitions and gender equality

With a strong commitment to achieving its 2025 objective of leading the Testing, Inspections and Certification evolution towards sustainable growth in Environmental, Social and Governance (ESG), BV invests heavily in People and Culture, Organization and Governance and Innovation and Technology. Human capital enjoys the utmost regard, and the company focuses on attracting the best talent to develop its next generations and ultimately build its culture across the globe – these factors are critical to accelerating the 2025 strategic direction of the company. Organizational development is strongly underpinned by a robust Corporate Social Responsibility (CSR) commitment, a living extension of the company’s mission to create a world where trust and truth are respected and exercised in daily life. Gender equality is intrinsic to this commitment to change lives and thus ensure a fairer world. International teams with broad-based skills and diverse profiles, creating a more representative organization which is fast on track to achieve its goals. In line with its commitment and policy on inclusion, Bureau Veritas has aligned to the SDG of Gender Equality, setting itself ambitious targets for 2025 to reach 35% of female representation in leadership positions, which is supported through several initiatives.

Global and Africa statistics to date

Bureau Veritas has made strides in its commitment to a more efficient and gender balanced operation, with increasing numbers of women in management and executive leadership, with robust plans in place to balance the corporate landscape even more. Today, on a global level, 69% of employees are male, whilst some 31% are female against an ambition of 35% by 2025. Women are present in a range of roles from executive leadership to subject matter experts in engineering, artificial intelligence, nuclear innovation, digital technology, human resources, accounting, marketing, and communications, legal and a host of alternative specialties.

In Africa, women make up some 28% of the human talent; with some 28% of these women being female senior decision-makers.

Dr Beatriz Magalhaes, Country Chief Executive Mozambique:

“Study hard, that is the most solid foundation you can create for yourself, it will help you with the confidence you require to focus on your achievements and not that of others. Secondly, choose the right partner on your journey, one that will add and not subtract,” she advises young woman. Education and job creation lie close to Magalhaes’ heart, and she has made it her business to impact the communities around her by driving social responsibility.

Brazilian born Beatriz Magalhaes is the Chief Country Executive of BV Mozambique and has been in her role for two years. With a PhD in Structural Biology from the University College, London (UCL); Dr Magalhaes joined BV in 2016 to “reinvent herself”. Initially a consultant, she was drawn to the company values of truth and transparency, which aligned closely to her personal value system. Her career has been steeped in science, having been a university lecturer in Brazil before founding a green technology startup in her home country. A family woman at heart, with her mother firmly placed as her role model, she is motivated by the pleasure of a job well done. Key to her many accomplishments are adaptability and a keen understanding of a host of cultures, having grown up in various countries around the world and speaking several languages. Always putting her team first is part of her leadership style and is the secret ingredient to her success as a woman and business leader. The simple joy of encouraging a team to their own personal success motivates and inspires her. Caring for her staff is an invaluable characteristic that lies close to her heart, as evidenced by the impact of one of her recent leaders.

This humble, competent, and ambitious scientist enjoys working in a global business and looks forward to feeding her curiosity by working more closely with new technologies, artificial intelligence, and new innovations in the future. When asked what words of advice she would offer her younger self, she commented: “Don’t be afraid of taking leaps, of reinventing yourself if needs be. You need to first trust yourself, trust what drives you and head on straight.”

Dr Swarupa Deshpande, Oil & Gas Market Leader Africa:

As BV advances towards supporting our clients in creating cities of tomorrow: smarter, greener, and more human, it will persist in tackling its ESG goals with pride of place

“Transparency is vital, be committed to your objective and work collaboratively. We need to constantly upgrade our knowledge and technology prowess for innovative solutions. It is important to be firmly rooted whilst building strong teams and external networks with partners, clients, and stakeholders. There are no short cuts to hard work and dedication; and no alternatives for patience and compassion,” she says, sharing the key ingredients to her success as a woman and business leader.

Dr Swarupa Deshpande spearheads Oil & Gas in Africa, one of BV’s largest markets and has also spearheaded the team in South Asia. The soft-spoken Indian-born Deshpande has a PhD in Oil & Gas Management, an MBA, and a diploma in International Business Management. She was initially drawn to the company some 16 years ago because of its strict testing and quality control measures, it’s absolute values of truth and transparency; collaborative and highly ethical culture.

She is inspired by being able to use her abilities to help contribute towards a better society, building an improved living world through BV’s quality, health, safety, and environmental service support to the crucial energy sector to maintain the natural balance of the globe. BV’s ability to use technology, digital innovations, and sustainability solutions to improve the wellbeing of the industrial sector of the world further propels her to making a marked difference. She remains inspired by her Human Resources Director, as a dynamic and smart female role model with strong leadership qualities and team building abilities, with the innate ability to connect great minds.

Bureau Veritas’ sectors range from infrastructure, agriculture, high end technology, to molecular biology, marine, oil & gas, aviation, engineering, artificial intelligence, nuclear energy, and power. It is this wide spectrum that draws her to the business and keeps her curious, learning and tapping into various geographies and cultures. Given a magic wand, she would like to see the pace of knowledge transfer increase to every team member to expand their personal development, improving quality of life. Deshpande is most proud of carving a place for herself in the traditionally male driven oil & gas sector and securing many large contracts through excellent technical knowledge whilst always abiding by a high level of ethical practices. She encourages younger women who look up to her as a prominent engineer in a competitive environment: “Develop a deep understanding of your field, be bold and straight when giving your opinion, demand flexibility and specific needs as a woman and mother and be confident to lead.”

Continue to challenge, meet global targets, and equalize the landscape

As BV advances towards supporting our clients in creating cities of tomorrow: smarter, greener, and more human, it will persist in tackling its ESG goals with pride of place. The company will pursue a safer, fairer, and more sustainable economic system. Shaping a world of trust is crucial to the social fabric and values of the company, ensuring transparency and credibility as it encourages innovation, proactivity, and agility, keeping a watchful eye on women in the workplace whilst driving a client-centric organization. Gender equality targets will continue to climb as the company achieves its current objectives and then expedites even more ambitious goals.

Bertrand Martin – Senior Vice President Africa

“We will keep the capacity to continually challenge ourselves, to go beyond the comfort zone to innovate. We will embrace technology to develop new services and new ways to deliver the service.  We will continue to be catalysts for positive social change, to be part of the social compact that seeks to make a tangible difference to the lives of families and communities that we work and live in. We will ensure we support girls and younger women to secure a place at university to study the much-needed STEM subjects – to create illustrious careers for themselves and ultimately earn a seat at the boardroom table – this will form part of our legacy for generations to come.”

Bureau Veritas enjoys a geographical presence in 140 countries and unrivalled experience in certification processes, coupled with in-depth knowledge of local specifications and regulations are considerable assets the company provides to its clients, public authorities, and society as a whole.

Distributed by APO Group on behalf of Bureau Veritas.

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Nigeria’s Upstream Reform Program Captures 40% of Africa’s Final Investment Decision (FID) Activity After a Decade on the Margins

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A government three-year review documents how executive action under President Tinubu reversed a decade of upstream decline

JOHANNESBURG, South Africa, May 8, 2026/APO Group/ –Nigeria has gone from capturing 4% of Africa’s upstream final investment decisions (FIDs) to commanding 40% in two years, according to Nigeria’s Energy Sector Reforms 2023-2026: A Three-Year Review, published by the Office of the Special Adviser to the President on Energy and spearheaded by Special Adviser Olu Verheijen. The $50 billion project pipeline now in development beyond 2026 points to sustained capital commitment at a scale not seen in the Nigerian upstream for at least a decade.

 

Between 2014 and 2023, Nigeria was among the continent’s weakest performers for upstream FIDs despite holding 37.5 billion barrels of proven oil reserves, the second-largest endowment in Africa. Algeria captured 44% of African upstream FIDs during that period, Angola held 26%, while Nigeria trailed Mozambique, Ghana, Senegal and Namibia. In the third quarter of 2022, crude production briefly dropped below one million barrels per day, as years of underinvestment, pipeline vandalism and regulatory ambiguity compounded each other. However, reforms instituted by Nigeria’s President Bola Tinubu have dramatically turned this trend around. Through deliberate and coordinated steps, the government has reset the trajectory.

Addressing Fiscal Terms, Regulatory Scope and Contracting Speed

President Bola Tinubu’s administration moved simultaneously on fiscal terms and regulatory architecture. Policy directives in 2023 clarified the boundary of jurisdiction between the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), resolving an ambiguity that had complicated project sanctioning. Presidential Directive 40 introduced targeted tax incentives, and a separate Notice of Tax Incentives for Deep Offshore Production in 2024 was designed to draw international oil companies (IOCs) back into capital-intensive, long-cycle deepwater projects. The VAT Modification Order 2024 and Upstream Cost Efficiency Order 2025 addressed the cost structures that had rendered marginal projects uneconomic. NNPCL contracting timelines were compressed from 36 months to a maximum of six months.

Four Divestments Transferred Onshore Control to Indigenous Operators

In parallel, the administration deployed targeted security directives and accelerated ministerial consents for four IOC asset transfers. Renaissance acquired Shell’s onshore portfolio. Seplat Energy completed its acquisition of ExxonMobil’s Nigerian upstream interests. Oando took over from Agip, and Chappal acquired Equinor’s local assets. The four transactions totaled approximately $4 billion. The transfer of onshore and shallow-water blocks to indigenous operators contributed directly to production recovery. Output rose by approximately 400,000 barrels per day between 2023 and 2025 to reach 1.6 million barrels per day, the highest onshore production level in 20 years.

When a government rebuilds fiscal competitiveness and regulatory predictability at the same time, capital responds

Signed Projects Total $10 Billion, With a $50 Billion Pipeline Beyond

The reforms produced a concrete FID response from Shell and TotalEnergies. Shell Nigeria Exploration and Production Company (SNEPCo) sanctioned the $5 billion Bonga North deepwater development in December 2024 and committed a further $2 billion to the HI Non-Associated Gas (NAG) project. TotalEnergies and NNPCL took a joint FID on the $550 million Ubeta gas field development in June 2024.

Together those three commitments account for more than $10 billion in signed investment after a decade of near-zero sanctioning activity. The pipeline beyond 2026 spans a further $50 billion across 11 projects including Bonga South West, Owowo, Usan and Erha. Nigeria approved 28 field development plans valued at $18.2 billion in 2025 alone, targeting an estimated 1.4 billion barrels of reserves.

“When a government rebuilds fiscal competitiveness and regulatory predictability at the same time, capital responds,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “Nigeria has done both, and the FID numbers are concrete proof.”

The Counterfactual Illustrates How Much Was at Stake

The presentation includes a no-reform projection that puts the gains in context. Without intervention, total crude and condensate production was on track to fall from 1.371 million barrels of oil equivalent per day in 2022 to 579,000 by 2030. Under the reform trajectory, output reached 1.77 million barrels of oil equivalent per day in 2026, with a stated government target of 3 million barrels per day. Export gas utilization rose 39% over the same period, while domestic utilization grew by 7%.

The durability of these gains will be tested by two factors: whether the institutional architecture put in place under the Tinubu administration holds over the long term, and whether the deepwater commitments signed in 2024 and 2025 advance to execution on schedule. The project pipeline is large enough that partial delivery would still represent a generational shift in Nigeria’s upstream output profile.

 

Distributed by APO Group on behalf of African Energy Chamber.

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Angola Strengthens Global Investment Drive Across Oil, Gas and Mineral Resources

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With sweeping reforms across the extractive sector, Angola is entering a new phase defined by transparency, regulatory modernisation, value addition, and international partnership

LONDON, United Kingdom, May 8, 2026/APO Group/ –At a defining moment in Angola’s economic transformation, the Critical Minerals Africa Group (CMAG) (https://CMAGAfrica.com), together with the Government of Angola and the Ministry of Mineral Resources, Petroleum and Gas of the Republic of Angola (MIREMPET), will convene global investors, policymakers, and industry leaders in London for the Angola Oil, Gas & Mining Investment Conference on 14 May 2026.

 

More than a conference, this gathering represents a strategic international engagement at a time when Angola is actively reshaping its economic future and positioning itself as one of Africa’s most compelling destinations for long-term investment in natural resources, infrastructure, and industrial development.

With sweeping reforms across the extractive sector, Angola is entering a new phase defined by transparency, regulatory modernisation, value addition, and international partnership. The country’s leadership is sending a clear message to global markets: Angola is open for investment and ready to build transformational partnerships that support sustainable growth and economic diversification.

This is not simply about resource development, it is about building long-term industrial growth, strengthening energy and mineral supply chains, and shaping Angola’s future

The event will be headlined by H.E. Diamantino Azevedo, Minister for Mineral Resources, Oil and Gas of Angola, whose leadership since 2017 has been central to advancing Angola’s mineral and hydrocarbons agenda. Under his stewardship, Angola has accelerated institutional reform, strengthened governance frameworks, promoted private sector participation, and prioritised sustainable resource development.

As global demand intensifies for critical minerals, energy security, and resilient supply chains, Angola is uniquely positioned to become a strategic partner to international investors and industrial economies. The country’s vast untapped mineral wealth, significant oil and gas reserves, expanding infrastructure ambitions, and commitment to economic diversification present a rare investment window for global stakeholders.

Speaking ahead of the event, Veronica Bolton Smith, CEO of the Critical Minerals Africa Group said:

“Angola stands at a pivotal point in its national development. The reforms taking place across the country’s extractive sectors are creating unprecedented opportunities for responsible international investment and strategic partnership. This is not simply about resource development, it is about building long-term industrial growth, strengthening energy and mineral supply chains, and shaping Angola’s future as a globally competitive investment destination. We believe this moment represents one of the most important opportunities for international partners to engage with Angola’s leadership and participate in the country’s next chapter of economic transformation.”

The event is expected to attract a distinguished international audience, including sovereign representatives, institutional investors, mining and energy executives, infrastructure developers, development finance institutions, and strategic partners seeking direct engagement with Angola’s leadership.

Distributed by APO Group on behalf of Critical Minerals Africa Group (CMAG).

 

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The Islamic Development Bank (IsDB) Group Successfully Concludes Private Sector Roadshow in Baku

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Bringing together a diverse range of stakeholders, the Forum showcased IsDB Group services, activities, and initiatives across its 57 member countries, with particular emphasis on Azerbaijan

BAKU, Azerbaijan, May 7, 2026/APO Group/ –The Islamic Development Bank Group (IsDB) affiliates (www.IsDB.org) – namely the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Trade Finance Corporation (ITFC) – in cooperation with the Islamic Development Bank Group Business Forum (THIQAH), organized the “IsDB Group Private Sector Roadshow” in Baku, Azerbaijan, in close collaboration with the Ministry of Economy of the Republic of Azerbaijan and the Export and Investment Promotion Agency of the Republic of Azerbaijan (AZPROMO).

 

The high-profile event which took place on Thursday, 7th May 2026, at Azerbaijan’s Ministry of Economy, came as part of ongoing preparations for the upcoming IsDB Group Annual Meetings and Private Sector Forum (PSF 2026), scheduled to take place from 16 to 19 June 2026, under the high patronage of His Excellency President Ilham Aliyev, the President of the Republic of Azerbaijan.

 

Bringing together a diverse range of stakeholders, the Forum showcased IsDB Group services, activities, and initiatives across its 57 member countries, with particular emphasis on Azerbaijan. It highlighted the Group’s ongoing support for private sector development and its efforts to stimulate promising investment and trade opportunities in the Azerbaijani market.

 

The event also served as a unique opportunity inviting the audience to participate actively in IsDB Group Annual Meetings and the Private Sector Forum (PSF 2026). The program included panel discussions and specialized workshops on ways to enhance economic partnerships and the role of IsDB Group’s institutions in supporting the needs of member countries. The spectra of services, solutions and financial tools were also presented, including lines and modes of Islamic financing, trade finance and trade development solutions, corporate private sector financing, as well as risk mitigation solutions plus investment insurance and export credit insurance services.

 

Keynote speakers, in their speeches, underlined strong commitment to deepening engagement with the private sector and fostering meaningful partnerships that drive sustainable economic growth in light of the upcoming IsDB Group Annual Meetings in Baku, all to showcase integrated solutions especially in Islamic finance, trade, investment, and risk mitigation while working closely and collectively with private sector partners to unlock new opportunities, support innovation, and empower businesses contributing to inclusive and resilient development across IsDB Group member countries.

Distributed by APO Group on behalf of Islamic Development Bank Group (IsDB Group).

 

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