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Canada and the Democratic Republic of Congo in prime position for private sector collaboration

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To promote Congolese small and medium enterprises (SME), companies of all sizes and sectors are invited to take advantage of the opportunities in the Democratic Republic of the Congo

TORONTO, Canada, March 15, 2023/APO Group/ — 

The ARSP (https://apo-opa.info/3TcpIBA), the Democratic Republic of Congo’s (DRC) Regulatory Authority for Subcontracting in the Private Sector, underscored major opportunities for market-solutions, driven by Canada’s private sector, at the Canada-Africa Chamber of Business (www.CanadaAfrica.ca) VIP reception, held during PDAC – the annual convention in Toronto attended by approximately 24,000 mining industry delegates.

Prudence Djamboleka – Founder and Director of the DRC Outsourcing SME Yearly Fair – noted the following: “With the strategic vision of the Regularization Authority to promote Congolese small and medium enterprises (SME), companies of all sizes and sectors are invited to take advantage of the opportunities in the Democratic Republic of the Congo, on top of the already significant investments underway – alongside major trade opportunities.”

Speaking on behalf of the DRC delegation, Djamboleka added that the private sector investment and trade agenda “aligns with the message of His Excellency, President Félix Antoine Tshisekedi on the need to create a middle class in the Democratic Republic of Congo.”

Presidential representatives and DRC business leaders were welcomed by Canadian executives and investors. The case for the DRC was set out by Mr. Rock Bashala Kubindia of the Business Climate Unit in the Presidency as well as President Félix Tshisekedi’s newly-appointed Director General of the Congolese Council for Battery, Denis Lecouturier. 

Goodmans LLP, a top law firm who have supported the Canada-Africa Chamber of Business, hosted the reception at their offices in the heart of Toronto’s Financial District

 “Given the endowment in the country, it is no surprise the keynote speaker address at the world’s largest Africa-focused mining event earlier today was the DRC,” said Bruce Shapiro, a founder of MineAfrica Inc. and President Emeritus of The Canada-Africa Chamber of Business, who hosted the 24th Annual African Mining Breakfast in the hours preceding the VIP reception. “We have seen over many years – in the case of Ivanhoe Mines – how a Canadian company can have a presence and partnership in the DRC to the benefit of all,” he added.

Chamber President Garreth Bloor commended businesses in both Canada and the DRC: “Following today’s program at PDAC in which the country took centre stage – I applaud and encourage the hundreds with us in-person as well as all investors who joined the livebroadcast, provided by 6ix.com.”

Goodmans LLP, a top law firm who have supported the Canada-Africa Chamber of Business, hosted the reception at their offices in the heart of Toronto’s Financial District. Randy McAuley, a leader in business law and partner at Goodmans LLP, said he was proud of the firm’s nearly 30-year association with the Chamber, while looking forward to a long and fruitful future to come – supporting and accelerating trade and investment through world-class networking and information-sharing events.

Next Steps – Join us in October at ‘Africa Accelerating’

From 10 to 12 October 2023, the Canada-Africa Chamber of Business looks forward to welcoming African business leaders and entrepreneurs to Canada once again.

This year, the DRC’s Elephant Trade, who provide technical support in engineering, construction, and maintenance, have taken the lead as the first major sponsor of the annual 3-day forum. In recent years, Africa Accelerating has been opened by Prime Minister Justin Trudeau and joined by African private and public sector leaders, who meet Canadian business executives.

Click here for more to join us this coming October (https://apo-opa.info/4037wN5).

Distributed by APO Group on behalf of The Canada-Africa Chamber of Business.

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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