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CSquared Celebrates Connecting Africa through 5 Remarkable Years of Success

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CSquared

This week the Management team of CSquared Group celebrates the company’s 5th Anniversary whilst in Cape Town, South Africa

CAPE TOWN, South Africa, November 7, 2022/APO Group/ — 

In Togo, Société d’Infrastructures Numériques (SIN) and Csquared (https://www.CSquared.com/) formed a joint venture (http://bit.ly/3FOSsfb) in a major digital infrastructure transformation initiative that lands Google’s Equiano Cable in Togo. In Liberia, CSquared and USAID enter into a new partnership to construct an open access fiber backbone connecting Liberia, Ivory Coast & Guinea. In the Democratic Republic of Congo (DRC), CSquared now operates 100km of fiber in Kinshasa with Africell as anchor customer. An MoU with Société Congolaises des Postes et Télécommunications (SCPT) will land the country’s 2nd Submarine cable and enhance the National fiber backbone network. CSquared embarks on building its West Africa terrestrial backbone, starting with a partnership with the Ghana Grid Company Limited (GRIDCo) (http://bit.ly/3Teq4WH) connecting major cities within Ghana and neighbouring countries. Across Africa, our Cloud Services team is connecting customers to the public cloud providers via leading data centers (PAIX, iColo, Raxio, ADC, Terraco, MainOne, ONIX), providing simplified & tailored access to multi-cloud services.

This week the Management team of CSquared Group celebrates the company’s 5th Anniversary whilst in Cape Town, South Africa attending AfricaCom (http://bit.ly/3f22ajn) – Africa’s leading digital infrastructure gathering that brings together decision makers across the communications technology ecosystem focused on connecting the next billion people on the continent by inclusive, sustainable growth through tech investments.

Commenting on the Anniversary and the company’s achievements Lanre Kolade, CSquared Group Chief Executive Officer shared “It is not just a company anniversary but a family anniversary that has defied all odds to grow stronger and achieve great things together. I am so grateful to my team, our customers and partners, for their support and trust have been the biggest driver towards our continued growth. For emerging markets to fast track their development, communication is key, and the foundation of reliable communication is broadband infrastructure. Countries are now moving towards e-governance, e-health, e-education and those pillars cannot be achieved without the required infrastructure. That’s the gap CSquared aims to fill, ensuring that all African countries have sufficient broadband infrastructure. Our approach ensures that everyone, both the private and the public sector benefits from the infrastructure that is rolled out by CSquared.”

This year the African Development Bank (AfDB) estimated Africa’s infrastructure financing needs to be as much as $170 billion a year by 2025, with an estimated gap of about $100 billion a year. CSquared and its investors Google, Mitsui & Co (Japan), Convergence Partners (South Africa) and the International Finance Corporation (IFC, World Bank Group) play a critical role in supporting Africa achieve its ambitious digital needs.

A great deal has been achieved since 2017 when CSquared, originally a pilot project [Project Link (https://bit.ly/3ta4ZSR)] in Google, became an independent company with existing operations in Uganda and Ghana.

Fast forward 5 remarkable years of success:

TOGO

In March 2022, in the sunny city of Lomé, Togo, CSquared and Société d’Infrastructures Numériques (SIN), a public telecommunications asset company, announced a strategic partnership to create a joint venture (JV) – CSquared WoezonCSquared Woezon is a Togolese company with a minority public shareholding, 56% owned by CSquared and 44% owned by SIN. The entity is in charge of maintaining and operating Cable Landing Station for Equiano, Google’s subsea internet cable running from Portugal to South Africa with Togo as its first landing in Africa; as well as the existing Lomé metropolitan optical fiber network [e-Gouv]; and the national fiber backbone network [Communauté Electrique du Bénin (CEB)].

This JV demonstrates the company’s commitment and unique ability to partner with African Governments to achieve their national digital development goals. Public Private Partnerships hold the key to upgrading broadband infrastructure to next generation networks and driving the future advancement of ICT in emerging markets.

It is not just a company anniversary but a family anniversary that has defied all odds to grow stronger and achieve great things together

LIBERIA

CSquared is excited to announce today a new partnership with the U.S. Agency for International Development (USAID) to establish a 350 km national fiber backbone in Liberia, extending from  the nation’s capital city, Monrovia to the Ivory Coast and Guinea borders, crossing more than 13 cities, and enabling the country’s Internet service providers (ISPs) and mobile network operators (MNOs) to reach over one million Liberians and 50+  businesses and social institutions. The backbone will also provide Liberia with critical redundancy to the Africa Coast to Europe (ACE) submarine cable, currently the nation’s single source for international bandwidth and will become part of CSquared’s West Africa backbone carrying traffic from Liberia through to Nigeria.

This follows CSquared’s hugely successful partnership in 2017 with the Government of Liberia and USAID to bring best-in-class, reliable broadband infrastructure to Monrovia and its environs. The new partnership falls under USAID’s Digital Invest program, part of the U.S. Government’s Digital Connectivity and Cybersecurity Partnership and a flagship project of the Partnership for Global Infrastructure and Investment announced by President Biden in June 2022. These interventions are crucial to helping USAID fulfill its mission to help Liberia end extreme poverty and build resilient democratic institutions and to build open, inclusive, and secure digital ecosystems.

Democratic Republic of Congo

The company’s focus has also shifted to include Africa’s 2nd largest country by land mass, DRC, where at a recent World Bank connectivity conference held in Kinshasa, it was estimated that between 8 to 9 billion US Dollars will be needed to fully fiberise the DRC. CSquared with its development partners intends to significantly participate in this funding opportunity. In October, CSquared kicked off this commitment with the signing of two major deals.

The first was an MoU with SCPT (Société Congolaises des Postes et Télécommunications), enabling the Government’s goal of driving the country’s digital transformation by leveraging government assets through Public Private Partnerships. Our Accord Cadre will initially have 3 key components: to facilitate the landing of a 2nd Submarine Cable in DRC similar to our successful collaboration with Google and the Government of Togo landing Equiano in Lomé, Togo; the construction of a second Cable Landing Station [CLS] to connect to the Equiano Cable; and to expand and upgrade the National Fiber backbone network.

The second was with Africell, CSquared’s first anchor customer in DRC. Africell is a fast-growing mobile network operator with a pan-African footprint. Providing fast and reliable mobile network coverage and related technology services to over 16 million subscribers with a mission to make a positive everyday difference to customers, Africell and CSquared partner to impact lives through the provision of affordable, accessible and good quality telecoms products and services.

CLOUD

In the cloud connectivity and data center ecosystem, CSquared is a forward-thinking enabler. As an open-access network provider, CSquared has partnered with carrier-neutral data centers to make reliable connectivity available on demand to all ISPs and MNOs, who access large amounts of critical data in these data centers and the public cloud. These providers can then focus on delivering quality services to their end users while benefiting from our open access network, providing wide and seamless coverage to data centers and hosting facilities across the continent. A data center located PoP caters for layering Cloud offerings to provide simplified and tailored access, migration & consumption of multi-cloud services to businesses cost effectively to drive digital transformation across Africa.

Africa is undergoing impressive urban growth and is envisioned to reach a population of 2.4 billion people within the next few decades, favouring cities over rural areas. By 2030, it is expected that 6 of the world’s 41 megacities will be African. The urbanization process undoubtedly has the power to transform an economy. However, it also comes with a set of challenges such as the need for mobility and access to urban services, access to clean water and sanitation, public health, safety issues as well as policy-related matters.

Lanre Kolade remains enthusiastic about the company’s future and its role in directly tackling this challenge because as he states “If there is one thing CSquared has proven over the past 5 years, it is that we build broadband-enabling infrastructure for the future that guarantees a better, safer, faster customer experience, democratizing connectivity and achieving #InternetForAll. Get ready Africa, the future is promising and exciting.”

Distributed by APO Group on behalf of CSquared.

Energy

U.S.-Africa Energy & Minerals Forum Expands to Critical Minerals and Supply Chain Security

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Africa

This year’s U.S.-Africa Energy & Minerals Forum in Houston signals a strategic shift toward integrated energy and critical minerals investment, strengthening U.S. partnerships across Africa’s resource and industrial value chains

HOUSTON, United States of America, February 26, 2026/APO Group/ –The U.S.-Africa Energy & Minerals Forum (USAEMF) has relaunched with a dedicated focus on critical minerals, marking an important evolution in its role as a platform for U.S.-Africa commercial engagement. Building on its foundation in energy, power and industrial projects, the forum’s expanded scope positions it at the center of investment conversations shaping the future energy economy.

 

Scheduled for July 21–22, 2026, in Houston, Texas, USAEMF comes at a time of surging global demand for copper, cobalt, lithium, manganese and rare earth elements, driven by electrification, battery storage, AI infrastructure and advanced manufacturing. Africa is increasingly critical to securing these materials, highlighting how energy and minerals are now interconnected pillars of industrial growth, geopolitical stability and decarbonization.

The forum’s minerals mandate deepens engagement with African producers – particularly the Democratic Republic of Congo (DRC), home to some of the world’s largest copper and cobalt reserves. Momentum is building through the U.S.–DRC strategic minerals framework and the U.S.-backed Orion Critical Mineral Consortium, a major investment platform supported by the DFC and private partners. The consortium is pursuing a 40% stake in the Mutanda and Kamoto copper-cobalt operations in a $9 billion transaction, securing long-term supply for allied markets while reinforcing cooperation on infrastructure, security and supply-chain governance.

Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties

U.S. financing is also expanding across the region, with the DFC managing a continental portfolio exceeding $13 billion to support mining, processing and transport infrastructure for critical mineral supply chains. Recent commitments include rare earth, graphite and potash projects in Malawi, Mozambique and Gabon; broader investments in Uganda, Tanzania, Zambia and South Africa; and $553 million linked to the development of the Lobito Corridor. The DFC is also a major backer of TechMet, a U.S.-supported investment firm valued at over $1 billion, which is raising up to $200 million to expand copper, cobalt, lithium and rare earth assets and pursue new opportunities across the DRC and Zambia. Together, these initiatives underscore Washington’s push to diversify battery-mineral supply while positioning Africa as a long-term partner in clean energy and industrial value chains.

Houston’s role as host city reflects the alignment between American industrial capacity and African resource development. Long established as a global energy hub, the city is expanding into energy transition technologies, advanced materials, carbon management and industrial innovation. By convening African governments with U.S. private equity, development finance institutions, exporters, insurers and technical service providers, the forum creates a commercial platform capable of converting mineral potential into bankable projects.

“The evolution from USAEF to USAEMF reflects a broader shift toward integrated energy and mineral development,” states Nadine Levin, Portfolio Director at Energy Capital & Power, forum organizers. “Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties and advances projects that deliver long-term shared value.”

While critical minerals define the forum’s strategic expansion, the U.S.’ longstanding role in Africa’s energy sector remains central to the platform’s value proposition. American energy companies continue to advance exploration and development across key upstream markets, support gas monetization in the Gulf of Guinea and revitalize mature production in North Africa. U.S. export credit and development finance are also helping unlock large-scale LNG capacity in Mozambique while supporting optimization and expansion across existing gas infrastructure in West Africa – demonstrating how American capital, engineering expertise and risk-mitigation tools convert resource potential into delivered energy systems.

USAEMF is the leading platform connecting U.S. capital and technical expertise with Africa’s energy and minerals sectors. For more information or to participate at the upcoming forum, please contact sales@energycapitalpower.com

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

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Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

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Pesalink

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders

NAIROBI, Kenya, February 26, 2026/APO Group/ —

  • Instant 24/7 bank-to-bank transfers across African borders in local currencies.
  • Simpler cross-border payments for individuals, businesses, and SMEs.
  • 80 plus Pesalink network participants now linked to 160 plus PAPSS participating banks.

 

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration.

 

The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This reduces complex correspondent banking requirements and reliance on foreign reserve currencies.

 

Kenyan banks will now be able to offer faster, cheaper cross-border payments

PAPSS, an initiative of the African Export-Import Bank (Afreximbank) in collaboration with the African Union and the AfCFTA Secretariat, enables cross-border payments between African countries. Pesalink is now a Technical Connectivity Provider. It means that 80 plus Kenyan bank, fintech, SACCO and telco participants on the Pesalink network will be connected to 160 plus commercial banks and fintechs on the PAPSS platform.

 

Cross-border payments remain expensive and slow for many African businesses. The 2023 (http://apo-opa.co/4baDSh7) World Bank Remittance Prices report indicates that sending money across African borders incurs on average 7-8% of the total value sent (above the global average of 6–7%). Settlement can also take three to seven business days.

 

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders.

 

Speaking during the partnership signing held at Pesalink offices in Nairobi, PAPSS CEO Mike Ogbalu III said, “For PAPSS to deliver true impact, collaboration with national and private switches like Pesalink is essential. Pesalink is the first switch we’ve piloted for transaction termination in Kenya, and we are already seeing greater adoption by opening more channels for seamless, local-currency cross-border payments across Africa.”

 

Pesalink CEO, Gituku Kirika, said “Kenyan banks will now be able to offer faster, cheaper cross-border payments. They will be helping their customers grow more regional trading relationships and thrive in a more integrated digital economy.”

Distributed by APO Group on behalf of Afreximbank.

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Africa Trade Conference Returns to Cape Town with Esteemed Speakers Driving Africa’s Trade Agenda

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Africa

Second edition convenes global policymakers, business leaders, and innovators to accelerate Africa’s integration into global trade

CAPE TOWN, South Africa, February 26, 2026/APO Group/ –Access Bank Plc (www.AccessBankPLC.com) is proud to announce the distinguished line-up of speakers for the second edition of the Africa Trade Conference (ATC 2026), scheduled to take place on March 11, 2026, at the Cape Town International Convention Centre, Cape Town, South Africa. Building on the strong foundation of its inaugural edition, ATC 2026 will convene an exceptional assembly of global and African leaders, policymakers, investors, and business executives committed to shaping the future of trade on the continent.

The Africa Trade Conference has rapidly emerged as a premier platform for advancing dialogue and action around Africa’s evolving role in global commerce. The 2026 edition will feature influential voices from across finance, government, development institutions, and the private sector, who will share insights on unlocking trade opportunities, strengthening intra-African commerce, enabling business expansion, and positioning African enterprises for global competitiveness.

The confirmed speakers represent a powerful cross-section of leaders driving Africa’s economic transformation.

Building on the momentum of its maiden edition, which convened senior decision-makers from 28 countries, the 2026 conference with the theme “Turning Vision into Velocity: Building Africa’s Trade Ecosystem for Real-World Impact”, will have the keynote address delivered by Kennedy Mbekeani, Director General, Southern Africa Region, African Development Bank (AfDB), alongside Kwabena Ayirebi, Managing Director, Banking Operations at the African Export-Import Bank. Their joint keynote will address the evolving financing landscape for African trade and the strategic pathways for unlocking continental prosperity.

The welcome address will be delivered by Roosevelt Ogbonna, CEO/GMD, Access Bank Plc, who will set the tone for discussions centered on trade transformation, financial inclusion, and regional competitiveness, while Tolu Oyekan, Managing Director & Partner at Boston Consulting Group, will deliver insights on “Africa Trade Outlook 2026”, examining emerging macroeconomic trends, supply chain shifts, and growth opportunities across key sectors.  The CEO of Pan-African Payment and Settlement System, Mike Ogbalu, will be engaging the conference participants on the topic, “Building a Connected Africa Through Trade, Payments & Technology”, focusing on how payment interoperability and digital infrastructure can accelerate the African Continental Free Trade Area (AfCFTA) agenda.

The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us

The conference will also host a High-Level Ministerial Panel that features Elizabeth Ofosu-Adjare, the Minister for Trade, Agribusiness & Industry, Ghana; Tiroeaone Ntsima, Minister of Trade and Entrepreneurship, Botswana; Mr. Florian Witt, Divisional Head, International & Corporate Banking Oddo-BHF, Ms. Nathalie Louat – Global Director, International Finance Corporation (IFC), Dr Isaiah Rathumba – Head of Department, Limpopo Economic Development, Environment and Tourism and Mr. Alfred Idialu – Chief Rep Officer, Deutsche Bank among other policymakers shaping trade policy across the continent.

Commenting on the announcement, Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank Plc, said:
“The Africa Trade Conference reflects our unwavering commitment to advancing Africa’s economic transformation by creating a platform that brings together the leaders, institutions, and ideas shaping the future of trade. The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us. Africa is not only participating in global trade, it is helping to redefine it. Through this convening, we aim to catalyse partnerships, unlock new opportunities for businesses, and accelerate Africa’s integration into global value chains.”

“At Access Bank, we see ourselves not just as financiers, but as connectors of markets, ideas, and opportunities. Our role is to help African businesses move from ambition to impact, from local relevance to global competitiveness.”

With operations in 24 countries globally, including 16 across Africa, Access Bank’s expansive footprint places it in a unique position to facilitate cross-border trade, unlock regional value chains, and simplify the complexities of doing business across markets.

“Our presence across Africa and key global corridors gives us a front-row seat to the realities of trade. It also gives us the responsibility to design solutions that are inclusive, scalable, and future facing. ATC 2026 is part of that commitment, Ogbonna added.

ATC 2026 is expected to catalyze partnerships, enable policy dialogue, and provide actionable strategies for businesses operating within and beyond the continent.

The Access Bank Chief puts it thus, “Africa will not be a spectator in the remaking of global trade. We will be one of its architects. ATC 2026 is where those blueprints will be drawn.”

For more information and registration, please visit https://apo-opa.co/4sdXWF7

Distributed by APO Group on behalf of Access Bank PLC.

 

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