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DI-Solar from DIMO, Sri Lanka’s first battery less solution to utilize solar PV generated power during outages

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DI-Solar

DIMO, a leading diversified conglomerate in Sri Lanka, with over 80 years of engineering excellence, recently introduced DI-Solar, a revolutionary solution, enabling the power generated through the existing solar PV systems to be utilized during the prevailing daytime power interruptions, thereby preventing the power wastage. This is Sri Lanka’s first and only cutting-edge solution in the market that allows the power generated by solar systems to be utilized without any mode of battery storage, which is ideal for the industries facing various challenges due to the power shortage in the country, as it facilitates uninterrupted business operations and reduces the spend on fuel for generators by 50% to 70%.

In addition to the heavy focus on the industrial usage, DI-Solar also comes with a consumer solution component, which will soon be introduced to the market, further accelerating nation’s green journey.

Industries in Sri Lanka are facing many challenges in pursuit of seamlessly continuing their business operations during the regular power cuts, without incurring production losses and downtime. Although many business enterprises are having pre-installed rooftop solar PV systems, they are unable to use the power generated through the solar PV systems during power outages at daytime, as the grid is not available. Thus, they are compelled to entirely depend on generators, to continue operations at a time when fuel incurs a high cost.

The continuous offering of innovative solutions to address the issues of the country’s power sector is a testament to DIMO’s vast expertise in the power and energy sector.

DI-Solar offers, a high-tech controller from a leading manufacturer in Europe that would be installed on new or existing solar PV systems and whenever there is a daytime power interruption, it enables the premises to operate as an off-grid system and utilize the power generated through the solar PV system to cater to the internal requirement, which otherwise would have been wasted.

When power interruptions occur during the daytime, the generators will start producing electricity to serve the electricity demand in the premises. In the next instance, the proposed controller comes into operation by using the parameters in the electricity generated by the generator to trigger solar PV inverters to be switched on. The solar PV inverters will then commence its process of generating electricity and become the primary energy source to cater the load, while reducing the electricity generation by generators, resulting in a reduction of fuel consumption. Moreover, this solution can be further improved to use even during the night-time power interruptions by integrating a battery.  DI-Solar can be customised according to any existing solar PV system and the company also offers solar PV systems with this solution for the industrialists who do not possess pre-installed solar PV systems to power their plants.

Mr. Ranjith Pandithage, Chairman & Managing Director of DIMO said, “This project is yet another timely offering by DIMO and we continue to fuel the dreams and aspirations of the communities we serve in, providing the nation the means to switch to renewable energy solutions, which in the current context is extremely important.”

If installed at a facility with an approximate solar PV system capacity of 650kW and experiences an average 3–4-hour daytime power interruption, during which generators are used to cater the demand, the DI-Solar system has a capability to drastically reduce the fuel consumption, as it only requires fuel to cater for the minimum load of the generator (around 30% of the generator capacity). The rest of the energy requirement of the generators (the balance 70%) will be attained by utilizing solar energy generated through the solar PV panels. Accordingly, the business enterprise will also reduce its expenditure on fuel and enjoy a swift payback period of 1-2 years.

DI-Solar also allows industries to use renewable energy without totally depending on the national grid, as a proactive measure in facing any future challenges in the local power sector while also allowing them to contribute more to the national GDP output through uninterrupted operations and reducing the foreign spend on fuel imports.

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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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