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Dubai Celebrates Innovation and Entrepreneurship as Expand North Star Opens

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North Star

The four-day event brings together 1800 startups from over 100 countries and over 1,000 investors with over US$ 1 trillion under management

DUBAI, United Arab Emirates, October 15, 2023/APO Group/ — 

Expand North Star (www.ExpandNorthStar.com), the world’s largest startup showcase, kicked off today at the new Dubai Harbour venue, featuring the latest innovations in robotics, AI, and entrepreneurship. The four-day event brings together 1800 startups from 100 countries and over 1,000 investors with over $1 trillion under management.

Meet ARTEMIS, the World’s Fastest-Walking Humanoid Robot

One of the event’s highlights was the first live stage demonstration of ARTEMIS, the world’s fastest-walking humanoid robot, developed by UCLA researchers. This versatile robot can walk on any terrain using custom-designed actuators that mimic biological muscles, unlike most robots with rigid, position-controlled actuators. ARTEMIS stands at 4 feet, 8 inches and weighs 85 pounds. It can run and jump on rough, unstable surfaces with a speed of 2.1 m/s. The developers’ goal is for the autonomous soccer playing robot team to defeat a human world championship team by 2050.

Dr Dennis Hong, the visionary behind this groundbreaking innovation, explained that the key behind ARTEMIS’ excellent balance while walking on uneven terrain and its ability to run was the ability to get both feet off the ground while in motion, a revolutionary feat for robots.

Empowering Youth Entrepreneurs to Shape the Future

Expand North Star also hosted YouthX Unipreneur, the biggest youth entrepreneurship programme in the region, inspiring students to become the chief architects of the future. The programme attracted more than 1,500 students from over 40 schools and universities, who pitched their innovative ideas to a panel of experts. More than 600 youth ambassadors and 50 on-stage and off-stage engagements were also part of the programme.

Hassan Sabt, President of Dubai Youth Council, highlighted Expand North Star’s significance as a platform for young investors and startups to learn from global industry leaders, compete in live events, share ideas and develop leadership skills.

“The Dubai Youth Council was founded under the direction of our leadership to empower Emirati youth to take an active role and lead strategic industries. The platform also fosters connections while maximizing efforts towards achieving national and global goals. There is no better investment in a country than investing in youth.” he said.

“Our partnership with GITEX YouthX at Expand North Star is just the beginning of much bigger plans to assume more impactful measures on behalf of Emirati youth,” added Sabt.

Our partnership with GITEX YouthX at Expand North Star is just the beginning of much bigger plans to assume more impactful measures on behalf of Emirati youth

Leveraging AI/ML to Create Products that Make an Impact

Another key session at Expand North Star was a panel discussion on using artificial intelligence and machine learning to create products that dent the universe. The panel featured product managers from global unicorns such as Bolt, Reddit, and Booking.com, who shared their best practices and tips for founders, including Ali Rana, VP of Product at Bolt, Mayank Yadav, Director of Product at Reddit, and Sanchit Juneja, Director of Big Data and ML at Booking.com.

The panellists cautioned against falling for the AI hype. Adopting technology for its own sake with no added value is a sure way to fail as an entrepreneur. Technology, the audience heard, must solve an existing problem. That said, the speakers warned, business owners must keep abreast of technological evolution as many paradigms have changed, affecting careers people thought were indestructible.

Demystifying the Entrepreneur Journey

Gary Blowers, CEO of UAE-based LVL Well-being, shared his experience raising funds for his startup on the Spotlight Stage. The company joined an accelerator program in July 2021, hoping to raise capital in six months. Pitches to hundreds of investors yielded nothing. “Raising capital is a marathon, not a sprint. It’s also essential to understand that everyone’s journey in raising capital is different, and it takes time in this challenging market. But don’t get too caught up with raising capital that you forget to grow the business; keep one eye on the commercials,” he urged.  

“I’ve learned some valuable lessons during this process,” he continued. “First, your data room is crucial to your success. Keep it updated to reflect your evolving business. Second, be brutally honest with yourself and your team. Communicate candidly, even when things don’t go as planned.”

Blowers highlighted the importance of the founder and team’s well-being. “The entrepreneurial journey can negatively impact mental health, leading to burnout and depression. Prioritize your well-being and create a healthy work culture. Taking care of yourself and your team is key to completing the fundraising marathon and being ready to win at the end.”

Expand North Star is the ultimate global destination for startup innovation and inspiration. The event will run until 18 October 2023 at the Dubai Harbour, the Middle East’s biggest iconic superyacht hub.

Expand North Star is the powerhouse start-up show of GITEX GLOBAL, the world largest tech event, which opens tomorrow (16 October) at the Dubai World Trade Centre (DWTC).  

Distributed by APO Group on behalf of Expand North Star.

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Genesis Energy Chief Executive Officer (CEO) to Discuss Energy Expansion at Congo Energy & Investment Forum

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Genesis Energy

Akinwole Omoboriowo II will discuss Genesis Energy’s plan to deliver 10.5 GW of power across Africa, highlighting how Nigeria’s power sector experience can inform the development of the Republic of Congo’s domestic energy grid and gas export potential

BRAZZAVILLE, Republic of the Congo, January 20, 2025/APO Group/ — 

Akinwole Omoboriowo II, CEO of Genesis Energy, will speak at the Congo Energy & Investment Forum (CEIF) in Brazzaville this March, where he will discuss the company’s plans to deliver 10.5 GW of power across Africa, with a focus on energy initiatives that align with the Republic of Congo’s energy development goals.

Genesis Energy is driving transformational power projects, including providing 334MW to the Port Harcourt Refinery in Nigeria and plans to produce 1 GW within the WAEMU region. In October 2024, Genesis and BPA Komani announced their strategic partnership to mobilize capital and facilitate critical infrastructure projects focused on renewable energy, particularly Battery Energy Storage Systems across Africa. Additionally, Genesis’ recent MOU with the U.S. Agency for International Development will mobilize $10 billion for green energy and renewable projects, supporting Africa’s transition to a sustainable energy future.

The inaugural Congo Economic and Investment Forum, set for March 25-26, 2025 in Brazzaville, will bring together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. The event will explore the latest gas-to-power projects and provide updates on ongoing expansions across the country.

During CEIF 2025, Omoboriowo will explore how Genesis’ successful energy infrastructure development projects in Africa, combined with private sector innovation, can guide the Republic of Congo in strengthening its energy security and achieving its decarbonization goals. By leveraging its expertise in clean energy and strategic partnerships, Genesis Energy is poised to play a key role in helping the Republic of Congo harness its energy potential and expand its regional energy influence.

The Republic of Congo’s renewable energy sector is in a phase of growth, with increasing interest in solar, hydro and wind energy projects. Battery energy storage capacities are also gaining traction as a vital component of the country’s energy infrastructure, helping to balance supply and demand. The government is focusing on diversifying its energy mix to reduce dependency on fossil fuels and enhance grid reliability. Looking ahead, the Congo aims to expand its renewable energy capacity and integrate storage solutions to meet growing domestic and regional energy needs while supporting environmental sustainability.

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

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Eni, TotalEnergies Announce New Exploration Projects in Libya

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National Oil Corporation

Eni is launching three exploration plays, TotalEnergies is expecting promising results from its recent onshore exploration project, and other developments were shared during an upstream IOC-led panel at the Libya Energy & Economic Summit

TRIPOLI, Libya, January 19, 2025/APO Group/ — 

Libya’s National Oil Corporation (NOC) and international energy companies TotalEnergies, Eni, OMV, Repsol and Nabors outlined key exploration milestones and strategies to advance oil and gas production in Libya at the Libya Energy & Economic Summit 2025 on January 18.

Among the key developments highlighted were TotalEnergies’ recent onshore exploration project and promising exploration opportunities in the Sirte and Murzuq basins.

“With 40% of Africa’s reserves, Libya remains largely untapped,” said Julien Pouget, Senior Vice President for the Middle East and North Africa at TotalEnergies. Pouget shared TotalEnergies’ plans for 2025, including the completion of an onshore exploration project and new exploration in the Waha and Sharara fields. “We expect results next week,” he added.

Luca Vignati, Upstream Director at Eni, echoed optimism for Libya’s potential and outlined the company’s ongoing investment initiatives in the country. “We are launching three exploration plays – shallow, deepwater and ultra-deep offshore. No other country offers such opportunities,” Vignati stated. He also highlighted the company’s investments in gas projects, including over $10 billion for the Greenstream gas pipeline and a CO2 capture and storage plant in Mellitah.

Repsol affirmed its commitment to advancing exploration in Libya, focusing on overcoming industry challenges and achieving significant production milestones.

We have 48 billion barrels of discovered but unexploited oil, with total potential estimated at 90 billion barrels, especially offshore

“Over the past decade, Libya has made remarkable efforts to fight natural field decline and encourage exploration,” said Francisco Gea, Executive Managing Director, Exploration & Production at Repsol. “We have reached 340,000 barrels per day. The two million target is within reach, and as international companies, we have the responsibility to bring capacity and technology.”

“Innovation is key to maximizing production and accelerating exploration. By deploying cutting-edge solutions, Nabors can enhance efficiency, reduce costs and ensure safer operations,” added Travis Purvis, Senior Vice President of Global Drilling Operations at Nabors.

Bashir Garea, Technical Advisor to the Chairman of the NOC, highlighted the country’s immense oil and gas potential. “We have 48 billion barrels of discovered but unexploited oil, with total potential estimated at 90 billion barrels, especially offshore,” he said. He also pointed to Libya’s sizable gas reserves, noting, “Libya has 122 trillion cubic feet of gas yet to be developed. To unlock this potential, we need more investors and new technology, particularly for brownfield revitalization.”

“Our strategy spans the entire value chain. Strengthening infrastructure is essential to maximizing production and efficiency,” said Hisham Najah, General Manager of the NOC’s Investment & Owners Committees Department.

NJ Ayuk, Executive Chairman of the African Energy Chamber and session moderator, underlined Libya as a prime destination for foreign investment: “Libya is at the cusp of a new energy era. The time for bold investments and strategic partnerships is now.”

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

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Libya’s Oil Minister: Brownfields, Local Investment Key to 2M Barrels Per Day (BPD) Production

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Libya’s Oil & Gas Minister outlined plans to boost production to 1.6 million bpd in 2025 and 2 million bpd long-term, with brownfield development and local investment at the core, during the Libya Energy & Economic Summit

TRIPOLI, Libya, January 19, 2025/APO Group/ — 

Libya is setting its sights on boosting oil production to 2 million barrels per day (bpd) within the next two to three years, with brownfield development and local investment identified as critical drivers of this growth. Speaking at the Libya Energy & Economic Summit (LEES) in Tripoli on Saturday, Minister of Oil and Gas Dr. Khalifa Abdulsadek outlined the country’s strategy to reach 1.6 million bpd by year-end and laid the groundwork for longer-term growth.

“There are massive opportunities here, massive fields that have been discovered, but a lot of fields have fallen between the cracks,” stated Minister Abdulsadek during the Ministerial Panel, Global Energy Alliance – Uniting for a Secure and Sustainable Energy Future. “We want to make sure local oil companies take part. We also want to leverage the upcoming licensing round to support our planned growth in the oil sector.”

The minister’s remarks were complemented by a strong call for international participation in Libya’s upcoming licensing round, signaling the government’s commitment to fostering collaboration and maximizing the potential of its energy sector.

Highlighting Libya’s vast natural gas potential – with reserves of 1.5 trillion cubic meters – Mohamed Hamel, Secretary General of the Gas Exporting Countries Forum, stressed the need for enhanced investment in gas projects. He pointed to ongoing initiatives like the $600 million El Sharara refinery as opportunities to stimulate economic diversification.

There are massive opportunities here, massive fields that have been discovered, but a lot of fields have fallen between the cracks

“Natural gas is available,” Hamel stated, adding, “It is the greenest of hydrocarbons and we see natural gas continuing to grow until 2050.”

The panel also tackled the global energy transition, emphasizing Africa’s unique challenges and the need for the continent to harness its resources to achieve energy security. Dr. Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organization (APPO), underscored the critical need for finance, technology and reliable markets to drive progress.

“At APPO, we have noted three specific challenges for the African continent. Finance, technology and reliable markets,” he stated, questioning whether Africa can continue to depend on external forces to develop its resources.

As one of Africa’s top oil producers, Libya holds an estimated 48 billion barrels of proven oil reserves. The country’s efforts to expand production, attract investment and drive innovation are central to the discussions at LEES 2025. Endorsed by the Ministry of Oil and Gas and National Oil Corporation, the summit has established itself as the leading platform for driving Libya’s energy transformation and exploring its impact on global markets.

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

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