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European Union (EU) Launches Invest4Libya to Strengthen Public Finance and Drive Digital and Green Investment in Libya

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Libya

The project adopts a holistic approach to support efficient and transparent public financial management, modernize financial markets, and stimulate private sector growth

TRIPOLI, Libya, February 9, 2026/APO Group/ –The Ministry of Finance, the Delegation of the European Union to Libya, the Embassy of France in Libya, and Expertise France (www.ExpertiseFrance.fr) officially inaugurated the Invest4Libya project today. An initiative designed to strengthen Libya’s financial governance, improve its investment climate, and boost the performance and inclusiveness of the country’s MSME and entrepreneurship ecosystem.

 

The project adopts a holistic approach to support efficient and transparent public financial management, modernize financial markets, and stimulate private sector growth, particularly in green and digital entrepreneurship, laying the foundation for sustainable and inclusive economic recovery in Libya.

“Invest4Libya represents an important step in advancing public financial management and strengthening Libya’s economic foundations,” said H.E. Dr. Khaled Almbarouk, Minister of Finance. “By improving transparency and supporting private sector development, this initiative aligns with our national priorities. We value our partnership with the EU and look forward to the positive outcomes this collaboration will bring.”

Invest4Libya represents an important step in advancing public financial management and strengthening Libya’s economic foundations

Invest4Libya stands as a key milestone of the EU’s ongoing support for Libya’s economic and institutional development. Funded primarily by the European Union, with additional support from the French government, the project is implemented by Expertise France and structured around three strategic pillars:

  • Public Financial Management Reform: Supporting the Ministry of Finance and Audit Bureau to improve fiscal transparency, spending efficiency, and accountability.
  • Financial Sector Governance & Modernization: Strengthening regulatory frameworks to promote financial inclusion and the integration of digital and green finance into national policy, with the collaboration of the Central Bank of Libya and the Ministry of Planning.
  • Entrepreneurship & MSME Support: Developing Libya’s private sector by empowering incubators, accelerators, and MSMEs and linking them to investors, expertise, and enabling policies.

Together, these three pillars form a cohesive national effort that links high-level policy reform with on-the-ground implementation. Anchored by core partners such as the Ministry of Finance, the Central Bank of Libya, and the Audit Bureau, and implemented in close cooperation with the Ministry of Planning, the Ministry of Higher Education and Scientific Research, and the Ministry of Environment, the project also engages public and research institutions, private sector bodies, and business incubators to ensure broad institutional alignment and national impact.

“Creating a strong investment environment is essential for economic recovery and sustainable growth. Invest4Libya represents a major advance in the partnership between the European Union and Libya. By supporting reforms in public finance and financial governance and improving conditions for investment, this project reaffirms the EU’s dedication to empowering the Libyan private sector and supporting Libya’s economic development and diversification,” said H.E. Mr. Nicola Orlando, Ambassador of the European Union to Libya.

“Expertise France has been privileged to support Libya’s economic development for the past 10 years. With Invest4Libya, we are excited to form new partnerships and continue our collaboration with Libyan institutions to advance public financial management and empower the private sector. This initiative is vital to strengthening institutional capacity and supporting entrepreneurs, particularly in the green and digital sectors, who are driving innovation and helping shape a thriving Libyan economy” commented Mr. Maxime Bost, Programs Director of Expertise France in Libya.

Building on the successes of previous governance and digitalization efforts, the project bridges policy reform with actionable outcomes to ensure that improved financial oversight leads to tangible growth for startups and small businesses. By removing regulatory obstacles and empowering local incubators, this collaborative partnership serves as a vital step in modernizing the national economy and unlocking Libya’s potential for a more digital, diversified, and inclusive future.

Distributed by APO Group on behalf of Expertise France.

Business

Spiro Kenya Unveils Khaligraph Jones as Brand Ambassador to Champion Kenya’s Electric Mobility Revolution

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Spiro

The collaboration with Khaligraph Jones is expected to amplify Spiro’s brand visibility and support its mission of making electric mobility accessible to every rider while driving the transition to a cleaner and more sustainable future

NAIROBI, Kenya, July 8, 2026/APO Group/ —

  • The announcement marks the beginning of a collaboration that brings together one of Kenya’s most influential personalities and a company at the forefront of transforming transportation through clean, sustainable mobility.

 

  • As Brand Ambassador, Khaligraph Jones will support Spiro’s initiatives to promote electric mobility, engage rider communities, and drive public awareness on the environmental and economic benefits of electric motorcycles and battery-swapping technology.

Spiro Kenya (www.Spironet.com), Africa’s leading electric mobility company, today officially unveiled award-winning rapper, entrepreneur, and cultural icon Khaligraph Jones as its Brand Ambassador in a strategic partnership aimed at accelerating awareness and adoption of electric mobility solutions across Kenya.

Today marks an exciting milestone for Spiro Kenya as we officially welcome Khaligraph Jones to our family

The announcement marks the beginning of a collaboration that brings together one of Kenya’s most influential personalities and a company at the forefront of transforming transportation through clean, sustainable mobility.

Welcoming Khaligraph Jones to the Spiro family, Raymond Robert Kitunga, Deputy Country Head, Spiro Kenya, expressed confidence that the partnership would strengthen the company’s efforts to connect with riders, young people, and communities across the country while advancing the conversation around sustainable transport.

“Today marks an exciting milestone for Spiro Kenya as we officially welcome Khaligraph Jones to our family. Through this partnership, we aim to inspire a new generation to embrace cleaner, smarter, and more sustainable transportation solutions,” said Raymond Robert Kitunga, Deputy Country Head, Spiro Kenya.

As Brand Ambassador, Khaligraph Jones will support Spiro’s initiatives to promote electric mobility, engage rider communities, and drive public awareness on the environmental and economic benefits of electric motorcycles and battery-swapping technology.

Speaking during the unveiling, Khaligraph Jones said he was proud to partner with a brand that is helping shape the future of transportation in Africa.

“I’m excited to join the Spiro family and be part of a movement that is changing how people move every day. I look forward to working together to inspire more Kenyans to embrace the future of mobility,” said Khaligraph Jones.

The partnership comes at a time when Kenya is increasingly embracing clean energy solutions and innovation-driven transportation systems. Spiro continues to provide riders with affordable, reliable, and environmentally friendly mobility solutions while creating economic opportunities for thousands of riders across the country.

The collaboration with Khaligraph Jones is expected to amplify Spiro’s brand visibility and support its mission of making electric mobility accessible to every rider while driving the transition to a cleaner and more sustainable future.

Distributed by APO Group on behalf of Spiro.

 

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Energy

Gold Fields’ Benford Mokoatle to Shape Gold Investment Agenda at African Mining Week

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Etu Energias

Gold Fields Executive Vice President Benford Mokoatle will contribute to African Mining Week’s program, bringing more than two decades of operational leadership to discussions on investment, production growth and value addition across Africa’s gold sector

CAPE TOWN, South Africa, July 8, 2026/APO Group/ –Benford Mokoatle, Executive Vice President at Gold Fields, has been appointed to the Advisory Board of African Mining Week (AMW) – Africa’s Most Influential Mining Conference.

 

Mokoatle’s appointment reinforces AMW’s commitment to bringing together leading industry figures to help shape discussions on the opportunities and challenges transforming Africa’s mining sector. It also comes at a pivotal time for the continent’s gold industry, as record gold prices and sustained central bank demand create favorable conditions for new project development and investment.

Benford Mokoatle brings more than two decades of operational and leadership experience in Africa’s gold mining industry

In his advisory role, Mokoatle will provide strategic guidance on the event’s gold-focused agenda, engage with industry stakeholders and support participation from mining executives, investors and government leaders. His expertise will help ensure AMW delivers practical insights into the trends shaping Africa’s gold industry while fostering partnerships that unlock new investment opportunities.

Taking place under the theme, “Mining the Future: Unearthing Africa’s Full Mineral Value Chain” from October 14–16 in Cape Town, AMW will feature a dedicated Gold Forum examining the key opportunities and challenges across Africa’s gold value chain. Discussions will focus on increasing production, advancing local beneficiation and supporting the formalization of artisanal and small-scale mining.

With more than 21 years of mining experience, Mokoatle has held senior technical and operational leadership positions at Gold Fields, AngloGold Ashanti and De Beers. His expertise spans geology, mine management and operational excellence, providing him with a comprehensive understanding of the operational and strategic priorities shaping Africa’s gold industry.

At Gold Fields, Mokoatle plays a leading role in advancing the South Deep Mine in South Africa – one of the world’s deepest and largest gold mines – as a cornerstone of the company’s long-term growth strategy. Current initiatives include the South of Wrench development and renewable energy projects designed to improve operational efficiency while supporting Gold Fields’ 2026 production guidance of 2.4 to 2.6 million ounces.

“Benford Mokoatle brings more than two decades of operational and leadership experience in Africa’s gold mining industry. His contribution will be instrumental in ensuring AMW 2026 delivers meaningful outcomes for the sector,” said Rachelle Kasongo, Event Director, AMW. “As African producers expand output to capitalize on strong global demand, his expertise will help shape the program and strengthen dialogue on the policies, partnerships and investment needed to support long-term growth.”

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

 

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Business

Hyatt Announces Plans for Grand Hyatt Victoria Falls The Kingdom

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Hyatt Victoria Falls

Set to open in late 2027 after an extensive refurbishment of the building, Grand Hyatt Victoria Falls will be the second Hyatt branded hotel in Zimbabwe

We aim to create an elevated hospitality experience that celebrates the culture, energy and significance of Victoria Falls

VICTORIA FALLS, Zimbabwe, July 8, 2026/APO Group/ –Hyatt (www.Hyatt.com) announced today that Grand Hyatt Victoria Falls The Kingdom is expected to open in late 2027 following the signing of a management agreement between a Hyatt affiliate and an affiliate of Albwardy Investments LLC. Located in Zimbabwe’s Victoria Falls, home to the world-famous waterfall of the same name, the hotel will become the second Hyatt branded hotel in the country.

 

Originally built in 1966 and redeveloped in 1999, the property will undergo an extensive renovation and design transformation in line with the Grand Hyatt brand, creating a captivating destination within a destination that celebrates both the iconic and intimate moments through thoughtful details and grand experiences. The hotel will give World of Hyatt members and guests the opportunity to visit and stay in another renowned leisure travel destination. Upon opening as Grand Hyatt Victoria Falls The Kingdom, World of Hyatt members will be able to earn and redeem World of Hyatt benefits.

Nestled in the heart of Victoria Falls, which is recognized as a UNESCO World Heritage Site and locally known as Mosi-oa-Tunya or “The Smoke That Thunders”, the future Grand Hyatt Victoria Falls The Kingdom will offer a distinctive gateway to one of the world’s most iconic destinations. The location of the hotel will place guests within a vibrant and compact tourism hub, with only a five-minute walk to the Victoria Falls rainforest and easy access to regional safari circuits, guided tours, restaurants and cultural experiences.

“We are delighted to collaborate with Albwardy Investments to bring the Grand Hyatt brand to Victoria Falls,” said Ludwig Bouldoukian, Regional Vice President, Development, Middle East and Africa, Hyatt. “With its landmark location just moments from the Victoria Falls rainforest, this property represents a truly exceptional setting. This signing marks a significant milestone in Hyatt’s continued expansion across Africa, reinforcing our commitment on growing our brand presence in the region and providing World of Hyatt members more travel choice in inspiring destinations.”

“We are proud to collaborate with Hyatt on plans to introduce the Grand Hyatt brand to Victoria Falls,” said Mr. Ali Albwardy, Chairman, Albwardy Investments. “As one of the destination’s most established hospitality landmarks for more than 60 years, the property holds significant heritage and potential within Zimbabwe. Through its transformation under the Grand Hyatt brand, and with plans to reopen in late 2027, we aim to create an elevated hospitality experience that celebrates the culture, energy and significance of Victoria Falls, further reinforcing our commitment to Africa’s hospitality sector.”

The property is expected to feature 245 thoughtfully appointed guestrooms and an extensive range of facilities, including 1,800 sqm (19,375 sq ft) of meeting and event space, three dining venues, a spa and fitness center and a grand lobby lounge.  The hotel will offer a dynamic mix of culinary, leisure and wellness experiences along with welcoming service that creates an elevated experience for all guests. As the closest hotel to the entrance of the Victoria Falls national park on the Zimbabwean side of the border, the property is ideally located near the area’s key attractions. It is also a short 20-minute drive from Victoria Falls International Airport, making it well suited for leisure, events and business travellers alike.

To learn more about Hyatt, visit www.Hyatt.com


The term “Hyatt” is used in this release for convenience to refer to Hyatt Hotels Corporation and/or one or more of its affiliates.

 

Distributed by APO Group on behalf of Hyatt.

 

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