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Expand North Star 2024: The world’s largest startup and investment event officially underway in Dubai

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Expand North Star

Expand North Star 2024 hosts its biggest-ever European participation with over 1,000 SMEs and more than 450 startups from 35 countries across the continent

DUBAI, United Arab Emirates, October 14, 2024/APO Group/ — 

Expand North Star’s highly anticipated ninth edition takes place at Dubai Harbour from 13-16 October; Acclaimed event brings entire global startup ecosystem to the UAE to accelerate the world’s most sought-after startups towards rapid growth and development.

Expand North Star 2024 (http://apo-opa.co/4eZYlV6), the world’s largest startup and investment event, is officially underway in the UAE as Sunday saw the entire global startup ecosystem enjoy an action-packed opening day at Dubai Harbour.

Hosted by the Dubai Chamber of Digital Economy and organised by Dubai World Trade Centre (DWTC), Expand North Star takes place from 13-16 October at the Middle East’s biggest superyacht club.

Already the annual go-to showcase for startups, investors, accelerators, and tech enthusiasts to source funding, investment deals, and essential industry updates, Expand North Star 2024 is primed to be the most prominent, dynamic, and influential in its nine-year history.

Seamlessly integrated with GITEX GLOBAL, the event presents an extensive programme and immersive exhibition with over 1,800 exhibiting startups and more than 1,200 investors with assets under management (AUM) exceeding $1 trillion.

Fascinating first day of record-breaking event

Whilst bringing the entire startup ecosystem to the UAE and accelerating the world’s most sought-after startups towards rapid growth and development, this year’s edition is also the largest and most international to date with over 100 countries participating.

Expand North Star 2024 hosts its biggest-ever European participation with over 1,000 SMEs and more than 450 startups from 35 countries across the continent. Several participated in one of the highlight sessions of “Investor Sunday” at Expand North Star – ‘Connected for Success: The Power of Cross-border Collaboration in Europe’.

Alongside panellists from France, Italy, Poland, and Portugal, Dr. Sebastian Schäfer, CEO of House of Finance & Tech Berlin, discussed the future of funding and investments.

We need real joint value propositions for tangible success and use cases that help us to work together

Dr. Schäfer called for newfound cross-continental collaboration between European nations, citing the vast “untapped potential” across the digital space. He said: “As countries, we don’t collaborate. We need real joint value propositions for tangible success and use cases that help us to work together. We have the ingredients needed to compete with the big tech companies from China and the US – but we need novelty ways to utilise advantages, harness talent, and create future unicorn factories. There’s so much untapped potential waiting to be explored.”

Expand North Star 2024 also welcomes a wide variety of new exhibiting companies from Central Asia, Southeast Asia, and Latin America alongside many from the Middle East and Africa.

Bringing together 59 leading unicorns with a combined valuation of $400 billion, Expand North Star 2024 fosters startup innovation with the all-new NS scaleups (http://apo-opa.co/3U4Dvfa). This programme has been introduced to forge collaborations, stimulate business growth, and connect late-stage startups with strategic partners, venture capitalists, and clients. The opportunistic unicorn landscape was explored in another of the opening day’s standout sessions – ‘Climate Tech Unicorns: Valuation, Volatility, and Venture Capital’.

During the Sunday afternoon talk, Sean O’Sullivan, Founder of US venture capital firm SOSV – the world’s most active climate tech investor – addressed the opportunities at hand for the climate tech unicorns of tomorrow. He said: “Climate change is an urgent, existential crisis for humanity – and unsustainable, nonsensical business models cannot continue. There are opportunities for tens of thousands of startups to immediately begin solving our problems and reinventing society – becoming profitable over time. Open AI was founded in 2015 and was going nowhere until recently. Now it’s the most valuable company in the world. With perseverance, companies can suddenly be worth hundreds of billions – even trillions – of dollars.”

What to watch out for at Expand North Star 2024?

Throughout its four-day duration, Expand North Star casts a unique and insightful spotlight on the future of money, blockchain, creativity, and the planet through industry-defining events, including GITEX Impact (http://apo-opa.co/4eZh8ji), Fintech Surge (http://apo-opa.co/483f8Ex)Future Blockchain Summit (http://apo-opa.co/4f657c1), and Marketing Mania (http://apo-opa.co/4f032OG).

The inaugural Tech Transfer 3.0 (http://apo-opa.co/402LDAM) converges leading research labs, visionary scientists, engineers, tech experts, and academics to demonstrate innovation from concept to real-world applications. This event welcomes high-tech institutions for the first time – including IE University, University College London (UCL), Johns Hopkins University, and the Massachusetts Institute of Technology (MIT).

The globally acclaimed Supernova Challenge 2.0 (http://apo-opa.co/3BG1JpD) also presents the best startups from Europe, Asia, and Africa, building momentum for the new and eagerly awaited GITEX EUROPE Berlin, GITEX ASIA Singapore, GITEX NIGERIA, and GITEX AFRICA Morocco in 2025. After six months of semi-finals worldwide, nearly 200 selected startups will pitch in the global grand finale for a cash prize pool of $200,000.

In a proactive and engaging way to connect the UAE’s youth with Dubai’s economic agenda, the younger generation will also be in the spotlight through GITEX YouthX Unipreneur (http://apo-opa.co/3U9LEiB) with YouthX Talks and an Educators Innovation Pitch among the schedule highlights.

Expand North Star runs concurrently with GITEX GLOBAL 2024, the world’s largest and best-rated tech and startup event taking place at DWTC from 14-18 October.

For more information, please visit: www.ExpandNorthStar.com.

Distributed by APO Group on behalf of Dubai World Trade Centre (DWTC).

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RIOT Network and MediaTek collaboration expands digital access in South Africa through innovative, community-driven Wi-Fi solutions

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RIOT Network aims to make fast, unlimited Wi-Fi services accessible for people in townships and underserved communities

JOHANNESBURG, South Africa, November 22, 2024/APO Group/ — 

MediaTek (www.MediaTek.com), a global fabless semiconductor company powering nearly 2 billion connected devices a year, and RIOT Network (https://RIOT.Network), a community mobile broadband provider in South Africa, have announced the successful integration of Mediatek’s Filogic 830 (https://apo-opa.co/3CIbkNl) chipset into RIOT’s second-generation CROWDNet Core Nodes.

The successful deployment of the CROWDNet nodes has enabled RIOT Network to achieve its aim of offering uncapped internet at an affordable price of R99 per month, and to do so profitably. To date, RIOT Network, in partnership with Sonke Telecommunications, has leveraged the nodes to connect more than 800 households and 5000 users in Olievenhoutbosch to uncapped Wi-Fi services.

RIOT Network aims to make fast, unlimited Wi-Fi services accessible for people in townships and underserved communities. Its CROWDNet Nodes, enable an innovative model for deploying user-operated network infrastructure. Community members serve as operators of some of the core network devices to earn a share of the fee from neighbours who use the service.

With each new connection, RIOT Network is highlighting the role of innovative fixed-wireless solutions in extending broadband access and improving digital inclusivity

CROWDNet powered by MediaTek Filogic 830 brings affordable, last-kilometre broadband to communities where it is not commercially viable to deploy towers or fibre. The MediaTek Filogic 830 is a high-performance SoC for routers, repeaters, access points and mesh networking devices. The SoC enables device makers to build-in powerful applications based on an energy-efficient, Wi-Fi 6-ready platform.

“The Mediatek’s Filogic 830 chipset delivers a unique balance of high performance and cost-efficiency, allowing us to keep operational costs low while maximising network reliability and speed,” said Jarryd Bekker, CEO at RIOT Network. “This combination of affordability and sustainable business growth is pivotal to our vision of expanding digital access in underserved communities. Our work in Olievenhoutbosch near Centurion demonstrates the power of reliable, affordable internet, creating new opportunities for economic and social engagement.”

“With each new connection, RIOT Network is highlighting the role of innovative fixed-wireless solutions in extending broadband access and improving digital inclusivity,” said Rami Osman (https://apo-opa.co/4ghZBUn), Director for Business Development, MediaTek Middle East and Africa. “We look forward to supporting RIOT in building a future where high-quality internet is accessible and impactful for all.”

Distributed by APO Group on behalf of MediaTek Inc

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African Energy Chamber (AEC) Endorses Inaugural Congo Energy & Investment Forum, Catalyzing Growth in the Republic of Congo’s Energy Sector

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African Energy Chamber

The African Energy Chamber proudly supports the inaugural Congo Energy & Investment Forum, scheduled for March 25-26, 2025 in Brazzaville

BRAZZAVILLE, Republic of the Congo, November 21, 2024/APO Group/ — 

The African Energy Chamber (AEC), as the voice of Africa’s energy sector, proudly supports the inaugural Congo Energy & Investment Forum (CEIF), set to take place in Brazzaville on March 25-26, 2025. Unveiled during African Energy Week: Invest in African Energies in Cape Town by the Republic of Congo’s Ministry of Hydrocarbons, this milestone event signals the nation’s commitment to strengthening its role as a key energy player on the continent, while showcasing a range of investment opportunities. 

Under the leadership of Hydrocarbons Minister Bruno Jean-Richard Itoua, the Republic of Congo has emerged as sub-Saharan Africa’s fourth-largest oil producer, with anticipated production of 280,000 barrels per day (BPD) by the end of 2024 and ambitions to reach 500,000 BPD within three to five years. Building on this momentum, the CEIF will highlight innovative projects and foster strategic partnerships that enhance investment, drive economic growth and position the Congo as a leader in Africa’s energy expansion.

Meanwhile, Société Nationale des Pétroles du Congo (SNPC), led by CEO Maixent Raoul Ominga, is spearheading the Congo’s energy growth. SNPC holds a majority stake in the Mengo Kundji Bindi II permit, with 2.5 billion barrels of estimated oil potential. The company is developing the site through 13 wells, 3D seismic data acquisition, and the construction of six production platforms. 

We are honored to secure the Chamber’s endorsement for this pivotal forum

With the Chamber’s official support, the CEIF is set to attract government leaders, C-suite executives from major IOCs and energy experts, who will offer critical insights into Congo’s oil, gas and energy sector developments. The country is overhauling its gas sector to unlock 10 trillion cubic feet of resources through a comprehensive Gas Master Plan and new Gas Code that introduces favorable fiscal terms and enables small-scale project development, as well as large-scale, integrated gas megaprojects like Eni’s Congo LNG and Wing Wah’s Bango Kayo. 

“The Congo Energy & Investment Forum marks a major milestone for the country, amplifying its strategic energy initiatives and showing industry stakeholders that it is serious about advancing its energy sector. We look forward to supporting this forum, which promises to connect investors, drive impactful partnerships and elevate the Congo’s position within Africa’s energy sector,” says NJ Ayuk, Executive Chairman of the AEC.  

“We are honored to secure the Chamber’s endorsement for this pivotal forum, which, through its vast network and influence, will help attract key stakeholders and decision-makers to the event. Together, we aim to highlight the immense potential of the Congo’s energy sector, foster strategic partnerships and drive transformative investments that contribute to sustainable growth across the industry,” notes James Chester, CEO of Energy Capital & Power, organizers of the CEIF.   

This premier forum provides a unique platform for connecting local and international investors with high-impact opportunities across a diversified range of energy projects, paving the way for collaborations that drive growth and transformation. The AEC’s endorsement underscores its commitment to fostering strategic partnerships, sustainable investment and regional cooperation, aligning with its broader mission to make energy poverty history across the continent by 2030.  

As the energy industry continues to serve as a critical pillar of the Congolese economy and a catalyst for sustainable development, the AEC remains dedicated to supporting initiatives like CEIF that foster progress, investment and partnerships across the African energy landscape. 

For more information, please visit www.CongoEnergyInvestment.com

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

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Any Successful African Energy Policy at Conference of the Parties (COP) or Anywhere Must Have Oil and Gas at its Core (By NJ Ayuk)

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Conference of the Parties

Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels

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JOHANNESBURG, South Africa, November 21, 2024/APO Group/ — 

By NJ Ayuk, Executive Chairman of the African Energy Chamber (www.EnergyChamber.org).

I believe the ultimate responsibility for getting there is ours and no one else’s. Yes, we need partners to walk alongside us, but the success of our energy movement rests on African shoulders.

To begin with, I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals.

This will be particularly important in COP29 in Baku. It is imperative that African leaders present a unified voice and strategy for African energy transitions. We must make Africa’s unique needs and circumstances clear and explain the critical role that oil and gas will play in helping Africa achieve net-zero emissions in coming decades.

I would encourage African leaders to talk about the need for financing, as well, to make it possible for us to adopt renewable energy sources and set up the necessary infrastructure. Africa will need global financial systems, including multilateral development banks, to play a significant role in financing our energy growth which must include fossil fuels.

Africa’s governments have a role to play in a successful African energy movement as well.

Because Africa’s energy industry still can benefit greatly from the presence of international oil companies, our government leaders need to approve contracts with oil and gas companies promptly instead of allowing red tape to delay projects after discoveries are made.

And, they need to offer the kinds of fiscal policies that allow oil companies to operate profitably in Africa. In turn, that will help those companies generate revenue, create jobs and business opportunities, and foster capacity building.

I also would encourage governments and civil societies to reward companies that exemplify positive behavior. Let’s incentivize the kind of activities we want, from creating good jobs and training opportunities to sharing knowledge.

I would love to see African energy stakeholders speaking in a unified voice about African energy industry goals

And there’s more.

We in Africa must work together to create more opportunities for women to build careers in the oil and gas industry at all levels. Our energy industry can’t reach its potential to do good when half of our population is left out. Our progress on behalf of women has not been great—We need to do better, and we need to act quickly.

How the world can support

Now, I mean it when I say Africans are responsible for building the future they want. But, I would love to see Western governments, businesses, financial institutions, and organizations support our efforts.

How? They can avoid demonizing the oil and gas industry. We see it constantly, in the media, in policy and investment decisions, and in calls for Africa to leave our fossil fuels in the ground. Actions like these, even as Western leaders have pushed OPEC to produce oil, are not fair, and they’re not helpful.

I also would respectfully ask financial institutions to resume financing for African oil and gas projects and stop attempting to block projects like the East African Crude Oil pipeline or Mozambique’s LNG projects.

Please understand that with the war in Ukraine, the energy crisis in Europe, and the energy poverty facing our continent, our countries, like many others, are simply choosing the paths they believe are most likely to help their people.

You know, people for years have accused me of loving oil and gas companies more than Africa. The opposite is true. In my frequent travels around the continent, I’ve observed far too many young people with little in the way of opportunities.

I know our young people have aspirations for a better future. I know they have big dreams. And, I know that future is nearly within their grasp.

A thriving, strategically managed energy industry can make it possible for many of these young people, whether it leads to good jobs or it fosters the kind of economic growth that creates jobs in other fields. Even if we only get the lights on in their communities, we’ll be giving our young people hope and improving their chances of realizing their goals.

This is what drives me, the idea that with our ongoing efforts and determination, our young people can realize meaningful opportunities. I encourage each of you to work with us at the African Energy Chamber, in a spirit of cooperation and mutual respect. Together, we can build the kind of African energy movement that our continent, our communities, and our young people need and deserve.

Distributed by APO Group on behalf of African Energy Chamber.

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