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Fumba Town partners with Sauti za Busara

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Zanzibar

This new strong partnership will ensure that the internationally renowned Festival will carry on its journey and continue to attract thousands of visitors to Zanzibar

ZANZIBAR, Tanzania, October 18, 2022/APO Group/ — 

Zanzibar’s new eco-town development Fumba Town – a project by developer CPS (https://CPS.Africa) – joins forces with Sauti za Busara and becomes the main sponsor for East Africa’s most prominent international music festival in Zanzibar.

“Busara Promotions is delighted to announce its core operational expenses for the next three years will largely be covered by CPS, and by that, Fumba Town is becoming the main festival partner and sponsor.” Yusuf Mahmoud, CEO and Festival Director of Sauti za Busara, announced yesterday.

He added that Sauti za Busara would not be possible without partners and sponsors such as CPS, the company developing Fumba Town. This new strong partnership will ensure that the internationally renowned Festival will carry on its journey and continue to attract thousands of visitors to Zanzibar. The Norwegian Embassy previously supported the Festival from 2009 until March 2022. When this and other sponsors withdrew earlier this year, the widely acclaimed African Festival was in danger of being discontinued.

This upcoming Festival will be Sauti za Busara’s 20th-Anniversary edition. Except for 2016, the music event held at the historic Old Fort in UNESCO-protected Stone Town has never failed to be held, even during two years of the coronavirus crisis. It attracts up to 20,000 visitors over three to four days – a major booster for Zanzibar tourism for two decades. “The festival has been a vital part of Zanzibar’s culture”, said Tobias Dietzold, Chief Commercial Officer of CPS: “It brings together people from all walks of life, promoting strong, peaceful and resilient communities.” Dietzold added: “This is what we stand for at Fumba Town and CPS, and therefore we are grateful to be able to contribute our part. The private sector must take responsibility to support initiatives like this.” 

Among many colourful and diverse acts performing at Busara in recent years were Sampa The Great (Zambia), Nneka (Nigeria), BCUC (South Africa) and Blitz the Ambassador (Ghana/USA). Under the inspiring guidance of festival director and music lover Yusuf Mahmoud, the Festival has focussed on women entertainers as well as young and upcoming acts. The cosmopolitan island of Zanzibar has a strong cultural connection. There is a saying: “When the flute plays in Zanzibar, the whole of Africa dances.”

We are committed to keeping the Sauti za Busara festival robust and dynamic for the next few years as we enjoy our rich and diverse cultural heritage through live music

Diverse cultural heritage

“We are committed to keeping the Sauti za Busara festival robust and dynamic for the next few years as we enjoy our rich and diverse cultural heritage through live music,” CPS director Dietzold stressed. 

“Through this partnership, we want to ensure that, at the minimum, the next three Busara festivals and the culture surrounding them continue to thrive. In addition, we want to establish a long–term relationship with the organisers,” he added. 

Tourism Minister: “Unforgettable experience.”

On his part, the Minister for Tourism and Heritage for Zanzibar, Hon. Simai Mohammed Said lauded both Sauti za Busara and Fumba Town for coming together to support the growth of tourism in the isles. 

“The Festival has, over the last 20 years, become one of the major attractions for visitors in our annual events calendar. We urge all government agencies and leaders, businesses, private and corporate donors to follow CPS’ positive example to invest in celebrations of our arts and cultural heritage, which offer unique and unforgettable experiences for visitors to the region,” the Minister of Tourism noted. “

Sauti za Busara – Tanzania’s most compelling music and cultural Festival, brings together thousands of enthusiasts and performers from across Africa and the world to celebrate the richness and diversity of African music and heritage. The Festival is staged during February each year and is organised by Busara Promotions, a non-governmental organisation (NGO). It ranks high among African music festivals, including the Festival in the Desert in Mali, which had to be discontinued because of political unrest, the MTN Bushfire Festival in eSwatini and the Cape Town International Jazz Festival in South Africa. 

The 20th-anniversary edition of Sauti za Busara will take place from 10th to 12th February 2023. With its theme being Tofauti Zetu, Utajiri Wetu (Diversity is Our Wealth), the Festival will reach out to a diverse crowd and feature live music performances from Zanzibar, Tanzania, DRC, South Africa, Zimbabwe, Nigeria, Ghana, Senegal, Egypt, Sudan, Ethiopia, Mayotte and Reunion. It is usually embedded among training workshops, networking and cultural events throughout Stone Town. 

Distributed by APO Group on behalf of CPS Zanzibar Limited.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

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