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Fund for Export Development in Africa (FEDA) Board Appoints Mr. Emmanuel Assiak as Chief Executive Officer

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Export Development

The appointment comes at a pivotal stage in FEDA’s growth, as it continues to scale its investment activities to support Africa’s export development and industrialization agenda, especially amid severe capital flight

I extend my sincere appreciation to the Board of Directors of FEDA and Afreximbank for their continued trust and confidence

CAIRO, Egypt, June 2, 2026/APO Group/ –The Fund for Export Development in Africa (FEDA), the equity investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced the appointment of Mr. Emmanuel Assiak as its Chief Executive Officer, effective 15 December 2025.

 

The appointment comes at a pivotal stage in FEDA’s growth, as it continues to scale its investment activities to support Africa’s export development and industrialization agenda, especially amid severe capital flight. Strong leadership will be key to advancing FEDA’s mandate to mobilize and deploy capital into export-oriented sectors aligned with Afreximbank’s strategic priorities.

Mr. Assiak brings over 30 years’ experience in financial services, including about 20 years in private equity. He has a strong track record of leading and supporting large-scale investments across African markets, with deep expertise in transaction structuring, capital deployment, and value creation. He has led investments across multiple sectors in Africa, served on several corporate boards, and successfully executed complex transactions and investor exits. His experience spans leadership, strategic partnerships, institution-building, and driving transformational investments across the continent.

He has been closely involved in FEDA’s development since inception, having served as Pioneer Director and Managing Director/Chief Investment Officer for over six years, and most recently as the interim Chief Executive Officer since November 2025.

During his tenure as Chief Investment Officer, he played a key role in establishing FEDA’s investment platforms and building its portfolio, contributing significantly to the growth and institutional development.

Prior to joining FEDA in 2019, Mr. Assiak served as Vice President and Principal at African Capital Alliance -a pan-African investment group-, and held senior roles in the Nigerian banking sector, including at Zenith Bank Plc. and Continental Trust Bank (now part of United Bank for Africa (UBA) Group).

Mr. Assiak holds a Master of Business Administration (MBA) from Manchester Business School, a Master of Science in Economics from the University of Lagos and a Bachelor of Science in Economics from the University of Cross River State (now University of Uyo). He is a Fellow of the Institute of Chartered Accountants of Nigeria and holds an executive certification in Private Equity at the Coller Institute, London Business School.

Dr. George Elombi, President and Chairman of both the Board of Directors of Afreximbank and FEDA, commented: “Mr. Assiak’s leadership, deep institutional knowledge, and understanding of Africa’s private equity market are critical to strengthening Africa’s private sector, a key driver of Africa’s intra-African trade and economic transformation. Given his track record, we expect FEDA to continue to mobilize and deploy strategic investments aimed at accelerating industrialization, value addition, and boosting export development across the continent.”

Commenting on his appointment, Mr. Emmanuel Assiak, Chief Executive Officer, FEDA said: “I extend my sincere appreciation to the Board of Directors of FEDA and Afreximbank for their continued trust and confidence. FEDA is contributing significantly to mobilizing long-term capital for Africa’s export and industrial sectors, and we will build on the established strong foundation. Together with our partners, FEDA will deepen its impact by scaling investments that unlock value, strengthen intra-African trade, and support the continent’s industrialization agenda.”

Mr. Assiak will be based in Kigali, Rwanda.

Distributed by APO Group on behalf of Afreximbank.

Business

Gold Fields, Moore Global and Mali Chamber of Mines to Lead Gold Growth Dialogue at African Mining Week (AMW) 2026

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Gold Fields

As record prices reshape investment priorities, industry leaders will examine the strategies, partnerships and financing needed to expand Africa’s gold production

CAPE TOWN, South Africa, August 3, 2026/APO Group/ –As African governments and mining companies accelerate efforts to expand gold production and capitalize on strong global demand, African Mining Week (AMW) 2026, taking place October 14–16 in Cape Town, will spotlight the policies, partnerships and investments driving the continent’s next phase of growth in the gold sector.

 

The event will feature a dedicated panel, Expanding Africa’s Gold Output, exploring strategies to increase gold production, formalize artisanal and small-scale mining and strengthen investment across the value chain.

The session will be moderated by Matt Banton, Head of Mining at Moore Global, and feature Fousseni Togola, President of the Mali Chamber of Mines, and Benford Mokoatle, Executive Vice President: South Africa at Gold Fields.

The discussion comes as the global gold market continues to strengthen. Gold prices have remained above $4,000 per ounce throughout 2026, supported by sustained central bank demand as countries increase gold reserves to diversify foreign exchange holdings and strengthen financial resilience. Across Africa, central banks in Tanzania, Kenya, Ghana, Uganda, Egypt and Namibia have expanded gold purchase programs, reinforcing demand while creating new opportunities for domestic producers.

African gold-producing nations are responding by introducing reforms aimed at increasing production and improving sector governance. In Mali, the government is strengthening the artisanal and small-scale gold mining sector as part of its strategy to maintain annual gold production above 60 metric tons. In July 2026, the country established the Malian Office of Precious Substances, a new state institution responsible for regulating and formalizing artisanal gold production across approximately 400 mining sites employing nearly two million people. At the same time, Mali continues to strengthen partnerships with major mining companies, including Barrick, B2Gold, Toubani Resources and Cora Gold, to sustain long-term production growth and attract additional investment.

At AMW 2026, Togola is expected to discuss how the Mali Chamber of Mines is supporting these reforms while highlighting the investment opportunities emerging across the country’s gold sector. His participation will explore the role of chamber members in expanding production, strengthening local participation and positioning Mali among Africa’s leading gold producers.

South Africa is also advancing initiatives to revitalize its gold industry through increased exploration and long-term mine investment. Earlier this year, the government expanded the Junior Mining Exploration Fund to R600 million, improving access to exploration capital for emerging mining companies and supporting efforts to unlock new gold discoveries.

Complementing these national initiatives, Gold Fields is investing R1.714 billion through 2027 to deepen its flagship South Deep Mine, positioning the operation as a long-life production hub well beyond 2030. Gold Fields’ Mokoatle is expected to provide an update on the company’s long-term investment strategy, highlighting how innovation and sustained capital investment are supporting South Africa’s efforts to strengthen gold production.

As investment accelerates across Africa’s gold sector, AMW 2026 provides a premier platform to connect governments, producers, investors and service providers, advancing the partnerships and capital needed to unlock the continent’s next phase of gold production growth.

 

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

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African Power & Energy Elites evolves into African Infrastructure Elites: People and Projects

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While power and energy remain central to the platform, the African Infrastructure Elites will provide a broader space to recognise leadership, innovation and delivery across essential infrastructure sectors

CAPE TOWN, South Africa, August 3, 2026/APO Group/ –The African Power & Energy Elites, brought to you by ESI Africa, part of VUKA Group (https://WeAreVUKA.com), has officially rebranded as the African Infrastructure Elites: People and Projects.

The new identity reflects the initiative’s evolving reach and its recognition of the interconnected people, projects and systems supporting Africa’s socioeconomic growth. While power and energy remain central to the platform, the African Infrastructure Elites will provide a broader space to recognise leadership, innovation and delivery across essential infrastructure sectors, including energy, water and transport.

Now entering its 11th edition, the annual African Elites initiative has built a strong legacy of showcasing the professionals and projects making a measurable contribution to the continent. Previous volumes have profiled utility executives, engineers, developers, financiers, policymakers, emerging professionals and project teams working to improve infrastructure access, resilience and sustainability.

The rebrand builds on this legacy while creating greater opportunity to tell the stories behind Africa’s infrastructure transformation.

The African Infrastructure Elites will continue to recognise both established leaders and rising stars, as well as projects across categories that include grid-tied and off-grid infrastructure, smart and digital solutions, clean transport (rail, road, air, shipping), energy at mines, water and sanitation, and finance and investment.

African Infrastructure Elites Advisory Board

Each nomination will be reviewed by the African Infrastructure Elites Advisory Board, a panel of experienced industry professionals responsible for assessing submissions on merit. The board’s independent vetting process plays an essential role in maintaining the credibility of the annual publication and ensuring that the selected people and projects demonstrate meaningful achievement, innovation and impact.

The Advisory Board includes:

Chanda Nxumalo – Managing Director, Harmattan Renewables, South Africa

George Aluru — Chief Executive Officer, Electricity Sector Association of Kenya (ESAK)

Gordon Molefe — Founder and CEO, Business4U Consultants, Botswana

Ifey Ikoneu — Energy Policy, Markets & Regulation Consultant, Ghana

Suleiman Babamanu — Nigeria Program Director, RMI

Yolanda Mabuto — Managing Director, Divaine Growth Solutions, South Africa

Selected nominees will be featured in the African Infrastructure Elites: People and Projects 2026/2027 publication and promoted through ESI Africa’s digital channels, multimedia platforms, webinars, social media campaigns and industry events.

The African Infrastructure Elites online library will also continue to provide access to previous editions, preserving a record of the individuals and projects that have shaped Africa’s power, energy and infrastructure landscape over the years.

Organisations and individuals are invited to nominate colleagues, partners, industry leaders, rising professionals or projects demonstrating tangible results and the potential to inspire or be replicated elsewhere in Africa.

Nominations for the 2026/2027 edition close on 2 October 2026.

This year’s theme, Access and Affordability empower security for All, speaks directly to one of Africa’s most pressing development imperatives. Reliable and affordable access to energy and power, clean potable water and sanitation, and sustainable and clean transport remains fundamental to economic growth, social wellbeing and long-term resilience.

Explore past volumes and submit a nomination: https://apo-opa.co/4xhe7UL

Distributed by APO Group on behalf of VUKA Group.

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Canon returns to Visa pour l’Image to champion outstanding photojournalism

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Canon

Canon to recognise outstanding contributions to photojournalism with two grants

DUBAI, United Arab Emirates, July 30, 2026/APO Group/ –This September, Canon (https://en.Canon-CNA.com/) will be championing the work of photojournalists for the 37th consecutive year, as part of its decades-long partnership with Visa pour l’Image.

Canon will honour the craft of documentary storytelling during the festival’s Pro Week (31 August – 5 September 2026), held in Perpignan in the south of France, by awarding two independent project grants, bringing together industry experts to encourage meaningful discussions and providing recourses for the professional community at the Canon Lounge.

Canon to recognise outstanding contributions to photojournalism with two grants

For 26 years, Canon and Visa pour l’Image have awarded at times career-defining project grants to female photojournalists pursuing a long-term documentary project, alongside the opportunity to showcase their work on the acclaimed Visa pour l’Image stage.

This year, the international jury has awarded Finnish photojournalist and Canon Ambassador Meeri Koutaniemi, for her 14-year documentation of female genital mutilation (FGM) and the grassroots activists working to end the practice. Spanning 14 countries, the project explores both the impact of FGM and the efforts of survivors and communities driving change from within, culminating in a return to Kenya to examine how activism and education can transform future generations.

Canon and Visa pour l’Image are also presenting the seventh Canon Video Grant to German-Mexican filmmaker Axel Javier Sulzbacher for Antes de ser Niño – Before Being a Child. Set in Michoacán, Mexico, the film follows a youth militia where children receive military-style training amid cartel violence, exploring the tension between protection, militarisation, and childhood through long-term observational filmmaking.

We are proud to support photographers and videographers who devote years to telling stories that can shape understanding and help build a more informed and compassionate world

“Photojournalism has the power to make visible the realities that too often remain unseen. For more than two decades, the Canon Female Photojournalist Grant has supported women whose dedication, courage and empathy bring these stories to light. Meeri Koutaniemi’s work exemplifies the profound role documentary storytellers play in bearing witness, amplifying underrepresented voices, and inspiring meaningful change.

Alongside photography, documentary filmmaking plays a vital role in helping us understand the world and the experiences of people whose stories might otherwise go untold. This year, the Canon Video Grant recognises the remarkable work of Axel Javier Sulzbacher, whose dedicated, long-term approach brings nuance and humanity to a complex and challenging subject,” says Ingrid Masachs, EMEA Marketing Director at Canon.

“We are proud to support photographers and videographers who devote years to telling stories that can shape understanding and help build a more informed and compassionate world.”

Canon to host a Photo Studio

As a special highlight this year, Canon will host a dedicated Photo Studio and offer visitors the opportunity to receive a professional headshot and live demonstration of Canon’s Authenticity Imaging System (https://apo-opa.co/4c8UlT2), which embeds secure, verifiable credentials into images in accordance with the C2PA standard.

Canon support at Visa pour l’Image

The Canon Lounge will showcase the strength of Canon’s complete professional imaging offering, bringing together industry-leading cameras, lenses, professional print technology and software solutions that help protect image authenticity, and the unrivalled expertise of Canon Professional Services (CPS).

Throughout the festival, accredited photographers can benefit from complimentary check-and-clean services, hands-on access to the latest equipment, one-to-one advice from Canon product specialists, and a fine art print of their work. As the only imaging brand offering this full suite of products, software and services support, Canon is uniquely positioned to help professional photographers create, protect, and share their work with confidence.

Distributed by APO Group on behalf of Canon Central and North Africa (CCNA).

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