Connect with us
Anglostratits

Business

GITEX Africa 2024 – OVHcloud partners with Maroc Datacenter to fulfill its development ambitions in Africa with the opening of its first Local Zone in Morocco

Published

on

OVHcloud

The new Local Zone in Rabat offers Moroccan customers new opportunities to access the Group’s Public Cloud services, with reduced latency and local data hosting

ROUBAIX, France, May 30, 2024/APO Group/ — 

OVHcloud (www.OVHCloud.com/fr/), the European leader in cloud computing, will be taking part in GITEX AFRICA Morocco 2024 (www.GITEXAFRICA.com) in Marrakech. On this occasion, the Group is announcing the first opening of a Local Zone on the African continent, with operations scheduled to begin in Rabat in the coming months. This news demonstrates OVHcloud’s commitment in Africa to offer trusted cloud solutions.

Launch in Morocco: a key step in the deployment strategy of Local Zone in Africa

The announcement was made official with the signature of a partnership between Maroc Datacenter, a specialist in the construction and operation of data centers in Morocco, and OVHcloud. This strong partnership will also see Maroc Datacenter support OVHcloud to tailor its offerings on the Moroccan market. In addition, OVHcloud announces further deployments, including the opening of Local Zones in South Africa, Kenya and Tunisia for 2025.

“We are delighted to enter a partnership with OVHcloud Group, a global player and the European leader in the cloud. The launch of a Local Zone in Morocco will contribute to empower the kingdom digital ecosystem by offering innovative cloud platforms and provide public and private organisations with cloud services offering guarantees of data sovereignty and low latency. We are glad OVHcloud has chosen Morocco as the first country on the African continent to launch the Local Zone and has placed its trust in Maroc Datacenter. We would like to thank Orange Morocco for supporting us in this launch by providing its national and international connectivity capabilities.” says Abderrahmane Mounir, Chairman of Maroc Datacenter.

As part of its global growth plan in the Cloud market, OVHcloud aims to open up to 150 Local Zones by 2026. Based on innovative technology, Local Zones enable the Group to deploy infrastructures as close as possible to its customers, using Edge Computing principles, to serve new international locations in just a couple weeks. In addition to the Local Zones previously opened in Brussels, Madrid, Marseille, Prague, Amsterdam, Zurich and Dallas, the new Local Zone in Rabat offers Moroccan customers new opportunities to access the Group’s Public Cloud services, with reduced latency and local data hosting.

Thanks to this, Moroccan customers will benefit from the unique offering of OHVcloud for an open, trusted cloud, with data located as close as possible to the user. The data, hosted within the geographical limits defined by local regulations or security policies, allows customers to be confident: which proves essential for a number of industries, including consulting, financial services and healthcare.

From now on, companies and institutions will be able to take advantage of the Local Zones to rely on more secure, faster and more efficient services

Workloads with latency-sensitive services, such as real-time analytics, e-commerce websites, CDNs for streaming video and catch-up, and cloud gaming, will benefit from the Local Zone proximity for increased response times for a better user experience. For most customers, OVHcloud Local Zones offer single-digit millisecond latency times, enabling use cases such as high-performance gaming from the Cloud with very low latency.

Today’s launch of the first Local Zone in Rabat is an important milestone in OVHcloud’s relationship with Morocco and confirms the Group’s ambition to extend its offering to organisations operating in Africa. From now on, companies and institutions will be able to take advantage of the Local Zones to rely on more secure, faster and more efficient services, facilitating the digital transformation of the Moroccan ecosystem before moving on to serve new locations on the continent. Known as one of the main technology hubs in Africa, Morocco is a strategic market for us, with specific features needs and high requirements, particularly in terms of data sovereignty.’, said Caroline Comet-Fraigneau, Vice-President for France, Benelux, Africa and the Middle East at OVHcloud.

From the Local Zones, organisations can take advantage of Public Cloud features such as Compute, Block Storage and the network with a local public IP. Additional services will be offered in the coming months, including access to Object Storage and Managed Rancher Service for Kubernetes management, in multi-cloud environments.

OVHcloud’s new Local Zones are also ISO/IEC 27001 certified, in addition to the requirements of ISO/IEC 27017 standards, specific to the cloud services industry and ISO/IEC 27018 for the protection of personal data. These certifications ensure that businesses can deploy services in an OVHcloud environment to meet the highest security standards.

A dynamic community of customers and start-ups

With more than 6,000 customers already in Morocco, OVHcloud is strengthening its ties with the local ecosystem. The Group is also demonstrating its intention to accelerate its support to Moroccan start-ups (several dozen of which, such as Omniup and Digishare, are already part of the OVHcloud network- Startup.OVHCloud.com/). As a reminder, the OVHcloud Startup Program offers its members a wide range of commitments, including development advice, tailored technical support and no-obligation cloud credits to help them launch new projects and accelerate go-to-market timeline.

Availability

Available this summer, the Rabat Local Zone will enable Public Cloud services to be deployed directly from the OVHcloud customer interface.

Distributed by APO Group on behalf of GITEX Africa.

Energy

U.S.-Africa Energy & Minerals Forum Expands to Critical Minerals and Supply Chain Security

Published

on

Africa

This year’s U.S.-Africa Energy & Minerals Forum in Houston signals a strategic shift toward integrated energy and critical minerals investment, strengthening U.S. partnerships across Africa’s resource and industrial value chains

HOUSTON, United States of America, February 26, 2026/APO Group/ –The U.S.-Africa Energy & Minerals Forum (USAEMF) has relaunched with a dedicated focus on critical minerals, marking an important evolution in its role as a platform for U.S.-Africa commercial engagement. Building on its foundation in energy, power and industrial projects, the forum’s expanded scope positions it at the center of investment conversations shaping the future energy economy.

 

Scheduled for July 21–22, 2026, in Houston, Texas, USAEMF comes at a time of surging global demand for copper, cobalt, lithium, manganese and rare earth elements, driven by electrification, battery storage, AI infrastructure and advanced manufacturing. Africa is increasingly critical to securing these materials, highlighting how energy and minerals are now interconnected pillars of industrial growth, geopolitical stability and decarbonization.

The forum’s minerals mandate deepens engagement with African producers – particularly the Democratic Republic of Congo (DRC), home to some of the world’s largest copper and cobalt reserves. Momentum is building through the U.S.–DRC strategic minerals framework and the U.S.-backed Orion Critical Mineral Consortium, a major investment platform supported by the DFC and private partners. The consortium is pursuing a 40% stake in the Mutanda and Kamoto copper-cobalt operations in a $9 billion transaction, securing long-term supply for allied markets while reinforcing cooperation on infrastructure, security and supply-chain governance.

Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties

U.S. financing is also expanding across the region, with the DFC managing a continental portfolio exceeding $13 billion to support mining, processing and transport infrastructure for critical mineral supply chains. Recent commitments include rare earth, graphite and potash projects in Malawi, Mozambique and Gabon; broader investments in Uganda, Tanzania, Zambia and South Africa; and $553 million linked to the development of the Lobito Corridor. The DFC is also a major backer of TechMet, a U.S.-supported investment firm valued at over $1 billion, which is raising up to $200 million to expand copper, cobalt, lithium and rare earth assets and pursue new opportunities across the DRC and Zambia. Together, these initiatives underscore Washington’s push to diversify battery-mineral supply while positioning Africa as a long-term partner in clean energy and industrial value chains.

Houston’s role as host city reflects the alignment between American industrial capacity and African resource development. Long established as a global energy hub, the city is expanding into energy transition technologies, advanced materials, carbon management and industrial innovation. By convening African governments with U.S. private equity, development finance institutions, exporters, insurers and technical service providers, the forum creates a commercial platform capable of converting mineral potential into bankable projects.

“The evolution from USAEF to USAEMF reflects a broader shift toward integrated energy and mineral development,” states Nadine Levin, Portfolio Director at Energy Capital & Power, forum organizers. “Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties and advances projects that deliver long-term shared value.”

While critical minerals define the forum’s strategic expansion, the U.S.’ longstanding role in Africa’s energy sector remains central to the platform’s value proposition. American energy companies continue to advance exploration and development across key upstream markets, support gas monetization in the Gulf of Guinea and revitalize mature production in North Africa. U.S. export credit and development finance are also helping unlock large-scale LNG capacity in Mozambique while supporting optimization and expansion across existing gas infrastructure in West Africa – demonstrating how American capital, engineering expertise and risk-mitigation tools convert resource potential into delivered energy systems.

USAEMF is the leading platform connecting U.S. capital and technical expertise with Africa’s energy and minerals sectors. For more information or to participate at the upcoming forum, please contact sales@energycapitalpower.com

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

Continue Reading

Business

Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

Published

on

Pesalink

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders

NAIROBI, Kenya, February 26, 2026/APO Group/ —

  • Instant 24/7 bank-to-bank transfers across African borders in local currencies.
  • Simpler cross-border payments for individuals, businesses, and SMEs.
  • 80 plus Pesalink network participants now linked to 160 plus PAPSS participating banks.

 

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration.

 

The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This reduces complex correspondent banking requirements and reliance on foreign reserve currencies.

 

Kenyan banks will now be able to offer faster, cheaper cross-border payments

PAPSS, an initiative of the African Export-Import Bank (Afreximbank) in collaboration with the African Union and the AfCFTA Secretariat, enables cross-border payments between African countries. Pesalink is now a Technical Connectivity Provider. It means that 80 plus Kenyan bank, fintech, SACCO and telco participants on the Pesalink network will be connected to 160 plus commercial banks and fintechs on the PAPSS platform.

 

Cross-border payments remain expensive and slow for many African businesses. The 2023 (http://apo-opa.co/4baDSh7) World Bank Remittance Prices report indicates that sending money across African borders incurs on average 7-8% of the total value sent (above the global average of 6–7%). Settlement can also take three to seven business days.

 

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders.

 

Speaking during the partnership signing held at Pesalink offices in Nairobi, PAPSS CEO Mike Ogbalu III said, “For PAPSS to deliver true impact, collaboration with national and private switches like Pesalink is essential. Pesalink is the first switch we’ve piloted for transaction termination in Kenya, and we are already seeing greater adoption by opening more channels for seamless, local-currency cross-border payments across Africa.”

 

Pesalink CEO, Gituku Kirika, said “Kenyan banks will now be able to offer faster, cheaper cross-border payments. They will be helping their customers grow more regional trading relationships and thrive in a more integrated digital economy.”

Distributed by APO Group on behalf of Afreximbank.

Continue Reading

Events

Africa Trade Conference Returns to Cape Town with Esteemed Speakers Driving Africa’s Trade Agenda

Published

on

Africa

Second edition convenes global policymakers, business leaders, and innovators to accelerate Africa’s integration into global trade

CAPE TOWN, South Africa, February 26, 2026/APO Group/ –Access Bank Plc (www.AccessBankPLC.com) is proud to announce the distinguished line-up of speakers for the second edition of the Africa Trade Conference (ATC 2026), scheduled to take place on March 11, 2026, at the Cape Town International Convention Centre, Cape Town, South Africa. Building on the strong foundation of its inaugural edition, ATC 2026 will convene an exceptional assembly of global and African leaders, policymakers, investors, and business executives committed to shaping the future of trade on the continent.

The Africa Trade Conference has rapidly emerged as a premier platform for advancing dialogue and action around Africa’s evolving role in global commerce. The 2026 edition will feature influential voices from across finance, government, development institutions, and the private sector, who will share insights on unlocking trade opportunities, strengthening intra-African commerce, enabling business expansion, and positioning African enterprises for global competitiveness.

The confirmed speakers represent a powerful cross-section of leaders driving Africa’s economic transformation.

Building on the momentum of its maiden edition, which convened senior decision-makers from 28 countries, the 2026 conference with the theme “Turning Vision into Velocity: Building Africa’s Trade Ecosystem for Real-World Impact”, will have the keynote address delivered by Kennedy Mbekeani, Director General, Southern Africa Region, African Development Bank (AfDB), alongside Kwabena Ayirebi, Managing Director, Banking Operations at the African Export-Import Bank. Their joint keynote will address the evolving financing landscape for African trade and the strategic pathways for unlocking continental prosperity.

The welcome address will be delivered by Roosevelt Ogbonna, CEO/GMD, Access Bank Plc, who will set the tone for discussions centered on trade transformation, financial inclusion, and regional competitiveness, while Tolu Oyekan, Managing Director & Partner at Boston Consulting Group, will deliver insights on “Africa Trade Outlook 2026”, examining emerging macroeconomic trends, supply chain shifts, and growth opportunities across key sectors.  The CEO of Pan-African Payment and Settlement System, Mike Ogbalu, will be engaging the conference participants on the topic, “Building a Connected Africa Through Trade, Payments & Technology”, focusing on how payment interoperability and digital infrastructure can accelerate the African Continental Free Trade Area (AfCFTA) agenda.

The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us

The conference will also host a High-Level Ministerial Panel that features Elizabeth Ofosu-Adjare, the Minister for Trade, Agribusiness & Industry, Ghana; Tiroeaone Ntsima, Minister of Trade and Entrepreneurship, Botswana; Mr. Florian Witt, Divisional Head, International & Corporate Banking Oddo-BHF, Ms. Nathalie Louat – Global Director, International Finance Corporation (IFC), Dr Isaiah Rathumba – Head of Department, Limpopo Economic Development, Environment and Tourism and Mr. Alfred Idialu – Chief Rep Officer, Deutsche Bank among other policymakers shaping trade policy across the continent.

Commenting on the announcement, Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank Plc, said:
“The Africa Trade Conference reflects our unwavering commitment to advancing Africa’s economic transformation by creating a platform that brings together the leaders, institutions, and ideas shaping the future of trade. The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us. Africa is not only participating in global trade, it is helping to redefine it. Through this convening, we aim to catalyse partnerships, unlock new opportunities for businesses, and accelerate Africa’s integration into global value chains.”

“At Access Bank, we see ourselves not just as financiers, but as connectors of markets, ideas, and opportunities. Our role is to help African businesses move from ambition to impact, from local relevance to global competitiveness.”

With operations in 24 countries globally, including 16 across Africa, Access Bank’s expansive footprint places it in a unique position to facilitate cross-border trade, unlock regional value chains, and simplify the complexities of doing business across markets.

“Our presence across Africa and key global corridors gives us a front-row seat to the realities of trade. It also gives us the responsibility to design solutions that are inclusive, scalable, and future facing. ATC 2026 is part of that commitment, Ogbonna added.

ATC 2026 is expected to catalyze partnerships, enable policy dialogue, and provide actionable strategies for businesses operating within and beyond the continent.

The Access Bank Chief puts it thus, “Africa will not be a spectator in the remaking of global trade. We will be one of its architects. ATC 2026 is where those blueprints will be drawn.”

For more information and registration, please visit https://apo-opa.co/4sdXWF7

Distributed by APO Group on behalf of Access Bank PLC.

 

Continue Reading

Trending