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GITEX Africa returns in 2024 with strong line-up of tech topics, set to fast-track continent’s future digital economy

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GITEX Africa

International tech companies ramp up partnerships with GITEX Africa to secure competitive advantage in the burgeoning African digital valley

DUBAI, United Arab Emirates, March 13, 2024/APO Group/ — 

GITEX Africa (www.GITEXAfrica.com), the continent’s largest and most influential tech and start-up event is on high momentum to welcome the year’s biggest tech conversations and collaborative ventures in Marrakech, Morocco.

Under the High Patronage of His Majesty King Mohammed VI of the Kingdom of Morocco, the 2nd edition of GITEX Africa will take place from 29-31 May 2024, under the authority of the Moroccan Ministry of Digital Transition and Administration Reform and hosted by the Digital Development Agency (ADD).

The 2nd blockbuster edition follows its pioneering debut in 2023, rated by the attending tech community as the world’s best tech launch event. The intense global interest in exploring diverse tech themes is now powering GITEX Africa’s growth, fuelling momentum in a maturing digital ecosystem while turbocharging a big tech rush into one of the world’s most exciting and dynamic markets. 

GITEX Africa 2024 shall welcome thousands of attendees from across the continent for large scale discourse and future-focused collaborations, while accelerating tech’s massive advances across diverse industries, from cloud and IOT, cybersecurity, digital health, and future finance, to consumer tech, telecoms, and the great hype of artificial intelligence.

H.E. Dr Ghita Mezzour, the Moroccan Minister of Digital Transition and Administration Reform, met with organisers in Morocco recently as plans ramp up for the development of an expanded purpose-built venue to accommodate the surge in global exhibitor demand.

“The success of the 1st edition of GITEX Africa Morocco highlights our continent’s enthusiastic embrace of the digital revolution and Morocco’s commitment to strengthen South-South cooperation in the digital field, as well as its contribution to the international promotion of the African continent in accordance with the High Royal Vision of His Majesty King Mohammed VI, may God assist Him.” said H.E. Dr Mezzour.

“Our ambitions are growing as we look ahead to the 2nd edition in the beautiful city of Marrakech. We’re excited about making GITEX Africa Morocco even more remarkable and look forward to hosting a diverse and impactful African and international tech presence.”

Mr. Mohammed Drissi Melyani, the General Director of ADD, added: “The Kingdom of Morocco successfully hosted the first edition of GITEX Africa Morocco in 2023, which showcased Africa as an emergent continent in the digital economy. The 2nd edition in 2024 is another opportunity to enhance and support Africa’s digital transformation progress and boost the competitiveness of the continent’s digital ecosystems.”

World Future Health Africa debut accelerates continent’s digital health revolution

GITEX Africa is organised by KAOUN International, the overseas affiliate of Dubai World Trade Centre (DWTC), which organises GITEX GLOBAL in the UAE, the world’s largest and most trusted tech and start-up event. The expansion of Africa’s powerhouse tech showcase is amplified by the debut of the co-located World Future Health Africa, accelerating the continent’s ascending tech-fuelled digital health revolution.

World Future Health Africa is held under the auspices of the Moroccan Ministry of Digital Transition and Public Administration Reform, the Moroccan Ministry of Health and Social Protection, and the Digital Development Agency.

Trixie LohMirmand, CEO of KAOUN International, organiser of GITEX Africa and World Future Health Africa, said: “This sequel of GITEX Africa this year follows the upbeat trend of tech discovery we created last year in its inaugural edition.

“The global community is experiencing the growing energy, curiosity and demand for digital advancement from Africa which is outpacing that of matured developed continents. The depth and breadth of tech showcase, including the much-hyped AI in society and business at GITEX Africa shall be an eye-opening experience fostering great knowledge sharing and collaboration opportunities between the public and private sectors, and amongst businesses across the world.”

Tech titans return intensifying cross-continental tech tussle

The 2nd edition of GITEX Africa will welcome returning exhibitors following their hugely successful participation at the show’s momentous debut in 2023. Multinational majors including Epson, Honeywell, Kaspersky, and Lexar are among those back for a second round of future-focused collaborations reviving a tech-enabled African investment race.

Neil Colquhoun, Vice President of Epson Europe and the Middle East, said: “Epson is delighted to announce its participation for the second consecutive year at GITEX Africa 2024. Epson’s technology offering will focus primarily on a range of sustainable, energy-efficient solutions and products that address the pressing concerns of many industrial sectors, as well as small and medium-sized enterprises in the region.”

UAE-headquartered Presight, the Middle East’s leading big data analytics company powered by generative AI, and part of G42, a global leader in creating visionary AI, will also return: “Africa has been our focus; it’s the newly emerging continent for the digital workforce and digital transformation,” said Thomas Pramotedham, CEO of Presight.

“Presight has multiple digital transformation programmes with several African governments, and in 2024, we aim to contribute even more to the continent’s thriving tech ecosystem. Our goal is to make a positive societal impact using our big data analytics capabilities powered by generative AI. With GITEX Africa playing a key role, we’re excited to be part of discussions shaping the continent’s digital transformation journey.”

Bertrand Trastour, General Manager, France and North, Central and West Africa of global leading Cybersecurity company, Kaspersky, added: “GITEX Africa is a very important platform for Kaspersky as it allows us to inform our customers and partners about our growth strategy and potential.

“Digitalisation is a high priority in African markets, and cybersecurity is the foundation for this successful transformation. Kaspersky provides the most comprehensive cybersecurity for the growth of our customers’ businesses, regardless of their sector, scenario or assets.”

Moroccan trailblazers spotlight ground-breaking innovations

Moroccan headliners advancing tech and innovation across the region are also returning to GITEX Africa 2024, including Maroc Data Centre, Zen Networks, Dataprotect, and Mohammed VI Polytechnic University (UM6P), the show’s official R&D partner.

“UM6P transcends the traditional boundaries of R&D, embodying a powerhouse of innovation and entrepreneurship for Africa and beyond,” said Yassine Laghzioui, CEO of UM6P Ventures and Director of Entrepreneurship and Venturing at UM6P.

“We are excited to elevate our role at GITEX Africa, not merely as a leading R&D collaborator but as a beacon of innovation. Our partnership with GITEX Africa underscores our dedication to driving progress in science, technology, and investment realms.

Added Laghzioui: “We aim to nurture and scale DeepTech ventures across Africa through our targeted entrepreneurship and venturing programs, moving beyond Morocco’s borders. GITEX Africa offers an unparalleled opportunity for UM6P to forge strategic partnerships, showcasing our ground-breaking initiatives in diverse sectors such as HealthTech, BioTech, AgriTech, and GreenTech. These efforts stem from UM6P’s innovation labs and from our extended ecosystem, poised to tackle the continent’s pressing challenges.”

Regional start-up, VC investment surge on high revs at North Star Africa

GITEX Africa 2024 will feature an elevated North Star Africa start-up showcase, converging the largest curation of award-winning start-ups and scale-ups ever seen in the African continent. The most ambitious and forward-thinking entrepreneurs and founders will collaborate with African and global accelerators and investors to scale business opportunity in a region that is tipped to raise US$10 billion in VC funds by 2025.

North Star Africa is extending its far-reaching footprint to all ends of the world’s second largest continent and beyond, spurring investors to seek out and uplift the next potential unicorns solving Africa’s biggest challenges.

There’ll be more awards too, with globe-trotting innovative companies battling for start-up supremacy at the Supernova Challenge, Africa’s most coveted and valuable start-up pitch competition, with a prize pool of US$100,000 up for grabs across six categories. 

More information is available at www.GITEXAfrica.com.

Distributed by APO Group on behalf of GITEX Africa.

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Genesis Energy Chief Executive Officer (CEO) to Discuss Energy Expansion at Congo Energy & Investment Forum

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January 20, 2025

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Genesis Energy

Akinwole Omoboriowo II will discuss Genesis Energy’s plan to deliver 10.5 GW of power across Africa, highlighting how Nigeria’s power sector experience can inform the development of the Republic of Congo’s domestic energy grid and gas export potential

BRAZZAVILLE, Republic of the Congo, January 20, 2025/APO Group/ — 

Akinwole Omoboriowo II, CEO of Genesis Energy, will speak at the Congo Energy & Investment Forum (CEIF) in Brazzaville this March, where he will discuss the company’s plans to deliver 10.5 GW of power across Africa, with a focus on energy initiatives that align with the Republic of Congo’s energy development goals.

Genesis Energy is driving transformational power projects, including providing 334MW to the Port Harcourt Refinery in Nigeria and plans to produce 1 GW within the WAEMU region. In October 2024, Genesis and BPA Komani announced their strategic partnership to mobilize capital and facilitate critical infrastructure projects focused on renewable energy, particularly Battery Energy Storage Systems across Africa. Additionally, Genesis’ recent MOU with the U.S. Agency for International Development will mobilize $10 billion for green energy and renewable projects, supporting Africa’s transition to a sustainable energy future.

The inaugural Congo Economic and Investment Forum, set for March 25-26, 2025 in Brazzaville, will bring together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. The event will explore the latest gas-to-power projects and provide updates on ongoing expansions across the country.

During CEIF 2025, Omoboriowo will explore how Genesis’ successful energy infrastructure development projects in Africa, combined with private sector innovation, can guide the Republic of Congo in strengthening its energy security and achieving its decarbonization goals. By leveraging its expertise in clean energy and strategic partnerships, Genesis Energy is poised to play a key role in helping the Republic of Congo harness its energy potential and expand its regional energy influence.

The Republic of Congo’s renewable energy sector is in a phase of growth, with increasing interest in solar, hydro and wind energy projects. Battery energy storage capacities are also gaining traction as a vital component of the country’s energy infrastructure, helping to balance supply and demand. The government is focusing on diversifying its energy mix to reduce dependency on fossil fuels and enhance grid reliability. Looking ahead, the Congo aims to expand its renewable energy capacity and integrate storage solutions to meet growing domestic and regional energy needs while supporting environmental sustainability.

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

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Eni, TotalEnergies Announce New Exploration Projects in Libya

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10 hours ago

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January 20, 2025

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National Oil Corporation

Eni is launching three exploration plays, TotalEnergies is expecting promising results from its recent onshore exploration project, and other developments were shared during an upstream IOC-led panel at the Libya Energy & Economic Summit

TRIPOLI, Libya, January 19, 2025/APO Group/ — 

Libya’s National Oil Corporation (NOC) and international energy companies TotalEnergies, Eni, OMV, Repsol and Nabors outlined key exploration milestones and strategies to advance oil and gas production in Libya at the Libya Energy & Economic Summit 2025 on January 18.

Among the key developments highlighted were TotalEnergies’ recent onshore exploration project and promising exploration opportunities in the Sirte and Murzuq basins.

“With 40% of Africa’s reserves, Libya remains largely untapped,” said Julien Pouget, Senior Vice President for the Middle East and North Africa at TotalEnergies. Pouget shared TotalEnergies’ plans for 2025, including the completion of an onshore exploration project and new exploration in the Waha and Sharara fields. “We expect results next week,” he added.

Luca Vignati, Upstream Director at Eni, echoed optimism for Libya’s potential and outlined the company’s ongoing investment initiatives in the country. “We are launching three exploration plays – shallow, deepwater and ultra-deep offshore. No other country offers such opportunities,” Vignati stated. He also highlighted the company’s investments in gas projects, including over $10 billion for the Greenstream gas pipeline and a CO2 capture and storage plant in Mellitah.

Repsol affirmed its commitment to advancing exploration in Libya, focusing on overcoming industry challenges and achieving significant production milestones.

We have 48 billion barrels of discovered but unexploited oil, with total potential estimated at 90 billion barrels, especially offshore

“Over the past decade, Libya has made remarkable efforts to fight natural field decline and encourage exploration,” said Francisco Gea, Executive Managing Director, Exploration & Production at Repsol. “We have reached 340,000 barrels per day. The two million target is within reach, and as international companies, we have the responsibility to bring capacity and technology.”

“Innovation is key to maximizing production and accelerating exploration. By deploying cutting-edge solutions, Nabors can enhance efficiency, reduce costs and ensure safer operations,” added Travis Purvis, Senior Vice President of Global Drilling Operations at Nabors.

Bashir Garea, Technical Advisor to the Chairman of the NOC, highlighted the country’s immense oil and gas potential. “We have 48 billion barrels of discovered but unexploited oil, with total potential estimated at 90 billion barrels, especially offshore,” he said. He also pointed to Libya’s sizable gas reserves, noting, “Libya has 122 trillion cubic feet of gas yet to be developed. To unlock this potential, we need more investors and new technology, particularly for brownfield revitalization.”

“Our strategy spans the entire value chain. Strengthening infrastructure is essential to maximizing production and efficiency,” said Hisham Najah, General Manager of the NOC’s Investment & Owners Committees Department.

NJ Ayuk, Executive Chairman of the African Energy Chamber and session moderator, underlined Libya as a prime destination for foreign investment: “Libya is at the cusp of a new energy era. The time for bold investments and strategic partnerships is now.”

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

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Libya’s Oil Minister: Brownfields, Local Investment Key to 2M Barrels Per Day (BPD) Production

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January 20, 2025

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Libya’s Oil & Gas Minister outlined plans to boost production to 1.6 million bpd in 2025 and 2 million bpd long-term, with brownfield development and local investment at the core, during the Libya Energy & Economic Summit

TRIPOLI, Libya, January 19, 2025/APO Group/ — 

Libya is setting its sights on boosting oil production to 2 million barrels per day (bpd) within the next two to three years, with brownfield development and local investment identified as critical drivers of this growth. Speaking at the Libya Energy & Economic Summit (LEES) in Tripoli on Saturday, Minister of Oil and Gas Dr. Khalifa Abdulsadek outlined the country’s strategy to reach 1.6 million bpd by year-end and laid the groundwork for longer-term growth.

“There are massive opportunities here, massive fields that have been discovered, but a lot of fields have fallen between the cracks,” stated Minister Abdulsadek during the Ministerial Panel, Global Energy Alliance – Uniting for a Secure and Sustainable Energy Future. “We want to make sure local oil companies take part. We also want to leverage the upcoming licensing round to support our planned growth in the oil sector.”

The minister’s remarks were complemented by a strong call for international participation in Libya’s upcoming licensing round, signaling the government’s commitment to fostering collaboration and maximizing the potential of its energy sector.

Highlighting Libya’s vast natural gas potential – with reserves of 1.5 trillion cubic meters – Mohamed Hamel, Secretary General of the Gas Exporting Countries Forum, stressed the need for enhanced investment in gas projects. He pointed to ongoing initiatives like the $600 million El Sharara refinery as opportunities to stimulate economic diversification.

There are massive opportunities here, massive fields that have been discovered, but a lot of fields have fallen between the cracks

“Natural gas is available,” Hamel stated, adding, “It is the greenest of hydrocarbons and we see natural gas continuing to grow until 2050.”

The panel also tackled the global energy transition, emphasizing Africa’s unique challenges and the need for the continent to harness its resources to achieve energy security. Dr. Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers Organization (APPO), underscored the critical need for finance, technology and reliable markets to drive progress.

“At APPO, we have noted three specific challenges for the African continent. Finance, technology and reliable markets,” he stated, questioning whether Africa can continue to depend on external forces to develop its resources.

As one of Africa’s top oil producers, Libya holds an estimated 48 billion barrels of proven oil reserves. The country’s efforts to expand production, attract investment and drive innovation are central to the discussions at LEES 2025. Endorsed by the Ministry of Oil and Gas and National Oil Corporation, the summit has established itself as the leading platform for driving Libya’s energy transformation and exploring its impact on global markets.

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

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