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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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African Development Bank Partners with Interpol to Combat Financial Crime and Strengthen Anti-Corruption Efforts in Africa

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2 days ago

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February 21, 2025

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African Development Bank

According to Interpol’s 2024 Global Financial Fraud Assessment, business email compromise, romance baiting, phishing, and other online frauds pose growing threats to Africa’s digitalized economy

ABIDJAN, Ivory Coast, February 21, 2025/APO Group/ –The African Development Bank Group (www.AfDB.org) has taken a significant step forward in its fight against corruption and financial crime by signing a Letter of Intent with the International Criminal Police Organization (Interpol) today. The Bank Group is the first multilateral development bank to establish such a collaboration with Interpol.

The Letter of Intent was signed on Wednesday by African Development Bank Group President Dr. Akinwumi Adesina and Interpol Secretary General Valdecy Urquiza, who visited the Bank’s headquarters in Abidjan.

The partnership will enhance collaboration between the Bank’s Office of Integrity and Anti-Corruption (https://apo-opa.co/3QrB4ku) and Interpol’s Financial Crime and Anti-Corruption Centre. It will focus on sharing expertise, enhancing investigative capabilities, and developing preventive measures against emerging financial crime threats, including cybercrime, anti-corruption measures, and counter-terrorism financing.

This initiative comes as Africa faces significant challenges of illicit financial flows, estimated at nearly $90 billion annually—a loss of resources that could otherwise be invested in critical development needs including water, sanitation, health, food, and energy infrastructure.

As an institution that deploys approximately $10 billion annually in development financing, with the majority going to government projects, the African Development Bank Group brings crucial insight into regional financial flows and development challenges, Adesina said.

Corruption and financial crime are among the biggest obstacles to economic and social development in Africa and around the world

“This partnership demonstrates our commitment to protecting development resources and ensuring they reach their intended beneficiaries,” said Adesina. “As the world’s most transparent financial institution for two consecutive editions (https://apo-opa.co/41o3TVt) [according to Publish What You Fund’s assessment of sovereign portfolios], we maintain zero tolerance for corruption and terrorism financing. By joining forces with Interpol, we are strengthening our capacity to help African countries build robust systems against money laundering and financial crime.”

Rapid advancements in digital technology have also led to an increase in internet-enabled financial crimes. According to Interpol’s 2024 Global Financial Fraud Assessment, business email compromise, romance baiting, phishing, and other online frauds pose growing threats to Africa’s digitalized economy.

Secretary General Urquiza, who was elected to his position in November 2024, said, “Corruption and financial crime are among the biggest obstacles to economic and social development in Africa and around the world. The evolving nature of financial crime, particularly in the digital environment, requires strong partnerships between law enforcement and financial institutions. Interpol’s closer relationship with the African Development Bank Group will help law enforcement agencies and financial institutions across Africa tackle increasingly sophisticated financial crime threats.”

Adesina said the Bank will continue to tackle these challenges by:

  • Building capacity and supporting African countries in strengthening transparent and accountable governance and strong institutions capable of driving inclusive and sustainable growth and resilient economies.
  • Strengthening Know Your Customer and Due Diligence systems to prevent and to fight fraud and corruption.
  • Ensure that the Bank’s resources are used for their intended purposes in a transparent and accountable manner, a practice that has led to the Bank being recognized for two consecutive editions as the most transparent multilateral development bank in the world by Publish What You Fund.

The high-level Interpol delegation that accompanied Secretary General Urquiza included Mr. Silvino Schlickmann, Director of Governance and Ms. Paule Ouedraogo, Head of Interpol’s Regional Bureau.

The African Development Bank Group was represented by members of President Adesina’s senior management team including the director of the Office of Integrity and Anti-Corruption, Ms. Paula da Costa.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

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World-leading Crypto Event Launches APAC’s Largest Debut with Consensus Hong Kong 2025

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2 days ago

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February 21, 2025

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Blockchain

Over 350 side events transformed mega digital assets event to mega festivities
HONG KONG SAR – Media OutReach Newswire – 21 February 2025 – Regarded as the “Super Bowl of Blockchain” and “the World Cup of Web3”, Consensus, the most influential and longest-running event of the crypto world, picked Hong Kong as a destination to expand beyond North America, with a record-setting debut of nearly 10,000 from over 100 countries and regions converging at the Hong Kong Convention and Exhibition Centre from 18-20 February.

Phoebe Shing, Director, Business Development Team Lead, MICE • MICE-Business Development of the Hong Kong Tourism Board (HKTB), said, “The tremendous success of Consensus’s Hong Kong debut marked the city as one of the most conducive destinations to expand the global footprint of proven events. More than a world’s meeting place, Hong Kong is also a super-connector in the world of finance, innovation and technology (I&T) and global cultures. This mega crypto event also puts Hong Kong on the forefront of accelerating the region’s advancement, while generating high-yield tourism spending and business activities to fuel Hong Kong’s economy.”

A convergence of who’s who in the world of blockchain, digital assets and web3

Asia’s top financial policymakers, crypto thought-leaders and investors shared the main stage with Mainland and world pioneers in blockchain, digital assets and web3 fields, defining what’s next and mapping the way forward for greater impact. The cast of stellar speakers notably included Richard Teng, CEO of Binance, the largest crypto exchange by trading volume; Adam Back, CEO and co-founder of Blockstream, a global leader in Bitcoin and blockchain technologies; Yat Siu, Co-Founder & Chairman Animoca Brands, a global leader in blockchain and gaming; Hong Fang, President of OKX, a leading Web3 technology company and leading crypto exchange, and many more.

Sara Stratoberdha, CEO of CoinDesk said, “Consensus has been running for over 10 years and is one of the longest-running and comprehensive digital assets events in the world. Hong Kong, a Fintech hub in Asia serves as a global center for crypto and web3 technologies, with favourable policies and a large pool of talent for blockchain, digital assets and web3 to thrive. We are thrilled to see that over 75% of attendees are coming from outside Hong Kong. A truly international event! The city has proven the ideal choice for expanding Consensus beyond North America.”

A strong line-up of over 350 side events, delivering huge commercial value

Consensus Hong Kong 2025 was embellished with more than 350 side events, giving the energetic global crypto community diverse opportunities to showcase their expertise, create and renew partnerships and party to the heart’s content.

Michael Lau, Chairman of Consensus Hong Kong, added, “The scale of the inaugural Hong Kong event has surpassed our expectations, with nearly 10,000 attendees and what truly surprised us is that the community and industry were eager to participate and the fact that we ended up hosting over 350 side events is a strong testament to Hong Kong as a leading global FinTech hub where we have a vibrant ecosystem, entrepreneurial spirits, innovative cultures that nowhere else can replicate. I am also appreciative of the support from the HKTB in securing the event for the city I call home.”

Transforming business events into mega festivals

Consensus Hong Kong also spectacularly transformed a leading business event into a mega festival, kicking off with its Opening Party – Rooftop Revelry, held at Cloud 39, the ultra-luxury rooftop ballroom of iconic landmark in Central The Henderson that set the tone for the event’s sophisticated networking occasions. Action continued all the way to its long-established tradition of Music Festival and Crypto Fight Night, extending to Hong Kong’s unique horse-racing and night party at Lan Kwai Fong. The conference concluded with a bang with the Consensus Closing Party in Lan Kwai Fong, where participants were treated to an open bar, live music and fun networking.

Brad Spies, Vice President of Consensus, said, “Hong Kong has a long legacy of finance, banking and some of the deepest capital markets in the world; but it’s also such a vibrant and diverse city with the best restaurants, fantastic venues and unique experiences. The city simply fulfilled the promises of delivering the best of business and fun. Hong Kong is such a world-class city for people to come and transform business events into mega festivals.”

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Saudi Arabia Expands Energy Ties with Africa: A Look at Key Investments, Partnerships

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February 21, 2025

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Following Saudi Arabia’s latest energy efficiency cooperation agreement with Egypt, the African Energy Week: Invest in African Energies 2025 conference will provide a vital platform to accelerate partnerships and secure new deals between Saudi Arabia and African countries

CAPE TOWN, South Africa, February 21, 2025/APO Group/ –Earlier this week, Egypt’s Minister of Petroleum and Mineral Resources Karim Badawi and Saudi Arabia’s Minister of Energy Abdulaziz bin Salman Al Saud signed an agreement to develop an executive plan for energy efficiency cooperation, strengthening bilateral ties in the energy sector and fostering sustainable development. This follows another significant development in September, in which Egyptian Prime Minister Mostafa Madbouly secured a $5 billion pledge from Saudi Arabia’s PIF, representing the “first phase” of a larger investment strategy.

As a leading global energy giant, Saudi Arabia has been actively investing in Africa’s energy sector, aiming to expand its energy reserves, advance energy diplomacy and compete with other global superpowers. This strategic push not only strengthens Saudi Arabia’s influence in the region, but also paves the way for deeper economic and political ties with African nations.

To date, the lion’s share of investment in Africa’s energy sector has focused on clean energy advancements. With total project costs reaching $7 billion across the continent, Saudi developer ACWA Power stands as the leading private-sector investor in African renewable energy. In October 2024, the company announced that its Redstone solar plant in South Africa was set to achieve its full 100 MW capacity, while its Kom Ombo solar PV plant in Egypt successfully reached its full capacity of 200 MW. ACWA Power is also leading Project DAO, South Africa’s largest hybrid renewable power plant, with an $800 million investment. The project is expected to come online by 2026 and aligns with the Kingdom’s broader Vision 2030 goals.

In addition to renewable energy, Saudi Arabia is diversifying its investments to secure critical minerals for clean energy technologies. In October, Saudi Arabia’s Manara Minerals, a joint venture between Ma’aden and the Public Investment Fund (PIF), entered advanced talks to acquire a minority stake in First Quantum Minerals’ Zambian copper and nickel assets. The potential investment, valued between $1.5 billion and $2 billion, underscores Saudi Arabia’s strategy to secure critical minerals that are vital for the global clean energy transition.

Turning to broader regional commitments, Saudi Arabia’s financial support for Africa’s energy infrastructure has grown. In October, the Kingdom announced a major funding initiative, pledging at least $41 billion for sub-Saharan African nations. This includes $1 billion for development, $5 billion for startups, $10 billion in financing from the Saudi Export-Import Bank and $25 billion in private sector investments over the next decade.

Meanwhile, the Saudi Ministry of Energy has established the “Empowering Africa” initiative as part of its broader commitment to supporting sustainable development across the continent. In collaboration with the Ministries of Communications and Information Technology and Health, the initiative aims to deliver clean energy, connectivity, e-health and e-learning solutions to enhance lives and promote long-term growth in Africa. Building upon the Clean Fuel Solutions for Cooking Program, it focuses on providing cleaner cooking solutions to vulnerable populations, aiming to reduce reliance on traditional biomass fuels and improve health outcomes for millions of households. Minister bin Salman Al Saud has emphasized energy as a fundamental human right and is spearheading efforts to improve access to clean cooking technologies across the continent.

Additionally, state-owned petroleum company Saudi Aramco is strengthening its partnerships with African nations to support energy investments and mobilization. These collaborations are expected to drive infrastructure development, enhance oil and gas production capacity and facilitate knowledge transfer between Saudi and African energy stakeholders, while aligning with broader energy security and sustainability goals.

In the multilateral arena, the African Energy Chamber is working with Saudi Arabia to support South Africa’s G20 energy investments and mobilization. This partnership is set to facilitate greater financing and policy coordination, ensuring Africa’s energy priorities are well-represented in global energy discussions. The upcoming African Energy Week: Invest in African Energies conference in Cape Town serves as a key platform to facilitate and support these investments, bringing together Saudi stakeholders, African governments and global energy leaders to advance new projects, strengthen partnerships and accelerate the continent’s energy transition. These collaborations are essential in addressing energy challenges, driving economic growth and fostering long-term sustainability. As Saudi investments expand – alongside those of other G20 nations – their impact on Africa’s energy landscape will only deepen.

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event. 

Distributed by APO Group on behalf of African Energy Chamber.

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