Connect with us
Anglostratits

Business

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

Published

on

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.

Business

Hainan FTP marks 6-month milestone of special customs operations, signs deals during Hong Kong visit

Published

on

Hong Kong

HONG KONG SAR – Media OutReach Newswire – 29 June 2026 – As the Hainan Free Trade Port (FTP) marked the six-month milestone since the launch of its full special customs operations, a Hainan provincial delegation wrapped up a three-day visit to Hong Kong. During the visit, the delegation signed deepened cooperation agreements with several major local chambers of commerce and promoted the latest policies introduced since the island-wide special customs operations took effect.

According to data released by Hainan Province during the visit, Hainan’s foreign trade has surged since the launch of special customs operations. As of June 17, the province’s total goods imports and exports reached RMB 173.98 billion (approximately US$24 billion), up 54.6% year on year. Imports of zero-tariff goods hit RMB 2.645 billion, a 120% jump that generated tariff savings of RMB 440 million. A total of 172,100 new market entities were registered—a 61% increase—including 1,240 foreign-invested enterprises. Zero-tariff items now account for 74% of all tariff lines, benefiting more than 12,000 market entities.

During the Hong Kong visit, China Council for the Promotion of International Trade Hainan Provincial Committee (CCPIT Hainan) signed separate deepened cooperation MOUs with the Chinese General Chamber of Commerce, Hong Kong and the Hong Kong General Chamber of Commerce. Under the MOUs, the parties will establish a regular liaison mechanism for the periodic exchange of economic and trade information, and will promote collaboration in areas including professional services, green finance, the digital economy, supply chain management, and cultural tourism. Mutual enterprise service desks will be set up to provide consulting services regarding policies and projects. The parties will leverage their complementary strengths to help Chinese mainland enterprises access overseas markets via Hong Kong, while facilitating Hong Kong companies’ entry into the Chinese mainland through Hainan.

The delegation also held talks with the British Chamber of Commerce in Hong Kong and the American Chamber of Commerce in Hong Kong, exploring ways for British and American businesses to leverage Hainan’s value-added processing tariff exemptions and multifunctional free trade accounts to position themselves in regional supply chains and cross-border investment and financing. HSBC, De Beers, and other British firms are already active in Hainan, and the UK served as the Guest of Honor country at the 2025 China International Consumer Products Expo.

According to industry analysts, amid the shifting international trade landscape, Hainan is leveraging Hong Kong’s “super-connector” role to accelerate its integration with global capital and business networks, while simultaneously offering the Hong Kong business community a policy testing ground for entering the Chinese mainland market.

Continue Reading

Business

Africa’s Grid Constraints Come into Focus as Regional Markets Push Toward Integration

Published

on

Africa

Regional power pools are advancing and renewable pipelines are growing, but the regulatory and financial architecture needed to connect them remains the continent’s most critical infrastructure gap – an issue central to the Power Africa Today conference at AEW 2026

CAPE TOWN, South Africa, June 25, 2026/APO Group/ –Africa’s electricity demand is projected to nearly double to 2,291 TWh by 2050, requiring an estimated $30 billion in transmission and grid infrastructure investment to unlock and integrate new generation capacity. Yet across the continent, grid systems are struggling to keep pace with rapidly expanding supply pipelines and rising demand.

In Nigeria, repeated nationwide grid collapses as recently as February 2026 underscore the fragility of aging transmission infrastructure. In East Africa, tower failures along the 428 km Loiyangalani-Suswa line temporarily stranded output from Lake Turkana Wind Power – Africa’s largest wind installation. Meanwhile, demand growth pressures are accelerating across North Africa, where electricity consumption is expected to rise by around 50% by 2035, driven by urbanization, desalination projects, and climate-related temperature increases.

Despite these constraints, generation investment continues to accelerate across Africa, particularly in renewables, gas-to-power and hybrid systems. However, without equivalent investment in transmission and interconnection, much of this new capacity risks being underutilized or stranded. This growing imbalance between generation and grid capacity is driving a sharper focus on system-wide planning and regional market design – issues that will be central to the newly launched Power Africa Today conference at African Energy Week 2026. The platform will bring together policymakers, utilities, investors and developers to explore how regional interconnection, cross-border trading frameworks and financing structures can better align generation growth with grid expansion.

Power Markets Experiment with Reform

Alongside infrastructure challenges, Africa’s electricity sector is undergoing gradual – but uneven – market reform. Most countries still operate vertically integrated systems dominated by state utilities, but a growing number are introducing competitive frameworks to attract private capital and improve efficiency.

Zimbabwe opened its electricity market to full private participation across generation, transmission and distribution in 2025, targeting $9 billion in new investment. South Africa is advancing one of the continent’s most ambitious grid expansion programs, with plans for 14,500 km of new transmission lines and 133,000 MVA of transformer capacity by 2034, alongside mechanisms designed to crowd in private financing. Kenya, meanwhile, has introduced open access regulations enabling independent power producers to wheel electricity directly to multiple off-takers, reshaping how generation assets interface with the grid.

Interconnected electricity markets are the foundation of Africa’s industrial future

Regional Integration Remains Fragmented

Efforts to connect Africa’s fragmented power systems are progressing, though at different speeds across regions. In Southern Africa, the World Bank’s RETRADE SAPP program, approved in 2025, is deploying $12 million to strengthen renewable integration and transmission capacity across 12 member states. In East Africa, the Ethiopia–Kenya–Tanzania Electricity Highway is now in trial operations at up to 2,000 MW, marking a significant step toward a more interconnected regional grid.

West Africa is also moving toward deeper integration, with permanent synchronization of the West Africa Power Pool expected in 2026. Analysts, including the African Finance Corporation, argue that such synchronization is critical to unlocking large-scale hydropower potential and industrial demand across the region. Longer term, full synchronization between the Eastern and Southern African power pools – targeted for the end of 2026 – could create one of the world’s largest cross-border electricity trading corridors.

Building Bankable Financial Architectures

While interconnection is advancing, infrastructure alone is not enough to create investable electricity markets. Investors consistently cite the lack of standardized offtake structures, creditworthy counterparties, and cross-border payment guarantees as key barriers to scaling capital deployment.

New models are emerging to address these constraints. Africa GreenCo, operating across Zambia, Namibia and South Africa, is helping to aggregate independent power producers under a single creditworthy intermediary, standardizing power purchase agreements and reducing counterparty risk. At a broader level, AUDA-NEPAD estimates that Africa requires around $30 billion in additional investment to complete priority transmission corridors and establish three fully interconnected regional trading blocs by 2030.

“Interconnected electricity markets are the foundation of Africa’s industrial future,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “The question at Africa Energy Week is not whether integration is possible – the evidence is already there. The question is which regulatory frameworks and financial structures will get projects to financial close, and which markets will be ready when capital is looking to move.”

The Power Africa Today conference will run alongside AEW 2026, taking place October 12–16 in Cape Town, and will focus on the regulatory, financial and infrastructural architecture needed to build interconnected electricity markets capable of attracting institutional capital and delivering reliable, cross-border power at scale.

Distributed by APO Group on behalf of African Energy Chamber.

Continue Reading

Business

African Development Bank Group and La Francophonie Sign Partnership Agreement to Promote Youth Employment in Francophone Africa

Published

on

Remove term: African Development Bank African Development Bank

The agreement was signed during a meeting between the Secretary General of La Francophonie, Louise Mushikiwabo, and African Development Bank Group President, Dr Sidi Ould Tah in Paris, France

PARIS, France, June 25, 2026/APO Group/ –The African Development Bank Group (www.AfDB.org) and The International Organization of La Francophonie (OIF) on Wednesday entered a strategic partnership to strengthen digital skills, employability, and entrepreneurship of young people and women in five African countries: Benin, Cameroon, Guinea, the Democratic Republic of the Congo and Madagascar.

 

The agreement was signed during a meeting between the Secretary General of La Francophonie, Louise Mushikiwabo, and African Development Bank Group President, Dr Sidi Ould Tah in Paris, France. The agreement will address a major challenge faced by countries in the Francophone world and across Africa: providing young people with access to opportunities offered by the digital economy and fostering the emergence of a new generation of entrepreneurs.

The partnership calls for the implementation of training programs in digital professions and entrepreneurship, in fields such as web and mobile development, cybersecurity, artificial intelligence, and data analysis. Participants will also receive guidance toward employment and self-employment, as well as support for innovation and business creation, notably through training camps, prototyping activities, and partnerships with incubators and accelerators.

The African Development Bank Group and OIF will also work with national authorities in these five countries and training institutions to sustainably strengthen local capacities and promote ownership of the programs by national stakeholders. An initial pilot phase, lasting 12 to 24 months, will be rolled out in the five partner countries, followed by a gradual expansion to other member states depending on the results achieved.

The African Development Bank Group is pursuing a bold agenda based on “Four Cardinal Points” developed by Dr Ould Tah, the third of which is ‘Turning Demographics into a Dividend.’ This is about strategically converting Africa’s rapidly growing and youthful population into a decisive engine of inclusive growth, productivity, and innovation through large-scale investment in human capital—particularly youth and women.

 

It sees Africa’s growing young population not as a risk, but as a major asset. With the right policies and investments, this potential can create jobs, help small businesses grow, bring more informal businesses into the formal economy, and equip young people with the skills needed for the future. By investing more in education, science and technology, vocational training, entrepreneurship, finance, and digital tools, Africa can help its people drive economic transformation, stay competitive, and build lasting, resilient growth.

The OIF said the agreement marked the first concrete step in its initiative to mobilize innovative and additional funding for its most impactful projects.

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

Continue Reading

Trending