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Global Startup Awards Africa announces regional winners at GITEX Africa 2023

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startups

The announcement took place at the launch edition of GITEX Africa 2023 in Marrakech, Morocco, this week

MARRAKESH, Morocco, June 2, 2023/APO Group/ — 

Seventy-one startups from across Africa have been named regional winners at this year’s Global Startup Awards (GSA) Africa (www.GlobalStartupAwardsAfrica.com) – the largest, independent startup ecosystem competition on the continent. Twenty three African countries are represented in the line-up of regional winners.

The 2022/23 season attracted 8,272 entries from all 54 African states, resulting in 71 regional winners being named across the Northern, Southern, Eastern, Western, and Central Africa competitions.

Launched in 2021, GSA Africa is a platform dedicated to showcasing and scaling Africa’s most promising startups. This year’s competition focused on solutions in agriculture, climate change, commerce, education, healthcare, and mobility & logistics, with particular interest in startups championing Web3.0 technologies, sustainable business models, green innovation, and diversity in the workplace.

The competition saw entrants first compete at a national level before vying for their spot as a regional finalist. Winners were then decided by an independent panel of judges, offering a wholistic view of the African tech-ecosystem.

In the Northern Africa competition, thirteen startups from Egypt were named winners, followed by finalists from Morocco and Tunisia. Similar results were seen in Southern Africa, where South African startups secured eleven awards, while the remaining titles went to entrants from Zimbabwe, Mozambique and Namibia.

Meanwhile, Eastern Africa saw Kenyan startups walk away with seven titles, as those from Uganda secured three, Ethiopia with two, and startups from Mauritius, Rwanda, and Tanzania also claiming awards. In Western Africa, Nigerian startups scooped up six awards, followed by three winners from Ghana. Additional winners came from Liberia, Cote d’Ivoire, Gambia, Senegal, and Benin.

Central African startups had a strong presence this year, with innovators from Cameroon earning five titles and those from the Democratic Republic of Congo winning four. Winners from the Congo and Gabon were also recognised.

From Algeria to South Africa, Senegal to Somalia, and everywhere in between – 34 percent of this year’s entrants were tackling green innovation

All 71 regional winners will now advance to the Continental Finals of the GSA Africa competition, where they will compete to be crowned an African winner. This final group of startups will join the GSA Grand Finale where they will have the opportunity to showcase their solutions alongside some of the world’s top entrepreneurs, venture capitalists, and ecosystem enablers.

In March 2023, two African startups were named Global Winners at last season’s Grand Finale. Competing against more than 120 companies from 115 countries, Ethiopian green-tech startup, Kubik, was recognised as ‘Startup of the Year’, while the Ugandan fintech, Emata, was proclaimed ‘Best Newcomer’.

African winners will have the exclusive opportunity to engage with the Global Innovation Initiative Group (GIIG) www.GIIG.Africa, the competition’s dedicated investment partner. Through its GIIG Africa Fund and the GIIG Africa Foundation, the organisation aims to find, fund and grow globally relevant African innovation.

Reflecting on this year’s regional winners, GSA Africa and GIIG co-founder, Jo Griffiths, says: “With 747 finalists across all five regions, this year’s competition did not disappoint! Our panel of judges were blown away by the quality and diversity of solutions from all corners of the continent, that are actively working to solve some of our greatest challenges. It was particularly interesting to note that – from Algeria to South Africa, Senegal to Somalia, and everywhere in between – 34 percent of this year’s entrants were tackling green innovation. These startups are proof that Africa is the tech continent of the future.”

The announcement took place at the launch edition of GITEX Africa 2023 in Marrakech, Morocco, this week. GITEX Africa 2023 is the biggest gathering of innovation stakeholders on the continent, bringing together global leaders in the public, private and civil sectors to spur the adoption of next-gen technology in Africa.

Speaking from GITEX Africa 2023 was GSA Africa and GIIG co-founder, Caitlin Nash, who remarked that: “These winners represent the top startups in both their home country and region – and it’s all the more significant that we announce them here in Morocco, the industrial powerhouse of Africa. This competition is all about building global bridges between our continent’s most exceptional solutions and the people, markets and communities where they can make the most significant impact. In that vein, this event has been the ideal launch pad for these startup’s global ambitions, and we’re excited to help take them to the world.”

For a full list of this year’s regional winners, go to www.GlobalStartupAwardsAfrica.com

Distributed by APO Group on behalf of GITEX Africa.

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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