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Global Startup Awards Africa announces regional winners at GITEX Africa 2023

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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.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

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