Connect with us
Anglostratits

Business

Global tech stakeholders converge at GITEX Africa advancing the race for digital excellence in the world’s rising innovation economy

Published

on

GITEX

Historic debut of Africa’s largest tech event welcomes 900 exhibitors and start-ups, 250 leading investors, 250 conference speakers and 30 ministerial delegations

MARRAKECH, Morocco, May 31, 2023/APO Group/ — 

Big tech stakeholders, international government entities, start-ups, youth, academia, and investors from across Africa and the world have gathered at the inaugural edition of GITEX Africa (www.GITEXAfrica.com), which opened today in Morocco (31 May) to augment collaborative pursuits and advance the continent’s race for digital excellence.

Running for three days in the Red City of Marrakech, Africa’s largest and most influential tech and start-up event is set to launch Africa into a golden age of digital inclusion, rallying the resilience of a youthful population and elevating tireless governments determined to redraw the boundaries of socio-economic development.

GITEX Africa is expected to attract tens of thousands of attendees from 120 countries in its debut edition, with powerful connections and valuable new relationships awaiting them in the form of 900 exhibiting tech companies and start-ups across 10 halls and 45,000sqm of exhibition space. 

African tech’s showpiece event, officially inaugurated by the Moroccan Head of Government Aziz Akhannouch, also features Africa’s most impactful leadership conference programme, with ten conference tracks exploring transformational topics advancing Africa’s digital agenda, from generative AI and digital cities, or Fintech and agritech, to healthcare, energy, innovation, sustainable development goals, and a spotlight on the world’s most exciting start-up ecosystem.

Forging public private sector alliances, augmenting socio-economic growth

GITEX Africa 2023 is held under the High Patronage of His Majesty King Mohammed VI, and hosted by the Digital Development Agency (ADD), under the authority of the Moroccan Ministry of Digital Transition and Administration Reform. 

The event is organised by KAOUN International, the overseas events organising company of Dubai World Trade Centre, which organises GITEX Global in Dubai, UAE, the world’s largest tech and start-up show, rated by tech executives as the world’s best global tech event.

Africa’s three-day hyper connector is also hosting for the first time the Smart Africa Digital Academy and the Council of African ICT Agencies (CAITA), the latest organ meeting of Smart Africa established to promote collaboration and cooperation in Information Communication Technology (ICT) investment across the African continent.

Smart Africa is an alliance of 37 African countries tasked with Africa’s digital agenda, to accelerate sustainable socio-economic development on the continent and usher Africa into the knowledge economy through affordable access to broadband and the use of ICTs.

“We are pleased to join forces with GITEX Africa to collocate high-level events including our first ever Council of African IT Agencies (CAITA),” said Smart Africa’s Director General Mr. Lacina Koné. “This is a crucial forum for IT agencies to discuss policy and regulatory issues affecting them and develop solutions together.”

This is a crucial forum for IT agencies to discuss policy and regulatory issues affecting them and develop solutions together

Regional and international exhibitors spearheading the charge into GITEX Africa include American heavyweights IBM, Dell, Oracle, and Hewlett Packard; German software titan SAP; Lenovo, Huawei, and TP Link from China; DP World and the Technology Innovation Institute from the UAE; and Orange Maroc, Inwi, Maroc Telecom, and MTDS from Morocco.

Autodesk, the leading global software developer for the architecture, engineering, construction, manufacturing and media & entertainment industries, is also participating at GITEX Africa to give regional talent the toolsets to support Africa’s digital aspirations.

Naji Atallah, Head of AEC and Manufacturing for EMEA Emerging at Autodesk, said: “By 2030, more than 50 percent of Africa’s population will live in cities, and with this increased urbanisation comes the urgent need to build better and more resilient cities, and to ensure that existing ones can grow more sustainably.

“This rapid growth, is in turn, accelerating the convergence of the construction, manufacturing, media and entertainment industries enabling a better way of designing and making things in four ways; workflow coordination, on-demand customization, visual creation and continuous reshaping of existing assets.”

Start-up founders battle for supremacy at Africa’s most valuable pitch competition

GITEX Africa 2023 has partnered with North Star, the world’s largest start-up event, converging more than 400 start-ups from 30 countries – 200 of which are international award-winners – presenting future-defining tech across multiple sectors, from agritech and sustainability, AI, and edtech, to fintech, healthcare, or mobility and smart cities. 

Fujn from the USA is among the global start-ups looking to extend engagements, build connections, and scale imaginations with key stakeholders in the tech ecosystem. “Africa is the continent with the youngest most digitally native population,” said Khadija Khartit, the founder of Fujn, an integrated technology platform that upskills women in the future of work via online self-paced curated courses. 

“Fujn focuses on the future of skills, work, and income for women, and we’re joining forces with GITEX Africa to enable a better future for African women by leveraging digital. 

“We’re seeking hands-on collaborations with African governments, NGOs, universities, and corporations, to upskill and provide income opportunities for African women.”

The GITEX Africa Supernova Challenge, Africa’s most valuable start-up pitch competition with US$100,000 in cash prizes, will meanwhile see 70 disruptive start-ups from 31 countries battle it out for supremacy across two days of live pitches in front of a 13-strong judging panel of global VCs, angel investors, and accelerators,  including Segun Cole, Founder of Fund the Gap Alliance, Nigeria; Janade Du Plessis, Fund Manager of Launch Africa, South Africa; and Vijay Tirathrai, Managing Director of Techstars from the UAE. 

The shortlist of Africa’s most coveted start-up pitch competition was selected from more than 300 applications, representing nations from across the globe, including Cameroon, Cyprus, Egypt, France, Gambia, Ghana, India, Israel, Kenya, Korea, Kuwait, Morocco, Nigeria, Pakistan, South Africa, Switzerland, Tunisia, Uganda, UK, USA, and Zambia.

More information is available at www.GITEXAfrica.com.

Distributed by APO Group on behalf of GITEX Africa.

Business

Afreximbank’s Zimbabwe Country Brief explores the country’s Critical Mineral advantage and reform-driven economic outlook

Published

on

Afreximbank

Zimbabwe holds the largest lithium reserves on the continent and boasts some of the highest-grade spodumene deposits globally, positioning the country as a critical supplier of battery minerals at a time of surging global demand for electric vehicle and energy storage technologies

CAIRO, Egypt, October 16, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has released its Zimbabwe Country Brief, providing a comprehensive analysis of the southern African nation’s macroeconomic outlook, trade performance, financial sector development and debt sustainability profile. The brief explores Zimbabwe’s economic growth potential support by its deep regional ties and diverse natural resource endowment that is increasingly central to the global energy transition.

 

Among the brief’s key highlights is Zimbabwe’s strong growth momentum. Real GDP growth is estimated to have strengthened to 8.3% in 2025, driven by a rebound in agricultural production, robust gold exports and elevated global gold prices. Growth is forecast to remain solid at 5% in 2026, supported by stronger agricultural yields, elevated government spending and a favourable outlook for gold mining. Most strikingly, inflation is forecast to ease dramatically to 3.9% in 2026, down from an estimated 55% in 2025, as the Zimbabwe Gold currency stabilises on the back of stronger domestic gold output and improved foreign-currency inflows.

Zimbabwe holds the largest lithium reserves on the continent and boasts some of the highest-grade spodumene deposits globally, positioning the country as a critical supplier of battery minerals at a time of surging global demand for electric vehicle and energy storage technologies. Gold, platinum group metals, diamonds and chrome complete a resource profile that few economies on the continent can rival.

Zimbabwe’s rich endowment of critical minerals offers a powerful opportunity to move beyond the export of raw commodities

Furthermore, this edition reveals how Zimbabwe’s trajectory is particularly compelling, given the government’s deliberate shift from raw commodity exporter to industrial processor. The brief highlights February 2026 restrictions on exports of raw minerals and lithium concentrate as a decisive step in the value-addition agenda, with the potential to reposition Zimbabwe within global battery supply chains. The National Development Strategy 2 framework for 2026-2030 reinforces this direction, prioritising macroeconomic stability, infrastructure, industrialisation and job creation. The brief also points to further longer-term upside from the May 2026 petroleum production-sharing agreement covering the Cabora Bassa Basin oil and gas project.

The brief further highlights a growing and evolving financial sector, with InnBucks MicroBank’s May 2025 partnership with Mambu marking a significant step in the development of digital banking and broader financial inclusion.

With a solid GDP growth outlook for 2026, a dramatically improved inflationary environment and one of Africa’s most strategically valuable mineral endowments being actively developed for higher-value production, Zimbabwe presents a timely and powerful story of economic transformation.

Commenting on the release of the brief, Yemi Kale, Group Chief Economist and Managing Director, Research and Trade Intelligence at Afreximbank, said:

“Zimbabwe’s rich endowment of critical minerals offers a powerful opportunity to move beyond the export of raw commodities and build competitive regional value chains anchored in local production, beneficiation and value addition. By converting its lithium, gold, platinum-group metals and other resources into higher-value products, Zimbabwe can deepen its industrial base, create quality jobs and expand trade with markets across Africa. This is fully aligned with Afreximbank’s mandate to transform the structure of African trade and accelerate the continent’s industrialisation under the AfCFTA.”

Read more in the Afreximbank Country Brief on Zimbabwe here (https://apo-opa.co/47kgH1p)

Distributed by APO Group on behalf of Afreximbank.

 

 




 

Continue Reading

Business

The Digital Webinar Series builds momentum towards the full Democratic Republic of the Congo (DRC) Critical Minerals & Industrialisation Forum 2027

Published

on

“In Four live sessions, one goal: turning mineral wealth into industrial growth

CAPE TOWN, South Africa, October 16, 2026/APO Group/ –The organisers of the DRC Critical Minerals & Industrialisation Forum, co-located with the DRC-Africa Battery Metals Forum, have announced a four-part digital webinar series running from September to November 2026. Bringing together government, industry and investment leaders, the series will examine the opportunities, challenges and partnerships shaping the DRC’s next phase of economic development.

 




 
 

Across four live sessions, the discussions will explore the policies, infrastructure, technologies and investment models needed to unlock greater value from the country’s critical mineral resources. Speakers will share market intelligence, practical case studies and perspectives on how the DRC can strengthen local value creation, attract investment and build a more competitive and sustainable minerals economy.

The webinar series also provides a platform for continued engagement ahead of the full in-person Forum in Kinshasa in 2027. VUKA Group RDC rescheduled the Forum to align with the DRC Government’s evolving national policy frameworks and allow the revised roadmaps for the $58 billion Master Plan for Industrialisation (Plan Directeur d’Industrialisation, PDI) to further develop.

The first four editions of the digital webinar series will focus on the following:

Webinar 1: 23 September 2026, 10h30–12h00 (https://apo-opa.co/4zwms7Z)

UNLOCKING THE DRC’S INDUSTRIAL POTENTIAL:  The A-to-Z masterclass strategy

The DRC masterclass examines how the nation can harness its mineral wealth for sustainable growth and industrialization. Experts will discuss policies to move beyond raw exports, enforce security and strengthen ESG standards. Priorities include local beneficiation, human capital development and tailored financing to balance global markets. By defining collaborative actions and investment pathways, the session seeks to accelerate value addition, enhance competitiveness and position the DRC as a responsible global leader in the minerals value chain. VIEW ON DEMAND (https://apo-opa.co/4zHqbjn)
Webinar 2: 21 October 2026, 10h30–12h00   (https://apo-opa.co/4zwms7Z)

FOCUS ON INFRASTRUCTURE & INDUSTRIALISATION DEVELOPMENT

The panel on infrastructure and industrialisation highlights the DRC’s need to move beyond raw material extraction by focusing on local transformation. Building resilient industries will drive job creation and strengthen the economy. Experts will examine how transport, energy and logistics projects accelerate industrialisation, with case studies such as ports, railways and cross‑border initiatives. By prioritising strategic development and leveraging mineral revenues, the DRC can unlock sustainable growth and position itself as a competitive hub within the African Continental Free Trade Area.

Key discussion points

–  Understanding the DRC’s industrial strategy to capitalise on the African Continental Free Trade Area (AfCFTA)

–  The Lobito Corridor project: now or tomorrow?

–  Prioritising development projects in energy, transport linkages (road and railway rehabilitation), maritime infrastructure and port networks by utilising mineral revenues

Case studies

–  The Banana Port (developers: DP World and Mota-Engil contractors)

–  The Matadi Multipurpose Terminal, the DRC’s maritime gateway (AD Ports Group and the DRC Ministry of Transport)

–  Port of Boma maritime project

–  Banana–Matadi–Kinshasa railway

–  DRC–RSA Industrialisation Project, linking South Africa and the DRC and establishing 12 Economic Zones

Speakers

–  Chairperson: Bob Bononge, President, Caplaine Consulting, DRC

–  Popaul Madiana, Managing Partner, Prime Mineral Consulting, DRC

–  Serge Nawej, Partner, ADNA ALN, DRC*

REGISTER TO ATTEND (https://apo-opa.co/4dKfbsZ)

Webinar 3: 11 November 2026, 10h30–12h00   (https://apo-opa.co/4zwms7Z)

NEW TECHNOLOGIES DRIVING THE GLOBAL ENERGY TRANSITION

This session explores how technology and ESG‑aligned investment can transform the DRC’s critical minerals sector. With global demand for lithium, cobalt, nickel and copper rising, responsible sourcing and compliance are essential to build investor confidence. Discussions will focus on local processing, advanced metallurgical methods, renewable energy and automation to accelerate industrialisation. By shifting from raw exports to in‑country beneficiation, the DRC can strengthen sustainability, unlock long‑term value and position itself as a competitive player in the global energy transition.

Webinar 4: 25 November 2026, 10h30–12h00   (https://apo-opa.co/4zwms7Z)

STRATEGIC PARTNERSHIPS: BUILDING A STRONGER AND MORE SUSTAINABLE CRITICAL MINERALS VALUE CHAIN

This discussion explores how strategic partnerships can strengthen the DRC’s critical minerals value chain. By fostering collaboration between governments, regional integration systems and investors, the focus is on building resilience and supporting sustainable growth. Key themes include industrialisation through global partnerships, prioritising sectors for development and aligning with international partners. With effective models of cooperation, the DRC can unlock socio‑economic benefits, enhance competitiveness and establish a stronger foundation for a sustainable and inclusive minerals sector.

DRC’s transition
DRC Critical minerals & Industrialisation forum unites government, industry and investors to accelerate the country’s transition from raw‑material extraction to high‑value manufacturing, underscoring the nation’s opportunity to convert mineral wealth into infrastructure, jobs and sustainable economic growth.

The DRC’s Ministry of Mines (https://apo-opa.co/4jZPwjF) and the DRC’s Ministry of Industry (https://apo-opa.co/3UpRU98) as well the Federation of Enterprises of Congo (FEC) (https://apo-opa.co/4dHvFC4) are official partners of the event.

Distributed by APO Group on behalf of VUKA Group.

 




 

Continue Reading

Business

CRDB Bank launched FMO and Shelter Afrique partnerships, and renewed its Memorandum of Understanding (MoU) agreement with Afreximbank

Published

on

Afreximbank

A USD 75 million FMO facility, CRDB’s release of its Sustainable Development Impact Disclosure, a USD 10 million Shelter Afrique facility for CRDB Bank DRC and a renewed MoU agreement with Afreximbank marked the forum, which CRDB Bank hosted with Invest Africa during the World Bank Group and IMF Annual Meetings

BANGKOK, Thailand, October 16, 2026/APO Group/ –CRDB Bank Plc signed a USD 75 million long-term financing facility with FMO, launched its Sustainable Development Impact Disclosure Framework, renewed its memorandum of understanding with Afreximbank, and marked the extension of a USD 10 million Shelter Afrique Development Bank facility to CRDB Bank DRC at the Africa Investor Forum on 15 October. The forum, hosted by CRDB Bank with Invest Africa (https://www.InvestAfrica.com/) at the Sheraton Grande Sukhumvit, took place on the sidelines of the World Bank Group and IMF Annual Meetings. It brought CRDB’s Group leadership and its subsidiary teams in Tanzania, Burundi, Democratic Republic of Congo (DRC) and United Arab Emirates (UAE) together with development finance institutions, institutional investors and private capital, under the theme One Bank, Every Bridge: Connecting Africa’s Growth to the World’s Capital.
 




 
 

The facility from FMO, the Dutch Entrepreneurial Development Bank, will run for approximately ten years. It enhances CRDB’s Tier II capital base, which supports the Bank’s growth and resilience, and it expands the Bank’s capacity to lend to micro, small and medium enterprises (MSMEs), the segment that underpins entrepreneurship, job creation and inclusive economic development. For both institutions it advances a shared aim of financial inclusion and business growth across Tanzania and the wider region. The facility also includes support from the European Commission’s MSME platform guarantee, unlocking finance for this segment of society.

CRDB Bank has applied the Impact Disclosure Guidance to its impact strategy, helping the Bank to measure and monitor the anticipated and realized impacts of its operations and portfolio. The Guidance, published in October 2024 by the Impact Disclosure Taskforce co-chaired by J.P. Morgan and Natixis, was a voluntary standard for measuring and reporting development impact. CRDB’s framework rests on three objectives: equal access to financial services, local economic development and job creation, and digital financial innovation. These supported SDG 1 (No Poverty), SDG 2 (Zero Hunger), SDG 5 (Gender Equality) and SDG 8 (Decent Work and Economic Growth), and each carried metrics and targets against which the Bank would monitor its progress. CRDB Bank was the first Tanzanian issuer to adopt the Guidance.

Shelter Afrique Development Bank had extended a USD 10 million facility to CRDB Bank DRC to support affordable housing development and the construction value chain, and the two institutions marked the extension at the forum. It realised the memorandum of understanding they had signed at the 2025 World Bank and IMF Annual Meetings in Washington, D.C., which also provided for advisory support from Shelter Afrique to CRDB’s housing finance team across the full housing value chain.

CRDB Bank also renewed its memorandum of understanding with the African Export-Import Bank (Afreximbank), building on the two institutions’ 2023 agreement and broadening the scope of their cooperation. The renewed framework covers trade finance, syndication and structured financing, digital and payments platforms such as the Pan-African Payment and Settlement System (PAPSS), capital markets advisory, specialist insurance, and capacity building through staff training and secondments. It also links the CRDB Bank Foundation’s lending to women and youth-led enterprises with Afreximbank’s Export SME Programme, strengthening support for the small businesses at the centre of CRDB’s inclusion agenda.

Our objective is to convert Tanzania’s international relationships into investment, trade, technology, skills and sustainable economic growth

The forum opened with remarks from Dr. Abdulmajid Mussa Nsekela, Group CEO of CRDB Bank, followed by an executive panel exploring how partnerships between African institutions and Asian and international investors could mobilise capital. The programme also featured signing engagements and the official launch of the Sustainable Impact Disclosure Framework. The forum anchored an engagement week running from 13 to 16 October, featuring private roundtables and bilateral investor meetings focused on Burundi, the Democratic Republic of the Congo (DRC) and Tanzania. During these engagements, subsidiary leadership presented priority, bankable projects to investors.

Recognising the Government’s pivotal role in fostering an enabling policy and regulatory environment, aligning investment with national development priorities and facilitating capital flows, Tanzanian government leaders at the Africa Investor Forum underscored the importance of strong public-private partnerships in building investor confidence and unlocking sustainable economic opportunities. Their participation reaffirmed Tanzania’s commitment to translating international partnerships into tangible investments that drive economic growth, strengthen key sectors and create long-term value for its people.

Emmanuel Tutuba, Governor of the Bank of Tanzania, emphasised the importance of financial-sector resilience in supporting investment and economic growth. He said: “A sound and resilient banking sector is essential to mobilising investment and financing economic growth. Tanzania’s banking sector continues to demonstrate resilience, supported by strong capital and liquidity positions and a non-performing loan ratio that remains within the regulatory threshold. This provides an important foundation for banks, investors and businesses to work together to finance productive opportunities.”

Ambassador Khamis Mussa Omar, Minister of Finance of the United Republic of Tanzania, highlighted the role of international partnerships in advancing the country’s long-term development ambitions. He said: “Our objective is to convert Tanzania’s international relationships into investment, trade, technology, skills and sustainable economic growth. We welcome credible investors who are ready to partner with us in building a productive, competitive and sustainable economy, and we want investment conversations to lead to bankable projects, financing and measurable economic results.”

Dr. Abdulmajid Nsekela, Group CEO and Managing Director, CRDB Bank, said: “Bangkok was where we brought the whole of CRDB to investors, and that week put our Tanzania, Burundi and DRC teams in front of the international capital. The USD 75 million from FMO strengthened our balance sheet and widened our lending to MSMEs. The Impact Disclosure Framework gave investors targets to hold us to, and Shelter Afrique’s facility for CRDB Bank DRC put capital into affordable housing and the construction value chain. Each one was a bridge between African opportunity and global capital, which was what One Bank, Every Bridge meant in practice.”

Michael Jongeneel, Chief Executive Officer, FMO, said: “We are pleased to partner with CRDB Bank on this significant transaction, which reflects our shared commitment to strengthening access to finance for entrepreneurs and businesses that drive economic growth and job creation. By enhancing CRDB’s Tier II capital base and leveraging the support of the European Commission’s MSME Platform Guarantee, this facility will help expand financing for micro, small and medium enterprises across Tanzania. We commend CRDB for its continued leadership in advancing financial inclusion and fostering sustainable, inclusive economic development in the region.”

Alexandra Barry, Executive Director, Head of Development Impact Advisory, J.P. Morgan, said: “We would like to congratulate CRDB on this important milestone and the release of its Sustainable Development Disclosure. As the first Tanzanian entity to publish such a disclosure, the framework provides greater transparency around CRDB’s impact objectives, including how it intends to deliver and measure progress towards financial inclusion, job creation and gender equality.”

Thierno-Habib Hann, Managing Director and CEO, Shelter Afrique Development Bank, said: “The memorandum we signed in Washington last year set out an intention. This facility turned it into funding for CRDB Bank DRC, supporting affordable housing and the construction value chain around it. We were glad to see it move from paper to delivery.”

Distributed by APO Group on behalf of Invest Africa.

 

 




 

Continue Reading

Trending