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His Excellency Omar Sultan Al Olama Highlighted Artificial Intelligence (AI) Governance and Regulations in the United Arab Emirates

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North Star

Expand North Star hosted an unfiltered panel discussion to challenge the conventional narratives surrounding unicorn companies

DUBAI, United Arab Emirates, October 17, 2023/APO Group/ — 

The rapidly evolving AI industry poses a challenge for regulators as they seek to foster public trust and confidence in AI while promoting innovation and competitiveness for local industry. A session titled ‘Leaders of Change Through the AI Lens’ underscored the potential impact of AI and the need for its regulation on Day 3 of Expand North Star (https://www.ExpandNorthStar.com/), hosted by Dubai Chambers of Digital Commerce and organised by the Dubai World Trade Centre.

His Excellency Omar Sultan Al Olama, Minister of State for Digital Economy, Artificial Intelligence and Remote Work Applications and Chairman of Dubai Chamber of Digital Economy, revealed that the UAE Government has launched a program in partnership with Oxford University to educate public officials on how to govern artificial intelligence, how to audit AI systems, and help explore use cases.

H.E. Al Olama said regulations must be adapted to specific countries, noting that the challenges facing the USA vary from those in the UAE, Japan, China or England. To prevent technology from harming the public, the world must agree on a regulatory baseline, where legislation is possible, and how it can be implemented.

Other panelists included Mohamed Gouled, Vice President of Industries, International Finance Corporation, US and Emad Mostaque, Co-Founder and CEO, Stability AI, UK. Conscious of AI’s immense power, the panellists stressed the need for AI regulation. However, the speakers also acknowledged technology’s vast potential to change and uplift the world, highlighting how various AI use cases can elevate small businesses and developing countries.

Exploring the Entrepreneurial Journey with Founders

More than 1,000 investors with a combined total of over US$ 1 trillion under management are in Dubai, rapidly emerging as the heart of the world’s digital economy

Startup success stories are a business and tech media staple. But behind the glowing media reports is the hard work required to get there. Entrepreneurs need grit, patience, and perseverance to overcome obstacles and failures. Startups are for those who dare to challenge the status quo and create something new.

Expand North Star hosted an unfiltered panel discussion to challenge the conventional narratives surrounding unicorn companies. The panel featured prominent speakers from across the globe, including Rohit Chennamaneni, Founder at Darwinbox, Ramakant Sharma, Founder of LivSpace, Sebastien Borget, Co-founder & COO of The Sandbox, Dr. Milkayel Vardanyan, Co-Founder & CPO Picsart Dan Westgarth, Co-founder & COO, Deel and Melvyn Lubega, Founder & Director, Go1 and was moderated by Nic Watson, CEO, Udrive.

During the discussion, the panellists shed light on the triumphs and challenges of building and scaling a business. They highlighted the importance of properly valuing startups, influenced by customer activities and external market factors. Various obstacles were addressed, including long hours and constant toil that negatively affect the founders’ and employees’ well-being. The speakers told of corporate and personal upheaval as their businesses scaled, requiring continuous reinvention to maintain growth.

Asian Startup Scene: A Success Story

With its large population, history of entrepreneurship and public and private sector support for entrepreneurs, the Asian tech scene has never been this vibrant. Expand North Star had a Spotlight Asia focus on Day 3, hosting an engaging panel discussion titled “Exploring Ecosystems in Emerging Markets”. The panellists discussed the measures needed to propel future growth in the region’s startup landscape and an analysis of how increasing public-private partnerships are driving growth for next-generation startups. Asian founders explored how increasing public-private partnerships are driving the growth of next-generation startups.

Among the panellists were Ashok Kurian, Business Development & Startup Lifecycle Programs, Kerala Startup Mission, Ehantha Sirisena, CEO of KBSL, Sri Lanka, Naeem Zamindar, Founder, Neem, Pakistan, Rezwanul Haque Jami, Head of Commercial Strategy Ministry of ICT Bangladesh.

The speakers noted that the challenges facing Asian countries present tremendous opportunities. Education, infrastructure, healthcare and more are all rich targets for transformation. Government bodies in the continent are adopting new disruptive technologies, including from startups. The speakers commended organizers for putting together prominent events such as Expand North Star, essential to exploring international markets.

Hosted by the Dubai Chamber of Digital Economy, Expand North Star (https://www.ExpandNorthStar.com/) marks its largest-ever edition this year, from October 15-18, 2023, at its new Dubai Harbour venue. GITEX GLOBAL 2023 and Expand North Star bring together 1,800 startups from 100-plus countries at the Middle East’s biggest iconic superyacht hub. More than 1,000 investors with a combined total of over US$ 1 trillion under management are in Dubai, rapidly emerging as the heart of the world’s digital economy. This mega gathering of next-gen companies also features three themed sub-events targeting specific sectors: Fintech Surge, the Future Blockchain Summit, and Marketing Mania.  

Distributed by APO Group on behalf of Expand North Star.

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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