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HKSTP Companies Exhibit the Latest AI Technology Solutions at InnoEX 2024 and the Hong Kong Spring Electronics Fair (Spring Edition)

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HONG KONG SAR – Media OutReach Newswire – 15 April 2024 – The Hong Kong Science and Technology Parks Corporation (HKSTP), alongside 25 partner companies, has taken part in Asia’s leading annual innovation and technology (I&T) event, InnoEX 2024, and the world-class electronics industry event, the Hong Kong Electronics Fair (Spring Edition). Under the theme: From Smart Vision to Intelligent Future, HKSTP presents cutting-edge R&D achievements from 16 partner companies in fields such as Smart City, AI and Robotics, Digital Business, and Marketing Tech, further showcasing the region’s research strengths.

Paul Chan, the Financial Secretary of HKSAR, Lillian Cheong, Under Secretary for Innovation, Technology and Industry of HKSAR, accompanied by Ir Dr HL Yiu, Chief Corporate Development Officer of HKSTP, visited HKSTP’s booth at InnoEX to experience the latest local R&D achievements.

HKSTP has been steadfast in its commitment to nurturing innovative enterprises that advance the development of Hong Kong as a smart city. On the exhibition’s opening day, HKSTP arranged two start-up showcase sessions, which provided opportunities for business matching and investment opportunities. The sessions were conducted in a competitive format, with the winning start-up scheduled to participate in the Techsauce Global Summit in Bangkok, Thailand, in August, with HKSTP to achieve potential business expansion in Asia.

Ir Dr HL Yiu, Chief Corporate Development Officer of HKSTP, said: “China is focusing on the development of ‘new quality productive forces’, with I&T serving as the core driving force. Our participation in InnoEX presenting market-ready solutions to both local and overseas buyers is expected to capture their attention and garner brand exposure. HKSTP will continue to refine its support for nurturing startups, accelerating the process from R&D to commercialisation, thus fostering the development of intelligent living.”

According to the United Nations Conference on Trade and Development (UNCTAD)’s Global Frontier Technology Readiness Index in 2023, Hong Kong has ascended from 13th to 9th globally in the capability to utilise cutting-edge technologies, such as artificial intelligence (AI) and IoT. This significant leap underscores a marked enhancement in Hong Kong’s application of innovative technologies. As technological products are now closely intertwined with AI, several partner companies have integrated AI into their offerings for greater intelligence, customisation, and optimisation of efficiency, which in turn significantly enhances the user experience. For example, smart building solutions employ sensors to gather environmental data for subsequent analysis. The integration of AI improves the volume, speed, and precision of data processing. Additionally, some startups have incorporated AI into digital marketing tools, refining the advertisement production workflow, enabling the creation of more targeted and cost-efficient advertising strategies.

In collaboration with global universities, the 14 research AI and robotics laboratories under InnoHK’s “AIR@InnoHK” will show case some of the most advanced solutions at InnoEX.

This year’s InnoEX gathers world-class innovative solutions, featuring science and technology enterprises from over 13 countries and regions, including Hong Kong, Mainland China, Canada, France, India, Poland, Thailand, the United Kingdom, and more.

HKSTP’s flagship start-up pitching competition, EPiC, will also culminate with its Grand Finale on the 26th of April at the top of Hong Kong’s iconic International Commerce Centre. The top 74 global start-ups reaching the final round will compete for potential investments totalling USD 45 million. This includes venture capital investment of up to USD 5 million, cash prizes totalling USD 240,000, and opportunities for commercial collaborations. Participating start-ups can benefit from HKSTP’s unrivalled ecosystem as a springboard to tap into the vast opportunities in Mainland China, Asia, and other overseas markets.

Some of the latest products and solutions exhibited by HKSTP partner companies at InnoEX include:

Smart City Solutions

Intelligent Transformation for Old and New Buildings: Comprehensive realization of smart buildings – Neuron Digital’s smart building solutions are tailored for a variety of applications, featuring specialised modules that can interface with 5G or IoT. These systems collect data on temperature, humidity, air quality, space occupancy, etc. By integrating AI with digital twins, Neuron Digital offers a detailed 3D virtual model of a building’s internal and external environments. This enables developers, building operators, and facilities management teams to easily monitor and optimise facility operations, leading to significant energy savings, enhanced building management efficiency, sustainability, and thus contributing to a better living environment.

Digitalised Transport Solutions for Smart Cities – Smart transportation is a pivotal component of smart cities, and Neuvix is at the vanguard with solutions that leverage edge computing, computer vision, AI, and digital twin. These solutions support the intelligent upgrading of transport infrastructure, analysing driving behaviour on roads, traffic flow, and vehicular data at stations to realise intelligent transportation systems and smart stations.

Digital Business

Creating Sterile Environments with 20kV – Apicem Technology Services Company Limited (ATS) has developed a patented Baal Decontamination system that utilises a 20kV high-voltage electric field to eliminate bacteria and viruses, thereby purifying the air. It represents a new green technology capable of one-off filtration of carbon dioxide, nitrogen dioxide, and the removal of dioxins, hydrogen sulphide, formaldehyde, volatile organic compounds, and odours. Its cloud-based Indoor Air Quality (IAQ) monitoring system can track improvements down to PM1.0 particulates and can be integrated with existing property management systems to achieve digitalised management and sustainable development.

Asia’s First “On-premise” AI Bot Development Platform – GPTBots.ai – empowers business enterprises to effortlessly custom-build and train their own exclusive AI bots within their networks. It is the first platform in Asia that enterprises can mitigate the risk of data breaches without using third-party AI platforms. By simply uploading their proprietary data to the internal knowledge base and connecting to large language models (LLM) of their choice, enterprises can seamlessly train the bots through interactive chatting. The versatility of these AI bots spans across a broad spectrum of applications, encompassing translation services, customer engagement, personal assistance, and knowledge retrieval, among others.

AI and Robotics

Hong Kong-developed robots target ESG implementation challenges – In a bid to address challenges such as staffing difficulties in property management and healthcare services, Novelte has launched a series of robots designed to tackle issues related to Environmental, Social, and Governance (ESG). These robots are particularly focused on enhancing daily operations in property management and facilitating hospital deliveries. Established in 2019, the company specialises in the R&D of robotics and has since introduced a diverse range of robots tailored for various applications, including meal delivery, intelligent assistance, and security.

Marketing Tech

Asia’s Leading AI Advertising Platform Elevates Efficiency – GoGoChart has unveiled AppAura, a state-of-the-art digital marketing and ad management platform that utilises AI to optimise the ad management process and boost advertising effectiveness. Users can with ease create engaging advertising campaigns and content, enjoy the advantages of cross-platform integration and streamlined ad management across major online media platforms. This enhances work efficiency and cuts costs for users, granting clients a significant advantage in the highly competitive digital market.

AI SEO Tools Help Businesses Succeed in the Global Market – Capturing the attention of the target audience amidst the overwhelming information of the digital age, Search Engine Optimization (SEO) is crucial. The Hong Kong startup Aloha has unveiled its self-developed SEO tool, RankBot, which incorporates AI and real-time global search engine data, offering support for over 90 regions and 45 languages. RankBot’s cutting-edge technology empowers users to make precise, data-driven decisions, drastically cutting down the time needed to execute and manage SEO and improving their products’ global search engine rankings, thus aiding businesses in expanding their international presence.

InnoEX 2024
Date: 13-16 April, 2024
Venue: Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wan Chai
HKSTP Pavilion Booth No: 3C-B01

Hong Kong Electronics Fair (Spring Edition)
Date: 13-16 April, 2024
Venue: Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wan Chai

Elevator Pitch Competition (EPiC 2024) Grand Finale
Date: 26 April, 2024
Venue: Sky100 Observation Deck, International Commerce Centre

About Hong Kong Science and Technology Parks Corporation
Hong Kong Science and Technology Parks Corporation (HKSTP) was established in 2001 to create a thriving I&T ecosystem grooming 12 unicorns, more than 14,000 research professionals and over 1,700 technology companies from 26 countries and regions focused on developing healthtech, AI and robotics, fintech and smart city technologies, etc.

Our growing innovation ecosystem offers comprehensive support to attract and nurture talent, accelerate and commercialise innovation for technology ventures, with the I&T journey built around our key locations of Hong Kong Science Park in Shatin, InnoCentre in Kowloon Tong and three modern InnoParks in Tai Po, Tseung Kwan O and Yuen Long realising a vision of new industrialisation for Hong Kong, where sectors including advanced manufacturing, micro-electronics and biotechnology are being reimagined.

Hong Kong Science Park Shenzhen Branch in Futian, Shenzhen plays positive roles in connecting the world and the mainland with our proximity, strengthening cross-border exchange to bring advantages in attracting global talent and allowing possibilities for the development of technology companies in seven key areas: Medtech, big data and AI, robotics, new materials, microelectronics, fintech and sustainability, with both dry and wet laboratories, co-working space, conference and exhibition facilities, and more.

Through our R&D infrastructure, startup support and enterprise services, commercialisation and investment expertise, partnership networks and talent traction, HKSTP continues contribute in establishing I&T as a pillar of growth for Hong Kong.

More information about HKSTP is available at www.hkstp.org.

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Energy

SBM Offshore Confirmed as Silver Sponsor for African Energy Week (AEW) 2026 Amid Africa FPSO Expansion Push

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June 10, 2026

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African Energy Chamber

SBM Offshore will participate as Silver Sponsor at African Energy Week 2026, where they are set to showcase FPSO expansion in Angola, Namibia and Guyana amid strong financials and a deepwater innovation strategy

CAPE TOWN, South Africa, June 9, 2026/APO Group/ –Multinational oil and gas services company SBM Offshore will participate at this year’s African Energy Week (AEW) 2026 Conference and Exhibition as a Silver Sponsor, reinforcing the company’s long-term commitment to Africa’s expanding deepwater oil and gas industry. Their participation comes as SBM Offshore accelerates brownfield optimization projects in Angola while aggressively positioning itself for new frontier developments in Namibia’s Orange Basin.

 

SBM Offshore’s return to AEW, which takes place from October 12–16 in Cape Town, is expected to draw significant industry attention as operators, financiers and EPC contractors evaluate the next wave of floating production infrastructure across the Atlantic Basin. With more than 20 years of experience in Africa and over $31 billion in contract backlog globally, the company remains one of the world’s most influential FPSO suppliers.

The Sponsorship follows several major milestones announced during 2025 and 2026. On May 26, the American Bureau of Shipping approved SBM Offshore’s seawater intake riser technology developed alongside Shell. The system pumps cold seawater from depths of 700m to FPSO topsides, reducing onboard cooling energy demand and improving emissions performance for future African and South American projects.

The company’s financial position strengthened considerably following the $2.32 billion sale of FPSO One Guyana to ExxonMobil in February 2026. The transaction helped drive a 216% year-on-year increase in Q1 2026 directional revenue to $3.5 billion while reducing SBM Offshore’s net debt from $5.7 billion to $3.2 billion by March 21, 2026.

SBM Offshore continues to demonstrate the technical expertise, operational scale and long-term investment approach needed to advance Africa’s next generation of energy projects

In March 2026, ExxonMobil awarded SBM Offshore front-end engineering and design contracts for the Longtail development in Guyana. The proposed FPSO is expected to feature the world’s highest gas-handling capacity ever deployed on a floating production vessel, processing 1.2 billion cubic feet of gas and 250,000 barrels of condensate daily.

Across Africa, SBM Offshore continues expanding its offshore footprint. In Angola, the company signed multi-year extensions in December 2025 with Esso Exploration Angola for FPSO Mondo and FPSO Saxi Batuque in Block 15, extending operations through 2032. Brownfield upgrades and life-extension works commenced in early 2026 to support declining reservoir pressure management and maintain environmental compliance standards.

The company also finalized a share purchase agreement with Equatorial Guinea’s national oil company GEPetrol in December 2025, restructuring regional asset ownership and supporting localized operational transitions. The FPSO Aseng formally exited SBM Offshore’s lease-and-operate fleet during the same period as management responsibilities shifted toward Equatoguinean entities.

Namibia retains a central focus of SBM Offshore’s African growth strategy. The company is actively competing for TotalEnergies’ Venus FPSO contract in the Orange Basin, one of Africa’s largest recent offshore discoveries with estimated resources of roughly 2 billion barrels. SBM Offshore has expanded its Cape Town commercial engineering workforce while positioning its standardized technologies for upcoming South Atlantic developments.

“SBM Offshore’s participation at this year’s event reflects the growing momentum behind Africa’s deepwater industry and the critical role FPSO technology will play in unlocking new production. From Angola’s mature offshore hubs to Namibia’s frontier discoveries, SBM Offshore continues to demonstrate the technical expertise, operational scale and long-term investment approach needed to advance Africa’s next generation of energy projects,” says NJ Ayuk, Executive Chairman, African Energy Chamber.

Looking ahead, SBM Offshore aims to combine frontier expansion with lower-emission offshore production systems. Through partnerships with SLB and Cognite, the company is integrating industrial AI platforms to its global fleet while scaling standardized hull construction to accelerate project delivery timelines across Africa and Latin America.

Distributed by APO Group on behalf of African Energy Chamber.

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Minister Kgosientsho Ramokgopa Joins African Energy Week (AEW) 2026 as South Africa Opens R400B Grid Expansion to Private Investment

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June 10, 2026

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Kgosientsho Ramokgopa

South Africa has moved from rolling blackouts to a year of stable supply, and Minister Kgosientsho Ramokgopa now turns to the grid expansion and market reforms needed to keep the lights on and draw private capital

CAPE TOWN, South Africa, June 9, 2026/APO Group/ –Kgosientsho Ramokgopa, Minister of Electricity and Energy of the Republic of South Africa, has been confirmed as a featured speaker at African Energy Week (AEW) 2026, where he is expected to outline the next phase of the country’s power-sector recovery and the investment drive needed to expand the electricity grid.

 

Taking place October 12-16, AEW 2026 represents the largest energy gathering on the African continent, offering a strategic platform for dealmaking and partnerships. Minister Ramokgopa’s participation reflects the country’s ambitions to strengthen investment flows across the power and energy markets, supporting long-term generation resilience and improved transmission networks.

South Africa has moved from one of the worst phases of its electricity crisis to its most stable supply in years. The country recently passed a full year without load-shedding, and the grid is at its strongest in half a decade, with roughly 4,400 MW more generation on hand than a year earlier. The return of Kusile Power Station to its full output of about 4,800 MW helped anchor the turnaround.

South Africa’s recovery shows what disciplined execution can achieve, and opening the grid to private capital is the logical next step

With supply stabilized, Ramokgopa has reframed the current market challenge as being less about generation and more to do with transmission, offtakers and bottlenecks, pointing to more than 130 GW of generation projects that have yet to secure firm offtake agreements. That bottleneck sits at the center of the country’s largest infrastructure push. The Transmission Development Plan calls for 14,000 km of new power lines and 105 substations by 2030, at a cost of roughly R400 billion, to unlock an additional 22.5 GW of capacity.

Because neither Eskom nor the state can fund that build alone, the government has opened transmission to private investment for the first time through the Independent Transmission Projects (ITP) program. In December 2025, Ramokgopa named seven prequalified bidders for the first phase, all of them international-led consortia. The phase covers 1,164 km of high-voltage lines across seven corridors, with a combined value of about $1 billion. A request for proposals is expected in the second half of 2026.

“South Africa’s recovery shows what disciplined execution can achieve, and opening the grid to private capital is the logical next step,” says NJ Ayuk, Executive Chairman of the African Energy Chamber. “The real opportunity now is in transmission, and the investors who help build that network will open up generation that will change South Africa’s future for the better.”

Private appetite is already evident on the generation side. The latest round of the Renewable Energy Independent Power Producer Procurement Program drew 10.2 GW of bids against the 5 GW on offer. In the 2025/26 financial year, eight new independent power projects came online with a combined 800 MW, and another 1,610 MW is under construction.

Minister Ramokgopa is also expected to address the Integrated Resource Plan 2025, the government’s blueprint guiding new generation capacity, and the rollout of a competitive wholesale electricity market intended to open the sector beyond Eskom.

As AEW 2026 prepares to convene policymakers, investors and operators at the Cape Town International Convention Center this October, Minister Ramokgopa’s participation is the host nation’s signal that its power sector is open for investment.

Distributed by APO Group on behalf of African Energy Chamber.

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Energy

Carbon Markets Africa Summit (CMAS) 2026 programme launched as Africa’s carbon markets move from readiness to delivery

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June 10, 2026

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CMAS

Positioned as a pan-African marketplace, CMAS connects policy, project pipelines, capital and buyers in a structured environment focused on enabling real deal flow

CAPE TOWN, South Africa, June 9, 2026/APO Group/ –Africa is emerging as an exciting destination to develop carbon market projects with improved policy certainty and more and more projects becoming investment-ready. As global carbon markets transition from rule-setting to real transactions, with Article 6 mechanisms moving into implementation and compliance-driven demand such as CORSIA accelerating, attention is shifting towards where credible supply, policy certainty and investment-ready projects can be delivered at scale.

 

Against this backdrop, the Carbon Markets Africa Summit (CMAS) that is organised by VUKA Group has released its official 2026 programme, outlining how Africa’s carbon markets can move beyond frameworks into execution, investment and transactions. The summit will take place from 13–15 October 2026 in Kigali, Rwanda, hosted by the Ministry of Environment of Rwanda, with UNDP and the African Development Bank (AfDB) as host organisations, the Development Bank of Southern Africa (DBSA) as host partner, and AUDA-NEPAD as the strategic institutional partner.

Positioned as a pan-African marketplace, CMAS connects policy, project pipelines, capital and buyers in a structured environment focused on enabling real deal flow.

This year’s programme reflects a changing market dynamic, one where integrity, quality and transaction readiness are becoming decisive.

“Carbon markets are entering a more selective and operational phase. The question is no longer whether Africa has a role to play, but whether the continent can bring forward credible projects, enabling frameworks and market infrastructure to transact at scale,” said Emmanuelle Nicholls, Project Lead. “CMAS 2026 is designed as a response to that moment – connecting the actors, pipelines and capital needed to move from ambition to execution.”

Africa’s carbon markets must be built on integrity, equity, and continental coordination so that carbon finance delivers real value

Within this evolving context, the summit places strong emphasis on the foundations required to scale markets responsibly. As Estherine Fotabong, Director at AUDA-NEPAD, notes, “Africa’s carbon markets must be built on integrity, equity, and continental coordination so that carbon finance delivers real value for communities, ecosystems, and sustainable development across the continent.”

A programme built for execution

The CMAS 2026 programme spans the full carbon market value chain from policy and Article 6 implementation to project development, finance and transactions. Key highlights include the keynote opening session on delivering projects, capital and transactions at scale, a high-level dialogue on trust and market readiness, ministerial and technical roundtables, and sessions focused on buyer demand, investor priorities and deal structuring.

 

A central feature is a curated pipeline of African carbon projects across nature-based solutions, regenerative agriculture, carbon removals, waste-to-value and blue carbon, presented through project showcases, case studies and investment-ready deal rooms.

The programme also includes solution labs and technical workshops addressing critical bottlenecks—including Article 6 and CORSIA implementation, early-stage finance, MRV systems and project bankability, alongside live demonstrations of digital carbon infrastructure, ensuring focus on practical market development and delivery.

CMAS 2026 is hosted in Rwanda, a country advancing carbon market frameworks under Article 6, and takes place at a pivotal moment as global markets increasingly prioritise integrity, quality and real delivery at scale.

Distributed by APO Group on behalf of VUKA Group.

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