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Inaugural GITEX Africa sells-out, organiser in final expansion phase to meet high global tech interests in Africa

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GITEX Africa

Construction ramps up of purpose-built super venue in Marrakech, Morocco for historic debut of GITEX Africa, now the largest and most influential tech and start-up event in the African continent

MARRAKESH, Morocco, April 25, 2023/APO Group/ — 

The cross-continent support of the global tech community has culminated in a sold-out GITEX Africa 2023 (https://www.GITEXAfrica.com/), with an expansion phase now underway as construction ramps up of a purpose-built super venue in Marrakech Morocco for Africa’s largest and most influential tech and start-up event. 

The inaugural GITEX Africa will make its historic debut from 31 May-2 June 2023, welcoming more than 900 exhibitors, start-ups, and visiting delegations from 95 countries for three days of intensive outcome-focused public-private sector collaborations in the world’s next biggest digital economy.

GITEX Africa is held under the High Patronage of His Majesty King Mohammed VI of the Kingdom of Morocco, and hosted by the Digital Development Agency (ADD), the public entity leading the Moroccan government’s digital transformation agenda under the authority of the Moroccan Ministry of Digital Transition and Administration Reform.

H.E Dr Ghita Mezzour, Minister of the Moroccan Ministry of Digital Transition and Administration Reform, said: “The Kingdom of Morocco is honoured to host the 1st edition of GITEX Africa Morocco in 2023, an event which constitutes a real opportunity for our country to deepen the efforts made and the work carried out in recent years in the field of digital transition and technological innovation.

“It falls perfectly in line with the efforts of the Kingdom of Morocco to strengthen South-South cooperation in the digital field, and to contribute to the influence of the African continent on the international level. GITEX Africa Morocco will thus aim to promote multi-sector technological innovation and the digital transformation of the continent, pursuant to the Orientations of His Majesty King Mohammed VI, May God Assist Him.”

“The potential for tech on the continent of Africa is limitless and the time for action is now,” added Mohammed Drissi Melyani, General Director of the Digital Development Agency (ADD). “As the catalyst for Morocco’s digital transformation, ADD is involved to promote innovation in many sectors and to push all the involved partners of the ecosystem to ensure Smart digital transition.

“As the African continent is beginning to create an enabling environment for technology innovation to thrive, GITEX Africa Morocco is a real opportunity to gather the tech moguls and promote investments and we are deeply engaged to contribute to this first edition’s success.”

GITEX Africa 2023 is affiliated with GITEX GLOBAL, the world’s largest tech and start-up show hosted in Dubai.  “Africa has a great story to share with the world in their digital cities evolution powered by a talented youth generation and future focused governments,” said Trixie LohMirmand, CEO of GITEX Africa’s organiser KAOUN International, who announced the event’s expansion plans during a Moroccan tour recently meeting key tech stakeholders, exhibitors, government entities and media. 

“That GITEX Africa is so well received in its inaugural edition is a strong validation of the world’s confidence and optimism in the growth of the African digital economy. Every company with an internationalisation strategy must partake in the digital revolution of the world’s most watched continent.”

Converging transformational technologies at Africa’s showpiece tech event

With the African Union’s bold mission to unify the continent into a secure Digital Single Market by 2030, GITEX Africa exhibitors are rousing optimism about the proliferation of trends shaping the continent’s tech ecosystem, from increased internet connectivity and a rampant start-up scene, to the rise of artificial intelligence and a flourishing fintech sector.

IBM, a global technology and consulting company, will utilise GITEX Africa 2023 to amplify their commitment to the continent.  Badrane Kaddour, Africa Partner Ecosystem Leader at IBM, said: “Our portfolio is built around hybrid cloud and AI, the two most transformational technologies of our time.  Our go-to-market approach brings together the necessary software, consulting, and infrastructure that our clients require, from across our expanding ecosystem of partners.

“Attending the inaugural GITEX Africa is an opportunity for us to highlight our commitment to the continent, expand our presence and market reach through our ecosystem of partners as well as showcase our latest technological innovations that are helping our customers increase productivity, reduce costs and fuel growth.”

With an African presence spanning more than two decades, global cybersecurity heavyweight Kaspersky is another exhibitor investing in Africa’s vast potential.  CEO Eugene Kaspersky commented: “For more than 20 years now we’ve been working to protect Africa’s businesses and ordinary users – securing the continent’s technologies and fast-growing economies.

Africa has a great story to share with the world in their digital cities evolution powered by a talented youth generation and future focused governments

“It’s important that we share expertise and exchange knowledge needed for protection against cyberthreats, which are constantly growing in both volume and sophistication. Today, we’re glad to be part of the first edition of GITEX Africa, the continent’s largest tech event – participation in which we deemed simply essential in helping to build a more secure digital world together.”

Moroccan exhibitors elevate Africa’s thriving tech revolution

Major players from Morocco’s tech landscape have also signed on for this much-awaited business venture, in-line with the North African country’s unifying economic mission, where 60 percent of its foreign investment is directed towards Africa. 

Maroc Data Center (MDC); MTDS, a leading cybersecurity and technological solutions provider; Ribatis, a provider of e-Gov platforms for African public administrations; and CASANET, a pioneer in the ICT industry, are among the Moroccan exhibitors with a joint mission to elevate Africa’s thriving tech revolution.

Yassir Lamrani, CEO at CASANET, said: “As one of the Moroccan tech pioneers, we would not miss this inaugural event that marks the start of a new era for Africa’s bold digital ambitions. The African tech ecosystem is one of the fastest growing in the world, and since GITEX Africa is the most sought-after tech event in the continent, we’re hoping to meet Africa’s brightest IT minds, and to connect with the African youth who hold the future of tech in Africa.”

GITEX Africa DIGITAL SUMMIT leads power-packed conference programme

Leadership dialogues and outcome focused meetings will meanwhile dominate at GITEX Africa via a power-packed multi-sectoral conference programme including The GITEX Africa DIGITAL SUMMIT and the GITEX AFRICA CEO Forum.

The GITEX Africa DIGITAL SUMMIT will unify 250-plus government and private sector leaders, policy makers, investors and academics, to steer Africa’s transformation into a single digital market.  Critical themes covered at the world’s most influential forum for dialogues, exchanges and collaborative intentions, range from analysing the current state of play in the continent’s digital economy, to fast-tracking an integrated and inclusive digital public infrastructure.

Lacina Koné, the DG and CEO of Smart Africa – the pan-African organisation driving the continent’s digital transformation – is a headline speaker at the two-day summit.  Smart Africa is an alliance of 36 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.

“I am pleased to see GITEX coming for the first time to Africa, the land of all digital opportunities,” said Kone, who will be part of a panel discussion titled: ‘Uniting Towards One African Market,’ adding that Smart Africa aims to achieve an inclusive multi-stakeholder approach that encourages innovation through data sharing and cross-border data flows while protecting individuals’ rights.  “We look forward to promising insightful exchanges at GITEX Africa where businesses will meet and decisions will be made.”

North Star scales African imagination converging 400-plus start-ups

GITEX Africa 2023 has also partnered with North Star, the world’s largest start-up event, to deliver North Star Africa, converging more than 400 start-ups – including 100 Moroccan start-ups – from across the globe to extend engagements, build connections, and scale imaginations in an African tech ecosystem where investment reached US$6.5 billion in 2022.

Saudi-headquartered food tech company NOMU Group is among those looking to foster prosperous partnerships in Africa.  “Africa’s start-up ecosystem has matured significantly with banks and governments creating mechanisms that support the start-up community,” said Shehab Mokhtar CEO & Co-Founder at Nomu Group, which operates the Jumlaty and Appetito e-grocery and food-tech start-ups in Saudi, Egypt, Tunisia, and Morocco.

“The African continent is emerging as a hotbed for foreign investment, due to the rise of mobile penetration, better internet infrastructure and a growing fintech start-up ecosystem.  At GITEX Africa, Nomu Group looks forward to connecting with tech innovators, start-ups, investors and global innovation hubs, while at the same time collaborating, and exploring new ventures in the world’s rising tech continent.”

More information is available at https://www.GITEXAfrica.com/

Distributed by APO Group on behalf of GITEX Africa.

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Nigeria’s Upstream Reform Program Captures 40% of Africa’s Final Investment Decision (FID) Activity After a Decade on the Margins

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A government three-year review documents how executive action under President Tinubu reversed a decade of upstream decline

JOHANNESBURG, South Africa, May 8, 2026/APO Group/ –Nigeria has gone from capturing 4% of Africa’s upstream final investment decisions (FIDs) to commanding 40% in two years, according to Nigeria’s Energy Sector Reforms 2023-2026: A Three-Year Review, published by the Office of the Special Adviser to the President on Energy and spearheaded by Special Adviser Olu Verheijen. The $50 billion project pipeline now in development beyond 2026 points to sustained capital commitment at a scale not seen in the Nigerian upstream for at least a decade.

 

Between 2014 and 2023, Nigeria was among the continent’s weakest performers for upstream FIDs despite holding 37.5 billion barrels of proven oil reserves, the second-largest endowment in Africa. Algeria captured 44% of African upstream FIDs during that period, Angola held 26%, while Nigeria trailed Mozambique, Ghana, Senegal and Namibia. In the third quarter of 2022, crude production briefly dropped below one million barrels per day, as years of underinvestment, pipeline vandalism and regulatory ambiguity compounded each other. However, reforms instituted by Nigeria’s President Bola Tinubu have dramatically turned this trend around. Through deliberate and coordinated steps, the government has reset the trajectory.

Addressing Fiscal Terms, Regulatory Scope and Contracting Speed

President Bola Tinubu’s administration moved simultaneously on fiscal terms and regulatory architecture. Policy directives in 2023 clarified the boundary of jurisdiction between the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), resolving an ambiguity that had complicated project sanctioning. Presidential Directive 40 introduced targeted tax incentives, and a separate Notice of Tax Incentives for Deep Offshore Production in 2024 was designed to draw international oil companies (IOCs) back into capital-intensive, long-cycle deepwater projects. The VAT Modification Order 2024 and Upstream Cost Efficiency Order 2025 addressed the cost structures that had rendered marginal projects uneconomic. NNPCL contracting timelines were compressed from 36 months to a maximum of six months.

Four Divestments Transferred Onshore Control to Indigenous Operators

In parallel, the administration deployed targeted security directives and accelerated ministerial consents for four IOC asset transfers. Renaissance acquired Shell’s onshore portfolio. Seplat Energy completed its acquisition of ExxonMobil’s Nigerian upstream interests. Oando took over from Agip, and Chappal acquired Equinor’s local assets. The four transactions totaled approximately $4 billion. The transfer of onshore and shallow-water blocks to indigenous operators contributed directly to production recovery. Output rose by approximately 400,000 barrels per day between 2023 and 2025 to reach 1.6 million barrels per day, the highest onshore production level in 20 years.

When a government rebuilds fiscal competitiveness and regulatory predictability at the same time, capital responds

Signed Projects Total $10 Billion, With a $50 Billion Pipeline Beyond

The reforms produced a concrete FID response from Shell and TotalEnergies. Shell Nigeria Exploration and Production Company (SNEPCo) sanctioned the $5 billion Bonga North deepwater development in December 2024 and committed a further $2 billion to the HI Non-Associated Gas (NAG) project. TotalEnergies and NNPCL took a joint FID on the $550 million Ubeta gas field development in June 2024.

Together those three commitments account for more than $10 billion in signed investment after a decade of near-zero sanctioning activity. The pipeline beyond 2026 spans a further $50 billion across 11 projects including Bonga South West, Owowo, Usan and Erha. Nigeria approved 28 field development plans valued at $18.2 billion in 2025 alone, targeting an estimated 1.4 billion barrels of reserves.

“When a government rebuilds fiscal competitiveness and regulatory predictability at the same time, capital responds,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “Nigeria has done both, and the FID numbers are concrete proof.”

The Counterfactual Illustrates How Much Was at Stake

The presentation includes a no-reform projection that puts the gains in context. Without intervention, total crude and condensate production was on track to fall from 1.371 million barrels of oil equivalent per day in 2022 to 579,000 by 2030. Under the reform trajectory, output reached 1.77 million barrels of oil equivalent per day in 2026, with a stated government target of 3 million barrels per day. Export gas utilization rose 39% over the same period, while domestic utilization grew by 7%.

The durability of these gains will be tested by two factors: whether the institutional architecture put in place under the Tinubu administration holds over the long term, and whether the deepwater commitments signed in 2024 and 2025 advance to execution on schedule. The project pipeline is large enough that partial delivery would still represent a generational shift in Nigeria’s upstream output profile.

 

Distributed by APO Group on behalf of African Energy Chamber.

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Angola Strengthens Global Investment Drive Across Oil, Gas and Mineral Resources

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With sweeping reforms across the extractive sector, Angola is entering a new phase defined by transparency, regulatory modernisation, value addition, and international partnership

LONDON, United Kingdom, May 8, 2026/APO Group/ –At a defining moment in Angola’s economic transformation, the Critical Minerals Africa Group (CMAG) (https://CMAGAfrica.com), together with the Government of Angola and the Ministry of Mineral Resources, Petroleum and Gas of the Republic of Angola (MIREMPET), will convene global investors, policymakers, and industry leaders in London for the Angola Oil, Gas & Mining Investment Conference on 14 May 2026.

 

More than a conference, this gathering represents a strategic international engagement at a time when Angola is actively reshaping its economic future and positioning itself as one of Africa’s most compelling destinations for long-term investment in natural resources, infrastructure, and industrial development.

With sweeping reforms across the extractive sector, Angola is entering a new phase defined by transparency, regulatory modernisation, value addition, and international partnership. The country’s leadership is sending a clear message to global markets: Angola is open for investment and ready to build transformational partnerships that support sustainable growth and economic diversification.

This is not simply about resource development, it is about building long-term industrial growth, strengthening energy and mineral supply chains, and shaping Angola’s future

The event will be headlined by H.E. Diamantino Azevedo, Minister for Mineral Resources, Oil and Gas of Angola, whose leadership since 2017 has been central to advancing Angola’s mineral and hydrocarbons agenda. Under his stewardship, Angola has accelerated institutional reform, strengthened governance frameworks, promoted private sector participation, and prioritised sustainable resource development.

As global demand intensifies for critical minerals, energy security, and resilient supply chains, Angola is uniquely positioned to become a strategic partner to international investors and industrial economies. The country’s vast untapped mineral wealth, significant oil and gas reserves, expanding infrastructure ambitions, and commitment to economic diversification present a rare investment window for global stakeholders.

Speaking ahead of the event, Veronica Bolton Smith, CEO of the Critical Minerals Africa Group said:

“Angola stands at a pivotal point in its national development. The reforms taking place across the country’s extractive sectors are creating unprecedented opportunities for responsible international investment and strategic partnership. This is not simply about resource development, it is about building long-term industrial growth, strengthening energy and mineral supply chains, and shaping Angola’s future as a globally competitive investment destination. We believe this moment represents one of the most important opportunities for international partners to engage with Angola’s leadership and participate in the country’s next chapter of economic transformation.”

The event is expected to attract a distinguished international audience, including sovereign representatives, institutional investors, mining and energy executives, infrastructure developers, development finance institutions, and strategic partners seeking direct engagement with Angola’s leadership.

Distributed by APO Group on behalf of Critical Minerals Africa Group (CMAG).

 

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The Islamic Development Bank (IsDB) Group Successfully Concludes Private Sector Roadshow in Baku

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Bringing together a diverse range of stakeholders, the Forum showcased IsDB Group services, activities, and initiatives across its 57 member countries, with particular emphasis on Azerbaijan

BAKU, Azerbaijan, May 7, 2026/APO Group/ –The Islamic Development Bank Group (IsDB) affiliates (www.IsDB.org) – namely the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), and the International Islamic Trade Finance Corporation (ITFC) – in cooperation with the Islamic Development Bank Group Business Forum (THIQAH), organized the “IsDB Group Private Sector Roadshow” in Baku, Azerbaijan, in close collaboration with the Ministry of Economy of the Republic of Azerbaijan and the Export and Investment Promotion Agency of the Republic of Azerbaijan (AZPROMO).

 

The high-profile event which took place on Thursday, 7th May 2026, at Azerbaijan’s Ministry of Economy, came as part of ongoing preparations for the upcoming IsDB Group Annual Meetings and Private Sector Forum (PSF 2026), scheduled to take place from 16 to 19 June 2026, under the high patronage of His Excellency President Ilham Aliyev, the President of the Republic of Azerbaijan.

 

Bringing together a diverse range of stakeholders, the Forum showcased IsDB Group services, activities, and initiatives across its 57 member countries, with particular emphasis on Azerbaijan. It highlighted the Group’s ongoing support for private sector development and its efforts to stimulate promising investment and trade opportunities in the Azerbaijani market.

 

The event also served as a unique opportunity inviting the audience to participate actively in IsDB Group Annual Meetings and the Private Sector Forum (PSF 2026). The program included panel discussions and specialized workshops on ways to enhance economic partnerships and the role of IsDB Group’s institutions in supporting the needs of member countries. The spectra of services, solutions and financial tools were also presented, including lines and modes of Islamic financing, trade finance and trade development solutions, corporate private sector financing, as well as risk mitigation solutions plus investment insurance and export credit insurance services.

 

Keynote speakers, in their speeches, underlined strong commitment to deepening engagement with the private sector and fostering meaningful partnerships that drive sustainable economic growth in light of the upcoming IsDB Group Annual Meetings in Baku, all to showcase integrated solutions especially in Islamic finance, trade, investment, and risk mitigation while working closely and collectively with private sector partners to unlock new opportunities, support innovation, and empower businesses contributing to inclusive and resilient development across IsDB Group member countries.

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

 

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