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Islamic Finance Forum to Explore Achieving Shared Prosperity through Social Entrepreneurship

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Islamic Finance

Under the theme ‘Social Entrepreneurship for Shared Prosperity’, the forum will be held on 2 June 2022 in Sharm El Sheikh, Egypt

SHARM EL SHEIKH, Egypt, May 31, 2022/APO Group/ — 

The Islamic Development Bank (IsDB) Institute (www.ISDBInstitute.org) is organizing the 16th IsDB Global Forum on Islamic Finance to discuss the role of social innovation and entrepreneurship in confronting poverty and fostering shared prosperity in IsDB member countries.

Under the theme ‘Social Entrepreneurship for Shared Prosperity’, the forum will be held on 2 June 2022 in Sharm El Sheikh, Egypt, in conjunction with the 2022 Annual Meeting of the IsDB Group.

H.E. Dr. Muhammad Al Jasser, the President of IsDB, will deliver the opening speech, while H.E. Dr. Hala Helmy El Said, Egyptian Minister of Planning and Economic Development and IsDB Governor, will deliver a keynote address.

The forum aims to use Egypt as the case study to highlight innovative approaches to address the socio-economic challenges and achieve shared prosperity globally

During the panel sessions, prominent development practitioners and experts in social innovation will discuss the intractable social problems facing humanity and some of the best ways to address the challenges.

Social problems have been exacerbated across the world by the impact of COVID-19 pandemic. The forum aims to use Egypt as the case study to highlight innovative approaches to address the socio-economic challenges and achieve shared prosperity globally.

The forum will have two interrelated panel sessions. The first session will highlight the IsDBI-OPHI Briefs, jointly developed by IsDBI and the Oxford Poverty and Human Development Initiative (OPHI) at the University of Oxford, to analyse multidimensional poverty in Egypt using the global Multidimensional Poverty Index. In the wake of massive reversals of gains in poverty reduction as result of the COVID-19 pandemic, this analysis report has become more relevant and critical to assess the situation and identify effective and efficient poverty reduction solutions.

The second panel session will be on the role of social innovation and entrepreneurship in addressing socio-economic challenges and poverty trends, and the growing need for innovative solutions to the emerging socio-economic challenges of IsDB member countries.

Speakers in the first panel session are Dr. Sabina Alkire, Director of OPHI; Dr. Ahmed Kamali, Deputy Minister of Planning and Economic Development, Egypt; and Dr. Sami Al-Suwailem, Acting Director General of the IsDBI and IsDB Group Chief Economist. The panel will be moderated by Dr. Areef Suleman, Director of Economic Research & Statistics at IsDBI.

The second session will have H.E. Dr. Tarek Shawki, Minister of Education and Technical Education, Egypt; Ms. Nisrine Ouazzani Chahdi, Managing Director of Moroccan Centre for Innovation & Social Entrepreneurship (MCISE); Mr. Sahba Sobhani, Director of UNDP Istanbul International Center for Private Sector in Development (IICPSD); and Nr. Ayman Sabae, Co-founder and CEO of the Egyptian Social Enterprise ‘Shamseya’ for Innovative Community Healthcare Solutions. Dr. Rami Abdelkafi, Team Leader, IsDBI Knowledge Leaders, will moderate the session.

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

Energy

Seychelles Targets Energy Investment Push as Minister Jérémie Joins African Energy Week (AEW) 2026 as a Speaker

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African Energy Chamber

Seychelles energy minister will speak at AEW 2026, positioning her to highlight reforms, renewable projects and investment opportunities as the island nation advances its transition toward a diversified energy system

CAPE TOWN, South Africa, April 29, 2026/APO Group/ –Marie-May Jérémie, Minister of Environment, Climate, Energy and Natural Resources for Seychelles will participate as a speaker at this year’s African Energy Week (AEW) 2026, taking place from October 12–16 in Cape Town. Her participation underscores the country’s growing role in shaping Africa’s small-island energy transition agenda.

Minister Jérémie’s presence at AEW 2026 comes at a critical time as Seychelles accelerates efforts to reduce its heavy reliance on imported fossil fuels. The event provides a platform to attract investment, strengthen policy alignment and showcase bankable projects, positioning the country as a viable destination for private-sector participation in island energy systems.

Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments

In May last year, international finance institution the World Bank approved the Renewable Energy Acceleration Program, a seven-year initiative aimed at modernizing the grid and increasing renewable energy penetration to 15% by 2030. The program focuses on unlocking private capital while strengthening transmission infrastructure to accommodate variable renewable energy sources.

Project development is gaining traction in the country, particularly in innovative technologies suited to Seychelles’ land constraints. The 5.8 MW Seysun Lagoon floating solar PV project, developed by independent renewable power producer Qair, is under construction and expected online in 2026.

Alongside renewables, Seychelles continues to pursue upstream opportunities to diversify its economy. The government approved new exploration entrants in 2025 and extended exiting petroleum agreements, while securing an infrastructure partnership with China. Multilateral estimates suggest over $800 million in investment will be required over the next 25 years.

Regulatory reform is central to this transition, with Seychelles introducing an independent power producer framework to open the market to private developers. Standardized power purchase agreements, grid access reforms and strengthened public-private partnership structures are being implemented to improve transparency, reduce risk and accelerate project bankability across solar, storage and emerging wind opportunities.

“Minister Jérémie’s participation highlights the strategic importance of island nations in Africa’s broader energy transition,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments. Her insights will be critical to advancing dialogue on resilient, low-carbon energy systems across the continent.”

Distributed by APO Group on behalf of African Energy Chamber.

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Business

Canada–Africa Financing Forum to Convene Investors and Decision-Makers in Cape Town – May 14, 2026

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Ateau Zola

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships

TORONTO, Canada, April 29, 2026/APO Group/ –The Canada–Africa Chamber of Business (https://CanadaAfrica.ca) will convene investors, financiers, policymakers, and industry leaders in Cape Town on May 14, 2026 for the Canada–Africa Financing Forum—a high-level platform focused on unlocking capital and accelerating deal flow across African markets.

Registration is open (http://apo-opa.co/4vZN6oV)

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships. The program connects leaders from venture capital, private equity, and institutional investors to examine where capital is moving—and where the next opportunities lie—supported by Canadian project partners with proven capacity to deliver on-the-ground.

Delegates will engage directly with finance and investment decision-makers, following the program opening, featuring messages from President Cyril Ramaphosa and Prime Minister Mark Carney, in addition to high-level Ministerial representation.

This Forum is about capital deployment, not just conversation

“This Forum is about capital deployment, not just conversation,” said Garreth Bloor, President of the Canada–Africa Chamber of Business. “We are convening investors, institutions, and project leaders who are actively shaping transactions across Africa—and connecting them directly with Canadian partners who are ready to work together.”

The Canada–Africa Financing Forum reflects the Chamber’s role as a privately financed, market-led platform advancing Canada-Africa trade and investment through world-class networking and information-sharing events.

Why Attend

  • Direct access to active dealmakers and capital allocators
  • Insights into where capital is being deployed and key players delivering major projects
  • Opportunities to build partnerships across Canada and African markets
  • Participation in a curated, high-level environment focused on execution

Secure Your Place

Space is limited and demand is strong.

Apply to secure your place (http://apo-opa.co/4vXb9oz)

Read More and View the Program (http://apo-opa.co/4vZN6oV)

Distributed by APO Group on behalf of The Canada-Africa Chamber of Business.

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Business

ORUN and 1xBET Partner to Support a Dynamic Creative Africa

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MIR Holding

During the MASA 2026 edition, held from April 11 to 18, 2026, ORUN and 1xBET implemented the We Champion Talent program, an initiative aimed at promoting African talent and advancing the development of Cultural and Creative Industries (CCIs)

ABIDJAN, Ivory Coast, April 28, 2026/APO Group/ –As part of the Innovation Village co-organized with MASA at the Palais de la Culture in Abidjan from April 14 to 18, ORUN (https://ORUN.Africa) announces the rollout of its partnership with 1xBET to support a creative Africa that is structuring itself, professionalizing, and scaling across the continent.

We aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency

Designed as a space of convergence between heritage, innovation, and knowledge transmission, the Innovation Village features scenography crafted by Ivorian artisans, a program of panels and masterclasses on creative industries, an immersive experience produced by Orun Studios, and a major institutional highlight on April 17. Its narrative platform is built around three pillars: memory, structure, and transmission. The initiative aims to position cultural and creative industries as an economic driver for the continent.

“The Innovation Village was conceived as an act of construction. By partnering with organizations such as 1xBET, we aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency,” said Habyba Thiero, CEO of Africa Currency Network and President of ORUN.

This vision aligns with ORUN’s broader ambition to produce, structure, and internationalize African creative industries through events, content, and strategic partnerships.

Distributed by APO Group on behalf of ORUN, part of African Currency Network (ACN).

 

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