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Kenya’s businesses poised for huge pan-African trade growth – empowered by AfCFTA and IATF2023

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IATF2023

IATF2023 forecast to attract over 1,600 exhibitors, over 35,000 conference delegates and trade visitors from across Africa and beyond, and to result in US$43 billion of trade and investment deals being concluded

NAIROBI, Kenya, August 31, 2023/APO Group/ — 

Kenya’s positioning as the gateway to the East Africa region, together with the empowering effects of the African Continental Free Trade Area (AfCFTA) and the Intra-African Trade Fair (IATF2023), puts Kenyan businesses in a prime position to benefit from the huge growth opportunities for intra-African trade and investments. At today’s high-level business ‘Road to IATF2023’ event in Nairobi, Kenya, leading up to the third Intra-African Trade Fair (IATF2023), the organisers met the business community and government representatives to raise awareness and encourage participation at the trade fair. Organised by the African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in collaboration with the African Union (AU) and the African Continental Free Trade Area (AfCFTA) Secretariat, IATF2023 will be held from 9 to 15 November 2023 in Cairo, Egypt.

In his opening remarks, Afreximbank’s Mr. Denys Denya, Executive Vice President – Finance, Administration & Banking Services, extolled Kenya’s standing as the largest economy in East Africa, its vital leadership role in promoting intra-African trade and investments, and its positioning for production and service distribution. He also highlighted the unique and transformational opportunities that the AfCFTA and participation at the IATF2023 provides to Kenyan businesses and the East African region.

“The Roadshow seeks to provide the business community including SMEs, women, youth, with important information on the IATF’s relevance to Africa’s transformation. In that ambition we aim to empower the people of Kenya with information on trade and service as a rallying call for the full participation of the Kenyan business community during the IATF 2023.”

IATF2023 forecast to attract over 1,600 exhibitors, over 35,000 conference delegates and trade visitors from across Africa and beyond, and to result in US$43 billion of trade and investment deals being concluded.

Representing Hon. Moses Kuria, Cabinet Secretary, Ministry of Trade, Investments and Industry (MITI) of the Republic of Kenya, Mr. Alfred K’ Ombudo, Principal Secretary of the State Department for Trade (MITI), delivered the Keynote Address. He highlighted Afreximbank’s pivotal role as a strategic partner in advancing Kenya’s developmental goals and in addressing frontier issues that will enable intra-African trade to thrive. Mr. K’ Ombudo also spoke about how Kenya has intentionally positioned itself as a hub for foreign direct investment, serving as a source for quality goods and services. He further highlighted the nation’s proactive initiatives in the rollout of aggregation and industrial parks to promote a value chain approach. He emphasised that IATF2023 is an extremely important avenue for the African business community to establish continental networks and business contacts; and stressed the importance of all African countries being part of trade under the AfCFTA.

“If you want to trade internationally, it’s not just about bringing down tariffs, but it’s about dealing with borders. It’s about dealing with transport logistics. It’s about dealing with the shipping industry. It’s about making sure that your goods are able to arrive competitively. It’s about ensuring that you’re able to package your goods according to the requirements of the foreign market. It’s about making sure that you’re able to comply with the requirements in sanitary and phytosanitary measures and all of those issues. These are long standing long term industrial issues that we hope to work with you and with partners like Afreximbank to be able to deal with. Kenya is a key supporter of the AfCFTA.”

Giving an Afreximbank presentation, Dr. Gainmore Zanamwe, Ag. Director – Trade Facilitation and IATF, Afreximbank, spoke about how Afreximbank prides itself in being “a trade and project finance supermarket”. He highlighted the comprehensive range of trade facilitation and trade finance instrument that Afreximbank is implementing to support the AfCFTA.

If you want to trade internationally, it’s not just about bringing down tariffs, but it’s about dealing with borders

At Afreximbank “we no longer want to see our natural resources exported to faraway lands without adding value. So, what we’ve done is to throw in our financial muscle, and we are now focussing on promoting industrialisation and export development and intra-African trade and the implementation of the AfCFTA under our sixth strategic plan.”

In the vibrant and insightful panel session on the theme ‘Seizing the AfCFTA Advantage: Empowering Manufacturers, Exporters, Investors and relevant industry players’ the panellists discussed numerous topics about the benefits and opportunities created by the AfCFTA, and the impact of the trade fair, with particular focus on the context of the local Kenyan market and East African region. Among the numerous issues and insight voiced by the panellists were the need for improving trade enabling infrastructure; the momentum towards establishing pan-African standards in the automotive industry; the challenges around access to markets; the plan to build warehouses in Kenya to create an ecosystem enabling different manufacturers to transport their exports in one container. The panellists also acknowledged that the creative industry has various sectors and different  value chains. They also emphasised the importance of ‘buy Kenya, build Kenya’ for Kenyans to support the country’s economic growth and development; the need for Kenya to grow its exports beyond just the East African region to deliver growth, diversity and resilience; and the importance of Pan African Payment and Settlement System (PAPSS) in facilitating intra-African trade; as well as the need to build more industrial parks in Kenya to accelerate industrialisation, manufacturing and employment creation.

Delegates also enjoyed a vibrant question and answer session in which actionable insight was gleaned by the audience from the high-level panellists. Topics raised included tackling the inefficiencies and high costs of logistics; how the  youth in the fashion industry could raise the visibility of their products; the high cost of locally made products; how Kenya’s customs officers are facilitating exports; how the digital trade of creatives can be accelerated; the benefits of PAPSS in settling cross-border transactions; the high cost of electricity in Kenya adversely affecting the competitiveness of local manufacturing internationally; and the need for strong and enduring Kenyan brands.

In his Closing Remarks, H.E. Wael Attiya, Ambassador of the Arab Republic of Egypt to Kenya, praised the intriguing and inspiring interventions of the speakers at the Kenya roadshow and the evident enthusiasm for the AfCFTA in both Kenya and Egypt. He also commented on Kenya being viewed by many as the gateway to the East Africa region.

“What we need to do is to eliminate the borders, and in this context, the trade barriers between African countries, and then it will be Africa against the outside world.” The Ambassador extended his warm invitation to all the stakeholders to IATF2023 in Cairo, Egypt and assured the delegates that all the visa processes will be facilitated.

The IATF2023 roadshow in Nairobi empowered the Kenyan private sector with information about opportunities and benefits of participating in the IATF2023, and its role in supporting African integration and the success of the AfCFTA. IATF2023 is Africa’s premier trade and investment fair and is being held from 9 to 15 November in Cairo. As Africa’s largest trade and investment fair, the event is not to be missed for importers and exporters looking to take advantage of a single market of 1.4 billion people created by the AfCFTA with a combined Gross Domestic Product of over US$3.5 trillion.

The highly successful inaugural Intra-African Trade Fair held in Cairo, Egypt, in 2018 was followed by an even more successful IATF2021 hosted in Durban, South Africa. Collectively, the two editions of the Trade Fair brought together more than 2,500 exhibitors from 77 countries and generated over US$74 billion in trade and investment deals, demonstrating the immense potential that exists for intra-African trade. Building on this success, the third edition (IATF2023) being held in Cairo, Egypt, in November 2023, will again provide an opportunity for exhibitors to showcase their goods and services, engage in Business to Business (B2B) and Business to Government (B2G) exchanges, and conclude business deals which will ensure that the momentum toward greater intra-African trade is sustained.

To register and be part of IATF2023, interested exhibitors, buyers, trade visitors and delegates are invited to visit www.IntrAfricanTradeFair.com and sign up.  Follow our social media to get up-to-date information as well.

Distributed by APO Group on behalf of Afreximbank.

Business

Port Community Systems (PCS) as the crisis backbone: how trade disruption makes digital port infrastructure non-negotiable (By Alioune Ciss)

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Port Community Systems

With PCS, ports can dynamically allocate resources, adjust workflows, and reprioritize cargo flows using real-time data and coordinated processes

DUBAI, United Arab Emirates, May 19, 2026/APO Group/ —By Alioune Ciss, Chief Executive Officer, Webb Fontaine (https://WebbFontaine.com).

When global trade flows normally, Port Community Systems (PCS) are often viewed as efficiency tools. They digitize paperwork, connect stakeholders, reduce delays, and improve visibility across port ecosystems. However, the true impact and strategic importance of PCS become most apparent when a crisis hits.

Whether caused by geopolitical conflict, canal restrictions, rerouted shipping lanes, cyber risk, labor disruption, or sudden regulatory shifts, modern supply chain shocks remind us that ports without strong digital coordination struggle to adapt, whereas ports with robust PCS infrastructure are better positioned to keep cargo moving. In today’s environment, PCS has become a critical infrastructure.

Disruption is not an exception anymore

Global maritime trade has entered a more volatile era where disruption is structural. Let’s review the recent events to understand the scale of impact:

  • Around 2,000 ships were reportedly stranded during the recent Strait of Hormuz (https://apo-opa.co/4dii0lb) crisis.
  • The Red Sea crisis (https://apo-opa.co/4dz5gFA) led to more than 190 attacks on vessels by late 2024, forcing widespread rerouting and increasing transit times by up to two weeks.
  • The Suez-linked corridor (https://apo-opa.co/4dz5gFA), which carries roughly 10–12% of global maritime trade, experienced sharp volume declines during the disruption.
  • Supply chains across the Middle East, Africa, and Europe faced cascading effects, including congestion, cost increases, and schedule instability.

At the same time, the global port industry itself is undergoing rapid transformation. According to the International Association of Ports and Harbors (IAPH), ports are accelerating digitalization and strengthening resilience capabilities in response to geopolitical and operational uncertainty. This is the new reality: routes shift, volumes spike, and conditions change faster than traditional systems can handle.

Why PCS matters most during a crisis

When vessel schedules collapse, or cargo volumes suddenly spike, physical infrastructure alone is not enough. Cranes, berths, gates and yards also need coordination. That is where PCS becomes the backbone of resilience.

A PCS is not just a digital tool; rather, it’s a shared operational layer. It connects shipping lines, terminals, customs, freight forwarders, transport operators, and authorities through a single data environment, enabling synchronized decision-making across the ecosystem.

Instead of exchanges through emails, phone calls, Excel files, or siloed systems that generate delays and errors, the PCS enables seamless and real-time coordination.

1. Real-time visibility across the ecosystem

When vessels are delayed or rerouted, fragmented communication becomes a liability.

PCS enables real-time visibility across:

  • vessel arrivals and berth planning
  • cargo status and documentation
  • customs readiness and inspections
  • gate operations and inland logistics

Instead of fragmented updates, stakeholders operate from a shared, trusted data environment.

When shipping lanes shift overnight, policies change, and when uncertainty increases, the strongest ports are the ones that are the most ‘connected’

In a crisis, the speed of information becomes the speed of recovery.

2. Faster decision-making under pressure

Sudden disruptions create immediate operational stress:

  • surges in transshipment volumes
  • yard congestion risks
  • inspection bottlenecks
  • inland transport delays

Without digital coordination, responses are reactive and slow.

With PCS, ports can dynamically allocate resources, adjust workflows, and reprioritize cargo flows using real-time data and coordinated processes.

3. Customs and border continuity

Cargo cannot move if border agencies cannot move.

According to joint guidance from the World Customs Organization (WCO) and International Association of Ports and Harbors (IAPH), interoperability between Customs systems and PCS is essential for coordinated border management, risk control, and secure data exchange (https://apo-opa.co/3PLcs9P).

In crisis conditions, this becomes critical. Governments must introduce new controls, risk filters, or emergency procedures quickly, without disrupting trade flows. PCS enables this  balance.

4. Trust and transparency for the market

Importers, exporters, and carriers can tolerate disruption more than uncertainty. What they need is visibility.

PCS provides transparency across the supply chain, allowing stakeholders to track cargo status, anticipate delays, and plan accordingly. This transparency builds trust and reduces the systemic risk of panic-driven inefficiencies.

Operational resilience is the key

As we all know, the classic PCS discussions focus on key KPIs such as:

  • reduced turnaround time
  • fewer documents
  • lower administrative cost
  • faster truck processing

But today, the most important KPI is “readiness”: If a major trade corridor shifts tomorrow, can your port ecosystem adapt in real time?

To answer “Yes” to this question, a future-ready PCS should include:

  • real-time event management
  • integrated stakeholder communication
  • predictive congestion alerts
  • interoperability with customs and regulatory systems
  • scalable architecture for demand spikes

“For years, ‘efficiency’ was key when it comes to PCS. However, today, the key is ‘resilience’… When shipping lanes shift overnight, policies change, and when uncertainty increases, the strongest ports are the ones that are the most ‘connected’… Therefore, we should treat PCS as a crisis backbone of trade, not an IT efficiency initiative.
[Alioune Ciss, CEO, Webb Fontaine]

The Next Evolution: Intelligent PCS

PCS is now entering a new phase. Next-generation systems are evolving into data-driven platforms that support predictive analytics, AI-enabled decision-making, and proactive risk management (https://apo-opa.co/4eQ93Rg).

In other words, today, ports need systems that help orchestrate responses. Solutions such as Webb Ports (https://apo-opa.co/42F3gqq) from Webb Fontaine reflect this shift. By connecting all port stakeholders through a unified platform, anticipating congestion before it happens, simulating operational scenarios, and optimizing resource allocation dynamically, we enable faster coordination, better visibility and more agile responses when disruptions occur.

Distributed by APO Group on behalf of Webb Fontaine.

 

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Energy

Rand Refinery Joins African Mining Week (AMW) as Silver Sponsor Amid Regional Market Expansion Strategy

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Energy Capital

African Mining Week 2026 will showcase lucrative investment, partnership, and knowledge-exchange opportunities across Africa’s gold downstream sector, as Rand Refinery intensifies its investment and expansion strategy across the continent

CAPE TOWN, South Africa, May 19, 2026/APO Group/ –Amid a strategy to expand from a South Africa-focused refiner into a pan-African downstream leader, Rand Refinery has joined African Mining Week (AMW), an Influential African Mining Conference, scheduled for October 14-16, 2026 in Cape Town, as a silver sponsor.

Rand Refinery’s participation reflects a broader strategic alignment between the company’s expansion agenda and AMW’s focus on supporting and enabling local beneficiation and promoting artisanal and small-scale mining (ASM) responsible sourcing frameworks.

 

In terms of volumes, the latest market information indicates that Africa produces 1000tpa of mined gold (more than any other continent), with large-scale mining (LSM) and ASM being almost evenly balanced (500tpa production each). On its current trajectory, African ASM volumes are expected to eclipse those of LSM.

 

The focus on ASM as a transformational imperative is valid, and Rand Refinery is an active participant in the precious metals supply chain, working alongside other upstream and downstream actors to ensure that the communities and countries with gold resources benefit in a sustainable manner.

 

Under the theme Mining the Future: Unearthing Africa’s Full Mineral Value Chain, AMW 2026 offers a critical interface between refiners, miners, regulators, and financial institutions, as African countries intensify efforts to capture more value from responsible mineral production.

 

A key pillar of Rand Refinery’s 2026 strategy is its expansion into high-growth gold markets beyond South Africa. In January 2026, the company partnered with Ghana’s Gold Coast Refinery (GCR) to support the Ghana Gold Board to locally refine artisanal and small-scale (ASM) gold and elevate responsible sourcing standards in West Africa. The partnership also positions Rand Refinery in a rapidly growing and historically fragmented supply segment: ASM operations, enabling the company to enhance traceability and strengthen compliance with global standards for ethical sourcing and anti-money laundering.

 

The partnership potentially allows the monetization of ASM supply streams in the formal gold ecosystem, complementing Rand Refinery’s established role in refining output from responsible large-scale producers. AMW 2026 represents a timely platform for the company to provide an update on its projects and contribution to Africa’s gold sector.

 

As demand for regional refining capacity expands, along with central bank buying programs, companies such as Rand Refinery will be crucial.

 

Central bank gold purchases are projected to average around 585 tons per quarter in 2026, underscoring sustained global demand. In Africa, gold now accounts for approximately 17% of total reserves – up from less than 10% in 2022–2023 – while physical holdings increased from 663 tons in 2022 to an estimated 738 tons in 2025.

 

This upward trajectory is driving demand for trusted refining and value addition services, positioning Rand Refinery as a key partner in the region. Against this backdrop, AMW provides a strategic platform for central banks and gold buyers to engage directly with one of the world’s largest integrated single-site precious metals refining and smelting complexes and strengthen regional beneficiation and national reserve strategies.

 

At AMW, Rand Refinery executives will participate in panel discussions and networking sessions, engaging stakeholders on partnership opportunities that support a more integrated, transparent and value-driven African gold ecosystem.

Distributed by APO Group on behalf of Energy Capital & Power.

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Business

Applications open for the 2027 Meltwater Entrepreneurial School of Technology (MEST) Africa AI Startup Program

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Meltwater

Join a global community of AI entrepreneurs

ACCRA, Ghana, May 19, 2026/APO Group/ –The Meltwater Entrepreneurial School of Technology (MEST) (https://Meltwater.org), has opened applications for the second edition of the MEST AI Startup Program, a fully-funded, immersive experience designed to equip Africa’s most promising AI entrepreneurs with the technical, business, product, and leadership skills to build and scale globally competitive AI startups.

Over a seven-month training phase, the MEST AI Startup program will provide founders with hands-on instruction, technical mentorship, and business coaching from global experts to develop AI-powered solutions. The top startups will then advance to a four-month incubation period to refine products, sharpen go-to-market strategies, and secure market traction. At the end of incubation, startups have the opportunity to pitch for pre-seed investment of up to $100,000 and join the MEST Portfolio.

We are excited to support the next generation of African AI founders through training delivered by some of the most knowledgeable experts in the industry

The inaugural cohort brought together founders from seven African countries who are already building transformative AI solutions across industries. Building on the momentum of the first edition, the 2027 intake reflects MEST Africa’s continued commitment to ensuring African entrepreneurs play a defining role in the future of artificial intelligence.

According to Emily Fiagbedzi, AI Startup Program Director, the urgency of investing in African AI talent has never been greater.

“AI technology is advancing at an extraordinary pace, and meaningful participation in the global AI economy requires more than access to tools, it requires the ability to build,” she said. “This program is designed to help talented African founders develop solutions to real challenges while positioning them to compete globally. We are excited to support the next generation of African AI founders through training delivered by some of the most knowledgeable experts in the industry from organizations including OpenAI, Perplexity, Google, and Meltwater”

For the 2027 intake, the program is open to African founders based in Ghana, Nigeria, Senegal, and Kenya aged 21–35 with software development experience who want to start their own AI startup.

Apply now at https://apo-opa.co/3ReIQSI

Distributed by APO Group on behalf of The Meltwater Entrepreneurial School of Technology (MEST Africa).

 

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