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Luanda International Fair (FILDA) 2024 Closes with 1,771 Participating Companies and Focus on Food Security and International Partnerships

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Luanda International Fair

The fair confirmed itself as a crucial event for establishing Angola on the global trade and investment map, attracting international attention and promoting the country’s economic diversification

LUANDA, Angola, July 30, 2024/APO Group/ — 

The 39th edition of the Luanda International Fair (FILDA) (www.FILDA-Angola.co.ao), held from July 23 to 28 in the Luanda-Bengo Special Economic Zone, concluded yesterday with remarkable success, highlighting the participation of 1,771 companies and a significant focus on “Food Security and International Partnerships.”

Angola’s largest business fair was attended by the Vice-President of the Republic, Esperança da Costa, the Minister of State for the Social Area, Maria do Rosário Bragança, the Prime Minister of Portugal, Luís Montenegro, the Minister of Transport, Ricardo D’Abreu, the Minister of Planning, Victor Hugo Guilherme, the Minister of Industry and Commerce, Rui Minguês, the Minister of Finance, Vera Daves de Sousa, João Baptista Borges, Minister of Energy and Water, the Governor of Luanda, Manuel Homem, among various international delegations, ambassadors, and diplomats, reinforcing international partnerships and Angola’s commitment to economic diversification and sustainable development.

During the opening ceremony, the Minister of State for the Social Area, Maria do Rosário Bragança, representing the President of the Republic, emphasized the importance of FILDA for strengthening local value chains and promoting economic diversification through international partnerships.

According to the event organizer, Bruno Albernaz, CEO of Grupo Arena, this edition of FILDA decided to honor the Lunda-Cokwe culture, recognizing its crucial role in the development of the artisanal industry and the generation of family incomes. The event recorded over 80,000 visitors and attracted more than 1,771 companies from various sectors and countries, consolidating Angola’s position as an attractive center for international business.

International Participation

  • Italy: With direct support from the Italian Trade Agency (ICE), Italy marked its presence with thirteen companies from sectors such as food, agriculture, oil and gas, industry, equipment, construction, and restoration, standing out for the robustness of their participation. Trade exchanges between the two countries exceeded 840 million euros in the first half of 2024, reflecting Italian investors’ confidence in the Angolan market.
  • Brazil: Brazil confirmed its position as a strategic partner with the presence of 16 companies in various sectors such as beverages, health, logistics, livestock, civil construction, and security, strengthening the solid relations between Angola and Brazil. With direct support from the Brazilian Export and Investment Promotion Agency (ApexBrasil), Brazilian companies continue to seek opportunities to establish and expand business contacts and market positioning.
  • Canada: Canada communicated its intention to expand its presence in Angola through substantial investments, specifically US$6 billion in the mining sector, demonstrating its commitment to the growth and stability of the Angolan market and seeking new strategic partnerships.
  • Portugal: The visit of the Prime Minister of Portugal, Luís Montenegro, was a significant moment. With 22 participating companies, Montenegro participated in the Angola-Portugal/2024 Economic Forum, addressing topics such as the agro-industrial sector in Angola, challenges and opportunities, and the importance of logistics chains and certification. Portuguese companies were represented with direct support from the Portuguese Business Association (AEP).
  • United States: The 2nd Business Forum between the United States of America and Angola highlighted the expansion of bilateral relations, especially after the recent meeting between Presidents João Lourenço and Joe Biden. The American ambassador to Angola, Tulinabo Mushingi, graced FILDA with his presence and emphasized the growing importance of bilateral trade and investments as drivers for Angola’s economic development.
  • China: The China and Portuguese-Speaking Countries Business Forum, held on the third day, was a key moment, with China reiterating its commitment to the sustainable development of Lusophone countries. Trade relations between Angola and China reached a significant level, with a business volume of US$30 billion last year, underscoring the importance and dimension of this strategic partnership.
  • Germany: Germany marked its presence with 12 companies from the energy, renewable energy, and industry sectors.
  • Belarus: Belarus was represented by 6 companies related to the machinery and agriculture sectors.
  • Indonesia: Indonesia was represented in its first participation with 6 companies from the trade, cosmetics, and pharmaceutical industry sectors.
  • South Korea: Making its debut at FILDA, South Korea was represented by 4 companies from the pharmaceutical industry and machinery sectors.

FILDA 2024 served as a platform for critical discussions on logistics, certification, and financial instruments, fundamental for strengthening food security and promoting the quality of Angolan products. Held in the Luanda-Bengo Special Economic Zone, FILDA reflects Angola’s efforts to improve the business environment through significant political, economic, and social reforms. This year, the fair confirmed itself as a crucial event for establishing Angola on the global trade and investment map, attracting international attention and promoting the country’s economic diversification. The Luanda International Fair (FILDA) is one of the most important business events in Angola, functioning as a platform for national and international companies to showcase their innovations, strengthen their business networks, and promote sustainable economic development.

Distributed by APO Group on behalf of Luanda International Fair (FILDA).

Energy

U.S.-Africa Energy & Minerals Forum Expands to Critical Minerals and Supply Chain Security

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Africa

This year’s U.S.-Africa Energy & Minerals Forum in Houston signals a strategic shift toward integrated energy and critical minerals investment, strengthening U.S. partnerships across Africa’s resource and industrial value chains

HOUSTON, United States of America, February 26, 2026/APO Group/ –The U.S.-Africa Energy & Minerals Forum (USAEMF) has relaunched with a dedicated focus on critical minerals, marking an important evolution in its role as a platform for U.S.-Africa commercial engagement. Building on its foundation in energy, power and industrial projects, the forum’s expanded scope positions it at the center of investment conversations shaping the future energy economy.

 

Scheduled for July 21–22, 2026, in Houston, Texas, USAEMF comes at a time of surging global demand for copper, cobalt, lithium, manganese and rare earth elements, driven by electrification, battery storage, AI infrastructure and advanced manufacturing. Africa is increasingly critical to securing these materials, highlighting how energy and minerals are now interconnected pillars of industrial growth, geopolitical stability and decarbonization.

The forum’s minerals mandate deepens engagement with African producers – particularly the Democratic Republic of Congo (DRC), home to some of the world’s largest copper and cobalt reserves. Momentum is building through the U.S.–DRC strategic minerals framework and the U.S.-backed Orion Critical Mineral Consortium, a major investment platform supported by the DFC and private partners. The consortium is pursuing a 40% stake in the Mutanda and Kamoto copper-cobalt operations in a $9 billion transaction, securing long-term supply for allied markets while reinforcing cooperation on infrastructure, security and supply-chain governance.

Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties

U.S. financing is also expanding across the region, with the DFC managing a continental portfolio exceeding $13 billion to support mining, processing and transport infrastructure for critical mineral supply chains. Recent commitments include rare earth, graphite and potash projects in Malawi, Mozambique and Gabon; broader investments in Uganda, Tanzania, Zambia and South Africa; and $553 million linked to the development of the Lobito Corridor. The DFC is also a major backer of TechMet, a U.S.-supported investment firm valued at over $1 billion, which is raising up to $200 million to expand copper, cobalt, lithium and rare earth assets and pursue new opportunities across the DRC and Zambia. Together, these initiatives underscore Washington’s push to diversify battery-mineral supply while positioning Africa as a long-term partner in clean energy and industrial value chains.

Houston’s role as host city reflects the alignment between American industrial capacity and African resource development. Long established as a global energy hub, the city is expanding into energy transition technologies, advanced materials, carbon management and industrial innovation. By convening African governments with U.S. private equity, development finance institutions, exporters, insurers and technical service providers, the forum creates a commercial platform capable of converting mineral potential into bankable projects.

“The evolution from USAEF to USAEMF reflects a broader shift toward integrated energy and mineral development,” states Nadine Levin, Portfolio Director at Energy Capital & Power, forum organizers. “Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties and advances projects that deliver long-term shared value.”

While critical minerals define the forum’s strategic expansion, the U.S.’ longstanding role in Africa’s energy sector remains central to the platform’s value proposition. American energy companies continue to advance exploration and development across key upstream markets, support gas monetization in the Gulf of Guinea and revitalize mature production in North Africa. U.S. export credit and development finance are also helping unlock large-scale LNG capacity in Mozambique while supporting optimization and expansion across existing gas infrastructure in West Africa – demonstrating how American capital, engineering expertise and risk-mitigation tools convert resource potential into delivered energy systems.

USAEMF is the leading platform connecting U.S. capital and technical expertise with Africa’s energy and minerals sectors. For more information or to participate at the upcoming forum, please contact sales@energycapitalpower.com

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

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Business

Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

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Pesalink

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders

NAIROBI, Kenya, February 26, 2026/APO Group/ —

  • Instant 24/7 bank-to-bank transfers across African borders in local currencies.
  • Simpler cross-border payments for individuals, businesses, and SMEs.
  • 80 plus Pesalink network participants now linked to 160 plus PAPSS participating banks.

 

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration.

 

The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This reduces complex correspondent banking requirements and reliance on foreign reserve currencies.

 

Kenyan banks will now be able to offer faster, cheaper cross-border payments

PAPSS, an initiative of the African Export-Import Bank (Afreximbank) in collaboration with the African Union and the AfCFTA Secretariat, enables cross-border payments between African countries. Pesalink is now a Technical Connectivity Provider. It means that 80 plus Kenyan bank, fintech, SACCO and telco participants on the Pesalink network will be connected to 160 plus commercial banks and fintechs on the PAPSS platform.

 

Cross-border payments remain expensive and slow for many African businesses. The 2023 (http://apo-opa.co/4baDSh7) World Bank Remittance Prices report indicates that sending money across African borders incurs on average 7-8% of the total value sent (above the global average of 6–7%). Settlement can also take three to seven business days.

 

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders.

 

Speaking during the partnership signing held at Pesalink offices in Nairobi, PAPSS CEO Mike Ogbalu III said, “For PAPSS to deliver true impact, collaboration with national and private switches like Pesalink is essential. Pesalink is the first switch we’ve piloted for transaction termination in Kenya, and we are already seeing greater adoption by opening more channels for seamless, local-currency cross-border payments across Africa.”

 

Pesalink CEO, Gituku Kirika, said “Kenyan banks will now be able to offer faster, cheaper cross-border payments. They will be helping their customers grow more regional trading relationships and thrive in a more integrated digital economy.”

Distributed by APO Group on behalf of Afreximbank.

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Events

Africa Trade Conference Returns to Cape Town with Esteemed Speakers Driving Africa’s Trade Agenda

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Africa

Second edition convenes global policymakers, business leaders, and innovators to accelerate Africa’s integration into global trade

CAPE TOWN, South Africa, February 26, 2026/APO Group/ –Access Bank Plc (www.AccessBankPLC.com) is proud to announce the distinguished line-up of speakers for the second edition of the Africa Trade Conference (ATC 2026), scheduled to take place on March 11, 2026, at the Cape Town International Convention Centre, Cape Town, South Africa. Building on the strong foundation of its inaugural edition, ATC 2026 will convene an exceptional assembly of global and African leaders, policymakers, investors, and business executives committed to shaping the future of trade on the continent.

The Africa Trade Conference has rapidly emerged as a premier platform for advancing dialogue and action around Africa’s evolving role in global commerce. The 2026 edition will feature influential voices from across finance, government, development institutions, and the private sector, who will share insights on unlocking trade opportunities, strengthening intra-African commerce, enabling business expansion, and positioning African enterprises for global competitiveness.

The confirmed speakers represent a powerful cross-section of leaders driving Africa’s economic transformation.

Building on the momentum of its maiden edition, which convened senior decision-makers from 28 countries, the 2026 conference with the theme “Turning Vision into Velocity: Building Africa’s Trade Ecosystem for Real-World Impact”, will have the keynote address delivered by Kennedy Mbekeani, Director General, Southern Africa Region, African Development Bank (AfDB), alongside Kwabena Ayirebi, Managing Director, Banking Operations at the African Export-Import Bank. Their joint keynote will address the evolving financing landscape for African trade and the strategic pathways for unlocking continental prosperity.

The welcome address will be delivered by Roosevelt Ogbonna, CEO/GMD, Access Bank Plc, who will set the tone for discussions centered on trade transformation, financial inclusion, and regional competitiveness, while Tolu Oyekan, Managing Director & Partner at Boston Consulting Group, will deliver insights on “Africa Trade Outlook 2026”, examining emerging macroeconomic trends, supply chain shifts, and growth opportunities across key sectors.  The CEO of Pan-African Payment and Settlement System, Mike Ogbalu, will be engaging the conference participants on the topic, “Building a Connected Africa Through Trade, Payments & Technology”, focusing on how payment interoperability and digital infrastructure can accelerate the African Continental Free Trade Area (AfCFTA) agenda.

The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us

The conference will also host a High-Level Ministerial Panel that features Elizabeth Ofosu-Adjare, the Minister for Trade, Agribusiness & Industry, Ghana; Tiroeaone Ntsima, Minister of Trade and Entrepreneurship, Botswana; Mr. Florian Witt, Divisional Head, International & Corporate Banking Oddo-BHF, Ms. Nathalie Louat – Global Director, International Finance Corporation (IFC), Dr Isaiah Rathumba – Head of Department, Limpopo Economic Development, Environment and Tourism and Mr. Alfred Idialu – Chief Rep Officer, Deutsche Bank among other policymakers shaping trade policy across the continent.

Commenting on the announcement, Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank Plc, said:
“The Africa Trade Conference reflects our unwavering commitment to advancing Africa’s economic transformation by creating a platform that brings together the leaders, institutions, and ideas shaping the future of trade. The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us. Africa is not only participating in global trade, it is helping to redefine it. Through this convening, we aim to catalyse partnerships, unlock new opportunities for businesses, and accelerate Africa’s integration into global value chains.”

“At Access Bank, we see ourselves not just as financiers, but as connectors of markets, ideas, and opportunities. Our role is to help African businesses move from ambition to impact, from local relevance to global competitiveness.”

With operations in 24 countries globally, including 16 across Africa, Access Bank’s expansive footprint places it in a unique position to facilitate cross-border trade, unlock regional value chains, and simplify the complexities of doing business across markets.

“Our presence across Africa and key global corridors gives us a front-row seat to the realities of trade. It also gives us the responsibility to design solutions that are inclusive, scalable, and future facing. ATC 2026 is part of that commitment, Ogbonna added.

ATC 2026 is expected to catalyze partnerships, enable policy dialogue, and provide actionable strategies for businesses operating within and beyond the continent.

The Access Bank Chief puts it thus, “Africa will not be a spectator in the remaking of global trade. We will be one of its architects. ATC 2026 is where those blueprints will be drawn.”

For more information and registration, please visit https://apo-opa.co/4sdXWF7

Distributed by APO Group on behalf of Access Bank PLC.

 

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