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META, UNDP, ITC and Others Partner Towards the Afrilabs Annual Gathering 2022

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Afrilabs

The 2022 AAG aims to promote digital skills for inclusion & employment, encourage entrepreneurship and startups through legislation

ABUJA, Nigeria, October 16, 2022/APO Group/ — 

Several top players in Africa’s innovation ecosystem have pledged their commitments to be part of the 7th AfriLabs (https://AfriLabs.com) Annual Gathering (AAG), scheduled to take place in Lusaka, Zambia from the 26th to the 28th of October, 2022 with the theme, “Intra-Africa Connectivity, Collaboration and Innovation”.

These partners include: Mozilla, GIZ Make-IT, Africa Union, GIZ-AU, International Trade Centre (ITC), Venture Capitalists for Africa (VC4A), Wylde International, Zanaco Plc., Flourish Ventures, Briter Bridges, Africa Business Heroes (ABH) and GIZ-PAU. Others include Agence Francaise de Developpement (AFD), Accelerated Growth for SMEs (AGS),  United  Nations  Development  Program  (UNDP),  Intel,  Emirates  Airlines, Ethiopian Airlines, Liquid Intelligent Technologies, Meta (Facebook) and Brienze and Lloyds Aviation. The mass media is not left behind as TechCabal and Radio Phoenix have also signed up as press partners.

According to AfriLabs Executive Director, Anna Ekelodo, “Africa’s innovation ecosystem is at a critical stage of development and in order to facilitate the progression into the next stage, relevant stakeholders need to be deliberate and strategic with collaborative efforts within and across the continent. At AfriLabs, we are always delighted to work with new and existing partners in our commitment to enabling a thriving innovation and entrepreneurship ecosystem in Africa, powered by our community.”

Matthias Rehfeld, Head of program, Make-IT in Africa stated the following about their participation at this year’s AAG, “Only collective action and joint investment can challenge the gaps, barriers and protectionism that stand in the way of African innovation. Make-IT in Africa is delighted to collaborate with partners like AfriLabs who believe in the power and work towards truly interconnected pan-African innovation ecosystems. With our support to this year’s Gathering, we wish to underline the central role of women in strengthening environments where innovation can thrive – not only, but especially when it comes to leadership – and advocate for intra-Africa collaboration and connectivity that taps into the female powerhouse.”

Also, Chris Odongo, CEO Wylde International stated that, “Wylde International ltd is very glad to be here to participate in the AfriLabs Annual Gathering in Lusaka, Zambia. We are delighted to share with hubs across Africa a data backed process that they can use to achieve entrepreneurship support success. The process is called “SCALE” and has been used by organisations all over the world delivering growth to the enterprises connected to their hubs.”

AfriLabs has created a digital platform that unites all the stakeholders in Africa’s innovation ecosystem under one umbrella

The AAG is the flagship event of AfriLabs, the largest network of technology and innovation hubs in Africa, and this year, will feature panel sessions, an ecosystem tour and a MetGala night among other activities. All these are geared towards sparking connectivity and collaboration among key innovation leaders from all over the continent. AfriLabs will also be launching several new initiatives birthed from the network. As a thought leadership organisation and a convening platform to accelerate innovation in Africa, AfriLabs has successfully put together a white paper that outlines ten innovation policy areas for African Governments to contemplate. The proposed policy pathways which will be launched during the 2022 AAG aims to promote digital skills for inclusion & employment, encourage entrepreneurship and startups through legislation, and create an enabling environment to attract investments among other objectives. The AfriLabs Policy Pathways highlight the voices of innovators, entrepreneurs, hubs and other stakeholders across Africa on what innovation policy priorities should be.

Furthermore, AfriLabs has reached new heights on the journey of digital transformation. Based on its 10-year growth and transformation strategy, AfriLabs has created a digital platform that unites all the stakeholders in Africa’s innovation ecosystem under one umbrella. The platform, AfriConnect, will be one place with the ability for Startups, Hubs, Corporates, Government Agencies, NGOs and other ecosystem stakeholders to connect, network, collaborate, learn, share and transact. In the future, this will transform into a marketplace, intending to bridge the divide between African communities, the technology & innovation ecosystem, and trade & research while fostering accredited information sharing.

Arjuna Costa, Managing Partner at Flourish Ventures commented, “We are thrilled to be sponsoring such a distinguished and influential event in the African tech space. AfriLabs, which focuses on building a community and empowering tech founders and entrepreneurs across all of the rapidly emerging tech hubs in Africa, fits perfectly with the ideology of our new Africa-focused pre-seed investment program. We appreciate the role that institutions such as AfriLabs play in encouraging innovative solutions to boost Africa’s burgeoning entrepreneurial spirit, and we are looking forward to partnering and helping accelerate AfriLabs’ ongoing impact.”

Alice Munyua, Senior Director, Africa Innovation and public policy program – Mozilla, stated that, “At Mozilla, our mission is to promote openness, innovation and opportunity on the web, ensuring that the Internet is a global public resource, open and accessible to all. We are excited to be part of the AfriLabs Gathering as we connect with startups, entrepreneurs, and other players within the tech ecosystem on the continent. Through one of our programmes, Lean Data Practices, we will be exploring privacy and good data management with the aim of boosting startup and entrepreneurs’ capacity on security and data governance.”

Commenting on partnering with AfriLabs, Zanaco Plc Head Client Solutions, Marketing and Corporate Communications Chanda Katongo said, “Zanaco Plc is pleased to partner with AfriLabs at this year’s Annual Gathering. As an organisation driving a digital first strategy, we believe that partnerships such as this and our presence at the Afrilabs Annual Gathering will support in accelerating our digital drive”.

Milou Van Bruggen, Associate Programme Officer (JPO) – Tech Sector Development Africa, International Trade Centre – United Nations stated that, “ITC is excited to participate in the 2022 AfriLabs Annual Gathering at Lusaka. Under the FastTrackTech Africa project, which now falls under ITC’s new Switch ON initiative, ITC has done a lot of work supporting the tech entrepreneurship ecosystem in 7 Sub-saharan African countries – one of which is Zambia – over the past few years. In our work, we partner with and assist many business support organisations with a focus on tech hubs as they are the spill of the tech entrepreneurship ecosystems in Africa. We are supporting tech hub managers from Ghana, Ethiopia, Senegal and Uganda to come to Lusaka for the Gathering and host a workshop on the Tech Entrepreneurship ecosystem drivers in Zambia. We are looking forward to being part of this great impactful event!”

Don’t miss out on the rich content scheduled for the AAG2022. Register at https://AfriLabs.com today and plan to attend in-person or virtually.

Distributed by APO Group on behalf of AfriLabs.

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Ministers among hundreds of energy-sector leaders to attend AOW event

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Sinclair

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors”

CAPE TOWN, South Africa, October 4, 2024/APO Group/ — 

AOW: Investing in African Energy (https://AOWEnergy.com) – Africa’s leading oil, gas and energy event – has confirmed attendance for more than 80 ministers and senior officials, representing African governments, energy departments and regulators at next month’s event.

These influential stakeholders will be among the more than 1 600 senior delegates and industry leaders who will be attending the event to develop policy, share discoveries, secure investment, and shape Africa’s energy future.

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors.”

Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention

Among the officials and government ministers attending will be energy leaders from South Africa, Nigeria, Namibia, Cote d’Ivoire, Mozambique, DRC, Ghana, Kenya, Madagascar, Eswatini, Uganda, CAR, Guinea Conakry, Guinea Bissau, Ethiopia, The Gambia, Gabon, Malawi, Morocco, Zanzibar, Liberia, Senegal, Congo Brazzaville and Sierra Leone.

In addition, the event will feature high-level delegations from numerous national oil companies, as well as multilateral bodies including the African Union, (AU), African Energy Commission (AFREC), African Petroleum Producers’ Organization (APPO) and the Southern African Power Pool (SAPP).

AOW will see these energy leaders networking with C-suite executives and decision-makers from more than 760 top energy companies at daily networking events, to discuss insights, forge new relationships, and negotiate major energy deals.

“We are so excited to see the calibre of delegates at this year’s AOW event,” says Chief Executive Officer of Sankofa Events, Paul Sinclair. “Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention. The high-powered attendance proves AOW is a key platform to enable this intervention.”

Key themes to be discussed at this year’s AOW will be sustainable upstream development; expanding gas value chains; renewables and new energies; adoption of best-in-class technologies; and access to finance.

AOW: Investing in African Energy will culminate in a special anniversary party at Groot Constantia Vineyard to celebrate 30 years of the AOW event.

Distributed by APO Group on behalf of AOW: Investing in African Energy.

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Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos

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The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs

CAIRO, Egypt, October 4, 2024/APO Group/ — 

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos.

We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria

According to the facility agreement signed in on July 22, 2024, Afreximbank will provide the funds in two tranches with the first tranche of US$7.48M going toward capital expenditure for the construction of the factory and the second, totalling US$13.25M to be deployed as working capital for the operations of the factory.

The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs once the factory becomes operational. It is also expected to support about 40 small and medium-sized enterprises.

Commenting on the transaction, Mrs. Kanayo Awani, Executive Vice President, Intra Africa Trade and Export Development, Afreximbank, said that by supporting Starlink Global to establish a modern processing facility, Afreximbank is making it possible for Africa to add value to its agro-commodities, thereby facilitating exports and subsequent inflow of much-needed foreign exchange into the continent.

“We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria. It will contribute to value creation and to the development of the local community while also improving the lots of smallholder farmers and small business suppliers that will work with Starlink across the value chain,” Mrs. Awani added.

Distributed by APO Group on behalf of Afreximbank.

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Sonangol to Lead Decarbonized Oil & Gas (O&G) Development, Says Angolan National Oil Company (NOC) Head

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Participating in an on-stage interview at Angola Oil & Gas 2024, Sonangol CEO Sebastião Gaspar Martins emphasized that oil and gas remains a core focus for the national oil company

LUANDA, Angola, October 3, 2024/APO Group/ — 

Angola’s national oil company Sonangol reiterated its commitment to driving sustainable hydrocarbon development during the Angola Oil & Gas (AOG) conference this week. Speaking during an “In-Conversation with” session, Sonangol CEO Sebastião Gaspar Martins stated that the company will not abandon oil and gas, but rather advance decarbonized oil and gas development.

We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas

By investing in upstream oil and gas production while prioritizing low-carbon projects, Sonangol aims to boost national crude output, while diversifying and decarbonizing the industry. The NOC is focusing efforts on non-associated gas development, as well as alternative energy sources such as solar.

“We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas. Gas produced from Angola LNG will be used for the production of fertilizer and we are evaluating the utilization of gas in the south of the country, linking gas with steel industries. We also have a blue carbon project, linked to the reduction of carbon through the plantation of mangroves. We have one area in Luanda and have identified four additional areas for this,” stated Gaspar Martins.

Sonangol has undergone transformation in recent years: following the creation of the National Oil, Gas & Biofuels Agency (ANPG) in 2019, Sonangol transferred its role as national concessionaire and regulator. This transformation has aimed to make Sonangol more competitive and strengthen its capacity as an upstream operator. Concurrently, the government is partially privatizing the NOC, with privatization set to be complete in 2026. This process will enhance financial capacity, allowing Sonangol to drive new upstream projects forward.

“The transformation of Sonangol started several years ago, when we passed the regulatory, concessionaire role to the ANPG. At the time, we transferred almost 600 employees to the ANPG. After that, Sonangol underwent a restructuring program where we created five core business units from 36 different entities – starting with exploration and production. We want to go public, but we want to do it properly. So, we are currently going through all the processes to do this,” stated Gaspar Martins.

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

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