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Morocco unites global tech community’s commitment to advancing African digital economy at momentous GITEX Africa launch

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GITEX Africa

GITEX Africa 2023, now the largest tech and start-up show in the African continent, will make its highly anticipated debut from 31 May-2 June

MARRAKECH, Morocco, May 25, 2023/APO Group/ — 

Debut of Africa’s largest tech and start-up show to welcome 900 companies to explore, discover, and connect to real opportunities in world’s rising digital economy; H.E Dr Ghita Mezzour: “We’re witnessing a historic event, the largest tech networking and business event in the African continent”

Morocco will centre the global tech community’s attention on Africa’s united commitment to advancing the digital economy next week, converging the best minds from governments, businesses, big tech, start-ups, investors and youths to accelerate and catalyse the continent’s ambitious digital transformation journey. 

GITEX Africa 2023, now the largest tech and start-up show in the African continent, will make its highly anticipated debut from 31 May-2 June, with the final preparations underway across ten halls and 45,000sqm of exhibition space in a purpose-built super venue at Place Bab Jdid, Bd Al Yarmouk in the Red City of Marrakech. It will welcome 900 big tech companies, government entities, start-ups and participants from more than 100 countries, while attracting tens of thousands of attendees from all over the world. 

GITEX Africa is the largest business event launch of any industry in the Middle East and Africa in recent years, and is affiliated with GITEX Global in Dubai, the world’s largest tech and start-up show, rated by global tech executives as the world’s best global tech event.

Held under the High Patronage of His Majesty King Mohammed VI, GITEX Africa is hosted by the Digital Development Agency (ADD), under the authority of the Moroccan Ministry of Digital Transition and Administration Reform.

Addressing media at the show’s official preview press conference today was H.E Dr Ghita Mezzour, Minister of the Moroccan Ministry of Digital Transition and Administration Reform; Sidi Mohammed Drissi Melyani, the General Director of ADD; and Trixie LohMirmand, CEO of KAOUN International, GITEX Africa’s organiser. 

In attendance were GITEX Africa’s official institutional partners the ANRT (Moroccan National Telecommunications Regulatory Agency), AMDIE (Moroccan Investment and Export Development Agency), ONMT (Moroccan National Tourist Office), ONDA (National Airports Office), Royal Air Maroc, and ONCF (Moroccan National Railway Office).

“The Kingdom of Morocco is proud to host GITEX Africa under the High Patronage of His Majesty King Mohammed VI, may God assist Him,” said H.E. Dr Mezzour.  “We’re witnessing a historic event, the first ever edition of GITEX Africa, and the largest tech networking and learning business event in the African continent.

“GITEX Africa will be an opportunity for Moroccan and African start-ups owners and young programmers to get in touch with regional and global investors and business incubators. An opportunity as well to networking with actors in both public and private sectors.”

Mr. Sidi Mohammed Drissi Melyani, the General Director of ADD, added that hosting GITEX Africa underlines Morocco’s commitment to work alongside the private and public sector to accelerate Africa’s digital infrastructure development while promoting cross-continental e-governance policies that improve digital transparency, openness and process integration: “The Kingdom of Morocco as well as the whole African continent is so honoured to host the first edition of GITEX Africa Morocco, which will take place in Marrakech from May 31st to June 2nd, 2023,” said Mr. Melyani.

“This big event, organised under the high patronage of his Majesty the King Mohammed VI, is an important opportunity to value the efforts deployed by all the Moroccan stakeholders in the field of digital development. It is also a platform of networking between exhibitors, investors, researchers and tech operators around innovative solutions and digital transformation.  This first edition will definitely contribute to enhance digital transition in Africa as a future innovation hub, led by its young talents and competitive start-ups.”

Magnifying Africa’s collective digital innovation ambitions and achievements

GITEX Africa’s impressive scale in its debut edition reflects the ambitions of Africa’s digital movement, with cross-continental initiatives such as Smart Africa’s vision to create a single digital market in Africa by 2030 propelling the continent to the forefront of the global digital economy.

GITEX Africa is the largest business event launch of any industry in the Middle East and Africa in recent years, and is affiliated with GITEX Global in Dubai

“For too long, the world’s second largest continent has been under-stated and overlooked for its profound digital opportunities and aspirations,” commented Ms. LohMirmand, CEO of KAOUN International.   

“At GITEX Africa, our mission is to curate an event that will serve the purpose of the African community in accessing business development, investment and learning opportunities.  We focus on empowering the new generation of tech and creative talents to augment the culture of entrepreneurship and provide a single occasion that shall bring together the public and private sector leaderships to build tangible meaningful outcomes.”

That GITEX Africa hoisted the sold-out sign fuelling further expansion months before its grand opening is testament to the world’s confidence and optimism in the African digital opportunity, amplified by figures that underline the aspirations of African countries in their quest for digital excellence.

Africa’s vibrant start-up ecosystem also continues to grab headlines with the creation of seven unicorns over the last few years while according to analysts Briter Bridges, African start-ups raised a total of US$5.4 billion across 900-plus deals in 2022.

The influx of global interest will see GITEX Africa 2023 host more than 400 disruptive start-ups from 30 countries, including 200 international award-winning start-ups and 11 unicorns eager to share their achievements and access the promising African innovation hub.   

All will have the opportunity to connect with 250 investors from 34 countries with US$200 billion worth of assets under management. As the ultimate start-up incubator and magnet for flourishing VC funds, GITEX Africa will deliver a structured and carefully curated scouting platform for these investors, of which 70 percent are coming from outside of Africa.  

Added Ms. LohMirmand: “GITEX integrates Africa strategically into the hyper-connected tech ecosystem across 100 countries. It now firmly plugs Africa into the global entrepreneurial innovation economy boasting of resources imperative for the region to dynamize its digital transformation mission.”

Accelerating the Moroccan digital development strategy

GITEX Africa 2023 will also accentuate the progress of Morocco’s digital development strategy, strengthening its position among the top three African countries with the best ICT infrastructure, and underlining its status as having one of the continent’s most advanced telecommunications markets.

According to analysts IDC, Morocco’s IT market, comprising hardware, software and IT services, is expected to reach a value of US$1.7 billion in 2023, growing at a CAGR of 4.3 percent to reach US$1.9 billion in 2026. In 2023, growth is expected to be driven by enterprise and service provider spending in the North African country as organisations increasingly look to adopt hybrid cloud as a step towards their digital transformation initiatives.

World’s best minds gather at Africa’s most impactful leadership conference agenda

Africa’s most impactful leadership conference programme will meanwhile gather 250-plus speakers from 50 countries to share valuable exchanges and insights with a curious business audience motivated to draw on international experience applied to an African-centric context. 

The GITEX Africa Digital Summit will lead ten conference tracks comprising 140-plus hours of mind-stretching content exploring the most pertinent transformational topics advancing Africa’s digital agenda, from generative AI and digital cities, or Fintech and agritech, to healthcare, energy, innovation, sustainable development goals, and a spotlight on the world’s most exciting start-up ecosystem.

GITEX Africa 2023 is open from 11:30am to 6:00pm on 31st May, and from 10:00am to 6:00pm on the 1st and 2nd June.  Admission is for trade professionals only with a special invitation for students aged 16 years and older on day three.

More information is available at www.GITEXAfrica.com.

Distributed by APO Group on behalf of GITEX Africa.

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SLB commissions new fluids systems plant in Pemba to support Mozambique’s offshore energy development

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14 hours ago

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October 9, 2026

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Mozambique

New facility expands in-country drilling and completion fluids capability, advancing the next phase of SLB’s growth in Mozambique

PEMBA, Mozambique, October 9, 2026/APO Group/ –SLB (NYSE: SLB) (www.SLB.com) announced the opening of a new fluids systems plant in Pemba, Mozambique. The new facility strengthens in-country capacity to prepare, store and deliver drilling and completion fluids for offshore operations, reinforcing the infrastructure needed as Mozambique’s offshore activity grows and its role as a strategic energy hub for East Africa continues to expand.

The commissioning of the plant, also known as a liquid mud plant, coincides with SLB marking 70 years of operations in Mozambique. It reflects the company’s long-term commitment to investing in people, infrastructure and capability that support the country’s long-term offshore energy development plans.

 




  

With an initial storage capacity of 21,000 barrels, the liquid mud plant provides a scalable platform for future growth, supporting multiple customers and rising offshore activity while improving logistics and enhancing operational flexibility.

As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions

“As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions,” said Miguel Baptista, Central, East and Southern Africa, Managing Director, SLB. The new liquid mud plant strengthens local energy infrastructure, expands opportunities for local content development, and enhances our ability to support customers as they deliver some of Africa’s most significant offshore energy resources.”

The liquid mud plant project was delivered with strong local participation and that momentum is expected to continue into operations. During project delivery, more than 100 jobs were created in Pemba with nationals representing 80% of the workforce, reflecting a focus on building local capability.

The project was delivered with a strong focus on safety, operational integrity, and quality, achieving more than 67,000 hours worked without a recordable safety incident.

This key infrastructure strengthens SLB’s ability to support consistent service quality and enhance supply chain readiness for increasing offshore activity across Mozambique, supporting customers execute safely and efficiently while developing local skills and expertise.

Key Points:

  • SLB has commissioned a new fluids system plant in Pemba, expanding in-country drilling and completion fluids capability for offshore operations.
  • With an initial storage capacity of 21,000 barrels, the facility provides a scalable platform to support growing offshore activity in Mozambique.
  • The investment marks the next phase of SLB’s growth in Mozambique, strengthening local capability and supporting long-term offshore energy development.

Distributed by APO Group on behalf of SLB.

 

 




 

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South African Energy Storage Association (SAESA) welcomes 4,600 MW battery storage prioritisation and calls for integrated energy planning

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14 hours ago

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October 9, 2026

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Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply

JOHANNESBURG, South Africa, October 9, 2026/APO Group/ –The South African Energy Storage Association (SAESA) (www.SAESA.org.za) welcomes the prioritisation of 4,600 MW of battery energy storage under the first Integrated Resource Plan (IRP) 2025 Section 34 determination.

 




  

The timing is significant. Recent Integrated Energy Plan (IEP) modelling and assumptions discussions highlighted a fundamental shift that South Africa’s energy planning now needs to capture: we cannot plan the future power system by counting megawatts of generation alone.

We must plan for when energy is available, where it is available, how it moves through a constrained grid and how it is stored and dispatched when the system needs it most.

The announcement reinforces that shift. Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply.

For SAESA, the message for the IEP is clear: storage, flexibility and system services must be modelled as integral components of South Africa’s future electricity architecture, with their contribution considered from the outset of generation planning.

“The IEP must plan the power system we are becoming, not simply model the power system we have inherited,” says SAESA.

The IEP must plan the power system we are becoming, not simply model the power system we have inherited

Partnership with C&I Energy + Storage Summit

SAESA is an association partner of the C&I Energy + Storage Summit, created by VUKA Group, taking place on 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

The summit brings together commercial and industrial energy users, project developers, financiers, regulators and solution providers to explore practical approaches to energy security, procurement and storage deployment.

For businesses assessing how storage can support their operations, the event offers an opportunity to meet SAESA and engage with the wider energy community on the decisions shaping South Africa’s evolving electricity system.

Commercial and industrial energy decision-makers are invited to apply to attend as hosted buyers. Qualifying buyers receive complimentary summit access and curated opportunities to engage with industry partners.

 

Meet SAESA at C&I Energy + Storage Summit: Join the Hosted Buyer Programme

The Hosted Buyer Programme connects commercial and industrial energy decision-makers with solution providers shaping South Africa’s evolving private energy market.

Qualified energy buyers receive complimentary access to the summit and curated engagement with industry partners exploring energy procurement, storage deployment and project development.

Apply for the Hosted Buyer Programme (https://apo-opa.co/4ehLijJ)

Distributed by APO Group on behalf of VUKA Group.

 




 

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Afreximbank welcomes launch of Africa Credit Rating Agency as an important step in strengthening Africa’s financial architecture

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19 hours ago

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October 9, 2026

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Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets

PORT LOUIS, Mauritius, October 8, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding the continent’s capacity to generate credible, independent analysis of African credit risk.

 




 
 

Credit ratings play an important role in determining access to capital, influencing investor perceptions and shaping the cost at which governments, institutions and businesses can finance development. It is therefore essential that assessments of African credit risk are independent, rigorous and evidence-based, while reflecting a complete understanding of the structures, institutions and economic realities being assessed.

The establishment of AfCRA adds an important African-led source of credit opinion to the market. Its value will not be measured by whether it produces more favourable ratings, but by the credibility of its analysis, the quality of its data and transparency of its methodology, and its ability to deepen understanding of African sovereigns, sub-sovereigns and corporate credit.

This is particularly important given that many African issuers remain unrated, while local-currency and sub-sovereign markets continue to have limited rating coverage. Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets.

AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans

Alongside fellow members of the Alliance of African Multilateral Financial Institutions (AAMFI), Afreximbank has consistently maintained that African Multilateral Financial Institutions should be assessed on the basis of their fundamentals, performance, legal frameworks, mandates and operating models. Ensuring that these institutional characteristics are properly understood is essential to achieving informed, balanced and credible assessments of African risk.

Commenting on the uniqueness of the African market, and need for AfCRA’s rating methodology to reflect this, Mr Denys Denya, Senior Executive Vice President, Afreximbank, said: “The rating methodology AfCRA develops must recognise the uniqueness of our environment and its institutional structures. The Agency must set its own standards and not follow those set elsewhere — it must build a unique identity that conforms to an ‘African best practice.”

Highlighting the need for the autonomy of the Africa Credit Rating agency as it takes off, Mr Denya added: “Most importantly, AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans. We must all use it, and in return expect a complete assessment of where we (Africa) stand: the strengths the market has ignored, and the weaknesses we still need to fix.”

AfCRA should therefore be seen as complementary to existing international and regional rating agencies, broadening the range of credible analysis available to investors and issuers while strengthening competition, transparency and analytical capacity within Africa’s credit markets.

As Africa seeks to mobilise the scale of capital required for industrialisation, trade, infrastructure and economic transformation, credible African institutions that improve information, strengthen market confidence and deepen the continent’s financial markets will become increasingly important.

Afreximbank congratulates the African Union, the African Peer Review Mechanism (APRM) and all those involved in bringing AfCRA from concept to launch, and looks forward to the contribution the Agency will make to deeper, more transparent and more efficient African capital markets.

Distributed by APO Group on behalf of Afreximbank.

 




 

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