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Network International signs Memorandum of Understanding (MOU) with GIM-UEMOA to accelerate financial inclusion in West Africa

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Network International

Under this partnership, Network International and GIM-UEMOA have reaffirmed their shared commitment to innovation and collaboration in West Africa’s financial technology space

DAKAR, Senegal, January 28, 2025/APO Group/ — 

Network International (Network) (www.Network.ae), a leading payment solutions provider in the Middle East and Africa, has signed a memorandum of understanding (MOU) with GIM-UEMOA, the regional payment scheme which promotes electronic payments across the banking, financial and public administration sectors in West Africa. This collaboration will drive innovation and enhance financial inclusion across the eight member countries of the West African Economic and Monetary Union (WAEMU).

The partnership will help deliver innovative digital payment solutions under the GIM-Pay framework, leveraging the two organisations’ collective strengths. This initiative aims to benefit the population of the UEMOA region by providing secure, seamless, and accessible payment systems that meet the growing demands of businesses and consumers alike.

We aim to harness our combined expertise to empower the UEMOA region with state-of-the-art payment solutions that drive economic inclusion and prosperity

In addition to supporting the financial needs of users within UEMOA, the collaboration will enhance the value proposition of GIM-UEMOA’s affiliated member banks, enabling them to better serve their end customers with cutting-edge digital payment solutions. This offering aligns with the region’s commitment to fostering economic growth and financial inclusion.

“Partnering with GIM-UEMOA represents a significant milestone for Network International. Together, we aim to harness our combined expertise to empower the UEMOA region with state-of-the-art payment solutions that drive economic inclusion and prosperity,” said Dr. Reda Helal, Managing Director & Co-Head of Processing, Africa at Network International.”

“This collaboration with Network International allows for the pooling of infrastructure and solutions to bring cutting-edge digital payment solutions to the West African banking sector. We look forward to the benefits that will be realised for financial services entities throughout the region,” said Minayegnan Coulibaly, Managing Director of GIM-UEMOA.

Under this partnership, Network International and GIM-UEMOA have reaffirmed their shared commitment to innovation and collaboration in West Africa’s financial technology space. This partnership also underscores the importance of alliances in addressing the diverse financial and economic needs of the UEMOA region.

Distributed by APO Group on behalf of Network International.

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Angola Oil & Gas (AOG’25) Kicks Off to Celebrate 50 Years of Angola’s Independence and Its Leadership in the Oil Sector in Africa

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AOG

AOG 2025 returns to Luanda on September 3-4, bringing together global energy leaders on Angola’s top investment platform

LUANDA, Angola, January 29, 2025/APO Group/ — 

The sixth edition of the Angola Oil & Gas (AOG) Conference & Exhibition was officially launched today, marking the beginning of a historic celebration. The event, scheduled for September 3-4, 2025, in Luanda, is the country’s largest oil and gas investment platform, bringing together industry leaders, financiers, technology providers, and both local and international service providers.

Under the theme “Turning Dialogue into Business,” AOG 2025 promises to be the biggest edition yet, standing out for its B2B networking, promotion of strategic collaboration and support for signing agreements among key industry decision-makers. The conference also commemorates 50 years of Angola’s independence and five decades of growth in the oil and gas industry, which has been achieved through factors such as transparent cooperation with major global operators, consistent investment, collaboration among industry stakeholders and continuous innovation.

According to José Barroso, Angolan Secretary of State for Oil and Gas, “the sixth edition of AOG 2025, organized this year as part of the celebration for the 50th anniversary of our independence, comes at an important time for Angola and the national oil and gas sector,” he said, adding that “Angola’s oil and gas sector marks 50 years of resilience and growth, offering a compelling investment opportunity for international partners and reaffirming its position as a hub for global industry leaders.”

He further stated, “As Angola’s oil and gas sector celebrates 50 years of growth, we’re showcasing its profitability to foreign investors. Events like AOG 2025 play a crucial role in boosting the sector, promoting Angola globally and attracting investment, ultimately driving economic and social progress.”

Meanwhile, Barroso highlighted that oil production was averaging over one million barrels per day, and that the country seeks to further increase output through a multifaceted investment approach, including the launch of its 2025 licensing round which will offer new blocks in the offshore Kwanza and Benguela basins, in addition to new opportunities in marginal fields.

Angola’s licensing round, scheduled for the first quarter of 2025, includes blocks 22, 35, 37, 38, and 36 in the Kwanza Basin, and blocks 40, 25, 39 and 26 in the Benguela Basin. Meanwhile, the available marginal fields cover areas in blocks 4, 14, 15, 17/06, and 18. The Incremental Production Initiative, which offers more attractive fiscal conditions, has been a key tool to maximize production from existing assets.

Events like AOG 2025 play a crucial role in boosting the sector, promoting Angola globally and attracting investment, ultimately driving economic and social progress

In the natural gas sector, Angola is also striving to position itself as a major exporter, increasing the share of gas in the energy mix to 25%. The government is attracting new investments and technological innovations, with strategic projects such as Angola LNG.

Among recent developments, Chevron launched the Sanha Lean Gas Connection Project in December 2024, while the New Gas Consortium expects to start producing non-associated gas by late 2025 or early 2026. Angola also presents investment opportunities in gas-to-power, LPG, and distribution projects, making it an increasingly attractive market for investors. In the downstream sector, the Cabinda Refinery is expected to begin operations in 2025, with an initial capacity of 30,000 barrels per day. Additionally, the Lobito and Soyo refinery projects are under development, with Angola seeking investors to accelerate their completion.

Bráulio de Brito, President of AECIPA, emphasized the role of this initiative “in developing local content, particularly in training national staff, implementing innovative and robust equipment and technology in Angola and Angolan companies, as well as in the growing openness of national banks to seriously consider projects and national entrepreneurs in the sector.”

The President of AECIPA also stated that “I hope the sixth edition of Angola Oil & Gas will break all records for business and professional participation, both international and national, and that it will be a moment to celebrate the country, the industry, and all those who, at the governmental and business levels, make it happen in Angola.”

Meanwhile, Luís Conde, Conference Director at Energy Capital & Power, summed up the spirit of the event by stating, “In honor of this golden jubilee, the Angola Oil & Gas 2025 Conference will celebrate Angola’s legacy as one of the undisputed leaders in the oil and gas sector in Africa, while looking toward a future filled with opportunities. The event will transform today’s conversations into partnerships, investments, and key contracts for the next 50 years.”

Registrations for AOG 2025 are now open. To secure your spot and learn more about the event, visit: https://AngolaOilAndGas.com/.

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

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Apply NOW for $5000 in the 2025 Tony Elumelu Foundation Entrepreneurship Programme!

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The flagship TEF Entrepreneurship Programme is open to all entrepreneurs across Africa with innovative business ideas or existing businesses not older than five years

LAGOS, Nigeria, January 29, 2025/APO Group/ — 

The Tony Elumelu Foundation (TEF) (www.TonyElumeluFoundation.org), Africa’s leading champion of entrepreneurship, is pleased to announce that applications for its 2025 Entrepreneurship Programmes are now open. Aspiring and existing entrepreneurs from across Africa are invited to apply for a chance to receive world-class training, expert mentoring, and non-refundable seed capital funding to scale their businesses.

Programmes Open for Application:

  1. Tony Elumelu Foundation (TEF) Entrepreneurship Programme: the flagship TEF Entrepreneurship Programme is open to all entrepreneurs across Africa with innovative business ideas or existing businesses not older than five years. This year, there is a special emphasis on businesses leveraging Artificial Intelligence (AI) and green initiatives. Applicants must be at least 18 years old.
  1. Aguka Ideation Programme:  The Aguka Ideation Entrepreneurship Programme is a partnership with the Tony Elumelu Foundation, UNDP Rwanda and the Rwandan Ministry of Youths and Arts to support young Rwandan entrepreneurs between 18 -30 with business ideas with a seed capital of $3000, with the aim of nurturing and developing innovative concepts into viable enterprises.
  1. TEF Entrepreneurship Programme for Google: The Tony Elumelu Foundation has renewed its partnership with Google.org to empower African entrepreneurs with AI-integrated business training, in addition to mentoring and seed capital, to shift their perception towards embracing and adopting AI tools in their business operations.

Application Details:

          •        Platform: Applications are to be submitted through TEF’s proprietary digital hub, TEFConnect.

          •        Application Period: January 1, 2025 – March 1, 2025. Applicants are encouraged to complete and submit their applications well ahead of the deadline.

          •        Eligibility: Open to African entrepreneurs with scalable business ideas or existing businesses not older than five years. Applicants must be at least 18 years old.

To learn more about the Tony Elumelu Foundation’s transformative work and the success of our African entrepreneurs. Explore our:

          •        Impact Report (apo-opa.co/3WzjuPi), which highlights the Tony Elumelu Foundation’s achievements and contributions to Africa’s economic growth.

          •        African Entrepreneurs’ Success Stories (apo-opa.co/3EeXxi5), showcasing the inspiring journeys of Tony Elumelu Entrepreneurs.

          •        Annual Reports (apo-opa.co/3WznQ91), offering insights into the Tony Elumelu Foundation’s strategies and outcomes.

Distributed by APO Group on behalf of The Tony Elumelu Foundation.

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African Energy Meets Mining: Top 5 Reasons to Attend African Mining Week (AMW) 2025

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African Mining Week

African Mining Week will take place from October 1-3, 2025 in Cape Town, alongside the African Energy Week: Invest in African Energies conference

CAPE TOWN, South Africa, January 29, 2025/APO Group/ — 

African Mining Week (AMW) 2025 – held under the theme, From Extraction to Beneficiation: Unlocking Africa’s Mineral Wealth – will highlight the continent’s focus on advancing local beneficiation and industrial development. Organized by Energy Capital & Power (www.EnergyCapitalPower.com), AMW brings together global mining and energy stakeholders to explore and maximize the opportunities arising from the energy-mining nexus within Africa.

Explore Africa’s Mining Potential

Africa is home to 30% of the world’s critical minerals, including lithium, cobalt and copper, along with a significant share of traditional minerals such as gold, diamonds and iron ore. This makes the continent an unparalleled destination for investors, manufacturers and developers. AMW 2025 will offer insights into recent mineral discoveries, available exploration basins and innovative infrastructure projects designed to strengthen Africa’s position in global supply chains. From exploration to processing and manufacturing, AMW will demonstrate Africa’s capacity for sustainable economic growth through value addition.

Connect Energy and Mining Stakeholders Under One Roof

Held concurrently with the African Energy Week: Invest in African Energies conference, AMW 2025 will emphasize the crucial link between the energy and mining sectors. By bringing these stakeholders together, AMW will showcase how both industries are leveraging traditional and emerging energy solutions to enhance mining operations. Discussions will focus on how the synergy between energy and mining can unlock new opportunities for the development of local and regional economies, as well as share insights into energy-efficient technologies and renewable energy solutions. 

Gain Exclusive Insights and Opportunities

AMW 2025 will feature country spotlights, mineral showcases and technology displays, providing attendees with the latest information on exploration opportunities and available basins in Africa. The event will also include a Ministerial Forum and an Investment Forum, offering firsthand access to African ministers, investment banks and project developers. This will give delegates the unique chance to discuss strategic projects and collaborations directly with key decision-makers.

Forge Strategic Partnerships

With countries such as Zimbabwe, Angola, Botswana, Ghana, the Democratic Republic of Congo and Mali securing new investments, AMW 2025 will serve as an ideal platform for these markets to build on the increasing investment flow. Focused on unlocking Africa’s mineral wealth and capital influx, AMW 2025 provides a prime setting for deal signings and the formation of new partnerships. Delegates will be able to network with a wide range of industry leaders and innovators, creating opportunities for cross-sector collaborations.

Discover Cutting-Edge Technologies and Innovations

AMW 2025 will feature a variety of technological showcases and discussions highlighting the latest innovations in mining and energy. Attendees will have the chance to explore advancements in mining equipment, automation and energy-efficient technologies that are transforming the industry. By engaging with technology providers and solution developers, participants will gain a competitive edge in understanding how these innovations can be applied to enhance operational efficiency and sustainability.

African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energy 2025 conference (www.AECWeek.com) from October 1 -3. in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@EnergyCapitalPower.com

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

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