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New Cameroon business incubator signs up with Pan-African tech firm and Finnish education technology network

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New-Cameroon

BB Incubator is the first of its kind in Africa to adopt the 5G Mokki Tech Spaces, a high-tech learning and communication environment in the shape of a small cottage

HELSINKI, Finland, May 24, 2022/APO Group/ — 

Today, the recently launched Boris Bison Youth Empowerment Business Incubator in Douala, Cameroon, the Pan-African video game publishing company Ludique Works and Start North (StartNorth.com), the Finnish technology learning accelerator network, have announced mutual memoranda of understanding to introduce their technologically advanced learning environments, the ‘5G Mokki Tech Spaces’, across the African continent.

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The new partnership comes just weeks after Boris Bison Youth Empowerment Business Incubator’s opening ceremony in Douala, where Cameroon’s Minister for Small and Medium-Sized Enterprises, Social Economy and Handicrafts Mr. H.E. Bassilekin III Achille offered Mr. Boris Ngala, the incubator’s Founder and CEO, his congratulations and personal support.

Having spent seven years abroad, Boris Ngala returned to his home country of Cameroon with a vision to reduce poverty through technology-driven solutions, entrepreneurial training and business advice.

Boris Bison Youth Empowerment Business Incubator (‘BB Incubator’ for short) provides office facilities, computer equipment services, internet connectivity, entrepreneurial training and business advisory services to promising local startup companies and young entrepreneurs.

The first of its kind

BB Incubator is the first of its kind in Africa to adopt the 5G Mokki Tech Spaces, a high-tech learning and communication environment in the shape of a small cottage. Mr. Ngala is also a Co-Founder of the 5G Mokki Tech Space network.

“Our aim is a Pan-African tech space network that connects the African continent to Europe and the rest of the world, promoting the learning and adoption of technology, remote work, and entrepreneurship. In addition to promoting education, jobs, and the economic development of the regions, the network also aims to curb climate change by utilising the latest technology.”

Mr. Boris Ngala, Founder and CEO of BB Incubator and one of the Co-Founders of the 5G Mokki Tech Space network.

‘Mokki’ is derived from the Finnish word ‘mökki’, meaning ‘cottage’. The cottage enables innovative uses of fifth-generation (5G) mobile communication technology.

In the case of the incubator and its startups, it can be used, among other things, to develop software applications that require ultra-fast internet connections, to render immersive, three-dimensional (3D), virtual-reality (VR) and augmented-reality (AR) learning experiences, as well as to deliver innovation services and remote work to corporations around the globe.

Compared to the technology standards preceding it, fifth-generation wireless communication technology will enable data connections that are a hundred times faster on mobile devices and ten times faster than the fastest fixed broadband services currently.

Its true potential lies in enabling entirely new categories of applications. Think remote control of drones, self-driving cars and complex industrial processes. Think remote surgery. Think remote work and meetings in virtual or augmented reality. Think remote learning. The operative word is “remote”.

5G’s ability to make the world a smaller place is Africa’s opportunity.

Ludique Works is deploying the cottages in Kenya and South Africa and is committed to building a network of 5G Mokki Tech Spaces in other African countries as well.

In addition to promoting education, jobs, and the economic development of the regions, the network also aims to curb climate change by utilising the latest technology

“The 5G Mokki Tech Space network has the ability to serve international and local companies, to provide creative-economy and technology based jobs and promote entrepreneurship based on the learning of the latest technology and hands-on projects that serve local conditions. Furthermore, this is supported by extensive national and international collaboration with universities and companies.”

Mr. Douglas Ogeto, Co-Founder and CEO of Ludique Works and one of the Co-Founders of the 5G Mokki Tech Space network.

Powerhouse potential

With its natural resources, young population and growing markets, Africa has the potential to become a productivity powerhouse. Given Europe’s and Africa’s overlapping timezones, European corporations could find access to technologically skilled labour and services from Africa via high-touch, 5G-enabled remote connections in real time.

The 5G Mokki Tech Spaces aim to hit several birds with one stone: to provide the technology that enables advanced learning environments with remote connectivity, as well as to offer learning solution content, starting in the fields of technology and entrepreneurship.

The 5G Mokki Tech Spaces are being developed by Start North, a Finnish accelerator network that aims to promote the learning and application of new technologies to meet the challenges of global sustainable development. The concept was pioneered by leading Finnish universities.

One of those is Aalto University, which is among the world’s top institutions in research and education of 5G technologies. As part of a co-innovation process with Nokia, the mobile communications technology giant, Aalto launched its Summer School in 2019 to involve students in creating real-life 5G applications. The Summer School produced the 5G Mökki with input from Start North, who were subsequently tasked to take the concept abroad.

As part of a collaboration programme between Start North and Ludique Works in Africa, over 250 young people from across the continent applied for the 5G Summer School. More than 60 participants successfully completed the programme with a number of them earning ECTS (European Credit Transfer and Accumulation System) credits.

Aalto is in talks with several business schools and universities in Africa, including the African School of Economics with campuses in Nigeria, Ivory Coast and Benin, and Addis Ababa University in Ethiopia. Furthermore, a project is underway to set up a 5G Mokki in a rural area in Zambia, powered by solar energy, to provide immersive learning and research in the field of agriculture.

Tapping into Africa’s talent

At the launch event of the 5G Mökki network at Häme University in Finland, in October 2021, Dr. Mark Nelson, founder and Director of Innovation at the Stanford Peace Innovation Lab, drew parallels between the high-tech cottage, the invention of the microscope in biology and the telescope in space research, allowing the exploration of social interaction and society without people having to travel from one place to another.

Without innovative approaches to training and job creation, traditional degree-based education falls short of creating sufficient employment opportunities. To illustrate this point, approximately half a million students graduate from Cameroon’s universities every year, but only some three thousand of these graduates tend to find employment. Cameroon is no exception in Africa.

The expansion of the 5G Mokki Tech Spaces network in Africa is in part facilitated by financial instruments developed jointly by the African Union and the European Union, aimed at improving connectivity, know-how, and sustainable social and economic development.

The 5G Mokki Tech Spaces network provides an opportunity for international corporations to tap into highly skilled, young African talent, not only to render remote work but also to spur innovation. Companies can, for example, submit a technology challenge to one of the 5G Mökki Summer Schools, or assign a fully-fledged development project.

Some of the best-known companies that have benefited from participating in previous 5G Summer Schools include Enel S.p.A, H&M AB, Konecranes Oyj, Nokia Oyj, Metso Outotec Oyj and Philips N.V.

Distributed by APO Group on behalf of Start North.

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

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

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

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

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