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

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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.

Download document: bit.ly/3a7MqZ6

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.

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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