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New forum links capital with pioneering market reforms in Zim

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Zimbabwe

The inaugural Zimbabwe Future Capital Forum (ZFCF) convenes alongside the 6th ZimReal Property Investment Forum at Hyatt Regency Harare, the Meikles, on 26 August, marking the first time that pension funds, private equity, banks and representatives from the nation’s leading stock exchanges gather with the property sector’s leading luminaries

HARARE, Zimbabwe, July 20, 2026/APO Group/ –Zimbabwe will host a first-of-its-kind capital markets forum in August, supported by local and regional domestic capital powerhouses and leading private sector investors. Organised by experienced events company API Events (www.APIEvents.com), the forum co- coincides with a period of historic significance for the country’s capital markets landscape.

 

Co-located with the 6th Annual ZimReal Property Forum, the ZFCF is the first investor- and deal-focused forum that brings the entire ecosystem of institutional capital and bankable assets under one roof domestically, uniting capital seekers and allocators while generating actionable deal flow.

Together, ZimReal and ZFCF are expected to attract over 400 delegates from more than 100 companies, with a spread of local, regional and international attendees.

The event is strongly supported by domestic capital heavyweights such as the Zimbabwe Investment and Development Agency, the Zimbabwe Association of Pension Funds, the Mining Industry Pension Fund and South Africa’s Eskom Provident Pension Fund. Top executives from the Investor Hosting Centre (IHC), the Zimbabwe Stock Exchange (ZSE), the Victoria Falls Stock Exchange (VFEX), the Johannesburg Stock Exchange (JSE), Arctic Blue Asset Management, MMC Capital Advisory and Terrace Africa, amongst others, also feature on the one-day programme.

Aligning with watershed reforms

The ZCFC launches at an opportune moment for Zimbabwean capital, revolving around opportunities created by a revived landscape for investment. Driven by amendments undertaken over the past 24 months, including:

  • Eased listing requirements
  • Structural reweighting toward yield-oriented real assets
  • Institutionalization of Green, Social and Sustainability Bonds
  • Establishment of specialized investment frameworks (SPACs and ATPs)
  • Formation of the Zimbabwe Entrepreneurship Exchange (ZEEX)
  • The 2026 promulgation of Statutory Instruments 62 and 63, firmly establishing the operational, membership, and trading architecture for the Victoria Falls Stock Exchange (VFEX).

“Zimbabwe’s capital markets have just been through arguably their most significant reset in a generation. Over the past two years the ecosystem and the infrastructure have been built,” says Murray Anderson, Commercial Director at event organizers API Events.

“But reform only matters if it reaches the market, and that is the purpose behind the ZFCF. The capital exists and the products are finally here; this forum is where they meet.”

The shared ZimReal/ZCFC opening plenary will explore how the reforms have created a platform for innovation across the investment ecosystem, including the country’s stock exchanges.

The combined value of the ZSE and VFEX now exceeds US$7 billion. The US-dollar-denominated VFEX has scaled quickly to roughly US$3.8 billion across 19 counters – propelled by Econet InfraCo’s US$1 billion listing in March, the largest in the country’s history – while the 132-year-old ZSE continues to anchor the market at around US$3.4 billion. The two exchanges now offer issuers and investors complementary local-currency and hard-currency routes to capital.

“Zimbabwe has made meaningful progress in strengthening its capital markets through reforms that have enhanced the investment ecosystem. The next phase is about creating a consistent pipeline of well-prepared, bankable investment opportunities that meet institutional investors’ requirements,” said Benerdict Chisale, General Manager of the Investor Hosting Centre (IHC) – a platform for global investment in Africa.

The institutional prize: capital looking for a home

Zimbabwe’s pension sector held approximately US$2.63 billion in assets at mid-2025, according to the Insurance and Pensions Commission (IPEC).

Zimbabwe has made meaningful progress in strengthening its capital markets through reforms that have enhanced the investment ecosystem

Chisale said that the IHC’s H1 2026 investment analysis illustrates that while liquidity exists within pension funds, asset managers and other institutions, the greatest challenge remains bridging the gap between available capital and investment-ready projects.

“Zimbabwe does not have a capital shortage; it has a bankability challenge. The winners in this new era will not simply be those with capital, but those who can structure investable opportunities that inspire investor confidence. That is the conversation the Zimbabwe Future Capital Forum should lead.”

Meanwhile, listed property, led by Tigere, Revitus, Eagle and Pfuma, has pushed past US$100 million in market capitalisation terms, cementing REITs as early movers and symbols of deepening local capital markets.

“The local REIT market continues to expand rapidly, thanks to growing institutional and retail demand for property-backed assets which provide a packaged combination of passive income, value preservation, yield uplift, and trading liquidity,” said Brett Abrahamse, Managing Director at Terrace Africa (REIT manager for the Tigere REIT).

Tinashe Kembo, Managing Director of Artic Blue Asset Management, REIT manager for the Pfuma Fund, said the fund’s listing on the VFEX earlier this year had illustrated growing demand for USD-denominated assets.

“We’ve seen first-hand the appetite investors have for quality US dollar-denominated assets that offer both stability and genuine diversification in Zimbabwe’s evolving economy. Pfuma Fund is proud to be part of the conversations shaping the real estate and capital markets in Zimbabwe, and ZimReal and ZFCF are one such platform.”

Capital and property – hand-in-hand

Following the joint opening, the ZFCF agenda will further probe how the reforms can be translated into concrete investment pipelines; the unlocking of pension capital and private equity; other non-bank alternatives; and various funding sources available to market players.

“Forums such as the ZCFC serve as great platforms to increase awareness and market knowledge of REITs, amongst other asset classes across our burgeoning capital markets,” Abrahamse said.

ZimReal’s agenda will, as always, focus on the most pertinent topics shaping modern day real estate investment in Zimbabwe, from listed property and REIT performance, to residential, commercial, secondary city, green building and AI-enabled opportunities.

Anchoring both agendas is a convening of Zimbabwe’s most consequential public and private sector players, from banks, pension funds, asset managers and private equity houses holding the capital, and the developers and listed funds turning it into yield and growth.

Event details:

  • What: Inaugural Zimbabwe Future Capital Forum & the 6th Annual ZimReal Property Investment Forum (co-located)
  • When: 26 August 2026
  • Where: Hyatt Regency Harare, The Meikles
  • Format: In-person
  • Scale: 400+ delegates · 100+ companies · 10+ countries

For more information and to register, visit the Zimbabwe Future Capital Forum website here (https://apo-opa.co/4by0qbq) and the ZimReal website here (https://ZimReal.com).

Distributed by APO Group on behalf of API Events.

Business

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

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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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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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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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