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News Flash: Calling All Businesses with an Africa Expansion Strategy

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Businesses

Empowering Africa’s Future through Responsible Business

NAIROBI, Kenya, March 31, 2024/APO Group/ — 

Calling all international and continental business leaders, both established and growing, whose expansion and new market strategies include the African continent. Join us at the groundbreaking 2024 Africa Shared Value and ESG Summit (www.AfricaSharedValueSummit.com), taking place in Nairobi, Kenya, from October 24th to 25th.

This inaugural event is more than just a conference—it’s a call to action for organisations operating in Africa or planning to enter this vibrant market. The summit will provide a unique platform for leaders to engage in meaningful discussions about integrating Shared Value principles with Environmental, Social, and Governance (ESG) initiatives, all aimed at fostering sustainable economic transformation across the continent.

Responsible Business

Responsible Business is about more than just reporting or adhering to governance and compliance regulations. Businesses have an enormous responsibility towards society and the environment and need to consciously and deliberately create prosperity for all their stakeholders, not just their shareholders. The summit will explore topics such as how companies can profitably address societal and environmental issues through their core business to create a positive impact and report credible and authentic data and information in their ESG Reporting.

Creating Shared Value is a revolutionary way of thinking in the business-society relationship, marrying society’s social goals with business in a profitable manner, triggering innovation, wealth redistribution, and growth for humanity and business. Prof. Michael Porter and Prof. Mark Kramer, the creators of the Shared Value Business Management model, further build on the practices and principles and how companies can create shared value through reconceiving products and markets, redefining productivity in the value chain, and building supportive industry clusters at the company’s locations (Odia, 2018).

Africa’s Economic Outlook:

Africa is on the rise, with a burgeoning middle class, rapid urbanization, and increasing consumer spending. According to the African Development Bank, Africa’s real GDP is expected to grow by 4.1% in 2024, outpacing the global average. This growth is driven by sectors such as technology, agriculture, and renewable energy, presenting ample opportunities for businesses looking to make a positive impact.

In the words of the CEO and Founder of the Shift Impact Africa Group, which consists of Shift Impact Africa and the Shared Value Africa Initiative, and Head of the Organizing Committee of the 2024 Africa Shared Value and ESG Summit: “Africa is where we are building the global future.”

The economic outlook for Africa from 2024 onwards appears promising, with several forecasts indicating a positive trajectory. Growth in Central Africa is expected to moderate to 3.5% in 2024, with a projected recovery in private consumption and increases in mining investment. In countries such as South Africa, fiscal constraints are anticipated due to weak revenues and rising debt-servicing costs, but the overall outlook remains optimistic. The continent’s growth is expected to rebound to 4% in 2024, with broad-based improvements supported by government efforts across various countries. Moreover, Africa’s economic growth is projected to outpace global forecasts in 2023 and 2024, despite challenges faced in 2022. Overall, the continent’s economic outlook for the coming years is cautiously optimistic, with continued growth and development expected across various sectors.

Africa is where we are building the global future

Why Participate as a Brand?

The need to grow markets is a given for any brand, and the summit provides an opportunity for brands and leadership to step onto the stage and share their strategic plans for expanding into the African market. It is an opportunity for an organisation as a funder and/or sponsor to shine the light on your work and to connect with like-minded organisations and individuals who believe in Africa’s potential and are willing to collaborate in building the prosperous future we envision for the continent.

Why Attend the 2024 Africa Shared Value and ESG Summit?

Network with Industry Leaders: Connect with influential business leaders, policymakers, and stakeholders who are shaping Africa’s future.

Gain Insights on Sustainable Business Practices: Learn how integrating Shared Value and ESG principles can drive profitability while addressing social and environmental challenges.

Explore Opportunities for Growth: Discover new avenues for business expansion and investment in one of the world’s fastest-growing regions.

Join us as a Sponsor:

Join us at the 2024 Africa Shared Value and ESG Summit and be part of a movement that is redefining business success in Africa. Together as a collective, we can create a sustainable future that benefits all stakeholders.

Register Now:

Don’t miss this opportunity to shape the future of business in Africa. Register now to secure your spot at this landmark event.

For more information and registration details, please visit our website.

We look forward to welcoming you to Nairobi and embarking on this journey towards shared prosperity in Africa.

Distributed by APO Group on behalf of Africa Shared Value and ESG Summit.

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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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Business

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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