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Nigerian tech ecosystem leads Artificial Intelligence (AI) innovation race at GITEX AFRICA’s Artificial Intelligence (AI) Everything Expo launch

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GITEX

Government leaders, award-winning start-ups from Nigeria to share centre-stage at continent’s largest tech and start-up event

MARRAKECH, Morocco, April 25, 2024/APO Group/ — 

Nigerian start-ups are leading an epic AI innovation race with innovative digital solutions solving cross-continental challenges, as the very best from Africa’s largest economy take centre stage at the rising Silicon Valley’s largest tech and start-up event in Morocco next month.

From AI-powered diabetic care, to SaaS (Software as a Service) platforms boosting agriculture profitability, Nigerian tech is shaping the future of Africa’s burgeoning digital economy, enticing global investors with tantalising venture opportunities at the AI Everything Expo by GITEX AFRICA 2024, the continent’s largest tech and start-up event, from 29-31 May in Marrakech. 

Nigeria’s bold initiatives establishing the country as a dominant force in AI and tech talent development will be amplified by strong venture capital demand and interest at GITEX AFRICA’s AI Everything showcase, the continent’s most progressive power forum for AI exploration and deep tech innovation.

That demand will be intensified by the incredible AI growth opportunity in Nigeria; according to analysts Statista, Nigeria’s AI market value will surpass the US$1 billion mark in 2024, growing 17 percent annually over the next seven years to reach US$3 billion by 2030.

Advancing African business and society

FundusAI, Africa’s first AI-powered diabetic care ecosystem, is an example of Nigerian-borne innovation allowing doctors to detect Diabetic Retinopathy early, and will be one of more than 60 of the most outstanding Nigerian start-ups among hundreds of global start-ups at GITEX AFRICA 2024.

“Our product stands out as Africa’s first AI-powered ecosystem for diabetic care,” said FundusAI’s CEO and Founder Abulmalik Adeyemo, who wants to diagnose more than five million patients annually by 2027, while expanding FundusAI’s scope to address additional eye health issues. 

“FundusAI offers automated diagnosis, appointment scheduling, treatment referrals, and community support. Additionally, our gamified data collection ensures personalised healthcare insights.”

Farmatrix is another Nigerian AI game changer at AI Everything Expo by GITEX AFRICA 2024, a SaaS platform that connects farmers with agro-commodity aggregators and buyers in real time using advanced AI algorithms, greatly reducing post-harvest loss and boosting profits.

Africa needs to build AI products, and we need to be thinking about regulation, not just from a safety perspective, but about regulation that encourages productivity

“More than 60 percent of smallholder farmers in Nigeria lose nearly half of their post-harvest yield because they can’t readily access buyers for their products,” said Nyafamu Manzo, Founder of Farmatrix.

“Farmatrix democratises purchase orders, guaranteeing end-to-end market, secure storage facilities, and trusted logistics services for every farmer and agro-commodity aggregator in our network.”

Elevating African AI tech talent

While Africa is still in the early stages of AI adoption, there’s a growing interest in the transformational technology across the continent, as governments balance the fine act of AI innovation and regulation, while fast-tracking AI talent development plans. 

Tomiwa Aladekomo, CEO of Big Cabal Media, the Nigerian-based Pan-African media group that tells the great African start-up story to the world, said Nigeria sets an example of elevating tech talent to accelerate productivity and attract investment across the continent.

“In Nigeria, the Ministry of Communications, Innovation, and Digital Economy is training three million tech talents over the next four years, and that’s the kind of thing we want to see across the continent,” said Aladekomo, a speaker at the Future of Finance Summit, one of more than ten powerful conference programmes at GITEX AFRICA 2024.

“Africa needs to build AI products, and we need to be thinking about regulation, not just from a safety perspective, but about regulation that encourages productivity, allowing us to be producers (of AI) rather than just consumers – and that’s going to require a ton of tech talent.”

Fast-tracking a burgeoning African digital valley

Under the High Patronage of His Majesty King Mohammed VI of the Kingdom of Morocco, GITEX AFRICA is held under the authority of the Moroccan Ministry of Digital Transition and Administration Reform, supported by the Ministry of Health & Social Protection, and hosted by the Digital Development Agency. The 2nd blockbuster edition, organised by KAOUN International, follows its pioneering debut in 2023.

More than 30 high-level Nigerian-based speakers are set to partake at the power-packed GITEX AFRICA conference programme, fast forwarding cross-border collaboration and investment opportunities. Headline government dignitaries participating include Tunji Alausa, the Honourable Minister of State, Health and Social Welfare for the Federal Republic of Nigeria; Akin Abayomi, Honourable Commissioner for the Lagos State Ministry of Health; and Dauda Lawal, Honourable Governor of Zamfara State. 

Other headliners include Aminu Maida, CEO of Nigeria Communications Commission (NCC); Prasanna Burri, Group CISO of Dangote Group; Yewande Adewusi, COO of Altheia Capital, and Yau I. Garba, National Director of the National Center for Artificial Intelligence and Robotics.

More information is available at www.GITEXAfrica.com.

Distributed by APO Group on behalf of GITEX Africa.

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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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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