WASHINGTON D.C., United States of America, August 28, 2026/APO Group/ —

• Asantehene presented a royal vision for Africa’s economic renaissance
• Day 1 proceeded under the theme – The Vision Day: Unlocking Africa’s Century, A Diaspora Mandate”
• Fireside chat with Boris Kodjoe on The Diaspora Return

The Africa Business Investment Summit 2026 opened this morning at the MGM National Harbor, in Washington D.C. Metro, with a royal keynote by the Summit’s Patron, His Majesty Otumfuo Osei Tutu II, Asantehene, as the Millennium Excellence Week hosts its first event outside of Ghana.

The opening ceremony, themed “The Asante Crown Meets the Diaspora,” convened more than 400 registered delegates, including senior government officials, C-suite executives, and US-based institutional investors. They were drawn together under a single mandate: to facilitate $500 million in structured capital commitments between African deal originators and US institutional capital during the two-day summit.

Delivering his keynote address, His Majesty articulated a vision of African economic sovereignty where the diaspora serves as architects of continental development. Speaking with characteristic authority, His Majesty called on African governments, diaspora communities, and international institutional partners to align capital, policy frameworks, and political will behind a shared agenda for the continent’s economic future.

In his address, His Majesty Otumfuo Osei Tutu II, Asantehene said: “For too long, Africa has been described mainly in terms of its deficiencies. We have heard of the roads not built, the electricity not generated, the jobs not created, the capital not available, and the institutions not strong enough,”

Speaking further he noted that “Africa must no longer be regarded merely as a continent of future potential. Africa is already becoming a central part of the future global economy, and those who understand this early will position themselves advantageously.”

Honorable Sampson Ahi, Deputy Minister for Trade, Agribusiness, and Industry, who represented the President of the Republic of Ghana, detailed macroeconomic indicators signalling domestic economic recovery and industrial policy priorities: “ Our ambition is transformation. We want an economy that moves beyond exporting raw materials to manufacturing finished products, creating value, jobs, and shared prosperity. We want capital that drives productivity, entrepreneurship, and innovation. This is the philosophy behind the twenty-four-hour economy program, which is a commitment stimulating round-the-clock production, improving productivity, and developing a competitive and export-oriented economy.”

The first day of the summit concluded under the theme “The Vision Day: Unlocking Africa’s Century, A Diaspora Mandate”, exploring through a series of plenary sessions the most pressing deal themes in US–Africa investment today.

Programme spotlights included: The Diaspora Return, a fireside chat with Boris Kodjoe, Beyond Remittances: Building Africa’s Sixth Region, diaspora capital beyond transfers, The New Gold Rush: Africa’s Seat at America’s Critical Minerals Table,  Ghana’s Gold Moment: From the Gold Coast to Global Market Power, The Diaspora Dollar: Fintech and the Next Remittance Corridor and Powering the Continent: Energy, Infrastructure and the US–Africa Partnership

The second and final day of the event will continue to explore investment opportunities across the continent through sector spotlights on the Creative Economy, Health & Pharma, Technology, and Digital Financial Services.

Following these plenaries, the event will conclude with bilateral investment meetings that will translate the vision outlined in the plenary hall into concrete investment decisions.

Review Day 1 Plenary Sessions: https://apo-opa.co/4cPkRRP

Watch Day 2 Live Stream: https://apo-opa.co/4gYIxFP

• Day 2 to explore investment opportunities and conclude with bilateral investment meetings

Aligning with AMW’s 2026 theme, “Mining the Future: Critical Resources, Sustainability and Community Development,” the delegation’s participation coincides with a surge of investment-led growth in Africa. Holding approximately 30% of the world’s mineral reserves, the continent has emerged as a strategic destination for long-term capital, driven by skyrocketing global demand for critical minerals in clean energy technologies, defense applications, and advanced manufacturing.

As the leading independent provider of information, analytics, and benchmark prices for the energy and commodities markets, S&P Global Energy will help shape key discussions on the market forces and exploration trends impacting this vital sector.

The S&P Global Energy executive delegation at AMW 2026 includes:

• Atul Arya, SVP and Chief Energy Strategist
• Rahul Kapoor, VP, Head of Shipping & Metals
• Vera Blei, Head of Platts
• Fernando Araya Burchard, Critical Minerals Lead
• William Mason, Associate Director, Mining Economics & Emissions
• Malick Diallo, Commercial Lead, EMEA & CIS

Key S&P Global Presentations and Insights: During the event, S&P Global experts will provide proprietary data on the commercial realities shaping mineral development through their panel moderations and presentations. For example:

• Dr. Atul Arya will moderate the Ministerial Panel “Regional Policy Alignment: Mining Code Reforms to Unlock Value.”  Rahul Kapoor will guide the conversations of panels, “The New Resource Contract: Balancing Sovereignty, Nationalism, and Investor Certainty” and “Unlocking Refining Investment.” 
• Transition Minerals and Capital Allocation: Fernando Araya Burchard will explore new opportunities across exploration, production, and mineral beneficiation. He will contextualize these trends against staggering demand forecasts—including a projected 350% increase in global lithium demand and a 130% rise in graphite demand by 2040—and discuss how African governments are leveraging international partnerships to expand capacity and modernize infrastructure.
• Bucking the Trend: Africa’s Decade-High Exploration Surge and the Rising Cost of Production: Despite possessing some of the world’s largest reserves of copper, cobalt, platinum group metals, lithium, and rare earth elements, Africa attracts less than 10% of global exploration expenditure. William Mason will unpack this untapped geological potential and the commercial realities of production costs.
• S&P Global Energy will host c-suite roundtable on critical issues facing the mining industry in Africa.

ADVANCING TRANSPARENCY IN CRITICAL MINERALS 

Africa’s central role in the energy transition benefits from transparent pricing and supply chain visibility. Aiding the market’s need for such transparency, S&P Global Energy’s Platts recently launched a set of spot market price assessments for rare earth elements: first-of-their-kind, for mine-to-industry “alternative supply chains (https://apo-opa.co/3T4yhCT),” reflecting  prices of refined materials originating from Angola, Madagascar, Mozambique, Nigeria, South Africa, Tanzania, and other nations and China rare earth elements (https://apo-opa.co/45ZaGq9), on a free-on-board basis.

Additionally, S&P Global recently published independent reports on Tungsten (https://apo-opa.co/4iD8j3I), Antimony (https://apo-opa.co/4y62qAv), NdPr (https://apo-opa.co/4zI0Bvv), Gallium (https://apo-opa.co/4gHzlEI), and Germanium (https://apo-opa.co/46hrusJ). These reports aim to advance market transparency and foster dialogue among producers, processors, consumers, investors, and policymakers regarding supply chains that are essential to defense, semiconductors, aviation, and other strategic global industries.

Dr. Arya spoke with African Mining Week highlighting the importance of Africa’s mineral wealth and opportunities for African nations and companies: “Global Mineral Race Positions African Producers as Active “Price Setters”, Says S&P Global Energy (https://apo-opa.co/4y8xcZz).”

Organized by Energy Capital & Power, African Mining Week runs alongside the African Energy Week: Invest in African Energies 2026 conference (October 12-16 in Cape Town), where S&P Global Energy is an Emerald Sponsor and will also feature an executive delegation.

For more information on African Mining Week, visit: https://African-MiningWeek.com/

For more information on S&P Global Energy, visit: https://www.SPGlobal.com/energy/en.

Baatjies will participate in the Regional Connectivity: Financing Africa’s Mineral Infrastructure panel, where he is expected to discuss Transnet’s strategy to modernize South Africa’s freight rail network, expand private sector participation and strengthen regional logistics corridors to support mining growth and cross-border trade.

His participation comes as South Africa accelerates sweeping logistics reforms aimed at removing infrastructure bottlenecks and unlocking greater investment across its mining sector. As the country seeks to mobilize R2 trillion to develop its critical minerals industry – including an estimated R40 trillion in untapped iron ore resources – expanding rail and port capacity has become central to increasing exports of coal, platinum group metals, manganese, chrome and iron ore while improving regional trade connectivity.

In May 2026, Transnet signed rail access agreements with 11 Train Operating Companies (TOCs) serving the coal, manganese, container, fuel and general freight sectors, marking a major step toward opening the national freight rail network to private operators. The agreements are expected to add 24 million tons of annual freight capacity, with the potential to increase to 52 million tons over the next five years, supporting South Africa’s goal of increasing annual rail volumes from approximately 180 million tons to 250 million tons by 2030.

Building on these reforms, Transnet launched the procurement process in June 2026 for The Leasing Company, a rolling stock leasing platform designed to improve access to locomotives and wagons for both established and emerging TOCs. The initiative is expected to increase asset utilization, strengthen freight capacity and attract greater private investment into Southern Africa’s rail sector.

The company is also reinforcing its financial position to accelerate infrastructure modernization through major financing agreements, including a €300 million loan from Agence Française de Développement, a €350 million loan from the European Investment Bank, a $278 million facility from the New Development Bank, a $1 billion loan from the African Development Bank and a R94.8 billion government guarantee package supporting its long-term recovery and investment program.

Alongside infrastructure investment, Transnet is strengthening collaboration with the mining industry to improve export capacity through strategic agreements with Exxaro Resources, United Manganese of Kalahari, Hotazel Manganese Mines and Tshipi é Ntle Manganese Mining, reinforcing efforts to support higher mining production through more efficient logistics.

At AMW 2026, Baatjies is expected to examine how rail modernization, private sector participation and regional logistics integration can unlock new mining investment while strengthening Africa’s mineral value chains and improving access to global markets.