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President João Lourenço Honors Haim Taib with Angola’s Peace and Development Medal for Three Decades of Partnership and Progress

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Angola

Haim Taib is a businessman, investor, and philanthropist, with over 40 years of experience, more than 35 in Africa building a powerful value chain of companies and initiative

FRAUENFELD, Switzerland, November 10, 2025/APO Group/ –As part of the national celebrations marking 50 years of Angola’s independence, the Government of Angola has honored individuals and partners who have made exceptional contributions to the country’s development and progress. Among those recognized, H.E. João Manuel Gonçalves Lourenço, President of the Republic of Angola, awarded Haim Taib, Founder and President of the Menomadin and Mitrelli Group (https://Mitrelli.com/), the Peace and Development Medal (Classe Paz e Desenvolvimento), in acknowledgment of his long-standing partnership with Angola and his contribution to strengthening the nation’s economic and social foundations.

Haim Taib is a businessman, investor, and philanthropist, with over 40 years of experience, more than 35 in Africa building a powerful value chain of companies and initiative. For more than 35 years, he has worked and led over 100 national-scale projects and mobilized investments that have improved lives and supported sustainable growth across the continent.

Arriving in Angola in 1991, during the civil war, Taib recognized the country’s resilience and potential, beginning his work in the country with a vision to transform peace into progress and hope into opportunity, mobilizing financial and human resources and contributing to the country during such economic and socially challenging period. Following the war, joining different sides of the conflict with a share purpose, he succeeded in implementing a self-sustaining communities based on food production. The initiative Aldeia Nova became a symbol of peace and a new chapter for agri-industrial development.

From that foundation, Taib led the next phase of growth, through his ecosystem of companies, including Mitrelli, Luminar, Menomadin and JETA, becoming a strategic partner of Angola for major sectors for human development: water, food security, energy, and housing, followed by education, healthcare, and technology, implementing major national solutions as water for all, advanced hospitals, entrepreneur centers, vocational schools, launching major operation in telecommunication (mobile and satellite and TV broadcast) and social impact. Lately, relevant projects of new centralities and Science Center became another reference of his mission, laying the foundations for inclusive growth.

A national honor for decades of transformative partnership

In 2025, building on three decades of partnership, he co-founded the Lobito Corridor Impact Development (LCID) Platform together with Angola’s Sovereign Wealth Fund, a USD 1 billion private-sector-led initiative, with USD 100 million already committed. The platform represents a new generation of financing mechanisms that blend public purpose with private capital, unlocking infrastructure, trade, agriculture, and education across Angola, the DRC, and Zambia.

None of this would have been possible without the partnership and trust of the Government of Angola, local authorities, business and financial partners, and the many communities and employees who opened their doors and hearts to work together. Over the years, these projects have created tens of thousands of jobs, brought electricity and water to millions, built new homes and hospitals, and empowered youth through innovation, education and culture. Their dedication is what turns vision into real impact and progress into everyday life.

Taib social development vision is embodied in the Fundação Arte e Cultura, empowering young Angolans through art, education, and culture. As Angola celebrates 50 years of independence, the Classe Paz e Desenvolvimento medal honors Haim Taib’s enduring contribution to the nation’s peace and development.

“This recognition belongs as much to the people of Angola as it does to me,” said Haim Taib. “It is a tribute to our shared belief that when people can dream, they can create. They can change. They can build their future with their own hands. I share this honor with everyone in our Group, the wonderful people whose dedication, values, and belief in this vision have brought it to life and continue to do so every day.”

Ceremony video: https://apo-opa.co/484faxn

Distributed by APO Group on behalf of Mitrelli Group.

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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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February 6, 2026

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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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February 6, 2026

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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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February 6, 2026

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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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