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Professor Benedict Oramah recognised for long service as Export Trading Group (ETG), TRACE, KCB and CBZ toast award success at 32nd Afreximbank Annual Meetings

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Afreximbank

The Pan-African Business and Development Awards, held annually during the Afreximbank Annual Meetings, are designed to celebrate and recognise transformative businesses and financial institutions within the African continent and in the diaspora

ABUJA, Nigeria, July 18, 2025/APO Group/ —Key Highlights

  • The third edition of the Pan-African Business and Development Awards has recognised and celebrated leading businesses on the continent and in the diaspora in alignment with Afreximbank’s push for a promotion of a Global Africa
  • Marking his distinguished tenor, Professor Benedict Oramah, outgoing Afreximbank President, was honoured with the Bank’s Long Service Award alongside other employees
  • Export Trading Group (ETG) won the Global Africa Business Leader Award 2025 for fostering economic growth across the continent and enhancing food security
  • KCB Group Plc, Kenya and CBZ Bank, Zimbabwe emerged winners of the Afreximbank Financial Institutions Award 2025 for banking institutions with more than $500m and less than $500m capital respectively for having played a pivotal role in bridging the trade finance gap in Africa.
  • TRACE, a multimedia platform dedicated to the entertainment and empowerment of people of African descent won the Diaspora Business of the Year Award for their impact in strengthening continental and diaspora ties.

 

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) hosted the third edition of the Pan-African Business and Development Awards in association with the Business Council for Africa (BCA) on Wednesday June 25, 2025, at a colourful Gala Dinner attended by more than 400 dignitaries including business and political leaders from Nigeria, across Africa and the diaspora.

The Pan-African Business and Development Awards, held annually during the Afreximbank Annual Meetings, are designed to celebrate and recognise transformative businesses and financial institutions within the African continent and in the diaspora in keeping with the Bank’s vision for a Global Africa.

Export Trading Group (ETG), operational in nearly 20 countries on the continent, won the Global Africa Business Leader Award, 2025 for fostering economic growth across the continent and enhancing food security by connecting smallholder farmers with regional and global markets, improving livelihoods and boosting intra-African trade, reflecting Afreximbank’s mandate of fostering trade and economic growth across the continent. The company’s investments in storage, logistics, and processing infrastructure have helped reduce post-harvest losses and increased value addition.

With these awards, we reaffirm our commitment to the shared goal of transforming the African economy and restoring the dignity of Africans

This year, TRACE, the multimedia platform dedicated to the entertainment and empowerment of people of African descent, won the Diaspora Business of the Year award for its impact in strengthening continental and diaspora ties through the vehicle of entertainment. Its mission is to uplift African identity through music, education, and storytelling. TRACE’s platforms reach and support over 5,000 artists and 1,000 brands annually. It employs hundreds across Africa, contributing hundreds of millions of dollars in value.

Two banking giants were recognised in the Afreximbank Financial Institutions Award2025. KCB Group Plc, Kenya’s largest bank by assets emerged winner of the award for banking institutions with more than $500m capital while CBZ Bank, also Zimbabwe’s largest Bank emerged winner of the Afreximbank Financial Institutions Award-2025 for banking institutions with less than $500m capital.

KCB, which won in the same category in 2024, was recognised for facilitating local and cross-border trade finance through various products as well as mitigating risks inherent in trade on behalf of its customers. One of the first East African banks to enhance financial inclusion and economic growth, it has positioned itself as an enabler for businesses and consumers to transact efficiently across African borders.

CBZ Bank from Zimbabwe has played a pivotal role in bridging the trade finance gap in Africa by leveraging strategic partnerships, introducing innovative products, and executing a comprehensive pan-African vision. During the 31st Afreximbank Annual meetings held in Nassau, The Bahamas last year, CBZ Bank and Afreximbank inked two deals (https://apo-opa.co/44ZDCxm) totalling $80 million consisting of US$60 million line of credit and $20 million Afreximbank Trade Facilitation Programme (AFTRAF) facility signalling their continued collaboration aimed at promoting economic development.

In a speech delivered on behalf of Professor Benedict Oramah, President and Chairman of Board of Directors at Afreximbank, the Bank’s Senior Executive Vice President, Denys Denya, said: “This Awards event is our way of saying thank you to everyone who, regardless of size or significance of your role, has contributed to furthering the course of development in Africa. I would like to take this opportunity to congratulate you. With these awards, we reaffirm our commitment to the shared goal of transforming the African economy and restoring the dignity of Africans, regardless of their geographic location.”

Arnold Ekpe, former group CEO of Ecobank Transnational Incorporated and chair of the BCA, in his remarks, commented on the importance of recognising and celebrating institutions that contribute to Africa’s development, which he said, “has become the defining essence of Afreximbank.”

A major highlight of the awards ceremony was the recognition of four long serving Afreximbank staff members for their dedicated service of between 25 and 30 years. This esteemed group included Professor Benedict Oramah who was honoured for over three decades at the Bank with ten years spent at the helm as President and Chairman of Board of Directors.

Presenting the long service award to Prof. Oramah, Wale Edun, Nigeria’s Minister of Finance and Coordinating Minister of the Economy said: “Tonight, we acknowledge not just a remarkable career, but a transformative journey spanning three decades. Under your leadership, the bank hasn’t just scaled; it has soared, championing strategies that have fundamentally reshaped trade and development across Africa. Nigeria is incredibly proud of your achievements, your leadership, and your unwavering commitment to the economic prosperity of our continent. You are a true son of the soil; a shining example of what dedication and vision can accomplish.”

The Pan-African Business and Development Awards are hosted by Afreximbank in association with the BCA. The awards series was launched in 2023 to recognise those organisations and leaders that epitomise the pan-African spirit by leading the way in building substantive and transformative cross-border businesses.

Distributed by APO Group on behalf of Afreximbank.

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Century Group Joins African Energy Week (AEW) 2026 as Floating Production Storage and Offloading (FPSO) Partner, Showcasing Regional Offshore Expansion

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The Nigerian FPSO operator will highlight its fleet capabilities, regional expansion plans and investment partnerships at African Energy Week 2026

JOHANNESBURG, South Africa, April 10, 2026/APO Group/ –Century Group has been confirmed as an Energy Infrastructure and FPSO Partner at African Energy Week (AEW) 2026 in Cape Town, reflecting its growing footprint as one of Nigeria’s leading indigenous offshore operators. The company’s participation underscores its expanding operational capacity, fleet strength and role in driving local content and infrastructure solutions across Africa.
 




 

Century Group’s operational strategy is evolving beyond traditional service provision toward asset ownership, infrastructure management and regional expansion. In October 2025, the company confirmed it is in ongoing discussions with South African partners about potential oil and gas infrastructure projects, highlighting its interest in deploying FPSO and midstream solutions into new regional markets.

This partnership highlights how African-led solutions are increasingly shaping the continent’s energy landscape

At AEW 2026, Century Group will showcase how indigenous operators can support offshore production stability, build local capacity and forge strategic investment partnerships. Its asset portfolio and regional collaborations reflect Nigeria’s evolving offshore landscape, where local operators are increasingly ensuring production continuity, reducing bottlenecks and connecting domestic output to export markets – capabilities central to discussions at AEW’s upstream and infrastructure sessions.

“At AEW 2026, Century Group will showcase not only its fleet capabilities but also its strategic vision for offshore infrastructure development,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “This partnership highlights how African-led solutions are increasingly shaping the continent’s energy landscape and how indigenous operators can bridge technical execution with regional growth opportunities.”

The company’s broader engagement in continental energy dialogues further underscores its strategic outlook. Century Group executives have advocated for deeper Africa‑Gulf partnerships, identifying Africa’s youthful demographics and growing energy demand as opportunities for joint investment and capability development in global energy markets.

These developments align with a wider shift in Nigeria’s energy ecosystem, where local capacity and policy reforms are boosting indigenous participation, enhancing competitiveness and unlocking private capital. Century Group’s trajectory – from managing FPSO/FSO infrastructure to cross-border expansion and strategic partnerships – reinforces its value as an FPSO partner for AEW and as a leader in Africa’s offshore energy sector.

Distributed by APO Group on behalf of African Energy Chamber.

 




 

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ES-KO Secures Five-Year Catering & Facilities Management Contract Renewal with TotalEnergies EP Congo

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The contract renewal has generated strong momentum, reinforcing alignment, confidence, and renewed energy as ES-KO moves forward into this next chapter alongside TotalEnergies EP Congo

POINTE-NOIRE, Congo (Republic of the), April 10, 2026/APO Group/ –In mid-March, ES-KO (www.ES-KO.com) marked an important milestone in Congo with the renewal of its catering and housekeeping contract with TotalEnergies EP Congo for an additional five years. Awarded following a full tendering process, the renewal affirms ES-KO’s competitiveness, reliability, and operational excellence.
 




 
Download Brochure: https://apo-opa.co/4spz8K0

During the on-site visit, Beatrice Falsetti, ES-KO Operations Manager, and Olivier Guigon, ES-KO Congo General Manager, met with TotalEnergies EP Congo representatives to officially launch this new phase of collaboration. Discussions focused on future priorities, including continuous operational improvement, service quality, and initiatives to further strengthen coordination across sites.

The visit also included a trip offshore to Likouf, one of TotalEnergies EP Congo’s key production sites. Located 75 km off the coast of the Republic of Congo, Likouf is a massive floating production unit (FPU), roughly the size of two football fields and weighing around 80,000 tonnes. Operating 24/7, it is a fully self-contained industrial and living environment.

Likouf is also notable for being the first fully electric FPU, designed to significantly reduce its environmental footprint. Its “all-electric” system provides the power required for operations while minimizing gas combustion, supporting more sustainable offshore production.

Operating in such a remote and high-tech environment presents unique logistical and operational challenges—from complex supply chain coordination to maintaining consistent service standards at sea. Personnel typically live on the platform for rotations of up to one month, making daily life onboard highly structured and repetitive. In this context, ES-KO’s catering and facilities management services play a key role in supporting well-being and morale, bringing comfort, variety, and moments of relief that help break the routine.

Back onshore, ES-KO management gathered at the office to share the news with in-house teams and personally congratulate them on their efforts and contribution to this achievement. The contract renewal has generated strong momentum, reinforcing alignment, confidence, and renewed energy as ES-KO moves forward into this next chapter alongside TotalEnergies EP Congo.

Earlier in February, ES-KO was awarded an HSSE Trophy by TotalEnergies EP Congo in recognition of its strong 2025 performance in health, safety, security, and environmental practices.

Distributed by APO Group on behalf of ES-KO.

 




 

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Ascott expands in Nairobi with new Citadines signing, reinforcing the city’s position as a regional hub

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Ascott

The signing reinforces Ascott’s commitment to expanding in high-potential urban markets and builds on its existing footprint in Kenya, where it currently operates Somerset Westview Nairobi, with additional properties in the pipeline

NAIROBI, Kenya, April 11, 2026/APO Group/ –The Ascott Limited (www.DiscoverASR.com), the wholly owned lodging business unit of Capital and Investment (CLI), has announced the signing of Citadines Westview Nairobi, a 160-key hotel located in the capital’s established Kilimani district. The new property will complement the existing 162-key Somerset Westview Nairobi serviced apartments, forming a strategic dual-brand offering that enhances Ascott’s ability to serve both short- and extended-stay demand across a broader range of traveller segments. Scheduled to open in the first quarter of 2028, Citadines Westview Nairobi is designed to cater to a growing mix of both corporate and leisure travellers as well as the meeting and conferences demand.

 




  

 

Reinforcing Nairobi’s Role as a Regional Business Hub
Nairobi continues to strengthen its position as a key regional business and investment hub, supported by growing corporate activity, infrastructure development and increasing international connectivity. This is driving sustained demand for high-quality, flexible accommodation that caters to both short-term and extended stays. The signing reinforces Ascott’s commitment to expanding in high-potential urban markets and builds on its existing footprint in Kenya, where it currently operates Somerset Westview Nairobi, with additional properties in the pipeline.

Nairobi is one of Africa’s most important commercial and lifestyle hubs, with strong fundamentals supporting continued growth in hospitality demand

Part of Ascott’s Broader Africa Growth Strategy
The Nairobi signing forms part of Ascott’s broader expansion across Africa, where the company has secured 10 signings over the past year. Once fully operational, these will expand its portfolio from two properties today to 23 properties with over 2,800 units across 10 cities in eight countries by 2028. In addition to Kenya, Ascott is growing its presence in key markets including Morocco, Nigeria and Ethiopia, where two properties are slated to open in Addis Ababa’s Bole district, further strengthening its footprint in East Africa.

Vincent Miccolis, Managing Director for Middle East, Africa and Türkiye, The Ascott Limited, said:
“Nairobi is one of Africa’s most important commercial and lifestyle hubs, with strong fundamentals supporting continued growth in hospitality demand. This signing reinforces our commitment to the Kenyan market and reflects our focus on expanding in cities where we see sustained demand from both business and leisure travellers. We are honoured to further strengthen our partnership with Britam on this development, bringing together strong institutional investment and Ascott’s global operating expertise. By introducing Citadines alongside Somerset, we are able to offer a broader range of accommodation options that cater to different guest segments, while maintaining the quality and flexibility that define our brands.”

Ambrose Dabani – CEO & Principal Officer Britam Holdings PLC, said: “This investment reflects our long-term confidence in Nairobi as a key economic and commercial hub in the region. We are focused on high-quality, resilient assets that deliver sustainable value over time. Partnering with Ascott allows us to combine strong real estate fundamentals with an experienced global operator, ensuring the development is well positioned to meet evolving demand for professionally managed accommodation in the market.”

Designed for Modern Urban Living
Citadines Westview Nairobi will offer a mix of well-balanced hotel rooms, studios and one-bedroom apartments, supported by a comprehensive range of amenities including food and beverage outlets, meeting and conferencing facilities, a swimming pool, and a fully equipped gymnasium. The F&B offering will complement the Somerset Westview Nairobi’s Jabu rooftop bar and La Mascotte restaurant, contributing to a more vibrant and integrated lifestyle destination within the development. Strategically located  adjacent to Somerset Westview Nairobi in the prime Kilimani district, the property offers seamless access to Nairobi’s key business hubs and lifestyle destinations, providing guests with the flexibility and convenience for a comfortable stay, whether travelling for business or leisure, on short or extended stays.

Distributed by APO Group on behalf of The Ascott Limited.

 

 




 

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