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Simbi Wabote to Chair Africa Local Content and Entrepreneurship Summit at African Energy Week, Fueling Africa’s Energy Revolution

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Simbi Wabote

Simbi Wabote, Executive Secretary of the Nigerian Content Development and Monitoring Board, will play a pivotal role as the Chair, driving essential discussions during the African Local Content and Entrepreneurship Summit at African Energy Week 2023

JOHANNESBURG, South Africa, July 14, 2023/APO Group/ — 

As Africa’s energy sector stands on the threshold of a transformative era, the spotlight shines on the crucial role of local content initiatives in fostering regional skills and economic development. In line with this vision, the African Energy Chamber (AEC) (http://www.EnergyChamber.org), the voice of the African energy sector, is proud to announce that Simbi Wabote, Executive Secretary of the Nigerian Content Development and Monitoring Board, will Chair the African Local Content and Entrepreneurship Summit at African Energy Week (AEW) 2023.

As the premier event for Africa’s energy sector, AEW 2023 – taking place on October 16–20 in Cape Town – will feature a diverse range of panel discussions, technical sessions, workshops, roundtables, exhibitions and much more. As the Chair of the African Local Content and Entrepreneurship Summit, Wabote will play a pivotal role in driving engaging discussions, fostering collaboration, and shaping strategies that promote the growth of local content and entrepreneurship in Africa’s energy industry.

With over 20 years of experience in the international, multinational and national business environments, Wabote has established himself as a change agent skilled in strategic business models, engineering, supply chain management and stakeholder management. Recognized for his contributions to Nigeria’s oil and gas industry, particularly local content development, Wabote is an ideal choice to chair the African Local Content and Entrepreneurship Summit at AEW. His extensive experience will shape the discussions and agenda of the summit.

His expertise in developing and monitoring local content initiatives has been instrumental in driving economic empowerment

Most recently, Wabote served as Shell C&P’s Global Local Content Manager, where he was responsible for developing the Local Content Strategy in upstream and downstream operations. In this role, he successfully implemented local procurement strategies, developed local and international partnership frameworks, managed cross-functional teams, and aligned global supply chains with local supply chains in several countries, including Nigeria, Gabon, Brunei, Oman, Kazakhstan, Australia, Iraq, Qatar, Jordan, the Americas, the U.S. and new frontier countries for Shell.

In Africa, Nigeria and Senegal are among the countries making moves towards prioritizing local content initiatives. The Nigerian Content Development and Monitoring Board and Senegal’s National Content Monitoring Committee have joined forces by signing a Memorandum of Understanding (MoU) that focuses on energy law development, workforce and skills training, and data collection for local content growth. This collaboration aims to ensure that Senegal maximizes the benefits of its oil and gas reserves while tackling industry challenges and capitalizing on opportunities.

During AEW’s African Local Content and Entrepreneurship Summit, participants can anticipate dynamic discussions addressing the challenges and opportunities of local content development and entrepreneurship in Africa’s energy sector. This summit, a key highlight of AEW, aims to foster growth, job creation, and economic empowerment across the continent by unlocking economic opportunities and enhancing overall development. Valuable outcomes are expected, contributing to sustainable growth and the advancement of local content and entrepreneurship in Africa’s energy sector.

“Wabote’s extensive experience and leadership as the Executive Secretary of the Nigerian Content Development and Monitoring Board make him an ideal candidate for this crucial role. His expertise in developing and monitoring local content initiatives has been instrumental in driving economic empowerment, job creation, and sustainable growth in Nigeria’s energy sector,” states NJ Ayuk, the Executive Chairman of the AEC.

As the countdown to AEW begins, stakeholders and industry professionals eagerly anticipate the knowledge-sharing, networking and collaboration opportunities that the summit will offer. With Wabote at the helm, the Africa Local Content and Entrepreneurship Summit is poised to be a pivotal event in shaping Africa’s energy landscape and driving its economic transformation.

AEW is the AEC’s interactive exhibition and networking event that seeks to unite African energy stakeholders, drive industry growth and development, and promote Africa as the destination for African-focused events. For more information, visit www.AECWeek.com

Distributed by APO Group on behalf of African Energy Chamber.

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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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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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