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Southern African-German Chamber of Commerce Partners with Critical Mineral Africa (CMA) for 2024 Summit

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African Critical Minerals

CMA 2024 will take place under the theme ‘Innovate. Enact. Invest in African Critical Minerals to Sustain Global Growth’

CAPE TOWN, South Africa, July 15, 2024/APO Group/ — 

German technologies and funding have been instrumental in advancing the critical minerals value chain in Southern Africa. In January 2024, the German Ministry for Economic Cooperation and Development initiated a call for proposals from South African green hydrogen project developers to access grants from its €270-million ($292 million) Power-to-X Development Fund (http://apo-opa.co/463CQiN). The funding will play a crucial role in helping South Africa maximize the exploitation of its platinum group metals (PGMs) – which account for over 80% of the global reserves – for green hydrogen application.

Amid rising interest by German entities in investing in Africa’s critical mineral value chain, the Southern African-German Chamber of Commerce and Industry (AHK Southern Africa) has once again partnered with Critical Mineral Africa (CMA) Summit – taking place November 6-7 in Cape Town.

The Critical Minerals Africa 2024 summit on November 6-7 serves to position Africa as the primary investment destination for critical minerals. The event is held alongside the African Energy Week: Invest in African Energy 2024 conference (http://apo-opa.co/3VMQTpp) on November 4 – 8, offering delegates access to the full scope of energy, mining and finance leaders in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com

Part of a global network of German Chambers of Commerce Abroad, AHK Southern Africa supports German-based companies in establishing and expanding their business relations across the southern African region. In the critical minerals industry, the chamber supports businesses looking at investing in projects across the value chain, including associated industries such as energy, logistics and infrastructure development.

German companies have been gradually increasing their investments in southern Africa, given the region’s rich mineral reserves and growing global demand for clean energy technologies. In February 2024, German automaker BMW launched a pilot program for its hydrogen fuel cell electric vehicles in South Africa in collaboration with mining firm Anglo American and global energy company Sasol. Anglo American will supply PGMs for green hydrogen production while Sasol will establish green hydrogen electrolyzers. Sasol has partnered with BMW to develop EV charging infrastructure​.

Meanwhile, in July 2023, AHK Southern Africa and German development agency Deutsche Gesellschaft für Internationale Zusammenarbeit hosted (http://apo-opa.co/3WpyGyQ) a delegation from the Democratic Republic of Congo (DRC)’s mining industry in Johannesburg. The workshop focused on best practices to enhance cooperation on community development and business opportunities between German firms and the DRC’s mining sector – which holds the world’s largest cobalt reserves and significant copper, lithium, nickel and rare earth resources​. In February 2023, German manufacturer RÄDER VOGEL (http://apo-opa.co/4cCuoJZ) partnered with industrial distributor VGL Africa. VGL Africa became the exclusive distribution partner for the company regarding industrial products and engineering solutions for mining applications across Southern Africa. These include supporting clients such as mining and exploration firm Harmony Gold, Anglo American, Sasol and multinational steel producer ArcelorMittal​.

These projects represent just some of the many investments by German companies kicking off across the regional mineral value chain. During CMA 2024, AHK Southern Africa will participate in exclusive networking sessions and project showcases, highlighting investments prospects for German funders within Africa’s burgeoning critical mineral sector.

“Germany is fostering sustainable development and fast-tracking the global energy transition by advancing southern Africa’s critical mineral landscape. As Africa’s market for energy transition metals expands, lucrative opportunities for German companies continue to increase,” stated Rachelle Kasongo, Project Director at CMA-organizer Energy Capital & Power.

Distributed by APO Group on behalf of Energy Capital & Power.

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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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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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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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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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