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Stanford Seed renews collaboration with African Management Institute (AMI) to support African entrepreneurs

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Stanford

Stanford has announced a new scholarship fund for the initiative, which spans the African continent, and will now include francophone Africa

NAIROBI, Kenya, February 9, 2023/APO Group/ — 

Seed, a Stanford Graduate School of Business-led initiative, has renewed its collaboration with the African Management Institute (AMI) (www.AfricanManagers.org) in its ongoing effort to partner with entrepreneurs to help them build thriving enterprises that transform lives. Stanford has announced a new scholarship fund for the initiative, which spans the African continent, and will now include francophone Africa. Launched in partnership with Stanford Seed in 2021, AMI’s Aspire Business Growth Programme provides owners of small and medium-sized enterprises (SMEs) and their senior teams with practical learning and training to power growth in their business with 88% of graduates attributing accelerated business growth to the programme.

“Partnering with AMI to offer the Aspire Business Growth Programme has expanded our ability to reach more SMEs across Africa, while also preparing businesses to be positioned to join Stanford Seed’s Transformation Program for established CEOs and founders,” said Darius Teter, Seed Executive Director. “Evidence shows that small and early-stage businesses are in need of more tailored support. Through Aspire we’re able to offer support to entrepreneurs at an earlier stage of their journey through AMI’s practical programme built specifically for African business owners.’’

Designed for business owners with annual revenue of between $20,000 – $400,000 USD, Aspire is delivered virtually over a six-month learning journey, with participating businesses joining pan-African cohorts of 30 businesses. The programme offers access to AMI’s practical business tools and resources through experiential workshops, online platform access, and peer groups, in addition to a live session delivered by Stanford Seed Graduate School of Business Faculty. Access to Stanford Seed mentors is offered to a select number of participants who operate high performing businesses that successfully complete all the programme requirements.

“Aspire draws on AMI’s business growth methodology and practical learning approach that has proven to help African businesses grow and thrive,” said Rebecca Harrison, CEO and Co-founder of AMI. “The Aspire programme is designed for small-to-medium sized businesses (SMEs) who benefit from learnings focused on five key pillars including: Strategy & Planning; Customers & Markets; Finance & Money; People & Talent and Operations Efficiency.”

Evidence shows that small and early-stage businesses are in need of more tailored support

Thousands of well-established SMEs generating revenue between $300,000 – $15M USD have applied to Stanford Seed’s flagship programme, the Seed Transformation Program (STP), but the programme admits only a select few. Originally offered as an alternative option for African businesses that do not meet the minimum requirements, AMI and Seed have opened the application process for the Aspire Business Growth Programme to businesses across the continent after a successful pilot. 130 businesses have enrolled in the programme so far with 88% of participants that complete, attributing their business growth to the programme.

“In 2021 our business was at a stagnant state, we were not growing and we didn’t know what to do next. The Aspire programme gave us a 360 degree look at the business. The tools were a game changer. Before Aspire we kept postponing decisions as we run the day-to-day operations of the business, but now we have a way of making both big and small decisions and more importantly bringing people on board to the decisions. Our revenue has grown, our business continues to grow thanks to Aspire’’ – Raphael Opiyo Obiero, Founder of Nawiri African Sprouts Ltd and Aspire Programme participant

Applications for the March 2023 English cohorts are now open at https://bit.ly/3XcmE97. The deadline to apply is March 13th, 2023.

To learn more and apply for the Aspire Business Growth Programme in French, with cohorts enrolling in May 2023 visit: https://bit.ly/3XjzBxV

Stanford Seed will be offering scholarships of up to 75% to qualified applicants, based on the organisation’s needs.

Distributed by APO Group on behalf of African Management Institute.

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

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The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

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