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Stellantis Middle East & Africa Through its Brand Citroën MEA endorses “La Croisière Verte” Expedition in Fully Electric Citroën AMI

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Stellantis

The journey has officially departed from Ouarzazate, Morocco, country where the Citroën AMI is produced and distributed, underscoring the vehicle’s roots in the region

CASABLANCA, Morocco, October 31, 2024/APO Group/ — 

Stellantis Middle East & Africa (MEA) (www.Stellantis.com) is endorsing “La Croisière Verte”, a remarkable 14,000-kilometer journey across Africa in four fully-electric Citroën AMIs, organized by entrepreneur and former rally driver Éric Vigouroux. This event celebrates 100 years since André Citroën’s legendary “Croisière Noire”, capturing the same adventurous spirit, now routed towards sustainable mobility.

To honor this centenary, Éric Vigouroux has taken up the challenge of retracing this iconic route with electric vehicles powered entirely by renewable energy. Launched with a symbolic send-off at the Mondial de l’Auto in Paris (Paris Motor show) by Mr. Henri-Jacques Citroën, grandson of André Citroën, “La Croisière Verte” serves as a call for environmental awareness and green travel across Africa. Stellantis MEA with its Brand Citroën MEA join this mission as a committed partner through its Citroën Ami brand, highlighting a shared vision for advancing sustainable mobility on African continent.

The journey has officially departed from Ouarzazate, Morocco, country where the Citroën AMI is produced and distributed, underscoring the vehicle’s roots in the region. This challenging route will highlight the AMI’s compact, energy-efficient design, which can successfully traverse diverse terrains. The vehicles, equipped with onboard solar kits by the organizers, are fully self-sufficient in generating their power – an impressive feat that demonstrates the potential of micro-mobility in even the most demanding conditions.

At Stellantis, our goal is to lead the micro-electromobility transformation across Middle east & Africa by leveraging our deep understanding of the market

As part of Stellantis’ Dare Forward 2030 vision, Stellantis MEA is committed to making clean and accessible mobility a reality across the Middle East and Africa—a region with unique market dynamics and increasing demand for affordable transport options. With a population of 2 billion and approximately 4 million new car sales annually, the MEA region represents a vast opportunity for micro-electromobility. Stellantis envisions this segment as a bridge between two-wheelers and traditional pre-owned vehicles, offering a fresh solution for urban and regional mobility.

“At Stellantis, our goal is to lead the micro-electromobility transformation across Middle east & Africa by leveraging our deep understanding of the market, our robust distribution networks, and our advanced industrial ecosystem,” said Samir Cherfan, Chief Operating Officer of Stellantis MEA. “Our Kenitra plant in Morocco plays a central role in this mission, producing a range of electric micro-mobility vehicles exclusively for the region. Beginning with the Citroën AMI, production has since expanded to include the Opel Rocks-e and the Fiat Topolino, models specifically crafted for urban mobility that showcase Stellantis’s commitment to accessible and sustainable transportation. With an annual production capacity of 70,000 units, our Kenitra plant solidifies our competitive edge in regional industrialization, local supplier networks, and engineering expertise.”

The Citroën AMI illustrates this micro-mobility revolution, with over 65,000 units sold since its launch across 17 countries, including Europe, the Middle East, Africa, and South America. Globally recognized, including winning the ‘Grand Prix du Design Automobile 2024’, the Citroen AMI’s success is also evident in Morocco, which boasts the world’s largest Citroën AMI fleet. In collaboration with ‘Poste Maroc’, 225 Citroen AMIs are actively used to support postal services in Casablanca and Rabat, reflecting the vehicle’s durability, low environmental footprint, and operational efficiency. This extensive adoption showcases the Citroën AMI’s adaptability for both urban commutes and more adventurous activities like “La Croisiére Verte.”

Stellantis MEA remains steadfast in advancing the electric vehicle landscape, ensuring that sustainable micromobility becomes a reality across the Middle East and Africa. As “La Croisiére Verte” gets on its historic journey, it signifies the next frontier of mobility, showing how compact, efficient electric vehicles can transform transportation in some of the world’s most dynamic regions. Stellantis MEA is committed to driving this transformation, focused on empowering communities with forward-thinking, innovative mobility solutions for a sustainable future.

Distributed by APO Group on behalf of Stellantis.

Events

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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Business

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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