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Tech Industry Ready to Roll Up its Sleeves to Fight Climate Change at Africa Tech Festival

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Climate Change

The ICT sector has traditionally been a significant contributor to greenhouse gas emissions as data centres, for example, contribute to 2% of global GHG

LONDON, United Kingdom, September 16, 2022/APO Group/ — 

“Africa has sufficient resources to power itself entirely by clean energy. Therefore, the question for most of the continent is not one of transitioning to clean energy or reducing emissions in power generation, but how to effectively finance the development of clean energy in the continent.” Kellie Murungi Chief Investments Officer, East African Power

Each year, Africa Tech Festival (https://bit.ly/3Uj7v5I) addresses some of the most pertinent and pressing issues facing the African continent’s socio-economic future and the role that technology and communications’ play in facilitating this progression. One of the more burning issues that will be addressed is climate change, and with International Day for the Preservation of the Ozone Layer happening on 16 September, there’s no better time than to look beneath the hood and see what is on offer at this year’s event.

There had been rumblings from scientists about the dangers of household products and appliances to the ozone layer for many years. Lined up as potential public enemies were toiletries such as aerosols and shaving foams, as well as pulsing products the likes of fridges and air-conditioners, all of which were believed to be causing damage to the ozone layer. As is the case with most warnings from the scientific community, everyone ignored it until theory became reality in 1985, when a hole was spotted in said ozone layer.

With the planet’s natural sun shield now compromised, the world (notably the corporate world) was forced to re-design aerosols, foaming cans, fridges, and air-cons.

Industry was quick to act, including adapting factories, waste systems and recycling practices, to ensure they were ready for the rafts for regulations that were to follow. Key among these was the Montreal Protocol on Substances that Deplete the Ozone Layer, which came into effect on September 16, 1987. The Montreal Protocol was a significant statement of intent from the world’s leaders and marked an unprecedented turning point in the history of environmental protection and was ratified by every country in the world by 2008.

These changes have also had an impact on helping in the next great challenge faced by our planet – global warming. 

One industry that has expanded massively since the humble days of the “low-tech” 1980s, is the electronics and communications industry. Whereas in the 1980s, perhaps one in every three homes in the industrialised world had a personal computer for example, today that figure has potentially risen to two to three screens per person per household or more. The impact on global warming of all this production of screen-based equipment is potentially enormous, not to mention the energy needed to fuel them.

The ICT sector has traditionally been a significant contributor to greenhouse gas emissions as data centres, for example, contribute to 2% of global GHG. The sector, therefore, also has a real potential to play a part in combating climate change and taking steps to reduce energy consumption and operate more sustainably.  Consequently, Africa Tech Festival will host a Fireside chat: What is the role of Green ICT in combating climate change – on Tuesday 8 November- and one on Green ICT: Building a Continent powered by sustainable energy as a route to affordable and reliable electrification for all.

The fireside chat will ask the core question of how the ICT sector can look to lower its own significant impact on greenhouse gases. The panel will discuss best practice ways to lower carbon emissions as well as the possible impact of smart electricity grids and smart cities on lowering Africa’s carbon emissions.

Regarding Africa’s development of clean energy, Kellie Murungi Chief Investments Officer, East African Power remarks that: “Africa has sufficient resources to power itself entirely by clean energy. Therefore, the question for most of the continent is not one of transitioning to clean energy or reducing emissions in power generation, but how to effectively finance the development of clean energy in the continent.” 

A keynote address at AfricaCom, titled ‘How Carbon reduction can accelerate the creation of a digital economy’, will highlight the big question for the African continent, which is how governments can help to address the climate disaster without affecting the basic needs for its population.

Our hope is that AfricaCom will play a major role in connecting entrepreneurs, big corporate and major public sector players to create homegrown innovations

“Although Africa still may have many challenges in its way, there are also many opportunities for rapid advancement if the right questions are asked, such as how the continent can get ahead of the curve and collaborate across countries to build financially viable power projects, for instance,” says James Williams, Director, Events | Connecting Africa | Informa Tech.

“Africa’s economic future depends on the rapid development of ICT and related infrastructure across the continent, but it’s essential that all future projects and rollouts are in line with global best practice in terms of greenhouse gas emissions,” adds Williams. “Our hope is that AfricaCom will play a major role in connecting entrepreneurs, big corporate and major public sector players to create homegrown innovations that could help to drive these changes.”

Also worth attending:

Tuesday, 8 November 2022, 14:00 – 14:45
Panel: The Future of Africa must be driven by renewable energy
Although Sub-Saharan countries (excluding South Africa) are only responsible for 0.55% of the carbon emissions, 7 of the top 10 most vulnerable countries to climate change are in Africa. This session will explore how the continent can leverage its breadth of resources to become a leader in renewable energy production and reduce its vulnerability to the effects of climate change.

Tuesday, 8 November 2022, 14:45 – 15:30
Fireside Chat: Championing Sustainable Energy as a Route to Affordable and Reliable Electrification for All and As a Central Pillar of Africa’s 4IR

Wednesday, 9 November 2022, 12:50 – 13:15
Fireside Chat: Central Africa’s role in the green energy revolution
Countries across Central Africa have some of the lowest rates of electricity access across the continent with resources in the DRC, for example, covering less than 10% of the population. Given the climate, however, it is an ideal region to implement clean energy solutions to combat climate change and provide the population with a basic need

Wednesday, November 2022, 6pm-8pm

Africa Tech Festival Awards, with the announcement of the winner for the Green ICT Champion of the Year Award, an exclusive recognition of the individual or organisation leading on the development and integration of sustainable energy solutions.

For the full programme to the 2022 AfricaCom schedule, visit https://bit.ly/3xqxmi9

Further information can be found on the Africa Tech Festival website here (https://bit.ly/3QM3JhW)

FREE delegate passes are available here (https://bit.ly/3QKqhj5)

MEDIA – please use this link (https://bit.ly/3xnnhT2) to register for accreditation and advance news on announcements etc

Distributed by APO Group on behalf of Africa Tech Festival.

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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IsDBI

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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