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The Meltwater Entrepreneurial School of Technology (MEST Africa) launches the MEST Africa Challenge 2025 in partnership with Absa

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MEST

Unlocking new growth pathways for Africa’s FinTech founders

ACCRA, Ghana, August 4, 2025/APO Group/ –The  Meltwater Entrepreneurial School of Technology (MEST Africa) (https://Meltwater.org/) today opened applications for the 7th edition of the MEST Africa Challenge (MAC 2025), a pan-African pitch competition that equips high-potential startups with funding and hands-on support.

This year’s edition is dedicated exclusively to FinTech startups, spotlighting founders who are reimagining how money is moved, managed, and insured across the continent. Applications run 30th July – 26th September 2025, after which 20 semi-finalists and 10 grand-finalists will be selected. The overall winner will secure a US $50,000 equity investment and the opportunity to pilot with strategic partners at scale.

“The MEST Africa Challenge is where Africa’s boldest ideas find the opportunity to scale,” said Ashwin Ravichandran, Portfolio Advisor & MAC Lead at MEST Africa. “Our partnership with Absa gives these visionary founders the lift they need—connecting them to the capital, expertise, and networks that turn promising startups into sector-defining businesses and drive inclusive growth across the continent.”

With US $30 million invested in more than 90 startups and 2,000 entrepreneurs to date, MEST is one of Africa’s most active early-stage tech investors. The 2025 edition of MAC deepens that impact through a strategic partnership with Absa that aligns the competition with the bank’s digital-finance priorities.

“Africa’s future will be shaped by bold ideas, local ingenuity, and scalable innovation. At Absa, we recognize the critical role entrepreneurs play in driving inclusive economic growth. This partnership with MEST reflects our commitment to backing those visionaries and shaping the future of financial services. It complements our digital transformation strategy and reflects our purpose of empowering Africa’s tomorrow, together, one story at a time,” said Omar Baig, Managing Executive: ARO Retail and Business Banking.

The MEST Africa Challenge is where Africa’s boldest ideas find the opportunity to scale

The collaboration between Absa and MEST aims to accelerate innovation by connecting FinTech startups with the resources and expertise needed to scale solutions that drive inclusive growth across Africa.

“Our partnership with MEST is a strategic step toward unlocking innovation that truly matters,” says Muhammad Ali Bhikhan, Managing Executive and Chief Information Officer at Absa Regional Operations. “It will allow us to connect with visionary startups, build a strong talent pipeline, and collaborate on solutions that can drive meaningful digital transformation and long-term impact across the continent, he concludes.”

Who should apply to MAC 2025?

MAC 2025 invites early-stage startups in FinTech and other high-value, value-chain solutions that are already active in at least one of Absa’s priority markets — countries including  Botswana, Uganda, Mauritius, Seychelles, Kenya, Mozambique, Zambia and Ghana. To qualify, a company must be three years old or younger, show minimum monthly recurring revenue of US $5,000, and have raised no more than US $1 million to date. Each venture should have at least two co-founders, be able to pitch in English, and—while not mandatory—Delaware registration is considered an advantage.

Founders can submit a short online application, including a three-minute video pitch, on https://apo-opa.co/40P2V41 from 31st July, 2025. Virtual semi-finals will take place in late October, and the top ten teams will present live in Cape Town at the Grand Finale in late November.

Distributed by APO Group on behalf of The Meltwater Entrepreneurial School of Technology (MEST Africa).

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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Energy

Investors Look to Paris to Gauge Africa’s 2026 Energy Pipeline

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Energy Capital

Energy ministers from Senegal, Nigeria, Zambia and Djibouti are confirmed to attend the Invest in African Energy Forum in Paris, giving investors a firsthand view of which African energy markets are ready to turn policy into bankable projects

PARIS, France, February 5, 2026/APO Group/ –As global energy investment becomes more selective, capital is concentrating on African markets that combine near-term project delivery, regulatory momentum and credible financing pathways. The confirmation of energy ministers from Senegal, Nigeria, Zambia and Djibouti at the Invest in African Energy (IAE) 2026 Forum in Paris highlights markets where governments are actively engaging investors to advance priority projects.

 

Senegal: From Exploration to Project Delivery

In Senegal, attention has shifted from exploration success to project delivery and commercial structuring. First oil from the Sangomar field, operated by Woodside, marked the country’s entry into the producer ranks, while the Greater Tortue Ahmeyim LNG project, led by bp and Kosmos Energy, continues to anchor gas export ambitions.

Phase 2 expansion discussions remain a focal point for investors assessing long-term LNG supply potential and capital requirements. Minister of Energy, Petroleum & Mines Birame Soulèye Diop has emphasized streamlining gas sales frameworks and clarifying domestic allocation – critical for investors balancing export revenues with local power and industrial demand.

Nigeria: Scale Meets Infrastructure Momentum

Nigeria’s investment case is defined by scale and long-awaited infrastructure progress. Its vast gas reserves have historically been under-monetized, but pipeline milestones now signal tangible momentum. The 614-km Ajaokuta–Kaduna–Kano gas pipeline, a $2.8 billion project, has completed its main line and is moving toward commissioning in 2026, capable of delivering up to 2 billion cubic feet per day of gas to northern industrial and power markets.

Minister of State for Petroleum Resources (Gas) Dr. Ekperikpe Ekpo has consistently framed gas infrastructure expansion, pricing reform and domestic offtake development as central to Nigeria’s economic strategy, providing investors with clearer signals on where government support and policy continuity are strongest.

Zambia: Diversification for Energy Security

Zambia’s energy landscape is being reshaped by repeated droughts, which have exposed vulnerabilities in its hydro-dominated power system. This has accelerated the push toward diversification, creating opportunities for private investment in thermal generation, gas-fired power, renewables and regional power trade through the Southern African Power Pool.

Minister of Energy Makozo Chikote has highlighted the urgency of attracting private capital into generation and transmission infrastructure, aligning policy priorities with investor demand for bankable projects backed by credible offtake agreements and regional demand growth.

Djibouti: Infrastructure-Led, Regionally Focused

Djibouti offers a more targeted investment case. Positioned at a strategic crossroads in the Horn of Africa, its energy strategy prioritizes enabling regional power flows rather than large-scale domestic consumption. Geothermal developments, such as the Assal field, and cross-border power interconnections with Ethiopia position Djibouti as a regional transit and services hub.

Minister of Energy and Natural Resources Yonis Ali Guedi has highlighted energy security and export-oriented infrastructure as pillars of national development, appealing to investors seeking stable, long-term returns supported by multilateral finance and regional integration.

The IAE Forum returns to Paris on April 22–23, 2026, at a moment when governments and investors are increasingly focused on execution. By connecting energy ministers with banks, DFIs, project developers and institutional investors, the forum offers a practical setting to assess project readiness, financing structures and policy alignment across multiple markets. For investors navigating a more disciplined capital environment, IAE 2026 provides direct access to the decision-makers shaping near-term opportunities – bridging the gap between project ambition and capital deployment ahead of African Energy Week later in the year.

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

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Energy

Upstream Petroleum Unit Joins Namibia International Energy Conference (NIEC) 2026 Amid Namibia’s Drive for First Oil

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Namibia’s Upstream Petroleum Unit will participate in NIEC 2026, engaging investors and stakeholders to advance upstream policy, attract investment and support the country’s first oil ambitions

WINDHOEK, Namibia, February 5, 2026/APO Group/ –Namibia’s newly established Upstream Petroleum Unit (UPU) – operating directly under the Presidency – has confirmed its participation at the 8th Namibia International Energy Conference (NIEC), taking place from April14-16, 2026, in Windhoek. As Namibia edges closer to first oil, the Petroleum Unit’s involvement signals the government’s commitment to shaping upstream policy, fostering investment and promoting partnership between regulators and industry.

 

The UPU, led by Kornelia Shilunga, Special Advisory and Head, and Carlo McLeod, Special Advisor and Deputy Head, is responsible for overseeing the country’s upstream petroleum sector. Established within the Presidency, the Unit develops regulatory frameworks, monitors compliance and ensures Namibia’s oil and gas policies create an enabling, investor-friendly environment. Its presence at NIEC 2026 will allow the Unit to engage directly with international and local stakeholders, highlight Namibia’s regulatory and governance priorities and discuss strategies for sustainable upstream development.

Now in its 8th edition, NIEC has established itself as Namibia’s premier energy platform. The conference convenes policymakers, investors, regulators, service providers, financial institutions, innovators and civil society, providing a forum to discuss developments across oil, gas, renewables, nuclear and power generation. For the UPU, NIEC 2026 offers a unique venue to present the government’s upstream priorities in the context of Namibia’s broader energy transition, including first oil production targeted for 2029.

The active participation of the Upstream Petroleum Unit at NIEC 2026 underscores the country’s commitment to creating a transparent, investment-ready upstream sector

Namibia’s upstream sector is currently experiencing significant momentum. TotalEnergies is preparing a final investment decision for its Venus project in 2026, while new discoveries by Rhino Resources and Galp Energia are attracting investor interest. New players have either entered the market or consolidated their portfolios in recent years. Oregen Energy increased its ownership in WestOil Limited, granting the company a 33.95% indirect interest in Block 2712A; Eco (Atlantic) secured the PEL 97, 98, 99 and 100 licenses; while Stamper Oil & Gas Corp acquired BISP Exploration Inc., gaining access to five oil and gas blocks in the Orange, Walvis and Lüderitz basins.

At the same time, Namibia is investing in renewables, green hydrogen, nuclear and grid expansion, demonstrating a holistic approach to energy security and diversification. The UPU’s participation ensures that upstream petroleum development remains aligned with these wider national objectives.

Over the years, NIEC has evolved from a platform for dialogue into a strategic hub for investment and partnership. With over 2,500 delegates expected from more than 45 countries, 400 speakers and participation from more than 1,500 companies, the conference provides the UPU with a high-profile stage to engage key stakeholders. The conference also emphasizes in-country value creation, local skills development and youth engagement through initiatives such as the Future Energy Leaders Program and internship opportunities.

“Namibia is at a pivotal moment in its energy journey,” says Selma Shimutwikeni, Founder and CEO of RichAfrica Consultancy. “The active participation of the Upstream Petroleum Unit at NIEC 2026 underscores the country’s commitment to creating a transparent, investment-ready upstream sector. This engagement will not only attract global investors but also ensure that Namibia’s first oil ambitions are achieved responsibly, sustainably and with maximum in-country value.”

By participating in NIEC 2026, the UPU reinforces the government’s focus on building a strong, well-regulated upstream sector capable of supporting Namibia’s first oil ambitions while attracting sustainable investment. The Unit’s active engagement at the conference will play a key role in ensuring that Namibia’s upstream petroleum sector grows responsibly, transparently and in alignment with the country’s energy transition goals.

The African Energy Chamber serves as the strategic partner of NIEC 2026, working alongside government and industry to advance investment, local content and responsible energy development in Namibia.

Distributed by APO Group on behalf of African Energy Chamber.

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