Connect with us
Anglostratits

Business

Transforming Egypt’s Business Future: Harnessing Technology and Innovation for Unprecedented Growth

Published

on

GITEX AFRICA

Meet the most influential enterprises, start-ups, and voices in tech from Egypt joining the second edition of GITEX AFRICA, from 29-31 May 2024, in Morocco

CAIRO, Egypt, May 22, 2024/APO Group/ — 

GITEX AFRICA 2024 (www.GITEXAFRICA.com), the continent’s largest and most influential tech and start-up event, is returning to Marrakech, Morocco, from 29-31 May 2024. The super-connector event will convene some of the most innovative enterprises and start-ups from 130 countries while gathering the most influential government authorities, founders, tech leaders, and industry experts on a three-day showcase and conference programme not to be missed. This year’s edition will feature significant participation from tech leaders,  pioneers, and experts hailing from Egypt, among other nations.

After its highly successful debut in 2023, the second edition of the blockbuster event is ramping up exponential effort as a digital tour de force, rife with myriad solutions that provide Egyptian businesses and industry sectors with a crucial competitive edge while accelerating the development not just of the Egyptian economy but of the Pan-African tech ecosystem as a whole.

The powerhouse showcase expansion, marked by a record-breaking 70% year-on-year growth, will introduce the inaugural World Future Health Africa by GITEX HealthTech 5.0, the largest digital health tech sourcing and investment event accelerating the region’s digital health revolution. For the first time in the region, the event will unite the brightest minds defining the industry sector to discuss the latest developments and future-focused innovations in patient care, telemedicine, integrated healthcare systems, and more.

GITEX AFRICA 2024 will also take place with the co-located North Star Africa, the largest start-up event in the continent, bringing together 700-plus of the most prominent Pan-African start-ups. Egypt is one of the countries with the largest presence, bringing together dozens of trailblazing businesses from sectors like digital health, digital cities, e-commerce, mobility, digital finance, cybersecurity, IoT, and more. Powerful investors from the nation are also joining the programme, including names such as Flat6Labs, Sunny Side Venture Partners, and Algebra Ventures.

Egypt’s Leading Voices Address Africa’s Tech Future

Thought-provoking discussions around the most pressing issues, challenges, and opportunities in Africa’s key markets, including Egypt, also await the audience of GITEX AFRICA 2024. The three-day conference will convene 450-plus seasoned global speakers and deliver over 280 hours of immersive content across eight stages with an extensive agenda covering topics from AI, health tech, and cybersecurity to digital finance and sustainability.

The programme boasts the participation of some of Egypt’s most influential authorities and public figures in tech, business, investment, and the public sector. Visitors attending the Future Finance Summit on May 29 can look forward to an insightful fireside chat with Mohamed Abdelrahman, Head of Payment Instruments and Electronic Acceptance Channels at the Central Bank of Egypt, addressing the phenomenon of the remittance market, which according to the United Nations doubled in the continent in the last decade, reaching $100 billion in 2022 and surpassing the funds from Official Development Assistance (ODA) and Foreign Direct Investment (FDI).

Mazen Aladdin, General Supervisor of International Development of the Egyptian Healthcare Authority will join the stage on the first day of GITEX AFRICA, during the World Future Health Africa Investment Forum, while World Future Health Congress’ attendees, on May 31, will see an insightful panel discussion on the role of tech defining the future of global emergency response, with the presence of Dr. Youssef Bassim, Chairman of the Digital Transformation and AI division of the Arab Hospitals Federation in Egypt.

Other relevant speakers coming from the nation include Karima El Hakim, Country Director of the global accelerator Plug And Play in Egypt; the astronaut Sara Sabry, Founder and CEO of Deep Space Initiative; Abeer Khedr, Head of Cybersecurity of the National Bank of Egypt; Rami Calache, Cybersecurity Lead for Africa of Microsoft Egypt; Mai Ali, Vice-President of Fintech, Payments, and Smart Transportation, Middle East and Africa at Moharram & Partners; among many others.

GITEX AFRICA 2024 will open on May 29, from 11:30 am to 6:00 pm, and on 30-31 May from 10:00 am to 6:00 pm. Admissions and more information at www.GITEXAFRICA.com.

Distributed by APO Group on behalf of GITEX Africa.

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

Published

on

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.

Continue Reading

Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

Published

on

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.

 

Continue Reading

Business

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

Published

on

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).

Continue Reading

Trending