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United Nations Industrial Development Organization and Orange partner to transform Egypt’s mobile and network/IT equipment markets through circular solutions

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UNIDO

The United Nations Industrial Development Organization (UNIDO) and Orange have joined forces to pioneer an initiative aimed at revolutionizing Egypt’s mobile device and network equipment markets

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PARIS, France, November 27, 2023/APO Group/ — 

The United Nations Industrial Development Organization (UNIDO) and Orange (www.Orange.com) have joined forces to support over the next two years the establishment of a viable business model for high-quality standard secondary market of mobile devices and networks/IT equipment in Egypt. This pilot is part of the global Switch to Circular Economy Value Chains project (SWITCH2CE), co-funded by the European Union and the Government of Finland; The ambition is to foster a just transition of the Egyptian Electronics-ICT value chain to an inclusive, climate neutral and circular economy; Egypt’s e-waste generation represents 20% of the total e-waste in Africa with 585.8 kt and The Egyptian government has set the target of increasing the recycling rate to 25% by 2030 and ensuring the safe disposal of all hazardous waste; The first refurbishment center will be set in 2024 in Egypt and will support capacity building of locally recruited technicians.

An initiative for supporting the adoption of circular economy practices, developing a local infrastructure and creating capacity development opportunities

The United Nations Industrial Development Organization (UNIDO) and Orange have joined forces to pioneer an initiative aimed at revolutionizing Egypt’s mobile device and network equipment markets. An extensive network of local and international partners, including Nokia, Cordon Group which is in the process of establishing in Egypt, Sofrecom Group, eTadweer, and many others, will join this transformation. This pilot is part of the global Switch to Circular Economy Value Chains project (SWITCH2CE), co-funded by the European Union and the Government of Finland.

This pilot project will focus on several key objectives to realize the circular potential of Egypt’s ICT (Information and Communication Technology) and electronics value chain:

  • Supporting the adoption of circular economy practices and policies: The initiative aims to accelerate the development of circular economy practices and policies in Egypt by engaging citizens and advocating for behavioral change towards recycling and circularity. This pilot project is expected to have a positive impact on the environment and reduce carbon footprints by formalizing the recycling of e-waste and extending product lifetimes.
  • Developing a local infrastructure: network equipment and mobile devices refurbishment centers will be established to serve the local market, with ambitions to become an Africa & Middle East hub.
  • Capacity Development: Local technicians will be recruited and trained, vocational certifying training programs will be introduced, and new practices that promote circular transitions in the electronics sector will be implemented, including with the informal sector.

This pilot aims to open new potential for reuse of products, extend their longevity and reduce the generated e-waste. Refurbished and recertified network equipment and devices will re-enter the local market, the residual e-waste will be collected and recycled by pilot’s partners. A vision based on repair, second life, sustainability and refurbishment of devices and equipment is a relevant approach to address the challenge of a more sustainable ICT and electronics sector in Egypt and in the region.

We are pleased to collaborate with the United Nations and our partners, Nokia and Cordon Group, to help implementing circular economy in Egypt and Africa

A need to bring circular economy to Egypt and Africa

Egypt’s telecommunications market is one of the largest in Africa and the Middle East, both in terms of GDP contribution and number of internet and mobile phone users [1] (85.8 million and 105.01 million respectively in 2023). With an average annual growth rate of 16.7% in FY 2021/2022 [2], the ICT sector is the highest-growing state sector over the past five years.

Egypt is also among the highest generators of e-waste in Africa. Yet, recycling companies are struggling to find economically viable methods to collect and convert these materials into secondary resources, resulting in15 to 20% of Egypt’s e-waste being recycled according to the United Nations Environment Program. Egypt has set ambitious targets to improve its waste management systems, including for e-waste, as outlined in Egypt Vision 2030. Plans also include increasing the recycling rate to 25% by 2030 and ensuring 100% safe disposal of hazardous waste.

“We are pleased to collaborate with the United Nations and our partners, Nokia and Cordon Group, to help implementing circular economy in Egypt and Africa. The evolution of uses and the strong expansion of electronic equipment require a responsible reconditioning system that integrates local markets and includes local population. Orange is proud to be able to use its long-standing expertise to develop this virtuous economy and contribute to the social and economic development of the territories in which it operates” explains Jérôme Hénique, Executive Vice President, CEO of Orange Middle East and Africa (OMEA).

“By creating coalitions and synergies with its entire ecosystem, Orange aims to reduce the environmental footprint. Circular economy is a concrete lever for decarbonization, rational management of natural resources and economic development in the regions. These projects are fully in line with our ambition to reduce our CO2 emissions by 45% in 2030 compared with 2020 for all scopes 1, 2 and 3, as set out in our “Lead the future” strategic plan adds Elizabeth Tchoungui, Executive Vice President of Group Corporate Social Responsibility.

“With the support of the European Union and the Government of Finland, UNIDO leads the global Switch to Circular Economy Value Chains (SWITCH2CE) project. In Egypt, we support the circular transition for the ICT and electronics sector, by piloting innovative circular solutions in close cooperation with the private sector. This pilot will address acute challenges on new technology, business models and traceability, and will demonstrate the economic opportunity for circular approaches. The project also collaborates with government partners, academia, and NGOs to create an enabling environment for circularity through policy and tailored capacity building.”  Mark Draeck, SWITCH2CE Chief Technical Advisor, UNIDO.


[1] https://apo-opa.co/3N1hg6v

[2] https://apo-opa.co/3RheWum

Distributed by APO Group on behalf of Orange Middle East and 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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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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Business

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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