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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.

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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