28-storey Burj Zanzibar would be Africa’s first sustainable high-rise
ZANZIBAR, Tanzania, October 4, 2022/APO Group/ —
The Indian Ocean island of Zanzibar is planning the highest green building in the world, a 28-storey apartment tower designed in hybrid timber technology. Named Burj Zanzibar – “burj” meaning tower in Arabic – the spectacular high-rise is designed to reach 96 metres in height. Dubbed “vertical green village”, it would represent an iconic landmark not only for the island but for the whole of Africa and a global environmental milestone, being the first timber structure worldwide of such proportions. The design of the mixed-use apartment and commercial building, in a playful beehive style with breathtaking ocean views, was unveiled to the public in Muscat, Oman on 1 October. Dutch-born architect Leander Moons, responsible for the concept, said: “Burj Zanzibar is not just an outstanding building but a new ecosystem for the future of living”.
The residential tower with 266 residences is to be located in Fumba Town, East Africa’s pioneering eco-town developed by German-led engineering firm CPS. Categorised as a strategic investment and fully supported by the Zanzibar government, the growing city near the capital, where foreigners are allowed to buy, stretches along a 1.5-kilometre seashore on the southwest coast. “Burj Zanzibar will be the highlight and natural continuation of our efforts to provide sustainable housing in Africa, thereby empowering local employment and businesses”, elaborated CPS CEO Sebastian Dietzold in Muscat.
With turquoise seas, white sandy beaches and a UNESCO-protected historic Stone Town, Zanzibar recorded 15% annual growth in tourism in recent years and 6.8% economic growth. Earlier this year, the semi-autonomous archipelago, 35 kilometres off the coast of Tanzania, stretched its wings also into another direction, launching an initiative to attract African tech companies with a total worth of six billion dollars.
Benefits of timber
Timber is the oldest building material in the world. As timber technology, it currently enjoys a renaissance because of its environmental benefits and longevity. New timber products such as cross-laminated timber (CLT) and glulam are considered the building material of the future. One cubic metre of wood binds half a ton of carbon dioxide, whereas conventional concrete construction is responsible for 25% of CO2 emissions.
Burj Zanzibar will be the highlight and natural continuation of our efforts to provide sustainable housing in Africa, thereby empowering local employment and businesses
Once realised, Burj Zanzibar would be the highest timber building in the world and Africa’s first high-rise ever in this innovative technology. A few weeks ago the 86.6-metre Ascent Tower in Milwaukee, US, was certified as the world’s tallest timber hybrid building by the Council on Tall Buildings and Urban Habitat (CTBUH). Africa’s highest conventional skyscraper is a 385-metre office tower named “Iconic Tower” in Egypt, still under construction.
Tanzania’s top skyscraper is the 157-metre Ports Authority building in Dar es Salaam. The world’s tallest conventional building is Burj Khalifa in Dubai with 828 metres.
Consortium of specialists from New York to Switzerland
Burj Zanzibar is planned as a hybrid timber tower. A steel-reinforced concrete core is designed to meet all required fire and life safety standards. The project is to be executed by a consortium of leading specialists from Switzerland, Austria, Germany, South Africa, Tanzania and the US. Green roof gardens and planted balconies further reduce the carbon footprint of the building. “Burj Zanzibar will be a widely visible new landmark for Zanzibar and beyond, not only because of its appearance but because of its construction method”, said architect Leander Moons during the launch event.
Set to promote locally available wood as a building material, Tanzania and its vast land resources for agroforestry would also benefit from the ambitious green mega tower. A large forest development in central Tanzania near Iringa already covers twice the size of New York; “an enlarged forest industry could create hundreds of thousands of jobs in the East African country”, said CPS Director Dietzold.
Playful, elegant style fitting any culture
The playful architectural style – reminiscent of a beehive with honeycombs – combines modern urban trends with local culture. “Panorama windows, closed-in green loggias and a modular layout will enhance the green nature of the tower and allow for flexible apartment floor plans, tailor-made for any cultural preferences”, explained lead architect Moons. Residents can have their outdoor garden even on the top floor.
Representing a young, vibrant and most of all sustainable lifestyle, the building allocates a mix of studio, one- and two-bedroom apartments and deluxe penthouses. The elegant tower stands on a terraced podium with shared and private gardens , shops and a common pool. Sizes of units range from studios starting at $79,900 to a vast penthouse with a private pool on the 26th floor at $950,880. “As a global architectural highlight the Burj Zanzibar will be setting a new benchmark of building in the 21st century”, CPS director Sebastian Dietzold concluded.
Distributed by APO Group on behalf of CPS Zanzibar Limited.
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.
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.
The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility
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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