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LDV South Africa is proud to announce an exciting new partnership with Willem Strauss – President of the Blue Bulls Rugby Union – and Jaco Dames, General Manager of the Union. As respected leaders in South African rugby, Strauss and Dames have chosen LDV as their trusted brand of vehicle, selecting the robust and stylish …
Future Hospitality Summit (FHS) Africa 2025 comes to Cape Town from 17–19 June 2025, bringing together the most influential voices in hospitality investment, development, and sustainability from across the globe.
This year's speaker lineup features major investors, visionaries, strategists, and dealmakers who are actively reshaping the landscape of hospitality across Africa.
William E. Heinecke, Founder and Chairman of Minor Hotels, will headline the summit. A self-made entrepreneur who launched his first business at 17, Mr Heinecke has built one of the world's most respected hospitality groups. His keynote will explore the lessons behind that legacy and what's next for hotel expansion in Africa.
Guy Hutchinson, President of Hilton MEA, and Haitham Mattar, Managing Director of IHG for MEA & Southwest Asia, will delve into how global hotel groups adapt their strategies for Africa's evolving markets. Meanwhile, Jerome Briet (Chief Development Officer EMEA, Marriott International), Jean-Baptiste Recher (CDO Luxury Brands, Accor), and Esteban Lozada (MD North, West & South Africa, Hilton) will highlight expansion plans and pipeline insights from the region's top brands.
On the investment side, the programme features heavyweights like Folaseto Akin-Olugbade (Principal, Actis), Olivier Granet and David Damiba (Co-CEOs, Kasada Capital Management), Rahul Chaudhary (MD & CEO, CG Corp Global), Magdaline Osei Baffour (Investment Director, Westmont Hospitality Group), Nyawira Kariuki (CEO, Janus Continental Group), and Jameel Verjee (Founder & CEO, CityBlue Hotels). They'll share unfiltered insights on how they evaluate opportunities, manage risk, and unlock long-term value in different African markets.
Graham Wood (CEO, Sun International), Marcel von Aulock (CEO, Southern Sun), and Tony Romer-Lee (Managing Partner AMEA, Valor Hospitality Partners), David Green (CEO, V&A Waterfront) add further firepower to the operator perspective, joining sessions on operating strategies, sustainability, and navigating development constraints.
Conservation and tourism sustainability will also take centre stage with Dr Morne du Plessis (CEO, WWF South Africa) and Mark Read (former WWF SA Chairman) exploring how hospitality can be a vehicle for positive environmental impact. Brooke Friswold of Bring The Elephant Home and Joe Pietersen of Nkombe Rhino will share field perspectives on ecotourism's potential.
Other voices enriching the dialogue include Gillian Saunders, one of Africa's leading tourism consultants, Kevin Teeroovengadum (Proptech Africa), Thami Nkadimeng, Paul Gardiner (CEO, Terra Nova), Bani Haddad (Aleph Hospitality), Tadiwos G. Belete (Kuriftu Resorts), Euan McGlashan (Valor Hospitality), Wayne Godwin (JLL Africa), and many more.
An Investor Powerhouse
FHS Africa 2025 will once again host the region's most active capital partners, including:
Berkeley Properties, Cameroon Hotels Corporation, CityBlue Hotels, Cresta Marakanelo Limited, DEG, FROS Capital, Fundo Soberano de Angola, IFC, Janus Continental Group, Oak & Satin Properties, Proparco, Rockshieldburg-City, The Midwest Company, and UAG Investments.
Together, these investors represent billions in active projects, acquisitions, and greenfield development across the continent. With over $4 billion in hospitality deals signed at FHS Africa since its inception, the event remains a catalyst for serious deal-making and investment.
Matthew Weihs, Commercial Director of the Bench, which organises FHS Africa, said: “We're incredibly proud to bring FHS Africa to Cape Town for the first time. It's a city that represents innovation, diversity, and growth — the perfect backdrop for an event that connects the brightest minds in hospitality and drives real investment across the continent. The 2025 programme is bold, dynamic, and focused on action."
FHS Africa 2025 promises unparalleled opportunities to build meaningful relationships through various formats tailored for real engagement. From high-energy speed networking sessions and curated closed-door investor councils to exclusive offsite visits showcasing Cape Town's latest hospitality developments, every moment is designed to foster strategic connections. The event also features a community-focused charity Run, offering a lighter way to meet other delegates while supporting a worthy cause.
Distributed by APO Group on behalf of The Bench.
Further Information:
For further information and high-resolution images, please contact:
David Tarsh
+44 (0) 20 7602 5262
+44 (0) 7770 816 070
email: David@Tarsh.com
About FHS Africa:
For over a decade, the Future Hospitality Summit Africa (FHS Africa) has been the launchpad for hospitality investment in Africa, driving growth, connecting visionaries, and transforming the continent's tourism and hospitality landscape. As a beacon of opportunity, FHS Africa brings together global investors, developers, operators, and industry leaders committed to turning potential into reality.
Strategic Partners: Accor, BWH Hotels, Hilton, Marriott International, IHG Hotels & Resorts, Radisson Hotel Group
Headline Sponsors: ACT, CHIC, Hansgrohe, TUI Hotels & Resorts
Sponsors: Aleph Hospitality, CityBlue Hotels, EQUATE, Knight Frank, JLL, St Helena Island, STR, TIME Hotels, TV5 Monde, Valor Hospitality Partners
Event Ambassadors: Develop Hotels Inc, Hotel Partners Africa, Voltere by Egis, W Hospitality Group
Official Carriers: Discover Airlines, Kenya Airways
Supported By: South Africa Tourism
About The Bench:
The Bench has a legacy of delivering world-leading investment forums and conferences in Europe, Africa, the Middle East, and Latin America. The key principle behind these events has remained "dealmaking'. Transforming the way businesses connect, Bench has developed a reputation for creating innovative and high-impact meetings for the industry.
For over two decades, government leaders, tourism ministries, global travel & tourism associations, the world's most influential hospitality brands, hotel owners & investors, renowned restaurant groups, airlines & aviation authorities, destination developers, asset managers, financial groups, and consultants have been participating in The Bench's events. These include FHS Africa, FHS World, FHS Saudi Arabia and AviaDev, where industry players showcase their brands, position themselves as thought leaders or innovators, and connect with the right individuals, opportunities and knowledge.
Learn more at TheBench.com
Four of South Africa’s top musical talents, gourmet street food served fresh from some of South Africa’s favourite food trucks, three thousand tickets and one of Gauteng’s premier festival venues. It’s all happening at Casalinga, Johannesburg, on Saturday 24 May. But there’s a catch – this is an invitation only event, exclusively for Jetour customers …
In the evolving and competitive energy landscape of Africa, the Frontier and Africa Energies Summit in London holds a critical position, drawing substantial revenue from the continent's thriving markets. However, there is a glaring issue that the organization cannot afford to ignore: the lack of Black Africans in its workforce. This absence raises serious concerns about the company's commitment to diversity and inclusion, and it's time for Africa Energies Summit to address this inequality. The African Energy Chamber (https://EnergyChamber.org) has issued a direct call for action, urging the summit to rectify this imbalance by hiring Black Africans.
It is deeply disappointing that, despite reaping significant benefits from Africa's economic contributions, Frontier and Africa Energies Summit in London has failed to reflect the continent's rich diversity by hiring Black employees. The company continues to prioritize personal networks in its hiring practices, which perpetuates exclusionary systems. As a result, many highly qualified Black Africans, with the necessary skills and experience, are left outside the company's inner circle.
This issue becomes even more perplexing when we consider that Black Africans are not merely passive participants in the success of the Africa Energies Summit; they are active sponsors and contributors to its events and programs. This contradiction calls into question the sincerity of the company's commitment to inclusivity and raises concerns about the integrity of its diversity policies.
NJ Ayuk, Executive Chairman of the African Energy Chamber, has highlighted the remarkable progress of the Oil and Gas industry in promoting Africans, especially women, into leadership positions. He praises the industry for fostering entrepreneurship and providing opportunities for Africans to rise to the top. This success serves as a stark reminder that Africans, especially African women, are not only capable but essential to the success of organizations operating within the continent.
The African Energy Chamber believes firmly that Black Africans possess the expertise, leadership qualities, and vision required for positions at the highest levels within the Africa Energies Summit. Inclusion is not just a matter of social justice—it is a strategic necessity for a company that depends heavily on Africa's energy market for its revenue. It is time for Frontier and Africa Energies Summit in London to move beyond lip service and show real, meaningful commitment to diversity by empowering Africans within its workforce.
The issue at hand goes beyond tokenism; it speaks to the very principles of fairness and equal opportunity. The idea that Africans can contribute to the financial success of the company through large exhibitions, yet are denied equal representation within the organization, is both unacceptable and unsustainable. The time to act is now, and this imbalance must be addressed without delay.
While it may be uncomfortable to raise these concerns, the African Energy Chamber is committed to shining a light on uncomfortable truths within the industry. The progress made in the Oil and Gas sector—particularly in the hiring, training, and promotion of Africans—demonstrates that genuine diversity efforts lead to entrepreneurial success and organizational growth. The African Energy Chamber urges Africa Energies Summit in London to adopt similar practices and take lessons from the success stories in the Oil and Gas industry.
Countries such as South Africa, Nigeria, Angola, Gambia, Sierra Leone, Kenya, Ghana, Namibia, and Tanzania—along with others that actively support the summit and participate in its events—deserve to see their talent represented at the highest levels of the organization. Africa Energies Summit must step up and ensure that the diversity it benefits from in its African markets is reflected in the diversity of its workforce.
"Frontier makes a huge part of its revenue from Africa, yet no Black people are hired within the company. They hire people they know, trust, and like, but we are not part of that circle. I am deeply disappointed. Black Africans are major participants and sponsors of their programs. I believe we are more than capable of doing the job, but there has been no true commitment to hiring or promoting us. We also need to have a serious conversation about why Africa Energies Summit in London isn't hosted in Africa," said NJ Ayuk, Executive Chairman of the African Energy Chamber.
The African Energy Chamber calls on Africa Energies Summit in London to recognize the urgent need to address the underrepresentation of Black Africans in leadership roles within its organization. This is a critical opportunity for the summit to prove its commitment to true diversity and inclusivity by embracing the talents, skills, and potential of Africa's brightest minds.
Distributed by APO Group on behalf of African Energy Chamber.
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org) has announced the theme for its prestigious annual conference taking place at the Cape Town International Convention Centre (CTICC), Cape Town, South Africa, from 30 to 31 October 2025.
As a leading pan-African organisation driving women's entrepreneurship and innovation, AWIEF continues to provide a powerful platform to promote inclusive economic growth and gender equity across the continent.
AWIEF2025 is the 11th edition of the annual conference, a highly anticipated two-day event, an international platform and gathering of a wide range of stakeholders from the African and global entrepreneurship ecosystem, to engage in impactful dialogue and work together on bold, gender-inclusive and forward-thinking solutions for a thriving business landscape for women in Africa.
The conference theme this year is “Breaking the Barriers: Now More Than Ever”.
Despite notable progress in women's empowerment, today, we are witnessing not just a stagnation but, alarmingly, an active backlash against gender equality and women's rights. This regression threatens to reverse hard-won gains and underscores the need for urgent, collective action.
The theme of AWIEF2025 is both a call to action and a statement of urgency. It reflects the growing recognition that, in a world marked by political instability, economic uncertainty, technological disruption, and persistent inequality, we cannot afford to remain complacent. As UN Secretary-General António Guterres recently emphasized, “We are witnessing an aggressive backlash against gender equality – threatening hard-won progress… We must push back against this pushback.”
In the lead-up to 2030, "Now more than ever," we must renew our commitment to gender equity and ensure that no woman is left behind in Africa's development journey.
Following the resounding success of AWIEF2024, which brought together over 1,000 attendees from over 50 countries, including 42 African nations, the upcoming AWIEF2025 promises even greater impact and engagement.
AWIEF2025 will once again convene a vibrant community of entrepreneurs, corporate executives, investors, policymakers, development institutions, academia, media, and civil society to foster collaboration, drive transformative change, and scale women-led innovation and enterprise.
Delegate registration is now open.
Exhibition stand bookings are also open, offering a prime opportunity for businesses, startups, and organisations to showcase their products, services, solutions, and innovations to a pan-African and global audience.
Join AWIEF in Cape Town and be part of Africa's most empowering platform for advancing women in business and innovation.
Visit www.AWIEForum.org to register and to secure your place. Contact: info@awieforum.org
Distributed by APO Group on behalf of Africa Women Innovation and Entrepreneurship Forum (AWIEF).
The upcoming African Mining Week (AMW) – Africa's premier gathering for mining stakeholders, scheduled for October 1-3, 2025 in Cape Town – will feature a dedicated Technology Forum. The forum will connect African mining projects with global technology providers and investors, showcasing how digital solutions are transforming resource extraction and redefining the mining value chain.
As African countries scale up mineral production to drive GDP growth, developers are increasingly adopting data analytics and digital tools to boost operational efficiency. U.S.-based startup KoBold Metals, which applies artificial intelligence (AI) to mineral exploration, entered the Democratic Republic of Congo (DRC) in April 2025 to tap into the country's estimated $24 trillion in untapped mineral resources. The DRC – already the world's largest cobalt producer and a key copper supplier – could see its global mining profile rise significantly with KoBold's involvement. In Zambia, the company is advancing the $2 billion Mingomba project, one of the world's most promising untapped copper assets.
Similarly, in Zimbabwe, Caledonia Mining is investing $1.1 million in IT infrastructure upgrades at the Blanket Mine as part of its $41.8 million capital budget. The upgrades include new mine planning software and a digital clocking system to improve labor efficiency, with a goal to increase gold output from 76,656 ounces in 2024 to up to 77,500 ounces in 2025.
In Botswana, Botswana Diamonds is employing AI-driven exploration to expand beyond diamond mining, recently identifying new prospects for copper, silver, cobalt, gold, nickel, zinc and platinum group metals. “During the initial analysis of the big database, it became clear that the AI technology could be used to identify other unknown minerals opportunities – and so it turned out,” said John Teeling, Chairman of Botswana Diamonds.
Meanwhile, South African firms such as Kilken Platinum and Rio Tinto are deploying digital tools to unlock greater operational value. A joint report by Accenture and the World Economic Forum projects that digitalization could unlock up to R213 billion in additional value for South Africa's mining sector by 2026. Technologies such as predictive maintenance, autonomous operations and real-time data monitoring are helping firms streamline processes, reduce downtime and improve safety outcomes.
The Technology Forum at AMW 2025 will feature high-level panels examining how digitalization can optimize infrastructure, enhance safety, predict system failures and support sustainable resource management in a data-driven mining environment. The forum will also provide a platform for mining companies to showcase real-world case studies, exchange knowledge with tech innovators, and explore partnerships that drive long-term value creation.
Distributed by APO Group on behalf of Energy Capital & Power.
About African Mining Week:
African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.
Pretoria, South Africa – Monday, 05 May 2025: Defender is proud to announce the three panelists who have been selected to adjudicate entries and choose the finalists from South Africa in the international Defender Awards. The trio of Ross Holgate of the Kingsley Holgate Foundation, Ivy Wairimu from Tusk, and Bryan Habana, Springbok legend and …
Audi South Africa recently celebrated its national dealer network at a distinguished event hosted at The Forum Hyde Park in Johannesburg. The annual Audi Vorsprung Awards is an opportunity to reward progressive performance within the Audi dealer network. Through these Awards, top performers were recognised for their determination to drive excellence and progress against key …
The new vehicle sales market appears to be on an upward trend in 2025 after a challenging period over the past two years, and Ford Motor Company of Southern Africa (Manufacturing) (Pty) Ltd (“Ford South Africa”) is continuing its positive sales momentum with 9.4 percent growth recorded during the first quarter of 2025 compared to …
An ECD centre is a complex small business. Owning one comes with sleepless nights worrying about finances, staff issues, business growth and sustainability. There is the added stress of trying to provide 5-star education to learners despite many challenges like limited space, few resources and untrained teachers. ECD owners are usually women with a love …
As home to 30% of the world's critical minerals – resources essential to Europe's Green Deal and broader energy transition goals – Africa is attracting heightened interest from European investors and institutions.
Taking place from October 1–3, 2025 in Cape Town, African Mining Week – the continent's premier mining event – will host the Europe-Africa Roundtable under the theme, European Partnerships in African Mining: A Mutually Beneficial Future. The roundtable will convene mining stakeholders, policymakers and investors from both continents to explore investment opportunities and foster cross-continental collaboration.
As Africa seeks to mobilize new capital to drive industrial growth through mining, European-based companies are playing a pivotal role. British multinational Anglo American is advancing copper, nickel, coal and diamond projects in South Africa, Botswana, Zambia and Nigeria. Glencore, headquartered in Switzerland, maintains major coal, copper and cobalt operations in South Africa and Botswana, while the UK's Rio Tinto is engaged in a range of mineral ventures across the continent.
Europe's junior and mid-tier mining firms are also gaining ground. Pensana is developing Angola's first rare earths mine at Longonjo, which is expected to meet 5% of global demand for magnet rare earths. Endeavour Mining is leading several gold expansion projects across the continent, including the Lafigué Gold Mine in Ivory Coast, Sabodala-Massawa in Senegal and Kalana in Mali.
Beyond the private sector, the European Commission is also backing strategic infrastructure to unlock mineral corridors. Notably, it is co-financing the Lobito Corridor, which links the DRC, Zambia and Angola to global markets. Through frameworks such as the Global Gateway Africa-Europe Investment Package, the Africa-EU Partnership on Sustainable Raw Materials, and Strategic Partnerships on Critical Raw Materials, Europe is delivering financial backing and technical know-how to Africa's mining sector. These efforts aim to secure reliable, responsible and diversified mineral supply chains while fostering sustainable development and value addition on the African continent.
Within this context, AMW 2025 offers a vital platform to sustain this momentum, deepen cooperation and forge new partnerships that advance mining-led growth. From major investments by European mining giants to infrastructure financing through the Lobito Corridor, Africa is attracting unprecedented levels of capital and collaboration. The Europe-Africa Roundtable will spotlight opportunities across critical minerals, gold, copper and rare earths, while promoting sustainable practices and mutually beneficial engagement.
Distributed by APO Group on behalf of Energy Capital & Power.
About African Mining Week:
African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.
TelCables Nigeria, a subsidiary of Angola Cables (www.AngolaCables.co.ao), is proud to announce that it will be hosting the Connect Xperience event. This initiative will bring companies and strategic partners together to evaluate how local cloud infrastructure and services can assist in accelerating digital transformation and bring far reaching benefits to multiple sectors across the Nigerian economy.
At present, Nigeria's cloud computing market is valued at around $1.03 billion and is expected to grow to $3.28 billion by 2030. With the exponential growth in the digitalization of the financial, technological and commercial sectors, dependence on cloud services is becoming increasingly critical.
The event will highlight the advantages of adopting a local cloud solution, that offers lower latency, greater data sovereignty, enhanced security and improved compliance with local regulations.
The IT sector currently contributes approximately 20% to Nigeria's real GDP, underscoring the pivotal role that the sector plays in the nation's economy.
Fernando Fernandes, CEO of TelCables Nigeria said, “we believe that the future of the cloud in Africa lies in innovative and adaptable solutions that have been developed in Africa, for Africa - and the unique requirements and demands of businesses and users across the continent. With strategic data centers and world-class connectivity, we are ready to support sustainable digital growth in Nigeria.”
During the Connect Xperience, TelCables experts will present cloud models tailored to the needs of Nigeria companies, from startups to large corporations, as well as opportunities for local resellers and integrators looking to expand their services based on a robust, affordable and available infrastructure in Lagos.
“Connect Xperience promises to be a meeting point for IT decision-makers, business leaders and industry professionals interested in exploring reliable, scalable and local cloud solutions that can improve business processes and boost the local Nigerian economy,” concluded Fernandes.
Distributed by APO Group on behalf of Angola Cables.
About Angola Cables:
Angola Cables is an internationally established ICT and digital solutions and network services provider. The company specializes in connectivity solutions for the wholesale market and offers tailored digital services and solutions across multiple industries, including Cloud resources for the corporate enterprise sector.
Known for its innovation, Angola Cables operates a robust global backbone network, providing access to major IXPs, Tier I operators, and global content providers. With more than 30 PoPs and connections to plus 930 interconnected Data Centres and 6000 peering agreements, traffic over its international network is more than 18 500 Tbps.
The company has its own submarine cable network spanning over 33,000 kilometres (WACS, SACS, and MONET) and extends its services to over 50,000 kilometres through partner cables, connecting the Americas, Africa, Europe, and Asia.
Additionally, the company operates two world-class Data Centres, AngoNAP Fortaleza in Brazil and AngoNAP Luanda in Angola. Angola Cables also manages PIX in Brazil and AngonIX in Angola - one of the leading internet traffic exchange points in Africa that directly connects to over 21 IXPs worldwide.
With a significant international presence, Angola Cables is expanding its operations into strategic markets such as Brazil, South Africa, the United States and Nigeria. The company promotes intercontinental interconnection, driving digital and economic development, and ranks among the top 25 internet service providers in the world today.
*The Center for Applied Internet Data Analysis (CAIDA) 2023
For more information, visit the website: www.AngolaCables.co.ao
About TelCables West Africa:
TelCables West Africa is powered by the Angola Cables network, a multinational telecommunications company operating in the wholesale market. The company operates connectivity, IT solutions and services as well as international data circuit capacity and IP Transit via submarine cables.
As the most connected network operator in Africa, we provide secure, low-latency direct routes from West Africa to the USA and South America and from West Africa to London. With our presence across a number of Nigerian IP hubs from Lekki, WACS CLS, Medallion DC, Rack Centre and others, and connections across Africa via the Djoliba network, we can connect your business to the world.
For more information, visit the website: https://TelCables.ng/
The 2025 Easter period showed continued progress in South Africa’s business activity, with total transaction value up by 11% and transaction volumes growing by 10% compared to the same period in 2023. These figures point to sustained momentum in trading activity over the medium-term. Based on aggregated merchant transaction activity from Standard Bank’s merchant acquiring …
The Greater Tygerberg Partnership (GTP) has been named as the official content partner for Bellville in the City of Cape Town’s award-winning Content Partnership Programme for 2025, powered by the Destination Marketing Unit. The official 12-month contract was signed at a ceremony held on Thursday, 10 April 2025, marking a pivotal moment for Bellville’s story …
Just in time for Mother’s Day flagship @home stores across South Africa will launch Toile du Sud, a soulful collaboration between Cape Town-based interior designer Kim Williams and fashion designer Jessica Molebatsi. This home interior collection celebrates local design, cultural storytelling, and feminine grace through thoughtful décor. Following the success of the Noluthando and RAGADI …
The newest chapter in South African design excellence has arrived. Toile du Sud, a collaborative interior home range by Cape Town-based interior designer Kim Williams and fashion designer Jessica Molebatsi, will be available at @home. The range honours South Africa’s rich natural and cultural heritage, merging storytelling with interior design. Following the success of the …
The Financial Sector Conduct Authority (FSCA) warns the public to be cautious when conducting financial services business with a person on WhatsApp purporting to be associated with a financial services provider (FSP), Brenthurst Wealth Management (Pty) Ltd (Brenthurst Wealth) (FSP 7833), and its directors Messrs. Magnus Reinier Heystek (Heystek) and Brian Dean Butchart (Butchart). It …
The Financial Sector Conduct Authority (FSCA) warns the public to be cautious when conducting financial services business with administrators of a Telegram purporting to be associated with Ms. Nicolette Mashile (Ms. Mashile), who is the founder of Financial Fitness Bunnies (Pty) Ltd. The FSCA has become aware of a Telegram group that is purporting to …
The Standard Bank Kasi SME Pitch Challenge is back! This year, for the first time, the competition is going national, giving township entrepreneurs across all nine South African provinces the chance to pitch for a share of R60,000 in provincial prize money. Top township entrepreneurs will advance to the national finals later this year, competing …
South Africa’s digital payments landscape is undergoing a seismic shift, with demand for instant payments rocketing and the mobile banking app displacing older interfaces as the preferred way to pay. Over the past year, Standard Bank SA recorded a 21% growth in digital payments initiated by its personal and private banking customers in South Africa. …
As Dekra celebrates its 100th anniversary globally, locally Dekra Industrial and its adult-based education and occupational skills training division, the DEKRA Institute of Learning (IOL) remain steadfast in their mission: to support safer workplaces across Africa through intelligent, industry-specific training and safety assessments. Process Safety Management (PSM) is one of the most critical components of …
Yes, it is true that Elon Musk at one time was a major shareholder in Paypal which has now, according to McAfee Labs, experienced a 600% increase in cyber attacks since the beginning of 2025. The popular payment system appears to be back in the spotlight, with cyber crooks trying to use the platform to …
Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent's leading instrumental infrastructure solutions provider, today announced the appointment of Mrs Ireti Samuel-Ogbu as Chair of its Board of Directors. She succeeds Mr. Emeka Emuwa who has completed 12 years of meritorious service to the Corporation.
Mrs. Samuel-Ogbu brings a wealth of experience spread over three decades leading and transforming the banking sector in Europe, Middle East, and Africa. Until recently, she led Citi's institutional businesses in Nigeria and Ghana, with oversight across Banking, Markets and Services. During this period, she steered the franchise through significant macroeconomic and regulatory headwinds, strengthening its strategic momentum and resilience.
Her international career within Citibank included senior leadership roles across over 50 countries in the Europe, Middle East, and Africa region, during which time she worked in the United Kingdom, Nigeria, and South Africa.
Mrs. Samuel-Ogbu has extensive boardroom experience including Citibank Nigeria where she was a Non-Executive Director for 6 years and Chair of the Risk Committee prior to becoming the Managing Director. She also served on the board of CHAPS Clearing UK, the high value payment system now operated by the Bank of England and a UK-based charity, Opportunity International. Her extensive experience and unwavering dedication to the advancement of Africa make her a valuable asset to AFC at a time when the Corporation is more committed than ever to accelerating Africa's transformation through bold investments, innovative financing models and catalytic partnerships.
AFC recently delivered a record-breaking FY2024 financial performance, with total revenue increasing by 22.8% to US$1.1 billion, surpassing the US$1 billion milestone for the first time. This strong performance was driven by several transformational projects including acting as the Lead Project Developer for the Lobito Corridor, a transformative multi-country transport network connecting Angola, Zambia and the Democratic Republic of Congo (DRC), financing of the expansion of the Kamoa-Kakula Copper Complex in the DRC — one of the world's highest-grade, low-carbon underground copper mines and financing support for the commissioning of the Dangote Refinery, the largest in Africa.
Speaking on the appointment, Samaila Zubairu, President & CEO of AFC, said: " We are delighted to welcome Mrs Ireti Samuel-Ogbu as Chair of the Board. Her wealth of experience, visionary leadership and deep understanding of Africa's financial landscape will be invaluable as we navigate our next phase of growth- expanding our impact, mobilising urgently needed capital and delivering transformative projects that enable inclusive and sustainable prosperity across the continent.”
Mrs Ireti Samuel-Ogbu commented: “I am honoured to take on the role of Chair at AFC, an institution that serves as a trusted bridge between international capital and Africa's dynamic growth opportunities. I look forward to working closely with the board, management, and all stakeholders to advance the Corporation's mission and strengthen its role as the leading provider of strategic, investment-driven solutions that unlock Africa's full economic potential.”
Distributed by APO Group on behalf of Africa Finance Corporation (AFC).
Media Enquiries:
Yewande Thorpe
Communications
Africa Finance Corporation
Mobile +234 1 279 9654
Email: yewande.thorpe@africafc.org
About AFC:
AFC was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC's approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa's infrastructure development needs and drive sustainable economic growth.
Seventeen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 45 member countries and has invested over US$15 billion in 36 African countries since its inception.
In a significant policy reversal, the proposed VAT increase from 15% to 15.5% – which was scheduled to come into effect on 1 May 2025 – has officially been cancelled. Following extensive parliamentary discussions and consultations, the Minister of Finance confirmed that the rate will remain at 15%, offering a reprieve to South Africans already …
