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Welding is integral to the automotive manufacturing process. Malben Engineering, an award-winning supplier of high-level welded assemblies to both Original Equipment Manufacturers (OEMs) and tier 1 automotive sector suppliers, has invested in a massive technical step-change over the past three years. Operational Director Luca Smargiasso says the introduction of a new vehicle model by a …
In September last year, Futuregrowth’s Community Property Fund implemented a hybrid energy system at Heidelberg Mall that is expected to generate substantial cost savings. According to portfolio manager Smital Rambhai, the system represents a strong investment opportunity and could become a vital element in the future of retail property management in South Africa. Please find …
The design world continues to celebrate the extraordinary synergy between two visionary South African women — Cape Town-based interior designer Kim Williams and fashion icon Jessica Molebatsi — whose creative partnership has captivated audiences with its authenticity, elegance, and heartfelt storytelling. It all began in 2022, when Kim and Jessica joined forces to bring the …
Leading solar solutions provider Alumo Energy has pointed to glaring issues and holes in Eskom’s recent announcement offering zero registration fees for Small-Scale Embedded Generation (SSEG) systems, which include photovoltaic (PV) installation or solar systems. This follows Eskom’s confirmation this week that it will continue waiving registration fees and other associated costs for households installing …
As a strategic partner of the Namibia International Energy Conference (NIEC), the African Energy Chamber (AEC) (www.EnergyChamber.org) is calling for a deliberate and accelerated approach to moving Namibia's recent oil and gas discoveries into production – emphasizing the importance of speed, investor confidence and strategic collaboration.
Speaking during a high-level panel at NIEC 2025, AEC Executive Chairman NJ Ayuk urged Namibia to seize the momentum of its frontier discoveries, while avoiding the pitfalls that have stalled progress in other hydrocarbon-rich African nations. He emphasized that Namibia's path to becoming a regional energy hub hinges on its ability to learn from international case studies and execute deals that ensure long-term national benefit.
“Namibia needs to move fast, produce quickly and negotiate the best deals with its partners to ensure the rapid development of its oil discoveries,” Ayuk stated. He pointed to Guyana as a prime example, noting how the South American country developed a robust strategy focused on national benefit and successfully attracted billions in investments to fast-track its energy projects.
In contrast, Ayuk cautioned against the delays experienced by countries like Mozambique, Tanzania, Uganda and South Africa, where production was significantly postponed, leading to rising project costs and lost opportunities. “There is a growing movement trying to discourage Africa – and Namibia – from producing its oil and gas. We must resist that,” he added.
Reinforcing the need for investor-friendly terms, Justin Cochrane, Africa Upstream Regional Research Director at S&P Global Commodity Insights, highlighted the necessity of contract stability, transparent data-sharing and a balanced approach to fiscal negotiations. “It's natural that Namibia wants to maximize its benefits, but pushing too hard on IOCs can result in getting 100% of nothing… The first milestone must be achieving first oil,” said Cochrane.
Representing Namibia's national oil company, Victoria Sibeya, Interim Managing Director of NAMCOR, stressed that the company is actively engaged in every phase of the industry, from data acquisition and exploration to shaping the downstream and midstream vision. “We are not just bystanders,” said Sibeya. “NAMCOR is deeply involved in data acquisition, exploration and the exchange of knowledge and technology with our partners. We are also preparing to invest in downstream and midstream sectors to ensure that we can add value once production begins.”
Echoing the call for local development, Adriano Bastos, Head of Upstream at Galp, underscored the need for early and continuous skills development – proposing that Namibians be trained abroad in specialized areas like FPSO operations to ensure they are prepared to lead once production begins at home. “Namibia has capabilities that are rare in the region, but more collaboration with international partners is essential to build the local skills base,” he said.
Bastos noted that Namibians make up 25% of Galp's workforce in the country, including its first female offshore base manager. “We are proud of the strides we have made. Our nationalization plans are aggressive, and we work closely with [the Namibian Ports Authority] and other local entities to implement meaningful capacity-building projects.”
As Namibia stands on the cusp of transforming exploration success into production, the message from industry leaders is clear: time, trust and talent will determine the country's trajectory. Through cross-border collaboration, pragmatic deal-making and a strong national vision, Namibia can emerge not just as an oil producer – but as a continental model for inclusive, forward-thinking energy development.
Distributed by APO Group on behalf of African Energy Chamber.
Cross Switch (www.Cross-Switch.com), a leading provider of innovative payment solutions, has reached a significant milestone by securing its own Third-Party Payment Processor (TPPP) licence.
The TPPP, issued by the Payments Association of South Africa (PASA) and sponsored by Absa, is a regulatory status that strengthens Cross Switch's position in the payments ecosystem. This achievement complements Cross Switch's recent certification as a Visa Payment Facilitator (PayFac).
Cross Switch brings a highly flexible payment platform (https://apo-opa.co/3GA0r1Q) to South Africa, enabling business scalability and growth. The company can now independently onboard merchants, fintechs and charities, substantially enhancing its service offering and announcing itself as an essential player in the South African payments landscape.
By obtaining an all-important TPPP licence, Cross Switch has reinforced its commitment to delivering quality, compliant and flexible payment solutions tailored specifically for South Africa's private and charitable sectors.
Cross Switch's entry as a licensed provider brings an adaptable API that allows South African merchants to transact seamlessly on the African continent, including in key markets such as South Africa, Kenya, Morocco and Ivory Coast. For merchants looking to expand into Latin America, Cross Switch also offers Argentina, Brazil, Mexico and Chile — with new countries, both in Africa and in other emerging markets, to be announced very soon!
“This is a vital step in expanding our network and strengthening our presence across the continent,” said Mark Chirnside, CEO of Africa, Cross Switch. “By enabling local merchants with multiple payment options, we're empowering African businesses with the tools to reach broader markets and unlock growth opportunities.”
Cross Switch now enables South African businesses to confidently target rapid expansion and deeper market penetration through frictionless access to local and international payment methods via its flexible API (CS+). The single API empowers merchants to accept payments across Africa and LATAM, and accept the local payment methods.
Cross Switch's immediate future in South Africa involves accelerating merchant onboarding. Contracts already signed represent a client base exceeding 1,000 merchants in South Africa. To complement over 1,000 merchants already using CS+ on the Continent.
Securing this licensing is a significant step forward in the Cross Switch journey. The company strives to realise its vision of delivering modern payment solutions that meet the varied needs of merchants and non-profits. The company's highly flexible payment platform drives financial inclusion and business scalability.
The company is also committed to expanding rapidly, enhancing its payment methods, and integrating advanced reconciliation engines — all underpinned by rigorous fraud prevention and risk management systems.
“Investing in South Africa is a strategic priority for Cross Switch,” said Tim Davis, Group CEO of Cross Switch. “We're resourcing up locally to ensure we're ready to meet growing demand, and this licence and certification enable us to deliver world-class payment services that are both agile and scalable.”
Cross Switch invites businesses interested in exploring robust and flexible payment solutions to connect directly at https://apo-opa.co/4jrGOrw to learn how its tailored offerings can support and amplify their operational ambitions.
Distributed by APO Group on behalf of Cross Switch.
Contact
South Africa: (+27) 21 205 5818
Luxembourg: (+352) 2088 1454
https://apo-opa.co/4jrGOrw
About Cross Switch:
Cross Switch is a payments technology company founded in 2022, operating across emerging markets, with active operations in South Africa, Kenya, Morocco, Ivory Coast and across Latin America. It provides flexible, secure and scalable solutions that support both local and cross-border transactions, helping merchants, fintechs and non-profits expand their reach and streamline their operations. Cross Switch is committed to driving financial inclusion and growth through collaboration, robust infrastructure, high service levels and a strong focus on emerging market needs.
African Mining Week (AMW) – taking place from October 1–3, 2025, in Cape Town – will connect global investors with high-impact opportunities across Africa's mining sector, spotlighting the strategies fueling the continent's mineral industrialization.
A key highlight of the event will be a high-level panel, The Investor Perspective: Financing Africa's Mineral Industrialization. The session will explore the evolving investment landscape and examine diverse financing mechanisms – including bank loans, private equity, venture capital and impact investing – that are mobilizing capital into African mining.
DFIs Drive Infrastructure Investments
Attracted by strong returns and Africa's long-term growth potential, development finance institutions (DFIs) are ramping up investments into the continent's mining infrastructure. In March 2025, the African Development Bank approved a $150 million loan to Mauritania's state-owned mining company SNIM and committed $500 million to the Lobito Corridor – a strategic railway project linking Angola, the DRC and Zambia to international markets. Meanwhile, the Africa Finance Corporation (AFC) is backing several critical mineral projects, including Nyanza Light Metals' $780 million PGMs facility in South Africa, Gecamines' expansion in the DRC, Giyani Metals' manganese development in Botswana and FG Gold's project in Sierra Leone. Between 2014 and 2024, AFC invested over $1 billion into Africa's mining sector. The U.S. International Development Finance Corporation (DFC) is also deepening its commitment, providing more than $750 million toward the Lobito Corridor, $34 million for Pensana's Longonjo rare earths project in Angola and $3.2 million to Chillerton's green copper development in Zambia.
Geopolitics and African Prospects
Geopolitical shifts are intensifying the global race for Africa's critical minerals, vital for the energy transition and digital economy. From 2019 to 2023, companies from the United Arab Emirates committed over $110 billion to African projects. In early 2025, UAE-based Ambrosia Investment Holding acquired a 50% stake in Allied Gold's projects in Ethiopia and Mali, investing $375 million to scale up gold production. Canadian mining investment on the continent has now surpassed $37 billion, with companies like Ivanhoe Mines, Fortuna Silver, Pioneer Lithium and Trigon Metals leading expansion efforts. Similarly, Australia's mining footprint in Africa reached $60 billion in asset value in 2024, supported by firms such as Sovereign Metals, Cazaly Resources and Atlantic Lithium.
Private Placements
Private placements are emerging as a preferred capital-raising vehicle for mining ventures across Africa. Companies including Zanaga Iron Ore, Moab Minerals, Global Atomic Corporation, Premier African Minerals and Trigon Metals are leveraging this mechanism to fast-track project development and attract investor interest. As ESG criteria take center stage in investment decision-making, AMW will serve as a platform for financiers and project developers to engage on sustainability metrics, transparency and responsible investing.
Distributed by APO Group on behalf of Energy Capital & Power.
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. To download the working program, please visit www.African-MiningWeek.com
Messe Frankfurt South Africa has announced the launch of its 2025 Automechanika Buyers and Visitors Sub-Saharan Africa (SSA) Roadshow, a strategic initiative designed to connect automotive aftermarket businesses in SSA and encourage visitors from the region to attend Automechanika Johannesburg 2025. The roadshow will commence in Gaborone, Botswana, on 6 May 2025, before moving on …
Expert steam and boiler operations and maintenance service provider AES is very focused on safety, quality, technology advancement and the development of human capital. As such, the company invests heavily in training and the promotion of talented people on an equal opportunity basis into the industrial operations environment. “Essentially, retaining skilled people is the main …
As South Africans gear up to celebrate Freedom Day, the focus typically falls on our hard-won political rights. But with record levels of youth debt and unemployment, Director and Head of Legal at Milaw Legal Rynhardt de Lange is urging consumers to reflect on a more personal form of liberation — financial freedom. “We need …
Johannesburg, South Africa – 22 April 2025. For over 30 years, McDonald’s South Africa has been more than just a restaurant business it has been a consistent force for good, creating thousands of employment opportunities and investing in the growth of its people. The brand’s long-standing legacy is anchored in job creation, empowerment, and developing …
MEST Africa (www.Meltwater.org), in partnership with the Mastercard Foundation, has announced its second cohort of 12 innovative companies for the Mastercard Foundation EdTech Fellowship in Ghana. This six-month entrepreneurship acceleration program is dedicated to supporting Africa's most promising EdTech ventures by equipping them with mentorship, funding, and expertise in the science of learning. These newly selected companies are set to scale their groundbreaking solutions and address pressing educational challenges across Ghana.
The Second cohort builds on the success of the first cohort of 12 EdTech Companies, whose solutions impacted over 136,798 learners during the period of acceleration, underscoring the Fellowship's ability to drive transformative change.
“We are thrilled to welcome the second cohort of the Mastercard Foundation EdTech Fellowship,” said Angela Duho, Program Manager at MEST Africa. “In Ghana, EdTech is not just about innovation—it's about creating equal opportunities for every student, no matter where they live. It empowers teachers with the tools they need to inspire, and it prepares our youth for a future where digital skills are essential. The first cohort has already shown us what's possible, and we're confident that these new Fellows will continue to transform education and unlock potential across the country.”
The 12 EdTech companies selected for the 2025 cohort demonstrated strengths in [please add here] that point to Ghana's educational needs. Over the next six months, they will benefit from comprehensive support, including expert mentorship, access to funding, and specialized training, enabling them to scale their solutions effectively and sustainably.
The EdTech companies selected by MEST Africa for the 2025 Mastercard Foundation EdTech Fellowship are:
“The Mastercard Foundation looks to support the acceleration of EdTech solutions that reach all, including those out-of-school young people who are constantly left out of the education ecosystem. For it is when we design with the end user in mind that the business case for the solutions is more scalable, sustainable and impactful. Our collaboration with MEST Africa is to transform education in Ghana through technology-enabled learning”, added Rodwell Mangisi, the Acting Director of the Mastercard Foundation Centre for Innovative Teaching and Learning.
Through the Mastercard Foundation EdTech Fellowship, this cohort will embark on a transformative journey, gaining mentorship from experts in education innovation, sustainability, and scale, access to courses on the science of learning, and equity-free grants. This robust support aims to scale their solutions and elevate educational outcomes for millions across Ghana and Africa.
For more information about the Mastercard Foundation EdTech Fellowship and MEST Africa initiatives, visit www.Meltwater.org.
Distributed by APO Group on behalf of The Meltwater Entrepreneurial School of Technology (MEST Africa).
For media inquiries, contact:
Francis Akondor
Marketing and Recruitment Manager, MEST Africa
francis@meltwater.org
About MEST Africa:
Established in 2008, the Meltwater Foundation is the non-profit arm of the global media intelligence company, Meltwater. Its mission is to create job opportunities and drive economic growth in Africa through software entrepreneurship, primarily via the Meltwater Entrepreneurial School of Technology (MEST Africa). Based in Accra, Ghana, MEST offers a one-year, specialised tech entrepreneurial training program for top talent from over 22 countries, including Nigeria, Kenya, South Africa, and Senegal. Additionally, MEST invests in early to growth-stage startups.
In 2020, MEST Programs was launched to forge partnerships with other foundations and organisations that share our goal of creating wealth and jobs in Africa through digital skills training and startup acceleration. MEST Africa has trained over 2,000 entrepreneurs and invested in more than 90 startups across various industries throughout Africa.
Visit www.Meltwater.org to learn more.
About the Mastercard Foundation:
The Mastercard Foundation is a registered Canadian charity and one of the largest foundations in the world. It works with visionary organisations to advance education and financial inclusion to enable young people in Africa and Indigenous youth in Canada to access dignified and fulfilling work. Established in 2006 through the generosity of Mastercard when it became a public company, the Foundation is an independent organisation separate from the company, with offices in Toronto, Kigali, Accra, Nairobi, Kampala, Lagos, Dakar, and Addis Ababa. Its policies, operations, and program decisions are determined by the Foundation's Board of Directors and leadership.
For more information on the Foundation, please visit www.MastercardFDN.org
About the Mastercard Foundation EdTech Fellowship:
The Mastercard Foundation EdTech Fellowship is an entrepreneurship acceleration program designed to support promising, African EdTech ventures. Implemented in partnership with innovation hubs and EdTech accelerators across Africa, the Fellowship provides select EdTech companies with critical business and financial support, as well as insight into the science of learning, preparing them for scale, sustainability, and impact. The Mastercard Foundation EdTech Fellowship was launched in 2019 by the Mastercard Foundation through its Centre for Innovative Teaching and Learning with the goal to partner with 12 Tech Hubs to support over 250 EdTech companies and reach at least 1.8 million young people by 2025.
For more information about the Centre for Innovative Teaching and Learning, visit: https://apo-opa.co/42DjLmm or contact: edtechfellowship@mastercardfdn.org
Praveen Baijnath, CEO of Rand Refinery, has been confirmed as a speaker at the Mining in Motion 2025 Summit, scheduled for June 2–4 in Accra. Baijnath will contribute to the panel discussion, Medium to Long-Term Funding Models for Artisanal and Small-Scale Mining, which will explore innovative financing mechanisms aimed at improving financial accessibility for small-scale miners.
As the head of the world's largest integrated single-site precious metals refining and smelting complex, Baijnath brings a critical perspective on the downstream sector's role in strengthening artisanal mining, supporting sector-wide growth and delivering value-added products tailored to African markets. Ghana's small-scale gold mining activities generated $5 billion in export revenue in 2024, while South Africa accounted for 60.5% of Ghana's gold exports to other African nations – highlighting the deep interconnection between the two countries' gold sectors.
Rand Refinery's major shareholders are also key players in Ghana's upstream gold industry. AngloGold Ashanti, which owns 42.5% of Rand Refinery, operates major Ghanaian mines including Iduapriem and Obuasi. Gold Fields, holding a 33.15% stake, manages the Tarkwa and Damang mines. Baijnath's participation is expected to foster stronger collaboration between South Africa and Ghana, promoting sustainable and inclusive development within the gold mining sector.
Organized by the Ashanti Green Initiative in partnership with the World Bank, World Gold Council and other international stakeholders, Mining in Motion 2025 will be held under the theme Sustainable Mining & Local Growth – Leveraging Resources for Global Impact. The event will welcome top-level decision-makers, including H.E. John Dramani Mahama, President of Ghana, along with representatives from the African Union, ECOWAS, the United Nations and the private sector.
Distributed by APO Group on behalf of Energy Capital & Power.
Stay informed about the latest advancements, network with industry leaders, and engage in critical discussions on key issues impacting small-scale miners and medium to large scale mining in Ghana. Secure your spot at the Mining in Motion 2025 Summit by visiting www.MiningInMotionSummit.com. For sponsorship opportunities or delegate participation, contact sales@ashantigreeninitiative.org.
Over the past few years, semigration – the trend of South Africans relocating from one province to another for lifestyle, work, or financial reasons – has reshaped the country’s property market. When remote work became the norm during and after COVID-19, many professionals and families left inland cities for coastal destinations like the Western Cape, …
Coca-Cola Beverages Africa Proprietary Limited (CCBA) (www.CCBAGroup.com), through its subsidiary Coca-Cola Beverages Malawi Limited (CCBM), has invested USD14.9 million in a new state-of-the art production line in Lilongwe.
This investment marks a significant advancement in CCBM's production capacity, allowing it to produce bottled water and beverages bearing Coca-Cola's trademarks as well as the iconic local brand Sobo, all on the same line.
The line is capable of producing 19,200 bottles per hour in pack sizes ranging from 300ml to 2 litres. This increase in production will facilitate the export of beverages to Zambia.
The new production line uses artificial intelligence (AI) to proactively identify and resolve issues before they cause stoppages, thereby minimising downtime and reducing costs.
The introduction of new technology has also created the opportunity for employees to be trained in new skills, contributing to the development of a future-ready workforce for both the business and the country.
Sunil Gupta, Chief Executive Officer of CCBA said: “This investment in Malawi reaffirms the Coca-Cola system's local approach - we produce locally, distribute locally and, where possible, source locally. Our value chain includes a significant number of businesses, many of them small and medium enterprises (SMEs).”
“This investment goes beyond numbers, it's about creating shared opportunities across the value chain,” said Neil French, General Manager of CCBM.
Gupta echoed the sentiment, adding: “This investment is a clear demonstration of our continued belief in the future of Malawi.”
Gupta also highlighted CCBA's broader efforts: “As a customer centric, digitally-enabled, growth-driven business, we are committed to excellence across our value chain. Efficient operations allow us to offer faster delivery and improved service. This new production line is another step in our journey to achieve execution excellence.”
Distributed by APO Group on behalf of Coca Cola Beverages Africa.
ISSUED BY:
Godwin Ngoma
Public Affairs, Communication and Sustainability Director
CCBA in Malawi
Tel: +265 995 36 15 55
Email: gngoma@ccbagroup.com
Keli Fernie
Head: Reputation and Communication
Coca-Cola Beverages Africa
Tel: +27 82 419 8766
Email: KFernie@ccbagroup.com
Follow us on:
LinkedIn: https://apo-opa.co/4cFhA6r
ABOUT CCBA:
CCBA is the 8th largest Coca-Cola authorised bottler in the world by revenue, and the largest on the African continent. It accounts for over 40% of all Coca-Cola products sold in Africa by volume. With over 18,000 employees in Africa, CCBA services more than 735,000 customers with a host of international and local brands. CCBA operates in 15 countries, including its six key markets of South Africa, Kenya, Ethiopia, Uganda, Mozambique and Namibia, as well as Tanzania, Botswana, Ghana, Zambia, the islands of Comoros and Mayotte, Eswatini, Lesotho, and Malawi.
Learn more at www.CCBAGroup.com
Hyundai Automotive South Africa’s sponsorship philosophy entails identifying and supporting sporting activities that enable the company to connect with high-performing athletes and fans – through the Hyundai brand experience. Stanley Anderson, Sales and Operations Director at Hyundai Automotive South Africa echoed these remarks during a handover event of a brand new Hyundai TUCSON N Line …
Johannesburg, South Africa – The 8th edition of the Festival of Motoring powered by WesBank will take place at the iconic Kyalami Grand Prix Circuit from 29-31 August 2025, uniting Africa’s motoring community in the spirit of Ubuntu—”I am because we are.” This year’s event continues its legacy of bringing together automotive brands, enthusiasts, and …
The day has finally arrived for Standard Bank clients to start reaping the benefits of the much-anticipated retail partnership with the Shoprite Group. From 16 April, UCount Rewards members will be able to earn and redeem their Rewards Points across multiple Shoprite brands – including the rapidly growing on-demand shopping platform, Sixty60. Customers can now …
Lazola Qungwana is Head of Sales Operations at Jetour, the new SUV brand launched locally in September last year that has made waves in the South African automotive sector. With stronger-than-expected initial sales post launch, we asked Lazola what his experience has been like leading the sales team at this new automotive brand. Heading up …
The African Farmout Forum will return to African Energy Week (AEW): Invest in African Energies in 2025, offering a collaborative platform for international oil companies, national oil companies and upstream regulators to present their projects and block opportunities to a global audience. Led by global energy advisor Moyes & Co; independent A&D advisor Envoi Limited; and oil and gas asset platform FarmoutAngel, the forum serves as the premier platform to secure partnerships and deals across Africa's upstream sector.
Over the years, the African Farmout Forum has played a vital role in facilitating farm-in agreements in both emerging and mature hydrocarbon markets. During the 2024 edition, promoted blocks spanned across Somalia, Morocco, Ghana, Nigeria, Sierra Leone, Equatorial Guinea, Namibia, Cameroon, São Tomé and Príncipe, Angola, the Democratic Republic of the Congo and Senegal, with two additional onshore blocks presented in Timor-Leste. An even wider range of opportunities is anticipated in 2025 as operators seek capital and technical expertise to advance new projects.
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event.
Africa's upstream oil and gas sector is entering a new growth phase. According to the African Energy Chamber's (AEC) State of African Energy 2025 Outlook, upstream capital expenditure is projected to reach $43 billion in 2025, climbing to $54 billion by 2030. West and North Africa are set to lead this surge, accounting for half of the total spend.
While offshore developments have led investment since 2023, the outlook suggests a balancing trend, with onshore and offshore spending expected to converge as interest grows in underexplored onshore acreage. Notable hotspots include North Africa, where Egypt and Algeria are witnessing heavy-capital flows; West Africa, with a surge in spending in Ivory Coast; and Southern Africa, led by markets such as Namibia – targeting first oil by 2029 – and Angola. An uptick in spending has also been registered in Zimbabwe (onshore) and South Africa (offshore).
Amid this growth, Africa's M&A activity is gaining momentum. The first half of 2024 saw M&A deals surpass 2023 totals, with $12.7 billion in deals by July. With approximately $16 billion worth of assets holding over three billion barrels of oil equivalent resources currently on the market, African upstream M&A activity is expected to remain robust through 2025.
The 2024/2025 period will also see more than 11 licensing rounds launched across the continent as governments aim to sustain or expand production. In North Africa, Libya launched a 22-block bid round in April 2025 as part of a strategy to boost oil output to two million barrels per day. Egypt recently closed submissions for its 12-block licensing round covering the Mediterranean and Nile Delta regions, while Algeria has extended the deadline for its latest round – offering six onshore blocks – to June 2025.
In West Africa, Mauritania is expected to auction 15 offshore blocks in 2025 while Liberia has 29 offshore blocks on offer as part of a direct negotiation round. In southern Africa, Angola is preparing to launch its 2025 licensing round, while Namibia has introduced a new open-door licensing system to encourage exploration. Tanzania is promoting 24 oil and gas blocks, while South Africa is on track to open new offshore and onshore acreage in 2025.
These rounds signal a wealth of new farm-in and partnership prospects, with the African Farmout Forum positioned to highlight the continent's most promising hydrocarbon basins. Featuring 7-minute deal pitches, a wall of farmouts and curated networking opportunities, the forum will catalyze upstream investment and deal-making in Africa.
“The African Farmout Forum has become a strategic platform for companies to engage, foster partnerships and sign deals. By offering insight into strategic blocks, emerging basins and upcoming farm-in opportunities, the forum promotes collaboration at Africa's largest energy event,” states Tomás C. Gerbasio, VP Commercial and Strategic Engagement at the AEC.
Distributed by APO Group on behalf of African Energy Chamber.
Recognition Underscores the Company’s Global Leadership in Strategic Sourcing and Procurement Innovation Dragon Sourcing has been named a Product Challenger in the ISG Provider Lens™ Procurement Services 2025 report for the Global region, reinforcing its position as a rising force in strategic sourcing and procurement excellence worldwide. The report, published by Information Services Group (ISG)—a …
In the face of a shifting premium automotive market, Audi South Africa remains steadfast in its commitment to delivering top-tier products and services while adapting to evolving industry dynamics and consumer needs. Market pressures and shifts in consumer behaviour The premium automotive sector has faced significant pressures in recent years, marked by a notable buying-down …
South Africa, Uganda and Kenya topped the podium at this year's Africa Barista Championship. But the real winner at this year's Africa Barista Championship was African coffee culture itself.
From 24 to 28 February 2025, the scent of homegrown coffee filled the air in Dar es Salaam, as 23 baristas from 14 countries competed for continental recognition before packed crowds. Held alongside the 21st African Fine Coffees Conference and Exhibition (AFCA), the event marked a turning point: a bold celebration of local talent, regional markets, and Africa's fast-growing appreciation for its own specialty coffee – especially robusta.
‘This isn't just about coffee-making,' said Régine Léonie Guion-Firmin, an Authorized Specialty Coffee Association trainer (AST) based in Nairobi, Kenya. ‘It's about youth creating new career paths, fostering café culture, and driving demand for high-quality, locally produced coffee. You could feel the energy and pride.'
Behind the spotlight on brewing mastery, a deeper transformation was underway. With growing consumer interest across the continent, local roasters, baristas and entrepreneurs are championing African coffee for African consumers – redefining value not through export alone, but through domestic engagement.
In Cameroon, Thierry Djanga of TerrifiCoffee is part of that movement. His coffee placed second in a tasting competition at the event, but his priorities lie closer to home.
‘I'm happy to pay a premium for quality robusta from African producers,' he said. ‘Not just to export it, but to serve it locally. Consumers here are ready to pay for excellence. It's a virtuous circle that benefits everyone.'
The event also spotlighted technical capacity-building. A Barista Bootcamp, co-led by the International Trade Centre (ITC) and the Robusta Coffee Agency of Africa and Madagascar (ACRAM), trained more than 20 baristas in sensory analysis and brewing techniques aligned with World Barista Championship standards. The initiative, part of the ACP Business-Friendly programme, is helping professionalize the coffee sector and deepen local market appreciation for specialty-grade robusta.
Mozambique's participation was an eye-opener for many attendees unfamiliar with the country's emerging coffee sector. Meanwhile, Egypt's growing café scene brought new energy to discussions on regional trade and branding opportunities.
As coffee professionals, producers and policymakers shared ideas throughout the week, one message rang clear: Africa's coffee story is no longer confined to its export potential. The continent's producers, baristas, and consumers are reclaiming the narrative, one cup at a time.
Distributed by APO Group on behalf of International Trade Centre.
African Leadership Magazine (ALM) (www.AfricanLeadershipMagazine.co.uk) is pleased to unveil its highly anticipated Top 25 African Finance Leaders 2025 list — a prestigious editorial recognition that honours excellence, innovation, and transformative leadership within Africa's financial services and economic governance landscape. This year's cohort comprises distinguished finance ministers, central bank governors, CEOs of leading financial institutions, and other influential figures who are shaping the continent's economic architecture through visionary policy direction and exemplary stewardship.
The Top 25 list is a testament to the leaders who are championing fiscal responsibility, financial inclusion, and macroeconomic stability across the continent. These individuals have demonstrated a profound ability to navigate complex economic challenges, implement forward-thinking reforms, and inspire confidence in national and regional economies. Their collective leadership has contributed to enhanced investor confidence, accelerated digital finance adoption, and strengthened institutional frameworks that support inclusive and sustainable development. As Africa continues to assert itself as a dynamic player in the global economy, these leaders are setting the standard for excellence in financial governance, demonstrating the strategic foresight and resilience required to unlock the continent's vast economic potential.
“These finance leaders have not only surmounted formidable challenges but are actively shaping a new era of economic growth, transparency, and resilience,” said Dr. Ken Giami, Publisher & CEO of African Leadership Magazine. “Their bold and visionary leadership is redefining Africa's financial narrative and positioning the continent as a rising global financial powerhouse.”
The selection process follows a rigorous two-step procedure to ensure transparency and credibility. First, nominations are gathered from a global pool of experts in the finance and banking sectors, who identify individuals making significant contributions. Then, our editorial board conducts a thorough review, evaluating candidates based on their leadership, impact, and long-term influence on the African financial landscape. This comprehensive approach ensures that we honor only the most deserving leaders, whose work is truly transforming Africa's financial sector.”
The formal recognition and celebration of these leaders will take place at the African Finance Leadership Forum, scheduled for 22 April 2025 at the United States Capitol Building, Washington D.C., USA, on the margins of the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF).
The ALM Top 25 African Finance Leaders 2025:
Distributed by APO Group on behalf of African Leadership Magazine.
For media inquiries, please contact:
Ehis Ayere
Group General Manager
info@africanleadership.co.uk
+44 23 9265 8276
About African Leadership Magazine:
The African Leadership Magazine, published by the African Leadership Organization (UK), focuses on presenting the best of Africa to a global audience, telling the African story from an African perspective while developing solutions to challenges facing the continent today. We have committed the last 16 years to promoting impactful leadership on the continent and promoting African opportunities globally through an ecosystem of quality Afro-positive content, Africa trade facilitation and market entry solutions, Afro-centric communities and business networking platforms, as well as through public sector training and consulting.
