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MultiChoice reports resilient performance while expanding its platform

Location: Business
MultiChoice Group

MultiChoice Group (www.MultiChoice.com/) demonstrated resilient operational performance for the year ended March 2024 (FY24), delivering a 26% trading profit margin in South Africa, while increasing trading profit in the Rest of Africa by 48%, despite very challenging macro-economic conditions. Clear strategic milestones were reached, with the group successfully launching Showmax 2.0, SuperSportBet and Moment, all of which are now revenue-generating and supporting the group's future growth prospects.

Download document: https://apo-opa.co/4cj3eXQ

“Four years after setting out a clear strategy of building Africa's entertainment platform of choice and investing in services to support a broader ecosystem, our three core segments are now fully operational: video entertainment, interactive entertainment and fintech. Our focus now shifts to building on these solid foundations to drive growth in these new areas, and on further enhancing business efficiency across our operations.

While we are not alone in feeling the challenges of a weak consumer environment, I am proud of the speed and effectiveness of the team in implementing strategic actions to retain customers, safeguard cash generation and drive costs savings which surpassed our targets. It is the strength of this team, the quality of the underlying business and the clarity of our strategy which underpins my confidence in delivering on our potential,” said Calvo Mawela, MultiChoice Group CEO.

Some key points for the past financial year:

  • Subscriber base: Given the challenging consumer environment, overall active subscribers declined by 9%. This was mainly due to a 13% decline in the Rest of Africa business, with Nigeria, Angola and Zambia most affected, while the South African business was more resilient, declining by only 5%.   
  • Group revenue: increased by 3% on an organic basis. However, due to weaker local currencies and consumer pressure, reported Group revenue declined by 5% to ZAR56.0bn.
  • Subscription revenues: grew by 2% on an organic basis. However, on a reported basis, subscription revenues declined by 7% due to a weaker Naira.
  • Group trading profit: increased 24% on an organic basis, despite the additional ZAR1.4bn investment in Showmax to drive future growth. After factoring in the ZAR4.5bn impact related to foreign exchange weakness, reported trading profit declined by 21% to ZAR7.9bn.
  • Positive operating leverage: Given the positive impact of the lower expenditure (including ZAR1.9bn in cost savings and ZAR1.5bn in reduced decoder subsidies), the group achieved positive operating leverage of 4.3% (i.e. a 3.3% organic revenue increase against a 1% organic reduction in operating expenses).
  • Adjusted core headline earnings: Higher realised hedging gains and benefits from a narrower gap between official and parallel Naira rate, was more than offset by the weaker trading profitability, resulting in adjusted core headline earnings (which now includes losses on cash remittances after tax and minorities) decreasing by 20% to ZAR1.3bn.
  • Free cash flow: amounted to ZAR589m, impacted by lower profitability and the  ZAR1.7bn in Showmax platform payments.
  • Retained cash and cash equivalents: ZAR7.3bn in cash (before short-term commitments) and access to ZAR4.1bn in undrawn borrowing facilities provides significant headroom and flexibility to fund opportunities.

MultiChoice is by far the largest producer of original content on the African continent. In FY24, the group again produced over 6 500 hours of local content and its local content library now has more than 84,000 hours of content, a 12% increase YoY.

The highlight for the year was Shaka Ilembe, which launched on Mzansi Magic in June to become Africa's biggest TV series. Filmed entirely on location in South Africa, it was created through the skills and contributions of over 8 000 people. The premiere episode attracted over four million viewers and was the top-performing show with an audience share of over 45% in its time slot.

Other content highlights of the year was Reyka (season 2), Devil's Peak and White Lies on linear (co-produced with Fremantle, Canal +, Abacus Distribution and BBC Studios-owned Lookout Point) and Spinners, Original Sin: My Son The Killer, and Catch Me a Killer, on streaming. Across Africa, the group launched 3 new proprietary channels - in Ethiopia (Maaddii Abol), Uganda (Pearl Magic Loko) and Mozambique (Maningue Magic Kool) while also producing content in Africa's 4th most spoken language, Oromo.

SuperSport broadcast 34 490 live events during the year – arguably more live sport than any other broadcaster in the world. Highlights included the Rugby World Cup in France, the Cricket World Cup in India, a second  SA20 season in South Africa, AFCON, FIFA Women's World Cup in New Zealand and Australia, as well as the Netball World Cup in Cape Town.

SuperSport Schools more than doubled its registered user base during the year. The fast-growing platform displayed more than 49 000 hours of live programming across 43 different sports codes, covering 900 school sport festivals and events, featuring more than 1 100 schools, and over 14 500 teams.

SEGMENTAL REVIEW

South Africa Pay-TV (MultiChoice South Africa)

Due to a strong focus on retention initiatives, the decline in active subscribers in South Africa was limited to 5%, despite the challenging environment. The base now stands at 7.6 million households.  Power outages experienced on 275 days of the year further discouraged potential subscribers without backup power.

Although the Premium bouquet is trending toward a stable base given the targeted retention efforts, the premium customer tier (which includes the Premium and Compact Plus bouquets) declined by 8%. The mid-market Compact base, which is most exposed to the macro-economic challenges, was down 9%, while the mass-market tier was 2% lower due to pressure in the Family base, the impact of loadshedding, and reduced decoder subsidies.

A consequent 3% decline in subscription revenues and softer advertising income weighed on the segment's total revenues (-2% to ZAR33.6bn), but was partially offset by strong traction from new revenue streams, especially the insurance business (NMSIS) which reported a 35% increase in premium revenue to almost ZAR1bn. Several interventions to reduce costs enabled the SA business to achieve a trading margin of over 26%.  

Rest of Africa Pay-TV (MultiChoice Africa)

The business in the Rest of Africa faced the toughest macro-economic conditions in its core markets with high, double-digit inflation and extreme depreciation of local currencies, (especially in Nigeria, Angola, Kenya and Zambia) which impacted USD revenues by 32%.

The active subscriber base declined to 8.1m, but effective retention efforts contributed to an improved subscriber mix.

Due to the challenging market dynamics, the short-term focus of this business shifted from subscriber growth to safeguard profitability and cash flows. Several cost-saving initiatives were implemented, including scaling back significantly on decoder subsidies (-46% YoY or ZAR1.3bn), and reducing SG&A costs by ZAR500m. These interventions enabled the Rest of Africa business to increase trading profit by 48% YoY to ZAR1.3bn.

Sub-Saharan Africa SVOD (Showmax)

FY24 was a pivotal year for Showmax as it relaunched across 44 markets in sub-Saharan Africa on Peacock's world-class platform, which is 4K/HDR and ATMOS ready. Almost 100% of the eligible customer base was migrated to the new Showmax platform, and 88% of those migrated had reactivated their accounts in the seven weeks to year-end.

Alongside local content from M-Net, Mzansi Magic, Africa Magic and Maisha Magic, Showmax ramped up its local content, releasing 59 original movies and series in SA, Nigeria, Kenya and Ghana (FY23: 48). Popular shows that drove viewership included Tracking Thabo Bester, Koek, The Mommy Club, Youngins, Red Ink, Adulting, Outlaws and Real Housewives of Durban in South Africa, Cheta'm, Real Housewives of Lagos, Dead Serious, Wura and Flawsome in Nigeria, and Single Kiasi and Second Family in Kenya.

Showmax revenues for the year grew by 22% (+22% organic) to ZAR1.0bn, while trading losses increased to ZAR2.6bn. These losses came in below the expected range of ZAR3-4.0bn. As noted before, due to the partnership agreement signed in 2023, 30% of Showmax's funding requirements is contributed by Comcast.

Technology (Irdeto)

Irdeto's strong execution, enabled it to become the market leader in managed security services for video with a 22% market share. It also saw significant success in combatting piracy, taking down some 30 000 streaming piracy services during the year. Revenue increased by 17% (7% organic) driven by external customers across video entertainment, gaming and connected transport, with some additional uplift from a weaker ZAR against the USD. Disciplined cost management supported a 23% trading margin.

Irdeto shipped its first keyless solutions to leading customers, including one of the largest fleet operators in the US market. This resulted in a revenue increase of 119% YoY in the connected transport division, with revenue from new services now representing a combined 35.7% of total revenues. 

Sports betting and interactive entertainment (KingMakers)

KingMakers reported strong growth in the online business in Nigeria, with monthly active users up 37% YoY and online gross gaming revenues up 26% YoY in constant currency. New products were also launched, including BetKing Casino and BetKing FootballGO, a virtual football sportsbook service.

Revenue of USD147m was affected by the weak Naira, while the business reported a positive EBITDA of USD2m. At the end of its December year-end the business had a retained cash balance USD113m to fully fund its growth initiatives.

KingMakers launched the SuperSportBet business in South Africa in January 2024. Its pre-game shows and live feed integration with SuperPicks, as well as the Playbook preview show were key drivers of uptake, further supported by SuperSportBet becoming the official betting partner of local soccer clubs, Kaizer Chiefs and Orlando Pirates.

Fin-tech (Moment)

After being founded during FY23, Moment officially launched in FY24. The business played a vital role in the Showmax relaunch stepping up to fill a critical payments gap. In January this year, Moment also began processing MultiChoice's payments for DStv, reaching a milestone of processing USD85m in payments in early March 2024.

To-date, Moment has processed local and cross-border card payments in 44 Showmax markets and is already accounting for more than 20% of Group's payment volumes. It also joined real-time payment networks in 18 countries, including South Africa, and is currently piloting instant payment and account activation for DStv.

The business raised an additional USD22m of funding, with MultiChoice contributing USD8m. As a result, Moment is now valued at USD82m and MultiChoice owns a 26% stake.

FUTURE PROSPECTS

The linear video-entertainment business remains the mainstay of the group's operations and provides a valuable base from which to expand its service offerings. The new streaming, interactive entertainment, fintech and connectivity services are having a positive impact on the business, and more importantly, on the lives of its customers. Going forward, the group will focus its efforts on scaling Showmax, Moment, SuperSportBet, as well as on driving growth in insurance (NMSIS), DStv Internet and DStv Stream.

To counter the challenges around an uncertain economic recovery globally and across the group's operating footprint, the group will continue to drive business efficiency and cost optimisation, with an increased cost savings target of ZAR2bn.

Not only should this mitigate the ongoing impact of currency volatility and consumer weakness on performance, but together with the company's strategic plans to continue adapting its platforms to cater to customers' evolving needs, it positions the group well to prosper once currencies stabilize and economies rebound.

Distributed by APO Group on behalf of MultiChoice Group.

MultiChoice Group Contact Details: 
Litlhare Moteetee
Senior Manager: Corporate Communications 
Litlhare.Moteetee@Multichoice.co.za     

Meloy Horn, Head of Investor Relations 
Mobile: +27 82 772 7123 
meloy.horn@multichoice.com    

About MultiChoice Group:
MultiChoice Group (MCG), listed on the Johannesburg Stock Exchange (JSE), is a leading provider of entertainment and related consumer services, with an expanding ecosystem, underpinned by scalable technologies, and a track record now spanning almost 40 years.  MCG provides video entertainment products and services through its linear and streaming platforms to 23.5m households across 50 countries on the African continent and continues to grow by producing and acquiring the best local, sport and international content and offering tiered subscription packages and aggregated streaming services to its customer base. MCG's superior technology capabilities enables it to continue innovating around distribution, digital and payment solutions and content security to offer the best customer experience across the continent. Reaching up to 100 million individuals on a daily basis, the MultiChoice Group is using its scale and distribution to expand its platform to include sports betting and interactive entertainment, fin-tech services, household services (focused on internet connectivity and emergency response services) and ed-tech. Irdeto, MCG's technology business, provides platform cybersecurity services which protect over 6bn devices and applications globally for some of the world's best media and technology brands, as well as clients in the connected industries sector. 

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Licensing Rounds Open New Block Opportunities in Africa Ahead of AEW 2024

Location: Business
African Energy Chamber

With a strong slate of exploration and production activities and competitive licensing rounds in 2024, Africa is well-positioned to realize its potential as the global energy frontier. These bid rounds are poised to cement Africa as a global hub for hydrocarbon development.

Licensing rounds from Africa's leading upstream players will be on display at this year's African Energy Week (AEW): Invest in African Energy 2024 – scheduled for November 4-8 in Cape Town. Investors will be able to access exclusive information and technical presentations from the relevant petroleum ministries and regulators on both current and planned licensing rounds as the continent seeks to attract a broader range of companies to sign new contracts and drive exploratory drilling.

AEW: Invest in African Energy 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 www.AECWeek.com for more information about this exciting event.

Oil and Gas Revival in North Africa

As part of the country's plan to boost oil production to two million barrels per day within the next three to five years, Libya's parastatal National Oil Corporation has announced plans for an oil and gas licensing round in 2024 or early 2025. The licensing round will focus on fields in the Sirte, Murzuq and Ghadames basins and presents a vital opportunity for Libya to attract new upstream investments.

Meanwhile, Algeria is expected to launch a licensing round offering between 10 and 12 onshore blocks in late 2024. The bid round forms part of the country's strategy to maximize its gas and LNG potential. Additionally, in September 2023, the Egyptian General Petroleum Corporation and the South Valley Petroleum Holding Company launched a new licensing round aimed at boosting the country's energy reserves and production capacity. The licensing round offers 23 on- and offshore blocks for oil and gas exploration in the Western Desert, Eastern Desert, Gulf of Suez and Red Sea.

Driving Production in Africa's Promising Frontiers

With energy supermajors bp, TotalEnergies and Shell as well as upstream independent Kosmos Energy spearheading exploration activities in Mauritania, the country's upcoming licensing round for 15 offshore blocks in 2024 is poised to mark a significant milestone in its energy sector. Mauritania's coastal basin features extensive 2D and 3D seismic data coverage covering over 100,000km and 100,000km2, respectively.

Additionally, with its latest licensing round having featured 56 offshore blocks and concluding last September, another bid round is on the horizon for Sierra Leone in 2024. Despite its position as a frontier exploration market, Sierra Leone boasts a significant petroleum system that includes the Venus-B1, Mercury-1, Jupiter-1 and Savannah-1X discoveries. The country's licensing round is supported by extensive 2D and 3D multi-client data, competitive and transparent fiscal terms and cooperation agreements in place with other African markets.

Set to spur new exploration and drilling activities in the prospective acreages of its deepwater basins, Nigeria's Upstream Petroleum Regulatory Commission relaunched its latest licensing round during the Invest in African Energy summit in May. The round features 12 deep offshore and shallow water oil blocks and is available for bidding through January 2025.

Propelling Southern and Eastern Africa's Energy Security

Last September, Angola's national concessionaire the National Oil, Gas and Biofuels Agency launched a public tender for 12 onshore blocks in the Kwanza and Congo Basins. Receiving 53 bids, the tender includes four blocks in Angola's Congo Basin and eight in the Kwanza Basin.

https://apo-opa.co/4ciSR6B

Expected for 2024 or 2025, the South African government will put up at least 10 new onshore blocks for shale gas development in the country's Karoo region to reduce imports and alleviate an ailing energy grid. The licensing round will serve as the country's first competitive auction for oil and gas resources. According to the state-owned Petroleum Agency of South Africa, the Karoo basin is estimated to hold up to 209 trillion cubic feet of recoverable shale gas and includes 90,000km2 of acreage previously held by Shell.

https://apo-opa.co/4cfD8F4

Tanzania has proposed auctioning up to 26 oil and gas blocks by June 2024 and will award licenses to the winners by December of the same year. The round will serve as Tanzania's fifth bid round and is designed to revive interest in the country's largely underdeveloped oil and gas sector. Of the 26 demarcated blocks open for bidding, 11 will be situated in the country's offshore while 15 will be onshore. The Tanzanian government is currently in talks with a multi-client data contractor to compile extensive 2D and 3D seismic data within the basins.

https://apo-opa.co/3Vj2B9V

Meanwhile, having introduced a new Hydrocarbons Code in 2019, Gabon has emerged as a preferred destination for energy investors and majors due to investor-friendly reforms. Gabon's heightened interest is attributable to the deregulation of its hydrocarbons sector, which is a core aim of its recently enacted reforms.

https://apo-opa.co/3VglcU9

During the AEW: Invest in African Energy conference, industry experts will unpack block opportunities across Africa's mature and emerging oil and gas markets. Through dedicated country spotlight sessions, panel discussions and investor briefings, the event promotes deal-signing and project development.

Distributed by APO Group on behalf of African Energy Chamber.

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AEW Targets Equitable Energy Future with Just Energy Transition Summit

Location: News
African Energy Chamber

The upcoming African Energy Week (AEW): Invest in African Energy conference will feature a Just Energy Transition (JET) Summit, bringing together African energy policymakers, industry leaders, community representatives and global investors to develop actionable solutions for building a sustainable energy future.

The Summit will discuss Africa's gas market potential as a transition fuel, from financing small-scale LNG to establishing integrated LPG value chains. Prioritizing gas development for enhanced energy security and industrialization, Mozambique is home to two planned large-scale LNG developments from TotalEnergies and ExxonMobil, as well as Eni's Coral South and North projects. In South Africa, exploration company Kinetiko Energy is advancing an onshore LNG project with gas-to-power plans in Mpumalanga, while TotalEnergies is targeting FID on its Brulpadda-Luiperd conventional gas field this year, with commercial production expected by 2030.

https://apo-opa.co/3yRyajN.

AEW: Invest in African Energy 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 www.AECWeek.com for more information about this exciting event.

Africa's coal industry will also play a crucial role in shaping a just transition, with many countries relying on clean coal as a primary energy source. In South Africa, the Council for Geoscience is piloting the use of carbon capture storage and utilization technology to capture emissions from coal-fired power generation in Mpumalanga Province, leveraging funding from the World Bank. Botswana plans to construct a $2.5-billion coal-to-liquids plant, producing 12,000 barrels of diesel and gasoline daily. The facility will enable the southern African country to maximize the exploitation of its 212 billion tons of coal reserves for regional energy security, while reducing emissions, compared to using conventional coal combustion. The Just Energy Transition Summit will address strategies to decarbonize and transition existing coal power stations, while ensuring assets are not left stranded.   

Africa's burgeoning green hydrogen industry is pivotal in advancing the continent's inclusive energy transition agenda. By accelerating renewable energy infrastructure development, attracting new investments, creating jobs, and fostering workforce development, Africa is maximizing its green hydrogen potential. Namibia is spearheading this movement with the $10 billion Tsau/Khaeb project, securing funding from global investors including the German government, Japanese investors, and regional financial institutions. The Just Energy Transition Summit will spotlight projects and investment opportunities in Africa's leading green hydrogen markets, such as Mauritania, Egypt, South Africa, and Morocco, illustrating their significant role in driving the energy transition continent-wide.

https://apo-opa.co/4cewJtS

Furthermore, the Summit will highlight the intersection of social justice, environmental sustainability and economic policies, and how African leaders can prioritize local workforce development as part of the transition. Private and public sector entities across Africa are introducing policies and programs aimed at supporting local capacity building and female empowerment, ensuring that oil and gas sector activities are inclusive. Last month, Angola-based investment firm ABO Capital launched the Amity Training Center in Luanda to equip the next-generation workforce with technical skills across various sectors, including oil and gas. Namibia is also prioritizing local content with the launch of its draft Local Content Policy last November, anticipating an upcoming oil and gas boom and affirming capacity building as a critical component of a just transition.

“The exploitation of Africa's oil, gas, renewable and coal resources is crucial for a successful, inclusive and just energy transition. Increasing female and youth participation – another critical component of the Just Energy Transition Summit – will also ensure value addition to local economies, while ensuring long-term stability of energy markets,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

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Polygon’s outdoor media network expands across Africa

Location: Business
Polygon

Polygon (www.PDOOH.co.za), South Africa's largest programmatic digital out of home (DOOH) publisher network, has recently announced that it will be expanding its network across Africa. This brings it one step closer to realising its vision of offering marketers a single point of entry into the largest network of DOOH inventory across the continent.

At the start of June, Polygon will be able to offer advertisers inventory in Namibia, Botswana and Zambia, while in August, Mauritius, Ghana and Kenya will also come online. Towards the end of the year, the publisher network will add screens in Nigeria, Uganda, Zimbabwe, Mozambique and Angola to its inventory arsenal.

Remi du Preez, Managing Director at Polygon, explains that June's roll-out – as well as the roll-out planned for later this year – will be located at petrol station forecourts spearheaded under the Vivo brand. Forecourts are renowned among advertisers for their high dwell times and attention-capturing displays. This is made possible by Polygon's partnership with media owner Oasis Digital Networks, which has the rights to build sites at these petrol stations.

“We are expanding our large format digital network across the most frequented petrol stations in each country; from Windhoek, Gaborone, and Lusaka to other key hubs that travellers are likely to visit when moving through the major cities of these regions.”

Says Reinhardt Hanel, CEO of Oasis Digital Networks “What excited us about partnering with Polygon is that it is strongly rooted in the DOOH market and it understands the value proposition that our network of inventory offers to advertisers.”

Du Preez explains that historically – and as with other emerging markets – when purchasing inventory in Africa, there was often a lack of consistency and transparency in reporting. Media buyers faced concerns about the number of ad serves that were promised, versus actually delivered.

Through its programmatic network, Du Preez says that Polygon can offer advertisers complete transparency. “Buyers have immediate access to the programmatic demand-side platform (DSP), which offers a clear view as to what is happening on the ground.”

He adds that up until now, programmatic buying throughout Africa has been limited. “Through these new network integrations, we're on our  way to creating an African ‘mega network' that will allow digital strategists to buy programmatically anywhere on the continent and across a variety of venue types.

“We already have an array of digital strategists booking campaigns in Africa via Google, YouTube and Facebook; however, they now have the option to use these same tools to add DOOH to the mix, delivering high-impact, omnichannel campaigns.”

Adds Hanel: “Polygon, led by Remi, has positioned its business as an authority in the programmatic DOOH space, which is helpful to brands wanting to chart new ground in the outdoor arena.

“It has worked tirelessly to support media owners, like Oasis, in offering clients programmatic solutions. By marketing our inventory, they unlock new opportunities and revenue for us, fast-tracking our sales. We believe that they will play a key role in driving the move to greater programmatic availability in Africa.”

Concludes Du Preez: “This expanded network will not only allow media strategists and buyers to consolidate buying; it will also add value to the continent's media owners, who can now bank on a new stream of revenue, ultimately boosting Africa's economies.”

For more information, please visit www.PDOOH.co.za

Distributed by APO Group on behalf of Polygon.

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MTN Rwanda named Official Digital Partner of the 2024 Basketball Africa League Playoffs and Finals

Location: Sport

Basketball Africa League (BAL)
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The Basketball Africa League (BAL) (https://BAL.NBA.com/) and MTN Rwandacell Plc (MTN Rwanda), a market leader in mobile telecommunications in Rwanda, today announced a collaboration that makes MTN Rwanda the Official Digital Partner of the 2024 BAL Playoffs and Finals. 

The collaboration will see MTN Rwanda enhance the digital experience for BAL fans throughout the Playoffs and Finals taking place this week at BK Arena in Kigali through promotions, sweepstakes, and access to Ayoba, an all-in-one free app developed by MTN that offers free instant messaging; voice and video calling; sports, fashion, food, and entertainment news; games; and other content.  MTN Rwanda customers will also have access to BAL content on Ayoba, including highlight packages and episodes of “BAL Daily,” (https://apo-opa.co/4dZB2Lu) a magazine program produced by the league featuring highlights of the games and surrounding events, interviews with players and coaches, and analysis from BAL commentators and other personalities.

“Our collaboration with MTN will bring Rwanda's passionate Basketball Africa League fanbase even closer to the excitement of the BAL Playoffs and Finals,” said BAL President Amadou Gallo Fall.  “As a pan-African mobile telecommunications brand deeply rooted on the continent, MTN has been instrumental in providing enriched experiences for its customers in Africa.  We have a shared ambition to empowering communities, driving innovation, and building a sustainable ecosystem for long-term growth. We look forward to working together to extend this impact to BAL fans in Rwanda.”

“We are thrilled to work with the BAL as their official digital partner,” said MTN Rwanda CEO Officer Mapula Bodibe. “Our customers can look forward to an unforgettable showcase of talent. As a token of appreciation, we will be giving out free tickets to our valued customers, so keep an eye out on our social media platforms for the giveaway.  Additionally, BAL attendees will also receive a 35% discount when they pay for their tickets via MoMo. This collaboration reflects our commitment to supporting initiatives that unite communities and empower Rwandan youth, fostering national unity.”

MTN Rwanda joins the BAL's roster of partners that also includes Foundational Partners Rwanda Development Board, NIKE, Jordan Brand, and Wilson, as well as marketing partners Afreximbank, Bank of Kigali, Castle Lite, Hennessy, and RwandAir.

The 2024 BAL Playoffs and Finals will continue on Wednesday, May 29 with two semifinals games.  In the first game, Rivers Hoopers (Nigeria) will take on Al Ahly Ly (Libya) at 5 p.m. CAT.  In the second game, Petro de Luanda (Angola) will face Cape Town Tigers (South Africa) at 8:00 p.m. CAT.  The complete game schedule is available at BAL.NBA.com and will culminate with the 2024 BAL Finals on June 1 at 4:00 p.m. CAT.  Tickets for the Playoffs and Finals are on sale now at BAL.NBA.com and Ticqet.rw.

Distributed by APO Group on behalf of Basketball Africa League (BAL).

Contact: 
Edwin Eselem
Basketball Africa League
+221 78 615 42 87
EEselem@thebal.com

Christina Mukundwa
MTN Rwanda
+250 78812097
christina.mukundwa@mtn.com

About the BAL: 
The Basketball Africa League (BAL), a partnership between the International Basketball Federation (FIBA) and NBA Africa, is a professional league featuring 12 club teams from across Africa that tipped off its fourth season in March 2024.  Headquartered in Dakar, Senegal, the BAL builds on the foundation of club competitions FIBA Africa has organized across the continent and marks the NBA's first collaboration to operate a league outside North America.  Fans can follow the BAL (@theBAL) on Facebook (https://apo-opa.co/4bSkC5F), Instagram (https://apo-opa.co/4dWzHVI), Threads (https://apo-opa.co/4bxjFzS), X (https://apo-opa.co/3R4JMGi), and YouTube (https://apo-opa.co/4dVF73f) and register their interest in receiving more information at https://BAL.NBA.com/.

About MTN Rwandacell Plc: 
MTN Rwandacell Plc (MTN Rwanda) is the market leader in mobile telecommunications in Rwanda. Since 1998, we have continuously invested in expanding and modernising our network and leading digital solutions for Rwanda's progress. As the country's No 1 network, we offer various services to subscribers, including innovative propositions such as personalised voice and data offers for individuals and corporates with a clear vision to lead the delivery of a bold, new digital world to our customers because we believe everyone deserves the benefits of a modern connected life.

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Springboks, Kolisi honoured by African Union for Rugby World Cup (RWC) triumph

Location: Sport

South African Rugby
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The Springboks added prestigious continental awards to their impressive list of accolades following their back-to-back Rugby World Cup titles last year, when they received the Team of the Year and Sportsman of the Year awards at the African Union Sports Council Region 5 Sports Awards in Lusaka, Zambia on Saturday.

The glittering awards ceremony, to celebrate the pinnacle of sporting excellence, was attended by athletes, sports luminaries, and government dignitaries from across the ten countries that make up Region: Angola, Botswana, Lesotho, Malawi, Mozambique, Namibia, South Africa, Swaziland, Zambia, and Zimbabwe.

The awards add a continental flavour to the accolades received by the world champions, with the Springboks most recently being crowned the Team of the Year at the SA Sports Awards and SA Rugby Awards, while Kolisi received the People's Choice and Sports Star of the Year Awards.

SA Rugby President Mr Mark Alexander congratulated the team and Kolisi for being honoured in such a prestigious manner: “This award underlines the continental significance of the Springboks' consecutive Rugby World Cup victories and the key role Siya played in guiding the team both on and off the field.

“They deserve all the recognition for their hard work and sacrifices over several years to lift the Webb Ellis Cup in France last year and Japan in 2019, and we are delighted to see how far and wide their achievements have reached.

“The team and Kolisi have been critical in showing what unity, teamwork, and overcoming numerous barriers on and off the field can achieve in nation-building and building winning teams, and we hope this inspires teams across Africa to follow in their footsteps and achieve similar success.”

The competition for these awards was stiff, with the Springboks going up against the Malawian Scorchers – the national women's football team – and Botswana's senior men's 4x400m relay team, while Kolisi triumphed in a highly competitive category, edging out notable athletes such as Bayapo Ndori from Botswana, and Mancoba Mahlatsi from Swaziland.

The ceremony's keynote address was delivered by Her Excellency Mutale Nalumango, Vice President of Zambia. The African Union Sports Council Region 5 is committed to the development and promotion of sports within the Southern African region. The council, through various programmes and events, aims to foster unity, enhance athletic performance, and support athletes in achieving their highest potential.

Issued by SA Rugby Communications

Distributed by APO Group on behalf of South African Rugby.

For further information, please contact:
Andy Colquhoun
GM: Communications and Commercial
+27 (0) 21 928 7010
+27 (0) 82 926 0789
andyc@sarugby.co.za

De Jongh Borchardt
Communications Manager
+27 (0) 21 928 7021
+27 (0) 82 999 9979
dejonghb@sarugby.co.za

Rayaan Adriaanse
Junior Rugby Media Manager
+27 (0) 21 928 7013
+27 (0) 82 999 0022
rayaan@sarugby.co.za

Sindiswa Ximba
Media Operations Coordinator
+27 (0) 21 928 7011
+27 (0) 60 504 1069
sindiswa.ximba@sarugby.co.za

Zeena Isaacs
Springbok Media Manager
+27 (0) 21 928 7020
+27 (0) 82 357 3112
ZeenaI@sarugby.co.za

JJ Harmse
Sevens and Women's Rugby Media Manager
+27 (0) 21 928 7014
+27 (0) 71 480 4570
jjharmse@sarugby.co.za

Read moreSpringboks, Kolisi honoured by African Union for Rugby World Cup (RWC) triumph

2024 Basketball Africa League Season: By the Numbers

Location: Sport
Basketball Africa League (BAL)

Top Eight Teams to Compete at BAL Playoffs (www.BAL.NBA.com) and Finals in Kigali, Rwanda from May 24 - June 1; Bank of Kigali Joins BAL's Roster of Marketing Partners for Playoffs and Finals.

The 2024 Basketball Africa League (BAL) Playoffs will tip off on Friday, May 24 at BK Arena in Kigali, Rwanda featuring the top eight teams (https://apo-opa.co/3wP67QQ) from the league's Kalahari (https://apo-opa.co/3wCKu6N), Nile (https://apo-opa.co/4awYBbE) and Sahara (https://apo-opa.co/3yxDXuA) conference group phases that were held in Pretoria, South Africa; Cairo, Egypt; and Dakar, Senegal, respectively: FUS Rabat Basketball (Morocco), Petro de Luanda (Angola), Cape Town Tigers (South Africa), Al Ahly (Egypt), Al Ahly Ly (Libya), Rivers Hoopers (Nigeria), AS Douanes (Senegal) and US Monastir (Tunisia). 

The complete game schedule for the Playoffs and Finals, which is available at BAL.NBA.com, features four seeding games followed by an eight-game, single-elimination playoffs, culminating with the 2024 BAL Finals on June 1 at 4:00 p.m. CAT.  Tickets for the Playoffs and Finals are on sale now at BAL.NBA.com and Ticqet.rw.

In conjunction with the Playoffs and Finals, the BAL and Bank of Kigali today announced a collaboration to drive fan attendance and elevate the in-arena experience throughout the week. Bank of Kigali joins the BAL's roster of partners that also includes Foundational Partners Rwanda Development Board, NIKE, Jordan Brand and Wilson, as well as marketing partners Afreximbank, Castle Lite, Hennessy and RwandAir.

Below are notable facts and figures about the 2024 BAL season:

  • 238,000 – BAL games have generated 238,000 total watch hours across the NBA and BAL's social and digital media channels this season.
  • 125,000 – The Nile Conference game on May 26 between defending champion Al Ahly (Egypt) and first-time BAL participant Al Ahly Ly (Libya) was the most-watched game this season on the BAL's YouTube channel with 125,000 unique viewers.
  • 80,000 – The BAL set a single-season attendance record as more than 80,000 fans attended games across the three conference group phases.
  • 5,000 – This season, the BAL has engaged more than 5,000 youth from local communities through BAL4HER, BAL Advance, U-23 women's camps, Special Olympics programming, Jr. NBA clinics, Fan Zone, and in-arena gameday experiences.
  • 544 – Al Ahly Ly scored 544 points over six games during the Nile Conference group phase, the most points scored by any team during a group phase this season.
  • 500 – More than 500 media members from 20 countries across Africa, Europe and the U.S. were credentialed to cover the three group phases.
  • 375 – The BAL engaged 375 coaches and 141 referees through clinics in Pretoria, Cairo and Dakar.
  • 226 – Rivers Hoopers (Nigeria) guard Kelvin Amayo and Bangui Sporting Club (Central African Republic) guard Rolly Fula Nganga each played a total of 226 minutes during the group phases, the most minutes played of any players this season.
  • 214 – The 2024 BAL season is reaching fans in 214 countries and territories in 17 languages through free-to-air and paid TV broadcast partnerships with the African Union of Broadcasting, American Forces Network (AFN), Canal+, NBA TV, SuperSport, Tencent Video, TSN, TV5 Monde, Visionary TV and Voice of America (VOA), and livestreaming on the NBA App (https://apo-opa.co/43eJtgR), NBA.com, BAL.NBA.com and the BAL's YouTube channel (https://apo-opa.co/3twvshm). 
  • 154 – The 12 BAL teams this season collectively featured 154 players from 25 countries across Africa, Europe, Oceania, and the U.S., including five players with NBA experience, 19 players with NBA G League experience, 48 former NCAA Division I players, 18 former Basketball Without Borders (BWB) campers, 12 NBA Academy Africa prospects, and 39 players who have represented their national teams at the FIBA Basketball World Cup and FIBA AfroBasket.
  • 135 – Al Ahly Ly center Jo Lual-Acuil Jr. scored 135 points over six games during the group phase, making him the BAL's leading scorer. The South Sudanese center is averaging 23 points per game this season.
  • 110 – On April 27, Al Ahly Ly scored 110 points in its win against the City Oilers (Uganda), which marks the most points scored in a BAL game this season.
  • 51 – US Monastir (Tunisia) guard Chris Crawford helped his team qualify for the Playoffs with a league-leading 51 assists over six games. The 2023 All-BAL First Team member and former NBA G League player is averaging 8.5 assists per game.
  • 42 – On April 27, Al Ahly Ly center Jo-Lual Acuil Jr. set a new BAL single-game scoring record with 42 points when he led his team to a 110-78 win over the City Oilers.
  • 22 – Bangui Sporting Club guard Rolly Fula Nganga led the league in three-pointers (22) during the group phases.
  • 17 – City Oilers center Khaman Maluach led the league in blocked shots (17) during the group phases. The South Sudanese NBA Academy Africa prospect and Duke University commit averaged 13.5 rebounds and 2.8 blocks per game.
  • 12 – As part of the third edition of the BAL Elevate program (https://apo-opa.co/3WSZp7d), one NBA Academy Africa prospect joined each of the 12 BAL teams for the 2023 season. NBA Academy Africa is an elite basketball training center in Saly, Senegal for the top high-school-age prospects from across Africa and the first-of-its-kind on the continent.
  • 5 – Five new teams and three new countries were among the 12 club teams from 12 African countries that qualified for the 2024 BAL season (https://apo-opa.co/3KfHLTI).
  • 3 – 2022 BAL champion US Monastir is the first team in league history to overcome a 0-3 start in the group phase and qualify for the Playoffs after a 3-3 finish. 
  • 2 – The BAL had its first-ever double-overtime game when the Rivers Hoopers defeated Armée Patriotique Rwandaise Basketball (APR; Rwanda) 78-71 on May 11.
  • 2 – US Monastir and 2022 runner-up Petro de Luanda (Angola) are the only two teams that have participated in all four BAL seasons.
  • 1 – The inaugural Kalahari Conference group phase in March marked the first time BAL games have been held in South Africa and the first time the league expanded to four different countries.

Distributed by APO Group on behalf of Basketball Africa League (BAL).

Contact:
Edwin Eselem 
Basketball Africa League 
+221 786154287 
EEselem@thebal.com

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African Union Election Observation Mission arrives in South Africa ahead of the 2024 General Elections

Location: News

African Union (AU)
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The African Union Election Observation Mission (AUEOM) has arrived in South Africa ahead of the 29 May 2024 General Elections. At the invitation of the Government of South Africa and the Independent Electoral Commission (IEC) of South Africa, the Chairperson of the African Union Commission, H.E. Moussa Faki Mahamat, approved the deployment of the short-term AUEOM to assess and report on the conduct of this election.

The AUEOM is led by H.E. Uhuru Kenyatta, former President of the Republic of Kenya and is comprised of 60 short-term observers (STOs) drawn from ambassadors accredited to the African Union, officials of election management bodies, members of African civil society organisations, African election experts, human rights specialists, gender and media experts, and representatives of youth organizations. The observers are drawn from 24 countries which include Angola, Benin, Botswana, Burundi, Cameroon, Democratic Republic of Congo, Egypt, Ethiopia, Eswatini, Gambia, Ghana, Kenya, Lesotho, Mauritius, Morocco, Mozambique, Namibia, Nigeria, South Sudan, Togo, Tunisia, Uganda, Zambia and Zimbabwe.

The AUEOM will base its assessment on the legal framework governing elections in the Republic of South Africa and the OAU/AU Declaration on the Principles Governing Democratic Elections, the standards and obligations stipulated in the African Charter on Democracy, Elections and Governance (ACDEG), and the International Declaration of Principles (DoP) for International Election Observation among others.

The Mission shall interact with state authorities, the Independent Electoral Commission, political parties, the media, civil society organisations and representatives of the international community. The Mission will also interact with other election observation missions deployed to observe the 2024 General Elections in South Africa.

The Mission will release its preliminary findings and recommendations on the conduct of the elections on 31 May 2024 in a press conference in Johannesburg, South Africa.  A final and comprehensive report will be released within two months from the date of announcement of final election results and will be posted on the AU Commission website.

The Mission's Secretariat is located at the Hilton Hotel, Sandton, South Africa.  

Distributed by APO Group on behalf of African Union (AU).

Read moreAfrican Union Election Observation Mission arrives in South Africa ahead of the 2024 General Elections

Women in Africa face widespread discrimination in family laws

Location: News
Equality Now

Discrimination against women and girls remains widespread in family laws across Africa, finds new research by Equality Now (www.EqualityNow.org). Analysis of twenty African countries reveals gender inequality in marriage, divorce, custody, and property rights is being perpetuated by sex discrimination institutionalized within legal systems and customary laws. While some significant legal reforms have been achieved, progress has been slow, inconsistent, and hampered by setbacks, lack of political will, and weak implementation.

The report, Gender Inequality in Family Laws in Africa: An Overview of Key Trends in Select Countries (http://apo-opa.co/3V0dD4R), identifies how overlap and contradictions in legal frameworks make the interpretation and application of family laws confusing, creating complex challenges for harmonizing legal systems. 

The impacts of discriminatory family laws can be profound, putting women and girls at greater risk of sexual and gender-based violence and making them more dependent and vulnerable by curtailing their economic opportunities and reducing their decision-making power.

Full equality in family laws has not been achieved in any of the countries reviewed, namely Algeria, Angola, Botswana, Burundi, Cameroon, Côte d'Ivoire, the Democratic Republic of the Congo (DRC), Egypt, Ethiopia, Kenya, Malawi, Mozambique, Nigeria, Senegal, South Africa, South Sudan, Sudan, Tanzania, The Gambia, and Tunisia.

Pressing need for comprehensive legal reforms

Africa is home to diverse ethnic, linguistic, and religious groups with varied family law structures. Historically, communities developed intricate and deep-rooted systems of customary laws governing family relations. The introduction of European legal systems and religion resulted in a blend of customary, religious, and statutory laws that still shape legislation and practice through legal pluralism.

This complex patchwork is influenced by evolving social dynamics. Civil, customary, and religious law, such as Islamic or Christian canon law, sometimes encroach or conflict, and many provisions in religious and customary laws discriminate against women and girls.

Esther Waweru, report co-author and a Senior Legal Advisor at Equality Now, explains, “Culture and religion frequently act as major impediments in the struggle for family law equality, stalling reforms. Claw-back clauses and retrogressive practices water down the positive impact of progressive laws, and there is backlash from anti-rights movements seeking to reverse hard-won gains in areas such as eliminating child marriage and female genital mutilation.”

“Stagnation is also a problem, with governments pledging to reform discriminatory laws but failing to take meaningful action. In some instances, progressive family codes remain in limbo awaiting enactment.”

Progress on child marriage, but shortfalls remain

Child marriage is one area of notable progress. Absolute bans on marriage under 18 exist in Côte d'Ivoire, DRC, Egypt, The Gambia, Kenya, Malawi, and Mozambique. However, the persistence of child marriage in certain communities underscores the need for a multi-sectoral approach (http://apo-opa.co/3UFhEKR) incorporating awareness raising about the legal consequences and harms of child marriage.

Concerningly, laws in Cameroon, Nigeria, Senegal, South Sudan, Sudan, and Tanzania still allow child marriage, while in Algeria, Angola, Botswana, Burundi, Ethiopia, South Africa, and Tunisia, the legal age of marriage is 18, but exceptions are permitted.

Marital rape

Countries need greater protections against gender-based violence, especially intimate partner violence. Marital rape is not prohibited in Algeria, Kenya, Sudan, and The Gambia, while Northern Nigeria's Penal Code allows marital rape and “corrective” assault within marriage.

Marital rape is only criminalized upon separation in Tanzania, and in Burundi, the penalty is under 30 days imprisonment or a fine. Tunisia's law states a wife must fulfill her duties in line with ‘usages and customs,' putting women at risk of marital rape as a wife's traditional role includes pleasing her husband sexually.

Malawi's courts have stated that rape does not extend to marriage. Customary law presumes perpetual consent to sex within marriage, and Malawi's civil law appears to support this by providing only limited circumstances in which a wife can deny her husband sex, such as poor health or when legally separated.

Countries like Côte d'Ivoire, Mozambique, and South Africa can be commended for explicitly criminalizing marital rape. It's imperative that all nations introduce bans, accompanied by awareness-raising campaigns and accessible support services for survivors. Effective legal enforcement is also crucial, as is providing comprehensive training for officials in the criminal justice, healthcare, and social service sectors.

Discriminatory marriage practices

In most African countries, registration of civil marriages is a legal requirement governed by specific laws formalizing marriage. Women in customary and religious marriages are at greater risk of discrimination as they don't have the same legal protection as people in civil marriages. Same-sex partners also experience this, as marriages and civil unions are largely reserved for heterosexual couples.

Polygamy is legally permitted in Cameroon, Egypt, Kenya, Senegal, and South Sudan, with men allowed four wives in Sudan and Senegal. Côte d'Ivoire, Mozambique, and South Africa have statutory laws for monogamy, but customary and religious laws and practices continue to recognize polygamy without adequate protections for women in polygamous marriages. Other harmful traditional practices, such as widow inheritance and surrogate marriage, treat women as property.

Discrimination in divorce and child custody laws

Countries such as Sudan discriminate by granting husbands more powers to initiate divorce. In Algeria, women can only request a divorce in cases of abandonment, violation of the marriage contract, or if alimony is unpaid. In both Sudan and Egypt, in some no-fault divorces, a woman must pay financial compensation to her ex-husband.

Child custody laws have been reformed in Angola, Botswana, Burundi, Cameroon, Côte d'Ivoire, DRC, Mozambique, and Senegal, ensuring guardianship rights for both parents, irrespective of marital status.

Sex discrimination remains in countries like Senegal, where the father is the legal guardian regardless of the mother's caregiving role. In Tunisia and Algeria, fathers retain legal guardianship even if the mother has custody. Algeria and Sudan strip a mother's rights to custody upon remarriage, but this doesn't apply to men.

Matrimonial property and inheritance

Matrimonial property laws is another area that has undergone considerable reforms. Côte d'Ivoire, Kenya, Malawi, and South Africa have introduced legal provisions for equitable distribution of matrimonial property. In Ethiopia, Nigeria, South Africa, and The Gambia, laws recognize the right of married women to acquire, own, maintain, and dispose of their property.

However, some customary and religious laws undermine women's inheritance rights. In Algeria, Cameroon, Côte d'Ivoire, Egypt, Nigeria, South Sudan, Sudan, and Tunisia, women and girls receive less inheritance than men and boys.

Women are disadvantaged by cultural biases that influence judicial decisions, with unequal distribution particularly evident in divorce and widowhood. In some countries, wives can be excluded from inheriting their husbands' property. One example is Angola, where customary laws exclude wives from inheriting their deceased husband's property, and widows are sometimes forced from their matrimonial home.

Aligning family laws with international human rights standards

Family laws in Africa must align fully with international human rights standards. Many countries have ratified key treaties like the Convention on the Elimination of All Forms of Discrimination against Women (CEDAW) and the Protocol to the African Charter on Human and Peoples' Rights on the Rights of Women in Africa (Maputo Protocol). However, implementation and enforcement of these treaties remain inconsistent, with discriminatory family laws and policies remaining in statutes and practices.

Waweru concludes, “It's especially concerning that in most countries where national judiciaries and African Union judicial bodies have explicitly called for law reform in their decisions, governments haven't implemented these changes. And even where laws are equitable, enforcement is frequently inadequate and biased against women, and women may not know their legal rights.”

“To safeguard women and girls within family law, it is imperative for all African nations to promptly enact robust legislative and policy frameworks that align with international and regional human rights obligations.”

Distributed by APO Group on behalf of Equality Now.

Notes to editors
For media requests, please contact
Tara Carey
Global Head of Media
at Tcarey@equalitynow.org
T. +44 (0)7971556340 (WhatsApp)

About Equality Now: 
Equality Now is an international non-governmental human rights organization that works to protect and promote the rights of all women and girls around the world by combining grassroots activism with international, regional, and national legal advocacy.

Our international network of lawyers, activists, and supporters achieve legal and systemic change by holding governments responsible for enacting and enforcing laws and policies that end legal inequality, sex trafficking, online sexual exploitation, sexual violence, and harmful practices such as female genital mutilation and child marriage.

For more information about Equality Now go to www.EqualityNow.org, and follow on X (Twitter) at http://apo-opa.co/3yiYRgN and Linkedin at http://apo-opa.co/3wrGPIT.

About Africa Family Law Network (AFLN): 
Gender Inequality in Family Laws in Africa: An Overview of Key Trends in Select Countries is a critical data source informing legal, policy, and practice reforms to end sexism and discrimination in family laws in Africa. It will be used by Equality Now, the Africa Family Law Network (AFLN) (http://apo-opa.co/4bkc0ot), and partners to help facilitate work with the policy and judicial organs of the African Union, particularly the Special Rapporteur on the Rights of Women in Africa to influence change.

AFLN was launched in October 2022 and aims to formulate a regional alliance in Africa amongst national advocates and groups to raise collective action and accelerate organizing and mobilization efforts toward family law reform.

AFLN is led by founding partners Equality Now, The African Women's Development and Communication Network (FEMNET) (http://apo-opa.co/3WIinxt), Musawah (http://apo-opa.co/3UZrM2h), and the Strategic Initiative for Women in the Horn of Africa (SIHA Network) (http://apo-opa.co/4bkz5r2).

AFLN is part of the Global Campaign for Equality in Family Law (http://apo-opa.co/4bDdSbF), which calls on all states to ensure equality for women and men under the law in all matters relating to the family, regardless of religion, culture, and tradition.

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One Day to Go: Invest in African Energy (IAE) 2024 Forum Prepares to Kick Off

Location: News

Energy Capital & Power
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The second edition of the Invest in African Energy (IAE) forum will kick off on Tuesday, May 14 in Paris, uniting the African and global energy industry for two days of discussions, networking and deal-making opportunities.

The two-day forum has confirmed the participation of African energy ministries, NOCs, service providers and regulators from Angola, Egypt, Equatorial Guinea, Gabon, The Gambia, Guinea-Conakry, Ivory Coast, Morocco, Nigeria, Republic of the Congo, Sierra Leone, Senegal and South Africa. These target markets will showcase key projects open to private sector participation – including licensing rounds, farm-in opportunities and more – through technical presentations, country-specific sessions and regional market spotlights. A highly anticipated ministerial panel on Day 2 will map Africa's path in the just energy transition, amid shifting energy priorities and global environmental policies.

IAE 2024 is an exclusive forum designed to foster collaboration between European investors and African energy markets. Taking place May 14-15, 2024, in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors, and policymakers. For more information, please visit www.Invest-Africa-Energy.com.

The event has also attracted the attention of global investors, bringing together operators, exploration and production companies, technology and service providers, development finance institutions, multilateral banks, investment platforms and trade and development organizations from the Middle East, Europe, the U.S. and Asia. IAE 2024's international, high-level attendance speaks to sustained interest in developing Africa's energy resources for enhanced energy security on the continent and across the globe. A series of panel discussions will explore future proofing Africa's gas and LNG industry; creating opportunities in Africa's energy system; financing African renewable energy projects; unlocking midstream and downstream investment; new opportunities in key growth markets; and more.  

“IAE 2024 is set to be the premier African energy project showcase taking place outside of the African continent. We invite energy industry stakeholders to register and attend the forum – kicking off tomorrow – as we look forward to two productive days of deal-making and discussions in Paris,” says Sandra Jeque, Event & Project Director at Energy Capital & Power, forum organizers.

Distributed by APO Group on behalf of Energy Capital & Power.

Read moreOne Day to Go: Invest in African Energy (IAE) 2024 Forum Prepares to Kick Off

Public-private partnerships essential to unlock SADC opportunities

Location: News

Public-private partnerships essential to unlock SADC opportunities

Public-private partnerships (PPPs) are essential to unlock economic opportunities presented by the African Continental Free Trade Area (AfCFTA) in the transport and logistics industry for the movement of goods across the continent, says the Development Bank of Southern Africa (DBSA).

“Collaboration between the private sector and government is key to unlocking opportunities. For instance, the Lobito Railway Corridor is a brownfield project, where the private sector identified the opportunity and partnered with government,” DBSA Senior Deal Originator Bongo Bacela said on Thursday.

The Lobito Corridor project entails the construction of almost 350 miles of rail line in Zambia, along with hundreds of miles of feeder roads, linking the southern part of the Democratic Republic of the Congo (DRC) and the northwestern part of Zambia to regional and global markets via Angola’s Port of Lobito.

The Lobito Corridor ushers in myriad new opportunities for economic growth and development that will unlock the region’s commercial competitiveness. This infrastructural investment is a powerful catalyst for the establishment of small businesses along the railway transport routes, fostering local economic growth.

“They [Zambia] entered into a concession agreement because the State-owned enterprise that was running the line was struggling to run it in an efficient manner, so given the experience and the knowledge of the industry by the private sector, they entered into a concession agreement with government.

“We believe that there will be economic opportunities that will be unlocked, traffic will be higher, both the DRC and Angola will benefit from a tax point of view. Jobs will be created and the whole world will benefit from the minerals that will be transported on the corridor," Bacela said.

The bank is involved in a number of transport corridors in the Southern African Development Community (SADC) region.

"We are involved in these projects because we understand the region needs regional integration to promote trade amongst the countries in Africa so we can achieve our developmental goals as the continent and improve economic activity between the various countries in the region.

“Without these [projects], there is now way that the countries can promote trade if we don’t improve our transport infrastructure in the transport sector,” Bacela said during a webinar hosted by the Department of Trade, Industry and Competition (the dtic) on Thursday.

The bank is involved in the financing of the Lobito Railway Corridor, together with an American Development Finance Institution.

“We are looking to provide funding to the tune of up to $200 billion. We see this as an important corridor because of the minerals that are coming out of the DRC mines that must be evacuated and exported to markets such as China and the United States

“Our interest is mainly around some of the transition minerals such as lithium and some rare earth minerals that are coming from mines in the Zambia and the DRC,” Bacela said.

The DBSA is a government-owned development finance institution mandated to promote economic growth as well as regional integration for sustainable development projects and programmes across the African continent.

It finances infrastructure projects in six sectors, namely, transport and logistics; Information and Communication Technologies (ICT); water and sanitation; energy, and social housing.

“Government cannot succeed without the private sector and the private sector cannot succeed without government because governments will have to issue licences and permits that are required for the private sector to operate the infrastructure,” Bacela said.

He cited regulations, skills shortage, funding shortages and the currency mismatch as some of the challenges that the transport and logistics sector experience in the region. – SAnews.gov.za

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Thu, 05/09/2024 - 13:47

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Johannesburg: Data centre hub for big operators in South Africa

Location: MyPR

Cushman & Wakefield | BROLL says operators seek sites to the north and east of Johannesburg, in well-located nodes with power supply, while in the smaller Cape Town market data centres are expanding, and there’s growing interest in Nigeria and Kenya. The surge in AI technology deployment and demand for more efficient cloud storage drives …

Read moreJohannesburg: Data centre hub for big operators in South Africa

Africa Teems with Clean Energy Prospects, Ahead of IAE Forum

Location: News
Energy Capital & Power

European partners have been vocal about plans to boost clean, smart and secure investments in Africa's energy sector, with the EU's Global Gateway Initiative aiming to mobilize €150 billion across the continent through 2027. Motivations for this range from securing the bloc's own energy supplies, to strengthening energy diplomacy on the continent, to generating high returns on critical infrastructure investments. Given Europe's focus on sustainable energy development, the upcoming Invest in African Energy (IAE) forum (https://Invest-Africa-Energy.com) – taking place in Paris on May 14-15 – will showcase opportunities for the European and global private sector to develop and advance natural gas, renewable energy, green hydrogen and decarbonization technologies across the continent, with a view to supporting Africa's role in the global energy transition.

LNG

As Africa looks to develop its gas for domestic and export markets, LNG (https://apo-opa.co/3UD3ivS) represents a critical investment avenue for European partners and investors. Representing a relatively clean-burning fossil fuel that can deliver energy reliably and to scale, LNG has been positioned as the fuel of the future and the key to meeting rising energy demand in Africa and globally. European majors and independents are already at the helm of developing world-class LNG facilities across the continent, from bp's Greater Tortue Ahmeyim LNG in Senegal and Mauritania, to Perenco's Cap Lopez LNG Terminal in Gabon, to Eni's Congo LNG in the Republic of Congo. The continent features myriad opportunities in the exploration, transport, processing and storage of natural gas and associated EPC contract value in establishing integrated gas value chains. 

Renewables

Africa's solar potential is measured at 7,900 GW – more than 1,000 times its current solar generation capacity – while wind potential is measured at 461 GW, which equates to 100 times the current wind generation capacity. The continent is home to considerable technical potential for hydropower – which accounts for approximately 17% of its electricity generation on average – and is set to overtake Europe in installed geothermal capacity by the end of the decade. Given Africa's prolific energy needs, decentralized power solutions (https://apo-opa.co/4aRnFuC) – particularly from renewables – hold the capacity to help electrify rural parts of the continent, while aligning with net-zero targets.

Green Hydrogen

Owing to its substantial and often co-located renewable resources, Africa provides optimal conditions for the development of green hydrogen (https://apo-opa.co/4aRgItB) and green ammonia, estimated to be able to produce a surplus of 20-40 million tons of green hydrogen per year by 2050. The continent is home to several major green hydrogen projects – namely, the 15 GW Aman project in Mauritania, 3 GW Tsau Khaeb project in Namibia and 4 GW SCZONE project in Egypt. Germany has emerged as an active player in this domain by investing in and lending technical expertise to hydrogen development in Angola, Mauritania and Namibia, as well as pledging to invest €4 billion in sustainable energy projects in Africa – including renewable power, green hydrogen and critical raw mineral extraction – through 2030. The EU is targeting ten million tons of imported renewable hydrogen per year by 2030, offering development finance and production subsidies to help African countries develop their green hydrogen supplies.

Carbon Capture and Storage (CCUS)

Capturing carbon dioxide produced from burning fossil fuels or as a by-product of industrial manufacturing processes, CCUS technology represents a dynamic investment opportunity within Africa's energy transition. It holds a wide range of applications – from enhanced oil recovery to fuel production to waste-to-energy plants – and aligns with Africa's decarbonization goals, while enabling much-needed energy production. CCUS projects are already underway in South Africa's Mpumalanga Province – where it will capture carbon dioxide from coal-fired power stations – and at Egypt's Meleiha Field, part of a broader $25-million, multi-phase CCUS project. CCUS aligns closely with the EU's broader decarbonization goals and represents a strategic area of potential collaboration between European and African service providers by way of sharing best practices, technical expertise and technological innovation.

Distributed by APO Group on behalf of Energy Capital & Power.

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FAO warns of maize shortfall across Southern Africa

Location: News

Food and Agriculture Organization (FAO)
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Cereal production prospects in Southern Africa have taken a sharp turn for the worse since last February, the Food and Agriculture Organization of the United Nations (FAO) warned today (Monday/Tuesday).

The foreseen shortfall in production, especially for maize, is expected to intensify households' food insecurity, push up domestic prices and spur a surge in import needs across the subregion, according to a new assessment from FAO's Global Information and Early Warning System. White maize accounts for almost 20 percent of calories consumed in the subregion.

The disappointing forecast comes after “widespread and substantial rainfall deficits in February, exacerbated by record high temperatures, a particularly damaging combination for crops,” the report said, noting that there are scant hopes of a recovery before the harvest period commences in May.

Acute food insecurity in southern Africa, estimated at 16 million people in the first three months of 2024, could deteriorate in late 2024, FAO warned.

Food prices, already rising at annual rates above 10 percent, are likely to rise further and, based on current projections, South Africa and Zambia, typically maize exporters, will not be able to cover the supply shortfall, and Zambia has started importing maize to meet the shortfall.

This combination of reduced harvests and rising food prices is particularly harmful for agricultural households and restoration of production,, as farm incomes are set to be squeezed while more resources will be needed to purchase food, said Jonathan Pound, economist at FAO's Global Information and Early Warning System.

Plan ahead for shift to La Niña

This observed pattern is typical of the El Niño weather phenomenon in the region, FAO noted.

Current forecasts however point a high likelihood of a transition to a La Niña phase later in the year, with more beneficial precipitation patterns.

That makes it “imperative” to scale up resilience-bolstering measures enabling  farmers to prepare adequately for the next agricultural season starting in September 2024, FAO said.

The governments of Malawi, Zambia and Zimbabwe have already declared drought emergencies. Teaming up with the NASA Harvest programme, FAO geospatial observations suggest that key cereal crops will suffer adverse impacts in parts of Angola, Malawi, Mozambique, Namibia, South Africa and Zimbabwe, with Zimbabwe, Malawi and Mozambique expected to see a notable jump in import needs.

Distributed by APO Group on behalf of Food and Agriculture Organization (FAO).

Read moreFAO warns of maize shortfall across Southern Africa

El Niño effect on Southern Africa to be addressed by government agencies, partners 

Location: News

El Niño effect on Southern Africa to be addressed by government agencies, partners 

Southern Africa is in the grip of an urgent crisis, according to the Food, Agriculture and Natural Resources Policy Analysis Network (FANRPAN). 

According to the FANRPAN, a record-breaking dry spell lasting over 30 days is scorching countries – Angola, Botswana, Madagascar, Malawi, Mozambique, Namibia, Zambia, and Zimbabwe. 

“El Niño and climate change are fuelling this disaster, inflicting severe damage on crops and livestock over the past five years,” the institution said. 

The FANRPAN is a pan-African network that provides independent evidence to inform policy processes at national and regional levels.

Its mandate is to co-ordinate policy research and dialogue and recommend strategies for promoting food, agriculture and natural resources sectors in Africa.

“The situation is dire and demands immediate attention. Widespread crop failure looms in Malawi, Zambia, and Zimbabwe. Livestock are dying at alarming rates due to a lack of water and vegetation. 

“The movement of desperate people and animals is spreading diseases, including those transmissible to humans.” 

Meanwhile, over 9 000 cattle deaths have been reported since October 2023.

“This is a humanitarian crisis demanding immediate action. Without urgent intervention, the suffering of affected communities will only worsen.” 

The FANRPAN and its partners will have a media briefing on Tuesday, 22 April 2024, at the Agricultural Research Council in Hatfield, Pretoria, to address the matter. 

The media briefing will shed light on the scale of the drought in Southern Africa and the steps governments, donors, and international actors must immediately take to save lives and avoid further catastrophes. – SAnews.gov.za

 

Gabisile
Fri, 04/19/2024 - 12:49

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National Basketball Association (NBA) Delivers Increased Viewership and Engagement in Africa During 2023-24 Season

Location: News
National Basketball Association (NBA)

NBA Africa (www.NBA.com) today announced that the 2023-24 regular season delivered increased television viewership in Africa as well as increased engagement across the league's localized social media accounts on the continent.  Highlights include:

Live Game Viewership

  • The more than 140 live game telecasts in Africa generated a 41% year-over-year increase in average viewership and nearly 6 million total watch hours.

NBA Africa Social Media

  • NBA Africa's localized social media accounts generated nearly 90 million video views.
  • The NBA Africa YouTube (https://apo-opa.co/442MHo9) channel generated a more than 230% year-over-year increase in video views, driven by the NBA All-Star Africa Takeover influencer campaign that generated more than 2 million video views.
  • The number of followers of NBA Africa's localized social media accounts increased by 20% year-over-year. 
  • Globally, Victor Wembanyama (San Antonio Spurs; France; ties to Democratic Republic of the Congo) and two-time NBA Most Valuable Player Giannis Antetokounmpo (Milwaukee Bucks; Greece; ties to Nigeria) were among the 10 most-viewed players globally (https://apo-opa.co/3Q7PMxs) on NBA social media this season, with 1.3 billion and 558 million views, respectively.

Merchandise

  • Driven by the opening of NBA Stores in Cape Town and Durban, in addition to the NBA Store in Johannesburg, jersey sales in South Africa increased by nearly 150% year-over-year.

Digital Platforms

NBA Africa's first original docu-series “Born & Bred”, which tells the stories of five current and former NBA Academy Africa student-athletes from Angola, Egypt, Nigeria, Senegal and South Sudan, has generated more than 20,000 video views on the NBA App.

Distributed by APO Group on behalf of National Basketball Association (NBA).

Contact:
Pawel Weszka, NBA Africa Communications,
pweszka@nba.com
+27 10 0072666

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52 Players from 11 Countries to Compete in Basketball Africa League Nile Conference in Egypt

Location: Sport
Basketball Africa League (BAL)

2024 BAL Season (BAL.NBA.com) Continues Friday, April 19 with Nile Conference Group Phase in Cairo; 24 Players with NBA, NBA G League and NCAA Experience to Feature on Nile Conference Rosters; Tickets on Sale Now at BAL.NBA.com and Tazkarti.com; Fans Can Save Up to 35% On Group Packages.

Download document: https://apo-opa.co/4d5ATpa

The Basketball Africa League (BAL) today announced the 52 players from 11 countries across Africa, Europe and the U.S. who will compete in the 2024 Basketball Africa League's (BAL) Nile Conference group phase, which will take place from Friday, April 19 – Saturday, April 27 at the Hassan Mostafa Indoor Sports Complex in Cairo, Egypt*.

The four teams (https://apo-opa.co/3T0x5w8) competing in the Nile Conference group phase feature seven players with NBA and NBA G League experience, 17 former NCAA Division I players, four current NBA Academy Africa prospects, two NBA Academy Africa graduates, six former Basketball Without Borders (BWB) campers, nine players who have participated in the FIBA Basketball World Cup, and 28 players with FIBA AfroBasket experience.

The opening game of the Nile Conference group phase will feature first-time BAL participants Al Ahly Ly (Libya) and Bangui Sporting Club (Central African Republic) facing off at 4:00 p.m. local time / 10:00 a.m. ET. In the second game, home team and defending BAL champion Al Ahly (Egypt) will begin its title defense against two-time BAL participant City Oilers (Uganda) at 7:00 p.m. local time / 1:00 p.m. ET.  The complete game schedule is available at BAL.NBA.com.

Tickets are on sale now at BAL.NBA.com and Tazkarti.com, starting at 75 EGP with up to 35% off single game ticket prices by purchasing group packages by emailing BalTickets@thebal.com.

Following the Nile Conference, the 2024 BAL season will continue with the Sahara Conference group phase, which will take place from Saturday, May 4 – Sunday, May 12 at the Dakar Arena in Dakar, Senegal, and feature 2022 BAL champion US Monastir (Tunisia), home team and 2023 BAL runner-up AS Douanes (Senegal), 2021 BAL participant Rivers Hoopers (Nigeria), and first-time BAL participant Armée Patriotique Rwandaise Basketball (APR; Rwanda). Tickets for the Sahara Conference group phase are available at Teewtickets.com, with up to 20% off single game ticket prices when purchasing packages for two, four or all 12 games.

Fans who purchase tickets will also have free access to BAL Fan Zones at the arena in each market.

FUS Rabat Basketball (Morocco; 3-1) and Petro de Luanda (Angola; 2-2) finished as the top two teams at the inaugural Kalahari Conference group phase in Pretoria, South Africa last month. The top two teams from each conference and the top two third-place teams from across the three conferences will travel to BK Arena in Kigali for four seeding games followed by an eight-game, single-elimination Playoffs and Finals from Friday, May 24 – Saturday, June 1. Ticket sales information for the Playoffs and Finals will be announced in the coming weeks.

The 2024 BAL season is reaching fans in 214 countries and territories in 17 languages through free-to- air and paid TV broadcast partnerships with the African Union of Broadcasting, American Forces Network (AFN), Canal+, NBA TV, Tencent Video, TSN, TV5 Monde, Visionary TV and Voice of America (VOA), and livestreaming on the NBA App (https://apo-opa.co/43eJtgR), NBA.com, BAL.NBA.com and the BAL's YouTube channel (https://apo-opa.co/43gfoxt).

Linked here (https://apo-opa.co/4d5ATpa) please find select Nile Conference group phase player and coach storylines.

*Rosters are subject to change and will be updated in real-time on the team roster pages on BAL.NBA.com.

View Nile Conference Group Phase Rosters (https://apo-opa.co/3T0x5w8)

Basketball Africa League Season 4 Nile Conference Hype Video (Credit: Basketball Africa League) (https://apo-opa.co/4avTsAM)

Distributed by APO Group on behalf of Basketball Africa League (BAL).

Contact:
Edwin Eselem
Basketball Africa League
+221 78 615 42 87
EEselem@theBAL.com

About the BAL:
The Basketball Africa League (BAL), a partnership between the International Basketball Federation (FIBA) and NBA Africa, is a professional league featuring 12 club teams from across Africa that will tip off its fourth season in March 2024.  Headquartered in Dakar, Senegal, the BAL builds on the foundation of club competitions FIBA Africa has organized across the continent and marks the NBA's first collaboration to operate a league outside North America. Fans can follow the BAL (@theBAL) on Facebook (https://apo-opa.co/3IryMxW), Instagram (https://apo-opa.co/48G8a76), Threads (https://apo-opa.co/49zyG3f), X (https://apo-opa.co/3wLTzd4), and YouTube (https://apo-opa.co/43gfoxt) and register their interest in receiving more information at www.BAL.NBA.com.

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ExxonMobil Foundation Collaborates with JA Africa on $300,000 science, technology, engineering and mathematics (STEM) Program

Location: News
JA Africa

Program to provide STEM and problem-solving skills to students across continent; Students to compete for chance to attend major regional industry conference; Aims to develop the next generation of African thinkers and workforce.

The ExxonMobil Foundation and JA Africa have launched the "ExxonMobil STEM Africa” initiative, a $300,000 program to promote science, technology, engineering and mathematics (STEM) for approximately 3,000 African students across Nigeria, Namibia, Angola and Mozambique.

The program will prepare middle and high school students for future STEM careers through immersive quizzes and hands-on experiences at Innovation Camps. The camps, delivered by JA Africa, will teach new approaches to addressing STEM-related challenges.

“Growing students' STEM skills is key in developing the next generation of problem solvers across Africa,” ExxonMobil Foundation President Alvin Abraham said. “We're excited to see how these young minds apply what they've learned through our program.”

Teams who present the best STEM solutions will represent their countries at a major regional industry conference in Cape Town, South Africa. Students will gain cross-cultural exposure, learn about energy from a global perspective and showcase their ideas while connecting with industry leaders.

“In an era where technology and innovation propel the global economy forward, Africa's position at the forefront of technological advancements is crucial for maintaining competitiveness and sustainable development,” said JA Africa President and CEO Simi Nwogugu. “We are grateful to the ExxonMobil Foundation for this partnership to nurture STEM competencies to shape Africa's future."

To learn more about the program, visit https://ExxonMobilSTEMsAfrica.org/

Distributed by APO Group on behalf of JA Africa.

About ExxonMobil Foundation:
The ExxonMobil Foundation is the primary philanthropic arm of Exxon Mobil Corporation in the United States. The Foundation engages in a range of philanthropic initiatives in areas where the company operates around the world, with a strategic focus on science, technology, engineering, and math (STEM) education.

About JA Africa:
As one of Africa's largest and most impactful youth-serving NGOs, JA Africa delivers hands-on, immersive learning in work readiness, financial health, entrepreneurship, sustainability, STEM, economics, citizenship, ethics, and more. JA Africa has a presence in 16 countries in Sub-Saharan Africa and collectively we reach more than 900,000 youth in more than 3,000 schools each year. JA Africa Works in Burkina Faso, Côte d'Ivoire, DRC, Eswatini, Ghana, Kenya, Madagascar, Mauritius, Nigeria, Rwanda, Senegal, South Africa, Tanzania, Uganda, Zambia, and Zimbabwe. Learn more at www.JA-Africa.org.

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47 Players From 10 Countries to Compete in Inaugural Basketball Africa League Kalahari Conference Group Phase Tipping Off Saturday, March 9 in South Africa

Location: Sport
Basketball Africa League (BAL)

Top NBA Academy Africa Prospects Khaman Maluach and Ulrich Chomche Join BAL (www.BAL.NBA.com) Teams As Part of 2024 BAL Elevate Program; Fans Can Watch All Games Live on the NBA App (https://apo-opa.co/4a0Kzz0), NBA.com, BAL.NBA.com and the BAL's YouTube (www.youtube.com/@theBAL) Channel; Games Will Reach Fans in 214 Countries and Territories in 17 Languages; Tickets on Sale Now at BAL.NBA.com and Ticketmaster.co.za for the Games in Pretoria; Fans Can Save Up to 35% On Group Packages

The Basketball Africa League (BAL) today announced the 47 players from 10 countries (https://apo-opa.co/3TnVMnL) across Africa, Europe and the U.S. who will compete in the inaugural Kalahari Conference group phase from Saturday, March 9 – Sunday, March 17 at the SunBet Arena in Pretoria, South Africa, as well as the league's global broadcast distribution for the 2024 BAL season*. 

The fourth BAL season will feature the top 12 club teams (https://apo-opa.co/3TnVMnL) from 12 African countries playing a record 48 games in Pretoria; Cairo, Egypt; Dakar, Senegal; and Kigali, Rwanda, marking the first BAL games in South Africa and the first time the league will play games in four different countries.

The four teams competing in the Kalahari Conference group phase – home team and three-time BAL participant Cape Town Tigers (South Africa), first-time BAL participant Dynamo Basketball Club (Burundi), first-time BAL participant FUS Rabat Basketball (Morocco) and 2022 BAL runner-up Petro de Luanda (Angola) – collectively feature four players with NBA and NBA G League experience, 11 former NCAA Division I players, four NBA Academy Africa prospects, four former Basketball Without Borders (BWB) campers, five players who have participated in the FIBA Basketball World Cup and 13 players with FIBA AfroBasket experience.

Top NBA Academy Africa prospects Khaman Maluach, a native of South Sudan who will play for the City Oilers (Uganda), and Ulrich Chomche, a native of Cameroon who will play for APR (Rwanda), are among the 12 NBA Academy Africa prospects who will compete in the 2024 BAL season as part of the third edition of the BAL Elevate program (https://apo-opa.co/42IkW3v).  Maluach and Chomche previously participated in the 2022 and 2023 BAL seasons.

The 2024 BAL season will reach fans in 214 countries and territories in 17 languages through free-to-air and paid TV broadcast partnerships with the African Union of Broadcasting, American Forces Network (AFN), Canal+, NBA TV, Tencent Video, TSN, TV5 Monde, Visionary TV and Voice of America (VOA), and livestreaming on the NBA App (https://apo-opa.co/4a0Kzz0), NBA.com, BAL.NBA.com and the BAL's YouTube (https://apo-opa.co/43gfoxt) channel. 

In the season opener, FUS Rabat Basketball will face Petro de Luanda at 4:00 p.m. CAT.  In the second game, the Cape Town Tigers will take on Dynamo Basketball Club at 7:00 p.m. CAT.  Tickets for the Kalahari Conference group phase in Pretoria are on sale now at BAL.NBA.com and Ticketmaster.co.za.  Single game tickets for the Kalahari Conference group phase start at 75 ZAR.  Fans can save up to 35% off single game ticket prices for group packages by emailing BalTickets@thebal.com.  Fans who purchase tickets will also have free access to BAL Fan Zones at the arena in each market.

The 12 teams have been divided into three conferences of four teams each.  Each conference will play a 12-game group phase during which each team will face the other three teams in its conference twice.  New this season, the home team in each market will play on every gameday, including on the weekends.  The Nile Conference group phase will take place from Friday, April 19 – Saturday, April 27 at Hassan Mostafa Indoor Sports Complex in Cairo.  The Sahara Conference group phase will take place from Saturday, May 4 – Sunday, May 12 at the Dakar Arena in Dakar.  The top two teams from each conference and the top two third-place teams from across the three conferences will travel to BK Arena in Kigali for four seeding games followed by an eight-game, single-elimination Playoffs and Finals from Friday, May 24 – Saturday, June 1. 

Linked here (https://apo-opa.co/4bYS1MO) please find select Kalahari Conference group phase player and coach storylines, and here (https://apo-opa.co/4c62yps) please find complete details about the 2024 BAL season's global broadcast distribution.  Rosters for the Nile Conference and Sahara Conference group phases will be announced at a later date.

*Rosters are subject to change and will be updated in real-time on the team roster pages on www.BAL.NBA.com

Distributed by APO Group on behalf of Basketball Africa League (BAL).

Download here: 
View Kalahari Conference Group Phase Rosters (https://apo-opa.co/3TnVMnL)
Basketball Africa League Season 4 Hype Video (https://apo-opa.co/3T9WdRj)

Contact:
Edwin Eselem
Basketball Africa League
+221 78 615 42 87
EEselem@theBAL.com

About the BAL:
The Basketball Africa League (BAL), a partnership between the International Basketball Federation (FIBA) and NBA Africa, is a professional league featuring 12 club teams from across Africa that will tip off its fourth season in March 2024.  Headquartered in Dakar, Senegal, the BAL builds on the foundation of club competitions FIBA Africa has organized across the continent and marks the NBA's first collaboration to operate a league outside North America.  Fans can follow the BAL (@theBAL) on Facebook (https://apo-opa.co/3IryMxW), Instagram (https://apo-opa.co/48G8a76), Threads (https://apo-opa.co/49zyG3f), X, and YouTube (https://apo-opa.co/43gfoxt) and register their interest in receiving more information at www.BAL.NBA.com.

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Read more47 Players From 10 Countries to Compete in Inaugural Basketball Africa League Kalahari Conference Group Phase Tipping Off Saturday, March 9 in South Africa

Five recent teams, three recent countries to compete in 2024 Basketball Africa League season tipping off on March 9 in South Africa

Location: Sport
Basketball Africa League (BAL)

Defending BAL Champion Al Ahly (Egypt) Among Seven Teams That Have Competed in the BAL (https://BAL.NBA.com/) Before, Alongside First-Time Participants from Burundi, Central African Republic, Libya, Morocco and Rwanda. Season will Tip Off with First-Ever BAL Game in South Africa Featuring 2022 Runner-Up Petro de Luanda (Angola) Taking on First-Time BAL Participant FUS Rabat Basketball (Morocco) at SunBet Arena in Pretoria at 4:00 p.m. CAT. Tickets on Sale Now at BAL.NBA.com (https://apo-opa.co/49CJjBQ), Ticketmaster.co.za (https://apo-opa.co/4bBotol) (Pretoria, South Africa) and Teewtickets.com (https://apo-opa.co/49yd8Uc) (Dakar, Senegal); Fans Can Save Up to 35% On Group Packages.

The Basketball Africa League (BAL) today announced that five new teams and three new countries are among the 12 club teams from 12 African countries that will compete in the 2024 BAL season (https://apo-opa.co/42IkW3v), which will tip off on Saturday, March 9 at SunBet Arena in Pretoria, South Africa.  The fourth BAL season will feature a record 48 games in Pretoria; Cairo, Egypt; Dakar, Senegal; and Kigali, Rwanda, marking the first BAL games in South Africa and the first time the league will play games in four different countries.

The 12 teams have been divided into three conferences of four teams each.  Seven of the teams have competed in the BAL before, two of which – Petro de Luanda (Angola) and US Monastir (Tunisia) – will be competing for a record fourth season.  Five teams are making their BAL debut, including the first BAL teams from Burundi, Central African Republic and Libya

 KALAHARI

     NILE

                SAHARA

Cape Town Tigers (South Africa)

Al Ahly (Egypt)

Armée Patriotique Rwandaise Basketball (APR; Rwanda)*

Dynamo Basketball Club (Burundi)*

Al Ahly Ly (Libya)*

AS Douanes (Senegal)

FUS Rabat Basketball (Morocco)*

Bangui Sporting Club (Central African Republic)*

Rivers Hoopers (Nigeria)

Petro de Luanda (Angola)

City Oilers (Uganda)

US Monastir (Tunisia)

*First-time BAL participant

Each conference will play a 12-game group phase during which each team will face the other three teams in its conference twice.  New this season, the home team in each market will play on every gameday, including on the weekends.  The inaugural Kalahari Conference group phase will take place from Saturday, March 9 – Sunday, March 17 at the SunBet Arena.  The Nile Conference group phase will take place from Friday, April 19 – Saturday, April 27 at Hassan Mostafa Indoor Sports Complex in Cairo.  The Sahara Conference group phase will take place from Saturday, May 4 – Sunday, May 12 at the Dakar Arena in Dakar.  The top two teams from each conference and the top two third-place teams from across the three conferences will travel to BK Arena in Kigali for four seeding games followed by an eight-game, single-elimination Playoffs and Finals from Friday, May 24 – Saturday, June 1.  

In the season opener, first-time BAL participant FUS Rabat Basketball (Morocco) will face Petro de Luanda at 4:00 p.m. CAT.  In the second game, home team Cape Town Tigers (South Africa) will take on first-time BAL participant Dynamo Basketball Club (Burundi) at 7:00 p.m. CAT.  On the opening day of the Nile Conference, home team Al Ahly (Egypt) will begin its title defense against two-time BAL participant City Oilers (Uganda) at 5:00 p.m. GMT.  The complete game schedule is available at BAL.NBA.com (https://apo-opa.co/3uClvzq).

Tickets for the Kalahari Conference group phase in Pretoria and the Sahara Conference group phase in Dakar are on sale now at BAL.NBA.com (https://apo-opa.co/3HZz0vV), Ticketmaster.co.za (https://apo-opa.co/3uDzIvR) (Pretoria) and Teewtickets.com (https://apo-opa.co/48j6vUR) (Dakar).  Single game tickets start at 75 ZAR for the Kalahari Conference group phase and 2,500 XOF for the Sahara Conference group phase.  Fans can save up to 35% off single game ticket prices for group packages by emailing BalTickets@thebal.com, and up to 20% off single game ticket prices for all games during the Sahara Conference group phase by selecting two, four or all games.  Fans who purchase tickets will also have free access to BAL Fan Zones at the arena in each market.  Ticket sales information for the Nile Conference group phase in Cairo and the Playoffs and Finals Kigali will be announced at a later date. 

Champions from the national leagues in Angola, Egypt, Nigeria, Rwanda, Senegal and Tunisia earned their participation in the 2024 BAL season by winning their respective national leagues.  The remaining six teams, which come from Burundi, Central African Republic, Libya, Morocco, South Africa and Uganda, secured their participation through the Road to the BAL qualifying tournaments (https://apo-opa.co/49Au50l) conducted by FIBA Africa across the continent from October to November 2023.

Rwanda Development Board, NIKE, Jordan Brand and Wilson will return as BAL Foundational Partners.  The league's roster of world-class marketing partners also includes Afreximbank, Hennessy and RwandAir.

Additional information about the 2024 BAL season will be announced in the coming weeks.

BAL Season 4 announcement video (https://apo-opa.co/48gFVf6) (Credit: Basketball Africa League)

Distributed by APO Group on behalf of Basketball Africa League (BAL).

Contact:
Edwin Eselem
Basketball Africa League
+221 78 615 42 87
EEselem@theBAL.com

About the BAL:
The Basketball Africa League (BAL), a partnership between the International Basketball Federation (FIBA) and NBA Africa, is a professional league featuring 12 club teams from across Africa that will tip off its fourth season in March 2024.  Headquartered in Dakar, Senegal, the BAL builds on the foundation of club competitions FIBA Africa has organized across the continent and marks the NBA's first collaboration to operate a league outside North America.  Fans can follow the BAL (@theBAL) on Facebook (https://apo-opa.co/3TQoHlc), Instagram (https://apo-opa.co/3TNa7e0), X (https://apo-opa.co/3OKg9ci), and YouTube (https://apo-opa.co/3twvshm) and register their interest in receiving more information at BAL.NBA.com (https://apo-opa.co/3HE6GiI).

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Read moreFive recent teams, three recent countries to compete in 2024 Basketball Africa League season tipping off on March 9 in South Africa

FIFA Beach Soccer World Cup United Arab Emirates (UAE) 2024 Dubai™: Watch every games live on FIFA+

Location: Sport

FIFA
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FIFA+ (www.FIFA.com) will stream all UAE 2024 Dubai games; Tournament takes place from 15-25 February; Find out how you can follow the action live.

The FIFA Beach Soccer World Cup UAE 2024 Dubai™ kicks off on Thursday 15 February – and the tournament is being streamed live on FIFA+!

Takuya Akaguma, Catarino, Chiky, Edson Hulk, Marco Giordani, the Martins twins, Raoul Mendy, Moslem Mesigar, Walid Mohammad, Ozu Moreira, Lucas Ponzetti, Rodrigo and Heimanu Taiaru are among the stars who are looking to light up the tournament, with this year's edition again set to showcase the very best that the discipline has to offer.

Click here to access FIFA+ (https://apo-opa.co/496Sef7)

All matches will be available on FIFA+ web, the FIFA+ app and connected TV devices. Full details of the territories where FIFA+ live streams and full match replays are accessible can be found below. Two-minute highlights on all matches will also be available.

Territories with FIFA+ live streaming access

Africa

Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cape Verde, Central African Republic, Chad, Comoros, Congo-Brazzaville, Congo-Kinshasa, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, Gambia, Ghana, Guinea-Bissau, Guinea-Conakry, Ivory Coast, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, Togo, Uganda, Zambia, Zimbabwe.

Americas and the Caribbean

Anguilla, Antigua and Barbuda, Aruba, Bahamas, Barbados, Belize, Bermuda, Bonaire Sint Eustatius and Saba, British Virgin Islands, Cayman Islands, Cuba, Curaçao, Dominica, Dominican Republic, Grenada, Guyana, Haiti, Jamaica, Montserrat, Saint Kitts and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname, Trinidad and Tobago, Turks and Caicos Islands, United States Virgin Islands.

Asia

Afghanistan, Bangladesh, Bhutan, Brunei, Cambodia, India, Indonesia, Kazakhstan, Kyrgyzstan, Laos, Malaysia, Maldives, Myanmar, Nepal, Pakistan, Philippines, Singapore, Sri Lanka, Tajikistan, Turkmenistan, Uzbekistan, China PR, Hong Kong, Korea DPR, Korea Republic, Macau, Mongolia, Taiwan, Thailand, Timor-Leste, Vietnam.

Central and South America

Brazil

Europe

Albania, Armenia, Austria, Azerbaijan, Belarus, Belgium, Bosnia and Herzegovina, Bulgaria, Croatia, Cyprus, Czech Republic, Denmark, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, Iceland, Ireland, Israel, Italy, Kosovo, Latvia, Lithuania, Luxembourg, Malta, Moldova, Montenegro, Netherlands, North Macedonia, Norway, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Slovenia, Sweden, Switzerland, Turkey, Ukraine, United Kingdom.

Oceania

American Samoa, Australia, Cook Islands, Federated States of Micronesia, Fiji, French Polynesia, Guam, Kiribat, Marshall Islands, Nauru, New Caledonia, New Zealand, Niue, Northern Mariana Islands, Palau, Papua New Guinea, Samoa, Solomon Islands, Tokelau, Tonga, Tuvalu, Vanuatu, Wallis and Futuna.

Click here (https://apo-opa.co/3Sy1CRK) to visit the FIFA match centre and find out where you can watch the FIFA Beach Soccer World Cup UAE 2024 Dubai™ in your location.

* Territories' live streaming access is subject to change

A full match schedule can be downloaded here (https://apo-opa.co/3UMG3jr).

Tournament tickets are available via https://apo-opa.co/3wk8D1n to purchase.

Visa, Worldwide Partner of FIFA, is the preferred payment method for fans buying tickets for the FIFA Beach Soccer World Cup UAE 2024 Dubai™.

Distributed by APO Group on behalf of FIFA.

Contact for African media: 
AfricanMedia@fifa.org

Read moreFIFA Beach Soccer World Cup United Arab Emirates (UAE) 2024 Dubai™: Watch every games live on FIFA+

African and Asian teams grab the headlines

Location: Sport

FIFA
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No changes in the top ten; CAF and AFC nations are main movers and shakers; Angola and Qatar make biggest strides. 

Although it is a case of as you were amongst the ten teams that lead the way in the latest edition of the FIFA/Coca-Cola Men's World Ranking, there is plenty of movement further down the standings following the matches contested in the CAF Africa Cup of Nations and the AFC Asian Cup.

Indeed, across the two continents, no fewer than six teams have scaled ten places or more.

Amongst the African sides, Côte d'Ivoire (39th, up 10) reap the rewards of their continental triumph on home soil, secured following an eventful tournament campaign. Beaten finalists Nigeria (28th, up 14) make significant strides but are no match for the Angola side they ousted in the last eight (93rd, up 24), who are the biggest climbers in the latest instalment of the global ranking.

In the points stakes, two-time Asian Cup winners Qatar (37th, up 21) chalk up the biggest tally (92.04 points) after capitalising on home comforts to successfully defend their continental crown. Elsewhere, Jordan (70th, up 17), who were edged out by the Maroons in the final, make good ground, as do Thailand (101st, up 12), whose journey came to an end at the last-16 stage.

Qatar's rise sees them enter uncharted territory, with two other teams also recording best-ever rankings. Senegal (17th, up 3), who suffered shoot-out heartbreak at the hands of the eventual winners Cote d'Ivoire in the Africa Cup of Nations round of 16, break new ground, while Tajikistan (99th, up 7) mark their maiden Asian Cup campaign by making a first-ever appearance in the top 100.

Other impressive performers are Equatorial Guinea (79th, up 9), South Africa (58th, up 8), Cabo Verde (65th, up 8), Namibia (107th, up 8) and Mali (47th, up 4).

Click HERE (https://apo-opa.co/3wadjGP) to view the complete ranking 

The next edition of the FIFA/Coca-Cola Men's World Ranking will be published on 4 April.

Leader Argentina (unchanged)
Moves into top 10 None
Moves out of top 10 None
Matches played in total 125 (including 2 in 2023)
Most matches played Congo DR, Côte d'Ivoire, Nigeria (8 matches)
Biggest move by points Qatar (up 92.04 points)
Biggest move by places Angola (up 24 ranks)
Biggest drop by points Vietnam (down 41.00 points)
Biggest drop by places Guinea-Bissau, India (down 15 ranks)
Newly ranked teams None
Teams that are no longer ranked None
Inactive teams that are no longer ranked Eritrea

Distributed by APO Group on behalf of FIFA.

Contact for African media: 
AfricanMedia@fifa.org

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Global Logistics Execs see coming Surge of African Investment

Location: News

Agility
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Nearly 62% of global logistics professionals say their companies are planning additional or first-time investments in Africa, according to a closely watched yearly industry survey.

The survey of 830 logistics executives is part of the 15th annual Agility Emerging Markets Logistics Index (https://apo-opa.co/4bD4lSW), a snapshot of industry sentiment and ranking of the world's 50 leading emerging markets.

The Index ranks countries for overall competitiveness based on their logistics strengths, business climates and digital readiness -- factors that make them attractive to logistics providers, freight forwarders, air and ocean carriers, distributors and investors. In the 2024 Index, the rankings of most African economies changed little from a year earlier, but businesses indicate they are looking ahead at massive population growth and trade expansion spurred by the African Continental Free Trade Area (AfCFTA).   

“This is the most optimism we've seen about Africa in the 15 years of the Index,” says Agility Vice Chairman Tarek Sultan. “Africa's population will double by 2050, when one in four people on the planet will be African. International businesses realize that the time is now for Africa -- they need to invest, establish their brands, and develop the next generation of African talent if they're going to ride the coming wave of growth.”

China and India were 1 and 2 in the 50-country Index rankings. In Africa, Egypt (20), Morocco (22), South Africa (24) and Kenya (25) were the top performers, followed by Ghana (31), Nigeria (36), Tunisia (37), Tanzania (41), Algeria (42), Uganda (43), Ethiopia (45), Mozambique (46), Angola (47), Libya (50).

Egypt has Africa's highest-ranked domestic logistics opportunities -- 13th in that category; South Africa (15) was tops in Africa for international logistics; Morocco (12) has Africa's best business fundamentals; Kenya (9) is Africa's most digitally ready – and the continent's highest-ranked country in any category.

More than 63% of survey respondents say their companies continue overhauling supply chains by spreading production to multiple locations or relocating it to home markets and nearby countries. China, the world's leading producer, stands to be most affected: 37.4% of industry professionals say they plan move production/sourcing out of China or reduce investment there.

Shipping and logistics costs that soared during the COVID pandemic and its aftermath are still climbing but at a slower rate, the survey found. One way shippers expect to cope is by increasing use of digital freight forwarding from 37.8% today to 52% in five years.

2024 Index Highlights

SURVEY

  • Supply chain restructuring – India, Europe and North America rank ahead of China as destinations executives expect to move production to in 2024 and onwards.
  • China – 40% expect their businesses to be less reliant on China in five years. Leading factors in decisions to de-risk in China: difficulty of doing business; U.S.-China trade friction; a slowing economy; the harshness of China's COVID restrictions.
  • Climate change – 66% say climate change is something they're planning for or already affecting their businesses.
  • Emerging markets – the largest percentage sees increased risk/decreased rewards in emerging markets.
  • India – many see India growing in importance as a producer and market, but cite inadequate infrastructure and corruption as the biggest obstacles there.

COUNTRY RANKINGS

  • In the Middle East and North Africa, overall rankings were: UAE (3); Saudi Arabia (6); Qatar (7); Turkey (11); Oman (15); Bahrain (16); Jordan (17); Egypt (20); Kuwait (21); Morocco (22); Tunisia (37); Lebanon (38); Iran (40); Algeria (42); Libya (50).
  • Rankings in Sub-Saharan Africa: South Africa (24); Kenya (25); Ghana (31); Nigeria (36); Tanzania (41); Uganda (43); Ethiopia (45); Mozambique (46); Angola (47).
  • Index rankings in Asia: China (1); India (2); Malaysia (4); Indonesia (5); Vietnam (8); Thailand (10); Philippines (18); Kazakhstan (23); Sri Lanka (26); Pakistan (29); Cambodia (32); Bangladesh (33); Myanmar (49).
  • Rankings for Latin America: Mexico (9); Chile (12); Brazil (14); Uruguay (19); Peru (28); Colombia (27); Argentina (30); Ecuador (35); Paraguay (39); Bolivia (44); Venezuela (48).
  • In Europe: Russia (13); Ukraine (34).

Transport Intelligence (https://apo-opa.co/4bp0Ijf) (Ti), a leading analysis and research firm for the logistics industry, has compiled the Index since it was launched in 2009.

John Manners-Bell, Chief Executive of Ti, said: “Supply chain managers are still coming to terms with the political and economic instability characterising the post-COVID global economy. Geopolitical relationships are changing rapidly, and this is having a major impact on international trade and risk profiles. Businesses need to be alive to the opportunities and threats that exist in emerging markets and use data, such as that the Agility Emerging Market Logistics Index, to inform agile decision-making.”

2024 Agility Emerging Markets Logistics Index: https://apo-opa.co/3SlOmzK

Distributed by APO Group on behalf of Agility.

For more information:
Sabrina Mundy
Man Bites Dog
teamagility@manbitesdog.com
+44 1273 716 820

For more information about Agility, visit:
Website: www.Agility.com
Twitter: https://apo-opa.co/40Ki6Kj
LinkedIn: https://apo-opa.co/49GTqqq
YouTube: https://apo-opa.co/3MNqYJr

About Agility:
Agility is a global leader in supply chain services, infrastructure, and innovation with 45,000+ employees across six continents. A multi-business operator and investor, Agility specializes in growing and scaling operating businesses. Agility's companies include the world's largest aviation services company (Menzies Aviation); a global fuel logistics business (Tristar); the market leader in logistics parks across the Middle East, South Asia, and Africa (Agility Logistics Parks); and a commercial real-estate company developing a mega-mall in the UAE (UPAC). Other Agility companies offer customs digitization services, remote-site infrastructure services, defense and government services, and ecommerce-enablement and digital logistics. Agility invests in supply chain innovation, sustainability, and resilience, and has minority holdings in a growing portfolio of listed and non-listed companies.

Read moreGlobal Logistics Execs see coming Surge of African Investment

Strengthening Macro-fiscal and Budgeting Functions in Southern Africa

Location: News

International Monetary Fund (IMF)
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Being a budget director, or the head of a macro-fiscal unit (MFU) of a ministry of finance, is a demanding job. So, it was an impressive combination of logistical ingenuity and good timing that brought together heads of budget and macro-fiscal functions from 11 Southern African countries for a regional workshop on ‘Strengthening the macro-fiscal function in ministries of finance'. The event was organized by the IMF's Regional Technical Assistance Center for Southern Africa (AFRITAC South). The countries participating were Angola, Botswana, Comoros, Eswatini, Lesotho, Madagascar, Mauritius, Seychelles, South Africa, Zambia, and Zimbabwe.

The objective of the workshop was to equip these senior officials with strategies for effectively managing macro-fiscal functions and integrating these strategies with the budgeting process. It aimed to build networks, share experiences, and identify good practices. Topics discussed included macro-fiscal forecasting and analysis, medium-term fiscal frameworks (MTFFs), efficient organizational arrangements that improve decision-making within finance ministries, nurturing effective working relationships with other stakeholders, and building teams of motivated and capable technical staff.

Whilst each of the 11 countries faces its own unique set of challenges, some common themes emerged:

  • The need to strengthen the analysis and publication of information on fiscal risks.
  • Countries' fiscal objectives are often considered either ineffective, unclear, or entirely missing.
  • Several of the countries are seeking to improve the quality of their MTFFs and, generally, introduce a more strategic approach to fiscal policy-making and annual budgeting.
  • Coordination within the finance ministry and with other ministries (including a planning ministry in some cases) is often difficult.
  • Staff training and high turnover rates are frequently a cause of concern.
  • Whilst many countries can generate good quality policy analysis and advice, communicating that advice to politicians and top management and influencing decisions can be a challenge.

On staff training, the most cited skills gaps relate to problem solving, quantitative analysis and report writing. A few participants shared positive experiences about partnering with local universities to help build skills, making use of free online training for staff and promoting staff development programs as a non-monetary incentive to retain them. The use of training needs questionnaires and staff training plans was also encouraged. Many countries included the need for more formalized staff training plans and including managerial and soft skills development in those plans. 

High levels of staff turnover are a concern for many countries. Coping mechanisms include documenting processes and encouraging ‘twinning' arrangements to minimize situations where only one staff member understands a model or technical process that underlies macroeconomic forecasting and fiscal analysis. Specific induction training and mentoring processes can be useful. An alternative to writing lengthy user manuals (for which there is rarely the time) is to ask staff to record “how to” videos that describe how a forecasting model or other technical process works. These videos can be stored on a private YouTube channel for new staff to watch.

To help improve macro-fiscal and budgeting functions, participants prepared plausible action plans and presented them on the final day of the workshop. Suggestions included:

  • Establishing long-term fiscal frameworks to assess fiscal sustainability based on demographic changes.
  • Introducing clearly defined and monitorable fiscal objectives and targets.
  • Institutionalizing work on fiscal risks and scenario analysis.
  • Using analytical tools to promote evidence-based macro-fiscal policy decision making.
  • Creating Macro Working Groups to improve coordination and information sharing for preparing macro-fiscal forecasts.

Participants committed to maintaining the network with counterparts to continuously exchange knowledge and the sharing of experiences.

Distributed by APO Group on behalf of International Monetary Fund (IMF).

Read moreStrengthening Macro-fiscal and Budgeting Functions in Southern Africa