Africa’s Electric Motorbike Future Can Be Built Locally and Powered by Solar – Our 6,000KM Ride Shows What’s Possible
Research suggests a shift to electric mobility is technically and economically feasible.
Research suggests a shift to electric mobility is technically and economically feasible.
As economic pressure mounts and the cost of living continues to rise, South Africans are seeking new ways to balance their monthly budgets without falling deeper into debt. Within this landscape, Buy Now, Pay Later (BNPL) models are rapidly reshaping how consumers approach spending, offering flexibility and access while encouraging responsible money management.
Industry leaders agree that when used correctly, BNPL can be more than a payment tool; it can be a gateway to financial wellness, empowering consumers to make informed, controlled spending decisions that support long-term stability.
“Financial wellness goes beyond survival,” says Mladen Čolić, Head of Fintech at TransUnion South Africa. “It’s about giving consumers visibility into their financial behaviour and the tools to make better decisions. Responsible BNPL use can play a meaningful role in that journey, helping people manage their cash flow, avoid high cost or unmanageable debt, and build a foundation for long-term financial stability.”
From Financial Stability to Financial Wellness
The most recent TransUnion Q4 2025 Consumer Pulse Study shows that while South African households remain under financial pressure, signs of financial adaptation are emerging. In Q4, 48% of consumers reported that their household finances were better than planned, yet 36% anticipated missing at least one bill or loan repayment, highlighting the continued strain many households face. In response, 51% of consumers reported cutting discretionary spending, while others adjusted budgets and prioritised longer-term financial stability. Within this cautious environment, more consumers are turning to flexible digital credit options like BNPL which, when used responsibly, can offer a manageable form of short-term borrowing to help navigate ongoing affordability pressures.
According to data from Payflex, the South African BNPL market Compound Annual Growth Rate (CAGR) is greater than 80% since 2022, with usage particularly strong in fashion, beauty, and consumer electronics categories. E-commerce platforms continue to drive adoption, and BNPL transactions will account for an estimated R25 billion in annual retail spend by 2026, highlighting its growing role in the formal retail economy.
This shift reflects an evolution in how consumers think about money. Financial stability is about meeting immediate needs, keeping bills paid and food on the table while financial wellness goes further, focusing on sustainable, informed financial behaviours that build confidence and resilience over time.
How BNPL Supports Smarter Spending
BNPL allows consumers to purchase goods or services and repay them over a short, fixed instalment period, typically three or four payments at zero interest when paid on time, offering a structured alternative to other forms of short-term credit. For some consumers, avoiding revolving debt allows them to plan purchases more effectively and smooth out cash flow without the burden of high-interest credit.
“BNPL isn’t about fuelling more debt,” says Tracey-Lee Zürcher-Campbell, Chief Marketing Officer at Payflex. “It’s about giving consumers flexibility and predictability, helping them manage their cash flow responsibly while avoiding the pitfalls of high-interest credit. When used correctly, BNPL can support everyday financial stability and contribute to broader financial wellness.”
She adds that this level of transparency is key to consumer trust: “South Africans are increasingly discerning about the financial tools they use. They want products that help them live better within their means, not overextend them. BNPL works when it’s built around clarity, discipline, and accountability.”
Data, Discipline, and Wealth Creation
Responsible BNPL models, supported by data analytics, affordability checks, and consumer education are essential to keeping the category sustainable. For many, these tools also offer a path toward financial inclusion.
Encouraging on-time repayments and transparent data sharing enables BNPL providers to help consumers build a positive payment history, strengthening their financial reputation over time. “When BNPL data is shared responsibly, every on-time payment becomes a useful indicator of positive financial behaviour,” says Čolić. “These data points help build a more complete view of a consumer’s financial profile, supporting greater access and accountability over time.”
As South Africa looks to expanding regulation to support BNPL, the financial sector is showing growing alignment around the principles of transparency, affordability, and responsible innovation. From credit bureaus and FinTechs to retailers and regulators, the shared goal is to ensure that digital credit tools enhance rather than undermine consumer wellbeing.
“The FinTech industry has a collective responsibility to innovate with purpose,” says Zürcher-Campbell. “That means designing products that empower South Africans to make better financial decisions, not just more transactions. When people understand and control their financial choices, they can move from survival to real wellness.”
There are currently three Afrikaners in Washington who believe there is a unique opportunity for a spectacular reset of relations between South Africa and the United States (US). The full provisional document is attached herewith: Let us Make Critical Minerals the Centerpiece of a New U.S.–South Africa Partnership Agreement As Afrikaners responsible for a multi-million-dollar […]
The post A spectacular reset of relations between South Africa and the US is possible appeared first on Freedom Front Plus.
The Milken Institute (https://apo-opa.co/452va1L) and the Motsepe Foundation are proud to announce the winner of the Milken-Motsepe Prize in FinTech, a $2 million innovation award designed to reward companies working to expand access to capital and financial services for small businesses in emerging and frontier markets. The winner was announced at the Milken Institute Global Conference in Los Angeles.
Verto (https://apo-opa.co/4d7WePf), based in the United Kingdom, won the $1 million Grand Prize for its business-to-business cross-border payments platform, which enables businesses in emerging markets to send and receive payments, eliminating intermediary fees, supporting 49 currencies, and settling transactions quickly.
FinTech is the third prize awarded as part of the Milken–Motsepe Innovation Prize Program, a series of competitive multimillion-dollar global competitions and awards designed to incentivize and reward bold, innovative solutions to address pressing economic and environmental challenges in Africa.
A Rigorous Award Cycle: From Application to Award
Launched in May 2024, the Milken-Motsepe Prize in FinTech attracted more than 3,000 entrepreneurs from 126 countries across six continents. A total of 400 teams applied, with just 10 being selected as semifinalists.
Each team underwent a comprehensive judging process that evaluated five key criteria: affordability and accessibility, ethical and responsible practices, scalability in other markets, the use of cutting-edge technology, and the potential to promote equitable access to financial services.
In December 2024, 10 semifinalists pitched their innovations to investors at the Milken Institute Middle East and Africa Summit in Abu Dhabi. From this group, an expert panel of judges selected three finalists—Chumz, Oze, and Verto—to advance to the final stage of the innovation award at the 2025 Milken Institute Global Conference.
“Across the African continent, technology and innovation are disrupting traditional finance and banking approaches. Investment in this space is profitable and, more importantly, necessary for financial inclusion," said Dr. Precious Moloi-Motsepe, co-founder and CEO of the Motsepe Foundation. "My heartfelt congratulations to the winners and all the finalists for demonstrating feasible and impactful solutions that will drive economic activity and shared prosperity in the global South, while influencing the financial sector all over the world."
Since its launch in 2021, the Milken-Motsepe Innovation Prize Program has awarded over $6 million in funding to more than 50 innovators worldwide. Participating teams have raised nearly 10 times the Grand Prize in additional outside investments, reaching and impacting over 530,000 community members.
The Milken-Motsepe Innovation Prize Program offers free, curated resources and online events not only to award winners but also to nearly 9,000 global entrepreneurs.
New Prize in AI and Manufacturing
The fourth Milken-Motsepe Innovation Prize, which focuses on AI and manufacturing, launched at the 2025 Milken Institute Global Conference. The new $2 million award is designed to recognize established companies driving innovation in Africa's manufacturing sector. Focused on advanced data analytics and artificial intelligence, the prize rewards technological breakthroughs that create long-term economic resilience in the supply chain in Africa.
Registration is open until July 31, 2025.
With $2 million in total prizes, including a $1 million Grand Prize, “AI and Manufacturing” seeks companies that accelerate technological advancements, create jobs, and improve access to essential goods and services for communities across Africa. The award represents an opportunity to support companies leading the next wave of transformative change in manufacturing.
“We have witnessed our prize programs bring forward some of the most visionary thinkers across sectors, from agriculture to financial technology. Now we're excited to see what bold entrepreneurs are doing for the manufacturing sector to harness the power of AI and other advanced technologies to improve the supply chain in Africa,” said Emily Musil, PhD, managing director of environmental and social innovation at the Milken Institute. “Prizes like this have the power to reveal new and better ways to operate in the digital age and shape how we can do better for people and the planet in the new future we are building.”
For more information about the winners and the Milken-Motsepe Innovation Prize Program, visit https://MilkenMotsepePrize.org/.
Distributed by APO Group on behalf of The Milken-Motsepe Innovation Prize Program.
Additional Video Link:
Opening Video: https://apo-opa.co/3GJgJpr
Finalist Video 1 - Chumz: https://apo-opa.co/436rMk6
Finalist Video 2 - Oze: https://apo-opa.co/4md7NsO
Finalist Video 3 - Verto: https://apo-opa.co/3Z9lVZT
Contact:
Paul Guequierre
Email: pguequierre@milkeninstitute.org
Phone: 202-249-6942
ABOUT THE MILKEN INSTITUTE:
The Milken Institute is a nonprofit, nonpartisan think tank focused on accelerating measurable progress on the path to a meaningful life. With a focus on financial, physical, mental, and environmental health, we bring together the best ideas and innovative resourcing to develop blueprints for tackling some of our most critical global issues through the lens of what's pressing now and what's coming next. For more information, visit www.MilkenInstitute.org.
ABOUT THE MOTSEPE FOUNDATION:
The Motsepe Foundation was founded in 1999 by Dr. Patrice Motsepe and his wife, Dr. Precious Moloi-Motsepe. The goal of the Motsepe Foundation is to contribute toward eradicating poverty and to sustainably improve the living conditions and standards of living of poor, unemployed, and marginalized people in South Africa, Africa, and the world. In January 2013, Dr. Motsepe and Dr. Moloi-Motsepe joined the Giving Pledge, which was started by Warren Buffett and Bill and Melinda Gates. Dr. Motsepe and his wife committed to give half of their wealth to the poor and for philanthropic purposes during their lifetime and beyond.
The upcoming African Mining Week (AMW) – Africa's premier gathering for mining stakeholders, scheduled for October 1-3, 2025 in Cape Town – will feature a dedicated Technology Forum. The forum will connect African mining projects with global technology providers and investors, showcasing how digital solutions are transforming resource extraction and redefining the mining value chain.
As African countries scale up mineral production to drive GDP growth, developers are increasingly adopting data analytics and digital tools to boost operational efficiency. U.S.-based startup KoBold Metals, which applies artificial intelligence (AI) to mineral exploration, entered the Democratic Republic of Congo (DRC) in April 2025 to tap into the country's estimated $24 trillion in untapped mineral resources. The DRC – already the world's largest cobalt producer and a key copper supplier – could see its global mining profile rise significantly with KoBold's involvement. In Zambia, the company is advancing the $2 billion Mingomba project, one of the world's most promising untapped copper assets.
Similarly, in Zimbabwe, Caledonia Mining is investing $1.1 million in IT infrastructure upgrades at the Blanket Mine as part of its $41.8 million capital budget. The upgrades include new mine planning software and a digital clocking system to improve labor efficiency, with a goal to increase gold output from 76,656 ounces in 2024 to up to 77,500 ounces in 2025.
In Botswana, Botswana Diamonds is employing AI-driven exploration to expand beyond diamond mining, recently identifying new prospects for copper, silver, cobalt, gold, nickel, zinc and platinum group metals. “During the initial analysis of the big database, it became clear that the AI technology could be used to identify other unknown minerals opportunities – and so it turned out,” said John Teeling, Chairman of Botswana Diamonds.
Meanwhile, South African firms such as Kilken Platinum and Rio Tinto are deploying digital tools to unlock greater operational value. A joint report by Accenture and the World Economic Forum projects that digitalization could unlock up to R213 billion in additional value for South Africa's mining sector by 2026. Technologies such as predictive maintenance, autonomous operations and real-time data monitoring are helping firms streamline processes, reduce downtime and improve safety outcomes.
The Technology Forum at AMW 2025 will feature high-level panels examining how digitalization can optimize infrastructure, enhance safety, predict system failures and support sustainable resource management in a data-driven mining environment. The forum will also provide a platform for mining companies to showcase real-world case studies, exchange knowledge with tech innovators, and explore partnerships that drive long-term value creation.
Distributed by APO Group on behalf of Energy Capital & Power.
About African Mining Week:
African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.
IEC CEO calls for responsible, inclusive approach to e-voting in South Africa
The Electoral Commission of South Africa (IEC) Chief Executive Officer, Sy Mamabolo, has underscored the need for a responsible and inclusive approach to adopting new voting technologies.
The CEO was delivering remarks at the e-Voting Conference in Cape Town on Monday. The IEC is hosting a groundbreaking national dialogue on the future of voting in South Africa from 10 - 12 March 2025, at the Cape Town International Convention Centre.
This three-day conference will launch South Africa's first Green Paper on e-Voting, bringing together voices from across society to shape how South Africans might vote in future elections.
“While digitalisation is becoming more prevalent in our daily lives, we must acknowledge that some portions of our country continue to have limited access to broadband connectivity, particularly in rural areas. In our discussion here, let us not be oblivious that a significant number of South Africans still have limited access to technology.
“Having said so, it is evident that the adoption of new technologies is apposite and necessary. We cannot be oblivious to the ever-present force that drives innovation and exposes us to new possibilities,” Mamabolo said.
The conference, which seeks to shape public policy on e-voting, comes at a time when South Africa is undergoing a digital transformation across various sectors. The Vision 2030 roadmap of South Africa emphasises incorporating technology into business, education and governance.
The country's burgeoning digital ecosystem is distinguished by developments in technology infrastructure driven by public and private sector partnerships.
Mamabolo said the rapid growth of data analytics, artificial intelligence and digital infrastructure has transformed how most industries do business today and how ordinary folk converse.
Global and African E-Voting Experiences
The CEO highlighted that countries such as Estonia, Switzerland, Brazil and India have implemented or tested e-voting systems, while others have paused or abandoned such initiatives due to concerns related to security, costs and reliability.
In Africa, Namibia and the Democratic Republic of Congo have explored e-voting, but challenges have hindered widespread implementation.
Mamabolo noted that some of the common delays or factors halting the implementation of e-voting in many countries are largely related to security concerns and affordability.
As a result, many countries have focused on digitalising aspects of the voting process (such as registration or information access) rather than implementing full-scale electronic voting systems and related technologies for their elections.
“As much as the prospects for experimenting with e-voting systems and technologies can be exciting, we must also approach it with open minds and a sense of responsibility.
“At the forefront of these challenges are questions of security and trust. We remain committed to our mandate to deliver uncompromised elections with utmost integrity, impartiality and accountability,” he said.
Addressing security concerns and digital divide
Mamabolo further stressed that in an era where cyber threats are increasingly prevalent, ensuring the safety and security of an electronic voting system is paramount.
“We must build systems that are resilient, secure, and able to withstand the threats of today and the future,” he said.
Moreover, he urged that the digital divide must be urgently addressed.
“As we indicate, South Africa is a country with varying levels of technological access. While urban areas may have reliable internet and a high rate of technological literacy, rural communities, and impoverished areas still face significant barriers to digital inclusion,” the CEO said.
IEC's Preparedness and Public Engagement
The IEC has already integrated technology into its processes through initiatives such as an online voter registration system, which allows citizens to register or update their details remotely.
“The Electoral Commission is already ahead of the curve when it comes to embracing the advent of technology. The Commission has implemented an online voter registration system that enables new voters to register and existing voters to update or alter their registration from the comfort of their own homes or anywhere. This online registration portal is not constrained by time and space,” the CEO said.
The commission believes that engaging with the public and key stakeholders is essential to ensuring that any transition to e-voting is both transparent and widely accepted.
“As the Commission, we encourage conversations, discussions, and lively debates among South Africans from all walks of life on this matter, as we have seen happening in some social media platforms recently. Such national conversation is essential because elections are a public enterprise that belong to all citizens of our country,” he said.
Prior work conducted on e-voting
As part of its commitment to facilitating informed decision-making, Mamabolo said the Commission always had e-voting in its line of sight, with electronic voting discussions having commenced back in 2013.
The Electoral Commission has carried out several investigations into this subject, aiming to learn from the global experiences of countries that have either successfully or unsuccessfully tried to implement e-voting.
It has explored issues such as available technologies, costs, security/reliability, public trust, existing tech infrastructure in SA and policy options, among others.
It has identified the need for thorough public dialogue/discussions on the feasibility/potential benefits and risks.
The IEC has compiled a Discussion Document based on findings from its 2023 research study on electronic voting, which explored prospects and potential challenges for e-voting in SA.
“The way forward for e-voting to be a viable solution [is that] it must be accessible to all South Africans regardless of their location or socio-economic status. That is why our discussions here must be comprehensive, aiming to address all blind spots and ultimately provide fit-for-purpose solutions for all South Africans,” Mamabolo said.
Looking ahead
The IEC has not yet determined whether e-voting will be proposed to Parliament but aims to lead a comprehensive discussion on its feasibility.
To this end, the commission will launch a series of nationwide workshops and public consultations, gathering insights from citizens and stakeholders. Mamabolo said the feedback will be used to refine the Discussion Document, which could eventually inform a National Green Paper on e-voting.
South Africans are encouraged to participate in the conversation through various platforms, including email submissions, social media engagements, and public discussions.
The public can review the discussion document and provide informed commentary to info@elections.org.za. You can also share your views and experiences through the IEC’s social media @IECSouthAfrica using the #SAeVoting2025. - SAnews.gov.za
DikelediM
Mon, 03/10/2025 - 13:31
232 views
STEM Lab launched at the University of Limpopo
The Minister of Communications and Digital Technologies, Solly Malatsi, has officially opened a state-of-the-art STEM (science, technology, engineering, and mathematics) Lab at the University of Limpopo.
“This STEM Lab represents hope, progress, and opportunity. For the youth in Mamotintane, Ga-Motholo, Mankweng, and surrounding communities, it is a gateway to skills in artificial intelligence, robotics, and data analytics,” Malatsi said on Saturday.
The facility, made possible through strategic partnerships with the National Electronic Media Institute of South Africa (NEMISA), STEMpower, DHL and other key stakeholders, will empower students and the surrounding community with critical digital and STEM-related skills, equipping them for a future driven by technology and innovation.
“For educators, it is a chance to inspire the next generation of innovators. And for the unemployed, it is an opportunity to gain meaningful skills for employment or entrepreneurship.
“This lab is not just a resource for the university but for the entire community. It is proof of what we can achieve when government, academia, and industry work together to create sustainable, scalable solutions for digital inclusion,” the Minister said.
He said STEM forms the backbone of the modern economy, driving technological advancements, innovation, and economic growth.
“By equipping young people with STEM skills, we are preparing them to excel in high-demand fields like artificial intelligence, robotics and data analytics. Let us harness the power of STEM education to build a South Africa where technology serves as a bridge to inclusion and opportunity, ensuring that no one is left behind,” the Minister said.
The lab is part of a broader initiative by the Department of Communications and Digital Technologies to expand access to affordable internet and devices, foster skills development, promote the productive use of technology, and position South Africa as a leading Information and Communications Technology (ICT) investment destination.
The launch in Limpopo is one of several, with similar labs being established at Walter Sisulu University, King Hintsa TVET College, Ehlanzeni TVET College, and the Central University of Technology. -SAnews.gov.za
nosihle
Mon, 12/09/2024 - 12:25
African Peace Magazine UK (https://AfricanPeace.org/) is honoured to announce the distinguished line-up of speakers for the 3rd International African Energy, Oil, and Gas Summit, set to take place from October 23rd to 25th, 2024, at Hilton, Windhoek, Rev. Michael Scott Street, Windhoek, Namibia. This summit brings together some of the most influential leaders, industry experts, and change-makers in the energy sector across Africa. These individuals have significantly shaped their respective industries and will contribute profound insights into Africa's energy future. The Charity Golf Tournament and other Tour activities would commence from the 26th to the 30th of October 2024. The Speakers are;
Hon. Justice Galadima is a revered figure in Nigeria's legal community, having served as a Justice of the Supreme Court of Nigeria. He is known for his unwavering commitment to justice and governance in Africa. As Chairman of African Peace Magazine, Justice Galadima plays a critical role in fostering dialogue around peace, security, and development across the continent.
HRH Sir David Serena-Dokubo Spiff is a prominent traditional leader from Bayelsa State, Nigeria. His deep commitment to the socio-economic advancement of his people and his influence on the region's energy and resource management make him a vital voice at the summit. He actively advocates for responsible management of natural resources in his community.
Dr. Martha Namundjebo-Tilahun is a powerful figure in Namibia's business sector and beyond. As the Chairperson of United Africa Group, she has been a driving force behind several large-scale projects in hospitality, real estate, and renewable energy. Her leadership in advancing Africa's energy landscape and sustainable development strategies is exemplary.
Abiola Metilelu leads PressPayNG, a groundbreaking fintech company that offers education financing solutions. Under his leadership, PressPayNG is bridging the financial gap for students across Nigeria, directly impacting the education and energy sectors by creating a more skilled workforce for the future.
A visionary in Nigeria's oil and gas industry, Dr. Udochu Ogbonnaya is shaping the future of sustainable energy in Africa. As the Executive Director of GEIL, he drives innovation in the extraction and development of energy resources while maintaining a focus on environmental responsibility.
Mrs Amuela is a respected expert in the legal frameworks governing Africa's extractive industries. Her insights into compliance and legal challenges in oil and gas operations have made her a sought-after voice in regulatory discussions. Her work ensures that Africa's natural resources are managed with accountability and transparency.
Mr. Mulunga is a seasoned expert in Namibia's oil and gas industry, having held key leadership roles, including serving as Managing Director of NAMCOR. His deep understanding of petroleum resource management in Namibia and his strategic leadership have had lasting impacts on the country's energy landscape.
Engr. Woke leads NOSDRA, Nigeria's primary agency responsible for monitoring and responding to oil spills. His efforts in promoting environmental sustainability in the face of oil extraction activities have been instrumental in safeguarding Nigeria's ecological future.
Professor Shakwa is a staunch advocate for anti-corruption measures in Africa, having founded the Anti-Corruption Education Consultancy. His work aims to educate and promote transparency, which is critical for sustainable development in Africa's energy sectors.
Tassius Chigariro heads Old Mutual Namibia, a leading financial services company. His strategic expertise in investments and financial management has made Old Mutual a key player in supporting economic growth in Namibia and throughout Africa's energy sectors.
Dr. Tolorunse brings a wealth of knowledge in regulatory frameworks, ensuring Nigeria's midstream and downstream petroleum sectors operate within best practices and international standards. His work strengthens Nigeria's position as a key player in the global energy market.
A legal expert in energy law, Olusegun Ilori has been instrumental in shaping GEIL's business strategy, ensuring compliance with global energy regulations while advocating for sustainable practices.
Engr. Babalola's expertise in engineering and operations has been pivotal to GEIL's success in executing oil and gas projects with a focus on innovation and sustainability.
Alh. Rano is a prominent entrepreneur in Nigeria's oil and gas sector, with his company, A.A. Rano, being a leading player in petroleum marketing and distribution. His business acumen has significantly contributed to Nigeria's energy supply chain.
Prof. Adegbulugbe is a renowned energy expert with a wealth of experience in energy policy and management. As CEO of GEIL, he is at the forefront of pushing Africa towards a greener energy future.
Martin Harris is a leading geoscientist in Namibia, focusing on energy resource exploration and development. His research and contributions have enhanced the understanding of Namibia's geological wealth.
As the traditional ruler of the Kingdom of Kongo, HRM Makitu III is a respected leader who advocates for the preservation and responsible use of natural resources within his kingdom, including energy resources that are key to Angola's economic development.
Engr. Ogunsanya leads Geoplex Drillteq, a company offering cutting-edge drilling solutions for Africa's oil and gas industry. His leadership in innovation has made Geoplex a leader in the sector, offering technological solutions that enhance efficiency. Engr. Wole Ogunsanya is the current Chairman of the Petroleum Technology Association of Nigeria. PETAN is an association of Nigerian Indigenous Technical Oilfield service companies in the upstream and downstream. PETAN is the primary trade and advocacy association of the oil and natural gas industry in Nigeria, representing nearly 100 members involved in various aspects of petroleum.
Tarah Shaanika oversees Namibia Asset Management, a leading investment company in Namibia. His experience in financial management and investment has propelled the company into playing a crucial role in funding energy and infrastructure projects in Namibia.
Aggrey Ashaba is a business leader with deep expertise in the oil, gas, mining, and energy sectors. As General Manager of Alliad in Uganda, he plays a key role in driving the country's energy strategy, focusing on sustainable development.
Williams is a respected business consultant whose firm, Mind Space Consults, provides strategic insights and advisory services in energy and business development across Africa, helping companies navigate complex markets and regulatory environments.
A key player in Nigeria's oil and gas sector, Alh. Saleh Baba Rano has been instrumental in the growth and development of the sector, bringing strategic insights and leadership to discussions around energy in Africa.
Abimbola Okoya is a passionate advocate for education in Africa, founding Basic Education Africa to provide accessible learning opportunities to underserved communities. Her work directly impacts the future of Africa's workforce, particularly in the energy and technology sectors.
Professor Jude Osakwe is a prominent academic and researcher with a focus on Data Governance, Data Analytics, ICT in Education, and ICT for Development (ICT4D). He holds various professional certifications in project management, big data analytics, business intelligence, and digital marketing. His extensive research work and involvement in international conferences make him a vital contributor to discussions on the integration of ICT into development strategies across Africa. Professor Osakwe's dedication to bridging the gap between theory and practical implementation of ICT solutions has positioned him as a respected figure in the academic and business sectors.
M. Jinot Razafimamonjy serves as the Director of Hydrocarbons in Madagascar's Ministry of Energy and Hydrocarbons. His leadership in managing the country's hydrocarbon resources has been instrumental in driving economic growth and ensuring sustainable development in the energy sector. His participation at the summit will provide critical insights into Madagascar's approach to energy management and its vision for the future of its oil and gas industry.
S P Jika Ogbeche holds a senior leadership role within the Nigeria Immigration Service, overseeing the Air Border Division. His extensive experience in managing Nigeria's air borders and contributing to national security efforts will bring a unique perspective to discussions on energy security and the role of governance in the sector.
Engr. Farouk Ahmed is at the helm of Nigeria's NMDPRA, playing a critical role in regulating and ensuring the sustainable development of Nigeria's midstream and downstream petroleum sectors. His leadership has been instrumental in modernizing the regulatory framework, promoting investment, and ensuring energy security in one of Africa's most important energy markets.
Dr. Lloyd C. Williams is an esteemed expert in the fields of energy and sustainability, hailing from the United States. With a distinguished career marked by contributions to both the public and private sectors, Dr. Williams is dedicated to advancing clean energy initiatives and fostering innovation in oil and gas. His global perspective will add invaluable insights into the discussions at the summit.
As the CEO of Old Mutual Namibia, Mr. Tassius Chigariro is a key figure in the financial services sector, driving initiatives that support sustainable investments in energy and infrastructure. His experience in leading one of Africa's most reputable financial institutions positions him as an influential voice in the intersection of energy finance and economic development.
Cydolian Raveloson is the Acting Director General of Madagascar's Hydrocarbons Office, where he plays a pivotal role in managing the country's energy resources. His efforts are focused on ensuring the efficient exploitation and management of Madagascar's oil and gas reserves, contributing to both the nation's economic growth and energy security.
These esteemed speakers join an already impressive lineup, including leading figures from government, academia, and the private sector, all dedicated to advancing Africa's energy future. Their participation is set to elevate the summit's discussions, fostering meaningful collaborations and forward-thinking strategies.
"The diverse group of speakers at the upcoming IAEOG Summit 2024 reflects our heartfelt commitment to inspiring discussions that lead to tangible outcomes. These industry leaders are passionate about finding ways to alleviate poverty, create job opportunities, and enhance our GDP. Together, we envision a transformative event that enlightens the public and fosters collaborative efforts, ultimately driving meaningful change for the betterment of our communities."- Chairman Hon. Justice Suleiman Galadima JSC, CFR, OFR (Rtd.)
Distributed by APO Group on behalf of African Peace Magazine.
For more details on the full list of speakers, agenda and for sponsorship, participation, partnership, Exhibition and speaking opportunities and all other enquiries please contact:
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email: florekharris@africanoilandgassummit.com
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Special Investigating Unit: cracking down on corruption
The Special Investigating Unit (SIU) has closed more than 1900 cases during the 2023/24 financial year.
The unit also handed over 26 comprehensive reports to President Cyril Ramaphosa on the outcomes of investigations.
“These reports include, amongst others, the investigations about the National Lotteries Commission, Passenger Rail Agency of South Africa (PRASA), the Masters' Office, and National Student Financial Aid Scheme (NSFAS). These reports reflect the SIU’s dedication to transparency and accountability in the fight against corruption.
“The SIU has referred evidence for the institution or defence/opposition of civil proceedings worth R4.8 billion. This includes, amongst others, matters regarding R2 billion from Eskom, R834 million from Transnet, R29.1 million from the eThekwini Metropolitan Municipality and R48.4 million from the City of Cape Town,” the unit said in a statement.
The unit has conducted lifestyle audits at PRASA, the Gauteng Office of the Premier, and the Free State Department of Community Safety, Roads, and Transport.
The SIU said it was committed to partnering with other law enforcement agencies to combat corruption.
“The SIU recognises the importance of collaboration in the fight against corruption. In line with the SIU Act, 583 criminal referrals were made to the National Prosecuting Authority, ensuring accountability prosecution of officials, private entities and individuals involved in corrupt activities.
“These referrals reflect the unit’s ongoing efforts to ensure consequences for those who engage in corruption, maladministration and fraud. To ensure accountability for government officials involved in wrongdoing, SIU referred 297 officials to respective state institutions for disciplinary action,” the statement read.
The corruption busting unit is now within the fifth year of its turnaround strategy and has vowed to keep up the fight against criminality.
“[We] remain resolute in our mission to combat corruption, fraud, maladministration and malpractice in the public sector.
“The next five-year strategy will build on the successes of the previous strategy and focus on developing and implementing the National Corruption Prevention Strategy and implementing best practices, including cyber and data analytics, and further business process digitisation programmes,” the statement said. – SAnews.gov.za
NeoB
Tue, 10/15/2024 - 13:13
By Dr Ridwaan Asvat (Director Student Services – Regent Business School) Investing in employee education is no longer just about personal development; it’s a powerful way to advance a company’s goals. HR managers are increasingly tasked with ensuring these investments align with the company’s strategic objectives. By tailoring learning paths to support business strategies, companies …
NBA Africa (www.NBA.com) today announced the 10 startup companies from seven African countries that have been selected to pitch their products to a panel of international industry leaders at a Demo Day at the NBA headquarters in New York City on Wednesday, Sept. 25 as part of “Triple-Double: NBA Africa Startup Accelerator (http://apo-opa.co/47lTICe),” which the league launched in April 2024 to support Africa's technology ecosystem and the next generation of African entrepreneurs.
The panel will then determine the four winning companies that will be awarded financial support and mentorship, including an opportunity to participate in workshops and development programs facilitated by NBA Africa or its partners. Below are the 10 startups that will compete for the four prize-winning spots.
“We have been inspired by the level of talent and creativity from all of the applicants, and we congratulate the 10 deserving finalists who will showcase their innovative solutions at Demo Day later this month,” said NBA Africa CEO Clare Akamanzi. “NBA Africa is committed to supporting the continued growth of startups on the continent, including the four prize-winners whose innovative solutions will further elevate the sport and creative industries in Africa for years to come.”
Operated by ALX Ventures, “Triple-Double: NBA Africa Startup Accelerator” was open to early-stage startups in Africa that develop solutions in event management and ticketing, youth development, AI, and digital marketing. The initiative will support Africa's tech ecosystem and the next generation of African tech entrepreneurs by providing them with access to mentorship and capital that will help drive growth in the sports and creative industries.
The four prize-winning startups will be announced at Demo Day.
Video (http://apo-opa.co/4d2bY4w): Triple-Double: NBA Africa Startup Accelerator Reveals 10 Finalists for Demo Day
Distributed by APO Group on behalf of National Basketball Association (NBA).
Contact:
Pawel Weszka
NBA Africa Communications
pweszka@nba.com
+27 10 0072666
About NBA Africa:
NBA Africa is an affiliate of the National Basketball Association (NBA), a global sports and media organization with the mission to inspire and connect people everywhere through the power of basketball. NBA Africa conducts the league's business in Africa, including the Basketball Africa League (BAL), and has opened subsidiary offices in Cairo, Egypt; Dakar, Senegal; Johannesburg, South Africa; Lagos, Nigeria; and Nairobi, Kenya. The league's efforts on the continent have focused on increasing access to basketball and the NBA through youth and elite development, social responsibility, media distribution, corporate partnerships, NBA Africa Games, NBA Stores, the BAL, and more.
NBA games and programming are available in all 54 African countries, and the NBA has hosted three sold-out exhibition games on the continent since 2015. The BAL, a partnership between the International Basketball Federation (FIBA) and NBA Africa, is a professional league featuring 12 club teams from across Africa that concluded its fourth season in June 2024. Fans can follow @ NBA_Africa and @ theBAL on Facebook, Instagram, X and YouTube
By Arnaud Bouraima, Deputy Chief Commercial Officer, Webb Fontaine (https://WebbFontaine.com/).
In the face of mounting global environmental challenges such as climate change, biodiversity loss, and pollution, and increasing focus on environmental, social and governance (ESG) awareness, sustainable trade practices and supply chains have the potential to radically transform Africa's economic future.
From green logistics to fair trade and circular economy principles, sustainable trade practices have a significant positive impact on global and local trade. In addition to environmental benefits, they enhance market competitiveness and open access to new markets that value a commitment to sustainability.
However, the transition to eco-friendly and sustainable supply chains is reliant on several factors, not least a significant investment in the infrastructure and technology needed to streamline port and customs operations and ensure a smooth entry of goods into the country in question. An understanding of the importance of digital transformation by governments and regulatory bodies is also a key factor in adopting digital solutions over more traditional manual systems.
African countries that understand and embrace these requirements are well on their way to laying the groundwork for sustainable trade practices.
As an example, the port of Cotonou in the West African country of Benin handles an average of 80 to 90 merchant vessels monthly. According to the African Development Bank (https://apo-opa.co/3MF9Kxi), Cotonou deals with 90 percent of the country's international trade, serving up to 100 million consumers. In 2022, the port handled 12.5 million tonnes of goods, a figure that is predicted to almost double by 2038, reaching 23 million tonnes.
In a gesture of confidence, the recent extension of an €80 million loan (https://apo-opa.co/3MF9Kxi) by the African Development Bank for significant infrastructure upgrades will expand the port's operations even further. Yet despite the vast and complicated operations of one of Africa's busiest ports, Benin has jumped to 66th place on the World Bank's Logistics Performance Index (https://LPI.WorldBank.org/), an astonishing leap of approximately 100 places in just under a decade, positioning the country as West Africa's key trade hub.
But this wasn't always the case. High shipping costs, low efficiency, and poor logistical facilities threatened to stifle any hopes the port had of becoming a key trade route, despite the fact that the country is a crucial transit route for West Africa, connecting millions of people in the landlocked countries of Niger, Mali, Burkina Faso, Chad, and the northern regions of Nigeria.
Technology is revolutionising trade practices
The solution? Leveraging technology to break through the complexities, inefficiencies, and obstacles impeding effective trade, and transform Benin into an economically competitive trade hub.
This is a story that replicates itself in trade ports along Africa's entire coastline. Operators and customs entities are constantly looking for ways in which to alleviate the backlogs and delays caused by the high volumes flowing through these trade entry points, and digitisation, along with improved physical infrastructure, is proving to be an extremely effective solution. Partnerships and collaborations with specialist service providers hold the key to success.
The Webb Fontaine and Benin story
Backtracking from the current situation, and highlighting the importance of long-term public-private collaborations in modernising and streamlining trade landscapes, Webb Fontaine started working with Benin's Ministry of Finance and Benin Control in 2017. Implementing a suite of innovative solutions including Webb Single Window, Webb Transit Tracking, Webb Valuation, Webb Ports, and Webb Customs, we are proud to be playing a pivotal role in transforming trade in the country.
Webb Single Window has been a game changer. It forms the basis of GUCE Benin, a digital platform with over 6,500 users in the logistics chain that facilitates import, export, and transit operations, and incorporates electronic payment via Paylican, Webb Fontaine's official payments partner. Webb Single Window has also automated the processing of key administrative operations like issuing licenses and authorisations, overseeing currency exchange operations, managing exemptions, and communicating with tax services.
In practical terms, this means streamlining the process needed to get containers out of the port. Digitising processes to create efficiencies, using new technologies such as artificial intelligence (AI), reduces the time spent on clearance of goods, for both customs brokers and administrators. Benin now ranks as West Africa's top port and holds the third-highest rating in Africa behind Egypt and South Africa. Release times have been reduced by 30%, with a remarkable 50% of containers being released within only two days.
Along with operational efficiency at the ports themselves, economic growth is a key benefit. From digital skills development to higher revenues as a result of streamlined operations, technology is playing a crucial role. For example, reducing the clearance time from 47 days to only a few days allows for more cycles of importation, increasing tax revenue and creating a healthy economic cycle. This also attracts foreign direct investment, making the port more attractive for investors and traders.
However, the use of technology in port operations is just one aspect in a larger framework of sustainable trade. The resultant benefits, such as automated systems and data analytics have the potential to lead to more efficient operations, reduced emissions, and less waste, which are all key components of sustainable trade practices. For instance, quicker turnaround times not only reduce the carbon footprint of shipping and logistics operations, but they also reduce the need for extended storage, in turn decreasing energy consumption and waste.
Is Africa ready for sustainable and eco-friendly supply chains?
Despite the challenges faced by African countries, many are making great strides. Togo's new container platform, Nigeria's planned green port, Liberia's green economy reforms – all are notable examples. Yet much still needs to be done to fully embrace the digital transformation journey, while at the same time addressing issues like infrastructure development.
All stakeholders have a role to play in implementing sustainable and eco-friendly trade practices and policies. African governments, for instance, can make a commitment to investing the funds and resources needed to create infrastructure that will support both trade and digital advancements, as well as support sustainability initiatives. The African Continental Free Trade Area can play a crucial role in developing a standardised approach to these issues, based on learnings from other countries on the continent.
Africa is a continent that has immense potential when it comes to creating and maintaining sustainable trade practices that will drive economic growth. The continent's success stories demonstrate this, and serve as a call to governments, industry stakeholders, policymakers and the private sector to work together to find tangible solutions that will promote further growth and development. Webb Fontaine is already playing a crucial role in supporting Africa's governments on their trade facilitation journeys, with specialised port technology that is securing customs revenue, mitigating trade fraud, and streamlining clearance times. In the same way, when all stakeholders collaborate and contribute to improvements in their respective areas, Africa's economies will reap the collective rewards.
Distributed by APO Group on behalf of Webb Fontaine.
An impressive 21 used car searches took place every second in South Africa during the first half of 2024. This is one of many fascinating insights to emerge from the 2024 AutoTrader Mid-Year Car Industry Report. The theme of this year’s report is #RethinkAutoSales, and – as George Mienie, CEO of AutoTrader, explains – traditional …
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New Police Minister outlines priorities
Police Minister Senzo Mchunu says the seventh administration will act decisively to bring the high level of crime in the country, under control.
“It is our view and understanding that tough measures may need to be taken to reduce crime where necessary,” Mchunu said, addressing the media in Pretoria on Monday on the Ministry’s priorities, following the establishment of the Government of National Unity after the General Elections.
“We are honoured and humbled to have been given the enormous responsibility of ensuring that South Africans are safe and feel safer.
“We have spent the first week in office meeting with the executive management, provincial commissioners and divisional heads of the South African Police Service. We have done this to ensure that we have a broad understanding of the portfolio, including the challenges and opportunities, so that we can map out the priorities and urgent tasks at hand,” said the Minister.
He said he had benefited from briefings from the Directorate for Priority Crime Investigation (the Hawks), the Independent Police Investigative Directorate (IPID), the Private Security Industry Regulatory Authority (PSiRA) and the Civilian Secretariat for the Police Service as well as various organisations and institutions within the security arena.
“The crime levels in the country are on the increase and are intolerable. We need to act decisively and bring this under control.
“The levels and type of crime differ from one province to the other. We need to take this into account as we implement the integrated National Crime Prevention Strategy,” said the Minister.
Currently, the leading crimes in the country are contact crimes such as murders and rape, as well as hijackings and kidnappings for ransom payments.
“The killing of women and children also continues to be cause for serious concern and warrants intensive action from law enforcement. Our mission is clear - our country must be safe for all citizens. People all over South Africa must be able to move around at any time without fear of marauding criminals.
“Gang violence is also on the rise, noticeably in the Western Cape. The situation must be brought under control so that children in the Cape Flats, Khayelitsha (Site C), parts of Nelson Mandela Bay and parts of Gauteng can be able to play in the streets without fear of being hit by stray bullets,” he said.
Mchunu said as the police, they take the issue of “construction mafias” in the country very seriously.
“This trend is associated with destructive activities which disrupt construction and infrastructure development which our country urgently requires.
“Genuine quests for economic transformation can be handled through the correct channels and by using existing policy prescripts, without resorting to hijacking construction sites and using extortion to source business. This matter will continue to receive priority attention,” the Minister said.
Police will prioritise the amendments to the South African Police Service Act as it is outdated, still making incorrect references to the 1993 Interim Constitution.
“It needs to be in line with modern day crime fighting and prevention demands. We will also finalise the National Policy on Policing. It must take into account provincial needs and priorities,” Mchunu said.
He said there was an urgent need to professionalise the SAPS and instill positive ethical values, patriotism and the understanding that the primary duty of a police officer is to always serve and protect the public.
“Uprooting corruption and removing corrupt police officers from SAPS will remain a top priority. Misconduct by SAPS members will not be tolerated and action will be taken.
“We want to change the negative perceptions of our police officers. People must respect police officers; have confidence in them and feel safe in their midst. Professionalism in the work of police is also part of the police protection mechanism.
“Our police officers need to work in a conducive environment. We are committed to ensuring that our police stations are well-resourced. We have to provide the necessary tools and vehicles to serve our communities effectively,” he said.
According to Mchunu, over the past two years, over 20 000 new police officers have been trained.
“We will strive to continue bolstering capacity and to enhance police training. A police officer must attend regular refresher courses to stay operationally ready. We will also strengthen some existing units within the police force,” he said.
With regard to the use of technology in the police service, Mchunu said the integration of technology in police services is crucial for enhancing the efficiency, effectiveness and overall capability of law enforcement.
“We will prioritise the roll out of new technologies to detect and deter crimes. Advanced technologies such as data analytics, artificial intelligence, surveillance systems, and digital communication tools enable police to better predict, prevent, and respond to criminal activities.
“These tools provide officers with real-time information, improve decision-making, and facilitate faster, more accurate investigations. Technology also enhances transparency and accountability and fosters greater public trust.
“We will benchmark against other successful law enforcement agencies worldwide and endeavour to bring SAPS on par with the best in terms of technology and operational efficiency,” Mchunu said. – SAnews.gov.za
Edwin
Mon, 07/15/2024 - 12:06
Mchunu sets sights on stronger, trusted police force
By Sinovuyo Mfiki
South Africa's new Police Minister, Senzo Mchunu, has outlined a bold agenda aimed at improving the country's law enforcement agencies.
Mchunu addressed the media in Pretoria on Monday on the Ministry’s priorities, following the establishment of the Government of National Unity after the General Elections.
Vowing to tackle crime, restore public trust and improve the effectiveness of the police force, the Minister said he was honoured and humbled to have been given the “enormous responsibility” of ensuring that South Africans are safe and feel safer.
Mchunu said he would implement careful measures to reduce corruption within the ranks of the police and ensure strict faithfulness to ethical standards and accountability mechanisms.
“The crime levels in the country are on the increase and are intolerable. We need to act decisively and bring this under control.
“This scenario also requires that we think about what management system is needed overall within the police service, which will enable us to respond effectively to the serious challenge we face. It is our view and understanding that tough measures may need to be taken to reduce crime where necessary.”
He said central to the strategy is the urgent need to professionalise the SAPS and instil positive ethical values, patriotism and the understanding that the primary duty of a police officer is to always serve and protect the public.
“Uprooting corruption and removing corrupt police officers from SAPS will remain a top priority. Misconduct by SAPS members will not be tolerated and action will be taken.
“We want to change the negative perceptions of our police officers. People must respect police officers, have confidence in them and feel safe in their midst. Professionalism in the work of police is also part of police protection mechanism,” said the Minister.
Mchunu said in order to do their work police officers need to work in a conducive environment.
The department was committed to ensuring that police stations are well-resourced and have the necessary tools and vehicles to serve communities effectively.
“Police officer must attend regular refresher courses to stay operationally ready. We will also strengthen some existing units within the police force.”
Mchunu said there were plans to update the South African Police Service Act and finalise the National Policy on Policing.
The integration of technologies in police services, Mchunu said, is crucial to enhance the efficiency, effectiveness and overall capability of law enforcement.
“Advanced technologies such as data analytics, artificial intelligence, surveillance systems, and digital communication tools enable police to better predict, prevent, and respond to criminal activities,” said the Minister.
He explained that these tools provide officers with real-time information, improve decision-making, and facilitate faster, more accurate investigations.
“Technology also enhances transparency and accountability and fosters greater public trust. We will benchmark against other successful law enforcement agencies worldwide and endeavour to bring SAPS on par with the best in terms of technology and operational efficiency.” – SAnews.gov.za
Janine
Mon, 07/15/2024 - 15:30
The rise of the Fintech industry and cloud technology has changed the way in which we do business. Gone are the days of disjointed and disconnected technology platforms that are unable to talk to each other and lack real-time reporting capabilities. The Fintech, automation and digital landscape has exploded, with a number of cutting-edge technologies and software …
SIU collaborates to continue fight against corruption through data analytics
The Special Investigating Unit (SIU) has strengthened its hand to fight corruption through data analytics.
This as the unit has joined forces – through memoranda of understanding – with the Gordon Institute of Business Science (GIBS) Anti-Corruption Coalition (ACC), the Transparency, Integrity, and Accountability Programme (TIP) of the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH.
SIU head, Advocate Andy Mothibi, explained how the partnerships pave the way for the unit to sharpen its tools against corruption.
“Through these partnerships, the SIU will embark on statistical research efforts, proactive strengths and risk exposures, sector-based data analysis, awareness and advisory initiatives, capacity building, and integrating data analytics and predictive analysis into the institutions’ risk management systems,” he said.
He added that the unit must take the lead in fighting the scourge of corruption by making it increasingly difficult for criminals to have their way.
“To achieve this, the SIU must direct strategic decision-making processes and drive prevention activities through data analysis. This will provide the SIU with a competitive market advantage and long-term sustainability,” Mothibi said.
The unit stated that the memoranda of understandings signed with the institutions are part of the SIU’s drive to halt corruption through a “whole of society approach”.
“These MoUs are also part of the SIU’s implementation of the National Anti-Corruption Strategy, in particular, the whole-of-society approach, which is an integrated approach to the fight against corruption and calls on all sectors to participate in the fight against corruption and encourages collaboration between government, the private sector and civil society as one of the fundamentals of the strategy.
“Through these collaboration agreements, the SIU seeks to ensure that its anti-corruption tools are advanced and enable the SIU to move towards the prevention of corruption. The SIU plans to publish sector data intelligence and use a prevention, advisory, and awareness capacity to advise stakeholders on systemic measures to proactively identify and prevent maladministration, fraud, and corruption,” the unit concluded. – SAnews.gov.za
NeoB
Tue, 07/02/2024 - 10:55
Can tracking mouse footprints give clues to climate change? Yves Vanderhaeghen speaks to the founders of WildTrack, which is pioneering technology in South Africa to track small mammals so they can tell us about disruptions to ecosystems. Is it a mouse? A shrew? A rat? We can read a lot into the pawprints of small …
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