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Unlocking Africa’s $180 Billion Digital Trade Economy

Location: Business
dmg Nigeria events

The future of African trade is digital, and it's unfolding. From Dakar to Durban, a quiet but steady transformation is taking shape. According to the United Nations Conference on Trade and Development (UNCTAD), global trade hit a record $33 trillion in 2024, with developing economies, including Africa, playing a growing role in that expansion.

The African Free Continental Trade Area offers the largest free market, including 55 countries, a population of 1.3 billion and a combined GDP of $3.4 trillion. The opportunities are vast, yet the strategies required for industrial players to source, move and manage raw materials and finished goods remain a challenge.

“The continent's digital economy is projected to reach $180 billion by 2025, up from $115 billion in 2020, thus contributing significantly to Africa's GDP, creating new job opportunities, and expanding regional trade. Digital trade is transforming the continent's economic landscape, creating new opportunities for real economic growth, productive job creation, and poverty reduction.” H.E. Dr Jumoke Oduwole, Minister, Federal Ministry of Industry, Trade & Investment

“Building on this rapid expansion, our focus must shift from isolated digital initiatives to a fully integrated ecosystem that streamlines every step of trade—sourcing, supplying, logistics and payments. By integrating these functionalities on a single platform, Matta enables manufacturers to navigate sourcing headaches and suppliers to manage cross-border complexities with confidence and unlocks new markets in Africa in real time. This holistic approach is what will transform digital trade's potential into tangible, inclusive economic growth across Africa.” Mudiaga Mowoe, Founder and Chief Executive Officer, Matta.

Launched to enable sustainable African economies, Matta's integrated ecosystem—today powered by the Matta digital marketplace (www.Matta.Trade) and the Flux logistics management tool, with Oxide Finance (Matta's upcoming trade-financing and cross-border payments platform) arriving soon—empowers manufacturers and suppliers across food & beverage, home & personal care, paints & coatings, agro-processing, automotive assembly, textiles, construction, and beyond with truly end-to-end sourcing, movement, and settlement. Rather than supplanting traditional trade networks, this unified platform amplifies human partnerships through real-time visibility, traceability, and seamless transactions.

This evolution in digital trade and industrial growth is one of the key conversations that will take centre stage at the West Africa Industrialisation, Manufacturing & Trade (West Africa IMT) Summit and Exhibition, set to take place from October 21-23, 2025. West Africa IMT is a high-level platform for government leaders, investors, manufacturers, and technology innovators to align practical solutions and policy frameworks for accelerating Africa's industrial transformation.

Matta, Africa's integrated ecosystem for industrial trade, will join other industry stakeholders across the continent at West Africa IMT 2025 to discuss the potential opportunities for industrial growth in the West African sub-region. As manufacturers increasingly seek more innovative, more efficient ways to power production beyond physical infrastructure and policy support, there's an urgent need for systems that simplify sourcing, enhance transparency, and ensure supply chain reliability. Matta addresses these challenges by connecting African manufacturers directly to verified suppliers of raw materials and commodities, ensuring business continuity in an environment where procurement bottlenecks often slow production timelines.

Digital platforms address multiple challenges simultaneously: procurement complexities, logistics coordination, payment processing, and data-based planning. By integrating these capabilities into industrial operations, West African economies can accelerate development timelines and establish competitive manufacturing centres that participate effectively in global markets.

As African nations chart independent economic paths, digital trade platforms like Matta will significantly influence how quickly and effectively new industrial capabilities develop. The transformation in African trade is already underway, with effects that will continue to reshape economic relationships for years to come.

West Africa Industrialisation, Manufacturing & Trade Summit & Exhibition

21-23 October 2025 I Landmark Centre | Lagos | Nigeria

Distributed by APO Group on behalf of dmg Nigeria events.

Contact Details:
Roshan Jan-Mahomed
Head of Marketing – Africa
Email: info@westafricaimt.com
www.WestAfricaIMT.com

About the West Africa Industrialisation, Manufacturing & Trade Summit and Exhibition 2025:
The Pre-eminent Global Gathering Driving West Africa's Industrial Revolution

The West Africa Industrialisation, Manufacturing and Trade (West Africa IMT) Summit and Exhibition will unite the industrialisation ecosystem, including energy, finance, infrastructure, manufacturing, raw materials, logistics/supply chain, technology, trade and security, to accelerate a sustainable industrial revolution for West Africa. As governments across the region have declared industrialisation as a key priority, the Strategic Summit will feature the visions from Heads of government seeking public–private partnerships to drive industrial revolution across the region. Decisive action is at the core of the agenda, providing solutions for sustainable resource valorisation and opening up trade pathways for economic development and prosperity.

Participation is expected from across the global industrialisation value chain including the following industries: Aerospace, Agriculture, Automotive, Chemicals, Construction, Energy & Utilities, FCMG, Heavy Industries, ICT & Electronics, Infrastructure, Logistics & Transportation, Machine & Equipment, Maritime, Medical, Mining, Plastics & Rubber, Pharmaceuticals, Retail, Technology Solution Providers, Textiles, Water & Utilities.

●        15+ African ministers

●        25+ countries represented from around the globe

●        70+ expert industry speakers

●        250+ exhibiting companies

●        500+ conference delegates

●        2,500+ attendees

About dmg Nigeria events:
dmg Nigeria events is a subsidiary of dmg events. dmg events is a wholly owned subsidiary of the Daily Mail and General Trust plc (DMGT), an international portfolio of information, media and events businesses.

DMGT manages a diverse, multinational portfolio of companies, with total revenues of around £1 billion, that provide businesses and consumers with compelling information, analysis, insight, events, news and entertainment. Its venture capital business, dmg ventures, holds minority stakes in early-stage businesses and focuses particularly on disruptive consumer media propositions.

Headquartered in Dubai, UAE since 1989 with offices in Canada, Egypt, Nigeria, Saudi Arabia, Singapore, South Africa, Thailand and the UK. dmg events is an international exhibition, conference and intelligence company, attracting more than 1,000,000 attendees to a portfolio of over 80 events each year.

This global portfolio works closely with key stakeholders across the industry to facilitate pragmatic dialogue, serving as a platform for the latest discussions at the forefront of change.

For more information on dmg events, visit: www.dmgevents.com

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Funding skills training programmes critical for service delivery

Location: News

Funding skills training programmes critical for service delivery

The Deputy Minister of Water and Sanitation, Sello Seitlholo, has emphasised the importance of funding skills training programmes in the water sector to improve service delivery at municipal level.

“We must continue to make every effort to fund, support and incentivise such programmes to ensure that we harness the skills we need to improve the state of our municipalities,” Seitlholo said on Saturday.

The Deputy Minister was addressing the five-year celebration of the Young Engineers Changemakers Programme (YECP) organised by Water Research Commission (WRC) in partnership with the Department of Science, Innovation and Technology.

The YECP was launched five years ago to empower a new generation of municipal engineers in efforts to contribute to sustainable service delivery.

It also provides opportunities for young South African engineers to partake in testing potential innovative water and sanitation solutions in real world sites and to gain the necessary skills required to drive municipalities of the future which are sustainable, liveable and builds socio-technical infrastructure and services.

To date, 50 young engineers from 21 municipalities around the country have been trained over the last five years.

The Deputy Minister congratulated the young engineers and reminded them that their core purpose was to make a positive contribution in arresting the decline of engineering skills in the municipalities. 

“We meet here to celebrate both the milestone of this important programme as well as to take stock of its potential and future in helping us address the challenges which threaten to cripple our democracy. We cannot fix South Africa without fixing municipalities. 

“For us to fix municipalities, requisite skills and capacity should be taken into consideration and should be prioritised. It is for this reason that we should acknowledge the joint efforts by the WRC and Department of Science, Innovation and Technology to empower the engineers,” Seitlholo said.

He said a cause of failing infrastructure was a lack of capacity and skills in municipalities, particularly engineering skills. 

The Deputy Minister highlighted that municipal water and sanitation services are deteriorating, as it was revealed by the recent Green Drop, Blue Drop and No Drop assessment reports released by the Department of Water and Sanitation. 

Sixty four out of 144 Water Services Authorities (WSAs) scored ‘critical’ on average across their water supply systems and/or wastewater systems in the 2023 Blue Drop and 2022 Green Drop assessments. 

“This is a bleak sign that municipalities, constituting a majority of WSAs, are in crisis. If the state of governance in municipalities does not improve and we do not capacitate municipalities with skilled engineers and planners, we will face a crippling water crisis. And unlike with our electricity crisis, water is a resource that cannot be replaced,” he said.

The Deputy Minister said the YEPC was a positive initiative that will help turn things around as municipalities are in dire need of capacity and skills. 

He said the department and other sector role players will continue to provide targeted support to local government through various support and intervention programmes aimed at improving water services. - SAnews.gov.za

 

nosihle
Sun, 05/18/2025 - 13:12

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Colder weather expected next week

Location: News

Colder weather expected next week

South Africans can brace themselves for cold weather conditions in the new week as two cold frontal systems are expected to develop from Monday until Friday.

According to the South African Weather Service (SAWS), the two cold frontal systems are expected to develop from 19 until 23 May 2025 with a high likelihood of disrupting the current mild to warm weather conditions that has been prevailing for some days.

“On Monday, 19 May, a cold front will make landfall over the south-western parts of the country, resulting in wet, cold, and windy conditions over the western parts of the Western Cape. While this system will not be intense, it serves as a precursor to the more significant weather system that will follow the next day.

“On Tuesday, 20 May, the above-mentioned weather conditions will spread to the east, affecting the Namakwa District of the Northern Cape and the Eastern Cape,” the weather service said.

This continued impact of the weather conditions will be due to a well-developed cold front, resulting in isolated to scattered showers and rain. 

Rainfall accumulations are expected to range between 15 to 25 mm, with a possibility of reaching 30 to 50 mm in mountainous areas.

“The persistent and continuous rainy conditions may lead to localised floods, particularly in areas with poor drainage and low-lying regions. Strong and gusty westerly to north-westerly winds, with wind speeds averaging between 55 and 65 km/h, are expected across the Western Cape, Northern Cape, and the Eastern Cape more especially over the interior.

“Possible impacts might result in outdoor activities being disrupted with a high likelihood of localised damage to infrastructure, uprooted trees, increased traveling time on the roads, problems for high sided vehicles, especially along the national routes through the provinces as well as disruptions to power lines,” SAWS said.

For maritime operators and coastal residents, westerly to north-westerly gale-force winds (65-75 km/h) are expected along the coastline, particularly from Alexander Bay through to Plettenberg Bay. 

These high winds will result in very rough seas on Tuesday and Wednesday, leading to sea conditions that could impact small vessels and coastal activities. 

There is also a possibility of abnormal waves along the south-eastern coast, with wave heights of 5 metres to 6.5 metres, occasionally peaking at 7 metres, with a 10 seconds wave period on Wednesday.

“In addition, freezing levels are expected to drop considerably, creating conditions favourable for some snowfall over high-lying areas and a general drop in temperatures. These very cold conditions are expected to spread to the central and the eastern parts of the country from Tuesday late evening, persisting until Friday morning, 23 May 2025,” SAWS said.

The weather service will continue to monitor any further developments relating to the weather systems and will issue subsequent updates as required. 

Updates may be followed on X (@SAWeatherServic), Facebook (South African Weather Service) or other SAWS-supported social media platforms. - SAnews.gov.za

nosihle
Sun, 05/18/2025 - 12:10

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Rating agency maintains SA’s debt rating

Location: News

Rating agency maintains SA’s debt rating

Government has noted rating agency Standard and Poor’s (S&P) decision to affirm South Africa’s long-term foreign and local currency debt ratings at ‘BB-’ and ‘BB’, respectively, and maintain the positive outlook.

S&P said the ratings on South Africa benefit from the country's sizable and sophisticated financial system that provides a deep funding base for the government. 

The country also has relatively strong institutions, with good checks and balances, particularly its central bank. 

However, S&P said the ratings are constrained by relatively low Gross Domestic Product (GDP) per capita and low GDP growth rates, as well as sizable fiscal deficits and high government debt.

According to S&P, despite the re-tabling of the Budget and the likely removal of VAT, fiscal consolidation is planned to continue throughout the forecast period, and fiscal financing benefits from access to deep domestic markets and an actively traded currency.

“Government’s growth strategy will continue to focus on maintaining macroeconomic stability to reduce living costs and grow investment, executing reforms to promote a more dynamic economy, building state capability in core functions and supporting growth-enhancing public infrastructure investment.

“The fiscal strategy continues to strike a balance between stabilising the public finances, reducing risks in the fiscal framework, encouraging economic growth and supporting low income and vulnerable households,” National Treasury said. - SAnews.gov.za

nosihle
Sun, 05/18/2025 - 10:26

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Concern raised over Lesotho Water Project non-compliance

Location: News

Concern raised over Lesotho Water Project non-compliance

Water and Sanitation Minister Pemmy Majodina has expressed concern over wastewater management non-compliance by a contractor involved in the Lesotho Highlands Water Project Phase 2 (LHWP2) which is currently under construction in Lesotho.

This comes after the reports that contractor responsible for the construction of the Polihali Transfer Tunnel, Kopano Ke Matla (KKM), failed to adhere to regulations governing effluent discharge.

In light of this, the Department of Water and Sanitation convened an urgent meeting on Wednesday, with South Africa’s delegation to the Lesotho Highlands Water Commission (LHWC) and the Trans-Caledon Tunnel Authority (TCTA), to receive a full briefing on the matter.
The contractor has since been suspended on-site by the implementing agency, the Lesotho Highlands Development Authority (LHDA).

In a statement on Thursday, the department confirmed the suspension of Kopano Ke Matla following several warnings of non-compliance issued to the contractor for polluting water courses with raw effluent during tunnel construction.

Through its engineer, the department said LHDA had issued a targeted suspension of works to the Polihali Transfer Tunnel contractor, KKM, due to non-compliance with contractual environmental obligations, specifically regarding wastewater management.

“The suspension was prompted by persistent failures to meet treatment standards across multiple sites, despite prior warnings and formal Non-Conformance Reports emanating from concerns on the inadequate management and treatment of wastewater and effluent generated during tunnel construction activities.

“This measure was implemented to uphold environmental, health, and safety standards on a nationally and regionally significant infrastructure project and did not constitute a project-wide shut down. Contractual enforcement of environmental obligations is standard and necessary on infrastructure projects of this scale to protect the environment, communities, and the workers,” the department explained.

Due to the suspension, the contractor was compelled to send home approximately 1 300 workers as a precautionary step to avoid further environmental risk and protect worker safety.

The department revealed that the contractor has been given until 26 May 2025 to submit a comprehensive remedial plan and compliance roadmap, with clear and measurable milestones and interim controls to address the deficiencies in wastewater treatment works.

The suspension will not impact tunnel’s overall completion date, as the project is currently ahead of schedule.

Work continues in unaffected areas of the project, including the Polihali and Katse zones, to minimise any broader delays.

“The LHDA whose role is to safeguard the public, the workforce, and the environment through responsible oversight of contractors and the Engineer, continues to ensure that interim containment and treatment measures are in place to avoid further environmental risk while the main upgrades are pursued,” the department said.

“The Ministry has since directed the South African delegation, TCTA and the Department of Water and Sanitation to reinforce monitoring of the projects, to ensure no further delays occur.

The LHWP Phase 2 includes the construction of an approximately 165m high Concrete Faced Rockfill Dam at Polihali, downstream of the confluence of the Khubelu and Sengu (Orange) Rivers and a 38km long concrete-lined gravity tunnel connecting the Polihali reservoir to the Katse reservoir.

Other Phase 2 activities include construction of the Senqu bridge, accommodation, power lines and telecommunication. – SAnews.gov.za
 

GabiK
Fri, 05/16/2025 - 12:16

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SA’s G20 Presidency to aid recovery of global economy

Location: News

SA’s G20 Presidency to aid recovery of global economy

Deputy Minister in the Presidency Nonceba Mhlauli says the primary focus of the G20 platform is to increase multilateral cooperation for the recovery of the global economy.

“Since President Ramaphosa took over the Presidency of the G20 in December 2024, a lot of public discourse has already gone into what this could potentially mean for South Africa, particularly in a post-COVID-19 era where developing economies are still on a path to recovery,” Mhlauli said.

Mhlauli explained that the G20 initially focused largely on broad macro-economic issues but has since expanded its agenda to inter-alia include trade, climate change, sustainable development, health, agriculture, energy, environment, climate change and anti-corruption.

“The G20 was upgraded to the level of Heads of State/Government in the wake of the global economic and financial crisis of 2007, and in 2009, when it became apparent that the necessary crisis coordination would only be possible at the highest political level,” Mhlauli said.

In her address at a G20 public lecture held at the Tshwane University of Technology (TUT) south campus in Soshanguve, north of Pretoria, Mhlauli said that since then, the G20 leaders have met regularly, and the G20 has become the premier forum for international economic cooperation.

“The primary focus of the forum is to increase multilateral cooperation for the recovery of the global economy, bring stability to the global financial system, promote long-term sustainable growth and strengthen global economic governance,” she said on Friday.

Mhlauli said South Africa will use the G20 Presidency to focus on inclusive and sustainable economic growth that benefits its citizens.

“Through the G20 Presidency, we will foster inclusive economic growth, industrialisation and employment. 

“This Presidency is about demonstrating that our country is open for business. South Africa is an attractive destination for business services, and has sophisticated digital infrastructure, including mobile networks and high-speed broadband.”

On the economic front, the G20 will provide a massive boost, especially in areas such as tourism and hospitality.   

“The over 200 expected G20 related meetings have already commenced in our country presenting opportunities for the country’s tourism, manufacturing, trade and other investment growth.

“We are also intently focusing on youth employment, closing the gender gap, reducing inequality and protecting the environment. 

“The G20 will unlock new possibilities in artificial intelligence (AI), which has the potential to provide unprecedented economic and social opportunities,” Mhlauli said.

Meanwhile, Government Communications and Information System (GCIS) Acting Deputy Director-General, Sandile Nene, said South Africa’s hosting of the G20 will improve the economy.

“We are hoping that the G20 will make people invest in the country,” he said.

Kutlwano Mahosi, a first year Journalism student at TUT, told SAnews that G20 meetings will play a role in increasing the country’s economy as many people will be coming into the country.

“As people come to our country, they will be spending their money which will play a role in job creation,” she said.

Echoing same sentiments was fellow Journalism student, Andiswa Mchunu, who said hosting the G20 gives the country an opportunity to attract investors, thereby improving the economy.

“A better economy means more jobs and better life for South Africans,” Mchunu said.

South Africa assumed the role of Presidency of the G20 on 1 December 2024, taking over from Brazil. – SAnews.gov.za

Edwin
Fri, 05/16/2025 - 14:41

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Mashatile Undertakes an Official Working Visit to France

Location: News

The Presidency of the Republic of South Africa
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Deputy President Shipokosa Paulus Mashatile will undertake an official Working Visit to the Republic of France from 19 – 24 May 2025, for the South Africa-France Investment Conference. The Visit is aimed at strengthening relations between the two countries and, most importantly, mobilising investments in order to realise the country's economic growth and transformation objectives.

South Africa and France enjoy cordial relations underpinned by a robust bilateral cooperation programme in areas such as Political Dialogue, Defence, Science & Technology, Energy cooperation, Education and skills development, Health, Transport, Arts and Culture, among others.

This Investment Conference will be held under the theme “SA-France: A Partnership for Mutual Prosperity” with the objective of attracting Foreign Direct Investment (FDI), Public-Private Partnerships (PPPs), and financial resources focusing on key issues such as unemployment, poverty, inequality, climate change and transitions in the digital economy.

The Conference will be centred on eight main sectors, namely Energy, Infrastructure, Transport and Logistics, Finance, Tourism, Agriculture and Agro-Processing, Mining, as well as Information and Communication Technology (ICT). There will also be breakaway groups, which will explore practical steps for projects and investments in these areas.

In addition, the Conference will consist of a high-level segment by Government officials who will lead on thematic discussions related to investment opportunities, policies, and the investment climate in South Africa.

The Deputy President is expected to have a bilateral meeting with his counterpart, Mr Francois Bayrou, Prime Minister of the French Republic.

Deputy President Mashatile will be accompanied by Dr A Motsoaledi: Minister of Health; Ms S Ndabeni-Abrahams: Minister of Small, Business Development; Ms B Creecy: Minister of Transport; Mr G McKenzie: Minister of Sport, Arts and Culture; Ms Patricia de Lille: Minister of Tourism; Mr A Botes: Deputy Minister of International Relations and Cooperation; Mr B Manamela: Deputy Minister of Higher Education and Training; Mr Z Godlimpi: Deputy Minister Trade, Industry and Competition; and Ms S Graham-Mare: Deputy Minister of Electricity and Energy.

Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.

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Africa-First Energy Policies: Turning Vision Into Investment

Location: Business
African Energy Chamber

Africa is entering a pivotal phase in its energy transformation, characterized by a growing shift toward “Africa-first” energy policies. Despite contributing less than 4% to global emissions, Africa faces the world's most severe energy access challenges – with approximately 600 million people lacking electricity and 900 million without clean cooking solutions. With $47 billion in oil and gas capex in 2024 – a 23% increase year-over-year – Africa is proving its value as a competitive and resilient energy investment destination. This surge reflects growing investor appetite, strengthened policy frameworks and a renewed focus on project bankability.

In this context, African Energy Week (AEW): Invest in African Energies 2025 – taking place from September 29 to October 3 in Cape Town – serves as the continent's leading forum for turning vision into tangible investment. With a focus on public-private partnerships (PPPs), blended finance and strategic energy projects, the event brings together government leaders, financiers, developers and technology providers to advance deals, foster collaboration and position Africa as a global energy leader.

Building Institutions for Local Investment

A wave of institutional and policy advancements is laying the groundwork for increased local investment in energy. A key milestone is the establishment of the Africa Energy Bank (AEB) by the African Petroleum Producers' Organization (APPO) and Afreximbank, with an initial capital of $5 billion. Headquartered in Abuja and set to launch in June 2025, the AEB will finance oil and gas infrastructure projects, serving as a bold step toward regional energy self-sufficiency and resource sovereignty.

At the same time, the African Development Bank (AfDB) is supporting long-term energy planning. In Algeria, the AfDB has launched a strategic dialogue to shape the 2025–2030 Country Strategy Paper, aligning national goals with sustainable, diversified energy development.

In South Africa, the success of the Renewable Energy Independent Power Producer Procurement Program (REIPPPP) illustrates how structured procurement can generate market certainty. The latest round secured 1,760 MW of solar PV capacity backed by R31.4 billion ($1.7 billion) in investment — with 49% local ownership and 46% equity held by Black Economic Empowerment entities.

Scaling Investment through PPPs and Blended Finance

As Africa's energy project pipeline expands, PPPs and blended finance have become essential tools for scaling investment. The AfDB's $10 million concessional equity stake in the ARM-Harith Successor Infrastructure Equity Fund, a $200 million regional vehicle, highlights how development finance institutions can de-risk infrastructure and crowd in private capital. The fund supports AfDB's target to electrify 300 million people by 2030 through sustainable energy solutions.

Meanwhile, South Africa's Battery Energy Storage Independent Power Producer Procurement Program illustrates the power of blended finance in scaling innovation. With R12.8 billion ($678.8 million) allocated to eight projects delivering 615 MW of storage across three provinces, the initiative enhances grid stability and achieved a 35% cost reduction from the first bid round – a clear sign of growing cost efficiency.

Frameworks for African-Led Growth

The African Continental Free Trade Agreement (AfCFTA), ratified by over 48 countries, offers a powerful framework for prioritizing African-led energy development. By promoting intra-African investment flows and removing trade barriers, AfCFTA enables energy projects to be sourced, financed and executed within the continent. With Ghana spearheading the AfCFTA Guided Trade Initiative – engaging eight pilot countries – the agreement is fostering regional cooperation to scale African energy solutions and reduce external dependency. Once fully operational across more than 50 member states, AfCFTA is set to accelerate an Africa-first approach to infrastructure, technology, and capital deployment in the energy sector.

Meanwhile, the African Energy Commission continues to strengthen institutional cooperation across the African Union to support sovereign energy strategies. A prime example of African private-sector leadership is Coscharis Technologies' $4 billion solar project in Nigeria – the largest renewable energy initiative in West Africa – reflecting a shift toward domestically-driven, large-scale investment in clean energy that aligns with national priorities and regional ambitions.

“Africa's energy future must be shaped by African priorities, African solutions and African investment. At AEW: Invest in African Energies 2025, we are not just talking about the energy transition – we are driving real deals and partnerships that put Africa-led development at the center of the global energy conversation,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

About AEW: Invest in African Energies:
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

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Cross Switch Bolsters African Footprint with Strategic Partnership with Pesawise, Kenya

Location: Business
Cross Switch

Cross Switch (https://Cross-Switch.com/), a provider of class-leading payment solutions, has strengthened its African presence by officially launching services in Kenya and partnering with licensed local payment provider Pesawise.

This collaboration makes the most of Pesawise's solid regulatory standing and trusted reputation, allowing Cross Switch to establish it's footprint and, together with Pesawise, immediately deliver robust payment solutions to businesses, merchants, and charitable organizations throughout Kenya.

Cross Switch brings to the partnership a highly scalable global payments infrastructure, allowing merchants simple and frictionless acceptance across multiple payment channels, including Visa, Mastercard, AmEx, mobile money and bank platforms.

Through Cross Switch's unified platform, businesses can now take advantage of simplified payment processing, significantly reduced costs, and faster transaction settlements.

The Cross Switch solution is tailored to support businesses of every shape and size, driving financial inclusion while at the same time empowering social impact organisations.

Numerous merchants across multiple sectors, including hospitality, e-commerce and delivery services and crypto (in approved markets) are already using Cross Switch's innovative solutions on the African Continent and across Latin America. The confidence the Kenyan market has already shown in Cross Switch has already shown immediate effect in Kenya with the with Pesawise partnership.

Cross Switch has a powerful track record of success, and it relies on Pesawise, a nimble locally licensed payment provider with a young and dynamic management team, to contribute meaningfully to Cross Switch's growth ambitions and customer-focused philosophy.

Cross Switch's CEO, Tim Davis, remarked “During the establishment phase of this partnership it is refreshing to see a shared common set of values with Pesawise, to provide our customers with best-in-class service levels and straightforward solutions. And a common mission to democratize technology and drive social impact across Africa. With their exceptional team and proven ability to provide relevant value-added services, we believe Pesawise will excel in the fast-moving fintech space.”

Pesawise, a fully regulated and authorised Payment Service Provider, is in good standing with the Central Bank of Kenya, ensuring rigorous compliance and secure handling of merchant funds in trusted Tier-1 banks.

Jamal Khan, Pesawise's CEO said, “We're thrilled to take this next step in our journey with Cross Switch as our technology partner. Their deep knowledge and robust technology solutions will enable us to provide innovative solutions tailored to the needs of emerging markets. Together, we aim to strengthen the digital payments ecosystem in Kenya. We've already secured key wins together—including supporting merchants like Glovo Kenya—through a combination of Cross Switch's expertise and our dedicated local team.”

As it has done in all markets, Cross Switch is committed to delivering advanced payment solutions backed by exceptional fraud prevention, risk management, and efficient reconciliation capabilities, further strengthening its value proposition in an evolving financial landscape.

Businesses interested in simplifying their payment processes are invited to connect directly at https://apo-opa.co/43usg4F to discover how Cross Switch's tailored solutions can drive their growth and operational efficiency.

Distributed by APO Group on behalf of Cross Switch.

Contact:
South Africa: (+27) 21 205 5818
Luxembourg: (+352) 2088 1454
https://apo-opa.co/43usg4F

About Cross Switch:
Cross Switch is a payments technology company founded in 2022, operating across emerging markets, with active operations in South Africa, Morocco, Ivory Coast and across Latin America. It provides flexible, secure and scalable solutions that support both local and cross-border transactions, helping merchants, fintechs and non-profits expand their reach and streamline their operations. Cross Switch is committed to driving financial inclusion and growth through collaboration, robust infrastructure, high service levels and a strong focus on emerging market needs.

About Pesawise:
Pesawise is a licensed payment service provider headquartered in Kenya. Pesawise offers robust, API and Platform-driven solutions for local collections, payouts, and virtual accounts. Trusted by leading enterprises and SMEs (such as Kuehne + Nagel and SeamlessHR), Pesawise is dedicated to reducing transaction costs, easing reconciliation challenges, and enhancing transparency for merchants, individuals, and digital ecosystems. Through deep market expertise, reliable infrastructure, Pesawise is shaping the future of digital commerce across Kenya.

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Igniting Africa’s Energy and Water Future – Just One Week to Go!

Location: Business
Vuka Group

The countdown is on! From 20-22 May 2025, the vibrant city of Cape Town will host Enlit Africa, the continent's most electrifying gathering of power, energy and water professionals. This is not just an event—it's a call to spark transformation, forge connections and power a sustainable future for Africa and beyond. With a dynamic programme bursting with innovation, inspiration and actionable insights, Enlit Africa is set to be the unmissable epicentre of Africa's energy and water revolution.

A powerhouse of vision and innovation

Enlit Africa 2025 is where the brightest minds, boldest ideas and cutting-edge technologies converge to shape the future of Africa's power, energy and water sectors. Held at the Cape Town International Convention Centre, this three-day extravaganza will bring together utilities, policymakers, innovators, investors and thought leaders from across the continent and the globe. Expect nothing less than a high-voltage experience, with over 200 expert speakers, thousands of attendees and a programme designed to ignite change and challenge the status quo

From the Keynote Stage, where global visionaries like Sabine Dall'Omo, CEO of Siemens South Africa and Bronwyn Williams, Futurist at Flux Trends, will set the tone for transformation, to the Strategise Stage, tackling critical topics like nuclear energy and regional interconnectors, Enlit Africa is a catalyst for progress. The Innovate Stage will showcase breakthroughs in smart grids and digitalisation, while the Power Hub dives deep into generation and distribution advancements, including the game-changing potential of Small Modular Reactors (SMRs) and green hydrogen.

Water Security Africa: A Vital Focus

Running alongside Enlit Africa, Water Security Africa will tackle one of the continent's most pressing challenges—sustainable water management. With sessions on desalination, smart metering and climate-resilient infrastructure, this dedicated track features trailblazers like Sean Phillips, Director General, Department of Water & Sanitation and Jay Bhagwan, Water Research Commission, who will share strategies to secure Africa's water future. Highlights include the Youth in Water Forum, spotlighting young innovators and a GreenCape-hosted workshop to scale water security initiatives.

Unparalleled networking and business opportunities

Enlit Africa is more than a conference—it's a networking powerhouse. Connect with peers, partners and pioneers at the Engage Networking Dinner (sponsored by Standard Bank) or the Networking Function (sponsored by Actom).

Dive into exclusive roundtables, masterclasses and the Projects & Investment Network, designed to turn ideas into bankable projects. For those looking to explore real-world innovation, site visits on 23 May to Robben Island, Western Cape Water facilities and more offer a front-row seat to Africa's energy and water infrastructure.

The Women in Energy programme on 21 May is a highlight, celebrating female leadership with the launch of Standard Bank's Future Females in Energy Initiative and powerful discussions on tackling gender-based violence (GBV) and fostering inclusive workplaces. With speakers like Candice Hartley, Chief People Officer at Eskom, this session is a call to action for equality and empowerment.

Why you can't miss Enlit Africa 2025

  • Premium networking: Forge partnerships with utilities, municipalities, developers and investors.
  • Expert insights: Hear from over 200 speakers, including Calib Cassim, CFO of Eskom and Monde Bala, Group Executive: Distribution, Eskom.
  • Practical learning: Masterclasses and workshops deliver hands-on knowledge from industry veterans.
  • Business opportunities: Explore the latest technologies and innovations in the expansive exhibition floor.
  • Career advancement: Stay ahead of trends in nuclear, renewables, smart grids and water management.
  • Inspiration: Engage with a community passionate about transforming Africa's energy and water landscape.

Programme highlights

  • 20 May: Kick off with keynotes from South Africa's Minister of Electricity and Energy, Kgosientsho Ramokgopa and a panel on technology's role in powering Africa's future.
  • 21 May: Dive into climate finance, nuclear energy's strategic role and regional interconnectors, with insights from Ryan Collyer, CEO of Rosatom Central and Southern Africa.
  • 22 May: Join the Energy & Infrastructure Skills Development Taskforce workshop to shape the workforce of tomorrow.

For water enthusiasts, Water Security Africa offers roundtables on projects like South Africa's National desalination initiative and discussions on municipal water delivery with leaders like Shyam Misra, Group MD of Siza Water.

Join the movement

With just two weeks to go, now is the time to secure your spot at Enlit Africa 2025. Choose from a range of attendance options, from the Free Expo Visitor Pass to the Platinum Package, which includes exclusive access to strategic sessions, networking dinners and site visits. Visit Enlit Africa on www.Enlit-Africa.com or contact Vuyisa Mfobo at vuyisamfobo@wearevuka.com or +27 66 305 7203 to upgrade your experience.

Don't miss your chance to be part of the event that's lighting up Africa's energy and water future. Enlit Africa 2025 is where connections are made, ideas are born and the continent's sustainable tomorrow takes shape. Let's power up, innovate and transform—together!

Distributed by APO Group on behalf of Vuka Group.

Note: Programme details and speakers are subject to change.

For media inquiries, contact:
VUKA Group Media Team
Email: media@wearevuka.com
Website: www.Enlit-Africa.com

About Enlit Africa:
Enlit Africa celebrates 25 years in the African power, energy, and water sector. A game-changing event, it brings the top manufacturers, associations, institutions, and government leaders together to shape a sustainable, prosperous energy and water future for Africa. A leading power, energy and water conference and exhibition, Enlit Africa is designed to provide a unique platform to connect decision-makers and determine Africa's future direction of travel. 

Enlit Africa takes place from 20 - 22 May 2025 at the CTICC, Cape Town, South Africa. The event is CPD accredited by the SAIEE and SAICE, thereby contributing to the professional development of industry experts.

For more information, please visit the Enlit Africa website at https://Enlit-Africa.com/ or contact our team at info@enlit-africa.com.

About The Vuka Group:
VUKA Group brings people and organisations together to connect with information and each other in meaningful conversations to reach the next level of growth in their industry ecosystem. With 20 years of experience in Africa, the group serves the Energy, Mining, Smart Mobility, Transport and Retail sectors, through a range of industry touchpoints across digital, print and in-person platforms. With a commitment to data at its core, the group is well-positioned to support industry stakeholders today and into the future. Operating from Cape Town, South Africa the group is actively involved in projects across continental Africa and boasts a diverse African team who take great pride in the work they do for the sectors and markets they serve. 

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Revolutionising Cloud Access for Nigerian Business With Local Innovation

Location: Business
Angola Cables

At the recent Connect Xperience event, TelCables Nigeria unveiled how Clouds2Africa, a locally hosted cloud solution, is transforming the way businesses in Nigeria access, manage, and expand their digital resources.

“Clouds2Africa is tailored to Nigeria's unique business environment”, explained Israel Ogboi, Pre-Sales Engineer at TelCables Nigeria. “With its scalable infrastructure, robust security protocols and user-friendly interface, our solution rivals – and in some cases surpasses – the more complex international cloud offerings.” Hosted in two Tier III data centres in Lagos, the platform guarantees lower latency, full compliance with local regulations and enhanced reliability.

In a live demo, Israel showed how businesses can efficiently scale operations and securely store data while meeting performance expectations. He also highlighted ACloudConnect, a hybrid Network-as-a-Service (NaaS) option that provides secure, dedicated links between on-premises infrastructure and global cloud providers – bypassing the public internet and reducing vulnerability.

Despite existing challenges such as policy constraints and talent shortages, Ogboi noted that TelCables is working closely with government and partners to drive skills development and cloud literacy. “We're debunking myths and breaking barriers. Through events like Connect Xperience and our local Partner Enablement Program, we're enabling ISPs and resellers to adopt revenue-sharing models and deliver future-ready cloud services,” he said.

Fernando Fernandes, CEO of TelCables Nigeria, added: “Backed by Angola Cables' extensive global infrastructure – including an integrated subsea cable network and over 300 cloud onramps – we're positioning Nigeria at the heart of Africa's digital future. Our mission is to empower local businesses with the tools they need to compete globally.”

Distributed by APO Group on behalf of Angola Cables.

About Angola Cables:
Angola Cables is an internationally established ICT and digital solutions and network services provider. The company specializes in connectivity solutions for the wholesale market and offers tailored digital services and solutions across multiple industries, including Cloud resources for the corporate enterprise sector.

Known for its innovation, Angola Cables operates a robust global backbone network, providing access to major IXPs, Tier I operators, and global content providers. With more than 30 PoPs and connections to plus 930 interconnected Data Centres and 6000 peering agreements, traffic over its international network is more than 18 500 Tbps.

The company has its own submarine cable network spanning over 33,000 kilometres (WACS, SACS, and MONET) and extends its services to over 50,000 kilometres through partner cables, connecting the Americas, Africa, Europe, and Asia.

Additionally, the company operates two world-class Data Centres, AngoNAP Fortaleza in Brazil and AngoNAP Luanda in Angola. Angola Cables also manages PIX in Brazil and AngonIX in Angola - one of the leading internet traffic exchange points in Africa that directly connects to over 21 IXPs worldwide.

With a significant international presence, Angola Cables is expanding its operations into strategic markets such as Brazil, South Africa, the United States and Nigeria. The company promotes intercontinental interconnection, driving digital and economic development, and ranks among the top 25 internet service providers in the world today.

*The Center for Applied Internet Data Analysis (CAIDA) 2023

For more information, visit the website: www.AngolaCables.co.ao

About TelCables West Africa:
TelCables West Africa is powered by the Angola Cables network, a multinational telecommunications company operating in the wholesale market. The company operates connectivity, IT solutions and services as well as international data circuit capacity and IP Transit via submarine cables.

As the most connected network operator in Africa, we provide secure, low-latency direct routes from West Africa to the USA and South America and from West Africa to London. With our presence across a few Nigerian IP hubs from Lekki, WACS CLS, Medallion DC, Rack Centre and others, and connections across Africa via the Djoliba network, we can connect your business to the world.

For more information, visit the website: https://TelCables.ng/

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Government Business Partnership Sets Three-Month Sprint to Accelerate Delivery

Location: News

The Presidency of the Republic of South Africa
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President Cyril Ramaphosa today convened ministers and senior business leaders under the Government Business Partnership. The partners agreed to fast-track the implementation of key structural reforms and support performance improvements at Transnet and Eskom through an accelerated delivery plan and an intensified phase of the Partnership's ongoing efforts to expedite delivery on priority interventions vital to economic growth and job creation.

The partnership believes that this acceleration is necessary to achieve a step-change in progress in response to difficult economic headwinds. Focus will remain on improving Eskom's Energy Availability Factor (EAF) and unblocking delays in new generation capacity to ensure a continued reprieve from load shedding. Work is underway to resolve grid access and allocation bottlenecks that hinder new generation projects. Whilst Transnet's performance is not at the level required, it has stabilised and there is a significant focus on growing volumes which will increase exports and revenue collected to support economic growth and preserve and grow employment.

Expediting reforms and performance improvement is crucial to reducing the possible negative impact of the complex global and domestic environment, which continues to present substantial challenges and uncertainty. GDP growth projections for 2025 have been revised down, and current forecasts remain far below the minimum 3% required to create the level of jobs needed to make an impact on the country's high levels of unemployment.

The Government Business Partnership, established in 2023, is focused on accelerating crucial reforms and operational improvements to lift confidence levels and to drive economic growth in four priority areas: energy, transport and logistics, crime and corruption, and youth employment (the latter added in January 2025).

President Cyril Ramaphosa said: “Through the strength of this partnership, we have been able to unlock many constraints that undermine growth and job creation. While there is much to improve, the dedication and commitment from both government and business remains undiminished. The pace of our work must increase to match the scale of the challenge.”

Important progress has been made to lay the groundwork for sustained accelerated action, including the finalisation of the Transnet Network Statement, the launch of a Request for Information (RFI) to attract private investment in port and rail infrastructure, and NERSA's approval of electricity wheeling regulations. These reforms enable broader private sector participation in energy and transportation and logistics. Both the crime and corruption and the youth employment focal areas are largely tracking against their plans which have a longer-term time horizon.

In line with this commitment to focused execution, the Partnership welcomed the launch of the second phase of Operation Vulindlela, which has a delivery focus that closely aligns with the Partnership's objective of more rapidly accelerating reforms and operational improvements that will drive growth and job creation.

Adrian Gore, BUSA Vice President and business co-convenor of the Partnership, said: “We are entering this accelerated execution “sprint” with a real sense of urgency. Progress has been made, but it's not enough. This requires a step change in the pace of decision making and execution. We need to redouble our collective efforts to help shift the country onto a sustained upward trajectory and deliver on our shared ambition of a virtuous cycle of growth, jobs, a more positive narrative and increased investment.”

Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.

Read moreGovernment Business Partnership Sets Three-Month Sprint to Accelerate Delivery

Minister Dion George Concludes South Africa’s Participation at Copenhagen Climate Ministerial

Location: News

Republic Of South Africa: Department of Forestry, Fisheries and the Environment
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Minister Dion George, South Africa's Minister of Forestry, Fisheries and the Environment, has concluded an impactful participation at the Copenhagen Climate Ministerial in Denmark on 7-8 May 2025, reinforcing South Africa's commitment to a resilient, sustainable future. Representing the nation ahead of COP30 in Belém, Brazil, Minister Dion George championed South Africa's priorities, ensuring the voices of its people, wildlife, and ecosystems shape the global climate agenda.

The Ministerial was a critical platform to advance the Paris Agreement's 1.5°C target, with direct implications for South Africans. Climate change threatens livelihoods through droughts, floods, and rising temperatures, impacting food security, jobs in agriculture, fisheries, and forestry, and endangering iconic wildlife and vital marine resources. Minister Dion George's leadership secured progress on ambitious climate commitments that drive job creation, poverty reduction, and biodiversity conservation, embedding community and environmental upliftment. He advocated for a just transition, protecting workers in high-carbon sectors while unlocking opportunities in renewable energy and green technologies. Minister Dion George also championed increased climate finance for adaptation, including water infrastructure, climate-smart agriculture, and marine conservation, to improve daily life and protect ecosystems. From coastal communities to rural farms and wildlife reserves, South Africa promoted solutions to strengthen resilience against climate impacts.

These outcomes translate into tangible benefits: cleaner air, safer water, healthier oceans, and new jobs in green sectors. South Africa's engagement secured stronger global partnerships, clearer funding pathways, and renewed momentum to tackle climate change, empowering communities and safeguarding natural heritage.

Minister Dion George stated, “Our work in Copenhagen is a step toward a future where South Africans thrive in a low-carbon economy, with resilient communities and protected biodiversity. We will carry these engagements forward into the G20, ensuring our priorities continue to shape global climate action.”

South Africa returns from Copenhagen with commitments to advance its climate agenda, delivering resources, technology, and support for its people and environment. The nation is poised to build on this momentum at the G20 and beyond, driving a just and sustainable future for all.

Distributed by APO Group on behalf of Republic Of South Africa: Department of Forestry, Fisheries and the Environment.

Read moreMinister Dion George Concludes South Africa’s Participation at Copenhagen Climate Ministerial

Deputy Minister Sello Seitlholo Calls for Bold Investment to Secure Southern Africa’s Water Future

Location: News

Department of Water and Sanitation, Republic of South Africa
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The Deputy Minister of Water and Sanitation, Mr. Sello Seitlholo, has called for intensified investment in the water sector to secure Southern Africa's future in the face of climate change and growing water demands.

Speaking at the ORASECOM Climate Resilient Investment Conference in Maseru, Lesotho on Thursday, 08 May 2025, Deputy Minister Seitlholo highlighted that resilient water infrastructure and cross-border collaboration are critical to the region's economic development, environmental sustainability, and long-term water security.

As a proud and committed member of the Orange-Senqu River Commission (ORASECOM), South Africa continues to champion regional cooperation for the sustainable and equitable management of shared water resources. Deputy Minister Seitlholo reaffirmed the country's support for the Commission, noting South Africa's role as host country and consistent contributor to its operations and basin-wide studies.

“Water is the foundation upon which our economies, communities, and ecosystems rest. In Southern Africa, it also binds us together across borders. Our shared future demands that we invest boldly and wisely in securing this most precious resource,” he said.

South Africa is undertaking major reforms to create an enabling environment for water investment. Deputy Minister Seitlholo said that these include legislative amendments to strengthen water governance, reduce inefficiencies, and attract private-sector involvement through improved regulatory certainty and streamlined project processes.

He pointed to multiple opportunities for investors, ranging from bulk infrastructure and wastewater treatment to innovative technologies in reuse and smart metering. Public-private partnerships are being pursued with urgency, including through the Water Partnership Office in collaboration with the Development Bank of Southern Africa (DBSA). “Investing in water is not just a necessity; it is a generational imperative. Our policy reforms, institutional innovation, and partnerships demonstrate that we are ready to work with all stakeholders to make water investment a success story,” he emphasised.

The Deputy Minister highlighted sustainability, technological advancement, and climate adaptation as key pillars of the country's water strategy. He emphasised the need for robust risk management to address droughts, floods, and pollution, backed by government funding instruments such as the Water Services Infrastructure Grant and the Regional Bulk Infrastructure Grant made available by the Department of Water and Sanitation.

Deputy Minister Seitlholo stressed that communities must be at the heart of water solutions. South Africa's water governance model prioritises public participation and inclusive development, particularly through forums supporting youth, women, and civil society engagement. Partnerships with NGOs, research institutions, and the private sector continue to drive innovation and ensure evidence-based planning.

In closing, Deputy Minister Seitlholo reaffirmed South Africa's unwavering commitment to regional leadership and global engagement in the water sector. He announced that South Africa will proudly host the Africa Water Investment Summit in August, a strategic platform aimed at unlocking large-scale investment and galvanising multi-sector partnerships for water infrastructure development across the continent.

Furthermore, as South Africa has assumed the G20 Presidency, the Deputy Minister committed that water financing will be elevated as a key agenda item, positioning water not merely as a development issue but as a central pillar of economic resilience, climate adaptation, and sustainable growth.

“South Africa stands ready to lead by example, mobilising political will, catalysing investment, and fostering cross-border cooperation to build a water-secure future for Africa and beyond,” he affirmed.

“Let us seize this moment to mobilise the partnerships, political will, and financing needed to ensure a climate-resilient and water-secure future for our region. What we decide today must shape a legacy of inclusive growth and sustainable prosperity for generations to come,” concluded Deputy Minister Seitlholo.

Distributed by APO Group on behalf of Department of Water and Sanitation, Republic of South Africa.

Read moreDeputy Minister Sello Seitlholo Calls for Bold Investment to Secure Southern Africa’s Water Future

South Africa’s Electricity Minister Joins AEW 2025 Amid Bold Infrastructure Plans

Location: News
African Energy Chamber

Dr Kgosientsho Ramokgopa, Minister of Electricity and Energy of South Africa, will speak at this year's edition of the African Energy Week (AEW): Invest in African Energies conference – taking place September 29 to October 4 in Cape Town. As the country targets large-scale power and renewable energy rollout, Dr Ramokgopa's participation will support greater collaboration with international partners and investors.

Faced with an energy deficit challenge, South Africa has been implementing bold changes across its electricity and energy sectors, seeking to strengthen infrastructure development and broader energy access. In 2025, the country implemented its newly enacted Electricity Regulation Act, aimed at creating a more competitive power market in the country. Designed to address the country's longstanding power supply challenges by restructuring the sector, the act enables independent power producers to play a larger role in the country's industry. Additional policies include the Renewable Energy Masterplan – approved in March 2025 and aimed at incentivizing investment across the renewable energy value chain – and the Energy Action Plan – aimed at mitigating power outages by securing energy supply.

On the back of regulatory reform, the country has seen several milestones achieved across its electricity and energy sectors in recent months. In March 2025, the country brought the sixth and final unit of the Kusile Power Station online. Following the requisite testing and optimization over a six-month period, the unit will add 800 MW to the South African national grid. Once all units at the station are operational by H2, 2025, the station will contribute 4,800 MW to the grid, representing the country's largest infrastructure project. Meanwhile, a second new-build power station is on track for commissioning its fourth unit shortly. The Medupi station – a greenfield coal-fired plant – will produce 4,800 MW once all six units are online.

While these projects represent strategic steps towards improving generation and transmission capacity in South Africa, much more investment is required to achieve the country's power and energy goals. The Ministry of Electricity and Energy estimates that South Africa requires up to R440 billion to finance transmission development over the next ten years. To enhance energy access, the country seeks to modernize and expand the national electricity grid by 14,000 km during this timeframe, highlighting a major investment opportunity for global financiers. In March 2025, Minister Ramokgopa announced short-term plans to acquire up to 1,164 km of 400 kV transmission lines, covering the Northern Cape, North-West and Gauteng. The acquisition falls under the country's broader Integrated Resources Plan – which provides a roadmap for achieving South Africa's forecasted electricity demand - as well as the 2024 Transmission Development Plan, which seeks to expand the grid and achieve greater access rates across various provinces.

Meanwhile, spearheaded by the Ministry of Electricity and Energy, the country is making significant strides towards scaling-up its renewable energy sector. A key driver of this is the Renewable Energy Independent Power Producer program (REIPPP) – an initiative aimed at increasing generating capacity through private sector investment in solar, onshore wind and hydropower. The REIPPP has successfully channeled substantial private sector expertise and investment in the renewable industry, with 16 winners selected under Bid Window 7 in December 2024. This window targets 5 GW of renewable energy capacity, with the winning projects featuring 1.76 GW of solar – representing a combined investment of ZAR 31.4 billion – as well as 615 MW of battery energy storage - a combined investment of ZAR12.8 billion.

Nuclear energy has also been identified as a strategic sector by the Ministry of Electricity and Energy. South Africa currently hosts the only operational nuclear facility in Africa and has plans to scale-up capacity in support of anticipated rising demand. The Ministry of Electricity and Energy plans to spend R60 billion on its nuclear-build program and is seeking support from international nuclear experts to enhance capacity. At AEW: Invest in African Energies, insights into South Africa's power and energy advancements will highlight key investment opportunities for global players.

“South Africa has put the requisite policies in place to advance large-scale power and energy projects. What the country now needs is action. International investors should take advantage of regulation and drive impactful projects,” states Oré Onagbesan, Program Director, African Energy Week.

Distributed by APO Group on behalf of African Energy Chamber.

About ​AEW: Invest in African Energies:
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event.

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ConstructAfrica Launches Industry Advisory Board to Drive Strategic Infrastructure Dialogue Across Africa

Location: Business
ConstructAfrica

ConstructAfrica (www.ConstructAfrica.com), the leading platform for market intelligence, thought leadership, and news on construction and infrastructure across the African continent, is proud to announce the formation of the ConstructAfrica Industry Advisory Board (CIAB). This newly established board brings together a distinguished group of global and African leaders committed to shaping the future of infrastructure development across Africa.

The CIAB is composed of seasoned professionals from leading construction firms, national infrastructure agencies, academia, multilateral development institutions, private equity, and global finance. Its members include internationally recognized infrastructure leaders, Chief Executives, Directors, a University Vice Chancellor, academic experts, and experienced financial and investment professionals — each offering invaluable insight and extensive global networks.

The mission of the CIAB is to provide strategic guidance, promote collaboration, and support ConstructAfrica's vision of delivering trusted intelligence that enables evidence-based decision-making in Africa's infrastructure ecosystem. The board will serve as a catalyst for constructive dialogue, policy insight, investment mobilisation and innovation.

Dr. Nelson Ogunshakin OBE, appointed as Chair of the CIAB, stated:

“It is a privilege to lead the ConstructAfrica Industry Advisory Board at a time when Africa's infrastructure agenda is more critical than ever. This initiative brings together a powerful coalition of experience, expertise, and vision — committed to shaping a resilient, inclusive, and investment-ready infrastructure landscape. ConstructAfrica plays a vital role in equipping stakeholders with trusted, actionable intelligence, and the Advisory Board will amplify this impact by driving thought leadership, collaboration, capacity building, and strategic alignment across sectors and borders.”

ConstructAfrica's Founder & Publisher, Dr Segun Faniran, added:

“The formation of the Industry Advisory Board marks a major milestone in our growth journey. With the leadership of Dr. Ogunshakin and the collective strength of our Board members, we are poised to expand our influence and deepen our engagement with both public; Government, Multilateral institutions, and private sector; developers, client, investors, contractors, operators, technologists, and wider continental stakeholders.”

Members of the ConstructAfrica Industry Advisory Board (CIAB):

  • Dr Nelson Ogunshakin FREng, OBE Chair, AEO Group & Board Director HS2 Ltd – UK
  • Derreck Omath, DG, Infrastructure Agency, Seychelles
  • Malani Padayachee-Saman, CEO MPAMOT, South Africa
  • Gilbert Sassine OFR, CEO, Cranebury Construction, Nigeria
  • Matthew Jordan Tank, Director, EBRD, UK
  • Dr Olubukola Tokede, Senior Lecturer, Deakin University, Australia
  • Rachel More-Oshodi, CEO/MD ARM-Harith Infrastructure Investment Limited, Nigeria
  • Eng Amanuel Hailemariam, GM, Association of Civil Engineers, Ethiopia
  • Chris Campbell, CEO, Consulting Engineers South Africa (CESA), South Africa
  • Mark Worrell, CEO, Estate and Infrastructure Exchange (EIX), UK
  • Professor Dr Khumbulani Mpofu, Vice Chancellor, Solusi University, Zimbabwe
  • Dr Segun Faniran Founder & Publisher, ConstructAfrica, UAE
  • Jenni Chamberlain, Founder & CEO, Altree Capital, Switzerland,
  • Richard Stockdale, Senior Non-Executive Director, DAR Global Plc, UAE

(Complete member list and biography are published at www.ConstructAfrica.com)

Distributed by APO Group on behalf of ConstructAfrica.

For media inquiries or further information, please contact:
Dr Segun Faniran
Founder & Publisher
Email: hello@constructafrica.com
Phone: +971 56 566 4792
Website: www.ConstructAfrica.com

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Wiring Africa’s Industrial Future

Location: Business
African Development Bank Group (AfDB)

The Botswanan town of Lobatse, some 70 km south of Gaborone, has been transformed into a vibrant manufacturing centre. Across sprawling factory floors, hundreds of skilled hands meticulously assemble intricate wiring harnesses - components that will eventually power Volkswagen and Nissan vehicles across Africa and beyond.

In the automotive industry, wire harnesses are an intricate arrangement of wires, connectors, and components. They serve as vehicles' central nervous systems, enabling the  transmission of electrical signals and power throughout the automobile.

This is Delta Automotive Technologies, where strategic financing from the African Development Bank has catalysed a manufacturing renaissance that extends far beyond the factory wallsThe company makes wiring harnesses primarily for Volkswagen and Nissan.. For decades, Botswana's economic history was written in diamonds. Today, a new chapter is unfolding as the African Development Bank's $80 million credit line to the Botswana Development Corporation (BDC) for businesses in the country fuels Delta Automotive's transformation into a manufacturing powerhouse.

"This funding hasn't just built infrastructure - it's built opportunity," says Darryn Hattingh, Delta's Director of Manufacturing. "We've built a world-class operation that competes globally while creating opportunity locally. The support enables us to industrialise not just today's production lines, but tomorrow's innovations. It will support us to industrialise future businesses obtained through Volkswagen.”

The firm, which is based in Botswana, makes wiring harnesses for  Volkswagen's Polo Vivo and Polo 270, and Nissan's H60 brands.

It currently makes 120 vehicle harness sets for Volkswagen South Africa per day. By 2027, it hopes to create 340 vehicle sets for Volkswagen and 111 for Nissan in South Africa.

Women powering an industrial revolution

As one walks through Delta's expansive manufacturing facility, one fact is immediately apparent: in a traditionally male-dominated industry, women's expertise is driving this operation forward. An impressive 75% of Delta's workforce is female, shattering glass ceilings with every wire harness assembled.

For Clara Kaekane, a product and process engineer at Delta, the significance goes beyond personal achievement: "Every component we make is a challenge to outdated assumptions about gender and engineering work. I'm not just building car parts - I'm building a new perception of what is possible for women in manufacturing across Africa.”

Kaekane feels empowered to work at the management level in the automotive industry, which is normally male-dominated.

“This is a great opportunity for our country and company,” she says.

Connecting communities to global value chains

The hum of activity at Delta's plant represents more than manufacturing - it is the sound of Botswana's integration into sophisticated global supply networks. Currently producing 120 vehicle wiring harnesses daily, with plans to nearly triple output by 2027, Delta is an example of how African manufacturers can excel in precision-demanding global industries.

"What is happening here is the physical manifestation of our High 5 development priorities, particularly  ‘Industrialize Africa' and ‘Integrate Africa'. It also provides skills to the people of Africa," said the African Development Bank's Deputy Director General for Southern Africa, Moono Mupotola. "Each wire harness connects not just vehicle components, but Botswana's workforce to global value chains, rural communities to industrial opportunities, and traditional economies to a diversified future."

 Scaling impact: From hundreds to thousands

The numbers tell a compelling story: There are 327 employees today, expected to grow to 1,000 within four years. Behind those numbers are families supported, skills developed, and communities transformed. With 95% of the workforce Botswana nationals, the company has become a major driver of local economic empowerment.

"We're seeing multiple development dividends from this single investment," says Benedicta Abosi of BDC. "Delta's growth is generating export earnings, creating quality jobs, developing technical skills and, perhaps most importantly, demonstrating what's possible when development finance meets entrepreneurial vision."

She explained that five years ago, the Botswana Development Corporation supported multiple businesses, including Delta Automotive Technologies, through a $80 million line of credit facility from the African Development Bank.

A blueprint for African industrial transformation, Delta's success offers a replicable model for industrial development across the continent. By strategically supporting companies integrated into global supply chains, development finance can simultaneously address unemployment, gender inequality, economic diversification, and regional integration.

As workers at Delta Automotive Technologies continue to assemble the components that will power vehicles across the region; they're also creating a template for how African development finance can catalyse inclusive industrial transformation.

“This has definitely been a good investment for the African Development Bank, and this is how we see development financing working in Africa, Mupotola added.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

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About the African Development Bank Group:
The African Development Bank Group is Africa's premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

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African Mining Week to Spotlight Cutting-Edge Mining Tech

Location: Business
Energy Capital & Power

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.

https://apo-opa.co/3Z0EMWY

https://apo-opa.co/3EBP2yg

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.

https://apo-opa.co/4k8pMPg

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.

https://apo-opa.co/4k6ZDQM

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.

https://apo-opa.co/3EBP2yg

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

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.

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AMW 2025 to Host Africa-Europe Mining Cooperation Dialogue

Location: Business

Energy Capital & Power
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As home to 30% of the world's critical minerals – resources essential to Europe's Green Deal and broader energy transition goals – Africa is attracting heightened interest from European investors and institutions.

Taking place from October 1–3, 2025 in Cape Town, African Mining Week – the continent's premier mining event – will host the Europe-Africa Roundtable under the theme, European Partnerships in African Mining: A Mutually Beneficial Future. The roundtable will convene mining stakeholders, policymakers and investors from both continents to explore investment opportunities and foster cross-continental collaboration.

As Africa seeks to mobilize new capital to drive industrial growth through mining, European-based companies are playing a pivotal role. British multinational Anglo American is advancing copper, nickel, coal and diamond projects in South Africa, Botswana, Zambia and Nigeria. Glencore, headquartered in Switzerland, maintains major coal, copper and cobalt operations in South Africa and Botswana, while the UK's Rio Tinto is engaged in a range of mineral ventures across the continent.

Europe's junior and mid-tier mining firms are also gaining ground. Pensana is developing Angola's first rare earths mine at Longonjo, which is expected to meet 5% of global demand for magnet rare earths. Endeavour Mining is leading several gold expansion projects across the continent, including the Lafigué Gold Mine in Ivory Coast, Sabodala-Massawa in Senegal and Kalana in Mali.

Beyond the private sector, the European Commission is also backing strategic infrastructure to unlock mineral corridors. Notably, it is co-financing the Lobito Corridor, which links the DRC, Zambia and Angola to global markets. Through frameworks such as the Global Gateway Africa-Europe Investment Package, the Africa-EU Partnership on Sustainable Raw Materials, and Strategic Partnerships on Critical Raw Materials, Europe is delivering financial backing and technical know-how to Africa's mining sector. These efforts aim to secure reliable, responsible and diversified mineral supply chains while fostering sustainable development and value addition on the African continent.

Within this context, AMW 2025 offers a vital platform to sustain this momentum, deepen cooperation and forge new partnerships that advance mining-led growth. From major investments by European mining giants to infrastructure financing through the Lobito Corridor, Africa is attracting unprecedented levels of capital and collaboration. The Europe-Africa Roundtable will spotlight opportunities across critical minerals, gold, copper and rare earths, while promoting sustainable practices and mutually beneficial engagement.

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

About African Mining Week: 
African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

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Telcables Nigeria to Host Connect Xperience Event to Discuss the Future Adopation of Local Cloud Services

Location: Business

Angola Cables
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TelCables Nigeria, a subsidiary of Angola Cables (www.AngolaCables.co.ao), is proud to announce that it will be hosting the Connect Xperience event. This initiative will bring companies and strategic partners together to evaluate how local cloud infrastructure and services can assist in accelerating digital transformation and bring far reaching benefits to multiple sectors across the Nigerian economy. 

At present, Nigeria's cloud computing market is valued at around $1.03 billion and is expected to grow to $3.28 billion by 2030. With the exponential growth in the digitalization of the financial, technological and commercial sectors, dependence on cloud services is becoming increasingly critical. 

The event will highlight the advantages of adopting a local cloud solution, that offers lower latency, greater data sovereignty, enhanced security and improved compliance with local regulations. 

The IT sector currently contributes approximately 20% to Nigeria's real GDP, underscoring the pivotal role that the sector plays in the nation's economy.  

Fernando Fernandes, CEO of TelCables Nigeria said, “we believe that the future of the cloud in Africa lies in innovative and adaptable solutions that have been developed in Africa, for Africa - and the unique requirements and demands of businesses and users across the continent.  With strategic data centers and world-class connectivity, we are ready to support sustainable digital growth in Nigeria.”  

During the Connect Xperience, TelCables experts will present cloud models tailored to the needs of Nigeria companies, from startups to large corporations, as well as opportunities for local resellers and integrators looking to expand their services based on a robust, affordable and available infrastructure in Lagos. 

“Connect Xperience promises to be a meeting point for IT decision-makers, business leaders and industry professionals interested in exploring reliable, scalable and local cloud solutions that can improve business processes and boost the local Nigerian economy,” concluded Fernandes.  

Distributed by APO Group on behalf of Angola Cables.

About Angola Cables:
Angola Cables is an internationally established ICT and digital solutions and network services provider. The company specializes in connectivity solutions for the wholesale market and offers tailored digital services and solutions across multiple industries, including Cloud resources for the corporate enterprise sector. 

Known for its innovation, Angola Cables operates a robust global backbone network, providing access to major IXPs, Tier I operators, and global content providers. With more than 30 PoPs and connections to plus 930 interconnected Data Centres and 6000 peering agreements, traffic over its international network is more than 18 500 Tbps. 

The company has its own submarine cable network spanning over 33,000 kilometres (WACS, SACS, and MONET) and extends its services to over 50,000 kilometres through partner cables, connecting the Americas, Africa, Europe, and Asia. 

Additionally, the company operates two world-class Data Centres, AngoNAP Fortaleza in Brazil and AngoNAP Luanda in Angola. Angola Cables also manages PIX in Brazil and AngonIX in Angola - one of the leading internet traffic exchange points in Africa that directly connects to over 21 IXPs worldwide. 

With a significant international presence, Angola Cables is expanding its operations into strategic markets such as Brazil, South Africa, the United States and Nigeria. The company promotes intercontinental interconnection, driving digital and economic development, and ranks among the top 25 internet service providers in the world today. 

*The Center for Applied Internet Data Analysis (CAIDA) 2023 

For more information, visit the website: www.AngolaCables.co.ao 

About TelCables West Africa:
TelCables West Africa is powered by the Angola Cables network, a multinational telecommunications company operating in the wholesale market. The company operates connectivity, IT solutions and services as well as international data circuit capacity and IP Transit via submarine cables. 

As the most connected network operator in Africa, we provide secure, low-latency direct routes from West Africa to the USA and South America and from West Africa to London. With our presence across a number of Nigerian IP hubs from Lekki, WACS CLS, Medallion DC, Rack Centre and others, and connections across Africa via the Djoliba network, we can connect your business to the world. 

For more information, visit the website: https://TelCables.ng/  

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Africa Finance Corporation Appoints Ireti Samuel-Ogbu as Chair of Board of Directors

Location: Business
Africa Finance Corporation (AFC)

Africa Finance Corporation (AFC) (www.AfricaFC.org), the continent's leading instrumental infrastructure solutions provider, today announced the appointment of Mrs Ireti Samuel-Ogbu as Chair of its Board of Directors. She succeeds Mr. Emeka Emuwa who has completed 12 years of meritorious service to the Corporation.

Mrs. Samuel-Ogbu brings a wealth of experience spread over three decades leading and transforming the banking sector in Europe, Middle East, and Africa. Until recently, she led Citi's institutional businesses in Nigeria and Ghana, with oversight across Banking, Markets and Services. During this period, she steered the franchise through significant macroeconomic and regulatory headwinds, strengthening its strategic momentum and resilience.

Her international career within Citibank included senior leadership roles across over 50 countries in the Europe, Middle East, and Africa region, during which time she worked in the United Kingdom, Nigeria, and South Africa.

Mrs. Samuel-Ogbu has extensive boardroom experience including Citibank Nigeria where she was a Non-Executive Director for 6 years and Chair of the Risk Committee prior to becoming the Managing Director. She also served on the board of CHAPS Clearing UK, the high value payment system now operated by the Bank of England and a UK-based charity, Opportunity International. Her extensive experience and unwavering dedication to the advancement of Africa make her a valuable asset to AFC at a time when the Corporation is more committed than ever to accelerating Africa's transformation through bold investments, innovative financing models and catalytic partnerships.

AFC recently delivered a record-breaking FY2024 financial performance, with total revenue increasing by 22.8% to US$1.1 billion, surpassing the US$1 billion milestone for the first time. This strong performance was driven by several transformational projects including acting as the Lead Project Developer for the Lobito Corridor, a transformative multi-country transport network connecting Angola, Zambia and the Democratic Republic of Congo (DRC), financing of the expansion of the Kamoa-Kakula Copper Complex in the DRC — one of the world's highest-grade, low-carbon underground copper mines and financing support for the commissioning of the Dangote Refinery, the largest in Africa.

Speaking on the appointment, Samaila Zubairu, President & CEO of AFC, said: " We are delighted to welcome Mrs Ireti Samuel-Ogbu as Chair of the Board. Her wealth of experience, visionary leadership and deep understanding of Africa's financial landscape will be invaluable as we navigate our next phase of growth- expanding our impact, mobilising urgently needed capital and delivering transformative projects that enable inclusive and sustainable prosperity across the continent.”

Mrs Ireti Samuel-Ogbu commented: “I am honoured to take on the role of Chair at AFC, an institution that serves as a trusted bridge between international capital and Africa's dynamic growth opportunities. I look forward to working closely with the board, management, and all stakeholders to advance the Corporation's mission and strengthen its role as the leading provider of strategic, investment-driven solutions that unlock Africa's full economic potential.”

Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

Media Enquiries:
Yewande Thorpe
Communications
Africa Finance Corporation
Mobile +234 1 279 9654
Email: yewande.thorpe@africafc.org

About AFC:
AFC was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. AFC's approach combines specialist industry expertise with a focus on financial and technical advisory, project structuring, project development, and risk capital to address Africa's infrastructure development needs and drive sustainable economic growth.

Seventeen years on, AFC has developed a track record as the partner of choice in Africa for investing and delivering on instrumental, high-quality infrastructure assets that provide essential services in the core infrastructure sectors of power, natural resources, heavy industry, transport, and telecommunications. AFC has 45 member countries and has invested over US$15 billion in 36 African countries since its inception.

www.AfricaFC.org

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2.5 MTPA in Gas Output Feasible for Namibia, Says NAMCOR

Location: News
African Energy Chamber

The National Petroleum Corporation of Namibia (NAMCOR) has revealed that the country could produce more than 2.5 million tons of natural gas per year, based on early-stage assessments of recent discoveries made since 2022.

Speaking during a panel discussion on gas monetization strategies at the Namibia International Energy Conference on April 24, Mtundeni Ndafyaalako, Executive of Upstream Development & Production at national oil company NAMCOR, outlined a dual-pronged approach adopted by the corporation.

The first pillar focuses on leveraging legislative frameworks to enable coordinated infrastructure development, fostering collaboration among operators. The second emphasizes expanding exploration activities to unlock further resources.

“We have launched a gas monetization strategy project to support both government and industry on how best to commercialize gas. From our appraisals, we now have a clearer picture of production potential and various applications,” said Ndafyaalako, noting that the strategy is designed to attract new players and investment by clarifying monetization pathways.

Manfriedt Muundjua, Deputy General Manager at BW Kudu, reinforced the importance of integrating four pillars of local content – training, skills transfer, local procurement and local ownership – into the broader gas development framework.

Muundjua shared that BW Kudu is placing Namibian interns in every technical role currently held by international staff, supporting long-term local capacity building. He also emphasized the urgent need for downstream investment and infrastructure development.

“We already have a downstream investment partner lined up to join us once production at Kudu begins,” he said.He added that drilling of additional wells is scheduled to begin in October, supporting NAMCOR's emphasis on continued exploration to identify new reserves.

Paul Eardley-Taylor, Head of Oil & Gas Coverage for Southern Africa at Standard Bank, highlighted the need for a "shadow infrastructure" – potentially led by public-private partnerships – in southern Namibia to address energy shortages through gas utilization. He suggested that oil revenues should be strategically directed toward financing gas infrastructure and fostering local energy markets.

Eardley-Taylor also pointed to the broader regional opportunity, suggesting that Namibia could assume a role once held by South Africa as the region's primary energy supplier, particularly as critical mineral projects are willing to pay a premium for stable power supply.

Meanwhile, Ian Thom, Research Director for Upstream at Wood Mackenzie, expressed confidence that Namibia could implement a comprehensive Gas Master Plan within the next nine months. With only 59% of the population currently connected to the electricity grid, Thom underscored the potential of gas to dramatically increase energy access across residential, commercial and industrial sectors.

“Namibia could generate more value by exporting electricity rather than raw gas, given the limited infrastructure for gas exports and the high costs associated with building it,” Thom said.

Looking ahead, the upcoming African Energy Week (AEW): Invest in African Energies conference – set to take place from September 29 to October 3, 2025, in Cape Town – will spotlight Namibia's gas developments and broader African opportunities The event will feature panel discussions, project showcases, deal signings and high-level networking sessions that connect African energy projects with global investors.

AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Distributed by APO Group on behalf of African Energy Chamber.

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Cross Switch Solidifies Market Position With New Payment Licence in South Africa

Location: Business
Cross Switch

Cross Switch (www.Cross-Switch.com), a leading provider of innovative payment solutions, has reached a significant milestone by securing its own Third-Party Payment Processor (TPPP) licence.

The TPPP, issued by the Payments Association of South Africa (PASA) and sponsored by Absa, is a regulatory status that strengthens Cross Switch's position in the payments ecosystem. This achievement complements Cross Switch's recent certification as a Visa Payment Facilitator (PayFac).

Cross Switch brings a highly flexible payment platform (https://apo-opa.co/3GA0r1Q) to South Africa, enabling business scalability and growth. The company can now independently onboard merchants, fintechs and charities, substantially enhancing its service offering and announcing itself as an essential player in the South African payments landscape.

By obtaining an all-important TPPP licence, Cross Switch has reinforced its commitment to delivering quality, compliant and flexible payment solutions tailored specifically for South Africa's private and charitable sectors.

Cross Switch's entry as a licensed provider brings an adaptable API that allows South African merchants to transact seamlessly on the African continent, including in key markets such as South Africa, Kenya, Morocco and Ivory Coast. For merchants looking to expand into Latin America, Cross Switch also offers Argentina, Brazil, Mexico and Chile — with new countries, both in Africa and in other emerging markets, to be announced very soon!

“This is a vital step in expanding our network and strengthening our presence across the continent,” said Mark Chirnside, CEO of Africa, Cross Switch. “By enabling local merchants with multiple payment options, we're empowering African businesses with the tools to reach broader markets and unlock growth opportunities.”

Cross Switch now enables South African businesses to confidently target rapid expansion and deeper market penetration through frictionless access to local and international payment methods via its flexible API (CS+). The single API empowers merchants to accept payments across Africa and LATAM, and accept the local payment methods.

Cross Switch's immediate future in South Africa involves accelerating merchant onboarding. Contracts already signed represent a client base exceeding 1,000 merchants in South Africa. To complement over 1,000 merchants already using CS+ on the Continent.

Securing this licensing is a significant step forward in the Cross Switch journey. The company strives to realise its vision of delivering modern payment solutions that meet the varied needs of merchants and non-profits. The company's highly flexible payment platform drives financial inclusion and business scalability.

The company is also committed to expanding rapidly, enhancing its payment methods, and integrating advanced reconciliation engines — all underpinned by rigorous fraud prevention and risk management systems.

“Investing in South Africa is a strategic priority for Cross Switch,” said Tim Davis, Group CEO of Cross Switch. “We're resourcing up locally to ensure we're ready to meet growing demand, and this licence and certification enable us to deliver world-class payment services that are both agile and scalable.”

Cross Switch invites businesses interested in exploring robust and flexible payment solutions to connect directly at https://apo-opa.co/4jrGOrw to learn how its tailored offerings can support and amplify their operational ambitions.

Distributed by APO Group on behalf of Cross Switch.

Contact
South Africa: (+27) 21 205 5818
Luxembourg: (+352) 2088 1454
https://apo-opa.co/4jrGOrw

About Cross Switch:
Cross Switch is a payments technology company founded in 2022, operating across emerging markets, with active operations in South Africa, Kenya, Morocco, Ivory Coast and across Latin America. It provides flexible, secure and scalable solutions that support both local and cross-border transactions, helping merchants, fintechs and non-profits expand their reach and streamline their operations. Cross Switch is committed to driving financial inclusion and growth through collaboration, robust infrastructure, high service levels and a strong focus on emerging market needs.

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AMW to Spotlight Investor Strategies Driving Africa’s Mineral Industrialization

Location: Business

Energy Capital & Power
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African Mining Week (AMW) – taking place from October 1–3, 2025, in Cape Town – will connect global investors with high-impact opportunities across Africa's mining sector, spotlighting the strategies fueling the continent's mineral industrialization.

A key highlight of the event will be a high-level panel, The Investor Perspective: Financing Africa's Mineral Industrialization. The session will explore the evolving investment landscape and examine diverse financing mechanisms – including bank loans, private equity, venture capital and impact investing – that are mobilizing capital into African mining.

DFIs Drive Infrastructure Investments

Attracted by strong returns and Africa's long-term growth potential, development finance institutions (DFIs) are ramping up investments into the continent's mining infrastructure. In March 2025, the African Development Bank approved a $150 million loan to Mauritania's state-owned mining company SNIM and committed $500 million to the Lobito Corridor – a strategic railway project linking Angola, the DRC and Zambia to international markets. Meanwhile, the Africa Finance Corporation (AFC) is backing several critical mineral projects, including Nyanza Light Metals' $780 million PGMs facility in South Africa, Gecamines' expansion in the DRC, Giyani Metals' manganese development in Botswana and FG Gold's project in Sierra Leone. Between 2014 and 2024, AFC invested over $1 billion into Africa's mining sector. The U.S. International Development Finance Corporation (DFC) is also deepening its commitment, providing more than $750 million toward the Lobito Corridor, $34 million for Pensana's Longonjo rare earths project in Angola and $3.2 million to Chillerton's green copper development in Zambia.

Geopolitics and African Prospects

Geopolitical shifts are intensifying the global race for Africa's critical minerals, vital for the energy transition and digital economy. From 2019 to 2023, companies from the United Arab Emirates committed over $110 billion to African projects. In early 2025, UAE-based Ambrosia Investment Holding acquired a 50% stake in Allied Gold's projects in Ethiopia and Mali, investing $375 million to scale up gold production. Canadian mining investment on the continent has now surpassed $37 billion, with companies like Ivanhoe Mines, Fortuna Silver, Pioneer Lithium and Trigon Metals leading expansion efforts. Similarly, Australia's mining footprint in Africa reached $60 billion in asset value in 2024, supported by firms such as Sovereign Metals, Cazaly Resources and Atlantic Lithium.

Private Placements

Private placements are emerging as a preferred capital-raising vehicle for mining ventures across Africa. Companies including Zanaga Iron Ore, Moab Minerals, Global Atomic Corporation, Premier African Minerals and Trigon Metals are leveraging this mechanism to fast-track project development and attract investor interest. As ESG criteria take center stage in investment decision-making, AMW will serve as a platform for financiers and project developers to engage on sustainability metrics, transparency and responsible investing.

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

African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com. To download the working program, please visit www.African-MiningWeek.com

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