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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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Radisson Hotel Group Leads Hospitality Growth in Africa With the Most Hotel Openings

Location: Business
Radisson Hotel Group

Radisson Hotel Group (www.RadissonHotels.com) continues to solidify its leadership in Africa's hospitality landscape, with its top ranking in W Hospitality Group's (https://W-HospitalityGroup.com) 2024 “From Pipeline to Reality” report for achieving the most hotel openings across the continent within the year. Building on this momentum during the first quarter of 2025, Radisson Hotel Group announces its market entry into the Democratic Republic of Congo with two landmark signings, while further strengthening its presence in Central Africa with the signing of Radisson Blu Hotel & Apartments, Yaoundé in Cameroon.

With 11 hotel signings and 7 openings over the last 15 months totaling over 2,000 signed and 1,500 opened rooms, 1,000 through conversions, the Group has strengthened its position as the leading hotel company in Africa, with a diverse portfolio of 100 hotels across more than 30 countries. This growth reflects the Group's focused expansion strategy, strong local partnerships, and continued success in delivering high-impact conversions.

“In line with our global achievements, over the last 15 months, we have achieved remarkable growth across Africa. We expanded into new markets like Tanzania, Conakry, and the Democratic Republic of Congo, further cementing our position as the most diverse hotel company across the continent in terms of country presence,” said Ramsay Rankoussi, Vice President, Development, Africa and Turkiye, Radisson Hotel Group. “Our pipeline remained the most active in the industry, driving sustained momentum and once again highlighting the quality of our partners and a clear strategy. Once again, we are proud to see our group leading the rankings in Africa. We celebrate these successes and look forward to unlocking continued economic value across the continent.”

Expanding the Footprint: New Market Entries and Key Openings

Radisson Hotel Group proudly announces its entry into the Democratic Republic of Congo with the signing of two landmark properties: Radisson Blu Hotel, Kinshasa and Radisson Hotel Lubumbashi, further strengthening the Group's presence in Central Africa.

Radisson Blu Hotel, Kinshasa – Opening late 2026
Strategically located on Boulevard Colonel Tshatshi in the Gombe district, Kinshasa's prime residential and business area, this upper-upscale hotel will feature 110 elegantly designed rooms, including standard rooms, suites, and a Presidential Suite. Guests can enjoy a variety of dining options, including a Lobby Bar, All-Day Dining Restaurant, and Pool Bar. The hotel's wellness facilities will include a gym, massage rooms, and an outdoor swimming pool with a pool terrace. Its modern meeting and event spaces will feature an event hall and pre-function area, ideal for both corporate and social gatherings. The hotel is conveniently situated 32 km from N'djili International Airport, 10 km from N'Dolo Airport, and 6 km from the Gare Centrale train station.

Radisson Hotel Lubumbashi – Opening mid-2027
Located on Revolution Road Avenue in Lubumbashi, the second-largest city in the DRC, this upscale hotel will offer 97 stylish guest rooms, including standard rooms, junior suites, and a Presidential Suite. Culinary offerings will include a Lobby Bar, All-Day Dining Restaurant, and a Rooftop Bar & Grill with panoramic city views. The hotel's meetings and events facilities will comprise three flexible meeting rooms and a dedicated pre-function area. Guests will also have access to a well-equipped gym and a swimming pool. The hotel enjoys a prime location near Kipopo Lake, surrounded by luxury residences and notable landmarks such as Lubumbashi Golf Club and La Plage, and is just 12 km from Luano International Airport.

In Guinea, the Group marked a significant milestone with the opening of the Radisson Blu Hotel, Conakry (apo-opa.co/3S5KC5S), just three months after signing. This contemporary beachfront property, located in the city's vibrant Kipé neighborhood, features 282 stylish rooms, suites, and apartments with sweeping ocean views and convenient access to the city's key business and leisure hubs.

Further strengthening its Indian Ocean portfolio, Radisson Hotel Group signed and opened Crystals Beach Resort Belle Mare, a member of Radisson Individuals (apo-opa.co/4dlCM1x). Located on the east coast of Mauritius, the resort features 234 spacious accommodations, family-friendly amenities, and breathtaking lagoon views, making it a sought-after destination for travelers of all types.

“We've had a successful track record over the past 15 months with our focus on conversions, including Crystals Beach Resort Belle Mare, Radisson Blu Hotel, Conakry, and Radisson Blu Hotel & Convention Center, Tunis (apo-opa.co/4koQYJF)—all fantastic hotels that have further elevated our portfolio in Africa,” added Rankoussi.

Strengthening Strategic Markets and Future Pipeline

In Cameroon, Radisson Hotel Group continues to strengthen its presence with the signing of Radisson Blu Hotel & Apartments, Yaoundé. Scheduled to open by the end of 2026, this 150-room property will be ideally located in the heart of the capital's central business district, just a 30-minute drive from Yaoundé Nsimalen International Airport.

The hotel will feature a vibrant selection of dining venues, including a Lobby Bar, All-Day Dining Restaurant, and a Specialty Restaurant. With 1,350 m² of flexible meetings and events space, as well as premium wellness facilities, including a spa, gym, and a rooftop pool with an expansive pool deck, the hotel is set to become a landmark destination in the city. This signing also reinforces the Group's continued pursuit of growth opportunities across Cameroon, including in the key market of Douala.

Meanwhile, Radisson Hotel Group is also deepening its commitment to key markets across the continent:

  • Morocco: Targeting 30 hotels by 2030, building on an already robust development pipeline.
  • South Africa: Aiming for 25 hotels by 2030, doubling its current footprint.
  • Nigeria: Continuing its growth momentum with multiple developments, alongside strengthening the Group's West Africa presence with its entry into DRC.

“While geographical diversification remains a priority for us, we also see a clear opportunity to consolidate our presence across key markets such as Morocco, Nigeria, and South Africa, each with at least one opening scheduled in 2025. Our results reinforce our brand strength and ability to adapt and grow across diverse markets. We remain committed to expanding our footprint while delivering world-class hospitality experiences across Africa,” concluded Rankoussi.

Distributed by APO Group on behalf of Radisson Hotel Group.

Media Contacts: 
Saadiyah Hendricks
Area Director PR & Social Media, MEA & MED
saadiyah.hendricks@radissonhotels.com

Business Development Contacts:
Ramsay Rankoussi
Vice President, Development, Africa & Turkey
ramsay.rankoussi@radissonhotels.com

Connect with Radisson Hotels on: 
LinkedIn: apo-opa.co/4j9Oz4v
Instagram: apo-opa.co/44E3lwF
X: apo-opa.co/4jX8XHi
Facebook: apo-opa.co/43hBQ9M
YouTube: apo-opa.co/3Fbzql4
TikTok: apo-opa.co/3HbuMnG 

Radisson Hotel Group:
Radisson Hotel Group is a rapidly expanding international hotel group, operating in EMEA and APAC with over 1,520 hotels in operation and under development in +100 countries. The Group's overarching brand promise is Every Moment Matters with a signature Yes I Can! service ethos. 

The Radisson family of brands portfolio includes Radisson Collection, art'otel, Radisson Blu, Radisson, Radisson RED, Radisson Individuals, Park Plaza, Park Inn by Radisson, Country Inn & Suites by Radisson, and Prize by Radisson brought together under one commercial umbrella brand Radisson Hotels.  

Radisson Rewards (apo-opa.co/3ZemGkw) is Radisson Hotel Group's loyalty program, which delivers an elevated experience that makes Every Moment Matter, counting more than 20 million members. As the most streamlined program in the sector, members enjoy exceptional advantages and can access their benefits from day one across a wide range of hotels in Europe, Middle East, Africa, and Asia Pacific. 

Radisson Meetings (apo-opa.co/4j83NHh) provides tailored solutions for any event or meeting, including hybrid solutions placing guests and their needs at the heart of its offer. Radisson Meetings is built around three strong service commitments: Personal, Professional and Memorable, while delivering on the brilliant basics and being uniquely Carbon Compensated.  

At Radisson Hotel Group we care for people, communities and planet (apo-opa.co/4iZqzRn) and aim to be Net Zero by 2050 based on the approved Science Based Targets. With unique solutions such as carbon compensated Radisson Meetings, we make sustainable hotel stays easy. To facilitate sustainable travel choices, all our hotels are becoming verified on Hotel Sustainability Basics. 

The health and safety of guests and team members remain a top priority for Radisson Hotel Group. All properties across the Group's portfolio are subject to health and safety requirements, ensuring we always care for our guests and team members. 

For more information, visit our corporate website (apo-opa.co/3H8NyMt). 

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AMW 2025 to Spotlight the Impact of Gabon’s Mining Code

Location: News
Energy Capital & Power

Gabon strives to expand the mining industry's GDP contribution to over 30% by the mid-2030s, using policies such as the Mining Code to attract investment and fuel development. By offering competitive incentives such as tax holidays ranging from three to eight years and a modest 3-5% royalty on base metals, the Mining Code offers improved terms for investors, thereby providing positive implications for the country's mineral sector.

African Mining Week - Africa's premier gathering for African mining stakeholders, scheduled for October 1–3, 2025 in Cape Town – will provide an overview of Gabon's Mining Code. A dedicated panel discussion, titled Navigating Gabon's Mining Code: A Guide for Investors, will explore how the country is using the Mining Code to catalyze mining development and attract capital.

Already the world's third-largest producer of manganese (apo-opa.co/44ES9QA), Gabon is leveraging the code to strengthen the sector though international partnerships and new investments. French mining major Eramet, operator of the high-grade Moanda Minesin Gabon, signed a manganese supply agreement with Australia's Firebird Metals (apo-opa.co/44yGrXD) to support electric vehicle (EV) battery production in China. Similarly, India's state-run MOIL (apo-opa.co/4koDe1z) is in talks to develop manganese assets in Gabon, highlighting the country's growing role in the global manganese, EV and battery storage market.

Beyond manganese, Gabon is diversifying its mineral production base. Canadian company Millennial Potash Corp (apo-opa.co/43gSiHB) is advancing the Banio Potash Project, where high-grade potash intersections were confirmed in May 2025. Once operational, the project will be Gabon's first commercial potash facility, supplying a global market driven by demand for fertilizers and pharmaceutical applications.

Iron ore is another growth frontier where the country is using the Mining Code to secure investment. In partnership with Australia's Genmin and China's Sinohydro (apo-opa.co/43e25xN), the country is progressing the Baniaka Iron Ore Project, which targets five million tons of annual output initially, ramping up to 10 million tons in the future. Australia's Fortescue is also expanding its Belinga iron ore project while South Africa's Menar (apo-opa.co/3F7k0OO) signed agreements to invest in the sector, illustrating growing investor confidence fostered by Gabon's Mining Code.

Amid this growth, African Mining Week will connect investors, government officials and private sector leaders to advance projects. With a focus on legal clarity, resource potential and project-ready opportunities, the event will foster high-level dialogue and promote Gabon as a rising hub for responsible, high-return mining investment in Africa.

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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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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AEW 2025, Spanish Chamber of Commerce in South Africa Join Forces to Foster Energy Partnerships

Location: Business
African Energy Chamber

The Spanish Chamber of Commerce in South Africa has partnered with the African Energy Week (AEW): Invest in African Energies conference to foster collaboration between Spanish and South African energy companies. The partnership builds on dual goals of driving investment and development in South Africa and will support greater participation by Spanish firms at this year's edition of the conference – scheduled for September 29 to October 3.

As a non-profit entity whose main objective is the promotion of commercial, economic and industrial relations between Spain and South Africa, the Chamber of Commerce seeks to strengthen business prosperity and trade between the two nations. At the heart of this strategy is the energy industry, with the Chamber committing to exposing its members to emerging opportunities in both Spain and South Africa. At AEW: Invest in African Energies, the Chamber will play an instrumental part in strengthening energy relations and trade, supporting market entry by Spanish firms into South Africa.

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.

The opportunities for heightened collaboration between Spain and South Africa are extensive. While Spain is a net-importer of oil and gas, Spanish oil and gas firms have seen great success abroad, highlighting the level of expertise the country has to offer. Spanish companies such as multinational energy and petrochemical firm Repsol already have a strong presence in Africa, offering significant expertise that could help unlock South Africa's energy industry. The company has been active in Algeria since 1973, recently receiving approval to invest up to €731 million in oil and gas blocks in the country. The Chamber has also been active in Libya since the 1970s and is implementing an ambitious exploration agenda in the country. It plans to drill nine wells consecutively via two drilling rigs by November 2025, and aims to increase production to 350,000 barrels per day (bpd) in the country. As of December 2024, production stood at 300,000 bpd.

Meanwhile, for South Africa, which is only just starting to realize the full potential of its oil and gas market, Spanish partnerships could propel a hydrocarbon evolution. Despite being a frontier market, South Africa has proven oil and gas discoveries and significant upside potential. The Luiperd and Brulpadda discoveries, for example, are the largest discoveries of natural gas resources in South Africa to date. Situated in the Outeniqua Basin, operator Africa Oil Corp plans to conduct surveys within the Block 11B/12B area to determine a development plan. Additionally, South Africa's Orange Basin – shared with Namibia where several high-impact finds have been made – offers strategic opportunities for billion-barrel finds. International companies have recently expanded their footprint in the basin, led by firms such as Eco Atlantic, TotalEnergies and QatarEnergy.

In the green energy sector, Spain is spearheading Europe's energy transition through rapid developments in green hydrogen. According to the World Economic Forum, the country already accounts for 20% of green hydrogen projects announced in the European Union, with plans to create industrial clusters expected to bolster the bloc's clean energy adoption. South Africa is also targeting ambitious green hydrogen projects. The government introduced a R300 billion investment pipeline in 2023, targeting between 6 and 13 million tons of green hydrogen and derivatives production per annum by 2050. Up to 19 projects were identified for accelerated development and global support will be key to bring these projects into fruition. In 2023, Spain committed $2.3 billion to help fund South Africa's energy transition, but further support could unlock greater value from the country's renewable energy industry.

“Global partnerships are fundamental for countries seeking to rapidly grow their oil, gas and renewable energy industries. Spain and South Africa have significant potential to expand their trade, energy and business ties, and the Spanish Chamber of Commerce in South Africa works hard to achieve mutual development goals,” states Tomás Gerbasio, VP Commercial and Strategic Engagement, African Energy Chamber. 

Distributed by APO Group on behalf of African Energy Chamber.

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Africa’s Solar Boom: How to Reap the Benefits

Location: Business
CBI-electric: low voltage

With 2.5 gigawatts-peak (GWp) (http://apo-opa.co/4iQtUCp) of solar capacity added across Africa in 2024 and 194.34 GWp expected in 2025, the continent is fast becoming a global hotspot for solar energy growth. Leading this shift are the commercial and industrial (C&I) sectors, where photovoltaic (PV) systems are being installed on-site at businesses, educational institutions, and government facilities to meet their own energy demands.

Dr Andrew Dickson, engineering executive at CBi-electric: low voltage (www.CBi-lowvoltage.co.za), explains that multiple factors are accelerating the continent's switch to solar. “Energy poverty remains a major issue across Africa, with reliable grid electricity reaching only 14% (http://apo-opa.co/4jICofV) of Zimbabweans, for example.”

He adds that unreliable power supply is another key driver. “Persistent nationwide blackouts are affecting countries like Botswana (http://apo-opa.co/3EZvQKM), disrupting day-to-day operations. And in hydro-electric dependent countries such as Zambia (http://apo-opa.co/3RRqvrX), climate change is reducing water levels, leading to lower electricity generation and higher prices.”

Dr Dickson points out that in countries like Namibia which are dependent on electricity imports, affordability is a growing concern, with N$8.8 billion (http://apo-opa.co/3EZvSlS) expected to be spent between January 2024 and December 2025. “As a result, Namibia now has the highest (http://apo-opa.co/3EZvSSU) electricity prices in Southern Africa. Yet it has a unique geographic advantage: its solar PV systems can produce twice (http://apo-opa.co/3EZvSSU) as much electricity as comparable systems in central Europe.”

Some African nations are proactively investing in solar to reduce their grid dependence. “Malawi is rolling out its National Compact for Energy (http://apo-opa.co/3GMlxKC), which creates a competitive framework for private-sector investment in off-grid solar through grants, subsidies, and credit lines that improve access to foreign exchange,” he notes.

Safeguarding solar investments

The shift to solar is also being driven by cost-effectiveness. Dr Dickson shares that on-site solar is now cheaper (http://apo-opa.co/3YDs1BD) than the electricity tariffs paid by C&I clients in at least seven sub-Saharan markets.

Pointing to research by GreenCape (http://apo-opa.co/3Z6UyzC), which found that solar PV can reduce business energy costs by 15%, with a return on investment reached within three to 12 years, he highlights that after that, businesses can benefit from up to 15 years of free electricity.

However, Dr Dickson stresses that unlocking these savings requires protecting system components from damage and disruption. “Voltage spikes caused by lightning or grid instability can seriously damage inverters and batteries. Installing surge protection devices (SPDs) is critical, not just to prevent damage, but also to avoid voiding manufacturer warranties.”

Arcing is another serious threat. “When electrical currents jump across gaps, the heat generated can damage components or even start fires,” he explains. “DC circuit breakers designed specifically for solar systems are essential for mitigating this risk. They're built to handle the direct current generated by PV panels, ensuring safer and more reliable operation.”

Smart tech enables smarter solar use

In addition to physical protection, Dr Dickson advises businesses to embrace smart energy management tools to extend system life and optimise performance. “A smart power indicator can detect grid interruptions and send immediate alerts, helping businesses respond quickly. These systems can temporarily disconnect non-essential high-energy devices during an outage to prevent overload and preserve battery life. At the same time, they ensure that essential systems like security and lighting continue operating during downtime.”

Optimising solar ROI in 2025

He believes that the key to unlocking solar's full potential lies in strategic system design and management. “By combining surge protection, DC breakers, and monitoring tools, businesses can reduce unexpected costs, minimise downtime, and extend the life of their investment.”

“As Africa's solar energy market continues to expand in 2025, organisations have an opportunity to capitalise on its long-term benefits. With the right technologies and safeguards in place, solar is not only a clean energy solution it's a strategic asset that pays off,” concludes Dr Dickson.

Distributed by APO Group on behalf of CBI-electric: low voltage.

About CBi-electric: low voltage:

  • Established in 1949, CBi-electric: low voltage is a manufacturer and supplier of quality low voltage electrical distribution, protection, and control equipment. Previously known as Circuit Breaker Industries or CBI, the company specialises in the design, development, and manufacturing of circuit breakers, residential current devices, surge protection, wiring accessories, and metering products.
  • Headquartered in Johannesburg, South Africa, the company is a subsidiary of renowned JSE listed industrial group Reunert (http://apo-opa.co/4iV5abY), established in 1888, with international operations across Africa, Asia, Australia, Europe, and USA.
  • CBi-electric: low voltage can be found in almost every home and has firmly become a market leader over the last 75 years while supplying products to authorities, utilities, manufacturers, commercial property developers, industrial, mining, telecommunications, and general power distribution applications.
  • In 2021, the brand launched its smart IoT (internet-of-things) home automation range, called the Astute Range.
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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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Africa Energies Summit in London Must Prioritize Hiring Black Africans

Location: Business
African Energy Chamber

In the evolving and competitive energy landscape of Africa, the Frontier and Africa Energies Summit in London holds a critical position, drawing substantial revenue from the continent's thriving markets. However, there is a glaring issue that the organization cannot afford to ignore: the lack of Black Africans in its workforce. This absence raises serious concerns about the company's commitment to diversity and inclusion, and it's time for Africa Energies Summit to address this inequality. The African Energy Chamber (https://EnergyChamber.org) has issued a direct call for action, urging the summit to rectify this imbalance by hiring Black Africans.

It is deeply disappointing that, despite reaping significant benefits from Africa's economic contributions, Frontier and Africa Energies Summit in London has failed to reflect the continent's rich diversity by hiring Black employees. The company continues to prioritize personal networks in its hiring practices, which perpetuates exclusionary systems. As a result, many highly qualified Black Africans, with the necessary skills and experience, are left outside the company's inner circle.

This issue becomes even more perplexing when we consider that Black Africans are not merely passive participants in the success of the Africa Energies Summit; they are active sponsors and contributors to its events and programs. This contradiction calls into question the sincerity of the company's commitment to inclusivity and raises concerns about the integrity of its diversity policies.

NJ Ayuk, Executive Chairman of the African Energy Chamber, has highlighted the remarkable progress of the Oil and Gas industry in promoting Africans, especially women, into leadership positions. He praises the industry for fostering entrepreneurship and providing opportunities for Africans to rise to the top. This success serves as a stark reminder that Africans, especially African women, are not only capable but essential to the success of organizations operating within the continent.

The African Energy Chamber believes firmly that Black Africans possess the expertise, leadership qualities, and vision required for positions at the highest levels within the Africa Energies Summit. Inclusion is not just a matter of social justice—it is a strategic necessity for a company that depends heavily on Africa's energy market for its revenue. It is time for Frontier and Africa Energies Summit in London to move beyond lip service and show real, meaningful commitment to diversity by empowering Africans within its workforce.

The issue at hand goes beyond tokenism; it speaks to the very principles of fairness and equal opportunity. The idea that Africans can contribute to the financial success of the company through large exhibitions, yet are denied equal representation within the organization, is both unacceptable and unsustainable. The time to act is now, and this imbalance must be addressed without delay.

While it may be uncomfortable to raise these concerns, the African Energy Chamber is committed to shining a light on uncomfortable truths within the industry. The progress made in the Oil and Gas sector—particularly in the hiring, training, and promotion of Africans—demonstrates that genuine diversity efforts lead to entrepreneurial success and organizational growth. The African Energy Chamber urges Africa Energies Summit in London to adopt similar practices and take lessons from the success stories in the Oil and Gas industry.

Countries such as South Africa, Nigeria, Angola, Gambia, Sierra Leone, Kenya, Ghana, Namibia, and Tanzania—along with others that actively support the summit and participate in its events—deserve to see their talent represented at the highest levels of the organization. Africa Energies Summit must step up and ensure that the diversity it benefits from in its African markets is reflected in the diversity of its workforce.

"Frontier makes a huge part of its revenue from Africa, yet no Black people are hired within the company. They hire people they know, trust, and like, but we are not part of that circle. I am deeply disappointed. Black Africans are major participants and sponsors of their programs. I believe we are more than capable of doing the job, but there has been no true commitment to hiring or promoting us. We also need to have a serious conversation about why Africa Energies Summit in London isn't hosted in Africa," said NJ Ayuk, Executive Chairman of the African Energy Chamber.

The African Energy Chamber calls on Africa Energies Summit in London to recognize the urgent need to address the underrepresentation of Black Africans in leadership roles within its organization. This is a critical opportunity for the summit to prove its commitment to true diversity and inclusivity by embracing the talents, skills, and potential of Africa's brightest minds.

Distributed by APO Group on behalf of African Energy Chamber.

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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/  

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

Experts Convene in Washington to Advance Dialogue on an African-Led Credit Rating Ecosystem

Location: News
AfriCatalyst

With more than 30 African countries subject to sovereign credit ratings, the decisions of global rating agencies significantly impact debt sustainability and access to international financial markets. At a high-level dialogue held on the sidelines of the 2025 IMF–World Bank Spring Meetings, African institutions and global credit rating agencies reaffirmed their commitment to developing a fair, transparent, and inclusive credit rating ecosystem for Africa.

Organized by the African Union's African Peer Review Mechanism (APRM), the United Nations Development Programme (UNDP), the United Nations Economic Commission for Africa (UNECA), AfriCatalyst, and the African Center for Economic Transformation (ACET), and hosted at the Open Society Foundations, the dialogue brought together senior representatives from Moody's, S&P, and Bank of America for a candid discussion on financing solutions for African countries.

Against a backdrop of rising market volatility, sovereign defaults and constrained fiscal space, the dialogue aimed to address urgent reforms in Africa's credit rating framework. Speakers identified structural issues such as data gaps, methodological opacity, and under-engagement between African governments and the ‘big three' credit rating agencies (Moody's, S&P, and Fitch), as barriers to accurate ratings.

Amb. Claver Gatete, Executive Secretary of UNECA, acknowledged Africa's financing paradox—a combined GDP of over $3 trillion, yet only two countries rated investment grade—and underscored the urgent need for reform. “Ultimately, a healthy credit rating ecosystem goes beyond evaluating risk – it becomes a platform for mobilizing capital, improving creditworthiness, and supporting Africa's broader development goals,” he added.

“We must rethink how creditworthiness is defined and measured,” said Dr. Raymond Gilpin, Chief Economist, UNDP Africa speaking on behalf of Ms. Ahunna Eziakonwa, UNDP Regional Director for Africa. “At UNDP, we believe a development-centric approach is essential to supporting governments in strengthening institutions, improving data systems, and engaging effectively with credit rating agencies to reshape the narrative around Africa's creditworthiness.”

African economies face mounting credit rating challenges, including perceptions of bias, lack of transparency and inconsistencies in rating methodologies. Dr. Misheck Mutize, Lead Credit Rating Expert at APRM, and Dr. Zuzana Schwidrowski, Director of Macroeconomics, Governance and Finance at UNECA, proposed solutions to addressing the capacity of African governments to respond to inaccurate or unfair credit ratings and steps toward creating an African Credit Rating Agency that complements and expands existing credit ratings coverage globally.

Mr. Roberto Sifon-Arevelo, Managing Director at S&P Global Ratings, Mr. Jorge Valez, Senior Vice President at Moody's Ratings, and Dr. Tatonga Rusike, Chief Economist for Africa at Bank of America, outlined opportunities to remedy longstanding risk perception issues and working together with banks and investors to build capacity  and a better understanding of rating methodologies to address transparency. They further emphasized that while sovereign credit ratings are not the sole determinant of investor decisions, they exert significant influence over borrowing costs, market confidence, and access to capital.

"Given the ongoing stress in African governments related to both cost of capital and access to capital it is critical to ensure that credit ratings reflect the many different African contexts. This initiative is an important step in that regard - particularly engaging the credit rating agencies," shared Ms. Mavis Owusu-Gyamfi, President and CEO of ACET.

“The Africa Credit Rating Agency (AfCRA) is not being established to issue favourable ratings for African entities, but rather to contribute to a diversity of rating opinions that support more accurate assessments of African sovereigns, corporates, and sub-sovereigns,” expressed Dr. Mutize. “Our priority is to build a credible, independent, and sustainable institution that plays a vital role in developing domestic debt markets and rebalancing Africa's position within the evolving global financial architecture.”

In his closing remarks AfriCatalyst's CEO Dr. Daouda Sembene stressed the urgent need for collaboration among African institutions. “AfriCatalyst is proud to be at the heart of this critical dialogue, building on the foundation of our Credit Ratings Initiative with UNDP. We are optimistic that through stronger collaboration between African institutions and global rating agencies, we can foster a more accurate, robust, and representative credit rating ecosystem—one that empowers African nations and promotes sustainable growth.” said Daouda.

Key messages included the need for: transparent and regular engagement between rating agencies, investors, and African governments; stronger institutional narratives that reflect the continent's resilience and reform efforts; and local capacity-building and collaboration, particularly through the proposed African Credit Rating Agency, which aims to provide credible, contextual alternatives to global ratings.

As South Africa chairs the G20 and the African Union assumes permanent membership in 2025, the call for an African-led credit rating solution takes on added urgency. The outcomes of this dialogue will contribute to ongoing efforts to reform the global financial architecture and ensure Africa's capital works better for Africa's development.

Distributed by APO Group on behalf of AfriCatalyst.

Media Contacts:
Bineta Pouye
bpouye@africatalyst.com

Michelle Mendi Muita
michellemendi.muita@undp.org

Ejigayhu Tefera
ejigayhu.tefera@aprm-au.org

Jean-Marc Kilolo
jean-marc.kilolo@un.org

Belinda Ayamgha
bayamgha@acetforafrica.org

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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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Tourism Committee Calls on Department to Provide Committee With a Briefing on Its Partnership Model

Location: News

Republic of South Africa: The Parliament
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The Department of Tourism and its entity, South African Tourism (SAT), appeared before the Portfolio Committee on Tourism yesterday to present their annual performance plans for the 2025/26 financial year and their strategic plans for 2025–2030, which aim to situate South Africa as a preferred and competitive tourism destination regionally, continentally and globally.

The department assured the committee that, unlike before, its strategy is aligned to the government's Medium-Term Development Plan and will have the capacity to deliver the strategy as planned.

The department said it provides small, medium and micro enterprises in the sector with financial and non-financial capabilities required for them to become financially literate. It also helps these enterprises to develop business plans, market their products and run their businesses profitably while using digital technology to bring about transformation, inclusivity and beneficiation of youth, women and people living with disabilities in the tourism sector.

The committee Chairperson, Ms Lungi Mnganga-Gcabashe, told the department to brief the committee on the partnership model it has with critical stakeholders and how it intends to use its marketing budget to leverage these partnerships and synergies to enhance its tourism assets, products and services. The briefing must also include a timeline on when it intends to implement its digital transformation strategy.

Ms Mnganga-Gcabashe also urged the department to set clear guidelines and milestones on when it intends to present the Tourism Amendment Act before the committee and when it will be introduced as an act of law.

In its presentation, SAT stated that its 2025–2030 strategic mission is to enhance South Africa's profile as leading regional, continental and global tourism destination. This it will achieve by ensuring that its platforms provide a high quality and inclusive visitor experience, while ensuring organisational excellence and a high-performance culture along with knowledge-driven marketing and quality assurance strategies.

Ms Mnganga-Gcabashe reiterated that digital marketing should be at the core of SAT's marketing strategy given its unparallel reach in disseminating tourism products and assets regionally, continentally and globally.

Distributed by APO Group on behalf of Republic of South Africa: The Parliament.

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Verdant Capital Ranked 2nd in Dealmakers Africa League Table for East Africa

Location: News
Verdant Capital

Verdant Capital (www.Verdant-Cap.com) has been ranked second in the Financial Advisers (Transaction Flow) category for East Africa at the 2024 DealMakers AFRICA Awards, under the General Corporate Finance sector. This ranking is the 5th year in the row that Verdant has ranked in the top 3 in the DealMakers Africa East Africa league able, demonstrating the firm's consistent excellence in this market. This accolade highlights the firm's growing influence and consistent performance in East Africa's corporate finance space.

The DealMakers rankings are the authoritative rankings for finance professionals in the African continent, across financial advisory, sponsor services, legal and transaction services / financial due diligence. Awards are among the most prestigious in the inve industry, celebrating firms that demonstrate excellence in advisory services, transaction execution, and overall impact in mergers and acquisitions, capital raising, and other corporate finance activities. Rankings are based on the volume and value of completed deals, with Verdant Capital's second-place ranking reflecting a year of strong strategic advisory and client-focused execution.

In 2024 Verdant Capital, which is also trading under the Verdant IMAP brand, advised on transactions in sectors including financial services, fintech, agriculture, automotive, digital infrastructure and others, in East Africa, West Africa, Southern Africa and South Africa, transacting with corporates and financial investors from across Africa and from around the World.. The firm's deep market knowledge and expertise in mid-market transactions position it as a trusted adviser to companies, investors, and development finance institutions in East Africa and further afield. The firm continues to expand its regional presence, supporting clients with tailored financial solutions that drive meaningful impact across the continent.

Distributed by APO Group on behalf of Verdant Capital.

Media Enquiries:
Verdant Capital:
Orient Mahonisi
T: +27 10 140 3700
E: orient.mahonisi@verdant-cap.com

About Verdant:
Verdant IMAP is a leading investment bank operating on a Pan-African basis and specialising in private capital markets. Verdant IMAP is the IMAP firm for its region; IMAP established in 1973, with 40 partner firms in 50 countries, with over 600 investment bankers and completing over 250 M&A transactions per year is the largest global M&A partnership.  Verdant IMAP is a division of Verdant Capital.  Verdant Capital is the manager of the Verdant Capital Hybrid Fund is investing mezzanine capital into inclusive financial institutions on a pan-African basis. www.Verdant-Cap.com

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AI Powers Innovation, Efficiency and Growth in African Mining

Location: News

Energy Capital & Power
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African mining projects are increasingly incorporating artificial intelligence (AI) to streamline operations and meet ambitious production targets set by governments across the continent. As the mining industry undergoes a digital transformation, the upcoming African Mining Week (AMW) will highlight the pivotal role of AI and other digital tools in optimizing exploration and production processes, with a view to unlocking new mineral reserves, reducing costs and enhancing worker safety.

Botswana Diversifies Mineral Portfolio

In Botswana, Botswana Diamonds is expanding its mineral portfolio beyond diamonds with an AI-based nationwide exploration campaign launched in August 2024. By March 2025, the company identified potential deposits of besshi, greenstone, Mississippi Valley-type lead and zinc, SEDEX and platinum group metals (PGMs). To capitalize on these discoveries, Botswana Diamonds has applied for 11 new prospecting licenses. John Teeling, Chairman of Botswana Diamonds, stated: “During the initial analysis of the big database, it became clear that the AI technology could be used to identify other unknown minerals opportunities… Our analysis so far has identified a series of targets in copper cobalt, zinc and gold.”

KoBold Advances Zambia's Critical Mineral Market

U.S.-based startup KoBold Metals is applying AI to enhance critical mineral exploration and mine development in Zambia. In January 2025, KoBold raised $537 million in new capital, bringing its total funding to $1 billion. The company is developing one of the world's largest untapped copper basins in Zambia, with plans to produce 300,000 tons annually by 2030 from its $2 billion Mingomba Project. Additionally, KoBold Metals is exploring the Dumbwa Mine and Konkola West Project, contributing to Zambia's goal of reaching 3 million tons of annual copper production by 2031.

Kilken Platinum Drives Mine Expansion

In South Africa, Kilken Platinum is utilizing AI to optimize operations at its Thabazimbi processing plant in Limpopo as part of an expansion plan to double PGM production to 83kgs per month. The project has already increased output to 40kgs in its initial phase. Dondo Mogajane, CEO of Kilken Platinum's parent company Moti Group, emphasized that AI enables real-time tracking of production metrics and ensures strict adherence to safety protocols.

Beyond these projects, Rio Tinto subsidiary Richards Bay Minerals is employing AI for ore body modeling, equipment dispatch management and blast control at its mines in KwaZulu-Natal, South Africa. In the Democratic Republic of Congo, Glencore is leveraging digital technology to streamline critical mineral exploration as part of its Phase 2 expansion at the KTO copper and cobalt project. AMW 2025 will feature high-level discussions focused on AI's impact on industry growth, investment opportunities for technology providers and the broader economic benefits of digital transformation in mining.

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.

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

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African Farmout Forum Returns to AEW 2025, Showcasing Emerging Block Opportunities

Location: Business
African Energy Chamber

The African Farmout Forum will return to African Energy Week (AEW): Invest in African Energies in 2025, offering a collaborative platform for international oil companies, national oil companies and upstream regulators to present their projects and block opportunities to a global audience. Led by global energy advisor Moyes & Co; independent A&D advisor Envoi Limited; and oil and gas asset platform FarmoutAngel, the forum serves as the premier platform to secure partnerships and deals across Africa's upstream sector.  

Over the years, the African Farmout Forum has played a vital role in facilitating farm-in agreements in both emerging and mature hydrocarbon markets. During the 2024 edition, promoted blocks spanned across Somalia, Morocco, Ghana, Nigeria, Sierra Leone, Equatorial Guinea, Namibia, Cameroon, São Tomé and Príncipe, Angola, the Democratic Republic of the Congo and Senegal, with two additional onshore blocks presented in Timor-Leste. An even wider range of opportunities is anticipated in 2025 as operators seek capital and technical expertise to advance new projects.   

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

Africa's upstream oil and gas sector is entering a new growth phase. According to the African Energy Chamber's (AEC) State of African Energy 2025 Outlook, upstream capital expenditure is projected to reach $43 billion in 2025, climbing to $54 billion by 2030. West and North Africa are set to lead this surge, accounting for half of the total spend.  

While offshore developments have led investment since 2023, the outlook suggests a balancing trend, with onshore and offshore spending expected to converge as interest grows in underexplored onshore acreage. Notable hotspots include North Africa, where Egypt and Algeria are witnessing heavy-capital flows; West Africa, with a surge in spending in Ivory Coast; and Southern Africa, led by markets such as Namibia – targeting first oil by 2029 – and Angola. An uptick in spending has also been registered in Zimbabwe (onshore) and South Africa (offshore).  

Amid this growth, Africa's M&A activity is gaining momentum. The first half of 2024 saw M&A deals surpass 2023 totals, with $12.7 billion in deals by July. With approximately $16 billion worth of assets holding over three billion barrels of oil equivalent resources currently on the market, African upstream M&A activity is expected to remain robust through 2025.  

The 2024/2025 period will also see more than 11 licensing rounds launched across the continent as governments aim to sustain or expand production. In North Africa, Libya launched a 22-block bid round in April 2025 as part of a strategy to boost oil output to two million barrels per day. Egypt recently closed submissions for its 12-block licensing round covering the Mediterranean and Nile Delta regions, while Algeria has extended the deadline for its latest round – offering six onshore blocks – to June 2025.  

In West Africa, Mauritania is expected to auction 15 offshore blocks in 2025 while Liberia has 29 offshore blocks on offer as part of a direct negotiation round. In southern Africa, Angola is preparing to launch its 2025 licensing round, while Namibia has introduced a new open-door licensing system to encourage exploration. Tanzania is promoting 24 oil and gas blocks, while South Africa is on track to open new offshore and onshore acreage in 2025.  

These rounds signal a wealth of new farm-in and partnership prospects, with the African Farmout Forum positioned to highlight the continent's most promising hydrocarbon basins. Featuring 7-minute deal pitches, a wall of farmouts and curated networking opportunities, the forum will catalyze upstream investment and deal-making in Africa. 

“The African Farmout Forum has become a strategic platform for companies to engage, foster partnerships and sign deals. By offering insight into strategic blocks, emerging basins and upcoming farm-in opportunities, the forum promotes collaboration at Africa's largest energy event,” states Tomás C. Gerbasio, VP Commercial and Strategic Engagement at the AEC.  

Distributed by APO Group on behalf of African Energy Chamber.

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Africa’s Coffee Culture Comes Home

Location: Business

International Trade Centre
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South Africa, Uganda and Kenya topped the podium at this year's Africa Barista Championship. But the real winner at this year's Africa Barista Championship was African coffee culture itself.

From 24 to 28 February 2025, the scent of homegrown coffee filled the air in Dar es Salaam, as 23 baristas from 14 countries competed for continental recognition before packed crowds. Held alongside the 21st African Fine Coffees Conference and Exhibition (AFCA), the event marked a turning point: a bold celebration of local talent, regional markets, and Africa's fast-growing appreciation for its own specialty coffee – especially robusta.

‘This isn't just about coffee-making,' said Régine Léonie Guion-Firmin, an Authorized Specialty Coffee Association trainer (AST) based in Nairobi, Kenya. ‘It's about youth creating new career paths, fostering café culture, and driving demand for high-quality, locally produced coffee. You could feel the energy and pride.'

Behind the spotlight on brewing mastery, a deeper transformation was underway. With growing consumer interest across the continent, local roasters, baristas and entrepreneurs are championing African coffee for African consumers – redefining value not through export alone, but through domestic engagement.

In Cameroon, Thierry Djanga of TerrifiCoffee is part of that movement. His coffee placed second in a tasting competition at the event, but his priorities lie closer to home.

‘I'm happy to pay a premium for quality robusta from African producers,' he said. ‘Not just to export it, but to serve it locally. Consumers here are ready to pay for excellence. It's a virtuous circle that benefits everyone.'

The event also spotlighted technical capacity-building. A Barista Bootcamp, co-led by the International Trade Centre (ITC) and the Robusta Coffee Agency of Africa and Madagascar (ACRAM), trained more than 20 baristas in sensory analysis and brewing techniques aligned with World Barista Championship standards. The initiative, part of the ACP Business-Friendly programme, is helping professionalize the coffee sector and deepen local market appreciation for specialty-grade robusta.

Mozambique's participation was an eye-opener for many attendees unfamiliar with the country's emerging coffee sector. Meanwhile, Egypt's growing café scene brought new energy to discussions on regional trade and branding opportunities.

As coffee professionals, producers and policymakers shared ideas throughout the week, one message rang clear: Africa's coffee story is no longer confined to its export potential. The continent's producers, baristas, and consumers are reclaiming the narrative, one cup at a time.

Distributed by APO Group on behalf of International Trade Centre.

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Africa’s Top 25 Finance Leaders for 2025

Location: Business
African Leadership Magazine

African Leadership Magazine (ALM) (www.AfricanLeadershipMagazine.co.uk) is pleased to unveil its highly anticipated Top 25 African Finance Leaders 2025 list — a prestigious editorial recognition that honours excellence, innovation, and transformative leadership within Africa's financial services and economic governance landscape. This year's cohort comprises distinguished finance ministers, central bank governors, CEOs of leading financial institutions, and other influential figures who are shaping the continent's economic architecture through visionary policy direction and exemplary stewardship.

The Top 25 list is a testament to the leaders who are championing fiscal responsibility, financial inclusion, and macroeconomic stability across the continent. These individuals have demonstrated a profound ability to navigate complex economic challenges, implement forward-thinking reforms, and inspire confidence in national and regional economies. Their collective leadership has contributed to enhanced investor confidence, accelerated digital finance adoption, and strengthened institutional frameworks that support inclusive and sustainable development. As Africa continues to assert itself as a dynamic player in the global economy, these leaders are setting the standard for excellence in financial governance, demonstrating the strategic foresight and resilience required to unlock the continent's vast economic potential.

“These finance leaders have not only surmounted formidable challenges but are actively shaping a new era of economic growth, transparency, and resilience,” said Dr. Ken Giami, Publisher & CEO of African Leadership Magazine. “Their bold and visionary leadership is redefining Africa's financial narrative and positioning the continent as a rising global financial powerhouse.”

The selection process follows a rigorous two-step procedure to ensure transparency and credibility. First, nominations are gathered from a global pool of experts in the finance and banking sectors, who identify individuals making significant contributions. Then, our editorial board conducts a thorough review, evaluating candidates based on their leadership, impact, and long-term influence on the African financial landscape. This comprehensive approach ensures that we honor only the most deserving leaders, whose work is truly transforming Africa's financial sector.”

The formal recognition and celebration of these leaders will take place at the African Finance Leadership Forum, scheduled for 22 April 2025 at the United States Capitol Building, Washington D.C., USA, on the margins of the 2025 Spring Meetings of the World Bank Group (WBG) and the International Monetary Fund (IMF).

The ALM Top 25 African Finance Leaders 2025:

  1. Dr. Benedict Okey Oramah – President/Chairman, African Export–Import Bank
  2. Mthuli Ncube – Minister of Finance, Economic Development & Investment Promotion, Zimbabwe
  3. Abdellatif Jouahri – Governor, Bank Al-Maghrib (Morocco)
  4. Jeremy Awori – Group CEO, Ecobank Transnational Inc.
  5. Situmbeko Musokotwane – Minister of Finance, Zambia
  6. Johnny Ohisa Damian – Governor, Bank of South Sudan
  7. Paul Russo – CEO, KCB Group PLC, Kenya
  8. Samaila Zubairu – President/CEO, Africa Finance Corporation
  9. Johnson Asiama – Governor, Bank of Ghana
  10. Olusegun Alebiosu – CEO, FirstBank Group, Nigeria
  11. Rindra Rabarinirinarison – Minister of Economy and Finance, Madagascar
  12. Mary Vilakazi – CEO, Firstrand Limited, South Africa
  13. Mamo E. Mihretu – Governor, National Bank of Ethiopia
  14. Kennedy Bungane – Group CEO, African Bank, South Africa
  15. Rama Krishna Sithanen – Governor, Bank of Mauritius
  16. Idrissa Nassa – CEO, Coris Bank Group, Burkina Faso
  17. Sheku Ahmed Fantamadi Bangura – Minister of Finance, Sierra Leone
  18. Carolina Abel – Governor, Central Bank of Seychelles
  19. Walton Ekundayo Gilpin – MD/CEO, Rokel Commercial Bank, Sierra Leone
  20. Ferdinand Ngon Kemoum – Group CEO, Oragroup SA, Cameroon
  21. Dr. Akinwumi A. Adesina, President, African Development Bank Group
  22. Sheikh Diba – Minister of Finance and Budget, Senegal
  23. Abdulmajid Mussa Nsekela – CEO, CRDB Bank Plc, Tanzania
  24. Khaled Al-Mabrouk Abdullah – Minister of Finance, Libya
  25. Hon. Henry F. Saamoi – Governor, Central Bank of Liberia

Distributed by APO Group on behalf of African Leadership Magazine.

For media inquiries, please contact:
Ehis Ayere
Group General Manager
info@africanleadership.co.uk
+44 23 9265 8276

About African Leadership Magazine:
The African Leadership Magazine, published by the African Leadership Organization (UK), focuses on presenting the best of Africa to a global audience, telling the African story from an African perspective while developing solutions to challenges facing the continent today. We have committed the last 16 years to promoting impactful leadership on the continent and promoting African opportunities globally through an ecosystem of quality Afro-positive content, Africa trade facilitation and market entry solutions, Afro-centric communities and business networking platforms, as well as through public sector training and consulting.

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Egypt Selected to Host Inaugural IFAF African Flag Football Championships

Location: News

National Football League (NFL)
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  • Teams From Across Africa Will Feature in First-Ever IFAF Continental Championships in Region from June 20-21 
  • NFL Africa (www.NFL.com) to Host Football Development Events in Egypt Alongside IFAF Championships 

The International Federation of American Football (IFAF) is delighted to announce Egypt as the host nation for the inaugural 2025 IFAF African Flag Football Championships – AFRICA FLAG 2025. 

AFRICA FLAG 2025 will take place from June 20-21 in Cairo, Egypt, welcoming elite men's and women's national teams from across Africa for the first time at an IFAF Continental Championships.  As participation in flag football continues to grow rapidly throughout the continent, this inaugural event offers a pathway to qualification for the 2026 IFAF Flag Football World Championships and represents a significant milestone on the journey towards flag football's historic Olympic debut at the Olympic Games Los Angeles 2028. 

"With the announcement of the first ever IFAF Continental Championships in Africa, we are taking another step in the global development of our sport,” said IFAF President Pierre Trochet. “Looking ahead to flag football's historic Olympic debut at LA28, our Continental Championships provide a fantastic platform to further accelerate the sport's regional growth at grassroots and elite levels. Egypt will be a great host, and we are certain AFRICA FLAG 2025 will play its part in inspiring new athletes and fans across a continent that has already produced a rich heritage of American football talent.” 

Hosted in partnership with the National Football League and Egyptian Federation of American Football (EFAF), various youth football development events will take place in Cairo in conjunction with the upcoming Championships — expanding the league's NFL Africa program to Egypt for the first time, creating more opportunities for young athletes from across the continent to play American football.  

In collaboration with IFAF and EFAF, U12 teams of boys and girls from Egypt, Ghana, Kenya and Nigeria will compete in a multi-day NFL Flag Continental Championship, facing off in the championship game on June 23. NFL Flag is the official flag football program of the NFL — working to bring the non-contact version of American football to young athletes worldwide.  

The NFL will also host a football talent identification event with prospects from across Africa. Athletes will showcase their skills and abilities with the potential to advance on through the NFL Academy Europe-Africa program in Loughborough, U.K. or the International Player Pathway (IPP) program — two core pillars of the NFL's global football development initiatives.  

A number of current NFL players will join these events in Egypt, including New York Giants' Bobby Okereke (Nigeria), Minnesota Vikings' Brian Asamoah II (Ghana) and NFL free agent Dieter Eiselen (South Africa). Okereke, Asamoah II and Eiselen are supporting football operations for national federations in the lead up to and during the Championships, as well as NFL Africa's youth football programming.  

“I'm excited and inspired to lead the NFL's efforts in Africa and to again expand our programming to a fifth country: Egypt — an innovative market for sport, with incredible talent,” said two-time Super Bowl Champion and NFL Africa Lead Osi Umenyiora. “Back-to-back days of NFL Africa events alongside the IFAF Continental Championships in Egypt helps showcase the aspirational pathways for talented young athletes across the continent, as we look ahead together to flag football in the LA Olympic Games in 2028. It will be a great weekend of football, and one that will create a powerful legacy as we introduce more and more young athletes to our game.”  

AFRICA FLAG 2025 will reinforce the acceleration of flag football's growth across the continent. At the record-breaking 2024 IFAF Flag Football World Championships, Cameroon made history as the first African nation to compete on the global stage. Since 2023 participation in flag football has surged with Egypt and Nigeria seeing increases of 149% and 85%, respectively. In Nigeria, the national federation's outreach program has already engaged more than 13,000 young people, highlighting the sport's expanding reach and appeal. 

IFAF and the NFL are working hand-in-hand to develop and grow flag football across the continent, collaborating to create meaningful educational pathways for coaches and officials delivering flag across Africa. This commitment was reaffirmed at the recent three-day flag football coach education and officiating clinic in Ghana (April 11-13). The clinic welcomed new and experienced coaches and officials from 10 African countries — Cameroon, Egypt, Ghana, Ivory Coast, Kenya, Morocco, Nigeria, South Africa, Tunisia and Uganda — enabling further long-term engagement and participation in the sport in the region. 

As part of the NFL Africa program, the league has also undertaken NFL Flag development, talent identification camps and fan events across Ghana, Kenya, South Africa and Nigeria since 2022.  

“We are extremely proud to be hosting the first ever AFRICA FLAG 2025 in Cairo and to be writing Egypt into flag football's history books,” said EFAF Founder Ali Rafeek. “Hosting this tournament allows us to put a spotlight on our talented athletes and to show the next generation what's possible in this sport — whether you're picking up a football for the first time or dreaming of the Olympics.” 

“AFRICA FLAG 2025 is a huge moment for the continued growth of flag football across our continent,” said Egyptian Women's National Team Quarterback Amira Nader. “It's an opportunity to showcase the incredible talent and passion rising throughout Africa and take a meaningful step towards making history at LA28. As the first-ever Continental Championships, this event will inspire the next generation to pick up a football and believe anything is possible.” 

IFAF continues to reinforce structured and competitive pathways for flag football, with the Continental Championships as an important stepping stone in the journey towards the 2026 IFAF Flag Football World Championships. The record-breaking 2024 edition of the IFAF Flag Football World Championships was the culmination of IFAF's biggest-ever international cycle of flag football competition and brought together elite athletes representing 31 nations from five continents at the most competitive and thrilling tournament to date. Flag football is played by 20 million athletes in more than 100 countries, and with an ever-expanding African presence, these events will serve as key milestones on the road to LA28. 

Details regarding AFRICA FLAG 2025's participating nations as well as the 2025 Continental Championships for other regions will be announced in the coming weeks, offering teams from around the world more opportunities to compete and prepare for the journey toward LA28. 

For more details on the Championships, visit the IFAF website (https://apo-opa.co/42LiURK) or follow us on social media. 

Distributed by APO Group on behalf of National Football League (NFL).

For more information on NFL Flag, the official flag football program of the NFL, visit here (https://apo-opa.co/3G70ylD). 

For the latest NFL Africa activity, follow @ NFLAfrica on:
Instagram: https://apo-opa.co/43VmZnx
X: https://apo-opa.co/43QGKN7

About IFAF:     
The International Federation of American Football (IFAF) (https://apo-opa.co/42LiURK) is the international governing body for the sport of American football and is responsible for all regulatory, competition, performance and development aspects of the game on a global level. Fully recognised by the International Olympic Committee and a signatory to the WADA Code, IFAF has 75 member nations across 5 continents.     

About the National Football League:  
The National Football League is America's most popular sports league, comprised of 32 franchises that compete each year to win the Super Bowl, the world's biggest annual sporting event. Founded in 1920, the NFL developed the model for the successful modern sports league, including national and international distribution, extensive revenue sharing, competitive excellence, and strong franchises across the country.  

Read moreEgypt Selected to Host Inaugural IFAF African Flag Football Championships

Where Policy Meets Investment: African Ministers to Showcase Mineral Refining Opportunities at AMW 2025

Location: News

Energy Capital & Power
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African Mining Week (AMW) – Africa's premier gathering for mining stakeholders, taking place from October 1-3 in Cape Town – will feature a high-level Ministerial Forum dedicated to advancing local mineral beneficiation across the continent.

The session – From Extraction to Transformation: African Governments Driving Beneficiation and Value Addition – will spotlight national strategies and regulatory reforms aimed at boosting midstream and downstream infrastructure, enhancing local content, supporting community development and maximizing national value capture from resource exploitation.

Across the continent, mineral-rich countries are enacting policies and investment incentives – including export restrictions on raw minerals – to spur industrialization and local processing. In the Democratic Republic of Congo, the world's top cobalt producer, authorities imposed a four-month suspension on cobalt and copper exports in February 2025 to prevent market oversupply and stabilize prices. The decision came in response to a steep price drop from $82,000 per metric ton in April 2022 to just $21,550 in February 2025, aiming to resume exports once more favorable market conditions return. These proactive measures are expected to enhance the long-term sustainability of the sector and attract new investments in processing and refining infrastructure.

In Zimbabwe, a 2023 ban on raw lithium exports has attracted billions in downstream investment and created new jobs. In August 2024, Zimbabwe secured $310 million from Chinese and British investors to construct a three-million-ton-per-annum lithium processing facility at Sandawana Mine. Guinea-Conakry, which holds 23% of global bauxite reserves and is the second-largest producer worldwide, is reducing its reliance on raw exports by advancing several alumina refinery projects. Key developments include partnerships with Emirates Global Aluminium and Alteo Refinery to strengthen local industrial capacity. These strategic moves are positioning both countries as key players in the global mineral refining market, with significant potential for long-term economic growth and job creation.

Meanwhile, South Africa, the world's leading producer of platinum group metals (PGMs), is making major strides in beneficiation. Projects include the $4.5 billion KwaZulu-Natal Titanium Beneficiation Complex by Nyanza Light Metals; a titanium pigment plant at the Richards Bay Industrial Development Zone; a PGM treatment facility at the Steelpoortdrift Vanadium Project by Vanadium Resources Limited; and a new treatment plant at Ivanhoe Mines' Platreef PGM Nickel Project. These initiatives are expected to significantly boost South Africa's beneficiation capacity, create thousands of jobs and further cement the country's position as a global leader in mineral processing and industrialization.

The Ministerial Forum at AMW will provide a strategic platform for African leaders to showcase progress, present investment-ready opportunities and foster collaboration across the mining value chain. It will also serve to align policy priorities and attract long-term capital for the development of sustainable, value-driven mineral economies.

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.

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

Read moreWhere Policy Meets Investment: African Ministers to Showcase Mineral Refining Opportunities at AMW 2025

Eskom issues tender to accelerate renewable energy deployment

Location: News

Eskom issues tender to accelerate renewable energy deployment

Eskom has issued a call for proposals from experienced companies to establish renewable energy businesses to expedite the deployment of renewable energy solutions.

According to the statement released on Tuesday, Eskom will evaluate applicants based on several criteria, including a demonstrated history of successfully establishing a renewable energy company and the number of public-private partnerships (PPPs) and special purpose vehicles (SPVs) that have created tangible projects. 

The evaluation will also look at expertise in the independent power producer (IPP) business model and financial structuring, technical capabilities, and knowledge of the sector. 

This evaluation process aims to select firms that can effectively contribute to Eskom’s renewable energy initiatives.

The State utility announced that the new subsidiary aims to operate independently from the main Eskom entity, enabling better governance, improved market competitiveness, and enhanced PPPs.

“Agility and efficiency are at the heart of preparing for a competitive marketplace and ensuring we serve our current and future customers with the electricity supply solutions they require,“ said Eskom’s Group Chief Executive, Dan Marokane. 

Marokane stated that Eskom is now one year into its turnaround strategy. 

This strategy aims to not only end load shedding but also transform the utility into a sustainable and competitive company while ensuring a secure supply of electricity.

“To make a meaningful impact in the renewables space, we recognised that the most cost-effective way to do this is to bring in at the start some new skills, thinking and expertise to set our Eskom teams up for success in the business, so through knowledge transfer we can execute strategic initiatives in a competitive market faster and more efficiently. The creation of our renewable energy business also forms part of Eskom’s focus both in this country and internationally to identify the latest developments and strategies to reduce carbon emissions and other air pollutants,” he explained. 

Eskom said it was committed to maintaining a balanced and diversified energy mix. 

This includes utilising existing coal and nuclear power, introducing gas for baseload power, and incorporating renewable energy sources. 

In addition, Eskom aims to implement energy storage systems, such as battery energy storage systems (BESS) and pumped hydro, to ensure overall security of supply and sustainably meet the growing electricity demand in South Africa.

The utility said it has an executable initial pipeline of at least 2GW of clean energy projects by 2026 and has developed a pipeline of more than 20GW of clean energy projects to diversify its energy mix.

Eskom will update the marketplace on the progress of the development of its renewable energy business throughout 2025.

The opportunity to respond to the tender closes on 7 May 2025 at 10 am, and application forms can be found on the Eskom website. The support will be required over 12 months. – SAnews.gov.za

Gabisile
Tue, 04/15/2025 - 10:03

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Nigeria Strengthens Trade and Investment Ties with the UK During the Commonwealth Trade and Investment Summit

Location: News
Invest Africa

Nigeria's Minister of Industry, Trade, and Investment, Dr. Jumoke Oduwole, successfully concluded a series of high-level engagements in London, reinforcing Nigeria's commitment to fostering trade and investment partnerships with the UK. The visit, anchored around the Commonwealth Trade and Investment Summit held on 7-8 April, provided a vital platform to showcase Nigeria's strategic economic priorities and attract investment into key sectors.

During her visit, Dr. Oduwole participated in two exclusive events hosted by Invest Africa, engaging with top-tier stakeholders, business leaders, and investors. These engagements underscored Nigeria's dedication to economic diversification, investment mobilisation, and strengthening the London-Lagos investment corridor.

On 8 April, the Minister delivered a keynote address at an Invest Africa-hosted roundtable, where she outlined Nigeria's investment potential and strategic trade policies. The discussion focused on boosting non-oil sectors, promoting ease of doing business, and enhancing UK-Nigeria commercial ties. Senior executives from the UK business and investor community engaged directly with the Minister, fostering dialogue on new investment opportunities and partnerships that will contribute to Nigeria's long-term development goals.

Dr. Jumoke Oduwole, Minister of Industry, Trade, and Investment, stated: “Nigeria is open for business, and we are committed to creating an environment that fosters investment, innovation, and economic growth. Our engagements in London demonstrate our dedication to strengthening trade ties, supporting local and foreign investors, and ensuring that Nigeria remains a prime investment destination. The opportunities in Nigeria, particularly in non-oil sectors, are immense, and we invite investors to be part of this journey towards sustainable development.”

Additionally, the Minister participated in an exclusive event co-hosted by Invest Africa in partnership with Lagos Free Zone (LFZ). This strategic engagement positioned LFZ as a premier investment hub within Nigeria's manufacturing sector, showcasing its potential to attract global investors and support the country's industrialisation agenda. The event featured a presentation by Lagos Free Zone MD & CEO, Adesuwa Ladoja, and a dynamic panel discussion exploring Nigeria's industrial landscape and how LFZ can support UK businesses keen on exploring pathways for sustainable growth in Nigeria.

Karen Taylor, Chair of Invest Africa, commented: “Invest Africa is proud to facilitate meaningful engagement between Nigerian leaders and the UK business community. The Minister's participation in our events underscores Nigeria's strategic importance as a trade and investment partner. We look forward to continuing to support initiatives that drive economic collaboration and unlock new business opportunities.”

Adesuwa Ladoja, MD & CEO of Lagos Free Zone, remarked: “The Lagos Free Zone represents a game-changer for Nigeria's manufacturing and industrial sectors, offering world-class infrastructure and seamless business operations. This event provided a crucial platform to showcase how strategic investments in LFZ can unlock deeper penetration into the Nigerian market for UK businesses and drive Nigeria's industrialisation. We are excited about the opportunities that lie ahead and look forward to welcoming global investors.”

Dr. Oduwole's engagements in London aligned with Nigeria's four key strategic pillars: investment mobilisation, trade revenue growth, economic diversification, and strategic communications. Through these discussions, the Minister reinforced Nigeria's proactive approach to fostering international trade relations, unlocking new business opportunities, and strengthening economic ties between Nigeria and the UK.

As Nigeria continues its journey toward sustainable economic transformation, the Ministry of Industry, Trade, and Investment remains committed to advancing strategic partnerships and positioning Nigeria as a top-tier investment destination on the global stage.

Distributed by APO Group on behalf of Invest Africa.

Media Contact:
Invest Africa
Email: pippa.vanbreda@investafrica.com 
Websites: www.Invest Africa.com and www.LagosFreeZone.com

About Invest Africa: 
Invest Africa is a leading business and investment platform with over sixty years of expertise in Africa, dedicated to connecting businesses with unique opportunities across the continent. Their global network comprises more than 400 member companies, including multinationals, private equity firms, institutional investors, development finance institutions, professional service providers, government bodies, and entrepreneurs. With chapters in Kenya, South Africa, the UAE, the UK, and the US, Invest Africa leverages their global reach, market intelligence, and extensive network to support and connect businesses. As a trusted gateway into Africa, they drive socio-economic growth by facilitating sustainable capital flows and providing strategic insights through our membership, consultancy services, and dynamic events programme.

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Small business urged to apply for tourism opportunities

Location: News

Small business urged to apply for tourism opportunities

Small businesses have been encouraged to apply for opportunities provided by the Department of Tourism.

“The Department of Tourism is dedicated to creating an inclusive, sustainable, and resilient tourism economy. We have a variety of programmes with the specific aim of promoting tourism, alleviating poverty and creating jobs,” Tourism Deputy Minister Maggie Sotyu said.

Addressing a stakeholder engagement at the Fezile Dabi District Municipality in the Free State, the Deputy Minister said small businesses face challenges that threaten their survival and growth. 

These include limited access to funding and financial support, skills gap in business management and digital transformation, market access and a lack of exposure to international tourists.

“As the government, our role is to enable and empower small, medium, and micro enterprises (SMMEs) to overcome these barriers and it is our duty to maximise every opportunity to empower these enterprises.

“Embracing sustainable tourism by black-owned enterprises is not just about being part of a global trend, but is a necessity for resilience, competitiveness and profitability,” the Deputy Minister said on Friday.

The department’s Market Access Support Programme offers financial support to small tourism enterprises to exhibit at tourism platforms.

“I want to urge you to visit the Department of Tourism website at www.tourism.gov.za and look at this Market Access Support Incentive Programme. 

“This week we are assisting 49 tourism SMMEs [small, medium, and micro enterprises] to promote their services at the World Travel Market Africa in Cape Town. We also want to encourage you to apply for our Green Tourism Incentive Programme which offers a win-win solution to tourism establishments and our greening objectives,” the Deputy Minister said.

The Green Tourism Incentive Programme is a resource efficiency programme which aims to support tourism enterprises to reduce the cost of investing in energy and water efficient solutions. 

“This incentive can greatly assist a tourism establishment to reduce their electricity and water bills in the long term. The department also established a Tourism Transformation Fund and Tourism Equity Fund to support the transformation efforts in the sector. 

“The Transformation Fund offers a combination of debt finance and grant funding for new and expansion tourism development projects with majority black shareholding,” she said.

For tourist guides, the department has a number of programmes including language training. 

“We recently advertised for youth to apply for tourist guide training in Vredefort Dome and we are currently conducting tourist guide training in Golden Gate National Park. 

“For youth in tourism, the department offers annually a bursary programme and learnership programmes, focusing on professional cooking, wine appreciation and hospitality, targeting youth with a specific interest in tourism,” said the Deputy Minister. -SAnews.gov.za
 

nosihle
Sun, 04/13/2025 - 11:37

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