Source: Admaius Capital Partners |

Admaius Capital partners with Egyptian medicated-cosmetics business Parkville

Enabling Parkville’s continued growth aligns with Admaius’ investment strategy for Africa of finding opportunities in high impact sectors that are the drivers of economic and social progress

Admaius Capital Partners (“Admaius”) (www.Admaius.com), an Africa focussed private equity investor operating across several growth markets, today announced a strategic partnership with Parkville Holding Company B.V. (“Parkville” or the ‘Company’), a leading healthcare and wellness company in Egypt operating across several high-growth sub-segments. Admaius' support will enable the Company to…

Source: BONI |

BONI Partners with Afreximbank for Solar Energy Financing and Landmark Hotel Development

BONI secures dual tranche US$11 million financing from Afreximbank to offer sustainable solar solutions for SME’s and a new hotel development project along Nevis’s golden mile

BONI (www.BONIltd.com) has signed a heads of terms agreement with African Export-Import Bank (Afreximbank) for a two tranche US$11 million facility to support SMEs and domestic consumers to access sustainable renewable energy and solar panel systems, as well as the development of a landmark hotel project in Nevis. The agreement…

African Energy Chamber
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    • Haitham Al Ghais, Secretary General of the Organization of Petroleum Exporting Countries (OPEC)
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Source: African Energy Chamber |

Organization of Petroleum Exporting Countries (OPEC) Secretary-General to Deliver Address at Namibia International Energy Conference 2024

The participation of Haitham Al Ghais underscores the rising potential of Namibia as a global oil supplier

Haitham Al Ghais, Secretary General of the Organization of Petroleum Exporting Countries (OPEC), will deliver an address at the Namibian International Energy Conference (NIEC) in Windhoek this April, sharing insight into global oil trends. The Secretary-General will be joined by a delegation from the organization, who will lead technical discussions…

African Energy Chamber
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    • Antonio Uburu Ondo, Equatorial Guinea’s Minister of Mines and Hydrocarbons
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Source: African Energy Chamber |

Invest in Equatorial Guinea Oil and Gas: Minister of Mines and Hydrocarbons Joins African Energy Week (AEW) 2024

Equatorial Guinea’s investment offerings range from upstream exploration to downstream infrastructure to regional distribution and associated industries

Equatorial Guinea’s Minister of Mines and Hydrocarbons, Antonio Uburu Ondo, will speak at the 2024 edition of the African Energy Week (AEW): Invest in African Energy conference – taking place November 4-8. The event brings together global financiers and African governments, setting the stage for deals to be signed and…

International Trade Centre
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    • Senegalese tech company raises $500,000, after working with International Trade Centre (ITC) (1)
    • Senegalese tech company raises $500,000, after working with International Trade Centre (ITC) (2)
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Source: International Trade Centre |

Senegalese tech company raises $500,000, after working with International Trade Centre (ITC)

For the start-up, this decisive step towards internationalization required months of preparation, including work with the Senegal Tech project run by the Netherlands Trust Fund V (NTF V) at the International Trade Centre (ITC)

When they launched ProXalys in 2022, Thierno Sakho and Abdoulaye Faye's first aim was to bring small-scale agricultural producers and retailers closer together. They developed a digital solution that identifies available agricultural products and organizes last-mile delivery, without intermediaries. Over time, the company's positioning moved away from logistics and towards…

Source: Energy Capital & Power |

Invest in African Energy (IAE) 2024: UTM Offshore to Showcase Nigeria’s Floating LNG (FLNG) Potential

Group Managing Director and CEO Julius Rone will participate in an investor roundtable at the upcoming forum, as the company leads a transformative gas-focused transition in Nigeria

Julius Rone, Group Managing Director and CEO of UTM Offshore, will participate in an investor roundtable at the upcoming Invest in African Energy (IAE) forum in Paris. As a leading provider of oil and gas, marine and energy industry services, UTM Offshore is currently driving Nigeria’s energy transition through the…

Source: Energy Capital & Power |

Sonangol: A Competitive Partner for United States (US) Investors

Angola Oil & Gas 2024 is hosting a networking event on March 19 in Houston, providing a platform for US companies to forge strategic partnerships with Angola’s national oil company

Angola's national oil company (NOC) Sonangol has increased its competitiveness and capacity as an operator through a privatization process initiated by the government – set to be complete by 2026. Now, the NOC is actively seeking partners for exploration and production projects, and is inviting US companies to connect with…

Source: Orange Middle East and Africa |

Orange launches the 14th edition of the Orange Social Venture Prize in Africa and the Middle East (OSVP) to support social innovation and encourage entrepreneurship

The OSVP prize has been rewarding innovative start-up projects that use and develop new technologies to make a positive impact in Africa and the Middle East in the fields such as education, healthcare, e-commerce, agriculture, or environment

The 14th Orange Social Venture Prize in Africa and the Middle East will open for submissions on Monday, March 18, 2024. Candidates from the 17 countries within the Orange (www.Orange.com) footprint have until May 26, 2024, to submit their project on the website https://apo-opa.co/3ICHjye. Since 2011, the OSVP prize has…

African Development Bank Group (AfDB)
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    • AfDB Country Manager for Zimbabwe Moono Mupotola and Gerald Gore, NMB Bank CEO at the signing of an agreement for a $15 m trade facility in Harare
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Source: African Development Bank Group (AfDB) |

African Development Bank signs $15 million Transaction Guarantee Facility with NMB Bank Zimbabwe

The facility offers up to 100% coverage to confirming Banks, effectively mitigating non-payment risks linked to NMB Bank's trade transactions on a per-transaction basis

The African Development Bank (https://www.AfDB.org/) and NMB Bank Limited Zimbabwe (NMB) have signed a $15 million Trade Finance Transaction Guarantee Facility to unlock trade finance opportunities for Zimbabwean small and medium-sized enterprises and those in agri-business and trade distribution value chains. The signing took place on 7 March at NMB…

Islamic Development Bank Institute (IsDBI)
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    • Islamic Development Bank Institute Delivers Islamic Banking Capacity Building Program for Ethiopia
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Source: Islamic Development Bank Institute (IsDBI) |

Islamic Development Bank Institute Delivers Islamic Banking Capacity Building Program for Ethiopia

The program was designed to help accelerate the growth of Ethiopia's interest-free banking sector and contribute to national financial inclusion and economic development

The Islamic Development Bank Institute (IsDBI) (www.IsDBInstitute.org) has delivered an Islamic banking capacity-building program for the Ethiopian banking sector. Organized with the theme, “Unlocking the Potential: Practical Insights for Islamic Banking Success”, the training program was held in Addis Ababa, Ethiopia from 4-7 March 2024. Over 35 senior management and…