insert_link APO International In the race to digital wallets, don’t forget cash (By Juan Seco) Success in the digital payment space will hinge on the ability of new players and incumbents to converge the physical and digital experience into a seamless continuum for the customer. Extending the digital solution to a cash-based customer requires a “phygital” approach, writes Juan Seco, Chief Growth Officer at Mukuru (www.Mukuru.com). Digital wallet use, especially in Africa, makes sense when so many people live in rural areas where there isn’t […] todayMarch 5, 2024 4
insert_link APO International Invest in African Energy (IAE 2024): East African Crude Oil Pipeline (EACOP) Spokesperson to Share Project Updates Representing one of the most transformative projects on the continent, Cheick Omar Diallo, TotalEnergies Spokesperson for the Tilenga – East African Crude Oil Pipeline (EACOP) project, will speak at the upcoming Invest in African Energy (IAE) forum in Paris on May 14-15. Developed by TotalEnergies, Uganda National Oil Company, Tanzania Petroleum Development Corporation and China National offshore Oil Corporation, EACOP represents the largest single investment in both Uganda and Tanzania, […] todayMarch 5, 2024 7
insert_link APO International EcoFlow Launches PowerStream, Helping Home Stay Powered During Load Shedding EcoFlow (za.EcoFlow.com), a leading eco-friendly energy solutions company, has reached a new milestone with the launch of its latest innovation, the PowerStream (https://apo-opa.co/3Tiz7Jv), a mini home solar system that potentially helps users save on energy bills. This groundbreaking expandable system can also provide backup power when connected to a portable power station, making it a simple, flexible, and reliable energy source at home. With over 2.5 million users worldwide, EcoFlow […] todayMarch 5, 2024 3
insert_link APO International Women to Lead Next Generation of South Sudanese Energy South Sudan plans to increase oil production to 230,000 barrels per day (bpd) by 2026 and develop a 60,000-bpd refinery to meet domestic demand. Achieving these goals will require increased investment in exploration as well as enhanced human capital development. As the country looks towards the next generation of energy, women are poised to play an important role in bringing new levels of innovation to the market. Given the rising […] todayMarch 5, 2024 3
insert_link APO International Africa’s ‘female firsts’ get a KFC shoutout on International Women’s Day “While I may be the first, I don’t want to be the last.” This comment from Akhona Qengqe launches an inaugural list of female firsts across Africa as International Women’s Day 2024 is celebrated this week. Each of the 53 achievers on KFC Africa’s list – one for each year the company has been in Africa – overcame educational, political, social and financial obstacles. And they often had to break […] todayMarch 4, 2024 10
insert_link APO International Somalia to Deposit Her Instrument of Ratification on the Treaty of Accession to the East African Community today The Federal Republic of Somalia will this morning deposit her instrument of ratification of the Treaty of Accession with the EAC Secretary General this morning making the Horn of Africa country the bloc’s 8th Partner State. A high-level delegation led by Somalia’s Minister of Commerce and Industry, Hon. Jibril Abdirashid Haji Abdi, is in Arusha, Tanzania to deposit the instrument with EAC Secretary General, Hon. (Dr.) Peter Mathuki, at the EAC […] todayMarch 4, 2024 2
insert_link APO International Afreximbank tops the loan market rankings in Bloomberg’s 2023 Capital Markets league tables for Sub-Saharan Africa African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been ranked number one in all three categories in the Bloomberg Capital Markets League Tables Report for African Capital Markets. Afreximbank is ranked as number one Mandated Lead Arranger, Bookrunner, and Administrative Agent for Sub-Saharan Africa Borrower Loans. These rankings recognize the Bank’s leadership role in facilitating capital from within and outside of the continent, from a diverse range of investors and stakeholders to fulfill […] todayMarch 4, 2024 10
insert_link APO International International Islamic Trade Finance Corporation (ITFC) Signs Multiple Agreements with Uzbekistan Totaling US$715 Million The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed several agreements with Uzbekistan, amounting to US$ 715 million, on the sidelines of the Arab Coordination Group meeting, which was held from 4th to 5th March 2024 in Tashkent, Uzbekistan. ITFC has been actively supporting the Government and local banks in Uzbekistan since 2018, with total financing approved for the country […] todayMarch 4, 2024 9
insert_link APO International Somalia finally joins East African Community (EAC) as the bloc’s 8th Partner State The Federal Republic of Somalia has finally joined the East African Community as the bloc’s 8th Partner State after officially depositing her instrument of ratification of the Treaty of Accession with the EAC Secretary General at a ceremony held at the EAC Headquarters in Arusha, Tanzania. Somalia’s Minister of Commerce and Industry, Hon. Jibril Abdirashid Haji Abdi, presented the Horn of Africa nation’s instrument of ratification to the EAC Secretary General, […] todayMarch 4, 2024 6