Showing posts with label Africa. Show all posts
Showing posts with label Africa. Show all posts

Wednesday, September 27, 2023

NFT of A Fulani Woman in Lagos

New #NFT

Portrait of A Nomadic Fulani Woman in Lagos

This is an itinerant nomadic Fulani woman who is a native herbalist hawking on the streets of Lagos in Nigeria. I met with her in front of my office on Thursday April 28, 2011. She allowed me to photograph her and she is just one of the numerous nomadic Hausa Fulani women who have been hawking medicinal herbs for decades. She was articulate and bold as we discussed in Pidgin English.

Original Photograph by Ekenyerengozi Michael Chima.
© All rights reserved. No copying, duplication and reproduction in any format of media without the authorization and permission of Ekenyerengozi Michael Chima and International Digital Post Network Limited.

View the NFT Photograph on
https://nftmyimage.com/@nigeriadaily

NFTs last longer than photos, videos and films that are not on the blockchain. 

The NFTs will be in the decentralized InterPlanetary File System.

The NFT and the photograph on art canvas are available for sale.

#Fulani
#Fulaniwoman
#woman
#Nigeria
#Nigerians
#Nomadic
#Photograhy
#Art
#NFTs


https://lnkd.in/dgAhWB3F

Tuesday, September 26, 2023

African Statesman Olusegun Obasanjo To Chair Energy Growth and Just Transition Presidential Roundtable at African Energy Week (AEW) 2023

 


PRESS RELEASE



African Statesman Olusegun Obasanjo To Chair Energy Growth and Just Transition Presidential Roundtable at African Energy Week (AEW) 2023 

Olusegun Obasanjo is the former President of Nigeria and an international statesman with a dedication to Africa’s development

JOHANNESBURG, South Africa, September 26, 2023/ -- African statesman and former President of the Republic of Nigeria Olusegun Obasanjo represents one of the continent’s most influential and impactful leaders who has demonstrated a commitment to facilitating inclusive growth in Africa. His work and success in the political, economic and energy sectors have not only consolidated Nigeria’s position as a major economic hub but Africa’s position as both a competitive and highly attractive investment destination. From policy to finance to cooperation and inclusion, Obasanjo has played an instrumental part in shaping Africa’s economy and will continue to represent a strong advocate and facilitator of Africa’s growth.

Under efforts to advance dialogue surrounding the continent’s energy future, Obasanjo will host the Energy Growth and Just Transition Presidential Roundtable at the 2023 edition of the African Energy Week (AEW) conference and exhibition – taking place from October 16-20. Obasanjo’s expertise regarding African economics and energy will be critical for strengthening discussions on Africa’s approach to the energy transition and his insights will help support deals and decision-making during the event. Obasanjo will also award the AEW 2023 Lifetime Achievement Award to Namibian President Hage Geingob and Senegalese President Macky Sall, while engaging with a strong slate of African and international stakeholders on the future of the continent’s energy sector.

Faced with a number of development challenges, Africa’s progress to date has largely been driven by individuals such as Obasanjo, who has spearheaded a wave of cooperation and dialogue among African countries and between the continent and global players. With a focus on a just and inclusive energy transition, Obasanjo has strongly advocated for a collaborative approach to investment, policy and growth, and continues to put Africa first. Obasanjo’s expertise lies in his experience as Head of State of Nigeria and his work as Chairperson of the African Union (AU) from 2004 to 2006. Obasanjo served as Military Ruler from 1976 to 1979 and President of the Republic of Nigeria from 1999 to 2007, where he was instrumental in bringing democracy to the country. Following this position, Obasanjo took on several impactful roles centered around pan-continental collaboration and peace. In addition to his role at the AU, he served as Special Envoy for Africa for the United Nations. Now, Obasanjo coordinates cross-border cooperation and facilitates Africa-global dialogue towards a goal of advancing Africa’s economic prosperity.

Collaboration and cross-border partnership success in Africa is largely attributed to Obasanjo’s ongoing efforts. In Nigeria, he made great strides towards strengthening the energy market. The country now represents one of the biggest oil and gas producers on the continent and boasts a promising renewable energy industry that is poised to lead West Africa’s energy transition. Obasanjo spearheaded sustainable development on the back of democracy, transparency and investor clarity. Under his leadership, exploration and production took off, with up to 37 billion barrels of proven oil reserves and 200 trillion cubic feet of gas identified from his Presidential tenure to date. His administration established the Nigerian National Petroleum Corporation in 1977. Many projects also took off from across the entire energy value chain. Under efforts to privatize downstream assets and relieve state burden, Obasanjo facilitated the sale of the Port Harcourt and Kaduna refineries – now under the NNPC’s control. In the power industry, Obasanjo put in place ambitious targets of achieving 10 GW of electricity by 2007. As President, Obasanjo had a central objective to alleviate poverty and establish a democratic system, and his efforts in this regard have proven critical for Nigeria.

Now, Obasanjo works towards driving pan-African growth and development. On the cooperation side, Obasanjo has contributed to much of Africa’s progress. He established the African Leadership Forum in 1988, uniting leaders from across the continent and global community to discuss issues and foster solutions to development. Obasanjo also co-established the New Partnership for Africa’s Development in 2001 and the African Peer Review Mechanism, initiatives which have helped spearhead good governance in Africa. These efforts have been nothing short of crucial for Africa’s economic and multi-sector growth and will remain of central importance as Africa’s energy sector grows.

“President Obasanjo has shown, time and time again, a dedication to inclusive, sustainable and widespread development in Africa. His efforts to alleviate energy poverty and drive long-term growth have translated into a series of impactful developments across the continent. As an African statesman, a distinguished leader and an advocate for Africa’s prosperity, Obasanjo will continue to play a central role in facilitating growth and development in Africa,” states NJ Ayuk, Executive Chairman of the AEC.

This experience makes him the host of choice for AEW 2023’s Energy Growth and Just Transition Presidential Roundtable. Dubbed the largest gathering of energy stakeholders on the continent, AEW 2023 takes place under the theme, The African Renaissance: Prioritizing Energy Poverty, People, the Planet, Industrialization and Free Markets, and proudly hosts a strong slate of African governments.

During the AEW 2023 conference, Obasanjo will engage with a suite of governments, ministers and international authorities under a common goal of making energy poverty history in Africa by 2030. His passion for the continent and his commitment to fostering democratic growth will prove valuable at the event, and delegates can look forward to hearing his insights. There is still time to secure you place at the biggest energy event in Africa. Join AEW 2023 and network with the movers and shakers from Africa’s energy market.

Distributed by APO Group on behalf of African Energy Chamber.

About African Energy Week:

AEW is the AEC’s annual conference, exhibition and networking event. AEW 2023 will unite African energy policymakers and stakeholders with global investors to discuss and maximize opportunities within the continent’s entire energy industry. For more information about AEW 2023, visit https://AECWeek.com.

SOURCE

African Energy Chamber



Sunday, September 24, 2023

All Africa Music Awards (AFRIMA) Mourns Mohbad, Calls For Institutionalization of Music Industry in Africa

#Mohbad

PRESS RELEASE

All Africa Music Awards (AFRIMA) Mourns Mohbad, Calls For Institutionalization of Music Industry in Africa

Mohbad died in a mysterious circumstance on Tuesday, September 12, 2023, that is still under police investigation

LAGOS, Nigeria, September 24, 2023/ -- All Africa Music Awards, AFRIMA (https://www.AFRIMA.org/), has emphasized the importance of regulating and institutionalizing the music entertainment industry as it joins millions of African youths and music fans to express grief over the demise of Nigeria's singer, Mohbad, (real name Ilerioluwa Oladimeji Aloba).

Mohbad died in a mysterious circumstance on Tuesday, September 12, 2023, that is still under police investigation.

The 27-year-old budding music star also known as Imole (Light) was a young and very promising artiste whose creativity and amazing gift have made him produce highly thrilling lyrics that have warmed the hearts of millions of fans across the world.

The President and Executive Producer, AFRIMA, Mike Dada, in a statement, while lamenting that Africa has lost a promising talent in its growing music industry in a shocking manner, noted that institutionalization of the music/entertainment industry remains a top priority in curbing the unprofessional practices that have been existing within the industry in Africa.

He said; “On behalf of the International Committee of AFRIMA, we condole with Nigeria's music industry, parents and fans of Mohbad, over his painful demise. The death of Mohbad is a tragic event that has left us all deeply saddened. Our thoughts and prayers are with the family and loved ones of the deceased during this difficult time.

“With his demise, Africa has lost a promising talent in our growing music and entertainment industry. We pray God to grant him eternal rest, and grant his parents, family, and teeming fans the fortitude to bear his irreplaceable loss.”

“AFRIMA is spearheading efforts to mobilize stakeholders in the creative industry in Africa, with a focus on Nigeria, to establish institutionalized operations and regulate the music entertainment industry.”

According to Dada, this includes the enactment of legislation that sets industry standards, regulations and compliance for music record labels, performing artistes, music publishing companies, entertainment lawyers and other professionals.

“It is necessary to have a law that regulates the music industry to prevent it from becoming an unregulated free-for-all, as currently, the entry requirements are low such that anyone can just wake up and establish a music record label.

“To address this issue, African countries must establish a Music Institute to certify practitioners regularly.

AFRIMA is leveraging its platform to organize a stakeholder summit aimed at engaging the legislative arm of governments across Africa through the African Union.

“AFRIMA urges stakeholders, including relevant government officials and agencies, artistes, record labels, A&R, producers, promoters, artiste's managers, brands, songwriters, DJs & video vixens, video directors, equipment production and rental companies, publishing companies, streaming service companies, entertainment lawyers, royalty companies, choreographers/dancers, entertainment/music journalists and media, culture and music enthusiast, other supporting professionals: cameramen, editors, make-up, hairstylist, costumiers, among others, to participate in this crucial process. We urge stakeholders to submit their proposed legislation for review and consideration,” the AFRIMA President submitted.

AFRIMA (All Africa Music Awards) is the Pinnacle of African Music globally.

Distributed by APO Group on behalf of All Africa Music Awards (AFRIMA).

SOURCE

All Africa Music Awards (AFRIMA)



Thursday, September 14, 2023

The Beginning of NFT Series on Governor Babajide Sanwo-Olu

The Beginning of NFT Series on  Governor Babajide Sanwo-Olu 

Freshly minted NFT of Governor Babajide Sanwo-Olu on the Algorand blockchain.  https://nftmyimage.com/@nigeriadaily

The first in my series on the highlights of the milestones of the administration from 2019-2027. This is the first ever for a state governor not only in Nigeria, but also in Africa.

The documentary NFTs will last longer than photographs, films and videos for history and for posterity.

The crypto currency prize for this one is 20 ETH .

t is for the exclusive collection of the Governor gratis. NOT FOR SALE.

The other NFTs in the series will be in different formats of media.

#NFTs
#NFT
#governorbabajidesanwoolu
#Governor
#Lagos
#Nigeria
#Africa
#nftdocumentary
#nftseries
#history 
#government 
The live Algorand price today is $0.092747 USD with a 24-hour trading volume of $18,040,716 USD. 




Wednesday, September 6, 2023

MultiChoice Shares Insights to Content Success at MIP Africa

PRESS RELEASE

MultiChoice Shares Insights to Content Success at MIP Africa

MIP Africa forms part of Fame Week Africa, a week-long festival focusing on African television, music, and film

JOHANNESBURG, South Africa, September 6, 2023/ -- Authenticity, hyperlocal stories, and a visceral understanding of the audience are pivotal indicators for success in the African television and film landscape.

While various insights, overwhelmingly practical and actionable, were shared during a MultiChoice panel discussion at MIP Africa this week, these three indicators served as a throughline for how content creators could successfully pitch to become part of MultiChoice’s creative ecosystem.

The panel discussion, Unlocking Opportunities: MultiChoice and the African Film & TV Industry, took place at MIP Africa, an annual opportunity for African content creators, producers, and sellers to present their work to a global array of buyers, investors, and potential co-production partners. MIP Africa forms part of Fame Week Africa, a week-long festival focusing on African television, music, and film. MultiChoice plays a key role as a sponsor of both events.

According to Waldimar Pelser, Channel Director: Premium Channels at MultiChoice, their most valuable content creators understand their market. “The most productive conversations we have are with producers that consume our content and on a visceral level know who our audience is. (Our partners) have to understand who they’re making content for.”

In terms of what that content looks like, Pelser shared that content that can only be made locally, and that viewers would not be able to find elsewhere, reap the most success.

Popular genres include drama and unscripted reality, with the consensus being that while successful themes are universal, viewers want something “uniquely South African,” with the setting being locally specific and the story and storytelling showcasing an understanding of who the audience is. 

Viewers also tend to gravitate toward dramas with authenticity, warmth, and optimism, while there is generally a low tolerance for gimmicks – in any genre. In unscripted reality, shows where the audience can see themselves on screen generally enjoy success. “For unscripted it’s a mirror,” said Pelser. “We want to see ourselves on screen. (Shows) that remind us who we are – those tend to work.”

Tebogo Matlawa, Head of Scripted Content: Middle & Mass: South Africa at MultiChoice, echoed Pelser and said that while the audience wants to see themselves on screen, producers should also “look outside the bubble of their own existence” when working on content.

“Our audience likes to be involved and go on the journey” and for that reason, they’ve found that very family-orientated shows, with a female point of view, and generally not risqué, do well. While action and dramas have seen success, there isn’t much of an appetite for violence. “Always think, would you watch this with your grandmother?” he advised when considering pitches for scripted content for middle and mass markets.

Victor Sanchez Aghahowa, Head of Production, West Africa for MultiChoice Africa, as well as Nicola van Niekerk, Head of Content for Premium Channels and co-productions, reiterated MultiChoice’s success with hyperlocal content. “We need the connection; people need to feel. If not, what are you doing?” said Aghahowa. “Compelling characters in compelling situations that anybody can relate to – that’s what we’re looking for. Anything inauthentic will immediately be sniffed out by our younger audience.”

According to Van Niekerk, Showmax, specifically, has seen significant success with documentaries as well as dramas.

In terms of co-productions, Van Niekerk pointed to the necessity for producers to have an in-depth understanding of both the local and the international audience before pitching a project. “As a producer, you need to assess your story and say, ‘Where will this story work?’ Will it work in a very specific demographic hyper locally in South Africa, but where else will it work? Which other broadcaster will like that? And to know that you need to understand all of the broadcaster's strategies (on a global level).”

She warns against assuming that what works locally will work elsewhere. This helps to secure funding if the appetite and interest have already been assessed.

Van Niekerk said popular co-productions generally have three things in common: “It’s crime, it’s English and it’s in a beautiful setting. We can tell that those work the best.”

Lerato Moruti, Senior Manager: Reality and Entertainment for Middle & Mass: M-Net, said that successful reality shows provide a sense of tabloid voyeurism, with family-based reality shows that rate high with viewers. But, said Moruti, South Africans look for meaning in content, and respond well to “help TV”, specifically referring to the popular Mzansi Magic reality show Abandoned about orphaned children that seek out family members later in life.

For more on MultiChoice at MIP Africa visit: https://www.MultiChoice.com/Fame-Week.

Distributed by APO Group on behalf of MultiChoice Group.

SOURCE

MultiChoice Group



Thursday, August 31, 2023

Women Should Not Be Considered Because We Fill a Quota, But that We Are Capable and Deliver

PRESS RELEASE

Women Should Not Be Considered Because We Fill a Quota, But that We Are Capable and Deliver, Says Mwanyengwa Ndapewoshali Shapwanale

Mwanyengwa Ndapewoshali Shapwanale is the Director: Communications and Stakeholders Relations at ReconEnergy in Namibia

JOHANNESBURG, South Africa, August 31, 2023/ -- Following five major oil and gas discoveries made between 2022 and 2023, Namibia’s upstream market has seen a strong wave of interest by global E&P players. Companies such as ReconAfrica, a Canadian-based explorer, have amplified their exploration efforts. The company’s Director of Communication and Stakeholder Relations Mwanyengwa Ndapewoshali Shapwanale plays an integral part in driving both ReconAfrica and Namibia’s energy narrative, serving as an inspiration for those in the field. Shapwanale is featured on the African Energy Chamber’s (AEC) (http://www.EnergyChamber.org) list of 25 Under 40 Energy Women Rising Stars.

Please share a brief overview of your journey in the energy industry that led to your current role? What are some key achievements or milestones that you are particularly proud of?

My journey in the energy sector started in April 2021 when I was approached to provide multimedia consulting, specifically social media services to my current employer ReconAfrica. I immediately realized I could provide much more to the company and engaged the company representative at the time to propose my additional skills and how I could assist the company. This included media relations, corporate communication, government relations, community relations, and brand crisis management. Fast forward a few months, I was appointed as the Director of Communication and Stakeholder Relations. A major part of my role is ensuring and maintaining social license.

I am particularly proud of the work our team has done in community relations. While maintaining a social license is an ongoing and continuous exercise, I am pleased with the work we have put in as a team, and I will continue to work towards progressing this responsibility.

Another proud achievement must be our work towards providing safe and secure access to potable water to the communities in our area of operations through the drilling, installing, and handing over of community water wells in our three years of operation. Apart from the communities, especially women and children, having to walk long distances to fetch water, this is an area where human-wildlife conflict is rampant because of the communities’ dependency on the Kavango River for water. Being able to provide an alternative water source, I believe, contributes to saving lives and meeting the government halfway in their aims to alleviate and even totally eradicate the human-wildlife conflict.

Further, the Namibian nation is quite new to the oil and gas industry, as the past few years have been the most visible action we have seen in the country. For the nation and the average Joe on the street to understand, welcome, and meaningfully participate in oil and gas activities, there must be efforts to educate and inform about the industry and the energy sector at large. As part of my communication role, we have done training with the media so that they can report from an educated, understanding, and informed position.

We have also collaborated with the University of Science and Technology to host bi-monthly public lectures on oil and gas activities in the country. These sessions have been extremely successful, with an audience of over 600 in person and a maximum of 900+ online. The audience included students, professionals from all fraternities, diplomats, academics, and government officials. The speakers included the Minister of Mines and Energy in Namibia, the Petroleum Commissioner, lawmakers, geologists, and educators, to name a few. Lastly, I am pleased to have teamed up with exceptional fellow women in the industry to establish the first ever Women in Oil, Gas, and Energy Association in Namibia, a body aimed at achieving the advancement of women in the energy sector.

Energy poverty is an African reality, and Namibia is not singled out from this reality. Further to that, my area of operation is one of the most socially challenged in our country, and I have started and will continue to use my role to innovatively tackle these challenges to ensure that my country and our continent as a whole benefit from its resources.

The energy industry is known for its complexities. What were some significant challenges you faced along the way, and how did you navigate through them to achieve your goals?

It definitely has to be the onslaught that accompanies the frowning upon of oil and gas exploration and development of this resource by African countries and the public's perception of oil and gas exploration and development. I was very lucky to, very early in my career, listen to the AEC chairperson speak on the just transition as well as really grasp the concept of African solutions for African challenges. This helped me focus on the matter at hand, which is to ensure that I carry out my role without listening to the unwarranted attacks.

Adopting the just transition and African solutions for African challenges has also helped me stay focused on the bigger responsibility, which is to ensure meaningful, impactful, and tangible contributions to eradicating energy poverty in Namibia and the continent, meaningful participation in the sector, and meaningful benefit from the energy sector.

What advice would you give to young females aspiring to excel in the energy sector? Are there any specific strategies or mindsets that helped you overcome obstacles and reach your current position?

Humility, listening to those who have been in the sector, put in the work, collaboration and willingness to learn learn learn!

I was very privileged to have been welcomed into the sector with open arms by so many, including the leadership in our oil and gas sector in the country. I specifically want to highlight the women including Maggy Shino, Victoria Sibeya, MME Dep Minister Kornelia Shilunga, and Taimi Itembu, to name a few. Leadership in my company is the true definition of meaningfully giving a young black woman a seat at the table and supporting her in the role.

It is important to note that it is not enough to be given a seat at the table; the work has to continue to maintain that seat at the table. To be considered at the table should not be to satisfy a quota but because one is capable of excelling, achieving, and delivering.

A career in energy can be demanding. Could you describe a typical day in your life?

Demanding indeed! I am typically up by 05:30 and start my day with reflection, praise, worship, or prayer—not every day as I would like to. Because our team works in different time zones, I use my mornings to attend to emails that may have come through in the night. Having planned my to-do list the night before, I start executing my items for the day.

My role involves a lot of writing; therefore, I am constantly writing or preparing messages. Our meetings normally take place in the late afternoon or early evening. I work well at night and therefore choose to action some of the deliverables right after our meetings, in the evening.

With stakeholder relations, I am also constantly working on monitoring our relations and finding ways to maintain or improve them. One must be innovative. A lot of moving pieces, all the time. The last two hours of my work day are dedicated to upskilling. I try as much as possible to take short courses to assist me in carrying out my role.

Looking ahead, what changes or advancements do you hope to see in the energy sector, and how do you envision your role in shaping that future?

Meaningful participation in the energy sector, advancement of women in the energy sector, community understanding, being informed and educated about the energy sector, meaningfully benefiting from the sector, and overall. I truly believe that local content and meaningful participation in the energy sector needs to start with an understanding and education of the sector. An example is understanding that there are certain skills and capital capabilities we do not have and how we are going to work with operators to achieve our goals in combating energy poverty and social challenges throughout the energy sector. I believe that I can use my role as a vehicle to educate the Namibian nation on the energy sector for the purpose of meaningful participation.

Additionally, being on the ground and understanding the social challenges means using my role as a vehicle to be innovative in tackling these challenges and ensuring meaningful impact. As a female executive in the energy sector, it is my duty to show other women that it is possible to be in the energy sector meaningfully. At the same time, I have the very important duty to show and prove that women in the sector are capable, deliver, and have the skills to contribute to the sector. Moreover, women should not, are not, and don’t just want to be considered because we are women and that we can fill a quota, but that we have capacity, put in the work, have the skills, are capable, and deliver.

Distributed by APO Group on behalf of African Energy Chamber.

SOURCE

African Energy Chamber



African Energy Chamber Urges Gabon To Protect Oil & Gas Assets Amid Political Coup

PRESS RELEASE

African Energy Chamber Urges Gabon To Protect Oil & Gas Assets Amid Political Coup

The African Energy Chamber is calling for the security and safety of energy operations and personnel, citing disruptions to the industry as an attack on economic progress

JOHANNESBURG, South Africa, August 31, 2023/ -- The African Energy Chamber (AEC) (www.EnergyChamber.org) urges political and military players in Gabon not to interfere with the country’s oil and gas assets and operations, as tensions rise following the country’s most recent national election. Serving as the voice of the African energy sector, the AEC acknowledges the crucial importance these assets play in creating market stability, driving economic growth while improving the lives of the population. The announcement of a coup by military officers this week has created uncertainty regarding oil and gas operations, and the AEC strongly calls for a collective approach to protecting assets.


Gabon held its most recent national election this week, whereby, following the announcement that President Ali Bongo had won a third term, a group of high-level military officers seized control, citing lack of transparency, credibility and inclusivity in the election process. The military group believes the country to be in a state of political, economic and social crisis, and have seized power in an attempt to “defend peace.” In this current state of conflict, the country’s oil and gas assets – all of which contribute significantly towards Gabon’s economy, providing jobs and opportunities for the population – are at risk.


Currently, active oil and gas companies in Gabon have stated that their operations have not been impacted, and that the safety and security of workers is of uttermost priority. These include TotalEnergies, who is prioritizing the safety of employees and operations; Tullow and Perenco, both of which are closely monitoring the situation; Maurel & Prom, stating that all employees are safe; BW Energy, stating that all offshore operations have continued as normal, and many more. However, as tensions mount, concerns are rising that oil and gas activities could be halted.


“At a time such as this, there needs to be assurance from all sides that Gabon’s oil and gas activities will not be impacted. The country needs its hydrocarbons to function, grow and thrive. Any disruptions to oil and gas activities will result in significant challenges for the country, its citizens and its development. As such, the Chamber strongly calls for a collective approach to protecting these assets and ensuring stability and security across this industry,” states NJ Ayuk, Executive Chairman of the AEC. 


Gabon’s energy industry is multifaceted, with developments taking place across ever segment of the value chain. Representing a pillar of the country’s economy, oil and gas is responsible for generating income, creating employment and advancing the livelihoods of the population. The country holds two billion barrels of proven oil reserves and 1.2 trillion cubic feet of natural gas, and major projects in the country include the Hibiscus/Ruche development; the Cap Lopez oil terminal and Liquefied Natural Gas facility; the Etame Conventional Oilfield and many more. Protecting these assets should be a top priority, and the Chamber strongly advocates for security regarding Gabonese oil and gas operations.

Distributed by APO Group on behalf of African Energy Chamber.

SOURCE

African Energy Chamber



Tuesday, August 22, 2023

25 Under 40 Energy Women Rising Stars: Rekik Bekele

PRESS RELEASE
25 Under 40 Energy Women Rising Stars: Rekik Bekele
Rekik Bekele is the CEO and Founder of Green Scene Energy

Access Multimedia Content

JOHANNESBURG, South Africa, August 22, 2023/ - The 25 Under 40 Energy Women Rising Stars is a list celebrating the remarkable achievements of a select group of women across Africa’s energy sector, such as Rekik Bekele. With the objective of providing access to electricity to Ethiopia’s population, Bekele founded Green Scene Energy, and serves as a source of inspiration for many across the industry. The African Energy Chamber (http://www.EnergyChamber.org) spoke to Bekele about her success and future aspirations.

Please share a brief overview of your journey in the energy industry that led to your current role? What are some key achievements or milestones that you are particularly proud of?

With a Bachelor of Science (BSc) degree in Electrical Engineering from Addis Ababa University, I have been actively engaged in the sector since 2010. My commitment to professional development and industry engagement is demonstrated by my role as a board member of the Ethiopian-Solar Energy Development Association and her participation as an Acumen East Africa fellow.

In 2016, I founded Green Scene Energy PLC, where I currently serve as the CEO and co-founder. The company has made remarkable achievements in expanding access to clean energy, creating job opportunities, and driving positive change within the industry. I take pride in providing solar home lighting solutions to over 9000 households, installing over 85 pumps, and implementing productive use solutions, thereby improving the lives of numerous individuals and communities.

My dedication to creating a sustainable energy future is further exemplified by my active participation as a keynote speaker in major off-grid energy events. Through these engagements, I share valuable insights and promote sustainable solutions, inspiring others and fostering dialogue within the renewable energy sector. I also take part in speaking engagements at universities and other events, where I aim to motivate and empower young women engineers.

The energy industry is known for its complexities. What were some significant challenges you faced along the way, and how did you navigate through them to achieve your goals?

In the renewable energy industry, I have indeed faced several significant challenges along the way. The complexities within the energy industry have required careful navigation and innovative strategies to overcome.

Limited Access to Funding: One of the major challenges has been the limited availability of funding and financial resources. Building and scaling renewable energy projects require significant investments, and securing adequate funding can be a daunting task. To overcome this challenge, I actively sought out partnerships with investors, financial institutions, and international organizations that share our vision of sustainable energy solutions.

Regulatory Environment: Policies and regulations in the energy industry sometimes do not adequately support the growth and development of renewable energy projects. This creates hurdles for implementation and slows down market growth. To address this challenge, we actively engage with government agencies, policymakers, and industry associations to advocate for favorable policies and regulations.

Availability of Foreign Currency: Another challenge we encountered was the availability of foreign currency. This affected the importation of necessary equipment, materials, and components required for renewable energy projects. To navigate through this challenge, we worked closely with financial institutions and partners to explore alternative financing options and strategies for sourcing essential resources locally. This helped us overcome the limitations posed by currency availability.

Impact of the COVID-19 Pandemic: The COVID-19 pandemic had a significant impact on the renewable energy industry. It disrupted supply chains, leading to delays in project implementations and hindering access to necessary materials and resources. Additionally, the closure of construction sites and limitations on international travel also affected progress. To navigate through this challenge, we adapted our operations by implementing remote working arrangements, exploring local supply chains, and prioritizing the safety and well-being of our employees.

Internal Conflict: The internal unrest between the Ethiopian government and the Tigray People's Liberation Front further added to the challenges faced in the industry. This conflict disrupted operations, hindered project progress, and impacted stability in the region. To navigate through this challenge, we closely monitored developments and made necessary adjustments to ensure the safety of our staff and projects.

Despite these challenges, we remain committed to our goals of promoting sustainable energy solutions.

What advice would you give to young females aspiring to excel in the energy sector? Are there any specific strategies or mindsets that helped you overcome obstacles and reach your current position?

As a young female aspiring to excel in the energy sector, I would advise you to:
  • Embrace Challenges: Be open to stepping out of your comfort zone and taking on challenging roles or projects. Sometimes, it's in these unfamiliar territories that you discover your true passion and purpose.
  • Seek Opportunities to Learn: Look for opportunities to gain knowledge and skills in the energy sector. Attend workshops, webinars, and conferences, and stay updated with the latest advancements in the industry. Continuous learning will help you stay ahead and excel in your field.
  • Build a Strong Network: Connect with professionals in the energy sector, both male and female. Networking can provide you with mentorship, guidance, and valuable connections that can help you overcome obstacles and reach your goals.
  • Be Resilient: Overcoming obstacles is a part of any career journey. Develop a mindset of resilience, tenacity, and determination. Learn from failures, adapt and keep moving forward towards your goals.
  • Find Your Passion and Purpose: Identify what truly motivates and inspires you in the energy sector. Whether it's finding solutions to community problems, like energy poverty, or innovating in the field of sustainable farming, align your work with your passion and become a driving force for positive change.
Remember, success is a journey, and perseverance, continuous learning, and passion will be your guiding lights along the way.

A career in energy can be demanding. Could you describe a typical day in your life?

A career in the energy sector is indeed demanding, and I can relate to the challenges you are facing. Here is a glimpse into a typical day in my life:

6:00 am: I start my day with exercise, either by going for a run or hitting the gym. Physical activity helps me stay energized and focused throughout the day.

8:00 am: I begin my workday by checking emails and reviewing my schedule for the day. This allows me to prioritize tasks and address any urgent matters.

9:00 am: I usually have meetings with my team to discuss ongoing projects, review progress, and address any challenges or opportunities. These discussions involve brainstorming solutions, making strategic decisions, and coordinating resources effectively.

11:00 am: I dedicate this time to collaborating with partners and stakeholders in the energy industry. This may include attending online conferences or meetings to explore potential collaborations, partnerships, or funding opportunities. Building strong relationships and networking are vital for success in this industry.

1:00 pm: I usually bring my lunch or breakfast to the office and have it around this time. Taking a break to nourish myself is important for maintaining focus and productivity.

6:00 pm: My work typically continues until this time, but it may sometimes extend to 8:00 pm or later, depending on the demands of the day. I prioritize completing pending tasks, following up on important matters, and preparing for the next day.

I understand the challenges of balancing work and family life. I am fortunate to have the support of my understanding and supportive family, especially my husband who is also my business partner. His sacrifice and dedication to our shared vision have been instrumental in establishing Green Scene Energy UK. While it can be demanding, I try to find a balance and make time for my family and personal interests like running and dancing.

Looking ahead, what changes or advancements do you hope to see in the energy sector, and how do you envision your role in shaping that future?

Looking ahead, I have several hopes for changes and advancements in the energy sector:
  • Energy Access for All: I hope to see a significant shift to ensure universal access to clean and affordable energy. I hope to see advancements in technology and innovative business models that can bring energy access to underserved communities, both in rural and urban areas.
  • Green Scene's vision is to contribute to the national electrification plan. Manufacturing solar appliances for rural households and generating energy with Power Purchase Agreements (PPA) are promising approaches.
  • Manufacturing Solar Appliances: By manufacturing solar appliances specifically designed for rural households, Green Scene can help bridge the electricity gap in Ethiopia. This initiative will provide access to clean and affordable energy for millions of households, improving their quality of life, and supporting socio-economic development.
  • Generating Energy with PPAs: PPAs can play a crucial role in increasing renewable energy generation capacity. By partnering with private investors, government entities, or utilities, Green Scene can establish renewable energy power plants and sell the generated electricity through long-term agreements.
Distributed by APO Group on behalf of African Energy Chamber.

SOURCE
African Energy Chamber



25 Under 40 Energy Women Rising Stars: Ibilola Akinnola

PRESS RELEASE
25 Under 40 Energy Women Rising Stars: Ibilola Akinnola
Ibilola Akinnola is the LNG Shipbroker at Maersk

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JOHANNESBURG, South Africa, August 22, 2023/ -- As Africa’s energy sector expands, innovative approaches to exploring, developing and distributing energy are required. Featured on Africa’s 25 Under 40 Energy Women Rising Stars list is Ibilola Akinnola, who currently serves as an LNG Shipbroker at Maersk. Akinnola spoke with the African Energy Chamber (www.EnergyChamber.org) about the industry, some of the challenges she faced and what message she has for young females aspiring to excel in the energy sector.

Please share a brief overview of your journey in the energy industry that led to your current role? What are some key achievements or milestones that you are particularly proud of?

My journey in the energy sector started as a young lawyer in Lagos, Nigeria. After finishing my undergraduate degree in the UK and returning to Nigeria for law school, my interest in corporate law shifted to oil and gas law. As Nigeria remains predominantly an exporting country, oil and gas law ultimately led me to shipping law. My interest in the energy industry was sparked by my work at ACAS-Law (now Dentons ACAS-Law) as an oil and gas solicitor and shipping barrister. Due to the global nature of the shipping business, my experience as both a maritime barrister and oil and gas solicitor involved working on transactions for notable entities such as APM Terminals and NNPC on matters ranging from an arrest of a vessel in Nigerian waters to oil field acquisitions in the Niger Delta region for regional companies such as Seplat Nigeria.

Subsequently, I decide to return to the United Kingdom to further my understanding of the industry, by embarking on a master’s degree in International Shipping Law with a focus on trade disparities in the application of international shipping conventions in developing countries vs developed countries and the goal of specializing in shipping as a commodity. My master's degree highlighted the need for energy development in developing nations, particularly in African countries. I completed my master’s degree in 2020 and began working as an energy trainee for Energias de Portugal (EDP), a Lisbon-based Portuguese energy company, further expanding my network into European energy. This elevated me into price reporting at S&P Global, where I emerged as the sole market specialist for LNG freight markets in the Atlantic basin. It was here I saw the consolidation of all my contacts in Africa, Europe, and other locations as I analyzed and priced LNG shipping deals done west of the Suez Canal, covering Europe, Africa, and the Americas. This journey paved the way for my current role as an LNG Shipbroker at Maersk Broker.

Over the course of my career, which has covered three major continents, I have achieved a multitude of outstanding feats and pivotal milestones, these achievements include, but are not limited to:
  • Dentons Acas-Law legal team due diligence the oil field acquisition of OPL 276, situated in the eastern Niger Delta region.
  • Pioneering the conceptualization and launch of two first-to-market price assessments during my tenure at S&P Global. The first price assessment for two-stroke ships in the spot market to be assessed and published.
  • Elevated the role of LNG freight market specialist at S&P Global by amplifying visibility and fostering critical engagement on trade flow shifts. Notably, I was invited to present at the 44th Annual Caribbean Energy Conference in Santo Domingo, Dominican Republic, January 2023.  Engaging with regional stakeholders to analyse the effect of freight markets and trade dynamics within the Caribbean context.
  • Driving over 30% increase in engagement with African stakeholders in the LNG industry at Maersk Broker, looking to both small-scale LNG and larger scale shipping to ease entry into the global LNG shipping market of African entities.
The energy industry is known for its complexities. What were some significant challenges you faced along the way, and how did you navigate through them to achieve your goals?

Navigating my journey, I encountered pivotal challenges that underscored the importance of access and opportunity. Foremost among these challenges was the perpetual struggle of gaining entry. Whether grappling with visa complexities as an international student seeking work in the UK during the pandemic's peak or contending with visa delays inherent to my Nigerian passport, my pursuit as an African in a global industry was marked by shut doors. A notable instance materialized in October 2020 when the onset of the COVID-19 pandemic not only shuttered international borders but also stagnated economies and hiring processes. This compelled me to depart from my role at EDP, returning to Nigeria and effectively commencing from square one at a juncture when I anticipated my career to flourish.

At the core of my approach lies the fundamental tenet, "Where there's a will, there's a way." Confronting such challenges has honed my capacity to pivot and adapt. During the subsequent four months spent in my parents' Nigeria home, I dedicated myself to applying for international opportunities in shipping and energy that transcended geographical confines and offered visa sponsorships. I harnessed the power of LinkedIn to cultivate my online network, compensating for my inability to be physically present in London or Lisbon for industry engagement. It was during this phase that and soon thereafter the opportunity at S&P Global came and I was back on a flight to London in February 2021.

Through persistence, adaptability, and a tenacious spirit, I've embraced the philosophy that challenges are not barriers but rather pathways to novel opportunities. My journey has reiterated the significance of resourcefulness in carving one's way forward and leveraging my unique blend of cultures from working and living in different environments as a strength.

What advice would you give to young females aspiring to excel in the energy sector? Are there any specific strategies or mindsets that helped you overcome obstacles and reach your current position?

For young women with aspirations to excel in the dynamic energy sector, I offer the following guidance: embrace the courage to stand out, for it is often in those moments of distinctiveness that we carve our path to success. Allow your curiosity to guide you across diverse industries, as every experience will contribute to your growth and versatility. Don't be hesitant to welcome new challenges, for it is within these uncharted territories that your greatest innovation and capabilities can flourish. In a traditionally male-dominated field, it's essential to recognize the power of your uniqueness. Your different perspective, insights, and approaches can yield solutions that may not have been considered before. The energy sector is continuously evolving, demanding fresh perspectives to address complex challenges and drive innovation. By daring to stand out, you not only bring your own voice to the table but also contribute to the transformation of an industry that would only ever thrive on diversity of thought.

A career in energy can be demanding. Could you describe a typical day in your life?

In my role as a shipbroker, my days are a blend of diverse activities. I kickstart with emails, follow up on any ongoing discussions or shipping requirements from the days before and stay updated on the latest market developments. Engaging with clients in chartering discussions and opportunities, ensuring all viable opportunities are maximized. I delve into market research to provide accurate insights while continuously seeking networking opportunities enhances my industry connections.

Guiding clients through decisions and creatively solving problems are fundamental components to the role. As the day winds down, I ensure updates are shared with clients and colleagues alike. It's a fast-paced, rewarding role that relies on effective communication, thorough research, and adaptability to navigate the dynamic world of LNG shipping.

Looking ahead, what changes or advancements do you hope to see in the energy sector, and how do you envision your role in shaping that future?

Looking ahead, I envision a shift towards sustainable energy sources, driven by renewable technologies and innovative solutions to foster a greener future. In this landscape, I hope to bring a diverse perspective whereby I can merge my cultural insights with global industry trends and foster truly global trade in energy markets- particularly with the goal of maximizing Africa’s full energy potential.
Distributed by APO Group on behalf of African Energy Chamber.

SOURCE
African Energy Chamber


Friday, August 18, 2023

African Energy Week (AEW) 2023 Africa-Europe Roundtable to Discuss the Competing Priorities and Potential Collaboration

 


African Energy Chamber
 

PRESS RELEASE
African Energy Week (AEW) 2023 Africa-Europe Roundtable to Discuss the Competing Priorities and Potential Collaboration
During African Energy Week 2023, a spotlight will be placed on the collaborative efforts between Africa and Europe in achieving global energy security while facilitating a just transition

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JOHANNESBURG, South Africa, August 18, 2023/ -- The global energy landscape is at a crossroads, with Europe and Africa facing distinct yet intertwined challenges in their pursuit of sustainable development. As the African Energy Week (AEW) approaches, the stage is set for a critical discussion on the delicate balancing act required to harmonize Europe's renewable energy aspirations with Africa's drive towards oil and gas-powered industrialization. At the upcoming Africa-Europe Roundtable Discussion to be held at AEW - scheduled for October 16-20 in Cape Town - participants will delve into the complexities of these competing priorities, highlighting the need for collaboration and innovative solutions.

Historically, Africa has been heavily reliant on external financial assistance for its energy projects, rendering it susceptible to shifts in global policies and investment trends. While foreign aid has facilitated advancements in renewable energy, Africa's untapped oil and gas reserves, comprising a staggering 620 trillion cubic feet of gas and 125.3 billion barrels of oil, hold the potential to revolutionize the continent's energy landscape and spur sustainable economic growth. The imperative here is to transition away from aid dependency towards commercial relationships that enable Africa to harness its own energy potential.

In recent times, Europe has shown a strong commitment to transitioning towards renewable energy sources. This shift is driven by growing environmental concerns and the global push for decarbonization. A notable example is the EU's Africa-EU Green Energy Initiative, a forward-thinking framework with three key objectives: improving access to affordable and environmentally friendly energy, promoting investment in renewable energy projects, and encouraging community involvement while ensuring financial backing. While investing in renewable energy in Africa is crucial for the continent's decarbonization goals, Africa also remains determined to utilize its substantial oil and gas reserves to drive economic growth and industrialization. This contrast in priorities has created a distinct challenge, demanding a considerate and strategic approach to achieve mutual progress while effectively tackling energy security and climate change issues.

Amidst the turmoil of the Russia-Ukraine conflict, a notable paradigm shift occurred as Europe found itself compelled to explore alternative energy sources, such as African gas and coal imports, underlining the intricate interdependence of these continents and its energy resources. This scenario reinforces the imperative for open dialogues and cooperative strategies to address shared energy challenges.

While Europe's emphasis on renewable projects is undeniable, the partnership between European companies and African counterparts has been pivotal in advancing oil and gas initiatives. Collaborative efforts such as TotalEnergies' involvement in the Egina deepwater field in Nigeria and Eni's projects across several African nations, notably Mozambique’s Coral Sul, exemplify the positive impact of such partnerships. Beyond mere energy production, these ventures contribute to job creation, skills development, and economic empowerment, aligning with Africa's drive for industrialization.

Meanwhile, nations like Tanzania and Mozambique are positioning themselves as vital players in Europe's search for alternative gas sources. With visionary offshore projects and forthcoming liquefied natural gas (LNG) initiatives, these countries are poised to cater to Europe's energy demands in the near future. This emerging synergy reinforces the importance of Africa's resources in Europe's quest for energy diversification.

As the Africa-Europe Roundtable Discussion at AEW approaches, the focus is on fostering comprehensive dialogue between African executives and European investors. This platform transcends traditional aid frameworks, aiming to establish mutually beneficial commercial collaborations that address Africa's energy needs while offering lucrative opportunities to European investors. The roundtable's significance is paramount, as it not only tackles immediate energy challenges but also catalyzes broader economic growth and trade between the two continents.

The balancing act between Europe's renewable agenda and Africa's oil and gas ambitions is complex but not insurmountable. The Africa-Europe Roundtable discussion at AEW stands as a pivotal moment in shaping this collaborative journey. By navigating these competing priorities and fostering strategic partnerships, both continents can pave the way for sustainable energy, economic growth, and global cooperation.

AEW is the AEC’s annual conference, exhibition and networking event. AEW 2023 will unite African energy policymakers and stakeholders with global investors to discuss and maximize opportunities within the continent’s entire energy industry. For more information about AEW 2023, visit https://AECWeek.com
Distributed by APO Group on behalf of African Energy Chamber.

SOURCE
African Energy Chamber


Thursday, August 17, 2023

Dr. Precious Moloi-Motsepe To Deliver Keynote at Africa Women Innovation and Entrepreneurship Forum (AWIEF) 2023 Conference in November in Kigali

 


Africa Women Innovation and Entrepreneurship Forum (AWIEF)
 

PRESS RELEASE
Dr. Precious Moloi-Motsepe To  Deliver Keynote at Africa Women Innovation and Entrepreneurship Forum (AWIEF) 2023 Conference in November in Kigali
Dr. Moloi-Motsepe is the Co-founder of the Motsepe Foundation, one of the largest foundations on the continent

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CAPE TOWN, South Africa, August 17, 2023/ -- The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (https://www.AWIEForum.org) has confirmed that esteemed South African businesswoman, philanthropist, and fashion entrepreneur, Precious Moloi-Motsepe will deliver a keynote address at the 2023 edition of their prestigious annual AWIEF Conference and Awards.

AWIEF2023 Conference and Awards will take place on 9 and 10 November 2023 at the Kigali Convention Centre, Kigali, Rwanda, in partnership with the Ministry of ICT and Innovation of Rwanda, Private Sector Federation (PSF) Rwanda – Specialized Cluster, and Rwanda Convention Bureau.

Dr. Moloi-Motsepe is the Co-founder of the Motsepe Foundation, one of the largest foundations on the continent. The work of the Foundation is aligned to 12 of the 17 Sustainable Development Goals (SDGs) outlined by the United Nations, demonstrating its commitment to promoting sustainable development and making a positive impact on the continent.

She is also the Chancellor of the University of Cape Town, and the Founder of African Fashion International (AFI), a globally affiliated enterprise that champions African creatives and facilitates their entrance into global markets.

Currently in its 9th year, the award-winning AWIEF Conference is Africa's leading entrepreneurship event and provides a powerful platform for bringing together thought leaders, policymakers, development partners, and stakeholders in the African entrepreneurship and innovation ecosystem for high-level discussions on Africa's economic development challenges and proffering inclusive solutions.

By bringing together a pan-African and international representation of business owners, leaders, and communities, the AWIEF event promotes intra-Africa trade, shines a light on achievements and acts as a catalyst to network, share knowledge, engage in dialogue, and learn from experts and peers across the continent’s borders and beyond.

With the theme Leveraging the Power of the Digital Economy: Innovate, Redefine, Empower, this year’s event aims to boost inclusivity, enhance partnerships, and empower startups and enterprises in the digital economy.

About her participation in AWIEF2023, Dr. Moloi-Motsepe said: “If we work together and act decisively, we can attain gender equality in our lifetimes. Using the power of the digital economy to drive African female entrepreneurship and innovation is a key dimension of this journey. I am excited about AWIEF2023, and proud to be a participant. Let’s use the opportunity to meet, learn, collaborate, and inspire, and in so doing build the momentum we need to empower all the women of Africa.”

Irene Ochem, AWIEF Founder and CEO said: “We are honoured and excited at the participation of Dr. Moloi-Motsepe in AWIEF2023, an exemplary global philanthropist and businesswoman. She is a leading advocate and driving force for the advancement of women in leadership and gender equality and serves as an inspirational figure and role model for women in business.”

Dr. Moloi-Motsepe joins a powerful global speaker faculty for AWIEF2023, including H. E. Paula Ingabire, Minister of ICT and Innovation, Rwanda, Fatma Samba Diouf Samoura, Secretary General, FIFA, Clare Akamanzi, CEO, Rwanda Development Board, Cosmas Zavazava, Chief of Department, Partnerships for Digital Development, International Telecommunication Union, Yvonne Manzi Makolo, CEO, RwandAir and Chairperson, Board of Governors, IATA, and Eleanor Nwadinobi, President, Medical Women's International Association (MWIA).

To register for AWIEF2023, follow this link: https://apo-opa.info/3OHNxPI
Distributed by APO Group on behalf of Africa Women Innovation and Entrepreneurship Forum (AWIEF).
 
Media enquiries:
Riana Andrews
Email: info@awieforum.org

SOURCE
Africa Women Innovation and Entrepreneurship Forum (AWIEF)


Monday, August 14, 2023

12 Growth Stage Startups Selected for 2023 VC4A Venture Showcase Africa

 


VC4A
 

PRESS RELEASE
12 Growth Stage Startups Selected for 2023 VC4A Venture Showcase Africa
This annual flagship program brings together the best and brightest startups from across the continent, giving them the opportunity to pitch their ideas to investors and industry experts

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AMSTERDAM, Netherlands, August 14, 2023/ -- VC4A (https://www.VC4A.com), the leading startup platform in emerging markets, is proud to announce the 12 African startups that have been selected to participate in the 2023 VC4A Venture Showcase Africa. This annual flagship program brings together the best and brightest startups from across the continent, giving them the opportunity to pitch their ideas to investors and industry experts with the objective of raising their Seed or Series A fuding rounds.

The 12 startups selected for the 2023 Venture Showcase Africa are:

Three ventures from Egypt, which are Rology (https://apo-opa.info/455sUUU), an AI-assisted tele-radiology platform that helps deliver accurate radiology reports on time; FreshSource (https://apo-opa.info/451X5fw), a B2B agri-supply chain platform that uses data and technology to connect producers to businesses, guarantee fair prices, and minimize food loss; and Pharmacy Marts (https://apo-opa.info/47H09zA), a B2B marketplace for pharmacies that provides a one-stop shop for products, financing, and logistics.

Four startups from Nigeria namely; Vendy (https://apo-opa.info/3YvNpaP), which helps businesses accept payments from customers without internet access; Treepz (https://apo-opa.info/3OCiBQS), a car-sharing platform for Africa that aims to reduce CO2 emissions; Winich Farms (https://apo-opa.info/3qCT7ee), an application that connects food producers to informal food processors and retailers in Africa; and OmniRetail (https://apo-opa.info/3OAwu21), a B2B e-commerce platform offering supplier & retail software, to connect the informal retail ecosystem across Africa.

Three startups from Kenya; Duhqa (https://apo-opa.info/3OBqdDi), a digital supply chain platform that uses AI and automation to help SMEs and manufacturers grow their businesses; MPost (https://apo-opa.info/3KDJtPu) which is a digital platform that turns mobile phone numbers into formal postal addresses, and SympliFi (https://apo-opa.info/3OTghFF), a blockchain-powered credit-as-a-service platform that provides affordable credit to MSMEs in Africa.

To close the top 12 list, one startup each from Uganda and Senegal; Emata (https://apo-opa.info/3OW2PC7) is a digital lending platform on a mission to provide loans to millions of farmers in East Africa and Maad (https://apo-opa.info/3KCIizP), is an e-commerce marketplace connecting manufacturers and retailers in Francophone Africa.

These high-growth ventures were chosen from a pool of hundreds of applicants, and represent a diverse range of industries and sectors in the Seed and Series A tracks. Each startup will receive mentorship, technical assistance and will have the opportunity to showcase their companies to an audience of investors and industry leaders in the VC4A Deal Room.

"We are thrilled to unveil these exceptional startups for our upcoming VC4A Venture Showcase Africa 2023 program. Each is a beacon of innovation and entrepreneurship. These visionary teams have demonstrated remarkable potential and we eagerly anticipate the transformative journey ahead as we accelerate their growth and shape the future together," said an excited Abu Cassim, Lead of the Acceleration Team at VC4A.

We thank our 2023 Africa sponsors, the African European Digital Innovation Bridge Network AEDIB|NET and Work in Progress! Alliance, for their commitment to strengthening Africa's startup ecosystem. Their support was essential to the success of this cohort selection process.

For more information about the final cohort of the 2023 VC4A Venture Showcase Africa, please visit VentureShowcase.VC4A.com.
Distributed by APO Group on behalf of VC4A.
 
Media Contact:
Boyewa Abiodun-Adepoju
boyewa@vc4a.com

About VC4A:
VC4A is an ecosystem builder that leverages its infrastructure, network, and expertise for the programs that contribute to the startup movement in emerging markets. Since 2008, the organization has designed, structured, and implemented successful entrepreneurship programs on the continent. VC4A runs an online platform featuring the world’s largest database of startups in Africa and Latin America, connecting entrepreneurs to resources, networks, and funding. Visit https://VC4A.com/ for more information.

About Work in Progress! Alliance:
The Work in Progress! Alliance, funded by the Dutch government, aims to enable young people from diverse backgrounds to generate sustainable living wages and create optimism about their future. As a member of the Alliance, VC4A works with partners on the acceleration of start-ups and the offering of business development services (BDS) to impact-driven small and medium-sized enterprises (SMEs) so they can employ more young people.

About AEDIB|NET:
The African European Digital Innovation Bridge (AEDIB|NET) is an EU/Horizon2020 project that aims to strengthen a common African European digital innovation ecosystem by supporting local digital innovation and startup Ecosystems in Africa, thereby facilitating the collaboration between European and African innovation hubs. The project has a specific focus on Climate Smart Agriculture, Smart Cities, Digital Trade and Cleantech.

SOURCE
VC4A