Kruger at 100: A South African conversation story

Source: Government of South Africa

Kruger at 100: A South African conversation story

By Niko Allie 
For many South Africans, the Kruger National Park (KNP), affectionally known as Kruger to many, has been our window into the wild.  Every visit to this iconic national treasure is an opportunity to interact with nature and possibly view the Big 5.

On 31 May 2026, the Kruger National Park reaches a historic milestone, marking 100 years of conservation excellence and wildlife protection since its establishment in 1926.

Today the Kruger attracts nearly two million visitors annually and has retained its standing as a top African safari destination. It has become a must visit destination for locals and visitors alike.
    
Most visitors are South African residents who account for about 80% of visits.  However, there has been a steady growth in travellers from neighbouring Southern African Development Community (SADC) countries, who mostly come as day visitors.

Of course, in a country such as ours, a destination like the Kruger National Park does not exist in isolation. Over the years, the Kruger has balanced its conservation mandate and our nation’s societal challenges. The park has become a major economic driver, contributing millions to the economy and supporting extensive local employment. Tourism revenue stands at over R800 million, and accommodation revenue continues to perform strongly.  

The centenary of this South African landmark is an opportunity for all of us to relive the wonder and splendour of nature. It is a reminder that humans can co-exist with animals and nature, and that our very survival as a species is linked to that of our planet and its fragile ecosystems.

The Kruger is home to 147 mammal species; including all of the iconic Big Five, and boasts more than 500 bird species, and a variety of reptiles, amphibians and plants. It is an integral part of the Great Limpopo Transfrontier Park, which encompasses wildlife areas in Mozambique and Zimbabwe.

The KNP is a story of hope, it is an enduring part of the South African narrative, and like any good story there are many twists and turns. The Kruger is a living monument of the fragile balance between humans and nature.  

Severe weather which has become a constant in many provinces in South Africa is now part of the story of Kruger. Climate change is shifting rainfall patterns and drying waterholes, putting pressure on the park and its inhabitants.  

The story of Kruger is also about the communities adjacent to the park and their rightful quest for greater economic inclusion and cultural recognition. Therefore, a vital part of the centenary is to connect staff, surrounding communities, and visitors in honouring the park’s rich history while looking forward to the next century of biodiversity conservation.

It is also true that ensuring a sustainable future for the park and adjacent communities will require renewed thinking on how to ensure greater investment in community-led tourism, along with anti-poaching operations.  

Often hailed as the jewel in our majestic wildlife offerings, the Kruger must continue to be a sanctuary that is open and welcoming to all. Every person who visits must leave with memories for a lifetime, a deep desire to protect our natural landscape and return to visit it time and time again.    

The centenary celebration stands as a magnificent part of South Africa’s story. It is a profound reminder that even in an ever-changing world, there is room for nature and humans to both co-exist and thrive.  

*Allie is the Deputy Director at the Government Communication and Information System.

 

Neo

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South Africa calls for stronger global cooperation in addressing population dynamics

Source: Government of South Africa

South Africa calls for stronger global cooperation in addressing population dynamics

South Africa has called for renewed global cooperation to advance dignity, equality and sustainable development, as world leaders gather to address the challenges of a rapidly changing global landscape.

Delivering the country’s statement at the 59th session of the United Nations Commission on Population and Development (CPD59) in New York, Deputy Minister of Women, Youth and Persons with Disabilities, Steve Letsike, stressed the importance of collective global action in addressing the complex intersection of population dynamics, technology and development.

“We are working together and convening at this important session guided by the Programme of Action and the Living Global Compact, which continues to steer our shared pursuit of dignity, equality and sustainable development,” Letsike said on Monday.

Held under the theme: “Population, Technology and Research in the Context of Sustainable Development”, the session provides a platform for countries to share national experiences and policy approaches.

Letsike highlighted that demographic shifts, inequality and rapid technological transformation are reshaping development pathways globally and within South Africa. 

She noted that these challenges are deeply rooted in lived realities shaped by the enduring legacies of apartheid, patriarchy and economic exclusion.

South Africa, she said, is characterised by a youthful population, with a median age of 28, and a growing ageing demographic, underscoring the need for inclusive, life-cycle-based development strategies.

“This reminds us that development cannot be fragmented — it must be approached across the full life cycle, anchored in human dignity,” she said.

The Deputy Minister outlined South Africa’s response as deliberate and inclusive, grounded in intersectional justice, reflecting the country’s constitutional commitment to substantive equality. This includes addressing inequalities linked to race, class, gender, culture, disability, geography and sexuality.

She emphasised that population issues are closely tied to broader questions of governance, knowledge creation and access to technology, and the risk of exclusion in an increasingly digital world.

“Our response as government is focused on investing in human capability and capital, while ensuring that no one is left behind,” Letsike said, highlighting initiatives to increase women’s participation in science, technology, innovation and research.

South Africa is also using technology to improve service delivery, strengthen governance and expand access to essential services.

Letsike pointed to legislative frameworks, such as data protection and cybercrime laws aimed at safeguarding users, particularly vulnerable groups in an increasingly digital world.

The Deputy Minister warned of the growing risks posed by harmful online trends, calling for coordinated, human rights-based responses to protect users while advancing development.

She reaffirmed that sexual and reproductive health and rights remain central to the country’s population agenda, which she described as “non-negotiable.”

“We recognise bodily autonomy, access to information and reproductive justice as fundamental to development,” she said.

South Africa continues to share its development experiences both domestically and across the African continent, while contributing to global development efforts under the leadership of President Cyril Ramaphosa.

In closing, Letsike called for renewed investment in research, data and innovation, universal access to sexual and reproductive health services, urgent efforts to bridge digital divides, and ethical governance of technology to protect human rights.

“We remain committed to working with all partners in the spirit of solidarity, equality and sustainability to ensure that technology serves humanity, and that no one, no community, is left behind,” she said.

The week-long CPD59 is led by the United Nations Population Fund (UNFPA), which is co-hosting a series of high-impact signature side events focused on how innovative technology and data-driven research are revolutionising approaches to population dynamics.

Expected outcomes of the session include the adoption of key resolutions, determining the theme for CPD61, and finalising the CPD60 agenda. – SAnews.gov.za

GabiK

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Renaissance Services acquiert Socat dans le cadre d’une nouvelle stratégie de croissance

Source: Africa Press Organisation – French

Renaissance Services (www.RenaissanceServices.com), le principal fournisseur omanais de solutions de gestion intégrée des installations (GII) et d’hébergement, a annoncé la finalisation de son acquisition de Socat LLC, la filiale omanaise de la multinationale française Sodexo, dans le cadre d’une initiative stratégique de croissance. L’acquisition renforce davantage la position de leader de Renaissance sur le marché et élargit ses capacités de service dans tout le Sultanat.

La clientèle de Socat comprend des installations commerciales et institutionnelles, et cette acquisition stratégique renforce l’empreinte opérationnelle de Renaissance et ajoute de nouvelles capacités de gestion des installations (GI) axées sur la valeur au portefeuille de l’entreprise.

S’exprimant à cette occasion, Samir J Fancy, président du conseil d’administration de Renaissance Services, a déclaré : « La gestion des installations est un catalyseur essentiel de la Vision Oman 2040, soutenant l’efficacité, la durabilité et la résilience des infrastructures et des actifs économiques du Sultanat. En tant que plus grand fournisseur de GII d’Oman, Renaissance s’engage à renforcer l’échelle et la profondeur des capacités nécessaires pour soutenir cet agenda national. »

L’acquisition de Socat représente la première transaction dans le cadre de la stratégie de croissance inorganique précédemment annoncée par Renaissance et devrait soutenir la création de valeur à long terme pour les actionnaires en renforçant davantage la position de marché et l’offre de services de l’entreprise. L’entreprise continue d’évaluer activement des opportunités d’acquisition supplémentaires à Oman et dans la région qui complètent ses forces principales et s’alignent sur ses objectifs stratégiques de croissance à long terme dans le secteur de la gestion des installations et des services de soutien connexes.

Juma Al Khamisi, directeur financier de Renaissance Services, a ajouté : « L’acquisition de Socat renforce notre diversification et améliore la résilience de notre bilan grâce à des flux de trésorerie stables et à long terme. Elle élargira notre présence dans le secteur privé et nous positionne pour une croissance évolutive. »

Erwan Harb, directeur général de Socat LLC, a déclaré : « Au fil des ans, Socat s’est imposée comme un acteur performant et agile sur le marché omanais de la restauration et de la gestion des installations, porté par une forte discipline opérationnelle et une attention claire à la valeur client. Rejoindre Renaissance marque une prochaine étape naturelle dans notre parcours, nous permettant de croître plus rapidement, d’élargir notre empreinte dans le secteur privé et d’apporter des solutions plus compétitives et innovantes au marché. »

Renaissance Services, cotée en bourse à la Bourse de Mascate (MSX), est un leader dans la gestion intégrée des installations, l’hébergement et les services de soutien à Oman. Elle sert des clients prestigieux dans plusieurs secteurs, notamment le pétrole et le gaz, la défense, la santé, les communautés fermées, la gestion des déchets et les services publics sur plus de 100 sites.

Distribué par APO Group pour Renaissance Services.

Contact média :
Benoy Thomas
responsable senior – Communications, Renaissance Services
Tél : +968-24866814 / 99251614
Email : benoy.thomas@renaissanceservices.com

Media files

Renaissance Services acquires Socat as part of new growth strategy

Source: APO

Renaissance Services (www.RenaissanceServices.com), Oman’s leading integrated facilities management (IFM) and accommodation solutions company, has announced the completion of its acquisition of Socat LLC, the Omani arm of the French multinational Sodexo, as part of a strategic growth initiative. The acquisition further consolidates Renaissance’s market leadership and expands its service capabilities across the Sultanate.

Socat’s client base includes commercial and institutional facilities, and this strategic acquisition enhances Renaissance’s operational footprint and adds new value-based facility management (FM) capabilities to the Company’s portfolio.

Speaking on the occasion, Samir J Fancy, Chairman of the Board of Directors, Renaissance Services, said, “Facilities management is a critical enabler of Oman Vision 2040, supporting the efficiency, sustainability and resilience of the Sultanate’s infrastructure and economic assets. As Oman’s largest IFM provider, Renaissance is committed to strengthening the scale and depth of capabilities required to support this national agenda.”

The Socat acquisition represents the first transaction under Renaissance’s previously announced inorganic growth strategy and is expected to support long-term value creation for shareholders by further strengthening the Company’s market position and service offerings. The Company continues to actively evaluate additional acquisition opportunities in Oman and within the region that complement its core strengths and align with its long-term strategic growth objectives in the facilities management and allied support services sector.

Juma Al Khamisi, Chief Financial Officer, Renaissance Services, added, “The acquisition of Socat strengthens our diversification and enhances the resilience of our balance sheet through stable, long-term cashflows. It will expand our private-sector presence and positions us for scalable growth.”

Erwan Harb, Managing Director, Socat LLC, said, “Over the years, Socat has established itself as a high-performing and agile player in Oman’s catering and facilities management market, driven by strong operational discipline and a clear focus on client value. Joining Renaissance marks a natural next step in our journey, enabling us to scale faster, expand our private sector footprint, and bring more competitive and innovative solutions to the market.”

Renaissance Services, which is publicly listed on the Muscat Stock Exchange (MSX), is a leader in integrated facilities management, accommodation and support services in Oman. It serves prestigious clients across multiple sectors including oil and gas, defence, healthcare, gated communities, waste management and utilities at over 100 sites.

Distributed by APO Group on behalf of Renaissance Services.

Media Contact:
Benoy Thomas
Senior Manager – Communications, Renaissance Services
Tel: +968-24866814 / 99251614,
Email: benoy.thomas@renaissanceservices.com

Media files

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Sixth South Africa Investment Conference Drives Economic Growth and Job Creation

Source: Government of South Africa

Sixth South Africa Investment Conference Drives Economic Growth and Job Creation

By William Baloyi 
When a new factory opens its doors, its impact reaches far beyond the production line. It acts as a spark for an economic chain reaction that breathes life into the surrounding community. What starts as a single investment quickly creates a wave of opportunities, enabling households to meet their basic needs and aspire to a better future.

As wages flow into the community, this new income is spent at local spaza shops, paid to taxi operators, and reinvested in small businesses, the backbone of many neighbourhoods. Local retailers, seeing a surge in demand, often hire more staff and expand their offerings to serve growing needs.

These ripple effects extend even further. Suppliers increase production, logistics companies move more goods, and the momentum builds. When multiplied across towns, cities, and provinces, such investments weave together into a powerful national story of growth, job creation, and social development.

Every new investment whether a manufacturing plant, a digital hub, or a transport corridor adds a vital spark to our economy. This vision lies at the heart of government’s investment drive and took centre stage at the successful conclusion of the sixth South Africa Investment Conference (SAIC) in Johannesburg last month.

The event marked a significant milestone, bringing together more than 1000 delegates from over 50 countries to engage directly with South Africa’s investment opportunities. The strong turnout from both domestic and international investors served as a decisive vote of confidence in the country’s potential, reaffirming South Africa’s appeal as a compelling destination for business and investment.

At the core of this momentum was the announcement of nearly R900 billion in new investment commitments. These span 81 projects across all nine provinces and represent a transformative step forward in further uplifting our economy. Of this amount, R415 billion is confirmed fixed investment, with a further R474.8 billion allocated towards direct fixed investment.

Sourced from 22 global markets, these commitments are projected to create more than 230,000 permanent jobs. Each job supports families, boosts local consumption, and strengthens the broader economic ecosystem. In this way, investment becomes far more than a financial transaction, it serves as a catalyst for inclusive growth and meaningful social progress.

The expansion of factories, manufacturing capacity, and service industries is essential to sustaining our nation’s employment cycles. Since 2018, when President Cyril Ramaphosa launched the country’s investment drive, approximately R1.56 trillion in investment commitments have been mobilised, exceeding the original target by 26%.

Since the SAIC began, a total of 317 investment pledges have been made. Over R628 billion has already flowed into the economy, 137 projects valued at R400 billion have been completed and 84 projects worth R417 billion are currently under construction.

These investments have undoubtedly bolstered resilience in our labour market. Throughout 2025, the country saw a steady recovery in formal employment and a notable rise in worker earnings. By the fourth quarter, a net gain of 18,000 jobs was recorded, a clear sign that the foundations for long-term growth are being rebuilt.

The positive sentiment has extended to our equity market, with South Africa, according to the latest Bank of America Global Research Equity Strategist report, emerging as the premier investment destination within the Eastern Europe, Middle East, and Africa. The country outpaced Saudi Arabia, the UAE, Poland, Türkiye, Hungary, Greece and Qatar to the top spot. The Bank of America attributes our market leadership to a sustained strengthening in dividend yields and highly supportive valuations relative to historical benchmarks.

The outcomes of the sixth SAIC signal more than immediate gains, they mark the formal start of South Africa’s second investment cycle. With an ambitious target of R2 trillion in new pledges over the next five years, the nation is entering a new phase of economic dynamism, driven by greater policy certainty and aggressive structural reforms.

The conference also highlighted South Africa’s competitive advantage in high-growth sectors, including manufacturing, mining beneficiation, digital infrastructure, agriculture, and green industrialisation. These are the industries with the greatest potential to drive sustainable development and job creation. As these investments take root, they will advance key national priorities: creating jobs, reducing poverty, and addressing inequality.

Beyond the numbers, lies a profound social impact. This economic growth enables the state to reinvest in schools, roads, and hospitals, the very foundations that support further progress. Young people gain clear pathways into the economy, communities become more stable, and a sense of shared progress begins to take hold.

South Africa’s investment drive offers a blueprint for strong economic renewal. When investment flows, opportunity follows, and when opportunity grows, so too does the nation. In turn potential at every level of society is unlocked, restoring dignity, strengthening families, and building confidence in a brighter future for all.

*Baloyi is the Deputy Government Spokesperson at the Government Communication and Information System.

 

 

Neo

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Chambre africaine de l’énergie : l’Afrique doit « raffiner, encore et encore », alors que les perturbations de l’approvisionnement mondial mettent en évidence la nécessité d’un développement du secteur aval

Source: Africa Press Organisation – French


Le secteur aval africain revient sur le devant de la scène alors que les perturbations de l’approvisionnement mondial provoquées par la guerre du Golfe mettent en évidence la nécessité d’une refonte stratégique des systèmes énergétiques africains. Avec plus de 600 millions de personnes vivant sans accès à l’électricité, 900 millions de personnes vivant sans accès à des solutions de cuisson propre et une demande africaine en pétrole qui devrait atteindre 4,5 millions de barils par jour (bpj) d’ici 2050, les acteurs du secteur réunis lors de l’ARDA Week 2026 ont lancé un appel en faveur de l’expansion des capacités de raffinage, de la réduction de la dépendance aux importations et de la valorisation accrue des ressources en hydrocarbures du continent.

Dans son discours d’ouverture de l’événement, NJ Ayuk, président exécutif de la Chambre africaine de l’énergie, a réaffirmé la nécessité d’une expansion du secteur aval comme pierre angulaire de la sécurité énergétique et du développement industriel à travers le continent. Il a souligné que l’urgence de mettre en place des systèmes de raffinage et de distribution robustes n’est plus un simple débat politique, mais un impératif économique et social – dont l’Afrique doit prendre en charge la réalisation.

« Une grande question pour l’Afrique est de savoir si nous allons embrasser l’innovation, la croissance et la prospérité, ou si nous allons retomber dans une époque où nous nierons les faits et les besoins. Nous devons produire plus d’énergie. C’est pourquoi nous ne cessons de répéter « forez, forez ». Nous ne devrions jamais nous retenir sur ce point », a-t-il déclaré.

Revenant sur l’évolution du secteur, M. Ayuk a souligné un changement significatif, passant d’un développement mené par des acteurs étrangers à des investissements pilotés par l’Afrique. « Il y a plus de 25 ans, c’étaient principalement les entreprises étrangères qui faisaient le gros du travail. Qui aurait cru que ce seraient des entités telles que Dangote qui transformeraient le continent, et des entrepreneurs africains comme le Sahara Group qui non seulement posséderaient des raffineries, mais seraient aussi les champions de l’accès à l’énergie. »

Cette transition marque un changement structurel plus large dans le paysage énergétique africain, où les entreprises locales mènent de plus en plus le déploiement de capitaux, le développement des infrastructures et l’intégration de la chaîne d’approvisionnement. Malgré ces progrès, M. Ayuk a souligné que l’Afrique devait affronter ses « réalités » de front. La précarité énergétique reste très répandue, et y remédier nécessite des politiques concrètes plutôt que des débats idéologiques. « La précarité énergétique ne peut pas être seulement une idéologie, mais doit se traduire par des actions », a-t-il déclaré, exhortant les parties prenantes à garder à l’esprit l’ampleur du défi.

L’expansion des capacités de raffinage est au cœur de cette transformation. L’appel d’Ayuk à « raffiner, raffiner encore » a souligné l’importance de développer des capacités de traitement locales afin de réduire la dépendance vis-à-vis des carburants importés, de stabiliser l’approvisionnement et de conserver la valeur économique au sein des marchés africains. Le renforcement du raffinage soutient également les efforts d’industrialisation plus larges, en permettant le développement des secteurs pétrochimique, manufacturier et logistique.

Cependant, la concrétisation de cette vision nécessite des environnements politiques favorables. Ayuk a insisté sur la nécessité de cadres réglementaires stables, de régimes fiscaux compétitifs et d’approches axées sur le marché qui encouragent l’investissement. « Nous devons adopter le libre marché, une gouvernance allégée et la responsabilité. Les entreprises doivent disposer des outils nécessaires à leur réussite », a-t-il déclaré. Cela implique notamment de réduire la fiscalité excessive, de rationaliser les processus réglementaires et de garantir aux entrepreneurs africains l’accès au capital.

La collaboration transfrontalière est également apparue comme un thème essentiel. Alors que le commerce intra-africain fait souvent l’objet de discussions, M. Ayuk a souligné les obstacles persistants qui continuent de freiner les progrès. « Les droits de douane et les formalités douanières sont un véritable casse-tête et nous devons y remédier. Nous devons surmonter ces obstacles et construire ensemble », a-t-il déclaré, appelant à une plus grande coordination entre les pays pour faciliter le commerce régional de l’énergie et optimiser l’utilisation des infrastructures.

En outre, M. Ayuk a souligné l’importance de l’indépendance financière au sein du secteur. Pour répondre à la croissance prévue de la demande, l’Afrique a besoin de plus de 100 milliards de dollars d’investissements dans le raffinage. Cela met en évidence une opportunité unique pour les institutions financières étrangères et africaines qui cherchent à mobiliser des capitaux pour des projets à fort impact à travers le continent.

En fin de compte, les propos de M. Ayuk ont renforcé un consensus plus large au sein de l’industrie : l’Afrique doit poursuivre sans complexe le développement énergétique tout au long de la chaîne de valeur. « Nous ne renoncerons jamais à produire du pétrole. Nous raffinerons, forerons et veillerons à ce que nos jeunes à travers le continent aient accès à l’énergie. Nous ne nous excuserons jamais de produire l’énergie dont nous avons besoin », a-t-il déclaré.

Distribué par APO Group pour African Energy Chamber.

Afreximbank and Government of St Kitts and Nevis Sign Hosting Agreement for AfriCaribbean Trade and Investment Forum (ACTIF2026)

Source: APO – Report:

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African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced the signing of the Hosting Agreement with the Government of St Kitts and Nevis for the fifth edition of the AfriCaribbean Trade and Investment Forum (ACTIF2026).

The signing of the host agreement highlights a shared resolve to deepen Afri-Caribbean partnerships and enhance trade and economic ties. ACTIF2026 will take place from 29–31 July 2026 at the St. Kitts Marriott Beach Resort, Casino & Spa in Basseterre.

Commenting on the signing, Dr George Elombi, President and Chairman of the Board of Directors of Afreximbank, noted that: “At the fifth edition of ACTIF, we will once again reunite with our fellow Africans across the Atlantic to reflect on our shared development challenges and to recommit to the implementation of strategic programmes that will advance our collective aspiration for self-determination and self-reliance. Through ACTIF2026, we will identify priority projects and programmes and dedicate ourselves to effective execution. This will be the pathway to our shared economic development.”

The Prime Minister of St Kitts and Nevis, Dr Terrance M Drew, added: “We are honoured to host the fifth edition of the AfriCaribbean Trade and Investment Forum. This agreement signals our strong commitment to strengthening economic ties between Africa and the Caribbean. We are not just a beautiful destination; we are a gateway for investment, a hub for enterprise, and a proud partner in the Renaissance of Africans. ACTIF2026 will serve as a catalyst for trade and investment, creating new opportunities for our people and businesses.

This forum will create lasting pathways that will benefit our citizens, our region, and the entire African continent for generations to come. We look forward to welcoming delegates from global Africa to St Kitts and Nevis.”

Beyond the beauty of the archipelago, attendees at the fifth edition of ACTIF2026 can expect opportunities to participate in panel discussions on regional trade, explore investment prospects, network with key stakeholders, and learn about initiatives aimed at strengthening Africa–Caribbean economic cooperation.

ACTIF2026 will provide a high-level platform for African and Caribbean governments, investors, private sector leaders, development finance institutions, entrepreneurs, and diaspora stakeholders to deliberate and determine the most suitable pathway for Global Africa to continue to grow amid uncertainty.  Convened by Afreximbank, ACTIF has emerged as the premier platform for mobilising capital, forging partnerships, and accelerating economic integration between Africa and the Caribbean.

ACTIF2025 recorded five Caribbean deals totalling USD 291.25 million across three countries, encompassing Trade and Investment Finance, Corporate Finance, Project Preparation, and Export Development.

Since opening its Barbados office two years ago, Afreximbank has approved more than US$700 million in critical financing across the CARICOM region. This includes support for climate adaptation in Saint Lucia, sports infrastructure and tourism development in Barbados, SME financing in the Bahamas, tourism projects in Grenada, and oil and gas initiatives in Suriname, among others.

– on behalf of Afreximbank.

Media Contact:
Vincent Musumba
Communications and Events Manager (Media Relations)
Email: press@afreximbank.com

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About theAfriCaribbean Trade and Investment Forum (ACTIF): 
The Africa-Caribbean Trade and Investment Forum (ACTIF) is a premier platform that fosters trade, investment, and cultural exchange between Africa and the Caribbean. Held in collaboration with regional bodies such as the Caribbean Community, the African Union and the African Continental Free Trade Area, ACTIF has facilitated dialogue, partnerships, and actionable frameworks that have bolstered commercial and investment ties between the two regions.

ACTIF, initiated and convened by Afreximbank, has rapidly evolved into a premier platform for policy dialogue, business networking, and deal-making, bringing together governments, private sector leaders, investors, and development partners from across Africa and the Caribbean.

Largely catalysed by the first-ever Heads of State and Government Summit of the Caribbean Community and Africa held on 7 September 2021, the AfriCaribbean Trade and Investment Forum (ACTIF) is a key strategic initiative towards institutionalising the engagement between both regions’ private and public sectors to advance trade and investment relations.  

About Afreximbank: 
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2025, Afreximbank’s total assets and contingencies stood at over US$48.5 billion, and its shareholder funds amounted to US$8.4 billion. Afreximbank has investment grade ratings assigned by China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), GCR (A), Japan Credit Rating Agency (JCR) (A-), and. Moody’s (Baa2). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

For more information, visit: www.Afreximbank.com

African Energy Chamber: Africa Must ‘Refine, Baby Refine’ as Global Supply Disruptions Expose Need for Downstream Expansion

Source: APO – Report:

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Africa’s downstream sector is back on the radar as global supply disruptions brought about by the Gulf war highlight a need for a strategic re-thinking of African energy systems. With over 600 million people living without access to electricity, 900 million people living without access to clean cooking solutions and African oil demand set to reach 4.5 million barrels per day (bpd) by 2050, industry stakeholders at ARDA Week 2026 issued a call to expand refining capacity, reduce import dependency and unlock greater value from the continent’s hydrocarbon resources.

Delivering a keynote address at the event, NJ Ayuk, Executive Chairman of the African Energy Chamber reinforced the need for downstream expansion as a cornerstone of energy security and industrial development across the continent. He emphasized that the urgency to build robust refining and distribution systems is no longer a policy discussion but an economic and social imperative – and one in which Africa must take ownership.

“A big question for Africa is whether we will embrace innovation, growth and prosperity or slide back to a time where we will deny facts and demand. We need to produce more energy. That is why we keep saying “drill baby drill.” We should never hold back on that,” he said.

Reflecting on the sector’s evolution, Ayuk highlighted a significant shift from foreign-led development to African-driven investment. “Over 25 years ago, it was the majority of foreign companies doing the heavy lifting. Who would have thought it would be facilities such as Dangote transforming the continent and African entrepreneurs such as Sahara Group not only owning refineries but championing energy access.”

This transition signals a broader structural change in Africa’s energy landscape, where indigenous companies are increasingly leading capital deployment, infrastructure development and supply chain integration. Despite this progress, Ayuk stressed that Africa must confront its “realities” head-on. Energy poverty remains widespread, and addressing it requires actionable policies rather than ideological debates. “Energy poverty cannot only be an ideology but action,” he said, urging stakeholders to keep the scale of the challenge firmly in focus.

Central to this transformation is the expansion of refining capacity. Ayuk’s call to “refine, baby refine” underscored the importance of building domestic processing capabilities to reduce reliance on imported fuels, stabilize supply and retain economic value within African markets. Strengthening refining also supports broader industrialization efforts, enabling the development of petrochemicals, manufacturing and logistics sectors.

However, achieving this vision requires enabling policy environments. Ayuk emphasized the need for stable regulatory frameworks, competitive fiscal regimes and market-driven approaches that incentivize investment. “We need to embrace free markets, limited governance and accountability. Companies need to be given the tools they need to be successful,” he stated. This includes reducing excessive taxation, streamlining regulatory processes and ensuring that African entrepreneurs have access to capital.

Cross-border collaboration also emerged as a critical theme. While intra-African trade is often discussed, Ayuk pointed to persistent barriers that continue to limit progress. “Tariffs and customs are so difficult and we need to address that. We need to address barriers and build together,” he said, calling for greater alignment between countries to facilitate regional energy trade and optimize infrastructure utilization.

In addition, Ayuk highlighted the importance of financial independence within the sector. To meet anticipated demand growth, Africa requires more than $100 billion in refining investment. This highlights a unique opportunity for both foreign and African financial institutions looking at mobilizing capital for impactful projects across the continent.

Ultimately, Ayuk’s remarks reinforced a broader industry consensus: Africa must unapologetically pursue energy development across the value chain. “We will never back down on producing oil. We will refine, drill and ensure that our young people across the continent have access to energy. We will never apologize for producing the energy we need,” he said.

– on behalf of African Energy Chamber.

Public Protector clears Deputy President of wrongdoing

Source: Government of South Africa

Public Protector clears Deputy President of wrongdoing

The Office of the Deputy President has welcomed the Public Protector’s findings that cleared Deputy President Paul Mashatile and Transport Minister Barbara Creecy of any alleged wrongdoing regarding the appointment of outgoing South African Airways (SAA) CEO, Professor John Lamola. 

According to the Public Protector, an investigation found no evidence that Deputy President Mashatile and Minister Creecy improperly interfered in the recruitment process or breached the Executive Ethics Code. 

“This ruling confirms and reiterates the Deputy President’s assertion that the media reports regarding the matter were misguided, misleading and mischievous to suggest that Deputy President Mashatile and Minister Creecy held ‘private interviews’ outside of the formal selection process for the position of SAA CEO.

“The Office of the Deputy President remains committed and supports any internal recruitment and appointment processes of qualified candidates for any positions in the SEOs,” the Presidency said. – SAnews.gov.za

 

nosihle

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JSC resolves on three candidates for Supreme Court of Appeal

Source: Government of South Africa

JSC resolves on three candidates for Supreme Court of Appeal

The Judicial Service Commission (JSC) has resolved to advise President Cyril Ramaphosa to appoint three judges to the Supreme Court of Appeal.

This after the commission conducted interviews for the positions on Monday.

The three candidates are: Judge Thandi Victoria Norman, Judge Bashier Vally and Judge Leonie Windell.

Today, the JSC will continue with interviews for candidates to fill vacancies for the Judge President position in the Gauteng Division of the High Court, two vacancies at the Competition Appeal Court and one vacancy at the Land Court.

The interviews can be watched live on the Judiciary’s YouTube page at: https://www.youtube.com/live/ENDLobWDE3s. – SAnews.gov.za

 

NeoB

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