Category: Africa

Source: APO

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Enlit Africa 2026 returns to Cape Town with a focused opening sequence built for decision-makers who need practical clarity, not theory: an early-morning investment-led breakfast followed by two keynote anchors that tackle delivery realities in Africa’s power, energy and water systems.

Taking place on 19–21 May 2026 at the Cape Town International Convention Centre (CTICC), Enlit Africa convenes stakeholders from across the electricity value chain and the water ecosystem. The programme is anchored by the 2026 theme: Compounding impact: small changes, outsized outcomes – a deliberate focus on the operational decisions, governance shifts and financing mechanisms that translate intent into measurable system performance.

19 May: Project & Investment Network Business Breakfast (07:00–09:30)

The week starts with the Project & Investment Network Business Breakfast, featuring keynote commentary from Bruce Whitfield followed by a fireside chat between Bruce Whitfield and Goolam Ballim (Chief Economist and Head of Research, Standard Bank Group).

The breakfast is designed for participants focused on bankability, procurement confidence and the practical steps that move projects from intent to execution. It unpacks what financiers are actually pricing, what evidence strengthens confidence in delivery, which behaviours and signals measurably improve fundability and why Africa is more geopolitically relevant than ever before.

19 May: Keynote 1 – Africa in the AI Age (10:30–12:55)

The first keynote anchor, Africa in the AI Age, is hosted by Enkromelle Andrew (Master of Ceremonies) and opens with a welcome from Chanelle Hingston (Group Director, Power, Energy & Water, VUKA Group).

A ministerial address by the Honourable Dr. Kgosientsho Ramokgopa, Minister of Electricity and Energy is followed by a focus on digital power, storage and AI, with a keynote contribution from David Sun (Vice President and CEO of Electric Power Digitalisation Business, Huawei).

The keynote then moves into a panel discussion on the role of AI and digital technologies in Africa’s energy evolution, with panellists including Carol Koech (CEO, GEAPP). The morning concludes with an in-conversation session moderated by James Mackay (CEO, Energy Council of South Africa) with senior business leaders including Dan Marokane (Group Chief Executive, Eskom), and leaders in industry.

20 May: Keynote 2 – How coordinated energy and water planning could change African resilience (09:30–12:00)

The second keynote anchor turns to a reality shaping resilience across the continent: energy security and water security are increasingly inseparable but planning and funding remain fragmented.

Under the guidance of MC Enkromelle Andrew, the session includes a perspective on the water–energy nexus from Sabine Dall’Omo (CEO, Siemens South Africa which convenes a high-level panel on taking water–energy coordination beyond theory, with panellists including Darshana Myronidis (Global Group Director of Sustainability, Virgin Group), Deerosh Maharaj (Executive Head: Energy, Infrastructure & Mining, Standard Bank Business & Commercial Banking), Sabine Dall’Omo (CEO, Siemens South Africa), and JP van der Merwe (Chief Foreign Direct Investment Officer, Wesgro).

Across the Business Breakfast and both keynote anchors, Enlit Africa 2026 is designed to deliver high-signal discussions focused on delivery, governance and the actions that improve system outcomes at pace.

Enlit Africa, created by VUKA Group, will take place on 19–21 May 2026 at the CTICC in Cape Town, South Africa. The full programme and registration information are available at: www.Enlit-Africa.com 

Distributed by APO Group on behalf of VUKA Group.

About Enlit Africa:
Enlit Africa convenes stakeholders across the power sector value chain to address the commercial and operational realities of delivery. The programme brings together leaders across finance, utilities, government, industry and technology to accelerate bankable investment, system readiness and measurable outcomes.

Enlit Africa is supported by leading industry sponsors already confirmed for 2026 including
– Huawei (Diamond Sponsor);
– ACTOM, Conlog, Eskom Rotek, Lucy Electric, Macrocomm, Ontec, Vodacom Business and Standard Bank (Platinum Sponsors);
– Allbro, Eskom, Department of Electricity and Energy, Landis + Gyr, Siemens and Steinmuller Africa (Gold Sponsors);
– ABB South Africa, Andritz Hydro GmbH, Australian Winders, CBi electric: African Cables, Doble Engineering, EBM, Enertech International, EWSETA, G3-Alliance,  Hitachi Energy South Africa, Holley Technology, McWade, WEG Africa, Howden Africa, Nuriflex, Revive Electrical Transformers, Neelkanth, and NECSA (Silver Sponsors).

More information and ticket information can be found at www.Enlit-Africa.com

About VUKA Group:
VUKA Group connects people and organisations across Africa’s energy, mining, mobility, green economy, and retail sectors through events, content, and strategic networking. Venture partners to The Global Trust Project and leaders of NPO Go Green Africa. www.WeAreVUKA.com        
 

Source: APO

Parliament on Tuesday, 05 May 2026 passed the Protection of Sovereignty Bill, 2026 adopting amendments that significantly narrow its scope, remove contentious provisions and introduce safeguards aimed at aligning the law with the Constitution and existing regulatory frameworks.

The Bill, which had attracted intense public interest over controversial clauses in its original form was considered during a packed plenary sitting chaired by the Speaker, Anita Among.

The Minister of State for Internal Affairs, Hon. David Muhoozi who moved and justified the motion, said Uganda faces challenges that threaten its ability to self-govern.

Presenting the majority report, the Chairperson of the Committee on Defence and Internal Affairs, Hon. Wilson Kajwengye said the scrutiny process drew from extensive consultations involving over 200 stakeholders across government institutions, civil society, the private sector, academia and the diaspora.

He noted that although the objective of protecting Uganda’s sovereignty is legitimate, the original drafting of the Bill was overly broad and risked far-reaching consequences.

“The amendments are intended to harmonise the definitions with the scope of the Bill to limit the application of the law to only agents of foreigners and not any other person,” the report stated in part.

A key outcome of the amendments is the restriction of the law strictly to agents of foreigners, with earlier provisions that applied to any person deleted. 

Clause 2 was revised to ensure the Act targets only individuals or entities acting on behalf of foreigners in specified influence-related activities, particularly in political processes and public decision-making.

Lawmakers also overhauled key definitions narrowing the meaning of “foreigner” and excluding Ugandan citizens living abroad. 

The definition of an “agent of a foreigner” was refined to cover only those who formally and knowingly act on behalf of foreign interests to influence policy, elections or national security.

“The amendments exclude the application of the Bill to Ugandan citizens residing outside Uganda,” the committee noted.

Parliament further deleted the definition of “person” and introduced clearer terms, including “political activities”, to enhance legal precision.

The House also scaled back the powers of the minister, removing provisions that allowed the minister to declare any person a foreigner and replacing broad discretionary authority with more structured, rules-based mechanisms.

The committee warned that the original provisions risked creating a permission-based system that would undermine legal certainty and constitutional safeguards.

In a significant policy shift, Parliament replaced blanket ministerial approval requirements, particularly on foreign funding, with a declaration regime. Clause 22 now requires agents of foreigners to declare funds rather than seek prior approval, a move the committee said would avoid disruption to financial flows and economic activity.

The amended law also introduces wide-ranging exemptions to protect key sectors. 

Financial institutions, academic and research bodies, health facilities and individuals receiving funds for legitimate commercial or domestic purposes are excluded.

Lawful financial flows such as diaspora remittances, foreign direct investment, trade and humanitarian assistance are explicitly protected.

To address concerns about duplication, Parliament adopted recommendations exempting entities already regulated under existing laws, with the committee warning that the original Bill risked creating overlaps in regulation.

Lawmakers further revised criminal provisions, introducing clearer definitions of offences and requiring proof of intent, while reducing penalties from 20 years’ imprisonment to a maximum of 10 years.

Several controversial provisions were removed, including mandatory mental and physical health examinations for applicants and inspection powers without court orders. Timelines and procedural safeguards were introduced to ensure transparency and adherence to natural justice.

Clause 13 of the Bill prohibits economic sabotage, attracting a fine of Shs2 billion for legal entities and Shs1 billion for individuals, or 10 years’ imprisonment.

Economic sabotage is defined as an agent of a foreigner who knowingly publishes false information or participates in any disruptive act that weakens, undermines or damages the economic system.

Despite the amendments, several Members of Parliament led by Hon. Jonathan Odur (UPC, Erute County South) tabled dissenting reports strongly opposing the Bill.
Odur said 18 amendments were proposed by the Attorney General rather than the originator of the Bill and alleged that the co-chairpersons of the committee were partial, claiming microphones of members opposed to the Bill were switched off.

Ndorwa County East, Hon. Wilfred Niwagaba said the Bill criminalises free speech and infringes on Article 1of the Constitution by interfering with the sovereignty of the people.

Kilak South County, Hon. Gilbert Olanya argued that the Bill fundamentally contradicts the Constitution and poses risks to civil liberties, the economy and Uganda’s global standing.

Hon. Abdallah Kiwanuka (NUP, Mukono County North) said several amendments were made to the Bill, estimating them at up to 87 per cent, which he argued exceeded the permissible threshold.

Busiro County East Representative, Hon. Medard Sseggona said there was insufficient consultation, arguing that Parliament conducted the process within its precincts without broader public engagement. He also described the Bill as redundant in addressing any mischief.

The Leader of the Opposition, Hon. Joel Ssenyonyi raised a procedural concern on Clause 2, citing Rule 215(2) of the Rules of Procedure regarding minority reports. 
He questioned why members presenting the minority reports likeHon. Jonathan Odur, were given less time.

Ssenyonyi also raised concern over a letter reportedly written by the President disowning the Bill and argued that the extent of amendments effectively transformed it into a new piece of legislation.

“There is precedence set by this House where ministers have been told, with so many changes, just withdraw the Bill … because the majority of the clauses were amended,” he said.

The Speaker, however, said the amendments had not altered the object of the Bill.

Distributed by APO Group on behalf of Parliament of the Republic of Uganda.

Source: APO

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The Symposium of Episcopal Conferences of Africa and Madagascar (SECAM) (www.SECAM.org), the body for communion, consultation, and coordination of the Catholic Church in Africa and the neighbouring islands, is deeply concerned about the recent events in the Republic of South Africa, which have been marked by acts of xenophobic violence against nationals of other African countries.

In these particularly grave circumstances, SECAM expresses its fraternal and ecclesial solidarity with the Southern African Catholic Bishops’ Conference (SACBC) for its prophetic stance in support of African migrants who are victims of discrimination and xenophobia. It also extends its sympathy to all victims of this violence and to their families, who have been severely affected.

At the heart of this crisis lies a fundamental challenge to the human conscience. Biblical revelation teaches that every person is created in the image and likeness of God (Gen 1:26-27), a truth that underpins the infinite dignity of every human being, regardless of their origin, nationality, tribe, culture, or migration status. SECAM strongly reiterates that this dignity must remain the primary criterion for all social organisation and public policy. Any violence directed against foreigners constitutes not only a grave violation of the human person but also a negation of the foundations of universal brotherhood and the Africa we want.

SECAM reaffirms the need for a balance between the legitimate sovereignty of states and the imperative requirement for migrants to respect the laws and customs of their host country. As the Catechism of the Catholic Church teaches: “Political authorities, for the sake of the common good for which they are responsible, may make the exercise of the right to immigrate subject to various juridical conditions, especially with regard to the immigrants’ duties toward their country of adoption. Immigrants are obliged to respect with gratitude the material and spiritual heritage of the country that receives them, to obey its laws and to assist in carrying civic burdens.” (CCC, n. 2241).

The acts of violence recently witnessed in South Africa constitute a serious violation of African principles and continental law. They undermine the fundamental rights guaranteed by the African Charter on Human and Peoples’ Rights, notably the right to life, dignity, security, and equality before the law. They also contradict the continent’s core values, such as African solidarity, the spirit of Ubuntu – I am because we are – and the ideals of Pan-Africanism and African Renaissance.

In light of this situation, SECAM calls on the Government of the Republic of South Africa to take urgent, concrete, and sustainable measures to ensure the protection of all persons living on its territory, in accordance with its continental and international commitments. It urges the Government to conduct impartial investigations, identify and prosecute those responsible for these acts, put an end to all forms of vigilante justice, and strengthen the legitimate authority of the State.

SECAM also calls on the African Union to fully assume its role as guardian of continental values, to ensure the effective implementation of African legal instruments on human rights, and to encourage the establishment of prevention and early warning mechanisms against xenophobic violence. The credibility of Africa, which aspires to become a key player on the international stage, is at stake.

SECAM calls on people to reject all forms of violence, all rhetoric of hatred and stigmatisation, to reject discourse that divides African peoples, and to promote a culture of encounter, dialogue, and African brotherhood.

Following the example of the Good Samaritan (Luke 10:30–35), we are all called to rediscover an ethic of closeness, where the stranger is not perceived as a threat but recognised as a brother or sister of whom we are the guardians.

At this critical juncture, SECAM reaffirms its resolute commitment to migrants, the poor, and the most vulnerable, to promote a society founded on justice, peace, and human dignity, as well as on dialogue between African peoples and nations. It invites all men and women of good will to work tirelessly towards building a reconciled Africa, faithful to its profound vocation to be, from Cairo to Cape Town, a family of peoples united in dignity and solidarity.

Finally, SECAM assures all victims of xenophobic violence of its spiritual, pastoral, and supportive closeness: dear brothers and sisters, you are not alone; we will never abandon you!

+ Fridolin Cardinal Ambongo
Archbishop of Kinshasa
President of SECAM

Distributed by APO Group on behalf of Symposium of Episcopal Conferences of Africa and Madagascar (SECAM).

Source: APO

Fintech platform, Kaleidofin (www.Kaleidofin.com), has closed Kenya’s first private-sector local currency securitisation in the smallholder agriculture sector, in partnership with agri-finance company Apollo Agriculture and with investment from the IDH Farmfit Fund, a blended finance impact fund, marking a significant step in developing institutional capital markets for rural lending.

This first-of-its-kind securitisation in Kenya demonstrates how structured credit markets can channel institutional capital toward smallholder finance.

The milestone transaction involved the securitisation of smallholder farmer credit for inputs with a value of KES 370 million, mobilising KES 276 million (approximately USD 2.1 million) in financing through the sale of these receivables, originated by Apollo Agriculture and covering a portfolio of 23,839 smallholder farmers, 51% of whom are women and approximately 22% first-time borrowers. The issuance was supported by an investment grade rating of BBB- from Agusto, marking a significant milestone in demonstrating the credit quality and investability of this asset class.

Structured through Kaleidofin’s ki platform, a dedicated debt capital market infrastructure, the transaction enables the conversion of granular agricultural loans into investable assets for institutional investors in local currency. Unlike traditional models that rely on rigid standardisation, the platform supports customised structuring of portfolios and risk segmentation, powered by Kaleidofin’s proprietary ki score, an AI-driven risk intelligence layer built on loan transaction, bureau and alternative data.

The structure allows originators such as Apollo Agriculture to recycle capital efficiently while aligning financing to seasonal agricultural cycles, and provides investors with improved visibility into underlying asset risk, helping reduce information asymmetry in an otherwise opaque segment.

For Apollo Agriculture, the transaction releases immediate liquidity and improves capital efficiency, enabling continued expansion of financing to smallholder farmers without increasing balance sheet leverage. In practical terms, this means Apollo can extend more loans to smallholder farmers, helping them access the seeds, fertilisers and tools they need to grow more crops and improve their livelihoods. This is made possible by Apollo’s unique credit tech stack, which allows the company to build accurate, real-time credit profiles for farmers and underwrite customers typically excluded from formal finance. Apollo’s platform combines satellite imagery of farm plots, machine learning models trained on agricultural yield patterns, and mobile-based data collection to assess creditworthiness in real time — without requiring the collateral or credit history that traditional lenders demand.

“This transaction demonstrates how innovative financial structures can unlock capital for smallholder farmers at scale,” said Roel Messie, CEO of IDH Investment Management, manager of the IDH Farmfit Fund. “Building investable opportunities in agriculture requires both capital and enabling infrastructure, and this partnership brings those elements together.”

“We designed the Kaleidofin platform to function as scalable market infrastructure for traditionally excluded customer segments such as smallholder farmers, women entrepreneurs, clean energy and small business,” said Sucharita Mukherjee, Co-founder and CEO of Kaleidofin. “By enabling customised structuring and data-driven risk insights via ki score, we are building the foundations for institutional capital to flow into sectors such as smallholder agriculture in a sustainable way.”

The transaction is expected to serve as a blueprint for similar structures across emerging markets, demonstrating how technology-enabled infrastructure and blended finance can expand access to capital for underserved borrowers while creating investable opportunities for institutional investors.

“This is a meaningful step in building efficient, scalable funding for smallholder agriculture and validates our tech-enabled business model.” said Eli Pollak, CEO of Apollo Agriculture. “By converting receivables into working capital, we are able to lower our cost of funds and expand access to affordable, local currency financing for farmers.” Financing in local currency is critical for farmers, as it protects them from the foreign exchange volatility that can dramatically increase debt repayment burdens. A lower cost of funds means Apollo can offer more affordable loan terms, reducing the financial pressure on farmers and making it more likely they can repay, reinvest in their farms, and build long-term financial resilience.

The IDH Farmfit Fund acted as anchor investor in the transaction, which represents the first step in a broader multi-year securitisation programme expected to mobilise approximately KES 2.37 billion and reach more than 130,000 farmers over time.

The transaction was supported by a broader ecosystem of partners working to develop the enabling environment for structured finance in agriculture. UK-funded specialist development agency, FSD Africa provided support across legal and regulatory structuring, investor engagement, and market development, while the UK’s flagship public markets programme, MOBILIST, contributed to tax and structuring guidance.

“This transaction showcases how well-functioning market infrastructure can catalyse institutional capital for sectors traditionally considered high-risk, like smallholder agriculture. FSD Africa’s role has been to help build the foundations — from regulatory clarity to investor confidence — that make transactions like this viable and repeatable. We see this as a blueprint for how structured finance can unlock sustainable, large-scale funding for inclusive growth across Africa,” said Dr. Evans Osano, Chief Financial Markets Officer at FSD Africa.

“By supporting FSDA to demonstrate and enable innovation like this, we aim to make it more efficient to mobilize domestic sources of capital for women’s economic empowerment,” said Mark Wensley, Senior Program Officer at the Gates Foundation.

British International Investment (BII), the UK’s development finance institution and impact investor, provided technical assistance to its investee Apollo Agriculture through BII Plus. The foundational funding strengthens its reporting and technology capabilities, enabling access to a scalable, KES-denominated funding model that significantly reduces FX risk while achieving a more efficient and sustainable cost of capital for its growing loan portfolio.

Distributed by APO Group on behalf of Kaleidofin Private Limited.

About Kaleidofin: 
Kaleidofin is a fintech platform building inclusive risk infrastructure and debt capital markets across Africa and South Asia. We work with over 60 SDG focused originators such as fintechs, agtechs, MFIs, digital lenders, and climate-focused enterprises that extend credit to smallholder farmers, women entrepreneurs, and informal MSMEs. Our solutions include data-driven underwriting (ki score), portfolio risk tools (ki monitor), and structured finance vehicles/SPVs (ki platform) that are designed to help originators unlock scalable, affordable local currency financing and better their risk management capacity. To date, Kaleidofin has enabled over USD 10billion in productive credit for over 11 million end customers. For more information, visit https://www.Kaleidofin.com/  

About Apollo: 
Apollo Agriculture is a technology-driven agricultural finance company that provides smallholder farmers across Kenya with access to credit, farm inputs, insurance, and advisory services. By leveraging alternative data and machine learning to underwrite customers traditionally excluded from formal finance, Apollo enables farmers to invest in productivity-enhancing inputs and climate-resilient practices. Through its integrated approach to financing and farm support, Apollo Agriculture aims to improve farmers’ incomes and livelihoods while contributing to the development of sustainable, inclusive agricultural value chains. For more information, visit https://www.ApolloAgriculture.com/   

About IDH Farmfit Fund: 
The IDH Farmfit Fund is a blended finance impact fund for smallholder farmers, many of whom are amongst the poorest people in the world. The Fund can take the highest risk positions in smallholder farmer-related transactions, thereby reducing the risk currently borne by borrowers and lenders. By doing so, IDH Farmfit Fund aims to catalyse capital to co-invest in this sector. These investments will increase the availability of affordable, long-term financing to smallholder farmers, allowing them to invest in their farms, increase productivity and adopt climate-smart agriculture best practices, leading to improvements in their livelihoods and incomes. The IDH Farmfit Fund is facilitated by IDH Foundation, and supported by a unique coalition of partners, including commercial banks, development banks, government bodies and value chain companies. For more information, visit https:www.IDHSustainableTrade.com/Farmfit-Fund/

About FSD Africa: 
FSD Africa is a specialist development agency established in 2012 by the UK Government, working to make finance work for Africa’s future. We work on the ground in over 30 African countries to mobilise “green plus” finance that will power economic and social development while delivering environmental gains and building Africa’s resilience. We work on policy and regulatory reform, capacity strengthening and improving financial infrastructure, and addressing systemic challenges in Africa’s financial markets to spark large-scale and long-term change. Under its current strategy (2025-2030) the organisation seeks to mobilise £ 10 billion, improve access to basic financial services for 80 million and help create 200,000 jobs across Africa.

For more information, visit: https://www.FSDAfrica.org