Afreximbank delivers positive nine-month financial results as net income grows 24% to US$813.5 Million and assets and contingencies exceed US$54.1 billion

Source: APO


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African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and its subsidiaries (the “Group”) delivered a satisfactory financial performance for the nine months ended 30 September 2026, demonstrating resilient growth, sound asset quality and continued support for trade and economic development across Africa and the Caribbean Community (CARICOM).

Net income rose by 24% to US$813.5 million, compared with US$654.3 million in the corresponding period of 2025, driven by growth in lending activities, improved interest income and disciplined cost management, despite a challenging global operating environment.

The Group’s total assets and contingencies increased by 12% to US$54.1 billion, from US$48.5 billion FY’2025. This growth was underpinned by an expansion of the Bank’s lending portfolio, with net loans and advances increasing by 8% to US$36.2 billion, compared to US$33.5 billion at year end 2025.

Gross income increased to US$2.7 billion in 9M’2026, up 11% from the prior period, supported by continued balance sheet growth and strong earnings generation. This performance was largely driven by a 9.1% increase in interest income to US$2.4 billion, from US$2.2 billion in 9M’2025, underpinned by growth in average loan balances, which increased from US$28.9 billion in 9M’2025 to US$34.8 billion in 9M’2026, reflecting sustained demand for trade and project financing across the Bank’s member countries. Net interest income also strengthened by 15% to US$1.5 billion.

Fees and commission income from unfunded business activities, including guarantees, letters of credit and advisory services, increased to US$136.9 million, from US$117.2 million in the prior-year period.

The Group maintained strong operational efficiency, with its cost-to-income ratio improving to 20%, compared with 21% for the nine months ended September 2025, remaining comfortably below the Bank’s strategic ceiling of 30%. Return on average shareholders’ equity (ROAE) remained robust at 12%, while return on average assets (ROAA) improved to 2.48%, from 2.34% compared to the 9M’2025.

Asset quality remained sound, with the non-performing loans (NPL) ratio at 2.48%, compared with 2.43% as at 31 December 2025. Provisions for expected credit losses amounted to US$537.6 million, compared with US$481.3 million in the corresponding period of 2025.

The Group’s liquidity position remained strong, with liquid assets totalling US$6.1 billion, representing 13% of total assets, compared with 15% at the end of 2025. The capital adequacy ratio stood at 22%, compared with 23% at the end of 2025, underscoring the resilience of the Bank’s balance sheet and alignment with its long-term capital management objectives.

Shareholders’ funds increased to US$9.0 billion, from US$8.4 billion at the end of 2025, supported by internally generated profits and US$195.2 million in new equity contributions under the Bank’s General Capital Increase programme.

Commenting on the results, Mr. Denys Denya, Afreximbank’s Senior Executive Vice President, commented:

“This performance underscores Afreximbank’s ability to deliver strong and sustainable performance while continuing to fulfil its development mandate across Africa and the Carribean. Our expanded lending portfolio, robust profitability and strong capital position demonstrate the effectiveness of our strategy and the growing relevance of our interventions across our target markets. As global economic and geopolitical uncertainties persist, Afreximbank remains committed to providing the financing, trade facilitation and strategic investments needed to strengthen regional value chains, support industrialisation and accelerate the continent’s economic transformation.”

During the period, Afreximbank further strengthened its access to international debt capital markets, successfully completing a US$1.5 billion dual-tranche bond issuance in July 2026. The transaction comprised US$750 million in 5.5-year notes and US$750 million in 10-year notes and was approximately two times oversubscribed. As a result, debt securities in issue increased to US$4.4 billion, from US$3.4 billion at the end of 2025, further supporting the diversification of the Group’s funding base.

The Bank continued to demonstrate its countercyclical role in response to geopolitical and economic disruptions. Its US$10 billion Gulf Crisis Response Programme was established to provide critical liquidity support, facilitate trade and payment flows, and help member countries maintain access to essential imports, including energy products, fertilisers, food and other strategic commodities.

In line with its commitment to transformative development, the Group’s high-impact investments also increased by 23% to US$1.6 billion, from US$1.3 billion at the end of 2025, supporting strategic development projects that advance industrialisation, trade competitiveness and economic resilience.

Highlights of the results for Afreximbank Group are shown below:

Financial Performance Metrics

9M’2026

9M’2025

Gross Income (US$ billion)

2.7

2.4

Net Income (US$ million)

813.5

654.3

Return on average equity (ROAE)

12%

12%

Return on average assets (ROAA)

2.48%

2.34%

Cost-to-income ratio

20%

21%

Financial Position Metrics

9M’2026

FY’2025

Total Assets and Contingencies (US billion)

54.1

48.5

Total Assets (US$ billion)

45.9

42.3

Total Liabilities (US$ billion)

36.9

33.9

Shareholders’ Funds (US$ billion)

9.0

8.4

Non-performing loans ratio (NPL)

2.48%

2.43%

Liquidity position

13%

15%

Capital Adequacy ratio (Basel II)

                     22%

23%

Distributed by APO Group on behalf of Afreximbank.

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

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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 strong 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 member countries effectively participate in the AfCFTA. At the end of September 2026, Afreximbank’s total assets and contingencies stood at over US$54.1 billion, and its shareholder funds amounted to US$9.0 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-), Moody’s (Baa2) and S&P Global Ratings (BBB+). The Bank is headquartered in Cairo, Egypt.

For more information, visit: www.Afreximbank.com

Who Inherits Africa’s Wealth? Shaping the Future of Generational Fortunes

Source: APO

Africa’s exponential growth in family offices and UHNW individuals is raising new questions on succession planning, generational wealth transfer and investment diversification, as these influential sources of capital (including the first generation of African post-independence and post-liberalisation founders), seeks to hand over the baton. On 10 November in Nairobi, the inaugural Future Capital & Legacy Forum places these topics at centre stage in an exclusive, peer-to-peer setting.

Family offices and UHNW individuals are becoming one of the most influential sources of capital in the world. Deloitte states that globally, family offices control assets valued at US$3.1 trillion (projected to reach US$5.4 trillion by 2030), while Africa’s UHNW population rose 23.7% to 3 440 in 2025 – the fastest of any region.

A wave of the continent’s post-independence entrepreneurs are preparing to hand over their wealth to the next generations, facing the challenges of effective succession planning, diversification away from core operating businesses and multi-jurisdictional tax and legal considerations.

“Wealth preservation is one of the most pertinent issues facing Africa’s growing cohort of UHNW individuals and family offices, but it often fails due to poor succession planning and governance, amongst other issues. It is in this context that the inaugural Capital & Legacy Forum was created,” said Murray Anderson, Commercial Director at API Events, which will host the event at KOFISI Kaskazi.

The forum will provide an exclusive space for wealth principals, family office directors and chief investment officers from across the region, together with the trustees, lawyers, tax advisers and private bankers who serve them.

The event was founded in partnership with private wealth experts DeaconCapital and Suntera Global.  

“Together with our expert partners, we’re excited to create an exclusive platform for the frank and insightful conversations desired by these individuals and other influential private wealth players from across Africa. Most wealth conferences are built around products. The Capital & Legacy Forum is structured around people, decisions and what really lasts and drives economies,” Anderson said.  

Harnessing capital, preserving wealth, and building brands

The panel discussions, fireside chats and one-on-one insights for the event focus on four key, hands-on themes:

1. Harnessing Capital for Opportunity & Growth

How do you put capital to work with purpose, at home and globally? Tackling real allocation questions, from balancing liquidity, preservation and growth to deploying opportunity capital, and asking where the next $10M should actually go, and examining how private equity and family offices can overcome the friction between them and partner to build and fund growth.

2. From Wealth Creation To Wealth Preservation

Creating wealth and keeping it are different disciplines. The event explores the structures, governance and succession thinking that protect it.

3. Building Brands and Businesses That Endure

Africa is no longer only a source of raw materials. It is a place where brands, ideas and enterprises are created and exported to the world. Hear from the leaders building these brands about what it takes to move from made in Africa to desired globally, and to build something that outlives its founder.

4. The Next Generation

Capital is only as durable as the people who inherit it. From heirs to stewards, the event examines how families prepare the next generation for ownership, decision-making and responsibility, and what legacy means beyond money.

“The Capital & Legacy Forum brings to the table many of the practical issues families face as their wealth becomes more complex, from investment and structuring to international mobility, governance and preparing the next generation. These are increasingly important conversations for families and businesses thinking about how wealth is managed over the long term,” said John McDonald, Director of Nairobi and UK-based independent wealth advisory firm Waugh McDonald.

Saif Ahmedi, Partner – Senior Relationship Manager at DeaconCapital Asset Management added:

“We’re pleased to be partnering with API Events for this inaugural event, which we believe will occupy an important space in the conversations around protecting generational wealth in Africa. Family offices and high net worth individuals have a unique set of needs and this event presents a prime opportunity for peer-to-peer conversations and first-hand perspectives from their journeys of exploring wealth preservation and investment.”

Event details

Date: 10 November

Venue: KOFISI Kaskazi, Nairobi

Website and Registration: https://apo-opa.co/4AeK9Cr

Distributed by APO Group on behalf of API Events.

Enquiries:
Dale Hes
Programmes and Communications Lead
API Events
Tel: +27 (0) 81406 8840
Email: dale@apievents.com  

Murray Anderson
Commercial Director
API Events
Tel: +27 (0) 71 890 7739 
Email: murray@apievents.com

About API Events:
Africa Property Investment (API) Events is Africa’s leading B2B event and thought leadership platform for real estate investment and hotel development. Each year, its conferences, tours and experiences convene the most senior investors, developers, operators and capital providers in African real estate, create meaningful discussions and hundreds of millions of dollars’ worth of opportunities for attendees and partners.

The group’s high-impact events (across Africa and beyond) span capital-raising, deal-making, retail, multi-family, mixed-use, commercial and industrial, hospitality and lodging, and emerging asset classes.

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Strategic Architect of African Convention Bureaus Rick Taylor Joins African Collaborations Group (ACG) Advisory Board to Advance Sport and Entertainment Districts Across Africa

Source: APO

African Collaborations Group (ACG) (www.ACGafrica.com), the leading strategic project origination and collaboration platform focused on the industrialisation of sport in Africa through the origination of bankable sport and entertainment district ecosystems, today announced the appointment of Rick Taylor to its Advisory Board.

Rick Taylor is one of Africa’s most experienced tourism strategists, with more than three decades of expertise in destination development and business events, also known as MICE (Meetings, Incentives, Conferences, Events and Exhibitions). As Founder and Chief Executive Officer of The Business Tourism Company, a Cape Town-based international consultancy, he has led more than 100 tourism advisory, strategy and training projects worldwide and has been the strategic architect of national destination strategies and Convention Bureau projects across Africa, including in South Africa, Namibia, Rwanda, Kenya, Tanzania, Ethiopia, Uganda, Senegal, Cameroon, Zambia, Togo and Mozambique.

Rick was the architect of Africa’s first Convention Bureau in Cape Town, which has maintained the #1 position in Africa in the International Congress and Convention Association (ICCA) city ranking for more than two decades. Since then, he has devoted his career to positioning business events as a strategic pillar of tourism, investment and socio-economic development across the continent.

The global business events sector has now surpassed pre-pandemic levels, reaching an estimated USD 1.5 trillion, yet Africa hosts only around 3% of the world’s association meetings. Rick has spent his career addressing this structural gap by helping countries build the strategies, institutions, infrastructure and international positioning required to compete for a greater share of the global business events economy.

A defining feature of Rick’s approach is what he calls “Lalibela thinking” — a 50- to 100-year perspective that sees MICE not simply as an events industry, but as long-term economic infrastructure capable of driving investment, tourism, job creation, skills development and poverty alleviation. His work has helped shape business events infrastructure, convention bureaus and national MICE strategies across Africa.

His appointment to the ACG Advisory Board reflects a core ACG conviction: that large-scale sport and entertainment districts must be conceived from the outset as integrated economic ecosystems spanning sport, entertainment, hospitality, tourism and business events. Convention Centres, conference facilities and other business events infrastructure are essential components of such districts. They can generate high-value activity on non-match and non-concert days, strengthen year-round hotel and hospitality demand, and connect the district to the wider tourism and business travel economy of its host country.

Rick therefore brings to ACG a rare combination of strategic and practical expertise: deep knowledge of African destination development; pan-continental relationships with tourism ministries, national tourism organisations and other public-sector stakeholders; hands-on experience in establishing Convention Bureaus and business events infrastructure; and a long-term perspective on the role of business events in African socio-economic development. These capabilities are directly relevant to ACG’s work in originating and structuring large-scale sport and entertainment district projects across the continent.

“Rick Taylor is one of the most respected voices in African business tourism, and his career has literally built the Convention Bureau architecture that powers business events across the continent. His appointment reflects a foundational conviction at ACG: that sport and entertainment districts are not stadiums and concert halls standing alone, but integrated ecosystems that generate value across sport, entertainment, hospitality and business events. Sport, entertainment and convention infrastructure is district infrastructure. His presence on our Advisory Board significantly strengthens ACG’s capacity to originate projects that combine these dimensions from the outset,” said Nicolas Pompigne-Mognard (www.Pompigne-Mognard.com), Founder and Executive Chairman of ACG.

The ACG Advisory Board provides strategic guidance as ACG originates and structures large-scale sport and entertainment district projects across the continent, aligning governments, development finance institutions (DFIs), investors, sport bodies and infrastructure partners to support the development of financially sustainable, mixed-use district ecosystems.

Africa’s sport economy is projected to reach $20 billion by 2035, yet the continent continues to lack the integrated district ecosystems required to support large-scale development. ACG addresses this gap by originating bankable sport and entertainment district projects, moving beyond single-venue development models towards mixed-use, revenue-generating and financially sustainable district ecosystems.

Through its collaborative model, ACG convenes governments, PPP authorities and regulators, development finance institutions, private investors, developers, designers and engineers, legal and transaction advisors, operators, sport federations and leagues, event promoters, media and broadcast partners, academic institutions and host communities, creating structured pathways from concept to feasibility, bankability and delivery.

Distributed by APO Group on behalf of African Collaborations Group (ACG).

Media contact:
marie@apo-opa.com

About African Collaborations Group (ACG):
African Collaborations Group (ACG) (www.ACGafrica.com) is the leading strategic project origination and collaboration platform focused on the industrialisation of sport in Africa through the origination of bankable sport and entertainment district ecosystems. By convening governments, private-sector partners, development finance institutions, sport and entertainment stakeholders, and academic institutions, ACG creates structured pathways that transform concepts into investable and deliverable district projects across the continent.

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Ghana Energy Minister John Jinapor to Speak at MSGBC Oil, Gas & Power 2026

Source: APO


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Ghana’s Minister for Energy and Green Transition Dr. John Abdulai Jinapor will participate as a speaker at MSGBC Oil, Gas & Power 2026 in Dakar, Senegal, from December 1–3. His participation comes as Ghana pursues upstream investment, domestic gas monetization and power-sector reforms to strengthen energy security and attract capital.

Minister Jinapor’s participation brings Ghana’s experience in balancing hydrocarbon development, electricity reliability and renewable energy investment to a regional forum focused on cross-border infrastructure and resource development. The fifth edition, held at the CICAD under the high patronage of President Bassirou Diomaye Faye, will connect policymakers, operators and investors across the MSGBC basin.

Ghana’s latest initiatives combine upstream recovery with major downstream infrastructure plans. On October 20, Jinapor pledged to lead inter-ministerial talks addressing land acquisition, compensation and financing hurdles facing the proposed $28-billion Petroleum Hub in Jomoro, following an agreement between the Petroleum Hub Development Corporation and a United Arab Emirates consortium led by Global Sphere.

https://apo-opa.co/4ijaUOu

The proposed development includes a 300,000-barrel-per-day refinery, petrochemical facilities and deepwater ports, with construction targeted for early 2027. If delivered, the project could expand domestic processing capacity, support industrial activity and position Ghana as a regional petroleum-products trading hub.

At African Energy Week 2026 in Cape Town, Jinapor also reported $3.5 billion in upstream investment commitments for Ghana’s Jubilee, Tweneboa, Enyenra and Ntomme, and Offshore Cape Three Points fields. The commitments support expansion and drilling campaigns as the country seeks to reverse declining production and sustain output from mature offshore assets.

https://apo-opa.co/4BoGjrs

Gas supply and power-sector efficiency remain central to that strategy. Ghana is implementing its Second Gas Processing Plant, while plans for additional offshore infrastructure aim to increase gas availability; the government has also reported savings of $500 million from reducing liquid-fuel imports for electricity generation.

https://apo-opa.co/4jGStFP

Regional integration offers another route to improving supply security. Jinapor recently outlined discussions with Nigeria on exchanging Ghanaian electricity for Nigerian natural gas delivered through the West African Gas Pipeline, while Ghana is procuring a 200 MW battery energy storage system alongside a 200 MWp solar facility.

https://apo-opa.co/4Bxfr94

These measures complement efforts to address energy-sector liabilities, which exceeded $3 billion at the start of 2025, and improve payments to independent power producers. Ghana’s longer-term plans include expanding renewable capacity, increasing electricity access to 99% by 2030 and developing nuclear power as part of its future generation mix.

“Minister Jinapor’s participation brings valuable perspective on how Ghana is mobilizing investment across upstream production, gas monetization and power infrastructure to strengthen energy security and support industrial growth. His contribution will enrich regional discussions at MSGBC Oil, Gas & Power 2026, fostering opportunities for cross-border cooperation, infrastructure development and investment partnerships across West Africa,” says Sandra Jeque, Vice President, Energy Capital & Power.

MSGBC Oil, Gas & Power 2026 will also feature Senegal’s Minister of Energy and Petroleum Dr. El Hadji Abdourahmane Diouf; Guinea-Conakry’s Minister of Energy Laye Sékou Camara; Algeria’s Minister of State for Hydrocarbons Mohamed Arkab and Minister of Energy and Renewable Energies Mourad Adjal; Guinea-Bissau’s Minister of Natural Resources Baldé; and Mali’s Minister of Energy and Water Tiémoko Traoré.

Organized by Energy Capital & Power and held under the High Patronage of Senegalese President Bassirou Diomaye Faye, MSGBC Oil, Gas & Power 2026 takes place December 1–3 in Dakar and will convene heads of state, ministers, investors, operators and development partners from Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry. Explore opportunities and secure your participation at www.MSGBCOilGasandPower.com.

Distributed by APO Group on behalf of Energy Capital & Power.

International Islamic Trade Finance Corporation (ITFC) Surpasses US$100 Billion in Trade Finance Approvals

Source: APO

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), the trade finance and trade development arm of the Islamic Development Bank (IsDB) Group, has surpassed US$100 billion in cumulative trade finance approvals since commencing operations in 2008.

The milestone marks a significant chapter in ITFC’s contribution to supporting trade, economic resilience and sustainable development across its Member Countries.

Over nearly two decades, ITFC has provided and mobilized trade finance to support essential imports and exports, strengthen food and energy security, connect producers and exporters to markets, and provide businesses with the financing and inputs required to operate and grow.

The development impact extends beyond the scale of financing. In 2025 alone, ITFC-supported operations contributed to food access for approximately 24 million households and electricity access for an estimated 17.8 million households, reached around 460,000 farmers, and provided access to finance to 546 corporates and SMEs.

More than one-third of ITFC’s cumulative approvals have supported Least Developed Countries, reflecting the Corporation’s focus on markets where access to trade finance is often most constrained.

ITFC has also played an important countercyclical role during periods of global and regional disruption. Through financial crises, the COVID-19 pandemic and recent geopolitical shocks, the Corporation continued supporting critical trade flows at times when commercial trade credit became increasingly constrained.

Commenting on the milestone, Eng. Adeeb Yousuf Al Aama, Chief Executive Officer, ITFC said: “Surpassing US$100 billion in cumulative approvals is more than a measure of scale. It represents nearly two decades of partnership with our Member Countries and a sustained commitment to using trade as a driver of development, resilience and opportunity. Behind this milestone are essential commodities delivered, businesses supported, markets connected and livelihoods strengthened. It also demonstrates what can be achieved when ITFC combines its own resources with the capital, expertise and partnerships of the wider IsDB Group and our financing partners.”

The milestone comes as the IsDB Group advances implementation of its Ten-Year Strategic Framework 2026–2035 and Five-Year Corporate Strategies 2026–2030. ITFC will build on its track record by scaling trade finance sustainably, mobilizing greater private and institutional capital, expanding access for SMEs, advancing digital trade finance solutions, and deepening partnerships across Member Countries.

As it enters its next phase, ITFC remains focused on strengthening trade as a catalyst for economic growth, resilience and shared prosperity across the markets it serves.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

Contact ITFC:
Tel: +966 12 646 8337
Fax: +966 12 637 1064
E-mail: ITFC@itfc-idb.org

Follow ITFC on:
Twitter: @ITFCCORP (https://apo-opa.co/4z51tJL)
Facebook: @ITFCCORP (https://apo-opa.co/4dVgcyr)
LinkedIn: International Islamic Trade Finance Corporation (ITFC) (https://apo-opa.co/4zSXrUW)

About the International Islamic Trade Finance Corporation (ITFC):
The International Islamic Trade Finance Corporation (ITFC) is a member of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving socioeconomic conditions of the people across the world. Commencing operations in January 2008, ITFC has provided US$100 billion of financing to OIC member countries, making it the leading provider of trade solutions for these member countries’ needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity building tools, which would enable them to successfully compete in the global market.

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Ghana sets a $10.8 billion renewable plan for 2026–2030 as regional clean-energy investment deepens, Kowatek Solar notes

Source: APO


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Kowatek Solar LTD (www.Kowatek.com) notes Ghana’s updated Renewable Energy Master Plan for 2026 to 2030, which targets 852 megawatt-peak of utility-scale solar and 709 megawatt-peak of utility-scale wind, as a further signal that West African markets are raising clean-energy ambition alongside Nigeria’s new financing vehicles.

Solar is estimated to need about $631 million and wind about $999 million. The full cycle is put at about $10.8 billion, nearly twice the $5.6 billion attached to the 2019 plan, and is associated with more than 353,000 jobs if manufacturing, installation and operations all land. Summaries of the plan also cite 127 MW of new hydropower, 440 mini-grids for rural and island communities, 1.1 million solar lanterns, and targets for biofuel and improved cookstoves.

Coverage of the update noted that the previous cycle was held back by a coordination and monitoring structure that was not fully operational, which weakened data, reporting and evaluation. The new numbers will be judged on procurement and grid connection, not on the plan text alone.

For neighbours, the useful lesson is sequencing. Utility auctions and rural mini-grids need different capital and different contractors. Nigeria’s DRE Fund is aimed at the second of those. Ghana’s master plan tries to fund both, plus clean cooking. Firms that can design hybrid plants for commercial loads will see work on either side of the border if the tenders are real. Kowatek Solar, active in Nigeria with a Canada expansion track, publishes system types at www.Kowatek.com.

Distributed by APO Group on behalf of Kowatek Solar LTD.

Reference links
Primary public sources used in this release (checked October 2026):

Ghana RE Master Plan — NatureNews — https://apo-opa.co/4ik477q

Nigeria DRE Fund — BusinessDay — https://apo-opa.co/47EUZ8u

Kowatek Solar — www.Kowatek.com

Kowatek about — https://apo-opa.co/3TTx0za

Company: www.Kowatek.com  |  https://apo-opa.co/3TTx0za

Media contact:
Kowatek Solar LTD
Royalty Plaza, 261 DBS Road, Central Area, Asaba, Delta State, Nigeria
Tel: +234 817 539 3233
Email: info@kowatek.com
Web: www.Kowatek.com

About Kowatek Solar:
Kowatek Solar LTD (www.Kowatek.com) designs and delivers premium solar, lithium storage and hybrid power systems for homes, estates, businesses, hotels, churches, schools and industrial sites. Founded in 2021 and headquartered in Asaba, Delta State, with an international track in Canada, the company focuses on engineered systems that reduce diesel dependence and keep essential loads online. Learn more at www.Kowatek.com and https://apo-opa.co/3TTx0za.

Beyond the Fairways: Kenya Defence Forces (KDF) Drives Wellness, Unity and Esprit de Corps Through Golf

Source: APO

Sport remains a powerful pillar in strengthening physical fitness, mental resilience and esprit de corps within the Kenya Defence Forces (KDF). Beyond competition, golf provides a platform for promoting discipline, teamwork, social interaction and lasting relationships, reinforcing the importance of holistic wellness in sustaining a healthy, motivated and mission-ready force.

The 2026 Commander Kenya Army Trophy Golf Tournament, held at Thika Greens Golf Resort, brought together over 260 military and civilian golfers in a spirited display of sportsmanship, camaraderie and friendly competition. Organised by the Kenya Defence Forces Golf Association (KDFGA) under the KDF wellness programme, the tournament underscored the role of sport in strengthening cohesion within the military fraternity and fostering civil-military relations.

The Deputy Army Commander, Major General John Nkoimo, who represented the Commander Kenya Army, emphasised the importance of balancing physical fitness, mental well-being and social engagement in sustaining operational effectiveness. He noted that golf cultivates patience, discipline, concentration and integrity, qualities that are equally fundamental to military professionalism and leadership.

Maj Gen Nkoimo commended the participants for their competitive spirit and sportsmanship, while appreciating the sponsors for supporting initiatives that advance personnel welfare and institutional cohesion.

KDFGA Chairperson, Major General Eric Kinuthia, hailed the impressive turnout, noting that sporting engagements provide valuable opportunities to strengthen bonds among service personnel, veterans and the civilian golfing community.

The tournament produced outstanding performances, with Corporal Christine Mwirigi emerging as the overall KDFGA champion with 48 points. Colonel Benjamin Kiprop claimed the Men’s Division A title with 43 points, while Major Douglas Omaore won Division B with 44 points.

In the ladies’ category, Major Lucia Mwaniki secured the Division A title with 43 points, while Sergeant Lucy Talam emerged victorious in Division B with 42 points. Lieutenant Colonel (Rtd) Mike Talam won the veterans’ category, while Major (Rtd) Dennis Owino and Warrant Officer Class Two Priscillah Mutash claimed the men’s and ladies’ Longest Drive honours, respectively.

Beyond the trophies and individual achievements, the tournament reinforced the KDF’s commitment to promoting a culture of wellness, strengthening civil-military bonds and nurturing a cohesive military community.

Through sport, the KDF continues to invest in the physical and mental well-being of its personnel, recognising that a healthy, resilient and united force is fundamental to operational readiness and mission success.

Distributed by APO Group on behalf of Ministry of Defence – Kenya.

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Kenya Navy Handball Team Storms Premier League After Stellar Debut Season

Source: APO

The Kenya Navy Handball Team has secured promotion to the Handball Premier League following an impressive debut in the 2025/2026 Handball National League (HNL), marking a major sporting milestone and reinforcing the Kenya Defence Forces’ (KDF) commitment to nurturing talent, teamwork and competitive excellence.

Demonstrating resilience, discipline and tactical determination, the team finished third in the national league standings after a competitive campaign that saw it register 12 wins, three draws and five losses from 20 matches. With 553 goals scored and 27 points accumulated, the achievement secured the team’s elevation to Kenya’s top-tier handball competition.

In recognition of the milestone, the team presented its third-place trophy to the Commander Kenya Navy Base Mtongwe, Brigadier William Kiprotich, celebrating a breakthrough season defined by collective effort, commitment and sporting excellence.

Competing against established national teams, the Navy side demonstrated remarkable determination in its maiden campaign, gaining valuable experience in tactical execution, match management and competitive consistency. The achievement reflects the growing strength of sporting programmes within the Kenya Navy and their contribution to developing disciplined, resilient and high-performing service personnel.

With attention now shifting to the 2026/2027 Premier League season, the team has intensified preparations through a training camp at Moi Air Base, undertaking rigorous physical conditioning, technical drills and tactical coordination at Sina Makosa Stadium.

The preparations have also incorporated county and national competitions to sharpen match fitness, strengthen team cohesion and assess readiness for the challenges of top-flight handball. The team’s upcoming league fixtures are expected to be staged primarily at Kaloleni Grounds, with selected matches at Nyayo National Stadium.

Beyond the sporting achievement, the promotion underscores the importance of institutional support, sustained training and teamwork in cultivating excellence within the KDF.

As the Kenya Navy Handball Team prepares to compete among the country’s elite, its remarkable rise from national league debutants to Premier League contenders stands as a testament to determination, discipline and the pursuit of excellence, both on the field and in military service.

Distributed by APO Group on behalf of Ministry of Defence – Kenya.

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South Africa: Deputy President Mashatile to visit Bronkhorstspruit following water crisis

Source: APO


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Deputy President Shipokosa Paulus Mashatile will on Monday, 26 October 2026, visit Bronkhorstspruit in the City of Tshwane Metropolitan Municipality, Gauteng Province, following reports of gastrointestinal illness linked to the consumption of contaminated water in the area.

The visit forms part of the work of the Inter-Ministerial Committee (IMC) on Water and Sanitation chaired by Deputy President Mashatile, which is coordinating government interventions to address water and sanitation challenges, strengthen accountability and accelerate responses to service delivery concerns affecting communities.

During the visit, the Deputy President will visit the Bronkhorstspruit Water Treatment Works (BWTW) to assess the situation, receive an update on the condition of the water treatment infrastructure and engage with relevant authorities on the measures being implemented to restore the safety and reliability of the water supply.

The Deputy President will also visit hospitalised patients following reports of gastrointestinal illness associated with the consumption of contaminated water. The engagement will provide an opportunity to receive updates on the condition of affected residents and the healthcare response.

Approximately 408 cases of gastrointestinal illness were reported in the Bronkhorstspruit area following the consumption of water suspected to have been contaminated and linked to the Bronkhorstspruit Water Treatment Works. The incident has raised serious concerns about the safety of the water supply and the potential health risks to communities.

The City of Tshwane Metropolitan Municipality has been leading response efforts, including interventions to address water quality concerns, assess the affected infrastructure and implement measures aimed at safeguarding public health and restoring the provision of safe water to affected residents.

Through this visit, the Deputy President will assess progress made in addressing the crisis and engage with the City of Tshwane and relevant government departments to reinforce the importance of coordinated action, effective oversight and accountability in ensuring access to safe and reliable water.

Deputy President Mashatile will be accompanied by the Minister of Water and Sanitation, Ms Pemmy Majodina; Deputy Minister of Water and Sanitation, Mr David Mahlobo; Gauteng Premier, Mr Panyaza Lesufi; Gauteng MEC for Roads and Transport, Mr Jacob Mamabolo; and the Executive Mayor of the City of Tshwane Metropolitan Municipality, Dr Nasiphi Moya, alongside other relevant government officials.

Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.

Early Detection, Stronger Hope: Kenya Defence Forces (KDF) Steps Up Fight Against Breast Cancer

Source: APO

Early detection saves lives. As the world marks Breast Cancer Awareness Month, the Kenya Defence Forces (KDF) continues to strengthen preventive healthcare, medical professionalism and patient-centred care through initiatives aimed at improving cancer awareness, timely diagnosis and treatment outcomes.

Lanet Regional Hospital (LRH) marked the annual awareness campaign by conducting a Continuing Medical Education (CME) session focused on strengthening healthcare professionals’ knowledge and clinical capacity in breast cancer prevention, early detection, diagnosis, treatment and patient support.

The session provided a platform for medical personnel to exchange professional knowledge, examine evolving clinical practices and explore effective approaches to breast cancer management, reinforcing the importance of continuous professional development in delivering quality healthcare.

Addressing participants, the hospital leadership, led by Chief Medical Officer Colonel (Dr) Muithya, emphasised that early detection, timely medical intervention and access to appropriate treatment remain critical in improving survival rates and quality of life for individuals affected by breast cancer.

The leadership encouraged healthcare professionals to intensify public awareness on breast cancer risk factors, warning signs and recommended screening practices, while promoting prompt medical assessment of suspicious breast changes.

Beyond clinical interventions, the session highlighted the importance of compassionate, patient-centred care, psychosocial support and sustained engagement with patients and their families throughout the cancer care journey.

Participants were challenged to translate the knowledge gained into improved clinical practice, strengthen preventive healthcare initiatives and remain responsive to advances in cancer diagnosis and treatment.

The initiative underscores the KDF’s commitment to strengthening military healthcare services through professional capacity development, preventive medicine and accessible, quality healthcare.

Through sustained awareness, early detection and compassionate care, Lanet Regional Hospital continues to advance the fight against breast cancer, reaffirming that protecting lives begins with knowledge, timely action and collective responsibility.

Distributed by APO Group on behalf of Ministry of Defence – Kenya.

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