Category: Africa

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SA rises to meet investment opportunities

Source: Government of South Africa

SA rises to meet investment opportunities

South Africa is positioned to rise to the challenges posed by the complex task of attracting investments that are set to further propel the country’s development trajectory, says Trade, Industry and Competition Minister Parks Tau.

At the opening of the sixth South Africa Investment Conference (SAIC) on Tuesday in Gauteng, Tau reiterated the country’s ability to turn investor confidence into tangible returns, framing it as an “investment destination of choice”. 

“We have learned that complexity is not a reason for paralysis but rather, it is a prompt call for action. South Africa has turned the corner,” Tau said.

With improving economic indicators, including four consecutive quarters of Gross Domestic Product (GDP) growth, a stabilising national debt and three years of primary budget surpluses, President Cyril Ramaphosa has recently reiterated the qualities that signal the country’s value as an investment drawcard for global players.

READ | New investment signals confidence as SA economy turns a corner

At the highly-anticipated 2026 edition of SAIC at the Sandton Convention Centre, Minister Tau said the progress made to turn South Africa’s fortunes around is largely attributable to steady and accelerating efforts, including expanding its footprint in external markets.

“South Africa is the continent’s leading exporter of manufactured goods and its largest outward investor.”

Tau acknowledged the impact of major economies “turning inward” in the face of global volatility – something that affects economies such as South Africa, which are characterised by “openness” and reliance on trading with others. 

“When the status quo was upended in April 2025, many predicted a reckoning. The prognosis was steep. Tens of thousands of jobs in citrus, wine and vehicle manufacturing in South Africa were said to be at risk. 

“Economists estimated the tariff shock could shave off measurable points of growth. It was, in the parlance of the moment, a crisis. South Africa did not reach Armageddon and instead, we demonstrated resilience,” Tau said.

Maximising existing trade relations

Tau said South Africa activated the Export Support Desk to redirect affected exporters into alternative markets. 

“We accelerated negotiations with China and Thailand on agricultural protocols. What is evident is that South Africa has indeed turned the corner.

“South Africa has turned the corner. Consider the evolution of our trade partnerships over the past three years. With Europe, we did not simply manage an existing relationship; we remade it.

“South Africa is the first CTIP [Clean Trade and Investment Partnership] partner of the EU [European Union] because of who we are and what we represent — the largest investment partner in Sub-Saharan Africa, with bilateral trade flows of R860 billion rands in 2024, offering a stable, predictable and profitable market, and representing the most industrialised gateway to the African continent and a lot more.”

Tau said the EU has mobilised a combined investment package of nearly R230 billion for South Africa under its Global Gateway initiative, covering the Just Energy Transition, critical raw materials, digital connectivity, and pharmaceutical value chains.

“Across the Middle East, new partnerships with the UAE [United Arab Emirates], Qatar and Saudi Arabia are advancing, supported by a coordinated effort between the Presidency, DIRCO [Department of International Relations and Cooperation], and the Department of Trade, Industry and Competition (dtic) to make inroads into high-growth markets that a decade ago barely featured in our trade portfolio,” the Minister said.

Ready to build

The ability to “turn the corner”, Tau said, is just the first chapter of illustrating South Africa’s trade abilities. 

“…We have (also) demonstrated our capacity to turn investment commitments into operational projects and real economic activity. 

“When President Ramaphosa launched this Investment Conference platform in 2018, we set an ambition that many regarded as both aspirational and inspirational. Eight years on, the first five-year investment mobilisation drive exceeded its target.

“Over 300 projects were initiated; 161 are either completed or in active construction. More than R600 billion of those commitments have already flowed into the real economy,” Tau said.

With the case for South Africa’s capabilities and potential clearly demonstrated, SAIC 2026 marks a shift from high-level planning to a more focused phase of implementation, as government accelerates delivery on existing investment commitments.

Government is targeting an additional R2 trillion in investment commitments over the next five years. This builds on the first five conferences, which secured a combined R1.5 trillion in pledges, with more than R600 billion already invested in the economy.

These investments have supported the establishment of new factories, mines and industrial facilities, contributing to job creation, poverty reduction and efforts to address inequality. – SAnews.gov.za

Edwin

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Africa Mining Week (AMW) 2026 to Spotlight Regional Policy Alignment as Africa Unlocks $8.6T Minerals Potential

Source: APO – Report:

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With demand for critical minerals set to triple by 2030 and Africa holding 30% of global reserves, African countries are accelerating plans to align policies, share infrastructure and form regional consortia to address sector challenges and unlock the continent’s $8.6 trillion in untapped mineral resources. To highlight policy initiatives and regional collaboration measures underway, the upcoming African Mining Week (AMW) 2026 – scheduled for October 14–16 in Cape Town – will host a Ministerial Forum titled ‘Regional Policy Alignment: Mining Code Reforms to Unlock Value’.

The forum will convene African mining ministers to explore how intergovernmental policy coordination can enable cross-border trade in minerals and advance the continent’s local beneficiation agenda.

Reforms Driving Regional Integration

With intra-African trade accounting for only 16% of the continent’s total, several African nations are rolling out policies to strengthen regional market integration. Namibia is finalizing a new Mining Code designed to position the country as a regional hub, connecting southern African markets with global buyers of high-value minerals.

In February 2026, AMW organizers reported remarks from Nangula Frienda Ithete, Namibia’s High Commissioner to South Africa, highlighting the country’s strategic approach.

“We are fully aligned with AfCFTA [African Continental Free Trade Area] and global market trends. Namibia is ready to serve as a gateway between SADC and international markets for critical minerals,” Ithete said, underscoring Namibia’s focus on regional integration and local value addition.

Similarly, Ghana – Africa’s largest gold producer – is leveraging the AfCFTA to strengthen trade and investment flows. In early 2026, Ghana partnered with South Africa’s Rand Refinery to enhance local gold processing, advancing artisanal mining empowerment, local beneficiation and regional collaboration.

In February 2026, Ghana’s Minister of Lands and Natural Resources, Emmanuel Armah-Kofi Buah, emphasized: “Africa’s integration is not only a political move but a strategic economic vision. Natural resources require harmonized policies. Isolated legal frameworks disrupt continental coordination and limit growth potential.”

Meanwhile, Nigeria, which has 44 identified minerals and is reopening over 2,000 mines to unlock its mining sector potential, is also advancing regional integration through frameworks such as the African Mining Vision and the Africa Mineral Strategy Group, according to Henry Alake, Minister of Solid Minerals Development.

“Finance institutions should not invest narrowly; capital should flow across the region. We need corridors linking multiple countries, from Lagos to Maputo, to enable cross-border factories, jobs, and value creation,” stated Alake in Cape Town last month.

The country’s focus on regional partnership stretches back to 2025 when Nigeria signed a strategic partnership agreement with South Africa to strengthen its underdeveloped solid minerals sector using South African expertise. Similarly, South Sudan is collaborating with South Africa to accelerate national geomapping and mineral exploration, as the country seeks to diversify its economy from petroleum.

AMW 2026: A Platform for Regional Cooperation

These examples underscore a growing focus among African markets to deepen regional cooperation, enhance trade and optimize mineral sector growth. The Ministerial Forum will provide a platform for African mining ministers to provide an update on these and many more regional cooperation initiatives while showcasing investment prospects for global investors across the continent’s mining value chain.

AMW serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2026 conference from October 12-16 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

– on behalf of Energy Capital & Power.

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Journée du Groupe BID au Nigéria : un engagement renforcé en faveur du secteur privé et des partenariats d’investissement

Source: Africa Press Organisation – French

Le Groupe de la Banque islamique de développement (BID) (www.IsDB.org) a clôturé avec succès sa Journée au Nigéria le 30 mars 2026. Cet événement a réuni de hauts responsables gouvernementaux, des dirigeants du secteur privé, des représentants d’institutions financières, des chambres de commerce, des partenaires au développement et des acteurs internationaux afin de consolider les synergies existantes, de renforcer la collaboration, de promouvoir l’investissement et de stimuler la croissance tirée par le secteur privé au Nigéria.

Cette manifestation de haut niveau a mis en lumière l’importance stratégique du Nigéria, première économie d’Afrique, ainsi que le rôle crucial de l’engagement du secteur privé pour relever les principaux défis du développement, notamment les lacunes en matière d’infrastructures, le chômage des jeunes et des femmes, l’accès limité au financement pour les petites et moyennes entreprises (PME) et la transition vers une économie plus diversifiée et durable.

La Journée du Groupe BID a servi de plateforme stratégique pour présenter l’ensemble des services et solutions proposés par le Groupe en matière d’investissement, de financement du commerce, d’assurance, de finance islamique et de renforcement des capacités. L’événement a facilité le dialogue entre les décideurs politiques, les investisseurs, les entrepreneurs et les partenaires au développement, favorisant une compréhension mutuelle approfondie et l’exploration d’opportunités d’affaires et d’investissement concrètes.

Dans son discours d’ouverture, S.E. M. Wale Edun, ministre des Finances et ministre coordinateur de l’Économie de la République fédérale du Nigéria, a déclaré: «Alors que le Nigéria passe d’une phase de stabilisation économique à une période de forte croissance en 2026, nous concentrons nos efforts sur l’accélération de la croissance et la mobilisation des investissements. Pour atteindre l’objectif d’une économie d’1  trilliard USD d’ici 2030, il est indispensable de disposer de « capitaux à vocation”, c’est-à-dire d’investissements qui permettent de concrétiser la stabilité financière et d’obtenir des résultats sociaux tangibles. Grâce à notre partenariat stratégique avec la Banque islamique de développement (BID) et à la mise en œuvre du Cadre de partenariat pays 2026-2028, nous modernisons nos infrastructures, industrialisons notre agro-industrie et catalysons une dynamique  économique inclusive, en intégrant 10 millions de Nigérians à une activité économique productive. En tirant parti d’instruments innovants comme les soukouks, nous ne nous contentons pas de financer des projets ; nous bâtissons un Nigéria résilient par nature, inclusif par essence et une destination de choix pour les investissements mondiaux. »

Quant au chef de la délégation du Groupe de la BID, il a souligné : « Le Cadre de partenariat pays marque le début d’une nouvelle ère de synergie stratégique, dépassant les interventions isolées pour proposer des solutions intégrées à l’échelle fédérale. Nous mobilisons nos ressources institutionnelles afin d’accompagner la transition du Nigéria vers une économie diversifiée et à forte croissance, où le secteur privé joue un rôle fondamental de moteur du développement.» Il a également insisté sur le fait que, grâce à ce partenariat, le Groupe reste déterminé à accélérer la mise en œuvre de solutions transformatrices intégrées qui favorisent la résilience nationale et une industrialisation compétitive.

L’un des points forts du programme a été une table ronde consacrée aux priorités de développement du Nigéria et au rôle du Groupe de la BID dans la définition de pistes de coopération concrètes et la création de partenariats stratégiques pour soutenir le Nigéria sur la voie d’un développement durable et inclusif.

Les discussions menées lors de la Journée du Groupe de la BID étaient étroitement liées à la vision de développement du Nigéria, qui vise à bâtir une économie diversifiée, inclusive et résiliente, portée par une croissance tirée par le secteur privé. L’accent a été mis sur l’élargissement de l’accès au financement pour les PME, le renforcement des partenariats public-privé, la promotion des énergies renouvelables et des infrastructures vertes, ainsi que l’investissement dans le capital humain afin de créer des opportunités pour les jeunes et les femmes.

Ces priorités témoignent de l’engagement du Nigéria en faveur du développement durable, de la diversification économique et d’une intégration régionale plus poussée par le biais du commerce et de l’investissement. Une série de réunions bilatérales (B2B et B2G) ont été organisées entre des représentants du Groupe de la BID, des chefs d’entreprise, des investisseurs et des institutions financières afin d’explorer les possibilités de coopération et de partenariat avec le Groupe de la Banque islamique de développement. Des exemples de réussite inspirants, mis en œuvre au Nigéria en partenariat avec des entrepreneurs locaux ainsi que des institutions locales et internationales, ont également été présentés.

L’événement a également mis en lumière les activités, les services et les initiatives des institutions du Groupe de la BID, notamment la Société islamique d’assurance des investissements et du crédit à l’exportation (SIACE), la Société islamique pour le développement du secteur privé (SID), la Société internationale islamique de financement du commerce (SIFC), l’Institut de la Banque islamique de développement (IBID) et le Forum des entreprises du Groupe de la Banque islamique de développement (THIQAH). La journée s’est conclue par la réaffirmation de l’engagement du Groupe de la Banque islamique de développement à poursuivre sa coopération avec le gouvernement nigérian et le secteur privé du pays afin de renforcer les partenariats stratégiques, d’accroître les opportunités d’investissement et d’améliorer l’environnement des affaires, contribuant ainsi à la réalisation du développement durable au Nigéria.

Distribué par APO Group pour Islamic Development Bank Group (IsDB Group).

Contacts presse :
Société islamique d’assurance des investissements et des crédits à l’exportation (SIACE)
Courriel : ICIEC-Communication@isdb.org

Société internationale de financement du commerce (SIFC)
Tél. : +966 12 646 8337
Fax : +966 12 637 1064
Courriel :  ITFC@itfc-idb.org

Forum des entreprises du Groupe de la Banque islamique de développement (THIQAH)
Courriel : THIQAH@isdb.org

Réseaux sociaux :
Société islamique d’assurance des investissements et des crédits à l’exportation (SIACE)
X
Facebook
LinkedIn
YouTube
Instagram

Société islamique pour le développement du secteur privé (SID)
Twitter : @ ICD_PS
LinkedIn : ICDPS
Facebook : @ icdps
YouTube : ICDPS

Société internationale de financement du commerce (SIFC)
Twitter : @ SIFCCORP
Facebook : @ SIFCCORP
LinkedIn : Société internationale islamique de financement du commerce (SIFC) 

Forum des entreprises du Groupe de la Banque islamique de développement (THIQAH)
Twitter : @ IDBGTHIQAH
Facebook : @ IDBGTHIQAH
LinkedIn : Forum des entreprises du Groupe de la BID – THIQAH

A propos de la Banque islamique de développement (BID) :
La Banque islamique de développement (BID) est une institution multilatérale de développement jouissant de la notation AAA par les grandes agences internationales de notation. Le BID ouvre depuis plus de 50 ans pour améliorer des conditions de vie de dans les pays membres et communautés musulmans à travers le monde. La BID collabore avec 57 pays membres dans quatre continents et sa mission est de préparer les individus à être les moteurs de leur progrès économique et social et de leur fournir l’infrastructure nécessaire leur permettant de réaliser pleinement leur potentiel.

La Banque islamique de développement a son siège à Djeddah, en Arabie saoudite, et dispose de centres régionaux et de centres d’excellence dans 11 pays membres. Au fil des années, la banque est passée d’une entité unique à un groupe de cinq entités, à savoir la Banque islamique de développement IBID),  l’Institut de la Banque islamique de développement (IBID)- en charge des recherches et de formation, la la Société Islamique pour l’Assurance des Investissements et des Crédits à l‘Exportation (SIACE), la Société islamique pour le développement du secteur privé (SID) et la Société islamique internationale de financement du commerce (SIFC).

A propos de la Société islamique d’assurance des investissements et des crédits à l’exportation (SIACE) :
Fondé en 1994, La SIACE favorise les relations économiques entre les pays membres de l’OCI en proposant des solutions d’atténuation des risques pour le commerce et l’investissement. En tant que seul assureur multilatéral islamique au monde, la Société a joué un rôle de pionnier en proposant une gamme complète de solutions aux entreprises et aux parties prenantes de ses pays membres. Pour la 17ème année consécutive, la SIACE a conservé la note de solvabilité « Aa3 » de Moody’s, la classant parmi les meilleurs du secteur de l’assurance du crédit et risques politiques (CPRI). De plus, la SIACE s’est vu attribuer pour la première fois la note de crédit émetteur à long terme « AA- » par S&P avec une perspective stable. La résilience de la SIACE repose sur sa solide souscription, sa réassurance, sa gestion des risques et ses politiques d’investissement. Au total, la SIACE a assuré plus de 121 milliards USD en échanges commerciaux et en investissements. Les activités de la SIACE couvrent plusieurs secteurs, notamment l’énergie, l’industrie manufacturière, les infrastructures, la santé et l’agriculture.

Pour plus d’informations, veuillez consulter : http://ICIEC.IsDB.org

A propos de la Société islamique pour le développement du secteur privé (SID) :
La Société islamique pour le développement du secteur privé (SID) est une organisation multilatérale affiliée à la Banque islamique de développement (BID). Elle soutient le développement économique de ses pays membres en fournissant une assistance financière à des projets du secteur privé, conformément aux principes de la charia. Elle mobilise également des ressources supplémentaires pour des projets et encourage le développement de la finance islamique. Les opérations de la SID complètent celles de la BID dans les pays membres et celles des institutions financières nationales. La SID compte 55 pays membres et cinq institutions financières publiques comme actionnaires, et dispose d’un capital autorisé de 4 milliards USD.

Site web : www.ICD-ps.org

A propos de la Société internationale de financement du commerce (SIFC) :
La Société internationale islamique de financement du commerce (SIFC) est membre du Groupe de la Banque islamique de développement (BID). Elle a été créée avec pour objectif principal de promouvoir le commerce entre les pays membres de l’OCI, contribuant ainsi à l’objectif global d’amélioration des conditions socio-économiques des populations du monde entier. Depuis son lancement en janvier 2008, la SIFC a fourni plus de 83 milliards USD de financement aux pays membres de l’OCI, ce qui en fait le principal fournisseur de solutions commerciales répondant aux besoins de ces pays. Avec pour mission de devenir un catalyseur du développement du commerce pour les pays membres de l’OCI et au-delà, la Société aide les entités des pays membres à accéder plus facilement au financement du commerce et leur fournit les outils de renforcement des capacités nécessaires pour être compétitives sur le marché mondial.

A propos du Forum des entreprises du Groupe de la Banque islamique de développement (THIQAH) :
Le Forum des entreprises du Groupe de la Banque islamique de développement (THIQAH) est la plateforme du Groupe de la BID qui facilite les contacts et la coordination entre les entités concernées du Groupe de la BID et les entreprises du secteur privé et les institutions connexes des pays membres. L’objectif principal de THIQAH est de créer une plateforme unique de dialogue efficace, de coopération et de partenariat inclusif pour les chefs d’entreprise engagés dans des partenariats porteurs d’opportunités d’investissement. Grâce à ses rôles de facilitateur et de catalyseur, THIQAH s’appuiera sur les ressources du Groupe de la BID pour offrir les services nécessaires et inspirer confiance aux investisseurs, et pour établir des partenariats stratégiques avec les leaders du secteur privé. L’accent sera mis sur la maximisation des investissements transfrontaliers entre les pays membres, soutenus par les produits et services financiers du Groupe de la BID. (www.IDBGBF.org)

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IsDB Group Day in Nigeria Advances Private Sector Engagement and Investment Partnerships

Source: APO

The Islamic Development Bank (IsDB) Group (www.IsDB.org) successfully concluded the IsDB Group Day in Nigeria on 30 March 2026, bringing together senior government officials, private sector leaders, financial institutions, chambers of commerce, development partners, and international stakeholders to strengthen collaboration, promote investment, and enhance private sector–led growth in Nigeria.

The high-level event underscored Nigeria’s strategic importance as Africa’s largest economy and highlighted the critical role of private sector engagement in addressing key development challenges, including infrastructure gaps, youth and women unemployment, limited access to finance for small and medium-sized enterprises (SMEs), and the transition toward a more diversified and sustainable economy.

The IsDB Group Day served as a strategic platform to present the Group’s comprehensive range of services and solutions in investment, trade finance, insurance, Islamic finance, and capacity building.

The event facilitated dialogue amongst policymakers, investors, entrepreneurs, and development partners, fostering meaningful engagement and the exploration of practical business and investment opportunities.

In his keynote address, H.E. Mr. Wale Edun, the Minister of Finance and coordinating Minister of the Economy of the Federal Republic of Nigeria stated:

“As Nigeria transitions from economic stabilization to a period of robust expansion in 2026, our focus is firmly set on Growth Acceleration and Investment Mobilization. This journey toward a $1 Trillion economy by 2030 requires ‘capital with purpose’—investments that bridge the gap between financial stability and tangible social outcomes. Through our strategic partnership with the Islamic Development Bank (IsDB) and the implementation of the Country Engagement Framework 2026-2028, we are modernizing our infrastructure, industrializing our agribusiness, and bringing 10 million Nigerians into productive economic activity. By leveraging innovative instruments like Sukuk, we are not just financing projects; we are building a Nigeria that is resilient by design, inclusive by nature, and a premier destination for global investment.”

The IsDB Group Head of Delegation underscored: “The CEF marks a new era of strategic synergy, moving beyond isolated interventions to deliver integrated, federal-scale solutions. We are aligning our institutional resources to support Nigeria’s transition toward a diversified, high-growth economy—one where the private sector serves as the fundamental engine of development.”

He further emphasized that through this partnership, the Group remains dedicated to accelerating the delivery of integrated transformative solutions that foster national resilience and competitive industrialization.

One of the main features of the program was a panel discussion on Nigeria’s development priorities and the role of IsDB Group in formulating practical avenues of cooperation and forging strategic partnerships to support Nigeria’s path towards sustainable and inclusive development.

The discussions during the IsDB Group Day were closely aligned with Nigeria’s future development vision, which focuses on building a diversified, inclusive, and resilient economy driven by private sector–led growth. Emphasis was placed on expanding access to finance for

SMEs, strengthening public–private partnerships, advancing renewable energy and green infrastructure, and investing in human capital to unlock opportunities for youth and women.

These priorities reflect Nigeria’s commitment to sustainable development, economic diversification, and deeper regional integration through trade and investment.

A series of bilateral (B2B and B2G) meetings were held amongst representatives of the IsDB Group, business leaders, investors, and financial institutions to explore opportunities for cooperation and partnerships with the Islamic Development Bank Group. Inspiring success stories implemented in Nigeria in partnership with local entrepreneurs as well as local and international institutions were also presented.

The event also highlighted the activities, services, and initiatives of IsDB Group institutions, including the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC), the Islamic Corporation for the Development of the Private Sector (ICD), the International Islamic Trade Finance Corporation (ITFC), the Islamic Development Bank Institute (IsDBI), and the Islamic Development Bank Group Business Forum (THIQAH).

The day concluded with a reaffirmation of the Islamic Development Bank Group’s commitment to continued cooperation  with the Nigerian government and the country’s private sector to further build strategic partnerships, expand investment opportunities, and enhance the business environment, thereby contributing to the achievement of sustainable development in Nigeria.

Distributed by APO Group on behalf of Islamic Development Bank Group (IsDB Group).

Media Contacts:
Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
Email: ICIEC-Communication@isdb.org

International Trade Finance Corporation (ITFC)
Tel: +966 12 646 8337
Fax: +966 12 637 1064
E-mail: ITFC@itfc-idb.org

Islamic Development Bank Group Business Forum (THIQAH)
Email: THIQAH@isdb.org

Social Media:
Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC)
X  
Facebook
LinkedIn
YouTube
Instagram

Islamic Corporation for the Development of the Private Sector (ICD)
Twitter: @ ICD_PS
LinkedIn: ICDPS
Facebook: icdps
Instagram: @ icdps
YouTube: ICDPSTV

International Trade Finance Corporation (ITFC)
Twitter: @ ITFCCORP
Facebook: @ITFCCORP
LinkedIn: International Islamic Trade Finance Corporation (ITFC)

Islamic Development Bank Institute (IsDBI)​
X (Twitter): https://apo-opa.co/4sBtsxo
Facebook: https://apo-opa.co/4cdzLRY
LinkedIn: https://apo-opa.co/4sKbJ77

Islamic Development Bank Group Business Forum (THIQAH)
Twitter: @ IDBGTHIQAH
Facebook: @ IDBGTHIQAH
LinkedIn: IsDB Group Business Forum – THIQAH

About Islamic Development Bank (IsDB) Group:
Rated AAA by the major rating agencies of the world, the Islamic Development Bank is the pioneering multilateral development bank (MDB) of the Global South that has been working for over 50 years to improve the lives of the people and communities it serves by delivering impact at scale. The Bank brings together 57 Member Countries across four continents, touching the lives of nearly 1 of 4 people worldwide. It is committed to addressing development challenges and promoting collaboration to help achieve the United Nations Sustainable Development Goals (SDGs) by equipping people to drive their own green economic and sustainable social progress, putting planet-friendly infrastructure in place and enabling them to fulfil their potential. Headquartered in Jeddah, Kingdom of Saudi Arabia, IsDB has 10 regional hubs and a center of excellence.  Over the years, the Bank has evolved from a single entity into a group comprising: the Islamic Development Bank (IsDB), the Islamic Development Bank Institute (IsDBI); the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC); the Islamic Corporation for the Development of the Private Sector (ICD); and the International Islamic Trade Finance Corporation (ITFC).

About the Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC):
Established in 1994, ICIEC seeks to strengthen economic relations and stimulate trade and investment among OIC member countries through the provision of risk mitigation instruments and financial solutions. It remains the world’s only multilateral insurer operating in compliance with Islamic Sharia.

ICIEC currently serves 50 countries and has maintained its “Aa3” insurance credit rating from Moody’s for 17 consecutive years – the among credit and political risk insurers. It also received a first-time long-term credit rating of AA- from Standard & Poor’s with a stable outlook. The Corporation’s resilience is underpinned by sound underwriting, reinsurance and risk management practices. To date, ICIEC has cumulatively insured over 121 billion USD in trade and investment across key sectors, including energy, manufacturing, infrastructure, healthcare, and agriculture.

For more information, visit: http://ICIEC.IsDB.org

About the Islamic Corporation for the Development of the Private Sector (ICD):
A member of the Islamic Development Bank Group, ICD is a multilateral financial institution with an authorized capital is 4 billion USD, of which 2 billion USD is available for subscription. Its shareholders comprise the Islamic Development Bank, 56 member countries, and five public financial institutions.

Since its inception in 1999, the Corporation has played a pivotal role in fostering inclusive and sustainable growth through Shariah-compliant financing, cross-border investments, and vital infrastructure development. ICD has  contributed significantly to enhancing the economic landscape of its member countries.

Website: www.ICD-ps.org

About the International Trade Finance Corporation (ITFC):
A member of the Islamic Development Bank Group, ITFC was established to promote trade among OIC member countries, contributing to their economic development and social well-being. Since commencing operations in January 2008, ITFC has provided over 83 billion USD in trade finance, becoming a leader in delivering tailored trade solutions.

The Corporation’s mission is to serve as a catalyst for trade development, helping member countries access finance and capacity building programs to enhance competitiveness and global market integration.

About the IsDB Institute:
The Islamic Development Bank Institute (IsDBI) is the knowledge beacon of the Islamic Development Bank Group. Guided by the principles of Islamic economics and finance, the IsDB Institute leads the development of innovative knowledge-based solutions to support the sustainable economic advancement of IsDB Member Countries and various Muslim communities worldwide. The IsDB Institute enables economic development through pioneering research, human capital development, and knowledge creation, dissemination, and management. The Institute leads initiatives to enable Islamic finance ecosystems, ultimately helping Member Countries achieve their development objectives. More information about the IsDB Institute is available on https://IsDBInstitute.org

About the Islamic Development Bank Group Business Forum (THIQAH):
THIQAH serves as the private sector interface of the IsDB Group, facilitating engagement and collaboration between the Group entities and businesses in member countries. Its core aim is to build an inclusive, strategic platform for dialogue, cooperation and partnerships focused on high potentials investment opportunities.

By leveraging IsDB Group resources, THIQAH offers support services  and confidence  to investors while promoting cross-border investment flows withing member countries.

Website (https://www.IDBGBF.org)

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South Africa continues to position itself as a destination of choice

Source: Government of South Africa

South Africa continues to position itself as a destination of choice

By William Baloyi 

The beauty of South Africa lies in our identity as a champion of peace, with the spirit of ubuntu serving as our defining signature to the world.

The world is once again arriving on our shores for the 6th South Africa Investment Conference (SAIC), scheduled to take place on 31 March 2026 at the Sandton Convention Centre in Johannesburg. Minister of Trade, Industry and Competition, Parks Tau, has indicated that participation from over 50 countries positions South Africa as a gateway to Africa and an attractive investment destination.

Since its inception by President Cyril Ramaphosa in 2018, this results‑driven platform has successfully mobilised approximately R1.51 trillion in investment commitments. Over R600 billion in investments has been mobilised, resulting in new factories, mines, and industrial projects that are driving job creation and economic development.

Importantly, South Africa continues to affirm its global standing through events of this scale, delivering exceptional hospitality, as demonstrated by the successful hosting of the G20 Leaders’ Summit, which earned a worldwide acclamation. SAIC will further elevate the country’s global tourism profile and provide a significant boost to the hospitality sector.

SAIC also presents an opportunity for all South Africans, from all walks of life, to showcase the country’s unique offerings. Central to this is the tourism sector, which continues to serve as a strategic driver of economic growth. South Africa’s tourism strengths remain unmatched from iconic wildlife experiences and breathtaking landscapes to vibrant cultural heritage.

This was clearly demonstrated in 2025, when South Africa recorded a historic milestone of 10.5 million international tourist arrivals, surpassing pre-pandemic levels for the first time since global travel disruptions. These figures signal a sustained recovery and the growing resilience of the tourism sector.

As tourism numbers rise, it becomes increasingly important to understand who is travelling and why, particularly as we position South Africa as a destination of choice for both travel and investment. In this context, tourism remains a cornerstone of government’s agenda to drive inclusive growth, attract investment, and create jobs.

This momentum is further supported by an increase in regional tourist arrivals, as South Africa assumes the role of interim Chairperson of the Southern African Development Community (SADC), strengthening its position as a regional hub for tourism and economic cooperation.

Government has introduced measures to simplify entry for international tourists. The online eVisa system offers a convenient and secure platform for travellers to apply through the Department of Home Affairs. This service enables direct engagement with the responsible authority, ensuring that visa applications are processed efficiently and in full compliance with legal requirements for entry into South Africa.

Government’s goal is to position South Africa as a distinctive global destination. To support this, strategic interventions have been implemented, including increasing flights to key destinations. These efforts enable tourism to contribute meaningfully to inclusive economic growth. The growth in the sector reflects a positive trajectory, placing it in a strong position to achieve the 15 million arrivals target set out in the National Development Plan.

SAIC takes place during a period when South Africans will be travelling to various destinations for the Easter holidays. Government encourages citizens to visit local cultural and heritage sites, support traditional festivals and local crafts, and explore natural landscapes and rural tourism offerings.

South Africa stands as a diverse and unique tourism destination, offering rich cultural heritage, breathtaking landscapes, and world-class experiences. Tourism is not merely about travel; it is a strategic economic sector that creates jobs, boosts GDP, supports local economies, and enhances the country’s global image, positioning South Africa as a competitive and attractive destination on the world stage.

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

Matona

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SA Investment Conference opens in Sandton, with government targeting R2 trillion in new commitments

Source: Government of South Africa

SA Investment Conference opens in Sandton, with government targeting R2 trillion in new commitments

It is a hive of activity at the Sandton Convention Centre, as delegates arrive for the long-awaited edition of the 2026 South Africa Investment Conference (SAIC).

Inside the venue, companies are exhibiting their products and services, while Cabinet Ministers, business leaders and company representatives gather ahead of the official formalities. More than 1 200 delegates are anticipated to attend the two-day gathering.

South Africa is hosting its sixth Investment Conference, the country’s flagship platform to position itself as a credible, competitive and forward-looking investment destination in a rapidly changing global economy.

Held under the theme: ‘Invest. Partner. Prosper’, the conference brings together government, global investors, development finance institutions and strategic partners to advance investment-led growth and strengthen South Africa’s role as a gateway for investment into the African continent.

The conference aligns with commitments made by President Cyril Ramaphosa during the 2026 State of the Nation Address, with government aiming to set a more ambitious investment target over the medium-term.

Structured as a comprehensive investment platform, SAIC is designed to move from reform credibility to investor confidence, and from deployable opportunities to long-term global partnerships. The approach seeks to align South Africa’s domestic development priorities with international investment interests.

Presidential spokesperson Vincent Magwenya said efforts to mobilise investment into the country are ongoing.

“We have international delegations coming to South Africa, with the recognition that South Africa is an investment destination, and that it is a place where they can do business,” Magwenya said on Tuesday.

He emphasised that investment mobilisation is a continuous process.

The 2026 conference marks a shift from high-level planning to a more focused phase of implementation, as government accelerates delivery on existing investment commitments.

Government is targeting an additional R2 trillion in investment commitments over the next five years. This builds on the first five conferences, which secured a combined R1.5 trillion in pledges, with more than R600 billion already invested in the economy.

These investments have supported the establishment of new factories, mines and industrial facilities, contributing to job creation, poverty reduction and efforts to address inequality.

Held under the framework of the “3Ds” – Digitisation, Decarbonisation and Diversification –  the conference highlights opportunities in technology, clean energy and expanded trade partnerships across the African continent.

The event also serves as the launch platform for South Africa’s Second Investment Drive and aligns with the priorities of the 7th Administration, which include inclusive economic growth, employment creation, infrastructure development and economic reform.

The conference takes place amid improved investor confidence, supported by progress in key structural reforms, such as enhanced energy reliability, infrastructure development and broader economic recovery initiatives.

Launched in 2018 by President Ramaphosa, SAIC has become a central platform for attracting both global and domestic investors to explore emerging opportunities in South Africa.

The 2026 conference occurs during a period of significantly improved investor perception. Over the last 18 to 24 months, several critical economic challenges have been addressed, most notably the improvement in the country’s energy reliability. – SAnews.gov.za

Edwin

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Deputy Minister Nonceba Mhlauli to moderate panel on Skills for the Digital and Green Economy at the South Africa Investment Conference

Source: President of South Africa –

The Deputy Minister in the Presidency, Nonceba Mhlauli, will moderate a high-level panel discussion on “Skills for the Digital and Green Economy” at the South Africa Investment Conference.

The session will explore how South Africa’s skills pipeline is emerging as a key investment enabler, with a focus on workforce development, coding education, cloud skills, and digital infrastructure. The discussion will bring together leaders from technology, investment, and employment sectors to examine how talent is being developed, matched to opportunity, and scaled to meet the demands of a rapidly evolving economy.

The panel will follow a TED-style talk that frames South Africa’s skills ecosystem as a competitive advantage for investors, highlighting the shift from a perceived skills shortage to a challenge of access and matching talent to opportunity.

Panelists include:
Nyari Samushonga, CEO of WeThinkCode_
Laura Fitoussi, Director at Prosus
Busi Khaba, Amazon Web Services
Sandile Dube, Managing Director, Equinix South Africa
Ravi Naidoo, CEO, Youth Employment Service (YES)
Event Details:

Event: South Africa Investment Conference 2026
Session: Session 19 – Skills for the Digital and Green Economy
Date: 31 March 2026
Time: 16:00 – 17:00
Venue: Sandton Convention Centre, Johannesburg
Room: Room 3

Key Discussion Themes:
Positioning South Africa’s skills pipeline as an investment asset
Expanding access to coding and digital skills development
Building cloud and digital infrastructure capabilities
Aligning workforce development with investor needs
Unlocking youth employment through scalable partnerships

Accredited Media are invited to the session.  

Media enquiries: Mandisa Mbele, MandisaM@Presidency.gov.za / 082 580 2213

Issued by: The Presidency
Pretoria
 

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Africa Mining Week (AMW) to Spotlight Investment Prospects as the Democratic Republic of Congo (DRC) Unlocks $24T Mineral Potential

Source: APO


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As the Democratic Republic of Congo (DRC) seeks partners to unlock its $24 trillion in untapped mineral resources, the upcoming African Mining Week (AMW), scheduled for October 14­–16, 2026 in Cape Town, will feature a dedicated session highlighting prospects across the country’s mining value chain.

The DRC Country Focus will convene regulators, project developers, service providers and international investors to explore investment and partnership opportunities amidst a national agenda to unlock the nearly 90% of the DRC’s geological potential that remains unexplored.

Speaking at AMW 2025, Louis Watum Kabamba, the DRC’s Minister of Mines, emphasized the country’s growing adoption of advanced digital technologies – including AI, electromagnetic surveys, geomagnetic mapping and radiometric gravity techniques – to unlock its frontier geological zones, accelerate exploration and shorten project development timelines.

“We are deploying satellite and spatial data technologies to accelerate greenfield exploration, reduce costs and lower uncertainty. We have 20 billion tons of iron ore – enough to supply steel for Africa and we seek to unlock this potential using advanced technologies,” stated Kabamba.

In February 2026, the government signed a contract with Xcalibur Smart Mapping to conduct an extensive aerial survey covering more than 700,000 km2, advancing its strategy to identify and develop new mineral prospects. Against this backdrop, the DRC Country Focus will provide an important platform for officials to update investors on the progress of the national geomapping initiative and connect international exploration and drilling companies with emerging prospects across the exploration segment.

Alongside exploration initiatives, the DRC is leveraging technology to strengthen local content development and workforce capacity within the mining sector. Through programs such as the ASGM Empowerment AXIS Program and Goldconnect, the government is deploying blockchain-enabled gold tokenization solutions and facilitating funding access for artisanal and small-scale miners (ASGM). These initiatives form part of a broader national strategy to formalize ASGM operations, expand formal employment and promote sustainable mining practices.

The AMW session comes as the DRC strengthens its local mineral beneficiation agenda through a series of global partnerships. In March 2026, the country launched a 600 kg-per-month pilot gold refinery in Kalemie, underscoring its commitment to leveraging public-private partnerships to develop downstream processing capacity. The DRC is deploying special economic zones, that will host refineries, as part of a strategy to unlock the full value of its estimated 20 billion tons of iron ore reserves and other critical minerals. The country is also leveraging U.S. investment and technical expertise to develop new and modernize existing infrastructure to boost local beneficiation of strategic minerals, as part of partnership agreements signed with the U.S. in late 2025.

These initiatives highlight the DRC’s commitment to building a competitive mining industry through international partnerships. The DRC Country Focus at AMW will build on this momentum by providing a platform for new deals, investment partnerships and strategic collaborations that can accelerate industry growth.

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

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Public attitude data are key to building resilient, competitive businesses, Afrobarometer tells private-sector leaders

Source: APO

Afrobarometer (www.Afrobarometer.org) is urging private-sector leaders and investors across Africa to integrate public attitude data into their decision making, as citizen perspectives are essential to building resilient, competitive, and future-ready enterprises.

This call came through strongly as Afrobarometer engaged business leaders, investors, policy makers, regulators, and innovators at the CEO Conclave and Investors Forum 2026 in Nairobi, Kenya. The forum, convened by the Africa Asia Middle East Chamber of Commerce (AAMECC), brought together about 100 leaders from across the business ecosystem to explore opportunities for investment, innovation, and cross-border partnerships.

At the event, Afrobarometer presented data on economic and social conditions tailored for private-sector stakeholders and highlighted the role of citizens’ lived experiences and perceptions in shaping consumer behaviour, investment climates, and business performance.

“The environments in which you operate are shaped by the expectations, frustrations, resilience, and aspirations of people,” said Felix Biga, chief operations officer for Afrobarometer. “Citizen experiences and perceptions of economic conditions, trust in institutions, access to services, and lived realities all influence market behaviour, investment climates, and ultimately business success.”

Participants echoed the value of integrating citizen-centred data into business planning.

“As Africa emerges as a significant frontier for economic growth, those who lead will be organisations prioritising insights derived from robust data, particularly citizen-centred data,” said Peter Mutinda, president of AAMECC.

“What is most important to me in business, especially when working with African partners, is starting with data, then building connections and cooperation, and only then moving into the details and country-specific specialisations,” said Pawel Zarzecki, an export manager at Bart, a health-focused manufacturer.

Eve Mischeki from the Women in Business network also underscored the relevance of the findings presented by Afrobarometer.

“As a woman in business, I see strong synergy with Afrobarometer’s data, particularly in the key priorities it highlights, which closely reflect the realities we navigate,” she said.

This engagement forms part of Afrobarometer’s broader effort to deepen collaboration with business leaders through a series of targeted dialogues aimed at increasing awareness of its data and co-creating solutions that respond to both business and societal priorities.

Distributed by APO Group on behalf of Afrobarometer.

For more information, please contact:
Daniel Iberi
Afrobarometer communications coordinator for East Africa
Telephone: +254 725 674 457
Email: diberi@afrobarometer.org

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About Afrobarometer:
Afrobarometer (AB) is a trusted source of high-quality data and analysis on what Africans are thinking. With an unmatched track record of 430,000+ interviews in 43 countries, representing the views of more than 75% of the African population, AB is leading the charge to bridge the continent’s data gap. AB data inform many global indices, such as the Ibrahim Index of African Governance, Transparency International’s Global Corruption Barometer, and the World Bank’s Worldwide Governance Indicators. The data are also used for country risk analyses and by credit rating and forecasting agencies such as the Economist Intelligence Unit. All AB data sets are publicly available on the website (www.Afrobarometer.org) and may be analysed free of charge using AB’s online data analysis tool (https://apo-opa.co/4v6rBm4).

Visit us online at www.Afrobarometer.org.

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Leah Nakazwe Kooma appointed as Chief Executive Officer (CEO) of Liquid Intelligent Technologies Zambia

Source: APO – Report:

Liquid Intelligent Technologies (http://Liquid.Tech/), a business of Cassava Technologies, a global technology leader of African heritage, is pleased to announce the appointment of Leah Nakazwe Kooma as Chief Executive Officer of Liquid Intelligent Technologies Zambia, effective 1 April 2026.

With over two decades of experience across the telecommunications, financial services, and media sectors, Leah’s appointment underscores Liquid’s strategic growth and dedication to expanding its leadership in digital infrastructure in Zambia and beyond. This move reflects our ongoing commitment to innovation and regional development.

“Leah’s leadership is pivotal at this stage for our Zambia business and the broader region. Her proven ability to deliver results will drive Liquid Zambia’s next phase of growth,” said Wellington Makamure, CEO of Sub-Saharan Africa, Cassava Technologies.

Leah began her career at Barclays Bank before joining Celtel, where she worked across multiple African markets. She joined the founding team of Vodafone Zambia in 2016, playing a key role in launching the country’s first 4G LTE network as Chief Sales and Distribution Officer. In 2017, she joined MultiChoice Zambia as the GOtv Commercial General Manager and was later appointed Chief Customer Officer, then Managing Director.

“I am very excited about joining the Liquid team. I have watched from the terraces as the business has evolved over the years, and I believe that, together with my team, we can take it to the next level. Having started my career in sales, marketing, and customer service has helped me understand what customers want and how to treat them. Over the years, I have had the privilege of working with people from different backgrounds and cultures, which has enabled me to collaborate seamlessly across diverse business environments. This experience also helped me grow into an effective communicator, whether with customers, clients, or co-workers,” explains Leah.

Leah holds a Bachelor of Arts Degree in Economics and Development Studies from the University of Zambia and a Master of Business Administration from the University of South Wales. She currently serves on several boards, including as Board Chair for the Mulungushi International Conference Centre, and is a member of the Institute of Directors and Business Professional Women International.

– on behalf of Liquid Intelligent Technologies.

About Liquid Intelligent Technologies:
Liquid Intelligent Technologies is a business of Cassava Technologies (Cassava), a technology company of African heritage with operations in 40-plus markets across Africa, the Middle East, and Latin America, where the Cassava group companies operate. Liquid has firmly established itself as the leading provider of pan-African digital infrastructure with a 110,000 km-long fibre broadband network and satellite connectivity that provides high-speed access to the Internet anywhere in Africa. Liquid is also leveraging its digital network to provide Cloud and Cyber Security solutions through strategic partnerships with leading global players. Liquid is a comprehensive technology solutions group that provides customised digital solutions to public and private sector enterprises and SMEs across the continent.

For more information, visit https://www.Liquid.Tech/.    

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