Minister welcomes growth in GDP

Source: Government of South Africa

Thursday, September 11, 2025

The Minister of Forestry, Fisheries and the Environment, Dr Dion George, has expressed satisfaction with the latest Gross Domestic Product (GDP) figures for the second quarter of 2025.

The data released by Statistics South Africa earlier this week showed a commendable 0.8% growth

The agriculture, forestry and fishing industry grew by 2.5%, contributing 0.1 percentage points to GDP, driven by increased economic activities in horticulture and animal products, reflecting the success of the Department’s sustainable agricultural and forestry initiatives.

This progress highlights the significant contributions of the Department of Forestry, Fisheries and the Environment (DFFE) to South Africa’s economic resilience. 

“The department remains steadfast in its mission to foster a green economy that supports economic growth while preserving our natural heritage.

“Through strategic interventions in environmental sectors, sustainable forest management, and fisheries governance, we are creating jobs and boosting sectors critical to our nation’s development. 

“The 1.7% growth in trade, catering and accommodation, including eco-tourism benefits, and the 0.5% rise in personal services from community initiatives, further illustrate how our conservation efforts drive inclusive economic gains,” the Minister said on Thursday.

George noted the R16.6 billion inventory buildup, with significant contributions from mining, transport, and manufacturing, as evidence of improved supply chain resilience supported by DFFE’s environmental policies. 

“As we move forward, the department will continue to champion biodiversity economy projects and climate resilience measures to sustain this positive trajectory and uplift communities across South Africa,” the Minister said.

He encouraged all stakeholders to embrace sustainable practices to ensure long-term economic and environmental prosperity. –SAnews.gov.za
 

A portrait classic, reinvented: new professional Canon 85mm lens designed for hybrid shooting

Source: APO

Canon Europe (www.Canon-Europe.com) announces the RF 85MM F1.4L VCM, a professional portrait lens that extends the Hybrid RF prime range, delivering greater reach and versatility for creative photography and filmmaking. 

Uncompromising optical quality and a flattering 85mm focal length that gently compresses facial features make the RF 85MM F1.4L VCM ideal for portraiture. Its ultra-wide f/1.4 maximum aperture ensures striking separation of the subject and background, while UD and aspheric lens elements, combined with Super Spectra and ASC coatings, achieve remarkable sharpness exactly where it matters. 

Photographers working in weddings, events, low-light and product photography will also benefit from the RF 85MM F1.4L VCM’s exceptional artistry and precision.  

Smooth and silent Voice Coil Motor (VCM) [1] AF technology provides precise focusing with minimal focus breathing. Combined with a dedicated smooth action Iris Ring [2] and a customisable Lens Control Ring and Lens Function Button, the RF 85MM F1.4L VCM equips filmmakers with a flexible and reliable tool. It shares a consistent design with Canon’s RF F1.4 hybrid primes, allowing it to be used seamlessly with the rest of the range for an efficient shooting workflow. 

At approximately half the size and weight of the RF 85mm F1.2L USM, the RF 85MM F1.4L VCM is built for shooting on the move. Its L-series construction, featuring well-placed weather seals [3] and an oil-repellent fluorine coating, provides reassurance in adverse conditions. 

With its high-performance prime lens design, fast f/1.4 aperture and hybrid features, the RF 85MM F1.4L VCM is the professional’s choice for distinctive portrait images and video.  

Key features of the RF 85MM F1.4L VCM: 

  • Classic 85mm portrait focal length for full-frame EOS R System and Cinema EOS cameras (RF mount) 
  • Bright f/1.4 maximum aperture offers creative depth-of-field control and low-light performance 
  • High image quality, with an advanced optical design featuring UD and aspheric lens elements 
  • Voice Coil Motor [1] for quiet, ultra-responsive autofocus and focus breathing suppression 
  • 11-blade circular aperture for cinematic bokeh and highlights 
  • Smooth action Iris Ring [2], Control Ring and Lens Control button for intuitive manual control 
  • Durable L-series build quality with dust/moisture resistance [3] 
  • Compact and lightweight at approximately 636g, measuring 76.5mm (W) x 99.3mm (L)  

For more information about the RF 85MM F1.4L VCM and the Canon hybrid lens range, please visit: https://apo-opa.co/4pg6CKs


  1. Important: The Voice Coil Motor in the lens emits a low-level magnetic field. While generally safe to use, we advise consulting your doctor if you have a pacemaker or any other medical device to address any concerns. When the lens is not connected to the camera or when the camera is off may cause internal noise from the lens’s components. This is normal and not a malfunction. Minor movements during transportation do not affect performance. 
  2. Various limitations apply to some cameras; we recommend installing the latest Firmware update on your camera for best performance. Even with latest Firmware update on EOS R, RP, Ra, R3, R5, R6, R6 Mark II, R7, R8, R10, R50, R100 and EOS R5C when shooting still photos, the aperture value cannot be set using the iris ring. 
  3. Lenses with dust/moisture resistance are fitted with a rubber ring on the lens mount which may cause slight abrasion of the camera mount. This in no way effects either the lens or camera performance. 

Distributed by APO Group on behalf of Canon Central and North Africa (CCNA).

Media enquiries, please contact:
Canon Central and North Africa 
Mai Youssef 
e. Mai.youssef@canon-me.com

APO Group – PR Agency 
Rania ElRafie 
e. Rania.ElRafie@apo-opa.com   

About Canon Central and North Africa: 
Canon Central and North Africa (CCNA) (www.Canon-CNA.com) is a division within Canon Middle East FZ LLC (CME), a subsidiary of Canon Europe. The formation of CCNA in 2016 was a strategic step that aimed to enhance Canon’s business within the Africa region – by strengthening Canon’s in-country presence and focus. CCNA also demonstrates Canon’s commitment to operating closer to its customers and meeting their demands in the rapidly evolving African market. 

Canon has been represented in the African continent for more than 15 years through distributors and partners that have successfully built a solid customer base in the region. CCNA ensures the provision of high quality, technologically advanced products that meet the requirements of Africa’s rapidly evolving marketplace. With over 100 employees, CCNA manages sales and marketing activities across 44 countries in Africa.  

Canon’s corporate philosophy is Kyosei (https://apo-opa.co/3HWg2ds)– ‘living and working together for the common good’. CCNA pursues sustainable business growth, focusing on reducing its own environmental impact and supporting customers to reduce theirs using Canon’s products, solutions and services. At Canon, we are pioneers, constantly redefining the world of imaging for the greater good. Through our technology and our spirit of innovation, we push the bounds of what is possible – helping us to see our world in ways we never have before. We help bring creativity to life, one image at a time. Because when we can see our world, we can transform it for the better. 

For more information: www.Canon-CNA.com 

Media files

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Afreximbank and Shelter Afrique Development Bank (ShafDB) Forge Strategic Partnership to Unlock US$1 billion in investments

Source: APO


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African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and Shelter Afrique Development Bank (ShafDB) have signed a Joint Project Preparation Facility (JPPF) Framework Agreement to unlock a cumulative investment value of at least US$1 billion and  set to significantly transform housing and urban development across the continent and boost trade and investment.

Signed on the sidelines of the ongoing fourth Intra-African Trade Fair (IATF2025) by Ms. Oluranti Doherty, Managing Director, Export Development Afreximbank, and Mr. Thierno-Habib Hann, Managing Director and CEO, ShafDB, the agreement aims to provide early-stage project preparation financing, propelling projects from concept to bankability efficiently and effectively.

The JPPF will primarily support priority sectors including building and construction, housing, healthcare, hospitality and tourism, industrial, manufacturing of building materials, commercial and residential infrastructure, and logistical platforms such as industrial zones and special economic zones.

In addition to financing, the JPPF also incorporates a robust capacity-building programme aimed at enhancing the project preparation skills of ShafDB staff,  empowering them with essential skills to develop bankable and impactful projects.

Commenting on the partnership, Ms. Doherty, stated:

“We are thrilled to collaborate with Shelter Afrique Development Bank to accelerate sustainable urban development across Africa. This partnership aligns with our shared vision of promoting economic growth and enhancing the quality of projects on the continent. By combining ShafDB’s expertise in housing and urban development and Afreximbank’s extensive experience in project preparation, we are poised to unlock new opportunities and deliver transformative projects in critical sectors that will amongst other benefits establish economic hubs and platforms that will promote trade and tradeable services. The JPPF will act as a catalyst for private sector investment, leading to substantial socio-economic development across the continent. Furthermore, our capacity-building programme will equip ShafDB staff with essential project preparation skills, ensuring sustainable project pipelines in the years to come.”

Commenting on the signing, Mr. Thierno-Habib Hann, Managing Director, ShafDB said:

“Our sector faces two major structural challenges: the lack of reliable data and the insufficient preparation of projects. At ShafDB, we have already taken bold steps to address the first challenge through our VIRAL model — a data-driven framework designed to provide actionable insights and support evidence-based decision-making in housing and urban development. Today, we are proud to tackle the second challenge through this strategic partnership with Afreximbank. The Joint Project Preparation Facility will enable us to move projects from concept to bankability with speed and precision, unlocking over US$1 billion in investments. This is a transformative step toward building resilient, inclusive, and sustainable cities across Africa.”

Both Afreximbank and ShafDB are members of the Alliance of African Multilateral Financial Institutions (AAMFI), underscoring their commitment to collaboration and innovation in fostering economic development and growth across the continent.

IATF2025, which is being held from 4 to 10 September, is projected to result in the conclusion of trade and investment deals valued at over US$44 billion.

Distributed by APO Group on behalf of Afreximbank.

Media contact:
Intra-African Trade Fair
media@intrafricatradefair.com
press@afreximbank.com

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

Follow Afreximbank on:
X – https://apo-opa.co/4no3oTg
Facebook – https://apo-opa.co/41MsYsY
LinkedIn – https://apo-opa.co/3IbQOb0
Instagram – https://apo-opa.co/4nq7xGj

About the Intra-African Trade Fair:
Organised by African Export-Import Bank (Afreximbank), African Union Commission (AUC) and African Continental Free Trade Area (AfCFTA) Secretariat, the Intra-African Trade Fair (IATF) is intended to provide a unique platform for facilitating trade and investment information exchange in support of increased intra-African trade and investment, especially in the context of implementing the African Continental Free Trade Agreement (AfCFTA). IATF brings together continental and global players to showcase and exhibit their goods and services and to explore business and investment opportunities in the continent. It also provides a platform to share trade, investment and market information with stakeholders and allows participants to discuss and identify solutions to the challenges confronting intra-African trade and investment. In addition to African participants, the Trade Fair is also open to businesses and investors from non-African countries interested in doing business in Africa and in supporting the continent’s transformation through industrialisation and export development.

About Afreximbank:
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade. For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. Working with the AfCFTA Secretariat and the AU, the Bank has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank’s total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt.

For more information, visit: www.Afreximbank.com

About Shelter Afrique Development Bank (ShafDB):
Established in 1981 in Lusaka, Zambia, Shelter Afrique Development Bank (ShafDB) is a Pan-African Multilateral Development Bank (MDB) dedicated to promoting and financing sustainable green housing, urban development and related infrastructure. It operates through a shareholding of 44 African governments and two institutional shareholders: African Development Bank (AfDB) and African Reinsurance Corporation (Africa-Re).

The institution is involved in financing housing and related infrastructure across the value chain, both on the demand and supply sides, through its four (4) business lines: Financial Institutions Group (FIG), the Project Finance Group (PFG), the Sovereign and Public-Private partnerships (PPP) Group, and the Fund Management Group (FMG).

Basketball Africa League and Afreximbank expand multi-year collaboration to Empower young professionals in Africa

Source: APO

The Basketball Africa League (BAL) (www.BAL.NBA.com) and African Export-Import Bank (Afreximbank), a leading pan-African multilateral financial institution dedicated to financing and promoting intra- and extra-African trade, on Saturday announced an expansion of their multi-year collaboration to launch a series of initiatives to empower young basketball professionals in Africa by improving their capabilities in finance and supporting the continent’s creative industries.

The expanded collaboration was announced at the ongoing fourth Intra-African Trade Fair (IATF2025) in Algeria by BAL President Amadou Gallo Fall and Mrs. Kanayo Awani, Executive Vice President, Intra-African Trade and Export Development at Afreximbank, during a signing ceremony held as part of Afreximbank’s ongoing Creative Africa Nexus (CANEX) taking place as part of IATF2025.

With the expansion, Afreximbank will build on its existing support for BAL Advance – the league’s program to strengthen financial literacy and leadership skills among BAL players and coaches – by introducing “BAL Advance: Next Play” during the league’s sixth season tipping off in 2026.  Through targeted business workshops and strategic networking opportunities, the new initiative will help BAL players and coaches develop their entrepreneurial skills and leverage their unique perspectives to drive innovation and growth across Africa’s sports ecosystem.

For the first time, Afreximbank will also support the development of emerging professionals in the sports industry through BAL Future Pros, the league’s year-round program to equip early-career talent across Africa with the skills, experience and networks to build successful careers.  Online applications for the program will open later in September on the NBA Careers (https://careers.NBA.com/) and BAL (https://BAL.NBA.com/) websites.  The selected participants will be integrated into various BAL departments by the end of the year.

Following the signing ceremony, Fall and Mr. Temwa Gondwe, Afreximbank Director, Creatives and Diaspora, participated in a thought leadership discussion and masterclass on the business of sport hosted by 2011 NBA champion and BAL Ambassador Ian Mahinmi.  The BAL and Afreximbank also held a BAL4Her camp for 20 U-23 female athletes from the local community at Staouéli Court in Algiers from Sept. 5-6.

“Our longstanding collaboration with Afreximbank is part of our commitment to using basketball as an economic growth engine and the BAL as a platform to develop and showcase African excellence,” said Fall.  “We look forward to continuing to work with Afreximbank in our efforts to further grow the African basketball ecosystem and the continent’s broader sports industry.”

Commenting on the expanded collaboration, Mrs. Awani highlighted the important contribution the BAL is making in advancing the African creatives sector.

“Afreximbank is committed to supporting the BAL’s premier networking and thought-leadership events, including the league’s annual Innovation Summit,” said Mrs. Awani.  “We will also support the launch of a new content series celebrating African fashion designers in sports that is set to debut soon.”

Distributed by APO Group on behalf of Basketball Africa League (BAL).

Contacts:
Marie-Pierre Anamba Onana
BAL PR Manager
manamba@thebal.com

Vincent Musumba
Afreximbank Communications and Events Manager (Media Relations)
press@afreximbank.com

About the BAL:
The Basketball Africa League (BAL), a partnership between the International Basketball Federation (FIBA) and NBA Africa, is a professional league featuring 12 club teams from across Africa that concluded its fifth season in June 2025.  Headquartered in Dakar, Senegal, the BAL builds on the foundation of club competitions FIBA Africa has organized across the continent and marks the NBA’s first collaboration to operate a league outside North America.  Fans can follow the BAL (@ theBAL) on Facebook (https://apo-opa.co/4mUxsGh), Instagram (https://apo-opa.co/3V8k4lZ), Threads (https://apo-opa.co/4m9dOFm), X (https://apo-opa.co/4piUng2), and YouTube (https://apo-opa.co/42g5uww) and register their interest in receiving more information at www.BAL.NBA.com.

About Afreximbank:
African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra- and extra-African trade.  For over 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialisation and intra-regional trade, thereby boosting economic expansion in Africa.  A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA.  Working with the AfCFTA Secretariat and the AU, the Bank has set up a $10 billion Adjustment Fund to support countries effectively participating in the AfCFTA.  

At the end of December 2024, Afreximbank’s total assets and contingencies stood at over $40.1 billion, and its shareholder funds amounted to $7.2 billion.  Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-).  Afreximbank has evolved into a group entity comprising the Bank, its equity impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”).  The Bank is headquartered in Cairo, Egypt. 

For more information, visit: www.Afreximbank.com

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New Islamic Microfinance Toolkits Launched to Advance Financial Inclusion in Islamic Development Bank (IsDB) Member Countries

Source: APO – Report:

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) and the IsDB Global Practice & Partnership (GPP) Directorate, through its Cooperation and Capacity Development Department (CCD), have officially launched a five-volume series of Islamic Microfinance Toolkits, aimed at strengthening inclusive financial ecosystems across IsDB Member Countries.

The toolkits offer a comprehensive and practical roadmap for establishing, operating, monitoring, and regulating Islamic microfinance institutions.

Developed through extensive research, field experience, inter-departmental collaboration, and stakeholder consultations, the revamped toolkits aim to assist policymakers, regulators, and practitioners in unlocking the full potential of Islamic microfinance to combat poverty, foster entrepreneurship, and promote sustainable development.

In his comments, Dr. Sami Al-Suwailem, Director General of IsDBI, stated: “Islamic microfinance, grounded in principles of fairness and risk-sharing, is a vital tool to enable the poor to participate in economic activity with dignity and purpose. These toolkits provide concrete steps for stakeholders to build inclusive financial systems that reflect both the spirit and substance of Islamic finance.”

Dr. Issa Faye, Director General of GPP, added: “This joint initiative reflects our collective commitment to support member countries in strengthening their financial inclusion strategies. By providing technical guidance and practical models, we aim to empower institutions to design scalable, context-sensitive Islamic microfinance solutions, I would like to sincerely commend both the current team behind these toolkits and the previous colleagues from various business units who contributed to their development.”

An overview of the five books in the series is as follows:

  1. Book 1 – Concepts, Business Models & Products: Introduces Islamic microfinance principles, business models, and product structures.
  2. Book 2 – Establishing a Shari’ah-Compliant Entity: Offers guidance on strategic planning, governance, financial feasibility, and Shari’ah compliance.
  3. Book 3 – Integrating Islamic Finance into Agricultural Value Chains: Focuses on financing agricultural value chains using Islamic financial instruments and case studies.
  4. Book 4 – Monitoring and Evaluation Performance and Outcomes: Provides frameworks and indicators for financial, social, and Shari’ah performance.
  5. Book 5 – Regulations and Supervisory Guidelines: Islamic Microfinance Regulations and Supervisory Guidelines: Presents a model regulatory framework covering governance, licensing, risk management, and Shari’ah oversight.

The toolkits are now available on the IsDB Institute’s website here:

Islamic Microfinance Toolkit books 1-5

– on behalf of Islamic Development Bank Institute (IsDBI).

Social media handles:
X (Twitter): https://apo-opa.co/41KYZlb
Facebook:  https://apo-opa.co/4mQLkkY
LinkedIn:  https://apo-opa.co/47x1Bqx

About the Islamic Development Bank 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

Media files

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United Nations Development Programme (UNDP), Islamic Development Bank Institute (IsDBI) and Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) Collaborate to Promote Islamic Finance Capacity Building Activities in Afghanistan

Source: APO – Report:

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The United Nations Development Programme (UNDP) Istanbul International Centre for Private Sector in Development (ICPSD), the Islamic Development Bank Institute (IsDBI) (https://ISDBInstitute.org/), and the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) are deepening their partnership through the Global Islamic Finance and Impact Investing Platform (GIFIIP) to enhance capacity building in Afghanistan’s financial sector.

Established by UNDP ICPSD and IsDB in 2016, GIFIIP is a joint initiative that positions Islamic finance and impact investing as enablers of the Sustainable Development Goals (SDGs), convening public and private actors to mobilize capital and scale market-based solutions. It develops knowledge products, facilitates deal sourcing and matchmaking, and supports policy and standards to expand inclusive, sustainable finance.

This collaboration focuses on adapting international standards and supporting professional training to foster a more resilient and sustainable financial system. GIFIIP’s collaboration with AAOIFI, initiated in 2024, has already delivered impactful programs in 2024 and 2025.

More than 120 participants—including representatives from the Central Bank of Afghanistan (Da Afghanistan Bank), banks, and microfinance institutions—have enrolled in AAOIFI’s flagship certification programs such as the Certified Shari’ah Advisor & Auditor (CSAA), Certified Islamic Professional Accountant (CIPA), Certificate of Proficiency in Shari’ah Standards (CPSS), and Certificate of Proficiency in Financial Accounting Standards (CPFAS). These certifications are equipping Afghanistan’s financial sector with qualified professionals in Shari’ah compliance and financial reporting, ensuring alignment with global best practices.

In addition to certification programs, the partnership has delivered a series of targeted workshops and events designed to strengthen professional expertise:

  1. Ethics for Islamic Finance Professionals (EIFP) Workshop – 23 July 2024, Kabul 
  2. Public Hearing on the Exposure Draft of Shari’ah Governance Standard: Governance and Management of Investment Accounts – 23 July 2024, Kabul
  3. CIPA Training/Revision Classes – 24–30 November 2024 (7 days)
  4. CIPA Training/Revision Classes – 12–20 June 2025 (9 days)
  5. Training/Revision Classes for CSAA, CPSS, CPFAS – 19–28 August 2025 (7 days)

These initiatives highlight the tangible results achieved through Islamic finance certification and professional development, aimed at broadening institutional capacity, strengthening cross-border financial cooperation, and creating an enabling environment for investment.

The UNDP, IsDBI, and AAOIFI collaboration underscores the transformative potential of Islamic finance in advancing sustainable development, particularly in fragile contexts such as Afghanistan. Together, these efforts are laying the groundwork for a stronger, more inclusive financial sector that supports long-term growth and resilience.

– on behalf of Islamic Development Bank Institute (IsDBI).

Social media handles:
X (Twitter): https://apo-opa.co/4noVIAg
Facebook:  https://apo-opa.co/4niCGvo
LinkedIn:  https://apo-opa.co/3KeBBXa

About the Islamic Development Bank 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/

President Ramaphosa to lead meeting with North West Provincial Executive

Source: President of South Africa –

President Cyril Ramaphosa will on Friday, 12 September 2025, lead an engagement between the National Executive and the Provincial Executive of North West.

The President will meet with the Premier of North West, Mr Lazarus Mokgosi and the Provincial Government Executive.

The Joint National and North West Provincial Executive engagement which will be held under the theme “A Nation that Works for All”, forms part of a series of engagements between the President and provinces aimed at enhancing intergovernmental coordination and improve service delivery in line with the priorities of the 7th Administration.

The meeting will be the seventh engagement between the National Executive and Provinces following interactions between the President and the Provincial Governments of KwaZulu-Natal, Limpopo, Mpumalanga, Gauteng, Eastern Cape and Northern Cape.

The meeting will discuss various approaches to service delivery issues including interventions to improve service delivery at local government level.

The Provincial Executive Committee is expected to present the recently adopted Growth and Development Strategy which is aimed at addressing challenges of unemployment and poverty in the province.

The provincial leadership will also present its Accelerated Service Delivery initiative, Thuntsha Lerole, which aims to assist municipalities address various service delivery challenges impacting their administrative and developmental trajectory. 

President Ramaphosa will be accompanied by Ministers and Deputy Ministers and senior government officials.

Media will be able to cover the President’s opening address.

Accredited members of the media are invited as follows:
Joint Government Meeting
Date: Friday, 12 September 2025 
Time: 11h00 (media to arrive from 10h00)
Venue: Municipal Chambers of the Rustenburg Civic Centre, North West Province

Media enquiries: Vincent Magwenya, Spokesperson to President Ramaphosa, on media@presidency.gov.za OR Sello Tatai, Spokesperson to the Premier of North West Province, Mr Lazarus Kagiso Mokgosi on 082 450 7842

Issued by: The Presidency
Pretoria
 

ARISE Integrated Industrial Platforms (ARISE IIP) completes one of the largest private infrastructure transactions in Africa and welcomes Vision Invest as a new shareholder

Source: APO

ARISE Integrated Industrial Platforms (ARISE IIP), a pan-African developer and operator of integrated industrial zones, is pleased to announce the successful completion of a landmark USD 700 million capital raise, welcoming Vision Invest, a leading Saudi Arabian infrastructure investor and developer, into its shareholder base.

This transaction marks one of the largest private infrastructure capital raises in Africa to date, with both primary and secondary components. The capital will support ARISE IIP’s continued expansion across the continent and the development of green, inclusive, and sustainable industrial ecosystems.

The institutional shareholder base of ARISE IIP comprises the founding shareholders Africa Finance Corporation (AFC) and Equitane, along with the Fund for Export Development in Africa (FEDA), the development impact platform of Afreximbank, and, with this transaction, Vision Invest the newest shareholder.

Founded in 2010 with operations in Gabon, ARISE IIP has expanded to more than 14 countries across Africa, deploying nearly USD 2 billion in infrastructure and enabling over 50,000 jobs. The platform focuses on creating local value through the transformation of raw materials and import substitution.

ARISE has always believed in Africa’s promise and the talent driving its growth. The partnership with Vision Invest and the continued support of our institutional shareholders will help us build resilient, self-sustaining industrial ecosystems that deliver long-term value,” said Gagan Gupta, Founder and CEO of ARISE IIP, highlighting the strategic significance of the new investment.

Commenting on the transaction, Samaila Zubairu, President & CEO of Africa Finance Corporation and Chairman of ARISE IIP, emphasized the alignment between capital and continental development goals: “ARISE IIP has demonstrated what is possible when global capital aligns with Africa’s ambitions. We are proud to deepen our partnership and support ARISE IIP as it scales industrial transformation across the continent.

In support of the milestone, Professor Benedict Oramah GCON President and Chairman of the Board of Directors of Afreximbank, shared his congratulations, stating: “Afreximbank congratulates Arise IIP management on this landmark deal. With this capital increase, Arise IIP will become an even stronger partner of Afreximbank in the drive to promote export manufacturing and industrialization in Africa.”

Echoing this optimism, Marlene Ngoyi, CEO of FEDA, added: “We are pleased to reaffirm our commitment to ARISE IIP by participating in this historic capital raise. ARISE IIP exemplifies the kind of platform that drives sustainable growth and regional integration across Africa.

From Vision Invest, Mohammad A. Abunayyan, Chairman of Vision Invest, reflected on the alignment of values: “This marks our first direct investment in Africa and a natural extension of our values and impact investment philosophy, which centres on the socio-economic development of the communities in which we invest. We are proud to partner with AFC, FEDA, and Equitane to support economic diversification and local development.

Building on this, Omar N. Al-Midani, President and CEO of Vision Invest, concluded: “ARISE IIP represents the ideal platform for Vision Invest’s entry into Africa, combining world-class execution, an institutional shareholder base, and an operating model that focuses on in-country beneficiation. We look forward to building long-term value together.

Standard Chartered Bank and Norton Rose Fulbright acted as exclusive advisors to ARISE IIP. EFG Hermes and Linklaters advised Vision Invest.

This announcement underscores the continued confidence of global and regional institutions in ARISE IIP’s ability to deliver infrastructure that drives industrialisation, enhances local value chains, and creates shared prosperity across the continent.

Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

Contact details:
Audrey Mebaley

Global Head of communications – Arise IIP
audrey.mebaley@arisenet.com 

Suha Matar
VP, Corporate Communication – Vision Invest
s.matar@visioninvest.com

About ARISE IIP:
ARISE Integrated Industrial Platforms (ARISE IIP) is a Dubai-headquartered pan-African infrastructure developer and operator driving the creation of sustainable industrial ecosystems. Active in more than 14 countries, ARISE IIP designs, finances, builds, and operates bespoke industrial zones that strengthen local value chains, promote exports, and generate long-term employment.

About the Fund for Export Development in Africa (FEDA):
The Fund for Export Development in Africa (“FEDA”)
is a $1 billion multi-investment platform and the impact investment subsidiary of Afreximbank. It was set up to provide equity, quasi-equity, and private credit capital to finance the multi-billion-dollar funding gap (particularly in equity) needed to transform the trade sector in Africa.

FEDA pursues a multi-sector investment strategy along the intra-African trade, value-added export development, and manufacturing value chain, which includes financial services, technology, manufacturing, transport & logistics, agribusiness, creative industry as well as ancillary trade enabling infrastructure such as industrial parks.

About Africa Finance Corporation (AFC):
Africa Finance Corporation (AFC)
was established in 2007 to be the catalyst for pragmatic infrastructure and industrial investments across Africa. With 45 member countries and over US$15 billion invested in 36 countries, AFC is a trusted partner delivering high-quality infrastructure assets in sectors such as power, transport, telecoms, natural resources, and heavy industry.

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About Vision Invest:
Vision Invest
is a leading Saudi Arabian infrastructure investment and development company at the forefront of public and private sector partnerships in the Kingdom of Saudi Arabia, and beyond. Contributing to sustainable economic development and growth, the company operates across a wide range of vital sectors, including energy transition, advanced digital infrastructure, resource recovery and preservation, transport and logistics, and health and social infrastructure. Its portfolio footprint spans four continents, including Asia, Africa, Australia, and South America with more than US$ 95 billion in assets under management.

Media files

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SANDF confirms payment to DRC-deployed soldiers

Source: Government of South Africa

The South African National Defence Force (SANDF) has assured its members, their families, and the public that all operational allowances owed to personnel deployed to the Southern African Development Community Mission in the Republic of the Congo (SAMIDRC) have been paid and deposited directly into their individual bank accounts.

These developments follow reports that soldiers have expressed frustration with senior military leadership over a pay dispute, claiming they are each owed at least R600 000.

According to one aggrieved soldier interviewed by the Sunday Times, he and his colleagues expected to be paid R100 000 per month for their 15-month deployment as part of the SADC force in eastern DRC but instead received only R58 000.

However, the SANDF said its Chief of Human Resources is currently conducting an internal investigation to address and resolve any specific concerns related to the allowances.

“This process is intended to ensure accuracy, transparency, and the prompt resolution of any discrepancies that may be identified.  

“The SANDF remains committed to the fair and timely payment of all entitlements to its members and values the continued dedication and service of its personnel,” the SANDF said in a statement.

In June this year, the Minister of Defence and Military Veterans, Angie Motshekga, welcomed the return of 249 South African troops who had been deployed to the eastern DRC as part of the SAMIDRC.

The first group of the SANDF heroes and heroines arrived at the Air Force Base Waterkloof in Pretoria from Tanzania, following South Africa’s phased withdrawal from the regional peacekeeping mission.

Earlier this year, 14 troop members lost their lives and others sustained injuries during clashes with the M23 rebel group, as fighting in the Goma region escalated.

The rebel group fought intensely against the Congolese armed forces, resulting in the deaths of soldiers from 23 to 27 January 2025 during M23’s advance on Sake and Goma.

The South African soldiers were part of the SAMIDRC, which aims to help restore peace, security, and stability in Africa’s second-largest country.

The force said members who still have personal queries regarding their allowances are encouraged to contact the SANDF allowances query hotline on 012 355 6321 during working hours, alternatively 078 098 7651, or send an email to allowance.queries@dod.mil.za for assistance. – SAnews.gov.za

2027 Nigerian poll could trigger unrest unless electoral commission is fixed

Source: The Conversation – Africa – By Onyedikachi Madueke, Teaching Assistant, University of Aberdeen

Political activities heralding Nigeria’s 2027 general elections are beginning to pick up.

Politicians are limbering up, alliances are being whispered about, political war chests are being filled, and campaign narratives are being sharpened.

The country’s rapidly growing social mobilisation (online and offline) places great demands on the electoral system. Especially the referee – the Independent National Electoral Commission.

If it can’t deliver credible polls, the country risks sliding into political unrest.

In 2022, a new Electoral Act handed the commission new powers, legalised the use of election technology, and guaranteed its funding a year ahead of the polls.

But there were still reports of irregularities.

Flawed elections do more than produce disputed winners – they deepen cynicism, depress turnout, and risk violence.

Nigeria’s example matters. It’s Africa’s largest democracy. Its electoral standards influence the region. If 2027 repeats 2023’s failures, other west African leaders might feel they can treat election commissions as political tools.

My recently published research examined the factors constraining Nigeria’s electoral commission from conducting credible elections and safeguarding electoral integrity, using the 2023 polls as a case study.

The study identified four issues undermining the commission’s effectiveness: eroded autonomy, corruption, weak adherence to its own rules, and compromised personnel recruitment.

The commission needs legal reinforcement to shield it from state capture, improve its technological capacity, deepen civic engagement and accountability, and safeguard electoral integrity.

Why the commission struggles to deliver credible polls

For my study I interviewed senior electoral commission staff, representatives of political parties (the All Progressives Congress, People’s Democratic Party and Labour Party) and other political stakeholders. I also drew on materials from the commission’s website, relevant online sources, news reports, social media content, and official documents.

Some of the key issues identified include:

1.) Independence

On paper, the electoral commission is financially independent. But the real power lies in leadership appointments, which remain in the hands of the president, subject to Senate confirmation.

In practice, appointees are often politically connected, sometimes openly partisan. Civil society groups flagged these risks ahead of 2023, but partisan nominees still took up sensitive electoral posts.

This matters because leadership shapes decisions. The commission’s abandonment of real-time result uploads in the 2023 presidential poll – a core promise – fuelled suspicions of political influence.

2.) Corruption

Politicians and insiders alike admit that electoral officials, especially temporary staff, are routinely offered and often accept cash inducements. The euphemism is “sachet water” money. The impact is serious: turning a blind eye to vote buying, altering result sheets, or simply ensuring “friendly” polling officers are assigned to strategic locations.

The 2023 polls brought fresh allegations: from officials charging voters to collect their voter cards, to attempted bribes for changing the result figures.

3.) Technology

The biggest promise of 2023 was about technology. The biometric voter accreditation system and result viewing portal were designed to stop the familiar rigging playbook: stuffing ballot boxes, falsifying tallies, and “doctoring” results. The commission told voters that presidential results would be uploaded in real time. It didn’t happen.

On election day, the commission blamed “technical glitches” for the failure to upload presidential results. Oddly, the same system worked fine for National Assembly results cast the same day. Investigative journalists later uncovered glaring discrepancies between polling-unit figures and the results published on the portal.

Many believe abandoning the result viewing portal technology made it easier for the result of the 2023 presidential poll to be manipulated. This wasn’t just a technical hiccup; it was a breach of legal guidelines and public trust.

4.) Workforce

The electoral commission’s permanent staff is small; for a nationwide election, it leans on over a million ad hoc recruits. The recruitment process is vulnerable to political interference.

Training is inconsistent, with little formal induction for new permanent staff and ad hoc workers alike. As experienced staff retire without structured knowledge transfer, institutional memory weakens. Add in the temptation of bribes, and you have a workforce prone to both errors and manipulation.

Four reforms for a credible 2027 poll

If Nigeria is serious about credible polls, reform of the electoral commission must start now. Four priorities stand out:

1.) Merit-based leadership and staff recruitment: Remove the president’s sole power to appoint the commission’s top leadership. A multi-stakeholder panel should vet and nominate candidates. The commission must have a standing professional electoral service corps (career election officers) to replace the heavy reliance on temporary workers.

2.) Improve technology and enforce rule compliance: The commission needs a stronger ICT infrastructure, redundancy systems, and independent audits of its electoral technology. Publishing results promptly at the polling unit level (and protecting them from tampering) is critical. Update and integrate the voter register with biometric and national ID systems.

3.) Legal and dispute resolution: Pre-election litigation timelines should be tightened so that disputes over candidacy, party primaries and voter registration are settled well before election day. Post-election adjudication must also be concluded prior to inauguration.

Stricter penalties are necessary to end the culture of impunity surrounding electoral offences. Swift trials, stiff sanctions, and disqualification of political actors who benefit from malpractice should be enforced.

4.) Civic engagement and accountability: The commission must educate voters, particularly on issues such as vote buying, technology, and citizens’ rights.

Civil society observers, media and civic tech groups should get open access and be treated as partners.

Accountability reports before, during and after elections are essential to rebuild public trust and confidence in the electoral process.

Conclusion

The race for 2027 is already on, but the real contest isn’t between the parties or personalities. It’s between a compromised electoral institution and the reforms needed to make it worthy of public trust.

Nigeria needs to fix the electoral commission’s independence, root out its corruption, enforce its rules, and professionalise its workforce.

– 2027 Nigerian poll could trigger unrest unless electoral commission is fixed
– https://theconversation.com/2027-nigerian-poll-could-trigger-unrest-unless-electoral-commission-is-fixed-263974