New Development Bank appoints Monale Ratsoma as vice-president

Source: Government of South Africa

New Development Bank appoints Monale Ratsoma as vice-president

The Board of Governors of the New Development Bank has appointed Monale Ratsoma as the bank’s vice-president from South Africa, effective 8 July 2026.

In his new role, Ratsoma will be responsible for risk management, corporate strategy, policies, partnerships and enforcing environmental, social and governance standards.

“Ratsoma is a distinguished executive leader and international financial strategist with over two decades of experience at the intersection of international development, economic policy formulation, macroeconomic analysis, sovereign and private sector finance, and global capital markets,” the National Treasury said on Wednesday.

He has taken up the position of vice-president and chief risk officer.

Ratsoma previously served as the New Development Bank’s vice-president and chief financial officer from 8 July 2024 to 7 July 2026. In that role, he provided executive oversight of the bank’s multicurrency funding strategy across key capital markets, including the Euro Medium Term Note, Panda Bonds and South African rand funding programmes, as well as financial statement preparation and reporting.

He was also director-general at the New Development Bank’s Africa Regional Centre from 2018 to 2024, where he established the bank’s first regional office to finance African operations.

Before joining the New Development Bank, Ratsoma served at South Africa’s National Treasury from 2011 to 2018, where he held various roles, including deputy director-general for economic policy.

In this role, he led macroeconomic modelling and econometric forecasting, as well as microeconomic reforms for South Africa, among other responsibilities.

He also served as acting deputy director-general for international and regional economic policy, where he negotiated landmark agreements, including African Union financing reforms, and coordinated programmes with multilateral development banks and international organisations. He also led participation in the Group of 20, Brazil, Russia, India, China and South Africa bloc, Southern African Development Community and Southern African Customs Union.

Ratsoma was also chief director for debt issuance and liability management, where he managed South Africa’s sovereign debt portfolio.

He has also served in key governance roles, including as an alternate director at the New Development Bank and a non-executive director at the Trans-Caledon Tunnel Authority and the Corporation for Public Deposits. He was also acting chief executive officer and chief economist at Thebe Stockbroking.

Ratsoma holds a master’s degree in development economics from the University of Johannesburg, as well as an honours degree and a Bachelor of Commerce in economics from the University of the Western Cape. His qualifications are complemented by executive training from the Gordon Institute of Business Science and other international institutions. –SAnews.gov.za

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Keynote address Deputy Minister Nonceba Mhlauli on the occasion of the Nelson Mandela Day Student Leadership Dialogue and Student Services Expo, Eastcape Midlands TVET College

Source: President of South Africa –

Programme Directors,
The Principal and Management of Eastcape Midlands TVET College led by Mr Charl Van Heerden;
The Acting Mayor, Councillor Nkwentsha, MMC for Local Economic Development;
Chief Whip of the Makhanda, Councillor Hoyi;
Dean of the Diocese, Reverend Dyantyi from the Anglican Church of Southern Africa;
Deputy Chairperson of the NYDA, Bonga Makhanya;
Representatives from the Department of Higher Education and Training;
Representatives from government departments and partner organisations;
Representatives of SAFETSA;
Members of the Student Representative Council as led by the Institutional SRC President Ms Chioma Tshonti;
And most importantly the STUDENTS OF EAST-CAPE MIDLANDS MAKHANDA CAMPUS;
Good morning.

It is a great honour to join you today as we gather to commemorate Nelson Mandela Day through this Student Leadership Dialogue and Student Services Expo.

Allow me to begin by expressing my sincere appreciation to Eastcape Midlands TVET College and the Department of Higher Education and Training for bringing us together for what I believe is not only a meaningful conversation, but an important investment in South Africa’s future.

Today, I stand before a hall filled with possibility. I do not simply see students, I see the future. I see future artisans who will build our infrastructure. I see future entrepreneurs who will create jobs. I see future educators who will inspire generations, innovators, public servants, and community leaders.

Most importantly, I see young South Africans who have chosen to invest in themselves because they believe that a better life is possible. That, in itself, is leadership.

As we prepare to commemorate Nelson Mandela Day on the 18th of July, we are reminded that Madiba dedicated his life to the service of others. His life was never about titles or positions. It was about purpose. It was about ensuring that every South African, regardless of race, gender or background, had the opportunity to live with dignity and hope.

For many people, Nelson Mandela is remembered as our first democratically elected President. Others remember him as a global icon of peace and reconciliation. 

But today, I would like us to remember him differently. I would like us to remember him as someone who believed in people. He believed in the potential of young people. He believed in the transformative power of education. He believed that leadership should always be guided by humility, compassion, and service. Those values remain just as relevant today as they were during his lifetime.

Student Leadership in the Spirit of Madiba
Ladies and gentlemen,

The theme of today’s dialogue is student leadership, and I cannot think of a more fitting way to honour Nelson Mandela’s legacy. When people speak about leadership, they often focus on positions of authority. They think about presidents, ministers, CEOs, or principals.

But leadership does not begin when someone gives you a title. Leadership begins with the choices you make every single day. It begins with how you treat the people around you. It begins with how you respond when faced with challenges. It begins with whether you choose to lift others up or leave them behind.

For those of you serving in Student Representative Councils, class committees, and student organisations, I want to remind you that leadership is not about being the most popular person on campus. It is about earning the trust of those you represent. It is about ensuring that every student feels heard, respected and valued.

Leadership is not measured by how many people know your name. It is measured by how many lives are better because you chose to serve. Madiba understood this better than anyone.

Even after spending 27 years in prison, he emerged with a heart committed to reconciliation instead of revenge. He chose unity over division and dialogue over conflict. He understood that true leaders do not ask, “What can people do for me?” They ask, “What can I do for my people?”

That is the kind of leadership South Africa needs today.

The Future is Not Tomorrow – The Future is Now
Ladies and gentlemen 

We often hear the phrase, “You are the leaders of tomorrow.” While I understand the sentiment behind those words, I would like to challenge that thinking. Yes, you are the leaders of tomorrow. But you are also the leaders of today. The decisions you make now are already shaping our country’s future.

Every assignment you complete with integrity, every innovative idea you develop, every community project you participate in, and every fellow student you encourage contributes to building the South Africa we all want. 

Our institutions of higher learning are more than places where qualifications are earned. They are spaces where values are shaped and where confidence is built. They are spaces where future leaders discover who they are and what they stand for.

Some of South Africa’s greatest leaders first discovered their passion for justice while they were students. They learnt to organise. They learnt to listen. They learnt to debate respectfully. They learnt that leadership requires courage, discipline, and accountability. Today, you have the same opportunity. Do not underestimate the significance of where you are. 

The lessons you learn here will influence the kind of leaders you become tomorrow. And our country needs leaders who are not only intelligent, but ethical. Leaders who are not only ambitious, but compassionate. Leaders who are not only successful but committed to serving others.

Education as a Tool for Transformation
One of uTata Nelson Mandela’s most quoted statements is that “Education is the most powerful weapon which you can use to change the world.” 

Those words have become timeless because they speak to the transformative power of learning. Education is about more than obtaining a qualification. It is about expanding your thinking and discovering solutions to challenges. It is about preparing yourself to contribute meaningfully to society.

As students, you are developing skills that our country urgently needs. South Africa needs innovators. We need entrepreneurs. We need young people who are prepared to create opportunities, not only seek them.

Government continues to invest in Technical and Vocational Education and Training because we recognise the important role that TVET colleges play in driving economic growth, industrial development, and employment creation. You are part of that vision.

Never allow anyone to convince you that your qualification is less important than another. Every skill you acquire has the potential to improve lives, strengthen communities and contribute to building an inclusive economy. The future of South Africa will not only be built in boardrooms.

It will also be built in workshops, laboratories, construction sites, classrooms, and small businesses established by young people like yourselves. That is why your education matters. Not only to you. But to the nation.

Government’s Commitment to Young People
Programme Director,

As Government, we recognise that young people are not merely beneficiaries of development; you are partners in development. The success of South Africa depends on how well we prepare, support, and empower its young people. That is why youth development remains a priority across government.

Our vision is to build a capable, ethical, and developmental state that creates opportunities for every young person to realise their full potential. This is reflected in the National Development Plan 2030, the National Youth Policy 2030, and the Medium-Term Development Plan, which place young people at the centre of our country’s growth and development.

These policy frameworks are not simply documents. They are commitments to creating pathways for young people through quality education, skills development, entrepreneurship, innovation, and employment opportunities.

However, government cannot achieve these aspirations alone. Partnerships with institutions of higher learning, the private sector, civil society, and communities are essential if we are to unlock the full potential of South Africa’s youth. Most importantly, we need young people who are prepared to seize the opportunities before them. As government creates pathways, you must prepare yourselves to walk through those doors with confidence, discipline, and determination.

Creating Pathways from Learning to Earning
Ladies and gentlemen,

One of the questions I am asked most often whenever I engage with young people is, “Where do I find opportunities?” and my response to them  would be: there are a number of government platforms one of the most important of these is the SA Youth national network, which can be accessed through SAYouth.mobi.

The South African Youth national network is one of government’s most important platforms for connecting young people to opportunities. By registering on SA Youth.mobi, you can access opportunities for learning, earning and volunteering, all at no cost. The platform links young people to jobs, training opportunities, skills programmes, entrepreneurship support and other initiatives offered by government and its partners.

I encourage every student here today to register on SA Youth.mobi. It is free to use, it does not require data on participating networks, and it has become an important gateway to opportunities for thousands of young South Africans.

Government also continues to implement the Presidential Youth Employment Intervention (PYEI), which brings together departments, the private sector, civil society and development partners to reduce barriers to employment and create pathways into the world of work.

Through initiatives such as the Youth Employment Service (YES) programme, many young people have been able to gain valuable workplace experience that strengthens their employability and opens doors to permanent employment.

I also encourage you to explore opportunities offered through the Sector Education and Training Authorities (SETAs). SETAs regularly advertise learnerships, internships, bursaries and skills development programmes aligned to different industries. These opportunities not only provide valuable experience but also help prepare young people for careers in sectors where skills are in demand.

Recently, we issued a call for applications for the National Youth Service (NYS) programme, which encourages young people to contribute meaningfully to their communities while gaining valuable skills, experience and civic awareness. The National Youth Service is an initiative for young people aimed at unemployed youth, particularly those who are not in employment, education or training. The programme equips participants with practical work experience, accredited training, and a monthly stipend by engaging them in community service and infrastructure projects.

The message here is; opportunities do exist, but you must actively seek them, prepare yourselves for them and apply when they become available.

Innovation, Entrepreneurship and Creating Opportunities
Colleagues,

One of the defining characteristics of your generation is innovation. You have grown up in a world shaped by technology, creativity, and rapid change. Where previous generations saw challenges, your generation has the ability to develop solutions.

South Africa needs more young innovators. We need young people who are prepared to establish businesses, develop updated technology, identify opportunities within their communities, and create employment not only for themselves, but for others. 

Entrepreneurship is not only about starting a business. It is about identifying a problem and having the courage to solve it. It is about creating value. It is about believing that your ideas can improve lives. Do not be afraid to dream boldly. Do not be afraid to start small. Every successful enterprise begins with a single idea and someone who was courageous enough to pursue it.

Government’s commitment extends beyond education and into economic participation. Through initiatives such as the Presidential Youth Employment Intervention, the SAYouth network, the Youth Employment Service, SETA-funded learnerships and apprenticeships, and partnerships with industry, we are working to ensure that more young people can transition from learning to earning. While government continues to create these pathways, we also encourage every young person to prepare themselves to seize the opportunities that become available.

Active Citizenship: Democracy Needs Your Voice and Before your voice is your vote
Programme Director,

As I engage with young people across our country, whether in schools, universities, TVET colleges or communities, I encounter a generation that is incredibly talented and ambitious, but also one that is increasingly frustrated. Many young people feel excluded from opportunities, discouraged by unemployment and uncertain about whether the systems of our democracy are responding to their aspirations. For some, these frustrations have developed into disillusionment.

This growing sense of disillusionment is reflected in one of the most concerning trends in our democracy: too many young people are choosing not to vote. Election after election, we have seen youth voter registration and turnout decline. Some young people believe that their vote will not make a difference. Others feel that politics has little relevance to their daily struggles. Still others have simply disengaged because they have lost confidence that their voices will be heard.

While these frustrations are real and must never be dismissed, withdrawing from democracy cannot be the answer. When young people choose not to participate, they surrender one of the most powerful tools they have to influence the future. Decisions about education, employment, healthcare, infrastructure, public transport, and economic opportunities will continue to be made. The only question is whether young people will help shape those decisions or leave them to others.

This is why I want to speak directly to the Student Representative Council leaders and student leaders gathered here today. You are more than representatives of your fellow students. You are influencers, organisers, and mobilisers. Your leadership should not end at resolving student issues on campus. It should extend to building active, informed and engaged citizens. You have a responsibility to encourage meaningful conversations about our democracy, to promote voter education, to challenge misinformation and apathy, and to inspire your fellow students to register and vote.

Let us become the generation that rejects cynicism and chooses participation. Let us prove that young people are not spectators in South Africa’s future, but active architects of it. Democracy is strongest when its young people believe that their voices matter and are prepared to use them.

Your Vote Is Your Voice
To every young person gathered here today, I want to leave you with a simple but profound message: your vote is your voice, and your voice matters.

When you become eligible, register to vote. Participate in every election. Do not see voting as a favour to any political party or individual. See it as your investment in the future of South Africa. Every ballot cast is an expression of hope, responsibility, and accountability. It is your opportunity to shape the future of your community; influence the direction of our country and hold leaders accountable for the promises they make.

Nelson Mandela reminded us that freedom is never complete unless it is accompanied by responsibility. One of the greatest responsibilities that comes with living in a constitutional democracy is participating in it. Voting is not merely a constitutional right; it is an act of citizenship that honours those who sacrificed so that all South Africans could choose their leaders freely.

To the SRC leaders present today, I challenge you to become ambassadors for democratic participation. Encourage every eligible student on your campus to register. Organise voter education campaigns. Create spaces where respectful debate and informed discussion can flourish. Help your fellow students understand that while one vote may seem small, millions of individual voices together determine the future of our nation.

South Africa needs a generation that does not simply complain about the future but actively shapes it. The future will belong to those who participate, who organise, who lead and who vote.

Your generation has the numbers. You have the ideas. You have the energy. Now you must also have the determination to participate fully in our democracy.
Let your voice be heard, because democracy is strongest when young people are informed, engaged, and determined to shape the future they wish to inherit.

Leaving a Legacy of Service
Ladies and gentlemen,

Every year, South Africans are encouraged to dedicate 67 minutes of service in honour of Nelson Mandela’s 67 years of public service. Those 67 minutes remind us that no act of kindness is too small. But I want to challenge all of us today.

Let us not limit the spirit of Mandela Day to one day on the calendar. Let us make service part of our everyday lives. Let us be known as the generation that chooses compassion over indifference. Integrity over corruption. Dialogue over division. Hope over despair. Service over self-interest.

Whether you are helping a fellow student prepare for an examination, mentoring a young person in your community, volunteering at a local organisation or simply treating others with dignity and respect, you are contributing to the South Africa that Nelson Mandela envisioned.

The greatest tribute we can pay to Madiba is not simply remembering his life. It is continuing his work.

Conclusion
As I look across this room today, I leave filled with optimism because I see a generation that possesses the talent, resilience, and courage to build the South Africa that Nelson Mandela dreamed of. Among you are future artisans, entrepreneurs, engineers, educators, innovators, business leaders, and public servants. But above all, I see future citizens whose choices will determine the direction of our democracy.

When history reflects on your generation, may it never be said that you stood on the sidelines while others decided your future. May it be said that you stepped forward, that you organised your communities, that you served with humility, that you voted, that you held leaders accountable and that you left South Africa stronger than you found it.

May it be said that this was the generation that rejected corruption and embraced integrity; that chose hope over despair; that replaced division with dialogue; and that understood that democracy is not something we inherit once, but something we must renew through our participation every single day.

As uTata Nelson Mandela reminded us, “It is in your hands to make our world a better one for all.”

Those words are not simply an inspiration; they are a call to action. Lead with courage. Lead with humility. Lead with integrity. Serve with compassion. Continue learning. 
Together, let us honour Madiba not only by remembering his extraordinary life, but by continuing his work. Let us build a South Africa that is united in its diversity, confident in its democracy and unwavering in its commitment to ensuring that every young person has the opportunity to realise their full potential.

I thank you!
 

UN meeting to review progress on New Urban Agenda

Source: Government of South Africa

UN meeting to review progress on New Urban Agenda

Countries will take stock of progress and share experiences on sustainable urban development when they gather for the High-Level Meeting of the United Nations General Assembly on the Midterm Review of the New Urban Agenda (NUA) on Thursday and Friday.

Human Settlements Minister Thembi Simelane, who is representing South Africa, will participate in the meeting, held under the theme: “Delivering Sustainable Urbanisation for all: Accelerating and Scaling Implementation of the New Urban Agenda to 2036 Together.”

The meeting will assess progress, achievements, gaps and emerging challenges in implementing the New Urban Agenda, adopted in 2016.

The conference will also identify and promote priority accelerators, policy innovations, and systemic shifts to advance adequate housing and sustainable urbanisation up to 2036. 

It will showcase effective practices, scalable solutions, and innovative partnerships, including financing mechanisms, to address gaps and support countries differently to ensure no one is left behind.

The meeting will further seek to enhance international cooperation and multilateral engagement to advance sustainable urban development.

The NUA set out a vision for sustainable urbanisation as a driver of inclusive, resilient and sustainable development, contributing to the achievement of the 2030 Agenda for Sustainable Development, and other global agendas.

The department said Simelane will use her participation to underscore South Africa’s position on inclusive development and people-centred urban development to accelerate the implementation of the NUA, Sustainable Development Goals (SDGs) and Agenda 2063.

“These imperatives are aligned to the department’s imperatives relating to informal settlements transformation and integrated human settlements development, the provision of adequate housing and climate resilience,” the department said in a statement on Wednesday.

The High-Level Meeting is expected to adopt a concise and action-oriented political declaration to renew commitment and accelerate the implementation of the New Urban Agenda.

SA, Libya explore opportunities for bilateral cooperation

Meanwhile, Simelane has held a meeting with Libya’s Minister of Housing and Construction, Eng. Essam Al-Tamouni to reaffirm the longstanding relations between South Africa and Libya and explore opportunities for bilateral cooperation.

The Ministers discussed collaboration in affordable housing, integrated human settlements, informal settlement upgrading, innovative building technologies, spatial planning, urban development and housing finance models.

They also agreed to strengthen technical cooperation through a bilateral framework that will support knowledge sharing and advance sustainable, inclusive and resilient communities.

“The engagement reflects a shared commitment to advancing Agenda 2063 and strengthening intra-African cooperation for the benefit of the continent’s people,” the department said. – SAnews.gov.za
 

 

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Simelane urges North West to fast-track housing projects

Source: Government of South Africa

Simelane urges North West to fast-track housing projects

Human Settlements Minister Thembi Simelane has called on the North West Department of Human Settlements to continue ensuring that housing projects are completed on time and within budget.

Simelane made the remarks during a two-day oversight visit to the province aimed at assessing progress in housing delivery, strengthening oversight and engaging communities on human settlements programmes.

“We promised people that we will finish the houses on time, and we should keep that promise, the province must ensure that the contractors meet their deadlines and those that faulter must be held accountable,” Simelane said.

During the visit, Simelane, accompanied by North West MEC for Cooperative Governance, Human Settlements and Traditional Affairs Gaoage Molapisi and local mayors, handed over houses in Ventersdorp as part of a housing project expected to deliver 2 500 units by October 2026.

The delegation also handed over title deeds to beneficiaries in the Maquassi Hills Local Municipality under the Title Deeds Fridays campaign.

The Minister urged the provincial government to intensify efforts to unblock stalled housing projects and accelerate the registration and transfer of title deeds.

According to the report presented to the Minister, several housing projects have stalled because of challenges related to dolomitic ground conditions and inadequate bulk infrastructure. The title deeds restoration programme has also been affected by untraceable beneficiaries, incomplete township establishment processes, deceased beneficiaries and the illegal occupation of houses.

The North West government aims to transfer 2 450 title deeds to qualifying beneficiaries during the 2026/27 financial year.

Simelane said the transfer of title deeds remains essential to restoring dignity, providing security of tenure and promoting economic inclusion.

While Simelane welcomed the intervention, she warned against disintegrated planning within the spheres of government and underscored the importance of effective contract management to ensure contractors adhere to their contractual obligations.

Simelane said government remained committed to directing resources towards programmes with greatest social impact.

Molapisi said funding allocated to the province through the Human Settlements Development Grant and the Informal Settlements Upgrading Partnership Grant will be used to accelerate housing delivery and improve living conditions for communities in need across the province. – SAnews.gov.za

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Burkina Faso: New World Bank Financing to Expand Economic Opportunities and Strengthen Social Protection Systems

Source: APO


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The World Bank approved today a new project in Burkina Faso to expand economic opportunities for vulnerable populations, foster social cohesion, and strengthen the country’s social protection system. This marks a renewed partnership between the World Bank Group and the Government of Burkina Faso in the social protection sector. The project will be implemented over five years and financed through an International Development Association (IDA) credit of $100 million and a $20 million grant from the Sahel Adaptive Social Protection Program.

The new operation builds on the strong results of the Burkina Naong Sa Ya (“Ending Poverty”) Social Safety Nets Project, implemented from 2014 to 2024, which reached more than one million beneficiaries with social assistance and helped establish a national social registry of vulnerable households, providing a critical platform for the expansion and targeting of social protection programs across the country.

The Burkina Faso Economic Opportunities for Resilience Project will support the implementation of the National Social Protection Strategy (2024-2028) and a new national flagship social assistance program: the Economic Empowerment Support Program for Poor and Vulnerable Households. Targeting 120,000 beneficiaries, the operation will expand access to economic opportunities for vulnerable households, including internally displaced persons and returnees; promote investments in skills development, food security, nutrition, and health—the building blocks for productive and better jobs; strengthen women’s economic empowerment; and enhance households’ resilience to climate-related and other shocks.

The project will also focus on making the national social protection system more adaptive, effective, and better coordinated by enhancing programs, information and data, and institutional capacity to maximize the outcomes of interventions. It will support the expanded coverage and use of the social registry; promote its integration with other key databases—including those for internally displaced persons and health insurance—to ensure accurate, efficient, and inclusive identification of beneficiaries.

The project illustrates our continued commitment to support the government’s effort to achieve more harmonized approach to social protection. Also, it fully aligns with our new country partnership framework for Burkina Faso, which aims to promote sustained development, with a strong focus on creating more and better jobs,” said Hamoud Abdel Wedoud Kamil, World Bank Country Manager for Burkina Faso.

“The package of interventions are both productive and protective. They will help people access food, education, and health services to protect and build human capital, and also access productive assets and financial services, all of which can transform people’s lives in the medium and long terms,” added Trina Haque, World Bank Regional Practice Director for Western and Central Africa.

Distributed by APO Group on behalf of The World Bank Group.

Common Security and Defence Policy (CSDP) Service Medal Awarded to Djiboutian Maritime Authorities

Source: APO

On July 13, at the Ministry of Defence in Djibouti, following authorization by EU High Representative Kaja Kallas, Rear Admiral Vasileios Gryparis (EL N), Commander of EUNAVFOR ASPIDES, presented the CSDP Service Medal for Planning and Support.

The medal was presented to Colonel Wais Omar Bogoreh, Chief of the Djiboutian Coast Guard, and Commander Ahmed Daher Djama, Chief of the Djiboutian Navy, in recognition of their commitment to strengthening cooperation with the EU and supporting maritime security in the region.​

Distributed by APO Group on behalf of European Union External Action: The Diplomatic Service of the European Union.

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Kora Highlights Africa’s Growing Role in Global Payments Conversations at iFX Expo International

Source: APO

Africa’s growth potential was a recurring theme at iFX Expo International 2026, with brokers, payment service providers and fintech companies increasingly looking to the continent as a strategic expansion market. Businesses operating across multiple regions increasingly require solutions that can support local collections, cross-border payouts and settlements through a single platform.

This was a recurring theme at iFX Expo International 2026 in Cyprus, where brokers, payment service providers and fintech companies gathered to discuss the future of trading, payments and customer acquisition.

Africa remains a priority growth market

Through conversations with industry players including B2Broker, Zotapay, Virtual Pay, Equals, Verify Africa, and Exness, Africa emerged as one of the most discussed growth markets. Participants highlighted the increasing demand for unified infrastructure that can simplify payment operations across multiple African countries.

Speaking during the panel session, “Who Will Power the Future of Global Payments’’ Kora’s Chief Financial Officer, Ayodeji Osisami highlighted why local expertise is essential to building payment infrastructure for Africa.“You can’t serve a growing market by making assumptions. You have to be on the ground, understand what customers actually need, and build infrastructure that reflects the realities of each market.”

His remarks reinforced the importance of combining local market knowledge with scalable infrastructure to help global businesses expand confidently across the continent.

Building the infrastructure behind growth

At the event, Kora shared how businesses can access Pay-ins, Payouts and settlement across multiple African markets through a single integration. These conversations reflected a growing need for payment infrastructure that can support expansion without adding operational complexity.

As demand for cross-border financial services continues to grow, Kora remains focused on helping global businesses access African markets through reliable, connected payment infrastructure that enables seamless money movement across the continent.

Distributed by APO Group on behalf of Kora.

Contact | Lagos:
Olawale Akinola
Marketing Lead
olawale@korapay.com

About Kora:
Kora is a payment infrastructure platform enabling pay-ins, payouts, and settlements across Africa and beyond. Built for the complexity of African markets, Kora provides the reliability, local compliance, and settlement infrastructure that enterprises and financial institutions depend on. Learn more at Korahq.com.

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African Petroleum Producers’ Organization (APPO) National Oil Companies (NOC)-Chief Executive Officer (CEO) Forum Set to Chart Africa’s Next Phase of Energy Growth in Cape Town this October

Source: APO


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Africa’s push to retain domestic value from its oil and gas resources has become a defining strategic priority. This agenda, which spans regional refining expansion, cross-border trade and local capital mobilization will drive the 8th APPO NOC-CEO Forum in Cape Town on October 12, held alongside African Energy Week (AEW) 2026. 

Hosted by the South African National Petroleum Company (SANPC), the Forum brings together the chief executives of the African Petroleum Producers’ Organization’s (APPO) member national oil companies (NOCs) to advance one primary goal: building a more integrated African energy industry. From financing billion-dollar projects and expanding refining capacity to strengthening regional gas markets and harmonizing petroleum regulations, the meeting has become one of the continent’s most influential executive platforms for turning shared priorities into coordinated action. 

The Forum comes at a defining moment for APPO, where, since its establishment in 1987, the organization has largely served as a platform for policy coordination among Africa’s petroleum-producing nations. Under Secretary General Farid Ghezali, the organization is evolving into a commercially focused alliance that seeks to mobilize investment, strengthen regional infrastructure and position Africa as a more integrated energy market. 

That shift has accelerated throughout 2026. APPO has advanced an African refining model, promoted cross-border energy corridors and strengthened cooperation between NOCs. Most significantly, the launch of the Africa Energy Bank marks a major step toward giving African energy projects access to financing sourced on the continent, reducing reliance on international lenders that have increasingly withdrawn support for oil and gas developments.  

Against this backdrop, this year’s NOC-CEO Forum moves beyond dialogue towards identifying projects, strengthening partnerships and aligning the continent’s NOCs around practical initiatives that can be delivered over the coming year. 

As such, a central theme of this year’s meeting is ensuring Africa captures more value from the resources it already produces. 

Delegates will examine proposals for regional financing and petrochemical hubs capable of processing African crude closer to home, reducing dependence on imported fuels while creating new industrial opportunities. The discussions support APPO’s broader objective of replacing fragmented national markets with an integrated regional value chain that keeps investment, jobs and expertise within Africa. 

The Forum will also advance plans for an African petroleum products market through a proposed products exchange platform, alongside efforts to harmonize fuel specifications and simplify cross-border trade. Together, these initiatives are designed to make it easier for African countries to trade energy with one another while strengthening supply security across the continent. 

Natural gas will feature prominently throughout the program as executive explore regional LNG cooperation, long-term supply agreements, gas-to-power initiatives and projects that expand LPG access while reducing routine flaring. As governments look to improve electricity access and support industrial growth, gas continues to play a central role in APPO’s long-term energy strategy. 

Financing will remain high on the agenda following the operational launch of the Africa Energy Bank, one of APPO’s flagship initiatives. 

Forum discussions will focus on how the Bank, working alongside Afreximbank, can help accelerate upstream, midstream and downstream developments through African-backed financing structures. Delegates will also identify bankable projects for 2027 and examine commercial frameworks that reduce investment risk while supporting long-term infrastructure development. 

Beyond financing, executives will review progress on existing cooperation agreements and identify new opportunities for joint investments, technical collaboration and shared infrastructure between member NOCs.  

Meanwhile, reflecting APPO’s ambition to institutionalize cooperation, delegates will also explore digital platforms designed to connect suppliers, investors, researchers and training institutions across member countries. New tools covering supplier certification, procurement, research collaboration, financing access, training and business intelligence aim to create a more connected energy ecosystem while strengthening local content across Africa’s oil and gas value chain.  

The program also includes discussions on legal harmonization, methane reduction, carbon capture, asset integrity and APPO’s revised Long-Term Strategy for Sustainable and Inclusive African Energy Sovereignty by 2050, ensuring that commercial growth is supported by stronger governance and common industry standards. 

The meeting will conclude with the adoption of resolutions, a roadmap and key performance indicators for 2027, reinforcing the Forum’s role as an execution platform rather than simply a venue for discussion. 

The momentum behind these efforts was evident during the previous APPO NOC-CEO Forum, held in Accra in September 2025. Hosted by the Ghana National Petroleum Corporation (GNPC), the meeting focused on advancing regional cooperation while supporting the operationalization of the Africa Energy Bank. Executives also explored opportunities for greater cross-border infrastructure collaboration and visited the 40,000-barrel-per-day Sentuo Oil Refinery, highlighting the growing importance of domestic refining capacity and value addition as African countries seek to strengthen energy security and reduce reliance on imported petroleum products. 

The lineup during this year’s meeting features an impressive roster of NOCs including: Nour Eddine Daoudi, CEO of Algeria’s Sonatrach, Sebastião Gaspar Martins, CEO and Chairman of Angola’s Sonangol, Issifou Moussa Yari, CEO and President of Benin’s SNH-Benin, Adolphe Moudiki, CEO of Cameroon’s SNH-Cameroon, Augustin Nkuba Kasanza, Managing Director of the DRC’s SONAHYDROC, Maixent Raoul Ominga, Director General of the Republic of Congo’s SNPC, Fatoumata Mbalou Sanogo, CEO of Ivory Coast’s Petroci, Salah EL-Din A/Kareem, CEO of Egypt’s EGPC and Bienvenido Nguema Envo, CEO of Equatorial Guinea’s GEPetrol.  

Additional participants include: Marcellin Simba Ngabi, CEO of Gabon’s GOC, Kwame Ntow Amoah, CEO of Ghana’s GNPC, Masoud Suleman Mousa Mahmoud, CEO of Libya’s National Oil Corporation, Victoria Sibeya, Managing Director of Namibia’s Namcor, Colonel Ali Seibou Hassane, Director General of Niger’s Sonidep, Bashir Bayo Ojulari, Group CEO of Nigeria’s NNPC, Alioune Guèye, CEO of Senegal’s Petrosen, Godfrey Moagi, CEO of South Africa’s SANPC and Djalila Abdourahim, Director General of Chad’s SHT.  

As Africa seeks to finance more of its own projects, process more of its own resources and build a truly integrated energy market, the APPO NOCs CEOs’ Forum has become one of the continent’s most consequential gatherings of energy leaders. This October’s meeting will help determine how those ambitions translate into investment, partnerships and projects that strengthen Africa’s energy future.  ​

Distributed by APO Group on behalf of African Energy Chamber.

Le forum des PDG des compagnies pétrolières nationales de l’APPO se tiendra au Cap en octobre prochain pour tracer les grandes lignes de la prochaine phase de croissance énergétique de l’Afrique

Source: Africa Press Organisation – French


La volonté de l’Afrique de conserver la valeur ajoutée de ses ressources pétrolières et gazières sur son territoire est devenue une priorité stratégique majeure. Cet agenda, qui couvre l’expansion régionale du raffinage, le commerce transfrontalier et la mobilisation de capitaux locaux, sera au cœur du 8e Forum des PDG des compagnies pétrolières nationales de l’APPO, qui se tiendra au Cap le 12 octobre, en marge de l’African Energy Week (AEW) 2026. 

Organisé par la Société nationale pétrolière sud-africaine (SANPC), le Forum rassemble les PDG des compagnies pétrolières nationales (CPN) membres de l’Organisation des producteurs de pétrole africains (APPO) afin de faire progresser un objectif principal : construire un secteur énergétique africain plus intégré. Qu’il s’agisse de financer des projets de plusieurs milliards de dollars, d’accroître les capacités de raffinage, de renforcer les marchés régionaux du gaz ou d’harmoniser les réglementations pétrolières, cette réunion est devenue l’une des plateformes de dirigeants les plus influentes du continent pour transformer des priorités communes en actions coordonnées. 

Ce forum intervient à un moment décisif pour l’APPO qui, depuis sa création en 1987, a principalement servi de plateforme de coordination des politiques entre les pays africains producteurs de pétrole. Sous la direction du secrétaire général Farid Ghezali, l’organisation évolue vers une alliance à vocation commerciale qui cherche à mobiliser des investissements, à renforcer les infrastructures régionales et à positionner l’Afrique comme un marché énergétique plus intégré. 

Cette évolution s’est accélérée tout au long de l’année 2026. L’APPO a mis en avant un modèle africain de raffinage, encouragé la création de corridors énergétiques transfrontaliers et renforcé la coopération entre les compagnies pétrolières nationales (CPN). Plus important encore, le lancement de la Banque africaine de l’énergie marque une étape majeure vers l’accès des projets énergétiques africains à des financements provenant du continent, réduisant ainsi la dépendance vis-à-vis des prêteurs internationaux qui ont progressivement retiré leur soutien aux projets de développement pétroliers et gaziers.  

Dans ce contexte, le Forum des PDG des SNP de cette année va au-delà du simple dialogue pour s’attacher à identifier des projets, à renforcer les partenariats et à aligner les SNP du continent autour d’initiatives concrètes pouvant être mises en œuvre au cours de l’année à venir. 

À ce titre, l’un des thèmes centraux de la réunion de cette année consiste à veiller à ce que l’Afrique tire davantage de valeur des ressources qu’elle produit déjà. 

Les délégués examineront des propositions visant à créer des pôles régionaux de financement et de pétrochimie capables de traiter le brut africain plus près de chez eux, réduisant ainsi la dépendance vis-à-vis des carburants importés tout en créant de nouvelles opportunités industrielles. Ces discussions s’inscrivent dans l’objectif plus large de l’APPO, qui consiste à remplacer les marchés nationaux fragmentés par une chaîne de valeur régionale intégrée permettant de conserver les investissements, les emplois et l’expertise au sein de l’Afrique. 

Le Forum fera également avancer les projets visant à créer un marché africain des produits pétroliers grâce à une plateforme d’échange de produits proposée, parallèlement aux efforts visant à harmoniser les spécifications des carburants et à simplifier le commerce transfrontalier. Ensemble, ces initiatives sont conçues pour faciliter les échanges énergétiques entre les pays africains tout en renforçant la sécurité d’approvisionnement à l’échelle du continent. 

Le gaz naturel occupera une place prépondérante tout au long du programme, les dirigeants explorant la coopération régionale en matière de GNL, les accords d’approvisionnement à long terme, les initiatives de conversion du gaz en électricité et les projets visant à élargir l’accès au GPL tout en réduisant le torchage systématique. Alors que les gouvernements cherchent à améliorer l’accès à l’électricité et à soutenir la croissance industrielle, le gaz continue de jouer un rôle central dans la stratégie énergétique à long terme de l’APPO. 

Le financement restera une priorité à l’ordre du jour suite au lancement opérationnel de la Banque africaine de l’énergie, l’une des initiatives phares de l’APPO. 

Les discussions du forum porteront sur la manière dont la Banque, en collaboration avec Afreximbank, peut contribuer à accélérer les développements en amont, en milieu de chaîne et en aval grâce à des structures de financement soutenues par l’Afrique. Les délégués identifieront également des projets bancables pour 2027 et examineront des cadres commerciaux permettant de réduire les risques d’investissement tout en soutenant le développement des infrastructures à long terme. 

Au-delà du financement, les dirigeants feront le point sur les progrès réalisés dans le cadre des accords de coopération existants et identifieront de nouvelles opportunités d’investissements conjoints, de collaboration technique et de partage d’infrastructures entre les sociétés nationales pétrolières (SNP) membres.  

Par ailleurs, reflétant l’ambition de l’APPO d’institutionnaliser la coopération, les délégués exploreront également des plateformes numériques conçues pour mettre en relation les fournisseurs, les investisseurs, les chercheurs et les organismes de formation à travers les pays membres. De nouveaux outils couvrant la certification des fournisseurs, les marchés publics, la collaboration en matière de recherche, l’accès au financement, la formation et l’intelligence économique visent à créer un écosystème énergétique plus connecté tout en renforçant le contenu local à travers la chaîne de valeur du pétrole et du gaz en Afrique.  

Le programme comprend également des discussions sur l’harmonisation juridique, la réduction des émissions de méthane, le captage du carbone, l’intégrité des actifs et la stratégie révisée à long terme de l’APPO pour une souveraineté énergétique africaine durable et inclusive d’ici 2050, garantissant que la croissance commerciale s’appuie sur une gouvernance renforcée et des normes industrielles communes. 

La réunion s’achèvera par l’adoption de résolutions, d’une feuille de route et d’indicateurs clés de performance pour 2027, renforçant ainsi le rôle du Forum en tant que plateforme d’action plutôt que simple lieu de discussion. 

La dynamique sous-tendant ces efforts était déjà manifeste lors du précédent Forum des PDG des sociétés nationales pétrolières de l’APPO, qui s’est tenu à Accra en septembre 2025. Organisée par la Ghana National Petroleum Corporation (GNPC), cette réunion s’est concentrée sur le renforcement de la coopération régionale tout en soutenant la mise en œuvre de la Banque africaine de l’énergie. Les dirigeants ont également exploré les possibilités d’une collaboration transfrontalière accrue en matière d’infrastructures et ont visité la raffinerie de pétrole de Sentuo, d’une capacité de 40 000 barils par jour, soulignant ainsi l’importance croissante des capacités de raffinage nationales et de la création de valeur ajoutée, alors que les pays africains cherchent à renforcer leur sécurité énergétique et à réduire leur dépendance vis-à-vis des produits pétroliers importés. 

La liste des participants à la réunion de cette année comprend un impressionnant panel de sociétés pétrolières nationales (SPN), notamment : Nour Eddine Daoudi, PDG de la Sonatrach algérienne, Sebastião Gaspar Martins, PDG et président de la Sonangol angolaise, Issifou Moussa Yari, PDG et président de la SNH-Bénin, Adolphe Moudiki, PDG de la SNH-Cameroun, Augustin Nkuba Kasanza, directeur général de la SONAHYDROC (RDC), Maixent Raoul Ominga, directeur général de la SNPC de la République du Congo, Fatoumata Mbalou Sanogo, PDG de Petroci (Côte d’Ivoire), Salah EL-Din A/Kareem, PDG de l’EGPC (Égypte) et Bienvenido Nguema Envo, PDG de GEPetrol (Guinée équatoriale).  

Parmi les autres participants figuraient : Marcellin Simba Ngabi, PDG de la GOC du Gabon, Kwame Ntow Amoah, PDG de la GNPC du Ghana, Masoud Suleman Mousa Mahmoud, PDG de la National Oil Corporation de Libye, Victoria Sibeya, directrice générale de la Namcor de Namibie, le colonel Ali Seibou Hassane, directeur général de la Sonidep du Niger, Bashir Bayo Ojulari, PDG du groupe NNPC du Nigeria, Alioune Guèye, PDG de Petrosen au Sénégal, Godfrey Moagi, PDG de la SANPC d’Afrique du Sud, et Djalila Abdourahim, directrice générale de la SHT du Tchad.  

Alors que l’Afrique cherche à financer davantage ses propres projets, à valoriser davantage ses propres ressources et à construire un marché énergétique véritablement intégré, le Forum des PDG des compagnies pétrolières nationales de l’APPO est devenu l’un des rassemblements les plus importants du continent pour les dirigeants du secteur de l’énergie. La réunion d’octobre prochain permettra de déterminer comment ces ambitions se traduiront par des investissements, des partenariats et des projets qui renforceront l’avenir énergétique de l’Afrique.  ​

Distribué par APO Group pour African Energy Chamber.

Restitution de 35 nouveaux biens culturels et des archives béninoises : Cotonou mobilise ses compétences scientifiques et ses ressources intellectuelles

Source: Africa Press Organisation – French

Après la modernisation du cadre juridique de protection du patrimoine et l’ouverture des chantiers de construction de musées répondant aux meilleurs standards internationaux, le Bénin ne se contente pas des premiers résultats de sa politique de restitution, devenue une référence en Afrique. Ce pays, où la tradition et la modernité se conjuguent, a décidé d’aborder une nouvelle étape de la réparation des fractures de son histoire. Le Bénin a choisi de renforcer et de pérenniser sa coopération avec la France, une coopération davantage fondée sur la confiance, le respect mutuel et l’excellence scientifique à travers la création d’une Commission scientifique conjointe. 

En effet, le Gouvernement béninois a sollicité une nouvelle restitution de ses biens culturels conservés en France. Au total, trente-cinq (35) nouveaux biens culturels ainsi que des archives conservés dans les collections publiques françaises sont concernés. Une requête solidement étayée sur les plans historique, scientifique, patrimonial et juridique, qui a reçu un accueil favorable de la partie française. 

Pour y parvenir, l’Exécutif béninois mise sur son expertise nationale d’excellence, ses compétences scientifiques et la mobilisation de ses meilleures ressources intellectuelles. Elles sont désormais réunies au sein d’un Comité scientifique national officiellement installé à Cotonou, le 14 juillet 2026, date marquant la célébration de la fête nationale de son partenaire, la République française. 

En installant les six (06) membres du Comité, Monsieur Yassine LATOUNDJI, ministre de la Culture, des Arts et du Patrimoine, a souligné l’importance de la responsabilité qui leur incombe. « Votre responsabilité (…) exige de vous la rigueur intellectuelle, l’indépendance d’esprit, la collégialité, le sens de l’intérêt général et la fidélité constante à la vérité scientifique. » 

Sous la conduite d’Alain GODONOU, ces spécialistes du patrimoine culturel, historiens de l’art et experts de la restitution et de la circulation des biens culturels ont plusieurs échéances importantes à respecter : élaborer la feuille de route du Comité, accompagner la mise en place de la Commission scientifique conjointe franco-béninoise, consolider le dossier national relatif aux trente-cinq (35) biens culturels sollicités et contribuer à l’élaboration des avis qui éclaireront les futures décisions de restitution. 

Pour le Ministre, la restitution des biens culturels est bien plus qu’une question patrimoniale. Elle constitue une œuvre de justice, de mémoire et de souveraineté.

Distribué par APO Group pour Gouvernement de la République du Bénin.

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