L’Commerciale Intra-Africaine (IATF2025) s’achève en beauté, enregistrant des accords commerciaux d’une valeur record de 48,3 milliards de dollars

Source: Africa Press Organisation – French

La quatrième Foire commerciale intra-africaine (IATF2023), qui s’est tenue à Alger, en Algérie, s’est achevée le 10 septembre 2025 sur un succès retentissant. En effet, des d’accords commerciaux et d’investissement d’une valeur de 48,3 milliards de dollars US ont été signés au cours de cette exposition continentale d’une semaine qui a débuté le 4 septembre et accueilli plus de 112 000 visiteurs (physiques et virtuels) provenant de 132 pays. Au total, 958 acheteurs ont participé à l’événement.

La cérémonie d’ouverture, présidée par le Président algérien, S.E. Abdelmadjid Tebboune, en présence d’autres dignitaires, a pris les allures d’un Sommet. Avec des discussions de haute facture, cette cérémonie a vu la participation de quatorze (14) chefs d’État et de gouvernement, de 6 représentants de gouvernement et de 41 ministres et vice-ministres. Organisé tous les deux ans, l’IATF offre aux entreprises en Afrique et dans le reste du monde une plateforme leur permettant de présenter leurs biens et services aux visiteurs et aux acheteurs tout en échangeant des informations et en explorant les opportunités. D’une durée d’une semaine, la Foire tenue du 4 au 10 septembre 2025 à Alger, en Algérie, était organisée par la Banque Africaine d’Import-Export ( Afreximbank), en partenariat avec la Commission de l’Union africaine (CUA) et le Secrétariat de la Zone de libre-échange continentale africaine (ZLECAf).

Selon les statistiques de l’IATF2025, 2 148 exposants ont pris part à l’évènement. En outre, des activités importantes ont été organisées. Il s’agit notamment des expositions commerciales organisées par les pays et les entreprises, du forum sur le commerce et l’investissement de quatre jours auquel ont participé des acteurs africains et internationaux de premier plan, du programme Creative Africa Nexus (CANEX) dont l’exposition a été consacrée à la mode, à la musique, au cinéma, aux arts et à l’artisanat, au sport, à la littérature et la gastronomie, et du Salon africain de l’automobile.

Ce programme riche et varié comprenait également neuf journées spéciales organisées par différents pays et organisations pour présenter leurs opportunités commerciales et d’investissement. Parmi celles-ci, figurent notamment la Journée mondiale de l’Afrique dédiée à l’IATF2025 mettant en avant les liens commerciaux et culturels entre l’Afrique et sa diaspora, la Journée industrielle d’Arise IIP, la Journée Dangote, ainsi que les journées nationales organisées par l’Algérie, le Kenya, la Tunisie, la Zambie, le Zimbabwe et la Côte d’Ivoire.

Des programmes de mise en relation B2B et B2G ont été organisés afin de faciliter les partenariats stratégiques et les collaborations gouvernementales dans le but d’ouvrir de nouvelles opportunités, tandis que le programme AU Youth Start-Up a présenté des idées et des prototypes innovants. Quant à l’Africa Research and Innovation Hub @IATF, il a ciblé les universitaires et les chercheurs nationaux.  Ces activités ont été précédées par celles d’IATF Virtual Platform [plateforme virtuelle IATF].  Déjà active tout au long de l’année, cette plateforme a permis de mettre en relation les exposants et les visiteurs.

Dans son allocution de clôture, S.E. Olusegun Obasanjo, ancien Président du Nigeria et actuel Président du Conseil consultatif de l’IATF2025, a déclaré que la Foire avait dépassé toutes les attentes et tous les objectifs fixés par les organisateurs ; tout en exprimant « un sentiment du devoir accompli et une grande satisfaction » à l’issue de la réunion.

S.E Obasanjo a attribué le succès de cet événement aux échanges fructueux et aux partenariats dynamiques qui ont marqué la Foire. Selon lui, l’IATF2025, plus qu’une simple foire commerciale, témoignait d’une Afrique plus intégrée et plus prospère.

Il a ajouté : « Grâce à des échanges et des partenariats dynamiques, l’IATF2025 a dépassé nos attentes et se présente désormais comme la plus grande foire jamais réalisée depuis la première édition. Elle a semé les graines de la prospérité future en accord avec notre vision commune d’une Afrique économiquement intégrée. Nous devons continuer à nous appuyer sur ces liens établis pour explorer de nouvelles opportunités, en travaillant ensemble pour tirer pleinement parti de la ZLECAf ».

Des discussions enrichissantes ont également eu lieu entre des dirigeants politiques, économiques et autres intervenants sur des questions clés relatives au commerce intra-africain au cours de la partie conférence du salon, avec la participation de certains des acteurs africains et internationaux les plus recherchés.

Les autres résultats clés découlant de l’événement sont les suivants :

  • L’institutionnalisation de la Foire commerciale intra-africaine en tant qu’entité autonome fondée sur un traité, dénommée IATFCO, dont le siège est situé à Harare, au Zimbabwe ;
  • L’annonce de Lagos, au Nigeria, comme lieu d’accueil de la prochaine IATF en 2027 et la remise du drapeau d’accueil au Ministre nigérian du Commerce, le Dr Jumoke Oduwole ; et
  • l’attribution des droits d’accueil de la sixième conférence sur l’investissement du Réseau des gouvernements sous-souverains d’Afrique (AfSNET) en 2026 à l’État de Cross River au Nigeria, avec Calabar comme lieu désigné. L’accord d’accueil a été signé par le Gouverneur Bassey Edet Otu au nom de l’État de Cross River, et par Mme Kanayo Awani, vice-présidente exécutive du commerce intra-africain et du développement des exportations pour le compte d’Afreximbank.

L’Algérie, qui s’était imposée comme un choix naturel pour abriter l’IATF2025 en raison de ses chaînes de valeur industrielles bien établies, de son économie diversifiée et de sa situation stratégique, a finalement représenté 11,4 milliards de dollars US sur les 48,3 milliards de dollars US de contrats signés lors de la foire, soit 23,6 % du total des accords conclues lors du salon. La concrétisation d’opportunités et d’engagements supplémentaires en matière d’exportation pour les entreprises algériennes ayant pris part à la foire, d’un montant de 11,6 milliards de dollars US, est également attendue.  

Les entreprises algériennes ont également profité de l’IATF2025 pour présenter leurs produits, attirer des investissements et nouer de nouveaux partenariats. Leur présence à l’IATF2025 leur a aussi permis d’établir des relations d’affaires à long terme et des liens avec des entreprises d’autres pays africains au titre de la mise en œuvre de la ZLECAf.

En outre, la forte participation notée a permis d’accroître la visibilité médiatique de l’Algérie, rehaussant ainsi le profil de ce pays du Maghreb et stimulant considérablement ses perspectives commerciales. Par ailleurs, les secteurs du tourisme et de l’hôtellerie ont tiré profit de la forte fréquentation des hôtels, des entreprises de transport et de logistique, des agences de voyage et d’autres entreprises de la chaîne de valeur. 

 La cérémonie de clôture a également été marquée par une remise de prix dans les catégories suivantes :

  • Meilleur design de stand (Entité) – Mota Engil
  • Meilleur design de stand (Pavillon) – Pays/Organisation – Zambie
  • Meilleur stand – nigérian
  • Meilleur stand – Zimbabwe
  • Le plus durable/écologique – État d’Ogun, Nigeria
  • Stand le plus innovant – Arise IIP
  • Prix CANEX – Ministère des Arts et de la culture, Algérie
  • Prix du Salon africain de l’automobile– Fiat Stellantis

« Des prix ont en outre été décernés dans les catégories AU Youth Startup, Healthcare Technology Innovation Hackathon et SME Pitch.

Des milliers d’entreprises africaines, y compris des PME, ont noué de nouveaux partenariats et pénétré de nouveaux marchés grâce à la plateforme de l’IATF ».

Distribué par APO Group pour Afreximbank.

Contact presse :
media@intrafricatradefair.com
press@afreximbank.com

À propos de la Foire commerciale intra-africaine :
Organisée par la Banque Africaine d’Import-Export (Afreximbank), la Commission de l’Union africaine (CUA) et le Secrétariat de la Zone de libre-échange continentale africaine (ZLECAf), la Foire commerciale intra-africaine vise à fournir une plate-forme unique pour faciliter l’échange d’informations sur le commerce et l’investissement afin de soutenir le développement du commerce et de l’investissement intra-africains, en particulier dans le contexte de la mise en œuvre de l’Accord sur la Zone de libre-échange continentale africaine (ZLECAf). La Foire commerciale intra-africaine réunit les acteurs continentaux et internationaux afin qu’ils présentent et exposent leurs biens et services, tout en explorant les opportunités d’affaires et d’investissement sur le continent. L’IATF offre en outre une plateforme pour partager des informations sur le commerce, les investissements et le marché avec les parties prenantes et permet aux participants d’examiner et d’identifier des solutions aux difficultés auxquelles sont confrontés le commerce et l’investissement intra-africain. Outre les participants africains, la foire commerciale est ouverte aux entreprises et aux investisseurs de pays non africains qui souhaitent faire des affaires en Afrique et soutenir sa transformation grâce à l’industrialisation et au développement des exportations

Media files

Afreximbank and Midstream and Downstream Gas Infrastructure Fund (MDGIF) sign strategic Memorandum of Understanding (MoU) to accelerate development of gas infrastructure in Nigeria

Source: APO

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Midstream and Downstream Gas Infrastructure Fund (MDGIF) have signed a landmark memorandum of understanding (MoU) to establish a collaborative framework aimed at promoting, developing and improving gas infrastructure in Nigeria.

It was signed on the sidelines of the just ended fourth Intra-African Trade Fair (IATF2025) by Mrs Helen Brume, Director and Global Head – Project and Asset Based Finance on behalf of Afreximbank, and Mr. Oluwole Adama, Executive Director on behalf of MDGIF. The MoU emphasises private sector-led delivery models and aligns with both institutions’ mandates and strategic priorities.

Under the terms of the MoU, Afreximbank and MDGIF will work together with the overarching intention of mobilising up to US$ 500 million over a four-year period to support midstream and downstream gas infrastructure projects. The investment is structured as a blend of senior debt and equity contributions, considered under both entities’ independent mandates, with a focus on accelerating the modernisation and expansion of Nigeria’s gas sector.

Key areas of collaboration Include:

  • Targeted Gas Infrastructure Investment: Joint identification and prioritisation of eligible projects, with annual pipeline targets to ensure investment goals are met.
  • Senior Debt Financing: Afreximbank will consider providing direct financing and credit risk guarantees to support project finance transactions, working alongside local financial institutions.
  • Project Preparatory Support: Establishment of a dedicated support, either through funding or support framework, for feasibility studies, legal structuring, environmental assessments and other preparatory activities for bankable gas projects.
  • Equity Financing: MDGIF will consider equity contributions to complement Afreximbank’s senior debt, enabling full capital structuring for eligible projects.
  • Promotion and Advocacy: MDGIF will leverage Afreximbank’s platforms, including the Intra-African Trade Fair, to promote its initiatives and engage stakeholders.
  • Capacity Building: Development of a structured programme to enhance MDGIF’s institutional capabilities in project structuring, risk management, and innovative financing.

With respect to the collaboration between both parties, Mrs Kanayo Awani, Executive Vice President – Intra-African Trade and Export Development at Afreximbank, noted that:

“This MoU marks a significant milestone in our shared commitment to accelerating Africa’s economic transformation. By combining Afreximbank’s deep expertise in trade and project finance with MDGIF’s national investment reach, we are poised to unlock new opportunities for inclusive growth and sustainable development across Nigeria and, potentially, across the West Africa sub-region.”

She added: “We stand ready to work with the MDGIF in advancing the development of gas infrastructure projects in Nigeria which will add value to the country’s natural resources. This intervention is also important as it aligns with Afreximbank’s Industrialisation and Export development agenda.”

In his comments, Mr. Oluwole Adama, Executive Director of MDGIF, said:

“Anchored on our statutory mandate under the Petroleum Industry Act and aligned with President Bola Ahmed Tinubu’s agenda to harness Nigeria’s gas resources for industrialisation and economic growth, this partnership with Afreximbank enables MDGIF to mobilise capital, expand critical midstream and downstream infrastructure, reduce flaring, and deliver sustainable energy solutions that power industries, create jobs, and improve livelihoods across Nigeria.”

Witnessing the ceremony on behalf of the Nigerian Government, the Minister of State for Petroleum Resource (Gas), noted:

“Through this partnership, we are unlocking the potential to mobilise up to USD 500 million over the next four years for Nigeria’s gas infrastructure. More importantly, we are creating a pipeline of bankable projects, supported by feasibility studies, project preparation, and risk-sharing mechanisms, that will accelerate the pace of investment in pipelines, processing.”

The just ended fourth Intra-African Trade Fair (IATF2025) was a huge success, exceeding all its targets. The event drew over 112,000 participants, both in person and online, and generated more than $48 billion in trade deals. It featured over 2,100 exhibitors and was attended by 20 Heads of State and Government representatives, along with several ministers and other senior government officials and leading business people.

For more information, please visit www.IntrAfricanTradeFair.com.

Distributed by APO Group on behalf of Afreximbank.

Media Contacts:
MDGIF
Email: authority@nmdpra.gov.ng

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

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

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 MDGIF:
The Midstream and Downstream Gas Infrastructure Fund (MDGIF) is a strategic initiative under Nigeria’s Petroleum Industry Act, focused on catalyzing investment in gas infrastructure to support domestic utilization and export-oriented growth.

The Fund’s primary purpose is to make equity investments of Government owned participating or shareholder interests in infrastructure related to midstream and downstream gas operations aimed at increasing the domestic consumption of natural gas in Nigeria in projects which are financed in part by private investment. Additionally, the fund aims to encourage private investment through risk sharing by participating initially in selected high-risk projects and in such other equity investments that encourage investment in midstream and downstream gas infrastructure. These initiatives are aimed at reducing or eliminating gas flaring in Nigeria.

For more information, visit: https://apo-opa.co/48bX64Y

Media files

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United Arab Emirates (UAE) and the African Union Commission Hold First Round of Political Consultations

Source: APO


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The first round of political consultations between the United Arab Emirates and the African Union Commission was held in Abu Dhabi, building on the Memorandum of Understanding signed in 2019, and within the framework of the shared commitment to strengthening strategic partnership, as well as the recent Memorandum of Understanding signed in July 2025 on health partnerships in Africa.

Both sides agreed to pursue tangible outcomes by intensifying technical coordination on issues of shared interest and holding regular political consultations to track progress.

In light of recent regional developments, both sides expressed their full solidarity with the brotherly State of Qatar in response to the blatant and cowardly attacks launched by Israel, which pose a direct threat to regional and international peace and security. The Chairperson of the AU Commission also reaffirmed the Union’s support for the UAE’s sovereignty over its occupied islands: Greater Tunb, Lesser Tunb, and Abu Musa.

During the consultations, the two sides underscored the close relations between the UAE and Africa, rooted in shared interests, longstanding historical and social ties, and bolstered by high-level exchanges — most recently the visit of His Highness Sheikh Mohamed bin Zayed Al Nahyan, UAE President, to Angola. This visit was of particular importance in the context of Angola’s current chairmanship of the AU and its role in mediation and peace initiatives across the continent.

The economic aspect of the partnership was also highlighted, with the United Arab Emirates emerging as the leading investor in Africa, guided by a vision to promote shared development, expand investments in infrastructure, energy, and sustainable growth, and create jobs, in line with the continent’s priorities in electricity, digitalization, and the empowerment of women and youth.

The two sides discussed a number of regional issues of common interest, including developments in the Horn of Africa, Sudan, Central Africa, and the Sahel, stressing the importance of joint efforts to enhance security and stability. In addition, both sides discussed the important role played by the United Arab Emirates during its membership of the United Nations Security Council (2022–2023) in supporting African issues and strengthening coordination with the three African member states on the Council (A3).

The consultations concluded with a reaffirmation of the shared commitment to advancing the UAE–AU partnership in ways that promote peace, stability, and sustainable development across Africa.

Following the consultations, Her Excellency Reem bint Ebrahim Al Hashimy, UAE Minister of State for International Cooperation, and His Excellency Mahmoud Ali Youssouf, Chairperson of the AU Commission, held a meeting to explore avenues for strengthening cooperation in investment, renewable energy, youth and women empowerment, as well as enhancing their role in development.

Distributed by APO Group on behalf of United Arab Emirates, Ministry of Foreign Affairs.

Government announces arrangements for signing of book of condolence for late minister Sylvester M. Grigsby

Source: APO


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The Government of Liberia, through the Office of the Minister of Foreign Affairs, Honorable Sara Beysolow-Nyanti, announces the official arrangements for the signing of the Book of Condolence in honor of the late Hon. Sylvester M. Grigsby, Minister of State for Presidential Affairs; Former Minister of State without Portfolio; Former Superintendent of Sinoe County; and Former Deputy Minister of Foreign Affairs.

The signing ceremony will take place on Thursday, August 14, 2025, at the Parlours of the Executive Mansion from 11:00 a.m. to 4:00 p.m., in the following sequence:
1. His Excellency Joseph Nyuma Boakai, President of the Republic of Liberia, and Members of the Cabinet
2. The Vice President and Members of the Senate
3. The Speaker and Members of the House of Representatives
4. Her Honor the Chief Justice and Associate Justices of the Supreme Court
5. The Doyen and Members of the Diplomatic Corps, Consular Corps, and Heads of International Organizations
6. Government Officials, Former Government Officials, and Members of the Clergy

From Friday, August 15, 2025, until the day of the funeral, the Book of Condolences will be open to the public at the C. Cecil Dennis Auditorium, Ministry of Foreign Affairs, where Hon. Grigsby served a significant part of his professional career.

Additionally, the Ministry of Foreign Affairs will open Books of Condolence at all Liberian Missions abroad on Thursday, August 14, 2025.

As a mark of respect and national mourning, President Boakai has directed that the national flag be flown at half-mast across the Republic until the burial of the late Minister.

The Government of Liberia calls on all stakeholders, friends, and the general public to join in this solemn tribute and honor the legacy and dedicated service of Hon. Sylvester M. Grigsby to the nation.

Distributed by APO Group on behalf of Republic of Liberia: Executive Mansion.

The Economic Community of West African States (ECOWAS) Launches Regional Social Protection Framework and Operational Plan in Abuja

Source: APO


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The Economic Community of West African States (ECOWAS), through its Department of Human Development and Social Affairs, in collaboration with the International Labour Organization (ILO), UNICEF, the Food and Agriculture Organization (FAO), the European Union, and other partners, has launched the ECOWAS Social Protection Framework and Operational Plan at a High-Level Advocacy and Dissemination Workshop held on September 11, 2025, at the Commission’s Headquarters in Abuja.

The new Framework is designed to guide Member States in strengthening and expanding social protection systems, improving access to essential services, and promoting social inclusion across the region. The event also featured the presentation of the 2025–2026 Biennial Work Plan to Member States and stakeholders.

In her welcome address, Prof. Fatou Sow Sarr, ECOWAS Commissioner for Human Development and Social Affairs, thanked Member States and partners for their support. She described the launch as a “key milestone in advancing ECOWAS’ regional agenda on social protection,” stressing the need for sustained collaboration and commitment.

Hon. Swaray Mohamed Rahman, Minister of Employment, Labour and Social Security of Sierra Leone and Chairman of the event, commended ECOWAS for providing a regional framework. Highlighting Sierra Leone’s progress, including the establishment of a Social Protection Authority, he called for collaboration among Member States, noting that “poverty and vulnerability do not respect borders, neither does solidarity.”

In his keynote address, H.E. Hon. Dr. Yusuf Tanko Sununu, the Honourable Minister of State for Humanitarian Affairs and Poverty Alleviation of the Federal Republic of Nigeria, represented by Mr. Valentine Ezulu, the Director of Social Development at the Ministry, presented Nigeria’s major initiatives to strengthen social protection systems. They include a digitised cash transfer programme benefiting more than 5.5 million households, a National Social Register covering over 19.78 million households, and the Skill to Wealth programme, designed to equip young people with practical, market-ready skills. He reaffirmed Nigeria’s commitment to advancing regional collaboration under the ECOWAS Framework.

In her goodwill message, Dr Vanessa Phala, Director of the ILO Office for Nigeria, Ghana, Liberia and Sierra Leone and Liaison Office for ECOWAS, emphasised that “social protection is both a human right and an economic necessity”,  while UNICEF, FAO, and other partners highlighted the importance of building strong and inclusive systems, stressing the need to ensure access for children and communities that depend on agriculture and related livelihoods.

The technical session included presentations on the Framework and the 2025–2026 biennial workplan, followed by discussions on strategies to improve implementation and coordination at national and regional levels.

The workshop concluded with the official launch of the Framework and Operational Plan by H.E. Mr Swaray Mohamed Rahman, marking an important milestone in advancing social protection across the ECOWAS region.

Development partners reaffirmed their commitments to work closely with ECOWAS to implement the biennial workplan and strengthen social protection systems to ensure they are inclusive, effective, and sustainable.

Distributed by APO Group on behalf of Economic Community of West African States (ECOWAS).

President El-Sisi Meets Prime Minister (PM), Central Bank of Egypt (CBE) Governor & Presidential Advisor for Financial Affairs

Source: APO


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Today, President Abdel Fattah El-Sisi met with Prime Minister Dr. Mostafa Madbouly, Governor of the Central Bank of Egypt Mr. Hassan Abdalla, and Presidential Advisor for Financial Affairs Lieutenant General Ahmed El-Shazly.

The Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said the meeting addressed the latest developments in enhancing the performance of the banking sector and ongoing efforts to increase U.S. dollar revenues, particularly from domestic sources. The President was briefed on indicators related to strengthening the country’s foreign currency reserves. The President reviewed the progress made in reducing inflation rates, as well as the economic and structural reforms being implemented by the government to improve financial and economic indicators. The President also followed up on the development of external debt as a percentage of Gross Domestic Product (GDP). The Governor of the Central Bank of Egypt noted that this ratio remains within safe limits and affirmed that domestic foreign currency resources reached a record level in August 2025, ensuring coverage of all local obligations and achieving a real surplus.

The President emphasized the importance of increasing foreign currency reserves and meeting the necessary financing needs to support development efforts. He stressed the continued provision of sufficient U.S. dollar resources to positively impact the availability of a secure stockpile of various goods, as well as the need to reduce external debt. The President also reiterated the necessity of maintaining a flexible exchange rate system.

Distributed by APO Group on behalf of Presidency of the Arab Republic of Egypt.

Ghana: Government to invest GH¢13.9 Billion ‘Big Push’ Infrastructure Drive—Deputy Finance Minister

Source: APO


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Government has made known plans to allocate billions of cedis towards large-scale infrastructure projects under what it calls the ‘Big Push’ initiative, aimed at bridging the country’s critical infrastructure deficit and stimulating long-term growth.

Speaking at the KPMG Infrastructure Roadshow in Accra, Deputy Minister for Finance, Thomas Ampem Nyarko, revealed that government plans to invest GH¢13.9 billion in 2025 on priority infrastructure projects. This figure is expected to increase to GH¢21.2 billion by 2028.

The funding will be drawn primarily from petroleum revenues under the Annual Budget Funding Amount (ABFA) and mineral royalties, which are being restructured to focus on key areas such as, Roads and transport, Energy and power generation, Digital infrastructure, Urban and rural development.

“This is not a small nudge or a patch-up job. It’s an economic reset, powered by a US$10 billion Big Push for infrastructure development,” Mr. Ampem emphasized.

Urgent Infrastructure Needs

Ghana’s infrastructure demands remain substantial. Estimates suggest the country needs US$37 billion annually for the next 30 years to meet development goals across sectors. Maintaining existing infrastructure alone is expected to cost an additional US$8 billion annually.

The Deputy Minister cited Ghana’s low score of 47 out of 100 on the Global Infrastructure Hub index, below the average for lower-middle-income countries, as a sign of chronic underinvestment.

“Our cities need better transport. Our industries require dependable energy. Our farmers need modern irrigation. And our youth demand digital highways for the future,” he said.

Emphasis on Public-Private Partnerships (PPPs)

While public investment is being scaled up, Mr. Ampemstressed that Public-Private Partnerships (PPPs) will be essential to closing the infrastructure gap.

“The public purse alone cannot meet these needs. The fiscal space is limited, and the demands are vast. PPPs are not just helpful — they are indispensable.”

He noted that the Ghana Infrastructure Investment Fund (GIIF) will be key in setting up Special Purpose Vehicles (SPVs) to attract private capital, blended finance, and international development funding.

Call to Investors

The Deputy Minister urged both local and international investors to explore opportunities in sectors such as transport, energy, digital infrastructure, and urban development, describing them as “vast and transformative.”

“The framework is in place. The vision is clear. The government’s commitment under President Mahama’s leadership is unwavering. Your innovation, capital, and expertise are not only welcome, they are crucial,” he told investors.

He concluded by calling for strong collaboration between government and the private sector, emphasizing that sustainable infrastructure transformation will require a united effort.

The KPMG Infrastructure Roadshow, held under the theme “Unlocking Ghana’s Public Private Partnership Potential: Bridging Reform and Results,” brought together policymakers, investors, engineers, and business leaders to explore strategies for accelerating infrastructure.

Distributed by APO Group on behalf of Ministry of Finance – Republic of Ghana.

African leaders, African Development Bank (AfDB) push for governance reforms, regional integration for Africa’s transformation at Nigerian Economic Society Conference

Source: APO

African leaders, experts, the African Development Bank (www.AfDB.org) and development partners have called for urgent reforms to strengthen governance, deepen regional integration, and drive inclusive growth across the continent.

Opening the Nigerian Economic Society’s (NES) 66th Annual Conference in Abuja on Tuesday, Nigeria’s Vice President Kashim Shettima stated that Nigeria’s youthful population — on average aged 16.9 years — could either drive prosperity or deepen poverty depending on policy choices.

The 2025 NES conference has drawn more than 2,500 delegates from 22 African countries, including economists, policymakers, academics, and international partners. Discussions are focusing on structural vulnerabilities amid global disruptions ranging from climate change and geopolitical tensions to debt sustainability and demographic pressures.

Comparing India’s $100 billion annual outsourcing industry with Nigeria’s peak oil revenues of $25 billion in 2011, the vice-president urged diversification into knowledge-based sectors.

“Africa’s 1.5 billion people should represent a formidable economic force, yet the continent accounts for just 16 percent of global trade,” Shettima said. “We slept through the first three industrial revolutions. Now in the fourth, Africa stands at a crossroads.”

The continent’s failure to marry politics with sound economic management has left it trailing in global trade and industrial progress, Shettima said, addressing the theme “Rethinking Africa’s Development: Pathways to Economic Transformation and Social Inclusion in a Changing Global Economic Landscape.”

Shettima elaborated on the Nigerian government’s removal of fuel subsidies, exchange rate unification, and tax reforms, conceding the hardship of inflation and high living costs but stressing that investor confidence was returning.

“These are tough times, but the recovery will be permanent,” he said, crediting President Bola Ahmed Tinubu’s administration with showing political will to confront long-ignored structural weaknesses.

Nigeria’s Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, underscored the continent’s financing challenges, noting that individual countries in Europe and Asia carry larger debt markets than Africa as a whole. He called for greater access to capital and more investment in social inclusion and infrastructure.

“Our experience over the past two years shows that bold, even risky, reforms are necessary,” he said. “To reach Nigeria’s goal of a $1 trillion economy by 2030, and to lift Africa as a whole, we must embrace paradigm-shifting policies at all levels.”

In his goodwill message at the opening session of the event, the Director of the African Development Institute at the African Development Bank, Eric Ogunleye, reaffirmed the African Development Bank’s commitment to supporting Africa’s wider development agenda.

He highlighted initiatives such as the Strategic Framework on Key Actions to Achieve Inclusive Growth and Sustainable Development, the Public Service Delivery Index, and specialized training platforms, including the Public Finance Management Academy for Africa and the Macroeconomic Policy Management Academy for Africa.

“These tools are available at no cost to member countries and are designed to accelerate structural transformation and inclusive growth,” he told delegates.

Speaking later on “Rethinking Governance Models in Africa for Sustainable Economic Growth” during a plenary panel session, Ogunleye said governance and leadership remain decisive in separating successful economies from struggling ones.

“Governance is not just an end in itself; it is an economic imperative,” he said. “Where governance is weak, whether overly centralized, fragmented, or reactive, countries fail to respond effectively to shocks.”

Other panelists stressed that Africa’s transformation depends on deeper regional integration. Wale Ogunkola of the University of Ibadan argued that the African Continental Free Trade Area must go beyond tariff reduction to build value chains, boost infrastructure, and integrate services into manufacturing.

 “If you don’t produce, what are you going to trade?” he asked, calling for stronger private sector involvement.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media Contact:
Kwasi Kpodo,
Communication and External Relations
media@afdb.org

About the African Development Bank Group:
The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

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Nigeria: African Development Bank and International Committee of the Red Cross (ICRC) partner to support inclusive, resilient water services in Maiduguri

Source: APO

The Government of Borno State, in collaboration with the African Development Bank (www.AfDB.org) and the International Committee of the Red Cross (ICRC), have convened a partnership roundtable to accelerate access to safe, sustainable, and inclusive water services in Maiduguri.

The event held on Tuesday 10 September, coincided with the first anniversary of devastating floods in Borno, aggravated by the collapse of the Alau Dam, which severely impacted Maiduguri and Jere local government areas.

Borno State, located in Nigeria’s Lake Chad region, has faced over a decade of conflict, displacement, and rapid urban growth. Between 2006 and 2021, Maiduguri’s population more than doubled and is projected to exceed 2.5 million by 2030, placing immense pressure on water infrastructure. Public water systems currently meet only part of the demand, forcing many households to rely on unsafe and costly sources, with women and children most affected.

The roundtable brought together senior representatives from the Borno State Government, the Federal Ministry of Water Resources and Sanitation, AfDB, ICRC, World Bank, Agence Française de Développement, development partners, UN agencies, diplomats, and technical experts.

Mallam Bukar Tijani, Secretary to the State Government of Borno, emphasized the State’s commitment: “Ensuring that every citizen, regardless of location or socio-economic status, has access to safe and affordable water is a top priority for Borno State. We are committed to working with the Federal Ministry of Water Resources and Sanitation, the African Development Bank, ICRC, and other partners to bridge the gap between need and provision through technology, expertise, and sustainable financing.”

Dr. Abdul Kamara, the Bank’s Director General for Nigeria, in his remarks stated: “Water, resilience, and peace are deeply interconnected. Investing in water is central to the African Development Bank’s Strategy for Addressing Fragility and Building Resilience in Africa. Through initiatives like the Inclusive Basic Services Delivery Program and strong partnerships with the Nigerian government and institutions like the ICRC, we are helping northern Nigeria move from recurring crises to a future of stability, resilience, and sustainable development.”

Doris El Doueihy, head of the ICRC Delegation in Nigeria, added: “The humanitarian–development link is not just a concept; it is a lifeline. We must meet urgent needs while investing in long-term resilience to prevent future crises and setbacks to development.”

Joseph Terlumun, Babarinde Segun Mukaila, Director of Water Supply and Support Services representing the Water and Sanitation minister, highlighted the Federal Government’s role: “The Federal Government has developed a National Action Plan to revitalize water supply, sanitation, and hygiene services across the country. As one of the sectors most vulnerable to climate impacts, we must harness innovation and technology to manage our water resources sustainably and ensure access for all Nigerians.”

Over the past decade, the African Development Bank has invested over $805 million in water and sanitation projects across Nigeria, improving access for at least 8 million people. In Borno State, Bank programs have benefited 1.6 million people, including 417 interventions in Maiduguri, enhancing water access, healthcare, education, and livelihoods.

The roundtable concluded with a strong call to action, with the Borno State Government committing to establish a steering committee and work closely with development partners to implement the project. Participants also endorsed the Maiduguri Urban Water Supply Masterplan as the guiding framework for expanding access to safe water and improving resilience. They also agreed that providing safe, reliable, and affordable water for Maiduguri is critical for public health, resilience, and lasting peace across northeast Nigeria.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Contact:
Nkiruka Ugoh,
African Development Bank Nigeria Country Department
email: media@afdb.org

About the African Development Bank Group:
The African Development Bank Group is Africa’s premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

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Celebrating this Year’s 20 Under 40 Energy Women Rising Stars

Source: APO

The African Energy Chamber (AEC) (www.EnergyChamber.org) proudly announces this year’s 20 Under 40 Energy Women Rising Stars, celebrating the visionaries shaping Africa’s energy future. The 20 Under 40 Energy Women Rising Stars represent the full spectrum of the energy industry across Africa – from oil to natural gas and renewables – and have emerged as the drivers of the African energy sector. Representing both public and private companies, these women have demonstrated that their commitment to the industry goes beyond their job scope, to empower others, uplift communities and create lasting change across the African energy sector.

In alphabetical order:

Annie Cyrielle Okouma, Production Chemistry Engineer, SLB – Gabon

Annie Cyrielle Okouma is a trained chemical engineer, working for global technology company SLB in Gabon. Since joining the company, she rose the ranks, starting as a trainee laboratory technician and field engineer and now working as a production chemistry engineer.

Ashanti Kutala Mbanga, Program Manager, SANEDI – South Africa

Ashanti Kutala Mbanga, Project Manager at South African National Energy Development Institution, leads South Africa’s energy efficiency labelling program. She advocates for women and youth inclusion, serving as Vice-Chairperson of the Association for Females in Energy Efficiency.

Carolina Ana da Graça, Business Analyst, Chevron – Angola

Angolan professional Carolina Ana da Graca, a Chevron Angola Business Analyst, holds a degree in maritime transportation. An award-winning researcher, she is pursuing a master’s in transportation planning, specializing in maritime cybersecurity challenges.

Chisom Okolie, Senior Associate, Udo Udoma & Belo-Osagie – Nigeria

Nigerian lawyer Chisom Okolie, Senior Associate in energy and finance, advises multinational clients on complex transactions. Recognized as a Rising Star, she co-authors legal publications and champions women’s advancement in business law.

Elisangela Neto Fernandes, Global Asset Manager: Production Systems, SLB – Angola

Angolan geologist Elisangela Neto Fernandes began offshore as a Field Engineer in 2012. Rising through technical, global coordination and leadership roles, she now manages Surface Production Systems across Angola and Central East Africa.

Fiona Magomere, Power System Control Engineer, Kenya Power & Lighting Company – Kenya

Kenyan engineer Fiona Magomere, Power Systems Control Engineer at Kenya Power & Lighting Company, champions sustainability and clean energy access. A STEM mentor and storyteller, she advocates for collaboration to advance Africa’s inclusive energy transition.

Hunadi Nkabonwa Mahlanyane, Acting Line Manager, Coal & Civil Department, Eskom – South Africa

A trained technician, Hunadi Nkabonwa Mahlanyane is currently the Acting Line Manager in the Coal & Civil Department at South Africa’s state-owned power utility Eskom. Having studied electrical engineering at Witbank Technical College, she now plays a central role within Eskom.

Jakobina Junias, Founding Partner & CEO, Amperra Charging Company – Namibia

Namibian entrepreneur Jakobina Junias, CEO of Amperra Charging Company, pioneers sustainable EV solutions. A University of Namibia graduate, she champions environmental sustainability and innovation, positioning ampperra as a trusted African electric mobility brand.

Jesupelumi Ajibola, Training Business & Service Delivery Manager, SLB – Cameroon

Jesupelumi Ajibola, Training Business & Service Delivery Manager at SLB, is a petroleum engineer with international experience. Holding a master’s from Imperial College London, she has worked for some of West Africa’s leading energy companies.

Joy Nancy Ogechi, Energy and Project Engineer, Kenya Power & Lighting Company – Kenya

Joy Nancy Ogechi, Energy and Project Engineer at Kenya Power, has over seven years’ experience managing development projects. She enhances healthcare, infrastructure, and socio-economic productivity through multilateral and government-financed energy initiatives.

Justina Erastus, Founder, Youth in Oil and Gas Summit – Namibia

Namibian lawyer-in-training Justina Erastus, Founder of the Youth in Oil and Gas Summit, champions youth inclusion. She empowers young professionals through advocacy, education and engagement in Namibia’s evolving energy landscape.

Kavenamuua Kgosiemang, Field Engineer, SLB – Namibia

As Field Engineer at SLB, Kavenamuua Kgosiemang manages operations, data acquisition and reporting for well development projects. Her technical role supports decision-making critical to sustainable, long-term oilfield success.

Keleadile Ruda, Founder, Women in Energy – Botswana

Botswana’s Keleadile Ruda, Co-Founder of Women in Energy, is a solar PV specialist with five years’ experience. She leads projects from design to commissioning while mentoring women and youth in STEM.

Lydia Kapangila, Founder & CEO, Africa Youths in Energy Network – South Africa

Lydia Kapangila, Founder and CEO of Africa Youths in Energy Network, is dedicated to collaboration, sustainable growth and youth empowerment. She drives continental change through business acumen, advocacy and strategic leadership.

Mariah Lucciano-Gabriel, Head: Integrated Gas Ventures, Asharami Energy – Nigeria

Mariah Lucciano-Gabriel, Head of Integrated Gas Ventures at Asharami Energy, is a respected energy leader. With expertise in operations optimization and cross-functional leadership, she drives revenue growth and champions innovative business strategies.

Nancy Murithi, Green Growth & Climate Change Officer, Kenya Association of Manufacturers – Kenya

Nancy Murithi, Green Growth and Climate Change Officer at the Kenya Association of Manufacturers, advances energy efficiency and climate policy. An award-winning trainer and advisor, she empowers organizations and youth across Africa.

Nisia Ingles Pinto, Fluids Construction Engineer, SLB – Angola

Angolan engineer Nisia Pinto, Well Construction Fluids Engineer at SLB, specializes in cementing operations. With strong field expertise, she ensures drilling safety, reliability and innovation across Angola’s oil hubs in Soyo and Luanda.

Ololade Olubi, Division Manager Economics, Oando Energy Resources – Nigeria

Ololade Olubi, Division Manager of Economics at Oando Energy Resources, is a petroleum economist with 12+ years’ experience. She leads project economics, strategy and new ventures, shaping upstream development across Africa.

Rana Badi, CSR Project Lead, TotalEnergies – Libya

Rana Badi, CSR Project Lead at TotalEnergies, has over a decade’s experience in CSR, communications and digital transformation. She leverages dual master’s degrees to drive impactful social investment and sustainability programs.

Yetunde Margret Sorinola, CFO, Egbin Power Plc – Nigeria

Yetunde Margret Sorinola, CFO of Egbin Power Plc, is a governance-focused finance leader in power generation. She specializes in compliance, risk management, tariff modeling and financial stewardship of capital-intensive energy projects.

“The AEC believes that these 20 women represent the future and we look forward to having many more women on the list in years to come. These women are not only recognized for their amazing careers, but for their work and commitment across their respective communities. This is a testament to what happens when women are given opportunities to lead in the industry – going beyond executing their jobs to championing communities and mentoring others to become part of the larger African energy family” stated NJ Ayuk, Executive Chairman, AEC.

Distributed by APO Group on behalf of African Energy Chamber.

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