Remarks by President Cyril Ramaphosa at the special meeting with faith-based organisations, Union Buildings

Source: President of South Africa –

Ministers,
Religious leaders,
Colleagues and Friends,

It is my honour to welcome you to this meeting, which gives us an opportunity to reflect on matters that are important to the life of our country and the progress of our people. 

The faith community in our country has always been more than a place of worship. It has provided moral guidance and spiritual sustenance to our people. 

Over many decades, our faith community has shown deep care about the conditions in which our people live and has worked for peace, justice and equality.

It is in that spirit that we meet today, to reflect together upon two matters: the challenge of migration and our National Dialogue.

Although they may appear to be distinct issues, they both touch on the values that bind us together as a nation and the shared responsibility we have to build a better future for the people of South Africa.

Allow me to begin with migration. 

Over recent months, South Africans from every walk of life have raised concerns about migration, and illegal immigration in particular. 

These concerns are real. They need to be heard and to be addressed. 

These concerns arise in conditions of persistently high unemployment, poverty and hardship. They arise in communities that are plagued by crime, violence and corruption – and where there is increasing pressure on public services.

Yet illegal immigration is not the cause of our social and economic difficulties. 

To tackle the challenges our country faces, we need faster and more inclusive growth, investment and the creation of jobs. 

We need to strengthen our efforts to tackle poverty and hunger. 

We must build safer communities by addressing the causes of crime, improving policing and ending corruption.

Migration is not the cause of our problems, but it is something that we must manage constructively and collectively, always holding firm to our Constitutional principles and shared values.

That is why I addressed the nation on Sunday, the 7th of June, to outline the Comprehensive Approach to Migration Management that Cabinet has adopted.

In that address, I noted that our nation is itself a product of migration. 

Yet every person within our borders must be here lawfully.

I said that responsibility for enforcing our laws rests with the state, and that no individual may stop another to demand documentation or proof of nationality.

I said that no matter how frustrated people may be, there is no place for racism, sexism, xenophobia, Afrophobia or any other form of intolerance.

The comprehensive approach adopted by Cabinet rests upon five pillars.

Firstly, we are cracking down on violations of immigration, labour and other laws.

Secondly, we are securing our borders.

Thirdly, we are strengthening our immigration system by rooting out corruption and deploying advanced technology.

Fourthly, we are closing the gaps in our laws and policies.

Fifthly, we are working with our sister countries through SADC and the African Union to address the conditions that compel people to migrate.

Through these actions, we will demonstrate that we can protect our borders while protecting human dignity. 

We can enforce our laws while upholding our Constitution. 

We can secure our communities while preserving the values of Ubuntu. 

This is a responsibility that falls to all of us. And the faith community has a particularly important role to play.

When fear and anger rise, it is so often the voice of the pulpit, the mosque, the temple and the synagogue that can call our people back to compassion. 

Together, we must work to ensure that frustration is never turned into hatred, and that the stranger among us is met with the dignity that all our faith traditions demand.

We must demonstrate that there is a better way to manage these genuine concerns – a way that builds cohesion in communities and strengthens the bonds between us.

The second issue I would like to address is the National Dialogue. 

The National Dialogue continues our proud tradition of coming together to confront our challenges, to build consensus and to chart a course for the future.
 
At every defining moment in our history, we have found our way forward through dialogue with one another. 

The National Dialogue is a people-led process that unfolds from local dialogue to national gatherings, through which all South Africans are able to define a vision and plan for our country.

For this Dialogue to carry legitimacy, it must be genuinely inclusive. 

It must be a place where every voice is heard and real solutions are found. 

Faith communities are vital to this endeavour, for you reach into every village, township and suburb. 

You speak to conscience and to values in a manner that many others cannot. 

The National Dialogue will inevitably touch the wounds of our nation, and the faith community is ideally placed to help heal these wounds through prayer and practical service.

I therefore invite you to be partners, participants and guarantors of the National Dialogue process.

There are many challenges facing our nation. But we can address them together.

Together, we can build a South Africa that is secure, lawful, compassionate and prosperous, one that upholds the dignity of every person and fulfils the promise of our democracy.

Thank you again for your attendance and I look forward to our discussion.

I thank you.
 

Land restoration projects bring jobs and water relief to rural communities

Source: Government of South Africa

Land restoration projects bring jobs and water relief to rural communities

The Department of Forestry, Fisheries and the Environment (DFFE), in partnership with the Department of Agriculture and the International Union for Conservation of Nature (IUCN), is implementing land restoration projects in Limpopo and the Northern Cape to combat land degradation while improving livelihoods in rural communities.

The projects are already delivering tangible benefits, including improved access to water, job creation and skills development, while promoting sustainable land management and environmental stewardship.

As part of the initiative, two boreholes were officially handed over to the communities of Rietfontein and Philandersbron, improving water availability in these drought-stricken areas.

In addition, 84 beneficiaries – comprising women, young people and persons with disabilities – received training and employment through an invasive plant species removal programme covering 700 hectares. 

The project focuses particularly on eradicating the highly problematic alien Prosopis species.

An accompanying small grant project, running from April 2026 to April 2027, is also being implemented to support sustainable land management and food security, creating 10 temporary jobs.

Speaking on Wednesday in commemoration of Desertification and Drought Day (DDD) 2026, Deputy Minister of Forestry, Fisheries and the Environment, Bernice Swarts, underscored the importance of protecting and restoring land resources through sustainable land management.

“Together we need to work towards ensuring sustainable land management and environmental stewardship to ensure healthier ecosystems and strengthened socio-economic conditions of rural communities,” Swarts said.

Observed globally on 17 June each year, Desertification and Drought Day raises awareness of the need to restore degraded ecosystems and promote sustainable land-use practices.

The 2026 theme, “Rangelands: Recognise. Respect. Restore,” highlights the critical role of rangelands as biodiversity hotspots and providers of food security, clean drinking water, jobs and socio-economic opportunities.

Healthy rangelands contribute significantly to food security, climate change adaptation and water resource management, while also creating opportunities for employment and the development of green businesses.

Rangelands cover vast areas of the world’s surface and provide essential ecosystem services, including livestock grazing, carbon sequestration, water regulation and biodiversity conservation. However, they remain among the most vulnerable and degraded ecosystems globally.

According to the department, continued degradation of these landscapes threatens agricultural production, undermines climate change adaptation efforts and places increasing pressure on the livelihoods of communities that depend on them.

This year’s commemoration aims to raise awareness of the multiple benefits of sustainable land management and ecosystem restoration. –SAnews.gov.za

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A Premier Invest regressa como patrocinadora da Deal Room na African Energy Week (AEW) 2026, reforçando o principal mercado de investimento de África

Source: Africa Press Organisation – Portuguese –

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A Premier Invest regressará como Patrocinadora da Sala de Negociações na African Energy Week (AEW) 2026, reforçando o seu papel como uma das plataformas mais ativas do continente para o financiamento estruturado de energia e a facilitação de transações.

O anúncio assenta numa parceria de vários anos, durante a qual a Deal Room se tornou uma pedra angular da agenda de investimento da AEW – reunindo patrocinadores de projetos, financiadores e decisores políticos num ambiente específico concebido para acelerar a conclusão de negócios nos setores do petróleo, gás e energias renováveis em toda a África.

A Deal Room tornou-se uma das atrações mais seguidas da AEW, refletindo a crescente procura por plataformas de investimento práticas num mercado onde África continua a atrair apenas uma pequena parcela do capital energético global. Funciona como um espaço de transações ao vivo, ligando diretamente os investidores a oportunidades estruturadas e financiáveis em todo o continente.

Na AEW 2025, a Premier Invest Deal Room apresentou cerca de 13,4 mil milhões de dólares em oportunidades no setor energético, abrangendo projetos a montante, a meio e a jusante, bem como de energias renováveis, sublinhando a escala e a diversidade do pipeline de investimento africano. A sessão atrai consistentemente uma forte participação de empresas de capital privado, family offices, empresas comerciais e financiadores regionais.

Liderada pelo fundador e sócio-gerente René Awambeng, a Premier Invest presta consultoria e estrutura transações em toda a cadeia de valor energética de África, mobilizando capital de investidores globais e aprofundando o envolvimento com instituições financeiras regionais. A empresa obteve a sua licença da Autoridade Reguladora de Serviços Financeiros do Abu Dhabi Global Market em 2025, marcando um marco importante na sua expansão institucional e posicionamento regulatório, e, desde então, avançou com uma estrutura de grupo mais ampla, concebida para fortalecer os fluxos de financiamento comercial e a facilitação de investimentos em mercados emergentes.

Mais recentemente, a Premier Invest expandiu a sua presença para além do financiamento energético tradicional para setores adjacentes, incluindo o avanço do seu Fundo Africano de Infraestruturas Desportivas, sublinhando o seu crescente interesse em plataformas de investimento ligadas a infraestruturas que complementam estratégias de desenvolvimento económico a longo prazo em todo o continente.

Na AEW 2026, espera-se que a Deal Room intensifique ainda mais o seu foco na concretização de negócios, com maior ênfase em sessões de acompanhamento, encontros entre investidores e formatos de negociação estruturados. A plataforma também ganhou reconhecimento pelo seu papel na catalisação de transações reais e na ajuda à transição de projetos da visibilidade na fase inicial para a preparação de termos de compromisso.

«A Deal Room é o local onde a ambição energética de África se encontra com a execução», afirmou o Presidente Executivo da African Energy Chamber, NJ Ayuk. «Trata-se de estruturar negócios, mobilizar capital e fazer avançar projetos. O seu regresso em 2026 reforça o papel da AEW como o principal mercado do continente para o investimento energético e a celebração de negócios.»

Com a AEW 2026 preparada para reunir um grupo ainda mais vasto de investidores globais e partes interessadas no setor energético africano, espera-se que a Premier Invest Deal Room continue a ser um dos espaços determinantes do evento para traduzir a ambição em resultados de investimento concretos.

Para mais informações, visite: https://apo-opa.co/4vcSlRh​

Distribuído pelo Grupo APO para African Energy Chamber.

Islamic Development Bank Institute (IsDBI) and London Stock Exchange Group (LSEG) Launch Joint Report Highlighting Pathways to Overcome the Middle-Income Trap through Islamic Finance

Source: APO

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org/) and London Stock Exchange Group (LSEG) launched a new joint report titled Surmounting the Middle-Income Trap: Drivers, Pathways, and the Role of Islamic Finance.

The report was launched on 17 June 2026 during the 20th IsDB Global Forum on Islamic Finance, held in conjunction with the IsDB Group Annual Meetings in Baku, Azerbaijan.

This report is the second publication under the Development Traps Series. It examines the middle-income trap as a major long-term development challenge facing many IsDB member countries and presents policy-oriented analysis on how Islamic finance can support more inclusive, productive, and resilient development pathways.

Many IsDB member countries are still classified as middle-income countries. These economies often face challenges such as slow productivity growth, limited structural changes, financing difficulties, widespread informal economic activity, inequality, debt risks, technological gaps, and insufficient institutional capacity. These factors make it difficult for these countries to move from middle-income to high-income status.

Commenting on the launch, Dr. Sami Al-Suwailem, Acting Director of IsDBI, said: “The middle-income trap poses a significant challenge to development in many IsDB member countries. This report provides a timely analysis of the structural barriers affecting productivity, diversified and inclusive growth, and explores how Islamic finance can promote development through risk sharing, asset-backed financing, social finance, and instruments related to the real economy.”

The report argues that addressing the middle-income trap requires coordinated reforms, strengthened institutional frameworks, sustained investment in human capital, increased productivity, encouragement of innovation, economic diversification, and the development of financing models that support real economic growth.

The report also explores how Islamic finance can play a role in this effort. It highlights the potential of risk-sharing and equity financing, asset-backed financing, trade finance, sustainable financing, and hybrid financing, as well as Islamic social financial instruments such as zakāt, waqf, qarḍ ḥasan, and ṣadaqāt. These instruments can help the productive sector raise funds, support SME, promote infrastructure and innovation, foster financial inclusion, and support more resilient economic growth.

Mustafa Adil, Head of Islamic Finance, LSEG, said: “We are pleased to collaborate with IsDBI on this important report. By combining data-driven analysis, market perspectives, and Islamic finance expertise, the report offers a useful evidence base for policymakers, regulators, financial institutions, and development partners seeking to address long-term development constraints in middle-income economies.”

IsDBI’s contribution to the report aligns with its mission to support member countries through applied research, policy advice, capacity building, and knowledge solutions in Islamic finance and development economics. The partnership with LSEG highlights the benefits of merging expertise in Islamic finance with data-driven analysis and global market insights.

The report presents a segmented framework tailored for middle-income IsDB member countries and offers policy recommendations based on each country’s characteristics, development goals, and implementation abilities. It also details practical approaches for leveraging Islamic finance to promote structural transformation, productive investment, inclusion, resilience, and sustainable development.

This publication is designed to assist policymakers, regulators, financial institutions, development partners, researchers, and other stakeholders in addressing long-term development challenges in IsDB member countries.

The report is accessible on IsDBI website here: https://isdbinstitute.org/product/islamic-finance-middle-income-trap/

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

Social media handles:
X (Twitter): https://apo-opa.co/4gqkNur
Facebook: https://apo-opa.co/4xACk9g
LinkedIn: https://apo-opa.co/4euQKz6

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

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Premier Invest Returns as Deal Room Sponsor for African Energy Week (AEW) 2026, Reinforcing Africa’s Leading Investment Marketplace

Source: APO


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Premier Invest will return as the Deal Room Sponsor at African Energy Week (AEW) 2026, strengthening its role as one of the continent’s most active platforms for structured energy financing and transaction facilitation. The announcement builds on a multi-year partnership, during which the Deal Room has evolved into a cornerstone of AEW’s investment agenda – bringing together project sponsors, financiers and policymakers in a focused environment designed to accelerate deal closure across Africa’s oil, gas and renewables sectors.

The Deal Room has become one of AEW’s most closely watched features, reflecting growing demand for practical investment platforms in a market where Africa continues to attract only a small share of global energy capital. It functions as a live transaction space, directly connecting investors with structured, bankable opportunities across the continent.

At AEW 2025, the Premier Invest Deal Room showcased approximately $13.4 billion in energy opportunities spanning upstream, midstream, downstream and renewable projects, underscoring the scale and diversity of Africa’s investment pipeline. The session consistently draws strong participation from private equity firms, family offices, trading houses and regional financiers.

Led by Founder and Managing Partner René Awambeng, Premier Invest advises on and structures transactions across Africa’s energy value chain, mobilizing capital from global investors while deepening engagement with regional financial institutions. The firm secured its license from the Abu Dhabi Global Market Financial Services Regulatory Authority in 2025, marking a key milestone in its institutional expansion and regulatory positioning, and has since advanced a broader group structure designed to strengthen trade finance flows and investment facilitation in emerging markets.

More recently, Premier Invest has expanded its footprint beyond traditional energy financing into adjacent sectors, including the advancement of its African Sports Infrastructure Fund, underscoring its growing interest in infrastructure-linked investment platforms that complement long-term economic development strategies across the continent.

At AEW 2026, the Deal Room is expected to further sharpen its focus on deal conversion, with increased emphasis on follow-through sessions, investor matchmaking and structured negotiation formats. The platform has also gained recognition for its role in catalyzing real transactions and helping move projects from early-stage visibility to term-sheet readiness.

“The Deal Room is where Africa’s energy ambition meets execution,” said African Energy Chamber Executive Chairman NJ Ayuk. “This is about deals getting structured, capital getting mobilized and projects moving forward. Its return in 2026 reinforces AEW’s role as the continent’s premier marketplace for energy investment and deal-making.”

With AEW 2026 set to bring together an even wider pool of global investors and African energy stakeholders, the Premier Invest Deal Room is expected to remain one of the event’s defining spaces for translating ambition into executed investment outcomes.

For more information, visit: https://apo-opa.co/4vcSlRh

Distributed by APO Group on behalf of African Energy Chamber.

Emirates launches world’s most comprehensive travel insurance

Source: APO

  • First airline in the world to offer this level of comprehensive travel cover
  • Robust conflict-related medical expense protection and free 30-day trip extension
  • Airline-managed hotel stays and extended-stay support during disruption
  • Complimentary rebooking on other airlines during conflict-related cancellations
  • Cover that stands, regardless of government travel advice

Emirates (www.Emirates.com) has become the first airline in the world to offer Comprehensive Travel Cover, an industry-first travel insurance product that handles it all, including medical cover for conflict-related incidents, backed by airline-managed hotel accommodation and extended-stay support across a range of disruption scenarios.

When itineraries include connecting on other airlines or Emirates services are unavailable, Emirates will also rebook disrupted customers to their destination at no additional cost, including where flights have been cancelled due to conflict-related disruption.

Customers can now plan and travel with even greater peace of mind from the moment they book their journey, with expanded medical cover in the insurance product, supported by Travel Guard, and additional disruption support by Emirates on top of the existing travel insurance offering.

For customers in South Africa, Emirates’ Comprehensive Travel Cover will be available from 17 June 2026 and can be purchased when booking flights on emirates.com or added to existing bookings via Manage Booking. The enhanced offering provides South African travellers with expanded protection and support before and during their journeys, including access to conflict-related medical expense cover, trip extension benefits and additional assistance during travel disruptions.

Emirates’ new Comprehensive Travel Cover includes trip cancellation cover, compensation for baggage delay or loss, unlimited medical expense and emergency evacuation cover worldwide, among other generous benefits. Newly added conflict cover provides reimbursement for medical expenses of up to US$ 25,000 and a free trip extension of up to 30 days. The cover is not restricted by government travel advice.

Rooted in Emirates’ ‘fly better’ brand promise and its duty of care to customers is airline-managed hotel accommodation during disruptions, including airspace closures**. This is in addition to existing customer-first benefits such as a free date change for tickets booked from 2 April, and the option to ‘hold my fare’ for 24 hours free of charge, giving travellers flexibility, reassurance, and support at every step.

Emirates Comprehensive Travel Cover is available at an accessible premium and delivers exceptional value. Available from today, it can be purchased on emirates.com at the time of booking or added to existing bookings via Manage Booking.*

Sir Tim Clark, President Emirates Airline said: “Listening to customer feedback, we realised that travel demand remains strong but there was a gap in the market with regards to travel insurance cover. Therefore, we acted to address our customers’ needs.  Together with Travel Guard, a leader in the global insurance industry, Emirates is pleased to offer an enhanced travel insurance product that is as comprehensive as it is reassuring for a wider range of situations. With strong demand for travel in summer, we are proud to offer our customers added confidence in planning their journeys to and through Dubai when they book with Emirates.”

Russel Antonio, Head of Global Business & Partnerships, Travel Guard added: “Our long-standing collaboration with Emirates is grounded in a shared commitment to elevating the customer experience. By combining our strengths once again, this new comprehensive travel product offers enhanced protection that sets a new benchmark in the industry and responds to the needs of today’s travellers.”


*Terms and conditions apply, coverage and availability may vary by market

**Delivered as an airline service (not an insurance related benefit)

Comprehensive Travel Cover is available to purchase in the following markets:

Austria, Bahrain, Belgium, Canada, Cyprus, Czech Republic, Denmark, France, Germany, Greece, Hungary, Ireland, Italy, Kuwait, Malta, Netherlands, New Zealand, Norway, Poland, Portugal, Singapore, South Africa, Spain, Sweden, Switzerland, United Arab Emirates, United Kingdom

Distributed by APO Group on behalf of The Emirates Group.

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Premier Invest revient en tant que sponsor du « Deal Room » pour l’African Energy Week 2026, renforçant ainsi sa position de leader sur le marché africain de l’investissement

Source: Africa Press Organisation – French


Premier Invest reviendra en tant que sponsor de la Deal Room lors de l’African Energy Week (AEW) 2026, renforçant ainsi son rôle en tant que l’une des plateformes les plus actives du continent pour le financement structuré de l’énergie et la facilitation des transactions. Cette annonce s’inscrit dans le prolongement d’un partenariat pluriannuel, au cours duquel la Deal Room est devenue un pilier du programme d’investissement de l’AEW – réunissant des promoteurs de projets, des bailleurs de fonds et des décideurs politiques dans un environnement dédié, conçu pour accélérer la conclusion de transactions dans les secteurs africains du pétrole, du gaz et des énergies renouvelables.

Le Deal Room est devenu l’un des éléments les plus suivis de l’AEW, reflétant la demande croissante de plateformes d’investissement concrètes sur un marché où l’Afrique ne continue d’attirer qu’une petite part des capitaux mondiaux dans le secteur de l’énergie. Il fonctionne comme un espace de transaction en direct, mettant directement en relation les investisseurs avec des opportunités structurées et bancables à travers le continent.

Lors de l’AEW 2025, la Deal Room de Premier Invest a présenté environ 13,4 milliards de dollars d’opportunités énergétiques couvrant des projets en amont, en milieu de chaîne, en aval et dans les énergies renouvelables, soulignant l’ampleur et la diversité du pipeline d’investissements africain. La session attire systématiquement une forte participation de sociétés de capital-investissement, de family offices, de sociétés de négoce et de financiers régionaux.

Dirigée par son fondateur et associé gérant René Awambeng, Premier Invest conseille et structure des transactions sur l’ensemble de la chaîne de valeur énergétique africaine, mobilisant des capitaux auprès d’investisseurs mondiaux tout en renforçant son engagement auprès des institutions financières régionales. La société a obtenu sa licence auprès de l’Autorité de régulation des services financiers de l’Abu Dhabi Global Market en 2025, marquant ainsi une étape clé dans son expansion institutionnelle et son positionnement réglementaire. Depuis, elle a mis en place une structure de groupe élargie visant à renforcer les flux de financement du commerce et la facilitation des investissements sur les marchés émergents.

Plus récemment, Premier Invest a étendu sa présence au-delà du financement traditionnel de l’énergie vers des secteurs adjacents, notamment en développant son Fonds africain pour les infrastructures sportives, soulignant ainsi son intérêt croissant pour les plateformes d’investissement liées aux infrastructures qui complètent les stratégies de développement économique à long terme à travers le continent.

Lors de l’AEW 2026, la Deal Room devrait encore affiner son orientation vers la conclusion de transactions, en mettant davantage l’accent sur les sessions de suivi, la mise en relation des investisseurs et les formats de négociation structurés. La plateforme a également été reconnue pour son rôle dans la catalyse de transactions réelles et pour aider les projets à passer de la visibilité en phase de démarrage à la préparation des termes de l’accord.

« La Deal Room est le lieu où l’ambition énergétique de l’Afrique rencontre la mise en œuvre », a déclaré NJ Ayuk, président exécutif de la Chambre africaine de l’énergie. « Il s’agit de structurer des transactions, de mobiliser des capitaux et de faire avancer les projets. Son retour en 2026 renforce le rôle de l’AEW en tant que principale place de marché du continent pour l’investissement énergétique et la conclusion d’accords. »

Alors que l’AEW 2026 s’apprête à rassembler un éventail encore plus large d’investisseurs mondiaux et d’acteurs africains du secteur de l’énergie, la Premier Invest Deal Room devrait rester l’un des espaces phares de l’événement pour traduire les ambitions en résultats d’investissement concrets.

Pour plus d’informations, rendez-vous sur : https://apo-opa.co/4vcSlRh

Distribué par APO Group pour African Energy Chamber.

Islamic Development Bank Institute (IsDBI) and Asian Development Bank Institute (ADBI) Introduce Innovative Sukuk Mechanism to Expand Small and Medium-Sized Enterprises (SMEs) Access to Islamic Capital Markets

Source: APO – Report:

The Islamic Development Bank Institute (IsDBI) (www.IsDBInstitute.org) and the Asian Development Bank Institute (ADBI) have jointly unveiled a pioneering study proposing the Ṣukūk Enhancement Fund (SEF), an innovative mechanism designed to improve the risk profile of ṣukūk and expand access to capital markets, particularly for small and medium-sized enterprises (SMEs).

The report was launched during the 20th IsDB Global Forum on Islamic Finance, held on 17 June 2026 in Baku, Azerbaijan, in conjunction with the 2026 IsDB Group Annual Meetings.

Titled “Ṣukūk Enhancement Fund: A Sustainable, Cost-Efficient Scheme for Enhancing the Risk Profile of Ṣukūk,” the study addresses one of the most persistent challenges in Islamic finance: enabling SMEs to access long-term financing through capital markets despite limited credit history, perceived risk, and high issuance costs.

The proposed SEF introduces a mutualized risk-sharing mechanism through which participating ṣukūk issuers collectively contribute to a protection fund that enhances investor confidence without relying on external guarantees, government subsidies, or additional financing costs. By transforming fragmented issuer risk into a pooled protection framework, the model seeks to broaden market participation while preserving economic discipline and Sharīʿah compliance.

Commenting on the study, Dr. Sami Al-Suwailem, Acting Director General of IsDB Institute, said: “The Ṣukūk Enhancement Fund represents a practical innovation that aligns with the core principles of Islamic finance—risk sharing, real-economy linkage, and inclusion. We believe it can help unlock new opportunities for SMEs and deepen Islamic capital markets.”

Prof. Bambang P. Brodjonegoro, Dean of the ADBI, added: “SMEs remain the backbone of many developing economies, yet access to long-term finance continues to be a challenge. The SEF offers a promising approach to expanding financing opportunities through market-based Islamic finance solutions.”

Supported by extensive quantitative analysis and Monte Carlo simulations, the study demonstrates the resilience of the proposed framework across a range of stress scenarios. The findings suggest that the SEF can enhance market stability, broaden the issuer base, and facilitate greater participation in the ṣukūk market.

Beyond its role as a risk-mitigation tool, the report positions the SEF as a foundational component of Islamic capital market infrastructure, capable of supporting financial inclusion, private sector development, and sustainable economic growth across IsDB member countries and beyond.

The report is accessible on IsDBI website here: https://apo-opa.co/3Q7QDlb

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

Social media handles:
X (Twitter): https://apo-opa.co/3QIBXci
Facebook:  https://apo-opa.co/4uMNVzD 
LinkedIn:  https://apo-opa.co/4uEjZFC 

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

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Kaspersky: 35% of infostealer infections begin with users running files directly from temporary folders

Source: APO – Report:

New research by Kaspersky Digital Footprint (DFI) (www.Kaspersky.co.za) has discovered that more than one-third of infostealer infections start when users run files directly from temporary browser folders, showing that user behaviour remains a key factor behind credential theft. Just 32% of infostealer attacks use process injection and living‑off‑the‑land techniques — behaviour typical of advanced malware families. 

Kaspersky DFI researchers analysed 5 million infostealer log files discovered on the dark web in 2025. These logs, which contain data stolen from compromised devices such as account credentials, browser cookies and system metadata, also revealed the original locations of malicious files on infected machines. 

The most common location was the Windows temporary directory, C:UsersAppDataLocalTemp, which accounted for approximately 35% of all observed cases. This folder is commonly used to store files downloaded from the Internet before they are explicitly saved by a user: a significant share of infections occurs when users directly launch downloaded files, without attackers relying on sophisticated evasion techniques.  

The second most common location, responsible for about 32% of cases, was C:WindowsMicrosoft.NETFramework. This path is associated with process injection and living-off-the-land techniques, in which malware abuses legitimate system processes to evade detection. Such behaviour is commonly observed in more advanced infostealer families, including Lumma (https://apo-opa.co/4efwnHn). 

The analysis indicates that infections are often linked to two risky user actions: downloading software from untrusted sources and attempting to activate software illegally. In many cases, victims follow instructions provided by threat actors and disable security software before running malicious files. According to the research, many malicious files were disguised as legitimate software installers, activators or game modifications. While game mods remain a common lure, attackers frequently adapt the same techniques to distribute virtually any type of software.  

“Infostealers surged (https://apo-opa.co/4oxo3pT) in 2025, with infections rising 59% year over year. Our analysis shows that user behaviour remains a key factor behind many of these compromises. The volume of infostealers executed from temporary download folders suggests that users often launch them immediately after downloading. In many cases, attackers do not need sophisticated techniques, they simply need to convince a user to run a file,” said Sergey Shcherbel, expert at Kaspersky Digital Footprint Intelligence.  

Beyond behavioural traits, distinct naming patterns were also observed across infostealer families. Lumma tends to favour generic installer names, .NET obfuscation and process injection. Vidar, in turn, typically appears as Bootstrapper.exe variants relying on conventional loaders. Stealc follows a mixed strategy, using both meaningful names like Licence_Version_Loader.exe and randomly generated filenames. RisePro, by contrast, stands out through recurring conventions such as MPGPH.exe and MSIUpdater.exe. 

The full report is available here (https://apo-opa.co/4xE67OE). 

To reduce the risk of infostealer infections, Kaspersky recommends businesses do the following: 

  • Adopt a comprehensive digital risk protection service that monitors organisations’ digital assets and detects threats across the surface, deep and dark web such as Kaspersky Digital Footprint Intelligence (https://DFI.Kaspersky.com/). 
  • ​Provide your InfoSec professionals with an in-depth visibility into cyberthreats targeting your organisation. The latest Kaspersky Threat Intelligence (https://apo-opa.co/3SML38o) provides them with rich and meaningful context across the entire incident management cycle and helps them identify cyber risks in a timely manner. 

To stay safe users are recommended to: 

  • Download software only from official and trusted sources, avoiding pirated software, cracks, activators and unofficial installers. 
  • Use a strong security solution on all computers and mobile devices, such as Kaspersky Premium (https://apo-opa.co/4vUrWrA). It will warn you about potential threats and prevent infection. 
  • Manage sensitive data securely: avoid storing passwords or recovery phrases in your photo gallery or notes; instead, use a dedicated, trusted password manager such as Kaspersky Password Manager (https://apo-opa.co/4vSYt0Y). 
  • Never disable antivirus or security tools to install software and exercise caution when downloading game mods, cheats or third-party utilities. 
  • Keep operating systems and applications updated, use strong, unique passwords and enable multi-factor authentication wherever possible. 

– on behalf of Kaspersky.

For further information please contact:
Nicole Allman
nicole@inkandco.co.za

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About Kaspersky: 
Kaspersky is a global cybersecurity and digital privacy company founded in 1997. Innovating the industry with a Cyber Immunity approach, Kaspersky safeguards consumers, businesses, critical infrastructure, and governments from cyberthreats, with over a billion devices protected to date. Kaspersky ensures Cybersecurity True to Business, focusing on providing clear outcomes, protecting revenue, easing workloads and preventing downtime. Kaspersky’s deep threat intelligence and security expertise is constantly transforming into innovative solutions and services for organizations of every size, from small businesses to large enterprises, combining proven AI-driven protection technologies with simple management and expert support. Recognized in independent tests and trusted by millions of individuals worldwide and nearly 200,000 organizations, Kaspersky helps detect threats earlier, respond faster and operate with greater confidence and freedom, protecting what matters most to our clients. Learn more at www.Kaspersky.co.za. 

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GE Vernova powers Africa’s industrialization with integrated energy solutions

Source: APO – Report:

  • Delivering a comprehensive portfolio of energy solutions to accelerate Africa’s industrialization and economic growth.
  • Showcasing CERius™, an AI-powered decarbonization software that enables sustainable industry and global competitiveness.
  • Providing advanced grid-firming technologies to enable the reliability and stability of the continent’s energy systems.

In line with the Africa Energy Forum’s theme, ‘Building Africa’s industrialized Future,’ GE Vernova Inc. (NYSE: GEV) (www.GEVernova.com) today showcased its comprehensive portfolio of technologies engineered to translate large-scale infrastructure ambitions into operational reality. Success in this new industrial era requires a holistic approach, one that bridges the gap between power generation and industrial application. By integrating sustainable energy generation, advanced electrification systems, and digital decarbonization tools, GE Vernova aims to enable African industries to scale with precision, helping ensure that energy remains a reliable, affordable, and sustainable foundation for the continent’s economic transformation.

At the event, GE Vernova is demonstrating how digital intelligence is accelerating the energy transition (https://apo-opa.co/4aylxtK). In Tunisia, the state utility STEG, identified an opportunity to evaluate GE Vernova’s CERius™, a sophisticated digital platform that integrates artificial intelligence, advanced analytics, and digital twin technology to create a digital framework for emissions management. By moving from hardware-heavy monitoring to a software-driven digital framework, STEG is gaining real-time, auditable emissions data critical for aligning with international standards – including the EU’s Carbon Border Adjustment Mechanism (CBAM).

Validation at the Sousse B power plant confirmed the effectiveness of this digital approach. Beyond achieving high consistency in emissions monitoring, STEG anticipates that this software-driven shift will reduce related investment and maintenance costs by up to 50%. By enhancing traceability, this initiative supports Tunisia’s ambitious electricity export strategy to Europe, proving that data-driven decarbonization is a powerful catalyst for regional economic growth.

Alongside digital innovation, GE Vernova emphasized that as the continent accelerates its energy transition, the focus should shift from merely adding capacity to confirming grid infrastructure is inherently stable and resilient. To support this, the company released a new whitepaper at the event – “Spain’s 2025 Blackout Experience: Grid Firming Needs for Developing Power Systems with High-Renewable Penetration (https://apo-opa.co/4xRp28T).”

The paper’s core recommendation is that future grids must be engineered for resilience, not just energy delivery. To successfully scale renewable energy, African nations are encouraged to prioritize grid stability from the outset, applying lessons learned from the Iberian Peninsula to build power systems that are as reliable as they are sustainable. By integrating flexible, grid-forming technologies – such as aeroderivative gas turbines, synchronous condensers, and advanced power electronic – and by explicitly valuing grid-support services, Africa can leapfrog traditional infrastructure hurdles. This approach enables the development of a more reliable and sustainable power system capable of supporting long-term economic growth. For further strategic guidance on these shifts, GE Vernova’s white paper, “Ensuring Power System Stability in an Evolving Electrical Grid (https://apo-opa.co/43InKix), maps out the essential path for modernizing power systems.”

“Building Africa’s industrial future starts with getting the fundamentals right: power that is reliable, sustainable, and ready to scale,” said Joseph Anis, President and CEO of GE Vernova’s Gas Power business in Europe, Middle East, and Africa (https://apo-opa.co/43Cskin). “A modern, stable grid is the backbone of this vision. Our goal is to provide a complete toolkit – from the AI that manages decarbonization to the grid technology that keeps the system stable – and to partner with African leaders to make that future a reality.”

Building on over 125 years of collaboration across the continent, GE Vernova continues to support Africa’s energy evolution by delivering comprehensive power generation, transmission, and distribution solutions alongside critical software and community-focused initiatives. Through this deep-rooted presence, the company is actively fostering the technical self-sufficiency required to power the next generation of industrial growth.

– on behalf of GE Vernova.

Media Contact:
Winnie Gathage
Africa Communications & MEA Special Projects Leader
GE Vernova
winnie.gathage@gevernova.com

Social Media:
GE Vernova LinkedIn: https://apo-opa.co/4eqNh4D
GE Vernova Middle East & Africa LinkedIn: https://apo-opa.co/3QKcvmM

About GE Vernova:
GE Vernova Inc. (NYSE: GEV) is a purpose-built global energy company that includes Power, Electrification and Wind segments and is supported by its accelerator businesses. Building on over 130 years of experience tackling the world’s challenges, GE Vernova is uniquely positioned to help lead the energy transition by continuing to electrify the world while simultaneously working to decarbonize it. GE Vernova helps customers power economies and deliver electricity that is vital to health, safety, security, and improved quality of life. GE Vernova is headquartered in Cambridge, Massachusetts, U.S., with approximately 85,000 employees across approximately 100 countries around the world. Supported by the Company’s purpose, The Energy to Change the World, GE Vernova technology helps deliver a more affordable, reliable, sustainable, and secure energy future.

Learn more: www.GEVernova.com.

© 2026 GE Vernova and/or its affiliates. All rights reserved.
GE and the GE Monogram are trademarks of General Electric Company used under trademark license.

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