1. device image_250121

Samsung Galaxy S25 series sets the standard of AI phone as a true AI companion

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The Republic of Congo is on the cusp of a major economic transformation on the back of strong developments in the country’s energy sector.



The Republic of Congo is set to make transformative strides in its energy sector, with ambitious plans to double its natural gas production within the next 2-3 years. This growth promises to elevate the country’s position as a key regional energy player, attracting global attention and investment.



2025 Licensing Round Sparks Opportunity



A major milestone in this energy transformation is the official launch of the 2025 licensing round set to take place at the inaugural Congo Economic &amp; Investment Forum (CEIF) 2025 in March. The event will offer a platform for international and local stakeholders to explore the Republic of Congo’s vast energy opportunities. The government is keen to attract both large international oil companies (IOCs) – with the capacity to develop deepwater resources – and smaller, local firms focused on exploiting marginal fields. The licensing round is part of a broader strategy to boost the country’s oil production from 274,000 barrels of oil per day (bpd) to 500,000 bpd by 2027.



The Republic of Congo is developing deep and ultra-deep offshore fields, offering high-risk, high-reward opportunities. This initiative will attract capital and innovation, enabling smaller, local companies to partner with IOCs, access new technologies and reserves, and scale their operations to drive Congo&#8217;s energy transition.



Gas Legislation, Master Plan to Power Economic Growth



The government of the Republic of Congo is advancing critical gas-focused legislation, which will play a central role in enabling these projects. The introduction of a new gas code and the establishment of a National Gas Company are key moves set to attract investment into the gas sector, while a comprehensive gas master plan outline a clear roadmap for infrastructure development.



The Republic of Congo’s increasing focus on rural electrification is pivotal in bridging the energy gap between urban and rural regions. With electrification rates currently standing at just 12% in rural areas, the government’s efforts to bring electricity to underserved communities could change lives across the nation. The launch of micro-hydropower plants is one example of how the country is diversifying its energy sources to reach these remote areas.



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="1280" height="800" src="https://cms.cnbcafrica.com/wp-content/uploads/2025/01/CEIF-Logo.jpeg" alt="" class="wp-image-576788" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2025/01/CEIF-Logo.jpeg 1280w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/CEIF-Logo-300x188.jpeg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/CEIF-Logo-820x513.jpeg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/CEIF-Logo-144x90.jpeg 144w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/CEIF-Logo-768x480.jpeg 768w" sizes="auto, (max-width: 1280px) 100vw, 1280px" /></figure>



Congo’s Clean Energy Revolution



The Congolese government is also making strategic investments in downstream infrastructure, including new refineries and gas-to-power projects. The establishment of the Atlantic Petrochemical Refinery, in partnership with Beijing Fortune Dingheng Investment, is set to boost the country’s refining capacity, reduce reliance on imports and provide high-quality gasoline, diesel and liquefied petroleum gas for domestic consumption. For local companies in the petrochemical and logistics sectors, these projects present new opportunities for growth and innovation, particularly in areas like storage, transportation and distribution of refined products.



These initiatives are being complemented by the growth of solar energy projects across the country. With an average daily solar irradiance of 4.5 kWh per m2, the Republic of Congo has immense untapped potential for solar photovoltaic power.



Downstream Investments to Fuel Local Growth



The Congolese government is also making strategic investments in downstream infrastructure, including new refineries and gas-to-power projects. The establishment of the Atlantic Petrochemical Refinery, in partnership with Beijing Fortune Dingheng Investment, is set to boost the country’s refining capacity, reduce reliance on imports and provide high-quality gasoline, diesel and liquefied petroleum gas for domestic consumption. For local companies in the petrochemical and logistics sectors, these projects present new opportunities for growth and innovation, particularly in areas like storage, transportation and distribution of refined products.



As such, the ongoing push for a diversified energy mix, with an emphasis on natural gas, hydropower and solar energy, will foster a more inclusive energy ecosystem. Local players, empowered by new policies and partnerships with international firms, will have the opportunity to tap into the Republic of Congo’s vast reserves while supporting the country’s efforts to meet its ambitious production targets. The upcoming CEIF 2025 conference, scheduled for March 24-26 in Brazzaville, will serve as a pivotal platform to showcase these advancements. The forum aims to connect project developers with Congolese regulators and policymakers, facilitating new investments and partnerships in the country’s energy sector.

Congo Offshore

Congo’s Energy Transformation – Local Companies, Rural Electrification and the Future of Gas and Renewables

<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="547" src="https://cms.cnbcafrica.com/wp-content/uploads/2025/01/AEI24-Day1-0093-3-1-820x547.jpg" alt="" class="wp-image-575318" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2025/01/AEI24-Day1-0093-3-1-820x547.jpg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/AEI24-Day1-0093-3-1-300x200.jpg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/AEI24-Day1-0093-3-1-135x90.jpg 135w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/AEI24-Day1-0093-3-1-768x512.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/AEI24-Day1-0093-3-1.jpg 1000w" sizes="auto, (max-width: 820px) 100vw, 820px" /></figure>



Cape Town, South Africa, will be the center of Africa’s energy discussions as the <a href="https://africaenergyindaba.com/">Africa Energy Indaba</a> 2025 kicks off from March 4-6 next year. This flagship event is set to connect investors with an array of promising new and ongoing energy projects across Africa’s rapidly expanding energy landscape, making it an essential opportunity for those looking to make impactful investments in the continent’s energy sector.



With Africa’s energy demand expected to more than double by 2040, investment in sustainable, affordable, and reliable energy is paramount to driving economic and social development. The continent is home to some of the world’s fastest-growing economies, with increasing populations and rapid urbanization creating unprecedented demand for energy solutions. While Africa possesses vast renewable energy potential, it still requires substantial investment to unlock these resources and bring them to market, especially in solar, wind, and hydropower projects. By tapping into this emerging market, investors can participate in transformative projects that promise both financial returns and essential service delivery to millions across the continent.



A highlight of the 2025 event will be the newly introduced&nbsp;<a href="https://africaenergyindaba.com/events/energy-projects-dealroom/">Projects Dealroom</a>, an exclusive, focused space designed to facilitate access to project development opportunities. Here, investors, developers, and financiers will have the unique opportunity to engage in targeted discussions, review investment-ready projects, and build strategic partnerships. From large-scale renewable ventures to innovative electrification initiatives, the Projects Dealroom will offer a curated selection of high-impact opportunities that align with Africa’s push toward a more resilient, green energy future.



Africa Energy Indaba attendees will also gain access to cutting-edge insights into the latest advancements in energy technologies and infrastructure upgrades. The conference agenda features thought-provoking discussions led by industry experts and policymakers, addressing key issues and solutions for energy access, renewable adoption, and grid modernisation. Through these sessions, participants will gain the essential knowledge and market intelligence needed to navigate the complexities of the African energy landscape and make informed investment decisions.



The need for strategic financial commitments is more pressing than ever. Access to energy in sub-Saharan Africa remains one of the lowest in the world, with approximately 600 million people still living without electricity. Strategic investments in sustainable energy can be pivotal in addressing these gaps, driving economic growth, and improving quality of life for communities across the continent.



The Africa Energy Indaba 2025 offers investors a critical platform to not only gain a foothold in Africa’s growing energy market but to contribute to a brighter, more sustainable future for the region.



Don’t miss the chance to join industry leaders, financiers, and policymakers at the Africa Energy Indaba 2025. Register now to secure your place and explore investment opportunities that will shape Africa’s energy landscape for generations to come.

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Unlock Africa’s Energy Investment Potential at the Africa Energy Indaba 2025

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In a world increasingly driven by data and connectivity, the Internet of Things (IoT) has become a cornerstone of modern business operations. MTN Business, a leader in digital transformation, is at the forefront of this evolution with innovative IoT solutions designed to empower organizations across sectors. These solutions redefine how businesses approach utility management, fleet operations, and sustainability, enabling smarter, more efficient, and more sustainable practices.



Utility management is undergoing a dramatic transformation as sustainability and resource optimization take center stage. MTN Business has launched groundbreaking solutions like Smart Water and Smart Electricity, which leverage real-time data, advanced analytics, and seamless integration to enhance utility management across industries. Water scarcity and resource inefficiency are global challenges, but MTN Business Smart Water offers a pathway to smarter management. Using state-of-the-art smart meters, the solution provides real-time data on water consumption patterns. This data, accessible via a user-friendly visualization platform, empowers users—from municipalities to businesses—to detect leaks, optimize usage, and make informed decisions. The solution also integrates seamlessly with other systems, enabling large-scale resource optimization. Municipalities, for instance, can use aggregated data to plan infrastructure development, while businesses can lower costs and reduce wastage. Furthermore, Smart Water meters are equipped with over-the-air updates, ensuring continuous improvement without manual intervention.



Similarly, MTN Business Smart Electricity brings a transformation to energy management. At its core are smart meters that provide up-to-the-minute insights into electricity usage, enabling businesses and municipalities to optimize consumption, reduce costs, and minimize their carbon footprints. The advanced system includes tamper detection, high-load management capabilities, and a centralized dashboard for end-to-end monitoring. This ensures reliability and adaptability, making the solution suitable for diverse users—from small enterprises to entire cities.



In logistics and transportation, MTN’s Connected Fleet solution is a game-changer. This IoT-enabled platform offers real-time visibility into fleet operations, helping businesses improve safety, productivity, and cost-efficiency. Features like vehicle tracking, driver behavior monitoring, and fuel usage analytics allow for optimized routing and proactive maintenance. By enhancing fleet operations, MTN enables businesses to deliver superior customer experiences while reducing operational expenses.



A hallmark of MTN Business IoT solutions is their scalability and customization. Whether addressing the requirements of a small business or the complex needs of a municipality, MTN ensures our solutions align with specific operational goals. This flexibility is underpinned by the strength of MTN’s robust network, which over the last 30 years, has enabled reliable and secure connectivity, even in remote locations.



Additionally, sustainability is also at the core of MTN Business IoT solutions. By enabling efficient resource management, these solutions help businesses and municipalities contribute to broader environmental goals. For instance, Smart Electricity reduces energy waste, while Smart Water ensures optimal usage of a critical resource. Together, they support the development of smarter, more sustainable cities. MTN’s commitment to sustainability extends beyond technology. We collaborate closely with clients to tailor solutions that meet their unique challenges while promoting eco-friendly practices. These partnerships ensure that our IoT deployments not only deliver immediate benefits but also foster long-term growth and environmental stewardship.



MTN Business is shaping the future of IoT in Africa. Our solutions are not just about technology—they represent a vision for a connected, efficient, and sustainable world. By integrating cutting-edge innovations with reliable support and tailored approaches, MTN empowers businesses to thrive in the digital age.



For more information on MTN Business IoT Solutions, visit <a href="https://www.mtnbusiness.co.za/en/Pages/MTN-IOT-Products.aspx">www.mtnbusiness.co.za</a>

IoT landscape 1200×628 1

Driving Innovation and Sustainability: MTN Business IoT Solutions

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Davos, Switzerland – 13 January 2025 – As world leaders and business executives prepare to converge on Davos, Africa Collective is proud to unveil further details of its comprehensive programme for Davos 2025, happening from January 20 to 24. With the theme &#8220;Leading in 2025: From Regional Consolidation to Driving the Global Africa Agenda,&#8221; the initiative is set to elevate Africa&#8217;s presence on the global stage through a series of impactful sessions and networking opportunities.



<h2 class="wp-block-heading" id="h-leading-speakers-announced">Leading Speakers Announced</h2>



The programme will feature 50 expert speakers, including prominent leaders from the public and private sectors. Notable speakers include H.E. Wamkele Mene, Secretary General of the AfCFTA Secretariat; Prof. Benedict Oramah, President and Chairman of Afreximbank; Lutz Hegemann, President of Global Health and Swiss Country Affairs at Novartis; Sim Tshabalala, CEO of Standard Bank Group; Iain Williamson, Group CEO of Old Mutual; Kola Aina, Founding Partner of Ventures Platform; H.E. Enoch Godongwana, Minister of Finance of the Republic of South Africa; Sanda Ojiambo, CEO of United Nations Global Compact; H.E. Amani Abou-Zeid, Energy &amp; Digitalisation African Union Assistant Secretary-General; and H.E. Helene Budliger Artieda, Director of the State Secretariat for Economic Affairs (SECO) as State Secretary Commissioner for Infrastructure, among many others.



<h2 class="wp-block-heading" id="h-diverse-and-engaging-sessions">Diverse and Engaging Sessions</h2>



The weeklong Africa-focused programme will include a variety of sessions designed to foster collaboration and dialogue. Key events include a media reception that explores how international corporates and the media collaborate to shape the Global African narrative year-round and a Digital Network Africa Davos x Africa Collective Startup &amp; Investor lunch focusing on the topic ‘Navigating investment opportunities on the African continent in times of global uncertainty’. The thematic sessions will cover critical topics such as:



<ul class="wp-block-list">
<li>&#8220;Industrialisation as a Catalyst for Africa’s Economic Strategy: Enhancing Self-Sufficiency and Global Competitiveness&#8221; (Thematic Panel co-created with Afreximbank)</li>



<li>&#8220;A Continent on the Move: Paving the Way for Infrastructure Investment as a Catalyst for Economic Growth&#8221; (Thematic Panel co-created with Standard Bank)</li>



<li>&#8220;Building Toward Localisation: Driving Africa’s Innovative Capacity Through Partnership&#8221; (Thematic Panel co-created with Novartis)</li>
</ul>



Additionally, exclusive sessions from the Afreximbank Hub will offer deep dives into vital leadership, trade and investment topics on the continent.



<h2 class="wp-block-heading" id="h-africa-collective-hub-a-premier-venue">Africa Collective Hub: A Premier Venue</h2>



All programming will occur at the Africa Collective Hub, a weeklong presence within the centrally located Hard Rock Hotel Davos. The Hub features several key spaces designed for effective networking and collaboration:



<ul class="wp-block-list">
<li>Africa Collective Networking Area: Positioned in the lobby of the Hard Rock Hotel, this permanent and convenient space provides a setting for executives and businesses interested in African topics to meet informally and network.</li>



<li>Africa Collective Partner Lounge: A dedicated area for Africa Collective partners to meet in a comfortable and exclusive environment.</li>



<li>Glass Pavilion: A modern, open venue for hosting key sessions and events, fostering an atmosphere of transparency and engagement.</li>



<li>The Chapel: An iconic and distinctive space where the high-level closing panel and luncheon will be held, providing a memorable backdrop for critical discussions.</li>
</ul>



These thoughtfully designed spaces are tailored for productive engagements, ensuring a high-impact experience throughout the Davos week.



Building on the momentum of four successful presence in Davos since 2020, Africa Collective, along with Afreximbank and, the AfCFTA Secretariat, are set to deliver an expanded and more impactful series of pan-African-led activities at Davos 2025, enhancing Africa&#8217;s strategic engagement on the global stage.



For more information and updates on Africa Collective&#8217;s initiatives, please visit <a href="https://africacollective.com/davos2025/">https://africacollective.com/davos2025/</a>.



About Africa Collective &nbsp;



Africa Collective is an information, exchange and collaboration platform for Africa. Its network, events and publications are focused on advancing the African continent globally. Through its network, events, and publications, Africa Collective champions the continent’s interests and opportunities on the global stage. The African Continental Free Trade Area (AfCFTA) Secretariat has proudly supported the initiative as Patronage Partner from the beginning, while Africa Unlimited is the Management Partner. Together with key partners—including Afreximbank, Novartis, Standard Bank, Old Mutual, Ventures Platform Fund, ViaService, and INOKS Capital amongst others. Africa Collective combines forces, resources and existing initiatives to amplify Africa’s voice and advance its position on the global stage. 



Africa Collective was formed during a high-level business roundtable on Africa in Davos, Switzerland, at the time of the Annual Meeting of the World Economic Forum in January 2020. Based on the impactful discussions between pan-African and global leaders held on the occasion, Africa Collective was formally launched together with the AfCFTA Secretariat as a patronage partner and in the presence of H.E. Wamkele Mene, Secretary General of the AfCFTA Secretariat, at an inaugural luncheon held on 19 January 2023. &nbsp;



The platform is an all-year, pan-African initiative by and for private &amp; public sector players on the continent. Besides its yearly flagship representation in Davos since 2020, the platform has a strong presence at critical events in Africa and beyond, including the Africa CEO Forum, AfCFTA Business Forum “Biashara Afrika” and AfCFTA Intra-African Trade Fair.  &nbsp;



For more information, visit: <a href="http://www.africacollective.xyz/">www.africacollective.com</a> and <a href="https://www.linkedin.com/company/africacollective/?viewAsMember=true">LinkedIn Page</a> &nbsp;



About the African Continental Free Trade Area (AfCFTA) Secretariat &nbsp;



The AfCFTA is the world’s largest free trade area, bringing together the 55 countries of the African Union (AU) and eight (8) Regional Economic Communities (RECs). The overall mandate of the AfCFTA is to create a single continental market with a population of about 1.4 billion people and a combined GDP of approximately US$ 3.4 trillion. The AfCFTA is one of the flagship projects of Agenda 2063: The Africa We Want, the African Union’s long-term development strategy for transforming the continent into a global powerhouse. &nbsp;



The AfCFTA Secretariat coordinates and facilitates the implementation of the AfCFTA agreement among African states.  It also engages stakeholders to promote the AfCFTA and undertakes trade and investment promotion activities to enhance intra-African trade, among other duties. &nbsp;



For more information, visit: <a href="http://www.au-afcfta.org/">www.au-afcfta.org</a> &nbsp;



About Afreximbank &nbsp;



African Export-Import Bank (Afreximbank) is a Pan-African multilateral financial institution mandated to finance and promote intra-and extra-African trade. For 30 years, the Bank has been deploying innovative structures to deliver financing solutions that support the transformation of the structure of Africa’s trade, accelerating industrialization and intra-regional trade, thereby boosting economic expansion in Africa. A stalwart supporter of the African Continental Free Trade Agreement (AfCFTA), Afreximbank has launched a Pan-African Payment and Settlement System (PAPSS) that was adopted by the African Union (AU) as the payment and settlement platform to underpin the implementation of the AfCFTA. &nbsp;



Working with the AfCFTA Secretariat and the AU, the Bank is setting up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2023, Afreximbank’s total assets and guarantees stood at over US$37.3 billion, and its shareholder funds amounted to US$6.1 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody’s (Baa1), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB). Afreximbank has evolved into a group entity comprising the Bank, its impact fund subsidiary called the Fund for Export Development Africa (FEDA), and its insurance management subsidiary, AfrexInsure (together, “the Group”). The Bank is headquartered in Cairo, Egypt. &nbsp;



For more information, visit: <a href="http://www.afreximbank.com/">www.afreximbank.com</a> &nbsp;



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<hr class="wp-block-separator has-alpha-channel-opacity"/>



Media Contact Neo Khumalo



Communications Manager



Telephone:&nbsp;+41 (0)22 788 42 77



Web:&nbsp;<a href="http://www.africaunltd.com/">www.africaunltd.com</a>



E-mail:&nbsp;<a href="mailto:neo.khumalo@africaunltd.com">neo.khumalo@africaunltd.com</a>

TDU04034 (1)

Africa Collective Unveils Details for Davos 2025 Programme

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<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="380" src="https://cms.cnbcafrica.com/wp-content/uploads/2025/01/250107_CC25_03_CNBC_Header-820x380.png" alt="" class="wp-image-572828" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2025/01/250107_CC25_03_CNBC_Header-820x380.png 820w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/250107_CC25_03_CNBC_Header-300x139.png 300w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/250107_CC25_03_CNBC_Header-160x74.png 160w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/250107_CC25_03_CNBC_Header-768x356.png 768w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/250107_CC25_03_CNBC_Header-1536x711.png 1536w, https://cms.cnbcafrica.com/wp-content/uploads/2025/01/250107_CC25_03_CNBC_Header.png 2048w" sizes="auto, (max-width: 820px) 100vw, 820px" /></figure>



Cape Town, South Africa – [7.01.2025] – Following strong response to the announcement of Counder Conference 2025, momentum continues to build for this gathering of&nbsp;top global investors coming together to connect &amp; collaborate on new trends.



Happening in just 3 weeks from today in Cape Town, South Africa, the event reinforces the Mother City’s emerging role as a great connection point between global capital and new markets.



The conference is already gaining recognition for its unique approach in fostering trusted connections &#8211; by bringing decision makers together from all around the world in a new, unique environment for a multi-day event.



Drawing comparisons to many world leaders meeting every year since decades in Davos, Switzerland, Counder Conference offers its own, distinctive character under the African sun in the beautiful environment of Cape Town: by looking ahead and embracing change, by highlighting new ideas, markets and sectors and by finding collaborative ways for positive developments.



Choosing Cape Town as a ‘Davos in the Sun’ to gather, Counder Conference is deliberately situated on the Southern Hemisphare and on the continent of Africa, embracing new environments, new markets and new opportunities in a changing world.



This year&#8217;s event,&nbsp;taking place from January 29-31,&nbsp;is set to convene a carefully curated group of just&nbsp;500 high-profile attendees, including global investors, family offices, and industry leaders. The central theme,&nbsp;&#8220;Trusted Connection in Cape Town. Investing in New Markets,&#8221;&nbsp;underscores Counder&#8217;s commitment to exploring opportunities in both established and new regions and markets, while fostering trusted connections amongst investors &amp; industry leaders from around the world.



The Power of a Collective Vision



At the heart of Counder&#8217;s vision is the Counder Collective, a dynamic network of global investors, family offices, and industry leaders. This community is built on&nbsp;trust, collaboration, and a shared commitment to driving meaningful change across industries and markets that will shape the future of society.



Counder Conference serves as a crucial focal point for this collective, providing an environment where meaningful relationships can naturally evolve into collaborations on important topics.



Counder&#8217;s dedication to in-person connections and firsthand insights&nbsp;is evident in the selection of fantastic, local venues and the invitation/application-only approach for the conference. The event will commence at the&nbsp;German Residence in Bishopscourt, offering a refined environment for dialogue. The main conference day will be hosted at the&nbsp;Norval Foundation, a renowned cultural landmark in Tokai. The conference will conclude at&nbsp;The Lawns, a scenic venue overlooking the Atlantic Ocean in Camps Bay. These venues and programming focusing on interaction are carefully selected to encourage dialogue and foster the transformation of ideas into real partnerships.



Distinguished Speakers and Attendees



The conference&#8217;s growing momentum is also evident in the high-profile list of speakers, experts and attendees from investors to entrepreneurs and from philanthropists to industry leaders. A selection includes:



<ul class="wp-block-list">
<li>Ryan Rockefeller (CEO of Rising Tide Energy &amp; Private Investor)</li>



<li>Fedor Holz&nbsp;(World Series of Poker Champion &amp; Investor)</li>



<li>Tshepo Mahloele&nbsp;(Co-Founder of Harith Financiers)</li>



<li>Aguil Deng&nbsp;(Corporate Philanthropy lead at Bloomberg LP)</li>



<li>Tom Boardman&nbsp;(Non-Executive Director at African Rainbow Capital)</li>



<li>Dr. Michael Jordaan&nbsp;(CEO of Montegray Capital)</li>



<li>Kuseni Dlamini&nbsp;(Chairman of Massmart &amp; Aspen Pharma)</li>



<li>Eric Idiahi&nbsp;(CEO of Evercorp Industries)</li>



<li>Mato Perić&nbsp;(Serial Entrepreneur &amp; Investor)</li>
</ul>



The conference will also host partners of international funds, family offices, and businesses such as Ringier, Schauenburg, Schwarz, Vogel, Persson, Rockefeller, Novastar Ventures, Norrsken22, TLCom, Grey Heron Venture Partners, E4E, 4Di Capital, and Monkfish Equity, amongst many others.



Building the Future of Investment in New Markets &amp; Trends



With its emphasis on personal connections, curated experiences, and a focus on new markets and trends, Counder is setting the stage for a new era of international and collaborative investment. The conference&#8217;s focus on building a collective of investors to explore and invest in new markets together, has been a core driver for the growth of the event.



The support of Host Partner, Carlsquare, and Lead Media Partner, CNBC Africa, as well as many other renowned organisations within the investment world, further underscore the significance of the event.



For more information about the Counder Conference 2025 and to find information on how to participate, please visit&nbsp;<a href="https://counder.com/conference/" target="_blank" rel="noreferrer noopener">https://counder.com/conference/</a>.



About Counder:



Counder is building a collective uniting global investors, family offices, and industry leaders who understand that genuine human connections are crucial in a world undergoing unprecedented transformation. Counder serves as a catalyst for those who recognize that navigating future opportunities and challenges requires trust, collective wisdom, and deep relationships.&nbsp;With a growing track record of successful collaboration between its members, the company is transforming how global capital collaborates on emerging trends. Headquartered in Cape Town, positioning itself at the heart of emerging markets, Counder&#8217;s approach combines global expertise with local insights and connections, offering investors access to exclusive opportunities. Through exclusive events, partnerships, and collaborative initiatives, members gain access to profound insights, cutting-edge trends, and actionable strategies.

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Just 3 Weeks to Go: Counder Conference 2025 Loading

<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="410" src="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/004-kv-product-galaxy-zfold6-main-OOH-horizontal-1-820x410.jpg" alt="" class="wp-image-567089" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/004-kv-product-galaxy-zfold6-main-OOH-horizontal-1-820x410.jpg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/004-kv-product-galaxy-zfold6-main-OOH-horizontal-1-300x150.jpg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/004-kv-product-galaxy-zfold6-main-OOH-horizontal-1-160x80.jpg 160w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/004-kv-product-galaxy-zfold6-main-OOH-horizontal-1-768x384.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/004-kv-product-galaxy-zfold6-main-OOH-horizontal-1-1536x768.jpg 1536w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/004-kv-product-galaxy-zfold6-main-OOH-horizontal-1-scaled.jpg 2048w" sizes="auto, (max-width: 820px) 100vw, 820px" /></figure>



JOHANNESBURG, South Africa – 13 December 2024 – Today’s smartphones need to do more than ever. From simple communication to content creation and complex workflows, the smartphone has quickly become a hub for working life. With the Galaxy Z Fold6, Samsung gives users access to a variety of powerful productivity features, putting the power of a PC in your pocket.



And now, with the integration of Galaxy AI, these productivity features are intelligently optimised, making the most of the unique foldable form factor to maximise performance when working from anywhere, more especially for small and mid-size businesses (SMBs).



<h2 class="wp-block-heading" id="h-ai-powered-productivity-for-smbs-on-the-large-screen">AI-Powered Productivity for SMBs on the Large Screen</h2>



<ul class="wp-block-list">
<li>Maximised Productivity: Galaxy AI enables more efficient work with features such as Note Assist, Browsing Assist and Transcript Assist, across areas including meeting recaps and research projects. New S Pen Assist also offers shortcuts to intuitive AI capabilities with just a few simple gestures.</li>
</ul>



<ul class="wp-block-list">
<li>Barrier-Free Communication: Collaboration and communicating with people from any background is made easy with Interpreter, Chat Assist and Live Translate, removing language barriers and helping to accelerate business at a global level. Use Interpreter in dual-screen mode to communicate clearly in your own language in real-time when meeting international colleagues.</li>
</ul>



<ul class="wp-block-list">
<li>Seamless Search: Circle to Search in partnership with Google helps deliver more productive searches and intuitive presentation of results using the large, dual screen format.</li>
</ul>



<ul class="wp-block-list">
<li>Flexible Form: With FlexMode, efficient video conferencing is enabled and enhanced further with new interpreter dual screen experience.</li>
</ul>



<h2 class="wp-block-heading" id="h-advanced-device-security-and-data-privacy">Advanced Device Security and Data Privacy</h2>



One of the most important questions that Samsung is asked by business people is whether it safe to use AI at work? And the answer to that is simple: Mobile AI is&nbsp;<a href="https://insights.samsung.com/2024/03/06/mobile-ai-shapes-the-future-of-smart-devices/?cid=com-btb-sky-blg-us-other-na-100219-112001-na-na-na&amp;attributioncampaignid=7011Q000001VMa2QAG" target="_blank" rel="noreferrer noopener">shaping the future of smart devices</a>. Business leaders rightfully have concerns about security and privacy with AI in the workplace. However, as AI proliferates &#8211; so do its security features, thanks to the mobile security innovations from Samsung.



For Samsung, keeping&nbsp;<a href="https://insights.samsung.com/2024/03/06/mobile-ai-shapes-the-future-of-smart-devices/?cid=com-btb-sky-blg-us-other-na-100219-112001-na-na-na&amp;attributioncampaignid=7011Q000001VMa2QAG" target="_blank" rel="noreferrer noopener">AI secure for businesses</a>&nbsp;centres on having the right data security measures and architecture in place to provide both on-device and cloud protection. <a href="https://www.samsung.com/us/business/solutions/samsung-knox/?cid=com-btb-sky-blg-us-other-na-100219-112001-na-na-na&amp;attributioncampaignid=7011Q000001VMa2QAG" target="_blank" rel="noreferrer noopener">Samsung Knox</a>&nbsp;can accomplish all of that and continuously manage it, so you and your team can use Live Translate and Note Assist as well as all the other exciting features Galaxy AI has to offer with confidence and without hindrance.



With On-device AI &amp; Knox Service: Users can now select the ‘on-device only’ option in settings for better security. Plus, Knox Service Plug-in is available for major EMMs (Enterprise Mobility Management), allowing the use of the Knox platform for enterprise features.&nbsp;



Galaxy Z Fold6 offers plenty of additional features that make them go-to devices for SMBs. These include Microsoft integrations, Google Meet Live Sharing and the ability to store payment cards, digital IDs and more with Samsung Wallet. In the meantime, AI innovations will continue to unfold — and using foldables may be the best way to experience them.



For more information, visit&nbsp;<a href="http://www.samsung.com/za">www.samsung.com/za</a>. The recommended retail prices for Samsung Galaxy Foldable devices and accessories are as follows:



•&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Galaxy Z Fold6 512 GB – R49 999



•&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Galaxy Z Fold6 256 GB – R46&nbsp;999

004-kv-product-galaxy-zfold6-main-OOH-horizontal (1)

Galaxy AI For Business: Empowering SMBs to do more with less time & effort by leveraging powerful AI in a secure environment

<div class="wp-block-image">
<figure class="aligncenter size-large"><img loading="lazy" decoding="async" width="564" height="800" src="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/IMG-20241217-WA0007-564x800.jpg" alt="" class="wp-image-567040" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/IMG-20241217-WA0007-564x800.jpg 564w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/IMG-20241217-WA0007-211x300.jpg 211w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/IMG-20241217-WA0007-63x90.jpg 63w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/IMG-20241217-WA0007-768x1090.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/IMG-20241217-WA0007-1082x1536.jpg 1082w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/IMG-20241217-WA0007-scaled.jpg 1443w" sizes="auto, (max-width: 564px) 100vw, 564px" /></figure></div>


The Rwanda Film Office (RFO) has unveiled its Creative Grants Initiative, providing €360,000 in funding to support Rwandan filmmakers.



This initiative, accessible at <a href="https://rdb.rw/creative-grants-initiative-2024/">https://rdb.rw/creative-grants-initiative-2024/</a> , is supported by the Rwanda Development Board (RDB), the Organisation Internationale de la Francophonie (OIF), and the ACP-EU. It will provide funding for two production support projects and two post-production support projects.



The Creative Grants Initiative aims to empower individual filmmakers, film-related NGOs, and production companies, enabling them to advance their projects and contribute to the growth of Rwanda’s audiovisual sector.



Rwanda’s audiovisual sector is a vital contributor to job creation and revenue generation while promoting the country&#8217;s culture and enhancing its global visibility.



The RFO, established at RDB in 2019, continues to streamline services for the film and audiovisual industries, with the ambition to position Rwanda as a premier film destination on the continent.



With the support of partners such as GIZ and OIF, the office is entering a new phase of growth, emphasizing innovation and professional development within the sector.



The Creative Grants Initiative has been designed in consultation with the RFO Advisory Committee, ensuring it aligns with the needs of Rwanda’s film professionals.



The selection process will include input from local industry experts to identify and support the most promising projects.

IMG-20241217-WA0007

Rwanda Film Office Launches Creative Grants Initiative 2024 with €360,000 to Support Filmmakers

<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="460" src="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/AdobeStock_1104449386-Cyber-Security-Image-for-article-820x460.jpg" alt="" class="wp-image-565228" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/AdobeStock_1104449386-Cyber-Security-Image-for-article-820x460.jpg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/AdobeStock_1104449386-Cyber-Security-Image-for-article-300x168.jpg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/AdobeStock_1104449386-Cyber-Security-Image-for-article-160x90.jpg 160w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/AdobeStock_1104449386-Cyber-Security-Image-for-article-768x430.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/AdobeStock_1104449386-Cyber-Security-Image-for-article-1536x861.jpg 1536w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/AdobeStock_1104449386-Cyber-Security-Image-for-article-scaled.jpg 2048w" sizes="auto, (max-width: 820px) 100vw, 820px" /><figcaption class="wp-element-caption">#BusinessDoneBetter with Cyber Security Solutions from MTN Business</figcaption></figure>



In today’s interconnected world, where technology underpins virtually every business operation, the threat of cybercrime has become increasingly significant. Cyberattacks are not only growing in frequency but are also becoming more sophisticated, making robust cybersecurity a critical necessity for organizations of all sizes. At MTN Business, we understand the scale of this challenge and are dedicated to equipping businesses with the tools and strategies needed to secure their digital futures.&nbsp;



The rapid pace of digital transformation has created both opportunities and vulnerabilities for businesses. While technology advances drive efficiency and innovation, they also expose organizations to cybercriminals who exploit weaknesses in systems, networks, and even human behavior. Cyber risks range from ransomware attacks on critical infrastructure to phishing schemes that compromise sensitive data, with potential consequences that are both pervasive and costly.&nbsp;



As businesses adopt cloud computing, IoT, and artificial intelligence (AI) to maintain their competitive edge, their cybersecurity requirements grow increasingly complex. Threat actors, too, are leveraging AI and quantum computing to create sophisticated tactics capable of bypassing traditional defenses. For instance, AI-powered cyberattacks can exploit vulnerabilities faster than many organizations can respond, highlighting the necessity of proactive defense strategies. Cyber resilience provides a solution to these challenges, focusing on preparing for, responding to, and recovering from cyber incidents while minimizing disruption and ensuring business continuity. At MTN Business, we champion a holistic approach to cybersecurity that integrates people, processes, and technology.&nbsp;



Proactive defense mechanisms, such as real-time threat detection, incident response planning, and endpoint protection, are critical in today’s evolving threat landscape. Managed solutions, like those provided by MTN, ensure that threats are identified and neutralized before causing harm, supported by expert guidance and continuous monitoring. Building awareness among employees is equally important, as human error remains a leading cause of security breaches. Regular training helps employees recognize phishing attempts, manage sensitive data responsibly, and adhere to security protocols, strengthening the first line of defense against cyberattacks.&nbsp;



Cutting-edge technologies, including AI and machine learning, enable businesses to predict and counter threats more effectively. MTN’s AI-driven cybersecurity solutions provide real-time analytics and monitoring, empowering organizations to stay ahead of attackers and maintain operational confidence. Effective incident response and recovery strategies play a pivotal role in minimizing the impact of breaches. MTN’s Security Operations Centre operates around the clock, offering clients tailored response plans, digital forensics, and robust communication strategies to ensure business continuity and mitigate reputational risks.



Certain industries are however, more susceptible to cyberattacks due to the critical nature of the data they handle or the services they provide. Healthcare organizations, for instance, are prime targets for ransomware attacks due to the sensitivity of patient data. Financial services are similarly attractive to cybercriminals because of the high volume of financial transactions and sensitive information involved. Additionally, critical infrastructure sectors, such as energy and water utilities, face unique risks, as successful attacks could have far-reaching consequences for society. Addressing these vulnerabilities requires tailored cybersecurity solutions that consider the unique challenges of each industry.&nbsp;



As businesses navigate the complexities of the digital era, the significance of cybersecurity extends beyond asset protection. It is also essential for fostering trust with customers, partners, and stakeholders. MTN Business aims to be a trusted partner in this journey, providing end-to-end security solutions that empower organizations to innovate without compromising their safety. Our offerings, including managed firewalls, enterprise mobility management, cloud security, and data encryption, are designed to adapt to an ever-changing threat landscape. By partnering with globally recognized providers such as Cloudflare, MTN ensures access to best-in-class technologies while tailoring these solutions to meet local business needs.&nbsp;&nbsp;



Addressing cybercrime requires collective effort. Businesses must prioritize cybersecurity at the executive level, allocate resources for continuous improvements, and cultivate a culture of accountability and awareness. Cyber resilience is an ongoing journey rather than a one-time investment. By working together, we can build a safer, more innovative future for everyone.&nbsp;



For more information on MTN Businesses Cyber Security solutions, visit&nbsp;<a href="https://www.mtnbusiness.co.za/en/Security-as-a-service/Pages/default.aspx" target="_blank" rel="noreferrer noopener">www.mtnbusiness.co.za</a>&nbsp;&nbsp;

Yellow Digital Padlock with Binary Code: AI Encryption and Cyber

Cyber Resilience in the Digital Age: A Call to Action for Business Leaders

<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="547" src="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/DSC4167-Enhanced-NR-820x547.jpg" alt="" class="wp-image-565126" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/DSC4167-Enhanced-NR-820x547.jpg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/DSC4167-Enhanced-NR-300x200.jpg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/DSC4167-Enhanced-NR-135x90.jpg 135w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/DSC4167-Enhanced-NR-768x512.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/DSC4167-Enhanced-NR-1536x1024.jpg 1536w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/DSC4167-Enhanced-NR-scaled.jpg 2048w" sizes="auto, (max-width: 820px) 100vw, 820px" /><figcaption class="wp-element-caption">The Future Minerals Forum brings together governments, international organizations, and stakeholders to collectively shape the future of minerals.</figcaption></figure>



The global demand for minerals is surging, fuelled by the transition to clean energy and the rise of advanced technologies.



The&nbsp;Future Minerals Forum (FMF), held in Riyadh, Saudi Arabia, has become the epicenter for shaping global mineral strategies. Its latest report,&nbsp;“Shaping the Future of Minerals”, sheds light on the challenges and opportunities facing the sector.



The report, developed with contributions from Wood Mackenzie, CRU, Clareo, GlobalAI and the Baker Institute, reveals an urgent reality: the world needs&nbsp;$5.4 trillion in mineral investment by 2035&nbsp;to sustain and expand mining and processing capacity. This figure is a call to rethink global minerals supply.



Minerals are essential for global development and the transition to electrification. But the report highlights a daunting challenge: mineral demand for renewable energy and manufacture of electric goods, and powering the AI revolution is outpacing the supply chain’s ability to deliver these materials. For instance, lithium processing alone is projected to grow fifteenfold by 2040, but infrastructure and resource depletion threaten supply stability.



Patrick Barnes,&nbsp;Global Head of Metals and Mining Consulting at Wood Mackenzie, highlighted the sector&#8217;s challenges, “The effort to de-risk supply chains and, in parallel, accelerate the energy transition represents an opportunity for a lot of investment – not just in mines but in the midstream and downstream of these minerals. Emerging markets, particularly in Asia-Pacific, Latin America, and Sub-Saharan Africa, are poised to capture over 40% of global mineral capital investment, a dramatic shift in capital flows and geopolitical priorities.”



Despite challenges, there is significant economic potential for countries investing in mineral value addition. Nations like Indonesia have successfully transitioned from raw mineral exporters to leading players in processed commodities like nickel. This transformation is a blueprint for other resource-rich regions.



The report also challenges traditional extractive practices, urging a shift towards shared value creation. Historically, mining has been criticized for its &#8220;extract-and-ship&#8221; or “pit-to-port” mindset, which often sidelines local economic development. But as resource nationalism grows and societal expectations shift, mining companies face increasing pressure to balance profits with community benefits. “The focus on critical minerals has opened up the debate of role of mining in society more generally. It’s focus is now on how we make mines can contribute to development more broadly,” explained Mark Cutifani, Chairman at Vale Base Metals. “We need local communities to see us as partners, and we want them to benefit from the development of mines. it’s not a matter of engagement; it’s involvement.”



This sentiment is echoed across the sector, with shared value creation emerging as a cornerstone for sustainable development. Aldo Pennini, FMF Director for Strategy and Content adds, “The Future Minerals Forum brings countries together at a time when the world is fragmenting, putting forward practical actions for minerals to make a bigger contribution to host communities, national economies, and global development.”



Governments and companies must collaborate to create frameworks that ensure shared prosperity. Peter Bryant,&nbsp;Board Chair of Clareo, stressed: “Government plays a key role in creating shared value by providing the springboards to investment and not being overly prescriptive.”



The report outlines strategies for achieving this:



<ul class="wp-block-list">
<li>Targeted investment: Policymakers should prioritize projects that align with national competitiveness and market dynamics. For example, Indonesia’s ban on raw nickel exports led to a thriving domestic processing industry.</li>



<li>Public-Private Partnerships: Collaborative models like Anglo American’s regional development initiatives highlight the potential for multi-sectoral impact.</li>



<li>ESG-driven approaches: From water recycling to community engagement, sustainable practices are essential to addressing the growing scrutiny of the mining sector.</li>
</ul>



Ali Al-Mutairi, FMF’s Executive Director, emphasises the importance of action: “The minerals industry is at a turning point. Companies are taking on the responsibility of fostering shared value through deeper stakeholder collaboration.”



The Future Minerals Forum plays a crucial role in shifting perceptions about the mining industry. The energy transition will depend heavily on minerals, and unlocking the required funds demands collaboration and a shared vision.



This transformative era of minerals offers challenges and immense opportunities to reshape the global mineral landscape for the better. The question now is whether stakeholders will seize the moment to ensure that mineral wealth truly benefits all.

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Shared Value Creation: A Turning Point for the Mineral Industry

<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="596" src="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Esha-Mansingh_landscape-820x596.jpg" alt="" class="wp-image-563982" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Esha-Mansingh_landscape-820x596.jpg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Esha-Mansingh_landscape-300x218.jpg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Esha-Mansingh_landscape-124x90.jpg 124w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Esha-Mansingh_landscape-768x559.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Esha-Mansingh_landscape-1536x1117.jpg 1536w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Esha-Mansingh_landscape.jpg 1815w" sizes="auto, (max-width: 820px) 100vw, 820px" /><figcaption class="wp-element-caption">Esha Mansingh, Head: Corporate Affairs &amp; Sustainability for sub-Saharan Africa at DP World</figcaption></figure>



Sub-Saharan Africa is a rapidly growing market with vast potential to reshape the global trade landscape and drive holistic, positive change for communities that rely on trade as the lifeblood of access to quality products and services. Its pivotal impact makes everyday life better for millions of people in the region.



In June, DP World released the findings of its independently commissioned Socio-Economic Impact Assessment (SEIA) reports, prepared by Accenture, which reveal that the company created direct and indirect value of USD 6,75 billion (₦3,46 trillion) in Nigeria and USD 6,24 billion (R111,9 billion) in South Africa during its 2022 and 2023 financial years.



The SEIA report provides a comprehensive analysis of how DP World’s logistics, trade and infrastructure projects have impacted economic drivers such as job creation, economic growth, healthcare, resource efficiency and community development. The report highlights the substantial direct and indirect socio-economic benefits of DP World’s operations in Nigeria and South Africa despite macro-economic challenges such as the COVID-19 pandemic, ensuring that the organisation leaves a lasting impact for good on the communities in which it operates.



&#8220;In these challenging times, our commitment to sustainable development and community well-being is more critical than ever,” said Esha Mansingh, Head: Corporate Affairs &amp; Sustainability for sub-Saharan Africa at DP World. “Our efforts in Nigeria and South Africa have not only supported direct and indirect jobs and improved healthcare access but have also strengthened supply chains and facilitated trade, laying the foundation for long-term economic stability and growth. We believe that our resilience and innovation are key to transforming the regions and communities in which we operate.”



In sub-Saharan Africa, DP World employs more than 28,000 people and operates across 48 markets. Its presence in the region, through its significant logistics, market access, and ports and terminals capabilities, is marked by DP World’s commitment to developing the continent and improving people’s lives through access to quality food, medicine, fuel, and many other necessities.



DP World plays a key role in connecting Africa to the world. The company invests in infrastructure, technology and talent to empower businesses, drive sustainable growth and shape the continent&#8217;s trade narrative.



Despite a challenging macroeconomic environment impacted by volatile commodity prices, high inflation, and geo-political tensions, DP World showed good progress over the reported period through the innovation and resilience of its people, and embedding sustainability throughout operations in both countries.



Mansingh stated, “We are proud to have sustained 19,000 direct jobs across the two countries and have solidified our market presence through strategic acquisitions that widen our business reach. We acknowledge the interconnectedness of the region and are intentional about widening connectivity throughout the continent for our customers.”



The organisation’s impact on communities transcends job creation and access to goods and services; it encompasses a commitment to catalysing positive transformation and effecting tangible social change in the markets in which it operates. This includes initiatives ranging from providing accessible healthcare solutions in underserved communities to leading efforts aimed at enhancing infrastructure and stimulating development.



In Nigeria, the company operates road freight, logistics warehousing, and Market Access Consumer and Healthcare businesses, managing over 17,000 sqm of healthcare warehousing, 28,000 healthcare outlets, and 240,000 distribution points.



In South Africa, DP World provides freight forwarding, bulk transport, contract logistics, and 4PL services, with a fleet of 4,250 vehicles, and over 719,250 sqm of managed warehouse space.



In South Africa alone, DP World’s initiatives have improved access to healthcare solutions in underserved communities, driving savings of USD 11 million for patients.



The trade landscape cannot thrive without a conducive and sustainable environment – which has been made all the more urgent as the world acknowledges the impact of climate change. Natural resources have become increasingly strained, placing an obligation on the shoulders of businesses to lower their carbon emissions and create sustainable practices in their operations.



DP World globally is advancing its decarbonisation strategy, targeting a 42% reduction in Scope 1 and 2 carbon emissions and 28% reduction in Scope 3 carbon emissions by 2030, and net-zero across all scopes by 2050.



Greenhouse gas emissions are grouped into three scopes, the first being emissions that are owned by the company such as from the burning of fuel in fleet. Scope 2 emissions arise from electricity use and Scope 3 emissions are indirect emissions incurred in the value chain because of the company’s activities.



By actively pursuing opportunities to minimise its environmental impact and promote efficient use of natural resources, DP World continuously embraces innovation across various fronts, including fleet management, alternative fuels, and water and waste recycling initiatives.



In South Africa, over the reporting period, this included achieving a 4,911-tonne reduction in emissions by recycling and using solar energy; a 4,911 MWh reduction in grid electricity using solar energy; and 2,2 million litres reduction in water usage through re-use initiatives. Fuel efficiency improvements for the commercial fleet continues to be a priority focus area.



In Nigeria, DP World demonstrated its resource efficiency through adding 150 new Euro 3 specification trucks, realising an 8% fuel efficiency improvement against Euro 2 equivalents.



Mansingh added, “In the broader trade ecosystem, our suppliers have the unique opportunity to harness the strength of DP World’s globally recognised brand and expansive international presence to fuel their own business growth. Through our procurement activities, we have not only reinforced their financial stability but also empowered them to scale and thrive within a highly competitive market.”



DP World has invested c. USD 3 billion in ports and logistics in Africa to date, including the acquisition of JSE listed Imperial Logistics in 2022 &#8211; a testament to the&nbsp;organisation’s&nbsp;long-term commitment to the region. Looking ahead, DP World remains&nbsp;committed to furthering&nbsp;its&nbsp;impact in Africa, with an additional c. USD&nbsp;3 billion investment in ports infrastructure and logistics development planned over the next 3&nbsp;to&nbsp;5 years. These investments will not only enhance&nbsp;DP World’s&nbsp;operational capabilities but also contribute to economic development across the continent.



DP World operates within a complex business ecosystem of external stakeholders, including governments, regulatory bodies, industry associations, shareholders, and financial institutions. By maintaining strict compliance with local regulations and fostering collaborative relationships with regulatory authorities, the company mitigates risks while building trust and transparency across its markets.



Mansingh concluded: “Recognising the deeply interconnected nature of regional economies, DP World understands that its influence extends beyond national borders, shaping the economic landscape of neighbouring countries. With a strategic focus on enhancing connectivity across Africa, we are committed to driving seamless trade flows and unlocking transformative opportunities for all stakeholders involved, creating a more integrated and prosperous future for the continent.”

Esha Mansingh_landscape

Changing what’s possible, and creating positive impact in sub-Saharan Africa’s trade environment

<div class="wp-block-image">
<figure class="aligncenter size-full is-resized"><img loading="lazy" decoding="async" width="442" height="490" src="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Linda-Oniwe.png" alt="" class="wp-image-562892" style="width:440px;height:auto" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Linda-Oniwe.png 442w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Linda-Oniwe-271x300.png 271w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Linda-Oniwe-81x90.png 81w" sizes="auto, (max-width: 442px) 100vw, 442px" /><figcaption class="wp-element-caption">Linda Oniwe, Vice President for Technology, Media and Telecommunication at Standard Bank</figcaption></figure></div>


The global data centre industry has emerged as a cornerstone of the digital age, facilitating the storage, processing, and management of vast amounts of data. As businesses and individuals increasingly adopt advanced technologies such as Artificial Intelligence, Machine Learning, the Internet of Things (IoT), cloud-based solutions and edge computing, the demand for robust data centres is growing exponentially.



Over the past decade, the global data centre industry has witnessed unprecedented growth. Valued at USD93.7 billion in 2023, the market is projected to maintain a strong growth trajectory with a CAGR of approximately 22% from 2018 to 2025. As digital transformation becomes a strategic imperative across various sectors, the need for secure, scalable, and reliable data storage and processing solutions has and will continue to skyrocket. Concerns about data privacy, data nationalism and data localization requirements further accelerate digital transformation initiatives, driving demand for local data centres.&nbsp;



In Africa, the industry, though still in its infancy, is rapidly growing and evolving, propelled by the continent’s burgeoning digital economy and its ability to leapfrog basic services through technological innovation. The increasing access to the internet and data usage, primarily via mobile phones, is fueling a digital revolution, positioning Africa as the next frontier of the global data centre industry.



We continue seeing strong demand fundamentals that favour Africa as a destination for data centres. Growing interest from the major global cloud service providers such as AWS, Google Cloud and Microsoft, along with content delivery network providers over the last few years continues to drive demand for data centre infrastructure.



Enterprise demand from governments and private companies migrating their servers to third-party leased space, as well as demand from connectivity providers are also significantly increasing demand. Many global, pan-African, and local data centre operators are recognizing this potential and are now investing in building robust data centre ecosystems to meet the growing demand for digital services. For example, Equinix which has invested USD160 million into its first facility in South Africa that will offer 1 860sq m of rack space with 4MW of IT load. Similarly, it also acquired MainOne, a West African data center provider. This acquisition allowed Equinix to expand its presence in Africa and leverage MainOne’s established infrastructure to strengthen its position in the region. Africa Data Centres, one of the largest pan African operators on the continent, has various facilities in Johannesburg, Cape Town, Lagos, and Nairobi and continues to have a strong pipeline of expansion sites. Digital Realty, another key player in the global data center industry, finalized a deal to acquire a majority stake in Teraco, an African data center provider with multiple facilities across South Africa. Private equity firms have likewise been actively involved in data centre investments across Africa. Notable names include Actis and Helios Investment Partners, who have invested in several data center projects across the continent.



However, the region faces challenges due to insufficient infrastructure investment, high temperatures requiring advanced cooling systems and late adoption, resulting in a disproportionate capacity gap. The African data centre colocation market also remains highly concentrated in a few countries, namely South Africa, Egypt, Nigeria, and Kenya representing majority of the available white space. South Africa is the largest market in Africa, with approximately 300MW of live supply and accounting for around 70% of the continent’s IT load.



South Africa, with its advanced telecommunications infrastructure, strategic geographic location, and robust regulatory environment, stands as a prime destination for data centre investments in Africa, serving as a hub for the region. The country boasts a vibrant digital ecosystem, a growing tech-savvy population, a strong financial sector, and has various initiatives promoting the Information and Communications industry. Favorable land prices (compared to other countries on the continent and in developed markets), connectivity and infrastructure make it an attractive choice for hyperscale tenants expanding their operations across the continent, therefore driving demand for data centre infrastructure in country.



Despite this potential, several country specific challenges could inhibit growth. These include energy supply issues and costs, other environmental concerns such as cooling and water consumption, security concerns including crime, the construction mafia and cybersecurity, and a shortage of skilled labour.



International and local data centre operators continue to express strong interest in investing in Africa, particularly South Africa, with demand remaining robust. However, establishing strategic public-private partnerships is crucial for fostering industry growth and addressing current challenges. These initiatives may include investments in renewable energy sources which can support both a reduction in power costs and environmental impact of these facilities, enhanced security measures deployed to building sites as well as innovation and skills development by educational institutions.



The demand for cloud-computing and data centres in Africa plays a crucial role in driving digital transformation. Businesses benefit from increased processing speeds, reduced latency, and enhanced reliability, leading to improved operational efficiency and contributing to the digital success of organisations, ultimately resulting in improved service delivery and enhanced user experiences.&nbsp;

Linda Oniwe

Powering the Digital Age: The Rise of the African Data Centre Industry

<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="707" src="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Jeanne-Marie-Fatti-1-820x707.jpeg" alt="" class="wp-image-562872" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Jeanne-Marie-Fatti-1-820x707.jpeg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Jeanne-Marie-Fatti-1-300x259.jpeg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Jeanne-Marie-Fatti-1-104x90.jpeg 104w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Jeanne-Marie-Fatti-1-768x662.jpeg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Jeanne-Marie-Fatti-1-1536x1324.jpeg 1536w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Jeanne-Marie-Fatti-1-scaled.jpeg 2048w" sizes="auto, (max-width: 820px) 100vw, 820px" /><figcaption class="wp-element-caption">Jeanne-Marie Fatti, Senior Vice President: Energy &amp; Infrastructure, Corporate and Investment Banking at the Standard Bank of South Africa</figcaption></figure>



Johannesburg – 02 December 2024 – CrossBoundary Energy has secured a US$140M senior debt commitment from the Standard Bank of South Africa on a fully underwritten basis. The groundbreaking transaction highlights the potential role of commercial funders in supporting the adoption of renewable energy solutions by businesses across Africa.



The financing is being undertaken as a first tranche within a broader mandate with the Standard Bank of South Africa, which has been appointed to lead and arrange up to US$300M senior debt to support the scaling of CrossBoundary Energy&#8217;s renewable energy portfolio serving Commercial and Industrial (C&amp;I) clients across Africa.



CrossBoundary Energy was supported by Cygnum Capital acting as exclusive financial adviser, and by Bracewell (UK) LLP as borrower’s counsel. Trinity International LLP acted as lenders’ counsel on the transaction.



In Africa, access to reliable and affordable power is one of the largest impediments to business growth. While service providers can solve this, access to finance remains an immense barrier to companies accessing that power. The IEA estimates that the energy transition <a href="https://www.iea.org/reports/scaling-up-private-finance-for-clean-energy-in-emerging-and-developing-economies/executive-summary">will require US$160B annual </a>investment between 2026—2030 to align with climate goals, the bulk of which will come from the private sector.



Jeanne-Marie Fatti, Senior Vice President: Energy &amp; Infrastructure, Corporate and Investment Banking at the Standard Bank of South Africa, remarked, “There is a growing need for innovative energy solutions in Africa. Companies like CrossBoundary Energy are addressing this block holistically through energy systems that are financed, distributed, and led by renewables. Standard Bank is committed to supporting pioneers like CrossBoundary Energy on their growth trajectory”.



Pieter Joubert, President and Chief Investment Officer at CrossBoundary Energy, added, “Scalable, affordable infrastructure financing solutions are a catalyst to unlock reliable and affordable power access for businesses on the continent. Our partnership with Standard Bank will allow us to expand and accelerate energy-as-a-service to African customers, ultimately improving the sustainability and competitiveness of businesses across Africa”. 



CrossBoundary Energy provides financed renewable-led power solutions to African enterprises. Its current awarded portfolio comprises $570M of projects across 18 African countries, with 330 MW of solar and wind assets and 178 MWh of battery energy storage solutions. CrossBoundary Energy’s clients include leading businesses in the mining, industrial, and telecommunications sectors such as Rio Tinto, Unilever, Diageo, Heineken, the Devki Group, and IHS Africa. The portfolio features large-scale renewable-led hybrid power plants for mines, rooftop and ground-mount solar PV plants for industrial clients, and distributed solar PV and battery power solutions for telecommunications sites. CrossBoundary Energy is headquartered in Mauritius, with offices in Kenya, Nigeria, South Africa, and Ghana.

Evoto

CrossBoundary Energy secures US$140M senior debt from the Standard Bank of South Africa to scale renewable energy portfolio across Africa

<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="547" src="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Capetown-Landscape-2-820x547.jpg" alt="" class="wp-image-562851" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Capetown-Landscape-2-820x547.jpg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Capetown-Landscape-2-300x200.jpg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Capetown-Landscape-2-135x90.jpg 135w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Capetown-Landscape-2-768x512.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Capetown-Landscape-2-1536x1024.jpg 1536w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Capetown-Landscape-2-scaled.jpg 2048w" sizes="auto, (max-width: 820px) 100vw, 820px" /><figcaption class="wp-element-caption">South Africa boasts an impressive 22,000 km of train tracks, weaving through its stunning landscapes. Image credit, Credit is the  Railway Safety Regulator </figcaption></figure>



When the Railway Safety Regulator (RSR) unveiled the State of Safety Report 2023/24 on 30 October, it presented a pivotal moment for South Africa&#8217;s rail sector—a mirror reflecting not just its challenges but also its resilience and potential for transformation.



The report is a narrative of contrasts, blending progress with persistent hurdles. It paints a picture of decreasing operational fatalities yet exposes rising threats in security-related incidents. At its core, the report underscores the intricate tapestry of rail safety in South Africa, one where operational efficiency must coexist with security and infrastructural integrity.



<h2 class="wp-block-heading" id="h-progress-amid-adversities">Progress amid adversities</h2>



The strides made in reducing train accidents and operational fatalities are commendable. With an overall decrease in Fatalities Weighted Injuries (FWI) related to operational occurrences by 6% compared to the previous reporting period, the sector showcased the effectiveness of enhanced safety protocols and dedicated efforts from railway operators like Transnet Freight Rail (TFR) and the Passenger Rail Agency of South Africa (PRASA).



Yet, the shadow of recurring incidents—like the 14% increase in train collisions and a sharp rise in people-related occurrences at station platforms—serves as a stark reminder that the safety journey is far from complete.



KwaZulu-Natal, contributing to 36% of the operational occurrences, remains a focal point, demanding urgent, tailored interventions. The province’s alarming rate of 896 recorded occurrences not only highlights systemic vulnerabilities but also calls for community-centric solutions, strengthened enforcement, and infrastructural upgrades.



<h2 class="wp-block-heading" id="h-the-security-conundrum">The security conundrum</h2>



The report unearths a troubling rise in security-related fatalities, with incidents escalating by 345.74% from the previous period. The new reporting category, &#8220;human bodies found within railway reserves,&#8221; alone contributed to a significant portion of these numbers, emphasizing the harsh realities within the railway environment.



Theft and vandalism, impacting 74% of security-related incidents, reveal systemic gaps in asset protection and the urgent need for robust collaboration between law enforcement and rail operators.



<h2 class="wp-block-heading" id="h-operational-challenges-and-the-way-forward">Operational challenges and the way forward</h2>



Operationally, South Africa&#8217;s railways faced unique stressors, not least of which was the ongoing electricity crisis. Frequent power outages disrupted services, amplified risks, and tested the resilience of safety systems. However, these challenges also became a crucible for innovation, as teams adapted to maintain operations under extraordinary pressures.



Amid these adversities, PRASA’s 116% surge in train kilometres and increased passenger rail usage reflects renewed public trust in rail as a viable transport option. This progress must be safeguarded with relentless vigilance and strategic investments.



<h2 class="wp-block-heading" id="h-a-collective-call-to-action">A collective call to action</h2>



The State of Safety Report is more than a ledger of incidents—it is a blueprint for transformation. The RSR’s mandate to oversee safety and collaborate with stakeholders provides a solid foundation, but real progress will require a unified effort from government, operators, communities, and regulatory bodies.



<h2 class="wp-block-heading" id="h-towards-a-safer-tomorrow">Towards a safer tomorrow</h2>



The 2023/24 State of Safety Report is a clarion call for change. South Africa&#8217;s rail sector stands at a crossroads where decisions made today will echo into the future. The question that looms is not just how challenges will be tackled but how the industry will seize this moment to reimagine a safer, more inclusive rail network.



The journey to transforming these insights into actionable progress is long, but the destination—a rail system that prioritises safety without compromise—is worth the effort.



For an in-depth look at the findings and the full report, visit <a href="http://www.rsr.org.za">www.rsr.org.za</a>.

Capetown Landscape  2

Rail safety in South Africa — Charting the path to a safer future

<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="429" src="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/BrandVoice-Picture-820x429.png" alt="" class="wp-image-562004" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/BrandVoice-Picture-820x429.png 820w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/BrandVoice-Picture-300x157.png 300w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/BrandVoice-Picture-160x84.png 160w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/BrandVoice-Picture-768x402.png 768w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/BrandVoice-Picture.png 1200w" sizes="auto, (max-width: 820px) 100vw, 820px" /></figure>



The Cambridge dictionary of an entrepreneur is, “someone who starts their own business, especially when this involves seeing a new opportunity,” underpinning the concepts of material gain from identifying an external need. Yet, for many, entrepreneurship holds a different meaning. In South Africa, a country with high unemployment and poverty rates, entrepreneurship often comes from desperation – the need to have enough to escape the present situation of no income, and a scarcity of opportunities that will alleviate the circumstances.


<div class="wp-block-image">
<figure class="aligncenter size-full"><img loading="lazy" decoding="async" width="500" height="500" src="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/CoffeeMM-LOGO.png" alt="" class="wp-image-562003" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/CoffeeMM-LOGO.png 500w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/CoffeeMM-LOGO-300x300.png 300w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/CoffeeMM-LOGO-90x90.png 90w" sizes="auto, (max-width: 500px) 100vw, 500px" /></figure></div>


Now a business valued at over two million rands, CoffeeMM was started by young entrepreneur Mhlengi Ngcobo from the nexus of his love for coffee and the dire need to improve his livelihood, eventually also morphing into the personal calling that he felt towards improving the livelihoods of others. Starting in 2017 as a small-batch and artisanal coffee roastery based in Stellenbosch, CoffeeMM opened its first coffee shop in 2021 with assistance from Ranyaka Community Transformation at the CoCreate Hub. In 2023, the CoffeeMM Academy opened, allowing for a holistic undertaking of the coffee industry and exponentially increasing the social impact that CoffeeMM could have. March 2024 saw the opening of Maties Coffee Hub, a coffee shop established in the heart of Stellenbosch University’s campus in collaboration with Stellenbosch University to offer students good quality and ethically sourced coffee.



Beyond this growth in operations, Ngcobo has received many accolades, inclusive of being listed in Forbes 30 under 30, recently being the African Young Business Leader of the Year finalist at the AABLA Awards 2024, and receiving multiple features in big publishing houses in South Africa. Despite CoffeeMM only selling one bag of coffee beans in its first year of operating in 2017, the success in the subsequent years is a testament to the power of entrepreneurship to mobilize and empower individuals to change their lives. Beyond that, entrepreneurship is also providing Ngcobo with the agency to challenge and redefine the status quo, and he is proud of the positive impact that CoffeeMM has.



<h2 class="wp-block-heading" id="h-meet-entrepreneur-mhlengi-ngcobo">Meet Entrepreneur Mhlengi Ngcobo</h2>



In the face of adversity, Ngcobo sees opportunity – the basis of his entrepreneurship journey and the motto that he wishes to spread, especially amongst the youth of South Africa where unemployment rates are highest amongst persons between the ages of 18 and 35. Over the last two years, Ngcobo, through the CoffeeMM Academy, has presented Entrepreneurship Courses at nine low-income high schools in and around Stellenbosch and Cape Town to over 300 learners, directly addressing the economic crisis and decreased morale that youth unemployment causes. The curriculum takes learners through the steps of starting their businesses firstly by identifying problems they see around them and then empowering them with the skills and knowledge to change their situations, despite the lack of opportunities or support that they might face. Learners are then challenged to work in groups to come up with solutions to the identified problems and turn the solutions into a profitable business.



A fundamental teaching of the Entrepreneurship Course is to urge students to take the pain points in their lives and to use them as ideas for their business – mimicking Ngcobo’s entrepreneurship history. During his high school career, Ngcobo was diagnosed with young hypertension and prescribed to limit his caffeine intake. In pursuit of understanding this diagnosis, Ngcobo sought to understand the science of caffeine, developing a keen interest in coffee in the process and empowering him with the knowledge of how to keep hypertension at bay while still enjoying his daily brew. Furthermore, when completing a project management module at Stellenbosch University, he decided to focus on developing a coffee roastery, building on his passion for coffee without knowing that the knowledge gained would soon become advantageous.



At 22, during his final year of completing a Bachelor&#8217;s Degree in Civil Engineering from Stellenbosch University, Ngcobo received a letter of academic exclusion stating that he could not continue his studies. After moving from Johannesburg to Stellenbosch for university, Ngcobo found himself in a desperate situation financially and with limited opportunities, impelling him to respond quickly to secure his livelihood. Thus, CoffeeMM was born out of necessity and entrepreneurship became the lifeline that allowed Ngcobo to transform a dire situation into an opportunity, building on his existing interest and knowledge of coffee. He set off on a pursuit of distributing excellent quality roasted coffee with bigger dreams of how coffee can be a mobilizer of good for others in positions similar to what he found himself in.



<h2 class="wp-block-heading" id="h-coffee-fuels-our-dreams">Coffee Fuels Our Dreams</h2>



While CoffeeMM is dedicated to supplying excellent coffee and services, in the bigger context, coffee is considered the vehicle that Ngcobo can use to mobilize the change that he wants to impart to the world. The focus points for Ngcobo include a long-term goal for the coffee industry on the African continent, whereas the second is reflected in the social work done through the CoffeeMM Academy.



<ul class="wp-block-list">
<li>The Coffee Industry on the African Continent</li>
</ul>



While coffee is depicted as a luxurious commodity, each cup also portrays the meeting point of various complex aspects of the coffee industry. In fact, among many elements of the coffee industry inequality is present, especially in coffee bean farming. On average, a coffee farmer earns only seven to ten percent of the retail price of coffee as the coffee beans are sold to middlemen, leaving the farmer impoverished. As with many other commodities, value is added through processing raw products – which would be the sorting and roasting of coffee beans – yet, due to the rural nature of where the biggest coffee farms are located, the infrastructure to process coffee beans is not present, thereby perpetuating the disparity in incomes of coffee traders.



These are systemic challenges that stem from various factors, inclusive of language and technological barriers, and, as complex problems do, they require complex solutions. While CoffeeMM sources ethical coffee, the long-term goal is to build route-to-market infrastructure for small-scale coffee farmers on the African continent to access the market directly, thereby increasing their income by removing the middleman and giving them bargaining power to negotiate the prices of their product. This is a radical and expansive undertaking for CoffeeMM that will unfold over a long time but is reflected in each decision that it makes as each deal or new venture takes the business closer to realizing it.



<ul class="wp-block-list">
<li>The Social Impact of the CoffeeMM Academy</li>
</ul>



<ol class="wp-block-list"></ol>



CoffeeMM is dedicated to developing the local coffee culture and making it more inclusive and diverse. This year, the CoffeeMM Academy hosted its second Barista Battle, a competition designed for baristas to come together and network amongst themselves and the broader coffee community, compete for prizes, get exposure through the CoffeeMM social media channels, and – most importantly – get the recognition that they deserve for the vital role that they play in the success of coffee shops. Being a barista can be challenging, from the technical skills that go into preparing coffee to maintaining the coffee station and the customer service aspect – and they often go unnoticed or unappreciated.



CoffeeMM also creates a positive social impact through the courses offered by the CoffeeMM Academy, inclusive of barista training, coffee roasting, and hospitality training. These courses focus on vocational and skills training to equip graduates with the confidence and competence to excel in the coffee industry, and graduates have gone on to find employment all over the world. The courses are offered at competitive prices and payment plans can be arranged, plus, multiple courses are sponsored for competition prizes or those in need. This year, CoffeeMM sponsored four barista training courses, valued at R2&nbsp;650 each, and two coffee roasting courses, valued at R5&nbsp;000 each, of which one went to a CoffeeMM employee to develop their skills.



<h2 class="wp-block-heading" id="h-conclusion">Conclusion</h2>



A cup of coffee from CoffeeMM is the tangible product of entrepreneur Ngcobo’s craft mastered through diligent work and his dream of creating a life different from the one that he was handed, and that so many face. Ngcobo is a purveyor of entrepreneurship, especially in the South African context with inflated poverty and unemployment rates, realizing the power that it holds to not only create personal opportunities from hardship but to also produce positive change on a bigger scale. When you support CoffeeMM, you support intentional decision-making that not only minimizes harm but aims to actively improve the world in which it operates. You support a business that is passionate, yet critical, about the coffee industry and dedicated to the betterment of South Africa.

BrandVoice Picture

Using Coffee as a Catalyst for Positive Change in Africa

<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="273" src="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Max_Publication_Banner_1-820x273.png" alt="" class="wp-image-561209" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Max_Publication_Banner_1-820x273.png 820w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Max_Publication_Banner_1-300x100.png 300w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Max_Publication_Banner_1-160x53.png 160w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Max_Publication_Banner_1-768x256.png 768w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Max_Publication_Banner_1-1536x512.png 1536w, https://cms.cnbcafrica.com/wp-content/uploads/2024/12/Max_Publication_Banner_1.png 2048w" sizes="auto, (max-width: 820px) 100vw, 820px" /></figure>



As Africa stands on the verge of an urban mobility transformation, we are at a critical crossroads. The decisions made today will shape the future of transportation across the continent for decades to come. The objective is not merely to increase the number of vehicles on our roads but to ensure these vehicles are sustainable, efficient, and equitable. Electric vehicles (EVs) are no longer just a trend; they are integral to achieving Africa’s sustainable transportation future.



<h3 class="wp-block-heading" id="h-the-imperative-for-sustainable-mobility-in-africa"><a></a>The Imperative for Sustainable Mobility in Africa</h3>



Africa is urbanizing at an extraordinary pace. Cities such as Lagos, Accra, Johannesburg and Nairobi are expanding rapidly, and with this growth comes an increased demand for efficient and reliable transportation solutions. However, this urban growth also brings significant challenges: rising carbon emissions, air pollution, and traffic congestion. The dominance of traditional internal combustion engine (ICE) vehicles only exacerbates these issues.



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According to global mobility experts Andreas Herrmann, Walter Brenner, and Rupert Stadler in Reinventing the Wheel: The Future of Mobility, adopting electric vehicles is about more than just reducing carbon footprints. It is about building resilient, inclusive, and sustainable transportation ecosystems for the future.



<h3 class="wp-block-heading" id="h-the-case-for-electric-vehicles-in-africa"><a></a>The Case for Electric Vehicles in Africa</h3>



Why electric vehicles? The reasons are clear.



EVs offer a comprehensive solution to Africa’s mobility challenges, aligning well with the continent’s broader goals of sustainable development. They come with multiple advantages over traditional vehicles. Environmentally, electric vehicles produce zero tailpipe emissions, which can significantly reduce air pollution in densely populated cities across Africa. This is particularly critical in regions like Nigeria, where respiratory illnesses linked to poor air quality are on the rise.



Economically, EVs are more competitive. We are seeing a shift from the “green premium” to a “green discount”. The acquisition cost of an EV is now comparable to that of an ICE vehicle. The total cost of ownership is significantly lower due to reduced maintenance needs and lower energy costs. This is an especially crucial factor in Africa, where the price of petrol has increased recently. The acquisition cost of an EV is now comparable to that of an ICE vehicle. The total cost of ownership is significantly lower due to reduced maintenance needs and lower energy costs. This is an especially crucial factor in Africa, where the price of petrol has increased recently. For example, in Nigeria, fuel prices surged by over 215% between July 2022 and July 2023, and by 360% between July 2023 and October 2024. For drivers across the continent, cost efficiency will be a significant driver of EV adoption. For drivers across the continent, cost efficiency will be a significant driver of EV adoption.



Moreover, Africa is well-positioned to power its EVs through renewable energy sources like solar and wind, reducing reliance on imported fossil fuels and enhancing energy security.



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&nbsp;This presents a unique opportunity to lower operational costs and invest in local energy resources. The transition to electric mobility also promises job creation across various sectors—manufacturing, infrastructure development, and vehicle maintenance—as charging networks are built and maintained.



Like the continent&#8217;s rapid adoption of mobile banking and decentralized solar energy, Africa could leapfrog older transportation technologies by embracing electric vehicles.



<h3 class="wp-block-heading" id="h-overcoming-the-challenges"><a></a>Overcoming the Challenges</h3>



However, the shift to widespread electric vehicle adoption in Africa does present challenges. Limited charging infrastructure, high infrastructure development costs, low awareness, and limited product choices remain barriers to EV adoption. Yet, these hurdles are not insurmountable. Addressing them will require strategic collaborations across the value chain, including OEMs, financial institutions, investors, energy providers, fleet operators, auto distributors and Governments.



Several initiatives are already underway to expand EV infrastructure, including projects being developed by companies like MAX, Spiro, Kofa, and Oando Clean Energy.



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These innovators are building and scaling charging networks, EV assembly, and financing programs across Nigeria and other African nations. Innovative financing models will help make EVs more affordable for consumers, particularly in markets where upfront cost is a primary concern.



Public awareness is another key factor. Educating communities about the environmental and economic benefits of EVs will help shape perception and increase demand. A coordinated approach that includes infrastructure development, financial innovation, and community engagement will be critical to overcoming the challenges of EV adoption in Africa.



<h3 class="wp-block-heading" id="h-the-future-of-mobility-in-africa"><a></a>The Future of Mobility in Africa</h3>



The vision for Africa’s future is one where transportation is not only efficient but also sustainable and inclusive. By embracing electric vehicles, we can reduce carbon emissions, improve public health, and create new economic opportunities. Our ultimate goal is to build a transportation system that is resilient, innovative, and equitable—one that leaves no one behind.



The road to sustainable transportation in Africa may be long, but with collaboration, vision, and determination, the continent can accelerate its transition to a greener, cleaner future.



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Electric vehicles will be central to this journey, serving as a driving force behind Africa’s sustainable mobility revolution.



The future of transportation in Africa depends on the choices we make today. By investing in electrification, we will create a cleaner, more sustainable continent. Whether you’re a business operator, community leader, or policymaker, now is the time to join the movement toward sustainable mobility on the Continent.

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On the Road to Sustainable Transportation Across Africa: Making a Case for Electric Vehicles

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This weekend, Visit Rwanda is showcasing its unique and sustainable tourism experiences at the Formula 1 Qatar Grand Prix 2024. Located in the F1 FanZone, the booth highlights Rwanda’s vibrant culture, warm hospitality, and breathtaking landscapes.



The activation also shines a spotlight on the upcoming FIA Awards 2024, set to take place in Kigali this December. Formula 1 fans can learn about exclusive travel packages and experiences tailored for the event, highlighting Rwanda as the host of this prestigious gathering.



Led by the Chief Executive Officer of the Rwanda Convention Bureau, the Rwandan delegation includes representatives from RwandAir and the Rwandan Embassy in Qatar, and the Rwanda Motorsport Federation promoting Rwanda’s tourism and investment opportunities.



Visitors to the booth can enjoy premium Rwandan coffee, and insights into attractions like mountain gorilla trekking, luxury eco-lodges, and the country’s commitment to sustainable tourism.



&#8220;Rwanda’s presence at the Qatar Grand Prix underscores our dedication to promoting sustainable tourism globally. We invite Formula 1 fans to explore the incredible experiences Rwanda has to offer, especially during the FIA Awards this December,” said Janet Karemera, CEO of the Rwanda Convention Bureau.

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