(GLOBE NEWSWIRE) -- Africa Mobile Networks (AMN) today announced the activation of its 2,000th base station in Nigeria, where recent testing on a dual-band site in Yebu delivered 4G download speeds exceeding 81Mbps. AMN is now a critical infrastructure partner in the country, representing 10% of the Nigerian active tower footprint of Africa’s largest mobile network operator and connecting over 4.7 million previously unserved or underserved citizens to vital 2G, 3G, and 4G services. AMN will exceed 2,100 sites in Nigeria by the end of 2026. This expansion will continue into 2027 at a rate of over 60 new sites per month in Nigeria alone, one of 10 countries where AMN currently operates. Highlighting its capacity to scale rapidly, AMN previously achieved a peak installation rate of 114 new sites in a single month in Nigeria. A Media Snippet accompanying this announcement is available by clicking on this link. AMN’s proprietary AMN Radio Node (ARN) has been deployed across towers since 2024. The multi-carrier technology supports 2G, 3G and 4G services, with dual-band configurations enabling operators to deliver services across multiple frequency bands. AMN also integrates Starlink LEO satellite backhaul, including its first Nigerian site in Yebu, which combines both ARN technology and Starlink connectivity. “Reaching our 2,000 sites in Nigeria is more than a milestone for AMN; it highlights the impact of purpose-built infrastructure in connecting previously unserved communities,” said Michael Darcy, CEO of AMN. “From enabling local clinics to access life-saving remote consultations to empowering small businesses, we are building much more than towers. We will not stop until our vision is realised: no community, regardless of location, left without reliable communications.” Beyond coverage, this expansion drives vital socio-economic growth, narrowing the digital gender gap for local entrepreneurs, enabling remote education, and delivering life-saving …
Dashen Bank and Shebamiles Launch Platinum Co-branded Mastercard Debit Card to Unlock Premium Travel Benefits for Customers in Ethiopia
Dashen Bank and ShebaMiles have launched a Platinum co-branded Mastercard debit card in Ethiopia, combining secure payments, digital access, loyalty benefits and premium travel privileges in one offering. Issued by Dashen Bank and powered by Mastercard, the card is linked to Ethiopian Airlines’ ShebaMiles loyalty program. It enables customers to use one card for everyday and travel-related payments while accessing benefits including airport lounge access, airport fast track and global data roaming, in addition to the miles they earn in the air. The collaboration combines Ethiopian Airlines’ travel network and loyalty program, Dashen Bank’s issuing capabilities, customer reach and Super App, and Mastercard’s global payment network, technology and premium card benefits. Shehryar Ali, senior vice president and country manager for East Africa and Indian Ocean Islands at Mastercard, said: “Travel is increasingly becoming a connected digital experience, and consumers expect the same level of convenience, security and value from the way they pay. This unique collaboration brings together payments, loyalty and premium travel benefits in a single proposition, creating a differentiated experience for travellers while strengthening Ethiopia’s premium travel payments ecosystem.” The card will be available in physical and virtual formats. Customers can access the virtual card through the Dashen Bank Super App, which serves more than 2 million active monthly users. Eligible cardholders will also have access to Mastercard Airport Experiences, which provides entry to a global network of more than 1,600 airport lounges. Ato Asfaw Alemu, CEO of Dashen Bank, said: “Customers today increasingly expect financial services to be more connected, convenient and relevant to the way they live and travel. Our collaboration with Mastercard and Ethiopian Airlines brings together payments, travel and loyalty in a differentiated proposition, while giving customers the flexibility to …
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Cyber Resilience Is the Foundation for Africa’s Next Phase of Digital Growth, Mastercard Whitepaper Finds
Digital transformation is unlocking new growth and opportunity across Africa Building the continents cybersecurity workforce, with more than 200,000 roles unfilled at the end of 2025, is emerging as one of it’s clearest opportunities to strengthen resilience Africa's digital economy is growing at remarkable speed, opening new opportunities for people, businesses and governments across the continent. Building strong cyber resilience will be key to sustaining that momentum, according to the new Mastercard-commissioned whitepaper, Africa’s Digital Defense Race. The whitepaper highlights that between 2016 and 2025, mobile money users grew 5.9 times, digital banking users 4.7 times and the e-commerce market 5.3 times. The findings come as Africa’s digital payments economy is on track to reach USD 1.5 trillion by 2030. However, cyber threat activity grew at a similar pace over the same period, highlighting both the growing risk facing Africa’s digital economy and the opportunity to strengthen the governance, skills, infrastructure and collaboration needed to secure its continued growth. Shabir Ahmed, Senior Vice President, Customer Solutions Center Lead, Africa, said: “Africa’s digital growth is creating real opportunity for people and businesses across the continent, and protecting it has become a leadership priority. As threats become more sophisticated and coordinated, our response has to be just as coordinated. That is why we launched the Africa Cybersecurity Center of Excellence, bringing the public and private sectors together to share intelligence, knowledge and best practices. Building that resilience together is how Africa continues to grow with confidence.” Mastercard Cyber Insights recorded 69,236 observed cyber events targeting African organizations in 2025, equivalent to roughly one event every eight minutes. Between 2016 and 2025, cyberattacks across the continent increased by more than 421%, compared with 307% globally, the whitepaper …
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A.P. Moller Capital to Exit Its Impala Investment Through Sale of Powergas to Ardova Plc
A.P. Moller Capital, through Impala Energy Holdings, has agreed to sell its investment in Powergas to a consortium including Ardova Plc and Diadem Energy. Powergas operates critical gas infrastructure in Nigeria, distributing compressed natural gas through a virtual-pipeline network to industrial and commercial customers beyond the reach of the gas pipeline network. During A.P. Moller Capital's ownership, Powergas Ebedei Limited progressed from development to full production, expanded distribution across southern Nigeria and increased access to reliable domestic gas, while reducing gas flaring and helping customers to replace diesel-fired power generation. (GLOBE NEWSWIRE) -- A.P. Moller Capital today announced that, through its Africa Infrastructure Fund I (“AIF I”), and Impala Energy Holdings (“Impala”), it has entered into an agreement under which a consortium led by Ardova Plc (“Ardova”) and including Diadem Energy (“Diadem”) will acquire Powergas Global Investments Nigeria Limited and Powergas Ebedei Limited (“PEL”), together known as “Powergas”, one of Africa’s largest Compressed Natural Gas producers and virtual pipeline distributors. Ardova Plc is a Nigerian integrated energy and infrastructure company with a nationwide footprint across retail fuels, liquefied petroleum gas, shipping, aviation fuel, lubricants and logistics. The transaction adds a natural gas platform to Ardova’s established petroleum products and LPG businesses. Powergas was founded in 2013 by the Clean Energy Group, which pioneered its model of taking natural gas beyond the pipeline, supplying natural gas to industrial and power customers through compression facilities and virtual pipeline networks, enabling delivery beyond the fixed pipeline grid. Its Ebedei flare gas monetisation project, developed with investment from A.P. Moller Capital, converts otherwise flared gas into productive energy for commercial and industrial use. A.P. Moller Capital invested in PEL through …
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Schneider Electric Concludes Innovation Summit Middle East & Africa, Highlights Energy Intelligence as the Next Phase of the Energy Transition
AI, electrification and industrial expansion reshape energy demand across the Middle East and Africa, Schneider Electric today concluded Innovation Summit Middle East & Africa by positioning energy intelligence as the next phase of the energy transition - where infrastructure becomes more connected, resilient and software-defined. Held at ADNEC in Abu Dhabi, the two-day summit convened over 2,500 attendees, including government leaders, industry analysts, customers, partners, students, and media, under the theme ‘Advancing Energy Tech to Power Intelligence and Resilience.’ Industry leaders explored how electrification, AI-ready data centers, cybersecurity, and digital innovation are reshaping energy systems. Day one featured keynotes from H. E. Abdullah bin Touq Al Marri, UAE Cabinet Member and Minister of Economy and Tourism, and Schneider Electric CEO Olivier Blum, in the presence of H.E. Marie Audouard, Ambassador Extraordinary and Plenipotentiary of the French Republic to the UAE. The summit also featured the launch of the Innovation Hub, the Data Cube, and Olivier Blum’s address on “The Era of Intelligence.” “We’re entering an Era of Intelligence in which AI is becoming embedded in the physical economy. AI may be digital, but it runs on electricity and depends on the physical systems beneath it,” said Olivier Blum, CEO of Schneider Electric. “As an Energy Technology Partner, we help customers connect energy and operations through data, software, AI and automation, turning intelligence into action to improve performance, resilience and competitiveness. The scale of this shift is clear in the Middle East and Africa, where governments and businesses are investing in energy and digital infrastructure to support industrial transformation and long-term growth.” The summit also featured the release of the company’s 2026 Industrial AI in CPG Study for the UAE, which found that 59% of UAE manufacturers expect transformational AI adoption by 2030, …
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Changan Unveils DEEPAL S05 REEV and UNI-S HEV at South Africa’s Festival of Motoring 2026
(GLOBE NEWSWIRE) -- Changan Automobile unveiled the new DEEPAL S05 REEV and UNI-S HEV at the 2026 WesBank Festival of Motoring in Kyalami, alongside the return of its commercial vehicle range. The launch marks another step forward in Changan’s regional footprint within South Africa’s growing new energy vehicle market. Designed in Italy and engineered in the UK, the DEEPAL S05 REEV is a premium mid-size SUV built on a range-extended electric vehicle platform, offering an EV driving experience without range anxiety. A single electric motor produces 160kW and 320Nm, while a 1.5-litre petrol engine (72kW/125Nm) functions solely as a generator, topping up the 27kWh battery on the move. Changan claims a combined driving range of more than 1,000km, including up to 200km of pure electric range, as well as a 20-minute fast-charging capability when connected to an EV charger. The S05 is further equipped with a 15.4-inch infotainment touchscreen, a 50-inch augmented reality head-up display and Level 2 ADAS. Joining the lineup is the new UNI-S HEV, which expands the UNI-S family with hybrid technology. The vehicle combines a 1.5-litre turbocharged petrol engine producing 110kW and 220Nm with an electric motor for a total system output of 166kW and 290Nm, paired with an electronic CVT transmission driving the front wheels. Changan claims a combined fuel consumption of 4.0L/100km. The UNI-S HEV also features Level 2 ADAS, a 540-degree HD camera system, wireless smartphone connectivity and a technology-focused cabin designed for modern mobility needs. Expanding Changan’s electrified product portfolio on display was the Changan Hunter, the world’s first super range-extended off-road pickup. Equipped with an electric-drive two-speed transfer case and e-4WD system, the Hunter delivers exceptional all-terrain capability while combining the efficiency and driving characteristics of electrified powertrains. Designed for both work and adventure, it integrates rugged off-road …
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Gulf Hotels Group Expands Its Management Portfolio in East Africa With Landmark Hospitality Agreement in Kenya
Strategic partnership with Silva Gigiri Ltd to develop mixed-use hotel and branded residences in Nairobi’s premier diplomatic district Gulf Hotels Group (GHG), Bahrain’s leading hospitality company, has officially signed a Memorandum of Understanding (MOU) with Silva Gigiri Ltd to develop the Silva Gigiri Hotel & Residence in Nairobi, Kenya. The agreement represents a pivotal milestone in Gulf Hotels Group’s long-term international expansion strategy, marking the company’s second hotel management contract in East Africa, following the success of Ocean Paradise Resort, GHG’s first property in Zanzibar. Located on United Nations Crescent in Gigiri, Nairobi’s premier diplomatic area,the USD 30M project will feature an upper-upscale hotel integrated with high-end branded residences, a world-class fine-dining concept, and luxury spa facilities by a renowned international operator. Situated adjacent to the UN Office at Nairobi,as well as numerous embassies and global organizations, the development is designed to cater directly to diplomats,expatriates,corporate executives,and affluent global travellers requiring premium accommodation and lifestyle-oriented living. Following the formalization of the MOU, both organizations are now progressing to the next phase of the project,securing affiliation with a globally recognized hospitality brand and finalizing the definitive hotel management and franchise agreements. Ahmed Janahi, Group Chief Executive Officer of Gulf Hotels Group, commented:“The signing of this Memorandum of Understanding marks a significant milestone in Gulf Hotels Group’s strategy to expand our footprint across Africa. Kenya stands out as one of the region’s most promising hospitality markets, underpinned by robust economic fundamentals, expanding international connectivity, and rising demand for new, high-quality hospitality assets. Through this collaboration, we look forward to working closely with Silva Gigiri Ltd to bring to life a hotel …
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Changan Automobile Showcases New Energy Lineup at FILDA 2026, Deepening Strategic Layout in Africa
(GLOBE NEWSWIRE) -- From July 21 to 26, the 41st Luanda International Fair (FILDA 2026) was successfully held in Luanda, the capital of Angola. Far more than an auto show, FILDA, the nation's largest and most important international business event, offered Changan Automobile an important platform to reaffirm its enduring commitment to the Angolan market. Together with local dealers and partners, the company presented its latest product line-up on a significantly larger exhibition area than in previous participations, outlining a comprehensive blueprint for its globalization strategy in Angola and the broader African markets. At the stand, Changan showcased a line-up of star models that drew sustained attention: the DEEPAL S05, DEEPAL G318, CHANGAN CS75 PLUS, and the New CHANGAN UNI-S. These vehicles embodied Changan’s brand positioning of intelligence, dynamism and advanced technology, sparking great interest among visitors and potential partners eager to experience the brand’s cutting-edge vehicles and technologies in person. Changan’s presence at FILDA 2026 underscores the acceleration of its global strategy. Since launching the Vast Ocean Plan in 2023, the company has embraced the principles of long-term development, localization and systematization, transitioning from product exports to comprehensive industrial globalization, strengthening cooperation with upstream and downstream partners across the global supply chain. Today, Changan operates across 118 countries and regions, supported by a global network of 22 manufacturing bases and a worldwide sales and service footprint, along with a 24,000-strong R&D team spanning six countries and ten locations in a 24/7 collaborative workflow to deliver competitive, locally adapted products. Within this framework, the Middle East and Africa region stands as one of Changan's five core regional pillars, alongside Europe, Eurasia, Southeast Asia and Latin America. Across Africa, Changan is building a complete …
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CSL Marks the Completion of the First Vessel in World-Leading Transhipment Fleet for Simandou Project
(GLOBE NEWSWIRE) -- The CSL Group (“CSL”), a global leader in responsible marine transportation services, announces the delivery of MV Wontanara, the first of five state-of-the-art transhipment shuttle vessels (TSVs) commissioned to service the Simandou iron ore project in Guinea, one of the world's largest mining and infrastructure developments. Designed by CSL and built at CSSC Chengxi Shipyard, this groundbreaking fleet of TSVs combines a 41,800-tonne deadweight capacity with a dual-boom self-unloading system that can transfer up to 12,000 tonnes of iron ore per hour, making it the fastest and most efficient TSV fleet in the world. Purpose-built to move large volumes of iron ore efficiently between river terminals and offshore bulk carriers, the TSV design features a shallow-draft hull optimized for river navigation, five azimuth thrusters that deliver exceptional manoeuvrability and precision, and bi-directional navigation capability that enhances both safety and operational efficiency. "The advanced design and cargo-handling capabilities of this fleet reflect CSL’s expertise in transforming complex logistics challenges into practical, high-performance maritime solutions," said Louis Martel, CSL President and CEO. "Working closely with our customer, we designed an integrated transhipment system that enables safe, efficient and continuous high-volume exports in shallow-water environments." CSL led the development of this transhipment solution from concept design through to engineering, construction and delivery. Leveraging its strong track record in self-unloading vessel design and transhipment operations, CSL established the fleet's technical requirements, led the engineering and design phases, and provided oversight throughout construction. MV Wontanara is the first of five TSVs that will enter service in support of the Simandou project, with the balance of the fleet scheduled for delivery over the coming months. The CSL Group is a world class …
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Changan Automobile Inaugurates First Showroom in Ethiopia, Deepening Middle East and Africa Market Presence
(GLOBE NEWSWIRE) -- Changan Automobile officially opened its first showroom in Ethiopia at 2Q28+8M9, Gabon St, Addis Ababa, marking a key milestone in the brand's strategic expansion across the Middle East and Africa. The opening ceremony was graced by Minister Counselor Liu Xiaoguang of the Chinese Embassy in Ethiopia; Mr. Yalew Getachew of the Ethiopian Investment Commission; Dr. Hadegu Hailekiros of the Ethiopian Ministry of Industry; as well as representatives from Changan Automobile and GT Motors, Changan's local strategic partner. As Africa's second-most populous nation with a fast-growing middle class, with the Ethiopian government actively promoting electric vehicle adoption, the market presents substantial growth opportunities for Changan's global layout. Through the new showroom, Changan will provide local consumers with one-stop automotive services covering vehicle sales, after-sales maintenance, spare parts supply and customer service, strengthening its connection with Ethiopian users while supporting the country's green mobility transition. The showroom opening marks a step forward in Changan's Vast Ocean Plan 2.0, built on four pillars: long-term commitment, deep localization, systematic development, and ESG integration. Through this framework, Changan is evolving from a market entrant to a local operator, it is a sustained commitment to embedding Changan into Ethiopia's automotive industry and contributing to its long-term growth. "Ethiopia is a market full of energy and promise, and we are deeply optimistic about its long-term vitality," said the sales director of Changan Automobile. "Working hand-in-hand with GT Motors, we will bring intelligent, reliable, and cost-effective mobility solutions within reach of Ethiopian families, paired with after-sales excellence that sets a new benchmark for the industry." GT Motors brings strong on-the-ground capabilities, with dedicated teams in sales, after-sales, technical support and cross-border …