Wragby Business Solutions&Technologies Limited, a leading technology provider in Nigeria, proudly co-exhibited with Microsoft at the recently concluded GITEX Africa 2024 (https://GITEXAfrica.com/). Alongside esteemed Microsoft partners from across Africa, Wragby showcased groundbreaking advancements in technology with cutting-edge solutions and solidifying its commitment to driving digital transformation across Africa.

As one of the leading tech events globally, GITEX Africa 2024 provided the perfect platform for Wragby to demonstrate its innovative solutions and reaffirmed its commitment to driving digital transformation across the continent. The exhibition, held in Marrakech, Morocco from the 29th of May to 31st May 2024, brought together industry leaders, innovators, and technology enthusiasts from around the globe.

According to the MD/CEO of Wragby, Dr Oluyomi Alarape (https://apo-opa.co/3V7fZxJ) “Our collaboration with Microsoft underscores a shared vision of leveraging advanced technologies to enhance growth and empower businesses in Africa”.

At the heart of Wragby’s exhibit was the presentation on Microsoft Fabric (https://apo-opa.co/4e4Z2wF) and its seamless integration with Workhelio (https://apo-opa.co/4c5CSbL), Wragby’s newest AI-powered product. Microsoft Fabric provides a comprehensive data platform designed for real-time analytics and insights. By integrating Workhelio with Microsoft Fabric, Wragby offers an unparalleled solution that transforms raw data into actionable intelligence, enabling businesses to make informed decisions swiftly and effectively. Wragby’s other offerings include robust cloud infrastructure&application services, customized applications&ERP solutions, comprehensive cybersecurity solutions, Managed Services, and sophisticated data analytics platforms. By leveraging Microsoft’s powerful technologies, Wragby enables businesses to harness the full potential of their data, streamline operations, and drive sustainable growth.

At GITEX, visitors  had the opportunity to explore real-world success stories and witness firsthand how Wragby’s solutions have transformed businesses. Through interactive demos and detailed presentations, Wragby highlighted how its solutions&services are helping enterprises achieve operational excellence and maintain a competitive edge.

Wragby Business Solutions&Technologies Limited stands for innovation, integrity, and excellence, with a mission to provide businesses with the tools and expertise they need to navigate the complexities of the modern digital landscape. By continuously evolving its offerings and fostering strategic partnerships, Wragby continues to enable organizations to stay ahead in this ever-changing digital landscape. Wragby’s partnership with Microsoft and presence at GITEX Africa 2024 reflects its dedication to being at the vanguard of digital transformation in Africa.

Wragby’s participation in GITEX Africa 2024 is just one step in its journey to revolutionize business processes across Africa. Wragby is dedicated to empowering organizations with the latest technology, driving digital transformation, and contributing to the growth and development of the African economy.

Distributed by APO Group on behalf of GITEX Africa.

About Wragby Business Solutions&Technologies Limited:
Wragby Business Solutions&Technologies Limited is a leading provider of innovative business solutions and technology services. Wragby specializes in cloud services, business applications&ERPs, cybersecurity, Modern work solutions, data analytics, AI, software engineering, product development, digital transformation, and IT training, partnering with global technology leaders like Microsoft and more to deliver exceptional value to its clients. With its customer-centric approach Wragby won the 2024 SAP top capability award in Africa, awarded twice as Microsoft Partner of the year in 2019 and 2020 and emerged thrice as Microsoft global finalist in 2016, 2017 and 2019. Today, Wragby is the only Azure managed services provider in Nigeria and amongst the only few globally.

To know more about how Wragby’s solutions&services can transform your business, contact at GITEX@wragbysolutions.com or call +2342017006320

Visit www.WragbySolutions.com to know more about Wragby Business Solutions

The Nigeria Rugby Football Federation (NRFF) (www.NigeriaRugby.org) has awarded Edo State the hosting rights for the 2024 National League for the South South Zone.

This decision marks a significant milestone for Edo State, often referred to as the “Heart Beat of Nigeria,” as it gears up to welcome teams from across the South South region.

Teams from Delta, Rivers, Bayelsa, Akwa Ibom, Cross River, and Edo will compete for the zonal title and a ticket to the national Super Six finals. This regional league is part of a broader competition held across Nigeria’s six geopolitical zones—South West, South South, South East, North Central, North East, and North West. The winners from each region will advance to compete for the national title.

The Edo State Rugby Association has graciously accepted the opportunity to host this prestigious event, which is expected to enhance the sport’s profile and development within the state.

NRFF President Dr. Ademola Are praised the chairman of the Edo State Rugby Association, Comrade Sunny Osayande, an astute businessman with a keen vision, along with his vice chairman, Mr Asuen Marcel for their unwavering support and dedication to the growth of rugby in Edo.

Dr. Are also congratulated the state on having five of its players in the national team that recently participated in the African Games in Ghana.

During his visit, Dr. Are engaged with various stakeholders in Edo at all levels, reaffirming the NRFF’s commitment to the growth of sports in the state.

In the South West, 5 Clubs from Lagos and 1 from Ogun State will compete for the Cup. this further demonstrates the NRFF’s strategic approach to developing rugby across Nigeria.

Fixtures and plans for other regions will be announced in the coming days as preparations for the 2024 Nigeria Rugby Football Federation League gathers momentum.

E-sign
From the Office of the President of Nigeria Rugby Football Federation

Distributed by APO Group on behalf of Nigeria Rugby Football Federation (NRFF).

African Development Bank President Dr Akinwumi Adesina (www.AfDB.org) says the world is changing and Africa needs to be at the table.

Adesina told more than 150 journalists covering the Bank’s Annual Meetings in Nairobi that the Global South is becoming much more important and that as a result the global financial architecture needs to change:

“The global financial architecture is not addressing Africa’s issues nor delivering for Africa. Our voice needs to be at the table. The global financial architecture needs to be creating fairness, equality, justice, representation and inclusiveness.”

Adesina welcomed the International Monetary Fund’s decision to create a third seat for Africa on its Board, and the inclusion of South Africa and the African Union in the G20, adding that he thought there should be a second seat for Nigeria in the G20. He stressed, however, that collaboration was key:

“Africa is coming of age on the strength of south-south cooperation, but I don’t see the world in a divisive manner. We should be looking at our ability to pool our energies and harness all our diversity for the good of the world. All our development banks cooperate and now there isn’t a single project in Africa that we can’t finance – not one”.

He said that he believed strongly in Africa’s future:

“I’m an African. We have the potential to be great as a continent…We have 477 million people under the age of 25. Africa will be the workshop of the world and is full of entrepreneurs and young people able to take opportunities”.

He said that Africa’s agricultural potential, with 65% of the world’s uncultivated arable land, will determine the future of the world’s food supply and will make the continent globally competitive. The Bank is investing heavily in agriculture and cited the Bank’s work in Ethiopia where it has given heat tolerant wheat varieties to local farmers. 5,000 hectares were planted, that has now grown to 2 million hectares and as a result Ethiopia is now self-sufficient in wheat production and starting to export.

“If we can do that for Ethiopia”, says Dr Adesina, “we can do it anywhere”.

Combatting climate change is a key theme at the Annual Meetings as Africa experiences extreme weather patterns bringing devastating floods in Kenya and Mozambique and droughts in Tanzania, Malawi and Zimbabwe which declared a national emergency as the drought grew in intensity and scale.

Adesina said he was humbled that the Bank was meeting against this backdrop of floods that recently devastated parts of Kenya and conveyed his sympathy to the families of people who lost their lives.

Adesina says that Africa will drive the global agenda for renewable energy, employing solar power to fuel future energy needs. By 2030 the African Development Bank in collaboration with the World Bank will connect 300  million Africans to electricity. Already the Bank’s New Deal for Africa has increased access to power from 37% of Africans to 52%, while it’s  $20 billion Desert to Power project in the Sahel will generate 10,000 Megawatts of power, bringing electricity to 250 million people.

“Electricity is the life blood of economic development” says Dr Adesina, “it enables digital infrastructure, rail and transport corridors like the Lobito Corridor between Angola, Zambia and the DRC, and the Lagos to Abidjan highway”.

Adesina said infrastructure like this supported the Banks High 5” objectives to integrate Africa and industrialise Africa. He said he was proud that the two strategic objectives along with the other three High 5s  – to “power Africa, feed Africa  and improve the quality of life for the people of Africa “-  had transformed the lives of 400 million Africans since he introduced them in 2016:

“If we will keep doing these High 5s Africa will achieve 90% of its UN Sustainable Development Goals (SDGs)and 90% of AU’s Agenda 63 goals. I’ll work to the last second to achieve this”.

The 5-day African Development Bank’s Annual Meetings will be end from 27-31st May in Nairobi, Kenya.

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

Contact:
Peter Burdin
Communication and External Relations Department
email: media@afdb.org

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

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) and the Africa Petroleum Producers’ Organisation (APPO) have announced the historic signing of the Establishment Agreement and the Charter of the Africa Energy Bank (“AEB”) at a ceremony held at the Ministry of Petroleum and Mineral Resources of the Arab Republic of Egypt.

The event was hosted by H.E. Eng. Tarek El Molla, Egyptian Minister of Petroleum and Mineral Resources who also witnessed the signing ceremony. Prof. Benedict Oramah, President and Chairman of Board of Directors, Afreximbank, and Dr. Omar Farouk Ibrahim, Secretary General of APPO signed the Establishment Agreement and the Charter of the Africa Energy Bank on behalf of their respective institutions.

The signing ceremony concludes two years of negotiations and preparations by the two parties having signed a Memorandum of Understanding in May 2022 towards the establishment of the AEB.

The AEB was created to address the impending funding crisis in the African oil and gas industry, triggered by the global energy transition. Traditional financiers, on whom Africa has relied for decades, are withdrawing support, particularly in Africa, citing climate change concerns as the primary reason.

H.E. Eng. Tarek El Molla, who is also a Member of the APPO Ministerial Council noted that: “It is a great honour to witness the establishment of the Africa Energy Bank. This moment marks a significant milestone in our continent’s journey towards energy independence and sustainable development. By harnessing our collective resources and expertise, we are paving the way for a brighter, more prosperous future for all Africans. The collaboration between Afreximbank and APPO is a testament to our unwavering commitment to powering Africa’s growth and ensuring energy security for generations to come. I am confident that this newborn Institution shall grow to serve the cause of Africa and Its people. I commend the negotiating team and on behalf of the APPO Ministerial Council, I congratulate the team.’’ 

Commenting on the event, Prof. Benedict Oramah, noted:

“Today marks a historic day for our continent. We are honoured to have collaborated with APPO towards the establishment of the Africa Energy Bank.  These are challenging times when we must strive to find the right balance between the imperatives of mitigating climate change and the urgency of averting social upheavals as a result of increasingly difficult economic and financial conditions in Africa. For us at Afreximbank, we are enormously proud to be co-investing in this new vehicle and for taking the lead role in advising on the management and implementation process with the operational launch set to commence in July.”

Prof. Oramah added: “This has truly been a joint effort and we are immensely grateful to the members and leadership of APPO for their collaboration with Afreximbank as we look forward to continuing this endeavour to address the urgent needs of a continent and its people.”

On his part, Dr. Omar Farouk Ibrahim posited that the AEB is Africa’s response to the imminent funding challenge that the global paradigm shift from fossil fuels to renewable energies – euphemistically called the energy transition – poses to the oil and gas industry in Africa: “For too long Africa’s oil and gas industry has been dependent on extra-African funding. We came to take foreign financing of our oil and gas projects for granted, until the advent of energy transition made us realize that those on whom we have depended for many decades have decided to abandon us.” The Secretary General argued that Africa cannot afford to abandon oil and gas in a hurry when it has the largest proportion of its population living without access to energy.

Dr. Farouk further commended Professor Oramah for his exemplary leadership and commitment to the cause of the African continent. He also noted that the idea of the AEB was conceived and incubated in Cairo when H.E. Eng El Molla hosted the two Institutions in December 2020.

The AEB’s primary objective is to fill the imminent void that the withdrawal of funding for oil and gas projects in Africa by the traditional financiers could cause to the industry. With over 125 billion barrels of proven crude oil reserves, over 600 trillion cubic feet of proven gas reserves, and with more findings regularly being made; it does not make sense for Africa to abandon these energies when it has the largest proportion of world’s population living without access to modern energy.

While the AEB’s focus shall be funding oil and gas projects, it shall not close its doors to renewable energy projects. AEB shall strive to harness all forms of energy to ensure that Africa’s energy poverty is eradicated. Although started by Africa, shareholding is open to all Investors who share the mission and vision of the Bank.

The AEB has been structured as an independent and supranational pan-African energy development bank with an initial USD 5 Billion capital.

With the signing of the Establishment Documents by the two founding institutions, at least two Member Countries now need to sign and ratify the Establishment Documents for the Bank to take off.

Distributed by APO Group on behalf of Afreximbank.

Media Contacts:
Vincent Musumba
Manager, Communications and Events (Media Relations)
Email: press@afreximbank.com
Tel: +20 2 24564100 /1/2/3

About Afreximbank: 
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. Working with the AfCFTA Secretariat and the AU, the Bank is setting up a US$10 billion Adjustment Fund to support countries to effectively participate in the AfCFTA. At the end of September 2023, Afreximbank’s total assets and guarantees stood at over US$33.4 billion, and its shareholder funds amounted to US$5.8 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.

About APPO: 
The African Petroleum Producers’ Organization, APPO (formerly African Petroleum Producers’ Association, APPA), was founded on January 27th 1987, in Lagos, Nigeria, by 8 oil and gas producing African nations: Algeria, Angola, Benin, Cameroon, Congo, Gabon, Libya and Nigeria.

The Organization has since added 10 full Members (DR Congo, Côte d’Ivoire, Egypt, Equatorial Guinea, Ghana, Namibia, Niger, Senegal, South Africa and Chad) and 1 Honorary (the Bolivarian Republic of Venezuela) making 18 full members.

The Headquarters is in Brazzaville, Republic of Congo.

The Objective of APPO is to provide a platform for cooperation and harmonization of efforts, collaboration, sharing of knowledge and skills among African oil producing countries.

https://apo-opa.co/3VpE2JQ