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Africa CEO Forum: What If Africa Set the Rules? [Business Africa]

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Africa CEO Forum 2025: Navigating Energy, AI, and Infrastructure for Africa’s Future

Held on May 12–13, 2025, in Abidjan, the 12th edition of the Africa CEO Forum brought together over 2,800 leaders, including six African heads of state, to deliberate on the continent’s development trajectory. Key discussions centered on energy strategies, technological advancements, and infrastructure development.

Nuclear Energy: A Strategic Pillar for Africa’s Development

At the Africa CEO Forum 2025, nuclear energy emerged as a focal point in discussions about Africa’s energy future. Loyiso Tyabashe, CEO of South Africa’s Nuclear Energy Corporation (Necsa), emphasized the necessity of integrating nuclear power with renewable sources to ensure a stable and affordable energy supply.

“Nuclear provides baseload power essential for industrialization,” Tyabashe stated. He highlighted the cost-effectiveness of nuclear energy, citing South Africa’s experience with its two nuclear units in Cape Town as among the cheapest electricity sources. Moreover, he underscored the environmental responsibility of nuclear power in reducing carbon emissions.

Addressing concerns about radioactive waste, Tyabashe assured that Necsa has maintained comprehensive records of all waste since the operation of its research reactor in 1965 and power reactor in 1984. “We can account for all the waste we’ve produced,” he affirmed.

The potential of Small Modular Reactors (SMRs) was also discussed. Tyabashe noted that SMRs promise quicker deployment and lower capital costs, making them suitable for countries with smaller power grids. “It’s not a one-size-fits-all; we need to match generation technology to each country’s grid stability,” he explained.

Looking ahead, Necsa plans to develop nuclear fuel from raw uranium, leveraging South Africa’s and the continent’s uranium resources. Additionally, the corporation aims to build SMRs and explore multiple applications of research reactors, including power generation and isotope production for medical use.

The forum’s discussions reflected a growing consensus on the role of nuclear energy in Africa’s sustainable development. A poll conducted during the event indicated that 73% of attendees viewed nuclear as a viable energy solution for the continent.

Artificial Intelligence: Crafting Africa’s Regulatory Framework

As artificial intelligence (AI) reshapes global economies, Africa seeks to establish its own regulatory pathways. At the forum, experts debated models suitable for the continent, balancing innovation with sovereignty and local realities.

Franck Kié, founder of the Cyber Africa Forum, highlighted the progress made: “Several countries, including Benin and Rwanda, have adopted national AI strategies. The African Union also initiated a continental approach in 2024.”

Catherine Muraga from Microsoft Africa Development Center emphasized inclusivity: “We’re developing tools in Kiswahili, Amharic, Yoruba… to ensure no one is excluded. Africa has nearly 2,000 languages.” She stressed that responsible AI involves integrating security and privacy from the design phase.

The consensus underscored the urgency for Africa to accelerate its governance and investments in AI to avoid dependency on foreign technological decisions.

Infrastructure: The Backbone of Africa’s Industrialization

Infrastructure development remains pivotal for Africa’s industrial growth. At the forum, discussions centered on enhancing logistics, energy access, and connectivity to transform value chains.

Mohammed Diop, Deputy CEO Africa for AGL, pointed out the challenges: “In Africa, up to 30-40% of products are lost at the farm gate. We’re working on projects in Senegal and other countries to establish specialized warehouses near farms to reduce agricultural losses.”

Private sector initiatives, like AGL’s annual investment of €600 million in Africa, showcase the commitment to infrastructure improvement. However, energy remains a significant hurdle. In response, Schneider Electric signed strategic agreements with 3MD Energy and SmartEnergy to develop local industrial electrification solutions, integrating local production and digitalization.

These partnerships aim to secure energy access and generate employment, aligning with the objectives of the African Continental Free Trade Area (AfCFTA) to boost intra-African trade. For sustainable industrialization, states must streamline regulations, attract financing, and connect remote areas, ensuring that Africa fully leverages its resources.



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Africa

Gaza officials say Israel kills more than 30 people near aid distribution site

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Britain’s Prime Minister Keir Starmer on Monday said the situation in Gaza was getting “worse by the day” and that there is an urgent need to ensure more humanitarian aid is delivered to the Palestinian enclave.

“To be clear, in saying it’s intolerable to be absolutely clear that there needs to be a ceasefire,” the British premier said.

His comments came after health officials and international organisations said at least 31 people died and around 200 were wounded on Sunday.

Witnesses say Israeli forces fired towards crowds near an aid site run by the controversial Gaza Humanitarian Foundation, a group backed by Israel and the US.

Starmer said humanitarian aid needs to get in to Gaza “at speed and at volumes, that it is not getting in at the moment, causing absolute devastation”.

He said it was important to “continue our work to secure the release of hostages who’ve been held for a very, very long time”.

“We’re working closely with allies on that. Will continue to do so,” he said.

Hospitals in Gaza have been overwhelmed with victims, with Doctors without Borders saying people reported being shot at from all sides.

Israel’s military denied its forces fired at civilians near or within the site in the southern city of Rafah.

An official, speaking on condition of anonymity in line with procedure, said troops fired warning shots at several suspects advancing toward them overnight.



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Opposition accuses CAR government of organising violent protests that left two dead

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After violent protests in Bangui blocked an opposition party meeting on Saturday, leaving two people dead, the Republican Bloc for the Defence of the Constitution, or BRDC, is pointing the finger at the ruling United Heart Movement (MCU). They’re accusing officials of organising the violence that disrupted the event at a football stadium in the capital.

Crépin Mboli Goumba is a platform coordinator with the BRDC. Speaking to journalists on Sunday, he said it was a sad day for democracy.

“For over a month now, we’ve had an appointment with the Central African people, and we’ve taken all the necessary precautions. We informed the Ministry of Territorial Administrati on, the Ministry of the Interior and MINUSCA so that our meeting could take place peacefully. Unfortunately, the party in power, the MCU, has mobilized all its energy to attack our activists, two of whom are in local hospitals as we speak.”

The BRDC says it received all necessary authorizations to hold the meeting and has accused the police and United Nations peacekeeping force MINUSCA of doing nothing to prevent the violence against activists and journalists.

Organisers of the match where the violence broke out say they have no connection to the ruling party.



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Russia strikes Ukraine with deadly attacks ahead of planned Istanbul talks with Kyiv

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Delegations from Russia and Ukraine will meet in Turkey on Monday for their second round of direct peace talks in just over two weeks.

The Ukrainian delegation led by Defense Minister Rustem Umerov was in Istanbul for the meeting, according to Heorhii Tykhyi, spokesperson for the Ukrainian Foreign Ministry, said in a message posted on the Ukrainian Embassy Whatsapp group.

The Russian delegation headed by Vladimir Medinsky, an aide to Russian leader Vladimir Putin, arrived on Sunday evening, Russian state media reported.

Turkish officials said the meeting would start at 1 p.m. local time (10:00 GMT), with Turkish Foreign Minister Hakan Fidan presiding over the talks and officials from the Turkish intelligence agency also present.

However, Ukrainian spokesperson Tykhyi said the start would be at midday local time.It was not immediately possible to clarify the discrepancy.

Recent comments by senior officials in both countries indicate they remain far apart on resolving key conditions for stopping the war.

Fierce fighting has in the meantime continued along the roughly 1,000-kilometer (620-mile) front line, and both sides have hit each other’s territory with deep strikes.

It comes as a Ukrainian drone attack destroyed more than 40 Russian planes deep in Russia’s territory, Ukraine’s Security Service said on Sunday, while Moscow pounded Ukraine with missiles and drones just hours before the new round of talks.



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