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Cassava Technologies forges ahead with rollout of its GPU-as-a-Service offering, reinforcing its commitment to Africa’s digital future
Cassava Technologies (www.CassavaTechnologies.com), a global technology leader of African heritage, has made significant progress with its landmark project to establish Africa's first network GPU-as-a-Service (GPUaaS) offering. As the first preferred NVIDIA Cloud Partner (NCP) in Africa, these secure data centre facilities, located across South Africa, Nigeria, Kenya, Egypt, and Morocco, will mark the company's long-standing leadership in providing world-class digital solutions on the continent.
“Cassava's commitment to growing Africa's AI ecosystem is not just about technology; it's about empowerment. Securing the position as the first preferred NVIDIA Cloud Partner in Africa enables us to play a crucial role in the continent's AI ecosystem. At Cassava, we want to enable African businesses to emerge as leaders and innovators in AI, not just consumers. We want to empower Africa to write our own AI future, in our own languages, with our own data using local compute infrastructure,” said Hardy Pemhiwa, President & Group CEO of Cassava Technologies.
Deploying high-performance compute locally in Africa is a game-changer. It enables entrepreneurs, governments, and enterprises to develop and deploy AI solutions cost-effectively and with greater sovereignty. With Cassava's GPUaaS, the company is democratising access to cutting-edge AI computing capacity, empowering African businesses, governments, and researchers to develop innovative AI solutions, streamline operations, and stay competitive in a fast-changing world.
By delivering world-class compute capacity to Africa, Cassava Technologies is positioning the continent not only as a participant but as a creator in the global AI economy. This aligns with the company's purpose of enabling a digitally connected future that leaves no African behind.
Distributed by APO Group on behalf of Cassava Technologies.About Cassava Technologies:
Cassava Technologies is a technology leader providing a vertically integrated ecosystem of digital services and infrastructure enabling digital transformation. Through its business units, namely, Liquid Intelligent Technologies, Liquid C2, Africa Data Centres, Distributed Power Africa, Sasai Fintech, Cassava has operations across key growth markets like Africa, the Middle East, Latin America and the United States of America. Cassava provides its customers in 94 countries with offerings that will help them grow, transform, and expand their operations. www.CassavaTechnologies.com
President El-Sisi Meets Chief Executive Officers (CEOs) and Business Leaders of Major Egyptian and Global Companies
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Today, President Abdel Fattah El-Sisi met with CEOs and business leaders of 52 major Egyptian and international companies specialized in the outsourcing sector in the field of communications and information technology. The meeting was held on the sidelines of their participation in the Global Outsourcing Summit, hosted by Egypt on November 9-10, 2025. The meeting was also attended by Prime Minister, Dr. Mostafa Madbouly, and Minister of Communications and Information Technology, Dr. Amr Talaat.
Spokesman for the Presidency Ambassador Mohamed El-Shennawy said President El-Sisi started the meeting by welcoming the companies' leaders, expressing gratitude for their confidence in Egypt's communications and Information Technology sector. This confidence was reflected in their signing of 55 agreements with the Ministry of Communications and Information Technology the previous day, which aim to create 75,000 new job opportunities over the next three years. The President emphasized that Egypt's hosting of this global summit demonstrates the international community's confidence in the country's capabilities in this vital sector and its commitment to enhancing its position as an attractive destination for global companies, particularly in outsourcing. President El-Sisi also pointed out Egypt's competitive advantages in the communications and Information Technology sector.
The President confirmed that Egypt was keen on developing a national digital strategy aimed at transforming the communications and Information Technology sector from a purely service-oriented sector into a productive one that contributes to job creation, increased exports, and economic growth. The President also stressed the importance of establishing specific targets within the strategy to ensure its success. Additionally, President El-Sisi emphasized the role of human resources in implementing the strategy and the state's efforts to expand the base of trained Egyptian professionals who drive the industry, in collaboration with major international universities and educational institutions. The President stressed Egypt's commitment to integrating digital education into the national education system and its ambition to achieve significant advancements in this field, particularly given the size of the Egyptian market and its capacity to absorb more workers in this specialized area.
President El-Sisi engaged in an interactive dialogue with several companies present at the meeting. Company representatives expressed their interest in expanding their investments in Egypt, commending the favorable business climate and the facilitation provided by the state. The President reaffirmed Egypt's support for foreign investors and its readiness to remove any obstacles they may face, noting that Egypt's stability, despite regional challenges, is a key factor in attracting investment. President El-Sisi emphasized that this stability stems not only from the state's measures, but also from the awareness and determination of the Egyptian people to maintain stability and attract more foreign investments.
The Minister of Communications and Information Technology, Dr. Amr Talaat, addressed the meeting, highlighting that the communications and Information Technology sector has now become the fourth strategic sector alongside industry, agriculture, and tourism in Egypt's economic growth process. Dr. Talaat also noted that outsourcing has become one of the key pillars of Egypt's strategy to transform the communications and IT sector into a productive service sector.
The Minister also mentioned that the government aims to quadruple the number of workers and digital exports in this sector. Dr. Talaat pointed out that the number of trainees has reached 800,000 annually, compared to just 4,000 trainees eight years ago. Furthermore, Dr. Talaat explained that the state has launched a comprehensive strategy to build digital capabilities, providing opportunities for graduates from various fields to join tech jobs and expanding training programs across Egypt through 24 Digital Egypt Innovation Centers established over the past five years in all governorates. The state has also introduced remote digital training methods to reach youth across the country.
Dr. Talaat added that to ensure the quality of graduates while expanding training, the state has introduced new training modules in specialized areas. He highlighted the "Digital Pioneers" initiative, which is directly overseen by President El-Sisi and aims to train more than 10,000 young men and women annually, with full scholarships provided by the state.
The Minister emphasized that Egypt is taking all necessary steps to encourage global companies in the communications and IT sector operating in Egypt to expand their operations and open new markets. This includes offering incentives such as support for training, hiring, and export rebate schemes. He added that 60-thousand specialists in this field joined the workforce by the end of 2024, and that Egypt's digital outsourcing exports have doubled between 2022 and 2024. The Minister also highlighted the annual growth rate of 14-16% in the sector, which has led to an increase in the sector's share of GDP from 3.2% in 2018 to 6% in 2025. Dr. Talaat also noted that digital exports in the outsourcing sector have doubled, confirming that Egypt continues to lead Africa in fixed internet speed for the fifth consecutive year. He reported that Cairo is ranked among the top cities for innovation and entrepreneurship globally.
At the end of the meeting, President El-Sisi emphasized that Egypt welcomes everyone who seeks to work and innovate, reiterating the state's determination to remove any obstacles faced by foreign investors in the country.
Distributed by APO Group on behalf of Presidency of the Arab Republic of Egypt.Fund for Export Development in Africa (FEDA) Announces Strategic Investment in Spiro to Accelerate Africa’s Electric Mobility Transition
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The Fund for Export Development in Africa (FEDA), the development equity impact investment arm of African Export-Import Bank (Afreximbank) (www.Afreximbank.com), has announced a $75 million investment in Spiro, the leading electric two-wheel assembler in Africa with the fastest growing battery swapping infrastructure. This investment is fully aligned with Afreximbank's broader automotive strategy, to develop integrated manufacturing ecosystems by fostering strategic partnerships across the entire value chain, from technology providers to local industrial champions.
The investment comes at a pivotal moment, benefiting from pro-electric vehicle policies across key African markets that are creating an enabling environment for clean mobility adoption. Against this backdrop, Spiro is uniquely positioned to scale rapidly, leveraging its proven business model and expanding battery swapping infrastructure to become a key driver of Africa's transition to a cleaner, more efficient mobility future.
Dr. George Elombi, President of Afreximbank and Chairman of the Board of Directors of Afreximbank and FEDA commented: “
“I am delighted that the partnership between FEDA and Spiro has now been consummated. With this partnership, the Bank is laying the groundwork for a new era of intra-African trade and industrialisation by stimulating local vehicle manufacturing, strengthening regional integration, and enhancing trade flows. Importantly, it fosters skills and technology transfer as well as creates employment opportunities and reduces the continent's reliance on imported second-hand vehicles.”
Gagan Gupta, Founder of Spiro said: “We are proud to welcome FEDA as a strategic investor as we accelerate the growth of Spiro's mission to transform mobility, energy storage, and distribution across Africa. Spiro's rapid expansion into new markets reflects the continent's strong appetite for clean, affordable, and efficient transportation. As we expand our battery swapping infrastructure and integrate renewable energy sources into our energy mix, we are positioned to unlock substantial upside in Spiro's energy distribution.”
Marlene Ngoyi, CEO of FEDA noted: “Spiro's success to date is a clear demonstration of the strength and scalability of its business model. The company's rapid growth and strong market adoption underscore the significant demand for affordable, sustainable mobility solutions across Africa. With its integrated approach, Spiro has built a platform that is both commercially viable and socially impactful.”
Professor Benedict Oramah, Fromer President of Afreximbank commented: “I am delighted that the partnership between FEDA and Spiro has now been consummated. With this partnership, the Bank is laying the groundwork for a new era of Intra-African trade and industrialisation by stimulating local vehicle manufacturing, strengthening regional integration, and enhancing trade flows. Importantly, it fosters skills and technology transfer as well as creates employment opportunities and reduces the continent's reliance on imported second-hand vehicles.”.”
Founded in 2022, Spiro operates Africa's most extensive and fastest growing battery-swapping network, with more than 60,000 electric motorcycles and 1,200 swapping stations. The company has built a model that is designed to accelerate the transition away from fossil fuel-based transport while enhancing energy efficiency, lowering urban emissions, and expanding affordable access to mobility for millions of Africans
Distributed by APO Group on behalf of Afreximbank.Media Contact:
Vincent Musumba
Communications and Events Manager (Media Relations)
Email: press@afreximbank.com
About FEDA:
The Fund for Export Development in Africa (“FEDA”) is the impact investment subsidiary of Afreximbank (www.Afreximbank.com), set up to provide equity, quasi-equity, and debt capital to finance the multi-billion-dollar funding gap (particularly in equity) needed to transform the Trade sector in Africa. FEDA pursues a multi-sector investment strategy along the intra-African trade, value-added export development, and manufacturing value chain which includes financial services, technology, consumer and retail goods, manufacturing, transport & logistics, agribusiness, as well as ancillary trade enabling infrastructure such as industrial parks. To date, FEDA has invested more than US$1.3 billion in companies and projects across its various fund initiatives, in sectors such as manufacturing, agro-processing, financial services, healthcare and pharmaceuticals, amongst others.
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 over 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 industrialisation 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 has set up a US$10 billion Adjustment Fund to support countries effectively participating in the AfCFTA. At the end of December 2024, Afreximbank's total assets and contingencies stood at over US$40.1 billion, and its shareholder funds amounted to US$7.2 billion. Afreximbank has investment grade ratings assigned by GCR (international scale) (A), Moody's (Baa2), China Chengxin International Credit Rating Co., Ltd (CCXI) (AAA), Japan Credit Rating Agency (JCR) (A-) and Fitch (BBB-). Afreximbank has evolved into a group entity comprising the Bank, its equity 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 Spiro:
Spiro is the largest electric mobility company in Africa, which operates the fastest growing battery swapping infrastructure in 6 countries in Africa. Spiro has a vision for transforming the African economies through substitution of expensive imported fossil fuel-based transportation into affordable, and accessible electric mobility solutions locally made in Africa, by Africans, for Africa & the world. This far, Spiro has achieved over 800 billion kms of CO2 free travel, crossed 26 million battery swaps and operated over 1200 battery swapping stations with more than 60,000 electric motor bikes in circulation. Through its expanding regional production network and operational assembling facilities in Uganda, Kenya, Nigeria and Rwanda, Spiro is committed to deliver affordable, locally manufactured electric mobility solutions at scale across Africa. For more information, visit: www.SpiroNet.com.
APO Group Chief Executive Officer (CEO) Bas Wijne to Deliver Keynote and Serve as Awards Judge at Africa Tech Festival 2025
APO Group (www.APO-opa.com), the leading award-winning, pan-African communications consultancy and press release distribution service, is proud to announce that its Chief Executive Officer, Bas Wijne, will deliver a keynote address at this week's Africa Tech Festival and serve as an official judge at the Africa Tech Festival Awards.
As the continent's premier gathering of innovators, investors, and policymakers, the Africa Tech Festival showcases the organisations, people, and ideas driving Africa's digital transformation. Wijne's participation underscores APO Group's commitment to this rapidly growing and influential sector. On Wednesday, 12 November, Wijne will take to the main stage with a keynote address titled “Future Signals for Africa's Emerging Tech Landscape”, sharing insights on the technologies reshaping industries across the continent, and how the current state of policy, investment, and communication intersect to influence Africa's tech boom. “At APO Group, we don't just tell Africa's innovation stories; we help track the signals of what's next,” said Wijne. “Africa's growth depends on how effectively we interpret these signals and invest in readiness. Visibility drives value, and when the world sees Africa's progress, confidence and opportunity follow. We're proud to play a part in driving this growth.”
Wijne will also join an elite panel of judges for the Africa Tech Festival Awards 2025, a flagship celebration of the most innovative and impactful achievements in Africa's digital economy. Finalists will be evaluated across ten categories, ranging from innovation in connectivity and fintech to sustainability and digital inclusion, before the winners are announced at the festival's awards gala on 12 November.
Affirming APO Group's role in amplifying the voices of Africa's technology pioneers, Wijne added: “The Africa Tech Festival Awards recognise the changemakers who are not only advancing technology but also shaping Africa's most profitable story - one of ingenuity, inclusion, and growth. It's an honour to serve alongside other industry leaders in celebrating the progress of our continent's innovators.”
For APO Group, participation in both the conference and awards aligns perfectly with its mission to connect innovators, investors, and policymakers with the right audiences and to drive Africa's tech transformation through storytelling. As the trusted communications partner for businesses and institutions across Africa, the company continues to reshape narratives by challenging stereotypes and showcasing African success stories on global stages.
APO Group's leadership presence at Africa Tech Festival 2025, complemented by Founder and Chairman Nicolas Pompigne-Mognard's (www.Pompigne-Mognard.com) continued service on the event's Leadership Council, highlights the organisation's long-term commitment to Africa's digital transformation. By supporting platforms that bring together public and private sector decision-makers, APO Group strengthens the ecosystem that enables innovation to thrive.
“As technology moves from hype to value, Africa must own its narrative,” said Wijne. “When we tell our stories confidently and invest with foresight, Africa doesn't just adapt to global trends, it defines them.”
The Africa Tech Festival (https://AfricaTechFestival.com/) will take place at the Cape Town International Convention Centre from 11 to 13 November 2025.
Distributed by APO Group on behalf of APO Group.APO Group Media Contact:
marie@apo-opa.com
About APO Group:
Founded in 2007, APO Group (www.APO-opa.com) is the leading award-winning pan-African communications consultancy and press release distribution service. Renowned for our deep-rooted African expertise and expansive global perspective, we specialise in elevating the reputations and brand equity of private and public organisations across Africa. As a trusted partner, our mission is to harness the power of media by crafting bespoke strategies that drive tangible, measurable impact on the continent and globally.
Our commitment to excellence and innovation has been recognised with multiple prestigious awards, including a PRovoke Media Global SABRE Award and multiple PRovoke Media Africa SABRE Awards. In 2023, we were named the Leading Public Relations Firm Africa and the Leading Pan-African Communications Consultancy Africa in the World Business Outlook Awards, and the Best Public Relations and Media Consultancy of the Year South Africa in 2024 in the same awards. In 2025, Brands Review Magazine acknowledged us as the Leading Communications Consultancy in Africa for the second consecutive year. They also named us the Best PR Agency and the Leading Press Release Distribution Platform in Africa in 2024. Additionally, in 2025, the Davos Communications Awards 2025 awarded us the Gold Award for Best PR Campaign and the Bronze Award for Special Event.
APO Group's esteemed clientele, which includes global giants such as Canon, Nestlé, Western Union, the UNDP, Network International, African Energy Chamber, Mercy Ships, Marriott, Africa's Business Heroes, and Liquid Intelligent Technologies, reflects our unparalleled ability to navigate the complex African media landscape. With a multicultural team across Africa, we offer unmatched, truly pan-African insights, expertise, and reach across the continent. APO Group is dedicated to reshaping narratives about Africa, challenging stereotypes, and bringing inspiring African stories to global audiences, with our expertise in developing and supporting public relations campaigns worldwide uniquely positioning us to amplify brand messaging, enhance reputations, and connect effectively with target audiences.
President João Lourenço Honors Haim Taib with Angola’s Peace and Development Medal for Three Decades of Partnership and Progress
As part of the national celebrations marking 50 years of Angola's independence, the Government of Angola has honored individuals and partners who have made exceptional contributions to the country's development and progress. Among those recognized, H.E. João Manuel Gonçalves Lourenço, President of the Republic of Angola, awarded Haim Taib, Founder and President of the Menomadin and Mitrelli Group (https://Mitrelli.com/), the Peace and Development Medal (Classe Paz e Desenvolvimento), in acknowledgment of his long-standing partnership with Angola and his contribution to strengthening the nation's economic and social foundations.
Haim Taib is a businessman, investor, and philanthropist, with over 40 years of experience, more than 35 in Africa building a powerful value chain of companies and initiative. For more than 35 years, he has worked and led over 100 national-scale projects and mobilized investments that have improved lives and supported sustainable growth across the continent.
Arriving in Angola in 1991, during the civil war, Taib recognized the country's resilience and potential, beginning his work in the country with a vision to transform peace into progress and hope into opportunity, mobilizing financial and human resources and contributing to the country during such economic and socially challenging period. Following the war, joining different sides of the conflict with a share purpose, he succeeded in implementing a self-sustaining communities based on food production. The initiative Aldeia Nova became a symbol of peace and a new chapter for agri-industrial development.
From that foundation, Taib led the next phase of growth, through his ecosystem of companies, including Mitrelli, Luminar, Menomadin and JETA, becoming a strategic partner of Angola for major sectors for human development: water, food security, energy, and housing, followed by education, healthcare, and technology, implementing major national solutions as water for all, advanced hospitals, entrepreneur centers, vocational schools, launching major operation in telecommunication (mobile and satellite and TV broadcast) and social impact. Lately, relevant projects of new centralities and Science Center became another reference of his mission, laying the foundations for inclusive growth.
In 2025, building on three decades of partnership, he co-founded the Lobito Corridor Impact Development (LCID) Platform together with Angola's Sovereign Wealth Fund, a USD 1 billion private-sector-led initiative, with USD 100 million already committed. The platform represents a new generation of financing mechanisms that blend public purpose with private capital, unlocking infrastructure, trade, agriculture, and education across Angola, the DRC, and Zambia.
None of this would have been possible without the partnership and trust of the Government of Angola, local authorities, business and financial partners, and the many communities and employees who opened their doors and hearts to work together. Over the years, these projects have created tens of thousands of jobs, brought electricity and water to millions, built new homes and hospitals, and empowered youth through innovation, education and culture. Their dedication is what turns vision into real impact and progress into everyday life.
Taib social development vision is embodied in the Fundação Arte e Cultura, empowering young Angolans through art, education, and culture. As Angola celebrates 50 years of independence, the Classe Paz e Desenvolvimento medal honors Haim Taib's enduring contribution to the nation's peace and development.
“This recognition belongs as much to the people of Angola as it does to me,” said Haim Taib. “It is a tribute to our shared belief that when people can dream, they can create. They can change. They can build their future with their own hands. I share this honor with everyone in our Group, the wonderful people whose dedication, values, and belief in this vision have brought it to life and continue to do so every day.”
Ceremony video: https://apo-opa.co/484faxn
Distributed by APO Group on behalf of Mitrelli Group.Follow us on:
LinkedIn: https://apo-opa.co/4hWXnMa
About Mitrelli:
Mitrelli (https://Mitrelli.com/), a Swiss-based international company with over a decade of profound impact in Africa, has been collaborating closely with African leadership, governments, businesses, and communities, investing in and implementing innovative, holistic, and sustainable national-scale solutions. To date, the company has over 100 national-scale projects implemented across the continent, spanning housing, water, food, and energy—as well as key societal accelerators such as education, healthcare, and technology. To learn more, visit us at https://Mitrelli.com/.
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