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Africa’s 20 Entrepreneurs Make Business Case
Africa’s 20 entrepreneurs will be presenting a business case for investment at Viridis Africa in October and among them will be Ben van Rooyen, CEO, ZEO Africa
Zeo Africa was established in 2013 in order to commercialise ZeoForm, a patented product developed by Zeo IP, an Australian company.
ZeoForm granules and products made from the granules are completely biodegradable, non toxic, and compostable.
These capabilities are developed through chemical bonding at the molecular level, making ZeoForm and its derivatives nanotechnology compounds and products.
Zeo Africa has exclusive rights to all proprietary intellectual property of Zeo IP in South Africa, including patents, trade secrets, methods and plans for the production of ZeoForm granules and products, and all trademarks and copyrights.
Zeo Africa also has non-exclusive rights to the technology for the rest of the African continent, with a first right of refusal for an exclusive license in any country.
“Zeo Africa’s mission is to develop and commercialize ZeoForm and derivatives – transforming recovered and renewable cellulose fibers into an array of new eco-materials for specialized and everyday use. By doing this we intend to be a leading African supplier for companies seeking biodegradable and recyclable raw materials,” said Ben van Rooyen, CEO of Zeo Africa.
Another entrepreneur is Joel Arcus, BioWaste Technologies. Joel is a man of vision and intention. A dedicated father and husband who is passionate about the environment and believes that a community involved in sustainable, bio-friendly solutions is the way to heal our planet.
“I am a firm believer that education, integrity, purpose and uplifting others will build humanity as a whole and allow for the alleviation of poverty and afford others the opportunity to achieve success and establish a bright future for generations to come.”
Joel is the general manager of Green Waste Energy Development Africa which is developing green waste to energy projects in Africa.
He is also the director of BioWaste Technologies (PTY) LTD. BioWaste Technologies (PTY) LTD is a consulting and solutions based company that addresses a huge need for developing South African entrepreneurs by creating and driving functional, adaptable and sustainable Green Projects in partnership with our clients.
The company’s vision is Zero Waste to Landfill. BioWaste Technologies is a services oriented company delivering green waste management solutions through the implementation of a few niche products.
“We drive functional, adaptable and sustainable green projects in partnership with our clients, assisting them with their waste management strategies. We thus enable them to contribute to a greener and healthier environment, while simultaneously adding valuable cost saving solutions to their existing waste removal practices, through the implementation of either one of our product solutions.” said Arcus.
“BioWaste Technologies was created in 2010 out of a deep passion to do something constructive about our South African environmental degradation and climate change.”
Joel Arcus and Ray Finch, founding partners, left their jobs and set themselves the challenge to find sustainable technology solutions for dealing with organic waste. Today they and their team of partners are pioneers and leaders in the field.
“Recycling” is growing or “recyclables” with up to 25% of plastics, glass, metals, paper & cardboard now being recycled in our biggest cities. Organic waste though, is posing significant unsolved challenges. Not only in South Africa, but all over the world.
“Realistically the only “long term solution”, is that we need to find ways to USE or RECYCLE, EVERYTHING so, we have set our Vision for South Africa to achieve “Zero Waste to Landfill”.”
“We are investing heavily in bringing innovative solutions including: In-Vessel Composting plants; Waste to Energy Plants; and comprehensive waste management facilities where recyclable is recycled, organic waste is composted and the rest is gasified to produce electricity,” concluded Arcus.
The intention of Viridis Africa is to bring together investors such as Inspired Evolution, Sterling Waterford Securities, Lerako Metier, the IDC, Curatio Capital, Vantage Capital and the Technology Innovation Agency and entrepreneurs from Africa and the rest of the world, to jointly explore commercial initiatives in green technologies.
The programme includes the presentation of 20 projects of business initiatives, ranging in size and scope and encompasses priority areas such as bioenergy, hydro, wind power, green chemistry, recycling, water treatment, desalination, amongst others.
Principals who would present their business opportunities at this event would have the audience of numerous local and foreign investors who have $300 Million available for investment into these various initiatives (Solar Energy – Bio Energy – Waste Energy).
Investors would include venture capital, private equity, project and corporate finance outfits and others dedicated to the clean tech sector. Also included are major companies who seek strategic alliance and acquisitions.”
New technologies currently being developed by academic and research institutions will also have their opportunity so as to introduce potential business opportunities through the commercialisation of the above.
“Additional business proposals are invited from clean tech sub-sectors including clean energy generation (wind, solar, hydro, biofuels, geothermal, clean coal technologies), storage (fuel cells, advanced batteries, hybrid systems), efficiency (smart grids, waste heat recovery), water & waste water (water treatment, water conservation, waste water treatment, desalination) and recycling and waste (recycling, waste treatment, organic matter, plastics) etc.” said Adam.
The event will also introduce parties with complementary technologies and business models to one another in order to explore mutually beneficial opportunities.
The main purpose of the conference and its exhibitions will endeavour to bring about a vibrant market trading place for entrepreneurs and corporate to propose and conclude investment deals with funders
Although the event is to be held once a year, it is designed to give the participants long term continuity vis a vis the provision of web-based interaction platforms, inducing social networks.
Business Case Presenters:
Principals who would present their business opportunities at this event would have the audience of numerous local and foreign investors, stratified according to their interest and investment criteria.
The following are some of the clean tech sub-sectors in which principals may consider their company, initiative being presented: Clean Energy Generation: Wind, solar, hydro, biofuels, geothermal, clean coal technologies
News
FG Unveils AI Public Services Platform

Federal government has launched GovGuideNigeria, an artificial intelligence (AI)-powered digital platform designed to streamline access to public service information through WhatsApp and the web.

The platform consolidates information from more than 35 federal ministries and over 60 government agencies, marking a significant step in Nigeria’s drive to expand AI-enabled public infrastructure and digital government services.
According to Bosun Tijani, Nigeria’s minister of communications, innovation and digital economy, the initiative aims to simplify interactions with government services, particularly for underserved communities that often face challenges navigating complex public-sector systems.
Developed in collaboration with the National Centre for Artificial Intelligence and Robotics, Meta, and Publica AI, GovGuideNigeria uses conversational AI to provide real-time responses via WhatsApp and a web interface in English, Hausa, Igbo and Yoruba.
Sade Dada, head of public policy at Meta, said the multilingual rollout highlights the growing use of natural language processing within African public institutions to improve digital inclusion and broaden access to services.
Ignatius Willie, chief executive of Publica AI, said the platform demonstrates how Africa’s next generation of digital public infrastructure can be developed locally using African languages.
GovGuideNigeria is intended to address longstanding challenges in Nigeria’s public information system, where citizens often struggle to access reliable guidance because of fragmented government websites, poor communication channels and the expense of travelling to physical offices.
Through AI-driven automation, users can obtain information on immigration procedures, documentation requirements, public programmes and agency-specific services through chat-based interactions.
The launch also reflects Nigeria’s broader ambition to integrate AI into digital governance, while strengthening partnerships between government agencies, global technology companies and local AI startups to modernise public service delivery.
News
Elon Musk to Become First World’s Trillionaire with SpaceX Historic IPO

Elon Musk is poised to become the world’s first trillionaire after SpaceX, his company, confirmed plans to go public.

Elon Musk
Because Musk owns the majority of the shares, it could push his net worth over the trillion dollar mark.
The entrepreneur is known for his leadership of Tesla, SpaceX, X, and xAI.
Musk has been the wealthiest person in the world since 2025; as of May 2026, Forbes estimates his net worth to be $788 billion.
SpaceX has filed for a blockbuster public listing in the United States, paving the way for what could become the largest stock market debut in Wall Street history.
The company, formally known as Space Exploration Technologies, announced plans to begin trading under the ticker symbol “SPCX” as early as next month.
The listing values SpaceX at about $1.25 trillion, with Musk’s majority ownership potentially worth more than $600 billion alone.
Combined with his existing holdings in companies including Tesla, the IPO could push Musk’s personal wealth above the $1 trillion mark.
The long-awaited filing also offered investors a rare look into SpaceX’s finances.
The company reported $18.6 billion in revenue last year but recorded a net loss of $4.9 billion. In the first quarter of this year, SpaceX generated $4.7 billion in sales while posting a $4.3 billion net loss.
Financial disclosures showed the company holds $102 billion in assets, including rockets, launch infrastructure and satellite systems, while carrying debts totalling $60.5 billion.
Despite the losses, analysts suggested investors were unlikely to be deterred given SpaceX’s dominance in commercial space launches and satellite internet services.
Ruth Foxe-Blader, managing partner at Citrine Venture Partners, described the planned flotation as “extremely exciting.”
“SpaceX is just an absolutely sprawling, enormous project with so many different selling points, and so many points that really point to the future,” she said.
SpaceX operates the Starlink satellite internet network and also owns Musk’s artificial intelligence company, xAI.
The IPO filing revealed that xAI recently reached a major commercial agreement with rival AI company Anthropic, maker of the Claude chatbot.
Under the arrangement, Anthropic will reportedly pay $15 billion annually to access data centre infrastructure linked to xAI operations in the American South.
The filing also disclosed that SpaceX expects to incur more than half a billion dollars in legal costs from multiple ongoing lawsuits and regulatory disputes.
Among the cases listed were claims alleging that xAI’s chatbot Grok had been used to create sexualised deepfakes of women and girls, alongside patent infringement disputes, music copyright claims, data breach allegations and investigations into compliance with European Union content moderation rules.
Musk has previously said he plans to dissolve xAI as a standalone company and pursue his AI ambitions directly under SpaceX.
The filing came shortly after Musk lost a high-profile legal battle against OpenAI and its chief executive Sam Altman.
Musk had accused OpenAI of abandoning its non-profit mission after shifting towards a commercial model, but a jury dismissed the lawsuit, ruling that he had waited too long to bring the claims.
News
Moniepoint Boosts UK Payments Security

African financial services platform Moniepoint has partnered with open banking software-as-a-service provider tell.money to deploy a transaction security system in the UK market.

The companies said the partnership will allow Moniepoint to implement Confirmation of Payee, an account name-checking service designed to verify recipient details before payments are processed.
The integration will be rolled out through Monieworld, Moniepoint’s UK remittance subsidiary, as part of the company’s broader European expansion strategy.
Tell.money will provide the underlying verification technology, which the companies said is intended to reduce misdirected payments and help protect users against cross-border fraud.
Ravi Jakhodia, CEO of Monieworld, said: “Our goal with Monieworld is to build financial services for Africans in the diaspora.”
He added that tell.money was selected because it manages compliance and accreditation requirements, allowing the fintech company to focus on customer service.
Moniepoint is entering a competitive UK-to-Africa remittance market that includes established providers such as Wise, WorldRemit and Remitly, as well as African fintech firms including Flutterwave’s Send App.
According to data from the World Bank’s KNOMAD programme, remittance flows to low- and middle-income countries are estimated at about $620 billion annually, with digital -first platforms capturing increasing market share through open banking integrations and automated compliance systems.
The rollout reflects a broader trend of African fintech firms expanding into developed markets by adopting local regulatory and open banking standards.
Industry analysts expect diaspora-focused platforms to evolve beyond money transfers into services such as multi-currency banking, credit and investment products.
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