New directors bring 60 years of combined capital markets and resource industry expertise
CALGARY, ALBERTA - Media OutReach Newswire - 14 July 2026 - First Energy Africa Oil Corp. ("First Energy Africa" or the "Corporation"), a Calgary-based energy corporation , today announced the appointment of Simon Akit and Frederick Kozak to its Board of Directors, effective July 13th, 2026.
Simon Akit
Mr. Akit is founder and managing partner of a resource advisory firm, bringing more than 25 years of experience in Canadian and U.S. capital markets and seven years of engineering and operations experience in the resource industry. He has held senior capital markets and leadership roles at Ventum Financial, Canaccord Genuity, among others and has raised over $5 billion in equity and debt financing for resource companies from institutional investors across Canada, the United States, Europe, and Asia. He holds an MBA from the Rotman School of Management at the University of Toronto, is a Professional Engineer (APEGA) and currently serves on the boards of several public and private companies.
Frederick Kozak
A Canaccord Genuity former oil and gas research analyst, Kozak is an award winning financial analyst and corporate executive. He brings more than 40 years of experience in the resource and capital markets sector with a focus in Africa and South America. Mr. Kozak holds an MBA from the Ivey School of Business at the University of Western Ontario. He is a Professional Engineer (APEGA) with Lifetime status in Alberta and currently serves on the boards of one public company and one private company.
"Simon and Fred are bringing complementary technical and capital markets seniority required for our complex business. We are confident their contributions will set the right approach on our strategic priorities," said Jeff Ruskowsky, President, First Energy Africa
The Corporation remains committed to upholding the highest standards of governance and sustainability as it continues to responsibly unlock value across its resource portfolio.
Hashtag: #FirstEnergyAfricaOil
The issuer is solely responsible for the content of this announcement.
About First Energy Africa Oil
First Energy Africa Oil Corp. is a privately held Canadian corporation pursuing exploration and block acquisitions in sub-Saharan Africa. The Company is headquartered in Calgary, Alberta, Canada.
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BANGKOK, THAILAND - Media OutReach Newswire - 14 July 2026 - Paymentology, the leading global issuer processor, today announced a strategic partnership with Thailand-based fintech and payment technology provider T2P to expand access to modern card issuing capabilities and accelerate digital payment innovation across Thailand.
Through the partnership, T2P will leverage Paymentology's next-generation issuer processing platform to deliver scalable, secure and flexible card programmes for fintechs, financial institutions, corporates and enterprises looking to launch innovative payment solutions.
The collaboration strengthens T2P's growing payments ecosystem, enabling businesses to bring new prepaid, corporate and digital wallet-linked card programmes to market more quickly while benefiting from Paymentology's real-time processing capabilities, global expertise and highly configurable platform.
Thailand has become one of Southeast Asia's fastest-growing digital payments markets. According to the Bank of Thailand, online payments increased by 13.5% year-on-year in 2025, reflecting growing adoption of digital wallets, QR payments, embedded finance and cashless payment experiences. As businesses look to capitalise on this shift, they increasingly need trusted technology partners that can reduce complexity and accelerate innovation.
By combining Paymentology's cloud-native issuer processing platform with T2P's local market expertise, the partnership will help organisations develop payment solutions that meet evolving consumer and business expectations while supporting Thailand's continued digital transformation.
Minh Ha Truong, Head of Growth APAC at Paymentology, said:"Thailand is one of the most exciting payments markets in Asia. As demand grows for embedded financial services and innovative card programmes, organisations need technology that allows them to launch quickly while remaining flexible enough to evolve with customer expectations.We're delighted to partner with T2P as they continue expanding their payment capabilities."
The partnership will initially support a broad range of use cases including:
- Prepaid card programmes
- Corporate and commercial payments
- Employee spend management
- Digital wallet-linked cards
- Embedded finance solutions
- Cross-border payment programmes supporting Thailand's thriving tourism sector
TaweechaiPureethip, Chief Executive Officer at T2P, said: "Our partnership with Paymentology is an important step in strengthening T2P's card and payment technology capabilities. Paymentology's modern issuer processing platform, real-time processing capabilities, flexibility and experience across markets give us confidence as we continue to develop reliable and scalable payment solutions for businesses in Thailand. Together, we aim to make it easier for organisations to bring practical, secure and flexible card-based payment programmes to market."
As payment services become increasingly embedded into everyday consumer journeys and business operations, the partnership positions both organisations to support the next generation of payment innovation while expanding access to more secure, reliable and practical payment tools for businesses and consumers across Thailand.
Hashtag: #Paymentology #T2P
https://www.paymentology.com/en/
The issuer is solely responsible for the content of this announcement.
** This press release is distributed by Media OutReach Newswire through automated distribution system, for which the client assumes full responsibility. **
