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29 Blocks Available for Investment in Angola, Including First-Ever Marginal Fields

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Angola

The AEC-led webinar outlined emerging investment opportunities across Angola’s oil and gas market ahead of the country’s 2025 licensing round

JOHANNESBURG, South Africa, July 9, 2024/APO Group/ — 

Angola’s National Oil, Gas & Biofuels Agency will launch a limited tender in Q1 2025, offering 10 blocks in the Kwanza and Benguela Basins – including 5 marginal fields ­– marking a first for the country. Amid efforts to entice investment in blocks opportunities, the ANPG is inviting companies to participate in the upcoming licensing round. Negotiations are already open and companies are invited to contact the ANPG ahead of the official licensing launch.

To support investment, the African Energy Chamber (AEC), ANPG and EnerGeo Alliance hosted a webinar to discuss exploration opportunities in Angola. The webinar comes ahead of international conferences taking place in Cape Town – African Energy Week: Invest in African Energy and Angola­ – Angola Oil & Gas ­– and drew insight into mature and frontier prospects in Angola.

As sub-Saharan Africa’s second biggest oil producer, Angola offers a wealth of opportunities for E&P players. While production averaged 1.8 million barrels per day (bpd) between 2009 and 2015, national output saw a sharp decline from 2016 onwards owing to field maturation. The government has been working hard to address these declines, introducing regular block opportunities through tenders and permanent offer programs.

“We have been implementing a series of reforms. We approved a strategy in 2019 to license more than 50 blocks by 2025. So far, we have executed four licensing rounds and awarded more than 30 new concessions. We have another one planned for 2025 where we are projecting to put up another ten blocks offshore,” stated Alcides Andrade, ANPG Board Member.

Industry reforms have seen companies that have been operating in the country since the 1900s continue to invest. These include energy majors TotalEnergies, Chevron, bp and Eni – now operating as Azule Energy. Reforms have also been directed towards incremental production efforts to maximize output at existing fields.

According to Andrade, “The plan is to do everything we can to keep production above one million bpd. We are currently producing about 1.1 million bpd and have a diverse range of opportunities for different size companies as well as opportunities in onshore blocks, shallow waters and deepwater opportunities.”

So far, we have executed four licensing rounds and awarded more than 30 new concessions

Angola’s 2025 limited tender will feature Block 40, Block 25, Block 39 and Block 26 in the Benguela Basin as well as Block 22, Block 35, Block 37, Block 38 and Block 36 in the Kwanza Basin. Additionally, the country has four onshore blocks available; 11 blocks on permanent offer; and five marginal fields ready for exploration. The marginal fields are situated in producing blocks with proven systems and can be awarded individually. Companies that demonstrate interest will receive an invitation letter once the 2025 tender launches.

In addition to block opportunities, the ANPG is committed to strengthening sub-surface data across both mature and frontier fields. At present, Angola’s basins offer a library rich with 2D and 3D seismic data, however, more data is required to support exploration efforts. Ross Compton, Director: Global Policy, Energeo Alliance, stated that “The exploration industry is making energy possible for the world. Africa needs energy for industrialization, the movement of goods and people and climate resilience. We believe that through collaboration both within Africa and Angola is very bright and EnerGeo Alliance is ready to partner…”

Verner Ayukegba, Vice President, AEC, emphasized the wealth of opportunities that are available across Angola’s oil and gas industry, underscoring that investing in Angola has never been more attractive.

“Let’s capitalize on these opportunities that are readily available. We look forward to welcoming to Angola Oil & Gas (AOG), where these opportunities and many others will be on display. Book your tickets to meet ANPG in Angola from October 2-3,” he said.

The webinar comes ahead of the AOG 2024 Conference & Exhibition, the country’s premier event for the oil and gas industry.

Returning for its fifth edition from October 2-3 in Luanda, AOG 2024 takes place under the theme Driving Exploration and Development Towards Increased Production in Angola and connects investors to project opportunities in Angola. For more information, visit www.AngolaOilandGas.com.

The webinar also serves as a precursor to the African Energy Week: Invest in African Energy conference, taking place from November 4-8 in Cape Town. Representing the biggest energy event on the continent, the conference takes place under a mandate to make energy poverty history by 2030 and promotes investment in oil and gas in Africa. Companies interested in Angola’s oil and gas opportunities will gain insight into available acreage and partnership prospects at this year’s event. A dedicated Invest in Angola Energies session functions as a platform to connect companies while delving into exploration, production and infrastructure projects. For more information, visit www.AECWeek.com.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

High-Level Minister Roundup to Headline African Energy Week 2026

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African Energy Chamber

African Energy Week 2026 will convene ministers from Algeria, Ghana, Senegal, Zambia and Niger to spotlight oil, gas expansion, reforms and investment opportunities continentwide

CAPE TOWN, South Africa, March 13, 2026/APO Group/ –A high-level ministerial roundup will take center stage at this year’s African Energy Week (AEW) 2026 – taking place in Cape Town from 12–16 October –, convening some of the continent’s most influential energy leaders at a defining moment for Africa’s oil, gas and power sectors. As hydrocarbon expansion converges with accelerating energy transition strategies, the gathering is set to spotlight real-time project execution, regulatory reform and cross-border infrastructure that are actively reshaping Africa’s energy future.

 

Confirmed ministers to date include Algeria’s Minister of Energy and Renewable Energies Mourad Adjal, Ghana’s Minister for Energy and Green Transition Dr. John Abdulai Jinapor, Senegal’s Minister of Energy, Petroleum and Mines Birame Soulèye Diop, Zambia’s Minister of Energy Makozo Chikote and Niger’s Minster of Petroleum Hamadou Tinni.

 

Fresh from a March OPEC+ decision to lift output to 977,000 barrels of oil per day (bpd), Algeria enters AEW 2026 amid a $60 billion sector transformation. The country is also advancing a 500-well exploration drive and accelerating its 1.48 GW “Project of the Century” solar rollout. Gas exports to Europe remains central to the country, supported by hydrogen corridor planning and refinery expansion aimed at boosting capacity to 50 million tons by 2029.

 

Following license extension for Jubilee and TEN to 2040 and the late-2025 restart of the Tema Oil Refinery, Ghana is pushing a $3.5 billion upstream reinvestment plan while settling $500 million in gas arrears. A 1,200 MW state thermal plant and expanded gas processing at Atuabo anchor its gas-to-power shift, alongside a renewed upstream push in the Voltaian Basin.

The participation of these distinguished ministers underscores the scale of opportunity unfolding across Africa’s energy landscape and the urgency of aligning policy with capital

 

Senegal’s delegation comes on the back of strong production momentum, with the Sangomar oil field delivering 36.1 million barrels in 2025, outperforming forecasts, while the Greater Tortue Ahmeyim LNG development ramped up to 2.9 million tons per annum following first gas. Dakar is now prioritizing domestic gas through refinery upgrades at the SAR refinery and preparations for Sangomar Phase 2 to push output beyond 100,000 bpd.

 

Zambia is redefining its power mix after drought-induced hydro shortfalls. New solar capacity – including the 200 MW Chisamba expansion and 136 MW Itimpi Phase 2 – is part of a broader 2,500 MW diversification drive. Cabinet has approved major regional fuel pipelines, while the Energy Single Licensing System fast-tracks approvals. Lusaka targets 10 GW generation by 2030, with solar and wind rising to one-third of supply.

Niger’s presence reflects its emergence as a serious oil exporter, with the fully operational 1,950-km Niger-Benin pipeline now moving up to 90,000 bpd to international markets. Alongside uranium expansion and renewed cooperation with Algeria on upstream assets, Niamey is advancing digital oversight reforms and reinforcing energy sovereignty amid evolving geopolitical dynamics.

 

“The participation of these distinguished ministers underscores the scale of opportunity unfolding across Africa’s energy landscape and the urgency of aligning policy with capital,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Their leadership reflects a continent moving decisively from strategy to execution, creating a platform where investors can engage directly with the policymakers shaping Africa’s next wave of oil, gas and energy growth.”

 

At AEW 2026, this ministerial cohort will be well-positioned to offer investors direct insight into Africa’s most dynamic energy markets – where new barrels, new pipelines and new megawatts are reshaping regional growth trajectories in real time.

Distributed by APO Group on behalf of African Energy Chamber.

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Enlit Africa 2026 Programme: 280+ speakers, African nuclear 2.0, Bruce Whitfield Business Breakfast

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Enlit Africa

The event, taking place 19-21 May 2026 at the Cape Town International Convention Centre, expects 7,200+ attendees and 250+ exhibitors, making it Africa’s largest gathering of energy and water professionals

CAPE TOWN, South Africa, March 12, 2026/APO Group/ –Enlit Africa (https://apo-opa.co/4cEX08g) has released its full 2026 conference programme, featuring 280+ speakers across 8 specialised tracks including a new African Nuclear 2.0 session covering Koeberg’s 20-year life extension and Ghana’s nuclear vendor selection process.

 

The event, taking place 19-21 May 2026 at the Cape Town International Convention Centre, expects 7,200+ attendees and 250+ exhibitors, making it Africa’s largest gathering of energy and water professionals.

Award-winning business journalist and best-selling author Bruce Whitfield will deliver the opening address at the Project & Investment Network Business Breakfast on 19 May, kicking off three days of strategic sessions, deal-making platforms, and technical masterclasses.

New programme content includes:

African Nuclear 2.0 – A dedicated session examining the transition from planning to execution, featuring:

Koeberg Nuclear Power Station’s successful 20-year life extension (Units 1 and 2 now licensed until 2044/2045)

Ghana’s progression to Phase 3 of its nuclear programme, evaluating US, Chinese, and Russian technology bids

West African Power Pool‘s 10 GW regional nuclear capacity target

Small Modular Reactor (SMR) deployment readiness across African grids

Independent Transmission Projects (ITP) – A new session exploring how private investment is unlocking Africa’s transmission bottleneck, featuring global case studies from India’s PowerGrid and lessons for scaling grid capacity across the continent.

Generation Masterclasses – Five interactive roundtables on gas-to-power, nuclear, hydro power, clean coal, and hydrogen.

AI in Africa’s Power Grid – Examining practical deployment realities, real-time analytics, and predictive maintenance applications already in operation across African utilities.

Conference sessions and technical hub sessions on the expo floor are CPD-accredited by the South African Institute of Electrical Engineers (SAIEE) and the South African Institution of Civil Engineering (SAICE).

Co-located platforms:

Water Security Africa features country playbooks from Namibia (55-year potable reuse programme), Uganda (NRW reduction from 42% to 32%), Cape Town (Day Zero recovery strategies), and sector-specific stewardship sessions with Harmony Gold, Heineken, Mediclinic, and Growthpoint Properties.

Project & Investment Network (P&IN), part of the new Level 2 Executive Experience, connects project developers, investors, African utility CEOs, and DFIs through structured matchmaking, ministerial dialogues, and project briefings. Over the past two years, P&IN has facilitated $3 billion in project pitches.

Utility CEO Forum brings together 35+ confirmed utility CEOs under Chatham House Rule for candid, off-the-record strategic discussions on unbundling, prosumer management, and financial sustainability.

Municipal Forum addresses South African municipalities’ distribution, metering, and revenue challenges, including sessions on NRW management, tariff reform, Cost of Supply studies, and electrifying informal settlements.

Technical Hub sessions on the exhibition floor offer free, CPD-accredited training across Power, Renewable Energy & Storage, and Water tracks, with confirmed speakers from Eskom, ENGIE SA, ACTOM, National Transmission Company South Africa (NTCSA), RenEnergy, and Matla Energy.

Site visits on 22 May include Koeberg Nuclear Power Station and the V&A Waterfront desalination plant.

Pass options:
Free expo pass registration: https://apo-opa.co/4bl2bYu

Free expo passes provide access to 250+ exhibitors and CPD-accredited Technical Hub sessions.

Delegate Pass:
Early bird registration closes 3 April 2026. Delegate passes start at R15,100 (Silver), with P&IN Executive passes at R32,000 including access to the Bruce Whitfield breakfast, Level 2 executive lounge, and investor matchmaking.

Download the full programme: https://apo-opa.co/3NwCble

Register: https://apo-opa.co/4cEX08g

Distributed by APO Group on behalf of VUKA Group.

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Binance Secures Second Major Legal Victory in U.S. Court Under Anti-Terrorism Act in Two Weeks

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Binance

US Federal Court in Alabama Dismisses All Claims Against Binance in Latest Lawsuit Victory

JOHANNESBURG, South Africa, March 12, 2026/APO Group/ –Binance (www.Binance.com), the world’s largest cryptocurrency exchange, announced today that a U.S. federal court in Alabama has dismissed all claims against the company in a lawsuit alleging violations of the Anti-Terrorism Act (ATA). This marks Binance’s second major legal victory in an  ATA matter within one week, following their victory in the Southern District of New York.

A Full and Complete Legal Victory

In a detailed 19-page ruling, the Court found the plaintiffs’ complaint to be legally and factually deficient. The court’s decision to dismiss every claim across the board represents a decisive legal victory for Binance.

Sanctions compliance and terrorism financing are serious matters of law – they require evidence, legal rigour, and due process

The judge described the filing as a “shotgun pleading.” The complaint failed to clearly specify the claims and improperly grouped all defendants together without distinguishing individual conduct or liability. The ruling also emphasized that the plaintiffs did not meet the basic pleading standard to provide a “short and plain statement” of their claims.

Following the ruling, the court granted the plaintiffs until April 10, 2026, to file an amended complaint addressing the deficiencies identified. However, the judge warned that failure to adequately address these issues would result in dismissal of the entire case.

Building on Momentum and Upholding Legal Integrity

“This decision reinforces our unwavering commitment to protecting Binance and our community from unsubstantiated and bad-faith lawsuits,” shared Eleanor Hughes, General Counsel at Binance. “Sanctions compliance and terrorism financing are serious matters of law – they require evidence, legal rigour, and due process. Courts have now examined these claims on two separate occasions and found them to be without merit. These outcomes speak for themselves. We will not tolerate attempts to misuse the legal system to target our industry, and we remain as committed as ever to transparency, security, and lawful conduct in everything we do”.

This latest decision follows closely on the heels of Binance’s comprehensive victory in New York (https://apo-opa.co/46Xg0ev), where the Court similarly rejected allegations that the company assisted, participated in, or conspired with terrorists. Together, these rulings reflect Binance’s strong resolve to protect its platform and community.

Binance has consistently invested in industry-leading compliance infrastructure, regulatory engagement, and legal governance. The company will continue to vigorously defend itself against any attempts to bring unfounded claims or misrepresent its operations.

Distributed by APO Group on behalf of Binance.

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