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Democratic Republic of the Congo (DRC) Hydrocarbons Minister to Speak at Angola Oil & Gas (AOG) 2023

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Angola

Representing a frontier oil and gas market, the Democratic Republic of the Congo stands to learn a great deal from its regional neighbor Angola

LUANDA, Angola, July 7, 2023/APO Group/ — 

Energy Capital & Power (EnergyCapitalPower.com) is pleased to announce the participation of Didier Budimbu Ntubuanga, Minister of Hydrocarbons of the Democratic Republic of the Congo (DRC), as a keynote speaker at the 2023 edition of the Angola Oil & Gas (AOG) conference and exhibition (https://apo-opa.info/46A1Zl3).

Scheduled to take place in Luanda from September 13-14, AOG 2023 will bring together a distinguished lineup of regional ministers and globally competitive energy companies. The event will focus on crucial topics such as oil and gas investment, expanding infrastructure, and methods to enhance regional collaboration.

Representing a relatively new and largely untapped hydrocarbon market, the DRC stands to learn a great deal from an oil and gas heavyweight such as Angola. With over 5 billion barrels of oil, the Central African country is undertaking an ambitious exploration drive in the hopes of revealing sizeable hydrocarbon deposits and monetizing resources.

In July 2022, the country’s Ministry of Hydrocarbons officially launched its 2022 Bid Round, with 27 oil Blocks and 3 gas Blocks on offer. At the beginning of 2023, the Ministry awarded three licenses for natural gas blocks to Symbion Power (Makelele Block); Winds Energy & Production (Idjwi Block); and Alfajiri Energy (Lwandjofu Block).

Angola and the DRC have enjoyed a long-history of strong bilateral relations, with cooperation expanding the security, social, political and economic sectors

While exploration and production (E&P) is largely concentrated in the Congo Basin as well as along the four major lakes bordering Tanzania, Burundi, Rwanda and Uganda, efforts to expand the upstream market even further have opened lucrative opportunities for E&P players and investors alike. AOG 2023 provides a platform for Minister Ntubuanga to provide crucial insight into such opportunities, paving the way for deals to be signed and licenses awarded.

Notwithstanding the promotion of untapped acreage, Minister Ntubuanga’s participation at AOG 2023 will advance discussions around regional collaboration and the role cross-border cooperation plays in strengthening energy developments, facilitating intra-African trade and driving long-term and meaningful economic growth.

Angola and the DRC have enjoyed a long-history of strong bilateral relations, with cooperation expanding the security, social, political and economic sectors. Now, both countries are eager to leverage these ties to accelerate the development of their respective energy sectors, and the AOG 2023 conference will be a strategic platform for the exchange of dialogue in this regard.

“The DRC’s Minister of Hydrocarbons’ participation at the 2023 edition of AOG 2023 is not only a testament to the strategic role the conference plays in advancing dialogue, driving deals and charting a path of development for Africa’s energy sector but speaks to the commitment by the DRC to strengthen its own energy progress on the back of regional collaboration. We look forward to having Minister Ntubuanga in Luanda this September,” states Stephanie E. Benjamin, International Conference Director for AOG.

AOG 2023 takes place under the auspices of the Minister of Mineral Resources, Oil and Gas, H.E. Diamantino Pedro Azevedo, and in partnership with the National Oil, Gas and Biofuels Agency, AIDAC and the African Energy Chamber. The event represents the premier platform to address the most pressing matters across the regional energy sector; to generate new ideas and opportunities; and to make the decisions that will accelerate the growth of both the Angolan and broader African energy sector.

For more information about attendance, sponsorship or partnership opportunities, visit www.AngolaOilandGas.com and secure your place at premier platform for the Angolan energy sector. 

Distributed by APO Group on behalf of Energy Capital & Power.

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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Business

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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