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African Energy Week (AEW) 2024 to Host Country Spotlights on Namibia, Nigeria, Republic of Congo (ROC), Mozambique and More

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African Energy Week

African Energy Week: Invest in African Energy will drive new investment and partnership formations in Africa’s leading energy markets through a series of country-specific sessions

CAPE TOWN, South Africa, July 9, 2024/APO Group/ — 

The upcoming African Energy Week (AEW): Invest in African Energy conference – Africa’s premier event for the energy sector, taking place this November in Cape Town – will host a series of country-specific spotlights, showcasing investment opportunities across Africa’s leading energy markets.

Spotlight sessions will highlight projects seeking investment, licensing rounds, planned drilling campaigns and other opportunities for private sector participation. Invest in Nigeria Energies will present lucrative opportunities in Nigeria’s oil and gas market, which has seen several key developments in recent months. The Nigerian Upstream Petroleum Regulatory Commission recently launched its 2024 licensing round, featuring 12 blocks on offer. Majors like Shell have announced plans to invest $1 billion in Nigerian gas projects over the next decade, while Chevron has launched a $1.4 billion infill drilling program. In the gas sector, Nigeria is aiming to produce 5.5 billion cubic feet per day by 2030 and enhance energy security by exploiting its 200 trillion cubic feet of gas reserves, on the back of the country’s flagship Decade of Gas initiative.

In Namibia, a series of offshore oil discoveries – including Shell’s Enigma-1X, Graff-1X, La Rona, Jonker-1X and Lesedi-1X; Galp’s Mopane-1X and Mopane-2X; and TotalEnergies’ Venus-1X and Mangetti-1X – have positioned the country as a global exploration hotspot. New exploration licenses for on- and offshore blocks awarded as part of the country’s latest open-door licensing system present further opportunities for both major and independent explorers. Namibia also ranks as one of Africa’s top green hydrogen markets – home to Hyphen Hydrogen Energy’s $10 billion Tsau-Khaeb development – with the Invest in Namibia Energies session set to showcase the country’s diversified energy agenda. 

The Invest in MSGBC Energies spotlight will delve into the MSGBC region’s energy boom, highlighting first gas production from the Greater Tortue Ahmeyim LNG project in Senegal and Mauritania, as well as first oil production at Senegal’s Sangomar Oil Development. Upcoming projects like the Yakaar-Teranga Hub in Senegal and the Orca and Banda gas fields in Mauritania continue regional industry expansion, while frontier exploration in The Gambia, Guinea-Conakry and Guinea-Bissau points to new oil and gas prospects. In the renewable energy space, Mauritania is also piloting green hydrogen with Chariot’s 10 GW Project Nour, CWP Global’s Aman and AMEA Power’s green hydrogen facilities.

Invest in the Republic of Congo Energies will explore the Congo’s ongoing efforts to maximize its oil production through historic levels of upstream investment. TotalEnergies has announced a $600-million plan to increase production at the Moho Nord field by 40,000 barrels per day in the next three years. Meanwhile, the Republic of Congo is spearheading gas exploration and monetization through a new Gas Master Plan and gas code, supported by Eni’s Congo LNG project – set to transform the country into a major LNG exporter – and Wing Wah’s Banga Kayo project, further enhancing the country’s gas market prospects.

The Invest in Algeria Energies session will showcase Algeria’s efforts to boost its gas reserves, production and exports to Europe, while establishing itself as a leading green hydrogen market. Last April, Algerian NOC Sonatrach signed an agreement with TotalEnergies to develop gas resources in the North-East Timimoun region, while the country is expanding its TFTII oil and gas pipeline to increase gas exports to Europe. Algeria is also evaluating prospects to develop and export green hydrogen to Europe through cooperation with private and public sector entities from Chile and Germany.

As one of Africa’s largest oil producers, Angola is undertaking a series of projects to maintain oil production above 1.1 million bpd through 2027. International energy firm Azule Energy is progressing in the expansion of its Ndungu oil field with the award of an $850-million energy services contract to Saipem last month. The launch of Angola’s 2025 limited public tender, featuring up to 10 offshore blocks in the Kwanza and Benguela basins, also remains highly anticipated. In the downstream sector, NOC Sonangol is expanding the country’s refinery capacity with various new refineries underway in Soyo, Lobito and Cabinda. The Invest in Angola Energies session functions as a platform to connect global investors with Angola’s untapped oil and gas opportunities.

Attracting new investors, partners and technologies is crucial for Africa to maximize the development and exploitation of its energy resources

In Equatorial Guinea, NOC GEPetrol recently initiated several E&P partnerships to unlock new opportunities within the country’s upstream sector, including a $350-million contract with energy services firm Petrofac and a deal with Panoro Energy concluding the terms for offshore Block EG-23. A drilling campaign has been launched by Trident Energy in the Ceiba and Okume fields in Block G since last November and has the potential to unlock additional hydrocarbon production, which will be unpacked at Invest in Equatorial Guinea Energies.

Libya’s National Oil Company plans to launch a licensing round by early-2025 as part of its strategy to boost oil production to 2 million bpd. The country has already increased production by 5.4% as of March 2024, surpassing Nigeria as Africa’s largest crude oil producer. A series of recent exploration agreements with international players including Sonatrach, Eni, bp, Equinor, Oil India and Repsol have restored confidence and catalyzed new activity within the gas and oil sector, with Invest in Libya Energies set to connect investors with emerging prospects.

In Mozambique, the launch of the country’s seventh licensing round in 2025 – alongside major projects such as TotalEnergies’ $10-billion Mozambique LNG facility, ExxonMobil’s Rovuma LNG facility and the expansion of Eni’s Coral South projects – present new opportunities for partnership and investment, to be explored at the Invest in Mozambique Energies spotlight. The award of six exploration blocks in the Angoche and Mozambique basins to China’s CNOOC and a consortium of Eni and Mozambican national oil company ENH – as part of the sixth licensing round in 2023 – highlights growing interest by international firms in the country’s oil and gas prospects.

Lastly, Ghana is undertaking over 17 new oil and gas projects through 2027, aiming for universal energy access by 2030 on the back of expanded hydrocarbon production. Invest in Ghana Energies represents the premier platform for investors to access opportunities within one of Africa’s most mature markets. Key projects include Aker Energy’s Pecan Phase 1A, Ghana National Gas Company’s Atuabo II Gas Processing Plant, Helios Investment’s Tema Floating LNG Plant and the Bulk Oil Storage and Transportation Company’s Tema-Akosombo II Pipeline.

“Attracting new investors, partners and technologies is crucial for Africa to maximize the development and exploitation of its energy resources. The country spotlights at AEW 2024 will connect Africa’s most dynamic markets with global investors, developers and decision-makers and foster strategic collaborations to drive the continent’s energy growth,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Distributed by APO Group on behalf of African Energy Chamber.

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Zambia–Lobito Railway Moves Towards Financial Close as President Hichilema Meets Africa Finance Corporation (AFC) Leadership

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Zambia

Project advances towards financing with preferred EPC bidders selected and letters of intent covering approximately 2 million tonnes a year signed

LUSAKA, Zambia, November 6, 2026/APO Group/ –His Excellency Hakainde Hichilema, President of the Republic of Zambia, has received a delegation from Africa Finance Corporation (AFC) (www.AfricaFC.org), led by its President and Chief Executive Officer, Samaila Zubairu, to review progress on the Zambia–Lobito Railway Project. AFC, the continent’s leading infrastructure solutions provider, is the lead sponsor and developer of the project.

The approximately 830-kilometre railway will connect Chingola in Zambia’s Copperbelt to Luacano in Angola, where it will link with the existing Benguela Railway and provide direct access to the Atlantic Ocean through the Port of Lobito.

 




 
 

A strategic component of the broader Lobito Corridor initiative, the project has reached several important development milestones. AFC last month announced preferred bidders for the engineering, procurement and construction (EPC) contracts for the Angolan and Zambian sections, following an international competitive tender. The project has also signed memoranda of understanding and letters of intent with prospective railway users covering approximately 2 million tonnes of freight a year.

Every tonne that leaves Zambia unprocessed takes jobs away with it

In addition to providing a direct Atlantic export route for Zambia’s copper and critical minerals, the project is being developed as an integrated economic corridor supporting agricultural exports, petroleum logistics, manufacturing and regional trade. Transit from the Copperbelt to the Port of Lobito is expected to take approximately seven days.

The project’s commercial strategy targets approximately 5 million tonnes of annual freight at steady state, comprising petroleum products, agricultural commodities, copper, cobalt, zinc and other industrial cargo. AFC is targeting financial close in 2027.

Discussions focused on continued collaboration between AFC and the Government of Zambia on the project’s next steps, including the railway’s right of way and land for associated agricultural, petroleum and freight-handling facilities. The meeting also considered rail sector policy measures to support the corridor’s long-term competitiveness, including integration with the Zambia Railways network and the Chingola–Ndola line.

President Hichilema reaffirmed the railway’s importance to Zambia’s economic development and regional integration. He said: “The Zambia–Lobito Railway is central to our vision of transforming Zambia into a competitive regional hub for trade, manufacturing, agriculture and mineral value addition. By connecting our productive sectors to international markets more efficiently, we can reduce logistics costs, attract investment and create jobs. We welcome AFC’s progress and will continue working closely together to advance this strategic project.”

Samaila Zubairu, President and Chief Executive Officer of AFC, said: “Every tonne that leaves Zambia unprocessed takes jobs away with it. This railway changes that. Starting in Chingola, it gives Zambia a seven-day route to the Atlantic and every reason to process, manufacture and add value at home. With preferred EPC bidders selected and strong interest from freight users, we are now working with the Governments of Zambia and Angola, the African Development Bank, the Government of Italy and our other partners to reach financial close. We are building a railway. Zambia will build an economy on it.”

AFC continues to work with the Governments of Angola and Zambia, the European Union, the United States Government, the Government of Italy and the African Development Bank, alongside Italian development finance institution CDP and Italian export credit agency SACE, to bring the Zambia–Lobito Railway into construction.

Distributed by APO Group on behalf of Africa Finance Corporation (AFC).

 




 

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Mukuru Partners with Flash to Add 170,000 Cash Pay-in Points Across South Africa

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Mukuru

New partnership brings remittance payments into township, peri-urban and rural spaza shops nationwide

JOHANNESBURG, South Africa, November 6, 2026/APO Group/ –Mukuru (www.Mukuru.com), a leading financial services provider, has partnered with Flash, a payments technology company with an extensive network of spaza shops across South Africa, adding 170,000 cash pay-in points where customers can now pay for their Mukuru remittance orders. The network includes Flash’s broader merchant footprint, giving Mukuru access to locations through Flash and its partner networks. These new locations are now operational, reducing the time and distance many customers currently travel to make a payment.

Previously, customers often had to travel to banks or dedicated payment outlets to pay for their Mukuru orders. Now, they can simply visit a spaza shop close to home, work or where they usually shop.

For people in townships, peri-urban and rural areas who rely on cash and have traditionally had limited access to formal pay-in points, particularly South Africa’s migrant communities, this change removes a real barrier and makes it easier to send money home. With these pay-in points inside spaza shops, Mukuru’s services become part of places people already go, meaning fewer extra trips and more timely payments.

Every additional pay-in point represents one less barrier for a customer trying to send money home

“Every additional pay-in point represents one less barrier for a customer trying to send money home,” said Erone Kyte, Commercial Manager: Cross-Border Remittances at Mukuru. “Our partnership with Flash gives us the scale to bring Mukuru’s services into the everyday spaces our customers already know and trust. It’s a meaningful step in making remittances simpler, more accessible and genuinely closer to the communities we serve.”

For Mukuru, working with Flash means reaching even more customers in underserved urban, township, and rural areas. By leveraging Flash’s established network, Mukuru can now offer cash pay-in options where they didn’t exist before. The expanded network is expected to help more people access Mukuru’s services, support growth in its South African customer base, and make cross-border payments more convenient.

Rens Rezelman, General Manager for Flash’s Merchant Division, commented, “Flash works to bridge the digital product and payments gap between businesses and consumers across the country. Launching Mukuru across our network presents another opportunity to bring a familiar brand closer to the people who need it most.”

The sector is now recognised as a R750 billion  industry. According to data tracked by Trade Intelligence, total turnover recently reached R197 billion, growing at roughly 15% annually. Research confirms that traditional trade and spaza shops are growing faster than large supermarket chains, with almost 80% of South African households shopping at these traditional trade outlets regularly. (https://apo-opa.co/4iDwZr8) Bringing Mukuru payments to these stores is a natural fit and helps shop owners draw in more customers and offer more services to their communities. Mukuru and Flash will build awareness of the new pay-in option through store, digital, and community promotions in the coming months.

This partnership is part of Mukuru’s ongoing drive to make cash pay-ins easier and improve access to remittance services for people living and working in areas with limited formal financial services. Over the past two years, the company has made similar moves to make its payment network bigger and more accessible across the region.

Mukuru customers looking to pay closer to home can easily find their nearest participating Flash pay-in point using the Mukuru app or website.

Distributed by APO Group on behalf of Mukuru.

 

 




 

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How CESI is helping shape Africa’s next-gen power grids

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CESI

CESI, a global engineering and consulting company specialising in power systems and energy transition, has supported utilities, transmission system operators and public institutions

CAPE TOWN, South Africa, November 6, 2026/APO Group/ –Across Africa, power systems are undergoing a profound transformation. Rapid population growth, urbanisation, industrial development and ambitious electrification goals are increasing pressure on networks that must improve reliability, integrate growing volumes of renewable energy and strengthen regional interconnections.

 




 
 

For utilities, regulators and governments, this creates a dual challenge: planning future power systems while modernising the infrastructure required to operate them safely and efficiently.

Drawing on projects delivered across the continent CESI, a global engineering and consulting company specialising in power systems and energy transition, has supported utilities, transmission system operators and public institutions in addressing both long-term planning requirements and grid modernisation challenges. These experiences highlight how strategic planning and operational modernisation are becoming increasingly interconnected.

Planning for growth in a changing energy landscape

Many African countries are updating power sector strategies to reflect changing demand patterns, evolving technologies and new regional opportunities. National master plans in countries including Angola, Mozambique and Liberia are examining how generation, transmission and distribution systems can evolve over the coming decades while remaining technically feasible and financially sustainable.

A key trend is the growing emphasis on integrated planning. Rather than treating generation, transmission and distribution separately, stakeholders are increasingly assessing investments across the entire value chain to meet future demand efficiently and reliably. Demand forecasting methodologies are also evolving, considering industrial development, electric mobility and broader electrification trends.

Renewable energy integration is another central consideration. Africa possesses significant solar, wind and hydropower resources, but integrating these technologies requires careful assessment of transmission capacity, system flexibility, reserve requirements and grid stability. In this context, CESI has contributed to power sector master plans and network studies evaluating future development pathways while addressing reliability, economic and energy transition objectives.

Regional interconnections as strategic infrastructure

Regional integration continues to play an increasingly important role in Africa’s electricity sector. Future Interconnection projects linking countries such as Ethiopia and Somalia, Uganda and Tanzania, and Uganda and South Sudan demonstrate how cross-border infrastructure can enhance energy security and optimise the use of available generation resources.

Delivering these projects requires more than engineering analysis. Technical, economic, regulatory and operational considerations must be aligned among participating countries. Through its involvement in several interconnection initiatives at different stages across Africa, CESI has supported stakeholders in assessing feasibility, network performance and operational requirements for cross-border electricity exchanges.

As regional power markets continue to develop, interconnected systems are expected to contribute further to reliability, operational flexibility and efficient resource utilisation.

Modernising grid operations for greater reliability

Alongside long-term planning, utilities are investing in modern operational technologies to improve management of increasingly complex power systems. Control centres, SCADA systems, energy management systems (EMS) and telecommunications networks are becoming essential components of modern grid operations.

In countries including Mozambique and Angola, projects are supporting the development of advanced control centres capable of monitoring generation facilities, transmission networks and interconnections through integrated operational platforms. These systems provide operators with real-time visibility and decision-support capabilities that strengthen system reliability and operational efficiency.

Meanwhile, programmes in Tunisia and Nigeria illustrate how utilities are upgrading ageing SCADA and EMS infrastructures to meet evolving requirements. Modern solutions increasingly incorporate

  • cybersecurity,
  • wide-area monitoring capabilities and
  • renewable energy management functions.

CESI’s experience in control centres, SCADA/EMS systems and power system operations reflects the growing importance of digital technologies in enabling more resilient and responsive electricity networks.

Building resilience and technical capacity

Environmental and social considerations are becoming increasingly important across both planning and modernisation initiatives. Climate resilience now plays a central role in infrastructure development, particularly in countries exposed to extreme weather events or heavily dependent on hydropower resources. As a result, environmental and social assessments are increasingly integrated into project design and investment decision-making processes.

Capacity building is equally important. New technologies and analytical tools require utilities and public institutions to continually strengthen technical capabilities. Training and knowledge-transfer programmes have therefore become integral components of many planning, interconnection and grid modernisation projects, helping organisations develop the expertise needed to manage increasingly sophisticated power systems.

An integrated approach to Africa’s power future

Several common themes are emerging across Africa’s electricity sector. Utilities are adopting longer-term planning horizons, renewable energy is becoming a central driver of network development, regional interconnections are expanding opportunities for power exchange, and digitalisation is transforming power system operations.

Together, these trends point towards a broader evolution of African power systems. The challenge is no longer simply expanding infrastructure, but ensuring that future networks are planned, operated and modernised in a coordinated manner. Achieving this objective will require continued collaboration among utilities, governments, regulators, financiers and technical stakeholders.

Experience across the continent suggests that integrating sound planning with targeted grid modernisation can support the development of more reliable, resilient and adaptable power systems, helping meet Africa’s long-term economic and social development goals.

CESI is a partner of ESI Africa, the power, energy, water, transport and utility multimedia platform that forms part of VUKA Group.

Read the article and access more information: https://apo-opa.co/47Xr1g3

Distributed by APO Group on behalf of VUKA Group.

 

 




 

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