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African Energy Week (AEW) 2024 to Explore Energy-Logistics Nexus and the Impact of Future Industrial Hubs

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African Energy Week

Sponsored by Africa Global Logistics, the AEW: Invest in African Energy Week panel will highlight African infrastructure projects aimed at advancing the continent’s energy trading with regional and international markets

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

Multilateral finance institution the African Export-Import Bank signed a $162.9 million financing agreement with port infrastructure firm APD-Cameroon to support the construction of a $232.8 million port terminal in Douala in June 2024. The deal aligns with the Cameroonian government’s goals to strengthen ties with global investors to enhance logistics services that facilitate the development and monetization of energy resources.

This year’s African Energy Week (AEW): Invest in African Energy conference – scheduled from November 4–8 in Cape Town – will feature a dedicated panel discussion connecting global logistics companies with emerging opportunities in the African energy and transportation segments. Sponsored by logistics company Africa Global Logistics (AGL), the Fundamental Role of Logistics in Strengthening Supply Chains panel will feature Dennia Malkoc, Business Development Manager at Universal Africa Lines; and Mohamed Eidha Al Menhali, Regional CEO of AD Ports; and Leonid Shlyahturov, Executive Director of FESCO Integrated Transport, as speakers.

African nations are making significant strides in developing and monetizing their oil and gas resources, offering lucrative opportunities for global logistics firms

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.

Given the fact that 600 million people lack access to electricity in Africa, the continent’s logistics sector has a critical role to play in getting energy from project to consumer. Various developments to this effect are underway across the continent, with companies seeking enhanced operational and technical capacities to support oil and gas projects. SONILS, for example, is enhancing its human capital development and investing in new equipment and technologies at its Integrated Services Logistics Center in Luanda. The company is committed to supporting expanding oil and gas exploration and production in Angola. Additionally, in May 2024, AGL began manufacturing and transporting equipment for subsea umbilicals, risers and flowlines for global major Eni’s Baleine Phase 2 gas project in the Ivory Coast. The AEW: Invest in African Energy panel will highlight these developments, focusing on aligning Africa’s logistics services with the continent’s growing energy sector. During the session, speakers will provide updates on ongoing projects that aim to address the increasing demand for logistics driven by the rise in energy projects across Africa.

Global logistics companies are also investing heavily in port and terminal infrastructure to enhance energy distribution and trade. In June 2024, Emirati multinational DP World unveiled a $3 billion investment plan to modernize Africa’s infrastructure and services, including $2 billion dedicated to port infrastructure and $1 billion for logistics services. Additionally, the Luanda Port Authority signed a 20-year agreement with global logistics firm AD Ports to modernize and manage the Luanda Port Terminal, aiming to support the country’s efforts to monetize its 9 billion barrels of crude oil and 11 trillion cubic feet of natural gas. AGL also launched operations at its multipurpose terminal at Angola’s Port of Lobito, investing $221.7 million to reduce transit times for commodities headed to Europe and the Americas. The AEW 2024 panel will explore these investments and efforts to streamline energy trade both within Africa and internationally.

Furthermore, African oil and gas-producing nations are intensifying pipeline infrastructure to increase energy trade. South Sudan is collaborating with China on a new pipeline to enhance the monetization of oil from its hydrocarbon-rich Blocks 3 and 7. In August 2024, Equatorial Guinea and Nigeria also signed an agreement to develop the Gulf of Guinea Gas Pipeline, which will transport gas from Nigeria for processing in Equatorial Guinea. Meanwhile, the Nigerian National Petroleum Company is nearing completion of the Obiafu-Obrikom-Oben gas pipeline, designed to transport 2.2 billion cubic feet of gas within Nigeria. The AEW: Invest in African Energy panel will explore these initiatives and more, highlighting best practices to overcome challenges in energy transportation.

“African nations are making significant strides in developing and monetizing their oil and gas resources, offering lucrative opportunities for global logistics firms looking to invest in this highly promising region. Global energy market stability depends on a robust and modernized energy-logistics network,” stated NJ Ayuk, the Executive Chairman of the African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

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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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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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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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