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South Africa’s G20 Presidency for 2025: A Catalyst for Energy Investment in Africa

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12 months ago

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South Africa can leverage its G20 presidency to advocate for increased energy financing and facilitate greater coordination and investment in key African markets, presenting a unique opportunity to shape global economic and energy policies

CAPE TOWN, South Africa, February 13, 2025/APO Group/ –In 2025, South Africa will hold the rotating presidency of the G20. Given its position as Africa’s most industrialized nation and an energy hub, South Africa’s leadership could play a pivotal role in attracting investment to the continent’s energy sector. By leveraging its G20 platform, South Africa can push for increased funding from global partners, particularly for natural gas projects, which are critical for Africa’s energy security and economic development.

While renewable energy is rapidly expanding across the continent, Africa continues to rely heavily on coal, oil and natural gas to meet growing demand and drive economic growth. Gas is increasingly viewed as a cleaner transitional fuel in Africa’s energy mix, and many G20 nations are leading investment in gas exploration and production across the continent. For instance, the U.S. Export-Import Bank, U.K. Export Finance, China Development Bank and Japan Bank for International Cooperation, among other lenders, have played a key role in financing TotalEnergies’ $20 billion Mozambique LNG project. Additionally, several G20 countries are driving further investment, with Italy’s Eni developing new LNG facilities in the Republic of Congo, bp expanding operations in Senegal and Mauritania, Norway’s Equinor advancing the Tanzania LNG development and ExxonMobil spearheading Rovuma LNG in Mozambique. South Africa can advocate for G20 nations to increase their financial backing for new gas projects, which have the potential to boost production, enhance energy security and attract much-needed investment to the continent.

While natural gas is essential for Africa’s energy security, combining it with renewable energy sources could help diversify Africa’s energy mix. South Africa’s own experience with large-scale energy projects, such as its successful Renewable Energy Independent Power Producer Program, can serve as a model for blending financing and developing both gas and renewable projects. By advocating for mixed investment, South Africa can show G20 nations that supporting a variety of energy sources will allow Africa to meet its energy demands while transitioning toward greener energy.

In addition to advocating for investment in specific projects, South Africa can focus on creating favorable conditions for financing. One way to achieve this is by encouraging the G20 to support debt relief or concessional financing for African countries with high debt burdens. This would free up resources for governments to invest in energy infrastructure and allow them to prioritize projects that will improve energy access and support economic growth. South Africa could work closely with organizations like the World Bank, IFC, BRICS Bank, European Investment Bank and more to unlock financing mechanisms that reduce the risk for international investors.

The role of South Africa’s G20 presidency in facilitating greater engagement between G20 nations and African energy markets cannot be overstated. By using its platform to promote key energy projects, South Africa can attract much-needed investment for both traditional oil and gas and clean energy developments. At the same time, it can help establish new financing structures that make these projects more attractive to investors. African countries like Nigeria, Angola, the Republic of Congo, Senegal, Namibia and Mozambique stand to benefit from increased G20 support for their oil and gas sectors, and other African nations can follow suit by aligning their own energy priorities with the goals set forth by South Africa during its presidency.

This year’s African Energy Week (AEW): Invest in African Energies conference in Cape Town serves as a key platform for attracting global attention and investment to Africa’s energy sector, facilitating discussions among G20 nations, financial institutions and energy companies. AEW acts as a conduit for driving investment into critical energy projects, positioning South Africa as a catalyst for sustainable development across the continent while ensuring Africa’s energy needs are met. With South Africa’s G20 presidency presenting a unique opportunity to secure crucial investments in Africa’s energy sector, the 2025 edition of AEW is more significant than ever. By leveraging this platform to advocate for financing and foster partnerships between G20 nations and African energy producers, South Africa can play a pivotal role in advancing the continent’s energy future and contributing to global energy security.

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

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2 days ago

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February 6, 2026

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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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2 days ago

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February 6, 2026

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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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2 days ago

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February 6, 2026

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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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