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Afreximbank Joins African Energy Week (AEW) 2025 as Diamond Partner Amid African Financing Drive

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Nigeria

Through its innovative financing structure, Afreximbank supports the development of African energy and infrastructure projects

CAPE TOWN, South Africa, August 25, 2025/APO Group/ –Multilateral financial institution the African Export-Import Bank (Afreximbank) has joined this year’s African Energy Week (AEW): Invest in African Energies conference as a Diamond Partner amid a growing push to advance access to financing across the continent’s energy sector. As one of Africa’s leading financial institutions, the organization plays a critical role in driving African energy and infrastructure projects forward. Afreximbank’s participation is expected to support new transactions across the continent as the continent strives to make energy poverty history by 2030.

Afreximbank’s track record of providing financing for African energy projects has yielded positive results for Africa’s energy sector

Under a mission to stimulate the consistent expansion, diversification and development of African trade, Afreximbank has supported key projects across the continent. Recent investments reflect this mission and are poised to transform regional economies. In August 2025, Afreximbank committed to funding energy projects in Malawi, Zimbabwe and Nigeria, signing a series of agreements aimed at unlocking $1 billion. Agreements include a $300 million deal with NBS Bank of Malawi to de-risk multiple sectors – including energy, transport and logistics -; a Heads of Terms deal with Green Hybrid Power Private Limited to mobilize $4.4 million for a 1 GW hybrid solar project in Zimbabwe; and a deal with Proton Energy featuring a $4 million facility for a 500 MW Sapele Gas Power Plant in Nigeria.

Afreximbank has also played an instrumental part in financing Africa’s largest crude oil refinery: the Dangote facility in Nigeria. Since the refinery’s start in 2024, the organization has provided key financing solutions, with the most recent transaction including a $1.35 billion financing facility to refinance capital expended on constructing the facility. The facility is part of a larger $4 billion syndicated financing arrangements for Dangote Industries Limited, with Afreximbank serving as the Mandated Lead Arranger. Afreximbank was also mandated as the financial advisor to raise capital for the $4.5 billion EG-27 LNG project, developed by Equatorial Guinea’s state-owned gas corporation Sociedad Nacional de Gas de Guinea Ecuatorial. Afreximbank will leverage its financial structuring expertise and investor network to mobilize capital, thereby supporting the development of the facility.

Beyond project financing, a cornerstone of Afreximbank’s strategy is the Africa Energy Bank (AEB), a strategic institution that brings new sources of financing for African energy projects. Established in partnership with the African Petroleum Producers Organization, the AEB is expected to address the continent’s investment gap – estimated between $31 billion and $50 billion. With an initial capitalization of $5 billion, the bank offers tailored funding solutions to meet Africa’s energy needs. To date, the partners have selected Abuja, Nigeria as the headquarters of the institution. Consulting firm PWC has been hired as project management consultants while Angola, Ghana and Nigeria have fulfilled their commitments to funding the bank. As the AEB prepares for launch, AEW: Invest in African Energies 2025 will serve as a vital platform for fostering engagement between project developers and financiers.

“Afreximbank’s track record of providing financing for African energy projects has yielded positive results for Africa’s energy sector. These financing structures are expected to support the development and expansion of critical oil and gas infrastructure in Africa, underscoring the instrumental role organizations such as Afreximbank play in strengthening Africa’s energy sector. These transactions reflect a broader commitment by Afreximbank to mobilizing capital, spurring development and facilitating cross-border trade across the continent,” states NJ Ayuk, executive Chairman, African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

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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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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