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African Energy Week Will Push for Development of Oil and Gas

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African Energy Week

While AOW may choose to partner with the very organizations blocking Africa’s energy progress, AEW 2022 will partner with seismic companies and energy companies and governments working closely with market players to make energy poverty history by 2030

JOHANNESBURG, South Africa, March 25, 2022 — With over 600 million without access to electricity and 900 million without access to clean energy for cooking, the continent desperately needs to develop and utilize every single resource it has. In this regard, the AEC maintains a strong position on the role of oil and gas in Africa, while pushing for a just transition that considers the needs of Africa and African people. We believe Africa needs to produce its oil and gas. We are not responsible for climate change problems.

“We agree with Minister Gwede Mantashe, that we need a just transition for the oil and gas industry and for Africa. Gwede Mantashe’s position on Oil and Gas and Coal as he stated in African Energy Week in Cape Town is spot on. AOW, Mntu Nduvane and Paul Sinclair do not get it and their green push is hurtful of our oil and gas industry and we must vigorously oppose it. Gwede Mantashe was not in Dubai and AOW knows that because I ashamed that my good friend Paul Sinclair will let himself to become a tool of Hyve Group against Africans and continue to promote these horrible lies” stated NJ Ayuk, Executive Chairman of the AEC.

They need to apologize for their lies and we will be publishing all their lies with quotes over the coming months. It is alarming, therefore, that an organization such as Africa Oil Week (AOW) – claiming to be committed to Africa’s upstream market – would partner with the very organizations blocking Africa’s development of its oil and gas: Greenpeace and Friends of the Earth. These organizations continue to attack the African oil and gas industry, preventing any meaningful progress to make energy poverty history.

Our industry is under massive attack, and it is a disappointment that AOW will team up with radical green narratives that hurt everyday people in Africa, hurt our fight against energy poverty, hurt the drive for a just transition and hurt economic development. This is not what Duncan Clarke created.

More recently, these groups have made the East African Crude Oil Pipeline in Tanzania and Uganda a target for divestment. That’s just nuts. Greenpeace prevented Shell from conducting seismic surveys along the eastern coast of South Africa and Friends of the Earth sued the British government for their role in financing TotalEnergies’ Mozambique Liquefied Natural Gas (LNG) project.

Despite making these sizable discoveries in 2019, South Africa has not been able to develop the resources. Comparatively, Shell and TotalEnergies’ discoveries in Namibia in 2022 have already begun the process of development, backed by supportive regulation. The actions by these organizations have had a detrimental impact on southern Africa’s energy and economic development and are one of the reasons the continent will continue to experience significant energy poverty rates.

When Duncan Clarke created AOW, he was committed to Africa’s upstream potential and facilitating the development of the continent’s resources. Clarke would never hired this current crowd and would be disappointed in what they have turned AOW into. There is a reason Africa’s energy ministers are coming to African Energy Week (AEW) 2022 and not AOW. They don’t trust AOW because of the lies and misrepresentations they made on their way to Dubai and coming back from Dubai. They did not appreciate their photos being used to scam delegates when they knew African Minister will not show up to Dubai.

While western nations are calling for the immediate transition to renewable energies, Africa is facing the critical crisis of energy poverty and has a right to develop its oil and gas resources for energy security and access. That is why AEW 2022 is so important in 2022 and beyond. Unlike AOW, AEW 2022 works with the market, aligning with stakeholders objectives and driving discussions and deals regarding oil and gas. Greenpeace and Friends of the Earth narratives do not align with Africa, and by aligning with these organizations, AOW has chosen to go against the very continent it claims to represent.

AOW has been captured by these organizations and are driving their narrative. Do you think an oil man wants to talk and work with the very organizations blocking their progress? You must be nuts to think you will get Green groups to approve oil and gas development.  No way. African countries want to produce gas quickly in the face of the energy transition and are not prepared for Greenpeace, Friends of the Earth or AOW to tell them what to do.

“Let’s be clear. Africans are united in not letting AOW, Greenpeace and Friends of the Earth define what is energy transition for Africa. They are used to Africans and the energy industry being suckers and being bullied by the people who have no clue about oil and gas. Not anymore. If you attack our oil industry with this go green madness on Africa, we will push back. We will continue standing with Africans and the oil industry. You will only take away our right to drill for oil and gas from our cold, dead hands,” concluded Ayuk.

During AEW 2022, Africa’s energy Ministers will have a real conversation with both public and private sector executives on exploration, production and distribution, with specific focus being granted to drilling and seismic surveys. Through collaboration discussions and geological-dedicated exhibitions, AEW 2022 will discuss oil, gas, upstream and the energy transition, all on one collaborative platform.

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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