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South Africa’s Department of International Relations & Cooperation Joins African Energy Week (AEW) 2025 as Partner

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5 months ago

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African Energy Chamber

The move reflects the country’s commitment to promoting South Africa’s oil, gas and energy interests on a global stage

CAPE TOWN, South Africa, September 15, 2025/APO Group/ –South Africa’s Department of International Relations and Cooperation (DIRCO) has officially joined the African Energy Week (AEW): Invest in African Energies conference as a partner. Taking place September 29 to October 3 in Cape Town, the event is the largest energy event on the continent, convening global and regional stakeholders to discuss strategies for making energy poverty history. DIRCO’s participation reflects its commitment to engaging global partners and promoting South Africa’s energy interests and is expected to unlock new opportunities for collaboration.

DIRCO’s participation comes as South Africa advances a just energy transition, striving to establish its own approach to addressing both the energy and climate crises. Rich in a variety of natural resources – from oil and gas to solar and wind to green hydrogen, nuclear and coal – the country seeks to facilitate greater investment across these industries. By strengthening bilateral relations through agreements that focus on attracting foreign investment and technology transfer across the entire energy value chain, DIRCO is at the forefront of South Africa’s global energy engagement. The department’s AEW: Invest in African Energies partnerships reflects its continued support for transforming the country’s energy systems through global ties.

By facilitating global cooperation across strategic sectors, the department will support the country’s energy goals by serving as a vehicle for improved foreign relations

AEW: Invest in African Energies 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.

South Africa offers a suite of bankable energy projects, and DIRCO has been making strides to engage foreign investors on these opportunities. In the oil and gas space, the country represents a promising frontier, with identified resources across both onshore and offshore basins demonstrating the potential for major discoveries. Driven by the newly-established state-owned oil company – the South African National Petroleum Company – the country is spearheading fresh exploration efforts and promoting frontier acreage to global companies. Ongoing projects include a five-well drilling campaign by Shell in the Northern Cape Ultra Deep block, a two-well campaign by TotalEnergies in the Orange Basin and the onshore Virginia Gas Project, led by Renergen. With a Gas Master Plan currently review and plans to promote licensing opportunities, South Africa is gearing up to welcome a surge of foreign investment across the oil and gas market.

South Africa’s energy opportunities for beyond oil and gas, with critical reforms being implemented across the broader energy market. Faced with power generation and transmission challenges, the country has sought to entice greater private sector investments across the renewable energy and power value chains. Recent efforts to achieve this include unbundling the state-owned utility Eskom, opening transmission infrastructure to independence power producers, fast-tracking project approvals and advancing its Integrated Resource Plan and Renewable Energy Masterplan – both of which pave the way for expanded solar, wind and battery storage deployment. These reforms aim to bring new generating capacity online while enhancing the penetration of renewable energy across the energy matrix.

Global partnerships have become a cornerstone for achieving these goals. The country signed on to the Just Energy Transition Partnership (JET-P) in 2021, striving to tap into a diverse capital pool to fund its transition. Under the JET-P, pledges were made by the European Union, France, Germany and the United Kingdom, with subsequent pledges made by The Netherlands and Denmark. According to the South African Presidency, the country requires $100 billion to facilitate its JET Investment Plan, with $13.8 billion – comprising grants, concessional loans and commercial debt – pledged by international partners as of February 2025. Yet, the country still faces a significant investment gap, highlighting a strategic opportunity for foreign partners and project developers.

“DIRCO’s participation at AEW: Invest in African Energies 2025 is expected to bridge the gap between foreign companies and South Africa’s energy opportunities. By facilitating global cooperation across strategic sectors, the department will support the country’s energy goals by serving as a vehicle for improved foreign relations,” states Tomás Gerbasio, VP Commercial and Strategic Engagement, 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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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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