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Invictus Energy to Lead Zimbabwe Energies Summit on Gas, Mining and Energy Growth at African Energy Week (AEW) 2025

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Zimbabwe

Hosted by the Government of Zimbabwe, the session offers unique insight into emerging opportunities across Zimbabwe’s energy and mining markets

CAPE TOWN, South Africa, September 26, 2025/APO Group/ –The African Energy Week (AEW): Invest in African Energies conference – Africa’s largest energy event scheduled for September 29 to October 3 in Cape Town – will feature the highly-anticipated Invest in Zimbabwe Energies Closed Door Summit. Led by the Government of Zimbabwe and with  Invictus Energy as partner, the session provides a strategic opportunity for investors, project developers and global partners to gain direct insight into the country’s energy and mining sectors.

As one of Africa’s final oil and gas frontiers and one of the continent’s biggest mineral producers, Zimbabwe offers significant opportunities for companies across both the natural and mineral resource sectors. Strong political will and an improved business have strengthened the country’s attractiveness for foreign investment, while Zimbabwean President Emmerson Mnangagwa’s position as Chairperson of the Southern African Development Community in 2025 reflects a commitment to working with regional partners to advance economic development. The Invest in Zimbabwe Energies Summit builds on these efforts, offering a platform for global investors to connect with Zimbabwean projects.

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.

Investors who move now will be well-placed to benefit from the country’s transformation into a diversified energy and mining powerhouse

While Zimbabwe’s energy matrix has been dominated by hydropower, forays into natural gas exploration show the promise of a diversified energy portfolio. The country has emerged as one of Africa’s top frontier gas markets in recent years, with ongoing drilling activities led by Invictus Energy yielding positive results. The company is advancing the development of the Cabora Bassa Project in northern Zimbabwe – one of the world’s largest untested frontier rift basins – following a string of discoveries made in 2023 and 2024. The government is currently the Petroleum Production Sharing Agreement with Invictus Energy and has recently provides National Project Status to the Cabora Bassa development.

As an Australian oil and gas company focused on the Cabora Bassa Project, Invictus Energy is leading Zimbabwe’s gas agenda. The company secured the green light in 2025 to begin pilot production activities in the country, including supplying gas to the Eureka Gold Mine. This not only underscores the potential for gas utilization in the country but reflects opportunities for cross-sector development. As one of the country’s biggest contributors to GDP, the mining industry is a strategic market for Zimbabwe. Through gas, the industry is well-positioned to advance production even further.

Looking ahead, Invictus Energy is preparing to drill its next exploration well at the Musuma-1 site in H2, 2025, backed by an agreement signed with Al Mansour Holdings (AMH). Signed in August 2025, the deal will see AMH acquire a 19.9% stake in Invictus Energy, mobilizing up to $500 million in conditional future financing to support exploration activities in Zimbabwe. Musuma-1 targets up to 1.2 trillion cubic feet of gas, showcasing the level of potential in Zimbabwe’s onshore basins. While efforts by Invictus Energy have unlocked a new petroleum province in southern Africa, most of the country’s natural gas market is underexplored. The Invest in Zimbabwe Energies Summit will spotlight opportunities in gas exploration and production.

Beyond natural gas, Zimbabwe continues to cement its position as an emerging energy producer, with projects in coal production, renewable energy development and power infrastructure set to enhance energy access and security. In 2025, the country is on track to increase coal production by 10.5%, with output set to reach 6.3 million tons throughout the year. In tandem, the country is advancing new hydropower developments, with key initiatives including the Lake Mutirikwi plant, the Batoka Gorge plant and the Osborne Dam Mini-Hydro project. Across these sectors, significant gaps remain, presenting a unique opportunity for project developers and financiers.

Meanwhile, Zimbabwe is consolidating its position as a leading mineral producer, with the anticipated restructuring of the Mines and Minerals Amendment bill supporting mining activities. As Africa’s largest lithium producer, the country has already begun to play a central role in global supply chains and is poised to be a driver for Africa’s energy transition. Recent investments signal renewed global interest in the country’s lithium prospects. These include a $310 million investment by British and Chinese firms in the Sandawana mine; a $300 million upgrade to the Bikita mine; and a $300 million investment by ZHEJIANG Huayou Cobalt at the Arcadia mine. Zimbabwe is also emerging as a front-runner in gold and platinum group metal production. Striving to reach 40 tons in gold production in 2025, the country is inviting investments across the gold value chain. The Invest in Zimbabwe Energies Summit will serve as a vehicle for this investment.

“Zimbabwe is positioning itself as one of Africa’s most exciting frontiers for both energy and mining investment. The country’s emerging natural gas potential, combined with its vast mineral wealth, creates opportunities that few markets can rival. Strong political will, regulatory reform and a commitment to regional integration make Zimbabwe an attractive destination for capital. Investors who move now will be well-placed to benefit from the country’s transformation into a diversified energy and mining powerhouse” says NJ Ayuk, Executive Chairman, African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

Business

Afreximbank Backs DOTT Services Limited, Uganda with a US$28 Million Facility for Regional Engineering, Procurement and Construction (EPC) Projects

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The financing will enhance DOTT’s capacity to execute strategic projects across the continent, facilitate intra-African trade in goods and services and strengthen regional value chains

CAIRO, Egypt, November 4, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has activated and approved a US$28 million dual-tranche facility for DOTT Services Limited, the leading Uganda-based engineering, procurement and construction (EPC) contractor, and has begun disbursing funds to support the execution of its EPC projects pipeline, valued at more than US$550 million.

 




 
 

Provided under Afreximbank’s EPC Contract Promotion Initiative, the facility is designed to strengthen the capacity of African EPC champions to secure and execute large-scale infrastructure projects across the continent. Specifically, the financing will support DOTT Services Limited in executing contracts and pursuing near-term opportunities valued at approximately US$550 million across Uganda, Tanzania, Kenya and the Democratic Republic of Congo.

Commenting on the transaction, Mr. Humphrey Nwugo, Director of Regional Operations at Afreximbank’s Eastern Africa office, said:

Through the initiative, the Bank provides support, including financing, twinning and matchmaking

“This facility reflects Afreximbank’s commitment to building strong African EPC champions capable of delivering the infrastructure that underpins Africa’s industrialisation, trade and economic integration. By supporting DOTT Services Ltd, a well-established regional contractor with operations across five African countries, we are addressing a critical financing gap that has historically constrained the ability of African firms to participate meaningfully in large-scale, cross-border infrastructure projects.

The financing will enhance DOTT’s capacity to execute strategic projects across the continent, facilitate intra-African trade in goods and services and strengthen regional value chains. It also advances Afreximbank’s EPC Contract Promotion Initiative, which seeks to increase African participation in the development and delivery of Africa’s infrastructure.

Through partnerships such as this, we are ensuring that greater value, expertise, employment opportunities and economic benefits are retained within Africa while fostering the emergence of globally competitive African contractors.”

Mr. Nwugo further noted that most local commercial banks lacked the capacity to support intra-African and regional projects because they were poorly placed to absorb the associated cross-border risks, while international banks tended to prioritise non-African contractors. As a result, African entities were often left without adequate financial support.

He said: “Afreximbank’s EPC Initiative was therefore designed to address this challenge by supporting African EPC contractors in securing and executing a greater share of infrastructure contracts across the continent. Through the initiative, the Bank provides support, including financing, twinning and matchmaking, as well as issuing letters of support, among others”, he explained.

DOTT Services Limited presence in Africa spans 28-years, with operations in Uganda, Tanzania, South Sudan, Zambia, and the Democratic Republic of Congo (DR Congo). It also has European offices in Italy and the UK, and a workforce of over 6,000 people. The company procures from, and distributes to, African countries goods such as bitumen, asphalt, steel and spare parts, as well as yellow goods equipment and services, making it a significant player in intra-African trade. Its track record of promoting trade-supporting infrastructure across the continent makes it a natural partner for Afreximbank’s EPC Contract Promotion Initiative, which seeks to build African EPC champions capable of delivering the infrastructure that underpins intra-African trade.

Distributed by APO Group on behalf of Afreximbank.

 

 




 

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Coca-Cola Beverages Africa (CCBA) invests in Africa’s leadership potential through EDGE

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Coca-Cola

Developed in partnership with Henley Business School Africa, the programme equips high-potential leaders with the skills, experiences and perspectives needed to drive growth, create value and deliver impact across the business

JOHANNESBURG, South Africa, November 4, 2026/APO Group/ –Thirty-one leaders from across 12 African countries have graduated from Coca-Cola Beverages Africa’s (CCBA) (https://www.CCBAgroup.com) EDGE Senior Leadership Acceleration Programme, marking the completion of the programme’s second generation and the first pan-African EDGE cohort.

 




 
 

Created by CCBA, EDGE is the company’s flagship senior leadership development programme. Building on previous participation from The Coca-Cola Company, the programme was further expanded in 2026 to include leaders from Equatorial Coca-Cola Bottling Company and Coca-Cola Hellenic Bottling Company, creating a broader pan-African learning experience across the Coca-Cola system.

Developed in partnership with Henley Business School Africa, the programme equips high-potential leaders with the skills, experiences and perspectives needed to drive growth, create value and deliver impact across the business.

The 2026 cohort marks an important milestone for EDGE as the programme brought together leaders from across the Coca-Cola system

The graduating cohort represented leaders from multiple countries and business functions. Through classroom learning, business projects, mentoring and coaching, participants gained practical experience in addressing real business opportunities and challenges.

With CCBA serving more than 840,000 customers across Africa, the company requires leaders who can navigate complexity and create value in diverse markets. EDGE helps build these capabilities through practical, business-focused learning.

“People are at the heart of everything we do, and programmes like EDGE demonstrate our commitment to investing in their growth and future success,” said Natasa Prodanovic, Chief People and Culture Officer at CCBA.

“The 2026 cohort marks an important milestone for EDGE as the programme brought together leaders from across the Coca-Cola system. By learning alongside colleagues from The Coca-Cola Company, Equatorial Coca-Cola Bottling Company and Coca-Cola Hellenic Bottling Company, participants were able to build meaningful connections, share diverse perspectives and strengthen collaboration across our markets.”

The curriculum focused on strategy, value creation, transformation, commercial decision-making, leading self and leading teams. Participants also presented business projects aligned to organisational priorities as part of the programme’s graduation requirements.

EDGE forms part of CCBA’s broader commitment to developing future leaders and building the capabilities needed to drive sustainable growth and impact across Africa.

Distributed by APO Group on behalf of Coca-Cola Beverages Africa.

 

 




 

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Africa and Caribbean trade potential could reach $1.65 billion annually by 2030: International Trade Centre (ITC)-Afreximbank report

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Afreximbank

The report finds that around 80% of Africa’s annual goods export potential to the Caribbean remains untapped

ST. JOHN’S, Antigua and Barbuda, November 3, 2026/APO Group/ –Annual trade in goods and services between Africa and the Caribbean could reach up to $1.65 billion by 2030, excluding mineral fuels, according to a new report launched today by the International Trade Centre (ITC) and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) on the sidelines of the Commonwealth Heads of Government Meeting in Antigua and Barbuda.

 




  

The report, Reshaping Africa-Caribbean Trade: Opportunities for Economic Transformation, (https://apo-opa.co/4eiz62u) finds that while Africa and the Caribbean share deep historical and cultural links, trade between the two regions continues to represent only a small share of each region’s overall trade, despite complementarities across sectors ranging from agribusiness and manufacturing to services and the creative economy.

A look at the numbers

The report finds that around 80% of Africa’s annual goods export potential to the Caribbean remains untapped, with are significant opportunities for export growth if trade and investment is actively promoted and facilitated.

Africa and the Caribbean must transform a shared history into shared prosperity

Caribbean export potential lies in the services sector, reaching $481 million. The report identifies business opportunities across several priority sectors, including processed food and animal feed, chemicals, minerals and metals, apparel and textiles, leather and footwear, tourism, transport services and creative industries.

These findings – and more – are based on trade and export potential analysis, detailed sector assessments and a survey of 1,175 businesses and business support organizations across Africa and the Caribbean.

Tapping into priority sectors

ITC Executive Director Pamela Coke-Hamilton (https://apo-opa.co/3WHHZMU), in launching the report, said: ‘At a time of major shifts in global trade, countries need to strengthen regional ties and invest in value addition, to build resilience. We know the major trade opportunities between Africa and the Caribbean – and now we can focus on helping businesses take advantage of those opportunities through better market intelligence, improved logistics and greater access to finance.’

Commenting on the report, Denys Denya, Senior Executive Vice President at Afreximbank, said: ‘Africa and the Caribbean must transform a shared history into shared prosperity. With our CARICOM office in Barbados, about $1 billion in approved transactions and a $5 billion regional financing commitment, Afreximbank is advancing this vision through financing, deposit mobilization under CENDEP, business links through the annual Afri-Caribbean Trade and Investment Forum, local-currency payments through CAPSS and creative-industry collaboration through CANEX. This report offers a practical roadmap to turn untapped potential into bankable opportunities across agribusiness, manufacturing, tourism and the creative economy. Through targeted financing, stronger transport and logistics links and strategic partnerships, we can build a Global Africa connected by heritage, trade, investment and shared opportunity.’

The report finds that businesses continue to face significant challenges, including high transport costs, limited direct shipping links, regulatory barriers, limited access to finance and difficulties in identifying trusted commercial partners. It highlights that future economic cooperation should extend beyond traditional trade in goods, including through joint investment ventures, digital services, creative industries and tourism. It also calls for targeted action to improve market intelligence and business matchmaking; expand access to trade finance and payment solutions; strengthen transport and logistics connectivity; support sector-specific value chain development; improve regulatory cooperation and market access; and foster stronger partnerships among business support organizations.

Read the full report HERE (https://apo-opa.co/4exHBH9)

Distributed by APO Group on behalf of Afreximbank.

 




 

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