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African Energy Chamber (AEC) Supports Namibia’s 2026 Energy Investment Surge as Sintana Listing Unlocks Local Ownership

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African Energy Chamber

Namibia’s transition from oil and gas discovery to financing – with Sintana’s NSX listing – supports a transition toward strong domestic capital pools and strategic partnerships that will shape the country’s path toward first oil and deeper local participation

WINDHOEK, Namibia, April 20, 2026/APO Group/ –Atlantic margin focused energy company Sintana Energy’s planned secondary listing on the Namibia Securities Exchange (NSX) has emerged as one of the most significant signals yet that Namibia’s oil and gas sector is entering a new phase of financial maturity. Announced in April 2026 at the Namibia International Energy Conference (NIEC) in Windhoek, the move aims to open direct participation in offshore exploration assets such as PEL 83 and PEL 87 to Namibian investors for the first time at scale.

 

At a moment when final investment decisions (FIDs) are approaching across multiple Orange Basin developments, the listing reflects a broader shift underway in Namibia’s energy landscape: capital is no longer flowing only into exploration, but increasingly into domestic market formation, local ownership and structured participation in the upstream value chain. As the voice of the African energy sector, the African Energy Chamber (AEC) supports this listing as a pivotal step toward deepening local ownership, expanding capital market participation and embedding Namibians directly in the country’s rapidly evolving upstream oil and gas sector.

 

“Where we are right now, we have a fierce urgency of NOW,” says NJ Ayuk, Executive Chairman, AEC. “You need to think about energy security. This goes across the board in Africa. Don’t make the mistake of thinking things are just going to happen, you have to become active. We have to make some bold choices and those bold choices need to come around stabilization terms, taxes and other fiscal decisions.”

 

At NIEC 2026, Sintana Energy positioned its upcoming NSX listing as a cornerstone of its long-term strategy to deepen Namibian participation in the upstream sector. Chief Executive Robert Bose emphasized that current market conditions, strong exploration success and evolving fiscal frameworks create a unique window to align capital markets with national development goals and broaden local investor involvement in key offshore assets.

 

As one of the country’s premier financial institutions, Standard Bank Namibia is expanding its energy-focused corporate and investment capabilities as offshore oil and gas activity accelerates, positioning itself as a key intermediary between global capital and domestic opportunity. The bank is increasingly involved in structuring financing solutions, advisory services, and public-private participation-linked transactions, while also deepening skills programs to build technical and financial expertise needed for large-scale upstream and infrastructure development across Namibia’s emerging energy value chain.

 

Standard Bank Namibia’s Head of Corporate and Investment Banking Nelson Lucas said that predictability and regulatory certainty are essential to unlocking investment in the oil and gas sector. He noted Namibia’s strong investor base, shaped by past listings, and emphasized opportunities to expand local capital market participation in supporting energy development.

We have to make some bold choices and those bold choices need to come around stabilization terms, taxes and other fiscal decisions

 

Furthermore, insurance company Old Mutual Investment Group Namibia is emerging as a key enabler of domestic institutional capital for the country’s energy build-out. The group manages diversified investment portfolios within Namibia’s financial system and is increasingly focused on infrastructure-linked opportunities tied to oil and gas development. Its role is centered on deepening local capital markets, supporting long-term project financing and strengthening investor confidence in the sector’s growth trajectory.

 

The group’s Managing Director Designate Sepo Haihambo underscored the scale of domestic financial capacity, noting that Namibia’s banking sector reached $187 billion in 2024. She emphasized that leveraging this local capital in infrastructure and energy projects is essential to crowding in international investment, strengthening confidence and ensuring balanced, sustainable sector growth.

 

With a high-impact exploration portfolio spanning multiple offshore licenses, including PELs 97, 99, 100 and 107, exploration company Eco (Atlantic) Oil & Gas is advancing its position in the Walvis Basin. In April 2026, the company farmed down a 60% stake to energy major bp, securing capital and technical backing ahead of a planned drilling campaign, as it targets significant deepwater prospects.

 

At NIEC 2026, Eco (Atlantic) CEO Gil Holzman highlighted how rapidly Namibia’s upstream landscape has evolved, pointing to a surge in major discoveries and investor interest. He stressed that the next phase must focus on enabling meaningful local participation, ensuring Namibians are integrated into the sector as development accelerates.

 

In the midst of these major financial and technical developments, financial institution Rand Merchant Bank (RMB) Namibia is positioning itself at the center of the country’s energy financing landscape, with a growing focus on structuring deals that balance international capital with local participation. As RMB Namibia’s Investment Banking Transactor Leonard Hamunyela noted, the bank sees significant opportunity in supporting Namibian companies across the oil and gas value chain, particularly through trade finance, project structuring and risk allocation frameworks tailored to large-scale energy developments.

 

As Namibia advances toward FID and first oil, the AEC maintains that aligning capital, policy and local participation will be decisive, ensuring the country’s oil and gas sector evolves into a globally competitive, investment-ready and inclusive engine of long-term economic growth.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Venezuela Energy Week to Host Houston Industry Showcase, Unlocking United States (U.S.) Commercial Engagement Ahead of October Summit

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African Energy Chamber

Ahead of Venezuela Energy Week 2026, U.S. exploration companies, independent operators, oilfield service providers and investors are invited to explore commercial opportunities across Venezuela’s upstream sector at the Houston Industry Showcase next month

HOUSTON, United States of America, July 23, 2026/APO Group/ –Venezuela Energy Week will host an Industry Showcase in Houston on August 18, 2026: a targeted industry roadshow designed to engage U.S. energy stakeholders ahead of the October summit. Held at The Post Oak Hotel, the showcase will convene senior representatives from across the U.S. upstream ecosystem – including exploration and production companies, Texas-based independents, oilfield service companies, engineering and technology firms, commercial banks, private equity firms and family offices – to assess commercial pathways for participation in Venezuela’s energy sector.

 

As Venezuela looks to expand production, U.S. companies remain well positioned to contribute technical expertise, capital and operational capabilities across the upstream value chain. Chevron’s longstanding presence in the country highlights the continued importance of U.S. industry participation, while the scale of Venezuela’s resource base continues to attract interest from major international energy companies, including ExxonMobil and ConocoPhillips. Opportunities extend across exploration, field development, production optimization, infrastructure rehabilitation and digital modernization as Venezuela seeks to strengthen its energy sector.

 

Demand is also expected to grow for oilfield service companies, engineering firms, technology providers and financial institutions that can support upstream investment and project execution. Companies including SLB, Halliburton and Baker Hughes have been identified as potential partners in advancing production optimization and infrastructure rehabilitation, while commercial banks, private equity firms and family offices will play an important role in financing future investment opportunities.

 

Against this backdrop, the Houston Industry Showcase will provide a structured engagement platform at a time when select international operators continue to operate under U.S. Treasury-authorized frameworks, and where policy considerations in the U.S. continue to shape engagement parameters in Venezuela’s energy sector.

 

The event will enable U.S. exploration companies, independent operators, oilfield service providers and investors to assess technical and commercial pathways across exploration, field services, project delivery and broader supply chain opportunities, while supporting early-stage dialogue between international investors and Venezuela-focused stakeholders in a structured commercial environment ahead of the October summit.

 

To register for the Houston Industry Showcase on August 18, visit www.venezuelaenergyweek.com/rsvp-houston. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2026 in Caracas this October, contact info@venezuelaenergyweek.com.

 

Supporting Venezuela’s Earthquake Recovery

 

Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

 

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4fM0rLr).

 

Distributed by APO Group on behalf of Energy Capital & Power.

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Business

Africa Trade Gateway Delivers US$5.3-Million Cross-Border Transaction in First Energy Sector Trade in Southern Africa

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Afreximbank

The transaction represents an important milestone for both the participating institu-tions and the ATG ecosystem as it marked Innbucks Microbank’s first completed transaction through the platform and the ATG’s first recorded energy-sector transac-tion in Southern Africa

HARARE, Zimbabwe, July 23, 2026/APO Group/ –A US$5.3-million cross-border fuel (gasoil) trade transaction has been successfully completed with support of the Africa Trade Gateway (ATG), African Export-Import Bank’s (Afreximbank’s) (www.Afreximbank.com) flagship digital trade ecosystem, demonstrating the value and efficacy of the Gateway in powering African trade.

The transaction, which saw Zimbabwean fuel importer Witeva Trading source a gasoil shipment from a leading commodity trader and supplier in Switzerland, with Innbucks Microbank Ltd. participating as the local issuing financial institution and Afreximbank providing confirmation support under agreed trade finance structure, demonstrates how African businesses can leverage one connected ecosystem to identify opportunities, access finance and complete international trade more efficiently.

The ATG made it possible for the commercial opportunity to be connected to the right ecosystem participants, bringing together the buyer, supplier and participating financial institutions to support a successful execution of the transaction.

The transaction represents an important milestone for both the participating institutions and the ATG ecosystem as it marked Innbucks Microbank’s first completed transaction through the platform and the ATG’s first recorded energy-sector transaction in Southern Africa.

This transaction demonstrates the value of bringing African businesses and financial institutions together through one connected trade ecosystem

It also demonstrates how African Businesses can use a single digital ecosystem to identify commercial opportunities, connect with verified counterparties, access trade-finance support and execute cross-border transactions more efficiently.

Peter Olowononi, Director, Regional Operations, Southern Africa, at Afreximbank, said:

“This transaction demonstrates the value of bringing African businesses and financial institutions together through one connected trade ecosystem. By creating a digital ecosystem to expand access to trade finance, Afreximbank is enabling more businesses to participate easily in regional and international trade.”

Emeka Onyia, Director, Digital Business, at Afreximbank, added:

“The Africa Trade Gateway is more than a mere digital platform; it is the ecosystem that helps trade happen. We help businesses discover opportunities, connect with trusted buyers, suppliers and financial institutions, and facilitate the journey from commercial opportunity to completed transactions. Every successful deal strengthens the network, attracts new participants and creates more opportunities for African trade.”

“As more businesses, banks and trade partners join the ecosystem, every successful transaction expands the marketplace, strengthens trust across the network and increases opportunities for future trade,” Mr. Onyia added.

Distributed by APO Group on behalf of Afreximbank.

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Energy

Gold Fields, Moore Global and Mali Chamber of Mines to Lead Gold Growth Dialogue at African Mining Week (AMW) 2026

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Gold Fields

As record prices reshape investment priorities, industry leaders will examine the strategies, partnerships and financing needed to expand Africa’s gold production

CAPE TOWN, South Africa, July 23, 2026/APO Group/ –As African governments and mining companies accelerate efforts to expand gold production and capitalize on strong global demand, African Mining Week (AMW) 2026, taking place October 14–16 in Cape Town, will spotlight the policies, partnerships and investments driving the continent’s next phase of growth in the gold sector.

 

The event will feature a dedicated panel, Expanding Africa’s Gold Output, exploring strategies to increase gold production, formalize artisanal and small-scale mining and strengthen investment across the value chain.

The session will be moderated by Matt Banton, Head of Mining at Moore Global, and feature Fousseni Togola, President of the Mali Chamber of Mines, and Benford Mokoatle, Executive Vice President: South Africa at Gold Fields.

The discussion comes as the global gold market continues to strengthen. Gold prices have remained above $4,000 per ounce throughout 2026, supported by sustained central bank demand as countries increase gold reserves to diversify foreign exchange holdings and strengthen financial resilience. Across Africa, central banks in Tanzania, Kenya, Ghana, Uganda, Egypt and Namibia have expanded gold purchase programs, reinforcing demand while creating new opportunities for domestic producers.

African gold-producing nations are responding by introducing reforms aimed at increasing production and improving sector governance. In Mali, the government is strengthening the artisanal and small-scale gold mining sector as part of its strategy to maintain annual gold production above 60 metric tons. In July 2026, the country established the Malian Office of Precious Substances, a new state institution responsible for regulating and formalizing artisanal gold production across approximately 400 mining sites employing nearly two million people. At the same time, Mali continues to strengthen partnerships with major mining companies, including Barrick, B2Gold, Toubani Resources and Cora Gold, to sustain long-term production growth and attract additional investment.

At AMW 2026, Togola is expected to discuss how the Mali Chamber of Mines is supporting these reforms while highlighting the investment opportunities emerging across the country’s gold sector. His participation will explore the role of chamber members in expanding production, strengthening local participation and positioning Mali among Africa’s leading gold producers.

South Africa is also advancing initiatives to revitalize its gold industry through increased exploration and long-term mine investment. Earlier this year, the government expanded the Junior Mining Exploration Fund to R600 million, improving access to exploration capital for emerging mining companies and supporting efforts to unlock new gold discoveries.

Complementing these national initiatives, Gold Fields is investing R1.714 billion through 2027 to deepen its flagship South Deep Mine, positioning the operation as a long-life production hub well beyond 2030. Gold Fields’ Mokoatle is expected to provide an update on the company’s long-term investment strategy, highlighting how innovation and sustained capital investment are supporting South Africa’s efforts to strengthen gold production.

As investment accelerates across Africa’s gold sector, AMW 2026 provides a premier platform to connect governments, producers, investors and service providers, advancing the partnerships and capital needed to unlock the continent’s next phase of gold production growth.

Distributed by APO Group on behalf of Energy Capital & Power.

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