Connect with us
Anglostratits

Business

South Sudan – the Emerging Hub for East African Petroleum Sector Growth (By James Chester)

Published

on

South Sudan

It is time for Juba to take its place as the gateway for exploration and energy services for the region

JUBA, South Sudan, June 15, 2022/APO Group/ — 

By James Chester, Senior Director at Energy Capital & Power (https://EnergyCapitalPower.com)

A few years ago, East Africa was primarily viewed as a venue for offshore exploration, and before its independence in 2011, South Sudan was more likely to be seen as a North African producer, as part of Sudan. But motivated governments and explorers have changed the picture.

Today, Kenya is a small-scale oil producer and Uganda has approved a massive oil development in its Lake Albert region and a refinery and export pipeline. Tanzania will export Uganda’s oil and will build its own LNG facilities to monetize its huge gas reserves. Somalia has embarked on a licensing round, as has the DRC.

South Sudan has its own unique place at the center of a wider Nile Basin-East Africa hydrocarbons-rich area that perfectly positions the country as the hub for petroleum industry services and exploration.

Measurable change has happened

In 2017, when Energy Capital & Power (https://EnergyCapitalPower.com) (then Africa Oil & Power) produced its first conference in Juba, the country was re-emerging from a fresh bout of conflict in 2016, visas were only available if you had contacts in-country to invite and process you, two out of the three joint operating companies (JOC) were not producing oil, and Juba did not have a functioning power grid. The country had only one intercity paved road, going to Uganda.

This year, as we plan the fifth edition of the South Sudan Oil & Power (https://bit.ly/3zCMESG) event series – taking place on 13-14 September 2022 at the Radisson Blu, Juba – the city and the country can show great progress. Juba now has its own power station and grid and more projects are in place in regional cities. Peace has largely held since the revitalized peace agreement of 2018 and the formation of the revitalized transitional government of 2020. All three JOCs are producing oil (albeit not without challenges still to overcome).

An e-visa system is in place – my last visa was processed in two hours – and Juba is now served regularly by Turkish Airlines, Egyptair, Ethiopian Airlines, Kenya Airways, and many others. New paved roads are already linking South Sudan’s cities.

There is no reason not to check out Juba and the country’s progress.

The energy industry, as the engine of the economy, has made huge steps forward since that first conference in 2017. Last week I met with Hon. Minister of Petroleum Puot Kang Chol and sat down with the Hon. Undersecretary Awow Daniel Chuang, and heard about the latest developments.

With the majority of South Sudan unexplored and producing areas to explore further, the government knows it has high potential assets to market to oil and gas companies

The Logical Service Point for the Region

South Sudan’s first ever licensing round is underway and closing in 2023. South Sudan is not just making the licenses available, it has built its own data facility in Juba and has purchased its own aircraft to undertake aerogravity surveys of the country. With the majority of South Sudan unexplored and producing areas to explore further, the government knows it has high potential assets to market to oil and gas companies – but that data is critical.

Until last year, South Sudan did not control its own industry and exploration data. It now has world class facilities.

As we discussed with the Undersecretary, with its new data rooms, its existing production and its drive to bring new investors, South Sudan is the logical service point for the entire East African petroleum industry – especially in exploration. With South Sudan’s unique position bridging the Nile Basin and Rift Valley areas, it is even more relevant as a hub for exploring a petroleum rich area that extends from Egypt through Sudan to Uganda, Kenya and beyond.

In the midstream and downstream sector, a focus on new solutions and partnerships is driving innovation in a previously underdeveloped segment. Trinity Energy, working with Chemex Global, has been building a refinery project that will provide fuel to South Sudan and neighboring countries. National oil company Nilepet and its state owned South African partner the Strategic Fuel Fund have embarked on the Nile Orange Energy Project, that will include a pipeline and refinery.

Many other midstream developments are in the works to meet the demands of a growing nation and a region of almost half a billion people.

Private Sector is Key

Instrumental to all of this, in addition to the commitment of South Sudan’s Ministry of Petroleum and other government entities, is the South Sudanese private sector.

Private companies have grown from strength to strength in recent years, providing real competition to each other and to Chinese and international service companies. A wide range of exploration and production services are now available from these firms.

We see these companies as the real future of the industry in South Sudan and the region. They will be the local partners that will help international investors succeed on the ground. They will establish South Sudan’s new reputation as the regional industry hub. They will drive down costs, raise quality and train and employ South Sudan’s youth.

Serious barriers to entry and growth remain in South Sudan. It is important that these are examined – as they will be at South Sudan Oil & Power 2022 in September – and that they are dismantled. But the private sector and the government are serious about South Sudan’s future. They have a vision for where the country should be positioned within the regional energy industry.

To investors and international companies that wish to not only understand South Sudan’s energy potential, but also that of the Nile Basin and East Africa: You are invited to come and experience the reality of South Sudan today. Your investment, technology and hard work alongside great partners can help realize that national vision, and position your company for growth.

Experience South Sudan, learn about its energy opportunities and meet the private sector and government leaders at South Sudan Oil & Power 2022 on 13-14 September 2022 in Juba. Visit www.SSOP2022.com to register.

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

Business

Sierra Leone’s PDSL to Host Strategic Investor Roundtable at Paris Energy Forum

Published

on

Energy Capital

The Petroleum Directorate of Sierra Leone will lead a targeted roundtable at Invest in African Energy 2026, spotlighting upstream potential and cross-regional partnerships

PARIS, France, March 24, 2026/APO Group/ –The Petroleum Directorate of Sierra Leone (PDSL) is set to convene an investor roundtable at Invest in African Energy (IAE) Forum 2026 in Paris, underscoring growing interest in West and North African energy markets and the need for deeper capital engagement across exploration, renewable and offshore services. The session reflects a strategic effort by Sierra Leone to connect its emerging upstream prospects with established operators and project developers as the country moves to unlock the full potential of its emerging oil and gas industry.

 

Sierra Leone is increasingly positioning itself as a frontier oil and gas market with significant offshore potential, and part of the PDSL’s mandate is to catalyze investment interest in its offshore acreage through direct engagement with global capital. Recent data suggest the country holds estimated recoverable resources in the tens of billions of barrels, backed by discoveries and extensive multi‑client seismic datasets that prospective investors are evaluating. The PDSL is actively promoting licensing opportunities and drilling plans, emphasizing fiscal terms and exploration readiness to attract strategic partners.

 

A cornerstone of this strategy is the anticipated launch of the country’s sixth licensing round. Offering a rare early-entry opportunity into a largely untapped deepwater terrain with considerable upside, the upcoming bid round is backed by fresh 3D datasets which de-risk exploration and support new drilling campaigns. Just this month, GeoPartners announced that the final Pre-Stack Time Migration data for its recently acquired 3D multi-client seismic survey in the country was complete and is now available for licensing. The dataset provides a 3D window into the hydrocarbon potential of the underexplored northern Sierra Leone region.

 

Sierra Leone’s licensing drive comes as major operators advance exploration activities. In 2025, Eni signed a Reconnaissance Permit Agreement with the PDSL, securing rights to conduct reconnaissance and technical evaluation activities across offshore blocks G113, G129, G130, G131 and G132. The acreage covers 6,790 square kilometers within Sierra Leone’s territorial waters. Nigeria’s F.A. Oil Limited is pursuing drilling following its award of six offshore blocks through the country’s fifth licensing round in 2023. The company is currently seeking a farm-in partner to advance the project from exploration to production, offering a 40% stake in each of the G Blocks 53, 54, 55, 71, 72 and 73.

 

As these development unfold, the upcoming roundtable at IAE 2026 offers a unique opportunity for operators and policymakers to engage potential investors. The IAE 2026 Forum has become a strategic bridge between African upstream opportunities and global investors, with sessions like the PDSL roundtable designed to foster deeper dialogue and provide clarity on project pipelines and investment prerequisites. Discussions are expected to cover mechanisms for de‑risking exploration activity, optimizing fiscal and contractual frameworks and identifying synergies between hydrocarbon investment and renewable energy commitments.

 

For investors seeking differentiated exposure to African energy markets, the Sierra Leone roundtable represents both a focused exploration of frontier oil potential and a broader conversation about regional infrastructure, partnerships and the evolving demands of energy capital in the years ahead.

 

IAE 2026 (www.Invest-Africa-Energy.com) is an exclusive forum designed to connect African energy markets with global investors, serving as a key platform for deal-making in the lead-up to African Energy Week. Scheduled for April 22–23, 2026, in Paris, the event will provide delegates with two days of in-depth engagement with industry experts, project developers, investors and policymakers. For more information, visit www.Invest-Africa-Energy.com. To sponsor or register as a delegate, please contact sales@energycapitalpower.com

 

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

Continue Reading

Energy

Cape Town Prepares for African Mining Week 2026 as Draft Program Reveals Continent’s Mineral Drive

Published

on

Energy Capital

African Mining Week returns for its 2026 edition with an expanded three-day program, bringing together African mining leaders and global partners to shape the future of the continent’s mining sector

CAPE TOWN, South Africa, March 24, 2026/APO Group/ –Global economic trends – from record-breaking commodity prices to intensifying geopolitical competition for resources – are reshaping the strategic importance of Africa’s mineral wealth. As global countries race to secure supply chains for energy transition metals – which are expected to triple by 2030 – Africa is positioning its 30% share of the world’s critical minerals as a key pillar of economic growth. African governments are modernizing mining codes, developing industrial corridors and investing in mineral processing facilities to support local beneficiation, job creation, workforce development and regional mineral markets.

 

Against this backdrop, the upcoming African Mining Week (AMW) Conference & Exhibition – Africa’s premier gathering for mining stakeholders – has launched the draft program for its 2026 edition {https://apo-opa.co/3NneKLj}. Scheduled to take place October 14–16 in Cape Town, the event provides a platform where policymakers, global investors, project operators, technology providers, academia and mining service companies examine Africa’s mining opportunities, challenges and long-term strategic direction.

Under the theme ‘Mining the Future: Unearthing Africa’s Full Mineral Value’, the three-day, multi-track agenda reflects the growing urgency among African markets to strengthen value addition across the mining value chain.

Regional Cooperation and Policy Alignment in Focus

A key feature of the agenda is the Ministerial Forum, where African mining ministers will provide updates on regulatory reforms and policy alignment initiatives aimed at unlocking greater value from the continent’s mineral resources. Discussions will examine how harmonized regulatory frameworks and regional cooperation can accelerate investment flows and strengthen Africa’s position in global mineral supply chains.

The inclusion of regional policy integration reflects a growing continental push to leverage frameworks such as the African Continental Free Trade Area (AfCFTA) to enhance cross-border mineral cooperation and trade.

We are acting to enhance regional integration through frameworks such as the African Mining Vision and the Africa Mineral Strategy Group

“Africa’s integration is not only a political objective but a strategic economic vision,” stated Emmanuel Armah-Kofi Buah, Ghana’s Minister of Lands and Natural Resources, in remarks reported by Energy Capital & Power – organizers of AMW – in February 2026. “Our natural resources require coordinated policies. Isolated legal frameworks cannot fully unlock their value. Through integration and initiatives such as the ECOWAS [Economic Community of West African States] Mining Code and the African Mining Vision, we can build a stronger and more competitive mineral economy.”

Nigeria’s Minister of Solid Minerals Development, Henry Alake, echoed this emphasis on regional cooperation and beneficiation.

“We are acting to enhance regional integration through frameworks such as the African Mining Vision and the Africa Mineral Strategy Group,” he stated. “We must develop mineral corridors that connect resources, infrastructure and markets across the continent. Our goal is not to simply export raw materials, but to develop industrial hubs that create jobs and value across borders.”

Connecting Global Investors with African Opportunities

Strategic roundtables and Country Focus sessions form a key part of the AMW 2026 program, connecting African mining jurisdictions with international partners from the U.S, Europe, the Middle East and China. These sessions will provide African stakeholders with a platform to showcase exploration opportunities and project pipelines across the mining value chain.

Meanwhile, technical workshops and the exhibition floor at AMW 2026 will provide a platform for equipment manufacturers, technology providers and engineering firms to showcase innovations designed to enhance operational performance across mining operations.

By combining high-level policy dialogue with technical expertise and investment matchmaking, AMW 2026 positions itself as a critical marketplace where Africa’s mineral potential converges with global capital, technology and strategic partnerships – helping shape the next phase of growth for the continent’s mining sector.

AMW serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2026 conference from October 12-16 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.

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

Continue Reading

Business

Tony Elumelu Foundation Selects Seven North African Entrepreneurs in 2026 Cohort

Published

on

entrepreneurs

Seven North African entrepreneurs in technology, education, professional services and agriculture selected from 265,000 applications at historic Abuja ceremony

Hope is not just a feeling — it is a system we can build

ABUJA, Nigeria, March 24, 2026/APO Group/ —

  • 7 North African entrepreneurs selected from Morocco, Tunisia and Egypt
  • 51% of the 2026 cohort are women, all selected purely on merit, without any quota in place
  • 3,200 total entrepreneurs selected from 265,000+ applications across 54 African countries
  • USD 5,000 in non-refundable seed capital for each selected entrepreneur
  • Selection conducted independently by Ernst & Young

 

The Tony Elumelu Foundation (TEF) (www.TonyElumeluFoundation.org), the leading philanthropy empowering young African entrepreneurs, announced on Sunday, 22 March 2026 the 12th cohort of the TEF Entrepreneurship Programme at a ceremony held at the Transcorp Hilton, Abuja. The announcement was made by Founder Tony O. Elumelu, C.F.R.

 

Among the 3,200 entrepreneurs selected from 265,000 applications received from all 54 African countries: seven from North Africa. Three from Tunisia, two from Morocco, two from Egypt. Spanning technology, education, professional services and agribusiness, they represent a generation of North African founders building businesses that address the urgent needs of their communities. Their selection, which was conducted independently by Ernst & Young, places them among the most rigorously assessed young entrepreneurs on the continent.

 

This year’s cohort carries a historic signal: 51 percent of the 2026 entrepreneurs are women. They were selected purely on merit, without quota. Across hundreds of thousands of applications, women distinguished themselves through the strength of their ideas, the clarity of their business models and the ambition of their vision.

 

In 2026, the Foundation is empowering a total of 3,200 entrepreneurs across all its entrepreneurship programmes:

 

  • 1,751 entrepreneurs through Heirs Holdings Group: Heirs Energies, Transcorp Power, Transcorp Hotels, and United Capital;
  • 1,049 entrepreneurs in partnership with the European Commission, OACPS, BMZ and GIZ;
  • 100 entrepreneurs in partnership with Sèmè City Development Agency;
  • 100 entrepreneurs in partnership with DEG, the German Development Agency;
  • 100 entrepreneurs in partnership with the IKEA FoundationUNICEF’s Generation Unlimited and the Dutch Government; and
  • 100 entrepreneurs in partnership with UNDP and the Rwandan Ministry of Youth and Arts.

 

 

Each selected Tony Elumelu Entrepreneur will receive USD 5,000 in non-refundable seed capital, access to world-class business management training on TEFConnect, one-on-one mentorship, and entry into a powerful network of investors, partners and fellow entrepreneurs.

 

In his annual letter (https://apo-opa.co/4uOFepM), “A Story of Hope,” Tony O. Elumelu, C.F.R., Founder of the Tony Elumelu Foundation, shared a powerful message to the new cohort:

 

“For a long time, I believed luck was something that simply happened to you. Then I came to understand: luck can be engineered. Opportunity can be democratised. Hope is not just a feeling — it is a system we can build.” — Tony O. Elumelu, C.F.R., Founder, Tony Elumelu Foundation — 2026 Annual Letter

 

The Tony Elumelu Foundation has empowered over 2.5 million young Africans with access to business management training on TEFConnect (https://TEFConnect.com), and disbursed over USD 100 million in seed capital to more than 24,000 selected entrepreneurs.

 

Collectively, these entrepreneurs have generated USD 4.2 billion in revenue and created more than 1.5 million direct and indirect jobs. Through its support for African entrepreneurs, TEF has lifted 2.1 million Africans above the poverty line and positively impacted more than 4 million African households, with 46% of supported entrepreneurs being African women. Eighty percent of TEF-supported businesses survive and scale, against a global average of ten to twenty percent.

 

 

The announcement ceremony was broadcast live in English (https://apo-opa.co/3PWLiML), French (https://apo-opa.co/3PWLiML), Portuguese (https://apo-opa.co/4t4Y7Da) and Arabic (https://apo-opa.co/4bYHlQl).

 

Distributed by APO Group on behalf of The Tony Elumelu Foundation.

 

Continue Reading

Trending