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

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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.

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Congo Is Turning Reserves into Bankable Projects – and the Investment Window Is Opening

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Etu Energias

Eni-led LNG expansion and ongoing deepwater investment are pushing the Republic of Congo’s energy sector toward more bankable projects ahead of the Congo Energy & Investment Forum 2027

BRAZZAVILLE, Congo (Republic of the), June 23, 2026/APO Group/ –With LNG exports set to triple to 3 mtpa, upstream oil production targeting 500,000 bpd and a renewed push on local content, the Republic of Congo is positioning itself as one of Central Africa’s most investable hydrocarbon markets. Under the leadership of the newly-appointed Minister of Hydrocarbons, Stev Simplice Onanga, the country is prioritizing industry growth by balancing local content with reserve replacement and project advancement.

 

What sets Congo apart is not the scale of its reserves, but the pace at which those reserves are being turned into commercially viable projects. From Eni’s LNG expansion and TotalEnergies’ deepwater developments to brownfield optimization by Trident Energy and output growth at Ammat Global Resources, capital is flowing into projects with clearer monetization pathways and nearer-term returns.

Ahead of the Congo Energy & Investment Forum (CEIF) 2027 – the country’s leading platform for energy investment and partnerships – the story is shifting away from frontier potential toward bankable projects already under development.

Policy Reform Is De-Risking Investment

Congo’s investment case is being reshaped by the alignment of resource base, regulatory reform and project delivery. Established oil production, expanding LNG capacity and fiscal adjustments are gradually reducing above-ground risk.

Recent reforms led by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo have added structure to the sector. The Gas Code, introduced in October 2025, formalizes fiscal terms for gas commercialization, while the Gas Master Plan prioritizes flaring reduction and gas-to-power deployment, targeting 1,500 MW by 2030.

A new upstream licensing round is also under consideration, aimed at attracting fresh capital into both mature and frontier acreage. Together, these measures are improving visibility across upstream, midstream and downstream segments, with recent project activity reinforcing the shift.

The Projects Driving the Next Cycle

Deepwater oil remains central to Congo’s production outlook, with operators progressing both new developments and brownfield optimization. TotalEnergies is advancing work at the Moho licence following the April 2026 Moho G discovery, backed by a $500–$600 million infill drilling program targeting about 40,000 bpd in incremental output.

Local independent Ammat Global Resources is targeting 70% production growth from its Loango and Zatchi fields, where reactivated wells and upgraded platforms have already lifted output by 75%. Perenco continues steady gains, adding roughly 6,000 bpd through its 2025–2026 drilling program.

Trident Energy, after acquiring an 85% working interest in the Nkossa and Nsoko II assets in 2025, is focused on extending field life through subsea optimization and redevelopment work.

While oil continues to anchor revenues, gas is rapidly emerging as Congo’s fastest-growing segment. Eni’s Congo LNG project delivered its first cargo from Phase 2 in February 2026, following the startup of the Nguya FLNG unit in December 2025. Together with Tango FLNG, capacity has risen from 0.6 mtpa to 3 mtpa. Trident Energy has also proposed an FLNG project aimed at adding further capacity across the country’s gas market. The project is expected to operate as shared infrastructure, allowing multiple operators to process gas from their respective fields. This creates an outlet for associated gas that might otherwise be stranded, supporting the country’s broader diversification goals.

Local Content Is Reshaping Investment Terms

Beyond upstream policy, Minister Onanga has positioned local content as a central pillar of Congo’s investment framework, and a key determinant of how capital is structured and deployed.

Decrees 2019-342, 343, 344 and 345 set requirements around subcontracting, workforce localization and training commitments, with the effect being a gradual shift in how projects are structured and how partnerships are formed. Operators are increasingly assessed not only on technical delivery but on in-country value creation, including partnerships with local firms and skills development. Logistics, maintenance and other service areas are increasingly channeled through domestic providers.

At CEIF 2027 – taking place June 1–3 in Brazzaville – attention will shift to what is moving forward and to the investors positioned to take part in that pipeline. Congo’s energy sector is no longer defined by potential alone: projects are moving, capital is being committed and policy is starting to catch up with activity on the ground.

As the Republic of Congo moves from reserves to revenue, the signal to investors is clear: this is already unfolding, not a future opportunity.

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

 

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Afreximbank secures double honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards for excellence in strategic communications

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Afreximbank

The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event

CAIRO, Egypt, June 23, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been recognised with two prestigious honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards, one of the world’s most prestigious awards programmes for strategic communications.

 

The Bank received an Award of Excellence in Special and Experiential Events category for the Intra-African Trade Fair 2025 (IATF2025) held in Algiers, Algeria and an Award of Merit in the Social Media category for its Afreximbank Social Media Campaigns, reaffirming Afreximbank’s commitment to delivering impactful communications that advance its mandate of promoting trade, investment and industrialisation across Africa and the Caribbean.

We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communication

The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event. IATF2025 brought together governments, businesses, investors, buyers, sellers and entrepreneurs from across Africa and beyond, creating a platform for trade and investment opportunities while advancing the objectives of the African Continental Free Trade Area (AfCFTA). The communications campaign played a pivotal role in driving global awareness, stakeholder participation, media visibility and engagement before, during and after the event, while showcasing the scale, ambition and dynamism of African enterprise and reinforcing a positive narrative about Africa’s capacity to trade, industrialise and compete on the global stage. Over 120,000 delegates attended IATF2025 in person and virtually, with deals worth over US$50 billion recorded.

The Award of Merit for Afreximbank Social Media Campaigns recognises the Bank’s strategic use of digital platforms to engage stakeholders, amplify its developmental impact and elevate conversations around trade, industrialisation, economic integration and investment opportunities across Africa and the Caribbean. Through a combination of compelling storytelling, thought leadership content, executive advocacy, multimedia production and real-time event coverage, Afreximbank’s social media platforms have continued to expand their reach and influence among policymakers, businesses, investors, development partners and the wider public. Among these platforms is the Afreximbank TV, a digital TV channel that is wholly owned and managed by Afreximbank, whose fifth edition was celebrated with dedicated coverage of IATF2025, providing live coverage of the activities to both pan African and global audiences.

Anne Ezeh, Director & Global Head, Communications and Events at Afreximbank commented: “We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communications. As a pan African multilateral financial institution, we see storytelling as a powerful tool for advancing our mission — ensuring our initiatives, events, programmes and key announcements not only inform, but also inspire confidence, deepen engagement and amplify Africa’s transformation. These awards reinforce our resolve to continue delivering world-class communications that elevate African voices and projects a bold and authoritative narrative of the continent.”

Ms. Ezeh added that through innovative storytelling, digital engagement and integrated campaigns, the Bank will continue to amplify the impact of its programmes and partnerships  to project a more authentic narrative of Africa, one defined by opportunity, innovation, resilience and growing influence in the global economy.

For more than five decades, the IABC Gold Quill Awards have recognised excellence in strategic communications globally, celebrating programmes and campaigns that demonstrate measurable impact, innovation, creativity and outstanding execution. Widely regarded as the pinnacle of achievement in the communications profession, the awards are judged through a rigorous and independent evaluation process conducted by experienced communication leaders from around the world.

Distributed by APO Group on behalf of Afreximbank.

 

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Islamic Development Bank (IsDB) Institute Unveils 2025 Annual Report During Group Annual Meetings in Baku

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IsDBI

In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) has released its 2025 Annual Report during the 2026 IsDB Group Annual Meetings held in Baku, Azerbaijan, showcasing a year of expanded impact in Islamic finance transformation, innovative solutions, and capacity development.

 

The report highlights how IsDBI strengthened its role as a global knowledge leader by advancing innovative solutions and scaling support to Member Countries through knowledge-based interventions, Islamic finance grants, and strategic partnerships.

In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million, supporting countries in strengthening regulatory frameworks and promoting inclusive financial systems.

Since 2013, the Institute’s interventions in this regard have reached over US$27.57 million across 181 projects benefiting more than 34 countries, underlining its sustained contribution to development outcomes across the Islamic world.

I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem

The Annual Report highlights major progress in IsDBI’s three flagship transformative projects, namely Awqāf Free Zones, Digital Postal Islamic Financial Services, and Smart Countertrade System, which have all advanced to pilot-ready stages. These initiatives aim to address global challenges such as financial inclusion, food and energy security, and trade resilience.

Furthermore, the Institute accelerated its focus on digital innovation in Islamic finance, enhancing its Islamic Finance Artificial Intelligence Assistant (IFAA) and hosting its first AI Hackathon on Islamic Finance, engaging more than 40 teams in developing cutting-edge solutions aligned with industry standards.

Human capital development in Islamic finance also remained a cornerstone of IsDBI’s work in 2025, with the delivery of over 20 training programs reaching around 500 professionals across Member Countries. A key achievement in this area was the Entrepreneurial Mindset Development Program, a flagship initiative equipping emerging leaders from 20 countries with innovation-driven and values-based entrepreneurship skills. The program was designed and implemented in collaboration with Prince Mohammed Bin Salman College of Business and Entrepreneurship, Saudi Arabia.

The Institute also strengthened its thought leadership through flagship publications, global partnerships, and digital engagement, reinforcing its position as a leading voice in Islamic economics and finance.

Commenting on the issuance of the Annual Report, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said: “I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem by bridging knowledge creation, building human capital, and designing innovative solutions to address economic challenges.”

The 2025 Annual Report is accessible on IsDBI website here (https://isdbinstitute.org/product/isdbi-annual-report-2025/).

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

 

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