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Minister of Petroleum and Mineral Resources, Hon. Abdirisaq Mohamed Omar Federal Republic of Somalia, Attending Africa Oil Week

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somalia

Africa Oil Week sees the strongest presence of Ministers and Government officials

CAPE TOWN, South Africa, September 15, 2022/APO Group/ — 

Hon. Abdirisaq Mohamed Omar Federal Republic of Somalia, Minister of Petroleum and Mineral Resources, is officially attending Africa Oil Week 2022 (www.Africa-OilWeek.com) on 3-7 October. Honourable Omar has been in his high-profile role since August 2022 and will be joining over 30 ministers at the event held in the heart of South Africa’s Cape Town. Organised by Hyve Group Plc., Africa Oil Week is the leading Oil and Gas event that promises to bring together leading energy stakeholders to celebrate this year’s theme: Sustainable Growth in a Low Carbon World

“Africa Oil Week warmly welcomes Hon. Abdirisaq Mohamed Omar Federal Republic of Somalia, Minister of Petroleum and Mineral Resources, to this year’s event. His appointment is proof of how well respected he is in the industry as he leads his country into a new era of energy and economic growth. Somalia is rich with opportunities spanning the entire energy sector and value chain, so hearing his valued insights into the need for foreign investment and international player participation in African oil and gas will be a great contribution,” said Paul Sinclair, VP of Energy and Director of Government Relations for Africa Oil Week.

Africa Oil Week is dedicated to getting each country’s challenges and needs to be heard on a global stage

Despite oil representing the backbone of most industrialised economies, Somalia is still largely reliant on imports to sustain its economy. H.E. Minister Mohamed is dedicated to changing this trend by creating a more appealing market in Somalia and has previously told Africa Now that he will be prioritising exploration, infrastructure development and regional cooperation to get Africa’s Upstream and Downstream as the backbone of the continent’s economy. This work, alongside a focus on returning global energy majors, will be the key pathway to opening up a new era of hydrocarbon in Somalia and beyond.

“Fortunately, Somalia is on the cusp of experiencing a brilliant new dawn. The country is now well set-up with the framework it needs to bring foreign investors back to the country. Additionally, the 2020 petroleum laws regulating the industry ensures that greater revenue for Somalia and its regions are in the very near future,” Sinclair said.

“Africa Oil Week is dedicated to getting each country’s challenges and needs to be heard on a global stage, as well as giving leaders the chance to network with major energy players to discuss investment and even entering a new market. As global demand for African oil and gas has increased over the last 12 months, Somalia has emerged as a highly attractive investment destination, so we fully support H.E. Minister Mohamed’s goal to transform the sector and make a strong case for foreign investment and further participation from international organisations,” said Sinclair.

He adds, “The entire event has been running for over two decades as a way of promoting everything Africa has to offer when it comes to the world’s energy needs. But with the continent’s economy struggling to stay stabilised and more than 80 per cent of the Sub-Saharan African population being without access to clean cooking technologies, Africa Oil Week 2022 is an essential event for Africa to take a step forward into the global energy space.”

Register your interest now to play your role in sustainably developing our industry and Africa via the African upstream. Attend the conference alongside senior delegates and 50+ Ministers and leaders of government: Africa Oil Week 2022 (www.Africa-OilWeek.com). 

Distributed by APO Group on behalf of Africa Oil Week.

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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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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Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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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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Business

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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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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