Connect with us
Anglostratits

Business

African Energy Week 2022 to Host Youth Energy Roundtable in Collaboration with the AfCFTA Youth Forum

Published

3 years ago

on

African Energy Week

The roundtable discussion aims to empower young Africans, recognizing the role the youth play as drivers of the African energy transition

JOHANNESBURG, South Africa, September 16, 2022/APO Group/ — 

The African Energy Chamber (AEC), in collaboration with the African Continental Free Trade Agreement (AfCFTA) Youth Forum, will host a Youth Energy Roundtable discussion during this year’s edition of African Energy Week (AEW) (AECWeek.com) – taking place from October 18-21, 2022 in Cape Town. During the forum, discussions will largely center on the role of energy and power; kickstarting trade; and driving sustainability on the back of improved participation by the continent’s youth.

With energy representing the backbone of every economy, prioritizing the investment and development of Africa’s energy and power sectors is key. Currently, one of the biggest threats to the African continent is energy poverty, with 75% of those without access to electricity globally living in sub-Saharan Africa. However, the continent also represents one of the richest globally in terms of energy. Over 125 billion barrels of oil and 620 trillion cubic of natural gas, coupled with abundant renewable energy resources, have well positioned the continent to make energy poverty history by 2030. As such, in order for the continent to develop, industrialize and strengthen its economies, while ensuring the population has reliable, affordable and sustainable access to electricity, capitalizing on this resource wealth, as well as the continent’s biggest asset: the youth, is critical.

The African continent’s energy transition must speak to Africa’s reality and not limit the continent’s ability to develop and grow

In order for the continent to develop and monetize its resources, recognizing the role the youth play as drivers will enable Africa to fast track its development. Representing one of the most capable and willing workforces globally, Africa’s youth is set to usher in a new era of innovation, investment and business, not just across the upstream, midstream and downstream energy industries but across every facet of the value chain. In the trade sector, for example, an industry with one of the highest potentials for growth on the continent, the youth have and will continue to play a significant role. With the AfCFTA having been implemented in January 2021, new opportunities have arisen for the free trade of goods and services, opening up new prospects for employment, skills development and solving the unemployment crisis evident across the continent’s youth. Specifically, in the hydrocarbon, mining and power sectors, the AfCFTA, leveraged by the youth, will unlock new opportunities for growth and development across the continent, and already a number of organizations and stakeholders are providing the support needed to drive trade. The African Export-Import Bank, the Development Finance Institution and the International Finance Corporation, for example, continue to be instrumental funding partners for the continent’s youth. As new financial institutions are formed, these opportunities are set to increase multifold.

Meanwhile, at a time when the need to transition to a cleaner energy future is being prioritized globally, driving youth-led innovation and development will ensure the continent’s transition is not achieved at the risk of development. For Africa, oil and gas will continue to play a significant role in powering economies, industrializing the continent and making energy poverty history by 2030. While renewables will play a key role, it is clear that the transition needs to be implemented in a just and equitable manner. Stepping into this picture, Africa’s youth represent the drivers of Africa’s energy transition as they are well positioned to ensure the transition is well-balanced, prioritizing both people and the planet.

“The African continent’s energy transition must speak to Africa’s reality and not limit the continent’s ability to develop and grow. Africa’s youth is its strongest asset, and as such, they should be front and center of every energy-related decision as well as the energy transition. For a continent rich with a variety of natural and mineral resources, and now having the tools to expand intra-African trade through the AfCFTA, ensuring youth are at the forefront of development will translate into long-term, sustainable and beneficial growth,” states NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC), adding that, “It is in this context that we will host the Youth Energy Forum at AEW 2022 to empower the youth to seize opportunities, drive progress and lead the energy transition.”

The solution to making energy poverty history by 2030 lies in the continent’s young population. For Africa, a continent with the youngest and fastest growing population globally, unlocking the true potential of the youth will trigger newfound growth and innovation. As such, the AEW 2022 Youth Energy Forum will drive this very narrative, focusing predominantly on the capacity of the youth to expand energy and power-related sectors.

Distributed by APO Group on behalf of African Energy Week (AEW).

Related Topics:
Continue Reading
Advertisement

Events

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

Published

2 days ago

on

February 6, 2026

By

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.

Continue Reading

Business

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

Published

2 days ago

on

February 6, 2026

By

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.

 

Continue Reading

Business

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

Published

2 days ago

on

February 6, 2026

By

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).

Continue Reading

Trending