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Africa Adaptation Acceleration Program (AAAP) Webinar: Innovation Essential for Climate-Smart Future, But it’s Not Enough

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The webinar highlighted the potential of climate-smart and digital agriculture in attracting young people and thereby rejuvenating an aging global agricultural sector

ABIDJAN, Ivory Coast, October 25, 2022/APO Group/ — 

The 2022 United Nations Climate Change Conference, COP27, is dubbed ‘African COP’ as the impact of climate change on African countries will be a key theme of discussions. Agriculture and food systems will also be a critical focus of COP27, with Saturday, 12 November, dedicated to both themes, in addition to adaptation. Also high on the climate agenda is the role of the youth, as 10 November is dedicated to their participation.

Ahead of COP27 and in line with their commitment to this youth agenda, the African Development Bank and the Global Center on Adaptation hosted a webinar to examine ways to make agriculture attractive to the youth.

The webinar titled, Are Climate-Smart and Digital Agriculture Solutions the Silver Bullet to Attract Youth, highlighted the potential of climate-smart and digital agriculture in attracting young people and thereby rejuvenating an aging global agricultural sector.

Dr. Kevin Kariuki, African Development Bank’s Vice President for Power Energy, Climate and Green Growth, pointed out the challenges the agriculture sector faces due to the changing climate change.

“Agriculture across most of sub-Saharan Africa is still predominantly rain-fed and therefore extremely vulnerable to both short-term fluctuations and long-term changes in climate conditions. It is the most exposed sector with estimates indicating that climate change will cause a decrease in yields of 8 – 22% for Africa’s rain-fed staple crops over the next 20 years,” Kariuki said.

Dr. Beth Dunford, African Development Bank’s Vice President for Agriculture, Human and Social Development, noted that while agriculture holds tremendous potential for job creation in Africa, its current traditional form is not attractive to young people for various reasons, including negative perceptions.

“Who wants to wear overalls, dig the field with a hoe or drive a tractor when we can do it in a suit and dust coat, right? However, technology makes agriculture cool enough to motivate them to use tech-enabled enterprises to be part of agricultural value chains,” Dunford said.

Prof. Anthony Nyong, Senior Director for Africa at the Global Centre on Adaptation, said: “There is a gap in the agriculture sector in Africa, and that is in the use of digital solutions.”

There is a gap in the agriculture sector in Africa, and that is in the use of digital solutions

AAAP’s Climate Smart Digital Technologies for Agriculture and Food Security Pillar is scaling up access to digital technologies and associated data-driven agricultural and financial services for at least 30 million African farmers.

In the African Development Bank’s Program to Build Resilience for Food and Nutrition Security in the Horn of Africa (BREFONS) (https://bit.ly/3SBjvx8), currently ongoing in Djibouti, Ethiopia, Kenya, Somalia, South Sudan, and Sudan, the AAAP is facilitating the integration of climate-smart digital technologies for adaptation and resilience.

“The project will increase the productivity of crops and livestock by 30%, reaching about 1.3 million farmers and pastoralists using climate services such as index insurance. About 55,000 additional jobs will be created for youth and women,” said Oluyede Ajayi, Africa Program Lead, Food Security and Rural Well Being, Global Centre on Adaptation.

Panelists said the youth must utilize their digital skills to accelerate the transformation of the agricultural sector, which forms the central pillar of Africa’s economy. They urged participants to contribute to solutions that enhance market linkages to promote agribusiness.

“Africa’s significant youth population faces rising unemployment with myriad negative consequences. These challenges are further exacerbated by climate shocks, skill gaps & limited preparedness to address the effects of climate change,” said Andre-Marie Taptue, Principal Economist at the African Development Bank’s Jobs for Youth program.

AAAP’s YouthAdapt program (https://bit.ly/3D5JqqT) promotes sustainable job creation through entrepreneurship in climate adaptation and resilience in Africa by unlocking $3 billion in credit for adaptation action.

Last year, the first set of ten young African entrepreneurs and Micro, Small, and Medium-sized Enterprises (https://bit.ly/3zcerZb) offering innovative solutions and business ideas that can drive climate change adaptation and resilience were awarded at COP26 in Glasgow. This year the Africa Youth Adaptation Competition (https://bit.ly/3f0JkZP) 20 enterprises across Africa will each receive up to $100,000 in addition to mentorship and coaching to support their climate change adaptation innovation.

Panelists included Claude Migisha from the African Development Bank, Dr. Fleur Wouterse, and Aramide Abe from the Global Center of Adaptation. They shared their views on how AAAP was shaping and adding value to the Bank Digital Agriculture Flagship program, ways to accelerate investor engagement in agriculture adaptation, and how the YouthADAPT was moving the needle on entrepreneurship, unlocking finance and job creation.

Gislaine Matiedje Nkenmayi from Mumita Holdings, a recipient of the 2021 YouthADAPT Challenge award, shared her experience on how the $100,000 grant transformed her enterprise.

“With the grant, we were able to reach out to more than 10 cooperatives with a total of 257 smallholder farmers, to whom we offer free advisory services, low-cost greenhouses and solar-powered irrigation systems. We have been able to expand production from 100kg to 1000kg of fresh vegetables weekly,” Nkenmayi said.

In her concluding remarks, Edith Ofwona Adera, Principal Regional Climate Change Officer and AAAP coordinator at the Bank stressed the need to strengthen adaptation and resilience measures and expedite mainstreaming climate adaptation for transformation at scale. She called for the engagement of the private sector, given the role they can play in adapting to climate change, financing adaptation, and supporting others through products and services for resilience.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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Etu Energias

As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

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

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

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

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