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End Energy Colonialism and Let Africa Make its Choices on Natural Gas at Conference of the Parties (COP27) – African Energy Chamber

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COP27

900 million Africans rely on solid biomass such as firewood and charcoal for cooking, which causes indoor pollution that kills 600,000 people a year

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

Let’s look at African realities

A kettle boiled twice a day by the rich and luxurious family of radical leftist group Extinction Rebellion’s (http://bit.ly/3GrFAM2) Chloé Farand in the France, uses five times as much electricity as an entire Malian family uses per year.

900 million Africans rely on solid biomass such as firewood and charcoal for cooking, which causes indoor pollution that kills 600,000 people a year. On average, a Tanzanian would take 8 years to consume as much electricity as Chloé Farand consumes in one month.

Sub-Saharan Africa has undiscovered, but technically recoverable, energy resources estimated at about 115.34 billion barrels of oil and 21.05 trillion cubic metres of gas. We have to use our natural gas to fix Africa’s problems. Chloé Farand needs to decarbonize and Bola, Aderike, Abosede, Atinuke Omolade and Oyinola need to have electricity, clean cooking, jobs and industrialization. And we need to use African natural gas to do that. Except you believe like many in Chloe Ferand’s camp do, that Africans do not deserve reliable and affordable power just like they have in Europe. 

Environmental Concerns

While environmental causes are a major focus in the West, lawmakers in Africa’s developing countries are more concerned with living wages and supplying basic necessities to the continent’s growing population.

The plan of radical western activists like Chloé Farand who often pretend to be journalists to hide their murky anti-Africa agendas and Extinction Rebellion would amount to austerity measures in Africa that would see Africans leaving petroleum resources in the ground that has benefitted Farand and generations of her family for hundreds of years, in exchange for poverty for Africans. Her parents colonized us and took everything and today she  essentially brands poor Africans criminals — or at the very least enemies of the environment — for using fossil fuels. We just saw it with the recent hit job and attacks on Africans at COP27.

Africa’s natural gas sector will soon be responsible for large-scale job creation, increased opportunities for monetization and economic diversification, and critical gas-to-power initiatives that will bring more Africans reliable electricity. These significant benefits should not be dismissed in the name of achieving net zero emissions on deadlines set by Farand, her ilk and people who only know Africa from TV, Halloween parties and the odd exotic trip abroad. To tell African countries with gas potential like Mozambique, Tanzania, Equatorial Guinea, Nigeria, Senegal, Libya, Algeria, South Africa, Angola and many others that they can’t monetize their gas and rather wait for foreign aid and handouts from their western counterparts makes no sense. At the same time, Farand and her family in France and the UK continue to enjoy power from the same gas they deny Africans, as well as coal and other forms of hydrocarbons.

What’s more, we can’t overlook the fact that renewable energy solutions are still young technologies —they are less reliable and more expensive per unit of power than other tried-and-tested sources of base load, including hydrocarbons. Achieving net zero by 2050 would therefore require that Farand focus her advocacy on her family and her neighbors rather than pick on poor Africans.

A ban on African natural gas production would bring about the collapse of many carbon-dependent governments in Africa

Banning African Natural Gas Production

A ban on African natural gas production would bring about the collapse of many carbon-dependent governments in Africa. The oil industry is the primary source of income for many African nations. Without the continuation of petroleum production — or time and opportunities to cultivate new revenue sources — their economies will suffer — along with their citizens.

Fossil Fuel executives should be at COP27. We have maintained in the past and continue to believe that demonizing energy companies and those that work in the oil and gas industry is not a constructive way forward and ignoring the role that carbon-based fuels have played in driving human progress distorts the public debate. Western countries are flat out wrong on this. They have benefited the most from Fossil Fuels. We are facing climate challenges today solely due to their historic pollution.

We cannot expect African nations, which together emitted seven times less CO2 than China last year and four times less than the US, according to the Global Carbon Atlas, to undermine their best opportunities for economic development by simply aligning with the Western view of how to tackle carbon emissions. At the same time, no western nation is ready to pay a fair price for their role in legacy carbon emissions

Outside Agitators at COP27.

Africans who attend COP27 are not outside agitators. Africans who work in the natural gas industry continue to be treated as outside agitators for daring to attend an African COP27 in Egypt. The nasty and vicious attacks from radical environmental groups such as extinction rebellion and their surrogates such as Chloe Farand who claim and pretend to speak in Africa’s best interest.  Where and when were they elected to this these positions and by which Africans might we ask? A very rich white woman who does not understand the need to defeat black energy poverty. We are not surprised by the racist undertones of their advocacy, given that her Orgarnisation do not hire or recruit black people. Maybe she can start by hiring some token blacks.  She has refused to provide documentation on her funding for such anti-black and African activities.  She plagiarized a discredited and debunked story to attack Africans. Sounds familiar.

Black people who are fighting energy poverty in Africa must understand that they will continue to be attacked by vested anti-African interests, many of which often pretend to be pro-African. They will face situations like that of African Americans fighting for civil rights in the 60s.  Segregationist Alabama Governor John Patterson for example refused to condemn white rioters, and instead blamed the Freedom Riders for the violence they suffered in Alabama at the hands of white rioters who used similar language like we see being used today against African anti-energy poverty advocates; trouble makers, charlatans, fraudsters, looters, corrupt, terrorists etc.

Patterson had warned that integration would cause “violence, disorder, and bloodshed” and had refused to repudiate an endorsement from the Ku Klux Klan. “If the Federal Government really wants to help in this unfortunate situation,” Patterson told reporters in Montgomery, “they will encourage these outside agitators to go home. We have the means and the ability to keep the peace in Alabama without any outside help.”

White opposition to black energy poverty was largely a quiet movement that has now become the rallying cry of the climate movement. Africans need to pay attention to this. When they attack your beloved African Energy Chamber and anyone associated with it, it is because our work is picking up steam and they need to silence our voices. We will not be silenced by people who live in houses that use coal, use gas to drive their cars, use diesel to power their economies and then lecture Africans that they need to stay in the dark and be happy for it for the sake of our environment. A very white colonialist agenda.  

China and Africa

While extinction rebellion and others are calling for a ban on investment in African oil and gas, China, meanwhile, appears willing to continue investing in fossil fuel projects in Africa. This means that to keep their nations energized, African governments will have little choice but to partner with China.

This generation of Africans have a battle on their hands. Like Nkrumah, Mandela, Sankara, Garvey, King, Ahmed Ben Bella, Malcolm and Winnie Madikizela Mandela, we will continue fighting these battles. We will push back harder; we will not let anyone silence and destroy the future of Africans. The God of our ancestors is with us and we are wearing the armor and winning the war.

Distributed by APO Group on behalf of African Energy Chamber.

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Ministers among hundreds of energy-sector leaders to attend AOW event

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Sinclair

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors”

CAPE TOWN, South Africa, October 4, 2024/APO Group/ — 

AOW: Investing in African Energy (https://AOWEnergy.com) – Africa’s leading oil, gas and energy event – has confirmed attendance for more than 80 ministers and senior officials, representing African governments, energy departments and regulators at next month’s event.

These influential stakeholders will be among the more than 1 600 senior delegates and industry leaders who will be attending the event to develop policy, share discoveries, secure investment, and shape Africa’s energy future.

The event kicks off with an invitation-only ministerial symposium focused on the theme of “Fostering innovation, attracting investment, and promoting sustainable growth in the oil, gas, and energy sectors.”

Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention

Among the officials and government ministers attending will be energy leaders from South Africa, Nigeria, Namibia, Cote d’Ivoire, Mozambique, DRC, Ghana, Kenya, Madagascar, Eswatini, Uganda, CAR, Guinea Conakry, Guinea Bissau, Ethiopia, The Gambia, Gabon, Malawi, Morocco, Zanzibar, Liberia, Senegal, Congo Brazzaville and Sierra Leone.

In addition, the event will feature high-level delegations from numerous national oil companies, as well as multilateral bodies including the African Union, (AU), African Energy Commission (AFREC), African Petroleum Producers’ Organization (APPO) and the Southern African Power Pool (SAPP).

AOW will see these energy leaders networking with C-suite executives and decision-makers from more than 760 top energy companies at daily networking events, to discuss insights, forge new relationships, and negotiate major energy deals.

“We are so excited to see the calibre of delegates at this year’s AOW event,” says Chief Executive Officer of Sankofa Events, Paul Sinclair. “Given the recent major oil-and-gas discoveries across Africa, the energy transition and major geopolitical events, it is clear that the energy sector needs positive intervention. The high-powered attendance proves AOW is a key platform to enable this intervention.”

Key themes to be discussed at this year’s AOW will be sustainable upstream development; expanding gas value chains; renewables and new energies; adoption of best-in-class technologies; and access to finance.

AOW: Investing in African Energy will culminate in a special anniversary party at Groot Constantia Vineyard to celebrate 30 years of the AOW event.

Distributed by APO Group on behalf of AOW: Investing in African Energy.

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Afreximbank approves US$20.8 million for Starlink Global’s cashew factory project in Lagos

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The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs

CAIRO, Egypt, October 4, 2024/APO Group/ — 

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has approved a US$20.8 million financing facility for Nigeria-based Starlink Global & Ideal Limited to enable the company construct and operate a 30,000-metric tonne per annum cashew processing factory in Lagos.

We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria

According to the facility agreement signed in on July 22, 2024, Afreximbank will provide the funds in two tranches with the first tranche of US$7.48M going toward capital expenditure for the construction of the factory and the second, totalling US$13.25M to be deployed as working capital for the operations of the factory.

The facility is expected to promote value addition which will guarantee increased earnings to the company while also fostering the creation of about 400 new jobs once the factory becomes operational. It is also expected to support about 40 small and medium-sized enterprises.

Commenting on the transaction, Mrs. Kanayo Awani, Executive Vice President, Intra Africa Trade and Export Development, Afreximbank, said that by supporting Starlink Global to establish a modern processing facility, Afreximbank is making it possible for Africa to add value to its agro-commodities, thereby facilitating exports and subsequent inflow of much-needed foreign exchange into the continent.

“We are delighted at this partnership which promises to deliver significant impact on employment in Nigeria. It will contribute to value creation and to the development of the local community while also improving the lots of smallholder farmers and small business suppliers that will work with Starlink across the value chain,” Mrs. Awani added.

Distributed by APO Group on behalf of Afreximbank.

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Sonangol to Lead Decarbonized Oil & Gas (O&G) Development, Says Angolan National Oil Company (NOC) Head

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Sonangol

Participating in an on-stage interview at Angola Oil & Gas 2024, Sonangol CEO Sebastião Gaspar Martins emphasized that oil and gas remains a core focus for the national oil company

LUANDA, Angola, October 3, 2024/APO Group/ — 

Angola’s national oil company Sonangol reiterated its commitment to driving sustainable hydrocarbon development during the Angola Oil & Gas (AOG) conference this week. Speaking during an “In-Conversation with” session, Sonangol CEO Sebastião Gaspar Martins stated that the company will not abandon oil and gas, but rather advance decarbonized oil and gas development.

We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas

By investing in upstream oil and gas production while prioritizing low-carbon projects, Sonangol aims to boost national crude output, while diversifying and decarbonizing the industry. The NOC is focusing efforts on non-associated gas development, as well as alternative energy sources such as solar.

“We are looking at opportunities in the gas sector and have identified the right partner to develop non-associated gas. Gas produced from Angola LNG will be used for the production of fertilizer and we are evaluating the utilization of gas in the south of the country, linking gas with steel industries. We also have a blue carbon project, linked to the reduction of carbon through the plantation of mangroves. We have one area in Luanda and have identified four additional areas for this,” stated Gaspar Martins.

Sonangol has undergone transformation in recent years: following the creation of the National Oil, Gas & Biofuels Agency (ANPG) in 2019, Sonangol transferred its role as national concessionaire and regulator. This transformation has aimed to make Sonangol more competitive and strengthen its capacity as an upstream operator. Concurrently, the government is partially privatizing the NOC, with privatization set to be complete in 2026. This process will enhance financial capacity, allowing Sonangol to drive new upstream projects forward.

“The transformation of Sonangol started several years ago, when we passed the regulatory, concessionaire role to the ANPG. At the time, we transferred almost 600 employees to the ANPG. After that, Sonangol underwent a restructuring program where we created five core business units from 36 different entities – starting with exploration and production. We want to go public, but we want to do it properly. So, we are currently going through all the processes to do this,” stated Gaspar Martins.

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

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