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Talks With Hyve Group/Africa Oil Week Are Officially Off; African Energy Week (AEW) Scheduled for October 16-20 in Cape Town

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3 years ago

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African Energy Week

Having reached out on multiple occasions to Africa Oil Week, African Energy Week will no longer pursue collaboration with the conference or event organizers and will continue to work towards supporting Africa’s energy sector and making energy poverty history at AEW 2023

JOHANNESBURG, South Africa, December 12, 2022/APO Group/ — 

While African Energy Week (AEW) (www.AECweek.com) organizers, the African Energy Chamber (AEC), have made continuous efforts to engage with Africa Oil Week (AOW), these efforts have been in vain, with AOW expressing complete disinterest in collaborating towards a singular, pan-African event. As such, talks with AOW are officially over and AEW will press on with its commitment of alleviating energy poverty, improving Africa-directed investment while developing the entire African energy sector and value chain in pursuit of industrialization and socioeconomic growth.

“Am neither a Putz nor a Schmock. We listened to the industry on the need to work together. We have reached out time and time again to AOW in the hopes of collaborating, and yet they refuse to work with us. Sad. They are still bitter that we called them out for abandoning Africa to go to Dubai in 2021 as well as for putting Ministers and officials on their agenda that do not show up and misleading people. They are not even happy that we are participating in a discourse about Africa’s energy future. Let me be clear: Africans deserve every right to have a seat at the table and we should not apologize for demanding it,” states NJ Ayuk, Executive Chairman of the AEC.

“We are not interested in rivalry and polarization but are committed towards supporting our energy sector and making energy poverty history by 2030. This is our goal, and it should be the goal of AOW. So now, AEW will press on with its agenda with the 2023 edition promising to be even bigger, bolder, and better than the editions that preceded it. You just watch what will happen in 2023. We will outwork them, and we will compete to promote every African country and we will support our energy sector like never before,” concluded Ayuk.

AEW 2023 will push for an energy mix, the utilization of oil, gas and coal to solve our ongoing energy crisis

AEW has emerged as the biggest gathering for African policymakers and governments, public sector companies and regulators, regional and international players as well as private sector executives and investors to discuss the state of play of Africa’s energy future. AEW 2022 featured African presidents to the likes of H.E. Yoweri Museveni, President of Uganda and H.E. Filipe Nyusi, President of Mozambique, as well as ministers from South Africa, South Sudan, Equatorial Guinea, Senegal, Mozambique, Congo-Brazzaville, Ghana, Niger and many more, alongside delegations from OPEC, the U.S, the European Commission, Russia and Saudi Arabia. This year 26 delegations were present; 47 ministries, 4,200 attendees – of which 81% were from outside of South Africa and 19% in-country – 44 sponsors; 20 partners; and 17 exhibitors.

Building on the 2022 edition’s success, AEW 2023 plans to increase these figures two-fold, diversifying conference topics, hosting a multitude of country delegations and private sector executives, while offering new and improved networking forums that promise new opportunities for partnerships and collaborations. Making energy poverty history by 2030 will require significant levels of investment, and as such, AEW 2023 will focus on deal signing, connecting investors with African opportunities while making a strong case for African-driven financial agreements.

In the 2022-2023 context, African and global energy demand continues to soar, prices remain unstable, while supply ever-volatile, emphasizing the need and role of African producing countries to ramp up exploration, bring new supplies on the market while enhancing infrastructure and distribution networks both intra- and inter-continentally. The year 2022 has made clear the role African hydrocarbon resources will play in the world’s future energy mix, and while global pressures continue to mount with regards to the energy transition and the abandonment of fossil fuels, Africa’s oil and gas remains key for driving economic growth and prosperity.

As such, AEW 2023 will feature strong discussions on the need for an integrated energy mix in Africa, one that incorporates oil, gas, coal and renewables energies. As an event, AEW welcomes the role renewables play in Africa, but also recognizes that the intermittent nature of these resources will essentially restrict any meaningful efforts of making energy poverty history by 2030. In this scenario, the utilization of a mixed resource pool will ensure the adequate resources are available for the continent to industrialize and grow.

In 2023, AEW will push forward with driving new investment in African energy; making a case for financing our own future; enhancing local content and the participation of women in energy; while driving a just and inclusive energy transition on the back of every resource available on the continent. AEW 2023 will push for an energy mix, the utilization of oil, gas and coal to solve our ongoing energy crisis.

The 2023 edition of Africa’s premier event for the oil and gas industry, AEW, will take place from October 16-20 in Cape Town under the same mandate of making energy poverty history by 2030. Since the event’s inauguration in 2021, organizers have been committed to providing an Africa-based platform where discussions on Africa’s energy future can be held and driven by African stakeholders. In 2023, this agenda will continue, with the event now representing the biggest of its kind to ever take place on the African continent. 

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

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

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2 days ago

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February 6, 2026

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

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2 days ago

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February 6, 2026

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

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2 days ago

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February 6, 2026

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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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