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African Energy Chamber to Host Local Content, Business Development Roundtable at NIEC 2023

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Nigeria

The African Energy Chamber will host a roundtable discussion at 12:30 on 25 April at the Namibia International Energy Conference in Windhoek centered on how Namibian businesses can seize the opportunities created by first oil and gas development

JOHANNESBURG, South Africa, April 24, 2023/APO Group/ — 

Serving as the voice of the African energy sector, the African Energy Chamber (AEC) (www.EnergyChamber.org) is pleased to announce that it will host a roundtable at 12:30 on Tuesday 25 April at the Namibian International Energy Conference (NIEC) 2023. Taking place under the theme, ‘Business Development in Oil and Gas,’ the roundtable serves as a foundation for investing in and developing Africa’s oil and gas resources while exploring opportunities for Namibian stakeholders and business players across the country’s burgeoning oil and gas industry.

Hosted by the AEC, speakers include Robert Mwanachilenga, General Manager of Reconnaissance Energy Namibia and Anthony Paul, Energy, Policy & Strategy Advisor. The roundtable will focus on local content, discussing opportunities for Namibian-owned businesses and stakeholders, while advocating for oil and gas monetization in Africa. It will emphasize Africa’s vast reserves of crude oil and natural gas as critical resources to provide consistent power supply for over 600 million people currently lacking access to electricity.

Despite holding vast quantities of oil and gas, lack of investment in major producing countries, delayed exploration campaigns in potential markets and global pressure to reduce oil and gas utilization has significantly delayed development progress in Africa. However, recent trends are expected to turn this around with new discoveries being made in Namibia – at the Venus, Graff and Jonker wells – accelerated exploration campaigns in South Africa, Zimbabwe, Ivory Coast, among others, and large-scale infrastructure projects being developed in Angola, Uganda, Senegal and Mauritania. These developments not only make a strong case for investment opportunities in Africa but are set to transform the economic space through new supplies being brought on the market, the opening of economic opportunities such as job prospects and infrastructure rollout on a large-scale basis.

The AEC-hosted roundtable discussion at the NIEC 2023 represents a crucial opportunity for driving the conversation around Africa’s oil and gas resources in the 2023

In Namibia, for example, the three major oil and gas discoveries made in 2022 and 2023 by global energy majors Shell, TotalEnergies and Qatar Energy promise new opportunities for both domestic market growth and regional economic development. Since these discoveries, E&P players have been quick to seize the opportunities present in the basin with the launch of new exploration campaigns country-wide. Reconnaissance Africa, for instance, is actively exploring the Kavango Basin. Additionally, the country has made significant progress in regional collaboration, engaging with neighboring countries such as Angola, South Africa, and Equatorial Guinea to establish partnerships and foster knowledge-sharing. These advancements are anticipated to create more opportunities for investors, and the roundtable discussion will provide clear insights on these prospects.

The opportunities created by these three major discoveries transcend energy supplies, with the AEC roundtable exploring what these developments will mean for Namibian-owned businesses. In addition to job creation opportunities, Namibia’s nascent oil and gas market is expected to trigger newfound prospects for business expansion and involvement, as more Namibians turn their attention to the high-potential hydrocarbons sector. During the roundtable, speakers will investigate how Namibians can seize opportunities created by the discoveries, the opportunities for enhancing the participation of women and youth in the industry, and how businesses and people can build partnerships, forge joint ventures and drive the industry into a new era of success. It will also provide insight into the AEC’s recently launched local content office in Namibia, detailing how the office will serve to promote local content and capacity building across the entire energy value chain,

The roundtable will play an important role in bringing together experts, stakeholders and key players in the industry to discuss the challenges, opportunities and strategies for promoting sustainable growth and development across the African oil and gas sector. Such discussions will help identify key trends and issues facing the industry, such as unproductive policies, global market dynamics and investment trends while speakers being to explore ways to overcome these challenges and maximize opportunities. On the engagement side, the roundtable will serve as a crucial platform for the facilitation of networking and collaboration across the industry, as delegates share insights, experiences and best practices. Critically, the roundtable will promote dialogue, knowledge sharing and collaboration, serving as the foundation for sustainable growth on the back of industry-focused dialogue and knowledge exchange.

“The AEC-hosted roundtable discussion at the NIEC 2023 represents a crucial opportunity for driving the conversation around Africa’s oil and gas resources in the 2023, energy-transition landscape. Africa cannot afford to leave its oil and gas in the ground. Africa needs these resources to develop, industrialize and electrify its economies, ensuring long-term and sustainable economic progress. Africa’s oil and gas resources give it a competitive edge and the roundtable will focus on how to invest, where to invest and why to invest in Africa. We look forward to hosting a lively discussion around business development in oil and gas,” stated NJ Ayuk, Executive Chairman of the AEC.

Join the AEC and other high-level stakeholders at the Business Development in Oil and Gas roundtable at the NIEC 2023 on Tuesday.

Distributed by APO Group on behalf of African Energy Chamber.

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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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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