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Advancing Energy Investment: Africa Finance Corporation joins African Energy Week (AEW) 2023 as Bronze Sponsor

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African Energy Week

Pan-African multilateral development financial institution the Africa Finance Corporation has joined the African Energy Week 2023 conference as a Bronze Sponsor

JOHANNESBURG, South Africa, September 28, 2023/APO Group/ — 

While Africa’s vast hydrocarbon resources present an opportunity for the continent to drive socioeconomic development while also providing a sound solution to address global energy challenges, inadequate investment within the energy value chain continues to restrain the maximization of resources. In this regard, African financial institutions such as the Africa Finance Corporation (AFC) will be key for boosting oil and gas exploration and production, infrastructure development and monetization, as well as achieving the continent’s sustainable development goals.

The Pan-African multilateral development financial institution has joined the 2023 edition of the African Energy Week (AEW) conference as a Bronze Sponsor. Serving as Africa’s premier event for the oil and gas sector, AEW 2023 will take place from 16-20 October in Cape Town. As one of the key drivers of private sector-led infrastructure investment across Africa, the participation of the AFC as a Bronze Sponsor at this year’s event will be crucial for shaping critical discussions around investment trends across Africa’s energy sector.

Addressing the growing investment gap while showcasing the best financial solutions for the continent will actively advance Africa’s energy sectors, with the AFC poised to provide pragmatic solutions to infrastructure deficits and challenging operating environments in the region. Leveraging Africa’s immense resources – estimated at 125.3 billion barrels of crude oil and 620 trillion cubic feet of gas as well as sizeable mineral and renewable resources – serves as the only way for the continent to make energy poverty history by 2030.

Having disbursed an estimated $35 billion in funding for projects rolled out across 35 countries while facilitating the addition of 2 GW of power generation capacity in Africa, the AFC remains a reliable partner for future energy developments throughout the continent. The AFC recently played an important role in the development of a landmark wind farm in Djibouti, which is poised to contribute directly to the East African country’s ambition of becoming the first African nation to rely entirely on renewable sources for electricity by 2035. Furthermore, an additional 45 MW of renewable energy in Djibouti has already been planned by a consortium of investors, which will be led by the AFC.

The AFC’s participation as a Bronze Sponsors speaks to the caliber of the event as the premier meeting place for Africa’s energy sector

Meanwhile, the AFC has partnered with innovative financial solutions producer CPF Financial Services to jointly target infrastructure investment in Kenya. Through the partnership, the AFC and CPF Financial Services will collaborate in identifying, developing, and co-financing infrastructure projects directly aligned with the country’s development roadmap. The institution has also played a key role in the development of Uganda’s downstream sector, investing $95 million to finance petroleum storage tanks, truck loading bays, a jetty, a 50-truck-capacity parking lot, and two self-propelled barges for operation on Lake Victoria, providing a more efficient and sustainable alternative to previous transportation methods for the extractives sector in the East African country.

The AFC has also partnered with the Government of Senegal to fund the development of the country’s landmark Sangomar oil field. Through the partnership, the AFC will invest $53.5 million to help Senegal’s emerging oil and gas industry, thus improving energy access and security to its population. On the green energy front, the institution has been instrumental in shaping Africa’s approach to a just and inclusive transition, supporting the continent’s contribution to combatting climate change through the localization of production, minimizing emissions, redeveloping infrastructure, and supporting reforestation and renewable energy development.

“The AFC has been instrumental in ensuring that African projects are led by the African people and making sure that the energy transition is implemented on African-led terms. Organizations such as the AFC continue to be instrumental in financing energy projects here in Africa and leads the way in eradicating energy poverty on the continent,” states NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC).

The AFC’s participation as a Bronze Sponsors speaks to the caliber of the event as the premier meeting place for Africa’s energy sector. The institution’s engagement in panels and contributions to dialogue will lay the foundation for new deals to be signed.

Distributed by APO Group on behalf of African Energy Chamber.

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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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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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