Connect with us

Business

Afreximbank announces 71 Sponsors of Intra-African Trade Fair 2023

Published

on

Trade Fair

The roll call of IATF2023 sponsors includes four companies in the IATF Official Premier Partner category, two IATF Trade and Investment Partner, one IATF Country Day partner, and 38 IATF Official Partners, among others

CAIRO, Egypt, November 10, 2023/APO Group/ — 

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com), in collaboration with the African Union Commission (AUC) and the African Continental Free Trade Area (AfCFTA) Secretariat, has released an impressive list of 71 sponsors of the third Intra-African Trade Fair (IATF2023), Africa’s premier trade and investment event, taking place in Cairo from 9 to 15 November.

Positioned as the premier platform for business exchanges in Africa, IATF2023 is drawing on the broad range of programmes and initiatives being implemented by Afreximbank to facilitate intra-African trade and on the promise of the AfCFTA to revolutionise trade, reshape markets across the Africa, boost output in the manufacturing and service sectors and fundamentally transform Africa’s economic structure.

Prof. Benedict Oramah, President and Chairman of the Board of Directors of Afreximbank, said: “This Intra-African Trade Fair will open the African market to African businesses and will enable us to create investment opportunities and regional value chains beyond anything we have imagined. We are grateful to our sponsors for supporting us in achieving this objective.”

The roll call of IATF2023 sponsors includes four companies in the IATF Official Premier Partner category, two IATF Trade and Investment Partner, one IATF Country Day partner, and 38 IATF Official Partners, among others.

Four IATF Official Premier Partners

The Dangote Group is a Nigerian multinational industrial conglomerate, founded by Aliko Dangote. It is the largest conglomerate in West Africa and one of the largest on the African continent. The group employs more than 30,000 people, generating revenue in excess of US$4.1 billion in 2017. Dangote Group is a market leader in Sub-Saharan Africa in Cement Manufacturing, Sugar Milling, Sugar Refining, Flour Milling, Manufacturing of Pasta, Operation of Cement Terminals, Port Operations, Noodles Manufacturing, Packaging Material Production and Salt Refining. www.Dangote.com

Elsewedy Electric creates sustainable projects in energy and infrastructure that enable businesses, communities and regions to thrive. Listed on the Egypt stock exchange since 2006, the hallmarks of our approach are holistic, start-to-finish solutions and an unswerving commitment to excellence. www.ElsewedyElectric.com

Mota Engil is a multinational with activity centred on the construction and management of infrastructure segmented into the areas of engineering and construction (infrastructure, civil construction, other specialities), industrial engineering (mining services), the environment (collection, processing, recovery, waste-to-energy), Mota-Engil Capital (concessions, Mota-Engil ATIV, Mota-Engil Renewing), energy (generation, waste-to-energy, trading), concessions (bridges, highways), Mota-Engil Next (real estate, transformation and innovation). It operates in three continents and 22 countries. www.Mota-Engil.com

Oando Servco Nigeria Limited is part of Oando Plc which is one of Africa’s leading energy solutions providers with a proud heritage and a primary listing on the Nigeria Stock Exchange and a secondary listing on the Johannesburg Stock Exchange. The Oando Group comprises two companies which are leaders in their markets: Oando Energy Resources and Oando Trading. www.OandoPLC.com

Two IATF Trade and Investment Partner,

This Intra-African Trade Fair will open the African market to African businesses and will enable us to create investment opportunities

Atlantic Financial Group provides managed access to all international markets and investment opportunities with offices in Luxembourg, Paris, Geneva, Zurich, Abu Dhabi and Monaco. Its services include wealth management, financial research, structured products, mergers and acquisitions, private equity and real estate. www.Atlantic-Financial.net

Vista Group Holding SA is a financial services holding company focused on contributing to economic and financial inclusion in Africa. Vista Group Holding SA has entered in strategic partnerships with various global financial institutions to drive its growth strategy by focusing on MSME (SME banking, leasing, mesofinance, banking on women), trade and supply chain finance, bancassurance increasing profitability while controlling operating costs and mitigating risks. www.VistaBankGroup.com

IATF Country Day partner

ARISE Integrated Industrial Platforms (Arise IIP) identifies industrial gaps in African countries that unlock value and create new industries in key sectors by creating local transformation, maximizing production, efficiency and cost, which in turn generates local value addition. Tailor-made special economic zones in Gabon, Benin and Togo seek to boost exports, enable the local transformation of raw materials and promote trade. www.ARISEIIP.com

Other Sponsors

NNPC Limited, Union Bank, Access Bank, Orion Oil, African Development Bank, KK Kingdom Nigeria, Export Trading Group (ETG), Hassan Allam, SOMOIL (ETU Energies), International Islamic Trade Finance Corporation (ITFC), Trinity Energy Limited and Bono Energy. 

Others are Great Horn Investment Holdings, Sahara Group, Levene Energy, Development Limited, Guiter, SAMCO Egypt, Oakwood Green Capital Ltd., Fidelity Bank, Pacific Energy Company Limited, Plot Enterprise, UBA, Epe Tasdir Spa /, SAFEX (Algeria), RS Oil & Gas Co. Limited, `Oilserv Limited, Matrix Energy, Lotus Bank, COGEB International, JNPM COMÉRCIO GERAL E REPRESENTAÇÕES and Econet.

Also among the sponsors are Harvest Group of Companies, CORIS Bank International, Scanning Systems, Woodhall Capital, Dorman Long, PAC Holdings, HAVIT INC, Eyrie Energy Limited, UTM FLNG Ltd, NSIA BANQUE Côte d’Ivoire, DPA Industries, FDH Bank PLC, Azikel Group, Bank of Industry, Reserve Bank of Zimbabwe, Banque Misr and Afriland.

Others are Gemcorp, OPAIA GROUP, Liquid Tech Telecommunications (Jersey) Limited/Cassava,Technologies, Sterling Bank, African Energy Chamber, Alfa Services, Petrovision Energy Services, Bureau Veritas, SICOP Industries SA, RAWBANK, Blue, Horn Aviation, DOTT Services, Banque Populaire de Mauritanie, Exodus and and Company, FBC Bank and Samapeche.

IATF2023 is Africa’s largest trade and investment fair. It is projected to attract over 1,600 exhibitors and 35,000 visitors and buyers and to witness the conclusion of US$43 billion of trade and investment deals. It is a must attend event for everyone interested in trade and investments in and across Africa’s single market of 1.4 billion people which has been created by the AfCFTA and which has a combined Gross Domestic Product of over US$3.5 trillion. Attendees at IATF2023 will include buyers, sellers, importers, exporters, investors, manufacturers, captains of industry, senior government ministers, trade finance and advisory specialists, trade and economic organisations, senior executives from corporates and multinationals and innovative entrepreneurs from across Africa and beyond.

For more information about IATF2023 please visit www.IntrAfricanTradeFair.com 

Distributed by APO Group on behalf of Afreximbank.

Business

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

Published

on

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.

 

Continue Reading

Business

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

Published

on

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.

Continue Reading

Business

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

Published

on

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.

Continue Reading

Trending

Exit mobile version