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Africa Energy Partners Joins African Energy Week (AEW) 2024 as Partner Amid Surge in African Block Opportunities

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African Energy Week

Taking place November 4-8 in Cape Town, the conference will showcase available acreage and block opportunities in Africa’s oil and gas industry

CAPE TOWN, South Africa, July 11, 2024/APO Group/ — 

Africa’s upstream market continues to attract a slate of new investment as companies capitalize on emerging block opportunities across the continent. Play-opening discoveries in emerging markets and new finds in mature basins showcase the level of prospectivity across the continent’s oil and gas industry and a strong line up of licensing rounds expected in the coming months promise to connect potential investors with African blocks.

Committed to supporting the promotion, marketing and delivery of African oil and gas licensing rounds, international consultancy firm Africa Energy Partners (AEP) has partnered with the African Energy Week (AEW): Invest in African Energy conference – scheduled for November 4-8 in Cape Town. As a partner, AEP will bring its extensive network and expertise to the event, facilitating crucial discussions on licensing rounds and block negotiations. 

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event.

Africa offers a wealth of undeveloped acreage across both offshore and onshore markets

To attract a broader range of companies to invest in oil and gas exploration, various African countries are expected to launch or conclude hydrocarbon tenders in 2024/2025, all of which aim to maximize output in producing markets or create viable industries in burgeoning oil and gas plays. Nigeria launched an oil licensing round in April 2024, with 12 offshore blocks available. The round aims to incentivize investment in deepwater acreage. Sierra Leone plans to launch its next licensing round in 2024 on the back of the success of its latest and fifth round – which featured 56 blocks and concluded last September. Additionally, Tanzania is expected to launch its fifth oil and gas licensing round shortly, with licenses set to be awarded by December 2024. Up to 26 blocks have initially been allocated for tender. Following its 2023 tender – which concluded in January 2024 and secured 53 bids – Angola is planning to launch a 2025 licensing round in Q1 of next year, featuring ten blocks in the Kwanza and Benguela basins.

With over thirty years of experience in the African oil and energy sectors, AEP collaborates closely with African ministries, NOCs, regulators, IOCs and technology firms to drive successful upstream tenders. AEP engaged in the Liberia Direct Negotiations 2021–2023, participating in discussions with the government of Liberia, the state-owned National Oil Company of Liberia and Liberia Petroleum Regulatory Authority and service company TGS. This resulted in energy major ExxonMobil submitting an Expression of Interest. Additionally, the successful conclusion of the Lake Albert Blocks in the Democratic Republic of the Congo (DRC) Bid Round was recently supported by AEP. As evidence of the growing awareness of the DRC’s energy potential and AEP’s capacity to draw in foreign investors to support the nation’s oil and gas development, the country received an Expression of Interest from an ASX-listed oil and gas company – yet to be announced.

Meanwhile, the firm also supported Sierra Leone’s fifth offshore licensing round – which was launched in 2022 and extended into 2023 due to high levels of interest. The company partnered with the Petroleum Directorate of Sierra Leone (PDSL) to promote the round, which aimed to connect companies with undeveloped acreage in the country which resulted in F.A. Oil licensing 6 highly prospective blocks. AEP are currently working with the Directorate on the direct negotiations which will close on the 27th of September. Last month, geological service firm GeoPartners, in partnership with PDSL, introduced a legacy 2D seismic dataset that was shot by Amaco to the market in hopes of further attracting investments offshore Sierra Leone.

“Africa offers a wealth of undeveloped acreage across both offshore and onshore markets. Upcoming licensing rounds in both producing and emerging markets promise to not only unlock new resources for the continent but generate high returns for investors given rising global demand and industrialization efforts in Africa. Companies such as AEP provide critical support for successful licensing rounds,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

“With African governments keen to attract rapid investment into their open acreage we have utilized our network of 1000’s of up-to-date C-level decision makers to swiftly evaluate opportunities and it has worked very well in Sierra Leone, Liberia & the DRC. With good fiscal terms backed up with firm G&G prospectivity, the messaging needs to be promoted far and wide and this is what we do for our clients. If you couple this with face-to-face meetings at Africa Energy Week to accelerate the process results in a win-win for governments & investors. Last year’s AEW was superb with an outstanding mix O&G executives from around the globe and I know that this year’s event will be even better” said Matt Hewitson, Managing Parter of Africa Energy Partners.

As a partner to AEW: Invest in African Energy 2024, AEP will bring its extensive network and expertise to the event, facilitating key discussions and collaborations. The firm’s contributions will include providing insights into the latest industry trends and promoting investment opportunities across the African energy sector.

Distributed by APO Group on behalf of African Energy Chamber.

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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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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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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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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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