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Africa Investment Forum Hosts First ‘Mission 300’ Day, Accelerating Push for Universal Electricity Access

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African Development Bank

The event highlighted countries’ National Energy Compacts showcased investment-ready opportunities, and galvanised action toward the shared goal of delivering electricity access to 300 million people across Africa by 2030

RABAT, Morocco, November 27, 2025/APO Group/ –The World Bank Group and the African Development Bank Group (https://www.AfDB.org), with support from The Rockefeller Foundation, the Global Energy Alliance for People and Planet, and Sustainable Energy for All (SEforALL), hosted the inaugural “Mission 300 Day” on the sidelines of the Africa Investment Forum (AIF) 2025 Market Days (http://apo-opa.co/4oeFycH) in Rabat, Morocco.

The event highlighted countries’ National Energy Compacts showcased investment-ready opportunities, and galvanised action toward the shared goal of delivering electricity access to 300 million people across Africa by 2030.

The special Mission 300 Day convened African government ministers, investors, and development financiers to spotlight national commitments, present implementation roadmaps, and discuss progress on regulatory reforms essential for unlocking private-sector investment. Furthermore, the event served as a platform to strengthen investor-government dialogue, champion African private-sector leadership, and facilitate knowledge transfer on best practices for achieving expanded electricity access.

Mission 300 (https://apo-opa.co/4psuZUp) is a World Bank Group and African Development Bank-led initiative that brings together African governments, the private sector, and development partners to provide electricity to an additional 300 million Africans by 2030. Twenty-nine African countries have already developed National Energy Compacts (http://apo-opa.co/3KqI8yz) with time-bound targets to increase access, strengthen utilities, and attract private capital.

During the Mission 300 Day, ministers from Comoros, Guinea, Gambia, and Lesotho presented implementation roadmaps with specific deadlines for achieving universal electricity access by 2030, engaging directly with private-sector leaders and development partners on the regulatory reforms needed to unlock investment.

Since its inception in 2018, the Africa Investment Forum has attracted more than $225 billion in investment interest across critical sectors aligned with the Sustainable Development Goals, the African Union’s Agenda 2063 (http://apo-opa.co/43MCVI0), and the African Development Bank’s Four Cardinal Points (http://apo-opa.co/3Mp6hpJ) vision.

Through Mission 300, we’re advancing an investor-ready energy transition for Africa

Erik Fernstrom, Regional Director for Infrastructure, East and Southern Africa, World Bank Group “Mission 300 is proving that Africa is open for business. With energy reforms underway, strong country leadership, and bankable projects ready to go, we’ve created real opportunities for private capital to scale solutions that will power Africa’s transformation. Energy access is not just a target—it’s about creating jobs, igniting economic growth, and giving millions the chance to build better lives.”    

Kevin Kariuki, Vice President for Power, Energy, Climate & Green Growth, African Development Bank Group

“Mission 300 will be underpinned by massive and speedy investments in generation, transmission, distribution, as well as last-mile connectivity infrastructure, which, when complemented by necessary reforms, will ensure affordability of tariffs, financial sustainability of utilities and energy sectors, and engender enhanced private-sector investments. At the African Development Bank, we are committed to de-risking investments, mobilising institutional capital, and ensuring that Mission 300 delivers not just electricity, but millions of jobs, vibrant industries, and dignified livelihoods for our people.”

Carol Koech, VP Africa, Global Energy Alliance for People and Planet

“Mission 300 requires innovation—we cannot build the grid of the future using the tools of the past. That’s why the Global Energy Alliance provides technical guidance, prepares bankable projects, and deploys catalytic capital to attract private investment. By breaking down siloes, we mobilise the blended finance needed to scale Distributed Renewable Energy (DRE) and other innovative solutions that reach underserved communities fast. The National Energy Compacts demonstrate African leadership in action, and we are proud to partner in delivering reliable, affordable, and clean energy to 300 million people by 2030.”

Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All:     

“Energy access is a powerful driver of development. Through Mission 300, we’re advancing an investor-ready energy transition for Africa. Sustainable Energy for All is working with partners to design innovative financing instruments that expand private sector participation in local-currency platforms, paving the way for a pan-African mechanism to unlock new capital for developers across the continent.”

 William Asiko, Senior Vice President for The Rockefeller Foundation

“Mission 300 represents one of the most ambitious energy and vital energy access endeavours of our time – and what we saw at AIF today confirms this momentum is real. Governments are leading; partners are strategically aligning; and a credible pipeline is emerging that can bring clean, reliable power to hundreds of millions of Africans. Philanthropy helps spark progress, but it is the collective strength of partnerships that will deliver the final results.”

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

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Gwede Mantashe Joins African Energy Week (AEW) 2026 as South Africa’s Petroleum Reforms Open the Orange Basin to Drilling

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African Energy Chamber

A new petroleum law and the prospect of fresh Orange Basin drilling is resetting South Africa’s upstream, and Minister Mantashe is taking the AEW host nation’s case to the global market

CAPE TOWN, South Africa, June 8, 2026/APO Group/ –Gwede Mantashe, Minister of Mineral and Petroleum Resources of the Republic of South Africa, has been confirmed as a featured speaker at the upcoming African Energy Week (AEW) 2026 Conference and Exhibition, where he is expected to lay out the reform agenda reshaping the country’s upstream oil and gas sector and its drive to convert long-stranded offshore gas into production.

 

South Africa is pursuing one of the most significant upstream overhauls in its history, anchored by a new law that gives oil and gas their own regulatory regime for the first time. The reforms position the host nation as both a destination for exploration capital and a future producer along an Atlantic margin that has drawn the world’s largest oil companies to the region.

At the center of the shift is the Upstream Petroleum Resources Development Act (UPRDA), which President Cyril Ramaphosa signed into law in October 2024. The Act separates petroleum from the mining statute that has long regulated both sectors. It also creates a single petroleum right covering exploration and production along with a 20% carried interest for the state. The UPRDA awaits a presidential proclamation to take effect, and implementing regulations that went through a further round of industry comment in early 2026 are now being finalized.

A clear petroleum framework and a credible state partner are what international capital needs to commit to the Orange Basin

Mantashe has emerged as the most forceful advocate for accelerating the sector. He has long-argued that South Africa must shift from importing refined products to producing its own, warning that dependence on foreign supply leaves the economy exposed to global price shocks. This shift becomes increasingly more importance in the current global climate, where supply security has become a major challenge – particularly for import-reliance economies such as South Africa. As such, Mantashe has repeatedly pressed for faster licensing and fewer legal delays to exploration. AEW 2026 is a key platform to bring this discussion to a global audience.

“South Africa has the geology for exploration. Now it is building the regulatory certainty it needs to turn discoveries into bankable projects,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “A clear petroleum framework and a credible state partner are what international capital needs to commit to the Orange Basin.”

Offshore, TotalEnergies – operator of Block 3B/4B in the Orange Basin – is preparing to begin drilling in South African waters in 2026 pending final regulatory approvals. The acreage sits on trend with the Venus discovery in neighboring Namibia, where TotalEnergies is developing the basin’s first oil project.

Onshore, momentum is building in Mpumalanga, where gas developer Kinetiko Energy’s Amersfoort project has logged sustained high-flow results and is advancing plans for an LNG pilot plant. Mantashe has also signaled that government is moving to lift the long-standing moratorium on shale gas development, with the Petroleum Agency of South Africa (PASA) estimating recoverable Karoo reserves at 209 tcf.

Mantashe is also expected to report on successes of the South African National Petroleum Company (SANPC), the state entity formed in May 2025 through the merger of PetroSA, iGas and the Strategic Fuel Fund. Positioned as the country’s petroleum champion, SANPC is intended to anchor state participation across the value chain as South Africa works toward 6 GW of gas-fired power by 2030.

As AEW 2026 prepares to convene policymakers, investors and operators at the Cape Town International Convention Centre from October 12-16, Mantashe’s address carries added weight as the host nation’s signal to the market. His message is expected to be direct: South Africa is open for upstream investment and ready to move from potential to production.

Distributed by APO Group on behalf of African Energy Chamber.

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Mining Review Africa expands coverage to include global mining news

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vukagroup

The expanded editorial scope aligns with Vuka Group’s commitment to delivering timely, relevant and insightful content that supports informed decision-making across the mining value chain

CAPE TOWN, South Africa, June 8, 2026/APO Group/ –Vuka Group’s Mining Review Africa (https://WeAreVUKA.com), a leading source of mining industry news and insights, is expanding its editorial coverage to include major mining developments from around the world.

 

While Mining Review Africa remains firmly committed to reporting on the opportunities, challenges and successes shaping Africa’s mining sector, readers will now also benefit from coverage of international projects, investments, technologies, commodity markets and policy developments influencing the global mining industry.

The move reflects the increasingly interconnected nature of the mining sector, where developments in one region can have significant implications for investment decisions, supply chains, commodity markets, and mining operations worldwide.

Expanding our coverage enables us to deliver a more comprehensive view of the mining industry while maintaining our strong focus on Africa

“As the mining industry continues to evolve on a global scale, our readers are seeking greater context around international developments that impact Africa and the wider resources sector,” said Mining Review Africa Editor-in-Chief, Gerard Peter.

“Expanding our coverage enables us to deliver a more comprehensive view of the mining industry while maintaining our strong focus on Africa.”

Readers can expect enhanced reporting on major mining projects, mergers and acquisitions, sustainability initiatives, technological innovation, critical minerals, energy transition developments and regulatory changes from key mining jurisdictions worldwide.

The expanded editorial scope aligns with Vuka Group’s commitment to delivering timely, relevant and insightful content that supports informed decision-making across the mining value chain.

Mining Review Africa has established itself as a trusted voice within the African mining industry, providing news, analysis and thought leadership for mining professionals, investors, suppliers and policymakers. By broadening its coverage, the publication aims to give readers a deeper understanding of the global forces shaping the future of mining, while continuing to place African mining stories at the centre of its reporting.

For readers, this means access to a wider range of industry intelligence, bringing together African mining news and key international developments on a single trusted platform.

Distributed by APO Group on behalf of VUKA Group.

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Energy

Libya Energy & Economic Summit (LEES) 2027 to Define Libya’s Next Phase of Energy Expansion in Tripoli

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Etu Energias

Returning for its fifth edition, LEES 2027 will advance Libya’s $18 billion energy pipeline, targeting 1.6–2 million bpd, gas megaprojects and renewables

TRIPOLI, Libya, June 4, 2026/APO Group/ –The fifth edition of the Libya Energy & Economic Summit (LEES) 2027 returns to Tripoli on January 23–25. Positioned as Libya’s landmark energy event, LEES serves as the country’s premier international platform for investment, technical collaboration and private sector engagement across oil, gas, power and renewables.

 

LEES 2027 builds directly on the outcomes of LEES 2026, which marked Libya’s shift from post-recovery stabilization to execution-led development. The 2026 edition established an estimated $18 billion pipeline of energy and infrastructure projects and repositioned the sector from ambition to delivery, setting the foundation for the 2027 summit’s execution-focused agenda.

 

A central focus for 2027 is upstream acceleration. The National Oil Corporation’s (NOC) 2026 licensing round introduced 22 on- and offshore exploration blocks, the country’s first in 17 years, alongside a mandate to drill 70 to 100 new wells annually. With support from the Ministry of Oil & Gas, LEES 2027 will evaluate initial seismic results, contract awards and the transition from exploration rights into operational development phases.

Production expansion remains a core investment theme. Libya’s output stabilized at approximately 1.4 million barrels per day (bpd) in 2026, with LEES 2027 targeting pathways toward 1.6 million bpd in the near term and a long-term ambition of 2 million bpd. The summit – endorsed directly by the NOC – will focus on infrastructure bottlenecks, field optimization and midstream capacity required to support higher output levels.

 

Gas monetization and large-scale infrastructure development will also feature prominently. Eni’s $8 billion offshore Structures A&E project remains on track for completion by late 2027, while discussions around Chevron-linked shale studies highlight potential resources estimated at 123 trillion cubic feet of gas and 18 billion barrels of oil across key basins, including Sirte, Murzuq and Ghadames.

Moving from licensing and planning into large-scale execution and infrastructure delivery, LEES 2027 is a focal point for this critical transformation in Libya’s energy sector

 

The sector aims to attract an estimated $3–4 billion in annual drilling investment following unified drilling regulations announced in 2026. LEES 2027 will assess early implementation outcomes, including operational safety, fiscal predictability and contract execution efficiency across upstream assets.

 

Meanwhile, Libya’s 4 GW solar roadmap is advancing, anchored by TotalEnergies’ 500 MW Sadada solar project. Supported by the Renewable Energy Authority of Libya as an institutional partner, LEES 2027 is expected to focus on financial close milestones, construction timelines and the scaling of independent power purchase structures within the national grid strategy.

 

Human capital development will also remain a strategic pillar at next year’s event, with the Energy JEEL initiative having trained more than 900 youth participants aged 15–35 in engineering, digital systems and energy operations, forming a national talent pipeline aligned with Libya’s long-term energy transition and industrial expansion goals.

Against this backdrop, LEES 2027 – which takes place at the Tripoli International Convention Center – will serve as the sector’s execution benchmark, converting licensing frameworks, infrastructure commitments and production targets into operational outcomes across hydrocarbons, power generation and next-generation energy systems.

 

“Moving from licensing and planning into large-scale execution and infrastructure delivery, LEES 2027 is a focal point for this critical transformation in Libya’s energy sector,” says James Chester, CEO of LEES 2027 organizer Energy Capital & Power. “It will be a defining platform where investment commitments from 2026 are translated into measurable production, capacity expansion and long-term energy security outcomes.”

 

Join industry leaders at the Libya Energy & Economic Summit 2027 in Tripoli and explore investment opportunities in one of Africa’s most dynamic energy markets. LEES 2027 offers a premier platform for partnerships, innovation and sector growth. Visit www.LibyaSummit.com to secure your participation. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com

Distributed by APO Group on behalf of Energy Capital & Power.

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