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African Countries Must Oppose Measures at COP27 that Prevents Africa from Making Full Use of its Fossil Fuels (By NJ Ayuk)

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COP27

The world’s wealthy nations’ green agenda ignores Africa – or at least, it dismisses our unique needs, priorities and challenges

JOHANNESBURG, South Africa, November 4, 2022/APO Group/ — 

By NJ Ayuk, Chairman of African Energy Chamber (http://www.EnergyChamber.org).

I am going to COP27 because I believe if Africa is not on the table it will be on the menu. Let me be clear, those of us who are advocating for African countries to continue using their oil and gas resources are not “ignoring” the world’s green agenda – we’re simply not willing to embrace the world’s timetable for transitioning to renewable fuels at the expense of our own energy security and economic well-being.

The way we see it, the world’s wealthy nations’ green agenda ignores Africa – or at least, it dismisses our unique needs, priorities and challenges.

The green agenda of developed nations further ignores the tremendous role that Africa’s oil and gas industry plays in generating African countries’ revenue. Oil revenues represent at least 20% of GDP in Libya, Algeria, Gabon, Chad, Angola, and The Republic of Congo. In Nigeria, one Africa’s main oil producers, oil represents a more modest percentage of real GDP – about 6% – however, oil and gas account for 95% of foreign exchange income and 80% of government revenues.

The green agenda of wealthy nations ignores those of us who point out that natural gas has the potential to bring life-changing prosperity to the continent in the form of jobs, business opportunities, capacity building and monetization. It ignores the sustainable, logical path we’re proposing, which is  using our resources, natural gas in particular, to help us meet current needs and to generate revenue that can help pay for our transition to renewables.

The wealthy nations’ green agenda does not consider how much Africa needs natural gas to bring electricity to the growing number of Africans living without it. They do not understand that we, as Africans, are focused on growing Africa’s energy mix to include fossil fuels and renewables, instead of insisting on an all or nothing approach to our energy transition.

Around 600 million Africans lacked access to electricity before the pandemic; and it appears that this figure is growing. According to the International Energy Agency, during 2020 some gains in access were reversed, with as many as 30 million people who previously had access to electricity no longer able to afford it. 

Considering that universal access to affordable, reliable electricity is one of the UN’s sustainable development goals – meaning it’s a basic human right – the huge and growing number of Africans without electricity is morally wrong, and it cannot be ignored.

Unfortunately, climate panic and fear mongering are alive and well, and for some reason, Africa is public enemy number one. A continent that emits a negligible amount of carbon dioxide, at most, 3% of the world’s total, is being disproportionately pegged as a threat to the planet by developed nations.

In particular, the West is vilifying Africa’s energy industry because it is based on fossil fuels, even though the proportion of renewables is growing.  There’s no question that much of this anti-African oil and gas sentiment is based in fear of climate change, which is Interwoven with the sheer terror that a fossil fuel boom in Africa could be devastating to the world at large.

Africa is vulnerable to climate change.

There’s no denying that climate change is affecting Africa. One has only to look at the extended drought in the south to see how devastating things can be when customary weather patterns are disrupted.

The thing is, Africa is being affected by a crisis NOT OF ITS OWN MAKING. If contributing just 3% of global emissions could cause issues like what we’re seeing in Somalia, for example, the world’s nations that produce far more greenhouse gases should be dried up, under water, blown away, or burned to a crisp by now.

Consider this: Prominent American climate activist Bill McKibben said that the world can’t fight climate change if Total Energies and Uganda goes through with building the East African Crude Oil Pipeline. Yes, according to McKibben, that one action will derail the entire carbon reduction scheme and offset anything any of the world’s other countries are doing to reach net zero. Seems ridiculous, doesn’t it?

What’s even more perplexing—or perhaps outlandish—is that McKibben has taken aim at a pipeline that will transport just 210,000 barrels of oil per day. That’s roughly equivalent to 1.8% of the total output of the U.S., but he claims it must be stopped, or everything falls apart. What’s the point of any climate effort anywhere if it can be undone by a relatively small pipeline that might actually be a lifeline in one of the world’s most impoverished nations?

But let’s define what truly constitutes a boom in Africa. 

Energy use on the continent is still very low. So low, in fact, that researchers writing in Foreign Policy magazine estimate that if the one billion people living in sub-Saharan Africa tripled electricity using natural gas, the additional emissions would equal just 0.62% of global carbon dioxide.

Energy use on the continent is so low that the average African consumes less electricity per year than an entire American family’s refrigerator.

At the same time, authors Todd Moss and Vijaya Ramachandran, from the Energy for Growth Hub, say the world is greatly overestimating how much natural gas Africa will generate between now and 2030. They cite a study in Nature Energy that claims the forecast for new gas generation in West Africa is five times the region’s new gas potential. Obviously, there’s some mathematical mismatch in the study. 

We have to ask ourselves: Will fossil fuel development in Africa signal an end to all of the world’s good intentions and net zero ambitions?  Or is this an example of ‘green colonialism?’

I find it interesting that a Financial Times’ public poll, on the day it announced I was going to have an Oxford style debate on this issue, suggested that people are not at all convinced that African countries should abandon oil and gas – 70% of the 619 respondents took my position that Africa should make full use of its fossil fuels.

Energy use on the continent is so low that the average African consumes less electricity per year than an entire American family’s refrigerator

How can we build a successful African energy movement?

I believe the ultimate responsibility for getting there is ours and no one else’s. Yes, we need partners to walk alongside us, but the success of our energy movement rests on African shoulders. To begin with, I am happy to see African energy stakeholders speaking with  a unified voice about African energy industry goals thanks to African Energy Week. Africa Oil Week did everything to divide our voices and we stood firm and brought the Africa upstream, midstream and downstream together and we signed deals at African Energy Week.

This will be particularly important as we go into COP27 in Egypt. It is imperative that African leaders present a unified voice and strategy for African energy transitions. We must make Africa’s unique needs and circumstances clear and explain the critical role that oil and gas will play in helping Africa achieve net-zero emissions in coming decades.

Western Support to Africa

But, I would love to see Western governments, businesses, financial institutions, and organizations support our efforts.

How? They can avoid demonizing the oil and gas industry. We see it constantly, in the media, in policy and investment decisions, and in calls for Africa to leave our fossil fuels in the ground. We see it with lawsuits to stop financing of Mozambique LNG or lawsuits to prevent Shell from even carrying out a seismic survey. Actions like these, even as Western leaders have pushed OPEC to produce oil, are not fair, and they’re not helpful. Even as western countries are pushing to increase their own production and escalating coal use.

I also would respectfully ask financial institutions to resume financing for African oil and gas projects and stop attempting to block projects like the East African Crude Oil pipeline or Mozambique’s LNG projects.

Africa is already suffering.

The 600 million-plus Africans without electricity are suffering. The 890 million Africans without a means of clean cooking are suffering.

I would argue that if we want to protect Africans from harm and misery, we must embrace our natural gas resources.

Natural gas has a lower environmental impact than other fossil fuels. According to the U.S. Energy Information Administration (EIA), switching thermal power plants from coal to gas was the main reason why the U.S. power-generating sector saw carbon dioxide emissions sink by 32% between 2005 and 2019.

What’s more, natural gas is indispensable in multiple ways. It is part of modern development, used for clean cooking, process heat, transportation, and as a feedstock for fertilizers.

We can’t overlook how important fertilizers are, considering the millions and millions of people who are food insecure across the globe or “teetering on the edge of famine,” as the UN World Food Program puts it.

The rise in food insecurity is often attributed to conflict, and the battles between Russia and Ukraine prove that point. Since the conflict began between the two large producers of wheat and grain, global food prices have skyrocketed. Considering how Russia has shut down natural gas exports, it’s no surprise that fuel and fertilizer prices have also shot up.

In fact, the increase in fertilizer costs is having as much of an effect on food prices as the conflict in Ukraine. When farmers can’t afford fertilizer (which is more often the case in poor countries than rich ones), crop yield diminishes, food prices skyrocket, and more people are left hungry. Right now, the U.N. Global Crisis Response Group says, more than 60 countries are now struggling to afford food imports. It should come as no surprise that many of them are in Africa.

Using African natural gas to fill the fertilizer feedstock gap will go a long way in mitigating those problems and putting food on the table worldwide. If Africa is allowed to develop its resources, there will be plenty of natural gas to go around.

Natural gas helps the world meet its climate targets faster and can help solve the world’s hunger crisis.

And they’re not alone.

Think about Europe, which is scrambling to line up enough oil, gas, and coal for the winter— and are looking to Africa for supplies – or consider the results of a 2022 Pew Research Survey of 10,237 U.S. adults about America’s energy transition. Only 31% believed that the U.S. should phase out oil, gas, and coal completely, while 67% called for cultivating a mix of fossil fuels and renewable energy sources.

So my question is, why should we in Africa give up our fossil fuels – fuels that represent solutions to some of our most pressing needs – when so many others question the wisdom of doing the same?

We shouldn’t. And we shouldn’t be forced to.

Distributed by APO Group on behalf of African Energy Chamber.

Business

SLB commissions new fluids systems plant in Pemba to support Mozambique’s offshore energy development

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Mozambique

New facility expands in-country drilling and completion fluids capability, advancing the next phase of SLB’s growth in Mozambique

PEMBA, Mozambique, October 9, 2026/APO Group/ –SLB (NYSE: SLB) (www.SLB.com) announced the opening of a new fluids systems plant in Pemba, Mozambique. The new facility strengthens in-country capacity to prepare, store and deliver drilling and completion fluids for offshore operations, reinforcing the infrastructure needed as Mozambique’s offshore activity grows and its role as a strategic energy hub for East Africa continues to expand.

The commissioning of the plant, also known as a liquid mud plant, coincides with SLB marking 70 years of operations in Mozambique. It reflects the company’s long-term commitment to investing in people, infrastructure and capability that support the country’s long-term offshore energy development plans.

 




  

With an initial storage capacity of 21,000 barrels, the liquid mud plant provides a scalable platform for future growth, supporting multiple customers and rising offshore activity while improving logistics and enhancing operational flexibility.

As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions

“As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions,” said Miguel Baptista, Central, East and Southern Africa, Managing Director, SLB. The new liquid mud plant strengthens local energy infrastructure, expands opportunities for local content development, and enhances our ability to support customers as they deliver some of Africa’s most significant offshore energy resources.”

The liquid mud plant project was delivered with strong local participation and that momentum is expected to continue into operations. During project delivery, more than 100 jobs were created in Pemba with nationals representing 80% of the workforce, reflecting a focus on building local capability.

The project was delivered with a strong focus on safety, operational integrity, and quality, achieving more than 67,000 hours worked without a recordable safety incident.

This key infrastructure strengthens SLB’s ability to support consistent service quality and enhance supply chain readiness for increasing offshore activity across Mozambique, supporting customers execute safely and efficiently while developing local skills and expertise.

Key Points:

  • SLB has commissioned a new fluids system plant in Pemba, expanding in-country drilling and completion fluids capability for offshore operations.
  • With an initial storage capacity of 21,000 barrels, the facility provides a scalable platform to support growing offshore activity in Mozambique.
  • The investment marks the next phase of SLB’s growth in Mozambique, strengthening local capability and supporting long-term offshore energy development.

Distributed by APO Group on behalf of SLB.

 

 




 

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South African Energy Storage Association (SAESA) welcomes 4,600 MW battery storage prioritisation and calls for integrated energy planning

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Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply

JOHANNESBURG, South Africa, October 9, 2026/APO Group/ –The South African Energy Storage Association (SAESA) (www.SAESA.org.za) welcomes the prioritisation of 4,600 MW of battery energy storage under the first Integrated Resource Plan (IRP) 2025 Section 34 determination.

 




  

The timing is significant. Recent Integrated Energy Plan (IEP) modelling and assumptions discussions highlighted a fundamental shift that South Africa’s energy planning now needs to capture: we cannot plan the future power system by counting megawatts of generation alone.

We must plan for when energy is available, where it is available, how it moves through a constrained grid and how it is stored and dispatched when the system needs it most.

The announcement reinforces that shift. Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply.

For SAESA, the message for the IEP is clear: storage, flexibility and system services must be modelled as integral components of South Africa’s future electricity architecture, with their contribution considered from the outset of generation planning.

“The IEP must plan the power system we are becoming, not simply model the power system we have inherited,” says SAESA.

The IEP must plan the power system we are becoming, not simply model the power system we have inherited

Partnership with C&I Energy + Storage Summit

SAESA is an association partner of the C&I Energy + Storage Summit, created by VUKA Group, taking place on 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

The summit brings together commercial and industrial energy users, project developers, financiers, regulators and solution providers to explore practical approaches to energy security, procurement and storage deployment.

For businesses assessing how storage can support their operations, the event offers an opportunity to meet SAESA and engage with the wider energy community on the decisions shaping South Africa’s evolving electricity system.

Commercial and industrial energy decision-makers are invited to apply to attend as hosted buyers. Qualifying buyers receive complimentary summit access and curated opportunities to engage with industry partners.

 

Meet SAESA at C&I Energy + Storage Summit: Join the Hosted Buyer Programme

The Hosted Buyer Programme connects commercial and industrial energy decision-makers with solution providers shaping South Africa’s evolving private energy market.

Qualified energy buyers receive complimentary access to the summit and curated engagement with industry partners exploring energy procurement, storage deployment and project development.

Apply for the Hosted Buyer Programme (https://apo-opa.co/4ehLijJ)

Distributed by APO Group on behalf of VUKA Group.

 




 

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Afreximbank welcomes launch of Africa Credit Rating Agency as an important step in strengthening Africa’s financial architecture

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Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets

PORT LOUIS, Mauritius, October 8, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding the continent’s capacity to generate credible, independent analysis of African credit risk.

 




 
 

Credit ratings play an important role in determining access to capital, influencing investor perceptions and shaping the cost at which governments, institutions and businesses can finance development. It is therefore essential that assessments of African credit risk are independent, rigorous and evidence-based, while reflecting a complete understanding of the structures, institutions and economic realities being assessed.

The establishment of AfCRA adds an important African-led source of credit opinion to the market. Its value will not be measured by whether it produces more favourable ratings, but by the credibility of its analysis, the quality of its data and transparency of its methodology, and its ability to deepen understanding of African sovereigns, sub-sovereigns and corporate credit.

This is particularly important given that many African issuers remain unrated, while local-currency and sub-sovereign markets continue to have limited rating coverage. Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets.

AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans

Alongside fellow members of the Alliance of African Multilateral Financial Institutions (AAMFI), Afreximbank has consistently maintained that African Multilateral Financial Institutions should be assessed on the basis of their fundamentals, performance, legal frameworks, mandates and operating models. Ensuring that these institutional characteristics are properly understood is essential to achieving informed, balanced and credible assessments of African risk.

Commenting on the uniqueness of the African market, and need for AfCRA’s rating methodology to reflect this, Mr Denys Denya, Senior Executive Vice President, Afreximbank, said: “The rating methodology AfCRA develops must recognise the uniqueness of our environment and its institutional structures. The Agency must set its own standards and not follow those set elsewhere — it must build a unique identity that conforms to an ‘African best practice.”

Highlighting the need for the autonomy of the Africa Credit Rating agency as it takes off, Mr Denya added: “Most importantly, AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans. We must all use it, and in return expect a complete assessment of where we (Africa) stand: the strengths the market has ignored, and the weaknesses we still need to fix.”

AfCRA should therefore be seen as complementary to existing international and regional rating agencies, broadening the range of credible analysis available to investors and issuers while strengthening competition, transparency and analytical capacity within Africa’s credit markets.

As Africa seeks to mobilise the scale of capital required for industrialisation, trade, infrastructure and economic transformation, credible African institutions that improve information, strengthen market confidence and deepen the continent’s financial markets will become increasingly important.

Afreximbank congratulates the African Union, the African Peer Review Mechanism (APRM) and all those involved in bringing AfCRA from concept to launch, and looks forward to the contribution the Agency will make to deeper, more transparent and more efficient African capital markets.

Distributed by APO Group on behalf of Afreximbank.

 




 

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