Connect with us
Anglostratits

Business

African Development Bank at the 10th World Water Forum: showcasing commitment to facilitating access to water and sanitation resources in Africa

Published

on

World Water Forum

Bank and African Water Facility delegation to co-host and participate in more than a dozen forum events in Bali, Indonesia

ABIDJAN, Ivory Coast, May 22, 2024/APO Group/ — 

The African Development Bank Group (www.AfDB.org) will highlight the importance of preparation, financing and coordination for water, sanitation and hygiene initiatives across Africa at the 10th World Water Forum in Bali, Indonesia. The Bank and the African Water Facility’s delegations to the world’s largest international gathering of water sector partners will share insights, strategies and stories of sustainable development successes from the continent.

The World Water Forum, held every three years since 1997, draws thousands of participants from politics, academia, multilateral institutions, civil society, and the private sector to discuss water-related issues. This year’s Forum is co-organized by the World Water Council and the Republic of Indonesia, under the theme, “Water for Shared Prosperity.”

“The African Development Bank is committed to contributing to sustainable economic growth and progress in Africa. Our participation at this forum adds to the Bank’s ongoing efforts towards a prosperous Africa where everyone has access to essential resources such as water and sanitation,” said African Water Facility Coordinator Mtchera Chirwa, who will represent the Bank Group’s president, Dr Akinwunmi Adesina at the forum.

“I am delighted to lead this delegation to share strategies from the Bank’s work, strengthen collaboration, and forge new partnerships to accelerate progress in Africa’s water sector,” he said.

The delegation from the Bank will join a high-level meeting of the G20 Bali Global Blended Finance Alliance, where the Indonesian government and partners will launch the Alliance Secretariat and hold a roundtable discussion on Global South collaboration.

Our participation at this forum adds to the Bank’s ongoing efforts towards a prosperous Africa where everyone has access to essential resources such as water and sanitation

The Bank will host and speak at more than a dozen Forum sessions, including an event on Tuesday 21 May presenting the African Water Facility’s Africa Urban Sanitation Investment initiative – a new financing window dedicated to improving sanitation in Africa’s urban areas. Debjyoty Mukherjee, Principal Public-Private Partnership Finance expert at the African Water Facility, will lead the discussion.

On Wednesday, 22 May, Chirwa will moderate a session on “Innovative Financing and Resource Mobilization for Climate-resilient Water and Sanitation Investments”. This event will focus on the importance of project preparation and coordination for water, sanitation and hygiene initiatives across Africa, backed by innovative financing solutions. He will also speak at the closing ceremony of the Basin Segment Day, in the “Roundtable of Basin Champions” on Wednesday.

In addition, members of the Bank delegation will speak or moderate during the following sessions:

  • “Roundtable of multilateral development banks” – Monday, 20 May.
  • “From incubation to financing: developing projects of climate change adaptation in basins of lakes, rivers and aquifers” high-level event – Monday, 20 May
  •  “High-level Panel on “Non-Conventional Water Resources and Associated Renewable Energies” – Tuesday, 21 May
  •  “Benefits from Transboundary Water Cooperation in the Nile Basin” – Wednesday, 22 May
  • the Bank’s water and sanitation investment areas and Bank projects such as the Kigali Bulk Water Supply System (https://apo-opa.co/3wLcCEF) – Wednesday, 22 May
  •  “The African Water Facility”, Africa’s project preparation facility for the development of climate-resilient water and sanitation investments – Thursday, 23 May
  •  “The African Development Bank and the Private Sector” – Friday, 24 May

The Bank’s delegation will meet with donors and business leaders to discuss partnerships and funding to meet Africa’s growing need for better water and sanitation services. The Bank is also co-hosting the Africa Pavilion alongside the African Union Commission, African Ministers’ Council on Water, and the African Water Facility. This collaboration aims to present a unified narrative and share knowledge from Africa’s water sector to enrich the global dialogue at the forum.

For more information on the African Development Bank’s activities at the 10th World Water Forum and to engage with the discussions, visit www.AfDB.org. Follow the conversation on social media with the hashtags #WorldWaterForum10, #AfDB, and #Bali2024.

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

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

Etu Energias

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

Energy

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