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African Energy Awards to Honor Trailblazers Fast Tracking Africa’s Energy Sector at African Energy Week 2023

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African Energy Week

African Energy Week 2023 Calls for Nominations for African Energy Week Awards Celebrating Industry Pioneers Fast-Tracking the African Oil and Gas Sector

JOHANNESBURG, South Africa, June 21, 2023/APO Group/ — 

The African Energy Chamber (AEC) (http://www.EnergyChamber.org) is delighted to announce the opening of nominations for the highly anticipated annual African Energy Week (AEW) Awards 2023. The prestigious awards ceremony aims to recognize and celebrate the remarkable achievements and pioneering efforts of leading professionals and organizations driving the African Oil & Gas sector to new heights. These awards provide a platform to honor those who have made extraordinary contributions towards the advancement and success of the industry in Africa.

The AEW Awards 2023 will showcase exceptional individuals and entities across various categories that have demonstrated unparalleled commitment, innovation, and leadership within the energy sector. The awards ceremony will take place during AEW, taking place from 16 to 20 October in Cape Town, South Africa.

The award categories for AEW Awards 2023 include:

H.E Mohamed S. Barkindo Lifetime Achievement Award (non-voting category)

This award is the highest honor bestowed upon an individual who has made outstanding and enduring contributions to the oil and gas or energy industry over their distinguished career. The recipient is a visionary leader who has demonstrated exceptional leadership, innovation, and significant impact in shaping the trajectory of the industry, leaving a lasting legacy.

We recognize the recipient’s tireless dedication, unwavering commitment, and significant influence in advancing the energy sector, thereby promoting the wellbeing of Africans and the socio-economic stability of continent or particular country.

National Oil Company of the Year Award

As the continent faces the energy transition, National Oil Companies are playing a fundamental role in reducing the energy poverty of their nations, while ensuring pro-business investment environments, energy security, and leadership in hydrocarbons sector. This award honors an exceptional NOC that has demonstrated outstanding achievements, industry leadership and significant contributions to the energy sector within a particular country and across Africa through innovative operational and revenue management strategies.

ESG Leader Award

As ESG (environmental, social and governance) is a central element in developing Africa’s natural resources, the continent needs champions that will protect and promote local populations while ensuring fair and safe operations. This award recognizes outstanding achievements and leadership in integrating sustainability principles and responsible business practices within the sector.

The award celebrates oil and gas/energy companies that have demonstrated exceptional commitment to environmental stewardship, social responsibility, and strong corporate governance, setting a benchmark for sustainability and ESG performance within the industry.

These awards honor the visionaries and innovators who have dedicated their expertise and resources to transform Africa’s energy landscape

Operational Excellence Leader Award

This award honors exceptional achievements in operational efficiency, performance, and best practices within the oil and gas/energy sector. It is granted to an organization that has demonstrated outstanding leadership, innovation, technological advancements and continuous improvement in optimizing its operations, driving efficiency gains, and setting new benchmarks for excellence in the industry.

Gas Monetization Award 

This award recognizes companies and projects that are upheaving gas monetization in Africa to close the energy poverty gap. It celebrates innovative strategies and successful commercialization efforts of companies or projects that have demonstrated outstanding leadership in maximizing the value of gas resources. The recipient of this award showcases a commitment to maximizing the value of natural gas resources, driving economic growth, and meeting the energy needs of both domestic and international markets.

Media Award (New Award)

This award recognizes outstanding achievements in journalism, communication, and media coverage within the energy sector. It celebrates individuals or media organizations that have demonstrated exceptional storytelling, in-depth analysis, and effective communication of energy-related topics to a wide audience.

It acknowledges the recipient’s ability to effectively inform, educate, and engage the public on critical energy issues and recognizes commitment to journalistic integrity, accuracy, and the promotion of informed public discourse surrounding energy-related topics. It covers journalism, marketing, research, analytics, broadcasting, filmmaking and other forms of media.

CEO of the Year

This award recognizes individuals that have demonstrated outstanding leadership, strategic vision, and outstanding accomplishments of an exemplary CEO within the industry. We honor an individual who has demonstrated exceptional leadership qualities, driving innovation, sustainable growth, and significant contributions to the success of their organization and the broader energy sector.

It acknowledges the recipient’s ability to navigate complex challenges, make bold decisions, and inspire their organization to achieve exceptional results and recognizes their role in fostering a culture of excellence, driving operational efficiency, and creating long-term value for stakeholders.

Nominations for the AEW Awards 2023 are now open on the official AEW website. Professionals, organizations, and the public are invited to nominate those who have made a significant impact on Africa’s Oil and Gas/energy sector. The winners will be announced at a prestigious ceremony during AEW, where global industry leaders, policymakers, and stakeholders will gather to discuss and collaborate on the future of Africa’s energy sector.

“Through the African Energy Awards, we are shining a spotlight on the champions of Africa’s energy sector, those individuals and organizations who are driving the continent’s progress towards energy independence and sustainable growth. These awards honor the visionaries and innovators who have dedicated their expertise and resources to transform Africa’s energy landscape. By recognizing their achievements, we inspire others to follow in their footsteps, creating a ripple effect that propels Africa towards a brighter and more prosperous energy future,” states NJ Ayuk, Executive Chairman of the AEC.

We encourage all industry professionals, organizations, and individuals passionate about the African Oil & Gas/Energy sector to participate in this exciting opportunity to recognize and celebrate the exceptional achievements of those who are driving the industry forward. Join us at AEW 2023 as we honor the industry pioneers and trailblazers who are fast-tracking the African Oil & Gas sector towards a prosperous and sustainable future.

For more information on the nomination process and to stay updated on African Energy Week 2023 and the AEW Awards, please visit the official African Energy Week website at https://AECWeek.com/about/

Distributed by APO Group on behalf of African Energy Chamber.

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Congo Is Turning Reserves into Bankable Projects – and the Investment Window Is Opening

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Etu Energias

Eni-led LNG expansion and ongoing deepwater investment are pushing the Republic of Congo’s energy sector toward more bankable projects ahead of the Congo Energy & Investment Forum 2027

BRAZZAVILLE, Congo (Republic of the), June 23, 2026/APO Group/ –With LNG exports set to triple to 3 mtpa, upstream oil production targeting 500,000 bpd and a renewed push on local content, the Republic of Congo is positioning itself as one of Central Africa’s most investable hydrocarbon markets. Under the leadership of the newly-appointed Minister of Hydrocarbons, Stev Simplice Onanga, the country is prioritizing industry growth by balancing local content with reserve replacement and project advancement.

 

What sets Congo apart is not the scale of its reserves, but the pace at which those reserves are being turned into commercially viable projects. From Eni’s LNG expansion and TotalEnergies’ deepwater developments to brownfield optimization by Trident Energy and output growth at Ammat Global Resources, capital is flowing into projects with clearer monetization pathways and nearer-term returns.

Ahead of the Congo Energy & Investment Forum (CEIF) 2027 – the country’s leading platform for energy investment and partnerships – the story is shifting away from frontier potential toward bankable projects already under development.

Policy Reform Is De-Risking Investment

Congo’s investment case is being reshaped by the alignment of resource base, regulatory reform and project delivery. Established oil production, expanding LNG capacity and fiscal adjustments are gradually reducing above-ground risk.

Recent reforms led by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo have added structure to the sector. The Gas Code, introduced in October 2025, formalizes fiscal terms for gas commercialization, while the Gas Master Plan prioritizes flaring reduction and gas-to-power deployment, targeting 1,500 MW by 2030.

A new upstream licensing round is also under consideration, aimed at attracting fresh capital into both mature and frontier acreage. Together, these measures are improving visibility across upstream, midstream and downstream segments, with recent project activity reinforcing the shift.

The Projects Driving the Next Cycle

Deepwater oil remains central to Congo’s production outlook, with operators progressing both new developments and brownfield optimization. TotalEnergies is advancing work at the Moho licence following the April 2026 Moho G discovery, backed by a $500–$600 million infill drilling program targeting about 40,000 bpd in incremental output.

Local independent Ammat Global Resources is targeting 70% production growth from its Loango and Zatchi fields, where reactivated wells and upgraded platforms have already lifted output by 75%. Perenco continues steady gains, adding roughly 6,000 bpd through its 2025–2026 drilling program.

Trident Energy, after acquiring an 85% working interest in the Nkossa and Nsoko II assets in 2025, is focused on extending field life through subsea optimization and redevelopment work.

While oil continues to anchor revenues, gas is rapidly emerging as Congo’s fastest-growing segment. Eni’s Congo LNG project delivered its first cargo from Phase 2 in February 2026, following the startup of the Nguya FLNG unit in December 2025. Together with Tango FLNG, capacity has risen from 0.6 mtpa to 3 mtpa. Trident Energy has also proposed an FLNG project aimed at adding further capacity across the country’s gas market. The project is expected to operate as shared infrastructure, allowing multiple operators to process gas from their respective fields. This creates an outlet for associated gas that might otherwise be stranded, supporting the country’s broader diversification goals.

Local Content Is Reshaping Investment Terms

Beyond upstream policy, Minister Onanga has positioned local content as a central pillar of Congo’s investment framework, and a key determinant of how capital is structured and deployed.

Decrees 2019-342, 343, 344 and 345 set requirements around subcontracting, workforce localization and training commitments, with the effect being a gradual shift in how projects are structured and how partnerships are formed. Operators are increasingly assessed not only on technical delivery but on in-country value creation, including partnerships with local firms and skills development. Logistics, maintenance and other service areas are increasingly channeled through domestic providers.

At CEIF 2027 – taking place June 1–3 in Brazzaville – attention will shift to what is moving forward and to the investors positioned to take part in that pipeline. Congo’s energy sector is no longer defined by potential alone: projects are moving, capital is being committed and policy is starting to catch up with activity on the ground.

As the Republic of Congo moves from reserves to revenue, the signal to investors is clear: this is already unfolding, not a future opportunity.

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

 

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Afreximbank secures double honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards for excellence in strategic communications

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The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event

CAIRO, Egypt, June 23, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been recognised with two prestigious honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards, one of the world’s most prestigious awards programmes for strategic communications.

 

The Bank received an Award of Excellence in Special and Experiential Events category for the Intra-African Trade Fair 2025 (IATF2025) held in Algiers, Algeria and an Award of Merit in the Social Media category for its Afreximbank Social Media Campaigns, reaffirming Afreximbank’s commitment to delivering impactful communications that advance its mandate of promoting trade, investment and industrialisation across Africa and the Caribbean.

We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communication

The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event. IATF2025 brought together governments, businesses, investors, buyers, sellers and entrepreneurs from across Africa and beyond, creating a platform for trade and investment opportunities while advancing the objectives of the African Continental Free Trade Area (AfCFTA). The communications campaign played a pivotal role in driving global awareness, stakeholder participation, media visibility and engagement before, during and after the event, while showcasing the scale, ambition and dynamism of African enterprise and reinforcing a positive narrative about Africa’s capacity to trade, industrialise and compete on the global stage. Over 120,000 delegates attended IATF2025 in person and virtually, with deals worth over US$50 billion recorded.

The Award of Merit for Afreximbank Social Media Campaigns recognises the Bank’s strategic use of digital platforms to engage stakeholders, amplify its developmental impact and elevate conversations around trade, industrialisation, economic integration and investment opportunities across Africa and the Caribbean. Through a combination of compelling storytelling, thought leadership content, executive advocacy, multimedia production and real-time event coverage, Afreximbank’s social media platforms have continued to expand their reach and influence among policymakers, businesses, investors, development partners and the wider public. Among these platforms is the Afreximbank TV, a digital TV channel that is wholly owned and managed by Afreximbank, whose fifth edition was celebrated with dedicated coverage of IATF2025, providing live coverage of the activities to both pan African and global audiences.

Anne Ezeh, Director & Global Head, Communications and Events at Afreximbank commented: “We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communications. As a pan African multilateral financial institution, we see storytelling as a powerful tool for advancing our mission — ensuring our initiatives, events, programmes and key announcements not only inform, but also inspire confidence, deepen engagement and amplify Africa’s transformation. These awards reinforce our resolve to continue delivering world-class communications that elevate African voices and projects a bold and authoritative narrative of the continent.”

Ms. Ezeh added that through innovative storytelling, digital engagement and integrated campaigns, the Bank will continue to amplify the impact of its programmes and partnerships  to project a more authentic narrative of Africa, one defined by opportunity, innovation, resilience and growing influence in the global economy.

For more than five decades, the IABC Gold Quill Awards have recognised excellence in strategic communications globally, celebrating programmes and campaigns that demonstrate measurable impact, innovation, creativity and outstanding execution. Widely regarded as the pinnacle of achievement in the communications profession, the awards are judged through a rigorous and independent evaluation process conducted by experienced communication leaders from around the world.

Distributed by APO Group on behalf of Afreximbank.

 

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Islamic Development Bank (IsDB) Institute Unveils 2025 Annual Report During Group Annual Meetings in Baku

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IsDBI

In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) has released its 2025 Annual Report during the 2026 IsDB Group Annual Meetings held in Baku, Azerbaijan, showcasing a year of expanded impact in Islamic finance transformation, innovative solutions, and capacity development.

 

The report highlights how IsDBI strengthened its role as a global knowledge leader by advancing innovative solutions and scaling support to Member Countries through knowledge-based interventions, Islamic finance grants, and strategic partnerships.

In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million, supporting countries in strengthening regulatory frameworks and promoting inclusive financial systems.

Since 2013, the Institute’s interventions in this regard have reached over US$27.57 million across 181 projects benefiting more than 34 countries, underlining its sustained contribution to development outcomes across the Islamic world.

I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem

The Annual Report highlights major progress in IsDBI’s three flagship transformative projects, namely Awqāf Free Zones, Digital Postal Islamic Financial Services, and Smart Countertrade System, which have all advanced to pilot-ready stages. These initiatives aim to address global challenges such as financial inclusion, food and energy security, and trade resilience.

Furthermore, the Institute accelerated its focus on digital innovation in Islamic finance, enhancing its Islamic Finance Artificial Intelligence Assistant (IFAA) and hosting its first AI Hackathon on Islamic Finance, engaging more than 40 teams in developing cutting-edge solutions aligned with industry standards.

Human capital development in Islamic finance also remained a cornerstone of IsDBI’s work in 2025, with the delivery of over 20 training programs reaching around 500 professionals across Member Countries. A key achievement in this area was the Entrepreneurial Mindset Development Program, a flagship initiative equipping emerging leaders from 20 countries with innovation-driven and values-based entrepreneurship skills. The program was designed and implemented in collaboration with Prince Mohammed Bin Salman College of Business and Entrepreneurship, Saudi Arabia.

The Institute also strengthened its thought leadership through flagship publications, global partnerships, and digital engagement, reinforcing its position as a leading voice in Islamic economics and finance.

Commenting on the issuance of the Annual Report, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said: “I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem by bridging knowledge creation, building human capital, and designing innovative solutions to address economic challenges.”

The 2025 Annual Report is accessible on IsDBI website here (https://isdbinstitute.org/product/isdbi-annual-report-2025/).

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

 

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