Connect with us
Anglostratits

Business

African Energy Chamber (AEC) Opens Office in Shanghai to Boost China-Africa Energy Collaboration

Published

on

Shanghai

The Shanghai office will facilitate business opportunities between Chinese and African companies while fostering ties between governments

CAPE TOWN, South Africa, August 21, 2025/APO Group/ –The African Energy Chamber (AEC) (https://EnergyChamber.org) has officially opened an international office in Shanghai, China, aimed at strengthening cooperation between African governments and energy companies and their counterparts in China. The office – aligned with the AEC’s vision of creating a global energy network where Africa is not just a participant, but a driving force – is expected to spearhead a new era of economic diplomacy while fostering cross-continental partnerships and energy development.

The Shanghai office will be led by Dr. Bieni Da, Chief Representative of the AEC in China, who will spearhead all engagements, ensuring that the AEC plays a pivotal role in connecting Chinese businesses and government entities with African stakeholders. The objective is clear: to drive impactful, long-term collaboration across strategic sectors of the economy, enabling investments that are mutually beneficial and aligned with both continents’ development goals.

One of the core objectives of the Shanghai office is capital mobilization. With the continent’s energy finance gap currently estimated to measure between $31 billion and $50 billion, a unique opportunity has emerged for Chinese financiers and project developers. Despite rising energy demand, many African energy firms face constraints in accessing the necessary capital to scale their operations and increase energy production. China, with its well-developed financial and infrastructure systems, presents a fertile ground for capital raising. Under Dr. Bieni Da’s leadership, the AEC will actively work to attract Chinese investment into African energy projects, providing the financial backbone needed to drive innovation and expansion in the sector.

The AEC wants to see greater Chinese investment across the entire African oil and gas value chain – from upstream projects to downstream infrastructure

The Shanghai office will also play an instrumental part in connecting Chinese companies with African projects, facilitating partnerships and bringing African opportunity to the Chinese market. Chinese companies have already begun to play a central role in advancing Africa’s energy market, with investments in oil, gas, renewable energy and infrastructure unlocking high returns. Examples include Chinese exploration and production company Wing Wah, who is leading the Bango Kayo development in the Republic of Congo. The $2 billion project – comprising a phased expansion of the operational Bango Kayo conventional oilfield – seeks to monetize previously-flared resources, primarily for the domestic market. The project features the development of three trains, the first of which has a capacity of one million cubic meters per day (mcm/d). The second and third trains will come online in 2025, increasing capacity to five mcm/d.

Meanwhile, the state-owned China National Offshore Oil Corporation (CNOOC) is also expanding its presence in Africa. The company is exploring business opportunities in Angola, with talks held for deepwater Block 24. In East Africa, the company is developing the East African Crude Oil Pipeline, connecting the Tilenga and Kingfisher oilfields with the Port of Tanga. CNOOC also acquired two shallow water and three deepwater oil and gas blocks in Mozambique and has partnered with the Tanzania Petroleum Development Corporation to explore deep-sea Block 4/1B and 4/1C. The China National Petroleum Corporation (CNPC) has stakes in Mozambique’s Coral South FLNG development, which began production in 2022, and has also signed a $400 million crude oil supply agreement with Niger. These are just some of the many projects spearheaded by Chinese companies.

“The AEC wants to see greater Chinese investment across the entire African oil and gas value chain – from upstream projects to downstream infrastructure to manufacturing, power and technology. China offers significant expertise in these areas and the Shanghai office will unlock new collaborative opportunities in artificial intelligence, electric vehicles, renewable energy and more,” stated NJ Ayuk, Executive Chairman of the AEC.

To foster continued dialogue and engagement, the AEC will organize high-level investment forums in Shanghai, positioning the city as a hub for African energy investment and dialogue. These forums will serve as regular platforms for African leaders, government officials and business executives to meet with their Chinese counterparts, explore opportunities and forge lasting partnerships. The Chamber will use this office to host a variety of meetings, roundtables, and workshops aimed at encouraging cross-border collaboration, knowledge sharing, and investment facilitation.

“Africa and China have a common goal: to eradicate energy poverty. It is time to walk the walk and bring Chinese expertise and capital to African projects. Dr. Bieni Da, has a strong network in the public and private sector that will drive these engagements, giving Africa a chance to expand to a mutually beneficial relationship that is win-win with China. This office is a testament to making sure we leave our footprint,” added Ayuk.

Distributed by APO Group on behalf of African Energy Chamber.

Business

First WATT Renewable Limited and MTN Nigeria Launch Renewable Energy Infrastructure Programme for Critical Operations and Electric Vehicle (EV) Charging Sites

Published

on

WATT Renewable Limited

The programme is expected to support the avoidance of an estimated 25,000 tonnes of carbon dioxide equivalent emissions (tCO ₂e) over five years, subject to operational performance and final emissions calculations

LAGOS, Nigeria, June 15, 2026/APO Group/ –First WATT Renewable Limited (www.WATTRenewables.com) and MTN Nigeria have announced a strategic renewable energy infrastructure partnership designed to reduce diesel dependence, improve operational resilience at MTN’s critical facilities and supply renewable energy systems to power electric vehicle charging infrastructure across selected MTN locations in Nigeria.

 

The programme comprises two major project components. The first is an Energy- as- a- Service deployment that will provide approximately 34 MWp of solar photovoltaic as a generation capacity and 40 MWh of battery energy storage across selected MTN facilities nationwide. These sites include data centres, switch facilities, cable landing stations, customer service centres and other network critical locations.

The second is the supply of renewable energy infrastructure to power 60 kW EV charging stations across eight MTN facilities located at Ikoyi, Matori, Ojota, Abuja, Port Harcourt, Asaba, Kano and Ibadan

Together, both components are designed to reduce dependence on diesel-based systems, lower operating emissions, support operational uptime, strengthen business continuity, and increase the contribution of renewable energy across MTN’s operational sites, including selected EV charging locations.

As digital demand continues to grow, reliable energy infrastructure remains critical to the performance of telecommunications networks and the wider digital economy. This partnership will support MTN Nigeria’s efforts to strengthen the resilience of critical operations while increasing the use of renewable energy across selected facilities.

This programme helps address one of the key requirements for wider EV adoption: reliable and cleaner energy supply

Based on current project assumptions, the programme is expected to support the avoidance of an estimated 25,000 tonnes of carbon dioxide equivalent emissions (tCO ₂e) over five years, subject to operational performance and final emissions calculations.

Commenting on the partnership, Oluwole Eweje, Chief Executive Officer of WATT Renewable Corporation, said:

“This partnership is a defining milestone for First WATT and an important step in strengthening the energy infrastructure that supports Nigeria’s digital economy. By deploying solar photovoltaic generation and battery energy storage across selected MTN facilities, we are helping to improve energy reliability at critical locations where uptime is essential.

“The EV charging component also demonstrates how renewable energy infrastructure can support Nigeria’s transition to lower-carbon mobility. By providing renewable power systems for EV charging sites, this programme helps address one of the key requirements for wider EV adoption: reliable and cleaner energy supply.”

Speaking on the initiative, Tobechukwu Okigbo, Chief Corporate Services and Sustainability Officer at MTN Nigeria, said:

“As Nigeria’s energy and mobility landscape evolves, renewable energy will play an important role in building cleaner and more reliable infrastructure. This partnership supports our efforts to reduce diesel dependence, improve operational efficiency, and strengthen the resilience of the systems that power connectivity.

“It is also aligned with Project Zero, under our Doing for Planet sustainability pillar, through which we are focused on reducing greenhouse gas emissions, improving energy efficiency, and increasing the use of renewable energy across our operations.”

Distributed by APO Group on behalf of WATT Renewable Corporation.

 

Continue Reading

Business

RusselSmith Formally Transitions to Arridex

Published

on

Nigeria

The change reflects the significant expansion of the organisation’s capabilities and the breadth of industries it now serves

LAGOS, Nigeria, June 12, 2026/APO Group/ –Arridex (www.Arridex.com), formerly RusselSmith, recently announced its formal change of name, registered with the Corporate Affairs Commission of Nigeria. The change reflects the significant expansion of the organisation’s capabilities and the breadth of industries it now serves, which extend well beyond the oil and gas services with which it began operations in the early 2000s.

 

Founded as an asset integrity company serving Nigeria’s oil and gas sector, the organisation has grown into a multi-sector industrial technology group operating across oil and gas, maritime, aerospace, defence, construction, and manufacturing. Its subsidiaries cover engineering and construction delivery, autonomous systems development, and advanced technology products, in addition to its industrial additive manufacturing and asset integrity operations.

Arridex is the name of the company built over two decades and raised intentionally to enable industrial resilience in Africa

The organisation holds Pioneer Status in additive manufacturing, granted by the Nigerian Investment Promotion Commission (NIPC), and is the first company qualified by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) for additive manufacturing deployment in the oil and gas sector. Both represent formal recognition of Arridex’s capabilities and its role in building indigenous industrial capacity at scale. With more than twenty years of continuous delivery, Arridex holds certification to ISO 9001:2015 and ISO 45001:2018, underpinning an integrated management system that governs its operations across all sectors, and has recorded zero lost time incidents across over seven million man hours of operations.

The name change coincides with a significant operational milestone. The Arridex Omnifactory, West Africa’s first multi-technology industrial additive manufacturing facility, has been commissioned in Lagos. The Omnifactory integrates multiple additive manufacturing technologies including Laser Powder Bed Fusion (L-PBF), Cold Spray, Fused Filament Fabrication (FFF), and Selective Laser Sintering (SLS) under one roof, enabling on-demand production of industrial components, spares, and improved part designs for critical industries. The Omnifactory’s large-format additive manufacturing capabilities also enable the production of large-scale structures, including full-size marine components. Its commissioning is the clearest measure of the distance that Arridex has travelled from its origins.

Africa’s critical industries have for decades depended on components and specialist expertise imported from outside the continent, with supply chains that routinely extend across multiple jurisdictions and lead times that affect operational continuity for asset owners when dealing with legacy parts. The Omnifactory manufactures industrial components and parts on demand in Lagos, helping to build operational resilience in critical industries.

Kayode Adeleke, Group Chief Executive Officer of Arridex, said: “The name RusselSmith defined what we were at the start. Arridex defines what we have built. The dependency of African industry on fragile supply chains is a structural problem that this continent has accepted for too long. The Omnifactory is a concrete answer to the challenge of manufacturing sovereignty. Arridex is the name of the company built over two decades and raised intentionally to enable industrial resilience in Africa.”

Arridex is a Designated Strategic Partner of the Commonwealth Enterprise and Investment Council (CWEIC) and serves clients across Nigeria and the wider African region. The organisation has a joint venture partnership with the Defence Industries Corporation of Nigeria (DICON) for military-grade additive manufacturing, is a member of the Manufacturers Association of Nigeria (MAN) and is also a member of the Defence Industries Association of Nigeria (DIAN). With the Omnifactory commissioning in June 2026, Arridex enters its next phase of operations under a name that reflects the full scope of what it has built.

Distributed by APO Group on behalf of Arridex.

Continue Reading

Events

New Quality, Shared Future – Beijing CBD Extends a Global Invitation for Cooperation

Published

on

Beijing

If there are only three days to understand China’s economic development, Beijing CBD is a good place to start.
BEIJING, CHINA – Media OutReach Newswire – 12 June 2026 – In mid-June this year, 2026 Beijing CBD Forum Annual Conference will be held as scheduled. Nearly ten thousand participants from five continents will gather here, with international speakers accounting for more than 50% of the lineup. Yet the Forum is but a window; the true landscape worth the world’s attention lies just outside – the central business district itself.

“International Density” on Seven Square Kilometers

In the core area of Beijing CBD – a mere seven square kilometers – nearly 16,000 foreign-funded institutions and 125 regional headquarters of multinational corporations (MNCs) are located. This represents half of all MNC headquarters resources in Beijing.

This is no coincidence. The district is one of China’s most internationally oriented, service-rich, and mature international business zones. From law firms and consultancies to financial institutions, the world’s top professional services firms have formed a complete ecosystem here.

What makes the area even more valuable for overseas companies and organizations is that policies here are not just written on paper – they are embedded in actual processes.

From pilot schemes on cross-border data flows, to facilitated access for foreign financial institutions, to one‑stop service desks for international talent – Beijing CBD has long served as a pilot zone for institutional opening‑up. Foreign enterprises find that issues they encounter here tend to be addressed and resolved more quickly.

During this year’s Beijing CBD Forum annual conference, the Ambassadors’ Roundtable Dialogue will establish a regular communication mechanism, and the “International Delegations’ China Tour” will allow overseas business representatives and zone managers to conduct in‑depth site visits and exchange experiences. What is even more noteworthy, however, is that such exchanges are not confined to the Forum – they continue year-round here.

Beijing CBD: A Sincere and Pragmatic Invitation

Artificial intelligence, the digital economy, green technologies – these areas, known as “new quality productive forces,” are not empty buzzwords here. The Forum includes dedicated sessions on technological innovation, financial opening‑up, law-business integration, cultural industries, and international consumption. Yet what truly deserves the attention of potential international partners is the industrial foundation behind these topics.

Beijing CBD is home to the densest concentration of foreign financial institutions and cross‑border capital in China. A large number of tech companies are engaged in cross‑sector collaboration with traditional industries here. High‑end professional services – international law, arbitration, compliance – are highly concentrated, providing support for both inbound and outbound business activities. Moreover, as the starting area of the city’s international demonstration zone for law-business integration, the district continues to focus on strengthening the rule of law in commercial affairs, improving its legal services framework, enhancing the resolution of international commercial disputes, and fostering a stable, transparent, predictable, and internationally competitive business environment. In the future, Beijing CBD will build a one‑stop legal and commercial service platform that integrates legal, auditing, intellectual property and other professional resources to precisely serve companies going global and managing cross‑border operations.

Here, you will find that its vitality derives mainly from genuine business judgments about market opportunities. For enterprises, the cooperation logic here is predictable, commercial, and sustainable.

Beijing CBD is not merely a striking poster – it is a real‑world district where hundreds of thousands of business people move every day, thousands of foreign‑funded institutions operate, and countless cross‑border transactions take place.

If you are looking for a stable gateway to the Chinese market, or a high-level hub to connect global resources with local applications, it deserves your consideration.

The Forum’s 2026 annual conference lasts only three days. But Beijing CBD is open all year round.

 

 

Continue Reading

Trending