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African Energy Chamber (AEC) Sponsors Nigeria’s National Judicial Institute (NJI) Workshop on Petroleum Industry Act

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African Energy Chamber

The African Energy Chamber’s sponsorship of Nigeria’s National Judicial Institute’s workshop underscores its steadfast commitment to advocating for streamlined legal processes within Africa’s oil and gas sector

ABUJA, Nigeria, June 12, 2024/APO Group/ — 

The African Energy Chamber (AEC) (www.EnergyChamber.org) – the voice of the African energy sector – is sponsoring a workshop led by Nigeria’s National Judicial Institute (NJI). The workshop – held under the theme Innovations Under the Petroleum Industry Act 2021 and their Implications in Adjudication and in partnership with Investin234 Promotion Services Limited – aims to equip members of the Nigerian judiciary with comprehensive knowledge of the recent changes in the oil and gas sector brought about by the Petroleum Industry Act (PIA) of 2021. This initiative is essential for creating an enabling environment, ensuring the sanctity of contracts and restoring both investor and citizen confidence in Nigeria’s oil and gas industry.

The AEC’s sponsorship aligns with its strategic focus on promoting research and development in the petroleum and gas sectors. The workshop offers a platform for the Nigerian legal industry to enhance investor confidence, promote Nigerian content in oil and gas disputes, and provide valuable industry feedback to the judiciary. For the AEC, sponsoring this workshop is more than just a gesture of support; it is a strategic move to fortify the judicial framework that underpins the energy sector.

A well-informed judiciary not only ensures fair adjudication but also fosters an environment conducive to sustainable investment and equitable growth

The International Chamber of Commerce in Nigeria estimates that Africa loses billions of dollars annually to business arbitrations conducted abroad. This is due to delays in the court process and a lack of sector-specific knowledge among adjudicators, which hampers the Nigerian economy and undermines local content aspirations. The Petroleum Industry Act 2021 – a framework for the oil and gas industry – introduces major changes in fiscal requirements, regulatory frameworks and governance structures. For these changes to be effective, the judiciary must be well-versed in the new regulatory environment and its implications. The AEC believes a knowledgeable judiciary is crucial for resolving disputes efficiently within Nigeria and the rest of Africa, saving costs, enhancing investor confidence and promoting local content by keeping arbitration and its benefits within the country.

“A well-informed judiciary not only ensures fair adjudication but also fosters an environment conducive to sustainable investment and equitable growth,” states NJ Ayuk Executive Chairman of the AEC. “This collaborative effort between the energy sector and the judiciary not only strengthens the rule of law but also promotes transparency and accountability, essential pillars for fostering a thriving energy ecosystem in Nigeria and beyond.”

Bringing the judiciary up to speed with oil industry regulations is critical, especially in light of major developments such as Golar LNG’s recently launched FLNG project in the country. On June 10, the Nigerian National Petroleum Corporation signed a Project Development Agreement with LNG company Golar LNG for a FLNG facility offshore the Niger Delta. The project aims to monetize 400-500 million standard cubic feet per day (mmscf/d) of gas. Additionally, Nigeria recently commenced operations for three gas projects, including the expanded AHL Gas Processing Plant, the ANOH Gas Processing Plant and the 23.3km ANOH to Obiafu-Obrikom-Oben Custody Transfer Metering Station Gas Pipeline. These projects aim to collectively supply approximately 500 mmscf/d of gas to the domestic market, resulting in a 25% increase in gas supply.

Recently launched, Nigeria’s latest licensing round introduces 12 deep offshore and shallow water oil blocks, incorporating five blocks from the previous year’s round. Open for bidding until January 2025, the licensing round aims to attract both local and international explorers to the country’s acreage, with the overarching goal of expanding its reserve base and optimizing production.

In light of these initiatives, it is clear that judicial comprehension and adherence to regulations play a pivotal role. A robust legal framework ensures the fair allocation of licenses, transparent bidding processes, and the enforcement of contractual obligations. Moreover, regulations provide the necessary guidance for exploration activities, safeguarding environmental sustainability and ensuring compliance with industry standards.

Distributed by APO Group on behalf of African Energy Chamber.

Business

Aurionpro expands its multi-country transaction banking engagement with Diamond Trust Bank (DTB)

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Aurionpro

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers

MUMBAI, India, April 30, 2026/APO Group/ –Aurionpro Solutions Limited (www.AurionPro.com) (BSE: 532668 | NSE: AURIONPRO)a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries.

Download Document: https://apo-opa.co/4edHUaC

This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience, streamline operations, and support growing transaction volumes as it expands its regional corporate banking footprint. DTB continues to focus on building a more agile, ‘digital-first’ banking experience, particularly around payments for its corporate customers across Africa, and is now well positioned to scale these capabilities. As part of its broader transformation agenda, the bank has been steadily investing in platforms that enhance scale, reliability, and service consistency across markets.

Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers. By enabling DTB to standardize and scale its transaction banking operations across countries, the platform ensures consistent service levels, stronger control, and improved efficiency. It also supports enhanced user experience, advanced security, and the flexibility to introduce new features as DTB expands its regional transaction banking footprint.

Murali Natarajan (https://apo-opa.co/48trPdk), Managing Director & CEO, DTB Kenya   commented: “We are delighted to strengthen and broaden our partnership with Aurionpro Solutions as part of DTB’s ongoing digital transformation journey across multiple markets. Our focus on innovation, operational excellence, and customer-centricity continues to guide our technology investments. This upgrade strengthens our transaction banking capabilities, enabling us to deliver greater value to our customers through robust digital channels and seamlessly integrated experiences.”

Ashish Rai, Group CEO, Aurionpro Solutions, commented: “We are pleased to deepen our multi-country engagement with Diamond Trust Bank and support the next phase of its transaction banking modernization. As DTB continues to scale across markets, platform resilience and consistency become paramount. Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility, deliver superior experiences to corporate customers, and create long-term value across geographies.”

He added, “Aurionpro’s iCashpro lays a strong digital foundation for transaction & wholesale banks across the globe to grow their corporate and SME client portfolio today, while creating a clear roadmap for next- generation capabilities in AI-driven insights, advanced automation and API-led connectivity for businesses in Kenya and across Africa.”

Distributed by APO Group on behalf of Aurionpro Solutions Ltd.

 

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Minerals Council Chief Executive Officer (CEO) Joins African Mining Week (AMW) as South Africa Improves Sectorial Investment Climate

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Energy Capital

Minerals Council CEO to share insights on policy, infrastructure and investment trends shaping South Africa’s mining industry

CAPE TOWN, South Africa, April 30, 2026/APO Group/ –The upcoming African Mining Week (AMW) conference will feature Mzila Mthenjane, CEO of the Minerals Council of South Africa, as a speaker. Scheduled for October 14 – 16, 2026 in Cape Town, the event will bring together global investors, policymakers and industry leaders, with Mthenjane’s participation highlighting the council’s commitment to engaging international stakeholders and promoting investment across South Africa’s mining sector.

His participation comes at a critical moment as the Minerals Council works closely with government on finalizing the Mineral Resources Development Bill 2025, a policy framework aimed at strengthening the country’s mining investment climate and the sector’s contribution to GDP. According to the council, the revised legislation will support new investment across the value chain as South Africa seeks to mobilize R2 trillion over the next five years to unlock its critical minerals potential.

The policy reforms come amid shifting production trends in the sector. In 2025, South Africa recorded declines in gold and platinum group metals output of 1.9% and 4.1%, respectively. The new regulatory framework is expected to strengthen public-private partnerships and stimulate investment, enabling South Africa to increase production and capitalize on strong global commodity prices. Increased private sector investments is crucial with South Africa seeking targeting to unlock an estimated R40 trillion in untapped iron ore potential as well as maintain its position as the world’s leading producer of chrome and manganese.

At AMW 2026, Mthenjane is expected to outline these trends, providing insights into how the council is contributing to addressing challenges disrupting the sector. Infrastructure and energy costs remain key concerns for industry players. To support the energy-intensive sector, South Africa approved a 35% reduction in electricity tariffs for major ferrochrome producers, helping stabilize an industry that has faced significant cost pressures after electricity prices surged by roughly 900% since 2008.

Logistics constraints are also a priority area for reform. South Africa’s economy is losing an estimated R1 billion per day due to inefficiencies across rail and port infrastructure. As a result, the government is considering measures supported by the Minerals Council to increase private sector participation in logistics. Planned reforms include rail modernization initiatives targeting 250 million tons of freight capacity by 2029, alongside port upgrades and private operator participation aimed at strengthening mineral exports and improving supply chain efficiency.

Beyond infrastructure and policy reforms, the Minerals Council is advocating for stronger exploration investment to support long-term industry growth.

At AMW, Mthenjane is expected to highlight these developments and outline the steps required to reinforce South Africa’s position in the global minerals supply chain. His insights will offer investors and stakeholders a timely perspective on opportunities within the country’s mining sector.

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

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Seychelles Targets Energy Investment Push as Minister Jérémie Joins African Energy Week (AEW) 2026 as a Speaker

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African Energy Chamber

Seychelles energy minister will speak at AEW 2026, positioning her to highlight reforms, renewable projects and investment opportunities as the island nation advances its transition toward a diversified energy system

CAPE TOWN, South Africa, April 29, 2026/APO Group/ –Marie-May Jérémie, Minister of Environment, Climate, Energy and Natural Resources for Seychelles will participate as a speaker at this year’s African Energy Week (AEW) 2026, taking place from October 12–16 in Cape Town. Her participation underscores the country’s growing role in shaping Africa’s small-island energy transition agenda.

Minister Jérémie’s presence at AEW 2026 comes at a critical time as Seychelles accelerates efforts to reduce its heavy reliance on imported fossil fuels. The event provides a platform to attract investment, strengthen policy alignment and showcase bankable projects, positioning the country as a viable destination for private-sector participation in island energy systems.

Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments

In May last year, international finance institution the World Bank approved the Renewable Energy Acceleration Program, a seven-year initiative aimed at modernizing the grid and increasing renewable energy penetration to 15% by 2030. The program focuses on unlocking private capital while strengthening transmission infrastructure to accommodate variable renewable energy sources.

Project development is gaining traction in the country, particularly in innovative technologies suited to Seychelles’ land constraints. The 5.8 MW Seysun Lagoon floating solar PV project, developed by independent renewable power producer Qair, is under construction and expected online in 2026.

Alongside renewables, Seychelles continues to pursue upstream opportunities to diversify its economy. The government approved new exploration entrants in 2025 and extended exiting petroleum agreements, while securing an infrastructure partnership with China. Multilateral estimates suggest over $800 million in investment will be required over the next 25 years.

Regulatory reform is central to this transition, with Seychelles introducing an independent power producer framework to open the market to private developers. Standardized power purchase agreements, grid access reforms and strengthened public-private partnership structures are being implemented to improve transparency, reduce risk and accelerate project bankability across solar, storage and emerging wind opportunities.

“Minister Jérémie’s participation highlights the strategic importance of island nations in Africa’s broader energy transition,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments. Her insights will be critical to advancing dialogue on resilient, low-carbon energy systems across the continent.”

Distributed by APO Group on behalf of African Energy Chamber.

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