Connect with us

Energy

African Energy Chamber (AEC) Supports Namibia’s 2026 Energy Investment Surge as Sintana Listing Unlocks Local Ownership

Published

on

African Energy Chamber

Namibia’s transition from oil and gas discovery to financing – with Sintana’s NSX listing – supports a transition toward strong domestic capital pools and strategic partnerships that will shape the country’s path toward first oil and deeper local participation

WINDHOEK, Namibia, April 20, 2026/APO Group/ –Atlantic margin focused energy company Sintana Energy’s planned secondary listing on the Namibia Securities Exchange (NSX) has emerged as one of the most significant signals yet that Namibia’s oil and gas sector is entering a new phase of financial maturity. Announced in April 2026 at the Namibia International Energy Conference (NIEC) in Windhoek, the move aims to open direct participation in offshore exploration assets such as PEL 83 and PEL 87 to Namibian investors for the first time at scale.

 

At a moment when final investment decisions (FIDs) are approaching across multiple Orange Basin developments, the listing reflects a broader shift underway in Namibia’s energy landscape: capital is no longer flowing only into exploration, but increasingly into domestic market formation, local ownership and structured participation in the upstream value chain. As the voice of the African energy sector, the African Energy Chamber (AEC) supports this listing as a pivotal step toward deepening local ownership, expanding capital market participation and embedding Namibians directly in the country’s rapidly evolving upstream oil and gas sector.

 

“Where we are right now, we have a fierce urgency of NOW,” says NJ Ayuk, Executive Chairman, AEC. “You need to think about energy security. This goes across the board in Africa. Don’t make the mistake of thinking things are just going to happen, you have to become active. We have to make some bold choices and those bold choices need to come around stabilization terms, taxes and other fiscal decisions.”

 

At NIEC 2026, Sintana Energy positioned its upcoming NSX listing as a cornerstone of its long-term strategy to deepen Namibian participation in the upstream sector. Chief Executive Robert Bose emphasized that current market conditions, strong exploration success and evolving fiscal frameworks create a unique window to align capital markets with national development goals and broaden local investor involvement in key offshore assets.

 

As one of the country’s premier financial institutions, Standard Bank Namibia is expanding its energy-focused corporate and investment capabilities as offshore oil and gas activity accelerates, positioning itself as a key intermediary between global capital and domestic opportunity. The bank is increasingly involved in structuring financing solutions, advisory services, and public-private participation-linked transactions, while also deepening skills programs to build technical and financial expertise needed for large-scale upstream and infrastructure development across Namibia’s emerging energy value chain.

 

Standard Bank Namibia’s Head of Corporate and Investment Banking Nelson Lucas said that predictability and regulatory certainty are essential to unlocking investment in the oil and gas sector. He noted Namibia’s strong investor base, shaped by past listings, and emphasized opportunities to expand local capital market participation in supporting energy development.

We have to make some bold choices and those bold choices need to come around stabilization terms, taxes and other fiscal decisions

 

Furthermore, insurance company Old Mutual Investment Group Namibia is emerging as a key enabler of domestic institutional capital for the country’s energy build-out. The group manages diversified investment portfolios within Namibia’s financial system and is increasingly focused on infrastructure-linked opportunities tied to oil and gas development. Its role is centered on deepening local capital markets, supporting long-term project financing and strengthening investor confidence in the sector’s growth trajectory.

 

The group’s Managing Director Designate Sepo Haihambo underscored the scale of domestic financial capacity, noting that Namibia’s banking sector reached $187 billion in 2024. She emphasized that leveraging this local capital in infrastructure and energy projects is essential to crowding in international investment, strengthening confidence and ensuring balanced, sustainable sector growth.

 

With a high-impact exploration portfolio spanning multiple offshore licenses, including PELs 97, 99, 100 and 107, exploration company Eco (Atlantic) Oil & Gas is advancing its position in the Walvis Basin. In April 2026, the company farmed down a 60% stake to energy major bp, securing capital and technical backing ahead of a planned drilling campaign, as it targets significant deepwater prospects.

 

At NIEC 2026, Eco (Atlantic) CEO Gil Holzman highlighted how rapidly Namibia’s upstream landscape has evolved, pointing to a surge in major discoveries and investor interest. He stressed that the next phase must focus on enabling meaningful local participation, ensuring Namibians are integrated into the sector as development accelerates.

 

In the midst of these major financial and technical developments, financial institution Rand Merchant Bank (RMB) Namibia is positioning itself at the center of the country’s energy financing landscape, with a growing focus on structuring deals that balance international capital with local participation. As RMB Namibia’s Investment Banking Transactor Leonard Hamunyela noted, the bank sees significant opportunity in supporting Namibian companies across the oil and gas value chain, particularly through trade finance, project structuring and risk allocation frameworks tailored to large-scale energy developments.

 

As Namibia advances toward FID and first oil, the AEC maintains that aligning capital, policy and local participation will be decisive, ensuring the country’s oil and gas sector evolves into a globally competitive, investment-ready and inclusive engine of long-term economic growth.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Libya Energy & Economic Summit (LEES) 2027 to Define Libya’s Next Phase of Energy Expansion in Tripoli

Published

on

Returning for its fifth edition, LEES 2027 will advance Libya’s $18 billion energy pipeline, targeting 1.6–2 million bpd, gas megaprojects and renewables

TRIPOLI, Libya, June 4, 2026/APO Group/ –The fifth edition of the Libya Energy & Economic Summit (LEES) 2027 returns to Tripoli on January 23–25. Positioned as Libya’s landmark energy event, LEES serves as the country’s premier international platform for investment, technical collaboration and private sector engagement across oil, gas, power and renewables.

 

LEES 2027 builds directly on the outcomes of LEES 2026, which marked Libya’s shift from post-recovery stabilization to execution-led development. The 2026 edition established an estimated $18 billion pipeline of energy and infrastructure projects and repositioned the sector from ambition to delivery, setting the foundation for the 2027 summit’s execution-focused agenda.

 

A central focus for 2027 is upstream acceleration. The National Oil Corporation’s (NOC) 2026 licensing round introduced 22 on- and offshore exploration blocks, the country’s first in 17 years, alongside a mandate to drill 70 to 100 new wells annually. With support from the Ministry of Oil & Gas, LEES 2027 will evaluate initial seismic results, contract awards and the transition from exploration rights into operational development phases.

Production expansion remains a core investment theme. Libya’s output stabilized at approximately 1.4 million barrels per day (bpd) in 2026, with LEES 2027 targeting pathways toward 1.6 million bpd in the near term and a long-term ambition of 2 million bpd. The summit – endorsed directly by the NOC – will focus on infrastructure bottlenecks, field optimization and midstream capacity required to support higher output levels.

 

Gas monetization and large-scale infrastructure development will also feature prominently. Eni’s $8 billion offshore Structures A&E project remains on track for completion by late 2027, while discussions around Chevron-linked shale studies highlight potential resources estimated at 123 trillion cubic feet of gas and 18 billion barrels of oil across key basins, including Sirte, Murzuq and Ghadames.

Moving from licensing and planning into large-scale execution and infrastructure delivery, LEES 2027 is a focal point for this critical transformation in Libya’s energy sector

 

The sector aims to attract an estimated $3–4 billion in annual drilling investment following unified drilling regulations announced in 2026. LEES 2027 will assess early implementation outcomes, including operational safety, fiscal predictability and contract execution efficiency across upstream assets.

 

Meanwhile, Libya’s 4 GW solar roadmap is advancing, anchored by TotalEnergies’ 500 MW Sadada solar project. Supported by the Renewable Energy Authority of Libya as an institutional partner, LEES 2027 is expected to focus on financial close milestones, construction timelines and the scaling of independent power purchase structures within the national grid strategy.

 

Human capital development will also remain a strategic pillar at next year’s event, with the Energy JEEL initiative having trained more than 900 youth participants aged 15–35 in engineering, digital systems and energy operations, forming a national talent pipeline aligned with Libya’s long-term energy transition and industrial expansion goals.

Against this backdrop, LEES 2027 – which takes place at the Tripoli International Convention Center – will serve as the sector’s execution benchmark, converting licensing frameworks, infrastructure commitments and production targets into operational outcomes across hydrocarbons, power generation and next-generation energy systems.

 

“Moving from licensing and planning into large-scale execution and infrastructure delivery, LEES 2027 is a focal point for this critical transformation in Libya’s energy sector,” says James Chester, CEO of LEES 2027 organizer Energy Capital & Power. “It will be a defining platform where investment commitments from 2026 are translated into measurable production, capacity expansion and long-term energy security outcomes.”

 

Join industry leaders at the Libya Energy & Economic Summit 2027 in Tripoli and explore investment opportunities in one of Africa’s most dynamic energy markets. LEES 2027 offers a premier platform for partnerships, innovation and sector growth. Visit www.LibyaSummit.com to secure your participation. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com

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

Continue Reading

Energy

Congo Energy & Investment Forum 2027 to Position Brazzaville as a Hub for Global Energy Deal-Making

Published

on

The Congo Energy & Investment Forum will convene international investors, policymakers and industry leaders to advance energy partnerships and project development from June 1–3, 2027

BRAZZAVILLE, Congo (Republic of the), June 4, 2026/APO Group/ –The Republic of Congo will host the second edition of the Congo Energy & Investment Forum (CEIF) from June 1–3, 2027 at the Kintélé International Conference Center, under the official endorsement of the Ministry of Hydrocarbons, led by newly appointed Minister Stev Simplice Onanga. Organized by Energy Capital & Power (www.EnergyCapitalPower.com), the forum will bring together global investors, project developers and policymakers to accelerate investment across the country’s energy sector.

 

The event is expected to attract participation from leading international and regional institutions, including OPEC and African Petroleum Producers Organization, alongside energy ministers from across Africa. Delegations from Europe, Asia, the Middle East and the Americas, as well as national and international oil companies, financiers and technology providers, will be represented, positioning CEIF as a key platform for cross-border energy cooperation and deal-making.

As one of sub-Saharan Africa’s established oil producers and an emerging gas exporter, the Republic of Congo continues to expand its upstream and gas monetization activities. Growth is being driven by developments such as TotalEnergies’ Moho Nord and Marine XX assets, as well as ongoing activity by Trident Energy and Perenco across mature assets. In parallel, the phased rollout of Eni’s Congo LNG project, which targets up to 3 million tons of LNG per year, is strengthening the country’s position in global gas markets.

Alongside international operators, national oil company Société Nationale des Pétroles du Congo (SNPC), under the leadership of Director General Maixent Raoul Ominga, is advancing work on deepwater permits such as Nzombo, increasingly positioning itself as both a commercial operator and strategic partner in key developments, including mature asset redevelopment and emerging LNG-linked opportunities.

A central focus of CEIF 2027 will be deepening local content and in-country value creation, a key priority of Minister Onanga. With support from the African Energy Chamber, the forum will highlight policies and initiatives aimed at increasing participation by Congolese companies, building local workforce capacity and supporting technology transfer. Discussions will explore how international operators and service providers can partner with local businesses, ensuring that investment translates into long-term economic benefits and sustainable industry growth.

The Republic of Congo continues to enhance its investment framework through regulatory reforms supported by the Ministry and SNPC, including the implementation of a Gas Master Plan, the establishment of a national gas company and a new gas code designed to commercialize undeveloped resources and reduce flaring. These efforts are complemented by downstream and infrastructure developments, including refinery upgrades, petrochemical projects and expanding gas-to-power capacity.

With participation expected from more than 40 countries, hundreds of companies and over 3,000 delegates, CEIF 2027 will feature strategic conference sessions, technical workshops and high-level networking opportunities. The forum is set to play a central role in facilitating partnerships, advancing investment and reinforcing the Republic of Congo’s position as a competitive energy destination.

For more information, visit: www.CongoEnergyInvestment.com

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

Continue Reading

Energy

Prof. Benedict Oramah to Chair Finance Summit as African Energy Week (AEW) 2026 Prepares for Major Deal Flow

Published

on

Prof. Benedict Oramah joins African Energy Week 2026 at a pivotal moment for African energy financing, industrial development and infrastructure investment

CAPE TOWN, South Africa, June 3, 2026/APO Group/ –Prof. Benedict Oramah, former President and Chairman of the African Export-Import Bank (Afreximbank) and current Chairman of Africa Trading Minerals (ATMIN), will chair the African Energy Week (AEW) 2026 Finance Summit, taking place from October 12–16 in Cape Town. Oramah’s participation places one of Africa’s most influential development finance leaders at the forefront of discussions on energy investment, infrastructure financing and industrial growth, reaffirming the event’s role as the continent’s premier deal-making platform.

Taking place within the main strategic conference program, the AEW 2026 Finance Summit will address one of the most pressing challenges facing Africa’s energy sector: a lack of investment. With an annual energy investment gap estimated between $31 billion and $50 billion, the Summit will explore tangible strategies to mobilize private capital, expand development financing and unlock new avenues for domestic funding across the energy value chain. Oramah’s participation ensures these discussions remain central to the event.

Having previously led Afreximbank, Oramah played a pivotal role in positioning the institution as one of the continent’s most active financiers of strategic infrastructure and energy projects. The bank has been instrumental in supporting African-led energy development, including backing refining infrastructure, advancing regional trade integration and facilitating capital access for major projects. In recent years, the bank increased its capital base by $25 billion, enhancing its capacity to finance large-scale energy and infrastructure initiatives. It has also played a leading role in the development of the Africa Energy Bank (AEB), which is expected to begin operations in 2026 and deploy billions in capital toward African energy projects.

Prof. Benedict Oramah represents the type of leadership Africa needs as the continent works to finance its own energy future

Recent developments underscore Afreximbank’s continued role in financing African projects and highlight the importance of development finance in accelerating infrastructure rollout. South Africa joined Afreximbank in 2026, unlocking an $8 billion country program focused on energy, manufacturing and trade, alongside a $3 billion Transformation Fund aimed at supporting black-owned businesses and SMEs. Meanwhile, a new trading house – ATMIN – was launched in 2025 by a group of former Shell traders, with financial backing from Afreximbank.

The bank has underwritten $2.5 billion of a $4 billion syndicated term loan for Nigeria’s Dangote Petroleum Refinery; launched the African Continental Free Trade Area Adjustment Fund; introduced its flagship Accelerator Program to boost intra-African trade; and committed financing packages to Ecobank Zimbabwe, Egypt’s SAMCO and Malawi’s NBS Bank.

Afreximbank has also expanded its developmental mandate through initiatives such as the African Medical Center of Excellence (AMCE), reflecting the growing recognition that energy, healthcare and industrialization are interconnected pillars of long-term economic growth. The $300 million tertiary medical facility was developed in partnership with King’s College Hospital London, offering world-class services across oncology, hematology, cardiology and general medicine. The center officially opened in 2025.

“Prof. Benedict Oramah represents the type of leadership Africa needs as the continent works to finance its own energy future. His participation at AEW 2026 comes at a defining moment, as Africa strengthens energy security, expands industrial capacity and builds financing institutions capable of supporting long-term growth,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

AEW 2026’s Finance Summit is expected to serve as a key platform for advancing new financing structures, facilitating investment partnerships and accelerating commercially driven dealmaking across Africa’s energy sector. The Summit will focus on project bankability, African-led financing mechanisms, infrastructure investment, risk mitigation strategies and the evolving role of development finance institutions in supporting the continent’s energy expansion.

Distributed by APO Group on behalf of African Energy Chamber.

Continue Reading

Trending

Exit mobile version