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African Energy Chamber (AEC) to Launch State of African Energy 2026 Outlook at African Energy Week (AEW 2025)

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African Energy Chamber

In collaboration with S&P Global Commodity Insights, the report offers a guide for investors and project developers pursing opportunities in African energy

CAPE TOWN, South Africa, September 26, 2025/APO Group/ –The African Energy Chamber (AEC) (https://EnergyChamber.org/) – the voice of the African energy sector – will launch its latest outlook, offering strategic insight into the trends, opportunities and challenges of the African energy sector, at African Energy Week: Invest in African Energies on 30 September. Written in collaboration with data and analytics firm S&P Global Commodity Insights, the State of African Energy 2026 Outlook report offers a comprehensive view of various segments of the African energy value chain, from upstream market trends to mid- and downstream to gas and LNG to power, renewables and energy transition. At a time when African energy demand is expected to rise fourfold and energy investments will reach $54 billion by 2030, the outlook serves as a guide for financiers and project developers.

A key highlight of the 2026 outlook is a focus on Africa’s Upstream Outlook, with insights shared into exploration and production (E&P) trends, upcoming drilling campaigns and the emergence of new petroleum provinces in Africa. The outlook shows that Africa’s oil and gas production is expected to reach 11.4 million barrels per day (bpd) by 2026, with Nigeria at the forefront in terms of remaining recoverable resources. Global E&P capital expenditure is set to reach $504 billion by 2026, with Africa contributing around $41 billion, driven largely by expenditure in offshore prospects in Mozambique, Angola and Nigeria. As explorers look to make needle moving discoveries, the report shows that Africa’s abundance of immature and frontier basins are increasingly attracting exploration drilling with potentially game-changing high impact wells planned in countries such as South Africa, Namibia and Ivory Coast.

In the mid- and downstream sectors, Africa’s population and economy are expected to grow at a fast pace, driving demand for refined products. Africa’s refined product demand is projected to rise from ~4 million bpd in 2024 to over 6 million bpd by 2050, representing a 50% increase. Significant oil trading activity now takes place around Africa, mostly to sell crude oil and purchase/import refined products. However, the report shows that there is considerable opportunity to improve the efficiency of this and increase the value to Africa. More than $20 billion in investment is required in downstream infrastructure by 2050 to support the increasing need for refined product imports and distribution.

We are committed to helping Africa’s energy stakeholders navigate a complex and ever-changing global energy landscape

A section on Africa’s gas and LNG outlook provides an in-depth analysis of the market. According to the report, Africa’s gas potential is significant, buoyed by a raft of exploration successes in existing production hubs and frontiers with Africa producing more than 300 billion cubic meters of natural gas and accounting for 8.5% of global LNG supply (34.7 million tons) in 2024. The report outlines new LNG projects, including those in Angola, Senegal and Mauritania, while potential roadblocks to gas monetization and industrialization. Insights also cover domestic demand, the rise in FLNG solutions and gas flaring, thereby supporting decision-making by potential investors.

Beyond oil and gas, the report offers insights into Africa’s power and renewables sectors, showing that in 2025, the continent’s power demand is projected to increase from an estimated 1,028 TWh to 2,291 TWh by 2050. The report shows that the continent is witnessing a significant shift towards renewable energy sources, with ~25 GW of capacity procured by governments as of 2024. Additionally, ~11 GW has been secured through private offtake agreements. Africa’s commitment to renewable energy sources presents significant opportunities for investment and innovation. Over 2020-2025, the continent invested $34 billion in clean power technologies, with 52% allocated to solar energy and 25% to onshore wind. Natural gas is projected to account for 45% of total power generation by 2050.

Meanwhile, insights into Africa’s energy transition shows emerging implications for the continent. By 2060, Africa’s population is projected to rise to 28% of the global total, yet its share of energy-related emissions is expected to remain modest at just 9%, reflecting both the continent’s low per capita energy use and the opportunity to pursue a low-carbon development pathway. As such, the report shows the impact of emissions regulations, opportunities in carbon trade and the value of an integrated approach to energy development in Africa. Through these insights, the AEC’s State of African Energy 2026 Outlook represents a vital tool for investors.

“2025 has been a year of unprecedented challenges, and the trials and tribulations have made the AEC’s work more important now than ever. We are committed to helping Africa’s energy stakeholders navigate a complex and ever-changing global energy landscape. We will continue our mission to support the dynamic private sector and unlock the continent’s remarkable energy potential,” states NJ Ayuk, Executive Chairman of the AEC.

Distributed by APO Group on behalf of African Energy Chamber.

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Afreximbank Backs DOTT Services Limited, Uganda with a US$28 Million Facility for Regional Engineering, Procurement and Construction (EPC) Projects

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The financing will enhance DOTT’s capacity to execute strategic projects across the continent, facilitate intra-African trade in goods and services and strengthen regional value chains

CAIRO, Egypt, November 4, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has activated and approved a US$28 million dual-tranche facility for DOTT Services Limited, the leading Uganda-based engineering, procurement and construction (EPC) contractor, and has begun disbursing funds to support the execution of its EPC projects pipeline, valued at more than US$550 million.

 




 
 

Provided under Afreximbank’s EPC Contract Promotion Initiative, the facility is designed to strengthen the capacity of African EPC champions to secure and execute large-scale infrastructure projects across the continent. Specifically, the financing will support DOTT Services Limited in executing contracts and pursuing near-term opportunities valued at approximately US$550 million across Uganda, Tanzania, Kenya and the Democratic Republic of Congo.

Commenting on the transaction, Mr. Humphrey Nwugo, Director of Regional Operations at Afreximbank’s Eastern Africa office, said:

Through the initiative, the Bank provides support, including financing, twinning and matchmaking

“This facility reflects Afreximbank’s commitment to building strong African EPC champions capable of delivering the infrastructure that underpins Africa’s industrialisation, trade and economic integration. By supporting DOTT Services Ltd, a well-established regional contractor with operations across five African countries, we are addressing a critical financing gap that has historically constrained the ability of African firms to participate meaningfully in large-scale, cross-border infrastructure projects.

The financing will enhance DOTT’s capacity to execute strategic projects across the continent, facilitate intra-African trade in goods and services and strengthen regional value chains. It also advances Afreximbank’s EPC Contract Promotion Initiative, which seeks to increase African participation in the development and delivery of Africa’s infrastructure.

Through partnerships such as this, we are ensuring that greater value, expertise, employment opportunities and economic benefits are retained within Africa while fostering the emergence of globally competitive African contractors.”

Mr. Nwugo further noted that most local commercial banks lacked the capacity to support intra-African and regional projects because they were poorly placed to absorb the associated cross-border risks, while international banks tended to prioritise non-African contractors. As a result, African entities were often left without adequate financial support.

He said: “Afreximbank’s EPC Initiative was therefore designed to address this challenge by supporting African EPC contractors in securing and executing a greater share of infrastructure contracts across the continent. Through the initiative, the Bank provides support, including financing, twinning and matchmaking, as well as issuing letters of support, among others”, he explained.

DOTT Services Limited presence in Africa spans 28-years, with operations in Uganda, Tanzania, South Sudan, Zambia, and the Democratic Republic of Congo (DR Congo). It also has European offices in Italy and the UK, and a workforce of over 6,000 people. The company procures from, and distributes to, African countries goods such as bitumen, asphalt, steel and spare parts, as well as yellow goods equipment and services, making it a significant player in intra-African trade. Its track record of promoting trade-supporting infrastructure across the continent makes it a natural partner for Afreximbank’s EPC Contract Promotion Initiative, which seeks to build African EPC champions capable of delivering the infrastructure that underpins intra-African trade.

Distributed by APO Group on behalf of Afreximbank.

 

 




 

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Coca-Cola Beverages Africa (CCBA) invests in Africa’s leadership potential through EDGE

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Developed in partnership with Henley Business School Africa, the programme equips high-potential leaders with the skills, experiences and perspectives needed to drive growth, create value and deliver impact across the business

JOHANNESBURG, South Africa, November 4, 2026/APO Group/ –Thirty-one leaders from across 12 African countries have graduated from Coca-Cola Beverages Africa’s (CCBA) (https://www.CCBAgroup.com) EDGE Senior Leadership Acceleration Programme, marking the completion of the programme’s second generation and the first pan-African EDGE cohort.

 




 
 

Created by CCBA, EDGE is the company’s flagship senior leadership development programme. Building on previous participation from The Coca-Cola Company, the programme was further expanded in 2026 to include leaders from Equatorial Coca-Cola Bottling Company and Coca-Cola Hellenic Bottling Company, creating a broader pan-African learning experience across the Coca-Cola system.

Developed in partnership with Henley Business School Africa, the programme equips high-potential leaders with the skills, experiences and perspectives needed to drive growth, create value and deliver impact across the business.

The 2026 cohort marks an important milestone for EDGE as the programme brought together leaders from across the Coca-Cola system

The graduating cohort represented leaders from multiple countries and business functions. Through classroom learning, business projects, mentoring and coaching, participants gained practical experience in addressing real business opportunities and challenges.

With CCBA serving more than 840,000 customers across Africa, the company requires leaders who can navigate complexity and create value in diverse markets. EDGE helps build these capabilities through practical, business-focused learning.

“People are at the heart of everything we do, and programmes like EDGE demonstrate our commitment to investing in their growth and future success,” said Natasa Prodanovic, Chief People and Culture Officer at CCBA.

“The 2026 cohort marks an important milestone for EDGE as the programme brought together leaders from across the Coca-Cola system. By learning alongside colleagues from The Coca-Cola Company, Equatorial Coca-Cola Bottling Company and Coca-Cola Hellenic Bottling Company, participants were able to build meaningful connections, share diverse perspectives and strengthen collaboration across our markets.”

The curriculum focused on strategy, value creation, transformation, commercial decision-making, leading self and leading teams. Participants also presented business projects aligned to organisational priorities as part of the programme’s graduation requirements.

EDGE forms part of CCBA’s broader commitment to developing future leaders and building the capabilities needed to drive sustainable growth and impact across Africa.

Distributed by APO Group on behalf of Coca-Cola Beverages Africa.

 

 




 

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Africa and Caribbean trade potential could reach $1.65 billion annually by 2030: International Trade Centre (ITC)-Afreximbank report

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The report finds that around 80% of Africa’s annual goods export potential to the Caribbean remains untapped

ST. JOHN’S, Antigua and Barbuda, November 3, 2026/APO Group/ –Annual trade in goods and services between Africa and the Caribbean could reach up to $1.65 billion by 2030, excluding mineral fuels, according to a new report launched today by the International Trade Centre (ITC) and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) on the sidelines of the Commonwealth Heads of Government Meeting in Antigua and Barbuda.

 




  

The report, Reshaping Africa-Caribbean Trade: Opportunities for Economic Transformation, (https://apo-opa.co/4eiz62u) finds that while Africa and the Caribbean share deep historical and cultural links, trade between the two regions continues to represent only a small share of each region’s overall trade, despite complementarities across sectors ranging from agribusiness and manufacturing to services and the creative economy.

A look at the numbers

The report finds that around 80% of Africa’s annual goods export potential to the Caribbean remains untapped, with are significant opportunities for export growth if trade and investment is actively promoted and facilitated.

Africa and the Caribbean must transform a shared history into shared prosperity

Caribbean export potential lies in the services sector, reaching $481 million. The report identifies business opportunities across several priority sectors, including processed food and animal feed, chemicals, minerals and metals, apparel and textiles, leather and footwear, tourism, transport services and creative industries.

These findings – and more – are based on trade and export potential analysis, detailed sector assessments and a survey of 1,175 businesses and business support organizations across Africa and the Caribbean.

Tapping into priority sectors

ITC Executive Director Pamela Coke-Hamilton (https://apo-opa.co/3WHHZMU), in launching the report, said: ‘At a time of major shifts in global trade, countries need to strengthen regional ties and invest in value addition, to build resilience. We know the major trade opportunities between Africa and the Caribbean – and now we can focus on helping businesses take advantage of those opportunities through better market intelligence, improved logistics and greater access to finance.’

Commenting on the report, Denys Denya, Senior Executive Vice President at Afreximbank, said: ‘Africa and the Caribbean must transform a shared history into shared prosperity. With our CARICOM office in Barbados, about $1 billion in approved transactions and a $5 billion regional financing commitment, Afreximbank is advancing this vision through financing, deposit mobilization under CENDEP, business links through the annual Afri-Caribbean Trade and Investment Forum, local-currency payments through CAPSS and creative-industry collaboration through CANEX. This report offers a practical roadmap to turn untapped potential into bankable opportunities across agribusiness, manufacturing, tourism and the creative economy. Through targeted financing, stronger transport and logistics links and strategic partnerships, we can build a Global Africa connected by heritage, trade, investment and shared opportunity.’

The report finds that businesses continue to face significant challenges, including high transport costs, limited direct shipping links, regulatory barriers, limited access to finance and difficulties in identifying trusted commercial partners. It highlights that future economic cooperation should extend beyond traditional trade in goods, including through joint investment ventures, digital services, creative industries and tourism. It also calls for targeted action to improve market intelligence and business matchmaking; expand access to trade finance and payment solutions; strengthen transport and logistics connectivity; support sector-specific value chain development; improve regulatory cooperation and market access; and foster stronger partnerships among business support organizations.

Read the full report HERE (https://apo-opa.co/4exHBH9)

Distributed by APO Group on behalf of Afreximbank.

 




 

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