Connect with us
Anglostratits

Business

African Energy Chamber (AEC) Visits Nyanga PayGas Station, Reaffirms Commitment to Drive Gas Industry Growth and Clean Cooking

Published

3 years ago

on

PayGas

The African Energy Chamber, through cooperation with gas market stakeholders and platforms such as African Energy Week, will continue to drive best industry practices while investments into projects for Africa’s development

JOHANNESBURG, South Africa, March 15, 2023/APO Group/ — 

An African Energy Chamber (AEC) (www.EnergyChamber.org) delegation – comprising Verner Ayukegba, Senior-Vice President, AEC and Ray Tanyi, Consultant, AEC – led by NJ Ayuk, Executive Chairman of the AEC, conducted a site visit to Nyanga PayGas Station – a liquefied petroleum gas (LPG) project located in the Nyanga community area of Cape Town – on the side lines of the African Refiners & Distributers Association (ARDA) 2023 annual conference taking place in Cape Town.

The visit was aimed at exploring and showcasing developments within Africa’s downstream sector, the AEC’s commitment to ensuring energy security, access and affordability for ordinary South Africans on the back of optimal gas exploitation, and the role of LPG and the overall gas sector in making energy poverty history across the African continent by 2030.

Supported by ENGIE and chemical industry company Afrox, Nyanga PayGas Station is a small-to medium-scale LPG business advancing Africa’s clean cooking agenda through the provision of affordable LPG for residential consumers and small businesses in the Nyanga community. Established in 2019 by Founder and CEO Philippe Hoeblich, Nyanga PayGas Station is playing a crucial role in accelerating and providing affordable clean cooking to ordinary South Africans at a time when the country is facing high energy prices and critical energy shortages, with up to 8 hours of interruptions to the country’s grid network being experienced per day. While the business is selling up to 15 tons of LPG per month, with 90% of the clients being women, the project demonstrates the role of Africa’s vast, yet untapped gas resources in empowering women and driving Africa’s economic expansion and energy sector stability.

With over 900 million people across Africa living without access to clean cooking, Africa’s 620 trillion cubic feet of proven gas reserves present an opportunity for the continent to address its energy security and affordability challenges, as well as climate sustainability needs.

Africa needs to invest more in LPG to achieve its clean cooking targets, reduce deforestation, improve quality of life for citizens and drive opportunities for youths and women

During the visit, the AEC delegation and Nyanga PayGas Station leadership discussed investment opportunities across the country’s downstream sector, market challenges for small to medium downstream players and best practices to accelerate industry growth.

With a lack of adequate investments and regulatory hurdles the biggest disruptors of the sector, according to Philippe Hoeblich, “The right regulations are needed to allow micro filling in a safe way. With the right policies in place, we will be able to scale up. We don’t need costly infrastructure. With the right policy framework in place, the industry is able to provide access to energy to 100 million Africans in less than 10 years. The crucial role of gas in driving African economies is immense. We cannot cook with solar but we can clean cook using gas.”

Commenting on the need for Africa to maximize investments in gas and LPG development, Ayuk, stated that “Green hydrogen and renewables won’t fix Africa’s energy problem of lack of access to clean cooking. We cannot wait for green hydrogen to become mainstream while people cut down trees and use charcoal, which is harmful to their health and the environment, to meet cooking demands. We must look at exploiting the practical solutions we have now, which is gas. Africa needs to create an enabling environment providing support to small businesses like Nyanga PayGas to thrive. That is the way we will be able to address energy poverty, provide clean cooking solutions, support energy reliability and drive growth across the African economy.”

The Chamber, as the voice of the African energy, is committed to maximizing collaboration amongst Africa’s downstream sector players with both private and public sector institutions and global investors to optimize the continent’s LPG supply chain. In this regard, AEC’s African Energy Week (AEW) conference and exhibition – Africa’s premier gathering for energy policymakers, stakeholders and global partners – taking place from 16-20 October in Cape Town, will explore opportunities across entire gas ecosystem and how best Africa can accelerate investments and industry growth to address the continent’s primary energy issues.

“Africa needs to invest more in LPG to achieve its clean cooking targets, reduce deforestation, improve quality of life for citizens and drive opportunities for youths and women. Partnership among industry players is crucial to enhance sector know-how and market growth. The Chamber will continue with its mandate of facilitating collaboration and driving investments in the sector. This is what this year’s AEW conference will be about,” reiterated Ayukegba.

Through high-level panel discussions, exclusive networking and investment forums, AEW 2023 will showcase investment opportunities within Africa’s burgeoning gas and LPG industry while maximizing the industry’s entire ecosystem.

Distributed by APO Group on behalf of African Energy Chamber.

Related Topics:
Continue Reading
Advertisement

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

Published

2 days ago

on

February 6, 2026

By

Debate

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

Continue Reading

Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

Published

2 days ago

on

February 6, 2026

By

CLG

After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

Continue Reading

Business

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

Published

2 days ago

on

February 6, 2026

By

ITFC

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

Continue Reading

Trending