Connect with us
Anglostratits

Business

African Energy Week 2022 to Host Youth Energy Roundtable in Collaboration with the AfCFTA Youth Forum

Published

4 years ago

on

African Energy Week

The roundtable discussion aims to empower young Africans, recognizing the role the youth play as drivers of the African energy transition

JOHANNESBURG, South Africa, September 16, 2022/APO Group/ — 

The African Energy Chamber (AEC), in collaboration with the African Continental Free Trade Agreement (AfCFTA) Youth Forum, will host a Youth Energy Roundtable discussion during this year’s edition of African Energy Week (AEW) (AECWeek.com) – taking place from October 18-21, 2022 in Cape Town. During the forum, discussions will largely center on the role of energy and power; kickstarting trade; and driving sustainability on the back of improved participation by the continent’s youth.

With energy representing the backbone of every economy, prioritizing the investment and development of Africa’s energy and power sectors is key. Currently, one of the biggest threats to the African continent is energy poverty, with 75% of those without access to electricity globally living in sub-Saharan Africa. However, the continent also represents one of the richest globally in terms of energy. Over 125 billion barrels of oil and 620 trillion cubic of natural gas, coupled with abundant renewable energy resources, have well positioned the continent to make energy poverty history by 2030. As such, in order for the continent to develop, industrialize and strengthen its economies, while ensuring the population has reliable, affordable and sustainable access to electricity, capitalizing on this resource wealth, as well as the continent’s biggest asset: the youth, is critical.

The African continent’s energy transition must speak to Africa’s reality and not limit the continent’s ability to develop and grow

In order for the continent to develop and monetize its resources, recognizing the role the youth play as drivers will enable Africa to fast track its development. Representing one of the most capable and willing workforces globally, Africa’s youth is set to usher in a new era of innovation, investment and business, not just across the upstream, midstream and downstream energy industries but across every facet of the value chain. In the trade sector, for example, an industry with one of the highest potentials for growth on the continent, the youth have and will continue to play a significant role. With the AfCFTA having been implemented in January 2021, new opportunities have arisen for the free trade of goods and services, opening up new prospects for employment, skills development and solving the unemployment crisis evident across the continent’s youth. Specifically, in the hydrocarbon, mining and power sectors, the AfCFTA, leveraged by the youth, will unlock new opportunities for growth and development across the continent, and already a number of organizations and stakeholders are providing the support needed to drive trade. The African Export-Import Bank, the Development Finance Institution and the International Finance Corporation, for example, continue to be instrumental funding partners for the continent’s youth. As new financial institutions are formed, these opportunities are set to increase multifold.

Meanwhile, at a time when the need to transition to a cleaner energy future is being prioritized globally, driving youth-led innovation and development will ensure the continent’s transition is not achieved at the risk of development. For Africa, oil and gas will continue to play a significant role in powering economies, industrializing the continent and making energy poverty history by 2030. While renewables will play a key role, it is clear that the transition needs to be implemented in a just and equitable manner. Stepping into this picture, Africa’s youth represent the drivers of Africa’s energy transition as they are well positioned to ensure the transition is well-balanced, prioritizing both people and the planet.

“The African continent’s energy transition must speak to Africa’s reality and not limit the continent’s ability to develop and grow. Africa’s youth is its strongest asset, and as such, they should be front and center of every energy-related decision as well as the energy transition. For a continent rich with a variety of natural and mineral resources, and now having the tools to expand intra-African trade through the AfCFTA, ensuring youth are at the forefront of development will translate into long-term, sustainable and beneficial growth,” states NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC), adding that, “It is in this context that we will host the Youth Energy Forum at AEW 2022 to empower the youth to seize opportunities, drive progress and lead the energy transition.”

The solution to making energy poverty history by 2030 lies in the continent’s young population. For Africa, a continent with the youngest and fastest growing population globally, unlocking the true potential of the youth will trigger newfound growth and innovation. As such, the AEW 2022 Youth Energy Forum will drive this very narrative, focusing predominantly on the capacity of the youth to expand energy and power-related sectors.

Distributed by APO Group on behalf of African Energy Week (AEW).

Related Topics:
Continue Reading
Advertisement

Energy

Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

Published

11 hours ago

on

August 10, 2026

By

Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

Continue Reading

Business

Islamic Development Bank Institute (IsDBI) Secures New Patent for Smart Stabilization System from Intellectual Property Office of Singapore

Published

12 hours ago

on

August 10, 2026

By

IsDBI

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility

JEDDAH, Saudi Arabia, August 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) is pleased to announce that the Intellectual Property Office of Singapore (IPOS) has granted a new patent for its innovative Smart Stabilization System.

 

The patent was granted on 10 July 2026 under Singapore Patent No. 10202250873B for the invention titled “A Computer Network Stabilization System and Method.” The patent application was filed on 1 September 2022 and was formally granted following a comprehensive review process.

This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development

The Smart Stabilization System is a pioneering digital market infrastructure designed to stabilize asset markets by intelligently managing supply-demand gaps and mitigating excessive volatility. Leveraging sophisticated algorithms and advanced simulation models, the system is designed to anticipate supply and demand imbalances and implement programmable stabilization measures before they escalate into market disruptions.

Unlike traditional stabilization mechanisms that rely on capital reserves, buffer funds, or external interventions, the Smart Stabilization System introduces a next-generation framework for achieving autonomous market stabilization through proactive and programmed stabilization mechanisms. By incorporating distributed ledger technology and cryptographic trust mechanisms, the platform enhances transparency, trust, and operational resilience for digital asset and commodity markets.

The successful patent grant reflects IsDBI’s growing contribution to technological innovation and its commitment to developing knowledge-based solutions that address contemporary economic and development challenges.

Since filing the patent application back in 2022, the Institute has continued to advance the Smart Stabilization System through ongoing development and testing, aimed to expand its practical applications and support future capitalization opportunities. These advancements have positioned the system as a potentially transformative solution for enhancing stability and resilience in increasingly digital and interconnected economies.

Commenting on this occasion, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said, “The grant of this patent by the Intellectual Property Office of Singapore further strengthens the Institute’s position as a leader in developing innovative knowledge-based solutions that leverage modern technologies to address complex development challenges. This achievement reflects our commitment to translating pioneering research into practical solutions that contribute to economic resilience and sustainable development.”

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

Continue Reading

Business

Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

Published

3 days ago

on

August 7, 2026

By

The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

Continue Reading

Trending