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African Energy Week (AEW) 2023 Shines a Spotlight on Equatorial Guinea’s Regional Gas Ambitions

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African Energy Week

An Invest in Equatorial Guinea Energies session at African Energy Week 2023 examined the country’s current partnerships and future investment needs, with an emphasis on natural gas monetization

CAPE TOWN, South Africa, October 19, 2023/APO Group/ — 

African Energy Week (AEW) 2023 featured an Invest in Equatorial Guinea Energies strategic session on Thursday, examining the West African country’s partnerships and investment needs, while showcasing the success of its energy sector to date.

Sponsored by national oil company (NOC), GEPetrol, the session commenced with opening remarks from Equatorial Guinea’s Minister of Mines and Hydrocarbons, Antonio Oburu Ondo, who emphasized the country’s ongoing investment drive and receptive operating environment.

“We are open for business, we are open to host new investors and we are inviting you to be very pragmatic when you approach Equatorial Guinea,” said Minister Ondo.

The session discussed Equatorial Guinea’s burgeoning role as a regional hub for gas liquefaction and distribution. Under its flagship Gas Mega Hub development, the country has laid the foundation to monetize stranded gas resources in both domestic and regional basins, supported by both public and private sector actors. 

“Our main objective is to do business and maximize the profitability of our company, but on the other hand, as the NOC, we have to make sure that the policies are successfully implemented. Therefore, we are acting as an intermediary between companies and the government,” stated Teresa Isabel Nnang Avomo, Managing Director for GEPetrol.

“We work to support oil and gas and we work to support the government,” stated Dr. Nosa Omorodion, Director of National Directorates and Independents for West Africa at SLB.

The speakers discussed the favorable business and investment environment in Equatorial Guinea, highlighting its comprehensive and energy-specific legislative and regulatory frameworks as key pillars for exploration and production activities in the country.

“Kosmos is part of the success of the oil and gas industry in Equatorial Guinea,” stated Fidel Envo, Vice President and Country Manager of Equatorial Guinea for Kosmos Energy. “We are committed to Equatorial Guinea and have long-term plans for the exploration sector.”

When service companies want to come to Equatorial Guinea, they should not be worried that they are meeting the right companies

“We have operated in Equatorial Guinea since the 2000s and have seen a lot of pragmatism in the country,” affirmed Sebastian Wagner, Managing Director for Atlas Petroleum.

“Our objective is to narrow the gap between Final Investment Decisions and Annual Operating Income,” stated Serafin Ncogo Eyang, Strategic Planning Manager for Liquefied Natural Gas company, EG LNG.

With over five trillion cubic feet of proven natural gas reserves and a strong infrastructure base, Equatorial Guinea has been making significant strides towards establishing itself as a regional gas processing hub. Under the country’s GMH initiative, the government has partnered with a strong slate of foreign energy firms to scale-up project developments and unlock untapped reserves across West Africa.

“In Equatorial Guinea, we are well known for flexibility,” stated Oscar Garcia Berniko, Director of Equatorial Guinea’s Ministry of Mines and Hydrocarbons. “We are also open to consider special fiscal terms depending on the particular block an investor might be interested in.”

“The key component of our role is to put together a project that is going to work, where the capital is understood and where the whole system is well understood,” stated Scott Childres, Director of Mid-Africa for Chevron. “This helps partners engage in bilateral agreements.”

Positioned as a sustainable energy solution, natural gas has taken on a pivotal role as a catalyst for diversified and industrialized growth in Equatorial Guinea. The panel highlighted local content development, value addition and localization as imperatives when it comes to natural gas exploration and development. 

“We are the product of local content in Equatorial Guinea,” stated Pablo Memba, CEO of Grupo Memba. “When service companies want to come to Equatorial Guinea, they should not be worried that they are meeting the right companies. They should be confident in the country as an established and secure investment decision.”

As global interest in African gas heightens, Equatorial Guinea’s strong regulatory foundation, commitment to mutually beneficial investment terms and wealth of opportunities are poised to unlock further development prospects for the country. Additionally, with local content, regional cooperation and technology development at its core, the country’s ambitions to become a regional energy hub are set to drive the next wave of sustainable growth in West Africa.

#AEW2023 takes place this week in Cape Town under a mandate to make energy poverty history by 2030. The conference and exhibition serves as the biggest gathering of energy stakeholders and policymakers on the continent and is organized by the voice of the African energy sector, the African Energy Chamber. Keep following www.AECWeek.com for more exciting information and updates about Africa’s premier energy event.

Distributed by APO Group on behalf of African Energy Chamber.

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Dongfeng Motor’s 10th Science and Technology Innovation Week and 1st User Lifestyle Festival Kick Off in Wuhan

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September 24, 2026

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Dongfeng

Over the course of ten editions spanning a decade, Dongfeng Motor’s Science and Technology Innovation Week has further strengthened the connection between technology and users

WUHAN, China, September 24, 2026/APO Group/ –On September 14, Dongfeng Motor’s (​http://www.Dongfeng-Global.com/) 10th Science and Technology Innovation Week and 1st User Lifestyle Festival kicked off in Wuhan. With the theme “ Wind from the East, Creating a Smart Life,” the event showcased the innovative achievements of a Chinese automaker in intelligent and green mobility, as well as its global expansion.

 




 
 

At the opening ceremony, Dongfeng Motor unveiled the “Sky-Clean Zero-Carbon” Plan, the Embodied Intelligent Vehicle All-Domain Protection Plan, and the “Sky Horizon Voyage” Plan. Among them, the “Sky-Clean Zero-Carbon” Plan leverages the “1331” framework to build an integrated vehicle-energy ecosystem, aiming to achieve more than 1 million tonnes of coordinated carbon reduction annually and promote the transformation of automobiles into mobile energy assets; the Embodied Intelligent Vehicle All-Domain Protection Plan adopts a “1+6+4” technology system to establish a new paradigm for all-domain vehicle safety in the era of embodied intelligence; the “Sky Horizon Voyage” Plan establishes a “125” global business strategy, with plans to invest RMB 50 billion and launch more than 50 vehicle models, while striving to achieve overseas sales of 1.5 million vehicles by 2030.

 

Over the course of ten editions spanning a decade, Dongfeng Motor’s Science and Technology Innovation Week has further strengthened the connection between technology and users. At Dongfeng Motor’s 1st User Lifestyle Festival, more than 240 owner representatives from its various brands gathered in Wuhan. Dongfeng also launched the “Dongfeng Youxin” service brand for its broad user base, establishing a full-lifecycle user service system.

On the same day, the 72nd International Commercial Vehicle and Parts Exhibition opened in Hannover, Germany. Three Dongfeng hydrogen-powered vehicles and a 400-kilowatt fuel cell making its global debut are on display at Booth C20 in Hall H12.

Distributed by APO Group on behalf of Dongfeng Motor Corporation.

 

 




 

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Global Mayors Dialogue in Wuhan focuses on urban innovation and cooperation

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7 hours ago

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September 24, 2026

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The Global Mayors Dialogue

WUHAN, CHINA – Media OutReach Newswire – 23 September 2026 – The Global Mayors Dialogue · Wuhan and the 2026 Wuhan International Friendship Cities Cooperation Conference, held from Sept. 18 to 21, brought together 80 international guests from 24 cities across 22 countries, according to organizers.

At the event, mayors and city representatives from six international sister cities of Wuhan called for closer cooperation in technology, industry, education and culture.

Representatives from Manchester in Britain, Kemi in Finland, Cape Town in South Africa, Yangon in Myanmar, Rzeszów in Poland and Turkistan in Kazakhstan took part in discussions on urban innovation, industrial cooperation and cultural exchange.
 




 
Manchester: a new start after 40 years of friendship

This year marks the 40th anniversary of the sister-city relationship between Wuhan and Manchester.

Shaukat Ali, lord mayor of Manchester, said the city was ready to deepen cooperation with Wuhan in education, culture, youth affairs, innovation and industry.

“Manchester is committed to promoting urban transformation through open cooperation, sharing opportunities, and fostering common development with international sister cities like Wuhan,” he said.

Ali said Manchester had developed from a post-industrial city into an innovation-oriented economy, with a focus on advanced manufacturing, artificial intelligence, life sciences and green technologies.

He said the two cities could share experience in urban transformation, innovation districts, university-industry cooperation and low-carbon development, while encouraging links among universities, businesses and research institutions.

He also highlighted existing educational and cultural links, including cooperation between Hubei University and Manchester Metropolitan University and exchanges between the Royal Northern College of Music and Wuhan Conservatory of Music.

Kemi: balancing growth with environmental protection

Mikko Koivulehto, chairman of the City Council of Kemi, said the Finnish city sought to balance economic growth with environmental protection.

“We believe that protecting nature and building a prosperous city can go hand in hand,” he said.

Kemi, a port city in Finnish Lapland, has developed industries based on renewable raw materials, clean energy and the bioeconomy. The city is also seeking to expand tourism and improve livability.

This year marks the 10th anniversary of the friendly exchange relationship between Wuhan and Kemi. The two cities have cooperated in areas including trade, the circular economy, tourism and youth exchanges.

Cape Town: technology and jobs key to urban transformation

Lungelo Mbandazayo, city manager of Cape Town, said technological innovation, talent development, infrastructure and green renewal were key to Wuhan’s transformation.

Cape Town, a UNESCO City of Design, is seeking to expand its technology and digital sectors while promoting green technology and an inclusive economy.

Mbandazayo said youth unemployment remained a major challenge for Cape Town and that technological development needed to create jobs.

After visiting Wuhan companies and technology facilities, he said Cape Town hoped to deepen exchanges with Wuhan in technology and talent.

Yangon: seeking practical cooperation with Wuhan

Yangon Mayor Myo Myint Aung said the city was looking to Wuhan for experience in smart-city development, digital governance, intelligent transport and urban resilience.

Wuhan and Yangon signed a letter of intent on friendly exchanges and cooperation during the event.

Yangon is developing a long-term plan to accommodate population growth and expand its urban, industrial and transport infrastructure.

During a visit to Wuhan on Sept. 19, Myo toured the Optics Valley “Photon” suspended monorail, HGTECH and a Xiaomi smart home appliance factory.

“We came to Wuhan not just to observe, but to learn and cooperate,” he said, adding that Yangon hoped to develop smart manufacturing and strengthen cooperation in information technology.

Rzeszów: opportunities in aerospace and technology

Rzeszów Mayor Konrad Fijołek said the Polish city hoped to cooperate with Wuhan in aerospace, sensor technology, biodiversity and climate action.

Rzeszów is home to the “Aviation Valley,” a major aerospace cluster in Central Europe.

“Exploring cooperation with Wuhan is the reason I came here,” Fijołek said.

After visiting HGTECH and a Xiaomi smart home appliance factory, he said Wuhan’s automated manufacturing and technologies in sensors and satellite systems had impressed him.

He said cities could help connect universities, businesses and research institutions and promote international cooperation.

Turkistan: five areas for cooperation

Turkestan Mayor Azimbek Pazylbekuly said his city hoped to expand cooperation with Wuhan in tourism and culture, education and science, investment and entrepreneurship, digitalization and innovation, and transport and logistics.

Wuhan and Turkistan signed a memorandum of intent on friendly exchanges and cooperation during the event.

Turkistan, an ancient Silk Road city and a UNESCO World Heritage site, has been developing industries including food processing, textiles, furniture and construction materials.

Pazylbekuly said cooperation between governments, businesses, universities and research institutions could help turn the two cities’ exchanges into concrete projects.

The conference also included friendship-city anniversary celebrations and a signing ceremony for 10 cooperation projects. A digital list of cooperation opportunities and an initiative on international friendship-city cooperation were released.

During their stay, the visiting mayors toured Wuhan’s technology, manufacturing and ecological facilities, including the Optics Valley suspended monorail, a Yangtze finless porpoise conservation center, Xiaomi, HGTECH and Dongfeng Motor facilities.
  




 

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Binance Invests $100 Million in Circle, Expands Strategic Partnership and Renews for Five Years

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7 hours ago

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September 24, 2026

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Binance

New five-year agreement focuses on promotion of USDC globally

JOHANNESBURG, South Africa, September 23, 2026/APO Group/ –Binance (www.Binance.com) today announced a $100 million equity investment in Circle Internet Group, Inc. (NYSE: CRCL) and the expansion and renewal of its strategic partnership to promote USDC across Binance’s global platform. The new arrangement has a term of five years.

Together, we see incredible opportunities to leverage USDC to expand dollar access, support savings and investment with innovative digital asset products

Under the expanded partnership, Binance will promote USDC across its global platform, especially in emerging markets. Circle will provide the infrastructure services that support holding and using USDC.

 




  

In connection with the partnership, Binance purchased $100 million worth of shares of Circle Class A common stock, through a private placement at a purchase price reflecting a five percent discount to the market price of CRCL prior to closing.

“Circle has earned its place as one of the most credible issuers in the world spanning USDC, Arc and the infrastructure reshaping how value moves across borders. Our $100 million investment and five-year commitment represent long-duration conviction,” said Richard Teng, co-CEO of Binance. “We are helping to build a more inclusive, transparent, and compliant digital economy. A stable, trusted digital dollar should not be a privilege–it should be available to anyone with a phone. That’s the future this partnership is designed to deliver.”

“Binance has built one of the largest and most dynamic platforms in the world for using digital currency, creating the internet’s largest financial super app, and becoming the most widely used wallets in the world for dollar stablecoins,” said Jeremy Allaire, Co-founder, Chairman and CEO of Circle. “Together, we see incredible opportunities to leverage USDC to expand dollar access, support savings and investment with innovative digital asset products, and reach people and businesses throughout global emerging markets.”

Distributed by APO Group on behalf of Binance.

 

 




 

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