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African Energy Week (AEW) 2023 Welcomes UTM Offshore as Official Sponsor of the Invest in Nigeria Energies Spotlight

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African Energy Chamber

The African Energy Chamber is proud to announce UTM Offshore as the official sponsor of the Invest in Nigeria Energies forum, taking place during African Energy Week 2023

JOHANNESBURG, South Africa, August 18, 2023/APO Group/ — 

As Nigeria’s energy sector grows, service companies are playing an increasingly more important role in driving the sustainable development of the energy value chain. Companies such as UTM Offshore, a Nigerian-based marine and logistics services company, have and will continue to be instrumental in supporting the sustainable growth of the industry while advancing energy access and industrialization. 

In this regard, the African Energy Chamber (AEC), representing the voice of the African energy sector, is proud to announce that Nigerian marine and logistics services provider UTM Offshore is the official sponsor of the Invest in Nigeria Energies country spotlight session at the African Energy Week (AEW) conference. AEW represents the continent’s premier event for the energy sector and is scheduled to take place from 16-20 October in Cape Town. UTM Offshore’s sponsorship of the Nigerian country spotlight session follows the company joining the conference as a Platinum Sponsor, and is a testament to the commitment of UTM Offshore to spearhead discussions and deals in Nigeria’s energy market.

With Nigeria prioritizing the development of its 200 trillion cubic feet of proven natural gas reserves for a just and inclusive energy transition, the role of companies such as UTM Offshore continues to grow. Natural gas represents a priority resource for the government, owing largely to its sustainability and availability, and UTM Offshore is committed to expanding the domestic gas market.

UTM Offshore’s commitment towards the expansion of Nigeria’s economy has paved the way for the development of critical facilities and infrastructure

Since the company’s establishment in 2012, UTM Offshore has played a central role in developing, managing and deploying solutions for the maritime and oil services sectors in West Africa. The company has prioritized partnerships with regional and global energy companies and investors as part of a broader strategy to accelerate the penetration of new investments in Africa’s energy sector. With a focus on delivering sustainable solutions for the monetization of energy resources in Africa, UTM Offshore works towards advancing energy security and socioeconomic development.

One of the company’s largest gas developments underway is the UTM Offshore-led Floating Liquefied Natural Gas (FLNG) project, located in Akwa Ibom State. Representing the first FLNG deployed in the country, the project will enhance gas monetization in Nigeria. In December 2021, the company signed an agreement with the African Export–Import Bank (Afreximbank) for the provision of $5 billion in funding to develop the project. Following the initial deal, the firm also partnered with global engineering and services firms including JGC Corporation, Technip Energies and Kellogg Brown & Root to fast-track the project’s deployment. In July 2023, UTM Offshore and Afreximbank inked the preparation facility agreement for the project.

In addition to pioneering the FLNG project, UTM Offshore plays a key role in accelerating infrastructure development in Nigeria through the provision of world-class and innovative marine and logistics services. UTM Offshore’s distinguished role as a platinum sponsor for AEW 2023, coupled with their esteemed position as the official sponsor of the Invest in Nigeria Energies session, is a testament to its commitment to driving investments and empowering the future of Nigeria’s energy industry.

“UTM Offshore’s commitment towards the expansion of Nigeria’s economy has paved the way for the development of critical facilities and infrastructure. By pioneering the country’s first FLNG project, UTM Offshore is spearheading Nigeria’s just energy transition, and other African energy companies stand to learn a great deal from UTM Offshore,” stated NJ Ayuk, the Executive Chairman of the AEC.

As the official sponsor of the Invest in Nigeria Energies spotlight at AEW 2023, UTM Offshore will participate in high-level panel discussions, presentations, and exclusive networking and deal signings, showcasing the company’s strategic plan within Nigeria’s burgeoning energy sector. The country spotlight takes place under the AEW 2023 umbrella theme, “The African Energy Renaissance: Prioritizing Energy Poverty, People, the Planet, Industrialization, and Free Markets,” and will unveil a spectrum of investment and partnership prospects within the West African country.

AEW is the AEC’s interactive exhibition and networking event uniting African energy stakeholders, driving industry growth and development, and promoting Africa as the destination for African-focused events. For more information about sponsorship, attendance, and partnership opportunities, visit www.AECWeek.com

Distributed by APO Group on behalf of African Energy Chamber.

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

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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.

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

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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.

 

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

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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).

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