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African Energy Week (AEW) 2024 Positions Women at Center of Africa’s Energy Transformation

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African Energy Week

The upcoming African Energy Week: Invest in African Energy conference will host a dedicated forum on women in energy, in collaboration with the African Women Business Energy Network

CAPE TOWN, South Africa, July 31, 2024/APO Group/ — 

African Energy Week (AEW) (www.AECWeek.com): Invest in African Energy 2024 will feature the Transformative Impact of Women in Energy forum – hosted by the African Women Business Energy Network (AWBEN) – on November 7 in Cape Town. This forum will highlight African female policymakers, businesswomen and entrepreneurs who are leading innovative energy projects and driving economic transformation across the continent.

While the global energy industry has been traditionally male-dominated, the sector is experiencing a notable shift towards enhanced gender diversity, equity and inclusion. Driven by collective efforts for change, African women are increasingly being recognized for their dynamic contributions across leadership, policy, finance, technology and innovation within the energy sector.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Established by the African Energy Chamber (AEC) – the voice of Africa’s energy sector – AWBEN empowers women in energy and supports women-owned businesses by facilitating investment and access to new business opportunities. Key initiatives include fostering collaboration among African women in the sector, hosting mentorship programs and promoting members’ personal and professional development. AWBEN also provides coaching and sponsorship for girls and young women in STEM, as well as encourages higher leadership positions for African women in energy.

It is imperative that we not only include, but actively build up and promote women at every level of the industry to harness the full potential of our continent’s energy resources

Similar initiatives are being implemented across the continent. USAID’s Power Africa initiative promotes female advancement in the energy sector, aiming for more equal representation within national and regional governments, private sector firms, power utilities and energy enterprises. Women in Rwandan Energy serves as a nation-wide commitment to providing career coaching, technical training, apprenticeships and mentorship services to empower women for successful careers and leadership roles in Rwanda’s energy sector. Programs like Women in African Power enhance female professional development through targeted networking events and skill training initiatives specific to the energy industry.

In Africa’s oil and gas space, women are increasingly assuming top leadership positions in both the public and private sector. Serving as Petroleum Commissioner of Namibia’s Ministry of Mines and Energy, Maggy Shino has played a key role in securing upstream investment from major international oil companies. With Namibia serving as a global exploration hotspot on the back of prolific offshore Orange Basin discoveries, Shino’s strategic vision and leadership have been instrumental in driving the country’s energy sector and attracting foreign investment.

Uganda’s Minister of Energy and Mineral Development Ruth Nankabirwa Ssentamu is playing a critical role in the country’s upstream market. With Uganda targeting first oil output by 2025, projects such as the $10-billion Lake Albert Development – home to the Tilenga and Kingfisher fields – are set to transform the national energy landscape. Ssentamu’s leadership has been crucial in advancing these projects, maximizing Uganda’s resource potential and establishing its position as a major up-and-coming oil market.

In Equatorial Guinea, Teresa Isabel Nnang Avomo, CEO of national oil company GEPetrol, has led initiatives to improve national oil and gas infrastructure, boost production and strengthen partnerships with international operators. Under her leadership, GEPetrol signed a PSC with energy major Chevron aimed at increasing production from Blocks EG-06 and EG-11, as well as awarded engineering firm Petrofac a technical service contract last month to support the operation of Block B, home to the Zafiro field.

With the global energy transition underway, women have also risen to become pivotal leaders in Africa’s clean energy space. Sandra Chukwudozie, Founder and CEO of clean energy firm Salpha Energy, is pioneering clean, affordable and innovative energy solutions for a carbon-neutral future. Rekik Bekele, CEO and Founder of Green Scene Energy, is targeting the delivery of affordable solar solutions in Ethiopia, while Monique Ntumngia, CEO of the Green Girls Project and Monafrik Energy, is advocating for climate-gender justice across the continent and leveraging AI to address clean energy challenges in rural African communities.

“The future of Africa’s energy sector hinges on the full participation of women. Their diverse perspectives and innovative approaches are essential for driving sustainable growth and economic transformation. It is imperative that we not only include, but actively build up and promote women at every level of the industry to harness the full potential of our continent’s energy resources,” said NJ Ayuk, Executive Chairman of the AEC.

At AEW: Invest in African Energy 2024, the Transformative Impact of Women in Energy forum will highlight the critical role that African businesswomen, entrepreneurs and policymakers are playing in energy sector innovation and growth. By showcasing their ongoing leadership and achievements, the forum aims to inspire further progress towards a more diverse and inclusive energy industry.

Distributed by APO Group on behalf of African Energy Chamber.

Business

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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Coca-Cola

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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Afreximbank

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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