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African Energy Week (AEW) 2024 to Host Powering Africa Summit, Targeting Universal Energy Access

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African Energy Week

The African Energy Week: Invest in African Energy conference will host a dedicated summit on leveraging natural gas, renewable, nuclear and green hydrogen resources for enhanced power generation capacity

CAPE TOWN, South Africa, June 6, 2024/APO Group/ — 

The African Energy Week (AEW): Invest in African Energy conference – Africa’s premier event for the energy sector, taking place in Cape Town this November – will host the Powering Africa Summit. Featuring African energy and power ministers, global and regional industry stakeholders, financial institutions and project developers, the summit will showcase power generation and distribution projects driving Africa towards its universal electrification and industrialization targets.

Set to reach 2.5 billion people by 2050, Africa is home to the world’s fastest-growing population. The continent’s estimated 125 billion barrels of crude oil, 620 trillion cubic feet of gas and vast solar, wind and hydropower resources represent the pathway to improving energy access and meeting rising power demand. The Powering Africa Summit aims to advance investment, technology and innovation to pave the way for Africa’s industrial growth and power generation, harnessing a mix of fossil fuel and clean energy solutions to optimize Africa’s generation and distribution capabilities.

Harnessing and integrating all energy sources across the continent is the only viable solution to addressing Africa’s prolific power needs

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.

With the continent home to recoverable gas reserves capable of generating 400 GW of power, the Powering Africa Summit will assess the opportunities and challenges within sourcing and integrating gas into Africa’s energy matrix. Notable projects include Senegal’s Sandiara and Cap des Biches, Angola’s Soyo II, Libya’s Tobruk and South Africa’s Richards Bay gas-to-power facilities, which are set to bolster the resilience of Africa’s power supply. The Summit will discuss the economic and environmental benefits of gas-to-power projects, as well as competitive pricing, tariff structures and market reforms needed to facilitate project financing and increase private participation in the sector.

Africa is also emerging as one of the fastest-growing markets for renewables and green hydrogen. Developments such as Namibia’s $10-billion Tsau/Khaeb, Mauritania’s $40-billion Aman, South Africa’s 40 GW Boegoebaai cluster and Morocco’s Nour green hydrogen projects showcase Africa’s commitment to leveraging its solar and wind resources to unlock hydrogen energy technologies. Recent agreements between South Africa and Namibia, as well as the Tunisian Government with TotalEnergies and Austrian utility Verbund, underscore the potential of green hydrogen to strengthen African and global energy security. The Powering Africa Summit will unpack the trends, technologies and policy frameworks driving Africa’s green energy expansion, from PPPs to the future of batteries, hydrogen fuel cells and e-mobility. 

Furthermore, the Summit will promote Africa’s nuclear power prospects, exploring the financial tools and local institutional, technological and human capabilities available for greenfield nuclear programs. Despite having only one operating facility in South Africa, Africa has emerged as an attractive market for nuclear power investments due to its vast uranium resources in Namibia, Uganda and Niger, among other countries. Last April, Burkina Faso signed a partnership with Russian firm Rosatom to construct a nuclear power plant, which is expected to double the country’s power generation capacity by 2030. Energy firm Stratek Global and investment company Koya Capital have also partnered to finance a $482-million nuclear power project in South Africa, contributing to the country’s plan to develop 2,500 MW of new nuclear capacity. Earlier this year, Egypt started construction on the fourth generating nuclear reactor at its $30-billion, 4.8 GW Dabaa Power Plant with Rosatom.

“Harnessing and integrating all energy sources across the continent is the only viable solution to addressing Africa’s prolific power needs. The Powering Africa Summit will provide a platform for African and global stakeholders to advance technology and innovation to meet Africa’s power generation and energy mix diversification goals,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

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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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.

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Business

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

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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.

 

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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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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).

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