Connect with us
Anglostratits

Energy

African Energy Week (AEW) 2025 African Farmout Forum Showcases 25 Investment Opportunities

Published

on

Energy Capital

The African Farmout Forum at AEW: Invest in African Energies 2025 highlighted 25 high-potential energy opportunities, connecting investors with operators and showcasing Africa’s expanding oil, gas and clean-energy landscape

CAPE TOWN, South Africa, October 2, 2025/APO Group/ –The African Farmout Forum returned to African Energy Week (AEW): Invest in African Energies 2025, with energy companies presenting 25 farm-in opportunities. Sponsored by SOMA Oil & Gas, the session was held in partnership with Moyes & Co., Envoi and FarmoutAngel, with participating firms outlining plans for seismic acquisition, drilling and development partnerships.

 

“Our goal is to immerse ourselves in every opportunity we present, providing clear actionable information so partners can make confident investment decisions,” stated Mike Lakin, Managing Director Envoi Ltd.

SOMA Oil & Gas (Somalia)

SOMA Oil & Gas is seeking partners for Blocks 129 and 192 under production sharing agreements (PSAs) ratified in 2024. The blocks cover part of a 10,000 km² acreage and hold multi-billion-barrel potential.

Meren Energy (Equatorial Guinea)

Meren Energy is pursuing a farm-out of its 80% operated interests in Blocks EG-18 and EG-31. The assets hold gas-prone prospects near existing infrastructure, with drilling targeted for 2026-2027.

Eco (Atlantic) Oil & Gas (South Africa)

Eco (Atlantic) Oil & Gas is preparing a farm-out of its 75% interest in Block 1 in the Orange Basin. The block spans nearly 20,000 km² and is located near recent discoveries with historical oil and gas shows.

Akata Energy (Nigeria)

Akata Energy is seeking development partners for marginal fields on OML 95 in the shallow-water Niger Delta. The company aims to scale production to 40,000-50,000 barrels per day through shared infrastructure.

Tower Resources (South Africa)

Tower Resources is pursuing a farm-out of its Algoa-Gamtoos license, operated jointly with Rift Petroleum. Seismic reprocessing has increased prospective recoverable resources to nearly 2 billion barrels of oil equivalent.

Société Nationale des Hydrocarbures (Benin)

Benin is seeking an operator for offshore Block 2, hosting the Gbenonkpo prospect. Partners can acquire up to 100% working interest and contribute technical expertise.

Cameroon National Hydrocarbons Corporation (Cameroon)

Cameroon is offering nine oil and gas blocks for investment through a licensing round launched in August 2025. Bidders must demonstrate strong technical and financial capacity, with results expected in April 2026.

Apus Energy (Guinea-Bissau)

Apus Energy is seeking partners for the Sinapa and Esperança licenses, acquired from Petronor in 2023. The farm-in coincides with the Atum-1X well, the first deepwater well drilled offshore Guinea-Bissau since 2007.

SONAP (Guinea-Conakry)

SONAP is promoting farm-in opportunities across 22 offshore and onshore blocks. The company has invested in 2D and 3D seismic data and is inviting technical partners to expand offshore 3D coverage.

Chariot (Morocco)

Chariot is seeking partners for its Lixus, Rissana and Loukos licenses. The company holds 75% working interest in all three projects and is evaluating development plans based on confirmed gas volumes.

Ghana Petroleum Commission (Ghana)

The Ghana Petroleum Commission is offering open acreage and farm-in opportunities, both offshore and onshore. Key opportunities include South Deepwater Tano, Offshore Cape Three Points South and Voltaian Basin blocks.

Dajo Energy (Nigeria)

Our goal is to immerse ourselves in every opportunity we present, providing clear actionable information so partners can make confident investment decisions

Dajo Energy is offering a farm-out for its offshore OPL 322, with partners able to acquire up to 40% interest. The deepwater asset includes the Bobo field and the undrilled Aga Thrust, with significant oil and gas volumes.

Oregen Energy Corp. (Namibia)

Oregen Energy Corp. is planning a 2026 farm-out of Block 2712A in the Namibian Orange Basin. The 5,484 km² license is near major discoveries, targeting exploration drilling in 2027.

F.A. Oil (Sierra Leone)

F.A. Oil is seeking partners for a farm-in across six offshore blocks secured in Sierra Leone’s fifth licensing round. Six of 11 wells have already indicated oil or gas discoveries, with 3D seismic surveys underway.

PetroQuest (Somalia)

PEtroQuest is seeking a farm-in partner for three offshore PSAs covering deepwater frontier blocks. The blocks are estimated to hold up to 56 billion barrels, including the 8-billion-barrel Leopard prospect.

PetroQuest & Adamantine (Seychelles)

PetroQuest and Adamantine are seeking an investor to support offshore seismic work in Seychelles. The partnership aims to advance exploration across their assets in the region.

Lekoil (Nigeria)

Lekoil is seeking exploration partners for a farm-in on its deepwater PL 325 block. Positive evaluations indicate up to 5.7 billion barrels oil-in-place, with an estimated 2 billion barrels recoverable.

Grupo Simples Oil (Angola)

Grupo Simples is seeking partners to farm-in on Block KON 6 in Angola’s Kwanza Basin. The 1,042 km² block presents an opportunity to accelerate exploration and production.

First E&P (Nigeria)

First E&P is seeking farm-in partners for deepwater PPL 2003-DO and PPL 2006 blocks. The assets offer high-potential exploration under investor-friendly terms.

Walcot Group (Angola)

Walcot Group is seeking investment partners for its onshore CON 3 and CON 7 blocks in the Lower Congo Basin. Investors can fund either 2D surveys or a wildcat well using existing gravity data.

CG International Petroleum (Chad)

CG International Petroleum is inviting partners to invest in the DOC and DOD blocks in the Doba Basin. The acreage holds eleven discoveries with 90 million barrels of 2C contingent resources.

Somalia Petroleum Authority (Somalia)

The Somalia Petroleum Authority, represented by Envoi Ltd., is promoting investment in Somalia’s oil and gas sector. The authority oversees offshore and onshore exploration agreements and supports capacity building under the Petroleum Law Framework.

BiogasUnite (pan-Africa)

BiogasUnite is seeking seed funding to scale its Cash for Cooking initiative across Africa. The project links users, technicians and entrepreneurs to expand clean cooking, generate income and reduce emissions.

PetroQuest Energy (Australia)

PetroQuest Energy is seeking farm-in partners for its onshore exploration project in Western Australia’s Officer Basin.

Prime Pakistan (Pakistan)

Prime Pakistan is offering a farm-in opportunity for a Lower Cretaceous gas development targeting 100 billion cubic feet of resources across five wells. Drilling is planned to begin in Q1/Q2 2026, with the license valid for a five-year term.

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

Home  Facebook

Business

Africa’s Lithium Pipeline Gains Momentum as Global Supply Deficits Loom

Published

on

Energy Capital

The upcoming African Mining Week 2026 – taking place from October 14-16 in Cape Town – will connect global investors with prospects within the lithium industry amidst an anticipated resource supply deficit by 2028

CAPE TOWN, South Africa, April 9, 2026/APO Group/ –Rising demand for lithium is positioning Africa to attract foreign investment, accelerate local beneficiation and strengthen its role in securing the global battery supply chain. A recent forecast by Wood Mackenzie projects that global lithium demand could exceed 13 million tons by 2050 under an accelerated energy transition scenario. This surge is expected to place significant pressure on supply, with deficits emerging as early as 2028. Without substantial new investments, existing lithium projects will struggle to meet demand beyond the mid-2030s.

 

Against this backdrop, Africa’s growing pipeline of greenfield and development-stage lithium projects positions the continent as an increasingly important contributor to global supply security. In 2025, Africa ranked as the largest source of new lithium supply globally, with new output from the region exceeding that of the rest of the world combined. This milestone underscores the continent’s potential to scale production and strengthen its role in the global battery minerals market.

Emerging Lithium Producers Strengthen Africa’s Supply Pipeline

Even under a slower energy transition scenario, Wood Mackenzie projects that lithium markets will remain adequately supplied until 2037, before entering deficit. This outlook reinforces Africa’s strategic role as new projects across Mali, Zimbabwe, Ghana and Namibia advance toward production.

In the Democratic Republic of the Congo (DRC), Zijin Mining, AVZ Minerals and KoBold Metals are expected to begin operations at the Manono lithium project in mid-to-late 2026, marking the country’s first lithium output. Ranked among the world’s largest hard-rock lithium deposits, Manono is expected to begin exports shortly after commissioning, diversifying DRC’s mineral output while strengthening the continent`s contribution to the global electric vehicles and battery supply chain.

Mali Emerges as a Regional Lithium Hub

Mali is also rapidly positioning itself as a key lithium producer. The Bougouni Lithium Project, commissioned in 2025, currently produces approximately 125,000 tons per annum of concentrate, with Phase Two expansion plans underway that could nearly double production capacity.

Meanwhile, the Goulamina Lithium Project, one of the largest spodumene deposits globally, is producing around 506,000 tons of spodumene concentrate annually, with expansion plans targeting one million tons per year. Together, these projects are expected to significantly strengthen Mali and Africa’s position within the global lithium market.

Ghana and Zimbabwe Expand Lithium Production and Value Addition

In Ghana, the Ewoyaa Lithium Project, developed by Atlantic Lithium, is set to become the country’s first lithium-producing mine, with production targeted for late 2027. The project is expected to produce 3.58 million tons of spodumene concentrate grading 6% and 5.5%, alongside approximately 4.7 million tons of secondary product, further strengthening Africa’s contribution to global lithium supply.

Meanwhile, Zimbabwe – currently Africa’s largest lithium producer – is accelerating efforts to move up the value chain. Government policies restricting the export of raw lithium are encouraging investment in local processing and beneficiation facilities, supporting the production of higher-value lithium products and positioning the country as a key supplier to the global battery materials market.

Investment Momentum Builds Ahead of African Mining Week

With an estimated $276 billion in new investment required to avoid the forecast supply deficits beginning in 2028, Africa’s lithium-rich countries are well positioned to attract the capital needed to expand production and downstream processing.

In this context, African Mining Week 2026 – scheduled for October 14–16 in Cape Town – will serve as a key platform for global investors, project developers and policymakers to engage on opportunities within Africa’s lithium sector. As the continent’s premier mining investment event, the conference will feature high-level discussions, project showcases and strategic networking sessions aimed at accelerating partnerships across the lithium value chain.

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

Continue Reading

Business

New Final Investment Decisions (FID) Propel Africa’s Mining Sector as Investors Eye $8.5T Untapped Potential

Published

on

Energy Capital

The 2026 edition of African Mining Week will highlight recent and upcoming FIDs, alongside key projects and investment opportunities

CAPE TOWN, South Africa, April 8, 2026/APO Group/ –Australian mining company Resolute Mining has approved a $516 million Final Investment Decision (FID) for its Doropo Gold Project in the Ivory Coast. The FID advances the project into the construction phase, with first production of 500,000 ounces per annum expected by 2028, strengthening the country and Africa’s position as major gold producers. Similarly, Toubani Resources approved a $216 million FID for the Kobada Gold Project in Mali, enabling the project to enter construction. Designed to produce approximately 162,000 ounces of gold per annum, Kobada supports Mali’s strategy to expand gold output beyond the current 60 tons per annum.

 

Such approvals signal growing capital inflows into Africa’s mining sector, as developers advance projects toward production to meet rising global mineral demand while the continent seeks investment partners to unlock its estimated $8.5 trillion in untapped mineral resources.

Rising FIDs Drive New Phase of Growth for African Mining

As more mining projects reach FID stage, Africa’s mining industry is entering a new phase of expansion, with the capital strengthening the continent’s role in global supply chains while driving infrastructure development, job creation and long-term economic growth.

With global demand for critical minerals expected to triple by 2030, FID announcements across Africa are set to accelerate, underpinned by the continent’s 30% share of energy transition metal reserves. The expanding pipeline of FIDs underscores the strong momentum building across the sector.

Rio Tinto approved a $473 million investment decision to extend the life of the Zulti South Project to 2050, strengthening South Africa’s position as a long-term supplier of mineral sands including zircon and ilmenite, which are essential inputs for construction, ceramics and advanced manufacturing industries. Meanwhile, Tharisa approved a $547 million FID for an underground expansion at its Bushveld Complex operations. The project is expected to deliver over 200,000 ounces of platinum group metals (PGMs) annually alongside more than two million tons of chrome concentrate, reinforcing the country’s position as the world’s leading supplier of PGMs.

Beyond these projects, a broader pipeline of developments is advancing toward investment decisions across the continent. Major projects including the Manono Lithium Project in the Democratic Republic of Congo, the Gorumbwa Platinum Project in Zimbabwe, the Diamba Sud Gold Project in Senegal and the Kabanga Nickel Project in Tanzania are progressing toward potential FIDs as investors position themselves to capture rising demand for battery minerals and critical metals.

Investment Momentum Ahead of African Mining Week

This growing pipeline of investment decisions and project developments will be a key focus of the upcoming African Mining Week 2026, taking place October 14–16 in Cape Town. The event will connect investors, project developers and government regulators to explore partnership opportunities and investment prospects across Africa’s mining value chain. Through high-level discussions and project showcases, the conference will examine how rising FIDs are driving production growth, strengthening infrastructure development and advancing Africa’s strategy to transform its mineral wealth into long-term economic value.

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

Continue Reading

Energy

Can Equatorial Guinea Reposition as West Africa’s Gas Hub?

Published

on

Energy Capital

As Equatorial Guinea advances third-party gas agreements and infrastructure plans, its hub ambitions will be showcased at the Invest in African Energy Forum, with Minister Antonio Oburu Ondo and senior industry leaders confirmed to attend

PARIS, France, April 7, 2026/APO Group/ –Equatorial Guinea is moving from strategy to execution in its bid to become a regional gas hub. A series of agreements signed in early 2026 – covering cross-border supply, upstream participation and infrastructure utilization – are positioning the country to monetize gas through existing assets and regional aggregation.

 

This agenda will take center stage at the Invest in African Energy (IAE) Forum in Paris, where Equatorial Guinea will feature in a dedicated Country Spotlight session led by Antonio Oburu Ondo, Minister of Mines and Hydrocarbons. With participation from key industry players, including Panoro Energy and Perceptum, EG Ronda bid round organizer, the forum will provide a platform to outline the country’s gas sector repositioning and where investors can engage.

Momentum behind this model has accelerated in recent months. In February 2026, Equatorial Guinea and Cameroon signed a unitization agreement to jointly develop the cross-border Yoyo-Yolanda gas fields, estimated to hold around 2.5 trillion cubic feet of gas. Production from the project is slated to feed directly into Equatorial Guinea’s Punta Europa complex, reinforcing the country’s hub strategy without requiring standalone export infrastructure.

Simultaneously, the government strengthened domestic supply through a Heads of Agreement with Chevron to expand the Aseng gas project, increasing GEPetrol’s stake from 5% to over 30%. This not only stabilizes production but also secures additional feedstock for downstream processing, linking upstream development directly to the hub model.

Rather than focusing on new LNG developments, Equatorial Guinea is aggregating domestic and regional gas volumes to maximize existing infrastructure. At the core of this approach is the Punta Europa complex on Bioko Island, one of sub-Saharan Africa’s most advanced gas processing hubs, with LNG, methanol and LPG facilities already in place. The current challenge is securing reliable feedstock as output from legacy fields such as Alba declines.

The Gas Mega Hub initiative offers a faster, more cost-effective route to monetization. By processing third-party volumes from Cameroon, and potentially Nigeria, the country can leverage existing facilities while avoiding the risks and capital intensity of greenfield LNG projects. This approach opens a spectrum of investment opportunities across gas aggregation, transport, processing and downstream integration, often structured through commercially aligned frameworks that reduce execution risk.

Policy and regulatory support are central to this transition. The Ministry of Mines and Hydrocarbons has prioritized regulatory alignment and cross-border cooperation, recognizing that successful hub development depends as much on enabling frameworks as on physical infrastructure. The recent agreements reflect growing clarity and investor confidence.

For the global investment community, IAE 2026 offers a strategic opportunity to engage directly with government and operators shaping the hub model. The participation of both policymakers and companies active in the sector reinforces the credibility and immediate relevance of Equatorial Guinea’s strategy.

Equatorial Guinea is no longer waiting for new discoveries to drive growth. By leveraging existing infrastructure, securing regional supply and building flexible commercial models, the country is positioning itself as a critical node for gas monetization in West Africa. Success here could extend the life of its assets while establishing a platform for regional energy trade.

IAE 2026 (https://apo-opa.co/41nyEZQ) is an exclusive forum designed to connect African energy markets with global investors, serving as a key platform for deal-making in the lead-up to African Energy Week. Scheduled for April 22–23, 2026, in Paris, the event will provide delegates with two days of in-depth engagement with industry experts, project developers, investors and policymakers. For more information, visit www.Invest-Africa-Energy.com. To sponsor or register as a delegate, please contact sales@energycapitalpower.com.

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

Continue Reading

Trending