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African Energy Week (AEW) 2025 to Highlight MSGBC Gas Boom as Greater Tortue Ahmeyim (GTA) Achieves First Liquefied Natural Gas (LNG) Production

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African Energy Week

The start of LNG production at the large-scale GTA project in Senegal and Mauritania signals a new era of energy security and resource monetization in West Africa

Representing a historic milestone for West African energy, American upstream oil company Kosmos Energy announced this week that the large-scale Greater Tortue Ahmeyim (GTA) conventional gas development has achieved first LNG production. Straddling the maritime border offshore Senegal and Mauritania, the GTA project is operated by energy supermajor bp, Kosmos energy, Senegalese national oil company (NOC) Petrosen and Mauritanian NOC Société Mauritanienne des hydrocarbures. The project is set to reinforce the region’s immense potential as an oil and gas hub in Africa.

The milestone comes ahead of the African Energy Week (AEW): Invest in African Energies conference, taking place September 29 to October 3 in Cape Town. Serving as the premier event for the African energy sector, the conference unites movers and shakers from across the MSGBC energy landscape to deliberate the future outlook for oil and gas in the region. Governments, operators and financiers are expected to outline the strategic value of investing in the MSGBC hydrocarbon sector as the region increases output following first oil in 2024 and first LNG production in 2025.

AEW: Invest in African Energies 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 http://www.AECWeek.com for more information about this exciting event. 

The GTA project highlights the vast opportunities within Africa’s gas market for investors

The GTA project achieved first gas flows last December when the developers officially opened the conventional field development’s first well, signaling the start of technical operations and a new era of gas-driven development and energy security in the region. As the voice of the African energy sector, the African Energy Chamber (AEC) applauds this immense milestone. These countries’ NOCs and energy ministries have shown the value of public-private collaboration, demonstrating how strong partnerships, contract and pro-investment policies can position African nations as global gas producers.

With first LNG production at the project, bp has given notice to offtaker bp Gas Marketing Ltd. to deliver an LNG carrier later this quarter to export first LNG cargo. The project is currently supported by the floating LNG (FLNG) vessel Gimi, which received its first feed gas from the field last month. First gas flows into the Gimi FLNG vessel led to the full-scale commissioning of activities at the project, setting the stage for the next phases of the GTA field development.

Boasting reserves of approximately 15 trillion cubic feet, the GTA block is a large-scale deposit with a production capacity of 2.5 million tons per annum (mtpa) in the first phase and 5 mtpa in the second phase. The project offers a crucial new supply for European consumers and a strategic revenue source for Senegal and Mauritania. GTA will produce gas from reservoirs located 120km offshore in 2,850m of water through a four-well subsea system tied back to the FPSO. Liquids will be offloaded to shuttle tankers, while gas will be transported by pipeline from the FPSO to a 2.5 mtpa FLNG vessel, moored behind a dedicated concrete breakwater.

In addition to intergovernmental collaboration and international participation in Africa’s oil and gas sector, the GTA project is set to galvanize clean energy production in the MSGBC region. The project showcases both Senegal and Mauritania’s commitment to harnessing their gas resources for sustainable development, serving as a catalyst for the region’s just energy transition. At a time when western nations are calling for an end to fossil fuel utilization, the GTA project highlights the critical value Africa’s natural resources hold for the continent.

“The GTA project highlights the vast opportunities within Africa’s gas market for investors. Not enough could be said about this historic milestone. It demonstrates that gas is a key driver for Africa’s energy security, industrial growth and economic transformation. Recognition is deserved by all parties involved. The collective efforts of Senegal and Mauritania have been essential in developing the GTA project and will continue to be pivotal in advancing future gas projects throughout the region,” states Tomás Gerbasio, VP Commercial and Strategic Engagement.

Distributed by APO Group on behalf of African Energy Chamber.

Events

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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Business

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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