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African Energy Week (AEW) 2025 to Showcase Africa’s Growing Energy Momentum, with $43 Billion in Capital Expenditure (CapEx) Projected for 2025

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African Energy Week

The African Energy Chamber’s State of African Energy 2025 Outlook Report highlights strong investment trends, with West and North Africa leading the charge and onshore natural gas projects set to dominate, setting the stage for key discussions at African Energy Week: Invest in African Energies

CAPE TOWN, South Africa, March 12, 2025/APO Group/ –Africa’s energy sector continues to show resilience and dynamism, with capital expenditure (CapEx) on oil and gas projects remaining a key driver of growth. According to the African Energy Chamber’s (EnergyChamber.org/State of African Energy 2025 Outlook Report, investment remains strong in 2025, with total CapEx estimated at $43 billion, while long-term projections indicate an increase to $54 billion by 2030 – reinforcing Africa’s position as a critical player in the global energy market. As African Energy Week (AEW): Invest in African Energies 2025 prepares to convene key industry players in Cape Town, these investment trends will be central to discussions on accelerating project development, securing capital and ensuring Africa’s energy industry remains competitive on the global stage.

According to the report, West and North Africa continue to lead CapEx spending, with West Africa contributing over 50% of the continent’s total expenditure from 2023 through the decade. Established oil producers such as Nigeria and Angola remain dominant, while emerging players like Mauritania and Senegal are attracting increasing investment. The continent’s rich liquid hydrocarbon resources continue to draw the majority of capital, accounting for over 60% of total hydrocarbon investment through 2030. However, natural gas is gaining momentum, with its share of CapEx rising to over 40% by the end of the decade. This shift underscores a major theme of AEW: Invest in African Energies 2025, positioning Africa as a competitive global gas hub while reaffirming oil’s role as a pillar of economic growth and energy security.

Looking ahead, onshore projects are expected to attract the majority of investment, accounting for 56% of total CapEx by 2030, driven by lower unit costs and increasing interest in onshore natural gas monetization. This trend is reflected in drilling activity, with onshore drilling remaining dominant – comprising 80% of the 1,060 wells drilled in 2024 – while offshore rig demand continues to rise, reaching an estimated 46 rig years in 2025. At AEW: Invest in African Energies, industry leaders will explore how these shifting investment patterns can accelerate energy security and infrastructure expansion across the continent.

Africa’s energy sector is entering a new era of growth, driven by strategic investments and a commitment to monetizing our vast resources

Exploration is also on the upswing, with over 150 wells completed in 2024 and heightened activity in southern Africa, particularly in Namibia’s Orange Basin. Africa is emerging as a leader in global high-impact drilling, with exploration spending surpassing $6 billion in 2024, largely driven by major discoveries in Namibia and continued investment in North and West Africa. This momentum is expected to continue as multiple licensing rounds are planned across the continent, with Nigeria, Angola, the Republic of Congo, Libya, Algeria, Tanzania and Liberia among the countries opening new blocks for development. With exploration serving as a key catalyst for new investments, AEW 2025 will serve as a critical platform for showcasing frontier opportunities and securing new project financing.

Africa’s mergers and acquisitions (M&A) landscape remains dynamic, following a significant rebound in 2024 and driven by global energy majors rationalizing their portfolios. Regional players and national oil companies (NOCs) are taking on a more prominent role, acquiring assets from majors and expanding their footprint in key markets like Angola and Nigeria. West Africa continues to dominate M&A activity in terms of deal value, followed closely by North Africa. Meanwhile, Middle Eastern and Asian NOCs are ramping up their investment in African assets, further diversifying the investor landscape. As consolidation reshapes Africa’s energy sector, AEW 2025 will provide a vital forum for dealmaking, fostering new partnerships and strengthening the role of African players in the global market.

As the African energy sector evolves, the upcoming AEW: Invest in African Energies 2025 will serve as a critical platform to drive investment discussions and facilitate deal-making. With global energy markets shifting and Africa’s vast oil and gas resources remaining underutilized, the continent presents a compelling case for increased foreign direct investment. AEW 2025 will provide the platform for stakeholders to explore opportunities, forge new partnerships and position Africa at the forefront of the global energy transition.

“Africa’s energy sector is entering a new era of growth, driven by strategic investments and a commitment to monetizing our vast resources. With $43 billion in capital expenditure projected for 2025, the continent is proving that it is open for business and ready to compete on the global stage. AEW 2025 will be the premier platform to drive these investment discussions and ensure Africa’s energy industry remains resilient and dynamic,” said Ore Onagbesan, Program Director for the African Energy Chamber.

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 www.AECWeek.com for more information about this exciting event.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Guinea-Conakry Energy Minister to Bring Frontier Oil & Power Opportunities to Invest in African Energy (IAE) 2026

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Energy

Aboubacar Camara, Minister of Health, Sanitation, Energy, Hydraulics and Hydrocarbons of Guinea-Conakry, will deliver a keynote at next month’s Invest in African Energy Forum in Paris

PARIS, France, March 13, 2026/APO Group/ –As exploration momentum builds across West Africa’s (Mauritania-Senegal-Gambia-Bissau-Conakry) MSGBC basin, Guinea-Conakry is seeking to position itself as the region’s next frontier for oil and gas development while accelerating investment in large-scale power infrastructure. At the upcoming Invest in African Energy Invest in African Energy (IAE) Forum in Paris, Aboubacar Camara, Minister of Health, Sanitation, Energy, Hydraulics and Hydrocarbons of Guinea-Conakry, will outline the country’s strategy to unlock upstream potential and expand electricity generation to support industrial growth.

 

Guinea’s hydrocarbon sector remains largely underexplored compared to its regional neighbors. To stimulate exploration activity, the government has been preparing a licensing round covering 22 onshore and offshore blocks designed to attract international operators. As of late 2025, authorities were finalizing the technical framework and fiscal terms while expanding access to geological data through a National Seismic Data Visualization Center, developed in partnership with SLB and TGS. The data platform is expected to provide prospective investors with improved visibility into Guinea’s offshore basins ahead of the planned bid round.

 

While Guinea has historically seen limited drilling activity, interest in the country’s offshore margin has grown in recent years as major discoveries in neighboring Senegal and Mauritania have reshaped perceptions of the MSGBC basin’s resource potential.

 

Alongside upstream ambitions, Guinea is advancing a series of large-scale power projects aimed at addressing electricity shortages and supporting its expanding mining sector. Hydropower remains the backbone of the country’s electricity system, with major projects developed along the Konkouré River significantly increasing generation capacity in recent years.

 

The 450 MW Souapiti Hydropower Plant and the earlier 240 MW Kaleta facility have significantly expanded national generation capacity in recent years, strengthening grid reliability while providing power to mining operations and urban centers. Additional large-scale projects are progressing across the pipeline, including the 300 MW Amaria hydropower project and the 294 MW Koukoutamba hydropower plant, which is being developed under the Senegal River Basin Development Authority to supply electricity across several West African countries.

 

Beyond hydropower, authorities are exploring opportunities to diversify the country’s energy mix through gas and renewable energy investments. One proposal involves the development of an LNG terminal at the Port of Kamsar to support both import and export operations while supplying a planned gas-fired power facility capable of generating up to 1,900 MW of electricity.

 

Solar energy is also gaining momentum as part of Guinea’s long-term strategy to strengthen grid reliability and reduce seasonal dependence on hydropower. Government plans call for the addition of up to 500 MW of solar generation capacity in the coming years, opening new opportunities for independent power producers and infrastructure investors.

 

At the same time, regional transmission initiatives are expanding Guinea’s integration within the West African Power Pool. Financing approved in 2025 for the Guinea–Mali electricity interconnection project aims to improve electricity supply in eastern Guinea while enabling cross-border power trade and strengthening regional grid stability.

 

The IAE 2026 Forum offers Guinea-Conakry an opportunity to present its evolving energy strategy to international investors. By highlighting frontier exploration acreage alongside major power infrastructure developments, the government aims to attract the partnerships needed to accelerate the next phase of the country’s energy sector development.

 

IAE 2026 (http://apo-opa.co/4urkt3f) 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.

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BROXO Introduces Brand Update Across Water Treatment Markets

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BROXO

BROXO, one of Europe’s leading brands in high-quality water treatment salt, announces a comprehensive brand refresh, reaffirming its position as a trusted partner in water softening applications for nearly a century

AMERSFOORT, The Netherlands, March 13, 2026/APO Group/ –BROXO (www.BROXOSalt.com/) is part of Hengelo Salt Specialties and Mariager Salt Specialties, companies incorporated under Groupe Salins, headquartered in Clichy, France. With over 100 years of expertise, BROXO has built a strong reputation for delivering premium vacuum salt used in professional water treatment systems across Europe.

 

BROXO salt is produced from high-purity vacuum salt extracted from underground salt caverns in the Netherlands and Denmark. In the Netherlands, the salt is compacted into briquettes and tablets, as well as specialized grades for water softening applications. With a sodium chloride purity of 99.9% and extremely low calcium and magnesium content, BROXO is among the highest quality salts available on the market.

This refresh is about returning to our core strengths: quality, reliability, and consistency while modernizing how we present ourselves to the market

The salt plays a critical role in regenerating ion exchange resins in water softening systems, effectively removing calcium and magnesium from water. By preventing limescale formation, BROXO helps protect pipes, heating systems, dishwashers, and industrial installations. In industrial environments, effective water softening reduces energy consumption, minimizes maintenance requirements, and safeguards operational efficiency.

The brand refresh focuses on strengthening BROXO’s core identity, reinforcing the recognizable brand assets, colors, and visual language that customers have trusted for decades. The updated look reflects both BROXO’s heritage and its forward-looking approach to the global market.

“BROXO has been a leader in its segment for over 100 years. This refresh is about returning to our core strengths: quality, reliability, and consistency while modernizing how we present ourselves to the market,” says Nico Basson, Segment Marketing Manager Water & Retail Products. “We are building on a strong foundation and preparing the brand for continued growth.”

Today, BROXO continues to serve a wide range of customers, including restaurants, hotels, commercial facilities, and industrial operators that rely on high-performance water softening systems.

Distributed by APO Group on behalf of BROXO.

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Chevron Taps Emmanuelle Garinet to Lead Exploration Across Sub-Saharan Africa and the America

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African Energy Chamber

Chevron appoints exploration veteran Emmanuelle Garinet to lead discovery strategy across sub-Saharan Africa and the Americas, a move welcomed by the African Energy Chamber as positive for exploration investment

JOHANNESBURG, South Africa, March 13, 2026/APO Group/ –Energy supermajor Chevron has appointed Emmanuelle Garinet as Director of Exploration for the Americas and Sub-Saharan Africa, bringing one of the upstream industry’s most experience exploration geophysicists into a strategic leadership role overseeing discovery efforts across two of the world’s most important hydrocarbon regions.

 

The African Energy Chamber (AEC) – as the voice of the African energy industry – welcomes the appointment, with Garinet’s move to Chevron serving as a positive signal for Africa’s exploration sector. For the Chamber, placing an executive with decades of African exploration experience at the helm of a major international oil company’s discovery strategy could help unlock new investment across frontier basins, accelerate geological understanding and strengthen collaboration between operators and host governments.

 

Expanding Exploration Across Sub-Saharan Africa

Chevron’s African portfolio is entering a new phase of exploration-led growth as international energy companies continue to pursue new discoveries across frontier basins and established producing hubs.

 

Namibia has emerged as one of the most closely watched exploration regions in the world following a series of major deepwater discoveries in the Orange Basin. Chevron is currently evaluating prospects in the Walvis Basin, where the company plans to drill a new exploration well in PEL 82 between 2026 and 2027. The campaign follows earlier drilling in the Orange Basin, reflecting the company’s continued interest in Namibia’s rapidly evolving offshore petroleum system.

 

In West Africa, Chevron is expanding its deepwater presence in Nigeria after acquiring a 40% stake from TotalEnergies in offshore licenses PPL 2000 and PPL 2001. The company is expected to deploy a drilling rig in late 2026 targeting resources near the Agbami field as part of a broader deepwater growth strategy.

 

Angola remains a cornerstone of Chevron’s African portfolio where, in December 2025, the company achieved first oil at the South N’dola platform in Block 0, producing approximately 25,000 barrels of oil per day using existing infrastructure. Associated gas from the project is routed to the Angola LNG plant, supporting the country’s gas monetization strategy while reducing flaring.

 

For the AEC, these developments highlight the continued importance of exploration in unlocking new energy resources across the continent while supporting regional economic growth and energy security.

 

Americas Portfolio Provides Additional Growth

Emmanuelle Garinet brings decades of geological insight and international exploration leadership

Beyond Africa, Chevron maintains a large upstream portfolio across the Americas.

 

In the U.S. the company continues expanding production in the Permian Basin, where output is projected to reach around one million barrels of oil equivalent per day in 2026. Deepwater developments in the Gulf of Mexico also remains a key component of Chevron’s portfolio, contributing to long-term production growth.

 

In South America, Chevron’s position in Guyana’s prolific Stabroek Block – obtained through the company’s acquisition of Hess Corporation – places it within one of the world’s fastest-growing offshore petroleum provinces. Meanwhile, unconventional development in Argentina’s Vaca Muerta formation continues to support production growth in the region.

 

A Career Built on Global Exploration

Garinet’s career reflects more than three decades of experience in exploration geology, subsurface interpretation and international upstream leadership.

 

She began her career as a geophysicist, working on seismic analysis and subsurface evaluation before moving into management roles overseeing large exploration portfolios. Over time, she held senior leadership positions across multiple continents, including roles managing exploration programs in Nigeria, Gabon and South America.

 

Her tenure at TotalEnergies also spanned the transformation of the company from Elf Aquitaine to ToalFinaElf and ultimately TotalEnergies.

 

One of her most notable achievements was leading the exploration team behind the Venus discovery offshore Namibia – one of the largest deepwater oil finds in recent years and a project expected to move toward a final investment decision in 2026.

 

“Exploration leadership with deep technical expertise and real experience in Africa’s basins is critical as the continent seeks to unlock new resources and attract global investment,” says NJ Ayuk, Executive Chairman, AEC. “Emmanuelle Garinet brings decades of geological insight and international exploration leadership. Her appointment at Chevron sends a strong signal about the continued importance of African energy development.”

 

Garinet has also been a prominent advocate for African energy development and has frequently spoken at the annual African Energy Week conference in Cape Town, where she has highlighted the role of advanced seismic data, frontier exploration and efficient permitting systems in unlocking new opportunities across the continent.

Distributed by APO Group on behalf of African Energy Chamber.

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