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African Energy Week (AEW) 2025 to Showcase Guinean Opportunities with Guinea-Conakry’s National Petroleum Agency (SONAP) Director General Participation

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African Energy Week

Lanciné Conde, Director General of Guinea-Conakry’s National Petroleum Agency (SONAP), is speaking at this year’s African Energy Week (AEW): Invest in African Energies conference. Taking place September 29 to October 3, 2025, in Cape Town, the event is the premier meeting place for the African energy sector. Conde’s participation will not only enable greater insight into the country’s emerging energy opportunities, but lay the foundation for new deals and partnerships to be forged.

While Guinea-Conakry is yet to make a commercial oil discovery, the country is implementing measures to turn this trend around. The country is finalizing terms for a potential licensing round, seeking to attract new players into the frontier oil and gas market. The licensing round – offering 22 blocks for exploration – is set to reinvigorate exploration in the country and is complemented by a wealth of offshore seismic data. At AEW: Invest in African Energies 2025, Conde will share insight into these block opportunities, underscoring the significant potential that lies in Guinea-Conakry’s upstream oil and gas market.

Strategically located in close proximity to regional projects and offering a wealth of seismic data, the country has emerged as a hotspot for global frontier explorers

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. 

To support offshore oil and gas exploration, Guinea-Conakry is strengthening its library of seismic data. SONAP established the country’s first national seismic data visualization center in collaboration with global data acquisition and technology firms SLB and TGS. The center offers 15,000km² of 3D seismic and 45,000 km² of 2D seismic data. SONAP is also seeking technical partners to acquire further 3D seismic data, targeting offshore plays. Onshore, the company is seeking partners to develop gravity and magnetic surveys. These efforts stand to support exploration. To date, five prospect wells have been drilled in the country. Further exploration could not only generate greater understanding of the country’s oil and gas acreage but unlock commercial discoveries.

Guinea-Conakry’s upstream oil and gas potential is reaffirmed by commercial success witnessed in regional basins. Large-scale projects in Senegal and Mauritania have showcased the significant potential available offshore the MSGBC region, thereby making a strong case for Guinean exploration. These include the 100,000 barrel per day Sangomar oilfield in Senegal – which started production in 2024 – and the five million ton per annum (mtpa) Greater Tortue Ahmeyim (GTA) LNG project, straddling the maritime border of Senegal and Mauritania. First gas flowed at GTA phase one in early 2025, with a capacity of 2.5 mtpa. Investing in Guinea-Conakry’s offshore basins could unlock similar developments, and with Conde’s participation at AEW: Invest in African Energies 2025, detailed insight into upcoming block opportunities will be shared.

Meanwhile, to support operations across its mining industry, Guinea-Conakry is developing a multi-faceted LNG project. The project comprises the development of LNG receiving terminals, high-capacity regasification units, distribution infrastructure and gas-fired power plants with an estimated total capacity of 1,800 MW. LNG will be imported, regasified and then distributed to consumers across the country. In 2024, West Africa LNG Group announced plans to supply electricity to the country by 2025 as part of the project. The announcement follows an agreement between the company and Guinea-Conakry’s government in 2023 for the development of the $3 billion LNG project. Further updates will be explored at AEW: Invest in African Energies 2025.

“Guinea-Conakry represents a frontier market with significant oil and gas potential. Strategically located in close proximity to regional projects and offering a wealth of seismic data, the country has emerged as a hotspot for global frontier explorers. By investing in the country, operators stand to make play-opening discoveries while creating a new hydrocarbon province in West Africa,” stated Oré Onagbesan, Program Director, AEW: Invest in African Energies.

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

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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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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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