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African Petroleum Producers Organization (APPO) Appoints Farid Ghezali as Secretary General, Charting New Course for African Oil Producers

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African Energy Chamber

With decades of experience in Africa’s upstream oil and gas sector, Farid Ghezali assumes the role of Secretary General of the African Petroleum Producers Organization

JOHANNESBURG, South Africa, November 6, 2025/APO Group/ –The African Petroleum Producers Organization (APPO) appointed Algeria’s Farid Ghezali as its new Secretary General during the Ministerial Council Meeting in the Republic of Congo this week. Ghezali will take up the post in January 2026, marking the start of a new chapter for the continent’s oil producers as Africa positions its petroleum industry at the center of a just, inclusive and sustainable energy future.

 

The African Energy Chamber (AEC) – as the voice of the African energy sector – extends its congratulations to Ghezali on his appointment as Secretary General. Ghezali brings decades of experience in Africa’s upstream oil and gas sector and is set to lead the organization into a new era of collaboration and growth. The AEC also extends its gratitude to outgoing Secretary General Dr. Omar Farouk Ibrahim, whose exceptional leadership and unwavering commitment have elevated APPO’s role as the leading voice for African oil producers. Under Dr. Ibrahim’s stewardship, APPO strengthened partnerships with governments and investors, advanced the localization of Africa’s energy value chain and reaffirmed the role of oil and gas in powering Africa’s development. His tireless advocacy for African energy independence and intra-African cooperation has left an enduring legacy.

Farid Ghezali’s appointment comes at a decisive time for African oil producers

Ghezali assumes the role at a time when Africa’s oil and gas sector is on the precipice of accelerated growth. Play-opening oil discoveries made in markets such as Namibia and Ivory Coast, in tandem with renewed exploration campaigns in established provinces such as Angola, Nigeria and Libya, signal new opportunities for strengthened production. Advancements in seismic acquisition, processing technologies and deepwater drilling capabilities have further bolstered exploration efforts, setting the stage for future discoveries. With these projects, African hydrocarbon production is set to rise to 13.6 million barrels of oil equivalent per day (MMboe/d) by 2030, showing a notable increase from 2026 – estimated at 11.4 MMboe/d. Despite this growth, much more investment is needed to unlock the full potential of Africa’s oil industry.

As the continent enters its next era of oil development, APPO will continue to play a central role in promoting Africa’s energy agenda on a global stage. While global policymakers call for an end to oil exploration and production, Africa maintains its right to develop its resources for the development of its economies. In this scenario, APPO plays an important role, serving as a bridge between African producers and global counterparts. The organization has long-advocated for Africa’s position – one that is centered on responsible resource development and an inclusive approach to the energy transition. Under Ghezali’s leadership, APPO is well-positioned to continue this drive, supporting the continent as it enters its next phase of energy development.

A cornerstone of APPO’s development strategy is the launch of the Africa Energy Bank (AEB). Spearheaded by APPO in collaboration with multilateral financial institution the African Export-Import Bank, the $5 billion AEB offers a practical solution to the continent’s financial challenges, offering an avenue for African projects to access capital and drive developments forward. Under Ghezali’s leadership, APPO is tasked with realizing this important institution, supporting the continued growth of Africa’s oil industry.

“Farid Ghezali’s appointment comes at a decisive time for African oil producers. His deep industry knowledge and proven leadership will strengthen APPO’s mission to drive energy security, local value creation and regional collaboration. The AEC looks forward to working closely with him to ensure that oil remains a catalyst for industrialization and prosperity across our continent,” states NJ Ayuk, Executive Chairman of the AEC.

As the continent accelerates the pace of oil developments, APPO’s coordination under Ghezali will be critical in harmonizing local content policies, optimizing resource management and ensuring that Africa captures greater value from its hydrocarbon wealth. The AEC stands ready to collaborate with APPO and its member states to advance these shared objectives, transforming Africa’s vast petroleum resources into a foundation for inclusive and sustainable growth.

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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