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African Refiners & Distributors Association (ARDA) Executive Secretary Joins African Energy Week (AEW) 2025 in Support of Africa’s Growing Downstream Sector

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African Refiners

The African Refiners & Distributors Association supports downstream projects across Africa through strategic collaboration, policy advocacy and innovative solutions – a central focus of this year’s African Energy Week: Invest in African Energies conference

CAPE TOWN, South Africa, June 18, 2025/APO Group/ –Anibor Kragha, Executive Secretary of the African Refiners & Distributors Association (ARDA) – a pan-African organization that serves as the voice of the continent’s downstream sector – will speak at this year’s African Energy Week (AEW): Invest in African Energies conference. Taking place on September 29-October 3 in Cape Town, the event is the largest gathering of energy stakeholders on the continent. Kragha’s participation will contribute to discussions on the downstream sector, covering challenges, opportunities, trends and projects.

This comes as many of Africa’s major oil and gas producers – including Nigeria, Angola, Algeria and the Republic of Congo – pursue bold strategies to strengthen domestic petroleum value chains. These efforts aim to reduce refined petroleum imports and improve fuel security. ARDA plays a key role by promoting strategic collaboration, policy advocacy and industry innovation. Recently, the association called for the creation of an African downstream register to better support projects. At AEW 2025: Invest in African Energies Kragha is expected to outline the benefits of such a register and highlight ARDA’s strategies to drive downstream expansion.

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.

By shifting from an export-driven to a domestic-focused mindset, the continent can unlock greater value from its oil and gas resources

Refinery development is a critical priority for many African countries, with several major projects underway to boost regional fuel distribution and lower costs. Angola is advancing three new facilities aiming for a combined capacity of 445,000 barrels per day (bpd), including the 60,000 bpd Cabinda refinery (expected online in 2025), the 200,000 bpd Lobito facility and the 150,000 bpd Soyo project. Nigeria’s Dangote Refinery, Africa’s largest at 650,000 bpd, is progressing toward full operational capacity. In the Republic of Congo, the Fouta Refinery, designed to produce 2.5 million tons of petroleum products annually, is slated to begin operations by the end of 2025. South Africa plans to rehabilitate the SAPREF refinery, which has been closed since 2022. The refurbishment aims to raise capacity from 180,000 bpd to 600,000 bpd, opening new opportunities for affordable fuel supply.

Beyond refineries, several African countries are prioritizing cross-border pipelines to boost exports and regional fuel distribution. Notable projects include the 1,443-km East Africa Crude Oil Pipeline linking Uganda’s oilfields to Tanzania’s Port of Tanga and expected to start operations in 2026. Nigeria’s $25 billion Nigeria-Morocco Gas Pipeline will traverse 13 West African countries over 5,660 km to connect Nigerian gas fields with European markets via Morocco, with production targeted for 2029. Meanwhile, a planned $13 billion pipeline running from Nigeria through Niger to Algeria, spanning 4,128 km and delivering 30 billion cubic meters of gas annually, aims to facilitate regional exports and deeper African collaboration.

While these developments mark significant progress toward expanding fuel distribution in Africa, achieving downstream ambitions requires substantial investment. Kragha’s participation at AEW 2025: Invest in African Energies is expected to provide valuable insights on sector challenges and opportunities, fostering new deals and partnerships.

“In order to end energy poverty by 2030, Africa must significantly scale up investments across the downstream sector,” says Ore Onagbesan, Program Director of AEW 2025. “By shifting from an export-driven to a domestic-focused mindset, the continent can unlock greater value from its oil and gas resources. Organizations like ARDA recognize the critical role refining, pipelines, petrochemicals and terminals play in enhancing energy security across Africa.”

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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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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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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