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African Upstream Activity Trending Higher in 2023: What’s Driving the Increase? (By NJ Ayuk)

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oil and gas

The report says investment in African upstream activities will wrap up 2022 at about $33 billion, then grow as much as $15 billion more over the period 2023-2025 compared to year-end 2021 estimates

JOHANNESBURG, South Africa, November 21, 2022/APO Group/ — 

By NJ Ayuk, Executive Chairman, African Energy Chamber (http://www.EnergyChamber.org)

When TotalEnergies and Shell separately announced “significant” discoveries of what appears to be commercial quantities of oil and gas offshore Namibia — possibly more than 4 billion barrels of oil in total — it signaled something new for the nation: a chance to monetize its natural resources to combat energy poverty and accelerate economic growth. The offshore deposits — the nation’s largest find since independence — are at peak likely to provide Windhoek an estimated $5.6 billion annually in royalties and taxes and should help the nation double its $11 billion economy by 2040. 

The find also demonstrated how well African oil and gas development activity is faring despite repeated efforts to tamp it down. With activist investors trying to stem the flow of international funds into African fossil fuel projects, and major oil companies under pressure to rebalance their portfolios by adding lower emission assets, the Namibia experience is impressive on several counts. The pragmatism of Namibian officials has been encouraging to investors and we hope that pragmatism stays.

It’s also likely a harbinger of things to come for Africa’s upstream energy sector, according to the African Energy Chamber’s (AEC’s) report, “The State of African Energy: 2023 Outlook,” now available here (http://bit.ly/3NbQLtD).

The report says investment in African upstream activities (defined as exploration, production, and development) will wrap up 2022 at about $33 billion, then grow as much as $15 billion more over the period 2023-2025 compared to year-end 2021 estimates. In addition to Namibia, greenfield spending — that is, foreign direct investment in new projects — is being driven by Mauritania, Senegal, Uganda, Congo, Mozambique, Ghana, Angola, and Cote d’Ivoire. In 2022, exploration alone was up 130% over 2021.

Deep Pockets

The twin discoveries by TotalEnergies and Shell came three weeks apart, but there are no overnight successes in oil and gas. Exploration by one company or another has been taking place in Namibia for more than 30 years, and first production from the giant find isn’t expected until 2028. Still, while this is the largest discovery to date, it’s just the latest in a series of new opportunities that include a high-impact onshore exploration program by Canadian oil company ReconAfrica (the basin is the size of Texas, and some are saying it could shape up to be the last great onshore oil discovery in the world) and developments by Atlantic Oil & Gas and Global Petroleum — projects the 2023 Outlook describes in some detail.

Could there be better proof that the world isn’t ready to abandon fossil fuels, especially given the push and pull of market conditions and the fact that renewables, while desirable, aren’t ready to replace hydrocarbons quite yet?  And could there be more evidence that the “last frontier” fields onshore and offshore Africa are considered a fruitful alternative to the world’s legacy basins whose productivity is waning?

True, COP26 and its international fossil fuel finance bans took the wind out of certain sails. Lack of investment has delayed some projects and suspended others during the last year. But even climate agreements haven’t kept the United States International Development Finance Corporation (DFC), one of the primary funders of all types of overseas energy projects, from plowing far more support into African oil and gas development than into renewables. The Guardian recently reported that DFC and Exim — the Export-Import Bank of the United States — have invested more than $9 billion in hydrocarbons compared to just $682 million in wind and solar, Together, they have bankrolled oil facilities in Senegal and Equatorial Guinea and invested in an Egyptian gas pipeline. And in 2019, Exim agreed to provide a $4.7 billion loan to finance a project in northern Mozambique overseen by TotalEnergies.

The truth, plain and simple, is that the world needs more energy. And Africa needs it even more than most.

Experts say energy demand in Africa is expected to be 30% higher over the next two decades

Powering Progress

Africa is ripe for increased energy development, hydrocarbons, and renewables alike, especially as the continent undergoes dramatic demographic shifts, chiefly staggering population growth, sustained urbanization, and greater industrialization. Consider this: In 1950, less than 10% of the world’s population lived in Africa, but by 2050, that figure will be closer to 25%. Between now and then — less than 30 years — the populations of more than half of Africa’s nations are expected to double. In real numbers. This means Africa will be home to 2.5 billion people by 2050, and its urban areas alone will have added 950 million people. In fact, Africa’s cities are the fastest growing on the planet. Generally speaking, that’s good news. City life is associated with better economic outcomes for individuals as well as higher standards of living: greater access to education, jobs, services, infrastructure, and electricity. Progress in cities far outpaces rural areas by just about every metric.

Of course, it takes a lot of energy (and money) to power progress. Experts say energy demand in Africa is expected to be 30% higher over the next two decades (by contrast, global demand will only grow 10%), meaning it will easily outstrip supply. And although Africa has about 60% of the world’s best solar resources, its 1% installed solar capacity isn’t likely to keep many lights on or factories running. No wonder we’re seeing the kind of uptick we are in upstream activity. 

Sub-Saharan Opportunity

While oil is still in play, much of the focus has pivoted to natural gas, which is considered a cleaner, even “green” fuel, even by the most ardent hydrocarbon proponents. Today, analysts believe that countries with significant gas production could expect their gas reserves to be more resilient under various energy transition scenarios than their oil reserves.

What does that mean for Africa? As discussed during African Energy Week in Cape Town, the 2023 Outlook notes that the continent holds more gas potential in the medium term than oil; more than 700 trillion cubic feet (tcf) of natural gas resources have been discovered in Africa but are yet to be approved for development. Many of these discoveries are planned to be developed as liquified natural gas (LNG) projects. In fact, most of the gas projects sanctioned in Africa are related to supplying LNG either within Africa or to markets like China and Europe, which is diversifying away from Russian gas. With the exception of developments in Libya, the LNG projects are largely in sub-Saharan Africa. As such, this is where CAPEX spending is centered. The AEC report estimates that 80% of the 2022 – 2025 cumulative greenfield spending from Africa is expected to come from sub-Saharan projects.

While some decry those investments because they generate energy for export outside the continent, government officials say their economies — and, therefore, their citizens — depend on resource wealth.  And intraregional trade within Africa is destined to grow, especially as investment increases in gas infrastructure required to support domestic industrialization — pipelines, processing facilities, and LNG regasification plants, and the like.

A Template for the Future?

Regardless of whether they’re onshore or offshore, the Namibian discoveries aren’t just important — they’re transformational. ReconAfrica’s huge, conventional oil play is already providing well-paying jobs to 200 people from the Kavango region, where 40% of the people live in generational poverty, and local hiring is expected to continue as the project advances. The company has also made it a priority to provide clean water to the region; they’ve drilled four water wells and have permits for 16 more.

And, as we’ve seen time and time again, in the energy business, success breeds success. In this case, Namibia shares the same geological sedimentary basin with South Africa — and Shell, TotalEnergies, PetroSA, Sezigyn, and Impact Africa all hold exploration acreage in the South African sector. South Africa needs to move with a petroleum legislation immediately and ensure stability so more investment can come into the country. The hydrocarbon potential of the region is tremendous, suggesting the economic potential is as well — as long as development is allowed to continue.

Distributed by APO Group on behalf of African Energy Chamber.

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Nigeria and Senegal Must Follow Ghana and Mozambique Against Exclusionary Practices

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African Energy Chamber

African private sector leaders call for withdrawal from Frontier Energy events that marginalize local talent, championing inclusion, fair contracting and the Alliance model of partnership

JOHANNESBURG, South Africa, April 10, 2026/APO Group/ –The African private sector is raising the alarm over Frontier Energy Network’s policies that systematically exclude African professionals and service providers from meaningful roles in major energy forums. Such exclusionary practices threaten decades of progress in African energy development, including local capacity building, knowledge transfer and economic participation.

Frontier’s approach, framed as a global platform for Africa, is in practice a system that extracts value from the continent while denying Africans the opportunities to lead, participate and benefit. Marginalizing the very people who build, operate and sustain energy projects is not partnership – it is structural exclusion masquerading as opportunity.

African businesses – particularly in Nigeria and Senegal, which drive regional growth – must reassess their participation in platforms that perpetuate these policies. African capital, sponsorship and attendance cannot continue to legitimize forums where local stakeholders are systematically sidelined. Market access must be earned and mutually respected.

Mozambique and Ghana have already set a precedent. In March 2026, Mozambique’s oil and gas industry withdrew from the Africa Energies Summit in London, citing repeated failures by the organizers to improve diversity, transparency and inclusion of Black professionals in leadership, contracting and deal-making roles. In early April 2026, the Ghana Energy Chamber followed suit, formally pulling out of the same summit over discriminatory hiring practices that sidelined African professionals, executives and service providers. These coordinated actions send a clear message: Africa will no longer support platforms that deny its talent the right to lead, contribute and benefit.

Africa will no longer sit quietly while its talent is excluded from opportunities on its own continent

The gold standard for companies to thrive in Africa is robust collaboration with international partners while building local capacity – exemplified by Senegal-based energy services company Alliance Energy. Alliance has advanced African expertise in the sector, notably supporting the launch of the National Institute for Petroleum and Gas in Senegal to train young professionals for leadership roles, while backing diverse energy initiatives across power, solar, gas and wind that strengthen Senegal’s position as a regional energy hub.

This success demonstrates that African companies flourish when local talent, leadership, contracting and workforce development are central to execution, alongside strategic partnerships with the US, UK and Europe. Any entity attempting to operate in Africa without a commitment to hiring or contracting local professionals threatens not only the ecosystem that nurtured companies like Alliance Energy but also the continent’s broader ambition to grow regional capability, ownership and sustainable energy development.

“The message is simple,” says Dr. Ndjuga Dieng, Managing Director of Alliance Energy. “Africa will no longer sit quietly while its talent is excluded from opportunities on its own continent. Nigeria, Senegal and all African nations must follow the lead of Ghana and Mozambique by standing against platforms that discriminate. Protect your people, your companies and your energy future. Inclusion is not optional – it is the foundation of growth.”

African energy markets have historically thrived on collaboration, both within the continent and with international partners. Events such as the Offshore Technology Conference (OTC) and the Invest in African Energy (IAE) Forum exemplify this model, integrating African executives, policymakers and service providers into core programming, deal-making and knowledge transfer.

African stakeholders must prioritize platforms that respect local content, equitable hiring and fair contracting. Strategic withdrawal from exclusionary events is not isolationism – it is a stand for principle, economic logic, and the future of Africa’s energy sector. The continent defines its own trajectory and will engage only with partners that recognize African talent as integral, not optional, to the industry’s future.

The position advanced by Alliance Energy aligns with broader advocacy across the continent, including that of the African Energy Chamber, which has consistently called for stronger local content policies, fair contracting practices and greater inclusion of African professionals across the energy value chain. This alignment underscores a growing consensus among African private sector leaders that sustainable industry growth depends on meaningful participation by local companies and talent, not their exclusion.

Distributed by APO Group on behalf of African Energy Chamber.

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Sheraton Nouakchott marks the entry of Marriott International in Mauritania

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Nouakchott

As Mauritania’s cultural and economic heart, Nouakchott offers visitors a glimpse into the serene beauty and rich heritage that define this remarkable Northwest African nation

We are proud to have brought Marriott International to Mauritania with the opening of Sheraton Nouakchott, the first internationally operated and branded hotel in the country

NOUAKCHOTT, Mauritania, April 10, 2026/APO Group/ –Sheraton Hotels & Resorts, part of Marriott Bonvoy’s (www.Marriott.com) portfolio of more than 30 hotel brands, recently celebrated the opening of Sheraton Nouakchott Hotel (https://apo-opa.co/4t3YGO4), marking the entry of Marriott International into a new territory, Mauritania. Since opening its doors, Sheraton Nouakchott has, positioned itself as a new hub for business, events and leisure in the Mauritanian capital.

 

Nouakchott, the capital of Mauritania, is a coastal city where tradition and modernity meet. Nestled between the vast Sahara and the Atlantic Ocean, it serves as a gateway to the country’s breathtaking natural landscapes, from golden dunes and tranquil oases to rugged coastlines and untouched desert plains. As Mauritania’s cultural and economic heart, Nouakchott offers visitors a glimpse into the serene beauty and rich heritage that define this remarkable Northwest African nation.

Ideally located near iconic landmarks such as the Marché Capitale and the National Museum of Mauritania, as well as Nouakchott’s beaches and fishing port — and just a short distance from the desert — Sheraton Nouakchott offers an ideal base from which to discover the destination.

“We are proud to have brought Marriott International to Mauritania with the opening of Sheraton Nouakchott, the first internationally operated and branded hotel in the country. Since welcoming our first guests, the hotel has quickly established itself as a destination for both travellers and the local community. This milestone underscores our commitment to delivering exceptional hospitality experiences in emerging markets, while celebrating the culture and character of each destination,” said Sandra Schulze‑Potgieter, Vice President, Premium, Select & Midscale Brands, Europe, Middle East & Africa, Marriott International.

Local design inspiration

Traditional crafts, from wood carving to metalwork, are woven throughout the hotel’s materials and furnishings, creating spaces that feel both rooted and refined. Every detail tells a story of local artistry, heritage and place, offering guests an immersive experience inspired by Mauritania’s cultural and natural beauty.

Inspired by the legendary landmarks along the Trans‑Saharan trade route, the hotel’s design blends regional heritage with contemporary elegance. The circular ceiling of Feast restaurant draws inspiration from the Richat Structure, also known as the Eye of Africa. Earthy tones and organic materials reference the dramatic landscapes of the Adrar Mountains, while patterns inspired by Chinguetti and Oualata are reinterpreted throughout guest rooms, public spaces and Bene restaurant.

Meeting spaces echo the stone architecture of Tichitt, one of West Africa’s oldest towns and a historic caravan hub.

Guest rooms and suites with local charm

Sheraton Nouakchott features 200 spacious guest rooms and suites, including two Presidential Suites, combining contemporary comfort with subtle local touches. All rooms are equipped with the latest technology and Sheraton signature amenities, including the iconic Sheraton Sleep Experience.

The Sheraton Club offers Marriott Bonvoy Elite members and Club guests an elevated, all‑day experience, with curated food and beverage offerings, premium amenities, enhanced connectivity and a private environment designed for both productivity and relaxation.

Local flavours meet international influence

The hotel features two restaurants, a Lobby Bar and a Pool Bar. Feast, the all‑day dining restaurant, serves locally inspired and international dishes made with seasonal ingredients. Bene offers an immersive Italian dining experience in a warm, inviting setting. The Lobby Bar provides a relaxed meeting point from morning coffee to evening gatherings, while the Pool Bar offers refreshing drinks and light bites by the outdoor pool.

 

Facilities offering a resort feel in the heart of the city

Despite its central urban location, Sheraton Nouakchott delivers a resort‑like atmosphere, centred around an expansive outdoor pool. Guests can maintain their fitness routines in the fully equipped fitness centre — featuring separate floors for women and men, hammam and sauna — or enjoy the outdoor tennis court. The Sheraton Spa features three treatment rooms, offering a peaceful retreat after a day of exploration or meetings.

Meetings & events curated to perfection

Sheraton Nouakchott offers more than 2,600 square metres of flexible Meetings & Events space, including a Grand Ballroom, a Ballroom and four additional meeting rooms. A signature Sheraton Community Table sits at the heart of the hotel, providing a welcoming space for informal meetings, remote work and collaboration. A dedicated events team ensures seamless delivery from concept to execution.

Gatherings by Sheraton

In line with Sheraton’s global community‑centred approach, Sheraton Nouakchott hosts Gatherings by Sheraton, curated weekly experiences designed around enrichment, renewal and local stories. Guests and locals can take part in Mauritanian mixology sessions using local mint tea and fruits, or storytelling evenings inspired by Saharan traditions.

Distributed by APO Group on behalf of Marriott International, Inc..

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African Energy Chamber (AEC) Supports Perenco Partnership to Advance Industry 4.0 Skills in Central Africa

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African Energy Chamber

The African Energy Chamber welcomes Perenco Cameroon and Perenco Gabon’s partnership with UCAC-ICAM to launch an Industry 4.0 lab, advancing local skills development and strengthening Africa’s industrial future

JOHANNESBURG, South Africa, April 9, 2026/APO Group/ –A new partnership between Perenco Cameroon, Perenco Gabon and the UCAC-ICAM Institute in Douala to establish an Industry 4.0 laboratory marks a significant step toward aligning academic training with the evolving needs of the energy and industrial sectors. The facility will give students access to advanced automation, digital simulation and smart production technologies, helping close the gap between academic learning and the practical, industry-ready skills required across Central Africa’s industrial landscape.

 

As the voice of Africa’s energy sector, the African Energy Chamber (AEC) welcomes the initiative as a scalable model for local content development. By equipping students with Industry 4.0 capabilities, the laboratory directly supports the Chamber’s mandate to ensure greater in-country value creation and workforce participation across Africa’s energy value chain. The initiative also addresses critical skills shortages, enabling operators to increasingly rely on locally trained talent.

 

Developing local skills is fundamental to building a competitive and sustainable energy sector in Africa

The partnership underscores Perenco’s long-term commitment to sustainable development and capacity building in Cameroon and Gabon. Designed as a mini-factory, the UCAC-ICAM laboratory enables students to engage with real-world industrial tools and processes. This hands-on approach will support the development of engineers and technicians capable of contributing to key projects, including operations in the Rio del Rey Basin and infrastructure developments such as the Cap Lopez LNG terminal in Gabon.

 

Students across multiple disciplines will benefit from hands-on exposure to the lab’s advanced technologies. General Engineering students will train using robotic systems and virtual reality simulations, while Computer Science Engineering students will focus on industrial IoT and smart technologies. Process Engineering students will gain experience in automated production systems, and Petroleum program students will develop expertise in energy systems and instrumentation control. Graduates from UCAC-ICAM are being actively recruited by leading companies operating in Douala, reflecting growing demand for locally trained, industry-ready talent.

“Developing local skills is fundamental to building a competitive and sustainable energy sector in Africa,” says NJ Ayuk, Executive Chairman of the AEC. “This partnership demonstrates how industry and academia can work together to create a highly skilled workforce that will drive Africa’s industrialization and energy future. It is exactly the type of initiative needed to ensure Africans play a leading role in developing the continent’s resources.”

The UCAC-ICAM laboratory represents a strategic investment in Africa’s industrial and energy future. By strengthening local capacity, advancing technology adoption and supporting independent operators, the initiative aligns with the AEC’s broader vision of a self-sufficient and globally competitive African energy sector.

Distributed by APO Group on behalf of African Energy Chamber.

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