Connect with us

Business

AmCham Libya Partners with Libya Energy & Economic Summit 2023

Published

on

Libya Energy

The American Chamber of Commerce in Libya has once again partnered with Energy Capital & Power for the Libya Energy & Economic Summit, paving the way for U.S. companies to enter the market

TRIPOLI, Libya, July 24, 2023/APO Group/ — 

The American Chamber of Commerce in Libya (AmCham Libya) has partnered with Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) for the second edition of the Libyan Energy & Economic Summit (LEES), taking place November 8-9, 2023 in Tripoli. A testament to the strategic importance of the event, the partnership is set to open new doors for U.S. companies in Libya’s promising energy market.

Under a mandate to support market entry and open up new opportunities for American companies worldwide, AmCham Libya facilitates business between the U.S. and Libyan firms. The chamber identifies and addresses common areas of commercial interest, and with Libya’s energy sector reopening for international players, U.S. energy firms and investors could play a much larger role in the country. In addition to oil and gas, numerous opportunities in renewable energy, infrastructure, mining, manufacturing and other sectors are available.

Debbie Hirst, President of AmCham Libya, said, “We are really happy that ECP is coming back to Libya this year. The 2021 event was extremely impactful in terms of sending a message to the international community that Libya was actively re-engaging. The second edition in 2023 shows that Libya continues on its positive trajectory and AmCham is excited to be part of it.”

AmCham Libya plays a crucial role in facilitating business between U.S. and Libyan companies, and through the summit

“ECP is proud to once again partner with AmCham Libya for this important summit. AmCham Libya plays a crucial role in facilitating business between U.S. and Libyan companies, and through the summit, we believe that this will extend into various segments of the Libyan energy sector. Libya has always held and will continue to hold enormous opportunities for U.S. companies, and we look forward to supporting a new era of bilateral trade and commerce,” states James Chester, ECP Senior Director.

In 2021, LEES represented the first major investment event to take place in Libya for over a decade, and triggered several industry-advancing deals. This year, the AmCham-ECP partnership serves to make the summit even more accessible to U.S. companies looking at investing in the country.

U.S. companies have historically played an important role in expanding the Libyan energy sector. Today, major players including oilfield services providers Halliburton and Schlumberger, and industrial conglomerate General Electric (GE), are members of AmCham Libya and provide technology and best practices that advance the energy sector in Libya.

Strategically timed, LEES 2023 will serve to enhance U.S. companies’ involvement in Libya while providing investors and project developers with the opportunity to expand into regional markets. The summit is centered on partnerships and deals, and with its result-oriented approach, invites international and private players to join the Libyan market.

LEES 2023 takes place in Tripoli on 8-9 November with the endorsement and support of the Office of the Prime Minister, the Ministry of Oil and Gas, and the National Oil Corporation of Libya. Following a highly successful first edition in 2021, LEES convenes leaders in energy, finance, mining, trade and more to put a spotlight on Libyan resources and facilitate new investment.

Contact james@energycapitalpower.com to learn about participation in the event as an official delegation. Contact the ECP sales team at sales@energycapitalpower.com for sponsorship options or talk to the registration team at register@energycapitalpower.com to secure your delegate tickets.

Distributed by APO Group on behalf of Energy Capital & Power

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

Published

on

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.

Continue Reading

Business

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

Published

on

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.

 

Continue Reading

Business

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

Published

on

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).

Continue Reading

Trending

Exit mobile version