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Angola: How government enables energy success

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Angola

A productive, mutually beneficial partnership with regional governments can be the cornerstone of successful energy development, says Ane Aubert, managing director of Equinor Angol

CAPE TOWN, South Africa, September 23, 2024/APO Group/ — 

The key to the successful, long-term development of a country’s natural energy resources can be a government that is willing to partner with energy companies to share risks as well as benefits, and to devise compliance approaches for effective social and environmental transformation.

So says Equinor Angola managing director Ane Aubert, of the company’s decades-long investment in Angola.

Government effort

Equinor is an international energy company headquartered in Norway, but over the years since the company entered the Angolan market in 1991, Angola has become one of the largest contributors to Equinor’s energy production outside Norway.

“The Angolan energy sector has made significant progress over the years” says Aubert. “We recognize the government´s effort to improve the business environment and remain attractive for investors.”

Among these efforts, Aubert notes the recent Presidential decree on incremental production. “It’s a great development,” says Aubert. “It introduces better terms for all oil and gas licenses, including incentives for mature fields and cost recovery for dry exploration wells.”

The Angolan government has also taken steps to enhance transparency and governance in the sector, by joining the Extractive Industries Transparency Initiative (EITI).

“Equinor has been a longstanding supporter of the EITI, and this was a significant move towards greater accountability and public awareness about Angola’s natural resources,” she says.

CO2 reduction

Aubert says the Angolan government’s commitment to enabling sustainable development is expected to stimulate more activity and investment.

“A key element of maintaining and enhancing Angola’s competitiveness is the continuous focus on CO2 reduction measures,” she says. “This is essential, not only for the environment but also for attracting investment in a global market increasingly focused on low-carbon initiatives.”

Energy development in Africa must mean investing in the local workforce, promoting human rights, and being a constructive, proactive partner with authorities

For its part, Equinor is poised to continue its investment. It is set to drill two promising exploration opportunities in its blocks 1/14, and 47 offshore assets, and has plans for new infill and near-field exploration (ILX) wells in its legacy assets over the next five years.

The company made its first Angolan discovery in 1995. Its portfolio today is partner operated and delivers around 110 000 barrels of oil per day – around 10% of Angola’s total oil production.

Significant player

Despite the recent emergence of new frontier discoveries, Aubert is confident that Angola will remain a significant energy player on the continent long into the future. 

“While Namibia is gaining attention as a potential new world-class exploration frontier, Angola continues to hold a strong position in Africa thanks to its established infrastructure, skilled workforce, and still substantial reserves potential,” says Aubert. “This combination, together with the government’s proactive approach, and increased focus on compliance, provides a stable and attractive environment for investors“.

Aubert says unlocking that attractive investment potential must go hand-in-hand with real ESG commitments. Equinor is itself part of several initiatives to boost efficiency and sustainability.

Through CO2 reduction roadmaps with partners and operators, process optimization, energy efficiency, and technology upgrades, the company reduced its CO2 emissions in Angola by 40% from 2018 to 2023.

It has also committed, alongside Sonangol and its operators, to the Oil and Gas Decarbonization Charter to end routine flaring by 2030 and achieve net-zero targets by 2050. It is also part of the Satellite Monitoring Campaign to detect methane leaks across assets.

“We believe it’s possible to lead in the energy transition while continuing our oil and gas activities, by optimizing our operations and focusing on efficient hydrocarbon development,” says Aubert.

Community projects

The company also has numerous community projects aimed at achieving social as well as economic progress.

A project in the southern Huila province aims to support 5 000 people in 10 rural communities affected by droughts and climate change through access to water and clean energy, as well as sustainable agricultural practices.

A biodiversity project supports a national inventory of mangrove ecosystems, which could hopefully lead to the recognition of Angolan mangroves as wetlands of international importance under the Ramsar Convention.

“Energy development in Africa must mean investing in the local workforce, promoting human rights, and being a constructive, proactive partner with authorities,” concludes Aubert. “Continued commitment, innovation, and collaboration across the Angolan industry is crucial to further reducing carbon emissions and achieving a sustainable energy future for all Angolans.”

  • Ane Aubert will be a featured speaker at AOW: Investing in African Energy, to be held in Cape Town at the CTICC2 from October 7 – 10. AOW is the meeting place for the global community of African energy stakeholders committed to enabling a prosperous energy outlook for Africa.

Distributed by APO Group on behalf of AOW: Investing in African Energy.

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Collaboration to Empower Africa’s Future

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Uniting Purpose-Driven Leaders to Shape Africa’s Sustainable Future

NAIROBI, Kenya, September 23, 2024/APO Group/ — 

The 2024 Africa Shared Value and ESG Summit (https://AfricaSharedValueSummit.com/), taking place in Nairobi, Kenya on October 24th and 25th, will unite business leaders from across the continent to address what is crucial for securing a sustainable future for all of Africa. As the summit continues to build on the legacy of the Africa Shared Value Leadership Summit, first established in 2017, it remains a beacon of purpose-driven leadership and innovation. In 2024, the urgency to drive social and business transformation has reached a pivotal moment. This summit stands as a powerful catalyst for meaningful, long-lasting change—empowering leaders to not only envision but actively create the Africa of tomorrow.

A Catalyst for Lasting Change

Hosted by Shared Value Africa and ESG Africa, and organised by Shift Impact Africa, the summit serves as a powerful engine for transformation within organizations and society. It champions the Shared Value business management concept, demonstrating that business success and societal progress are not only compatible but mutually reinforcing. As a critical platform for collaboration and business growth, the summit fosters the exchange of knowledge and sparks innovative thinking. Industry leaders will share groundbreaking insights, experiences, and best practices designed to accelerate Africa’s journey toward sustainability. Participants are not just encouraged but empowered to challenge conventional approaches, gain fresh perspectives, and ignite bold, transformative ideas that drive impactful change across the continent.

The 2024 Summit: Empowering Africa’s Future

Scheduled for 24-25 October 2024 in Nairobi, Kenya, this year’s Africa Shared Value and ESG Summit promises to build on its distinguished legacy. The event will bring together purpose-driven organisations and business leaders from across Africa, united in their commitment to achieving the vision of the “Africa We Want.” Under the theme “Empowering Africa’s Future,” the summit will focus on five key areas: economic growth, climate action, inclusive health, gender equality, and technology as a catalyst for progress.

This gathering will serve as a platform for essential connections, promoting the cross-pollination of expertise across various industries and sectors. Over two days, attendees will engage in meaningful exchanges of best practices, success stories, and lessons learned. This environment of continuous learning and adaptability will equip organisations to navigate the evolving landscapes of business and society, helping them not only to survive but to thrive.

Engaging Sessions for Broader Impact

Our ongoing partnership with SVA underscores our dedication to making a meaningful impact on the ‘Africa we want’

The summit’s programme includes keynote addresses, roundtable discussions, fireside chats, interviews, and masterclasses—all designed to showcase the scalable impact of the creation of value. By sponsoring the Africa Shared Value & ESG Summit, your organisation can play a significant role in this dynamic event, not just as a brand, but as a leader in thought and action.

We invite your organisation to take an active part in shaping the 2024 edition. This exceptional opportunity will bring together organisations from across Africa, all working towards a shared vision of progress. As a sponsor, your involvement will be tailored to align with your business and sustainability objectives, ensuring that your contribution resonates with the broader goals of the summit.

Seize the Opportunity

As we count down to the 2024 Africa Shared Value Leadership Summit, now is the time to get involved. Special rates are available for early bird sponsors, offering extended marketing exposure and a platform for engaging with thought leadership throughout the lead-up to the event.

Partnerships that Drive Transformation

The collaboration with Safaricom exemplifies the summit’s calibre, reflecting the tech giant’s unwavering commitment to societal transformation in East Africa. Peter Ndegwa, CEO of Safaricom, remarks, “Our ongoing partnership with SVA underscores our dedication to making a meaningful impact on the ‘Africa we want.’ Safaricom is thrilled to once again bring our transformative agenda to this prestigious event.”

Returning to the Radisson Blu in Nairobi, with Kenya Airways as the travel partner, the 2024 Summit promises to be more than just a gathering of leaders from across Africa. It will be where the Shared Value community charts the course for an era of inclusive business prosperity. Tiekie Barnard, CEO of Shift Impact Africa, captures the essence of the event: “This Summit will bring together organisations and respected thought leaders who will share their invaluable insights and experiences, highlighting the powerful connection between value creation, ESG, and long-term sustainability.”

Distributed by APO Group on behalf of Africa Shared Value and ESG Summit.

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Celebrating this Year’s 25 Under 40 Energy Women Rising Stars

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The African Energy Chamber proudly announces the 25 Under 40 women who are playing an instrumental part in strengthening Africa’s energy industry

CAPE TOWN, South Africa, September 21, 2024/APO Group/ — 

As Africa’s energy sector continues to grow, a new generation of women is breaking barriers and redefining leadership in this critical industry. The African Energy Chamber (AEC) (www.EnergyChamber.org) proudly announces the 2024 edition of the 25 Under 40 Energy Women Rising Stars – a group of outstanding individuals whose innovation, perseverance and passion are transforming the landscape of African energy. These trailblazers are not only reshaping a traditionally male-dominated field but are also playing a vital role in the journey to end energy poverty by 2030. The AEC proudly honors these women as they lead the charge toward a more sustainable and equitable energy future.

In alphabetical order:

Amena Bakr, Senior Research Analyst, Energy Intelligence

Amena Bakr is a Senior Research Analyst at Energy Intelligence. Specializing in the energy transition, corporate strategy and market analysis, Bakr leads insights on oil markets, OPEC policies and political trends in the Middle East and Gulf Arab region. Her previous roles include Chief OPEC Correspondent and Dubai Deputy Bureau Chief, where she earned accolades such as the OPEC Award for Best Journalist and the IAEE Excellence in Written Journalism Award. Bakr holds a BA in Business Administration from the Arab Academy for Science, Technology & Maritime Transport, Egypt.

Amoetsoe Mkwena, Senior Associate, Watson Farley & Williams (Middle East)

Amoetsoe Mkwena is a Senior Associate at Watson Farley & Williams, specializing in energy and infrastructure with a focus on Africa. She advises on international projects, including the $15 billion Simandou project in Guinea. Mkwena’s expertise includes power, renewables, oil and gas, and mining. Her legal skills and ability to bridge cultural divides make her a key player in Africa’s energy sector.

Asha Amani, General Manager, INTERAFCON

Asha Amani is the General Manager at INTERAFCON, where she blends strategy and leadership to drive growth in complex energy projects. With seven years in Industrial Engineering and five years in the energy sector, Amani excels in business strategy, opportunity identification and project management. Her previous role as a Business Development Consultant at Tetco Consulting focused on delivering tailored solutions for the energy, engineering, and construction sectors.

Blandine Biaou, Geological Engineer, Head of Research and Prospection Department, SNH-Benin

Blandine Biaou, Head of the Research and Prospection Department at SNH-Benin, specializes in hydrocarbon exploration. She has optimized Benin’s energy sector through resource management and contract revisions. Biaou has developed a modern data center and interactive database, contributing to national projects and representing Benin in international conferences, positioning it as a hydrocarbon hub.

Charné Hollands, Deputy Editor, Energy Capital & Power

Charné Hollands is the Deputy Editor at Energy Capital & Power, the leading investment platform for the African energy sector. She produces content on the entire energy value chain in Africa, with a focus on oil, gas, renewable energy and energy policy. Hollands holds a Master’s in Media Studies from the University of Cape Town and has co-authored African Energy Chamber: Road to Recovery.

Emokiniovo Dafe-Akpedeye, Managing Partner, Compos Mentis Legal Practitioners

Emokiniovo Dafe-Akpedeye, a leading dispute resolution lawyer, specializes in complex oil and gas cases. She has represented Shell Petroleum and serves as company secretary for the Ebendo Host Community Trust Board. With degrees from Oxford and Bristol, she shapes oil and gas law and is implementing digital solutions to streamline board operations.

Fatimat Adenike Olanrewaju, General Field Engineer, SLB

Fatimat Adenike Olanrewaju, a Chemical Engineering graduate, is a General Field Engineer at SLB, focusing on wellhead installations and emissions reduction. She excels in a male-dominated field and leads community service through SLB’s SEED initiative, advocating for gender diversity and mentoring.

Gracia Munganga, Senior Technical Advisory, ABT Global

With a Master’s degree in Chemical Engineering from the University of Cape Town, Gracia oversees operations for the company, which has been designing and commissioning solar PV systems across sub-Saharan Africa since 2018. Her career includes roles at GreenCape, Anaergia Africa, the Climate Innovation Centre South Africa (CIC-SA), and the Carbon Trust.

Ifeoma Adeoye, CEO, IMSE Energy Resources Limited

Ifeoma Adeoye, CEO of IMSE Energy Resources Limited, leads the company in EPCI services and innovative crude evacuation technology. A graduate of the University of Manchester and Warwick, she also founded Business Nest Investments and BNI Insurance Brokers Limited, to empower and protect people and businesses through microfinance and insurance.

Jamilla Massamba, Health Safety and Environment Manager, SLB Congo

Jamilla Massamba, Health, Safety & Environment Manager at SLB Congo, leads HSE initiatives across Africa. With a Master’s in Environmental Management Sciences, she has conducted over 100 audits and received awards for her work. Massamba also mentors young women in STEM and leads green energy projects.

Janice Faria, CEO, Enagol: Energias de Angola

As CEO of Enagol, Janice Faria has elevated the company’s national and international profile. Under her leadership, Enagol competes globally and services International Oil Companies, setting a precedent for local enterprises in the global market.

Jocelyne Machevo, Communication, Commercial & Marketing Manager, Vivo Energy Mozambique

Jocelyne Machevo, formerly with Eni Mozambique, played a key role in the Coral FLNG Project and led the company’s local brand transformation. Now at Vivo Energy Mozambique, she focuses on energy transition and decarbonization projects.

Lilian Kamanja, Electrical Engineer, Kenya Power

Lilian Kamanja is a Renewable Energy Specialist at Kenya Power with over nine years of experience in electrical engineering, network operations, and renewable energy development. She holds a BSc from the University of Nairobi and an M.Tech from IIT Delhi, focusing on renewable energy projects that enhance power accessibility and reliability.

Kanni Touray, Deputy Director General, Petroleum Commission, The Gambia

Kanni Touray, The Gambia’s youngest and first female Deputy Director General at the Petroleum Commission, has enhanced the organization’s efficiency and visibility. She champions sustainable development and energy transition, positioning The Gambia as a growing player in the global energy market.

Lizette Bouddhou, Human Resources Manager, SLB Congo and Gabon SLB

Lizette Bouddhou, HR Manager at SLB Congo and Gabon, drives diversity and workforce development. She leads recruitment and training initiatives, boosts employee engagement, and advances community outreach through educational partnerships, supporting women in STEM.

Maggie Mutesi, Managing Editor, Mansa Media

Maggie Mutesi is the Managing Editor at Mansa Media, with over 15 years of experience in major media outlets including CNN, BBC and CNBC. Her reporting spans over 30 African countries, focusing on trade and investments. At the BBC, she managed BBC Africa’s daily live program, Money Daily. Mutesi has also extensively covered the Africa Continental Free Trade Agreement, working with the African Union and Afrochampions Initiative to enhance awareness among Africa’s private sector.

Marilia Sitoe, Subsea Engineer, Eni Rovuma Basin

Marilia Sitoe, a Subsea Engineer at Eni Rovuma Basin, focuses on optimizing Mozambique’s gas sector. Her work includes deep-water gas production and subsea infrastructure for Coral South FLNG. Sitoe’s research supports Mozambique’s economic growth and sustainability goals.

Mervin Azeta, Engineer, SLB

Mervin Azeta, a leader at SLB, has advanced from field engineer to corporate strategist. Recognized for her impact on African communities and the global industry, she is active in non-profit boards and connects young Africans with top leaders, fostering learning and inspiration.

Munolwisho Elizabeth Ipangelwa, Green Hydrogen Advisor, GIZ

Munolwisho Elizabeth Ipangelwa, Green Hydrogen Advisor at GIZ, advocates for women in oil and gas and green hydrogen development in Namibia. She has educated over 200 Namibians and leads green industrialization studies to boost local industries and reduce youth unemployment.

Ozioma Agu, Partner, Stren & Blan Partners

Ozioma Agu, a Partner at Stren & Blan Partners, excels in high-profile energy and infrastructure transactions. Her work includes advising on Mobil and Shell divestments and renewable projects. Agu has earned awards for her expertise in oil and gas and green hydrogen.

Pauline Murari, Contracts Manager SLB Angola, Central and East Africa

Pauline Murari, Contracts Manager at SLB, is known for her negotiation skills and leadership. She has driven growth in SLB’s regional portfolio and contributed to projects like the East African Crude Oil Pipeline. Murari supports STEM education and local development.

Pearl Enyam Akosua Akude, Business Line Job Delivery Lead, SLB

Pearl Enyam Akosua Akude, with over 35 wells drilled, is a leader in the energy sector. She handles complex projects, trains engineers, and has contributed to innovations like TerraSphere and Net Zero Development in Africa, impacting the region’s energy landscape.

Rita Bagaine Kagoro, Talent Acquisition Manager SLB: Angola, Central and East Africa

Rita Bagaine Kagoro, a Ugandan Petroleum Engineer, has seven years of experience and holds degrees from China University of Petroleum and Delft University of Technology. Her roles include Measurements and Logging While Drilling Engineer and Drilling Product Engineer. Kagoro has innovated drilling technologies to enhance efficiency and reduce CO2 emissions. She is passionate about leadership, mentorship, and advocating for diversity in hiring and women in energy.

Tania Silva, CEO, Angola LNG Marketing

Tânia Silva is the CEO of Angola LNG Marketing, the company’s first female and youngest CEO. She oversees LNG sales, liquids contracts, and the shipping fleet. Previously, Silva was Head of Non-Operated Assets at Sonangol Gás e Energias Renováveis, S.A., where she managed non-operated assets and contributed to renewable energy projects. Her career is marked by leadership and innovation in the energy sector.

Tokollo Matsabu, Women Leader in Energy & Climate Fellow, Atlantic Council

Tokollo Matsabu is a 2024 Women Leaders in Energy and Climate Fellow and Director at Patlong Advisory, a consulting firm focused on energy programs and carbon sequestration in Africa. She is pursuing an MS in Global Energy and Climate Policy at the University of London’s School of Oriental & African Studies, with a focus on critical minerals. Matsabu has a background in financial journalism and has conducted risk analyses for various stakeholders in the Global South. She holds a Bachelor’s degree in International Relations, Media and Writing from the University of Cape Town.

Distributed by APO Group on behalf of African Energy Chamber.

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Centurion Law Group (CLG) Appoints Daoudou Mohammad as Director of Tax & Legal at Pointe-Noire Office

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Mohammad holds over 15 years of experience in business and tax law, developing a solid competence in handling complex legal issues and providing effective client support

JOHANNESBURG, South Africa, September 20, 2024/APO Group/ — 

Supporting clients operating in the CEMAC region, trusted legal adviser Daoudou Mohammad has been appointed as Director of Tax & Legal at CLG’s Pointe-Noire office (www.CLGGlobal.com). Mohammad brings a wealth of demonstrated expertise that will be instrumental to the law firm’s Africa-wide practices, as the Republic of Congo and wider Central African region sees rapid growth in the energy sector.  

Mohammad holds over 15 years of experience in business and tax law, developing a solid competence in handling complex legal issues and providing effective client support. Prior to joining CLG, Mohammad served as Senior Manager at PwC’s Tax & Legal Department in Pointe-Noire, managing the tax and legal coordination center for Francophone African countries, supervising quality and risk management operations, ensuring legal due diligence and supervising restructuring operations for groups of companies – including mergers and acquisitions and company transfers – among other key responsibilities.

We are excited to have Daoudou Mohammad head up CLG’s tax and legal services in Pointe-Noire

Having also held a managerial role at PwC’s South Africa office, Mohammad maintains an in-depth knowledge of different international systems and compliance with the highest standards of practice and service delivery, adapting to varied legal and cultural environments. Specializing in business, tax and labor law, as well as foreign exchange regulations and intellectual property, his multidisciplinary background represents a major asset to CLG and will enable the provision of integrated solutions to client needs and up-to-date advice on the latest legislative and regulatory developments. Mohammad holds a dual Master’s Degree in Intellectual Property Law and Business Law from Cameroon’s University of Yaoundé II.

The Republic of Congo is in the midst of a major investment drive, as it aims to accelerate oil and gas exploration and transform into a major LNG hub on the back of multiple large-scale LNG export projects and new exploration and appraisal drilling activities. To attract further investment and streamline regulatory processes, the country is launching a comprehensive gas code, recently approved a new Gas Master Plan led by national oil company Société nationale des pétroles du Congo, and plans to establish a dedicated national gas company. As a result, specialized tax, legal and regulatory advisory expertise is needed by companies operating in the Congo to navigate evolving energy sector legislation. 

CLG represents an experienced team of legal professionals, offering an in-depth understanding of African markets and a flexible and innovative approach to meeting the diverse needs of its clients. Serving as the preferred professional services partner in Africa, CLG is equipped to offer on-the-ground support across multiple sectors and has a rich history of spearheading transformative oil and gas transactions across the continent, providing top-tier legal services and strategic advice to clients across the energy spectrum, and guiding clients through complex regulatory landscapes and contractual negotiations. In addition to the Republic of Congo, CLG operates in South Africa, Nigeria, South Sudan, Mauritius, Ghana, Cameroon, Equatorial Guinea, Mozambique and Germany.     

“Navigating local laws, including taxation on oil and gas revenues, production-sharing agreements, and environmental regulations, demands thorough understanding to ensure compliance and optimize returns. We are excited to have Daoudou Mohammad head up CLG’s tax and legal services in Pointe-Noire, who offers expert guidance on mitigating risks, avoiding costly legal disputes, and ensuring that investments are structured to meet both local obligations and international standards,” states Zion Adeoye, CEO of CLG.

Distributed by APO Group on behalf of CLG.

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