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Angola Oil & Gas (AOG) 2022 Panel Explores Regional Cooperation on African Oil and Gas Market Expansion

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AOG

Sponsored by SONILS, a panel discussion held on the second day of AOG 2022 explored ways southern African countries can improve

LUANDA, Angola, November 30, 2022/APO Group/ — 

Entitled ‘Regional Emergence: Oil and Gas Discoveries All Over the Region Change the Energy Narrative for Angola and its Neighbors,’ a panel discussion held during the second day of the 2022 edition of the Angola Oil & Gas conference and exhibition (https://bit.ly/3gQEXBx) in Luanda explored regional integration and collaboration by African countries and firms to maximize the development and exploitation of energy resources for energy security and economic growth. Moderated by Dr Flavio Inocencio, Founder & Partner, Helios Advisory, panel speakers included Joaquim Chipuco, Commercial Director, Sonils; Scott Evans, CEO, ReconAfrica; Hugo Guimarães, CEO, Soapro; Shakwa Nyambe, Managing Partner, SNC Law Group and Eric Williams, President & Principal Consultant, Royal Triangle Energy Solutions.

The panel showcased how Southern African countries and oil and gas (https://bit.ly/3ir9iXz) firms are partnering to ensure regional energy security. In this regard, Chipuco gave an example of a transportation infrastructure rollout agreement which Sonils signed with Namcor and Namport and how it will benefit the region’s energy sector through improved energy trading.

Evans added that “In the drilling works we are doing in Namibia, our support comes from Angola, such as the roads, infrastructure and people we are using in bringing equipment and skills. There is a lot of collaboration already underway.”

For us to ensure regional integration, we need to transform local to regional content, ease movement of companies and the flow of money across the region

Commenting on how collaboration can be improved across the region to unlock the full potential of the oil and gas industry, Guimarães stated that “We are not high at technology development, we need to partner at ground level and realize our capabilities. There needs to be more investments to be done to connect countries with infrastructure such as roads to boost transportation of goods and services and companies need to partner more and boost funds.”

Adding to Guimarães’ point, Chipuco said “There is a need to communicate and share more. Regional integration is necessary more than countries competing with each other. We need to look at how we can combine efforts to add value. Angola (https://bit.ly/3Fgh8fZ) has been in the game for long and this gave us a chance to build infrastructure and skills. That is the capacity that needs to add value to the region. We need to see Namibia and South Africa benefiting from Angola through cooperation on infrastructure rollout and technical skills development.”

Nyambe stated  “With Angola planning to build new refineries, there needs to be more cooperation with regional countries on standards and certification. By ensuring its products and people are certified to meet regional needs, Angola will have a market for its refined products. For us to ensure regional integration, we need to transform local to regional content, ease movement of companies and the flow of money across the region.”

On the topic of requirements to boost regional cooperation, Williams reiterated that “It starts at the leadership level, the leaders and the vision which they have is key to moving forward. In terms of taking advantage of new opportunities as a country, the strategy that we need should look at the balance between external investments, with a thorough understanding of what we have and the risk associated with that. The experience that has been built or being built in the region can then be properly deployed to embrace opportunities at regional level. We must think of how we can use the resources in Africa for the benefit of African people. We need to step back and focus on what it is that we are trying to achieve. Once African ministers increase collaboration, we can start to remove barriers artificially added.”

The discussion also explored Africa’s energy hotspots and the future of the continent’s energy sector with Evans identifying hot spots for capital as “Nigeria, Angola, Mozambique and Equatorial Guinea. As we go south, it’s only recently that success has been found. Southern Africa is very much a hotspot for offshore exploration on the back of TotalEnergies and Shell’s success. This is the beginning of success and industry growth for the region and onshore Africa is probably the most underexplored area in the world.”

Distributed by APO Group on behalf of Energy Capital & Power.

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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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2 days ago

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February 6, 2026

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Debate

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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2 days ago

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February 6, 2026

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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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2 days ago

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February 6, 2026

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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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