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Angola Oil & Gas (AOG) 2023 Explores Mobilizing Capital for Angola’s Infrastructure

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AOG

The first day of Energy Capital & Power’s AOG 2023 conference showcased Angola’s ambitious infrastructure plan to support new production capacity, power transmission, and energy development

LUANDA, Angola, September 13, 2023/APO Group/ — 

As demand for energy in Angola and the region continues to grow, the need for energy infrastructure such as refineries grows more evident, creating new investment opportunities for energy security. As such, the first day of the Angola Oil & Gas (AOG) 2023 conference and exhibition featured a panel discussion exploring recent achievements in the expansion of refinery projects in Angola as well as prospects for further energy infrastructure investments.

Moderated by Pedro Letra, Assurance Partner at EY, the panel discussion, titled ‘Mobilizing Capital for Angola’s Infrastructure’, featured the participation of Marcus Weyll, Angola CEO, Gemcorp Capital; Gerson Santos, Executive Administrator, ANPG; Hélder Lisboa, Director of Strategy and Portfolio Management, Sonangol; Jacob Flewelling, Africa Investment Advisor, U.S. International Development Finance Corporation; and Gwen Mwaba, Director and Global Head of Trade Finance, Afreximbank.

For the country to support new production capacity, power transmission infrastructure in Angola will have to be enhanced. Angola’s downstream sector requires significant investment in order to exploit the country’s full energy potential.

“We need to look at energy dependency. We need to look for new technologies. We need to look for local capabilities, and at the end, we need to have a foundation of these downstream manufacturing structures,” stated Lisboa, adding, “There is a need for aptitude, inspiration, and education in today’s energy sector.”

Meanwhile, Angola’s legislation and regulatory environment gives potential investors the opportunity to participate in the country’s energy market with contractual stability. It was noted during the panel session that the country’s regulatory frameworks are flexible and accommodate investor portfolios and backgrounds.

For the country to support new production capacity, power transmission infrastructure in Angola will have to be enhanced

“On the regulatory perspective, Angola is a very valuable asset,” stated Santos, adding, “Contractual stability is something Angola has; we don’t change the rule frequently. Also, Angola has the flexibility to adapt its regulations to the new trends of the market. We are ready to accommodate the Government’s interest and investor interest.”

Weyll shared insight into Gemcorp’s achievements in the Angolan downstream markets, stating that the company has a solid partnership with the Government. “We reached the financial close on the Cabinda project, which is very important to increase further investment. Partnership with Sonangol and the government was very important,” he said.

Meanwhile, the country has made significant strides in its application of Environmental, Social and Governance standards, ensuring that compliance is met with regards to the development of environmental impact assessment reports and ensuring that project’s pose little impact towards local communities and ecosystems.

“The ESG conversation is one that is very topical and very important, not just for investors, but also for lenders. In the case of Angola, it’s really important as investors start to build these energy-related infrastructure projects within ESG compliance standards. One of the ways in which compliance is measured is to have environmental assessment reports done before the projects are implemented,” stated Mwaba.

Meanwhile, for his part, Flewelling spoke of Angola’s noteworthy oil and gas industry and the country’s potential to mobilize capital for infrastructure development in its off- and onshore projects. He noted Angola’s favorable business environment and the potential for international service companies to participate in the country’s energy space.

As such, under the theme, ‘Energy Security, Decarbonization and Sustainable Development’, this year’s edition of AOG 2023 highlights Angola’s role as an emerging energy hub while promoting strategic partnerships and the country’s investment opportunities. Infrastructure development in the country is poised to result in major opportunities for foreign investors and strategic partners to participate in the transformation of Angola’s energy sector.

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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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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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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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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