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Angola Oil & Gas (AOG) Offers Unparalleled Opportunities for International Investors

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Angola Oil & Gas

The Angola Oil & Gas conference and exhibition has emerged as an internationally recognized investment platform for the country’s oil and gas sector

LUANDA, Angola, March 13, 2024/APO Group/ — 

Angola’s premier event for the oil and gas sector – the Angola Oil & Gas (AOG) conference and exhibition (https://apo-opa.co/4945xwG) – unites the country’s government and energy companies with global operators and investors. Building on the momentum and success of previous editions, AOG 2024 promises the best edition yet, offering unparalleled opportunities for financiers, project developers, international operators and service partners.

As a result of the AOG’s ability to unite Angolan and global stakeholders, the event was awarded the Association of African Exhibition Organizers ROAR Award for Marketing and PR Excellence for the 2023 edition of the conference and exhibition. The prestigious award serves to recognize AOG’s innovative marketing and PR strategies that not only contributed to the event’s success but promoted Angola’s oil and gas opportunities on a global scale.

Organized by Energy Capital & Power, AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; national oil company Sonangol; the ANPG; the African Energy Chamber; and the Petroleum Derivatives Regulatory Institute, the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Taking place under the theme Driving Exploration and Development Towards Increased Production in Angola, the next edition of the AOG event offers lucrative opportunities for international investors, boasting prospects in both on- and offshore oil as well as emerging opportunities in gas exploration and LNG. With aims to increase oil production to 1.18 million barrels of oil per day (bpd) this year – following an expected boom in new exploration – while establishing itself as a global LNG supplier, Angola is inviting global E&P companies to invest in the country to achieve this goal.

Ahead of the conference this October, AOG 2024 is hosting a networking event in Houston on March 19 (https://apo-opa.co/4c5WNZ7) in collaboration with Angola’s Ministry of Mineral Resources, Petroleum and Gas, and the country’s national concessionaire, the National Oil, Gas & Biofuels Agency. The event – taking place from 17:00-20:00 at the Austin Room, Four Seasons Hotel – offers US project developers and investors the chance to connect with Angolan government, exploring upcoming opportunities in oil, gas and infrastructure development.

Endowed with proven oil and gas resources – estimated at nine billion barrels of oil and 11 trillion cubic feet of natural gas, respectively – Angola concluded a 12-block licensing round featuring blocks in the Lower Congo and Kwanza basins in January 2024, with the next round scheduled for 2025. Part of the country’s six-year licensing round – launched in 2019 -, the upcoming round will open-up a fresh slate of E&P opportunities for international companies, and global energy majors are already making strides towards developing upstream oil and gas. Notably, energy company TotalEnergies is implementing a multi-year energy strategy encompassing the $850 million Begonia development while energy supermajor ExxonMobil has indicated its interest in investing up to $15 billion towards the country’s oil and gas sector.

Meanwhile, plans to develop downstream capacity to support regional demand continue to create lucrative opportunities for project and service companies, with AOG 2024 poised to connect global players to the growing Angolan oil and gas market. While upstream development remains Angola’s stated focus area – with 43 wells expected to be spud this year alone – the country’s downstream infrastructure has made significant headwinds. Downstream projects in Angola’s pipeline include the Lobito and Soyo refineries, the Angola-Zambia Oil Pipeline and an LNG storage and gas processing terminal, all of which are well in development.

Taking place on October 2-4, 2024 in Luanda, AOG 2024 will offer a platform for dialogue, deal signing and decision-making. In 2023, the event welcomed 2,213 delegates from 41 countries, with seven industry-advancing deals signed, signaling a new era of successful E&P projects in Angola.

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

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Ghana Gas Chief Executive Officer (CEO) Joins African Energy Week 2024 (AEW) Amid Drive for Accelerated Project Development

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Benjamin Asante, CEO of Ghana’s national gas company, will share insight into the country’s emerging investment opportunities and project pipeline at this year’s African Energy Week: Invest in African Energy conference

CAPE TOWN, South Africa, September 24, 2024/APO Group/ — 

Benjamin Asante, CEO of Ghana Gas – the country’s national gas company – has joined the African Energy Week (AEW): Invest in African Energy conference as a speaker. Taking place November 4-8 in Cape Town, the event unites global investors and project developers with African projects. Asante’s return to the event underscores a commitment to driving projects forward in the country, as Ghana Gas seeks foreign funding to fuel development and production.

Under the Gas Master Plan – a market growth plan covering the period up to 2040 – Ghana is targeting increased investments in gas-related infrastructure. In addition to increasing oil production, the country seeks to diversify the energy sector by bolstering the natural gas value chain. Aiming to achieve universal access to electricity by 2030 while boosting petrochemical production, the country offers a wealth of opportunities for investors and project developers. Asante will delve into these opportunities at AEW: Invest in African Energy 2024.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event.

Ghana Gas continues to be instrumental in the market as it collaborates with foreign companies, promotes newfound investment and drives long-term economic growth

In line with efforts to boost national gas production, Ghana expects the Tema FLNG plant – situated near the capital city Accra – to start production by the end of the year. The project comprises the requisite infrastructure to import, store, regasify and deliver LNG to off-takers in the Greater Accra Area. Operated by private equity company Helois Investment Partners, the $350 million project will have a capacity of 1.7 million tons of gas per year and is set to play a major part in meeting domestic demand.

In addition to Tema FLNG, Ghana expects production to start at the Atuabo II Gas Processing Plant in 2025. The project – developed by Ghana Gas and joint venture partners – features a second processing plant at the Atuabo project in the Ellembele District of the western region of the country. With an initial capacity of 150 million standard cubic feet per day, the project can be expanded to 300 million standard cubic feet per day and will process LNG, propane, butane and pentane condensates.

Downstream, the country is focusing on expanding gas infrastructure to not only support the development of new concessions but strengthen the domestic uptake of gas. Energy company Genser Energy commissioned a 100km natural gas pipeline in April 2024, transporting gas from western Ghana to power the 250 MW Kumasi I Thermal Power Plant. Known for its small- and medium-scale commercial and industrial enterprises, northern Ghana stands to benefit from a direct supply of gas from the country’s resource-rich provinces. Upon completion, the project will form part of a network that spans 420 km, supplying gas to power generation facilities such as the 500 MW AKSA and 330 MW CENIT facilities.

“Natural gas stands to play a major part in spurring electrification and industrialization in Africa. Ghana, rich in gas resources and with attractive energy policies, is laying the foundation for a new era of gas development in the country. Ghana Gas continues to be instrumental in the market as it collaborates with foreign companies, promotes newfound investment and drives long-term economic growth through inclusive projects,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

During AEW: Invest in African Energy 2024, Asante will provide an update on the country’s natural gas project pipeline, delving into emerging opportunities and industry challenges. His participation opens new pathways for collaboration, representing a strategic opportunity for companies across the entire gas value chain.

Distributed by APO Group on behalf of African Energy Chamber.

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Nigeria set to become the first West African manufacturing hub for insecticide-treated nets in the battle against malaria

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The African continent accounts for almost 95% of the world’s malaria cases – one quarter of these are in Nigeria

ABUJA, Nigeria, September 24, 2024/APO Group/ — 

Vestergaard Sàrl (https://Vestergaard.com/) announced today that the Government of the Federal Republic of Nigeria, acting through the Presidential Initiative for Unlocking the Healthcare Value Chain (PVAC), has signed a Memorandum of Understanding (MoU) with the company, as an initial step to establish the country as the first West African manufacturing hub for insecticide-treated nets (ITNs) to combat malaria – and the first on the continent to produce dual active-ingredient nets to help combat insecticide resistance.

Nearly every minute (https://apo-opa.co/4eqUoIY), a child under 5 years old dies from malaria. The African continent accounts for almost 95% (https://apo-opa.co/4ecJ8jD) of the world’s malaria cases – one quarter of these are in Nigeria. New approaches are needed to boost access to tried-and-tested, cost-effective tools to combat the disease, and local manufacturing of nets, medicines and vaccines is a priority for the continent (https://apo-opa.co/47HfNLM).

The MoU announced today lays the foundation for Vestergaard to establish a joint venture with a local manufacturing partner in Nigeria, potentially supported by MedAccess, a social investor founded by British International Investment, the UK’s development finance institution and impact investor. Selection of an appropriate partner is currently underway and will be subject to the satisfactory conclusion of a due diligence process. Vestergaard is also discussing opportunities for financing with the U.S. International Development Finance Corporation (DFC).

If successful, the joint venture will result in a state-of-the-art manufacturing facility that is expected to function as a flagship on ITN quality and bioefficacy performance, as well as industrial health, safety and sustainability practices. At scale, the planned facility would produce 10 million PermaNet® Dual long-lasting insecticidal nets every year, for both domestic use in Nigeria and international export. It would create around 600 jobs in Nigeria.

We cannot afford to underestimate the power of prevention in our fight against malaria

Dr Muhammad Ali Pate, Hon. Minister of Health for Nigeria, said: “Increasing access to long-lasting insecticide-treated nets is crucial. We cannot afford to underestimate the power of prevention in our fight against malaria. Collaborative efforts, such as this, are essential to mobilizing the resources and expertise needed to combat malaria effectively.”

Dr Abdu Mukhtar, National Coordinator of PVAC, said: “High standards in local production are non-negotiable. By investing in local bed net production, we are not only improving health outcomes but also paving the way for a self-sufficient healthcare system that can withstand global challenges. This partnership with Vestergaard is a significant step towards attaining this for Nigerians and the broader West African population. ”

Michael Anderson, CEO of MedAccess, said: “Next generation mosquito nets are powerful tools to save lives and prevent debilitating disease. Regional manufacturing is in turn a critical tool to ensure that the nets are available quickly, reliably, and sustainably. This agreement between the Government of Nigeria and Vestergaard underlines an important commitment to protecting people from malaria while strengthening supply chain resilience in the region. MedAccess is looking forward to working in partnership to explore how innovative finance can support this initiative.”

Jim Polan, Vice President, Office of Health & Agribusiness at the U.S. International Development Finance Corporation (DFC), said: “DFC’s investments in regional manufacturing, particularly in Africa, aim to strengthen health system resilience and diversify supply chains. We are exploring a variety of opportunities to expand access to critical health products, including bed nets, to ensure the region is better prepared to respond to malaria and other vector-borne transmission due to changing climate patterns.”

Amar Ali, CEO of Vestergaard, said: “This partnership exemplifies the leadership and commitment of the Nigerian government in the fight against malaria. We are very grateful for their engagement and support as we work together with partners to create a cutting-edge facility that will set a global benchmark in the manufacturing of dual-insecticide nets.”

Distributed by APO Group on behalf of Vestergaard Sàrl.

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Azentio unveils the REACH partner program to accelerate growth and expand Enterprise Resource Planning (ERP) ecosystem

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By joining this program, partners will gain access to Azentio’s comprehensive suite of ERP solutions, equipping them with the tools and resources needed to deliver exceptional value to their clients

SINGAPORE, Singapore, September 24, 2024/APO Group/ — 

Azentio Software (“Azentio”) (www.Azentio.com), a leading provider of enterprise software solutions, today announced the launch of the REACH partner program, an initiative designed to transform the organisations ERP ecosystem by offering firms unprecedented opportunities to become go-to-market partners within Azentio’s robust network.

The REACH partner program embodies Azentio’s commitment to fostering strong, collaborative relationships with industry leaders and driving innovation in the ERP landscape. By joining this program, partners will gain access to Azentio’s comprehensive suite of ERP solutions, equipping them with the tools and resources needed to deliver exceptional value to their clients.

We believe that by empowering our partners with our technology and support, we can collectively drive greater success and innovation in the ERP space

Key features of the REACH program include:

  • Demand generation collaboration: REACH partners will benefit from co-branded marketing materials, lead generation campaigns, and joint sales initiatives, enabling them to create and capture demand effectively.
  • Access to advanced technology: The program provides partners with the opportunity to offer their clients the full suite of Azentio’s SaaS powered ONEERP solutions, including financials, supply chain management, manufacturing, and distribution cloud verticals. This robust platform is engineered for scalability and flexibility, making it ideal for small and medium-sized enterprises (SMEs).
  • Dedicated support and training: The REACH program includes ongoing partner enablement from a dedicated team of partner success managers (PSMs), ensuring partners are equipped to sell, onboard, and support Azentio ONEERP solutions effectively.
  • Collaborative Innovation: Partners will have the opportunity to collaborate closely with Azentio’s team, contributing to the ongoing evolution of ERP software and shaping the future of the industry.

Amit Pant, ONEERP Channel Leader at Azentio, commented, “We are excited to launch the REACH partner program, a transformative initiative that represents a significant milestone for Azentio and our partners. Our vision with REACH is to create a dynamic ecosystem where consulting and implementation firms can seamlessly integrate our world-class ERP solutions into their offerings, enhancing their capabilities and expanding their market reach. This program will see Azentio building and empowering a vibrant network of partners who are as passionate about delivering exceptional ERP solutions as we are. We believe that by empowering our partners with our technology and support, we can collectively drive greater success and innovation in the ERP space.”

Distributed by APO Group on behalf of Azentio Software Private Limited.

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