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Angola Oil & Gas Summit Returns to Luanda in October, Unveiling Unprecedented Investment Opportunities in Africa’s Energy Hub

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Angola Oil & Gas Summit

With substantial oil and gas reserves, an improved operating environment and a burgeoning energy industry, Angola is an attractive destination for international investors seeking opportunities in the African market

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LUANDA, Angola, January 17, 2024/APO Group/ — 

Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) is proud to announce that Angola’s premier investment platform – Angola Oil & Gas (AOG) – will return for its fifth edition from October 2-4 at Centro de Convencoes Talatona in Luanda, Angola this year. Uniting global financiers, high-profile project developers, and key players from both the Angolan and global energy landscape, the AOG conference and exhibition proudly takes place with the full support of the Ministry of Mineral Resources, Oil and Gas; national oil company (NOC) Sonangol; the National Oil, Gas and Biofuels Agency (ANPG), the African Energy Chamber, the Petroleum Derivatives Regulatory Institute (IRDP) as well as the key players in the private sector.

Backed by key industry players including the Association of Angolan Petroleum Service Companies, the UK – Angola Chamber of Commerce, the US – Angola Chamber of Commerce, the Associação de Empresas Autóctones para a Indústria Petrolífera de Angola, Sonangol, Eni, TotalEnergies, Chevron, Exxon, Etu Energias and Azule Energy, AOG ranks as the official platform where Angola’s oil and gas matters and investment opportunities are discussed and optimized. In 2023, the event welcomed 2,213 industry delegates from 41 countries as well as 389 global companies, providing a dynamic platform for exploration and exploitation of investment and partnership opportunities within Angola’s thriving energy value chain.

“The African Energy Chamber is proud to endorse this conference and work with ECP on this edition of AOG. We are thankful to the leadership of the country for their consistent commitment to improving the operating environment for both local and international investors in Angola’s oil and gas sector. The announcement of multiple drilling campaigns scheduled to take place this year and next, points to a positive response of the industry to the government’s reforms,” said Sergio Pugliese, President of the African Energy Chamber in Angola.

According to Devi Paulsen-Abbott, CEO of ECP, “expanding on the success of previous editions, AOG 2024 will be bigger and better as we bring together industry leaders and foster collaboration for a more resilient Angolan oil and gas landscape.”

Angola’s energy sector is ripe for investment and the AOG 2024 conference and Exhibition serves as a bridge connecting foreign companies and their Angolan counterparts

As one of Africa’s leading oil producers, boasting an impressive output of over 1.1 million barrels per day (bpd), Angola has garnered a reputation as an easily accessible and attractive investment destination. Under the leadership of President João Lourenço and the Minister of Mineral Resources, Oil, and Gas, Diamantino Azevedo, Angola ranks as Africa’s second-biggest oil producer and one of the continent’s fastest growing gas markets. The country has continued to attract additional investments for new exploration from global major players such as TotalEnergies, ExxonMobil, Chevron, Eni and Azule Energy. Local players such as Sonangol E&P and ACREP have resumed drilling onshore whilst Etu Energias has been active on the mergers and acquisition market, closing deals worth more than USD 1 billion in recent months. In 2024, an exhilarating project pipeline will unfold, accentuating the investment landscape in Angola, as recent transactions underscore promising opportunities. Anticipated highlights this year include the eagerly awaited final investment decision (FID) for the Cameia-Golfinho fields operated by Total E&P Angola. As well as the commencement of first production at the 30,000 barrels per day (bpd) CLOV Phase 3 project in Block 17 and the initiation of phase 1 of the 30,000 bpd Cabinda Oil Refinery.

Attention is not only on current developments but future projects – a testament to companies’ long-term focus on the Angolan market. In 2022, France’s TotalEnergies announced a multi-energy strategy in the country, with investments including the $850 million Begonia development in Block 17/06. In 2023, ExxonMobil announced it will invest up to $15 billion in the country’s Namibe Basin, with finance largely focused towards commercial oil discoveries. In late 2023, Azule Energy signed three Risk Service Contracts for offshore Blocks 46, 47 and 18/15; Afentra secured approval to acquire Blocks 3/05 and 23; while concessions signed for Blocks KON-2, KON-11, KON-12 and KON-16 marked the entry of new players including Inktank Group, Brite’s Oil and Gas, MTI Group and more.

Meanwhile, the country is also quickly becoming the investment destination of choice for natural gas players. With over 11 trillion cubic feet of proven resources, the development of large-scale projects is underpinned by attractive fiscal terms. The $12 billion Angola Liquefied Natural Gas project – with a capacity of 5.2 million tons per annum – showcases the commercial viability of billion-dollar gas projects. Construction of the Soyo II Combined Cycle Power Plant is kicking off this year; the Quiluma/Maboqueiro project is on track for first production in 2026; the Agogo FFD project expects first gas in 2024; while FID is expected for the Ndungu FFD. Top of FormBottom of Form

Angola has also streamlined the investment process, making it straightforward for potential investors. Through the country’s six-year licensing round – launched in 2019 – the ANPG consistently invites investment into emerging basins, attracting a wide variety of companies. In September 2023, a recent public tender was launched for 12 onshore blocks in the Kwanza and Congo basins, the results of which are expected in 2024. Through regular engagement with foreign and local companies, the country works closely to ensure mutual benefits and maximum returns. Additionally, the government is committed to strengthening the competitiveness of the domestic industry, a process that has seen the emergence of local giants such as Cabship and FAMAR, both in logistics. The government has also embarked on a process which would see NOC Sonangol transform into a global energy company by 2026. This showcases Angola’s modern and industry-focused approach to developing its resources.

Angola’s investment opportunities transcend traditional oil and gas, with the country’s renewables enticing players. A landmark green hydrogen development is on track to be developed with the aim of supplying European markets, making the project unique in the region. Significant opportunities also remain for investors interested in solar, critical minerals and wind. Global support has already been noted with the United States government and associated institutions pledging $2 billion in December 2023 towards these industries.

As such, Angola’s energy sector is ripe for investment and the AOG 2024 conference and Exhibition serves as a bridge connecting foreign companies and their Angolan counterparts. Building and expanding on discussions and deals signed at the 2023 event – seven agreements in total – the 2024 conference promises new opportunities for engagement and investment. Make the right investment: join the AOG 2024 conference today.

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

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Aurionpro expands its multi-country transaction banking engagement with Diamond Trust Bank (DTB)

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Aurionpro

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers

MUMBAI, India, April 30, 2026/APO Group/ –Aurionpro Solutions Limited (www.AurionPro.com) (BSE: 532668 | NSE: AURIONPRO)a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries.

Download Document: https://apo-opa.co/4edHUaC

This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience, streamline operations, and support growing transaction volumes as it expands its regional corporate banking footprint. DTB continues to focus on building a more agile, ‘digital-first’ banking experience, particularly around payments for its corporate customers across Africa, and is now well positioned to scale these capabilities. As part of its broader transformation agenda, the bank has been steadily investing in platforms that enhance scale, reliability, and service consistency across markets.

Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers. By enabling DTB to standardize and scale its transaction banking operations across countries, the platform ensures consistent service levels, stronger control, and improved efficiency. It also supports enhanced user experience, advanced security, and the flexibility to introduce new features as DTB expands its regional transaction banking footprint.

Murali Natarajan (https://apo-opa.co/48trPdk), Managing Director & CEO, DTB Kenya   commented: “We are delighted to strengthen and broaden our partnership with Aurionpro Solutions as part of DTB’s ongoing digital transformation journey across multiple markets. Our focus on innovation, operational excellence, and customer-centricity continues to guide our technology investments. This upgrade strengthens our transaction banking capabilities, enabling us to deliver greater value to our customers through robust digital channels and seamlessly integrated experiences.”

Ashish Rai, Group CEO, Aurionpro Solutions, commented: “We are pleased to deepen our multi-country engagement with Diamond Trust Bank and support the next phase of its transaction banking modernization. As DTB continues to scale across markets, platform resilience and consistency become paramount. Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility, deliver superior experiences to corporate customers, and create long-term value across geographies.”

He added, “Aurionpro’s iCashpro lays a strong digital foundation for transaction & wholesale banks across the globe to grow their corporate and SME client portfolio today, while creating a clear roadmap for next- generation capabilities in AI-driven insights, advanced automation and API-led connectivity for businesses in Kenya and across Africa.”

Distributed by APO Group on behalf of Aurionpro Solutions Ltd.

 

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Minerals Council Chief Executive Officer (CEO) Joins African Mining Week (AMW) as South Africa Improves Sectorial Investment Climate

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Energy Capital

Minerals Council CEO to share insights on policy, infrastructure and investment trends shaping South Africa’s mining industry

CAPE TOWN, South Africa, April 30, 2026/APO Group/ –The upcoming African Mining Week (AMW) conference will feature Mzila Mthenjane, CEO of the Minerals Council of South Africa, as a speaker. Scheduled for October 14 – 16, 2026 in Cape Town, the event will bring together global investors, policymakers and industry leaders, with Mthenjane’s participation highlighting the council’s commitment to engaging international stakeholders and promoting investment across South Africa’s mining sector.

His participation comes at a critical moment as the Minerals Council works closely with government on finalizing the Mineral Resources Development Bill 2025, a policy framework aimed at strengthening the country’s mining investment climate and the sector’s contribution to GDP. According to the council, the revised legislation will support new investment across the value chain as South Africa seeks to mobilize R2 trillion over the next five years to unlock its critical minerals potential.

The policy reforms come amid shifting production trends in the sector. In 2025, South Africa recorded declines in gold and platinum group metals output of 1.9% and 4.1%, respectively. The new regulatory framework is expected to strengthen public-private partnerships and stimulate investment, enabling South Africa to increase production and capitalize on strong global commodity prices. Increased private sector investments is crucial with South Africa seeking targeting to unlock an estimated R40 trillion in untapped iron ore potential as well as maintain its position as the world’s leading producer of chrome and manganese.

At AMW 2026, Mthenjane is expected to outline these trends, providing insights into how the council is contributing to addressing challenges disrupting the sector. Infrastructure and energy costs remain key concerns for industry players. To support the energy-intensive sector, South Africa approved a 35% reduction in electricity tariffs for major ferrochrome producers, helping stabilize an industry that has faced significant cost pressures after electricity prices surged by roughly 900% since 2008.

Logistics constraints are also a priority area for reform. South Africa’s economy is losing an estimated R1 billion per day due to inefficiencies across rail and port infrastructure. As a result, the government is considering measures supported by the Minerals Council to increase private sector participation in logistics. Planned reforms include rail modernization initiatives targeting 250 million tons of freight capacity by 2029, alongside port upgrades and private operator participation aimed at strengthening mineral exports and improving supply chain efficiency.

Beyond infrastructure and policy reforms, the Minerals Council is advocating for stronger exploration investment to support long-term industry growth.

At AMW, Mthenjane is expected to highlight these developments and outline the steps required to reinforce South Africa’s position in the global minerals supply chain. His insights will offer investors and stakeholders a timely perspective on opportunities within the country’s mining sector.

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

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Seychelles Targets Energy Investment Push as Minister Jérémie Joins African Energy Week (AEW) 2026 as a Speaker

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African Energy Chamber

Seychelles energy minister will speak at AEW 2026, positioning her to highlight reforms, renewable projects and investment opportunities as the island nation advances its transition toward a diversified energy system

CAPE TOWN, South Africa, April 29, 2026/APO Group/ –Marie-May Jérémie, Minister of Environment, Climate, Energy and Natural Resources for Seychelles will participate as a speaker at this year’s African Energy Week (AEW) 2026, taking place from October 12–16 in Cape Town. Her participation underscores the country’s growing role in shaping Africa’s small-island energy transition agenda.

Minister Jérémie’s presence at AEW 2026 comes at a critical time as Seychelles accelerates efforts to reduce its heavy reliance on imported fossil fuels. The event provides a platform to attract investment, strengthen policy alignment and showcase bankable projects, positioning the country as a viable destination for private-sector participation in island energy systems.

Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments

In May last year, international finance institution the World Bank approved the Renewable Energy Acceleration Program, a seven-year initiative aimed at modernizing the grid and increasing renewable energy penetration to 15% by 2030. The program focuses on unlocking private capital while strengthening transmission infrastructure to accommodate variable renewable energy sources.

Project development is gaining traction in the country, particularly in innovative technologies suited to Seychelles’ land constraints. The 5.8 MW Seysun Lagoon floating solar PV project, developed by independent renewable power producer Qair, is under construction and expected online in 2026.

Alongside renewables, Seychelles continues to pursue upstream opportunities to diversify its economy. The government approved new exploration entrants in 2025 and extended exiting petroleum agreements, while securing an infrastructure partnership with China. Multilateral estimates suggest over $800 million in investment will be required over the next 25 years.

Regulatory reform is central to this transition, with Seychelles introducing an independent power producer framework to open the market to private developers. Standardized power purchase agreements, grid access reforms and strengthened public-private partnership structures are being implemented to improve transparency, reduce risk and accelerate project bankability across solar, storage and emerging wind opportunities.

“Minister Jérémie’s participation highlights the strategic importance of island nations in Africa’s broader energy transition,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments. Her insights will be critical to advancing dialogue on resilient, low-carbon energy systems across the continent.”

Distributed by APO Group on behalf of African Energy Chamber.

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