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Billions in Investment Opportunities Presented by Premier Invest at Congo Energy & Investment Forum (CEIF) 2025

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CEIF

Premier Invest has presented a range of investment opportunities, totaling a minimum $1.37 billion, in Africa’s energy and oil and gas sectors at the inaugural Congo Energy & Investment Forum

Financial services provider Premier Invest has announced a series of investment opportunities in the African energy and oil and gas sectors. covering a range of four energy projects across Benin, Zambia and South Africa and five oil and gas projects across Nigeria and Ghana, as well as Guyana.

The announcement was made on March 26 by Rene Awambeng, Founder and Managing Partner of Premier Invest during a dedicated deal-room session – Showcasing Upstream Oil and Gas Transactions in Africa – at the inaugural Congo Energy & Investment Forum (CEIF) in Brazzaville.

“The deal-room sessions on the sidelines of the Congo Energy & Investment Forum are an opportunity to provide a platform for sponsors, developers and project promoters to showcase significant upstream, midstream, downstream and power transactions in Africa to potential investors,” stated Awambeng.

The first opportunity, a 43 MW clean gas project in Benin, is seeking $84 billion in project finance. Currently in the commercial close stage of development, the project will help reduce the cost of energy in the country while bolstering economic growth, job creation and improving Benin’s energy security.

Meanwhile, Zambia features a $92 million investment opportunity in a 71 MW hybrid solar PV and wind project. The project will feature a power purchase agreement over a period of 25 years and is estimated to feature an annual production of 232 GWh per year.

In South Africa, a 100 MW solar PV project has an $87 million investment opportunity. The project will feature an offtake agreement with the National Energy Regulator of South Africa and a power purchase agreement of 20 years. The project will boast an annual production rate of 195 GWh per year.

Concluding the energy investment opportunities South Africa is also seeking $100 million in investment to finance a 100 MW clean-gas project to complement intermittent renewable energy sources, such as solar and wind, while offering a cleaner solution to the country’s reliance on coal. The project features a proposed capital structure of 70:30 and is in the active implementation stage.

The deal-room sessions on the sidelines of the Congo Energy & Investment Forum are an opportunity to provide a platform for sponsors, developers and project promoters

In the oil and gas sector, gas producing company NESGAS is seeking $200 million in financing for the development of an LPG bulk storage facility in the Oil & Gas Free Zone in Nigeria. Phase 1 of the project will feature a commitment of $140 million to develop inland facilities, pipelines and site works while the second phase will feature an investment of $60 million focusing on engineering, procurement and construction contracts for tanks, instrumentation and commissioning.

Meanwhile, a state-of-the-art gas-to-liquids plant – the details of which are subject to a non-disclosure agreement – is seeking interested parties to participate in an upcoming formal investment process. The project will have a validated production capacity of 1,850 barrels of oil per day and will feature an earnings before interest, taxes, depreciation and amortization measure of approximately $50 million.

Ghana is seeking $759 million in financing to develop four offshore production wells. Financing will be used to develop tie-back infrastructure to existing FPSO infrastructure, targeting 57.8 million standard barrels of oil. The project aims to produce 5 million barrels of oil per year, with potential investors set to receive 84% of the total project net present value.

An indigenous oil development company in Nigeria is seeking an experienced management team to invest $18 million to drill additional wells and increase production at a field with a projected production rate of 2,300 barrels per day.  The field area covers 46km2 and is covered by 3D seismic surveys.

Finally, Awambeng also announced a $25 million investment opportunity in Guyana. The project will be adjacent to one of the most productive offshore oil fields in the region and boasts recoverable reserves of approximately 400 million barrels. Investment will be used to support conventional offshore drilling and FPSO tie-up.

The companies involved in the investment opportunities will be disclosed upon inquiry, with financing options subject to non-disclosure agreements.

The inaugural Congo Energy & Investment Forum, taking place March 24-26, 2025, in Brazzaville, under the highest patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo, brings together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities.

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

Business

SLB commissions new fluids systems plant in Pemba to support Mozambique’s offshore energy development

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Mozambique

New facility expands in-country drilling and completion fluids capability, advancing the next phase of SLB’s growth in Mozambique

PEMBA, Mozambique, October 9, 2026/APO Group/ –SLB (NYSE: SLB) (www.SLB.com) announced the opening of a new fluids systems plant in Pemba, Mozambique. The new facility strengthens in-country capacity to prepare, store and deliver drilling and completion fluids for offshore operations, reinforcing the infrastructure needed as Mozambique’s offshore activity grows and its role as a strategic energy hub for East Africa continues to expand.

The commissioning of the plant, also known as a liquid mud plant, coincides with SLB marking 70 years of operations in Mozambique. It reflects the company’s long-term commitment to investing in people, infrastructure and capability that support the country’s long-term offshore energy development plans.

 




  

With an initial storage capacity of 21,000 barrels, the liquid mud plant provides a scalable platform for future growth, supporting multiple customers and rising offshore activity while improving logistics and enhancing operational flexibility.

As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions

“As SLB marks 70 years in Mozambique, this investment reflects our confidence in the country’s future and our commitment to supporting its energy ambitions,” said Miguel Baptista, Central, East and Southern Africa, Managing Director, SLB. The new liquid mud plant strengthens local energy infrastructure, expands opportunities for local content development, and enhances our ability to support customers as they deliver some of Africa’s most significant offshore energy resources.”

The liquid mud plant project was delivered with strong local participation and that momentum is expected to continue into operations. During project delivery, more than 100 jobs were created in Pemba with nationals representing 80% of the workforce, reflecting a focus on building local capability.

The project was delivered with a strong focus on safety, operational integrity, and quality, achieving more than 67,000 hours worked without a recordable safety incident.

This key infrastructure strengthens SLB’s ability to support consistent service quality and enhance supply chain readiness for increasing offshore activity across Mozambique, supporting customers execute safely and efficiently while developing local skills and expertise.

Key Points:

  • SLB has commissioned a new fluids system plant in Pemba, expanding in-country drilling and completion fluids capability for offshore operations.
  • With an initial storage capacity of 21,000 barrels, the facility provides a scalable platform to support growing offshore activity in Mozambique.
  • The investment marks the next phase of SLB’s growth in Mozambique, strengthening local capability and supporting long-term offshore energy development.

Distributed by APO Group on behalf of SLB.

 

 




 

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South African Energy Storage Association (SAESA) welcomes 4,600 MW battery storage prioritisation and calls for integrated energy planning

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Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply

JOHANNESBURG, South Africa, October 9, 2026/APO Group/ –The South African Energy Storage Association (SAESA) (www.SAESA.org.za) welcomes the prioritisation of 4,600 MW of battery energy storage under the first Integrated Resource Plan (IRP) 2025 Section 34 determination.

 




  

The timing is significant. Recent Integrated Energy Plan (IEP) modelling and assumptions discussions highlighted a fundamental shift that South Africa’s energy planning now needs to capture: we cannot plan the future power system by counting megawatts of generation alone.

We must plan for when energy is available, where it is available, how it moves through a constrained grid and how it is stored and dispatched when the system needs it most.

The announcement reinforces that shift. Battery energy storage systems (BESS) are becoming critical system infrastructure, supporting flexibility, reducing avoidable curtailment, shifting energy into periods of demand and strengthening security of supply.

For SAESA, the message for the IEP is clear: storage, flexibility and system services must be modelled as integral components of South Africa’s future electricity architecture, with their contribution considered from the outset of generation planning.

“The IEP must plan the power system we are becoming, not simply model the power system we have inherited,” says SAESA.

The IEP must plan the power system we are becoming, not simply model the power system we have inherited

Partnership with C&I Energy + Storage Summit

SAESA is an association partner of the C&I Energy + Storage Summit, created by VUKA Group, taking place on 28–29 October 2026 at The Maslow Hotel, Sandton, Johannesburg.

The summit brings together commercial and industrial energy users, project developers, financiers, regulators and solution providers to explore practical approaches to energy security, procurement and storage deployment.

For businesses assessing how storage can support their operations, the event offers an opportunity to meet SAESA and engage with the wider energy community on the decisions shaping South Africa’s evolving electricity system.

Commercial and industrial energy decision-makers are invited to apply to attend as hosted buyers. Qualifying buyers receive complimentary summit access and curated opportunities to engage with industry partners.

 

Meet SAESA at C&I Energy + Storage Summit: Join the Hosted Buyer Programme

The Hosted Buyer Programme connects commercial and industrial energy decision-makers with solution providers shaping South Africa’s evolving private energy market.

Qualified energy buyers receive complimentary access to the summit and curated engagement with industry partners exploring energy procurement, storage deployment and project development.

Apply for the Hosted Buyer Programme (https://apo-opa.co/4ehLijJ)

Distributed by APO Group on behalf of VUKA Group.

 




 

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Afreximbank welcomes launch of Africa Credit Rating Agency as an important step in strengthening Africa’s financial architecture

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Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets

PORT LOUIS, Mauritius, October 8, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcomes today’s launch of the Africa Credit Rating Agency (AfCRA), an important milestone in strengthening Africa’s financial architecture and expanding the continent’s capacity to generate credible, independent analysis of African credit risk.

 




 
 

Credit ratings play an important role in determining access to capital, influencing investor perceptions and shaping the cost at which governments, institutions and businesses can finance development. It is therefore essential that assessments of African credit risk are independent, rigorous and evidence-based, while reflecting a complete understanding of the structures, institutions and economic realities being assessed.

The establishment of AfCRA adds an important African-led source of credit opinion to the market. Its value will not be measured by whether it produces more favourable ratings, but by the credibility of its analysis, the quality of its data and transparency of its methodology, and its ability to deepen understanding of African sovereigns, sub-sovereigns and corporate credit.

This is particularly important given that many African issuers remain unrated, while local-currency and sub-sovereign markets continue to have limited rating coverage. Expanding credible rating coverage can improve the information available to investors and support the development of deeper domestic and regional capital markets.

AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans

Alongside fellow members of the Alliance of African Multilateral Financial Institutions (AAMFI), Afreximbank has consistently maintained that African Multilateral Financial Institutions should be assessed on the basis of their fundamentals, performance, legal frameworks, mandates and operating models. Ensuring that these institutional characteristics are properly understood is essential to achieving informed, balanced and credible assessments of African risk.

Commenting on the uniqueness of the African market, and need for AfCRA’s rating methodology to reflect this, Mr Denys Denya, Senior Executive Vice President, Afreximbank, said: “The rating methodology AfCRA develops must recognise the uniqueness of our environment and its institutional structures. The Agency must set its own standards and not follow those set elsewhere — it must build a unique identity that conforms to an ‘African best practice.”

Highlighting the need for the autonomy of the Africa Credit Rating agency as it takes off, Mr Denya added: “Most importantly, AfCRA must set a new benchmark for the continent, maintain its independence, and remain wholly owned and controlled by Africans. We must all use it, and in return expect a complete assessment of where we (Africa) stand: the strengths the market has ignored, and the weaknesses we still need to fix.”

AfCRA should therefore be seen as complementary to existing international and regional rating agencies, broadening the range of credible analysis available to investors and issuers while strengthening competition, transparency and analytical capacity within Africa’s credit markets.

As Africa seeks to mobilise the scale of capital required for industrialisation, trade, infrastructure and economic transformation, credible African institutions that improve information, strengthen market confidence and deepen the continent’s financial markets will become increasingly important.

Afreximbank congratulates the African Union, the African Peer Review Mechanism (APRM) and all those involved in bringing AfCRA from concept to launch, and looks forward to the contribution the Agency will make to deeper, more transparent and more efficient African capital markets.

Distributed by APO Group on behalf of Afreximbank.

 




 

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