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Cameroon Advances Gas-to-Industry Agenda with First Delivery from Bipaga Processing Center

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Bipaga

The milestone affirms the critical role natural gas plays in Africa

YAOUNDÉ, Cameroon, July 16, 2024/APO Group/ — 

The Bipaga Gas Processing Center in Cameroon has transported its first gas cargo to the Keda Ceramics manufacturing plant via a 6 km-long pipeline constructed by national oil company Société Nationale des Hydrocarbures (SNH) and independent hydrocarbon producer Perenco. Keda Ceramics – the largest ceramics facility in the region – will utilize the gas to power factory generators and kilns, enabling the production of approximately 20 million m² of ceramic tiles once the facility is fully commissioned.

The African Energy Chamber (AEC) – serving as the voice of the African energy sector – celebrates the milestone achieved by Perenco and the government of Cameroon. Representing the first gas-to-industry project spearheaded by Perenco in Central Africa, the delivery showcases the critical role natural gas plays in driving industrialization across the region. The project is a testament to how gas can be produced and monetized in a way that supports domestic manufacturing and job creation and is the start of a new era of growth for the Cameroonian economy.

Cameroon is setting a trend for other resource-rich nations in Africa that are seeking innovative solutions to advance industrialization

Cameroon aims to become a manufacturing hub, driving industrialization through the development of natural gas projects. The country’s Industrialization Master Plan – adopted in 2016 – outlines a strategy to position the country as a regional electricity provider; a supplier of agro-industrial produce; and a top equipment manufacturer. The Keda Ceramics project falls under this plan. Once fully commissioned the factory will utilize up to six million cubic feet of gas per day to power its operations, creating 2,000 direct and indirect jobs in the Kribi region. Gas will be supplied under a 20-year agreement signed in September 2022 with Perenco and SNH.

The project represents just one of the many underway that aim to bolster gas monetization in Cameroon. On the LNG front, Cameroon aims to increase production from the existing 1.6 million tons per annum (mtpa) to five mtpa by 2026. The country represented the first in the world to convert an LNG carrier into an FLNG vessel, with the Hilli Episeyo FLNG facility – developed by LNG manufacturer Golar LNG, Perenco and SNH – celebrating its 100th cargo delivery in 2023. The project partners are currently in discussions to re-contract the FLNG vessel beyond the end of its existing contract period (July 2026).

Beyond LNG production, Cameroon plans to increase LPG for clean cooking use to 58% by 2035 and is inviting investment in midstream and downstream infrastructure. SNH currently operates a domestic gas depot in Bipaga, representing the country’s sole supplier of locally-produced LPG. The country’s LPG Masterplan – launched in 2016 – envisages 400 million euros in financing to fund an additional seven million LPG cylinders in the country while strengthening importation, storage, transportation and retail infrastructure. In the power sector, natural gas projects aim to bolster electrification and economic growth. The Kribi Gas-Fired Power Plant – operational since 2013 – has a capacity of 341.3 MW and is located in southern Cameroon. The project utilizes gas from the Sagana South offshore gas field and provides the region will clean power.

Meanwhile, Cameroon is seeking new investment in exploration as well as alternative pathways to monetize stranded reserves. Independent oil and gas company Tower Resources extended the first exploration period of the Thali PSC in the Rio del Rey basin in January 2024. The contract calls for the drilling of one exploration well. Estimated to contain up to four distinct play systems, the Thali prospect offers the potential for additional discoveries. Additionally, in June 2023, Perenco signed a new 20-year PSC with SNH for the continued development of the Rio del Rey Basin. The basin has approximately 1.2 billion barrels of undeveloped reserves. Further exploration across the market will not only increase national oil and gas production but support industrialization efforts across the country.

“Cameroon is setting a trend for other resource-rich nations in Africa that are seeking innovative solutions to advance industrialization. By directing investment towards gas processing and distribution while promoting new exploration to sustain supplies, the country is fast-tracking the development of multiple industries country-wide. Gas is a fuel for industrialization in Africa and Cameroon is a testament to this,” states NJ Ayuk, Executive Chairman of the AEC.

Distributed by APO Group on behalf of African Energy Chamber.

Business

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

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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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