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Capital and Collaboration Key Pillars for Africa’s Development, Highlights South Sudan Energy Event

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The South Sudan Oil & Power conference kicked off with Ministerial addresses from APPO, OPEC, South Africa and Zimbabwe

JUBA, South Sudan, June 15, 2023/APO Group/ — 

The African Petroleum Producers Organization (APPO), the Organization of Petroleum Exporting Countries (OPEC) and Deputy Ministers from South Africa and Zimbabwe reiterated the important role of partnerships in addressing energy poverty and advancing energy security in Africa during the country’s official energy summit, South Sudan Oil & Power (SSOP) (https://apo-opa.info/43Zsqyp) – organized by Energy Capital and Power (https://www.EnergyCapitalPower.com) and taking place this week in Juba.

The respective heads of APPO and OPEC emphasized that with South Sudan representing the only major oil producer in East Africa, the country’s 3.5 billion barrels of reserves play a critical role in facilitating energy security, both in the country and across the East African market, and by unlocking capital and collaboration, the country’s standing as the engine of East African growth will be realized. 

In his opening address, APPO Secretary General H.E. Dr. Omar Farouk Ibrahim stated that “Now more than ever, South Sudan needs to attract investments, develop local content in oil and gas technology and expertise, and find lasting markets for its oil and gas.” In this scenario, innovative capital solutions and collaboration are key drivers, and H.E. Dr. Farouk believes that, “the Republic of South Sudan could not find a better place to build international partnerships, attract investment and technology, and improve the performance of the South Sudanese energy sector and the broader East African sector than with APPO.”

South Sudan’s proven reserves are 3.5 billion barrels, offering the opportunity to generate energy security and drive economic growth

OPEC reiterated similar sentiments, with Mhammed Mouraia, Statistical Systems Coordinator, Data Services Department, Research Division at OPEC stating that “South Sudan’s proven reserves are 3.5 billion barrels, offering the opportunity to generate energy security and drive economic growth. To utilize these resources, we recognize the need for stakeholders to work together. OPEC’s contribution in this regard is sustainable oil market stability.”

For South Africa, the country represents a critical partner, and the southern African nation is making strides towards strengthening bilateral relations. The country’s DDG for Mining, Mineral and Energy Policy Development at the Department of Mineral Resources and Energy, Ntokozo Ngcwabe, remarked that South-South collaboration has been key for maximizing resources, and that to address energy poverty, “let us replicate these partnerships across the continent and awaken the great potential that lies beneath our soils. Addressing energy poverty must include the monetization of all our resources, including oil and gas.”

Meanwhile, representing an untapped market in its own right, South Sudanese expertise will be key for helping Zimbabwe unlock the full potential of its resources. The country has kickstarted an exploration campaign of its own, and with the support of South Sudan, the country is well positioned to drive successful upstream campaigns.

Zimbabwe’s Deputy Minister of Energy and Power Development, Hon. Magna Mudyiwa remarked that, “Zimbabwe is currently exploring for oil and gas in the northern part of the country,” and that, “As we explore, there is urgency for expertise and technology to support the development of resources. Zimbabwe has a lot to learn from South Sudan who has done a lot of exploration before us. South Sudan is an amazing case study and can offer advice on regulations, structures and law, handling of environmental issues that rise due to oil and gas production, and appropriate technology for optimized oil recovery.”

As such, collaboration will play an important part in maximizing Africa’s oil and gas resources.

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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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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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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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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