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Central Africa: A Dynamic Hub for Innovation and Investment

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African Energy

At the Invest in African Energy 2024 forum in Paris, Central Africa’s energy hotspots will showcase its most transformative projects, inviting global participation

PARIS, France, December 21, 2023/APO Group/ — 

Central Africa holds some of Africa’s leading frontier markets for hydrocarbon exploration, featuring underexplored acreage, coupled with substantial proven oil and gas reserves. Along with emerging renewable developments and significant needs for enhanced power generation and distribution, the region features investment opportunities across its energy value chain. The upcoming Invest in African Energy (IAE) event in Paris in May 2024 will highlight the full spectrum of energy investment opportunities in the region, providing a platform for investors, developers and service providers to engage with the region’s most transformative projects.

Equatorial Guinea

Equatorial Guinea is rapidly evolving into a regional gas liquefaction and distribution hub through its flagship Gas Mega Hub (GMH) initiative. Its first phase successfully linked the offshore Alen Field to the Punta Europa liquefied natural gas (LNG) terminal on Bioko Island, while the second phase focuses on processing gas from the Alba Field and is set to come online in 2024. Phase Three, transporting gas from the Aseng Field, has secured agreements with Marathon Oil, signed last March. The country is actively seeking to expand gas-focused investments through collaborations with international investors.

Republic of the Congo

Congo-Brazzaville is positioning itself as a dynamic energy market, with new developments spanning oil exploration to gas monetization. Perenco recently completed a 3D seismic acquisition campaign on the Tchibouela II, Tchendo II, Marine XXVIII and Emeraude permits, paving the way for future exploration drilling and aligning with efforts to double hydrocarbon output to 500,000 bpd. Eni is awaiting the start-up of its Congo LNG project – set to transform ROC into a top LNG exporter – while a new 50,000-bpd refinery is expected to come online Q1 2024. At the previous edition of IAE in Paris, Congolese Ministry of Hydrocarbons entered into a cooperation agreement with Technip Energies, focusing on capacity building for on- and offshore energy developments, as well as energy transition principles related to LNG, zero-carbon energy solutions and decarbonization.

The region features investment opportunities across its energy value chain

Chad

Chad is seeking investments for its energy sector, which houses 1.5 billion barrels of crude oil reserves, renewable energy opportunities and an untapped natural gas market. Advancing Chad’s upstream and associated gas-harnessing capabilities, Perenco brought online the Moundou Power Station earlier this year, utilizing feedgas from its operated Badila and Mangara fields. Chad is also a key player in the Central African Pipeline System — a 6,500-km regional oil and gas pipeline set to include storage depots, LNG terminals, refineries and gas-fired power plants. Currently in its feasibility stage, the project is seeking investors.

Democratic Republic of the Congo (DRC)

The DRC has emphasized its untapped hydrocarbon potential and awarded production sharing contracts for three gas blocks in Lake Kivu earlier this year. Last July, the country signed a historic cooperation agreement with Angola for the exploration, production and development of hydrocarbons in Chevron-operated Block 14,  located on the two countries’ maritime border. The country is seeking to expand its crude oil output, while also expanding its critical minerals industry that could help fuel the global energy transition. Last month, Canada’s Ivanhoe Mines announced a significant copper discovery in the DRC, signaling exploration opportunities for European mining companies.

Cameroon

Cameroon recently inaugurated its first large-scale solar photovoltaic (PV) plants: the 36 MWp Maroua and Guider facilities. Developed by Norway’s Scatec and commissioned by Cameroon’s Eneo – with $27.3 million in investment and a $11.6-million guarantee from BGFIBank Group – the plants generate 80 GWh annually and will contribute to the elimination of approximately 60,000 metric tons of CO2 per year. The project also addresses the urban-rural electrification gap, currently at 65% and 25%, respectively, and aims to raise electricity access rates and diversify Cameroon’s energy mix. The country’s abundant solar resources make it an ideal destination for European investors seeking clean energy investment opportunities.

Invest in African Energy (IAE) 2024 is an exclusive forum designed to foster collaboration between European investors and African energy markets. Taking place May 14-15, 2024 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com.

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

Events

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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Business

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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Business

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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