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China-Africa Energy Investment and Cooperation to be Showcased at Investor Forum in Shanghai

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Invest in African Energy

Taking place March 13, 2025, the Invest in African Energies investor forum will explore new opportunities for Chinese companies in Africa

SHANGHAI, China, February 18, 2025/APO Group/ –The African Energy Chamber (AEC) (https://EnergyChamber.org) – serving as the voice of the African energy sector – will host the Invest in African Energies investor forum in Shanghai on March 13, 2025. The forum will focus on building stronger China-Africa relations, while opening new avenues for Chinese producers, investors and equipment suppliers to expand their footprint across the continent.

Taking place at the Westin Bund Center in Shanghai, the investor forum builds on a series of impactful investor forums hosted globally. The forum will highlight emerging investment opportunities in Africa, while highlighting the role Chinese firms can play in driving projects forward. As part of the visit, the AEC will also be meeting with government officials, state companies, private companies and entrepreneurs encouraging greater collaboration between Africa and China across the oil and gas, mining and renewable sector.

China has become Africa’s largest bilateral trading partner in the last 20 years, with trade volumes amounting to $282 billion (2023). Primary commodities such as fuel, mineral products and metals represent three-fifths of Africa’s exports to China, while Chinese firms continue to expand their presence across the continent. Chinese exploration and production companies are already showing strong signs of increasing investment in Africa. Wing Wah, for example, is pioneering an integrated natural gas project in the Republic of Congo, designed to boost gas monetization and reduce previously-flared resources. Over three phases, the $2 billion Bango Kayo conventional block will produce 30 billion cubic meters of associated gas over a 25-year period.

Africa is wide open for energy business with Chinese companies, especially with the G20 coming to Africa this year

The state-owned China National Offshore Oil Corporation (CNOOC) also has a strong presence across the continent. In Angola, the company is exploring investment opportunities, visiting the country in 2024 to discuss the deepwater Block 24. In East Africa, CNOOC is developing the East African Crude Oil Pipeline alongside TotalEnergies and the respective national oil companies of Uganda and Tanzania. At a cost of $5 billion, the 1,443-km pipeline will connect Uganda’s Kingfisher and Tilenga oilfields to Tanzania’s Port of Tanga. The pipeline will come online in 2026. CNOOC has also partnered with the Tanzania Petroleum Development Corporation to explore deep-sea Block 4/1B and 4/1C and is considering investing in South Sudan’s Blocks 3 and 7. In West Africa, CNOOC is conducting wildcat drilling at Blocks BC-9 and BCD-10.

The China National Petroleum Corporation (CNPC) is also investing heavily in upstream oil and gas projects. These include the Coral South FLNG development in Mozambique’s Area 4, which exported its first LNG cargo in 2022. CNPC also signed a $400 million crude oil supply agreement in 2024 with the government of Niger, with the company selling crude from its Agadem field. The CNPC is developing a 1,980km pipeline connecting the Agadem Rift Basin in Niger to Benin’s Atlantic Oil Terminal. These are just some of the many projects underway by the CNPC in Africa. Chinese independent United Energy Group (UEG) is on track to double its Egyptian output following the acquisition of Apex International Energy’s Western Desert portfolio. The project will increase UEG’s production by 22,100 barrels per day. UEG currently holds 5 concessions in Egypt’s Western and Eastern Deserts.

In addition to exploration and production firms, Chinese equipment suppliers and service providers are supporting the development of oil and gas projects in Africa. Construction firm China National Chemical Engineering, for example, is supporting the development of Angola’s Lobito Refinery – poised to be the largest in the country with 200,000 barrels per day capacity. The company has also expressed interest in supporting the development of Nigeria’s $20 billion Ogidigben gas project in Delta. Through the Belt and Road Initiative, China is encouraging further participation by Chinese equipment suppliers and infrastructure developers in Africa. The initiative seeks to create trade corridors across the continent, offering new opportunities for cross-border collaboration.

“China has proven that it is a strong partner for Africa. From upstream oil and gas projects to downstream infrastructure developments to renewable energy, power facilities and transportation corridors, Chinese firms are eager to support African development. The forum will build on this interest to connect Chinese firms to African projects,” states NJ Ayuk, Executive Chairman of the AEC.

“Africa is wide open for energy business with Chinese companies, especially with the G20 coming to Africa this year and African Energy Week will play a lead role as the home of G20 Africa energy investments. We continue to encourage innovation and investment in our energy sector and encourage African states to move faster on creating a business climate where businesses of any type and size can grow and thrive, in our continent,” concluded Ayuk.

The forum serves as a prelude to the African Energy Week (AEW): Invest in African Energies conference, returning for its next edition from September 29 to October 3 in Cape Town. As the largest energy event on the continent, AEW 2025 seeks to drive a new wave of investment into African energy projects. As one of the continent’s biggest trade and finance partners, China’s role in driving projects forward will be discussed during the conference.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

U.S.-Africa Energy & Minerals Forum Expands to Critical Minerals and Supply Chain Security

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Africa

This year’s U.S.-Africa Energy & Minerals Forum in Houston signals a strategic shift toward integrated energy and critical minerals investment, strengthening U.S. partnerships across Africa’s resource and industrial value chains

HOUSTON, United States of America, February 26, 2026/APO Group/ –The U.S.-Africa Energy & Minerals Forum (USAEMF) has relaunched with a dedicated focus on critical minerals, marking an important evolution in its role as a platform for U.S.-Africa commercial engagement. Building on its foundation in energy, power and industrial projects, the forum’s expanded scope positions it at the center of investment conversations shaping the future energy economy.

 

Scheduled for July 21–22, 2026, in Houston, Texas, USAEMF comes at a time of surging global demand for copper, cobalt, lithium, manganese and rare earth elements, driven by electrification, battery storage, AI infrastructure and advanced manufacturing. Africa is increasingly critical to securing these materials, highlighting how energy and minerals are now interconnected pillars of industrial growth, geopolitical stability and decarbonization.

The forum’s minerals mandate deepens engagement with African producers – particularly the Democratic Republic of Congo (DRC), home to some of the world’s largest copper and cobalt reserves. Momentum is building through the U.S.–DRC strategic minerals framework and the U.S.-backed Orion Critical Mineral Consortium, a major investment platform supported by the DFC and private partners. The consortium is pursuing a 40% stake in the Mutanda and Kamoto copper-cobalt operations in a $9 billion transaction, securing long-term supply for allied markets while reinforcing cooperation on infrastructure, security and supply-chain governance.

Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties

U.S. financing is also expanding across the region, with the DFC managing a continental portfolio exceeding $13 billion to support mining, processing and transport infrastructure for critical mineral supply chains. Recent commitments include rare earth, graphite and potash projects in Malawi, Mozambique and Gabon; broader investments in Uganda, Tanzania, Zambia and South Africa; and $553 million linked to the development of the Lobito Corridor. The DFC is also a major backer of TechMet, a U.S.-supported investment firm valued at over $1 billion, which is raising up to $200 million to expand copper, cobalt, lithium and rare earth assets and pursue new opportunities across the DRC and Zambia. Together, these initiatives underscore Washington’s push to diversify battery-mineral supply while positioning Africa as a long-term partner in clean energy and industrial value chains.

Houston’s role as host city reflects the alignment between American industrial capacity and African resource development. Long established as a global energy hub, the city is expanding into energy transition technologies, advanced materials, carbon management and industrial innovation. By convening African governments with U.S. private equity, development finance institutions, exporters, insurers and technical service providers, the forum creates a commercial platform capable of converting mineral potential into bankable projects.

“The evolution from USAEF to USAEMF reflects a broader shift toward integrated energy and mineral development,” states Nadine Levin, Portfolio Director at Energy Capital & Power, forum organizers. “Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties and advances projects that deliver long-term shared value.”

While critical minerals define the forum’s strategic expansion, the U.S.’ longstanding role in Africa’s energy sector remains central to the platform’s value proposition. American energy companies continue to advance exploration and development across key upstream markets, support gas monetization in the Gulf of Guinea and revitalize mature production in North Africa. U.S. export credit and development finance are also helping unlock large-scale LNG capacity in Mozambique while supporting optimization and expansion across existing gas infrastructure in West Africa – demonstrating how American capital, engineering expertise and risk-mitigation tools convert resource potential into delivered energy systems.

USAEMF is the leading platform connecting U.S. capital and technical expertise with Africa’s energy and minerals sectors. For more information or to participate at the upcoming forum, please contact sales@energycapitalpower.com

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

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Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

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Pesalink

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders

NAIROBI, Kenya, February 26, 2026/APO Group/ —

  • Instant 24/7 bank-to-bank transfers across African borders in local currencies.
  • Simpler cross-border payments for individuals, businesses, and SMEs.
  • 80 plus Pesalink network participants now linked to 160 plus PAPSS participating banks.

 

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration.

 

The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This reduces complex correspondent banking requirements and reliance on foreign reserve currencies.

 

Kenyan banks will now be able to offer faster, cheaper cross-border payments

PAPSS, an initiative of the African Export-Import Bank (Afreximbank) in collaboration with the African Union and the AfCFTA Secretariat, enables cross-border payments between African countries. Pesalink is now a Technical Connectivity Provider. It means that 80 plus Kenyan bank, fintech, SACCO and telco participants on the Pesalink network will be connected to 160 plus commercial banks and fintechs on the PAPSS platform.

 

Cross-border payments remain expensive and slow for many African businesses. The 2023 (http://apo-opa.co/4baDSh7) World Bank Remittance Prices report indicates that sending money across African borders incurs on average 7-8% of the total value sent (above the global average of 6–7%). Settlement can also take three to seven business days.

 

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders.

 

Speaking during the partnership signing held at Pesalink offices in Nairobi, PAPSS CEO Mike Ogbalu III said, “For PAPSS to deliver true impact, collaboration with national and private switches like Pesalink is essential. Pesalink is the first switch we’ve piloted for transaction termination in Kenya, and we are already seeing greater adoption by opening more channels for seamless, local-currency cross-border payments across Africa.”

 

Pesalink CEO, Gituku Kirika, said “Kenyan banks will now be able to offer faster, cheaper cross-border payments. They will be helping their customers grow more regional trading relationships and thrive in a more integrated digital economy.”

Distributed by APO Group on behalf of Afreximbank.

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Events

Africa Trade Conference Returns to Cape Town with Esteemed Speakers Driving Africa’s Trade Agenda

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Africa

Second edition convenes global policymakers, business leaders, and innovators to accelerate Africa’s integration into global trade

CAPE TOWN, South Africa, February 26, 2026/APO Group/ –Access Bank Plc (www.AccessBankPLC.com) is proud to announce the distinguished line-up of speakers for the second edition of the Africa Trade Conference (ATC 2026), scheduled to take place on March 11, 2026, at the Cape Town International Convention Centre, Cape Town, South Africa. Building on the strong foundation of its inaugural edition, ATC 2026 will convene an exceptional assembly of global and African leaders, policymakers, investors, and business executives committed to shaping the future of trade on the continent.

The Africa Trade Conference has rapidly emerged as a premier platform for advancing dialogue and action around Africa’s evolving role in global commerce. The 2026 edition will feature influential voices from across finance, government, development institutions, and the private sector, who will share insights on unlocking trade opportunities, strengthening intra-African commerce, enabling business expansion, and positioning African enterprises for global competitiveness.

The confirmed speakers represent a powerful cross-section of leaders driving Africa’s economic transformation.

Building on the momentum of its maiden edition, which convened senior decision-makers from 28 countries, the 2026 conference with the theme “Turning Vision into Velocity: Building Africa’s Trade Ecosystem for Real-World Impact”, will have the keynote address delivered by Kennedy Mbekeani, Director General, Southern Africa Region, African Development Bank (AfDB), alongside Kwabena Ayirebi, Managing Director, Banking Operations at the African Export-Import Bank. Their joint keynote will address the evolving financing landscape for African trade and the strategic pathways for unlocking continental prosperity.

The welcome address will be delivered by Roosevelt Ogbonna, CEO/GMD, Access Bank Plc, who will set the tone for discussions centered on trade transformation, financial inclusion, and regional competitiveness, while Tolu Oyekan, Managing Director & Partner at Boston Consulting Group, will deliver insights on “Africa Trade Outlook 2026”, examining emerging macroeconomic trends, supply chain shifts, and growth opportunities across key sectors.  The CEO of Pan-African Payment and Settlement System, Mike Ogbalu, will be engaging the conference participants on the topic, “Building a Connected Africa Through Trade, Payments & Technology”, focusing on how payment interoperability and digital infrastructure can accelerate the African Continental Free Trade Area (AfCFTA) agenda.

The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us

The conference will also host a High-Level Ministerial Panel that features Elizabeth Ofosu-Adjare, the Minister for Trade, Agribusiness & Industry, Ghana; Tiroeaone Ntsima, Minister of Trade and Entrepreneurship, Botswana; Mr. Florian Witt, Divisional Head, International & Corporate Banking Oddo-BHF, Ms. Nathalie Louat – Global Director, International Finance Corporation (IFC), Dr Isaiah Rathumba – Head of Department, Limpopo Economic Development, Environment and Tourism and Mr. Alfred Idialu – Chief Rep Officer, Deutsche Bank among other policymakers shaping trade policy across the continent.

Commenting on the announcement, Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank Plc, said:
“The Africa Trade Conference reflects our unwavering commitment to advancing Africa’s economic transformation by creating a platform that brings together the leaders, institutions, and ideas shaping the future of trade. The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us. Africa is not only participating in global trade, it is helping to redefine it. Through this convening, we aim to catalyse partnerships, unlock new opportunities for businesses, and accelerate Africa’s integration into global value chains.”

“At Access Bank, we see ourselves not just as financiers, but as connectors of markets, ideas, and opportunities. Our role is to help African businesses move from ambition to impact, from local relevance to global competitiveness.”

With operations in 24 countries globally, including 16 across Africa, Access Bank’s expansive footprint places it in a unique position to facilitate cross-border trade, unlock regional value chains, and simplify the complexities of doing business across markets.

“Our presence across Africa and key global corridors gives us a front-row seat to the realities of trade. It also gives us the responsibility to design solutions that are inclusive, scalable, and future facing. ATC 2026 is part of that commitment, Ogbonna added.

ATC 2026 is expected to catalyze partnerships, enable policy dialogue, and provide actionable strategies for businesses operating within and beyond the continent.

The Access Bank Chief puts it thus, “Africa will not be a spectator in the remaking of global trade. We will be one of its architects. ATC 2026 is where those blueprints will be drawn.”

For more information and registration, please visit https://apo-opa.co/4sdXWF7

Distributed by APO Group on behalf of Access Bank PLC.

 

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