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China Bridge Energy Commits to Bringing Innovative Engineering, Procurement, and Construction (EPC) and Financing Solutions

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China Bridge Energy

Taking place November 4-8 in Cape Town, African Energy Week: Invest in African Energy serves as the premier deal-signing platform for African projects and international investors

CAPE TOWN, South Africa, September 12, 2024/APO Group/ — 

Maritime and energy firm China Bridge Energy is assessing project opportunities across Africa with a view to creating win-win collaborations and advancing the development of cost-effective oil and gas solutions. With experience in ship brokerage; financing and refinancing; ship building and conversion; and oil and gas projects, the company aims to use its Engineering, Procurement and Construction (EPC) and financing solutions to address energy challenges and drive long-term economic growth.

A delegation from China Bridge Energy is joining the African Energy Week (AEW): Invest in African Energy conference this November (4-8) to gain insight into African projects and partnership opportunities. With the aim of driving projects forward and fostering stronger commercial ties between Africa and China, the company is inviting African firms and energy stakeholders to engage during this year’s conference.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

China Bridge Energy has a history of offering support for large-scale project developments in Africa. The company collaborated with the China Petroleum Technology and Development Corporation (CPTDC) to offer an EPC and financing package for the Coral South FLNG project in Mozambique. China Bridge Energy selected the Hudong-Zhonghua Shipyard and Black & Veatch as EPC partners while mobilizing a consortium comprising CPTDC, China Development Bank and Bank of China to offer a financing package to cover 90% of the project’s required funding.

China Bridge Energy represents a company that is focused on collaboration and unlocking real value across Africa’s oil and gas industry

In Cameroon, China Bridge Energy provided support for the Etinde Field Project, comprising 1.7 trillion cubic feet of proven gas reserves. The company partnered with CPTDC and China Petroleum Pipeline Engineering (CPP) for the EPC. Additionally, to help fund the early stages, China Bridge Energy provided a short-term loan of $50 million (10% of the total contract price) and also arranged for another $50 million investment through the CMB Group to support the bidding process.

Additionally, in 2021, China Bridge Energy worked on a gas project in Morocco that involved three key components: building a gas processing plant, laying down pipelines and drilling wells. The company constructed a 120-km pipeline that connects to an existing pipeline to supply gas to local power plants. The project included drilling five wells before the gas was ready for use and seven more afterward. China Bridge Energy organized CPP to handle the plant construction and pipeline work

One of China Bridge Energy’s Nigerian clients is planning to build a FLNG facility with a storage capacity of 200,000 m³. The total cost of this project is $1.8 billion. China Bridge Energy reached out to the Bank of China and secured a financing solution for the project. For the construction, the company chose international contractors JGC and Technip to handle the entire process. In Ghana, the company provided an initial service plan for the Ghana Petroleum Hub – estimated to cost $60 billion. The project includes building refineries, storage tanks, petrochemical plants, jetties, a port and other infrastructure. To support the project, China Bridge Energy is working closely with its partners to offer both EPC and financing solutions.

Leveraging this experience, China Bridge Energy is assessing new opportunities in Africa’s energy sector. The company’s services include EPC solutions, with strong ties to Chinese shipyards such as China Merchants, Wison Shipward, China Ocean Shipping Company and more ensuring the effective procurement and construction of relevant modules for EPC projects. China Bridge Energy’s own shipyard has extensive experience in developing LNG modules. In terms of other engineering solutions such as pipeline, tanks and more, the company leverages its partnerships with professional engineering companies such as China Harbor Engineering Company, China Petroleum Engineering & Construction Corporation and others to provide full service ECP solutions.

In the financing side, China Bridge Energy offers a range of support to get projects off the ground. The company utilizes financing from both domestic banks in China, including the Bank of China and Export-Import Bank of China, as well as international corporations to support development. Opportunities for equity investments in projects are also available, with flexibility at the core of capital-raising. The company not only offers to provide a high percentage of the project’s financing but up to 50% equity investment. The company works closely with a range of Chinese off-takers, covering crude oil, LNG, LPG, methanol and other oil and gas-related products.

“China Bridge Energy represents a company that is focused on collaboration and unlocking real value across Africa’s oil and gas industry. With a strong project portfolio and experience operating across the African market, the company is committed to engaging with African government, national oil companies and private sector firms to drive more investment into African energy projects. This is what Africa needs: a strong global partner that is focused on value, collaboration and finding innovative solutions to project development,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

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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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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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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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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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