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Congo Takes the Lead in Gas Monetization with Second Eni-Led Floating Liquefied Natural Gas (FLNG) Project

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Liquefied Natural Gas

Global energy major, Eni, has announced the launch of a second floating liquefied natural gas facility offshore the Republic of Congo in a move set to amplify the country’s LNG production and exports

JOHANNESBURG, South Africa, December 22, 2022/APO Group/ — 

At a time when Africa most needs its oil and gas resources, the Republic of the Congo is taking the lead, driving an ambitious gas monetization agenda led by the Minister of Hydrocarbon, H.E. Bruno Jean-Richard Itoua – who also served as the President of the African Petroleum Producers Organization for 2022 – and national oil company, La société nationale des pétroles du Congo (SNPC), in close collaboration with a suite of regional and global energy majors.

And the most recent achievement saw Italian energy major, Eni, signing a contract with Wison Heavy Industry for the construction and installation of the Republic of the Congo’s second floating liquefied natural gas (FLNG) facility – an achievement set to significantly increase the production and exportation of liquefied natural gas (LNG). With a capacity to produce 2.4 million tons per annum (mtpa) of LNG, the facility represents part of the wider Marine XII gas valorization plan, and is set to increase LNG production on Marine XII to three mtpa by as early as 2025.

The announcement of a second FLNG facility could not come at a better time for both the country and the African continent at large. In addition to reaffirming Eni’s commitment to the country, the launch of a second FLNG platform is set to significantly improve domestic production, consolidating the Republic of the Congo’s position as a regional gas hub. With over 10 trillion cubic of natural gas resources, the development of Congolese gas serves as one of the key solutions to ensuring the regional economy not only develops, but thrives. As such, the government has been focused on investment, creating the right business environment that has allowed majors such as Eni to launch large-scale projects such as this.

AEW 2023 represents the premier platform where energy deals are made

“What the Ministry of Hydrocarbons, led by H.E. Bruno Jean-Richard Itoua, and the SNPC have done in the Congo should be commended. They have been committed to gas and the results are already showing. The Republic of the Congo has the chance to become not only a regional but global producer of LNG, and the launch of a second FLNG facility by Eni will be key for making this objective a reality,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber.

For their part, both the Ministry of Hydrocarbons and the SNPC have been resilient, despite ever-increasing pressure by global actors for Africa to immediately transition away from oil and gas. Recognizing the critical role natural gas has and will continue to play in making energy poverty history, kickstarting industrialization while driving long-term and sustainable socioeconomic growth, the Ministry and SNPC have long-been committed to creating an enabling environment for investors, with the announcement of Eni’s second FLNG facility serving to only reaffirm the efforts taken by the government to do just that.

Under the country’s broader Gas Master Plan – a national framework developed by the Ministry of Hydrocarbons and Wood Mackenzie and guided by the SNPC that lays the foundation for the promotion of gas utilization and the attraction of foreign direct investment – the Republic of the Congo has prioritized an enabling environment, making a strong case for project launches, investment commitments and international partnerships. In this regard, other African countries should follow suite, as the country serves as a benchmark for other gas-rich nations across the continent. 

The very topic of natural gas monetization represents a central point of discussion during the 2023 edition of the continent’s premier event for the oil and gas sector: African Energy Week (AEW). Under a mandate of making energy poverty history by 2030, AEW 2023 – taking place from October 16-20 in Cape Town, South Africa – represents the ideal platform to sign deals, form partnerships and capitalize on African energy opportunities in 2023 and beyond. Having taken on a central role during AEW 2022, the Republic of the Congo will, once again, lead discussions and deals during AEW 2023.

“AEW 2023 represents the premier platform where energy deals are made. During the 2022 edition, a number of billion-dollar deals were signed that are already translating into project launches and developments. During the 2023 edition, this trend will only continue as stakeholders from across the global and regional energy landscape make their way to Cape Town to become part of Africa’s energy movement. The announcement of a second FLNG facility in the Congo represents just one of the types of developments AEW 2023 is set to unlock, and you can be a part of the next wave of Africa-focused deals.”

AEW 2023 is set to return even bigger than better than previous editions. Secure your spot among energy ministers and policymakers, global energy majors and investors, as well as regional stakeholders and companies at the biggest gathering for the energy sector on the continent.

Distributed by APO Group on behalf of African Energy Week (

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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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