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CSquared Celebrates Connecting Africa through 5 Remarkable Years of Success

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CSquared

This week the Management team of CSquared Group celebrates the company’s 5th Anniversary whilst in Cape Town, South Africa

CAPE TOWN, South Africa, November 7, 2022/APO Group/ — 

In Togo, Société d’Infrastructures Numériques (SIN) and Csquared (https://www.CSquared.com/) formed a joint venture (http://bit.ly/3FOSsfb) in a major digital infrastructure transformation initiative that lands Google’s Equiano Cable in Togo. In Liberia, CSquared and USAID enter into a new partnership to construct an open access fiber backbone connecting Liberia, Ivory Coast & Guinea. In the Democratic Republic of Congo (DRC), CSquared now operates 100km of fiber in Kinshasa with Africell as anchor customer. An MoU with Société Congolaises des Postes et Télécommunications (SCPT) will land the country’s 2nd Submarine cable and enhance the National fiber backbone network. CSquared embarks on building its West Africa terrestrial backbone, starting with a partnership with the Ghana Grid Company Limited (GRIDCo) (http://bit.ly/3Teq4WH) connecting major cities within Ghana and neighbouring countries. Across Africa, our Cloud Services team is connecting customers to the public cloud providers via leading data centers (PAIX, iColo, Raxio, ADC, Terraco, MainOne, ONIX), providing simplified & tailored access to multi-cloud services.

This week the Management team of CSquared Group celebrates the company’s 5th Anniversary whilst in Cape Town, South Africa attending AfricaCom (http://bit.ly/3f22ajn) – Africa’s leading digital infrastructure gathering that brings together decision makers across the communications technology ecosystem focused on connecting the next billion people on the continent by inclusive, sustainable growth through tech investments.

Commenting on the Anniversary and the company’s achievements Lanre Kolade, CSquared Group Chief Executive Officer shared “It is not just a company anniversary but a family anniversary that has defied all odds to grow stronger and achieve great things together. I am so grateful to my team, our customers and partners, for their support and trust have been the biggest driver towards our continued growth. For emerging markets to fast track their development, communication is key, and the foundation of reliable communication is broadband infrastructure. Countries are now moving towards e-governance, e-health, e-education and those pillars cannot be achieved without the required infrastructure. That’s the gap CSquared aims to fill, ensuring that all African countries have sufficient broadband infrastructure. Our approach ensures that everyone, both the private and the public sector benefits from the infrastructure that is rolled out by CSquared.”

This year the African Development Bank (AfDB) estimated Africa’s infrastructure financing needs to be as much as $170 billion a year by 2025, with an estimated gap of about $100 billion a year. CSquared and its investors Google, Mitsui & Co (Japan), Convergence Partners (South Africa) and the International Finance Corporation (IFC, World Bank Group) play a critical role in supporting Africa achieve its ambitious digital needs.

A great deal has been achieved since 2017 when CSquared, originally a pilot project [Project Link (https://bit.ly/3ta4ZSR)] in Google, became an independent company with existing operations in Uganda and Ghana.

Fast forward 5 remarkable years of success:

TOGO

In March 2022, in the sunny city of Lomé, Togo, CSquared and Société d’Infrastructures Numériques (SIN), a public telecommunications asset company, announced a strategic partnership to create a joint venture (JV) – CSquared WoezonCSquared Woezon is a Togolese company with a minority public shareholding, 56% owned by CSquared and 44% owned by SIN. The entity is in charge of maintaining and operating Cable Landing Station for Equiano, Google’s subsea internet cable running from Portugal to South Africa with Togo as its first landing in Africa; as well as the existing Lomé metropolitan optical fiber network [e-Gouv]; and the national fiber backbone network [Communauté Electrique du Bénin (CEB)].

This JV demonstrates the company’s commitment and unique ability to partner with African Governments to achieve their national digital development goals. Public Private Partnerships hold the key to upgrading broadband infrastructure to next generation networks and driving the future advancement of ICT in emerging markets.

It is not just a company anniversary but a family anniversary that has defied all odds to grow stronger and achieve great things together

LIBERIA

CSquared is excited to announce today a new partnership with the U.S. Agency for International Development (USAID) to establish a 350 km national fiber backbone in Liberia, extending from  the nation’s capital city, Monrovia to the Ivory Coast and Guinea borders, crossing more than 13 cities, and enabling the country’s Internet service providers (ISPs) and mobile network operators (MNOs) to reach over one million Liberians and 50+  businesses and social institutions. The backbone will also provide Liberia with critical redundancy to the Africa Coast to Europe (ACE) submarine cable, currently the nation’s single source for international bandwidth and will become part of CSquared’s West Africa backbone carrying traffic from Liberia through to Nigeria.

This follows CSquared’s hugely successful partnership in 2017 with the Government of Liberia and USAID to bring best-in-class, reliable broadband infrastructure to Monrovia and its environs. The new partnership falls under USAID’s Digital Invest program, part of the U.S. Government’s Digital Connectivity and Cybersecurity Partnership and a flagship project of the Partnership for Global Infrastructure and Investment announced by President Biden in June 2022. These interventions are crucial to helping USAID fulfill its mission to help Liberia end extreme poverty and build resilient democratic institutions and to build open, inclusive, and secure digital ecosystems.

Democratic Republic of Congo

The company’s focus has also shifted to include Africa’s 2nd largest country by land mass, DRC, where at a recent World Bank connectivity conference held in Kinshasa, it was estimated that between 8 to 9 billion US Dollars will be needed to fully fiberise the DRC. CSquared with its development partners intends to significantly participate in this funding opportunity. In October, CSquared kicked off this commitment with the signing of two major deals.

The first was an MoU with SCPT (Société Congolaises des Postes et Télécommunications), enabling the Government’s goal of driving the country’s digital transformation by leveraging government assets through Public Private Partnerships. Our Accord Cadre will initially have 3 key components: to facilitate the landing of a 2nd Submarine Cable in DRC similar to our successful collaboration with Google and the Government of Togo landing Equiano in Lomé, Togo; the construction of a second Cable Landing Station [CLS] to connect to the Equiano Cable; and to expand and upgrade the National Fiber backbone network.

The second was with Africell, CSquared’s first anchor customer in DRC. Africell is a fast-growing mobile network operator with a pan-African footprint. Providing fast and reliable mobile network coverage and related technology services to over 16 million subscribers with a mission to make a positive everyday difference to customers, Africell and CSquared partner to impact lives through the provision of affordable, accessible and good quality telecoms products and services.

CLOUD

In the cloud connectivity and data center ecosystem, CSquared is a forward-thinking enabler. As an open-access network provider, CSquared has partnered with carrier-neutral data centers to make reliable connectivity available on demand to all ISPs and MNOs, who access large amounts of critical data in these data centers and the public cloud. These providers can then focus on delivering quality services to their end users while benefiting from our open access network, providing wide and seamless coverage to data centers and hosting facilities across the continent. A data center located PoP caters for layering Cloud offerings to provide simplified and tailored access, migration & consumption of multi-cloud services to businesses cost effectively to drive digital transformation across Africa.

Africa is undergoing impressive urban growth and is envisioned to reach a population of 2.4 billion people within the next few decades, favouring cities over rural areas. By 2030, it is expected that 6 of the world’s 41 megacities will be African. The urbanization process undoubtedly has the power to transform an economy. However, it also comes with a set of challenges such as the need for mobility and access to urban services, access to clean water and sanitation, public health, safety issues as well as policy-related matters.

Lanre Kolade remains enthusiastic about the company’s future and its role in directly tackling this challenge because as he states “If there is one thing CSquared has proven over the past 5 years, it is that we build broadband-enabling infrastructure for the future that guarantees a better, safer, faster customer experience, democratizing connectivity and achieving #InternetForAll. Get ready Africa, the future is promising and exciting.”

Distributed by APO Group on behalf of CSquared.

Business

Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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Etu Energias

As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

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

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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Energy

The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

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

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