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Etu Energias Targets 80,000 Barrels Per Day (BPD), Joins Angola Oil & Gas (AOG) 2025 as Gold Sponsor

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Etu Energias

Angolan private energy company Etu Energias has joined this year’s edition of the Angola Oil & Gas (AOG) conference as a Gold Sponsor. The sponsorship reflects the company’s commitment to supporting Angola’s oil and gas production goals, as it seeks to sustain output above one million barrels per day (bpd) beyond 2027. For its part, Etu Energias targets 80,000 barrels per day (bpd) by 2030, and the AOG sponsorship highlights a broader objective of engaging with stakeholders to achieve this goal.

Etu Energias’ sponsorship comes as the company undertakes an ambitious exploration campaign in Angola. The company signed a Risk Service Contract for onshore Block CON 4 in May 2025, outlining a 25-year operating licensing, including a five-year exploration timeframe and 20-year production period. To date, Etu Energias – alongside block partners Sonangol and Gesprocon – have completed the first phase of studies for the block and have defined a seismic survey. The milestone reflects a broader trend by the company to scale-up its exploration and production. By 2030, the company seeks to increase its oil reserves to 387 million barrels. The AOG sponsorship supports this goal by offering a platform for engagement and deal-signing.

AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; the National Oil, Gas and Biofuels Agency; the Petroleum Derivatives Regulatory Institute; national oil company Sonangol; and the African Energy Chamber; the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

As Angola’s largest private oil producer, Etu Energias has stakes in eight exploration projects, 10 development projects and seven redevelopment projects. The company targets a series of developments in 2025, all of which support the advancement of underexplored blocks in Angola. Notably, Etu Energias plans to complete deforestation and demining for Block FS/FST in 2025, with the first exploration well expected to be spud this year. At offshore Block 2/05, the company plans to complete exploration studies this year, with drilling set for 2025/2026. To support block acquisition, Etu Energias is also planning to hold an Initial Public Offering (IPO) in 2026, aimed at strengthening its financial capacity. The IPO will not only support debt reduction, but provide greater access to a wider investment pool.

Etu Energias’ exploration and production outlook builds on a highly-successful year in 2024, whereby the company expanded its portfolio of operated and non-operated assets from 6 to 15. The company’s oil reserves increased by 2.5 times during this period, reaching 106 million barrels. Major milestones during the year include an increase in block acquisitions. Offshore, the company increased its stake in Block 2/05 from 30% to 36%; in Block 14 from 20% to 29%; in Block 14K from 10% to 14.5%; and in Block 17/06 from 5% to 7.5%. Looking ahead, these acquisitions are expected to increase the company’s production capacity as it strives to unlock new deposits in Angola.

Beyond the upstream sector, Etu Energias strives to expand its downstream portfolio, following the launch of its lubricant line in 2024. Launched in collaboration with Glide Petroleum, the 1,000-ton-per-month line is expected to start production in 2025. The project aligns with goals by Etu Energias to capture 25% share of the market by 2029. Etu Energias’ AOG 2025 sponsorship will support Etu Energias’ goals, offering an opportunity for the company to engage with industry leaders, connect with global partners and outline the company’s long-term approach to exploration and production.

Distributed by APO Group on behalf of Energy Capital & Power

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Winners in the 2026 Middle East & North Africa Stevie® Awards Announced

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Seventh Annual Awards Sponsored by RAK Chamber of Commerce and Industry Recognize Innovation in 18 MENA Nations

FAIRFAX, United States of America, May 4, 2026/APO Group/ –Winners in the seventh annual Middle East & North Africa Stevie® Awards, the only awards program to recognize innovation in the workplace throughout 18 nations in the Middle East and North Africa, have been announced. The awards are sponsored by RAK Chamber of Commerce and Industry. The list of Gold, Silver and Bronze Stevie Award winners is available at https://MENA.StevieAwards.com.

We are delighted to recognize the achievements of such a diverse group of organizations across the MENA region

The 2026 Middle East & North Africa Stevie Awards have recognized organizations in 15 nations including Algeria, Bahrain, Egypt, Iraq, Jordan, Kuwait, Lebanon, Libya, Morocco, Oman, Qatar, Saudi Arabia, Tunisia, Türkiye and United Arab Emirates. More than 1,400 nominations in Arabic and English were evaluated in this year’s competition. Winners were determined by the average scores of 155 professionals worldwide (https://apo-opa.co/4cMbWRI), acting as judges on five juries to recognize innovative apps, achievements, entire organizations, public relations, customer service, human resources, individual professionals, live and virtual events, management, sustainability, technology, thought leadership, and more.

Winners of multiple Gold, Silver, or Bronze Stevie®  Awards include Abu Dhabi Heritage Authority, UAE; Abu Dhabi Housing Authority, UAE; ADNEC Services, UAE; ADNOC Drilling, UAE; Al Dhafra Region Municipality, UAE; Byrne Equipment Rental, UAE; Capital 360 Event Experiences, UAE; CarrefourSA, Türkiye; Dubai Culture & Arts Authority, UAE; Dubai Customs, UAE; Eastern Health Cluster, Saudi Arabia; Etihad Water and Electricity (EtihadWE), UAE; Federal Authority for Government Human Resources, UAE; FLO Group, Türkiye; GSTC, Saudi Arabia; Hail Region Municipality, Saudi Arabia; Samsung Saudi; Le Chene, UAE; National Partnerships and Capacity Development Agency, Ministry of Culture, Saudi Arabia; NEOVA KATILIM SİGORTA, Türkiye; NMDC Energy, UAE; Ooredoo Kuwait, Kuwait; Qatar Foundation, Qatar; Qatar Vision Production Company, Qatar; QNET, Hong Kong; Quill Communications, UAE; Saudi Authority for Industrial Cities and Technology Zones (MODON), Saudi Arabia; Saudi German Health UAE, UAE; TCS Dubai, UAE; Tosyalı Holding, Türkiye; Türkiye Sigorta, Türkiye; Ülker Bisküvi Sanayi A.Ş., Türkiye; and VakıfBank, Türkiye, among others.

Stevie winners will be presented their awards at a gala banquet at the InterContinental Hotel, Istanbul, Türkiye on Friday, 11 September.  Tickets for the event will be on sale this summer.

“We are delighted to recognize the achievements of such a diverse group of organizations across the MENA region in the 2026 edition of the Middle East & North Africa Stevie Awards,” said Stevie Awards President Maggie Miller. “We look forward to celebrating Stevie winners during our gala event on 11 September in Istanbul, Türkiye. The quality of nominations received this year was exceptional. The program has grown considerably every year, showing the vast amount of innovation in the MENA region.”

Distributed by APO Group on behalf of Middle East & North Africa Stevie Awards.

 

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Energy

African Mining Week (AMW) to Spotlight Opportunities in Egypt Amid National Exploration and Beneficiation Drive

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Energy Capital

African Mining Week 2026 will connect global mining stakeholders and investors with emerging prospects within Egypt’s expanding gold, phosphate and critical minerals space as the country seeks to enhance output and local mineral beneficiation

CAPE TOWN, South Africa, May 4, 2026/APO Group/ –As Egypt increases mining’s contribution to GDP from about 1% today to 6% by 2030, the country is revamping its policies and infrastructure to create attractive opportunities for global partners. In line with this strategy, the upcoming African Mining Week (AMW) conference and exhibition – The Most Influential Mining Conference in Africa, scheduled for October 14–16, 2026 in Cape Town – will highlight emerging investment and partnership opportunities across Egypt’s mining value chain.

 

A country spotlight at AMW 2026 will bring together Egyptian regulators, project developers and international investors for discussions on the future of the sector while facilitating deal signings, partnerships and new project development opportunities.

Speaking to the event organizers ahead of the event in February 2026, Yasser Ramadan, Chairman of the Egyptian Mineral Resources and Mining Industries Authority (MRMIA), said Egypt intends to showcase opportunities in legislative reform, investment incentives, government–investor collaboration and mineral beneficiation during the conference.

National Geomapping Anchors Egypt’s Exploration Expansion Strategy

AMW 2026 will showcase investment opportunities within Egypt’s upstream sector as the country focuses on improving its geological insights to unlock untapped mineral resources. In March 2026, the country approved the rollout of a national geomapping initiative in partnership with Xcalibur Smart Mapping, marking the country’s first comprehensive aerial geological survey in more than 40 years.

While Egypt already holds estimated gold reserves exceeding 9 million ounces, along with approximately 660 million tons of iron oxide resources and extensive phosphate deposits, the geomapping exercise is expected to unlock new mineral deposits and position the country as an emerging exploration hotspot in North Africa.

Efforts are underway to unlock Egypt’s new drilling hotspots, with exploration activity – particularly in gold and silver – already accelerating investment flows into Egypt’s upstream mining sector. Companies including Barrick Gold, Shalateen Mineral Resources Company and Lotus Gold Corporation are advancing gold exploration across the Arabian-Nubian Shield, supporting the country’s strategy to expand gold output and capitalize on strong demand and prices in 2026. The government’s approval of 53 exploration and exploitation licenses in late 2025 further highlights its commitment to unlocking new investment opportunities in the exploration segment.

Digital Mining Platform to Accelerate Investment

Another major initiative expected to be showcased at AMW 2026 and aimed at strengthening Egypt’s investment climate is the launch of a digital mining platform and cadastre system, expected in the first half of 2026. The platform will enable investors to access geological data, evaluate exploration prospects and submit permit applications through a streamlined digital process, reducing administrative bottlenecks and accelerating project development timelines.

Building a Downstream Minerals Processing Industry

Beyond exploration and extraction, Egypt is prioritizing the development of downstream mineral processing infrastructure to capture greater value from its resources. Several projects are already underway, including a financing agreement with the African Export-Import Bank to establish an integrated gold value chain that supports domestic gold processing. MRMIA and mining companies Phosphate Misr and WADICO, together with China’s Xingfa Group, are evaluating phosphate ore, quartz and silica sand resources while studying the development of an industrial processing project in the Golden Triangle mining region. These projects and many other emerging opportunities within the downstream sector will be unpacked at AMW 2026.

AMW to Catalyze the Next Phase of Growth

As Egypt positions itself as a regional mining hub through regulatory reform, geological surveys, digital licensing systems and international partnerships, AMW 2026 will play an important role in advancing this progress. The event will connect global investors with Egyptian regulators and project developers, helping unlock new investment flows and partnerships that can drive the next phase of growth for Egypt’s evolving mining sector.

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

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Business

Aurionpro expands its multi-country transaction banking engagement with Diamond Trust Bank (DTB)

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Aurionpro

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers

MUMBAI, India, April 30, 2026/APO Group/ –Aurionpro Solutions Limited (www.AurionPro.com) (BSE: 532668 | NSE: AURIONPRO)a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries.

Download Document: https://apo-opa.co/4edHUaC

This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience, streamline operations, and support growing transaction volumes as it expands its regional corporate banking footprint. DTB continues to focus on building a more agile, ‘digital-first’ banking experience, particularly around payments for its corporate customers across Africa, and is now well positioned to scale these capabilities. As part of its broader transformation agenda, the bank has been steadily investing in platforms that enhance scale, reliability, and service consistency across markets.

Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers. By enabling DTB to standardize and scale its transaction banking operations across countries, the platform ensures consistent service levels, stronger control, and improved efficiency. It also supports enhanced user experience, advanced security, and the flexibility to introduce new features as DTB expands its regional transaction banking footprint.

Murali Natarajan (https://apo-opa.co/48trPdk), Managing Director & CEO, DTB Kenya   commented: “We are delighted to strengthen and broaden our partnership with Aurionpro Solutions as part of DTB’s ongoing digital transformation journey across multiple markets. Our focus on innovation, operational excellence, and customer-centricity continues to guide our technology investments. This upgrade strengthens our transaction banking capabilities, enabling us to deliver greater value to our customers through robust digital channels and seamlessly integrated experiences.”

Ashish Rai, Group CEO, Aurionpro Solutions, commented: “We are pleased to deepen our multi-country engagement with Diamond Trust Bank and support the next phase of its transaction banking modernization. As DTB continues to scale across markets, platform resilience and consistency become paramount. Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility, deliver superior experiences to corporate customers, and create long-term value across geographies.”

He added, “Aurionpro’s iCashpro lays a strong digital foundation for transaction & wholesale banks across the globe to grow their corporate and SME client portfolio today, while creating a clear roadmap for next- generation capabilities in AI-driven insights, advanced automation and API-led connectivity for businesses in Kenya and across Africa.”

Distributed by APO Group on behalf of Aurionpro Solutions Ltd.

 

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