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Finance, Logistics, Technology Experts Join African Energy Week (AEW) 2024 as Commercial Energy Opportunities Unfold

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AEW

As countries accelerate the pace of project development in Africa, the demand for legal, financial and logistics services continues to grow

CAPE TOWN, South Africa, August 21, 2024/APO Group/ — 

With Africa’s energy demand on track to grow more than three-fold by 2040, investments are being directed towards large-scale, near-field development opportunities. The continent’s natural gas sector alone anticipates a more than $800-billion, 20-year upstream capital expenditure program while frontier discoveries and incremental production efforts are expected to bolster output in both emerging and mature oil markets.

As projects continue to be driven forward, the demand for supportive services such as legal, financial, logistics, technological and market intelligence is at an all-time high. Companies from across these industries have joined the African Energy Week (AEW): Invest in African Energy conference – scheduled for November 4-8 in Cape Town – to discuss the impact of foreign investment in Africa and how associated industries can support the pace and success of project rollout.

For more information about AEW: Invest in African Energy’s 2024 speaker lineup, visit https://apo-opa.co/4dyxAGQ.

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 aecweek.com for more information about this exciting event.

While African oil and gas resources have been historically exported as raw materials, efforts to reduce the reliance on imported petroleum by scaling-up regional refining and distribution have created significant opportunities for service providers and logistics firms. At the same time, to reduce emissions across oil and gas projects while concurrently advancing operational efficiency, project developers are seeking newfound technological expertise, highlighting a vital opportunity for tech companies. Logistics, technology and service providers will provide further insight into these opportunities at AEW: Invest in African Energy 2024. Speakers include:  

  • Cesare Canevese, CEO, Dietsmann Maintaining Energy
  • Johann Jansen van Rensburg, Senior Director, NOV
  • Kristian Johansen, CEO, TGS ASA
  • Landry Pouna, Operations Director, KAESO Energy Services
  • Mahesh Swaminathan, Senior Vice President – Global Business Vertical Head, Member of EXCOM, McDermott International
  • Naphtally Mafa, Managing Director, African Resources Development
  • Winstone Jordaan, Managing Director, GridCars

The global energy market is both complex and in a constant state of fluctuation owing to shifting geopolitics, supply-demand dynamics and the emergence of new players in international supply chains. For African investors and projects, this complexity offers newfound challenges and opportunities and global market intelligence firms stand ready to support decision-making. During AEW: Invest in African Energy, representatives from S&P Global Commodity Insight, Wood Mackenzie, Rystad Energy and more will provide insight into market trends and forecasts. Speakers include:

  • Ashutosh Singh, Head of Energy Transition, S&P Global Commodity Insight
  • Atul Atya, Senior Vice President and Chief Energy Strategist, S&P Global Commodity Insight
  • Carlos Torres Diaz, Senior Vice President, Rystad Energy
  • Daniel Evans, Vice President, Global Head, Fuels and Refining, S&P Global Commodity Insight
  • Etienne Kolly, Associate Director, Upstream Intelligence, S&P Global Commodity Insight
  • Gavin Thompson, Vice Chairman, Europe, Middle East & Africa, Wood Mackenzie
  • Ian Thom, Direction, Upstream Research, Wood Mackenzie
  • Justin Cochrane, Head of African Upstream Research, S&P Global Commodity Insights
  • Mansur Mohammed, Head of West Africa Upstream Research, Wood Mackenzie
  • Mike Wynne, Vice President, Upstream Solutions, S&P Global Commodity Insight
  • Nivedh Das Thaikoottathil, Renewables & Power Analyst, Rystad Energy
  • Pranav Joshi, Vice President and Analyst, Rystad Energy
  • Rehan Burger, Associate Director, S&P Global Commodity Insights

Meanwhile, to support project development, a number of legal, finance and advisory organizations are strengthening their presence in Africa, engaging with project developers and governments alike to advance energy access. From providing legal support in contracts and deals to facilitating dialogue among stakeholders to mobilizing capital for SMEs, projects and communities, these organizations play a central part in alleviating energy poverty in Africa. At AEW: Invest in African Energy, speakers from these industries will include:

  • Chanine Williams, Senior Investment Manager, Norfund
  • Gabriel Onagoruwa, Partner, Olaniwun Ajayi
  • Ibitola Ukabam, Associate Vice President, Natural Resources, Africa Finance Corporation
  • Leoncio Amada NZE, Executive President, African Energy Chamber: CEMAC Region
  • Mpho Makwana, Chairman, Epitome Investments
  • Nadège Hopman, Deputy Head of Regional Representation, European Investment Bank
  • Olumide Ogunfowora, Founding Partner, Argentil Capital Management
  • Osam Lyahen, Director, Africa Finance Corporation
  • Peter George, Partner and Investment Director, Spark+ Africa Fund
  • Sergio Pugliese, Executive President, Angola, the African Energy Chamber
  • Tominiyi Owolabi, Managing Partner, Olaniwun Ajayi
  • Wole Lawuyi, Chief Investment Officer, African Development Bank Group

There is still time to register your participation at the biggest energy event in Africa. Visit www.AECWeek.com or contact register@aecweek.com to secure your place at this highly-anticipated event.

Distributed by APO Group on behalf of African Energy Chamber.

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

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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Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

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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ITFC

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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