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

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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.

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Congo Is Turning Reserves into Bankable Projects – and the Investment Window Is Opening

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Etu Energias

Eni-led LNG expansion and ongoing deepwater investment are pushing the Republic of Congo’s energy sector toward more bankable projects ahead of the Congo Energy & Investment Forum 2027

BRAZZAVILLE, Congo (Republic of the), June 23, 2026/APO Group/ –With LNG exports set to triple to 3 mtpa, upstream oil production targeting 500,000 bpd and a renewed push on local content, the Republic of Congo is positioning itself as one of Central Africa’s most investable hydrocarbon markets. Under the leadership of the newly-appointed Minister of Hydrocarbons, Stev Simplice Onanga, the country is prioritizing industry growth by balancing local content with reserve replacement and project advancement.

 

What sets Congo apart is not the scale of its reserves, but the pace at which those reserves are being turned into commercially viable projects. From Eni’s LNG expansion and TotalEnergies’ deepwater developments to brownfield optimization by Trident Energy and output growth at Ammat Global Resources, capital is flowing into projects with clearer monetization pathways and nearer-term returns.

Ahead of the Congo Energy & Investment Forum (CEIF) 2027 – the country’s leading platform for energy investment and partnerships – the story is shifting away from frontier potential toward bankable projects already under development.

Policy Reform Is De-Risking Investment

Congo’s investment case is being reshaped by the alignment of resource base, regulatory reform and project delivery. Established oil production, expanding LNG capacity and fiscal adjustments are gradually reducing above-ground risk.

Recent reforms led by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo have added structure to the sector. The Gas Code, introduced in October 2025, formalizes fiscal terms for gas commercialization, while the Gas Master Plan prioritizes flaring reduction and gas-to-power deployment, targeting 1,500 MW by 2030.

A new upstream licensing round is also under consideration, aimed at attracting fresh capital into both mature and frontier acreage. Together, these measures are improving visibility across upstream, midstream and downstream segments, with recent project activity reinforcing the shift.

The Projects Driving the Next Cycle

Deepwater oil remains central to Congo’s production outlook, with operators progressing both new developments and brownfield optimization. TotalEnergies is advancing work at the Moho licence following the April 2026 Moho G discovery, backed by a $500–$600 million infill drilling program targeting about 40,000 bpd in incremental output.

Local independent Ammat Global Resources is targeting 70% production growth from its Loango and Zatchi fields, where reactivated wells and upgraded platforms have already lifted output by 75%. Perenco continues steady gains, adding roughly 6,000 bpd through its 2025–2026 drilling program.

Trident Energy, after acquiring an 85% working interest in the Nkossa and Nsoko II assets in 2025, is focused on extending field life through subsea optimization and redevelopment work.

While oil continues to anchor revenues, gas is rapidly emerging as Congo’s fastest-growing segment. Eni’s Congo LNG project delivered its first cargo from Phase 2 in February 2026, following the startup of the Nguya FLNG unit in December 2025. Together with Tango FLNG, capacity has risen from 0.6 mtpa to 3 mtpa. Trident Energy has also proposed an FLNG project aimed at adding further capacity across the country’s gas market. The project is expected to operate as shared infrastructure, allowing multiple operators to process gas from their respective fields. This creates an outlet for associated gas that might otherwise be stranded, supporting the country’s broader diversification goals.

Local Content Is Reshaping Investment Terms

Beyond upstream policy, Minister Onanga has positioned local content as a central pillar of Congo’s investment framework, and a key determinant of how capital is structured and deployed.

Decrees 2019-342, 343, 344 and 345 set requirements around subcontracting, workforce localization and training commitments, with the effect being a gradual shift in how projects are structured and how partnerships are formed. Operators are increasingly assessed not only on technical delivery but on in-country value creation, including partnerships with local firms and skills development. Logistics, maintenance and other service areas are increasingly channeled through domestic providers.

At CEIF 2027 – taking place June 1–3 in Brazzaville – attention will shift to what is moving forward and to the investors positioned to take part in that pipeline. Congo’s energy sector is no longer defined by potential alone: projects are moving, capital is being committed and policy is starting to catch up with activity on the ground.

As the Republic of Congo moves from reserves to revenue, the signal to investors is clear: this is already unfolding, not a future opportunity.

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

 

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Afreximbank secures double honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards for excellence in strategic communications

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The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event

CAIRO, Egypt, June 23, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been recognised with two prestigious honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards, one of the world’s most prestigious awards programmes for strategic communications.

 

The Bank received an Award of Excellence in Special and Experiential Events category for the Intra-African Trade Fair 2025 (IATF2025) held in Algiers, Algeria and an Award of Merit in the Social Media category for its Afreximbank Social Media Campaigns, reaffirming Afreximbank’s commitment to delivering impactful communications that advance its mandate of promoting trade, investment and industrialisation across Africa and the Caribbean.

We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communication

The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event. IATF2025 brought together governments, businesses, investors, buyers, sellers and entrepreneurs from across Africa and beyond, creating a platform for trade and investment opportunities while advancing the objectives of the African Continental Free Trade Area (AfCFTA). The communications campaign played a pivotal role in driving global awareness, stakeholder participation, media visibility and engagement before, during and after the event, while showcasing the scale, ambition and dynamism of African enterprise and reinforcing a positive narrative about Africa’s capacity to trade, industrialise and compete on the global stage. Over 120,000 delegates attended IATF2025 in person and virtually, with deals worth over US$50 billion recorded.

The Award of Merit for Afreximbank Social Media Campaigns recognises the Bank’s strategic use of digital platforms to engage stakeholders, amplify its developmental impact and elevate conversations around trade, industrialisation, economic integration and investment opportunities across Africa and the Caribbean. Through a combination of compelling storytelling, thought leadership content, executive advocacy, multimedia production and real-time event coverage, Afreximbank’s social media platforms have continued to expand their reach and influence among policymakers, businesses, investors, development partners and the wider public. Among these platforms is the Afreximbank TV, a digital TV channel that is wholly owned and managed by Afreximbank, whose fifth edition was celebrated with dedicated coverage of IATF2025, providing live coverage of the activities to both pan African and global audiences.

Anne Ezeh, Director & Global Head, Communications and Events at Afreximbank commented: “We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communications. As a pan African multilateral financial institution, we see storytelling as a powerful tool for advancing our mission — ensuring our initiatives, events, programmes and key announcements not only inform, but also inspire confidence, deepen engagement and amplify Africa’s transformation. These awards reinforce our resolve to continue delivering world-class communications that elevate African voices and projects a bold and authoritative narrative of the continent.”

Ms. Ezeh added that through innovative storytelling, digital engagement and integrated campaigns, the Bank will continue to amplify the impact of its programmes and partnerships  to project a more authentic narrative of Africa, one defined by opportunity, innovation, resilience and growing influence in the global economy.

For more than five decades, the IABC Gold Quill Awards have recognised excellence in strategic communications globally, celebrating programmes and campaigns that demonstrate measurable impact, innovation, creativity and outstanding execution. Widely regarded as the pinnacle of achievement in the communications profession, the awards are judged through a rigorous and independent evaluation process conducted by experienced communication leaders from around the world.

Distributed by APO Group on behalf of Afreximbank.

 

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Islamic Development Bank (IsDB) Institute Unveils 2025 Annual Report During Group Annual Meetings in Baku

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In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) has released its 2025 Annual Report during the 2026 IsDB Group Annual Meetings held in Baku, Azerbaijan, showcasing a year of expanded impact in Islamic finance transformation, innovative solutions, and capacity development.

 

The report highlights how IsDBI strengthened its role as a global knowledge leader by advancing innovative solutions and scaling support to Member Countries through knowledge-based interventions, Islamic finance grants, and strategic partnerships.

In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million, supporting countries in strengthening regulatory frameworks and promoting inclusive financial systems.

Since 2013, the Institute’s interventions in this regard have reached over US$27.57 million across 181 projects benefiting more than 34 countries, underlining its sustained contribution to development outcomes across the Islamic world.

I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem

The Annual Report highlights major progress in IsDBI’s three flagship transformative projects, namely Awqāf Free Zones, Digital Postal Islamic Financial Services, and Smart Countertrade System, which have all advanced to pilot-ready stages. These initiatives aim to address global challenges such as financial inclusion, food and energy security, and trade resilience.

Furthermore, the Institute accelerated its focus on digital innovation in Islamic finance, enhancing its Islamic Finance Artificial Intelligence Assistant (IFAA) and hosting its first AI Hackathon on Islamic Finance, engaging more than 40 teams in developing cutting-edge solutions aligned with industry standards.

Human capital development in Islamic finance also remained a cornerstone of IsDBI’s work in 2025, with the delivery of over 20 training programs reaching around 500 professionals across Member Countries. A key achievement in this area was the Entrepreneurial Mindset Development Program, a flagship initiative equipping emerging leaders from 20 countries with innovation-driven and values-based entrepreneurship skills. The program was designed and implemented in collaboration with Prince Mohammed Bin Salman College of Business and Entrepreneurship, Saudi Arabia.

The Institute also strengthened its thought leadership through flagship publications, global partnerships, and digital engagement, reinforcing its position as a leading voice in Islamic economics and finance.

Commenting on the issuance of the Annual Report, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said: “I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem by bridging knowledge creation, building human capital, and designing innovative solutions to address economic challenges.”

The 2025 Annual Report is accessible on IsDBI website here (https://isdbinstitute.org/product/isdbi-annual-report-2025/).

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

 

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