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Former Ethiopia Prime Minister H.E. Hailemariam Desalegn Boshe to Chair TradeMark Africa’s Board

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TradeMark Africa

H.E. Desalegn’s expertise and experience will be central to guiding TMA through its new seven-year strategy

NAIROBI, Kenya, September 6, 2024/APO Group/ — 

TradeMark Africa (TMA) (www.TradeMarkAfrica.com) announces the appointment of H.E. Hailemariam Desalegn Boshe, former Prime Minister of Ethiopia, as its new Board Chair. H.E. Desalegn is succeeding Ambassador Erastus Mwencha, who has concluded his eight-year term, and joins TMA at a time when the organisation has set its sights on ambitious goals including boosting African exports, supporting implementation of the African Continental Free Trade Area (AfCFTA), and expanding its operational reach from Eastern to West and Southern Africa, working closely with Regional Economic Communities, national institutions, the private sector and international partners.

As a senior political leader with experience on both national and continental stages, H.E. Desalegn’s expertise and experience will be central to guiding TMA through its new seven-year strategy. The 2023-2030 strategy focuses on continuing to reduce the time and cost of transporting goods across borders and improving market access for SMEs by improving the value and quality of traded goods, while addressing the trade-related challenges of the future for the continent. This includes positioning Africa as a global pioneer in green trade, leveraging commercial capital for greater multiples of investment in trade infrastructure, and ensuring that trade benefits accrue to the poorest, in particular women and youth.

H.E Desalegn’s tenure as Prime Minister of Ethiopia from 2012 to 2018 was marked by a visionary approach to economic and diplomatic engagements, under which Ethiopia saw sustained double-digit economic growth.  His experience in fostering trade agreements and promoting economic integration during his tenure as Chair of Africa Union from 2013 to 2014, is particularly relevant as TMA intensifies its efforts to support African governments in defining and negotiating their trade policy.

H.E. Desalegn’s extensive experience and understanding of both the challenges and opportunities in intra-African trade make him an invaluable leader for TMA’s next phase

Reflecting on his new role, H.E Desalegn remarked, “It is a privilege to join an organisation that is at the forefront of transforming trade across Africa. I am thrilled at the opportunity to steer TMA towards impactful milestones and contribute to Africa’s trade success story. Following in the footsteps of Amb. Mwencha, I inherit a dynamic organisation with a solid foundation, and I am eager to build on this legacy to realise our continent’s vast trade potential.”

TMA Chief Executive Officer Mr David Beer noted, “H.E. Desalegn’s extensive experience and understanding of both the challenges and opportunities in intra-African trade make him an invaluable leader for TMA’s next phase. His appointment is testament to our commitment to driving sustainable and inclusive economic growth across the continent.”

TMA Council Chair Mr Leo Svahnback said “We are excited to welcome H.E. Desalegn as our new Board Chair. His leadership comes at a crucial time as we expand our reach through the new regional hubs’ strategy. H.E. Desalegn’s experience will be invaluable as we build on the strong foundation our previous chairs have established, ensuring our programs create even more opportunities across Africa.”

H.E Desalegn will lead a Board comprised of global leaders who are dedicated to driving sustainable and inclusive prosperity in Africa. His first major engagement will be spearheading the upcoming Trade Development Forum (TMA-TDF) in Kigali Rwanda, scheduled for December 2-3, 2024. Hosted jointly by TMA and the Government of Rwanda, this forum will be a focal point for TMA’s agenda of Digital Trade in Africa under his leadership.

H.E Desalegn holds a master’s degree in water and environmental engineering from Tampere University of Technology in Finland and a second Master’s in Organisational Leadership from Azusa Pacific University in California, USA.  He previously held the positions of Deputy Prime Minister and Minister of Foreign Affairs; Minister of Social Affairs and Government Chief-Whip Minister. He also served as Governor of the Southern Regional State of Ethiopia for six years. He serves on several Boards of international organisations.

Distributed by APO Group on behalf of TradeMark Africa (TMA).

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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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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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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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