Connect with us
Anglostratits

Business

Former Namibian Mines and Energy Minister Tom Alweendo to Speak at African Energy Week (AEW) 2025 as Country’s Offshore Oil Boom Accelerates

Published

on

Tom Alweendo

Former Namibian Mines and Energy Minister Tom Alweendo will speak at AEW: Invest in African Energies 2025 amid record offshore discoveries, new licensing opportunities and accelerating upstream development in Namibia’s Orange Basin

CAPE TOWN, South Africa, August 15, 2025/APO Group/ –Tom Alweendo, Former Minister of Mines and Energy, Namibia will participate as a speaker at this year’s African Energy Week (AEW): Invest in African Energies 2025, taking place in Cape Town from September 29 to October 3. Alweendo – who led Namibia’s Ministry of Mines and Energy from 2018 until March 2025 – recently launched Alvenco Advisory, a strategic consultancy aimed at assisting investors in navigating Namibia’s political, fiscal, legal and environmental regimes.

The firm offers tailored advisory services covering policy and regulatory compliance, alignment with national development priorities, and stakeholder engagement at both community and government levels. By leveraging Alweendo’s extensive ministerial experience and network, Alvenco Advisory aims to facilitate responsible investment that unlocks value, drive industrial participation and supports Namibia’s long-term socioeconomic objectives.

AEW: Invest in African Energies 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 www.AECWeek.com for more information about this exciting event.

Namibia’s offshore oil and gas sector is experiencing unprecedented growth, marked by a series of world-class discoveries and heightened exploration activity. The most recent milestone came in April this year, when the Capricornus 1-X exploration well in offshore Block 2914A delivered a successful light oil discovery. Operated by Rhino Resources alongside partners Azule Energy, Namcor and Korres Investments, the well encountered 38m of high-quality net pay, flowed over 11,000 barrels of oil per day (bpd) during testing and confirmed the presence of a commercially viable light oil system.

Capricornus 1-X mirrors the characteristics of the nearby Venus and Graff discoveries, reinforcing the Orange Basin’s position as a globally significant petroleum province. The African Energy Chamber (AEC) – as the voice of the African energy sector – recently commended the PEL85 joint venture partners for delivering one of Namibia’s most significant oil discoveries to date, noting its potential to catalyze further investment, fast-track appraisal drilling and accelerate development initiatives.

Tom Alweendo’s leadership and deep understanding of Namibia’s energy landscape come at a pivotal moment for the country’s resource development

Drilling momentum is set to remain strong throughout 2025, with seven wells planned this year alone. These include Marula-1X by TotalEnergies and a second PEL85 well planned by Rhino Resources, as well as the Kharas prospect within BW Energy’s Kudu license. Additional prospects at Olympe and Saturn have also been identified, signaling continued confidence from major international operators.

Namibia’s Ministry of Mines and Energy has confirmed new licensing opportunities in 2025 under an open licensing regime, spanning deepwater, ultra-deepwater and shallow-water environments. The country’s Petroleum Commission has emphasized the government’s commitment to attracting fresh investment while ensuring discoveries are fast-tracked to first oil and deliver tangible benefits to the national economy.

Beyond exploration, development planning is advancing on two of Namibia’s largest finds. TotalEnergies’ Venus project in Block 2913B is targeting a 2026 final investment decision and ap planned 150,000-bpd FPSO facility. Galp is progressing appraisal of its Mopane discovery, supported by 3,500km2 of newly acquired high-density seismic data.

“Tom Alweendo’s leadership and deep understanding of Namibia’s energy landscape come at a pivotal moment for the country’s resource development. His insights will be invaluable in guiding discussions on how to translate world-class discoveries into sustainable economic growth and long-term benefits for all Namibians,” states NJ Ayuk, Executive Chairman, African Energy Chamber.

Namibia’s emergence as one of the world’s most promising oil frontiers – underpinned by a stable regulatory environment, competitive licensing terms and a strong governance framework – positions the country as a leading destination for global upstream investment.

Distributed by APO Group on behalf of African Energy Chamber.

Business

Canada–Africa Financing Forum to Convene Investors and Decision-Makers in Cape Town – May 14, 2026

Published

on

Ateau Zola

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships

TORONTO, Canada, April 29, 2026/APO Group/ –The Canada–Africa Chamber of Business (https://CanadaAfrica.ca) will convene investors, financiers, policymakers, and industry leaders in Cape Town on May 14, 2026 for the Canada–Africa Financing Forum—a high-level platform focused on unlocking capital and accelerating deal flow across African markets.

Registration is open (http://apo-opa.co/4vZN6oV)

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships. The program connects leaders from venture capital, private equity, and institutional investors to examine where capital is moving—and where the next opportunities lie—supported by Canadian project partners with proven capacity to deliver on-the-ground.

Delegates will engage directly with finance and investment decision-makers, following the program opening, featuring messages from President Cyril Ramaphosa and Prime Minister Mark Carney, in addition to high-level Ministerial representation.

This Forum is about capital deployment, not just conversation

“This Forum is about capital deployment, not just conversation,” said Garreth Bloor, President of the Canada–Africa Chamber of Business. “We are convening investors, institutions, and project leaders who are actively shaping transactions across Africa—and connecting them directly with Canadian partners who are ready to work together.”

The Canada–Africa Financing Forum reflects the Chamber’s role as a privately financed, market-led platform advancing Canada-Africa trade and investment through world-class networking and information-sharing events.

Why Attend

  • Direct access to active dealmakers and capital allocators
  • Insights into where capital is being deployed and key players delivering major projects
  • Opportunities to build partnerships across Canada and African markets
  • Participation in a curated, high-level environment focused on execution

Secure Your Place

Space is limited and demand is strong.

Apply to secure your place (http://apo-opa.co/4vXb9oz)

Read More and View the Program (http://apo-opa.co/4vZN6oV)

Distributed by APO Group on behalf of The Canada-Africa Chamber of Business.

Continue Reading

Business

ORUN and 1xBET Partner to Support a Dynamic Creative Africa

Published

on

MIR Holding

During the MASA 2026 edition, held from April 11 to 18, 2026, ORUN and 1xBET implemented the We Champion Talent program, an initiative aimed at promoting African talent and advancing the development of Cultural and Creative Industries (CCIs)

ABIDJAN, Ivory Coast, April 28, 2026/APO Group/ –As part of the Innovation Village co-organized with MASA at the Palais de la Culture in Abidjan from April 14 to 18, ORUN (https://ORUN.Africa) announces the rollout of its partnership with 1xBET to support a creative Africa that is structuring itself, professionalizing, and scaling across the continent.

We aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency

Designed as a space of convergence between heritage, innovation, and knowledge transmission, the Innovation Village features scenography crafted by Ivorian artisans, a program of panels and masterclasses on creative industries, an immersive experience produced by Orun Studios, and a major institutional highlight on April 17. Its narrative platform is built around three pillars: memory, structure, and transmission. The initiative aims to position cultural and creative industries as an economic driver for the continent.

“The Innovation Village was conceived as an act of construction. By partnering with organizations such as 1xBET, we aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency,” said Habyba Thiero, CEO of Africa Currency Network and President of ORUN.

This vision aligns with ORUN’s broader ambition to produce, structure, and internationalize African creative industries through events, content, and strategic partnerships.

Distributed by APO Group on behalf of ORUN, part of African Currency Network (ACN).

 

Continue Reading

Business

MIR Holding Reaffirms Its Commitment to African Creative Industries Alongside ORUN at Marché des Arts du Spectacle Africain d’Abidjan (MASA) 2026

Published

on

MIR Holding

More than event support, this partnership reflects a commitment to backing platforms capable of structuring value chains, increasing the visibility of talent, and fostering the emergence of strong African creative infrastructures

ABIDJAN, Ivory Coast, April 28, 2026/APO Group/ –On the occasion of MASA 2026, held from April 11 to 18 in Abidjan, MIR Holding (https://MIRHolding.odoo.com) reaffirmed its commitment to supporting the growth of African creative industries by partnering with ORUN as part of the Innovation Village, hosted at the Palais de la Culture in Abidjan. This presence reflects a clear intention to support the scaling of cultural and creative industries so they can fully contribute to job creation and value generation across the continent.

 

Co-organized by ORUN and MASA, the Innovation Village brought together over several days scenography designed by Ivorian artisans, a program of panels and masterclasses dedicated to creative industries, an immersive experience produced by Orun Studios, and a key institutional highlight on April 17.

At MIR Holding, we believe that Africa’s future will also be shaped by its ability to structure its narratives, its talent, and its creative value chains

Built around three pillars — memory, structure, and transmission — the initiative carried a renewed ambition for culture: positioning it as a concrete lever for economic structuring and African projection.

By supporting this initiative, MIR Holding aligns with a broader dynamic aimed at strengthening connections between creation, entrepreneurship, content, youth, and growth ecosystems. More than event support, this partnership reflects a commitment to backing platforms capable of structuring value chains, increasing the visibility of talent, and fostering the emergence of strong African creative infrastructures. MIR Holding stands among the main partners of the Village, alongside Africa Currency Network and other stakeholders engaged in this vision.

“With ORUN, we are not only seeking to make culture visible. We aim to help provide it with a framework, a reach, and a trajectory. What is at stake here is the continent’s ability to better transform its creative energy into sustainable value, real opportunities, and influence,” said Habyba Thiero, CEO of Africa Currency Network and President of ORUN.

Mouhamed Dieng, President of MIR Holding, added: “Supporting Africa’s creative industries is not about backing a secondary sector. It is about investing in one of the continent’s most powerful spaces for storytelling, youth, innovation, and competitiveness. At MIR Holding, we believe that Africa’s future will also be shaped by its ability to structure its narratives, its talent, and its creative value chains.”

Distributed by APO Group on behalf of MIR Holding.

 

Continue Reading

Trending