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Fostering a Sustainable Coal Value Chain: World Coal Association Joins African Energy Week (AEW) 2023 as Partner

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World Coal Association

As a partner, the World Coal Association will shape conversations around the role Africa’s coal resources play in driving long-term energy security and baseload power

JOHANNESBURG, South Africa, September 11, 2023/APO Group/ — 

Africa’s extensive coal reserves, estimated at 16.4 billion short tons, have long-played a central part in providing baseload power to the continent’s grid while serving as feedstock for international coal plants. With energy security becoming a rising concern worldwide, African nations rich in coal are actively pursuing best practices to optimize resource extraction and utilization, with the aim of expediting sustainable development and meeting global demand. Organizations such as the World Coal Association are instrumental under this agenda, and will play an important part in driving sustainable coal development in the long-term.

The African Energy Chamber (AEC) – the voice of the African energy sector – is proud to announce the World Coal Association has joined the African Energy Week (AEW) 2023 conference – Africa’s premier event for the energy sector, scheduled for 16–20 October in Cape Town – as a partner. The organization is dedicated to promoting the adoption of clean coal technologies to foster sustainable economic development, and during the event, will shape discussions around the role coal will play in alleviating energy poverty in Africa.

Amidst ongoing global debate around the future of coal, the World Coal Association is at the forefront of shaping discussions and initiatives aimed at revitalizing the global coal value chain through innovative approaches. By promoting investment in coal mining and clean coal technologies, the organization plays an instrumental part in ensuring the sustainable development of economies worldwide. These efforts are designed to align with global energy security and environmental objectives.

We commend the World Coal Association for its unwavering dedication to fostering worldwide dialogue on the critical significance of coal in propelling sustainable development

While many stakeholders are calling for an end to coal-use and the transition to cleaner sources of fuel, coal continues to play an important part in providing energy to Africa. Currently, 600 million people are without electricity across the continent and the continent’s coal reserves represent a pivotal catalyst for enhancing electrification and development. Coal-producing nations in Africa, such as South Africa, Mozambique, Zimbabwe, Nigeria, Tanzania and Swaziland, continue to grapple with significant electricity shortages, owing largely to lack of investment. This unfortunate trend underscores the need to increase capital expenditure across the industry, both for domestic consumption and exports.

Recognizing the integral role of coal in sustainable development, African nations are proactively advancing their coal industries to reap the associated benefits. For instance, South Africa is currently engaged in a comprehensive effort to modernize its coal-fired power plants, thereby enhancing energy security. Similarly, Botswana has unveiled plans to construct a $2.5 billion coal-to-liquids facility, aimed at reducing reliance on imported petroleum products. Senegal has also joined this endeavor by reactivating its 125 MW Sendou power plant. Additionally, Zimbabwe has expanded its coal exports, contributing to revenue growth and meeting the escalating global demand through the shipment of 20,000 tons of washed coal per month from the Lubu project to the global market.

Notwithstanding energy security benefits, the effective monetization of these resources will help foster job creation, capacity building and technology transfer across the entire value chain, spanning mining, storage, transportation and more. The industry offers a substantial avenue for Africa to expand its export revenues, which can be strategically reinvested to fortify various sectors of the economy, including vital infrastructure development. As such, organizations such as the World Coal Association are poised to help stimulate the development of the industry by driving discussions around the benefits coal offer for Africa.

“Coal has historically been the backbone of the global economy. We commend the World Coal Association for its unwavering dedication to fostering worldwide dialogue on the critical significance of coal in propelling sustainable development and facilitating the transition towards a low-emissions future,” stated NJ Ayuk, the Executive Chairman of the AEC.

AEW 2023 will host distinguished representatives from the World Coal Association during exclusive networking sessions, where cutting-edge innovative and clean coal technologies and projects will be showcased. These initiatives are actively contributing to Africa’s energy renaissance as well as efforts to alleviate energy poverty, enhance consumer access to dependable and cost-effective energy, and drive towards industrialization across the continent.

Distributed by APO Group on behalf of African Energy Chamber.

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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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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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