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Fourth Edition of the MSGBC Oil, Gas & Power to Take Place in December 2024 in Senegal

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MSGBC

Building on three successful editions, the fourth edition, taking place on 3-4 December in Senegal, will open further deal-signing opportunities for regional and foreign investors

DAKAR, Senegal, November 24, 2023/APO Group/ — 

The fourth edition of the MSGBC Oil, Gas & Power Conference & Exhibition will take place in Senegal on December 3-4, 2024. Organized by Energy Capital & Power (ECP) (https://EnergyCapitalPower.com), the event brings together movers and shakers from across the West African and global energy industry to foster partnerships, sign deals and advance project developments in line with energy security and just transition goals. The announcement comes as the the MSGBC Oil, Gas & Power 2023 Conference & Exhibition wraps up, creating opportunities for companies and partners to register their interest for next year’s event.

Hot on the heels of first oil and gas production expected at the Sangomar Oilfield Development and the Greater Tortue Ahmeyim (GTA) project in 2024, the 2024 conference will leverage these successful initiatives to drive new investment into regional energy opportunities. The region offers a wealth of prospects for E&P companies, technology and service providers, and investors from the African and global landscape, and with numerous developments anticipated in 2024, the conference will explore the vital role MSGBC energy has and will continue to play in driving energy security worldwide. 

“This year’s event featured the participation of Mohamed Ould Ghazouani, President of the Islamic Republic of Mauritania, alongside key Ministries and Africa’s energy leaders, highlighting not only Mauritania’s enabling landscape but the boundless opportunities throughout the entire MSGBC basin. With the participation of 16 countries, the 2023 edition of the conference set the stage for unparalleled collaboration and exploration in MSGBC’s oil, gas & power sector,” says Devi Paulsen-Abbott, ECP CEO.

Next year, a diverse slate of project developments is on track for construction and production, all of which will consolidate the region’s position as a global energy hub. On the hydrocarbon front and in addition to Sangomar and GTA, Mauritania is preparing to launch a 15-block licensing round; Guinea-Conakry and The Gambia will promote untapped oil and gas potential; while projects such as the Sandiara Gas-to-Power facility will begin construction.

At the same time, GTA’s Phase 2 is steaming ahead following the approval of the Development Concept in February 2023. Production is targeted for 2025. Stakeholders also eagerly anticipate the development of the Yakaar-Teranga gas project, with Kosmos Energy assuming operatorship from bp earlier this month.

The conference will explore the vital role MSGBC energy has and will continue to play in driving energy security worldwide

Meanwhile, the MSGBC’s renewable energy sector is poised for rapid growth in 2024. Countries including Mauritania and The Gambia are making strides towards securing investment for billion-dollar projects while regional counterparts accelerate the development of renewable energy systems. An exciting project to watch is the $34 billion green hydrogen project in Mauritania, developed by German project developer Conjuncta, UAE-based renewable company Masdar and Egyptian energy provider Infinity Power. A memorandum of understanding was signed earlier this year by the project partners.

The Gambia is also pursuing green hydrogen deployment with companies such as Swiss renewable firm NEK Umwelttechnik AG and H2 Gambia Limited, a subsidiary of the UK-based HydroGenesis Group, signing deals with the country this year. Guinea-Conakry is making strides in the development of the 300 MW Amaria and 294 MW hydro projects, while solar and wind investments continue to be made across the region.

At the same time, regional countries are forging ahead with regulatory reforms and cross-border infrastructure projects. Projects underway include the West Africa Regional Rail Integration initiative; the African Exchanges Linkage Project; Project Shegas between Senegal and The Gambia, and many more. Correspondingly, a drive to improve the region’s enabling environment has seen focus placed on the implementation of Special Economic Zones; visa harmonization; and the creation of sovereign funds for green projects enhancing ease of doing business. 

Energy is not the only promising industry in the MSGBC region. Using revenue from upcoming hydrocarbon and renewable energy projects, regional actors are committed to developing every segment of the MSGBC economy, with industries such as mining, tourism, manufacturing and many others benefiting from energy-generated revenue. As such, 2024 is set to be a transformative year for the region and the MSGBC conference serves as a catalyst for development.

“We invite delegates to embark on a transformative journey at the MSGBC Oil, Gas & Power Conference and Exhibition in 2024, where the spotlight will shine on impressive projects, developments and investment opportunities with the MSGBC bloc. Join us to unveil the boundless potential of the MSGBC basin, transcending borders to shape the future of energy collaboration,” Paulsen-Abbott notes.

Get ahead of the game and secure your place at the 2024 edition of the region’s biggest gathering of energy stakeholders. MSGBC Oil, Gas & Power 2024 unlocks new opportunities for regional cooperation, global partnerships and large-scale developments. Click here (https://apo-opa.co/46rDm96) for more information about registration, sponsorship and speaker opportunities.

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

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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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