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G20’s Impact on African Regional Energy Development: A Focus on China

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China

Chinese companies are deepening their energy ties with Africa, as the African Energy Chamber’s investor forum in Shanghai next month highlights key opportunities ahead of African Energy Week 2025 in Cape Town later this year

CAPE TOWN, South Africa, February 25, 2025/APO Group/ –China’s growing influence in Africa’s oil and gas sector, particularly in exploration and production (E&P), continues to reshape the region’s energy landscape. At the heart of this expansion is China’s strategic interest in securing energy resources to fuel its growing economy while advancing its Belt and Road Initiative. As the global energy transition accelerates, China’s engagement with Africa’s oil and gas sector has evolved, reflecting both a long-term investment strategy and a deeper commitment to regional energy security.

China National Offshore Oil Corporation (CNOOC) is actively developing key oil fields across Africa, including Nigeria’s ultra-deep Egina field and the recently operational Akpo West field. In Niger, China National Petroleum Corporation (CNPC) signed a $400 million crude supply deal in 2024 and is building a 1,980-km pipeline linking the Agadem Rift Basin to Benin’s Atlantic Oil Terminal. In South Sudan, Dar Petroleum Operating Co., which counts CNPC and Sinopec as major shareholders, resumed production this month after nearly a year-long hiatus. Sinopec is also expanding its footprint in Algeria through a March 2024 agreement with Sonatrach, which includes plans for the Hassi Berkane Nord exploration zone. Meanwhile, United Energy Group is set to double its Egyptian output after acquiring Apex International Energy’s Western Desert portfolio, adding over 22,000 barrels per day to its production across five concessions.

In the Republic of Congo, Chinese firm Wing Wah is leading the Banga Kayo gas monetization project, converting flared gas into LNG, butane and propane. CNOOC is advancing Uganda’s Lake Albert project, targeting first oil from the Kingfisher field in 2025. In Mozambique, CNPC is a partner in the $30 billion Rovuma LNG project, expected to reach FID in 2026, while CNOOC signed agreements in April 2024 for five exploration blocks in the Save and Angoche offshore areas. CNOOC is also making waves in Gabon, drilling the Tigre-1 probe in a high-potential deep-water oil prospect, marking the company’s first exploration in Gabon’s deep waters in over five years.

China’s expanding role in Africa’s energy sector is not only reshaping regional markets, but also creating vital opportunities for investment

China’s energy investments in Africa extend beyond exploration and production to include vital infrastructure development, including pipelines, power plants and refineries. In Angola, China National Chemical Engineering Co. secured the EPC contract for the $6 billion Lobito Refinery, while China Engineering and Machinery Corp. was recently awarded the contract to build a 350 MW gas power plant in Nigeria. In South Sudan, CNPC and the government are exploring plans to build a new pipeline passing through Djibouti and Ethiopia, aimed at enhancing export capabilities as production increases in Blocks 3 and 7. Additionally, CNOOC is a key partner in the $5 billion East African Crude Oil Pipeline, which will facilitate the first Ugandan oil exports, with financing from the China Export-Import Bank and several other Chinese banks. These infrastructure projects are part of China’s broader push to integrate African nations into global energy supply chains, enabling greater energy access while supporting regional economic growth.

Looking toward 2025 and beyond, China’s role in Africa’s energy sector is expected to evolve in response to emerging trends in the global energy market, including the drive toward cleaner energy sources and greater emphasis on sustainability. Through companies like China General Nuclear Power Group (CGN), JinkoSolar and China Energy Engineering Group, China is funding wind, solar, nuclear and hydropower projects across the continent, reinforcing its commitment to the African energy transition. This shift aligns with China’s broader climate goals, which include achieving carbon neutrality by 2060, and highlights the growing synergy between China’s energy investments and Africa’s renewable energy ambitions.

As part of this growing collaboration, the African Energy Chamber (AEC) will host the Invest in African Energies investor forum in Shanghai on March 13, 2025.The event will focus on strengthening China-Africa relations and creating new opportunities for Chinese producers, investors and equipment suppliers to expand their footprint across Africa. The Shanghai forum will set the stage for the African Energy Week (AEW): Invest in African Energies conference in Cape Town, where key stakeholders will continue to discuss how China’s increasing energy investments in Africa can drive future development, support the continent’s energy transition, and unlock new avenues for energy cooperation across both traditional and renewable sectors.

“China’s expanding role in Africa’s energy sector is not only reshaping regional markets, but also creating vital opportunities for investment, infrastructure development and long-term energy security. As we prepare for the Invest in African Energies investor forum in Shanghai and African Energy Week 2025 in Cape Town, we look forward to strengthening partnerships that drive sustainable growth across both traditional and renewable energy industries,” said Leoncio Amada Nze Nlang, CEMAC Executive President at the AEC.

To register, visit: https://apo-opa.co/41hZqCm

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. 

Distributed by APO Group on behalf of African Energy Chamber.

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Afreximbank Posts Robust Q1 2026 Results with 25% Growth in Net Income and Improved Profitability

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Afreximbank

The results demonstrate continued resilience, disciplined balance sheet management and strong deal execution despite a challenging global operating environment

The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate

CAIRO, Egypt, May 22, 2026/APO Group/ –African Export-Import Bank (“Afreximbank” or the “Bank”) (www.Afreximbank.com) and its subsidiaries (the “Group”) announced its results for the three months ended 31 March 2026. The results demonstrate continued resilience, disciplined balance sheet management and strong deal execution despite a challenging global operating environment.

 

The Group continued to expand its lending activities in Q1 2026, resulting in total credit exposure growing by 2% to reach a portfolio of US$42 billion, up from US$41 billion as of 31 December 2025. This performance reflects Afreximbank’s leading role as a Development Finance Institution (DFI) in financing trade and trade-enabling infrastructure, and its strategic contribution to economic resilience across Africa and the Caribbean.

Average loans and advances for Q1 2026 stood at US$32 billion, up 8% compared to the same period in the prior year, driving the recorded growth in interest income. The Group’s liquidity position remained strong, with cash and cash equivalents of US$5.6 billion, representing 14% of total assets, consistent with FY2025 and above the Bank’s strategic minimum.

Asset quality also remained strong, with the non-performing loan (NPL) ratio at 2.40%, broadly in line with 2.43% at FY2025 and below industry average.

Shareholders’ funds increased to US$8.6 billion at 31 March 2026, up from US$8.4 billion at FY2025, supported by internally generated capital of US$268.9 million and new equity investments received during the quarter, underscoring the Bank’s continued ability to mobilise capital from its shareholders in support of its growth and development mandate.

The Group delivered strong profitability during the quarter.  Notwithstanding declining benchmark rates, total interest income rose by 14% year-on-year to reach US$813.6 million, while net interest income increased by 24% to US$510.0 million, compared with US$411.2 million in the first quarter of 2025. The Group’s cost-to-income ratio remained contained at 19%, well within the Group’s strategic ceiling of 30%. As a result, Profit for the period increased to US$268.9 million, up from US$215.4 million in Q1 2025.

The Group continued to maintain a strong capital position, with a capital adequacy ratio of 23% as at 31 March 2026, in line with the Bank’s long-term capital management targets.

During the quarter, Afreximbank continued to demonstrate its counter-cyclical role in response to external shocks. In March 2026, the Bank launched a US$10 billion Gulf Crisis Response Programme to help member countries mitigate adverse spillover effects from the Gulf crisis. The facility is designed to support liquidity, stabilise trade and payments, and address supply-side disruptions, particularly in energy, tourism and aviation, fertilisers, food and other critical imports.

The Bank also continued to deploy targeted financing and advisory support to strengthen trade flows, industrial capacity and economic resilience across Africa and CARICOM. Regional integration received further momentum following South Africa’s ratification of the Bank’s Establishment Agreement in February 2026, bringing one of Africa’s largest and most diversified economies into the Bank’s membership and giving the Bank full continental coverage.

Highlights of the results for Afreximbank Group are shown below:

Financial Performance Metrics

Q1’2026

Q1’2025

Gross Income (US$ million)

874.1

784.9

Net Income (US$ million)

268.9

215.4

Return on average equity (ROAE)

13%

12%

Return on average assets (ROAA)

2.62%

2.38%

Cost-to-income ratio

19%

16%

 

Financial Position Metrics

Q1’2026

FY’2025

Total Assets (US$ billion)

41.7

42.3

Total Liabilities (US$ billion)

33.0

33.9

Shareholders’ Funds (US$ billion)

8.6

8.4

Non-performing loans ratio (NPL)

2.40%

2.43%

Cash/Total assets

14%

14%

Capital Adequacy ratio (Basel II)

23%

          23%

 

Mr. Denys Denya, Afreximbank’s Senior Executive Vice President, commented:

“Against a backdrop of continued global uncertainty, heightened geopolitical risks and tight financial conditions, the Group delivered a resilient first-quarter performance, underpinned by disciplined balance sheet management, sound asset quality and strong capital and liquidity buffers. The growth in net interest income and profitability demonstrates the strength of our operating model and the continued relevance of our mandate. Our swift launch of the US$10 billion Gulf Crisis Response Programme further underscores Afreximbank’s counter-cyclical role in supporting member countries during periods of disruption. We remain focused on stabilising trade flows, easing liquidity pressures and advancing the industrial and economic transformation of Africa and the Caribbean.”

Distributed by APO Group on behalf of Afreximbank.

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Via Licensing Alliance Expands Voice Codec Program with New Licensee, New Licensors, Publishes Comprehensive Pool Rate Structure

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Via Licensing Alliance

SAN FRANCISCO, CALIFORNIA, UNITED STATES – Media OutReach Newswire – 22 May 2026 – Via Licensing Alliance (Via) today announced continued momentum for its Voice Codec patent pool, including the addition of a new unnamed licensee and new licensors, NovaVoice Limited and Cordial IP, further growing the program’s patent stack and market penetration from its initial five, large global licensors.

The addition of the new licensee, unnamed at this time, reflects growing industry adoption of the collaborative licensing pathway Via’s Voice Codec program creates for accessing IP rights to critical voice technologies. This addition reflects a growing market uptake of advanced voice technologies, including EVS and IVAS, driven by rising demand as 5G and 5G-Advanced technologies are adopted worldwide.

Additionally, Via continues to prioritize transparency and has published its full rate structure for the Voice Codec pool, providing further clarity and predictability for implementers and to the broader market. For implementers, the full rate structure allows for complete visibility as they consider the appropriate royalty structure to choose from to meet their product level costs, evaluate future growth paths for their product lines, or plan their geographical expansion plan needs. This level of disclosure not only reduces uncertainty in licensing decisions but also enables more consistent benchmarking, reinforcing confidence in fair, market-aligned SEP licensing practices. The program’s royalty rates are listed on Via’s website at https://www.via-la.com/licensing-programs/voice-codec/#license-fees.

The addition of the new licensors indicates increased interest from patent holders in licensing their voice technology SEPs through highly efficient, aggregated licensing vehicles such as patent pools. Future growth in both the licensor list and the number of patents consolidated through the pool license will continue to enhance the value of the Voice Codec License for implementers. Via’s Voice Codec program licensors are listed here: https://www.via-la.com/licensing-programs/voice-codec/#licensors.

Via’s Voice Codec pool covers Enhanced Voice Services (EVS), which supports voice communications across more than one billion and growing active devices globally, as well as Immersive Voice and Audio Services (IVAS), which will play a central role in next-generation voice and spatial audio applications.

“We are pleased to welcome these new entrants to our pool, which signal continued growth and momentum our Voice Codec program,” said Kevin Mack, President of Via Licensing Alliance. “This pool license offers strong value relative to other market options and represents the only collaborative licensing solution for EVS and IVAS technologies, making it a smart and efficient pathway for companies seeking to license critical voice capabilities.”

EVS remains a foundational technology for high-quality voice communications in 5G and 5G-Advanced networks, with adoption continuing to expand as 5G, 5G-Advanced and future network iterations reach global scale. As spatial audio and advanced voice technologies expand into 6G and a broader range of non-cellular devices, the importance of IVAS technologies is expected to increase, with Via’s pool offering an early and effective licensing pathway.

For more information about the Voice Codec patent pool, including information for prospective licensees, please visit https://www.via-la.com.

About Via Licensing Alliance:
Via Licensing Alliance is the collaborative licensing leader, dedicated to accelerating global technology adoption, fostering participation, and generating return on innovation with balanced licensing solutions for innovators and manufacturers of all sizes around the globe. Via has operated dozens of licensing programs for a variety of technologies. Via is an independently managed company owned by industry-leading participants with over 25 years of intellectual property licensing leadership. For more information about Via, please visit https://www.via-la.com.

 

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Joint statement welcoming the Republic of Togo’s announcement on Visa facilitation for African nationals

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Togo

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda

LOMÉ, Togo, May 21, 2026/APO Group/ –The AfCFTA Secretariat and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) welcome the announcement by the Government of the Republic of Togo, under the leadership of H.E. Faure Essozimna Gnassingbé, President of the Council of the Republic of Togo, regarding measures to facilitate visa-free entry for all nationals of African States holding valid passports, as announced by the Minister of Security on 18 May 2026.

The announcement was made in Lomé on the sidelines of Biashara Afrika 2026, the continent’s premier trade and business platform, which has brought together policymakers, private sector leaders, investors, and stakeholders from across Africa to advance dialogue on intra-African trade, investment, and regional integration.

Throughout the engagements, participants underscored the importance of facilitating the movement of African citizens, entrepreneurs, and investors as an important enabler of intra-African trade and economic cooperation. Against this backdrop, the announcement reflects the growing continental momentum towards strengthening connectivity and deepening African integration.

The AfCFTA Secretariat and Afreximbank, to which Togo is a State Party and a Member State, envision a continent where goods, services, capital, and people move more freely across borders in support of an integrated African market. Measures that facilitate mobility and connectivity continue to contribute towards advancing the broader mandate of both institutions; the attainment of the aspirations of Agenda 2063.

The AfCFTA Secretariat and Afreximbank commend the Government and people of the Republic of Togo for hosting Biashara Afrika 2026 and for their continued commitment to advancing Africa’s economic integration agenda.

Distributed by APO Group on behalf of Afreximbank.

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