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Gabon Ministerial Delegation to Showcase Investment Opportunities at Invest in African Energy Dubai Event

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African Energy

A delegation from Gabon, led by H.E Oswald Severin Mayounou, Minister of Energy and Hydraulic Resources, will showcase investment and partnership opportunities within the central African country’s energy sector at the Invest in African Energy Dubai event

JOHANNESBURG, South Africa, March 24, 2023/APO Group/ — 

Rich with oil, gas and abundant renewable energy resources, Gabon has embarked on an ambitious energy development agenda with the aim of increasing capacity and scaling up energy security both domestically and across the regional landscape. Poised to become an energy exporter from 2030 and offering significant opportunities for investors, the country is inviting financiers and project developers to join the growing sector.

In this scenario, the African Energy Chamber (AEC) – the voice of the African energy sector – is proud to announce that H.E Oswald Severin Mayounou, Minister of Energy and Hydraulic Resources, the Republic of Gabon will attend and participate at the Invest in African Energy Dubai event, scheduled for March 30 at the Ritz-Carlton, Dubai International Financial Centre.

Aimed at driving investment across Africa’s entire energy value chain, the Invest in African Energy Dubai event will unite African energy policymakers and stakeholders with United Arab Emirates (UAE) and global investors. Through high-level panel discussions, exclusive networking and deal-signings, the Invest in African Energy Dubai event will showcase investment and partnership opportunities within Africa’s burgeoning oil, gas and renewable energy industry including in rapidly growing markets such as Gabon.  

For the country, the reception offers the chance for multilateral connections to be made and new players to enter the market, specifically, the country’s promising power market. Currently, the country’s power industry is dominated by bioenergy, with the resource accounting for approximately 94% of supply and consumption. In 2020, 984 GWh of hydropower was generated as well as 2 GWh of solar, and with most of the country’s renewables untapped, there lie significant opportunities for investors across this space.

Gabon has set a target to achieve universal energy access by 2035 and we believe the country’s vast yet untapped oil and gas resources have a huge role to play

With almost two-thirds of Gabon’s population having access to electricity, the government is seeking to strengthen its energy mix with renewables including solar, wind and hydropower. The Invest in African Energy Dubai event therefore represents the best platform for H.E Oswald Severin Mayounou and his delegation to meet with UAE renewables investors and developers to discuss and optimize the central African country’s renewables market.

Meanwhile, Gabon, as Africa’s sixth largest holder of oil deposits – estimated at 3.68 billion barrels – and the 8th largest producer with a production capacity averaging 189,000 barrels of oil per day, has vast opportunities for UAE explorers, producers and investors. However, Gabon’s oil production is gradually declining due to natural declines in legacy fields and a lack of adequate investment in upstream activities. With the country renewing its exploration agenda – with firms such as BW Energy, Assala Upstream Gabon, Assala Gabon SA, Perenco and Sinopec unveiling multi-drilling campaigns to expand reserve portfolio and ramp up production – the Invest in African Energy Dubai event represents the best platform for Gabon, along with various other countries, to meet with UAE oil companies and investors and discuss and sign energy investment, exploration and production deals.

On the gas front, Gabon has also emerged as a leader with the government prioritizing maximizing the development, exploitation and monetization of the country’s 1 trillion cubic feet of natural gas reserves to achieve a just and equitable energy transition prioritizing energy security, socioeconomic developments and environmental sustainability at the same time.

While independent energy company Perenco has kickstarted its $1 billion 700,000 ton Liquefied Natural Gas Development and the government has unveiled a series of exploration campaigns and energy cooperation ties including Equatorial Guinea’s Gas Mega Hub, Gabon’s natural gas potential remains untapped and packed with opportunities for UAE and global companies and investors. In this regard, the Invest in African Energy Dubai event represents the ideal platform for H.E Oswald Severin Mayounou to highlight, discuss and exploit these opportunities to help Gabon achieve energy security and economic stability on the back of gas exploitation, while shaping regional and global energy market growth.

“The Chamber is honored to host H.E Oswald Severin Mayounou together with a Gabonese delegation at the Invest in African Energy Dubai reception where we aim to sign deals which will sustainably revitalize and boost both the country’s energy sector and economic growth. Gabon has set a target to achieve universal energy access by 2035 and we believe the country’s vast yet untapped oil and gas resources have a huge role to play,” states NJ Ayuk, the Executive Chairman of the AEC.

Taking place on 30 March 2023, the Invest in African Energy Dubai Event (https://apo-opa.info/3FPpI56) is open to all guests. RSVP is essential. RSVP to registration@aecweek.com.

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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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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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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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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