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GEPetrol Strengthens Oil & Gas (O&G) Asset Portfolio, Joins African Energy Week (AEW) 2024 as Bronze Sponsor

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GEPetrol

GEPetrol will participatea at AEW: Invest in African Energy 2024 as a bronze sponsor as the National Oil Company (NOC) continues to bolster production in Equatorial Guinea while supporting resource monetization and economic growth

CAPE TOWN, South Africa, July 29, 2024/APO Group/ — 

Poised to spearhead a new era of industry growth for Equatorial Guinea, the country’s national oil company (NOC) GEPetrol recently outlined a multi-phase development plan for the Zafiro field, located in the offshore Block B. As a result of the new plan, the company will work towards increasing the flow of production at the field, leveraging its newfound position as operator of the block to bolster production and support economic growth.

As a dedicated NOC committed to utilizing West Africa’s hydrocarbon resources to supply much-needed energy to the population of Equatorial Guinea, GEPetrol will participate as a bronze sponsor during this year’s African Energy Week (AEW): Invest in African Energy 2024 event – taking place in Cape Town from November 4-8. The event brings together global financiers, NOCs, international oil companies and African governments, setting the stage for deals to be signed and developments to kick off.

Equatorial Guinea is well on its way to becoming a major player in the oil and gas game on the continent and worldwide

AEW: Invest in African Energy 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.

GEPetrol’s multi-phase development plan for the Zafiro field is due to begin implementation at the beginning of 2025, with the first phase involving reconnecting selected wells that were previously connected to the Zafiro Producer floating production unit. Meanwhile, implemented in parallel to the first phase, the second phase will involve cost optimization work as well as the optimization of well exploitation and production. The third phase will be implemented later in 2025 and will feature the redevelopment of the Zafiro field, with the plan for this phase currently under discussion.

GEPetrol assumed operatorship of Block B from energy supermajor ExxonMobil earlier this year following the expiration of a production sharing contract (PSC) that existed between the company and the Equatoguinean government. In April this year, GEPetrol awarded international service provider Petrofac a $350 million technical services contract, which will see the company deliver services across onshore support bases; a floating, production, storage and offloading vessel; and a platform on behalf of the NOC for five years. The contract aligns with GEPetrol’s commitment to revitalizing the Zafiro field and will support operations as the NOC aims to boost production in the country.

In addition to its multi-phase development plan, GEPetrol also recently signed PSCs with energy supermajor Chevron and the government of Equatorial Guinea outlining development plans for Blocks EG-06 and EG-11. The PSCs include provisions on minimum investments, exploration programs, sustainable development and state benefits. The contracts also signify GEPetrol and Chevron’s intent to launch a new exploration and production campaign in these blocks, which were previously held by ExxonMobil. The blocks, which are situated in proximity to the Zafiro field, are considered highly prospective and are poised to play a crucial role in reversing a decline in oil production while bolstering the exploration and production sector in Equatorial Guinea.

“GEPetrol has always served as a longstanding ally to ensuring Africans benefit from African resources. The company’s transformation into a competitive operator – reflected in its Block B development plans – signals a strong intention to maximize the development of producing assets in Equatorial Guinea. As a result of their efforts, Equatorial Guinea is well on its way to becoming a major player in the oil and gas game on the continent and worldwide,” states African Energy Chamber Executive Chairman NJ Ayuk.

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

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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.

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ORUN and 1xBET Partner to Support a Dynamic Creative Africa

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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).

 

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

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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.

 

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