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Ghana is Pivotal for Africa and a Strong Partner for African Energy Week: Invest in African Energies

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Ghana

During this year’s African Energy Week: Invest in African Energies, a Ghanaian delegation engaged in forward-looking discussions, outlining key opportunities across the country’s energy industry

CAPE TOWN, South Africa, November 15, 2024/APO Group/ — 

On the back of a series of policy reforms and regulatory changes, Ghana has positioned itself as a globally competitive oil and gas market. The country has put in place ambitious energy targets and strives to boost oil production while stimulating development across the natural gas value chain.

A Ghanaian delegation at this year’s African Energy Week (AEW): Invest in African Energies outlined how aggressive reforms will position the country as a regional hub. The delegation’s participation not only underscored Ghana’s vital role in Africa’s energy future but reaffirmed the country’s commitment to AEW: Invest in African Energies – Africa’s largest, pan-African energy event.

Ghana has seen robust growth across its oil and gas value chain in recent months, with ongoing projects consolidating its position as a major producer. The Tema LNG plant – situated near the capital city Accra and operated by private equity company Helios Investment Partners – is set to begin production by the end of the year. Featuring infrastructure to import, store, regasify and deliver LNG to off-takers in the Greater Accra Area, the project will have a capacity of 1.7 million tons of gas per year.

Ghana does not simply copy and paste policies, but is often a reference point for best practices, including the zero-flaring policy and local content initiatives

Meanwhile, the Atuabo II Gas Processing Plant – developed by Ghana Gas alongside joint venture partners – is on track for production in 2025. The project, with a capacity of 150 million standard cubic feet per day (mscf/d), comprises the development of a second processing plant at the Atuabo project. Capacity could be doubled to 300 mscf/d, producing LNG, propane, butane and pentane condensates.

These projects are just two of the many underway that aim to scale-up the country’s gas monetization and distribution. Despite efforts to maximize resources, the country still offers a wealth of opportunity for exploration companies, underscoring its future role as a regional hub. At AEW: Invest in African Energies 2024, representatives from the country’s major energy players outlined these opportunities, inviting investors to join the growing market.

Speaking at this year’s conference, Egbert Faibille Jr., CEO of Ghana’s Petroleum Commission, emphasized that the country is both a stable and highly attractive investment market. He explained that political risk is “virtually non-existent” and that major projects showcase the potential for large-scale investments. Riverson Oppong, CEO of the Association of Oil Marketing Companies, echoed these remarks, highlighting that “Ghana does not simply copy and paste policies, but is often a reference point for best practices, including the zero-flaring policy and local content initiatives.”  

The country, however, is not content with being a stable investment environment, with further reforms planned to bolster the market’s attractiveness even further, protecting investments and ensuring high returns for financiers. Speaking at an Invest in Ghana Energies roundtable at AEW: Invest in African Energies 2024, Faibille Jr., said that further reforms could be on the horizon, including amendments to laws requiring companies to allocate at least 15% of every project to the state as free and carried interest. The country is also looking at a more flexible oil royalty regime to attract capital, mitigating risk for companies and enticing heightened investment.

Dr. Sheila Addo, Director for Policy Coordination at the National Petroleum Authority of Ghana added that Ghana’s regulatory philosophy focused on a flexible and market-driven approach. She said that the country’s approach is “one of deregulation. We deregulate infrastructure, price and product supply.” These efforts affirm the country’s pro-investment approach to energy development and will serve as a catalyst for energy growth. As such, Ghana’s role in future energy markets is poised to grow, further amplified by a national drive to transform the economy from within.

“Ghana has proven time and time again that it is committed to long-term and sustainable investment. The country’s dedication to market-focused policies, strong project pipeline and continuous engagement with investors through platforms such as AEW: Invest in African Energies have driven economic growth. Going forward, Ghana’s participation at the annual AEW: Invest in African Energies’ events will boost the country’s energy development even further, with the country expected to continue to play a major part in the event for years to come,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber.

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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February 6, 2026

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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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February 6, 2026

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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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February 6, 2026

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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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