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Guinea-Conakry’s Minister of Energy, Hydropower and Hydrocarbons to Particpate at MSGBC Oil, Gas & Power 2025

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Energy Capital

Under the theme Energy, Petroleum and Mining in Africa: Synergy for Inclusive Economic Development, this year’s edition of MSGBC Oil, Gas & Power will connect global investors with opportunities within Guinea-Conakry’s energy value chain

DAKAR, Senegal, October 29, 2025/APO Group/ –Aboubacar Camara, Minister of Energy, Hydropower and Hydrocarbons of Guinea-Conakry, has been confirmed as a speaker at the MSGBC Oil, Gas & Power Conference, taking place from December 8–10, 2025, in Dakar, Senegal.

 

He is expected to outline Guinea-Conakry’s strategic initiatives for transforming its energy landscape, including detailing the country’s efforts to diversify its energy portfolio across various sources. Minister Camara will provide insight into emerging block opportunities, engaging with global investors and project developers to advance exploration in the frontier market.

As the MSGBC region experiences an oil and gas boom – with Senegal and Mauritania achieving first gas from the Greater Tortue Ahmeyim project and Senegal reaching first oil from Sangomar this year – Guinea-Conakry is working to build on this momentum.

Under Minister Camara’s leadership, the country is positioning itself as the region’s next frontier for oil and gas exploration, advancing cooperation with international partners to unlock its hydrocarbon potential. Guinea-Conakry is finalizing terms for a licensing round offering 22 exploration blocks, and has established a National Seismic Data Visualization Center in partnership with SLB and TGS to enhance geological understanding for prospective investors.

Guinea Conakry is strategically positioned in the MSGBC region, boasting significant untapped oil and gas reserves

Additionally, A $300 million LNG terminal at the Port of Kamsar – developed by the West Africa LNG Group – is set to support both import and export activities, while integrating a 1,900 MW gas-fired power plant to supply energy-intensive industries such as mining.

Guinea-Conakry is also advancing hydropower projects including the 450 MW Souapiti, the 300 MW Amaria and the 294 MW Koukoutamba projects, alongside plans to add 500 MW of solar capacity to the grid.

Beyond hydrocarbons, the country is scaling up renewable energy under the Ministers  stewardship. In October 2025, the country increased its electricity trade capacity to 340,000 KVA, up from zero in 2015, driven by expanded generation and participation in the World Bank–funded 225 kV Gambia River Basin Development Organization regional interconnection network.

In August this year, Guinea Conakry launched a national consultation on the pan-African Mission 300 initiative, targeting a $272 million investment – including $132 million from the World Bank – to expand electricity access through renewable projects.

Meanwhile, In July 2025, the country secured €95.16 million to construct three hydropower plants with a combined capacity of 30 MW, further diversifying its energy mix.

“Guinea Conakry is strategically positioned in the MSGBC region, boasting significant untapped oil and gas reserves. The nation’s dedication to developing its energy sector, exemplified by the fupcoming 22-block bid round, highlights a progressive strategy that will fuel economic growth and bolster regional energy collaboration,” says Sandra Jeque, Project Director, Energy Capital & Power.

Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region’s oil, gas and power sectors, taking place under the theme Energy, Petroleum and Mining in Africa: Synergy for Inclusive Economic Development.  Visit www.MSGBCOilGasandPower.com to secure your participation at the MSGBC Oil, Gas & Power 2025 conference. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

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

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Reserve Bank of Zimbabwe (RBZ) Deputy Governor Joins African Mining Week (AMW) 2026 as Zimbabwe Seeks to Optimize Mining Capital Flows

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Etu Energias

Innocent Matshe, Deputy Governor of the Reserve Bank of Zimbabwe, is expected to highlight the central bank’s role in mobilizing investment across Zimbabwe’s mining value chain

CAPE TOWN, South Africa, July 6, 2026/APO Group/ –Dr. Innocent Matshe, Deputy Governor of the Reserve Bank of Zimbabwe (RBZ), has been confirmed as a speaker at African Mining Week (AMW) – Africa’s Most Influential Mining Conference, taking place from 14–16 October 2026 in Cape Town. His participation comes as African central banks assume an increasingly important role in financing mining projects, supporting mineral value addition and creating investment-friendly monetary frameworks to attract private capital.

 

Dr. Matshe will participate in the Central Bank Governors, Finance and Investor Roundtable, where policymakers, financial institutions and investors will explore strategies to mobilize the capital needed to unlock Africa’s estimated $8.5 trillion in untapped mineral wealth. The session will examine innovative financing mechanisms, public-private partnerships and monetary policies that can accelerate investment across the continent’s mining sector.

As Zimbabwe  targets gold production of 55 metric tons in 2026 – up from 50.6 metric tons in 2025 and 38.6 metric tons in 2024 – the RBZ has expanded its support for the sector through its reserve-building gold purchase program. The initiative provides financing to mining companies while advancing the formalization of the artisanal and small-scale mining (ASGM) sector. To address foreign currency constraints, the central bank also pays ASGM producers – who account for more than 60% of Zimbabwe’s gold production – directly in foreign currency, enabling miners to purchase equipment, improve productivity and sustain operational growth.

Dr. Matshe will also speak during the Unlocking Refining Investment panel, where industry leaders will discuss financing strategies to accelerate investment in mineral processing and downstream beneficiation projects across Africa. His participation aligns with Zimbabwe’s efforts to strengthen domestic mineral value addition and attract investment into processing infrastructure.

The government is targeting approximately $1 billion in lithium processing investments ahead of its planned January 2027 ban on lithium concentrate exports, a policy designed to encourage in-country beneficiation and increase export value. At the same time, Zimbabwe is expanding its gold refining capacity through the approval of a new refinery in Bulawayo, supporting the country’s ambition to process a greater share of its mineral production domestically.

At AMW 2026, Dr. Matshe is expected to outline how the Reserve Bank’s monetary policies, foreign exchange reforms and financing initiatives are supporting mining sector expansion while creating a more attractive investment environment across Zimbabwe’s mining value chain, from exploration and production to refining and mineral processing.

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

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What Angola’s Oil Reform Story Can Teach Libya’s Next Phase of Growth

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African Energy Chamber

As Libya builds on its production recovery, “Crude Oil: Power, Turnaround and Transformation in Angola” highlights how regulatory reform and policy certainty can help translate resource wealth into long-term upstream investment

CAPE TOWN, South Africa, July 3, 2026/APO Group/ –Libya’s upstream sector has staged a remarkable operational recovery, with crude production reaching approximately 1.5 million barrels per day (bpd) – its highest level in more than a decade. As the country works to sustain this momentum, strengthening the investment environment will be just as important as increasing output to attract long-term upstream capital.

 

While Angola and Libya have distinct political and institutional landscapes, both rank among Africa’s leading hydrocarbon producers with significant resource potential. In Crude Oil: Power, Turnaround and Transformation in Angola, NJ Ayuk, Executive Chairman of the African Energy Chamber, examines how Angola strengthened its investment climate through a series of regulatory reforms. Although focused on Angola, the book offers valuable insights into how policy certainty can complement geological potential in attracting investment.

A defining moment in Angola’s upstream transformation came in 2019, when the country separated Sonangol’s commercial responsibilities from regulatory oversight through the establishment of the National Oil, Gas and Biofuels Agency (ANPG). The reform streamlined decision-making, improved transparency and helped reinforce investor confidence, supporting an upstream investment pipeline expected to exceed $60 billion between 2025 and 2030.

Geology alone does not attract investment

As Libya continues advancing its upstream sector, experiences from markets such as Angola illustrate how clear institutional frameworks can strengthen investor confidence and support project development over the long term. Building on recent production gains, continued efforts to enhance regulatory clarity and streamline investment processes could further reinforce Libya’s position as a leading destination for upstream capital.

Angola also introduced a permanent offer licensing mechanism, allowing companies to negotiate available acreage outside traditional bid rounds. The approach has provided greater flexibility for investors while ensuring opportunities remain available beyond periodic licensing rounds. As Libya re-engages international investors through its renewed licensing program, flexible mechanisms that encourage continuous investment could help broaden participation over time.

Beyond licensing reform, Angola introduced policies to extend production from mature offshore assets while implementing dedicated natural gas legislation that supported new discoveries, including Gajajeira-01 gas exploration well, and accelerated gas commercialization through greater regulatory clarity and clearly defined investor rights.

Libya likewise possesses substantial undeveloped oil and gas resources. As the country advances future upstream developments, predictable frameworks for brownfield redevelopment, marginal fields and gas monetization could help unlock additional investment while supporting domestic energy security and long-term production growth.

“Geology alone does not attract investment. Investors commit capital where regulation is predictable, contracts are respected and governments compete for long-term partnerships. Angola’s experience shows that reform is not about giving resources away – it is about creating the confidence that allows capital to develop them,” says Ayuk.

Libya’s production recovery demonstrates the resilience and potential of its energy sector. As the country looks toward its next phase of growth, Angola’s experience underscores how regulatory reform and policy certainty can complement resource wealth, helping translate production gains into sustained investment and long-term sector development.

Distributed by APO Group on behalf of African Energy Chamber.

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Libya Energy & Economic Summit: Over $20B in Deals Highlight Renewed Global Confidence

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Etu Energias

The annual Libya Energy & Economic Summit drives multi-billion-dollar oil, gas and renewable deals, fostering international partnerships to expand Libya’s energy infrastructure and investment pipeline

TRIPOLI, Libya, July 3, 2026/APO Group/ –The Libya Energy & Economic Summit (LEES) has established itself as Libya’s premier gateway for upstream capital, consistently unlocking multi-billion-dollar oil, gas and renewable energy agreements since its 2021 launch in Tripoli. The summit has become a central mechanism for turning policy momentum into bankable energy projects.

 

The upcoming 2027 edition of LEES will build directly on this trajectory, expanding Libya’s investment pipeline across hydrocarbons, renewables and infrastructure while deepening international participation following record deal activity in 2026.

In 2026, the fourth edition of LEES delivered its most significant upstream package to date: a $20 billion, 25-year Waha Concession amendment between Libya’s National Oil Corporation (NOC) and TotalEnergies alongside ConocoPhillips. The agreement targets a production increase to 850,000 barrels per day through redevelopment of mature assets including North Zella and NC-98, fully financed through foreign capital under an enhanced recovery and infrastructure upgrade framework.

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At LEES 2026, NOC Chairman Masoud Suleman signed a MoU with Chevron to evaluate oil and gas exploration opportunities, field development and enhanced recovery initiatives, later expanding cooperation to assess unconventional resources across the Sirte, Murzuq and Ghadames basins. Suleman also oversaw a letter of intent between NOC subsidiary NAGECO and TGS to expand multi-client seismic acquisition programs and generate high-resolution subsurface data supporting future licensing rounds and exploratory drilling.

At the government level, Minister of Oil and Gas Dr. Khalifa Abdulsadek formalized a Libya-Egypt petroleum cooperation MoU aimed at strengthening technical collaboration, infrastructure development and capacity building across the oil, gas and mining sectors. During the summit, the Libyan Council for Oil, gas and Renewable Energy signed a strategic partnership with Business France focused on expanding private-sector participation and supporting Libyan SMEs.

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LEES has become the decisive platform for converting Libya’s energy potential into structured, bankable investment opportunities across hydrocarbons and renewables

The 2024 edition of LEES acted as a platform for advancing projects already under development, most notably showcasing progress on TotalEnergies’ 500 MW Sadada solar PV project with the General Electricity Company of Libya (GECOL), first announced during the inaugural 2021 summit. The project remains a cornerstone of Libya’s renewable energy strategy, supporting grid stabilization and diversification away from oil-dependent power generation in partnership with the Renewable Energy Authority of Libya.

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Beyond solar, 2024 also formalized Libya’s international upstream reopening through the launch of a national licensing round, drawing qualified interest from majors including Eni, Repsol and BGN Energy. Additional outcomes included exploratory discussions on a Malta-Libya undersea renewable energy interconnector, designed to evaluate cross-Mediterranean power exchange potential and long-term grid export opportunities, reinforcing Libya’s positioning as both a hydrocarbons exporter and emerging regional energy hub.

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The inaugural LEES 2021 marked Libya’s reintegration into global energy investment flows after a prolonged hiatus, featuring the announcement of TotalEnergies’ 500 MW solar partnership with GECOL and parallel gas-flaring reduction initiatives across western oilfields. Infrastructure-focused agreements, including upgrades linked to the Misrata Free Zone, further supported logistics and export capacity expansion. Initial discussions involving ConocoPhillips, Hess Corporation and other international operators laid the groundwork for subsequent upstream rehabilitation efforts and the wave of large-scale investments that would follow in later editions of the summit.

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“LEES has become the decisive platform for converting Libya’s energy potential into structured, bankable investment opportunities across hydrocarbons and renewables,” says James Chester, CEO, Energy Capital & Power. “The 2027 edition will build on this momentum, further accelerating international capital inflows and long-term sector partnerships.”

Join industry leaders at the Libya Energy & Economic Summit 2027 in Tripoli and explore investment opportunities in one of Africa’s most dynamic energy markets. LEES 2027 offers a premier platform for partnerships, innovation and sector growth. Visit www.LibyaSummit.com to secure your participation. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

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

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