Connect with us
Anglostratits

Business

High-Level African Development Bank (AfDB) delegation heads to Japan to champion African investment and collaboration in run-up to the 9th TICAD9

Published

on

African Development Bank

The delegation’s visit is expected to strengthen the partnership between the African Development Bank, the Japanese government, and Japan’s private sector, paving the way for increased investment and collaboration in Africa’s most promising sectors

ABIDJAN, Ivory Coast, June 14, 2024/APO Group/ — 

An African Development Bank (www.AfDB.org) delegation led by three vice presidents will visit Japan from 17-21 June to promote investment opportunities in key African sectors and strengthen partnerships with the Japanese government and corporations.

Vice presidents Kevin Kariuki, Solomon Quaynor, and Kevin Urama will be joined by the Bank’s Executive Director for Japan, Austria, Brazil and Saudi Arabia, Takaaki Nomoto, and Yacine Fal, the Bank president’s Special Representative to the Africa Investment Forum, to build momentum for the 9th Tokyo International Conference on African Development (TICAD9) scheduled for 2025.

The delegation’s visit is expected to strengthen the partnership between the African Development Bank, the Japanese government, and Japan’s private sector, paving the way for increased investment and collaboration in Africa’s most promising sectors ahead of TICAD9.

A cornerstone of the mission is the Japan-Africa Business Forum 2024, co-organized by the Bank Group and Keizai Doyukai (Japan Association of Corporate Executives), set for June 18 in Tokyo. Themed Exploring Investment Risks in Africa: Unveiling the True Potential and Challenges, the Forum will highlight the growing partnership between the two organisations, which signed a statement of intent in 2022 to strengthen Japan-Africa business ties. The delegation will also engage with Japanese business leaders, academia, and the Ministry of Finance to explore further cooperation and investment opportunities in sectors where Africa has a competitive advantage.

During the forum, Urama, the Bank’s Chief Economist and Vice President for Economic Governance and Knowledge Management, will present findings from the African Economic Outlook, the Bank Group’s flagship report, showcasing Africa’s investment landscape.

Quaynor, Vice President for Private Sector, Infrastructure and Industrialisation, will lead a session on Africa’s thriving startup and entrepreneurship ecosystem, emphasizing the Bank Group’s and investors’ role in nurturing its growth.

Vice President for Power, Energy, Climate Change and Green Growth Kariuki, will discuss green infrastructure project structuring in Africa and the Bank’s initiatives in this area, underscoring the continent’s potential for sustainable investment.

Fal will give a preview of the Africa Investment Forum (https://apo-opa.co/3XoKaTP), highlighting its importance in catalysing investment across key sectors.

The mission builds on the successful visit of African Development Bank President Dr Akinwumi Adesina to Japan in April 2023, where he advocated for increased Japanese investment in Africa and highlighted successful Japanese ventures on the continent.

During that visit, Ken Shibusawa, Chairperson of Keizai Doyukai’s Middle East/Africa-Japan Relations Committee, announced the formation of a fund, &Capital, to support early-stage African companies. The Bank Group and &Capital have since established a partnership that aligns with the Bank Group’s Youth Entrepreneurship Investment Banks initiative, demonstrating Shibusawa’s strong commitment to investing in Africa.

The mission also builds on the outcomes of TICAD8 held in Tunisia in August 2022, where Japan and the African Development Bank announced a $5 billion financial cooperation under the Enhanced Private Sector Assistance for Africa (EPSA) initiative.

It follows the Africa Investment Forum 2023 Market Days (https://apo-opa.co/45rr2Xs), which drew over 80 representatives from 40 Japanese entities, indicating the growing interest of Japanese businesses in Africa’s dynamic markets and youthful entrepreneurial population.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Business

Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

Published

on

The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

Continue Reading

Business

Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

Published

on

Etu Energias

As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

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

Continue Reading

Business

Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

Published

on

Energy

The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

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

Continue Reading

Trending