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Highlights from Angola Oil & Gas (AOG) 2023 Forecast Lucrative Opportunities for Angola in 2024

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AOG

Angola’s myriad energy opportunities offer high returns for foreign players, and investors are invited to join the country’s premier energy event in 2024 to capitalize on unmatched prospects

LUANDA, Angola, December 12, 2023/APO Group/ — 

Angola’s attractiveness as an energy investment destination continues to grow as market-focused policies, strong political will and untapped oil, gas and renewable energy resources present lucrative opportunities for foreign players. In 2023, the country’s official energy conference, Angola Oil & Gas (AOG), was a testament to rising interest by foreign investors, and with the conference returning for its fifth edition in 2024, opportunities for project developers, financiers, service and technology providers are booming.

Global Players Meet in Angola

The 2023 edition of the AOG conference featured over 1,200 delegates, 73 speakers and 54 participating companies, underpinning the event’s role as a global meeting place. Over 20 Ministers and VIPs were present, representing Angola, the Republic of the Congo, Argentina, Egypt, Equatorial Guinea, Ghana, Mexico, Mozambique, Namibia, Norway and many more.

The Organization of the Petroleum Exporting Countries selected the conference as the platform to celebrate its 63rd anniversary, reflecting the importance of Angola for the organization and global energy community at large. In 2024, AOG anticipated even greater participation by global players as Angolan energy becomes increasingly important in global supply chains. The 2023 event paved the way for increased participation by both the private and public sectors, and stakeholders are encouraged to secure their participation today.

Deals Underscore Long-Term Commitments

AOG 2023 featured the signing of seven deals, showcasing the commitment of foreign companies to Angola’s energy future. Deals signed included between Azule Energy and national oil company Sonangol; environmental management company Ambipar and energy firm Kini Energias; oil and gas company ETU Energias and global technology company SLB; and insurance company Protteja Seguros and oil and gas company Petromar.

Additionally, the National Oil, Gas & Biofuels Agency signed cooperation agreements with three universities – Universidade Agostinho Neto; Catholic University of Angola; and Instituto Superior Pliténico de Tecnologias e Ciências. Greater focus will be placed on networking during the 2024 conference, providing opportunities for companies to connect and sign deals.

Greater focus will be placed on networking during the 2024 conference, providing opportunities for companies to connect and sign deals

Experts Discuss Future Energy Opportunities

As Angola’s energy sector grows, new opportunities continue to crop up across the entire energy value chain. AOG 2023 provided an in-depth overview of the industry, with panel discussions led by government officials, global energy major executives, and key players from the international oil and gas market. A technical track detailed projects, trends and challenges, providing potential investors with the information they need to make informed decisions on the market.

In 2024, Angola expects a wave of developments to kick off following the finalization of its 12-block latest bid round (which received a total of 53 bids); the announcement of a multi-energy strategy by TotalEnergies; the construction of three refineries; and rising demand for Angolan petroleum products. Discussions during the 2024 conference will build on topics during 2023, generating further understanding of the opportunities available in Angola’s oil and gas industry.

Brands, Topics and National Objectives Promoted Globally

Participating in and advertising at the AOG conference ensures your brand has a global audience. During the 2023 event, over 131 local and international media companies participated, sharing articles based on the conference program, in-depth interviews with delegates, and multi-platform media coverage of the exhibition, sponsors, panels and networking functions. As the conference grows, opportunities to take your brand global through AOG only increase. Secure your sponsorship or exhibitor pass today!

Showcasing a Future-Oriented Approach to Energy

As an established energy market, Angola remains committed to a prosperous future built on universal access, industrialization and regional economic growth. The conference reflects this commitment, featuring an exhibition that showcases innovation, digitalization and cutting-edge technology that paves the way for a sustainable and strengthened energy future. The conference itself received a carbon-free certificate, further underscoring a commitment to clean energy. A year on, Angola’s energy sector is set to see further digital transformation and the conference represents the platform of choice to promote solutions.

Join the AOG 2024 conference and be part of a movement towards an energy secure and sustainable future in Angola. Visit www.AngolaOilandGas.com for more information. 

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

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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Debate

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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Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

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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ITFC

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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