Connect with us

Business

How a New Trump Administration Could Shape United States (U.S.) – Africa Energy Relations

Published

8 hours ago

on

Donald Trump

As Trump begins his second term, the Invest in African Energy 2025 Forum offers a platform to connect American investors with Africa’s energy opportunities amid potential expanded financing and support for U.S. involvement on the continent

PARIS, France, January 21, 2025/APO Group/ — 

With the inauguration of U.S. President Donald Trump on January 20, the future of American involvement in Africa’s energy sector is set for a significant shift. President Trump’s approach to energy has consistently focused on strengthening American interests, particularly by prioritizing domestic energy production. However, as he aims to reinforce America’s global position, especially in energy-rich regions like Africa, his policies are expected to create new opportunities for U.S. investors in the continent’s oil, gas and energy industries. 

A renewed focus on Africa comes at a pivotal time, coinciding with the upcoming Invest in African Energy 2025 Forum in Paris. The forum will showcase leading opportunities for global investors, including U.S. firms, to participate and form new partnerships in Africa’s energy sector. With the Trump administration expected to push for greater support of U.S. energy companies in Africa, the forum plays a critical role in connecting the U.S. investment community to emerging opportunities across the continent and highlighting the potential for increased collaboration between American investors and African nations.  

Lessons Learned from the First Term 

Under Trump’s first administration, U.S. involvement in Africa’s energy sector was shaped by a focus on revitalizing domestic production and reducing dependency on foreign oil. However, the administration also sought to strengthen trade relations, with initiatives like Prosper Africa aimed at boosting bilateral trade and investment ties. In the oil and gas sector, American companies like ExxonMobil and Chevron, already well-established in African markets, achieved several major milestones from 2017 to 2020. ExxonMobil launched its $30 billion Rovuma LNG development in Mozambique; Chevron expanded its operations in Angola’s deepwater Block 0; Kosmos Energy made significant discoveries offshore Senegal and Mauritania, paving the way for the Greater Tortue Ahmeyim LNG project; and Marathon Oil continued to expand its operations in Equatorial Guinea through the multi-phase Gas Mega Hub. 

As President Trump returns to office, the focus will likely shift towards encouraging U.S. companies to expand their operations in Africa, particularly in the oil and gas sectors. A key question will be whether the Trump administration will provide greater support for American energy companies through financing mechanisms like EXIM Bank, not only for renewable energy projects, but also traditional ventures like natural gas. This support could provide a much-needed boost to U.S. energy firms seeking financing in a region rich with some of the world’s largest untapped fossil fuel reserves. 

Shaping Global Perception of African Fossil Fuels 

While global scrutiny over fossil fuels continues to intensify, President Trump’s influence could play a key role in countering the negative portrayal of African fossil fuels in international circles. Under his leadership, the U.S. may adopt a more pragmatic approach to African energy, advocating for policies that encourage American companies to engage in the continent’s oil and gas markets. This could foster a more mutually beneficial relationship between the U.S. and Africa, opening strategic opportunities for American companies while reinforcing their influence in a vital region. The Trump administration could also challenge the banking boycott that restricts financing for fossil fuel projects, particularly in developing regions like Africa. Such a stance would likely be welcomed by African nations, where oil and natural gas remain central to economic development and energy security. 

Beyond government-backed financing, there are indications that President Trump will pursue policies that incentivize private U.S. sector participation in Africa’s energy markets. By providing a more favorable regulatory environment, Trump’s administration could ease the path for American investors looking to capitalize on the continent’s growing energy demands. With Africa expected to be a key player in the global energy transition over the coming decades, U.S. companies may be encouraged to participate in both new exploration and production, as well as projects focused on sustainable energy, such as natural gas, which is seen as a bridging fuel toward greener alternatives. 

IAE 2025 (https://apo-opa.co/3WrJXy4) is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit www.Invest-Africa-Energy.com. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com. 

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

Related Topics:
Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Business

Critical Minerals Africa Group (CMAG) Leads Dialogue on Critical Minerals Traceability at Future Minerals Forum in Riyadh

Published

2 hours ago

on

January 22, 2025

By

The Forum was attended by over 14,000 participants from 178 countries united in the ambition to drive innovation and collaboration towards a sustainable future

LONDON, United Kingdom, January 22, 2025/APO Group/ — 

The Critical Minerals Africa Group (CMAG), the advocacy group seeking to foster deeper relations between Africa and global markets and put Africa at the heart of international discussions surrounding critical minerals policy, is proud to have chaired a successful panel session on critical minerals traceability at the Future Minerals Forum in Riyadh.

The Future Minerals Forum brings together governments, international organisations, the private sector, and other stakeholders shaping the global critical minerals industry. The Forum was attended by over 14,000 participants from 178 countries united in the ambition to drive innovation and collaboration towards a sustainable future.

CMAG’s CEO, Veronica Bolton Smith, chaired a panel on the topic of “making high-risk, minerals-rich jurisdictions investable by growing supply chain transparency and certification.”

The biggest takeaway for me was that stakeholders wanting to play a role in unleashing Africa’s critical minerals potential should not simply wait for conditions to improve

The topic of discussion was particularly timely given the recent news of the government of the Democratic Republic of the Congo taking Apple to court over the alleged use of blood minerals, which has shone a light on how crucial strengthening traceability in global supply chains is in unlocking the full potential of Africa’s critical minerals.

Bolton Smith and other critical minerals leaders in attendance agreed that industry needs to go back to basics when it comes to structuring supply chain transparency and certifications, which also requires a multistakeholder approach involving both the public and private sector.

The panel also noted that communication between governments, businesses, and local communities is crucial in overcoming any challenges that may arise. Establishing strong, proactive relationships with local communities is the best way to bring about mutually beneficial outcomes for all stakeholders.

Furthermore, the panel discussed how, to guarantee the strength and integrity of supply chains, there is a vital need to ensure there are enforcement mechanisms in place for when there is a breakdown in companies adhering to regulatory frameworks. In turn, these frameworks can also help free up greater amounts of responsible financing to unleash the full potential of Africa’s critical minerals resources.

Veronica Bolton Smith says, “CMAG had a very productive trip to Riyadh – not least because of this engaging panel discussion on critical minerals traceability. The biggest takeaway for me was that stakeholders wanting to play a role in unleashing Africa’s critical minerals potential should not simply wait for conditions to improve – they should proactively help shape change.”

“While in Riyadh, CMAG also engaged with government officials, business leaders, and others involved in African critical minerals supply chains. The event was an invaluable opportunity for CMAG to further its goal of fostering deeper, mutually beneficial relationships between key critical minerals stakeholders in the Gulf, Africa, and globally.”

Distributed by APO Group on behalf of Critical Minerals Africa Group (CMAG).

Continue Reading

Business

Bigo Live’s Global Community Marks a Year of Influence at Annual Gala

Published

4 hours ago

on

January 22, 2025

By

With over 1,000 guests in attendance, this year’s gala underscores the company’s commitment to promoting creativity and innovation, providing content creators and viewers with a diverse and enriching experience.
SINGAPORE – Media OutReach Newswire – 22 January 2025 – Bigo Live, a leading global social live-streaming platform, is excited to announce the return of the highly anticipated BIGO Awards Gala, now in its sixth edition. Under the theme “LIVE YOUR OASIS”, the event celebrates creativity, community, and sustainability while fostering a safe and innovative digital ecosystem. Taking place on January 24, 2025, at the iconic Marina Bay Sands, Sands Theatre in Singapore, the gala returns to the city where Bigo Live was founded.With over 1,000 attendees from across the globe, the gala will honor outstanding content creators in categories like “Most Uplifting Livestream” and “Global Community Builder”. Winners will receive trophies, in-app rewards, and billboard recognition at iconic locations. Viewers can join the celebration by voting for their favorites in real-time, emphasizing Bigo Live’s commitment to inclusivity and community engagement.Bigo Live continues to empower creators with tools and resources to produce impactful content while enhancing its User-Generated Content (UGC) policies. Stricter private stream verification, advanced moderation practices, and localized content guidelines ensure a secure and enriching digital environment for creativity and meaningful connections. 

 This year’s event is also carbon-neutral, marking a significant step toward environmental responsibility. By measuring emissions from materials, transportation, and energy use—and offsetting them with carbon credits—the gala sets new benchmarks for sustainable practices in the digital space.”The BIGO Awards Gala 2025 is a celebration of the vibrant global community that makes Bigo Live so unique,” says a spokesperson from Bigo Live. “This year, as we return to Singapore, we’re not only honoring exceptional talent but also reaffirming our commitment to creating a safe, inclusive, and sustainable digital oasis where creativity and connections thrive.”Co-hosted by Singaporean actress Vernetta Lopez and comedian Rishi Budhrani, the evening will feature performances from 35 international artists across genres such as pop, opera, hip-hop, and dance, alongside acrobatics and a spectacular EDM performance.Livestreaming continues to revolutionize the social media landscape. Since its launch in 2016, Bigo Live has been at the forefront, empowering creators and ranking as the 7th most popular live-streaming platform worldwide (Stream Hatchet, Q4 2024). With tools like Virtual Live and personalized incentives, the platform cultivates a thriving ecosystem for creators and viewers alike.The BIGO Awards Gala 2025 will be livestreamed on Bigo Live’s Music Livehouse channel (Bigo ID: music) via the Bigo Live app. Interactive features, including live chat and lucky draws, will enhance the experience for a global audience making the community more engaged.Date: January 24, 2025Red Carpet: 3 PM (GMT+8)Gala Start: 7 PM (GMT+8)Follow Bigo Live on Facebook and Instagram for updates, and join us in celebrating the transformative power of livestreaming.Bigo Live
Bigo Live is one of the world’s fastest-growing live-streaming social communities where users broadcast in real-time to share life moments, showcase their talents, and interact with people from around the world. Bigo Live has around 500 million users in over 150 countries and is currently the market leader in the live streaming industry. Launched in March 2016, Bigo Live is owned by Bigo Technology, based in Singapore.

Continue Reading

Business

Economic and Monetary Community of Central Africa (CEMAC) Common Market Commissioner to Address Regional Cooperation at Congo Energy & Investment Forum (CEIF)

Published

8 hours ago

on

January 22, 2025

By

CEMAC

Mbogo Ngabo Seli, Commissioner in charge of the Common Market Department at CEMAC, will discuss how regional integration policies are advancing the Republic of Congo’s oil & gas and energy sectors

BRAZZAVILLE, Republic of the Congo, January 21, 2025/APO Group/ — 

As a key leader within the Economic and Monetary Community of Central Africa (CEMAC), Mbogo Ngabo Seli, Commissioner in charge of the Common Market Department at CEMAC, will join as a distinguished speaker at the Congo Energy & Investment Forum (CEIF) in Brazzaville.

The Common Market Department of CEMAC is tasked with driving regional economic integration by enabling free trade, coordinating economic policies, attracting investment and strengthening competitiveness among its member states. By harmonizing regulation and promoting cross-border collaboration, CEMAC supports the Republic of Congo’s efforts to double its oil production, expand LNG exports and unlock new exploration and development opportunities. The regional body’s focus on infrastructure development, streamlined legislation and shared resource management strengthens Republic of Congo’s position as a key player in Central Africa’s energy sector, while enhancing its ability to meet production targets.

The inaugural Congo Economic and Investment Forum, set for March 24-26, 2025 in Brazzaville, will bring together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. The event will explore the latest gas-to-power projects and provide updates on ongoing expansions across the country.

As Commissioner, Seli is expected to share insights on CEMAC’s initiatives to promote economic integration and facilitate regional cooperation, emphasizing their impact on driving energy development in the Republic of Congo and across Central Africa. During CEIF 2025, Seli will highlight how these efforts align with Republic of Congo’s ambitious energy goals, including increased oil and gas production and monetization of natural resources. These initiatives contribute to strengthening the region’s energy infrastructure, boosting intra-regional trade and enhancing energy security.

The role of CEMAC in enhancing energy collaboration and optimizing resource utilization across the region is particularly crucial as member states face the challenge of attracting more foreign investment into the energy sector. Through joint infrastructure projects, such as shared LNG export terminals and cross-border pipelines, CEMAC aims to reduce operational costs, foster trade and create a more competitive regional market. By addressing regulatory inconsistencies and promoting greater policy alignment, CEMAC is laying the foundation for a more sustainable energy future in Central Africa, positioning the Republic of Congo and its neighbors for long-term growth and stability.

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

Continue Reading

Trending