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Industry Veteran Cany Jobe Appointed Director General (DG) of Gambia Petroleum Commission

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Gambian President Adama Barrow has appointed Cany Jobe as the new Director General of The Gambia Petroleum Commission, marking a significant milestone in the country’s efforts to advance its oil and gas sector. The appointment comes as The Gambia accelerates regulatory reform and acreage promotion to position itself as one of West Africa’s most attractive frontier exploration destinations.Representing the voice of the African energy sector, the African Energy Chamber (AEC) welcomes the appointment of Cany Jobe as Director General, recognizing it as a vital step toward transforming The Gambia’s global investment profile. The Chamber believes Jobe will serve as the chief promoter of the country’s oil and gas sector, tasked with attracting international investment and positioning The Gambia as a world-class destination for upstream capital.

Jobe joins the Petroleum Commission with close to 18 years of international experience across the oil and gas value chain. She holds a Masters in Engineering from the University of Western Australia and a Masters in International Project Management from Glasgow Caledonian University. Prior to her appointment, she served as Director of Exploration & Production at the Gambia National Petroleum Corporation, where she was instrumental in upstream strategy development, data management and engagement with prospective investors. She has also held positions with regional and international institutions across Asia, Australia, West Africa and America, including roles with China Petroleum Corporation, Venezuela’s PDVSA and ECOWAS Commission as a national consultant. Now, with Jobe at the helm of the Petroleum Commission, The Gambia is signaling its readiness to compete for global exploration capital and take its place among West Africa’s next generation of oil and gas producers.

Her appointment comes at a pivotal moment in The Gambia’s energy development. Situated in the heart of the MSGBC basin, the country has a unique set of competitive advantages that make it a highly-attractive destination for frontier exploration and investment. These include attractive acreage, growing data coverage, strong geology as well as improving regulation. Despite these advantages, the country has yet to make a commercial oil discovery. The Gambia’s challenges with advancing exploration and development have had little to do with resources and more to do with investment. But recent moves promise to turn this trend around.

Cany Jobe has taken on the big issues when it comes to The Gambia and Africa’s right to produce its oil and gas

“Cany Jobe has taken on the big issues when it comes to The Gambia and Africa’s right to produce its oil and gas,” says NJ Ayuk, Executive Chairman, AEC, adding that she has stood up for her country and worked hard globally to advance the oil and gas industry believes in.

“I am confident she is going to work with the industry to attract investors to the country but also create an enabling environment for investors. I urge the international oil industry to support this strong ally by investing big in the country’s oil and gas industry,” he notes.

Under efforts to unlock the potential of its offshore acreage, The Gambia is actively opening its upstream sector to global exploration companies. The country currently has more than eight offshore blocks and two onshore blocks available for investment, positioning it as one of the most accessible frontier markets in West Africa. Approximately 80% of offshore seismic and geological data has already been acquired, significantly reducing exploration risk and enabling faster decision-making for operators considering entry into the market.

The Gambia’s investment proposition is further strengthened by its strategic location within the MSGBC Basin, one of the world’s most promising offshore hydrocarbon provinces. The basin has delivered world-class discoveries in neighboring countries, including Senegal’s Sangomar oilfield and the cross-border Greater Tortue Ahmeyim development shared by Senegal and Mauritania. Geological similarities across the basin underscore the potential for comparable discoveries in Gambian waters.

Beyond geology, regulatory reform is emerging as a key pillar of The Gambia’s upstream strategy. The government is in the process of finalizing a new Petroleum Exploration, Development & Production Bill aimed at enhancing transparency, efficiency and investor confidence. The legislation is expected to complement broader reforms to upstream regulations, aligning the country’s legal framework with international best practices and improving the overall operating environment for foreign investors. Against this backdrop, Jobe’s appointment becomes increasingly strategic, providing the experienced leadership required to translate The Gambia’s geological potential, growing data coverage and regulatory reforms into concrete exploration commitments and sustained upstream investment.

“Cany Jobe brings the right mix of technical expertise, international experience and strategic vision to position The Gambia as a competitive upstream destination. Her leadership will be instrumental in promoting the country’s acreage, engaging investors and ensuring that The Gambia fully capitalizes on its location in the MSGBC basin. This appointment demonstrates the government’s seriousness about attracting investment and building a world-class petroleum sector,” Ayuk states.

Distributed by APO Group on behalf of African Energy Chamber.

 

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Africa Launches the First Pan-African Pact for Insurance Inclusion

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June 23, 2026

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400 decision-makers gathered in Cotonou to accelerate access to insurance and contribute to doubling insurance penetration by 2040

DAKAR, Senegal, June 23, 2026/APO Group/ –Faced with a major paradox representing nearly 19% of the world’s population while accounting for less than 1% of global insurance premiums African insurance stakeholders are mobilizing.

 

From July 6 to 8, 2026, the Federation of African National Insurance Companies (FANAF) will organize the General Assembly on Insurance for All at the Sofitel Hotel in Cotonou, Benin, a major pan-African gathering dedicated to inclusive insurance.

The event will bring together nearly 400 African decision-makers from governments, regulatory and supervisory authorities, insurance and reinsurance companies, financial institutions, development banks, technical and financial partners, as well as professional organizations from across the continent.

The ambition is clear: to foster a shared vision and concrete commitments aimed at accelerating access to insurance for African populations while strengthening the sector’s contribution to the continent’s economic and social development priorities.

The discussions will culminate in the adoption of the Pan-African Pact for Insurance Inclusion and a 2026–2030 Strategic Action Plan, designed to structure collective action around an ambitious objective: contributing to the doubling of insurance penetration across the FANAF region by 2040.

An Economic, Social and Development Imperative

Within the CIMA zone, insurance penetration remains below 1% of GDP, compared to more than 6% globally.

As a result, millions of households, farmers, entrepreneurs, SMEs and informal sector actors remain deprived of essential protection mechanisms against health, climate, economic and social risks.

For FANAF, this reality now constitutes a major development challenge.

Africa cannot build sustainable growth without strengthening protection mechanisms for its populations, businesses and investments

“Africa cannot build sustainable growth without strengthening protection mechanisms for its populations, businesses and investments. The Cotonou General Assembly must mark the starting point of a new continental ambition for African insurance and its role in the continent’s economic transformation,” said Mamadou Koné, President of FANAF.

Beyond Insurance: A Driver of Continental Transformation

For FANAF, insurance is no longer merely a risk coverage mechanism. It is also a strategic lever for economic resilience, savings mobilization, investment security, SME financing, support for climate transitions and the strengthening of financial inclusion.

Through this General Assembly, FANAF seeks to reposition insurance as a key stakeholder in Africa’s economic, social and financial transformation.

A Pact to Accelerate Action

The conclusions of the General Assembly will lead to the adoption of the Pan-African Pact for Insurance Inclusion, a reference framework intended to mobilize governments, regulators, market players, financial institutions and development partners around shared objectives.

The Pact will be accompanied by a 2026–2030 Strategic Action Plan defining priority intervention areas, coordination mechanisms and monitoring arrangements for the commitments undertaken.

A broad mobilization of public, private and financial partners will support its implementation in order to translate commitments into tangible results for African populations and economies.

Cotonou 2026: Building a Shared Vision

Beyond the insurance sector, the General Assembly aims to create an unprecedented platform for dialogue between governments, regulators, investors, financial institutions, technical partners and market actors in order to identify the levers needed to accelerate insurance inclusion across the continent.

Holding this event in Benin reflects the country’s broader economic and financial transformation momentum and illustrates the collective determination of African stakeholders to develop solutions tailored to the continent’s realities.

Through this initiative, FANAF intends to make Cotonou 2026 a defining moment for the future of African insurance and the starting point of a lasting continental mobilization in favor of insurance inclusion.

Distributed by APO Group on behalf of Fédération des Sociétés d’Assurances de Droit National Africaines (FANAF).

 

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Flat6Labs and International Finance Corporation (IFC) Launch StartAlgeria, a Capacity-Building Program Designed to Empower the Organizations Progressing Algeria’s Startup Ecosystem

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June 23, 2026

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StartAlgeria comes at a key moment for Algeria’s entrepreneurship landscape, shifting the focus toward improving how the ESOs operate by providing them with international best practices

ALGIERS, Algeria, June 23, 2026/APO Group/ –Flat6Labs (www.Flat6Labs.com) and IFC in collaboration with the Ministry of Knowledge Economy, Startups and Micro-Enterprises are launching StartAlgeria, a capacity-building program that puts Entrepreneur Support Organizations (ESOs) at the forefront of Algeria’s ecosystem future. The program is designed to equip Algerian ESOs reinforcing pre-seed and seed-stage startups with the expertise, frameworks, and networks needed to contribute to a stronger, more competitive entrepreneurship ecosystem in Algeria and expand into global markets.

 

StartAlgeria comes at a key moment for Algeria’s entrepreneurship landscape, shifting the focus toward improving how the ESOs operate by providing them with international best practices adapted to each organization’s needs, a community-driven approach that focuses on peer learning, and facilitating connections with investors, policymakers, and key stakeholders.

Algeria’s entrepreneurial community is among the most dynamic and vibrant in the region, and the potential is not just real, it is ready to scale

StartAlgeria will pilot a first cohort focusing on incubators in the capital, Algiers. Following a call for application, the selected ESOs will go through a structured program comprising workshops and masterclasses covering key areas such as startup selection, program design and delivery, and investment readiness. In addition to the core program, participating ESOs will benefit from 6months of post-program mentorship, focusing on areas such as fundraising strategy, partnership development, financial sustainability, and program improvement. This sustained engagement’s goal is to provide a lasting impact in how Algerian ESOs operate and what they’re able to offer the startups they champion.

Yehia Houry, CEO of Flat6Labs, shares “Algeria’s startup ecosystem is demonstrating remarkable potential and a rapidly growing level of maturity, driven by an ambitious new generation of founders, increasing institutional support, and a strong national commitment to innovation and entrepreneurship. The opportunity today lies in further empowering entrepreneurship support organizations to match this momentum by strengthening their ability to identify and nurture high-potential startups, deliver impactful and results-driven programs, and create stronger connections between entrepreneurs and sources of capital. With the right support structures in place, Algeria is well positioned to become one of the leading innovation hubs in the region.”

“Algeria’s entrepreneurial community is among the most dynamic and vibrant in the region, and the potential is not just real, it is ready to scale. Through StartAlgeria, we are committed to ensuring that the organizations standing behind founders are equipped with the tools, frameworks, and expertise to take them from early ideas to investment-ready ventures. This program is a direct expression of IFC’s long-term confidence in Algeria’s private sector and in the ecosystem’s capacity to produce the next generation of high-impact companies.” underscored Cemile Hacibeyoglu Ceren, WBG Resident Representative in Algeria.

“The launch of StartAlgeria marks an important step in reinforcing Algeria’s startup support ecosystem. By strengthening the capabilities of Entrepreneur Support Organizations, we are investing in the long-term growth, resilience, and international competitiveness of Algerian startups. This initiative reflects our shared ambition to build a dynamic innovation-driven economy and create new opportunities for entrepreneurs across the country,” said H.E Mr. Noureddine Ouadah, Minister of Knowledge Economy, Startups and Micro-Enterprises.

This IFC program is implemented in partnership with the Government of the Netherlands.

Distributed by APO Group on behalf of Flat6Labs.

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Hong Kong unlocks new opportunities with Central Asia

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7 hours ago

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June 23, 2026

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HONG KONG SAR – Media OutReach Newswire – 23 June 2026 – Led by Chief Executive of the Hong Kong Special Administrative Region (HKSAR), John Lee, a high-level delegation visit to Kazakhstan and Uzbekistan (May 31 – June 5) is already paying dividends, forging fresh opportunities to deepen ties between Central Asia, Hong Kong and the Chinese Mainland.

The business delegation comprised over 70 representatives from Hong Kong and Mainland enterprises of various sectors.

During the visit, 96 bilateral memoranda of understanding and agreements were reached, including a total of 15 co-operation documents at the government level between Kazakhstan and Uzbekistan respectively.

“The examples of agreements and co-operation are just so abundant that they range from the service sector to heavy industries such as mining and infrastructure development,” Mr Lee said. “I think the sky is the limit.”

The multiple outcomes achieved during the trip demonstrate Hong Kong’s role as a functional platform for the Belt and Road (B&R) Initiative, as the city actively plays its roles as a “super connector” and “super value-adder” to promote broader and deeper co-operation between the two places and establish a hub-to-hub co-operation model.

“Kazakhstan is an important commercial and logistics hub connecting China and Europe. It is also the place where the Belt and Road Initiative was first proposed, and is Hong Kong’s largest trading partner in Central Asia. There are broad prospects for further co-operation,” Mr Lee said, adding that a lot of B&R projects are also being pursued in Uzbekistan.

“For example, Uzbekistan sits in the heart of the corridor of Asia and Europe, so logistical development, railway development, and also how we can complement and supplement each other in cargo handling will be an area for a very wide range of co-operation.”

The Chief Executive also encouraged companies in Central Asia to leverage Hong Kong’s advantages under the “one country, two systems” principle.

“Under this unique principle, Hong Kong has its own economic, social, legal, legislative and judicial systems. We are the only common law jurisdiction in China. We have our own currency, with no capital or foreign exchange controls. We are, as well, a separate customs territory,” Mr Lee said.

Building on the positive outcomes from the delegation’s mission to Central Asia, Mr Lee welcomed the Deputy Prime Minister of Kazakhstan, Kanat Bozumbayev, to Hong Kong (June 10) and they both attended the Alatau City Investment Round Table (June 11).

Speaking at the event, Mr Lee said Hong Kong could contribute to the future success of Kazakhstan’s innovative, high-tech Alatau City in three concrete ways: as a gateway to global capital; a gateway to the Chinese Mainland and the Greater Bay Area; and as a partner in talent and technology.

“We share a development vision with Alatau City and Kazakhstan,” Mr Lee said, “Today, right here, right now, is a golden opportunity to bring our two economies closer together.”

He looked forward to Hong Kong and Kazakhstan achieving complementary advantages and co-ordinated development across different sectors and welcomed enterprises in Kazakhstan to make good use of Hong Kong’s premier financial and innovation and technology platforms, as well as its world-leading professional services, to explore more business opportunities.

 

 

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