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Invest in African Energies Reception in Rio de Janeiro to Spotlight Brazil-Africa Energy Opportunities

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Rio de Janeiro

The event, taking place on January 30, is part of a working visit by the African Energy Chamber to Brazil, promoting the Invest in African Energy 2025 Forum in Paris and highlighting Brazil-Africa energy investment and cooperation opportunities

RIO DE JANEIRO, Brazil, January 15, 2025/APO Group/ — 

The African Energy Chamber (AEC) (www.EnergyChamber.org) is set to host the Invest in African Energies Reception on January 30, 2025, at the iconic Copacabana Palace in Rio de Janeiro. Scheduled from 18:30 to 22:00, this exclusive networking event forms part of the AEC’s week-long working visit to Brazil, taking place from January 28-31.  

The Reception will spotlight Brazil-Africa energy investment opportunities, highlighting the pivotal contributions of state-owned Petrobras, leading IOCs and Brazil’s independent oil and gas producers in advancing cross-continental collaboration. Petrobras is actively pursuing opportunities in South Africa, Namibia and Angola, including a planned 40% stake acquisition in Namibia’s Mopane oil and gas exploration block. With advanced deepwater expertise refined in Brazil’s Campos and Santos Basins, Petrobras is well-positioned to drive transformative progress in Africa’s offshore developments, including strategic projects in the Orange Basin. 

Adding to Petrobras’ leadership are Brazil’s independent producers, whose rise has been fueled by Petrobras’ divestment program. Companies like PRIO, 3R Petroleum, Enauta and PetroRecôncavo have demonstrated expertise in revitalizing mature fields, optimizing production systems and employing advanced extraction technologies. Their capabilities in upstream operations, from field rejuvenation to long-term asset management, offer valuable insights and solutions for Africa’s onshore and offshore energy developments. Together, these players exemplify how Brazil’s energy sector can provide the technical skills and investment strategies needed to unlock Africa’s energy potential. 

The Invest in African Energies Reception in the vibrant city of Rio de Janeiro provides a valuable platform to strengthen Brazil-Africa ties

Brazil’s energy landscape is also shaped by IOCs including ExxonMobil, bp, Shell and TotalEnergies, each with established portfolios in Brazil’s pre-salt basins. TotalEnergies is in discussions with Petrobras to collaborate on projects outside Brazil, targeting regions such as Namibia, Angola and Suriname. TotalEnergies’ growing global strategy, which includes a robust $50-$60 per barrel benchmark for approving new oil projects, highlights synergies that could connect Brazil’s offshore expertise to Africa’s developing resources. Notably, TotalEnergies and Petrobras already collaborate on Brazil’s fast-expanding Mero project in the pre-salt region, setting a precedent for successful partnerships. As Petrobras signals readiness to explore opportunities across the Atlantic Basin, joint initiatives with IOCs could catalyze transformative projects in Africa’s upstream sector. 

As a precursor to African Energy Week (AEW): Invest in African Energies 2025, the Rio de Janeiro Reception will promote the next edition of this landmark event, scheduled to take place from September 29 to October 3 in Cape Town. AEW: Invest in African Energies is the premier gathering for the continent’s energy sector, bringing together global energy stakeholders, project developers and policymakers to expand Africa’s investor base, catalyze new sources of capital, and foster strategic partnerships. Meanwhile, the Invest in African Energy Forum, set for May 13-14, 2025, in Paris, will serve as another critical platform for highlighting Africa’s energy potential, connecting industry leaders with lucrative investment opportunities, and further advancing the objectives of these key energy events. 

As Brazil prepares for this year’s COP, it is seizing the opportunity to foster collaboration among Brazilian authorities and African stakeholders, with a focus on promoting a just transition to a sustainable energy future by leveraging Brazil’s thriving energy industry. Companies like the Namibia Energy Corporation and Brazilian service providers are already collaborating to develop new fields, showcasing the potential for impactful partnerships. Efforts are also underway to engage additional companies and identify key Brazilian players who can drive meaningful change in advancing energy solutions for both Brazil and Africa. 

“The Invest in African Energies Reception in the vibrant city of Rio de Janeiro provides a valuable platform to strengthen Brazil-Africa ties, building on Petrobras’ renewed focus on Africa to drive mutual growth. It also paves the way for high-level discussions and deal-signings in Cape Town and Paris, where Africa’s most compelling investment opportunities will be presented to leading energy players and the global investment community,” says NJ Ayuk, Executive Chairman of the AEC. 

Taking place on January 30, 2025, the Invest in African Energies Networking Reception will be held at the Copacabana Palace in Rio de Janeiro. Register now at https://apo-opa.co/3Ci1WQw

Distributed by APO Group on behalf of African Energy Chamber.

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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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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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