The Invest in African Energy Forum Paris will foster new opportunities for African countries to shift their investment trends from dependency to collaboration
JOHANNESBURG, South Africa, May 16, 2023/APO Group/ —
As Africa seeks to propel its economic growth and tap into the vast potential of its energy sector, a significant shift is underway, moving investment trends from foreign aid to mutually beneficial commercial relationships with Europe. The upcoming Invest in African Energy Forum in Paris – taking place on June 1 and spearheaded by the African Energy Chamber (http://www.EnergyChamber.org) – serves as a pivotal moment, connecting European investors and project developers to emerging opportunities across Africa’s energy landscape, encompassing oil and gas as well as renewable energy projects.
Historically, Africa’s energy sector has been heavily reliant on foreign aid and external support, leaving the continent at risk to the policies and investment trends associated with the international community. While this type of capital has been instrumental in developing projects across the renewable energy and broader power sector spaces, Africa’s oil and gas has struggled to gain traction as global capital shifts towards cleaner sources of fuel. Africa’s vast reserves of 620 trillion cubic feet of gas and 125.3 billion barrels of oil not only offer the critical opportunity for the continent to make energy poverty history by 2030, spurring industrialization and sustainable economic growth, but present the chance for Africa to shift from aid dependency to collaborative relationships in the energy sector.
An example is the development of the East African Crude Oil Pipeline (EACOP), a 1,143km pipeline connecting Uganda’s Tilenga and Kingfisher oilfields to international markets via the Tanga Port in Tanzania. Faced with fierce opposition from environmental activists, Western financial institutions have withdrawn their commitment to the project. Now, the EACOP is turning to China to fulfil its capital requirements, and with the lucrative proposal, the country is expected to respond.
Stepping into this picture, the Invest in African Energy Forum in Paris serves as a unique platform for European investors and African executives to explore potential collaborations, shifting focus from foreign aid to mutually beneficial commercial relationships. By bringing together industry leaders, policymakers, financiers, and project developers, the forum fosters dialogue, knowledge exchange, and relationship building. Participants will discuss innovative investment models, strategic partnerships, and joint ventures that can address Africa’s energy needs while providing profitable opportunities for European investors.
These collaborations drive job creation, enhance local capacity, and position Africa as a key player in the global renewable energy sector
Representing one of the final frontiers for oil and gas, Africa is ripe with commercial opportunity. On the oil and gas front, international energy companies are shifting the landscape of Africa’s oil and gas industry from one of dependency on foreign aid to one of investment and collaboration. They are actively investing in the region, developing offshore fields, onshore facilities and large-scale infrastructure projects. As an example, French major TotalEnergies has collaborated with governments in projects such as the EACOP, Mozambique’s Liquefied Natural Gas (LNG) project as well as upstream activities in Namibia’s Orange Basin. These partnerships drive sustainable energy developments, increase energy access and industrialization in Africa while offering high returns on investment for the company. The Paris forum thereby provides an opportunity for more French and European companies to have a hand in transforming the African energy sector to a mutually beneficial commercial relationship.
Regarding renewable sources, abundant resources and a commitment to clean energy in Africa create attractive opportunities for investors. By promoting and strengthening existing collaborations between European investors – who possess expertise in clean technologies as well as capital – and African executives, the forum will accelerate the development of renewable energy infrastructure in Africa. These collaborations drive job creation, enhance local capacity, and position Africa as a key player in the global renewable energy sector.
Shifting investment trends towards commercial relationships between Africa and Europe also facilitates economic cooperation on a broader scale. European investors bring expertise, technology, and investments to Africa’s energy projects, stimulating job creation, knowledge transfer, and local capacity building. This not only benefits African economies but also opens new markets and business opportunities for European companies, fostering economic growth and trade between the two regions.
The Invest in African Energy Forum in Paris serves as a platform for fostering mutually beneficial commercial partnerships, reducing aid dependency, and promoting investment opportunities across the African energy sector. Through networking, presentations, and panel discussions, the forum enables delegates to connect, explore new business prospects, and collaborate. By facilitating knowledge sharing and providing valuable insights, the forum paves the way for European companies and financiers to enter the African market, establishing a foundation for long-term engagement and sustainable growth.
The African Energy Chamber welcomes Perenco Cameroon and Perenco Gabon’s partnership with UCAC-ICAM to launch an Industry 4.0 lab, advancing local skills development and strengthening Africa’s industrial future
JOHANNESBURG, South Africa, April 9, 2026/APO Group/ –A new partnership between Perenco Cameroon, Perenco Gabon and the UCAC-ICAM Institute in Douala to establish an Industry 4.0 laboratory marks a significant step toward aligning academic training with the evolving needs of the energy and industrial sectors. The facility will give students access to advanced automation, digital simulation and smart production technologies, helping close the gap between academic learning and the practical, industry-ready skills required across Central Africa’s industrial landscape.
As the voice of Africa’s energy sector, the African Energy Chamber (AEC) welcomes the initiative as a scalable model for local content development. By equipping students with Industry 4.0 capabilities, the laboratory directly supports the Chamber’s mandate to ensure greater in-country value creation and workforce participation across Africa’s energy value chain. The initiative also addresses critical skills shortages, enabling operators to increasingly rely on locally trained talent.
Developing local skills is fundamental to building a competitive and sustainable energy sector in Africa
The partnership underscores Perenco’s long-term commitment to sustainable development and capacity building in Cameroon and Gabon. Designed as a mini-factory, the UCAC-ICAM laboratory enables students to engage with real-world industrial tools and processes. This hands-on approach will support the development of engineers and technicians capable of contributing to key projects, including operations in the Rio del Rey Basin and infrastructure developments such as the Cap Lopez LNG terminal in Gabon.
Students across multiple disciplines will benefit from hands-on exposure to the lab’s advanced technologies. General Engineering students will train using robotic systems and virtual reality simulations, while Computer Science Engineering students will focus on industrial IoT and smart technologies. Process Engineering students will gain experience in automated production systems, and Petroleum program students will develop expertise in energy systems and instrumentation control. Graduates from UCAC-ICAM are being actively recruited by leading companies operating in Douala, reflecting growing demand for locally trained, industry-ready talent.
“Developing local skills is fundamental to building a competitive and sustainable energy sector in Africa,” says NJ Ayuk, Executive Chairman of the AEC. “This partnership demonstrates how industry and academia can work together to create a highly skilled workforce that will drive Africa’s industrialization and energy future. It is exactly the type of initiative needed to ensure Africans play a leading role in developing the continent’s resources.”
The UCAC-ICAM laboratory represents a strategic investment in Africa’s industrial and energy future. By strengthening local capacity, advancing technology adoption and supporting independent operators, the initiative aligns with the AEC’s broader vision of a self-sufficient and globally competitive African energy sector.
Distributed by APO Group on behalf of African Energy Chamber.
STS Association and DLMS User Association sign landmark Liaison Agreement to advance interoperable, secure and future-ready metering systems
CAPE TOWN, South Africa, April 9, 2026/APO Group/ –The recent Liaison Agreement between the STS Association and the DLMS User Association marks a pivotal step in the evolution of interoperable, secure and future-ready metering systems. By aligning STS token technology with the widely adopted DLMS/COSEM framework, this collaboration is set to bridge the gap between legacy infrastructure and next-generation smart metering. The partnership reflects a shared vision to enhance interoperability, strengthen smart prepayment integration, and unlock greater value across the global metering ecosystem.
STS Association, in partnership with ESI Africa (part of VUKA Group), and DLMS User Association, is hosting a free webinar on this topic:
Industry experts will unpack how this strategic alignment enables seamless integration between your trusted prepayment systems and advanced data exchange protocols. Attendees will gain insight into:
How STS tokens can be securely transported using DLMS/COSEM
The role of Generic Companion Profiles in enabling interoperability
How coordinated roadmaps will shape the future of token technology and smart metering
The expanding application of these standards beyond electricity into water, gas and time metering
Practical benefits for utilities, manufacturers and system integrators navigating the transition from legacy to smart environments
Introducing the Panel
Lance Hawkins-Dady – STSA Board Chairman
Franco Pucci – STSA Technical Consultant
Don Taylor – STSA Independent Director
Sergio Lazzarotto – DLMS User Association, President
Join STS Association and ESI Africa to explore how this landmark collaboration is securing the bridge between legacy systems and smart innovation. Discover how aligned standards can simplify integration, enhance security and future-proof your metering strategy.
The upcoming African Mining Week 2026 – taking place from October 14-16 in Cape Town – will connect global investors with prospects within the lithium industry amidst an anticipated resource supply deficit by 2028
CAPE TOWN, South Africa, April 9, 2026/APO Group/ –Rising demand for lithium is positioning Africa to attract foreign investment, accelerate local beneficiation and strengthen its role in securing the global battery supply chain. A recent forecast by Wood Mackenzie projects that global lithium demand could exceed 13 million tons by 2050 under an accelerated energy transition scenario. This surge is expected to place significant pressure on supply, with deficits emerging as early as 2028. Without substantial new investments, existing lithium projects will struggle to meet demand beyond the mid-2030s.
Against this backdrop, Africa’s growing pipeline of greenfield and development-stage lithium projects positions the continent as an increasingly important contributor to global supply security. In 2025, Africa ranked as the largest source of new lithium supply globally, with new output from the region exceeding that of the rest of the world combined. This milestone underscores the continent’s potential to scale production and strengthen its role in the global battery minerals market.
Even under a slower energy transition scenario, Wood Mackenzie projects that lithium markets will remain adequately supplied until 2037, before entering deficit. This outlook reinforces Africa’s strategic role as new projects across Mali, Zimbabwe, Ghana and Namibia advance toward production.
In the Democratic Republic of the Congo (DRC), Zijin Mining, AVZ Minerals and KoBold Metals are expected to begin operations at the Manono lithium project in mid-to-late 2026, marking the country’s first lithium output. Ranked among the world’s largest hard-rock lithium deposits, Manono is expected to begin exports shortly after commissioning, diversifying DRC’s mineral output while strengthening the continent`s contribution to the global electric vehicles and battery supply chain.
Mali Emerges as a Regional Lithium Hub
Mali is also rapidly positioning itself as a key lithium producer. The Bougouni Lithium Project, commissioned in 2025, currently produces approximately 125,000 tons per annum of concentrate, with Phase Two expansion plans underway that could nearly double production capacity.
Meanwhile, the Goulamina Lithium Project, one of the largest spodumene deposits globally, is producing around 506,000 tons of spodumene concentrate annually, with expansion plans targeting one million tons per year. Together, these projects are expected to significantly strengthen Mali and Africa’s position within the global lithium market.
Ghana and Zimbabwe Expand Lithium Production and Value Addition
In Ghana, the Ewoyaa Lithium Project, developed by Atlantic Lithium, is set to become the country’s first lithium-producing mine, with production targeted for late 2027. The project is expected to produce 3.58 million tons of spodumene concentrate grading 6% and 5.5%, alongside approximately 4.7 million tons of secondary product, further strengthening Africa’s contribution to global lithium supply.
Meanwhile, Zimbabwe – currently Africa’s largest lithium producer – is accelerating efforts to move up the value chain. Government policies restricting the export of raw lithium are encouraging investment in local processing and beneficiation facilities, supporting the production of higher-value lithium products and positioning the country as a key supplier to the global battery materials market.
Investment Momentum Builds Ahead of African Mining Week
With an estimated $276 billion in new investment required to avoid the forecast supply deficits beginning in 2028, Africa’s lithium-rich countries are well positioned to attract the capital needed to expand production and downstream processing.
In this context, African Mining Week 2026 – scheduled for October 14–16 in Cape Town – will serve as a key platform for global investors, project developers and policymakers to engage on opportunities within Africa’s lithium sector. As the continent’s premier mining investment event, the conference will feature high-level discussions, project showcases and strategic networking sessions aimed at accelerating partnerships across the lithium value chain.
Distributed by APO Group on behalf of Energy Capital & Power.
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