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Invest in the Republic of Congo Event at African Energy Week (AEW) 2022 Showcases Hydrocarbon Market Opportunities

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African Energy Week

The Invest in the Republic of Congo side event held during day three of AEW 2022 served to showcase investment opportunities across the central African country’s oil and gas industry

CAPE TOWN, South Africa, October 20, 2022/APO Group/ — 

Hosted by the Ministry of Hydrocarbons of the Republic of Congo and the Central African country’s national oil company, le Société Nationale des Pétroles du Congo (SNPC), and in partnership with the African Energy Chamber (AEC) the Invest in the Republic of Congo session held during the third day of African Energy Week (AEW) 2022 (https://AECWeek.com/) was sponsored by the SNPC, Centurion Law Group, and Golar LNG and featured high-level discussions and networking sessions highlighting the vast opportunities across the Republic of Congo’s energy landscape.

H.E. Bruno Jean-Reichard Itoua, President of OPEC and Minister of Hydrocarbons for the Republic of the Congo provided a detailed overview of the central African country’s oil and gas industry.

“We are expecting good results for the end of this year and for next year and my commitment at the moment is that, based on any license, any well, oil must be produced,” H.E. Minister Itoua stated, adding, “The country is open, and people are very kind, so coming in and investing in the Congo is a very good idea. I think the amount of investment for which companies are now committing is around $10 billion over the next three or four years.”

The Minister went on to discuss the prospect of gas in the Republic of the Congo, indicating that the future of the country will be based on its production and exportation, describing the resource as a prime opportunity for investors to engage with Africa and support the continent’s energy transition. 

“We have decided to bring gas to a new level,” H.E. Minister Itoua continued, noting, “Everyone can see that gas is the best solution for the energy transition for the next few years. Yet, promoting gas has now become the biggest challenge for all oil producing countries, especially for us in Africa.”

We are expecting good results for the end of this year and for next year and my commitment at the moment is that, based on any license, any well, oil must be produced

The session also featured a presentation by Upstream Oil Projects Coordinator at SNPC on the country’s Gas Master Plan, where Odifax Loko discussed how the Republic of the Congo can optimize its gas potential and revitalize its hydrocarbon sector by taking advantage of the country’s 10 trillion cubic feet of natural gas reserves for exports and value creation while powering its domestic market and industrial development.

“The Master Plan’s purpose is to diversify the economy and resolve social issues,” Loko said, adding, “It will bring an integrated institution; buying gas from the producers and selling it at the best price to those who end up with the product.”

During a panel discussion, guest speaker, Richard Moulet, Manager Partner for Congo at law firm, Sutter & Pearce, addressed how the country can improve its measured ranking in governance, business creation, access to land, cross-border operations, and access to credit indices.

“Gas is taken into consideration based on two aspects of production. Natural gas and associated gas and at present, we will need a project – one that can be approved by law – that will take advantage of both aspects,” said Moulet.

Additionally, Independent oil and gas exploration company, Petronor E&P’s Chairman, Eyas Alhomouz, closed the session by divulging the company’s operational experience in the Republic of the Congo, highlighting human capital as one of the most important aspects of doing business in Africa.

“It has been a good experience for us in Congo,” Alhomous stated, adding, “The Republic of the Congo has been good to us and the human capital has been extremely beneficial and building that capacity in the country is important to us as a company.”

Distributed by APO Group on behalf of African Energy Week (AEW).

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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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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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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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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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