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Invictus Chief Executive Officer (CEO) to Expand on Upstream, Investment Dialogue at African Energy Week (AEW) 2023

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Scott Macmillan

Scott Macmillan, the CEO of Invictus Energy will participate as a speaker at the 2023 edition of African Energy Week where the executive will drive high-level dialogue on trends and opportunities within Africa’s upstream sector

JOHANNESBURG, South Africa, June 23, 2023/APO Group/ — 

Scott Macmillan, CEO of independent upstream oil and gas company, Invictus Energy, will participate at this year’s edition of the African Energy Week (AEW) conference and exhibition – Africa’s premier event for the energy sector – which will take place on 16-20 October 2023 in Cape Town.

Following a successful AEW 2022 edition where Macmillan drove dialogue around the company’s exploration activities across the Cabora Bassa Basin in Zimbabwe – the largest undrilled onshore prospect in Africa with an estimated 20 trillion cubic feet of gas and 845 million barrels of oil reserves – he will return to this year’s conference to shape serious conversations around partnership and investment opportunities across Africa’s upstream sector.

Representing one of Africa’s top drilling campaigns in 2023, the presence of Macmillan at AEW 2023 is crucial for highlighting the need for Africa to maximize exploration activities and the potential of the continent’s vast yet untapped hydrocarbon resources in driving energy security, reliability and affordability while accelerating socioeconomic developments.

Africa needs to drill more oil and gas wells, bring new discoveries online to address its energy needs and deliver a just and inclusive energy transition for the population

As the head of Invictus Energy, Macmillan has been instrumental in positioning Zimbabwe as an exploration hotspot with the firm’s SG 4571 drilling campaign targeting conventional gas-condensate in eight stacked rift basins across Zimbabwe’s Muzarabani region.

In February 2023, Invictus Energy – under the leadership of Macmillan – successfully completed the Mukuyu-1 Appraisal well program which indicated the potential for significant gas columns across two rifts. Now, with Invictus Energy set to launch drilling activities for the Mukuyu-2 Appraisal well in 2023 – having already secured the Exalo Drilling Rig 202 to commence operations in 2023 – and seeking partners to forward its exploration campaign, AEW 2023 represents the best platform for Macmillan to network, discuss and sign partnership deals with global exploration firms and energy investors.

“Africa needs to drill more oil and gas wells, bring new discoveries online to address its energy needs and deliver a just and inclusive energy transition for the population. Invictus is doing exactly that and the Chamber is proud to be hosting Scott Macmillan at this year’s AEW conference where discussions with global partners will be centered around best practices for the continent to optimize operations across the entire oil and gas value chain to maximize energy exploration, production and exploitation to make energy poverty history by 2030,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC).

At AEW 2023, Macmillan will participate in high-level panel discussions, exclusive networking sessions and upstream forums to discuss the challenges and opportunities for independent explorers like Invictus Energy across Africa’s burgeoning hydrocarbon industry.

AEW is AEC’s official annual event uniting African energy policymakers, companies and stakeholders with global investors and partners to discuss the future of the continent’s oil and gas industry.

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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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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