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Kosmos Energy Returns to African Energy Week: Invest in African Energy 2024 as a Diamond Sponsor

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African Energy Chamber

Kosmos Energy’s participation in this year’s AEW: Invest in African Energy marks its third consecutive year of participating, with the company advocating for inclusive strategies regarding Africa’s pathway to eliminating energy poverty

CAPE TOWN, South Africa, April 12, 2024/APO Group/ — 

Africa’s abundant hydrocarbon reserves, comprising approximately 125.3 billion barrels of crude oil and 620 trillion cubic feet of proven gas, offer lucrative investment opportunities for global E&P players and serve as a cornerstone for achieving the continent’s industrialization objectives.

As African nations collaborate with global E&P firms possessing both financial resources and technical expertise to maximize the development and utilization of these reserves, forming alliances with companies like the U.S.-based global energy firm Kosmos Energy becomes indispensable.

In line with its commitment to catalyzing investment for the sustainable advancement of the African energy sector, Kosmos Energy has joined as a diamond sponsor at this year’s African Energy Week (AEW): Invest in African Energy conference.

Kosmos Energy’s activities across the African market have played a pivotal role in stabilizing investment flows within the continent’s oil and gas industry

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Kosmos Energy’s participation in this year’s AEW: Invest in African Energy marks its third consecutive year of participating, with the company advocating for inclusive strategies regarding Africa’s pathway to eliminating energy poverty and shaping global energy security. During this year’s edition, Kosmos Energy will build upon previous discussions, emphasizing its ongoing focus on bolstering investments within the continent. As a leading energy investor in Africa and a trusted partner in oil and gas development, Kosmos Energy continues to influence the stability and growth of African energy markets and economies.

In Senegal and Mauritania, Kosmos Energy has emerged as an investment champion, advancing these nations closer to first gas production through the development of the Greater Tortue Ahmeyim liquified natural gas (LNG) project, slated to commence gas production this year. Kosmos Energy also assumed operatorship of the Yakaar-Teranga project in Senegal in November 2023, underscoring its commitment to driving investments towards unlocking Senegal’s full energy potential. Yakaar-Teranga is one of the world’s largest gas discoveries in recent years and holds around 25 trillion cubic feet (Tcf) of advantaged gas in place. Kosmos Energy has been working closely with PETROSEN and the Government of Senegal on an innovative development concept that prioritizes cost-competitive gas to the rapidly growing domestic market, combined with an offshore liquefied natural gas facility targeting exports into international markets. As concept optimization progresses, the aim is for PETROSEN to participate as an equal partner in the full value chain with a greater working interest.

In Ghana, Kosmos Energy’s investments are pivotal in shaping the stability of the oil and gas industry, with the firm expanding its production in-country through the successful launch of the Jubilee South East Project in 2023. Kosmos Energy is also investing in oil and gas decarbonization solutions at the Jubilee and TEN fields in Ghana, with a target to eliminate routine gas flaring by 2026, highlighting its commitment to helping Africa balance industrialization and environmental sustainability targets at the same time. Additionally, the company continues to support the development of Ghana’s next-generation workforce through initiatives like the Kosmos Innovation Center (https://KICGhana.org/), which helps young entrepreneurs turn their ideas into viable businesses and works alongside promising small businesses to help them reach their full potential.

In Equatorial Guinea, Kosmos Energy continues to make significant strides with investments in optimizing production at the Ceiba and Okume fields, as well as exploration with the Akeng Deep prospect.

“Kosmos Energy’s activities across the African market have played a pivotal role in stabilizing investment flows within the continent’s oil and gas industry. With Africa’s pursuit of sustainable development hinging on the full exploitation of energy resources, investments from companies like Kosmos Energy will be essential in unlocking new opportunities across the energy sector and related industries,” said NJ Ayuk, the Executive Chairman of the African Energy Chamber.

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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Business

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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