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Libya’s New Minister of Oil & Gas to Discuss 2025 Bid Round, Gas Monetization Plans at African Energy Week (AEW) 2024

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African Energy Week

Appointed in April, Minister of Oil & Gas Dr. Khalifa Abdulsadek will outline the country’s exploration and development agenda at African Energy Week: Invest in African Energy 2024

CAPE TOWN, South Africa, September 4, 2024/APO Group/ — 

Ahead of an anticipated 2025 oil and gas licensing round, Libya is looking to attract foreign investment to its onshore exploration prospects and production infrastructure. Dr. Khalifa Abdulsadek, newly-appointed Minister of Oil & Gas of Libya, will deliver a keynote address at the African Energy Week (AEW): Invest in African Energy conference in Cape Town, outlining the development agenda of one of Africa’s most historic oil producers.  

Libya has set a target to produce two million barrels of oil and four billion cubic feet of natural gas per day within the next three to five years. To achieve this goal, the country is investing between $17 and $18 billion to develop 45 greenfield and brownfield projects, coupled with ongoing exploration campaigns and a recent onshore gas discovery by Sirte Oil. In addition, Libya is preparing to launch an oil and gas licensing round in the Murzuq, Ghadames and Sirte basins in early-2025 and has already attracted interest from more than 30 companies in its marginal assets alone. Appointed as Minister of Oil & Gas in April 2024, Dr. Abdulsadek contributes over 20 years of experience in the oil and gas sector and is set to guide Libya on its path to increased production, having previously served as the CEO of local service provider Murzuq Oil Services and Member of Libya’s National Oil Corporation (NOC) Board of Directors for Exploration.  

As one of the most historic producers in Africa, Libya is revamping its upstream sector by targeting untapped gas supplies to take advantage of rising gas demand in nearby-Europe

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. 

To support gas production and eliminate routine flaring, Libya is launching a robust gas monetization drive. In 2023, NOC and Italian multinational Eni signed an $8-billion gas production deal to develop two offshore gas fields – Structures A & E – with a view to producing 750 million cubic feet of gas per day. The project represents the first major offshore development in Libya in more than two decades and is set to increase gas supply to domestic and European markets when it comes online in 2026. A consortium comprising Eni, France’s TotalEnergies and Abu Dhabi National Oil Company is also developing and exploring oil and gas fields in the NC-7 block in the Ghadames Basin, targeting 2.7 trillion cubic feet of gas to boost domestic production. Finally, Libya is spearheading 12 new projects to reduce and convert flared gas to green ammonia and power for export, and is currently seeking technical and financial partners to advance decarbonization initiatives.   

“As one of the most historic producers in Africa, Libya is revamping its upstream sector by targeting untapped gas supplies to take advantage of rising gas demand in nearby-Europe, coupled with ongoing exploration campaigns and a 2025 bid round that invites new participants. Minister Abdulsadek is already demonstrating a resolute commitment to showcasing a ‘New Libya’ to the international energy community through his participation at this year’s AEW conference,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.  

Ongoing exploration and development opportunities in the continent’s mature markets – including Libya – will be a key focus of the upcoming AEW: Invest in African Energy conference taking place on November 4-8. With the confirmation of Minister Dr. Abdulsadek, the event is expected to feature a high-level delegation of Libyan policymakers and business leaders seeking to connect with global investors and technology and service providers and unlock Libya’s investment prospects.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Seychelles Targets Energy Investment Push as Minister Jérémie Joins African Energy Week (AEW) 2026 as a Speaker

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African Energy Chamber

Seychelles energy minister will speak at AEW 2026, positioning her to highlight reforms, renewable projects and investment opportunities as the island nation advances its transition toward a diversified energy system

CAPE TOWN, South Africa, April 29, 2026/APO Group/ –Marie-May Jérémie, Minister of Environment, Climate, Energy and Natural Resources for Seychelles will participate as a speaker at this year’s African Energy Week (AEW) 2026, taking place from October 12–16 in Cape Town. Her participation underscores the country’s growing role in shaping Africa’s small-island energy transition agenda.

Minister Jérémie’s presence at AEW 2026 comes at a critical time as Seychelles accelerates efforts to reduce its heavy reliance on imported fossil fuels. The event provides a platform to attract investment, strengthen policy alignment and showcase bankable projects, positioning the country as a viable destination for private-sector participation in island energy systems.

Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments

In May last year, international finance institution the World Bank approved the Renewable Energy Acceleration Program, a seven-year initiative aimed at modernizing the grid and increasing renewable energy penetration to 15% by 2030. The program focuses on unlocking private capital while strengthening transmission infrastructure to accommodate variable renewable energy sources.

Project development is gaining traction in the country, particularly in innovative technologies suited to Seychelles’ land constraints. The 5.8 MW Seysun Lagoon floating solar PV project, developed by independent renewable power producer Qair, is under construction and expected online in 2026.

Alongside renewables, Seychelles continues to pursue upstream opportunities to diversify its economy. The government approved new exploration entrants in 2025 and extended exiting petroleum agreements, while securing an infrastructure partnership with China. Multilateral estimates suggest over $800 million in investment will be required over the next 25 years.

Regulatory reform is central to this transition, with Seychelles introducing an independent power producer framework to open the market to private developers. Standardized power purchase agreements, grid access reforms and strengthened public-private partnership structures are being implemented to improve transparency, reduce risk and accelerate project bankability across solar, storage and emerging wind opportunities.

“Minister Jérémie’s participation highlights the strategic importance of island nations in Africa’s broader energy transition,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments. Her insights will be critical to advancing dialogue on resilient, low-carbon energy systems across the continent.”

Distributed by APO Group on behalf of African Energy Chamber.

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Canada–Africa Financing Forum to Convene Investors and Decision-Makers in Cape Town – May 14, 2026

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Ateau Zola

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships

TORONTO, Canada, April 29, 2026/APO Group/ –The Canada–Africa Chamber of Business (https://CanadaAfrica.ca) will convene investors, financiers, policymakers, and industry leaders in Cape Town on May 14, 2026 for the Canada–Africa Financing Forum—a high-level platform focused on unlocking capital and accelerating deal flow across African markets.

Registration is open (http://apo-opa.co/4vZN6oV)

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships. The program connects leaders from venture capital, private equity, and institutional investors to examine where capital is moving—and where the next opportunities lie—supported by Canadian project partners with proven capacity to deliver on-the-ground.

Delegates will engage directly with finance and investment decision-makers, following the program opening, featuring messages from President Cyril Ramaphosa and Prime Minister Mark Carney, in addition to high-level Ministerial representation.

This Forum is about capital deployment, not just conversation

“This Forum is about capital deployment, not just conversation,” said Garreth Bloor, President of the Canada–Africa Chamber of Business. “We are convening investors, institutions, and project leaders who are actively shaping transactions across Africa—and connecting them directly with Canadian partners who are ready to work together.”

The Canada–Africa Financing Forum reflects the Chamber’s role as a privately financed, market-led platform advancing Canada-Africa trade and investment through world-class networking and information-sharing events.

Why Attend

  • Direct access to active dealmakers and capital allocators
  • Insights into where capital is being deployed and key players delivering major projects
  • Opportunities to build partnerships across Canada and African markets
  • Participation in a curated, high-level environment focused on execution

Secure Your Place

Space is limited and demand is strong.

Apply to secure your place (http://apo-opa.co/4vXb9oz)

Read More and View the Program (http://apo-opa.co/4vZN6oV)

Distributed by APO Group on behalf of The Canada-Africa Chamber of Business.

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ORUN and 1xBET Partner to Support a Dynamic Creative Africa

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MIR Holding

During the MASA 2026 edition, held from April 11 to 18, 2026, ORUN and 1xBET implemented the We Champion Talent program, an initiative aimed at promoting African talent and advancing the development of Cultural and Creative Industries (CCIs)

ABIDJAN, Ivory Coast, April 28, 2026/APO Group/ –As part of the Innovation Village co-organized with MASA at the Palais de la Culture in Abidjan from April 14 to 18, ORUN (https://ORUN.Africa) announces the rollout of its partnership with 1xBET to support a creative Africa that is structuring itself, professionalizing, and scaling across the continent.

We aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency

Designed as a space of convergence between heritage, innovation, and knowledge transmission, the Innovation Village features scenography crafted by Ivorian artisans, a program of panels and masterclasses on creative industries, an immersive experience produced by Orun Studios, and a major institutional highlight on April 17. Its narrative platform is built around three pillars: memory, structure, and transmission. The initiative aims to position cultural and creative industries as an economic driver for the continent.

“The Innovation Village was conceived as an act of construction. By partnering with organizations such as 1xBET, we aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency,” said Habyba Thiero, CEO of Africa Currency Network and President of ORUN.

This vision aligns with ORUN’s broader ambition to produce, structure, and internationalize African creative industries through events, content, and strategic partnerships.

Distributed by APO Group on behalf of ORUN, part of African Currency Network (ACN).

 

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