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Marathon Oil to Drive Gas Narrative as African Energy Week (AEW) 2022 Silver Sponsor

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Marathon Oil

The US-based independent E&P company will consolidate its position in African energy by coming to African Energy Week 2022 as a silver sponsor

JOHANNESBURG, South Africa, August 30, 2022/APO Group/ — 

Representing the voice of the African energy sector, the African Energy Chamber (AEC) believes in the significant role natural gas will continue to play in Africa. With over 620 trillion cubic feet (tcf) of proven gas resources – a figure that is expected to double as exploration campaigns take off in countries such as Nigeria, Zimbabwe and Namibia – the continent’s gas resources will not only be able to meet domestic demand, making energy poverty history by 2030, but kickstart long-term socioeconomic growth on the back of job creation, industrialization and revenue generation. As such, the upcoming African Energy Week (AEW) (www.AECWeek.com) 2022 conference and exhibition – set to take place from October 18-21 this year – will drive the narrative that gas is good for Africa. In line with this narrative, US-based independent exploration and production company Marathon Oil will be joining AEW 2022 as a silver sponsor, enhancing discussions around gas at the continent’s biggest energy event while consolidating its own position in Africa’s energy future.

While Marathon has focused on four of the most competitive resource plays in the US, it’s the company’s developments in Equatorial Guinea that have positioned it at the forefront of Africa’s gas growth. Since entering the Equatorial Guinean market in 2002, Marathon has driven one of the country’s, and Africa’s, biggest gas developments: the Punta Europa integrated gas development. Since 2002, Marathon has established the largest petroleum facility in Equatorial Guinea, comprising a liquefied natural gas (LNG) processing facility and one of the largest methanol production facilities in Africa.

Marathon Oil is additionally pursuing additional resource opportunities for future phases of the development

However, the company’s gas development plans have not stopped there. With declining production of developed natural gas and associated liquids from the Marathon-operated Alba Field, the company has prioritized its next stage of development: the creation of a Gas Mega Hub, in collaboration with the Ministry of Mines and Hydrocarbons and project partners. Under the leadership of H.E. Gabriel Mbaga Obiang Lima, Equatorial Guinea’s Minister of Mines and Hydrocarbons, the country is establishing itself as a regional gas hub, developing and expanding domestic processing and off-take infrastructure to be supplied by regional reserves. In addition to utilizing and therefore monetizing reserves in Cameroon, (with four tcf), and Nigeria (with 200 tcf), the Gas Mega Hub will increase domestic reserves through new exploration campaigns, and Marathon Oil is at the center of these developments.

While the company operates and maintains capacity at the processing facilities at Punta Europa, enabling the country to become a regional processing hub, Marathon Oil is additionally pursuing additional resource opportunities for future phases of the development. Working closely with the Equatorial Guinean Ministry, Marathon Oil has not only demonstrated the role gas hubs will play in Africa’s energy future, but the role public-private cooperation and partnerships play in developing competitive gas economies in Africa.

“Marathon Oil is a tried, true and tested operator in Africa. AEW 2022 is centered around developing and promoting an Africa narrative with regards to gas monetization, sustainable energy exploration, a just energy transition and the continent’s energy future. We will continue to promote our narrative that gas is not only good but critical for the continent’s development. With significant proven and untapped reserves, Africa has the chance to usher in a new era of socioeconomic growth and industrialization on the back of gas,” states NJ Ayuk, Executive Chairman of the AEC, adding that, “Marathon Oil has made significant progress in Equatorial Guinea, working closely with the ministry and other partners to develop a Gas Mega Hub. At a time when European nations are urgently seeking alternative gas supplies, hubs such as Equatorial Guinea’s will be key for not only meeting global demand but for making energy poverty history in Africa by 2030. By joining AEW 2022 as a silver sponsor, Marathon Oil is only reaffirming the role gas will play in Africa. We looking forward to driving a gas narrative alongside Marathon Oil.”

During AEW 2022, Marathon Oil will lead discussions around gas monetization, exploration and production, participating in numerous panel discussions and investor forums.

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

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Aurionpro expands its multi-country transaction banking engagement with Diamond Trust Bank (DTB)

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Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers

MUMBAI, India, April 30, 2026/APO Group/ –Aurionpro Solutions Limited (www.AurionPro.com) (BSE: 532668 | NSE: AURIONPRO)a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries.

Download Document: https://apo-opa.co/4edHUaC

This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience, streamline operations, and support growing transaction volumes as it expands its regional corporate banking footprint. DTB continues to focus on building a more agile, ‘digital-first’ banking experience, particularly around payments for its corporate customers across Africa, and is now well positioned to scale these capabilities. As part of its broader transformation agenda, the bank has been steadily investing in platforms that enhance scale, reliability, and service consistency across markets.

Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers. By enabling DTB to standardize and scale its transaction banking operations across countries, the platform ensures consistent service levels, stronger control, and improved efficiency. It also supports enhanced user experience, advanced security, and the flexibility to introduce new features as DTB expands its regional transaction banking footprint.

Murali Natarajan (https://apo-opa.co/48trPdk), Managing Director & CEO, DTB Kenya   commented: “We are delighted to strengthen and broaden our partnership with Aurionpro Solutions as part of DTB’s ongoing digital transformation journey across multiple markets. Our focus on innovation, operational excellence, and customer-centricity continues to guide our technology investments. This upgrade strengthens our transaction banking capabilities, enabling us to deliver greater value to our customers through robust digital channels and seamlessly integrated experiences.”

Ashish Rai, Group CEO, Aurionpro Solutions, commented: “We are pleased to deepen our multi-country engagement with Diamond Trust Bank and support the next phase of its transaction banking modernization. As DTB continues to scale across markets, platform resilience and consistency become paramount. Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility, deliver superior experiences to corporate customers, and create long-term value across geographies.”

He added, “Aurionpro’s iCashpro lays a strong digital foundation for transaction & wholesale banks across the globe to grow their corporate and SME client portfolio today, while creating a clear roadmap for next- generation capabilities in AI-driven insights, advanced automation and API-led connectivity for businesses in Kenya and across Africa.”

Distributed by APO Group on behalf of Aurionpro Solutions Ltd.

 

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Minerals Council Chief Executive Officer (CEO) Joins African Mining Week (AMW) as South Africa Improves Sectorial Investment Climate

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Energy Capital

Minerals Council CEO to share insights on policy, infrastructure and investment trends shaping South Africa’s mining industry

CAPE TOWN, South Africa, April 30, 2026/APO Group/ –The upcoming African Mining Week (AMW) conference will feature Mzila Mthenjane, CEO of the Minerals Council of South Africa, as a speaker. Scheduled for October 14 – 16, 2026 in Cape Town, the event will bring together global investors, policymakers and industry leaders, with Mthenjane’s participation highlighting the council’s commitment to engaging international stakeholders and promoting investment across South Africa’s mining sector.

His participation comes at a critical moment as the Minerals Council works closely with government on finalizing the Mineral Resources Development Bill 2025, a policy framework aimed at strengthening the country’s mining investment climate and the sector’s contribution to GDP. According to the council, the revised legislation will support new investment across the value chain as South Africa seeks to mobilize R2 trillion over the next five years to unlock its critical minerals potential.

The policy reforms come amid shifting production trends in the sector. In 2025, South Africa recorded declines in gold and platinum group metals output of 1.9% and 4.1%, respectively. The new regulatory framework is expected to strengthen public-private partnerships and stimulate investment, enabling South Africa to increase production and capitalize on strong global commodity prices. Increased private sector investments is crucial with South Africa seeking targeting to unlock an estimated R40 trillion in untapped iron ore potential as well as maintain its position as the world’s leading producer of chrome and manganese.

At AMW 2026, Mthenjane is expected to outline these trends, providing insights into how the council is contributing to addressing challenges disrupting the sector. Infrastructure and energy costs remain key concerns for industry players. To support the energy-intensive sector, South Africa approved a 35% reduction in electricity tariffs for major ferrochrome producers, helping stabilize an industry that has faced significant cost pressures after electricity prices surged by roughly 900% since 2008.

Logistics constraints are also a priority area for reform. South Africa’s economy is losing an estimated R1 billion per day due to inefficiencies across rail and port infrastructure. As a result, the government is considering measures supported by the Minerals Council to increase private sector participation in logistics. Planned reforms include rail modernization initiatives targeting 250 million tons of freight capacity by 2029, alongside port upgrades and private operator participation aimed at strengthening mineral exports and improving supply chain efficiency.

Beyond infrastructure and policy reforms, the Minerals Council is advocating for stronger exploration investment to support long-term industry growth.

At AMW, Mthenjane is expected to highlight these developments and outline the steps required to reinforce South Africa’s position in the global minerals supply chain. His insights will offer investors and stakeholders a timely perspective on opportunities within the country’s mining sector.

Distributed by APO Group on behalf of Energy Capital & Power.

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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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