Invictus holds an 80% interest across 360,000 hectares in the Cabora Bassa Basin, where its Mukuyu discovery has established a significant gas-condensate resource. The company estimates the project contains 4.2 trillion cubic feet (tcf) of gas and 264 million barrels of condensate, positioning Cabora Bassa as a potential new source of domestic gas and power for Zimbabwe.

The company signed a petroleum production sharing agreement with the government of Zimbabwe in May this year, establishing the fiscal and commercial framework for future development. The agreement gives the state a 20% interest and incorporates the Mutapa Investment Fund, while providing a framework under which Zimbabwe can take its share through profits or physical gas volumes.

Invictus is now preparing for its next major exploration catalyst, with the Musuma-1 well scheduled to spud in November. The well will target an independent prospect on the eastern basin margin containing an unrisked gross mean prospective resource of 1.2 tcf of gas and 73 million barrels of condensate, potentially expanding the basin’s commercial footprint.

The company has also secured Exalo Drilling Rig 202 through a deed of variation with Exalo Drilling, while wellpad construction, civil works and rig preparations advance ahead of mobilization. Invictus also completed an approximately $7-million capital raising in July, strengthening its funding position for the upcoming drilling program and wider appraisal activity.

Alongside exploration, Invictus is developing an early gas-to-power commercialization pathway centered on Mukuyu. A pilot project with Dallaglio and Himoinsa is designed to generate an initial 12 MW for the Eureka Gold Mine, with potential expansion to 50 MW as gas production develops and additional industrial demand emerges.

The company is also pursuing broader gas monetization through an MoU with Mbuyu Energy, potentially supplying gas-to-power generation facilities connected to the Southern African Power Pool. Longer-term plans include regional pipeline infrastructure and modular LNG production, creating multiple routes for Cabora Bassa gas to reach Zimbabwean and regional energy markets.

“Invictus Energy represents the type of African-led resource development that AEW is designed to showcase, where exploration success is being matched by commercial planning, government alignment and investment,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Its participation brings Zimbabwe’s emerging gas opportunity into direct conversation with investors, developers and energy companies from across the continent and beyond.”

Invictus’ Bronze Partnership gives AEW 2026 delegates direct engagement with an emerging African upstream developer advancing one of the continent’s most significant recent onshore gas discoveries. Its participation comes as Zimbabwe seeks to convert new hydrocarbon resources into domestic power generation, industrial growth and energy security, while attracting investment into an underexplored frontier basin.

LUANDA, Angola, September 3, 2026/APO Group/ –bp Supply, Trading & Shipping – the distribution business of energy major bp – has joined the Angola Oil & Gas (AOG) 2026 Conference and Exhibition as a Gold Sponsor, bringing the expertise of one of the world’s leading energy marketing, operations and trading businesses to discussions around Angola’s position in global oil and gas markets.

Connecting producers and suppliers with customers and markets worldwide, bp Supply, Trading & Shipping sits at the intersection of energy production, transportation and consumption. The company’s participation at AOG 2026 comes as Angola seeks to strengthen its position as a competitive oil and gas producer while maximizing the value generated from its resources.

As one of Africa’s largest oil and gas producers, Angola has set clear objectives to sustain production above one million barrels per day (bpd) while increasing natural gas development and exports. Monthly crude production measured approximately 31 million barrels in June 2026 – equivalent to 1.039 million bpd – while gas production averaged 2,663 million cubic feet per day. During the same period, Angola’s total crude liftings were 34.16 million barrels, of which 33 million barrels were exported and 1.07 million barrels made available for the Luanda refinery.

Looking ahead, Angola strives to bolster output through enhanced recovery and infill drilling at mature assets alongside forays into frontier exploration basins. Recent developments include TotalEnergies extending the life of the prolific Block 32, enabling the continuous development of the assets; Etu Energias advancing appraisal drilling at Block 2/05; Sonangol progressing a redevelopment program at Blocks 3/05 and 3/05A; and Afentra targeting 2026/2027 FID on its Block 3/24 discoveries.

As crude production stabilizes and gas output rises, Angola is gradually positioning itself to play an increasingly central role in global supply chains. As a strategic player in the global market, bp Supply, Trading & Shipping is well-positioned to support this next phase of growth. The business integrates bp’s oil, gas and lower-carbon value chains while providing capabilities spanning commodity trading, supply, logistics, pricing and risk management.

AOG 2026 will examine this entire value chain. The conference brings together policymakers, operators, financiers, service companies and other industry stakeholders to discuss investment opportunities spanning exploration and production, gas, infrastructure, logistics and downstream development.

For bp Supply, Trading & Shipping, the event provides a platform to engage stakeholders around the commercial systems underpinning international energy trade. As Gold Sponsor, the company is expected to contribute a global market perspective to conference discussions, reinforcing the importance of trading, shipping and integrated supply chains to Angola’s continued development as a major African energy producer.

NEW YORK, United States of America, September 2, 2026/APO Group/ –More than 2,000 African and global business leaders plus heads of state will gather in New York on September 20–21 for Unstoppable Africa, flagship event of the Global Africa Business Initiative (GABI) (https://www.GABI.biz/).
 




 

Convened by UN Secretary-General António Guterres and H.E. Mahmoud Ali Youssouf, Chairperson of the African Union Commission, and organized and coordinated by the UN Global Compact, the fifth edition of Unstoppable Africa will convene under the theme “Powering Business, Scaling Economies, Shaping the Future”.

Held on the sidelines of the opening of the 81st session of the United Nations General Assembly, Unstoppable Africa will feature leading  investors, policymakers, creatives, sports executives and decision-makers working to accelerate Africa’s business, trade and investment and amplify its role in shaping global markets.

Sanda Ojiambo, Assistant Secretary-General and CEO of the United Nations Global Compact, said: “This year, we are sharpening the focus on mobilising capital, forging partnerships, building businesses and turning Africa’s assets and opportunities into investable, scalable outcomes. The ambition is not simply to shape how the world sees Africa, but to shape where global capital flows, where value is created and how Africa can capture it.”

The high-level convening comes at a time of global supply chains being redrawn by geopolitical tension, energy insecurity and shifting trade rules. For the African continent, these pressures  create an opportunity to leverage its critical minerals, renewable energy potential, expanding consumer markets and young workforce to attract long-term capital and capture more value from global shifts.

Unstoppable Africa 2026 will look at how the continent can turn these shifts into lasting economic opportunity.  The program will focus on how Africa can capture more value from its critical minerals, strengthen infrastructure and trade, mobilise capital at scale and build more integrated and competitive markets. Discussions will also explore Africa’s energy transition, the development and ownership of AI and digital infrastructure, the financing and global distribution of African creative industries, and how sport can become a stronger engine for investment, talent development and economic growth.

Other confirmed speakers include:

• H.E. Julius Maada Bio, President, Republic of Sierra Leone
• H.E. Duma Gideon Boko, President, Republic of Botswana
• H.E. Paula Ingabire, Minister of ICT and Innovation, Rwanda
• Samaila Zubairu, President and CEO, African Finance Corporation
• Nolitha Fakude, Chairperson, Anglo American South Africa
• Tidjane Thiam, General Partner, Allied Critical Minerals Fund
• Phuthi Mahanyele-Dabengwa, CEO and Executive Director, Naspers
• Olugbenga Agboola, CEO, Flutterwave
• Cameron Bailey, CEO, Toronto International Film Festival
• Wanuri Kahiu, filmmaker
• Akunna Cook, Founder and CEO, Next Narrative Africa Fund
• Luol Deng, former NBA All-Star and President, South Sudan Basketball Federation
• Clare Akamanzi, CEO, NBA Africa
• Amina J. Mohammed, Deputy Secretary-General, United Nations
• Massad Boulos, Senior Advisor to the President of the United States on Arab and African Affairs
• Damilola Ogunbiyi, CEO and Special Representative of the UN Secretary-General for Sustainable Energy for All

The five themes of GABI and Unstoppable Africa, namely Energy, Digital Transformation, Trade, Creative Industries, and Sport, will be supported by high-level plenaries, CEO and investor roundtables, ministerial dialogues, startup showcases, and GABI Solutions Labs. The 2026 edition will create opportunities to spark transactions, develop investment vehicles, and form cross-border alliances and partnerships. Full implementation of the African Continental Free Trade Area could create a $3.4 trillion market, according to UNCTAD’s 2024 Economic Development in Africa Report, highlighting the scale of the opportunity as regional integration deepens.

Once again, the event will be hosted by Folly Bah Thibault, Senior News Anchor at Al Jazeera Media Network, and Larry Madowo, International Correspondent at CNN, and will spotlight more than 500 nominees in the Unstoppable Africans campaign.

Media partners to date include African Business/New African; African Renewal; Afrique Media; AllAfrica; Arise News; Business Digest Magazine; Citizen TV; EIB Network; Envoy Magazine; The Kenyan Wall Street; News Central TV; SDG News; The Africa Report; The Nation Media Group; TIME Africa.

Unstoppable Africa 2026 will take place at the New York Marriott Marquis, Times Square, 1535 Broadway, New York City. Accredited media and other eligible communication professionals can register at https://apo-opa.co/4xvM3xh.