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Minister Ekpo to Drive Nigeria’s Gas Investment Agenda at African Energy Week (AEW) 2025

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Nigeria

Nigeria’s gas expansion plans will take center stage as Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, joins African Energy Week: Invest in African Energies 2025 as a speaker

CAPE TOWN, South Africa, May 13, 2025/APO Group/ –Nigeria’s Minister of State for Petroleum Resources (Gas), Ekperikpe Ekpo, is confirmed to speak at the 2025 edition of African Energy Week (AEW): Invest in African Energies in Cape Town. As Nigeria scales up its natural gas infrastructure and strengthens its position as a leading destination for energy investment, Minister Ekpo’s participation will highlight the country’s expanding gas market, growing project pipeline and drive to attract a greater share of global energy capital.

Nigeria’s gas sector is set to attract significant foreign investment, with the U.S., UAE and key financial institutions expressing strong interest in the $25 billion Nigeria-Morocco Gas Pipeline. This month, the UAE agreed to contribute funding to the project, while the U.S. expressed interest in the pipeline during a meeting with Nigeria’s Ministry of Finance in April. The initiative, which aims to transport Nigerian gas to Europe through Morocco, is expected to boost regional energy security and economic growth.

The participation of Minister Ekperikpe Ekpo at AEW: Invest in African Energies 2025 reinforces Nigeria’s role as a driving force in Africa’s gas revolution

Nigeria’s momentum extends further with the $550 million Final Investment Decision made by TotalEnergies and the Nigerian National Petroleum Corporation (NNPC) in June 2024 for the Ubeta Gas Project. Targeting 350 million cubic feet of gas and 10,000 barrels of associated liquids per day by 2027, the project incorporates clean energy solutions such as a 5 MW solar plant and electrified drilling rig. Additionally, NNPC has signed a project development agreement with Golar LNG to deploy a floating LNG facility offshore the Niger Delta. The plant will monetize 400–500 million cubic feet of gas per day and produce LNG, LPG and condensates, with first gas expected in 2027.

These advancements are underpinned by Nigeria’s broader institutional and financial reforms. Notably, Abuja has been selected to host the newly established Africa Energy Bank (AEB) – a supranational institution formed by the African Petroleum Producers’ Organization and the African Export-Import Bank. With an initial capital base of $5 billion, the AEB is slated to launch in 2025 and will fund oil, gas, renewables, hydrogen and infrastructure projects across Africa. Nigeria’s successful bid to host the bank further cements its leadership in the continental energy space.

With proven reserves of more than 200 trillion cubic feet of natural gas and 37 billion barrels of crude oil, Nigeria is pursuing an ambitious strategy to expand energy access, reduce emissions and foster industrial growth. Additional milestones include the commissioning of the Tetracore CNG facility in June 2024 and ongoing progress on the Nigeria LNG Train 7 expansion project, which is set to boost the country’s LNG capacity by 35% while adding roughly 8 million tons per annum to the country’s production capabilities. Backed by strong policy support and rising investor interest, Nigeria is well-positioned to capitalize on AEW 2025 as a launchpad for its next phase of energy-driven development.

“The participation of Minister Ekperikpe Ekpo at AEW: Invest in African Energies 2025 reinforces Nigeria’s role as a driving force in Africa’s gas revolution. As the country rolls out critical infrastructure and attracts multi-billion-dollar investments, AEW will serve as the ideal platform to showcase Nigeria’s investor-friendly reforms and its roadmap for gas monetization,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

AEW: Invest in African Energies 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.

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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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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