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Minister of State for Oil Senator Heineken Lokpobiri to Present Opportunities for Foreign Direct Investment

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Senator Heineken

The African Energy Chamber is proud to announce that Sen. Heineken Lokpobiri, Nigeria’s Minister of State for Oil, will deliver a keynote address at this year’s African Energy Week conference, showcasing investment and partnership opportunities available across one of Africa’s largest oil producers

JOHANNESBURG, South Africa, September 1, 2023/APO Group/ — 

Nigeria’s vast hydrocarbon resources, encompassing 200 trillion cubic feet of natural gas and 37 billion barrels of oil reserves, represent a significant opportunity for the nation to optimize revenue generation, expand energy accessibility and drive industrialization, all while fostering employment creation and infrastructure development. Despite its status as one of Africa’s largest crude oil producers, Nigeria has experienced a decline in production across legacy fields, and as such, is inviting foreign investors and project developers to join the promising market, thereby triggering an energy transformation in Nigeria.

Pivotal to bolstering Nigeria’s oil production and ensuring the sustainability of the energy market are dedicated and seasoned industry leaders and policymakers. Specifically, Sen. Heineken Lokpobiri, Nigeria’s Minister of State for Oil, represents an instrumental figurehead in the country with a commitment to driving the country into a new era of energy and economic prosperity. During the continent’s biggest energy gathering, African Energy Week (AEW) – scheduled for October 16-20 in Cape Town – Sen. Lokpobiri will deliver a keynote address on the role Nigerian energy is poised to play in making energy poverty history in Africa.

Representing Africa’s premier energy event, AEW 2023 takes place under the theme, ‘The African Energy Renaissance: Prioritizing Energy Poverty, People, the Planet, Industrialization and Free Markets,’ and aligns closely with Sen. Lokpobiri’s objectives for Nigeria’s energy sector. During the event, Sen. Lokpobiri will engage in high-level panel discussions and exclusive networking sessions centered on Nigeria’s promising hydrocarbons opportunities. Sen. Lokpobiri will also lead Invest in Nigeria Energies at AEW 2023, connecting capital and technology to Nigerian projects.

Between 2023 and 2027, Nigeria is set to dominate Africa’s project portfolio, accounting for 23% of planned projects set to begin operations

Having been appointed Nigeria’s Minister of State for Oil by President Bola Ahmed Tinubu in 2023, Sen. Lokpobiri is dedicated to revitalizing the nation’s energy production. Leveraging a strong track record of spearheading dialogue and deals around sustainable development, Sen. Lokpobiri, who previously served as Nigeria’s Minister of State for Agriculture and Rural Development from 2015 to 2019, brings valuable experience to the AEW 2023 conference. His leadership will play a pivotal role in attracting new investors, strengthening existing partnerships with global energy stakeholders, and addressing critical industry challenges.

On the back of the Petroleum Industry Act, implemented in 2021 to catalyze industry growth, Sen. Lokpobiri brings a drive to bolster the competitiveness of the nation’s oil sector. His leadership aims to elevate production, expand domestic capacity, and ultimately accelerate Nigeria’s economic development. Currently, a number of projects are underway in the country that aim to position it as a regional hub. Upstream projects include field developments such as OML 13, Bongo North Field, Preowei Field, JK Field, HD Field and many more. Downstream, the 650,000 barrel per day Dangote Oil Refinery came online this year while projects such as the Trans-Niger Oil Pipeline and many more are poised to strengthen domestic refining capacity and regional distribution.  

With an ambitious goal of lifting 86 million citizens out of energy poverty by efficiently exploiting domestic resources, Sen. Lokpobiri is well-positioned to spearhead the nation’s energy renaissance. As Nigeria aspires to become a top-ten global destination for energy investment, his stewardship will enhance the country’s appeal to international investors. Between 2023 and 2027, Nigeria is set to dominate Africa’s project portfolio, accounting for 23% of planned projects set to begin operations. Under Sen. Lokpobiri’s leadership, Nigeria’s pursuit of economic diversification through oil-generated revenue is set to be usher in tangible results, while his participation at AEW 2023 will increase this project lineup considerably as new investment flows into the market.

“Nigeria’s oil resources not only represent an opportunity for the country to address its energy security concerns and economic diversification agenda but a chance to consolidate Africa’s position as an energy powerhouse. Sen. Heineken Lokpobiri is well positioned to lead Nigeria into a new era of industry expansion. Under his leadership, the country is on course to attract new investors, boost production in marginal fields, unlock new reserves and enhance revenue generation while alleviating issues such as theft and ageing infrastructure,” stated NJ Ayuk, the Executive Chairman of the African Energy Chamber (AEC).

AEW is the AEC’s interactive exhibition and networking event uniting African energy stakeholders, driving industry growth and development, and promoting Africa as the destination for African-focused events. For more information about sponsorship, attendance, and partnership opportunities, visit www.AECWeek.com.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

African Mining Week (AMW) 2026 to Position Junior Miners at the Forefront of Africa’s Mineral Evolution

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The upcoming African Mining Week 2026 conference will unpack best practices to address financial, infrastructure and operational challenges as African junior miners scale their operations

CAPE TOWN, South Africa, May 14, 2026/APO Group/ –Africa’s estimated $8.5 trillion in untapped mineral wealth is increasingly being positioned as a junior miner-led opportunity, with smaller, more agile players playing a key role in unlocking the continent’s mining deposits. As governments and investors recalibrate exploration strategies, junior mining companies are emerging as the primary vehicles for converting underexplored resources into bankable projects.

 

Against this backdrop, the African Mining Week 2026 Conference and Exhibition will convene regulators, financiers and operators to examine how partnerships, capital access and execution models can shift juniors from the margins to the center of the continent’s mineral development strategy.

Taking place from October 14 – 16 in Cape Town, the event will feature a dedicated panel titled Collaboration for Growth: Unlocking Finance and Scale for Junior Miners. The session will highlight how governments are leveraging Public-Private Partnerships (PPP) to address high upfront capital requirements, limited infrastructure access and gaps in technical expertise constraining junior mining development.

The need for innovative financing solutions across Africa is increasingly apparent, with the continent’s share of global mineral exploration spending declining from 16% in 2004 to just 10.4% in 2024. In South Africa, exploration expenditure totaled R781 million in 2024, down sharply from a peak of R6.2 billion in 2006, underscoring the importance of stronger collaboration between governments and the private sector. In response, mineral-rich African countries are increasingly partnering with global investors to mobilize capital for exploration while supporting local content and beneficiation strategies.

One of the continent’s most prominent PPP models is the Junior Mining Exploration Fund (JMEF) launched by the Industrial Development Corporation of South Africa in partnership with the Department of Mineral Resources and Energy. In February 2026, the fund expanded to R2 billion, with Anglo American committing R600 million, demonstrating how coordinated public-private initiatives can strengthen financing for early-stage mining projects. Increased support through the fund has contributed to growth in South Africa’s junior and emerging mining sector, which recorded nearly 20% income growth in 2025.

Meanwhile, Zambia has introduced the Artisanal and Small-Scale Mining Fund following the enactment of the Geological and Minerals Development Act of 2025, aimed at expanding financing access for junior and small-scale miners. In 2026, the government allocated K449.5 million towards the fund, from a total K1.2 billion mining sector budget. The fund is expected to support junior miners as the country pursues its goal of increasing copper production to three million tons annually by 2030.

Similarly, the Democratic Republic of the Congo is strengthening partnerships with private sector investors, including Phoenix Capital and Eurasian Resources Group, to finance junior and artisanal mining operations as part of a broader strategy to unlock an estimated $24 trillion in untapped mineral resources.

Stepping into this picture, the AMW 2026 panel will explore the impact of PPP financing models, providing a platform for governments, investors and mining companies to develop solutions that scale exploration investment and accelerate the discovery of Africa’s next generation of mineral projects.

AMW serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2026 conference from October 12-16 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com

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

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African Mining Week (AMW) 2026 to Examine Energy-Mining Nexus as Africa Prioritizes Reliable Power

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The upcoming African Mining Week conference will bring together industry players and global investors to explore investment and partnership opportunities emerging at the intersection of energy and mining

CAPE TOWN, South Africa, May 14, 2026/APO Group/ –Mining is rapidly becoming a driver of power market development in Africa, as energy supply constraints reshape how projects are financed and executed. From renewables and storage to fuel logistics and transmission, operators are increasingly securing integrated energy solutions to sustain output and manage risk.

 

Against this backdrop, the African Mining Week (AMW) Conference and Exhibition – taking place October 14–16, 2026, in Cape Town – will convene global investors, energy developers and mining stakeholders to examine pathways for strengthening power infrastructure to support mining activities across the continent. The event will feature a dedicated panel titled Accelerating Mineral Production: The Energy-Mining Nexus, bringing together policymakers, utilities and mining companies to discuss investment, infrastructure challenges and strategies for scaling production.

The discussion comes at a time when energy availability is becoming the defining constraint – and enabler – of mining growth across Africa. As a result, many companies are partnering with energy providers to secure power deals.

One of the clearest examples of this is EDF power solutions – a joint venture (JV) between mining company Anglo American and energy company EDF. The JV is advancing a portfolio of renewable energy projects to power mining operations across South Africa. In mid-April, the company commissioned the 140 MW Umsobomvu facility as part of the broader 520 MW Koruson 2 cluster, following the earlier delivery of approximately 480 MW under the Koruson 1 cluster in early April. These projects are contributing to the decarbonization of mining operations by displacing coal-based grid electricity for miners such as Valterra Platinum, Kumba Iron Ore and De Beers.

Sibanye-Stillwater is also turning to renewable energy to optimize its operations. The company is advancing a 725 MW renewable energy portfolio secured via long-term power purchase agreements with developers including NOA Group, Red Rocket and Sola Group. These developments align with South Africa’s strategy to generate 40% of its electricity using renewables by 2030, a move aimed at lowering electricity costs and improving energy security for energy-intensive sectors such as mining.

Similar case studies are being seen across other mineral-rich provinces in Africa. In Zambia, First Quantum Minerals is advancing a 430 MW renewable energy project alongside Total Eren and Chariot Limited. The project will strengthen energy supply to the company’s mines, enabling First Quantum to contribute to a national target to increase copper output to three million tons by 2031.

Meanwhile, Eurasian Resources Group is investing in transmission infrastructure and cross-border power solutions between Zambia and the Democratic Republic of the Congo to stabilize energy supply for cobalt operations.

While renewables are scaling rapidly, mining companies are also reinforcing energy security through fuel agreements. In February 2026, Valterra Platinum signed a three-year fuel supply deal with TotalEnergies for its South African operations. Puma Energy and BHL Group have also launched a five-year fuel transport agreement moving supply between Namibia’s Walvis Bay and Zambian mining hubs.

As such, AMW 2026 comes at a pivotal time when energy and mining are no longer parallel sectors, but deeply interconnected growth engines. From renewables and transmission to fuel logistics and financing, the continent is witnessing a structural shift toward integrated energy–mining ecosystems. The AMW 2026 panel will spotlight how innovative partnerships, blended financing models and private-sector participation are accelerating both energy deployment and mineral production – positioning Africa to meet rising global demand while advancing its own industrialization agenda.

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

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Trafigura Eyes $900M Aluminium Smelter as Egypt Accelerates Mineral Beneficiation Drive

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African Mining Week 2026 will spotlight Egypt’s rapidly expanding mining value chain as the country accelerates a shift from raw mineral exports toward large-scale downstream industrialization and value addition

CAPE TOWN, South Africa, May 14, 2026/APO Group/ –Multinational commodities trader Trafigura, together with the Egyptian Aluminium Company and Metallurgical Industries Holding Company, has entered exclusive negotiations to co-finance and develop a major new aluminium complex in Egypt, marking one of the country’s most significant downstream metals investments to date.

 

The proposed project, valued between $750 million and $900 million, includes a 300,000-ton-per-annum aluminium smelter and a 150,000-ton-per-annum anode plant. It is designed to position Egypt more competitively in global aluminium supply chains at a time when geopolitical fragmentation and industrial realignment are pushing countries to localize and secure critical materials processing capacity.

Beyond serving international demand, the project aligns directly with Egypt’s industrial strategy to increase the mining sector’s contribution to GDP from around 1% today to 5-6% over the medium term, underscoring a clear policy shift toward value-added production rather than raw mineral exports.

The aluminium deal is also part of a wider acceleration in Egypt’s beneficiation strategy, with new partnerships emerging across phosphates, fertilizers and industrial minerals.

In April 2026, Misr Phosphate Company signed an agreement with Indorama Corporation to supply phosphate feedstock for a $525 million fertilizer complex in the Suez Canal Economic Zone at Sokhna. The first phase of the project is expected to produce around 600,000 tons annually, strengthening Egypt’s position in global fertilizer supply chains while increasing domestic processing capacity.

In parallel, El Sewedy Industrial Development and China’s Kunming Chuan Jin Nuo Chemical are developing a $1 billion integrated phosphate complex in the Sokhna Industrial Zone, further expanding Egypt’s downstream chemical and fertilizer ecosystem.

Chinese industrial group Xingfa Group has also outlined plans to invest up to $2 billion across phosphate exploration, extraction and chemical manufacturing in Egypt, reinforcing international confidence in the country’s industrial minerals strategy.

At the same time, Egypt is moving to strengthen its position in precious metals and refining. The Central Bank of Egypt, alongside the African Export-Import Bank, is advancing plans for a Pan-African Gold Bank initiative aimed at expanding local gold refining capacity, formalizing artisanal and industrial supply chains and reducing dependence on external refining hubs.

These projects signal a broader structural shift: Egypt is transitioning from a raw commodity exporter to a vertically integrated minerals and industrial processing hub, with downstream value creation at the center of its economic strategy.

Egypt’s accelerating beneficiation agenda will be a key focus at African Mining Week (AMW) 2026 – The Most Influential Mining Conference in Africa – where the country will feature through a dedicated Country Spotlight.

The forum brings together government representatives, regulators, global investors, mining companies, project developers and financiers to explore opportunities across Egypt and Africa’s expanding mining and industrial value chain.

As the country scales its downstream ambitions across aluminium, phosphates, fertilizers and gold, AMW 2026 will serve as a key platform for translating policy momentum into investment partnerships and project execution.

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

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