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Ministers Rallying Around Namibian International Energy Conference 2022 to Share Knowledge

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A strong line-up of African energy ministers are heading to the Namibian International Energy Conference in April 2022, focused on knowledge sharing, regional cooperation and capacity building

JOHANNESBURG, South Africa, March 30, 2022/ — Set to take place from April 20-22, 2022, in Windhoek, the fourth edition of the Namibia International Energy Conference (NIEC) represents the country’s official meeting place for the energy sector. In a recent push to share experiences, lessons learnt and support, top energy ministers from across the African continent have rallied around the conference, and will be attending the NIEC to drive capacity building, knowledge sharing and strategies for accelerated industry growth.

Organized by RichAfrica Consultancy, under the patronage of the Ministry of Mines and Energy led by Hon. Tom Alweendo and supported by the African Energy Chamber, the NIEC comes at a crucial time for the Namibian energy sector. With the country having made two sizeable oil and gas discoveries in 2022 – by international oil majors Shell and TotalEnergies – both domestic and regional stakeholders are focused on ensuring the country realizes its development objectives and usher in a new era of sustained economic growth backed by energy-related investment and development. Under the theme, ‘The Energy Mix: Positioning for industrialization, investment and growth,’ the NIEC convenes regional and global energy stakeholders for two days of intense dialogue on how the country can maximize discoveries while developing a strong and competitive domestic energy industry.

Namibia Energy Conference - 2022

In line with regional cooperation goals, Africa’s energy ministers have declared their support of and commitment towards Namibia’s energy growth. Notably, H.E. Gabriel Mbaga Obiang Lima, Minister of Mines & Hydrocarbons, Equatorial Guinea, has accepted an invitation by Hon. Tom Alweendo to participate at the event. Representing one of Africa’s most formidable oil and gas economies, Equatorial Guinea – with over 1.5 trillion cubic feet (tcf) of gas reserves – has been highly successful in monetizing resources and maximizing growth. Projects such as the Gas Mega Hub – a multi-faceted gas development to unlock the potential of both domestic and regional discovered resources by utilizing gas processing and distribution infrastructure – and the 10,000 barrel per day (bpd) Punta Europa refinery – intended to enhance domestic refining capacity to meet regional demand – have made the country an ideal partner regarding hydrocarbon monetization and growth.

Meanwhile, H.E. Chief Timipre Sylva, Minister of State for Petroleum Resources, the Republic of Nigeria will be attending the NIEC to drive a discussion on exploration, production and domestic capacity building. Representing sub-Saharan Africa’s largest oil producing country, with production estimated at 1.36 million bpd, and holding the largest gas reserves in Africa – estimated at over 600 tcf – Nigeria represents one of Africa’s heavyweights. In addition to projects such as the 650,000 bpd Dangote Refinery, the Ogidigben Gas Revolution Industrial Park, the Zabazaba and Etan Integrated Development, and the 614km Ajaokuta-Kaduna-Kano pipeline, Nigeria has emerged as a frontrunner regarding hydrocarbon legislation, demonstrating the role and value market-driven policies play in driving industry growth. In Namibia, H.E. Chief Sylva will be sharing lessons learnt from the implementation of the country’s Petroleum Industry Bill as well as the Decade of Gas initiative, making a strong case for aligned energy policies in 2022 and beyond.

Moreover, Hon. Bruno Jean-Richard Itoua, Congo’s Minister of Hydrocarbons and current President of the Organization of Petroleum Exporting Countries (OPEC), will be instrumental in driving the discussion on oil and gas, promoting the role hydrocarbons play in driving economic growth. As the third-largest oil producer in sub-Saharan Africa, as well as the home of the African Petroleum Producers Organization (APPO), the Congo represents a particularly valuable partner for Namibia as the country moves to realize its oil and gas potential. With over 2.9 billion barrels of proven oil reserves, modernized regulation such as the Hydrocarbon Code and Gas Master Plan, and a drive to improve local content and capacity building both domestically and regionally, the Congo’s experience will be vital for Namibia.

Similarly, Hon. Peter Chibwe Kapala, Minister of Energy, the Republic of Zambia, has also issued his support of the NIEC, and will be participating in Namibia alongside other regional ministers. Despite the lack of domestic oil and gas reserves, Zambia represents one of the world’s top mineral resource markets, boasting the highest-grade deposits of copper globally – with 6% of the world’s resources -as well as a highly competitive emerging renewable energy market. As Africa progresses with its transition to a clean energy future and renewable energy technologies play an increasingly important role, Zambia’s potential as an energy transition leader is unmatched, and the minister will promote this in Namibia. While Namibia’s renewable energy sector grows rapidly, particularly with regards to green hydrogen, knowledge sharing between Zambia and Namibia will be critical.

“The NIEC is proud to announce the confirmation of some of Africa’s top energy ministers at its fourth edition in April 2022. Confirmations made by H.E. Obiang Lima, H.E. Chief Sylva, H.E. Itoua and Hon. Kapala have not only demonstrated the importance of the event in driving regional energy dialogue, but the role Namibian energy will play in addressing continental energy poverty while driving economic growth. Led by Hon. Alweendo, Namibia’s Minister of Mines and Energy, the conference is set to be transformational for the country’s energy sector,” states Ndapwilapo Selma Shimutwikeni, convener and Managing Director of RichAfrica Consultancy.

Finally, joining the strong line-up of ministers, APPO Secretary General, Dr. Omar Farouk, alongside the AEC, will be leading a strong delegation of private sector industry players as well as regional and international investors to Namibia. Representing one of the continent’s most esteemed energy organizations, and a key driver of Africa’s oil and gas development, APPO is committed to sharing industry knowledge, capacity building strategies as well as the promotion of local content so as to ensure African producers are energy secure and independent.

Meanwhile, representing the voice of the African energy sector, the AEC is well positioned to unite the public and private sectors, and will do so in Namibia in April. Both APPO and the AEC believe in the role that the private sector will play in Namibia, and will be pushing for joint ventures, public-private partnerships and cooperation, as well as training and skills transfer within the Namibian hydrocarbon industry. Namibia is on track to usher in a wave of industry and economic growth, and the commitment of Africa’s energy ministers and the private sector will help the country realize its development objectives.


Distributed by APO Group on behalf of African Energy Chamber.

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Congo Is Turning Reserves into Bankable Projects – and the Investment Window Is Opening

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Etu Energias

Eni-led LNG expansion and ongoing deepwater investment are pushing the Republic of Congo’s energy sector toward more bankable projects ahead of the Congo Energy & Investment Forum 2027

BRAZZAVILLE, Congo (Republic of the), June 23, 2026/APO Group/ –With LNG exports set to triple to 3 mtpa, upstream oil production targeting 500,000 bpd and a renewed push on local content, the Republic of Congo is positioning itself as one of Central Africa’s most investable hydrocarbon markets. Under the leadership of the newly-appointed Minister of Hydrocarbons, Stev Simplice Onanga, the country is prioritizing industry growth by balancing local content with reserve replacement and project advancement.

 

What sets Congo apart is not the scale of its reserves, but the pace at which those reserves are being turned into commercially viable projects. From Eni’s LNG expansion and TotalEnergies’ deepwater developments to brownfield optimization by Trident Energy and output growth at Ammat Global Resources, capital is flowing into projects with clearer monetization pathways and nearer-term returns.

Ahead of the Congo Energy & Investment Forum (CEIF) 2027 – the country’s leading platform for energy investment and partnerships – the story is shifting away from frontier potential toward bankable projects already under development.

Policy Reform Is De-Risking Investment

Congo’s investment case is being reshaped by the alignment of resource base, regulatory reform and project delivery. Established oil production, expanding LNG capacity and fiscal adjustments are gradually reducing above-ground risk.

Recent reforms led by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo have added structure to the sector. The Gas Code, introduced in October 2025, formalizes fiscal terms for gas commercialization, while the Gas Master Plan prioritizes flaring reduction and gas-to-power deployment, targeting 1,500 MW by 2030.

A new upstream licensing round is also under consideration, aimed at attracting fresh capital into both mature and frontier acreage. Together, these measures are improving visibility across upstream, midstream and downstream segments, with recent project activity reinforcing the shift.

The Projects Driving the Next Cycle

Deepwater oil remains central to Congo’s production outlook, with operators progressing both new developments and brownfield optimization. TotalEnergies is advancing work at the Moho licence following the April 2026 Moho G discovery, backed by a $500–$600 million infill drilling program targeting about 40,000 bpd in incremental output.

Local independent Ammat Global Resources is targeting 70% production growth from its Loango and Zatchi fields, where reactivated wells and upgraded platforms have already lifted output by 75%. Perenco continues steady gains, adding roughly 6,000 bpd through its 2025–2026 drilling program.

Trident Energy, after acquiring an 85% working interest in the Nkossa and Nsoko II assets in 2025, is focused on extending field life through subsea optimization and redevelopment work.

While oil continues to anchor revenues, gas is rapidly emerging as Congo’s fastest-growing segment. Eni’s Congo LNG project delivered its first cargo from Phase 2 in February 2026, following the startup of the Nguya FLNG unit in December 2025. Together with Tango FLNG, capacity has risen from 0.6 mtpa to 3 mtpa. Trident Energy has also proposed an FLNG project aimed at adding further capacity across the country’s gas market. The project is expected to operate as shared infrastructure, allowing multiple operators to process gas from their respective fields. This creates an outlet for associated gas that might otherwise be stranded, supporting the country’s broader diversification goals.

Local Content Is Reshaping Investment Terms

Beyond upstream policy, Minister Onanga has positioned local content as a central pillar of Congo’s investment framework, and a key determinant of how capital is structured and deployed.

Decrees 2019-342, 343, 344 and 345 set requirements around subcontracting, workforce localization and training commitments, with the effect being a gradual shift in how projects are structured and how partnerships are formed. Operators are increasingly assessed not only on technical delivery but on in-country value creation, including partnerships with local firms and skills development. Logistics, maintenance and other service areas are increasingly channeled through domestic providers.

At CEIF 2027 – taking place June 1–3 in Brazzaville – attention will shift to what is moving forward and to the investors positioned to take part in that pipeline. Congo’s energy sector is no longer defined by potential alone: projects are moving, capital is being committed and policy is starting to catch up with activity on the ground.

As the Republic of Congo moves from reserves to revenue, the signal to investors is clear: this is already unfolding, not a future opportunity.

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

 

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Afreximbank secures double honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards for excellence in strategic communications

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The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event

CAIRO, Egypt, June 23, 2026/APO Group/ –African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has been recognised with two prestigious honours at the 2026 International Association of Business Communicators (IABC) Gold Quill Awards, one of the world’s most prestigious awards programmes for strategic communications.

 

The Bank received an Award of Excellence in Special and Experiential Events category for the Intra-African Trade Fair 2025 (IATF2025) held in Algiers, Algeria and an Award of Merit in the Social Media category for its Afreximbank Social Media Campaigns, reaffirming Afreximbank’s commitment to delivering impactful communications that advance its mandate of promoting trade, investment and industrialisation across Africa and the Caribbean.

We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communication

The Award of Excellence for IATF2025 recognises the successful communications and stakeholder engagement programme delivered around the fourth edition of the Intra-African Trade Fair, Africa’s premier trade and investment event. IATF2025 brought together governments, businesses, investors, buyers, sellers and entrepreneurs from across Africa and beyond, creating a platform for trade and investment opportunities while advancing the objectives of the African Continental Free Trade Area (AfCFTA). The communications campaign played a pivotal role in driving global awareness, stakeholder participation, media visibility and engagement before, during and after the event, while showcasing the scale, ambition and dynamism of African enterprise and reinforcing a positive narrative about Africa’s capacity to trade, industrialise and compete on the global stage. Over 120,000 delegates attended IATF2025 in person and virtually, with deals worth over US$50 billion recorded.

The Award of Merit for Afreximbank Social Media Campaigns recognises the Bank’s strategic use of digital platforms to engage stakeholders, amplify its developmental impact and elevate conversations around trade, industrialisation, economic integration and investment opportunities across Africa and the Caribbean. Through a combination of compelling storytelling, thought leadership content, executive advocacy, multimedia production and real-time event coverage, Afreximbank’s social media platforms have continued to expand their reach and influence among policymakers, businesses, investors, development partners and the wider public. Among these platforms is the Afreximbank TV, a digital TV channel that is wholly owned and managed by Afreximbank, whose fifth edition was celebrated with dedicated coverage of IATF2025, providing live coverage of the activities to both pan African and global audiences.

Anne Ezeh, Director & Global Head, Communications and Events at Afreximbank commented: “We are delighted to receive these two awards, which attest to the expertise, creativity and efficiency of Afreximbank’s communications. As a pan African multilateral financial institution, we see storytelling as a powerful tool for advancing our mission — ensuring our initiatives, events, programmes and key announcements not only inform, but also inspire confidence, deepen engagement and amplify Africa’s transformation. These awards reinforce our resolve to continue delivering world-class communications that elevate African voices and projects a bold and authoritative narrative of the continent.”

Ms. Ezeh added that through innovative storytelling, digital engagement and integrated campaigns, the Bank will continue to amplify the impact of its programmes and partnerships  to project a more authentic narrative of Africa, one defined by opportunity, innovation, resilience and growing influence in the global economy.

For more than five decades, the IABC Gold Quill Awards have recognised excellence in strategic communications globally, celebrating programmes and campaigns that demonstrate measurable impact, innovation, creativity and outstanding execution. Widely regarded as the pinnacle of achievement in the communications profession, the awards are judged through a rigorous and independent evaluation process conducted by experienced communication leaders from around the world.

Distributed by APO Group on behalf of Afreximbank.

 

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Islamic Development Bank (IsDB) Institute Unveils 2025 Annual Report During Group Annual Meetings in Baku

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In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million

The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) has released its 2025 Annual Report during the 2026 IsDB Group Annual Meetings held in Baku, Azerbaijan, showcasing a year of expanded impact in Islamic finance transformation, innovative solutions, and capacity development.

 

The report highlights how IsDBI strengthened its role as a global knowledge leader by advancing innovative solutions and scaling support to Member Countries through knowledge-based interventions, Islamic finance grants, and strategic partnerships.

In 2025, IsDBI significantly expanded its footprint in Islamic finance transformation, approving 25 new technical assistance projects valued at US$4.14 million and completing 19 projects worth US$3 million, supporting countries in strengthening regulatory frameworks and promoting inclusive financial systems.

Since 2013, the Institute’s interventions in this regard have reached over US$27.57 million across 181 projects benefiting more than 34 countries, underlining its sustained contribution to development outcomes across the Islamic world.

I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem

The Annual Report highlights major progress in IsDBI’s three flagship transformative projects, namely Awqāf Free Zones, Digital Postal Islamic Financial Services, and Smart Countertrade System, which have all advanced to pilot-ready stages. These initiatives aim to address global challenges such as financial inclusion, food and energy security, and trade resilience.

Furthermore, the Institute accelerated its focus on digital innovation in Islamic finance, enhancing its Islamic Finance Artificial Intelligence Assistant (IFAA) and hosting its first AI Hackathon on Islamic Finance, engaging more than 40 teams in developing cutting-edge solutions aligned with industry standards.

Human capital development in Islamic finance also remained a cornerstone of IsDBI’s work in 2025, with the delivery of over 20 training programs reaching around 500 professionals across Member Countries. A key achievement in this area was the Entrepreneurial Mindset Development Program, a flagship initiative equipping emerging leaders from 20 countries with innovation-driven and values-based entrepreneurship skills. The program was designed and implemented in collaboration with Prince Mohammed Bin Salman College of Business and Entrepreneurship, Saudi Arabia.

The Institute also strengthened its thought leadership through flagship publications, global partnerships, and digital engagement, reinforcing its position as a leading voice in Islamic economics and finance.

Commenting on the issuance of the Annual Report, Dr. Sami Al-Suwailem, Acting Director General of IsDBI, said: “I am pleased to note that the Institute has continued to strengthen its unique role in the global development ecosystem by bridging knowledge creation, building human capital, and designing innovative solutions to address economic challenges.”

The 2025 Annual Report is accessible on IsDBI website here (https://isdbinstitute.org/product/isdbi-annual-report-2025/).

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

 

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