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MSGBC Conference to Foster Regional Power Connections

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energy poverty

An expert-led power sector panel during the MSGBC conference, which is organized by Energy Capital & Power, will discuss regional collaboration, strategies to pool shared resources and increasing private sector investments in regional power infrastructure

NOUAKCHOTT, Mauritania, November 17, 2023/APO Group/ — 

Access to reliable and affordable energy is a prerequisite for inclusive and resilient development across the globe.

In West Africa, where many regions still grapple with energy poverty, the quest for widespread access to electricity remains a challenge, and the MSGBC Oil, Gas & Power 2023 conference (https://apo-opa.co/46jitgb) – set to take place in Nouakchott, Mauritania on November 21-22 – will focus on addressing this issue, with a panel discussion taking place under the theme, ‘Bridging the Divide: Collaboration to Power the Region.’

The expert-led panel discussion will explore how regional collaboration, rural electrification, and strategic planning can bolster access to electricity across the region. Ahead of the panel discussion, a presentation by Rita Madeira, Africa Program Officer at the International Energy Agency (IEA), will lay the foundation for dialogue. Madeira will provide insights into the energy access challenges in West Africa and how untapped hydrocarbon and renewable energy resources can be leveraged to kickstart regional power development.

The panel discussion will focus on advancing mini-grids and off-grid solutions, promoting renewable energy in the MSGBC region

Thereafter, the panel of experts will delve into the current energy needs of the region, how untapped resources stand to rapidly increase power generation opportunities, and where foreign investment and global partnerships play a role. Regional state-owned utilities are participating, with speakers including Cheikh Abdellahi Bedda, General Director at Mauritania’s SOMELEC; Nani Juwara, Managing Director of The Gambia’s NAWEC; and Papa Mademba, Director General of Senegal’s Senelec. Additionally, government representatives including Amadou Khan, Special Advisor: Gas-to-Power at Mauritania’s Ministry of Petroleum, Mines, and Energy and Papus Kane, Former Special Advisor to the Minister of Petroleum, Mines, and Energy of Mauritania are speaking. Alex Douglas, Managing Director & Head of Western Africa at Globeleq and the IEA’s Madeira complete the panel.

In West Africa, the rapid growth in electricity demand necessitates urgent and sustainable solutions, and gas-fired power generation has emerged as a highly strategic investment opportunity in the MSGBC region. During the discussion, experts will delve into how harnessing natural gas as an energy source can substantially enhance West Africa’s electricity production capabilities. With the arrival of first gas from the Greater Tortue Ahemyim project in 2024 and promising prospects such as BirAllah in Mauritania and Yakaar-Teranga in Senegal, gas will play a pivotal role in shaping the region’s future. Gas-to-power projects are already taking shape, with the 360 MW Sandiara plant set to commence construction in 2024. These projects present a practical solution to enhance power availability and meet the region’s growing population demands.

In addition to gas, renewable energy stands to accelerate electrification, particularly in rural and off-grid communities. The region boasts significant solar energy potential, with solar irradiance varying from around 4 kWh/kWp in southern West Africa to over 5.5 kWh/kWp in the Sahara and Sahel zone. The ultimate objective of almost every MSGBC nation is to attain universal electricity access by 2030, ensuring that even the most underserved communities have access to dependable and cost-effective power. As such, the panel discussion will focus on advancing mini-grids and off-grid solutions, promoting renewable energy in the MSGBC region.

Meanwhile, the participation of the private sector in the development of energy infrastructure in the region is essential. Integrating foreign capital with technical expertise, private players serve as a catalyst for regional power development. Progress is already underway on this front, with examples such as the Sandiara-Malicounda interconnection in Senegal. Carried out in partnership with the Senegalese government and infrastructure company LFR Energy, this investment forms a fundamental pillar of sustainable progress and development in the country.

Finally, regional cooperation will be a focal point of the discussion. In the power sector, cooperation has served as instrumental for advancing access to electricity, with initiatives such as the West African Power Pool (WAPP) streamlining cross-border trade and distribution. Connecting 15 West African countries, the WAPP has been integral for monetizing regional resources and promoting economic growth. With the introduction of new resources to the market, the WAPP is poised to play an even greater role in the region’s power future, and speakers will discuss investment opportunities, priority areas and challenges to development.

Under the patronage of the President of the Republic of Mauritania Mohamed Ould Cheikh El Ghazouani and in partnership with the Ministry of Petroleum, Energy, and Mines; the Mauritanian Oil and Mining Company; Petrosen; COS-Petrogaz; and the African Energy Chamber, the third edition of the conference will take place from November 21 to 22 in Nouakchott. Visit https://MSGBCOilGasAndPower.com/ to register for the event.

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

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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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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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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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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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