Connect with us

Business

MSGBC Oil, Gas & Power Returns to Dakar in December 2024

Published

on

MSGBC

The conference takes place on December 3-4 in partnership with Petrosen, COS-Petrogaz and the African Energy Chamber

DAKAR, Senegal, April 9, 2024/APO Group/ — 

The MSGBC Oil, Gas & Power 2024 conference and exhibition – a regionally-focused event dedicated to the energy success of Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry – returns to Dakar for its fourth edition on December 3-4 this year.

In collaboration with the MSGBC member-countries’ respective energy ministries, this year’s edition is held in official partnership Senegalese petroleum company Petrosen; oil and gas strategy committee COS Petrogaz; and energy advocacy group the African Energy Chamber.

Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region’s oil, gas and power sector. Visit www.MSGBCOilGasandPower.com to secure your participation at the MSGBC Oil, Gas & Power 2024 conference.

With sizeable offshore oil and gas reserves, abundant solar and wind resources and opportunities in agriculture, mining and infrastructure development, the MSGBC region emerges as an attractive market to invest in. Collaboration has been at the forefront of the region’s energy success, evident through the pipeline of projects expected to come online in 2024. Ongoing developments underscore the potential for million-dollar investments while creating new opportunities for regional and global companies.

Join us to unveil the boundless potential of the basin, which transcends borders to shape the future of energy collaboration

“We invite delegates to embark on a transformative journey at the MSGBC Oil, Gas & Power conference and exhibition in 2024, where the spotlight will shine on impressive projects, developments and investment opportunities within the bloc. Join us to unveil the boundless potential of the basin, which transcends borders to shape the future of energy collaboration,” stated Devi Paulsen-Abbott, CEO of event organizer Energy Capital & Power.

Once operational, Senegal’s inaugural offshore oil project, the Sangomar field development – which anticipates first oil in mid-2024 -, will offer a wealth of prospects for E&P companies, technology and service providers and investors from the African and global landscape. Meanwhile, spanning exploration, production, power generation and refinery development, initial production of the cross-border Grand Tortue Ahmeyim natural gas field is also expected in this year. Opportunities extend to development of the country’s flagship BirAllah offshore gas field, which is expected to start production in 2028.

In addition to oil and gas, the MSGBC region offers a wealth of opportunities in green energy. In Mauritania, renewable energy developer CWP Global is constructing a $40 billion green hydrogen project comprising 18 GW of wind capacity and 12 GW of solar. The Gambia is actively pursuing renewable energy initiatives, aiming to achieve universal access to electricity by 2025. The country is also venturing into green hydrogen production, capitalizing on untapped solar and wind resources while offering commercial prospects for energy exports to international markets.

Prime investment opportunities in Guinea-Bissau’s agricultural and forestry sectors will be made available during this year’s event. Recognized as West Africa’s green lung, the country is well-positioned to tap into the growing carbon credit market. Meanwhile, Guinea-Conakry’s mining sector is a robust industry – the country holds the world’s largest reserves of bauxite at 7.4 billion tons alongside other minerals -, with numerous foreign companies engaged in the development of essential minerals for the global energy transition.

MSGBC Oil, Gas & Power 2024 will also place Morocco’s energy vision center-stage as the country strives to lead the region towards global partnerships and large-scale developments. Driven by a commitment towards renewable energy and sustainable development, Morocco’s green energy space is ripe for investment for public- and private-sector players eager to participate in driving energy security worldwide.

This year’s MSGBC Oil, Gas & Power conference features a comprehensive program covering every segment of the regional value chain, where investors and stakeholders converge to unlock new frontiers in sustainable energy development. As the region advances towards first oil and gas production, MSGBC Oil, Gas & Power 2024 invites movers and shakers from across the West African and global energy industry to foster partnerships, sign deals and advance project developments.

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

Events

As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

Published

on

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.

Continue Reading

Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

Published

on

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.

 

Continue Reading

Business

The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

Published

on

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).

Continue Reading

Trending

Exit mobile version