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Namibia International Energy Conference (NIEC) 2025: Namibia Puts Local Content at the Center of Development Agenda

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As a strategic partner to the Namibia International Energy Conference, the African Energy Chamber supports Namibia’s bold local content agenda, as the country emerges as a model for inclusive, value-driven energy development

CAPE TOWN, South Africa, April 24, 2025/APO Group/ –Opening the 7th Namibia International Energy Conference (NIEC) on April 23 in Windhoek, Namibian officials, global investors and regional stakeholders rallied around a shared vision for the country’s energy future – one rooted in local content, value addition and energy sovereignty.

Delivering the opening keynote, Namibian Prime Minister Dr. Elijah Ngurare reaffirmed Namibia’s commitment to developing local capacity – both human and infrastructural – to drive long-term sector growth. He emphasized academic training, integration of academia into planning, and strong public-private collaboration as key to transitioning Namibia’s discoveries into full-scale production.

“Our approach is practical and focused on long-term impact. Local content includes value addition and developing downstream infrastructure, but at the core of this is human capital development – equipping locals to lead in a changing global industry,” he said.

In a period marked by rapid offshore discoveries – most notably in the Orange Basin, but also extending to promising regions such as Walvis Bay and the Kavango Basin – Namibia has taken a proactive stance to ensure that it does not follow the path of resource-rich nations that failed to convert hydrocarbons into broad-based economic development.

Prime Minister Ngurare also expressed support for broader continental energy goals – highlighting that Africa accounted for 8% of global oil supply in 2024 and that Namibia is committed to helping raise the continent’s output to 7 million barrels per day.

Deputy Prime Minister and Minister of Industries, Mines & Energy, Natangwe Ithete, echoed these priorities, stressing the need for Namibia to evolve beyond the role of a raw resource exporter: “We want to prioritize local content and become a hub for processing. Creating jobs and developing infrastructure will drive industrialization and ensure regional energy security.”

Creating jobs and developing infrastructure will drive industrialization and ensure regional energy security

He noted that upcoming exploration and development projects across Namibia’s offshore and onshore basins are not only an opportunity for domestic growth, but also a catalyst for regional economic integration across the Southern African Development Community.

As a strategic partner to NIEC, the African Energy Chamber (AEC) joined government and industry leaders in affirming Namibia’s vision to make energy development a driver of local empowerment and economic growth. “Namibia and Africa have an energy deficit, and our message is clear: we must develop every drop of hydrocarbons to power our people. Namibians need to be part of that process, and there should be no apology in pushing for local content.,” said NJ Ayuk, Executive Chairman of the AEC.

Ayuk also emphasized that regulatory and fiscal stability are vital to attracting and sustaining energy investment: “We can’t produce wells without regulatory stability. We’ve seen African nations make discoveries, but fail to produce due to instability. We must learn from those mistakes. We don’t want Namibia to repeat the delays experienced elsewhere.”

Namibia’s Local Content Vision Aligns with AEW 2025 Agenda

Namibia’s strong stance on local content and value creation reflects central themes of this year’s African Energy Week (AEW): Invest in African Energies conference, set to return to Cape Town on September 29–October 3. As Africa’s premier platform for energy dialogue and investment, AEW 2025 will spotlight Namibia’s rising profile as a model for integrating local participation with investor confidence. The country is set to play a key role in shaping discussions around frontier and deepwater exploration, regional infrastructure integration and the development of localized supply chains.

As Namibia advances its energy ambitions, it is emerging not only as a frontier exploration hotspot, but as a regional leader in inclusive, value-driven development. With a growing number of international operators active in the Orange Basin and beyond, Namibia is poised to set a new standard for resource development rooted in skills training, local value creation and broad-based economic growth.

From Windhoek to Cape Town, momentum is building. While NIEC 2025 has reignited the conversation on Namibia’s energy future, AEW 2025 will push it forward – transforming ambition into actionable deals, aligned policies and impactful partnerships.

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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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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