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OGV Group to Position Aberdeen as Gateway for African Energy Deals at West African Energy Summit (WAES) 2025

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Aberdeen’s OGV Group will host the West African Energy Summit 2025, uniting global energy leaders to drive investment, innovation and strategic partnerships across Africa’s rapidly expanding energy sector

ABERDEEN, Scotland, June 10, 2025/APO Group/ –Aberdeen will host the West African Energy Summit (WAES) from November 18-19, 2025, positioning the city as a global hub for service companies looking to forge long-term partnerships with Africa’s energy markets. Organized by OGV Group, the summit will bring together upstream operators, financial institutions, technology providers and policy leaders to drive investment and collaboration across the continent’s dynamic energy sector.

WAES 2025 builds on decades of cooperation between Aberdeen and African markets. As one of the world’s foremost centers of oil and gas innovation, Aberdeen has played an instrumental role in shaping Africa’s upstream and offshore industries. Global service companies based in the city – including SLB, TechnipFMC, Subsea7 and Aker Solutions – continue to deliver cutting-edge technology, project management excellence and workforce development to support Africa’s growing energy sector.

Africa is not just seeking suppliers – it’s looking for strategic partners who can help build a long-term, resilient energy future

SLB continues to deliver transformative value in Africa through its Integrated Performance Excellence Center in Luanda, Angola, driving project optimization across the full asset lifecycle. In Libya, the company’s operations have delivered a combined 100,000 barrels per day of new production, underpinned by advanced drilling and reservoir technologies developed in Aberdeen. Likewise, TechnipFMC has become a cornerstone of Africa’s deepwater growth. With a major engineering center in Aberdeen, the company supports high-profile projects such as Nigeria’s $5 billion Bonga North field, Angola’s Ndungu development and Mozambique’s Coral South LNG.

Meanwhile, Subsea7 and Aker Solutions have deepened their African engagement with the objective of maximizing local content and knowledge transfer. Subsea7 recently secured up to $150 million in new contracts for subsea pipeline installation across West Africa while Aker Solutions has renewed a long-term services contract with Azule Energy in Angola. These efforts are supported by longstanding human capital development programs, with Aberdeen and nearby Dundee having trained hundreds of African engineers, technicians and project managers, creating a robust skills pipeline that benefits both continents. This legacy of collaboration is foundational to the African Energy Chamber’s (AEC) vision for sustainable, Africa-led energy growth.

As such, WAES 2025 is set to build on these relationships by providing a platform for new deals, strategic dialogue and cross-continental investment. By bringing together upstream operators, financial institutions, technology providers and policy leaders, the summit will showcase Africa’s $43 billion in projected oil and gas capital expenditure for 2025. Emerging opportunities in LNG, hydrogen and renewables will also take center stage.

To further strengthen these ties, NJ Ayuk, Executive Chairman of the AEC will visit Aberdeen on July 11, 2025, ahead of WAES and the upcoming African Energy Week: Invest in African Energies conference – taking place in Cape Town from September 29 to October 3. Ayuk will speak at the OGV Taproom, located at the heart of Aberdeen’s innovation corridor, underscoring the city’s role as a vital bridge between Europe’s technical excellence and Africa’s vast resource potential.

“Africa is not just seeking suppliers – it’s looking for strategic partners who can help build a long-term, resilient energy future. WAES will serve as the meeting point for such partnerships, enabling Scottish and international service providers to participate in Africa’s energy renaissance,” states Ayuk.

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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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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