Connect with us
Anglostratits

Business

One Week to Go until Industry Experts Gather at the Invest in African Energy Forum in Paris

Published

on

African Energy Forum

From the rich oil and gas reserves in East and Southern Africa to the renewable energy prospects in North Africa and the dynamic markets of the CEMAC region, in one week, the Invest in African Energy Forum in Paris will showcase the lucrative investment opportunities across the African energy market

JOHANNESBURG, South Africa, May 25, 2023/APO Group/ — 

While prolific hydrocarbon basins present new opportunities for E&P players, the energy transition triggers newfound focus on renewable energies and rising demand sees priority placed on infrastructure development, the African Energy Chamber’s (www.EnergyChamber.org) Invest in African Energy Forum in Paris unites African and European energy stakeholders to discuss investment opportunities across the African energy sector. With just one week remaining until this ground-breaking Forum takes place at the Westin Paris Vendome on June 1, the Forum promises to be a game-changer for the energy industry, as participants gather to explore investment opportunities and forge partnerships that will shape the future of Africa’s energy landscape.

The Invest in African Energy Forum in Paris brings together a distinguished line-up of speakers and industry experts, providing valuable insights on a wide range of topics. With a focus on oil and gas exploration and production, the growing significance of renewables, and the importance of local content initiatives, the forum will offer a comprehensive understanding of Africa’s immense energy potential. Esteemed speakers will share their experiences, expertise, and success stories, highlighting key trends, investment opportunities, and challenges faced across the African sector. Attendees will gain unparalleled access to the latest developments and investment prospects, as well as learn from the lessons and best practices shared by industry leaders.

With proven reserves of 620 trillion cubic feet of gas and 125.3 billion barrels of oil, Africa boasts significant energy resources. Among the top oil and gas producers in Africa are Nigeria, Angola, Libya, Egypt, Algeria and Congo, all of which have long-been key players in the industry. However, smaller markets such as Equatorial Guinea, Senegal, and Mozambique are making notable strides to contribute to Africa’s growing hydrocarbon sector. These countries are among those that are actively attracting investments, developing their resources, and establishing themselves as important players in the global energy landscape. With this in mind, the Invest in African Energy Forum in Paris will serve as a gathering place where deals can be signed for new and existing projects within the continent.

Through continued partnerships with France and Europe, we can foster greater collaboration, technology transfer, and sustainable development in the energy sector

On the renewables front, the continent is also harnessing its significant solar, wind and hydrogen potential, with the current pipeline capacity reaching 120 GW, 134 GW and 112 GW for these resources, respectively. These renewable energy resources offer a significant opportunity for French and European countries looking at investing in the continent’s clean energy future. With abundant solar potential, notable projects like Morocco’s 580 MW Ouarzazate station, Egypt’s 1.8 GW Benban Solar development, and South Africa’s 175 MW De Aar solar project demonstrate the continent’s progress. Regarding wind energy, projects such as Senegal’s 158 MW Taiba N-diaye; Egypt’s 250 MW West Bakr and 262.5 MW Ras Ghareb; and Kenya’s 310 MW Lake Turkana further highlight investment prospects while ambitious hydrogen projects such as Mauritania’s $40 billion CWP Global-led megaproject; Namibia’s $9.4 billion HYPHEN Hydrogen-led development; and South Africa’s $4.6 billion Green Ammonia Plant demonstrate the significant potential for hydrogen-related developments in Africa. 

What’s more, the Invest in African Energy Forum in Paris will also focus on the importance of empowering local communities and businesses, examining strategies to enhance local participation, and showcasing successful initiatives that promote sustainable development while prioritizing local communities.

What sets this Forum apart is the active involvement of the host country, France, in Africa’s energy sector. France’s contribution to Africa’s energy sector goes beyond funding and projects. French companies and investors actively promote technology transfer and knowledge sharing, empowering African nations to enhance their technical capabilities. Through capacity building and partnerships, France strengthens its relationship with Africa, fostering cooperation and mutual benefits in the energy sector. Notably, French companies like TotalEnergies have played a significant role in Africa’s oil and gas activities, with longstanding operations in countries such as Angola, Nigeria, and achieving notable milestones in Namibia’s Orange Basin. Other companies such as Technip Energies represent valuable service providers while clean energy firms such as EDF Renewables and ENGIE continue to drive impactful projects and knowledge sharing.

“The Invest in African Energy Forum in Paris will drive investments into Africa’s energy sector and shape the future of our continent. It provides a unique platform for industry leaders, investors, and policymakers to unite and explore the vast opportunities that Africa offers. Through continued partnerships with France and Europe, we can foster greater collaboration, technology transfer, and sustainable development in the energy sector. This Forum is a must-attend for anyone looking to be a part of Africa’s energy transformation and unlock its immense potential,” states NJ Ayuk, Executive Chairman of the AEC.

Taking place on June 1st, 2023, at the Westin Paris Vendome in France, the Invest in African Energy Forum in Paris is open to all guests and RSVP (https://apo-opa.info/3KQXc64) is essential. RSVP to registration@aecweek.com.

Distributed by APO Group on behalf of African Energy Chamber.

Business

Aurionpro expands its multi-country transaction banking engagement with Diamond Trust Bank (DTB)

Published

on

Aurionpro

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers

MUMBAI, India, April 30, 2026/APO Group/ –Aurionpro Solutions Limited (www.AurionPro.com) (BSE: 532668 | NSE: AURIONPRO)a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries.

Download Document: https://apo-opa.co/4edHUaC

This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience, streamline operations, and support growing transaction volumes as it expands its regional corporate banking footprint. DTB continues to focus on building a more agile, ‘digital-first’ banking experience, particularly around payments for its corporate customers across Africa, and is now well positioned to scale these capabilities. As part of its broader transformation agenda, the bank has been steadily investing in platforms that enhance scale, reliability, and service consistency across markets.

Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers. By enabling DTB to standardize and scale its transaction banking operations across countries, the platform ensures consistent service levels, stronger control, and improved efficiency. It also supports enhanced user experience, advanced security, and the flexibility to introduce new features as DTB expands its regional transaction banking footprint.

Murali Natarajan (https://apo-opa.co/48trPdk), Managing Director & CEO, DTB Kenya   commented: “We are delighted to strengthen and broaden our partnership with Aurionpro Solutions as part of DTB’s ongoing digital transformation journey across multiple markets. Our focus on innovation, operational excellence, and customer-centricity continues to guide our technology investments. This upgrade strengthens our transaction banking capabilities, enabling us to deliver greater value to our customers through robust digital channels and seamlessly integrated experiences.”

Ashish Rai, Group CEO, Aurionpro Solutions, commented: “We are pleased to deepen our multi-country engagement with Diamond Trust Bank and support the next phase of its transaction banking modernization. As DTB continues to scale across markets, platform resilience and consistency become paramount. Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility, deliver superior experiences to corporate customers, and create long-term value across geographies.”

He added, “Aurionpro’s iCashpro lays a strong digital foundation for transaction & wholesale banks across the globe to grow their corporate and SME client portfolio today, while creating a clear roadmap for next- generation capabilities in AI-driven insights, advanced automation and API-led connectivity for businesses in Kenya and across Africa.”

Distributed by APO Group on behalf of Aurionpro Solutions Ltd.

 

Continue Reading

Business

Minerals Council Chief Executive Officer (CEO) Joins African Mining Week (AMW) as South Africa Improves Sectorial Investment Climate

Published

on

Energy Capital

Minerals Council CEO to share insights on policy, infrastructure and investment trends shaping South Africa’s mining industry

CAPE TOWN, South Africa, April 30, 2026/APO Group/ –The upcoming African Mining Week (AMW) conference will feature Mzila Mthenjane, CEO of the Minerals Council of South Africa, as a speaker. Scheduled for October 14 – 16, 2026 in Cape Town, the event will bring together global investors, policymakers and industry leaders, with Mthenjane’s participation highlighting the council’s commitment to engaging international stakeholders and promoting investment across South Africa’s mining sector.

His participation comes at a critical moment as the Minerals Council works closely with government on finalizing the Mineral Resources Development Bill 2025, a policy framework aimed at strengthening the country’s mining investment climate and the sector’s contribution to GDP. According to the council, the revised legislation will support new investment across the value chain as South Africa seeks to mobilize R2 trillion over the next five years to unlock its critical minerals potential.

The policy reforms come amid shifting production trends in the sector. In 2025, South Africa recorded declines in gold and platinum group metals output of 1.9% and 4.1%, respectively. The new regulatory framework is expected to strengthen public-private partnerships and stimulate investment, enabling South Africa to increase production and capitalize on strong global commodity prices. Increased private sector investments is crucial with South Africa seeking targeting to unlock an estimated R40 trillion in untapped iron ore potential as well as maintain its position as the world’s leading producer of chrome and manganese.

At AMW 2026, Mthenjane is expected to outline these trends, providing insights into how the council is contributing to addressing challenges disrupting the sector. Infrastructure and energy costs remain key concerns for industry players. To support the energy-intensive sector, South Africa approved a 35% reduction in electricity tariffs for major ferrochrome producers, helping stabilize an industry that has faced significant cost pressures after electricity prices surged by roughly 900% since 2008.

Logistics constraints are also a priority area for reform. South Africa’s economy is losing an estimated R1 billion per day due to inefficiencies across rail and port infrastructure. As a result, the government is considering measures supported by the Minerals Council to increase private sector participation in logistics. Planned reforms include rail modernization initiatives targeting 250 million tons of freight capacity by 2029, alongside port upgrades and private operator participation aimed at strengthening mineral exports and improving supply chain efficiency.

Beyond infrastructure and policy reforms, the Minerals Council is advocating for stronger exploration investment to support long-term industry growth.

At AMW, Mthenjane is expected to highlight these developments and outline the steps required to reinforce South Africa’s position in the global minerals supply chain. His insights will offer investors and stakeholders a timely perspective on opportunities within the country’s mining sector.

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

Continue Reading

Energy

Seychelles Targets Energy Investment Push as Minister Jérémie Joins African Energy Week (AEW) 2026 as a Speaker

Published

on

African Energy Chamber

Seychelles energy minister will speak at AEW 2026, positioning her to highlight reforms, renewable projects and investment opportunities as the island nation advances its transition toward a diversified energy system

CAPE TOWN, South Africa, April 29, 2026/APO Group/ –Marie-May Jérémie, Minister of Environment, Climate, Energy and Natural Resources for Seychelles will participate as a speaker at this year’s African Energy Week (AEW) 2026, taking place from October 12–16 in Cape Town. Her participation underscores the country’s growing role in shaping Africa’s small-island energy transition agenda.

Minister Jérémie’s presence at AEW 2026 comes at a critical time as Seychelles accelerates efforts to reduce its heavy reliance on imported fossil fuels. The event provides a platform to attract investment, strengthen policy alignment and showcase bankable projects, positioning the country as a viable destination for private-sector participation in island energy systems.

Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments

In May last year, international finance institution the World Bank approved the Renewable Energy Acceleration Program, a seven-year initiative aimed at modernizing the grid and increasing renewable energy penetration to 15% by 2030. The program focuses on unlocking private capital while strengthening transmission infrastructure to accommodate variable renewable energy sources.

Project development is gaining traction in the country, particularly in innovative technologies suited to Seychelles’ land constraints. The 5.8 MW Seysun Lagoon floating solar PV project, developed by independent renewable power producer Qair, is under construction and expected online in 2026.

Alongside renewables, Seychelles continues to pursue upstream opportunities to diversify its economy. The government approved new exploration entrants in 2025 and extended exiting petroleum agreements, while securing an infrastructure partnership with China. Multilateral estimates suggest over $800 million in investment will be required over the next 25 years.

Regulatory reform is central to this transition, with Seychelles introducing an independent power producer framework to open the market to private developers. Standardized power purchase agreements, grid access reforms and strengthened public-private partnership structures are being implemented to improve transparency, reduce risk and accelerate project bankability across solar, storage and emerging wind opportunities.

“Minister Jérémie’s participation highlights the strategic importance of island nations in Africa’s broader energy transition,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments. Her insights will be critical to advancing dialogue on resilient, low-carbon energy systems across the continent.”

Distributed by APO Group on behalf of African Energy Chamber.

Continue Reading

Trending