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Perenco’s PetroChad Exports First Oil via Chad-Cameroon Pipeline

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The Perenco

The Perenco-owned company has announced the delivery of its first oil to the Chad-Cameroon pipeline, signaling a new era of oil production and distribution in Africa

JOHANNESBURG, South Africa, July 27, 2022/APO Group/ — 

In less than one month under new leadership, PetroChad Mangara has announced the export of its first barrel of oil via the Chad-Cameroon pipeline, ushering in a new era of production and revenue generation for Chad. At a time when global demand for oil is on the rise, the export marks a significant step towards restarting and rebuilding production in Chad, as the company aims to position the country as a globally competitive oil producer.  

What makes this development such a cause for celebration is that it demonstrates the commitment of both international oil companies and the country itself, while signaling a new era of production growth in Chad. Just last month, European independent oil and gas company Perenco completed the acquisition of Anglo-Swiss multinational Glencore’s corporate entities in Chad, providing the company with full ownership of PetroChad Mangara. With the acquisition, Perenco kicked off an ambitious production drive, with the company announcing its intention to restart production across key fields, bringing the country’s oil output back up to 16,000 barrels per day in the near term. Now, having announced its first export, this target is well on track, with a new era of industry growth awaiting the country.

Currently, PetroChad operates three major oil fields in Chad, namely, Mangara and Badila – both producing since 2014 and exporting oil via the Doba Oil Pipeline – and the undeveloped, yet high potential Krim oilfield. The announcement of first export via the Chad-Cameroon pipeline – a 1,070km-long pipeline linking the Doba oil fields in Chad with Cameroon’s Atlantic Coast pumping stations, ancillary facilities and infrastructure – marks the first step in the independent’s drive to resume production, while triggering associated exploration activities across the basin. The Krim oilfield itself represents a particularly attractive hydrocarbon hotspot, and with revenue generated from exports, exploration can kickstart and national output increase even further.

Chad has created an environment worthy of foreign investment and following this announcement, new developments are set to follow

According to Perenco, the export of first oil would not have been possible without the close coordination with Société des Hydrocarbures du Tchad (SHT) and the Ministry of Petroleum and Energy, led by Minister Djerassem le Bemadjiel. Both the ministry and SHT have emphasized the role that oil and gas will play in Chad’s energy and economic future, and by working closely with international energy major, Perenco, the country is already seeing growth. For SHT and the ministry, the announcement reaffirms Chad’s readiness to welcome international explorers and investors into the country while for Perenco, it demonstrates the company’s capacity to deliver operational results in a remarkably short time.

“Production is getting back on track. I am bullish about what this project. I have always believed that when African nations stop throwing up roadblocks and start working to ensure that our oil and gas operators invest, our best economic opportunities comes to fruition. Chad as a country will reap the benefits of its huge reserves now that its leaders are taking this historic opportunity with Perenco and other operators and we encourage them to continue the dialogue and put the right policies in place. Under Minister Djerassem le Bemadjiel, Chad has created an environment worthy of foreign investment and following this announcement, new developments are set to follow,” states NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC), adding that, “These kind of developments are what we at  the AEC are excited to see in Africa. We have been saying for years that we need to develop our oil and gas resources to make energy poverty history and by getting production back on track, kickstarting exploration and utilizing intra-African pipeline networks such as the Chad-Cameroon pipeline, Africa will develop.”

At a time when the African energy sector is getting ready to convene in Cape Town for the continent’s premier event for the oil and gas industry, African Energy Week (AEW) – taking place from October 18-21, 2022 – the announcement of first export from PetroChad’s operations brings new hope for improving production in Africa. As it stands, declines in legacy fields across oil producing countries, inadequate investment in upstream activities and ongoing energy transition trends continue to hamper any real growth of the African upstream sector. However, as emerging producers such as Chad strengthen their sectors and exports begin to once again flow, a new era of development awaits the continent.

Distributed by APO Group on behalf of African Energy Week (AEW).

Business

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

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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.

 

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

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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.

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

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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.

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