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Perenco’s Recent Deals and Activities Push an Ambitious Gas and Low Carbon Agenda

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Independent oil and gas company, Perenco, has undertaken an ambitious gas agenda in Africa, an agenda which is set to help make energy poverty history by 2030

JOHANNESBURG, South Africa, November 17, 2022/APO Group/ — 

Independent oil and gas company, Perenco, has been driving an ambitious natural gas expansion agenda in Africa, recognizing the role the resource plays in meeting growing demand, kickstarting industrialization and socioeconomic growth while accelerating the transition to a clean energy future. The company’s gas drive has not only enabled Perenco to expand its footprint across the continent but has been instrumental in helping the continent address energy poverty through job creation, capacity building and partnerships with local companies.

Driving Sustainable Gas Developments in Africa

With over 600 trillion cubic feet (tcf) of proven natural gas resources on the African continent, Perenco has been quick to cement its position at the forefront of the continent’s gas development, driving several operations across a number of high potential markets. With gas representing the fuel of the future in Africa, Perenco has taken an accelerated approach to developing resources, implementing operational excellence and sustainability throughout the company’s gas operations.

In Cameroon, for example, Perenco, in partnership with the country’s national oil company, Société Nationale des Hydrocarbures, has developed and is now operating the Hilli Episeyo Floating Liquefied Natural Gas (LNG) facility, the first of its kind worldwide. Eager to expand its operations in the sector even further, earlier this year, the company signed a definitive conditional agreement with oil and gas exploration company, New Age, whereby Perenco will acquire all of its participating interest in the permit as well as operatorship of the Etinde Joint Venture. The deal will see Perenco taking on a more proactive role in the country’s upstream gas industry while kick starting momentum at the Etinde conventional gas development project. Finally, Perenco also has two decisive agreements for the start-up of activities at the 6.5 million cubic feet per day Keda plant. As such, Perenco’s Cameroon gas agenda is progressing rapidly.

In North Africa, Perenco acquired Anglo-Swiss multinational Glencore’s entities, with Perenco now holding Glencore’s entire upstream oil interests in the country. With the acquisition, Perenco now holds full operatorship of PetroChad Mangara – the operator of the Mangara, Badila and Krim oil fields in Chad’s Doba Basin.

Perenco’s drive for low-carbon technology, renewables and operational practices has placed its approach to resource development as a highly sought-after method

What’s more, in the Republic of Congo, Perenco has been operating since 2001, with the independent now operating both the Emeraude and Likouala fields as well as the Yombo field with the Floating Production, Storage and Offloading unit and the PNGF South fields. Perenco’s production in 2021 equated to 75,000 barrels per day (bpd), with the company looking at scaling up exploration in the high potential market even further.

Meanwhile, in the Democratic Republic of the Congo (DRC), for example, Perenco represents the only company operating, with 11 production fields producing approximately 25,000 barrels of oil per day on average while the company invests heavily in new wells. With the DRC opening up 30 new blocks as part of its 2022 licensing round – three of which are gas blocks – opportunities for Perenco’s expansion across the market even further are optimistic.

Finally, in Gabon, production activity commenced in 1992, and now, the company has increased production from 8,000 bpd to 100,000 bpd and 50 million cubic feet of gas. Holding a number of both on- and offshore licenses across the country, Perenco additionally operates two FPSO’s, with the company providing natural gas to the power stations of Libreville and Port-Gentil. As such, Perenco has become a key player in Gabon’s power sector, delivering much-needed gas for power generation and distribution across the region.

A Steadfast Partner of Africa

Through the number of gas projects being driven by Perenco, the company has remained a steadfast partner of the continent and its developmental journey. The large-scale developments being steered by the company have not only significantly improved power supply and access across the continent – a particularly critical task given that over 600 million people are without access to electricity in Africa and over 900 million without access to clean cooking solutions – but have opened up new and crucial opportunities for job creation and capacity building, with the company stepping up as a local content advocate and community developer.

Perenco’s commitment to the continent goes beyond the social aspects, with the independent remaining committed to delivering environmentally-aware operations. By striking a balance between oil and gas development and sustainability – deploying state-of-the-art technology at its operations to reduce emissions, enhance efficiency while ensuring uttermost operational excellence, Perenco has placed hydrocarbon development in line with environmental protection.

“Perenco’s drive for low-carbon technology, renewables and operational practices has placed its approach to resource development as a highly sought-after method, with the company recording its carbon emissions and disclosing them to the relevant authorities so as to improve transparency. They still hire a majority of Africans on all their operations” NJ Ayuk, Executive Chairman of the African Energy Chamber

“We at the Chamber are very impressed with the innovative initiatives they have used to reduce all scopes of emissions including reductions in energy usage through optimization and field efficiency; using gas for power generation; reducing flaring; reducing air travel; and developing gas networks, Perenco has set a benchmark for other independents across the continent”. Concluded Ayuk

Distributed by APO Group on behalf of African Energy Chamber.

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IsDBI and Awqaf Mauritius Foundation Organize International Waqf Conference to Advance Community Empowerment and Sustainable Development

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The three-day programme convened ministers and lawmakers, waqf founders and managers, diplomats, imams, legal practitioners, non-governmental organizations, community leaders, academics, youth representatives and members of the wider Muslim community

PORT LOUIS, Mauritius, September 10, 2026/APO Group/ –The Islamic Development Bank Institute (IsDBI) (https://IsDBInstitute.org) and Awqaf (Mauritius) Foundation (AMF) successfully concluded the International Waqf Conference held in Port Louis, Mauritius, from 3 to 5 September 2026.

 




 
 

Organized under the theme “Reviving Waqf for Community Empowerment: Building Strong Waqf Foundations through Strategic Management, Good Governance and Sustainable Investment,” the conference provided a high-level platform to explore how waqf can be revitalized as a heritage institution and transformed into a modern driver of socio-economic development.

The three-day programme convened ministers and lawmakers, waqf founders and managers, diplomats, imams, legal practitioners, non-governmental organizations, community leaders, academics, youth representatives and members of the wider Muslim community. In addition to Mauritius, participants from Comoros, Madagascar, Malaysia, Singapore, Maldives, Mozambique, Reunion, Seychelles, South Africa, Tanzania and the United Kingdom attended the conference.

Participants examined the foundational principles of waqf, governance models, asset development strategies, investment approaches, practical solutions and examples, legal documentation and the role of waqf institutions in promoting transparency, accountability and long-term social impact.

The conference opened with a welcome address from AMF Chairman, Dr. Najmul Hussein Rassool, and speeches by the Honourable Muhammad Reza Cassam Uteem, Minister of Labour and Industrial Relations, and  the Honourable Shakeel Ahmed Yousuf Abdul Razack Mohamed, Minister of Housing and Lands.

This was followed by a keynote address by Mr. Yahya Aleem ur Rehman, Head of Knowledge Leaders, IsDBI, on “Reviving Waqf: Unlocking a Heritage Asset for Impactful Socio-Economic Development.” Sessions over the first two days covered the history and principles of waqf, the state of waqf in Mauritius, governance and accountability models, sustainable structuring of waqf assets, and international experiences from Southeast Asia, Europe and Africa.

The programme also featured a panel discussion on the Waqf Act 1941 and a dedicated session on the financing of waqf projects by IsDB’s Awqaf Properties Investment Fund (APIF) led by Dr. Mohamed Ali Chatti and Dr. Hassan Mahfooz. These discussions highlighted the importance of enabling legal frameworks, sound fiduciary oversight, strong documentation, professional asset management and innovative financing in advancing the waqf sector.

The final day was dedicated to a capacity-building workshop on “Strengthening Waqf Leadership: Capacity Building for Waqf Managers (Mutawallis) and Legal Practitioners.” The workshop focused on practical training in waqf development, management and operations, as well as the drafting of waqfnama, or waqf deeds, in line with Shari’ah requirements and the Mauritian legal context. The capacity building was delivered by experts from various jurisdictions including Mr. Aboubacar Salihou Kante from the IsDB Institute.

Experts from IsDBI, APIF and international partner institutions shared practical insights on the roles of waqif, mutawalli, beneficiaries and regulators; waqf development strategies and best practices; the design of waqf development plans; and the essential elements of a waqf deed. The training reinforced the need for clear governance structures, robust investment policies, risk management, compliance, monitoring and reporting mechanisms, and the effective use of technology in waqf administration.

The participation by IsDBI and APIF representatives in the conference underscored the IsDB Group’s commitment to supporting member countries and Muslim communities in strengthening Islamic social finance institutions, promoting knowledge-based solutions, and helping unlock the developmental potential of waqf. The Institute’s contribution reflected its broader mandate to advance capacity development, applied research and knowledge sharing in Islamic economics and finance.

IsDBI commends the Awqaf (Mauritius) Foundation for organizing the conference and for its efforts to raise awareness, build institutional capacity and encourage community engagement around waqf in Mauritius. The Institute also acknowledges the contributions of speakers and experts from Mauritius, Saudi Arabia, Malaysia, Singapore, South Africa, Türkiye and the United Kingdom, whose participation enriched the exchange of experiences and practical solutions.

Distributed by APO Group on behalf of Islamic Development Bank Institute (IsDBI).

 

 




 

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Africa Data Centres partners with Oni-Tel to enhance data centre connectivity in South Africa

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For Africa Data Centres, which operates the continent’s largest interconnected, vendor- and cloud-neutral data centre platform, the collaboration strengthens its service portfolio by enhancing performance and expanding connectivity options within its facilities

JOHANNESBURG, South Africa, April 13, 2026/APO Group/ –Africa Data Centres (www.AfricaDataCentres.com), a business of Cassava Technologies, a global technology leader of African heritage, has partnered with fibre optic cable infrastructure provider Oni-Tel Fibre Networks to strengthen connectivity across its Gauteng facilities. Under the agreement, Oni-Tel will deliver high-speed, low-latency connectivity to Africa Data Centres’ Midrand and Samrand campuses through its Infinity fibre interconnection platform.

 




  

 

Purpose-built for data centre interconnectivity on a resilient network with direct access to Gauteng’s key data centre hubs, this provides customers with fast, high-capacity bandwidth and secure, carrier-grade performance, supporting the levels of uptime required in today’s data-driven environments.

Our partnership with Africa Data Centres enables us to deliver our premium fibre interconnection solution into some of the most strategically important data centre hubs in Gauteng

“As enterprises accelerate cloud adoption, AI deployment, and data-intensive workloads, they need dependable, scalable connectivity within trusted local data centres. By partnering with Oni-Tel, we’re giving our customers access to enhanced fibre infrastructure that supports their growth and innovation, while maintaining secure, enterprise-grade environments for businesses navigating South Africa’s digital economy,” said Adil El Youssefi, CEO of Africa Data Centres.

For Africa Data Centres, which operates the continent’s largest interconnected, vendor- and cloud-neutral data centre platform, the collaboration strengthens its service portfolio by enhancing performance and expanding connectivity options within its facilities. Customers gain greater interconnection choice, high-availability architecture, seamless bandwidth, and the ability to scale efficiently as their infrastructure requirements grow.

“Our partnership with Africa Data Centres enables us to deliver our premium fibre interconnection solution into some of the most strategically important data centre hubs in Gauteng. Through Infinity, customers benefit from ultra-low latency connectivity, scalable capacity, and secure, carrier-grade infrastructure designed to keep their businesses ahead in an extremely competitive digital landscape,” said Ellisha Gobind, Chief Commercial Officer at Oni-Tel.

Africa Data Centres’ facilities across the continent serve as key interconnection hubs, supporting enterprises, cloud service providers, financial institutions, mobile network operators, fixed network operators, and other users. Oni-Tel’s dark fibre solution further expands the range of carrier-neutral options available to Gauteng customers, enabling improved network speed and performance.

As demand for secure, high-performance digital infrastructure continues to rise, Africa Data Centres remains focused on building a robust, interconnected ecosystem that supports enterprise innovation and long-term growth across South Africa and the wider region.

Distributed by APO Group on behalf of Africa Data Centres.

 

 




 

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Changpeng Zhao (CZ) Releases Freedom of Money, a Memoir Reflecting on the Rise of Crypto and the Story Behind Binance

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The memoir also reflects on the challenges that came with building at such speed, including the pressures of scaling a global company, regulatory scrutiny as the industry matured, and CZ’s personal experience serving a four month sentence in a U.S. federal prison

JOHANNESBURG, South Africa, April 13, 2026/APO Group/ –Few figures have been as closely associated with the rise of the cryptocurrency industry as Binance (www.Binance.com) co-founder Changpeng Zhao (CZ). In his new memoir,  Freedom of Money, A Memoir of Protecting Users, Resilience, and the Founding of Binance,  CZ offers a candid account of the early days of crypto, the rapid explosion of Binance, and the personal consequences of building at the centre of one of the fastest moving industries in modern finance.

 




  

Available globally from 08th April 2026 on Amazon Kindle and Paperback, Freedom of Money traces CZ’s journey from his early life and unconventional path into technology through the founding and rapid growth of Binance during a period when the cryptocurrency industry was expanding at unprecedented speed.

Part memoir and part reflection on the evolution of digital assets, the book offers readers a builder’s perspective on what it was like to grow a global platform in a new industry where the rules were still being written.

“While many people congratulated me on being number one, something else gave me more satisfaction,” CZ writes in the book. “I was getting messages from users all around the world thanking us for providing them with financial access or even financial freedom.”

The memoir also reflects on the challenges that came with building at such speed, including the pressures of scaling a global company, regulatory scrutiny as the industry matured, and CZ’s personal experience serving a four month sentence in a U.S. federal prison.

“This memoir is not a sanitized corporate story,” CZ said. “It reflects on what it was like to build during a time when the crypto industry was still taking shape – the successes, the mistakes, and the lessons that came from both.”

Freedom of Money offers a founder’s perspective on the challenges and opportunities that shaped digital assets during their formative years

Alongside the events that defined CZ’s career, Freedom of Money explores broader themes of money, technology and responsibility, and how his views on financial freedom have evolved over time.

Reflecting on a Defining Period in Crypto

Over the past decade, Binance has played a significant role in the growth of the digital asset ecosystem, helping support the development of infrastructure used by millions of users globally.

Freedom of Money provides CZ’s personal perspective on that period of rapid innovation and expansion in the cryptocurrency industry.

Richard Teng, Co-CEO of Binance, said: “The story of Binance is closely tied to the early evolution of the crypto industry. Freedom of Money offers a founder’s perspective on the challenges and opportunities that shaped digital assets during their formative years.”

Yi He, Co-Ceo of Binance, added: “The early days of crypto were fast-moving and full of possibility, even if not always fully understood. This book captures the energy of building in that moment and the incredible progress the industry has made since.”

Rachel Conlan, Chief Marketing Officer at Binance, said: “For many people, the story of crypto has been told through headlines and market cycles. What this book offers is a first person account from someone who helped build the infrastructure behind the industry’s growth.

Availability

  • Freedom of Money (https://apo-opa.co/4muGafd) is available globally 08 April 2026 on Amazon Kindle and Paperback.
  • The book is published in English and Chinese, with additional translations under consideration.
  • All proceeds from CZ’s authorship of the book will be donated to charity

Distributed by APO Group on behalf of Binance.

 

 




 

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