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PetroNor Exploration & Production (E&P) Chairman to Spearhead Sustainable Oil Practice Dialogue at African Energy Week (AEW) 2023

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PetroNor E&P Chairman Eyas Alhomouz will deliver a keynote address at African Energy Week 2023, providing insight into the independent oil and gas company’s African exploration efforts as well as sustainability practices

JOHANNESBURG, South Africa, July 19, 2023/APO Group/ — 

Independent oil and gas company PetroNor has been advancing its footprint across the African energy sector, driving the next wave of sustainable oil and gas developments. Leveraging its experience and strong partnership potential, the company is awakening new hydrocarbon plays continent-wide while accelerating the development and monetization of resources in mature markets. As an independent, PetroNor E&P serves as an example for other E&P companies looking at strengthening their presence and investing in Africa’s oil and gas space, as the company progresses with its exploration agenda, a wave of upstream success is on the horizon for Africa.

This year’s edition of the African Energy Week (AEW) conference – taking place in Cape Town from October 16-20 – serves as a platform where independents such as PetroNor can accelerate their E&P efforts in Africa. The event, representing the biggest gathering of energy stakeholders on the continent, connects African governments and policymakers with global investors and project developers, and this year, PetroNor E&P Chairman Eyas Alhomouz will return to the conference as a keynote speaker.

As the Chairman, Alhomouz plays an instrumental part in driving the company’s exploration and production agenda. Having worked in various positions across the global oil and gas sector, including in the United States, Middle East and North Africa, Alhomouz has garnered significant expertise in oilfield services, business development and management. Before taking on the role as Chairman at PetroNor E&P, Alhomouz worked for Schlumberger Oilfield Service – now SLB; Cromwell Energy; Prism Seismic and Jaidah Energy. A degree in Chemical Engineering and Masters in Mineral and Energy Economics further consolidate his position as an industry expert.

At PetroNor E&P, this experience has enabled him to lead the company from one success into another. As a rising E&P player worldwide, PetroNor E&P continues to showcase its potential as a strong and reputable oil and gas competitor as well as fierce advocate for the sustainable development of hydrocarbons. PetroNor E&P has a commitment to operating responsibly and to endeavors that enrich the communities in which it operates. As such, PetroNor E&P is spearheading corporate social investments, with various programs underway to bolster capacity building and community outreach. These include a Power to Educate program, aimed at supporting O&G training in emerging countries; a Tertiary Technical Capacity Development initiative, aimed at improving access to quality education; a platform for advancing gas-based energy solutions for households and health initiatives aimed at training local health and medical professionals while investing in facilities.

Independent oil and gas companies such as PetroNor have set a benchmark for the global energy industry

The company deploys state-of-the-art technology across its upstream portfolio with the aim of maximizing operational efficiency and reducing environmental impacts. With a focus on sub-Saharan Africa, the company currently has multiple licenses in West Africa, including the Republic of Congo, The Gambia, Guinea-Bissau, Senegal and Nigeria.

The company continues to make progress across the MSGBC region, where major offshore projects have revealed the potential for both shallow and deepwater finds. PetroNor E&P holds interests in the A4 license in The Gambia as well as a 90% operating stake in Senegal’s exploration blocks ­– the Rufisque Offshore Profond and Senegal Offshore Sud Profond. This year, PetroNor E&P signed an agreement to farm-out 100% of its participating interest in the Sinapa and Esperança licenses offshore Guinea-Bissau, enabling the company to strengthen its balance sheet and redirect capital and technology to other regional exploration drilling campaigns.

Meanwhile, in the Republic of Congo, PetroNor E&P continues to make strides towards increasing production on the back of upstream drilling. The company commenced with infill drilling in May 2023 on the Tschibeli field. The first half of the year saw PetroNor E&P average gross production of 30,330 barrels per day, representing a 15% increase year-on-year and made possible through strong contributions from six wells on the Litanzi and Tchibelie fields drilled in 2022. Also in 2022, PetroNor E&P completed the acquisition of Panoro Energy’s interest in Offshore Mining License 113 in Nigeria, comprising the Aje oil and gas field.

“Independent oil and gas companies such as PetroNor have set a benchmark for the global energy industry. Placing sustainability at the core, PetroNor is not only a strong competitor in the African oil and gas market but is at the forefront of economic growth through its focus on social investment, capacity building and outreach. For Africa to unlock the true potential of its oil and gas resources, the continent needs companies such as PetroNor,” states NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC). “We are excited to once again host Alhomouz in Cape Town for AEW and look forward to the discussions he will be leading regarding the E&P-sustainability nexus in Africa.”

During AEW 2023, Alhomouz will participate in several panel discussions and presentations centered on African exploration and production; integrating sustainable oilfield practices in future developments; and the role independent oil and gas companies play in Africa’s energy future. His engagement through various networking forums and investors summits is aimed at driving new deals across Africa, with a series of updates regarding PetroNor E&P’s long-term agenda will be provided.

AEW is the AEC’s annual conference, exhibition and networking event. AEW 2023 unites African energy stakeholders with investors and international partners to drive industry growth and development and promote Africa as the destination for energy investments. For more information, visit www.AECWeek.com

Distributed by APO Group on behalf of African Energy Chamber.

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ST Telemedia Global Data Centres Accelerates AI Ambitions, Achieves Certification under NVIDIA DGX-Ready Data Center Program

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SINGAPORE – Media OutReach Newswire – 13 March 2025 – ST Telemedia Global Data Centres (STT GDC), one of the world’s fastest-growing data centre colocation service providers headquartered in Singapore, today announced it is now an NVIDIA colocation partner. Two of its data centre facilities in Southeast Asia (SEA) – STT Singapore 6, and STT Bangkok 1 – have achieved certification in the NVIDIA DGX-Ready Data Center programme. These are the first facilities in STT GDC’s portfolio to achieve this certification.

The NVIDIA DGX platform is purpose-built for enterprise AI, powering AI workloads spanning analytics, training, and inference. It offers advanced compute density, performance and scale with a single, unified system that can power the complete enterprise AI lifecycle. The NVIDIA DGX-Ready Data Center certification enables STT GDC to offer our customers access to world-class, state-of-the-art data centre facilities to run their most important AI workloads.

STT GDC is among the first Singapore-headquartered companies to achieve this certification, recognising its continued focus on supporting the global growth ambitions of businesses as they transition from the digital era to the intelligent era. This is driven by accelerated computing, a key driver of AI innovation, and by STT GDC’s ability to support advanced AI capabilities and next-generation infrastructure, such as NVIDIA DGX GB200 systems. STT GDC’s AI-ready data centres are designed to accommodate the thermal demands of such cutting-edge technology, with support for both immersion cooling and direct-to-chip cooling technologies.

“The DGX-Ready Data Center certification helps ensure that our customers have access to the robust infrastructure and expertise required to deploy and scale high-performance AI workloads. Achieving this certification underscores our commitment to supporting the rapid growth of AI adoption across industries, helping our customers focus on innovation, accelerate their AI initiatives with confidence and achieve a quicker time-to-value for their AI investments,” said Daniel Pointon, Group Chief Technology Officer, ST Telemedia Global Data Centres.

“As organizations embrace AI to enhance customer experiences and drive better business outcomes, robust environments that are optimized for AI infrastructure become critical,” said Tony Paikeday, senior director of AI systems at NVIDIA. “STT GDC’s achievement of the NVIDIA DGX-Ready Data Center certification empowers enterprises in Southeast Asia to simplify their AI initiatives with optimized, high-performance infrastructure and facilities that enable the delivery of data-fueled insights sooner.”

AI continues to transform industries globally, driving innovation in everything from predictive analytics to autonomous systems. Worldwide spending on AI is expected to more than double by 2028, reaching US$632 billion[1]. AI has the potential to fundamentally disrupt global markets by innovating new business models and offerings. Strategic investments in AI will be necessary to enable businesses to both unlock competitive advantage and maximise the full potential of AI.

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Tima Networks to Create $100M Fund with African Energy Chamber (AEC)

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MoUs were signed with Tima Networks and Yunan County Chuangxing Industrial Investment Group

SHANGHAI, China, March 13, 2025/APO Group/ –The African Energy Chamber (AEC) (https://EnergyChamber.org) – the voice of the African energy sector – signed two Memoranda of Understanding at the Invest in African Energies Forum in Shanghai on Thursday. The deals support China-Africa energy ties by facilitating partnerships and technology exchange between Chinese and African companies.

The first deal, signed with B2B technology company Tima Networks, will see the company bring its automated fleet management technology to Africa. Tima Networks is a software company that utilizes Artificial Intelligence to enhance EV efficiency and management, promoting technology-driven transportation. The partnership will work to implement this innovative fleet management technology across Africa, supporting the utilization and adoption of EVs across the continent.

The second deal, signed with Yunan County Chuangxing Industrial Investment Group, was a Strategic Cooperation Framework Agreement aimed at facilitating interactions between the Chinese and African energy and chemical industries. Under the terms of the deal, the parties will work together to encourage African firms and projects establish themselves in the Yunfu Yunan Industrial Park. The parties will also establish a platform for technological exchange and resource-sharing between Chinese and African enterprises to support sustainable development.

The Invest in African Energies Forum in Shanghai served as a prelude to the African Energy Week (AEW): Invest in African Energies conference, slated for September 29 to October 3 in Cape Town. As the largest event of its kind in Africa, AEW: Invest in African Energies fosters collaboration and investment in Africa. For Chinese companies, the event offers a strategic opportunity to gain insight into African projects while strengthening ties with African firms.

Distributed by APO Group on behalf of African Energy Chamber.

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Access Bank’s Africa Trade Conference Ignites New Era of Intra-Africa Commerce

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The prestigious African Icon Award was presented to IHS Group, Dangote Industries Limited, and MTN Group Limited for their significant contributions to Africa’s economic progress

CAPE TOWN, South Africa, March 13, 2025/APO Group/ –Access Bank PLC (www.AccessBankPLC.com) successfully hosted the inaugural Africa Trade Conference in Cape Town, South Africa, bringing together industry leaders, policymakers, and trade experts to drive solutions for accelerating intra-African trade and unlocking the continent’s economic potential. The conference tackled critical challenges, including limited access to capital, market information gaps, trust deficits between trading partners, and the urgent need for modernised trade infrastructure.

Roosevelt Ogbonna, Managing Director/CEO of Access Bank, delivered the opening remarks, setting the tone for discussions by highlighting the critical barriers hindering trade across Africa. He emphasised the urgent need for financial sector collaboration to facilitate seamless access to capital and foster a business environment where African enterprises can scale and compete globally.

 

“We must invest in the initiatives that ensure that we can bring businesses together, forge trust, and create the connections necessary for trade. In doing so, we must stamp out the narrative that ‘Made in Africa’ is inferior to any product made anywhere else in the world. We must buy Africa, be proud to wear Africa, and invest in Africa because that is what the continent needs to leap forward into the next generation,” Ogbonna stated.

With Africa’s population projected to surge to 2.5 billion by 2050 from 1.2 billion, the African Continental Free Trade Area (AfCFTA) stands as the most significant free trade initiative since the formation of the World Trade Organisation. By fostering economic integration, AfCFTA has the potential to reshape trade dynamics across the continent, creating a unified market that enhances industrialisation, boosts employment, and strengthens Africa’s global competitiveness. Recognising this transformative opportunity, H.E. Wamkele K. Mene, Secretary-General of AfCFTA, emphasised the urgency of fully implementing the agreement to unlock its immense benefits.

“The AfCFTA is not just a trade agreement; it is an instrument for Africa’s industrialisation and economic sovereignty. It is a tool that will enable us to break down historic trade barriers and build an Africa that is self-sufficient, competitive, and prosperous. But for this to happen, we must commit to operationalising the agreement fully, ensuring that businesses, particularly SMEs and women-led enterprises, have access to the information, capital, and platforms they need to thrive,” Mene stated.

Also, Kanayo Awani, Executive Vice President of Afreximbank, emphasised the importance of financing mechanisms that support African businesses in their expansion across borders. She reaffirmed Afreximbank’s commitment to championing trade finance solutions and infrastructure investments that will unlock Africa’s trade potential.

“At Afreximbank, we understand that trade finance is the lifeblood of economic development. Without it, businesses cannot scale, industries cannot innovate, and Africa cannot fully realise its trade potential. This is why we have developed instruments such as the Pan-African Payment and Settlement System (PAPSS) to facilitate seamless transactions across borders, reducing reliance on foreign currencies and strengthening intra-African trade,” Awani remarked.

We must invest in the initiatives that ensure that we can bring businesses together, forge trust, and create the connections necessary for trade

The conference featured an insightful testimonial from Nathalie Louat, Global Director at the IFC/World Bank Group, who pointed out the pivotal role of trade finance in enabling cross-border transactions and supporting financial inclusion. She underscored the long-standing partnership between IFC and Access Bank in fostering Africa’s economic resilience.

Several high-level panel discussions explored strategies to overcome trade barriers and enhance market access through innovative solutions. Experts from leading institutions, including Deutsche Bank, Traydstream, OWP Partners, Fiducia International, and more, examined how infrastructure improvements, digital solutions, and policy harmonisation could drive economic growth and boost intra-African trade.

Dr. Marc Auboin from the World Trade Organization (WTO) shared key insights on how digital transformation is reshaping Africa’s supply chain landscape, creating efficiency and unlocking new global market opportunities. Tanya Dos Santos-Ford from GIBS Business School also led a session on sustainable trade practices, emphasising the need for environmentally responsible economic growth strategies.

The event culminated in an awards ceremony recognising outstanding contributions to intra-African trade and economic transformation. Tradepass Commodities Limited (Ghana), Chemaf International FZE (DR Congo), and Harvest Group of Companies (Zambia) were honoured for their impact on SMEs and women-led trade enterprises. Bulkstream Limited (Kenya) and Electricidade de Moçambique (Mozambique) received awards for advancing intra-African trade, while Tennant Metals South Africa Pty Ltd was recognised as an Emerging Leader in Trade.

The International Finance Corporation (IFC) was awarded the Climate Finance Leadership Award, while Afreximbank received the Champion of Intra-African Trade Award. The African Development Bank (AfDB) and Africa Finance Corporation (AFC) were celebrated for their roles in economic transformation and infrastructure finance, respectively. The prestigious African Icon Award was presented to IHS Group, Dangote Industries Limited, and MTN Group Limited for their significant contributions to Africa’s economic progress

As the conference ended, Seyi Kumapayi, Executive Director, African Subsidiaries at Access Bank, reaffirmed the institution’s commitment to supporting trade finance, fostering regional integration, and championing policies that create an enabling environment for businesses across Africa.

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Distributed by APO Group on behalf of Access Bank PLC.

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