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Premier Invest Joins African Energy Week (AEW) 2024 as Silver Sponsor, Championing African Energy Investments

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African Energy Week

Premier Invest will participate in African Energy Week: Invest in African Energy this November, with a focus on driving increased investments to fuel growth in Africa’s energy sector

CAPE TOWN, South Africa, July 25, 2024/APO Group/ — 

Global investment firm Premier Invest entered into a partnership with energy major Shell last month to facilitate financing for oil and gas projects across Africa. Through this strategic collaboration, the two companies will work together to identify and co-finance transactions in the region, aiming for substantial returns while benefiting local communities and economies.

Premier Invest has joined the African Energy Week (AEW): Invest in African Energy conference – November 4-8 – as a silver sponsor in line with efforts to champion energy investment in Africa. The company’s Managing Partner Rene Awambeng is also speaking at the event, providing insight into how this partnership and other initiatives led by Premier Invest will advance project development in Africa.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Premier Invest’s strategic partnership with Shell and GOC is a leap forward for Africa’s energy landscape

Africa currently receives less than 5% of global energy-related investment, which hinders the implementation of large-scale energy projects across the continent – especially in oil and gas. The lack of foreign direct investment further impedes the development of infrastructure for refining petroleum products and expanding power generation and distribution capacity. Premier Invest aims to address these challenges by offering key financial advisory services including strategic and M&A advisory, capital markets support and restructuring. The company serves as an advisor for leaders in business and government, with a focus on local expertise and global reach.

As the continent witnesses increased M&A activity, particularly in its upstream sector, the company’s role as a financial advisor is imperative. In the first two quarters of 2024, significant oil and gas acquisitions targeted southern African assets, emphasizing frontier exploration and LNG projects. Notable deals include international oil company Azule Energy’s acquisition of a 42.5% interest in Namibia’s Block 2914A; Abu Dhabi National Oil Company purchase of a 10% equity stake in Mozambique’s Area 4; and Canadian independent Renaissance Africa Energy’s acquisition of interests in Shell Petroleum Development Company in Nigeria. These transactions reflect a broader trend of increased M&A activity in Africa’s upstream sector, where companies seek to leverage the continent’s hydrocarbon resources for energy security and economic growth. Premier Invest fits into this dynamic space by providing essential financial advisory services to facilitate these transformative transactions, thereby contributing to the continent’s energy development and economic growth.

In May, the company signed a six-month agreement with Gabon Oil Company (GOC) to raise $1.2 billion to acquire Gabonese oil producer Assala Energy and its assets from US equity firm Carlyle. This acquisition would mean that GOC would take ownership of assets including seven onshore production licenses, a pipeline network and the Gamba export terminal in Gabon. This is significant as it will enhance Gabon’s energy infrastructure and production capabilities and give GOC greater responsibility and control over Gabonese assets.

“Premier Invest’s strategic partnership with Shell and GOC is a leap forward for Africa’s energy landscape. By championing investments in African energy projects, the company is not only addressing the continent’s critical need for financial resources but also driving sustainable economic growth. Its role as a financial advisor is vital in unlocking Africa’s vast energy potential, ensuring energy security and long-term prosperity,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

During AEW: Invest in African Energy 2024, Premier Invest will leverage its participation to connect with African leaders, industry stakeholders and global energy players. This engagement will provide opportunities to discuss collaborative projects and share insights on advancing Africa’s energy sector. AEW: Invest in African Energy 2024 serves as a platform for Premier Invest to showcase its vision for the continent’s energy future and explore strategic partnerships that can drive progress and innovation.

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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Debate

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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Business

Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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CLG

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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ITFC

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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