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Premier Invest’s Rene Awambeng Joins African Energy Week (AEW) 2024 Amid Calls to Increase Investment in African Energy

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Rene Awambeng

Taking place November 4-8, African Energy Week: Invest in African Energy connects global investors and project developers with African project opportunities

CAPE TOWN, South Africa, June 24, 2024/APO Group/ — 

Rene Awambeng, Founder and Managing Partner at investment firm Premier Invest, will speak at this year’s African Energy Week (AEW): Invest in African Energy conference (www.AECWeek.com) – scheduled for November 4-8 in Cape Town. Awambeng joins a strong slate of high-level speakers in Cape Town as the industry convenes to discuss strategies for making energy poverty history in Africa by 2030.

With over 125 billion barrels of proven crude oil reserves and 620 trillion cubic feet of natural gas, Africa’s hydrocarbon resources have the potential to bolster energy access and long-term economic growth. Yet, to achieve all of its energy-related goals, the continent requires over $200 billion in annual financing, highlighting a substantial investment gap. Institutions such as Premier Invest play an instrumental part in advising clients across the industry on financial and strategic matters, and during AEW: Invest in African Energy 2024, Awambeng will unpack emerging project opportunities in Africa as well as strategies in place for closing the financing gap.  

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.

Africa cannot afford to keep its oil and gas resources in the ground and companies such as Premier Invest recognize this

Currently, Africa receives merely 5% of global energy investment, with access to funding gradually declining due to global shifts to renewable energy and macro-economic influencers. To address this financing challenge, Premier Invest offers a range of financial advisory services, supporting clients across the industry as they seek investment for small, medium and large-scale projects. Leveraging the firm’s depth of expertise across various industries and geographies, the company supports project development and financial insight. Beyond financing, Premier Invest provides advisory services related to strategic mergers and acquisitions (M&A). Partnering with public and private corporate clients, the company provides advice on all financial, strategic and tactical elements of evaluating and executing M&A transactions in Africa.

Africa is experiencing robust M&A activity across its oil and gas industry, owing largely to play-opening discoveries made in countries such as Namibia as well as new finds discovered in producing markets such as Angola. According to the African Energy Chamber’s (AEC) State of African Energy 2024 Outlook, M&A activity in Africa in 2023 reached a total transaction value of $3.2 billion. While this figure falls short of the transactions witnessed in previous years, in 2024, an upward trend of M&A activity is expected following the commercial success of offshore discoveries in southern and west Africa.

Specifically, Namibia has already seen a surge of M&A activity in 2024 following commercial success in the Orange Basin. Notable deals include Sintana Energy acquiring a stake in PEL 79; Azule Energy announcing its PEL 85 farm-in; Chevron acquiring a majority stake in PEL 82; and many more. Beyond Namibia, recent deals include the Abu Dhabi National Oil Company acquiring Galp Energias’ 10% interest in the Area 4 concession of Mozambique’s Rovuma basin in May 2024; TotalEnergies and QatarEnerg acquiring a majority stake in an exploration license in South Africa, and more. As Africa’s oil and gas market witnesses a surge in transactions, companies such as Premier Invest stand ready to support deals and projects.

“Africa cannot afford to keep its oil and gas resources in the ground and companies such as Premier Invest recognize this. Through its range of advisory services covering finance, M&A transactions, capital markets, restructuring and liability management and more, the firm is committed to supporting clients realize their goals in the African energy industry,” stated NJ Ayuk, Executive Chairman of the AEC.

During AEW: Invest in African Energy 2024, Awambeng will take part in a series of panel discussions while engaging with a host of African energy leaders and global investors. Awambeng’s participation speaks to the caliber of AEW: Invest in African Energy as the premier event for the African energy industry and will strengthen dialogue surrounding project financing.  

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

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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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