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Promoting Efficient and Sustainable Access to Energy for All: Eni Confirmed as Bronze Sponsor at African Energy Week 2023

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Eni

The African Energy Chamber is proud to announce that Eni has joined the African Energy Week 2023 conference as a Bronze Sponsor

JOHANNESBURG, South Africa, October 27, 2023/APO Group/ — 

As frontier exploration continues to shape investment in Africa, countries on the continent continue to benefit from unprecedented periods of economic growth on the back of first oil and gas production. Given the continent’s growing demand for industrialization and socioeconomic development, bringing new oil and gas supplies to the market has emerged as an area of focus for many international oil and gas exploration and production (E&P) companies. The role E&P companies, such as oil and gas supermajor Eni, play in driving investment into the African upstream sector will continue to shape the continent’s energy future while alleviating energy poverty.

As such, Eni has joined the African Energy Week (AEW) 2023 conference – taking place from 16-20 October in Cape Town – as a Bronze Sponsor, where the company’s participation will be critical towards shaping discussions around the continent’s energy future while reaffirming the event’s position as Africa’s premier energy event. The continued development of Africa’s abundant resources remains a pivotal factor in driving the continent’s economic growth, with Eni poised to showcase its commitment to large-scale projects and strategic partnerships during this year’s summit.

With over 60 years of experience in Africa and serving as one of the most active players in the continent’s E&P space, the supermajor has sought to expand its presence in the region and is expected to present its biggest achievements, current projects, and the role oil and gas development will play in Africa’s energy future at AEW 2023. Aligning with the company’s strategy to ensure and promote energy security, environmental sustainability, and socioeconomic development, Eni’s operational footprint in Africa includes work in Angola, Nigeria, Gabon, Ivory Coast, Ghana, the Republic of Congo, and Mozambique.

Eni’s ongoing investments and collaborative efforts ensuring energy security on the continent showcases the major as a strong partner for both regional and global players

In Nigeria, Eni operates onshore Oil Mining Leases (OML) 60, 61, 62, and 63, and offshore OML 125 and OPL 245, which cover a developed and undeveloped acreage of over 27,964km2. The company also holds interests in conventional on- and offshore blocks in the West African country, resulting in an annual production rate of 11 million barrels of oil and condensate, 62 billion cubic feet of natural gas, and 23 million barrels of oil equivalent in hydrocarbon production. What’s more, the supermajor holds a 10.4% stake in Nigeria LNG Ltd., which operates the Bonny natural gas liquefaction plant in the eastern Niger Delta, and which boasts a production capacity of 22 million tons of LNG per year.

Meanwhile, serving as sub-Saharan Africa’s largest oil producer, Angola’s lucrative hydrocarbon assets are managed by Eni through its 50:50 joint venture with multinational oil and gas company bp, Azule Energy, which now acts as the country’s largest independent equity producer of oil and gas. In Angola, Eni’s main asset is Block 15/06, and holds 2 billion barrels equivalent of oil resources through 16 licenses, boasting a production rate of approximately 250,000 barrels per day.

In November 2022, Eni announced the first shipment of Liquefied Natural Gas (LNG) produced from the Coral Gas field in the ultra-deep waters of the Rovuma Basin in Mozambique. With a liquefaction capacity of 3.4 million tons per year, Eni will provide LNG from the reservoir’s 450 billion cubic meters of gas, thus marking an important contribution to energy security in the region while ensuring the diversification of gas supplies to international markets.

Meanwhile, upstream activities carried out in the Pointe-Noire and Koilou regions of the Republic of Congo is poised to result in the export of approximately 4.5 billion cubic meters of gas by 2025. Increasing the production of gas in the Central African country will enhance commercialization of the country’s resource-base while bringing much-needed energy and investment to the region. Additionally, in August 2023, Eni started oil and gas production at the Baleine field in Côte d’Ivoire, while in July 2021, the supermajor announced a significant oil discovery on the Eban exploration prospect in CTP Block 4, offshore Ghana.

“For decades, Eni has served as a strong partner for African energy. The company’s operations in the countries where it operates highlight its steadfast dedication to unlocking the full potential of African oil and gas while strongly supporting sustainable socioeconomic development,” stated NJ Ayuk, Executive Chairman of the African Energy Chamber (AEC), adding, “Eni’s ongoing investments and collaborative efforts ensuring energy security on the continent showcases the major as a strong partner for both regional and global players.”

As a Bronze Sponsor at AEW 2023, Eni will participate in exclusive networking and panel sessions, showcasing the company’s growth strategy. During this year’s edition, Eni is expected to illustrate the role it plays in Africa’s just energy transition while highlighting its ambition towards catalyzing investment and development across the continent’s burgeoning energy market.

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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February 6, 2026

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

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February 6, 2026

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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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February 6, 2026

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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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