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Regional and Global Industry Leaders to Make Strong Case for Hydrocarbon Investment at Angola Oil & Gas (AOG) 2022

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AOG

Following on from discussions held during COP27 in Egypt, a suite of regional energy ministers will be coming to Angola Oil & Gas 2022 to discuss national energy developments, the need to ramp up financing and the role regional cooperation plays in Africa’s energy future

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

With the biggest energy event in Africa post-COP27 set to take place in Luanda from November 29 to December 1, a strong lineup of regional energy ministers will make their way to Angola to lead discussions on the state of play of their respective energy sectors. Angola Oil & Gas (AOG) 2022 is committed to securing new investment, not just in Angola’s sector, but the wider regional energy landscape at large, with the participation of these ministers serving to only enhance this agenda.

At the head is Diamantino Azevedo, Minister of Mineral Resources, Petroleum and Gas of Angola, who has played an instrumental role in positioning Angola as the biggest oil producer in Africa, an emerging globally competitive gas player and an increasingly attractive renewable energy market. On the oil and gas front, Angola has seen new discoveries being made such as ExxonMobil’s discovery at the Bavuca South-1 exploration well at the Block 15, offshore Angola this month; the launch of three new refinery projects; and the establishment of one of the largest single investments in the country’s energy sector, the Angola Liquefied Natural Gas (LNG) project. While on the renewables front, new commitments by TotalEnergies and other regional players to monetize the country’s abundant solar and wind potential. As such, the sector is ripe for investment and offers unparalleled opportunities for project developers and financiers alike.

Representing Namibia, the country’s Minister of Mines and Energy, Hon. Tom Alweendo, will also be participating in Angola, driving the discussion around the role an accelerated exploration drive plays in Africa’s energy future. With two major oil discoveries by TotalEnergies and Shell made off the coast of Namibia just this year, the country is poised for large-scale developments and is seeking new partnerships with regional and global financiers. In addition to oil and gas, Namibia’s significant green hydrogen potential has laid the foundation for multi-billion-dollar project launches by the likes of Hyphen Hydrogen Energy and others. With a sectoral transformation on the cards, Hon. Minister Alweendo will drive the investment discussion in Angola.

Contributing to this discussion will be Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea and a strong advocate for the role gas plays in Africa. For his part, Minister Obiang Lima has been instrumental in positioning his country as a regional gas hub, unlocking untapped gas resources across West Africa while working towards creating intra-African energy networks in pursuit of energy security. Through the processing facility Punta Europe, Equatorial Guinea monetizes both domestic and regional resources. As the country looks to maximize gas in Africa even further, securing new capital will be key in furthering Minister Obiang Lima’s expansion agenda.

Also driving the investment in gas agenda, Dr. Aissatou Sophie Gladima, Senegal’s Minister of Petroleum and Energies, will be participating at AOG 2022, advocating for heightened investment in African energy. With the 2.5 million ton per annum Greater Tortue Ahmeyim LNG development set to come online in early 2023, as well as the launch of other large-scale projects such as 230-million-barrel Sangomar oil project, Senegal’s energy future looks bright. However, to unlock the full potential of the sector, H.E. Dr. Minister Gladima is looking at improving investment as well as regional collaboration.

Meanwhile, representing one of Africa’s final frontiers, Didier Budimbu Ntubuanga, Minister of Hydrocarbons of the Democratic Republic of the Congo (DRC), has investment on the agenda, and will be providing critical insight into the DRC’s 30-block strong licensing round. With 27 oil and three gas blocks opening for investment in July 2022, the country offers stakeholders the opportunities to explore one of the last untapped basins worldwide.

Local content, free markets, energy poverty, women in energy and financing Angola’s energy growth will be critical

Finally, in pursuit of a defined and aligned oil and gas agenda for Africa, H.E. Haitham Al Ghais, Secretary General of the Organization of Petroleum Exporting Countries (OPEC) will be driving the discussion on how Africa can remain resilient despite global market instability. As head of one of the most influential energy organizations worldwide, the Secretary General is well positioned to drive the discussion on investment, exploration and production, and will be joining the ministerial lineup in making a strong case for African oil and gas.

“We will drive a discussion about Oil and Gas in Angola. Gas is critical and essential for Angola’s industrialization. Renewables are critical for the future, and we should embrace both. Local content, free markets, energy poverty, women in energy and financing Angola’s energy growth will be critical” NJ Ayuk, Executive Chairman of the African Energy Chamber

“Like we saw at the African Energy Week, Angolan energy industry reforms when it comes to eliminating red tape and cut unnecessary barriers is ensuring that the industry remains strong and reinforced our commitment to supporting the oil and natural gas industry in the years to come. I am confident that investment opportunities and deals will be closed in Luanda during this event” Concluded Ayuk

With AOG 2022 set to unlock significant investment across both the Angolan and regional energy landscape, the regional energy ministers in attendance will further this agenda by providing key insight into their respective sectors, engaging with stakeholders from across the regional and global market while driving the discussion on the role oil and gas plays in Africa’s energy future.

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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3 days ago

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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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