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Republic of Congo to Launch Inaugural Congo Energy & Investment Forum at African Energy Week

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Energy & Investment Forum

A press conference announcing the Congo Energy & Investment Forum – set for March 2025 in Brazzaville – will take place during African Energy Week: Invest in African Energy, highlighting the Republic of Congo’s dynamic energy investment landscape

CAPE TOWN, South Africa, October 31, 2024/APO Group/ — 

The Republic of Congo’s (RoC) Ministry of Hydrocarbons will hold a press conference during African Energy Week: Invest in African Energy (AEW) on November 4 in Cape Town to announce the inaugural Congo Energy & Investment Forum (CIEF), scheduled for March 25-26, 2025 in Brazzaville. This high-profile event will position the RoC as a prominent player in Africa’s energy landscape, showcasing extensive investment opportunities across its energy sector. 

Under the leadership of Hydrocarbons Minister Bruno Jean-Richard Itoua, the RoC is on track to realizing its full energy potential, with an anticipated production of 280,000 barrels of oil per day by the end of 2024, making it sub-Saharan Africa’s fourth-largest oil producer. CEIF will build on this momentum by highlighting new projects and partnerships that strengthen the RoC’s standing among top oil-producing nations like Angola and Nigeria. 

The RoC’s national oil company Société Nationale des Pétroles du Congo (SNPC) – led by Managing Director Maixent Raoul Ominga – is leading Congo’s energy growth. Among its many projects across the hydrocarbons value chain, the company holds a majority stake in the Mengo Kundji Bindi II permit, with an estimated 2.5 billion barrels of oil. SNPC’s initiatives in this field encompass the development of 13 wells, extensive 3D seismic data acquisition and the construction of six production platforms. 

Introducing CEIF at Africa’s premier energy event, African Energy Week, marks a major milestone for the RoC’s investment climate

Organized by Energy Capital & Power and supported by the African Energy Chamber, CEIF will bring together government leaders, investors and industry experts, providing critical insights into the country’s latest upstream developments. The forum offers a unique platform to connect local and international investors with opportunities in both onshore and offshore projects, paving the way for impactful collaborations.  

At AEW: Invest in African Energy, the Ministry of Hydrocarbons is also set to release its comprehensive Gas Master Plan at the “Invest in the Republic of Congo Energies” Roundtable Discussion, aiming to unlock untapped gas potential, attract new investments and facilitate smaller-scale projects with favorable fiscal terms. Additional reforms include establishing a national gas company and introducing a new Gas Code to support the commercialization of stranded and flared gas assets. 

Gas development is a growing focus in the RoC, which is home to over 10 trillion cubic feet of proven natural gas reserves. The country achieved its first LNG exports from Eni’s Tango FLNG facility in February 2024, with a second unit set to be operational by late-2025, adding an annual capacity of 2.4 million tons. Additionally, the RoC targets 3 million tons of LNG production annually by 2025 from Eni’s Marine XII project, involving LNG units at the Nenè and Litchendjili fields.  

“Introducing CEIF at Africa’s premier energy event, African Energy Week, marks a major milestone for the RoC’s investment climate,” says James Chester, CEO of Energy Capital & Power, CEIF organizers. “This platform amplifies the country’s strategic energy initiatives and demonstrates to investors and industry stakeholders that the Congo is serious about advancing its energy sector. African Energy Week offers a powerful opportunity to highlight the country’s ongoing achievements and vast potential, fostering essential connections that can drive investment and long-term partnerships across the region.” 

For more information, please visit www.CongoEnergyInvestment.com

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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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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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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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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