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Rift Over Oil and Gas Discrimination Claims Evident in Institutional Boycott of London African Energy Summit

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African Energy Chamber

The African oil industry – led by the continent’s petroleum ministers – will continue to boycott the upcoming Africa Energies Summit in London until the organizers address concerning policies around discrimination and local content

JOHANNESBURG, South Africa, March 31, 2026/APO Group/ –The industry-wide boycott of the upcoming Africa Energies Summit will continue as the conference organizers Frontier Energy Network refuse to abandon their policy of discrimination. The Mozambique oil industry alongside petroleum ministers from the African Petroleum Producers Organization have already withdrawn from the conference, citing concerns over the treatment of Black professionals and broader local content issues. With Frontier – led by Daniel Davidson – refusing to address the company’s decision to not hire Black professionals and the continued exclusion of Black voices, the African Energy Chamber (AEC) (https://EnergyChamber.org) calls on the continued boycott of the event.

 

“Our narrative and voices matter. Any company that wants to operate in the continent with a mindset of excluding Africans will fail. That’s why Africans are staying away from Africa Energies Summit 2026 and I am pleased that the petroleum ministers I have talked to have supported us by staying away from being part of the anti-African meeting in London,” states NJ Ayuk, Executive Chairman, AEC. “We thank the leadership of African ministers in their fight against this unjust behavior.”

Frontier’s discrimination sends an important message to the industry: now, more than ever, we have to prioritize local content and continue fighting for equality, skills development and fair practices. Several large-scale projects across the continent have already embedded local content within their developments. In the Republic of Congo, Wing Wah committed to boosting local content through the development of a training center aimed at equipping Congolese with skills to access to new jobs across the industry. Namibia’s cabinet approved an Upstream Local Content Policy to ensure that oil operations are inclusive and Africa-focused.

Any company that wants to operate in the continent with a mindset of excluding Africans will fail

The East African Crude Oil Pipeline – spearheaded by TotalEnergies and China National Offshore Oil Corporation – has taken a holistic approach to local content by prioritizing three pillars: employment and training, procurement of local goods and services and proposals for technology transfer and capacity building. Recent industry moves reflect the impact of local content in Africa, with African entrepreneurs buying IOC assets. Oando acquired operatorship of Angola’s Block KON 13. Renaissance Africa Energy Holdings acquired Shell’s Nigerian assets. These highlight a growing trend of IOC-trained entrepreneurs taking over projects.

Nowhere has local content been more visible than Africa’s emerging natural gas sector. As Equinor looks at developing the $42 billion Tanzania LNG project, the company is already integrating local content within the project dynamics. Engagement with the Petroleum Upstream Regulatory Authorities is underway to develop Local Content Plans, while efforts to prioritize local contractors, suppliers and employees are in motion. The Greater Tortue Ahemyim project in Senegal and Mauritania – operating since 2025 – also featured specific local content components. A national technician training program was established, over 300 local companies were contracted with 3,000 jobs created, while community investment and knowledge transfer formed the backbone of the project.

Mozambique is showing similar momentum. All of the country’s major LNG projects – Coral, Mozambique LNG and Rovuma LNG – are prioritizing local content. Mozambique LNG alone plans to spend $4.5 billion on services contracted by Mozambican suppliers. South Africa’s recently introduced Draft Upstream Petroleum Resources Development Regulations reinforce mandatory local participation, requiring operators to submit plans for skills development, employment equity and procurement. These moves signal a continental push towards inclusion and collaborative energy partnerships.

“Across all of these projects, the AEC has been there fighting. International oil companies such as ExxonMobil, Chevron, bp and Eni have been some of the greatest champions of local content and STEM in Africa. Imagine if, after all the work they have done, conference producers send a message that the industry has no place for someone because of their skin color?” states Ayuk, adding “Seismic companies should also do their part. They have a horrible track record of not hiring and promoting Africans. I hope they change.”

During times such as this, legacy producers such as Angola, Nigeria, the Republic of Congo and Libya must continue championing local content, setting a strong example for other countries. On the other hand, emerging and frontier markets such as Liberia, Namibia, The Gambia, Sierra Leone and more have a strategic opportunity to embed local content within their regulatory and energy systems from the start. They must avoid the mistake of starting on the wrong foot.

“We can’t stop our relentless support for the oil industry. We must be 100% pro oil and pro local content,” Ayuk concluded.

Distributed by APO Group on behalf of African Energy Chamber.

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Africa Finance Corporation (AFC), Development Finance Corporation (DFC), Standard Bank and Africa50 Lead Finance Lineup at African Mining Week 2026

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Leading development finance institutions, commercial banks and private investment firms will explore financing strategies that can unlock the continent’s estimated $29.5 trillion in mine-site mineral wealth at AMW 2026

CAPE TOWN, South Africa, July 17, 2026/APO Group/ –As Africa moves to unlock an estimated $29.5 trillion in mine-site mineral value, development finance institutions, commercial banks and private investment firms are expanding financial support to help transform the continent into a globally competitive mining hub.

The growing role of financiers in unlocking Africa’s mining value chain will take center stage at African Mining Week (AMW) 2026, taking place October 14–16 in Cape Town. The event will bring together leading financial institutions – including Africa Finance Corporation (AFC), the U.S. International Development Finance Corporation (DFC), the Industrial Development Corporation of South Africa (IDC), Standard Bank, Absa Bank, Trade and Development Bank (TDB), Africa50, Apeiron Investment Group and World Mining Investment – to showcase financing models supporting mining development across the continent.

AMW comes as momentum behind mining finance continues to accelerate. In July 2026, AFC, DFC and the Development Bank of Southern Africa reached financial close on the $753 million Lobito Corridor Railway Project, one of Africa’s most significant infrastructure investments supporting the mining sector. The project will rehabilitate 1,300 km of railway linking Angola’s Port of Lobito with the DRC and Zambia, creating a faster and more cost-effective export corridor for copper, cobalt and other strategic minerals.

At AMW 2026, Vibhuti Jain, Managing Director & Regional Head for Africa at DFC, is expected to discuss the institution’s growing investment portfolio and the U.S. strategy to strengthen critical mineral supply chains through Africa.

The event also comes as South Africa strengthens exploration finance through the IDC-managed Junior Exploration Fund. In June 2026, the IDC reached a new financing milestone, increasing the number of junior mining companies supported through the fund to 13. Earlier in the year, the IDC expanded the fund’s capital allocation to R600 million, advancing the country’s efforts to revive exploration, stimulate greenfield development and strengthen the participation of locally owned mining companies. Thabiso Sekano, IDC’s Head of Mining and Metals, is expected to discuss the fund’s progress alongside broader initiatives supporting the mining industry through investments in industrial infrastructure.

Infrastructure finance will also be a key focus at AMW 2026, with Simbarashe Chikarango, Head of Project and Infrastructure Finance at TDB, and Folaseto Akin-Olugbade of Africa50 expected to highlight investments aimed at addressing the energy, transport and logistics constraints that continue to limit mining productivity.

 

TDB recently partnered with several financial institutions to launch a $176 million energy investment platform that will accelerate private-sector electrification across sub-Saharan Africa. The bank is also providing a $150 million syndicated facility to Mota-Engil Africa to finance transport, mining and infrastructure projects across multiple African markets. Meanwhile, Africa50 is supporting Kenya’s $311 million electricity transmission public-private partnership, strengthening power infrastructure essential for mining and industrial development.

Commercial banks are likewise expanding their mining portfolios. Standard Bank and Absa Bank recently participated in a $130 million financing package for South African mining company Tharisa, supporting the company’s long-term growth strategy. Standard Bank also arranged a $150 million financing facility for Rosh Pinah Zinc Corporation in Namibia to support mine expansion, reinforcing its commitment to financing strategic mining projects across Southern Africa.

Deerosh Maharaj, Executive Head for Energy, Infrastructure and Mining at Standard Bank, and Shirley Webber, Managing Principal and Coverage Head for Resources and Energy at Absa Bank, are expected to discuss opportunities to increase capital flows into African mining projects.

Private investment firms are also stepping up efforts to channel international capital into Africa’s mining sector. Apeiron Investment Group and World Mining Investment are expanding initiatives to connect investors with the continent’s growing pipeline of mining opportunities, as Africa seeks to secure a significant share of the estimated $500 billion in global investment required by 2040 to meet soaring demand for critical minerals, including copper, lithium, graphite, nickel and rare earth elements.

Sebastian Wagner, Head of Natural Resources at Apeiron Investment Group, and Didier Rault, CEO of World Mining Investment, are expected to showcase financing strategies designed to connect global investors with Africa’s next generation of mining projects.

Distributed by APO Group on behalf of Energy Capital & Power.

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South Sudan Reforms Target New Investment Push as African Energy Chamber (AEC) Backs Oil Sector Revival

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A working visit to the country by the African Energy Chamber identified opportunities to promote investment as South Sudan pursues production growth and reform

JUBA, South Sudan, July 17, 2026/APO Group/ –South Sudan is taking steps to reposition itself as a strategic destination for foreign investment, with a renewed focus on attracting capital across the oil value chain. During a working visit to Juba, the African Energy Chamber (AEC) (https://EnergyChamber.org/) – which serves as the voice of the African energy sector – engaged with government officials and industry stakeholders to identify priority reforms designed to stimulate new capital flows, increase production and advance projects across both upstream and downstream segments.

The visit reflects a shared recognition that while South Sudan remains one of the continent’s most resource-rich oil frontiers, lack of investment has disrupted the country from unlocking the full potential of its hydrocarbon reserves. The government seeks to address this challenge by implementing new reforms aimed at strengthening the investment climate, ensuring clearer regulatory frameworks and incentivizing greater participation from both international and regional operators.

South Sudan possesses the resource potential to become one of Africa’s most compelling frontier investment destinations

With proven oil reserves of 3.5 billion barrels, South Sudan is both a legacy oil producer and currently the only major oil producer in East Africa. Production is largely led by the national oil company Nilepet, alongside Dar Petroleum Operating Company, Greater Nile Petroleum Company – operated by China National Petroleum Company – and Sudd Petroleum Operating Company. South Africa’s Strategic Fuel Fund also holds a 90% stake in the Block B2 concession, with plans to advance exploration while assessing opportunities for refining development.

Current production ranges between 70,000 barrels per day (bpd) and 100,000 bpd, with approximately 8.5 million to 12.2 million barrels of production estimated between August and November 2026. The government seeks to raise these numbers by attracting investment across the entire oil value chain, facilitating greater exports while addressing key national challenges such as fuel security and power generation. Oil represents the backbone of South Sudan’s economy, and the government seeks to cement this position by introducing reforms aimed at alleviating the country’s energy crisis.

To achieve this, the government has committed to reduce barriers to investment, improve project execution and create a more predictable environment for energy companies. Discussions also explored opportunities across natural gas, power generation and associated infrastructure, recognizing that diversified energy investment will be essential to supporting long-term economic development. The AEC reaffirmed its commitment to promote South Sudan on a global stage, taking the country’s energy story to a global audience.

Beyond oil and gas production, a major focus of the working visit was strengthening local content. Parties discussed strategies to increase employment opportunities for South Sudanese workers, while developing local value chains and ensuring that future projects generate broader economic benefits beyond production revenues. By increasing international visibility, the Chamber aims to position South Sudan alongside other emerging African energy markets competing for exploration and infrastructure capital.

“South Sudan possesses the resource potential to become one of Africa’s most compelling frontier investment destinations, but attracting capital requires sustained engagement with the global investment community. The Chamber will champion South Sudan’s opportunities on the international stage, connecting investors with government and industry leaders while supporting reforms that create a stable, competitive and investable energy sector capable of delivering long-term growth,” said NJ Ayuk, Executive Chairman of the AEC.

Distributed by APO Group on behalf of African Energy Chamber.

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VivaJets Returns to African Energy Week (AEW) 2026 as Gold Sponsor After Rapid Fleet and Route Expansion

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The Nigerian aviation company returns with a larger fleet, new financing and a West African hub in Abidjan

CAPE TOWN, South Africa, July 16, 2026/APO Group/ –VivaJets, the Nigerian business aviation company that served as the official Private Aviation Partner at African Energy Week (AEW) 2025, will return to the event as a Gold Sponsor at AEW 2026, taking place from October 12-16 in Cape Town. The upgrade reflects a year of rapid growth for the company, which has expanded its fleet, secured new international financing and opened its first hub outside Nigeria.

VivaJets operates under the parent company Falcon Aerospace Limited and provides aircraft charter, management and brokerage services from its base in Nigeria. Since beginning operations in 2022, the company has logged more than 2,000 flight hours serving corporate, government and energy-sector clients across domestic and international routes. It holds an Air Operator’s Certificate from the Nigerian Civil Aviation Authority, secured in March 2025, and currently operates a fleet of four aircraft including two Bombardier Challenger 604s, a Hawker 850XP and a Hawker 900XP. CEO Erika Achum has said the fleet will grow further by the third quarter of 2026.

The financing to support that growth has come quickly. In October 2025, VivaJets secured a $10 million credit facility from London-based TLG Capital, structured alongside Nigeria’s Wema Bank, in what both parties described as the first internationally structured aviation financing for a Nigerian air operator. In April 2026, the company raised a further $15 million and announced plans to open an operational hub in Abidjan, extending its reach into francophone West Africa and positioning itself closer to energy markets in Ivory Coast, Senegal and the wider MSGBC basin.

When investors and operators can move across borders without friction, deals close faster and projects move forward

Falcon Aerospace has also launched a joint venture, OrientJets, in partnership with Flybird Aircraft Management Services, based in Aruba, to serve international routes and strengthen the group’s presence beyond the continent.

The expansion is built around a thesis that private aviation in Africa is not a luxury service but an operational necessity, particularly for the energy sector. Oil and gas operations depend on moving personnel and equipment to remote field locations on short notice, investor delegations need reliable access to markets where commercial routes are limited or indirect and conference travel between African capitals often requires multiple connections on commercial airlines. According to industry data, roughly 80% of VivaJets’ charter demand comes from large corporate and government clients, with energy among the largest segments. At AEW 2025, VivaJets operated direct charter flights to Cape Town for delegates, putting the thesis into practice.

“Aviation is infrastructure for African energy, and VivaJets has shown how quickly a homegrown company can build the kind of connectivity that the sector needs,” says NJ Ayuk, Executive Chairman of the African Energy Chamber. “When investors and operators can move across borders without friction, deals close faster and projects move forward.”

VivaJets has also become a vocal advocate for the regulatory reform needed to make that connectivity easier. The company has called for the removal of restrictive visa regimes for aircrews and the harmonization of aviation rules across the continent, aligning with the African Union’s Single African Air Transport Market initiative, which aims to liberalize Africa’s airspace and lower the cost of intra-African travel.

The company’s growth from a single-aircraft startup in 2022 to a licensed, internationally financed aviation business with expanding routes across the continent has made it one of the more visible examples of African entrepreneurship in a sector long dominated by foreign operators. At AEW 2025, Achum spoke on the role of SMEs and startups in Africa’s energy economy, a theme the company is expected to carry forward at this year’s event.

Distributed by APO Group on behalf of African Energy Chamber.

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