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Senegal, Mauritania Achieve First Gas at Greater Tortue Ahmeyim (GTA), Signaling New Era of Energy Security and West African Gas Production

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Senegal

Project developers Kosmos Energy and bp have officially opened the first well of the Greater Tortue Ahmeyim project offshore Senegal and Mauritania, representing a crucial first step towards the culmination of the project

DAKAR, Senegal, January 2, 2025/APO Group/ — 

Senegal and Mauritania have achieved a historic milestone with the start of operations at the Greater Tortue Ahmeyim (GTA) development. Project developers bp and Kosmos Energy, alongside Senegal’s national oil company (NOC) Petrosen and Mauritania’s NOC Societe Mauritanienne des Hydrocarbures (SMH), have officially opened the first well of the GTA project, signaling the start of technical operations and a new era of gas-driven development and energy security in West Africa.

As the voice of the African energy sector, the African Energy Chamber (AEC) applauds the milestone achieved by the governments of Senegal and Mauritania. The country’s NOCs and energy ministries have shown the value of public-private collaboration, demonstrating how strong partnerships, contracts and pro-investment policies can position African nations as global gas producers. We should give the governments of Senegal and Mauritania the credit they deserve: they have worked tirelessly to make sure the GTA project can succeed. With this achievement, Senegal and Mauritania are rapidly on their way to become international LNG exporters.

The project shows that gas is truly good for Africa and will play a major part in accelerating energy security, boosting industrialization and transforming Africa’s economies

The GTA development achieved first gas at 16:00 on December 31, 2024. The project will produce gas from reservoirs located 120 kilometers offshore in 2,850 meters of water, through a four-well subsea system tied back to the FPSO which will process the well fluids. Liquids will be offloaded to shuttle tankers, while gas will be transported by pipeline from the FPSO to a 2.5 million tons per annum (mtpa) FLNG vessel, moored behind a dedicated concrete breakwater. This structure will protect the FLNG vessel plus various accommodation and utility platforms, together known as the GTA hub terminal. The project developers aim to establish an offshore production complex, with development wells connected to an FPSO vessel, as well as the FLNG ship and the structures that will support it. That complex is already more than 75% complete, and by this time next year, it will be nearly ready to start operating.

With 425 billion cubic meters (bcm), the GTA block is a large-scale deposit. With a production capacity of 2.5 mtpa in the first phase and 5 mtpa in the second phase – dependent on whether the project developers decide to double the FLNG infrastructure capacity -, the project offers a crucial new supply for European consumers and a strategic revenue source for Senegal and Mauritania. While the project won’t necessarily be filling the gap left by Russia – after export and regasification, the first phase of GTA will export the equivalent of 3.69 bcm – it will play a strategic part in diversifying global supply chains and driving sustainable economic growth in Senegal and Mauritania. While the project’s first phase prioritizes exports, the second phase features a strong local gas component for both nations.

Looking ahead, the start of production at GTA is poised to not only reinforce West Africa’s potential as an oil and gas hub in West Africa, but attract a fresh slate of players to capitalize on growth opportunities in the region. This will be further supported by Senegal and Mauritania’s commitment to creating an enabling environment for foreign investment. Both countries have made significant strides in recent years to prioritize the sanctity of contracts, reform their regulatory and legal frameworks while enticing local participation and cross-border commerce.

Senegal has made a point of updating its 1998 Petroleum Code, to take the discovery of GTA and other large offshore fields into account. Mauritania, meanwhile, has set goals of remaining as open as possible to foreign investment and cooperating closely with international financial institutions such as the World Bank and the International Monetary Fund. The country is involved in an ongoing process of reform and it’s ready to work with the rest of the world to make the most of its energy resources. These efforts will culminate in greater capital and technology injection across the market and the respective governments of Senegal and Mauritania should be commended for their commitment to future projects and opportunities. To maintain the pace of oil and gas development, the countries should further protect the sanctity of contracts, providing foreign investors with transparency, security and clarity.

“Projects such as GTA highlight the scale of opportunity that Africa’s gas market offers investors. The project shows that gas is truly good for Africa and will play a major part in accelerating energy security, boosting industrialization and transforming Africa’s economies. Credit must be given where credit is due. Africans should be proud of bp, Kosmos Energy, Petrosen and SMH. The Senegalese government, Mauritanian government, their NOCs and international partners have been instrumental in the development of the GTA project and will continue to be key in driving the success of this and the many gas developments expected to follow,” states NJ Ayuk, Executive Chairman of the AEC. 

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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