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Senegal Minister of Petroleum and Energies to Participate at AEW 2022 with a Strong Focus on Investment

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H.E. Aissatou Sophie Gladima will drive the discussion on securing investment, improving gas monetization and pushing for a just transition in Africa

JOHANNESBURG, South Africa, April 11, 2022/APO Group/ — 

H.E. Aissatou Sophie Gladima, Minister of Petroleum and Energies, the Republic of Senegal, will be attending and participating at the continent’s premier energy event, African Energy Week (AEW) 2022 – taking place from 18 – 21 October 2022 in Cape Town. Representing one of Africa’s top emerging gas economies, H.E. Gladima will play a significant role in facilitating gas and energy transition related dialogue in Cape Town.

Backed by strong regional cooperation and sustained foreign investment that have led to the start-up of large-scale gas developments, the MSGBC region is poised to become one of the biggest gas economies on the continent. Owing to strong policies such as the 2020 Gas Code and the Energy Sector Development Policy Letter (2019-2023), the Senegalese government has managed to support the growth of its gas market, significantly improving gas monetization and investment. In this area there has already been success, both in Senegal and neighboring Mauritania, with first production scheduled for 2023 at the $4.8 billion Grand Tortue Ahmeyim gas development – a joint project between Senegal and Mauritania that is expected to produce up to 2.3 million metric tons of liquefied natural gas per annum and operated by bp and American oil firm, Kosmos Energy.

H.E. Gladima’s main focus remains on ensuring that the 40 trillion cubic feet of proven gas reserves in the west African country are fully exploited to address energy poverty. In this regard, the ministry has committed to increasing investments in E&P activities through increased cooperation with companies and institutions such as national oil company (NOC) Petrosen, bp, COS-PETROGAZ, GEZ-PETROGAZ, and the Gas Exporting Countries Forum. Additionally, the Minister is committed to increasing the capacity of the domestic gas market, with significant improvements being made regarding local content and capacity building. Across the entire energy value chain, local company participation is increasing, leading to strong and sustainable socioeconomic development in Senegal.

What’s more, the Minister has also vowed to boost the country’s capacity to supervise the exploration and monetization of gas resources by establishing the Pilot Committee to Support Negotiations of Gas Projects and Institutional Capacity Building, which received $29 million in World Bank aid for technical assistance in 2021.

Senegal is well positioned to become a major supplier both regionally and globally and an opportunity has risen for the west African country

Moreover, the ministry is also overseeing the implementation of gas-to-power initiatives, such as the development of the 130 MW Malicounda Flexicycle power plant, that are aimed at increasing the use of natural gas in energy generation for decarbonization and energy security. With a focus on enhancing domestic gas utilization, led by H.E. Gladima, the Ministry is committed to improving gas infrastructure, distribution and production, ensuring Africa benefits from its gas resources first and foremost.

Despite the significant progress within Senegal’s gas industry, massive investments are required to boost and accelerate gas exploration and production to support the economy and to address energy poverty. With Europe seeking alternative gas suppliers to meet its energy needs, and demand in the region growing exponentially, Senegal is well positioned to become a major supplier both regionally and globally and an opportunity has risen for the west African country – as well as its partners in the region – to attract European investments to fund the buildup of infrastructure and to scale up exploration and production activities.

“At AEW in 2021, H.E. Gladima played a pivotal role in shaping dialogue, networking with global investors and putting forward strategies as to how Africa, Senegal and emerging gas markets such as Mauritania can boost investments to accelerate and amplify gas exploration and development. In 2022, this trend will continue, with the minister set to make a strong play for investment across the entire MSGBC energy landscape, while leading discussions on the role of natural gas in Africa’s energy transition,” states NJ Ayuk, Executive Chairman of AEC. 

Meanwhile in the oil sector, Senegal enacted the Petroleum Code in 2019 to ensure full exploitation of the more than 1 billion barrels of proven oil reserves in the country. As a result, first oil production is also set for 2023 at the Sangoma oil field which is operated in the south of Dakar by Australian oil and gas firm, Woodside, and PETROSEN. With hydrocarbons anticipated to account for 13.7% of the country’s gross domestic profit by 2023, the government of Senegal, in partnership with the Ministry of Petroleum and Energies, is developing fiscal rules to ensure a sustainable and transparent management of revenues.

Senegal is also at the forefront of deploying renewable energy to diversify its energy mix and to improve electrification as the country targets 100% electricity access by 2025 from the current 70.4% in 2022. In this regard, H.E. Gladima aims to increase partnerships with international financial institutions such the International Finance Corporation, USAID, the World Bank and the European Investment Bank, all of which have already made significant investments in project deployments in Senegal, as the country seeks to have 25% of its electricity generated from renewables by 2025.

At AEW 2022, the Minister will discuss the role that developing strong policy frameworks and capital-attractive regimes play in enabling African hydrocarbon producing countries to maximize oil and gas for economic growth and energy security. During the week-long event, H.E. Gladima will lead panel discussions and high-level meetings that will focus on the opportunities within Senegal’s energy market for European and international investors and companies, the importance of regional cooperation in enhancing the management of hydrocarbon resources and the use of natural gas as a transactional energy resource as Africa implements the energy transition.

Distributed by APO Group on behalf of African Energy Chamber.

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All Roads Lead to Namibia: The 7th Canada-Africa Business Conference Returns to Windhoek, 2–4 February 2027

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Ateau Zola

The Conference is anticipated to be the largest event the Chamber has convened on the African continent in its 33-year history

TORONTO, Canada, October 7, 2026/APO Group/ –The Canada-Africa Chamber of Business (www.CanadaAfrica.ca) is pleased to announce that the 7th Canada-Africa Business Conference will take place in Windhoek, Namibia, from 2–4 February 2027, under the headline sponsorship of B2Gold. The program opens with a site visit to B2Gold’s Otjikoto operations on 2–3 February, followed by a full conference day on Thursday, 4 February — in the days immediately preceding the Investing in African Mining Indaba in Cape Town. The Conference is anticipated to be the largest event the Chamber has convened on the African continent in its 33-year history.

 




  

During Africa Accelerating 2026, held in Toronto, a point was made that echoed throughout the program: all roads lead to Namibia for the next Canada-Africa Business Conference. “We are so delighted to be returning to Windhoek, and to be doing so with partners who continue to demonstrate what Canada-Africa collaboration can achieve,” said Garreth Bloor, President of The Canada-Africa Chamber of Business.

“Last year we welcomed over 50 Canadian company representatives among the hundreds of delegates – we’ve now doubled capacity for the next event, based on demand,” explained Bloor during the Africa Accelerating conference underway in Toronto this year.

Otjikoto has shown what is possible when a Canadian company and a Namibian community build together over the long term, in a country that is a gateway to the African continent

In remarks to the previous Canada-Africa Business Conference in Windhoek, the Prime Minister of Canada, the Right Honourable Mark Carney, recognized the Chamber “for convening leaders from across Canada and Africa” — commending its role in advancing investment, trade and partnership, and in connecting businesses and institutions to drive practical collaboration and shared growth.

“B2Gold is proud to support the Chamber’s largest event on African soil in its 33-year history, and proud that it is taking place in Namibia,” said John Roos, Managing Director of B2Gold Namibia. “Otjikoto has shown what is possible when a Canadian company and a Namibian community build together over the long term, in a country that is a gateway to the African continent. Welcoming business leaders to the mining operations, and to the investments in other sectors that have grown up around them, alongside the launch of the B2Gold Foundation in Windhoek, is our way of inviting others to see that partnership for themselves — and to consider what they might build here.”

Africa Accelerating, the Chamber’s flagship conference taking place in Canada this week, also featured a keynote address by Neil Reeder, Vice President, Government Relations at B2Gold, underscoring how vital B2Gold’s work is as a model for Canada-Africa trade and investment — and for deeper engagement between Canada and African markets.

Individuals who wish to find out more may visit the conference page here (https://apo-opa.co/4zjUsEH).

Registrants who wish to indicate their interest in joining the event may do so here (https://apo-opa.co/4hwRBlL).

Distributed by APO Group on behalf of The Canada-Africa Chamber of Business.

 




 

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The Coca-Cola System and Water Sector Leaders Announce the South Africa Non-Revenue Water Mechanism to Support National Water Security Priorities

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Coca-Cola

Between 2026 and 2031, the initiative aims to mobilize R250 million in investment, matched by Public Sector partners, resulting in a combined R500 million toward Gauteng municipal water infrastructure and NRW reduction initiatives

JOHANNESBURG, South Africa, October 7, 2026/APO Group/ –Following a meeting with H.E. President Cyril Ramaphosa, the Coca-Cola system (www.Coca-ColaCompany.com) today announced a R500 million public-private partnership aimed at helping address South Africa’s growing water infrastructure challenges and strengthening long-term water security.

 




  

This non-revenue water (NRW) initiative was developed in collaboration with Coca-Cola Beverages Africa, the World Bank Group’s 2030 Water Resources Group (2030 WRG) – which received funding from The Coca-Cola Foundation – the Platform for a Water Secure Gauteng, the Department of Water and Sanitation (DWS), Rand Water Services, Global Water Challenge (GWC), and the City of Tshwane. It forms part of the Coca-Cola system’s Africa Water Stewardship Initiative (https://apo-opa.co/4y69uwA) and aims to reduce municipal water and revenue losses due to leaks, while unlocking scalable private sector investment in public water systems.

South Africa currently loses an estimated *47% of treated water through leaks, aging infrastructure, and other non-revenue water losses. The initiative directly complements efforts under the National Water Action Plan to improve municipal water delivery, strengthen operational efficiency, and accelerate investment into critical infrastructure.

 

“Water security is fundamental to South Africa’s economic growth, community resilience, and long-term sustainability,” said Luis Felipe Avellar, President of The Coca-Cola Company’s Africa operating unit. “Beyond its direct impact, the initiative demonstrates how collaborative action can help attract private investment and address critical water sector challenges. It supports the objectives of the National Water Action Plan and provides a scalable, catalytic model that could be replicated across South Africa.”

 

“This creates an important model for how public and private sector can work together to address infrastructure challenges at scale,” said Sunil Gupta, Chief Executive Officer, Coca-Cola Beverages Africa. “We are committed to being part of the solution through partnerships that strengthen infrastructure resilience and water stewardship.”

 

The initiative, which follows the recent announcement of a planned R17.6 billion investment in South Africa through 2030 by the Coca-Cola system, will initially focus on targeted operational and infrastructure interventions in Gauteng, with phase one commencing in the City of Tshwane municipal system. Early implementation efforts will focus on leak reduction through pressure management and the installation of infrastructure to improve industrial effluent monitoring and accountability.

 

This creates an important model for how public and private sector can work together to address infrastructure challenges at scale

“Government welcomes partnerships that support our national commitment to improving water security and municipal service delivery,” said Hon Pemmy Majodina, Minister of Water and Sanitation. “Addressing non-revenue water losses is essential to ensuring sustainable access to water for communities, industry, and future economic growth. Through the work of the National Water Crisis Committee, we continue to drive collaborative solutions that strengthen municipal capacity and accelerate progress in addressing critical water challenges. This initiative demonstrates the value of partnership across government, business, and development partners in advancing a shared national priority.”

 

The programme also forms part of the Coca-Cola system’s longer-term water replenishment and sustainability goals. Between 2026 and 2031, the initiative aims to mobilize R250 million in investment, matched by Public Sector partners, resulting in a combined R500 million toward Gauteng municipal water infrastructure and NRW reduction initiatives.

 

The innovative mechanism addresses a significant structural gap in South Africa’s water sector by creating a platform for private sector participation in municipal water infrastructure investment.

 

“The World Bank Group, as part of our Water Strategy Implementation Plan Water Resources Group (WRG 2030), fully supports collaborative mechanisms that can mobilize investment, technical expertise, and operational capability toward critical development priorities,” said Lubabalo Luyaba, Senior Water Specialist at the World Bank Group. “The NRW programme is a practical demonstration of the municipal trading services reforms agenda, showing how alternative service delivery mechanisms can be used to improve infrastructure performance, reduce water losses, and strengthen the financial sustainability of municipalities.”

 

Coca-Cola HBC, which has agreed to acquire a majority stake in Coca-Cola Beverages Africa, also supports the effort. Zoran Bogdanovic, CEO of Coca-Cola HBC, said: “This is a very important initiative, and it’s inspiring to see government, business and development partners come together to make a real difference for communities. We look forward to continuing to help build water security across Africa.”

 

The collaboration is expected to expand into additional municipalities over time, creating a broader framework for infrastructure recovery.

 

* https://apo-opa.co/4jaoeqx

Distributed by APO Group on behalf of Coca-Cola.

 




 

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Sub-Saharan Africa records strong trade growth as globalization reaches record level

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globalization

These findings form part of the latest edition of the DHL Globalization Tracker, released today by DHL and New York University’s Stern School of Business

JOHANNESBURG, South Africa, October 7, 2026/APO Group/ —

  • The AI boom has become a powerful driver of global trade, outweighing tariffs and geopolitical shocks
  • The trade outlook has improved, with growth through 2029 now forecast to outpace the previous decade
  • Sub-Saharan Africa recorded strong trade value growth of 11% in the first five months of 2026
  • U.S.-China ties declined significantly, but U.S. allies are not following the same path
  • Globalization reached a record level of 25.8%

 




  

Sub-Saharan Africa recorded strong trade value growth in 2026 despite higher tariffs, geopolitical tensions and disruption to major trade routes. The value of the region’s trade rose 11% in the first five months of 2026 compared with the same period in 2025, placing it behind only East Asia and the Pacific, at 24%, and Europe, at 12%. This follows a year in which the region achieved the world’s fastest trade value growth during the first six months of 2025

These findings form part of the latest edition of the DHL Globalization Tracker, released today by DHL and New York University’s Stern School of Business. Based on more than 30 million data points, the report analyses international flows of trade, capital, information, and people. It offers the most comprehensive view of globalization available. This edition marks the report’s first publication under its new name. It was previously known as the “DHL Global Connectedness Tracker”.

AI buildout boosts global trade

The report shows that global goods trade grew faster in the first half of 2026 than in any half-year in the past 15 years, apart from the exceptional Covid rebound. A major driver was strong demand for goods used to build AI infrastructure, such as semiconductors and data-transmission equipment. Trade in AI-enabling goods drove 42% of goods trade growth in 2025, and this share rose to 76% during the first quarter of 2026, according to WTO and OECD analysis.

“The biggest story in global trade right now is AI, not tariffs,” said John Pearson, CEO of DHL Express. “Every AI query ultimately depends on logistics. Chips, networking equipment and the many other goods behind this technology must be in the right place at the right time. DHL connects the businesses and markets behind these complex supply chains. Whenever innovation creates new trade flows, our global network helps keep them moving.”

Global effects of Iran war and tariffs remain limited

At the same time, the Iran war and the closure of the Strait of Hormuz disrupted important trade routes. But the effects remained concentrated. Economies dependent on the Strait were hit particularly hard. For example, the value of trade fell 37% in Saudi Arabia and 7% in the United Arab Emirates in the first five months of 2026 compared with the same period in 2025.

Trade policy created a separate headwind. U.S. tariffs reached their highest levels in decades, but their global impact was limited. One reason is that the U.S. accounted for only 13% of world imports in recent years, with roughly half of those imports exempt from the tariff increases as of August 2026. Another is that most countries refrained from broad retaliation. Many instead increased efforts to secure access to alternative markets through new trade agreements.

Trade outlook upgraded despite recent shocks

Looking ahead, global goods trade is projected to expand by an average of 3.4% per year through 2029. That would be substantially faster than the 2.7% rate recorded over the previous decade.

The next step is making sure more SMEs can access those opportunities and grow beyond their home markets

“The surprise is not only that global trade kept growing through new tariffs and the Iran war,” said Prof. Steven A. Altman, Director of the DHL Initiative on Globalization at NYU Stern’s Center for the Future of Management. “The outlook is now stronger than it was before either shock. This reminds us to look beyond the most visible disruptions and recognize the deeper reasons why trade remains so resilient. The AI trade boom highlights the demand for goods and services that can only be provided efficiently when specialized producers work together across countries. It also shows how companies continually adapt to keep trade moving through disruptions and policy shifts.”

Sub-Saharan Africa records strong trade growth

Among all regions, East Asia and the Pacific recorded the strongest trade growth. The value of its trade rose 24% in the first five months of 2026 compared with the same period in 2025. Europe followed with 12% and Sub-Saharan Africa with 11%.

“The narrative around Africa often focuses on challenges. What this data shows is that trade across the region continues to grow, even amid geopolitical uncertainty and market disruption. That’s a strong signal of the resilience of African businesses and the growing connections between African markets and the rest of the world. The next step is making sure more SMEs can access those opportunities and grow beyond their home markets,” said Hennie Heymans, CEO of DHL Express Sub-Saharan Africa.

East Asia and the Pacific not only recorded the strongest growth, but also saw a larger share of its trade stay within the region. This share increased from 57% in 2025 to 60% in the first five months of 2026. Strong Asian supply chains serving the AI boom contributed to this increase.

Sharp U.S.–China decoupling, but no global split

One of the most significant changes in international flows is the weakening of U.S.–China ties. Yet the global impact remains surprisingly small. For example, trade between the U.S. and China accounted for 3.5% of world trade at its peak in 2015, before falling to only 1.6% during the first five months of 2026. The U.S.–China share of international business investment is even smaller – less than 1%. Meanwhile, close U.S. allies have largely maintained their relationships with China. These findings challenge the idea that U.S.–China decoupling is dividing the world economy into rival blocs.

A closer look also shows that direct trade figures understate U.S. reliance on China. Goods imported into the U.S. from other countries contain growing amounts of Chinese materials and components. When these indirect imports are also taken into account, U.S. reliance on China has declined only slightly through 2024, the latest year for which data are available.

Globalization reaches a new record

Beyond trade and investment patterns, the report tracks the broader development of globalization based on international flows of trade, capital, information and people. It uses a scale from 0% (no cross-border flows) to 100% (borders and distance have no impact). In 2025, globalization reached a record level of 25.8%, supported in part by AI-related trade and investment.

All four flow categories contributed to the new record, reaching higher levels of internationalization. Information flows remain the most globalized, followed by capital and trade flows. People flows remain the least globalized.

The DHL Globalization Tracker

The DHL Globalization Tracker is a concise report and interactive website that provides regular updates on globalization and global trade. It complements the renowned DHL Globalization Report, published regularly since 2011. Drawn from over 25 public, private, and academic sources, the Tracker analyzes more than 30 million data points on international flows of trade, capital, information, and people.
It includes interactive online charts that make it easy for users to explore trends by region, geopolitical alignment, and for individual countries. It also supports easy data and chart downloads for offline use.

The DHL Globalization Tracker is commissioned by DHL and authored by Prof. Steven A. Altman and Caroline R. Bastian of New York University Stern School of Business. It is available, together with further resources, at https://apo-opa.co/4jIMVdN.

Note: The DHL Globalization Tracker and DHL Globalization Report were formerly known as the “DHL Global Connectedness Tracker” and “DHL Global Connectedness Report”. Their new names more directly reflect the focus of the research. The scope and underlying approach remain unchanged, ensuring continuity with previous editions.

Distributed by APO Group on behalf of DHL Group.

 




 

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