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Sierra Leone Petroleum Directorate DG to Speak on New Licenses at MSGBC Oil, Gas & Power 2022

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Sierra Leone

With 56 promising offshore blocks freshly released in the country’s fifth licensing round, Mr Foday Mansaray will present on the country’s exploration opportunities in Dakar this September

DAKAR, Senegal, June 17, 2022/APO Group/ — 

Energy Capital & Power (ECP) (https://EnergyCapitalPower.com/) is proud to announce that Foday Mansaray, Director General of the Petroleum Directorate of Sierra Leone (PDSL) under the Office of the President, will present at the upcoming MSGBC Oil, Gas & Power Conference & Exhibition (https://bit.ly/3zFBqwU) in Senegal from 1 to 2 September this year. Joining the highly-anticipated ministerial and national oil company (NOC) (https://bit.ly/3HtDlqh) panels immediately following H.E. Macky Sall, Senegalese President and African Union Chairperson’s address on the opening morning, Mansaray will be joined by respective ministers from Senegal, Mauritania, The Gambia, Guinea-Bissau and Guinea-Conakry, along with executives from Petrosen, Societe Mauritanienne des Hydrocarbures, the Gambia National Oil Company, PetroGuin, Société Nationale de Petroles and the Organization of Petroleum Exporting Countries.

This announcement follows Sierra Leone’s launch of a major 56-block offshore licensing round at the end of last month, with the round expected to close on September 30, 2022. Although no commercial hydrocarbon discoveries have yet been made in the nation, exploration works are underway from international oil companies. Exploration in Sierra Leon dates back to 1984, with an initial pair of wildcat wells drilled by Mobil and Amoco.

His presence and insights at the ministerial and NOC panels of MSGBC Oil, Gas & Power 2022 will be a blessing for all delegates

More recently, the PDSL has granted 8 offshore licenses to Nigeria’s Innoson Oil and Gas and rounding out its successful fourth licensing round. With recent discoveries along the Equatorial Atlantic Margin and non-commercial oil shows found at Venus B-1, Mercury-1, Jupiter-1 and Savannah-1X between 2009 and 2013 by Anadarko and Russia’s Lukoil, international interest in Sierra Leone and the wider west African region has piqued. Under Mansaray’s leadership since October 2020, the PDSL has been a hive of activity, granting Wildcat Petroleum non-exclusive rights to 20 offshore blocks for geological surveying early last month and celebrating Innoson’s announcement a week later of an 8.2 trillion cubic feet (tcf) of estimated gas reserves discovered in the nation.

With the theme of MSGBC Oil, Gas & Power 2022 being, “The Future of Gas: Growth Using Strategic Investment and Policymaking,” the prospective megafind adds a special significance to Mansaray’s address, his nation following on the heels of regional leader Senegal with its 15 tcf transnational Greater Tortue Ahmeyim megadevelopment coming online next year and 20 tcf at Yakaar-Teranga awaiting final investment decision and Mauritania with 13 tcf at BirAllah and a further one tcf at Banda launching gas to-power. Under the Medium-Term National Development Plan, Sierra Leone’s latest licensing round will offer 63,643km2 of total offshore acreage split equally across 56 equal blocks, and with investment delegations expected from across Africa, Europe, Asia, America, Australia and the Middle East and $2.5 billion in deals being signed at ECP’s events last year, MSGBC Oil, Gas & Power 2022, through Mansaray’s presence, offers Sierra Leone an ideal platform through which to push these prospects.

Mansaray himself holds unique and privileged insight into the field as a process engineer himself, working across projects from offshore South America to the coastline of west Africa to the deserts in the north of the continent. Working for the likes of Schlumberger and TotalEnergies, Expro and TechnipFMC on multi-billion-dollar ventures, his specialism is in the integrated development of greenfield projects, ensuring these are environmentally sound and economically viable.

ECP’s International Conference Director, Sandra Jeque, notes that, “Mr. Mansaray is a forward-facing energy leader for the nation of Sierra Leone, whose stand out works in public private partnerships, foreign investment promotion and gas valorization have led his country into a new era of promising exploration at the head of the MSGBC gas rush. His presence and insights at the ministerial and NOC panels of MSGBC Oil, Gas & Power 2022 will be a blessing for all delegates expected and a compass by which the west African basin’s countries may orientate their investment strategy and policies.”

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

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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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