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South Sudan – the Emerging Hub for East African Petroleum Sector Growth (By James Chester)

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South Sudan

It is time for Juba to take its place as the gateway for exploration and energy services for the region

JUBA, South Sudan, June 15, 2022/APO Group/ — 

By James Chester, Senior Director at Energy Capital & Power (https://EnergyCapitalPower.com)

A few years ago, East Africa was primarily viewed as a venue for offshore exploration, and before its independence in 2011, South Sudan was more likely to be seen as a North African producer, as part of Sudan. But motivated governments and explorers have changed the picture.

Today, Kenya is a small-scale oil producer and Uganda has approved a massive oil development in its Lake Albert region and a refinery and export pipeline. Tanzania will export Uganda’s oil and will build its own LNG facilities to monetize its huge gas reserves. Somalia has embarked on a licensing round, as has the DRC.

South Sudan has its own unique place at the center of a wider Nile Basin-East Africa hydrocarbons-rich area that perfectly positions the country as the hub for petroleum industry services and exploration.

Measurable change has happened

In 2017, when Energy Capital & Power (https://EnergyCapitalPower.com) (then Africa Oil & Power) produced its first conference in Juba, the country was re-emerging from a fresh bout of conflict in 2016, visas were only available if you had contacts in-country to invite and process you, two out of the three joint operating companies (JOC) were not producing oil, and Juba did not have a functioning power grid. The country had only one intercity paved road, going to Uganda.

This year, as we plan the fifth edition of the South Sudan Oil & Power (https://bit.ly/3zCMESG) event series – taking place on 13-14 September 2022 at the Radisson Blu, Juba – the city and the country can show great progress. Juba now has its own power station and grid and more projects are in place in regional cities. Peace has largely held since the revitalized peace agreement of 2018 and the formation of the revitalized transitional government of 2020. All three JOCs are producing oil (albeit not without challenges still to overcome).

An e-visa system is in place – my last visa was processed in two hours – and Juba is now served regularly by Turkish Airlines, Egyptair, Ethiopian Airlines, Kenya Airways, and many others. New paved roads are already linking South Sudan’s cities.

There is no reason not to check out Juba and the country’s progress.

The energy industry, as the engine of the economy, has made huge steps forward since that first conference in 2017. Last week I met with Hon. Minister of Petroleum Puot Kang Chol and sat down with the Hon. Undersecretary Awow Daniel Chuang, and heard about the latest developments.

With the majority of South Sudan unexplored and producing areas to explore further, the government knows it has high potential assets to market to oil and gas companies

The Logical Service Point for the Region

South Sudan’s first ever licensing round is underway and closing in 2023. South Sudan is not just making the licenses available, it has built its own data facility in Juba and has purchased its own aircraft to undertake aerogravity surveys of the country. With the majority of South Sudan unexplored and producing areas to explore further, the government knows it has high potential assets to market to oil and gas companies – but that data is critical.

Until last year, South Sudan did not control its own industry and exploration data. It now has world class facilities.

As we discussed with the Undersecretary, with its new data rooms, its existing production and its drive to bring new investors, South Sudan is the logical service point for the entire East African petroleum industry – especially in exploration. With South Sudan’s unique position bridging the Nile Basin and Rift Valley areas, it is even more relevant as a hub for exploring a petroleum rich area that extends from Egypt through Sudan to Uganda, Kenya and beyond.

In the midstream and downstream sector, a focus on new solutions and partnerships is driving innovation in a previously underdeveloped segment. Trinity Energy, working with Chemex Global, has been building a refinery project that will provide fuel to South Sudan and neighboring countries. National oil company Nilepet and its state owned South African partner the Strategic Fuel Fund have embarked on the Nile Orange Energy Project, that will include a pipeline and refinery.

Many other midstream developments are in the works to meet the demands of a growing nation and a region of almost half a billion people.

Private Sector is Key

Instrumental to all of this, in addition to the commitment of South Sudan’s Ministry of Petroleum and other government entities, is the South Sudanese private sector.

Private companies have grown from strength to strength in recent years, providing real competition to each other and to Chinese and international service companies. A wide range of exploration and production services are now available from these firms.

We see these companies as the real future of the industry in South Sudan and the region. They will be the local partners that will help international investors succeed on the ground. They will establish South Sudan’s new reputation as the regional industry hub. They will drive down costs, raise quality and train and employ South Sudan’s youth.

Serious barriers to entry and growth remain in South Sudan. It is important that these are examined – as they will be at South Sudan Oil & Power 2022 in September – and that they are dismantled. But the private sector and the government are serious about South Sudan’s future. They have a vision for where the country should be positioned within the regional energy industry.

To investors and international companies that wish to not only understand South Sudan’s energy potential, but also that of the Nile Basin and East Africa: You are invited to come and experience the reality of South Sudan today. Your investment, technology and hard work alongside great partners can help realize that national vision, and position your company for growth.

Experience South Sudan, learn about its energy opportunities and meet the private sector and government leaders at South Sudan Oil & Power 2022 on 13-14 September 2022 in Juba. Visit www.SSOP2022.com to register.

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

Energy

U.S.-Africa Energy & Minerals Forum Expands to Critical Minerals and Supply Chain Security

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Africa

This year’s U.S.-Africa Energy & Minerals Forum in Houston signals a strategic shift toward integrated energy and critical minerals investment, strengthening U.S. partnerships across Africa’s resource and industrial value chains

HOUSTON, United States of America, February 26, 2026/APO Group/ –The U.S.-Africa Energy & Minerals Forum (USAEMF) has relaunched with a dedicated focus on critical minerals, marking an important evolution in its role as a platform for U.S.-Africa commercial engagement. Building on its foundation in energy, power and industrial projects, the forum’s expanded scope positions it at the center of investment conversations shaping the future energy economy.

 

Scheduled for July 21–22, 2026, in Houston, Texas, USAEMF comes at a time of surging global demand for copper, cobalt, lithium, manganese and rare earth elements, driven by electrification, battery storage, AI infrastructure and advanced manufacturing. Africa is increasingly critical to securing these materials, highlighting how energy and minerals are now interconnected pillars of industrial growth, geopolitical stability and decarbonization.

The forum’s minerals mandate deepens engagement with African producers – particularly the Democratic Republic of Congo (DRC), home to some of the world’s largest copper and cobalt reserves. Momentum is building through the U.S.–DRC strategic minerals framework and the U.S.-backed Orion Critical Mineral Consortium, a major investment platform supported by the DFC and private partners. The consortium is pursuing a 40% stake in the Mutanda and Kamoto copper-cobalt operations in a $9 billion transaction, securing long-term supply for allied markets while reinforcing cooperation on infrastructure, security and supply-chain governance.

Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties

U.S. financing is also expanding across the region, with the DFC managing a continental portfolio exceeding $13 billion to support mining, processing and transport infrastructure for critical mineral supply chains. Recent commitments include rare earth, graphite and potash projects in Malawi, Mozambique and Gabon; broader investments in Uganda, Tanzania, Zambia and South Africa; and $553 million linked to the development of the Lobito Corridor. The DFC is also a major backer of TechMet, a U.S.-supported investment firm valued at over $1 billion, which is raising up to $200 million to expand copper, cobalt, lithium and rare earth assets and pursue new opportunities across the DRC and Zambia. Together, these initiatives underscore Washington’s push to diversify battery-mineral supply while positioning Africa as a long-term partner in clean energy and industrial value chains.

Houston’s role as host city reflects the alignment between American industrial capacity and African resource development. Long established as a global energy hub, the city is expanding into energy transition technologies, advanced materials, carbon management and industrial innovation. By convening African governments with U.S. private equity, development finance institutions, exporters, insurers and technical service providers, the forum creates a commercial platform capable of converting mineral potential into bankable projects.

“The evolution from USAEF to USAEMF reflects a broader shift toward integrated energy and mineral development,” states Nadine Levin, Portfolio Director at Energy Capital & Power, forum organizers. “Placing critical minerals at the center while maintaining strong hydrocarbons engagement strengthens U.S.-Africa commercial ties and advances projects that deliver long-term shared value.”

While critical minerals define the forum’s strategic expansion, the U.S.’ longstanding role in Africa’s energy sector remains central to the platform’s value proposition. American energy companies continue to advance exploration and development across key upstream markets, support gas monetization in the Gulf of Guinea and revitalize mature production in North Africa. U.S. export credit and development finance are also helping unlock large-scale LNG capacity in Mozambique while supporting optimization and expansion across existing gas infrastructure in West Africa – demonstrating how American capital, engineering expertise and risk-mitigation tools convert resource potential into delivered energy systems.

USAEMF is the leading platform connecting U.S. capital and technical expertise with Africa’s energy and minerals sectors. For more information or to participate at the upcoming forum, please contact sales@energycapitalpower.com

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

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Pesalink and Pan-African Payment and Settlement System (PAPSS) Unlock Cross-Border Payments in Local Currencies in Kenya

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Pesalink

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders

NAIROBI, Kenya, February 26, 2026/APO Group/ —

  • Instant 24/7 bank-to-bank transfers across African borders in local currencies.
  • Simpler cross-border payments for individuals, businesses, and SMEs.
  • 80 plus Pesalink network participants now linked to 160 plus PAPSS participating banks.

 

Pesalink, Kenya’s de facto instant payment network, has partnered with the Pan-African Payment and Settlement System (PAPSS) to ease cross-border payment and speed up regional financial integration.

 

The partnership enables instant 24/7 cross-border payments from PAPSS participants into banks and mobile money operators within the Pesalink network in Kenya, all settled in local currencies. This reduces complex correspondent banking requirements and reliance on foreign reserve currencies.

 

Kenyan banks will now be able to offer faster, cheaper cross-border payments

PAPSS, an initiative of the African Export-Import Bank (Afreximbank) in collaboration with the African Union and the AfCFTA Secretariat, enables cross-border payments between African countries. Pesalink is now a Technical Connectivity Provider. It means that 80 plus Kenyan bank, fintech, SACCO and telco participants on the Pesalink network will be connected to 160 plus commercial banks and fintechs on the PAPSS platform.

 

Cross-border payments remain expensive and slow for many African businesses. The 2023 (http://apo-opa.co/4baDSh7) World Bank Remittance Prices report indicates that sending money across African borders incurs on average 7-8% of the total value sent (above the global average of 6–7%). Settlement can also take three to seven business days.

 

The Pesalink–PAPSS partnership will reduce costs, speed up settlements, and help individuals, SMEs and businesses send money more efficiently across borders.

 

Speaking during the partnership signing held at Pesalink offices in Nairobi, PAPSS CEO Mike Ogbalu III said, “For PAPSS to deliver true impact, collaboration with national and private switches like Pesalink is essential. Pesalink is the first switch we’ve piloted for transaction termination in Kenya, and we are already seeing greater adoption by opening more channels for seamless, local-currency cross-border payments across Africa.”

 

Pesalink CEO, Gituku Kirika, said “Kenyan banks will now be able to offer faster, cheaper cross-border payments. They will be helping their customers grow more regional trading relationships and thrive in a more integrated digital economy.”

Distributed by APO Group on behalf of Afreximbank.

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Events

Africa Trade Conference Returns to Cape Town with Esteemed Speakers Driving Africa’s Trade Agenda

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Africa

Second edition convenes global policymakers, business leaders, and innovators to accelerate Africa’s integration into global trade

CAPE TOWN, South Africa, February 26, 2026/APO Group/ –Access Bank Plc (www.AccessBankPLC.com) is proud to announce the distinguished line-up of speakers for the second edition of the Africa Trade Conference (ATC 2026), scheduled to take place on March 11, 2026, at the Cape Town International Convention Centre, Cape Town, South Africa. Building on the strong foundation of its inaugural edition, ATC 2026 will convene an exceptional assembly of global and African leaders, policymakers, investors, and business executives committed to shaping the future of trade on the continent.

The Africa Trade Conference has rapidly emerged as a premier platform for advancing dialogue and action around Africa’s evolving role in global commerce. The 2026 edition will feature influential voices from across finance, government, development institutions, and the private sector, who will share insights on unlocking trade opportunities, strengthening intra-African commerce, enabling business expansion, and positioning African enterprises for global competitiveness.

The confirmed speakers represent a powerful cross-section of leaders driving Africa’s economic transformation.

Building on the momentum of its maiden edition, which convened senior decision-makers from 28 countries, the 2026 conference with the theme “Turning Vision into Velocity: Building Africa’s Trade Ecosystem for Real-World Impact”, will have the keynote address delivered by Kennedy Mbekeani, Director General, Southern Africa Region, African Development Bank (AfDB), alongside Kwabena Ayirebi, Managing Director, Banking Operations at the African Export-Import Bank. Their joint keynote will address the evolving financing landscape for African trade and the strategic pathways for unlocking continental prosperity.

The welcome address will be delivered by Roosevelt Ogbonna, CEO/GMD, Access Bank Plc, who will set the tone for discussions centered on trade transformation, financial inclusion, and regional competitiveness, while Tolu Oyekan, Managing Director & Partner at Boston Consulting Group, will deliver insights on “Africa Trade Outlook 2026”, examining emerging macroeconomic trends, supply chain shifts, and growth opportunities across key sectors.  The CEO of Pan-African Payment and Settlement System, Mike Ogbalu, will be engaging the conference participants on the topic, “Building a Connected Africa Through Trade, Payments & Technology”, focusing on how payment interoperability and digital infrastructure can accelerate the African Continental Free Trade Area (AfCFTA) agenda.

The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us

The conference will also host a High-Level Ministerial Panel that features Elizabeth Ofosu-Adjare, the Minister for Trade, Agribusiness & Industry, Ghana; Tiroeaone Ntsima, Minister of Trade and Entrepreneurship, Botswana; Mr. Florian Witt, Divisional Head, International & Corporate Banking Oddo-BHF, Ms. Nathalie Louat – Global Director, International Finance Corporation (IFC), Dr Isaiah Rathumba – Head of Department, Limpopo Economic Development, Environment and Tourism and Mr. Alfred Idialu – Chief Rep Officer, Deutsche Bank among other policymakers shaping trade policy across the continent.

Commenting on the announcement, Roosevelt Ogbonna, Managing Director/Chief Executive Officer of Access Bank Plc, said:
“The Africa Trade Conference reflects our unwavering commitment to advancing Africa’s economic transformation by creating a platform that brings together the leaders, institutions, and ideas shaping the future of trade. The calibre of speakers confirmed for this year’s conference underscores the urgency and opportunity before us. Africa is not only participating in global trade, it is helping to redefine it. Through this convening, we aim to catalyse partnerships, unlock new opportunities for businesses, and accelerate Africa’s integration into global value chains.”

“At Access Bank, we see ourselves not just as financiers, but as connectors of markets, ideas, and opportunities. Our role is to help African businesses move from ambition to impact, from local relevance to global competitiveness.”

With operations in 24 countries globally, including 16 across Africa, Access Bank’s expansive footprint places it in a unique position to facilitate cross-border trade, unlock regional value chains, and simplify the complexities of doing business across markets.

“Our presence across Africa and key global corridors gives us a front-row seat to the realities of trade. It also gives us the responsibility to design solutions that are inclusive, scalable, and future facing. ATC 2026 is part of that commitment, Ogbonna added.

ATC 2026 is expected to catalyze partnerships, enable policy dialogue, and provide actionable strategies for businesses operating within and beyond the continent.

The Access Bank Chief puts it thus, “Africa will not be a spectator in the remaking of global trade. We will be one of its architects. ATC 2026 is where those blueprints will be drawn.”

For more information and registration, please visit https://apo-opa.co/4sdXWF7

Distributed by APO Group on behalf of Access Bank PLC.

 

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