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Southern Africa’s Frontier Energy Developments to be Unpacked at Invest in African Energy (IAE) 2024

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Energy

European investors will access projects across LNG, gas-to-power, energy storage and green hydrogen – and associated first-mover advantages in the region – at Invest in African Energy 2024 in Paris

PARIS, France, December 8, 2023/APO Group/ — 

Frontier developments in the southern African region will be on display at the upcoming Invest in African Energy (IAE) 2024 forum in Paris, connecting European investors with Africa’s leading projects. The region is home to several new and emerging energy markets — namely, Mozambique, South Africa and Namibia – which offer first-mover advantages and access to transformative projects. These developments will be unpacked in further detail – and interested parties connected with the relevant project stakeholders – at the upcoming IAE 2024 in Paris next May.  

Mozambique

Mozambique has established itself as a major regional gas hub after exporting its first Liquefied Natural Gas (LNG) shipment in November 2022 under a long-term purchase and sale contract with bp. The country’s natural gas reserves are among the largest in sub-Saharan Africa and have the capacity to ease Europe’s energy supply crunch. In addition to first production from the Coral Sul Floating LNG development, Mozambique has two other large-scale projects underway – ExxonMobil’s Rovuma LNG and TotalEnergies’ Mozambique LNG – which expect first gas in 2027 and 2028, respectively. Both projects offer myriad opportunities for contracting and procurement and could stimulate new gas trade deals between Mozambique and European partners.

To ensure that gas utilization goes beyond crude gas exports, Mozambique is also implementing gas-to-power infrastructure projects to meet regional energy demand. The planned Mozambique (Cabo Delgado) to South Africa (Richard’s Bay) Gas Pipeline will supply natural gas from the Rovuma Basin to South Africa, reducing the latter’s reliance on coal-fired power generation. The Nacala LNG-to-Powership project is another key power project underway, representing the first LNG-to-power solution and floating storage regasification unit in eastern and southern Africa. Accordingly, the sector is ripe with opportunity for European investors, project developers and technology providers when it comes to grid innovation and alternative power solutions.

The region is home to several new and emerging energy markets—namely, Mozambique, South Africa and Namibia–which offer first-mover advantages and access to transformative projects

South Africa

South Africa represents a highly prospective oil and gas market, with 15 projects in the pipeline between 2023 and 2027, aimed at exploiting the country’s estimated 27 billion barrels of crude oil and 60 trillion cubic feet of natural gas. Several projects target energy storage in particular – which South Africa urgently needs to achieve a more stable energy supply – such as the 94,000-barrel Richards Bay III Oil Storage and 189,000-barrel Nelspruit Oil Storage facilities. Energy storage represents an attractive opportunity for investors, as it protects against inflation, leverages sustainable energy infrastructure and has the potential to generate significant returns in a relatively short period of time compared to traditional infrastructure. 

Several field developments are also underway, providing opportunities for drilling companies and subcontractors. The Amersfoort Field Development is set to drill 20 wells in the region, coupled with the construction of the Amersfoort gas-to-power project that uses the gas produced to power a containerized generator that will be integrated with the national grid from 2024. The Virginia Phase 2 project is another strategic integrated project set to produce commercial quantities of LNG and liquid helium for global export, while the Port of Ngqura FLNG project will involve the installation of a floating storage and regasification unit, gas-to-power infrastructure, cryogenic pipelines and terminal for the processing, storing, on-site exploitation and distribution of gas acquired from the country’s on– and offshore fields.

Namibia

A rapid succession of five major oil discoveries in the offshore Orange Basin has catapulted Namibia to the global exploration spotlight and attracted the attention of major operators. Ongoing and planned drilling activities in 2024 include a 10-well exploration and appraisal program from Shell in PEL 39, a four-well appraisal and exploration program from TotalEnergies in Blocks 2913B and 2912, a two-well campaign from Galp Energy in PEL 83 and a 12-well exploration and appraisal program from ReconAfrica in PEL 73. With a flurry of upstream activity, Namibia offers associated opportunities for drilling, EPC and other technical contractors.

In addition to being one of Africa’s leading oil and gas frontiers, Namibia has emerged as an upcoming green hydrogen hub. The country is commissioning sub-Saharan Africa’s largest green hydrogen production plant, led by Hyphen Hydrogen Energy and capable of producing 300,000 tons of green hydrogen and/or ammonia. The development will also feature wind and solar plants with a combined capacity of 7 GW. Given Europe’s interest in supporting clean energy solutions in Africa, green hydrogen is a highly prospective opportunity for European investors to engage with in Namibia. 

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

Business

Aurionpro expands its multi-country transaction banking engagement with Diamond Trust Bank (DTB)

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Aurionpro

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers

MUMBAI, India, April 30, 2026/APO Group/ –Aurionpro Solutions Limited (www.AurionPro.com) (BSE: 532668 | NSE: AURIONPRO)a global leader in banking technology, announced the expansion and upgrade of its transaction banking engagement with Diamond Trust Bank (DTB), to modernize and enhance the bank’s corporate transaction banking capabilities across multiple countries.

Download Document: https://apo-opa.co/4edHUaC

This multi-country transaction banking upgrade covering Kenya, Uganda, and Tanzania aligns with DTB’s intent to enhance customer experience, streamline operations, and support growing transaction volumes as it expands its regional corporate banking footprint. DTB continues to focus on building a more agile, ‘digital-first’ banking experience, particularly around payments for its corporate customers across Africa, and is now well positioned to scale these capabilities. As part of its broader transformation agenda, the bank has been steadily investing in platforms that enhance scale, reliability, and service consistency across markets.

Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility

Aurionpro’s upgraded iCashpro platform for DTB delivers a unified digital experience across payments, trade, virtual accounts, and real-time reporting, enhancing straight-through processing, visibility, and control for both the bank and its corporate customers. By enabling DTB to standardize and scale its transaction banking operations across countries, the platform ensures consistent service levels, stronger control, and improved efficiency. It also supports enhanced user experience, advanced security, and the flexibility to introduce new features as DTB expands its regional transaction banking footprint.

Murali Natarajan (https://apo-opa.co/48trPdk), Managing Director & CEO, DTB Kenya   commented: “We are delighted to strengthen and broaden our partnership with Aurionpro Solutions as part of DTB’s ongoing digital transformation journey across multiple markets. Our focus on innovation, operational excellence, and customer-centricity continues to guide our technology investments. This upgrade strengthens our transaction banking capabilities, enabling us to deliver greater value to our customers through robust digital channels and seamlessly integrated experiences.”

Ashish Rai, Group CEO, Aurionpro Solutions, commented: “We are pleased to deepen our multi-country engagement with Diamond Trust Bank and support the next phase of its transaction banking modernization. As DTB continues to scale across markets, platform resilience and consistency become paramount. Through this partnership, we are proud to lead the next era of transformation in transaction banking, helping DTB enhance operational agility, deliver superior experiences to corporate customers, and create long-term value across geographies.”

He added, “Aurionpro’s iCashpro lays a strong digital foundation for transaction & wholesale banks across the globe to grow their corporate and SME client portfolio today, while creating a clear roadmap for next- generation capabilities in AI-driven insights, advanced automation and API-led connectivity for businesses in Kenya and across Africa.”

Distributed by APO Group on behalf of Aurionpro Solutions Ltd.

 

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Minerals Council Chief Executive Officer (CEO) Joins African Mining Week (AMW) as South Africa Improves Sectorial Investment Climate

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Minerals Council CEO to share insights on policy, infrastructure and investment trends shaping South Africa’s mining industry

CAPE TOWN, South Africa, April 30, 2026/APO Group/ –The upcoming African Mining Week (AMW) conference will feature Mzila Mthenjane, CEO of the Minerals Council of South Africa, as a speaker. Scheduled for October 14 – 16, 2026 in Cape Town, the event will bring together global investors, policymakers and industry leaders, with Mthenjane’s participation highlighting the council’s commitment to engaging international stakeholders and promoting investment across South Africa’s mining sector.

His participation comes at a critical moment as the Minerals Council works closely with government on finalizing the Mineral Resources Development Bill 2025, a policy framework aimed at strengthening the country’s mining investment climate and the sector’s contribution to GDP. According to the council, the revised legislation will support new investment across the value chain as South Africa seeks to mobilize R2 trillion over the next five years to unlock its critical minerals potential.

The policy reforms come amid shifting production trends in the sector. In 2025, South Africa recorded declines in gold and platinum group metals output of 1.9% and 4.1%, respectively. The new regulatory framework is expected to strengthen public-private partnerships and stimulate investment, enabling South Africa to increase production and capitalize on strong global commodity prices. Increased private sector investments is crucial with South Africa seeking targeting to unlock an estimated R40 trillion in untapped iron ore potential as well as maintain its position as the world’s leading producer of chrome and manganese.

At AMW 2026, Mthenjane is expected to outline these trends, providing insights into how the council is contributing to addressing challenges disrupting the sector. Infrastructure and energy costs remain key concerns for industry players. To support the energy-intensive sector, South Africa approved a 35% reduction in electricity tariffs for major ferrochrome producers, helping stabilize an industry that has faced significant cost pressures after electricity prices surged by roughly 900% since 2008.

Logistics constraints are also a priority area for reform. South Africa’s economy is losing an estimated R1 billion per day due to inefficiencies across rail and port infrastructure. As a result, the government is considering measures supported by the Minerals Council to increase private sector participation in logistics. Planned reforms include rail modernization initiatives targeting 250 million tons of freight capacity by 2029, alongside port upgrades and private operator participation aimed at strengthening mineral exports and improving supply chain efficiency.

Beyond infrastructure and policy reforms, the Minerals Council is advocating for stronger exploration investment to support long-term industry growth.

At AMW, Mthenjane is expected to highlight these developments and outline the steps required to reinforce South Africa’s position in the global minerals supply chain. His insights will offer investors and stakeholders a timely perspective on opportunities within the country’s mining sector.

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

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Seychelles Targets Energy Investment Push as Minister Jérémie Joins African Energy Week (AEW) 2026 as a Speaker

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African Energy Chamber

Seychelles energy minister will speak at AEW 2026, positioning her to highlight reforms, renewable projects and investment opportunities as the island nation advances its transition toward a diversified energy system

CAPE TOWN, South Africa, April 29, 2026/APO Group/ –Marie-May Jérémie, Minister of Environment, Climate, Energy and Natural Resources for Seychelles will participate as a speaker at this year’s African Energy Week (AEW) 2026, taking place from October 12–16 in Cape Town. Her participation underscores the country’s growing role in shaping Africa’s small-island energy transition agenda.

Minister Jérémie’s presence at AEW 2026 comes at a critical time as Seychelles accelerates efforts to reduce its heavy reliance on imported fossil fuels. The event provides a platform to attract investment, strengthen policy alignment and showcase bankable projects, positioning the country as a viable destination for private-sector participation in island energy systems.

Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments

In May last year, international finance institution the World Bank approved the Renewable Energy Acceleration Program, a seven-year initiative aimed at modernizing the grid and increasing renewable energy penetration to 15% by 2030. The program focuses on unlocking private capital while strengthening transmission infrastructure to accommodate variable renewable energy sources.

Project development is gaining traction in the country, particularly in innovative technologies suited to Seychelles’ land constraints. The 5.8 MW Seysun Lagoon floating solar PV project, developed by independent renewable power producer Qair, is under construction and expected online in 2026.

Alongside renewables, Seychelles continues to pursue upstream opportunities to diversify its economy. The government approved new exploration entrants in 2025 and extended exiting petroleum agreements, while securing an infrastructure partnership with China. Multilateral estimates suggest over $800 million in investment will be required over the next 25 years.

Regulatory reform is central to this transition, with Seychelles introducing an independent power producer framework to open the market to private developers. Standardized power purchase agreements, grid access reforms and strengthened public-private partnership structures are being implemented to improve transparency, reduce risk and accelerate project bankability across solar, storage and emerging wind opportunities.

“Minister Jérémie’s participation highlights the strategic importance of island nations in Africa’s broader energy transition,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments. Her insights will be critical to advancing dialogue on resilient, low-carbon energy systems across the continent.”

Distributed by APO Group on behalf of African Energy Chamber.

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