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S&P Global Commodity Insights to Provide Crucial Market Analysis at MSGBC 2024 Conference

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MSGBC

S&P Global Commodity Insight’s participation at MSGBC 2024 is poised to showcase how the region can leverage its burgeoning hydrocarbons industry to become a global exploration and production hub

DAKAR, Senegal, August 28, 2024/APO Group/ — 

Financial information and market analytics provider S&P Global Commodity Insights Associate Director for Upstream Energy Eric Schmid will participate as a speaker at this year’s MSGBC Oil, Gas & Power 2024 conference in Dakar in December.

As investors seek to make informed decisions around the future of the oil, gas and power sector and global energy transition in the MSGBC region, S&P Global Commodity Insights offers data-driven, technology-focused solutions for navigating complex and rapidly shifting industry dynamics. The company will help shape the MSGBC 2024 agenda (https://apo-opa.co/4cDiKO8) while leveraging its network to attract delegates and speakers.

Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region’s oil, gas and power sector. Visit www.MSGBCOilGasAndPower.com to secure your participation at the MSGBC Oil, Gas & Power 2024 conference. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

A strong slate of exploration and production activities in 2024 have positioned the MSGBC region as a premier energy investment destination. In June 2024, Senegal started production at its inaugural oil development, the Sangomar oilfield project (https://apo-opa.co/3WVOLew). Meanwhile, the country is on track for first gas production from the Greater Tortue Ahmeyim (GTA) development – which straddles the maritime border with Mauritania – later this year. Senegal is also home to the massive Yakaar-Teranga development, which holds an estimated 25 trillion cubic feet of natural gas reserves and is eyeing first production in 2027.

By taking a market-driven approach towards its burgeoning hydrocarbons industry, the MSGBC region is well positioned to leverage its position as a frontier oil and gas market

Meanwhile, the MSGBC region is also a frontier market for green hydrogen development. Large scale green hydrogen (https://apo-opa.co/3X1JUZo) projects in the region include Mauritania’s 35 GW Megaton Moon, 16-20 GW Aman and 10 GW Project Nour, which are being developed by Danish developer GreenCo Energy, renewable energy developer CWP Global and clean energy producer Chariot Energy, respectively.

Furthermore, having secured its extension for offshore Blocks A2 and A5 from The Gambia’s government until September 30, 2025, independent energy player FAR is now seeking farm-in partners to fund geoscience reviews and exploration wells. Blocks A2 and A5 lie in proximity to the 230-million-barrel Sangomar oil field in Senegal, highlighting the block’s potential for a major discovery.

Guinea-Conakry is currently finalizing the terms of its 22-block bid round, which is expected to bring new players into the market and incentivize exploratory drilling. To date, five prospect wells have been drilled in the country’s acreage, which contains 27 offshore blocks and is located near to existing commercial discoveries in Ivory Coast, Senegal and Mauritania.

Last year, independent exploration company PetroNor agreed to transfer its 100% interest in the Sinapa and Esperança licenses offshore Guinea-Bissau to global energy company Apus Energy. The licenses are situated in Blocks 2, 4A and 5A and are thought to contain prospective resources of 13.4 million barrels of oil.

In light of these major updates, marking the MSGBC region’s position as a premier destination for frontier oil and gas exploration and renewable energy development, Schmid’s participation at MSGBC 2024 will provide vital insights into the region’s exploration and production strategies. As a speaker, Schmid is poised to showcase opportunities and market trends to international oil companies, regulators, independent firms and more as they dive into strategic growth opportunities in the region.

“By taking a market-driven approach towards its burgeoning hydrocarbons industry, the MSGBC region is well positioned to leverage its position as a frontier oil and gas market to drive meaningful growth while bringing lucrative returns on investment for global players. S&P Global Commodity Insight’s participation at MSGBC 2024 will undoubtedly showcase the region’s potential as a favorable investment destination and we are thrilled to have Schmid participate as a speaker at this monumental event,” states ECP Project Director Sandra Jeque.

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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Energy Capital

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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