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S&P Global Ratings’ Samira Mensah Joins African Energy Chamber (AEC) G20 Forum as Africa Seeks to Close Investment Gap

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African Energy Chamber

Taking place November 21, the G20 Forum connects global capital to African projects, supporting Africa’s broader goals of making energy poverty history

JOHANNESBURG, South Africa, November 12, 2025/APO Group/ –With an energy finance gap estimated between $30 billion and $50 billion per year, Africa is pursuing diversified sources of financing to address this shortfall and advance strategic projects. Aligned with goals by the continent to make energy poverty history, the African Energy Chamber’s (AEC) (https://EnergyChamber.org/) upcoming G20 Africa Energy Investment Forum seeks to close this gap by connecting global capital to African projects. Samira Mensah, Managing Director, Regional Head Africa & Country Head South Africa, S&P Global Ratings, is speaking at the forum, where she is expected to share insight into investment trends, credit ratings and strategies for securing capital in an ever-changing global context.

 

While Africa’s energy potential is well-known – with over 125 billion barrels of proven oil reserves, 620 trillion cubic feet of proven gas and abundant renewable energy potential – high borrowing costs, perceived credit risks and limited access to long-term financing remain an impediment to project development. In tandem, global pressures to advance the energy transition has seen funding for oil and gas projects significantly fall, delaying African projects and impacting efforts to enhance energy security across the continent. Within this scenario, organizations such as S&P Global Ratings plays a crucial role, shaping market confidence and supporting capital access through transparent risk evaluation. The organization’s research has consistently highlighted the importance of developing robust domestic capital markets, enhancing sovereign creditworthiness and leveraging blended finance and guarantees to reduce the cost of borrowing for African issuers.

Closing Africa’s energy investment gap is not only about mobilizing capital, it is about changing perceptions

While perceived credit risk continues to impact projects in Africa, recent trends have seen a continental push toward closing Africa’s energy financing gap. The $5 billion Africa Energy Bank – spearheaded by the African Petroleum Producers Organization and Afreximbank – is making rapid gains in raising funds, offering an alternative, home-grown solution to raising capital. Development finance is gaining traction, evidenced by the U.S.-Export-Import Bank re-approving a loan of up to $4.7 billion to support the development of the TotalEnergies-led Mozambique LNG project. The African Development Bank also reached a record of $11 billion in new investments approved in Africa between 2024 and 2025. International energy companies are ramping-up their spending. Eni is investing $8 billion in Algeria, backed by a deal signed with Sonatrach, while ExxonMobil could invest as much as $15 billion in Angola’s Namibe basin following successful drilling. African M&A transactions also saw a significant increase, totaling $2.7 billion in H1, 2025 alone.

The upcoming G20 Africa Energy Investment Forum builds on this momentum by offering insight into Africa’s energy opportunities. The forum follows the African Energy Week 2025 conference, where a Premier Invest-led Deal Room identified up to $13.4 billion project opportunities across the upstream, midstream, downstream and renewable energy segments. By connecting global financiers with African stakeholders, the G20 Forum aims to drive projects forward while addressing challenges such as perceived risk and market uncertainty. Mensah’s participation will bring technical depth to discussions on how sovereign and corporate ratings can catalyze investment in Africa’s oil, gas and power sectors, particularly as countries pursue both expansion and transition agendas.

“Closing Africa’s energy investment gap is not only about mobilizing capital, it is about changing perceptions, improving credit risk assessments and creating confidence in African markets. Institutions like S&P Global Ratings play a vital role in helping investors see the full picture: that Africa is not a risk to be avoided, but an opportunity to be embraced,” states NJ Ayuk, Executive Chairman, AEC.

To register for the Forum click here (https://apo-opa.co/443y98Q).

Distributed by APO Group on behalf of African Energy Chamber.

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Venezuela Energy Week Confirms 19 August Date for Houston Industry Showcase

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Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the Houston Industry Showcase will take place on 19 August, convening U.S. energy leaders ahead of Venezuela Energy Week 2027 in Caracas

HOUSTON, United States of America, August 10, 2026/APO Group/ –The organizers of Venezuela Energy Week (VEW) have confirmed that the Houston Industry Showcase will take place on 19 August 2026 at The Post Oak Hotel. Officially supported by Venezuela’s Ministry of Hydrocarbons and national oil company PDVSA, the event will bring together U.S. energy companies, investors and policymakers to explore commercial opportunities ahead of Venezuela Energy Week 2027 in Caracas in February.

The showcase will feature Minister of Hydrocarbons Paula Henao as a keynote speaker, providing an update on Venezuela’s energy priorities, investment agenda and opportunities for international partnership. Her participation underscores the country’s commitment to strengthening engagement with global industry as it seeks to expand production and unlock new upstream investment.

Bringing together exploration and production companies, independent operators, oilfield service providers, engineering firms, technology companies and financial institutions, the Houston Industry Showcase will examine opportunities across exploration, production optimization, infrastructure rehabilitation and field development.

As Venezuela works to increase oil and gas production, demand is expected to grow for the technical expertise of U.S. service providers in drilling, well intervention, completion services, production optimization, artificial lift, digital oilfield technologies and infrastructure rehabilitation. Houston-based industry leaders – including SLB, Halliburton, Baker Hughes, Weatherford and a broad network of EPC contractors, equipment manufacturers and specialized service companies – are well positioned to support the modernization of mature fields, improve operational efficiency and deliver the technologies and services needed for future upstream projects.

The Houston event follows a successful Industry Showcase in London, which brought together international investors, operators and energy service companies to explore Venezuela’s evolving investment landscape. Building on that momentum, the Houston edition will deepen engagement with the U.S. energy industry and strengthen commercial dialogue ahead of Venezuela Energy Week 2027.

Venezuela Energy Week – the country’s largest energy investment platform to date – has been confirmed for 22–25 February 2027 in Caracas. Organized by Energy Capital & Power, the event will bring together government leaders, investors and industry stakeholders from across the global energy value chain.

To register for the Houston Industry Showcase on August 19, visit https://apo-opa.co/4g0TncR. To learn more about delegate, sponsorship and partnership opportunities for the showcase or to secure your place at Venezuela Energy Week 2027 in Caracas, contact info@venezuelaenergyweek.com.

Supporting Venezuela’s Earthquake Recovery
Our thoughts are with the people and communities affected by the recent earthquakes in Venezuela. As the country begins the long process of recovery, we encourage members of the global energy community to support relief and reconstruction efforts through the CAF Recovery and Reconstruction Fund for Venezuela, which channels contributions from individuals, companies and organizations to emergency assistance, essential services and long-term rebuilding efforts.

To learn more or make a contribution, please visit the CAF Recovery and Reconstruction Fund for Venezuela (https://apo-opa.co/4hkvteE).

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

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

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

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Guyana’s Next Wave of Offshore Projects Sets the Stage for Caribbean Energy Week Launch

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Etu Energias

The Caribbean Energy Week 2027 launch in Georgetown on September 1 will highlight the multi-billion-dollar developments driving Guyana toward 1.7 million bpd and creating new opportunities across the energy value chain

GEORGETOWN, Guyana, August 6, 2026/APO Group/ –Guyana’s rapidly expanding offshore development pipeline will take center stage when government officials, operators, investors and service providers gather in Georgetown on September 1 for the official launch of Caribbean Energy Week 2027. As the country advances a series of multi-billion-dollar developments across the Stabroek Block, the launch event will provide an early look at the projects, partnerships and investment opportunities expected to define Guyana’s next phase of growth.

 

With more than 30 discoveries made to date and multiple projects under construction or progressing through development, Guyana is targeting oil production of 1.3 million bpd by the end of 2027 and 1.7 million bpd by 2030, up from approximately 900,000-910,000 bpd today. As exploration success transitions into long-term production growth, opportunities are expanding across upstream development, offshore infrastructure, engineering, logistics and oilfield services.

Among the most significant near-term milestones is the Uaru development, ExxonMobil’s fifth sanctioned project offshore Guyana, which is expected to achieve first oil in 2026. The $12.7 billion development will produce up to 250,000 bpd from approximately 800 million barrels of recoverable resources across the Uaru, Mako and Snoek fields, utilizing up to 76 development wells and an FPSO with storage capacity of two million barrels.

Production capacity will expand further through the Whiptail development, ExxonMobil’s sixth sanctioned project in Guyana. Targeting first oil in late 2027 or early 2028, the $12.7 billion project will unlock approximately 850 million barrels across the Whiptail, Pinktail and Tilapia fields through up to 72 development wells. Designed to produce 250,000 bpd, the development will utilize the Jaguar FPSO currently under construction by SBM Offshore.

Looking beyond the current construction pipeline, Guyana is already advancing the projects expected to sustain production growth toward its 2030 target. The Hammerhead development, approved in 2025, is expected to commence production in 2029 with capacity of 150,000 bpd, while the proposed Longtail development would combine the Longtail, Tripletail and Turbot discoveries into one of the country’s largest integrated offshore developments, with planned production of 1.5 billion cubic feet of gas per day and 290,000 bpd of condensate.

These projects illustrate the scale of Guyana’s long-term development pipeline and the breadth of opportunities emerging across the energy value chain. Beyond offshore production, continued investment will be required across subsea systems, floating production infrastructure, drilling, marine logistics, engineering services, gas infrastructure and local content development as successive projects move toward execution.

Caribbean Energy Week 2027 will host its in-country launch at the Guyana Marriott Hotel in Georgetown on September 1, 2026, bringing together government officials, investors, operators and industry stakeholders for an early look at the opportunities, priorities and partnerships that will shape the region’s energy future. To register, please visit https://apo-opa.co/4cql5i3

 

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

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