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Korean International Cooperation Agency (KOICA) and Global Green Growth Institute (GGGI) sign a partnership agreement

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KOICA

KOICA is going to promote sustainable development through strengthening the capacity to manage societal, political, economic, and environmental risks

OUAGADOUGOU, Burkina Faso, March 14, 2023/APO Group/ — 

The Korean International Cooperation Agency (KOICA) and the Global Green Growth Institute (GGGI) (www.GGGI.org) signed a financing agreement on 9th March 2023 in Ouagadougou, to jointly strengthen the resilience and sustainable development of the Kaya-Dori axis in the Centre-Nord region of Burkina Faso.

According to the Korean government’s the Humanitarian-Development-Peace Nexus Implementation Strategy to contribute to international efforts to address the root causes of fragility, KOICA is going to promote sustainable development through strengthening the capacity to manage societal, political, economic, and environmental risks.

The project will last for three years with a budget of 3 million US dollars, or about 2 billion XOF. It will be implemented by GGGI in collaboration with the Government of Burkina Faso, the Technical Alliance for Development Assistance (ATAD) and Action for the Promotion of Local Initiatives (APIL).

It will offer solutions for sustainable livelihoods of 750 direct beneficiary households, and reach more than 18,750 indirect beneficiaries, 60% of whom are women

The project will address issues relating to environmental preservation, access to water, food security, the promotion of women, income-generating activities, sustainable agriculture, and natural resource management. It will complement existing initiatives that support the government in managing the internal displacement crisis resulting from terrorism in the Sahel. However, it goes beyond humanitarian support to build community resilience and sustainable development focused on local green growth strategies.

For the Minister of Environment, Water and Sanitation (MEEA), this project will contribute to its objectives to increase the recovery and sustainable management of degraded agricultural land, greening of local development plans, promotion of solar pumping systems for agricultural production, access to environmentally friendly cooking systems, and the creation of nutritious community gardens.

GGGI will capitalize the project results to design a replicable intervention model for promoting green growth in situations of conflict and fragility.

According to the Governor of the Center-North Region, Colonel Major Zoewendmanego Blaise Ouédraogo: “This project will bring relief to the population of the region by providing considerable support to internally displaced persons (IDPs). It will offer solutions for sustainable livelihoods of 750 direct beneficiary households, and reach more than 18,750 indirect beneficiaries, 60% of whom are women.”

The Country Director of the KOICA office in Côte d’Ivoire covering several African countries, Mr. Dong-wan Woo, stressed the importance for KOICA to strengthen and boost cooperation between Korea and Burkina Faso. He said: “Strengthening resilience and consolidating peace on the Kaya-Dori axis through this project demonstrates that Korea is a friendly country concerned about the future of Burkina Faso’s population.”

Over the past five years, GGGI and KOICA have delivered several joint projects around the world. They include the promotion of renewable energy in Fiji, Vanuatu, Solomon Islands and Papua New Guinea; wastewater and solid waste treatment in the Lao People’s Democratic Republic; the management of the Aral Sea ecological crisis faced by the Republic of Karakalpakstan; the promotion of climate-smart agriculture in Nepal, the Strengthening of Solid Waste and Faecal Sludge Management Capacity for the Greater Kampala Metropolitan Area in Uganda and a project in Ethiopia called climate resilient forest and landscape restoration.

Distributed by APO Group on behalf of GGGI Burkina Faso Country office.

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

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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