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Suriname to Host First Caribbean Energy Week, Driving Regional Investment and Collaboration

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Caribbean Energy Week

Caribbean Energy Week unites industry leaders from Suriname, Guyana, Trinidad and the region on March 30 – April 1, 2026, in Paramaribo, as Suriname prepares to become an oil producer in the coming years

PARAMARIBO, Suriname, September 25, 2025/APO Group/ –Caribbean Energy Week (CEW), a new three-day conference dedicated to driving resources investment and cooperation across the Caribbean, was officially launched today by organizing partners Energy Capital & Power, Sheriff Consultancy, Colibri Business Development, and Elite D’Fam. The event is set to take place from March 30 to April 1, 2026, at the Royal Torarica Hotel in Paramaribo, Suriname.

CEW will be produced in partnership with the African Energy Chamber, Afreximbank, and S&P Global Commodity Insights, and underscores Suriname’s expanding role in global energy.

Building on the foundation of the Suriname Awareness Symposium (SAS) 2025 event – established by Vanessa Yacoob and Ileana Ferber – CEW takes an expansive approach to the region’s energy investment landscape, bringing together hydrocarbons, mining, power and carbon credits and featuring the most dynamic and attractive markets in the Caribbean, including Suriname, Guyana, and Trinidad & Tobago – as well as investors from the United States, Brazil and elsewhere.

CEW 2026 is held under the auspices of Suriname’s President Dr. Jennifer Geerlings-Simons and will convene high-level stakeholders from across the Caribbean, with participation expected from the leadership of Guyana, Barbados, and CARICOM. This underscores the event’s regional importance and the growing momentum for collaboration in energy, mining and sustainable resource development.

Through a multi-track program of strategic sessions and workshops, CEW will cover exploration and production, oilfield services and technology, finance, mining, carbon credits and renewables, building on the recent surge in energy developments across the Caribbean. Dedicated sessions on local content will focus on inclusive growth, skills development and supply-chain expansion, positioning the event as a catalyst for local and regional transformation.

The Suriname–Guyana basin is among the world’s most exciting oil frontiers. Guyana has discovered more than 13 billion barrels of oil equivalent to date, with projects such as Liza (220,000 bpd), Payara (220,000 bpd), Yellowtail (250,000 bpd) and the recently sanctioned Hammerhead project driving rapid production growth. Suriname, with an estimated 2.2 billion barrels of recoverable resources, is advancing its first major deepwater development: TotalEnergies’ GranMorgu project, expected online in 2028 at approximately 220,000 bpd. Petronas and Shell are pursuing exploration across multiple offshore blocks, while upstream spending in Suriname increased from $348 million in 2020 to $514 million in 2024 and is projected to reach $9.5 billion between 2025 and 2027.

Trinidad and Tobago is expanding its deepwater acreage, attracting strong international interest. ExxonMobil was recently awarded offshore Block TTUD-1, which could generate up to $21.7 billion in investment if reserves are confirmed. Global oilfield service leaders, including Halliburton, SLB and Baker Hughes, are expanding their Caribbean presence, with SLB opening a new office in Suriname in 2025, demonstrating its long-term commitment to the market.

Mining remains a central pillar of the Caribbean’s resource economy. In Suriname, gold represented 74% of exports in 2024, with Newmont and Rosebel among the largest operators. Guyana’s mining sector is growing under a clear legal framework, with projects led by Newmont, AngloGold Ashanti and Gold Fields. By bringing together governments, operators, investors and service companies, CEW highlights the interconnected opportunities across oil, gas and mining, fostering regional collaboration and laying the groundwork for sustainable economic growth.

Companies and organizations interested in sponsoring or participating in Caribbean Energy Week 2026 are invited to contact Energy Capital & Power at sales@energycapitalpower.com to secure their place. 

Distributed by APO Group on behalf of African Energy Chamber.

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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