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Suriname’s Economic Affairs Minister to Share Vision Built on Offshore Oil at Caribbean Energy Week (CEW) 2026

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Energy Capital

Andrew Baasaron, Minister of Economic Affairs, Entrepreneurship and Technological Innovation of Suriname, will address regional and international investors at Caribbean Energy Week 2026

PARAMARIBO, Suriname, November 24, 2025/APO Group/ –Suriname’s Minister of Economic Affairs, Entrepreneurship and Technological Innovation, Andrew Baasaron, will join Caribbean Energy Week (CEW) 2026 as a key speaker, where he is expected to offer insights into the country’s long-term strategy amid one of the most significant energy transitions in its history. The inaugural event takes place from March 30 to April 1 in Paramaribo under the theme, “Leveraging Energy Diversity Across the Caribbean,” and will position Suriname’s emerging offshore sector as a pillar of regional growth.

Minister Baasaron is expected to provide a detailed look at Suriname’s plans for responsibly managing its upcoming oil revenues and translating resource wealth into wider economic development. Central to this vision is the $10 billion GranMorgu development in offshore Block 58 – operated by TotalEnergies and APA Corporation – which represents the largest industrial investment in Suriname’s history. Targeting first oil in 2028, the project is designed to produce 220,000 barrels per day from an estimated 750 million barrels of recoverable reserves.

His participation reinforces the event’s role as the definitive platform for connecting global capital with the precise opportunities driving the Caribbean’s energy future

Suriname’s development model emphasizes environmental responsibility, including plans for an all-electric, zero-routine-flaring FPSO for GranMorgu. This approach aligns with the government’s Multi-Annual Development Plan 2022–2026, which seeks to broaden economic growth across the agriculture, services and technology sectors. Efforts underway include strengthening the business environment, establishing a Local Content Development Office and launching a new SME fund.

Technological innovation is also at the forefront of the government’s strategy. Suriname is advancing spatial AI and extended-reality applications in both industry and education. A UNIDO-supported loan collateral facility launched in October aims to expand financial access for indigenous farmers, while fiscal stability measures include a proposed sovereign savings and stabilization fund and a Staatsolie bond issuance in March 2025, which raised over $515 million to help finance the company’s 20% participation in the GranMorgu project.

Regionally, Suriname continues to deepen cooperation with neighboring states, including agreements with Guyana and Trinidad and Tobago on shared electricity infrastructure, natural gas development and renewable energy initiatives – among them Staatsolie’s 45 MWp solar program. CEW 2026 will offer investors and industry leaders direct access to Surinamese stakeholders and a front-row seat to one of the Caribbean’s most dynamic emerging energy markets.

“Minister Baasaron’s insights on Suriname’s economic diversification and investment climate will be invaluable to delegates at CEW 2026. His participation reinforces the event’s role as the definitive platform for connecting global capital with the precise opportunities driving the Caribbean’s energy future,” said Sandra Jeque, International Conference Director at Energy Capital & Power.

Join us in shaping the future of Caribbean energy. To participate in this landmark event, please contact sales@energycapitalpower.com.

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

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Transnet Freight Rail Chief Executive Officer (CEO) to Spotlight South Africa’s Rail Reform at African Mining Week (AMW) 2026

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Etu Energias

As South Africa accelerates freight rail reforms and private sector participation to unlock mining investment, Transnet Freight Rail CEO Russell Baatjies will outline the company’s infrastructure modernization strategy and opportunities for investors at African Mining Week 2026

CAPE TOWN, South Africa, August 20, 2026/APO Group/ –Russell Baatjies, Group Chief Executive of Transnet Freight Rail, has been confirmed as a speaker at African Mining Week (AMW) 2026 – Africa’s premier gathering for the mining industry – taking place October 14-16 in Cape Town.

 

Baatjies will participate in the Regional Connectivity: Financing Africa’s Mineral Infrastructure panel, where he is expected to discuss Transnet’s strategy to modernize South Africa’s freight rail network, expand private sector participation and strengthen regional logistics corridors to support mining growth and cross-border trade.

His participation comes as South Africa accelerates sweeping logistics reforms aimed at removing infrastructure bottlenecks and unlocking greater investment across its mining sector. As the country seeks to mobilize R2 trillion to develop its critical minerals industry – including an estimated R40 trillion in untapped iron ore resources – expanding rail and port capacity has become central to increasing exports of coal, platinum group metals, manganese, chrome and iron ore while improving regional trade connectivity.

In May 2026, Transnet signed rail access agreements with 11 Train Operating Companies (TOCs) serving the coal, manganese, container, fuel and general freight sectors, marking a major step toward opening the national freight rail network to private operators. The agreements are expected to add 24 million tons of annual freight capacity, with the potential to increase to 52 million tons over the next five years, supporting South Africa’s goal of increasing annual rail volumes from approximately 180 million tons to 250 million tons by 2030.

Building on these reforms, Transnet launched the procurement process in June 2026 for The Leasing Company, a rolling stock leasing platform designed to improve access to locomotives and wagons for both established and emerging TOCs. The initiative is expected to increase asset utilization, strengthen freight capacity and attract greater private investment into Southern Africa’s rail sector.

The company is also reinforcing its financial position to accelerate infrastructure modernization through major financing agreements, including a €300 million loan from Agence Française de Développement, a €350 million loan from the European Investment Bank, a $278 million facility from the New Development Bank, a $1 billion loan from the African Development Bank and a R94.8 billion government guarantee package supporting its long-term recovery and investment program.

Alongside infrastructure investment, Transnet is strengthening collaboration with the mining industry to improve export capacity through strategic agreements with Exxaro ResourcesUnited Manganese of KalahariHotazel Manganese Mines and Tshipi é Ntle Manganese Mining, reinforcing efforts to support higher mining production through more efficient logistics.

At AMW 2026, Baatjies is expected to examine how rail modernization, private sector participation and regional logistics integration can unlock new mining investment while strengthening Africa’s mineral value chains and improving access to global markets.

 

 

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

 

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Senegal’s President and Energy Minister Confirm Official Patronage at MSGBC Oil, Gas & Power 2026

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African Energy Chamber

MSGBC Oil, Gas & Power 2026 will take place from 1-3 December in Dakar under the High Patronage of President Bassirou Diomaye Faye and in partnership with the Ministry of Energy and Petroleum of the Republic of Senegal

DAKAR, Senegal, August 18, 2026/APO Group/ —MSGBC Oil, Gas & Power 2026 has confirmed the official participation of Senegalese President Bassirou Diomaye Faye and Minister of Energy and Petroleum Dr. El Hadji Abdourahmane Diouf at this year’s event, set to take place 1-3 December at the Centre International de Conférences Abdou Diouf (CICAD) in Dakar.

Held under the High Patronage of President Faye and in partnership with the Ministry of Energy and Petroleum, MSGBC Oil, Gas & Power 2026 reflects the Senegalese government’s commitment to advancing energy sector investment and development across the MSGBC basin.

Minister Diouf assumed office in June 2026 following the formation of Senegal’s new government, which restructured the former Ministry of Energy, Petroleum and Mines into separate portfolios to place dedicated institutional focus on the country’s expanding hydrocarbons sector. He previously served as Minister of Higher Education, Research and Innovation and as Minister of the Environment and Ecological Transition.

Their participation comes as Senegal consolidates its position as a new oil and gas producer. The Sangomar field produced 17.9 million barrels in the first half of 2026, while the Greater Tortue Ahmeyim LNG project – shared with Mauritania – is now operating at full capacity following its first export cargo in early 2025.

Organized under the theme Powering Investment, Delivering Prosperity: Executing the Region’s Energy Strategy, MSGBC Oil, Gas & Power 2026 will convene heads of state, ministers, investors, operators and development partners to shape the next phase of energy investment across Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry.

For more information and registration, visit www.msgbcoilgasandpower.com https://apo-opa.co/4xL10v4.

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

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Energy Intensive Users Group of Southern Africa (EIUG) and VUKA Group announce joint EIUG Conference and C&I Energy + Storage Summit

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The EIUG Conference will provide a platform for open dialogue on electricity industry challenges and opportunities

JOHANNESBURG, South Africa, August 18, 2026/APO Group/ –The Energy Intensive Users Group of Southern Africa (EIUG), together with VUKA Group (https://WeAreVUKA.com/), will co‑host the EIUG Conference alongside the C&I Energy + Storage Summit, created by VUKA Group, on 28–29 October 2026 at The Maslow Hotel, Sandton.

The EIUG Conference is more than a gathering – it is a platform to shape South Africa’s industrial energy future

The EIUG Conference will provide a platform for open dialogue on electricity industry challenges and opportunities. It will bring together government, industry leaders, energy‑intensive consumers, and service providers to exchange perspectives, strengthen industrial competitiveness, and explore solutions for South Africa’s energy future.

The two‑day programme features ministerial and industry keynotes, panel discussions on tariff escalation, carbon tax, CBAM, and electricity market reforms, as well as masterclasses on financing, digitalisation, grid security, and hydrogen development.

Delegates will also benefit from networking functions, case study presentations, and practical workshops designed to accelerate the just energy transition.

“The EIUG Conference is more than a gathering – it is a platform to shape South Africa’s industrial energy future,” says Fanele Mondi, EIUG CEO. “ By bringing together government, industry, and service providers, we aim to foster open dialogue and practical solutions that support competitiveness, sustainability, and resilience.”

For more information, visit EIUG Conference (https://apo-opa.co/4x0Wzwd).

Distributed by APO Group on behalf of VUKA Group.

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