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Technip Energies Consolidates Namibia’s Diverse Energy Mix with Multi-Project Developments

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Technip Energies

Following a series of successful project developments in Mozambique and Senegal, the French-based engineering and technology company is reaffirming its commitment to Africa’s energy future with a myriad of developments in Namibia

JOHANNESBURG, South Africa, March 27, 2023/APO Group/ — 

French-based engineering and technology company Technip Energies has emerged as the partner of choice for African oil and gas producers, with the company deploying its state-of-the-art technology and developing a series of large-scale projects across the African continent. To date, the company has delivered more than 100 projects in Africa, offering technological solutions, products and services as well as turnkey contracting and construction expertise across the downstream, Liquefied Natural Gas (LNG), gas-to-power, mining & metals and offshore industries. With this background, Technip Energies serves a key driver of large-scale hydrocarbon projects in Africa, and the company has now turned its attention to Namibia’s promising sector.

Namibia is set to witness unprecedented growth across the oil, gas and renewable energy industries owing to sizeable oil and gas discoveries made in 2022 and 2023 as well as significant potential for green hydrogen. While Technip’s footprint in Namibia goes as far back as 2008 when the company was awarded a contract for a uranium treatment plant located in the western part of the country (closed in 2012), large-scale oil and gas discoveries made in 2022 by Shell and TotalEnergies signaled new opportunities for the French firm in the country’s energy sector.

In February 2022, global energy majors Shell, TotalEnergies and Qatar Energy announced two discoveries of oil and gas in the Graff and Venus finds, merely weeks apart. According to global market intelligence firm Wood Mackenzie, the Namibian deepwater discoveries contributed to the highest value of global finds in 2022, alongside discoveries in Guyana and Brazil, making clear the significant role these discoveries will play in kickstarting long-term socioeconomic growth in the country. During the 2022 edition of the continent’s premier event for the oil and gas industry, African Energy Week (AEW), whereby both Namibia and Technip Energies played a central role, the French firm signed a deal with the country’s national oil company NAMCOR for the collaboration on the development of the two discoveries.

Namibia is set to witness unprecedented growth across the oil, gas and renewable energy industries owing to sizeable oil and gas discoveries made in 2022 and 2023

“We are excited about the two discoveries made this year and want to start discussing with a world-class company like Technip Energies to see how they can assist us to get these discoveries onstream,” stated Immanuel Mulunga, CEO of NAMCOR during the signing ceremony.

Technip representative and SVP of Gas and Low Carbon Energy, Loic Chapuis, added that, “Namibia is a key focus for us and the development of these discoveries perfectly aligns with our agenda as Technip Energies. We are delighted to share technology with Namibia and feel that this MoU will be instrumental in improving technology in Namibia.”

For Namibia, Technip Energies’ partnership signals new opportunities for the accelerated development of oil and gas. By leveraging the firm’s expertise in LNG and offshore solutions and experience as a successful project developer both in Africa and worldwide, the country is well positioned to usher in a new era of market growth on the back of hydrocarbons. With Technip Energies expertise in engineering and building all types of LNG plants – including large-scale, onshore and offshore, as well as in remote and harsh environments – Namibia’s burgeoning oil and gas developments are in capable hands.

“Having Technip Energies as a partner for the development of Namibia’s large-scale oil and gas projects is not only a testament to the company’s role in Africa’s energy future but demonstrates Namibia’s commitment to developing its oil and gas resources. Technip brings to Namibia a strong track record of industry success and Namibia stands to learn a great deal from the company. The MoU signed between the country and Technip in 2022 represents a critical step towards getting these large-scale discoveries off the ground and ushering in a new era of project success in Namibia. We look forward to other deals such as this that will be signed at the 2023 edition of AEW,” stated NJ Ayuk, Executive Chairman of the AEC.

However, Technip’s expertise and footprint in Namibia transcends the oil and gas industry with the company making a strong play for the development of green hydrogen. Representing a highly prospective green hydrogen market owing to sizeable potential for solar and wind deployment, Namibia is undertaking an ambitious green hydrogen agenda alongside a number of regional and global partners. To date, Technip is working on a conceptual study for green ammonia production with a capacity of between 200 and 400 MW from solar and wind. As the country’s green hydrogen market expands, Technip is expected to play a central role in driving developments.

From natural gas to green hydrogen to renewable energies, AEW 2023 offers the best platform for high-level stakeholders to discuss the future of Africa’s energy sector. This year’s edition will have an even higher focus on gas and signing deals, with burgeoning markets such as Namibia representing top points of discussion. Join industry experts, governments and leading investors at this year’s AEW, taking place from October 16-20 in Cape Town.

Distributed by APO Group on behalf of African Energy Chamber.

Events

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

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Debate

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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Business

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

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CLG

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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ITFC

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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