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The BEAC and CEMAC’s Monetary and Economic Harakiri (By Leoncio Amada NZE)

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BEAC

Despite potentially being an important market of approximately 59 million inhabitants and abundant natural resources, the CEMAC zone continues to be the least developed with the worst fiscal and monetary policies on the African continent

JOHANNESBURG, South Africa, September 30, 2022/APO Group/ — 

By Leoncio Amada NZE, Executive President of the African Energy Chamber (www.EnergyChamber.org) CEMAC zone, President of APEX INDUSTRIES SA

The global health and economic crisis caused by the COVID-19 pandemic impacted the economic foundations of the CEMAC zone in an unprecedented way due to the limited integration and economic diversification of the region. The six countries from the union – Cameroon, Equatorial Guinea, Gabon, Chad, the Central African Republic and the Republic of Congo – share a regional economy dominated mainly by hydrocarbons, which represent 80% of export revenues and 75% of tax revenues, according to the World Bank and the International Monetary Fund. From the six member states, only Cameroon is a net importer of oil. However, Chad, Congo-Brazzaville, Equatorial Guinea and Gabon are more dependent on oil than Cameroon.

The Promised Economic Diversification that has Never Arrived

For decades, governments from CEMAC countries have been talking about economic diversification programs that have not been as successful as we all hoped. The reason: excellent economic diversification plans and programs have been prepared on paper, but the private sector’s development has not kept pace: one cannot speak of diversification and economic growth in the absence of a strong national or regional business fabric that generates employment and business opportunities for nationals and foreigners. In short, the private sector must have the weight it deserves; it must be the thermometer with which the temperature and vigor of economic activity is measured; and, above all, it must be the master of the orchestra in the design and articulation of any macroeconomic program in the medium and long term for it to has a minimum chance of prospering.

Despite potentially being an important market of approximately 59 million inhabitants and abundant natural resources, the CEMAC zone continues to be the least developed with the worst fiscal and monetary policies on the African continent.

Out of 190 countries in the World Bank’s “Doing Business” index in 2020, the six CEMAC countries are in the worst positions with Cameroon in position 167; Gabon at position 168; Equatorial Guinea in position 178; Chad at position 182; Central African Republic in position 184; and Republic of the Congo at position 180. With the scenario described above, it is not surprising that the flow of foreign investment to the region has decreased exponentially in recent years.

A Sinking Ship

There are moments when it becomes necessary to call things by their name, moments when the silence is not an option, moments when it is necessary to denounce and expose the bad actors that are holding back the development of the African continent, moments when we must put the general public interest above anything else.

The time has come for the BEAC to remove its suffocating boot from the neck of the small entrepreneur and businessman from the CEMAC area

The time has come for Mr Abbas Mahamat Tolli, Governor of the BEAC, to respond to regional and international public opinion on certain issues related to the implementation of his disastrous #BEACForex Regulation in the CEMAC zone.

The regional business community, foreign investors, partners in development and the general population of the CEMAC region are experiencing unbearable pain because of irresponsible monetary policies that are ruining thousands of lives and businesses. The excuse for the implementation of clearly disastrous and Neanderthal-style monetary policies to safeguard the parity of a currency whose economy is in free fall no longer convinces anyone.

Does BEAC’s Governor work for the strengthening and development of CEMAC’s business ecosystem, or is he at the service of certain interests whose geostrategic objective could be to see the region totally financially destroyed and indefinitely in the economic mess in which the six countries find themselves?

The African Energy Chamber (AEC) invites the Governor of BEAC and his team to participate in the upcoming African Energy Week (AEW) 2022 that will take place from October 18 to 21 in Cape Town, where, among other things, issues related to the economic and financial spectrum of the CEMAC area will be addressed, to give him the possibility of using a powerful platform such as #AEW2022 to give explanations to the African and global business community about the monetary and financial objectives pursued in the medium and long term with the implementation of disastrous policies that the BEAC is enforcing for the macroeconomic interests of the subregion.

Need for an Urgent Intervention of Public Authorities

The AEC invites the Heads of State and Finance Ministers of the #CEMAC zone to adopt corrective measures that would mitigate the unnecessary economic damage caused in the region by the implementation of the disastrous and irresponsible BEAC’s Foreign Exchange Regulation – an issue that has become a true nightmare for businessmen and women who generate national wealth and employment in the subregion. A monetary policy that constitutes today the main obstacle for the attraction of foreign direct investment into the region and blocks any attempt or maneuver of economic recovery.

A monetary and financial system conceived and created more than four decades ago and that has not been adapting itself to the economic realities of a globalized, dynamic and increasingly interconnected and interdependent world, cannot respond or face the complexities that derive from the interaction between economic actors of the subregion with the outside world.

The time has come for the BEAC to remove its suffocating boot from the neck of the small entrepreneur and businessman from the CEMAC area.

The time has come for CEMAC economies to take advantage of incentives offered by the African Continental Free Trade Agreement for their development and diversification.

And, above all, the time has come for Mr. Abbas Mahamat Tolli to step aside from his position as Governor of the BEAC and allow people with the macroeconomic vision that the current times require and that the CEMAC zone deserves.

CEMAC businessmen and women are simply crying out: “We want to breath.”

Distributed by APO Group on behalf of African Energy Chamber.

Business

Solar, storage and the new realities shaping commercial & industrial energy decisions

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Solar

These themes are explored in Solar & Storage Industry Insights Volume, published by ESI Africa, part of VUKA Group, bringing together analysis, industry perspectives and practical insights for businesses operating within the evolving energy transition

CAPE TOWN, South Africa, October 1, 2026/APO Group/ –The conversation around commercial and industrial energy has moved well beyond whether businesses should invest in renewable power.

Across Africa, energy users are increasingly weighing questions around cost, security of supply, carbon compliance, financing, energy efficiency and the commercial value of storage. At the same time, project developers and investors are under pressure to demonstrate stronger business cases, credible energy claims and clearer pathways from ambition to implementation.

 




 
 

These themes are explored in Solar & Storage Industry Insights Volume, published by ESI Africa (https://apo-opa.co/4rKRXZA), part of VUKA Group, bringing together analysis, industry perspectives and practical insights for businesses operating within the evolving energy transition.

Explore the Solar & Storage Industry Insights Volume (https://apo-opa.co/4jxxDbQ)

From renewable ambition to better energy decisions

For commercial and industrial energy users, the challenge is multidimensional. Solar remains an important part of the solution, but organisations must also understand how projects are financed, how energy efficiency can reduce demand before new generation is built, where storage creates measurable commercial value and how sustainability commitments translate into credible reporting and compliance.

Webinar series

ESI Africa is extending these conversations through a series of webinars focused on some of the practical issues facing C&I customers and project teams.

Carbon compliance and credible energy claims: What C&I customers must get right examines the importance of credible carbon and renewable energy claims for organisations facing increased scrutiny of their decarbonisation strategies. Watch the webinar on demand (https://apo-opa.co/4xSZ0AE)

Solar funding for dummies: Approaches and speedy options, looks at the financing routes available to organisations considering solar projects, and the decisions that can influence how quickly projects move forward. Watch the webinar on-demand (https://apo-opa.co/4xZyohA)

Case studies in C&I energy efficiency: This discussion shifts the focus to reducing consumption, examining practical examples of how businesses can improve efficiency, and manage energy costs and strengthen operational performance. Watch the webinar on-demand (https://apo-opa.co/4rGs4K5)

Moving projects from discussion to delivery

The same questions are shaping face-to-face industry discussions. At the C&I Energy + Storage Summit Johannesburg (https://apo-opa.co/4rIytEM), taking place on 28 and 29 October 2026 at The Maslow Hotel in Sandton, energy users, project developers, financiers and solution providers will examine the strategies businesses are using to improve power security and manage rising energy costs.

The programme moves from energy efficiency and demand management through to onsite generation, diversified energy sourcing and energy storage. It also examines the commercial value of storage beyond backup power, including peak shaving, demand charge management, resilience, renewable firming and hybrid solar-plus-BESS models.

Explore the C&I Energy + Storage Summit Johannesburg (https://apo-opa.co/4rIytEM)

The conversation extends to Zimbabwe on 17 November 2026, where the C&I Energy + Storage Summit Zimbabwe will be co-located with Zimbabwe Mining Week at Rainbow Towers in Harare.

With reliable energy capacity central to mining development and industrial growth, the one-day summit will connect mining companies, energy users, project developers, investors and solution providers around renewable energy, storage, project finance, operational cost containment and secure power supply.

Request more information about C&I Energy + Storage Summit Zimbabwe (https://apo-opa.co/4xZ64vE)

Bringing capital and projects into the same conversation

Technology alone will not determine the pace of Africa’s energy transition. Projects must also attract capital, demonstrate bankability and connect with the organisations able to help deliver them.

The Project & Investment Network, in partnership with the African Infrastructure Elites annual magazine, creates a platform for project owners, investors, financiers and solution providers to connect around power, energy and infrastructure opportunities, with a focus on moving viable projects closer to investment and implementation.

Explore the Project & Investment Network (https://apo-opa.co/4rFWCvD)

Recognising the projects already changing African infrastructure

While new projects move through development and financing pipelines, ESI Africa is also looking for the projects and people already demonstrating what successful infrastructure delivery can look like.

The African Infrastructure Elites: Projects and People magazine recognises leadership and project excellence across Africa’s infrastructure sectors, documenting the initiatives, partnerships and individuals helping turn complex energy, water and transport challenges into tangible outcomes.

Nominations provide organisations and industry professionals with an opportunity to put forward deserving projects and leaders for recognition and to contribute to a wider record of African infrastructure achievements.

Explore the African Infrastructure Elites and submit a nomination (https://apo-opa.co/3Tu9Sac)

What comes next for energy storage?

Storage is rapidly becoming a bigger part of the commercial energy conversation as businesses assess where batteries can provide resilience, tariff optimisation, renewable integration and new commercial value.

ESI Africa’s forthcoming Energy & Storage Industry Insights Volume 2026 will take a deeper look at the technologies, projects, investment considerations and market developments shaping the next phase of the sector.

Join the Energy & Storage Industry Insights Volume 2026 waiting list (https://apo-opa.co/3U1smyT)

Distributed by APO Group on behalf of VUKA Group.

 

 




 

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Energy

Awow Daniel Chuang Appointed South Sudan Caretaker Petroleum Minister as South Sudan Oil & Power (SSOP) Returns in November

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Etu Energias

South Sudan Oil & Power 2026 welcomes the appointment of Awow Daniel Chuang as Caretaker National Minister of Petroleum ahead of the event’s seventh edition in Juba

JUBA, South Sudan, October 1, 2026/APO Group/ –Awow Daniel Chuang has been appointed Caretaker National Minister of Petroleum of South Sudan by President Salva Kiir Mayardit ahead of the country’s December elections, marking his return to lead the country’s hydrocarbons sector as the government seeks new investment in exploration, production and mature-asset redevelopment.

 




 
 

Minister Chuang brings extensive experience across South Sudan’s petroleum sector, having previously served as Minister of Petroleum as well as Director General, Undersecretary and Technical Advisor within the Ministry. His appointment comes as the country works to strengthen petroleum-sector management and attract international capital and technical expertise across its upstream industry.

Stepping into the role, Chuang has prioritized strengthening institutional cooperation, internal coordination and effective regulation within the Ministry of Petroleum. He has also emphasized addressing administrative and organizational challenges, improving accountability and strengthening coordination with the National Legislative Assembly as part of efforts to enhance oversight of South Sudan’s oil and gas sector.

The appointment comes ahead of the seventh edition of South Sudan Oil & Power (SSOP), taking place November 24–25, 2026 in Juba. Held in official partnership with the Ministry of Petroleum, SSOP 2026 will take place under the theme Resource Renaissance – Energy-Fueled Growth for a New Generation, bringing together government, industry, investors and technology providers to advance cooperation across the country’s energy sector.

SSOP 2026 will feature high-level panel discussions, networking opportunities, project showcases and technical workshops focused on emerging opportunities across South Sudan’s oil and gas value chain.

Upstream investment remans a key priority. South Sudan currently has14 blocks open to investors – A1, A2, A3, A4, A5, A6, B1, B4, C1, C2, D1, D2, E1 and E2 -, creating opportunities for international operators and investors to enter underexplored acreage.

Beyond exploration, the country is seeking investment in mature asset redevelopment and brownfield optimization as it works to increase recovery and production from existing fields. This creates opportunities for oilfield service companies and technology providers across drilling, enhanced oil recovery, field engineering and supporting infrastructure.

Against this backdrop, SSOP 2026 will provide a platform for the Ministry of Petroleum to engage international investors, operators, service companies and technology providers on the next phase of South Sudan’s petroleum-sector development.

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

 




 

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Democratic Republic of Congo’s (DRC) Center for Expertise, Evaluation and Certification of Mineral Substances (CEEC) Brings Mineral Certification and Traceability Focus to African Mining Week (AMW) 2026

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Etu Energias

The DRC certification authority will join AMW 2026 as it expands oversight of emerging mineral supply chains and analytical capacity

CAPE TOWN, South Africa, October 1, 2026/APO Group/ –A delegation from the Democratic Republic of Congo’s (DRC) state-owned certification authority, the Center for Expertise, Evaluation and Certification of Mineral Substances (CEEC), will participate at the African Mining Week (AMW) 2026 Conference, scheduled for October 14-16 in Cape Town.

 




  

Led by Director General Freddy Mwamba Kanyinku, the delegation will participate in discussions and networking engagements as the DRC seeks to strengthen mineral certification, traceability and value addition across its mining sector.

AMW 2026 coincides with the DRC’s drive to unlock an estimated $24 trillion in mineral wealth, with CEEC strengthening the certification and traceability systems needed to support investment and local value addition.

A key milestone for CEEC in 2026 was the certification of the DRC’s first lithium exports. In July, the agency certified the first lithium lots destined for international markets from Manono Lithium, expanding its role as lithium emerges alongside established Congolese mineral supply chains including copper, cobalt, gold, diamonds and 3T minerals.

The milestone comes as lithium emerges as a new component of the DRC’s critical-minerals strategy and demonstrates the importance of robust certification systems as the country diversifies its mineral production base and brings new projects online.

CEEC is also decentralizing its analytical and certification infrastructure across key provinces to improve operational oversight. Recent developments include the launch of a dedicated traceability office at Kamoto Copper Company in Lualaba Province, aimed at tracking copper and cobalt flows.

The agency is also developing its Lubumbashi National Laboratory to facilitate localized mineral analysis. The facility is scheduled for completion before the end of 2026 and is being developed to support mineral analysis and certification, with the complex targeting ISO/IEC 17025 accreditation.

CEEC is also expanding its international engagement as mineral diplomacy becomes increasingly important to the development of critical-mineral supply chains. In 2026, the institution acquired a representative building in Durban, South Africa, creating a platform for greater engagement with regional and international mining stakeholders and supporting the promotion of Congolese mineral products, traceability and responsible sourcing.

Against this backdrop, AMW 2026 provides an ideal platform for CEEC executives to engage with international investors, mining companies, governments, financial institutions and technology providers exploring opportunities across the DRC’s mining sector.

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

 




 

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