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The United States (US) Senator Ted Cruz to Discuss Strategic U.S.-Africa Energy Engagement at African Energy Week

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African Energy Week

The Texas Senator’s participation at African Energy Week 2025: Invest in African Energies signals U.S. focus on energy diplomacy and investment across Africa’s oil and gas frontiers

CAPE TOWN, South Africa, August 7, 2025/APO Group/ –African Energy Week (AEW): Invest in African Energies, the continent’s premier energy event, is set to welcome U.S. Senator Ted Cruz as a featured speaker at its 2025 edition. Senator Cruz, a senior member of the U.S. Senate Commerce and Foreign Relations Committees and one of Washington’s most prominent energy voices, will address delegates in Cape Town, highlighting the strategic value of deeper U.S. commercial and diplomatic engagement in African energy markets.

At a time when global powers are racing to secure energy and critical mineral supply chains, Senator Cruz’s participation underscores a broader push by the U.S. to reinforce ties with African energy producers, particularly as the continent emerges as a pivotal source of hydrocarbons, LNG and transition minerals. From Nigeria to Namibia, American companies are ramping up activity, yet competition from China, Russia and others has intensified, prompting renewed attention from U.S. lawmakers and policy leaders.

On the exploration and production front, U.S.-based companies to the likes of ExxonMobil, Chevron, ConocoPhillips and Vaalco Energy are driving transformational projects in Africa. ExxonMobil is maximizing output at producing fields across the continent, through projects such as the Erha and Owowo fields in Nigeria and the Kizomba deepwater development in Angola’s Block 15. On the gas front, ExxonMobil is leading projects such as the Rovuma LNG development in Mozambique, targeting 18 million tons per annum. The company plans to reach a final investment decision in 2026. Meanwhile Chevron is driving exploration in West and Southern Africa through projects in Nigeria’s Niger Delta, Equatorial Guinea’s offshore Blocks EG-06 and EG-11 and Namibia’s Walvis Basin. The company has also expanded gas production capacity in Angola through the Sanha Lean Gas Connection Project and the upcoming New Gas Consortium project.

Houston-based ConocoPhillips strives to reach between 600,000 barrels per day (bpd) and 700,000 bpd at the Waha concession in the Sirte Basin. The company is prioritizing collaborations, work-over programs and pipeline integrity at the concession, which currently produces 375,000 bpd. Another Houston-based player, Vaalco Energy, is modernizing FPSO infrastructure in Africa to support production growth. The company is active in Ivory Coast and Gabon, where it plans a drilling campaign in 2026 and 2025 respectively. In Egypt, Vaalco Energy brought five wells online in 2025, while in Equatorial Guinea, is targeting first oil at Block P in 2026.

We at the AEC strongly believe that markets – rather than pseudo-intellectuals – should drive the future and foster innovative growth and development

U.S.-based service providers are also strengthening their presence across the African market. Baker Hughes’s African footprint includes markets such as Nigeria and Namibia, where it offers world-class oilfield services and skills development programs. NOV is involved in strategic initiatives across the African energy value chain, from offshore exploration and production to processing and logistics. Focusing on digitalization and efficiency, Halliburton supports a variety of African energy projects. The company brings advanced technology solutions to enhance production efficiency and optimize resource extraction.

Stepping into this picture, Senator Cruz’s participation at AEW: Invest in African Energies is expected to further strengthened U.S.-Africa energy ties. Known for his strong advocacy of energy independence and market-driven growth, Senator Cruz’s message at the event is expected to center on expanding private-sector investment, supporting American energy companies operating in Africa, and bolstering energy infrastructure that aligns with both African development goals and U.S. strategic interests. His appearance follows recent signals from Washington – including a bipartisan call for deeper energy cooperation with Africa – as the U.S. seeks to reclaim ground in a region critical to global energy security.

“Being a Senator from Texas, Senator Cruz not only understands what oil and gas means to the economy of Texas but also for the transformation of Africa. Senator Cruz speaking to energy industry and African leaders sends a loud message: the U.S. is not sitting out the future of African energy. He understands the stakes – from gas deals in to infrastructure buildouts– and his presence proves America is serious about competing, investing and showing up where it matters,” states NJ Ayuk, Executive Chairman of the African Energy Chamber, adding that Senator Cruz recognizes that the key to African countries’ economic prosperity lies in embracing free markets, minimizing government intervention, promoting individual responsibility and upholding the rule of law.

“We at the AEC strongly believe that markets – rather than pseudo-intellectuals – should drive the future and foster innovative growth and development,” he notes.

His participation comes as African nations are seeking to scale production, expand infrastructure and attract capital to meet growing domestic and global energy demands. The U.S., with its technological expertise and investment capital, is poised to play a pivotal role in supporting Africa’s ambitions, from deepwater exploration to gas-to-power projects and beyond. With major discoveries across oil, gas and hydrogen, and a wave of African governments prioritizing energy security and local beneficiation, the continent is ripe for strategic partnerships built on mutual interest and long-term impact.

As AEW: Invest in African Energies 2025 approaches, Senator Cruz’s participation is expected to galvanize support for deeper U.S. involvement in African energy markets and sends a clear signal to American companies: Africa is open for business, and the U.S. intends to compete. His presence is also likely to draw increased attention from private investors, service providers and project developers seeking access to emerging upstream and infrastructure opportunities across the continent.

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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February 6, 2026

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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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February 6, 2026

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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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February 6, 2026

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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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