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The Organization of Petroleum Exporting Countries Secretary General to Deliver High-Level Address at African Energy Week 2023

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Energy Renaissance

OPEC Secretary General H.E. Haitham Al Ghais will deliver a high-level address at the African Energy Week conference this October

JOHANNESBURG, South Africa, July 28, 2023/APO Group/ — 

With over 125.3 billion barrels of proven crude oil reserves, Africa represents a key player and contributor to the growth of the global economy. To ensure energy security and industrialization across both the African continent and the global market, African countries are maximizing the development, monetization and exportation of oil resources. In this regard, institutions such as the Organization of Petroleum Exporting Countries (OPEC) are vital, and continue to make great strides towards stabilizing global markets while spearheading energy security in Africa.

During this year’s premier event for Africa’s energy sector, African Energy Week (AEW) – taking place from 16 – 20 October in Cape Town – H.E. Haitham Al Ghais, Secretary General of OPEC, will deliver a high-level keynote address on the state of play of Africa’s oil industry and the role OPEC plays in supporting the stability of the market. During the 2022 edition, H.E. Al Ghais presented OPEC’s Global Energy Outlook, emphasizing the organization’s optimism on the role of African resources in shaping global energy security and addressing the continent’s energy shortage dilemma. At AEW 2023, the Secretary General will expand on last year’s message while showcasing OPEC’s commitment to helping Africa prioritize energy poverty eradication, environmental sustainability and industrialization.

As an intergovernmental organization, OPEC plays an instrumental role in facilitating fair and stable prices for producers, ensuring efficient and economic supply of petroleum while enabling a fair return on capital to those investing in the oil industry. The organization boasts the membership of some of Africa’s top hydrocarbon producing markets including the Republic of Congo, Angola, Equatorial Guinea, Gabon, Nigeria, Algeria and Libya, and works towards supporting the continent’s efforts to maximize its oil resources for the sustainable development of African economies.

OPEC is helping drive the continent’s local content development and energy sustainability agenda

OPEC coordinates and unifies petroleum policies of African countries with that of their global counterparts to ensure regimes are attractive to investors and competitive to international standards. OPEC’s production quotas enable African countries to sustainably produce and monetize oil reserves while market monitoring helps stabilize the market. During the 35th OPEC and non–OPEC Ministerial Meeting in June 2023 – which was chaired by OPEC President and Equatorial Guinea’s Minister of Mines and Hydrocarbons, H.E Antonio Oburu Ondo – OPEC set the production target for its members and non-OPEC participating countries for 2024 at 40.46 million barrels per day to balance supply and demand dynamics.

The organization has also positioned itself as one of Africa’s most reliable partners in navigating industry challenges and maximizing opportunities presented by the energy transition as well as global economic instabilities and geopolitical tensions. While a lack of investments represents one of Africa’s biggest energy market challenges, OPEC – through its venture arm, the OPEC Fund for International Development – ranks among Africa’s top investment partners for infrastructure rollout and economic diversification. Investments made in Africa by the OPEC Fund include a $20 million package for micro, small and medium businesses in Botswana; a $20 million support for the Niger Solar Plant Development and Electricity Access Improvement Project; and a wide range of financing aimed at boosting agriculture, fishing, technical sciences, food security and digitalization practices across Africa.

“OPEC plays an important role in stabilizing Africa’s oil market activities. By coordinating cooperation among African oil producers and their global peers, OPEC is helping drive the continent’s local content development and energy sustainability agenda. Africa’s energy resources play a crucial role in shaping the global energy transition and organizations such as OPEC are key partners in ensuring that this transition is just and inclusive for Africa,” stated NJ Ayuk, the Executive Chairman of the AEC.

Under the theme, ‘The African Energy Renaissance: Prioritizing Energy Poverty, People, the Planet, Industrialization and Free Markets’, AEW 2023 will see OPEC lead dialogue around best practices for Africa to address oil industry challenges and maximize the growth of its industry. AEW 2023 will host several emerging oil producers such as Namibia, the Democratic Republic of Congo and Uganda, all of which stand to significantly gain from joining organization’s such as OPEC. As such, the event will feature high-level engagement between OPEC members and non-members, with exciting deals on the table.

AEW is the AEC’s interactive exhibition and networking event uniting African energy stakeholders, driving industry growth and development, and promoting Africa as the destination for African-focused events. For more information about sponsorship, attendance and partnership opportunities, visit www.AECWeek.com.

Distributed by APO Group on behalf of African Energy Chamber.

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African Mining Week (AMW) to Showcase Angola’s Critical Mineral Prospects

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African Mining Week

Angola has identified 34 of the 54 critical minerals recognized by the European Union across its mineral-rich basins and is ramping up exploration, production and downstream projects to unlock its industry potential

CAPE TOWN, South Africa, March 10, 2025/APO Group/ –Angola has set a target to become a key exporter of value-added critical minerals in the next 10 to 15 years. As the country pursues this goal, the upcoming African Mining Week (AMW) – Africa’s premier mining event – will spotlight Angola’s growing potential as global critical minerals exporter.

Angola has identified 34 of the 54 critical minerals recognized by the European Union across its mineral-rich basins and is ramping up exploration, production and downstream projects to unlock its industry potential. The government is promoting investment across the critical mineral value chain as a strategy to advance economic diversification while unlocking greater revenue generation from the mining industry.

AMW serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energy 2025 conference from October 1 -3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting  sales@energycapitalpower.com.

Across the country, various mining developments are taking off. In January 2025, UK-based Pensana secured funding from South Africa’s Absa Bank to accelerate the development of the Longonjo Rare Earth Project. The $325 million project is expected to supply 5% of the world’s high-grade rare earth carbonate, generate $6 billion in export revenue and contribute $1 billion in tax revenue to regional treasuries, helping Angola diversify its revenue generation.

Meanwhile, Chinese mining firm Shining Star is set to commence production this year at the 40-million-ton Mavoio-Tetelo copper project in northern Angola. The project is expected to produce 300,000 tons of copper per annum, significantly boosting Angola’s mining revenue. Australian firm Tyranna Resources – in partnership with China’s Sinomine – is advancing multiple lithium projects in Angola, with ongoing drilling activities identifying additional reserves and expediting mine development. These projects include the Namibe and Muvero lithium mines. Canada’s Ivanhoe Mines has also initiated a series of copper exploration projects in Angola’s Moxico and Cuando Cubango provinces, contributing to efforts to diversify the nation’s mining sector and revenue streams.

To increase value addition across the manganese sector, Angola is developing a $250 million manganese-to-silica processing facility in partnership with Chinese firm ST New Materials. The project is expected to be operational in 2025. The country is also spearheading projects to produce steel from iron mined in the Kasinga region.

As Angola seeks to attract new investors across the critical mineral value chain, AMW 2025 will bring together Angolan stakeholders and global investors to discuss partnerships and industry growth opportunities. AMW will host panel discussions, project showcases and exclusive networking opportunities, connecting international investors with Angola’s rapidly expanding critical minerals market.

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

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Congo Energy & Investment Forum to Feature Deal Room, Hosted by Premier Invest

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The inaugural Congo Energy & Investment Forum – set for 24-26 March in Brazzaville – will feature a specialized Deal Room Session, offering opportunities within the Congolese energy sector

BRAZZAVILLE, Republic of the Congo, March 10, 2025/APO Group/ –Premier Invest – a global investment conglomerate – will host a deal room at the inaugural Congo Energy & Investment Forum (CEIF), taking place from 24-26 March in Brazzaville.

The Deal Room is a platform for project sponsors, developers and promoters to showcase six significant upstream oil and gas transactions in Africa to potential investors and lenders. Rene Awambeng, Founder and Managing Partner of Premier Invest, will initiate the agenda and each presentation will be followed by a networking session, allowing delegates to engage in one-on-one discussions and explore potential partnerships.

By showcasing key upstream oil and gas projects, the aim is to foster collaboration, share knowledge and highlight the immense potential for investment across Africa

With aims to highlight opportunities in the upstream oil and gas sector in Africa, the session will facilitate knowledge sharing and market insights within the continent’s energy industry while promoting collaboration and partnerships. Major players in the industry will provide case studies of potential projects in Africa as policymakers and government officials showcase regulatory frameworks that support increased investment.

Legal and financial advisors are set to present financing options and strategies for energy projects in Congo and across Africa, offering delegates high-quality insights into market trends, fiscal developments and investment risks. Furthermore, the session stands to showcase a strong slate of successful projects and best practices in upstream oil and gas transactions throughout the continent.

The Deal Room Session at CEIF 2025 is a pivotal opportunity to connect investors, developers and policymakers, driving meaningful discussions and partnerships within the African energy sector. By showcasing key upstream oil and gas projects, the aim is to foster collaboration, share knowledge and highlight the immense potential for investment across Africa. This session underscores a commitment to accelerating energy infrastructure development and creating lasting, impactful relationships in the industry,” states Sandra Jeque, Events and Project Director at Energy Capital & Power.

With an intensified focus on deal-making, CEIF 2025 seeks to connect capital to projects, drive collaboration and catalyze a new era of industry expansion in Africa. Furthermore, the session is set to capitalize on the upcoming launch of Congo’s 2025 oil and gas licensing round, the launch of the country’s Gas Master Plan and new Gas Code, as well as a strategy to double oil production to 500,000 barrels per day by 2027.

The inaugural Congo Energy & Investment Forum, set for March 24-26, 2025, in Brazzaville, under the patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo, will bring together international investors and stakeholders to explore national and regional energy and infrastructure opportunities. The event will explore the latest gas-to-power projects and provide updates on ongoing expansions across the country. 

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

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OPPO Awards Media OutReach Newswire “Partner of the Year 2024” for Excellence in Global Press Release Distribution Services

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OPPO

HONG KONG SAR – Media OutReach Newswire – 10 March 2025 – Media OutReach Newswire, Asia Pacific’s first global newswire, has been honoured with OPPO’s prestigious ‘Partner of the Year’ award for the second time, following its exemplary performance in OPPO’s rigorous annual vendor evaluation system. Media OutReach Newswire achieved an exceptional rating exceeding 90% in OPPO’s evaluation matrix—an A-tier classification that OPPO’s Global Procurement team characterises as ‘extremely difficult to achieve.’ This distinguished OPPO award further solidifies Media OutReach Newswire’s position as a trusted global press release distribution partner. In their formal commendation accompanying the award, OPPO acknowledged the partnership’s strategic value, stating: “You have demonstrated a deep understanding of client requirements and consistently delivered outstanding results.”

Since 2019, Media OutReach Newswire has been a trusted newswire partner of OPPO, the world’s leading smart device brand known for combining aesthetic excellence with innovative technology. Media OutReach Newswire has supported OPPO by distributing the company’s press releases across Asia Pacific, Southeast Asia, the USA & Canada, the Middle East, Africa, Europe & the UK, and Latin America.

“Being recognised as the ‘OPPO Partner of the Year’ for the second time is a proud moment for Media OutReach Newswire and a testament to the excellence of our distribution network and customer services,” said Jennifer Kok, Founder and CEO of Media OutReach Newswire. “This award reflects our deep understanding of clients’ needs and our commitment to delivering results that exceed expectations globally. It highlights our expertise in connecting OPPO’s press releases with journalists, securing guaranteed news postings on high-quality media outlets globally, and providing post-release reports with data insights and PR Campaign Intelligence. Our continuous investment in press release distribution network ensures OPPO’s PR and marketing teams achieve impactful results in their global communications campaigns. Media OutReach Newswire is the trusted partner for corporations and governments looking to elevate their global brand trust and recognition.”

Through its comprehensive database of more than 200,000 journalists and editors over 500 trade categories, Media OutReach Newswire ensured OPPO’s press releases reached both general news (newspapers) and targeted trade media such as telecommunications & mobile, general technology, business, finance, ESG, retail and lifestyle which are key to OPPO’s business communications. By delivering OPPO’s press release directly to the inbox of targeted journalists and editors, Media OutReach Newswire’s press release distribution service has generated write-ups from trade media such as Gadgets 360, GMSArena, Phone Arena, Hardware Zone, Tech Edition as well as from tier one media outlets like CNBC, Forbes and South China Morning Post.

Media OutReach Newswire offers a Total Communications Solution that addresses the full requirements of PR and IR professionals, which includes a comprehensive global network of editors and journalists, guaranteed online news postings on quality and real media, and multiformat ready to use post release report with data insights and pioneering PR Campaign Intelligence to facilitate C-Suite’s reporting.

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