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Two Months to Go Until MSGBC Oil, Gas & Power 2022

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Energy Capital & Power

As the MSGBC basin’s gas rush advances, MSGBC Oil, Gas & Power 2022 will showcase the advantages of a regional energy-rich future underpinned by natural gas and cross-border collaboration

CONAKRY, Guinea, July 4, 2022/APO Group/ — 

Two months from now, Energy Capital & Power (ECP) (https://EnergyCapitalPower.com/) will host west Africa’s leading energy forum, MSGBC Oil, Gas & Power 2022 (https://bit.ly/3NzSuI0) at the CICAD Venue in Dakar. Under the auspices of H.E. Macky Sall, Senegalese President and African Union Chairperson, the event will feature two days of strategic programming – forums, roundtables, seminars and workshops – atop an exhibition of over two-dozen floor stands from the region’s leading energy players.

MSGBC 2022 convenes under the theme “The Future of Natural Gas: Growth Using Strategic Investment and Policymaking,” and with good reason. Across the Basin, an estimated 50 trillion cubic feet (tcf) of natural gas reserves are held, and the basin’s nations are capitalizing on this natural wealth, each with licensing rounds active or planned. Senegal will soon release a new round following its recent 12; The Gambia has five offshore blocks and two onshore blocks set for release this year; five deepwater blocks are open in Guinea-Bissau’s latest special tender round; and Guinea-Conakry is finalizing bidding terms for a 22-block offshore round. Already active in the region are international oil majors including Australia’s FAR; Britain’s bp, Shell and Harbour Energy; France’s TotalEnergies; Norway’s PetroNor; Iraq’s Star Oil; China’s Addax; Malaysia’s Petronas; America’s ExxonMobil and Kosmos Energy; Algeria’s Sonatrach; and Ireland’s Tullow Oil along with Capricorn Energy – the latter two in the process of merging.

MSGBC 2022 grants west Africa the potential fiscal means to really fast-track its world-class megadevelopments, bringing about a robust post-pandemic recovery for each nation

Against a backdrop of large-scale developments across the entire MSGBC energy spectrum, MSGBC Oil, Gas & Power 2022 represents the official platform to connect with investors, network with stakeholders and sign deals that will further expand the regional sector. On the hydrocarbon front, with nine billion barrels of oil equivalent present across MSGBC nations, projects such as the 500 million-barrel deepwater Sangomar project make a strong case for oil exploration and investment. Similarly, with natural gas set to transform the regional energy and economic space, the conference will present updates, provide insights and showcase opportunities associated with projects such as the 15 tcf Greater Tortue Ahmeyim (GTA) development; the 20 tcf Yakaar-Teranga project; and the 13 tcf BirAllah project.

MSGBC liquefied natural gas (LNG) represents a central theme during the conference, with many ‘firsts’ associated with regional developments. 15 tcf of natural gas has been unlocked in the GTA field, Africa’s deepest offshore project, while in Mauritania, an agreement signed by the government last year will bring in LNG specialist firm, New Fortress Energy for the nation’s first major gas-to-power development. Fed by one tcf of natural gas reserves, tapped in the Banda field offshore Nouakchott, this project is made possible only by New Fortress Energy’s groundbreaking modular LNG technology, facilitating a scale-up of facilities, reducing upfront costs while maximizing efficiency.

In addition to oil and gas, upcoming renewable developments are positioning the region at the forefront of Africa’s energy transition. Projects such as Chariot’s $3.5 billion, 10GW green hydrogen Project Nour in Mauritania, Senegal’s 158.7MW Taiba N’Diaye wind farm and Guinea-Conakry’s 450MW Souapiti Hydropower Station showcase the potential of the region. As investor interest grows, MSGBC Oil, Gas & Power 2022 welcomes financiers not only from across Africa but also Europe, Asia, America, Australia and the Middle East. Last year, $2.5 billion worth of deal were signed at ECP’s events, with the MSGBC conference, in particular, set to usher in a wave of new deals on the back of large-scale developments taking off across the region. 

The event’s line-up features market-driven sessions including a Security Forum, spotlighting the impact of geopolitics on foreign direct investment (FDI) and showcasing ways in which this implication could be re-engineered for a competitive advantage; a Technological Innovation and the Future of the Energy Industry forum will highlight the region’s potential flagging LNG as vital; an national oil company (NOC) Forum, gathering regional NOCs to share experiences on current challenges and opportunities; a Finance and Energy Session, exploring financing onshore upstream development in west Africa; as well as other sessions including project updates, roundtables and live interviews.

In the words of ECP’s Conference Director, Sandra Jeque, “MSGBC Oil, Gas & Power is a platform like no other, presented in partnership with the region’s energy ministries, NOCs and international oil companies, with the potential to transform the future of west African energy through FDI at unprecedented scale, facilitating spring-boarded sustainable socioeconomic development for the region. With $2.5 billion worth of deals signed at ECP’s events last year alone, MSGBC 2022 grants west Africa the potential fiscal means to really fast-track its world-class megadevelopments, bringing about a robust post-pandemic recovery for each nation.” For further information, visit https://MSGBCOilGasandPower.com/.

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

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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Business

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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