Connect with us
Anglostratits

Business

Venezuela’s Deputy Minister Arturo Gil Visits Cape Town to Advance Energy Ties

Published

on

African Energy Chamber

The visit builds on an MoU signed between Venezuelan petroleum authorities and the African Energy Chamber in February 2026, representing the next step in this collaborative initiative

CAPE TOWN, South Africa, March 6, 2026/APO Group/ –Following the historic visit by the African Energy Chamber (AEC) (https://EnergyChamber.org) to Venezuela in February 2026, Venezuela responded by sending its Deputy Minister of Artificial Intelligence and Productive Efficiency on Hydrocarbons Arturo Gil to South Africa to advance energy ties.

 

A high-level meeting was held in Cape Town, featuring Deputy Minister Gil and Carlos Feo Acevedo, the Venezuelan Ambassador to South Africa, alongside an AEC team led by Executive Chairman NJ Ayuk and a team from Energy Capital & Power, led by CEO James Chester. Discussions centered on strengthening investment flows, leveraging Venezuela’s expertise to support Africa’s energy resilience and identifying avenues for collaboration across the energy value chain.

The meeting follows a high-level visit by the AEC to Caracas in late February, which included meetings with Delcy Rodríguez, Interim President of Venezuela as well as the state-owned oil corporation Petróleos de Venezuela SA and the ministries of Hydrocarbon Geopolitics and Gas. The outcome of these meetings was a signed MoU, aimed at strengthening investment and collaboration across the oil, gas and broader energy sectors. The Cape Town discussion represents the next step in this collaboration, underscoring Venezuela’s commitment to establishing resilient ties with African nations.

Workforce Development and Technical Cooperation

A key outcome of the meeting was a commitment to strengthening workforce development across Africa’s energy sector. Under the initiative, the AEC will engage between 10 and 15 African stakeholders to participate in specialized technical training programs at Venezuela’s University of Hydrocarbons, supporting skills development and knowledge transfer between the two regions.

The Venezuelan delegation emphasized the importance of building long-term technical partnerships, noting that structured training programs would allow African professionals to gain hands-on expertise while fostering deeper institutional cooperation between Africa and Venezuela.

“We believe it would be valuable to organize a working visit to South Africa and bring a Venezuelan delegation to explore cooperation and investment opportunities,” stated Deputy Minister Gil.

Leveraging Venezuelan Oil and Gas Expertise

The meeting also examined how Africa can benefit from Venezuela’s more than 100 years of oil and gas production experience. Ayuk highlighted geological similarities between Venezuela and key African producing countries such as Namibia and Angola, suggesting that knowledge exchange on basin geology and data interpretation could accelerate exploration and production across both regions.

We believe it would be valuable to organize a working visit to South Africa and bring a Venezuelan delegation to explore cooperation and investment opportunities

“We need to strengthen collaboration between Africa and Venezuela. I hope to see more African stakeholders leveraging your cooperation, particularly in the area of data sharing and trade,” stated Ayuk.

He also underscored Venezuela’s unique role as a member of the African Petroleum Producers’ Organization, emphasizing the importance of increased participation in continental initiatives such as the African Energy Bank to address both the continent and the south American nation’s investment challenges.

Unlocking Investment and Market Opportunities

Investment opportunities within Venezuela’s hydrocarbon sector was also a central focus of the meeting. The Venezuelan delegation highlighted the country’s extensive geological database, built over more than a century of exploration and production activity, which provides investors with detailed insights into untapped resources and development opportunities.

With 1,000 wells planned for development and over 20,000 wells already drilled – including many yet to be optimized – the country presents substantial and highly lucrative investment opportunities across its upstream sector.

Gas Development and Energy Access

Venezuela’s vast natural gas resources were also discussed as a potential solution to Africa’s growing energy access challenges. With approximately 600 million people in Africa lacking access to electricity and nearly one billion living without access to clean cooking solutions, Ayuk highlighted the potential role of Venezuela’s flared gas in strengthening the continent’s energy supply while also supporting economic growth for the South American nation.

“Venezuela has significant onshore gas resources that can be further developed, but unlocking this potential will require greater investment to support both national development and the needs of our people,” stated Deputy Minister Gil. “LPG is not only an energy resource but also a social solution with strong economic and societal value. There is substantial potential for expansion in both our onshore and offshore gas sectors.”

Role of African Independents in Upstream Expansion

During the meeting, the parties emphasized the growing influence of African independent oil companies, noting their success in expanding production across the continent after decades of experience working alongside international majors. Drawing parallels with markets such as Nigeria, he suggested that independent operators could also play a role in supporting Venezuela’s efforts to increase oil output through brownfield redevelopment and mature asset optimization.

“Outside the U.S., Africa – especially Nigeria – has one of the largest populations of independent oil producers, with many operators producing from as little as 1,000 barrels per day,” stated Ayuk.

As both regions seek to expand production and address energy access challenges, deeper collaboration between African and Venezuelan stakeholders could unlock new opportunities across the global energy landscape.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Naledi Mining Services Chief Executive Officer (CEO) Joins African Mining Week (AMW) 2026 Amid Technical, Operational Expansion

Published

on

Etu Energias

Bokang D. Thitoyamore is expected to highlight the company’s role in developing Botswana’s local mining talent amid a national drive to strengthen diversification

CAPE TOWN, South Africa, September 14, 2026/APO Group/ –Bokang D. Thitoyamore, CEO of Naledi Mining Services Company, has been confirmed as a speaker at the upcoming African Mining Week (AMW) 2026 conference, taking place from October 14-16 in Cape Town.

Thitoyamore will feature in the Strengthening Local Content in Africa’s Mining Supply Chain panel, exploring how mining companies can build strong partnerships with local businesses and integrate local content into operations. For Naledi Mining Services, AMW 2026 provides an ideal platform to highlight the company’s efforts to advance Botswana’s national agenda of expanding local participation, enhancing technical capacity and diversifying the economy beyond diamonds.

 




  

His participation comes as Botswana advances policy that aims to accelerate mining development and local content integration. Incoming Mines and Minerals Regulations are at the forefront of this effort, mandating robust local participation and in-country beneficiation. With exploration expanding across approximately 70% of the country’s unexplored territory, new mine developments will demand extensive engineering capacity, mine development expertise, equipment management and project delivery capabilities.

To meet this demand, Naledi Mining Services is scaling its training initiatives through the Naledi Mining Talent Bank, designed to equip Botswana’s next-generation of mining workers and entrepreneurs. The company is also positioning itself to export skilled labor regionally. In July 2026, Naledi signed a Memorandum of Understanding with Botswana’s Ministry of Labor and Home Affairs, facilitating skills transfer across the mining sector.

Beyond capacity building, Naledi is expanding its service capabilities as an EPC provider for large-scale mining operations across Southern Africa. A wholly owned subsidiary of Debswana Diamond Company, Naledi’s flagship asset is the Jwaneng Cut 9 Project – Botswana’s largest mining contract – spanning mine development, production, engineering, and equipment maintenance.

At AMW 2026, Thitoyamore is expected to share insights into how the company plans to expand both its operations and technical capabilities. Convening stakeholders from across the entire mining value chain, the event is held under the theme Mining the Future: Unearthing Africa’s Full Mineral Value.

Visit www.African-MiningWeek.com for more information.

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

 




 

Continue Reading

Energy

African Energy Week Remains a Forum for Investment, Dialogue and Continental Growth

Published

on

African Energy Chamber

With 600 million Africans lacking electricity and an annual energy funding gap reaching $95 billion, the African Energy Chamber urges leaders to keep African Energy Week 2026 focused intra-continental trade and cross-border movement

CAPE TOWN, South Africa, September 14, 2026/APO Group/ –With roughly 600 million Africans still lacking access to electricity and an annual sector financing gap reaching $95 billion, Africa cannot afford to let political friction disrupt its commercial energy agenda. Ahead of African Energy Week (AEW) 2026 in Cape Town, the African Energy Chamber (https://EnergyChamber.org/) is calling on continental leaders to safeguard cross-border investment, streamline visa-free travel while prioritizing economic sovereignty over diplomatic division.

 




  

AEW stands today as the largest and Africa’s most consequential platforms for investment, financing, and practical cooperation in energy. Taking place in Cape Town on October 12 to 16, 2026, the gathering is expected to bring together more than 10,000 delegates from over 100 countries. That scale alone makes clear this is not a narrow industry meeting; it is a continental convening with global reach.

We recognize the seriousness of the current diplomatic tensions between Nigeria and South Africa and we condemn any violence or mistreatment of African migrants. But this moment must not be allowed to shut the door on dialogue, investment and practical cooperation across the continent.

Energy is one of the few sectors capable of bringing Africans together around shared growth, jobs, industrial development and regional integration. It must not be treated as collateral damage in a broader political dispute. The commercial ties between Nigeria and South Africa are too important, and the broader network of African energy relationships is too valuable, to be weakened by the heat of the moment.

AEW is organized by the African Energy Chamber in partnership with Afreximbank and the African Petroleum Producers Organization, institutions that have worked with determination to advance African energy sovereignty and African-led solutions to African challenges. The African Energy Chamber is not merely hosting a conference; it is leading a movement for African ownership, African industry and African progress.

This movement is needed because the continent still faces a hard and unforgiving truth. According to the International Energy Agency, roughly 600 million Africans still lack access to electricity and about 900 million remain without access to clean cooking. This is not a statistic to be filed away and forgotten. It is a development emergency that affects children studying by candlelight, mothers cooking over dangerous fuels, hospitals struggling with power reliability and businesses forced to operate beneath the weight of inadequate infrastructure.

Africa also continues to face a major energy financing gap, with recent reporting placing the annual shortfall at between $67.5 billion and $95 billion. If Africa is to power its people, industrialize its economies and secure its future, then Africans must fight to fix it with capital, with policy discipline, and with the courage to back the projects that will deliver real value on African soil.

There is value in staying the course, even when the road is rough

The question before the continent is plain enough: will we embrace innovation, growth, and prosperity, or will we slide backward into a posture that denies facts and delays demand? Africa does not need less energy. Africa needs more energy, more generation, more infrastructure, more refining, more gas and more investment to meet the needs of its people and economies. That is why the call for more investment in exploration remains so urgent. DRILL BABY DRILL.

African Energy Week exists to meet that urgency. It brings governments, operators, financiers and service companies into one room to unlock capital and move projects from paper to production. Previously, AEW has demonstrated that this platform is not about rhetoric; it is about results, partnerships and deal-making that move African energy forward.

The 2026 gathering reflects that growing confidence. Delegations and participation are expected from across Africa and beyond, including countries in every major region of the global energy market.  That breadth matters, because Africa’s energy future is not a local matter alone; it is a continental priority with global significance.

Africa must also do more to trade with itself. Intra-African trade remains far too low, representing only about 15 to 18 percent of the continent’s total trade in recent years, compared with far higher levels in Asia and Europe. The African Continental Free Trade Area offers a path toward stronger integration, and recent analysis suggests it could significantly expand trade if African states remove the barriers that still stand in the way. But trade cannot flourish in a continent where movement remains too difficult and markets remain too fragmented.

That is why African leaders must move with urgency to fix visa-free travel. If Africa is serious about integration, then Africans must be able to do business in Africa, study in Africa, work in Africa and build in Africa without being trapped by unnecessary border friction. Free movement is not a luxury. It is infrastructure for prosperity.

This moment should also be used to expand opportunity for young Africans, especially in energy, engineering, and STEM. Africa’s future will be written by engineers, geoscientists, technicians, coders, project managers, data analysts, and entrepreneurs who can turn natural resources into schools, roads, factories, industrial parks, and jobs. If the continent is serious about prosperity, then it must give African entrepreneurs the tools they need to succeed access to capital, fairer taxation, streamlined regulation, and an environment that rewards initiative rather than suffocates it.

Cape Town remains a safe and welcoming host city for AEW, and the conference should be embraced as a practical meeting ground for the continent’s energy leaders. The goal is simple: keep business moving, keep investment flowing and keep Africa focused on its own development agenda.

“Sometimes leadership requires us not to run from discomfort, but to walk through it with our heads held high and our purpose intact. There is value in staying the course, even when the road is rough. We must move through this pain honestly, soberly, and together, then regroup with clearer minds and steadier hands. What we must avoid now are rushed choices, emotional overcorrections, and decisions we may regret long after tempers have cooled,” says NJ Ayuk, Executive Chairman of the African Energy Chamber

This is a call for unity, discipline and restraint. It is also a reminder that African leadership must be measured not by how quickly it retreats from difficulty, but by how faithfully it walks through it. The African Energy Chamber welcomes this new opportunity to continue pushing to unify the continent through trade, investment, energy cooperation, and shared purpose.

Africa does not build prosperity by closing doors. It builds prosperity by keeping them open to capital, commerce, and collaboration. Energy is business. Energy is development. Energy is sovereignty. And it should never be allowed to become the casualty of political division.

Distributed by APO Group on behalf of African Energy Chamber.

 




 

Continue Reading

Business

World’s largest Electric vehicle (EV) manufacturer Yadea partners with leading energy and mobility player Spiro to accelerate electric mobility across Africa

Published

on

Electric vehicle

The partnership comes as Spiro accelerates its next phase of growth and expansion across Africa following its latest $270 million funding round, which included investment from NewTrails Capital, a Chinese fund

DUBAI, United Arab Emirates, September 14, 2026/APO Group/ —

  • This strategic partnership will combine Yadea’s global leadership in electric vehicle manufacturing, technology and product development with Spiro’s electric mobility ecosystem, battery-swapping infrastructure and market presence.
  •  The companies commit to scaling a commercially sustainable and technologically integrated electric mobility ecosystem that will serve millions of riders, businesses and fleet operators across Africa, through three main areas of collaboration.

Spiro (www.Spironet.com), Africa’s leading electric mobility company, has signed a partnership with Yadea, the world’s leading manufacturer of electric two-wheelers, to scale accessible and sustainable electric transport across Africa.

 




 
 

Our strategic partnership with Yadea is a major endorsement of our execution to date

The strategic partnership combines Yadea’s global manufacturing and R&D capabilities with Spiro’s operational network and battery-swapping ecosystem across seven countries. Together, the companies aim to build a scalable, commercially sustainable EV framework serving millions of commercial fleet operators, delivery services, logistics providers, and daily commuters in Africa’s fastest-growing mobility markets.

Under the agreement, Yadea will supply electric two-wheelers and related EV products tailored to Spiro’s expanding regional markets, while Spiro will integrate the vehicles into its proprietary battery-swapping and energy infrastructure. The companies will also co-develop customized two-wheeler platforms engineered specifically for local road conditions and commercial utility across Africa.

This partnership deepens the China-Africa connection, pairing Yadea’s manufacturing scale with Spiro’s battery-swapping network and unique knowledge of African market dynamics to accelerate the continent’s transition to affordable electric transport.

“When we launched Spiro, our mission was to lay the energy and mobility foundation for Africa’s green transition. Our strategic partnership with Yadea is a major endorsement of our execution to date and opens fantastic opportunities to jointly pioneer the next era of electric mobility in emerging markets”, stated Gagan Gupta, Founder of Spiro and Chairman of Equitane.

Anant Badjatya, CEO of Spiro, said: “Africa’s shift to electric mobility is accelerating and this partnership helps us meet that demand at scale. By bringing together Yadea’s manufacturing strength with Spiro’s electric mobility ecosystem and operating experience across Africa, we are compressing the timeline to clean transport — helping thousands more riders switch to affordable EVs faster and multiplying our climate impact across the continent.”

Wang Jiazhong, Senior Vice President of Yadea Technology Group, stated: “Africa represents a massive frontier for zero-emission transport. Our mission to reduce carbon emissions has reached a powerful milestone through this partnership with Spiro. Together, we are combining global innovation with local infrastructure to deliver scalable and sustainable mobility solutions that serve millions of riders and transform Africa’s urban transit.”

Founded in China, Yadea is the world’s leading manufacturer of electric two-wheelers, with more than 100 million vehicles sold worldwide in over 100 countries and 10 exclusive production facilities globally. A strong innovator with more than 2,000 patents registered in electric vehicle technology, Yadea covers a comprehensive range of urban micro-mobility solutions.

The partnership comes as Spiro accelerates its next phase of growth and expansion across Africa following its latest $270 million funding round, which included investment from NewTrails Capital, a Chinese fund. The company is building an integrated electric mobility ecosystem combining electric motorcycles with an extensive battery-swapping network, enabling riders to exchange depleted batteries for fully charged ones in minutes.

Distributed by APO Group on behalf of Spiro.

 

 




 

Continue Reading

Trending