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Wood Mackenzie Signs on as Sponsor, Knowledge Partner at African Energy Week (AEW) 2024 – Forecasting Major Gas Capital Expenditure (CAPEX) Spending in Africa

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Global data and analytics provider Wood Mackenzie will participate as a Silver Sponsor and Knowledge Partner at African Energy Week: Invest in African Energy this November

CAPE TOWN, South Africa, July 22, 2024/APO Group/ — 

Over half of future oil and gas capital expenditure in Africa will be directed toward fast-tracking the development of undeveloped gas resources in the short-to medium-term, according to energy market data and analytics solutions provider Wood Mackenzie. As Africa seeks fresh investments to harness the full scope of its energy resources, Wood Mackenzie returns to the African Energy Week (AEW): Invest in African Energy conference – Africa’s premier event for the energy sector – as a Silver Sponsor and Knowledge Partner.

In line with its commitment to driving African energy sector growth, Wood Mackenzie publishes a series of African outlook reports, providing real-time data and highlighting the latest trends and investment opportunities shaping the African commodities and energy industry. In its Energy Transition Outlook: Africa report released February 2024, the firm showcases a base case scenario whereby Africa’s primary energy demand will increase by 1.2 times from current levels driven by GDP and population growth.

AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and governments, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.

Realizing the role of Africa’s natural gas resources in advancing energy security and clean cooking access, African countries are ramping up activities across the gas value chain. Last March, Australian independent Invictus Energy announced a gas and condensate discovery at the Mukuyu-2 well in Zimbabwe, while Italian multinational Eni found the giant light oil, gas and condensates Calao field in Block C1-205 offshore Ivory Coast. One month later, Libya’s National Oil Company made a gas find at the Al-Lahib Field, while Shell made its fifth successive discovery in Namibia’s offshore Orange Basin. With exploration accelerating across frontier and mature basins, in-depth market analysis from Wood Mackenzie will be crucial in providing global investors with real-time insights on the state of play of Africa’s upstream industry.

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Wood Mackenzie’s insights into African commodity markets have given the continent a competitive edge when it comes to attracting global investments

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Meanwhile, African countries are expanding their respective oil and gas sector policies to attract new investments and create more favorable conditions for global industry players. The Republic of Congo announced plans last May to finalize a new Gas Master Plan aimed at maximizing gas-focused investments, while South Africa’s Ministry of Mineral Resources and Petroleum published a draft Gas Master Plan last April, seeking to bolster investment, infrastructure development and the supply of gas for domestic use. At last year’s edition of AEW, Wood Mackenzie highlighted investment opportunities within Nigeria’s oil and gas industry, emphasizing the role of the Petroleum Industry Act and Decade of Gas initiative in positioning Nigeria as a leading gas investment destination. As a Knowledge Partner to AEW: Invest in African Energy 2024, Wood Mackenzie will build on these insights, providing latest updates and enabling global stakeholders to navigate changes to Africa’s regulatory frameworks.

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Within Africa’s renewable energy sector, Wood Mackenzie acts as the go-to source for market intelligence, helping investors tap into Africa’s clean energy potential and lending insights into current and planned solar, wind, green hydrogen, geothermal and hydropower projects. As Africa fast-tracks renewable energy penetration – with countries like South Africa, Namibia, Mauritania and Egypt pioneering green hydrogen production – Wood Mackenzie’s first-hand data will prove vital for connecting global investors with new project developments.

“Wood Mackenzie’s insights into African commodity markets have given the continent a competitive edge when it comes to attracting global investments. As African countries focus on harnessing both hydrocarbon and renewable resources for energy security and industrial growth, Wood Mackenzie’s consulting, research and supply chain intelligence will be crucial in facilitating beneficial outcomes for African energy developers and global investors,” said NJ Ayuk, Executive Chairman of the African Energy Chamber.

Distributed by APO Group on behalf of African Energy Chamber.

Energy

Seychelles Targets Energy Investment Push as Minister Jérémie Joins African Energy Week (AEW) 2026 as a Speaker

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African Energy Chamber

Seychelles energy minister will speak at AEW 2026, positioning her to highlight reforms, renewable projects and investment opportunities as the island nation advances its transition toward a diversified energy system

CAPE TOWN, South Africa, April 29, 2026/APO Group/ –Marie-May Jérémie, Minister of Environment, Climate, Energy and Natural Resources for Seychelles will participate as a speaker at this year’s African Energy Week (AEW) 2026, taking place from October 12–16 in Cape Town. Her participation underscores the country’s growing role in shaping Africa’s small-island energy transition agenda.

Minister Jérémie’s presence at AEW 2026 comes at a critical time as Seychelles accelerates efforts to reduce its heavy reliance on imported fossil fuels. The event provides a platform to attract investment, strengthen policy alignment and showcase bankable projects, positioning the country as a viable destination for private-sector participation in island energy systems.

Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments

In May last year, international finance institution the World Bank approved the Renewable Energy Acceleration Program, a seven-year initiative aimed at modernizing the grid and increasing renewable energy penetration to 15% by 2030. The program focuses on unlocking private capital while strengthening transmission infrastructure to accommodate variable renewable energy sources.

Project development is gaining traction in the country, particularly in innovative technologies suited to Seychelles’ land constraints. The 5.8 MW Seysun Lagoon floating solar PV project, developed by independent renewable power producer Qair, is under construction and expected online in 2026.

Alongside renewables, Seychelles continues to pursue upstream opportunities to diversify its economy. The government approved new exploration entrants in 2025 and extended exiting petroleum agreements, while securing an infrastructure partnership with China. Multilateral estimates suggest over $800 million in investment will be required over the next 25 years.

Regulatory reform is central to this transition, with Seychelles introducing an independent power producer framework to open the market to private developers. Standardized power purchase agreements, grid access reforms and strengthened public-private partnership structures are being implemented to improve transparency, reduce risk and accelerate project bankability across solar, storage and emerging wind opportunities.

“Minister Jérémie’s participation highlights the strategic importance of island nations in Africa’s broader energy transition,” says NJ Ayuk, Executive Chairman, African Energy Chamber. “Seychelles is demonstrating how policy reform and innovation can unlock investment in constrained environments. Her insights will be critical to advancing dialogue on resilient, low-carbon energy systems across the continent.”

Distributed by APO Group on behalf of African Energy Chamber.

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Canada–Africa Financing Forum to Convene Investors and Decision-Makers in Cape Town – May 14, 2026

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Ateau Zola

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships

TORONTO, Canada, April 29, 2026/APO Group/ –The Canada–Africa Chamber of Business (https://CanadaAfrica.ca) will convene investors, financiers, policymakers, and industry leaders in Cape Town on May 14, 2026 for the Canada–Africa Financing Forum—a high-level platform focused on unlocking capital and accelerating deal flow across African markets.

Registration is open (http://apo-opa.co/4vZN6oV)

This timely Forum comes on the heels of commitments announced by Canadian Prime Minister Mark Carney, deepening Canada–Africa commercial ties and expanding investment partnerships. The program connects leaders from venture capital, private equity, and institutional investors to examine where capital is moving—and where the next opportunities lie—supported by Canadian project partners with proven capacity to deliver on-the-ground.

Delegates will engage directly with finance and investment decision-makers, following the program opening, featuring messages from President Cyril Ramaphosa and Prime Minister Mark Carney, in addition to high-level Ministerial representation.

This Forum is about capital deployment, not just conversation

“This Forum is about capital deployment, not just conversation,” said Garreth Bloor, President of the Canada–Africa Chamber of Business. “We are convening investors, institutions, and project leaders who are actively shaping transactions across Africa—and connecting them directly with Canadian partners who are ready to work together.”

The Canada–Africa Financing Forum reflects the Chamber’s role as a privately financed, market-led platform advancing Canada-Africa trade and investment through world-class networking and information-sharing events.

Why Attend

  • Direct access to active dealmakers and capital allocators
  • Insights into where capital is being deployed and key players delivering major projects
  • Opportunities to build partnerships across Canada and African markets
  • Participation in a curated, high-level environment focused on execution

Secure Your Place

Space is limited and demand is strong.

Apply to secure your place (http://apo-opa.co/4vXb9oz)

Read More and View the Program (http://apo-opa.co/4vZN6oV)

Distributed by APO Group on behalf of The Canada-Africa Chamber of Business.

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Business

ORUN and 1xBET Partner to Support a Dynamic Creative Africa

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MIR Holding

During the MASA 2026 edition, held from April 11 to 18, 2026, ORUN and 1xBET implemented the We Champion Talent program, an initiative aimed at promoting African talent and advancing the development of Cultural and Creative Industries (CCIs)

ABIDJAN, Ivory Coast, April 28, 2026/APO Group/ –As part of the Innovation Village co-organized with MASA at the Palais de la Culture in Abidjan from April 14 to 18, ORUN (https://ORUN.Africa) announces the rollout of its partnership with 1xBET to support a creative Africa that is structuring itself, professionalizing, and scaling across the continent.

We aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency

Designed as a space of convergence between heritage, innovation, and knowledge transmission, the Innovation Village features scenography crafted by Ivorian artisans, a program of panels and masterclasses on creative industries, an immersive experience produced by Orun Studios, and a major institutional highlight on April 17. Its narrative platform is built around three pillars: memory, structure, and transmission. The initiative aims to position cultural and creative industries as an economic driver for the continent.

“The Innovation Village was conceived as an act of construction. By partnering with organizations such as 1xBET, we aim to demonstrate that it is possible to support African talent, narratives, and creative ecosystems over the long term, with ambition and consistency,” said Habyba Thiero, CEO of Africa Currency Network and President of ORUN.

This vision aligns with ORUN’s broader ambition to produce, structure, and internationalize African creative industries through events, content, and strategic partnerships.

Distributed by APO Group on behalf of ORUN, part of African Currency Network (ACN).

 

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