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World’s tallest timber apartment tower to be built in Zanzibar

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Burj Zanzibar

28-storey Burj Zanzibar would be Africa’s first sustainable high-rise

ZANZIBAR, Tanzania, October 4, 2022/APO Group/ — 

The Indian Ocean island of Zanzibar is planning the highest green building in the world, a 28-storey apartment tower designed in hybrid timber technology. Named Burj Zanzibar – “burj” meaning tower in Arabic – the spectacular high-rise is designed to reach 96 metres in height. Dubbed “vertical green village”, it would represent an iconic landmark not only for the island but for the whole of Africa and a global environmental milestone, being the first timber structure worldwide of such proportions. The design of the mixed-use apartment and commercial building, in a playful beehive style with breathtaking ocean views, was unveiled to the public in Muscat, Oman on 1 October. Dutch-born architect Leander Moons, responsible for the concept, said: “Burj Zanzibar is not just an outstanding building but a new ecosystem for the future of living”.

The residential tower with 266 residences is to be located in Fumba Town, East Africa’s pioneering eco-town developed by German-led engineering firm CPS. Categorised as a strategic investment and fully supported by the Zanzibar government, the growing city near the capital, where foreigners are allowed to buy, stretches along a 1.5-kilometre seashore on the southwest coast. “Burj Zanzibar will be the highlight and natural continuation of our efforts to provide sustainable housing in Africa, thereby empowering local employment and businesses”, elaborated CPS CEO Sebastian Dietzold in Muscat.

With turquoise seas, white sandy beaches and a UNESCO-protected historic Stone Town, Zanzibar recorded 15% annual growth in tourism in recent years and 6.8% economic growth. Earlier this year, the semi-autonomous archipelago, 35 kilometres off the coast of Tanzania, stretched its wings also into another direction, launching an initiative to attract African tech companies with a total worth of six billion dollars.

Benefits of timber

Timber is the oldest building material in the world. As timber technology, it currently enjoys a renaissance because of its environmental benefits and longevity. New timber products such as cross-laminated timber (CLT) and glulam are considered the building material of the future. One cubic metre of wood binds half a ton of carbon dioxide, whereas conventional concrete construction is responsible for 25% of CO2 emissions.

Burj Zanzibar will be the highlight and natural continuation of our efforts to provide sustainable housing in Africa, thereby empowering local employment and businesses

Once realised, Burj Zanzibar would be the highest timber building in the world and Africa’s first high-rise ever in this innovative technology. A few weeks ago the 86.6-metre Ascent Tower in Milwaukee, US, was certified as the world’s tallest timber hybrid building by the Council on Tall Buildings and Urban Habitat (CTBUH).  Africa’s highest conventional skyscraper is a 385-metre office tower named “Iconic Tower” in Egypt, still under construction.

Tanzania’s top skyscraper is the 157-metre Ports Authority building in Dar es Salaam. The world’s tallest conventional building is Burj Khalifa in Dubai with 828 metres.

Consortium of specialists from New York to Switzerland

Burj Zanzibar is planned as a hybrid timber tower.  A steel-reinforced concrete core is designed to meet all required fire and life safety standards. The project is to be executed by a consortium of leading specialists from Switzerland, Austria, Germany, South Africa, Tanzania and the US. Green roof gardens and planted balconies further reduce the carbon footprint of the building. “Burj Zanzibar will be a widely visible new landmark for Zanzibar and beyond, not only because of its appearance but because of its construction method”, said architect Leander Moons during the launch event.

Set to promote locally available wood as a building material, Tanzania and its vast land resources for agroforestry would also benefit from the ambitious green mega tower. A large forest development in central Tanzania near Iringa already covers twice the size of New York; “an enlarged forest industry could create hundreds of thousands of jobs in the East African country”, said CPS Director Dietzold.

Playful, elegant style fitting any culture

The playful architectural style – reminiscent of a beehive with honeycombs – combines modern urban trends with local culture. “Panorama windows, closed-in green loggias and a modular layout will enhance the green nature of the tower and allow for flexible apartment floor plans, tailor-made for any cultural preferences”, explained lead architect Moons. Residents can have their outdoor garden even on the top floor.

Representing a young, vibrant and most of all sustainable lifestyle, the building allocates a mix of studio, one- and two-bedroom apartments and deluxe penthouses. The elegant tower stands on a terraced podium with shared and private gardens , shops and a common pool. Sizes of units range from studios starting at $79,900 to a vast penthouse with a private pool on the 26th  floor at $950,880. “As a global architectural highlight the Burj Zanzibar will be setting a new benchmark of building in the 21st century”, CPS director Sebastian Dietzold concluded.

Distributed by APO Group on behalf of CPS Zanzibar Limited.

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Liberia to Preview Next Oil & Gas Licensing Round Strategy at Houston Investor Day

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The Liberia Petroleum Regulatory Authority will host operators, investors and partners in Houston on August 19 to preview future licensing opportunities and showcase the exploration potential of its offshore basins

HOUSTON, United States of America, August 7, 2026/APO Group/ –The Liberia Petroleum Regulatory Authority (LPRA) will present its strategy for the country’s next offshore licensing round at Liberia Investor Day Houston on August 19, bringing together international exploration companies, investors, service providers and energy leaders to discuss the next phase of Liberia’s upstream development.

Hosted in partnership with Energy Capital & Power, the event will provide a platform for the LPRA, led by Director General Hon. Marilyn T. Logan, to outline Liberia’s regulatory framework, investment priorities and plans to attract new participation across the country’s offshore sector. Discussions will focus on upcoming licensing opportunities, exploration prospects and the subsurface data supporting future investment decisions.

Liberia’s offshore sector is entering a new phase of exploration activity, with renewed international participation and a growing pipeline of opportunities. Following the award and ratification of eight Production Sharing Contracts in 2025, Liberia has re-established itself as a frontier exploration destination, with international operators advancing work programs designed to further evaluate the country’s petroleum potential. TotalEnergies is progressing exploration activities that include offshore geochemical surveys, 3D seismic acquisition and seabed mapping, while Oranto Petroleum has also signed contracts to explore Liberia’s offshore.

At the Liberia Investor Day Houston, the LPRA will provide industry stakeholders with insight into the priorities shaping the next licensing round, including the anticipated process, qualification requirements, available acreage and access to technical data. The engagement will give prospective investors a clearer view of Liberia’s exploration landscape and the opportunities emerging across its offshore basins.

The event will also facilitate direct dialogue between LPRA and the global upstream community, connecting companies with policymakers and industry stakeholders involved in shaping Liberia’s next chapter of petroleum development.

As exploration companies continue to seek new frontier opportunities, Liberia Investor Day Houston will highlight the role of regulatory certainty, data availability and strategic partnerships in unlocking long-term investment across Liberia’s offshore sector.

Registration is now open for attendees. Companies interested in Liberia’s emerging offshore opportunities are invited to join LPRA, investors and upstream leaders in Houston for insights into the country’s licensing strategy and exploration outlook. For more information contact info@energycapitalpower.com.

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

 

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Beyond Stabroek: Guyana’s Offshore Basin Attracts New Wave of Exploration Investment

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As ExxonMobil advances appraisal activity in Stabroek and new operators target frontier acreage, Guyana is attracting global capital and building a diversified offshore portfolio designed to sustain long-term growth

GEORGETOWN, Guyana, August 7, 2026/APO Group/ –Guyana’s transformation into one of the world’s fastest-growing oil producers is entering a new phase, with a growing network of IOCs expanding exploration activity across the country’s offshore basin. Beyond the landmark discoveries that first put Guyana on the global energy map, new drilling campaigns and licensing partnerships are creating a broader exploration ecosystem designed to support long-term production growth.

At the center of this momentum is ExxonMobil’s continued exploration and appraisal activity in the prolific Stabroek Block. The company has submitted a proposal for a 35-well exploration and appraisal drilling campaign, expected to run from 2028 through 2033, pending regulatory approval. The program would build on more than 30 commercial discoveries already made in the block, with drilling activity focused on evaluating new prospects and appraising existing discoveries to support future development opportunities.

Exploration activity is also extending into Guyana’s frontier acreage, with ExxonMobil advancing drilling operations at the deepwater Canje Block. The company has deployed the Noble Stena Carron drillship for exploration activity, highlighting continued industry interest in evaluating Guyana’s underexplored offshore potential beyond the established Stabroek Block.

Guyana’s strong exploration outlook comes as the country’s economy continues to benefit from rapid oil sector expansion, with hydrocarbons expected to remain a key driver of exports, government revenues and economic growth. As production scales up, attracting additional investment across exploration, services and infrastructure will be critical to supporting the next phase of development.

That momentum is being reinforced through partnerships established under Guyana’s 2023 offshore licensing round. A consortium comprising TotalEnergies, QatarEnergy and Petronas is advancing exploration activities in Block S4 under a five-year production sharing agreement signed with the government in late 2025. The award represents one of the first major outcomes of the licensing round and demonstrates continued international confidence in Guyana’s offshore resource potential.

Beyond the largest operators, a diverse group of companies is also expanding activity across Guyana’s offshore basin. Eco Atlantic is advancing exploration at the Orinduik Block; CGX Energy and Frontera Energy are progressing work in the Corentyne Block; Occidental is evaluating opportunities in the Roraima Block; while Ratio Guyana and Cataleya Energy hold interests in the Kaieteur Block. Together, these partnerships are broadening Guyana’s exploration landscape, increasing competition for acreage and creating opportunities for future discoveries.

As Guyana transitions from an emerging producer to a global energy hub, the next challenge will be converting exploration success into sustainable investment, local value creation and regional growth. These opportunities will be explored at Caribbean Energy Week 2027, held under the theme “Unlocking the Caribbean Energy Corridor: Oil, Gas, LNG & Investment for a New Global Hub.” Bringing together governments, IOCs, investors and technology providers, the event will examine how Guyana’s expanding partnerships can accelerate offshore development, strengthen regional energy cooperation and attract the capital needed to support the Caribbean’s evolving energy landscape.

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

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Energy Capital & Power Establishes London Entity, Expanding Global Platform for Energy and Mining Events

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The move strengthens ECP’s presence in the UK and Europe, and its ability to connect African and South American markets with global investors

LONDON, United Kingdom, August 6, 2026/APO Group/ –International events company Energy Capital & Power (ECP) (www.EnergyCapitalPower.com) has officially established its UK entity in London, marking a milestone in the company’s growth strategy and reinforcing its ability to deliver world-class energy and mining events and campaigns in the UK and Europe.

By establishing a presence in a key hub like London – the pre-eminent energy and mining finance center – ECP actively shapes the global energy conversation. The expansion positions ECP to better serve clients, partners and investors seeking to develop business opportunities between Africa, Europe, the Americas and energy markets worldwide.

Opening our UK company brings ECP closer to key investors in the global energy finance capital

The milestone comes as ECP strengthens its reach through a series of investment platforms that connect global capital to energy and mining projects. These include the Venezuela Energy Week London Showcase on July 30 – with over 300 delegates registered – and the annual Invest in African Energy Forum, held in Paris as the premier event connecting global investors to Africa’s energy transformation.

ECP hosts high level summits and investor conferences in leading energy and minerals producing countries in Africa and South America, including: Venezuela Energy Week; Angola Oil & Gas; MSGBC Oil, Gas & Power; African Mining Week; Libya Energy & Economic Summit; Congo Energy & Investment Forum; South Sudan Oil & Power; and Caribbean Energy Week. The company has hosted investor forums and supported licensing round roadshows in Houston, London and Paris since 2016.

“Opening our UK company brings ECP closer to key investors in the global energy finance capital,” states CEO James Chester. “Having a permanent presence in London further cements our footprint in Europe, enabling us to fulfil our mission to bring minerals and energy investment to diverse global markets.”

With teams located across Africa, Europe and the Americas, ECP has long-facilitated strategic engagement, market intelligence and industry convening, uniting investors with leading energy and mining projects.

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

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