With an extensive background in innovation, marketing, sales, and manufacturing, Theresa Randolph is passionate and enthusiastic about driving change
ACCRA, Ghana, October 16, 2023/APO Group/ —
Yara Ghana Limited (www.Yara.com), a leading fertilizer company has appointed Ms.Theresa Randolph as the new Country Manager to lead the vision and mission of the company. She is the first female to lead the Yara Ghana business and brings with her a diverse outlook.
With an extensive background in innovation, marketing, sales, and manufacturing, Theresa Randolph is passionate and enthusiastic about driving change. Prior to joining Yara she was the Chief Executive Officer of Phyto-Riker (GIHOC) Pharmaceuticals Ltd.
I’m delighted to be joining the Yara Ghana team, and Yara’s mission is a simple one that clearly resonates with me – Responsibly feed the world and protect the planet
In her new role, she is responsible for delivering disruptive growth in Ghana in accordance with the Yara Africa and Asia Strategy, defining and implementing the roadmap for digital initiatives, partnering with key teams to identify transformation levers, and proactively seeking opportunities to build and maintain Yara Ghana’s position in agriculture.
According to Theresa Randolph, “I’m delighted to be joining the Yara Ghana team, and Yara’s mission is a simple one that clearly resonates with me – Responsibly feed the world and protect the planet. Good health starts with consuming the right foods in the right quantities. Yara is all about enabling Ghanaian farmers to contribute their quota to food security, whilst enhancing their economic livelihoods and ensuring the long-term viability of our planet earth as we do this. Today Yara combines its formidable strength in manufacturing with its deep understanding of crop nutrition to find relevant solutions that benefit society shifting towards more sustainable agricultural practices whilst reducing its carbon footprint and focusing on regenerative agriculture.”
“Theresa joins our Africa Leadership Team at a critical moment when we are implementing our Africa 2030 Strategy, focused on driving food systems transformation and small holder farmer prosperity. I am confident that she will fast track the key initiatives underpinning our strategy” said Luis Alfredo Pérez, SVP Yara Africa.
Distributed by APO Group on behalf of Yara International ASA.
As an African-owned investment banking and advisory firm, Premier Invest is aiming to bridge Africa’s oil and gas financing gap through strategic partnerships in the sector
LONDON, The United Kingdom, July 12, 2024/APO Group/ —
Rene Awambeng, Managing Partner at investment banking and advisory firm Premier Invest, outlined Africa’s current oil and gas financing gap and strategies for unlocking global capital at the Invest in African Energy reception -organized by the African Energy Chamber (www.EnergyChamber.org) – in London on Thursday. Last month, Premier Invest signed a milestone agreement with Shell to enable access to financing for oil and gas projects across the continent.
The agreement to co-finance and originate oil and gas agreements in Africa aims to drive growth in the oil and gas sector across the continent
Under the strategic partnership, the two companies will collaborate to identify and co-finance oil and gas transactions in Africa that have the potential to generate significant returns, while creating value for local communities and economies.
“The agreement to co-finance and originate oil and gas agreements in Africa aims to drive growth in the oil and gas sector across the continent. We will work together to identify and evaluate potential opportunities in the oil and gas market and leverage our respective expertise to fund projects that have the potential for significant returns. This is a significant step forward in our commitment to support the growth of the sector,” said Awambeng.
The partnership serves to address the persistent lack of FDI on the continent – in which Africa receives only five percent of global investment – placing African countries at a disadvantage when it comes to establishing requisite infrastructure to produce refined petroleum products and increase power generation and distribution capacities. According to Awambeng, 50% of oil product consumption in Africa is met through imports, despite Africa being a net crude oil producer.
“To address these finance challenges, we have put together an African-owned and managed investment banking firm to offer a range of financial advisory services supporting clients across industry to invest in small, medium and large-sized projects… The continent lacks funds to finance its oil and gas projects, as well as needs technology to manage its oil and gas industry,” said Awambeng.
Distributed by APO Group on behalf of African Energy Chamber
AOG 2024 serves as Angola’s premier energy event, providing unparalleled opportunities for international investors and stakeholders to gain access to the oil and gas market
LUANDA, Angola, July 12, 2024/APO Group/ —
Angola’s oil and gas industry is growing rapidly, with a $60 billion investment pipeline planned for the next five years, a 2025 limited tender on the cards and industry reforms offering improved fiscal and contractual terms. The county’s premier industry event Angola Oil & Gas (AOG) connects international stakeholders to the market, serving as a bridge between foreign players and Angolan projects.
AOG is the largest oil and gas event in Angola. Taking place with the full support of the Ministry of Mineral Resources, Oil and Gas; national oil company Sonangol; the National Oil, Gas and Biofuels Agency; the African Energy Chamber; and the Petroleum Derivatives Regulatory Institute, the event is a platform to sign deals and advance Angola’s oil and gas industry. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.
Strong International Focus
In recent months, Angola has been strengthening cooperation with various global partners to support oil and gas development. Recent deals include with Italy, the UAE, South Korea, Ivory Coast and many more. These deals and future collaborations are expected to drive project development and innovation in Angola while supporting global demand through Angolan exports.
The 2024 edition of the conference builds on this to bring new players to the market while promoting projects, partnerships and potential investment opportunities. In addition to local and regional delegates, AOG 2024 will feature the participation of delegations from China, the UK, the UAE, Germany, Portugal, Brazil and many more. International companies are invited to participate in the event and seize new opportunities in Angolan oil and gas.
Access Upcoming Projects
Last month, Angola’s national concessionaire for the oil and gas industry the National Oil, Gas & Biofuels Agency (ANPG) announced a series of measures that aim to support crude oil production in Angola. This comes as the country recently awarded oil and gas companies Etu Energias, Effimax Energy and Grupo Simples Oil a new concession for Block CON 8, stipulating an exploration phase lasting five years from the signing of the contract.
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Angola is enhancing cooperation with global players, including IOCs such as Chevron, TotalEnergies, Azule Energy and ExxonMobil, to bring new projects online and maintain hydrocarbon production above 1.1 million barrels per day through 2027. A key component of AOG 2024 is unparalleled access to upcoming projects. Attendees will be given exclusive access to the latest requests for proposals, tenders, market trends, policies and regulations shaping the sector.
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Drive Real Investment
Each year, AOG cements itself as the platform of choice for partnerships, collaborations and multi-billion-dollar deal signings. In 2023, seven industry-advancing deals were signed, laying the foundation for collaboration, market growth and future prosperity. In 2024, this trend is expected to continue as foreign companies travel to Luanda to engage with Angolan companies. The conference’s multi-track program covers the entire oil and gas value chain, providing insight into investment opportunities and strategic projects.
Participate in Exclusive Networking
The AOG 2024 conference serves as an opportunity for local, regional and international delegates to collaborate and discover new avenues for investment. Delegates can connect with top energy investors and executives – from operators, IOCs, NOCs and independents – as well as government officials, industry innovators and financiers to expand their professional network.
The event offers extensive opportunities to network and build meaningful business relationships, including exclusive networking breaks and lunches, the closing Networking Cocktail as well as the Gala Dinner and Awards which recognizes the companies pioneering the oil and gas industry in Angola.
Help Fuel Development
With the recent commencement of construction at Angola’s first integrated economic zone as well as its first aluminum industrial park, the country is on track to accelerate economic diversification and sustainable development. Apart from oil and gas, AOG 2024 is poised to set the benchmark for development in Angola while facilitating a strategic investment hub for various sectors in the country’s public and private sectors.
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Angola continues to provide great opportunities for international investors to develop energy projects that serve local and international energy demand. AOG 2024 targets key initiatives in the country including a heightened exploration drive, gas monetization, local content development and renewable energy and will clearly show Angola’s ambition and future plans for development.
Distributed by APO Group on behalf of Energy Capital & Power.
Ahead of a new licensing round, Liberia is offering incentives for early investors, coupled with extensive 2D and 3D seismic data in its Liberia and Harper basins and a working petroleum system previously established by global majors
CAPE TOWN, South Africa, July 12, 2024/APO Group/ —
Kicking off the Invest in African Energy (IAE) reception in London on Thursday, Marilyn Logan, Director General of the Liberia Petroleum Regulatory Authority (LPRA), showcased Liberia’s available oil and gas blocks and upstream investment opportunities. The reception served to connect major technical and financial partners to Africa’s energy sector ahead of the African Energy Week: Invest in African Energy conference in Cape Town this November, organized by the African Energy Chamber (AEC) (www.EnergyChamber.org).
Global investors have been clamoring to Africa’s frontier markets in recent months, with countries like Namibia, Mauritania and Mozambique attracting sizable oil and gas CapEx spending, coupled with a renewed exploration focus in West Africa. Liberia represents a proven petroleum system supported by extensive reprocessed 2D and 3D multi-client seismic data in its Liberia and Harper basins.
“Liberia stands out as a new and exciting destination for oil and gas exploration. Positioned strategically on the West Africa Transform Margin, Liberia shares geological similarities with the Jubilee field in Ghana and [discoveries] in Guyana. We are on the verge of a new decade realizing untapped potential in West Africa, and Liberia is ready to play a pivotal role.”
Our round is expected to attract serious investors, with Liberia offering incentives for early investment and ensuring the yield of substantial returns
“Many years ago, many thought Namibia was an oil man’s graveyard…Today, there are even more prospects in countries like Liberia. The belief coming out of [London] drove exploration in places like Namibia – Liberia could be a replica of that,” added NJ Ayuk, Executive Chairman of the AEC.
Logan highlighted the role of majors ExxonMobil and Chevron in confirming the presence of a working hydrocarbon system, which has been supported by recent seismic surveys and data reprocessing that show promise of significant reserves. In 2021, the country opened a direct negotiation process for 33 offshore blocks in the Harper and Liberia basins, with plans to launch a new round later this year.
“Liberia’s upcoming 2024 licensing round provides the opportunity to secure prime exploration blocks. Our round is expected to attract serious investors, with Liberia offering incentives for early investment and ensuring the yield of substantial returns,” said Logan.
In addition to its prospective hydrocarbon resources, Liberia offers a competitive fiscal regime, stable governance and a conducive operating environment. According to Logan, the country has established a fee structure that incentivizes and rewards oil and gas investors with appropriate returns, while still ensuring Liberia retains social and economic benefits from oil and gas extraction activities.
“On the policy side, the Liberian government has implemented a robust oil and gas program to ensure a conducive environment for oil and gas investments, including a streamlined regulatory process and stable and democratic political environment,” she said.
“We have to keep an enabling environment – when we enable you to put in money and finance projects, then we both win. The idea of resource nationalism has to go, and also the demonization of the energy industry,” stated Ayuk.
Distributed by APO Group on behalf of African Energy Chamber.
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