Development Finance in Africa: Economist Explains How Private Savings Could Be Unlocked
Africa does not lack household savings, but only a small share of these are placed in formal institutions.
Mauritania
Kidnapping for Ransom in the Sahel: Analysis of 24 Years of Data Shows a New Trend
The kidnapping industry fuels insurgencies in Africa’s Sahel region.
Africa Energy Technology Conference Provides a Platform for Fostering Innovation
The African Energy Chamber (AEC) (www.EnergyChamber.org) – representing the voice of the African energy sector – offers its full support and endorsement of the upcoming Africa Energy Technology (AET) conference, recognizing the role the event plays as a platform for fostering innovation and technology in Africa. Taking place May 27-29, 2025, in Accra, Ghana, the event unites government representatives, policymakers and energy technology leaders to discuss financing and technology opportunities in Africa.
AET 2025 takes place under the theme: Innovate, Invest, Implement: Revolutionized Financing for Sustainable Energy Sector Growth in Africa, highlighting the need to scale-up spending across the continent. Key topics that will be explored include innovation in technology, attracting diverse investment through new financial mechanisms and ensuring effective implementation of energy projects. Striving to address Africa's most pressing energy challenges – including access to energy and financing – the event is expected to position the continent at the forefront of global energy discussions.
Africa is at a critical juncture in its energy development as it strives to advance large-scale energy projects while reducing carbon emissions. With over 600 million people living without access to electricity and 900 million people living without access to clean cooking solutions, countries across the continent are advocating for greater investment across the energy value chain, with the aim of accelerating oil, gas and renewable energy projects. Concurrently, the continent has committed to reducing greenhouse gas emissions to mitigate climate change impacts, given that Africa faces the worst impacts of the climate crisis worldwide. It is within this juncture that the need to fast-track technology adoption and enhance innovation becomes clear.
Africa's unique energy challenges can be addressed through the rapid roll-out of various energy sources, and progress is already being made to achieve this. Africa's biggest oil producers seek to increase oil production, with Angola planning to sustain output above one million barrels per day (bpd), Nigeria targeting 2.5 million bpd while Libya strives for 2 million bpd. In tandem, gas-rich nations across the continent aim to increase LNG output. The Republic of Congo targets 3 million tons per annum (mtpa) with the start of Congo LNG phase two in 2025; Mozambique is advancing its Rovuma Basin projects; while Senegal and Mauritania eye 5 mtpa at the Greater Tortue Ahmeyim project, following first production in 2024.
Meanwhile, countries are advancing their clean energy portfolios, with projects in nuclear energy and green hydrogen taking shape. Upcoming green hydrogen projects include the 2,100 kilo-ton-per-annum (ktpa) ACME Group Sokhna project in Egypt (2030); the 1,200 ktpa Project Nour in Mauritania; the 900 ktpa AMAN project in Morocco, among others. In the nuclear sector, over 15 GW of operational capacity is targeted across the continent by 2035. South Africa is expanding production capacity, Egypt is developing its first facility – comprised of four reactors – while over 10 countries are looking at embracing nuclear technology. To make energy poverty history by 2030, the continent will need all of these energy sources.
The AET 2025 conference steps into this picture to foster collaboration across the entire energy value chain in Africa. The event underscores the need for an integrated and diverse energy mix, with technology driving energy efficiency and sustainability. By leveraging innovation, the event emphasizes the value of groundbreaking technology and innovative investments.
“As the continent strives to unlock the full potential of its oil, gas and energy resources, greater technology deployment will be critical. AET is expected to not only revolutionize the African energy landscape by identifying key financing and technology opportunities, but to foster greater collaboration across the sector by bringing together key energy stakeholders,” stated NJ Ayuk, Executive Chairman of the AEC.
Visit https://AETConference.com/tickets/ to register
Distributed by APO Group on behalf of African Energy Chamber.
African Leadership Magazine Announces Nominees for the 2025 African Business Leadership Awards – Public Voting Now Open
African Leadership Magazine (www.AfricanLeadershipMagazine.co.uk) proudly unveils the distinguished list of nominees for the 17 categories of the 2025 African Business Leadership Awards (ABLA)—a premier recognition platform celebrating excellence in corporate governance, impactful leadership, and trailblazing contributions to the growth and sustainability of Africa's dynamic business and economic ecosystem. The public voting process is now officially open and will run until 29 May 2025, offering stakeholders across Africa and the globe the opportunity to celebrate and affirm exemplary leadership in the African business space.
The ongoing public voting marks the third phase in a rigorous four-step, points-based selection process for the African Business Leadership Awards (ABLA). The process begins with open nominations, followed by a shortlist of top contenders curated by the African Leadership Magazine editorial board. In this third phase, the public is invited to vote, adding stakeholder voices to the evaluation process. The final stage involves a detailed editorial assessment of votes and supporting evidence to determine winners, ensuring a transparent, merit-based outcome that reflects both public sentiment and proven impact.
Public votes in this phase contribute 65% of the final decision, with the remaining 35% based on supporting evidence for each nominee. This ensures a fair and credible process that values both public opinion and verifiable impact. Winners and first runners-up will be honoured at the 15th African Business Leadership Awards (ABLA), a special highlight of the Africa Summit–London, scheduled for 9–10 July 2025 at the House of Lords, London, United Kingdom.
To cast your vote, visit:
The 2025 African Business Leadership Awards (BLA Nominee Highlights
African Business Leader of the Year
- Stella Okoli – Founder & GMD, Emzor Pharmaceutical Industries Ltd., Nigeria
- Mohamed Ould Bouamatou – Founder & Chairman, Bouamatou Group, Mauritania
- John Gachora – GMD/CEO, NCBA Bank, Kenya
- Tewodros Ashenafi – Founder & Chairman, SouthWest Holdings Ltd., Ethiopia
- Ntombi Felicia Msiza – CEO, Raubex Group Ltd., South Africa
African Female Business Leader of the Year
- Rita Maria Zniber – Chairman & CEO, Diana Holding, Morocco
- Jesca Mhoja Nkwabi – CEO, KOM Group, Tanzania
- Boitumelo Mosako – CEO, Development Bank of Southern Africa
- Esther Muchemi – CEO, Samchi Group, Kenya
- Monica Musonda – Founder & CEO, Java Foods, Zambia
African Regulator of the Year
- Delese Mimi Darko – CEO, Ghana Food and Drugs Authority
- Brima M. Baluwa Koroma – CEO, Petroleum Regulatory Authority, Sierra Leone
- Daniel Kiptoo Bargoria – DG, Energy and Petroleum Regulatory Authority, Kenya
- Leonilde dos Santos – Multisectoral Economic Regulatory Authority, Cape Verde
Business-Friendly Governor of the Year
- Daniel Félix Neto – Governor, Lunda Sul Province, Angola
- Oscar Mabuyane – Premier of the Eastern Cape, South Africa
- Jacques Kyabula Katwe – Governor, Haut-Katanga Province, DR Congo
- Ibrahima Cissé – Minister Governor, Autonomous District of Abidjan, Côte d'Ivoire
- Peter Ndubuisi Mbah – Governor, Enugu State, Nigeria
African Finance Minister of the Year
- Bihi Iman Egeh – Minister of Finance, Somalia
- Mthuli Ncube – Minister of Finance & Economic Development, Zimbabwe
- Marial Ater – Minister of Finance and Planning, South Sudan
- Cheikh Diba – Minister of Finance and Budget, Senegal
- Ahmed Kouchouk – Minister of Finance, Egypt
Trade & Investment Promotion Agency of the Year
- General Authority for Investment and Free Zones (GAFI), Egypt
- Agency for Private Investment and Export Promotion, Angola
- Ghana Export Promotion Authority (GEPA)
- National Investment Promotion Agency, Cameroon
- Agency for Investment and Export Development, Morocco
Central Bank Governor of the Year
- Mohamed Lemine Dhehby – Governor, Central Bank of Mauritania
- Manuel António Tiago Dias – Governor, National Bank of Angola
- Johnson Asiama – Governor, Bank of Ghana
- Rama Krishna Sithanen – Governor, Bank of Mauritius
Trade & Investment Minister of the Year
- Jumoke Oduwole – Minister of Industry, Trade and Investment, Nigeria
- Alimatou Shadiya Assouman – Minister of Industry and Trade, Benin
- Ahmed Samir – Minister of Trade and Industry, Egypt
- Kassahun Gofe – Minister of Trade and Regional Integration, Ethiopia
- Chipoka Mulenga – Minister of Commerce, Trade and Industry, Zambia
African CEO of the Year
- Jeremy Awori – Group CEO, Ecobank Transnational Incorporated (ETI)
- Hien Yacouba Sié – Managing Director, Abidjan Port Authority, Côte d'Ivoire
- Dr. Armstrong Takang – CEO, Ministry of Finance Incorporated, Nigeria
- Patricia Adongo Ojangole – Managing Director, Uganda Development Bank Ltd.
Young Business Leader of the Year
- Mamotake Matekane – COO, MGC Group, Lesotho
- Martha Namundjebo-Tilahun – Co-Founder, United Africa Group, Namibia
- Mohamed Ahmed Abdulle – MD, Dakawou Transport Ltd., Kenya
- Ladi Delano – Co-CEO, Moove Africa, Nigeria
Africa CSR & Community Development Impact Award
- Ashanti Goldfields Corporation, Ghana
- Standard Chartered Bank, South Africa
- NNPC Limited, Nigeria
- Bamburi Cement Plc, Kenya
- Catoca Mining Company, Angola
African Brand of the Year
- Commercial International Bank (CIB), Egypt
- Managem Group, Morocco
- Bank Windhoek, Namibia
- Ethiopian Airlines
African Company of the Year
- Vodacom Group, South Africa
- Ghana Commercial Bank Plc
- Bidco Africa, Kenya
- Innoson Vehicle Manufacturing, Nigeria
Industry Personality of the Year
- Kennedy Bugane – CEO, African Bank, South Africa
- Jemal Ahmed Abdu – CEO, MIDROC Investment Group PLC, Ethiopia
- Ally Edha Awadh – CEO, Lake Oil Group, Tanzania
- Ferdinand Ngon Kemoum, Managing Director of Oragroup SA, Cameroon
Africa Business Integrity Leader Award
- Coris Bank International, Togo
- Arab Contractors, Egypt
- CCECC Nigeria Limited
- Société Ivoirienne de Raffinage (SIR), Côte d'Ivoire
- Moçambique Telecom, SA
African Tech & Digital Economy Leader of the Year
- Mastercard Africa
- MTN Group, South Africa
- Mascom Wireless, Botswana
- Safaricom, Kenya
Lifetime Achievement Award
- Emeka Offor – Founder, Chrome Group, Nigeria
- Baba Ahmadou Danpullo – Businessman, Cameroon
- Kwabena Kesse – CEO, Kessben Group of Companies, Ghana
Distributed by APO Group on behalf of African Leadership Magazine.
Media Enquiries:
Ehis Ayere
T: +44 (0) 20 3051 1883
E: ehis@africanleadership.co.uk
About African Leadership Magazine:
African Leadership Magazine is the flagship publication of the African Leadership Organisation (UK) Limited. For over 19 years, it has championed impactful leadership across Africa and amplified African opportunities on the global stage. Through its platforms—including Afro-positive content, trade facilitation, market entry solutions, public sector consulting, and business networking events—the magazine plays a pivotal role in fostering sustainable development and positive change across the continent.
FIND Convenes African Union Ambassadors
As part of its continuing outreach to the parts of the world that it was set up to serve, FIND (www.FINDdx.org) hosted Ambassadors from 26 African countries and the African Union for a meeting at FIND's offices in the Global Health Campus in Geneva. The Ambassadors received an overview of FIND's work in their respective countries, future prospects and were made aware of FIND as a value-added partner for countries with respect to diagnostics.
“The foundation of any successful health response is diagnosis. From early detection to pandemic preparedness, our collaboration with the African Union is essential to guaranteeing that no one is left behind,” said Dr. Ifedayo Adetifa, CEO of FIND. “FIND's vision is focused on both catalyzing innovation and ensuring access to diagnostics in low- and middle-income countries.”
In order to improve diagnostic systems and get ready for potential health and pandemic risks, FIND's leadership presented its updated strategic vision as a precursor to this year's Diagnostics Day event to be held on 21 May, which will take place on the sidelines of the World Health Assembly.
The ambassadors of the African Union, Angola, Burkina Faso, Cabo Verde, Cameroon, Central African Republic, Chad, Côte d'Ivoire, Democratic Republic of Congo, Kenya, Lesotho, Madagascar, Malawi, Mauritania, Mauritius, Mozambique, Namibia, Rwanda, Sao Tomé and Principe, Sierra Leone, South Africa, South Sudan, Sudan, Tanzania, The Gambia, Togo, and Zimbabwe were present.
The Ambassadors led a lively discussion which touched upon a number of key issues, including South-South collaboration; pandemic preparedness and response; the role of health in national development; national essential diagnostics lists; the growing issue of non-communicable diseases such as diabetes; and ensuring sustainable financing for diagnostics and health in general.
Among the meeting's main conclusions were:
- Commitment to strengthen regional manufacturing of diagnostics and other health technologies.
- Consensus on increased AU-FIND cooperation to country and Africa CDC's diagnostic priorities.
- Support for FIND's function as a technical partner to expand access to vital diagnostics for illnesses like HIV, TB, malaria, mpox and emerging outbreaks.
- Diagnostics acknowledged as a key component of health security and universal health coverage.
“In this moment of dramatic change, African leaders are stepping up to fill the power vacuum left by a world in turmoil where women and children are being left behind and left to die, particularly on the African continent – the continent with the greatest health burden,” said Dr Ayoade Alakija, FIND's Board Chair. “FIND will continue to support them on strengthening pandemic preparedness and ensuring quality diagnostics are available to all.”
FIND's Diagostics Day (https://apo-opa.co/44AX9pc) event on 21 May at the Vieux Bois in Geneva will bring leaders from health from around the world to agree on next steps to ensuring quality and accessible diagnostics for all.
Distributed by APO Group on behalf of FIND.
Media contacts:
Beatrice Bernescut
Director, Communications
media@finddx.org
About FIND:
FIND accelerates equitable access to reliable diagnosis around the world. We are working to close critical testing gaps that leave people at risk from preventable and treatable illnesses, enable effective disease surveillance, and build sustainable, resilient health systems. In partnership with countries, WHO and other global health agencies, we are driving progress towards global health security and universal health coverage. We are a WHO Collaborating Centre for Laboratory Strengthening and Diagnostic Technology Evaluation. For more information, please visit www.FINDdx.org.
AMW to Spotlight Investor Strategies Driving Africa’s Mineral Industrialization
African Mining Week (AMW) – taking place from October 1–3, 2025, in Cape Town – will connect global investors with high-impact opportunities across Africa's mining sector, spotlighting the strategies fueling the continent's mineral industrialization.
A key highlight of the event will be a high-level panel, The Investor Perspective: Financing Africa's Mineral Industrialization. The session will explore the evolving investment landscape and examine diverse financing mechanisms – including bank loans, private equity, venture capital and impact investing – that are mobilizing capital into African mining.
DFIs Drive Infrastructure Investments
Attracted by strong returns and Africa's long-term growth potential, development finance institutions (DFIs) are ramping up investments into the continent's mining infrastructure. In March 2025, the African Development Bank approved a $150 million loan to Mauritania's state-owned mining company SNIM and committed $500 million to the Lobito Corridor – a strategic railway project linking Angola, the DRC and Zambia to international markets. Meanwhile, the Africa Finance Corporation (AFC) is backing several critical mineral projects, including Nyanza Light Metals' $780 million PGMs facility in South Africa, Gecamines' expansion in the DRC, Giyani Metals' manganese development in Botswana and FG Gold's project in Sierra Leone. Between 2014 and 2024, AFC invested over $1 billion into Africa's mining sector. The U.S. International Development Finance Corporation (DFC) is also deepening its commitment, providing more than $750 million toward the Lobito Corridor, $34 million for Pensana's Longonjo rare earths project in Angola and $3.2 million to Chillerton's green copper development in Zambia.
Geopolitics and African Prospects
Geopolitical shifts are intensifying the global race for Africa's critical minerals, vital for the energy transition and digital economy. From 2019 to 2023, companies from the United Arab Emirates committed over $110 billion to African projects. In early 2025, UAE-based Ambrosia Investment Holding acquired a 50% stake in Allied Gold's projects in Ethiopia and Mali, investing $375 million to scale up gold production. Canadian mining investment on the continent has now surpassed $37 billion, with companies like Ivanhoe Mines, Fortuna Silver, Pioneer Lithium and Trigon Metals leading expansion efforts. Similarly, Australia's mining footprint in Africa reached $60 billion in asset value in 2024, supported by firms such as Sovereign Metals, Cazaly Resources and Atlantic Lithium.
Private Placements
Private placements are emerging as a preferred capital-raising vehicle for mining ventures across Africa. Companies including Zanaga Iron Ore, Moab Minerals, Global Atomic Corporation, Premier African Minerals and Trigon Metals are leveraging this mechanism to fast-track project development and attract investor interest. As ESG criteria take center stage in investment decision-making, AMW will serve as a platform for financiers and project developers to engage on sustainability metrics, transparency and responsible investing.
Distributed by APO Group on behalf of Energy Capital & Power.
African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com. To download the working program, please visit www.African-MiningWeek.com
Merck Foundation CEO Meets the 125 Winners From 36 Countries- “More Than a Mother” and “Diabetes and Hypertension” Media Awards 2024, Announced in Partnership With the First Ladies of Africa
- Merck Foundation CEO announced call for application of 2025 Merck Foundation Media Recognition Awards in partnership with African First Ladies - apply now at submit@merck-foundation.com
Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany, in partnership with the First Ladies of Africa, proudly announced the Winners of their Merck Foundation Africa Media Recognition Awards 2024 under the categories “More Than a Mother” and “Diabetes and Hypertension”.
The Awards Ceremony was conducted virtually to honor and celebrate the outstanding contributions of all the winning media professionals. The winners were warmly acknowledged by Senator Dr. Rasha Kelej, CEO of Merck Foundation and President of the “More Than a Mother” campaign.
Senator, Dr. Rasha Kelej expressed, “I am truly happy to announce the winners of our Media Awards, together with my dear sisters, The First Ladies of Africa, who are also the Ambassadors of the Merck Foundation ‘More Than a Mother' Campaign. This year, we are delighted to celebrate 125 outstanding winners from 36 countries. It brings me joy to see such impressive participation not only from across Africa but also from several Asian and Latin American countries. Congratulations to all our incredible winners!
It is a true pleasure to welcome you all as Merck Foundation Alumni. Let's continue to work together to raise awareness about critical social and health challenges, be the voice of the voiceless, and create culture shift in our communities.”
Merck Foundation Media Awards launched in 2017, are announced annually, with over 640 Winners from 52 countries celebrated to date.
The theme of the “More Than a Mother” Media Awards is to raise awareness about important social issues like: Breaking Infertility Stigma, Supporting Girl Education, Women Empowerment, Ending Child Marriage, Ending Female Genital Mutilation and/or Stopping Gender-Based Violence. The theme of the “Diabetes and Hypertension” Media Awards is to Promote a Healthy Lifestyle and raise awareness about prevention and early detection of Diabetes and Hypertension.
The Merck Foundation CEO also launched the Call for Applications for the 2025 Media Awards. “I am pleased to invite entries for the Merck Foundation Media Recognition Awards 2025 – “More Than a Mother” & “Diabetes and Hypertension”, in partnership with the African First Ladies. I look forward to receiving another outstanding round of impactful entries this year as well.” Said Senator Dr. Rasha Kelej.
Winners of Merck Foundation "More Than a Mother" Media Recognition Awards 2024
Here are the winners from West African Countries in partnership with The First Lady of the Republic of The Gambia, H.E. Mrs. FATOUMATTA BAH-BARROW; and The First Lady of the Republic of Sierra Leone, H.E. Dr. FATIMA MAADA BIO:
PRINT CATEGORY WINNER
- Jennifer Ambolley, The Chronicle, Ghana (First Position)
- Mackie Muctarr Jalloh, News Times Daily, Sierra Leone (Second position)
- Alao Abiodun, The Nation, Nigeria (Second position)
ONLINE CATEGORY WINNERS
- Dzifa Tetteh Tay, The Spectator, Ghana (First Position)
- Laudia Sawer, Ghana News Agency, Ghana (First Position)
- Nyima Sillah, The Voice, The Gambia (Second Position)
- Isatou Ceesay, The Gambia Point, The Gambia (Third Position)
- Abigail Arthur, Citi Newsroom, Ghana (Third Position)
- Odimegwu Onwumere, The Nigerian Voice, Nigeria (Third Position)
RADIO CATEGORY WINNER
- Mavis Offei Acheampong, GBC Radio, Ghana (First Position)
- Joyce Kantam Kolamong, GBC Radio, Ghana(Second Position)
- Zainab Sunkary Koroma, Star Radio, Sierra Leone (Third Position)
MULTIMEDIA CATEGORY WINNERS
- Tolulope Adeleru-Balogun, News Central TV, Nigeria (First Position)
- Alieu Ceesay, QTV, The Gambia (Second Position)
- Mona Lisa Frimpong, Joy News, Ghana (Third Position)
Here are the Winners from Southern African Countries in partnership with The First Lady of the Republic of Malawi, H.E. Mrs. MONICA CHAKWERA; The First Lady of the Republic of Zimbabwe, H.E. Amai Dr. AUXILLIA MNANGAGWA:
PRINT CATEGORY WINNERS
- Precious Kumbani, The Nation, Malawi (First Position)
- Gresham Ngwira, Freelancer, Malawi (Second Position)
- Simon Muntemba, Daily Nation, Zambia (Second Position)
- Charlotte Nambadja, The Namibian, Namibia (Third Position)
- Silence Mugadzaweta, The Standard, Zimbabwe (Third Position)
ONLINE CATEGORY WINNERS
- Alain Kabinda, Daily News Agency, Zambia (First Position)
- Catherine Murombedzi, Freelancer, Zimbabwe (First Position)
- Alick Ponje, The Times, Malawi (second Position)
- Wallace Mawire, Pan African Visions, Zimbabwe (Second Position)
- Hamu Madzedze, 365 Health Diaries, Zimbabwe (Third Position)
- Kundai Michael Magoronga, Chronicle, Zimbabwe (Third Position)
- Mlondi Mkhize, Briefly News, South Africa (Third Position)
RADIO CATEGORY WINNERS
- Glendah Fadzai Takachicha, Capitalk FM, Zimbabwe (First Position)
- Tina Nyirenda, Smooth FM, Zambia (Second Position)
- Sylviah Chisi, Trans World Radio, Malawi (Second Position)
- Nyasha Mandimutsira, Capitalk FM, Zimbabwe (Third Position)
- Perina N. Wahara, PL FM, Malawi (Third Position)
MULTIMEDIA CATEGORY WINNERS
- Keneilwe Pono, YTV, Botswana (First Position)
- Taati Niilenge, The Namibian, Namibia (Second Position)
- Lame Lucas, YTV, Botswana (Third Position)
Here are the winners from East African Countries:
PRINT CATEGORY WINNERS
- Elizabeth Angira, People Daily, Kenya (First Position)
- Marco Maduhu, Nipashe, Tanzania (Second Position)
- Margaret Maina, Nation Media, Kenya (Second Position)
- Beatrice Philemon Mukocho, The Guardian, Tanzania (Third Position)
- Vitus Audax, The Guardian, Tanzania (Third Position)
ONLINE CATEGORY WINNERS
- Kamau Maichuhie, Nation Online, Kenya (First Position)
- Isabella Maua Chemosit, Freelancer, Kenya (Second Position)
- Anne Robi, Daily News, Tanzania (Second Position)
- Nteza Michael, UG Standard, Uganda (Third Position)
- Benjamin Takpiny, Anadolu Agency, South Sudan (Third Position)
- Ayele Addis Ambelu, Ethiopian Mass Media Action News, Ethiopia (Third Position)
RADIO CATEGORY WINNERS
- Caren Waraba Sisya, Radio Citizen, Kenya (First Position)
- Mamer Abraham Kuot, Voice of America, South Sudan, (Second Position)
- Mwanaisha Makumbuli, Highlands FM, Tanzania (Second Position)
- Fatuma Mustapha Mtemangani, Pambazuko FM, Tanzania (Third Position)
- Daniel Byiringiro, Flash FM, Rwanda (Third Position)
MULTIMEDIA CATEGORY WINNER
- Rose Wangui, NTV Kenya, Kenya (First Position)
- Andrew Juma, TV47, Kenya (Second Position)
- Leonard Kigozi and Isabel Nakirya, CGTN Africa, Uganda (Third Position)
- Mackriner Siyovelwa, Crown Media, Tanzania (Third Position)
Here are the winners from French Speaking African Countries in partnership with The First Lady of the Republic of Burundi, H.E. Madam ANGELINE NDAYISHIMIYE; The First Lady of Democratic Republic of the Congo, H.E. Madam DENISE NYAKERU TSHISEKEDI:
PRINT CATEGORY WINNER
- Issa Moussa, Niger Times, Niger (First Position)
- Koami Agbetiafa, Niger Inter Press Group, Niger (Second Position)
ONLINE CATEGORY WINNERS
- AZODODASSI Mêmèdé Ambroisine, Savoir News, Togo (First Position)
- Julio Gada, Global News, Benin (Second Position)
- Boris Esono Nwenfor, Pan African Visions, Cameroon (Third Position)
- Bakari Guèye, Initiatives News, Mauritania (Third Position)
- Frimo Koukou Djipro, Lelus, Côte d'Ivoire (Third Position)
RADIO CATEGORY WINNERS
- Remy RUKUNDO, Radio TV Buntu, Burundi (First Position)
- Magnus MFURANZIMA, ISÔKO FM, Burundi (First Position)
- Mame Mbagnick DIOUF, Radio Oxyjeunes, Senegal (Second Position)
- Tanko Worou, Radio SU TII DERA, Benin (Second Position)
- Moussa KONE, Radio Channel 2, Mali (Third Position)
MULTIMEDIA CATEGORY WINNERS
- Matthias KABUYA TSHILUMBA, RTDK, DRC (First Position)
Here are the winners from Portuguese Speaking African Countries in partnership with The First Lady of the Republic of Cabo Verde, H.E. Dr. DÉBORA KATISA CARVALHO:
ONLINE CATEGORY WINNERS
- Edisângela Tavares, Expresso das Ilhas, Cabo Verde (First Position)
- Sheilla Ribeiro, Sociedade, Cabo Verde (Second Position)
RADIO CATEGORY WINNERS
- Teresa Monteiro Pinto, Rádio Televisão de Cabo Verde, Cabo Verde (First Position)
MULTIMEDIA CATEGORY WINNERS
- Ângelo Semedo, Deutsche Welle, Cabo Verde (First Position)
Merck Foundation "Diabetes & Hypertension" Media Recognition Awards 2024
Here are the winners from West African Countries in partnership with The First Lady of the Republic of The Gambia, H.E. Mrs. FATOUMATTA BAH-BARROW; and The First Lady of the Republic of Sierra Leone, H.E. Dr. FATIMA MAADA BIO:
PRINT CATEGORY WINNER
- Agnes Opoku Saprong, Ghanaian Times, Ghana (First Position)
- Patience Ivie Ihejirika, Leadership Newspaper, Nigeria (Second Position)
ONLINE CATEGORY WINNERS
- Muhammed Lamin Touray, Freelancer, The Gambia (First Position)
- Prince Owusu Asiedu, Adom Online, Ghana (Second Position)
- Lara Adejoro, The Punch, Nigeria (Third Position)
RADIO CATEGORY WINNERS
- Godwin Awuni Anafo, Odadee Radio, Ghana (First Position)
MULTIMEDIA CATEGORY WINNER
- Emmanuel Dzivenu Seyram Abla De-Souza, Joy TV, Ghana (First Position)
- Ezedimbu Karen Ogomegbunem, Africa Independent Television, Nigeria, (Second Position)
- Lois Abba Sambo, Abuja Broadcasting Corporation, Nigeria (Third Position)
- Akua Oforiwa Darko, TV3, Ghana (Third Position)
Here are the Winners from Southern African Countries in partnership with The First Lady of the Republic of Malawi, H.E. Mrs. MONICA CHAKWERA; The First Lady of the Republic of Zambia, H.E. Mrs. MUTINTA HICHILEMA; The First Lady of the Republic of Zimbabwe, H.E. Amai Dr. AUXILLIA MNANGAGWA:
PRINT CATEGORY WINNER
- Nancy Kefilwe Ramokhua, The Patriot, Botswana (First Position)
- Matilda Chimwaza Majawa, Times Group, Malawi (Second Position)
ONLINE CATEGORY WINNERS
- June Shimuoshili, Unwrap Online, Namibia (First Position)
- Tendai Chisiri, Sport Way News Net, Zimbabwe (Second Position)
- Shireen van Wyk, Shay Blogger, Namibia (Third Position)
- Prince Kurupati, Pan African Visions, Zimbabwe (Third Position)
RADIO CATEGORY WINNERS
- Elvis Howahowa, Times Radio, Malawi (First Position)
- Stella Mlotha, Trans World Radio, Malawi (Second Position)
Here are the winners from East African Countries:
PRINT CATEGORY WINNER
- Lucy Johnbosco, Mwananchi, Tanzania (First Position)
- Christina Mwakangale, Nipashe, Tanzania (Second Position)
ONLINE CATEGORY WINNERS
- Joan Mbabazi, The New Times, Rwanda (First Position)
- Leon Lidigu, Nation Online, Kenya (Second Position)
- Namwalo Daniel Absalom, Kenya News Agency, Kenya (Third Position)
- Angela Kezengwa, Citizen Digital, Kenya (Third Position)
- Veronica Mrema, M24 Tanzania, Tanzania (Third Position)
RADIO CATEGORY WINNERS
- Kintu Khalid, Radio Simba, Uganda (First Position)
- Asha Bekidusa, Bahari FM, Kenya (Second Position)
MULTIMEDIA CATEGORY WINNER
- Walter Mwesigye, NTV, Uganda (First Position)
- Edvesta Tarimo, Tumaini Media, Tanzania (Second Position)
Here are the winners from French Speaking African Countries in partnership with The First Lady of the Republic of Burundi, H.E. Madam ANGELINE NDAYISHIMIYE; and The First Lady of Democratic Republic of the Congo, H.E. Madam DENISE NYAKERU TSHISEKEDI:
PRINT CATEGORY WINNERS
- Konan N'Guessan Attoumgbre Joseph, La Retraite Active, Côte d'Ivoire (First Position)
- Nkurunziza Moise, Le Renouveau, Burundi (Second Position)
ONLINE CATEGORY WINNERS
- Bahwa Ferdinand, Le Journal Africa, Burundi (First Position)
- Abdoulaye Ouédraogo, Queen Mafa, Burkina Faso (Second Position)
- Richard Manirakiza, l'Agence Burundaise de Presse, Burundi (Second Position)
- Mapote Gaye, Infomedia27, Senegal (Second Position)
- Atha Menssan Woffa Assan, Focus Infos, Togo (Third Position)
- Catherine Aimée Biloa, Échos Santé, Cameroon (Third Position)
- Nadège Omoladé SANNY, SRTB Online, Benin (Third Position)
RADIO CATEGORY WINNERS
- MVUYEKURE Jean Claude, Radio TV Buntu, Burundi (First Position)
- Abdoul Razak Sani Oumarou, Radio Saraounia Maradi, Niger (Second Position)
- Kabamba Ngalamulume Fabrice, Radio Télévision de l'éducation (RTEDUC), DRC (Third Position)
MULTIMEDIA CATEGORY WINNER
- Chris IRAMBONA, Radio Television Buntu, Burundi (First Position)
Here are the winners from ASIAN Countries:
PRINT CATEGORY WINNER
- Parikshit Nirbhay, Amar Ujala, India (First Position)
- Revathi Murugappan, Star Health, Malaysia (Second Position)
- Pooja Biraia, The Week, India (Third Position)
ONLINE CATEGORY WINNERS
- Rashe Zoe Sophia B Piquero, Cebu Daily News, Philippines (First Position)
- Roshan Bhandari, Medicoliterature, Nepal (Second Position)
- Crystal Chow, Undark Magazine, China (Third Position)
Here are the winners from LATIN AMERICA Countries:
ONLINE CATEGORY WINNERS
- Adriana Becerra, Agencia Brunch, Mexico (First Position)
- Rafaela Polo, UOL, Brazil (Second Position)
MULTIMEDIA CATEGORY WINNER
- Roxana Fabiola Lopresti, Channel 9 Televida, Argentina (First Position)
- Ana Paula Pedrosa, R7, Brazil (Second Position)
Details of Merck Foundation Media Awards 2025:
1. Merck Foundation Africa Media Recognition “More Than a Mother” Awards 2025
Theme for the awards: Breaking Infertility Stigma, Supporting Girl Education, Women Empowerment, Ending Child Marriage, Ending FGM, and/or Stopping GBV at all levels.
Who can apply: Journalists from Print, Radio, Online, and Multimedia platforms from the following groups:
- Southern African Countries
- West African Countries
- East African Countries
- French Speaking African Countries
- Portuguese Speaking African Countries
Submission deadline: 30th September 2025.
2. Merck Foundation Media Recognition “Diabetes & Hypertension” Awards 2025
Theme for the awards: Promoting a healthy lifestyle and raising awareness about prevention and early detection of Diabetes and Hypertension.
Who can apply: Journalists from Print, Radio, Online, and Multimedia platforms from the following groups:
- Southern African Countries
- West African Countries
- East African Countries
- French Speaking African Countries
- Portuguese Speaking African Countries
- Latin American Countries
- Asian Countries
Submission deadline: 30th October 2025.
All entries are to be submitted to submit@merck-foundation.com.
Distributed by APO Group on behalf of Merck Foundation.
Contact details:
Mehak Handa
Community Awareness Program Manager
+91 9310087613 / +91 9319606669
mehak.handa@external.merckgroup.com
Join the conversation on our social media platforms below and let your voice be heard!
Facebook: https://apo-opa.co/4cLhp9K
X: https://apo-opa.co/3EtS73f
YouTube: https://apo-opa.co/4cUG7o7
Instagram: https://apo-opa.co/3GnWcqj
Threads: https://apo-opa.co/3EvXLlq
Flickr: https://apo-opa.co/42ZoEr6
Website: www.Merck-Foundation.com
About Merck Foundation:
The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website. Please visit www.Merck-Foundation.com to read more. Follow the social media of Merck Foundation: Facebook (https://apo-opa.co/4cLhp9K), X (https://apo-opa.co/3EtS73f), Instagram (https://apo-opa.co/3GnWcqj), YouTube (https://apo-opa.co/4cUG7o7), Threads (https://apo-opa.co/3EvXLlq) and Flickr (https://apo-opa.co/42ZoEr6).
The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors.
African Farmout Forum Returns to AEW 2025, Showcasing Emerging Block Opportunities
The African Farmout Forum will return to African Energy Week (AEW): Invest in African Energies in 2025, offering a collaborative platform for international oil companies, national oil companies and upstream regulators to present their projects and block opportunities to a global audience. Led by global energy advisor Moyes & Co; independent A&D advisor Envoi Limited; and oil and gas asset platform FarmoutAngel, the forum serves as the premier platform to secure partnerships and deals across Africa's upstream sector.
Over the years, the African Farmout Forum has played a vital role in facilitating farm-in agreements in both emerging and mature hydrocarbon markets. During the 2024 edition, promoted blocks spanned across Somalia, Morocco, Ghana, Nigeria, Sierra Leone, Equatorial Guinea, Namibia, Cameroon, São Tomé and Príncipe, Angola, the Democratic Republic of the Congo and Senegal, with two additional onshore blocks presented in Timor-Leste. An even wider range of opportunities is anticipated in 2025 as operators seek capital and technical expertise to advance new projects.
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event.
Africa's upstream oil and gas sector is entering a new growth phase. According to the African Energy Chamber's (AEC) State of African Energy 2025 Outlook, upstream capital expenditure is projected to reach $43 billion in 2025, climbing to $54 billion by 2030. West and North Africa are set to lead this surge, accounting for half of the total spend.
While offshore developments have led investment since 2023, the outlook suggests a balancing trend, with onshore and offshore spending expected to converge as interest grows in underexplored onshore acreage. Notable hotspots include North Africa, where Egypt and Algeria are witnessing heavy-capital flows; West Africa, with a surge in spending in Ivory Coast; and Southern Africa, led by markets such as Namibia – targeting first oil by 2029 – and Angola. An uptick in spending has also been registered in Zimbabwe (onshore) and South Africa (offshore).
Amid this growth, Africa's M&A activity is gaining momentum. The first half of 2024 saw M&A deals surpass 2023 totals, with $12.7 billion in deals by July. With approximately $16 billion worth of assets holding over three billion barrels of oil equivalent resources currently on the market, African upstream M&A activity is expected to remain robust through 2025.
The 2024/2025 period will also see more than 11 licensing rounds launched across the continent as governments aim to sustain or expand production. In North Africa, Libya launched a 22-block bid round in April 2025 as part of a strategy to boost oil output to two million barrels per day. Egypt recently closed submissions for its 12-block licensing round covering the Mediterranean and Nile Delta regions, while Algeria has extended the deadline for its latest round – offering six onshore blocks – to June 2025.
In West Africa, Mauritania is expected to auction 15 offshore blocks in 2025 while Liberia has 29 offshore blocks on offer as part of a direct negotiation round. In southern Africa, Angola is preparing to launch its 2025 licensing round, while Namibia has introduced a new open-door licensing system to encourage exploration. Tanzania is promoting 24 oil and gas blocks, while South Africa is on track to open new offshore and onshore acreage in 2025.
These rounds signal a wealth of new farm-in and partnership prospects, with the African Farmout Forum positioned to highlight the continent's most promising hydrocarbon basins. Featuring 7-minute deal pitches, a wall of farmouts and curated networking opportunities, the forum will catalyze upstream investment and deal-making in Africa.
“The African Farmout Forum has become a strategic platform for companies to engage, foster partnerships and sign deals. By offering insight into strategic blocks, emerging basins and upcoming farm-in opportunities, the forum promotes collaboration at Africa's largest energy event,” states Tomás C. Gerbasio, VP Commercial and Strategic Engagement at the AEC.
Distributed by APO Group on behalf of African Energy Chamber.
UAE Investments Drive African Mining Growth
Ambrosia Enters Malian Market
In February 2025, investment fund Ambrosia Investment Holding acquired a 50% stake in Canadian firm Allied Gold's mining projects in Ethiopia and Mali. As part of the deal, Ambrosia will inject $375 million in working capital to accelerate project development, boosting Ethiopia and Mali's gold output by 290,000 ounces per annum by mid-2026 and 400,000 ounces per annum by 2028, respectively. Additionally, Ambrosia plans to deploy solar photovoltaic and battery energy storage systems to ensure energy security at the Sadiola mine in Mali by July 2026 as part of the acquisition agreement.
AD Ports Kickstarts Luanda Operations
Logistics firm AD Ports Group started operations at the Luanda Port in January 2025 as part of a $250 million investment plan. With the Luanda Port handling 76% of Angola's cargo volumes and serving as a crucial trade corridor between international markets and Angola, Zambia and the Democratic Republic of Congo, AD Ports' investment will bolster the region's mining sector. AD Ports will operate the terminal over the next 20 years. The company could increase investments at the facility to $380 million to meet the growing demand for logistics as Angola's container volumes are anticipated to increase by 3.3% annually over the next decade.
IHC Bolsters Production at Mopani Mine
International Holding Company boosted ore production at the Mopani Mine in Zambia from 2.2 million tons to 2.8 million tons in January 2025 through its $1.1 billion investment made in March 2024. The mine has also improved copper grade from 1.68% to 2.21% and expanded employment from 10,765 to 12,684 workers.
Emiral Expedites Ghana, Mauritania Projects
Emiral Mining is fast-tracking its iron ore project in Mauritania, with a pre-feasibility study report set for release in Q1, 2025. The company has invested $40 million in exploration since February 2020. Additionally, Emiral Mining is strengthening Ghana's gold industry through its majority stake in Asante Gold Corporation, the operator of Ghana's major gold mines such as Bibiani and Chirano. Asante Gold Corporation is undertaking a $522 million expansion program for the Bibiani and Chirano Mines.
Looking Ahead
A number of UAE public and private sector entities are seeking partnership and investment opportunities across various African markets. International Resources Holding signed an agreement with South Africa's Public Investment Corporation in late 2024 to invest in mining, green energy and logistics projects. Similarly, DP World announced a five-year $3 billion investment plan in mid-2024 to enhance Africa's logistics infrastructure and facilitate mineral exports to international markets. In Kenya, the UAE Ministry of Investment and Abu Dhabi's sovereign wealth fund ADQ signed agreements in 2024 to invest in the country's mining sector as part of broader efforts to enhance bilateral trade and economic cooperation.
The upcoming African Mining Week – taking place October 1-3 in Cape Town - presents an ideal platform for UAE and African stakeholders to strengthen industry cooperation. As the premier event for the African mining industry, African Mining Week fosters collaboration and dealmaking, striving to advance projects and consolidate the continent's position as a global mineral producer. The event takes place under the theme From Extraction to Beneficiation: Unlocking Africa's Mineral Wealth.
African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@energycapitalpower.com.
Distributed by APO Group on behalf of Energy Capital & Power.
AEW 2025 Program Launches, Highlighting African Energy Security and Global Investment Opportunities
The African Energy Week (AEW): Invest in African Energies conference has officially launched its 2025 program, covering strategic topics from upstream oil and gas to downstream infrastructure and distribution to the energy transition, power industry, energy finance and more. The program offers insight into what this year's edition will offer, as industry leaders, global investors, major operators and think-tanks convene in Cape Town to discuss Positioning Africa as the Next Global Energy Champion.
As the largest event of its kind in Africa, AEW: Invest in African Energies serves as a vital platform to sign deals and drive energy projects forward. This year's event offers an expanded program, featuring a variety of stages covering the entire energy value chain. Additional features include pre-conference workshops, a deal room, the return of the African Farmout Forum, technical hubs, fireside chats and more. The Just Energy Transition concert returns to kick off the week while the African Energy Awards & Gala Dinner celebrates movers and shakers in African energy.
One of the highlights of this year's conference is the G20 Energy Leaders Roundtable, which comes as South Africa hosts the 20th meeting of the G20 group this year. A series of country spotlights will also take place during the course of the week, covering markets such as South Africa, Senegal, Equatorial Guinea, Namibia and the Republic of Congo, as well as an OPEC roundtable featuring major OPEC-producers. A BRICS roundtable will examine the impact the group has on Africa's energy future while a COP 30 roundtable will discuss Africa's position ahead of the conference this year.
Africa's energy sector is more attractive than ever, as regulatory reforms, ambitious policies and long-term development strategies continue to entice spending. Total capital expenditure for the oil and gas industry alone is estimated to reach $43 billion in 2025, with spending set to reach $54 billion by 2030. AEW: Invest in African Energies 2025 features an energy finance stage, with discussions covering the African Energy Bank; investment trends in Africa and reducing barriers to entry. The stage will unpack Mergers & Acquisitions; financing cross-border projects; energy access and equity, among other topics.
As one of the final frontiers for oil and gas exploration, Africa is seeing a plethora of projects advance. West Africa is projected to lead oil and gas spending in 2025, accounting for over 50% of the continent's total expenditure. While established producers such as Nigeria remain dominant, emerging producers such as Senegal and Mauritania are attracting high levels of investment. In Southern Africa, Namibia targets first oil by 2029 while South Africa seeks to unlock discoveries in both its offshore basins and onshore shale prospects. Zimbabwe targets onshore gas production while Mozambique advances its pipeline of large-scale LNG projects. AEW: Invest in African Energies Upstream E&P Forum will examine the continent's exploration hotspots. Panels include onshore and shallow water potential; the resurgence of Libya; onshore basins to watch; the outlook for LNG; and deepwater plays.
Amid the continent's oil and gas drive, Africa also seeks to advance a just energy transition, Countries such as Mauritania, Namibia and South Africa are spearheading large-scale green hydrogen developments while solar and wind developments offer increased accessibility for remote communities. Gas-to-power is a central feature of the continents just energy transition, with Algeria, Nigeria and Egypt leading the charge. The AEW: Invest in African Energies Energy Transition stage will unpack strategies for decarbonizing while boosting industrialization. Topics include addressing energy security and climate commitments; clean cooking opportunities; local content; integrated ESG, and more.
As Africa seeks to make energy poverty history by 2030, a fundamental industry is the power sector. Efforts are underway across the continent to revitalize power infrastructure, with both grid-connected and off-grid projects advancing. International partners have a role to play in supporting power projects and the AEW: Invest in African Energies Powering Africa stage will address this. Topics include energy leaders dialogue; energy efficiency; bridging the electricity gap; energy diversification; and integrating renewables into the energy mix.
“Africa is on the cusp of an energy revolution, and AEW: Invest in African Energies is where the deals that will define our continent's future are made. We remain committed to making energy poverty history by 2030, and through this event, we are accelerating the partnerships and policies that will make that vision a reality,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.
Visit www.AECWeek.com to download your copy today.
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit http://www.AECWeek.com for more information about this exciting event.
Distributed by APO Group on behalf of African Energy Chamber.
UK Looks to Deepen Energy Trade, Investment Ties with Africa
Trade relations between the UK and Africa are gaining momentum. Last month, UK Minister for Trade Policy and Economic Security Douglas Alexander visited South Africa and Botswana to strengthen trade ties and create opportunities for businesses on both sides. The UK aims to expand trade and investment across the continent, fostering mutually beneficial growth by addressing trade barriers, facilitating exports and supporting trade-focused development programs. With South Africa as the UK's largest trading partner in Africa and set to assume the G20 Presidency, this marks an important moment for deepening economic collaboration.
This builds on the UK's 2019 Economic Partnership Agreement (EPA) with the Southern African Customs Union member states – Botswana, Eswatini, Lesotho, Namibia and South Africa – and Mozambique. This agreement eliminates tariffs and quotas on all goods imported from these countries into the UK, facilitating smoother trade relations and economic cooperation. The EPA aims to bolster economic ties and create a conducive environment for investments, including in the energy sector.
The UK is expanding its engagement across Africa, including in West and North Africa. In February 2024, it signed the Enhanced Trade and Investment Partnership (ETIP) with Nigeria – the first such agreement with an African nation – marking a significant milestone. The partnership builds on a trade relationship valued at £7 billion in the year leading up to September 2023. The ETIP focuses on key sectors such as financial and legal services, fostering economic growth and attracting investment across industries, including energy.
Globeleq, a UK government-backed independent power producer, has been instrumental in advancing gas-powered energy projects across Africa. Alongside its 153 MW Red Sands project in South Africa – set to become the continent's largest standalone battery energy storage system – the company recently acquired a stake in a solar plant at Egypt's Benban Solar Complex and secured $99 million in debt financing for Mozambique's first wind project. Supported by shareholders such as British International Investment and Norfund, Globeleq continues to invest in upgrading existing assets and developing new utility-scale power projects, strengthening Africa's energy infrastructure.
In the oil and gas sector, bp achieved first gas from the Greater Tortue Ahmeyim LNG project offshore Senegal and Mauritania at the start of this year, marking a major step in boosting regional energy production and supply. Shell is advancing its $5 billion Bonga North deepwater project in Nigeria and, alongside bp, has agreed to cover operational costs for the buyer of South Africa's Sapref refinery – a move that could revitalize the country's largest refinery and secure oil supply. Meanwhile, Harbour Energy, one of the UK's largest independent oil and gas companies, is looking to expand into African markets following its acquisition of concessions in Egypt's Nile Delta and the Mediterranean Sea.
The UK is also a major investor in Africa's clean energy sector and a key partner in the Mission 300 initiative to expand electricity access to 300 million people by 2030. Last month, British International Investment (BII) committed £5.3 million to UK cleantech firm MOPO to scale battery rental operations in the Democratic Republic of the Congo, where over 80% of the population lacks electricity. In December 2024, BII and GuarantCo announced a $500 million renewable power deal with South Africa's Etana Energy, providing $100 million in guarantees to support the country's largest energy wheeling framework and unlock new projects. Beyond direct investments, the UK government continues to provide funding and technical assistance for energy infrastructure projects across Africa, aiming to improve energy reliability and efficiency, drive economic growth, and enhance the quality of life for local communities.
As a G20 member, the UK plays a pivotal role in shaping global energy investment strategies, with Africa positioned as a key partner in its trade and energy agenda. The UK's investments in oil and gas, renewables and energy infrastructure align with broader G20 goals of energy security, sustainability and economic growth.
“These initiatives not only strengthen the UK's economic ties with Africa, but also support the continent's transition to cleaner, more reliable energy. With African Energy Week: Invest in African Energies 2025 set to convene global stakeholders, the UK's role in advancing energy partnerships will be in focus, offering a platform to drive further investment, policy collaboration, and infrastructure development across Africa's energy landscape,” says Johnson Kayode Obembe, Director of Sales and Partnerships, African Energy Week.
AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.
Distributed by APO Group on behalf of African Energy Chamber.
South Africa’s G20 Presidency for 2025: A Catalyst for Energy Investment in Africa
In 2025, South Africa will hold the rotating presidency of the G20. Given its position as Africa's most industrialized nation and an energy hub, South Africa's leadership could play a pivotal role in attracting investment to the continent's energy sector. By leveraging its G20 platform, South Africa can push for increased funding from global partners, particularly for natural gas projects, which are critical for Africa's energy security and economic development.
While renewable energy is rapidly expanding across the continent, Africa continues to rely heavily on coal, oil and natural gas to meet growing demand and drive economic growth. Gas is increasingly viewed as a cleaner transitional fuel in Africa's energy mix, and many G20 nations are leading investment in gas exploration and production across the continent. For instance, the U.S. Export-Import Bank, U.K. Export Finance, China Development Bank and Japan Bank for International Cooperation, among other lenders, have played a key role in financing TotalEnergies' $20 billion Mozambique LNG project. Additionally, several G20 countries are driving further investment, with Italy's Eni developing new LNG facilities in the Republic of Congo, bp expanding operations in Senegal and Mauritania, Norway's Equinor advancing the Tanzania LNG development and ExxonMobil spearheading Rovuma LNG in Mozambique. South Africa can advocate for G20 nations to increase their financial backing for new gas projects, which have the potential to boost production, enhance energy security and attract much-needed investment to the continent.
While natural gas is essential for Africa's energy security, combining it with renewable energy sources could help diversify Africa's energy mix. South Africa's own experience with large-scale energy projects, such as its successful Renewable Energy Independent Power Producer Program, can serve as a model for blending financing and developing both gas and renewable projects. By advocating for mixed investment, South Africa can show G20 nations that supporting a variety of energy sources will allow Africa to meet its energy demands while transitioning toward greener energy.
In addition to advocating for investment in specific projects, South Africa can focus on creating favorable conditions for financing. One way to achieve this is by encouraging the G20 to support debt relief or concessional financing for African countries with high debt burdens. This would free up resources for governments to invest in energy infrastructure and allow them to prioritize projects that will improve energy access and support economic growth. South Africa could work closely with organizations like the World Bank, IFC, BRICS Bank, European Investment Bank and more to unlock financing mechanisms that reduce the risk for international investors.
The role of South Africa's G20 presidency in facilitating greater engagement between G20 nations and African energy markets cannot be overstated. By using its platform to promote key energy projects, South Africa can attract much-needed investment for both traditional oil and gas and clean energy developments. At the same time, it can help establish new financing structures that make these projects more attractive to investors. African countries like Nigeria, Angola, the Republic of Congo, Senegal, Namibia and Mozambique stand to benefit from increased G20 support for their oil and gas sectors, and other African nations can follow suit by aligning their own energy priorities with the goals set forth by South Africa during its presidency.
This year's African Energy Week (AEW): Invest in African Energies conference in Cape Town serves as a key platform for attracting global attention and investment to Africa's energy sector, facilitating discussions among G20 nations, financial institutions and energy companies. AEW acts as a conduit for driving investment into critical energy projects, positioning South Africa as a catalyst for sustainable development across the continent while ensuring Africa's energy needs are met. With South Africa's G20 presidency presenting a unique opportunity to secure crucial investments in Africa's energy sector, the 2025 edition of AEW is more significant than ever. By leveraging this platform to advocate for financing and foster partnerships between G20 nations and African energy producers, South Africa can play a pivotal role in advancing the continent's energy future and contributing to global energy security.
AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.
Distributed by APO Group on behalf of African Energy Chamber.
What to Expect at African Energy Week 2025
Africa is on the precipice of accelerated growth, with major energy projects and untapped resources creating an attractive environment for project developers and financiers. With the continent's energy demand projected to more than double by 2050 and fossil fuels expected to comprise up to 60% of the energy mix by 2040, there lies a strategic opportunity for companies to invest, energy portfolios to grow and countries to reap the rewards of their oil, gas and energy resources.
Returning for its next edition from 29 September to 3 October at the Cape Town International Convention Center, the African Energy Week (AEW): Invest in African Energies conference serves as the leading platform for deal-making, energy partnerships and investments. Building on the success of its previous editions, the event offers a platform for capital and technology to be directed towards African energy projects. In 2025, the event returns bigger and better than before.
Greater Focus on Projects, Emerging Opportunities
With 2025 promising to be an impactful year for Africa's energy sector, the AEW: Invest in African Energies conference will further catalyze development by connecting investors to African projects. On the project front, a slate of major developments is either progressing or will begin operations. These include the second phase of the Congo LNG project; the full operation of the Greater Tortue Ahmeyim development in Senegal/Mauritania; the launch of the Cabinda Refinery in Angola; appraisal drilling in Namibia's Orange Basin, and many more. Strategic developments such as the East African Crude Oil Pipeline, the Mozambique LNG project and exploratory drilling continent-wide require capital, highlighting emerging opportunities for global financiers.
Additionally, Africa's 2024/2025 licensing rounds signal a renewed drive to position the continent as a leading frontier. In North Africa, Libya plans to launch a bid round featuring 22 blocks, Egypt plans to host an international bid round for 12 exploration blocks while Algeria will launch a tender featuring 6 onshore blocks. In West Africa, Mauritania, Nigeria and Liberia will launch licensing rounds, while in Southern Africa, Angola will offer 9 blocks for exploration, Namibia is rolling out a new open-door policy and Tanzania will promote 24 oil and gas blocks in March 2025. These opportunities will be on display at AEW: Invest in African Energies 2025, creating an in-roads for new players.
Uniting Stakeholders to Make Energy Poverty History by 2030
As the largest energy event on the continent, AEW: Invest in African Energies convenes energy, finance and policy stakeholders from the global and African markets. From presidents and ministers to explorers and infrastructure developers to financiers and technology leaders, the event serves as the premier event for the African energy sector. This year, the event offers an expanded program, covering strategic topics such as frontier exploration, refining and processing, power development and connectivity, green hydrogen, regulation and skills development. Speakers will not only address the pressing challenges impacting the continent's energy progress but showcase the range of investment opportunities available across the continent. AEW: Invest in African Energies is where African governments meet, international energy firms sign deals, and local companies drive the next wave of energy development in Africa.
Collaborating for a Just Energy Future
While the world prioritizes the development of renewable energy over traditional energy sources, African countries seek to drive a just energy transition that incorporates a variety of energy solutions. AEW: Invest in African Energies not only promotes a just transition in Africa but offers a platform where global and African energy stakeholders can forge a new pathway for the continent. Discussions in Cape Town will center on strategies for accelerating industrialization, how technologies such as gas-to-power and LNG can reduce emissions while bolstering energy security, and the impact of integrated energy systems on African economies. By driving a narrative of inclusivity, AEW: Invest in African Energies fosters collaboration, partnerships and cross-sector investments.
Policy Alignment, Global Engagement
To attract fresh investment in African energy projects, a slate of countries has enacted policy reforms to strengthen transparency and investor certainty. Nigeria signed the Petroleum Industry Act into law; South Africa launched a new petroleum company; the Republic of Congo is preparing to launch a Gas Master Plan; while Algeria has strengthened regulation to attract local participation in oil and gas projects. In conjunction with improved fiscal terms and rules of engagement, these policies have significantly enhanced the business environment in Africa, making 2025 a strategic year to invest in African energy.
For more information about AEW: Invest in African Energies 2025, visit www.AECWeek.com.
Distributed by APO Group on behalf of African Energy Chamber.
Surging Investment, Waves of Change
By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org/).
I've said for years that African energy is a vital investment. Backers clearly agree — to the tune of USD47 billion. That's how much capital expenditure (capex) 2024 saw in African oil and gas, showing a 23% increase from last year. Better yet, we expect growth to continue through the end of the decade.
This capex activity is a welcome sign that energy majors are deepening their long-term interests in Africa. And as our 2025 State of African Energy report details, their momentum has created unique opportunities for local communities, indigenous companies, and national oil companies (NOCs) from other continents.
Emerging Players
While the majority of 2024's capex was driven by established producers like Angola and Nigeria, emerging players are making noise in the industry. Take Senegal, which saw its first offshore oil production this year. Ghana, following a five-year slump, increased oil output during 2024 by 10% and gas output by 7%.
Exploration hotspot Namibia also deserves a special mention: The Southern African nation aims todrill over 12 offshore wells next year, begin production by 2029, and become one of the top-five African producers by the 2030s. Good work for a nation that only discovered its enormous reserves in 2022! I frequently cite Namibia because it proves that a complete newcomer can attract serious foreign investment with smart, swift policy changes — and poise itself to shake up the energy industry.
Increased Exploration
An exciting question remains: Just where will we find the next Namibia Thanks to a resurgence in exploration, another hotspot may be around the corner. There were 1,060 wells drilled in Africa this year — more than any time since 2015. Africa has also become a global leader in drilling high-impact wells, which have the potential to significantly increase overall reserves. That strategy is already paying off: Notable 2024 finds include Namibia's Mopane complex, which holds approximately 10 billion barrel of oil equivalent (boe) – “one of the world's largest offshore finds,” according to Offshore Magazine. Even while global exploration as a whole remains stagnant, Africa is stepping up to meet growing energy demands.
When exploration is successful, new fields follow. We also expect to see African greenfield spending exceed brownfield by 10% by 2030. These capex trends all demonstrate that investors won't limit themselves to mature fields: Eyes are on fresh locations, fresh facilities, and fresh opportunities in Africa.
A Gas Future
As we highlight in our 2025 report, one of those opportunities is natural gas. Africa holds nearly 18 trillion cubic meters of reserves, which will prove essential for a just energy transition as natural gas can provide significant near-term emissions reductions while fostering energy security and economic development. Global demand for this clean-burning resource is also growing, particularly in Asia. That's why I'm glad to see a greater emphasis on developing natural gas resources. In 2023, capex spending on natural gas was about 30%, but this is projected to grow 10% by 2030. It's another sign that more investors are thinking in the long term about Africa, and interested in being part of a just energy transition.
Take Senegal, where the Greater Tortue Ahmeyim gas field will begin production next year. A Final Investment Decision is also expected in 2024 on Yakaar-Teranga. The West African nation is another fantastic example of how operator-friendly policies, political stability, and vast reserves can attract significant foreign investment: I'm excited to see Senegal transform itself from an oil importer to a gas exporter.
M&A Opportunity
The past year saw a huge increase in divestment by O&G majors: Large IOCs are aggressively streamlining their African portfolios. As a rule, they're selling mature, high-emission, and high-cost assets. While large divestments often signal trouble, they're actually creating some promising changes for African O&G.
For one, Asian and Middle Eastern nations are purchasing more assets: Dubai, Qatar, the U.A.E., Malaysia, and Chinese NOCs acquired stakes in Egypt, Mozambique, Namibia, Kenya, and South Africa this year. As global demand for energy grows, particularly in Asia, I'm glad to see these nations looking to Africa for long-term solutions.
Foreign divestment also matters because it's creating opportunities for indigenous companies. Thanks to a recent Shell acquisition, Aradel Holdings became Nigeria's most valuable oil company (https://apo-opa.co/3ZVzGwh). In Angola, IOC Afentra has acquired Azule's (a joint BP and Eni venture) assets and plans to dramatically increase the nation's overall output.
“Having the big players sell to independents is the future,” oil trader Trafigura said in a statement.
It's a promising pattern: Majors sell off mature assets and use the capital to invest in fresh fields and facilities. Independent foreign or indigenous companies use their acquired assets to expand but are spared the expense of building facilities from the ground up. These smaller companies are also strongly motivated to further develop and reduce emissions from these existing fields — an environmental and financial win for everyone.
The Angolan government clearly agrees, encouraging regional players with tax incentives and reduced government profit shares. It will be truly fascinating to watch this industry shakeup in Nigeria and Angola, which have been dominated for decades by majors.
It's no secret that Africa needs O&G majors to stay: They drill over half of our exploration wells and hold a quarter of the continent's equity production. However, I'm thrilled to see indigenous companies growing and harnessing these assets to their fullest extent.
Conclusion
Just what prompted this surge in African capex? A great deal of credit goes to common sense policy changes in nations such as Namibia, Senegal, Mauritania, Egypt, and Angola. We can also point out that the COVID-19 pandemic artificially slowed capex for several years, so an uptick was inevitable once the world opened up again.
However, I believe a lot of it comes down to economic reality: Global energy needs are rising. Africa has vast, untapped resources. I urge all parties to continue building a thriving energy industry that takes Africa – and the world – into the next century.
For further insights, check out our 2025 State of African Energy report here (https://apo-opa.co/3ZHldTr).
Distributed by APO Group on behalf of African Energy Chamber.
SAYeTECH Wins the MEST Africa Challenge 2024, Securing $50,000 in Funding
The Meltwater Entrepreneurial School of Technology (MEST Africa) (www.Meltwater.org) has announced SAYeTECH (https://SAYeTECH.io) as the winner of the MEST Africa Challenge (MAC) 2024. The MAC 2024 grand finale marked the culmination of the competition, which celebrated innovative AgriTech solutions driving change in West Africa. Hosted in partnership with the Norwegian Embassy in Accra, this year's theme, ‘Find Your Soil,' focused on AgriTech innovation in the region.
MAC 2024 attracted applicants from key markets in the West African Region including Benin, Cape Verde, Côte D'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mauritania, Nigeria, Senegal, Sierra Leone, Mali, and Togo. Six standout finalists were selected to pitch their groundbreaking agricultural technology solutions, all aimed at enhancing productivity and sustainability in the region.
SAYeTECH, a Ghanaian startup led by Theodore Ohene-Botchway, won the grand prize for its innovative agricultural machinery tailored to African conditions, securing $50,000 in equity funding to scale its operations.
“The funding will enable us to scale production and reduce delivery lead times, providing smallholder farmers with the equipment they need to increase productivity,” said Ohene-Botchway.
As MEST continues to deepen its influence on Africa's tech startup landscape, the MEST Africa Challenge remains the continent's premier pitch competition for emerging tech entrepreneurs. The competition is designed to provide the ideal environment for tech innovators and startups to grow and succeed.
“AgriTech innovation thrives when it's rooted in the right environment. ‘Find Your Soil' is about helping innovators find the ecosystem where they can grow. Through the MEST Africa Challenge, we provide the visibility, partnerships, and support to help them succeed,” said Ashwin Ravichandran, Portfolio Advisor, MEST Africa.
MEST Africa is committed to creating wealth and jobs in Africa by fostering digital skills, supporting startups, and providing access to global networks. For more information, visit www.Meltwater.org.
Distributed by APO Group on behalf of The Meltwater Entrepreneurial School of Technology (MEST Africa).
Media Contact:
Ophesmur Naa Adjeley Adjei
Communications and Community Manager
E-mail: marketing@meltwater.org or Ophesmur@meltwater.org
About MEST Africa:
The Meltwater Foundation, established in 2008, is the non-profit arm of the global media intelligence company, Meltwater. With a clear mission to foster job opportunities and stimulate economic growth in Africa through software entrepreneurship, the Foundation is based in Accra, Ghana. The flagship program, MEST, offers a 1-year specialized tech entrepreneurial training to high-caliber talent from over 22 countries including Nigeria, Kenya, South Africa and Senegal; and invests in early to growth-stage startups.
Dismissed and Ignored: Keys to an African Lobby Group’s Success Being Overlooked by Climate Activists and Africa Oil Week
By Ajong Mbapndah L.
In 2021, the citizen-driven African Energy Chamber-AEC (www.EnergyChamber.org), and its unapologetic position in support of the right of African countries to produce oil and gas spread like wildfire. They adopted a narrative of Drill Baby Drill shocking most western political establishment, African elites and pundits.
Within a short time, well funded backers were leaping at the chance to harness this new display of African public power backing the oil and gas industry led by a charismatic and well-connected US trained lawyer NJ Ayuk. He talks like a southern Baptist preacher and trial lawyer and religiously wears only cowboy boots. Ayuk had been mentored at the University of Maryland by Dr. Ron Walters, who was Jesse Jackson's campaign Manager and at William Mitchell College of Law by John Radsan who was Assistant general counsel of the C.I.A under George W Bush. In 2013, he became part of Global Shapers, a non-profit foundation created by the World Economic Forum to unite a community of young leaders. In 2015, he was named among the 10 most influential men in Africa by Forbes magazine.
Eventually, hundreds of energy groups across Africa translated their collective strength into substantial results, putting a message engineered by the African Energy Chamber to influence African political establishment to back the oil and gas industry during COP and also provide incentives for oil drillers. Oil and natural gas is not a dirty word in Africa thanks in large part to the crusade of the African Energy Chamber.
It's true that the AEC's anger at western wokeness and transition plans sometimes came across as extreme. While they showed that African voices can impact energy policy and international discourse, they may have also set the stage for increased divisiveness in a polarised energy discussion across the world. In some instances, observers believe the AEC pressured African leaders into backing a capitalist driven oil and gas industry at the expense of green energy. They gave home to Trump loyalist who wanted to deal with Africa.
Given even sharper language in 2021 and 2022, it's perhaps more important than ever to understand that the AEC's success wasn't dependent solely on hostility. Behind the scenes, the story is a bit more complex. And love them or hate them, the AEC showed that African voices really can add up to something big.
So, how did the AEC turn regular, even highly cynical, Africans into an army of engaged people defending the interest of Africa and oil and gas investors in Namibia, Nigeria, Angola, South Africa, Equatorial Guinea, Libya, Senegal, Algeria, Mauritania, Ghana, Mozambique, Uganda and many more countries? Here are some strategies that set the AEC apart, gained it instant attention, and built—in short order—real power.
These strategies aren't really secret, of course, or even necessarily new, but the AEC offers lessons that any grassroots group would be wise to review even when it is a capitalist organisation. After attending African Energy Week in Cape Town and talking to observers you understand a few things.
The AEC Gave Good Content And Sweets To The Media
The AEC content and position or energy transition and oil and gas were irresistible political theater for news media. Some of the early success was about novelty. An unusual African protest movement, featuring not only Africans but older, whiter, more conservative Europeans and Americans who weren't used to taking their views in public (that kind of action was considered by many whites, the domain of hippies and Lefties).
But beyond that, members' intensity and authenticity were key factors: their heart and soul, their true colors were on display and the media couldn't get enough. The AEC got massive coverage. Their members loudly embraced slogans and symbols, and most were extremely passionate and vocal. They demonstrated their commitment in authentic, home-spun ways that made great TV footage—that is, by brandishing provocative Drill Baby Drill signs. The attention they earned was tremendously exciting for participants, and when events garnered headlines, they encouraged others to join in and start AEC groups of their own in Nigeria, Namibia, Ghana, Equatorial Guinea, Angola, Senegal and Algeria.
The AEC Gave Africans A Safe Haven To Oppose A Western Driven Anti Oil And Gas Agenda
Many Africans were anxious about longstanding cultural shifts they felt were occurring in the climate change culture and strong calls to abandon oil and gas. Africans still have to deal with energy poverty issues and also industralisation that is lagging behind in the continent.
According to the International Energy Agency (IEA), more than 600 million Africans lack access to energy, around 900 million are without clean cooking. To solve this the African Energy Chamber has aggressively lobbied and pushed African nations to embrace an “All of the Above” energy strategy—which supports greater domestic production of oil and natural gas, renewable and nuclear energy, and critical mineral mining—would help to provide energy access and encourage development and job creation.
For many Africans, speaking their minds in public was daunting and unfamiliar. The AEC events prompted many people to speak out in public for the first time. People who had felt shut out, misunderstood, and alienated were encouraged to vent their frustrations and talk about themselves, their families, and what they wanted—and into a microphone, no less! Great early set up and as crazy as it sounds it worked.
Africans and oil industry for once felt safe. The western oil companies had found “their people.” Their voices finally mattered. Western oil companies felt for once that an African organisation spoke to their issues. The AEC spoke from the heart through their press releases.
Most importantly, speaking out made them feel like proper, boisterous Africans having their say.
The AEC Kept It Simple And Never Strayed Away From Its Core Purpose
The AEC has been laser focused on its core message around free markets, Drill Baby Drill, individual liberty, fiscal responsibility, and limited government intervention in the energy markets. They have been virtually lock stepped in agreement that these issues—and only these—were their primary focus.
Motivated largely by opposition to a radical energy transition that does not consider Africa's energy poverty needs and development, they built a solid and well-structured case against what they saw as a radical overreach by western governments. These values resonated powerfully with conservative whites and corporations in America and Europe who rallied support for the AEC, help sharpened their message and represent an agenda that any group could buy into. By sticking to these values, they avoided getting bogged down in arguments over more contentious issues that could divide, delay, or sidetrack their core base.
You need to watch how NJ Ayuk the Executive Chairman Keeps a clear and narrow focus and invites more people in and avoids alienating others over inevitable differences. By experimenting with this stripped-down approach, they have been able to avoid quibbles about top priorities and fast-forward to high-impact activities across Africa.
The AEC Built Its Muscle By Picking Fights It Could Win
While the rhetoric of the AEC favored sweeping Pan African change on how oil and gas industry is viewed and a rejection of western climate action, their actual achievements were huge, and they basically got the IEA and western governments to start listening to Africans. They got African Presidents and Ministers to be bold in their defence for oil and gas sector. They became the premier lobbying house for the oil and gas sector in Africa. They figured out where they could have an immediate impact and put their energies into small wins. Case in point, in 2021, Hyve group made a brutal and arrogant move of taking Africa Oil Week (AOW) to Dubai. The AEC saw an opportunity and produced a textbook rebuke of this British group. It recruited Blackwater's Erik Prinz, Robert Stryk Ryan Zinke (Trump's interior secretary) various American congressmen and former US Ambassadors to speak at its rival African Energy Week in Cape Town. They quietly built a relationship with the American Petroleum Institute and other US oil and gas groups and support came strong from the oil and gas companies like ExxonMobil, Total Energies, Chevron and many others. Since then, the Africa Oil Week brand by Hyve group has seen a gradual death with most of its staff defecting to the AEC or other companies. In 2023, sensing change the Biden administration deployed Joshua Volz, Deputy Assistant Secretary for Africa to attend the African Energy Week and meet with the African energy sector. American official Joseph McMonigle, Secretary General, International Energy Forum also gave a keynote speech at the event.
Small wins like African Energy Week or getting governments to approve projects for oil companies in a speedy format, gave the AEC the taste of victory and built momentum. And all the little victories tallied around Africa added up to a greater voice for the AEC. The AEC also scored strong victories across Africa for incentives to oil companies, getting them permits, license extensions, reduction in taxes, and passion oil friendly reforms.
Most organizations have broad, high-level goals, but it's worth remembering that every small victory can help pave the way in the direction you're going. In fact, you may want to purposefully pick a small, winnable fight, especially as you're getting started.
Climate Group Reaction
Climate activist have been stunned because they dismissed and overlooked the AEC. Climate activist and their allies ignore the AEC as it built a 4 million membership base something of a dream for any group. They decided to pummel the AEC and its leadership with a volley of attacks on the media then demonstrations at the AEC office and also in Cape Town. And yet from the blowback that erupted once the attacks started Africans rallied around the AEC and supported the AEC. Climate activists were surprised that an oil lobby group in Africa was being seen as innocent civilian under assault by a drone western activist. Green groups and their negativity were self-destructive and made it difficult for them to push a green energy message in Africa which a continent that has great potential for renewables.
Only at the African Energy Week will you have a closing panel with Oil and Gas stalwarts like Bruno Jean-Richard Itoua, Minister of Hydrocarbons of the Republic of Congo, Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil) of Nigeria, NJ Ayuk of the AEC, Florival Mucave, Executive Chairman of the Mozambique Oil & Gas Chamber, Eric Williams, Principal Consultant and President at Royal Triangle Energy Solutions inviting climate change zealots like David Le Page, Director-Coordinator at Fossil Free South Africa.
When I come to your events, I am booed and vilified, but here at the African Week, we welcome debates and diverse opinions and people even cheer for you when you make points, NJ Ayuk reminded David Le Page who looked flummoxed at the buoyant atmosphere and civility that greeted his presence.
“There is an amazing opportunity to transition as quickly as possible to renewable energy – if we can find the finance, and any new developments of oil and gas, no matter where they are developed in the world, risk the chance of pushing us past the point of stability, Le Page said.
Africa only accounts for 3% of global greenhouse gas emissions, NJ Ayuk schooled Le Page. “We need oil. We are not saying that we do not welcome solar, wind and renewable energy, but we understand the intermittent nature of these technologies. With oil and gas, you create a market where people do things for themselves rather than relying on others,” Ayuk said.
The Bottom Line: Restore Africans' Trust In Their Own Energy Sector.
So many people in the Africa and its energy sector feel isolated, frustrated, and powerless. Despite this, no matter how cynical or checked out they get, and no matter how divisive things seem, the vast majority of Africans still have faith in a foundational part of the oil and gas industry thanks to the AEC. Africa Oil Week has been sold to Paul Sinclair and he exited quietly to Ghana as the brand faces a natural death. Many observers wait to see what the AEC opinion on Hyve Group and Mining Indaba is. Will the AEC make a move?
Whatever you think of the AEC, one thing it did was restore trust in Africa's oil industry, showing that the grassroots—the public—can make a difference. Regular people who had long felt shut out of the process flexed their civic muscle in the AEC, and they saw quick and enormously satisfying results.
Distributed by APO Group on behalf of African Energy Chamber.
AEW 2024 Hydrogen Summit Highlights Collaboration as Key to Investments
Africa's abundant energy potential, coupled with Europe's ambitious production and import goals, have resulted in the development of a burgeoning global green hydrogen economy. Africa currently has 125 GW of hydrogen capacity with major contributors including Egypt, Mauritania, South Africa, Morocco, Namibia and Kenya – a group of nations that form part of the Africa Green Hydrogen Alliance group.
A dedicated panel session titled, Hydrogen Summit: Unleashing the African Green Hydrogen Revolution, at this year's African Energy Week: Invest in African Energies 2024 conference explored the significant role that hydrogen plays in the future of African energy. The panel noted that the EU market represents the largest commercial opportunity for hydrogen projects on the continent, with international collaboration being highlighted as a key strategy towards driving the sector forward.
“We need to see more countries establish key terms to create a platform for knowledge sharing,” stated Africa Green Hydrogen Alliance liaison Joyce Kabui, adding, “The support here depends on the scale of collaboration in the green hydrogen space.”
Mauritania has emerged as one of the world's top green hydrogen investment destinations. The country has effectively captured 1.5% of the global hydrogen market with 3 of its major hydrogen developments – the 30 GW AMAN development, 35 GW Megaton Moon project and 10 GW Project Nour development by renewable energy developer Chariot Energy Group, which collectively contribute to the country's objective of producing 12.5 million tons of green hydrogen annually by 2035.
“In Mauritania, we've managed to prove renewable resources and understand energy profiles available from natural resources to supply the value chain,” stated CWP Global Vice President of Project Development Africa, Margaret Mutschler, adding, “We've conducted environmental studies and baseline studies in countries like Mauritania that is relevant in other countries as well.”
Meanwhile, South Africa's government has recognized green hydrogen as a key aspect of the country's just energy transition. It has introduced the Hydrogen Society Roadmap to serve as the industry's framework to facilitate large-scale investments in the sector.
“If you look at hydrogen as a source, it's underpinned by the hydrogen roadmap that the government has begun to drive,” stated General Manager of Energy Projects at South Africa's state-owned Central Energy Fund, Sifiso Msabala. “There is a focus on hydrogen in this country and we understand the issues that are inhibiting progress. We know that South Africa is a great country to contribute to the global hydrogen industry.”
Louis Andzouono, Head of Database Department at the Republic of the Congo's state-owned Société National des Pétroles du Congo (SNPC), expressed his country's commitment to driving a sustainable green hydrogen sector. The parastatal company received authorization from the government last year to explore the development of a green hydrogen market in the country.
“The SNPC is confident that its promotion of green hydrogen will succeed and thrive,” Andzouono stated, adding, “We assume the missions and projects of the state will guarantee a serene future for the Congolese people through structure and eco-friendly projects.”
The panelists noted that supportive policies and international collaboration will bolster Africa's green hydrogen economy, potentially attracting investments and improving resource capacity.
Distributed by APO Group on behalf of African Energy Chamber.
AEW Highlights Critical Minerals Role in African Renewables Growth
Africa must expand its renewable energy manufacturing capabilities and leverage its critical minerals to foster growth in its renewables sector, according to James Mackay, Managing Director at the Energy Council of South Africa.
Speaking on a panel discussion during African Energy Week: Invest in African Energies' Pre-Event Technical Workshops, Mackay said the high cost of renewables in Africa could be lowered by enhancing local manufacturing capacity, making vital technologies more accessible for project developers.
“Egypt is currently leading in solar manufacturing, but other African governments should work to attract investments and implement policies that incentivize manufacturers to establish operations on the continent,” stated Mackay.
Carlos Torres Diaz, Senior Vice President & Head of Gas and Power Markets Research, Rystad Energy highlighted Africa's youthful workforce as a strategic advantage in developing innovative solutions required to harness the continent's 30% share of global critical minerals. According to Diaz, the focus is no longer solely on replacing fossil fuels but on integrating all energy resources and using digital tools to stabilize the power grid.
“Gas-to-power solutions remain essential for stability alongside renewables,” he noted.
Despite holding 40% of the world's total solar potential, Africa currently utilizes only 35% of its capacity, according to Nivedh Das Thaikoottathil, Senior Analyst – Renewables & Power at Rystad Energy. Thaikoottathil pointed out that Africa's ability to add value to its critical minerals will shape its potential to produce over 100,000 TWh of solar energy annually, potentially increasing the share of solar and wind from 8% today to 60% by 2040.
Commenting on high-growth renewable energy markets in Africa, Thaikoottathil said South Africa, Morocco, Egypt, Tunisia, Mauritania and Mozambique are the key players.
“We are seeing growing financing for renewable projects and new interconnectors between North Africa and Europe, with 24 GW of proposed capacity aimed at linking the regions,” he said.
AEW: Invest in African Energy 2024 is held alongside the Critical Minerals Africa Summit which will run from November 6 – 7 November in Cape Town, offering delegates access to the full scope of energy, mining and finance leaders.
Distributed by APO Group on behalf of African Energy Chamber.
Tanzania President, Merck Foundation Chairman and CEO with 15 First Ladies inaugurate their 11th Africa Asia Luminary 2024
- The 11th Edition of Merck Foundation Africa Asia Luminary was officially inaugurated by The President of the United Republic of Tanzania, H.E. Dr. SAMIA SULUHU HASSAN, Chairman of Merck Foundation Board of Trustees, Prof. Dr. Frank Stangenberg-Haverkamp and Merck Foundation CEO, Senator, Dr. Rasha Kelej.
- The First Ladies of Burundi, Cabo Verde, Central African Republic, Democratic Republic of The Congo, Gabon, The Gambia, Ghana, Kenya, Liberia, Malawi, Maldives, Mozambique, Democratic Republic of São Tomé and Príncipe, Zimbabwe and Zanzibar were the Guests of Honor and Keynote Speakers for the 11th Edition of Merck Foundation's Annual Conference.
- More than 6,000 healthcare providers, policymakers and media from over 70 English, French, Spanish and Portuguese speaking countries attended the Luminary through hybrid model to benefit from five parallel scientific and social sessions to advance healthcare capacity and awareness in 44 critical and underserved medical specialties.
- Celebrating 7th Anniversary of Merck Foundation and marking 12-year journey of their development programs, during 2024 Luminary.
- Link to Live Stream of Inaugural Session of Merck Foundation Africa Asia Luminary 2024: https://apo-opa.co/40tsLex
Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany, conducted the 11th Edition of their annual conference, “Merck Foundation Africa Asia Luminary”, under the patronage of The President of Tanzania, and in partnership with the Government of Tanzania on 29th and 30th October, in Dar es Salaam, Tanzania. The conference was officially inaugurated by H.E. Dr. SAMIA SULUHU HASSAN, The President of the United Republic of Tanzania together with Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of Merck Foundation Board of Trustees and Senator, Dr. Rasha Kelej, CEO of Merck Foundation, along with First Ladies of 15 Countries, who joined as the Guests of Honor and Keynote Speakers.
While inaugurating the conference, The President of United Republic of Tanzania, H.E Dr. SAMIA SULUHU HASSAN emphasized “I am delighted to host this prestigious conference in Tanzania. It is a great honor to inaugurate the conference alongside the First Ladies of Africa and Asia. I am certain that this conference will help us to achieve our shared mission — to make a transformation in the health and well-being of our people. I deeply appreciate the programs of Merck Foundation that are building healthcare capacity, breaking infertility stigma, and supporting girl education.”
Senator Dr. Rasha Kelej, CEO of Merck Foundation and Chairperson of Merck Foundation Africa Asia Luminary emphasized, “I am delighted to have Her Excellency, Dr. SAMIA SULUHU HASSAN, The President of the United Republic of Tanzania, inaugurate our annual conference. I also extend my heartfelt thanks to our partner, the Government of Tanzania, for their unwavering support in making it a success. Moreover, I am honored to welcome our esteemed Guests of Honor and Keynote Speakers, the First Ladies of African and Asian Countries, also the Ambassadors of the “Merck Foundation More Than a Mother”. Together, we shared experiences and engaged in meaningful discussions on the impact of our programs, aimed at transforming patient care and raising awareness on a wide range of critical social and health issues."
Prof. Dr. Frank Stangenberg Haverkamp, Chairman of Merck Foundation Board of Trustees added, “I would like to thank H.E. Dr. SAMIA SULUHU HASSAN, The President of Tanzania, our partners, The First Ladies of Africa and Asia, along with African Ministers, Health Experts, Policy Makers, Government Officials, Academia and Media from over 70 countries for joining hands with us to realize the Merck Foundation's vision that “Everyone can lead a Healthy and Happy life.”
The First Ladies of 15 Countries, who joined as the Guests of Honor and Keynote Speakers are:
- H.E. Madam ANGELINE NDAYISHIMIYE, The First Lady of the Republic of Burundi
- H.E. Dr. DÉBORA KATISA CARVALHO, The First Lady of the Republic of Cabo Verde
- H.E. Madam BRIGITTE TOUADERA, The First Lady of Central African Republic
- H.E. Madam DENISE NYAKERU TSHISEKEDI, The First Lady of the Democratic Republic of The Congo
- H.E. Madam ZITA OLIGUI NGUEMA, The First Lady of the Gabonese Republic
- H.E. Mrs. FATOUMATTA BAH-BARROW, The First Lady of the Republic of The Gambia
- H.E. Mrs. REBECCA AKUFO-ADDO, The First Lady of the Republic of Ghana
- H.E. Mrs. RACHEL RUTO, The First Lady of Kenya
- H.E. Mrs. KARTUMU YARTA BOAKAI, The First Lady of the Republic of Liberia
- H.E. Mrs. MONICA CHAKWERA, The First Lady of the Republic of Malawi
- H.E. Mrs. SAJIDHA MOHAMED, The First Lady of the Republic of Maldives
- H.E. Mrs. ISAURA FERRÃO NYUSI, The First Lady of the Republic of Mozambique
- H.E. Mrs. MARIA DE FATIMA VILA NOVA, The First Lady of the Democratic Republic of São Tomé and Príncipe
- H.E Mrs. MARIAM MWINYI, The First Lady of Zanzibar
- H.E. Amai Dr. AUXILLIA MNANGAGWA, The First Lady of the Republic of Zimbabwe
“I am proud to share that Merck Foundation has provided more than 2080 scholarships to young doctors from 50 countries in 42 critical and underserved specialties such as Oncology and Cancer care, Diabetes, Endocrinology, Cardiovascular, Fertility Care, Embryology, Sexual & Reproductive Medicine, Internal Medicine, Respiratory Medicine, Acute Medicine, Critical Care, Pediatric Emergency, Gastroenterology, Rheumatology, Clinical Psychiatry, Urology, Ophthalmology, General Surgery, Trauma & Orthopedic, Dermatology, Neonatal Care, Pain Management, Clinical Microbiology & Infectious Diseases, Advanced Surgical Practice, Neuroimaging for Research and more. Many of them are becoming the first specialists in their countries”, added Senator Kelej.
During the 11th Edition of Merck Foundation Africa Asia Luminary, two important occasions were marked; the 7th Anniversary of Merck Foundation and 12 years of Merck Foundation's development programs that started in 2012.
On the first day of the conference, the Plenary Session of the Merck Foundation Africa Asia Luminary 2024 took place, featuring a high-level panel discussion with the participating First Ladies of Africa and Asia. Moreover, two high-level ministerial panel discussion were held with African Ministers and top healthcare experts from across the globe.
The Day 2 of the conference will have five key parallel medical and scientific sessions, covering topics such as oncology, diabetes and hypertension, fertility and reproductive care, and medical capacity building in other specialties like respiratory care, acute care, emergency pediatric and neonatal care, and more. Additionally, a community awareness session, Merck Foundation Health Media Training, will be conducted for African journalists. This session will emphasize the critical role of the media in influencing communities and driving cultural change, with regards to a wide range of social and health issues like Breaking Infertility Stigma, Supporting Girls' Education, Stopping GBV, Ending Child Marriage & FGM, Empowering Women, Diabetes and Hypertension Awareness.
Countries participating in the 11th Edition of Merck Foundation Africa Asia Luminary include:
Angola, Bangladesh, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Canada, Central Africa Republic, Cambodia, Chad, Côte d'Ivoire, Republic of the Congo, Democratic Republic of the Congo, Egypt, Ethiopia, France, Gabon, Germany, Ghana, Guinea – Bissau, Guinea – Conakry, India, Indonesia, Kenya, Lesotho, Liberia, Malawi, Malaysia, Mali, Mauritania, Mauritius, Mexico, Mozambique, Myanmar, Namibia, Nepal, Niger, Nigeria, Peru, Philippines, Russia, Rwanda, Senegal, Sierra Leone, Somalia, South Africa, Sri Lanka, Sudan, Tanzania, Thailand, The Gambia, Togo, Tunisia, U.A.E, UK, Uganda, US, Vietnam, Zambia, Zimbabwe and more.
The 11th Edition of Merck Foundation Africa Asia Luminary 2024 is streamed live on the social media handles of Merck Foundation and Senator, Dr. Rasha Kelej, CEO of Merck Foundation:
@ Merck Foundation: Facebook (http://apo-opa.co/3Yq65sX), X (http://apo-opa.co/40p49nc), Instagram (http://apo-opa.co/3Uwqqvl), and YouTube (http://apo-opa.co/3NLGJAS).
@ Rasha Kelej: Facebook (http://apo-opa.co/3Uulqrf), X (http://apo-opa.co/3Yq65Jt), Instagram (http://apo-opa.co/40krkip), and YouTube (http://apo-opa.co/40nOp3t).
Link to the Facebook live stream of Inaugural Session of Merck Foundation Africa Asia Luminary & African First Ladies High Level Panel: https://apo-opa.co/40tsLex
Merck Foundation is transforming the Patient care landscape and making history together with their partners in Africa, Asia, and beyond, through:
• 2080+ Scholarships provided by Merck Foundation for doctors from 52 Countries in 42 critical and underserved medical specialties.
Merck Foundation is also creating a culture shift and breaking the silence about a wide range of social and health issues in Africa and underserved communities through:
• 3500+ Media Persons from more than 35 countries trained to better raise awareness about different social and health issues
• 8 Different Awards launched annually for best media coverage, fashion designers, films, and songs,
• Around 30 songs to address health and social issues, by local singers across Africa
• 8 Children's Storybooks in three languages - English, French, and Portuguese
• 7 Awareness Animation films in five languages - English, French, Portuguese, Spanish and Swahili to raise awareness about prevention and early detection of Diabetes & Hypertension and supporting girl education.
• Pan African TV Program "Our Africa by Merck Foundation” addressing Social and Health Issues in Africa through “Fashion and ART with Purpose” Community
• 700+ Girls from 15 African countries supported through scholarships or school items, annually.
• 15 Social Media Channels with more than 6 Million Followers.
Distributed by APO Group on behalf of Merck Foundation.
Contact details:
Mehak Handa
Community Awareness Program Manager
+91 9310087613 / +91 9319606669
mehak.handa@external.merckgroup.com
Join the conversation on our social media platforms below and let your voice be heard!
Facebook: https://apo-opa.co/3Yq65sX
X (Twitter): https://apo-opa.co/3O4YBa5
YouTube: https://apo-opa.co/3NLGJAS
Instagram: https://apo-opa.co/3Uwqqvl
Flickr: https://apo-opa.co/40nL051
Threads: https://apo-opa.co/3NJN9jN
Website: www.Merck-Foundation.com
Download Merck Foundation App: https://apo-opa.co/40njaFK
About Merck Foundation:
The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website. Please visit www.Merck-Foundation.com to read more. Follow the social media of Merck Foundation: Facebook (https://apo-opa.co/3UrWznZ), X (https://apo-opa.co/3NLcqtQ), Instagram (https://apo-opa.co/3UtDmlT), YouTube (https://apo-opa.co/3UqOAaF), Threads (https://apo-opa.co/3UvSCP8) and Flickr (https://apo-opa.co/3Yo1jfw).
The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors.
African Energy Chamber Reaffirms Commitment to Host AEW in Cape Town Through 2030
The African Energy Chamber (AEC) (www.EnergyChamber.org) – the voice of the African energy sector – is proud to announce that the African Energy Week (AEW): Invest in African Energy conference remains committed to hosting the African continent's most successful energy event in Cape Town. AEW was established in 2021 under the premise to make energy poverty history by 2030 and, now in its fourth immensely successfully edition, we remain devoted to keeping the event at Cape Town's International Conference Center (CTICC) until 2030.
Africa Oil Week (AOW) recently confirmed it will hold its 2025 edition in Accra, Ghana, and while we wish them the best in their endeavors, the Chamber is steadfast in its commitment to hosting AEW – the continent's premier energy event – in Cape Town. In 2021, AOW made the decision to take its conference to Dubai, citing the fact that Africa was not equipped to host a large-scale conference in a safe manner due to the COVID-19 pandemic. AOW claimed that the event is focused on supporting Africa's needs, and yet the decisions to leave Cape Town for Dubai contradicted this very ambition.
AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.
What AEW sought to prove, and was successful in doing, is that Africa has always been capable of hosting large-scale events. Under very strict COVID-19 safety measures, AEW 2021 hosted delegations from both the African and global energy sector. In 2022, the conference attracted thousands of delegates, while in 2023, the conference supported an even bigger and better event. When Africa needed investment, AEW was quick to respond, providing a platform where stakeholders could meet, and deals be made.
Now, in 2024, AEW: Invest in African Energy continues our mandate to eradicate energy poverty by 2030 and serves as the official meeting place for Africa's energy elite. At the forefront of the African energy industry, the conference promotes the role Africa plays in global energy matters, centered around Africa-led dialogue and decision making. That's why we remain committed to Cape Town, a city that represents an industrial, business and socioeconomic hub for the entire African continent. Furthermore, AEW's focus transcends South Africa, with the event recognizing and supporting the development of various oil and gas projects across the continent.
South Africa, and notably Minister Gwede Mantashe and the Department of Mineral Resources and Energy have been steadfast supporters of AEW since its inception in 2021. Through our partnership with the City of Cape Town and the government, we have created numerous job opportunities in Cape Town, contributing significantly to the local tourism industry and Cape Town-based vendors alike. We remain committed to our promise to position Cape Town as the hub for oil, gas and energy discussions in Africa.
We reaffirm our pledge to maintain AEW's presence in Cape Town, rather than relocating to Dubai or other destinations outside of Africa. Our focus is on addressing key issues surrounding the African energy sector, ensuring that South African service providers, small business, local enterprises and stakeholders continue to benefit from our efforts. AEW not only generates jobs, but also stimulates economic growth.
As the largest energy conference in Africa, we acknowledge the challenges faced by Cape Town and are dedicated to making a positive impact on the community.
Meanwhile, outside of South Africa, the continent is seeing monumental growth. In Senegal and Mauritania, first production is soon expected for the Greater Tortue Ahmeyim conventional gas development while Senegal, just this year, achieved first oil production, thus showcasing the potential for offshore exploration and production investment. In Uganda, progress continues to be made on the Lake Albert Development, a multi-faceted project that promises new opportunities for energy security and industrialization in East Africa. In the Republic of the Congo, marginal projects are making headway as the government prioritizes gas investment and development while Libya recently announced that oil production has reached 1.217 million barrels per day.
Meanwhile, South Africa's neighbor, Namibia, has made a litany of major oil and gas discoveries since 2022 and is making significant strides to develop these major finds. Mozambique is gradually making progress with its three major gas projects, opening new opportunities for regional trade. All of these projects and many more are showcased at AEW: Invest in African Energy, with investment opportunities made clear to existing and potential investors. AEW promotes the African position on the future of Africa's energy sector. By advocating personal responsibility, free markets, individual liberty and an enabling environment for investors, AEW ensure that Africa's oil and natural gas industry benefits Africans, rather than continuing a reliance on foreign aid and assistance.
Therefore, we stand wholly committed to leveraging all Cape Town has to offer, a city that has been good to every edition of our conference since 2021. At the CTICC, we will continue to host panel discussions, investor forums, industry summits and one-one-one meeting opportunities and driving the discussions that will reshape the trajectory of the continent's energy development.
“The Chamber is unwavering in our commitment to hosting AEW in Cape Town, a city that embodies the spirit of opportunity and innovation. The city is a hub for Africa's energy dialogue and, by staying here, we reinforce our mission to make energy poverty history by 2030. Cape Town has proven to be a premier venue for fostering critical dialogue and investment in Africa's energy sector and we believe that this vibrant city is the perfect backdrop for our mandate. Together, we will continue to drive progress and empower local stakeholders for sustainable growth,” states AEC Executive Chairman NJ Ayuk.
Distributed by APO Group on behalf of African Energy Chamber.
AEW 2024 Ministerial Lineup to Foster Strategies to Alleviate Energy Poverty in Africa
Energy and hydrocarbon ministers from across Africa have joined the African Energy Week (AEW): Invest in African Energy conference to discuss investment opportunities while engaging with financiers and project developers. Representing the entire energy value chain from oil and gas to renewable energy to power and infrastructure, regional ministers will unpack the continent's strategies to make energy poverty history by 2030.
North African countries such as Libya and Algeria have set ambitious production targets for the coming years, aiming to plug Europe's energy gap while enhancing domestic energy access. Libya aims to boost output to 2 million barrels per day (bpd) in the next two to three years while Algeria aims to produce over 1.5 million bpd in 2025. Meeting production goals requires accelerated exploration, with both countries promoting investments in upstream drilling. At AEW: Invest in African Energy 2024, North African energy and hydrocarbon ministers will provide insight into these opportunities. They are joined by ministers representing global and African oil and gas organizations, including:
- Khalifa Abdulsadek, Minister of Oil & Gas, Libya
- Mohamed Arkab, Minister of Energy and Mines, Algeria
- Haitham Al Ghais, Secretary General, OPEC
- Omar Farouk Ibrahim, Secretary General of APPO
In Southern Africa, the region is ripe with opportunity. An estimated 11 billion barrels has been found off Namibia's coast since 2022; over 100 trillion cubic feet (tcf) of gas found offshore Mozambique; and an estimated 200 tcf likely held onshore South Africa. While Angola - the second largest oil producer in sub-Saharan Africa – still offers significant potential in both on- and offshore basins, Southern African countries such as Zambia are largely underexplored, presenting strategic opportunities for exploration companies. At AEW: Invest in African Energy 2024, Southern African energy and hydrocarbon ministers will outline strategic basins and upcoming projects. Speakers include:
- Carlos Zacarias, Minister, Ministry of Natural Resources & Energy, Mozambique
- Diamantino Pedro Azevedo, Minister of Mineral Resources and Petroleum, Angola
- Gwede Mantashe, Minister, Ministry of Mineral Resources and Energy, South Africa
- Kgosientsho Ramokgopa, Minister of Electricity, South Africa
- Situmbeko Musokotwane, Minister of Finance and National Planning, Zambia
- Tom Alweendo, Minister of Mines and Energy, Namibia
Recent offshore projects have positioned West Africa as a global hydrocarbon hotspot. Mauritania and Senegal's Greater Tortue Ahmeyim LNG project will start production this year, following the start of operations at Senegal's Sangomar Oil Project in mid-2024. Nigeria's Dangote Refinery – the largest in Africa at 650,000 bpd – recently secured a 400,000-bpd feedstock supply from the government a year after its start while Ivory Coast's Belaine project – the first net-zero upstream development in Africa – plans to commence phase two operations this December. Regional ministers will provide an update on ongoing projects, future investments and efforts to unlock additional reserves at AEW: Invest in African Energy 2024. Ministers include:
- Aboubacar Camara, Minister of Energy, Hydropower and Hydrocarbons, Guinea Conakry
- Birame Soulèye Diop, Minister of Energy, Oil and Mines Republic of Senegal
- Chief. Adebayo Adelabu, Minister of Power, Federal Republic of Nigeria
- Collins Adomako-Mensah, Deputy Minister of Energy in Charge of Power, Ghana
- Ekperikpe Ekpo, Minister of State for Petroleum Resources (Gas), Nigeria
- Foday Mansaray, Director General, PDSL
- Heineken Lokpobiri, Minister of State for Petroleum Resources (Oil), Nigeria
- Matthew Opoku Prempeh, Minister of Energy, Ghana
- Mohamed Ould Khaled, Minister of Petroleum & Energy, Ministry of Petroleum, Mines & Energy, Mauritania
- Nani Juwara, Minister of Energy and Petroleum, The Gambia
- Viriato Luis Soares Cassama, Minister of Environment & Biodiversity, Guinea-Bissau
- Yacouba Zabré Gouba, Minister of Energy and Mines, Burkina Faso
Central Africa – with major producers such as Equatorial Guinea, Gabon and the Republic of Congo – are inviting investors to support diversification efforts in production and refining. Leveraging natural gas, these markets aim to unlock reserves in both domestic and regional basins while boosting export capacity and intra-African trade. The Republic of Congo exported its first LNG cargo in 2024 from the Tango FLNG facility, targeting 3 million tons per year by 2025, while Equatorial Guinea forged an agreement with Nigeria to import and process gas at its Punta Europa facility. At AEW: Invest in African Energy 2024, regional ministers will outline these initiatives, while sharing insight into available opportunities in natural gas. Ministers include:
- Antonio Uburu Ondo, Minister of Mines and Hydrocarbons, Equatorial Guinea
- Bruno Jean-Richard Itoua, Minister of Hydrocarbons, the Republic of Congo
- Marcel Abeke, Minister of Petroleum, Republic of Gabon
As a frontier market, East Africa is incentivizing exploration in both on- and offshore basins while driving infrastructure and field development projects forward. Uganda inked a deal with Ethiopia in 2024 to export crude via pipeline while South Sudan is seeking diversified export routes and promoting exploration onshore. Regional ministers will share more insights at AEW: Invest in African Energy 2024. Speakers include:
- Ing Habtamu Itefa Geleta, Minister of Water and Energy, Ethiopia
- Okasaai Sidronious Opolot, Minister of state for Energy, Ministry of Energy and Mineral Development, Uganda
- Puot Kang Chol, Minister Petroleum, South Sudan
AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.
Distributed by APO Group on behalf of African Energy Chamber.
Mandela Washington Fellowship for Young African Leaders
The Mandela Washington Fellowship, begun in 2014, is the flagship program of President Obama's Young African Leaders Initiative (YALI) that empowers young leaders through academic coursework, leadership training, and networking. In 2016, the Fellowship provided nearly 1,000 outstanding young leaders from Sub-Saharan Africa with the opportunity to hone their skills at a U.S. higher education institution with support for professional development after they return home.
Ideal candidates are self-identified leaders, aged 25 to 35, with proven accomplishment in promoting innovation and positive change in their organizations, institutions, communities, and countries.
U.S.-based Activities
Academic and Leadership Institutes: Each Mandela Washington Fellow takes part in a six- week academic and leadership institute at a U.S. university or college in one of three tracks: business and entrepreneurship, civic leadership, or public management.
Summit: Following the academic component of the Fellowship, the Fellows visit Washington, D.C. for a summit. During the three-day event, Fellows take part in networking and panel discussions with U.S. leaders from the public, private, and non-profit sectors.
Professional Development Experience: Selected Fellows remain in the U.S. to participate in a six-week professional development experience with U.S. non-governmental organizations, private companies, and governmental agencies related to their professional interests and goals.
Africa-based Activities
Upon returning to their home countries, Fellows continue to build the skills they have developed during their time in the United States through support from U.S. embassies, Regional Leadership Centers, the YALI Network, and customized programming from affiliated partners. Mandela Washington Fellows have access to ongoing professional development opportunities, mentoring, networking and training, and seed funding to support their ideas, businesses, and organizations.
Application Information
The application includes basic information and questions about the applicant's professional and academic experience, including educational background; honors and awards received; extracurricular and volunteer activities; and English language proficiency. A résumé is also requested (with dated educational and professional background), and personal information (name, address, phone, email, country of citizenship). Additional elements, such as letters of recommendation or university transcripts, are OPTIONAL and may supplement your application.
Who is eligible to apply?
Applicants will not be discriminated against on the basis of race, color, gender, religion, socio-economic status, disability, sexual orientation, or gender identity. The Mandela Washington Fellowship is open to young African leaders who meet the following criteria:
- Are between the ages of 25 and 35 on or before the application deadline, although exceptional applicants ages 21-24 will be considered;
- Are not U.S. citizens or permanent residents of the United States;
- Are eligible to receive a United States J-1 visa;
- Are not employees or immediate family members of employees of the U.S. Government (including a U.S. embassy or consulate, USAID, and other U.S. Government entities);
- Are proficient in reading, writing, and speaking English (applicants who are deaf should refer to the English Language instructions on the Resources page);
- Are citizens of one of the following countries: Angola, Benin, Botswana, Burkina Faso, Burundi, Cameroon, Cabo Verde, Central African Republic, Chad, Comoros, Democratic Republic of the Congo (DRC), Republic of the Congo, Cote d'Ivoire, Djibouti, Equatorial Guinea, Eritrea, Eswatini, Ethiopia, Gabon, The Gambia, Ghana, Guinea, Guinea-Bissau, Kenya, Lesotho, Liberia, Madagascar, Malawi, Mali, Mauritania, Mauritius, Mozambique, Namibia, Niger, Nigeria, Rwanda, Sao Tome and Principe, Senegal, Seychelles, Sierra Leone, Somalia, South Africa, South Sudan, Sudan, Tanzania, Togo, Uganda, Zambia, or Zimbabwe;
- Are residents of one of the above countries; and
- Are not Alumni of the Mandela Washington Fellowship.
Please note that Fellows are not allowed to have dependents, including spouses and children, accompany them during the Fellowship. The U.S. Department of State and IREX reserve the right to verify all information included in the application. In the event of a discrepancy, or if information is found to be false, the application will immediately be declared invalid and the applicant ineligible.
Selection Process
The Mandela Washington Fellowship selection process is a merit-based open competition. After the deadline, all eligible applications will be reviewed by independent readers. Following this review, chosen semi-finalists will be interviewed by the U.S. embassies or consulates in their home countries. Selected semi-finalists will be required to participate in these in-person interviews in their home country within Africa. If advanced to the semi-finalist round, applicants must provide a copy of their international passport (if available) or other government-issued photo identification at the time of the interview. Selected Finalists are required to attend the mandatory Pre-Departure Orientation in their home country within Africa. The following criteria will be used to evaluate applications (not in order of importance):
- A proven record of leadership and accomplishment in business or entrepreneurship, civic engagement, and/or public/government service;
- A demonstrated commitment to public or community service, volunteerism, or mentorship;
- The ability to work cooperatively in diverse groups and to respect the opinions of others;
- Strong social and communication skills;
- An energetic, positive, and flexible attitude;
- A demonstrated knowledge of, interest in, and professional experience in the preferred sector/Fellowship track and concrete goals for applying lessons knowledge and skills gained from the Fellowship to current and/or future work; and
- A commitment to return to Sub-Saharan Africa and contribute skills and talents to build and serve their communities.
Learn More
Application Resources
Got questions? Visit our Frequently Asked Questions about the Fellowship application to learn answers to common queries.
Check out our Resources page to download and learn more about:
- Instructions for the Fellowship Application
- Information for Prospective Fellows with Disabilities
- Information for Prospective Fellows Who Are or May Become Pregnant
Distributed by APO Group on behalf of U.S. Embassy in Namibia.
Applications Now Open for the Meltwater Entrepreneurial School of Technology (Mest) Africa Challenge 2024
The Meltwater Entrepreneurial School of Technology (MEST Africa) (www.Meltwater.org), in collaboration with the Norwegian Embassy, proudly announces the launch of the 6th edition of the MEST Africa Challenge (MAC). This year's challenge seeks to identify and support exceptional AgriTech entrepreneurs who are addressing critical agricultural challenges in West Africa.
In the rapidly evolving world of AgriTech, innovation needs the right conditions to flourish. While many African entrepreneurs possess bold visions, they often face challenges in accessing the necessary resources and networks to bring their ideas to fruition. MAC 2024 is here to bridge that gap, offering startups the opportunity to “Find Their Soil” by providing critical support, funding, and mentorship.
"‘Find Your Soil' is a call to action for AgriTech innovators to discover the ideal environment where their vision can flourish. Through the MEST Africa Challenge, we aim to support this ecosystem by providing the necessary resources, visibility, and strategic support for these entrepreneurs to thrive,” said Ashwin Ravichandran, Portfolio Advisor, MEST Africa.
MEST Africa is committed to fostering job creation and economic growth across the continent through software entrepreneurship. By offering specialized tech entrepreneurial training and investment opportunities, the organization empowers Africa's brightest minds to build and scale impactful businesses.
The MEST Africa Challenge 2024, centered on the AgriTech sector, is open to startups from key West African markets, including Benin, Cape Verde, Côte d'Ivoire, Gambia, Ghana, Guinea, Guinea-Bissau, Liberia, Mauritania, Nigeria, Senegal, Sierra Leone, Mali, and Togo. The winning startup will receive $50,000 in equity funding along with access to MEST's extensive global network, unlocking valuable partnerships, mentorship, and investment opportunities to accelerate their growth and global presence.
Since its inception, MEST has invested over $30 million into training more than 2,000 entrepreneurs and has supported the launch of 90 early-stage tech startups across sectors including AgriTech, FinTech, SaaS, eCommerce, Digital Media, and Healthcare. This year presents an unparalleled opportunity for AgriTech entrepreneurs to “Find Their Soil” and take their businesses to the next level.
Eligibility Criteria for MEST Africa Challenge 2024:
- Early-stage technology startup
- Monthly Recurring Revenue: A minimum of $5k
- Funding raised: $0 to $1M cumulative
- Years in existence: 3 years and below
- Traction: At least 6 months of recurring revenue
- Founding team: At least 2 founding team members
- Registered in Delaware (This is preferred)
- Any industry
- Any business model (B2B, B2C, B2B2C, B2G etc…)
- All participants must pitch in English
Interested AgriTech entrepreneurs can learn more and apply here https://apo-opa.co/3yUlSr6.
Distributed by APO Group on behalf of The Meltwater Entrepreneurial School of Technology (MEST Africa).
Media Contact:
Ophesmur Adjei
Communications and Community Manager
Mobile: +233 242 8171 174
Email: marketing@meltwater.org or Ophesmur@meltwater.org
About MEST Africa:
The Meltwater Foundation, established in 2008, is the non-profit arm of the global media intelligence company, Meltwater. With a clear mission to foster job opportunities and stimulate economic growth in Africa through software entrepreneurship, the Foundation is based in Accra, Ghana. The flagship program, MEST, offers a 1 year specialized tech entrepreneurial training to high caliber talent from over 22 countries including Nigeria, Kenya, South Africa and Senegal; and invests in early to growth stage startups.
MEST Programs was launched in 2020 to focus on partnerships with other foundations and organizations who share our mission of creating wealth and jobs in Africa through digital skills training and startup acceleration.
To learn more about MEST Africa, visit our website https://apo-opa.co/4cBTfwx.
African Energy Week (AEW) 2024 Launches Upstream Oil & Gas Forum Amid African Liquefied Natural Gas (LNG) Market Expansion
Africa's upstream oil and gas sector is attracting substantial investments, with an $800-billion capital expenditure program focusing on LNG alongside traditional deep-water oil projects currently underway. This investment cycle is expected to boost Africa's LNG production capacity at a time when global gas demand is on the rise.
Responding to this environment, African Energy Week (AEW): Invest in African Energy 2024 will host a two-day Upstream Exploration & Production (E&P) Forum spotlighting Africa's LNG prospects. The forum will feature a series of strategic sessions and presentations, highlighting major LNG and floating LNG (FLNG) developments and investment opportunities shaping the sector.
AEW: Invest in African Energy is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit www.AECWeek.com for more information about this exciting event.
Mozambique is at the forefront of Africa's LNG growth, with the $20-billion Mozambique LNG project led by TotalEnergies set to produce 12.8 million tons of LNG per annum by 2028. Eni's second FLNG production project in the country – Coral Norte – and ExxonMobil's Rovuma LNG development are anticipated to reach FID by 2025. The country achieved natural gas sales of $1.7 billion in revenue in 2023, mostly driven by the start up of the Coral Sul FLNG project in November 2022.
The Nigeria LNG (NLNG) Train 7 expansion project is approaching completion, set to boost the country's LNG capacity by 35%, adding roughly 8 million tons per annum. The project is part of Nigeria's broader strategy to enhance its LNG production capabilities to meet both local and regional demand. In June 2024, the Nigerian National Petroleum Corporation signed a Project Development Agreement (PDA) with marine infrastructure company Golar LNG to deploy a FLNG vessel in the offshore Niger Delta region. The PDA plans to monetize 400-500 million standard cubic feet of gas per day, producing LNG, LPG and condensate, with FID expected by Q4 2024.
Under the Upstream E&P Forum, a session on The Demand Economics Driving the Growth of African LNG and FLNG will explore Africa's LNG portfolio, shedding light on supply and demand dynamics and future investment opportunities. Speakers will include Managing Director & General Manager of Eni Rovuma Basin Marica Calabrese, Africa Finance Corporation Vice President Taiwo Okwor, and senior representatives from Golar LNG, Angola LNG, and UTM Offshore.
In West Africa, Equatorial Guinea is also establishing itself as a major LNG player through its Gas Mega Hub (GMH) initiative, which aims to pool regional gas resources to become a central hub for gas processing, liquefaction and distribution. Last October, US oil and gas company Marathon Oil entered into an LNG sales agreement with commodity trader Glencore for Equatorial Guinea's Alba field, positioning the company for the GMH's next phase of development. Meanwhile, the Greater Tortue Ahmeyim (GTA) LNG project, spanning Mauritania and Senegal, is set to reach first production by Q4 2024, with a capacity of 2.3 million tons per year.
In southern Africa, Angola's LNG market is also growing, launching the second phase of the Falcão natural gas project last December, as well as developing the country's first non-associated gas development project in Soyo. South Africa's Virginia Phase 2 project is set to produce commercial quantities of LNG and liquid helium, with a capacity of 670,000 cubic meters of LNG per day. Meanwhile, the country's Port of Ngqura FLNG project involves the installation of a floating storage and regasification unit, gas-to-power infrastructure, cryogenic pipelines and a terminal for processing, storing, on-site exploitation and distribution of gas acquired from the country's on- and offshore fields.
A session on The Game Changer: Examining African Gas will outline Africa's natural gas reserves, production capacities, infrastructure development and export potential, highlighting potential for transitional energy, power generation and diversified growth. The session will feature senior representatives from Equatorial Guinea's national oil company (NOC) GEPetrol, Seplat Energies, and Mozambican NOC Empresa Nacional de Hidrocarbonetos.
With these developments on the horizon, Africa's leading upstream markets are positioning themselves as key players in the global LNG industry. AEW: Invest in African Energy 2024 will provide a pivotal platform for stakeholders to engage in discussions, forge partnerships and explore new opportunities within Africa's growing LNG sector.
Distributed by APO Group on behalf of African Energy Chamber.