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Announcing the Academy for Women Entrepreneurs Southern Africa Regional Alumnae Summit

Location: News
Africa Women Innovation and Entrepreneurship Forum (AWIEF)

The U.S. Mission to South Africa, in partnership with the Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org), is proud to announce the 2024 Academy for Women Entrepreneurs (AWE) Southern Africa Regional Alumnae Summit. This highly anticipated 3-day event will take place at the University of Pretoria (UP) Future Africa Campus (FAC), Pretoria, South Africa, from November 20th to 22nd, 2024, during Global Entrepreneurship Week.

The AWE Regional Alumnae Summit brings together women entrepreneurs from the Southern Africa Customs Union (SACU) countries Botswana, Eswatini, Lesotho, Namibia, and South Africa, who have participated in the prestigious AWE program between 2019 and 2023.

The Summit aims to foster regional collaboration and create new opportunities for business expansion and trade. Key objectives include:

  • Building Networks: Strengthening connections among women entrepreneurs across SACU nations to share insights, foster partnerships, and collaborate on business ventures.
  • Accessing Regional Markets: Exploring strategies for trade expansion, accessing regional markets, and creating mutually beneficial partnerships.
  • Embracing Innovation: Providing learning opportunities on the latest digital innovations and how they can drive entrepreneurship and growth in Africa.

Participants will have the opportunity to engage with government officials, civil society organizations, and investors, all of whom share a commitment to advancing women's economic empowerment and entrepreneurship across the region.

The AWE Southern Africa Regional Alumnae Summit underscores the importance of women-led businesses in driving economic development and gender equity. By connecting entrepreneurs with stakeholders focused on trade, investment, and innovation, the Summit aims to catalyze sustainable business practices and inclusive economic growth across Southern Africa.

The Summit will host alumnae entrepreneurs, government representatives, and investors, creating a unique platform for dialogue, learning, and collaboration. Selected participants will have their travel and accommodation expenses covered, ensuring inclusivity and accessibility.

The 2024 AWE Southern Africa Regional Alumnae Summit promises to be a landmark event for women entrepreneurs, offering invaluable opportunities to connect, learn, and grow. Together, we will continue to foster a culture of innovation, trade, and economic empowerment across the Southern African region.

For more information about the AWE program and the upcoming Summit, visit https://apo-opa.co/3OaefRs

Distributed by APO Group on behalf of Africa Women Innovation and Entrepreneurship Forum (AWIEF).

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Regional Call-For-Action From the Children of Botswana, Malawi, Mozambique, Namibia, South Africa, Zambia and Zimbabwe

Location: News

United Nations Children’s Fund (UNICEF)
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All children have the right to a quality education, to grow up in a safe and secure environment and to be protected from harm. Children's rights are human rights, enshrined in the Convention on the Rights of the Child.  Yet too many children cannot realize these rights and face exclusion, discrimination, violence, and exploitation. Children have the right to grow up in a world where every child is valued, included, empowered and protected.

As children of Botswana, Namibia, Malawi, Mozambique, South Africa Zambia and Zimbabwe, we recognize all the work done our respective Governments to promote the rights of children. But there is still much work to do to ensure that the rights of all children to a quality education are protected, promoted and fulfilled - without discrimination.

Our unified Call-for-Action on World Children's Day, aligned with the specific theme of the 2024 Regional World Children's Day commemorations "Educate and Skill the African Child for Posterity" is to drive progress in the following areas. Our Call-for-Action is informed by broad national consultations involving more than 5000 children across our seven countries, organized among our peers with the support of our Governments and civil society partners.

We, the children from Botswana, Namibia, Malawi, Mozambique, South Africa, Zambia and Zimbabwe, call on our leaders to listen to our voices, include us in decisions which affect us, adopt and implement our solutions and invest in our present and future.

We call on our Governments to take concerted action on the following issues:

To ensure access to Education:

  • Ensure all children – including children from disadvantaged backgrounds - have access to quality education, providing financial support for those in need and addressing the specific needs of girls and boys to access education.
  • Strengthen and enrich curricula to ensure inclusion of practical life skills that enhance daily living and learning to earning. Curriculum content should be designed to ensure relevance and meet the current demands of children.
  • Quality education needs to be innovative, allowing critical thinking and creativity, ensuring appropriate learning materials and a supportive learning environment, and facilitating engagement and practical skills development. Governments should provide this in consultation with children.
  • Educators should be equipped to deliver quality education, making learning fresh, and impactful, and delivered in pleasant environments and infrastructure, conducive to learning, including well-equipped labs and libraries.

For an inclusive and quality education system:

  • Provide children with equal opportunities for education, including children with disabilities and those in hard-to-reach areas.
  • Ensure integrated learning environments, allowing students to interact and collaborate with peers with special education needs from a young age instead of being separated.
  • Employ well-trained and qualified teachers for better learning outcomes; increase teacher salaries and benefits to improve retention.
  • Construct child- and disability-friendly infrastructure and provide sufficient teaching resources, including solar power for uninterrupted learning, build schools closer to communities or provide transportation for students.
  • Involve parents, guardians and community leaders in creating an inclusive education system – including adolescent girls at risk of drop out of school, children involved in child labour, minority groups and children with disabilities – to ensure no child is left behind.

To ensure relevant education, including emerging issues:  

  • Ensure an education that is impactful and useful to us in the current modern and developing world; an education with a positive impact in our lives, be it present or in future as we transition to the world of work; the curriculum should equip us with relevant skills to navigate life from a very young age.
  • We want a curriculum that is aligned with the rest of the world and puts emphasis on digital literacy. This will be achieved by improving ICT infrastructure in all schools.
  • Expand and enhance climate change education programmes and teach us about climate change, the environment, responsible and sustainable consumption and production as core subjects in class and/or school clubs focusing on climate.
  • Ensure we have access to education in a safe learning environment, also during emergencies.

***

Children's Pledge of Commitment

As children from Botswana, Malawi, Mozambique, Namibia, South Africa, Zambia, and Zimbabwe, we stand united in our belief that our voices and actions matter. We are committed to being responsible citizens, ready to support and work alongside our Governments, leaders, parents and organisations to create a better future for all children in our region.

We the children the children from Botswana, Namibia, Malawi, Mozambique, South Africa, Zambia and Zimbabwe commit to:

  • Actively participate in child parliaments, school councils, junior councils as well as other student forums, and take full advantage of opportunities to voice our ideas about curriculum and school programmes. By sharing our perspectives, we will help create an education system that meets our needs.
  • Advocate for the development of public libraries and recreational facilities, using these spaces for personal growth and encouraging others to engage in learning, sports, and creative activities that benefit our well-being.
  • Make our schools and communities more inclusive by embracing diversity, offering support, and advocating for accessibility in all areas. Together, we can create an environment where everyone can thrive, belong and feel safe.
  • Use technology responsibly and enhance our digital skills. We will engage in ICT programmes, share our knowledge with peers, and encourage others to join us in developing the skills needed to succeed in a digital world.
  • Learn and educate ourselves and others on climate change and commit to sustainable practices in our daily lives. Through small acts like reducing waste and participating in community clean-up efforts, we can help protect our planet for generations to come.
  • Make our classrooms more collaborative, helping our teachers, and supporting our peers, in a quest to foster a culture of mutual respect and encouragement, to overcome challenges together.

Distributed by APO Group on behalf of United Nations Children’s Fund (UNICEF).

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Government commends progress made in Lesotho Highlands Water Project maintenance

Location: News

Government commends progress made in Lesotho Highlands Water Project maintenance

Water and Sanitation Deputy Minister, David Mahlobo, has commended the progress made in the Lesotho Highlands Water Project (LHWP) tunnel maintenance operations, which started last month.

Mahlobo and Deputy Minister Sello Seitlholo led an inspection of the maintenance operation at the Lesotho Highlands Water Project tunnel in Clarens, Free State, on Friday.

The joint maintenance operation by Trans Caledon Tunnel Authority (TCTA) and the Lesotho Highlands Development Agency (LHDA) is currently underway, following the tunnel system closure on 1 October 2024.

The TCTA is undertaking the maintenance operation on Delivery Tunnel North within South Africa, and LHDA will focus on the transfer tunnels at the Muela hydro power station in Lesotho.

Speaking at the inspection, Mahlobo commended the TCTA for the quality of the work delivered since the tunnel shutdown on 1 October 2024.

Mahlobo emphasised the ability of the two nations to cooperate and share the resources, noting that there are rivers that are flowing in between the neighbouring countries of South Africa, Lesotho, Eswatini, Namibia and Botswana.

“This trans-boundary cooperation is one of the things that we need to promote because in other parts of the world, there’s conflict around the issue of sharing water,” Mahlobo said.

Mahlobo highlighted the other advantages, which benefit both South Africa and Lesotho.

“In Lesotho, they have a hydro power station to power the system. It’s clean energy… At the very same time, this side, we are able to supply [water] for domestic use and other economic uses, whether it is agriculture industries, powering a number of communities and provinces (sic).

“The water… touches more than 13 million beneficiaries because it touches the province of Free State, Northern Cape, North West, Gauteng, and it also touches Mpumalanga. That is the scale of it and it is massive,” Mahlobo said.

The Deputy Minister said the Lesotho Highlands Water Project was completed by the democratic government, as it was commissioned in 1998.

South Africa’s richness in engineering

Mahlobo said South Africa is rich with skilled people in engineering, science and technology.

“[The LHWP] is a very sophisticated and complex system, where you have to go through the mountains, and you can see very serious engineering just to put [up] infrastructure of this nature. You can see the technology that is used…

“There is a need for continuous maintenance when you have assets. Therefore, investing in an asset gives you a longer life span and this one is going to extend the life span for the additional 20 years,” Mahlobo said.

The Deputy Minister called for reduced water losses, reiterating that every drop of water counts.

Support for municipalities

Mahlobo reiterated government’s support for all the municipalities that are directly or indirectly affected by the LHWP system.

“We are satisfied that the system will be managed, [but we acknowledge] it will remain vulnerable because it is a life system. It must be monitored from time to time, [hence] the weekly meetings happening every Wednesday to oversee the work. We want to encourage the workers to continue to do a good job and we are very proud of the work they do.

“Our call for citizens to use water sparingly still remains. In as much as water will continue to be available, it must be used sparingly,” Mahlobo said.

The LHWP maintenance is expected to be completed on 31 March 2025. – SAnews.gov.za

GabiK
Fri, 11/15/2024 - 14:59

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Liquid C2 Builds on Strategic Partnership With Cloudflare to Introduce Enhanced Cyber Security Solutions

Location: News
Liquid Intelligent Technologies

Liquid C2, a business unit of Cassava Technologies has further solidified its strategic partnership with Cloudflare. The latter has appointed Liquid C2 as the first distributor of their new range of cyber security products in South Africa, a testament to Liquid C2 expertise and trustworthiness in the industry. In addition to South Africa, the company will make the solutions available to its partners in Namibia, Zimbabwe and Zambia. 

With the new offering, Liquid C2 is set to deliver application services that provide security and performance solutions for web applications, network services that secure enterprise networking and zero trust services. The 2023 Cyber Security report from Interpol revealed a 23% year-on-year increase in the average number of weekly cyberattacks per organisation in Africa, underscoring the pressing need for cost-effective integrated cybersecurity services for businesses in the mid-market segment.

Oswald Jumira, CEO of Liquid C2, reassures, “Through this partnership, we will enable our channel partner ecosystem through Cloudmania to expand their cyber security solution offering to their customers. Modern businesses need robust, scalable, and secure solutions to support hybrid work environments, protect against network and application-level threats, and ensure reliable connectivity. This offering, which combines the reach of Liquid C2 and Cloudmania and Cloudflare's expertise, is a testament to our commitment to enabling businesses to thrive in the growing African digital economy”.

Graham Turnbull, Cloudflare said, “Cloudflare is excited to announce an expanded partnership with Liquid C2 to launch a Managed Services Programme aimed at delivering advanced security and performance solutions to businesses of all sizes across Africa. As long-standing partners, Cloudflare and Liquid C2 are committed to empowering organisations with scalable, resilient digital infrastructure. This collaboration brings together Cloudflare's world-class technology with Liquid C2's extensive network, supporting the continent's digital growth and security needs”.

Additionally, Cloudflare's zero trust services provide a security model that requires strict identity verification for every individual and device trying to access resources on a private network. This solution is critical for any organisation that has moved to a hybrid and remote work model. In today's ever-evolving cyber threat landscape, businesses need to secure access to applications and data from any location, ensuring that only authorised users and devices can connect. This milestone enables African companies to level the playing field against their international counterparts, making Africa an attractive investment destination.

Distributed by APO Group on behalf of Liquid Intelligent Technologies.

About Liquid C2:
Liquid C2, a business of Cassava Technologies, delivers cutting-edge cloud and cybersecurity services and solutions. Committed to facilitating digital transformation, Liquid C2 is positioned to provide comprehensive solutions tailored to meet the evolving demands of the digital era by empowering businesses to navigate the complexities of the modern digital landscape securely. The company's offerings span cloud solutions that enhance accessibility and scalability, and robust cybersecurity services to safeguard sensitive data and elevate security and compliance posture to ensure businesses remain seamlessly connected and protected. https://LiquidC2.com/

About Cloudflare:
Cloudflare, Inc. (www.Cloudflare.com / @ cloudflare: https://apo-opa.co/3YPYmnV) is on a mission to help build a better Internet. Cloudflare's suite of products protect and accelerate any Internet application online without adding hardware, installing software, or changing a line of code. Internet properties powered by Cloudflare have all web traffic routed through its intelligent global network, which gets smarter with every request. As a result, they see significant improvement in performance and a decrease in spam and other attacks. 

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Dismissed and Ignored: Keys to an African Lobby Group’s Success Being Overlooked by Climate Activists and Africa Oil Week

Location: News
African Energy Chamber

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.

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Shale Gas Is Back on the South Africa Menu, Says Mantashe

Location: News
African Energy Chamber

South Africa's Minister of Mineral and Petroleum Resources Gwede Mantashe on Thursday reiterated that the country was committed to developing its oil and gas sector, despite external pressures to transition to a greener economy.

Speaking at African Energy Week: Invest in African Energies 2024, in Cape Town, Mantashe noted that with President Cyril Ramaphosa assenting to the Upstream Petroleum Resources Development Bill, which seeks to accelerate petroleum exploration and development and includes provisions to address unconventional gases like shale gas, South Africa was well on its way to become a competitor in the international oil and gas space.

“While we are getting pinned down not to take these steps, we needed to [explore oil and gas], lift the moratorium on shale gas, as we are still a developing economy. Whether we lifted the moratorium or not, critics would always be there. Gas is described as a transitional technology . . . and is part of the green transition,” he stated.

Earlier this year, Mantashe invited written comments on his intention to investigate the Karoo Basin through large-scale land seismic and airborne surveys to explore for oil and gas that may lie below the ground. The surveys aim to assess geological risks and examine whether there are enough resources to justify extraction.

“[These projects] will improve our gross domestic product by 8%,” he said, noting that across the border in Namibia and Mozambique there have already been significant economic turnarounds with the discovery and development of oil and gas.

Meanwhile, Mantashe emphasized the need to balance economic development with climate change initiatives. “Development and environmental stewardship must coexist . . . and we must responsibly manage natural resources. Mine responsibly, drill responsibly, protect the climate, indigenous plants and land, but don't stop developing. If you stop that, you will have consequences further down the line,” he noted.

Mantashe further noted that he did not expect to see South Africa move away from coal-fired power stations by 2030. “Not in my lifetime,” he said, adding that the country can transition into new technologies, but it should “never dismantle old technologies. I am a great believer of mixed technologies [and with coal we have] a very strong base load technology.”

Distributed by APO Group on behalf of African Energy Chamber.

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Upstream Players Highlight Innovative Financing Critical Mineral Projects at CMA

Location: News
Energy Capital & Power

Players within Africa's energy transition sector highlighted innovative financing mechanisms which can help drive the industry maximize value addition and beneficiation to local economies during the Leaders Forum at Critical Minerals Africa Summit on Thursday.

Marie-Chantal Kaninda, President, Glencore DRC announced that the firm contributed approximately $1 billion in revenue for the Democratic Republic of Congo (DRC) through royalty taxes in 2023.

She said the firm invested in processing facilities at two of its operational mines in the DRC (https://apo-opa.co/3AvKgjI) to enhance value addition of copper and cobalt resources.

“We export hydroxide cobalt, which is an intermediary product, and produce copper cathodes ready for cable manufacturing,” Kaninda explained, adding that 95% of Glencore's workforce in the DRC is sourced locally, with many employees holding senior positions.

Speaking on the challenges facing Africa's mineral value addition efforts, Carlos Lopes, Professor at the Nelson Mandela School of Public Governance, University of Cape Town, noted that a lack of adequate funding is a primary barrier.

Despite Africa's GDP having doubled since 2000, he said, the continent is still perceived as a high-risk market by some investors. Lopes called for innovative local financial solutions to meet capital needs for value-addition projects.

“Africa pays the world's highest interest rates, yet our potential is undervalued. We must be strategic in policy-making to fully capitalize on our resources,” he stated, emphasizing the drawbacks of exporting raw minerals for overseas processing.

Mfikeyi Makayi, CEO of KoBold Metals, underscored the role of innovation in reducing the high costs associated with critical mineral exploration and value addition. She highlighted the company's AI-enabled exploration efforts backed by Silicon Valley investment, stating, “With 60 projects across 40 countries, including flagship initiatives in Zambia and new ventures in Namibia and Botswana, we're focused on leveraging digital mining solutions to drive industrialization across the continent.”

Makayi added that the data generated through digital mining is vital for attracting investment and creating a more competitive and inclusive sector.

Sietse van de Woude, Senior Executive of Modernization and Safety at the Minerals Council South Africa, discussed the Mandela Mining Precinct initiative, a public-private partnership designed to fund and support mining sector innovation.

“Innovation is essential for critical minerals mining,” van de Woude said, adding that the initiative offers a platform for industry stakeholders to share best practices and collaborate on advancing operational efficiency and safety.

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

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Africa Oil Corp. Shares Exploration Results in Equatorial Guinea’s EG-18 Field at AEW 2024

Location: News
African Energy Chamber

Africa Oil Corp has revealed encouraging exploration results from the EG-18 field in Equatorial Guinea. Chris Johnston, Senior Geoscientist at Africa Oil Corp., presented these findings during a technical workshop at Africa Energy Week: Invest in African Energies 2024. 

Highlighting their recent efforts, Johnston explained that the EG-18 field, which Africa Oil operates with an 80% interest, has demonstrated strong reservoir quality. The EG-18 field is part of Africa Oil Corp's strategic offshore exploration in Equatorial Guinea, a region historically rich in hydrocarbons but with limited offshore oil discoveries. "Our main prospect, Jasper, appears highly prospective, with indicators suggesting the presence of oil," Johnston stated. 

Africa Oil Corp's exploration campaign includes analyzing basin floor fan prospects of the Cretaceous age. These formations are akin to successful structures the company has explored in Namibia and South Africa. "From our data, we've identified seismic anomalies and Amplitude Versus Offset responses that increase our confidence in a working hydrocarbon system," Johnston elaborated, referencing findings from the recent Jaca-1 well, which indicate oil presence. 

Additionally, Johnston emphasized the potential of EG-18 to become a major new hydrocarbon province, akin to the prolific Orange Basin. “The correlation to nearby L2 well data and Direct Hydrocarbon Indicators further supports our belief in the area's potential,” he said. 

In Block EG-31, Africa Oil has also identified promising gas-prone prospects, such as the shallow-water Whistler prospect in the Alba fields. Studies, including rock physics analysis, have confirmed gas potential. 

Distributed by APO Group on behalf of African Energy Chamber.

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AEW 2024 Hydrogen Summit Highlights Collaboration as Key to Investments

Location: News
African Energy Chamber

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.

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Petrobras Pursues Strategic Oil & Gas Expansion in Southern Africa

Location: News
African Energy Chamber

Brazil's national oil company (NOC), Petrobras, has confirmed it is actively exploring opportunities in South Africa, Namibia and Angola, and it is currently awaiting Galp's decision on its offer to acquire a significant stake in the Mopane block offshore Namibia.

The announcement was made during a pre-conference workshop sponsored by Namibia Energy Corporation (NEC), leading up to the African Energy Week (AEW) 2024: Investing in African Energies conference. Petrobras is widely recognized for its success in the exploration and production of pre-salt oil reserves in the deep waters off the coast of Brazil, which hold close geological similarities to pre-salt areas in southern Africa. 

“As we increase production, we increase the need for reserves. Brazil has a strong correlation with Africa. We feel very comfortable to come back to Africa, and are looking at opportunities in South Africa, Namibia and Angola,” said Sylvia Maria Couto dos Anjos, Executive Officer for Exploration and Production at Petrobras.

The company's technical expertise in pre-salt geology – particularly its ability to extract hydrocarbons from ultra-deep reservoirs beneath thick layers of salt – positions it as a strong contender to unlock frontier acreage in southern Africa. Geological similarities with Angola were highlighted during the workshop, as most of its hydrocarbon discoveries are offshore, with the majority of oil and gas resources located in deepwater reservoirs.

“Both Angola and Brazil have experience in developing deepwater reservoirs,” said Ricardo Van-Deste, CEO – Exploration and Production, Sonangol. “It is very important for us to bring Petrobras back to Angola. They left, but the door is still open.”

Petrobras' deepwater technology, developed over years of working in the Campos and Santos Basins off the shores of Brazil, could also be a game-changer in unlocking South Africa's offshore potential. These include TotalEnergies' Luiperd and Brulpadda discoveries. Earlier this month, the Brazilian NOC announced it had secured approval to acquire a 10% stake in the Deep Water Orange Basin located off the west coast of South Africa.

“Those are challenging operations. With Petrobras' experience and the technologies we have developed over time, this presents a valuable opportunity for us,” said Godfrey Moagi, CEO of the South African National Petroleum Company (SANPC).

In Namibia, Petrobras is currently evaluating entry opportunities as the country has produced a series of world-class discoveries. It is estimated to hold 100 billion barrels of oil equivalent in unrisked resources, with the Deep Water Orange Basin alone accounting for 30 billion barrels of oil equivalent.

“The potential of Namibia is incredible. We have a commitment to fulfill – I guarantee deals will come through,” said Dr. Marcio Rocha Mello, Founder & CEO of Namibia Energy Corporation.

Another key area for potential cooperation is the establishment of a Namibian center of excellence, aimed at enhancing technical capabilities and data analysis to deepen understanding of Namibia's petroleum basins and de-risk prospects for future exploration.

“A center like that in Namibia would enable us to replicate the success of the Orange Basin in the Walvis and Lüderitz basins,” said Maggy Shino, Petroleum Commissioner of Namibia's Ministry of Mines and Energy. “We have blocks that are bigger than some African countries. With such a large volume of available opportunities, we need a diversity of players to fully harness that potential.”

Distributed by APO Group on behalf of African Energy Chamber.

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Coca-Cola Beverages Africa Invests $50 Million in Namibia, Boosting Production Capacity by 30%

Location: News
Coca Cola Beverages Africa

Coca-Cola Beverages Africa (CCBA) (www.CCBAGroup.com) has invested $50 million in a new bottling line in Namibia, capable of producing 27,000 bottles per hour. This upgrade will increase the plant's output capacity by 30% and stimulate growth throughout the company's value chain.

The investment also includes the installation of a water treatment plant with state-of-the-art water recovery technology, designed to reduce water consumption. Additionally, the integration of advanced technology, including artificial intelligence, will require skills training for employees, contributing to the development of a future-ready workforce for both the business and the country.

“We've ensured that this production line goes beyond output numbers,” said Pottie de Bruyn, General Manager of Coca-Cola Beverages Africa in Namibia. “It's about creating shared opportunities across the value chain. The increased production also provides a boost to local businesses that supply us with raw materials and services.”

Sunil Gupta, Chief Executive Officer of CCBA, echoed the sentiment, adding, “This investment is a clear demonstration of our continued belief in the future of Namibia.”

Gupta also highlighted CCBA's broader goals: “As a customer-centric, digitally enabled, growth-driven business, we are committed to excellence across our value chain. Efficient operations allow us to offer faster delivery and superior service. This new production line is another step in our journey to achieve even greater levels of execution excellence.” 

Distributed by APO Group on behalf of Coca Cola Beverages Africa.

Media Contacts:
Enid Johr 
PACS Director 
CCBA in Namibia 
Tel: +264 81 778 5381 
Email: ejohr@ccbagroup.com 

Wendy Thole-Muir 
Head: Reputation and Communication 
Coca-Cola Beverages Africa  
Tel: +27 83 795 8524 
Email: WThole-Muir@ccbagroup.com 

Judith Wilhem
+264813473538

Follow us on:
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About CCBA:
CCBA is the 8th largest Coca-Cola bottling partner in the world by revenue, and the largest on the continent. It accounts for over 40% of all Coca-Cola products sold in Africa by volume. With over 18,000 employees in Africa, CCBA services more than 720,000 customers with a host of international and local brands. The group was formed in July 2016 after the successful combination of the southern and east Africa bottling operations of the non-alcoholic ready-to-drink beverages businesses of The Coca-Cola Company, SABMiller plc and Gutsche Family Investments. CCBA shareholders are currently: The Coca-Cola Company 66.5% and Gutsche Family Investments 33.5%. CCBA operates in 15 countries, including its six key markets of South Africa, Kenya, Ethiopia, Uganda, Mozambique and Namibia, as well as Tanzania, Botswana, Ghana, Zambia, the islands of Comoros and Mayotte, Eswatini, Lesotho, and Malawi.

Learn more at  https://www.CCBAGroup.com

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Green Building Trends in Africa: Africa’s Urbanization Provides the Opportunity to Embrace Green Building

Location: News
Bureau Veritas

By Julien Fouilliart-Building & Infrastructure Growth Leader Middle East, Caspian and Africa, Bureau Veritas (https://group.BureauVeritas.com)​.

Globally, buildings are responsible for a substantial share of energy, electricity, water and materials consumption using between 35-40% of energy demand and contributing 37 per cent of world carbon dioxide (CO2) emissions. Including the manufacturing of building materials.

The 2022 updated Global Buildings Climate Tracker (GBCT) (https://apo-opa.co/3YLJiZG) shows that there is a significant gap between the current state and the desired decarbonization path which is concerning. In effect it means that to align with the 2030 milestone, an annual increase of ten decarbonization points is now necessary which is a substantial jump from the six points per year anticipated starting in 2015.

In 2019 in Africa, buildings accounted (https://apo-opa.co/4e8NIhN) for 57% of total final energy consumption and 32% of total process-related CO2 emissions.

Despite continental issues of poverty, unemployment and rapidly developing informal settlements among other issues, many countries in Africa are embracing green, sustainable building practices.

With its burgeoning population, expected to add some  1.2 billion people by  2050 (https://apo-opa.co/3AxgxXo) Africa faces rapid urbanization.

Urbanization provides an opportunity for countries across Africa to embrace green building practices, access available international green funding opportunities, and set a foundation for sustainability for future generations.

In 2023 the Africa Regional Network of World Green Building Council (WorldGBC) launched the Africa Manifesto for Sustainable Cities and the Built Environment, which sets out the actions that  policymakers and businesses across the continent need to take to achieve a net zero carbon, healthy, resilient, equitable, socially- and economically-inclusive built environment for everyone, everywhere.

Achieving these goals requires policymakers and business leaders across the continent to recognise the untapped potential of the built environment. But this can only be realized with the implementation of policies that support transformative action, through intense collaboration between governments, city and regional leaders, businesses and investors. 

South Africa is leading Africa's green building sector (https://apo-opa.co/3YLdq7N). It has over two million square meters certified green buildings that reduce water consumption, electricity, and waste disposal; 50 certified projects are projected to result in an annual saving of 76 million kilowatt hours which is equivalent to the electricity needs of 5,300 households every year.

South Africa has its own National Standard 10400 Part XA that deals with optimizing energy efficiency in buildings and in the light of this the Green Star South Africa and EDGE green building tools have been adapted and are widely used in the country. International rating systems like LEED and WELL are also used.

The scope of green construction in Egypt has been slow to grow but Egypt has two local rating systems in place called TARSHEED and the Green Pyramid Rating System. These, along with EDGE, LEED and WELL are used in various projects.

The Nigerian government has pledged to achieve a 20% reduction in its greenhouse gas emissions by 2030 and 45% with international support. Green building will likely be a big part of this change.

This country's National Building Code, developed by the National Council on Housing and Urban Development, and the Building Energy Efficiency Guideline (BEEG), also support the agenda of sustainable development by setting requirements for occupant health and safety, use of local and safe building materials and energy efficiency among other criteria.

Morocco has several legal provisions in place to promote sustainability and environmental protection through construction impact assessments for new building projects as well as energy-efficient construction requirements applicable to most residential and commercial projects. Several projects in the country have also achieved LEED green building credentials.

It also has several renewable energy projects such as the Noor Midelt Solar Plant and Tarfaya Wind Farm, one of the biggest wind farms in the continent.

As the drive towards Net-Zero heightens more African countries are joining the African Regional Network of the World Green Building Council. NGOs and other industry professionals are setting up green building councils in South Africa, Egypt, Tunisia, Nigeria, Botswana, Zimbabwe, Namibia, Mauritius, Tanzania, Kenya, Cameroon and Uganda.

One of the big hurdles restraining a sustainable development movement in the construction industry is a lack of awareness for practical sustainable actions among many developers and investors.

In South Africa there is a broad awareness of Green Buildings and the market share of certified buildings among all new builds is increasing. The 2021 International Finance Corporation's (IFC) Green Building Market Stakeholder Assessment for South Africa showed that on the supply side, key motivating factors for Green Buildings are their reduced carbon footprint increased end user demand and increased marketability.

From the occupier's perspective the motivating factors for buying or leasing a Green Building are lower utility bills and lower operating costs. Yet, at a residential level occupiers are only willing to pay a two percent premium for these benefits.

The IFC report points out that the perceived cost of construction and certification of green buildings are also considered major obstacles to the expansion of certified Green Buildings in South Africa (https://WorldGBC.org/). Its research indicates that those in the know estimated the additional construction cost to be 10% or higher, while those unfamiliar with Green Buildings are likely to significantly overestimate costs.

Currently, four out of six financial institutions provide financing for Green Building projects in some form or another and three require a certification to approve the loan. The portfolios of two consist of retrofitting existing buildings into Green Buildings; two of commercial and industrial Green Building construction finance and only one residential Green Building construction finance. Of the two FI's that currently do not fund any Green Building one plans to do so in the future while the other does not see this as part of their strategy.

The investment into green construction (https://apo-opa.co/4e8NYgL) has multiple benefits; it facilitates growth while addressing issues like employment, climate change, and poverty.

However, more needs to be done to improve the understanding of the benefits of green buildings such as lower operational costs, increased ROI as well as an overall improvement in occupant health and wellbeing. Financial institutions need to do more to support green construction. Those which have pledged to lower their investments in carbon producing industries could create green bonds or funds for the African construction sector. Government's need to provide policy support along with incentives to catalyze market development.

 All this suggests that there is still a sizable information gap regarding the cost, certification and benefits of Green Building and that further knowledge dissemination efforts are needed to close it.

Distributed by APO Group on behalf of Bureau Veritas.

About Julien Fouilliart:
Julien Fouilliart is a seasoned business development professional with 15 years of experience in international, multicultural, and cross-sector environments. He currently leads the growth of Bureau Veritas' Building & Infrastructure market across the Middle East, Caspian, and Africa regions. Julien holds a degree in Mechanical Engineering from Belfort University in France. He is based in Kenya and has a deep passion for the African continent. Julien has played a key role in the development of large and iconic infrastructure projects across the region. He has an extensive international background, having worked in France, China, Spain, Belgium, and the United Kingdom. His experience includes collaborating with global companies and public institutions to drive business growth in sectors such as aerospace, IT, rail, building, and transport infrastructure.

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Tanzania President, Merck Foundation Chairman and CEO with 15 First Ladies inaugurate their 11th Africa Asia Luminary 2024

Location: News
Merck Foundation

  • 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. 

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
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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.

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Read moreTanzania President, Merck Foundation Chairman and CEO with 15 First Ladies inaugurate their 11th Africa Asia Luminary 2024

One Week to Go Until Investors Unite at AEW

Location: News
African Energy Chamber

The largest gathering of energy stakeholders on the African continent is gearing up to welcome global and African energy stakeholders for five days of dialogue and deals. African Energy Week (AEW): Invest in African Energy 2024 – dubbed the premier event for the African energy sector – will take place from November 4-8 in Cape Town, South Africa. The foremost platform to sign deals and further the agenda towards making energy poverty history by 2030, the conference will feature seven stages, including five content stages, two technical hubs and a full day of pre-event workshops.

With over 125 million barrels of proven oil reserves, 620 trillion cubic feet of natural gas and abundant opportunities in solar, wind and green hydrogen, Africa has the potential to become a global hub for energy. African energy demand is projected to more than double by 2050, with fossil fuels anticipated to account for up to 60% of the continent's energy mix by 2040. As such, this year's conference promises to drive a new wave of investment across the African energy sector, with industry experts and thought-leaders, African governments and national oil companies (NOCs), and energy investors leading discussions on the challenges and opportunities found on the continent.

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.

Africa's energy industry is both the backbone of the continent's economy and a catalyst for sustainable growth worldwide. As such, the AEW: Invest in African Energy 2024 conference will feature a series of pre-event interactive workshops, providing an opportunity for companies to share in-depth knowledge and exchange ideas with a targeted group of delegates. The workshops, hosted by companies such as Rystad Energy, NCDMB, CLG, Energeo Alliance and S&P Global Commodity Insights, will cover various topics including energizing Africa amid the global energy transition; legislative and regulatory context for promoting investment in exploration; and facilitating investments and mergers and acquisitions across the continent.

A high-level opening ceremony will kick off at the Cape Town International Convention Center (CTICC) on the first day of the event. The opening ceremony will feature addresses from Angola's Minister of Mineral Resources and Petroleum Diamantino Azevedo and South Africa's Minister of Electricity and Energy Kgosientsho Ramokgopa, and discussions with the likes of Dr. Omar Farouk, Secretary General of the African Petroleum Producers' Organization and Chairman and CEO of upstream oil company Kosmos Energy Andy Inglis. The AEW: Invest in African Energy 2024 opening will kick off a week of intense dialogue on the future of the African energy industry. The opening will also feature a number of panel discussions focusing on the vital role Africa plays in addressing global energy security, as well as keynote addresses from the heads of some of the largest energy companies in the world.

Representing the entire energy value chain from oil and gas to renewable energy to power and infrastructure, AEW: Invest in African Energy 2024 will feature a massive slate of regional ministers with the aim of unpacking the continent's strategies to make energy poverty history by 2030. Ministers from Libya and Algeria are poised to showcase North Africa's ambitious production targets while aiming to plug Europe's energy gap and enhance domestic energy access. Southern Africa's ripe opportunities in energy and mining will be put on display by ministers from Mozambique, Angola, South Africa, Zambia and Namibia while West African ministers from the MSGBC region, Nigeria, Ghana and Burkina Faso will provide updates on ongoing projects. With major producers such as Equatorial Guinea, Gabon and the Republic of the Congo (ROC) inviting investors to support diversification efforts in production and refining, regional ministers from Central Africa will share insight into available opportunities in oil and gas, mining and infrastructure. Meanwhile, as a frontier market, East Africa is incentivizing exploration in both on- and offshore basins while driving infrastructure and field development projects forward and will be represented by energy and mining ministers from Ethiopia, Uganda, and South Sudan.

Africa is accelerating the pace of upstream projects with the aim of boosting production and intra-African petroleum distribution. Across both mature and emerging hydrocarbon markets, investment opportunities continue to emerge, and as such, AEW: Invest in African Energy 2024 will feature a strong lineup of VIP speakers from energy supermajors Eni, bp, Chevron and TotalEnergies. The event will also feature representatives from some of the continent's most important energy players including Azule Energy, ReconAfrica, Etu Energias, Africa Oil Corp., Wood Mackenzie and Adarco Energy, among many more. The oil industries of African countries will be represented by NOCs from Angola, Namibia, South Africa, Tanzania, Uganda, among others.

With two technical hubs on the exhibition floor of the CTICC, the conference serves as a prime platform for companies to provide presentations on various industry-leading technical themes. The AEW: Invest in African Energy 2024 technical track features a dedicated stage for asset owners, engineers and technology innovators to present projects, provide deep insights into cutting-edge solutions, and share best practices to foster knowledge. Attendees will gain valuable insights into the future of energy and learn about ground-breaking projects while discovering new opportunities for collaboration and investment. An exclusive exhibition-only pass grants delegates access to both the innovative exhibition floor and the technical track.

Rounding off AEW: Invest in African Energy 2024's strong program, a series of technical excursions and site visits across Cape Town offer participants the unique opportunity to gain insight into ongoing projects and developments in South Africa. A guided tour of the Hydrogen Project at the University of the Western Cape will focus on industry technology and development. The tour will also take delegates to the South African Renewable Energy Technology Center at the Cape Peninsula University of Technology, which stands as the country's inaugural sustainable energy development technology facility. The excursion will feature a tour of the Atlantis Special Economic Zone, which stands as a promising landmark in Africa's energy landscape while showcasing advancements in sustainable energy solutions, economic development and innovation. Rounding off the site visits, the tour will also take participants to the Eskom Palmiet Power Station, a hydroelectric pumped storage facility that plays a key role in stabilizing the national power grid.

“AEW 2024 stands at the center of African energy and provides an unparalleled platform to forge partnerships, share knowledge and drive progress in the continent's energy sector. It is our collective responsibility to prioritize energy poverty alleviation and sustainable development, ensuring a brighter future for all Africans. We look very much forward to kicking off this exciting event and welcoming hundreds of delegates from all over the world to drive Africa's energy needs,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

During the AEW: Invest in African Energy 2024 conference, delegates will be exposed to project updates, industry highlights, investment opportunities and strategies that address the continent's goals for eradicating energy poverty and promoting environmental sustainability. With one week to go, the conference is already stacking up to become the foremost energy event of its kind once again on the African continent.

Distributed by APO Group on behalf of African Energy Chamber.

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CSIR Transport Safety Lab to help reduce road crashes

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CSIR Transport Safety Lab to help reduce road crashes

Minister of Science, Technology and Innovation, Professor Blade Nzimande, has unveiled the Transport Safety Lab at the Council for Scientific and Industrial Research (CSIR) to enhance road safety policies and products on the continent.

Unveiled on Thursday, the laboratory includes a stationary driving simulator located on the CSIR’s Scientia campus in Pretoria, along with a vehicle equipped with sensors to gather data on driver behaviour and road conditions.

CSIR Smart Society Group Executive, Dr Sandile Malinga, stated that the lab will collect and analyse road safety data from the real world and simulations, which can be used to improve transport safety policies and products.

“This dual approach gives the CSIR Transport Safety Lab a unique sweet spot in the industry, merging laboratory precision with practical, on-the-road experimentation,” he said, adding that it will ultimately help reduce fatalities and the socio-economic burden of road crashes.

The CSIR Senior Researcher, Lerato Kgoa, explained that the lab’s testing vehicle, known as the Drive Lab, can gather live data from South Africa’s roads, enabling researchers to analyse signage visibility, road conditions, and driver behaviour patterns under various circumstances.

Meanwhile, the driving simulator known as the Simulator Lab, will play a complementary role. 

According to  Kgoa, the simulator can recreate hazardous driving conditions in a controlled environment and will allow researchers to observe how drivers respond to dangers like adverse weather conditions, poor visibility or challenging road surfaces.

“By simulating these scenarios without the real-world risks, researchers can gather valuable data on driver behaviour, decision-making processes, and potential improvements in road safety measures,” she added.
The lab features specialists in transport safety, human behaviour, and crash analysis. It has already conducted a successful pilot study on how drivers perceive fluorescent yellow.

Malinga explained that the lab’s research supports the Safe System Approach that South Africa has adopted, where road users, policymakers, transport planners, vehicle manufacturers, infrastructure designers, and road agencies all share the responsibility for improving road safety. 

According to the CSIR, this approach is a globally recognised framework endorsed by the United Nations.
CSIR CEO, Dr Thulani Dlamini, said original equipment manufacturers, transport operators and private investors can use the new facility to test and refine new products such as vehicles, road restraint systems and digital technologies.

“Early involvement ensures that industry leaders gain a competitive edge as they co-develop cutting-edge solutions with the CSIR’s research experts,” Dlamini stressed. 

“We encourage industry partners to join us in reducing road crashes and ensuring sustainable road infrastructure in South Africa and beyond.”

He believes that the lab will also enable evidence-based policymaking aligned with South Africa’s National Road Safety Strategy 2016-2030 and that it will work with continental bodies such as the Road Traffic Management Corporation and the Namibia Road Authority.

“The lab’s insights are set to inform regulatory frameworks, support law enforcement strategies, and influence infrastructure development,” Dlamini added. 

The CSIR Transport Safety Lab is funded by the Department of Science, Technology and Innovation. – SAnews.gov.za
 

 

Gabisile
Fri, 10/25/2024 - 11:22

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Freedom fighter Basil February’s remains finally handed over to his family

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Freedom fighter Basil February’s remains finally handed over to his family

Western Cape MEC for Cultural Affairs and Sport Ricardo Mackenzie and Head of Department Guy Redman have officially handed over custodianship of the remains of struggle stalwart, Basil February, to his family. 

The ceremony took place at St George’s Cathedral in Cape Town on Wednesday. 

February, who died in combat in 1967 while exiled in Zimbabwe, was one of 49 struggle stalwarts repatriated to South Africa in September 2024. 

February is one of three stalwarts, whose remains will be returned to their home province -- the Western Cape.

February’s remains were buried for over five decades in an unmarked grave in Bulawayo.

The Repatriation and Reburial Project for Liberation Stalwarts is a collaborative effort involving several government departments and entities. 

The entities involved include the Presidency, the National Department of Sport, Arts and Culture, the South African Heritage Resources Agency, the Department of Home Affairs, the National Prosecuting Authority’s Missing Persons Task Team, the Department of Defence and Military Veterans, as well as various provincial departments.

The project also works closely with local communities, historical experts and governments at various levels to ensure a smooth and dignified process.

In his address, Mackenzie said: “Today, we hand over custodianship of the mortal remains of Basil February, a liberation hero recently repatriated to South Africa, who died in combat fighting against apartheid. 

“We honour his family and their sacrifice, and we hope that his return home brings a measure of peace.”

The MEC said February’s story is part of the national heritage, and his fight for justice, equality, and human dignity will inspire future generations.

The Western Cape Department of Cultural Affairs and Sport has stated that it will continue its involvement in the Repatriation and Reburial Project for Liberation Stalwarts. 

The department has also committed to providing support to the families affected throughout this process on behalf of the provincial government.

Last month, the State hosted the repatriation and restitution homecoming ceremony for the 42 South African freedom fighters who perished in Zambia and Zimbabwe during the apartheid era.

READ | Honouring SA’s liberation heroes and heroines 

The remains included that of former African National Congress (ANC) Secretary-General Duma Nokwe; Head of the ANC Women’s Section Florence Mophoshe; composer, musician and journalist, Todd Matshikiza, and other unsung liberation fighters.

In his address last month, President Cyril Ramaphosa said the repatriation and restitution marks not just the end of a long journey, but the beginning of healing for the families they left behind. 

The President stressed the importance of South Africans recognising and honouring the former liberation heroes and heroines who have returned to their home country, acknowledging their vital role in securing the nation’s freedom.

“South Africans need to know the names and appreciate the contributions of these returned freedom fighters. I ask that we read out the names of these patriots for all our people to know them.”

READ | South Africans must know the names of struggle heroes and heroines

The country’s commander-in-chief has since tasked Mackenzie with establishing a Heroes' Acre to celebrate the nation’s struggle heroes. 

"As I travel to other countries like Zimbabwe, Namibia and Mozambique, they have created incredible Heroes' Acres, where the heroes of their struggle are buried, and those memorial sites have, in many ways, become sacred places of the nation. 

“Of course, we may well argue that our leaders and heroes are buried all over the country, but it does not mean that monuments that memorialise them cannot be brought together at a Heroes' Acre,” the President said then. – SAnews.gov.za

 

Gabisile
Thu, 10/24/2024 - 10:09

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Petrobras to Lead Brazilian Companies to African Energy Week (AEW) 2024

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Brazil's state-owned oil and gas company Petrobras is leading a delegation of Brazilian companies to the African Energy Week (AEW): Invest in African Energy conference – taking place November 4-8 in Cape Town. The move follows a string of acquisitions made by Brazilian companies in Africa in recent months and aims to unlock new avenues for partnerships in oil and gas exploration and production.

The delegation comprises Petrobras' Exploration and Production Director Sylvia dos Anjos; Dr. Roberto Ardenghy, President of the Brazilian Institute of Oil and Gas; Dr. Marcio Mello, Founder of the Namibia Energy Corporation; and Henrique Luiz de Barros Penteado, Petrobras Netherlands B.V. Exploration Manager. As the largest energy event in Africa, AEW: Invest in African Energy 2024 offers a strategic platform for strengthened Africa-global partnerships.

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 http://www.AECWeek.com for more information about this exciting event.

Petrobras – the biggest oil producer in Brazil – is rapidly expanding its footprint in Africa, with strategic acquisitions in South Africa, Namibia and São Tomé and Príncipe. In September 2024, the company's board gave the greenlight to acquire a 10% stake in the offshore Deep Western Orange Basin in South Africa, heralding a new era of exploration in the promising block. Situated adjacent to where high-profile discoveries have been made in Namibia, the deepwater block offers significant potential for billion-barrel finds. The block is operated by energy major TotalEnergies alongside project partners QatarEnergy and Sezigyn.

In Namibia, Petrobras is making a bid for a 40% stake in the Mopane oil and gas exploration block, which international oil company Galp has put up for sale. The block was the host of a major discovery in January 2024, with reserves estimated as high as 10 billion barrels recoverable. Now, Galp is seeking farm-in partners to accelerate the development of the block. If successful, the acquisition would signal Petrobras' entry into the market, which has been the host of some of Africa's biggest offshore discoveries in recent years. This aligns with the company's goal to expand its international footprint while paving the way for Namibia to leverage the expertise of its South American neighbor.

Petrobras' return to Africa followed the acquisition of interests in three Shell-operated exploration blocks in São Tomé and Príncipe in December 2023. The deal covers Blocks 10, 11 and 13, aligning with the company's strategy to expand its interests into frontier markets in Africa. The company has dedicated $1.3 billion over the next five years for exploration outside of Brazil, underscoring its commitment to diversifying its portfolio and driving exploration in Africa.

Looking ahead, Petrobras remains committed to frontier exploration opportunities. Recently, Petrobras has asked to consult geological data in Angola, Sierra Leone, Equatorial Guinea, Liberia, Benin and Ivory Coast. The company's newfound upstream strategy aims to significantly enhance its production capacity while tapping into the potential of emerging and promising markets – particularly those in Africa. This extends to producing countries such as Angola, which continues to offer untapped potential in onshore and ultra-deepwater acreage. Angola and Brazil rank in the top ten globally for ultra-deepwater reserves, highlighting a strategic opportunity for collaboration. Frontier assets such as in the Namibe basin offer strategic potential for Petrobras. At AEW: Invest in African Energy 2024, these collaborative opportunities will be a key topic of discussion, with the Brazilian delegation engaging with industry leaders and project developers in Cape Town.

“Brazil's exploration and production history bears remarkable similarities to that of its African counterparts, specifically frontier markets such as Namibia. Offering similar geological characteristics and with a string of large-scale projects underway, lesson learnt from Brazil can accelerate the pace and success of oil and gas developments in Africa. Companies such as Petrobras are already strengthening their portfolio of African assets, driving projects forward in partnership with African and global players,” states NJ Ayuk, Executive Chairman of the African Energy Chamber.

During AEW: Invest in African Energy 2024, the Brazilian delegation will participate in various panel discussions, tackling critical topics such as frontier exploration, sustainable oil and gas development and technology-driven drilling solutions. The delegation's participation creates strategic opportunities for newfound partnerships as African countries move to unlock the full potential of their offshore oil and gas resources. 

Distributed by APO Group on behalf of African Energy Chamber.

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African Development Bank Appoints Dr Kennedy Mbekeani as Director General for East Africa

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African Development Bank Group (AfDB)

The African Development Bank Group (www.AfDB.org) has appointed Dr Kennedy K. Mbekeani as Director General for the East Africa Regional Development, Integration and Business Delivery Office, and Country Manager for Kenya, effective from 16 October 2024.

Mbekeani, a citizen of Malawi has over 25 years of senior experience in development finance, project management, policy advisory services, and knowledge generation at national and regional levels.

Prior to this appointment, he served as deputy director general for the Bank's Southern Africa Regional Development, Integration and Business Delivery Office. In this  role  he led the Bank's business development and delivery for sovereign and non-sovereign investments, and provided advisory services to South Africa, Lesotho, Botswana, Eswatini, Namibia and Mauritius. His efforts contributed to the Bank's reputation as a trusted partner for high impact development projects in the region. He also managed relationships with governments and the private sector.

Mbekeani joined the Bank in 2009 as Chief Trade and Regional Integration Officer. Subsequently he has held various roles including lead regional economist, officer in charge and acting regional director respectively of the Bank's South African Resource Centre. While serving as country manager for Uganda, he successfully expanded the Bank's portfolio to over $2 billion.

Before joining the Bank, Mbekeani worked for  the United Nations Development Programme as a trade, debt and globalisation advisor for East and Southern Africa. He also served as senior research fellow at the Botswana Institute for Development Policy Analysis, and senior economist at the National Institute for Economic Policy in South Africa.

He holds a Bachelor of Social Science (Economics and Statistics) degree from the University of Malawi, an MPhil in Monetary Economics from the University of Glasgow, and both an MA and PhD in International Economics from the University of California. He has authored numerous publications focusing on trade, regional integration, and infrastructure development in Africa.

Commenting on his appointment, Mbekeani said: “I am grateful and feel honoured by the confidence President Adesina placed in me through this appointment, as Director General for the East Africa Regional Development, Integration and Business Delivery Office and country manager for Kenya. I look forward to working with the president, the Board of Directors, senior management, our teams and stakeholders to enhance the Bank's operational efficiency, effectiveness and drive impactful developmental outcomes across the region.”

President of the African Development Bank Group and Chairman of the Board of Directors Dr Akinwumi Adesina said: “I am delighted to appoint Dr. Kennedy Mbekeani as Director General for the East Africa Regional Development, Integration and Business Delivery Office, and Country manager for Kenya. Kennedy brings extensive experience in managing operations, policy dialogue, coupled with astute diplomacy and well-tested ability to work effectively with countries and development partners. His knowledge of the Eastern Africa region and well-proven experience in delivering robust operations for the public and private sectors will strongly benefit the work and operations of the African Development Bank Group in East Africa and all countries in the region.”

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media Contact:
Olufemi Terry
Communication and External Relations
media@afdb.org

About the African Development Bank Group:
The African Development Bank Group is Africa's premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

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Confirmed Speakers for the 3rd International African Energy, Oil, and Gas Summit 2024

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African Peace Magazine

African Peace Magazine UK (https://AfricanPeace.org/) is honoured to announce the distinguished line-up of speakers for the 3rd International African Energy, Oil, and Gas Summit, set to take place from October 23rd to 25th, 2024, at Hilton, Windhoek, Rev. Michael Scott Street, Windhoek, Namibia. This summit brings together some of the most influential leaders, industry experts, and change-makers in the energy sector across Africa. These individuals have significantly shaped their respective industries and will contribute profound insights into Africa's energy future. The Charity Golf Tournament and other Tour activities would commence from the 26th to the 30th of October 2024. The Speakers are;

  • Hon. Justice Suleiman Galadima (JSC, OFR, CFR, Rtd) – Chairman of the Board, African Peace Magazine UK

Hon. Justice Galadima is a revered figure in Nigeria's legal community, having served as a Justice of the Supreme Court of Nigeria. He is known for his unwavering commitment to justice and governance in Africa. As Chairman of African Peace Magazine, Justice Galadima plays a critical role in fostering dialogue around peace, security, and development across the continent.

  • HRH Sir David Serena-Dokubo Spiff – Ada IX, Paramount Ruler of Spiff Town, Bayelsa State

HRH Sir David Serena-Dokubo Spiff is a prominent traditional leader from Bayelsa State, Nigeria. His deep commitment to the socio-economic advancement of his people and his influence on the region's energy and resource management make him a vital voice at the summit. He actively advocates for responsible management of natural resources in his community.

  • Dr. Martha Namundjebo-Tilahun – Chairperson, United Africa Group, Namibia

Dr. Martha Namundjebo-Tilahun is a powerful figure in Namibia's business sector and beyond. As the Chairperson of United Africa Group, she has been a driving force behind several large-scale projects in hospitality, real estate, and renewable energy. Her leadership in advancing Africa's energy landscape and sustainable development strategies is exemplary.

  • Abiola Metilelu – CEO, PressPayNG

Abiola Metilelu leads PressPayNG, a groundbreaking fintech company that offers education financing solutions. Under his leadership, PressPayNG is bridging the financial gap for students across Nigeria, directly impacting the education and energy sectors by creating a more skilled workforce for the future.

  • Dr. Udochu Ogbonnaya – Executive Director, Green Energy International Ltd (GEIL)

A visionary in Nigeria's oil and gas industry, Dr. Udochu Ogbonnaya is shaping the future of sustainable energy in Africa. As the Executive Director of GEIL, he drives innovation in the extraction and development of energy resources while maintaining a focus on environmental responsibility.

  • Mrs. Frieda Tunyoleni Amuela – Extractive Industry Law Expert

Mrs Amuela is a respected expert in the legal frameworks governing Africa's extractive industries. Her insights into compliance and legal challenges in oil and gas operations have made her a sought-after voice in regulatory discussions. Her work ensures that Africa's natural resources are managed with accountability and transparency.

  • Mr. Immanuel Mulunga – Former MD, National Petroleum Corporation of Namibia (NAMCOR)

Mr. Mulunga is a seasoned expert in Namibia's oil and gas industry, having held key leadership roles, including serving as Managing Director of NAMCOR. His deep understanding of petroleum resource management in Namibia and his strategic leadership have had lasting impacts on the country's energy landscape.

  • Engr. Chukwuemeka Woke – Director-General/CEO, National Oil Spill Detection and Response Agency (NOSDRA)

Engr. Woke leads NOSDRA, Nigeria's primary agency responsible for monitoring and responding to oil spills. His efforts in promoting environmental sustainability in the face of oil extraction activities have been instrumental in safeguarding Nigeria's ecological future.

  • Professor Geoffrey Shakwa – Founder & MD, Anti-Corruption Education Consultancy

Professor Shakwa is a staunch advocate for anti-corruption measures in Africa, having founded the Anti-Corruption Education Consultancy. His work aims to educate and promote transparency, which is critical for sustainable development in Africa's energy sectors.

  • Mr Tassius Chigariro – Chief Executive Officer, Old Mutual Namibia

Tassius Chigariro heads Old Mutual Namibia, a leading financial services company. His strategic expertise in investments and financial management has made Old Mutual a key player in supporting economic growth in Namibia and throughout Africa's energy sectors.

  • Dr. Joseph Tolorunse – Authority Secretary and Legal Adviser, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)

Dr. Tolorunse brings a wealth of knowledge in regulatory frameworks, ensuring Nigeria's midstream and downstream petroleum sectors operate within best practices and international standards. His work strengthens Nigeria's position as a key player in the global energy market.

  • Olusegun Ilori (Esq) – Executive Director, Green Energy International Ltd (GEIL)

A legal expert in energy law, Olusegun Ilori has been instrumental in shaping GEIL's business strategy, ensuring compliance with global energy regulations while advocating for sustainable practices.

  • Engr. Sunday Babalola – Executive Director, Green Energy International Ltd (GEIL)

Engr. Babalola's expertise in engineering and operations has been pivotal to GEIL's success in executing oil and gas projects with a focus on innovation and sustainability.

  • Alh. Auwalu Abdullahi Rano (OON) – Founder & CEO, A.A. Rano Nigeria

Alh. Rano is a prominent entrepreneur in Nigeria's oil and gas sector, with his company, A.A. Rano, being a leading player in petroleum marketing and distribution. His business acumen has significantly contributed to Nigeria's energy supply chain.

  • Prof. Anthony Adegbulugbe – CEO, Green Energy International Ltd (GEIL) & Former SA to the President of Energy

Prof. Adegbulugbe is a renowned energy expert with a wealth of experience in energy policy and management. As CEO of GEIL, he is at the forefront of pushing Africa towards a greener energy future.

  • Dr. Martin Harris – Senior Geosciences Researcher, University of Namibia

Martin Harris is a leading geoscientist in Namibia, focusing on energy resource exploration and development. His research and contributions have enhanced the understanding of Namibia's geological wealth.

  • HRM Makitu III – Kingdom of Kongo, Angola

As the traditional ruler of the Kingdom of Kongo, HRM Makitu III is a respected leader who advocates for the preservation and responsible use of natural resources within his kingdom, including energy resources that are key to Angola's economic development.

  • Engr. Wole Ogunsanya (FNSE) – Chairman/CEO, Geoplex Drillteq Limited

Engr. Ogunsanya leads Geoplex Drillteq, a company offering cutting-edge drilling solutions for Africa's oil and gas industry. His leadership in innovation has made Geoplex a leader in the sector, offering technological solutions that enhance efficiency. Engr. Wole Ogunsanya is the current Chairman of the Petroleum Technology Association of Nigeria. PETAN is an association of Nigerian Indigenous Technical Oilfield service companies in the upstream and downstream. PETAN is the primary trade and advocacy association of the oil and natural gas industry in Nigeria, representing nearly 100 members involved in various aspects of petroleum.

  • Mr. Tarah N. Shaanika – CEO, Namibia Asset Management

Tarah Shaanika oversees Namibia Asset Management, a leading investment company in Namibia. His experience in financial management and investment has propelled the company into playing a crucial role in funding energy and infrastructure projects in Namibia.

  • Aggrey Ashaba – General Manager, Alliad, Uganda

Aggrey Ashaba is a business leader with deep expertise in the oil, gas, mining, and energy sectors. As General Manager of Alliad in Uganda, he plays a key role in driving the country's energy strategy, focusing on sustainable development.

  • Daniel Tuyoleni Williams – CEO, Mind Space Consults

Williams is a respected business consultant whose firm, Mind Space Consults, provides strategic insights and advisory services in energy and business development across Africa, helping companies navigate complex markets and regulatory environments.

  • Alh. Saleh Baba Rano

A key player in Nigeria's oil and gas sector, Alh. Saleh Baba Rano has been instrumental in the growth and development of the sector, bringing strategic insights and leadership to discussions around energy in Africa.

  • Abimbola Okoya – Founder, Basic Education Africa

Abimbola Okoya is a passionate advocate for education in Africa, founding Basic Education Africa to provide accessible learning opportunities to underserved communities. Her work directly impacts the future of Africa's workforce, particularly in the energy and technology sectors.

  • Professor Jude Osakwe – Faculty of Computing and Informatics, Namibia University of Science and Technology

Professor Jude Osakwe is a prominent academic and researcher with a focus on Data Governance, Data Analytics, ICT in Education, and ICT for Development (ICT4D). He holds various professional certifications in project management, big data analytics, business intelligence, and digital marketing. His extensive research work and involvement in international conferences make him a vital contributor to discussions on the integration of ICT into development strategies across Africa. Professor Osakwe's dedication to bridging the gap between theory and practical implementation of ICT solutions has positioned him as a respected figure in the academic and business sectors.

  • M. Jinot Razafimamonjy – Director of Hydrocarbons, Ministry of Energy and Hydrocarbons, Madagascar

M. Jinot Razafimamonjy serves as the Director of Hydrocarbons in Madagascar's Ministry of Energy and Hydrocarbons. His leadership in managing the country's hydrocarbon resources has been instrumental in driving economic growth and ensuring sustainable development in the energy sector. His participation at the summit will provide critical insights into Madagascar's approach to energy management and its vision for the future of its oil and gas industry.

  • S P Jika Ogbeche – Assistant Comptroller General (ACG), Air Nigeria Immigration Service (NIS)**

S P Jika Ogbeche holds a senior leadership role within the Nigeria Immigration Service, overseeing the Air Border Division. His extensive experience in managing Nigeria's air borders and contributing to national security efforts will bring a unique perspective to discussions on energy security and the role of governance in the sector.

  • Engr. Farouk Ahmed – Authority Chief Executive Officer, Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA)

Engr. Farouk Ahmed is at the helm of Nigeria's NMDPRA, playing a critical role in regulating and ensuring the sustainable development of Nigeria's midstream and downstream petroleum sectors. His leadership has been instrumental in modernizing the regulatory framework, promoting investment, and ensuring energy security in one of Africa's most important energy markets.

  • Dr. Lloyd C. Williams – United States of America

Dr. Lloyd C. Williams is an esteemed expert in the fields of energy and sustainability, hailing from the United States. With a distinguished career marked by contributions to both the public and private sectors, Dr. Williams is dedicated to advancing clean energy initiatives and fostering innovation in oil and gas. His global perspective will add invaluable insights into the discussions at the summit.

  • Mr. Tassius Chigariro – Chief Executive Officer, Old Mutual Namibia

As the CEO of Old Mutual Namibia, Mr. Tassius Chigariro is a key figure in the financial services sector, driving initiatives that support sustainable investments in energy and infrastructure. His experience in leading one of Africa's most reputable financial institutions positions him as an influential voice in the intersection of energy finance and economic development.

  • Cydolian Raveloson – Acting Director General, Madagascar Hydrocarbons Office

Cydolian Raveloson is the Acting Director General of Madagascar's Hydrocarbons Office, where he plays a pivotal role in managing the country's energy resources. His efforts are focused on ensuring the efficient exploitation and management of Madagascar's oil and gas reserves, contributing to both the nation's economic growth and energy security.

These esteemed speakers join an already impressive lineup, including leading figures from government, academia, and the private sector, all dedicated to advancing Africa's energy future. Their participation is set to elevate the summit's discussions, fostering meaningful collaborations and forward-thinking strategies.

"The diverse group of speakers at the upcoming IAEOG Summit 2024 reflects our heartfelt commitment to inspiring discussions that lead to tangible outcomes. These industry leaders are passionate about finding ways to alleviate poverty, create job opportunities, and enhance our GDP. Together, we envision a transformative event that enlightens the public and fosters collaborative efforts, ultimately driving meaningful change for the betterment of our communities."- Chairman Hon. Justice Suleiman Galadima JSC, CFR, OFR (Rtd.)

Distributed by APO Group on behalf of African Peace Magazine.

For more details on the full list of speakers, agenda and for sponsorship, participation, partnership, Exhibition and speaking opportunities and all other enquiries please contact:
Florek or Liana
Phone +264817617590
Phone: +264818331921
email: florekharris@africanoilandgassummit.com
event@africanoilandgassummit.com
africanpeacemag@gmail.com

Uduak Okon
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African Development Bank and Absa Unveil Multi-Billion Rand Financial Package to Expand Sustainable Capital Markets, Boost Economic Growth for Women and Youth

Location: Business

African Development Bank Group (AfDB)
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The African Development Bank (www.AfDB.org) and Absa Group, one of Africa's leading financial services providers, today celebrated a landmark agreement to mark the execution of a transformative financial package aimed at increasing funding for underserved segments, across South Africa and the continent. The target audience includes women-owned businesses, youth entrepreneurs, and small and medium-sized enterprises (SMEs).

In addition to enhancing Absa's regulatory capital, the facility will promote access to finance, deepen domestic capital markets, and ensure continued access to global supply chains for issuing banks in regional member countries, including low-income and fragile states.

The financial package includes:

  • A subordinated sustainability-linked (Tier 2) loan amounting to R1.7 billion, complemented by a non-financial support package of R18 million for capacity building and technical assistance targeted at SMEs, youth, and women-owned enterprises.
  • Subscription of R1 billion into Absa's inaugural social (Tier 2) bond issuance, with proceeds earmarked for providing affordable housing loans to female homeowners.
  • A trade finance Risk Participation Agreement (RPA) facility valued at $150 million, designed to underwrite the risks of trade transactions originated by African issuing banks, reinforcing Absa's role as a regional bank.

Several components of the package have already been executed, including the successful issuance of Absa's first Tier 2 social bond on the Johannesburg Stock Exchange in July 2024. The R1 billion proceeds from this bond will be allocated towards affordable housing loans specifically targeting women, empowering them as first-time homeowners in low-income segments.

Leila Mokaddem, Director General of the African Development Bank's Southern Africa Region, stated: “This partnership with Absa Group underscores our commitment to driving sustainable and inclusive economic growth across Africa. Through this financial package, we are not only fortifying Absa's capital base but also ensuring that essential funding reaches women, youth, and entrepreneurs, fostering a more equitable and prosperous continent. This collaboration aligns seamlessly with our strategic priorities of supporting Africa's industrialization and enhancing the quality of life for its people. “

Absa has secured a R1.7 billion sustainability-linked Tier 2 loan aimed at general corporate business purposes while incentivizing the extension of finance products to women-owned SMEs as a key performance indicator. As part of this agreement, Absa is collaborating with the African Development Bank to enhance skills among both Absa staff and women business owners. A capacity-building training program has been launched to address the unique challenges faced by female and youth entrepreneurs, by providing mentorship and financial solutions.

Charles Russon, Absa Group interim CEO designate remarked: “The finalisation of this package concludes a three-year process that significantly enhances our capacity to fund social initiatives aligned with our commitment to being a force for good. This partnership enables us to increase funding for women and youth in South Africa while facilitating greater trade opportunities across the continent. “

“This partnership aligns with the African Development Bank's strategic objectives of advancing green, social, and sustainability instruments in the domestic capital markets, supporting African capital market development and regional financial integration,” said Ahmed Attout, Director of the Financial Sector Development Department at the African Development Bank. He emphasised that it is designed to empower Absa to effectively disburse funds for highly impactful social and sustainable economic development initiatives.

The $150 million trade finance facility will drive trade support across Africa, addressing the continent's annual trade finance gap of over $100 billion. This initiative will enhance access to financing for key sectors such as agriculture, transport, and manufacturing, while fostering financial sector development and regional integration.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Contact:             
African Development Bank:  
Natalie Naudé,
Communication and External Relations Department,
email: media@afdb.org

Technical Contacts:
Peter Onyango,
Chief Capital Markets Officer,
Financial Sector Development Department,

Bleming Nakati,
Regional Lead,
Private Sector Operations, Southern Africa

Absa:
Carli Cooke,
Head of Media Relations,
email : prmedia@absa.afrca

About the African Development Bank Group:
The African Development Bank Group is Africa's premier development finance institution. It comprises three distinct entities: the African Development Bank (AfDB), the African Development Fund (ADF) and the Nigeria Trust Fund (NTF). On the ground in 41 African countries with an external office in Japan, the Bank contributes to the economic development and the social progress of its 54 regional member states. For more information: www.AfDB.org

About Absa Group:
Absa Group Limited (‘Absa Group') is listed on the Johannesburg Stock Exchange and is one of Africa's largest diversified financial services groups.  Absa Group offers an integrated set of products and services across personal and business banking, corporate and investment banking, wealth and investment management and insurance.  

Absa Group owns majority stakes in banks in Botswana, Ghana, Kenya, Mauritius, Mozambique, Seychelles, South Africa, Tanzania (Absa Bank Tanzania and National Bank of Commerce), Uganda and Zambia and has insurance operations in Botswana, Kenya, Mozambique, South Africa and Zambia. Absa also has offices in China, Namibia, Nigeria and the United States, as well as securities entities in the United Kingdom and the United States, along with technology support colleagues in the Czech Republic. 

For further information about Absa Group Limited, visit www.Absa.africa. 

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Rosatom Accelerates African Nuclear Development

Location: News
African Energy Chamber

Russia's state-owned nuclear corporation Rosatom has joined the African Energy Week (AEW): Invest in African Energy conference – scheduled for November 4-8 – as a gold sponsor. The sponsorship aligns with the corporation's ambitions to strengthen its presence in Africa and follows a strong of deals forged with various African countries in the fields of nuclear power development, knowledge sharing and mining.  

Currently, there is a surge in nuclear energy adoption in Africa, with projects targeting 15 GW of operational capacity by 2035, the Nuclear Business Platform estimates. Over 10 African countries are looking to embrace nuclear energy, the majority of which are leaning on global partnerships such as those fostered with Rosatom to accelerate project development. Rosatom's return to AEW: Invest in African Energy reflects its growing intention to support projects in Africa.  

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 http://www.AECWeek.com for more information about this exciting event.

Rosatom signed an agreement with the Republic of Congo – which has ambitions to enhance the adoption of nuclear energy - in July 2024. The deal will see the parties collaborate on the peaceful utilization of nuclear energy and hydroelectric power. This aligns with the Republic of Congo's efforts to diversify its energy mix beyond oil, leveraging Rosatom's expertise to improve energy access.

The agreement followed the signing of an MoU with Guinea-Conakry in June 2024 to cooperate on the development of floating nuclear power plants. The corporation currently operates the world's only floating co-generation nuclear power plant – Akademik Lomonosov - and aims to construct an additional 7 facilities worldwide. Suitable for remote regions with undeveloped or unreliable power grids, floating nuclear offers a range of benefits for African countries. As a small nuclear power plant, the facilities provide access to clean and affordable power for hard-to-reach communities, offering an environmentally-friendly energy option with 24/7 operational capacity. The agreement with Guinea-Conakry will see Rosatom construct floating nuclear plants, equipped with RITM-200 reactors. Power will be used to support industrial and domestic consumption.   

Rosatom also signed an agreement with Burkina Faso's Ministry of Energy, Mines and Quarries for the construction of a nuclear power plant in the country. Construction will be complete by 2025 with the project expected to double Burkina Faso's power production by 2030. The deal also features a clear roadmap to enhance the country's nuclear power adoption, including the establishment of a regulatory framework for nuclear energy.

In addition to nuclear power development, Rosatom is driving nuclear energy capacity building and training across Africa. The company aims to utilize its expertise in the industry to support human capital development across the continent, with various programs in place to achieve this goal. In South Africa – the continent's only nuclear power producer – Rosatom signed an agreement with the state-owned power utility Eskom for a nuclear action plan for the period 2024-2026. The plan comprises joint education initiatives, joint degree programs and workforce training. South Africa plans to continue utilizing nuclear power to fulfil both its domestic and industrial needs. Recently, the Koeberg station – accounting for 5% of South Africa's power supply – has been approved to run for an additional 20 years. The Rosatom-Eskom plans aims to support this by equipping the workforce with the requisite skills and capacities. 

To support nuclear production in Africa, Rosatom is also advancing uranium mining across the continent. The company plans to start mining uranium in Namibia by 2029, with plans in place to complete the prospecting and exploration phase of the Wings Project by 2026. At a total investment of $500 million, the project will produce 5,000 metric tons of uranium per year.

“Rosatom represents a strong partner for Africa's nuclear industry. The company is focused on supporting the construction of nuclear energy facilities while concurrently scaling up capacity building, mining activities and regulatory support. Nuclear has the potential to transform the continent's power landscape and with partners like Rosatom, Africa is well positioned to tap into this growing market,” states NJ Ayuk, Executive Chairman of the African Energy Chamber. 

Distributed by APO Group on behalf of African Energy Chamber.

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African Energy Chamber Reaffirms Commitment to Host AEW in Cape Town Through 2030

Location: Business
African Energy Chamber

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.

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