Month: November 2024

 A panel session at this year’s African Energy Week (AEW): Invest in African Energies 2024 conference explored the advantages gas brings to the continent as well as its contribution to reducing emissions and attracting investment. With an estimated 625 trillion cubic feet of natural gas reserves throughout Africa, attracting investment in the sector will be critical for industrial development while helping meet the continent’s growing energy needs. International partnerships, joint […]

 Global investment in upstream oil and gas is set to reach $570 billion by the end of the year – a 7% increase compared to 2023 expenditure. Of this, 33% is expected to be directed toward frontier assets, presenting a strategic opportunity for emerging oil and gas markets in Africa. However, as the global energy landscape undergoes a transformative shift towards cleaner energy sources, the African oil and gas sector […]

 Following the huge success of the Royal African Society's (https://RoyalAfricanSociety.org/) spectacular Film Africa 2024 festival, (25 October to 3 November 2024), the Society is delighted to announce two further top level events in November 2024. ROYAL AFRICAN SOCIETY ANNUAL LECTURE, THURSDAY 21 NOVEMBER The Royal African Society Annual Lecture will be delivered by one of the most respected and transformative global leaders, Professor Benedict Oramah, President and Chairman of the […]

 When it comes to the climate crisis, the global oil and gas industry is part of the solution, not the problem. This was emphasized by the Organization of the Petroleum Exporting Countries (OPEC) roundtable at the African Energy Week: Invest in African Energies 2024 conference in Cape Town.   With energy demand projected to increase 24% between now and 2050, the roundtable underscored that prioritizing investments in low-carbon technology should be […]

 Africa’s holds significant reserves of minerals critical for the global energy transition. The continent boasts roughly 30% of the world’s mineral reserves, including immense deposits of cobalt, manganese, natural graphite, copper, nickel, lithium and iron ore.   As such, this year’s Critical Minerals Africa (CMA) 2024 Summit – held from November 6-7 in Cape Town – convened industry leaders, policymakers, service providers and investors to address the urgent demands of Africa’s […]

 In a powerful demonstration of democratic integrity, Mozambique's President Filipe Nyusi has pledged to step down amid the country’s ongoing political crisis, promising a peaceful transfer of power to President-elect Daniel Chapo. This commitment, a rare decision in a region where political transitions are often marked by strife, is a significant move for Mozambique and a message for African leaders facing similar pressures. Nyusi’s actions, aimed at reinforcing democracy and […]