As Africa looks to develop its gas for domestic and export markets, the U.S. is honing in on LNG as a critical investment avenue, alongside traditional oil exploration. In October 2023, energy research and consultancy group Wood Mackenzie stated that Africa’s $800-billion, 20-year upstream capital expenditure program would result in world-class LNG projects in Mozambique and floating LNG (FLNG) in five countries, presenting substantial gas-driven opportunities for U.S. investors, operators, […]

As the energy sector undergoes a transition towards sustainable solutions, the Global Black Impact Summit (GBIS) 2024 (https://apo-opa.co/3T78aby) - taking place February 27 in Dubai - will delve into diversity's role in shaping the sector’s future. With a panel discussion titled, Energy Transition: Highlighting the Importance of Diversity in Shaping the Future of the Energy Sector, the summit will explore how, through inclusivity, the global energy sector can unlock innovative approaches […]

In the heart of Nigeria’s Ekiti State, a groundbreaking initiative is taking shape – the Ekiti Knowledge Zone (EKZ), a bold step to transform the region into a hub for digital innovation and knowledge economy. The African Development Bank has committed $80 million in loan financing for this state-led pioneering special economic zone project, designed to foster linkages between educators, researchers, innovators, entrepreneurs, and industries, all within one location. More […]

Africa’s oil and gas blocks continue to draw global investors, from IOCs to junior and indigenous explorers. In a bid to boost production and reserve volumes, the continent is seeking to attract a broader range of companies to sign new contracts and drive exploratory drilling. At the Invest in African Energy (IAE) forum (https://apo-opa.co/48pKC6i) in Paris this May, upstream investors will access exclusive information and dedicated presentations from Africa’s leading energy […]

Leading explorers, service providers and developers are securing their participation at the upcoming Invest in African Energy (IAE) 2024 forum (https://apo-opa.co/49KtuJq) in Paris, set to be a decisive platform for driving foreign investment in Africa’s energy sector. The continent has been vocal about its investment needs – requiring $200 billion per year by 2030 to achieve all energy-related development goals – and the two-day forum serves as a vehicle for connecting […]

The Managing Director of the National Petroleum Company (SONAP) of Guinea-Conakry, Amadou Doumbouya, will speak at the Invest in African Energy (IAE) forum (www.Invest-Africa-Energy.com) this May. Doumbouya is expected to promote unexplored opportunities in off- and onshore acreage while introducing potential investors to domestic infrastructure projects. A recent push by government to streamline industry operations saw the establishment of SONAP in 2021 with the merger of ONAP and the National Petroleum […]

Over the past twelve months, the Middle East’s oil and gas heavyweights – Saudi Arabia, the United Arab Emirates (UAE) and Qatar – have accelerated their involvement across Africa’s energy value chain. Beginning with diplomatic visits turning into tangible cooperation agreements and planned investment campaigns, Gulf countries have cemented their interest in competing for Africa’s untapped hydrocarbon resources, which make up around 13% of natural gas reserves and 7% of […]

The survey, which spanned 1,300 respondents in ten African and Middle Eastern countries, revealed that 63% of users are open to sharing their personal information, while an impressive 83% expressed confidence in the accuracy and reliability of these AI tools. “While the results clearly show that generative AI tools are widely used, they also highlight the need for increased user training and awareness regarding the potential risks associated with this […]

APO Group (www.APO-opa.com), the premier award-winning Pan-African communications consultancy and press release distribution service, is delighted to announce the appointment of Laila Bastati as Chief Commercial Officer. Laila has more than 15 years of experience in international business development, strategic partnerships and operations with a proven track record of building and managing cross-functional and geographically distributed teams. This experience makes her perfectly suited to manage commercial operations and strategy for […]