Standard Chartered
Source: Standard Chartered |

Improving digital access offers greatest private-sector investment opportunity in achieving the SDGs in Africa, says Standard Chartered

The study examines the most impactful opportunities for investing in three infrastructure-focused SDGs in five high-growth markets in Africa

Opportunity2030 study reveals an almost USD200 billion private-sector investment opportunity in contributing to the UN Sustainable Development Goals (SDGs) in five African countries; The study examines the most impactful opportunities for investing in three infrastructure-focused SDGs in five high-growth markets in Africa: Ghana, Kenya, Nigeria, Uganda, Zambia. Opportunity2030: The Standard…

African Energy Chamber
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    • Atlantic Methanol Production Company to create a methanol-to-gasoline and derivatives unit to further monetize domestic gas produced in Equatorial Guinea (1)
    • Atlantic Methanol Production Company to create a methanol-to-gasoline and derivatives unit to further monetize domestic gas produced in Equatorial Guinea (2)
    • Atlantic Methanol Production Company to create a methanol-to-gasoline and derivatives unit to further monetize domestic gas produced in Equatorial Guinea (3)
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Source: African Energy Chamber |

Atlantic Methanol Production Company to create a methanol-to-gasoline and derivatives unit to further monetize domestic gas produced in Equatorial Guinea

Atlantic Methanol Production Company (AMPCO) is part of a series of foreign investors planning to increase their investment in Equatorial Guinea this year

The Atlantic Methanol Production Company (AMPCO), which runs one of Africa’s largest methanol plant on Bioko Island in Equatorial Guinea, has decided to support the ongoing Year of Investment initiative and invest in the expansion and diversification of the country’s downstream sector. This was discussed during a meeting in Malabo…

Source: U.S. Agency for International Development (USAID) |

U.S. Agency for International Development (USAID) and U.S. African Development Foundation (USADF), and CITI Foundation team up to invest in Young African Social Entrepreneurs

Goal of the public-private partnership is to increase the commercial know-how and access to seed capital of Africa's next generation of business leaders and social entrepreneurs

The U.S. Agency for International Development (USAID) and The U.S. African Development Foundation (USADF) are pleased to announce plans to award a total of $400,000 in grant funding, with support from Citi Foundation, to 42 young African social entrepreneurs who are developing businesses to drive social and community change in 22 sub-Saharan…

Source: Department for International Development (DFID) |

Minister hails UK-Morocco future

Conor Burns MP, Minister of State at the Department for International Trade (DIT), spoke at an event in the margins of the UK-Africa Investment Summit

By Conor Burns MP Introduction Thank you to the Confédération Générale des Entreprises du Maroc, the International Chamber of Commerce and Moroccan Embassy in London, for organising this dialogue. Opportunities in Africa We all know about the amazing opportunities emerging in Africa. Africa has a young and rapidly growing population.…

South Sudan Ministry of Petroleum
Source: South Sudan Ministry of Petroleum |

Prequalification for Environmental Audit of Oilfields extended

The Republic of South Sudan has invited companies to bid for a tender to conduct a full environmental audit of the country’s oilfields

On the 9th of January, 2020, the Government of the Republic of South Sudan announced a tender for a comprehensive environmental audit of all the country’s producing oilfields. The Ministry of Petroleum made prequalification documents available to interested companies from its Juba headquarters, and its website.  Due to the amount…

African Energy Chamber
Source: African Energy Chamber |

President Putin's reappointment of Africa friendly Alexander Novak as Russia’s energy minister is great news for Oil and Gas market stability

The African Energy Chamber welcomes the reappointment of Minister Novak who has always supported the establishment of new alliances with Africa

Russia’s President Vladimir Putin has appointed a new cabinet, keeping key ministers. Amongst those retaining their seats in office is the country’s energy minister Alexander Novak who played an instrumental role in the oil production deal with the Organization of Petroleum Exporting Countries (OPEC). The African Energy Chamber (https://EnergyChamber.org/) welcomes…

African Energy Chamber
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    • Houston based Marathon Oil Corporation to Step Up Investment in Equatorial Guinea Following Meeting with H.E. President Obiang Nguema Mbasogo (1)
    • Houston based Marathon Oil Corporation to Step Up Investment in Equatorial Guinea Following Meeting with H.E. President Obiang Nguema Mbasogo (2)
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Source: African Energy Chamber |

Houston based Marathon Oil Corporation to Step Up Investment in Equatorial Guinea Following Meeting with H.E. President Obiang Nguema Mbasogo

Marathon Oil reiterated its commitment to Equatorial Guinea and towards the development of the country’s Gas Mega Hub

Marathon Oil Corp, one of the biggest energy investors in Equatorial Guinea, has committed to increase its investment in the required infrastructure to support the Government’s vision for the Gas Mega Hub and the Year of Investment initiative following a meeting with H.E. President Teodoro Obiang Nguema Mbasogo. In company…

Source: Ministry of External Affairs - Government of India |

Visit of External Affairs Minister to Republic of Niger (January 20-21, 2020)

The visit by External Affairs Minister (EAM) to Niamey is reiteration of importance India attaches to its relations Niger and with other countries in the Sahel

External Affairs Minister Dr. S Jaishankar visited Niamey, Republic of Niger from 20-21 January 2020. During the visit, EAM called on President of Niger, H. E. Mahamadou Issoufou on 21 January and both the leaders jointly inaugurated the Mahatma Gandhi International Convention Centre (MGICC). MGICC is the first centre to…

Source: African Development Bank Group (AfDB) |

Keynote Speech delivered by Dr. Akinwumi A. Adesina at the UK-Africa Investment Summit, “Sustainable Infrastructure Forum”

The Department for International Development (DFID) is a key strategic partner of the African Development Bank

By Dr. Akinwumi A. Adesina Good morning everyone! It’s a pleasure to join you at this special side event organized as part of the UK-Africa Investment Summit. Let me congratulate the organizers, the Department for International Development (DFID) and Her Majesty’s Trade Commissioner for Africa for hosting us today. The…

Source: African Development Bank Group (AfDB) |

British Prime Minister, African Leaders urge Investors to accelerate Economic Role on the Continent

The UK-Africa Investment Summit, the first of its kind hosted by the UK Government, was attended by the foreign secretary, Dominic Raab, the international development secretary, Alok Sharma, and Prince Harry

UK companies must leap at the chance to deepen economic ties with Africa, a continent with unmatched investment opportunities, several African leaders said at a high-level panel. At an oversubscribed opening ceremony for the 2020 UK-Africa Investment Summit, Monday, attended by dignitaries and delegates from 16 African countries, including President…