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    • ExxonMobil Showcases $20M Local Content Investment During African Energy Chamber's (AEC) Mozambique Roundtable
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Source: African Energy Chamber |

ExxonMobil Showcases $20M Local Content Investment During African Energy Chamber's (AEC) Mozambique Roundtable

International Oil Companies highlighted Mozambique as an attractive investment destination during the African Energy Chamber’s Invest in African Energies: Mozambique Roundtable in Maputo on Thursday

Global energy major, ExxonMobil has invested over $20 million in Mozambique as part of its local content development strategy since 2017 and plans to direct more investments in the local economy through upcoming projects, according to Armando Afonso, Public & Government Affairs Manager, ExxonMobil Mozambique.  Speaking at the Invest in…

Source: The World Bank Group |

World Bank Expands Support to Electrify Rural Eswatini, Reaching 200,000 People

The initiative will utilize both grid and off-grid solutions to expand energy access, particularly in underserved rural communities

A new World Bank financed project is helping set Eswatini on the path to universal energy access by 2030. The Accelerating Sustainable and Clean Energy Access Transformation (ASCENT) project for Eswatini will help the country reach the remaining 12% of the population with electricity access, ensuring that households in the most remote and disadvantaged…

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    • Mozambique Commits to ‘Drill Baby Drill’ During AEC Stakeholder Roundtable
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Source: African Energy Chamber |

Mozambique Commits to ‘Drill Baby Drill’ During AEC Stakeholder Roundtable

The African Energy Chamber united Mozambican oil and gas stakeholders and global partners to discuss opportunities and progress being made to advance the growth of the oil and gas industry

Our module being a developing nation as we are is to ‘Drill Baby Drill’ and maximize the exploration and production of oil and gas to catalyze industrialization and economic growth. This was the key message delivered by Florival Mucave, Chairman of the Mozambique Energy Chamber, during the Invest in African…

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    • Chevron Expands Namibia Presence with Petroleum Exploration License 82 (PEL 82) Farm-in, Signaling Growing International Oil Company (IOC) Interest in African Energy
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Source: African Energy Chamber |

Chevron Expands Namibia Presence with Petroleum Exploration License 82 (PEL 82) Farm-in, Signaling Growing International Oil Company (IOC) Interest in African Energy

With Chevron’s latest farm-in offshore Namibia highlighting Africa’s investment appeal, African Energy Week: Invest in African Energies 2025 will explore strategies for structuring attractive PSCs and securing high-impact farm-in agreements in Africa’s oil and gas sector

Africa’s oil and gas sector continues to draw interest from international oil companies (IOCs) through well-structured Production Sharing Contracts (PSCs) and strategic farm-in agreements. Last week, US major Chevron completed a farm-in agreement with Custos Energy for PEL 82 in the Walvis Basin offshore Namibia. Under this transaction, Chevron acquired…

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    • South Africa’s G20 Presidency for 2025: A Catalyst for Energy Investment in Africa
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Source: African Energy Chamber |

South Africa’s G20 Presidency for 2025: A Catalyst for Energy Investment in Africa

South Africa can leverage its G20 presidency to advocate for increased energy financing and facilitate greater coordination and investment in key African markets, presenting a unique opportunity to shape global economic and energy policies

In 2025, South Africa will hold the rotating presidency of the G20. Given its position as Africa’s most industrialized nation and an energy hub, South Africa’s leadership could play a pivotal role in attracting investment to the continent’s energy sector. By leveraging its G20 platform, South Africa can push for…

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    • Bluewater to Sell Apex International Energy, Highlighting Full-Cycle Private Equity (PE) Investment Model in Africa’s Oil and Gas Sector
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Source: Energy Capital & Power |

Bluewater to Sell Apex International Energy, Highlighting Full-Cycle Private Equity (PE) Investment Model in Africa’s Oil and Gas Sector

Bluewater’s proposed sale of Apex International Energy highlights the role of private equity in shaping Africa’s energy future ahead of the Invest in African Energy Forum in Paris, which aims to mobilize private capital for the continent's oil and gas sector

Private equity is playing an increasingly pivotal role in Africa’s energy sector, driving growth and innovation in the continent’s oil and gas markets. This week, specialist energy private equity firm Bluewater announced the sale of Apex International Energy – transformed under its stewardship into a leading player in Egypt’s energy…

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    • South Africa’s New National Petroleum Company Signals Shift in African Energy Governance
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Source: African Energy Chamber |

South Africa’s New National Petroleum Company Signals Shift in African Energy Governance

The upcoming launch of the South African National Petroleum Company reflects a broader trend across Africa, where nations are restructuring their state-owned energy enterprises to attract investment, improve efficiency and enhance energy security

The upcoming launch of the South African National Petroleum Company (SANPC) on April 1, 2025 marks a significant step in South Africa’s ongoing efforts to restructure its energy sector and improve efficiency within state-owned enterprises. This move, which consolidates PetroSA, iGas and the Strategic Fuel Fund (SFF), aligns with broader…

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    • African Energy Week (AEW) 2025 to Explore Africa’s Gas Expansion as Azule Energy Advances the Quiluma & Maboqueiro (Q&M) Project
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Source: African Energy Chamber |

African Energy Week (AEW) 2025 to Explore Africa’s Gas Expansion as Azule Energy Advances the Quiluma & Maboqueiro (Q&M) Project

The project represents the country’s first non-associated gas development and is set to boost feedstock for the Angolan LNG plant

International energy company Azule Energy has completed the offshore platforms for Angola’s first non-associated gas project. The Quiluma platform has been loaded out and sailed away from the Ambriz Petromar Yard, joining the Maboqueiro platform which sailed away in December 2024. The move represents a milestone for the project as…

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    • Bruno Jean-Richard Itoua, Minister of Hydrocarbons of the Republic of Congo
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Source: Energy Capital & Power |

Minister Itoua: Congo’s Energy Ambitions Set for Full Display at Congo Energy & Investment Forum (CEIF) 2025

The Republic of Congo’s Minister of Hydrocarbons Bruno Jean-Richard Itoua has set the stage for the upcoming inaugural CEIF 2025 conference, taking place in Brazzaville from March 24-26

Minister of Hydrocarbons of the Republic of Congo Bruno Jean-Richard Itoua has announced that the Ministry will leverage the upcoming inaugural Congo Energy & Investment Forum (CEIF) to support the country’s long-term view to becoming a major player in regional energy development. Taking place from March 24-26, 2025, in Brazzaville,…

Energy Capital & Power
Source: Energy Capital & Power |

AMMAT Unpacks Strategic Approach to Optimizing Oil & Gas Operations in Congo

In an exclusive interview with ECP, CEIF 2025 Platinum Sponsor AMMAT CEO Massimiliano Mignacca discusses the company’s strategic approach optimizing oil and gas operations in Congo

As part of the Republic of Congo’s strategy to double its oil production, the government is encouraging independent operators to revitalize mature fields and boost output. Companies like AMMAT – participating as a Platinum Sponsor at the inaugural Congo Energy & Investment Forum (CEIF) 2025 – are playing a key…