Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

As South Africa reopens, Africa Oil & Power welcomes Investors to Africa’s Energy Event in 2021

As the continent sets its sights on a post-COVID-19 recovery, AOP 2021 will unite industry leaders and stakeholders to usher in a new period of growth

Africa Oil & Power (AOP) (www.AfricaOilAndPower.com) will host the fifth edition of its AOP 2021 Conference & Exhibition (October 5-7) (www.AOP2021.com), serving as the continent’s premier energy investment platform; key event partners include the African Energy Chamber, South Africa’s Department of Mineral Resources and Energy, South Africa Oil & Gas…

African Energy Chamber
Source: African Energy Chamber |

Don’t Underestimate the Power of Natural Gas to Transform Africa (By NJ Ayuk)

The continent’s gas industry is on the verge of real transformation, as the African Energy Chamber (AEC) notes in our 2021 Africa Energy Outlook

By NJ Ayuk, Executive Chairman, African Energy Chamber (EnergyChamber.org) Africa has already made an indelible mark in the oil industry. It is home to four of the world’s top 20 crude oil producers — Nigeria, Angola, Algeria, and Libya — and these same four countries also have some of the…

Source: African Union (AU) |

African Ministers Stress the Need for Greater Investment to Revitalise Energy Sector and Drive Sustainable Recovery

High-level officials at the virtual Ministerial meeting represented a diverse range of African economies

Ministers from African countries representing nearly three-quarters of the continent’s energy consumption and more than half of its population met with global energy leaders today to consider how to revitalise the African energy sector and enable a sustainable economic recovery after the pandemic. Under the theme of Securing Africa’s Energy Future…

African Energy Chamber
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Source: African Energy Chamber |

African Energy Chamber Offers Guide for Reforms for Equatorial Guinea’s Oil & Gas Sector

To support recovery and boost investment, the African Energy Chamber’s 2021 Outlook offers several pragmatic solutions

The African Energy Chamber (www.EnergyChamber.org) organized a Power Breakfast yesterday in Malabo to mark the launch of its Africa Energy Outlook 2021. The event gathered all of the Chamber’s partners and industry stakeholders in Equatorial Guinea as the market embarks on a path to recovery in 2021. Despite its remarkable…

African Energy Chamber
Source: African Energy Chamber |

COVID-19 and Energy Transition are the Most Significant Determinants of the African Industry Outlook

The impact of the energy transition on long-term demand outlook highlight capital allocation and decision-making prospects in the present time

COVID-19 is undoubtedly perhaps the biggest shock in the history of the oil and gas sector; The demand collapse has caused investments of $690 billion to disappear; The impact of the energy transition on long-term demand outlook highlight capital allocation and decision-making prospects in the present time; Read more by…

Source: African Union (AU) |

AUC-IEA Ministerial Forum: Securing Africa’s Energy Future in the Wake of COVID-19

The aim of the Forum is to agree on and promote actions to ensure a sustainable economic recovery and scale up of energy investments in Africa over the next three years

The COVID-19 pandemic has created an unprecedented global emergency and significantly amplified existing challenges to Africa’s energy sector and created myriad new ones. While the pandemic has reached almost every country and has relatively been mild in Africa, the crisis is predicted to start unfolding here as well. The pandemic…

Arab Petroleum Investments Corporation (APICORP)
Source: Arab Petroleum Investments Corporation (APICORP) |

Arab Petroleum Investments Corporation (APICORP) extends a USD50million revolving construction facility to Yellow Door Energy to finance solar projects

Facility to be used for developing solar energy assets in key markets across the region including Jordan and Pakistan

Financing facility to YDE is in line with APICORP’s (www.APICORP.org) strategic drive to support energy diversification and access to sustainable power in MENA region; Facility to be used for developing solar energy assets in key markets across the region including Jordan and Pakistan; YDE currently has over 110 megawatts of…

African Energy Chamber
Source: African Energy Chamber |

New Market Realities for 2021 Expected to Drive Revisions of Fiscal Terms to Improve Competitiveness

Many African governments will take steps to adjust the fiscal regimes in 2021 to improve competitiveness

Projected market conditions for 2021 do not indicate a return to high commodity prices, implying that the super profit era of petroleum is over; The industry’s cost base has been adjusted, but African fiscal regimes are often lagging behind and remain uncompetitive in this new environment; Many African governments will…

Africa Oil & Power Conference
Source: Africa Oil & Power Conference |

Africa Oil & Power Releases Africa Energy Finance Report, Launches Dedicated Finance and Investment Event in 2021

The downloadable report aligns with the Energy Finance Forum, co-hosted as part of the upcoming AOP Conference & Exhibition 2021 (October 5-7) held in Cape Town

Africa Oil & Power (AOP) (/www.AfricaOilandPower.com) has launched its Africa Energy Series: Africa Energy Finance 2020 digital report, as a tool to identify financing needs across the energy value chain; The continent is projected to require $29-39 billion in annual investment to meet forecast energy demand and achieve universal electricity…