African Energy Chamber
Source: African Energy Chamber |

Negotiating for a better future: Why the good or bad of Russia’s presence in Africa will rely on the continent’s ability to make better deals

Deal-making is what will shape the future of Russia-Africa relations and will tell whether Russia’s renewed influence in the continent is good or bad for its people

By African Energy Chamber Russia’s return to Africa has been the subject of wide media coverage, governmental concerns and civil society reactions in recent weeks, especially as Sochi gears up to host the first ever Russia-Africa Summit next week. Most commentators have come from Europe and North America to voice…

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

Sudanese Minister of Energy and Mining will attend South Sudan Oil and Power 2019

Sudan has been a key role player in facilitating peace in South Sudan

Minister Adel Ali Ibrahim will meet with his South Sudanese counterpart, Minister Awow Daniel Chuang, at South Sudan Oil & Power 2019; topics to be discussed include the resumption of Block 5A and logistics corridors between the two countries; Sudan has been a key role player in facilitating peace in…

Source: International Monetary Fund (IMF) |

International Monetary Fund (IMF) Staff conclude their 2019 Article IV Consultation Mission and the Fourth and Fifth Reviews of the Extended Fund Facility (EFF) arrangement in Gabon

It was agreed that generating stronger and more inclusive growth requires robust measures and far-reaching reforms

The economy is slowly recovering, but significant challenges still need to be addressed to generate stronger and more inclusive growth; it was agreed that generating stronger and more inclusive growth requires robust measures and far-reaching reforms to improve governance, increase domestic revenue mobilization, enhance the management and effectiveness of public…

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

Somalia Open for Business, says Petroleum Minister: 15 Licenses on Offer

Minister invites investors to enter the country’s exploration and development industry

Rich in hydrocarbons and possessing a favorable geological structure, Somalia holds huge opportunities for investors looking to enter the East African market, said the country’s Minister of Petroleum and Mineral Resources, Hon. Abdirashid Mohamed Ahmed at the Africa Oil & Power conference. “Nowhere is the contribution that the energy industry…

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

Empowering Africa to Make Energy Work

Under the second day’s theme of “Energy in Powering Growth”, panel discussions and talk sessions unpacked the challenges and opportunities in Africa’s power sector

Minister of Mineral Resources and Energy of South Africa, Gwede Mantashe, launched the Africa Energy Series: South Africa 2019 report at the Africa Oil & Power (https://AfricaOilandPower.com/) conference; Under the second day’s theme of “Energy in Powering Growth”, panel discussions and talk sessions unpacked the challenges and opportunities in Africa’s…

Source: The World Bank Group |

Global uncertainty continues to slow growth in Africa's Economies

Initiatives to empower poor people, girls and women are essential to progress

Growth in Sub-Saharan Africa remained slow through 2019, hampered by persistent uncertainty in the global economy and the slow pace of domestic reforms, according to the 20th edition of Africa's Pulse, the World Bank's twice-yearly economic update for the region. Overall growth in Sub-Saharan Africa is projected to rise to…

African Energy Chamber
Source: African Energy Chamber |

The Unrealized Oil Promise of the Democratic Republic of Congo (DRC) in the era of “Billions At Play”

Standing in the 12th position amongst African oil producers, the DRC’s petroleum industry is miniscule at best, producing an average of 25 thousand barrels of crude oil per day

By NJ Ayuk, CEO of Centurion Law Group and Executive Chairman of the African Energy Chamber It is no secret that the DRC’s mining industry is of vital importance in answering the country’s and the world’s mineral needs. Today, copper, cobalt and other byproducts represent the backbone of the DRC’s economic structure…

African Energy Chamber
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Source: African Energy Chamber |

The Time has come for American Super Dividends through Pro-Growth Angolan Investments (By Sergio Pugliese, Angolan President of the African Energy Chamber and Verner Ayukegba, Senior Vice President of the African Energy Chamber)

Angola is again offering skillful American players of all sizes the opportunity to participate in mutually-beneficial partnerships

By Sergio Pugliese, Angolan President of the African Energy Chamber and Verner Ayukegba, Senior Vice President of the African Energy Chamber On the 16th of October, the U.S. - Angola Chamber of Commerce, in partnership with the Embassy of Angola in the United States and the Angola Representation at the…

Control Risks Group Holdings Ltd
Source: Control Risks Group Holdings Ltd |

Africa Risk-Reward Index 2019 reveals the Trends Shaping a New Investment Landscape

The report offers a comprehensive and up-to-date view of the highly-dynamic business investment landscape in Africa

The fourth edition of the Africa Risk-Reward Index from specialist global risk consultancy Control Risks (ControlRisks.com) and independent global advisory firm Oxford Economics (OxfordEconomics.com) has been released today. The report offers a comprehensive and up-to-date view of the highly-dynamic business investment landscape in Africa. The respected index tracks the evolution of…

Accor
Source: Accor |

Accor signs three-property deal at Africa Hotel Investment Forum (AHIF) 2019 to introduce Novotel brand in the Democratic Republic of Congo

Brand to Raise Flags in Kinshasa, Lubumbashi and Kolwezi for the First Time as Demand for Midscale Hospitality Concepts Surges

Accor (https://Group.Accor.com), a world-leading augmented hospitality group, announces the debut of its successful midscale brand Novotel in the Democratic Republic of Congo (DRC). This follows the signing of three properties during the Africa Hotel Investment Forum (AHIF) taking place in Ethiopia this week (23-25 September). The Group has partnered with…