Energy Capital & Power
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    • Hydrogen Energy Technologies to Drive Demand for Africa’s Platinum Group Metals (PGMs)
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Source: Energy Capital & Power |

Hydrogen Energy Technologies to Drive Demand for Africa’s Platinum Group Metals (PGMs)

The upcoming Critical Minerals Africa Summit will explore the role of platinum group metals – of which Africa holds more than 90% of global reserves – as a critical input for hydrogen energy technologies

The global market for platinum group metals (PGMs) – which include platinum, palladium, rhodium, iridium, osmium and ruthenium – will record a 4.47% increase between now and 2029, according to market research firm Mordor Intelligence. In part, market growth will come from growing demand for PGMs in green technologies, including…

African Energy Chamber
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    • Chevron Signs Contracts for Ultra-Deepwater Blocks in Angola Amid Attractive Policies
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Source: African Energy Chamber |

Chevron Signs Contracts for Ultra-Deepwater Blocks in Angola Amid Attractive Policies

Chevron has signed risk service contracts for Block 49 and 50 in Angola’s Lower Congo Basin

Multinational energy corporation Chevron has signed two Risk Service Contracts (RSC) for Block 49 and Block 50, located in the ultra-deep waters of Angola’s Lower Congo Basin. The company – through its Angolan subsidiary Cabinda Gulf Oil Company Limited ­– was initially awarded the concessions by way of Presidential Decree…

African Energy Chamber
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    • Situmbeko Musokotwane, Zambia’s Minister of Finance and National Planning
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Source: African Energy Chamber |

Zambia’s Finance Minister Joins African Energy Week (AEW) 2024 Amid Calls for Foreign Investment in Untapped Energy Opportunities

During the upcoming African Energy Week: Invest in African Energy, Situmbeko Musokotwane will engage with a suite of global investors as the country moves to unlock the full potential of its energy industry

Zambia’s Minister of Finance and National Planning Situmbeko Musokotwane will speak at the upcoming African Energy Week (AEW): Invest in African Energy conference – Africa’s premier energy event, scheduled for November 4-8 in Cape Town. Through his participation, Minister Musokotwane will provide strategic insights into investment opportunities across Zambia’s energy…

African Energy Chamber
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    • Following First Oil Production, Senegal’s Minister of Energy, Petroleum and Mining Joins African Energy Week (AEW) 2024
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Source: African Energy Chamber |

Following First Oil Production, Senegal’s Minister of Energy, Petroleum and Mining Joins African Energy Week (AEW) 2024

Minister Birame Soulèye Diop is scheduled to address AEW 2024 in November, focusing on Senegal’s dynamic advancements in the oil and gas sector

Senegal’s Minister of Energy, Petroleum and Mining Birame Soulèye Diop will participate at the African Energy Week (AEW): Invest in African Energy 2024 conference – Africa’s premier event for the energy sector taking place from 4–8 November in Cape Town. Minister Diop is expected to unpack the critical role oil…

African Energy Chamber
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    • A Partner of the Future: Sonangol Targets Robust Oil & Gas Growth
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Source: African Energy Chamber |

A Partner of the Future: Sonangol Targets Robust Oil & Gas Growth

The AEC believes that Sonangol is a strategic partner for Angola’s oil and gas industry and will continue to play a major role in facilitating investment and driving project developments

The African Energy Chamber (AEC) (www.EnergyChamber.org)– led by Executive Chairman NJ Ayuk – met with Sonangol CEO Sebastião Gaspar Martins in Luanda this week, where the parties discussed Sonangol’s vision for the oil and gas industry. Martins is speaking at the African Energy Week (AEW): Invest in African Energy conference…

Energy Capital & Power
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    • Angola Oil & Gas (AOG) 2024: Angola’s Premier Deal Signing Platform
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Angola Oil & Gas (AOG) 2024: Angola’s Premier Deal Signing Platform

With a $60-billion investment pipeline planned for the next five years, the Angolan market presents diverse opportunities for foreign investors and project developers

The Angola Oil & Gas (AOG) conference and exhibition returns for its fifth edition from October 2-3 in Luanda, uniting foreign investors and project developers with Angolan projects. Since the event’s inception in 2019, AOG has consistently facilitated industry-advancing deals. This trend of fostering strategic partnerships and driving investment in…

African Energy Chamber
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    • Towards a Business Enabling Environment: Angola Drills Down on Investment Incentives, Local Content Support
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Source: African Energy Chamber |

Towards a Business Enabling Environment: Angola Drills Down on Investment Incentives, Local Content Support

Angola’s Ministry of Mineral Resources, Petroleum and Gas is committed to creating new opportunities for the people of Angola through oil and gas projects, industry reforms and local content development

Angola is leveraging industry-wide reform to not only attract new investments across its oil and gas industry but to unlock a wealth of opportunities for the people of Angola. Under the guidance of the Minister of Mineral Resources, Petroleum and Gas Diamantino Pedro Azevedo, the Ministry has strengthened the environment…

African Energy Chamber
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    • ExxonMobil’s Project Portfolio, Commitment to Science, Technology, Engineering, and Mathematics (STEM) to Bolster Growth in Angola (1)
    • ExxonMobil’s Project Portfolio, Commitment to Science, Technology, Engineering, and Mathematics (STEM) to Bolster Growth in Angola (2)
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Source: African Energy Chamber |

ExxonMobil’s Project Portfolio, Commitment to Science, Technology, Engineering, and Mathematics (STEM) to Bolster Growth in Angola

Through a strong pipeline of oil and gas projects and various community development initiatives, ExxonMobil continues to support long-term growth in Angola

ExxonMobil could inject as much as $15 billion into the development of Angola’s hydrocarbon reserves by 2030, following the success of commercial oil discoveries in the southern African country. The energy major is developing a series of large-scale projects and is committed to supporting community development through capacity building and…

African Energy Chamber
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    • African Energy Chamber Executive Chairman, NJ Ayuk and ANPG CEO and Chairman, Paulino Jerónimo (1)
    • African Energy Chamber Executive Chairman, NJ Ayuk and ANPG CEO and Chairman, Paulino Jerónimo (2)
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Source: African Energy Chamber |

Transforming Angola’s Oil and Gas (O&G) Sector: National Oil, Gas & Biofuels Agency (ANPG's) Six-Year Licensing Round Attracts Global Investment

The ANPG is spearheading Angola’s oil and gas revitalization with a robust six-year licensing round, fostering international investment, operational expansion and regulatory enhancements to secure the nation’s energy future

The six-year licensing round, launched by Angola’s national concessionaire – the National Oil, Gas & Biofuels Agency (ANPG) - has been a cornerstone in the country’s strategy to attract and secure substantial investments in its oil and gas sector. With up to 55 blocks on offer in total, the licensing…

African Development Bank Group (AfDB)
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    • The African Development Bank provides additional financial support to enable South Sudan to increase its non-oil revenue mobilization
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African Development Bank Group approves $8.6 million grant to boost non-oil revenue mobilization in South Sudan

The African Development Fund (ADF), the Bank Group’s concessional window, will provide $6.62 million, while $1.98 million will come from the ADF’s Transition Support Facility

The Board of Directors of the African Development Bank Group (www.AfDB.org) has approved a grant funding of $8.6 million to South Sudan to advance the second phase of the Non-Oil Revenue Mobilization and Accountability Project (NORMA II). The African Development Fund (ADF), the Bank Group’s concessional window, will provide $6.62 million,…