Tag: Energy

HomeTagsEnergy

Become a member

Get the best offers and updates relating to Liberty Case News.

African Development Bank approves landmark $1.78 billion strategy to support transformation of Namibia’s economy and create jobs

African Development Bank Group (AfDB)
Download logo

The African Development Bank Group's (www.AfDB.org) Board of Directors has approved a Country Strategy Paper (CSP) for Namibia committing $1.78 billion to support economic transformation and inclusive growth in the 2025-2030 period.

The financing is expected to pave the way job for creation and economic diversification while also addressing key challenges facing of the world's most unequal countries:  youth unemployment exceeds 40 percent, and per capita income has fallen from $5,942 in 2012 to $4,240 in 2024.

"This strategy marks a pivotal moment for Namibia's development," said Moono Mupotola, the Bank Group's Deputy Director General for Southern Africa and Country Manager for Namibia. "By focusing on strategic infrastructure and human capital development, we are laying the foundation for inclusive growth that will benefit all Namibians, particularly the young."

The strategy focuses on two priorities. The first is investment in transport, energy, and water infrastructure to reduce business costs, enhance productivity, and establish Namibia as a regional logistics hub. These investments will strengthen trade facilitation under the African Continental Free Trade Area, enhance energy security through renewables, and expand rural access to clean water and sanitation.

The second priority aims to boost human capital through market-relevant technical and vocational training that creates pathways from education to employment, providing support for the development of micro, small, and medium enterprises (MSMEs), and advancing women's economic empowerment.

Implementation is expected to diversify the economy beyond mining and agriculture, integrate MSMEs into regional value chains, and enhance manufacturing capabilities while creating thousands of direct and indirect jobs.

Infrastructure improvements will increase electricity access from 59.5 percent towards universal coverage, enhance trade connectivity with Angola and Zambia, and reduce logistics costs. The strategy also supports Namibia's climate commitments and positions the country as a leader in green hydrogen.

"Recent U.S. tariff impositions and official development assistance cuts have created additional pressures on Namibia's economy," said Mupotola. "Our strategy strengthens resilience by diversifying export markets, enhancing regional integration, and building domestic productive capacities."

The strategy builds on the Bank's decade-long track record in Namibia, where it has invested $658.1 million in projects including the expansion of Walvis Bay Port, railway upgrades, and 27 educational institutions across all 14 regions.

The Namibia CSP aligns with the Bank Group's Four Cardinal Points, Namibia's Vision 2030, and Africa's Agenda 2063. Implementation begins immediately, with the first operations expected in early 2026.

Distributed by APO Group on behalf of African Development Bank Group (AfDB).

Media Contact:  
Emeka Anuforo
Communication and External Relations Department
email:  media@afdb.org 

A Major Win for Namibia as ReconAfrica Delivers Kavango West 1X Hydrocarbon Discovery

African Energy Chamber
Download logo

The African Energy Chamber (AEC) (https://EnergyChamber.org) strongly welcomes the announcement by Reconnaissance Energy Africa of a successful hydrocarbon encounter at the Kavango West 1X well on Petroleum Exploration Licence (PEL) 73, onshore Namibia. The results represent one of the most meaningful milestones yet for the country's onshore energy potential and reaffirm Namibia's position as one of the most attractive frontier markets for exploration in Africa and globally.

On December 3, ReconAfrica reported that the Kavango West 1X well was safely drilled to a depth of 4,200 meters, with results confirming a substantial section containing hydrocarbons. The well encountered a significant zone of oil- and gas-bearing rock, with more than 60 meters of confirmed hydrocarbon pay and additional hydrocarbon shows in deeper intervals. These results not only highlight the geological prospectivity of the Damara Fold Belt but also support ongoing modeling that suggests significant development potential across ReconAfrica's six-million-acre lease position. The Company has announced plans to production-test the well during the first quarter of 2026, an important next step in confirming deliverability and commerciality.

The AEC applauds the efficiency and technical excellence of the operation, which was completed safely, on schedule and on budget. For Namibia – one of the continent's fastest-emerging exploration hotspots – this progress reinforces the importance of sustained upstream investment, supportive regulatory frameworks and strong cooperation between operators, government and communities.

A Boost to Onshore Development and Local Jobs

Namibia's offshore discoveries in recent years have garnered significant global attention, but onshore exploration has long represented an equally important pillar for long-term energy security and economic diversification. ReconAfrica's latest results bring renewed confidence to the role onshore resources can play in creating employment, stimulating local supply chains and accelerating industrialization.

Every stage of the Kavango West 1X campaign – from seismic acquisition to drilling and upcoming testing – has generated local business opportunities and direct jobs for Namibians. Continued success in PEL 73 would unlock new rounds of contracting, infrastructure development and capacity building, particularly in logistics, field services, community development programs and environmental management.

Commitment to Community Partnerships

The AEC also recognizes ReconAfrica's ongoing engagement with communities in the Kavango regions, including local partnerships and capacity-building efforts carried out during its exploration activities. The company's proactive approach to stakeholder dialogue, transparency and collaboration sets a strong precedent for how frontier exploration should be conducted in Africa.

An expanding onshore industry offers the potential for long-term socioeconomic impact in northern Namibia, bringing new opportunities for young people, small businesses and local authorities, while supporting the country's broader development goals.

A Step Forward for Africa's Energy Future

With Africa seeking to balance energy security, economic growth and responsible resource development, Namibia continues to shine as a continental success story. The Kavango West 1X results strengthen Africa's case for sustained exploration, particularly at a time when global capital allocation is increasingly selective and competition for investment is fierce. By moving promptly toward production testing, ReconAfrica is demonstrating its long-term confidence in Namibia's potential. The AEC encourages continued collaboration with national regulators, environmental authorities, and community stakeholders to ensure timely and responsible progression toward appraisal and, ultimately, development.

“This discovery is a big win for Namibia and a big win for Africa. ReconAfrica's progress is proof that committed investors, supportive policies and strong community partnerships can unlock real energy opportunities onshore,” states NJ Ayuk, Executive Chairman of the AEC, adding that “These results strengthen confidence in the Damara Fold Belt and reaffirm Namibia as a global exploration hotspot. The Chamber fully supports this next phase of testing and encourages continued investment that creates jobs, builds capacity and drives long-term economic growth for Namibians.”

Distributed by APO Group on behalf of African Energy Chamber.

Building Africa’s Next Industrial Frontier: The Role of Sustainable Aviation Fuels (By Henok Teferra Shawl)

Boeing

By Henok Teferra Shawl, Boeing managing director for Africa (www.Boeing.com).

Sustainable aviation fuel (SAF) presents a strategic opportunity not only to reduce lifecycle emissions but to retain value in African economies and create skilled jobs.

Today, Africa imports most of its jet fuel, sending billions of dollars off the continent each year and leaving airlines and governments vulnerable to volatility of oil prices and currency shocks. At the same time, Africa's diverse agricultural and renewable resources provide a strategic advantage for SAF production. Domestic SAF production could help address structural cost disadvantages facing African airlines — higher jet fuel prices, weak supplier competition, low procurement volumes, and higher taxes.

The World Bank (https://apo-opa.co/4pfameJ) projects Sub‑Saharan Africa will see a major working‑age population expansion by 2050 and capturing this demographic dividend depends on creating skilled jobs at scale. SAF value chains – from feedstock cultivation to refining and logistics – can drive employment and economic growth. Turning this potential into production requires coordinated action across three mutually reinforcing areas: feedstock, policy and finance.

Today, SAF carries a price premium due to limited production. Africa's abundant renewable energy resources and diverse feedstocks could make the continent a key contributor to bringing costs down – an industrial opportunity not to be missed.

From years of research in Africa and globally, including a 2019 study (https://apo-opa.co/4iCdXAY) with WWF South Africa and the International Institute for Applied Systems Analysis, and a 2023 study (https://apo-opa.co/4atc87s) in Ethiopia and South Africa with the Roundtable on Sustainable Biomaterials (RSB), Boeing has found that data‑driven local feedstock assessments are the essential first step.

Building on this experience, Boeing and RSB are engaging other African countries to assess sustainable feedstock potential and SAF production capacity to support creation of a regional SAF ecosystem and inform national policies. Convening governments, research bodies and airlines will help produce credible baselines for such work.

SAF can cut carbon emissions by up to 80% over the fuel's lifecycle compared to conventional jet fuel. However, in order to achieve the aviation industry's decarbonization goal, SAF production worldwide must grow from anticipated 2 million tons in 2025 (https://apo-opa.co/49XflfA) to roughly 500 million tons within 25 years (https://apo-opa.co/3Kf8X8Z), according to the International Air Transport Association (IATA).

SAF will not scale overnight, hence maximizing the impact of every liter of SAF must be paired with reducing fuel demand. Modern airplanes like the Boeing 737 MAX and 787 Dreamliner help airlines cut fuel burn and lower operating costs. In Africa, where about 70% of future deliveries are narrowbody airplanes and intraregional connectivity is a priority, efficient airplanes can expand routes and support trade and tourism while the industry is working to scale SAF supply.

Working together we can turn Africa's potential into local industries, jobs, connectivity and shared prosperity. Building sovereign SAF markets while accelerating fleet modernization and operational efficiency can power that transformation and unlock lasting economic benefits across the continent.

Distributed by APO Group on behalf of Boeing.


Media files
Building Africa’s Next Industrial Frontier: The Role of Sustainable Aviation Fuels (By Henok Teferra Shawl)
Download logo

Congo’s Upstream Expansion Signals New Era for Central Africa’s Energy Future

African Energy Chamber
Download logo

The Republic of Congo is entering a period of rapid growth, with upstream expansion across both the oil and natural gas industries positioning the country as a strategic anchor for Central Africa's energy development. With the start of operations at Congo LNG Phase 2, goals to reach 500,000 barrels per day (bpd) in oil production and bold reforms across its regulatory landscape, the Republic of Congo is sending a strong message to foreign investors: Central Africa is open for business and committed to realizing large-scale projects.

Natural Gas: A Cornerstone of Congo's Energy Strategy

Natural gas has emerged as a cornerstone of Congo's energy strategy, with recent advancements in LNG development reflecting the nation's commitment to bringing projects online efficiently and at pace. Brought onstream six months ahead of schedule and 35 months after construction began, the Congo LNG Phase 2 project began operations in December 2025. Part of the broader Congo LNG development, phase two increases the project's capacity by 2.4 million tons per annum (mtpa), bringing the total output to 3 mtpa. Phase two features three production platforms as well as the Scarabeo 5 unit - dedicated to gas treatment and compression - and the Nguya FLNG unit. First cargo is expected to be exported in early 2026.

The milestone comes shortly after the country became an LNG exporter, with the start of Congo LNG Phase 1 - the country's first major offshore gas development - achieved in late-2023. The commissioning of phase two marks an extraordinary acceleration, reflecting a national drive to position gas as a catalyst for growth. Beyond Congo LNG, advancements are being made at the Bango Kayo project - spearheaded by China's Wing Wah and incorporating an integrated gas monetization component. Developed in several phases, the project will produce LNG, LPG, butane and propane for the domestic market, with scalable gas infrastructure unlocking up to 30 billion cubic meters of gas over 25 years.

The Quest for 500,000 BPD

Congo's oil sector has long-been a critical contributor to the regional economy, but the push toward 500,000 bpd represents a new level of ambition. Several developments are underway to achieve this goal. TotalEnergies is investing $600 million in exploration and production, with a focus on the Moho Nord field. Trident Energy is expanding its portfolio following its acquisition of Chevron's Congolese assets in 2024, while Perenco is advancing the Kombi 2 platform, with operations on track for early-2026.

Wing Wah is also gearing up for greater production with the September 2025 signing of a $23 billion hydrocarbon agreement for the development of the Bango Kayo, Holmoni and Cayo permits. The deal aims to ramp-up output across the permits to more than 1.3 barrels by 2050. This upstream resurgence comes at a time when Central Africa is facing widening demand for secure energy supplies. Congo's production growth strengthens the region's ability to meet both export commitments and domestic needs.

Regulation Fuels Opportunity

The Republic of Congo's upstream momentum is being fueled by policy frameworks. In the gas sector, the country is establishing a Gas Master Plan, offering a clear development framework for the sector. Speaking at African Energy Week (AEW) 2025, the country's Minister of Hydrocarbon Bruno Jean-Richard Itoua, also announced that Congo's new Gas Code will be launched this year, creating greater clarity and providing long-term governance. These policies complement the anticipated launch of a licensing round. While faced with delays, the upcoming round is expected to feature strategic block opportunities, supporting forays by international players. Platforms such as AEW - which returns to Cape Town from 12-16 October 2026 - further supports foreign investment by promoting opportunities, connecting players and showcasing Congo's energy strategy to a global audience.

“The Republic of Congo is showing the continent what is possible when you combine political will, strong partnerships and a commitment to monetizing the resources you have today - not 10 years from now. Billions of dollars in oil and gas opportunities are being unlocked and Congo's success is strengthening the entire Central African region. This is the kind of bold development Africa needs,” says NJ Ayuk, Executive Chairman of the African Energy Chamber. 

Distributed by APO Group on behalf of African Energy Chamber.

The International Islamic Trade Finance Corporation (ITFC) and Trade and Development Bank Group (TDB Group) Celebrate Growing Partnership with New Commitments

International Islamic Trade Finance Corporation (ITFC)

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, and the Trade and Development Bank Group (TDB Group) have been collaborating for several years financing the trade of commodities which are critical to the food and energy security of TDB Group Member States.

Building on more than US$ 800 million in TDB participation in ITFC syndicated facilities, the multilateral financial institutions have committed to further expand their cooperation in 2026 and beyond.  Toward this end, the partners just signed, in Abuja, a framework agreement to grow an existing ITFC Murahaba facility to TDB by US$100 million with a target to scale it up to US$200 million.

The signing took place on the sidelines of the 5th Arab Africa Trade Bridges (AATB) Program Board of Governors Meeting in Abuja, Federal Republic of Nigeria.

The proposed facility aims to support TDB Group's trade operations across key member countries, benefiting both the private and public sectors, supporting the import and export of strategic commodities and enhancing liquidity for essential sectors, particularly in markets where ITFC and TDB Group share development priorities.

Commenting on the signing, Eng. Adeeb Y. Al Aama, CEO of ITFC, highlighted, “Our cooperation with TDB Group continues to demonstrate how strategic partnerships can deliver real development impact on the ground. Through this renewed and expanded collaboration, we are reinforcing our shared commitment to enabling smoother trade flows, supporting private sector competitiveness, and advancing sustainable economic growth across the region.”

Admassu Tadesse, TDB Group President and Managing Director, said, “We are delighted to celebrate and continue elevating our partnership with ITFC, which has become a key partner for TDB Group for the trade of essential commodities in our region. We look forward to continue strengthening trade, investment and other ties between OIC and TDB Group countries.”

As both institutions continue to deepen co-financing efforts, this engagement reinforces their shared commitment to advancing economic integration, trade competitiveness, and private-sector growth across Africa.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

Contact Us:
Tel: +966 12 646 8337
Fax: +966 12 637 1064
E-mail: ITFC@itfc-idb.org

Social Media:
Twitter: https://apo-opa.co/3XzxoRy
Facebook: https://apo-opa.co/3MmvZeA
LinkedIn: https://apo-opa.co/48jfbhl

About the International Islamic Trade Finance Corporation (ITFC):
The International Islamic Trade Finance Corporation (ITFC) is the trade finance arm of the Islamic Development Bank (IsDB) Group. It was established with the primary objective of advancing trade among OIC member countries, which would ultimately contribute to the overarching goal of improving the socio-economic conditions of the people across the world. Commencing operations in January 2008, ITFC has provided more than US$90 billion of financing to OIC member countries, making it the leading provider of trade solutions for these member countries' needs. With a mission to become a catalyst for trade development for OIC member countries and beyond, the Corporation helps entities in member countries gain better access to trade finance and provides them with the necessary trade-related capacity-building tools, which would enable them to successfully compete in the global market.

About TDB Group:
Established in 1985, the Trade and Development Bank Group (TDB Group) is an African regional multilateral development bank, with a mandate to finance and foster trade, regional economic integration, and sustainable development in Africa. TDB Group counts several subsidiaries and strategic business units including Trade and Development Banking, TDB Asset Management (TAM), the Trade and Development Fund (TDF), TDB Captive Insurance Company (TCI), the ESATAL fund management company and TDB Academy.


Media files
International Islamic Trade Finance Corporation (ITFC)
Download logo

“Why Clay Brick Stands Strong as the Gold Standard for Sustainable Construction in South Africa”

Discover why clay brick remains a standout choice in modern construction. This traditional building material offers high performance, low maintenance, and unique benefits. Learn more about its enduring appeal, brought to you by Africazine.

Africa’s Green Economy Summit 2026 to unveil Africa’s premier pipeline of investment-ready green ventures making a difference toward net zero goals

VUKA Group

Africa's Green Economy Summit (AGES 2026) is set to host an unparalleled showcase of investment-ready green economy projects from across the continent. With over 100 applications meticulously vetted by its expert investors committee, nearly 30 pioneering Pan-African initiatives have been selected to present their transformative solutions. This curated pipeline, spanning crucial sectors from clean energy to climate-smart agriculture, underscores Africa's pivotal role in the global green transition and AGES 2026's commitment to connecting global capital with impactful African ventures.

Elodie Delagneau, Investment Project Lead at VUKA Group, emphasised the significance of this year's selection: "The overwhelming response and the exceptional quality of applications reaffirm Africa's immense potential in the green economy. AGES 2026 is not merely a conference; it is the definitive platform where serious capital meets serious impact. Our rigorous vetting process ensures that investors encounter thoroughly de-risked and scalable projects that are poised to deliver both significant financial returns and verifiable environmental and social benefits."

A curated pipeline of innovation

The Pitch Programme is the culmination of extensive market research and rigorous evaluation, designed to identify and elevate projects that are not only innovative but also strategically aligned with Africa's sustainable development goals. These initiatives represent the cutting edge of green and blue economy solutions, ready to drive tangible progress across the continent.

Our committee, comprised of leading investors and industry experts, has meticulously selected nearly 30 game-changing ventures. This sneak peek offers a glimpse into the future of Africa's green economy, featuring solutions that are ripe for investment and set to transform industries and communities alike.

Approaching Africa's critical green economy verticals

AGES 2026 will present a diverse portfolio of projects categorised into eight high-growth sectors, each offering compelling investment opportunities:

  • Energy: Powering Africa's Green Transformation

The sector is fundamental for Africa's development, with over 600 million lacking electricity. Projects range from utility-scale solar and wind to mini-grids, energy storage, and green hydrogen initiatives. These ventures offer rapid emissions reductions, enhance energy security, and unlock new economic opportunities. Investors will find projects leveraging Africa's abundant renewable resources, supported by favourable policies and innovative financing.

  • Transport & E-Mobility: Accelerating Sustainable Connectivity


Addressing urbanisation and emissions, this sector showcases projects focused on electrifying Africa's transport systems. Initiatives span electric buses, two/three-wheelers, and innovative logistics solutions. These projects aim to reduce fossil fuel consumption, improve urban air quality, and enhance economic productivity through modern, efficient, and clean mobility infrastructure.

  • Waste & Circular Economy: Transforming Waste into Value
     

This critical sector tackles public health, urban resilience, and climate mitigation by converting waste into valuable resources. Projects include advanced recycling facilities, waste-to-energy solutions, organic waste composting, and innovative approaches to utilising invasive species. These ventures create jobs, reduce landfill reliance, and generate new revenue streams from what was once considered waste.

  • Water & Resilience: Safeguarding Africa's Most Precious Resource
     

Water security is paramount for health, agriculture, and industrial activity, especially as climate change intensifies drought and flood risks. Projects in this sector focus on building resilient water infrastructure, developing decentralised water services, and implementing climate-resilient solutions such as groundwater monitoring and integrated catchment rehabilitation.

  • Sustainable Agriculture & Food Systems: Cultivating Africa's Future

With agriculture central to livelihoods, this sector presents projects focused on sustainable practices that increase productivity, climate resilience, and food security. Initiatives range from vertical farming and biochar-based fertilisers to agri-tech platforms and cold chain solutions. These projects aim to reduce emissions, enhance soil health, boost yields, and empower smallholder farmers across the continent.

  • Biodiversity & Nature Finance: Safeguarding Africa's Natural Capital
     

Africa's vast biodiversity underpins essential ecosystem services and climate regulation. Projects in this sector mobilise capital to protect, restore, and sustainably manage critical ecosystems like forests, wetlands, and coastal zones. Initiatives such as REDD+ programs and blue carbon projects offer high-impact conservation opportunities with significant co-benefits for local communities and tourism.

  • Digitalisation & Climate Tech: Accelerating Green Innovation

Digital tools are proving to be powerful accelerators for climate solutions, optimising energy use, enhancing agricultural productivity, and improving resource management. This sector features projects leveraging IoT, AI, and blockchain for supply chain traceability, carbon accounting, and new green business models. These technologies reduce transaction costs and dramatically increase the scalability of green projects.

  • Carbon Markets & Credits: Monetising Climate Action

Carbon markets are emerging as a powerful mechanism to mobilise private capital for climate mitigation and nature-based solutions. Projects here focus on generating high-integrity carbon credits through renewables, avoided deforestation, mangrove restoration, methane capture, and sustainable agriculture. These initiatives channel crucial finance to projects that deliver verifiable climate benefits alongside significant social outcomes.

Experience the power of connection

AGES 2026 stands as Africa's most influential gathering for green investment, innovation, and policy. The summit is meticulously designed to foster direct connections between global capital and the most promising green economy projects.

"The Pitch Programme offers an unparalleled opportunity for investors to engage directly with the innovators shaping Africa's green future," Delagneau added. "Beyond the pitches, attendees will benefit from purpose-built matchmaking sessions, networking opportunities with leading DFIs, corporate partners, and policymakers, and deep insights into the continent's evolving green economy landscape. Our goal is to significantly accelerate deal flow and ensure that every investor finds projects that align with their financial and impact mandates."

The summit also includes a robust mentorship program for pitching projects, ensuring they are investor-ready and equipped with compelling narratives. This holistic approach reinforces AGES 2026's commitment to not just showcasing projects but actively facilitating their success and growth.

AGES 2026 is poised to be a pivotal event in driving Africa's just transition, underscoring the continent's leadership in developing scalable, sustainable, and economically viable solutions to global challenges.

More information or registration: www.GreenEconomySummit.com

To download the event brochure, click here (https://apo-opa.co/4pRd1LN).

Distributed by APO Group on behalf of VUKA Group.

Additional Link:
Download the Deal Book to explore all of the confirmed projects pitching at AGES 2026: https://apo-opa.co/48iElMV

Media enquiries and interview requests:
Nomsa Mdhluli
Nomsa@tishalacommunications.com
+27 71 628 6231

Elize Engle
Pr1@tishalacommunications.com
+27 82 762 4946

Tshepang Mokoena
Pr@tishalacommunications.com
+27 76 682 9608

Registration enquiries:
Mzamo Jika
mzamo.jika@wearevuka.com

Letlatsa Sekhele
letlatsa.sekhele@wearevuka.com

Prudence Chishimba
prudence.chishimba@wearevuka.com


Media files
VUKA Group
Download logo

MSGBC Oil, Gas & Power 2025 to Discuss Clean Energy and Industrial Development

Energy Capital & Power
Download logo

Mauritania has advanced its clean energy agenda with the August 2025 unveiling of a 160 MW solar plant, 60 MW wind farm and large-scale battery storage systems - all to be developed under a new public-private partnership framework. The announcement comes as the MSGBC basin undergoes rapid transformation in its energy sector, following the start of LNG production at the Greater Tortue Ahmeyim project earlier this year – a milestone set to reshape regional power generation, industrial expansion and export potential.

Amid this progress, the MSGBC Oil, Gas & Power 2025 conference and exhibition – taking place in Dakar from December 8-10 – will host a high-level session – Powering the MSGBC Region with Sustainable Technologies. Speakers include Katrin Puetz, Co-Founder of social business initiative BioGasUnite; a senior representative from Senegal's body for oil and gas projects COS Petrogaz; Jonathan Ambrogi, Business Development Officer at consultancy firm EnGreen; and Jason Yang, General Manager at industrial manufacturer Neway Valve. The panelists will examine how emerging technologies, expanded gas and renewable capacity, and improved regulatory frameworks can accelerate energy security, industrial growth and sustainable development across the MSGBC region.

Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region's oil, gas and power sector. Visit www.MSGBCOilGasAndPower.com to secure your participation at the MSGBC Oil, Gas & Power 2025 conference. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Senegal continues to consolidate its position as a regional power hub through its upcoming Cap des Biches combined-cycle gas plant, which will add 300 MW to the national grid and support the country's 2025 target of 30% renewables in its electricity mix. The project follows the start of the Sangomar oil field in mid-2024 – which has strengthened government revenue streams intended to support diversified industrial development - and ahead of the anticipated final investment decision on the Yakaar-Teranga gas project. Yakaar-Teranga further anchors Senegal's strategy to deploy natural gas as a stabilizing bridge fuel.

The Gambia is similarly advancing its energy and regulatory landscape, with new petroleum exploration and production legislation under development and a fresh renewable energy partnership with Turkey aimed at expanding national infrastructure. These advancements align with the country's goal of achieving 90% electrification by the end of 2025.

Mauritania's position as a future global green hydrogen hub also forms a central part of the regional transition, marked by gigawatt-scale ventures such as the Aman project – which completed geological studies in March 2025 – and the Megaton Moon initiative, following its framework agreement signed in February 2025. Together, these projects aim to supply both domestic green industries such as green iron production and export markets in Europe.

Against this backdrop, the upcoming MSGBC Oil, Gas & Power conference will bring together industry leaders to examine how these emerging renewable, gas-to-power and hydrogen developments can accelerate sustainable growth across the region.

Powering the MSGBC Region with sustainable Technologies will be a critical session that reflects the basin's rapid shift toward cleaner, more reliable energy systems. As new gas, renewable and hydrogen projects come online, this dialogue will help stakeholders chart a pathway to long-term energy security and industrial growth,” states Sandra Jeque, Events and Project Director, Energy Capital & Power.

Distributed by APO Group on behalf of Energy Capital & Power.

MSGBC Conference to Spotlight Regional Infrastructure, Logistics Opportunities

Energy Capital & Power

Major milestones across the MSGBC basin are accelerating the region's rise as a leading African energy hub, with the Greater Tortue Ahmeyim (GTA) LNG project commencing commercial operations and Senegal's Sangomar oilfield coming online. These achievements mark a decisive shift in the basin's capabilities, positioning the MSGBC region as a growing exporter of both gas and liquids while attracting new waves of international investment. Yet as production scales upward, the region's long-term competitiveness will hinge not only on what is produced, but on how efficiently those resources can reach global markets.

The upcoming MSGBC Oil, Gas & Power 2025 conference and exhibition will feature a panel session titled Integrated Infrastructure & Logistics: Beyond the Port to Global Markets. The session will focus on investment needs and opportunities in integrated infrastructure and logistics to connect the region's expanding energy market and mineral resource production to regional and global markets. The panel will bring together senior representatives from key companies that play a significant role in the MSGBC region's infrastructure and logistics landscape, including speakers from private equity firm Actis, industrial manufacturer Neway Valve, management firm EPCM Holdings and logistics provider Africa Global Logistics.

Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region's oil, gas and power sector. Visit www.MSGBCOilGasAndPower.com to secure your participation at the MSGBC Oil, Gas & Power 2025 conference. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

The panel will highlight the importance of integrated infrastructure in enabling the development of the MSGBC region's energy and mineral resources. The discussion is expected to cover multimodal transport infrastructure, including pipelines, ports and rail, as well as the role of logistics and industrial suppliers in supporting energy and mining projects. Attendees will have the opportunity to hear directly from companies that are actively contributing to the region's growing energy and industrial sectors, including the GTA gas project, Mauritania's Energy Service Zone and other key initiatives.

The MSGBC region's energy and mineral sectors are increasingly drawing international attention, with investment focused on both export infrastructure and domestic industrialization. Integrated transport networks, including pipelines and regional rail connections, are critical to unlocking the economic potential of these resources. As such, the panel is set to provide insight into the companies, partnerships and infrastructure solutions that are shaping the MSGBC region's ability to connect its production to global markets, while also supporting regional economic growth and industrial development.

“This panel underscores the critical role of integrated infrastructure and logistics in connecting the MSGBC region's energy and mineral resources to regional and global markets. It will provide a platform for industry leaders to share insights on the partnerships and solutions driving economic growth and sustainable development across the basin,” states Sandra Jeque, Events and Project Director, Energy Capital & Power.

Distributed by APO Group on behalf of Energy Capital & Power.


Media files
Energy Capital & Power
Download logo

The Surge in Gas Production and Africa’s Path to Economic Transformation (By NJ Ayuk)

African Energy Chamber
Download logo

By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org).

Natural gas will be a pivotal component of Africa's energy future as it is uniquely poised for growth despite the move toward a surplus liquefied natural gas (LNG) supply in the global gas cycle.

As detailed in the African Energy Chamber's 2026 Outlook Report, “The State of African Energy,” African demand for gas is forecast to rise 60% by 2050. In fact, gas is the only fossil fuel expected to expand its share of primary energy demand globally. Furthermore, as North Africa's dominance in the sector diminishes, the report expects sub-Saharan Africa to drive this gas surge as the region holds over 70% of the continent's remaining recoverable resources.

Export revenues and domestic use are the two avenues down which Africa will find the transformative benefits that gas offers, but actually getting there depends on successfully navigating infrastructure gaps, pricing disputes, and the transition from associated to non-associated gas.

The Next Gas Epicenter

Two-thirds of gas production on the continent takes place in North Africa with Algeria, Egypt, and Libya holding the top spots as leading producers with high gas penetration in their own power mixes. However, we expect North Africa's share of total continental production to decrease to below 40% by 2035 as output from other regional producers accelerates. While sub-Saharan production currently accounts for the remaining third of current gross output, the region will dominate future growth.

With the 2021 launch of its “Decade of Gas,” a government initiative to develop gas resources and aid in the transition to cleaner energy, Nigeria will likely lead this expansion, as it already produces more than half of the region's commercialized gas. Emerging producers like Mozambique, Tanzania, Senegal, Mauritania, and Angola are set to follow. Notably, Mozambique's Coral Sul project, Senegal-Mauritania's Greater Tortue project, and Congo LNG have all added new export streams since 2022.

Our 2026 Outlook Report also forecasts that total African gross gas demand will have climbed steadily from roughly 55 billion cubic meters (Bcm) per year in 2020 to over 90 Bcm by 2050. Residential, industrial, and other power sectors are anticipated to drive the growth.

With sub-Saharan Africa holding more than 400 trillion cubic feet (Tcf) of recoverable gas resources, which amount to 70% of the continent's total reserves, the region is poised to meet that demand.

Also, unlike North Africa's mature, pipeline-linked markets, sub-Saharan gas is increasingly non-associated or “dry,” meaning it is not found alongside crude oil in reserves. While non-associated gas is more expensive per million British thermal unit (MMBtu), the fact that it is not cross-subsidized by oil essentially frees it from the operational and pricing constraints of oil-centric projects, making the gas available to new domestic, regional, or export pathways to monetization.

Transformative Avenues: Exports and Domestic Industrialization

As our report explains, gas development can transform host government economies through two primary channels: exports and in-country value creation.

Exports: Last year, Africa supplied 34.7 million metric tonnes (MMt) of LNG (8.5% of the global supply). Sub-Saharan volumes in 2024 reached 26.9 MMt, with 60% destined for Asia and 25% for Europe. Adding Tanzania to the export roster, the 2026 Outlook Report projects a quadrupling of the sub-Saharan supply by 2050.

Furthermore, as west and southwest African LNG producers are in proximity to both Atlantic and Indian Ocean markets, producers in these regions specifically can function as swing suppliers, taking advantage of fluctuations in European and Asian LNG spot prices or global supply disruptions.

Also, where gas export projects have domestic market obligations (DMOs), like in Nigeria, Senegal-Mauritania, Angola, and Cameroon, growth in exports grows the gas supply for domestic use. For example, Senegal has plans of achieving 3 gigawatts (GW) of gas-fired power by 2050, largely fed by DMOs from the Greater Tortue LNG project and the Yakaar-Teranga LNG project.

Domestic Monetization and Industrialization: In addition to the revenue collected from exports, gas can empower a producing nation by fueling transport, powering industry, and electrifying homes all within its borders.

Although only a few sub-Saharan countries currently have power mixes that include gas, generation from natural gas has shown a steady increase across the region over the last decade. As detailed in our report, Nigeria's gas-fired capacity is at 12.6 GW, and installations in Ghana and Mozambique are at 2.9 GW and 1.1 GW, respectively. Tanzania, Senegal, Angola, Côte d'Ivoire, and South Africa are also home to smaller gas power plants. In countries such as Senegal and Ghana, that have coastal demand centers, floating power ships operating on natural gas are in place to satisfy demand.

What's more, Nigeria, South Africa, Senegal, Angola, Ghana, Tanzania, and Mozambique all have stated ambitions of developing or furthering gas-to-power infrastructure. Our report also sees a coming increase in demand for gas-derived products such as fertilizers and petrochemicals, as well as for implementation in industrial applications like metals processing.

Angola's recently approved National Gas Plan targets these sectors with a focus on curbing import reliance, while Nigeria's push for compressed natural gas (CNG) vehicles under the 2020 National Gas Expansion Program officially commenced in March 2022. These are just two examples of how sub-Saharan Africa's gas sector is poised to deliver an economic one-two punch through exports and in-country monetization that would enable nations to cut down on imports, grow their revenues, and provide energy access to their people for decades to come.

Challenges to Realizing Africa's Gas Potential

Africa holds both abundant gas resources and significant unrealized potential. In fact, Africa ranks second in the world behind only Russia for discovered yet undeveloped gas resources. In two examples, the Rovuma basin, off the coasts of southern Tanzania and northern Mozambique, holds 129 Tcf, and the Niger Delta basin along the Nigerian coast holds 113 Tcf, but these basins remain largely untapped.

There are numerous obstacles between Africa's current position and the economic transformation that gas development could deliver. Our 2026 Outlook Report identifies four essential success factors that Africa must manage if it is to navigate those obstacles: upstream economics, market access and offtake, adequate infrastructure, and country risk/fiscal terms.

As international majors have been known to exit discoveries due to a lack of integration of these factors, support from governments and regulators is critical to finding alignment between them.

Upstream Economics: Currently, over 50% of sub-Saharan production is tied to associated gas, which carries very low production costs. This has contributed heavily to regional gas sector expansion as seen in Nigeria and Angola. By contrast, non-associated gas — though not constrained by oil production rates, enhanced oil recovery reinjection requirements, or oil price fluctuations — demands a competitive dollar-per-MMBtu price to justify future investment and infrastructure development.

Market Access and Offtake: To ensure transparent pricing, adequate returns, and reliable long-term demand all while maximizing domestic benefits, success with this factor will require long-term contracts with creditworthy offtakers (buyers held to specified purchase amounts through long-term agreements), predictable consumption patterns, and government-backed incentives that encourage producers to sell and consumers to buy.

Adequate Infrastructure: Linking supply hubs to demand centers requires LNG facilities and pipelines. With this factor, the “chicken-and-egg paradox” emerges: Investors who can provide the necessary infrastructure expect guaranteed demand, yet demand only grows once that infrastructure is in place. This dynamic is why governments must put in place predictable regulatory and pricing frameworks that attract investment while advancing national economic and energy priorities.

Country Risk and Fiscal Terms: To keep gas production projects attractive to investors, national governments must find the correct balance of royalties, production sharing terms, taxation, DMOs, and local content requirements. Governments must also align their export and domestic priorities to satisfy operator needs and achieve their own local supply or revenue ambitions. Maintaining overall political stability to ensure long-term investor confidence is another critical component of this success factor.

Seizing the Surplus

The 2026 Outlook frames gas as Africa's bridge fuel: cleaner than coal or oil, versatile for power generation and industrial applications, and increasingly competitive as global prices decrease in the coming years.

Sub-Saharan Africa's anticipated non-associated gas production surge can deliver energy security, export revenues, and new industrial jobs. Success in this effort will require a resolution of the infrastructure-demand paradox through reliable contracts, transparent pricing, and balanced fiscal policies.

If African nations can collectively support upstream scalability, midstream connectivity, and downstream certainty, gas production will not merely surge — it will transform the entire continent for the better.

"The State of African Energy: 2026 Outlook Report" is available for download. Visit https://apo-opa.co/48v4gzN to request your copy.

Distributed by APO Group on behalf of African Energy Chamber.

Changan Unveils Full New Energy Lineup at Thailand International Motor Expo 2025

Changan

Changan Automobile (www.GlobalChangan.com) unveiled its latest lineup of new energy vehicles (NEVs) at the Thailand International Motor Expo 2025, presenting models across AVATR and CHANGAN DEEPAL. The showcase highlighted its leading technology and deep-rooted heritage in the automotive industry. Taking place from 29th November to 10th December at IMPACT Challenger Hall, Muang Thong Thani, CHANGAN's presence marks a bold step in delivering intelligent mobility to Thai customers.

AVATR, the brand that brings the concept of  "Emotive Luxury," headlined the event with the debut of the first-class elegant luxury SUV -- AVATR 07. Lead by AVATR's European design team, the model has earned top international honors, including the IDA International Design Gold Award and the 2025 German iF Design Award. The cabin combines premium materials, multi-sensory enjoyment and exceptional quietness to create a deeply resonant and luxurious environment. The 3.9s 0-100km/h acceleration time and advanced CDC adaptive air suspension, powered by industry-leading ADAS, deliver a  seamless, reliable and confident driving. Beautiful in design, luxurious in comfort, and intelligent in every sense, AVATR 07 bring Thai customers to a new journey of "Smart elegance, effortless luxury" .

CHANGAN DEEPAL, a key part of Changan's Thailand portfolio, continued its strong market momentum. The DEEPAL S05, first made-in-Thailand model, launched in March 2025, ranked No. 1 in EV SUV registrations for two consecutive months. Responding to growing consumer enthusiasm, Changan introduced the S05 Max Long Range, offering  an all-black exterior and interior, a 68.82 kWh battery with 560 km NEDC range, and a 200 kW motor capable of 0–100 km/h in just 6.48 seconds.

As Thailand rapidly transitions toward electrification, it has become a strategic hub for Changan. Under its “In Thailand, For Thailand” strategy, Changan is advancing localization across  local manufacturing, marketing, sales, and service.

In May 2025, Changan inaugurated its first overseas NEV plant in Rayong, Thailand—employing over 1,000 Thai workers, and achieving approximately 60 percent local contents. In August, Changan hosted its first Service Skills Competition in Bangkok reinforce its global after-sales standards.

Looking ahead, Changan plans to launch seven models in Thailand over the next three years. Over the next five years, Changan will introduce more than 50 NEVs globally, driving the momentum of AVATR and CHANGAN DEEPAL toward leadership in intelligent and new energy mobility.

Distributed by APO Group on behalf of Changan.

Contact:
Xu Ruiyue
xury1@changan.com.cn


Media files
Changan Unveils Full New Energy Lineup at Thailand International Motor Expo 2025
Download logo

Nigeria Champions African-Arab Trade to Boost Agribusiness, Industrial Growth

The Arab Africa Trade Bridges Program (AATB)

The Arab Africa Trade Bridges (AATB) Program and the Federal Republic of Nigeria formalized a partnership with the signing of the AATB Membership Agreement, officially welcoming Nigeria as the Program's newest member country. The signing ceremony took place in Abuja on the sidelines of the 5th AATB Board of Governors Meeting, hosted by the Federal Government of Nigeria.

The Membership Agreement was signed by Eng. Adeeb Y. Al Aama, the CEO of the International Islamic Trade Finance Corporation (ITFC) and AATB Program Secretary General, and H.E. Mr. Wale Edun, Minister of Finance and Coordinating Minister of the Economy, Federal Republic of Nigeria. The Agreement will provide a strategic and operational framework to support Nigeria's efforts in trade competitiveness, promote export diversification, strengthen priority value chains, and advance capacity-building efforts in line with national development priorities. Areas of collaboration will include trade promotion, agribusiness modernization, SME development, businessmen missions, trade facilitation, logistics efficiency, and digital trade readiness.

The Honourable Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, called for deeper trade collaboration between African and Arab nations, stressing the importance of value-added Agribusiness and industrial partnerships for regional growth. Speaking in Abuja at the Agribusiness Matchmaking Forum ahead of the AATB Board of Governors Meeting, the Minister said the shifting global economy makes it essential for African and Arab nations to rely more on regional cooperation, investment and shared markets.

He highlighted projections showing Arab-Africa trade could grow by more than US$37 billion in the next three years and urged partners to prioritize value addition rather than raw commodity exports. He noted that Nigeria's growing industrial base and upcoming National Single Window reforms will support efficiency, investment and private-sector expansion.

This is a moment to turn opportunity into action”, he said. “By working together, we can build stronger value chains, create jobs and support prosperity across our regions”, Edun emphasized. As African and Arab nations embark on this journey of deeper trade collaboration, the potential for growth and development is vast. With a shared vision and commitment to value-added partnerships, we can unlock new opportunities, drive economic growth, and create a brighter future for our people.”

Speaking during the event, Eng. Adeeb Y. Al Aama, Chief Executive Officer of ITFC and Secretary General of the AATB Program, stated: “We are pleased to welcome Nigeria to be part of the AATB Program. Nigeria stands as one of Africa's most dynamic and resilient economies in Africa, with a rapidly expanding private sector and strong potential across agribusiness, energy, manufacturing, and digital industries. Through this Membership Agreement, we look forward to collaborating closely with Nigerian institutions to strengthen value chains, expand regional market access, enhance trade finance and investment opportunities, and support the country's development priorities.”

The signing of this Agreement underscores AATB's continued engagement with African countries and its evolving portfolio of programs supporting trade and investment. In recent years, AATB has worked on initiatives across agribusiness, textiles, logistics, digital trade, export readiness under the AfCFTA framework, and other regional initiatives such as the Common African Agro-Parks (CAAPs) Programme.

With Nigeria's accession, the AATB Program extends it's presence in the region and adds a key partner working toward advancing trade-led development and fostering inclusive economic growth.

Distributed by APO Group on behalf of The Arab Africa Trade Bridges Program (AATB).

Contact us:
E-mail: aatb@itfc-idb.org 

Social Media:  
Twitter: @ aatb_program  
Facebook: @ aatbprogram  

About the Arab-Africa Trade Bridges (AATB) Program: 
The AATB Program is a multi-donor, multi-country, and multi-organizations program supported by the African Export-Import Bank (Afreximbank), Arab Bank for Economic Development in Africa (BADEA), Islamic Development Bank, the International Islamic Trade Finance Corporation (ITFC) The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and The Islamic Corporation for the Development of the Private Sector (ICD).  The Program aims to promote and increase trade and investment flows between African and Arab OIC member countries; provide and support trade finance and export credit insurance and enhance existing capacity-building tools relating to trade. The Program specifically focuses on supporting the key sectors of agriculture and related industries including textiles; the health industry including pharmaceuticals; infrastructure and transport; and petrochemicals, construction material, and technology.  


Media files
Nigeria Champions African-Arab Trade to Boost Agribusiness, Industrial Growth
Download logo

Categories

spot_img