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African Energy Chamber

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    • Afreximbank Commits $1.4B to Ammonia and Urea Fertilizer (AMUFERT) Fertilizer Plant in Angola (1)
    • Afreximbank Commits $1.4B to Ammonia and Urea Fertilizer (AMUFERT) Fertilizer Plant in Angola (2)
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Source: African Energy Chamber |

Afreximbank Commits $1.4B to Ammonia and Urea Fertilizer (AMUFERT) Fertilizer Plant in Angola

The African Energy Chamber commends the partnership between Afreximbank, AMUFERT, OPAIA and Sonagas to establish a fertilizer plant in Soyo, Angola

Pan-African multilateral financial institution the African Export-Import Bank (Afreximbank) will support the establishment of Ammonia and Urea Fertilizer’s (AMUFERT) fertilizer plant in Soyo, Angola with a $1.4 billion financing facility. Afreximbank will act as the lead arranger and financial advisor for the project, with Angolan conglomerate OPAIA Group and state-owned…

African Energy Chamber
Source: African Energy Chamber |

If oil disappeared tomorrow (By HE Haitham Al Ghais)

If oil disappeared tomorrow, petroleum based-products would vanish with it

By HE Haitham Al Ghais, OPEC Secretary General. If oil disappeared tomorrow, there would be no more jet fuel, gasoline or diesel. Internal combustion engine automobiles, buses, trucks, lorries and coaches would be stranded. Airplanes powered by jet fuel would be grounded. Freight and passenger rail powered by diesel would…

African Energy Chamber

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    • African Countries Must Oppose Measures at Conference of the Parties (COP27) that Prevents Africa from Making Full Use of its Fossil Fuels (By NJ Ayuk)
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Source: African Energy Chamber |

African Countries Must Oppose Measures at Conference of the Parties (COP27) that Prevents Africa from Making Full Use of its Fossil Fuels (By NJ Ayuk)

The world’s wealthy nations' green agenda ignores Africa – or at least, it dismisses our unique needs, priorities and challenges

By NJ Ayuk, Chairman of African Energy Chamber (http://www.EnergyChamber.org). I am going to COP27 because I believe if Africa is not on the table it will be on the menu. Let me be clear, those of us who are advocating for African countries to continue using their oil and gas…

African Energy Chamber

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    • African Energy Chamber (AEC) Celebrates Africa Day by Addressing Energy Poverty to Achieve Food Security, Economic Growth in Africa
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Source: African Energy Chamber |

African Energy Chamber (AEC) Celebrates Africa Day by Addressing Energy Poverty to Achieve Food Security, Economic Growth in Africa

By spurring investment in energy, Africa can address both energy poverty and food security

As the voice of the African energy sector, the African Energy Chamber (AEC) (www.EnergyChamber.org) proudly celebrates Africa Day on the 25th of May 2022. This year’s celebrations take place under the African Union’s 2022 theme, ‘The Year of Nutrition’ emphasizing how the continent needs to adopt and accelerate a multisectoral…

African Energy Chamber
Source: African Energy Chamber |

Africa’s energy transition must be African at heart and in practice (By Verner Ayukegba)

Local content policies and localization strategies cannot be forgotten in the pursuit of investment and efficiency

By Verner Ayukegba Africa is at an energy cross-road. On one hand, the most talented, better educated, most entrepreneurial and competitive generation the continent has ever had is rising and taking on leadership positions that will propel African companies to become more competitive. After many turbulent decades, most corners of…

African Energy Chamber
Source: African Energy Chamber |

Oil Industry, Finance and Petroleum Ministers debate Coronavirus and Oil Industry Relief and Rebound in Equatorial Guinea

Panelists agree economic diversification is the best solution in Equatorial Guinea ensuring stability

Equatorial Guinea hosts Open for Business webinar; the African Energy Chamber’s (https://EnergyChamber.org) Executive Chairman, NJ Ayuk and Leoncio Amada Nze, President for the CEMAC region joined Equatorial Guinea’s Minister of Mines and Hydrocarbons, H.E. Gabriel Mbaga Obiang Lima and H.E. Cesar A. Mba Abogo, Minister of Finance, Economy and Planning…