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African Energy Chamber
Source: African Energy Chamber |

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

With Congo LNG Phase 2 starting operations, Congo is gearing-up for accelerated upstream growth

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…

African Energy Chamber

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    • Faustin-Archange Touadéra, President, Central African Republic
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Source: African Energy Chamber |

Central African Republic President Faustin-Archange Touadéra to Speak at African Energy Week (AEW): Invest in African Energies 2025

Faustin-Archange Touadéra, President, Central African Republic joins AEW: Invest in African Energies 2025 as a speaker as the country accelerates clean energy growth, regional power partnership and climate resilient projects

Faustin-Archange Touadéra, President, Central African Republic (CAR) is confirmed to speak at this year’s African Energy Week (AEW): Invest in African Energies 2025, taking place from September 29 to October 3 in Cape Town. His announced participation comes on the heels of a major boost to CAR’s climate resilience strategy,…

African Energy Chamber

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    • Gabriel Mbaga Obiang Lima, President of the Strategic Partnership and Fund Committee of CAPS
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Source: African Energy Chamber |

Central African Pipeline System Committee President to Deliver Investor Presentation at African Energy Week (AEW) 2024

Gabriel Mbaga Obiang Lima, President of the Strategic Partnership and Fund Committee of CAPS, will showcase the project’s role in connecting Central African countries to a unified energy network and promoting regional energy integration

The Central African Pipeline System (CAPS) is advancing as a key infrastructure project aimed at enhancing energy access and economic development in the region. Gabriel Mbaga Obiang Lima, President of the Strategic Partnership and Fund Committee of CAPS, will deliver an exclusive presentation on the ongoing project at the African…

African Energy Chamber

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    • Reassuring Investor Confidence in the Central African Economic and Monetary Community (CEMAC) Region
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Source: African Energy Chamber |

Reassuring Investor Confidence in the Central African Economic and Monetary Community (CEMAC) Region

CEMAC member countries offer a wealth of natural and mineral resource opportunities for global investors, and addressing regional trade and forex challenges will bolster private sector-led growth

In a bid to safeguard foreign exchange reserves in the region, the Bank of Central African States (BEAC) imposed stricter rules on currency transfers and payments in January 2022 - a move it has been unwilling to reverse despite opposition by energy stakeholders and leaders. Recent regulation significantly impacts dollar-dominated…

African Energy Chamber

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    • CEMAC Business Energy Forum organized by PRO MEET UP AND LEARN and ML Consulting Fosters Energy Discussions to Uplift the Region
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Source: African Energy Chamber |

CEMAC Business Energy Forum organized by PRO MEET UP AND LEARN and ML Consulting Fosters Energy Discussions to Uplift the Region

Ministerial representatives from the CEMAC sub-region gathered in Congo-Brazzaville on 29-30 November to participate in the CEMAC Business Energy Forum, discussing the region’s development and inter-regional cooperation

The CEMAC Business Energy Forum, organized by Pro Meet Up and Learn and ML Consulting, which took place in Congo-Brazzaville on 29-30 November, concluded with interactive reflections between stakeholders in the CEMAC region's energy sector –  with a focus on developing member countries’ resources in a sustainable and mutually beneficial…

African Energy Chamber

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    • Equatorial Guinea’s Oil Minister Meets with Congolese President (1)
    • Equatorial Guinea’s Oil Minister Meets with Congolese President (2)
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Source: African Energy Chamber |

Equatorial Guinea’s Oil Minister Meets with Congolese President, Advances CEMAC Energy Cooperation

H.E. Gabriel Mbaga Obiang Lima, Minister of Mines and Hydrocarbons of Equatorial Guinea, met with H.E. Denis Sassou Nguesso, President of the Republic of the Congo, on Tuesday to discuss accelerating regional energy cooperation among CEMAC member states and within the Global South

Equatorial Guinea’s Minister of Mines and Hydrocarbons, H.E. Gabriel Mbaga Obiang Lima, met with Congolese President H.E. Denis Sassou Nguesso on Tuesday, delivering a special message on behalf of Equatoguinean President, H.E. Teodoro Obiang Nguema Mbasogo, regarding regional energy integration. The meeting addressed growing South-South cooperation and encouraged the establishment…

African Energy Chamber
Source: African Energy Chamber |

Driving Regional Energy Growth in Central Africa: African Energy Week in Cape Town Emphasizes Market-Driven Policies, Local Content Development, and an Enabling Environment

The CEMAC region remains one of the most challenging business environments in Africa, with red tape and burdensome regulations creating significant barriers to entry

Through a series of high-level meetings with industry leaders and international oil companies in Leoncio Amada NZE, African Energy Chamber (www.EnergyChamber.org) Executive President for the CEMAC region, is driving a strong narrative on the role of regulation and an enabling environment in accelerating investment in Equatorial Guinea. By promoting African…

African Energy Chamber
Source: African Energy Chamber |

The Need for Russia-Africa Dialogue agenda set for the International Interparty meeting with the energy sector to play a role

Among, peace, security and investment, natural resources have been at the forefront of many Russia-Africa discussions

Over the last decade, Russia’s sphere of influence in Africa has been broadening. Among, peace, security and investment, natural resources have been at the forefront of many Russia-Africa discussions and continues to grow as interests rise to the development of interparty cooperation of the United Russia Party with African countries.…

African Energy Chamber
Source: African Energy Chamber |

Miracles of Our Own Making: How CEMAC Countries Can Emerge Stronger from the Economic Crisis (By Leoncio Amada NZE)

Through vigorous leadership, the implementation of difficult and even unpopular policies, and our own intrinsic spirit, we can begin climbing out of the abyss

By Leoncio Amada NZE; Executive President of the African Energy Chamber (www.EnergyChamber.org) CEMAC Zone and CEO of Apex Industries SA When the International Monetary Fund (IMF) said that the pandemic-ravaged global economy shrunk by 4.4% in 2020, the news probably surprised no one. The world has not experienced an economic…

African Energy Chamber
Source: African Energy Chamber |

A Pragmatic Solution to the BEAC’s FOREX Regulations Will Not be Reached Without the Involvement of Local Stakeholders

The African Energy Chamber continues to advocate for free-market policies across sub-Saharan Africa as the best enablers of economic growth and jobs creation

The FOREX regulations imposed by the Bank of Central African States (BEAC) remain one of the major impediments to investments in Central Africa’s energy markets: Equatorial Guinea, Congo, Cameroon, Gabon, Chad and CAR. Even though their implementation was postponed from January 1st, 2021 to December 1st, 2021, their unchanged terms…