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African Energy Chamber
Source: African Energy Chamber |

The Treaty on Plastics is a Direct Attack on African Development - African Nations Must Oppose It

The Treaty on Plastics poses significant harm for oil and gas producing nations in Africa and stands to stifle economic and industry growth across the continent

The second part of the fifth session of the Intergovernmental Negotiating Committee on the Treaty on Plastics is currently being held in Geneva, Switzerland, with over 170 nations meeting to discuss the implementation of a legally-binding instrument on plastic pollution. If signed, the treaty would cut the production levels of…

African Energy Chamber

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    • $40B Africa Energy Fund Targets Universal Access – What it Means for Clean Cooking
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Source: African Energy Chamber |

$40B Africa Energy Fund Targets Universal Access – What it Means for Clean Cooking

With the launch of a $40 billion fund to expand energy access, African Energy Week 2025: Invest in African Energies will serve as a key platform to drive investment in clean cooking solutions and sustainable energy strategies across the continent

A new $40 billion Africa Energy Fund, launched at the Mission 300 Africa Energy Summit in Dar es Salaam, aims to provide 300 million people with access to cleaner, more reliable energy by 2030. The initiative aligns with Africa’s broader push for sustainable energy solutions, including clean cooking technologies, which…

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    • South Africa’s G20 Presidency for 2025: A Catalyst for Energy Investment in Africa
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Source: African Energy Chamber |

South Africa’s G20 Presidency for 2025: A Catalyst for Energy Investment in Africa

South Africa can leverage its G20 presidency to advocate for increased energy financing and facilitate greater coordination and investment in key African markets, presenting a unique opportunity to shape global economic and energy policies

In 2025, South Africa will hold the rotating presidency of the G20. Given its position as Africa’s most industrialized nation and an energy hub, South Africa’s leadership could play a pivotal role in attracting investment to the continent’s energy sector. By leveraging its G20 platform, South Africa can push for…

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    • Africa Faces Massive Poverty and Economic Hardship in the Name of Fighting Climate Change (By NJ Ayuk)
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Source: African Energy Chamber |

Africa Faces Massive Poverty and Economic Hardship in the Name of Fighting Climate Change (By NJ Ayuk)

Pressure is building to phase out fossil fuels in Africa to fight climate change

By NJ Ayuk, Executive Chairman African Energy Chamber (www.EnergyChamber.org). Organizations ranging from the World Bank to the European Investment Bank (EIB) have dropped support for African fossil fuel production in hopes of encouraging a transition from oil, gas and coal to sustainable energy sources like wind and solar power. Now…

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    • Afreximbank President to Usher New Era of African Sustainable Investment, Local Content Development as African Energy Week (AEW) 2024 Keynote Speaker
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Source: African Energy Chamber |

Afreximbank President to Usher New Era of African Sustainable Investment, Local Content Development as African Energy Week (AEW) 2024 Keynote Speaker

Afreximbank President and Chairman Dr. Benedict Oramah will participate as a speaker at AEW: Invest in African Energy 2024 this November in Cape Town

Pan-African finance institution the African Export-Import Bank (Afreximbank) (apo-opa.co/4767rgi) recently announced that it will provide $650 million in funding for multinational energy company Oando Plc’s acquisition of exploration and production company the Nigerian Agip Oil Company. The loan includes a senior and junior reserved-based lending facility to the tune of…

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    • No More Delays on South Africa’s New Oil and Gas Law (By NJ Ayuk)
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Source: African Energy Chamber |

No More Delays on South Africa’s New Oil and Gas Law (By NJ Ayuk)

The South African government must expedite oil and gas legislation to boost investor confidence

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org).  Within the last few months, there’s been both good and bad news for South Africa’s oil and gas industry. I’ll start with some good news: Shell, the UK-based giant, is optimistic that the vast hydrocarbon reserves discovered offshore Namibia extend into…

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    • To Stem Investment Elsewhere, Nigeria’s Oil Sector Requires Change (By NJ Ayuk)
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Source: African Energy Chamber |

To Stem Investment Elsewhere, Nigeria’s Oil Sector Requires Change (By NJ Ayuk)

With two-thirds or more of its revenue coming from oil, investor flight is a serious problem for Nigeria

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org). Nigeria, a previous bright spot on big oil and gas investors’ radar screens, has dimmed substantially as investor attention is increasingly drawn to new and emerging developments in Namibia, Ivory Coast, Angola, and the Republic of Congo. With two-thirds or more…

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    • TotalEnergies’ Commitment to Local Content: A Key Driver of Economic Growth in Africa
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Source: African Energy Chamber |

TotalEnergies’ Commitment to Local Content: A Key Driver of Economic Growth in Africa

With dedicated dialogue, impact assessment and socioeconomic development at the heart of its local content strategy, TotalEnergies aims to drive long-term and sustainable growth in Africa

With activities in 43 African countries, French major TotalEnergies is a central player in the continent’s oil and gas industry. TotalEnergies’ approach to local content development ensures that its operations in Africa not only harness untapped energy resources, but also contribute to local employment, capacity building and partnership formations. By…

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    • Local Content in Oil & Gas: A Catalyst for Shared Growth in Namibia
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Source: African Energy Chamber |

Local Content in Oil & Gas: A Catalyst for Shared Growth in Namibia

Ndapwilapo Selma Shimutwikeni, Chief Executive Officer (CEO) and Founder of Rich Africa Consulting, explores how Namibia's focus on local content is set to unleash a wealth of opportunities for the local population, building on recent breakthroughs in the upstream industry

In the oil and gas industry, local content refers to the development of local industries, workforce and resources to support the operations of international oil companies (IOC) within a country. For Namibia, fostering ‘Namibian Content’ can significantly enhance economic growth, social development and technological advancement. Leveraging Local Content to Drive…

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    • Bringing Finance to African Energy Projects: African Energy Chamber (AEC) to Host Energy Players in Europe’s Financial Capital
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Source: African Energy Chamber |

Bringing Finance to African Energy Projects: African Energy Chamber (AEC) to Host Energy Players in Europe’s Financial Capital

The AEC’s London Reception takes place on July 11 at the Four Seasons Hotel at Park Lane

Global investment in upstream oil and gas is set to reach $570 billion in 2024, showing a 7% rise compared to 2023 expenditure. Of this, 33% is expected to be directed towards frontier fields, presenting a strategic opportunity for undeveloped oil and gas markets in Africa. With lack of investment…