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African Energy Chamber

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    • The BEAC and CEMAC’s Monetary and Economic Harakiri (By Leoncio Amada NZE)
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Source: African Energy Chamber |

The BEAC and CEMAC’s Monetary and Economic Harakiri (By Leoncio Amada NZE)

Despite potentially being an important market of approximately 59 million inhabitants and abundant natural resources, the CEMAC zone continues to be the least developed with the worst fiscal and monetary policies on the African continent

By Leoncio Amada NZE, Executive President of the African Energy Chamber (www.EnergyChamber.org) CEMAC zone, President of APEX INDUSTRIES SA The global health and economic crisis caused by the COVID-19 pandemic impacted the economic foundations of the CEMAC zone in an unprecedented way due to the limited integration and economic diversification…

African Energy Chamber
Source: African Energy Chamber |

Chancellor Merkel’s Africa Envoy, H.E. Günter Nooke, leads discussion on German investments in Africa

The discussion will be centred on the topic: Investment and Trade for Africa's Economic Development

The webinar will be moderated by Sebastian Wagner, Executive Chair of the Germany Africa Business Forum and Gugu Mfuphi, Presenter of Kaya FM’s prime time business show, Kaya Bizz; the discussion will be centred on the topic: Investment and Trade for Africa's Economic Development; panelists include NJ Ayuk, Chairman of…

African Energy Chamber
Source: African Energy Chamber |

Hydrogen fuel cells deployed at 1 Military Hospital in response to COVID-19

The support provided to 1 Military Hospital will be complemented by hands-on training to ensure that the skills required to operate and manage the fuel cell systems are institutionalised within government

The Department of Science and Innovation (DSI) will on Wednesday, 19 August 2020 unveil seven hydrogen fuel cell systems which are being used as the primary power source for the field hospital established at 1 Military Hospital in Pretoria as part of the government's response to COVID-19. The project is…

African Energy Chamber
Source: African Energy Chamber |

In Central Africa, Economic Recovery Must Go Through a Reform of Forex Regulations (By Leoncio Amada NZE)

In his latest analysis on the African oil sector, Leoncio Amada NZE, Executive President for the CEMAC region at the African Energy Chamber and CEO of APEX Industries argues that there will not be a recovery in Central Africa without addressing the region’s forex regulations first

The health and economic crisis caused by the Covid-19 pandemic is devastating the productive, economic and financial systems throughout the entire planet: businesses went bankrupt, millions of people lost their jobs, economies went into recession and depression, small and medium-sized businesses had to close doors, and dreams and business ideas…

African Energy Chamber
Source: African Energy Chamber |

Senegal, Equatorial Guinea set to discuss post-Covid-Investments in Africa with Germany’s Private Sector at Germany Africa Business Forum (GABF) Webinar

In 2019, the GABF launched a multi-million Euro funding commitment to invest in German energy startups that focus on Africa

The Germany Africa Business Forum (GABF) is organizing an exclusive webinar on the topic "Business in Africa after Covid-19" on August 6th, 2020, at 16:00 Central European Time. The high-level panel will be expanded with an opening speech by the Minister of Mines & Hydrocarbons of Equatorial Guinea, H.E. Gabriel…

African Energy Chamber
Source: African Energy Chamber |

After Covid-19, African Energy Chamber Pushes for Renewed Exploration Drive with New Advisory Committee

The Exploration Committee members gather decades of experience working in the exploration industry

The exploration industry has been the hardest it by the Covid-19 pandemic and the subsequent historic crash in oil prices. Most seismic acquisition and exploratory drilling programmes have been suspended or altogether cancelled as a result of worsening market conditions. While the industry has started its slow recovery, the impact…

African Energy Chamber
Source: African Energy Chamber |

Natural Gas to Change Africa: the Vision of the African Energy Chamber’s Newest Advisory Committee

Committee members gather decades of experience in the public and private sector all across Africa

In continuation of recent announcements on the African Energy Chamber’s Advisory Board (2020 – 2021) (EnergyChamber.org), the Chamber is delighted to announce the nominations on its Natural Gas Committee. The committee will be instrumental in advising the Chamber on several projects and initiatives to boost investments into gas infrastructure across…

African Energy Chamber
Source: African Energy Chamber |

Local Content Advisory Committee to push for a More Inclusive Energy Industry

Local content has always been at the core of the African Energy Chamber’s mandate and priorities

The African Energy Chamber (EnergyChamber.org) has appointed its highest-level advisory committee to serve on local content matters and support capacity building across the continent. Local Content Committee members are part of the Chamber’s Advisory Board and serve in their personal capacities, representing decades of experience working for the leading local…

African Energy Chamber
Source: African Energy Chamber |

African Energy Chamber Hopeful for a Quick Resolution of Disagreements Over Fuel Shortages in Tanzania

The African Energy Chamber is calling for the respect of the rule of law, and asking that they be afforded all due processes as required by Tanzanian law

The African Energy Chamber (https://EnergyChamber.org/) expresses its concerns over the alleged arrest and detention of three energy executives in Tanzania last week. Total Tanzania’s Managing Director Jean-Francois Schoepp, Puma Supply Manager Adam Eliewinga and Oryx’s representative August Dominick were arrested for questioning and taken into custody while attending a consultative…

African Energy Chamber
Source: African Energy Chamber |

European Travel Bans are counter-productive and hurting the Oil & Gas Sector’s ability to support Africa’s Economic Recovery

Restrictions of visa issuance are de facto preventing a lot of projects to move forward and to successfully contribute to the recovery of the continent

The continuation of travel restrictions and suspension of visas and travel between Africa and Europe is heavily restraining the oil & gas industry’s recovery efforts. Because of its international nature, the oil & gas sector relies on global value-chains and successful cooperation and movement of people, goods and services between…