Latest news with #AEW:InvestinAfricanEnergies
Zawya
16-04-2025
- Business
- Zawya
African Farmout Forum Returns to African Energy Week (AEW) in 2025, Showcasing Emerging Block Opportunities
The African Farmout Forum will return to African Energy Week (AEW): Invest in African Energies in 2025, offering a collaborative platform for international oil companies, national oil companies and upstream regulators to present their projects and block opportunities to a global audience. Led by global energy advisor Moyes&Co independent A&D advisor Envoi Limited; and oil and gas asset platform FarmoutAngel, the forum serves as the premier platform to secure partnerships and deals across Africa's upstream sector. Over the years, the African Farmout Forum has played a vital role in facilitating farm-in agreements in both emerging and mature hydrocarbon markets. During the 2024 edition, promoted blocks spanned across Somalia, Morocco, Ghana, Nigeria, Sierra Leone, Equatorial Guinea, Namibia, Cameroon, São Tomé and Príncipe, Angola, the Democratic Republic of the Congo and Senegal, with two additional onshore blocks presented in Timor-Leste. An even wider range of opportunities is anticipated in 2025 as operators seek capital and technical expertise to advance new projects. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. Africa's upstream oil and gas sector is entering a new growth phase. According to the African Energy Chamber's (AEC) State of African Energy 2025 Outlook, upstream capital expenditure is projected to reach $43 billion in 2025, climbing to $54 billion by 2030. West and North Africa are set to lead this surge, accounting for half of the total spend. While offshore developments have led investment since 2023, the outlook suggests a balancing trend, with onshore and offshore spending expected to converge as interest grows in underexplored onshore acreage. Notable hotspots include North Africa, where Egypt and Algeria are witnessing heavy-capital flows; West Africa, with a surge in spending in Ivory Coast; and Southern Africa, led by markets such as Namibia – targeting first oil by 2029 – and Angola. An uptick in spending has also been registered in Zimbabwe (onshore) and South Africa (offshore). Amid this growth, Africa's M&A activity is gaining momentum. The first half of 2024 saw M&A deals surpass 2023 totals, with $12.7 billion in deals by July. With approximately $16 billion worth of assets holding over three billion barrels of oil equivalent resources currently on the market, African upstream M&A activity is expected to remain robust through 2025. The 2024/2025 period will also see more than 11 licensing rounds launched across the continent as governments aim to sustain or expand production. In North Africa, Libya launched a 22-block bid round in April 2025 as part of a strategy to boost oil output to two million barrels per day. Egypt recently closed submissions for its 12-block licensing round covering the Mediterranean and Nile Delta regions, while Algeria has extended the deadline for its latest round – offering six onshore blocks – to June 2025. In West Africa, Mauritania is expected to auction 15 offshore blocks in 2025 while Liberia has 29 offshore blocks on offer as part of a direct negotiation round. In southern Africa, Angola is preparing to launch its 2025 licensing round, while Namibia has introduced a new open-door licensing system to encourage exploration. Tanzania is promoting 24 oil and gas blocks, while South Africa is on track to open new offshore and onshore acreage in 2025. These rounds signal a wealth of new farm-in and partnership prospects, with the African Farmout Forum positioned to highlight the continent's most promising hydrocarbon basins. Featuring 7-minute deal pitches, a wall of farmouts and curated networking opportunities, the forum will catalyze upstream investment and deal-making in Africa. 'The African Farmout Forum has become a strategic platform for companies to engage, foster partnerships and sign deals. By offering insight into strategic blocks, emerging basins and upcoming farm-in opportunities, the forum promotes collaboration at Africa's largest energy event,' states Tomás C. Gerbasio, VP Commercial and Strategic Engagement at the AEC. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
19-03-2025
- Business
- Zawya
African Energy Week (AEW) 2025 Program Launches, Highlighting African Energy Security and Global Investment Opportunities
The African Energy Week (AEW): Invest in African Energies conference has officially launched its 2025 program, covering strategic topics from upstream oil and gas to downstream infrastructure and distribution to the energy transition, power industry, energy finance and more. The program offers insight into what this year's edition will offer, as industry leaders, global investors, major operators and think-tanks convene in Cape Town to discuss Positioning Africa as the Next Global Energy Champion. As the largest event of its kind in Africa, AEW: Invest in African Energies serves as a vital platform to sign deals and drive energy projects forward. This year's event offers an expanded program, featuring a variety of stages covering the entire energy value chain. Additional features include pre-conference workshops, a deal room, the return of the African Farmout Forum, technical hubs, fireside chats and more. The Just Energy Transition concert returns to kick off the week while the African Energy Awards&Gala Dinner celebrates movers and shakers in African energy. One of the highlights of this year's conference is the G20 Energy Leaders Roundtable, which comes as South Africa hosts the 20th meeting of the G20 group this year. A series of country spotlights will also take place during the course of the week, covering markets such as South Africa, Senegal, Equatorial Guinea, Namibia and the Republic of Congo, as well as an OPEC roundtable featuring major OPEC-producers. A BRICS roundtable will examine the impact the group has on Africa's energy future while a COP 30 roundtable will discuss Africa's position ahead of the conference this year. Africa's energy sector is more attractive than ever, as regulatory reforms, ambitious policies and long-term development strategies continue to entice spending. Total capital expenditure for the oil and gas industry alone is estimated to reach $43 billion in 2025, with spending set to reach $54 billion by 2030. AEW: Invest in African Energies 2025 features an energy finance stage, with discussions covering the African Energy Bank; investment trends in Africa and reducing barriers to entry. The stage will unpack Mergers&Acquisitions financing cross-border projects; energy access and equity, among other topics. As one of the final frontiers for oil and gas exploration, Africa is seeing a plethora of projects advance. West Africa is projected to lead oil and gas spending in 2025, accounting for over 50% of the continent's total expenditure. While established producers such as Nigeria remain dominant, emerging producers such as Senegal and Mauritania are attracting high levels of investment. In Southern Africa, Namibia targets first oil by 2029 while South Africa seeks to unlock discoveries in both its offshore basins and onshore shale prospects. Zimbabwe targets onshore gas production while Mozambique advances its pipeline of large-scale LNG projects. AEW: Invest in African Energies Upstream E&P Forum will examine the continent's exploration hotspots. Panels include onshore and shallow water potential; the resurgence of Libya; onshore basins to watch; the outlook for LNG; and deepwater plays. Amid the continent's oil and gas drive, Africa also seeks to advance a just energy transition, Countries such as Mauritania, Namibia and South Africa are spearheading large-scale green hydrogen developments while solar and wind developments offer increased accessibility for remote communities. Gas-to-power is a central feature of the continents just energy transition, with Algeria, Nigeria and Egypt leading the charge. The AEW: Invest in African Energies Energy Transition stage will unpack strategies for decarbonizing while boosting industrialization. Topics include addressing energy security and climate commitments; clean cooking opportunities; local content; integrated ESG, and more. As Africa seeks to make energy poverty history by 2030, a fundamental industry is the power sector. Efforts are underway across the continent to revitalize power infrastructure, with both grid-connected and off-grid projects advancing. International partners have a role to play in supporting power projects and the AEW: Invest in African Energies Powering Africa stage will address this. Topics include energy leaders dialogue; energy efficiency; bridging the electricity gap; energy diversification; and integrating renewables into the energy mix. 'Africa is on the cusp of an energy revolution, and AEW: Invest in African Energies is where the deals that will define our continent's future are made. We remain committed to making energy poverty history by 2030, and through this event, we are accelerating the partnerships and policies that will make that vision a reality,' states NJ Ayuk, Executive Chairman of the African Energy Chamber. Visit to download your copy today. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
17-03-2025
- Business
- Zawya
The U.S.-Africa Energy Forum (USAEF) Partners with African Energy Chamber, African Energy Week 2025
The U.S.-Africa Energy Forum (USAEF) is proud to announce its strategic partnership with the African Energy Chamber (AEC) and African Energy Week (AEW): Invest in African Energies. This collaboration strengthens USAEF's mission to connect U.S. investors with Africa's most promising energy opportunities, facilitating high-value engagements between American stakeholders and African energy leaders. Taking place in Houston, Texas, on August 6-7, 2025, USAEF serves as the leading platform for fostering U.S.-Africa energy investment, offering direct access to key markets and project opportunities across the continent. Its partnership with the AEC and AEW ensures that U.S. investors not only gain critical market insights, but also establish meaningful connections that will be further developed at the AEW: Invest in African Energies conference in Cape Town on September 29-October 3, 2025. USAEF provides American investors with a direct gateway into Africa's energy sector, featuring high-profile discussions on licensing rounds, LNG developments, deepwater exploration and large-scale renewable projects. With Africa's energy sector witnessing record-breaking capital expenditure – projected at $43 billion in 2025 – this collaboration ensures that U.S. companies can tap into the continent's expanding oil, gas and renewables industries. 'Africa's energy sector is primed for investment and we're excited to partner with the U.S.-Africa Energy Forum to connect American investors with the continent's most promising energy opportunities. This partnership will help drive capital flows into Africa's energy sector, supporting not only economic growth but also energy access and sustainable development," notes NJ Ayuk, Executive Chairman, African Energy Chamber As global energy strategies evolve, recent shifts in U.S. policy reflect a more balanced approach to fossil fuel investments, recognizing the critical role of natural gas and oil in securing global energy stability. USAEF provides a timely opportunity for U.S. investors to navigate this evolving landscape while aligning with Africa's energy priorities. Through curated investor roundtables, private equity sessions and ministerial discussions, USAEF will position U.S. companies at the forefront of Africa's energy growth. With AEW serving as Africa's premier energy investment platform, USAEF acts as a strategic prelude, ensuring U.S. stakeholders are equipped with the insights, relationships and opportunities needed to maximize their impact on the continent. 'Africa presents an unparalleled opportunity for American investors seeking access to high-growth energy markets. By partnering with the AEC and AEW, USAEF strengthens its role as the premier U.S. platform for connecting capital with Africa's energy potential. This partnership creates a seamless bridge from Houston to Cape Town, enabling U.S. stakeholders to engage in substantive dealmaking at AEW,' says James Chester, CEO of Energy Capital&Power. For tickets, sponsorship opportunities and more information, please contact sales@ Join us in Houston this August to connect with the leaders shaping Africa's energy landscape and experience the momentum that drives ECP's events worldwide. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
13-03-2025
- Business
- Zawya
Tima Networks to Create $100M Fund with African Energy Chamber (AEC)
The African Energy Chamber (AEC) ( – the voice of the African energy sector – signed two Memoranda of Understanding at the Invest in African Energies Forum in Shanghai on Thursday. The deals support China-Africa energy ties by facilitating partnerships and technology exchange between Chinese and African companies. The first deal, signed with B2B technology company Tima Networks, will see the company bring its automated fleet management technology to Africa. Tima Networks is a software company that utilizes Artificial Intelligence to enhance EV efficiency and management, promoting technology-driven transportation. The partnership will work to implement this innovative fleet management technology across Africa, supporting the utilization and adoption of EVs across the continent. The second deal, signed with Yunan County Chuangxing Industrial Investment Group, was a Strategic Cooperation Framework Agreement aimed at facilitating interactions between the Chinese and African energy and chemical industries. Under the terms of the deal, the parties will work together to encourage African firms and projects establish themselves in the Yunfu Yunan Industrial Park. The parties will also establish a platform for technological exchange and resource-sharing between Chinese and African enterprises to support sustainable development. The Invest in African Energies Forum in Shanghai served as a prelude to the African Energy Week (AEW): Invest in African Energies conference, slated for September 29 to October 3 in Cape Town. As the largest event of its kind in Africa, AEW: Invest in African Energies fosters collaboration and investment in Africa. For Chinese companies, the event offers a strategic opportunity to gain insight into African projects while strengthening ties with African firms. Distributed by APO Group on behalf of African Energy Chamber. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event.
Zawya
13-02-2025
- Business
- Zawya
African Energy Week (AEW) 2025 to Explore Africa's Gas Expansion as Azule Energy Advances the Quiluma & Maboqueiro (Q&M) Project
International energy company Azule Energy has completed the offshore platforms for Angola's first non-associated gas project. The Quiluma platform has been loaded out and sailed away from the Ambriz Petromar Yard, joining the Maboqueiro platform which sailed away in December 2024. The move represents a milestone for the project as it targets first gas production in late-2025 or early-2026. The development aligns with Angola's two-fold approach to oil and gas development, whereby the country strives to boost oil production through exploration while increasing gas processing capacity and exports. This approach was outlined during African Energy Week (AEW): Invest in African Energies 2024, with an Angolan country spotlight sharing insight into major projects such as the Quiluma&Maboqueiro (Q&M) development. At the 2025 edition of AEW: Invest in African Energies, further updates on Angola's hydrocarbon strategy will be showcased, as the event drives discussions around Africa's emerging gas economy. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy. Visit for more information about this exciting event. Developed by the New Gas Consortium (NGC) – comprising Azule Energy as the operator, Cabinda Gulf Oil Company, Sonangol P&P and TotalEnergies – the Q&M development will harness gas resources from the Quiluma and Maboqueiro shallow water fields. An onshore facility will process gas from the fields, connecting to the country's sole LNG facility in Soyo: Angola LNG. All the requisite commercial deals for the project were signed in December 2024, aimed at expediting gas production. The project is expected to contribute to Angola's broader goal of increasing the share of natural gas in the energy matrix to 25%, serving as a benchmark for other emerging gas producers in Africa. While Angola has been producing and exporting LNG for several years, most of the gas has been derived from associated gas projects, thereby monetizing previously-flared resources at offshore oil projects. However, to further boost LNG capacity, the country is looking at non-associated gas opportunities, with the Q&M project leading the way in this endeavor. The project highlights both the commercial potential available in developing non-associated gas as well as the level of opportunity in this regard. Angola, for its part, has over 11 trillion cubic feet of proven gas resources and is inviting greater investment in exploration to unlock these resources. At the forefront of exploration efforts is the country's multi-year licensing strategy. Launched in 2019, the round aims to award up to 55 blocks for exploration by the end of 2025, with 32 concessions awarded to date. The final bid round in this strategy – a nine-block tender offering acreage in the Kwanza and Benguela offshore basins – will be launched in Q1, 2025. The country's upstream regulator – the National Oil, Gas&Biofuels Agency – continues to award blocks from the 2023 bid round, with three companies qualifying as operators for nine blocks onshore. Beyond the licensing round, Angola has 11 blocks available for exploration on direct negotiation and five marginal fields. This diverse investment model allows companies to invest out of the confines of a traditional licensing structure, thereby incentivizing greater participation by both foreign and local firms. Just this year, oil and gas company Red Sky Energy secured a 35% interest in Block 6/24 while Oando secured operatorship of KON 13, onshore. These efforts to boost investment in exploration are expected to support the country's gas production goals. By developing new fields, the country seeks to unlock additional reserves, with existing infrastructure and growing regional demand driving investment even further. This model can be replicated continent-wide, as regional neighbors turn recent discoveries into integrated oil and gas developments. 'We need to move beyond the thinking that natural gas is merely a transition fuel for Africa. Natural gas is the fuel of the future. With significant proven reserves, countries such as Angola stand to transform both their domestic and regional economies, accelerating industrialization and electrification through low-carbon gas projects. The milestone achieved by Azule Energy and its project partners should be commended. As the country's first non-associated gas project, the development signals the start of a new era of gas-driven growth in Angola,' states Tomás Gerbasio, VP Commercial and Strategic Engagement. Distributed by APO Group on behalf of African Energy Chamber.
