Latest news with #InvestinAfricanEnergies
Zawya
05-05-2025
- Business
- Zawya
Ghana's Energy Future in Focus as Minister Jinapor Joins African Energy Week (AEW) 2025
Ghana's Minister of Energy and Green Transition, John Abdulai Jinapor, will participate as a speaker at the highly anticipated 2025 edition of African Energy Week (AEW): Invest in African Energies, scheduled to take place from September 29 to October 3 in Cape Town. As Ghana continues to unlock billion-dollar opportunities across oil, gas and renewables, Minister Jinapor's participation will spotlight the country's bold reforms and strategic projects that are positioning it as a leading energy investment hub in West Africa. Ghana's energy sector is undergoing rapid transformation. With over 17 oil and gas projects scheduled for development by 2027 and reforms already driving increased output, the country is laying the groundwork for sustained growth. In the upstream sector, Ghana has revised its fiscal terms – mandating 15% free and carried interest in all oil and gas projects and introducing more flexible royalty regimes to attract foreign players. Major projects like the Pecan Phase 1A Upstream Project - developed by Aker Energy, Lukoil, Ghana's state-owned Ghana National Petroleum Corporation (GNPC), and others - and the Atuabo II Gas Processing Plant, led by Ghana Gas, are scheduled to come online in 2025. Additionally, a $700 million Gas Processing Plant 2 (GPP2) project— also led by Ghana Gas—is in the pipeline, aimed at expanding the country's gas processing capacity and strengthening supply for domestic power generation and industrial consumption. Meanwhile, Ghana's Gas Master Plan (GMP) – a long-term growth strategy through 2040 – is incentivizing capital and technology deployment across the gas value chain. With 2.1 trillion cubic feet of proven gas reserves, the GMP is central to Ghana's ambition to become a gas-powered country. To further bolster oil and gas production, the country is turning towards exploration. Ongoing exploration efforts, such the GNPC's drilling program in the Voltaian Basin and Tullow Oil's development plans for the Jubilee and TEN fields, are expected to further bolster production and attract new players. The GNPC will drill an exploration well in the Voltaian Basin in 2025, targeting new exploration plays, while Tullow Oil seeks to bolster output at Jubilee and TEN. The company completed a seismic drilling campaign at Jubilee earlier in 2025 and will start a drilling campaign in May 2025. A plan to revive output at the TEN field is also being formulated. In the downstream and infrastructure sectors, Ghana is spearheading the development of an Integrated Petroleum Hub - the first of its kind in West Africa. The hub will feature three refineries, five petrochemical plants, storage infrastructure, jetties and port facilities, supported by a TCP-UIC-led private sector consortium. Agreements for Phase 1 were signed in 2024, and AEW: Invest in African Energies 2025 is well-positioned to provide a vital platform for discussions on financing and partnerships related to this multi-billion-dollar initiative. Beyond hydrocarbons, Ghana is also leading in renewable energy and nuclear development, emerging as a top destination for utility-scale solar and wind projects and preparing to construct its first nuclear power facility. These projects align with the Ministry of Energy and Green Transition's broader commitment to a diversified energy mix and long-term sustainability. 'Ghana's leadership in reforming its energy sector and building a competitive investment environment sets a powerful example for the continent. By targeting investment across the entire energy value chain – from oil and gas exploration to downstream infrastructure to regional connectivity and community development – the country seeks to alleviate energy poverty and position itself as a regional hub,' states NJ Ayuk, Executive Chairman of the African Energy Chamber. AEW: Invest in African Energies is the platform of choice for project operators, financiers, technology providers and government, and as 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
02-05-2025
- Business
- Zawya
Celebrating Excellence in Africa's Energy Industry: Nominations Open for the 2025 African Energy Awards at African Energy Week (AEW)
African Energy Week (AEW): Invest in African Energies is pleased to announce the opening of nominations for the prestigious African Energy Awards. Set to take place during the conference on Tuesday, September 30, 2025, from 18:00 to 22:00, this event will honor individuals and organizations driving innovation and leadership within Africa's energy landscape. As the premier recognition platform within the international energy industry, the African Energy Awards celebrate significant accomplishments in exploration, production, sustainability, innovation and leadership. In 2024, the ceremony honored notable figures such as Meg O'Neill, CEO and Managing Director of Woodside Energy, who was named Energy Person of the Year. Other recipients included the Ministry of Mineral Resources, Oil and Gas of Angola, which earned the Reformer and Change Maker of the Year award, bp, which was recognized as ESG Leader of the Year, and Africa Global Logistics, which won Service Provider of the Year. The 2025 edition of the African Energy Awards will highlight excellence across eight categories, reflecting the full spectrum of Africa's energy value chain. Categories include the Mohamed S. Barkindo Lifetime Achievement Award; Energy Person of the Year; Exploration and Production Leader of the Year; Gas Monetization Award; Deal of the Year Award; Local Content Champion; Reformer of the Year; and Service Provider of the Year. These awards celebrate leadership, technological innovation, ESG integration and strategic investment, recognizing individuals, organizations and projects that are driving Africa's energy sector forward. By amplifying the voices of those effecting impactful change, the African Energy Awards contribute to the continent's energy transition and legacy. Participating in the African Energy Awards presents a unique opportunity for global recognition, visibility and networking. Awardees are celebrated as leaders within Africa's energy industry, gaining access to high-level connections with executives, investors and policymakers. Through AEW: Invest in African Energies 2025, nominees and winners are afforded a platform to showcase their contributions to Africa's energy future while also inspiring the next generation of energy leaders. "More than just a ceremony, the African Energy Awards are a powerful platform to recognize and elevate the individuals and organizations that are boldly shaping the future of Africa's energy industry. By celebrating excellence, innovation and leadership, we not only honor today's achievements, but also inspire the next generation of energy leaders committed to driving sustainable growth and energy security across the continent," says NJ Ayuk, Executive Chairman of the African Energy Chamber. Energy professionals and organizations from both the public and private sectors, including self-nominations, are eligible to participate in the African Energy Awards. To nominate, individuals must select the relevant category, complete the nomination form and upload any supporting materials. All entries must be submitted by the deadline of June 30, 2025. As AEW: Invest in African Energies 2025 brings global stakeholders to Cape Town, the African Energy Awards will remain a central feature of the event, celebrating the resilience, innovation and excellence shaping Africa's energy future. Nominations can be submitted via honoring those individuals and organizations driving Africa's energy narrative forward. Distributed by APO Group on behalf of African Energy Chamber. About AEW: Invest in African Energies: 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
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
04-04-2025
- Business
- Zawya
Ghana's Petroleum Commission to Outline Investment Opportunities at Accra Investor Briefing
Striving to increase production and reverse natural declines in mature oilfields, Ghana is promoting new investment across its upstream oil and gas sector. The country – through national upstream regulator the Petroleum Commission of Ghana – is embarking on a series of industry reforms that aim to strengthen the operating environment for oil and gas companies. These efforts are expected to translate into heightened exploration, as companies pursue play-opening discoveries in Ghana's on- and offshore market. The Petroleum Commission of Ghana will outline the country's exploration opportunities during the Invest in African Energies: Accra Investor Briefing – taking place April 14, 2025, at the Kempinsky Hotel. Victoria Emeafa Hardcastle, CEO of the Petroleum Commission, is speaking at the event, sharing insight into regulatory reforms, untapped exploration prospects and strategies being implemented to bolster production. A prelude to the African Energy Week: Invest in African Energies conference - scheduled for September 29 to October 3 in Cape Town – the event will lay the foundation for future deals, supporting Ghana's broader industry objectives. With 17 oil and gas projects scheduled for development by 2027, Ghana is making strides towards unlocking its 1.1 billion barrels of crude reserves and 2.1 trillion cubic feet of gas. The Petroleum Commission regulates and manages the utilization of petroleum resources in Ghana, coordinating policies across the country's upstream sector. Both existing and new policies are expected to support industry growth, particularly in emerging sectors such as natural gas. Notable policies include the Gas Master Plan, a framework for investing in the country's gas value chain. The plan outlines a development strategy through 2040, incentivizing capital and technology deployment by offering clear terms and objectives. The plan has already incentivized major projects. The Tema FLNG project, for example, is under development in Accra. The facility comprises the requisite infrastructure to import, store, re-gasify and deliver LNG to off-takers in the Greater Accra Area. Operated by Helios Investment Partners, the $350 million plant has a capacity of 1.7 million tons of gas per year. Additionally, the Atuabo II Gas Processing plant – an expansion of the operating Atuabo facility – is on track for production in 2025. The second phase has a capacity of 150 million standard cubic feet per day (mmscf/d), with opportunities to increase output two-fold, reaching 300 mmscf/d in future phases. The plant will be capable of producing propane, butane and pentane condensates and is being built at a cost of $700 million. In the oil sector, the Petroleum Commission continues to attract investments in exploration, promoting undeveloped blocks in both on- and offshore basins. Following the success of the country's biggest oilfields – Jubilee and TEN – the country is inviting partners to unlock the potential of adjacent blocks. Engagement with global partners and regional firms have already begun to yield positive results. Tullow Oil brought three new wells onstream at the Jubilee South East project in Q1, 2024, and will drill one producer and one injector well at the Jubilee field in 2025. The company is also advancing a 4D seismic survey at both Jubilee and TEN. Additionally, the Ghana National Petroleum Corporation will drill an exploration well in the Voltaian Basin in 2025. 'Ghana's approach to developing its oil and gas industry must be commended. The country is not only instituting reforms in tax and policy, but working closely with international operators to strengthen the attractiveness and competitiveness of their investments. Policies such as the Gas Master Plan stand to transform the country from an oil-reliant market into a diverse and integrated economy,' stated NJ Ayuk, Executive Chairman, African Energy Chamber. Distributed by APO Group on behalf of African Energy Chamber.
Zawya
03-04-2025
- Business
- Zawya
African Mining Week Unveils 2025 Program, Connecting Investors to African Projects
The African Mining Week (AMW) conference and exhibition has officially launched its 2025 program, unveiling key topics and lucrative opportunities across Africa's mining value chain. The three-day program will foster collaboration on investment, value addition, local content development and industrialization. Bringing together African regulators, key mining stakeholders and global partners, AMW serves as a critical platform for shaping the future of African mining. Download the program here: Scheduled for October 1–3 in Cape Town, AMW takes place under the theme, From Extraction to Beneficiation: Unlocking Africa's Mineral Wealth. The event is co-located with the African Energy Week: Invest in African Energies conference, providing attendees a strategic opportunity to gain insight into opportunities across both the energy and mining sectors in Africa. The AMW program features the Ministerial Forum, where African and global mining ministers will connect to showcase investment opportunities, discuss regulatory frameworks and highlight efforts to drive local beneficiation and value addition. Through policy revitalization and strategic partnerships, African markets are increasingly positioning themselves as attractive destinations for global investors. A series of Country Spotlights will offer a deep dive into Africa's diverse mineral wealth, featuring insights into Botswana and Angola's diamond resources, Zambia's copper reserves and the Democratic Republic of Congo's cobalt market. Spotlights will also examine the latest developments within South Africa's platinum group metals, Zimbabwe's lithium, Mali's uranium and Malawi and Tanzania's rare earths industries. AMW's Critical Minerals Track will explore emerging trends and opportunities within a sector that is crucial to the global energy transition. With Africa holding 30% of the world's critical minerals, the continent is attracting substantial interest from international players eager to unlock its vast potential. AMW will spotlight Africa's growing role in mineral diplomacy, as countries strengthen investment ties and infrastructure collaboration with global partners, including China, the U.S., Canada, the UAE, Australia and the European Union. Meanwhile, AMW Roundtables will facilitate deal signings and enhanced cooperation among African stakeholders and international investors. Innovation will take center stage at the Technology Forum, set to explore the transformative role of digital technologies, AI and machine learning in modernizing mineral exploration and production. African markets are increasingly leveraging advanced tools to accelerate exploration, with companies such as Botswana Diamonds utilizing AI-driven solutions to diversify beyond traditional diamond mining. Meanwhile, KoBold Metals is using AI to unlock new copper discoveries in Zambia, supporting the country's ambition to ramp up production to 3.1 million tons annually by 2031. The Investment Track will bring together global investors, including public financiers and international development finance institutions to explore funding opportunities across the mining value chain. Discussions will focus on optimizing financial mechanisms, such as loans, private placements and equity funding, to maximize capital flows to Africa's mining sector. Additionally, the Junior Miners Forum will provide a platform for small-scale mining firms to pitch their projects to investors, potential partners and industry experts, enhancing their contributions to the sector's growth. Join AMW 2025 today and be part of the discussion on Africa's mining future. African Mining Week serves as a premier platform for exploring the full spectrum of mining opportunities across Africa. The event is held alongside the African Energy Week: Invest in African Energies 2025 conference from October 1-3 in Cape Town. Sponsors, exhibitors and delegates can learn more by contacting sales@ To download the working program, please visit Distributed by APO Group on behalf of Energy Capital&Power.
