Latest news with #ReneAwambeng
Zawya
3 days ago
- Business
- Zawya
Premier Invest to highlight strategic financing for Africa's energy future at African Energy Week 2025
Rene Awambeng, Founder and Managing Partner of Premier Invest, will share critical insights on mobilizing over $10 billion in African energy projects and advancing strategic finance solutions at African Energy Week 2025: Invest in African Energies CAPE TOWN, South Africa -- Rene Awambeng, Founder and Managing Partner of Premier Invest, will be a featured speaker at this year's African Energy Week: Invest in African Energies conference, taking place on September 29-October 3 in Cape Town. With a reputation as one of Africa's leading energy financiers, Awambeng brings decades of experience in mobilizing capital and structuring deals across oil, gas and renewables. Premier Invest is currently facilitating over $10 billion in active energy transactions across the continent, positioning the firm as a critical catalyst for Africa's energy development. From hydrocarbons to green energy, the firm is working closely with governments, developers and financiers to accelerate bankable projects that can unlock economic growth and energy access across the continent. These transactions span a wide range of geographies and technologies, from a €2–5 billion refinery expansion project to a $362 million geothermal power development in Kenya. These are just a few examples of how Premier Invest is shaping Africa's energy landscape through innovative deal structuring, risk mitigation and global investor engagement. As part of its expansion strategy, Premier Invest is also establishing a new financial institution in the UAE. This move signals a strategic shift toward deeper capital market integration between the Gulf and African energy markets. By creating a dedicated Africa-focused bank, Premier Invest aims to streamline energy investment processes and provide bespoke financial products tailored to the continent's infrastructure and energy needs. Awambeng's deep background – including his previous role as Global Head of Client Relations at Afreximbank – has positioned him as a leading voice in African finance. At AEW 2025: Invest in African Energies, he will offer valuable insights into how capital can be effectively deployed across the energy value chain, the types of projects international investors are prioritizing, and how Africa can position itself competitively in the global energy transition. 'Premier Invest plays a pivotal role in mobilizing capital and facilitating strategic investments critical to advancing Africa's energy sector. Their expertise in structuring complex transactions and fostering international partnerships significantly accelerates the continent's energy development and transition. Their participation at AEW 2025 will provide invaluable insights into the financing mechanisms driving Africa's energy future,' states NJ Ayuk, Executive Chairman of the African Energy Chamber. With global finance playing a defining role in the future of African energy, Premier Invest's work represents a crucial bridge between opportunity and implementation. AEW 2025 will offer a unique platform for stakeholders to connect with Awambeng and other key financiers shaping Africa's energy future. 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. SOURCE African Energy Chamber
Zawya
3 days ago
- Business
- Zawya
Premier Invest to Highlight Strategic Financing for Africa's Energy Future at African Energy Week (AEW) 2025
Rene Awambeng, Founder and Managing Partner of Premier Invest, will be a featured speaker at this year's African Energy Week: Invest in African Energies conference, taking place on September 29-October 3 in Cape Town. With a reputation as one of Africa's leading energy financiers, Awambeng brings decades of experience in mobilizing capital and structuring deals across oil, gas and renewables. Premier Invest is currently facilitating over $10 billion in active energy transactions across the continent, positioning the firm as a critical catalyst for Africa's energy development. From hydrocarbons to green energy, the firm is working closely with governments, developers and financiers to accelerate bankable projects that can unlock economic growth and energy access across the continent. These transactions span a wide range of geographies and technologies, from a €2–5 billion refinery expansion project to a $362 million geothermal power development in Kenya. These are just a few examples of how Premier Invest is shaping Africa's energy landscape through innovative deal structuring, risk mitigation and global investor engagement. As part of its expansion strategy, Premier Invest is also establishing a new financial institution in the UAE. This move signals a strategic shift toward deeper capital market integration between the Gulf and African energy markets. By creating a dedicated Africa-focused bank, Premier Invest aims to streamline energy investment processes and provide bespoke financial products tailored to the continent's infrastructure and energy needs. Awambeng's deep background – including his previous role as Global Head of Client Relations at Afreximbank – has positioned him as a leading voice in African finance. At AEW 2025: Invest in African Energies, he will offer valuable insights into how capital can be effectively deployed across the energy value chain, the types of projects international investors are prioritizing, and how Africa can position itself competitively in the global energy transition. 'Premier Invest plays a pivotal role in mobilizing capital and facilitating strategic investments critical to advancing Africa's energy sector. Their expertise in structuring complex transactions and fostering international partnerships significantly accelerates the continent's energy development and transition. Their participation at AEW 2025 will provide invaluable insights into the financing mechanisms driving Africa's energy future,' states NJ Ayuk, Executive Chairman of the African Energy Chamber. With global finance playing a defining role in the future of African energy, Premier Invest's work represents a crucial bridge between opportunity and implementation. AEW 2025 will offer a unique platform for stakeholders to connect with Awambeng and other key financiers shaping Africa's energy future. 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
28-03-2025
- Business
- Zawya
CORRECTION: Billions in Investment Opportunities Presented by Premier Invest at Congo Energy & Investment Forum (CEIF) 2025
Financial services provider Premier Invest has announced a series of investment opportunities in the African energy and oil and gas sectors. covering a range of four energy projects across Benin, Zambia and South Africa and five oil and gas projects across Nigeria and Ghana, as well as Guyana. The announcement was made on March 26 by Rene Awambeng, Founder and Managing Partner of Premier Invest during a dedicated deal-room session – Showcasing Upstream Oil and Gas Transactions in Africa – at the inaugural Congo Energy&Investment Forum (CEIF) in Brazzaville. 'The deal-room sessions on the sidelines of the Congo Energy&Investment Forum are an opportunity to provide a platform for sponsors, developers and project promoters to showcase significant upstream, midstream, downstream and power transactions in Africa to potential investors,' stated Awambeng. The first opportunity, a 43 MW clean gas project in Benin, is seeking $84 billion in project finance. Currently in the commercial close stage of development, the project will help reduce the cost of energy in the country while bolstering economic growth, job creation and improving Benin's energy security. Meanwhile, Zambia features a $92 million investment opportunity in a 71 MW hybrid solar PV and wind project. The project will feature a power purchase agreement over a period of 25 years and is estimated to feature an annual production of 232 GWh per year. In South Africa, a 100 MW solar PV project has an $87 million investment opportunity. The project will feature an offtake agreement with the National Energy Regulator of South Africa and a power purchase agreement of 20 years. The project will boast an annual production rate of 195 GWh per year. Concluding the energy investment opportunities South Africa is also seeking $100 million in investment to finance a 100 MW clean-gas project to complement intermittent renewable energy sources, such as solar and wind, while offering a cleaner solution to the country's reliance on coal. The project features a proposed capital structure of 70:30 and is in the active implementation stage. Phase 1 of the project will feature a commitment of $140 million to develop inland facilities, pipelines and site works while the second phase will feature an investment of $60 million focusing on engineering, procurement and construction contracts for tanks, instrumentation and commissioning. Meanwhile, a state-of-the-art gas-to-liquids plant – the details of which are subject to a non-disclosure agreement – is seeking interested parties to participate in an upcoming formal investment process. The project will have a validated production capacity of 1,850 barrels of oil per day and will feature an earnings before interest, taxes, depreciation and amortization measure of approximately $50 million. Ghana is seeking $759 million in financing to develop four offshore production wells. Financing will be used to develop tie-back infrastructure to existing FPSO infrastructure, targeting 57.8 million standard barrels of oil. The project aims to produce 5 million barrels of oil per year, with potential investors set to receive 84% of the total project net present value. An indigenous oil development company in Nigeria is seeking an experienced management team to invest $18 million to drill additional wells and increase production at a field with a projected production rate of 2,300 barrels per day. The field area covers 46km 2 and is covered by 3D seismic surveys. Finally, Awambeng also announced a $25 million investment opportunity in Guyana. The project will be adjacent to one of the most productive offshore oil fields in the region and boasts recoverable reserves of approximately 400 million barrels. Investment will be used to support conventional offshore drilling and FPSO tie-up. The companies involved in the investment opportunities will be disclosed upon inquiry, with financing options subject to non-disclosure agreements. The inaugural Congo Energy&Investment Forum, taking place March 24-26, 2025, in Brazzaville, under the highest patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo, brings together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
27-03-2025
- Business
- Zawya
Billions in Investment Opportunities Presented by Premier Invest at Congo Energy & Investment Forum (CEIF) 2025
Financial services provider Premier Invest has announced a series of investment opportunities in the African energy and oil and gas sectors. covering a range of four energy projects across Benin, Zambia and South Africa and five oil and gas projects across Nigeria and Ghana, as well as Guyana. The announcement was made on March 26 by Rene Awambeng, Founder and Managing Partner of Premier Invest during a dedicated deal-room session – Showcasing Upstream Oil and Gas Transactions in Africa – at the inaugural Congo Energy&Investment Forum (CEIF) in Brazzaville. 'The deal-room sessions on the sidelines of the Congo Energy&Investment Forum are an opportunity to provide a platform for sponsors, developers and project promoters to showcase significant upstream, midstream, downstream and power transactions in Africa to potential investors,' stated Awambeng. The first opportunity, a 43 MW clean gas project in Benin, is seeking $84 billion in project finance. Currently in the commercial close stage of development, the project will help reduce the cost of energy in the country while bolstering economic growth, job creation and improving Benin's energy security. Meanwhile, Zambia features a $92 million investment opportunity in a 71 MW hybrid solar PV and wind project. The project will feature a power purchase agreement over a period of 25 years and is estimated to feature an annual production of 232 GWh per year. In South Africa, a 100 MW solar PV project has an $87 million investment opportunity. The project will feature an offtake agreement with the National Energy Regulator of South Africa and a power purchase agreement of 20 years. The project will boast an annual production rate of 195 GWh per year. Concluding the energy investment opportunities South Africa is also seeking $100 million in investment to finance a 100 MW clean-gas project to complement intermittent renewable energy sources, such as solar and wind, while offering a cleaner solution to the country's reliance on coal. The project features a proposed capital structure of 70:30 and is in the active implementation stage. In the oil and gas sector, gas producing company NESGAS is seeking $200 million in financing for the development of an LPG bulk storage facility in the Oil&Gas Free Zone in Nigeria. Phase 1 of the project will feature a commitment of $140 million to develop inland facilities, pipelines and site works while the second phase will feature an investment of $60 million focusing on engineering, procurement and construction contracts for tanks, instrumentation and commissioning. Meanwhile, a state-of-the-art gas-to-liquids plant – the details of which are subject to a non-disclosure agreement – is seeking interested parties to participate in an upcoming formal investment process. The project will have a validated production capacity of 1,850 barrels of oil per day and will feature an earnings before interest, taxes, depreciation and amortization measure of approximately $50 million. Ghana is seeking $759 million in financing to develop four offshore production wells. Financing will be used to develop tie-back infrastructure to existing FPSO infrastructure, targeting 57.8 million standard barrels of oil. The project aims to produce 5 million barrels of oil per year, with potential investors set to receive 84% of the total project net present value. An indigenous oil development company in Nigeria is seeking an experienced management team to invest $18 million to drill additional wells and increase production at a field with a projected production rate of 2,300 barrels per day. The field area covers 46km 2 and is covered by 3D seismic surveys. Finally, Awambeng also announced a $25 million investment opportunity in Guyana. The project will be adjacent to one of the most productive offshore oil fields in the region and boasts recoverable reserves of approximately 400 million barrels. Investment will be used to support conventional offshore drilling and FPSO tie-up. The companies involved in the investment opportunities will be disclosed upon inquiry, with financing options subject to non-disclosure agreements. The inaugural Congo Energy&Investment Forum, taking place March 24-26, 2025, in Brazzaville, under the highest patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo, brings together international investors and local stakeholders to explore national and regional energy and infrastructure opportunities. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
10-03-2025
- Business
- Zawya
Congo Energy & Investment Forum to Feature Deal Room, Hosted by Premier Invest
Premier Invest – a global investment conglomerate – will host a deal room at the inaugural Congo Energy&Investment Forum (CEIF), taking place from 24-26 March in Brazzaville. The Deal Room is a platform for project sponsors, developers and promoters to showcase six significant upstream oil and gas transactions in Africa to potential investors and lenders. Rene Awambeng, Founder and Managing Partner of Premier Invest, will initiate the agenda and each presentation will be followed by a networking session, allowing delegates to engage in one-on-one discussions and explore potential partnerships. With aims to highlight opportunities in the upstream oil and gas sector in Africa, the session will facilitate knowledge sharing and market insights within the continent's energy industry while promoting collaboration and partnerships. Major players in the industry will provide case studies of potential projects in Africa as policymakers and government officials showcase regulatory frameworks that support increased investment. Legal and financial advisors are set to present financing options and strategies for energy projects in Congo and across Africa, offering delegates high-quality insights into market trends, fiscal developments and investment risks. Furthermore, the session stands to showcase a strong slate of successful projects and best practices in upstream oil and gas transactions throughout the continent. ' The Deal Room Session at CEIF 2025 is a pivotal opportunity to connect investors, developers and policymakers, driving meaningful discussions and partnerships within the African energy sector. By showcasing key upstream oil and gas projects, the aim is to foster collaboration, share knowledge and highlight the immense potential for investment across Africa. This session underscores a commitment to accelerating energy infrastructure development and creating lasting, impactful relationships in the industry,' states Sandra Jeque, Events and Project Director at Energy Capital&Power. With an intensified focus on deal-making, CEIF 2025 seeks to connect capital to projects, drive collaboration and catalyze a new era of industry expansion in Africa. Furthermore, the session is set to capitalize on the upcoming launch of Congo's 2025 oil and gas licensing round, the launch of the country's Gas Master Plan and new Gas Code, as well as a strategy to double oil production to 500,000 barrels per day by 2027. The inaugural Congo Energy&Investment Forum, set for March 24-26, 2025, in Brazzaville, under the patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société Nationale des Pétroles du Congo, will bring together international investors and stakeholders to explore national and regional energy and infrastructure opportunities. The event will explore the latest gas-to-power projects and provide updates on ongoing expansions across the country. Distributed by APO Group on behalf of Energy Capital&Power.
