Latest news with #www.Invest-Africa-Energy.com
Zawya
05-05-2025
- Business
- Zawya
Zimbabwe's Finance Minister to Present Energy Investment Outlook at Invest in African Energy (IAE) 2025
Mthuli Ncube, Zimbabwe's Minister of Finance, Economic Planning and Investment Promotion, will address global investors at the Invest in African Energy (IAE) 2025 Forum in Paris next week. As a keynote speaker, Minister Ncube will present Zimbabwe's energy investment outlook, economic reform agenda and efforts to mobilize private capital across the power, hydrocarbons and renewable energy value chains. Zimbabwe is targeting rapid energy sector expansion to meet rising industrial and consumer demand, reduce reliance on electricity imports and support long-term economic transformation. Key investment opportunities span power generation, transmission infrastructure, oil and gas exploration and the deployment of renewable energy – with a particular emphasis on solar and hydroelectric resources. The country is estimated to have a $4.8-billion funding gap for large-scale solar projects and is actively working to expand the pool of available capital. Efforts are also underway to enhance financial inclusion and secure more favorable terms for foreign investors in energy infrastructure. IAE 2025 ( is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit To sponsor or participate as a delegate, please contact sales@ Meanwhile, Zimbabwe is home to the Muzarabani Prospect in the north, currently being explored by Australian-listed Invictus Energy. The company has identified eight high-potential gas and condensate prospects in the eastern portion of its Cabora Bassa Basin project, with the Musuma prospect emerging as a key target for exploration drilling in 2025. Recent survey results revealed significant prospectivity in the eastern basin, estimating approximately 2.9 trillion cubic feet of gas and 184 million barrels of condensate across the eight prospects on a gross mean unrisked basis. Minister Ncube's participation signals Zimbabwe's commitment to fostering an enabling investment environment and positioning energy as a central pillar of national development. The country's strategic location, resource potential and improving macroeconomic stability make it a compelling destination for long-term infrastructure and energy investment. 'Minister Ncube's keynote will offer investors direct insight into the policy direction and financing mechanisms shaping Zimbabwe's energy future. His presence at IAE 2025 underscores the country's strong push to deepen international investment partnerships in support of energy access and industrialization,' says Sandra Jeque, Events&Project Director at Energy Capital&Power. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
23-04-2025
- Business
- Zawya
Democratic Republic of the Congo's (DRC) Hydrocarbons Minister to Speak at Invest in African Energy (IAE) 2025 Amid Renewed Exploration Drive
The Democratic Republic of the Congo's (DRC) Minister of Hydrocarbons, Aimé Sakombi Molendo, is confirmed to speak at Invest in African Energy (IAE) 2025 in Paris next month. His participation underscores the DRC's commitment to revitalizing its hydrocarbons sector through strategic reforms, regional partnerships and renewed investor engagement, following recent exploration breakthroughs and cross-border agreements. With an estimated 5 to 22 billion barrels of oil reserves, the DRC is advancing a pro-investment agenda focused on enhancing transparency, improving operational efficiency and accelerating upstream activity – efforts that are already yielding results. In May 2024, Perenco's subsidiary, Muanda International Oil Company, achieved the DRC's first offshore oil discovery in nearly three decades with the Moke-East well in the Coastal Basin. To fast-track exploration and strengthen national participation, the government also recently approved a decree granting state-owned S ociété Nationale des Hydrocarbures du Congo the rights to Blocks 1 and 2 in the Albertine Basin, one of the country's most promising zones for oil exploration. IAE 2025 ( is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit To sponsor or participate as a delegate, please contact sales@ In a key regional development, the DRC and Angola signed new terms for the co-development of offshore Block 14 during the Angola Oil&Gas 2024 conference. Straddling the maritime border between the two nations, Block 14 boasts a production capacity of 3.29 million barrels per year and is operated by Chevron's local subsidiary, Cabinda Gulf Oil Company, alongside partners Eni, etu energias and Sonangol. The agreement, formalizing nearly two decades of negotiations, is poised to encourage further investment and strengthen cross-border petroleum trade. Minister Molendo's presence at IAE 2025 will offer delegates valuable insights into the DRC's evolving energy landscape – spanning hydrocarbons, energy and mining – and the government's integrated approach to sustainable resource development. As the DRC strengthens linkages across its extractive industries, the Minister is expected to outline emerging opportunities in exploration, infrastructure and local content development. He joins a high-level lineup of African energy leaders, including ministers from Nigeria, the Republic of the Congo, Mauritania, Gabon, Guinea-Bissau and Liberia, underscoring the summit's role as a premier platform for pan-African energy dialogue and investment. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
22-04-2025
- Business
- Zawya
Powering the Future: Energy Leaders to Tackle Africa's Grid Challenges at Invest in African Energy (IAE) 2025
As Africa faces a sharp rise in electricity demand driven by population growth, industrialization and rapid urban expansion, the continent's power sector is at a critical juncture. At Invest in African Energy (IAE) 2025, taking place next month in Paris, a high-level panel on Revolutionizing Power Generation in Africa will bring together industry leaders to examine how a multi-pronged energy strategy can transform the continent's electrification landscape. Moderated by Paul Hickin, Chief Economist&Editor in Chief at Petroleum Economist, the panel will feature Jerome Bertheau, Executive Vice President of Global Projects at BW Energy; Christoffer Ek, Director of Decarbonization Services at Wärtsilä Energy; and Silvia Macri, Director at S&P Global Commodity Insights. The conversation will explore a blended approach to power generation – integrating renewable and conventional energy sources, grid and off-grid solutions, and cutting-edge storage technologies – to chart a realistic pathway toward sustainable energy access in Africa, while addressing the urgent need for scalable, resilient and inclusive energy solutions. IAE 2025 ( is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit To sponsor or participate as a delegate, please contact sales@ Africa's current power generation capacity falls short of its development needs, with more than 600 million people lacking access to electricity. While renewables like solar and wind are gaining traction, the transition to sustainable energy requires a balanced and diversified energy mix, with gas-to-power playing an increasingly important role. In Namibia, BW Energy is advancing its flagship Kudu gas-to-power project, which will supply up to 885 MW of electricity using gas from the offshore Kudu field, helping to strengthen both national energy security and regional grid stability. Meanwhile, with projects including the Sandiara gas-to-power plant in Senegal and the Soyo II combined-cycle plant in Angola, among others, African nations are advancing large-scale integrated gas projects to tap into underutilized reserves and support their electrification agendas. As such, the Revolutionizing Power Generation in Africa session will explore how flexible power solutions can be integrated with renewable energy technologies to enhance grid stability and support the transition to cleaner, more reliable energy systems. As a key developer in the drive towards grid stability, Wärtsilä Energy is powering Africa's mining and industrial sectors with projects including a 17 MW plant in Senegal, a 50 MW captive power plant in Nigeria, O&M contracts in Zambia and Madagascar and maintenance of power plants in Morocco. These efforts highlight the growing importance of hybrid and modular energy systems in meeting Africa's evolving electricity needs, which will be discussed at the upcoming forum. Distributed by APO Group on behalf of Energy Capital&Power.
Zawya
10-04-2025
- Business
- Zawya
Invest in African Energy (IAE) 2025 to Host Panel on Advancing Africa's Liquefied Natural Gas (LNG) Potential
The upcoming Invest in African Energy (IAE) 2025 Forum will feature a high-level panel on Advancing Africa's LNG Potential: Overcoming Infrastructure and Investment Challenges, sponsored by Perenco. As global demand for natural gas rises, Africa's abundant reserves and strategic location position the continent as a key supplier – provided infrastructure, regulatory and financing hurdles can be addressed. Moderated by Jacqueline Chinwe, Global Future Energy Leader, the panel brings together influential voices from the LNG value chain. Confirmed speakers include Julius Rone, Managing Director of UTM Offshore; Mario Bello, Head of Sub-Saharan Africa at Eni; Dominique Gadelle, Vice President, Upstream&LNG at TechnipEnergies; and Denis Chatelan, Head of Business Development at Perenco. These leaders will share strategies to accelerate LNG development, including de-risking investments, leveraging blended finance models and strengthening regulatory frameworks to ensure commercial viability. IAE 2025 ( is an exclusive forum designed to facilitate investment between African energy markets and global investors. Taking place May 13-14, 2025 in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers. For more information, please visit To sponsor or participate as a delegate, please contact sales@ Africa's natural gas resources – particularly in countries like Nigeria, Mozambique, Senegal, Mauritania and the Republic of the Congo – are attracting growing international interest. Natural gas is expected to account for 40% of Africa's oil and gas capital expenditures by the end of the decade, according to the African Energy Chamber's State of African Energy 2025 Outlook Report. In West Africa, major projects such as Phase 2 of the Greater Tortue Ahmeyim development and the Yakaar-Teranga Gas Project in Senegal are set to significantly boost LNG production and regional gas-to-power capacity, while Eni's Congo LNG project in the Republic of the Congo is leveraging FLNG technology to fast-track exports and monetize offshore reserves. With major LNG projects advancing across the continent, investment momentum continues to build. Floating LNG solutions – such as UTM Offshore's facility in Nigeria and Perenco's Cap Lopez terminal in Gabon – are offering scalable, capital-efficient models for deployment. In Mozambique, Eni is expanding on the success of its Coral South FLNG by developing a second floating facility, Coral North. Meanwhile, gas-to-power initiatives hold strong potential to address chronic energy shortages, contributing to both energy security and the transition to a more sustainable, lower-carbon energy mix. The panel will explore how to align Africa's export ambitions with domestic industrialization and energy access goals, driving inclusive economic growth while contributing to global energy security and environmental objectives. Distributed by APO Group on behalf of Energy Capital&Power.
