Sonils Eyes Regional Growth, Steps Up as Champion Sponsor for Congo Energy & Investment Forum (CEIF) 2025

Source: Africa Press Organisation – English (2) – Report:

BRAZZAVILLE, Congo (Republic of the), January 28, 2025/APO Group/ —

Angolan logistics provider Sonils has joined the upcoming Congo Energy & Investment Forum (CEIF) 2025 – taking place in Brazzaville from March 24-26 – as a Champion Sponsor. The inaugural CEIF conference will convene industry leaders, policymakers and stakeholders to explore investment opportunities and advancements within the Republic of Congo’s burgeoning energy sector.

Sonils, which serves as the integrated logistics and services arm of Angola’s state-owned Sonangol, supports the country’s primary onshore oil and gas supply bases. The company provides support to Angola’s oil and gas industry through the provision of facilities and areas allocated for the management of the country’s offshore operations.

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 local 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.

Sonils has a history of supporting regional oil production through services related to cargo handling, engineering and the development of specialized oil and gas facilities. By leveraging its established infrastructure and industry knowledge, the company is well-positioned to play a pivotal role in supporting the Congo’s energy sector growth.

Having exported its first LNG cargo in February 2024 and with aims to double its crude oil production within the next three years, the Congo is well-positioned to leverage Sonils’ expertise in logistics and infrastructure development. The company’s experience in managing large-scale logistics operations can assist the Congo in efficiently handling increased production volumes and expanding its export capabilities.

International Islamic Trade Finance Corporation (ITFC) Launches New Environmental and Social Policy to Drive Sustainable Trade

Source: Africa Press Organisation – English (2) – Report:

JEDDAH, Saudi Arabia, January 28, 2025/APO Group/ —

The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic Development Bank Group (IsDB), unveiled its new Environmental and Social (ES) policy. This policy reinforces ITFC’s commitment to embedding sustainable practices across its trade finance operations, recognizing the essential role trade finance and trade development can play in mitigating climate change and promoting social equity.  

ITFC’s member countries are among the most vulnerable to climate change, social challenges, and economic inequality. This ongoing climate crisis requires  urgent action. With trade being responsible for 20-30% of global CO₂ emissions, ITFC is aligning its operations with international frameworks such as the Paris Agreement and the United Nations Sustainable Development Goals (SDGs) to make trading greener in its markets of operations. By championing responsible and inclusive trade finance, ITFC aims to reduce its carbon footprint while supporting its member countries in achieving sustainable economic growth. 

This new ES policy is focused on 5 key areas: 

  • Environmental Action. ITFC is proactively incorporating green practices throughout every aspect of its operations and work environment. By prioritizing digitization, implementing paperless solutions, and enhancing energy efficiency, we aim to lead by example in embracing environmentally responsible initiatives and  demonstrating our commitment to sustainability.  
  • Sustainable and Inclusive Trade Finance. ITFC aims to increase its share of financing in goods and services that promote sustainability. By prioritizing sectors that strengthen resilience, such as sustainable agriculture, financial inclusion, and eco-friendly supply chains, ITFC is contributing to sustainable and inclusive growth in our member countries. 

  • Empowering for Sustainable Impact. Through capacity-building programs and technical assistance, ITFC will help businesses and governments reduce climate risks, advance social inclusion, and access green financing opportunities. 

  • Innovative Treasury Solutions. ITFC is dedicated to increasing investment in Shariah-compliant sustainable financial instruments, including exploring the issuance of green Sukuk to bolster climate-resilient trade and development for ITFC member countries.  

  • Credible Assessment and Disclosure. ITFC is committed to adopting best practices to embed environmental and social considerations in its transactions and projects. We aim to transparently disclose our ES performance, adhering to international best practices, promote accountability and build trust with our stakeholders. 

On this note, Eng. Hani Salem Sonbol, CEO ITFC stated: “Our work in some of the world’s most climate-vulnerable regions have given us firsthand insight into the reality of climate change. From rural landscapes to urban centers, we are witnessing the effects of an accelerating environmental shift and as we remain true to our commitment to powering sustainable growth, it has become imperative for the Corporation to fully streamline and operationalize its new direction towards sustainability and climate change.” 

ITFC’s new environmental and social policy reflects its vision to foster economic growth that is both inclusive and sustainable, setting a new standard for trade finance institutions globally. ITFC remains committed to fostering intra-OIC trade, enhancing member countries’ capacities to adopt green energy solutions. 

Top Renewable Energy Projects Powering African Mining

Source: Africa Press Organisation – English (2) – Report:

CAPE TOWN, South Africa, January 28, 2025/APO Group/ —

As Africa’s mining industry faces increasing pressure to decarbonize, companies are turning to renewable energy solutions to meet environmental targets while ensuring reliable and affordable energy supplies. This shift is driven by the need to reduce operational costs, achieve sustainability goals and comply with evolving global regulations. From solar and wind to hydropower, renewables are becoming integral to mining operations across the continent. Initiatives across Angola, Zambia, South Africa and the Democratic Republic of Congo (DRC) are setting a precedent for how renewables can transform the mining sector and contribute to Africa’s broader energy transition.

Trafigura’s 2,000 MW Green Energy Initiative

Global commodities trader Trafigura, engineering firm ProMarks and the Angolan government agreed to develop a 2,000 MW high-voltage electricity interconnector in July 2024. The project will transport renewable energy, primarily from hydropower projects in northern Angola, to meet growing demand from mining companies in Zambia and the DRC. The project will also supply the Southern Africa Power Pool regional grid.

First Quantum’s 430 MW Renewables Project in Zambia

Canadian mining firm First Quantum Minerals is investing $500 million in a 430 MW renewable energy project to power its Kansanshi and Sentinel mines in Zambia. Developed in partnership with Total Eren and Chariot, the project includes a 230 MW solar PV plant and a 200 MW wind farm. The facilities, set for completion in 2026 and 2027, respectively, aim to reduce First Quantum’s carbon footprint by 30% by 2025.

Tronox Holdings’ 400 MW Portfolio in South Africa

Mining and chemicals firm Tronox Holdings has signed agreements with clean energy firms NOA Group and Sola Group to secure over 400 MW of renewable energy for its mining and smelting operations in South Africa. Once commissioned from 2027, the projects will provide 70% of Tronox Holdings’ energy needs, reducing the firm’s carbon footprint by 25% compared to 2019 levels. The combined capacity includes a 200 MW solar power plant from Sola Group and additional capacity from NOA Group, delivering 497 GWh of electricity annually.

CMOC’s 200 MW Project in the DRC

Chinese mining firm CMOC closed a deal with green energy firm Lualaba Power in July 2024 to accelerate development of the 200 MW Nzilo II hydropower and floating solar project in the DRC. The project will provide CMOC with base load and peak power, supporting the firm’s target to produce 800,000 to 1 million tons of copper annually by 2028.

Northam’s 180 MW Solar Farm in South Africa

In August 2024, mining firm Northam Platinum Group Metals signed a power purchase agreement for a 180 MW solar farm to power its Zondereinde mine in South Africa. The solar plant will generate 220 GWh annually, meeting 15% of the mine’s energy needs while reducing carbon emissions.

The African Research and Innovation Hub @ Intra-African Trade Fair (IATF) launched to utilise academia in advancing understanding of intra-African trade

Source: Africa Press Organisation – English (2) – Report:

CAIRO, Egypt, January 28, 2025/APO Group/ —

  • University lecturers, students, and researchers affiliated with National Research Institutions invited to participate and showcase their publications and prototypes at IATF2025.  

Afreximbank (www.Afreximbank.com), in collaboration with African Union Commission and AfCFTA Secretariat, is excited to launch its new initiative the “African Research and Innovation Hub @IATF”, during the 4th Intra-African Trade Fair (IATF2025). The key objective is to boost academic research output and increase collaboration between academia, industry, and policy makers across Africa in the bid to drive forward intra-African trade and industrialisation. 

The platform aims to provide an opportunity for African, Caribbean and Diaspora lecturers, students, and researchers to showcase innovative research and prototypes that contribute towards intra-African trade and industrialisation. It also seeks to develop industry collaborations and exchange knowledge with leading professionals in the field during IATF2025 in Algiers, Algeria from September 4-10, 2025. 

The African Research and Innovation Hub @IATF aims to promote and commercialise African research and innovation. It also acknowledges that there are many talented and creative Africans across Africa, the Caribbean and the Diaspora, who have brilliant ideas, concepts, publications and prototypes but lack the relevant support required to help them nurture their ideas and commercialise them. 

The platform provides access to more comprehensive information, relevant data, and literature whilst exposing national researchers to potential investors or venture capitalists who could assist with commercialising their research output and prototypes.  

A key objective of the Hub is to encourage innovation and entrepreneurship among lecturers and students by connecting them to trade exhibitions, start-up pitches, and networking opportunities with business leaders, potentially leading to new start-ups and increased academic-industry collaborations. It also provides opportunities for networking and potential collaboration with others in academia and practitioners across the continent, research institutions, industry, and policymakers.  

Researchers, academics and university students are provided with access to information on emerging issues in the field of intra-African trade and can incorporate these into their research programs and academic curricula. Lastly, it enhances the capacity of lecturers and students in understanding and teaching the complexities of trade policies, trade standards, regional economic communities, the African Continental Free Trade Area (AfCFTA) and industrialisation. 

The hub aims to support the broader objectives of enhancing intra-African trade, fostering economic development, and building a connected, informed, and empowered next generation of African trade and investment leaders across all fields.  This hub will allow students to exhibit their prototype inventions and published research papers on select topics, which are expected to adhere to world-class standards.  

Mrs. Kanayo Awani, Executive Vice President Intra-African Trade and Export Development at Afreximbank said: “IATF2025 is an important moment for African research and innovation, bringing together the brightest minds from universities and research institutions to contribute towards promoting intra-African trade and industrialisation. The African Research and Innovation Hub @IATF will serve as a groundbreaking platform for African, Caribbean and Diaspora lecturers, students, and researchers to demonstrate their capabilities, and connect with industry leaders, investors, and policymakers. This is more than an opportunity to display research; it’s a unique moment to shape the future of intra-African trade and industrialisation to drive economic growth across the continent.” 

Entries will be judged by a panel consisting of distinguished trade experts, scholars, and industry leaders from across Africa. The panel will evaluate submissions based on innovation, relevance to African trade and industrialisation, and the potential for practical application.  

Candidates should demonstrate a number of key criteria – including academic excellence and a passion for advancing research on intra-African trade, industrialisation, leadership and initiative in projects related to trade, industrialisation and innovation, and regional economic integration; high-quality research outputs or innovative prototypes aligned with IATF’s themes and a commitment to furthering knowledge and collaboration by sharing insights from the event with their academic institutions. 

University Lecturers, University Students, and Researchers Affiliated with National Research Institutions from Africa, the Diaspora including the Caribbean are invited to submit their applications directly through this email: ARIH@intrafricantradefair.com by 28 March 2025, 23:59 GMT

You can find out the eligibility criteria, application requirements and other details on the IATF2025 website: https://apo-opa.co/3EeHRvj

Congo’s Strategy to Advance Local Content Hydrocarbon Sector

Source: Africa Press Organisation – English (2) – Report:

BRAZZAVILLE, Congo (Republic of the), January 28, 2025/APO Group/ —

The Republic of Congo is prioritizing local content development within its hydrocarbon sector through a combination of government policy and private sector initiatives. The country’s approach aims to maximize domestic benefits from its vast energy resources, with a focus on job creation, technology transfer and building local expertise.

Regulatory Framework for Local Content

In line with its economic goals, the government has established policies to ensure that Congo’s energy sector benefits local businesses and workers. The Minister of Hydrocarbons Bruno Jean-Richard Itoua recently launched a registration campaign for subcontracting and service companies in the oil and gas industry. This initiative is designed to enhance transparency and improve the integration of local companies into the industry.

The government’s strategy is embodied in the Hydrocarbons Code, which mandates the prioritization of Congolese nationals in the workforce. The law encourages partnerships between foreign oil companies and local enterprises, with a focus on capacity building and knowledge sharing. This regulatory framework is supplemented by the development of a comprehensive law on local content, targeting multiple sectors, including hydrocarbons, mining and digital economy. The aim is to diversify the economy and foster the growth of small- and medium-sized enterprises.

Private Sector Initiatives

While the government sets the framework, private sector companies are taking proactive steps to promote local content. Energy supermajor TotalEnergies employs around 600 local staff in Congo compared to just 40 expatriates, showcasing it commitment to workplace integration. The company also invests in training and development programs to equip Congolese employees with the skills needed for higher-level roles. In June 2024, TotalEnergies committed $600 million to expand production at the Moho Nord offshore field, with a focus on involving local subcontractors and training programs.

Similarly, Italian multinational energy company Eni is investing in local workforce development. As part of its efforts to prepare for the launch of LNG production last year, the company trained 40 Congolese employees in liquefaction technologies. This initiative helped to ensure that Congo has the skilled workforce its needs to manage LNG facilities and reduce reliance on foreign specialists.

To further drive local content development, the inaugural Congo Energy & Investment Forum 2025, will be held in Brazzaville from March 24-26, under the patronage of President Denis Sassou Nguesso and supported by the Ministry of Hydrocarbons and Société National des Pétroles du Congo. The event will bring together government leaders, private sector companies and international investors to discuss progress in integrating local businesses into the energy sector. It will also provide a platform for Congolese companies to explore new opportunities and forge partnerships with global players.

A hot and troubled world of work: how South Africa’s bold new climate act and labour law can align to drive a just transition

Source: The Conversation – Africa – By Debbie Collier, Professor of Law and Director of the Centre for Transformative Regulation of Work, University of the Western Cape

Increased average temperatures, climate variability, and extreme weather events are taking a toll on the environment and disproportionately affecting the lives and livelihoods of vulnerable communities. This is intensifying challenges in the world of work.

Working on a warmer planet increases health and safety risks and affects workers’ well-being and productivity. These risks are a challenge for employment, labour standards, and the creation of decent work.

Temperatures in South Africa are rising faster than the global average. And finding ways to adapt to climate change and navigate its challenges is becoming increasingly urgent. These challenges are compounded by the disruptions of an energy transition. South Africa also has high levels of inequality and unemployment.

South Africa, one of the largest (CO₂) emitters in Africa, has committed to reducing its emissions with the aim of reaching net zero emissions by 2050. But how does the country balance the need to cut carbon emissions while protecting an already vulnerable working population during the energy transition?

Enabling a just transition is a focus for the constituencies of the National Economic Development and Labour Council. The council is South Africa’s national social dialogue institution. It consists of representatives from the state, organised labour, organised business, and community organisations. The council’s Labour Market Chamber has been working on how best to integrate principles of labour and environmental justice. And how labour laws can be used to support a just energy transition.

The University of the Western Cape’s Centre for Transformative Regulation of Work, of which I am the director, has supported the council and its social partners in labour law reform processes. The aim is to ensure that labour laws and policy are responsive to the changing world of work, and are “fit for purpose” in the just transition era.

Two priorities are to implement the Climate Change Act as envisaged. And to use and develop labour law to support a just transition.

The Climate Change Act

The Climate Change Act 22 of 2024 incorporates the goal of decent work within a commitment to a just transition. The act, which will take effect on a date yet to be determined, defines a just transition as

a shift towards a low-carbon, climate-resilient economy and society and ecologically sustainable economies and societies which contribute toward the creation of decent work for all, social inclusion, and the eradication of poverty.

The act is ambitious in its scope and leaves no part of society untouched. It aims to restructure the economy from one dependent on fossil fuels to a low carbon economy, at the same time contributing to decent work and an inclusive society.

New institutional arrangements are envisaged and existing institutions are expected to adapt. Relevant state actors must “review and if necessary revise, amend, coordinate and harmonise their policies, laws, measures, programmes and decisions” to “give effect to the principles and objects” of the act.

The act provides impetus for change and an opportunity to revisit the country’s labour law and industrial relations landscape.

Labour law in a just transition era

South Africa’s labour law promotes both collective bargaining and employee consultation processes — the “dual channels” for engagement. However, industrial relations are typically characterised by adversarial bargaining over wages and economic distribution. This approach falls short of the nuanced and collaborative processes needed to navigate a just transition. The first step requires a shift from familiar, adversarial patterns of engagement.

The energy transition and adaptation to climate change may have significant implications for job security and employment. These include

  • the adoption of new technologies, resulting in workplace restructuring

  • changes in the organisation of work or work methods

  • the discontinuation of operations, either wholly or in part.

The framework for constructive engagement on such developments includes institutions and mechanisms at workplace, sector and national levels. At the workplace, workplace forums were intended for this purpose.

Workplace forums are voluntary institutions introduced in the Labour Relations Act 66 of 1994 to ensure that workers are consulted and have a voice in decisions that affect them. Unfortunately, the uptake of workplace forums has been limited.

Industry and sector institutions include bargaining councils and the Sector Education and Training Authorities. These should be developed into spaces for consultation on measures to support a just transition and coordination of skills development and industrial policy.

Nationally, Nedlac is the apex social dialogue institution. There’s also the Presidential Climate Commission which was established by President Cyril Ramaphosa to oversee and facilitate a just transition. The commission is regulated by the Climate Change Act. It plays a critical role in steering just transition policy processes and building consensus on regulatory developments.

What are the gaps?

Labour law has limited scope to address environmental degradation or the concerns of communities. To plug this gap, programmes that integrate rights, policies and services for workers and communities affected by the energy transition should be considered. For example the framework for Social and Labour Plans in the mining sector could be augmented to support a just transition.

Labour law functions and mechanisms that support a just transition may need to be strengthened. Key areas for improvement include:

  • the framework and ecosystem for skills development to prepare workers for job transitions

  • occupational health and safety and labour standards for the protection of workers in conditions of increased heat and extreme weather events

  • the scope, application and objectives of social security schemes and social protection for workers affected by the transition to a low-carbon economy.

Other steps towards a just transition include:

Environmentally sustainable practices must be a priority in all workplaces. Consultation and coordinated responses should not be limited to workplaces, sectors and industries that are directly affected, such as the coal mining sector.

Adaptation to climate change should be at the forefront of the collective efforts of all South Africans. Perhaps even more so in higher education institutions, where the responsibility to educate, innovate, and lead by example is paramount.

South Africa’s climate change law envisages a pathway to social inclusion and decent work. Its labour laws provide critical tools for the transition.

Debbie Collier, Shane Godfrey, Vincent Oniga and Abigail Osiki co-authored the Nedlac report, Optimising labour law for a just transition (2024).

– A hot and troubled world of work: how South Africa’s bold new climate act and labour law can align to drive a just transition
– https://theconversation.com/a-hot-and-troubled-world-of-work-how-south-africas-bold-new-climate-act-and-labour-law-can-align-to-drive-a-just-transition-243406

Strategic Investments: How Angola Oil & Gas (AOG) Deals are Transforming Angola’s Oil & Gas Industry

Source: Africa Press Organisation – English (2) – Report:

LUANDA, Angola, January 28, 2025/APO Group/ —

Since its inception in 2019, Angola Oil & Gas (AOG) has evolved from an industry dialogue platform into the country’s premier forum for deal-signing and partnerships. Now recognized as Angola’s largest oil and gas gathering, the event has facilitated investments across the energy value chain while fostering public-private partnerships and cross-border collaboration.

The upcoming 2025 edition of AOG, set to be launched at a reception event in Luanda on January 28, aims to continue this trajectory of growth. With an intensified focus on deal-making, the event seeks to connect capital to projects, drive collaboration and catalyze a new era of industry expansion in Angola. Below is an overview of previous deals signed at the last five editions of the AOG conference: 

AOG 2024: Coordinating Cross-Border Development

The latest edition of the AOG conference – held in Luanda in 2024 – featured five deals, signed by a suite of private companies and regional governments. Angola’s Ministry of Mineral Resources, Petroleum and Gas signed new terms for the development of Block 14 with the Democratic Republic of Congo’s (DRC) Ministry of Hydrocarbons; the respective finance ministries of Angola and the DRC signed a cooperation agreement; while Angola’s upstream regulator the National Oil, Gas & Biofuels Agency (ANPG) and its Mozambican counterpart the National Petroleum Institute signed a deal for the development of joint projects. Sonangol, Conjuncta, CWP and Gauff signed a green hydrogen deal, while Famar and Angobetumes signed an MoU for fuel storage management.

AOG 2023: Advancing Industry Cooperation

A record seven deals were signed during AOG 2023, improving collaboration across the upstream, downstream and knowledge sharing segments. Azule Energy and Sonangol signed a deal to collaborate on decarbonizing the oil and gas sector; Ambipar and Kini Energias signed a partnership agreement for the installation of an industrial unit for the assembly and testing of waste suction equipment; Etu Energias signed a Technical Services Agreement with SLB for works related to Block 2/5; and an MoU was signed between Protteja Seguros and Petromar, outlining a business partnership. Additionally, the ANPG signed agreements with three Angolan universities – Universidade Agostinho Neto, the Catholic University of Angola and Instituto Superior Pliténico de Tecnologias e Ciências – to establish a cooperation program to provide technical support for energy development in Angola. 

AOG 2022: Boosting Regional Ties

Three deals were signed during the 2022 edition of AOG, all of which centered on strengthening regional collaboration in the oil and gas industry. Angola’s Ministry of Mineral Resources, Petroleum and Gas signed an MoU with Namibia’s Ministry of Mines and Energy to enhance bilateral cooperation in the oil and gas sector; an agreement was signed between Equatorial Guinea’s Ministry of Mines and Hydrocarbons and the DRC’s Ministry of Hydrocarbons to strengthen existing synergies across the energy value chain; while the ANPG signed a deal with Sierra Leone’s Petroleum Directorate to establish a shared commitment to promoting and intensifying collaboration across the oil and gas industry. These agreements highlight AOG’s role as a platform for regional actors to bolster cooperation and cross-border ties.

AOG 2021: Attracting Investment in Exploration

Angola’s upstream regulator the ANPG launched the country’s 2021 Bid Round during the AOG event, incentivizing exploration in deepwater Angola. This followed the closing of the 2020 tender for onshore blocks in the Lower Congo and Kwanza basins. The launch also coincided with the announcement of a new open-door mechanism to deal with prospective investors. This system allows for direct negotiation between oil and gas operators and the ANPG, enabling investment outside of the confines of a traditional licensing structure.

AOG 2019: Supporting Infrastructure Development

Five deals were signed during the inaugural AOG conference in 2019, underscoring the event’s role as a platform for collaboration. United Shine and Sonangol signed a partnership agreement for the construction of the Cabinda Refinery; an MoU was signed between NFE International, Angola’s Ministry of Energy and Water Resources, Ministry of Mineral Resources, Petroleum and Gas and Ministry of Finance for the development of an LNG import and regasification terminal; a Commitment Agreement was signed between the ANPG and ExxonMobil for Block 15; while a Heads of Agreement was signed between Sonangol and Eni. Additionally, Sonangol E.P announced Kinetics Technology as the winner of a contract covering the construction of the Gasoline Production Unit for the Luanda Refinery.

Mission 300 Africa Energy Summit: Continent to connect 300 million to electricity by 2030 in new ambitious and collaborative initiative

Source: Africa Press Organisation – English (2) – Report:

DAR ES SALAAM, Tanzania, January 28, 2025/APO Group/ —

  • African Development Bank (www.AfDB.org), and World Bank in unprecedented collaboration to transform Africa’s Energy Access 
  • Strong emphasis on clean cooking solutions to avoid 600,000 deaths annually due to smoke exposure

Connecting 300 million Africans to electricity within the next five years is within reach through collaborative effort and commitment to implementation, participants at the Africa Energy Summit in Dar es Salaam, Tanzania, heard on Monday.

The summit is organized by the Government of Tanzania and Mission 300, an unprecedented collaboration between the African Development Bank Group, the World Bank Group and global partners to address Africa’s electricity access gap using new technology and innovative financing. 

Nearly 600 million Africans lack electricity, a critical resource for economic development and job creation. 

Speaking during the first panel discussion of the opening day of the two-day Summit, African Development Bank President Dr. Akinwumi Adesina set the summit’s tone of action and implementation, emphasizing practical solutions to achieve the ambitious goal, from regulatory reforms to private sector engagement. He called for active involvement from a wide range of stakeholders, including bilateral and multilateral institutions, private sector entities, civil society organizations, and foundations. 

“This is mission critical… Our mission here is to say we need everybody… It’s not about us, it’s about those who are not here, and we must listen and hear and make sure this is an action-driven summit… We can’t do Mickey Mouse business… We can’t have a situation where Africa does not have enough electricity,” Adesina told the audience, which included several African energy ministers, international development partners and private sector titans, civil society organizations, and foundations, attending the first day of the summit. 

The second day of the summit will see the participation of several heads of state from across Africa, who will join more than 1,500 other participants. Together they will chart Africa’s course toward universal access to energy. 

“We have a clear path to reaching these 300 million people,” Dr. Adesina stressed, distinguishing the initiative from previous efforts. He emphasized that the program seeks to transform Africa’s vast potential into reality through comprehensive electrification.  

“With power, Africa will not just meet expectations but exceed them, becoming a competitive and prosperous continent,” he added. 

Mission 300 will incorporate robust accountability measures, including country-specific monitoring and evaluation systems and the Africa Energy Regulatory Index to track progress. “This is all about accountability, transparency, and delivery while letting Africa develop with pride,” Adesina stated. 

Adesina highlighted the devastating toll of traditional cooking methods based on firewood and charcoal, resulting in the death of 600,000 women and children annually due to smoke exposure. 

The crisis extends beyond energy access, affecting environmental sustainability through deforestation and biodiversity loss. “It’s not just about energy transition,” Adesina said. “This is about dignity. Africa must develop with dignity and pride, and access to clean cooking solutions is fundamental to achieving this goal.” He praised Tanzania for developing a comprehensive national strategy to address this issue. 

World Bank Group President Ajay Banga expressed optimism about the initiative, saying its ambitious objectives are achievable through hard work, particularly in ensuring a conducive environment for the private sector to participate. He emphasized the need for predictability of currencies, regulatory frameworks and land acquisition to incentivize investments supporting Mission 300. 

In his remarks, Rajiv Shah, President of The Rockefeller Foundation, called global philanthropists to support the initiative.  

“Please join us in getting behind the ideas of this initiative and the country compacts that the leaders will be signing. What is at stake is the future of African economies, the future of African young people, and the future of our world,” he said, adding that his foundation was committing $65 million to the program. 

Speaking after the fireside chat, United Nations Deputy Secretary-General Amina Mohammed emphasized that energy access is not merely about power delivery, but about what that power will connect and enable. “It is important that we see food systems at the helm of all of this, and that they are powered by the energy that you will connect,” she stated. Mohammed explained how energy connectivity would catalyze transformative change in rural communities, particularly for women and youth, through access to digital financial services, online education, and e-commerce opportunities. 

However, she stressed that realizing these ambitions would require significant financial engineering and private sector engagement. “The private sector’s got to lean in and it won’t lean in if the message is that your finance environment is not conducive to us,” she noted, calling for reforms in credit rating systems and financial architecture. “When you want to put together the financing for energy it is not easy and it requires many people at the table in parallel with what we are doing, the policy and the regulation, designing these pipelines and getting the money ready.” 

The summit is expected to yield two significant outcomes: the Dar es Salaam Energy Declaration, outlining commitments and practical actions from African governments to reform the energy sector, and the first set of National Energy Compacts, which will serve as blueprints with country-specific targets and timelines for implementation of critical reforms.

OMV Discusses Exploration Efforts in Libya’s Sirte Basin, Eyes Strategic Growth

Source: Africa Press Organisation – English (2) – Report:

TRIPOLI, Libya, January 28, 2025/APO Group/ —

In an exclusive interview with Energy Capital & Power (www.EnergyCapitalPower.com), Berislav Gašo, Member of the Executive Board and Executive Vice President of Energy at OMV, discusses the company’s exploration efforts in the Sirte Basin and shares an optimistic perspective on Libya’s oil and gas sector.

OMV has resumed exploration activities in Libya’s Sirte Basin after a 13-year hiatus, signaling renewed confidence in the country’s oil and gas sector. What key factors led to the decision to resume exploration activities, and what role do you see Libya playing in OMV’s overall upstream strategy moving forward?

Indeed, OMV was among the first international companies to resume exploration activities in the region. Libya plays an important role in OMV’s Energy portfolio with successful exploration efforts being crucial for adding value and bringing in new volumes. A testament to these strong bonds with the country is the spudding of the Essar well in the C103 license within the Sirte Basin, which was the first OMV-operated exploration well drilled in Libya since the 1990s. OMV’s ongoing exploration efforts will be pivotal in generating growth and solidifying our energy business in Libya.

The ESSAR Prospect is a key focus of OMV’s exploration efforts in Libya. What are the main objectives of this campaign, and how do you assess the potential for additional discoveries in the Sirte Basin?

Today, our exploration activities in Libya are mainly focused on the Sirte Basin, where we are an operator, and the Murzuq Basin, where we are a partner. We are currently drilling the Essar well, which will be followed by the Alhilal well within the same license. This infrastructure-led approach leverages the proximity of these wells to existing producing fields, enabling efficient tie-ins to nearby production facilities for rapid additional output. Beside our drilling activities in C103, OMV is also working diligently on maturing leads in our other exploration licenses within the Sirte Basin.

OMV is collaborating with Zueitina Oil Company (ZOC) on the drilling of the B1-106/4 well. Can you discuss the importance of this partnership and how OMV plans to integrate local expertise and resources in the execution of its exploration projects in Libya?

Synergies between ZOC and OMV are a crucial backbone of our drilling activities. OMV’s exploration is carried out by ZOC, as our integrated service provider. By working with a local operator, we can efficiently share drilling rigs between OMV-operated exploration and ZOC-operated development projects in our licenses, resulting in more effective use of the rig utilization. Through this collaboration, OMV benefits from local expertise and fosters a culture of open communication and knowledge transfer. Furthermore, we transmit drilling data to our headquarters in Vienna via real-time data streaming services, where it is processed to ensure safe and efficient operations.

What are your expectations for the broader outlook of Libya’s oil and gas sector over the next few years?

The outlook for the Libyan oil and gas sector in the coming years is promising, driven by the National Oil Corporation’s strategy to increase production. An upcoming bidding round is expected to attract interest and open up new opportunities for exploration and production. Libya’s vast untapped reserves and strategic location make it a major player in the global energy market, but sustained progress will depend on ensuring security, regulatory reforms and investment in infrastructure. Tackling these challenges could spur growth in the sector and increase its contributions to the national economy.

Statement attributable to the Spokesperson for the Secretary-General – on pause on US foreign Assistance

Source: United Nations – English

he Secretary-General notes with concern the announcement of a pause in US foreign assistance. 

The Secretary-General calls for additional exemptions to be considered to ensure the continued delivery of critical development and humanitarian activities for the most vulnerable communities around the world, whose lives and livelihoods depend on this support.

The Secretary-General looks forward to engaging with the new United States administration on the provision of much needed development support to people grappling with the most difficult challenges confronting the developing world. The United States is one of the largest aid providers and it is vital that we work constructively to jointly shape a strategic path forward.