Author name: Godswill Odiong

President El-Sisi Speaks with United Nations Secretary-General

Today, President Abdel Fattah El-Sisi received a phone call from Secretary-General of the United Nations António Guterres. A spokesman for the Presidency Counselor Ahmed Fahmy said the call focused on the latest developments pertinent to the ongoing diplomatic efforts to stop the escalation in the Gaza Strip, including the resolution of the United Nations General […]

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African Energy Chamber Drives Intra-African Energy Investment in Lagos

AEC applauds NCDMB Commitment to Efficiency and Transparency Amid Federal Agency Award

The Nigerian Content Development and Monitoring Board (NCDMB) has once again solidified its position as an exemplar of transparency and efficiency among federal agencies in the country. The NCDMB has, for a second-year running, secured the top position in the 2023 Half-Year Executive Order 001 Compliance Ranking. As the voice of the African energy sector,

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African Oil Producers Meet in Abuja, Chart Future for Industry

Amidst the threat of energy transition and dwindling funding of the hydrocarbon industry, 18 member countries of the African Petroleum Producers Organization (APPO) are attending the third edition of the Africa Local Content Roundtable to chart a pathway for the sustainable development of local content and the oil and gas industry in the continent. The

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Africa Finance Corporation to lead US-backed development of the Lobito Corridor and Zambia-Lobito Rail Line

Africa Finance Corporation (AFC), the leading infrastructure solutions provider in Africa, today joined with the United States Government, the European Union, the African Development Bank and the governments of Angola, the Democratic Republic of Congo and Zambia to sign a Memorandum of Understanding (MoU) to develop the Lobito Corridor connecting northwest Zambia to the Benguela

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South Africa: African Development Bank’s new 5-year strategy paper focuses on governance and the private sector

The Board of Directors of the African Development Bank Group (https://www.AfDB.org/en) have approved South Africa’s Country Strategy Paper (CSP) 2023-2028. The Bank’s interventions over the next five years will focus on two priority areas: improving governance and developing the private sector in southern Africa’s largest and most populated country. The CSP 2023-2028 aims to support

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CNBC Arabia Partners with Upcoming Libya Energy Summit

CNBC Arabia has been confirmed as an official Media Partner for the Libya Energy & Economic Summit (LEES) (https://apo-opa.info/3Mkq9aW) taking place in Tripoli next month, which serves as the nation’s premier platform for dialogue and deal-making. May Ben Khadra, Business Anchor for CNBC Arabia, will moderate and announce the opening sessions of the summit. Under

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Pioneering Sustainable Solutions: Mazars Joins African Energy Week 2023 as Gold Sponsor

Adapting to macroeconomic forces and stringent regulations is crucial in the ever-evolving landscape of the energy, infrastructure, and environmental sectors. As the world seeks to meet increasing energy demand while addressing environmental and social impacts, Mazars, a distinguished audit, tax and advisory firm, stands at the forefront of innovation. The firm brings tailored solutions that

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Engr. Simbi Kesiye Wabote

ES NCDMB Warns Against Tinkering with the Petroleum Industry Act

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has advised that making unending changes to the structures set up by Petroleum Industry Act 2021 could kill the confidence of investors and stall new projects in the oil and gas sector. Speaking on Tuesday at a panel session

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The ‘Southern Africa Europe CEO Dialogue’ to celebrate 10 years of success and commitment to African partnerships

The ‘Southern Africa Europe CEO Dialogue’ is a powerful forum that has stimulated billons of rands in business and investment and as it marks its 10thanniversary it has attracted over 200 CEO’s and influential public and private sector leaders this year. The summit, taking place in Johannesburg’s Melrose Arch on November 9 and 10, has

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Nigerian Oil Industry is On Steady Growth Trend-Wabote

The Nigerian oil and gas industry is growing steadily across several fronts despite reduced investments due to the global quest for cleaner energy and divestments of some onshore and shallow assets by a few international oil companies, the Executive Secretary Nigerian Content Development and Monitoring Board, Engr. Simbi Kesiye Wabote has said. He gave the

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