Business

GICC marks fourth anniversary with three-day celebration and ₦35m legacy project   Global Influence Continental Church (GICC) will celebrate its fourth anniversary with a three-day programme from Friday, August 21, to Sunday, August 23, 2026, at its church auditorium in Ikate-Elegushi, Lekki, Lagos. The anniversary, themed “Great Is Thy Faithfulness,” is drawn from Lamentations 3:22–23

Namibia moves to avoid Nigeria’s oil trap as first oil nears 2030 By Eyo Nsima Namibia is seeking to avoid the pitfalls that have confronted established African oil producers such as Nigeria as it prepares to move from major discoveries to commercial production, placing local content, revenue management, industrialisation and institutional capacity at the centre

Venezuela’s Oil Sector at Turning Point as Reforms Lure Global Investors — Ayuk By Eyo Nsima Venezuela’s oil and gas industry is at a major turning point as the government moves to reform the sector, attract international investment and unlock its vast hydrocarbon resources, according to NJ Ayuk, Executive Chairman of the African Energy Chamber

Editorial: Gulf Energy Traders Are Becoming Africa’s New Commercial Bridge   Africa’s energy market is undergoing a significant shift in the sources of capital, commodities and commercial partnerships available to governments, producers and refiners. The growing presence of Dubai-based Sancorp Group at African Energy Week, AEW 2026, as a Platinum Partner is therefore more than

Sancorp Expands African Energy Trading Footprint, Joins AEW 2026 as Platinum Partner   Dubai-headquartered energy and commodities trading group, Sancorp Group, is strengthening its presence in Africa’s energy markets as it joins African Energy Week, AEW 2026, as a Platinum Partner. The partnership will bring the Gulf-based energy group to Cape Town, South Africa, from

AI, Data Analytics Take Centre Stage at African Energy Week 2026   Artificial intelligence, AI, data analytics and digital technologies are set to play a growing role in Africa’s energy investment landscape as Digital Energy AI Founder, Morgan Eldred, and Electron Intelligence Co-Founder and Managing Director, Joseph Ibeh, join the speaker lineup at African Energy

Shell setback: South Africa risks energy insecurity as court ruling threatens offshore investment — Ayuk   The recent South African court ruling against Shell has raised fresh concerns over the country’s energy security, investment prospects and ability to unlock its offshore oil and gas resources, according to the Executive Chairman of the African Energy Chamber

EDITORIAL: Austin Avuru at 68 and the unfinished Nigerian oil story   As Austin Ojunekwu Avuru turns 68 on August 17, Nigeria’s oil and gas industry has more than a birthday to mark. His career offers an opportunity to examine the progress—and unfinished business—of Nigeria’s indigenous petroleum industry. From the Nigerian National Petroleum Corporation, NNPC,