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AEW 2022 discussion explores merger and acquisition trends across the African energy market

A panel discussion held at AEW 2022 explored mergers and acquisitions across Africa’s oil and gas industry and associated challenges and opportunities. Moderated by Mike Wynne, Vice President of International Upstream at S&P Global Commodity Insights, a panel discussion held on October 19 during the African Energy Week (AEW) 2022 conference in Cape Town investigated […]

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South Sudan, Equatorial Guinea reaffirm Africa was not forced to cut production, rejects ideas of political motives

During the 2022 edition of Africa Energy Week (AEW) (www.AECWeek.com) – taking place this week in Cape Town – African energy ministers emphasized that the decision made by the Organization of Petroleum Exporting Countries (OPEC) and its allies to cut oil production was not a political one, or a decision in which African ministers were

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Africa-Europe Roundtable tackles energy transition, global trade at African Energy Week (AEW) 2022

As the European Union (EU) restructures its plans for energy security in light of shifting geopolitical realities, the Africa-Europe Roundtable – organized on the first day of African Energy Week 2022 (https://www.AECWeek.com/) in Cape Town – addressed the role of the African continent in advancing the global energy revolution and supplying Europe with energy security.

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AEW 2022 to Host Youth Energy Roundtable in Collaboration with the AfCFTA Youth Forum

The roundtable discussion aims to empower young Africans, recognizing the role the youth play as drivers of the African energy transition. The African Energy Chamber (AEC), in collaboration with the African Continental Free Trade Agreement (AfCFTA) Youth Forum, will host a Youth Energy Roundtable discussion during this year’s edition of African Energy Week (AEW) –

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AEW 2022 represents the official meeting place for African and Global Energy Financiers

With up to $25 billion needed per year for Africa to make energy poverty history, African Energy Week will unite African and global financiers to discuss financing the continent’s energy future. With over 600 million currently living without access to electricity in Africa, significant investments are needed across the entire energy value chain in order

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Dangote workers shot as Kogi Govt Vigilantes invade Dangote Cement Plant

Dangote: Our acquisition of Obajana Cement plant followed due process

*Obajana Cement PLC was incorporated in 1992 and as at 2002 had no paid up shares   * Kogi State has no equity interest in Obajana Cement Plc  * The plant and machinery were conceived, designed, procured, built, and paid for solely by DIL, well after it acquired the shares in Obajana Cement Company  

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Gender specialists unlock gender-responsive aquatic biodiversity and environmental management for Africa

African women and men have set the pace for environmentally responsible and inclusive conservation of aquatic biodiversity. To validate important concerns and strategies to enhance women’s engagement in aquatic biodiversity and environmental management, the inaugural gender expert meeting on ” Gender mainstreaming in aquatic biodiversity conservation and environmental management” was held from October 5-7, 2022,

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2022 H1 results show Africa’s Venture Capital and Private Capital ecosystem on track for another record-breaking year

The African Private Equity and Venture Capital Association (AVCA) announced the release of its flagship reports, the 2022 H1 Annual African Private Capital and Venture Capital Activity reports. The reports present an overview of the venture ecosystem, private capital fundraising, dealmaking, and exits in Africa in the first half of 2022, and set out projections

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Russian ro-ro ship catches fire at Hakata in Japan

Russian invasion of Ukraine impedes post-pandemic economic recovery in emerging Europe and Central Asia

The ongoing war in Ukraine has dimmed prospects of a post-pandemic economic recovery for emerging and developing economies in the Europe and Central Asia region, says the World Bank’s Economic Update for the region, released today. Economic activity will remain deeply depressed through next year, with minimal growth of 0.3% expected in 2023, as energy

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Middle East: Oil demand remains low despite the ease in COVID-19 lockdown

LNG: Sovcomflot and Gazprom Complete Russia’s First Ship-To-Ship Bunkering

By Our Correspondent Sovcomflot, Russia’s largest shipping company, and Gazprom Neft, a Russian oil company, carried out their first ship-to-ship LNG bunkering operation at the port of Ust-Luga, according to FleetMon. It stated: “This marks the first domestic LNG bunkering operation in Russia’s transport history. “Gazprom Neft’s bunker vessel, the Dmitry Mendeleev, successfully fueled Sovcomflot’s

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