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Afreximbank
Source: Afreximbank |

Afreximbank announces specialized African Continental Free Trade Area (AfCFTA) training to empower African businesses

Scheduled to take place in Abuja, Nigeria, from June 30 to July 2, 2025, the training program is designed to provide businesses with practical policy-relevant insights into the AfCFTA’s evolving regulatory and institutional landscape

To enable African businesses to fully capitalise on the opportunities presented by the African Continental Free Trade Area (AfCFTA), African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has announced a specialized training program designed to equip enterprises with a deep understanding of the agreement’s commercial implications and transformative potential. Scheduled to take place…

Afreximbank
Source: Afreximbank |

Afreximbank launches US$3 Billion Revolving Intra-African Oil Import Financing Programme

This programme seeks to leverage the growing refining capacity that Afreximbank has helped establish across the continent, while aligning with the objectives of the African Continental Free Trade Area (AfCFTA) agreement

To address Africa's persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has launched a US$3 Billion Revolving Intra-African Oil Trade Financing Programme to finance the purchase of refined petroleum products…

African Energy Chamber

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    • Time for Namibia and Oil Companies to Act on Fiscal Stability and Fast Track Oil Discoveries to Final Investment Decision (FID) (By NJ Ayuk)
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Source: African Energy Chamber |

Time for Namibia and Oil Companies to Act on Fiscal Stability and Fast Track Oil Discoveries to Final Investment Decision (FID) (By NJ Ayuk)

For Namibia, a newcomer to oil and gas deals, adding a fiscal stability clause to petroleum contracts will be key to retaining the energy industry’s intense interest

By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org/).  The world is watching Namibia. To be more specific, the energy world is watching. This was evident at the recently concluded Namibian Internation Energy Conference.  Ever since oil and gas majors, Rhino Resources, Galp Energia, Shell and TotalEnergies announced massive hydrocarbon…

African Development Bank Group (AfDB)

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    • At the World Bank/IMF Spring Meetings, African leaders discussed implementing recommendations from an AfDB report, Measuring the Green Wealth of Nations: Natural Capital and Economic Productivity in Africa
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Source: African Development Bank Group (AfDB) |

Ahead of Conference of the Parties (COP30), Africa champions new approach to measuring green wealth of countries and incentivizing climate action

Leaders emphasized that a proper valuation of Africa's natural resources would transform the continent's financial landscape by unlocking access to global financial flows, improving national risk profiles, and creating new capacity for investments in green economies and climate-resilient infrastructure

 Proper valuation of natural capital and the ecosystem services it provides, such as carbon sequestration, is a win-win strategy for growing economies— Urama, African Development Bank (www.AfDB.org) We need to make bold decisions and act swiftly to accelerate the measurement of Africa’s green wealth— Suda-Mafudze, African Union Commission. African leaders…

Ministry of Planning, Economic Development, and International Cooperation - Egypt
Source: Ministry of Planning, Economic Development, and International Cooperation - Egypt |

Minister Rania Al-Mashat Holds Series of Meetings with Leaders of International Financial Institutions, Government Representatives, Think Tanks, and Investors to Present Developments in the Egyptian Economy and Strengthen Joint Economic Relations

The meetings aimed to expand the scope of guarantees available in the Egyptian market and increase financing mechanisms for the private sector, in line with Egypt's vision to increase foreign direct investment

The Ministry of Planning, Economic Development and International Cooperation issued a report on the activities and participations of H.E. Dr. Rania A. Al-Mashat, Minister of Planning, Economic Development and International Cooperation and Egypt's Governor at the World Bank, during the Spring Meetings of the World Bank Group and the International…

African Energy Chamber

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    • 2.5 Million Tonnes Per Annum (MTPA) in Gas Output Feasible for Namibia, Says the National Petroleum Corporation of Namibia (NAMCOR)
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Source: African Energy Chamber |

2.5 Million Tonnes Per Annum (MTPA) in Gas Output Feasible for Namibia, Says the National Petroleum Corporation of Namibia (NAMCOR)

NAMCOR projects over 2.5 million tons in annual gas production as Namibia accelerates its gas monetization strategy, infrastructure development and regional energy leadership

The National Petroleum Corporation of Namibia (NAMCOR) has revealed that the country could produce more than 2.5 million tons of natural gas per year, based on early-stage assessments of recent discoveries made since 2022. Speaking during a panel discussion on gas monetization strategies at the Namibia International Energy Conference on…

African Energy Chamber

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    • Strategic Mergers and Acquisitions (M&As) Fuel Investment, Expansion in Namibia’s Upstream Sector
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Source: African Energy Chamber |

Strategic Mergers and Acquisitions (M&As) Fuel Investment, Expansion in Namibia’s Upstream Sector

At the Namibia International Energy Conference, industry leaders emphasized M&As as key drivers of upstream growth and investment in Namibia’s oil and gas sector

Merger and acquisition (M&A) activity continues to emerge as a critical engine for growth in Namibia’s upstream oil and gas sector, as emphasized during a high-level panel discussion at the Namibia International Energy Conference (NIEC) on Thursday. Industry leaders outlined how strategic M&A deals are not only reshaping the country’s…

Aig-Imoukhuede Foundation
Source: Aig-Imoukhuede Foundation |

Shaping Africa’s Public Service for Global Impact: A Critical Look at the AIG Public Leaders Programme

This initiative reflects a broader trend observed globally: the recognition that leadership development is crucial for reform

Across the globe, effective public service stands as the cornerstone of sustainable governance and development. From Europe to Asia, the drive to professionalise public administration has transformed nations by ensuring citizens receive timely, efficient and equitable services. In Africa—where rapid urbanisation, economic transformation and social inclusion remain at the forefront…

African Energy Chamber
Source: African Energy Chamber |

Capricornus 1-X Adds to String of Successes in Namibia’s Offshore Oil Boom

The African Energy Chamber welcomes the Capricornus 1-X light oil discovery as a game-changing development for Namibia, solidifying the Orange Basin’s status as a world-class petroleum province and opening the door to transformative economic and energy opportunities

The African Energy Chamber (AEC) (https://EnergyChamber.org) strongly endorses the successful light oil discovery at the Capricornus 1-X exploration well in Namibia’s offshore Block 2914A – announced on April 24 – calling it a pivotal moment in the country’s energy evolution. The discovery solidifies the Orange Basin’s status as a major…

The Republic of Uganda - Ministry of Foreign Affairs
Source: The Republic of Uganda - Ministry of Foreign Affairs |

Uganda Pearl of Africatrade Expo Opens in Malaysia

Uganda permits 100% foreign ownership in most sectors, guarantees repatriation of profits, and offers tax holidays, customs exemptions, and infrastructure support for priority areas

The Pearl of Africa Business Forum and Expo has opened in Kuala Lumpur, Malaysia, with Uganda set on securing trade and investment potential of around USD 5 billion over the next five years. A high powered delegation led by the Finance Minister Hon. Matia Kasaija, comprises Energy Minister Hon. Ruth…