Tag: energy

“It’s Time for the World Bank to End the Ban on Upstream Financing and Tackle Africa’s Energy Poverty Crisis”-AEC

CAPE TOWN, South Africa, June 16, 2025/ — The African Energy Chamber (AEC) (www.EnergyChamber.org) is calling on the World Bank to end its ban on financing upstream oil and gas projects, urging the institution to align with Africa’s urgent need to eradicate energy poverty and achieve sustainable development. Lifting this ban is essential to unlocking the continent’s hydrocarbon resources, delivering reliable and affordable electricity to millions, and generating the revenues required to support Africa’s long-term energy transition. While the AEC welcomes the World Bank’s decision to review its 2017 ban…

Annual Investment Meeting tackles global market challenges, future investment opportunities in partnership with the Abu Dhabi Department of Economic Development

Abu Dhabi, United Arab Emirates, 2 April 2023: The 12th Annual Investment Meeting (AIM Global 2023), which is supported by the Ministry of Industry and Advanced Technology in partnership with the Abu Dhabi Department of Economic Development, will feature a number of local and international events, forums, and conferences from May 8 to 10 at the Abu Dhabi National Exhibition Centre and discuss the latest investment trends, challenges, and opportunities to further boost the sustainable growth of the global economy. Its lineup of activities comprises a series of dialogue sessions,…

”How Nigeria Could Turn Climate Change into Economic Opportunity”-Prof Okereke

The ongoing effort to stem the negative impact of climate change presents Nigeria with unique opportunities to boost its economy and improve electricity supply through renewable sources, expert on climate change issues, Professor Chukwumerije Okereke has said. Okereke who is the Director, Centre for Climate Change and Development, CCCD, Alex Ekwueme Federal University, Ndufu-Alike, stated this in Abuja at the award ceremony for the winners of the second National Essay Competition titled ‘Climate Change and Nigeria’s Economic Development: A letter to Mr. Incoming President’. Prof. Okereke said the essays written…

Niger Country Unique Selling Points re-echoed

……As UK Trade and Investment Mission Visits Story: Mohammed Abu The Nigerien Minister of Trade, H.E.Mr. Allache Alhada has re-echoed Niger’s numerous investment opportunities in terms of huge agriculture potential, rich mineral deposits, energy, tourism and handicrafts among others adding that, his Ministry was playing the facilitator role. Mr. Alhada also touched on concrete measures being taken by government to create a most enabling environment for businesses and investments to thrive well in Niger. Mr. Alhada was speaking recently in Niamey during an audience he granted to members of the…

Equatorial Guinea’s New Minister of Mines & Hydrocarbons Is a Competent Leader Taking the Reins in a Challenging Era — Here’s What Needs to Happen Next

Antonio Oburu Ondo, former Managing Director of national oil company, GEPetrol, has been named Minister of Mines and Hydrocarbons. He is succeeding well-respected leader Gabriel Mbaga Obiang Lima, who assumed the role of Ministry of Economy and Planning. By NJ Ayuk, Executive Chairman, African Energy Chamber Equatorial Guinea’s cabinet has seen a changing of the guard. Antonio Oburu Ondo, former Managing Director of national oil company, GEPetrol, has been named Minister of Mines and Hydrocarbons. He is succeeding well-respected leader Gabriel Mbaga Obiang Lima, who assumed the role of Ministry…