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African Energy Chamber

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    • African Energy 2024: Surging Investment, Waves of Change (By NJ Ayuk)
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Source: African Energy Chamber |

African Energy 2024: Surging Investment, Waves of Change (By NJ Ayuk)

Capex trends all demonstrate that investors won’t limit themselves to mature fields: Eyes are on fresh locations, fresh facilities, and fresh opportunities in Africa

By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org/). I’ve said for years that African energy is a vital investment. Backers clearly agree — to the tune of USD47 billion. That’s how much capital expenditure (capex) 2024 saw in African oil and gas, showing a 23% increase from last year.…

African Energy Chamber
Source: African Energy Chamber |

The African Energy Chamber (AEC) Endorses Haitham Al Ghais’ Renewal as the Organization of the Petroleum Exporting Countries (OPEC) Secretary General

The African Energy Chamber supports Haitham Al Ghais' renewal as OPEC Secretary General, highlighting his crucial role in strengthening global energy cooperation and advancing the interests of African oil producers

The African Energy Chamber (AEC) (https://EnergyChamber.org/) – as the voice of the African energy sector - wholeheartedly supports the decision to renew Haitham Al Ghais as the Secretary General of OPEC for a further three-year term, effective 1 August 2025. The renewal of Secretary General Al Ghais' mandate was confirmed…

African Energy Chamber

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    • Energy Industry Congratulates John Mahama on Re-election, Commends Progress in Oil and Gas Sector
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Source: African Energy Chamber |

Energy Industry Congratulates John Mahama on Re-election, Commends Progress in Oil and Gas Sector

President John Mahama’s re-election marks a new chapter for Ghana’s thriving oil and gas sector, fueled by bold investments and strategic growth initiatives

The African Energy Chamber (AEC) (www.EnergyChamber.org)– the voice of the African energy sector – extends its warmest congratulations to Ghana’s President John Mahama on his re-election. His victory reflects his leadership, vision and commitment to driving economic growth and advancing Ghana's energy sector.  Under President Mahama’s stewardship, Ghana has achieved…

African Energy Chamber

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    • African Energy Chamber (AEC) to Host Just Energy Transition Masterclass at Suriname Symposium in January 2025
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Source: African Energy Chamber |

African Energy Chamber (AEC) to Host Just Energy Transition Masterclass at Suriname Symposium in January 2025

Taking place from January 27-28 in Paramaribo, SAS 2025 aims to address challenges faced in the country’s energy sector

African Energy Chamber (www.EnergyChamber.org) Executive Chairman NJ Ayuk will lead a Just Energy Transition Masterclass at the Suriname Awareness Symposium (SAS) – taking place January 27-28 in Paramaribo, Suriname. The masterclass will unpack emerging challenges and opportunities created by the global energy transition, outlining strategic measures to prioritize inclusivity, equitability…

African Energy Chamber

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    • ‘Fossil Future’ Just Stop Oil; Fact-Based Case for Natural Gas and Africa’s Development (By NJ Ayuk)
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Source: African Energy Chamber |

‘Fossil Future’ Just Stop Oil; Fact-Based Case for Natural Gas and Africa’s Development (By NJ Ayuk)

Fossil fuel usage has made the average person 50 times less likely to die from a climate-related disaster than they were in the 1 degree C cooler world of the past

By NJ Ayuk, Executive Chairman, African Energy Chamber (www.EnergyChamber.org) Energy expert Alex Epstein is convinced that when presented with the facts about fossil fuels’ positive impacts — not to mention their potential to improve the quality of life for billions of people in the developing world — even the “keep…

African Energy Chamber

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    • Equinor Applauds Angola’s Oil Reforms; The African Energy Chamber (AEC) Backs Vision for Africa’s Energy Future
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Source: African Energy Chamber |

Equinor Applauds Angola’s Oil Reforms; The African Energy Chamber (AEC) Backs Vision for Africa’s Energy Future

Equinor has lauded Angola's Incremental Production Decree, implemented last month, for introducing updated and progressive fiscal terms that enhance the commercial viability of developing oil and gas fields

Norwegian multinational energy firm Equinor has commended Angola’s recent Incremental Production Decree as a landmark reform that enhances the country’s ability to attract oil and gas investments, while boosting production and driving economic growth. The African Energy Chamber (AEC) (https://EnergyChamber.org/), as the voice of the African energy sector, proudly endorses…

African Energy Chamber

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    • The African Energy Chamber (AEC) Supports Africa Energy Bank, Bridging Africa’s Energy Financing Gap
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Source: African Energy Chamber |

The African Energy Chamber (AEC) Supports Africa Energy Bank, Bridging Africa’s Energy Financing Gap

The African Energy Chamber endorses the Africa Energy Bank, a $5 billion initiative by Afreximbank and APPO to address Africa's energy financing gaps, promote energy independence and drive industrial growth

Launched by the African Export-Import Bank (Afreximbank) in partnership with the African Petroleum Producers’ Organization (APPO), the Africa Energy Bank – set to commence operations by March 2025 – represents a bold step towards empowering African nations to take control of their energy future. The African Energy Chamber (AEC) (https://EnergyChamber.org/),…

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    • Namibia’s Cabinet Approves Upstream Local Content Policy, Marking a Turning Point for the Industry
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Namibia’s Cabinet Approves Upstream Local Content Policy, Marking a Turning Point for the Industry

With the nation on track for first oil production by 2029, the local content policy aims to ensure that Namibia’s oil wealth benefits its citizens by integrating local businesses and workforce into the value chain

In a strategic move for the industry, Namibia’s cabinet has approved the National Upstream Local Content Policy. The progressive policy is set to play a crucial role in reducing the nation’s dependency on foreign expertise by focusing on the development of local capacity. Aimed at strengthening economic sovereignty and empowering…

African Energy Chamber

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    • The Fierce Urgency of African Energy Banks (By NJ Ayuk)
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The Fierce Urgency of African Energy Banks (By NJ Ayuk)

The AEC is calling upon African states and the private sector to fund the African Energy Bank, an institution which is focused on funding African energy projects

By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org). For more than a year, the African Energy Chamber (AEC) has been pushing back against steadily building pressure to halt new foreign investments in Africa’s oil and gas industry. To prevent catastrophic climate change, environmental organizations, financial organizations, and governments across…

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    • African Energy Chamber (AEC) Urges Ivory Coast to Continue Being a Home of Oil & Gas (O&G) Investment
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African Energy Chamber (AEC) Urges Ivory Coast to Continue Being a Home of Oil & Gas (O&G) Investment

Ivory Coast is emerging as a key oil and gas player in West Africa, with major projects like Baleine and strong partnerships driving growth and boosting production capacity

Ivory Coast is emerging as a powerhouse in West Africa’s oil and gas industry, driven by a solid regulatory framework, attractive fiscal terms and innovative partnerships. Home to significant hydrocarbon reserves and progressive policies, the country has drawn investments from leading energy companies, cementing its status as a regional hub…