The African Energy Chamber (AEC), known as the voice of the African energy sector, recently held discussions with Equatorial Guinea’s National Council for Economic and Social Development (CNDES) to explore strategic cooperation aimed at maximizing the country’s energy resource potential for socioeconomic growth.
The key points of the discussions focused on local content development, energy financing, oil and gas production optimization, and capacity building. As part of this collaboration, the AEC committed to equipping CNDES staff with modern skills and expertise across the oil and gas value chain.
In line with its mission to eradicate energy poverty in Africa, the AEC reaffirmed its commitment to assisting Equatorial Guinea in attracting new oil and gas investments from international partners. The Chamber is a strong advocate for African markets, including Equatorial Guinea, leveraging oil and gas resources to ensure electricity access and drive industrialization and employment creation.
To further showcase Equatorial Guinea’s energy sector on the global stage, the AEC will actively promote investment opportunities at high-profile industry events, including the Invest in African Energy Forum in Shanghai on March 13, 2025, and the Invest in African Energy: Paris conference from May 13–14, 2025. Additionally, the African Energy Week (AEW): Invest in African Energy event is scheduled from September 29 to October 3, 2025, under the theme “Invest in African Energy: Positioning Africa as the Global Energy Champion.”
With Equatorial Guinea gearing up to launch a new licensing round in 2025 to revitalize its upstream sector, these events serve as ideal platforms to connect international investors with lucrative opportunities in the country.
During the meeting, the AEC and CNDES agreed to collaborate on policy revitalization and financial strategies necessary to attract new capital into Equatorial Guinea’s oil and gas industry. This partnership will help create a conducive investment environment, increase private sector participation, and boost oil and gas production.
Furthermore, as the AEC plans to host AEW: Invest in African Energy alongside the inaugural African Mining Week, collaboration with CNDES will extend beyond hydrocarbons to include promoting Equatorial Guinea’s mineral potential.
The AEC also praised Equatorial Guinea’s efforts to strengthen its position as a key player in both African and global energy markets. As a member of OPEC, Equatorial Guinea plays a crucial role in the regional and global oil market stability, with several international oil and gas firms launching new projects in the country.
Ongoing major projects such as the Gas Mega Hub and the Zafiro Field Expansion are expected to drive the continued growth of Equatorial Guinea’s oil and gas industry.
“Equatorial Guinea represents one of Africa’s most well-established and rapidly growing oil and gas markets. Through our collaboration with CNDES, the AEC remains committed to supporting the country’s ambitious agenda to maximize the growth of its hydrocarbons sector,” stated NJ Ayuk, the Executive Chairman of the AEC.
This article was distributed by APO Group on behalf of the African Energy Chamber.
