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African News Herald > Blog > Africa > Invest in African Energies’ Role in Unlocking Capital for Africa’s Energy Future – Africa.com
Africa

Invest in African Energies’ Role in Unlocking Capital for Africa’s Energy Future – Africa.com

ANH Team
Last updated: January 16, 2025 1:02 am
ANH Team
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African Energy Week (AEW): Invest in African Energies 2025 is set to take place from September 29 to October 3 in Cape Town, serving as a crucial platform for companies leading innovative projects in Africa’s oil, gas, and renewable energy sectors. The focus of AEW will be on investment and deal-making, bringing together energy stakeholders, project developers, and policymakers to drive capital flows into the continent’s rapidly growing energy industry.

One of the major players driving forward high-impact projects in Africa is TotalEnergies, which is moving ahead with its Final Investment Decision (FID) for the multi-billion-barrel Venus project offshore Namibia. This investment is expected to unlock billions of barrels in reserves, opening up new frontiers for energy exploration in southern Africa. AEW 2025 will provide TotalEnergies with a valuable opportunity to strengthen strategic partnerships with African governments, investors, and energy companies, accelerating new exploration projects across the continent.

ExxonMobil and Eni are also making significant progress in Mozambique’s Rovuma Basin, with ExxonMobil working towards FID on the $30 billion Rovuma LNG development, while Eni is advancing its Coral Norte FLNG project. These initiatives are crucial for Africa’s energy security and will contribute to the continent’s low-carbon transition. AEW will act as a catalyst for further investment in gas monetization projects and the expansion of Africa’s energy portfolio.

In West Africa, Woodside Energy is focusing on the second phase of its Sangomar Field Development offshore Senegal, while Kosmos Energy and bp continue their collaboration on the second phase of the Greater Tortue Ahmeyim LNG project. AEW will facilitate discussions to scale up these transformative ventures, reinforcing West Africa’s growing importance in global energy markets.

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Eni’s diverse portfolio will also be a focal point at AEW 2025, with the company advancing high-profile projects in Ivory Coast, Libya, and the Republic of Congo. In addition, Perenco is driving the $1 billion Cap Lopez LNG terminal in Gabon, while Trident Energy is focused on expanding its asset base in Congo. These ventures are pivotal to Central Africa’s energy development and underscore the crucial role of private sector investment in driving the continent’s energy transformation.

In East Africa, AEW will unpack major developments shaping the region’s energy future, including the East African Crude Oil Pipeline led by TotalEnergies and CNOOC. This project is set to deliver its first oil later this year, unlocking significant economic potential for Uganda and Tanzania. Equinor is also advancing its $40 billion Tanzania LNG project, highlighting the region’s potential as a key energy hub. These projects will take center stage at AEW 2025, gaining international exposure, forging connections with potential partners, and attracting the investment needed to expand energy portfolios across the continent.

As the premier event for Africa’s energy sector, AEW: Invest in African Energies provides a hub for investors and companies to meet and discuss opportunities to enter Africa’s energy market. From large-scale infrastructure projects to oil and gas exploration and renewables, AEW serves as an essential space for securing financing, facilitating partnerships, and navigating Africa’s complex energy landscape. The event’s Deal Room will provide exclusive one-on-one meetings where project developers, private equity firms, and development finance institutions can negotiate deals and close transactions on high-value energy projects.

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AEW: Invest in African Energies has emerged as the official place to sign deals in African energy and is the platform of choice for project operators, financiers, technology providers, and governments. For more information about this exciting event, visit www.AECWeek.com.

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