Category: English

Source: APO – Report:

MIR Holding (https://MIRHolding.Odoo.com), a global investment group, is exploring potential investments in The Gambia after its Chief Executive Officer, Mouhamad Dieng, held talks with His Excellency President Adama Barrow.

The meeting focused on the role of private investment in supporting economic growth, improving infrastructure and strengthening key productive sectors, as the Gambian government seeks to attract long-term capital to diversify its economy.

MIR Holding identified several sectors of interest, including digital infrastructure and urban infrastructure, real estate and tourism. These sectors are central to The Gambia’s development strategy, given their potential to boost productivity, employment and foreign investment.

According MIR Holding’s guiding principles, any potential investment would be subject to due diligence and structured in close coordination with public authorities and local partners. The group emphasised governance, regulatory clarity and long-term project viability as key criteria in its investment decisions.

Digitalisation was discussed as a cross-cutting priority, with a focus on strengthening digital infrastructure and improving service delivery. Infrastructure development was also highlighted as a prerequisite for enhancing connectivity and supporting private sector growth.

Real estate and tourism were also identified as areas with significant upside potential, particularly projects aligned with global standards and sustainability principles, while responding to local market needs.

“Governance and policy predictability were central to the discussions. Investors require clear regulatory frameworks and institutional stability to commit long-term capital, MIR Holding’s CEO Mouhamad Dieng noted.  

“Public-private dialogue is critical to building investor confidence and this visit to The Gambia is part of MIR Holding’s broader pan-African strategy to expand its footprint across the continent while aligning investments with national development agendas.” He added.

The group operates across investment, real estate, services and infrastructure, and positions itself as a long-term partner rather than a short-term financial investor.

MIR Holding and Gambian authorities are expected to continue technical discussions in the coming months to assess specific project opportunities and partnership structures, the sources said.

– on behalf of MIR Holding.

Press contact :
Elisabeth TINE
Communication officer
contact@brainz-sn.com
Tel. 00 33 843 99 47

About MIR Holding:
MIR Holding is a global investment group with operations across several strategic sectors, including investment, real estate, services and infrastructure. The group focuses on long-term value creation, governance and sustainable impact, working in partnership with public and private stakeholders. MIR Holding aims to contribute to Africa’s economic transformation by developing projects aligned with national priorities and international investment standards.

Source: APO – Report:

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Today, President Abdel Fattah El-Sisi received Minister of Foreign Affairs of the Kingdom of Saudi Arabia, Prince Faisal bin Farhan Al Saud. The meeting was also attended by Minister of Foreign Affairs, Emigration and Egyptian Expatriates, Dr. Badr Abdelatty; Advisor to the Saudi Minister of Foreign Affairs for Political Affairs, Prince Musab bin Mohammed Al-Farhan; as well as Saudi Ambassador to Egypt, Saleh bin Eid Al-Husseini.

Spokesman for the Presidency Ambassador Mohamed El-Shennawy said the President welcomed the Saudi Minister of Foreign Affairs and asked for his greetings to be conveyed to his brother King of the Kingdom of Saudi Arabia, King Salman bin Abdulaziz, and HRH Crown Prince Mohammed bin Salman. President El-Sisi lauded the efforts of the wise Saudi leadership toward achieving development and prosperity in the Kingdom, emphasizing Egypt’s commitment to forging closer cooperation with the Kingdom across various spheres. The President welcomed efforts underway to organize the first meeting of the Egyptian-Saudi Supreme Coordination Council. President El-Sisi underscored the vital need to intensify coordination between Egypt and Saudi Arabia on various issues of mutual interest and the current crises in the region.

For his part, Prince Faisal bin Farhan conveyed the greetings and appreciation of King Salman bin Abdulaziz and HRH Crown Prince Mohammed bin Salman to the President, affirming Saudi Arabia’s commitment to strengthening the firm relations with Egypt and enhancing political consultations between the two brotherly nations.

The meeting focused on an array of regional issues of mutual concern. There was an alignment of the Egyptian and Saudi stances regarding the imperative to reach peaceful solutions to regional crises, in a manner that preserves the unity, sovereignty, and territorial integrity of states, particularly in Sudan, Yemen, Somalia, and the Gaza Strip. President El-Sisi commended the Kingdom’s efforts to host a comprehensive conference bringing together South Yemeni parties for dialogue on the southern Issue.

– on behalf of Presidency of the Arab Republic of Egypt.

Source: APO

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Venezuela enters 2026 amid heightened uncertainty following the detention of the country’s president by the United States and the subsequent announcement by the supreme court that Delcy Rodríguez has assumed the role of Acting President. These developments have placed renewed focus on the importance of institutional continuity and stability at a moment when Venezuela’s economic and energy future hangs in the balance.

For the African Energy Chamber (AEC), stability remains the single most critical requirement for development. Venezuela holds the largest proven oil reserves in the world, a resource base with the potential to transform the country’s economic trajectory, rebuild infrastructure and restore energy security. Realizing this potential, however, will depend on predictable governance, responsible resource management and the creation of mutually beneficial contractual frameworks that encourage long-term investment. At this critical juncture, the AEC calls on the energy industry and the international community to provide maximum support to Acting President Rodríguez, encouraging unity, institutional continuity and a nationally driven development agenda.

“This is the time to continue encouraging everyone to invest in Venezuela. We call on African states and leaders as well as the Global South to give the Acting President and the Venezuelan people support as they determine their future, sovereignty and how they want to proceed,” stated NJ Ayuk, Executive Chairman, AEC.

The AEC has long-held a strong working relationship with both Acting President Rodríguez and Venezuela at large. For her part, Acting President Rodríguez – who also serves as Oil Minister – has long-supported Africa’s right to use its oil resources to better the lives of its people. Under her leadership, the country – through its state-owned PDVSA – has developed strong international ties with Africa. Looking ahead, the Chamber believes that the Global South stands to benefit from continued multilateral, respectful engagement.

Importantly, Venezuela is not isolated from the Global South’s energy dialogue. As a founding member of OPEC, Venezuela has spearheaded the inclusion of African countries in the organization, recognizing their role in stabilizing global energy markets. Meanwhile, as an Honorary Member of the African Petroleum Producers’ Organization, the country has long recognized the value of South-South cooperation, shared technical expertise and collective approaches to resource development. This relationship underscores Venezuela’s alignment with producer nations that view hydrocarbons not as a liability, but as a development tool capable of driving industrialization, energy security and social progress when managed responsibly.

Beyond that, Venezuela continues to lead capacity building programs with African companies and students. The country trains African students, fosters leadership development and opens opportunities for African companies to invest in the country – not only in energy but various other sectors.

For Venezuela, oil remains the backbone of the economy and the most powerful lever available to accelerate recovery. Even after years of decline, hydrocarbons still account for close to 90% of export revenues and more than half of government income, while contributing an estimated 17% to 20% of GDP. Venezuela holds the world’s largest proven oil reserves at approximately 303 billion barrels, representing around 17% of global reserves. At current and projected oil prices, the in-ground notional value of these resources is measured in the tens of trillions of dollars, placing Venezuela among the most strategically significant energy geographies in the world.

Production realities, however, highlight both the scale of the challenge and the opportunity ahead. After collapsing to roughly 300,000 barrels per day (bpd) in 2020, output has recovered to approximately 900,000 to 1.1 million barrels per day as of early 2026. This remains far below the historical peak of 3.4 million bpd reached in the late 1990s, but it demonstrates that Venezuela’s industry is not irreparably damaged. With stable governance, regulatory clarity and sustained investment of around $10 billion per year, production in the country has the potential to reach 2.5 million bpd over the next decade, with a return to peak levels requiring cumulative investment in the range of $80 billion to $100 billion.

The heart of this recovery lies in the Orinoco Heavy Oil Belt, which covers some 55,000 km² and contains nearly 90% of Venezuela’s reserves. Blocks such as Petropiar, Ayacucho and the Zuata Complex anchor current output, though the extra-heavy nature of the crude means that access to dilutants, upgrading capacity and modern technology will be essential. Alongside oil, offshore natural gas presents an important diversification opportunity. Projects such as the Dragon field, estimated to hold more than 4 trillion cubic feet of gas, and the Cocuina-Manakin development near Trinidad offer pathways to monetize gas through regional LNG markets, support power generation and reduce the economy’s overreliance on crude exports.

Infrastructure rehabilitation will be equally critical. Venezuela’s refining system, with nameplate capacity of around 1.46 million bpd, is operating at just 10% to 20% due to decades of deferred maintenance. Pipelines, many of them more than 50 years old, require billions of dollars in upgrades, while the country’s state-owned Petróleos de Venezuela, S.A. estimates total infrastructure needs of roughly $58 billion to restore functionality across the value chain. These investments have the potential to become employment engines and confidence signals that can rapidly improve domestic economy conditions.

International participation, mutually-beneficial investment terms, transparency and local involvement will be indispensable in this process. Existing involvement by companies such as Chevron, which currently produces around 240,000 to 250,000 bpd through joint ventures, illustrates the catalytic role that experienced operators can play. European firms including Eni, Repsol and Shell, alongside service providers such as SLB, Baker Hughes and Halliburton, have maintained a presence focused on asset integrity and selective growth under constrained conditions. By evolving into mutually-beneficial contracts, these relationships can form the backbone of a broader re-engagement by the global energy industry.

“Venezuela sits atop extraordinary natural wealth, and the lesson from Africa is clear: when stability is prioritized and the energy sector is allowed to function responsibly, hydrocarbons can drive recovery, unity and long-term development. The industry and the international community must come together at this critical moment,” concluded Ayuk.

Distributed by APO Group on behalf of African Energy Chamber.

Source: APO

Merck Foundation (www.Merck-Foundation.com), the philanthropic arm of Merck KGaA Germany, conducted the 7^th Edition of Merck Foundation First Ladies Initiative – MFFLI Summit 2025 recently. It was inaugurated by Prof. Dr. Frank Stangenberg-Haverkamp, Chairman of Merck Foundation Board of Trustees, and Senator Dr. Rasha Kelej (Ret.), CEO of Merck Foundation & President of Merck Foundation First Ladies Initiative and H.E. Mrs. RACHEL RUTO E.G.H., First Lady of the Republic of Kenya and Ambassador of Merck Foundation “More Than a Mother” along with First Ladies of Angola, Cabo Verde, Central African Republic, Gabon, The Gambia, Ghana, Liberia, Maldives, Mozambique, Nigeria, São Tomé & Príncipe, Senegal, and Zimbabwe.

Senator Dr. Rasha Kelej (Ret.) expressed, “I was a pleasure meeting my dear sister, H.E. Mrs. RACHEL RUTO E.G.H., First Lady of the Republic of Kenya and Ambassador of Merck Foundation “More Than a Mother” for the 7^th Edition of our Merck Foundation First Ladies Initiative Summit. I am proud to share that provided 244 scholarships for local Kenyan doctors in many critical and underserved specialties like Fertility & Embryology, Oncology, Diabetes, Endocrinology, Preventative Cardiovascular Medicine, Cardiology, Sexual & Reproductive Care, Gastroenterology, Respiratory Medicine, Acute Medicine, Psychiatry, Internal Medicine, Dermatology, Neonatal Medicine, Urology, Pain Management, Critical Care, Rheumatology and more. And around 50% of these scholarships are provided to female healthcare providers which is a great milestone of women empowerment.”

H.E. Mrs. RACHEL RUTO E.G.H., First Lady of the Republic of Kenya, and Ambassador of Merck Foundation “More Than a Mother emphasized, “I am very proud of our partnership with Merck Foundation. Together, we are strengthening and transforming our public healthcare landscape, through the 244 scholarships provided for our doctors. This is an extraordinary milestone that will leave a lasting impact on the quality and accessibility of healthcare across our nation.

Additionally, we are also working together to support girl education by providing annual scholarships to 47 best-performing but underprivileged girls, as a part of Educating Linda program. This is extremely important as Education is the way forward to empower our girls.”

Watch the Speech of The First Lady of Kenya & Ambassador of Merck Foundation More Than a Mother during the Merck Foundation First Ladies Initiative Summit 2025 here: https://apo-opa.co/3LkbX4n

Watch the video of Merck Foundation CEO, Senator Dr. Rasha Kelej (Ret.) receiving H.E. Mrs. RACHEL RUTO E.G.H., First Lady of the Republic of Kenya, and Ambassador of Merck Foundation “More Than a Mother”: https://apo-opa.co/4aK6BK6

On day 2 of the Summit, Merck Foundation First Ladies Initiative- MFFLI committee meeting was conducted between The First Ladies of Africa and Merck Foundation Chairman and CEO, where the African and Asian First Ladies shared the impact report of Merck Foundation programs in their respective countries, and future strategy was discussed.

Watch the video of MFFLI committee meeting: https://apo-opa.co/44UAUdc

Together with Kenya First Lady, Merck Foundation has provided 224 scholarships for young doctors in many critical and underserved specialties. Out of the 244 scholarships:

• 123 scholarships have been provided for one-year PG Diploma and two-year Master degree in Diabetes, Preventative Cardiovascular Medicine, Cardiology and Endocrinology for Kenyan doctors from different provinces across the country.  Upon completion of their training, many Merck Foundation Alumni have gone on to open their own specialized clinics. These experts not only provide much-needed care, but also play a crucial role in raising awareness about the prevention and early signs of diabetes.
• 10 Scholarships have been provided for Oncology to develop and support the cancer care capacity in the country, a very critical speciality considering the increasing number of the cancer patients in the country and the continent.
• 46 scholarships have been provided for Fertility, Embryology, and one-year PG Diploma and two-year Master degree in Sexual and Reproductive Medicine, as a part of “Merck Foundation More Than a Mother” Campaign.
• Moreover, 64 Scholarships of one-year Online PG Diploma and two-Year Master degree provided in many other critical and underserved specialties like Gastroenterology, Respiratory Medicine, Acute Medicine, Psychiatry, Internal Medicine, Dermatology, Neonatal Medicine, Urology, Pain Management, Critical Care, Rheumatology and more, as part of their Capacity Advancement Program.

Overall, Merck Foundation has so far provided 2500 scholarships for healthcare providers from 52 countries in 44 underserved medical specialties.

“We have always believed in the importance of building healthcare capacity and have been working for it since 2012. We will continue to build and enhance healthcare capacity in the Kenya and the rest of the Africa and beyond”, added Dr. Rasha Kelej.

Merck Foundation has also conducted 3 editions of their Online Health Media Training, to emphasize on the important role of media to address these critical social and health issues and be the voice of the voiceless.

Moreover, Merck Foundation also announced the Call for applications for their 8 important awards in partnership with The First Lady of Kenya for Media, Musicians, Fashion Designers, Filmmakers, students, and new potential talents in these fields.

Moreover, in partnership with The First Lady of Kenya, Merck Foundation has also launched seven children’s storybooks, “More Than a Mother”, “Educating Linda”, “Jackline’s Rescue”, “Not Who You Are”, “Ride into the Future” and “Sugar free Jude”, and “Mark’s Pressure”. The storybooks address various social and health issues like breaking infertility stigma, supporting girl education, stopping GBV, diabetes and hypertension awareness. The storybooks will soon also be launched in Swahili language.

The 7^th Edition of Merck Foundation First Ladies Initiative was streamed live on the social media handles of Merck Foundation and Senator Dr. Rasha Kelej (Ret.), CEO of Merck Foundation:

@ Merck Foundation: Facebook (https://apo-opa.co/4jqMtib), X (https://apo-opa.co/4jtCsB0), Instagram (https://apo-opa.co/4jttm7t), and YouTube (https://apo-opa.co/49hHjAt).

@ Rasha Kelej: Facebook (https://apo-opa.co/44YNHLH), X (https://apo-opa.co/3LkioEy), Instagram (https://apo-opa.co/4aJg8B9), and YouTube (https://apo-opa.co/4aJNHCZ).

Merck Foundation is transforming the Patient care landscape and making history together with their partners in Africa, Asia, and beyond, through:

• 2500 Scholarships provided by Merck Foundation for healthcare providers  from 52 Countries in more than 44 critical and underserved medical specialties.  

Merck Foundation is also creating a culture shift and breaking the silence about a wide range of social and health issues in Africa and underserved communities through:

• 3700+ Media Persons from more than 35 countries trained to better raise awareness about different social and health issues

• 8 Different Awards launched annually for best media coverage, fashion designers, films, and songs

• Around 30 songs to address health and social issues, by local singers across Africa

• 8 Children’s Storybooks in three languages – English, French, and Portuguese

• 7 Awareness Animation films in five languages – English, French, Portuguese, Spanish and Swahili to raise awareness about prevention and early detection of Diabetes & Hypertension and supporting girl education.

• Pan African TV Program “Our Africa by Merck Foundation” addressing Social and Health Issues in Africa through “Fashion and ART with Purpose” Community.

• 1200+ Scholarships provided annually to high performing but under-privileged African schoolgirls from 18 countries, to help them to complete their studies and empower them to reach their full potential.

• 15 Social Media Channels with more than 8 Million Followers.

Distributed by APO Group on behalf of Merck Foundation.

Contact:
Mehak Handa
Community Awareness Program Manager 
Phone: +91 9310087613/ +91 9319606669
Email: mehak.handa@external.merckgroup.com

Join the conversation on our social media platforms below and let your voice be heard!
Facebook: https://apo-opa.co/4jqMtib
X: https://apo-opa.co/4jtCsB0
YouTube: https://apo-opa.co/49hHjAt
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Website: www.Merck-Foundation.com
Download Merck Foundation App: https://apo-opa.co/44UJF7d

About Merck Foundation:
The Merck Foundation, established in 2017, is the philanthropic arm of Merck KGaA Germany, aims to improve the health and wellbeing of people and advance their lives through science and technology. Our efforts are primarily focused on improving access to quality & equitable healthcare solutions in underserved communities, building healthcare & scientific research capacity, empowering girls in education and empowering people in STEM (Science, Technology, Engineering, and Mathematics) with a special focus on women and youth. All Merck Foundation press releases are distributed by e-mail at the same time they become available on the Merck Foundation Website.  Please visit www.Merck-Foundation.com to read more. Follow the social media of Merck Foundation: Facebook (https://apo-opa.co/4jqMtib), X (https://apo-opa.co/4jtCsB0), Instagram (https://apo-opa.co/4jttm7t), YouTube (https://apo-opa.co/49hHjAt), Threads (https://apo-opa.co/4qgDpPF) and Flickr (https://apo-opa.co/49h5ZsY).

The Merck Foundation is dedicated to improving social and health outcomes for communities in need. While it collaborates with various partners, including governments to achieve its humanitarian goals, the foundation remains strictly neutral in political matters. It does not engage in or support any political activities, elections, or regimes, focusing solely on its mission to elevate humanity and enhance well-being while maintaining a strict non-political stance in all of its endeavors.

Source: APO

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By NJ Ayuk, Executive Chairman, African Energy Chamber (https://EnergyChamber.org).

Two breakthrough offshore discoveries in Namibia in 2022 — one by Shell and one by TotalEnergies — marked an important milestone for the country’s future energy landscape and for Africa’s broader upstream ambitions.

The excitement generated by high-impact discoveries creates a ripple effect that benefits the entire continent. I’m convinced that the ongoing interest we’re seeing today in African exploration and production (E&P) stems in part from the major discoveries in Namibia, alongside recent successes in Côte d’Ivoire, Angola, and Egypt.

When you factor in advances in E&P technology, the promise of newly emerging basins, and the continued strength of Africa’s established producing regions, there are genuine reasons to feel confident about the future of African oil and gas.

That sentiment is reflected in the African Energy Chamber’s 2026 Outlook Report, “The State of African Energy,” which projects renewed momentum in the continent’s upstream market during the next several years. According to the report, global E&P capital expenditure (capex) is forecast to reach approximately USD504 billion by 2026, with Africa contributing about USD41 billion.

Africa’s hydrocarbon production is expected to remain stable at roughly 11.4 million barrels of oil equivalent per day (boe/d) through 2026, and new projects are on track to increase output toward 13.6 million boe/d by 2030.

Yes, the report acknowledges that optimism is being tempered by caution. Keen to protect their balance sheets, investors are scrutinizing opportunities closely. But overall, the potential for sustained upstream expansion is truly promising for African states with petroleum reserves. The key will be doing as much as possible to attract the capital needed to pursue the next wave of discoveries.

Frontier and Emerging Basins Signal Strong New Potential

As investors weigh their options, the most compelling signs of progress are coming from Africa’s frontier and emerging basins.

In Namibia’s Orange Sub-Basin, where more than 6 billion boe have been discovered in less than four years, operators are preparing the next wave of high-impact wells. Côte d’Ivoire, meanwhile, is seeing a surge of activity around its recent deepwater finds.

Egypt, which already has long history as a producing state, is experiencing fresh momentum in underexplored offshore acreage. Earlier this year, drilling in the Herodotus Basin confirmed gas at the Nefertari-1 well.

Even in Libya, where hydrocarbons have been produced for decades, frontier acreage remains. BP and Eni aim to spud the Matsola-1 ultra-deepwater gas prospect later this year. If it delivers, the well could pave the way for deeper Sirte Basin exploration and reduce geological risk across the broader Gulf of Sirte.

“The continent continues to offer up new frontiers, all of which may draw exploration capital,” our Outlook report notes. “Places to keep an eye on are the ultra-deepwater portion of the Congo Fan in Angola, the Gabon–Douala Deep Sea Basin offshore São Tomé and Príncipe, the Namibe Basin in Namibia and Angola, the Herodotus Basin offshore Egypt and the offshore portion of the Sirte Basin.

“Others that have already played host to exploration cycles may still present significant opportunities in a similar fashion to the Côte d’Ivoire–Tano Basin. One example is the MSGBC Basin, where over 9.5 Bboe was discovered between 2014 and 2019, but which is still viewed as immature in terms of exploration.”

Still, prospects alone are not enough. To translate discoveries into development, Africa must confront the operational and investment challenges that stand in the way.

Data, Imaging, and a New Era of African Prospecting

As encouraging as the upstream outlook is, Africa’s geology remains complex, and that complexity can shape how and where companies invest. In parts of West Africa, for example, thick layers of salt can distort seismic signals and make it difficult to identify potential reservoirs with confidence. And in the far south, strong offshore currents can interfere with seismic acquisition itself, degrading data quality and forcing operators to invest in more advanced imaging and noise-reduction technologies.

But as our Outlook report notes, technology is starting to change these dynamics. “Recent advancements in seismic acquisition, processing technologies, and drilling capabilities have enabled exploration efforts over the past decade to target more intricate prospects at greater depths in Africa as elsewhere,” it states.

These advances have been helping oil and gas companies de-risk prospects once considered too complex or too costly to pursue.

Emmanuelle Garinet, TotalEnergies’ vice president for exploration in Africa, has pointed to Namibia as a prime example of how high-resolution seismic imaging and advanced subsurface modeling can reshape exploration strategies. She noted that the company’s decision to drill the Venus prospect — which lies within the Namibian portion of the Orange Sub-Basin — was possible because the technical data provided enough confidence to reduce uncertainty ahead of drilling. The results validated that choice: the 2022 Venus-1 discovery, estimated at 1.5 to 2 billion barrels of recoverable oil, stands as the largest ever made in sub-Saharan Africa. Its scale has reshaped expectations for what may still be unlocked across the Orange Sub-Basin.

The trend is also visible offshore Angola, where better subsurface imaging and advanced drilling systems are opening deepwater and ultra-deepwater opportunities in heavily salt-influenced geology. Azule Energy aims to drill the Kianda prospect in late 2025. If the ultra-deepwater test succeeds, it could pave the way for exploration across a vast area — more than 30,000 square kilometers — previously viewed as high risk.

The Capital Challenge: Competing for Global Investment

But geological complexity isn’t the only factor shaping investment decisions. Political and security challenges persist in several countries — among them Nigeria, Mozambique, and the Democratic Republic of the Congo — and can materially affect both operations and capital flows. Add to that the lack of clarity around monetization and industrialization pathways, and it becomes clear why some investors remain cautious.

The Outlook report notes that upstream capital spending in Africa has risen consistently over the past three years as the sector recovers from the pandemic-related lows of 2020. Even so, worldwide investment growth has not kept pace with the strong cash flows generated by upstream operations. Analysts from firms like Wood Mackenzie and Deloitte all describe the same pattern: Companies are channeling a significant share of their cash flow into dividends, buybacks, and debt reduction instead of chasing growth at any cost.

In short, Africa is competing for capital at a time when global investors are more disciplined than ever.

In this environment, African states cannot simply assume that interest in our geology will translate into final investment decisions. We must move quickly to capitalize on today’s E&P appetite by reducing above-ground risks, providing clear monetization and industrialization pathways, and building stable, predictable frameworks that give investors the confidence to commit for the long term.

The window of opportunity is open, but it will not stay open forever.

“The State of African Energy: 2026 Outlook Report” is available for download. Visit https://apo-opa.co/4aKVLn1 to request your copy.

Distributed by APO Group on behalf of African Energy Chamber.