Why Big Tech Could Become Nigeria’s New Gas Partner

Source: APO


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The global artificial intelligence race is rapidly becoming an energy race. As companies like Microsoft, Amazon, Google and Oracle expand hyperscale data centers to support AI workloads, electricity has become one of the industry’s biggest constraints. Across the United States and Europe, tech firms are now signing long-term power agreements, financing dedicated generation assets and partnering directly with energy companies to secure reliable supply.

That same model could soon reshape Nigeria’s gas industry. AI data centers require enormous and continuous power loads. Unlike traditional cloud infrastructure, AI-focused facilities operate at significantly higher rack densities and consume vastly more electricity due to GPU-intensive computing. In March 2026, Google announced plans to commit 2.7 GW of power capacity for a major AI-related data center project in the U.S. – roughly equivalent to the electricity demand of two million homes.

This shift is forcing technology firms to think like energy companies. Last month, Microsoft, Chevron and Engine No. 1 signed an exclusivity agreement to build 2.5 GW of gas-fired generation in West Texas to support Microsoft’s AI expansion. The economics are straightforward: without reliable electricity, AI infrastructure cannot scale.

Nigeria offers a compelling solution. The country holds more than 200 trillion cubic feet of proven natural gas reserves – the largest in Africa – yet remains underpowered and digitally underserved. At the same time, Nigeria’s digital economy is expanding rapidly, fueled by a population expected to exceed 400 million by 2050, rising internet penetration and accelerating cloud adoption.

“No one questions Microsoft’s balance sheet. That changes the financing equation for Nigerian gas,” said NJ Ayuk, Executive Chairman of the African Energy Chamber. “For the first time, African gas projects can potentially be underwritten by companies whose energy demand is as large and as strategic as entire industrial sectors.”

The missing piece is infrastructure. Africa currently accounts for just 0.6% of global data center capacity despite representing nearly 20% of the world’s population. Nigeria is now attempting to close that gap. According to industry estimates, the country had 21 operational data centers by early 2026, with nearly one billion dollars in new AI-ready facilities under development.

Critically, many of these projects are already converging around gas-powered infrastructure.

In March 2026, Tetracore Energy Group announced plans for a $400 million, 20 MW gas-powered data center in Ogun State in partnership with Huawei and Inspirive Technologies. The facility will be supported by a dedicated 100 MW on-site gas-fired power plant – a model increasingly viewed as necessary in markets where grid reliability remains inconsistent.

Historically, financing domestic gas infrastructure in Nigeria has been difficult due to concerns around payment security, offtake risk and inconsistent industrial demand. Hyperscale technology firms change that equation. Long-term gas supply agreements backed by investment-grade global companies could provide the predictable revenue streams needed to unlock financing for pipelines, processing facilities and embedded generation projects.

Instead of waiting for nationwide grid reform, Nigeria could see the emergence of privately financed gas-to-power corridors anchored by data centers, industrial parks and cloud infrastructure campuses.

Beyond energy, large-scale hyperscale investment would accelerate fiber deployment, strengthen cloud sovereignty, support fintech expansion and reduce reliance on overseas data hosting. It could also position Nigeria as West Africa’s primary AI and digital infrastructure hub at a time when global technology firms are searching for new growth markets.

Importantly, gas offers something renewables alone currently cannot guarantee for AI infrastructure in emerging markets: stable baseload power. While solar and battery systems will play a growing role, hyperscale operators prioritizing uptime and latency continue to favor dispatchable energy solutions for mission-critical facilities.

As discussions intensify around the upcoming AI and Data Center Track at African Energy Week 2026, one message is becoming increasingly clear: the future of African gas may not only be industrialization or LNG exports. It may also be powering the global AI economy. And in that future, Big Tech may become one of Nigeria’s most important energy partners yet.

Distributed by APO Group on behalf of African Energy Chamber.

African Energy Chamber (AEC)-Venezuela Alliance Accelerates Pathways into South-South Energy Expansion

Source: APO


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The African Energy Chamber (AEC) (https://EnergyChamber.org) and Venezuela have intensified coordination through high-level engagements in Brazzaville and Caracas, building on a structured cooperation roadmap linking the African Petroleum Producers’ Organization (APPO), Petróleos de Venezuela (PDVSA) and Venezuelan diplomatic channels. The most recent meetings confirmed Venezuela’s formal status as a strategic non-African observer within APPO, expanding technical exchanges and policy alignment with African national oil companies (NOCs).

These developments underline a wider AEC strategy to integrate African energy institutions into global upstream markets while supporting long-term energy access goals. Through coordinated investment frameworks, knowledge transfer and join project pipelines, the Chamber is positioning African operators and financiers to participate in Venezuela’s oil and gas rehabilitation while reinforcing South-South energy cooperation and industrial capacity expansion.

Earlier this month in Brazzaville, the AEC engaged APPO and Venezuelan Ambassador Laura Suarez to deepen regulatory coordination and accelerate the African Energy Bank framework. Discussions centered on technical cooperation, upstream financing mechanisms and Venezuela’s observer role in APPO, reinforcing structured collaboration between African producers and Venezuela’s petroleum institutions for long-term project execution.

In March 2026, Venezuela sent a delegation to Cape Town for reciprocal engagement with the AEC following the Caracas mission. Led by Deputy Minister of Hydrocarbons Aruro Gil and Ambassador Carlos Feo Acevedo, the meetings focused on execution timelines for executive training, investment matchmaking and technical education programs tied to the agreements arranged in Caracas in February and emerging production participation contracts.

The AEC conducted its main working mission in Caracas in February this year, signing a landmark MoU with PDVSA and Venezuela’s energy ministries. AEC Executive Chairman NJ Ayuk met Acting President Delcy Rodriguez to align on upstream recovery, modular gas development and regulatory reform, establishing a structured cooperation framework covering investment promotion, technology transfer and workforce development.

Venezuela’s upstream system remains anchored by the Orinoco Belt, which holds roughly 303 billion barrels of extra-heavy crude and around 195 trillion cubic feet of gas. These resources sit across mature infrastructure-constrained basins requiring intensive upgrades, blending and diluent systems, making them structurally suited to long-term partnerships rather than short-cycle production models.

For African stakeholders, the commercial logic sits in shared capability gaps. African NOCs, service companies and financiers bring expertise in marginal field redevelopment, offshore engineering and modular LNG systems, aligning with Venezuela’s need for rapid well workovers, refinery rehabilitation and gas monetization. This creates a framework where technical execution, not just capital, becomes the binding constraint.

The AEC’s cooperation model emphasizes structured investment entry points through production participation contracts, joint ventures and export-linked financing structures. These mechanisms are designed to improve bankability by giving operators clearer export rights, pricing frameworks and operational autonomy, while maintaining state ownership of reserves. For African investors, regulatory predictability and contract durability are central to long-term participation.

At the institutional level, the partnership is increasingly framed around continuity, coordination and trust. African and Venezuelan stakeholders are prioritizing stable engagement channels, technical exchanges and joint planning rather than transactional deals. This includes coordinated training pipelines, shared data rooms and aligned upstream development strategies, reinforcing a broader South-South approach to energy security, capital mobilization and industrial resilience.

“The future of African energy lies in partnerships that respect sovereignty while unlocking shared value across borders. Venezuela represents a historic opportunity to align African capital, expertise and ambition with one of the world’s largest hydrocarbon endowments. Together, we are building a model where energy development directly translates into energy access, industrial growth and long-term prosperity,” says Ayuk.

The AEC-Venezuela partnerships signals a longer-term shift toward South-South energy integration, where coordinated investment, technical exchange and stable policy frameworks unlock production growth, capital flows and shared industrial development.

Distributed by APO Group on behalf of African Energy Chamber.

World Health Organization (WHO) chief calls for ceasefire amid Democratic Republic of the Congo (DRC) Ebola outbreak

Source: APO


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The Director-General of the World Health Organization (WHO) headed to the Democratic Republic of the Congo (DRC) on Thursday as the country continues to combat a deadly resurgence of Ebola in its volatile eastern region where instability is rife. 

Ahead of his arrival, Tedros Adhanom Ghebreyesus appealed to armed groups to declare a ceasefire so that health workers can reach people and halt spread of the disease. 

Since 15 May, UN agencies have been supporting the DRC and neighbouring Uganda to contain the outbreak caused by the rare Bundibugyo strain of the Ebola virus, for which there is no treatment. 

As of Wednesday, there were more than 900 suspected cases, 105 confirmed cases and 10 confirmed deaths in the DRC, while Uganda reported seven confirmed cases and one death. 

‘We are committed’ 

In a message to the people of DRC, particularly those in Ituri province – the epicentre of the crisis -Tedros underscored WHO’s solidarity. 

“We are working under the leadership of the Government of DRC, together with all relevant partners, united around one goal: to stop this outbreak and protect your communities,” he wrote.  

“No one is working alone. No one is working at cross purposes. We are coordinated, we are committed, and we are here.” 

Similar challenges 

This marks the 17th time that the DRC is facing Ebola since the virus was first discovered in 1976.  The largest outbreak – which spread across North Kivu, South Kivu and Ituri provinces – took place from 2018 to 2020. 

“Ebola is not new to me personally,” Tedros said, as during that epidemic he made 14 visits to North Kivu, the epicentre of that particular outbreak – “one of the most complex in history”. 

It unfolded amid armed conflict that sparked displacement and disrupted supply routes, with “health workers operating under constant threat”. At the same time, “mistrust ran deep,” he recalled.  

Heavy burden in Ituri 

Tedros noted that such challenges are not so different today in Ituri, where some 90 per cent of cases have been reported, with smaller numbers in the Kivus. He underscored the burden the people of the province are bearing. 

“You are already carrying so much: malaria, hunger, insecurity, and the daily struggle to keep your families safe. And now Ebola,” he said.  “It is not fair, and I will not pretend otherwise.” 

He highlighted the vital role of young people, urging them to talk to their friends and families and share what they know about Ebola in efforts to “help break the fear and the silence that allow this virus to spread.” 

Support for health workers 

Tedros also had a message for health workers in Ituri, who are “the backbone of this response.” WHO stands with them and is working to get the support they need. 

He acknowledged regional instability, where “conflict and displacement make everything harder, including reaching people who need care and keeping health workers safe.” 

Speaking frankly, Tedros said “this is one of our greatest challenges. We cannot do this work if those who are trying to help are prevented from doing so or put in danger,” adding that WHO is working closely with all relevant partners to reach communities. 

Ceasefire appeal 

“That is why today I am making a direct appeal to all warring parties in this region: please, declare a ceasefire. Even briefly. Even just enough to let health workers through,” he said. 

“People are dying from Ebola who do not have to die. Children are sick. Families are suffering. No cause, no conflict, no grievance is worth condemning innocent people to death from a preventable disease.” 

He stressed that “a ceasefire, even a temporary one, would save lives. I urge you, I implore you: give us the space to help the people who need it most.” 

Anger and mistrust 

Tedros also addressed the issue of anger and mistrust in some communities, saying he understands why. 

“Trust must be earned, it cannot be assumed,” he said. “We have not always done things correctly. But I promise you, we are here to learn as much as we are here to help.”  

He explained that most previous Ebola outbreaks in the DRC were caused by the Zaire virus strain, which can be treated.    

‘There is much we can do together’ 

Although no approved vaccines or treatments are currently available for the Bundibugyo strain, “there is much we can do together to prevent the spread of this virus and save lives,” he insisted. 

“Early supportive care in our treatment centres can make a real difference,” he said. “Coming forward early can make the difference between life and death. And everything we do, we will do with you.” 

Tedros noted that WHO teams are already on the ground and will stay there for as long as necessary.  

“And when this outbreak is over, we will not quietly disappear,” he said. “We will not forget you. We will stay, and we will keep working with you to build health systems that protect every person in every community.” 

Distributed by APO Group on behalf of UN News.

Hear Us, Act Now – United Nations Mission in South Sudan (UNMISS) launches youth-led campaign for peace in Juba

Source: APO


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With one of the world’s youngest populations, youth in South Sudan are disproportionately impacted by conflict, losing their lives as well as access to education, health services, and professional opportunities.

To empower youth in the pursuit of peace, the United Nations Mission in South Sudan launched a campaign leveraging a global United Nations-led advocacy effort under the theme ‘Hear Us, Act Now’ that aims to give voice to youth.

Not just a mere get-together but a symbol of unity, the launch at the University of Juba was attended by around 150 students, youth, women, civil society representatives, academics, traditional authorities, and elders who participated in a vibrant conglomeration of debate, poetry, and music.

Youth leader, Babur Sokiri, used the event as an opportunity to denounce violence and turn a new page of peace and tranquility in his suburbs:

“As all of my community, I’ve lived in darkness for ages, so I want to testify to you that I have now decided to leave my old self and be a positive agent from now on.”

He urged the government and other organizations to create employment opportunities for young people, build recreational centers, and provide vocational training initiatives to reduce destructive behaviors.

Joining these sentiments, youth leader Mark Andaria emphasized that peace can only thrive in the absence of tribalism, hunger, and disease:

“We just need basic necessities to live in peace. It’s human nature that where essentials such as food, water, safety, and security are plenty, communities will be peaceful, and the youth are likely to shun violence.”

Senior UNMISS officials and authorities highlighted the importance of young people shaping a better future for themselves and their country.

“Too often, youth are excluded from political and peace processes which are the very spaces where solutions are shaped. Yet, they represent the country’s greatest hope for a successful transition from conflict to peace as a generation that has a real stake in building a better future for everyone,” said Mike Dzakuma, UNMISS Deputy Director of Civil Affairs.

Jacob Gore Samuel, Central Equatoria State’s Minister of Peacebuilding, stressed that young people are, not just leaders of tomorrow, but already protectors of today during many community conflicts.

“This campaign is the right platform to explicitly voice your concerns, explore ideas, and take practical actions to promote respect, unity, and understanding among our diverse ethnicities. Choose dialogue over fighting and love over hate,” he emphasized.

“Peace is not only the absence of war but the presence of justice, equality, cooperation, and willingness to help one another,” declared the Minister.

Concluding the dynamic and diverse exchanges, Maria Nyataba, a youth representative from a camp for displaced persons, urged her counterparts at all levels of society to resist participation in intercommunal feuds, and advance grassroots peace efforts:

“Strong peace must have fixed roots and foundation at the grassroot levels. If national politics foster divisions, resist them, and come together instead to build a peaceful society. It’s up to us to build brighter futures.”

Distributed by APO Group on behalf of United Nations Mission in South Sudan (UNMISS).

Government publishes Sovereign Use of Proceeds Framework

Source: Government of South Africa

Government publishes Sovereign Use of Proceeds Framework

National Treasury has announced the publication of its Sovereign Use of Proceeds Framework, together with the accompanying Second Party Opinion. 

The Framework establishes the basis for the potential issuance of thematic sovereign funding instruments, including green bonds. 

“The publication of the Framework underscores the National Treasury’s commitment to developing South Africa’s sustainable finance market and mobilising capital towards economic growth and climate resilience.”

It has been developed with the support of Rand Merchant Bank and J.P. Morgan, together with their empowerment partners Theza Capital and Capital Link.

It defines eligible categories, governance arrangements, and reporting principles for useof-proceeds instruments aligning with international sustainable finance principles.

Any issuance under the Framework remains subject to internal readiness processes, including confirmation of a robust pipeline of eligible expenditures, operational reporting systems, and the establishment of appropriate governance structures.

Subject to these conditions, National Treasury may consider issuing ZAR- and USD-denominated instruments in line with its broader funding strategy, market conditions, and investor demand. 

National Treasury also intends to expand the Framework to accommodate sustainability-linked financing, providing flexibility to access both project-based and target-linked instruments over time

The Use of Proceeds Framework and the accompanying Second-Party Opinion are available on the National Treasury’s Investor Relations website: https://investor.treasury.gov.za/Publications/Sustainable%20Finance%20Frameworks/

SAnews.gov.za

 

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Deputy President on working visit to India to drive investment

Source: Government of South Africa

Deputy President on working visit to India to drive investment

Deputy President Paul Mashatile is undertaking a working visit to the Republic of India to engage with business leaders and investors and attract more investment for both countries.

“South Africa and India enjoy a long-standing relationship based on shared history, cultural ties, and a common vision of the world through a principled approach to non-alignment and support for the development of the Global South through the promotion of South-South partnerships,” the Presidency said.

Both South Africa and India are represented in many multilateral formations that promote this commitment to the development of the Global South.

These include membership of the Non-Aligned Movement (NAM), BRICS, the India, Brazil, and South Africa Dialogue Forum, Group Twenty (G20), and the Indian Ocean RIM Association.

The working visit will take place from 29 May 2026 to 3 June 2026. This will be Deputy President Mashatile’s second visit to India.

The last official visit by a South African Head of State took place in January 2019, when President Cyril Ramaphosa was the chief guest at India’s Republic Day celebrations.

“Through this working visit, Deputy President Mashatile is expected to strengthen bilateral relations with business leaders and investors from India through a roundtable discussion aimed at attracting more investment for both countries,” the Presidency said.

Deputy President Mashatile will be accompanied by the Minister of Health, Dr Aaron Motsoaledi; the Minister of Small Business Development, Stella Ndabeni; the Deputy Minister of International Relations and Cooperation, Thandi Moraka; the Deputy Minister of Science, Technology and Innovation, Dr Nomalungelo Gina; and the Deputy Minister of Communications and Digital Technologies, Mondli Gungubele. –SAnews.gov.za

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L’Angola a réécrit les règles de l’investissement pétrolier – les autres producteurs africains devraient en prendre bonne note

Source: Africa Press Organisation – French


Le secteur pétrolier angolais a démontré comment les réformes peuvent transformer un marché au bord d’un déclin rapide en une industrie capable d’attirer des milliards de dollars d’investissements. Le dernier ouvrage de NJ Ayuk, intitulé Crude Oil: Power, Turnaround, and Transformation in Angola, explore cette transition en examinant comment des politiques ciblées, des réformes structurelles et un leadership stratégique ont redressé le marché et mis l’Angola sur la voie de la croissance, de la diversification et de la résilience.

Sous la direction du président João Manuel Gonçalves Lourenço et de Diamantino Pedro Azevedo, ministre des Ressources minérales, du Pétrole et du Gaz, le pays s’est lancé dans une refonte complète du secteur. Aujourd’hui, la production se stabilise, les investissements augmentent et l’industrie pétrolière angolaise entre dans son ère la plus ambitieuse à ce jour. Pour les autres marchés pétroliers d’Afrique, le redressement de l’Angola offre des enseignements importants aux pays qui cherchent à revitaliser leur production grâce à des réformes axées sur les investisseurs et à des politiques stratégiques.

Restructuration du secteur

La capacité de l’Angola à freiner le déclin de la production a été largement attribuée aux changements mis en œuvre au niveau structurel. Lorsque le président Lourenço est entré en fonction en 2017, son administration s’est attachée à relever les défis qui avaient miné l’industrie pétrolière au fil des ans : le manque d’exploration et de transparence. Le gouvernement a mis en place un régulateur en amont (l’ANPG) et restructuré la compagnie pétrolière nationale Sonangol.

L’ANPG a été chargée de superviser le secteur, améliorant ainsi la sécurité juridique, la clarté des procédures et les processus d’octroi de licences, tandis que Sonangol a pu se concentrer sur ses activités en tant qu’opérateur. En conséquence, Sonangol a pu élargir son portefeuille, collaborer plus étroitement avec des partenaires internationaux et prendre des mesures en vue d’une future introduction en bourse. De son côté, l’ANPG a lancé une stratégie pluriannuelle d’octroi de licences, visant 60 concessions, dont 40 ont été attribuées à ce jour.

La flexibilité attire les capitaux

La flexibilité a été un moteur d’investissement important en Angola. Dans le cadre des efforts visant à attirer des capitaux en période de volatilité des marchés, le gouvernement a mis en place son régime d’offre permanente en 2021, permettant au pays de promouvoir et de négocier de manière proactive des concessions en dehors des structures d’octroi de licences traditionnelles. Les blocs en offre permanente restent en permanence disponibles pour les entreprises qui souhaitent soumissionner, même après la clôture d’un cycle. Rien qu’entre 2021 et 2023, 27 blocs ont été attribués dans le cadre de ce régime.

Le pays est allé encore plus loin en introduisant des politiques ciblant les gisements marginaux et la production supplémentaire. Destinées à encourager le développement de gisements jugés moins attractifs sur le plan économique, les opportunités liées aux gisements marginaux ont créé des perspectives d’investissement pour les petits indépendants, diversifiant ainsi l’offre d’investissement du pays et soutenant une croissance plus large de la production.

Le décret sur la production supplémentaire, lancé en 2024, soutient le réinvestissement dans les actifs matures. Ayuk note que ce décret pourrait permettre de récupérer jusqu’à 500 millions de barils de pétrole supplémentaires tout en prolongeant la durée de vie des gisements matures de 20 ans maximum. ExxonMobil a réalisé la première découverte dans le cadre de ce décret en 2024, au puits Likember-01 du bloc 15.

La diversification comme priorité stratégique

Le succès de l’Angola dans la revitalisation de son industrie des hydrocarbures ne tient pas uniquement à l’expansion pétrolière, mais à sa capacité à faire du gaz naturel une priorité stratégique. Avec 11 000 milliards de pieds cubes de ressources gazières, le pays a mis à profit les réformes pour attirer des investissements dans l’ensemble de la chaîne de valeur émergente du gaz, soutenant ainsi la transition de la production de gaz associé vers le développement de gaz non associé.

Alors que les usines d’Angola LNG sont opérationnelles depuis 2012, les incursions dans le développement non associé devraient renforcer l’approvisionnement en matière première, stimuler les exportations et consolider le marché gazier national. La loi sur la monétisation du gaz (2018) et le Plan directeur du gaz (2025) ont constitué la pierre angulaire de cette transition, en offrant un cadre clair pour l’investissement sur le marché. Depuis la mise en place de ces politiques, le New Gas Consortium a mis en service le premier projet gazier non associé du pays en 2026, tandis qu’Azule Energy a réalisé la première découverte de gaz dédiée dans le bloc 1/14.

Expansion en aval et l’IRDP

Le redressement de l’Angola dépasse le secteur amont, son engagement à renforcer son marché en aval offrant des leçons importantes aux producteurs africains. La production s’étant stabilisée, le pays s’est attaqué à son prochain défi : le raffinage. Bien qu’il produise plus d’un million de barils par jour, l’Angola importe 70 % de ses produits pétroliers.

Pour y remédier, le gouvernement a créé l’Instituto Regulador dos Derivados do Petróleo et défini des objectifs visant à développer trois nouvelles installations en plus de l’usine opérationnelle de Luanda – notamment à Cabinda (opérationnelle depuis 2025), Lobito (à la recherche de financements) et Soyo (en préparation). Ces mesures reflètent la stratégie plus large de l’Angola : capter davantage de valeur au niveau national tout en réduisant la dépendance à long terme vis-à-vis des carburants importés.

« L’Angola a prouvé que les marchés pétroliers africains ne déclinent pas parce que les ressources disparaissent : ils déclinent lorsque les politiques deviennent rigides, que les institutions s’affaiblissent et que les investisseurs perdent confiance. Ce que l’Angola a accompli grâce à la réforme, à la flexibilité et à la volonté politique est une leçon pour tous les pays producteurs d’Afrique : si vous créez un environnement concurrentiel, les capitaux afflueront, les projets avanceront et la production pourra se redresser », déclare Ayuk.

Achetez votre exemplaire du livre ici – https://apo-opa.co/4vk0G5x

Distribué par APO Group pour African Energy Chamber.

Angola Rewrote the Rules for Oil Investment – Other African Producers Must Take Notes

Source: APO


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Angola’s oil sector has demonstrated how reform can transform a market on the cusp of rapid decline into an industry capable of attracting billions of dollars in investment. NJ Ayuk’s latest book titled Crude Oil: Power, Turnaround, and Transformation in Angola explores this transition, examining how targeted policy, structural reform and strategic leadership have turned the market around and placed Angola on a track toward growth, diversification and resilience.

Under the leadership of President João Manuel Gonçalves Lourenço and Diamantino Pedro Azevedo, Minister of Mineral Resources, Oil and Gas, the country embarked on a complete overhaul of the sector. Now, production is stabilizing, investment is rising and Angola’s oil industry is entering its most ambitious era yet. For other oil markets in Africa, Angola’s turnaround provides important lessons for countries looking to revitalize production through investor-focused reform and strategic policy.

Restructuring the Sector

Angola’s ability to curb production decline was largely attributed to changes implemented at a structural level. When President Lourenço took office in 2017, his administration focused on addressing the challenges that had plagued the oil industry over the years: lack of exploration and transparency. The government established an upstream regulator (the ANPG) and restructured the national oil company Sonangol.

The ANPG was tasked with overseeing the industry, therefore improving certainty, procedural clarity and licensing processes, while Sonangol was able to focus on its activities as an operator. As a result, Sonangol was able to expand its portfolio, work more closely with international partners and take steps toward a future IPO. For its part, the ANPG launched a multi-year licensing strategy, targeting 60 concessions, with 40 awarded to date.

Flexibility Brings Capital

Flexibility has been a significant investment driver in Angola. Under efforts to attract capital during times of market volatility, the government implemented its Permanent Offer Regime in 2021, allowing the country to proactively promote and negotiate concessions outside of traditional licensing structures. Blocks on permanent offer remain continuously available for companies to bid on, even after a round concludes. Between 2021 and 2023 alone, 27 blocks were awarded under this regime.

The country took it one step further, introducing policies targeting marginal fields and incremental production. Aimed at encouraging the development of fields considered less economically attractive, marginal field opportunities have created investment avenues for smaller independents, diversifying the country’s investment offering and supporting broader production growth.

The Incremental Production Decree – launched in 2024 – supports reinvestment in mature assets. Ayuk notes that the decree could enable the recovery of up to 500 million additional barrels of oil while extending the life of mature fields by up to 20 years. ExxonMobil made the first discovery under this decree in 2024 at the Likember-01 well at Block 15.

Diversification as a Strategic Priority

Angola’s success in revitalizing its hydrocarbon industry comes not from oil expansion alone, but from its ability to position natural gas as a strategic priority. With 11 trillion cubic feet of gas resources, the country has used reform to attract investment across the emerging gas value chain, supporting the transition from associated gas production to non-associated development.

While the Angola LNG plants has been operational since 2012, forays into non-associated development stand to strengthen feedstock, boost exports and strengthen the domestic gas market. A cornerstone of this shift was the Gas Monetization Law (2018) and Gas Master Plan (2025) – offering a clear blueprint for investing in the market. Since these policies, the New Gas Consortium brought the country’s first non-associated gas project online in 2026, while Azule Energy made the first dedicated gas discovery at Block 1/14.

Downstream Expansion and the IRDP

Angola’s turnaround transcends the upstream sector, with its commitment to strengthening its downstream market offering important lessons for African producers. With production stabilizing, the country moved to address its next challenge: refining. Despite producing above one million bpd, Angola imports 70% of its petroleum products.

To address this, the government established the Instituto Regulador dos Derivados do Petróleo and outlined goals to develop three new facilities beyond the operational Luanda plant – notably, Cabinda (operational since 2025), Lobito (seeking financing) and Soyo (in preparation). These moves reflect Angola’s broader strategy: capture more value domestically while reducing long-term dependence on imported fuels.

“Angola proved that African oil markets do not decline because resources disappear – they decline when policy becomes rigid, institutions weaken and investment loses confidence. What Angola achieved through reform, flexibility and political will is a lesson for every producing nation in Africa: if you create a competitive environment, capital will come, projects will move forward and production can recover,” states Ayuk.

Purchase your copy of the book here – https://apo-opa.co/4vk0G5x

Distributed by APO Group on behalf of African Energy Chamber.

Angola reescreveu as regras do investimento petrolífero — outros produtores africanos devem tomar nota

Source: Africa Press Organisation – Portuguese –

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O setor petrolífero de Angola demonstrou como as reformas podem transformar um mercado à beira de um rápido declínio numa indústria capaz de atrair milhares de milhões de dólares em investimento. O mais recente livro de NJ Ayuk, intitulado Crude Oil: Power, Turnaround, and Transformation in Angola, explora esta transição, analisando como políticas específicas, reformas estruturais e liderança estratégica deram a volta ao mercado e colocaram Angola num caminho de crescimento, diversificação e resiliência.

Sob a liderança do Presidente João Manuel Gonçalves Lourenço e de Diamantino Pedro Azevedo, Ministro dos Recursos Minerais, Petróleo e Gás, o país embarcou numa reformulação completa do setor. Agora, a produção está a estabilizar, o investimento está a aumentar e a indústria petrolífera de Angola está a entrar na sua era mais ambiciosa até à data. Para outros mercados petrolíferos em África, a reviravolta de Angola proporciona lições importantes para os países que procuram revitalizar a produção através de reformas centradas no investidor e de políticas estratégicas.

Reestruturação do Setor

A capacidade de Angola para travar o declínio da produção foi em grande parte atribuída a mudanças implementadas a nível estrutural. Quando o Presidente Lourenço assumiu o cargo em 2017, a sua administração concentrou-se em resolver os desafios que tinham assolado a indústria petrolífera ao longo dos anos: falta de exploração e de transparência. O governo criou uma entidade reguladora do setor a montante (a ANPG) e reestruturou a empresa petrolífera nacional Sonangol.

A ANPG ficou encarregada de supervisionar o setor, melhorando assim a segurança jurídica, a clareza processual e os processos de licenciamento, enquanto a Sonangol pôde concentrar-se nas suas atividades como operadora. Como resultado, a Sonangol conseguiu expandir a sua carteira, trabalhar mais estreitamente com parceiros internacionais e dar passos no sentido de uma futura oferta pública inicial (IPO). Por seu lado, a ANPG lançou uma estratégia de licenciamento plurianual, visando 60 concessões, das quais 40 foram já adjudicadas até à data.

A flexibilidade atrai capital

A flexibilidade tem sido um importante motor de investimento em Angola. No âmbito dos esforços para atrair capital em tempos de volatilidade do mercado, o governo implementou o seu Regime de Oferta Permanente em 2021, permitindo ao país promover e negociar proativamente concessões fora das estruturas tradicionais de licenciamento. Os blocos em oferta permanente permanecem continuamente disponíveis para as empresas licitarem, mesmo após a conclusão de uma ronda. Só entre 2021 e 2023, foram adjudicados 27 blocos ao abrigo deste regime.

O país deu mais um passo em frente, introduzindo políticas direcionadas para campos marginais e produção incremental. Com o objetivo de incentivar o desenvolvimento de campos considerados menos atraentes economicamente, as oportunidades em campos marginais criaram vias de investimento para empresas independentes de menor dimensão, diversificando a oferta de investimento do país e apoiando um crescimento mais amplo da produção.

O Decreto de Produção Incremental — lançado em 2024 — apoia o reinvestimento em ativos maduros. Ayuk observa que o decreto poderá permitir a recuperação de até 500 milhões de barris adicionais de petróleo, ao mesmo tempo que prolonga a vida útil dos campos maduros em até 20 anos. A ExxonMobil fez a primeira descoberta ao abrigo deste decreto em 2024, no poço Likember-01, no Bloco 15.

A diversificação como prioridade estratégica

O sucesso de Angola na revitalização da sua indústria de hidrocarbonetos não advém apenas da expansão do petróleo, mas da sua capacidade de posicionar o gás natural como uma prioridade estratégica. Com 11 biliões de pés cúbicos de recursos de gás, o país utilizou a reforma para atrair investimento em toda a cadeia de valor emergente do gás, apoiando a transição da produção de gás associado para o desenvolvimento não associado.

Embora as instalações da Angola LNG estejam operacionais desde 2012, as incursões no desenvolvimento não associado visam reforçar a matéria-prima, impulsionar as exportações e fortalecer o mercado interno de gás.

Uma pedra angular desta mudança foi a Lei de Monetização do Gás (2018) e o Plano Diretor do Gás (2025) — oferecendo um plano claro para o investimento no mercado. Desde a adoção destas políticas, o New Gas Consortium colocou em funcionamento o primeiro projeto de gás não associado do país em 2026, enquanto a Azule Energy fez a primeira descoberta dedicada de gás no Bloco 1/14.

Expansão a jusante e o IRDP

A reviravolta de Angola transcende o setor a montante, com o seu compromisso de fortalecer o mercado a jusante a oferecer lições importantes para os produtores africanos. Com a estabilização da produção, o país passou a abordar o seu próximo desafio: a refinação. Apesar de produzir mais de um milhão de bpd, Angola importa 70% dos seus produtos petrolíferos.

Para resolver esta situação, o governo criou o Instituto Regulador dos Derivados do Petróleo e definiu objetivos para desenvolver três novas instalações para além da fábrica operacional de Luanda — nomeadamente, Cabinda (operacional desde 2025), Lobito (em busca de financiamento) e Soyo (em preparação). Estas medidas refletem a estratégia mais ampla de Angola: capturar mais valor a nível interno, reduzindo simultaneamente a dependência a longo prazo de combustíveis importados.

«Angola provou que os mercados petrolíferos africanos não entram em declínio porque os recursos desaparecem — entram em declínio quando as políticas se tornam rígidas, as instituições enfraquecem e o investimento perde confiança. O que Angola alcançou através da reforma, da flexibilidade e da vontade política é uma lição para todas as nações produtoras em África: se se criar um ambiente competitivo, o capital virá, os projetos avançarão e a produção poderá recuperar», afirma Ayuk.

Adquira o seu exemplar do livro aqui – https://apo-opa.co/4vk0G5x

Distribuído pelo Grupo APO para African Energy Chamber.

Address by Minister in The Presidency, Khumbudzo Ntshavheni, at the Opening Session of the International Security Forum 2026 on challenges and threats to international security in the context of the emergence of the multipolar world, Moscow, Russia

Source: President of South Africa –

Secretary Sergei Shoigu of the Security Council of the Russian Federation, allow me to thank you for the successful organising and hosting of this 3rd International Security Forum,
High Ranking Officials responsible for Security Matters,
Ladies and gentlemen,

I have been listening carefully and attentively and agree with the sentiments already expressed on this matter of challenges and threats to international security in the emerging multipolar world.

The emergence of a multipolar world is reshaping the international security landscape. While the diffusion of power creates opportunities for greater inclusivity and regional influence, it also increases geopolitical rivalry, strategic uncertainty, and complex transnational threats. This diffusion has profound implications for international security, global governance, economic stability, and geopolitical competition.

The strategic competition between major powers has intensified global tensions. Resulting in major security risks such as proxy conflicts, militarisation of strategic regions, economic coercion, and sanctions, diplomatic polarisation, competition for influence in Africa, competition over resources, trade routes, and influence, and technological and cyber rivalry

This competition for influence in Africa has negative implications for the development of the African continent and African Union Agenda 2063, with similar implications for Africa and the developing world in general, to the ways the multipolar system of the 19th century did. The multipolar system of the 19th century resulted in colonialisation and slavery in Africa and the developing world, the consequences of which Africa is yet to recover from.

Today, the emerging multi-polar world system is seeking to balkanise the world, and South Africa is no exception. We are experiencing concerted efforts and campaign to portray the democratic government as anti-white with claims of “white genocide” that are disputed by facts, which the overall intention is to mobilise and justify the cessation of the Western Cape province to a whites-only enclave. This narrative undermines the core foundation of a democratic South Africa that is built on the principles of non-racialism, non-sexism, equal and a united nation. These principles were also the drivers of our struggle for liberation and freedom. This is part of a clear misinformation campaign against South Africa which is coordinated internationally.

Ladies and gentlemen,

The emergence of the renewed multipolar world is also weakening multilateral institutions. Institutions such as the United Nations and its agencies are increasingly struggling to resolve conflicts due to divisions among major powers, consequences of which include; paralysis in international decision-making, declining trust in international law, and reduced effectiveness of peacekeeping missions.

This situation has created difficulty in advancing African interests globally, it has reduced effectiveness of African peace and security mechanisms, and it is creating greater instability in conflict-prone African regions.

Global insecurity and insecurity within the African continent have strengthened transnational criminal and extremist networks, resulting in increased human trafficking, drug trafficking, illegal mining, arms smuggling, and terror financing. An undesired vicious circle. Worst is that these criminal networks threaten governance, economic stability, and public safety.

Increasingly, multipolar competition is also revolving around technology and strategic industries with resultant cyber warfares, digital espionage, and disinformation campaigns. There is a rise in cyberattacks on state infrastructure, data breaches and espionage, and manipulation through social media.  These have created huge risks to financial and communication systems.

In response, South Africa is modernising its security framework to ensure we are capable of addressing these hybrid threats, with priority given to cybersecurity capability, border security, counter-organised crime operations, and protection of critical infrastructure. To respond to the technological posture of the emerging multipolar system, South Africa is seeking to develop digital sovereignty and investing in AI and cybersecurity. We have intensified our protection of strategic industries, enhancing energy security, and diversifying trade and investment partnerships, including advancing the African Continental Free Trade Area (AcFTA).

Economic competition is central to multipolarity. The global system is caught up in trade wars, supply chain disruptions, energy insecurity, and resource competition resulting in financial instability that is reversing progress in the fight against food insecurity and hunger in the African continent. Food insecurity and hunger have direct co-relation with a rise in illegal migration. A rise in illegal migration in Africa has huge consequences for South Africa, which is one of the largest receiving nations for illegal immigrants. In a global environment that is creating economic instability for developing nations, the high number of illegal immigrants is bound to create tensions between locals and undocumented foreign nationals as competition for basic resources, limited employment opportunities, and informal and small business survival. 

Ladies and gentlemen,

In this emerging multipolar world, South Africa’s strategic interest is to ensure a fair, rules-based multilateralism; to work with all partners, North and South, on global peace and development through ensuring that competition between major powers does not come at the expense of the African continent. Our message is clear: multipolarity must not mean multiple conflicts or multiple standards. It must mean shared responsibility, consistent respect for international law, and a greater voice and urgency for the Global South in shaping the future of the global security architecture.

President Ramaphosa in 2024 presented the Pact for the Future as a change to “reinvigorate the multilateral system” and to finally reform global governance, especially the UN Security Council to be more representative, inclusive and responsive to today’s security and development challenges. It is this Pact for the Future that we wish to mobilise participants at this 3rd Internationally Security Forum to support for an inclusive multilateral system.