Sultan of Brunei Darussalam Meets Minister of State for Foreign Affairs

Source: Government of Qatar

Bandar Seri Begawan | November 10 2025

HM Sultan Hassanal Bolkiah of Brunei Darussalam met here today with HE Minister of State for Foreign Affairs Sultan bin Saad Al Muraikhi.
During the meeting, HE the Minister of State for Foreign Affairs conveyed the greetings of HH the Amir Sheikh Tamim bin Hamad Al-Thani, to HM the Sultan of Brunei Darussalam, along with His Highness’s wishes for His Majesty’s continued health and happiness, and for the government and people of Brunei Darussalam continued progress and prosperity.
For his part, HM Sultan Hassanal Bolkiah entrusted HE the Minister of State for Foreign Affairs to convey his greetings to HH the Amir, wishing him continued health and happiness, and the State of Qatar continued progress, development, and prosperity.
Discussion during the meeting focused on the two countries’ bilateral relations and ways to strengthen and develop them, in addition to a host of topics of mutual interest.

Minister of State for Foreign Affairs Meets Second Minister of Foreign Affairs of Brunei Darussalam

Source: Government of Qatar

Bandar Seri Begawan | November 10 2025

HE Minister of State for Foreign Affairs Sultan bin Saad Al Muraikhi met on Monday with HE Second Minister of Foreign Affairs of the Sultanate of Brunei Darussalam, Erywan Pehin Yusof.
During the meeting, they discussed cooperation relations between the two countries and ways to support and develop them, in addition to other topics of mutual interest. 

Premier Invest to Highlight Africa’s Expanding Financial Footprint at G20 Investment Forum

Source: APO


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René Awambeng, Founder and Managing Director of Premier Invest, is set to speak at the upcoming G20 African Energy Investment Forum in Johannesburg, where global investors, policymakers and development institutions convene to advance the growth agenda aligned with G20 strategic priorities. His participation underscores a shift: Africa-based financial leadership engaging directly in the global arena, and ties closely to the G20’s focus on mobilizing private capital for infrastructure, trade finance and sustainable growth in emerging markets.

Premier Invest has been actively expanding its footprint and capabilities, securing its licence from the Abu Dhabi Financial Services Authority in August 2025. The milestone paves the way for fund management, advisory and complex transaction activities across strategic sectors including energy, infrastructure, food security and intra-African trade. At the same time, Premier Invest’s recently launched group structure is designed to transform trade finance and investment across emerging markets – a proposition that resonates with the G20’s agenda to build resilient supply chains, foster South-South trade and catalyze private investments in Africa’s development priorities.

Adding to this momentum, Premier Invest hosted a Deal Room at the African Energy Week (AEW) 2025: Invest in African Energies conference, presenting a portfolio of energy and infrastructure opportunities totaling $13.4 billion across upstream, midstream, downstream and renewables sectors. The platform connected project sponsors, lenders and strategic investors, underlining Premier Invest’s role as a capital-mobilization enabler on the continent.

Against this backdrop, Awambeng’s participation in the G20 Investment Forum – hosted by the African Energy Chamber (AEC) – serves to connect Premier Invest’s growing momentum with the broader G20 investment ecosystem, where cross-border capital, blended finance structures and African-led platforms are becoming central to driving sustainable development. Awambeng is expected to address how Africa can evolve from being viewed as an “investment frontier” to becoming a creator and exporter of investment solutions, harnessing its expanding talent pool, ongoing structural reforms and strengthening institutional frameworks.

“When African firms step up to structure capital and host platforms that transparently connect sponsors and investors, we shift the narrative from hand-outs to deal-making,” states NJ Ayuk, Executive Chairman of the AEC. “René’s leadership at Premier Invest and the Deal Room at AEW show that Africa doesn’t just need external capital – it needs to drive how that capital is deployed, aligned with jobs, energy access and trade outcomes.”

As the G20 African Energy Investment Forum prepares to convene, the event will spotlight how Africa’s private sector leadership can engage with global capital flows and play a central role in advancing the G20’s vision for a resilient, inclusive and sustainable investment ecosystem. For Premier Invest, the forum offers a platform to showcase its expanding deal pipeline, recent regulatory milestones and broader mission to position emerging-market investment at the center of global finance.

Distributed by APO Group on behalf of African Energy Chamber.

Premier Invest mettra en avant l’empreinte financière croissante de l’Afrique lors du forum sur l’investissement du G20

Source: Africa Press Organisation – French


René Awambeng, fondateur et directeur général de Premier Invest, prendra la parole lors du prochain Forum africain sur l’investissement énergétique du G20 à Johannesburg, où des investisseurs mondiaux, des décideurs politiques et des institutions de développement se réuniront pour faire avancer le programme de croissance aligné sur les priorités stratégiques du G20. Sa participation souligne un changement : les dirigeants financiers basés en Afrique s’engagent directement sur la scène mondiale et s’associent étroitement à l’objectif du G20 de mobiliser des capitaux privés pour les infrastructures, le financement du commerce et la croissance durable dans les marchés émergents.

Premier Invest a activement étendu sa présence et ses capacités, obtenant sa licence auprès de l’Autorité des services financiers d’Abu Dhabi en août 2025. Cette étape importante ouvre la voie à des activités de gestion de fonds, de conseil et de transactions complexes dans des secteurs stratégiques tels que l’énergie, les infrastructures, la sécurité alimentaire et le commerce intra-africain. Parallèlement, la structure de groupe récemment mise en place par Premier Invest est conçue pour transformer le financement du commerce et les investissements sur les marchés émergents, une proposition qui s’inscrit dans le droit fil du programme du G20 visant à mettre en place des chaînes d’approvisionnement résilientes, à favoriser le commerce Sud-Sud et à catalyser les investissements privés dans les priorités de développement de l’Afrique.

Pour renforcer cette dynamique, Premier Invest a organisé une salle de négociation lors de la conférence African Energy Week (AEW) 2025 : Invest in African Energy, présentant un portefeuille d’opportunités dans les secteurs de l’énergie et des infrastructures d’une valeur totale de 13,4 milliards de dollars dans les secteurs en amont, en aval, intermédiaire et des énergies renouvelables. La plateforme a mis en relation les promoteurs de projets, les prêteurs et les investisseurs stratégiques, soulignant le rôle de Premier Invest en tant que facilitateur de la mobilisation de capitaux sur le continent.

Dans ce contexte, la participation de M. Awambeng au Forum sur l’investissement du G20, organisé par la Chambre africaine de l’énergie (AEC), permet de relier la dynamique croissante de Premier Invest à l’écosystème d’investissement plus large du G20, où les capitaux transfrontaliers, les structures de financement mixte et les plateformes dirigées par l’Afrique deviennent essentiels pour stimuler le développement durable. M. Awambeng devrait aborder la manière dont l’Afrique peut évoluer pour passer du statut de « frontière de l’investissement » à celui de créateur et d’exportateur de solutions d’investissement, en tirant parti de son vivier de talents en expansion, de ses réformes structurelles en cours et du renforcement de ses cadres institutionnels.

« Lorsque les entreprises africaines se mobilisent pour structurer des capitaux et héberger des plateformes qui mettent en relation de manière transparente les sponsors et les investisseurs, nous passons d’un discours axé sur l’aide à un discours axé sur la conclusion d’accords », déclare NJ Ayuk, président exécutif de l’AEC. « Le leadership de René chez Premier Invest et dans la salle des marchés d’AEW montre que l’Afrique n’a pas seulement besoin de capitaux extérieurs, elle doit également déterminer la manière dont ces capitaux sont déployés, en fonction de l’emploi, de l’accès à l’énergie et des résultats commerciaux. »

Alors que le Forum du G20 sur l’investissement énergétique en Afrique s’apprête à se réunir, l’événement mettra en lumière la manière dont les dirigeants du secteur privé africain peuvent s’engager dans les flux de capitaux mondiaux et jouer un rôle central dans la promotion de la vision du G20 pour un écosystème d’investissement résilient, inclusif et durable. Pour Premier Invest, le forum offre une plateforme pour présenter son portefeuille de transactions en expansion, ses récentes avancées réglementaires et sa mission plus large qui consiste à positionner l’investissement dans les marchés émergents au centre de la finance mondiale.

Distribué par APO Group pour African Energy Chamber.

Le directeur général de Petrosen E&P mettra l’accent sur la croissance de l’amont du Sénégal au MSGBC 2025

Source: Africa Press Organisation – French


Alors que le Sénégal envisage les prochaines phases de son développement énergétique, Talla Gueye, directeur général de Petrosen E&P – la division amont de la compagnie pétrolière nationale (NOC) Petrosen – a rejoint le MSGBC Oil, Gas & Power 2025 Conference and Exhibition en tant qu’orateur.

Cet événement, qui se tiendra du 8 au 10 décembre à Dakar, au Sénégal, est la première plateforme du secteur énergétique de la région. La participation de M. Gueye fait suite à une série d’étapes importantes franchies ces derniers mois en matière d’exploration et de production, et devrait ouvrir de nouvelles perspectives de transactions et de partenariats dans l’ensemble du secteur pétrolier et gazier.

L’année 2025 est devenue un point décisif pour le secteur pétrolier et gazier en amont du Sénégal avec le lancement de deux projets offshore majeurs. Dans le secteur du gaz, le pays a démarré la production du projet Greater Tortue Ahmeyim (GTA) en février 2025, la première exportation de GNL a été réalisée en avril et la date d’exploitation commerciale a été atteinte en juin. Avec une capacité de 2,3 millions de tonnes par an (mtpa) dans la première phase et de 5 mtpa dans la seconde, le projet marque l’émergence du Sénégal en tant que producteur mondial de GNL. Pour Petrosen, le projet reflète également la capacité de l’entreprise à réaliser des projets à grande échelle en étroite collaboration avec des partenaires internationaux.

Cette décision intervient alors que la NOC recherche un partenaire pour faire avancer le développement du projet gazier Yakaar-Teranga. Développé en partenariat avec la société d’énergie Kosmos Energy, Yakaar-Teranga repose sur des réserves de gaz récupérables d’environ 25 billions de pieds cubes. En passe de faire l’objet d’une décision finale d’investissement, le projet produira du gaz principalement pour le marché intérieur, positionnant les projets gaziers offshore comme un point d’ancrage pour le développement économique et industriel. 

Petrosen a également joué un rôle déterminant dans la réalisation de projets pétroliers offshore. En collaboration avec Woodside Energy, l’entreprise a démarré la production du champ pétrolifère de Sangomar en juin 2024. Premier projet pétrolier à grande échelle du pays, Sangomar a une capacité de production de 100 000 barils par jour (bpj). Pour la seule année 2024, le projet a produit 16,9 millions de barils de pétrole, dépassant ainsi les objectifs initiaux de 11,7 millions de barils pour l’année. Les prévisions pour 2025 indiquent que le projet produira près de 34,5 millions de barils, ce qui représente une augmentation par rapport aux estimations initiales de 30,5 millions de barils. Pour l’avenir, les partenaires évaluent les possibilités de porter la capacité du projet à plus de 100 000 barils par jour, tout en analysant les options de développement du gaz associé.

Dans ce contexte, la participation de M. Gueye au salon MSGBC Oil, Gas & Power 2025 reflète l’engagement de la société à maintenir la dynamique de croissance du secteur pétrolier et gazier en amont du Sénégal. Le succès de projets tels que GTA et Sangomar ne montre pas seulement le niveau d’opportunité qui se trouve dans les bassins d’hydrocarbures offshore du Sénégal, mais témoigne de la volonté de Petrosen de travailler avec des partenaires pour faire avancer les développements stratégiques. La conférence offre une occasion unique d’engager des investisseurs potentiels, de présenter les projets en cours et de partager des informations sur les opportunités d’investissement à venir au Sénégal.

“Petrosen est au cœur de la transformation du Sénégal en un important producteur d’hydrocarbures. Sous une direction forte, l’entreprise a démontré que les NOC peuvent mener des projets de classe mondiale tout en s’assurant que les ressources soutiennent directement la croissance locale et la sécurité énergétique. Le rôle de Petrosen dans des projets tels que GTA, Sangomar et Yakaar-Teranga illustre la façon dont les partenariats stratégiques peuvent débloquer une valeur durable pour le Sénégal et l’ensemble de la région MSGBC”, déclare Sandra Jeque, directrice de projet, Energy Capital & Power.

Explorez les opportunités, encouragez les partenariats et restez à la pointe du secteur du pétrole, du gaz et de l’électricité de la région MSGBC. Visitez le site www.MSGBCOilGasAndPower.com pour garantir votre participation à la conférence MSGBC Oil, Gas & Power 2025. Pour sponsoriser ou participer en tant que délégué, veuillez contacter sales@energycapitalpower.com.

Distribué par APO Group pour Energy Capital & Power.

Virtual remarks by Deputy President Shipokosa Paulus Mashatile at the AWSISA Africa and Global South, Water And Sanitation Dialogue

Source: President of South Africa –

Programme Director, Ms. S. Mabe;
Executive Mayor of the City of Ekurhuleni, Mr. Nkosindiphile Xhakaza;
Honourable Minister of Water and Sanitation of South Africa, Ms. Pemmy Majodina;
Vice Minister, Foreign Trade and Development, Ministry for Foreign Affairs of Finland, Mr. P. Hellman;
AWSISA Chairperson, Mr. Ramateu Monyokolo; 
IWA President, Prof. Hamanth Kasan;
Rand Water Group Chief Executive, Mr. Sipho Mosai;
Ladies and gentlemen, distinguished delegates, and esteemed guests,

I am privileged to address you today, although I had hoped to join you in person for the second day of the AWSISA Africa and Global South Water and Sanitation Dialogue. This event is important because it unites an array of stakeholders from the entire water and sanitation value chain.

I am addressing you as the Deputy President of South Africa, Chairperson of the Water Task Team, and as a fervent advocate for the provision of clean, drinkable water and sanitation to our communities, nations, and the globe.

I have repeatedly emphasised that “water is life and sanitation is dignity”. This is more than just a slogan; it is the foundation of ecosystems, important for survival and sustenance.  For our continent, which is plentiful in natural resources, this crucial resource is critical for our economy, notably in agriculture, mining, and the manufacturing sector.

Today, I am particularly pleased with the theme of this dialogue, “Towards Sustainable Water and Sanitation Security in Africa,” as it strategically encompasses a pan-African and Global South perspective. 

This regional and international perspective is essential due to the shared vulnerabilities that African nations encounter because of erratic climate patterns, uncontrolled urban development, and the institutional fragility of service provision.

Consequently, the timing of this gathering could not have been more critical, as the security of water and sanitation remains a pressing concern for the sustainable development of our continent.

This Dialogue surpasses the confines of a traditional forum by bringing together policymakers, technical experts, industry leaders, researchers, community representatives, and international development partners.

It creates a strategic nexus in which shared governance models are analysed, technological solutions are pressure-tested for local applicability, and cross-border partnerships are solidified. 

Our goal should be about promoting policy harmonisation, accelerating investment in essential infrastructure and technology across the continent, focusing on practical solutions.  

Ladies and Gentlemen,

In South Africa, water insecurity is a critical and escalating issue resulting from a combination of factors such as climate change, deteriorating infrastructure, increasing socioeconomic inequality, and deficiencies in municipal management. The deep-seated challenges facing the South African water and sanitation sector include: 

Firstly, Water Scarcity and Climate Stress: South Africa faces significant water scarcity, with an average annual rainfall of about 497 mm, which is less than half the global average. This condition is exacerbated by climate change, resulting in more frequent and severe extreme weather events. 

The “Day Zero” crisis in Cape Town showcased the critical nature of drought, while recent floods in KwaZulu-Natal underscore the contrasting threat posed by extreme weather. These events disrupt the hydrological cycle, lead to considerable soil erosion, and overwhelm sewage and drainage systems, thereby posing risks to both water availability and quality.

Secondly, Ageing Infrastructure and Non-Revenue Water (NRW): The foundational infrastructure is marked by significant under-maintenance and a history of low investment, leading to Non-Revenue Water (NRW) rates that reach 40-50% in certain municipal distribution networks. This loss is attributed to physical leaks, operational inefficiencies, illegal connections, and metering failures. The resulting financial and physical losses equate to billions annually, diverting necessary capital away from expansion or social programs, thereby exacerbating resource stress across the system.

To address this challenge, the South African Government has in 2024 established the Water Resources Infrastructure Agency Act, which aims to centralise the management and funding of the nation’s water infrastructure. We are also providing funds through initiatives like the water services infrastructure grant to complete new regional bulk and smaller water projects.

Thirdly, Governance and Skills Challenges: Effective service delivery in municipal governance is hindered by accountability issues, financial mismanagement, and a lack of technical skills. This leads to the release of untreated wastewater into water bodies, compromising water quality, increasing treatment costs, and heightening public health risks, particularly for waterborne diseases. 

These challenges hinder progress towards reaching our Sustainable Development Goals (SDGs), especially SDG 3 and SDG 6, which emphasise health, well-being, and access to clean water. With rising water demand driven by population growth and urbanisation, addressing these issues is paramount for health and sanitation needs.

In this regard, the National Water Safety Management Programme highlights the need for 15,000 more skilled water professionals by 2030 and emphasises the importance of attracting and retaining technically qualified personnel, such as engineers, within municipalities and the Department of Water and Sanitation.

I must further add that addressing these challenges requires us to scale up investment in infrastructure and sustainable water management to ensure a secure supply for all. I commend this timely Dialogue because it serves as an essential circuit breaker for the polycrisis through integration, accountability, and a common operational strategy.  It is well-positioned to generate tangible, scalable solutions.

I am confident that this Dialogue will facilitate direct, outcome-focused engagements among the Department of Water and Sanitation, Water Boards, regulatory bodies, and local municipalities. It will establish political and peer accountability, addressing skills deficits, improving financial management, and ensuring compliance with regulatory standards in service delivery.

As leaders in the sector, it is crucial to utilise this dialogue to establish transparent and strategic Public-Private Partnerships. Such partnerships have the potential to secure the substantial long-term capital needed to achieve the ambitious infrastructure renewal and development objectives outlined in the National Water Resource Strategy III (NWRS-3).

Furthermore, the Dialogue should rapidly accelerate the adoption of tested African and Global South best practices. This includes promoting not only technological solutions but also the critical strategy of ecological infrastructure protection. 

Achieving sustainable water security increasingly relies on the digital transformation initiated by the Fourth Industrial Revolution (4IR). To fully harness the benefits of this technological advancement, collaboration emerges as a key strategy. This entails sharing frameworks, standards, and associated costs to maximise national benefits.

Africa should also equip youth and professionals with essential skills for the Fourth Industrial Revolution (4IR), focusing on data science, automation, and systems management. 

Additionally, increased efforts in Smart Water Management and Digital Twin Modelling are necessary to develop virtual replicas of physical water systems. This approach facilitates real-time monitoring, predictive analysis, and scenario simulation, ultimately improving efficiency, reducing losses, and enhancing decision-making.

Ladies and Gentlemen,

Reducing water loss is very important. To achieve environmental safety and ensure water security for future generations, it is essential to take deliberate actions to reduce water consumption, promote the reuse and recycle of water, and implement rainwater harvesting. This approach is vital not only for the financial viability of water utilities but also for safeguarding public health.

Together, the African continent must commit to implementing the Africa Water Vision 2063, which establishes a framework for a unified, long-term approach to water security, transitioning from fragmented responses to collective action.

Our commitment should focus on aligning with SDGs, specifically: SDG 6, which aims to ensure availability and sustainable management of water and sanitation; SDG 3, which promotes healthy lives and well-being for all; SDG 9, centered on industry, innovation, and infrastructure; SDG 10, aimed at reducing inequalities; and SDG 13, which calls for urgent action to combat climate change and its impacts.

By implementing the Sustainable Development Goals and the National Water Resource Strategy 3 objectives, we can position South Africa and Africa for sustainable, technologically innovative, and just water management practices. 

As leaders and change-makers, it is imperative to dedicate ourselves to developing sustainable solutions that guarantee universal access to clean water and sanitation. Our efforts should focus on the most marginalised and vulnerable populations, particularly women, children, and individuals residing in remote or underserved regions.

By providing communities with essential knowledge, tools, and resources to obtain clean water and sanitation services, we have the responsibility to foster a more equitable and just society for everyone. Access to such vital resources not only improves health and well-being but also promotes social equity and justice, essential components for community development and sustainability. 

Together, we have the power to make a difference. 

Together, we can build a future where water is not a privilege, but a fundamental human right for all. Together, Africa will rise.  

I Thank You.

Call for urgent action on full pit latrines in Setlagole Village

Source: Government of South Africa

Water and Sanitation Deputy Minister Sello Seitlholo has called for an urgent intervention to address the issues of full pit latrines and the stalled bulk water supply scheme in Setlagole Village, North West.

Seitlholo, accompanied by Ngaka Modiri District Municipality Executive Mayor, Khumalo Molefe and Member of Mayoral Committee (MMC) of Infrastructure Development at Ratlou Local Municipality Thabo Motlapele, met with local stakeholders to find solutions to sanitation challenges in the RDP section of Setlagole, and to revive the incomplete bulk water supply scheme that has been stalled for the past ten years.

The visit forms part of the department’s observation of Sanitation Month, commemorated annually from 15 October (Global Handwashing Day) to 19 November (World Toilet Day).

The campaign aims to break the stigma around sanitation and raise awareness of the consequences of lack of sanitation, which includes the increase of makeshift toilets at households that do not have access to dignified sanitation and an increase to open defaecation.

World Toilet Day seeks to raise awareness of the 3.4 billion people globally living without access to safe toilets and to accelerate action to tackle the global sanitation crisis and to achieve United Nations Sustainable Development Goal 6 (SDG 6), which is focused on clean water and sanitation for all, by 2030.

Seitlholo reiterated the department’s commitment to ensuring access to safe, dignified, and sustainable sanitation.

He cited the Water and Sanitation Norms and Standards, which oblige municipalities designated as Water Services Authorities (WSAs) to provide basic sanitation to all consumers, including those on privately owned land, as guided by the Water and Sanitation policy on privately owned land of 2023.

“The Standard of basic sanitation services includes a provision of a toilet with a functional handwashing facility in the yard, which is safe and reliable, environmentally sound and easy to clean, provide privacy and protection against weather, well-ventilated and keep smells to minimum as well providing for an effective and acceptable sanitation technology,” the Deputy Minister said.

However, the Deputy Minister expressed concern that many households in Setlagole’s RDP section face serious sanitation challenges, with pit latrines that have not been serviced or emptied by the municipality since the construction of the houses in 2015.

“This status quo poses a serious health risk for the community and needs an urgent intervention by all three spheres of government,” he warned.

Seitlholo has directed that an audit of functional and non-functional toilets be conducted in Setlagole to help develop a targeted plan for addressing the full pit latrines.

“We are calling for both the municipalities, with support from the Department of Water and Sanitation, to implement the faecal sludge management system that will ensure that the sanitation services provided to these members of the community comply with the norms and standards of provision of basic sanitation services, as dictated by the Water and Sanitation Act 108 of 1997,” Seitlholo said.

Molefe acknowledged the challenge of full pit latrines in Setlagole RDP section, attributing it to a lack of municipal maintenance since the toilets were built ten years ago.

“There was indeed a vacuum to services the toilets once they were full. With the intervention of the Department of Water and Sanitation, I have issued a directive to have experts that will provide support to Ratlou Local Municipality to provide services to address this challenge,” the Executive Mayor said.

According to the department, approximately 72.7% of households in the North West have access to basic sanitation, with 49% of households using waterborne sanitation system connected to waste water treatment works.

Seitlholo emphasised an urgent need to implement Faecal Sludge Management to ensure ongoing services to 51% of households that still uses onsite sanitation. 

“The municipality should be able to properly manage faecal sludge for the beneficial use of producing possible sludge by-products like manure, fertilisers and to be even used for biogas,” the Deputy Minister said.

Turning to the Setlagole Bulk Water Supply Scheme, Seitlholo called on Magalies Water to expedite completion of the project, which is designed to supply 2.4 megalitres of treated water to Setlagole and surrounding villages.

Molefe welcomed department support to unblock stalled projects, saying this aligns with resolutions taken at the Water and Sanitation Indaba earlier this year.

“The Department of Water and Sanitation has provided support on this challenge, and we are hopeful that all the projects will be completed so that the water supply challenges in the district are resolved,” Molefe said. – SAnews.gov.za
 

G20 leaders urged to act decisively to tackle global inequality

Source: Government of South Africa

President Cyril Ramaphosa says if the Group of 20 (G20) is to live up to its mission of addressing the world’s most pressing economic and financial challenges, it must “significantly and urgently reduce inequality”.

In his weekly newsletter to the nation, the President called on world leaders to act now to tackle rising inequality, warning that it poses a threat to global stability, prosperity, and democracy. 

“When South Africa took over the Presidency of the G20 nearly a year ago, we identified equality as one of the pillars of our term, alongside solidarity and sustainability. We chose to focus on equality because it is essential to a more stable, prosperous and sustainable world,” the President said. 

President Ramaphosa said global wealth inequality remains “stark”, noting that the world’s richest 10% account for more than half of total global income and an overwhelming 74% of global wealth. 

“The human cost of these inequalities is severe: one in four people globally face moderate or severe food insecurity.

“These huge disparities are unjust and consign billions of people to poverty. Inequality is bad for everyone. It makes the world less stable; fuels conflict and undermines democracy. It stifles inclusive economic growth and prosperity,” he said. 

As part of South Africa’s G20 Presidency, President Ramaphosa appointed an Extraordinary Committee of Independent Experts on Global Inequality, chaired by Nobel Laureate and renowned economist Professor Joseph Stiglitz. The committee recently presented its report, which examines the causes and consequences of inequality and makes several key recommendations.

“Given the importance of equality to sustaining global growth, to social and political stability and to the legitimacy of international economic governance, it is good that at South Africa’s instance this will be the first time the G20 will focus on this matter and consider an in-depth report of this nature,” he said. 

Among the report’s recommendations is the creation of a permanent international body on inequality, modelled after the Intergovernmental Panel on Climate Change (IPCC). The proposed International Panel on Inequality would measure, monitor, and report on inequality trends and advise governments and multilateral bodies on effective policy responses.

President Ramaphosa highlighted that South Africa has already implemented several measures aligned with the report’s proposals, including progressive taxation, a national minimum wage, subsidised healthcare, zero-rated essential food items, and a robust social protection system.

He added that the report identifies monopolies and anticompetitive business practices as key drivers of inequality and stresses the need to promote debt sustainability, especially for developing economies.

“Another important part of our response to inequality is to promote debt sustainability, especially for developing economies. Interest on sovereign debt repayments, particularly in Africa, is stifling public spending and economic growth. It is widening the gap between countries and within countries,” the President said.

He reiterated South Africa’s call for reform of the global financial architecture, urging multilateral development banks to adopt an “inequality-reducing agenda”. 

The report also proposes that countries develop National Inequality Reduction Plans with clear goals to reduce both income and wealth disparities.

The President said that although not all the recommendations made in the report are new, what he is pleased about is that this is the first time the G20 will be considering the issue of global inequality. 

“It will be critical in the lead up to the Leaders’ Summit later this month that the report is widely-read and its recommendations given proper attention in the public discourse. 

“Inequality is one of the most pressing global issues of our time. This report provides a credible blueprint for the actions we need to take to overcome it,” the President said. – SAnews.gov.za 

SA to advance climate finance at COP30

Source: Government of South Africa

During this week’s climate conference, government will push forward the implementation of securing the US$1.3 trillion in climate finance pledged to developing countries last year. 

South Africa’s delegation will further prioritise finalising the Global Goal on Adaptation through the Belém Work Programme, and ensuring the Loss and Damage Fund supports the most vulnerable. 

South Africa’s delegation to the 30th United Nations Climate Conference (COP30) in Belém, Brazil, will be led by Minister of Forestry, Fisheries and the Environment, Dr Dion George.

“COP30 must deliver real outcomes for people and the planet. This is the time for the world to act. Every decision in Belém must come with a clear plan for implementation, financing, and accountability. People and communities living with the daily reality of climate change cannot wait any longer,” the Minister said on Monday.

The conference will bring together leaders from governments, businesses, and civil society to tackle the defining challenge of this era from 10 to 21 November 2025.

COP30 will spotlight the race to keep warming below 1.5°C, unveil new national climate plans (NDCs), and assess progress on critical finance commitments made at COP29. 

With global temperatures hitting record highs and extreme weather reshaping lives worldwide, the stakes could not be higher, said the department.

The Minister will be co-chairing negotiations for the adaptation stream at COP30 with Jochen Flasbarth, German State Secretary for Economic Cooperation and Development. 

Adaptation is central to protecting lives, livelihoods, and ecosystems in a world already facing the effects of climate change. 

“Adaptation is about building resilience. It is how we prepare for the storms, droughts, and rising seas that are already reshaping our world,” the Minister emphasised.

These negotiations aim to agree on a set of global indicators to measure real progress on adaptation.

“We must be able to track our success and hold ourselves accountable. Without measurable results there can be no credibility,” George said.

He warned that global cooperation is under pressure but reaffirmed South Africa’s commitment to working through multilateralism.

“No nation can face this crisis alone. Together we can find solutions that are fair, practical, and lasting,” the Minister said. – SAnews.gov.za

Petrosen E&P Director General to Spotlight Senegal’s Upstream Growth at MSGBC 2025

Source: APO


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As Senegal looks toward the next phases of its energy development, Talla Gueye, Director General of Petrosen E&P – the upstream division of the national oil company (NOC) Petrosen – has joined the MSGBC Oil, Gas & Power 2025 Conference and Exhibition as a speaker.

Taking place December 8-10 in Dakar, Senegal, the event is the premier platform for the region’s energy sector. Gueye’s participation comes on the back of a series of exploration and production milestones reached in recent months and is expected to unlock new opportunities for dealmaking and partnerships across the oil and gas sector.

The year 2025 has become a decisive point for Senegal’s upstream oil and gas sector with the start of two major offshore projects. In the gas sector, the country started production at the Greater Tortue Ahmeyim (GTA) project in February 2025, with first LNG export achieved in April and commercial operations date reached in June. With a capacity of 2.3 million tons per annum (mtpa) in the first phase and 5 mtpa in the second, the project signals Senegal’s emergence as a global LNG producer. For Petrosen, the project also reflects the company’s capacity to deliver large-scale projects in close collaboration with international partners.

This comes as the NOC seeks a partner to advance the development of the Yakaar-Teranga gas project. Developed in partnership with energy major Kosmos Energy, Yakaar-Teranga sits on approximately 25 trillion cubic feet of recoverable gas reserves. Moving toward a final investment decision, the project will produce gas primarily for the domestic market, positioning offshore gas projects as an anchor for economic and industrial development. 

Petrosen has also played an instrumental role in delivering offshore oil projects. In collaboration with Woodside Energy, the company started production at the Sangomar oilfield in June 2024. Representing the nation’s first large-scale oil project, Sangomar has a capacity to produce 100,000 barrels per day (bpd). In 2024 alone, the project produced 16.9 million barrels of oil – exceeding initial targets of 11.7 million barrels for the year. Forecasts for 2025 show the project producing nearly 34.5 million barrels, representing an increase from initial estimates of 30.5 million barrels. Looking ahead, the partners are assessing prospects of raising the project’s capacity above 100,000 bpd while analyzing options for associated gas development.

Stepping into this picture, Gueye’s participation at MSGBC Oil, Gas & Power 2025 reflects the company’s commitment to maintaining the growth momentum of Senegal’s upstream oil and gas sector. The success of projects such as GTA and Sangomar not only showcase the level of opportunity that lies in Senegal’s offshore hydrocarbon basins, but is a testament to Petrosen’s willingness to work with partners to advance strategic developments. The conference offers a unique opportunity to engage potential investors, showcase ongoing projects and share insight into upcoming investment opportunities in Senegal.

“Petrosen stands at the center of Senegal’s transformation into a major hydrocarbon producer. Under strong leadership, the company has demonstrated that NOCs can drive world-class projects while ensuring that resources directly support local growth and energy security. Petrosen’s role in projects such as GTA, Sangomar and Yakaar-Teranga exemplifies how strategic partnerships can unlock lasting value for Senegal and the wider MSGBC region,” states Sandra Jeque, Project Director, Energy Capital & Power.

Explore opportunities, foster partnerships and stay at the forefront of the MSGBC region’s oil, gas and power sector. Visit www.MSGBCOilGasAndPower.com to secure your participation at the MSGBC Oil, Gas & Power 2025 conference. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Distributed by APO Group on behalf of Energy Capital & Power.