Tuesday, August 22, 2023

3 Important Achievements of Netflix in South Africa, Kenya and Nigeria

3 Important Achievements of Netflix in South Africa, Kenya and Nigeria

Netflix has supported the creation of over 12,000 jobs and generated $218 million to the GDPs of South Africa, Kenya, and Nigeria, where they are operational.

Netflix has funded economic activity which created over $44 million in tax revenue and an increase of over $200 million in household income.

Netflix is investing more in Nollywood and the Nigerian film industry than Amazon.

#Netflix
#SounthAfrica
#Kenya
#Nigeria
#Nollywood
#investment
#Amazon
#filmindustry 

Hollywood Film Distributor, Vision Films Inc Refuses To Pay Commission on "Eagle Wings" To Nigerian Agent

Hollywood Film Distributor, Vision Films Inc Refuses To Pay Commission on "Eagle Wings" To Nigerian Agent


Lise Romanoff, the Managing Director and CEO of Vision Films Inc, California, USA is presently in dispute with Ekenyerengozi Michael Chima, an international agent for film and TV acquisition and distribution over her refusal to pay him the finder's fees and commission on the multiple award winning, Nigerian war film, "Eagle Wings" she acquired through him in 2022.
"She acquired the film after I pitched the film to her for acquisition."



Michael Chima, who is the Publisher and Editor of the NOLLYWOOD MIRROR® Series, a publication on Nollywood and the Nigerian film industry said that Lise Romanoff threatened to terminate the global distribution contract with the filmmaker, Paul Apel Papel if he insisted on requesting for his finder's fee and commission for the film widely  distributed on VODs and cable TV channels. 
The "Eagle Wings" on the war on the Boko Haram and ISWAP terrorists in northern Nigeria has been showing on M-NET cable TV channels on DStv and streaming on Showmax of the MultiChoice Group, Africa's biggest multimedia entertainment company.

Lise Romanoff said there was no  agreement between Vision Films and Michael Chima. But he dismissed her statement.
"If she did not have any agreement with me, then why did she send me the contract agreement before it was signed by the filmmaker, Paul Apel Papel in the first quarter of 2022 and later sent me the updates on the global distribution of the film she acquired through me? And Vision Films sent me the latest update by email yesterday."

All discussions and transactions between Lise Romanoff and Michael Chima have been by emails without any formal contracts; from the theatrical release of "The American King" in Nigeria by the Silverbird Film Distribution through the recommendation of Michael Chima and she paid him for the publicity and also paid him commission on the box office revenue in July, 2022. She also paid him a minimum guarantee for recommending her to Wiflix, a VOD streaming service based in the Netherlands that is currently streaming several movies distributed by Vision Films Inc.
Therefore, Michael Chima has insisted that his finder's fee and commission on the global distribution of the "Eagle Wings" must be paid as Vision Films paid him for getting them the theatrical release of "The American King" in Nigeria and acquisition of the  rights for the streaming of a catalog of their content by Wiflix. 

Lise Romanoff, the Managing Director and CEO of Vision Films Inc,  California, United States of America, is a member of The Independent Film & Television Alliance (IFTA).



25 Under 40 Energy Women Rising Stars: Rekik Bekele

PRESS RELEASE
25 Under 40 Energy Women Rising Stars: Rekik Bekele
Rekik Bekele is the CEO and Founder of Green Scene Energy

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JOHANNESBURG, South Africa, August 22, 2023/ - The 25 Under 40 Energy Women Rising Stars is a list celebrating the remarkable achievements of a select group of women across Africa’s energy sector, such as Rekik Bekele. With the objective of providing access to electricity to Ethiopia’s population, Bekele founded Green Scene Energy, and serves as a source of inspiration for many across the industry. The African Energy Chamber (http://www.EnergyChamber.org) spoke to Bekele about her success and future aspirations.

Please share a brief overview of your journey in the energy industry that led to your current role? What are some key achievements or milestones that you are particularly proud of?

With a Bachelor of Science (BSc) degree in Electrical Engineering from Addis Ababa University, I have been actively engaged in the sector since 2010. My commitment to professional development and industry engagement is demonstrated by my role as a board member of the Ethiopian-Solar Energy Development Association and her participation as an Acumen East Africa fellow.

In 2016, I founded Green Scene Energy PLC, where I currently serve as the CEO and co-founder. The company has made remarkable achievements in expanding access to clean energy, creating job opportunities, and driving positive change within the industry. I take pride in providing solar home lighting solutions to over 9000 households, installing over 85 pumps, and implementing productive use solutions, thereby improving the lives of numerous individuals and communities.

My dedication to creating a sustainable energy future is further exemplified by my active participation as a keynote speaker in major off-grid energy events. Through these engagements, I share valuable insights and promote sustainable solutions, inspiring others and fostering dialogue within the renewable energy sector. I also take part in speaking engagements at universities and other events, where I aim to motivate and empower young women engineers.

The energy industry is known for its complexities. What were some significant challenges you faced along the way, and how did you navigate through them to achieve your goals?

In the renewable energy industry, I have indeed faced several significant challenges along the way. The complexities within the energy industry have required careful navigation and innovative strategies to overcome.

Limited Access to Funding: One of the major challenges has been the limited availability of funding and financial resources. Building and scaling renewable energy projects require significant investments, and securing adequate funding can be a daunting task. To overcome this challenge, I actively sought out partnerships with investors, financial institutions, and international organizations that share our vision of sustainable energy solutions.

Regulatory Environment: Policies and regulations in the energy industry sometimes do not adequately support the growth and development of renewable energy projects. This creates hurdles for implementation and slows down market growth. To address this challenge, we actively engage with government agencies, policymakers, and industry associations to advocate for favorable policies and regulations.

Availability of Foreign Currency: Another challenge we encountered was the availability of foreign currency. This affected the importation of necessary equipment, materials, and components required for renewable energy projects. To navigate through this challenge, we worked closely with financial institutions and partners to explore alternative financing options and strategies for sourcing essential resources locally. This helped us overcome the limitations posed by currency availability.

Impact of the COVID-19 Pandemic: The COVID-19 pandemic had a significant impact on the renewable energy industry. It disrupted supply chains, leading to delays in project implementations and hindering access to necessary materials and resources. Additionally, the closure of construction sites and limitations on international travel also affected progress. To navigate through this challenge, we adapted our operations by implementing remote working arrangements, exploring local supply chains, and prioritizing the safety and well-being of our employees.

Internal Conflict: The internal unrest between the Ethiopian government and the Tigray People's Liberation Front further added to the challenges faced in the industry. This conflict disrupted operations, hindered project progress, and impacted stability in the region. To navigate through this challenge, we closely monitored developments and made necessary adjustments to ensure the safety of our staff and projects.

Despite these challenges, we remain committed to our goals of promoting sustainable energy solutions.

What advice would you give to young females aspiring to excel in the energy sector? Are there any specific strategies or mindsets that helped you overcome obstacles and reach your current position?

As a young female aspiring to excel in the energy sector, I would advise you to:
  • Embrace Challenges: Be open to stepping out of your comfort zone and taking on challenging roles or projects. Sometimes, it's in these unfamiliar territories that you discover your true passion and purpose.
  • Seek Opportunities to Learn: Look for opportunities to gain knowledge and skills in the energy sector. Attend workshops, webinars, and conferences, and stay updated with the latest advancements in the industry. Continuous learning will help you stay ahead and excel in your field.
  • Build a Strong Network: Connect with professionals in the energy sector, both male and female. Networking can provide you with mentorship, guidance, and valuable connections that can help you overcome obstacles and reach your goals.
  • Be Resilient: Overcoming obstacles is a part of any career journey. Develop a mindset of resilience, tenacity, and determination. Learn from failures, adapt and keep moving forward towards your goals.
  • Find Your Passion and Purpose: Identify what truly motivates and inspires you in the energy sector. Whether it's finding solutions to community problems, like energy poverty, or innovating in the field of sustainable farming, align your work with your passion and become a driving force for positive change.
Remember, success is a journey, and perseverance, continuous learning, and passion will be your guiding lights along the way.

A career in energy can be demanding. Could you describe a typical day in your life?

A career in the energy sector is indeed demanding, and I can relate to the challenges you are facing. Here is a glimpse into a typical day in my life:

6:00 am: I start my day with exercise, either by going for a run or hitting the gym. Physical activity helps me stay energized and focused throughout the day.

8:00 am: I begin my workday by checking emails and reviewing my schedule for the day. This allows me to prioritize tasks and address any urgent matters.

9:00 am: I usually have meetings with my team to discuss ongoing projects, review progress, and address any challenges or opportunities. These discussions involve brainstorming solutions, making strategic decisions, and coordinating resources effectively.

11:00 am: I dedicate this time to collaborating with partners and stakeholders in the energy industry. This may include attending online conferences or meetings to explore potential collaborations, partnerships, or funding opportunities. Building strong relationships and networking are vital for success in this industry.

1:00 pm: I usually bring my lunch or breakfast to the office and have it around this time. Taking a break to nourish myself is important for maintaining focus and productivity.

6:00 pm: My work typically continues until this time, but it may sometimes extend to 8:00 pm or later, depending on the demands of the day. I prioritize completing pending tasks, following up on important matters, and preparing for the next day.

I understand the challenges of balancing work and family life. I am fortunate to have the support of my understanding and supportive family, especially my husband who is also my business partner. His sacrifice and dedication to our shared vision have been instrumental in establishing Green Scene Energy UK. While it can be demanding, I try to find a balance and make time for my family and personal interests like running and dancing.

Looking ahead, what changes or advancements do you hope to see in the energy sector, and how do you envision your role in shaping that future?

Looking ahead, I have several hopes for changes and advancements in the energy sector:
  • Energy Access for All: I hope to see a significant shift to ensure universal access to clean and affordable energy. I hope to see advancements in technology and innovative business models that can bring energy access to underserved communities, both in rural and urban areas.
  • Green Scene's vision is to contribute to the national electrification plan. Manufacturing solar appliances for rural households and generating energy with Power Purchase Agreements (PPA) are promising approaches.
  • Manufacturing Solar Appliances: By manufacturing solar appliances specifically designed for rural households, Green Scene can help bridge the electricity gap in Ethiopia. This initiative will provide access to clean and affordable energy for millions of households, improving their quality of life, and supporting socio-economic development.
  • Generating Energy with PPAs: PPAs can play a crucial role in increasing renewable energy generation capacity. By partnering with private investors, government entities, or utilities, Green Scene can establish renewable energy power plants and sell the generated electricity through long-term agreements.
Distributed by APO Group on behalf of African Energy Chamber.

SOURCE
African Energy Chamber



25 Under 40 Energy Women Rising Stars: Ibilola Akinnola

PRESS RELEASE
25 Under 40 Energy Women Rising Stars: Ibilola Akinnola
Ibilola Akinnola is the LNG Shipbroker at Maersk

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JOHANNESBURG, South Africa, August 22, 2023/ -- As Africa’s energy sector expands, innovative approaches to exploring, developing and distributing energy are required. Featured on Africa’s 25 Under 40 Energy Women Rising Stars list is Ibilola Akinnola, who currently serves as an LNG Shipbroker at Maersk. Akinnola spoke with the African Energy Chamber (www.EnergyChamber.org) about the industry, some of the challenges she faced and what message she has for young females aspiring to excel in the energy sector.

Please share a brief overview of your journey in the energy industry that led to your current role? What are some key achievements or milestones that you are particularly proud of?

My journey in the energy sector started as a young lawyer in Lagos, Nigeria. After finishing my undergraduate degree in the UK and returning to Nigeria for law school, my interest in corporate law shifted to oil and gas law. As Nigeria remains predominantly an exporting country, oil and gas law ultimately led me to shipping law. My interest in the energy industry was sparked by my work at ACAS-Law (now Dentons ACAS-Law) as an oil and gas solicitor and shipping barrister. Due to the global nature of the shipping business, my experience as both a maritime barrister and oil and gas solicitor involved working on transactions for notable entities such as APM Terminals and NNPC on matters ranging from an arrest of a vessel in Nigerian waters to oil field acquisitions in the Niger Delta region for regional companies such as Seplat Nigeria.

Subsequently, I decide to return to the United Kingdom to further my understanding of the industry, by embarking on a master’s degree in International Shipping Law with a focus on trade disparities in the application of international shipping conventions in developing countries vs developed countries and the goal of specializing in shipping as a commodity. My master's degree highlighted the need for energy development in developing nations, particularly in African countries. I completed my master’s degree in 2020 and began working as an energy trainee for Energias de Portugal (EDP), a Lisbon-based Portuguese energy company, further expanding my network into European energy. This elevated me into price reporting at S&P Global, where I emerged as the sole market specialist for LNG freight markets in the Atlantic basin. It was here I saw the consolidation of all my contacts in Africa, Europe, and other locations as I analyzed and priced LNG shipping deals done west of the Suez Canal, covering Europe, Africa, and the Americas. This journey paved the way for my current role as an LNG Shipbroker at Maersk Broker.

Over the course of my career, which has covered three major continents, I have achieved a multitude of outstanding feats and pivotal milestones, these achievements include, but are not limited to:
  • Dentons Acas-Law legal team due diligence the oil field acquisition of OPL 276, situated in the eastern Niger Delta region.
  • Pioneering the conceptualization and launch of two first-to-market price assessments during my tenure at S&P Global. The first price assessment for two-stroke ships in the spot market to be assessed and published.
  • Elevated the role of LNG freight market specialist at S&P Global by amplifying visibility and fostering critical engagement on trade flow shifts. Notably, I was invited to present at the 44th Annual Caribbean Energy Conference in Santo Domingo, Dominican Republic, January 2023.  Engaging with regional stakeholders to analyse the effect of freight markets and trade dynamics within the Caribbean context.
  • Driving over 30% increase in engagement with African stakeholders in the LNG industry at Maersk Broker, looking to both small-scale LNG and larger scale shipping to ease entry into the global LNG shipping market of African entities.
The energy industry is known for its complexities. What were some significant challenges you faced along the way, and how did you navigate through them to achieve your goals?

Navigating my journey, I encountered pivotal challenges that underscored the importance of access and opportunity. Foremost among these challenges was the perpetual struggle of gaining entry. Whether grappling with visa complexities as an international student seeking work in the UK during the pandemic's peak or contending with visa delays inherent to my Nigerian passport, my pursuit as an African in a global industry was marked by shut doors. A notable instance materialized in October 2020 when the onset of the COVID-19 pandemic not only shuttered international borders but also stagnated economies and hiring processes. This compelled me to depart from my role at EDP, returning to Nigeria and effectively commencing from square one at a juncture when I anticipated my career to flourish.

At the core of my approach lies the fundamental tenet, "Where there's a will, there's a way." Confronting such challenges has honed my capacity to pivot and adapt. During the subsequent four months spent in my parents' Nigeria home, I dedicated myself to applying for international opportunities in shipping and energy that transcended geographical confines and offered visa sponsorships. I harnessed the power of LinkedIn to cultivate my online network, compensating for my inability to be physically present in London or Lisbon for industry engagement. It was during this phase that and soon thereafter the opportunity at S&P Global came and I was back on a flight to London in February 2021.

Through persistence, adaptability, and a tenacious spirit, I've embraced the philosophy that challenges are not barriers but rather pathways to novel opportunities. My journey has reiterated the significance of resourcefulness in carving one's way forward and leveraging my unique blend of cultures from working and living in different environments as a strength.

What advice would you give to young females aspiring to excel in the energy sector? Are there any specific strategies or mindsets that helped you overcome obstacles and reach your current position?

For young women with aspirations to excel in the dynamic energy sector, I offer the following guidance: embrace the courage to stand out, for it is often in those moments of distinctiveness that we carve our path to success. Allow your curiosity to guide you across diverse industries, as every experience will contribute to your growth and versatility. Don't be hesitant to welcome new challenges, for it is within these uncharted territories that your greatest innovation and capabilities can flourish. In a traditionally male-dominated field, it's essential to recognize the power of your uniqueness. Your different perspective, insights, and approaches can yield solutions that may not have been considered before. The energy sector is continuously evolving, demanding fresh perspectives to address complex challenges and drive innovation. By daring to stand out, you not only bring your own voice to the table but also contribute to the transformation of an industry that would only ever thrive on diversity of thought.

A career in energy can be demanding. Could you describe a typical day in your life?

In my role as a shipbroker, my days are a blend of diverse activities. I kickstart with emails, follow up on any ongoing discussions or shipping requirements from the days before and stay updated on the latest market developments. Engaging with clients in chartering discussions and opportunities, ensuring all viable opportunities are maximized. I delve into market research to provide accurate insights while continuously seeking networking opportunities enhances my industry connections.

Guiding clients through decisions and creatively solving problems are fundamental components to the role. As the day winds down, I ensure updates are shared with clients and colleagues alike. It's a fast-paced, rewarding role that relies on effective communication, thorough research, and adaptability to navigate the dynamic world of LNG shipping.

Looking ahead, what changes or advancements do you hope to see in the energy sector, and how do you envision your role in shaping that future?

Looking ahead, I envision a shift towards sustainable energy sources, driven by renewable technologies and innovative solutions to foster a greener future. In this landscape, I hope to bring a diverse perspective whereby I can merge my cultural insights with global industry trends and foster truly global trade in energy markets- particularly with the goal of maximizing Africa’s full energy potential.
Distributed by APO Group on behalf of African Energy Chamber.

SOURCE
African Energy Chamber


Saturday, August 19, 2023

Oppenheimer: So, You’ve Watched the Film – Now Find Out How It Was Made


Hoyte van Hoytema ASC NSC FSF on Oppenheimer

WEAPONS OF MASS DESTRUCTION


The latest collaboration between Hoyte van Hoytema ASC NSC FSF and Christopher Nolan sees them take on their most groundbreaking creative project yet, bringing the fascinating true story of “father of the atomic bomb”, theoretical physicist J. Robert Oppenheimer, to the screen
So, you’ve watched the film – now find out how it was made in our latest Long Read, available for 48 hours only!
 
Along with its pink-hued peer Barbie, Oppenheimer has been one of the cinematic stars of the summer. Christopher Nolan’s latest epic, a biopic of physicist J. Robert Oppenheimer, saw the director team up once again with visionary DP Hoyte van Hoytema ASC NSC FSF on their most groundbreaking creative project yet.
 
Find out more about van Hoytema’s lensing choices, including his “magic mix” of IMAX and more “workhorse” 65mm cameras, the challenges of shooting black-and-white on big format, and developing custom optics with Panavision’s Dan Sasaki.
 
“I love building things,” the DP says of his creative cinematography. “I always get a big kick out of enabling shots or enabling ways of storytelling that you haven’t seen before, and especially in these times where people think they can do whatever they can come up with in CGI…I always like to challenge myself and find the equivalent of a good CGI [shot] in the physical world, because I think the physical world brings a certain level of tangibility that is unobtainable in CGI.”
 
Available to read for free for just one weekend only – don’t miss out!
https://britishcinematographer.co.uk/hoyte-van-hoytema-asc-nsc-fsf-oppenheimer/


Friday, August 18, 2023

Former Nigerian Minister of State Professor Ibe Kachikwu to Participate at African Energy Week (AEW) 2023 as Keynote Speaker


African Energy Chamber

PRESS RELEASE
Former Nigerian Minister of State Professor Ibe Kachikwu to Participate at African Energy Week (AEW) 2023 as Keynote Speaker

The African Energy Chamber is pleased to announce the participation of Prof. Ibe Kachikwu, Former Honorable Minister of State, Petroleum Resources of Nigeria at African Energy Week 2023

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JOHANNESBURG, South Africa, August 17, 2023/ -- African Energy Week (AEW) 2023 – Africa’s premier event for the energy sector – taking place from 16 – 20 October in Cape Town will feature Prof. Ibe Kachikwu, Former Minister of State, Petroleum Resources of Nigeria, as a keynote speaker. During the event, Kachikwu will shape crucial conversations around best practices to accelerate the African energy renaissance for energy security, economic growth and sustainable development.

A seasoned industry executive with extensive expertise and a well-established presence in the global energy sector, Kachikwu is well positioned to drive serious AEW 2023 dialogue on investment and partnership opportunities available within the Nigerian and African energy landscapes. During his career in energy which spans over 31 years, Kachikwu served as General Managing Director of now diversified global energy firm, Nigerian National Petroleum Corporation (NNPC), and as President of the Organization of the Petroleum Exporting Countries (OPEC), the Gas Exporting Countries Forum (GECF) and the African Petroleum Producers Organization (APPO).

Kachikwu’s dedication to revolutionizing the global energy sector has been nothing short of monumental. As Minister of State, Petroleum Resources, Kachikwu orchestrated the transformation of Nigeria’s oil and gas sector through a series of policy reforms, partnerships with global players and the implementation of several significant projects. These endeavors were designed to enhance energy production, infrastructure, and overall industry development.

Among these projects are TotalEnergies’ initiation of the development of the Egina and Ikike oil fields, Chevron’s milestone accomplishment of producing clean diesel from natural gas feedstock at the Escravos Gas-to-Liquids plant, the expansion of the Uquo Gas Processing plant, the proactive launch of Eni’s Zabazaba-Etan field development, and the commencement of a series of exploration activities.

In his roles within GECF, APPO, and GECF, Kachikwu’s impact on elevating energy production and monetization across African nations for bolstering local, regional, and global energy market resilience, as well as fostering robust gross domestic product growth, has been profound.

At NNPC, he played a leadership role in strategically cultivating new investments, forging new partnerships, and maximizing infrastructure development to ensure optimal exploration, utilization, and monetization of Nigeria’s vast reserves for energy security and a sustainable economic growth. Owing to the accomplishments realized and the enduring groundwork established during Kachikwu’s tenure at NNPC, the company persists in attaining even more remarkable milestones. Today, it stands among Africa’s foremost energy enterprises and ranks as one of the continent’s most successful national oil corporations.

“Prof. Ibe Kachikwu has played a crucial role in maximizing the development and exploitation of Nigeria and Africa’s energy resources for economic, social and environmental benefits in a sustainable manner. His leadership role has unlocked a series of investments and partnerships aimed at boosting energy access and the growth of African economies. Now that Africa is seeking to maximize the sustainable growth of the energy sector for a just and inclusive energy transition, guidance from leaders and experienced industry executives like Kachikwu is vital,” states NJ Ayuk, the Executive Chairman of the African Energy Chamber.

AEW is the AEC’s interactive exhibition and networking event that seeks to unite African energy stakeholders, drive industry growth and development, and promote Africa as the destination for African-focused events. For more information, visit www.AECWeek.com.
Distributed by APO Group on behalf of African Energy Chamber.

SOURCE
African Energy Chamber



African Energy Week (AEW) 2023 Africa-Europe Roundtable to Discuss the Competing Priorities and Potential Collaboration

 


African Energy Chamber
 

PRESS RELEASE
African Energy Week (AEW) 2023 Africa-Europe Roundtable to Discuss the Competing Priorities and Potential Collaboration
During African Energy Week 2023, a spotlight will be placed on the collaborative efforts between Africa and Europe in achieving global energy security while facilitating a just transition

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JOHANNESBURG, South Africa, August 18, 2023/ -- The global energy landscape is at a crossroads, with Europe and Africa facing distinct yet intertwined challenges in their pursuit of sustainable development. As the African Energy Week (AEW) approaches, the stage is set for a critical discussion on the delicate balancing act required to harmonize Europe's renewable energy aspirations with Africa's drive towards oil and gas-powered industrialization. At the upcoming Africa-Europe Roundtable Discussion to be held at AEW - scheduled for October 16-20 in Cape Town - participants will delve into the complexities of these competing priorities, highlighting the need for collaboration and innovative solutions.

Historically, Africa has been heavily reliant on external financial assistance for its energy projects, rendering it susceptible to shifts in global policies and investment trends. While foreign aid has facilitated advancements in renewable energy, Africa's untapped oil and gas reserves, comprising a staggering 620 trillion cubic feet of gas and 125.3 billion barrels of oil, hold the potential to revolutionize the continent's energy landscape and spur sustainable economic growth. The imperative here is to transition away from aid dependency towards commercial relationships that enable Africa to harness its own energy potential.

In recent times, Europe has shown a strong commitment to transitioning towards renewable energy sources. This shift is driven by growing environmental concerns and the global push for decarbonization. A notable example is the EU's Africa-EU Green Energy Initiative, a forward-thinking framework with three key objectives: improving access to affordable and environmentally friendly energy, promoting investment in renewable energy projects, and encouraging community involvement while ensuring financial backing. While investing in renewable energy in Africa is crucial for the continent's decarbonization goals, Africa also remains determined to utilize its substantial oil and gas reserves to drive economic growth and industrialization. This contrast in priorities has created a distinct challenge, demanding a considerate and strategic approach to achieve mutual progress while effectively tackling energy security and climate change issues.

Amidst the turmoil of the Russia-Ukraine conflict, a notable paradigm shift occurred as Europe found itself compelled to explore alternative energy sources, such as African gas and coal imports, underlining the intricate interdependence of these continents and its energy resources. This scenario reinforces the imperative for open dialogues and cooperative strategies to address shared energy challenges.

While Europe's emphasis on renewable projects is undeniable, the partnership between European companies and African counterparts has been pivotal in advancing oil and gas initiatives. Collaborative efforts such as TotalEnergies' involvement in the Egina deepwater field in Nigeria and Eni's projects across several African nations, notably Mozambique’s Coral Sul, exemplify the positive impact of such partnerships. Beyond mere energy production, these ventures contribute to job creation, skills development, and economic empowerment, aligning with Africa's drive for industrialization.

Meanwhile, nations like Tanzania and Mozambique are positioning themselves as vital players in Europe's search for alternative gas sources. With visionary offshore projects and forthcoming liquefied natural gas (LNG) initiatives, these countries are poised to cater to Europe's energy demands in the near future. This emerging synergy reinforces the importance of Africa's resources in Europe's quest for energy diversification.

As the Africa-Europe Roundtable Discussion at AEW approaches, the focus is on fostering comprehensive dialogue between African executives and European investors. This platform transcends traditional aid frameworks, aiming to establish mutually beneficial commercial collaborations that address Africa's energy needs while offering lucrative opportunities to European investors. The roundtable's significance is paramount, as it not only tackles immediate energy challenges but also catalyzes broader economic growth and trade between the two continents.

The balancing act between Europe's renewable agenda and Africa's oil and gas ambitions is complex but not insurmountable. The Africa-Europe Roundtable discussion at AEW stands as a pivotal moment in shaping this collaborative journey. By navigating these competing priorities and fostering strategic partnerships, both continents can pave the way for sustainable energy, economic growth, and global cooperation.

AEW is the AEC’s annual conference, exhibition and networking event. AEW 2023 will unite African energy policymakers and stakeholders with global investors to discuss and maximize opportunities within the continent’s entire energy industry. For more information about AEW 2023, visit https://AECWeek.com
Distributed by APO Group on behalf of African Energy Chamber.

SOURCE
African Energy Chamber


African Energy Week (AEW) 2023 Welcomes UTM Offshore as Official Sponsor of the Invest in Nigeria Energies Spotlight

 



African Energy Chamber
 

PRESS RELEASE
African Energy Week (AEW) 2023 Welcomes UTM Offshore as Official Sponsor of the Invest in Nigeria Energies Spotlight
The African Energy Chamber is proud to announce UTM Offshore as the official sponsor of the Invest in Nigeria Energies forum, taking place during African Energy Week 2023

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JOHANNESBURG, South Africa, August 18, 2023/ -- As Nigeria’s energy sector grows, service companies are playing an increasingly more important role in driving the sustainable development of the energy value chain. Companies such as UTM Offshore, a Nigerian-based marine and logistics services company, have and will continue to be instrumental in supporting the sustainable growth of the industry while advancing energy access and industrialization. 

In this regard, the African Energy Chamber (AEC), representing the voice of the African energy sector, is proud to announce that Nigerian marine and logistics services provider UTM Offshore is the official sponsor of the Invest in Nigeria Energies country spotlight session at the African Energy Week (AEW) conference. AEW represents the continent's premier event for the energy sector and is scheduled to take place from 16-20 October in Cape Town. UTM Offshore’s sponsorship of the Nigerian country spotlight session follows the company joining the conference as a Platinum Sponsor, and is a testament to the commitment of UTM Offshore to spearhead discussions and deals in Nigeria’s energy market.

With Nigeria prioritizing the development of its 200 trillion cubic feet of proven natural gas reserves for a just and inclusive energy transition, the role of companies such as UTM Offshore continues to grow. Natural gas represents a priority resource for the government, owing largely to its sustainability and availability, and UTM Offshore is committed to expanding the domestic gas market.

Since the company’s establishment in 2012, UTM Offshore has played a central role in developing, managing and deploying solutions for the maritime and oil services sectors in West Africa. The company has prioritized partnerships with regional and global energy companies and investors as part of a broader strategy to accelerate the penetration of new investments in Africa’s energy sector. With a focus on delivering sustainable solutions for the monetization of energy resources in Africa, UTM Offshore works towards advancing energy security and socioeconomic development.

One of the company’s largest gas developments underway is the UTM Offshore-led Floating Liquefied Natural Gas (FLNG) project, located in Akwa Ibom State. Representing the first FLNG deployed in the country, the project will enhance gas monetization in Nigeria. In December 2021, the company signed an agreement with the African Export–Import Bank (Afreximbank) for the provision of $5 billion in funding to develop the project. Following the initial deal, the firm also partnered with global engineering and services firms including JGC Corporation, Technip Energies and Kellogg Brown & Root to fast-track the project’s deployment. In July 2023, UTM Offshore and Afreximbank inked the preparation facility agreement for the project.

In addition to pioneering the FLNG project, UTM Offshore plays a key role in accelerating infrastructure development in Nigeria through the provision of world-class and innovative marine and logistics services. UTM Offshore’s distinguished role as a platinum sponsor for AEW 2023, coupled with their esteemed position as the official sponsor of the Invest in Nigeria Energies session, is a testament to its commitment to driving investments and empowering the future of Nigeria’s energy industry.

“UTM Offshore’s commitment towards the expansion of Nigeria’s economy has paved the way for the development of critical facilities and infrastructure. By pioneering the country’s first FLNG project, UTM Offshore is spearheading Nigeria’s just energy transition, and other African energy companies stand to learn a great deal from UTM Offshore,” stated NJ Ayuk, the Executive Chairman of the AEC.

As the official sponsor of the Invest in Nigeria Energies spotlight at AEW 2023, UTM Offshore will participate in high-level panel discussions, presentations, and exclusive networking and deal signings, showcasing the company’s strategic plan within Nigeria’s burgeoning energy sector. The country spotlight takes place under the AEW 2023 umbrella theme, "The African Energy Renaissance: Prioritizing Energy Poverty, People, the Planet, Industrialization, and Free Markets," and will unveil a spectrum of investment and partnership prospects within the West African country.

AEW is the AEC’s interactive exhibition and networking event uniting African energy stakeholders, driving industry growth and development, and promoting Africa as the destination for African-focused events. For more information about sponsorship, attendance, and partnership opportunities, visit www.AECWeek.com
Distributed by APO Group on behalf of African Energy Chamber.

SOURCE
African Energy Chamber



Thursday, August 17, 2023

Dr. Precious Moloi-Motsepe To Deliver Keynote at Africa Women Innovation and Entrepreneurship Forum (AWIEF) 2023 Conference in November in Kigali

 


Africa Women Innovation and Entrepreneurship Forum (AWIEF)
 

PRESS RELEASE
Dr. Precious Moloi-Motsepe To  Deliver Keynote at Africa Women Innovation and Entrepreneurship Forum (AWIEF) 2023 Conference in November in Kigali
Dr. Moloi-Motsepe is the Co-founder of the Motsepe Foundation, one of the largest foundations on the continent

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CAPE TOWN, South Africa, August 17, 2023/ -- The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (https://www.AWIEForum.org) has confirmed that esteemed South African businesswoman, philanthropist, and fashion entrepreneur, Precious Moloi-Motsepe will deliver a keynote address at the 2023 edition of their prestigious annual AWIEF Conference and Awards.

AWIEF2023 Conference and Awards will take place on 9 and 10 November 2023 at the Kigali Convention Centre, Kigali, Rwanda, in partnership with the Ministry of ICT and Innovation of Rwanda, Private Sector Federation (PSF) Rwanda – Specialized Cluster, and Rwanda Convention Bureau.

Dr. Moloi-Motsepe is the Co-founder of the Motsepe Foundation, one of the largest foundations on the continent. The work of the Foundation is aligned to 12 of the 17 Sustainable Development Goals (SDGs) outlined by the United Nations, demonstrating its commitment to promoting sustainable development and making a positive impact on the continent.

She is also the Chancellor of the University of Cape Town, and the Founder of African Fashion International (AFI), a globally affiliated enterprise that champions African creatives and facilitates their entrance into global markets.

Currently in its 9th year, the award-winning AWIEF Conference is Africa's leading entrepreneurship event and provides a powerful platform for bringing together thought leaders, policymakers, development partners, and stakeholders in the African entrepreneurship and innovation ecosystem for high-level discussions on Africa's economic development challenges and proffering inclusive solutions.

By bringing together a pan-African and international representation of business owners, leaders, and communities, the AWIEF event promotes intra-Africa trade, shines a light on achievements and acts as a catalyst to network, share knowledge, engage in dialogue, and learn from experts and peers across the continent’s borders and beyond.

With the theme Leveraging the Power of the Digital Economy: Innovate, Redefine, Empower, this year’s event aims to boost inclusivity, enhance partnerships, and empower startups and enterprises in the digital economy.

About her participation in AWIEF2023, Dr. Moloi-Motsepe said: “If we work together and act decisively, we can attain gender equality in our lifetimes. Using the power of the digital economy to drive African female entrepreneurship and innovation is a key dimension of this journey. I am excited about AWIEF2023, and proud to be a participant. Let’s use the opportunity to meet, learn, collaborate, and inspire, and in so doing build the momentum we need to empower all the women of Africa.”

Irene Ochem, AWIEF Founder and CEO said: “We are honoured and excited at the participation of Dr. Moloi-Motsepe in AWIEF2023, an exemplary global philanthropist and businesswoman. She is a leading advocate and driving force for the advancement of women in leadership and gender equality and serves as an inspirational figure and role model for women in business.”

Dr. Moloi-Motsepe joins a powerful global speaker faculty for AWIEF2023, including H. E. Paula Ingabire, Minister of ICT and Innovation, Rwanda, Fatma Samba Diouf Samoura, Secretary General, FIFA, Clare Akamanzi, CEO, Rwanda Development Board, Cosmas Zavazava, Chief of Department, Partnerships for Digital Development, International Telecommunication Union, Yvonne Manzi Makolo, CEO, RwandAir and Chairperson, Board of Governors, IATA, and Eleanor Nwadinobi, President, Medical Women's International Association (MWIA).

To register for AWIEF2023, follow this link: https://apo-opa.info/3OHNxPI
Distributed by APO Group on behalf of Africa Women Innovation and Entrepreneurship Forum (AWIEF).
 
Media enquiries:
Riana Andrews
Email: info@awieforum.org

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Africa Women Innovation and Entrepreneurship Forum (AWIEF)


Afrobeats’ Star Ruger to Perform at African Energy Week's (AEW) Just Energy Transition Concert with a Call to Make Energy Poverty History

 


African Energy Chamber
 

PRESS RELEASE
Afrobeats’ Star Ruger to Perform at African Energy Week's (AEW) Just Energy Transition Concert with a Call to Make Energy Poverty History
It is with immense excitement that the African Energy Chamber reveals Ruger as one of the esteemed performers for the forthcoming Just Energy Transition Concert

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JOHANNESBURG, South Africa, August 17, 2023/ -- In anticipation of Africa's premier energy event, African Energy Week (AEW) 2023, the African Energy Chamber (AEC) (www.EnergyChamber.org) is thrilled to introduce Ruger as a headline artist for the Just Energy Transition Concert on October 16, 2023, at Cape Town's Cabo Beach Club. This exciting concert blends music and the energy sector, uniting individuals from diverse fields to celebrate progress towards a sustainable world.

Ruger, known for hit tracks like "Bounce," skyrocketed to fame with chart-topping success. His unique Afro-dancehall style combines Afrobeats and dancehall elements, shaping his distinct musical identity. Ruger's songs, including "Dior," have garnered millions of views and streams, showcasing his talent for crafting resonant hits.

As Ruger takes centre stage, his presence signifies more than just a captivating performance. His influence aligns perfectly with the AEC’s vision to encourage and engage youth participation at AEW. By having Ruger at the event, the AEC aims to inspire meaningful discussions about Africa's energy landscape, fostering empowerment and ownership among the youth.

“We are excited to feature Ruger at the Just Energy Transition Concert. This significant event aligns with AEW23's focus on prioritizing energy poverty, well-being, sustainability, industrialization, and championing free markets. Ruger's performance will undoubtedly bring his artistic brilliance to the atmosphere, inspiring young individuals to actively engage in the ongoing dialogue about a just energy transition in Africa. We invite all to join us in celebrating this remarkable fusion of music and energy discourse” states Oneyka Cindy Ojogbo, African Energy Chamber advisory board member.

As participants eagerly anticipate AEW 2023, they can look forward to the vibrant energy and electrifying performance Ruger, and other artists, are set to bring to the stage, creating an unforgettable experience that that resonates with the event's mission of driving sustainable energy solutions and positive change. This concert provides an exclusive platform, inviting energy stakeholders and music enthusiasts to converge and engage in energy-related discussions. By intertwining music and the energy sector, the Just Energy Transition Concert carves a unique niche as an innovative venture.

AEW is the AEC’s annual conference, exhibition and networking event uniting African energy policymakers and stakeholders with global investors to discuss the opportunities across the continent’s energy industry. For more information about AEW 2023, visit www.AECWeek.com
Distributed by APO Group on behalf of African Energy Chamber.

SOURCE
African Energy Chamber