AEC Canvasses Increased Investments, Private Sector Participation In Energy Sector

The Executive Chairman, African Energy Chamber (AEC), the organizers of African Energy Week (AEW), Mr. Nj Ayuk has disclosed that AEC will continue to campaign for increased investments and private sector participation.

This is partly based on the need to tackle energy poverty, increase productivity and achieve sustainable development in the continent.

Speaking at the just-concluded Invest in African Energy in London, he said: “The AEC will continue to campaign for increased investments and private sector participation and drive market liberalization of Africa’s energy sector by hosting many Invest in African Energy dialogues and deal signings with UK and African policymakers, private sector partners, energy stakeholders and investors

“Through high-level meetings, panel discussions, exclusive networking sessions and energy investment forums set to be held during the 2023 edition of the African Energy Week conference and exhibition – Africa’s premier event for the energy sector, which will be held from October 16 – 20 in Cape Town – the AEC will continue to be a leading voice in shaping and accelerating African energy developments.

“We would like you to continue to engage with our team throughout this year, as we promise more robust and technical dealmaking at AEW 2023. With the Invest in African Energy event in London a success, our road to Cape Town – where vast investment and partnership opportunities across Africa’s hydrocarbon-rich basins for global energy firms and investors will be showcased – started in London.

“Following a successful 2022 edition where $2.5 billion worth of deals to enhance Africa’s energy landscape were signed, AEW 2023 will be bigger and better. We will have a massive Upstream Conference to discuss new exploration and discoveries in Namibia, Ivory Coast, Senegal, Equatorial Guinea, Congo, Uganda, South Africa, Nigeria, Mozambique and the Maghreb countries while creating opportunities for other forms of energy like hydrogen, nuclear and new renewables, as the continent seeks to maximize its energy mix and developments to achieve a just transition.