Sunday, October 5, 2025
Home Blog Page 1493

South Sudan: Strong Partnerships to Drive Oil Sector Growth

0

Holding interest in all exploration and production assets in South Sudan, South Sudan’s state-owned Nile Petroleum Corporation (Nilepet) holds eight joint ventures (JVs) with international partners. These partnerships are set to bring international expertise, technology and energy infrastructure to the sector while playing a critical role in supporting the growth of South Sudan’s oil market.

Partnerships and JV initiatives will be a key point of discussion during this year’s South Sudan Oil&Power (SSOP) 2024 conference and exhibition. This year’s summit presents a key avenue to foster dialogue and strengthen relations between South Sudan and its partners in the oil sector.

SSOP 2024 positions South Sudan at the center of investments and partnerships in the East African energy landscape. Taking place in Juba on June 25-28, 2024, the conference and exhibition invites investors to explore and engage with opportunities across the hydrocarbons, renewable energy and power sectors. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

The Engine of East African Growth

Through Nilepet’s JV with South Africa’s Strategic Fuel Fund – the Nile Orange Energy Project – the NOC and its partner recently completed its initial survey over South Sudan’s Block B2, setting the stage for further exploration activities. The survey was conducted by the South Sudan Geophysical Company, demonstrating the potential to drive local capacities being developed as part of international alliances.

In June 2023, Zimbabwe’s Energy and Power Development Minister Magna Mudyiwa engaged South Sudan to support sizeable oil and gas finds expected in the country’s Muzarbani area. The Minister highlighted South Sudan’s expertise in the sector to offer advice on regulations, legal structures and handling of environmental issues to optimize oil recovery from the Cabora Bassa Basin in Zimbabwe’s Mashonaland Central Province.

South Sudan’s International Appeal

Nilepet met with the China National Petroleum Corporation last year to discuss renewing a production agreement that expires in four years. The meeting emphasized the need to increase oil production in Blocks 3 and 7 in the Paloch oil fields in the Upper Nile region of South Sudan, which is operated by the Dar Petroleum Oil Operating Company consortium. The consortium features participation from Chinese, Malaysian and Egyptian companies as partners.

Meanwhile, poised to export refined petroleum products to the wider East African region, development of the Bentiu Refinery is being overseen by SNP Group, a JV between Nilepet and Russia’s Safinat. The JV is currently looking to boost production and expand regional distribution from the refinery, which currently produces between 3,000 and 10,000 bpd.

In March 2023, Nilepet met with the Abu Dhabi National Oil Company to discuss a strategic vision for sustainable, reliable energy production and a commitment to an inclusive energy transition. With a focus on capacity building and partnerships, the companies discussed how South Sudan can leverage its oil resources to drive socioeconomic development on the back of mid- and downstream expansion.

Partnerships at the Center of Development

Nilepet is currently engaged in the SIPET Engineering and Consultancy Services JV, holding an 80% share along with Qingdao China Petroleum Geotechnical Engineering Company, which holds the remaining 20%. The NOC is also a majority owner in the Nile Delta JV along with Nigeria’s Niger Delta E&P, who own a 51% and 49% share, respectively. JV Nile Drilling Services is an operating company in South Sudan that is 90% owned by Nilepet and 10% owned by China’s Kerui Petroleum, while Nile-SLC is held by Nilepet (25%), South Africa’s CES Managed Services (36%) and Moloko Investment Group (49%).

In operations and maintenance, Nilepet holds a 31% interest in Dietsmann Nile S.A. Ltd. along with Italy’s Dietsmann Technology, which holds the remaining 69% interest. For technical support, Nilepet is engaged with Sudan’s Eyat in the NIYAT Oil Field Services JV, which hold a 40% and 60% stake, respectively. Meanwhile, the Nile Delta Systems JV is 51% owned by Nilepet while the remaining 40% stake is held by Poland’s Essesco.

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

Inner Drive: An epic journey, told through individual narratives

0

How does a startup, founded far from the advantages and resources of the world’s tech hubs, go on to reach unicorn status? And more deeply, just how far can the drive for meaning and purpose ultimately take you? The inDrive documentary (www.inDrive.com) sets out to answer these questions.

In an exclusive premier in Johannesburg, South Africa, the inDrive documentary offered audiences a rare glimpse into the heart and soul of the company, with never-before-seen footage and candid stories from the individuals at inDrive’s roots, including founder and CEO Arsen Tomsky.

Far from being a run-of-the-mill corporate film, this narrative delves deep into the butterfly effect of positive impact, illustrating how inDrive’s initiatives have rippled through communities, creating waves of change that extend far beyond their initial touchpoints.

In the frozen Yakutsk winter, a group of people band together against the unfair price collusion of taxi companies that leaves people stranded in the cold. One of them starts a social media group where people can request and offer rides, negotiating prices on their own terms.

It’s a simple enough idea, but it carries the potential to be revolutionary. From this frozen seed, a collective stance against injustice, inDrive takes root. Today, the company has grown to become the world’s second largest ride-hailing app, operating in over 700 cities in 46 countries, fuelled by deep-seated ideals and ambitions that extend far beyond profit.

inDrive wants to reimagine capitalism, no less: to put people back in control, restore their freedom to choose, and so make their lives better.

Among the heartwarming tales shared, the film follows the journey of Obadiah, a young Nigerian boy once enveloped in the despair of his surroundings. inDrive’s Beginit initiative is now paving the way for a brighter future for him and many others.

Reflecting on the film and its message, inDrive Founder and CEO Arsen Tomsky said: “We should focus on the path, on the journey. And if you do something important for you, that is very meaningful for you, and you develop an external environment during that journey, you are getting more and more with each step. And that is something which nobody can take from you. Even if you don’t reach a peak, you will have something available to you.”

The production is directed by Lagos/Nairobi-based, Emmy Award winner Dan McCain, and Greek producer and editor Theo Papadoulakis, each renowned for their talents in portraying everyday individuals facing remarkable situations. Dan is a prolific filmmaker who specializes in locally relevant and impactful storytelling, while Papadoulakis, recognized with over 70 international accolades, particularly excels in showcasing the resilience of the human spirit.

“In making this film with inDrive, we hope to honor the resilience and determination of individuals whose dreams lead to something profound. It’s a privilege to be part of a multi-country international production, collaborating with other talented directors, where we weave together inspiring narratives that add to the epic tale of human potential,” said Dan McCain.

Person by person, the documentary tells inDrive’s story. From the remarkable individuals in Nigeria, Indonesia, Mexico and beyond, who use the ride-hailing app to take control of their futures, to the communities who take their chance to move forward.

From Arsen Tomsky, the company’s visionary CEO, who overcomes challenges both personal and social to take an idea to the world, to the employees who come on board to help inDrive evolve and grow, fuelled by shared values and a common goal. It’s an epic journey, told by connecting people around the world. And it’s far from over.

Watch the inDrive movie here: movie.inDrive.com

Distributed by APO Group on behalf of inDrive.

Press Contact:
Public Relations Manager – inDrive Africa
Lineo Thakhisi
Phone: +2781 3636 872
Email: lineo.thakhisi@indriver.com

About inDrive:
inDrive is a global mobility and urban services platform. The inDrive app has been downloaded over 200 million times, and was the second most downloaded mobility app in 2022 and 2023. In addition to ride-hailing, inDrive provides an expanding list of urban services, including intercity transportation, freight delivery, task assistance and  courier delivery. In 2023, inDrive launched New Ventures, a venture and M&A arm.

inDrive operates in 749 cities in 46 countries. Driven by its mission of challenging social injustice, the company is committed to having a positive impact on the lives of one billion people by 2030. It pursues this goal both through its core business, which supports local communities via a fair pricing model; and through the work of inVision, its non-profit arm. inVision’s community empowerment programs help to advance education, sports, arts and sciences, gender equality and other vital initiatives.

For more information visit www.inDrive.com

CLG to Explore Africa’s Evolving Regulatory Landscape at Invest in African Energy (IAE) Forum

0

CLG CEO Zion Adeoye has been confirmed to speak at the Invest in African Energy (IAE) forum in Paris next week, addressing how investors can navigate the evolving legal and regulatory frameworks currently shaping Africa’s energy sector. 

As a leading Pan-African legal and business advisory group, CLG has extensive experience in the oil and gas sector, advising clients through large-scale transactions, complex regulatory landscapes and contractual negotiations across the continent. Notably, the firm recently announced its rebranding from Centurion Law Group to CLG, reflecting its transition into a modern and dynamic legal, business and tax partner of choice. The rebrand features expanded service offerings and responds to growing industry demand for strengthened leadership within Africa’s rapidly changing legal and regulatory environment.

Organized by Energy Capital&Power, IAE 2024 is an exclusive forum designed to foster collaboration between European investors and African energy markets. Taking place May 14-15, 2024, in Paris, the event offers delegates two days of intensive engagement with industry experts, project developers, investors, and policymakers. For more information, please visit www.Invest-Africa-Energy.com.

Last January, CLG successfully advised exploration and production group Oranto Petroleum in the renewal of its oil exploration license in Uganda, extending for two additional years and covering the Ngassa Deep and Ngassa Shallow exploration areas. In Nigeria, the firm recently advised Africa + Rain Cage Ltd., a subsidiary of global cleantech firm Rain Cage Carbon, on the world’s first renewable energy contract created from Advanced Carbon. The agreement aims to decarbonize Nigeria’s Sapele Power Plant and deliver 1,000 MW of renewable electricity.

The firm operates in several African markets including South Africa, Nigeria, the Republic of Congo, South Sudan, Mauritius, Ghana, Cameroon, Equatorial Guinea and Mozambique. CLG also operates in Germany and recently secured a listing on the Open Market of the Düsseldorf Stock Exchange under Calvert International AG. 

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

Ghana Gears up on Cyber Resilience in the Digital Economy

0

With Africa losing US$4 billion annually to cybercrime, the aggressors of the digital realm are gaining the upper hand. GITEX AFRICA 2024 (www.GITEXAfrica.com), the continent’s largest tech and startup exhibition, taking place from 29-31 May in Marrakech, Morocco, provides a platform for leaders and executives of Africa’s tech ecosystem to share insights on cybersecurity’s crucial role in Africa’s digital economy.

Cybersecurity Threats Accompany Digital Transformation

As Ghana’s digital economy continues to evolve at a rapid pace, with an ever-increasing reliance on digital infrastructure, so too does the inevitable exposure to cybersecurity and data protection threats. Acknowledging the paramount importance of cybersecurity and its role in protecting sensitive information, preserving trust, and contributing to the resilience of digital infrastructure, Ghana is proactively and strategically working to enhance its cyber resilience.

This strategic insight has resulted in the Global Cybersecurity Index ranking Ghana third amongst countries on the continent in terms of its commitment to cybersecurity.

Topics under discussion at the GITEX Africa Cybersecurity Forum include the role of high data costs in security vulnerability, Africa’s shortage of cybersecurity professionals, and the impact of poor security measures. Dr Albert Antwi-Boasiako, Director General of Ghana’s Cyber Security Authority, will share his insights on how Ghana is tackling these challenges.

A Proactive Approach to Safeguarding Digital Infrastructure

As early as 2015, the Ghanaian government developed the National Cybersecurity Policy and Strategy, reflecting the maturity of the country’s approach. In the following years, recognizing the importance of cybersecurity in safeguarding the country’s 24 million internet users (https://apo-opa.co/3JSm8sr#prId=302858), Ghana has implemented a number of key steps, including enacting the Cybersecurity Act 2020, which provides for the protection of critical information infrastructure, the prosecution of cybercrimes, and the protection of children online. This Act is a significant step towards creating a safer cyber environment in Ghana, and has resulted in the establishment of the Cyber Security Authority (CSA) (https://apo-opa.co/4buq3r9#prId=302858), which regulates and promotes cybersecurity in the country.

Building capacity and creating public awareness, ongoing research and development, and international cooperation are key elements of Ghana’s cybersecurity strategy. This includes developing a skilled workforce of cybersecurity professionals, and educating the public about the importance of cybersecurity and how they can mitigate it. This takes the form of workshops, seminars, and media campaigns. Universities and research institutions in Ghana are also focusing on cybersecurity research to foster innovation and develop solutions to cyber threats. In addition, collaborations with other countries, international organizations, and private sector entities all contribute to the country’s cyber resilience.

As Ghana continues to strengthen its cybersecurity framework, its potential as a destination for partners and investors looking for a reliable and safe digital landscape grows, positioning the country as a hub for technological advancement in Africa.

Powering Ghana’s digital future

The tens of thousands of attendees from 130-plus countries to GITEX Africa can look forward to hearing more insights on Ghana’s advancements in digital health from Darlington Akogo, Co-founder and CEO of minoHealth AI Labs, who is among more than 20 leading tech speakers from Ghana.

The nation’s giant strides in AI diffusion and tech-driven urban development will also come to the fore when Hon. Elizabeth Sackey, Mayor of Accra Metropolitan Assembly takes the stage at the GITEX Africa Digital Summit.

Rocky Dawuni, Musician, Singer-song Writer, and UN Goodwill Ambassador for the Environment for Africa, is another headline Ghanaian speaker, while the country’s vibrant start-up scene will be ably represented by some of the country’s premier award-winning start-ups, including Trotro Tractor, Winner of the KIC Agritech Challenge.

More information is available at www.GITEXAfrica.com.

Distributed by APO Group on behalf of GITEX Africa.

Media Contact: 
Tayce Marchesi – PR Executive 
Tel.: + 971 58 552 3994 
Tayce.Marchesi@dwtc.com 

On social media:
Facebook: https://apo-opa.co/3v1htkm#prId=302858  
Instagram: https://apo-opa.co/43gcRU0 #prId=302858 
Twitter: https://apo-opa.co/3TJoQXf#prId=302858 
LinkedIn: https://apo-opa.co/3VfTpoz #prId=302858 
YouTube: https://apo-opa.co/3vcZI1p#prId=302858 
Website: www.GITEXAfrica.com

About KAOUN International:
KAOUN International is the independent events company and wholly owned subsidiary of Dubai World Trade Centre (DWTC) established to organize and manage events internationally. Derived from the Arabic word ‘universe’, KAOUN International’s mission is to ‘Create Limitless Connections’ for the industries and markets in which it operates. Created to leverage the 40-year legacy of DWTC’s events management business and drive future MICE sector opportunity in the MENASA region. KAOUN International delivers game-changing live experiences that build robust business connections, create opportunity, and stimulate economic growth, building on DWTC’s extensive portfolio of business and consumer events spanning multiple sectors, including technology, food and hospitality, sustainability, broadcast and satellite, automotive, talent development and leisure marine.