With estimated recoverable gas resources of around 57 trillion cubic feet (tcf), Tanzania will feature as part of an East African regional spotlight at Invest in African Energy (IAE) 2024, as the country seeks partners across various exploration, development and processing activities.

Since discovering large volumes of offshore gas, Tanzania has initiated plans to become a major LNG exporter. The country’s flagship Tanzania LNG project – set to process gas from fields operated by Equinor, Shell and ExxonMobil, producing 10 million metric tons per year – is awaiting the signing of a host government agreement that would enable the start of development. Shell’s Blocks 1 and 4 have an estimated 16 tcf of gas in place, while Equinor’s Block 2 has yielded nine discoveries with more than 20 tcf of estimated reserves. Last November, the governments of Tanzania and Uganda signed an agreement to undertake a feasibility study for the construction of a pipeline linking Tazania’s gas fields to Uganda.

Organized by Energy Capital&Power, IAE 2024 (https://apo-opa.co/3UMOOtQ) is an exclusive forum designed to facilitate investment between African energy markets and global investors. 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. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Tanzania has emerged as a regional leader in LPG distribution, owing to its strategic location on the Indian Ocean and flagship Kigamboni LPG Terminal, which imports LPG from the Middle East and delivers it by truck to the wider region. Tanzania’s Taifa Gas is currently leading construction of a $100-million LPG facility in northern Zambia, in partnership with Zambia’s Delta Marimba. Last November, the country also launched its first compressed natural gas filling station and conversion center in Dar es Salaam, developed by TAQA Dalbit – a joint venture between TAQA Arabia and JCG Oil&Gas.

Tanzania is expected to launch its fifth oil and gas licensing round by June 2024, with licenses to be awarded by December of the same year. While the details have yet to be disclosed, 26 oil and gas blocks have been initially allocated for tender, including 15 onshore and 11 offshore blocks. Representing the country’s first bid round in over a decade, the licensing round aims to accelerate foreign investment in the country’s upstream sector and showcase its highly prospective acreage. So far, Chinese national oil company CNOOC is leading exploration in the country – in collaboration with Tanzania Petroleum Development Corporation – and is conducting seismic surveys in deepwater blocks located nearby gas discoveries made by Shell, Equinor and ExxonMobil.

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

Nigeria’s Nextier Power CEO Emeka Okpukpara will speak at the Invest in African Energy (IAE) forum in Paris this May. Nextier Power is a multi-competency firm that solves complex development problems, with a focus on resolving power sector issues, improving market liquidity and enabling rural electrification.

Nigeria’s power sector is in the midst of a complete overhaul, as the Federal Government (FG) implements several reforms aimed at bridging the country’s metering gap, de-risking the sector and solving financial liquidity issues. These include adopting smart meters to generate revenues and increase electricity consumption, as well as decentralizing transmission lines and implementing new funding schemes. Earlier this week, the Federal Government announced a directive for the country’s electricity distributors to supply 6,000-6,500 MW of power within the next six months – up from 4,000 MW – to eliminate power cuts and boost power supply.

Organised by Energy Capital&Power, IAE 2024 (https://apo-opa.co/3UMOOtQ)  is an exclusive forum designed to facilitate investment between African energy markets and global investors. 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. To sponsor or participate as a delegate, please contact sales@energycapitalpower.com.

Nextier Power is expected to discuss opportunities to finance, service and expand Nigeria’s power sector – and across the continent – as the forum aims to connect bankable energy projects with the requisite investments. According to the IEA, Africa will need investments of up to $190 billion annually between 2026 and 2030 to meet rising energy demand. For Nigeria, the country’s focus is on prioritizing sufficient baseload power generation – primarily through coal- and gas-fired power plants – then gradually transitioning to cleaner sources of energy.

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

H.E Dr Omar Alieu TOURAY, president of the Economic Community of West African States (ECOWAS) Commission will attend the upcoming International Conference on the theme: “Freedom, Democracy, and Good Governance: A View from Cabo Verde.”

The conference is scheduled for April 8th and 9th, 2024, and will take place on the beautiful Sal Island in Cabo Verde.

The event aims to facilitate meaningful discussions, share innovative ideas, and encourage collaborative efforts among global leaders and stakeholders to strengthen democratic institutions and enhance governance.

A significant feature of the conference will be the introduction of the Sal Declaration, a manifesto emphasizing a collective commitment to democracy and proposing new paths for international cooperation and governance improvement.

ECOWAS’s participation in this conference underscores its vital role in promoting democracy and governance principles.

Distributed by APO Group on behalf of Economic Community of West African States (ECOWAS).

On this day 30 years ago, a brutal and systematic campaign of slaughter began in Rwanda. In the 100 days that followed, more than 800,000 women, men, and children were murdered. Most were ethnic Tutsis; some were Hutus and Twa people. It was a methodical mass extermination, turning neighbor against neighbor, and decades later, its repercussions are still felt across Rwanda and around the world. 

Today, as Rwanda begins its annual Kwibuka period of remembrance, the United States stands with the people of Rwanda in their grief. We honor the victims who died senselessly and the survivors who courageously rebuilt their lives. And we commend all Rwandans who have contributed to reconciliation and justice efforts, striving to help their nation bind its wounds, heal its trauma, and build a foundation of peace and unity. Those efforts continue to this day. 

We will never forget the horrors of those 100 days, the pain and loss suffered by the people of Rwanda, or the shared humanity that connects us all, which hate can never overcome.

Distributed by APO Group on behalf of The White House.