1 If someone asked you to tell the story of the oil and gas industry in Africa, how would you do it?
2 Would you dwell on the missteps of the past or paint a bright picture of the future?
3 Or would you like to join us in telling the real story, which is much more nuanced and interesting?
4 At this year’s African Energy Week (AEW), October 18-21 in Cape Town in partnership with Afreximbank, we talk about what’s happening in Africa’s oil and gas sector in this moment: and what must happen next.
5 We will also sign agreements that will solve our energy problems.
7 We make the case for tapping deeper into Africa’s multi-faceted talent pool.
8 Consider our responses to the Bank of Central African States (BEAC), which developed a potentially devastating foreign exchange (FOREX) regulation: one that would essentially wipe out foreign investment and jobs in Central Africa’s energy industry.
9 It is very important that local and international stakeholders work together to recommend FOREX policies, approaches that meet the needs of local governments without jeopardizing free market opportunities for African job seekers and businesses.
10 These kinds of topics will be part of the discussions at AEW 2022.
11 You can’t love jobs and yet hate those who create them, and we need to look down on the ugly head of resource nationalism that has held us back when it comes to move along.
12 energy projects As a negotiator, I personally get goosebumps when deals are closed and then I want the next one.
13 We need to close deals and stop talking so much.
14 We track the growing number of African countries using competitive bidding processes to draw investors’ attention to their oil and gas assets, and we encourage these countries to adopt solutions such as fast-track licenses so they can improve results.
15 Adding renewable energy to Africa’s energy mix will be beneficial for African communities and the environment.
16 But increasingly, the global community seems to be pressuring Africa to transition to green energy at a dizzying pace, and just as quickly to say goodbye to our oil and gas industry.
17 We say NO.
19 The African Chamber of Energy has become an invaluable advocate for Africa’s oil industry during this time.
20 We have been calling for a well-planned strategic approach to our energy transition, one that considers the needs of Africans, today and tomorrow.
21 We don’t mind asking the big questions, like how Africa’s energy transition will be financed.
22 We continue to be a voice for hundreds of millions across Africa who lack access to electricity, Africans who could benefit greatly from gas-to-power programs.
23 Our industry has not always been attractive to young people.
24 We have seen a change.
25 When Africa Oil Week moved to Dubai in 2021, we were pushed by many young people to have AEW in Cape Town, and it was a huge success.
26 This year we will have an amazing Afrobeats and Amapiano concert with the best African superstars.
27 Our energy industry will communicate better than ever.
28 We seek African and global solutions to African challenges, which is why we focus on capacity building and opportunities for regional cooperation.
29 We also examine local content initiatives so we can find out what went wrong and what went right, and encourage conversations about how to make it even better.
30 We are committed not only to telling the story of what is happening in African energy, but also to play a role in writing the next chapters, always with an emphasis on greater prosperity and stability for everyday Africans and energy producers.
32 And with your time, expertise, and financial contributions, we will be able to fight climate change and make energy poverty history.
33 We invite you to join us from the Cape to Cairo.