Africa
Energy Capital & Power (ECP) Events: The Gateway to Doing Business in Africa
NNN: As a leading investment platform for the African energy sector, ECP (EnergyCapitalPower.com) has facilitated numerous deals and partnership agreements between global and African stakeholders through its world-class events. In 2021, ECP was responsible for the first large-scale energy event to take place on the African continent since the start of the COVID-19 pandemic, demonstrating the company’s commitment to driving investment and improving business in Africa. With $2.5B worth of deals signed during company events in 2021, ECP’s event schedule for 2022: South Sudan Oil & Power (https://bit.ly/3OtVPJw) (September 13-14 from 2022); Angola Oil & Gas (https://bit.ly/3OkYfKC) (November 29, 30 and December 1, 2022) and MSGBC Oil, Gas & Power (https://bit.ly/3ODioeR) (1-2 September 2022) – promises new opportunities for collaboration and gateways for doing business in Africa.


Africa: officially open for business

Africa is officially open for business. Regulatory policies and institutional restructuring across the continent have not only opened current and emerging markets to international participation and investment, but have essentially improved the continent’s competitiveness. With the aim of creating investment-friendly environments, the policies introduced, in a short space of time, have significantly improved the ease of doing business in Africa. Notable regulations include Nigeria’s implementation of the Petroleum Industry Act, a comprehensive framework comprising 16 petroleum laws intended to improve the attractiveness of the sector to international investors; Senegal’s new Petroleum Code became law in 2019; and the Angolan government approving the National Agency for Oil, Gas and Biofuels to handle oil and gas exploration and production activities. On the gas front, policies and initiatives include Nigeria’s Gas Decade initiative, the Republic of Congo Gas Master Plan, and Equatorial Guinea’s Gas Mega Hub initiative.
Against the backdrop of an improved business environment, ECP events will offer insights into emerging opportunities and operating landscapes while providing policy insight and regulatory oversight. For a long time, the continent has been considered risky and unfavorable for foreign players; however, ECP events refute these concerns and provide stakeholders with the knowledge they need to make informed decisions and drive business in Africa.
Promotion of multilateral associations
ECP events serve as official networking platforms for the African energy sector. Focused on engagement, these events offer stakeholders the unique opportunity to meet and connect with ministerial representatives, energy professionals, financiers, and public and private executives from the regional and international sector. For international stakeholders, ECP events represent the official forum to be directly introduced to African opportunities, with networking forums providing a foundation for partnerships and multilateral cooperation.
Meanwhile, for African stakeholders, ECP events represent the ideal platform to forge regional partnerships and boost intra-African trade. With the African Continental Free Trade Agreement implemented in January 2021, African stakeholders have a new and unique opportunity to expand business across the continent. Serving as the official meeting place for African energy players, ECP events promote growth, partnerships and cooperation, giving delegates the unmissable opportunity to develop African energy collaboratively.
