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enabling participants to access high-potential African energy projects while leveraging Houston’ s role as a global energy hub. By linking US stakeholders to licensing rounds and investment-ready opportunities on the continent, the forum enriches ongoing dialogues and partnerships that culminate in ECP’ s Africabased events.
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The forum highlights dynamic African markets, including the Republic of Congo, Libya and Angola, showcasing upcoming licensing rounds, brownfield projects, LNG projects and groundbreaking developments from deepwater oil and gas exploration to utility-scale renewables. With curated roundtable discussions and in-depth sessions on each market, data presentations, one-on-one investor meetings, a private equity and investment roundtable and in-depth session on African minerals and critical resources, USAEF empowers participants to unlock synergies and build connections that resonate across the energy value chain and extend into ECP’ s broader event network. The programme will also feature fireside chats, a ministerial panel and high-level, open-door panels spanning upstream exploration to downstream refining and trade.
Unprecedented momentum in Africa Africa’ s energy sector is experiencing unprecedented momentum, solidifying its position as a global leader in upstream investment. With USD47-billion in capital expenditure – a 23 % year-on-year increase – Africa is driving a significant portion of the USD125 – billion global upstream investment. Nigeria leads the continent with USD13.5 – billion in investments, while offshore exploration in Namibia continues at a record pace. Ghana has raised its oil and gas production by 10 % and 7 %, respectively, and the USD5 – billion Africa Energy Bank is poised to sustain funding for fossil fuel projects. Recent Final Investment Decisions highlight this surge, including the USD6-billion Kaminho Deepwater Project in Angola, Nigeria’ s USD5-billion Bonga North Tranche 1 and major gas field developments in Nigeria and the Republic of Congo. Greenfield spending is set to outpace brownfield by 10 % by 2030, reflecting a strong pipeline of new projects.
As the world’ s largest producer of oil and gas and a leader in energy innovation, the US offers advanced technologies, funding mechanisms and strategic expertise that can catalyse Africa’ s energy development. Houston, as the energy capital of the world, is uniquely positioned to host USAEF, providing access to over 4 700 energy companies, a thriving innovation ecosystem and a strategic network of investors eager to explore Africa’ s untapped potential. The event not only spotlights Africa’ s opportunities but also
The forum highlights dynamic African markets, including the Republic of Congo, Libya and Angola, showcasing upcoming licensing rounds, brownfield projects, LNG projects and groundbreaking developments from deepwater oil and gas exploration to utilityscale renewables.
www. africanmining. co. za African Mining • May 2025 • 9