Sunday, September 28, 2025
24.6 C
Lagos

African Energy Chamber’s Investment Push in China Successful

The biggest names in the Chinese energy industry participated in the EG Ronda Licensing Round Roadshow in Beijing, hosted by the African Energy Chamber.
This is the first investment roadshow organized by the Chamber in China, as it pursues its strategy of channeling Africa’s global outreach to energy investors and stakeholders worldwide.
It has confirmed the appetite of Chinese companies for Africa, with the biggest public and private sector companies responding to the Chamber’s call to explore investment opportunities in Equatorial Guinea, including PowerChina, Sinohydro, Sinopec, Sinochem, Zhenhua Oil, CNOOC, CMEC, China Minmetals, Shenergy Group and CPP among others.
“This 2-day roadshow is a demonstration of what the Chamber can accomplish for African governments and private stakeholders. Our resources and reach have grown tremendously over the past few years and enabled us to position ourselves as a pillar of Africa’s global investment outreach. I am looking forward to seeing more deals being signed soon,” declared NJ Ayuk, Executive Chairman at the Chamber and CEO of the Centurion Law Group.

“We thank the government of China, the Chinese energy sector for putting their trust and funding in the Chamber to organize this very successful roadshow, which is the first of many more we will be organizing in the future in China.”
The EG Ronda Licensing Round Roadshow 2019 in Beijing is notably showcasing the 27 oil & gas blocks on offer under the country’s 2019 oil & gas licensing round, and is promoting the high-potential that Equatorial Guinea has in minerals such as gold, diamonds, base metals, bauxite and iron ore. The winners will be announced during the upcoming GECF’s 5th Gas Forum in Malabo on November 27th, 2019.
“The pro-activeness of the Ministry of Mines and Hydrocarbons to reach out to global investors is a winning strategy that should be followed by many others amidst such competitive market conditions. The Chamber will always be ready to support African governments and companies seeking to attract investors and build successful industries at home that promote local content, job creation and prosperity,” said Mickael Vogel, Director of Strategy at the Chamber.

“The Chamber’s future roadshows will be taking us back to Beijing but also to global energy centers such as Singapore, Moscow, Dubai, London and Houston. Africa is the last true global energy frontier and the time to engage with investors is now.”

spot_img
spot_img

Hot this week

AIICO Deepens Bond with Retirees, Holds Annuity Forum in Lagos, PH

Mr. Gbenga Ilori, Head, Retail Business at AIICO, in...

Sovereign Trust Insurance Holds 30th AGM

L-R: Eric Balogun, Independent Director, Emi Faloughi, Director, Kayode Adigun,...

Unity Bank Shareholders Approve Merger with Providus Bank

  EGM: From left: Mr. Usman Abdulkadir, Executive Director, Risk...

NNPCL: Ogoni Re-entry is a Beacon of Reconciliation through Collaboration

The re-entry into Ogoniland marks a historic turning point...

NLNG, NCDMB Celebrate 122 Graduates of Train 7 HCD Training Program

NLNG in collaboration with the Nigerian Content Development and...

Topics

Ecobank Transnational Inc Holds 32nd AGM as Shareholders Approve Resolutions

Ecobank Transnational Incorporated (“ETI”), the parent of the Ecobank...

Recession: MainOne Keeps Nigerian Businesses Profitable with Data/Cloud Solutions

For companies in Nigeria currently battling the recession, the...

Unity Bank Introduces USSD in Nigerian Languages

Unity Bank Plc has launched an Unstructured Supplementary Service...

Goldlink Insurance Plc Receives FIRS Team

The management of Goldlink Insurance Plc received a team...

Bellwethers Drive Market Rebound… NSE ASI up 2.4%

The Domestic bourse appreciated yesterday following renewed interest in...

NCC Chief, Umar Danbatta, Named NDLEA Special Ambassador

The National Drug Law Enforcement Agency (NDLEA), has named...

Japan Supports North-East Rehabilitation with $1.5m

The Government of Japan has released $1,500,000 to fund...

NCDMB Urges Indigenous Oil Operators to Comply with Nigerian Content Act

The Executive Secretary, Nigerian Content Development and Monitoring Board...
spot_img

Related Articles

Popular Categories

spot_imgspot_img