I am thrilled to invite you to the upcoming Invest in African Energy (IAE) Forum, taking place in Paris on May 14-15, organized by Energy Capital & Power and endorsed by the African Energy Chamber (AEC). This event presents an unparalleled opportunity for investors like you to connect with African energy leaders and explore new projects within the dynamic African energy landscape.
Returning to Paris for its second edition, the Forum opens new pathways for collaboration between international and African stakeholders. It brings together African energy ministers, heads of National Oil Companies and keystakeholders from the continent – including Gabon, Nigeria, Equatorial Guinea, the Republic of the Congo and the Democratic Republic of the Congo, as well as Senegal, The Gambia, Mozambique, South Africa, Nigeria, Ghana and the Ivory Coast– and independents with their international counterparts to foster growth and deal-making opportunities.
Africa's energy sector is a vibrant frontier, offering significant untapped potential. With over 125 billion barrels of proven oil reserves, 620 trillion cubic feet of natural gas and abundant renewable energy resources – the continent presents lucrative opportunities for foreign investors. IAE 2024 is a prime occasion to capitalize on these prospects.
Leading companies like TotalEnergies, UTM Offshore, Eni, Afentra, ExxonMobil, Chariot, Perenco, Technip Energies, Panoro Energy and SLB are spearheading transformative projects across Africa, spanning oil, gas and renewable energy. By attending IAE 2024, you can forge strategic partnerships and innovative collaborations in the region.
Namibia, experiencing significant exploration growth in the Orange Basin with companies such as Shell, TotalEnergies, Chevron, and Galp. The country plans to leverage new oil and gas discoveries to drive investment and stimulate economic growth – with the aim to begin oil production by 2030.
Other regions can follow Namibia's example, and IAE 2024 is the perfect place to have these discussions and for driving investment across Africa.
Africa represents the next frontier for upstream drilling owing largely to the continent’s pipeline of high impact wells. In 2023, approximately 132 exploration wells were drilled while in 2024 and 2025, 120 wells and 123 wells are expected to be drilled, respectively.
The continent represents the final frontier in energy, teeming with untapped potential that calls for both new investments and strategic collaboration. Attending IAE 2024 will provide you with access to key decision-makers, innovative projects, deal signings and transformative partnerships. Join us for two days of engagement, networking, business-to-business matchmaking, and in-depth investor country spotlights at this prestigious event.
Your involvement will help shape the future of Africa's energy sector and drive sustainable development across the continent. I wholeheartedly encourage you to participate in this transformative event and join us in shaping a prosperous and energy-secure future for Africa.
To register or learn more about the IAE forum, please click here.
I look forward to welcoming you in Paris.