Africa Energy & Infrastructure Forum & Award, Accra-Ghana 2022
December 5, 2022 | Accra, Ghana | 6:00 p.m. – 9:00 p.m. W.A.T
Africa Energy Forum & Infrastructure Forum & Award
THEME: Building the Sustainable Future of the African Energy Industry
In African energy-exporting countries, the industry has historically been a primary driver of economic growth. However, countries have been unable to harness these windfalls for sustainable economic development. Players in the sectors have witnessed disruptions that change the industry, including the rising global demand for liquefied natural gas; the global trade disputes, that disrupt global trade, energy markets and supply chains; and the growing prominence of renewables, which could have far-reaching implications. Indeed, over and above, the global energy transition to a net-zero emissions future would continue to have a boomerang effect in the continent’s energy industry both in the short and medium-term. The wave of divestments by the international oil majors, given their strong presence in Africa, has thus occasioned reduced oil and gas activities and declining oil production.
Are Africa’s state-owned oil and gas companies therefore positioned to fill the vacuum by taking on new exploration and developments more than before? A recent report by the International Renewable Energy Agency (IRENA) in collaboration with the African Development Bank (AfDB) revealed that an integrated policy framework built around energy transition could generate about 26 million jobs for Africans by 2050, growing the region’s economy by 6.4 per cent by 2050. However, Africa’s investment in low-carbon energy systems is far behind that of developed nations, largely due to the continent’s financial inability. The fiscal constraints across Africa thus create a challenge for the countries to power the sustainability of the industry. In tandem with the thoughts of experts, private sector investments, public-private partnerships, and blended finance are therefore increasingly more important today, with strong public sector governance and innovative financing instruments.
The African Leadership Magazine is, therefore, putting together the Africa Energy Forum & Infrastructure Forum & Award, Accra-Ghana 2022 to bring together policymakers, private sector leaders, Industry Titans, civil society leaders, and all stakeholders on a platform to discuss ways to tackle some of the major challenges in the African energy industry, as well as connect both public and private sector actors across the entire energy value chain, to push forward with commitments and business deals that would power the sustainable future of the continent’s oil and gas industry.
Key highlights of the forum
Keynote and Paper Presentations.
Oil & Gas CEOs Roundtable Session.
Public & Private Sector Stakeholders Roundtable Sessions.
Presentations to the “Top 50 Africa Oil and Gas Local CSR Champions”