African Energy Week To Seek Funding For Crude Oil Exploration

African Energy Week October Dates Set in Stone with Exploration for Energy  and Energy Poverty on Agenda - African Business

Yemisi Izuora

The African Energy Week (AEW) 2022 will provide ample opportunity for stakeholders in the oil and gas sector to discuss funding options to accelerate development of the continents huge hydrocarbon deposits.

The event scheduled to take place on October 18-21 in Cape Town – has positioned itself as the biggest energy event in Africa and the conference of choice for Africa’s oil, gas and energy Ministers.

The conference backed by partnerships with Nigeria and Equatorial Guinea as well as the African Petroleum Producers Association, APPA, will focus on extensive oil and gas exploration efforts.

Africa’s resource-rich countries are working hard to attract investments, develop their resources and make energy poverty history as quickly and effectively as possible, and AEW will not stand in the way of this progress, said event organizers.

In 2021, the event hosted delegations from both the private and public sectors in Africa and globally, with market-driven panel discussions, collaborative investor forums and government endorsed networking events paving the way for transformative deals and decisions.

“I hear unity right now, and it’s used as a cudgel to force people to fall in line with the lies and false narrative from African Oil Week, Greenpeace, Friends of the Earth and EITI. The most important thing for Africa and its energy sector is to have these serious conversations about the real divides around their vision of our oil and gas economy – which is out of touch with everyday Africans – free from Africa Oil Week Dubai misrepresentations.

The African Energy Chamber will hash out a winning strategy before COP27 at AEW,” states NJ Ayuk, Executive Chairman of the AEC.

Ayuk, says that Africa’s oil and gas sector must fight for what it actually wants, rather than compromising.

“At least people will know that we stand for something. Energy poverty and drilling for oil and gas must be our priority before any cheap talk of climate change. Let’s deal with energy poverty before we talk to climate change,” he said.

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