South Africa’s Minister of Mineral and Petroleum Resources, Gwede Mantashe, will headline the upcoming African Oil Week (AOW): “Investing in African Energy”, taking place from October 7-10 in Cape Town, the organizers announced on Thursday.
Sankofa Events Managing Director Paul Sinclair said in a statement that Mantashe had confirmed his attendance at the four-day meeting, which is expected to bring together energy experts from Africa and around the world, focusing on developing policies, sharing discoveries and securing investments to shape the continent’s energy future.
“Mr Mantashe’s participation reaffirms Africa’s commitment to taking control of its own energy destiny,” said Mr Sinclair.
He said he was excited about the collaboration opportunities expected to arise as Mantashe is set to share the stage with ministers from various countries and high-ranking figures from the energy sector.
The Africa Oil Week (AOW) event is expected to attract more than 1,600 high-ranking delegates, including 80 ministers and officials from more than 70 countries, as well as representatives from more than 760 companies.
Having regularly been a keynote speaker at previous AOW events, Mantashe’s presence is particularly timely, given the burgeoning energy opportunities emerging on the continent.
Recent major oil and gas discoveries in the Orange Basin, located offshore South Africa and Namibia, highlight the scale and potential of these opportunities for African governments, their citizens and societies. energy.
“Global energy markets are in the midst of a dynamic transition,” Sinclair said, adding that managing this transition would require strong industry partnerships.
“Africa is demonstrating that it not only has vast resources, but also the networks, financial innovation and determination to develop these resources for the benefit of its people and all stakeholders. »
This year marks the 30th anniversary of the AOW event, which serves as a leading conference, exhibition and investment forum.
Over the years, the gathering has facilitated discussions between governments, regulators, global operators, power producers, investors and service providers, fostering collaboration to advance Africa’s energy landscape.
JN/fss/Sf/te/APA
