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Nigerian entrepreneurs access investment opportunities in Africa’s leading energy markets

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Nigerian entrepreneurs access investment opportunities in Africa’s leading energy markets

By: Michael Mike
 
The Invest in African Energies roadshow in Lagos – organized by the African Energy Chamber (AEC) on June 25 – united more than 250 Nigerian entrepreneurs and investors interested in accessing opportunities in Africa’s oil and gas, and energy sectors.

Nigeria is home to the largest number of indigenous service companies, which meet over 75% of service demand from Nigeria’s oil and gas industry and are set to drive Nigeria’s upstream resurgence, as well as provide technical expertise to other African oil and gas markets.

The Invest in African Energies roadshow – preceding the African Energy Week: Invest in African Energy 2024 conference in Cape Town this November – served as a strategic platform for Nigerian companies to engage with stakeholders from other countries and explore regional and Pan-African expansion opportunities.

The AEC Senior Vice President, Verner Ayukegba said: “Nigerian companies have the financial strength and expertise to take advantage of opportunities across the energy sector in Africa. We at the African Energy Chamber encourage this and see it as a win for all involved”.

He reiterated the role of the AEC to attract investment across the entire value chain in Africa, and drive investment.
AEW: Invest in African Energy

www.aecweek.com is the platform of choice for project operators, financiers, technology providers and government, and has emerged as the official place to sign deals in African energy.

Participating in the roadshow was Africa Global Logistics – a major logistics and port operation player, recently awarded the contract to oversee operations at Namibia’s Walvis Baymultipurpose bulk terminal, which supports oil and gas activities like rig maintenance and repair work. Namibia is currently planning a $2.1-billion port expansion project to enable oil and gas development, creating further opportunities for Nigerian and global investors. 

Within West Africa, Ivory Coast is also seeking upstream investment and technical expertise from established producers like Nigeria. The country made headlines earlier this year with Eni’s discovery of light oil and gas at the Murene-1X exploration well, estimated to hold potential resources of 1.5 billion barrels of oil equivalent. Eni’s previous discovery – the Baleine field – was fast-tracked into production last August and is set to reach 200,000 barrels per day by 2027, as well as represent the first net-zero emissions project in Africa. 

“Today, the biggest investor in oil and gas in the African subcontinent is Eni. They are pumping about $6 billion into Ivory Coast, and they made a discovery,” stated Dr. Nosa Omorodion, SLB Executive Director, Nigeria and West Africa, at the roadshow.

Senegal and Mozambique also hold significant demand for Nigerian oil and gas services, as two of Africa’s fastest-growing LNG markets. In Nigeria, indigenous company BUA Group is spearheading the development of a 700-ton-per-day mini-LNG project, as it seeks to expand its portfolio into the energy sector and leverage its position as one of Africa’s largest food, mining, manufacturing and industrial conglomerates.

Meanwhile, Shoreline Energy International leads a diversified asset portfolio in Nigeria, Liberia, Ghana, Uganda and Angola, focusing on EPC services for the oil and gas industry, power generation solutions, construction and ICT infrastructure. The company’s tailored power solutions could be leveraged in new markets seeking energy security and sustainable energy development.

CEO of Shoreline Energy International, Kola Karim said;“Seeing different players in the oil and gas industry in the room only confirms the value of the AEC to the sector, while building the ecosystem to support the sector”.

Nigerian full-Stream Energy exploration and production company Adelaar Energy also participated in the roadshow, advocating for enhanced gender inclusivity and advancement of women within Africa’s energy industry. Operating in engineering, procurement, consultancy and services, the female-led company is seeking to empower female energy professionals in both mature and emerging markets through training and education, mentorship programs and coaching and sponsorship opportunities, among other gender equality initiatives.
“Seeing more women collaborating in the energy sector and not being afraid to join forces with the male-dominated industry, sharing their unique perspectives and expertise to drive innovation and progress. Together, they’re breaking down barriers, shattering glass ceilings, and creating a more inclusive and sustainable energy future for all,” said Grace Orife, Adelaar Energy CEO and AEC Board Member.

Nigerian entrepreneurs access investment opportunities in Africa’s leading energy markets

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Special Forces Troops Intercept Terrorists Planting IEDs in Zamfara

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Special Forces Troops Intercept Terrorists Planting IEDs in Zamfara

By Zagazola Makama

Special Forces Troops of Operation FANSAN YANMA have intercepted terrorists attempting to plant Improvised Explosive Devices (IEDs) along a strategic route in Gando Forest, Anka Local Government Area of Zamfara State.

Intelligence sources told Zagazola Makama that the troops, operating under Operation TSAFTA DAJI III Phase 3, launched an ambush when they encountered a group of terrorists laying IEDs.

On sighting the advancing troops, the terrorists fled into the forest under the cover of darkness, abandoning their explosives and equipment.

Recovered items include: One motorcycle, Three 25-litre jerrycans filled with IED components, 300 meters of sapper cable, one DET 33 electric detonator and one hoe used for planting explosives.

The Nigerian military has continued to maintain an aggressive posture against terrorists and criminal elements in Zamfara State, with Operation FANSAN YANMA and Operation TSAFTA DAJI III targeting bandit strongholds across Anka, Bagega, and Bukkuyum axis.

Special Forces Troops Intercept Terrorists Planting IEDs in Zamfara

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Notorious Bandit Leader Kachalla Dogo Wise Killed in Zamfara Rival Clash

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Notorious Bandit Leader Kachalla Dogo Wise Killed in Zamfara Rival Clash

By Zagazola Makama

A violent clash between rival bandit factions has resulted in the killing of notorious bandit leader Kachalla Dogo Wise in Zamfara State, sources familiar with the incident have confirmed to Zagazola Makama.

According to the source Dogo Wise was killed by another bandit commander, Kachalla Sa’idu Kanin Na Eka, following a dispute over ransom money. The deadly confrontation occurred at Dutsin Daru, Maradun Local Government Area.

Security sources revealed that the conflict erupted after Kachalla Dogo Wise allegedly seized ransom money that was meant for Kachalla Sa’idu Kanin Na Eka. The money was reportedly delivered by families of kidnapped victims, but Wise took full possession of it, refusing to share it with Kanin Na Eka.

Feeling betrayed, Kachalla Sa’idu Kanin Na Eka ambushed and killed Dogo Wise in retaliation, a move that has heightened tensions within the criminal underworld in Zamfara State.

“These bandits have no loyalty among themselves. When money is involved, they turn against each other. Dogo Wise made the mistake of crossing Sa’idu Kanin Na Eka, and it cost him his life.” sad the sources.

Meanwhile, following Dogo Wise’s killing, another powerful bandit leader, Kachalla Jimmu Sumoli, has vowed to avenge his death.

Jimmu Sumoli, a feared commander operating in Zamfara and parts of Sokoto State, reportedly declared that he would retaliate against Sa’idu Kanin Na Eka and his followers.

Source in Maradun LGA confirmed that Sumoli’s men have already begun mobilizing for a possible counterattack,
Implications for Security in Zamfara

The killing of Kachalla Dogo Wise adds to the growing infighting among bandit factions in the North-West, a trend that could weaken their operational strength but also trigger more brutal retaliatory attacks.

“While their internal conflicts reduce their cohesion, it also makes them more unpredictable and dangerous. We are closely monitoring the situation to prevent further violence spilling into communities.” said a military sources.

Notorious Bandit Leader Kachalla Dogo Wise Killed in Zamfara Rival Clash

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Chinese Chamber of Commerce Denies Shooting of Immigration Officer was Ordered by Chinese National

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Chinese Chamber of Commerce Denies Shooting of Immigration Officer was Ordered by Chinese National

By: Michael Mike

The Chinese business community in the country has denied the allegation that the shooting of the immigration officer at a Chinese firm was at the instruction of a Chinese national.

The Director General China General Chamber of Commerce in Nigeria, Dr. Cui Guangzhen in a statement said the said shooting could never have been ordered by a Chinese.

The statement read: “Our attention has been drawn to the reports that Olubunmi Tunji-Ojo, the Minister of Interior condemned the shooting of an immigration officer allegedly on the orders of a Chinese company operating in Nigeria in a briefing on March 27.

“The China General Chamber of Commerce attaches great importance to the reports and carried out an immediate investigation.
Based upon the findings of police authority in Niger State, the incident mentioned by the Minister of Interior happened on the 21st of February, 2025 in Minna, Niger State.

“During a police action, the state police force was trying to effect an arrest of some local citizen who was suspected of stealing iron rods from a Chinese company. When encountering stiff resistance of the suspect, one of the police officers fired a shot and the bullet accidentally hit a passerby who was later identified to be an immigration officer.

“China General Chamber of Commerce would like to clearly state the following:
Neither Chinese citizens nor Chinese companies were involved in the incident. The allegation that a Chinese company employee ordered the shooting of a Nigerian immigration officer is utterly false.
The Chinese companies in Nigeria abide by the laws and regulations of Nigeria and are committed to the economic and social development of Nigeria.

@The China General Chamber of Commerce is saddened by the incident and sincerely wishes the injured a quick recovery.”

Chinese Chamber of Commerce Denies Shooting of Immigration Officer was Ordered by Chinese National

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