ENERGY TRANSITION AND THE FUTURE OF THE OIL AND GAS INDUSTRY IN AFRICA: OPPORTUNITIES, CHALLENGES AND DEVELOPMENT
The 8th edition of the Africa Petroleum Congress and Exhibition (CAPE VIII), an initiative of the African Petroleum Producers Organisation (APPO) took place in Luanda, Angola, from 16 – 19 May 2022 under the theme, “Energy Transition and the Future of the Oil and Gas Industry in Africa: Opportunities, challenges and developments”. The event was held under the central theme “Energy Transition and the Future of the Oil and Gas Industry in Africa: Opportunities, Challenges and Development” and it was officially opened by His Excellency, President of the Republic of Angola – João Manuel Gonçalves Lourenço, along with five Ministers from APPO member countries and a vice-Minister from Namibia.
The conference was designed primarily to promote and support investment in the oil and gas sector in Africa, as well as reflect on the orientations given by senior political leaders in charge of this sector. The triennial APPO initiative has been a forum of opportunities to develop relations and ties between energy, oil and gas decision-makers and professionals; a network of exchange to share expertise and discuss strategies, opportunities for developing oil and gas activities, investments, and partnerships in Africa. This year’s edition brought together, in Luanda, the 15 APPO members and five other observer countries as well as over 500 participating delegates and exhibitors.
NOC’s in attendance at CAPE
“Angola hosted Africa’s Oil & Gas most influential decision-makers”
CAPE VIII Key Features
High Level Conference
CAPE VIII SPEAKERS
H.E. Diamantino Pedro Azevedo
Minister of Mineral and Petroleum Resources of Angola, President of APPO
H.E. Mahamane Sani Mahamadou Issoufou
Minister of Petroleum, Energy and Renewable Energy, Republic of Niger
CAPE VIII provided a conducive forum for oil and gas decision-makers, industry players, academics, researchers, and other service providers within and outside the African continent to discuss all the pertinent issues and challenges of the industry caused by the energy transition especially as these affect the African continent and its people. Useful insights and recommendations came out of the Congress, which APPO shall work on and present for consideration and implementation by its Member Countries.
I believe CAPE VIII is a great opportunity to learn from peers, especially how they are dealing with the challenge of energy transition. There is a big dilemma between energy transition and energy poverty in Africa. I believe Africa is more concerned with energy security now. It was also a place to learn the many initiatives companies in the industry and countries are doing in the space of energy transition.