Dubai to Host Invest in African Energy on March 30

  • Date: 27-Feb-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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Dubai to Host Invest in African Energy on March 30

The African Energy Chamber (AEC) (https://EnergyChamber.org) – the voice of the African energy sector – in partnership with global energy market research and intelligence company S&P will host the Dubai leg of the Invest in African Energy event (https://apo-opa.info/3ECln4A) on March 30, to showcase investment and partnership opportunities across Africa’s burgeoning energy sector.

Through high-level panel discussions and meetings, exclusive networking and deal signings, the Invest in African Energy Dubai event will kickstart a new era of energy sector growth for Africa on the back of optimal cooperation on investment and industry know-how between the UAE and African stakeholders.

With Africa maximizing the development and exploitation of its estimated 125.3 billion barrels of crude oil and 620 trillion cubic feet of gas reserves to address energy poverty and drive socioeconomic development, UAE, as one of the world’s largest hydrocarbon producers and investors, represents an ideal partner for the continent to maximize industry growth.

UAE companies – including the Abu Dhabi National Oil Company (ADNOC), Petrofac and the Emirates National Oil Company Group (ENOC) – have played a crucial role in stabilizing Africa’s entire oil and gas value chain.

ADNOC, for example, is enhancing Africa’s downstream operations with the recent launch of supertankers to boost