Middle East, Africa Energy Stakeholders Unite in Dubai for African Energy Chamber’s Invest in African Energy Event

  • Date: 30-Mar-2023
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:UAE
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Middle East, Africa Energy Stakeholders Unite in Dubai for African Energy Chamber’s Invest in African Energy Event

The African Energy Chamber (AEC) (http://www.EnergyChamber.org) united financiers and energy stakeholders from the UAE, Middle East and Africa during its Invest in African Energy reception in Dubai on Thursday, aimed at cementing deeper, longer-term and mutually beneficial relations between the two regions and advancing shared interests in diversification, energy security and infrastructure development. Following successful stops in London, Oslo and Frankfurt earlier this year, the Chamber’s global investment tour continued to Dubai – representing a global financial capital and trade center – to catalyze new pathways of financing and developing African energy projects.

“Sign baby sign. Let’s sign deals. Let’s get things done and improve the enabling environment. We need to be able to move things faster. The beautiful thing about this city is its ability to drive business. When we cut the regulatory red tape and reduce the time it takes to approve permits, we drive projects. We can build Dubai’s all over Africa. Our industry – the energy industry – is about hope and opportunity,” opened NJ Ayuk, Executive Chairman of the AEC.

Serving as a strategic partner to the event, S&P Commodity Insights presented its Africa Energy Sector Outlook, which highlighted Africa’s natural resource wealth and world-class frontier hydrocarbon