Minister of States for Petroleum Resources, Dr. Ibe Kachikwu, will join other speakers at the inaugural conference of the Future Energy Africa 2018.
The Future Energy Africa Oil and Gas conference and exhibition which comes up on 1-3 October, 2018 at Cape Town International Convention Centre 2, South Africa with over 50 participating countries, will be bringing together over 2000 senior executives in oil and gas industry in Africa, with Nigeria as a key participant.
Speaking at a press conference recently in Lagos, the Managing Director Danvic Petroleum International, Dr. Afe Mayowa said that the 3-day integrated event will be a new meeting point for key industry players as well as potential investors in oil gas, and energy value chain in Africa.
According to Mayowa, the conference and exhibition will provide “an intensive tour across Africa, revealing insights on the issues confronting Africa’s future commercial, business and socio-economic trajectories.” He hinted that the event which will hold under the patronage of the Minister of Energy, Republic of South Africa, H.E. Jeff Radebe will attract leading governments, national oil companies, international oil companies, industry experts to provide in-depth analysis and honest reflection of Africa’s readiness to revolutionise the future.
He said with over 1,500 global industry attendees, more than 300 conference delegates, over 60 conference speakers, 24 interactive sessions among others, Nigeria as a major player in the continent’s oil and gas industry will have her participants drawn from government functionaries, policy makers, industry players and other stakeholders in the Nigerian oil and gas industry, adding that these participants will be there to tell the Nigerian story and showcase to the world, the huge investment potentials in the country.
“This is an event that whoever is interested in Africa has to be. It is a networking environment, we are going to take Nigerian companies there and we are going to arrange their meetings with foreign investors.
“We want to bring in investors into Nigeria. Members of the National Assembly will be going with us. It is a big conference and wants to expose opportunities particularly in Nigeria to the world.
“We need a lot of investors in the energy sector, oil and gas. There are so many investments that are begging for partnership in Africa. We have marginal field coming up and Nigerians are participating in it and we have people who want to hear stories about Nigeria. One good thing about Nigeria is that when foreign investors come, they don’t like to go back. Their experience of those who have been to Nigerian shows that it is a place that is so pleasant and people when people are transferred out of here, they don’t want to go again”, Mayowa said.
Speaking also, the Editor, Orient Energy Review, Mrs. Margaret Nongo-Okojokwu said that as technology advances and nations’ population increases, there will be imminent increased demand for energy.
According to Nongo-Okojokwu, Africa must take deliberate steps and necessary actions towards meeting the future demands of her ever-growing population on oil, gas and energy, adding that the Future Energy Africa presents a unique opportunity for governments, policy makers, industry players and stakeholders from across Africa to kick start the conversation that would lead to cross-fertilization of ideas and ultimately proffer solutions to different issues confronting the industry.
She said, “The demand for energy in the future will increase and Africa needs to be ready. If at the level where we are, we are having this level of challenge in power, imagine when that time comes, when the demand would have tripled in terms of energy and consumption.
“That is why we need events like this to get us talking, to get us into the boardroom and to help us map the way out. Let’s start finding solutions to our problems. So, it is not just about power, it is about oil, it is about gas, it is about the renewable which is more like the future of energy in Africa.
“In Africa, we are still trying to find our way and bring Africa out from the power challenge we keep having. That is why stakeholders are calling on experts, people who have ideas to come and tell us how to get out of this problem.”
Speaking on Nigeria’s readiness to attract and retain investors in the continent, the Editor said that Nigeria has continued to improve on her business environment. She said, “We are not where we were 10 years ago, we are getting there. That is why we have to keep talking; we have to keep the discussion going, so that there will be a way out.
“If we keep waiting for the enabling environment, we won’t get anything done. So, the time to start is now. This is the time for Africa. It is time to channel and build up our future and this is the future we are looking at. We can’t continue the way we are, we need to look ahead and move forward”, she said.
Speaking as the PR partner of the event, the CEO of the McErnest group, Mr. Kemdy McErnest said the conference is not just `for Africa, but particularly for Nigeria. He called on operators and industry players in the Nigerian oil and gas sector to take advantage of the opportunities Future Energy Africa presents.
“I think it is a Nigerian movement because in terms of oil, we are the highest producers. So, let every single oil company in Nigeria get involved because the support is here for us to bring businesses, SMEs, smaller oil companies that are looking for chances and opportunities to get their products out there. This is an opportunity, let’s get involved,” he said.
Speakers at the conference include, Minister of Energy, Department of Energy, Republic of South Africa, Jeff Radebe; Nigerian Minister of State for Petroleum Resources, Dr. Ibe Kachikwu; Executive Director, Petroleum Authority of Uganda, Ernest Rubondo, Executive Manager, Angola LNG Limited, Telma Ingles, Chief Operating Officer, Ghana National Petroleum Corporation, James Yamoah; Cabinet Secretary, Ministry of Energy, Kenya, Hon. Charles Keter, among others.
The event is being organised by DMG Events with over 30 years experience in organising conferences and exhibitions in and around the world.