African Energy Week (AEW) 2025 opened Sunday in Cape Town, bringing together energy ministers, OPEC delegates, policymakers, and industry leaders to discuss investment, energy security, and Africa’s role in the global energy transition, reported by TV BRICS.
The five-day event includes forums on financing, refining capacity, and the integration of natural gas into regional strategies. Organizers say the conference aims to position Africa as a key supplier in global markets while addressing the continent’s rising domestic energy needs.
According to OPEC’s World Oil Outlook 2025, Africa’s oil demand is projected to grow from 1.8 million barrels per day in 2024 to 4.5 million bpd by 2050, with cumulative investment in oil and gas projects expected to reach $1.4 trillion.
“Africa is emerging as both a major supplier and consumer of energy,” said Tomas Gerbasio, Vice President for Commercial and Strategic Engagement at the African Energy Chamber. “This platform allows us to highlight opportunities and address challenges in demand, production, and transition.”
The week’s agenda includes an OPEC-Africa Roundtable focused on cooperation between African producers and global markets, as well as discussions on balancing hydrocarbons development with sustainable energy goals.
Follow the latest news on Google News
