As Africa’s mergers and acquisitions (M&A) continue to surge, pan-African supranational multilateral financial institution the African Export-Import Bank (Afreximbank) will host a deal room at the upcoming African Energy Week (AEW) 2023, at the Westin Hotel. Recent insights from the African Energy Chamber’s (AEC) ‘State of African Energy Q2 2023 Outlook’ report unveil significant strides made in Africa’s M&A sector, with announced and completed transactions already surpassing the US$1.85 billion mark in the first half of 2023. In the context of Africa’s evolving energy landscape, Afreximbank’s initiative to host a deal room during AEW 2023 emerges as a pivotal catalyst for the continent’s energy security and its alignment with the global energy transition. By bringing together industry leaders, investors and policymakers, this platform has the potential to accelerate the deployment of innovative technologies, stimulate indigenous energy production and enhance regional cooperation, ultimately contributing to Africa’s energy self-reliance. AEW 2023 will unite African energy policymakers and stakeholders with global investors to discuss and maximize opportunities within the continent’s entire energy industry.

Source: News Business Ethiopia August 22, 2023 02:15 UTC