Over the past twelve months, the Middle East’s oil and gas heavyweights – Saudi Arabia, the United Arab Emirates (UAE) and Qatar – have accelerated their involvement across Africa’s energy value chain. The Invest in African Energy (IAE) 2024 forum – taking place in Paris on May 14-15 – will bring together Africa’s top energy projects to pitch to global buyers for partnership and investment. In Nigeria, Saudi Arabia has pledged to invest in the revitalization of Nigeria’s oil refineries and provide financial support to strengthen downstream capacity. UAEWhile Saudi Arabia may be leading diversified investment across Africa, the UAE is not far behind. Organised by Energy Capital&Power, IAE 2024 (https://apo-opa.co/49krKXM) is an exclusive forum designed to facilitate investment between African energy markets and global investors.

Source: The North Africa Journal February 22, 2024 11:23 UTC