Investment Focus – What Next for African Oil & Gas?

27 October 2020

The Digital Energy Festival for Africa saw four leading energy brands join forces between 20 October – 26 November 2020 to provide African energy content and cultivate new connections, digitally. 

The first of eight Oil & Gas Council sessions kicked off on October 27 where industry-leading speakers, who have a total of over 100 years of industry and sector experience, joined forces to discuss and provide insights on an investment focused dialogue around what’s next for African Oil and Gas.

Investment Focus – What Next for African Oil & Gas? Discussion Highlights

With several majors recently announcing cut backs on oil & gas projects and small caps finding it increasingly difficult to secure financing during the downturn, what will access to capital look like in Africa in a post Covid-19 world?

Watch the video to hear investors, independents and financiers discuss:

• What fundamental shifts will we see in the small cap market as a result of this extreme downturn?
• As European sources of funding shy away from oil & gas projects, what will access to capital look like for African E&P?
• Do large integrated companies still have the appetite for small cap projects?
• How can oil & gas companies develop their business when equity markets are closed?
• What role can the public markets play in supporting the industry?
• With Africa still requiring important investment into infrastructure and the downstream sector, will these projects take precedent over exploration? 

Expert Speakers

• Tabrez Khan Director – EMEIA Oil & Gas Transactions, EY (Moderator)
• Mark Allen – Subsurface Director, Assala Energy
• Chinedu Mofunanya – Portfolio Manager, Nigeria Sovereign Investment Authority (NSIA)
• Mohamed Rali Badissy – Senior Attorney for Energy and Finance, U.S. Department of Commerce
• Jerome Halbout – Founding Partner, 4D Global Energy Advisors
• Mohamed Stevens – Legal Consultant, African Legal Support Facility (hosted by the African Development Bank)