London Investor Forum 2018
Africa’s Energy Investment Event of the Year
Africa Oil & Power landed in London for the first time in 2018, on May 10. At the Africa Oil & Power Investor Forum, the continent’s leading executives, policy makers, financiers and legal and advisory experts came together for a compelling one-day program. Program highlights included: 2018 investor and project updates from Atlas-Oranto and Ophir Energy; panels on capital raising, local content and gas-to-power; and ministerial keynote speeches from the ministers of petroleum of Equatorial Guinea and South Sudan.
- Ministerial keynotes and special announcements from selected African ministries of petroleum.
- Focus on finance: panels and sessions on capital raising for Africa oil and gas projects and reaching FID in 2018; local content and the bottom line; and gas-to-power.
- The UK, Europe and Africa: AOP speakers looked at the evolution of oil and gas investment ties between the UK, Europe and Africa, and the implications of Britain’s departure from the EU on African energy.
- Investor updates: London-based upstream independents took to the stage to provide updates on African projects: breaking ground, development, financing and new investor announcements.
- Launch of Africa Energy Series: Equatorial Guinea 2018
Our special report on Equatorial Guinea’s oil and gas industry, commissioned by the Ministry of Mines and Hydrocarbons in the nation’s 50th year of independence, launched at the AOP Investor Forum in London.
Click to see the full Investor Forum event gallery here and gala dinner gallery here.
Keynote SpeakersBecome a speaker
Ministers and VIPs opened proceedings at AOP’s dedicated investment event.
Panelists and PresentersBecome a speaker
Panelists and presenters provided their insights on Africa’s energy finance and project activities in 2018.
CEO and Managing Partner of Centurion Law Group, a pan-African corporate law conglomerate. From its headquarters in Malabo, Equatorial Guinea, and from affiliate and partner offices throughout Africa, Centurion assists clients that are starting or growing a business on the continent. Mr. Ayuk has been advising major companies on investment strategies, the establishment of joint ventures and cooperation structures, privatization, licensing and related tax, OHADA, Equatorial Guinea law, oil and gas, local content, litigation, negotiations, governance and other matters. He also frequently advises international oil companies, governments, oil service companies, financial institutions, development banks and construction firms across Sub-Saharan Africa.
Sebastian Wagner is in charge of Business Development and Corporate Affairs at DMWA Resources. In the past, he has worked with multinational commodity trading companies in oil trading, responsible for managing the oil trading operations across the barrel of African crude and refined products, as well as pursuing pre-financing opportunities in West and Central Africa. His regional focus has been on Congo Brazzaville, Côte d’Ivoire, Chad and Nigeria. Prior to this, Sebastian was an Investment Manager at a leading merchant banking group in sub-Saharan Africa with assets in Southern Africa, Nigeria and Equatorial Guinea, where he helped streamlining the banking portfolio through the restructuring and exit of non-core investments.
He holds an MSc in Petroleum, Energy Economics and Finance and an LLM in Oil and Gas Law from the University of Aberdeen. He also obtained his BSc in Economics and his BA in Political Science from the North Carolina State University. As a Dean he focusses on international engagements and on developing partnerships with academic institutions and ministries working in natural resources sectors.
Frank started his career in the fixed income markets in the US, where he was a bond portfolio manager at PIMCO in Newport Beach, CA USA. He earned a B.S. in Mathematics from the University of North Carolina A&T in Greensboro, NC, USA, where he was a NCAA basketball student-athlete, and subsequently a graduate degree in Quantitative Finance from the University of Chicago, USA.
His research has covered systems theory, the regulation of risk, governance in the EU, corporate governance and energy law. He has been involved in a number of international projects both in research and teaching. He has provided specialist training in oil and gas law and corporate governance for the corporate sector, expert advice in international arbitration, and consultancy to international organisations. He is series editor (together with Professor Julian Webb) of the Law, Science and Society series published by Routledge-Cavendish.
He founded Victoria Oil & Gas Plc a gas utility, exploration, production and distribution company in 2004, and was responsible for the acquisition of the Logbaba project in Cameroon.
Mr. Foo has held CEO and Chairman positions in numerous AIM-listed companies including Celtic Resources Holdings Plc, Eureka Mining Plc, Bramlin Limited and Bakyrchik Gold Plc.
Kevin Foo has been Executive Chairman of Victoria Oil & Gas since 2013.
Prior to joining Bambili Group he held several senior positions in private equity firms. He was Executive Director of the Dema Group, Executive Director of Metalion Corporation, a strategist for E. Oppenheimer and Son and a one time major shareholder of the DeBeers Mining Group.
In addition to his role at Bambili Group, Mr. Fofang is Director of SourceTrace Systems and is an Independent Non-Executive Director of Standard Chartered Bank in Cameroon.
Robert also edits the EMEA section of Platts Oilgram News, commissioning, coordinating and editing news and analytical content from Platts’ regional network of staff and correspondents. Robert has also served as the lead author for analytics coverage of the Platts Top 250 Global Energy Company Rankings since 2013.
Robert began his career in 1994 as a financial/economics reporter at The Daily Journal newspaper in Caracas, Venezuela. He later worked as a financial reporter for Bridge News and Bloomberg in Caracas and Milan, before joining Platts full time in 2000 as an EMEA oil and gas sector reporter. Robert holds a joint honors bachelor’s degree in Spanish and Latin American studies and philosophy from the London Metropolitan University.
Formerly, as Managing Director of Kroll Associates’ Africa Practice, Tara ran a business unit of specialist investigators and political analysts based in London and Johannesburg. Before Kroll, Tara spent 11 years at Control Risks in several senior management roles. She spearheaded the group’s expansion in Africa before taking a similar role for Europe, Middle East and Africa (EMEA). Tara’s career began as a political researcher with the Social Change Assistance Trust, a Norwegian and Commonwealth funded NGO based in South Africa, before moving into journalism. Born in Zimbabwe, brought up in Zambia, Tara is a graduate of the University of Cape Town.
Prior to joining the LSE, Tom was at Citigroup for over 15 years. Tom was a Managing Director in the Equity Capital Markets division, originating, structuring and executing equity and equity-linked transactions across Europe. He has been involved in a large number of IPOs and follow-on capital raising over the years, including many involving a London listing. Prior to Citi, Tom worked in Kleinwort Benson's Equity Capital Markets team from 1994 to 1997.
Tom graduated from Oxford University with a BA (Hons) degree in Philosophy, Politics and Economics.
Prior to joining Curtis, Susan was a Visiting Assistant Professor and Andrews Kurth Energy Scholar at the University of Houston Law Center and a Post-Doctoral Research Fellow at Columbia Law School. She was a co-author of Mining Contracts: How to Read and Understand Them; Oil Contracts: How to Read and Understand Them; and Contracts Confidential: Ending Secret Deals in the Extractive Industries. Ms. Maples was also a Natural Resource Governance Fellow in the Office of the Legal Advisor to the President of Liberia, Madam Ellen Johnson-Sirleaf, in Monrovia, Liberia.
<p dir="ltr">Obi joined Asoko Insight in 2015 to establish the company’s research and project operations in the African region and lead on strategic partnerships. Asoko Insight today, is a leading provider of corporate data on sub-Saharan African markets.</p>
<p dir="ltr">Prior to joining Asoko, Obi was Managing Director of Lamudi Nigeria before acquisition. He spent a decade leading technology-driven transformation programmes at Thomson Reuters, Philips Electronics and Vodafone.</p>
<p dir="ltr">Obi has an Executive MBA from the London Business School.</p>
Chanelle is a French and Nigerian national who for the past 6 years has held commercial positions within the upstream industry at CAP Energy Plc, Heritage Oil Plc, and HARU Energy Nigeria Ltd. She has worked extensively within the MSGBC region and holds an MSc in Energy Management from the IFP and Norwegian Business School.
energy and infrastructure conglomerate with operations across four
continents. An astute entrepreneur and an ardent believer in the
ideology that, corporate social responsibility starts with the
individuals who make up the corporation, Tope is at the forefront of
the organization’s personal and corporate social responsibility
program. He was also at the vanguard of Sahara’s foray into the
power sector and played a monumental role in transforming the
Sahara Group from a Nigerian Oil company to a global energy group.
Tope’s first degree was in architecture following which he bagged an
MBA as well as a Post Graduate Diploma in Contract Management in
the United Kingdom. He is a member of the board of directors of
various companies across the energy space, including Egbin Power
Plc, Asharami Energy Ltd, Asharami Synergy Plc and Ikeja Electric
Plc, to name a few.
Particularly passionate about the renaissance of economic and
entrepreneurial growth and development in Africa, Tope Shonubi
has served in an advisory capacity, on various committees at the
highest levels of governance, in furtherance of this goal. This
includes a stint as an adviser to the President of the Federal
Republic of Nigeria, on International Investment. He has also
authored papers on the promotion and empowerment of the African
Continent with clean energy. He is a member of the Association of
MBA’s (UK) and the Royal Institute of British Architects amongst
other professional bodies.
08:30 - 10:30
Opening and ministerial keynotes
Ministerial keynotes from selected African ministries of petroleum, including the ministers of petroleum and energy of Equatorial Guinea and South Sudan.
10:30 - 11:00
Sponsored networking break
Delegates and speakers break for coffee and snacks.
11:00 - 12:00
Panel: Gas to Power - The Heart of African Energy Industry Growth
Gas-to-power was at the top of the agenda at the Investor Forum. Increasing domestic usage of gas and power; funding and making policy for IPPs; and new LNG projects including floating LNG facilities drive the conversation in 2018. Our panelists took to the stage to talk natural gas and how it is driving African industries and power sectors forward.
12:00 - 13:00
Panel - Final Investment Decisions and Capital Raising in 2018
A more positive oil price outlook for 2018 points to investment decisions finally being made and capital flowing into development projects. The panel examined the legacy of ‘lower for longer’, the risk and reward of investing in African energy projects today, government policies and alternative ways to finance the new crop of projects and initiatives.
13:00 - 14:00
Delegates and speakers break for lunch.
Panel: Local Content - The Impact on the Bottom Line
Countries that have created strong national content policies can be seen as a negative for international investors. But, in reality, those countries that have invested in a capable workforce and domestic industry offer investors a stable foundation on which to base their business. True local content, in which both human capacity and goods can be accessed domestically, saves time and money on the ground and creates a stronger economy overall. Our panelist tackled getting local content policies right, and how local content can be a driver for growth.
15:00 - 16:00
Africa-focused E&P companies Ophir Energy and Atlas-Oranto gave investors their updates on project progress and investment decisions relating to some of Africa’s most high-impact projects.
16:00 - 16:30
Sponsored networking break
Delegates and speakers break for coffee and snacks.
16:30 - 17:00
Africa Energy Series: Equatorial Guinea 2018 book launched by the Minister of Mines and Hydrocarbons.