Africa-Press – Angola. The Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, informed that during the eighth edition of the African Petroleum Congress and Exhibition (CAPE VIII), organized by the Association of African Oil Producing Countries (APPO), the achievements will be announced sector in recent years.
Diamantino Azevedo, who is also the president of APPO, conveyed that, during CAPE VIII, participants will have the opportunity to take note of some important results, “which we aim to achieve during our mandate”.
For our mandate, he said, “we have outlined some concrete and very important actions for the Organization (APPO) and, during the congress, we will also have the opportunity to hold a meeting of the member ministers of this Organization”.
The congress, which starts today in Luanda, in the presence of the President of the Republic, João Lourenço, is promoted by the Association of African Oil Producing Countries, the Ministry of Mineral Resources, Oil and Gas (MIREMPET) and the company AMTRADE, should end On thursday.
CAPE VIII is set against the backdrop of “Challenges and Opportunities in the African Energy, Oil and Gas Industry” and brings together national, regional and international experts from the energy, oil and gas industry to deliberate on the challenges and opportunities of the energy transition. and the future of the oil and gas industry in Africa.
Organized for 18 years, CAPE VIII is currently reputed to be the largest and most influential oil and gas event in Africa, seeking to provide investors with opportunities to gain more in-depth information and knowledge about the strategic direction of the oil industry. and gas on the mainland.
Likewise, it is a mandatory conference and the only comprehensive platform on policy, business and interaction of member countries of the Association of African Oil Producing Countries, which brings together decision makers, professionals and operators from the public and private sector at national, regional and international levels. , to discuss current developments in Africa’s energy, oil and gas industry.
All Ministers of Energy, Oil and Gas and senior officials of national oil companies from APPO member countries participate in this forum, considered as an opportunity for delegates and conference participants to have a direct interaction in sharing information, first hand, between politicians and decision makers about investment opportunities in national industry.
According to the agenda, the event will analyze various issues, including the impact of COP-26 and the energy transition on the future of the Oil and Gas industry in Africa, the development of African local content, updates from the “upstream ” and “downstream” and adding value through local content. Thus, successful partnerships in the African oil and gas sector will also be appreciated, with a look at the prospects of the NOCs in cross-border infrastructure, the development of the African oil market, opportunities for refinement and petrochemical processing. and the financing of the Oil and Gas sector, looking at the positioning of AEICORP.
Among the key speakers at CAPE VIII are Angola’s Minister of Mineral Resources, Oil and Gas, Diamantino Pedro de Azevedo, APPO Secretary General Omar Farouk Ibrahim, high-level dignitaries and delegates from APPO member countries, in addition to of reputable people from regional organizations and international institutions within and outside the energy, oil and gas industries.
Angola hosts this African oil and gas industry event for the first time since its debut eighteen years ago. The previous edition was held in Abuja, Nigeria in 2016 and attracted 47 high-profile speakers from five continents, 470 participants from 37 countries, 55 exhibitors and 13 sponsors.
Angolan Resources Among Intergovernmental Challenges
The Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, invited African colleagues to join what he considers to be the “technological journey”, referring to the challenges to be faced by the Oil Sector.
The latest legislative updates made by Angola, emerging opportunities and continuous development for regional challenges and prospects for collaboration between countries have been the highlights of intergovernmental meetings that the Minister of Mineral Resources, Oil and Gas, Diamantino Azevedo, holds with counterparts.
At Wednesday’s meeting, which took place in Cape Town (South Africa), with the holders of the continent’s Mineral Resources portfolio, on the sidelines of the Indaba Mining conference, Diamantino Azevedo reminded his “colleagues” that, on the African continent, the Ministers of Mineral Resources carry the hopes and aspirations of a better quality of life for the people, especially communities affected by mining.
That’s why, he said, “as ministers, we dare not and cannot fail our people.” For the Angolan minister, “for many years we have blamed external forces for African problems. Now the time has come for Africans to take responsibility and find solutions to our problems, as our people have entrusted us with these ministerial positions to face the economic development challenges”.
During the presentation, Diamantino Azevedo said that “mineral wealth is not a curse, but a blessing”, that “it is only a curse if we manage it badly”. In fact, he recommended that Africans be the “best stewards of the mineral wealth that the land has bestowed on the continent”.
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