Oando PLC continues to set the pace for how African independents can lead the continent’s evolving energy landscape. Once known mainly as a trading and downstream company, Oando has transformed into one of sub-Saharan Africa’s most competitive integrated groups. Its diversification journey includes expanding upstream operations after acquiring Eni’s Nigerian Agip Oil Company in 2024, launching Oando Mining for lithium and critical minerals, and reinforcing its downstream and marketing divisions. These moves highlight how strong energy investment strategies are driving long-term sector growth.
G20 Forum to Spotlight Africa’s Energy Investment Strategies
The African Energy Chamber’s G20 Africa Energy Investment Forum (https://EnergyChamber.org/) — scheduled for November 21 in Johannesburg — will feature two fireside chats dedicated to exploring how upstream expansion, midstream diversification, and downstream modernization can unlock the continent’s oil and gas potential.
As African governments and companies reposition for new exploration, refinery upgrades, and transition-aligned planning, these sessions will outline how global partnerships and well-designed energy investment strategies can accelerate development. For readers interested in Africa-focused travel insights, you can also explore my platform here: https://travel.afrikeye.com/.
NJ Ayuk, Executive Chairman of the African Energy Chamber, emphasized: “Africa’s oil and gas value chain is full of untapped potential, and companies like Oando are proving what is possible when African champions lead from the front.”
Oando to Discuss Growth, Diversification and Investment Approaches
During the G20 Forum, Tinubu will join a fireside chat titled Strategy, Growth and Expansion: From Upstream to Energy Diversification. The discussion will unpack Oando’s approach, highlight investment opportunities for African independents, and explain how broadening the value chain through smart energy investment strategies can strengthen regional competitiveness.
SANPC’s Refinery Modernization and Midstream Expansion
In another fireside chat, the newly formed South African National Petroleum Company (SANPC) will outline its plans to reshape the country’s midstream sector. Under the theme Repositioning the National Champion: Refinery Modernization and De-Risking South Africa’s Supply Chain, SANPC CEO Godfrey Moagi will share insights into strengthening national fuel security.
Lack of investment has long burdened South Africa’s refineries, leading to heavy import dependence. SANPC aims to reverse this trend through targeted energy investment strategies, including revitalizing the SAPREF refinery and reinstating the Gas-to-Liquids facility. The goal is to restore SAPREF’s 180,000 barrels per day capacity, with plans to scale it to between 400,000 and 600,000 bpd.
Rising Global Interest and Strategic Pathways for Investors
As global interest in Africa’s energy markets grows, countries across the continent are adopting new policies to boost upstream activity, modernize refineries, and attract financiers. The G20 Africa Energy Investment Forum’s fireside sessions will provide valuable guidance for investors, national companies, and international lenders looking to expand across Africa through effective energy investment strategies.
Ayuk noted: “South Africa’s energy security hinges on strengthening its downstream infrastructure, modernizing refineries and building a resilient, competitive supply chain. Achieving this vision requires long-term finance, technology partners and strategic investors committed to large-scale refinery upgrades.”
To register for the Forum click here (https://apo-opa.co/4pewDcs).
This story was first reported by APO Group. Read the full article here.
