"Businesses in Nigeria grapple with various hurdles, particularly in procurement and currency fluctuations, which significantly impact their operations."
"Angola has strategic plans in place extending to 2027 to increase the acreage explored and boost production. This involves putting more blocks into the market to attract investors."
"Platform Petroleum's journey from a marginal field operator to a significant player in the upstream sector demonstrates the importance of marginal fields in nurturing indigenous talent and fostering industry growth."
EXECUTIVE DIRECTOR, OANDO PLC AND COO, OANDO ENERGY RESOURCES (OER)
"We firmly believe that indigenous companies like ours play a crucial role in securing Africa's energy future and spearheading the shift toward more sustainable energy sources."
"Afreximbank has demonstrated its relevance, evidenced by the tremendous growth in its interventions on the continent and balance sheet in recent years."
SENIOR DIRECTOR, NATURAL RESOURCES, AFRICA FINANCE CORPORATION (AFC)
"AFC will continue to provide institutional support to Indigenous companies looking to develop the core assets that have been left behind by the majors."
Despite the challenges, Latin America has several opportunities: Its green energy mix paves the way for the energy transition. In this journey, the chemical and petrochemical industries will be critical, leveraging emerging technologies like AI to enhance their operations.