African Reserves

Paul Eardley-Taylor to discuss financing Africa’s energy future at Africa Energy Week (AEW) 2022

At the continent’s premier event for the African oil and gas industry – African Energy Week (AEW) (www.AECWeek.com) 2022 – discussions will largely focus on how the continent will finance the development of its energy resources. As the world begins to see Africa as a potential supplier of global oil and gas demand in 2022, there is no better time than now to increase investment in the continent. In line with this discussion, the African Energy Chamber (AEC) is proud to announce that Paul Eardley-Taylor, Head of Oil & Gas for Southern Africa at Standard Bank, will be coming to AEW 2022 to participate to high-level financial discussions.

With over 20 years of experience in the corporate and investment energy sector, particularly in the areas of oil, gas, renewables and power, Eardley-Taylor will participate as an expert in energy sector financing at this year’s event. With over 10 years of experience as an advisor, banker and financier, Eardley-Taylor is well placed to lead the dialogue on finance in Africa. Throughout his tenure at the helm of the oil and gas industry, Eardley-Taylor has led and continues to lead African energy investments. His experience makes him an optimal partner for investors, a valuable interlocutor and a key figure in the African financial sector.

For Africa in 2022, increasing investment is a top priority for many countries across the continent. With current reserves estimated at 125 billion barrels of oil and over 600 trillion cubic feet of gas, most of which remain untapped, the continent’s resources have the potential to meet continental and international energy demand. On the exploration front, investment will be essential to unlock reserves in onshore, offshore and marginal basins. Recently announced licensing rounds across Africa – such as in the Democratic Republic of Congo; Senegal; Angola; Mauritania and many others – have opened up lucrative opportunities for frontier explorers, and with increased investment a wave of development will undoubtedly be unleashed.

Similarly, on the mid-to-downstream front, the injection of capital across the entire energy value chain will usher in a new era of energy security and independence in Africa through infrastructure development and access to energy. ‘energy. In a post-COVID-19 global geopolitical context, recovering economies across the continent are in desperate need of new sources of energy. In this regard, improving investment in Africa is imperative, as this will not only ensure that the continent reduces energy poverty, but will spur industrialization, multi-sectoral recovery and long-term socio-economic growth.

As such, AEW 2022, which represents the official meeting place for African energy players, is committed to stimulating investment and development across the entire energy sector and value chain by Africa. By introducing global financiers to African opportunities, providing the ideal platform for stakeholders to sign deals, network and form partnerships, AEW 2022 is expected to spark further capital growth in Africa. While ensuring global energy security is important, ensuring the continent is electrified and industrialized is a top priority. Therefore, as part of a mandate to eradicate energy poverty by 2030, AEW 2022 will host roundtables, investor forums and one-on-one meetings, focused on financing Europe’s energy future. Africa.

“By coming to AEW 2022 and participating in the dialogue and decision-making, Eardley-Taylor has prioritized African energy and Africa’s development,” says NJ Ayuk, Executive Chairman of AEW. AEC adding that “AEC is proud to welcome Paul Eardley-Taylor to AEW 2022 and looks forward to setting a new narrative around investing in Africa. Increasing investment is of paramount importance to the continent and ensuring that financing is a key talking point, AEW 2022 is committed to advocating for investments in Africa in 2022 and beyond.

Distributed by APO Group for African Energy Week (AEW).

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About AEW 2022:
AEW 2022 is the AEC’s annual conference, exhibition and networking event. AEW 2022 brings together African energy players with international investors and partners to drive industry growth and development and promote Africa as an energy investment destination. Key organizations such as the African Petroleum Producers Organization, as well as African heavyweights including Equatorial Guinea and Nigeria, have partnered with AEW, furthering the role the event will play in the future. energy of Africa.

This press release was issued by APO. The content is not controlled by the African Business editorial team and none of the content has been verified or validated by our editorial teams, proofreaders or fact checkers. The issuer is solely responsible for the content of this announcement.