African Energy Chamber founder and executive director NJ Ayuk is tired of European and American green energy pontificators demanding that Africa forgo developing its oil, coal, natural gas, and even nuclear resources. Maybe that’s why Ayuk has led a delegation to Moscow to secure energy partnerships.
An AEC press release notes that the visit aligns with its goal of attracting diverse energy investments to meet Africa’s energy needs and augments ongoing efforts to increase Russian involvement in the continent’s energy market. Devdiscourse says that Russia has been expanding its influence with African nations with a multifaceted approach that spans oil, gas, and nuclear energy sectors.
The AEC-led visit to Moscow aimed to enhance cooperation, attract Russian investments in Africa’s vast energy markets, and build long-term partnerships to serve both African development goals and Russian strategic interests.
Last September, Russian multinational energy corporation Lukoil signed a Memorandum of Understanding with the Republic of Congo’s ministry of hydrocarbons to enhance cooperation in oil exploration and production.
Join the conversation as a VIP Member