The Chairman and Chief Eexecutive Officer, Genesis Energy Group, Akinwole Omoboriowo II; Chief Executive Officer, Shoreline Energy International, Kola Karim; Chief Executive Officer, Energy & Natural Resource Security, Inc., Derek Campbell; and others have been appointed into the African Energy Chamber’s United States-Africa Committee to serve on its Advisory Board and support the development of stronger energy cooperation and investment between the US and Africa.
Other members appointed by the African Energy Chamber include: Chief Executive Officer, Azimuth Energy Investments LLC, Reginal ‘Reg’ Spiller; Executive Chairman and Chief Executive Officer, Africa Fortesa Corporation, Rogers Beall; President, Kearney Africa, Jude Kearney; Managing Director for Africa, Millenium Challenge Corporation, Alicia Robinson-Morgan; General Manager (Africa), Pioneer Energy, Ann Norman; and Chief Economist, American Petroleum Institute, Dean Foreman.
In their personal capacities, the members of the US-Africa Committee have gathered several decades of experience in government and the private sector from both sides of the Atlantic, and share a passion for Africa and its development.
The decision of the African Energy Chamber was borne out of the belief that the potential for capital, expertise and technology transfers between the US and Africa was being under-exploited.
The US-Africa Committee is the first committee on the African Energy Chamber’s Advisory Board to be announced.
The chamber has put together leading industry experts, executives and public representatives to support several initiatives over the course of 2020 and 2021, such as local content development, natural gas and energy transitions, the promotion of an enabling environment and the expansion of exploration activities.
“The largest but also most recent discoveries in Africa were made by bold and capable American companies who have proven time and again that betting on Africa bears fruits.
“At times when the continent seeks to develop much stronger gas value chains and attract investment into midstream and downstream infrastructure, we need to look back at the United States and develop stronger partnerships.
“As Africa embraces energy transition, a substantial part of the capital needed to develop cleaner energy solutions also lies with American companies and institutions,” said the Executive Chairman at the African Energy Chamber, Nj Ayuk.
African Energy Chamber added that while Power Africa remains to date the most successful initiative to develop Africa’s energy sector by tapping into American capital and technology, more could be done in light of the continent’s continued energy poverty.
The chamber noted that from exploration to gas infrastructure, and from power technology to energy funding, the United States remains a global leader that has much to bring to Africa under the right partnerships and joint-ventures that could support local content development and jobs creation.