News

African Energy Chamber�s Investment Push in China is Met with Tremendous Success

BEIJING,
CHINA - Media OutReach - July 2nd,
2019 - The biggest names in the Chinese energy industry participated in the EG
Ronda Licensing Round Roadshow in Beijing today, hosted by the African Energy
Chamber.

This
is the first investment roadshow organized by the Chamber in China, as it
pursues its strategy of channeling Africa's global outreach to energy investors
and stakeholders worldwide.

It
has confirmed the appetite of Chinese companies for Africa, with the biggest
public and private sector companies responding to the Chamber's call to explore
investment opportunities in Equatorial Guinea, including PowerChina, Sinohydro,
Sinopec, Sinochem, Zhenhua Oil, CNOOC, CMEC, China Minmetals, Shenergy Group
and CPP among others.

"This
2-day roadshow is a demonstration of what the Chamber can accomplish for
African governments and private stakeholders. Our resources and reach have
grown tremendously over the past few years and enabled us to position ourselves
as a pillar of Africa's global investment outreach. I am looking forward to seeing
more deals being signed soon," declared NJ Ayuk, Executive Chairman at the
Chamber and CEO of the Centurion Law Group. "We thank the government of China,
the Chinese energy sector for putting their trust and funding in the Chamber to
organize this very successful roadshow, which is the first of many more we will
be organizing in the future in China."

The
EG Ronda Licensing Round Roadshow 2019 in Beijing is notably showcasing the 27
oil & gas blocks on offer under the country's 2019 oil & gas licensing
round, and is promoting the high-potential that Equatorial Guinea has in
minerals such as gold, diamonds, base metals, bauxite and iron ore. The winners
will be announced during the upcoming GECF's 5th Gas Forum in Malabo
on November 27th, 2019.

"The
pro-activeness of the Ministry of Mines and Hydrocarbons to reach out to global
investors is a winning strategy that should be followed by many others amidst
such competitive market conditions. The Chamber will always be ready to support
African governments and companies seeking to attract investors and build
successful industries at home that promote local content, job creation and
prosperity," said Mickael Vogel, Director of Strategy at the Chamber. "The
Chamber's future roadshows will be taking us back to Beijing but also to global
energy centers such as Singapore, Moscow, Dubai, London and Houston. Africa is
the last true global energy frontier and the time to engage with investors is
now." �

Link
to Image 1: http://bit.ly/2XgQZnT

Link
to Image 2: http://bit.ly/2KTGe9c

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