{"id":26827,"date":"2025-03-05T09:36:22","date_gmt":"2025-03-05T09:36:22","guid":{"rendered":"https:\/\/techandbiz.com.ng\/tab-backup\/?p=26827"},"modified":"2025-03-05T09:36:41","modified_gmt":"2025-03-05T09:36:41","slug":"africas-oil-gas-sector-hires-lobbying-firm-to-push-african-issues-in-washington-and-the-trump-administration","status":"publish","type":"post","link":"https:\/\/techandbiz.com.ng\/tab-backup\/2025\/03\/05\/africas-oil-gas-sector-hires-lobbying-firm-to-push-african-issues-in-washington-and-the-trump-administration\/","title":{"rendered":"Africa\u2019s Oil & Gas Sector hires lobbying firm to push African issues in Washington and the Trump administration"},"content":{"rendered":"

The African Energy Chamber (AEC)\u00a0(https:\/\/EnergyChamber.org<\/a>) \u2013 representing the voice of the African energy sector \u2013 has enlisted international consulting firm Stryk Global Diplomacy (SGD) to support oil and gas engagement between the U.S. and Africa. This collaboration will not only ensure that Africa\u2019s energy interests are effectively represented in U.S. legislative and policy discussions, but also aims to facilitate greater capital and technology injection by U.S. firms into African oil and gas projects.<\/p>\n

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The strategic partnership will strengthen U.S. understanding of Africa\u2019s vital role in enhancing global energy security, while fostering greater investment and cooperation. SGD will also advise the AEC on fostering a more inclusive and constructive approach to G20 energy dialogues in the lead-up to and during the African Energy Week (AEW): Invest in African Energies conference \u2013 taking place in Cape Town from September 29 to October 3, 2025. The collaboration will address ongoing challenges such as financing and policy issues that impact African oil and gas projects. Led by Founder and Chairman Robert Stryk, SGD offers strategic diplomatic solutions, making it a strong partner for the AEC as it works to accelerate energy development across the continent.<\/p>\n

\u201cAfrica needs to produce energy for its people, its development and meet global demand so we avoid volatile energy markets that hurt both American and African consumers,\u201d stated Stryk. \u201cVilifying Africa\u2019s energy industry – the economic engine of multiple nations – because it is based on fossil fuels, although the proportion of renewables is growing, is not justified. Africans need energy to fix energy poverty issues and spur economic growth. They should be allowed to make their own choices. Our firm will work to bring energy matters of Africans to the important decision markets globally.\u201d<\/p>\n

As Africa\u2019s oil and gas industry faces increasing pressure from climate groups and stringent Environment, Social and Governance (ESG) regulations, this collaboration will tackle critical challenges, with finance and climate policies being the most pressing. In recent years, regulations restricting oil and gas financing have limited Africa\u2019s ability to develop its natural resources. Notably, the European Union has sought to reduce or eliminate funding for fossil fuel projects, while environmental organizations such as Greenpeace continue to oppose lending. Up to 11 European banks have cut access to financing for upstream oil and gas projects, despite rising demand across the EU and broader global economy.<\/p>\n

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Africa needs to produce energy for its people, its development and meet global demand so we avoid volatile energy markets that hurt both American and African consumers<\/p><\/blockquote>\n<\/div>\n

In this context, the U.S. \u2013 with its extensive network of major oil and gas companies and financial institutions \u2013 stands to play a key role. African national oil companies, indigenous firms, independents and international energy companies are struggling to secure the financing needed to develop new oil and gas projects and combat energy poverty. However, strengthened collaboration with the U.S. could reverse this trend. The U.S. is not only one of the world\u2019s largest oil and gas producers but, under its new administration, is expected to have an increased presence in Africa\u2019s energy sector. There are significant opportunities for U.S. oil and gas companies in Africa.<\/p>\n

In the oil sector, Africa\u2019s mature producers including Angola, Libya and Nigeria are launching licensing rounds in 2025 to attract fresh investment in exploration projects. Emerging markets such as Senegal, Namibia and Ivory Coast are also seeking increased upstream investment following billion-barrel offshore discoveries. Countries like Gabon, Ghana, Equatorial Guinea and Algeria \u2013 some of the continent\u2019s largest oil producers \u2013 are facing potential phase-out of finance and production, which could devastate these economies and leave their populations in the dark.<\/p>\n

Meanwhile, Africa\u2019s natural gas sector, with over 620 trillion cubic feet of proven reserves, offers the promise of increased energy supplies and reduced emissions. With over 600 million lacking access to electricity and 900 million relying on traditional biomass for cooking, Africa\u2019s energy future must be driven by pragmatic, Africa-centric solutions. As a cleaner-burning fuel, natural gas offers a sustainable pathway to industrialization and economic empowerment. Major projects like Mozambique\u2019s Rovuma Basin developments, Senegal and Mauritania\u2019s Greater Tortue Ahmeyim LNG, Tanzania LNG and the Republic of Congo\u2019s Marine XII permit have the potential to transform the continent\u2019s energy matrix, but more investment is needed to address energy poverty effectively.<\/p>\n

\u201cStryk is a super Lobbyist. He understands Africa and he gets results. He is adaptive and forward-thinking. He achieves results by building consensus. I am confident he is going to help give the African energy sector a voice in Washington,\u201d stated NJ Ayuk, Executive Chairman of the AEC.<\/p>\n

\u201cGiven that 600 million people on the continent lack access to electricity and 900 million people lack access to clean cooking technologies, it\u2019s impossible \u2014 even inhumane \u2014 to discuss climate change without addressing energy poverty. The notion that producing energy in Africa will lead to a \u2018carbon bomb\u2019 is misleading and ignores the critical need for energy access across the continent. Our partnership with SGD is a crucial step in ensuring U.S. policymakers understand the importance of oil and gas in Africa\u2019s economic development. Energy poverty remains one of the biggest threats to Africa\u2019s future, and we must work with partners who recognize that natural gas is not the problem \u2013 it is part of the solution,\u201d concluded Ayuk.<\/p>\n","protected":false},"excerpt":{"rendered":"

The African Energy Chamber (AEC)\u00a0(https:\/\/EnergyChamber.org) \u2013 representing the voice of the African energy sector \u2013 has enlisted international consulting firm Stryk Global Diplomacy (SGD) to support oil and gas engagement between the U.S. and Africa. This collaboration will not only ensure that Africa\u2019s energy interests are effectively represented in U.S. legislative and policy discussions, but […]<\/p>\n","protected":false},"author":1,"featured_media":26830,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[323,457,65,343,73],"tags":[],"class_list":["post-26827","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-environment","category-featured","category-international","category-news"],"_links":{"self":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/posts\/26827","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/comments?post=26827"}],"version-history":[{"count":0,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/posts\/26827\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/media\/26830"}],"wp:attachment":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/media?parent=26827"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/categories?post=26827"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/tags?post=26827"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}