{"id":8706,"date":"2022-09-21T14:30:11","date_gmt":"2022-09-21T14:30:11","guid":{"rendered":"https:\/\/techandbiz.com.ng\/tab-backup\/?p=8706"},"modified":"2022-09-21T14:30:34","modified_gmt":"2022-09-21T14:30:34","slug":"central-energy-fund-africa-oil-week-announce-ground-breaking-partnership","status":"publish","type":"post","link":"https:\/\/techandbiz.com.ng\/tab-backup\/2022\/09\/21\/central-energy-fund-africa-oil-week-announce-ground-breaking-partnership\/","title":{"rendered":"Central Energy Fund, Africa Oil Week announce ground-breaking partnership"},"content":{"rendered":"<p>The Central Energy Fund and Africa Oil Week (<a href=\"https:\/\/www.africa-newsroom.com\/press\/countlinks\/217614\/https:%7D%7Dafrica-oilweek.com%7D\/website\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/Africa-OilWeek.com<\/a>) are proud to announce a three-year partnership to drive investment and energy security for South Africa.<\/p>\n<p>&nbsp;<\/p>\n<p>The Central Energy Fund (CEF) is a state-owned diversified energy company that reports to the Department of Mineral Resources and Energy of the Republic of South Africa. Its mandate is to contribute to the security of the energy supply of South Africa and the Region through exploration, acquisition, development, marketing, and strategic partnership.<\/p>\n<p>\u201cWe are incredibly excited to join up with the CEF to carry the torch for future energy security across a diversified energy mix. We are dedicated to creating prosperity and economic growth for South Africans,\u201d said Paul Sinclair, VP of Energy and Director of Government Relations for Africa Oil Week.<\/p>\n<div class=\"press-quote-block col-sm-6\">\n<blockquote id=\"press-quote\"><p>We believe that this partnership will also unlock our newly adopted strategy of being a \u2018strategic investor\u2019 in securing energy solutions to power the region\u2019s energy needs<\/p><\/blockquote>\n<\/div>\n<p>\u201cOur partnership with AOW will create a platform for CEF Group to initiate strategic partnerships geared to appeal to potential funders to support its R67 billion project pipeline in the energy value chain.&#8221;<\/p>\n<p>We believe that this partnership will also unlock our newly adopted strategy of being a \u2018strategic investor\u2019 in securing energy solutions to power the region\u2019s energy needs, leading the energy security and a just transition programme for South Africa\u201d, said CEF Group CEO, Dr Ishmael Poolo.<\/p>\n<p>This strategy is reflected in the critical work being done in South Sudan through CEF subsidiary, the Strategic Fuel Fund as well the acquisition of the 40% shares in the 865-kilometre gas transmission pipeline (ROMPCO) from Mozambique to South Africa in fostering partnerships aimed at promoting regional integrated energy development critical for socio-economic development, added Poolo.<\/p>\n<p>\u201cWe are so pleased to partner with CEF and cannot wait to complete more of the work needed to ensure a brighter future for South Africa,\u201d said Sinclair.<\/p>\n<p>Register your interest now to play your role in sustainably developing our industry and Africa via the African upstream. Attend the conference alongside senior delegates and 50+ Ministers and leaders of government: Africa Oil Week 2022 (<a href=\"https:\/\/www.africa-newsroom.com\/press\/countlinks\/217614\/https:%7D%7DAfrica-OilWeek.com\/website\" target=\"_blank\" rel=\"nofollow noopener\">https:\/\/Africa-OilWeek.com<\/a>).<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Central Energy Fund and Africa Oil Week (https:\/\/Africa-OilWeek.com) are proud to announce a three-year partnership to drive investment and energy security for South Africa. &nbsp; The Central Energy Fund (CEF) is a state-owned diversified energy company that reports to the Department of Mineral Resources and Energy of the Republic of South Africa. Its mandate [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":8707,"comment_status":"open","ping_status":"open","sticky":true,"template":"","format":"standard","meta":{"footnotes":""},"categories":[323,301],"tags":[],"class_list":["post-8706","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-energy","category-events"],"_links":{"self":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/posts\/8706","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=8706"}],"version-history":[{"count":0,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/posts\/8706\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/media\/8707"}],"wp:attachment":[{"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/media?parent=8706"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/categories?post=8706"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/techandbiz.com.ng\/tab-backup\/wp-json\/wp\/v2\/tags?post=8706"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}