Wood Mackenzie Joins African Energy Week (AEW) 2025 as Knowledge Partner to Unlock the Continent’s Investment Potential
Wood Mackenzie, a global data and analytics provider, has joined Africa Energy Week (AEW): investing in Africa Energy Week 2025 as a knowledge partner. Through this partnership, Wood Mackenzie brings his expertise to Africa’s premier investment platform as the continent continues to drive socio-economic development of its enormous resource wealth.
Africa has a $800 billion upstream capital expenditure program (CAPEX) program that provides a large number of oil and gas-powered opportunities for international investors, project developers and service providers. Wood Mackenzie Ian Thom’s upstream research director said the main investment theme of this huge capital expenditure program will be LNG, which has become one of the most profitable areas on the continent. , to promote investment and development.
Wood Mackenzie’s commitment to fueling the growth of energy in Africa has thus published a series of Africa Outlook reports that provide real-time data and highlight the latest trends and investment opportunities shaping Africa’s commodity and energy industries. In the latest Upper Sub-Saharan Africa: Reviewed in 2024 The intelligence company’s report released in January 2025 highlighted steady production growth, with oil and gas production in the region increasing by 5%.
The report said the growth was driven primarily by entrepreneurship in Senegal’s Sangamal oil farm and recovery rates in the Nigerian oil sector. The report also shows that merger and acquisition spending in the region has nearly doubled to $6 billion, while floating LNG developments have realized startup momentum in the Republic of Congo and MSGBC Basin with Energy Majors BP and Eni.
At the same time, in the company Energy transition prospects: Africa The company’s report released last February showed a basic case scenario where major energy demand in Africa will increase by 1.2 times from current levels. According to the report, this growth will be driven by the upward trend of GDP and population growth on the continent.
As exploration in borders and mature basins accelerates, Wood Mackenzie’s in-depth market analysis is crucial to providing global investors with real-time insights into the upstream industries in Africa. Such partnerships are therefore crucial to provide partnerships about how African countries can expand their respective oil and gas strategies to attract new investments and create more favorable conditions for global industry players.
“Wood Mackenzie’s expertise in the African commodity market provides the continent with a competitive advantage to attract global investment. As African countries prioritize the development of hydrocarbons and renewable energy resources to ensure energy Security and driving industrial growth, Wood Mackenzie’s consulting, research and supply chain insights will play a key role in bringing positive outcomes to African energy developers and international investors,” Ore Ona Oré Onagbesan said AEW: Director of Energy Programs Investing in Africa.
As AEW’s Knowledge Partner: 2025 Africa Investment, Wood Mackenzie will build on these insights to provide the latest updates while enabling global stakeholders to change regulatory frameworks, fiscal incentives and Policy changes.
Distributed by Apo Group on behalf of the African Energy Room.
