Moneda returns to African Energy Week 2023 as a Bronze Sponsor to shape crucial conversations around Africa’s local content development and energy investment opportunities.
The African Energy Chamber (AEC) – the voice of the African energy sector – is proud to announce that Nigerian Financial Institution, Moneda, will participate as a Bronze Sponsor at the 2023 edition of the African Energy Week (AEW) conference and exhibition – Africa’s premier event for the energy sector – scheduled for 16 – 20 October in Cape Town.
Boasting a well-established base and extensive experience within Africa’s energy and mining sectors, Moneda, since inception in 2015, has emerged as one of the continent’s key drivers of the sustainable development and growth of Africa’s extractives industries.
Through the provision of turnkey research, intelligence and structured trade finance services to the mining and energy markets, Moneda is championing Africa’s agenda to maximize the sustainable development and exploitation of natural resources to address energy poverty and drive socioeconomic developments.
While energy transition-related policies have restrained the flow of capital for global oil and gas projects and an increasing number of African hydrocarbon-producing countries competing with their global counterparts to attract these investments, Moneda – who signed an agreement with Namcor during AEW 2022 to provide 10 Namibian companies with access to capital – has emerged as the go-to-partner for African oil and gas projects.
Furthermore, with an increasing number of African countries seeking reliable partners to drive hydrocarbons industry growth and local content development, the role of Moneda – having established itself as a local content champion – continues to expand. In this regard, AEW 2023 represents the best platform for Moneda to connect with Africa’s key decision makers on energy financing and local content development matters and global energy investors seeking reliable investment partners to unlock the African energy renaissance.
In the commodities trading sector, Moneda’s strong relationships with major players across the energy and extractives industries has also positioned the company as a major facilitator of trade between African and international buyers and suppliers. And with Africa aiming to maximizing the monetization of energy and mineral products for gross domestic product growth through optimal intra-African trade and exports to international markets, Moneda represents the ideal partner to facilitate the flow of goods and services.
AEW 2023, as the platform where Africa’s energy and investment opportunities are discussed and optimized – is the best place for Moneda to network, discuss and sign deals with African and global suppliers and buyers.
On the renewable energy front, with the energy transition taking center stage, Moneda has also positioned itself as a key facilitator of the revolution by providing African projects with funding, technical and supply chain assistance solutions required to simplify and fast-track renewable energy projects.
“We commend Moneda’s commitment to address African energy market challenges leveraging local grown solutions. Moneda has emerged as a best practice for Africa to maximize energy financing and local content development to ensure the sustainable development and exploitation of hydrocarbons and renewable energy resources for energy poverty alleviation and industrialization,” states NJ Ayuk, the Executive Chairman of the AEC.
At AEW 2023, Moneda representatives will participate in high-level panel discussions and exhibitions showcasing investment and local content opportunities available across the African oil, gas and entire energy sector.
AEW 2023 is the AEC’s interactive exhibition and networking event, established in 2021, that seeks to unite African energy stakeholders, drive industry growth and development, and promote Africa as the destination for African-focused events. For more information about AEW 2023, visit https://aecweek.com.
