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The Premier Invest Deal Room at African Energy Week 2025: Invest in African Energies offered a showcase of Africa’s leading energy investment opportunities, presenting deals totaling $13.4 billion across upstream, midstream, downstream and renewable sectors. The session connected investors, lenders and strategic partners with high-potential projects, highlighting the breadth of opportunities and growing dynamism of Africa’s energy markets.

Opening the session, René Awambeng, Founder and Managing Director of Premier Invest, described the Deal Room as “a catalyst for investment and innovation,” emphasizing its role in giving project sponsors a platform to present transactions to a targeted audience. Awambeng noted that recent policy shifts, particularly in the U.S., are creating renewed momentum for investment across the sector.

David Thomson, Vice President of sub-Saharan Africa at Welligence, underlined the long-term potential for mergers and acquisitions across the continent, projecting that by the end of 2025 and into 2026, a significant number of corporate and asset deals are expected to come to market. According to Welligence, there are currently 159 opportunities across 18 countries and 102 assets, with greenfield and early-life production projects likely to attract strong investor interest.

The Deal Room featured a diverse range of projects seeking funding. In the oil and gas sector, 18 projects were seeking a combined $12.55 billion, including a Central African oil field acquisition and development project requiring $45.2 million, an East African gas license in need of $49.9 million and a Guyanese oil block seeking a $25 million equity investment with potential reserves of 400 million barrels. A gas monetization project in West Africa requested $71.7 million in financing, while a major Nigerian oil field redevelopment aimed to secure $150 million to accelerate operations.

Midstream opportunities highlighted six projects seeking over $2 billion in total, including the acquisition of a strategic gas infrastructure asset for $100 million and a $16.27 million debt facility to support a company’s consolidation and expansion. Other notable midstream initiatives included a Caribbean LNG development in Grenada, construction of an oil storage tank farm in Southern Africa with $60 million in financing, a 100 MW thermal power plant in Guinea seeking $145 million, and a West African tank farm aiming to double capacity with $47 million in debt financing.

Downstream projects were also prominent, with seven initiatives seeking over $10.2 billion in investment. Among these were the construction of two crude oil refineries in Southern Africa, including one requiring $4.8 billion in financing, a 30,000-bpd refinery in West Africa seeking $160 million and a defunct Caribbean gas-to-liquids plant with an estimated $50 million EBITDA when operational. Other projects included expansion of a refinery serving Western DRC and a downstream LPG distribution network requiring $57.4 million.

Renewable energy projects rounded out the Deal Room. These included a 43 MW clean-gas project in Benin ($84 million), a 71 MW hybrid solar PV and wind project in Zambia ($92 million), a 100 MW solar PV project in South Africa ($87 million), a 100 MW clean-gas project in South Africa ($100 million), a 70 MW geothermal project in Kenya ($362 million), a 5 MW kinetic power plant in Mali (€20 million), and a 120 MW solar PV project with 240 MWh battery storage in Southern Africa ($105 million).