Firm launches book on African oil sector pre-COVID-19

The African Energy Chamber has announced the launch of its first-ever advisory board book on how the African energy sector can rebound after the Coronavirus Disease economic crisis.

The book, African Energy Road to Recovery: How the African Energy Industry can Reshape itself for a post-COVID-19 Comeback, is a compilation of data resources on the impact of COVID-19 on the African energy industry and how the sector can prepare for a rebound.

Executive Chairman of the AEC, NJ Ayuk, said, “2020 was a tough year for the industry; it required African petroleum producers and local and international investors to re-examine their strategies as a means to navigate through the ever so complex energy landscape.

“Through conversations with our advisory board members, who are also active players in the global energy sector, we have put together this resource to act as a guide for the private and public sector as they work through this most challenging time. Now is the time to be smart, rethink and make decisions now for the future.”

Director of Marketing and Communications at AEC, Mandisa Nduli, added, “The two-pronged crisis of the COVID-19 pandemic and the slump in oil prices presented African petroleum producers with unparalleled challenges.

“Having watched the reactions of governments and industry stakeholders in the past year, we felt it was important that we build on the examinations presented in our Africa Energy Outlook report launched in November. The road to recovery book is a true depiction of the Chamber’s mission to provide possible solutions to the challenges that continue to undermine Africa’s energy sector. This book, as well as the chamber, is solutions-oriented, with the intent of providing practical steps on how to make energy work for Africa.”

The book, which will be sold across all major international retailers, including Amazon, iTunes, Barnes and Noble and Kobo has some key participants such as Mohammad Barkindo, Secretary-General of Organisation of Petroleum Exporting Countries; Frank Ene, CEO of RoyalGate Energy; Pierre Raillard, Country Director, Morocco Chariot Oil and Gas; Nosizwe Nokwe-Macamo, Executive Chairman and Founder of Raise Africa Investments; and Akinwole Omoboriowo, Chairman and CEO of Genesis Energy Group.

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