Heritage Energy Calls for Global Funding to Boost Africa’s Energy Security at NIES 2025
In a significant move to address Africa’s energy challenges, Reverend Sola Adebawo, General Manager of Government, Joint Venture, and External Relations at Heritage Energy Operational Services Limited (HEOSL), has advocated for increased global funding to unlock the continent’s energy potential. The call was made during the Inter-Ministerial/Energy Leadership Roundtable at the 2025 Nigerian International Energy Summit (NIES) on February 25, 2025.
Moderating the session, Adebawo emphasized the critical need for strategic investments and collaborations to bridge the energy gap in Africa. “Access to reliable and affordable energy remains a significant challenge for many African nations, hindering economic development and impacting quality of life,” he stated. He further highlighted that attracting global investments requires a stable regulatory environment, strategic frameworks, and innovative financial mechanisms.
The panel, themed Catalysing Global Investment: Policy Pathways to Unlock Africa’s Energy Potential, featured top energy leaders across Africa. Discussions focused on fostering international partnerships, overcoming regulatory barriers, and ensuring sustainable energy development.
Prominent panelists included Hallal Mohammed Nassim, Chief of Staff to Algeria’s Minister of Energy and Mines; Dr. Heineken Lokpobiri, Nigeria’s Minister of State for Petroleum Resources (Oil); H.E. Gabriel Mbega Obiang Lima, Chairman of the Central African Pipeline Systems (CAPS) and former Equatorial Guinea Minister of Petroleum; and Ekperikpe Ekpo, Nigeria’s Minister of State for Petroleum Resources (Gas).
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Adebawo’s closing remarks underscored the importance of pan-African collaboration to achieve energy security and foster economic growth. The session reaffirmed the collective resolve to transform Africa’s energy landscape through strategic investments and global partnerships.
