Forvis Mazars marked its participation at Africa Energy Week (AEW) 2024 in Cape Town by hosting a flagship panel entitled "Investing in Energy in the MSGBC Region". The session, led by Ibra Ndiémé Ndiaye, Energy, Industry and Services Partner at Forvis Mazars, brought together key players in the energy industry to explore investment opportunities and strategies in this fast-growing region.
A session focusing on the energy future of the MSGBC region
During the panel discussion, Ibra Ndiémé Ndiaye highlighted the many assets that position the MSGBC region (Mauritania, Senegal, Gambia, Guinea-Bissau and Guinea-Conakry) as a global energy hub.
"The session highlighted the various assets, opportunities and forward-looking policies that make the MSGBC region a focal point for global energy investment. We were able to hear the commitment of governments, international operators and local players, all united by a vision of responsible and sustainable development", said Mr Ndiaye.
Discussions focused on the prospects for growth in the oil, gas and renewable energy sectors, highlighting the importance of balancing the exploitation of resources with respect for the environment.
Key elements of the panel :
1. Energy potential: The MSGBC region is full of untapped resources, particularly in natural gas, oil and renewable energy.
2. Favourable policy frameworks: Governments in the region have adopted attractive policies and regulations to secure investment.
3. Collaborative partnerships: Stakeholders called for increased cooperation between the public and private sectors to maximise energy potential.
4. Sustainable innovation: The panel also highlighted the role of innovative technologies in reducing emissions and increasing the efficiency of projects.
Towards sustainable and inclusive growth
Ibra Ndiémé Ndiaye stressed the importance of a long-term vision: "In the future, it will be essential to foster more collaborative and innovation-driven partnerships in order to maximise the energy potential of this region. Together, we can position MSGBC not only as an energy powerhouse, but also as a model for sustainable and inclusive growth in Africa and beyond."
Forvis Mazars' participation in Africa Energy Week 2024 reaffirms its role as a strategic advisor to investors and a trusted partner in the economic and energy development of West Africa. By catalysing discussions on the energy future of the MSGBC region, Forvis Mazars is helping to shape a responsible and sustainable investment trajectory in one of the continent's most promising regions.