• About
  • Advertise
  • Privacy Policy
  • Contact
Tuesday, October 7, 2025
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result

AEC Champions Russian Investment in Africa’s Energy 

Prince Agyapongby Prince Agyapong
April 2, 2025
Reading Time: 5 mins read
Prince Agyapongby Prince Agyapong
in Extractives/Energy
0
NJ Ayuk, Chairman of the African Energy Chamber (AEC)

NJ Ayuk, Chairman of the African Energy Chamber (AEC)

NJ Ayuk, Chairman of the African Energy Chamber (AEC) has emphasized the crucial potential of Russian-African collaboration in shaping the evolving landscape of Africa’s energy sector. 

Delivering a keynote lecture titled “African Energy Agenda: Prospects and Challenges,” Ayuk highlighted key successes in Africa’s energy sector, stressing that empowerment—rather than mere assistance—is what Africa truly needs. 

“What Africa really needs is empowerment. It’s not the assistance, but the right to shape its future development.

“This affects, among other things, the energy sector.” 

NJ Ayuk, Chairman of the African Energy Chamber (AEC)

Ayuk emphasized that Russian energy companies, including Gazprom and Rosatom, have taken concrete steps toward strengthening Africa’s energy infrastructure.  

RelatedPosts

COMAC Probes into Alleged Manipulation of Fuel Consumption Data 

Petroleum Hub is the Quintessential 24-Hour Economy Initiative – PHDC CEO 

Ghana Showcases Energy Sector Transparency at Global Summit in Spain 

He noted that Gazprom is actively exploring projects in gas motor fuel and compressed natural gas, while Rosatom has already commenced construction of a nuclear power plant in Egypt. 

These investments signal a growing interest in Africa’s energy potential from Russian stakeholders. 

“Russian-African cooperation in the energy sector has significant potential.

“Gazprom is looking at projects in the field of gas motor fuel and compressed natural gas, and Rosatom has started construction of a nuclear power plant in Egypt.” 

NJ Ayuk, Chairman of the African Energy Chamber (AEC)
Ayuk Champions Russian Investment in Africa's Energy
Ayuk Champions Russian Investment in Africa’s Energy

Ayuk’s speech was part of a broader event organized by the HSE Center for African Studies, with the support of the Roscongress Foundation.  

The event was moderated by Vsevolod Sviridov, Deputy Director of the Center for African Studies, and attended by academics, energy experts, and students. 

One of the critical challenges outlined during the event was the lack of reliable data on Africa’s energy sector. Sviridov presented findings from the Africa 2025: Prospects and Challenges handbook, highlighting the continent’s fragmented energy infrastructure. 

Without comprehensive data, African governments and energy investors struggle to implement long-term strategies for sustainable energy solutions.  

Ayuk acknowledged this as a major hurdle but pointed to Russia’s extensive experience in energy market analysis as a valuable resource for Africa’s development. 

“We need full-depth analysis of the African energy sector to understand the prospects of its long-term development.

“This is a big challenge that African governments and the private sector are currently facing. That is why we appreciate our partnership with Russian think tanks.” 

NJ Ayuk, Chairman of the African Energy Chamber (AEC)

He further described the Africa 2025 Handbook as a vital source of knowledge that informs policymaking, business decisions, and international cooperation in the energy sector. 

Russia Commits to Strengthening African Energy Ties 

Russian-African Energy Cooperation at HSE University
Russian-African Energy Cooperation at HSE University

Anastasia Likhacheva, Dean of the HSE Faculty of World Economy and International Affairs, reinforced Russia’s commitment to bridging Africa’s energy knowledge gap.  

She emphasized that Africa remains the world’s largest undeveloped energy market, and Russia is eager to collaborate in addressing key sectoral challenges. 

“Africa’s vast energy potential remains largely untapped, and there is a growing demand for expertise to navigate these challenges.

“Russia stands ready to assist in closing the knowledge gap and fostering long-term energy solutions.” 

Anastasia Likhacheva, Dean of the HSE Faculty of World Economy and International Affairs

Meanwhile, Andrey Maslov, Director of the Center for African Studies, closed the event by expressing his enthusiasm for continued collaboration between Russian and African energy stakeholders.  

He highlighted the importance of sharing knowledge and expertise to build a resilient energy sector in Africa. 

“For us, it’s a great pleasure to host the African Energy Chamber here at HSE University.

“We hope to continue the expert and analytical dialogue, conduct joint projects—including those involving students—and strengthen our cooperation in the future.” 

Andrey Maslov, Director of the Center for African Studies

The discussions at HSE University reaffirmed the importance of Russian-African cooperation in the energy sector.  

With Africa’s energy landscape evolving rapidly, strategic partnerships with experienced players like Russia could be instrumental in driving sustainable development.  

The session concluded on a positive note, emphasizing the need for deeper collaboration, increased knowledge-sharing, and greater opportunities for African youth in the energy space. 

Ayuk’s call for empowerment over assistance resonates with Africa’s growing push for self-reliance in energy development.  

As both Russia and African nations explore new avenues of cooperation, the prospects for a robust and sustainable African energy market appear increasingly promising. 

READ ALSO: AG Ayine, Tamakloe Accused of Enabling ECG Procurement Missteps 

Tags: Africa EnergyAfrican Energy ChamberAfrican resourcesEnergy investmentenergy sectorGazprom ProjectsRosatom Nuclear EnergyRussian-African CooperationSustainable Development
Please login to join discussion
Previous Post

Ghana, IMF Begin Fourth Review Mission Amid Economic Reforms

Next Post

D-Black Reveals Reggie Rockstone Inspired Him to Rap in Twi

[mc4wp_form id="1264"]

Related Posts

Government to Roll Out ‘Nkukor Nkitinkiti’ Programme in October
General News

IMANI Warns of Poultry Waste Risk Without Processing Plan Under Nkoko Nkitinkiti Programme

October 7, 2025
International Backlash Mounts Over Israel’s Gaza City Takeover Plan
Asia

From October 7 To Gaza’s Ruins: Scars Run Deep On Both Sides As War Hits Two-year Mark

October 7, 2025
Ghana’s Minister for Communications, Digital Technology and Innovation, Hon. Samuel Nartey George
General News

IMANI Challenges Minister’s Claim of ‘Increased Value Offer’ in DStv Deal

October 7, 2025
Petrol, LPG Prices to Rise Slightly from August 16, Diesel to Drop – COMAC 
Extractives/Energy

COMAC Probes into Alleged Manipulation of Fuel Consumption Data 

October 7, 2025
Over GH¢39 Million Worth of Shares Change Hands in Explosive Trading Session
Securities/Markets

Over GH¢39 Million Worth of Shares Change Hands in Explosive Trading Session

October 7, 2025
Flight Lands Early After Masked Passenger Raves About Gay People
Oddities

Flight Lands Early After Masked Passenger Raves About Gay People

October 6, 2025
Government to Roll Out ‘Nkukor Nkitinkiti’ Programme in October
General News

IMANI Warns of Poultry Waste Risk Without Processing Plan Under Nkoko Nkitinkiti Programme

by Silas Kafui AssemOctober 7, 2025
International Backlash Mounts Over Israel’s Gaza City Takeover Plan
Asia

From October 7 To Gaza’s Ruins: Scars Run Deep On Both Sides As War Hits Two-year Mark

by Comfort AmpomaaOctober 7, 2025
Ghana’s Minister for Communications, Digital Technology and Innovation, Hon. Samuel Nartey George
General News

IMANI Challenges Minister’s Claim of ‘Increased Value Offer’ in DStv Deal

by Evans Junior OwuOctober 7, 2025
Petrol, LPG Prices to Rise Slightly from August 16, Diesel to Drop – COMAC 
Extractives/Energy

COMAC Probes into Alleged Manipulation of Fuel Consumption Data 

by Prince AgyapongOctober 7, 2025
Over GH¢39 Million Worth of Shares Change Hands in Explosive Trading Session
Securities/Markets

Over GH¢39 Million Worth of Shares Change Hands in Explosive Trading Session

by Stephen M.COctober 7, 2025
Flight Lands Early After Masked Passenger Raves About Gay People
Oddities

Flight Lands Early After Masked Passenger Raves About Gay People

by Esther Korantemaa OffeiOctober 6, 2025
Government to Roll Out ‘Nkukor Nkitinkiti’ Programme in October
International Backlash Mounts Over Israel’s Gaza City Takeover Plan
Ghana’s Minister for Communications, Digital Technology and Innovation, Hon. Samuel Nartey George
Petrol, LPG Prices to Rise Slightly from August 16, Diesel to Drop – COMAC 
Over GH¢39 Million Worth of Shares Change Hands in Explosive Trading Session
Flight Lands Early After Masked Passenger Raves About Gay People
[/vc_row_inner]

Recent News

  • IMANI Warns of Poultry Waste Risk Without Processing Plan Under Nkoko Nkitinkiti Programme
  • From October 7 To Gaza’s Ruins: Scars Run Deep On Both Sides As War Hits Two-year Mark
  • IMANI Challenges Minister’s Claim of ‘Increased Value Offer’ in DStv Deal
  • COMAC Probes into Alleged Manipulation of Fuel Consumption Data 
  • Over GH¢39 Million Worth of Shares Change Hands in Explosive Trading Session
The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.