Tuskys hires CFO to steady its ship

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Tuskys hires CFO to steady its ship

Staff Writer - October 7, 2020

Distressed Tuskys supermarkets has appointed Chadwick Okumu as its new financial controller as it seeks to stay afloat. Okumu replaces Daniel Ndirangu who left the...

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African Energy Week (AEW): Invest in African Energies announced the winners of the AEW 2025 awards during a ceremony held on Tuesday. Celebrating trailblazers shaping the future of the African energy sector, the awards recognized excellence across the African energy sector. Mohammed S. Barkindo Lifetime Achievement Award: François Perrodo François Perrodo was the recipient of the Lifetime Achievement Award for his dedication to positioning Perenco into one of Africa’s most influential energy companies. Under his leadership, Perenco has become synonymous with frontier exploration, responsible production and gas-led development across Central and West Africa. Mohammed S. Barkindo Lifetime Achievement Award: Adriano Mongini Adriano Mongini was honored with the Lifetime Achievement Award for leading Azule Energy through a series of impactful oil and gas projects. From day one, he focused on building Azule not just as Angola’s largest independent oil and gas producer, but as a company that invests in training, local content and national development. Lifetime Achievement Award: Katrina Fisher Katrina Fisher was honored with the Lifetime Achievement Award for her contributions towards Africa’s energy sector. She has led ExxonMobil Angola through an ambitious exploration and production drive, while her dedication to STEM has created significant opportunities for youth and women in energy. Lifetime Achievement Award: Sebastião Gaspar Martins Sebastião Gaspar Martins secured the Lifetime Achievement Award for his commitment to transforming Angola’s national oil company Sonangol into a competitive operator. His leadership has not only seen the company transition into a major player but has helped shape Angola into one of the continent’s biggest producers. Lifetime Achievement Award: Haitham Al Ghais Haitham Al Ghais won the Lifetime Achievement Award for his commitment to Africa. Al Ghais has consistently put Africa at the forefront of global discussions on finance, just transition and sustainable development. Lifetime Achievement Award: Jubril Adewale Tinubu Jubril Adewale “Wale” Tinubu was the recipient of the Lifetime Achievement Award for his dedication to building Oando into one of Africa’s leading energy companies. He has carried the company through periods of uncertainty and transformation, growing it into a multinational enterprise that represents African resilience and ambition. ESG Leader of the Year: ExxonMobil Recognized for STEM Africa, equipping 3,000+ students and educators with industry-ready skills, aligning social impact with long-term workforce development across Nigeria, Namibia, Angola and Mozambique. Service Provider of the Year: Technip Energies Awarded for engineering excellence delivering complex LNG, hydrogen and decarbonization projects - from GTA to Rovuma - while maximizing safety, quality and local value creation. Local Content Champion of the Year: Levene Energies Awarded for scaling African-led projects anchored in local suppliers, talent pipelines and mentorship, building durable industrial capacity across West Africa. International Local Content Champion of the Year: Woodside Energy Awarded for its commitment to capacity building, skills transfer and local empowerment across the countries it operates. Reformer of the Year: Ministry of Petroleum Resources, Nigeria Awarded for operationalizing the Petroleum Industry Act, modernizing licensing and flexible PSCs - unlocking billions in FIDs, infrastructure progress and transparent, investor-friendly processes. Exploration & Production Leader of the Year: Azule Energy Recognized for Agogo FPSO start-up and Angola’s first dedicated gas discovery, boosting production and de-risking Lower Congo Basin potential. Deal of the Year: Vitol Celebrated for strategic stakes in Baleine and Congo LNG, enhancing low-carbon upstream exposure and strengthening West and Central African gas positions. CSR Project of the Year: ConocoPhillips Honored for two decades of Bioko Island Malaria Elimination Project support - dramatically reducing malaria, strengthening health systems and delivering evidence-based community impact in Equatorial Guinea. Gas Monetization Strategy: Greater Tortue Ameyim Development Celebrated for first gas and reaching its commercial operation date for the FLNG vessel in 2025, inaugurating MSGBC LNG exports and a scalable cross-border monetization framework.

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As global carbon markets shift from rule‑setting to real transactions, with Article 6 mechanisms advancing and compliance‑driven demand such as CORSIA coming into sharper focus, attention is turning to where credible supply and policy certainty can be delivered at scale. For Africa, this marks a transition from carbon market readiness to delivery. Against this backdrop, the Carbon Markets Africa Summit (CMAS) 2026 will take place from 13–15 October 2026 in Kigali, Rwanda, bringing together policymakers, investors, buyers, project developers and market enablers at a pivotal moment for global carbon markets. The Summit is delivered with the support of the Ministry of Environment of Rwanda, in partnership with the United Nations Development Programme (UNDP), the African Development Bank (AfDB), the Development Bank of Southern Africa (DBSA) and AUDA‑NEPAD, and with support from private sector partners such as SGS and Anthesis. Rwanda has emerged as one of Africa’s most advanced carbon market jurisdictions, with active engagement under Article 6 of the Paris Agreement and a strong focus on mobilising climate finance. “Rwanda has made a deliberate choice to position carbon markets as a tool for climate action, investment mobilisation and long-term development,” said Dr. Bernadette Arakwiye, Minister of Environment, Rwanda. “Hosting CMAS 2026 reflects our commitment to building credible and investable carbon projects that deliver real value for our economy, communities and climate goals.” At a continental level, carbon markets are increasingly seen as a strategic financing mechanism for development. “The Summit provides a timely platform for African countries to shape the future of carbon markets in line with the continent’s development priorities, and reflects the growing momentum to build credible, high-integrity markets that deliver real value”, said Olufunso Somorin, Regional Principal Officer, Climate Change and Green Growth Programme, African Development Bank. “The Bank remains committed to working with our countries and partners to strengthen the policy, regulatory, and institutional frameworks needed to scale carbon markets, attract investments, and ensure Africa is well-positioned in global carbon markets.” “As Africa transitions to a low‑carbon economy, the mobilisation of private capital is needed at scale to support climate mitigation activities and build climate‑resilient infrastructure,” said Kumesh Naidoo, Carbon Markets Lead at the Development Bank of Southern Africa (DBSA). “As a regional DFI, the DBSA recognises the importance of carbon markets as a climate finance tool and has intentionally stepped forward to support their development through carbon financial instruments, capacitation support and the building of a robust carbon project pipeline. Partnering with CMAS 2026 provides the DBSA with a platform to advance these objectives.” CMAS 2026 is held under the theme: “Africa’s Carbon Markets on the Global Stage: Delivering a Strong Pipeline of Projects, Capital and Transactions at Scale”. As scrutiny on carbon market integrity intensifies, Africa’s carbon assets are increasingly viewed as tools for financing development and strengthening economic sovereignty. “High‑quality carbon markets offer Africa a unique opportunity to translate its vast natural capital into tangible economic value – mobilising finance at scale while empowering countries to pursue development pathways that are both sustainable and sovereign,” said Maxwell Gomera, UNDP Resident Representative in South Africa and Director of the Africa Sustainable Finance Hub. Designed as a market‑enabling platform, CMAS 2026 focuses on alignment between policy, capital and delivery. “We are deliberately shifting the focus from readiness to delivery,” said Emmanuelle Nicholls, Group Director: Green Economy at VUKA Group, the Summit organisers. “CMAS brings policy, capital and projects into the same space to support real transactions and long‑term market credibility.” The programme includes Article 6 and CORSIA workshops, investor and buyer roundtables, curated project presentations, deal rooms and solution‑labs addressing key bottlenecks such as early‑stage finance, MRV capacity and authorisation in practice. Ministerial roundtable and targeted networking formats support coordination and commercial outcomes. Register: https://apo-opa.co/49Kcmpy Get involved: https://apo-opa.co/3R8m6DR

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Tuskys hires CFO to steady its ship

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