The MSGBC Oil, Gas & Power 2024 conference and exhibition – a regionally-focused event dedicated to the energy success of Mauritania, Senegal, The Gambia, Guinea-Bissau and Guinea-Conakry – returns to Dakar for its fourth edition on December 3-4 this year.

The container shipping industry continues to face multiple challenges: The ongoing Red Sea crisis has led to tight capacities at the carriers and increased freight rates. At the same time, various carriers have begun to renew their fleets, and many new vessels have already entered the market, most likely changing market dynamics once again. Additionally, we see unseen geopolitical tensions and with a new government in the USA we might also see some significant challenges for world trade.

Serving as the inaugural edition, the forum underscores the Republic of Congo's growing role in Africa's energy landscape. Under the leadership of Minister of Hydrocarbons Bruno Jean-Richard Itoua, the country has affirmed its commitment to maximizing its energy potential and streamlining licensing and regulatory processes, leading to a series of recent acquisitions and project developments. As sub-Saharan Africa’s fourth-largest oil producer – with a daily output of 280,000 barrels expected by the end of 2024 – the Congo has attracted a new wave of independent explorers and investments across its energy value chain, rivaling neighboring oil giants like Angola and Nigeria.