https://en.sputniknews.africa/20240917/african-energy-chamber-expands-lawsuit-against-companies-accused-of-damaging-africas-energy-sector-1068309909.html
African Energy Chamber Expands Lawsuit Against Companies Accused of Damaging Africa's Energy Sector
African Energy Chamber Expands Lawsuit Against Companies Accused of Damaging Africa's Energy Sector
Sputnik Africa
The African Energy Chamber (AEC), a non-profit organization advocating for the development of the African energy sector, is currently involved in a lawsuit... 17.09.2024, Sputnik Africa
2024-09-17T13:13+0200
2024-09-17T13:13+0200
2024-09-17T13:26+0200
sub-saharan africa
africa
cape town
energy
law
lawsuit
south africa
southern africa
united arab emirates (uae)
west
https://cdn1.img.sputniknews.africa/img/07e7/07/1d/1060907932_0:0:3291:1851_1920x0_80_0_0_1b7fbf626d520f66ec68bc2bfd808505.jpg
The AEC recently expanded its lawsuit to include Sankofa Events, a London-based startup that recently acquired AOW.The AEC alleges unethical practices by both companies and seeks $5 million in damages due to Hyve Group's move of AOW to Dubai in 2020, which marginalized African stakeholders.The AEC aims to continue its mission to eradicate energy poverty by 2030 at the upcoming African Energy Week (AEW) conference in Cape Town (November 4-8).
https://en.sputniknews.africa/20240816/financial-apartheid-african-energy-chamber-takes-aim-at-western-double-standards-in-energy-policy-1067893413.html
africa
cape town
south africa
southern africa
united arab emirates (uae)
west
europe
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2024
News
en_EN
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik Africa
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
africa, cape town, energy, law, lawsuit, south africa, southern africa, united arab emirates (uae), west, europe, gas, oil, renewable energy
africa, cape town, energy, law, lawsuit, south africa, southern africa, united arab emirates (uae), west, europe, gas, oil, renewable energy
African Energy Chamber Expands Lawsuit Against Companies Accused of Damaging Africa's Energy Sector
13:13 17.09.2024 (Updated: 13:26 17.09.2024) Ekaterina Shilova
Writer / Editor
The African Energy Chamber (AEC), a non-profit organization advocating for the development of the African energy sector, is currently involved in a lawsuit against the Hyve Group, a British events company that organizes trade shows and conferences, including Africa Oil Week (AOW).
The AEC recently expanded its lawsuit to include Sankofa Events, a London-based
startup that recently acquired AOW.
The AEC alleges unethical practices by both companies and seeks $5 million in damages due to Hyve Group's move of AOW to Dubai in 2020, which marginalized African stakeholders.
“As the voice of the African energy sector, we will continue to fight against all injustices from within the industry. [...] Our aim is to address injustice, complacency and misinformation and with this lawsuit, we aim to shift Africa’s narrative back to the continent itself in order to deliver on our promise to eradicate energy poverty within this decade,” said AEC Executive Chairman NJ Ayuk.
The AEC aims to continue its mission to eradicate
energy poverty by 2030 at the upcoming African Energy Week (AEW) conference in Cape Town (November 4-8).
