African-Russian Energy Association (AREA)
Establishment of conditions aimed at the development and implementation of energy projects between Russian and African companies;
Ensuring access to cheap energy in African countries in order to boost economic growth and improve the quality of life;
Development of international trade between Russia and African countries in the energy sector, including the export and import of related equipment and technologies;
Creation of a platform for dissemination of information about the Russian-African international energy cooperation in the international mass media and the expert community;
Fighting the neocolonization practices in African states carrying out by the Western countries.
Ensuring access to cheap energy in African countries in order to boost economic growth and improve the quality of life;
Development of international trade between Russia and African countries in the energy sector, including the export and import of related equipment and technologies;
Creation of a platform for dissemination of information about the Russian-African international energy cooperation in the international mass media and the expert community;
Fighting the neocolonization practices in African states carrying out by the Western countries.
Goals and objectives
The purpose is to develop joint energy projects between the Russian Federation and African countries
Main tasks:
Search, drafting, analysis, assessment of an economic potential of energy projects as well as their launch and control of implementation.
Organization of forums, round tables and business missions aimed at cooperation in the energy sector.
Cooperation with government agencies and energy companies in African countries and Russia.
Development of the biliteral and multilateral energy treaties and strategies.
Elaboration and implementation of the investment attraction programs, staff recruitment and transfer of technologies in the energy sector in African countries from Russia.
Main activities:
structure
Board of Trustees
Co-chairs (one from African countries
— mr. G. Sebulela and one from Russia)
— mr. G. Sebulela and one from Russia)
Supervisory Board
Executive Board
Audit Commission
AREA Co-Chair from African countries Mr. George Sebulela
George Sebulela (South Africa) is currently the President and Chief Executive of Sebvest Group, Founder and President of SAUBC and African United Business Confederation. He was the Head of Government, Empowerment and Public Infrastructure Finance for ABSA Capital.
Current Board Appointments: Founder and President of African Entrepreneurs Council (AEC), Former Chairman of the Black Business Council (BBC), Now Current Secretary General of the Black Business Council(BBC), Board Member of the Council of The University of Fort Hare, Chairman of the Board of the University of Fort Hare Foundation, Member of the Investment Committee of the University of Fort Hare Foundation, Investment Committee member of Fenix Partners, Secretary of the Black IT Forum Gauteng, Secretary General of the Black Business Executive Circle (BBEC).
Member of the BRICS Committee. Currently serving on the Presidential Advisory Group chaired by the President of the Republic of South Africa and Deputy President of the Republic of South Africa, Committee member of the Johannesburg Stock Exchange (JSE) CEO steering committee chaired by the Minister of Finance and the Chairman of Telkom.
Current Board Appointments: Founder and President of African Entrepreneurs Council (AEC), Former Chairman of the Black Business Council (BBC), Now Current Secretary General of the Black Business Council(BBC), Board Member of the Council of The University of Fort Hare, Chairman of the Board of the University of Fort Hare Foundation, Member of the Investment Committee of the University of Fort Hare Foundation, Investment Committee member of Fenix Partners, Secretary of the Black IT Forum Gauteng, Secretary General of the Black Business Executive Circle (BBEC).
Member of the BRICS Committee. Currently serving on the Presidential Advisory Group chaired by the President of the Republic of South Africa and Deputy President of the Republic of South Africa, Committee member of the Johannesburg Stock Exchange (JSE) CEO steering committee chaired by the Minister of Finance and the Chairman of Telkom.
Current Board Appointments: Founder and President of African Entrepreneurs Council (AEC), Former Chairman of the Black Business Council (BBC), Now Current Secretary General of the Black Business Council(BBC), Board Member of the Council of The University of Fort Hare, Chairman of the Board of the University of Fort Hare Foundation, Member of the Investment Committee of the University of Fort Hare Foundation, Investment Committee member of Fenix Partners, Secretary of the Black IT Forum Gauteng, Secretary General of the Black Business Executive Circle (BBEC).
Member of the BRICS Committee. Currently serving on the Presidential Advisory Group chaired by the President of the Republic of South Africa and Deputy President of the Republic of South Africa, Committee member of the Johannesburg Stock Exchange (JSE) CEO steering committee chaired by the Minister of Finance and the Chairman of Telkom.
Member of the BRICS Committee. Currently serving on the Presidential Advisory Group chaired by the President of the Republic of South Africa and Deputy President of the Republic of South Africa, Committee member of the Johannesburg Stock Exchange (JSE) CEO steering committee chaired by the Minister of Finance and the Chairman of Telkom.
George Sebulela (South Africa) is currently the President and Chief Executive of Sebvest Group, Founder and President of SAUBC and African United Business Confederation. He was the Head of Government, Empowerment and Public Infrastructure Finance for ABSA Capital.
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Russian Energy Week is a showcase of talents and a unique experience for every businessman working in the energy sector.
AREA is a reliable partner in the energy sector for Africa and Russia.
AREA is a reliable partner in the energy sector for Africa and Russia.
Membership fees
Funding sources
Profit from energy projects
Government subsidies
Russian energy market overview and possible directions of cooperation
Cooperation in investments and LNG production and supply
Cooperation in investments and building of energy generation facilities
Cooperation in investments and grid renovation in Africa
Cooperation in transfer of technologies
GAZPROM — the main natural gaz producer in Russia and one of the top gaz suppliers in the world
Inter RAO — one of the biggest electricity producers in Russia
Rosseti is the biggest grid owner and operator in Russia
Machinoimport is the leader in construction of fuel and energy facilities in the Russian Federation, and abroad, import and export of complete plant, miscellaneous equipment
Postal address: 125009, Moscow, Gazetniy lane, 5
