What makes us special
We are passionately focused around the achievement of our corporate purpose. We operate in jurisdictions which are often viewed as challenging by peers. We embrace these challenges as opportunities and understand that these are the jurisdictions where we can have the greatest impact.
We have a growth/cash flow re-investment orientated mindset. We take a patient and long-term view as to business performance and development. We believe in human talent development. We operate and hold ourselves accountable to high standards of performance and behaviour. We make things happen.
Our core beliefs
We are focused on Africa as we believe the continent’s energy poverty is one of the most urgent and important problems facing the world today.
We invest in hydrocarbons AND renewable energy assets as we believe both are critical components of the 2030-50 energy mix.
Access to energy is essential for economic development and human progress. It is positively correlated with many other key human development metrics, including those associated with educational attainment, life expectancy and quality of life, and, as such, is the critical enabler of human activity.
We are focused on Africa as we believe the continent’s
energy poverty is one of the most urgent and
important problems facing the world today
The impact of energy poverty in Africa is clear to see; 439 million people in Africa are estimated by the World Bank to be living in extreme poverty (i.e. earning less than US$2.15 per day).1 Approximately 600 million people in sub-Saharan Africa lack access to grid connected electricity (in any form). Despite her size and low electricity access, Africa is estimated to receive only 3% of all global energy investment.2
We invest in hydrocarbon AND renewable energy assets
as we believe both are critical components of the
2030-50 energy mix
Approximately 80-82% of global primary energy demand is provided by fossil fuels, with oil and gas accounting for approximately 55% of total supply.3 The scale of investment required to sustain the “status quo” global quality of life is immense, with energy sector investment estimated at over US$3 trillion annually, split between fossil fuels and clean energy.4
It is clear that: (1) oil and gas production is a critical contributor to the current functioning of the global economy and the maintenance of human living standards; and (2) this is clearly evidenced by the money people are prepared to spend to sustain their “status quo” quality of life.
Energy transitions take (a lot of) time
It has taken decades for major energy sources to provide a significant share of global supply:
Previous energy transitions took over 50 years, and the modern renewable energy transition only began around 2015. The extent to which the world requires oil and gas in the future will depend on the absolute and relative rate of renewable energy and carbon mitigation technological improvements.
Private sector investment and trade, inter-alia, stimulate economic growth, enhance the efficiency of resource allocation, facilitate technology transfer, create jobs, reduce poverty, generate government revenue, and foster market integration and stability.
Give a person a fish and you feed them for a day. Teach a person to fish and you feed them for a lifetime”
Anonymous
- Source: World Bank.
- Source: IEA, 2025.
- Source: S&P Global Market Intelligence, S&P Global Ratings.
- Source: World Energy Investment 2025.
