The Congo Energy and Investment Forum, scheduled for March 24-26, will feature a workshop by CLG addressing legal issues in Congo’s energy sector. The session aims to provide insights on navigating regulations and enhancing investment opportunities, coinciding with the launch of crucial energy strategies and licensing rounds aimed at boosting production and access to electricity.
The Congo Energy and Investment Forum (CEIF), taking place March 24-26 in Brazzaville, will feature a workshop organized by CLG (formerly Centurion Law Group). This workshop aims to tackle the unique challenges in the energy investment sector of the Republic of Congo. It is part of the government’s strategy to enhance energy investment, develop local capacities, and promote socioeconomic development through resource monetization and project advancement.
On March 24, the session titled “Mastering Business in Congo: Legal Challenges and Strategic Solutions for Success” will provide insights into corporate law, taxation, immigration, labor law, and regulatory compliance that underlie investment decisions. CLG’s legal experts will discuss critical aspects of investing in Africa’s energy sector, emphasizing the legal intricacies affecting investment flows.
The workshop will also reveal how Congo’s investment framework can enhance the monetization of its natural resources. With upcoming releases of the Gas Master Plan and the Gas Code at CEIF 2025, the government aims to reduce energy imports and elevate electricity access from the current 50%.
Additionally, Congo is set to launch an international licensing round for oil and gas at CEIF 2025, targeting both marginal and deepwater blocks. This initiative is integral to raising oil production significantly, aiming for an increase from 274,000 barrels per day (bpd) to 500,000 bpd by 2027, thereby stimulating investment in the domestic market.
The “Mastering Business in Congo” workshop will equip participants with the tools necessary to navigate the complex regulatory environment affecting various investment types within the energy sector. Attendees will gain insights into developing strategies that mitigate legal risks and safeguard their investments.
Daoudou Mohammad, Tax and Legal Director at CLG, stated, “At CEIF 2025, we recognize that navigating the complex legal and regulatory landscape is crucial for successful investment in Congo’s growing energy sector. This workshop is a pivotal opportunity for investors and stakeholders to gain valuable insights into the legal frameworks that underpin the energy market.”
With a robust portfolio of expertise across multiple industries, CLG provides tailored legal and tax advisory services to myriad multinational companies. The firm operates in several countries, including Germany, South Africa, Nigeria, and Ghana, and boasts a deep understanding of local markets and regulatory frameworks.
CLG’s broad range of expertise in sectors such as energy, infrastructure, and mining enables them to support clients navigating Africa’s dynamic business environment. Through their comprehensive insights and localized solutions, CLG assists businesses in seizing opportunities for growth and successful expansion.
Registration for the workshop is currently open. The CEIF 2025 event, under the patronage of President Denis Sassou Nguesso, is expected to unite international investors and local stakeholders to explore energy and infrastructure opportunities across the region, along with updates on ongoing projects in the country.
In summary, the Congo Energy and Investment Forum will facilitate a significant workshop led by CLG, focusing on the legal and strategic complexities within Congo’s energy sector. The initiative aims to bolster investment and enhance resource monetization while providing critical insights into the evolving regulatory landscape. By engaging with stakeholders, the forum aspires to unlock the potential of Congo’s energy resources through informed investment strategies and collaboration.
Original Source: www.zawya.com