Joe Levin

Partner Watson Farley & William


AOW 2023 Programme Sessions

Financing for African Upstream Deal Flow

For buyers wanting to invest in Africa, access to capital (both debt and equity) is proving more challenging whilst several of oil majors and national oil companies look to run disposal processes. As traditional commercial bank financiers continue to make global announcements about reducing their exposure to oil & gas globally, and given that most (if not all) acquisitions of big packages of African upstream assets will require debt across the line, is it available and where is it going to come from?

  • What are the key challenges to financing African E&P
  • What do financial institutions require to continue lending?
  • How can African companies better originate projects?
  • Will it continue to get harder to finance these deals?

Thursday 12 October 09:15 - 10:00 Stage B

Finance and M&A Forum

Add to calendar 10/12/2023 09:15 10/12/2023 10:00 Financing for African Upstream Deal Flow

For buyers wanting to invest in Africa, access to capital (both debt and equity) is proving more challenging whilst several of oil majors and national oil companies look to run disposal processes. As traditional commercial bank financiers continue to make global announcements about reducing their exposure to oil & gas globally, and given that most (if not all) acquisitions of big packages of African upstream assets will require debt across the line, is it available and where is it going to come from?

  • What are the key challenges to financing African E&P
  • What do financial institutions require to continue lending?
  • How can African companies better originate projects?
  • Will it continue to get harder to finance these deals?
Stage B Africa/Johannesburg