Wale Tinubu, Group Chief Executive Officer of Oando PLC, has been announced as one of the key speakers at the forthcoming G20 African Energy Investment Forum in Johannesburg, South Africa. The event, organized by the African Energy Chamber (AEC), will bring together global investors, policymakers, and industry leaders to advance Africa’s energy development agenda.
Tinubu’s participation underscores the growing influence of African energy firms in shaping investment and sustainability conversations across the continent. Under his leadership, Oando has transformed from a downstream trading company into one of sub-Saharan Africa’s most integrated energy groups.
In 2024, the company completed its acquisition of Eni’s Nigerian Agip Oil Company (NAOC), cementing its status as Nigeria’s largest indigenous oil producer. Oando reported a 164% surge in profit after tax to ₦210 billion for the nine months ending September 2025, supported by a 59% increase in crude oil and gas production—figures that reflect its strong operational performance and expanding footprint in Africa’s energy market.
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Beyond oil and gas, Oando is positioning itself at the forefront of Africa’s energy transition through its new subsidiary, Oando Mining, which focuses on the exploration of lithium and other critical minerals vital for clean-energy technologies. This initiative aligns with Nigeria’s ambition to build a strong presence in the global supply chain for battery materials.
The G20 African Energy Investment Forum aims to mobilize private capital, accelerate energy infrastructure, and strengthen Africa’s role in global investment flows. According to NJ Ayuk, Executive Chairman of the AEC, “Oando’s participation highlights the strength and maturity of African companies that are not only driving production but also positioning themselves in the global energy transition.”
Tinubu is expected to share insights on Oando’s growth strategy and its broader role in deepening Africa’s energy value chain. His session will focus on how indigenous companies can anchor investments, boost local participation, and build international partnerships to unlock new opportunities across the continent.
As the G20 African Energy Investment Forum and the G20 Summit approach, the inclusion of business leaders like Tinubu reflects Africa’s growing prominence in global energy discussions. The forum will serve as a key platform for collaboration and innovation, setting the stage for Africa’s next chapter of energy-driven prosperity.