Nigeria’s leading upstream oil and gas company, Renaissance Africa Energy Company Limited, Sunday said it has unveiled an ambitious continental expansion plan aimed at positioning itself as Africa’s foremost energy player.

The company said the plan was announced during the just-concluded Africa Energy Week (AEW) 2025 in Cape Town, South Africa.

Renaissance, which now operates Nigeria’s largest upstream joint venture following its acquisition of The Shell Petroleum Development Company of Nigeria Limited (SPDC), said its long-term goal is to enable energy security, industrialisation, and sustainable growth across Africa.

Speaking during a dedicated session at the conference, Managing Director and Chief Executive Officer, Tony Attah in the release described Renaissance as a transformational force in Africa’s energy landscape.

“We are Renaissance, not just in name, but in purpose,” Attah said, adding, “Our ambition is to catalyse a new beginning for Africa, one that delivers energy security and industrialisation through sustainable practices.”

Renaissance is the operator of the NNPC/Renaissance/TotalEnergies/AENR Joint Venture, with assets spanning 18 oil mining leases across Nigeria’s Niger Delta.
Attah explained that the company’s evolution from SPDC marks a defining moment for African ownership in the energy sector.

“Acquiring SPDC was seen as ambitious, but we executed it with clarity and conviction. Today, Renaissance stands as the new face of Africa’s energy,” he added.
The firm’s chairman, Dr. Layi Fatona, emphasised that Renaissance’s vision is distinctly Afrocentric, aligning its growth strategy with the continent’s development priorities.
“Our vision is clear, we aim to become Africa’s leading energy company, enabling energy security and industrialisation in a sustainable manner,” Fatona said.

According to him, the organisation is not just out to participate in Africa’s energy future but to shape it with a strategy which begins with Nigeria but designed for scale across the continent.
The Africa Energy Week 2025, which ran from 29 September to 3 October, brought together industry leaders, policymakers, and investors to address Africa’s persistent energy poverty, an issue affecting over 600 million people who still lack access to reliable electricity and clean cooking fuels.
At the event, Attah hosted a high-level fireside chat to deepen brand awareness, while Fatona participated in a panel on “Frontier Plays Within Africa’s Mature Basins”, where he discussed how legacy assets could play a vital role in driving the energy transition.

Africa currently holds an estimated 125.3 billion barrels of proven oil reserves, about 7.5 per cent of the global total, and over 800 trillion cubic feet of natural gas, resources that many experts say must be harnessed to lift millions out of poverty and support industrial growth.
Similarly, energy experts at AEW 2025 called for bold policy measures and greater collaboration between governments and private investors to close the continent’s energy access gap by 2030.