The 22nd Africa Oil Week/Africa Upstream Conference 2015 will be hosted in Cape Town, South Africa from 26th- 30th October, said AllAfrica.

Global Pacific & Partners and ITE Group plc are the organizers this time round.

The Africa Oil Week has been described as the only global venue for “one-stop” Licensing Round Announcements, Government Roadshows, and Corporate Showcasing.

This year’s conference will have at least 120 Speakers, 150 Exhibitors, 40+ Governments and over 1,000+ key senior oil and gas industry executives and state oil officials.

HE Jean-Marc Thystere Tchicaya, Ministre des Hydrocarbures de la République du Congo, will make a keynote presentation and open the 2016 Licence Round at the conference.

He will also host the Congo Roadshow during the Africa Oil Week with Ministerial, DGH and SNPC Delegations in attendance.

The Gabon Deepwater License Round 2016 will also be announced by Gabon’s Minister of Petroleum and Hydrocarbons, Etienne Dieudonne Ngoubou.

In other news Congo-Brazzaville, Guinea, Niger and Mali have all agreed to put a portion of revenues from oil, gold, phosphate and uranium production into the Unicef Unit life fund, starting in 2017, reported Upstream Online.

For every barrel of oil produced, $0.01 will go towards the fund meant to battle child malnutrition, hoping to raise around $100 m a year.

Nigeria and Angola have yet to be approached to make their own contributions as the continent’s two top oil producers.