African Energy Bank

Nigeria to host African Energy Bank headquarters

By Esther Agbo Nigeria has been designated as the host country for the headquarters of the African Energy Bank (AEB), a pivotal institution aimed at spearheading energy financing and development initiatives across Africa. The decision highlights Nigeria’s prominent role and…

Nigeria to host Headquarters of African Energy Bank

Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri has said that Nigeria has been selected to host the Headquarters of the African Energy Bank. The minister made this known in a statement on Thursday through his official X handle.…

Afreximbank, APPO to set up African Energy Bank

The African Export-Import Bank (Afreximbank) says it is set to inaugurate the African Energy Bank in June 2024 to mitigate the crisis in the African energy sector. The bank disclosed this during a session on “Africa’s Energy Transition and Financing,”…

APPO to inject $5bn into African Energy Bank

The African Petroleum Producers Organisation (APPO) has pledged a sum of $5billion for the establishment of the African Energy Bank (AEB), with the aim of advancing oil and gas projects across oil-producing member countries. The Secretary-General of APPO, Dr Omar…