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,”…
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…
The African Petroleum Producers’ Organization (APPO) and African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) to establish an African Energy Transition Bank. This is contained in a statement signed by Afreximbank’s Media Contact, Mr Amadou Sall, on…
The Nigerian Content Development and Monitoring Board (NCDMB), African Petroleum Producers’ Organization (APPO), and Africa Export-Import Bank (AFREXIMBank) have outlined new and sustainable models of funding oil and gas investments in Africa, using resources drawn from the continent and de-emphasizing international financiers. The new…
African Petroleum Producers Organisation (APPO) has said that the establishment of Dangote Oil Refinery will bring about a 36 per cent reduction in the importation of petroleum productions into the continent. Besides, the organisation expressed a belief that the success…
