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Africa Energy Bank

Coverage of Africa Energy Bank in the Nexus archive.

Earliest in view: Jun 21 · 13:24 UTCMost recent: Jun 21 · 13:24 UTC

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BUSINESSJun 21 · 13:24 UTCTHE RIO TIMES
Africa Builds Its Own Bank for Oil and Gas as Western Money Retreats
The Africa Energy Bank is set to launch in 2026 to fund oil and gas projects as Western lenders reduce financing for fossil fuels in Africa. The initiative aims to fill a financial gap left by Western institutions retreating from oil and gas investments on the continent.