Nigeria Selected as Host of $5B Africa Energy Bank, Kickstarting New Era of Oil &Gas Funding
African intergovernmental organization the African Petroleum Producers’ Organization (APPO) has selected Abuja, Nigeria to host the headquarters of the newly established Africa Energy Bank (AEB). Jointly established by APPO and multilateral development finance institution the African Export-Import Bank (Afreximbank), the AEB aims to address the funding challenges faced by Africa’s oil and gas industry…
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