‘Multi-billion dollar energy bank coming’
Published On May 19, 2022 » 1630 Views» By Times Reporter » Business, Stories
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By MAIMBOLWA MULIKELELA –
THE Pan-African multilateral trade finance institution, African Export-Import Bank (Afreximbank), has signed an agreement with African Petroleum Producers Organisation (APPO) for the creation of a multi-billion dollar energy bank.
This is aimed at scaling up private sector investment in African oil and gas projects, the bank will provide critical financing for new and existing oil and gas projects, as well as energy developments across the entire value chain.

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