OilPrice
The oil-producing nations in Africa have raised 45% of the initial $5-billion seed capital for the planned Africa Energy Bank (AEB), which is set to fund oil projects on the continent amid a crunch in financing on the international markets. The early financial supporters of the Africa Energy Bank include major oil producers Nigeria…
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Africa’s Oil Nations Make Progress in Creating $5-Billion Energy Bank
Rebecka Catt
22:28
The oil-producing nations in Africa have raised 45% of the initial $5-billion seed capital for the planned Africa Energy Bank (AEB), which is set to fund oil projects on the continent amid a crunch in financing on the international markets. The early financial supporters of the Africa Energy Bank include major oil producers Nigeria…
