UGANDA/ TANZANIA: EACOP Announces the Closing of the First Financing Tranche for the East African Crude Oil Pipeline Project

EACOP Ltd., the company in charge of the construction and future operation of the East African Crude Oil Pipeline project from Kabaale in Uganda to Tanga in Tanzania, is pleased … Read More

NIGERIA: Afreximbank Facilitates US$650M Financing for Oando’s Acquisition of Nigerian Agip Oil Company Limited’s (NAOC’s) 20% Interest

African Export-Import Bank (Afreximbank) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to … Read More

The Africa Petroleum Producers’ Organisation, Afreximbank Sign the Establishment Agreement of the Africa Energy Bank, Declaring it Open for Signature by Prospective Member States

African Export-Import Bank (Afreximbank) and the Africa Petroleum Producers’ Organisation (APPO) have announced the historic signing of the Establishment Agreement and the Charter of the Africa Energy Bank (AEB) at … Read More

Africa Investment Forum showcases $1.475B in Green & Renewable Energy Deals at African Development Bank 2023 Annual Meetings

The Africa Investment Forum presented four renewable energy and sustainability projects worth nearly $1.5 billion to investors on the sidelines of the African Development Bank Group’s (www.AfDB.org) 2023 Annual Meetings. The … Read More

Member Countries Asssured of the Protection of their Interest in the Africa Energy Bank – APPO

APPO’s Secretary General (SG), H.E. Dr Omar Farouk Ibrahim, has assured Member Countries of the protection of their interest in the Africa Energy Bank. Delivering a goodwill message at the … Read More

Afreximbank, APPO MoU Creates Africa Energy Bank to Finance Africa’s Oil and Gas Projects

Pan-African multilateral trade finance institution, the African Export-Import Bank (Afreximbank), has signed a Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO) for the creation of a multi-billion-dollar … Read More

Regional Leaders Gather at South Sudan Oil & Power 2021

As South Sudan celebrates a decade of independence, the country welcomes regional leaders and industry executives to the fourth edition of South Sudan Oil & Power (SSOP) 2021. The SSOP … Read More