Africa Business Finance Headlines International

APPO set to launch first bank by June 2024

The African Petroleum Producers’ Organization (APPO) is planning to get its first bank by June 2024 in a move to secure funding for the development of regional energy infrastructure. The organization unveiled the plan during a November 2 meeting in Benin. The bank named as African Energy Bank (AEB) would be launched no later than […]

Africa Energy Headlines International

Oil and Gas: African countries to raise $2 billion for energy projects

Nigerian Minister of State for Petroleum Resources Ibe Kachikwu on Monday disclosed that Nigeria will mobilize other oil and gas producers in Africa on the platform of the African Petroleum Producers Organization to raise up to $2 billion to finance energy projects across the continent. According to Kachikwu, member countries of APPO were already looking […]