Africa Energy Bank Gains Momentum with Capital Contributions from Nigeria, Angola and Ghana
Oil and Gas
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Africa Energy Bank Gains Momentum with Capital Contributions from Nigeria, Angola and Ghana

April 2, 2025
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In a significant development for Africa’s energy sector, Nigeria, Angola and Ghana have fulfilled their capital commitments toward establishing the Africa Energy Bank (AEB). This milestone represents 44% of the minimum required funding from African Petroleum Producers Organization (APPO) members to initiate the bank’s operations. Dr. Omar Farouk Ibrahim, Secretary

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