Search

Nigeria Selected as Headquarters for Africa Energy Bank

Allen dreyfus Logo
© Allen Dreyfus
  • New finance institution to boost oil and gas exploration in Africa
  • Bank aims to address funding gaps amid global shift to renewables

 

Abuja, Nigeria – Nigeria has been chosen as the headquarters of the Africa Energy Bank, a newly established development finance institution aimed at funding oil and gas exploration efforts across the continent.

Recent Business

A lorry park in Rwanda. Photo by Andreas @ Pixabay
Rwanda’s economy surges nearly 12% as construction and services power growth
Read More »
A view of Nairobi, Kenya. Photo @ Pixabay
African Development Fund secures record $11bn as donors back investment-led Africa
Read More »
Fishermen at shore in Ghana. Photo by Herbert Bieser @ Pixabay
IMF approves $385mn Ghana payout as reforms stabilise economy
Read More »

Recent Politics

Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin court backs constitutional overhaul, extending terms after coup scare
Read More »
African military exercise. Photo by Alexander McKinley @ Unsplash
Can a US-brokered deal finally end the DRC - Rwanda conflict?
Read More »
Patrice Talon, President of Benin Photo @Patrice Talon/Facebook
Benin coup attempt foiled as ECOWAS warns of regional force deployment
Read More »

Latest Posts

Latest news insights