The African Energy Chamber (AEC) and the African Export-Import Bank (Afreximbank) on Tuesday signed a Memorandum of Understanding (MoU) to enhance private sector investments across Africa’s oil and gas industry. The pact was sealed by the Executive Chairman of the AEC, NJ Ayuk, and President of Afreximbank, Prof. Benedict Oramah, during the first day of […]
African Export-Import Bank (Afreximbank), one of Africa’s multilateral finance institution, has advocated the need for increase in intra-African trade and financing based on the continent’s abundant youth and technology resources. The President/Chairman of the Board of Directors of the bank, Prof. Benedict Oramah, gave this charge to African governments in his opening remarks during the […]
Key stakeholders in Africa’s energy sector have canvassed the need for improved investments by governments and the organized private sector (OPS) in order to explore to the fullest the socio-economic opportunities in the sector for sustainable development in the various countries. The stakeholders advocated the option following discussions on the investment in Africa’s energy sector […]
To address the current challenges constraining optimal output from Africa’s oil-producing countries and ensure sustainable growth of the hydrocarbon resources industry, an industry expert, Mr. Kola Karim, has charged banks in the continent to commit more funds to critical value chains in the sector. Karim, who gave the charge during an interview with African Energy […]