A long-planned bank to fund oil and gas projects in Africa must balance profit with climate considerations, experts say.

Africa's energy sector presents significant opportunities for investment and growth through targeted infrastructure ...

The long-planned Africa Energy Bank will start operations this quarter with $5 billion in equity from member nations and ...

At night, when the world lights up, large swathes of Africa remain cloaked in darkness—a stark reminder of the continent’s lack of reliable access to electricity. This access is one of the key ...

LIZ HART As Africa's energy demand continues to grow and the world moves toward decarbonisation, the Africa Energy Indaba will remain a cornerstone in shaping the continent's energy future With a ...

South Africa’s energy sector is entering a new phase of reform, with President Cyril Ramaphosa positioning the recently ...

The Africa Energy Bank (AEB) which will fund oil and gas projects and support the continent's energy transition goals will launch in the first quarter of 2025 and target an asset base of $120 billion, ...

During the meeting, Lokpobiri reiterated Nigeria’s strong support for the AEB and its pivotal role in unlocking Africa’s energy potential. “Nigeria, as a leading oil and gas producer ...

The much-awaited Africa Energy Bank will commence operations in March 2025, the Minister of State for Petroleum Resources (Oil), Heineken Lokpobiri, has reiterated. Lokpobiri stated this yesterday ...

ABUJA – Afreximbank is set to transfer its full equity investment of $1.25 billion into the newly established $5 billion Africa Energy Bank (AEB), due to become operational before the end of next ...