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Africa Energy Bank Aims to Tackle Power Shortage Amid Climate Concerns

A group of African countries plans to create the Africa Energy Bank (AEB) to finance oil and gas projects, countering reduced fossil fuel investments from Western institutions. Led by the African Petroleum Producers Organization (APPO) and Afreximbank, the initiative seeks to bolster Africa’s industrial growth by expanding energy access. However, environmentalists argue that fossil fuels… Read More »Africa Energy Bank Aims to Tackle Power Shortage Amid Climate Concerns The post Africa Energy Bank Aims to Tackle Power Shortage Amid Climate Concerns first appeared on iAfrica.


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