Africa: After 2-Year Delay, $5bn Africa Energy Bank Kicks Off
African Export-Import Bank (Afreximbank) and the African Petroleum Producers’ Organisation (APPO) have established the pioneer Africa Energy Bank (AEB) in Abuja, Nigeria. The announcement was made during the AEB’s inaugural general meeting held in Abuja over the weekend. According to Afreximbank in a statement, “The creation of the Africa Energy Bank reaffirms African governments’ determination…