$5 billion in initial capital: Africa Energy Bank created to fund continent’s oil and gas industry

Tarek El Molla, Egypt's minister of petroleum, looks on as Benedict Oramah, chairman of Afreximbank (left) exchanges establishment agreement documents for the Africa Energy Bank with Omar Farouk Ibrahim, secretary general of APPO.

Afreximbank and APPO sign establishment documents and charter in Cairo

Tarek El Molla, Egypt’s minister of petroleum, looks on as Benedict Oramah, chairman of Afreximbank (left) exchanges establishment agreement documents for the Africa Energy Bank with Omar Farouk Ibrahim, secretary general of APPO.Photo: EGYPT MINISTRY OF PETROLEUM

Source link : https://www.upstreamonline.com/finance/-5-billion-in-initial-capital-africa-energy-bank-created-to-fund-continents-oil-and-gas-industry/2-1-1655350

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Publish date : 2024-06-04 07:00:00

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