The African Export Import Bank (Afreximbank) and the African Finance Corporation are investing roughly $16 billion in oil and gas projects throughout Africa (AFC).

The African Refiners and Distributors Association (ARDA) convention, which is now taking place in Cape Town, South Africa, made this information public yesterday. This occurs as conference participants urged Africans to keep money on the continent in order to support the roughly $190 billion in annual energy investments required on the continent....

https://www.thenews-chronicle.com/two-african-banks-have-invested-16-billion-in-oil-and-gas-projects/?utm_source=ReviveOldPost&utm_medium=social&utm_campaign=ReviveOldPost