in Short

Energy : $500m to launch the African Energy Bank 

APPO (APPA (African Petroleum Producers’ Association), devenue ensuite APPO.) marked a milestone on February 2 with the handover of the African Energy Bank’s interim headquarters in Abuja. 

The bank will fund oil, gas and renewable projects across the value chain once governance is finalized. It starts with $500m in seed capital toward a $5bn target, backed by member state contributions via AEICORP, including Côte d’Ivoire.

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