Afreximbank launches US$3 Billion Revolving Intra-African Oil Import Financing Programme

To address Africa’s persistent reliance on imported refined petroleum products, which accounted for an amount of US$30billion annually in petroleum import costs due to inadequate refining, African Export-Import Bank (Afreximbank) … Read More

NIGERIA: Content Intervention Fund exceeds $500m-Wabote

The Nigerian Content Intervention (NCI) Fund has exceeded half a billion dollars, the Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has said. … Read More

Time for an African Funded Energy Bank to Finance Exploration & Development

By NJ Ayuk, Executive Chairman, African Energy Chamber For more than a year, the African Energy Chamber has been pushing back against steadily building pressure to halt new foreign investments … Read More

Africa Local Content Fund to catalyze Research & Development and drive Local Content Initiative – NCDMB

Poised to take full advantage of emerging opportunities in local content administration, key stakeholders and policy leaders in Africa’s Oil and Gas, and other related sectors, yesterday met in Yenagoa, … Read More

The Launch of Team Energy Should be a Rallying Call for Africa’s Private Sector

The African Energy Chamber participated earlier today in the launch of Team Energy, an initiative of the UN Economic Commission for Africa (ECA) to create an informal grouping of African clean … Read More