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NAMIBIA: 88 Energy Secures 12-month Extension for PEL 93 to Commence the Airborne Gravity Survey

CAMEROON: Ades Holding Announces Contract Award with Addax Petroleum

SAO TOME & PRINCIPE: Shearwater awarded 3D contract by TotalEnergies

GABON: Minister of Oil Embarks on an Aggressive Investment Campaign in Deepwater Exploration Opportunities.

ZIMBABWE: Invictus Receives Updated Draft of the Amalgamated Petroleum Production Sharing Agreement (PPSA)

EGYPT: Ades Holding Loses Rig in Towing Incident Involving Barge Unit

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EGYPT: EGPC Awards Seven New Exploration and Production Blocks

FLNG Gimi reaches Commercial Operations Date and Golar progresses FLNG growth

NIGERIA: Green Energy International Exports First Crude from New Onshore Terminal

Tuesday, July 08, 2025

Tag: EIP

What happens to the African Energy Industry if Western Lenders cut off Loans for Fossil Fuel Projects?
Countries Top News

What happens to the African Energy Industry if Western Lenders cut off Loans for Fossil Fuel Projects?

kamau January 4, 2021

By NJ Ayuk A little more than a year ago, in November 2019, the European Investment Bank (EIB) declared its intention to phase out funding for fossil fuels. Specifically, it said … Read More

AfDBAfricaAfrican Development Bank GroupAlgeriaCameroonClimate changeCoalCrude OilEIPEquatorial GuineaEuropean Investment BankfinancingGhanaGHGMozambiqueNatural gasNigeriaoil and gasSenegalSouth AfricaTanzania Comment on What happens to the African Energy Industry if Western Lenders cut off Loans for Fossil Fuel Projects?

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