The African Energy Bank has raised 50 per cent of the total investment to kick off its operations. Executive Secretary of the African Petroleum Producers’ Organisation (APPO), promoter of the bank, Dr. Omar Farouk Ibrahim, who declared this in a remark at the Practical Nigerian Content (PNC) forum in Yenagoa, Bayelsa State on Tuesday, expressed optimism that the bank would begin operations before the end of the first quarter in 2025. Platforms Africa reports that the bank has an investment potfolio of $5 billion. Speaking on the challenges that led…
Read More$5bn Africa Energy Bank Secures 50% Initial Investment, Gets March 2025 Kick-Off Date
