Tag: APPO

Afreximbank, APPO Mull African Energy Bank Establishment

ADEOLA YUSUF

The African Export Bank (Afreximbank) and the African Petroleum Producers Organisation (APPO) have committed to the establishment of an African energy bank. The two African institutions have resolved to work together to find an Africa-led solution to the challenge posed to the African oil and gas industry and an orderly energy transition in Africa by the withdrawal of funding by its traditional financiers. READ ALSO: EXCLUSIVE: Buhari Declines Ministerial Consent For ExxonMobil $1.6bn Assets’ Sale To Seplat Oil Theft: Fact And Figures Of A National Emergency, By Adeola Yusuf Corporate…

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African oil producers move Secretariat away from Nigeria to Congo

ADEOLA YUSUF

The Ministerial Council of African Petroleum Producers’ Organization, APPO, has moved the group’s Headquarters from Abuja, Nigeria, to the permanent Headquarters in Brazzaville, Republic of Congo. The Ministerial Council, said in a statement signed by Eng. Bakary TRAORE from APPO Secretariat, and made available to Platforms Africa, that it approved the recommendation to move the temporary Headquarters at its 38th Session concluded on Monday 15th June 2020 where the far reaching decisions on the future of the Organization were taken. “It also approved the new Host Country Agreement between the…

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