News

Not thousands of headlines. The few lines that move price. For traders: straight from the source, clear and simple.

Full stories are at the original source.

CommodityOilPrice.com

Africa Launches Its Own Oil Bank as Western Lenders Retreat

Africa now has a bank built to finance the oil and gas projects Western banks and development lenders have dropped under their climate commitments. Afreximbank and the African Petroleum Producers’ Organization (APPO) formally established the Africa Energy Bank (AEB) at its inaugural general meeting in Abuja on October 31. That was more than four years after the two institutions began work on it…

News text belongs to its source; only the headline and a short summary appear here.