Africa
Afreximbank, the 'oil companies' bank', refuses to give up on black gold

Afreximbank president and chairman, Benedict Okey Oramah.
Afreximbank president and chairman, Benedict Okey Oramah. © Jennifer Graylock/Sipa USA/Reuters
Afreximbank is being pressured by its Western partners to move away from financing fossil fuel projects. The pan-African lender is nevertheless working on the creation of a new bank entirely dedicated to the sector, even if the plan faces many obstacles. [...]
Published on 22.03.2023 at 04:40 GMT Reading time 2 minutes

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