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Africa
Africa Energy Bank looks as far as Caracas for new HQ

The APPO intends to launch an aid programme for oil producing countries in Africa, and Venezuela is on the list of potential host countries for the bank's headquarters. [...]

Published on 01/04/2024 at 05:40 GMT

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Finance, Energy

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Afreximbank
Africa Energy Bank
African Petroleum Producers' Organization
Nigerian National Petroleum Corp
Omar Farouk Ibrahim
OPEC

Spotlight | West Africa
Africa Energy Bank hampered at the starting blocks

African governments have been slow in releasing the funds promised for the future African hydrocarbon bank. The project, led by Nigeria's Omar Farouk Ibrahim, is scheduled to launch in the first quarter of 2025, but only a portion of the financing it needs has been raised.

Subscribers only Energy 19.11.2024

Omar Farouk Ibrahim, Secretary General of the African Petroleum Producers' Organization, in Cairo, on 14 February 2022.

Nigeria
Africa Energy Bank calls on services of consultancy firms PwC and BrandComms

The secretary general of the African Petroleum Producers' Organization has hired several companies to help with the new pan-African bank, including PwC, which is working on a future strategy.

Subscribers only Finance, Energy 11.11.2024

Ghana
Accra to host next national oil company CEO forum

The seventh edition of the APPO forum will take place in the Ghanaian capital next August.

Subscribers only Energy 27.09.2024

Nigeria
Afreximbank struggles to get Project Gazelle backers

Criticism of the $3.3bn loan to Nigeria's state oil company has had a chilling effect on potential investors, with only Chinese and Russian financing bids remaining.

Subscribers only Energy 06.02.2024

Nigeria
TotalEnergies boss Pouyanné in Abuja to ease fears over Egina offshore field

The French oil major's flagship project has been beset by a series of setbacks in recent months, and its CEO travelled this week to Abuja to try to reassure the authorities there.

Free access Energy 21.12.2023

The CEO of TotalEnergies, Patrick Pouyanné.

In Focus | Africa
From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive

Dubai-based Coral Energy has recently made an aggressive entrance on the oil trading market in several sub-Saharan African countries where competitors suspect it of reselling Russian products. Africa Intelligence lifts the veil on this little-known trader.

Subscribers only Energy 20.11.2023

From left to right: Coral's founder, Azerbaijani Tahir Garayev, his compatriot Ahmed Karimov and the head of the Rosneft group, Igor Setchine.

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

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.

Subscribers only Finance, Energy 22.03.2023

Afreximbank president and chairman, Benedict Okey Oramah.

Spotlight | Nigeria
Crude oil theft: who are the tycoons at the heart of the investigation?

A handful of Nigerian businessmen are suspected of stealing crude oil shipments in the Niger Delta region. The NNPC has put Government Ekpemupolo, aka "Tompolo", in charge of investigating a phenomenon that is reaching record levels.

Subscribers only Energy 20.12.2022

A member of NNS Pathfinder of the Nigerian Navy forces in the Niger Delta region near the city of Warri, 19 April 2017.

Africa
Three more countries join continent's club of oil states

Senegal, Ghana and Namibia became full members of the African Petroleum Producers' Organization (APPO) during a 4 November ministerial meeting in Luanda overseen by secretary general Omar Farouk Ibrahim, whose mandate was renewed for three years

Subscribers only Energy 14.11.2022

Morocco, Nigeria
OPEC secretary-general Barkindo gives Nigeria-Morocco gas pipeline unexpected boost

OPEC secretary-general Mohammed Barkindo has played a decisive role in the pipeline project, which could provide a gas supply link from the Niger delta to Europe. The project has been under consideration since 2016 and, although by no means sure to be seen through, is to get OPEC financial support.

Subscribers only Energy 09.05.2022

OPEC Secretary General Mohammad Barkindo attends a session during Egypt's 5th Petroleum Show

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Afreximbank
Africa Energy Bank
African Petroleum Producers' Organization
Nigerian National Petroleum Corp
Omar Farouk Ibrahim
OPEC

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Ivory Coast
French investigation sends tremors through Abidjan's political class

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Africa
Africa Energy Bank looks as far as Caracas for new HQ

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Set up email notifications for these topics

Spotlight | West Africa
Africa Energy Bank hampered at the starting blocks

Nigeria
Africa Energy Bank calls on services of consultancy firms PwC and BrandComms

Ghana
Accra to host next national oil company CEO forum

Nigeria
Afreximbank struggles to get Project Gazelle backers

Nigeria
TotalEnergies boss Pouyanné in Abuja to ease fears over Egina offshore field

In Focus | Africa
From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive

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

Spotlight | Nigeria
Crude oil theft: who are the tycoons at the heart of the investigation?

Africa
Three more countries join continent's club of oil states

Morocco, Nigeria
OPEC secretary-general Barkindo gives Nigeria-Morocco gas pipeline unexpected boost

Set up email notifications for these topics

About Africa Intelligence

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Africa Intelligence on social media

Indigo Publications' websites

About Africa Intelligence

Subscription

Indigo Publications' websites

Ivory Coast French investigation sends tremors through Abidjan's political class

Libya From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Makhzen Inc. or the ever more prosperous business empire of Mohammed VI's entourage

Kinshasa's pan-African plans for Grand Inga

Cabo Delgado: a gas Eldorado and security nightmare

Africa Africa Energy Bank looks as far as Caracas for new HQ

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Set up email notifications for these topics

Spotlight | West Africa Africa Energy Bank hampered at the starting blocks

Nigeria Africa Energy Bank calls on services of consultancy firms PwC and BrandComms

Ghana Accra to host next national oil company CEO forum

Nigeria Afreximbank struggles to get Project Gazelle backers

Nigeria TotalEnergies boss Pouyanné in Abuja to ease fears over Egina offshore field

In Focus | Africa From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive

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

Spotlight | Nigeria Crude oil theft: who are the tycoons at the heart of the investigation?

Africa Three more countries join continent's club of oil states

Morocco, Nigeria OPEC secretary-general Barkindo gives Nigeria-Morocco gas pipeline unexpected boost

Set up email notifications for these topics

About Africa Intelligence

Subscription

Africa Intelligence on social media

Indigo Publications' websites

Ivory Coast
French investigation sends tremors through Abidjan's political class

Libya
From Tripoli to Benghazi, Turkish trader BGN's oil odyssey

Africa
Africa Energy Bank looks as far as Caracas for new HQ

Spotlight | West Africa
Africa Energy Bank hampered at the starting blocks

Nigeria
Africa Energy Bank calls on services of consultancy firms PwC and BrandComms

Ghana
Accra to host next national oil company CEO forum

Nigeria
Afreximbank struggles to get Project Gazelle backers

Nigeria
TotalEnergies boss Pouyanné in Abuja to ease fears over Egina offshore field

In Focus | Africa
From Dubai to Cape Town, upstart trader Coral Energy rolls out African offensive

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

Spotlight | Nigeria
Crude oil theft: who are the tycoons at the heart of the investigation?

Africa
Three more countries join continent's club of oil states

Morocco, Nigeria
OPEC secretary-general Barkindo gives Nigeria-Morocco gas pipeline unexpected boost