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المشهد العربي
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المشهد العربي

2026-11-08T07:04:04.000Z

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African Energy Bank Soon

African Energy Bank Soon

The African Petroleum Producers’ Organization is preparing to launch the “African Energy Bank” in the coming weeks, in partnership with the African Export-Import Bank (Afreximbank), to finance oil and gas projects, particularly cross-border regional projects. The bank will begin with capital of at least $500 million, with plans to increase it to $5 billion and raise additional funds from capital markets.

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