Energy: Nigeria Among Largest Beneficiaries of Afreximbank’s $30BN

The African Export-Import Bank (Afreximbank) has said that Nigeria is among the largest beneficiaries accounting for about 60 per cent of its $30 billion funding of the energy sector in Africa. The bank further attributes its ability to contribute modestly to the oil and gas sector to its predominance of African ownership and control. Prof.

Benedict Oramah, the President of the African Export-Import Bank, expressed these thoughts at the 7th Nigeria International Energy Summit (NIES 2024) in Abuja on Wednesday.

Read more at Newtelegraphng

Leave a Reply

Your email address will not be published. Required fields are marked *