Afreximbank partners with AEICorp to support the development of Africa’s energy sector

EGYPT – African Export-Import Bank (Afreximbank), the pan-African multilateral EXIM bank, has signed a framework agreement with the African Energy Investment Corporation (AEICorp), an affiliated entity of the African Petroleum Producers’ Organization (APPO) that was established to support the development of Africa’s hydrocarbon and energy sectors. The Framework Agreement will enable the development of a solid plan with the aim of pushing investment across Africa in the energy and mining sectors; nevertheless, Afreximbank has taken upfront moves to create an alliance of banks to boost this promising plan. This alliance…

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