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Africa launches $5 billion Energy bank at MSGBC 2025 as continent moves to fund its own Oil, Gas and power the future...
12 Dec, 2025 09:16 71 min read
The $5 billion African Energy Bank was officially launched at the MSGBC 2025 conference, marking a strategic move by African institutions to finance the continent's energy development independently. The bank aims to bridge a massive funding gap, supporting oil, gas, and renewable projects to tackle energy poverty and drive industrialization, reducing reliance on external lenders whose priorities often exclude conventional energy. This initiative underscores a broader shift toward African financial sovereignty and a balanced, pragmatic energy transition... More