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Launch of Africa Energy Bank delayed again
Original: Launch of Africa Energy Bank delayed again in blow to oil and gas hopes
The Africa Energy Bank, a planned institution intended to finance oil and gas projects across the continent, has seen its launch postponed once more. The setback disappoints supporters who hoped the bank would back fossil fuel development in Africa, and it again raises questions about the timeline and readiness of the project.
Why now: Supporters of African oil and gas financing are closely watching the bank's repeated delays and what they mean for the continent's energy plans.
Evidence
- Launch of Africa Energy Bank delayed again in blow to oil and gas hopes · Climate Home News
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