APPO

DGAP-News: African Energy Week: Afreximbank President Benedict Oramah will Receive African Energy Person of the Year Award

Retrieved on: 
Wednesday, July 6, 2022

JOHANNESBURG, South Africa, July 5, 2022/APO Group/ -African Export-Import Bank (Afreximbank) President Benedict Okey Oramah will receive the African Energy Chambers inaugural African Energy Person of the Year during African Energy Week ( www.AECWeek.com ) 2022 in Cape Town in October.

Key Points: 
  • JOHANNESBURG, South Africa, July 5, 2022/APO Group/ -African Export-Import Bank (Afreximbank) President Benedict Okey Oramah will receive the African Energy Chambers inaugural African Energy Person of the Year during African Energy Week ( www.AECWeek.com ) 2022 in Cape Town in October.
  • Dr Oramah, an outstanding advocate for the continent and for a just African energy transition, is a natural choice for this award.
  • Oramah, who holds a doctorate degree in agricultural economics, has been president and chairman of the board of directors of Afreximbank since 2015.
  • The African Energy Chamber is proud to recognize Dr. Oramah, a champion for Africa and a role model for Africans.

DGAP-News: African Energy Chamber: Afreximbank, African Petroleum Producers Organization (APPO) Sign MoU for the Creation of a Multi-Billion-Dollar Energy Bank

Retrieved on: 
Tuesday, May 17, 2022

JOHANNESBURG, South Africa, May 17, 2022/APO Group/ -- Pan-African multilateral trade finance institution, the African Export-Import Bank (Afreximbank), has signed a Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO) for the creation of a multi-billion-dollar energy bank. Aimed at scaling up private sector investment in African oil and gas projects, the bank will provide critical financing for new and existing oil and gas projects, as well as energy developments across the entire value chain. Following international oil company divestment and the shift in global investment trends, the bank comes at a particularly critical time for Africa’s energy sector.
The MoU was signed by Mr. Rene Awambeng, Director & Global Head, Client Relations, Afreximbank, and Dr Omar Farouk, Secretary General of APPO, in the presence of H.E. João Lourenço, President of the Republic of Angola, APPO Ministers and African Energy Chamber (AEC) Executive Chairman NJ Ayuk.

Key Points: 
  • JOHANNESBURG, South Africa, May 17, 2022/APO Group/ -- Pan-African multilateral trade finance institution, the African Export-Import Bank (Afreximbank), has signed a Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO) for the creation of a multi-billion-dollar energy bank.
  • Following international oil company divestment and the shift in global investment trends, the bank comes at a particularly critical time for Africas energy sector.
  • Joo Loureno, President of the Republic of Angola, APPO Ministers and African Energy Chamber (AEC) Executive Chairman NJ Ayuk.
  • The bank will be critical for Africas energy sector, serving as a catalyst not a substitute for private investment in African energy.