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EGYPT : Afreximbank and Uganda Development Bank sign project preparation financing agreement

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LIBREVILLE, August 12 (Infosplusgabon)-African Export-Import Bank (Afreximbank) and the Uganda Development Bank (UDB) have signed a Joint Project Preparation Facility Framework Agreement to provide early project preparatory financing and technical support services to public and private sector entities. This is aimed at boosting Uganda’s industrialization and export development activities.

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Afreximbank to double intra-African trade financing to $40 billion by 2026

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LIBREVILLE, August 12 (Infosplusgabon) - African Export-Import Bank (Afreximbank)plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, has said.

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Afreximbank to double intra-African trade financing to $40 billion by 2026

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LIBREVILLE, August 12 (Infosplusgabon) - African Export-Import Bank (Afreximbank)plans to double its financing of intra-African trade from US$20 billion in 2021 to US$40 billion by 2026, Mr. Haytham ElMaayergi, Afreximbank’s Executive Vice President, Global Trade Bank, has said.

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Angola Oil & Gas (AOG) 2024 to Foster Collaboration as Angola Strengthens Global Tie

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LIBREVILLE, August 9 (Infosplusgabon) - Angola's oil and gas market presents compelling investment opportunities, enhanced by the 2025 Limited Tender offering ten exploration blocks in the Kwanza and Benguela basins. As sub-Saharan Africa's second-largest oil producer and a seasoned LNG exporter, Angola is poised to boost production and contribute to global energy security through new international partnerships.

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South Africa : EnerGeo Alliance Partners with African Energy Week (AEW) 2024 to Push for Major Investments in Africa’s Natural Gas Sector

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LIBREVILLE, August 12 (Infosplusgabon) - In its latest policy brief, global trade association EnerGeo Alliance calls for further upstream investment in South Africa’s energy sector. The brief emphasizes the need for advanced seismic surveys and data generation to identify reserves and reduce exploration risks. It highlights the potential of South Africa’s Brulpadda-Luiperd fields, offshore prospects in the Orange Basin, and onshore shale gas in the Karoo Basin as game changers for the country's energy landscape. Additionally, the company notes that significant investment is required to fully develop South Africa’s midstream and downstream sectors to enhance gas availability and reliability.

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