About $16 billion is being invested in oil and gas projects across Africa by the African Export Import Bank (Afreximbank) and the African Finance Corporation (AFC).

This was disclosed recently at the ongoing African Refiners and Distribution Association (ARDA) conference in Cape Town, South Africa.

For more information, please see https://guardian.ng/business-services/business/two-african-banks-stake-16-billion-in-oil-gas-projects/