PTI Urges Early Inauguration of Africa Energy Bank for Energy Financing in Africa
The Petroleum Training Institute (PTI) advocates for the early inauguration of the Africa Energy Bank (AEB) to improve energy financing and accelerate sustainable growth in Africa. Dr. Samuel Onoji, the Principal Chief Executive of PTI, emphasized the importance of enhancing energy access to promote economic growth and reduce energy poverty.
The AEB, headquartered in Abuja, aims to provide low-interest rate funds for oil and gas projects in African countries. PTI, established by the Nigerian federal government in 1972, plays a crucial role in training professionals for the oil and gas industry and maintaining partnerships with various countries and organizations.
Plus234Feed summary based on reporting from Politics Nigeria. Read the original report below.
Read full article
Continue on Politics Nigeria
Get the week in one email
Top stories, NPFL results, the naira — every Friday morning. Free, one email a week.
Related Stories
Experts Call for Bankable Projects to Transform Africa's Infrastructure Landscape
African Financiers Pledge $100B for Green Growth, Nigeria Eyes Renewable Energy Revolution
Transcorp President Urges Urgent Scale-Up of Africa's Energy Supply at FII9
Europe Commits $600B Investment in African Clean Energy
Toni Elumelu Advocates for AI's Role in Africa's Transformation at IMF, World Bank Meetings
Africa Trails in Clean Energy Investment Despite Global Surge
Get Plus234Feed on messaging apps
Same headlines, delivered where you already scroll.
