OPINION/EDITORIAL

What happens to the African Energy Industry if Western Lenders cut off Loans for Fossil Fuel Projects?

A little more than a year ago, in November 2019, the European Investment Bank (EIB) declared its intention to phase out funding for fossil fuels January 1, 2021/AEC By NJ Ayuk, Executive Chairman, African Energy Chamber (http://EnergyChamber.org) A little more than a year ago, in November 2019, the European Investment […]

Nigeria Economic Outlook 2021: A shot at recovery

Executive Summary Global Economy: A shot at recovery 2020 was an unprecedented year, no thanks to the coronavirus outbreak, as the global economy was suspended in Q2 and most of Q3-2020 to safeguard human health. Oil prices plummeted to levels never seen before, airlines were grounded, hotels shut down, and […]

What the U.S. Political Transition Might Mean for Africa Generally and Its Oil and Gas Sector in Particular

December 30, 2020/AEC By Jude Kearney, Chairman of the US/Africa Committee of the Africa Energy Chamber 2021 could be the beginning of a much needed reset for US relations with Africa and its various countries and regions. To date, most African governments have responded positively to the results of the […]