NJ Ayuk

African energy and fossil fuel projects

African energy and 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. By NJ Ayuk Specifically, it said that it would no longer grant loans for projects involving crude oil,...

Africa’s energy bounce back post COVID-19

The double crisis of the COVID-19 pandemic and the collapse in oil prices is taking a toll on African economies and the African energy industry. A bounce back from this historic crisis will require strict and bold government action. An unstable and...