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Sierra Leone and Partners Sign Landmark Agreement to Build West Africa’s First U.S. LNG Terminal

Luanda, Angola — 25 June 2025 On the sidelines of the U.S.–Africa Business Summit in Luanda, Sierra Leone’s government, alongside CEC Africa (Sierra Leone) Ltd. (CECASL) and the sponsors of the 108 MW Nant Power Project, signed a transformative Memorandum of Understanding (MoU). This partnership is set to develop West Africa’s first U.S.-sourced LNG terminal, strengthening […]

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Afreximbank launches US$3 Billion Revolving Intra-African Oil Import Financing Programme

In a move to reduce Africa’s reliance on imported refined petroleum products, which cost the continent an estimated US$30 billion annually due to insufficient refining capacity, the African Export-Import Bank (Afreximbank) has launched a US$3 Billion Revolving Intra-African Oil Trade Financing Programme. This initiative will finance the purchase of refined petroleum products by African and […]

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