The AfDB Board approved a $2.4 billion infrastructure financing package in support of Trans-Saharan corridor preliminary works — the Bank's largest single energy infrastructure commitment to date.
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All Insights →Dangote is helping fund a $660 million petroleum-products pipeline linking Djibouti and landlocked Ethiopia. The 120-km corridor will connect Damerjog with Dewele and add more than one million cubic metres of storage, marking another step in Dangote's expanding strategy to build Africa-wide refining, storage and fuel-distribution infrastructure.
EACOP has reached 92.7% completion as Uganda moves closer to first oil, but the pipeline’s significance is expanding beyond crude transportation. With Pearl Sweet preparing for export, Vitol entering the marketing picture and a proposed $20 billion Tanga Energy Hub taking shape, East Africa is building an energy corridor around the pipeline.
Pipeline installation has begun for TotalEnergies’ Mozambique LNG project, marking a major construction milestone as the $20 billion development targets first LNG production in 2029.
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