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Fossil Fuel Projects

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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. Specifically, it said that it would no longer grant loans for projects involving crude oil, natural gas, and coal as of January 1, 2022 (with a scant few exceptions for […]

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