Develop Own Market For Oil, Gas, APPO Charges African Countries

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As the global push for energy transition away from fossil fuels gather momentum, the African Petroleum Organization (APPO) has re-emphasised the need for the

“We want to banish the mindset that our people are too poor to buy energy. So we have to look for those with the purchasing power to buy our energy.

He said: “For those who have in the last 75 years or so provided the finance and technology in the market will dump us as soon as they can find alternatives. And they are working hard to find those alternatives. Continuing, he said: “The final challenge is that Africa has not been able to develop market for its resources as it is always relying on foreign market. These challenges have been the focus of APPO in the last three years.

“Very soon a decision will be taken on where to locate the headquarters of the bank and set a date for its take off.

 

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