Fund for Export Development in Africa backs LNG distribution platform

Fund for Export Development in Africa (FEDA), a development impact-oriented subsidiary of African Export-Import Bank (Afreximbank), has invested into Ecow-Gas, a liquefied natural gas (LNG) distribution infrastructure platform in the West Africa region.

Due to limited power supply from the grid, the industrial sector in Africa suffers severe energy shortages with attendant high production costs, inneficient operations and reduced global competitiveness, amongst others. Off-grid solutio...

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