APPO Prioritizes Financing Models, Trade Ties to Support O&G Projects
)
The African Petroleum Producers Organization (APPO) believes that to address energy poverty and bolster industrialization, hydrocarbon-rich countries across the continent should increase production while prioritizing regional trade and integration.
Speaking with Energy Capital & Power at the Libya Energy & Economic Summit 2025, APPO Secretary General Dr. Omar Farouk Ibrahim outlined these measures while making a strong case for enhanced output across producing nations.
According to Dr. Ibrahim, increasing production “is something that we encourage for our member countries, because the more we produce, the more influence we will have and the better our countries will be in terms of getting the necessary energy for their people and revenue to run their activities of government. So, it is important for all APPO member countries to increase their production so that we have a stronger voice in the global energy sector.”
With overarching challenges such as access to finance, technology and regional markets impacting oil and gas developments in Africa, APPO is implementing a series of measures aimed at supporting African hydrocarbon projects. These include the creation of the Africa Energy Bank, an institution set to provide capital for oil, gas and energy projects across the continent.
Watch the full interview below:
https://www.youtube.com/watch?v=9mBN9c6P81Q&t=2s