The African Export-Import Bank (Afreximbank) and Africa Energy Investment Corporation (AEICORP) signed a cooperation agreement to enhance the energy sector.

Under the auspices of the Ministry of Petroleum and Mineral Resources, Africa Energy Investment Corporation (AEICORP) and the African Export Development Bank succeeded in reaching a preliminary agreement to increase petroleum investments in Africa.

The African Petroleum Producers Organization (APPO) will establish a task force to strengthen the cooperation between APPO’s member states and promote the African petroleum industry with its available potential and expertise. The decision was made upon the Miniter of Petroleum and Mineral Resources Tarek El Molla's suggestion to establish the said task force.