The growth of the oil and gas sector will have a significant impact on sub-Saharan Africa for decades to come, according to RMB.
It has been banking the natural resources sector for over 40 years and sees the number of producing countries increasing, especially with the growth potential East African countries are currently showing. Mozambique is a front-runner and has attracted local and global funding for three large-scale liquefied natural gas (LNG) projects.
Sandile Mbulawa, head of resource finance at RMB, looks at the funding of projects such as these, and how they will benefit the region.
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