Africa Matters

AFC Backs Construction of Africa’s Largest Gas-to-Methanol Plant

By Edson Baraukwa | Africa Guardian Africa Finance Corporation (AFC) is spearheading a major initiative to support the development of Africa’s largest gas-to-methanol plant in Akwa Ibom, Nigeria. This project aims to significantly cut CO2 emissions by converting flared natural gas into valuable methanol, used in solvents, paints, plastics, and automotive parts. The plant will initially produce 1.8 million…

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