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Access to clean cooking in Africa: Vitol plans to invest more than 550 million dollars

16/05/2024
Source : ORISHAS-FINANCE
Categories: Sectors

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Vitol announced on Tuesday, May 14, that it plans to invest more than 550 million dollars in infrastructure necessary to develop access to clean cooking in Africa by 2030.

Vitol is a commodity trading group. At a summit on clean cooking in Africa organized in Paris by the African Development Bank style="font-family: "Bookman Old Style”, "serif"> ( BAD ) and the International Energy Agency (IEA), Vitol indicated that these investments concern infrastructures related to liquefied petroleum gas (LPG), from maritime terminals to the high-quality bottles needed for the safe distribution of LPG, as well as investment in carbon projects for clean cooking. They should be carried out by the trader and its subsidiary specialized in the distribution and marketing of fuels.Vivo Energy style="font-family:

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