Article

The International Finance Corporation (IFC) has approved two fossil gas projects in Africa: the $100 million Sahara LPG project, which involves new liquefied petroleum gas (LPG) storage terminals in Ghana, Nigeria, Kenya, and Tanzania, and the Cap des Biches gas conversion project in Senegal that will switch a thermal power plant from heavy fuel oil to liquefied natural gas (LNG). Critics highlight that these projects contradict climate goals, lack transparency, and do not provide sufficient community consultation. The investments are seen as prioritizing fossil fuel infrastructure over renewable energy solutions, exacerbating debt issues and climate vulnerabilities in Africa.