COP27 Press Conference: Who Is Financing Fossil Fuel Expansion in Africa?

Media Info
Sharm el-Sheikh 14.11.2022

Urgewald, Stop EACOP, Oilwatch Africa, Africa Coal Network and 33 further African NGOs offer an exclusive preview of their Special Report “Who is Financing Fossil Fuel Expansion in Africa?”

The original research by Urgewald and NGO partners  identifies 200 companies that are exploring or developing new fossil fuel reserves or developing new fossil infrastructure such as liquefied natural gas (LNG) terminals, pipelines or gas- and coal-fired power plants in Africa.

The report features up-to-date figures on exploration capital expenditure; coal, oil, and gas development; fossil fuel infrastructure and transportation, including LNG; and the banks and investors powering the massive fossil fuel expansion across the African continent.

Please join us at COP27, Press Conference Room Luxor, on November 14, 2022, at 1:00 PM EET.



Heffa Schuecking, Director, Urgewald

Omar Elmawi, Coordinator, #StopEACOP Campaign / Executive Director, Muslims for Human Rights



Leanne Govindsamy, Programme Head, Centre for Environmental Rights


The Special Report "Who Is Financing Fossil Fuel Expansion in Africa?" is under embargo until November 15, 00:01 AM CET. It will be made available to individual journalists ahead of time.

For early access to the full press materials, please contact Dr. Ognyan Seizov, international communications director at Urgewald, via 



    Bild Anprechpartner   Dr. Ognyan Seizov

    Dr. Ognyan Seizov
    International Communications Director
    ognyan.seizov [at]
    +49 (0)30 863 2922-61

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