Dar es Salaam, March 10 -- DAR ES SALAAM: Stanbic Bank has been instrumental in financing key oil and gas projects across East Africa, reinforcing its commitment to the regions energy sector.

The bank has played a significant role in the East African Crude Oil Pipeline (EACOP) and its value chain in Uganda and Tanzania, ensuring access to capital for critical infrastructure.

Additionally, Stanbic was the only African bank at financial close for the Coral Floating Liquefied Natural Gas (FLNG) project in Mozambique, acting as a Commercial Mandated Lead Arranger (MLA).

The bank also played a crucial role in the Mozambique LNG project, serving as an ECIC Adviser, ECIC MLA, commercial MLA, onshore account bank, and security trustee, making ...