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flag MODEC and AFC partner to develop FPSO projects in Africa, aiming for sustainable economic growth.

flag MODEC and Africa Finance Corporation (AFC) have signed a cooperation agreement to collaborate on floating production, storage, and offloading (FPSO) projects in Africa. flag MODEC, with experience in delivering 11 FPSOs/FSOs/MOPU/TLPs in West Africa, and AFC, a financial institution with over $15 billion invested across Africa, aim to enhance cooperation in technical and market studies, finance solutions, and project development for maritime infrastructure. flag This partnership seeks to support sustainable development and economic growth in African countries.

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