The African Energy Chamber (AEC) has been actively resisting the increasing pressure to halt new foreign investments in Africa's oil and gas industry in favor of renewable energy sources such as solar, wind, and hydrogen. This push comes from environmental and financial organizations in Europe and North America, urging African nations to transition away from fossil fuels to combat climate change. The AEC argues that continued support for oil and gas projects is vital for job creation, knowledge sharing, and energy infrastructure development in Africa. However, the calls to cease financing for African oil and gas projects have intensified, with pledges from various countries and financial institutions. This poses challenges for the future of Africa's energy industry. To address these challenges, the AEC proposes the establishment of the African Energy Bank to fund a wide range of energy projects in Africa, encompassing oil, gas, solar, and hydrogen operations. The aim is to reduce dependence on foreign support and ensure sustainable energy development on the continent. Strategies to raise capital for energy projects include allocating a percentage of oil and gas revenues, investing African pension funds, and encouraging wealthy Africans to invest in the continent's energy future. Initiatives such as the partnership between Afreximbank and the African Petroleum Producers Organization (APPO) to establish the African Energy Bank demonstrate a commitment to transitioning away from fossil fuels and promoting diversified energy sources in Africa.