Afreximbank

KEY POINTS Nigerian indigenous energy producer Heirs Energies has secured a major seven hundred and fifty million dollar financing facility from the African Export-Import Bank. The deal, signed in Abuja …

Africa Energy Bank is set to launch mid-2025 with $5 billion in funding to support oil and gas projects across the continent.

KEY POINTS Oil-producing nations in Africa have raised 45% of the initial $5 billion in seed capital for the planned Africa Energy Bank, which will fund oil projects on the …

Oando Plc, Nigeria’s leading indigenous energy firm, has recently partnered with Afreximbank to facilitate a major acquisition. They signed an $800 million loan agreement to fully acquire the Nigerian Agip …

The African Export-Import Bank (Afreximbank) is taking a pivotal step towards executing the $3 billion emergency loan extended to Nigeria’s NNPC Limited. The bank recently began discussions with major oil …