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Afreximbank

  • In the NewsMarkets

    Afreximbank Underwrites $2.5 Billion Loan for Dangote Refinery

    by Ikeoluwa Juliana Ogungbangbe April 1, 2026
    by Ikeoluwa Juliana Ogungbangbe April 1, 2026

    Afreximbank has underwritten $2.5 billion of a $4 billion syndicated loan for Dangote Refinery, the largest single commitment in the deal.

  • In the NewsMarketsOil & Gas

    Heirs Energies Secures $750 Million Afreximbank Loan to Double Production

    by Oluwatosin Racheal Alabi December 22, 2025
    by Oluwatosin Racheal Alabi December 22, 2025

    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 …

  • In the News

    Africa Energy Bank Set for Mid-Year Launch as South Africa Shows Interest

    by Adenike Adeodun February 5, 2025
    by Adenike Adeodun February 5, 2025

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

  • In the NewsOil & Gas

    African Oil Nations Raises Half of the Seed for a $5-Billion Energy Bank

    by Ikeoluwa Juliana Ogungbangbe October 4, 2024
    by Ikeoluwa Juliana Ogungbangbe October 4, 2024

    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 …

  • Oil & Gas

    Oando, Afreximbank Sign $800M Deal for Major Oil Sector Move

    by Adenike Adeodun November 15, 2023
    by Adenike Adeodun November 15, 2023

    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 …

  • In the News

    Afreximbank Partners with Oil Traders on NNPC’s $3bn Loan

    by Oluwatosin Racheal Alabi September 28, 2023
    by Oluwatosin Racheal Alabi September 28, 2023

    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 …

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Editors' Picks

Nigeria’s Oil Boom: Record Production in September 2023

Oil Prices Climb as Doubts Over U.S.–Iran Peace Talks Deepen Hormuz Supply Fears
Africa Targets $120bn Refining Boom as Global Energy Crisis Deepens

Latest Stories

Oil Prices Climb as Doubts Over U.S.–Iran Peace Talks...
Africa Targets $120bn Refining Boom as Global Energy Crisis...
Senate Summons NNPCL Over N210 Trillion Audit Queries

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