Nigeria
Nigeria’s NNPC Receives First Tranche of $3.3B Afreximbank Loan
The first installment of $2.25 billion will enable the Nigerian National Petroleum Corporation to strengthen its operations across the oil and gas value chain.
News
Read the latest Archives of oil, gas and energy news.
Oil Senegal Support Services Inks Strategic Partnership with Afreximbank
Through the Afreximbank funding, Oil Senegal Support Services will acquire a Fast Support Vessel.
Oando Secures $800M Afreximbank Loan for NAOC Acquisition
With the loan, Oando PLC will complete the acquisition of shared in the Nigerian Agip Oil Company, expanding its footprint in Nigeria.
Afreximbank Signs $200M Agreement with Nigeria’s ANSIPPA
The financial advisory mandate provides financing for the development of strategic projects in Nigeria.
Afreximbank, Alphaden Energy & Oilfield Limited Sign $60M 7-Year Term Loan Agreement for Gas Processing Facility in Nigeria
Afreximbank and Alphaden Energy & Oilfield Limited have signed a 7-year term loan agreement for a $60m gas processing facility in Bayelsa State, Nigeria.
AEW 2023: Afreximbank, Torxen Energy Resources Sign $75 Million Development Agreement for PPL 241, Offshore Nigeria
Afreximbank and Torxen Energy Resources have signed a $75 million development agreement at this year’s edition of AEW 2023 for PPL 241, offshore Nigeria.
Congo
Trident OGX Congo, Afreximbank Ink $300M Production Deal
Amid efforts to raise crude production in the country, Trident OGX Congo has secured a $300 million facility from Afreximbank.
Nigeria
Nigeria’s NNPC Secures $3bn in Funding from Afreximbank
The Nigerian National Petroleum Corporation has secured $3 billion in financing from Afreximbank to stabilize the foreign exchange market.
Angola
Afreximbank’s Head of Trade Finance to Shape Energy Investment Dialogue at AOG 2023
Gwen Mwaba, Director & Global Head of Trade Finance at Afreximbank has confirmed her participation at AOG 2023, where she will speak about financing opportunities within Angola’s energy sector.
Djibouti
Djibouti Secures $120M Afreximbank Loan for Oil Storage, Terminal Project
Afreximbank has announced a $155 million financing facility to support the implementation of the Damerjog Oil Jetty Terminal and an oil storage depot in Djibouti.
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