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.
News
Read the latest Archives of oil, gas and energy news.
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.
Nigeria
Nigeria’s UTM Offshore Inks FLNG Preparation Deal with Afreximbank
UTM Offshore signed a project preparation facility agreement with Afreximbank for the country’s pioneer Floating Liquefied Natural Gas (FLNG) development.
Cameroon
Afreximbank to Finance €56M Cameroonian Solar Initiative
The African Export-Import Bank (Afreximbank) has committed €56 million towards a rural electrification project in Cameroon.
Afreximbank Makes Case for Infrastructure Investment at ARDA Week 2023
Rene Awambeng, Global Head and Director, Client Relations, Afreximbank delivered a presentation during ARDA Week 2023 where he explored the infrastructure-energy transition nexus in Africa.
Afreximbank’s Pushes African Energy Investment in London
Afreximbank unpacked investment opportunities across Africa’s oil and gas landscape, with a focus on leveraging key drivers of African and global gas demand.
Senegal
Afreximbank, Ndar Energies Sign Senegal Power Plant Agreement
Afreximbank signed a deal with Ndar Energies S.A. for the development of a 250 MW gas-to-power plant in Senegal.
Afreximbank’s FEDA Secures Approval for Geregu Acquisition
The board of the Fund for Export Development in Africa has received the necessary internal approvals for the acquisition of a minority stake in Geregu Power.
African Energy Week 2022
AEC and Afreximbank Sign MoU to Boost African Energy Investments at AEW 2022
A Memorandum of Understanding signed by the African Energy Chamber and Afreximbank during AEW 2022 to accelerate private sector investments across Africa’s energy sector.
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