NIGERIA: Afreximbank Facilitates US$650M Financing for Oando’s Acquisition of Nigerian Agip Oil Company Limited’s (NAOC’s) 20% Interest

African Export-Import Bank (Afreximbank) has successfully arranged a senior US$500-million and a junior US$150-million reserve-based lending facility for Oando Petroleum and Natural Gas Company Limited. The facility was used to … Read More

The Africa Petroleum Producers’ Organisation, Afreximbank Sign the Establishment Agreement of the Africa Energy Bank, Declaring it Open for Signature by Prospective Member States

African Export-Import Bank (Afreximbank) and the Africa Petroleum Producers’ Organisation (APPO) have announced the historic signing of the Establishment Agreement and the Charter of the Africa Energy Bank (AEB) at … Read More

Africa Investment Forum showcases $1.475B in Green & Renewable Energy Deals at African Development Bank 2023 Annual Meetings

The Africa Investment Forum presented four renewable energy and sustainability projects worth nearly $1.5 billion to investors on the sidelines of the African Development Bank Group’s (www.AfDB.org) 2023 Annual Meetings. The … Read More

Member Countries Asssured of the Protection of their Interest in the Africa Energy Bank – APPO

APPO’s Secretary General (SG), H.E. Dr Omar Farouk Ibrahim, has assured Member Countries of the protection of their interest in the Africa Energy Bank. Delivering a goodwill message at the … Read More

Afreximbank, APPO MoU Creates Africa Energy Bank to Finance Africa’s Oil and Gas Projects

Pan-African multilateral trade finance institution, the African Export-Import Bank (Afreximbank), has signed a Memorandum of Understanding (MoU) with the African Petroleum Producers Organization (APPO) for the creation of a multi-billion-dollar … Read More

Regional Leaders Gather at South Sudan Oil & Power 2021

As South Sudan celebrates a decade of independence, the country welcomes regional leaders and industry executives to the fourth edition of South Sudan Oil & Power (SSOP) 2021. The SSOP … Read More