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Afreximbank

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    • L-R: Mr Osvaldo Inácio, Board Member of Sonangol, Mr Haytham Elmaayergi, Executive Vice President of Global Trade Bank at Afreximbank and Mr Gaspar Martins, Chairman of the Board of Directors and President of Sonangol
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Source: Afreximbank |

Afreximbank bolsters Angola’s Energy Sector with a $1.75-billion facility for Sonangol

The strategic financing will support Sonangol’s projected operating and capital expenditure requirements

African Export-Import Bank (Afreximbank) (www.Afreximbank.com), working with other mandated lead arrangers, has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company. The strategic financing will support Sonangol’s projected operating and capital expenditure requirements, while advancing Afreximbank’s mandate to promote African-led financing models that support…

Afreximbank

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    • L-R: Mr. Agostinho Kapaia, Chairman of Opaia Group and Mr. Humphrey Nwugo, Regional Chief Operating Officer, Afreximbank Southern African region
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Source: Afreximbank |

Afreximbank supports Angolan partners to drive industrialization & boost food security

Afreximbank is arranging the required debt funding in its capacity as Mandated Lead Arranger and is also supporting the equity raise as one of the Financial Advisers

African Export-Import Bank (Afreximbank or “The Bank”) (www.Afreximbank.com) and Amufert SA announced that they have signed terms for a USD 1.4 Billion facility to support the establishment of a fertilizer plant in Angola.  Afreximbank is arranging the required debt funding in its capacity as Mandated Lead Arranger and is also…

Afreximbank
Source: Afreximbank |

Gemcorp, Africa Finance Corporation and Afreximbank announce the financial close of Cabinda Oil Refinery with a US$335-million project financing facility

On completion of phase 1, the refinery will process 30,000 barrels of crude oil per day, delivering c. 10% of the country’s total demand for refined oil products

Gemcorp Holdings Limited (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) (www.Afreximbank.com) are pleased to announce the financial close of the Cabinda Oil Refinery in Angola. The US$473 million project is financed through US$138 million of equity already provided by the project sponsors and US$335 million project financing facility led…