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Afreximbank

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    • Marc Tabhcy, Founder and Chairman of APD Cameroon (left), exchanges documents with Helen Brume, Director of Project and Asset-Based Finance at Afreximbank, following the signing of an indicative term sheet for the EUR 210 million financing of a new port terminal in Douala, Cameroon
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Source: Afreximbank |

Afreximbank signs term sheet to finance new terminal at Cameroon’s Douala Port

The new terminal will be an extension of the existing Port of Douala and will consist of two berths to be numbered 53 and 54

African Export-Import Bank (Afreximbank) (www.Afreximbank.com) has signed an indicative term sheet with APD-Cameroon for the financing of the development and operation of a new port terminal in Douala, Cameroon, estimated to cost EUR210 million.  According to the term sheet, the proposed facility will be in two tranches in Euro and…

Afreximbank
Source: Afreximbank |

Afreximbank signs agreement to provide Cameroon with EUR 200-million facility to support National Development Strategy implementation

A milestone in the relationship between Afreximbank and the Government, the facility is the largest financing facility ever provided by the Bank in support of Cameroon’s economic development

The African Export-Import Bank (Afreximbank) (www.Afreximbank.com) in Yaoundé signed a EUR200 million financing facility to support the Government of Cameroon in the implementation of its National Development Strategy. Dr. George Elombi, Executive Vice-President, Governance, Legal and Corporate Services, signed the facility agreement on behalf of Afreximbank while Louis Paul Motaze, Minister…