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- Mrs. Helen Brume, Director, Project & Asset Finance (right) and Mr. Joseph Ilebode, Group Managing Director, JE Energy Limited (left), signing the agreement, witnessed by colleagues from both institutions
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Afreximbank |
Afreximbank signs a $100 million Trade Finance Facility with JE Energy for the execution of Guyana crude oil export contracts
The facility is expected to help ensure that Guyana is able to trade internationally and to benefit from its natural resources while earning much needed foreign currency
African Export-Import Bank (Afreximbank) (www.Afreximbank.com) on November 5 in Cape Town, South Africa, signed an agreement for a US$ 100-million Revolving Trade Finance Facility in favour of oil trader JE Energy Limited to support its contract implementation in the Republic of Guyana. Under the terms of the agreement signed on…