Finance
AFREXIMBANK FACILITATES $650M FINANCING FOR OANDO’S ACQUISITION OF NAOC’S 20% INTEREST IN NIGERIAN JV
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 finance Oando’s acquisition of the 20 percent participating interest held
24/08/2024
