Nigeria’s NNPC Seeks to Restore Port Harcourt Refinery in Q1

The state owned Nigerian National Petroleum Corporation has completed negotiations to take a lone from the Afreximbank of $1 billion for repairing its Port Harcourt refinery during the Q1 2021.

Afreximbank, AEICORP Sign Egyptian-Brokered Agreement to Boost Energy Cooperation

The African Export-Import Bank (Afreximbank) and Africa Energy Investment Corporation (AEICORP) signed a cooperation agreement to enhance the energy sector.

Egypt to Receive $1.5B Investment Loan

The African Export-Import Bank (Afreximbank) will provide a $1.5 billion loan to Egypt to fund investments including oil and petrochemical projects.

Congo Received $250m to Support Oil Fields

Congo has signed a facility agreement with Afreximbank under which the Bank will provide $250m in future flow pre-financing to meet Brazzaville’s strategic plan for its oil fields.

Banks to Loan $200m to EGPC

The Egyptian General Petroleum Corporation (EGPC) will sign a $200m loan agreement during with a banking consortium.

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