Afreximbank raises lending facility for Oando to $375m
[Vanguard - Nigeria] - 2/07/2025
By Udeme Akpan, Energy Editor African Export-Import Bank (Afreximbank) has completed upsizing its reserve-based lending facility for Oando Oil Limited to $375 million. The company had paid down the original $525 million facility to $100 million in 2024, creating significant headroom for (…)
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