Dangote signs US$650mln Afreximbank loan
Africa’s richest man, Aliko Dangote, has signed a US$650 million loan facility with the African Export-Import Bank (Afreximbank) for his oil refinery project in Nigeria.
Africa’s trade bank, based in Egypt, also signed a US$750 million facility with Nigeria’s development bank, the Bank of Industry.
Reuters witnessed the signing of both loans on Saturday.
-Nampa/Reuters
Africa’s trade bank, based in Egypt, also signed a US$750 million facility with Nigeria’s development bank, the Bank of Industry.
Reuters witnessed the signing of both loans on Saturday.
-Nampa/Reuters
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