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African Export-Import Bank.

Saudi Arabia’s ambition to drive energy growth across Africa

Saudi Arabia’s ambition to drive energy growth across Africa      Saudi Arabia wants to build stronger relationships with African countries and has eyed the continent’s energy sector as a strategic opportunity to tap into. This became clear during a Saudi Arabia-Africa Energy Investment Forum roundtable discussion at the African Energy Week (AEW) held in Cape …

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Financial close of Cabinda Oil Refinery investment a boost for Angola

Financial close of Cabinda Oil Refinery investment a boost for Angola Gemcorp Holdings Limited (GHL), Africa Finance Corporation (AFC) and African Export-Import Bank (Afreximbank) yesterday announcde the financial close of the Cabinda Oil Refinery investment in Angola. The USD473-million project is financed through USD138-million of equity already provided by the project sponsors and USD335-million project financing …

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Africa’s policymakers should accelerate the implementation and adoption of AfCFTA

Vinod Madhavan, Head of Trade at Standard Bank Group 22 April 2021 – After a cautious start, Africa’s policymakers should accelerate the implementation and adoption of the African Continental Free-trade Area (AfCFTA). Africa’s policymakers need to ensure that the momentum behind the AfCFTA is not lost following the trading bloc’s launch in January. The AfCFTA …

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