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Dangote project closes bank tranche
Nigerian Industrial conglomerate Dangote Group has signed a loan agreement with a group of local and international banks to fund…
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Skye Bank mandates StanChart for oil facility
Nigerias Skye Bank has appointed Standard Chartered as mandated lead arranger (MLA) for a syndicated loan facility. The $100 million…
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Oando clinches funding for ConocoPhillips assets
Oil firm Oando Energy Resources has secured the necessary funding to acquire the upstream oil and gas business of ConocoPhillips…
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Afreximbank funds Nigerian power plant privatisation
The African Export-Import Bank (Afreximbank) has supported the privatisation of a Nigerian power plant located in Ogorode, in the Delta…
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AfDB funds Nigerian paper mill project
The African Development Bank (AfDB) is providing funding for a paper mill project in Nigeria intended to cut down on…
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Nigeria scores $100 million from India Ex-Im
The $100 million line of credit from the Export-Import Bank of India (India Ex-Im) will contribute to the financing of…
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Ecobank Nigeria and BNDES cooperate on $20m line of credit
Ecobank Nigeria has signed a $20 million line of credit with Brazil’s BNDES development bank to aid the importing of…
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Afreximbank sign $272m facility for Heritage Banks takeover of Enterprise Bank
The African Export-Import Bank (Afreximbank) has signed a $272 million facility amounting to 80% of Heritage Banks $344 million takeover…
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Miga looks to guarantee up to $540m for Nigerian IPP
The Multilateral Investment Guarantee Agency (Miga) is looking to guarantee up to $540 million for the Qua Iboe Power Project…
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FMO to provide $40m for Azura-Edo IPP
Dutch development bank FMO is to provide $40 million for the 450 MW gas-fired Azura-Edo independent power project in Nigeria,…
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