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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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Ecobank Nigeria signs debut $150m loan
Ecobank Nigeria has made its debut in the international loan market with a $150 million loan. Commerzbank, Filiale Luxembourg, First…
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KfW IPEX-Bank, Africa Finance sign $300m infrastructure financing agreement
KfW IPEX-Bank, the German development bank, has signed a framework financing agreement worth $300 million with Africa Finance Corporation (AFC). …
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Development Bank of Nigeria receives $500m finance
The African Development Bank (AfDB) has provided the Development Bank of Nigeria (DBN) with finance of $500 million. AfDB has…
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US Ex-Im guarantees $25.9m loan to Azikel Air
The Export-Import Bank of the United States has guaranteed a seven-year loan for approximately $25.9 million to Nigeria-based Azikel Air.…
