THUR 27 JAN, 2022-theGBJournal- The African Export Import Bank (Afreximbank), the Trade Finance Bank for Africa, said it will be working with Nigerian National Petroleum Company (NNPC) Limited to raise $5bn financing, as the reinvigorated national oil company seeks to bolster its upstream sector business.
According to Mele Kyari, Group Managing Director of NNPC Limited, the deal will ‘’facilitate energy supply and transition, opening gate for many more opportunities of collaboration with Afreximbank.’’
The deal follows a meeting between Prof Benedict Oramah, Chairman of the Board of Directors and President of Afreximbank and the NNPC Ltd team led by Kyari, in Cairo, Egypt Wednesday.
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