Several top players in Africa’s innovation ecosystem have pledged their commitments to be part of the 7th AfriLabs (https://AfriLabs.com) Annual Gathering (AAG), scheduled to take place in Lusaka, Zambia from the 26th to the 28th of October, 2022 with the theme, “Intra-Africa Connectivity, Collaboration and Innovation”. These partners include: Mozilla, AfreximBank, GIZ Make-IT, Africa Union, […]
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The African Export-Import Bank (Afreximbank) has signed a $1.04 billion deal with the Nigerian National Petroleum Corporation (NNPC) to boost oil output. The deal was signed at the ongoing Intra-African Trade Fair (IATF) in Durban, South Africa. The transaction comprises a pre-export/shipment finance facility underpinned by a forward sale agreement (FSA) and offtake contracts from the Nigerian National Petroleum […]
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Mars Exploration & Production Company Limited has secured a USD 274 Million senior reserve-based lending facility from Afreximbank. Signed yesterday at the ongoing Intra-African Trade Fair IATF in Durban, South Africa by its Founder and Executive Chairman, Mr. Abdullahi Bashir, Mars E & P is to utilize the proceeds of this financing towards the funding […]
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