Afreximbank leads $4 billion Dangote Refinery refinance plan
Afreximbank has signed a $1.35 billion loan financing for Dangote Industries Limited (DIL) as part of a larger $4 billion syndicated credit plan. Syndication of one of the largest loans in recent African financial markets that aims refinance construction of the Dangote Petroleum Refinery and...
African leaders call for U.S. tariff reforms, investment-led ties
“It is time to replace the logic of aid with the logic of investment and trade,” says Angolan President João Lourenço. “We should review the high tariffs on African countries. What is needed is more trade between Africa and the U.S., not less,” said AfDB...
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