Congo is working to increase its crude oil and gas production ahead of OPEC negotiations in November.
Afreximbank is offering $300 million loan to Trident OGX Congo to increase crude oil pro… Read More
The African Export-Import Bank, Afreximbank, has commenced talks with oil traders for the execution of the $3 billion emergency loan to Nigeria through the NNPC Limited.
An authoritative oil… Read More
The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news.
The Afr… Read More
There is a growing call for Small and Medium Enterprises (SMEs) to engage in collaborative efforts and adopt the principles of the Africa Continental Free Trade Area (AfCFTA) in order to sur… Read More
Afreximbank invests a record-breaking $36 billion in Nigeria’s economy – Since its inception in 1993, the African Export-Import Bank (Afreximbank) has invested over $36 bill… Read More
Africa’s Global Bank, United Bank for Africa (UBA) has announced an initiative aimed at providing robust and comprehensive financing solutions to support and boost activities of Small… Read More
China Development Bank and Afreximbank enter into a $400M loan to catalyze the growth and prosperity of SMEs across Africa.
This initiative will target SMEs involved not only in intra-Afric… Read More
By Emmanuella Anokam Abuja, Aug. 16, 2023 The Nigerian National Petroleum Company Limited (NNPC Ltd) and Afreximbank have jointly signed a commitment letter and term sheet for an emergency t… Read More
Afreximbank officially marked the opening of its Caribbean office in Barbados on August 4, 2023, with the aim of fostering trade and investment connections between Africa and the Caribbean r… Read More
The deal is African Export-Import Bank’s first such undertaking in Djibouti.
The loan will go to Djibouti’s Great Horn Investment Holding (GHIH) to finance Damerjog Industrial De… Read More
The Federal Government has announced a N5bn palliative for each state of the federation, including the Federal Capital Territory to cushion the impact of the removal of the petrol subsidy… Read More
À l’issue de la phase 1, la raffinerie traitera 30 000 barils de pétrole brut par jour et répondra à environ 10 % …
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The post Raffinerie de Cabi… Read More
By NJ Ayuk
In April, Angola produced 1.06 million barrels per day (bpd) of crude oil, while Nigeria and Algeria both produced 0.999 million bpd
Angola’s oil and gas industry is making… Read More
– The inaugural awards ceremony comes as African Export-Import Bank (Afreximbank) celebrates its 30th anniversary this year – Aliko Dangote GCON, Chairman &a… Read More
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CEO Donovan Chimhandamba. South African ilmenite used to manufacture titanium dioxide pigment in KwaZulu-Natal is on the way t… Read More
Deputy President Paul Mashatile says the success of the African Continental Free Trade Agreement (AfCFTA) depends on the investment in infrastructure in the areas of electricity generation… Read More
President Bola Tinubu, on Thursday, in France, said Nigeria is ready to do business and receive investments from foreign partners.
He premised this on the ongoing reforms such as the remo… Read More