Afreximbank Funds Levene Energy to Acquire Stake in Axxela

The African Export-Import Bank (Afreximbank) has provided a $64 million acquisition finance facility to Levene Energy…

Nigeria Prepares to Host Africa Energy Bank

The Federal Government of Nigeria has confirmed that the $5 billion Africa Energy Bank headquarters, to…

Afreximbank Targets $40bn Trade Financing to Power AfCFTA Rollout

Afreximbank has reaffirmed its commitment to boosting intra-African trade, industrialisation, and value-chain development under the African…

COP30: Afreximbank Champions African Climate Agenda

African Export-Import Bank (Afreximbank) is advancing Africa’s climate agenda at the COP30 United Nations Climate Change…

Nigeria Doubles Crude Supply to Local Refineries

The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has reported a sharp rise in crude…

Local Content is Key to Africa’s Energy Future –NCDMB

Engr. Felix Omatsola Ogbe, Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), has…

NNPC Expands Stake in Dangote’s $20bn Refinery

Nigeria’s state-owned oil company, the Nigerian National Petroleum Company (NNPC) Limited, plans to increase its stake…

Spiro Secures $100m to Scale Electric Mobility in Africa

Spiro, a leading African electric two-wheel mobility company, announced it had secured a record $100 million…

Afreximbank, MDGIF Seal $500m Gas Infrastructure Deal

Nigeria’s gas infrastructure is set for a major boost as the African Export-Import Bank (Afreximbank) and…

Zimbabwe Secures $210m Afreximbank Loan, $50m Set for HCB Power Imports

Zimbabwe’s power utility ZESA Holdings has secured a US$210 million facility from Afreximbank to boost its…