Oando secures $800 million Afreximbank commitment for asset acquisition

At the Intra-African Trade Fair in Egypt Cairo, AfreximBank and Oando PLC, Nigeria’s leading indigenous energy solutions provider, signed an $ 800 million loan document to facilitate the company’s acquisition of 100% of the shares of the Nigerian Agip Oil Company (NAOC). The post Oando secures $800 million Afreximbank commitment for asset acquisition appeared first on Nairametrics.

  Business   Nov 15, 2023   0   79  Add to Reading List
Oando secures $800 million Afreximbank commitment for asset acquisition

At the Intra-African Trade Fair in Egypt Cairo, AfreximBank and Oando PLC, Nigeria’s leading indigenous energy solutions provider, signed an $ 800 million loan document to facilitate the company’s acquisition of 100% of the shares of the Nigerian Agip Oil Company (NAOC).

The post Oando secures $800 million Afreximbank commitment for asset acquisition appeared first on Nairametrics.

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