African traders in petrol, diesel and jet fuel among other oil products are set to benefit from a $3 billion facility from the African Export-Import Bank. The bank rolled out the $3 billion revolving credit line for African and Caribbean buyers to source oil products more easily from refineries on the continent. Afreximbank expects the credit…...
Trending
- Sonatel: after the EGM of October 8 on the stock split, here is what will change
- Sonatel: after the EGM of October 8 on the stock split, here’s what will change
- Local content: with Simandou Academy, Guineans in control of the Transguinean
- Mauritania: Government resigns less than 24 hours after the publication of the Ousmane Kane report
- Kako Nubukpo: “The current political consensus is not strong enough for a ECOWAS currency to exist”
- Daily African Financial Markets
- Astana-Muscat: when the Gulf and Central Asia invent a new financial corridor
- Burkina Faso: the 2027 budget under the banner of “economic sovereignty”
Afreximbank launches $3 billion revolving facility for oil players
Muthoga Mungania
Muthoga Mungania is an award-winning, Nairobi-based multimedia journalist covering economic, corporate, financial, tech and investor relations matters among other business stories. Muthoga is seasoned in data and market analysis, corporate finance, and economic trends, making them a trusted voice in East African business journalism, communications and consultancy.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com