Benedict Oramah (Afreximbank) ready to step in to help SONARA
The head of the African export-import bank wrote in early February to the owner of Cameroon’s only refinery to inform him of proposals for financial support.
24/03/2020 at 17h00, by Africa Business+
In his letter, Benedict Oramah sets out the various methods of financing that may be granted to the National Oil Refining Company (Société nationale de raffinage – SONARA) led by Jean-Paul Simo Njonou.
Recommended articles
Capital Market & Private Equity
30/03/2022 at 15h39, by Africa Business+
Benedict Oramah Targets deals worth $40 billion Abidjan in 2023
The CEO of the pan-African bank Afreximbank is aiming to achieve a volume of transactions close to that...
Development Bank
20/08/2020 at 16h21, by Africa Business+
Benedict Oramah (Afreximbank) set to launch Afrexinsure
Coinciding with the implementation of the AfCFTA (African Continental Free Trade Area), Afreximbank’s...
Oil & Gas
31/03/2020 at 16h58, by Omer Mbadi
Afreximbank to loan €300m to Sonara
President Paul Biya has authorised the government to enter into negotiations with the pan-African export-import...
Agri-food industry
03/02/2020 at 08h02, by Africa Business+
AfDB and Afreximbank provide €25 Million to Turkey’s Ayka Textile in Burkina Faso
According to information obtained by Jeune Afrique Business +, Yusuf Aydeniz, the founder of the Turkish...
Commercial banking
30/01/2020 at 15h43, by Aurelie Benoit
AfDB plans to increase Afreximbank’s capital in 2020
While some shareholders have recently injected liquidity into the pan-African institution, the African...