US EditionAfreximbank Bolsters Angola's Energy Sector With a $1.75-Billion Facility for Sonangol
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4 Articles
Afreximbank Bolsters Angola's Energy Sector With a $1.75-Billion Facility for Sonangol
Cairo, Egypt - 28 January 2026 - African Export-Import Bank (Afreximbank), working with other mandated lead arrangers, has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola's national oil company.
Afreximbank bolsters Angola’s energy Sector with a $1.75b facility for Sonangol
African Export-Import Bank (Afreximbank), working with other mandated lead arrangers, has successfully closed a US$1.75 billion syndicated receivables purchase facility for Sonangol, Angola’s national oil company. The strategic financing will support Sonangol’s projected operating and capital expenditure requirements, while advancing Afreximbank’s mandate to promote African-led financing models that support growth, industrialisation, economic se…
African Export-Import Bank (Afreximbank) announced the granting of syndicated debt financing in the amount of $1.75 billion to Sonangol, the Angolan national oil company, according to a press release issued on 28 January 2026. Set up in partnership with several financial institutions, this financing is intended to cover the company's operating and investment expenses.
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