Refinery: Nigerian company secures $259m Afreximbank facility to compete with Dangote
Nigerian company, Azikel Petroleum Refinery, a subsidiary of the Azikel Group, has received $259 million in debt funding from the African Export-Import Bank (Afreximbank) to build a refinery in the country. The deal was achieved at the Intra-African Trade Fair 2023, held between 9th and 15th 9 in Cairo, Egypt. It will expectedly create energy sufficiency for the development of …