African Export-Import Bank (Afreximbank) congratulates the Government and people of the Republic of Kenya, led by H.E. President Dr William Samoei Ruto, on the groundbreaking…
Fast paced Economic growth in Nigeria
Nigeria’s economy grew by 4.23% year-on-year in the second quarter of 2025, the fastest growth since 2021, according to the national bureau of statistics. The…
Afreximbank Signs US$1.35 Billion Financing Facility to Refinance Dangote Refinery
African Export-Import Bank (Afreximbank) is pleased to announce the signing of a US$1.35 billion financing facility in favor of Dangote Industries Limited (DIL). The facility…
Dangote Refinery launched in Lagos
Africa’s biggest oil refinery has been opened in Nigeria. The $19bn (£15.2bn) refinery, owned by Africa’s richest man, Aliko Dangote, is said to be the…