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FG Okays $2.571bn Loan Facility For Gas Pipeline

FG Okays $2.571bn Loan Facility For Gas Pipeline   The Federal Government wednesday approved the issuance of $2.571 loan facility classified as a sovereign guarantee to fund what it described as engineering procurement and construction (EPC) contract for the Ajaokuta-Kaduna-Kano gas pipeline project. Briefing journalists at the...

Africa Finance Corporation Concludes $140m Loan Facility

Africa Finance Corporation Concludes $140m Loan Facility   Africa Finance Corporation has announced the closing of its inaugural $140m Kimchi Term loan facility. The AFC said in a statement that the facility was AFC’s first Korean-focused instrument, which followed the corporation’s $233m and ¥1bn dual currency Samurai...

Savannah Petroleum Signs $74m Loan Facility

Savannah Petroleum Signs $74m Loan Facility   Savannah Petroleum Plc, a British independent oil and gas company focused around activities in Niger and Nigeria, has announced the signature of a $74m unsecured loan facility. The company said in a notice made available to the London Stock Exchange...