News
11 November 2025

Afreximbank agrees $1.3bn loan for Angolan fertiliser plant

In:
Oil & gas
Region:
Middle East & Africa

Afreximbank has approved a $1.3 billion loan to support the construction of a fertiliser plant in Angola. Afreximbank was appointed lead arranger for the project last year.The $2 billion ammonia and urea facility, a joint venture between state-owned Sonagas and the OPAIA Group, aims to reduce...

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