News
17 November 2023

Afreximbank finances Azikel Petroleum refinery in Nigeria

In:
Oil & gas
Region:
Middle East & Africa

Azikel Petroleum Refinery, a subsidiary of the Azikel Group in Nigeria, has signed a $259 million debt funding agreement with the Afreximbank for its Azikel Hydro-skimming refinery project.The 12,000 barrels per day refinery project is expected to contribute to the industrialization of Nigeria. The...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
06 July 2026

The new CAD: Moving credit and asset distribution beyond...

TXF’s inaugural Credit and Asset Distribution Day (CAD) gives a platform to a market that has often shaped the limits of long-dated finance, but from the shadows. What's the...

Perspective
10 July 2026

Tanzania SGR: An ECA coordination feat

Tanzania’s latest standard gauge railway financing shows that African transport corridors can access global liquidity. But only when sovereign risk, export credit, MDB...